Document:

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                                                                   EXHIBIT 10(d)

                              BIG LOTS STORES, INC.
                          DEFINED BENEFIT PENSION PLAN

                                                         AS AMENDED AND RESTATED
                                         Effective January 1, 1997, with further
                                              amendments through January 1, 2002

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                                TABLE OF CONTENTS

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<S>                                                                               <C>
BIG LOTS STORES, INC. DEFINED BENEFIT PLAN..................................       1

ARTICLE I...................................................................       2

   DEFINITIONS..............................................................       2
     Section 1.1 - Actuarial (or Actuarially) Equivalent....................       2
     Section 1.2 - Actuary..................................................       3
     Section 1.3 - Approved Absence.........................................       3
     Section 1.4 - Beneficiary/Designated Beneficiary.......................       3
     Section 1.5 - Board....................................................       3
     Section 1.6 - Break in Service.........................................       3
     Section 1.7 - Code.....................................................       3
     Section 1.8 - Committee................................................       3
     Section 1.9 - Company..................................................       3
     Section 1.10 Compensation..............................................       4
     Section 1.11 - Computation Period......................................       5
     Section 1.12 - Contingent Annuitant....................................       5
     Section 1.13 - Continuous Employment...................................       5
     Section 1.14 - Effective Date..........................................       5
     Section 1.15 - Eligible Spouse.........................................       5
     Section 1.16 - Employee................................................       6
     Section 1.17 - Employer................................................       6
     Section 1.18 - Employment Commencement.................................       7
     Section 1.19 - ERISA...................................................       7
     Section 1.20 - Fiduciary...............................................       7
     Section 1.21 - Highly Compensated Employee.............................       7
     Section 1.22 - Investment Manager......................................       8
     Section 1.23 - Participant.............................................       8
     Section 1.24 - Pension.................................................       9
     Section 1.25 - Period-Certain and Life Option..........................      11
     Section 1.26 - Plan....................................................      11
     Section 1.27 - Plan Administrator......................................      11
     Section 1.28 - Plan Year...............................................      11
     Section 1.29 - Related Company.........................................      11
     Section 1.30 - Retirement..............................................      12
     Section 1.31 - Service.................................................      13
     Section 1.32 - Trust (or Trust Agreement)..............................      15
     Section 1.33 - Trust Fund..............................................      15
     Section 1.34 - Trustee(s)..............................................      15

ARTICLE II..................................................................      16

   PARTICIPATION............................................................      16
     Section 2.1 - Eligibility..............................................      16
     Section 2.2 - Conditions of Participation..............................      17
     Section 2.3 - Change in Employment Status..............................      18
     Section 2.4 - Inclusion and Withdrawal of Participating Employers......      19

ARTICLE III.................................................................      20

   SERVICE AND CREDITED SERVICE.............................................      20
     Section 3.1 - Continuous Employment (Vesting and Benefit Accrual)......      20
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<S>                                                                               <C>
     Section 3.2 - Service (Benefit Vesting)................................      20
     Section 3.3 - Credited Service (Benefit Accrual).......................      21
     Section 3.4 - Break in Service (Vesting and Benefit Accrual)...........      21
     Section 3.5 - Reemployment of a Retired Participant....................      22
     Section 3.6 - Military Service.........................................      22

ARTICLE IV..................................................................      24

   REQUIREMENTS FOR RETIREMENT BENEFITS.....................................      24
     Section 4.1 - Normal Retirement........................................      24
     Section 4.2 - Early Retirement.........................................      24
     Section 4.3 - Late Retirement..........................................      24
     Section 4.4 - Disability Pension.......................................      25
     Section 4.5 - Deferred Vested Pension..................................      25
     Section 4.6 - Retirement While on Leave of Absence.....................      26

ARTICLE V...................................................................      27

   AMOUNT OF RETIREMENT OR PENSION INCOME...................................      27
     Section 5.1 - Normal Retirement Pension................................      27
     Section 5.2 - Early Retirement Pension.................................      28
     Section 5.3 - Late Retirement Pension..................................      29
     Section 5.4 - Disability Pension.......................................      29
     Section 5.5 - Deferred Vested Pension..................................      29
     Section 5.6 - No Duplication of Benefits...............................      30
     Section 5.7 - Benefit Coordination With Other Plans....................      30
     Section 5.8 - Benefit Commencement.....................................      31
     Section 5.9 - Top-Heavy................................................      32

ARTICLE VI..................................................................      33

   DEATH BENEFITS...........................................................      33
     Section 6.1 - Death Benefit............................................      33
     Section 6.2 - Eligible Participants and Determination of Applicable
                   Death Benefits...........................................      33

ARTICLE VII.................................................................      35

   FORM OF PENSION PAYMENT AND OPTIONAL BENEFITS............................      35
     Section 7.1 - Normal Form of Pension Payment...........................      35
     Section 7.2 - Qualified Joint and Survivor Pension.....................      35
     Section 7.3 - Optional Forms of Pension................................      36
     Section 7.4 - Conditions Regarding Optional Forms of Pension...........      37

ARTICLE VIII................................................................      40

   PLAN FINANCING...........................................................      40
     Section 8.1 - Contributions............................................      40
     Section 8.2 - Funding Policy and Method................................      40
     Section 8.3 - Trust Fund...............................................      40
     Section 8.4 - Single Plan..............................................      40

ARTICLE IX..................................................................      42

   ADMINISTRATION...........................................................      42
     Section 9.2 - Indemnification..........................................      42
     Section 9.3 - Appointment of Committee.................................      42
     Section 9.4 - Records and Reports......................................      43
     Section 9.5 - Other Committee Powers and Duties........................      43
     Section 9.6 - Rules and Decisions......................................      44
     Section 9.7 - Committee Procedures.....................................      45
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     Section 9.8 - Authorization of Benefit Payments........................      45
     Section 9.9 - Application and Forms for Pension........................      45
     Section 9.10 - Facility of Payment.....................................      45
     Section 9.11 - Claims Procedure........................................      46
     Section 9.12 - Appeal and Review Procedure.............................      46
     Section 9.13 - Evidence................................................      47
     Section 9.14 - Limitation Regarding Small Payments.....................      47
     Section 9.15 - Underwriting of Benefits................................      47
     Section 9.16 - Misstatement in Application for Benefits................      47
     Section 9.17 - Beneficiary Designation.................................      47

ARTICLE X...................................................................      49

   AMENDMENT, RIGHT TO TERMINATE AND ACTION BY EMPLOYER.....................      49
     Section 10.1 - Right to Amend..........................................      49
     Section 10.2 - Right to Discontinue Benefit Accrual....................      50
     Section 10.3 - Right to Terminate......................................      50
     Section 10.4 - Action by Employer......................................      50

ARTICLE XI..................................................................      51

   SUCCESSOR EMPLOYER AND MERGER OR CONSOLIDATION OF PLANS..................      51
     Section 11.1 - Successor Employer......................................      51
     Section 11.2 - Merger..................................................      51

ARTICLE XII.................................................................      53

   MISCELLANEOUS PROVISIONS.................................................      53
     Section 12.1 - Nonguarantee of Employment..............................      53
     Section 12.2 - Rights to Trust Assets..................................      53
     Section 12.3 - Disallowance of Contribution Deduction..................      54
     Section 12.4 - Mistake of Fact.........................................      54

ARTICLE XIII................................................................      55

   GENERAL PROVISIONS.......................................................      55
     Section 13.1 - Construction............................................      55
     Section 13.2 - Controlling Law.........................................      55
     Section 13.3 - Effect of Invalidity of Provision.......................      55
     Section 13.4 - Execution - Number of Copies............................      55

SCHEDULE I..................................................................      56

   TERMINATION OF PLAN......................................................      56
     Section 1 - Effect on Participants.....................................      56
     Section 2 - Allocation of Assets.......................................      56
     Section 3 - Distribution of Assets.....................................      56
     Section 4 - Residual Amounts...........................................      56

SCHEDULE II.................................................................      57

   LIMITATION ON BENEFITS...................................................      57
     Section 1 - Basic Limitation...........................................      57
     Section 2 - Adjustments to Basic Limitation............................      58
     Section 3 - Dual Plan Limitation.......................................      60
     Section 4 - Provisions for Excess Benefit..............................      60
     Section 5 - Average Annual Earnings....................................      61

SCHEDULE III................................................................      62

   PARTICIPATING EMPLOYERS..................................................      62
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     Section 1 - Participating Employers as of the Effective Date...........      62

SCHEDULE IV.................................................................      63

   TOP-HEAVY PROVISIONS.....................................................      63
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                   BIG LOTS STORES, INC. DEFINED BENEFIT PLAN

Effective as of September 17, 1974, Consolidated Stores Corporation (the
"Company"), formerly known as Consolidated International, Inc., adopted the
Consolidated Stores Corporation Defined Benefit Pension Plan (the "Plan") and
executed a trust agreement to provide retirement benefits for certain of its
employees.

The Plan was further amended and restated as of March 1, 1976, April 1, 1983 and
again as of January 1, 1989, each amendment and restatement being a continuation
of the original Plan.

Effective as of January 1, 1997, the Company adopted the amended and restated
Plan as set forth herein as a continuation of the prior Plan.

Effective May 16, 2001, the name of the Company changed to Big Lots Stores, Inc.
and effective as of such date the name of the Plan changed to Big Lots Stores
Defined Benefit Pension Plan.

The Trust Agreement which was established by the agreement executed on September
17, 1974, as amended, and as further amended and restated effective March 1,
1976 and April 1, 1983, is intended to be a part of this Plan.

The Plan is intended to meet the requirements of Internal Code Section 401(a),
and the Employee Retirement Income Security Act of 1974, as either may be
amended.

The provisions of this Plan will apply only to an Employee who becomes a
Participant and who terminates employment on and after January 1, 1997. The
rights and benefits, if any, of a former employee will be determined in
accordance with the provisions of the Plan as in effect on the date his
employment terminated.

Schedule I (Termination of Plan), Schedule II (Limitation on Benefits), Schedule
III (Participating Employers), Schedule IV (Limitations on Predecessor
Employment), and Schedule IV (Top-Heavy Provisions) attached to this Plan are
incorporated herein by reference and are a part hereof.

                                       1

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                                    ARTICLE I

                                   DEFINITIONS

The following words and phrases, when used in this Plan, unless the context
clearly indicates otherwise, will have the following meanings:

Section 1.1 - Actuarial (or Actuarially) Equivalent

A form of benefit differing in time, period or manner of payment from a specific
benefit provided under the Plan but being of the same computed value. For
determining the amount of any Actuarial Equivalent, except for a lump sum, the
mortality table is the U P - 1984 Mortality Table; the interest rate will be the
interest rate specified by the Pension Benefit Guaranty Corporation to value
immediate or deferred annuities, as applicable, in connection with pension plan
terminations as in effect on the date of benefit commencement.

The following factors will be applied to calculate the amount of any lump sum:

         (A)      MORTALITY: The mortality table specified in Revenue Ruling
                  95-6 based upon a fixed blend of fifty percent (50%) of the
                  male mortality rates and fifty percent (50%) of the female
                  mortality rates from the 1983 Group Annuity Mortality Table:

         (B)      INTEREST: The rate paid on thirty (30) year Treasury Bills as
                  determined during the third month before the date of
                  distribution.

For purposes of determining the Actuarial Value of the amount of any lump sum
benefits and benefits related to a Qualified Domestic Relations Order as defined
above calculated on and after April 1, 2002, the following assumptions shall
apply:

         (C)      MORTALITY: The table prescribed by the Secretary of the
                  Treasury, such table being based on the prevailing
                  commissioners' standard table (described in Code Section
                  807(d)(5)(A), currently the 1983 Group Annuity Mortality
                  Table) used to determine reserves for group annuity contracts
                  issued on the date as of which present value is being
                  determined.

         (D)      INTEREST: The annual rate of interest on thirty (30) year
                  Treasury securities, averaged over all business days in the
                  second calendar month prior to the first day of the Plan Year
                  in which the date of distribution occurs.

Notwithstanding any provision to the contrary, for the twelve month period
beginning on April 1, 2002 and ending on March 31, 2003, lump-sum amounts shall
be calculated using the mortality table provided in (c) above and the interest
rate provided in either (b) or (d) above, whichever produces the greater amount.

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The interest and mortality factors stated in (a) and (b) are effective for
purposes of determining limitations on benefits under Schedule II of the Plan
for the limitation year beginning in 1995 in accordance with Revenue Ruling
98-1, Q&A 14, Method 1. For purposes other than Schedule II, these provisions
are effective April 1, 2002.

Section 1.2 - Actuary

An independent, qualified actuary who is a Fellow of the Society of Actuaries
and an enrolled actuary pursuant to the provisions of ERISA, selected by the
Company, or a firm of independent actuaries selected by the Company at least one
of whose members meets the preceding requirements.

Section 1.3 - Approved Absence

Absence of an employee authorized or approved by his Employer, as determined in
accordance with the normal practice of the Employer, provided the employee
returns in the period specified by the Employer.

Section 1.4 - Beneficiary/Designated Beneficiary

The Beneficiary or Designated Beneficiary will be the Eligible Spouse unless a
qualified election is made pursuant to Sections 6.3, 7.2, or 9.17.

Section 1.5 - Board

The present and any succeeding board of directors of the Company or any
committee of said board of directors which will have the authority of said board
of directors with respect to the Plan and/or the Trust.

Section 1.6 - Break in Service

The meaning described in Section 3.4 in respect to a Break in Service for
vesting and benefit accrual. The meaning described in Section 2.1 in respect to
eligibility to participate in the Plan.

Section 1.7 - Code

The Internal Revenue Code of 1986, as in effect at the time in respect to which
such term is used.

Section 1.8 - Committee

The Retirement Committee provided for in Article IX of this Plan.

Section 1.9 - Company

Consolidated Stores Corporation, a Delaware corporation. Effective May 16, 2001,
Company means Big Lots Stores, Inc., an Ohio corporation.

                                       3

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Section 1.10 Compensation

         (a)      Compensation

                  The monthly equivalent of the total cash remuneration
                  (including overtime, bonuses, commissions and other forms of
                  compensation), as reflected in the appropriate box on the
                  Federal Income Tax Wage Statement (Form W-2) paid for services
                  rendered to an Employer during a Plan Year (before deduction
                  of salary deferral amounts under a Company Plan qualified
                  pursuant to Code Section 401(k) or salary reduction amounts
                  under a company plan qualified pursuant to Code Section 125),
                  excluding taxable portion of life insurance, gains on
                  non-qualified stock options, bonuses attributable to
                  relocation, and deductible as well as non-deductible
                  relocation expenses. Where payments not for services, such as
                  payments for travel or expenses, are not separately stated,
                  the Committee will determine and make appropriate reduction
                  for such payments.

                  In respect to an Employee who transferred directly into the
                  employ of an Employer from a Related Company, applicable
                  earnings for services rendered to the Related Company will be
                  treated as Compensation from his Employer for purposes of this
                  Plan.

                  The annual Compensation of each Participant taken into account
                  under the Plan for any Plan Year beginning after December 31,
                  1983 and before January 1, 1994 will be limited to two hundred
                  thousand dollars ($200,000), or such greater amount as the
                  Secretary may provide as a cost-of-living adjustment under
                  Code Section 416(d).

                  Notwithstanding anything in the Plan to the contrary, in no
                  event will the Compensation of a Participant taken into
                  account under the Plan for any Plan Year exceed one hundred
                  fifty thousand dollars ($150,000), subject to adjustment
                  annually as provided in Code Sections 401(a)(17)(B) and
                  415(d); provided, however, that the dollar increase in effect
                  on January 1 of any calendar year, if any, is effective for
                  Plan Years beginning in such calendar year.

                  The annual Compensation of a Participant taken into account in
                  determining benefit accruals for any Plan Year beginning after
                  December 31, 2001, shall not exceed two hundred thousand
                  dollars ($200,000), as adjusted for cost-of-living increases
                  in accordance with Code Section 401(a)(17)(B). The
                  cost-of-living adjustment in effect for a calendar year
                  applies to Compensation for the determination period that
                  begins with or within such calendar year.

                  Effective for Plan Years beginning on and after January 1,
                  2001, compensation shall include elective amounts that are not
                  includible in the gross income of the employee under Code
                  Section 132(f)(4).

                                       4

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                  Effective April 1, 1996, Compensation for a Highly Compensated
                  Employee will only include Compensation earned prior to April
                  1, 1996 or for an Eligible Employee becoming a Highly
                  Compensated Employee after April 1, 1996 Compensation earned
                  prior to becoming a Highly Compensated Employee.

         (b)      Final Average Compensation

                  A Participant's average monthly Compensation during the
                  highest five (5) consecutive years, excluding the Plan Year of
                  termination, if not a full twelve (12) month period; provided,
                  however, if the Participant will not have completed five (5)
                  consecutive years of Participation, such average will be based
                  on his Compensation averaged over his months of Participation,
                  not to exceed sixty (60) months. For a Participant who incurs
                  an Approved Absence or who is rehired after a Break in Service
                  with his pre-break Service restored, the Plan Years prior to
                  and following his Approved Absence or Break in Service will be
                  considered consecutive Plan Years even though they were not
                  contiguous.

Section 1.11 - Computation Period

The Plan Year is used for all purposes, except when determining an Employee's
initial eligibility to participate, the Computation Period may be the twelve
month period beginning with the Employee's Employment Commencement Date.

Section 1.12 - Contingent Annuitant

         (a)      Contingent Annuitant

                  The person designated on a form filed with the Committee by a
                  Participant to receive a Pension subsequent to a Participant's
                  death pursuant to Section 7.4(b).

         (b)      Contingent Annuitant Option

                  The form of Pension described in Section 7.4(b).

Section 1.13 - Continuous Employment

The period of employment described in Section 3.1.

Section 1.14 - Effective Date

January 1, 1997, the date on which the provisions of this amended and restated
Plan become effective.

Section 1.15 - Eligible Spouse

The lawful husband or wife, as the case may be, of the Participant as recognized
under the laws of

                                       5

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the state in which the Participant regularly and continuously is employed by his
Employer or applicable Related Company as of the date specified in the relevant
section of this Plan.

Section 1.16 - Employee

         (a)      Eligible Employee

                  Any person classified as an employee of an Employer or such
                  other classification as provided in Schedule III, on or after
                  the Effective Date, who is receiving remuneration for personal
                  services rendered to an Employer (or who would be receiving
                  such remuneration except for an Approved Absence). Eligible
                  Employee shall not include any "leased employee" as defined in
                  Code Section 414(n)(2). A leased employee is a person who is
                  not an employee of the Employer and who provides services to
                  the Employer where such services are (a) performed pursuant to
                  an agreement between the Employer and any other person, (b)
                  such person has performed such services for the Employer on a
                  substantially full-time basis for a period of at least one (1)
                  year and (c) such services are performed under primary
                  direction or control by the Employer (or such other test as
                  may be substituted for (c) in Code Section 414(n)(2)). A
                  leased employee will not be considered an employee of the
                  recipient if (i) such employee is covered by a money purchase
                  plan providing (1) a nonintegrated employer contribution rate
                  of at least ten percent (10%) of compensation, as defined in
                  Code Section 415(c)(3), but including amounts contributed
                  pursuant to a salary reduction agreement which are excludable
                  from the employee's gross income under Code Section 125,
                  402(a)(8), 402(h) or 403(b), and, effective January 1, 2001,
                  Section 132(f), (2) immediate participation, and (3) full and
                  immediate vesting; (ii) leased employees do not constitute
                  more than twenty percent (20%) of the recipient's non-highly
                  compensated workforce.

         (b)      Ineligible Employee

                  Any person employed by an Employer who is not an Eligible
                  Employee, or any person who is employed by a Related Company
                  which is not an Employer. The term "Ineligible Employee" will
                  also include a person who had been an Eligible Employee and
                  either has become employed in an employment status other than
                  that of an Eligible Employee or has been transferred to a
                  Related Company which is not an Employer, for so long as he
                  remains employed.

Section 1.17 - Employer

Each of the following business entities (except that, in adopting the Plan for
the benefit of its Eligible Employees, such business entity may limit or extend
the application of the Plan to one or more groups of employees and/or divisions,
locations or operations):

         (a)      The Company

         (b)      Any Related Company, which is participating pursuant to
                  Section 2.4 and listed in

                                       6

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                  Schedule III.

Section 1.18 - Employment Commencement

         (a)      Employment Commencement Date

                  The date upon which an Eligible Employee first performs an
                  Hour of Service for an Employer or a Related Company.

         (b)      Reemployment Commencement Date

                  The date upon which a former employee who has incurred a Break
                  in Service first performs an Hour of Service for an Employer
                  or a Related Company after such Break in Service.

Section 1.19 - ERISA

Public Law No. 93-406, the Employee Retirement Income Security Act of 1974, as
in effect at the time in respect to which such term is used.

Section 1.20 - Fiduciary

The Company and other Employers (acting through their respective boards of
directors or duly authorized officers), the Committee, the Trustee, and/or other
parties named as Fiduciaries pursuant to Section 9.1, but only with respect to
the specific responsibilities of each for Plan and Trust administration, all as
described in Article IX.

Section 1.21 - Highly Compensated Employee

         (a)      Any Employee of the Employer who, during the current Plan Year
                  or the preceding Plan Year was at any time a five percent (5%)
                  owner of the Employer within the meaning of Code Section
                  416(i)(1).

         (b)      Any Employee of the Employer who, during the preceding Plan
                  Year received compensation from the Employer in excess of
                  eighty thousand dollars ($80,000), or such higher amount as
                  may be provided under Code Section 414(q).

         (c)      For purposes of determining Highly Compensated Employees,
                  compensation will mean compensation paid by the Employer for
                  purposes of Code Section 415(c)(3) and will include amounts
                  deferred pursuant to Code Sections 125, 402(a)(8) and
                  402(h)(1)(8), and, effective January 1, 2001, 132(f).

         (d)      The determination of Highly Compensated Employees will be
                  determined by the Employer on a controlled group basis and
                  will not be determined on a plan by plan basis.

         (e)      The determination of Highly Compensated Employees will be
                  governed by Code

                                       7

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                 Section 414(q) and the regulations issued thereunder.

         (f)      For purposes of this Section and Code Section 414(q), "Look
                  Back Year" will mean the twelve (12) month period immediately
                  preceding the Determination Year. "Determination Year" will
                  mean the current Plan Year.

         (g)      A Former Employee will be treated as a Highly Compensated
                  Employee if (i) such Former Employee was a highly compensated
                  employee when such Former Employee separated from service, or
                  (ii) such Former Employee was a highly compensated employee at
                  any time after attaining age fifty-five (55).

Section 1.22 - Investment Manager

A Fiduciary, other than the Trustee,

         (a)      who has the power to manage, acquire or dispose of any Plan
                  assets pursuant to an Investment Manager agreement, and

         (b)      which is

                  (i)      a bank, as defined in the Investment Advisers Act of
                           1940;

                  (ii)     an insurance company qualified to manage, acquire or
                           dispose of the assets of an employee benefit plan
                           under the laws of more than one state; or

                  (iii)    a firm registered as an investment adviser under the
                           Investment Advisers Act of 1940.

Section 1.23 - Participant

         (a)      Participant

                  A person who is or was an Eligible Employee who

                  (i)      has met all the participation requirements of this
                           Plan,

                  (ii)     has become included in this Plan, as provided in
                           Article II, and

                  (iii)    is an Active Participant, Inactive Participant,
                           Retired Participant, Disabled Participant or
                           Suspended Participant.

         (b)      Active Participant

                  A Participant who is an Eligible Employee and does not come
                  under the purview of subsections (c) through (f) of this
                  Section 1.23.

         (c)      Inactive Participant

                  A Participant whose employment terminated other than by reason
                  of Retirement, death or disability and who is entitled to, but
                  has not yet commenced to receive, benefits in accordance with
                  Section 4.5.

                                       8

<PAGE>

         (d)      Retired Participant

                  A Participant who has retired under this Plan in accordance
                  with its provisions, and who is receiving or is entitled to
                  receive a Pension, and will include a formerly Inactive
                  Participant from the time he commences receiving a Pension.
                  The term "Retired Participant" will not include a Disabled
                  Participant, except where the context will clearly indicate to
                  the contrary.

         (e)      Disabled Participant

                  A Participant who is receiving or is entitled to receive a
                  Disability Pension as provided in Section 4.4.

         (f)      Suspended Participant

                  A previously Active Participant who either (i) is still
                  working for an Employer (or a Related Company which is not an
                  Employer) and has not incurred a Break in Service, but who is
                  an Ineligible Employee, or (ii) has incurred a termination of
                  employment and has neither incurred a Break in Service nor
                  been reemployed. A Suspended Participant who incurs a Break in
                  Service and is not then entitled to a Deferred Vested Pension
                  will no longer be a Participant.

Section 1.24 - Pension

         (a)      Pension

                  The retirement or disability income provided under this Plan,
                  normally payable in monthly installments.

         (b)      Normal Retirement Pension

                  The Pension described in Section 5.1.

         (c)      Early Retirement Pension

                  The Pension described in Section 5.2.

         (d)      Late Retirement Pension

                  The Pension described in Section 5.3.

         (e)      Disability Pension

                  The Pension described in Section 5.4.

                                       9

<PAGE>

         (f)      Deferred Vested Pension

                  The Pension described in Section 5.5.

         (g)      Accrued Retirement Pension

                  As of a Participant's actual date of Retirement or other
                  termination of employment or any other date of determination
                  prior to his Normal Retirement Date:

                  (i)      The Pension to which the Participant would have been
                           entitled at his Normal Retirement Date (without
                           taking into consideration benefits under any other
                           plan) had he remained in the employ of an Employer
                           accruing Credited Service at the maximum annual rate
                           until that date, not to exceed 25 years, and based on
                           the assumption that his Final Average Compensation
                           (as defined in Section 1.10) as of the date of
                           determination is Final Average Compensation at his
                           Normal Retirement Date; multiplied by

                  (ii)     A fraction, the numerator of which is his Credited
                           Service up to the date of determination and the
                           denominator of which is the Credited Service he would
                           have had if he had remained in the employ of an
                           Employer accruing Credited Service at the maximum
                           annual rate until his Normal Retirement Date; less

                  (iii)    The amount of any reductions and benefit limitations
                           made pursuant to Sections 5.7 and Schedule II,
                           respectively.

                           As of a Participant's actual date of Late Retirement,
                           his Accrued Retirement Pension will be his Pension
                           calculated as if his Late Retirement Date is his
                           Normal Retirement Date.

