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                                                                    EXHIBIT 10.1

                LMI AEROSPACE, INC. 2005 LONG-TERM INCENTIVE PLAN

SECTION 1. PURPOSES

                  The purposes of the Plan are (a) to provide long-term
incentives to those directors, officers, employees and other individuals with
significant responsibility for, or potential impact on, the success and growth
of the Company and its subsidiaries, divisions and affiliated businesses, (b) to
associate the interests of such individuals with those of the Company's
stockholders, (c) to assist the Company in recruiting, retaining and motivating
qualified directors, officers, employees and such other individuals on a
competitive basis and (d) to ensure a pay for performance linkage for such
individuals.

SECTION 2. DEFINITIONS

                  As used in the Plan, the following terms shall have the
meanings set forth below:

                  (a) "Affiliate" means (i) any entity that, directly or
indirectly through one or more intermediaries, is controlled by the Company and
(ii) any entity in which the Company has a significant equity interest, in each
case as determined by the Committee.

                  (b) "Award" means any Option, Restricted Stock, Restricted
Stock Unit, Stock Appreciation Right, Performance Award, Other Stock-Based Award
or Cash Bonus Award granted under the Plan.

                  (c) "Award Agreement" means any written agreement, contract or
other instrument or document evidencing any Award granted under the Plan and
containing the applicable terms and conditions of the Plan and any other terms
and conditions (not inconsistent with the Plan) determined by the Committee.

                  (d) "Board" means the Board of Directors of the Company.

                  (e) "Cash Bonus Award" means any right granted under Section
6(f) of the Plan.

                  (f) "Change in Control" is defined in Section 10(e) of the
Plan.

                  (g) "Code" means the Internal Revenue Code of 1986, as amended
from time to time, and the regulations promulgated thereunder.

                  (h) "Committee" means a committee of Directors designated by
the Board to administer the Plan, which shall initially be the Compensation
Committee of the Board. The Committee shall be comprised of not less than such
number of Directors as shall be required to permit Awards granted under the Plan
to qualify under Rule 16b-3 and Section 162(m) of the Code, and each member of
the Committee shall be a Non-Employee Director.

                  (i) "Common Stock" means the common stock, having a par value
of $0.02 per share, of the Company.

                  (j) "Company" means LMI Aerospace, Inc., a Missouri
corporation, and any successor entity.

                  (k) "Director" means a member of the Board, including any
Non-Employee Director.

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                  (l) "Eligible Person" means any Director (including any
Non-Employee Director), officer, employee or other individual providing services
to the Company, any Subsidiary or any other individual the Committee determines
to be an Eligible Person.

                  (m) "Exchange Act" means the Securities Exchange Act of 1934,
as amended from time to time, and any successor thereto.

                  (n) "Exercise Price" means the price at which a Participant
may purchase a Share covered by an Option.

                  (o) "Fair Market Value" means, on any given date (i) with
respect to any property (including, without limitation, any Shares or other
securities), the fair market value of such property determined by such methods
or procedures as shall be established from time to time by the Committee, and
(ii) with respect to Common Stock, if the shares of Common Stock are included in
the NASDAQ National Market or Small-Cap Market, the closing selling price quoted
in such market which is published by The Wall Street Journal for the trading day
immediately preceding the date in question, or if no trade of the Common Stock
shall have been reported for such date, the closing price quoted in such market
which is published in The Wall Street Journal for the next day prior thereto on
which the trade of the Common Stock was reported or, if the shares of Common
Stock are not so included for trading in such market, the average of the highest
reported bid and lowest reported asked prices as quoted in the "pink sheet"
published by the National Daily Quotation Bureau for the first day immediately
preceding the date on which such Stock is traded. In all other cases, the "Fair
Market Value" shall be determined by the Compensation Committee in good faith
using any fair and reasonable means selected in its discretion.

                  (p) "Grant Date" means the date as of which the Committee
determines that a grant of an Award shall be effective.

                  (q) "Incentive Option" means an Option that is designated as
an Incentive Option and that meets the requirements of Section 422 of the Code
for "incentive stock options."

                  (r) "Inducement Award" means an Award granted to an Eligible
Person as an inducement to such individual's accepting employment with the
Company.

                  (s) "Non-Employee Director" means (i) any Director who is not
also an employee of the Company or an "Affiliate" within the meaning of Rule
16b-3 and (ii) any "outside director" within the meaning of Section 162(m) of
the Code.

                  (t) "Non-Qualified Option" means an Option that either is not
designated as an Incentive Option or does not meet the requirements of Section
422 of the Code for "incentive stock options."

                  (u) "Option" means a right granted under the Plan to a
Participant to purchase a Share at a specified price for a specified period of
time.

                  (v) "Other Stock-Based Award" means any right granted under
Section 6(e) of the Plan.

                  (w) "Participant" means an Eligible Person designated to be
granted an Award under the Plan.

                  (x) "Performance Award" means any right granted under Section
6(d) of the Plan.

                  (y) "Performance Goal" means the goals established by the
Committee, based upon one or more performance measures, as the condition(s)
precedent to earning a Performance Award.

                  (z) "Performance Measures" means the criteria set out in
Section 6(d)(iii) of the Plan that may be used by the Committee as the basis for
a Performance Goal.

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                  (aa) "Performance Period" means the period established by the
Committee during which the achievement of Performance Goals is assessed in order
to determine whether and to what extent a Performance Award has been earned.

                  (bb) "Performance Shares" means shares of Common Stock awarded
to a Participant based on the achievement of Performance Goals during a
Performance Period.

                  (cc) "Performance Units" means an Award denominated in shares
of Common Stock, cash or a combination thereof, as determined by the Committee,
awarded to a Participant based on the achievement of Performance Goals during a
Performance Period.

                  (dd) "Person" means any individual or entity, including a
corporation, partnership, limited liability company, association, joint venture
or trust.

                  (ee) "Plan" means the LMI Aerospace, Inc. 2005 Long-Term
Incentive Plan, as amended from time to time, the provisions of which are set
forth herein.

                  (ff) "Restricted Stock" means any Share granted under Section
6(b) of the Plan.

                  (gg) "Restricted Stock Unit" means any unit granted under
Section 6(b) of the Plan evidencing the right to receive a Share (or a cash
payment equal to the Fair Market Value of a Share) at some future date.

                  (hh) "Rule 16b-3" means Rule 16b-3 promulgated by the
Securities and Exchange Commission under the Exchange Act.

                  (ii) "Section 162(m) Exemption" means the exemption from the
limitation on deductibility imposed by Section 162(m) of the Code, or any
successor provision, that is set forth in Section 162(m)(4)(C) of the Code, or
any successor provision.

                  (jj) "Securities Act" means the Securities Act of 1933, as
amended from time to time, and any successor thereto.

                  (kk) "Share" or "Shares" means a share or shares of Common
Stock or such other securities or property as may become subject to Awards
subject to an adjustment as provided under Section 4(c) of the Plan.

                  (ll) "Stock Appreciation Right" means any right granted under
Section 6(c) of the Plan.

                  (mm) "Subsidiary" means a corporation or other entity
constituting a "subsidiary corporation" under Section 424(f) of the Code, or any
successor provision.

                  (nn) "10 Percent Stockholder" means any Person employed by the
Company who owns (including ownership through the attribution provisions of
Section 424(d) of the Code) in excess of ten percent (10%) of the outstanding
voting equity of the Company.

SECTION 3. ADMINISTRATION

                  (a) Power and Authority of the Committee. The Plan shall be
administered by the Committee. Subject to the express provisions of the Plan and
to applicable law, the Committee shall have full power and authority to: (i)
designate Eligible Persons to receive Awards; (ii) determine the type or types
of Awards to be granted to each Participant under the Plan; (iii) determine the
number of Shares and/or amount of cash to be covered by (or the method by which
payments or other rights are to be determined in connection with) each Award;
(iv) determine the terms and conditions of any Award or Award Agreement,
including time-based restrictions and performance-based restrictions; (v)
establish the

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Performance Measures for achievement of Performance Goals with respect to
Performance Awards; (vi) amend the terms and conditions of any Award or Award
Agreement and accelerate the exercisability of any option or waive any
restrictions relating to any Award; (vii) determine whether, to what extent and
under what circumstances Awards may be exercised in cash, Shares, promissory
notes (provided, however, that the par value of any Shares to be issued pursuant
to such exercise shall be paid in the form of cash, services rendered, personal
property, real property or a combination thereof and the acceptance of such
promissory notes does not conflict with Section 402 of the Sarbanes-Oxley Act of
2002), other securities, other Awards or other property, or canceled, forfeited
or suspended; (viii) determine whether, to what extent and under what
circumstances cash, Shares, promissory notes (provided, however, that the
acceptance of such promissory notes does not conflict with Section 402 of the
Sarbanes-Oxley Act of 2002), other securities, other Awards, other property and
other amounts payable with respect to an Award under the Plan shall be deferred
either automatically or at the election of the holder thereof or the Committee
(provided, however, that the par value of any Shares and Restricted Stock shall
be paid in the form of cash, services rendered, personal property, real property
or a combination thereof prior to their issuance); (ix) construe and interpret
the Plan and any instrument or agreement, including an Award Agreement, relating
to the Plan; (x) establish, amend, suspend or waive such rules and regulations
and appoint such agents as it shall deem appropriate for the proper
administration of the Plan; and (xi) make any other determination and take any
other action that the Committee deems necessary or desirable for the
administration of the Plan. Unless otherwise expressly provided in the Plan, all
designations, determinations, interpretations and other decisions under or with
respect to the Plan or any Award shall be within the sole discretion of the
Committee, may be made at any time and shall be final, conclusive and binding
upon any Eligible Person, Participant and any holder or beneficiary of any
Award.

