Document:

exv4w5

 

Exhibit 4.5

SECOND SUPPLEMENTAL INDENTURE

          SECOND SUPPLEMENTAL INDENTURE (this “Second Supplemental Indenture”), dated as of
August 21, 2006.

          Capitalized terms used but not defined herein shall have the meanings ascribed to them in the
Indenture (as defined below).

          WHEREAS VeraSun Energy Corporation, as issuer (the “Issuer”), VeraSun Aurora
Corporation, a South Dakota corporation, VeraSun Fort Dodge, LLC, a Delaware limited liability
company, VeraSun Charles City, LLC, a Delaware limited liability company, VeraSun Marketing, LLC, a
Delaware limited liability company, and VeraSun Welcome, LLC, a Delaware limited liability company,
as Subsidiary Guarantors, and Wells Fargo Bank, N.A., as trustee, are parties to an Indenture (as
it may be amended or supplemented from time to time, the “Indenture”), dated as of December
21, 2005, relating to the Company’s 9?% Senior Secured Notes due 2012 (the “Notes”);

          WHEREAS Section 9.1(5) of the Indenture allows the Issuer to add a Subsidiary Guarantor
without notice or consent of any Holder.

          NOW, THEREFORE, for good and valuable consideration, the receipt of which is acknowledged, the
parties hereto agree as follows:

          1.1 New Subsidiary Guarantor. By executing this Second Supplemental Indenture and
the Note Guarantee referred to in Section 1.2 hereof, VeraSun Hartley, LLC, a Delaware limited
liability company (“VeraSun Hartley”), hereby agrees to guarantee the Issuer’s obligations
under the Notes on the terms and subject to the conditions set forth in Article XII of the
Indenture and the Note Guarantee.

          1.2 Note Guarantee. VeraSun Hartley has duly executed and hereby delivers to the
Trustee a Note Guarantee with respect to its obligations as a Subsidiary Guarantor under the
Indenture. From and after the date hereof, VeraSun Hartley shall be a Subsidiary Guarantor for all
purposes under the Indenture and the Notes.

          IN WITNESS WHEREOF, the undersigned have caused this Second Supplemental Indenture to be duly
executed as of the date first above written.

	 	 	 	 	 	 	 
	 	 	VERASUN ENERGY CORPORATION,	 	 
	 	 	as Issuer	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Donald L. Endres	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Donald L. Endres	 	 
	 	 	Title: Chief Executive Officer	 	 

 

 

	 	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Bruce A. Jamerson	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Bruce A. Jamerson	 	 
	 	 	Title: President	 	 
	 
	 	 	 	 	 	 
	 	 	VERASUN AURORA CORPORATION,	 	 
	 	 	as Guarantor	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Donald L. Endres	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Donald L. Endres	 	 
	 	 	Title: Chief Executive Officer	 	 
	 
	 

	 	By:
	 	/s/ Bruce A. Jamerson	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Bruce A. Jamerson	 	 
	 	 	Title: President	 	 
	 
	 	 	 	 	 	 
	 	 	VERASUN FORT DODGE, LLC,	 	 
	 	 	as Guarantor	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Donald L. Endres	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Donald L. Endres	 	 
	 	 	Title: Chief Executive Officer	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Bruce A. Jamerson	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Bruce A. Jamerson	 	 
	 	 	Title: President	 	 
	 
	 	 	 	 	 	 
	 	 	VERASUN CHARLES CITY, LLC,	 	 
	 	 	as Guarantor	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Donald L. Endres	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Donald L. Endres	 	 
	 	 	Title: Chief Executive Officer	 	 

 

 

	 	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Bruce A. Jamerson	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Bruce A. Jamerson	 	 
	 	 	Title: President	 	 
	 
	 	 	 	 	 	 
	 	 	VERASUN MARKETING, LLC,	 	 
	 	 	as Guarantor	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Donald L. Endres	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Donald L. Endres	 	 
	 	 	Title: Chief Executive Officer	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Bruce A. Jamerson	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Bruce A. Jamerson	 	 
	 	 	Title: President	 	 
	 
	 	 	 	 	 	 
	 	 	VERASUN WELCOME, LLC,	 	 
	 	 	as Guarantor	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Donald L. Endres	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Donald L. Endres	 	 
	 	 	Title: Chief Executive Officer	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Bruce A. Jamerson	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Bruce A. Jamerson	 	 
	 	 	Title: President	 	 
	 
	 	 	 	 	 	 
	 	 	VERASUN HARTLEY, LLC,	 	 
	 	 	as Guarantor	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Donald L. Endres	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Donald L. Endres	 	 
	 	 	Title: Chief Executive Officer	 	 

 

 

	 	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Bruce A. Jamerson	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Bruce A. Jamerson	 	 
	 	 	Title: President	 	 
	 
	 	 	 	 	 	 
	 	 	WELLS FARGO BANK, N.A.,	 	 
	 	 	as Trustee	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Timothy P. Mowdy	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Timothy P. Mowdy	 	 
	 	 	Title: Vice Presidentexv10w57

 

EXHIBIT
10.57

AMENDMENT NO. 4 TO

PATENT AND TECHNOLOGY LICENSE AGREEMENT

DATED JULY 31, 1994

     This is AMENDMENT NO 4 effective this 1st day of August                      , 2006, to
the Patent and Technology License Agreement dated July 20, 1994 (as amended, the AGREEMENT) is
between THE BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM (BOARD), an agency of the State of
Texas, on behalf of THE UNIVERSITY OF TEXAS M. D. ANDERSON CANCER CENTER (MDA), located at 1515
Holcombe Boulevard, Houston, Texas 77030, and INTROGEN THERAPEUTICS, INC, a Texas corporation,
located at 301 Congress Avenue, Suite 1850, Austin, Texas 78701 (LICENSEE).

RECITALS

	A.	 	BOARD is the owner of several new inventions (collectively, these new inventions are
referred to as Technologies Numbered 28-36).
	 
	B.	 	LICENSEE is interested in developing and commercializing new technologies directed to the
treatment of cancel, and other threatening diseases, to which end LICENSEE, MDA and BOARD
entered into the AGREEMENT noted hereinabove.
	 
	C.	 	LICENSEE wishes to add Technologies Numbered 28-36 under PATENT RIGHTS as defined in Section
2.3 of the AGREEMENT.
	 
	D.	 	And, BOARD wishes to grant LICENSEE rights to Technologies Numbered 28-36 to promote its
practical development for the benefit of the MDA’s patients and for the benefit of the people
of the state of Texas.

NOW, THEREFORE, in consideration for the mutual covenants contained herein, the sufficiency of
which is hereby acknowledged, the parties hereby agree to the following:

	1.	 	Revised Attachment A to the AGREEMENT is hereby deleted in its entirety and replaced with
the Attachment A for AMENDMENT NO. 4 (attached hereto).
	 
	2.	 	The definitions set forth in the AGREEMENT shall apply in this AMENDMENT NO. 4, except to
the extent that a definition herein is specific to this AMENDMENT NO.
4.
	 
	3.	 	The terms and provisions of the AGREEMENT shall remain in full force and effect, provided,
however, that in the event of a conflict in the terms and conditions between this AMENDMENT
NO. 4 and the AGREEMENT, AMENDMENT NO. 4 shall prevail.
	 
	4.	 	Together, this AMENDMENT NO. 4 and the AGREEMENT constitute the entire agreement between
the parties in connection with the subject matter hereof and supersedes all prior and
contemporaneous agreements, understandings, negotiations and discussions, whether oral
or written, of the parties.

 

 

Introgen
Therapeutics, Inc. Amendment No. 4

Page 2

     IN WITNESS WHEREOF, the parties hereto have caused their duly authorized representatives to execute
this AMENDMENT NO. 4.

	 	 	 
	THE BOARD OF REGENTS FOR THE UNIVERSITY OF TEXAS SYSTEM
	 
	 	 
	By:

	 	/s/ John Mendelsohn, M. D.
	 

	 	 
	 

	 	John Mendelsohn, M. D.
	 

	 	President
	 

	 	M. D. Anderson Cancer Center
	 
	 	 
	Date:

	 	 8/1/06
	 

	 	 
	 
	 	 
	THE UNIVERSITY OF TEXAS M. D. ANDERSON CANCER CENTER
	 
	 	 
	By:

	 	/s/ Leon Leach
	 

	 	 
	 

	 	Leon Leach
	 

	 	Executive Vice President
	 

	 	M. D. Anderson Cancer Center
	 
	 	 
	Date:

	 	 7/26/06
	 

	 	 
	 
	 	 
	APPROVED AS TO CONTENT:
	 
	 	 
	By:

	 	/s/ Christopher C. Capelli, M. D.
	 

	 	 
	 

	 	Christopher C. Capelli, M. D.
	 

	 	Vice President, Technology Transfer
	 
	 	 
	Date:

	 	 6.15.06
	 

	 	 

	 	 	 
	INTROGEN THERAPEUTICS, INC
	 
	 	 
	By:

	 	/s/ David G. Nance
	 

	 	 
	 

	 	David G. Nance
	 

	 	President and CEO
	 
	 	 
	Date:

	 	May 22, 2006
	 

	 	 

 

Introgen Theraputics, Inc. Amendment No. 4

Page 3

ATTACHMENT A

AMENDMENT NO. 4

[*]

[*]
Certain information on this page has been omitted and filed
separately with the Commission. Confidential treatment has been
requested with respect to the omitted portions.exv10w01

 

Exhibit 10.01

	 	 	 
	News
Release
	 

	 	 	 
	Company Contacts:

	 	Jeffrey Hall
	 

	 	Chief Financial Officer
	 

	 	(408) 875-6800
	 

	 	Jeff.hall@kla-tencor.com
	 
	 	 
	 

	 	Kyra Whitten (Media)
	 

	 	Sr. Director, Corporate Communications
	 

	 	(408) 875-7819
	 

	 	Kyra.whitten@kla-tencor.com

FOR IMMEDIATE RELEASE

KLA-TENCOR DECLARES REGULAR CASH DIVIDEND FOR

SECOND QUARTER FISCAL YEAR 2007

SAN JOSE, Calif., November 6, 2006—KLA-Tencor Corporation (NASDAQ: KLAC) today announced that
its Board of Directors has declared a quarterly cash dividend of $.12 per share on its common stock
payable on December 1, 2006 to KLA-Tencor stockholders of record on November 15, 2006.

About KLA-Tencor: KLA-Tencor is the world leader in yield management and process control
solutions for semiconductor manufacturing and related industries. Headquartered in San Jose,
Calif., the company has sales and service offices around the world. An S&P 500 company, KLA-Tencor
is traded on the Nasdaq National Market under the symbol KLAC. Additional information about the
company is available on the Internet at http://www.kla-tencor.com

###exv10w1

 

EXHIBIT 10.1

Commercial Vehicle Group, Inc.