                  (iv)     Notwithstanding the above, the Accrued Retirement
                           Pension under this amended and restated Plan for any
                           Participant on the Effective Date who was a
                           Participant in the Plan on December 31, 1996 will be
                           at least equal to the accrued monthly pension
                           provided for by the Plan as of December 31, 1996.

         (h)      Qualified Joint and Survivor Pension

                  The form of Pension described in Section 7.2.

         (i)      Maximum Pension

                  The largest amount of Pension payable under the particular
                  circumstances after application of the limitations described
                  in Schedule II.

                                       10

<PAGE>

Section 1.25 - Period-Certain and Life Option

The form of Pension described in Section 7.3(b).

Section 1.26 - Plan

         (a)      Plan

                  The Consolidated Stores Corporation Amended and Restated
                  Defined Benefit Pension Plan, the terms of which are set forth
                  herein, as it may be amended from time to time. Effective May
                  16, 2001, Plan means the Big Lots Stores Defined Benefit
                  Pension Plan.

         (b)      Other Plan

                  Any pension, deferred profit sharing or other retirement plan
                  to which an Employer or Related Company contributes, other
                  than this Plan, or any plan which provides benefits intended
                  to be supplemental to the benefits provided under this Plan.
                  Benefits provided under any qualified retirement plan to which
                  an Employer or Related Company contributes on behalf of one or
                  more of its employees, other than this Plan, will not be
                  intended to be supplemental to the benefits provided under
                  this Plan.

         (c)      Prior Plan

                  The Plan continued in amended and restated form by this Plan,
                  referred to on page 1.

Section 1.27 - Plan Administrator

The Company, notwithstanding the fact that certain administrative functions
under or with respect to this Plan may have been delegated to the Committee or
to any other person, persons or entity.

Section 1.28 - Plan Year

The twelve-month period commencing on January 1 and ending on December 31.
Records of the Plan will be established and maintained on the basis of the Plan
Year.

Section 1.29 - Related Company

         (a)      Any corporation included within a "controlled group of
                  corporations" of which the Company is a member, as determined
                  under Code Sections 414(b) and 414(m) and Regulations issued
                  pursuant thereto [except that, with respect to the benefit
                  limitation under Section 1 of Schedule II hereof, such
                  determination will be made after substituting the phrase "more
                  than fifty percent (50%)" for the phrase "at least eighty
                  percent (80%)" each place it appears in Code Section
                  1563(a)(1)]; and any

                                       11

<PAGE>

                  partnership, sole proprietorship, trust, estate, or
                  corporation included within

                  (i)      a "parent-subsidiary group of trades or businesses
                           under common control,"

                  (ii)     a "brother-sister group of trades or businesses under
                           common control," or

                  (iii)    a "combined group of trades or businesses under
                           common control," as determined under Code Section
                           414(c) and Regulations issued pursuant thereto.

         (b)      Any other entity designated as a Related Company by the
                  Company.

Section 1.30 - Retirement

         (a)      Retirement

                  Termination of employment for reason other than death or
                  transfer to another Employer or Related Company after a
                  Participant has completed all requirements for a Normal,
                  Early, or Late Retirement Pension. Retirement will be
                  considered as commencing on the date immediately following a
                  Participant's last day of employment (or Approved Absence, if
                  later).

         (b)      Normal Retirement

                  Retirement under the circumstances described in Section 4.1
                  qualifying a Retired Participant to benefits pursuant to
                  Section 5.1.

         (c)      Normal Retirement Date

                  The first day of the month coincident with or next following
                  the Participant's Normal Retirement Age. "Normal Retirement
                  Age" will mean the later of (i) a Participant's attainment of
                  his sixty-fifth (65th) birthday, or (ii) his fifth anniversary
                  of the date the Participant commenced participation in the
                  Plan.

         (d)      Early Retirement

                  The Retirement of a Participant prior to Normal Retirement
                  Date in accordance with Section 4.2. In the event of Early
                  Retirement, a Retired Participant will be entitled to an Early
                  Retirement Pension computed as provided in Section 5.2.

         (e)      Early Retirement Date

                  In the case of a Retired Participant on Early Retirement, the
                  first day of the month coincident with or next following the
                  date on which he actually retires.

         (f)      Late Retirement

                  The continued employment of an Active Participant after his
                  Normal Retirement Date in accordance with Section 4.3. A
                  Retired Participant will be entitled to a Late Retirement
                  Pension computed as provided in Section 5.3.

                                       12

<PAGE>

         (g)      Late Retirement Date

                  The first day of the month coincident with or next following
                  the actual Retirement of an Active Participant who had been on
                  Late Retirement.

Section 1.31 - Service

         (a)      Service

                  The period of a Participant's employment considered in
                  determining his vesting in any benefit under the Plan as
                  provided in Section 3.2. Eligibility to participate will be
                  determined by counting Hours of Service as provided in Section
                  2.1.

         (b)      Credited Service

                  The period of a Participant's employment considered in
                  determining the amount of benefit payable to him or on his
                  behalf as provided in Section 3.3.

         (c)      Month of Service

                  A Month of Service will be granted hereunder for each calendar
                  month in which an employee completes at least one (1) Hour of
                  Service.

         (d)      Month of Participation

                  A Month of Participation will be granted hereunder for each
                  calendar month in which a Participant completes at least one
                  (1) Hour of Service, excluding any calendar month prior to the
                  Participant's date of participation.

         (e)      Hour of Service

                  (i)      General Rule

                           An Hour of Service as defined in this subparagraph
                           (i) will be credited to the Computation Period in
                           which the Hours of Service are worked or credited to
                           an employee.

                           (1)      Hours of Service for Performance of Duties -
                                    An Hour of Service will be granted hereunder
                                    for each hour for which an employee is paid,
                                    or entitled to payment, for the performance
                                    of duties for an Employer or Related Company
                                    during an applicable Computation Period.

                           (2)      Hours of Service When No Duties Are
                                    Performed - An Hour of Service will also be
                                    granted (up to a maximum of five hundred one

                                       13

<PAGE>

                                    (501) hours for any single continuous
                                    period) for each hour an employee is paid,
                                    or entitled to payment, by an Employer or
                                    Related Company on account of a period
                                    during which he performs no duties
                                    (irrespective of whether the employment
                                    relationship has terminated) due to
                                    vacation, holiday, illness, incapacity
                                    (including short-term disability), layoff,
                                    military absence, jury duty or Approved
                                    Absence. Notwithstanding the preceding
                                    sentence:

                                    (A)     An hour for which an employee is
                                            directly or indirectly paid, or
                                            entitled to payment, on account of a
                                            period during which no duties are
                                            performed will not be credited to
                                            the employee if such payment is made
                                            or due under a plan maintained
                                            solely for the purpose of complying
                                            with applicable workmen's
                                            compensation, unemployment
                                            compensation or disability insurance
                                            laws; and

                                    (B)     Hours of Service will not be
                                            credited for a payment which solely
                                            reimburses an employee for medical
                                            or medically related expenses
                                            incurred by the employee.

                                    For purposes of this subparagraph (i)(2), a
                                    payment will be deemed to be made by or due
                                    from an Employer or Related Company
                                    regardless of whether such payment is made
                                    by or due from an Employer or Related
                                    Company directly, or indirectly through,
                                    among others, a trust fund or insurer to
                                    which an Employer or Related Company
                                    contributes or pays premiums and regardless
                                    of whether contributions made or due to the
                                    trust fund, insurer or other entity are for
                                    the benefit of particular employees or are
                                    on behalf of a group of employees in
                                    aggregate.

                           (3)      An Hour of Service will be granted for each
                                    hour for which back pay, irrespective of
                                    mitigation of damages, is either awarded or
                                    agreed to by an Employer or Related Company.
                                    The same Hours of Service will not be
                                    credited both under subparagraph (i)(1) or
                                    (i)(2), as the case may be, and under this
                                    subparagraph (i)(3). Thus, for example, an
                                    employee who receives a back pay award
                                    following a determination that he or she was
                                    paid at an unlawful rate for Hours of
                                    Service previously credited will not be
                                    entitled to additional credit for the same
                                    Hours of Service. Crediting of Hours of
                                    Service for back pay awarded or agreed to
                                    with respect to periods described in
                                    subparagraph (i)(2) will be subject to the
                                    limitations set forth in that subparagraph.
                                    For example, no more than 501 Hours of
                                    Service will be credited for payments of
                                    back pay, to the extent that such back pay
                                    is agreed to or awarded for a period of time
                                    during which an employee did not perform or
                                    would not have performed duties.

                                       14

<PAGE>

                  (ii)     Special Rule for Determining Hours of Service for
                           Reasons Other Than the Performance of Duties

                           In the case of a payment which is made or due on
                           account of a period during which an employee performs
                           no duties, and which results in crediting of Hours of
                           Service under subparagraph (i)(2) of this subsection
                           (e), or in the case of an award or agreement for back
                           pay to the extent that such award or agreement is
                           made with respect to a period described in
                           subparagraph (i)(2) of this subsection (e), the
                           number of Hours of Service to be credited will be the
                           number of regularly scheduled working hours included
                           in the units of time for which the payment is made
                           or, in the case of an employee without a regular work
                           schedule, at the rate of thirty-eight and three
                           quarters (38.75) hours per week or seven and three
                           quarters (7.75) hours per day, and will be credited
                           to the Computation Period in which the Hours of
                           Service are credited to the employee but in no event
                           will more than five hundred one (501) Hours of
                           Service be credited for any applicable period. Hours
                           of Service will be calculated or credited in a manner
                           consistent with Department of Labor Regulations
                           Section 2530.200b-2(b) and (c) which is incorporated
                           herein by reference.

Section 1.32 - Trust (or Trust Agreement)

The trust continued in an amended and restated form by the agreement between the
Company and the Trustee effective as of September 17, 1974, which constitutes
part of this Plan, or any other trust created by agreement between the Company
and a trustee named therein which will also constitute a part of this Plan, as
the same may be or has been amended from time to time, or any agreements
successor thereto.

Section 1.33 - Trust Fund

The fund known as the Consolidated Stores Corporation Amended and Restated
Defined Benefit Pension Trust, maintained in accordance with the terms of the
Trust Agreement, as it may be amended from time to time.

Section 1.34 - Trustee(s)

The Trustee(s) named in the Trust Agreement which constitute part of this Plan
and any additional or successor Trustee(s) from time to time acting as
Trustee(s) of the Trust Fund.

                                       15

<PAGE>

                                   ARTICLE II

                                  PARTICIPATION

Section 2.1 - Eligibility

An Eligible Employee will become a Participant as follows:

         (a)      Any Eligible Employee included in the Plan immediately
                  preceding January 1, 1997 will continue to participate in
                  accordance with the provisions of this amended and restated
                  Plan.

         (b)      Any other Eligible Employee will be eligible to become a
                  Participant of the Plan on the first day of the month
                  coincident with or next following the date on which he meets
                  the following requirements: (i) attaining the age of
                  twenty-one (21), and (ii) being credited with at least one
                  thousand (1,000) Hours of Service during the three hundred
                  sixty-five (365) day period beginning with his Employment
                  Commencement Date and ending on the anniversary date of his
                  Employment Commencement Date. If any Eligible Employee fails
                  to satisfy the one thousand (1,000) hour requirement, he will
                  be ineligible to enter the Plan as of such anniversary date,
                  but will be reconsidered on each subsequent January 1 ("Plan
                  Anniversary Date") and will automatically become a Participant
                  of the Plan as of the first such Plan Anniversary Date thereof
                  on which he was credited with at least one thousand (1,000)
                  Hours of Service during the Plan Year immediately preceding
                  such Plan Anniversary Date.

         (c)      Notwithstanding any other provision of the Plan to the
                  contrary, after March 31, 1994, no Eligible Employee who is
                  newly hired, or who is rehired after his prior service has
                  been forfeited under Section 3.4(c), will be eligible to
                  become a Participant under this plan

An Eligible Employee who satisfies the eligibility requirements of the Plan must
be actively employed on the date he satisfies such requirements in order to
participate hereunder. An employee on layoff, sick leave, or Approved Absence
will not be considered actively employed. Such employee will, however,
automatically enter the Plan upon his return to active employment.

Breaks in Service after an Employee has become a Participant of the Plan will be
determined under Section 3.4.

A former employee who is rehired prior to five (5) consecutive one (1) year
Breaks in Service, as determined under this Section of the Plan, will have his
prior Hours of Service and his age on his original Employment Commencement Date
taken into account for purposes of determining his eligibility to participate
under this Section 2.1. If a former employee described in this paragraph
satisfies the participation requirements of this Section 2.1 on his Reemployment
Commencement Date or date of rehire, as applicable, he will thereupon become a
Participant in the Plan. Provided,

                                       16

<PAGE>

however, that any former employee who completed a one-year Break in Service
before January 1, 1985 must satisfy the participation requirements of this
Section 2.1 based solely on his age on his Reemployment Commencement Date and
the number of his Hours of Service in the three hundred sixty-five (365) day
period beginning with his Reemployment Commencement Date.

A former employee who is rehired subsequent to five (5) consecutive one-year
Breaks in Service, as determined under this Section of the Plan, must satisfy
the participation requirements of this Section 2.1 based solely on his age on
his Reemployment Commencement Date and the number of his Hours of Service in the
three hundred sixty-five (365) day period beginning with his Reemployment
Commencement Date.

An Ineligible Employee who becomes an Eligible Employee will become a
Participant upon the date of change in his employment status provided he has
satisfied the aforementioned conditions concurrent with or prior to his date of
transfer.

Any Inactive Participant or former Participant receiving an Early or Normal
Retirement Pension who is rehired will be immediately eligible to participate in
the Plan as of his date of rehire.

Solely for purposes of determining whether a Break in Service for participation
has occurred as determined under this Section of the Plan, an Employee who is
absent from work for maternity or paternity reasons will receive credit for the
Hours of Service which would otherwise have been credited to such individual but
for such absence, up to a maximum of five hundred one (501) Hours of Service
during the computation period. For purposes of this paragraph, an absence from
work for maternity or paternity reasons means an absence (1) by reason of the
pregnancy of the individual, (2) by reason of a birth of a child of the
individual, (3) by reason of the placement of a child with the individual in
connection with the adoption of such child by such individual, or (4) for
purposes of caring for such child for a period beginning immediately following
such birth or placement. The Hours of Service credited under this paragraph will
be credited (1) in the computation period in which the absence begins if the
crediting is necessary to prevent a Break in Service in that period, or (2) in
all other cases, in the following computation period.

Section 2.2 - Conditions of Participation

An Eligible Employee will not become a Participant herein unless he furnishes
within a reasonable time limit established by the Committee such applications,
consents, proofs of date of birth, elections, beneficiary designations and other
documents and information as prescribed by the Committee. Each Eligible Employee
upon becoming a Participant will be deemed conclusively, for all purposes, to
have assented to the terms and provisions of this Plan and will be bound
thereby.

                                       17

<PAGE>

Section 2.3 - Change in Employment Status

         (a)      Change From Eligible to Ineligible Status - If an Active
                  Participant becomes an Ineligible Employee because of a change
                  in his employment status (including a transfer to the employ
                  of a nonparticipating Related Company), he will not incur a
                  Break in Service, but will become and remain a Suspended
                  Participant for so long as he remains in such ineligible
                  status, and the following special provisions will apply:

                  (i)      His Accrued Retirement Pension determined as of the
                           date he becomes a Suspended Participant will be
                           frozen and will not increase on account of
                           Compensation received while he is a Suspended
                           Participant.

                  (ii)     His Continuous Employment while a Suspended
                           Participant will be counted as Service to the extent
                           that the requirements of Section 3.2 are satisfied
                           but not as Credited Service.

                  (iii)    While he is a Suspended Participant, he will have the
                           same right as an Active Participant who is otherwise
                           in a similar position to elect an optional form of
                           Pension or to make any other election hereunder.

                  (iv)     When a Suspended Participant's employment terminates
                           for any reason, including Retirement or death, he
                           (or, in the event of death, his Beneficiary) will be
                           entitled to the benefits provided under the
                           applicable provisions of Articles IV, V and VI in
                           effect at the date of change in employment status.
                           However, to the extent that a benefit is payable to
                           or with respect to him pursuant to the provisions of
                           Sections 5.7 and 5.8, his benefits under the Plan
                           will be adjusted appropriately.

                  (v)      If a Suspended Participant returns to the status of
                           an Eligible Employee, he thereupon will again become
                           an Active Participant of this Plan and, upon his
                           subsequent Retirement or other termination of
                           employment, his benefit will be based upon his actual
                           Final Average Compensation and Credited Service.
                           However, to the extent that a benefit is payable to
                           or with respect to him pursuant to the provisions of
                           Sections 5.7 and 5.8, his benefits under the Plan
                           will be adjusted appropriately.

         (b)      Change From Ineligible to Eligible Status - If a person who
                  had been an Ineligible Employee becomes an Eligible Employee
                  because of a change in his employment status (including a
                  transfer from the employ of a nonparticipating Related
                  Company), the following special provisions will apply:

                                       18

<PAGE>

                  (i)      His Hours of Service while an Ineligible Employee
                           will be considered in determining his eligibility to
                           become an Active Participant of the Plan pursuant to
                           the provisions of Section 2.1. He will become an
                           Active Participant as of the date he became an
                           Eligible Employee provided he has then satisfied the
                           requirements of Section 2.1.

                  (ii)     His Continuous Employment while an Ineligible
                           Employee will be counted as Service to the extent
                           that the requirements of Section 3.2 are satisfied
                           but not as Credited Service.

                  (iii)    To the extent that a benefit is payable to or with
                           respect to him pursuant to the provisions of Sections
                           5.7 and 5.8, his benefits under the Plan will be
                           adjusted appropriately.

         (c)      Transfer From One Employer to Another - If a Participant
                  leaves the employ of one Employer to enter directly into the
                  employ of another Employer, he will not be deemed to have
                  terminated his participation, but will be considered an
                  Eligible Employee of the succeeding Employer from the date of
                  such transfer during periods that he otherwise qualifies as an
                  Eligible Employee.

Section 2.4 - Inclusion and Withdrawal of Participating Employers

Any Related Company which is authorized by the Board (or Committee as set forth
below) to participate in the Plan may elect to participate (become an Employer)
by action of its own board of directors or other managing body. In adopting the
Plan, such Related Company may limit the application of the Plan to one or more
of its groups of employees and/or divisions, locations or operations. Special
provisions or modifications relating to the Plan as adopted by such Related
Company will be specifically provided for in Schedule III hereof.

To preserve continuity of Plan participation, when an intra-company merger,
consolidation or reorganization involves one or more Related Companies who were
Employers at the time of such merger, consolidation, or reorganization, the
successor Employer will automatically be deemed to have adopted the Plan on
behalf of its Eligible Employees who were covered hereunder immediately prior to
such corporate restructure and the Committee will have the authority to amend
Schedules IV and V, as appropriate to reflect such changes.

The Company, in its sole discretion, may determine that an Employer will no
longer participate in the Plan and may direct that such Employer withdraw from
the Plan. Any Employer may similarly elect to discontinue its participation in
the Plan at any time and may be required to discontinue its participation if it
ceases to be a Related Company. In either event, applicable provisions of
Articles X or XI and Schedules I and III will apply in respect to such
discontinuance of participation.

                                       19

<PAGE>

                                   ARTICLE III

                          SERVICE AND CREDITED SERVICE

Section 3.1 - Continuous Employment (Vesting and Benefit Accrual)

Continuous Employment will mean a Participant's total period of employment with
one or more Employers or Related Companies from his Employment Commencement Date
or most recent Reemployment Commencement Date, and in the case of a Participant
who is rehired after a Break in Service with pre-break Service restored, will
include the aggregate of his pre-break and post-break periods of employment.
Continuous Employment will be measured in completed Plan Years, with one
thousand (1,000) Hours of Service in a Plan Year being deemed a completed Plan
Year.

Continuous Employment will not be deemed terminated under the following
circumstances:

         (a)      Change to or from employment status as an Eligible Employee;
                  or

         (b)      Employment by another Employer or a Related Company provided
                  employment terminates merely to become an employee of the
                  other Employer or Related Company; or

         (c)      During the first twelve (12) consecutive months of an Approved
                  Absence. If a Participant fails to return to the employ of the
                  Employer or Related Company within the Approved Absence period
                  prescribed by the Employer or at the end of twelve (12) months
                  of Approved Absence if earlier, his Continuous Employment will
                  be deemed to terminate as of the last day of such prescribed
                  period or twelve (12) months of Approved Absence, whichever is
                  earlier. A Participant's Service and Credited Service will be
                  determined in accordance with the foregoing; or

         (d)      During qualified military service; or

         (e)      In respect to termination of employment which occurs after
                  January 1, 1985 if the Participant is reemployed by an
                  Employer or Related Company prior to incurring a Break in
                  Service; provided, however, that the period between the
                  termination date and reemployment date will not be included in
                  Credited Service.

Section 3.2 - Service (Benefit Vesting)

Subject to any limitations specified in Schedules IV and V, a Participant's
benefit vesting under the Plan will be determined by his period of Service.
Subject to the requirements of Section 3.4 relating to the restoration of
Service after a Break in Service, a Participant will be granted Service for
Continuous Employment ending on the date of his termination of employment. In no
event will periods of employment with two or more Employers and/or Related
Companies at the same time create more than one period of Service.

                                       20

<PAGE>

Section 3.3 - Credited Service (Benefit Accrual)

Except as otherwise provided in Schedules IV and V, the amount of benefit
payable to or on behalf of a Participant will be determined on the basis of his
Credited Service.

Subject to the requirements of Section 3.4 relating to the restoration of
Credited Service after a Break in Service, a Participant will be granted
Credited Service for Continuous Employment ending on the date of his termination
of employment, excluding that portion of any period of Approved Absence in
excess of twelve (12) consecutive months, as well as any Plan Years in which the
Participant was not an Active Participant for at least one day.

If a Participant ceases to be an Active Participant and becomes a Suspended
Participant, and he does not again become an Active Participant, he will receive
no Credited Service during the period he is a Suspended Participant, but he will
continue to accrue Service.

Effective April 1, 1996, the Credited Service for a Participant who is a Highly
Compensated Employee is frozen as of that date or, if later, the date the
Participant becomes a Highly Compensated Employee.

Section 3.4 - Break in Service (Vesting and Benefit Accrual)

         (a)      A Participant will incur a Break in Service if he does not
                  receive credit for more than five hundred (500) Hours of
                  Service during a Plan Year.

                  Solely for determining whether a Break in Service has occurred
                  in a Plan Year, an individual who is absent from work for
                  maternity or paternity reasons, will receive credit for the
                  Hours of Service which would have otherwise been credited to
                  such individual but for such absence. For purposes of this
                  paragraph, an absence from work for maternity or paternity
                  reasons means an absence (i) by reason of pregnancy of the
                  individual, (ii) by reason of the birth of a child of the
                  individual, (iii) by reason of the placement of a child with
                  the individual in connection with the adoption of such child
                  by such individual, or (iv) for purposes of caring for such
                  child for a period beginning immediately following such birth
                  or placement.

                  The Hours of Service credited under this paragraph will be
                  credited: (i) in the Plan Year in which the absence begins if
                  the crediting is necessary to prevent a Break in Service in
                  that period, or (ii) in all other cases, in the following Plan
                  Year.

         (b)      During the period after a termination of employment and prior
                  to incurring a Break in Service, a Participant who was an
                  Active Participant immediately before termination of
                  employment will be considered a Suspended Participant. If a
                  Suspended Participant is rehired by an Employer or Related
                  Company prior to incurring a Break in Service, his employment
                  will not be deemed to have been terminated for purposes of
                  determining his Service. However, the period between his
                  termination date and reemployment date will not be taken into
                  account in determining his Credited Service.

                                       21

<PAGE>

         (c)      A Participant's Service and Credited Service will be canceled
                  if he has a Break in Service before he has met the
                  requirements for Retirement, Disability or for a Deferred
                  Vested Pension as provided in the applicable sections of
                  Article IV. However, Participants who have met the
                  requirements for Retirement, Disability or a Deferred Vested
                  Pension will at all times retain their Service and Credited
                  Service. If a terminated employee is reemployed by an Employer
                  or Related Company after a Break in Service and his Service
                  and Credited Service were canceled, such Service and Credited
                  Service will be restored if his number of consecutive years of
                  Break in Service is less than the greater of five (5) or the
                  aggregate number of years of pre-break Service. Provided,
                  however, that the rule stated in the immediately preceding
                  sentence will not apply to a series of consecutive Breaks in
                  Service in progress on January 1, 1985, if the Participant's
                  consecutive years of Break in Service is greater than the
                  aggregate number of years of pre-break Service and thus
                  already caused said pre-break Service to be canceled.

         (d)      If a Participant who received a cash distribution of vested
                  benefits hereunder at a prior termination of employment is
                  reemployed, his pre-break Service and Credited Service will be
                  retained. However, when such a Participant is entitled to
                  receive a benefit under this Plan, such benefit will be
                  reduced by the Actuarial Equivalent of his prior distribution.

Section 3.5 - Reemployment of a Retired Participant

If an Employer or a Related Company re-employs a Retired Participant who
commenced receiving Pension payments under the Plan, he will have a choice as to
whether his monthly payment will be suspended or continued during periods in
which he is an Active Participant accruing Credited Service. The Pension payable
upon such Participant's subsequent Retirement or termination of employment will
be reduced by the Actuarial Equivalent of any Pension payments from the Plan,
except Disability Pension payments, which he received prior to his Retirement or
termination of employment. In no event, however, will this reduction result in a
monthly payment less than he was receiving immediately prior to his
reemployment.

Section 3.6 - Military Service

Absence from employment by an Employer or Related Company due to service in the
armed forces of the United States will not constitute a Break in Service, and
the period during such absence will be considered as Service (and Credited
Service if the individual was an Active Participant immediately prior to
commencement of such Military Service or would have become an Active Participant
during such period of Military Service), provided that the Participant is
entitled by law to reemployment rights upon release from service and returns to
employment with an Employer or a Related Company within the period provided by
such law. For the purpose of determining benefits hereunder, Participants who
accrue additional Credited Service during qualified Military Service will be
deemed to have received Compensation during such Military Service at the same
Compensation rate as in effect immediately prior to such absence or such
Compensation rate as the Participant would have received had he been actively
employed during the period of Military

                                       22

<PAGE>

Service. If such Participant does not return to employment with the Employer or
a Related Company within the period provided by law, he will be deemed to have
terminated employment on the date he left the employment of the Employer or
Related Company for service in the armed forces of the United States.
Contributions, benefits and Credited Service with respect to qualified Military
Service will be provided in accordance with Code Section 414(u).