                  (b) Power of Board and Other Committees. Notwithstanding
anything to the contrary contained herein, the Board or a committee of the Board
other than the Committee may, at any time and from time to time, without any
further action of the Committee, exercise the powers and duties of the Committee
under the Plan; provided, however, that the Board or such committee may not
exercise such authority to the extent that the exercise of such authority would
cause any performance-based award to cease to qualify for the Section 162(m)
Exemption.

SECTION 4. SHARES AVAILABLE FOR AWARDS

                  (a) Shares Available. Subject to adjustment as provided in
Section 4(c) of the Plan, the maximum aggregate number of Shares available for
issuance under the Plan shall be One Million Two Hundred Thousand (1,200,000).
Shares to be issued under the Plan may be either authorized but unissued Shares
or Shares reacquired and held in treasury.

                  (b) Accounting for Awards. For purposes of this Section 4, if
an Award entitles the holder thereof to receive or purchase Shares, the number
of Shares covered by such Award (including Shares covered by Inducement Awards)
or to which such Award relates shall be counted on the Grant Date of such Award
against the aggregate number of Shares available for granting Awards under the
Plan. Any Shares that are used by a Participant as full or partial payment to
the Company of the purchase price or Exercise Price relating to an Award or in
connection with the satisfaction of tax obligations relating to an Award, shall
again be available for granting Awards under the Plan. In addition, if any
Shares covered by an Award or to which an Award relates are not purchased or are
forfeited, or if an Award otherwise terminates without delivery of any Shares,
then the number of Shares counted against the aggregate number of Shares
available under the Plan with respect to such Award, to the extent of any such
forfeiture or termination, shall again be available for granting Awards under
the Plan.

                  (c) Adjustments. In the event that the Committee shall
determine that any dividend or other distribution (whether in the form of cash,
Shares, other securities or other property), recapitalization, stock split,
reverse stock split, reorganization, merger, consolidation, split-up, spin-off,
combination, repurchase or exchange of Shares or other securities of the
Company, issuance of warrants or other rights to purchase Shares or other
securities of the Company or other similar corporate

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transaction or event affects the Shares such that an adjustment is determined by
the Committee to be appropriate in order to prevent dilution or enlargement of
the benefits or potential benefits intended to be made available under the Plan,
then the Committee shall, in such manner as it may deem equitable, adjust any or
all of (i) the number and type of Shares (or other securities or other property)
that thereafter may be made the subject of Awards, (ii) the number and type of
Shares (or other securities or other property) subject to outstanding Awards and
(iii) the purchase price or Exercise Price with respect to any Award; provided,
however, that the number of Shares covered by any Award or to which such Award
relates shall always be a whole number.

                  Notwithstanding the above, in the event (i) of any
reorganization, merger, consolidation, split-up, spin-off, combination,
repurchase or exchange of Shares or other securities of the Company or any other
similar corporate transaction or event or (ii) the Company shall enter into a
written agreement to undergo such a transaction or event, the Committee may, in
its sole discretion, cancel any or all outstanding Awards and pay to the holders
of any such Awards that are otherwise vested, in cash, the value of such Awards
based upon the price per share of capital stock received or to be received by
other stockholders of the Company in such event.

SECTION 5. ELIGIBILITY

                  Any Eligible Person shall be eligible to be designated a
Participant. In determining which Eligible Persons shall receive an Award and
the terms of any Award, the Committee may take into account the nature of the
services rendered by the respective Eligible Persons, their present and
potential contributions to the success of the Company or such other factors as
the Committee, in its sole discretion, shall deem relevant.

SECTION 6. AWARDS

                  (a) Options. The Committee is hereby authorized to grant
Incentive Options and Non-Qualified Options to Eligible Persons with the
following terms and conditions and with such additional terms and conditions not
inconsistent with the provisions of the Plan as the Committee shall determine:

                  (i) Exercise Price. The Exercise Price for each Option shall
         be fixed by the Committee at the Grant Date, but (A) in no event may
         the Exercise Price per Share subject to an Option be less than the Fair
         Market Value per Share on the Grant Date; and (B) in no event may the
         Exercise Price for Shares subject to an Incentive Option granted to a
         10 Percent Stockholder be less than 110% of the Fair Market Value on
         the Grant Date.

                  (ii) Payment. Upon exercise of an Option, the full Exercise
         Price for the Shares with respect to which the Option is being
         exercised shall be payable to the Company: (A) in cash or by check
         payable and acceptable to the Company; (B) by tendering to the Company
         Common Stock owned by the Participant having an aggregate Fair Market
         Value as of the date of exercise and tender that is not greater than
         the full Exercise Price for the Shares with respect to which the Option
         is being exercised and by paying any remaining amount of the Exercise
         Price as provided in (A) above; or (C) subject to such instructions as
         the Committee may specify, at the Participant's written request the
         Company may deliver certificates for the Shares for which the Option is
         being exercised to a broker for sale on behalf of the Participant,
         provided that the Participant has irrevocably instructed such broker to
         remit directly to the Company on the Participant's behalf the full
         amount of the Exercise Price from the proceeds of such sale. In the
         event the Participant elects to make payment as allowed under clause
         (B) above, the Committee may, upon confirming that the Participant owns
         the number of shares of Common Stock being tendered, authorize the
         issuance of a new certificate for the number of Shares being acquired
         pursuant to the exercise of the Option less the number of shares of
         Common Stock being tendered upon the exercise and return to the
         Participant (or not require surrender of) the certificate for the

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         shares of Common Stock being tendered upon the exercise. Payment
         instruments will be received subject to collection.

                  (iii) Number of Shares. Each Award Agreement shall state the
         total number of Shares that are subject to the Option.

                  (iv) Terms Governing Exercise. In the discretion of the
         Committee, each Award Agreement may contain provisions stating that the
         Option granted therein may not be exercised in whole or in part for a
         period or periods of time or until the achievement of specific goals,
         in either case as specified in such Award Agreement. Except as so
         specified therein, any Option may be exercised in whole at any time or
         in part from time to time during its term, provided that in no event
         shall an Option, or any portion thereof, be exercisable until at least
         six (6) months after the Grant Date of such Option. No Incentive Option
         granted to a 10 Percent Stockholder may be exercisable later than five
         (5) years from the Grant Date.

                  (v) Termination of Employment. If a Participant's employment
         with the Company and all of its Affiliates and service as a Director
         shall terminate for a reason other than: (A) with respect to employees,
         retirement from employment in accordance with the terms of a retirement
         plan or policy of the Company or one of its subsidiaries
         ("Retirement"); (B) "Permanent Disability" (as defined in Section
         22(e)(3) of the Code); or (C) death, the Participant's Options and all
         unexercised rights thereunder shall expire and automatically terminate.

                  If termination of employment is due to Retirement or if
         termination of employment or service is due to Permanent Disability,
         the Participant (or his or her personal representative) shall have the
         right to exercise any Option at any time within the 12-month period
         (three-month period in the case of Retirement for Options that are
         Incentive Options) following such termination of employment or service
         or the expiration date of such Option, whichever shall first occur,
         provided that such Option shall be exercisable only to the extent it
         was exercisable immediately prior to such termination of employment or
         service.

                  Whether any termination of employment or service is due to
         Retirement or Permanent Disability and whether an authorized leave of
         absence or absence for military or government service or for other
         reasons shall constitute a termination of employment or service for
         purposes of the Plan shall be determined by the Committee in its sole
         discretion.

                  If a Participant shall die while entitled to exercise an
         Option, the Participant's estate, personal representative or
         beneficiary, as the case may be, shall have the right to exercise the
         Option at any time within the 12-month period following the date of the
         Participant's death or the expiration date of such Option, whichever
         shall first occur, provided that such Option shall be exercisable only
         to the extent that the Participant was entitled to exercise the same on
         the day immediately prior to the Participant's death.

                  (vi) Substitute Awards. Options may be granted under the Plan
         from time to time in substitution for stock options and stock
         appreciation rights held by employees of entities other than the
         Company who become employees of the Company as a result of a merger or
         consolidation of such other entity with the Company or any of its
         Affiliates, the acquisition by the Company or any of its Affiliates of
         assets of such other entity, or the acquisition by the Company or any
         of its Affiliates of stock of such other entity with the result that
         such other entity becomes a subsidiary of the Company or any of its
         Affiliates.

                  (vii) Incentive Stock Options. Notwithstanding any provisions
         herein to the contrary, the terms set forth in this clause (vii) shall
         apply to Incentive Options. With respect to Incentive Options, to the
         extent that the aggregate Fair Market Value (determined as of the Grant

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         Date) of the Shares with respect to which Incentive Options are
         exercisable for the first time by such Participant during any calendar
         year (under all plans of the Company) exceeds $100,000, such Options
         shall be treated as Non-Qualified Options. The per share Exercise Price
         for an Incentive Option shall not be less than 100% of the Fair Market
         Value of a Share at the Grant Date (110% of the Fair Market Value of a
         Share at the Grant Date in the case of an Incentive Option granted to a
         10% Stockholder. Further, no Incentive Option shall be exercisable
         after the expiration of ten (10) years from the Grant Date (five (5)
         years in the case of an Incentive Option granted to a 10% Stockholder).