Deferred Compensation Plan

Master Plan Document

 

 

 

 

TABLE OF CONTENTS

	 	 	 
	 	Page	 
	ARTICLE 1 DEFINITIONS
	 	1
	1.1 “Account Balance.”
	 	1
	1.2 “Affiliate” or “Affiliates.”
	 	1
	1.3 “Annual Account.”
	 	1
	1.4 “Annual Deferral Amount.”
	 	2
	1.5 “Annual Installment Method.”
	 	2
	1.6 “Base Salary.”
	 	2
	1.7 “Beneficiary.”
	 	2
	1.8 “Beneficiary Designation Form.”
	 	2
	1.9 “Benefit Distribution Date.”
	 	2
	1.10 “Board.”
	 	3
	1.11 “Bonus.”
	 	3
	1.12 “Change in Control.”
	 	3
	1.13 “Change in Control Benefit.”
	 	3
	1.14 “Claimant.”
	 	3
	1.15 “Code.”
	 	3
	1.16 “Committee.”
	 	4
	1.17 “Company.”
	 	4
	1.18 “Company Discretionary Contribution Amount.”
	 	4
	1.19 “Company Restoration Matching Amount.”
	 	4
	1.20 “Death Benefit.”
	 	4
	1.21 “Director.”
	 	4
	1.22 “Director Fees.”
	 	4
	1.23 “Disability” or “Disabled.”
	 	4
	1.24 “Disability Benefit.”
	 	4
	1.25 “Election Form.”
	 	4
	1.26 “Employee.”
	 	4
	1.27 “Employer(s).”
	 	4
	1.28 “ERISA.”
	 	4
	1.29 “First Plan Year.”
	 	4
	1.30 “401(k) Plan.”
	 	5
	1.31 “LTIP Amounts.”
	 	5
	1.32 “Participant.”
	 	5
	1.33 “Plan.”
	 	5
	1.34 “Plan Agreement.”
	 	5
	1.35 “Plan Year.”
	 	5
	1.36 “Retirement,” “Retire(s)” or “Retired.”
	 	5
	1.37 “Retirement Benefit.”
	 	5
	1.38 “Scheduled Distribution.”
	 	5
	1.39 “Specified Employee.”
	 	5
	1.40 “Terminate the Plan” or “Termination of the Plan.”
	 	6
	1.41 “Termination Benefit.”
	 	6

-i-

 

TABLE OF CONTENTS
(continued)

	 	 	 
	 	Page	 
	1.42 “Termination of Employment.”
	 	  6
	1.43 “Trust.”
	 	  6
	1.44 “Unforeseeable Emergency.”
	 	  6
	1.45 “Years of Service.”
	 	  6
	ARTICLE 2 SELECTION, ENROLLMENT, ELIGIBILITY
	 	  6
	2.1 Selection by Committee
	 	  6
	2.2 Enrollment and Eligibility Requirements; Commencement of Participation
	 	  6
	ARTICLE 3 DEFERRAL COMMITMENTS/COMPANY DISCRETIONARY
	 	  7
	CONTRIBUTION AMOUNTS/ COMPANY RESTORATION MATCHING
AMOUNTS/ VESTING/CREDITING/TAXES
	 	 
	3.1 Minimum Deferrals
	 	  7
	(a) Annual Deferral Amount
	 	  7
	(b) Short Plan Year
	 	  8
	3.2 Maximum Deferral
	 	  8
	(a) Annual Deferral Amount
	 	  8
	(b) Short Plan Year
	 	  8
	3.3 Election to Defer; Effect of Election Form
	 	  9
	(a) First Plan Year
	 	  9
	(b) Subsequent Plan Years
	 	  9
	(c) Performance-Based Compensation
	 	  9
	(d) Compensation Subject to Risk of Forfeiture
	 	  9
	3.4 Withholding and Crediting of Annual Deferral Amounts
	 	10
	3.5 Company Discretionary Contribution Amount
	 	10
	3.6 Company Restoration Matching Amount
	 	10
	3.7 Crediting of Amounts after Benefit Distribution
	 	11
	3.8 Vesting
	 	11
	3.9 Crediting/Debiting of Account Balances
	 	12
	(a) Measurement Funds
	 	12
	(b) Election of Measurement Funds
	 	12
	(c) Proportionate Allocation
	 	13
	(d) Crediting or Debiting Method
	 	13
	(e) No Actual Investment
	 	13
	3.10 FICA and Other Taxes
	 	13
	(a) Annual Deferral Amounts
	 	13
	(b) Company Restoration Matching Amounts and Company
Discretionary Contribution Amounts
	 	14
	(c) Distributions
	 	14

-ii-

 

TABLE OF CONTENTS
(continued)

	 	 	 
	 	Page  
	ARTICLE 4 SCHEDULED DISTRIBUTION; UNFORESEEABLE EMERGENCIES
	 	14
	4.1 Scheduled Distribution
	 	14
	4.2 Postponing Scheduled Distributions
	 	14
	4.3 Other Benefits Take Precedence Over Scheduled Distributions
	 	15
	4.4 Unforeseeable Emergencies
	 	15
	ARTICLE 5 CHANGE IN CONTROL BENEFIT
	 	16
	5.1 Change in Control Benefit
	 	16
	5.2 Payment of Change in Control Benefit
	 	16
	ARTICLE 6 RETIREMENT BENEFIT
	 	16
	6.1 Retirement Benefit
	 	16
	6.2 Payment of Retirement Benefit
	 	16
	ARTICLE 7 TERMINATION BENEFIT
	 	17
	7.1 Termination Benefit
	 	17
	7.2 Payment of Termination Benefit
	 	17
	ARTICLE 8 DISABILITY BENEFIT
	 	18
	8.1 Disability Benefit
	 	18
	8.2 Payment of Disability Benefit
	 	18
	ARTICLE 9 DEATH BENEFIT
	 	18
	9.1 Death Benefit
	 	18
	9.2 Payment of Death Benefit
	 	18
	ARTICLE 10 BENEFICIARY DESIGNATION
	 	18
	10.1 Beneficiary
	 	18
	10.2 Beneficiary Designation; Change; Spousal Consent
	 	18
	10.3 Acknowledgment
	 	19
	10.4 No Beneficiary Designation
	 	19
	10.5 Doubt as to Beneficiary
	 	19
	10.6 Discharge of Obligations
	 	19
	ARTICLE 11 LEAVE OF ABSENCE
	 	19
	11.1 Paid Leave of Absence
	 	19
	11.2 Unpaid Leave of Absence
	 	19
	11.3 Leaves Resulting in Separation from Service
	 	20
	ARTICLE 12 TERMINATION OF PLAN, AMENDMENT OR MODIFICATION
	 	20
	12.1 Termination of Plan
	 	20
	12.2 Amendment
	 	20
	12.3 Plan Agreement
	 	21

-iii-

 

TABLE OF CONTENTS
(continued)

	 	 	 
	 	Page   
	12.4 Effect of Payment
	 	21
	ARTICLE 13 ADMINISTRATION
	 	21
	13.1 Committee Duties
	 	21
	13.2 Administration Upon Change In Control
	 	21
	13.3 Agents
	 	21
	13.4 Binding Effect of Decisions
	 	21
	13.5 Indemnity of Committee
	 	22
	13.6 Employer Information
	 	22
	ARTICLE 14 OTHER BENEFITS AND AGREEMENTS
	 	22
	14.1 Coordination with Other Benefits
	 	22
	ARTICLE 15 CLAIMS PROCEDURES
	 	22
	15.1 Presentation of Claim
	 	22
	15.2 Notification of Decision
	 	22
	15.3 Review of a Denied Claim
	 	23
	15.4 Decision on Review
	 	23
	15.5 Legal Action
	 	24
	ARTICLE 16 TRUST
	 	24
	16.1 Establishment of the Trust
	 	24
	16.2 Interrelationship of the Plan and the Trust
	 	24
	16.3 Distributions From the Trust
	 	24
	ARTICLE 17 MISCELLANEOUS
	 	24
	17.1 Status of Plan
	 	24
	17.2 Unsecured General Creditor
	 	24
	17.3 Employer’s Liability
	 	25
	17.4 Nonassignability
	 	25
	17.5 Not a Contract of Employment
	 	25
	17.6 Furnishing Information
	 	25
	17.7 Terms
	 	25
	17.8 Captions
	 	25
	17.9 Governing Law
	 	25
	17.10 Notice
	 	26
	17.11 Successors
	 	26
	17.12 Spouse’s Interest
	 	26
	17.13 Validity
	 	26
	17.14 Incompetent
	 	26
	17.15 Court Order
	 	26
	17.16 Distribution in the Event of Income Inclusion Under 409A
	 	27
	17.17 Deduction Limitation on Benefit Payments
	 	27

-iv-

 

TABLE OF CONTENTS
(continued)

	 	 	 
	 	Page  
	17.18 Insurance
	 	27
	17.19 Incorporation of Additional Applicable Guidance
	 	27
	APPENDIX
A LIMITED TRANSITION RELIEF MADE AVAILABLE IN ACCORDANCE WITH CODE SECTION 409A AND RELATED
TREASURY GUIDANCE AND REGULATIONS
	 	1
	1. Opportunity to Make New Distribution Elections
	 	1

-v-

 

Commercial Vehicle Group, Inc.

Deferred Compensation Plan

     Master Plan Document

 

 

COMMERCIAL VEHICLE GROUP, INC.

DEFERRED COMPENSATION PLAN

Effective July 1, 2006

Purpose

     The purpose of this Plan is to provide specified benefits to Directors and a select group of
management or highly compensated Employees who contribute materially to the continued growth,
development and future business success of Commercial Vehicle Group, Inc., a Delaware corporation,
and its subsidiaries and Affiliates, if any, that sponsor this Plan. This Plan shall be unfunded
for tax purposes and for purposes of Title I of ERISA.

     This Plan is intended to comply with all applicable law, including Code Section 409A and
related Treasury guidance and Regulations, and shall be operated and interpreted in accordance with
this intention. Consistent with the foregoing, and in order to transition the Plan to the
requirements of Code Section 409A and related Treasury guidance and Regulations, the Committee has
made available, or will make available, to Participants certain transition relief described more
fully in Appendix A of this Plan, as permitted by Code Section 409A and related Treasury guidance
and Regulations.

ARTICLE 1

Definitions

     For the purposes of this Plan, unless otherwise clearly apparent from the context, the
following phrases or terms shall have the following indicated meanings:

	1.1	 	“Account Balance.” With respect to a Participant, an entry on the records of the
Employer equal to the sum of the Participant’s Annual Accounts. The Account Balance shall be
a bookkeeping entry only and shall be utilized solely as a device for the measurement and
determination of the amounts to be paid to a Participant, or his or her designated
Beneficiary, pursuant to this Plan.
	 
	1.2	 	“Affiliate” or “Affiliates.” A group of entities, including the Company, which
constitutes a controlled group of corporations (as defined in section 414(b) of the Code), a
group of trades or businesses (whether or not incorporated) under common control (as defined
in section 414(c) of the Code), and members of an affiliated service group (within the meaning
of section 414(m) of the Code).
	 
	1.3	 	“Annual Account.” With respect to a Participant, an entry on the records of the
Employer equal to the following amount: (i) the sum of the Participant’s Annual Deferral
Amount, Company Discretionary Contribution Amount and Company Restoration Matching Amount for
any one Plan Year, plus (ii) amounts credited or debited to such amounts pursuant to this
Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant
to this Plan that relate to the Annual Account for such Plan Year. The Annual Account shall
be a bookkeeping entry only and shall be utilized solely as a device for the measurement and
determination of the amounts to be paid to a Participant, or his or her designated
Beneficiary, pursuant to this Plan.

-1-

 

Commercial Vehicle Group, Inc.

Deferred Compensation Plan

     Master Plan Document

 

 

	1.4	 	“Annual Deferral Amount.” That portion of a Participant’s Base Salary, Bonus,
Director Fees and LTIP Amounts that a Participant defers in accordance with Article 3 for any
one Plan Year, without regard to whether such amounts are withheld and credited during such
Plan Year. In the event of a Participant’s Retirement, Disability, death or Termination of
Employment prior to the end of a Plan Year, such year’s Annual Deferral Amount shall be the
actual amount withheld prior to such event.
	 