                                       23

<PAGE>

                                   ARTICLE IV

                      REQUIREMENTS FOR RETIREMENT BENEFITS

Section 4.1 - Normal Retirement

The Normal Retirement Date of each Participant will be the first day of the
month coincident with or next following the later of (i) attainment of his
sixty-fifth (65th) birthday, or (ii) the fifth (5th) anniversary of his
participation in the Plan that follows the date the Employee became a
Participant in this Plan. Payment of a Normal Retirement Pension will commence
as of the Participant's Normal Retirement Date unless he continues in the
employment of an Employer. A Participant who reaches age sixty-five (65) while
in the employ of the Employer will have a nonforfeitable right, upon actual
retirement, to his Normal Retirement Pension, except to the extent that such
Pension is forfeitable because it has not been paid or distributed to him prior
to his death. Participants who do not retire on their Normal Retirement Date
will be subject to the provisions of Section 4.3.

Section 4.2 - Early Retirement

A Participant who has attained age fifty-five (55) and has at least five (5)
years of Service will be eligible to elect an Early Retirement Date, provided
that the sum of the Participant's age and his years of Service equals sixty-five
(65) or more. Said Early Retirement Date will be the first day of any month
immediately following his termination of employment, provided that the
Participant gives notice of such Early Retirement Date at least thirty (30) days
in advance to his Employer. A Participant who retires early may elect the
commencement of his Early Retirement Pension on the first day of any month
coinciding with or subsequent to his Early Retirement Date but not later than
his Normal Retirement Date, and his Pension will commence at the beginning of
the month so requested, but will be reduced as provided in Section 5.2. For
purposes of this paragraph, the normal form of Pension benefit will be
determined in accordance with Article VII.

Section 4.3 - Late Retirement

A Participant may remain in the employ of the Employer after his Normal
Retirement Date, in which case he will continue his participation in this Plan.
Benefit payments hereunder will be suspended while the Participant remains an
Eligible Employee of any Employer unless such Participant fails to complete
forty (40) or more Hours of Service during any calendar month. The Committee
will notify the Participant of such suspension of benefits by personal delivery
or first class mail during the first calendar month in which payments are
withheld. The notice will contain a description of the specific reasons for
suspension of benefits, a general description and copy of the relevant Plan
provisions, a statement that the applicable Department of Labor regulations may
be found in Section 2530.203-3 of the Code of Federal Regulations, and the
Plan's procedure for affording a review of the suspension of benefits. Upon the
Participant's subsequent Retirement, he will be entitled to a Late Retirement
pension in an amount determined as provided in Section 5.3 commencing as of his
Late Retirement Date. For purposes of this paragraph, the normal form of Pension
benefit will be determined in accordance with Article VII.

                                       24

<PAGE>

Section 4.4 - Disability Pension

         (a)      Disability for purposes of this Plan will mean a physical or
                  mental condition which has continued six (6) consecutive
                  months or more and which is expected to be permanent, as
                  determined by the Social Security Administration.

         (b)      Each Disabled Participant will be entitled to a monthly
                  Disability Pension for life in a form provided for in Article
                  VII and in an amount provided in Section 5.4.

         (c)      If a Disabled Participant otherwise eligible to begin a
                  Disability Pension under Section 5.4, commences to receive
                  benefit payments under an insured long-term disability plan
                  sponsored and maintained by an Employer or Related Company
                  apart from this Plan, he will be constructively deemed to have
                  elected to defer his Disability Pension for the period during
                  which he is in receipt of benefits under such long-term
                  disability plan prior to his Normal Retirement Date. During
                  any period the Participant receives such insured long-term
                  disability plan benefits he will continue to be treated as if
                  he were an Active Participant receiving Hours of Service and
                  Compensation at the same rate that was in effect immediately
                  prior to his disablement. Upon attaining his Normal Retirement
                  Date, such a Participant will be entitled to his Disability
                  Pension reduced by the Actuarial Equivalent of such Pension
                  payments, if any, that he received under the Plan prior to the
                  commencement of benefit payments under such long-term
                  disability plan. For purposes of this paragraph, the normal
                  form of Pension benefit will be determined in accordance with
                  Article VII.

         (d)      If a Disabled Participant's disability will cease to exist,
                  his rights to a current or future Disability Pension will
                  cease: if he does not re-enter (or seek to re-enter with
                  employment denied through no fault of his own) the employer's
                  employ within ninety (90) days thereafter, he will be deemed
                  to have terminated his employment as of the date his
                  disablement was established and his benefits will be
                  recomputed on the assumption he was simply a terminated
                  Participant and had never been disabled, less the Actuarial
                  Equivalent of Disability Pension payments, if any, he had
                  already received as a Disabled Participant. If any Participant
                  being treated as an Active Participant under Section 4.4(c)
                  seeks to re-enter the employer's employ within the ninety (90)
                  day period, but employment is denied through no fault of his
                  own, his status as an Active Participant will be treated as
                  having ended on the date his disability ceased to exist. If,
                  however, he in fact re-enters the Employer's employ within
                  ninety (90) days of the date his disablement ceased, he will
                  continue as an Active Participant of this Plan.

Section 4.5 - Deferred Vested Pension

A Participant whose employment terminates for any reason other than death or
Retirement, will be eligible, pursuant to the terms in Section 5.5, to receive a
Deferred Vested Pension in accordance with Section 5.5, commencing at his Normal
Retirement Date and payable in the form as provided in accordance with Article
VII.

                                       25

<PAGE>

Section 4.6 - Retirement While on Leave of Absence

A Participant otherwise eligible to retire may elect to do so without returning
to active employment with an Employer if he is absent from work pursuant to an
Approved Absence.

                                       26

<PAGE>

                                    ARTICLE V

                     AMOUNT OF RETIREMENT OR PENSION INCOME

Section 5.1 - Normal Retirement Pension

Subject to the provisions of Section 5.7, Section 7.2 and Schedules II and III,
a Participant who retires on his Normal Retirement Date will be entitled to a
monthly Pension, payable in the normal form of payment described in Section 7.1,
in an amount equal to:

For Participants who retire after December 31, 1988 but prior to January 1,
1993, the greater of (a) or (b) below:

         (a)      (i)      one percent (1%) of a Participant's Final Average
                           Compensation, multiplied by the Participant's
                           Credited Service, not to exceed 35 years; plus,

                  (ii)     sixty-five one hundredths of one percent (0.65%) of
                           the excess of a Participant's Final Average
                           Compensation over covered compensation, multiplied by
                           the Participant's Credited Service, not to exceed
                           thirty-five (35) years.

                  Covered compensation is the average of the Social Security
                  taxable wage bases for the thirty-five (35) year period ending
                  with the year of the individual's Social Security retirement
                  age [as defined in Code Section 414(b)(8)]. Covered
                  compensation will be determined on the date the Participant
                  separates from service and the Social Security wage bases will
                  be projected without change until the Participant's Social
                  Security retirement age.

         (b)      twenty-five percent (25%) of Final Average Compensation at age
                  sixty-five (65), but only if the Eligible Employee was
                  actively employed by the Company on December 31, 1988, and has
                  one hundred twenty (120) or more Months of Service at age
                  sixty-five (65).

For Participants who retire after December 31, 1992, (c) below:

         (c)      one percent (1%) of a Participant's Final Average Compensation
                  multiplied by the Participant's Credited Service, not to
                  exceed twenty-five (25) years.

In no event, however, will any Eligible Employee who was a Participant in the
Plan as of January 1, 1993, be entitled to an Accrued Retirement Pension that is
less than the Accrued Retirement Pension the Participant was entitled to receive
as of December 31, 1992, based upon the terms of the Plan as they existed on
such date, as if the Participant had terminated employment with the Company on
December 31, 1992.

The benefits computed in accordance with this Section, if not already a multiple
of ten dollars

                                       27

<PAGE>

($10), will be rounded to the next highest multiple of ten dollars ($10).

In no event, however, will a Participant's Normal Retirement Pension be less
than the Pension the Participant could have received had he elected an immediate
Early Retirement Pension commencing as of the first day of any Plan Year
following his eligibility for Early Retirement.

Notwithstanding the above, in no event shall any Eligible Employee who was an
active Participant in the Plan as of December 31, 1995, and who is a Highly
Compensated Employee be credited with Credited Service or Compensation for
purposes of determining Final Average Compensation for any Compensation or
Credited Service on and after April 1, 1996 or such date that he is determined
to be a Highly Compensated Employee. Such affected Participant's Accrued
Retirement Pension under the terms of this Plan shall be calculated as if the
Participant terminated employment with the Employer as of March 31, 1996 or such
later date that he is determined to be a Highly Compensated Employee. Service
for purposes of Section 3.2 of the Plan shall continue to be credited.

Section 5.2 - Early Retirement Pension

Subject to the provisions of Section 5.7, Section 7.2 and Schedules II and III,
a Participant who retires early will be entitled to a Pension, payable in the
normal form described in Section 7.1, commencing on the date elected by the
Participant pursuant to Section 4.2, in an amount which is equal (as of the date
of income commencement) to that portion of his Accrued Retirement Pension
derived from Section 5.1 reduced by one of the following early retirement
factors:

         (a)      The portion of the benefit derived under Section 5.1(a)(i),
                  5.1(b) or 5.1(c) will be reduced by 1/180th for each of the
                  first 60 months by which his starting date of income precedes
                  his Normal Retirement Date and 1/360th for each of the next 60
                  months thereafter.

         (b)      The portion of the benefit derived under Section 5.1(a)(ii)
                  will be reduced by multiplying by the appropriate factor from
                  the following table:

<TABLE>
<CAPTION>
Age                 Factor            Age               Factor
---                 ------            --                ------
<S>                 <C>               <C>               <C>
 65                 1.000             59                 .654
 64                  .923             58                 .615
 63                  .846             57                 .577
 62                  .769             56                 .529
 61                  .731             55                 .486
 60                  .692
</TABLE>

                  For retirement ages which are not whole years, the values from
                  the preceding table will be interpolated as appropriate.

                                       28

<PAGE>

Section 5.3 - Late Retirement Pension

Subject to the provisions of Section 5.7, Section 7.2 and Schedules II and III,
if a Participant does not retire at his Normal Retirement Date, he will be
entitled to his Accrued Retirement Pension commencing as of his Late Retirement
Date and in the normal form of payment described in Section 7.1.

Section 5.4 - Disability Pension

Subject to the provisions of Section 5.7, Section 7.2, and Schedules II and III,
a Participant who is eligible for a Disability Pension will be entitled to
receive a monthly income, as provided in Section 4.4. Said Disability Pension
will commence on the first day of the month coincident with or next following
the date of the Participant's disablement and will be equal to the Actuarial
Equivalent of the disabled Participant's Accrued Retirement Pension. If recovery
from disability occurs subsequent to attainment of the Participant's Normal
Retirement Date, the Disability Pension will continue to be payable for life.

In lieu of the above benefit, each disabled Participant may elect a reduced
monthly pension, commencing on the first day of any month coinciding with or
following his attainment of age fifty-five (55), provided such Participant has
satisfied the requirements for Early Retirement as set forth in Section 4.2 as
of the first day of the month his benefits are to commence. Such reduced monthly
pension will be equal to the disabled Participant's Accrued Retirement Pension
as of the first day of the month his benefits are to commence reduced by the
factors in Section 5.2 for the period that this commencement date precedes his
Normal Retirement Date.

Section 5.5 - Deferred Vested Pension

Subject to the provisions of Section 5.7, Section 7.2 and Schedules II and III,
a Participant who becomes eligible for a Deferred Vested Pension due to his
termination of employment will be eligible to receive a Pension payable in the
normal form described in Section 7.1, commencing at his Normal Retirement Date,
if he is then living, equal to his Accrued Retirement Pension at termination as
defined in Section 1.24(g).

A Participant who terminates employment before becoming vested in any portion of
his Accrued Benefit will forfeit his entire Accrued Benefit and will be treated
as having been paid his entire interest in the Plan. However, if the person is
reemployed and again becomes a Participant before incurring at least five (5)
consecutive one (1) years Breaks in Service, the forfeited portion of his
Accrued Benefit will be restored. However, if the Participant received a
distribution from the Plan when he initially terminated, this restoration will
occur only if the Participant repays the amount distributed, plus interest at a
rate determined under Code Section 411(c)(2)(C), not later than the end of the
fifth (5th) year beginning after he is reemployed or, if earlier, the end of the
fifth (5th) year beginning after the distribution was made.

Effective January 1, 1989, a Participant with five (5) Years of Service is fully
vested in his Accrued Benefit. The Vesting Schedule for Plan Years prior to
January 1, 1989 was as follows:

                                       29

<PAGE>

<TABLE>
<CAPTION>
 Years of Service                            Vested Percentage
------------------                           -----------------
<S>                                          <C>
Less than 2 years                                   0%
2 years                                            20%
3 years                                            40%
4 years                                            60%
5 years                                            80%
6 years or more                                   100%
</TABLE>

Section 5.6 - No Duplication of Benefits

Benefits will not be payable to any Participant under more than one provision
hereof for the same period of time.

Section 5.7 - Benefit Coordination With Other Plans

If a Participant (or his Beneficiary) receives or is entitled to receive a
benefit under any other plan, excluding the Consolidated Stores Corporation
Savings Plan, his Normal Retirement Pension will be reduced by the actuarial
equivalent of his normal retirement benefit from any other plan (prior to
reduction for any optional pre-retirement coverage for survivor benefits), but
only to the extent that:

         (a)      The benefits from the plans are attributable to the same
                  earnings and/or the same period of employment; and

         (b)      The benefit from the other plan is not attributable to the
                  voluntary or mandatory contributions made by the Participant.

If a Participant is entitled to benefits from this Plan and one or more other
plans for the same period of employment and if one or more of such plans
contains a benefit coordination provision, then the benefits payable to the
Participant will be determined as follows:

         (c)      The Primary Plan will be the plan in which the Participant is
                  an active Participant immediately before his Retirement, death
                  or other termination of employment with an Employer or a
                  Related Company. The benefits payable under the Primary Plan
                  will be determined in accordance with its benefits
                  coordination provision.

         (d)      The Secondary Plan will be the plan and/or plans in which the
                  Participant was an active Participant before he became an
                  active Participant in the Primary Plan. The benefits payable
                  under the Secondary Plan will be determined without regard to
                  their benefit coordination provisions.

In all events, principles of benefit coordination will be applied on a basis
equitable to the Participant considering his total covered earnings and service.

                                       30

<PAGE>

Section 5.8 - Benefit Commencement

         (a)      Unless a Participant elects otherwise, benefit payments will
                  commence no later than sixty (60) days after the latest of the
                  close of the Plan Year in which (1) the Participant attains
                  his Normal Retirement Age; (2) the fifth (5th) anniversary in
                  which the Participant commenced participation in the Plan
                  occurs; or (3) the Participant terminates employment with the
                  Employer. Such an election will be in the form of a written
                  statement, signed by the Participant, describing the benefit
                  and the date on which the payments of such benefit will
                  commence and be subject to the requirements of Article VII.
                  However, distributions to five percent (5%) owners [as defined
                  in Code Section 416(i)] and to Participants who attain age
                  seventy and one-half (70-1/2) after January 1, 1988, must
                  commence no later than the April 1st following the calendar
                  year in which such Participant attains age seventy and
                  one-half (70-1/2). Distributions to non five percent (5%)
                  owners who attained age seventy and one-half (70-1/2) in 1988
                  will commence no later than April 1, 1990. Distribution of
                  benefits to non five percent (5%) owners who attained age
                  seventy and one-half (70-1/2) prior to January 1, 1988 and
                  who were not five percent (5%) owners for any Plan Year
                  beginning with the Plan Year in which they attained age
                  sixty-six and one-half (66-1/2), will commence no later than
                  the April 1st following the calendar year in which the later
                  of termination of employment or attainment of age seventy and
                  one-half (70-1/2) occurs.

                  Effective January 1, 2002, for Participants who were not five
                  percent (5%) owners for any Plan Year beginning with the Plan
                  Year in which they attained age sixty-six and one-half
                  (66-1/2), notwithstanding any other provisions of the Plan to
                  the contrary, the Plan must begin to distribute a
                  Participant's entire interest in the Plan no later than his
                  `Required Beginning Date'. A Participant's Required Beginning
                  Date is April 1 of the calendar year following the calendar
                  year in which the Participant attains age seventy and one-half
                  (70-1/2) or actually retires, whichever is later.

                  Effective January 1, 2002, a Participant who was not a five
                  percent (5%) owner, and who remains employed following the
                  attainment of age seventy and one-half (70-1/2) will be given
                  the option to begin payment of his benefit as of April 1 of
                  the Plan Year following the Plan Year he attains age seventy
                  and one-half (70-1/2) or to delay commencement until actual
                  retirement from employment with the Employer. The Participant
                  will be given this option as soon as administratively feasible
                  after the Participant attains age seventy and one-half
                  (70-1/2) and the Participant must notify the Administrator of
                  his decision to commence benefit payments or to delay
                  commencement by March 1 of the following calendar year. This
                  election is irrevocable when made. If no election is received
                  by March 1, the Participant will be deemed to have elected to
                  defer his benefit payment until his actual retirement.

         (b)      In the event that an appropriate application for commencement
                  of the payment of a Pension or other benefit hereunder is not
                  received by the Committee within five (5) years after the date
                  the benefit would normally commence, such benefit will be
                  forfeited as of the end of the Plan Year in which such fifth
                  anniversary occurs. If,

                                       31

<PAGE>

                  following such a forfeiture, the Participant, his Eligible
                  Spouse, his Contingent Annuitant, or his Beneficiary makes
                  appropriate application for a benefit which the Committee
                  determines such person would have been entitled to upon prior
                  timely application, the Committee will authorize the benefit
                  to be reinstated and payment to commence as of the first day
                  of the month coincident with or next following such
                  determination.

Section 5.9 - Top-Heavy

Notwithstanding any other provision of this Plan, during any Plan Year in which
the Plan becomes Top-Heavy as defined in Schedule IV, the provisions of Schedule
IV will become operative.

                                       32

<PAGE>

                                   ARTICLE VI

                                 DEATH BENEFITS

Section 6.1 - Death Benefit

The death benefit payable to the Spouse of a deceased eligible Participant will
be either (a) or (b) below as hereinafter provided.

         (a)      A monthly life annuity which is the survivorship portion of
                  the Qualified Joint and Survivor's Pension, assuming, however,
                  that the Participant had separated from Service on his date of
                  death, survived to the earliest retirement age and died on the
                  day after the earliest retirement age. The Qualified Joint and
                  Survivor Pension is the Actuarial Equivalent of the deceased
                  Participant's Accrued Retirement Pension reduced as provided
                  for in Section 5.2 for each month that the Participant's date
                  of death or earliest retirement age, if later, precedes his
                  Normal Retirement Date, or

         (b)      A lump sum amount equal to the Actuarial Equivalent of the
                  survivorship portion of the Qualified Joint and Survivor's
                  Pension of the deceased Participant's Accrued Retirement
                  Pension reduced as provided for in Section 5.2, and computed
                  on the assumption that the Participant had separated from
                  Service on his date of death, survived to the earliest
                  retirement age and died on the day after the earliest
                  retirement age.

Notwithstanding the above, the monthly life annuity provided as pre-retirement
spousal annuity will not be less than the corresponding "qualified
pre-retirement survivor annuity" as described in Code Section 417.

For purposes of this Article VI, "earliest retirement age" will be the earliest
date on which, under the Plan, the Participant could elect to receive Retirement
benefits.

Section 6.2 - Eligible Participants and Determination of Applicable Death
Benefits

Any deceased Active, Disabled or Retired Participant who on the date of his
death:

         (a)      was credited with an Hour of Service on or after August 23,
                  1984,

         (b)      had a vested benefit under this Plan,

         (c)      was not receiving retirement benefit payments, and

         (d)      had an Eligible Spouse immediately preceding the date of his
                  death,

will have a pre-retirement spousal annuity payable to said Spouse. There are no
death benefits payable to unmarried participants.

                                       33

<PAGE>

The Spouse has the option to elect payment of the Death Benefits in the form of
a life annuity or the lump sum equivalent of the applicable death benefit. The
lump sum or annuity will be as provided in Section 6.1(a) or (b) and calculated
as payable commencing on the first day of the month coincident with or next
following the date the Participant would have reached the earliest retirement
age under this Plan, or if later, his date of death.

The lump sum or annuity as calculated in the preceding sentence may be payable
immediately (reduced for early commencement) or deferred to a later date at the
spouse's election.

                                       34

<PAGE>

                                   ARTICLE VII

                  FORM OF PENSION PAYMENT AND OPTIONAL BENEFITS

Section 7.1 - Normal Form of Pension Payment

The normal form of Pension payment will be monthly payments for the life of the
Participant, with no further payments made after his death. Subject to the
provisions of Section 5.9, the first payment will be made on the first day of
the calendar month coinciding with or next following the Participant's
Retirement date, except that with respect to a Participant entitled to a
Disability Pension or a Deferred Vested Pension and a Participant entitled to an
Early Retirement Pension who has elected to defer payment, the date of such
first payment will be the Participant's Normal Retirement Date or such earlier
date elected by the Participant pursuant to Sections 5.4, 4.2 or 4.4, as
applicable. The last payment will be made on the first day of the calendar month
during which the Participant's death occurs.

Pensions will be paid in the normal form for Participants if on the date Pension
payments commence (i) they do not have an Eligible Spouse, or (ii) they have
completed a Qualified Election and have not made an election of any optional
form of Pension pursuant to Section 7.3.

Section 7.2 - Qualified Joint and Survivor Pension

If on the date a Participant's Pension payment commences (including Disability
Pensions) he has an Eligible Spouse to whom the Participant has been
continuously married for a period of at least twelve (12) months as of such
benefit commencement date, such Pension will be paid in the form of an immediate
Qualified Joint and Survivor Pension which is Actuarially Equivalent to the
normal form of payment. Under the Qualified Joint and Survivor Pension, a
reduced amount will be paid to the Participant for his lifetime, and the
Eligible Spouse, if surviving at the Participant's death, will be entitled to
receive thereafter a lifetime Pension in a monthly amount equal to fifty percent
(50%) of the reduced monthly Pension which had been payable to the Participant.
The last payment of the Qualified Joint and Survivor Pension will be made as of
the first (1st) day of the month in which the death of the later to survive of
the Participant and his Eligible Spouse occurs. So long as a Qualified Election
is signed within the ninety (90) day period ending on the date benefits would
commence, a Participant may elect in writing, any time prior to the commencement
of his Pension payments, to receive the normal form of payment; or a Participant
entitled to receive a Normal, Late or Early Retirement, Disability Pension or
Deferred Vested Pension may elect an optional form of payment under Section 7.3.
Any such election for an optional form of payment will be revocable (pursuant to
Section 7.4), at the Participant's option, at any time prior to the date the
Participant's Pension payments commence.

         (a)      Notice of Qualified Election

                  In the case of a Qualified Joint and Survivor Pension as
                  described above, the Plan Administrator will provide each
                  Participant within thirty (30) to ninety (90) days prior to
                  the commencement of benefits, a written explanation of: (i)
                  the terms and

                                       35

<PAGE>

                  conditions of a Qualified Joint and Survivor Pension; (ii) the
                  Participant's right to make and the effect of an election to
                  waive their Qualified Joint and Survivor Pension form of
                  benefit; (iii) the rights of a Participant's Eligible Spouse;
                  and (iv) the right to make, and the effect of, a revocation of
                  a previous election to waive the Qualified Joint and Survivor
                  Pension.

                  A Participant may elect, with applicable spousal consent, to
                  waive any requirements that the written explanation be
                  provided at least thirty (30) days before the annuity starting
                  date if the distribution commences more than seven (7) days
                  after such explanation is provided.

         (b)      Qualified Election

                  Any Participant who desires to waive the Qualified Joint and
                  Survivor Pension must do so in writing within the ninety (90)
                  day period ending on the date benefits would commence and such
                  waiver must be consented to by the Participant's Eligible
                  Spouse. The Eligible Spouse's consent to a waiver must be
                  witnessed by a plan representative or notary public and must
                  be limited to a benefit for a specific alternate Beneficiary
                  in accordance with Section 9.17. Notwithstanding this consent
                  requirement, if the Participant establishes to the
                  satisfaction of a plan representative that such written
                  consent may not be obtained because there is no Eligible
                  Spouse or such Spouse cannot be located, a waiver will be
                  deemed an election qualified under this paragraph. Any consent
                  necessary under this provision will be valid only with respect
                  to the Spouse who signs the consent, or in the event of an
                  election deemed qualified under this paragraph, the designated
                  Eligible Spouse. Additionally, a revocation of a prior waiver
                  may be made by a Participant without the consent of the
                  Eligible Spouse at any time before the commencement of
                  benefits. The number of revocations will not be limited.

Section 7.3 - Optional Forms of Pension

In lieu of the normal form of Pension payable to a Participant under Section 5.1
(Normal Retirement Pension), Section 5.2 (Early Retirement Pension), Section 5.3
(Late Retirement Pension), Section 5.4 (Disability Pension) or Section 5.5
(Deferred Vested Pension) of this Plan, a Participant may elect to receive
benefits of Actuarial Equivalent value as described below. Notwithstanding the
above, any married Participant must have completed a Qualified Election within
the ninety (90) day period ending on the date benefits would commence before any
election of an optional form of Pension will have any effect.

The election of an optional form of Pension will be in writing on a form
approved by the Committee and, if in accordance with the conditions set forth in
Section 7.4 below, will become effective (i) in respect to a Participant who
retires on his Normal or Early Retirement Date, on such Retirement date, (ii) in
respect to a Participant who continues employment beyond his Normal Retirement
Date, on his Late Retirement Date, and (iii) in respect to an Inactive
Participant, the date his Deferred Vested Pension commences, but in no event
prior to the date the written election is filed with the Committee.

                                       36

<PAGE>

         (a)      Lump Sum Distribution - One lump sum payment in cash of the
                  entire Actuarial Equivalent of the Participant's Accrued
                  Retirement Pension.

         (b)      Period-Certain - A reduced Pension payable over sixty (60),
                  one hundred twenty (120) or one hundred eighty (180) months,
                  as the Participant elects, in monthly, quarterly, semiannual
                  or annual installments. The period over which such payment is
                  to be made will not extend beyond the Participant's life
                  expectancy (or the life expectancy of the Participant and his
                  Designated Beneficiary).