                  (b) Restricted Stock / Restricted Stock Units. The Committee
is hereby authorized to grant Restricted Stock and Restricted Stock Units to
Eligible Persons with the following terms and conditions and with such
additional terms and conditions not inconsistent with the provisions of the Plan
as the Committee shall determine:

                  (i) Restrictions. The Committee shall impose such terms,
         conditions and/or restrictions on any Restricted Stock or Restricted
         Stock Units granted pursuant to the Plan as it may deem advisable,
         including, without limitation, a requirement that Participants pay a
         stipulated purchase price for each share of Restricted Stock or each
         share issued under a Restricted Stock Unit; restrictions based upon the
         achievement of specific Performance Goals (Company-wide, divisional
         and/or individual); time-based restrictions on vesting; and/or
         restrictions under applicable federal or state securities laws. Any
         time-based restriction period shall be for a minimum of three (3)
         years. To the extent the Restricted Stock or Restricted Stock Units are
         intended to be deductible under Code Section 162(m), the applicable
         restrictions shall be based on the achievement of Performance Goals
         over a Performance Period, as described in Section 6(d) below.

                  (ii) Payment of Units. Restricted Stock Units that become
         payable in accordance with their terms and conditions shall be settled
         in cash, shares of Common Stock, or a combination of cash and Common
         Stock, as determined by the Committee at the time of settlement.

                  (iii) No Disposition During Restriction Period. During the
         Restriction Period, Restricted Stock may not be sold, assigned,
         transferred or otherwise disposed of, or mortgaged, pledged or
         otherwise encumbered. In order to enforce the limitations imposed upon
         the Restricted Stock, the Committee may (A) cause a legend or legends
         to be placed on any certificates relating to such Restricted Stock, (B)
         issue "stop transfer" instructions, as it deems necessary or
         appropriate and/or (C) retain possession of the shares of Restricted
         Stock, together with a related stock power endorsed in blank, pending
         the lapse of the restrictions applicable thereto or the forfeiture
         thereof.

                  (iv) Dividend and Voting Rights. Unless otherwise determined
         by the Committee, during the Restriction Period, Participants who hold
         Restricted Stock shall have the right to vote such Restricted Stock as
         the record owner thereof. Unless otherwise determined by the Committee,
         any dividends payable to a Participant during the Restriction Period
         shall be distributed to the Participant only if and when the
         restrictions imposed on the applicable Restricted Stock or Restricted
         Stock Units lapse.

                  (v) Stock Certificates. Each certificate issued for Restricted
         Stock shall be registered in the name of the Participant and deposited
         with the Company or its designee. At the end of the Restriction Period,
         a certificate representing the number of Shares to which the
         Participant is then entitled shall be delivered to the Participant free
         and clear of the restrictions. No certificate shall be issued with
         respect to a Restricted Stock Unit unless and until such unit is paid
         in Shares.

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                  (vi) Termination. All Restricted Stock and Restricted Stock
         Units that remain unvested shall terminate upon the termination of the
         Participant's status as an employee of the Company and its Affiliates
         and as Director.

                  (c) Stock Appreciation Rights. The Committee is hereby
authorized to grant Stock Appreciation Rights to Eligible Persons subject to the
terms of the Plan. Each Stock Appreciation Right granted under the Plan shall
confer on the holder upon exercise the right to receive, as determined by the
Committee, cash or a number of Shares equal to the excess of (i) the Fair Market
Value of one Share on the date of exercise (or, if the Committee shall so
determine, at any time during a specified period before or after the date of
exercise) over (ii) the grant price of the Stock Appreciation Right as
determined by the Committee, which grant price shall not be less than 100% of
the Fair Market Value of one Share on the Grant Date of the Stock Appreciation
Right. Subject to the terms of the Plan, the grant price, term, methods of
exercise, dates of exercise, methods of settlement and any other terms and
conditions (including conditions or restrictions on the exercise thereof) of any
Stock Appreciation Right shall be as determined by the Committee.

                  (d) Performance Awards. Subject to the provisions of the Plan,
Performance Awards may be granted either alone or in addition to other Awards
made under the Plan.

                  (i) Grants. Subject to the provisions of the Plan, Performance
         Awards consisting of Performance Shares or Performance Units may be
         granted to Eligible Persons. Performance Awards may be granted either
         alone or in addition to other Awards made under the Plan.

                  (ii) Performance Goals. Unless otherwise determined by the
         Committee, Performance Awards shall be conditioned on the achievement
         of Performance Goals (which shall be based on one or more Performance
         Measures, as determined by the Committee) over a Performance Period.
         The Performance Period shall be one year.

                  (iii) Performance Measures. The Performance Measure(s) to be
         used for purposes of Performance Awards may be described in terms of
         objectives that are related to the individual Participant or objectives
         that are Company-wide or related to a Subsidiary, division, department,
         region, function or business unit of the Company in which the
         Participant is employed, and they may consist of one or more or any
         combination of criteria, including the following: stock price, market
         share, sales revenue, cash flow, sales volume, earnings per share,
         return on equity, return on assets, return on sales, return on invested
         capital, economic value added, net earnings, total stockholder return,
         gross margin, and/or costs. The Performance Goals based on such
         Performance Measures may be made relative to the performance of other
         entities.

                  (iv) Negative Discretion. Notwithstanding the achievement of
         any Performance Goal established under the Plan, if the Committee
         determines that a change in the business, operations, corporate
         structure or capital structure of the Company or other events or
         circumstances (including, without limitation, the conduct of the
         Participant) render the Performance Measures or the achievement thereof
         unsuitable or inappropriate, the Committee may satisfy or adjust such
         Performance Measures or the related minimum acceptable level of
         achievement or the Performance Award, in whole or in part, as the
         Committee deems appropriate.

                  (v) Extraordinary Events. At, or at any time after, the time
         an Award is granted, and to the extent permitted under Code Section
         162(m) and the regulations thereunder without adversely affecting the
         treatment of the Award under the Section 162(m) Exemption, the
         Committee may provide for the manner in which performance will be
         measured against the Performance Goals (or may adjust the Performance
         Goals) to reflect the impact of specific corporate transactions,
         accounting or tax law changes and other extraordinary and nonrecurring
         events.

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                  (vi) Interpretation. With respect to any Award that is
         intended to satisfy the conditions for the Section 162(m) Exemption:
         (A) the Committee shall interpret the Plan and this Section 6(d) in
         light of Code Section 162(m) and the regulations thereunder; (B) the
         Committee shall have no discretion to amend the Award in any way that
         would adversely affect the treatment of the Award under Code Section
         162(m) and the regulations thereunder; and (C) such Award shall not be
         paid until the Committee shall first have certified that the
         Performance Goals have been achieved.

                  (e) Other Stock-Based Awards. The Committee is hereby
authorized to grant to Eligible Persons, subject to the terms of the Plan, such
other Awards that are denominated or payable in, valued in whole or in part by
reference to, or otherwise based on or related to, Shares (included, without
limitation, securities convertible into Shares), as are deemed by the Committee
to be consistent with the purpose of the Plan. Shares or other securities
delivered pursuant to a purchase right granted under this Section 6(e) shall be
purchased for such consideration, which may be paid by such method or methods
and in such form or forms (including, without limitation, cash, Shares,
promissory notes (provided, however, that the par value of any Shares to be
issued pursuant to such exercise shall be paid in the form of cash), services
rendered, personal property, real property or a combination thereof and the
acceptance of such promissory notes does not conflict with Section 402 of the
Sarbanes-Oxley Act of 2002).

                  (f) Cash Bonus Awards. The Committee is hereby authorized to
grant to Eligible Persons, subject to the terms of the Plan, Cash Bonus Awards
that provide Participants with the opportunity to earn a cash payment based upon
the achievement of one or more Performance Goals for a period of time of one or
more years (the "Award Cycle"), as determined by the Committee. For each Award
Cycle, the Committee shall determine the relevant Performance Measurements, the
Performance Goal for each Performance Measurement, the level or levels of
achievement necessary for Awards to be paid, the weighting of the Performance
Goals if more than one Performance Goal is applicable, and the size of the
Awards.

                  (g) General.

                  (i) Consideration for Awards. Awards may be granted for no
         cash consideration or for any cash or other consideration as determined
         by the Committee, consistent with the Plan and in compliance with
         applicable law.

                  (ii) Awards May Be Granted Separately or Together. Awards may,
         in the discretion of the Committee, be granted either alone or in
         addition to, in tandem with or in substitution for any other Award or
         any award granted under any plan of the Company or any Subsidiary.
         Awards granted in addition to or in tandem with other Awards or in
         addition to or in tandem with awards granted under any such other plan
         of the Company or any Subsidiary may be granted either at the same time
         as or at a different time from the grant of such other Awards or
         awards.

                  (iii) Forms of Payment under Awards. Subject to the terms of
         the Plan and the requirements of applicable law, payments or transfers
         to be made by the Company or an Affiliate upon the grant, exercise or
         payment of an Award may be made in such form or forms as the Committee
         shall determine including, without limitation, cash, Shares, promissory
         notes (provided, however, that the acceptance of such promissory notes
         does not conflict with Section 402 of the Sarbanes-Oxley Act of 2002),
         other securities, other Awards or other property or any combination
         thereof, and may be made in a single payment or transfer, in
         installments or on a deferred basis, in each case in accordance with
         rules and procedures established by the Committee. Such rules and
         procedures may include, without limitation, provisions for the payment
         or crediting of reasonable interest on installment or deferred payments
         or the grant or crediting of dividend equivalents with respect to
         installment or deferred payments.