	1.5	 	“Annual Installment Method.” An annual installment payment over the number of years
selected by the Participant in accordance with this Plan, calculated as follows: (i) for the
first annual installment, the vested portion of each Annual Account shall be calculated as of
the close of business on or around the Participant’s Benefit Distribution Date, as determined
by the Committee in its sole discretion, and (ii) for remaining annual installments, the
vested portion of each applicable Annual Account shall be calculated on every anniversary of
such calculation date, as applicable. Each annual installment shall be calculated by
multiplying this balance by a fraction, the numerator of which is one and the denominator of
which is the remaining number of annual payments due to the Participant. By way of example,
if the Participant elects a ten (10) year Annual Installment Method as the form of Retirement
Benefit for an Annual Account, the first payment shall be 1/10 of the vested balance of such
Annual Account, calculated as described in this definition. The following year, the payment
shall be 1/9 of the vested balance of such Annual Account, calculated as described in this
definition.
	 
	1.6	 	“Base Salary.” The annual cash compensation relating to services performed during
any calendar year, excluding distributions from nonqualified deferred compensation plans,
bonuses, commissions, overtime, fringe benefits, stock options, relocation expenses, incentive
payments, non-monetary awards, director fees and other fees, and automobile and other
allowances paid to a Participant for employment services rendered (whether or not such
allowances are included in the Employee’s gross income). Base Salary shall be calculated
before reduction for compensation voluntarily deferred or contributed by the Participant
pursuant to all qualified or nonqualified plans of any Employer and shall be calculated to
include amounts not otherwise included in the Participant’s gross income under Code Sections
125, 402(e)(3), 402(h), or 403(b) pursuant to plans established by any Employer; provided,
however, that all such amounts will be included in compensation only to the extent that had
there been no such plan, the amount would have been payable in cash to the Employee.
	 
	1.7	 	“Beneficiary.” One or more persons, trusts, estates or other entities, designated in
accordance with Article 10, that are entitled to receive benefits under this Plan upon the
death of a Participant.
	 
	1.8	 	“Beneficiary Designation Form.” The form established from time to time by the
Committee that a Participant completes, signs and returns to the Committee to designate one or
more Beneficiaries.
	 
	1.9	 	“Benefit Distribution Date.” A date that triggers distribution of a Participant’s
vested benefits. A Benefit Distribution Date for a Participant shall be determined upon the
occurrence of any one of the following:

-2-

 

Commercial Vehicle Group, Inc.

Deferred Compensation Plan

     Master Plan Document

 

 

	 	(a)	 	If the Participant Retires, the Benefit Distribution Date for his or her vested
Account Balance shall be the last day of the six-month period immediately following the
date on which the Participant Retires; provided, however, in the event the Participant
changes the Retirement Benefit election for one or more Annual Accounts in accordance
with Section 6.2(b), the Benefit Distribution Date for such Annual Account(s) shall be
postponed in accordance with such Section 6.2(b); or
	 
	 	(b)	 	If the Participant experiences a Termination of Employment, the Benefit
Distribution Date for his or her vested Account Balance shall be the last day of the
six-month period immediately following the date on which the Participant experiences a
Termination of Employment; or
	 
	 	(c)	 	If the Participant dies prior to the complete distribution of his or her vested
Account Balance, the Participant’s Benefit Distribution Date shall be the date on which
the Committee is provided with proof that is satisfactory to the Committee of the
Participant’s death; or
	 
	 	(d)	 	If the Participant becomes Disabled, the Participant’s Benefit Distribution
Date shall be the date on which the Participant becomes Disabled; or
	 
	 	(e)	 	If (i) a Change in Control occurs prior to the Participant’s Termination of
Employment, Retirement, death or Disability, and (ii) the Participant has elected to
receive a Change in Control Benefit, as set forth in Section 5.1 below, the
Participant’s Benefit Distribution Date shall be the date on which the Company
experiences a Change in Control, as determined by the Committee in its sole discretion.
	 
	 	(f)	 	Notwithstanding any provision to the contrary in the Plan, in a Plan Agreement,
or in an election form, with respect to any distribution due to separation from service
(other than due to death), the Benefit Distribution Date for a Specified Employee shall
not occur prior to the date that is six (6) months after the date of such separation
from service.

	1.10	 	“Board.” The board of directors of the Company.
	 
	1.11	 	“Bonus.” Any compensation, in addition to Base Salary and LTIP Amounts, earned by a
Participant for services rendered during a Plan Year, under any Employer’s annual bonus and
cash incentive plans or other arrangement designated by the Committee, as further specified on
an Election Form.
	 
	1.12	 	“Change in Control.” Any “change in control event” as defined in Proposed Treasury
Regulation Section 1.409A-3(g)(5)(i).
	 
	1.13	 	“Change in Control Benefit.” The meaning set forth in Article 5.
	 
	1.14	 	“Claimant.” The meaning set forth in Section 15.1.
	 
	1.15	 	“Code.” The Internal Revenue Code of 1986, as it may be amended from time to time.

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	1.16	 	“Committee.” The committee described in Article 13.
	 
	1.17	 	“Company.” Commercial Vehicle Group, Inc., a Delaware corporation, and any successor
to all or substantially all of the Company’s assets or business.
	 
	1.18	 	“Company Discretionary Contribution Amount.” For any one Plan Year, the amount
determined in accordance with Section 3.5.
	 
	1.19	 	“Company Restoration Matching Amount.” For any one Plan Year, the amount determined
in accordance with Section 3.6.
	 
	1.20	 	“Death Benefit.” The benefit set forth in Article 9.
	 
	1.21	 	“Director.” Any member of the board of directors of any Employer.
	 
	1.22	 	“Director Fees.” The annual fees earned by a Director from any Employer, including
retainer fees and meetings fees, as compensation for serving on the board of directors.
	 
	1.23	 	“Disability” or “Disabled.” That a Participant is (i) unable to engage in
any substantial gainful activity by reason of any medically determinable physical or mental
impairment which can be expected to result in death or can be expected to last for a
continuous period of not less than 12 months, or (ii) by reason of any medically determinable
physical or mental impairment which can be expected to result in death or can be expected to
last for a continuous period of not less than 12 months, receiving income replacement benefits
for a period of not less than 3 months under an accident or health plan covering employees of
the Participant’s Employer. For purposes of this Plan, a Participant shall be deemed Disabled
if determined to be totally disabled by the Social Security Administration, or if determined
to be disabled in accordance with the applicable disability insurance program of such
Participant’s Employer, provided that the definition of “disability” applied under such
disability insurance program complies with the requirements in the preceding sentence.
	 
	1.24	 	“Disability Benefit.” The benefit set forth in Article 8.
	 
	1.25	 	“Election Form.” Shall mean the form, which may be in electronic format, established
from time to time by the Committee that a Participant completes, signs and returns to the
Committee to make an election under the Plan.
	 
	1.26	 	“Employee.” A person who is an employee of any Employer.
	 
	1.27	 	“Employer(s).” The Company and/or any of its subsidiaries or Affiliates (now in
existence or hereafter formed or acquired) that have been selected by the Board to participate
in the Plan and have adopted the Plan as a sponsor.
	 
	1.28	 	“ERISA.” The Employee Retirement Income Security Act of 1974, as it may be amended
from time to time.
	 
	1.29	 	“First Plan Year.” The period beginning July 1, 2006 and ending December 31, 2006.

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	1.30	 	“401(k) Plan.” With respect to an Employer, a plan qualified under Code Section
401(a) that contains a cash or deferral arrangement described in Code Section 401(k), adopted
by the Employer, as it may be amended from time to time, or any successor thereto.
	 
	1.31	 	“LTIP Amounts.” Any portion of the compensation attributable to a Plan Year that is
earned by a Participant as an Employee under any Employer’s long-term incentive plan or any
other long-term incentive arrangement designated by the Committee.
	 
	1.32	 	“Participant.” Any Employee or Director (i) who is selected to participate in the
Plan, (ii) who submits an executed Plan Agreement, Election Form and Beneficiary Designation
Form, which are accepted by the Committee, and (iii) whose Plan Agreement has not terminated.
	 
	1.33	 	“Plan.” The Commercial Vehicle Group, Inc. Deferred Compensation Plan, which shall
be evidenced by this instrument and by each Plan Agreement, as they may be amended from time
to time.
	 
	1.34	 	“Plan Agreement.” A written agreement, as may be amended from time to time, which is
entered into by and between an Employer and a Participant. Each Plan Agreement executed by a
Participant and the Participant’s Employer shall provide for the entire benefit to which such
Participant is entitled under the Plan; should there be more than one Plan Agreement, the Plan
Agreement bearing the latest date of acceptance by the Employer shall supersede all previous
Plan Agreements in their entirety and shall govern such entitlement. The terms of any Plan
Agreement may be different for any Participant, and any Plan Agreement may provide additional
benefits not set forth in the Plan or limit the benefits otherwise provided under the Plan;
provided, however, that any such additional benefits or benefit limitations must be agreed to
by both the Employer and the Participant.
	 
	1.35	 	“Plan Year.” Except for the First Plan Year, means a period beginning on January 1
of each calendar year and continuing through December 31 of such calendar year.
	 
	1.36	 	“Retirement,” “Retire(s)” or “Retired.” With respect to an Employee,
separation from service with all Employers for any reason other than death or Disability, as
determined in accordance with Code Section 409A and related Treasury guidance and Regulations,
on or after the attainment of age fifty-five (55) with five (5) Years of Service; and shall
mean with respect to a Director who is not an Employee, separation from service as a Director
with all Employers. If a Participant is both an Employee and a Director, Retirement shall not
occur until he or she Retires as both an Employee and a Director.
	 
	1.37	 	“Retirement Benefit.” The benefit set forth in Article 6.
	 
	1.38	 	“Scheduled Distribution.” The distribution set forth in Section 4.1.
	 
	1.39	 	“Specified Employee.” A Participant described in Proposed Treasury Regulation
Section 1.409A-1(i), so long as the Company’s stock is publicly traded on an established
securities market or otherwise.

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	1.40	 	“Terminate the Plan” or “Termination of the Plan.” A determination by the Company’s
board of directors that (i) Participants shall no longer be eligible to participate in the
Plan, (ii) no new deferral elections for such Participants shall be permitted, and (iii) such
Participants shall no longer be eligible to receive company contributions under this Plan.
	 
	1.41	 	“Termination Benefit.” The benefit set forth in Article 7.
	 
	1.42	 	“Termination of Employment.” The separation from service with all Employers,
voluntarily or involuntarily, for any reason other than Retirement, Disability or death, as
determined in accordance with Code Section 409A and related Treasury guidance and Regulations.
If a Participant is both an Employee and a Director, a Termination of Employment shall occur
only upon the termination of the last position held.
	 
	1.43	 	“Trust.” One or more trusts established by the Company in accordance with Article
16.
	 
	1.44	 	“Unforeseeable Emergency.” A severe financial hardship of the Participant or his or
her Beneficiary resulting from (i) an illness or accident of the Participant or Beneficiary,
the Participant’s or Beneficiary’s spouse, or the Participant’s or Beneficiary’s dependent (as
defined in Code Section 152(a)), (ii) a loss of the Participant’s or Beneficiary’s property
due to casualty, or (iii) such other similar extraordinary and unforeseeable circumstances
arising as a result of events beyond the control of the Participant or the Participant’s
Beneficiary, all as determined in the sole discretion of the Committee.
	 