         (c)      Purchase of an Annuity Contract - The purchase of an annuity
                  contract to provide pension benefits to the Participant (and
                  his Designated Beneficiary, if any) in any form equivalent in
                  value to the Actuarial Equivalent of the Participant's Accrued
                  Retirement Pension.

Notwithstanding the above, certain small Pension payments may be distributed to
Participants in accordance with the provisions of Section 9.14.

In lieu of the death benefit provided under Section 6.1(b), a Beneficiary may
elect to receive his benefit in the form of a single lump sum.

Notwithstanding the above, distributions may only be made over one of the
following periods (or a combination thereof):

         (a)      the life of the Participant,

         (b)      the life of the Participant and a Designated Beneficiary,

         (c)      a period certain not extending beyond the life expectancy of
                  the Participant, or

         (d)      a period certain not extending beyond the joint and last
                  survivor expectancy of the Participant and a Designated
                  Beneficiary.

For purposes of this computation, a Participant's life expectancy may be
recalculated no more frequently than annually; however, the life expectancy of a
non-spouse Beneficiary may not be recalculated.

Notwithstanding any provision hereof to the contrary, if the value of the
Participant's benefit under any of the above options will be less than an amount
that will satisfy the minimum distribution incidental benefit requirement of
Section 1.401(a)(9)-2 of the Regulations, the optional benefit will be adjusted
so that the value of the Participant's benefit under the option will be equal to
an amount that will satisfy the minimum distribution incidental benefit
requirement of Section 1.401(a)(9)-2 of the Regulations.

Section 7.4 - Conditions Regarding Optional Forms of Pension

Any optional form of Pension provided under this Plan as determined by the
Committee other than through the options available under an insurance or annuity
contract will be subject to the following conditions:

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<PAGE>

         (a)      An election of an optional form of Pension or a change of
                  Contingent Annuitant will become effective only if it is filed
                  with the Committee in writing on a form approved by the
                  Committee prior to the date the election is to become
                  effective, provided that an election, any change or revocation
                  of an election, or any change in the designation of a
                  Contingent Annuitant may be made no earlier than 30 days from
                  the date payment of the Participant's Pension commences. Any
                  attempted election of an optional form of Pension or change of
                  a Contingent Annuitant not meeting the conditions of the
                  preceding sentence will be void for all purposes, unless the
                  Committee determines otherwise in accordance with the
                  provisions of Section 9.6.

         (b)      To elect a Contingent Annuitant Option (or to change a
                  Contingent Annuitant), a Participant will designate his
                  Contingent Annuitant on a form provided for this purpose, and
                  will furnish within thirty (30) days thereafter, but not later
                  than the date on which he will retire, proof satisfactory to
                  the Committee of the age of the Contingent Annuitant.

         (c)      An election made pursuant to Section 7.3 will become
                  inoperative if the death of the Participant or the Contingent
                  Annuitant [under Section 7.3(b)] occurs before the election of
                  the optional form of Pension becomes effective and death
                  benefits will be paid according to Article VI.

         (d)      If the Contingent Annuitant dies after the date payment of the
                  Participant's Pension commences but before the death of the
                  retired Participant, such Participant will continue to receive
                  the same amount of Pension payable to him in accordance with
                  such election.

         (e)      If the Participant will become reemployed by an Employer after
                  the election has become effective, his election will
                  nevertheless continue to be effective, and if the Participant
                  will die before retiring, his Contingent Annuitant (or
                  Beneficiary) will receive the amount of Pension which would be
                  payable to such Contingent Annuitant (or Beneficiary) in
                  accordance with such election, as if such Participant had
                  retired on the date of his death.

Any optional form of Pension paid through an insurance or annuity contract
(individual or group) will be subject to the conditions contained in or
otherwise applicable to such insurance or annuity contract.

Any recipient of an "eligible rollover distribution" may elect, at the time and
in the manner announced by the Administrator, to have any portion of that
distribution paid directly to any eligible retirement plan he designates.

         (a)      Definitions

                  (i)      Eligible rollover distribution. Any distribution of
                           all or any portion of the balance to the credit of
                           the distributee, except (i) any distribution that is
                           one

                                       38

<PAGE>

                           of a series of substantially equal periodic payments
                           (not less frequently than annually) made for the life
                           (or life expectancy) of the distributee or the joint
                           lives (or joint life expectancies) of the distributee
                           and the distributee's designated beneficiary, or for
                           a specified period of ten years or more (ii) any
                           portion of the distribution required to be made under
                           Code Section 401(a)(9) or (iii) any portion of the
                           distribution that is not includable in gross income
                           (determined without regard to the exclusion for net
                           unrealized appreciation with respect to employer
                           securities).

                  (ii)     "eligible retirement plan" means an individual
                           retirement account described in Code Section 408(a),
                           an individual retirement annuity described in Code
                           Section 408(b), an annuity plan described in Code
                           Section 403(a), or a qualified trust described in
                           Code Section 401(a), that will accept the
                           distributee's eligible rollover distribution.
                           However, if the eligible rollover distribution is
                           being made to a surviving spouse, an eligible
                           retirement plan is an individual retirement account
                           or individual retirement annuity only. Effective
                           January 1, 2002, for purposes of the direct rollover
                           provisions, an eligible retirement plan shall also
                           mean an annuity contract described in Code Section
                           457(b) which is maintained by a state, political
                           subdivision of a state, or any agency or
                           instrumentality of a state or political subdivision
                           of a state and which agrees to separately account for
                           amounts transferred into such plan from this plan.
                           The definition of eligible retirement plan shall also
                           apply in the case of a distribution to a surviving
                           spouse, or to a spouse or former spouse who is the
                           alternate payee under a qualified domestic relation
                           order, as defined in Code Section 414(p).

                  (iii)    "distributee" means an employee or former employee
                           and, with respect to their interests only, the
                           employee's or former employee's surviving spouse and
                           the employee's or former employee's spouse or former
                           spouse who is the alternate payee under a qualified
                           domestic relations order, as defined in Code Section
                           414(p).

                  (iv)     "direct rollover" means a payment by the Plan to the
                           eligible retirement plan specified by the
                           distributee.

                                       39

<PAGE>

                                  ARTICLE VIII

                                 PLAN FINANCING

Section 8.1 - Contributions

Except as may otherwise be provided in Schedule III, no contributions will be
required or permitted from any Participant. The Employers will make
contributions in such amounts and at such times in accordance with (i) a funding
method and policy to be established by the Company consistent with Plan
objectives, and (ii) annual actuarial valuations of the Plan prepared by the
Actuary. It is the intention of each Employer to continue this Plan as it
applies to its employees and make contributions regularly each year. However,
nothing contained in this Plan or the Trust Agreement by which it is implemented
will be deemed to require any Employer to make contributions under this Plan,
and no Employer will be under any legal obligation to contribute to this Plan.
Forfeitures arising under this Plan because of severance of employment before a
Participant becomes eligible for a Pension, or for any other reason, will to the
extent permitted by law be applied to reduce the cost of the Plan, not to
increase the benefits otherwise payable under the Plan.

Section 8.2 - Funding Policy and Method

The Company will establish a funding policy and method, and advise the Trustee
thereof, so that the investment of the Trust Fund can be appropriately
coordinated with the Plan's financial needs (such as the requirements for
liquidity and investment performance to meet expected benefit payments) both on
a short-term and a long-term basis.

Section 8.3 - Trust Fund

         (a)      All contributions made by the Employers under this Plan will
                  be paid to the Trustee and deposited in the Trust Fund. The
                  Trustee will invest the assets of the Trust Fund, including
                  any insurance or annuity contracts (individual or group)
                  comprising a part thereof, in accordance with the Trust
                  Agreement. Except as otherwise provided herein, all assets of
                  the Trust Fund allocable to this Plan, including investment
                  income, will be retained for the exclusive benefit of
                  Participants and their Beneficiaries, will be used to pay
                  benefits to such persons or to pay administrative expenses to
                  the extent not paid by the Employers, and will not revert to
                  or inure to the benefit of any Employer.

         (b)      Notwithstanding anything herein to the contrary, upon an
                  Employer's request, a contribution which was made by a mistake
                  of fact, or which is determined to be nondeductible under Code
                  Section 404, will be returned to the Employer within one (1)
                  year after the payment of the contribution, or the
                  disallowance of the deduction (to the extent disallowed),
                  whichever is applicable.

Section 8.4 - Single Plan

                                       40

<PAGE>

Trust Fund assets allocable to contributions made under the Plan by one Employer
will be available on an ongoing basis to satisfy the total Plan liabilities of
all participating Employers; however, Trust Fund assets attributable to
contributions to another employee benefit plan will first be available on a
termination basis to the extent required to satisfy liabilities, if any, under
this Plan which arise from such other employee benefit plan.

                                       41

<PAGE>

                                   ARTICLE IX

                                 ADMINISTRATION

Section 9.1 - Allocation of Responsibility Among Fiduciaries for Plan and Trust
Administration

The Fiduciaries will have only those powers, duties, responsibilities and
obligations as are specifically given them under this Plan or the Trust
Agreement. Any power, duty, responsibility or obligation for the control,
management or administration of the Plan or Trust Fund which is not specifically
allocated to any Fiduciary, or with respect to which the allocation is in doubt,
will be deemed allocated to the Company. In general, the Employers will have the
sole responsibility for making the contributions, as specified in Article VIII
and subject to the provisions of Article VIII, necessary to provide benefits
under the Plan in respect to their employees. The Company will have the sole
authority to appoint and remove the Trustee, members of the Committee, any
Investment Manager, and to amend or terminate, in whole or in part, this Plan or
the Trust Agreement. The Committee will have the sole responsibility for the
administration of this Plan, as specifically described in this Plan and the
Trust Agreement. The Trustee will have the sole responsibility for the
administration of the Trust and the management of the Trust assets except in
respect to insurance or annuity contracts or in respect to powers delegated to
an Investment Manager.

The Company, by written instrument filed with the records of the Plan may
designate fiduciary capacities and/or Fiduciaries other than those named herein.
A Fiduciary may serve in more than one fiduciary capacity in respect to the
Plan. A Fiduciary will have the authority to designate parties other than
Fiduciaries to carry out all or a portion of his fiduciary responsibilities,
through a written instrument. A Fiduciary or party designated to carry out all
or a portion of a Fiduciary's responsibilities, as provided above, may employ
one or more parties to render advice with regard to any responsibility he has
under the Plan.

Section 9.2 - Indemnification

The Company will indemnify each member of the Committee and any other employee,
officer or director of the Company or a Related Company against any claims,
loss, damage, expense and liability (other than amounts paid in settlement not
approved by the Company) reasonably incurred by him in connection with any
action or failure to act to which he may be party by reason of his membership on
the Committee or performance of an authorized duty or responsibility for or on
behalf of the Company or a Related Company pursuant to the Plan or Trust unless
the same is judicially determined to be the result of the individual's gross
negligence or willful misconduct. Such indemnification by the Company will be
made only to the extent (i) such expense or liability is not payable to or on
behalf of such person under any liability insurance coverage, and (ii) the Trust
is precluded from assuming such expense or liability because of the operations
of ERISA Section 410 or other applicable law. The foregoing right to
indemnification will be in addition to any other rights to which any such person
may be entitled as a matter of law.

Section 9.3 - Appointment of Committee

                                       42

<PAGE>

The Plan will be administered by a Retirement Committee consisting of at least
three (3) persons who will be appointed by the Chief Executive Officer of the
Company, with the approval of the Board, and will continue to serve at the
pleasure of the Board. A person who is selected as a member of the Committee
also may serve in one or more other fiduciary capacities with respect to the
Plan and may be a Participant. The Board will have the right to remove any
member of the Committee at any time, and a member may resign at any time by
written resignation to the Company. The Chief Executive Officer, with the
approval of the Board, may fill by appointment any vacancy in the membership of
the Committee. All usual and reasonable expenses of the Committee incurred by
them in the administration of the Plan and Trust, including but not limited to
fees and expenses of professional advisors referred to above, may be paid in
whole or in part by the Employers, and any expenses not paid by the Employers
will be paid by the Trustee out of the principal or income of the Trust Fund.
Any members of the Committee must be full-time employees of the Company or
Related Company and will not receive compensation with respect to their services
for the Committee.

Section 9.4 - Records and Reports

The Committee will exercise such authority and responsibility as it deems
appropriate in order to comply with the Code, ERISA and governmental regulations
issued thereunder relating to records of Participants' Service, accrued benefits
and the percentage of such benefits which is nonforfeitable under the Plan;
notifications to Participants; annual registration with the Internal Revenue
Service; annual reports to the Department of Labor; and reports to the Pension
Benefit Guaranty Corporation. The Employers and the Committee will each keep or
cause to be kept such employee and Participant data and other records, and will
each reasonably give notice to the other of such information, as will be proper,
necessary or desirable to effectuate the purpose of the Plan. Neither the
Employers nor the Committee will be required to duplicate any records kept by
the other.

Section 9.5 - Other Committee Powers and Duties

The Committee will have such duties and powers as may be necessary to discharge
its duties hereunder, including, but not by way of limitation, the following:

         (a)      In its sole discretion, to construe and interpret the Plan,
                  including the supplying of any omissions in accordance with
                  the intent of the Plan, decide all questions of eligibility,
                  determine the amount, manner and time of payment of any
                  benefits hereunder, and to authorize the payment of benefits;

         (b)      To prescribe forms and procedures to be followed by the
                  Participants and Beneficiaries filing applications for
                  benefits;

         (c)      To prepare and distribute, in such manner as the Committee
                  determines to be appropriate, information explaining the Plan;

         (d)      To receive from the Employers and from Participants such
                  information as will be necessary for the proper administration
                  of the Plan;

                                       43

<PAGE>

         (e)      To furnish the Employers, upon request, such annual reports
                  with respect to the administration of the Plan as are
                  reasonable and appropriate;

         (f)      To receive, review and keep on file (as it may deem convenient
                  or proper) reports of the financial condition, and of the
                  receipts and disbursements, of the Trust Fund from the
                  Trustee;

         (g)      To appoint, employ or designate individuals to assist in the
                  administration of the Plan and any other agents it deems
                  advisable, including legal and actuarial counsel; and

         (h)      To exercise such other powers and duties as the Board may
                  delegate to it.

The Committee may retain auditors, accountants, physicians, actuaries, legal
counsel and other professional advisors selected by it. Any Committee member or
other Fiduciary may himself act in any such capacity, and any such auditors,
accountants, physicians, actuaries, legal counsel, or other professional
advisors may be persons acting in a similar capacity for any Employer and/or any
nonparticipating Related Company and may be employees of any Employer and/or any
nonparticipating Related Company. The opinion of or information and data
contained in any certificate or report or other material prepared by any such
auditor, physician, actuary, accountant, legal counsel, or other professional
advisor will be full and complete authority and protection in respect of any
action taken, suffered or omitted by the Committee or other Fiduciary in good
faith and in accordance with such opinion or information and no member of the
Committee or other Fiduciary will be deemed imprudent by reason of any such
action.

The Committee will cause the Actuary to prepare actuarial valuations of the Plan
for each full Plan Year. In making the annual actuarial valuation of the Plan,
the Actuary may rely upon the written statements of the Trustee, Investment
Manager and/or insurance company which holds or manages Trust Fund assets
concerning the value of such assets in the Trust Fund and will not be required
to make any independent investigation with respect thereto. The Actuary may also
rely upon any information furnished him by the Employers, the Committee, an
accountant or auditor.

Section 9.6 - Rules and Decisions

The Committee may adopt such rules as it deems necessary, desirable or
appropriate for the proper and efficient administration of the Plan and as are
consistent with the provisions of the Plan. Rules and decisions of the Committee
will not discriminate in favor of officers, directors or highly paid or
compensated employees of the Company and all Related Companies which are members
of the same controlled group of corporations as the Company when viewed as a
single entity. When making a determination or calculation, the Committee will be
entitled to rely upon information furnished by a Participant or Beneficiary, an
Employer, the legal counsel of an Employer, an actuary, or the Trustee. The
determination of the Committee as to any disputed question arising hereunder
including, but without limitation thereto, questions of construction,
administration and interpretation, will be final and conclusive upon all persons
including, but not by way of limitation, Eligible Employees, Participants,
Beneficiaries, and their heirs, distributees and personal representatives, and
any other person claiming an interest under the Plan and will not be deemed

                                       44

<PAGE>

imprudent.

Section 9.7 - Committee Procedures

The Committee may act at a meeting or in writing without a meeting. All
decisions of the Committee will be made by the vote of the majority including
actions in writing taken without a meeting. The Committee may adopt such
operating procedures and regulations as it deems desirable for the conduct of
its affairs and may authorize a member, or each member, of the Committee to act
on its behalf in certain administrative matters deemed by them to be routine in
nature, including the execution of documents. No Committee member who is a
Participant will have any vote in any decision of the Committee made uniquely
with respect to such Committee member or his benefits hereunder.

Section 9.8 - Authorization of Benefit Payments

The Committee will issue directions to the Trustee and/or the applicable
insurance company, if any, concerning all benefits which are to be paid from the
Trust Fund pursuant to the provisions of the Plan, and certify that all such
directions are in accordance with this Plan.

Section 9.9 - Application and Forms for Pension

The Committee will require a Participant to complete and file with the Committee
an application for Pension and all other forms approved by the Committee, and to
furnish all pertinent information requested by the Committee and the Committee
will not be deemed imprudent by reason of failure to recognize or act in regard
to other types of communications received. The Committee may rely upon all such
information so furnished it, including the Participant's current mailing
address. To the extent that the Company or the Committee will prescribe forms
for use by the Participants, former Participants and their respective
Beneficiaries in communicating with the Employers or the Committee, as the case
may be, and will establish periods during which communications may be received,
they and the Employers will respectively be protected in disregarding any notice
or communication for which a form will so have been prescribed and which will
not be made on such form and any notice or communication for the receipt of
which a period will so have been established and which will not be received
during such period, or in accepting any notice or communication which will not
be made on the proper form and/or received during the proper period. Each
Employer and the Committee will respectively also be protected in acting upon
any notice or other communication purporting to be signed by any person and
reasonably believed to be genuine and accurate, and will not be deemed imprudent
by reason of so doing.

Section 9.10 - Facility of Payment

Whenever, in the Committee's opinion, a person entitled to receive any payment
of a benefit, or installment thereof, hereunder is under a legal disability or
is incapacitated in any way so as to be unable to manage his financial affairs,
the Committee may direct the trustee and/or the applicable insurance company, if
any, to make payments to such person or to his legal representative. Any payment
of a benefit or installment thereof in accordance with the provisions of this
Section will be a complete discharge of any liability for the making of such
payment under the provisions of the

                                       45

<PAGE>

Plan.

If any Beneficiary of any Participant or former Participant will be a minor, the
Committee and the Trustee will be fully protected in making any payment required
to be made to such minor to any person who will be a custodian for such minor
under the provisions of the Uniform Gifts to Minors Act in effect in the state
in which such minor will reside at the time of such payment.

Section 9.11 - Claims Procedure

The Committee will notify each Participant of his entitlement to receive
benefits under this Plan and will provide appropriate forms on which application
for such benefits may be made.

Each Participant or Beneficiary claiming a benefit under the Plan must complete
and file such application forms with the Committee. The Committee may designate
a member to review all applications for benefits. That person will notify the
claimant in writing of his decision within ninety (90) days of his receipt of
the application. If special circumstances require any extension of time (not to
exceed ninety (90) days) for processing the claim, the claimant will be notified
in writing of the extension prior to the expiration of the initial ninety (90)
day period.

The reviewing member of the Committee will make all determinations on behalf of
the Committee as to the right of any person to a benefit. Any denial by the
reviewing Committee member of a claim for benefits by a Participant or
Beneficiary will be stated in writing and delivered or mailed to the Participant
or Beneficiary. The notice will be written to the best of the reviewing
Committee member's ability in a manner that may be understood without legal or
actuarial counsel. Such notice will set forth specific reasons for the denial
and, if applicable, a description of additional material or information
necessary for the claimant to perfect his claim. If the reviewing Committee
member rejects the application solely because the claimant failed to furnish
certain necessary material or information, the notice will explain what
additional material is needed and why, and advise the claimant that he may
refile a proper application under the above claim procedure.

Section 9.12 - Appeal and Review Procedure

If a claim has been denied by the reviewing Committee member, the claimant may
appeal the denial within thirty (30) days after his receipt of written notice
thereof by submitting in writing to the Committee a request for review of the
denial of claim. A claimant may also submit a written statement of issues and
comments concerning his claim, and he may request an opportunity to review the
Plan, the Trust Agreement and any other pertinent documents (which will be made
available to him by the Committee within thirty (30) days after its receipt of a
copy of the request, at a convenient location during regular business hours).

If an appeal is made, the Committee will render its final decision with the
specific reasons therefore in writing and transmit it to the claimant by
certified mail within sixty (60) days of its receipt of the request for review.

                                       46

<PAGE>

Section 9.13 - Evidence

Evidence required of anyone under the Plan may be by certificate, affidavit,
document or other information, which the person acting on it considers pertinent
and reliable, and signed, made or presented by the proper party or parties.

Section 9.14 - Limitation Regarding Small Payments

If any Pension or other Plan benefit has a single sum value as determined by
Section 1.1 not greater than three thousand five hundred dollars ($3,500),
effective January 1, 2001, five thousand dollars ($5,000), or such other amount
as may, by regulations of the Secretary of the Treasury, be established as the
maximum amount that may be paid out without the Participant's consent, the
Committee will distribute that single sum-amount to a Deferred Vested
Participant as soon as practicable upon his termination of employment.

Section 9.15 - Underwriting of Benefits

The Company in its sole discretion and from time to time may direct the Trustee
to provide the benefits hereunder for one or more Participants or their
Beneficiaries by purchase of insurance company annuity contracts (individual or
group) or otherwise.

Section 9.16 - Misstatement in Application for Benefits

If any person in his application to participate in the Plan or for benefits
hereunder, or in response to any request of the Committee or an Employer for
information, makes any statement which is erroneous or omits any material fact
or fails before receiving his first payment to correct any information he
previously incorrectly furnished to the Employer or the Committee for its
records, the amount of his retirement income will be adjusted on the basis of
the true facts, and the amount of any overpayment made to such person will be
deducted from his next succeeding payments as the Committee will direct.

Section 9.17 - Beneficiary Designation

Unless a valid Qualified Election pursuant to Section 7.2 is in effect at the
time his Pension Commences, a Participant's surviving Eligible Spouse will be
deemed a Designated Beneficiary for all purposes under the Plan without the
filing of a Beneficiary designation form with the Committee as hereinafter
provided. No other Beneficiary designation by the Participant, except to
designate a contingent Beneficiary or Beneficiaries to receive benefits if the
Participant dies unmarried, will be effective without such a valid Qualified
Election.

Each unmarried Participant or Participant and Spouse who have completed a
Qualified Election pursuant to Section 7.2, having elected an optional form of
Pension providing for death benefits, may from time to time designate a person
or persons (who may be designated contingently or successively and who may be an
entity other than a natural person) as a Beneficiary or Beneficiaries to whom
Plan benefits are paid if the Participant dies before receipt of all such
benefits. Each Beneficiary designation will be filed in the form prescribed by
the Committee and will be effective

                                       47

<PAGE>

only when filed with the Committee during the Participant's lifetime. Each
Beneficiary designation filed with the Committee will cancel all Beneficiary
designations previously filed with the Committee. The revocation of a
Beneficiary designation described in this paragraph, no matter how effected,
will not require the consent of any designated Beneficiary, except the
Participant's Spouse. Any cancellation of such Beneficiary designation without
filing another Beneficiary designation will be interpreted as a revocation of a
Qualified Election, such that a Participant's spouse will once again be deemed
his Designated Beneficiary.

If any Participant is not survived by any Beneficiary or Beneficiaries as
designated above, any death benefit payable hereunder upon the Participant's
death will be paid to the executor or administrator of the Participant's estate.

A surviving Beneficiary of a Participant may designate a Beneficiary to whom
Plan benefits are to be paid if (i) the Beneficiary's death occurs before
receipt of all benefits otherwise payable, and (ii) without survival of a
successive Beneficiary appointed by the Participant, or such successive
Beneficiary has also died. Provided, however, if the surviving Beneficiary was
the Participant's Spouse, no successive Beneficiary designation by the
Participant and his spouse will have any effect without a prior Qualified
Election. If such a surviving Beneficiary dies before receiving the entire
benefit otherwise payable and has not designated a Beneficiary to whom his Plan
benefits are to be paid if death occurs before receipt of such benefits (and
said Beneficiary is not survived by a successive Beneficiary appointed by the
Participant and his spouse, or the successive Beneficiary has also died), the
remainder of such benefits will be paid to such Beneficiary's spouse, if living,
or otherwise to the executor or administrator of such Beneficiary's estate.

                                       48

<PAGE>

                                    ARTICLE X

              AMENDMENT, RIGHT TO TERMINATE AND ACTION BY EMPLOYER

Section 10.1 - Right to Amend

The Company reserves the right at any time and from time to time by action of
its Board to modify or amend in whole or in part any or all of the provisions of
this Plan. No amendment to the Plan (including a change in the Actuarial
Equivalency for determining optional or early retirement benefits) will be
effective to the extent that it has the effect of decreasing a Participant's
accrued benefit. Notwithstanding the preceding sentence, a Participant's accrued
benefit may be reduced to the extent permitted under Code Section 412(c)(8). For
purposes of this paragraph, a plan amendment which has the effect of (1)
eliminating or reducing an early retirement benefit or a retirement-type
subsidy, or (2) eliminating an optional form of benefit, with respect to
benefits attributable to Service before the amendment will be treated as
reducing accrued benefits. In the case of a retirement-type subsidy, the
preceding sentence will apply only with respect to a Participant who satisfies
(either before or after the amendment) the preamendment conditions for the
subsidy. In general, a retirement-type subsidy is a subsidy that continues after
retirement, but does not include a qualified disability benefit, a medical
benefit, a social security supplement, a death benefit (including life
insurance), or a plant shutdown benefit (that does not continue after retirement
age). Furthermore, no amendment to the plan will have the effect of decreasing a
Participant's vested interest determined without regard to such amendment as of
the later of the date such amendment is adopted, or becomes effective.

Provided, however, a retroactive reduction in benefits will be permissible if
the Secretary of Labor determines that such retroactive reduction is required to
avoid a substantial business hardship and that a variance from the minimum
funding standards under ERISA is unavailable or inadequate to relieve such
hardship; provided, further, if any such modification or amendment resulting in
a retroactive reduction in benefits is so approved, and the total value of such
reduced benefits based upon the actuarial assumptions then in effect will not be
less than the value of the assets of the Trust Fund on the effective date of
such modification or amendment.