                                       9
<PAGE>

                  (iv) Limits on Transfer of Awards. No Award and no right under
         any such Award shall be transferable by a Participant otherwise than by
         will or by the laws of descent and distribution and the Company shall
         not be required to recognize any attempted assignment of such rights by
         any Participant; provided, however, that, if so determined by the
         Committee, a Participant may, in the manner established by the
         Committee, designate a beneficiary or beneficiaries to exercise the
         rights of the Participant and receive any property distributable with
         respect to any Award upon the death of the Participant; provided,
         further, that, if so determined by the Committee, Awards may be
         transferable as determined by the Committee. Except as otherwise
         determined by the Committee, each Award or right under any such Award
         shall be exercisable during the Participant's lifetime only by the
         Participant or, if permissible under applicable law, by the
         Participant's guardian or legal representative. Except as otherwise
         provided herein or as otherwise determined by the Committee, no Award
         or right under any such Award may be pledged, alienated, attached or
         otherwise encumbered, and any purported pledge, alienation, attachment
         or other encumbrance thereof shall be void and unenforceable against
         the Company or any Affiliate.

                  (v) Term of Awards. The term of each Award shall be for such
         period as may be determined by the Committee; provided, however, no
         Award shall have a term greater than ten (10) years from the date of
         the award.

                  (vi) Restrictions; Securities Exchange Listing. All Shares or
         other securities delivered under the Plan pursuant to any Award or the
         exercise thereof shall be subject to such stop transfer orders and
         other restrictions as the Committee may deem advisable under the Plan,
         applicable federal or state securities laws and regulatory
         requirements, and the Committee may direct appropriate stop transfer
         orders and cause other legends to be placed on the certificates for
         such Shares or other securities to reflect such restrictions. If the
         Shares or other securities are traded on a securities exchange, the
         Company shall not be required to deliver any Shares or other securities
         covered by an Award unless and until such Shares or other securities
         have been admitted for trading on such securities exchange.

                  (vii) Repricing. Except as provided in Section 4(c) hereof,
         Options and Stock Appreciation Rights may not be amended to reduce its
         initial exercise price without the approval of the stockholders of the
         Company or unless there would be no material adverse effect on the
         Company's financial statements as prepared in accordance with generally
         accepted accounting principles.

         (h) Award Limitations.

                  (i) The maximum amount of Shares issuable in connection with
         Awards that may be made in any calendar year shall not exceed 250,000,
         subject to adjustment as provided in Section 4(c) of the Plan;
         provided, however, that with respect to any calendar year following
         calendar year 2005, such maximum amount of Shares shall be increased to
         the extent that Awards covering less than 250,000 Shares are made in a
         prior calendar year so that such unused Awards may be carried forward
         to subsequent calendar years.

                  (ii) Maximum number of Options and/or Stock Appreciation
         Rights that may be granted or issued under the Plan in any calendar
         year to any Participant during a single calendar year is Thirty
         Thousand (30,000) Shares (subject to adjustment as provided for in
         Section 4(c) of the Plan and this subsection (h)). The maximum amount
         of Awards other than Options and/or Stock Appreciation Rights that may
         be made in any calendar year to any Participant shall not exceed Three
         Hundred Thousand Dollars ($300,000) or One Hundred Twenty Thousand
         (120,000) Shares. The maximum amount of Awards that may be made to a
         Participant for a Performance Period greater than one year shall not
         exceed the foregoing annual maximum multiplied by the number of full
         years in the Performance Period. The foregoing

                                       10
<PAGE>

         annual limitation specifically includes the grant of any Award or
         Awards representing "qualified performance-based compensation" within
         the meaning of Section 162(m) of the Code.

                  (iii) Notwithstanding the provisions of clauses (i) and (ii)
         of this subsection (h), no Inducement Award granted under the Plan
         shall be included in calculating whether the limitations set forth in
         such clauses (i) and (ii) have been met; however, such Inducement
         Awards shall be included in the calculation of the number of shares
         available under the Plan set forth in Section 4(a).

         (i) Director Awards.

                  (i) Annual Grants of Restricted Stock; Terms. Three Thousand
         (3,000) shares of Restricted Stock will be granted to each Director
         each year coincident with the annual meeting of the stockholders of the
         Company. All such shares of Restricted Stock granted annually (the
         "Director Awards") shall vest (i.e., the forfeiture provisions shall
         lapse) on the third anniversary of the Grant Date thereof. The Board
         may at any time revise any of the terms and conditions of the Director
         Awards (except for any such Director Award that has already been
         granted) with respect to the number of shares of Restricted Stock, the
         length of time during which the restrictions are applicable and/or the
         type of Awards covered by Director Awards.

                  (ii) Available Awards. The Board may award Options, Restricted
         Stock, Restricted Stock Units, Stock Appreciation Rights, Performance
         Awards, Other Stock-Based Awards and/or Cash Bonus Awards to any
         Director (including Non-Employee Directors). Nothing herein shall be
         interpreted to limit or restrict the Company's right to pay, or the
         Directors' right to receive, other compensation (whether in cash or
         securities) for services as a Director.

                  (iii) Terms of Options. Notwithstanding any other provisions
         herein to the contrary, the terms set forth in this clause (iii) shall
         apply to Options issued to Non-Employee Directors. The Exercise Price
         for such Options shall be the Fair Market Value per Share as of the
         date of the annual meeting of stockholders. The term of any such Option
         shall be ten (10) years from the Grant Date, and such Option shall be
         fully exercisable upon grant. Except as provided in Section 6(a)(v)
         above with respect to death and Permanent Disability and Section 10
         with respect to a Change in Control, any Option granted to a
         Non-Employee Director shall terminate upon the earlier of the
         expiration of the term of the Option or the termination of the
         Participant's status as a Director.

SECTION 7. AMENDMENT AND TERMINATION; ADJUSTMENTS

                                    (a) Amendments to the Plan. The Board may
                           amend, alter, suspend, discontinue or terminate the
                           Plan at any time; provided, however, that,
                           notwithstanding any other provision of the Plan or
                           any Award Agreement, without the approval of the
                           stockholders of the Company, no such amendment,
                           alteration, suspension, discontinuation or
                           termination shall be made that, absent such approval:

                  (i) violates the rules or regulations of the Nasdaq Stock
         Market or of any other securities exchange that are applicable to the
         Company;

                  (ii) increases the number of shares authorized under the Plan
         as specified in Section 4(a) of the Plan;

                  (iii) permits the award of Options or Stock Appreciation
         Rights at a price less than 100% of the Fair Market Value of a Share on
         the Grant Date of such Option or Stock

                                       11
<PAGE>

         Appreciation Right, as prohibited by Section 6(a)(i) of the Plan or the
         repricing of Options or Stock Appreciation Rights, as prohibited by
         Section 6(g)(vii) of the Plan; or

                  (iv) would prevent the grant of Options or Stock Appreciation
         Rights that would qualify under Section 162(m) of the Code.

                                    (b) Amendments to Awards. The Committee may
                           waive any conditions of or rights of the Company
                           under any outstanding Award, prospectively or
                           retroactively. Except as otherwise provided herein or
                           in an Award Agreement, the Committee may not amend,
                           alter, suspend, discontinue or terminate any
                           outstanding Award, prospectively or retroactively, if
                           such action would adversely affect the rights of the
                           holder of such Award, without the consent of the
                           Participant or holder or beneficiary thereof. Except
                           as provided in Section 4(c) of the Plan, in no event
                           may the Board reprice any award without first
                           obtaining the approval of the stockholders of the
                           Company.

                                    (c) Correction of Defects, Omissions and
                           Inconsistencies. The Committee may correct any
                           defect, supply any omission or reconcile any
                           inconsistency in the Plan or any Award in the manner
                           and to the extent it shall deem desirable to carry
                           the Plan into effect.

SECTION 8. DEFERRED PAYMENTS

                  Subject to the terms of the Plan, the Committee may in its
sole discretion permit a Participant to defer all or a portion of any Award to a
Participant, whether it is to be paid in cash, shares of Common Stock or a
combination thereof. Deferrals shall be for such periods and upon such terms as
the Committee may determine in its sole discretion, provided, however, that such
deferral complies with the requirements of Section 409A of the Code.

SECTION 9. INCOME TAX WITHHOLDING

                  In order to comply with all applicable federal, state or local
income tax laws or regulations, the Company may take such action as it deems
appropriate to ensure that all applicable federal, state or local payroll,
withholding, income or other taxes, which are the sole and absolute
responsibility of a Participant, are withheld or collected from such
Participant. In order to assist a Participant in paying all or a portion of the
federal, state and local taxes to be withheld or collected upon exercise or
receipt of (or the lapse of restrictions relating to) an Award, the Committee,
in its discretion and subject to such additional terms and conditions as it may
adopt, may permit the Participant to satisfy such tax obligation by (a) electing
to have the Company withhold a portion of the Shares otherwise to be delivered
upon exercise or receipt of (or the lapse of restrictions relating to) such
Award with a Fair Market Value equal to the amount of such taxes (but only to
the extent of the minimum amount required to be withheld under applicable laws
or regulations) or (b) delivering to the Company Shares other than Shares
issuable upon exercise or receipt of (or the lapse of restrictions relating to)
such Award with a Fair Market Value equal to the amount of such taxes. The
election, if any, must be made on or before the date that the amount of tax to
be withheld is determined.

SECTION 10. CHANGE IN CONTROL

                  Upon a Change in Control, the following shall occur:

                  (a) Options and SARs. Effective on the date of such Change in
Control, all outstanding and unvested Options and Stock Appreciation Rights
granted under the Plan shall immediately vest. Notwithstanding anything to the
contrary contained therein, in the event that any

                                       12
<PAGE>

Option or Stock Appreciation Right granted under the Plan becomes unexercisable
during its term on or after a Change in Control because (i) the individual who
holds such Option or Stock Appreciation Right is terminated (other than for
cause) within two (2) years after the Change in Control or (ii) such Option or
Stock Appreciation Right is terminated or adversely modified, then the holder of
such Option or Stock Appreciation Right shall be immediately entitled to receive
a lump sum cash payment equal to the gain on such Option or Stock Appreciation
Right.