	1.45	 	“Years of Service.” The total number of full years in which a Participant has been
employed by one or more Employers. For purposes of this definition, a year of employment
shall be a 365 day period (or 366 day period in the case of a leap year) that, for the first
year of employment, commences on the Employee’s date of hiring and that, for any subsequent
year, commences on an anniversary of that hiring date. The Committee shall make a
determination as to whether any partial year of employment shall be counted as a Year of
Service.

ARTICLE 2

Selection, Enrollment, Eligibility

	2.1	 	Selection by Committee. Participation in the Plan shall be limited to Directors and,
as determined by the Committee in its sole discretion, a select group of management or highly
compensated Employees. From that group, the Committee shall select, in its sole discretion,
those individuals who may actually participate in this Plan.
	 
	2.2	 	Enrollment and Eligibility Requirements; Commencement of Participation.

	 	(a)	 	As a condition to participation, each Director or selected Employee who is
eligible to participate in the Plan effective as of the first day of a Plan Year shall
complete, execute and return to the Committee a Plan Agreement, an Election Form and a
Beneficiary Designation Form, prior to the first day of such Plan Year, or such other
earlier deadline as may be established by the Committee in its sole discretion. In
addition, the Committee shall establish from time to time such other enrollment
requirements as it determines, in its
sole 

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	 	 	 	discretion, are necessary. With respect to the First Plan Year, each Director
or selected Employee must complete these requirements within thirty (30) days of the
date on which such Director or Employee becomes eligible to participate in the Plan.
Except as provided in Section 2.2(b) below, with respect to any Plan Year after the
First Plan Year, each Director or selected Employee must complete these requirements
prior to the first day of such Plan Year, or such other earlier deadline as may be
established by the Committee in its sole discretion.
	 
	 	(b)	 	A Director or selected Employee who first becomes eligible to participate in
this Plan after the first day of a Plan Year must complete, execute and return to the
Committee a Plan Agreement, an Election Form, and a Beneficiary Designation Form within
thirty (30) days after he or she first becomes eligible to participate in the Plan, or
within such other earlier deadline as may be established by the Committee, in its sole
discretion, in order to participate for that Plan Year. In such event, such person’s
participation in this Plan shall not commence earlier than the date determined by the
Committee pursuant to Section 2.2(c) and such person shall not be permitted to defer
under this Plan any portion of his or her Base Salary, Bonus, LTIP Amounts and/or
Director Fees that are paid with respect to services performed prior to his or her
participation commencement date, except to the extent permissible under Code Section
409A and related Treasury guidance or Regulations.
	 
	 	(c)	 	Each Director or selected Employee who is eligible to participate in the Plan
shall commence participation in the Plan on the date that the Committee determines, in
its sole discretion, that the Director or Employee has met all enrollment requirements
set forth in this Plan and required by the Committee, including returning all required
documents to the Committee within the specified time period. Notwithstanding the
foregoing, the Committee shall process such Participant’s deferral election as soon as
administratively practicable after such deferral election is submitted to and accepted
by the Committee.
	 
	 	(d)	 	If a Director or an Employee fails to meet all requirements contained in this
Section 2.2 within the period required, that Director or Employee shall not be eligible
to participate in the Plan during such Plan Year.

ARTICLE 3

Deferral Commitments/Company Discretionary Contribution Amounts/

Company Restoration Matching Amounts/ Vesting/Crediting/Taxes

	3.1	 	Minimum Deferrals.

	 	(a)	 	Annual Deferral Amount. For each Plan Year, a Participant may elect to
defer, as his or her Annual Deferral Amount, Base Salary, Bonus, LTIP Amounts and/or
Director Fees in the following minimum amounts for each deferral elected:

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	Deferral	 	Minimum Amount
	Base Salary, Bonus and/or LTIP Amounts
	 	$2,000 aggregate
	Director Fees
	 	$       0

	 	 	 	If the Committee determines, in its sole discretion, prior to the beginning of a Plan
Year that a Participant has made an election for less than the stated minimum
amounts, or if no election is made, the amount deferred shall be zero. If the
Committee determines, in its sole discretion, at any time after the beginning of a
Plan Year that a Participant has deferred less than the stated minimum amounts for
that Plan Year, any amount credited to the Participant’s applicable Annual Account as
the Annual Deferral Amount for that Plan Year shall be distributed to the Participant
within sixty (60) days after the last day of the Plan Year in which the Committee
determination was made.
	 
	 	(b)	 	Short Plan Year. Notwithstanding the foregoing, if a Participant first
becomes a Participant after the first day of a Plan Year, or in the case of the First
Plan Year of the Plan itself, the minimum Annual Deferral Amount shall be an amount
equal to the minimum set forth above, multiplied by a fraction, the numerator of which
is the number of complete months remaining in the Plan Year and the denominator of
which is 12.

	3.2	 	Maximum Deferral.

	 	(a)	 	Annual Deferral Amount. For each Plan Year, a Participant may elect to
defer, as his or her Annual Deferral Amount, Base Salary, Bonus, LTIP Amounts and/or
Director Fees up to the following maximum percentages for each deferral elected:

	 	 	 	 	 
	Deferral	 	Maximum Percentage
	Base Salary
	 	 	80	%
	Bonus
	 	 	100	%
	LTIP Amounts
	 	 	100	%
	Director Fees
	 	 	100	%

	 	(b)	 	Short Plan Year. Notwithstanding the foregoing, if a Participant first
becomes a Participant after the first day of a Plan Year, or in the case of the First
Plan Year of the Plan itself, the maximum Annual Deferral Amount shall be limited to
the amount of compensation not yet earned by the Participant as of the date the
Participant submits a Plan Agreement and Election Form to the Committee for acceptance,
except to the extent permissible under Code Section 409A and related Treasury guidance
or Regulations. For compensation that is earned based upon a specified performance
period, the Participant’s deferral election will apply to the portion of such
compensation that is equal to (i) the total amount of compensation for the performance
period, multiplied by (ii) a fraction, the numerator of which is the number of days
remaining in the service period after the Participant’s deferral election is made, and
the denominator of which is the total number of days in the performance period.

	3.3	 	Election to Defer; Effect of Election Form.

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	 	(a)	 	First Plan Year. In connection with a Participant’s commencement of
participation in the Plan, the Participant shall make an irrevocable deferral election
for the Plan Year in which the Participant commences participation in the Plan, along
with such other elections as the Committee deems necessary or desirable under the Plan.
For these elections to be valid, the Election Form must be completed and signed by the
Participant, timely delivered to the Committee (in accordance with Section 2.2 above)
and accepted by the Committee.
	 
	 	(b)	 	Subsequent Plan Years. For each succeeding Plan Year, a Participant
may elect to defer Base Salary, Bonus, Director Fees and LTIP Amounts, and make such
other elections as the Committee deems necessary or desirable under the Plan by timely
delivering a new Election Form to the Committee, in accordance with its rules and
procedures, before the December 31st preceding the Plan Year in which such compensation
is earned, or before such other deadline established by the Committee in accordance
with the requirements of Code Section 409A and related Treasury guidance or
Regulations.
	 
	 	 	 	Any deferral election(s) made in accordance with this Section 3.3(b) shall be
irrevocable; provided, however, that if the Committee requires Participants to make a
deferral election for “performance-based compensation” by the deadline(s) described
above, it may, in its sole discretion, and in accordance with Code Section 409A and
related Treasury guidance or Regulations, permit a Participant to subsequently change
his or her deferral election for such compensation by submitting an Election Form to
the Committee no later than the deadline established by the Committee pursuant to
Section 3.3(c) below.
	 
	 	(c)	 	Performance-Based Compensation. Notwithstanding the foregoing, the
Committee may, in its sole discretion, determine that an irrevocable deferral election
pertaining to “performance-based compensation” based on services performed over a
period of at least twelve (12) months, may be made by timely delivering an Election
Form to the Committee, in accordance with its rules and procedures, no later than six
(6) months before the end of the performance service period. “Performance-based
compensation” shall be compensation, the payment or amount of which is contingent on
pre-established organizational or individual performance criteria, which satisfies the
requirements of Code Section 409A and related Treasury guidance or Regulations. In
order to be eligible to make a deferral election for performance-based compensation, a
Participant must perform services continuously from a date no later than the date upon
which the performance criteria for such compensation are established through the date
upon which the Participant makes a deferral election for such compensation. In no
event shall an election to defer performance-based compensation be permitted after such
compensation has become both substantially certain to be paid and readily
ascertainable.
	 
	 	(d)	 	Compensation Subject to Risk of Forfeiture. With respect to
compensation (i) to which a Participant has a legally binding right to payment in a
subsequent year, and (ii) that is subject to a forfeiture condition requiring the
Participant’s continued services for a period of at least twelve (12) months from the
date the Participant obtains the legally binding right, the Committee may, in its sole
discretion,

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	 	 	 	 determine that an irrevocable deferral election for such compensation may be made by timely delivering an Election
Form to the Committee in accordance with its rules and procedures, no later than the
30th day after the Participant obtains the legally binding right to the compensation,
provided that the election is made at least twelve (12) months in advance of the
earliest date at which the forfeiture condition could lapse.

	3.4	 	Withholding and Crediting of Annual Deferral Amounts. For each Plan Year, the Base
Salary portion of the Annual Deferral Amount shall be withheld from each regularly scheduled
Base Salary payroll in equal amounts, as adjusted from time to time for increases and
decreases in Base Salary. The Bonus, LTIP Amounts and/or Director Fee portion of the Annual
Deferral Amount shall be withheld at the time the Bonus, LTIP Amounts or Director Fees are or
otherwise would be paid to the Participant, whether or not this occurs during the Plan Year
itself. Annual Deferral Amounts shall be credited to the Participant’s Annual Account for
such Plan Year at the time such amounts would otherwise have been paid to the Participant.
	 
	3.5	 	Company Discretionary Contribution Amount.

	 	(a)	 	For each Plan Year, an Employer may be required to credit amounts to a
Participant’s Annual Account in accordance with employment or other agreements entered
into between the Participant and the Employer, which amounts shall be part of the
Participant’s Company Discretionary Contribution Amount for that Plan Year. Such
amounts shall be credited to the Participant’s Annual Account for the applicable Plan
Year on the date or dates prescribed by such agreements.
	 
	 	(b)	 	For each Plan Year, an Employer, in its sole discretion, may, but is not
required to, credit any amount it desires to any Participant’s Annual Account under
this Plan, which amount shall be part of the Participant’s Company Discretionary
Contribution Amount for that Plan Year. The amount so credited to a Participant may be
smaller or larger than the amount credited to any other Participant, and the amount
credited to any Participant for a Plan Year may be zero, even though one or more other
Participants receive a Company Discretionary Contribution Amount for that Plan Year.
The Company Discretionary Contribution Amount described in this Section 3.5(b), if any,
shall be credited to the Participant’s Annual Account for the applicable Plan Year on a
date or dates to be determined by the Committee, in its sole discretion.

	3.6	 	Company Restoration Matching Amount.

	 	(a)	 	For each Plan Year, a Participant’s Company Restoration Matching Amount shall
include an amount determined by the Committee, in its sole discretion, to make up for
certain limits applicable to the 401(k) Plan or other qualified plan for such Plan
Year, as identified by the Committee, or for such other purposes as determined by the
Committee in its sole discretion. The amount so credited to a Participant under this
Plan for any Plan Year (i) may be smaller or larger than the amount credited to any
other Participant, and (ii) may differ from the amount credited to such Participant in
the preceding Plan Year.
	 