Notwithstanding anything herein to the contrary, the Board in its sole
discretion may make any modifications or amendments, additions or deletions in
this Plan as to benefits or otherwise, retroactively if necessary, and
regardless of the effect on the rights of any particular Participants, which it
deems appropriate in order to bring this Plan into conformity with or to satisfy
any conditions of the Code or ERISA or any other law which may apply to this
Plan and in order to maintain the qualification of this Plan and the Trust
Agreement under Code Section 401(a) and to maintain the tax-exempt status of the
Trust under Code Section 501(a).

                                       49

<PAGE>

Section 10.2 - Right to Discontinue Benefit Accrual

The Company and any applicable Employer reserves the right to provide that the
benefits accrued for affected Participants be "frozen" as of a specified date
and be distributed on an ongoing Plan basis in accordance with the applicable
provisions for Retirement, death or other termination of employment. In such
event, any portion of the liabilities for such accrued benefits which are not
yet funded will continue to be funded by the Employer(s) or former Employer(s)
whose employees are affected or the applicable portion of the Plan will be
deemed terminated.

Section 10.3 - Right to Terminate

The Company reserves the right to terminate this Plan in whole or in part at any
time. In the event of a complete or partial termination of the Plan (within the
meaning of Code Section 411(d)(3) and regulations issued thereunder), the
provisions of Schedule I hereof will apply, as applicable. If one or more
participating Employers discontinue participation in the Plan under
circumstances which do not constitute a complete or partial termination of the
Plan, the Plan as it applies to Eligible Employees and former Eligible Employees
of such Employer or Employers will continue until such time as the Company
terminates the Plan or until the applicable portion of the Trust Fund, to the
extent available, will have been distributed in accordance with the Plan. Upon
termination or partial termination of the Plan, the rights of all affected
Participants to any benefits provided under the Plan which have accrued to the
date of termination or partial termination will be nonforfeitable.

Section 10.4 - Action by Employer

Any action by an Employer under this Plan may be by resolution of its board of
directors, or by any person or persons duly authorized by resolution of said
board to take such action.

                                       50

<PAGE>

                                   ARTICLE XI

             SUCCESSOR EMPLOYER AND MERGER OR CONSOLIDATION oF PLANS

Section 11.1 - Successor Employer

In the event of the dissolution, merger, consolidation or reorganization of an
Employer, provision may be made by which the Plan and Trust will be continued by
the successor; and, in that event, such successor will be substituted for such
Employer under the Plan. Unless otherwise provided, the substitution of the
successor will constitute an assumption of the Plan liabilities by the successor
and the successor will have all of the powers, duties and responsibilities of
the Employer under the Plan. The applicable provisions of Section 2.4 will apply
in respect to mergers, consolidations or reorganizations.

If any entity other than an Employer acquires an Employer or any plant,
division, department or operation of an Employer as a going concern, then the
Company, as determined by the Board, may, in lieu of the normal operation of
Section 4.5 or Schedule I hereof, cause any part of the Trust Fund which is
allocable to Participants who thereupon become employed (directly or indirectly)
by the acquirer and their Eligible Spouses, Contingent Annuitants and
Beneficiaries, if any, to be segregated and deposited in a separate fund, which
fund will thereafter be held subject to a separate plan governed by the same
provisions as this Plan, until amended. Such allocation of Trust Fund assets
will be determined by the Actuary in accordance with the manner and priority
described for allocation in Schedule I. Unless otherwise provided, such event
will constitute the assumption by the acquirer (through such separate plan) of
this Plan's liabilities related to the acquirer's employees, and the acquirer
will assume all the powers, duties and responsibilities of the sponsoring
Company under the separate plan. In such case, this Plan will not be deemed
terminated or discontinued in whole or in part as it applies to any Employer.
Alternatively, the Company may discontinue this Plan as to such acquired
Employer or unit and the provisions of Section 4.5 or Schedule I hereof,
whichever is applicable, will be applied.

Section 11.2 - Merger

Neither the merger of any Employer with any other organization nor the merger of
this Plan with any other retirement plan will in and of itself result in the
termination of this Plan or be deemed a termination of employment as respects
any Eligible Employee.

However, this Plan may not be merged nor its assets transferred to any other
retirement plan unless:

         (a)      The benefit to which each Participant and Beneficiary would be
                  entitled upon termination of the Plan immediately after such
                  merger will be equal to or greater than the benefit to which
                  he would be entitled if this Plan were to terminate
                  immediately prior to such merger, except as otherwise
                  specified or allowed by applicable federal law or regulations;
                  and

                                       51

<PAGE>

         (b)      Resolutions of the board of directors of the Employer under
                  this Plan, and any new or successor Employer employing
                  Participants, will authorize such transfer of assets; and

         (c)      Such other plan and trust are qualified under Code Sections
                  401(a) and 501(a).

                                       52

<PAGE>

                                   ARTICLE XII

                            MISCELLANEOUS PROVISIONS

Section 12.1 - Nonguarantee of Employment

Nothing contained in this Plan or in the forms issued pursuant to this Plan will
be construed as a contract of employment or reemployment between an Employer and
any employee, or as a right of any employee to be continued in the employment of
an Employer or to be rehired by an Employer, or as a limitation of the right of
an Employer to discharge any of its employees, with or without cause.

Section 12.2 - Rights to Trust Assets

No Eligible Employee will have any right to, or interest in, any assets of the
Trust Fund upon termination of his employment or otherwise, except as provided
from time to time under this Plan, and then only to the extent of the benefits
payable under the Plan to such Eligible Employee out of the assets of the Trust
Fund.

None of the Trustees, any applicable insurance company (except as otherwise
provided in any applicable insurance or annuity contract), the Committee, or any
Employer in any way guarantees the Trust Fund from loss or depreciation. The
Employers do not guarantee any payment to any person.

Except as otherwise provided by law, no benefit, payment or distribution under
this Plan will be subject either to the claim of any creditor of a Participant,
Eligible Spouse, Contingent Annuitant or Beneficiary, or to attachment,
garnishment, levy (other than a federal tax levy under Code Section 6331),
execution or other legal or equitable process, by any creditor of such person,
and no such person will have any right to alienate, commute, anticipate or
assign (either at law or equity) all or any portion of any benefit, payment or
distribution under this Plan. Notwithstanding the above, payment will be made
pursuant to a Qualified Domestic Relations Order as defined in Code Section
414(p) and may be made in the form of an immediate lump sum if such form is
elected by the alternate payee designated in that Order.

The Trust Fund will not in any manner be liable for or subject to the debts,
contracts, liabilities, engagements or torts of any person entitled to benefits
hereunder.

If any Participant's benefits are garnished or attached by order of any court,
the Committee may elect to bring an action for a declaratory judgment in a court
of competent jurisdiction to determine the proper recipient of the benefits to
be paid by the Plan. During the pendency of said action, any benefits that
become payable may be paid into the court as they become payable, to be
distributed by the court to the recipient it deems proper at the close of said
action.

                                       53

<PAGE>

Section 12.3 - Disallowance of Contribution Deduction

In the event the Commissioner of the Internal Revenue or his delegate rules that
a contribution deduction for all or a part of the Employer's contribution to
this plan is not allowed, the Employer will recover, within one (1) year after
the disallowance of such contribution deduction, that portion of the Employer's
contribution for which no deduction was permitted to be taken or allowed.

Section 12.4 - Mistake of Fact

A contribution made by the Employer as a result of a mistake of fact shall be
returned to the Employer by the Trustee within one (1) year after the payment of
the contribution.

                                       54

<PAGE>

                                  ARTICLE XIII

                               GENERAL PROVISIONS

Section 13.1 - Construction

In the construction of the Plan, the masculine will include the feminine and the
singular the plural in all cases where such meanings would be appropriate.

Section 13.2 - Controlling Law

The law of the State of Ohio will be the controlling state law in all matters
relating to the Plan and will apply to the extent that it is not preempted by
the laws of the United States of America.

Section 13.3 - Effect of Invalidity of Provision

If any provision of this Plan is held invalid or unenforceable, such invalidity
or unenforceability will not affect any other provisions hereof, and this Plan
will be construed and enforced as if such provision had not been included.

Section 13.4 - Execution - Number of Copies

This Plan may be executed in any number of counterparts, each of which will be
deemed an original, and the counterparts will constitute one and the same
instrument, which will be sufficiently evidenced by any one thereof.

                  IN WITNESS WHEREOF, the Company has caused the Plan to be
signed and adopted this 28th day of June, 2003.

                                               BIG LOTS STORES, INC.

      (Corporate Seal)                         By: /s/ Albert J. Bell
                                                   -----------------------------
/s/ Charles W. Haubiel II                      Title: Vice Chairman
---------------------------
Attest:

Vice President, General
Counsel & Secretary
Title:

                                       55

<PAGE>

                                   SCHEDULE I

                               TERMINATION OF PLAN

Section 1 - Effect on Participants

In the event of a complete or partial termination of the Plan, the rights of all
applicable affected Participants, Eligible Spouses, Contingent Annuitants and
Beneficiaries to benefits accrued to the date of such termination will be
nonforfeitable (except to the extent that applicable law may preclude such
vesting in order to prevent discrimination) and will be provided from the Plan
assets to the extent funded in accordance with the provisions of this Schedule
I.

Section 2 - Allocation of Assets

In the event of a complete or partial termination of the Plan, the Plan
Administrator will cause the assets of the Plan which are available to provide
benefits (after payment of any expenses properly chargeable to the Trust) to be
allocated among affected Participants, Eligible Spouses, Contingent Annuitants
and Beneficiaries. Such shares will be determined actuarially and distributed in
accordance with the benefit priorities set forth in ERISA Section 4044 and
regulations issued thereunder.

Section 3 - Distribution of Assets

Any distribution of benefits following a complete or partial termination of the
Plan may be made in whole or in part in cash, in securities or other assets in
kind (based on their fair market value as of the date of distribution), or in
the form of installment or retirement income payments from the Trust, or in
nontransferable annuity contracts, as the Committee in its discretion will
determine.

Section 4 - Residual Amounts

In no event will the Company or any Employer receive any amount from the Trust
Fund upon complete or partial termination of the Plan except that, and
notwithstanding any other provision of the Plan, the Company (and participating
Employers, as applicable) will receive such amounts, if any, as may remain after
satisfaction of all Plan liabilities arising from variations between actual
requirements and expected actuarial requirements.

                                       56

<PAGE>

                                   SCHEDULE II

                             LIMITATION ON BENEFITS

Section 1 - Basic Limitation

         (a)      In General - Except as otherwise provided in paragraph (c)
                  below, the total annual amount of a Participant's Pension
                  computed under Article V or, where applicable, Article VII of
                  this Plan [and under any and all other plans of the Company or
                  any Related Company which are considered "defined benefit
                  plans" under ERISA Section 3(35)] will not exceed the smaller
                  of the following two amounts:

                  (i)      ninety thousand dollars ($90,000) subject to the
                           adjustments described in Section 2(a) or (b) below,
                           or

                  (ii)     An amount equal to one hundred percent (100%) of his
                           annual average earnings during the three (3)
                           consecutive years of participation that produce the
                           highest average, subject to the adjustments described
                           in Sections 2(c) and 2(d) below.

                  Effective January 1, 1997, average annual earnings will not be
                  in excess of the amount permitted under Code Section
                  401(a)(17), as indexed, for purposes of applying these limits.

         (b)      If Pension Option Is In Effect - If the Pension is payable to
                  the Participant in a form other than that of either a straight
                  life annuity or the Qualified Joint and Survivor Pension, the
                  amount of such Pension will be adjusted to the Actuarial
                  Equivalent Pension on a straight life annuity basis for
                  purposes of applying the above limitation.

         (c)      Exemption For Ten Thousand Dollar ($10,000) Pension - A
                  Participant's Pension will not be subject to the limitations
                  described in this Schedule II if:

                  (i)      The annual amount of his Pension computed under
                           Article V or, where applicable, Article VII of this
                           Plan, and under all other plans of the Company or any
                           Related Company which are considered "defined benefit
                           plans" under ERISA Section 3(35), does not exceed ten
                           thousand dollars ($10,000) (subject to the adjustment
                           described in Section 2(c) below), and

                  (ii)     At no time did he participate in a plan maintained by
                           the Company or any Related Company, which is,
                           considered a "defined contribution plan" under ERISA
                           Section 3(34).

                                       57

<PAGE>

Section 2 - Adjustments to Basic Limitation

         (a)      Adjustment If Pension Begins Before a Participant's Social
                  Security Retirement Age - If any Pension commences under this
                  Plan before Attained Age sixty-two (62), but prior to the
                  Participant's Social Security Retirement Age (SSRA), then a
                  Pension may not exceed an annual benefit of ninety thousand
                  dollars ($90,000) reduced by (i) in the case of a Participant
                  whose SSRA is sixty-five (65), five-ninths (5/9) of one
                  percent (1%) for each month by which a Pension commences
                  before the month in which the Participant attains age
                  sixty-five (65) or (ii) in the case of a Participant whose
                  SSRA is greater than sixty-five (65), five-ninths (5/9) of one
                  percent (1%) for each of the first thirty-six (36) months and
                  five-twelfths (5/12) of one percent (1%) for each of the
                  additional months (up to twenty-four (24)) by which a Pension
                  commences before the month in which the Participant attains
                  SSRA.

         (b)      Adjustment if Pension Begins After a Participant's Social
                  Security Retirement Age - If a Pension commences after a
                  Participant's Social Security Retirement Age, the ninety
                  thousand dollars ($90,000) limitation will be increased to the
                  Actuarial Equivalent of a ninety thousand dollars ($90,000)
                  benefit beginning at the Participant's Social Security
                  Retirement Age, multiplied by the "adjustment factor"
                  prescribed by the Secretary, using an interest rate equal to
                  the lesser of five percent (5%) or the rate determined in
                  Section 1.1 of the Plan. However, the Pension payable must not
                  exceed one hundred percent (100%) of the Participant's annual
                  average earnings during the three (3) consecutive years of
                  participation that produces the highest average.

         (c)      Reduction for Participation and Service Less Than Ten Years -
                  Notwithstanding the basic limits of Section 1, a Participant's
                  benefit will be adjusted by the following:

                  (i)      If a Participant has completed less than ten years of
                           participation, the amount of the basic limitation
                           described in Section 1(a)(i) will be adjusted by
                           multiplying such amount by a fraction, the numerator
                           of which is the Participant's number of years (or
                           part thereof) of participation and the denominator of
                           which is ten (10).

                  (ii)     If a Participant has completed less than ten (10)
                           years of Credited Service, the amount of the basic
                           limitation described in Section 1(a)(ii), and the ten
                           thousand dollars ($10,000) exemption described in
                           Section 1(c) above, will be adjusted by multiplying
                           such amount by a fraction, the numerator of which is
                           his Credited Service and the denominator of which is
                           ten (10). For the purposes of this subsection, any
                           Service rendered after the Participant's Normal
                           Retirement Date will be counted as Credited Service.

                  To the extent prescribed by the Secretary, the limitations of
                  this subsection will be applied separately to each change in
                  the benefit structure of the Plan.

         (d)      Cost-of-Living Adjustment - The amounts used under
                  subparagraphs (i) and (ii) of

                                       58

<PAGE>

                  Section 1(a) in determining the basic limitation are subject
                  to annual adjustment with respect to any Plan Year beginning
                  after January 1, 1988, effective January 1 of the year for
                  which the adjustment is made, by the Secretary of the Treasury
                  or his delegate in accordance with regulations issued under
                  Code Section 415(d), to reflect increases in the cost of
                  living. The dollar limitation determined by the Secretary of
                  the Treasury for a given calendar year will be the maximum
                  permissible dollar amount for the Plan Year commencing during
                  such calendar year.

         (e)      Protection of Current Accrued Retirement Pensions - If the
                  current Accrued Retirement Pension of a Participant as of
                  January 1, 1987, exceeds the limitations expressed herein, and
                  the Plan met prior to that date all requirements of Code
                  Section 415, then for purposes of this Schedule the limit in
                  Section 1(a)(i) with respect to such individual will equal his
                  Accrued Retirement Pension.

                  Notwithstanding the above, if the Participant was a
                  Participant as of the first day of the first limitation year
                  beginning after December 31, 1986, in one or more defined
                  benefit plans maintained by the Employer which were in
                  existence on May 6, 1986, the denominator of this fraction
                  will not be less than one hundred twenty-five percent (125%)
                  of the sum of the annual benefits under such plans which the
                  Participant had accrued as of the close of the last limitation
                  year beginning before January 1, 1987, disregarding any
                  changes in the terms and conditions of the plan after May 5,
                  1986. The preceding sentence applies only if the defined
                  benefit plans individually and in the aggregate satisfied the
                  requirements of Section 415 for all limitation years beginning
                  before January 1, 1987.

                  If the employee was a Participant as of the end of the first
                  day of the first limitation year beginning after December 31,
                  1986, in one or more defined contribution plans maintained by
                  the Employer which were in existence on May 6, 1986, the
                  numerator of this fraction will be adjusted if the sum of this
                  fraction and the defined benefit plan fraction would otherwise
                  exceed 1.0 under the terms of this plan. Under the adjustment,
                  an amount equal to the product of (1) the excess of the sum of
                  the fraction over 1.0 times (2) the denominator of this
                  fraction, will be permanently subtracted from the numerator of
                  this fraction. The adjustment is calculated using the
                  fractions as they would be computed as of the end of the last
                  limitation year beginning before January 1, 1987, and
                  disregarding any changes in the terms and conditions of the
                  Plan made after may 5, 1986, but using the Code Section 415
                  limitation applicable to the first limitation year beginning
                  on or after January 1, 1987.

                                       59

<PAGE>

Section 3 - Dual Plan Limitation

If a Participant of this Plan also has participated in another plan of the
Company or any Related Company belonging to the controlled group of corporations
of which the Company is a member as described in Section 1.29 of the Plan, which
is considered a "defined contribution plan" under Code Section 414(i) then, in
addition to being subject to the basic limitation under Section 1 above, his
benefit under this Plan will be subject to the limitation contained herein.

The sum of the "defined benefit plan fraction" (as defined hereinafter) and the
"defined contribution plan fraction" (as defined hereinafter) for any year will
not exceed 1.0.

The defined benefit plan fraction for any year will be a fraction the numerator
of which is the projected annual benefit of the Participant under the Plan
(determined as of the close of the year), and the denominator of which is the
lesser of (i) the product of 1.25, multiplied by the dollar limitation in effect
under Code Section 415(b)(1)(A) for such year, or (ii) the product of 1.4
multiplied by the amount which may be taken into account under Code Section
415(b)(1)(B) with respect to such individual under the Plan for such year.

The defined contribution plan fraction for any year will be a fraction the
numerator of which is the sum of the annual additions to the Participant's
account as of the close of the year, and the denominator of which is the sum of
the lesser of the following amounts determined for such year and for each prior
year of service with the employer:

                  (i)      the product of 1.25, multiplied by the dollar
                           limitation in effect under Code Section 415(c)(1)(A)
                           for such year [determined without regard to Code
                           Section 415(c)(6)], or

                  (ii)     the product of 1.4 multiplied by the amount which may
                           be taken into account under Code Section 415(c)(1)(B)
                           with respect to such individual under such plan for
                           such year.

In any year in which the sum of the defined benefit and defined contribution
fractions exceed 1.0, the rate of accrual under this Plan will be reduced to the
extent necessary so that the sum of the defined benefit and defined contribution
fractions in any limitation year does not exceed 1.0. If necessary, to make
further reductions to create compliance at 1.0, the Committee will adopt
procedures to coordinate reduction in any defined contribution plans maintained
by the Company or Related Company.

Notwithstanding the foregoing, for Plan Years commencing on or after January 1,
2000, the limitation prescribed in Code Section 415(e) as described in this
Section 3 will no longer apply.

Section 4 - Provisions for Excess Benefit

If the provisions of this Schedule II require that a Participant's Pension be
reduced in order to satisfy one of the aforesaid limitations, his Employer may
nevertheless determine that such Participant will receive his full unreduced
Pension determined without regard to said limitations. In that event,

                                       60

<PAGE>

however, the portion of his Pension under this Plan which is in excess of said
limitations will be considered an "excess benefit plan" under ERISA Section
3(36) and such "excess benefit" will be paid directly by the Employer and will
not be paid from the Trust Fund.

Section 5 - Average Annual Earnings

For purposes of this Schedule II, "average annual earnings" will mean wages,
salaries, amounts deferred under Code Sections 401(k), 125 and 132(f) and fees
for professional services and other amounts received (without regard to whether
or not an amount is paid in cash) for personal services actually rendered in the
course of employment with the Employer maintaining the plan to the extent that
the amounts are includable in gross income (including, but not limited to,
commissions paid salesmen, compensation for services on the basis of a
percentage of profits, commissions on insurance premiums, tips, bonuses, fringe
benefits, reimbursements, and expense allowances), and excluding the following:

         (a)      Employer contributions to a plan of deferred compensation
                  which are not includable in the employee's gross income for
                  the taxable year in which contributed, or employer
                  contributions under a simplified employee pension plan to the
                  extent such contributions are deductible by the employee, or
                  any distributions from a plan of deferred compensation;

         (b)      amounts realized from the exercise of a non-qualified stock
                  option, or when restricted stock (or property) held by the
                  employee either becomes freely transferable or is no longer
                  subject to a substantial risk of forfeiture;

         (c)      amounts realized from the sale, exchange or other disposition
                  of stock acquired under a qualified stock option; and

         (d)      other amounts which received special tax benefits, or
                  contributions made by the employer, whether or not under a
                  salary reduction agreement, towards the purchase of an annuity
                  described in Code Section 403(b), whether or not the amounts
                  are actually excludable from the gross income of the employee.

For limitation years beginning after December 31, 1991, for purposes of applying
the limitations of this Schedule II, compensation for a limitation year is the
compensation actually paid or includable in gross income during such limitation
year.

                                       61

<PAGE>

                                  SCHEDULE III

                             PARTICIPATING EMPLOYERS

This Schedule III lists all participating Employers, indicating their date of
participation and any special provisions which may be applicable. Section 1
applies to participating Employers as of the Effective Date. A new section will
be added with respect to each participating Employer, or group of participating
Employers, adopting the Plan as of a date subsequent to the Effective Date.

Section 1 - Participating Employers as of the Effective Date

<TABLE>
<CAPTION>
                                     Date of
        Employer                  Participation             Special Provisions
        --------                  -------------             ------------------
<S>                               <C>                       <C>
Consolidated Stores
International Corporation            09/17/74                       None

C. S. Ross Company                   01/01/90                       None
</TABLE>

                                       62

<PAGE>

                                   SCHEDULE IV

                              TOP-HEAVY PROVISIONS

IV1.01 - Application

The provisions of this Schedule IV will apply only if the Plan becomes
"top-heavy" (as defined in Section 416(g) of the Code), aggregating this Plan
and any other qualified plan sponsored by the Employer or a Related Company in
which a key employee is a Participant and each other plan of the Employer or a
Related Company (including any terminated plan that covered a Key Employee and
was maintained within the five (5) year [effective January 1, 2002, one (1)
year] period ending on the determination date) which enables this Plan or any
plan in which a key employee participates to meet the requirements of Sections
401(a)(4) or 410(b) of the Code ("required aggregation group"). In addition, the
Administrator may elect to include with the required aggregation group any other
plan or plans of the Employer or a Related Company not required to be included
in the required aggregation group so long as their inclusion as a part of the
group would not cause such group to fail to meet the requirements of Section
401(a) and 410 of the Code ("permissive aggregation group").

A plan is top-heavy, generally, if the present value of the Accrued Retirement
Pensions of employees who are Key Employees (as defined in Code Section 416(i)
exceeds sixty percent (60%) of the present value of the Accrued Retirement
Pensions of all Participants (the 60% Test), In subsequent Plan Years, the test
will be made on the valuation date used for the computing plan costs for minimum
funding purposes, regardless of whether a valuation is performed that year.
However, and notwithstanding the results of the 60% Test, the Plan will not be
considered a Top Heavy Plan for any Plan Year in which the Plan is a part of a
required or permissive aggregation group.

In making the 60% Test, each present value will be computed more than sixty
percent (60%) of the value of the Individual Accounts of Participants in this
Plan (disregarding the Individual Accounts of those Participants who have
performed no service for the Employer during the five (5) year period ending on
the determination date (effective January 1, 2002, the one (1) year period
ending on the determination date)) and the accrued benefit of any member in any
defined benefit plan maintained by his Employer or a Related Company as of any
"determination date" (the last day of the prior Plan Year), is attributable to
key employees. Computation of the top-heavy ratio will be determined in
accordance with Section 416(g) of the Code. The present value of accrued
benefits in any Employer or Affiliate sponsored defined benefit plan will be
determined on the valuation date used for computing plan costs under Section 412
of the Code and will be determined on the basis of the actuarial assumptions
specified in such defined benefit plan for purposes of making the top-heavy
determination. If the Plan becomes top-heavy as of any determination date, then
effective in the next succeeding Plan Year, the provisions of this Schedule IV
will apply.

                                       63

<PAGE>

IV1.02 - Special Vesting Rule

Notwithstanding the provisions of the Plan to the contrary, a Participant will
be fully vested hereunder upon the completion of three (3) rather than five (5)
years of Service as determined in accordance with the following schedule:

<TABLE>
<CAPTION>
Years of Service                                    Vested Percentage
----------------                                    -----------------
<S>                                                 <C>
  Less than 3                                               0%
            3                                             100%
</TABLE>

         If the Plan becomes a top-heavy plan and subsequently ceases to be
such:

(a)      any portion of the Participant's Accrued Benefit which was vested
         before the Plan ceased to be top-heavy will remain vested; and

(b)      any Participant with three (3) or more years of Service will be given
         the option to remain under the top-heavy vesting schedule contained in
         this Section IV1.02, in lieu of the vesting schedule contained in
         Article V.

IV1.03 - Special Minimum Benefit

Notwithstanding the provisions of Article IV hereof to the contrary, each
Participant of the Plan who is not a key employee and who has been credited with
one thousand (1,000) hours of Service during the Plan Year will be entitled to a
minimum Accrued Benefit equal to (i) the amount otherwise provided by this Plan
or (ii) two percent (2%) of the Participant's average monthly compensation (as
defined in Code Section 415) for the five (5) consecutive years when his
aggregate compensation was highest multiplied by his years of Credited Service
earned after 1983, up to ten (10) years, for each Plan Year in which the Plan
was top-heavy, whichever is greater.