                  (b) Restricted Stock/Restricted Stock Units. Upon a Change in
Control, all Restricted Stock and Restricted Stock Units shall immediately vest
and be distributed to Participants, effective as of the date of the Change in
Control.

                  (c) Performance Awards. Each Performance Award granted under
the Plan that is outstanding on the date of the Change in Control shall
immediately vest, and the holder of such Performance Award shall be entitled to
a lump sum cash payment equal to the amount of such Performance Award payable at
the end of the Performance Period as if 100% of the Performance Goals have been
achieved.

                  (d) Timing of Payment. Any amount required to be paid pursuant
to this Section 10 shall be paid as soon as practical after the date such amount
becomes payable.

                  (e) Change in Control. For purposes of the Plan, a Change in
Control shall be deemed to have occurred if (i) any Person (other than the
Company) or group of Persons acting in concert is or becomes the "beneficial
owner" (as defined in Rule 13d-3 under the Exchange Act), directly or
indirectly, of securities of the Company which represent more than twenty-five
percent (25%) of the combined voting power of the Company's then outstanding
securities; (ii) during any period of two (2) consecutive years, individuals who
at the beginning of such period constitute the Board cease for any reason to
constitute at least a majority thereof, unless the election, or the nomination
for election, by the Company's stockholders, of each new director is approved by
a vote of at least two-thirds (2/3) of the directors then still in office who
were directors at the beginning of the period but excluding any individual whose
initial assumption of office occurs as a result of either an actual or
threatened election contest (as such term is used in Rule 14a-11 of Regulation
14A promulgated under the Exchange Act) or other actual or threatened
solicitation of proxies or consents by or on behalf of a Person other than the
Board; (iii) there is consummated any consolidation or merger of the Company in
which the Company is not the continuing or surviving corporation or pursuant to
which shares of Common Stock are converted into cash, securities or other
property, other than a merger of the Company in which the holders of Common
Stock immediately prior to the merger have the same proportionate ownership of
common stock of the surviving corporation immediately after the merger; (iv)
there is consummated any consolidation or merger of the Company in which the
Company is the continuing or surviving corporation in which the holders of
Common Stock immediately prior to the merger do not own more than fifty percent
(50%) of the voting capital stock of the surviving corporation immediately after
the merger; (v) there is consummated any sale, lease, exchange or other transfer
(in one transaction or a series of related transactions) of all, or
substantially all, of the assets of the Company; or (vi) the stockholders of the
Company approve any plan or proposal for the liquidation or dissolution of the
Company.

SECTION 11. GENERAL PROVISIONS

                  (a) No Rights to Awards. No Eligible Person or other Person
shall have any claim to be granted any Award under the Plan, and there is no
obligation for uniformity of treatment of Eligible Persons or holders or
beneficiaries of Awards under the Plan. The terms and conditions of Awards need
not be the same with respect to any Participant or with respect to different
Participants.

                  (b) Award Agreements. No Participant will have rights under an
Award granted to such Participant unless and until an Award Agreement shall have
been duly executed on behalf of the Company and, if requested by the Company,
signed by the Participant.

                                       13
<PAGE>

                  (c) Plan Provisions Control. In the event that any provision
of an Award Agreement conflicts with or is inconsistent in any respect with the
terms of the Plan as set forth herein or subsequently amended, the terms of the
Plan shall control.

                  (d) No Rights of Stockholders. Except with respect to Shares
of Restricted Stock as to which the Participant has been granted the right to
vote, neither a Participant nor the Participant's legal representative shall be,
or have any of the rights and privileges of, a stockholder of the Company with
respect to any Shares issuable to such Participant upon the exercise or payment
of any Award, in whole or in part, unless and until such Shares have been issued
in the name of such Participant or such Participant's legal representative
without restrictions thereto.

                  (e) No Limit on Other Compensation Arrangements. Nothing
contained in the Plan shall prevent the Company or any Affiliate from adopting
or continuing in effect other or additional compensation arrangements, and such
arrangements may be either generally applicable or applicable only in specific
cases.

                  (f) No Right to Employment. The grant of an Award shall not be
construed as giving a Participant the right to be retained in the employ, nor
will it affect in any way the right of the Company or an Affiliate to terminate
such employment at any time, with or without cause. In addition, the Company or
an Affiliate may at any time dismiss a Participant from employment free from any
liability or any claim under the Plan or any Award, unless otherwise expressly
provided in the Plan or in any Award Agreement. Nothing in the Plan shall confer
on any Person any legal or equitable right against the Company or any Affiliate,
directly or indirectly, or give rise to any cause of action at law or in equity
against the Company or an Affiliate. The Awards granted hereunder shall not form
any part of the wages or salary of any Eligible Person for purposes of severance
pay or termination indemnities, irrespective of the reason for termination of
employment. Under no circumstances shall any individual ceasing to be an
employee of the Company or any Affiliate be entitled to any compensation for any
loss of any right or benefit under the Plan which such employee might otherwise
have enjoyed but for termination of employment, whether such compensation is
claimed by way of damages for wrongful or unfair dismissal, breach of contract
or otherwise. By participating in the Plan, each Participant shall be deemed to
have accepted all the conditions of the Plan and the terms and conditions of any
rules and regulations adopted by the Committee and shall be fully bound thereby.

                  (g) Governing Law. The validity, construction, and effect of
the Plan or any Award, and any rules and regulations relating to the Plan or any
Award, shall be determined in accordance with the internal laws, and not the law
of conflicts, of the State of Missouri.

                  (h) Severability. If any provision of the Plan or any Award is
or becomes or is deemed to be invalid, illegal or unenforceable in any
jurisdiction or would disqualify the Plan or any Award under any law deemed
applicable by the Committee, such provision shall be construed or deemed amended
to conform to applicable laws, or if it cannot be so construed or deemed amended
without, in the determination of the Committee, materially altering the purpose
or intent of the Plan or the Award, such provision shall be stricken as to such
jurisdiction or Award, and the remainder of the Plan or any such Award shall
remain in full force and effect.

                  (i) No Trust or Fund Created. Neither the Plan nor any Award
shall create or be construed to create a trust or separate fund of any kind or a
fiduciary relationship between the Company or any Affiliate and an Eligible
Person or any other Person. To the extent that any Person acquires a right to
receive payments from the Company or any Affiliate pursuant to an Award, such
right shall be no greater than the right of any unsecured general creditor of
the Company or any Affiliate.

                  (j) Other Benefits. No compensation or benefit awarded to or
realized by any Participant under the Plan shall be included for the purpose of
computing such Participant's compensation under any compensation-based
retirement, disability or similar plan of the Company unless required by law or
otherwise provided by such other plan.

                                       14
<PAGE>

                  (k) No Fractional Shares. No fractional Shares shall be issued
or delivered pursuant to the Plan or any Award, and the Committee shall
determine whether cash shall be paid in lieu of any fractional Shares or whether
such fractional Shares or any rights thereto shall be canceled, terminated or
otherwise eliminated.

                  (l) Headings. Headings are given to the Sections and
subsections of the Plan solely as a convenience to facilitate reference. Such
headings shall not be deemed in any way material or relevant to the construction
or interpretation of the Plan or any provision thereof.

                  (m) Section 16 Compliance; Section 162 (m) Administration. The
Plan is intended to comply in all respects with Rule 16b-3 or any successor
provision, as in effect from time to time, and in all events the Plan shall be
construed in accordance with the requirements of Rule 16b-3. If any Plan
provision does not comply with Rule 16b-3 as hereafter amended or interpreted,
the provision shall be deemed inoperative. The Board of Directors, in its
absolute discretion, may bifurcate the Plan so as to restrict, limit or
condition the use of any provision of the Plan with respect to individuals who
are officers or directors subject to Section 16 of the Exchange Act without so
restricting, limiting or conditioning the Plan with respect to other Eligible
Persons. With respect to Options and Stock Appreciation Rights, the Company
intends to have the Plan administered in accordance with the requirements for
the award of "qualified performance-based compensation" within the meaning of
Section 162(m) of the Code.

                  (n) Conditions Precedent to Issuance of Shares. Shares shall
not be issued pursuant to the exercise or payment of the purchase price or
Exercise Price relating to an Award unless such exercise or payment and the
issuance and delivery of such Shares pursuant thereto shall comply with all
relevant provisions of law, including, without limitation, the Securities Act,
the Exchange Act, the rules and regulations promulgated thereunder, the
requirements of any applicable Stock Exchange and The General and Business
Corporation Law of Missouri. As a condition to the exercise or payment of the
purchase price or Exercise Price relating to such Award, the Company may require
that the Person exercising or paying the purchase price or Exercise Price
represent and warrant that the Shares are being purchased only for investment
and without any present intention to sell or distribute such shares if, in the
opinion of counsel for the Company, such a representation and warranty is
required by law.

                  (o) Nonexclusivity of the Plan. Neither the submission of the
Plan, the approval of the Plan by the stockholders of the Plan nor the failure
of such stockholders to approve the Plan shall in any way limit the power of the
Board to adopt such other incentive arrangements deemed desirable by it,
including without limitation, the awarding of cash bonuses, subject to any
stockholder approval as may be required by law, regulatory rules or the Nasdaq
Stock Market rules.

SECTION 12. DATE OF THE PLAN

                  The Plan shall be effective upon its adoption by the Board,
provided, however, that in the event the Plan is not approved by the
stockholders of the Company at the 2005 annual meeting of the stockholders of
the Company, the Plan will be terminated.