	 	(b)	 	In addition, an Employer may, but is not required to, credit to a Participant’s
Annual Account an amount equal to 50% of the first 6% of 

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	 	 	 	the Participant’s deferrals of
Base Salary and Bonus for the Plan Year to which the Participant’s deferral election
described in Section 3.3 relates, as determined by the Committee in its sole
discretion, which amount shall be part of the Participant’s Company Restoration
Matching Contribution Amount for that Plan Year. The amount so credited to a
Participant for any Plan Year (i) may be smaller or larger than the amount credited to
any other Participant, and (ii) may differ from the amount credited to such Participant
in the preceding Plan Year.
	 
	 	(c)	 	The Participant’s Company Restoration Matching Amount, if any, shall be
credited to the Participant’s Annual Account for the applicable Plan Year on a date or
dates to be determined by the Committee, in its sole discretion.

	3.7	 	Crediting of Amounts after Benefit Distribution. Notwithstanding any provision in
this Plan to the contrary, should the complete distribution of a Participant’s vested Account
Balance occur prior to the date on which any portion of (i) the Annual Deferral Amount that a
Participant has elected to defer in accordance with Section 3.3, (ii) the Company
Discretionary Contribution Amount, or (iii) the Company Restoration Matching Amount, would
otherwise be credited to the Participant’s Account Balance, such amounts shall not be credited
to the Participant’s Account Balance, but shall be paid to the Participant in a manner
determined by the Committee, in its sole discretion.

	3.8	 	Vesting.

	 	(a)	 	A Participant shall at all times be 100% vested in his or her deferrals of Base
Salary, Bonus, LTIP Amounts and Director’s Fees.
	 
	 	(b)	 	A Participant shall be vested in the portion of his or her Account Balance
attributable to any Company Discretionary Contribution Amounts, plus amounts credited
or debited on such amounts (pursuant to Section 3.9), in accordance with the vesting
schedule(s) set forth in his or her Plan Agreement, employment agreement or any other
agreement entered into between the Participant and his or her Employer. If not
addressed in such agreements, a Participant shall vest in the portion of his or her
Account Balance attributable to any Company Discretionary Contribution Amounts, plus
amounts credited or debited on such amounts (pursuant to Section 3.9), in accordance
with the following schedule:

	 	 	 	 	 
	Years of Service	 	Vested Percentage
	Less than 5 years
	 	 	0	%
	5 years or more
	 	 	100	%

	 	(c)	 	A Participant shall be vested in the portion of his or her Account Balance
attributable to any Company Restoration Matching Amounts, plus amounts credited or
debited on such amounts (pursuant to Section 3.9), only to the extent that the
Participant would be vested in such amounts under the provisions of the 401(k) Plan, as
determined by the Committee in its sole discretion.

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	 	(d)	 	Notwithstanding anything to the contrary contained in this Section 3.8, in the
event of a Change in Control, or upon a Participant’s Retirement, death while employed
by an Employer, or Disability, any amounts that are not vested in accordance with
Sections 3.8(b) or 3.8(c) above, shall immediately become 100% vested (if not already
vested in accordance with the above vesting schedules).
	 
	 	(e)	 	Notwithstanding subsection 3.8(d) above, the vesting schedules described in
Sections 3.8(b) and 3.8(c) shall not be accelerated upon a Change in Control to the
extent that the Committee determines that such acceleration would cause the deduction
limitations of Section 280G of the Code to become effective. In the event of such a
determination, the Participant may request independent verification of the Committee’s
calculations with respect to the application of Section 280G. In such case, the
Committee must provide to the Participant within ninety (90) days of such a request an
opinion from a nationally recognized accounting firm selected by the Participant (the
“Accounting Firm”). The opinion shall state the Accounting Firm’s opinion that any
limitation in the vested percentage hereunder is necessary to avoid the limits of
Section 280G and contain supporting calculations. The cost of such opinion shall be
paid for by the Company.
	 
	 	(f)	 	Section 3.8(e) shall not prevent the acceleration of the vesting schedules
described in Sections 3.8(b) and 3.8(c) if such Participant is entitled to a “gross-up”
payment, to eliminate the effect of the Code Section 4999 excise tax, pursuant to his
or her employment agreement or other agreement entered into between such Participant
and the Employer.

	3.9	 	Crediting/Debiting of Account Balances. In accordance with, and subject to, the
rules and procedures that are established from time to time by the Committee, in its sole
discretion, amounts shall be credited or debited to a Participant’s Account Balance in
accordance with the following rules:

	 	(a)	 	Measurement Funds. The Participant may elect one or more of the
measurement funds selected by the Committee, in its sole discretion, which are based on
certain mutual funds (the “Measurement Funds”), for the purpose of crediting or
debiting additional amounts to his or her Account Balance. As necessary, the Committee
may, in its sole discretion, discontinue, substitute or add a Measurement Fund. Each
such action will take effect as of the first day of the first calendar quarter that
begins at least thirty (30) days after the day on which the Committee gives
Participants advance written notice of such change.
	 
	 	(b)	 	Election of Measurement Funds. A Participant, in connection with his
or her initial deferral election in accordance with Section 3.3(a) above, shall elect,
on the Election Form, one or more Measurement Fund(s) (as described in Section 3.9(a)
above) to be used to determine the amounts to be credited or debited to his or her
Account Balance. If a Participant does not elect any of the Measurement Funds as
described in the previous sentence, the Participant’s Account Balance shall
automatically be allocated into the lowest-risk Measurement Fund, as determined by the
Committee, in its sole discretion. The Participant may (but is not required to) elect,
by submitting an Election Form to the Committee that is accepted by the Committee, to
add or delete one or more Measurement

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	 	 	 	Fund(s) to be used to determine the amounts to be credited or debited to his or her
Account Balance, or to change the portion of his or her Account Balance allocated to
each previously or newly elected Measurement Fund. If an election is made in
accordance with the previous sentence, it shall apply as of the first business day
deemed reasonably practicable by the Committee, in its sole discretion, and shall
continue thereafter for each subsequent day in which the Participant participates in
the Plan, unless changed in accordance with the previous sentence. Notwithstanding
the foregoing, the Committee, in its sole discretion, may impose limitations on the
frequency with which one or more of the Measurement Funds elected in accordance with
this Section 3.9(b) may be added or deleted by such Participant; furthermore, the
Committee, in its sole discretion, may impose limitations on the frequency with which
the Participant may change the portion of his or her Account Balance allocated to
each previously or newly elected Measurement Fund.
	 
	 	(c)	 	Proportionate Allocation. In making any election described in Section
3.9(b) above, the Participant shall specify on the Election Form, in increments of one
percent (1%), the percentage of his or her Account Balance or Measurement Fund, as
applicable, to be allocated/reallocated.
	 
	 	(d)	 	Crediting or Debiting Method. The performance of each Measurement Fund
(either positive or negative) will be determined on a daily basis based on the manner
in which such Participant’s Account Balance has been hypothetically allocated among the
Measurement Funds by the Participant.
	 
	 	(e)	 	No Actual Investment. Notwithstanding any other provision of this Plan
that may be interpreted to the contrary, the Measurement Funds are to be used for
measurement purposes only, and a Participant’s election of any such Measurement Fund,
the allocation of his or her Account Balance thereto, the calculation of additional
amounts and the crediting or debiting of such amounts to a Participant’s Account
Balance shall not be considered or construed in any manner as an actual investment of
his or her Account Balance in any such Measurement Fund. In the event that the Company
or the Trustee (as that term is defined in the Trust), in its own discretion, decides
to invest funds in any or all of the investments on which the Measurement Funds are
based, no Participant shall have any rights in or to such investments themselves.
Without limiting the foregoing, a Participant’s Account Balance shall at all times be a
bookkeeping entry only and shall not represent any investment made on his or her behalf
by the Company or the Trust; the Participant shall at all times remain an unsecured
creditor of the Company.

	3.10	 	FICA and Other Taxes.

	 	(a)	 	Annual Deferral Amounts. For each Plan Year in which an Annual
Deferral Amount is being withheld from a Participant, the Participant’s Employer(s)
shall withhold from that portion of the Participant’s Base Salary, Bonus and/or LTIP
Amounts that is not being deferred, in a manner determined by the Employer(s), the
Participant’s share of FICA and other employment taxes on such Annual Deferral Amount.
If necessary, the Committee may reduce the Annual Deferral Amount in order to comply
with this Section 3.10.

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	 	(b)	 	Company Restoration Matching Amounts and Company Discretionary Contribution
Amounts. When a Participant becomes vested in a portion of his or her Account
Balance attributable to any Company Restoration Matching Amounts and/or Company
Discretionary Contribution Amounts, the Participant’s Employer(s) shall withhold from
that portion of the Participant’s Base Salary, Bonus and/or LTIP Amounts that is not
deferred, in a manner determined by the Employer(s), the Participant’s share of FICA
and other employment taxes on such amounts. If necessary, the Committee may reduce the
vested portion of the Participant’s Company Restoration Matching Amount or Company
Discretionary Contribution Amount, as applicable, in order to comply with this Section
3.10.
	 
	 	(c)	 	Distributions. The Participant’s Employer(s), or the trustee of the
Trust, shall withhold from any payments made to a Participant under this Plan all
federal, state and local income, employment and other taxes required to be withheld by
the Employer(s), or the trustee of the Trust, in connection with such payments, in
amounts and in a manner to be determined in the sole discretion of the Employer(s) and
the trustee of the Trust.

ARTICLE 4

Scheduled Distribution; Unforeseeable Emergencies 

	4.1	 	Scheduled Distribution. In connection with each election to defer an Annual Deferral
Amount, a Participant may irrevocably elect to receive a Scheduled Distribution, in the form
of a lump sum payment, from the Plan with respect to all or a portion of the Annual Deferral
Amount. The Scheduled Distribution shall be a lump sum payment in an amount that is equal to
the portion of the Annual Deferral Amount the Participant elected to have distributed as a
Scheduled Distribution, plus amounts credited or debited in the manner provided in Section 3.9
above on that amount, calculated as of the close of business on or around the date on which
the Scheduled Distribution becomes payable, as determined by the Committee in its sole
discretion. Subject to the other terms and conditions of this Plan, each Scheduled
Distribution elected shall be paid out during a sixty (60) day period commencing immediately
after the first day of any Plan Year designated by the Participant (the “Scheduled
Distribution Date”). The Plan Year designated by the Participant must be at least three (3)
Plan Years after the end of the Plan Year to which the Participant’s deferral election
described in Section 3.3 relates, unless otherwise provided on an Election Form approved by
the Committee in its sole discretion. By way of example, if a Scheduled Distribution is
elected for the Annual Deferral Amounts that are earned in the Plan Year commencing January 1,
2007, the earliest Scheduled Distribution Date that may be designated by a Participant would
be January 1, 2011, and the Scheduled Distribution would become payable during the sixty (60)
day period commencing immediately after such Scheduled Distribution Date.
	 
	4.2	 	Postponing Scheduled Distributions. A Participant may elect to postpone a Scheduled
Distribution described in Section 4.1 above, and have such amount paid out during a sixty (60)
day period commencing immediately after an allowable alternative distribution date designated
by the Participant in accordance with this Section 4.2. In order to make this election, the
Participant must submit a new Scheduled Distribution Election Form to the Committee in
accordance with the following criteria:

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	 	(a)	 	Such Scheduled Distribution Election Form must be submitted to and accepted by
the Committee in its sole discretion at least twelve (12) months prior to the
Participant’s previously designated Scheduled Distribution Date;
	 
	 	(b)	 	The new Scheduled Distribution Date selected by the Participant must be the
first day of a Plan Year, and must be at least five years after the previously
designated Scheduled Distribution Date; and
	 
	 	(c)	 	The election of the new Scheduled Distribution Date shall have no effect until
at least twelve (12) months after the date on which the election is made.