Each non-Key Employee who is a Participant in the Plan and who has completed at
least one thousand (1,000) Hours of Service during an accrual computation period
must accrue a minimum benefit in accordance with the top-heavy rules, regardless
of whether a non-Key Employee is employed on a specified date, such as the last
day of the year.

IV1.04 - Special Maximum Combined Plans Limit

Notwithstanding the provisions of Section 3 of Schedule II to the contrary, the
denominator of the defined contribution plan fraction and defined benefit plan
fraction will, if the Plan becomes top-heavy, be amended to read 1.0 rather than
1.25. This provision does not apply to Plan Years beginning on or after January
1, 2000.

IV1.05 - Key Employee and Non-Key Employee Defined t

The term key employee will have the same meaning as is specified in Section
416(i)(1) of the Code, i.e., (i) certain officers of the Employer having an
annual Compensation greater than fifty percent (50%) of the defined benefit plan
dollar limitation in effect under Section 415(b)(1)(A) of the Code

                                       64

<PAGE>

for any such Plan Year (effective January 1, 2002, an officer must earn in
excess of one hundred thirty thousand dollars ($130,000) to be a Key Employee),
(ii) the ten (10) Employees owning (or considered as owning under Code Section
318) more than a one half percent (-1/2%) interest and one of the tenth largest
equity interests of the Employer whose annual Compensation is greater than the
defined contribution dollar limitation in effect under Code Section 415 of any
such Plan Year (effective January 1, 2002, this top ten (10) owner category is
eliminated), (iii) any five percent (5%) owner of the Employer and (iv) any one
percent (1%) owner of the Employer whose annual Compensation in any Plan Year is
more than one hundred and fifty thousand dollars ($150,000). The term key
employee as of any determination date will be applied to any Employee, Former
Participant, Participant, Former Participant or retired Participant (or his
Spouse or Beneficiary) who was a key employee during the Plan Year (ending with
the determination date) or in any of the four (4) preceding Plan Years
(effective January 1, 2002, the four (4) year look-back period is eliminated).
Any Employee who is not a key employee will be a non-key employee and will
include an Employee who was formerly a key employee.

                                       65<PAGE>

                                                                   EXHIBIT 10(i)

                                 BIG LOTS, INC.
                             SAVINGS PLAN AND TRUST

                              AMENDED AND RESTATED

                                    EFFECTIVE

                                 JANUARY 1, 1999

<PAGE>

                                 BIG LOTS, INC.
                             SAVINGS PLAN AND TRUST

<TABLE>
<CAPTION>
                                                                                                 Page
                                                                                                 ----
<S>                                                                                              <C>
Introduction                                                                                        6

Section I - Definitions

1.01     Actual Contribution Percentage                                                             7
1.02     Actual Deferral Percentage                                                                 7
1.03     Affiliate                                                                                  7
1.04     Annual Additions                                                                           7
1.05     Associate                                                                                  7
1.06     Beneficiary                                                                                8
1.07     Board                                                                                      8
1.08     Break in Service                                                                           8
1.09     Code                                                                                       8
1.10     Committee                                                                                  8
1.11     Company                                                                                    8
1.12     Company Profit Sharing Contribution Account                                                8
1.13     Company Profit Sharing Contributions                                                       9
1.14     Compensation                                                                               9
1.15     Contributing Participant                                                                   9
1.16     Defined Benefit Plan                                                                       9
1.17     Defined Contribution Plan                                                                  9
1.18     Disability                                                                                 9
1.19     Early Retirement Date                                                                     10
1.20     Effective Date                                                                            10
1.21     Eligibility Computation Period                                                            10
1.22     Employer                                                                                  10
1.23     Entry Date                                                                                10
1.24     Fiduciary                                                                                 10
1.25     Former Participant                                                                        10
1.26     Fund                                                                                      11
1.27     Highly Compensated Employee                                                               12
1.28     Hour of Service                                                                           12
1.29     Income                                                                                    12
1.30     Individual Account                                                                        12
1.31     Investment Fund                                                                           13
1.32     Investment Manager                                                                        13
1.33     Key Employee                                                                              14
1.34     Limitation Year                                                                           14
1.35     Matching Contribution Account                                                             14
1.36     Matching Contributions                                                                    14
1.37     Normal Retirement Age                                                                     14
</TABLE>

                                       2

<PAGE>

<TABLE>
<CAPTION>
                                                                                                  Page
                                                                                                  ----
<S>                                                                                               <C>
1.38     Normal Retirement Date                                                                    14
1.39     Participant                                                                               14
1.40     Plan Year                                                                                 14
1.41     Rollover Account                                                                          14
1.42     Rollover Contributions                                                                    14
1.43     Salary Deferral                                                                           14
1.44     Salary Deferral Account                                                                   14
1.45     Termination of Employment                                                                 15
1.46     Top Heavy Plan                                                                            16
1.47     Trust Agreement                                                                           16
1.48     Trustee                                                                                   16
1.49     Valuation Date                                                                            16
1.50     Vesting Service                                                                           16
1.51     Years of Eligibility Service                                                              17

Section II - Participation

2.01 Participation                                                                                 18
2.02 Contribution Participant                                                                      18
2.03 Reemployment                                                                                  18
2.04 Leaves of Absence                                                                             19
2.05 Cessation of Participation                                                                    19
2.06 Beneficiary designation                                                                       19
2.07 Investment Fund Direction                                                                     19
2.08 Notification of Individual Account Balance                                                    20
2.09 Plan Binding                                                                                  20

Section III - Contributions

3.01 Salary Deferral                                                                               21
3.02 Matching Contributions                                                                        22
3.03 Restrictions and Conditions on Matching Contributions                                         23
3.04 Company Profit Sharing Contributions                                                          24
3.05 Restrictions and Conditions on Company Profit Sharing Contributions                           24
3.06 Qualified Nonelective Contributions                                                           24
3.07 Qualified Matching Contributions                                                              25

Section IV - Limitation on Contributions

4.01 Testing of Salary Redirection                                                                 26
4.02 Testing of Matching Contributions                                                             28
4.03 Multiple Use Limitation                                                                       30
</TABLE>

                                       3

<PAGE>

<TABLE>
<CAPTION>
                                                                                                 Page
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<S>                                                                                              <C>
Section V - Investments

5.01 Investment Funds                                                                              32
5.02 Investment Fund elections for Current Contributions                                           32
5.03 Investment Fund Elections for Prior Contributions                                             33
5.04 Special Rules Affecting Officers and Directors                                                33

Section VI - Rollovers

6.01 Rollovers from Other Plans                                                                    34

Section VII - Allocations to Individual Accounts

7.01 Individual Accounts                                                                           35
7.02 Allocation of Matching Contributions and Profit Sharing Contributions                         35
7.03 Allocation of Income                                                                          35
7.04 Trustee and Committee Judgment Controls                                                       35
7.05 Maximum Additions                                                                             36
7.06 Corrective Adjustments                                                                        36
7.07 Defined Contribution and Defined Benefit Plan Fraction                                        37

Section VIII - Distributions

8.01 Distribution upon Retirement, Disability or Termination of Employment                         38
8.02 Distribution upon Death                                                                       39
8.03 Commencement of Benefits for Terminated, Retired and Disabled Participants                    39
8.04 Commencement of Benefits to a Beneficiary                                                     41
8.05 Methods of Payment                                                                            41
8.06 Reemployment of a Terminated Participant                                                      42
8.07 Payments to Minors and Incompetents                                                           43
8.08 Required Distributions for Active Participants                                                43
8.09 Unclaimed Benefits                                                                            44
8.10 Account Valuation                                                                             45
8.11 Termination of Employment Due to Merger, Consolidation or Spinoff                             45

Section IX - Withdrawals

9.01 Withdrawals Generally                                                                         46
9.02 Hardship Withdrawal                                                                           46
9.03 Withdrawals After Age 59-1/2                                                                  47
9.04 Participant Loans                                                                             48

Section X - Funding

10.01 Contributions                                                                                49
10.02 Trustee                                                                                      49
</TABLE>

                                       4

<PAGE>

<TABLE>
<CAPTION>
                                                                                                  Page
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<S>                                                                                               <C>
10.03 Funding Policy                                                                               49

Section XI - Fiduciaries

11.01 General                                                                                      50
11.02 Company                                                                                      50
11.03 Trustee                                                                                      51
11.04 Administrative Committee                                                                     51
11.05 Claims Procedures                                                                            52
11.06 Records                                                                                      53

Section XII - Amendment and Termination of the Plan

12.01 Amendment of the Plan                                                                        54
12.02 Termination of the Plan                                                                      54
12.03 Return of Contributions                                                                      55

Section XIII - Provisions Relative To Employers Included in Plan

13.01 Method of Participation                                                                      56
13.02 Withdrawal                                                                                   56

Section XIV - Miscellaneous

14.01 Governing Law                                                                                57
14.02 Construction                                                                                 57
14.03 Administration Expenses                                                                      57
14.04 Participant's Rights                                                                         57
14.05 Spendthrift Clause                                                                           57
14.06 Merger, Consolidation or Transfer                                                            58
14.07 Counterparts                                                                                 58
14.08 Limitation of Liability                                                                      58
14.09 Indemnification                                                                              58
14.10 Compliance with ERISA                                                                        59
14.11 Payment to Alternate Payee                                                                   59
14.12 Securities Voting Rights                                                                     59
14.13 Approved Alternative Methods of Written Elections by Participants                            59
14.14 Mistaken Contributions and Allocations                                                       60

Section XV - Top Heavy Plan

15.01 Requirements                                                                                 61

Section XVI - Adoption of the Plan                                                                 62
</TABLE>

                                       5

<PAGE>

                                  INTRODUCTION

Effective April 1, 1988, the Board of Directors of Consolidated Stores
Corporation, a Delaware corporation, adopted the Consolidated Stores Corporation
Savings Plan and Trust Agreement in order to provide benefits for certain of its
eligible Associates of those of its Affiliates which the Corporation agreed
should be Employers under the Plan Effective January 1, 1989, the Plan was
amended and restated into a separate plan and the trust agreement was also
amended and restated in its entirety into a separate trust agreement. The Plan
was amended from time to time to take into account law changes and is now again
amended and restated in its entirety, effective as of January 1, 1999 to reflect
all recent changes made to the law and applicable regulations, including the
Economic Growth and Tax Relief Reconciliation Act of 2001 (effective as of
January 1, 2002, unless otherwise indicated herein). Furthermore, Consolidated
Stores Corporation changed its name to Big Lots, Inc. and Big Lots, Inc. is
hereby referred to as the "Company" and the plan is hereby referred to as the
Big Lots, Inc. Savings Plan and Trust.

This Plan and Trust shall apply solely to an Associate whose employment with the
employer terminates on or after the Effective Date of this amended and restated
Plan. An Associate whose employment with the employer terminated prior to the
Effective Date of this Plan shall be entitled to a benefit, if any, as
determined under the provisions of the Plan and Trust as in effect on the date
his employment terminated.

It is intended that this Plan meet all the pertinent requirements of the
Internal Revenue Code of 1986 (hereinafter referred to as the "Code") and the
Employee Retirement Income Security Act of 1974 (hereinafter referred to as
"ERISA"), and shall be interpreted, wherever possible, to comply with the terms
of said laws, as amended, and all formal regulations and rulings issued
thereunder.

                                       6

<PAGE>

                                    ARTICLE I

                                   DEFINITIONS

1.01     Actual Contribution Percentage means the average of the ratios
         (calculated separately for each Participant in a specified group) of

         (1)      the amount of Matching Contributions to be paid over to the
                  Trust Fund on behalf of each such Participant for such Plan
                  Year to

         (2)      the Participant's Compensation as defined in Section 1.14 for
                  such Plan Year (whether or not the Participant was a
                  Contributing Participant for the entire Plan Year).

1.02     Actual Deferral Percentage means the average of the ratios (calculated
         separately for each Participant in a specified group) of

         (1)      the amount of Salary Redirection to be paid over to the Trust
                  Fund on behalf of each such Participant for such Plan Year to

         (2)      the Participant's Compensation as defined in Section 1.14 for
                  such Plan Year (whether or not the Participant was a
                  Contributing Participant for the entire Plan Year).

1.03     Affiliate means

         (1)      any corporation which, with the Company, is a member of a
                  controlled group of corporations under Section 414(b) of the
                  Code;

         (2)      any trade or business which is under common control with the
                  Company under Section 414(c) of the Code;

         (3)      any member of an affiliated service group containing the
                  Company under Section 414(m) of the Code; or

         (4)      any other entity specified by the Secretary of the Treasury to
                  be combined with the Company as a single employer under
                  Section 414(o) of the Code;

1.04     Annual Addition means for any Participant in any Limitation Year, the
         sum of (a) Profit Sharing and Qualified Nonelective, (b) Salary
         Deferral, (c) Matching and Qualified Matching Contributions allocated
         to a Participant's Individual Account, Nondeductible Employer
         Contributions, and Forfeitures. Amounts derived from contributions paid
         or accrued which are attributable to post retirement medical benefits
         allocated to the separate account of a Key Employee, as required by
         Section 419A(d) of the Code, maintained by the Employer, are treated as
         Annual Additions to a Defined Contribution Plan.

1.05     Associate means each current or future common law employee of an
         Employer as defined in the records of the Company, excluding (i) any
         leased employee as defined in Section 414(n)(2) of the Code, and (ii)
         any employee represented by a collective

                                       7

<PAGE>

         bargaining unit, provided there is evidence that retirement benefits
         were the subject of good faith bargaining between such collective
         bargaining unit and the Employer, unless the Employer and the
         collective bargaining unit have agreed to coverage hereunder.

1.06     Beneficiary means any person designated by a Participant to receive
         such benefits as may become payable hereunder after the death of such
         Participant, provided, however, that a married Participant may not name
         as his Beneficiary someone other than his spouse unless the spouse
         consents in writing to such designation, which consent shall be
         acknowledged by a Plan representative or by a notary public.

1.07     Board means the board of directors of the Company.

1.08     Break in Service means a Plan Year during which as Associate or former
         Associate has earned fewer than five hundred and one (501) Hours of
         Service due to termination of employment.

         Solely to determine whether a Break in Service occurred, an Associate
         who is absent from work for maternity or paternity reasons shall
         receive credit for up to 501 Hours of Service which would otherwise
         have been credited to such employee but for such absence, or in any
         case in which such Hours cannot be determined, eight (8) Hours per day
         of such absence. For purposes of this paragraph, an absence from work
         for maternity or paternity reasons means an absence (1) by reason of
         the pregnancy of the Participant, (2) by reason of a birth of a child
         of the Participant, (3) by reason of the placement of a child with the
         Participant in connection with the adoption of such child by the
         Participant, or (4) for purposes of caring for such child for a period
         beginning immediately following such birth or placement.

         The Hours of Service credited under this paragraph shall be credited
         (1) in the Plan Year in which the absence begins if the crediting is
         necessary to prevent a Break in Service in that period, or (2) in all
         other cases, in the following Plan Year or other applicable computation
         period.

1.09     Code means the Internal Revenue Code of 1986, as amended and revised
         from time to time.

1.10     Committee means the Committee provided for in Article XI hereof.

1.11     Company means Big Lots, Inc. (formerly, Consolidated Stores
         Corporation) and its Affiliates.

1.12     Company Profit Sharing Contribution Account means that portion of a
         Participant's Individual Account attributable to (a) Company Profit
         Sharing Contributions and (b) the Participant's proportionate share,
         attributable to his Company Profit Sharing Contribution Account, of
         Income, reduced by any distributions from such account

                                       8

<PAGE>

         pursuant to Article VIII and any withdrawals from such Account pursuant
         to Article IX.

1.13     Company Profit Sharing Contributions means contributions made to the
         Fund by an Employer pursuant to Section 3.04 that are allocated to all
         eligible Participants based on their Compensation pursuant to Section
         7.02.

1.14     Compensation means, for any Associate, the Associate's base
         compensation paid by the Employer during the Plan Year, including
         salary reduction contributions made to a cafeteria plan under Section
         125 of the Code and Salary Deferral made pursuant to Section 3.01, but
         excluding overtime, bonuses, commissions and other monetary
         remuneration as reported on the Associate's Federal Income Tax
         Withholding Statement (Form W-2). Compensation shall not include any
         Company Profit Sharing Contributions allocated to the Associate's
         Individual Account, any other accrued unpaid earnings, nonqualified
         deferred compensation, other than that which is deferred and held
         specifically for contribution to the Plan by any supplemental savings
         plan maintained by the Company for such purposes, or any other fringe
         benefit (whether or not taxable). For Plan Years beginning on or after
         January 1, 1989, Compensation as defined in this Section shall be
         limited to the amount permitted under Section 401(a)(17) of the Code
         (as adjusted by the Secretary of the Treasury). For Plan Years
         beginning on and after January 1, 2002, Compensation shall not exceed
         $200,000, as adjusted for cost-of-living increases in accordance with
         Section 401(a)(17) of the Code.

1.15     Contributing Participant means an eligible Participant who has elected
         to make Salary Deferral contributions to the Plan during a Plan Year as
         provided in Section 2.02.

1.16     Defined Benefit Plan means a plan established and qualified under
         Section 401(a) of the Code, except to the extent it is, or is treated
         as, a Defined Contribution Plan.

1.17     Defined Contribution Plan means a plan which is established and
         qualified under Section 401(a) of the Code, which provides for an
         individual account for each participant therein and for benefits based
         solely on the amount contributed to each participant's account and any
         income and expenses or gains or losses (both realized and unrealized)
         that my be allocated to such account.

1.18     Disability means a physical or mental condition that, in the judgment
         of the Committee based upon medical reports and other evidence
         satisfactory to the Committee, will permanently prevent the Participant
         from satisfactorily performing his usual duties for the Employer or the
         duties of such other position or job that the Employer makes available
         to him and for which such Participant is qualified by reason of
         training, education or experience.

                                       9

<PAGE>

         Effective as of January 1, 1996, Disability means a physical or mental
         condition which has continued for six (6) months or more and which is
         expected to be permanent, as determined by the Social Security
         Administration.

1.19     Early Retirement Date means the first day of the calendar month
         coincident with or immediately following the date a Participant attains
         age fifty-five (55) and completes ten (10) years of Vesting Service.

1.20     Effective Date means January 1, 1999, the Effective Date of this
         amended and restated Plan.

1.21     Eligibility Computation Period means the twelve (12) consecutive month
         period used to measure Years of Eligibility Service and Breaks in
         Service for purposes of eligibility to begin and maintain participation
         in the Plan. The initial Eligibility Computation Period for any
         Associate shall be the twelve (12) consecutive month period beginning
         with the Associate's date of employment or reemployment with the
         Employer in which the associate performs his first Hour of Service. All
         subsequent Eligibility Computation Periods shall begin with the Plan
         Year in which the anniversary date of the Associate's date of
         employment or reemployment with the Employer occurs, and each
         succeeding Pan Year thereafter. Notwithstanding any provision of the
         Plan to the contrary, contributions, benefits, and service credit with
         respect to qualified military service will be provided in accordance
         with Section 414(u) of the Code.

1.22     Employer means, collectively or individually as the context may
         indicate, the Company and any other corporation which (a) is an
         Affiliate, (b) the Board shall have authorized to adopt the Plan, and
         (c) by action of its own board of directors shall have adopted the Plan
         and the Trust Agreement, or any successor to one or more of such
         entities.

1.23     Entry Date means the date during each Plan Year after which an
         Associate has satisfied the eligibility requirements of Section 2.01 of
         the Plan.

1.24     Fiduciary means the Employer, the Trustee, the Committee and any
         individual, corporation, firm or other entity that assumes, in
         accordance with Article XI, responsibilities of the Employer, the
         Trustee or the Committee respecting management of the Plan or the
         disposition of its assets.

1.25     Former Participant means a Participant whose participation in the Plan
         has terminated but who has not received payment in full of the balance
         in his Individual Account to which he is entitled.

1.26     Fund means the trust fund created in accordance with Article X hereof.

1.27     Highly Compensated Employee means any Associate who performs service
         for the

                                       10

<PAGE>

Company or an Affiliate during the determination year, and who, during the
look-back year: (i) received compensation from the Company or an Affiliate in
excess of $75,000 (as adjusted pursuant to Section 415(d) of the Code; (ii)
received compensation from the Company or an Affiliate in excess of $50,000 (as
adjusted pursuant to Section 415(d) of the Code and was a member of the group
consisting of the top twenty percent (20%) of Associates of the Company and its
Affiliates when ranked on the basis of compensation for such year (the "top paid
group"); or (iii) was an officer of the Company or an Affiliate and received
compensation during such year that is greater than 50 percent of the dollar
limitation in effect under Section 415(b)(1)(A) of the code. The term Highly
Compensated Employee also includes (i) Associates who are both described in the
preceding sentence if the term "determination year" is substituted for the term
"look back year" and who are one of the 100 Associates who received the most
compensation from the Employer during the determination year; and (ii)
Associates who are 5 percent or more owners at any time during the look back
year or the determination year. If no officer has satisfied the compensation
requirement of (iii) above during either a determination year or look back year,
the highest paid officer for such year shall be treated as a Highly Compensated
Employee. For purposes of this Section, the determination year shall be the Plan
Year. The look back year shall be the twelve (12) month period immediately
preceding the determination year. The term Highly Compensated Employee also
includes any Associate who separated from service (or was deemed to have
separated) prior to the determination year, performs no service for the Employer
during the determination year, and was a Highly Compensated Employee for either
the separation year or any determination year ending on or after the Associate's
55th birthday. If an Associate is, during a determination year or look back
year, a family member of either a 5 percent or more owner who is an active or
former Associate or a Highly Compensated Employee who is one of the 10 most
highly compensated Associates ranked on the basis of compensation paid by the
Employer during such year, then the family member and the 5 percent or more
owner or top ten Highly Compensated Employee. For purposes of this Section,
family member includes the spouse, lineal ascendant and descendants of the
Associate or former Associate and the spouses of such lineal ascendant and
descendants. The determination of who is a Highly Compensated Employee,
including the determinations of the number and identity of Associates in the top
paid group, the top 100 Associates, the number of Associates treated as officers
and the compensation that is considered, will be made in accordance with Section
414(q) of the Code and the regulations thereunder.

         Effective for Plan Years beginning after December 31, 1996, a Highly
         Compensated Employee means any Associate who: (1) was a 5 percent or
         more owner at ant time during the Plan Year of the preceding Plan Year,
         or (2) for the preceding Plan Year had Compensation from the Employer
         in excess of $80,000 and was in the top-paid group for the preceding
         Plan Year. The $80,000 amount shall be adjusted at the same time and in
         the same manner as under Section 415(d), except that the base period
         shall be the calendar quarter ending September 30, 1996. For purposes
         of this Section, the applicable year of the Plan for which a
         determination shall be made is called the determination year and the
         preceding 12-month period is called the look-back year. A Highly
         Compensated former Employee is based on the rules applicable

                                       11

<PAGE>

         to determining Highly Compensated Employee status as in effect for that
         determination year, in accordance with Section 1.414(q)-1T of the
         temporary Income Tax Regulations and IRS Notice 9745. In determining
         whether an Associate is a Highly Compensated Employee for the 1997 Plan
         Year, the amendments to Section 414(q) of the Code stated above shall
         be treated as in effect for the Plan Year beginning in 1996.

         Non Highly Compensated Employee means any Associate who is not a Highly
         Compensated Employee.

1.28     Hour of Service means any hour for which an Associate is paid or
         entitled to payment by the Company or an Affiliate during the Plan Year
         or other applicable computation period (1) for the performance of
         duties for the Company or the Affiliate; (2) on account of a period of
         time during which no duties are performed (irrespective of whether the
         employment relationship has terminated due to vacation, holiday,
         illness, incapacity (including disability), layoff, jury duty, military
         duty or leave of absence). No more than 501 Hours of Service will be
         credited under this paragraph for any single continuous period (whether
         or not such period occurs in a single computation periods); and (3) as
         a result of a back pay award which has been agreed to or made by the
         Company or the Affiliate, irrespective of mitigation of damages, to the
         extent that such hour has not been previously credited under item (1)
         or item (2) above.

         Hours of Service shall be determined in accordance with Department of
         Labor Regulation Section 2530.200b-2, which is incorporated herein by
         this reference. Hours of Service shall be credited to the appropriate
         computation period in accordance with Department of Labor Regulation
         Section 2530.200b-2(c).

1.29     Income means the net gain or loss of the Fund from investments, as
         reflected by interest payments, dividends, realized and unrealized
         gains and losses on securities, other investment transactions and
         expenses paid from the Fund. In determining the income of the Fund as
         of any date, assets shall be valued on the basis of their fair market
         value.

1.30     Individual Account means the detailed record kept of the amounts
         credited or charged to each Participant in accordance with the terms
         hereof. Such Individual Account is comprised of a Salary Deferral
         Account, a Matching Contribution Account, a Company Profit Sharing
         Contribution Account, and a Rollover Account, as applicable.

1.31     Investment Fund means an Investment Fund as described in Article V.

1.32     Investment Manager means a person(s) or organization(s) who is
         appointed under Section 11.04 to direct the investment of all or a part
         of the Fund and who is either (a) registered in good standing as an
         Investment Adviser under the Investment

                                       12

<PAGE>

         Advisers Act of 1940, (b) a bank, as defined in said Act, (c) an
         insurance company qualified to perform investment management service,
         or (d) a Fiduciary.

1.33     Key Employee means, for any Plan Year prior to January 1, 2002, any
         Associate, former Associate or Beneficiary thereof in an IRS qualified
         plan adopted by the Employer who at any time during the Plan Year or
         any of the four (4) preceding Plan Years is:

                  (a)      an officer of the Employer having an annual
                           compensation greater than fifty percent (50%) of the
                           amount in effect under Section 415(b)(1)(A) of the
                           Code for any Plan Year;

                  (b)      one (1) of the ten (10) Associates having an annual
                           compensation from the Employer of more than the
                           limitation in effect under Section 415(c)(1)(AP of
                           the Code and owning (or considered as owning within
                           the meaning of Section 318) of the Code both more
                           than a one-half percent (1/2%) interest, and the
                           largest interest in the Employer;

                  (c)      a five (5) percent or more owner of the Employer; or

                  (d)      a one (1) percent or more owner of the Employer
                           having an annual compensation from the Employer of
                           more than one hundred fifty thousand dollars
                           ($150,000).