SECTION 13. TERM OF THE PLAN

                  No Award shall be granted under the Plan after the tenth
anniversary of the adoption of the Plan or any earlier date of discontinuation
or termination established pursuant to Section 7(a) of the Plan. However, unless
otherwise expressly provided in the Plan or in an applicable Award Agreement,
any Award theretofore granted may extend beyond such date, and the authority of
the Committee provided for hereunder with respect to the Plan and any Awards,
and the authority of the Board to amend the Plan, shall extend beyond the
termination of the Plan.

                                       15
<PAGE>

                                      PROXY

                               LMI AEROSPACE, INC.
                         ANNUAL MEETING OF SHAREHOLDERS
                                  JULY 7, 2005

The undersigned hereby appoints Ronald S. Saks, with full power of substitution,
or if Ronald S. Saks is unable or declines to exercise such rights hereunder,
the undersigned appoints Lawrence E. Dickinson, with full power of substitution,
the true and lawful attorney and proxy of the undersigned to vote all the shares
of Common Stock, $0.02 par value per share, of LMI Aerospace, Inc. owned by the
undersigned at the Annual Meeting of Shareholders to be held at the Four Points
Sheraton, 3400 Rider Trail South, St. Louis, Missouri 63045, beginning at 10:00
a.m. local time, Thursday, July 7, 2005, and at any adjournment thereof, on the
following items of business as set forth in the Notice of Annual Meeting and
Proxy Statement:

1.       ELECTION OF DIRECTORS:

         [ ]      FOR the nominee listed below (or such other person designated
                  by the Board of Directors to replace any unavailable nominee)

         [ ]      WITHHOLD AUTHORITY to vote for the nominee listed below

         Nominees: Sanford S. Neuman

2.       RATIFICATION OF THE ENGAGEMENT OF BDO SEIDMAN, LLP AS INDEPENDENT
         REGISTERED PUBLIC ACCOUNTING FIRM:

         [ ]      FOR              [ ]     AGAINST           [ ]      ABSTENTION

3.       ADOPTION OF THE LMI Aerospace, Inc. 2005 Long-Term Incentive Plan:

         [ ]      FOR              [ ]     AGAINST           [ ]      ABSTENTION

4.       OTHER MATTERS

         In his discretion with respect to the transaction of such other
         business as may properly come before the meeting.

                                       16
<PAGE>

THIS PROXY IS SOLICITED BY THE BOARD OF DIRECTORS. THE SHARES REPRESENTED BY
THIS PROXY WILL BE VOTED AS SPECIFIED. IF NO CHOICE IS SPECIFIED, THIS PROXY
WILL BE VOTED FOR THE DIRECTOR NOMINATED BY THE BOARD OF DIRECTORS, FOR THE
RATIFICATION OF BDO SEIDMAN, LLP, FOR THE APPROVAL OF THE LMI AEROSPACE, INC.
2005 LONG-TERM INCENTIVE PLAN AND IN THE DISCRETION OF THE PROXIES ON SUCH OTHER
MATTERS AS MAY PROPERLY COME BEFORE THE ANNUAL MEETING OR ANY ADJOURNMENTS OR
POSTPONEMENTS THEREOF.

                              DATE                                       , 2005
                                         -------------------------------

                              --------------------------------------------------

                              --------------------------------------------------

Please date and sign exactly as your name appears on the envelope. In the case
of joint holders, each should sign. When signing as attorney, executor, etc.,
give full title. If signer is a corporation, execute in full corporate name by
authorized officer.

                                       17<PAGE>

                                                                    EXHIBIT 10.1

                          STOCKHOLDER SUPPORT AGREEMENT

            STOCKHOLDER SUPPORT AGREEMENT (this "Agreement"), dated July 8,
2005, by and among McKesson Corporation, a Delaware corporation ("Parent"),
Spirit Acquisition Corporation, a Delaware corporation and wholly-owned
subsidiary of Parent ("Purchaser"), and certain stockholders of the Company (as
defined below) set forth on Schedule 1 hereto (each a "Stockholder" and,
collectively the "Stockholders").

            WHEREAS, each Stockholder is, as of the date hereof, the record and
beneficial owner of the number of shares of common stock, par value $0.01 per
share (the "Common Stock"), of D&K Healthcare Resources, Inc., a Delaware
corporation (the "Company"), set forth opposite the name of such Stockholder on
Schedule 1 hereto;

            WHEREAS, Parent, Purchaser and the Company have entered into an
Agreement and Plan of Merger, dated as of the date hereof (the "Merger
Agreement"), which provides, among other things, for Purchaser to conduct a
tender offer for all of the issued and outstanding shares of the Common Stock
(the "Offer") and the merger of Purchaser with and into the Company with the
Company continuing as the surviving corporation (the "Merger") upon the terms
and subject to the conditions set forth in the Merger Agreement (capitalized
terms used herein without definition shall have the respective meanings
specified in the Merger Agreement); and

            WHEREAS, as a condition to the willingness of Parent and Purchaser
to enter into the Merger Agreement and as an inducement and in consideration
therefor, the Stockholders have agreed to enter into this Agreement.

            NOW, THEREFORE, in consideration of the foregoing and the mutual
covenants and agreements set forth herein and in the Merger Agreement, and
intending to be legally bound hereby, the parties hereto agree as follows:

            SECTION 1. Representations and Warranties of the Stockholders. Each
Stockholder hereby represents and warrants to Parent and Purchaser, severally
and not jointly, as follows:

                  (a) Such Stockholder (i) is the record and beneficial owner of
the shares of Common Stock and options to acquire Common Stock (as may be
adjusted from time to time pursuant to Section 6, the "Shares") set forth
opposite his name on Schedule 1 to this Agreement and (ii) except as set forth
on Schedule 1, neither holds nor has any beneficial ownership interest in any
option or warrant to acquire shares of Common Stock or other right or security
convertible into or exercisable or exchangeable for shares of Common Stock.

                  (b) Such Stockholder has the legal capacity to execute and
deliver this Agreement and to consummate the transactions contemplated hereby.

<PAGE>

                  (c) This Agreement has been validly executed and delivered by
such Stockholder and constitutes the legal, valid and binding obligation of such
Stockholder, enforceable against such Stockholder in accordance with its terms,
except (i) as limited by applicable bankruptcy, insolvency, reorganization,
moratorium and other laws of general application affecting enforcement of
creditors' rights generally, and (ii) the availability of the remedy of specific
performance or injunctive or other forms of equitable relief may be subject to
equitable defenses and would be subject to the discretion of the court before
which any proceeding therefor may be brought.

                  (d) Neither the execution and delivery of this Agreement nor
the consummation by such Stockholder of the transactions contemplated hereby
will result in a violation of, or a default under, or conflict with, any
contract, trust, commitment, agreement, understanding, arrangement or
restriction of any kind to which such Stockholder is a party or by which such
Stockholder or such Stockholder's assets are bound. The consummation by such
Stockholder of the transactions contemplated hereby will not violate, or require
any consent, approval, or notice under, any provision of any judgment, order,
decree, statute, law, rule or regulation applicable to such Stockholder.

                  (e) The Shares and the certificates representing the Shares
owned by such Stockholder are now, and at all times during the term hereof will
be, held by such Stockholder, or by a nominee or custodian for the benefit of
such Stockholder, free and clear of all liens, claims, security interests,
proxies, voting trusts or agreements, options, rights, understandings or
arrangements or any other encumbrances or restrictions whatsoever on title,
transfer, or exercise of any rights of a stockholder in respect of such Shares
(collectively, "Encumbrances"), except for any such Encumbrances arising
hereunder and restrictions applicable to employees stock options and restricted
stock grants pursuant to the terms of such options and grants.

            SECTION 2. Representations and Warranties of Parent and Purchaser.
Each of Parent and Purchaser hereby, jointly and severally, represents and
warrants to the Stockholders as follows:

                  (a) Each of Parent and Purchaser is a corporation duly
organized, validly existing and in good standing under the laws of the State of
Delaware, and each of Parent and Purchaser has all requisite corporate power and
authority to execute and deliver this Agreement and to consummate the
transactions contemplated hereby, and has taken all necessary corporate action
to authorize the execution, delivery and performance of this Agreement.

                  (b) This Agreement has been duly authorized, executed and
delivered by each of Parent and Purchaser, and constitutes the legal, valid and
binding obligation of each of Parent and Purchaser, enforceable against each of
them in accordance with its terms, except (i) as limited by applicable
bankruptcy, insolvency, reorganization, moratorium and other laws of general
application affecting enforcement of creditors' rights generally and (ii) the
availability of the remedy of specific performance or injunctive or other forms
of equitable relief may be subject to equitable

<PAGE>

defenses and would be subject to the discretion of the court before which any
proceeding therefor may be brought.

            SECTION 3. Tender of the Shares. Each Stockholder hereby agrees that
(a) he shall tender his Shares (other than unexercised options and other than
any shares of restricted stock that have not vested as of the date of
determination under the terms of any restricted stock grant agreement between
the Company and such Stockholder) into the Offer as promptly as practicable, and
in any event no later than the fifth business day, following the commencement of
the Offer pursuant to Section 2.01 of the Merger Agreement, free and clear of
all Encumbrances (except for any such Encumbrances arising hereunder) and (b) he
shall not withdraw any Shares so tendered unless the Offer is terminated or has
expired without Purchaser purchasing all shares of Common Stock validly tendered
in the Offer.

            SECTION 4. Transfer of the Shares.