	4.3	 	Other Benefits Take Precedence Over Scheduled Distributions. Should a Benefit
Distribution Date occur that triggers a benefit under Articles 5, 6, 7, 8 or 9, any Annual
Deferral Amount that is subject to a Scheduled Distribution election under Section 4.1 shall
not be paid in accordance with Section 4.1, but shall be paid in accordance with the other
applicable Article. Notwithstanding the foregoing, the Committee shall interpret this Section
4.3 in a manner that is consistent with Code Section 409A and related Treasury guidance and
Regulations.

	4.4	 	Unforeseeable Emergencies.

	 	(a)	 	If the Participant experiences an Unforeseeable Emergency, the Participant may
petition the Committee to receive a partial or full payout from the Plan, subject to
the provisions set forth below.
	 
	 	(b)	 	The payout, if any, from the Plan shall not exceed the lesser of (i) the
Participant’s vested Account Balance, calculated as of the close of business on or
around the date on which the amount becomes payable, as determined by the Committee in
its sole discretion, or (ii) the amount necessary to satisfy the Unforeseeable
Emergency, plus amounts necessary to pay Federal, state, or local income taxes or
penalties reasonably anticipated as a result of the distribution. Notwithstanding the
foregoing, a Participant may not receive a payout from the Plan to the extent that the
Unforeseeable Emergency is or may be relieved (A) through reimbursement or compensation
by insurance or otherwise, (B) by liquidation of the Participant’s assets, to the
extent the liquidation of such assets would not itself cause severe financial hardship
or (C) by cessation of deferrals under this Plan.
	 
	 	(c)	 	If the Committee, in its sole discretion, approves a Participant’s petition for
payout from the Plan, the Participant shall receive a payout from the Plan within sixty
(60) days of the date of such approval, and the Participant’s deferrals under the Plan
shall be terminated as of the date of such approval.
	 
	 	(d)	 	In addition, a Participant’s deferral elections under this Plan shall be
terminated to the extent the Committee determines, in its sole discretion, that
termination of such Participant’s deferral elections is required pursuant to Treas.
Reg. §1.401(k)-1(d)(3) for the Participant to obtain a hardship distribution from an
Employer’s 401(k) Plan. If the Committee determines, in its sole discretion, that a
termination of the Participant’s deferrals is required in accordance with the preceding
sentence, the Participant’s deferrals
shall be terminated as soon as administratively practicable following the date on
which such determination is made.

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	 	(e)	 	Notwithstanding the foregoing, the Committee shall interpret all provisions
relating to a payout and/or termination of deferrals under this Section 4.4 in a manner
that is consistent with Code Section 409A and related Treasury guidance and
Regulations.

ARTICLE 5

Change in Control Benefit 

	5.1	 	Change in Control Benefit. A Participant, in connection with his or her commencement
of participation in the Plan, shall irrevocably elect on an Election Form whether to (i)
receive a Change in Control Benefit upon the occurrence of a Change in Control, which shall be
equal to the Participant’s vested Account Balance, calculated as of the close of business on
or around the Participant’s Benefit Distribution Date, as determined by the Committee in its
sole discretion, or (ii) to have his or her Account Balance remain in the Plan upon the
occurrence of a Change in Control and to have his or her Account Balance remain subject to the
terms and conditions of the Plan. If a Participant does not make any election with respect to
the payment of the Change in Control Benefit, then such Participant’s Account Balance shall
remain in the Plan upon a Change in Control and shall be subject to the terms and conditions
of the Plan.
	 
	5.2	 	Payment of Change in Control Benefit. The Change in Control Benefit, if any, shall
be paid to the Participant in a lump sum no later than sixty (60) days after the Participant’s
Benefit Distribution Date. Notwithstanding the foregoing, the Committee shall interpret all
provisions in this Plan relating to a Change in Control Benefit in a manner that is consistent
with Code Section 409A and related Treasury guidance and Regulations.

ARTICLE 6

Retirement Benefit

	6.1	 	Retirement Benefit. A Participant who Retires shall receive, as a Retirement
Benefit, his or her vested Account Balance, calculated as of the close of business on or
around the Participant’s Benefit Distribution Date, as determined by the Committee in its sole
discretion.

	6.2	 	Payment of Retirement Benefit.

	 	(a)	 	In connection with a Participant’s election to defer an Annual Deferral Amount,
the Participant shall elect the form in which his or her Annual Account for such Plan
Year will be paid. The Participant may elect to receive each Annual Account in the
form of a lump sum or pursuant to an Annual Installment Method of up to fifteen (15)
years. If a Participant does not make any election with respect to the payment of an
Annual Account, then the Participant shall be deemed to have elected to receive such
Annual Account as a lump sum.
	 
	 	(b)	 	A Participant may change the form of payment for an Annual Account by
submitting an Election Form to the Committee in accordance with the following criteria:

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	 	(i)	 	The election to modify the form of payment for such Annual
Account shall have no effect until at least twelve (12) months after the date on
which the election is made; and
	 
	 	(ii)	 	The first payment related to such Annual Account shall be delayed
at least five (5) years from the originally scheduled Benefit Distribution Date
for such Annual Account, as described in Section 1.9(a).

For purposes of applying the requirements above, the right to receive an Annual
Account in installment payments shall be treated as the entitlement to a single
payment. The Committee shall interpret all provisions relating to an election
described in this Section 6.2 in a manner that is consistent with Code Section 409A
and related Treasury guidance or Regulations.

The Election Form most recently accepted by the Committee that has become effective
shall govern the payout of the applicable Annual Account.

	 	(c)	 	The lump sum payment shall be made, or installment payments shall commence, no
later than sixty (60) days after the Benefit Distribution Date. Remaining
installments, if any, shall continue in accordance with the Participant’s election for
each Annual Account and shall be paid no later than sixty (60) days after each
anniversary of the Benefit Distribution Date. Notwithstanding any provision to the
contrary in the Plan, in a Plan Agreement, or in an election form, the Plan (i) shall
not commence distribution of a Retirement Benefit to a Specified Employee due to
separation from service (other than due to death) until six (6) months or more
following such separation from service, and (ii) shall pay any installment amounts that
would otherwise be payable during such six-month period in a lump sum as soon as
practicable after the end of such period.

ARTICLE 7

Termination Benefit

	7.1	 	Termination Benefit. A Participant who experiences a Termination of Employment shall
receive, as a Termination Benefit, his or her vested Account Balance, calculated as of the
close of business on or around the Participant’s Benefit Distribution Date, as determined by
the Committee in its sole discretion.

	7.2	 	Payment of Termination Benefit. The Termination Benefit shall be paid to the
Participant in a lump sum payment no later than sixty (60) days after the Participant’s
Benefit Distribution Date; provided, however, that notwithstanding any provision to the
contrary in the Plan, in a Plan Agreement, or in an election form, the Plan shall not commence
distribution of a Termination Benefit to a Specified Employee due to separation from service
(other than due to death) until six (6) months or more following such separation from service.

ARTICLE 8

Disability Benefit

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	8.1	 	Disability Benefit. Upon a Participant’s Disability, the Participant shall receive a
Disability Benefit, which shall be equal to the Participant’s vested Account Balance,
calculated as of the close of business on or around the Participant’s Benefit Distribution
Date, as selected by the Committee in its sole discretion.
	 
	8.2	 	Payment of Disability Benefit. The Disability Benefit shall be paid to the
Participant in a lump sum payment no later than sixty (60) days after the Participant’s
Benefit Distribution Date.

ARTICLE 9

Death Benefit

	9.1	 	Death Benefit. The Participant’s Beneficiary(ies) shall receive a Death Benefit upon
the Participant’s death which will be equal to the Participant’s vested Account Balance,
calculated as of the close of business on or around the Participant’s Benefit Distribution
Date, as selected by the Committee in its sole discretion.
	 
	9.2	 	Payment of Death Benefit. The Death Benefit shall be paid to the Participant’s
Beneficiary(ies) in a lump sum payment no later than sixty (60) days after the Participant’s
Benefit Distribution Date.

ARTICLE 10

Beneficiary Designation

	10.1	 	Beneficiary. Each Participant shall have the right, at any time, to designate his or
her Beneficiary(ies) (both primary as well as contingent) to receive any benefits payable
under the Plan to a beneficiary upon the death of a Participant. The Beneficiary designated
under this Plan may be the same as or different from the Beneficiary designation under any
other plan of an Employer in which the Participant participates.

	10.2	 	Beneficiary Designation; Change; Spousal Consent. A Participant shall designate his
or her Beneficiary by completing and signing the Beneficiary Designation Form, and returning
it to the Committee or its designated agent. A Participant shall have the right to change a
Beneficiary by completing, signing and otherwise complying with the terms of the Beneficiary
Designation Form and the Committee’s rules and procedures, as in effect from time to time. If
the Participant names someone other than his or her spouse as a Beneficiary, the Committee
may, in its sole discretion, determine that spousal consent is required to be provided in a
form designated by the Committee, executed by such Participant’s spouse and returned to the
Committee. Upon the acceptance by the Committee of a new Beneficiary Designation Form, all
Beneficiary designations previously filed shall be canceled. The Committee shall be entitled
to rely on the last Beneficiary Designation Form filed by the Participant and accepted by the
Committee prior to his or her death.

	10.3	 	Acknowledgment. No designation or change in designation of a Beneficiary shall be
effective until received and acknowledged in writing by the Committee or its designated agent.

	10.4	 	No Beneficiary Designation. If a Participant fails to designate a Beneficiary as
provided in Sections 10.1, 10.2, and 10.3 above or, if all 

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	 	 	designated Beneficiaries predecease
the Participant or die prior to complete distribution of the Participant’s benefits, then the Participant’s
designated Beneficiary shall be deemed to be his or her surviving spouse. If the
Participant has no surviving spouse, the benefits remaining under the Plan to be paid to a
Beneficiary shall be payable to the executor or personal representative of the Participant’s
estate.

	10.5	 	Doubt as to Beneficiary. If the Committee has any doubt as to the proper Beneficiary
to receive payments pursuant to this Plan, the Committee shall have the right, exercisable in
its discretion, to cause the Participant’s Employer to withhold such payments until this
matter is resolved to the Committee’s satisfaction.

	10.6	 	Discharge of Obligations. The payment of benefits under the Plan to a Beneficiary
shall fully and completely discharge all Employers and the Committee from all further
obligations under this Plan with respect to the Participant, and that Participant’s Plan
Agreement shall terminate upon such full payment of benefits.

ARTICLE 11

Leave of Absence

	11.1	 	Paid Leave of Absence. If a Participant is authorized by the Participant’s Employer
to take a paid leave of absence from the employment of the Employer, and such leave of absence
does not constitute a separation from service, as determined by the Committee in accordance
with Code Section 409A and related Treasury guidance and Regulations, (i) the Participant
shall continue to be considered eligible for the benefits provided in Articles 4, 5, 6, 7, 8
or 9 in accordance with the provisions of those Articles, and (ii) the Annual Deferral Amount
shall continue to be withheld during such paid leave of absence in accordance with Section
3.3.