         For Plan Years beginning after December 31, 2001, Key Employee means
         any Associate or former Associate or Beneficiary (including any
         deceased Associate) who at any time during the Plan Year that includes
         the determination year is:

                  (a)      an officer of the Employer having an annual
                           compensation greater than $130,000 (as adjusted under
                           Section 416(i)(1) of the Code for Plan Years
                           beginning after December 31, 2002);

                  (b)      a five (5) percent or more owner of the Employer;

                  (c)      a one (1) percent or more owner of the Employer
                           having annual compensation from the Employer of more
                           than one hundred fifty thousand dollars ($150,000).

         For purposes of this definition, annual compensation means compensation
         as defined in Section 415(c)(3) of the Code, but including amounts
         contributed by the Employer pursuant to a salary reduction agreement
         which are excludable from the Associate's gross income under Sections
         125, 402(a)(8), or 403(b) of the Code.

         This definition shall be interpreted consistent with Code Section 416
         and rules and regulations issued thereunder. Further, such law and
         regulations shall be controlling requirements stated thereunder but
         hereinabove absent.

         Non Key Employee means any Associate who is not a Key Employee.

1.34     Limitation Year means the twelve (12) month period beginning on January
         1 and ending on December 31.

                                       13

<PAGE>

1.35     Matching Contribution Account means that portion of a Participant's
         Individual Account attributable to (a) Matching Contributions made on
         his behalf pursuant to Section 3.02, and (b) the Participant's
         proportionate share, attributable to his Matching Contribution Account,
         of the Income, reduced by any distributions from such Account pursuant
         to Article VIII and any withdrawals from such Account pursuant to
         Article IX.

1.36     Matching Contributions means contributions made to the Fund by the
         Employer pursuant to Sections 3.02, 3.06 and 3.07 that are allocated to
         Contributing Participants based on their Salary Deferral during a Plan
         Year pursuant to Section 7.02.

1.37     Normal Retirement Age means the Participant's attainment of age
         sixty-five (65). An Associate shall have a nonforfeitable right to one
         hundred percent (100%) of his Individual Account upon attainment of his
         Normal Retirement Age.

1.38     Normal Retirement Date means the first day of the month coincident with
         or next following the Participant's Normal retirement Age, or if later
         than the attained age of the Associate, on the fifth anniversary of the
         date the Associate commenced participation in the Plan.

1.39     Participant means any Associate who becomes a Participant as provided
         in Article II hereof.

1.40     Plan Year means the twelve (12) month period beginning January 1 and
         ending December 31.

1.41     Rollover Account means that portion of an Associate's Individual
         Account attributable to (a) Rollover Contributions made pursuant to
         Article VI, and (b) the Associate's proportionate share, attributable
         to his Rollover Account, of the Income, reduced by any distribution
         from the such Account pursuant to Article VIII and any withdrawals from
         such Account pursuant to Article IX. The balance of an Associate's
         Rollover Account shall be fully vested and nonforfeitable at all times.

1.42     Rollover Contributions means contributions made by an Associate to such
         Associate's Rollover Account pursuant to Article VI.

1.43     Salary Deferral means contributions made to the Fund by an Employer on
         behalf of a Contributing Participant pursuant to Section 3.01.

1.44     Salary Deferral Account means that portion of a Participant's
         Individual Account attributable to (a) Salary Deferral amounts made on
         his behalf pursuant to Section 3.01, and (b) the Participant's
         proportionate share, attributable to his Salary Deferral Account, of
         Income, reduced by any distribution from such Account pursuant to
         Article VIII and any withdrawals from such Account pursuant to Article
         IX. The

                                       14

<PAGE>

         balance of a Participant's Salary Deferral Account shall be fully
         vested and nonforfeitable at all times.

1.45     Termination of Employment shall be deemed to occur when an Associate
         has an interruption in continuity of his employment by the Employer.
         Such termination may have resulted from retirement, death, voluntary or
         involuntary termination of employment, unauthorized absence, or by
         failure to return to active employment with the Employer or to retire
         by the date on which an authorized leave of absence expired.

1.46     Top Heavy Plan means any plan under which, as of any determination
         date, the present value of the cumulative accrued benefits under the
         plan for Key Employees exceeds sixty (60) percent of the present value
         of the cumulative accrued benefits under the plan for all Associates.

         For purposes of this definition:

                  (d)      If such plan is a Defined Contribution Plan, the
                           present value of cumulative accrued benefits shall be
                           deemed to be the market value of all Associate
                           accounts under the plan, other than voluntary
                           deductible employee contributions. If such plan is a
                           Defined Benefit Plan, the present value of cumulative
                           accrued benefits shall be the lump sum present value
                           determined pursuant to said plan.

                  (e)      A plan shall be considered Top Heavy for any Plan
                           Year if, on the last day of the preceding Plan year
                           (the determination date), the above rules were met.
                           For the first Plan Year that the plan shall be in
                           effect, the determination of whether said Plan is Top
                           Heavy shall be made as of the last day of such Plan
                           Year.

                  (f)      Each plan of the Employer required to be included in
                           an "aggregation group" shall be treated as a Top
                           Heavy Plan is such group is a top heavy group.

                  (g)      The term "aggregation group" means

                           (i)      each qualified plan of the Employer in which
                                    a Key Employee is a Participant and

                           (ii)     each other qualified plan of the Employer
                                    which enable any plan in (i) above to meet
                                    the requirements of Sections 401(a)(4) of
                                    the Code.

                           The term "aggregation group" includes any plans of
                           the Employer that have been terminated during the
                           previous five (5) Plan Years.

                  (h)      The term "permissive aggregation group" means the
                           aggregation group and each other plan or plans of the
                           Employer that are not required to be included in the
                           aggregation group, as defined in Section 1.47(d)
                           above, and which, if treated as being part of such
                           group, would not cause such

                                       15

<PAGE>

                           group to fail to meet the requirements of Sections
                           401(a)(4) and 410 of the Code.

                  (i)      The account balances and accrued benefits of a
                           Participant (1) who is not a Key Employee but who was
                           a Key Employee in a prior year, or (2) who has not
                           been credited with at least one Hour of Service with
                           the Employer maintaining the Plan during the five (5)
                           year period (one (1) year period for Plan Years
                           beginning after December 31, 2001) ending on the
                           determination date will be disregarded.

                  (j)      For Plan Years beginning after December 31, 2001, the
                           accounts balances and accrued benefits of a
                           Participant as of the determination date shall be
                           increased by the distributions made with respect to
                           the Participant under the Plan and any plan
                           aggregated with this Plan under Section 416(g)(2) of
                           the Code during the one year period ending on said
                           determination date. This subsection shall also apply
                           to distributions under a terminated plan that, had it
                           not been terminated, would have been aggregated with
                           this Plan. In the case of a distribution made for a
                           reason other than Termination of Employment, death,
                           or being Disabled, this subsection shall be applied
                           as if the one year period is a five year period.

                  (k)      This definition shall be interpreted consistent with
                           Section 416 of the Code and rules and regulations
                           issued thereunder.

         Further, such law and regulations shall be controlling in all
         determinations under this definition inclusive of any provisions and
         requirements stated thereunder but hereinabove absent.

1.47     Trust Agreement means the agreement entered into between the Company
         and the Trustee.

1.48     Trustee means such person(s) or financial institution(s) qualified
         under the Code as shall be designated in the Trust Agreement to hold in
         trust any assets of the Plan for the purpose of providing benefits
         under the Plan, and shall include any successor trustee designated
         thereunder.

1.49     Valuation Date means the business close of each business day in the
         Plan Year as of which date the Fund shall be valued at fair market
         value.

1.50     Vesting Service means, subject to the reemployment provisions of
         Section 2.03, the total number of calendar years (including years prior
         to the Effective Date) during which an Associate has at least one
         thousand (1,000) Hours of Service for the Employer.

         If an Associate incurs five (5) or more consecutive Breaks in Service,
         the associate's Vesting Service prior to the consecutive Breaks in
         Service will be disregarded if the Associate does not have a
         nonforfeitable interest in his Company Profit Sharing Contribution
         Account or Matching Contribution Account and the number of consecutive
         Breaks in Service equals or exceeds the associate's Vesting Service

                                       16

<PAGE>

         earned before the commencement of the consecutive Breaks in Service. If
         an Associate has incurred less than five (5) consecutive Breaks in
         Service, upon reemployment, his Vesting Service shall not be
         disregarded.

         Notwithstanding any provision of the Plan to the contrary,
         contributions, benefits, and service credit with respect to qualified
         military service will be provided in accordance with Section 414(u) of
         the Code.

1.51     Year of Eligibility Service means an Eligibility Computation Period
         during which an Associate has completed at least one thousand (1,000)
         Hours of Service.

         Notwithstanding any provision of the Plan to the contrary,
         contributions, benefits, and service credit with respect to qualified
         military service will be provided in accordance with Section 414(u) of
         the Code.

                                       17

<PAGE>

                                   ARTICLE II

                                  PARTICIPATION

2.01 PARTICIPATION

Each Associate who has attained age twenty-one (21) and has completed one Year
of Eligibility Service prior to January 1, 1999 and is employed on January 1,
1999 shall continue to be a Participant in the Plan as of January 1, 1999.

Each Associate who is employed in January 1, 1999 but had not either (a)
attained age twenty-one (21) or (b) completed one year of Eligibility Service as
of January 1, 1999, shall become a Participant on the Entry Date coincident with
or immediately following the date on which he both attains age twenty-one (21)
and completes one Year of Eligibility Service.

Any Associate whose date of hire is on or after January 1, 1999 shall become a
Participant in the Plan on the entry Date coincident with or immediately
following the later of (i) the attainment of age twenty-one (21) and (ii)
completion of one Year of Eligibility Service.

2.02 CONTRIBUTING PARTICIPANT

An Associate who satisfies the requirements of Section 2.01 may become a
Contributing Participant by electing to have Salary Deferral made on his behalf
pursuant to Section 3.01, and by making the election required by Section 5.02.
Such election may, subject to the provisions of Section 3.01, be made effective
as of the first pay period coincident with or next following the Entry Date on
which the Participant becomes a Contributing Participant.

2.03 REEMPLOYMENT

Upon the reemployment of any person after the Effective Date, the following
rules shall apply in determining his eligibility to participate in the Plan.

         (a)      If an Associate who was not eligible to become a Participant
                  in the Plan during his prior period of employment is
                  reemployed, he shall be eligible to participate in the Plan as
                  of the first Entry Date after he has met the requirements of
                  Section 2.01.

         (b)      If an Associate who as a Participant, or eligible to become a
                  Participant, in the Plan during his prior period of employment
                  is reemployed, he shall again become eligible to participate
                  in the Plan as of the Entry Date coincident with or next
                  following his date of reemployment

                                       18

<PAGE>

Nevertheless, the service earned by an Associate during his prior period of
employment will be disregarded until he has completed another Year of
Eligibility Service after reemployment but only if the Associate incurred a
Break in Service.

2.04 LEAVES OF ABSENCE

Subject to the following rules, participation shall continue during the
Participant's employment by the employer. Fur purposes of the preceding
sentence, a Participant will continue to be treated as employed by an Employer
if he is on approved leave of absence, if the Participant returns to work before
or at the expiration of such leave of absence or any extension thereof. Failure
to return at the end of such leave of absence, as determined by the Employer,
shall be treated as a termination of employment as of the date on which the
Participant fails to return from the leave of absence, except that in the case
of death or retirement, the termination shall be deemed to have occurred as of
the date of death or retirement.

2.05 CESSATION OF PARTICIPATION

Participation in the Plan shall cease upon Termination of Employment with the
Employer. Cessation of participation shall not require a distribution of the
balance of an Individual Account except as provided in Article VIII.

2.06 BENEFICIARY DESIGNATION

Subject to the consent provisions of Section 1.06, upon commencing
participation, each Participant shall designate a Beneficiary on forms furnished
by the Committee. Such Participant may then from time to time change his
designated Beneficiary by written notice to the Committee (with spousal consent,
if necessary) and, upon such change, the rights of al previously designated
Beneficiaries to receive any benefits under this Plan shall cease. If at the
time of a Participant's death while benefits are still outstanding, his named
Beneficiary does not survive him, the benefits shall be paid to his named
contingent Beneficiary. If a deceased Participant is not survived by either a
named Beneficiary or contingent Beneficiary (or if no Beneficiary was
effectively named), the benefits shall be paid in a single sum to the person(s)
in the first of the following classes of successive preference beneficiaries
then surviving: the Participant's (a) widow or widower, (b) children, (c)
parents, (d) brothers and sisters, (e) executors and administrators. If the
Beneficiary or contingent Beneficiary is living at the death of the Participant,
but such person dies prior to receiving the entire death benefit, the remaining
portion of such death benefits shall be paid in a single sum to the estate of
such deceased Beneficiary or contingent Beneficiary.

2.07 INVESTMENT FUND DIRECTION

Upon commencement of participant in the Plan, each Participant shall have the
right to designate by any method approved by the Committee, including but not
limited to

                                       19

<PAGE>

electronic or telephonic, the Participant's selection of Investment Funds in
which Salary Deferral and Qualified Matching Contributions shall be invested.

2.08 NOTIFICATION OF INDIVIDUAL ACCOUNT BALANCE

At least once each Plan Year, or more frequently as determined by the Committee,
the Committee shall notify each Participant of the amount of his share in the
Income, Company Profit Sharing Contributions, Matching Contributions, Rollover
Contributions, and Salary Deferral for the period just completed, and the new
balance of his Individual Account.

2.09 PLAN BINDING

Upon becoming a Participant, a Participant shall be bound then and thereafter by
the terms of this Plan and Trust Agreement, including all amendments to the Plan
and the Trust Agreement made in the manner herein authorized or as otherwise
authorized by law.

                                       20

<PAGE>

                                   ARTICLE III

                                  CONTRIBUTIONS

3.01 SALARY DEFERRAL

Each Participant who satisfies the requirements of Section 2.01 may elect
pursuant to Section 2.02 to become a Contributing Participant by electing to
have Salary Deferral made on his behalf by completing a Salary Deferral
agreement. The Salary Deferral agreement with the Participant's Employer shall
provide that it is agreed that his Employer shall redirect a portion of the
Participant's Compensation during each pay period and that the Employer will
contribute that amount to the Fund on his behalf. All Salary Deferral elections
shall be subject to the provisions of Section 5.04.

The Salary Deferral agreement shall be made by any method approved by the
Committee including but not limited to electronic or telephonic. In the event a
Participant does not so elect when first eligible, he may subsequently elect to
have Salary Deferral made on his behalf commencing as soon as is
administratively feasible coincident with or next following any Entry Date.

A Participant may elect to redirect a portion of his Compensation, expressed as
a whole dollar amount or a whole percentage of his Compensation, during each pay
period in an amount not less than one percent (1%) nor greater than (50%) fifty
percent of his Compensation. In no event, however, shall the amount of Salary
Deferral be less than three dollars ($3.00) per week (effective as of January 1,
1996, two dollars ($2.00) per week). Beginning with the 2002 Plan Year, the
amount of Salary Deferral shall be made only in whole percentages as described
hereof.

A Participant's Salary Deferral, including contributions to any other plan of
the Company that are made pursuant to Section 402(a)(8) of the Code, may not
exceed ten thousand five hundred dollars ($10,500.00) in any one calendar year.
The dollar limitation in the preceding sentence shall be adjusted in accordance
with Section 415(d) of the Code.

Effective for Plan Years beginning on and after January 1, 2002, all Associates
who are eligible to become Participants and make Salary Deferral to this Plan
who have attained age fifty (50) before the close of the Plan Year shall be
eligible to make catch-up Salary Deferral contributions in accordance with and
subject to the limitations of Section 414(v) of the Code. Such catch-up
contributions shall not be taken into account for purposes of Section 7.05 of
this Plan nor taken into account for purposes of the required limitations as
specified in Sections 402(g) and 415 of the Code or the requirements of Sections
401(k)(3), 401(k)(11), 401(k)(12) or 416 of the Code.

                                       21

<PAGE>

If, during any calendar year, a Participant makes Salary Deferral to this Plan
in excess of the limit provided in the preceding paragraph, and if the
Participant notifies the Committee in writing by March 1 following the close of
the calendar year of the portion of the amount contributed in excess of said
limit to all plans pursuant to Section 402(a)(8) of the Code, such amount shall
be deemed an "excess deferral" and the Committee shall direct the Trustee to
distribute to the Participant (not later than the April 15 following the
calendar year in which the excess deferral was made) the amount of the excess
deferral plus any income and minus any loss allocable to such amount. For
purposes of determining the income or losses on excess deferrals that will be
returned to the Participant, such income or losses shall include the Income
attributable to such excess deferrals for the Plan Year during which the excess
deferral was made plus the income attributable to such excess deferral from the
end of the Plan Year in which they were made to the date the excess deferral is
returned to the Participant, as described in the regulations under Section
401(g) of the Code.

Once contributed to the Fund, Salary Deferral shall be credited to the
Participant's Salary Deferral Account and shall not be subject to withdrawal
except as provided in Article IX.

A Participant electing to have Salary Deferral made on his behalf to the Plan
pursuant to this Section may, as soon as is administratively feasible following
notice to the Committee, increase or decrease his Salary Deferral percentage
(within the appropriate minimum and maximum). However, a Participant who is an
insider under Section 16 of the Securities Exchange Act of 1934 may change his
Salary Deferral only in accordance with procedures established by the Company.

Any Contributing Participant may elect to cease future Salary Deferral to the
Plan effective as soon as is administratively feasible following notice to the
Committee. In the event any such Participant desires thereafter to recommence
having Salary Deferral made on his behalf, he shall be allowed to do so
effective as soon as is administratively feasible following notice to the
Committee.

Any of the notice requirements in this Section may be made by any method
approved by the Committee including but not limited to the use of electronic or
telephonic means.

The Employer shall pay to the Trustee any Salary Deferral made on behalf of any
Contributing Participant within a reasonable time following the end of each
regular pay period.

3.02 MATCHING CONTRIBUTIONS

An Employer, by action of its board of directors, shall make a Matching
Contribution. Such Matching Contribution shall be in an amount as determined by
the Board and communicated to the Participants each Plan Year. Such Matching

                                       22

<PAGE>

Contribution shall be allocated to the Matching Contribution Account of each
Participant. Such Matching Contribution shall be allocated in proportion to
Salary Deferral made to all Investment Funds on behalf of the Participant. For
Plan Years beginning on and after January 1, 1996, Matching Contributions shall
be allocated to the Company Matching Contribution Account of each Participant
who (1) is an active Participant and employed by the Employer on such December
31 Valuation Date (including a Participant who is on an approved leave of
absence or layoff) and who completed one Year of Vesting Service for the Plan
Year; or (2) is retired, became Disabled, or died during the Plan Year ending on
such December 31 Valuation Date.

Effective for the 1996 Plan Year and for each Plan Year thereafter (unless
otherwise determined by the Board of the Company), the Matching Contribution to
the Plan shall be determined as follows:

         (a)      100% of the first two percent (2%) of the Participant's Salary
                  Deferral made to the Fund by the Employer on behalf of a
                  Contributing Participant for the Plan Year; and

         (b)      50% of the next four percent (4%)of the Participant's Salary
                  Deferral made to the Fund by the Employer on behalf of a
                  Contributing Participant for the Plan Year.

Effective as of February 1, 1998, a Matching Contribution made to the Plan shall
be in the form of Company Stock unless the Committee in its sole and final
discretion determines otherwise.

As used in this Plan, the term "Company Stock" means common stock of the Company
that shall be held in a pooled investment account consisting of Company Stock
and cash that shall be maintained pursuant to an administrative services
agreement between the Company and the Trustee.

3.03 RESTRICTIONS AND CONDITIONS ON MATCHING CONTRIBUTIONS

Matching Contributions shall be subject to the following restrictions and
conditions:

         (a) In no event shall an Employer be obligated to make a Matching
         Contribution for a given Plan Year in excess of the maximum amount
         deductible under Section 404(a)(3)(A) of the Code, or any statute or
         rule of similar import.

         (b) If due to a mistake of fact, the Matching Contribution to the Fund
         for any Plan Year exceeds the amount intended to be contributed,
         notwithstanding any provision to the contrary, the Employer, as soon as
         such mistake of fact is discovered, shall notify the Trustee.

                                       23

<PAGE>

     The Employer shall direct that the Trustee return such excess to the
     Employer, provided such return is made within one (1) year of the date on
     which the Employer made the Matching Contribution.

3.04 COMPANY PROFIT SHARING CONTRIBUTIONS

On each December 31 Valuation Date, an Employer may make a Company Profit
Sharing Contributions, in addition to amounts contributed pursuant to Section
3.02 in an amount determined by the Employer in its total and complete
discretion. No Company Profit Sharing Contribution shall be required in any
given Plan Year. Company Profit Sharing Contributions shall be allocated to the
Company Profit Sharing Contribution Account of each Participant (1) who is a
Participant on such December 31 Valuation Date (including a Participant who in
on an approved leave of absence or layoff) and who completed one year of Vesting
Service for the Plan Year, or, (2) who retired, became Disabled, or died during
the Plan year ending on such December 31, Valuation date. Such company Profit
Sharing Contribution allocation shall be on the basis of the ratio of each such
eligible Participant's Compensation, while an Associate of such contributing
employer for the Plan Year over the total Compensation for all such eligible
Participants while Associates of such contributing Employer for the Plan Year.

3.05 RESTRICTIONS AND CONDITIONS ON COMPANY PROFIT SHARING CONTRIBUTIONS

Company Profit Sharing Contributions shall be subject to the following
restrictions and conditions:

         (a) In no event shall an Employer be obligated to make a Company Profit
         Sharing Contribution for a given Plan Year in excess of the maximum
         amount deductible under Section 404(a)(3)(A) of the Code, or any
         statute or rule of similar import.

         (b) If due to a mistake of fact, the Company Profit Sharing
         Contribution to the Fund for any Plan Year exceeds the amount intended
         to be contributed, notwithstanding any provision to the contrary, the
         Employer, as soon as such mistake of fact is discovered, shall notify
         the Trustee.

     The Employer shall direct that the Trustee return such excess to the
     Employer, provided such return is made within one (1) year of the date on
     which the Employer made the Company Profit Sharing Contribution.

3.06 QUALIFIED NONELECTIVE CONTRIBUTIONS

If so elected, an Employer may make Qualified Nonelective Contributions to the
Plan on behalf of its Associates. Such contributions shall be allocated to the
Participant's Individual Account in the same manner as Company Profit Sharing
Contributions. For purposes of this Section, Qualified Nonelective Contributions
are contributions that Participants may not elect to receive in cash until
distributed from the Plan, are nonforfeitable when made and are distributable
only in

                                       24

<PAGE>

accordance with the distribution provisions applicable to Salary Deferrals other
than withdrawals by reason of hardship pursuant to Article IX.

3.07 QUALIFIED MATCHING CONTRIBUTIONS

If so elected, an Employer may make Qualified Matching Contributions to the Plan
on behalf of its Associates. Such contributions shall be allocated to the
Participant's Individual Account in the same manner as Matching Contributions.
For purposes of this Section, Qualified Matching Contributions are contributions
that Participants may not elect to receive in cash until distributed from the
Plan, are nonforfeitable when made and are distributable only in accordance with
the distribution provisions applicable to Salary Deferrals other than
withdrawals by reason of hardship pursuant to Article IX.

                                       25

<PAGE>

                                   ARTICLE IV

                          LIMITATIONS ON CONTRIBUTIONS

4.01 TESTING OF SALARY DEFERRAL

Notwithstanding anything contained herein to the contrary, in each Plan Year in
which Salary Deferrals are made to the Plan, such Salary Deferrals shall be
subject to the following tests (the "ADP tests"). For purposes of the ADP tests,
all Salary Deferrals made under any plans that are aggregated for purposes of
Sections 401(a)(4) or 410(b) of the Code (without regard to Section
410(b)(2)(A)(ii) of the Code) shall be treated as made under a single plan of
the Employer, and such aggregated plans must satisfy Sections 401(a)(4) and
410(b) of the Code as though they were a single plan. The Salary Deferral under
this Plan and elective contributions under all other cash or deferred
arrangements of the Employer made on behalf of Highly Compensated Employees
shall be combined for purposes of the ADP tests. Such plans may be aggregated to
satisfy Section 401(k) of the Code only if they have the same Plan Year. The ADP
tests shall apply to the Salary Deferrals made for the Plan Year as determined
as of the end of the Plan Year. The Employer may apply the ADP tests at any
other time during the Plan Year.

In performing the test all participants shall be separated into two (2) groups -
the Highly Compensated Employee group and the Non Highly Compensated Employee
group.

Only one of the following two ADP tests needs to be satisfied for there not to
be an adjustment to Salary Deferral as provided below.

Test I: The Actual Deferral Percentage for the Plan Year for the eligible Highly
Compensated Employee group for each Plan Year is not more than the Actual
Deferral Percentage of the Non Highly Compensated Employee group for the prior
Plan Year multiplied by 1.25.

Test II: The excess of the Actual Deferral percentage for the Plan Year for the
eligible Highly Compensated Employee group for each Plan Year over that of the
Non Highly Compensated Employee group for the prior Plan Year is not more than
two percentage points, and the Actual Deferral Percentage for the Plan Year for
the Highly Compensated Employee group for each Plan Year is not more than the
Actual Deferral Percentage for the prior Plan Year for the Non Highly
Compensated Employee group for the prior Plan Year multiplied by 2.0.

Any adjustments to the Non Highly Compensated Employee group Actual Deferral
Percentage for the prior Plan Year shall be made in accordance with IRS Notice
98-1 and any superceding guidance issued by the IRS.

                                       26

<PAGE>

For purposes of determining who is a Highly Compensated Employee, a Participant
is a Highly Compensated Employee for a particular Plan Year if the Participant
meets the definition of Highly Compensated Employee if effect for that Plan
Year. A Participant is a Non Highly Compensated Employee if the Participant does
not meet the definition of Highly Compensated Employee in effect for that Plan
Year.

The Actual Deferral Percentage shall include (1) any Salary Deferrals, including
excess deferrals described in Section 3.01, but excluding any Salary Deferrals
that are taken into account in satisfying the ACP tests described in Section
4.01 (provided the ADP test described herein is satisfied both with and without
exclusion of such Salary Deferrals) and (2) if so elected by the Committee, any
Qualified Nonelective Contributions and qualified Matching Contributions. To the
extent contributions in (2) above are so applied, they shall not be included in
the computation of the Actual Contribution Percentage otherwise applicable to
such contributions. For purposes of computing Actual Deferral Percentages, an
Associate who would be a Participant but for the failure to make Salary
Deferrals shall be treated as a Participant on whose behalf no Salary Deferrals
are made.