                  (a) Prior to the termination of this Agreement, except as
otherwise provided herein or as consented to in writing by Parent, none of the
Stockholders shall, and, if applicable, shall cause each of their subsidiaries
not to: (a) transfer, assign, sell, gift-over, pledge or otherwise dispose
(whether by sale, liquidation, dissolution, dividend or distribution) of, create
or suffer to exist any Encumbrances (except for any such Encumbrances arising
hereunder) on, or consent to any of the foregoing ("Transfer") with respect to,
any or all of the Shares or any right or interest therein; (b) enter into any
contract, option or other agreement, arrangement or understanding with respect
to any Transfer; (c) grant any proxy, power-of-attorney or other authorization
or consent with respect to any of the Shares; (d) deposit any of the Shares into
a voting trust, or enter into a voting agreement or arrangement with respect to
any of the Shares or (e) directly or indirectly take or cause the taking of any
other action that would in any way restrict, limit or interfere with the
performance of such Stockholder's obligations hereunder or the transactions
contemplated hereby.

                  (b) Each Stockholder agrees, if requested by Parent, to
surrender to the Company, or to the transfer agent for the Company, certificates
evidencing the Shares, and shall cause the Company or the transfer agent for the
Company to place the following legend on any and all certificates evidencing the
Shares:

            THE SHARES OF COMMON STOCK REPRESENTED BY THIS CERTIFICATE ARE
            SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFER PURSUANT TO THAT CERTAIN
            STOCKHOLDER SUPPORT AGREEMENT, DATED AS OF JULY 8, 2005, BY AND
            AMONG MCKESSON CORPORATION, SPIRIT ACQUISITION CORPORATION AND
            CERTAIN STOCKHOLDERS OF D&K HEALTHCARE RESOURCES, INC. ANY TRANSFER
            OF SUCH SHARES OF COMMON STOCK IN VIOLATION OF THE TERMS AND
            PROVISIONS OF SUCH

                                       3
<PAGE>

            AGREEMENT SHALL BE NULL AND VOID AND OF NO EFFECT WHATSOEVER.

                  (c) Upon receipt of payment in full for any of its Shares
tendered pursuant to the Offer, each Stockholder agrees that any and all rights
incident to its ownership of Shares (including any rights to recover amounts, if
any, that may be determined to be due to any stockholder or former stockholders
of the Company), including but not limited to rights arising out of such
Stockholder's ownership of such Shares prior to the transfer of such Shares to
Purchaser pursuant to the Offer, shall be transferred to Purchaser.

            SECTION 5. Grant of Irrevocable Proxy; Appointment of Proxy.

                  (a) Each Stockholder hereby irrevocably grants to, and
appoints, Parent and any designee thereof, such Stockholder's proxy and
attorney-in-fact (with full power of substitution), for and in the name, place
and stead of such Stockholder, to vote the Shares, or to grant a consent or
approval in respect of the Shares, in connection with any meeting of the
stockholders of the Company or any action by written consent in lieu of a
meeting of stockholders of the Company (i) in favor of the Merger or any other
transaction pursuant to which Parent proposes to acquire the Company, whether by
tender offer, merger, or otherwise, in which stockholders of the Company would
receive consideration per share of Common Stock equal to or greater than the
consideration to be received by such stockholders in the Offer and the Merger,
and/or (ii) against any action or agreement which would impede, interfere with
or prevent the Merger, including, but not limited to, any other extraordinary
corporate transaction, including, a merger, acquisition, sale, consolidation,
reorganization or liquidation involving the Company and a third party, or any
other proposal of a third party to acquire the Company.

                  (b) Such Stockholder represents that any proxies heretofore
given in respect of the Shares, if any, are revocable, and hereby revokes such
proxies.

                  (c) Such Stockholder hereby affirms that the irrevocable proxy
set forth in this Section 5 is given in connection with the execution of the
Merger Agreement, and that such irrevocable proxy is given to secure the
performance of the duties of such Stockholder under this Agreement. Such
Stockholder hereby further affirms that the irrevocable proxy is coupled with an
interest and, except as set forth in this Section or in Section 9, is intended
to be irrevocable in accordance with the provisions of Section 212 of the
Delaware General Corporations Law ("DGCL"). If for any reason the proxy granted
herein is not irrevocable, then such Stockholder agrees to vote his or its
Shares in accordance with Section 5(a) above as instructed by Parent in writing.
The parties agree that the foregoing is a voting agreement created under Section
218 of the DGCL.

            SECTION 6. Certain Events.

            In the event of any change in the Common Stock by reason of a stock
dividend, stock split, split-up, recapitalization, reorganization, business
combination,

                                        4
<PAGE>

consolidation, exchange of shares, or any similar transaction or other change in
the capital structure of the Company affecting the Common Stock or the
acquisition of additional shares of Common Stock or other securities or rights
of the Company by any Stockholder (whether through the exercise of any options,
warrants or other rights to purchase shares of Common Stock or otherwise): (a)
the number of Shares owned by such Stockholder shall be adjusted appropriately
and (b) this Agreement and the obligations hereunder shall attach to any
additional shares of Common Stock or other securities or rights of the Company
issued to or acquired by each of the Stockholders.

            SECTION 7. Non-Solicitation.

            Each Stockholder agrees that it shall immediately cease and cause to
be terminated all existing activities, discussions or negotiations with any
persons with respect to the possibility or consideration of any Acquisition
Proposal. Such Stockholder shall not and shall not authorize or permit its
representatives (including, without limitation, investment bankers, financial
advisors, attorneys, accountants or other representatives (collectively, the
"Representatives")) to directly or indirectly (i) solicit, initiate or encourage
(including by way of furnishing information or assistance), or take any other
action to facilitate or encourage any inquiries or the making of any proposal
that constitutes, or is reasonably likely to lead to, any Acquisition Proposal,
(ii) participate in any discussions or negotiations regarding, or provide any
nonpublic information or data to any person relating to, any Acquisition
Proposal or (iii) enter into any agreement with respect to any Acquisition
Proposal. Any violation of the foregoing restrictions by any of the Stockholders
or their respective Representatives, whether or not such Stockholder or
Representative is so authorized by the Company or by any other Stockholder and
whether or not such Stockholder or Representative is purporting to act on behalf
of the Company, any Stockholder or Stockholders or otherwise, shall be deemed to
be a breach of this Agreement by each Stockholder. It is understood that this
Section 7 limits the rights of each Stockholder only to the extent that such
Stockholder is acting in such Stockholder's capacity as a stockholder. Nothing
herein shall be construed as preventing a Stockholder who is an officer or
director of the Company from fulfilling the obligations of such office
(including, subject to the limitations contained in Section 7.04 of the Merger
Agreement, the performance of obligations required by the fiduciary obligations
of such Stockholder acting solely in his or her capacity as an officer or
director).

            SECTION 8. Further Assurances. Each Stockholder shall, upon request
of Parent or Purchaser, execute and deliver any additional documents and take
such further actions as may reasonably be deemed by Parent or Purchaser to be
necessary or desirable to carry out the provisions hereof and to vest in Parent
the power to vote the Shares as contemplated by Section 5.

            SECTION 9. Termination. This Agreement, and all rights and
obligations of the parties hereunder, shall terminate immediately upon the
earlier of (a) six months following the termination of the Merger Agreement in
accordance with its terms or (b) the Effective Time; provided, however, that
Sections 8 and 10 shall survive any termination of this Agreement.

                                        5
<PAGE>

            SECTION 10. Expenses. All fees, costs and expenses incurred in
connection with this Agreement and the transactions contemplated hereby shall be
paid by the party incurring such fees, costs and expenses.

            SECTION 11. Public Announcements. Parent, Purchaser and Stockholder
agree that no public release or announcement with respect to this Agreement or
the transactions contemplated hereby shall be issued by any party without the
prior consent of the other parties (which consent shall not be unreasonably
withheld), except as such release or announcement may be required by Law or the
rules or regulations of any United States securities exchange or Nasdaq, in
which case the party required to make the release or announcement shall use its
reasonable efforts to allow the other parties time to comment on such release or
announcement in advance of such issuance.

            SECTION 12. Miscellaneous.

                  (a) Notices. All notices, requests, claims, demands and other
communications hereunder shall be in writing and shall be delivered by hand or
sent by telecopy or by registered or certified mail (postage prepaid, return
receipt requested) or express mail or reputable overnight courier service to the
respective parties and shall be deemed given when so delivered by hand or
telecopied, or if mailed, three days after mailing (one business day in the case
of overnight mail or overnight courier service) to the respective parties at the
following addresses (or at such other address for a party as shall be specified
in a notice given in accordance with this Section 12):

            If to any of the Stockholders, at the address set forth opposite the
            name of such Stockholder on Schedule 1 hereto:

            with a copy to:

            Armstrong Teasdale LLP
            One Metropolitan Square, Suite 2600
            211 North Broadway
            St. Louis, Missouri 63102
            Attention: John Gillis, Esq.
            Telephone: (314) 342-8007
            Facsimile: (314) 612-2248

            and

            If to Parent or Purchaser, to:

            McKesson Corporation
            One Post Street
            San Francisco, California 94104
            Attention: General Counsel
            Telephone: (415) 983-8300
            Facsimile: (415) 983-8826

                                        6
<PAGE>

            with a copy to:

            Skadden, Arps, Slate, Meagher & Flom LLP
            525 University Avenue, Suite 1100
            Palo Alto, California  94301
            Attention:  Kenton J. King, Esq.
            Telephone:(650) 470-4500
            Facsimile:(650) 470-4570

                  (b) Headings. The descriptive headings contained in this
Agreement are included for convenience of reference only and shall not affect in
any way the meaning or interpretation of this Agreement.