	11.2	 	Unpaid Leave of Absence. If a Participant is authorized by the Participant’s
Employer to take an unpaid leave of absence from the employment of the Employer for any
reason, and such leave of absence does not constitute a separation from service, as determined
by the Committee in accordance with Code Section 409A and related Treasury guidance and
Regulations, such Participant shall continue to be eligible for the benefits provided in
Articles 4, 5, 6, 7, 8 or 9 in accordance with the provisions of those Articles. However, the
Participant shall be excused from fulfilling his or her Annual Deferral Amount commitment that
would otherwise have been withheld during the remainder of the Plan Year in which the unpaid
leave of absence is taken. During the unpaid leave of absence, the Participant shall not be
allowed to make any additional deferral elections. However, if the Participant returns to
employment, the Participant may elect to defer an Annual Deferral Amount for the Plan Year
following his or her return to employment and for every Plan Year thereafter while a
Participant in the Plan, provided such deferral elections are otherwise allowed and an
Election Form is delivered to and accepted by the Committee for each such election in
accordance with Section 3.3 above.

	11.3	 	Leaves Resulting in Separation from Service. In the event that a Participant’s leave
of absence from his or her Employer constitutes a separation from service, as determined by
the Committee in accordance with Code Section 409A and related Treasury guidance and
Regulations, the Participant’s vested Account Balance shall be distributed to the Participant
in accordance with Article 6 or 7 of this Plan, as applicable.

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ARTICLE 12

Termination of Plan, Amendment or Modification

	12.1	 	Termination of Plan. Although the Company anticipates that it will continue the Plan
for an indefinite period of time, there is no guarantee that the Company will continue the
Plan or will not terminate the Plan at any time in the future. Accordingly, the Company
reserves the right to Terminate the Plan. In the event of a Termination of the Plan, the
Measurement Funds available to Participants following the Termination of the Plan shall be
comparable in number and type to those Measurement Funds available to Participants in the Plan
Year preceding the Plan Year in which the Termination of the Plan is effective. Following a
Termination of the Plan, Participant Account Balances shall remain in the Plan until the
Participant becomes eligible for the benefits provided in Articles 4, 5, 6, 7, 8 or 9 in
accordance with the provisions of those Articles. The Termination of the Plan shall not
adversely affect any Participant or Beneficiary who has become entitled to the payment of any
benefits under the Plan as of the date of termination. Notwithstanding the foregoing, to the
extent permissible under Code Section 409A and related Treasury guidance or Regulations,
during the thirty (30) days preceding or within twelve (12) months following a Change in
Control, the Company shall be permitted to (i) terminate the Plan by action of its board of
directors, and (ii) distribute the vested Account Balances to Participants in a lump sum no
later than twelve (12) months after the Change in Control, provided that all other
substantially similar arrangements sponsored by the Company are also terminated and all
balances in such arrangements are distributed within twelve (12) months of the termination of
such arrangements.

	12.2	 	Amendment.

	 	(a)	 	The Company may, at any time, amend or modify the Plan in whole or in part.
Notwithstanding the foregoing, no amendment or modification shall be effective to
decrease the value of a Participant’s vested Account Balance in existence at the time
the amendment or modification is made.
	 
	 	(b)	 	Notwithstanding any provision of the Plan to the contrary, in the event that
the Company determines that any provision of the Plan may cause amounts deferred under
the Plan to become immediately taxable to any Participant under Code Section 409A and
related Treasury guidance or Regulations, the Company may (i) adopt such amendments to
the Plan and appropriate policies and procedures, including amendments and policies
with retroactive effect, that the Company determines necessary or appropriate to
preserve the intended tax treatment of the Plan benefits provided by the Plan and/or
(ii) take such other actions as the Company determines necessary or appropriate to
comply with the requirements of Code Section 409A and related Treasury guidance or
Regulations.

	12.3	 	Plan Agreement. Despite the provisions of Sections 12.1 and 12.2 above, if a
Participant’s Plan Agreement contains other benefits or limitations that are not in this Plan
document, the employer may only amend or terminate such other provisions with the written
consent of the Participant.

	12.4	 	Effect of Payment. The full payment of the Participant’s vested Account Balance
under Articles 4, 5, 6, 7, 8, or 9 of the Plan shall completely discharge all obligations to a
Participant and his or her designated Beneficiaries under this Plan, and, to the extent related thereto, the
Participant’s Plan Agreement shall terminate.

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ARTICLE 13

Administration

	13.1	 	Committee Duties. Except as otherwise provided in this Article 13, this Plan shall
be administered by a Committee, which shall consist of the Board, or such committee as the
Board shall appoint. Members of the Committee may be Participants under this Plan. The
Committee shall also have the discretion and authority to (i) make, amend, interpret, and
enforce all appropriate rules and regulations for the administration of this Plan, and (ii)
decide or resolve any and all questions, including benefit entitlement determinations and
interpretations of this Plan, as may arise in connection with the Plan. Any individual
serving on the Committee who is a Participant shall not vote or act on any matter relating
solely to himself or herself. When making a determination or calculation, the Committee shall
be entitled to rely on information furnished by a Participant or the Company.

	13.2	 	Administration Upon Change In Control. Within one hundred and twenty (120) days
following a Change in Control, the individuals who comprised the Committee immediately prior
to the Change in Control (whether or not such individuals are members of the Committee
following the Change in Control) may, by written consent of the majority of such individuals,
appoint an independent third party administrator (the “Administrator”) to perform any or all
of the Committee’s duties described in Section 13.1 above, including without limitation, the
power to determine any questions arising in connection with the administration or
interpretation of the Plan, and the power to make benefit entitlement determinations. Upon
and after the effective date of such appointment, (i) the Company must pay all reasonable
administrative expenses and fees of the Administrator, and (ii) the Administrator may only be
terminated with the written consent of the majority of Participants with an Account Balance in
the Plan as of the date of such proposed termination.

	13.3	 	Agents. In the administration of this Plan, the Committee or the Administrator, as
applicable, may, from time to time, employ agents and delegate to them such administrative
duties as it sees fit (including acting through a duly appointed representative) and may from
time to time consult with counsel.

	13.4	 	Binding Effect of Decisions. The decision or action of the Committee or
Administrator, as applicable, with respect to any question arising out of or in connection
with the administration, interpretation and application of the Plan, including related factual
and legal determinations, and the rules and regulations promulgated hereunder shall be final
and conclusive and binding upon all persons having any interest in the Plan.

	13.5	 	Indemnity of Committee. All Employers shall indemnify and hold harmless the members
of the Committee, any Employee to whom the duties of the Committee may be delegated, and the
Administrator against any and all claims, losses, damages, expenses or liabilities arising
from any action or failure to act with respect to this Plan, except in the case of willful
misconduct by the Committee, any of its members, any such Employee or the Administrator.

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	13.6	 	Employer Information. To enable the Committee and/or Administrator to perform its
functions, the Company and each Employer shall supply full and timely information to the
Committee and/or Administrator, as the case may be, on all matters relating to the Plan, the
Trust, the Participants and their Beneficiaries, the Account Balances of the Participants, the
compensation of its Participants, the date and circumstances of the Retirement, Disability,
death or Termination of Employment of its Participants, and such other pertinent information
as the Committee or Administrator may reasonably require.

ARTICLE 14

Other Benefits and Agreements

	14.1	 	Coordination with Other Benefits. The benefits provided for a Participant and
Participant’s Beneficiary under the Plan are in addition to any other benefits available to
such Participant under any other plan or program for employees of the Participant’s Employer.
The Plan shall supplement and shall not supersede, modify or amend any other such plan or
program except as may otherwise be expressly provided.

ARTICLE 15

Claims Procedures

	15.1	 	Presentation of Claim. Any Participant or Beneficiary of a deceased Participant
(such Participant or Beneficiary being referred to below as a “Claimant”) may deliver to the
Committee a written claim for a determination with respect to the amounts distributable to
such Claimant from the Plan. If such a claim relates to the contents of a notice received by
the Claimant, the claim must be made within sixty (60) days after such notice was received by
the Claimant. All other claims must be made within 180 days of the date on which the event
that caused the claim to arise occurred. The claim must state with particularity the
determination desired by the Claimant.

	15.2	 	Notification of Decision. The Committee shall consider a Claimant’s claim within a
reasonable time, but no later than ninety (90) days after receiving the claim. If the
Committee determines that special circumstances require an extension of time for processing
the claim, written notice of the extension shall be furnished to the Claimant prior to the
termination of the initial ninety (90) day period. In no event shall such extension exceed a
period of ninety (90) days from the end of the initial period. The extension notice shall
indicate the special circumstances requiring an extension of time and the date by which the
Committee expects to render the benefit determination. The Committee shall notify the
Claimant in writing:

	 	(a)	 	that the Claimant’s requested determination has been made, and that the claim
has been allowed in full; or
	 
	 	(b)	 	that the Committee has reached a conclusion contrary, in whole or in part, to
the Claimant’s requested determination, and such notice must set forth in a manner
calculated to be understood by the Claimant:

	 	(i)	 	the specific reason(s) for the denial of the claim, or any part
of it;

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	 	(ii)	 	specific reference(s) to pertinent provisions of the Plan upon
which such denial was based;
	 
	 	(iii)	 	a description of any additional material or information
necessary for the Claimant to perfect the claim, and an explanation of why such
material or information is necessary;
	 
	 	(iv)	 	an explanation of the claim review procedure set forth in Section
15.3 below; and
	 
	 	(v)	 	a statement of the Claimant’s right to bring a civil action under
ERISA Section 502(a) following an adverse benefit determination on review.

	15.3	 	Review of a Denied Claim. On or before sixty (60) days after receiving a notice from
the Committee that a claim has been denied, in whole or in part, a Claimant (or the Claimant’s
duly authorized representative) may file with the Committee a written request for a review of
the denial of the claim. The Claimant (or the Claimant’s duly authorized representative):

	 	(a)	 	may, upon request and free of charge, have reasonable access to, and copies of,
all documents, records and other information relevant (as defined in applicable ERISA
regulations) to the claim for benefits;
	 
	 	(b)	 	may submit written comments or other documents; and/or
	 
	 	(c)	 	may request a hearing, which the Committee, in its sole discretion, may grant.

	15.4	 	Decision on Review. The Committee shall render its decision on review promptly, and
no later than sixty (60) days after the Committee receives the Claimant’s written request for
a review of the denial of the claim. If the Committee determines that special circumstances
require an extension of time for processing the claim, written notice of the extension shall
be furnished to the Claimant prior to the termination of the initial sixty (60) day period.
In no event shall such extension exceed a period of sixty (60) days from the end of the
initial period. The extension notice shall indicate the special circumstances requiring an
extension of time and the date by which the Committee expects to render the benefit
determination. In rendering its decision, the Committee shall take into account all comments,
documents, records and other information submitted by the Claimant relating to the claim,
without regard to whether such information was submitted or considered in the initial benefit
determination. The decision must be written in a manner calculated to be understood by the
Claimant, and it must contain:

	 	(a)	 	specific reasons for the decision;
	 
	 	(b)	 	specific reference(s) to the pertinent Plan provisions upon which the decision
was based;
	 
	 	(c)	 	a statement that the Claimant is entitled to receive, upon request and free of
charge, reasonable access to and copies of, all documents, records and other
information relevant (as defined in applicable ERISA regulations) to the Claimant’s
claim for benefits; and
	 
	 	(d)	 	a statement of the Claimant’s right to bring a civil action under ERISA Section
502(a).

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	15.5	 	Legal Action. A Claimant’s compliance with the foregoing provisions of this Article
15 is a mandatory prerequisite to a Claimant’s right to commence any legal action with respect
to any claim for benefits under this Plan.

ARTICLE 16

Trust

	16.1	 	Establishment of the Trust. In order to provide assets from which to fulfill its
obligations to the Participants and their Beneficiaries under the Plan, the Company may
establish a trust by a trust agreement with a third party, the trustee, to which each Employer
may, in its discretion, contribute cash or other property, including securities issued by the
Company, to provide for the benefit payments under the Plan (the “Trust”).

	16.2	 	Interrelationship of the Plan and the Trust. The provisions of the Plan and the Plan
Agreement shall govern the rights of a Participant to receive distributions pursuant to the
Plan. The provisions of the Trust shall govern the rights of the Employers, Participants and
the creditors of the Employers to the assets transferred to the Trust. Each Employer shall at
all times remain liable to carry out its obligations under the Plan.

	16.3	 	Distributions From the Trust. Each Employer’s obligations under the Plan may be
satisfied with Trust assets distributed pursuant to the terms of the Trust, and any such
distribution shall reduce the Employer’s obligations under this Plan.

ARTICLE 17

Miscellaneous

	17.1	 	Status of Plan. The Plan is intended to be a plan that is not qualified within the
meaning of Code Section 401(a) and that “is unfunded and is maintained by an employer
primarily for the purpose of providing deferred compensation for a select group of management
or highly compensated employees” within the meaning of ERISA Sections 201(2), 301(a)(3) and
401(a)(1). The Plan shall be administered and interpreted (i) to the extent possible in a
manner consistent with the intent described in the preceding sentence, and (ii) in accordance
with Code Section 409A and related Treasury guidance and Regulations.

	17.2	 	Unsecured General Creditor. Participants and their Beneficiaries, heirs, successors
and assigns shall have no legal or equitable rights, interests or claims in any property or
assets of an Employer. For purposes of the payment of benefits under this Plan, any and all
of an Employer’s assets shall be, and remain, the general, unpledged unrestricted assets of
the Employer. An Employer’s obligation under the Plan shall be merely that of an unfunded and
unsecured promise to pay money in the future.

	17.3	 	Employer’s Liability. An Employer’s liability for the payment of benefits shall be
defined only by the Plan and the Plan Agreement, as entered into between the Employer and a
Participant. An Employer shall have no obligation to a Participant under the Plan except as
expressly provided in the Plan and, to the extent that Plan benefits are described or provided
for therein, his or her Plan Agreement.

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	17.4	 	Nonassignability. Neither a Participant nor any other person shall have any right to
commute, sell, assign, transfer, pledge, anticipate, mortgage or otherwise encumber, transfer,
hypothecate, alienate or convey in advance of actual receipt, the amounts, if any, payable
hereunder, or any part thereof, which are, and all rights to which are expressly declared to
be, unassignable and non-transferable. No part of the amounts payable shall, prior to actual
payment, be subject to seizure, attachment, garnishment or sequestration for the payment of
any debts, judgments, alimony or separate maintenance owed by a Participant or any other
person, be transferable by operation of law in the event of a Participant’s or any other
person’s bankruptcy or insolvency, or be transferable to a spouse, former spouse, or any other
payee as a result of a divorce, annulment, dissolution, legal separation, property settlement
or otherwise.

	17.5	 	Not a Contract of Employment. The terms and conditions of this Plan shall not be
deemed to constitute a contract of employment between any Employer and the Participant. Such
employment is hereby acknowledged to be an “at will” employment relationship that can be
terminated at any time for any reason, or no reason, with or without cause, and with or
without notice, unless expressly provided in a written employment agreement. Nothing in this
Plan shall be deemed to give a Participant the right to be retained in the service of any
Employer, either as an Employee or a Director, or to interfere with the right of any Employer
to discipline or discharge the Participant at any time.

	17.6	 	Furnishing Information. A Participant or his or her Beneficiary will cooperate with
the Committee by furnishing any and all information requested by the Committee and take such
other actions as may be requested in order to facilitate the administration of the Plan and
the payments of benefits hereunder, including but not limited to taking such physical
examinations as the Committee may deem necessary.

	17.7	 	Terms. Whenever any words are used herein in the masculine, they shall be construed
as though they were in the feminine in all cases where they would so apply; and whenever any
words are used herein in the singular or in the plural, they shall be construed as though they
were used in the plural or the singular, as the case may be, in all cases where they would so
apply.

	17.8	 	Captions. The captions of the articles, sections and paragraphs of this Plan are for
convenience only and shall not control or affect the meaning or construction of any of its
provisions.

	17.9	 	Governing Law. Subject to ERISA, the provisions of this Plan shall be construed and
interpreted according to the internal laws of the State of Delaware without regard to its
conflicts of laws principles.

	17.10	 	Notice. Any notice or filing required or permitted to be given to the Committee
under this Plan shall be sufficient if in writing and hand-delivered, or sent by registered or
certified mail, to the address below:

Commercial Vehicle Group, Inc.

Attn: Vice President — Human Resources

6530 West Campus Oval

New Albany, Ohio 43054

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	 	 	Such notice shall be deemed given as of the date of delivery or, if delivery is made by
mail, as of the date shown on the postmark on the receipt for registration or certification.
	 
	 	 	Any notice or filing required or permitted to be given to a Participant under this Plan
shall be sufficient if in writing and hand-delivered, or sent by mail, to the last known
address of the Participant.
	 
	17.11	 	Successors. The provisions of this Plan shall bind and inure to the benefit of the
Participant’s Employer and its successors and assigns and the Participant and the
Participant’s designated Beneficiaries.
	 
	17.12	 	Spouse’s Interest. The interest in the benefits hereunder of a spouse of a
Participant who has predeceased the Participant shall automatically pass to the Participant
and shall not be transferable by such spouse in any manner, including but not limited to such
spouse’s will, nor shall such interest pass under the laws of intestate succession.
	 
	17.13	 	Validity. In case any provision of this Plan shall be illegal or invalid for any
reason, said illegality or invalidity shall not affect the remaining parts hereof, but this
Plan shall be construed and enforced as if such illegal or invalid provision had never been
inserted herein.
	 
	17.14	 	Incompetent. If the Committee determines in its discretion that a benefit under
this Plan is to be paid to a minor, a person declared incompetent or to a person incapable of
handling the disposition of that person’s property, the Committee may direct payment of such
benefit to the parent, guardian, legal representative or person having the care and custody of
such minor, incompetent or incapable person. The Committee may require proof of minority,
incompetence, incapacity, parental status, or guardianship, as it may deem appropriate prior
to distribution of the benefit. Any payment of a benefit shall be a payment for the account
of the Participant and the Participant’s Beneficiary, as the case may be, and shall be a
complete discharge of any liability under the Plan for such payment amount.
	 
	17.15	 	Court Order. The Committee is authorized to comply with any court order in any
action in which the Plan or the Committee has been named as a party, including any action
involving a determination of the rights or interests in a Participant’s benefits under the
Plan. Notwithstanding the foregoing, the Committee shall interpret this provision in a manner
that is consistent with Code Section 409A and other applicable tax law.
	 
	17.16	 	Distribution in the Event of Income Inclusion Under 409A. If any portion of a
Participant’s Account Balance under this Plan is required to be included in income by the
Participant prior to receipt due to a failure of this Plan to meet the requirement of Code
Section 409A and related Treasury guidance or Regulations, the Participant may petition the
Committee or Administrator, as applicable, for a distribution of that portion of his or her
Account Balance that is required to be included in his or her income. Upon the grant of such
a petition, which grant shall not be unreasonably withheld, the Participant’s Employer shall
distribute to the Participant immediately available funds in an amount equal to the portion of
his or her Account Balance required to be included in income as a result of the failure of the
Plan to meet the requirements of Code Section
409A and related Treasury guidance or Regulations, which 

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	 	 	amount shall not exceed the Participant’s unpaid vested Account Balance under the Plan. If the petition is granted,
such distribution shall be made within ninety (90) days of the date when the Participant’s
petition is granted. A Participant shall be deemed to have included such amount in income
if the amount is timely reported on Form W-2 or Form 1099-MISC, as appropriate. Such a
distribution shall affect and reduce the Participant’s benefits to be paid under this Plan.
	 
	17.17	 	Deduction Limitation on Benefit Payments. If an Employer reasonably anticipates
that the Employer’s deduction with respect to any distribution from this Plan would be limited
or eliminated by application of Code Section 162(m), then to the extent deemed necessary by
the Employer to ensure that the entire amount of any distribution from this Plan is
deductible, the Employer may delay payment of any amount that would otherwise be distributed
from this Plan. Any amounts for which distribution is delayed pursuant to this Section shall
continue to be credited/debited with additional amounts in accordance with Section 3.9 above.
The delayed amounts (and any amounts credited thereon) shall be distributed to the Participant
(or his or her Beneficiary in the event of the Participant’s death) at the earliest date the
Employer reasonably anticipates that the deduction of the payment of the amount will not be
limited or eliminated by application of Code Section 162(m).
	 
	17.18	 	Insurance. The Employers, on their own behalf or on behalf of the trustee of the
Trust, and, in their sole discretion, may apply for and procure insurance on the life of the
Participant, in such amounts and in such forms as the Trust may choose. The Employers or the
trustee of the Trust, as the case may be, shall be the sole owner and beneficiary of any such
insurance. The Participant shall have no interest whatsoever in any such policy or policies,
and at the request of the Employers shall submit to medical examinations and supply such
information and execute such documents as may be required by the insurance company or
companies to whom the Employers have applied for insurance.
	 
	17.19	 	Incorporation of Additional Applicable Guidance. In the event of the issuance of
additional guidance under Code Section 409A after the effective date of this Plan (“Applicable
Guidance”) that is contrary to any Plan provision, the Company, as of the effective date of
the Applicable Guidance, will operate the Plan in conformance therewith and will disregard any
inconsistent Plan provision. To the extent that compliance therewith is required to maintain
the Plan’s compliance with Code Section 409A, any such Applicable Guidance is deemed to be
incorporated by reference into the Plan, and to supersede any contrary provision during any
period in which the Plan is permitted to comply operationally with the Applicable Guidance and
before a formal Plan amendment is required.

IN WITNESS WHEREOF, the Company has signed this Plan document.

	 	 	 	 	 	 	 
	 	 	COMMERCIAL VEHICLE GROUP, INC.,

A Delaware Corporation	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/James F. Williams	 	 
	 

	 	 	 	 

	 	 
	 
	 	 	 	 	 	 
	 

	 	Title:
	 	Vice President, Human Resources	 	 
	 
	 	 	 	 	 	 
	 

	 	Date:
	 	June 30, 2006	 	 

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APPENDIX A

LIMITED TRANSITION RELIEF MADE AVAILABLE IN ACCORDANCE WITH CODE SECTION 409A AND RELATED

TREASURY GUIDANCE AND REGULATIONS

Unless otherwise provided below, the capitalized terms below shall have the same meaning as
provided in the Plan.

	1.	 	Opportunity to Make New Distribution Elections. Notwithstanding the required
deadline for the submission of an initial distribution election described in Articles 4, 5 and
6, the Committee may, as permitted by Code Section 409A and related Treasury guidance or
Regulations, provide a limited period in which Participants may make new distribution
elections, by submitting an Election Form on or before the deadline established by the
Committee, which in no event shall be later than December 31, 2006. Any distribution election
made in accordance with the requirements established by the Committee, pursuant to this
section, shall not be treated as a change in the form or timing of a Participant’s benefit
payment for purposes of Code Section 409A or the Plan.

     The Committee shall interpret all provisions relating to an election submitted in accordance
with this section in a manner that is consistent with Code Section 409A and related Treasury
guidance or Regulations. If any distribution election submitted in accordance with this
section either (i) relates to payments that a Participant would otherwise receive in 2006,
or (ii) would cause payments to be made in 2006, such election shall not be effective.

--i--

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