                  (c) Counterparts. This Agreement may be executed and delivered
(including by facsimile transmission) in two or more counterparts, and by the
different parties hereto in separate counterparts, each of which when executed
shall be deemed to be an original but all of which taken together shall
constitute one and the same agreement.

                  (d) Entire Agreement; Assignment. This Agreement constitutes
the entire agreement among the parties with respect to the subject matter hereof
and supersedes all prior agreements and undertakings, both written and oral,
among the parties, or any of them, with respect to the subject matter hereof.
This Agreement shall not be assigned (whether pursuant to a merger, by operation
of law or otherwise), except that Parent and Purchaser may assign all or any of
their rights and obligations hereunder to any affiliate of Parent, provided that
no such assignment shall relieve the assigning party of its obligations
hereunder if such assignee does not perform such obligations. Any assignment
made in violation of this Section 12(d) shall be void.

                  (e) Governing Law. This Agreement shall be governed by, and
construed in accordance with, the laws of the State of Delaware applicable to
contracts executed in and to be performed in that State. Each of the parties
hereby irrevocably and unconditionally consents to submit to the exclusive
jurisdiction of the Court of Chancery of the State of Delaware, and any
appellate court thereof, for any litigation arising out of or relating to this
Agreement or the transactions contemplated hereby, to the extent the Court of
Chancery has jurisdiction over the claims alleged in such litigation, or, if the
Court of Chancery does not have jurisdiction over the claims alleged in such
litigation, the courts of the State of Delaware and of the United States of
America located in the State of Delaware, and each of the parties hereby
irrevocably and unconditionally (i) agrees not to commence any such litigation
except in such courts, (ii) waives any objection to the laying of venue of any
such litigation in such Delaware courts and (iii) agrees not to plead or claim
in any Delaware court that such litigation brought therein has been brought in
an inconvenient forum. Each party to this Agreement irrevocably consents to
service of process in the manner provided for notices in Section 12. Nothing

                                        7
<PAGE>

in this Agreement will affect the right of any party to this Agreement to serve
process in any other manner permitted by Law.

                  (f) Waiver of Jury Trial. EACH PARTY HEREBY IRREVOCABLY AND
UNCONDITIONALLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF
ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS
AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. EACH PARTY CERTIFIES AND
ACKNOWLEDGES THAT (A) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY
HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE
EVENT OF LITIGATION, SEEK TO ENFORCE SUCH WAIVER, (B) IT UNDERSTANDS AND HAS
CONSIDERED THE IMPLICATIONS OF SUCH WAIVER, (C) IT MAKES SUCH WAIVER
VOLUNTARILY, AND (D) IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG
OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 12.

                  (g) Severability. If any term or other provision of this
Agreement is invalid, illegal or incapable of being enforced by any rule of law,
or public policy, all other conditions and provisions of this Agreement shall
nevertheless remain in full force and effect so long as the economic or legal
substance of the transactions contemplated by this Agreement is not affected in
any manner materially adverse to any party. Upon such determination that any
term or other provision is invalid, illegal or incapable of being enforced, the
parties hereto shall negotiate in good faith to modify this Agreement so as to
effect the original intent of the parties as closely as possible in a mutually
acceptable manner in order that the transactions contemplated by this Agreement
be consummated as originally contemplated to the fullest extent possible.

                  (h) Specific Performance. The parties hereto agree that
irreparable damage would occur in the event any provision of this Agreement were
not performed in accordance with the terms hereof and that the parties shall be
entitled to specific performance of the terms hereof, in addition to any other
remedy at law or equity.

                  (i) Amendment. No amendment, modification or waiver in respect
of this Agreement shall be effective against any party unless it shall be in
writing and signed by such party.

                  (j) Parties in Interest. This Agreement shall be binding upon
and inure solely to the benefit of each party hereto, and nothing in this
Agreement, express or implied, is intended to or shall confer upon any other
person any right, benefit or remedy of any nature whatsoever under or by reason
of this Agreement.

                                        8
<PAGE>

            IN WITNESS WHEREOF, Parent, Purchaser and the Stockholders have
caused this Agreement to be duly executed and delivered as of the date first
written above.

                                      MCKESSON CORPORATION

                                      By: /s/ Marc E. Owen
                                          -------------------------------------
                                      Name:  Marc E. Owen
                                      Title: Executive Vice President Corporate
                                             Strategy and Business Development

                                      SPIRIT ACQUISITION CORPORATION

                                      By: /s/ Kristina Veaco
                                          -------------------------------------
                                      Name:  Kristina Veaco
                                      Title: Vice President and Secretary

<PAGE>

                                      STOCKHOLDER

                                      /s/  Richard F. Ford
                                      ------------------------------------------

                                      Please Print Name:

                                        Richard F. Ford

  SIGNATURE PAGE TO STOCKHOLDERS AGREEMENT FOR STOCKHOLDERS WHO ARE INDIVIDUALS

<PAGE>

                                      STOCKHOLDER

                                      /s/  Harvey C. Jewett
                                      ------------------------------------------

                                      Please Print Name:

                                        Harvey C. Jewett

  SIGNATURE PAGE TO STOCKHOLDERS AGREEMENT FOR STOCKHOLDERS WHO ARE INDIVIDUALS
<PAGE>

                                   STOCKHOLDER

                                   /s/ Bryan H. Lawrence
                                   -----------------------------

                                   Please Print Name:

                                       Bryan H. Lawrence

  SIGNATURE PAGE TO STOCKHOLDERS AGREEMENT FOR STOCKHOLDERS WHO ARE INDIVIDUALS

<PAGE>

                                   STOCKHOLDER

                                   /s/ Thomas F. Patton
                                   -----------------------------

                                   Please Print Name:

                                       Thomas F. Patton

  SIGNATURE PAGE TO STOCKHOLDERS AGREEMENT FOR STOCKHOLDERS WHO ARE INDIVIDUALS

<PAGE>

                                   STOCKHOLDER

                                   /s/ Mary Ann Van Lokeren
                                   -----------------------------

                                   Please Print Name:

                                       Mary Ann Van Lokeren

  SIGNATURE PAGE TO STOCKHOLDERS AGREEMENT FOR STOCKHOLDERS WHO ARE INDIVIDUALS

<PAGE>

                                   STOCKHOLDER

                                   /s/ J. Hord Armstrong, III
                                   -----------------------------

                                   Please Print Name:

                                       J. Hord Armstrong, III

  SIGNATURE PAGE TO STOCKHOLDERS AGREEMENT FOR STOCKHOLDERS WHO ARE INDIVIDUALS

<PAGE>

                                   STOCKHOLDER

                                   /s/ Martin D. Wilson
                                   -----------------------------

                                   Please Print Name:

                                       Martin D. Wilson

  SIGNATURE PAGE TO STOCKHOLDERS AGREEMENT FOR STOCKHOLDERS WHO ARE INDIVIDUALS

<PAGE>

                                   STOCKHOLDER

                                   /s/ Thomas S. Hilton
                                   -----------------------------

                                   Please Print Name:

                                       Thomas S. Hilton

  SIGNATURE PAGE TO STOCKHOLDERS AGREEMENT FOR STOCKHOLDERS WHO ARE INDIVIDUALS

<PAGE>

                                   STOCKHOLDER

                                   /s/ Richard A. Keffer
                                   -----------------------------

                                   Please Print Name:

                                       Richard A. Keffer

  SIGNATURE PAGE TO STOCKHOLDERS AGREEMENT FOR STOCKHOLDERS WHO ARE INDIVIDUALS

<PAGE>

                                   STOCKHOLDER

                                   /s/ E. G. Petrella
                                   -----------------------------

                                   Please Print Name:

                                       E. G. Petrella

  SIGNATURE PAGE TO STOCKHOLDERS AGREEMENT FOR STOCKHOLDERS WHO ARE INDIVIDUALS

170892-San Francisco Server 1A - MSW
<PAGE>

                                   STOCKHOLDER

                                   /s/ Brian G. Landry
                                   -----------------------------

                                   Please Print Name:

                                       Brian G. Landry

  SIGNATURE PAGE TO STOCKHOLDERS AGREEMENT FOR STOCKHOLDERS WHO ARE INDIVIDUALS

170892-San Francisco Server 1A - MSW
<PAGE>

                                   SCHEDULE 1

D&K HEALTHCARE RESOURCES
OUTSTANDING OPTIONS AND RESTRICTED SHARES FOR DIRECTORS AND EXEC. OFFICERS
AT JULY 8, 2005

<TABLE>
<CAPTION>
                                                            Owned
                     Options     Restricted Shares          Shares
                     -------     -----------------         -------
<S>                  <C>         <C>                       <C>
RICHARD FORD          35,000              -                 14,500

HARVEY JEWETT         35,000              -                300,000

BRYAN LAWRENCE        35,000              -                 56,636

THOMAS PATTON         28,334              -                  3,890

MAY ANN VAN LOKEREN   15,000              -                  1,000

HORD ARMSTRONG       370,000        116,150                532,294

MARTIN WILSON        292,332         80,380                 10,500

THOMAS HILTON        118,700         26,160                  9,500

RICHARD KEFFER             -          7,500                      -

ED PETRELLA           48,000         13,097                      -

BRIAN LANDRY          95,000         13,709                  7,000
</TABLE>

For purposes of Section 12(a) of this Agreement, the address for each
Stockholder on this Schedule 1 shall be:

D&K Healthcare Resources, Inc.
8235 Forsyth Boulevard
St. Louis, Missouri 63105

170892-San Francisco Server 1A - MSW

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