Upon the application of the ADP tests prior to the end of the Plan Year, if
neither test is met, the committee may adjust the Highly Compensated Employee's
election for the remainder of the Plan Year to the extent necessary to meet
either test.

Upon the application of the tests at the end of the Plan Year, if neither test
is met, the Committee shall return to the Highly Compensated Employee, by the
end of the next Plan Year, the amount of Salary Deferral, inclusive of earnings
or losses, necessary to meet either test. However, such amounts must be returned
within two and one-half months after the end of the affected Plan Year to avoid
an excise tax upon the Employer. The adjustment of Salary Deferrals of Highly
Compensated Employees to be returned (after excess Salary Deferrals and other
Employer contributions required to be taken into account in determining amounts
under Section 402(g) of the Code have been returned) shall be allocated to those
Highly Compensated Employees with the largest amounts of contributions taken
into account in determining the ADP test for the Plan Year in which the excess
arose, beginning with the Highly Compensated Employee with the largest amount of
such contributions and continuing in descending order until all the excess
contributions have been allocated. For purposes of determining the earnings or
losses on Salary Deferral that will be returned to the Highly Compensated
Employee, such earnings or losses shall include the Income attributable to such
Salary Deferral for the Plan Year during which the excess Salary Deferral was
made plus the Income attributable to such Salary Deferral from the end of the
Plan Year in which they were made to the date the excess Salary Deferral is
distributed to the Participant, as described in the regulations under Section
401(k) of the Code.

The amount of excess Salary Deferral that may be distributed shall be reduced by
the amount of any excess deferrals pursuant to Section 402(g) of the Code, as

                                       27

<PAGE>

described in Section 3.01, previously distributed in the Participant's taxable
year ending with or within the applicable Plan Year.

It is specifically provided hereunder that any Matching Contribution shall be
conditioned upon permissible Salary Deferral. Salary Deferral shall only be
permissible to the extent they meet the ADP tests provided herein. In the event
such ADP tests require the return of excess Salary Deferral, the corresponding
Matching Contribution shall not be made to the Plan or, if such Matching
Contribution has already been made to the Plan prior to the time the ADP tests
are performed, then such Matching Contribution shall be returned to the
Employer.

Subject to the limitation of Section 4.03, the determination of which ADP test
shall be met shall be based upon the test that requires the adjustment of the
smallest amount of Salary Deferral.

The Committee shall establish rules and procedures for modifying the election
with respect to the Highly Compensated Employees to ensure, to the extent
possible, that either of the ADP tests will be met.

The Employer shall maintain records sufficient to demonstrate compliance with
the ADP test.

All rules of application with reference to the ADP tests shall be governed by
Section 401(k) of the Code and any rules and regulations issued pursuant
thereto.

4.02 TESTING OF MATCHING CONTRIBUTIONS

In each Plan Year in which Matching Contributions are made to the Plan, such
Matching Contributions shall be subject to the following tests (the "ACP
tests"). For purposes of the ACP tests, all Matching Contributions made under
any plans that are aggregated for purposes of Sections 401(a)(4) or 410(b) of
the Code (without regard to Section 410(b)(2)(A)(ii)) of the Code shall be
treated as made under a single plan of the Employer, and such aggregated plans
must satisfy Sections 401(a)(4) and 410(b) of the Code as though they were a
single plan. The Matching Contributions under this Plan and elective
contributions under all other cash or deferred arrangements of the Employer made
on behalf of Highly Compensated Employees shall be combined for purposes of the
ACP tests. Such plan may be aggregated to satisfy Section 401(m) of the Code
only if they have the same Plan Year. The ACP tests shall apply to the Matching
Contributions made for the Plan Year as determined as of the end of the Plan
Year. The Employer may apply the ACP tests at any other time during the Plan
Year.

Salary Deferral contributions may, at the election of the Employer, be treated
as Matching Contributions to the extent that (1) Salary Deferral contributions
satisfy the ADP tests under Section 4.01, including those amounts treated as
Matching

                                       28

<PAGE>

Contributions, and (2) Salary Deferral contributions satisfy the ADP tests under
Section 4.01, excluding those amounts treated as Matching Contributions.

In performing the test all participants shall be separated into two (2) groups -
the Highly Compensated Employee group and the Non Highly Compensated Employee
group.

Only one of the following two ACP tests needs to be satisfied for there not to
be an adjustment to Salary Deferral as provided below.

Test I: The Actual Contribution Percentage for the Plan Year for the eligible
Highly Compensated Employee group for the Plan Year is not more than the Actual
Contribution Percentage for the prior Plan Year of the Non Highly Compensated
Employee group for the prior Plan Year multiplied by 1.25.

Test II: The excess of the Actual Contribution percentage for the Plan Year for
the eligible Highly Compensated Employee group for the Plan Year over that of
the Non Highly Compensated Employee group for the prior Plan Year is not more
than two percentage points, and the Actual Contribution Percentage for the
Highly Compensated Employee group for the Plan Year is not more than the Actual
Contribution Percentage for the prior Plan Year for the Non Highly Compensated
employee group for the prior Plan Year multiplied by 2.0.

Any adjustments to the Non Highly Compensated Employee group Actual Contribution
Percentage for the prior Plan Year shall be made in accordance with IRS Notice
98-1 and any superceding guidance issued by the IRS.

For purposes of determining who is a Highly Compensated Employee, a Participant
is a Highly Compensated Employee for a particular Plan Year if the Participant
meets the definition of Highly Compensated Employee if effect for that Plan
Year. A Participant is a Non Highly Compensated Employee if the Participant does
not meet the definition of Highly Compensated Employee in effect for that Plan
Year.

For purposes of determining the Actual Contribution Percentage, Matching
Contributions are considered to be made for a Plan Year if made no later than
the end of the twelve month period beginning on the day after the close of the
Plan Year.

Upon the application of the tests at the end of the Plan Year, if neither test
is met, then Matching Contributions, not previously deemed "forfeited" pursuant
to Section 4.01, made on behalf of Highly Compensated Employees shall then be
reduced. The reduction shall be made on the basis of the respective portions of
such amounts attributable to each High Compensated Employee. The vested portion
of such Matching contributions plus earnings or losses shall be distributed to
the highly Compensated employee by the end of the next Plan Year. However, such
amount must be returned within two and one-half months after the end of the Plan
Year to avoid an excise tax upon the Employer. For purposes of determining the
earnings or

                                       29

<PAGE>

losses on Salary Deferral that will be returned to the Highly Compensated
Employee, such earnings or losses shall include the Income attributable to such
vested Matching Contributions for the Plan Year during which the excess Matching
Contributions was made plus the Income attributable to such vested Matching
Contributions from the end of the Plan Year in which they were made to the date
the excess vested Matching Contributions is distributed to the Participant, as
described in the regulations under Section 401(m) of the Code.

Subject to the limitation of Section 4.03, the determination of which ACP test
shall be met shall be based upon the test that requires the adjustment of the
smallest amount of Matching Contributions.

The Committee shall establish rules and procedures for modifying the election
with respect to the Highly Compensated Employees to ensure, to the extent
possible, that either of the ACP tests will be met.

The Employer shall maintain records sufficient to demonstrate compliance with
the ACP test.

All rules of application with reference to the ACP tests shall be governed by
Section 401(m) of the Code and any rules and regulations issued pursuant
thereto.

4.03 MULTIPLE USE LIMITATION

Effective for Plan Years beginning prior to January 1, 2002, in the event the
Employer or an Affiliate sponsors one or more qualified plans to which Sections
401(k) and 401(m) of the Code apply, additional rules shall be applicable to
prevent the multiple use of the alternative test described in Sections
401(k)(3)(A)(ii)(ll) and 401(m)(2)(A)(ii) of the Code with respect to any
Participant.

The multiple use of the alternative test as referenced above occurs if: (a) one
or more Highly Compensated Employees are eligible under a plan subject to
Sections 401(k) and 401(m) of the Code; and (b) the sum of the actual Deferral
Percentage of the entire group of eligible Highly Compensated Employees subject
to Section 401(k) of the Code and the Actual Contribution Percentage of the
entire group of eligible Highly Compensated Employees under the plan subject to
Section 401(m) of the Code exceeds the "Aggregate Limit".

The Aggregate Limit is the greater of (1) and (2) below:

(1) The sum of

                  (a)      One hundred and twenty-five percent of the greater of
                           (i) the Actual Deferral Percentage of the group of
                           Non Highly Compensated Employees eligible under the
                           Plan subject to Section 401(k) of the Code for the
                           Plan Year or (ii) the Actual Contribution Percentage
                           of the group of Non Highly

                                       30

<PAGE>

                           Compensated Employees eligible under the Plan subject
                           to Section 401(m) of the Code for the Plan Year; and

                  (b)      Two plus the lesser of (i) or (ii) above. In no
                           event, however, shall this amount exceed two hundred
                           percent of the lesser of (i) or (ii) above.

(2) The sum of

                  (a)      One hundred and twenty-five percent of the greater of
                           (i) the Actual Deferral Percentage of the group of
                           Non Highly Compensated employees eligible under the
                           Plan subject to Section 401(k) of the Code for the
                           Plan Year or (ii) the Actual Contribution Percentage
                           of the group of Non Highly Compensated Employees
                           eligible under the Plan subject to Section 401(m) of
                           the Code for the Plan Year; and

                  (b)      Two plus the lesser of (i) or (ii) above. In no
                           event, however, shall this amount exceed two hundred
                           percent of the lesser of (i) or (ii) above.

In the event the Aggregate Limit is exceeded, the Employer shall reduce the
Actual Contribution Percentage of those Highly Compensated Employees who also
have an Actual Deferral Percentage to the extent necessary to ensure compliance
with the limitation stated in the preceding paragraph, by reducing the Actual
Contribution Percentage of the Highly Compensated Employee with the highest
percentage. The amount by which the Actual Contribution Percentage of Highly
Compensated Employees must be reduced shall be treated as a reduction under
Section 4.02.

This Section shall not apply if both the Actual Deferral Percentage and the
Actual Contribution Percentage of the Highly Compensated Employee group does not
exceed 1.25 multiplied by the Actual Deferral Percentage and Actual Contribution
Percentage of the Non Highly Compensated Employee group.

All rules of application with respect to this multiple use limitation shall be
governed by Sections 401(k) and 401(m) of the Code and any rules and regulations
issued pursuant thereto.

                                       31

<PAGE>

                                    ARTICLE V

                                   INVESTMENTS

5.01 INVESTMENT FUNDS

The Trustee shall establish and maintain such Investment Fund(s) so designated
from time to time by the Committee. Such Funds available for investment by
Participants shall be communicated to the Participants by the Committee.

The Committee may, for administrative purposes, establish unit values for one or
more Investment Funds (or any portion thereof) and maintain the accounts setting
forth each Participant's interest in such Investment Fund (or any portion
thereof) in terms of such units, all in accordance with such rules and
procedures that the Committee shall deem fair, equitable and administratively
feasible. A Participant's interest in an Investment Fund (or any portion
thereof) in the event unit account is established shall be determined by
multiplying the then value of a unit in said Investment Fund (or any portion
thereof) by the number of units then credited to the Participant's Individual
Account.

The Trustee shall allocate to and invest as part of each Investment Fund the
contributions in accordance with the directions of the Committee. Income from
investments in each Investment Fund shall be reinvested in the same Investment
Funds. The Trustee shall transfer assets from one Investment Fund to the other
as directed by the Committee.

5.02 INVESTMENT FUND ELECTIONS FOR CURRENT CONTRIBUTIONS

Prior to or after the date an Associate becomes a Participant, he shall have the
right to direct the Committee as to the investment of that portion of his Salary
Deferral and Matching Contribution (and any other Employer contributions made on
his behalf) to be made on and after such date. Such election shall be made by
any method approved by the Committee including but not limited to electronic or
telephonic means.

For any other Associate who is a Participant, a Salary Deferral and Matching
Contribution (and any other Employer contributions made on his behalf) election
shall remain in effect until a subsequent election is made. Such elections may
be made as frequently as daily, provided however that they are made in
accordance with specified instructions as determined by the Committee. The
election described in this Section shall apply to all Salary Deferrals (and
other Employer contributions made on behalf of the Participant; provided,
however, that Matching Contributions shall always be made by the Employer in the
form of Company Stock unless otherwise determined by the Committee.
Notwithstanding any of the above within this Section 5.02, all rights of a
participant to direct the investment of any Salary

                                       32

<PAGE>

Deferral (and any other Employer contributions made on behalf of the
Participant) shall be subject to the provisions of Section 5.04.

5.03 INVESTMENT FUND ELECTIONS FOR PRIOR CONTRIBUTIONS

Any time as described in Section 5.02, each Participant shall have the right to
direct the Committee to have his Individual Account invested in whole
percentages in the Investment Funds specified in Section 5.01, including his
Company Matching Contribution Account (effective as of February 1, 1998). Such
election shall be effective as soon as administratively feasible following the
receipt of such election. Receipt of such election may be in the form of paper
and/or electronic or telephonic media as determined by the Committee and
communicated to the Participants and shall be presumed to be accurate. An
election under this Section 5.03 shall only apply to amounts actually allocated
to the Individual Account of the Participant. The direction of investments for
current ongoing contributions shall be as determined pursuant to Section 5.02.

5.04 SPECIAL RULES AFFECTING OFFICERS AND DIRECTORS

Any Participant who is at any time designated by the Company to be an "Officer"
or "Director" of Big Lots, Inc., within the meaning of the Securities and
Exchange Act of 1934 and the rules thereunder promulgated (generally known as
Section 16), shall be subject to the procedures from time to time adopted by the
Committee for purposes of compliance with Section 16. All accounts, and all
activity with respect to accounts of Participants who are designated "Officers"
or "Directors" shall be restricted governed by such procedures, and no activity
with respect to any account of such a Participant shall be permitted that does
not comply with such procedures. To the extent that any provisions of this Plan
create rights or privileges contrary to or greater than those permitted by the
procedures adopted by the Committee, such rights or privileges shall be null and
void with respect to Participants who are "Officers" and "Directors".

                                       33

<PAGE>

                                   ARTICLE VI

                                    ROLLOVERS

6.01 ROLLOVERS FROM OTHER PLANS

Any Associate who has had distributed to him a "qualified total distribution"
(within the meaning of Section 402(a)(5)(E) of the Code, from a Defined
Contribution Plan or a Defined Benefit Plan that meets the requirements of
Section 401(a) of the Code as a result of (i) termination of employment, (ii)
plan termination, (iii) disability (or Disabled), or (iv) attaining age
fifty-nine and one-half (59-1/2), may transfer the distribution received from
such other plan, or from an individual retirement account into which such
distribution has been transferred or rolled over, to the Trustee, provided the
following conditions are met:

(a)      In the case of a transfer directly from such a plan, the transfer
         occurs on or before the sixtieth day following his receipt of the
         distribution from the other plan and the amount transferred equals the
         amount of the total distribution he received from the other plan less
         the amount (if any) considered contributed by him in accordance with
         Section 401(e)(4)(D)(i) of the Code; or

(b)      In the case of a rollover (or transfer) from such an individual
         retirement account, such rollover or transfer constituted a "rollover
         contribution" within the meaning of Section 4089d)(3)(a)(ii) of the
         Code.

Effective as of January 1, 2002, the Plan shall also accept rollovers and direct
transfers of the following types of distributions:

(a)      an annuity contract described in Section 403(b) of the Code, excluding
         after-tax employee contributions; and

(b)      an eligible plan under Section 457(b) of the Code that is maintained by
         a state, political subdivision of a state, or any agency or
         instrumentality of a state or political subdivision of a state.

The Committee shall develop such procedures, and may require such information
from the Associate desiring to make such transfer, as it deems necessary or
desirable to determine that the proposed transfer will meet the requirements of
this Section and the Code.

Upon approval by the Committee, the amount transferred, which must consist of
cash only, shall be deposited in the fund and shall be credited to the
Associate's Rollover Account. Immediately prior to the transfer of such assets,
the Associate shall give direction to the Committee as to how the amounts
transferred are to be invested in the Investment Funds then available for
investment under Section 5.01.

                                       34

<PAGE>

                                   ARTICLE VII

                       ALLOCATIONS TO INDIVIDUAL ACCOUNTS

7.01 INDIVIDUAL ACCOUNTS

The Committee shall establish and maintain an Individual Account in the name of
the Participant to which the Committee shall credit all amounts allocated to
each such Participant pursuant to Article III, Article IV and the following
Sections of this Article VII. Each Individual Account shall be comprised of
whichever of the following are applicable to a particular Participant: a Salary
Deferral Account, a Matching Contribution Account, a Company Profit Sharing
Contribution Account, and a Rollover Account. The Committee shall also maintain
records to indicate the amount of each Participant's various accounts comprising
his Individual Account invested in each Investment Fund.

7.02 ALLOCATION OF MATCHING CONTRIBUTIONS AND COMPANY PROFIT SHARING
     CONTRIBUTIONS

Matching Contributions shall be allocated as provided in Section 3.02. Company
Profit Sharing Contributions (if any) shall be allocated, as of each December 31
Valuation Date, as provided in Section 3.04.

7.03 ALLOCATION OF INCOME

The Committee shall determine the Income for the period elapsed since the last
preceding Valuation Date. Under the terms of this Plan, each Participant's
Individual Account shall be valued and the Income determined on a daily basis.
Such Income shall be allocated as of each Valuation date to the accounts of all
participants and Former participants who maintain a credit balance in their
Individual Account. Such allocation shall be made in relation to that portion of
their Individual Accounts attributable to their Salary Deferral Account,
Matching Contribution Account, Company Profit Sharing Contribution Account or
Rollover Account.

7.04 TRUSTEE AND COMMITTEE JUDGMENT CONTROLS

In determining the fair market value of the Fund and of Individual Accounts, the
Trustee and the Committee shall exercise their best judgment, and all such
determinations of value (in the absence of bad faith) shall be binding upon all
Participants and their Beneficiaries.

                                       35

<PAGE>

7.05 MAXIMUM ADDITIONS

Anything herein to the contrary notwithstanding, the total Annual Additions made
to the Individual Account of a Participant for any Limitation Year, when
combined with any similar Annual Additions credited to the Participant for the
same period from any other qualified Defined Contribution Plan maintained by the
employer, shall not exceed the lesser of:

(a)      $30,000 or the specific amount, determined by the Commissioner of the
         Internal Revenue as of January 1, of each calendar year, to apply to
         the Limitation Year ending with or within that calendar year (for Plan
         Years beginning on and after January 1, 2002, $40,000 as adjusted for
         increases in the cost-of-living under Section 415(d) of the Code); or

(b)      Twenty-five (25%) percent of the Participant's total compensation
         (under Section 415 of the Code) received from the Employer for such
         Limitation Year, (for Plan Years beginning on and after January 1,
         2002, one hundred percent (100%) of the Participant's total
         compensation within the meaning of Section 415(c)(3) of the Code, but
         not taking into account contributions from medical benefits after
         Termination of Employment (within the meaning of Section 401(h) of the
         Code or Section 419A(f)(2) of the Code) that are otherwise treated as
         Annual Additions.

In the event a Participant is covered by one or more Defined Contribution Plans
maintained by the Employer, the maximum Annual Additions as noted above shall be
decreased in any other Defined Contribution Plan as determined necessary by the
employer, prior to a reduction of this Plan, to ensure that all such plans will
remain qualified under the Code.

7.06 CORRECTIVE ADJUSTMENTS

In the event that as of any Valuation Date corrective adjustments in the Annual
addition to any Participant's Individual Account are required as the result of a
reasonable error in estimating a Participant's total compensation, the following
corrective adjustments shall be made in the following order of precedence:

(a)      The Participant's unmatched Salary Deferral (plus attributable
         earnings) shall be reduced to ensure compliance with Section 7.05. Any
         affected Salary Deferral shall be used to offset Salary Deferral for
         the next Limitation Year (and succeeding Limitation Years as necessary)
         for that Participant.

(b)      The Participant's matched Salary Deferral (plus attributable earnings)
         and his Matching Contributions (plus attributable earnings) shall be
         reduced to insure compliance with Section 7.05. Any affected Salary
         Deferral shall be used to offset Salary Deferral for the next
         Limitation year (and succeeding Limitation Years as necessary) for that
         Participant. Any affected Matching Contributions shall be used to
         reduce future Matching Contributions.

                                       36

<PAGE>

(c)      The Participant's Company Profit Sharing Contributions shall be reduced
         to ensure compliance with Section 7.05. Any affected Company Profit
         Sharing Contributions shall be returned to the Employer.

7.07 DEFINED CONTRIBUTION AND DEFINED BENEFIT PLAN FRACTION

For Plan Years beginning prior to January 1, 2000, if a Participant is a
participant in a Defined Benefit Plan maintained by the Employer, the sum of his
defined benefit plan fraction and his defined contribution plan fraction for any
Limitation Year may not exceed 1.0.

For purposes of this Section, the term "defined contribution plan fraction"
shall mean a fraction, the numerator of which is the sum of all of the Annual
Additions to the Participant's Individual Account under this Plan as of the
close of the Limitation Year and the denominator of which is the sum of the
lesser of the following amounts determined for such Limitation Year and for each
prior Limitation Year of employment with the Employer:

(a)      the product of 1.25 multiplied by the dollar limitation described in
         Section 7.05(a) for such Limitation Year; or

(b)      the product of 1.4 multiplied by the amount calculated pursuant to
         Section 7.05(b) with respect to each individual under the Plan for such
         Limitation Year.

For purposes of this Section, the term, "defined benefit plan fraction" shall
mean a fraction, the numerator of which is the Participant's projected annual
benefit (as defined in the Defined Benefit Plan) determined as of the close of
the Limitation Year and the denominator of which is the lesser of:

(a)      the product of 1.25 multiplied by the dollar limitation in effect
         pursuant to Section 415(b)(1)(A) of the Code for such Limitation Year;
         or

(b)      the product of 1.4 multiplied by the amount which may be taken into
         account pursuant to Section 415(b)(1)(B) of the Code with respect to
         each individual under the Plan for such Limitation Year.

The limitation on aggregate benefits from a Defined Benefit Plan and a Defined
Contribution Plan that is contained in Section 2004 of ERISA, as amended, shall
be complied with by a reduction (if necessary) in the Participant's benefits
under that Defined benefit Plan (in accordance with the provisions of said plan)
and his benefits herein shall not be affected by such aggregate limitation.

                                       37

<PAGE>

                                  ARTICLE VIII

                                  DISTRIBUTIONS

8.01 DISTRIBUTION UPON RETIREMENT, DISABILITY OR TERMINATION OF EMPLOYMENT

A Participant whose Termination of Employment is due to retirement, Disability,
or for any other reason than death, shall be eligible to receive a distribution
from the Plan determined as follows:

(a)      If the Participant's termination is due to disability (or Disabled),
         the Participant shall receive the balance of his Salary Deferral
         Account, Rollover Account, Matching Contribution Account, and Company
         Profit Sharing Contribution Account, determined as of the Valuation
         Date coincident with his Termination of Employment Date (plus or minus
         gains or losses to the date the check is issued), less any withdrawals
         made on said Valuation Date. In addition, the Participant shall receive
         the Company Profit Sharing Contributions made for such Plan Year
         pursuant to Section 3.04, as of the December 31 Valuation Date
         immediately following the date on which his Disability occurred.

(b)      If the Participant's termination is after the Participant's Normal
         Retirement Age, the Participant shall receive the balance of his Salary
         Deferral Account, Rollover Account, Matching Contribution Account and
         Company Profit Sharing Contribution Account, determined as of the
         Valuation Date coincident with his Termination of Employment date, less
         any withdrawals made on said Valuation Date. In addition, the
         Participant, if he retires on or after his Normal Retirement Age, shall
         receive the Company Profit Sharing Contributions made for such Plan
         Year, pursuant to Section 3.04, respectively, as of the December 31
         Valuation Date immediately following the date on which his retirement
         occurs.

(c)      If the Participant's termination is due to reason other than
         retirement, Disability, or death, the Participant shall receive the
         balance of his Salary Deferral Account, Rollover Account, and, in
         accordance with Section 8.01(d), the vested portion of his Matching
         Contribution Account, including Matching Contributions credited to the
         Participant's Matching Contributions Account since the prior Valuation
         Date, and Company Profit Sharing Contribution Account, determined as of
         the Valuation Date coincident with his Termination of Employment date,
         less any withdrawals made on said Valuation Date. The Participant shall
         not be entitled to an allocation of Company Profit Sharing
         Contributions, made pursuant to Section 3.04, for the period in which
         his Termination of Employment occurs.

(d)      Upon the Termination of Employment of a Participant under Section
         8.01(c), the Participant shall be vested in a percentage of the balance
         of his Matching Contribution Account and Company Profit Sharing
         Contribution Account, based on his years of Vesting Service at his date
         of termination, as follows:

                                       38

<PAGE>

<TABLE>
<CAPTION>
Years of Vesting Service                    Vested Percentage of
     At Termination                              Account
------------------------                    ---------------------
<S>                                         <C>
      Fewer than 2                                  0%
      2                                            25%
      3                                            50%
      4                                            75%
      5 or more                                   100%
</TABLE>

Notwithstanding the above, a participant shall be fully vested in his Matching
Contribution Account and Company Profit Sharing Contribution Account upon
attaining Normal Retirement Age. Any amount not so vested shall be held in the
Participant's matching Contribution Account and Company Profit Sharing
Contribution Account until the end of the Plan Year in which he separates from
service, at which time it shall be treated as a distribution of $0 and
forfeited.

Any amounts forfeited by a Participant pursuant to this Section shall be used to
reduce future Matching Contributions made pursuant to Section 3.02 and Company
Profit Sharing Contributions made pursuant to Section 3.04, or at the discretion
of the Company, used to reduce Plan expenses.

The committee shall direct the Trustee to distribute to the Participant the
amount determined above in accordance with Section 8.03 hereof.

8.02 DISTRIBUTION UPON DEATH

Upon the death of a Participant before Termination of Employment, the balance of
such Participant's Individual Account, as of the Valuation Date coincident with
the date of death of the Participant (plus or minus gains or losses to the date
the check is issued), less any withdrawals made on said Valuation Date shall
become payable and the Committee shall direct the Trustee to distribute to such
Participant's Beneficiary such amount in accordance with Section 8.04 hereof. In
addition, the Beneficiary shall be entitled to the Participant's allocation of
the Company Profit Sharing Contributions, made for the current Plan Year
pursuant to Section 3.04, as of the December 31 Valuation Date immediately
following the date on which the Participant died.

8.03 COMMENCEMENT OF BENEFITS FOR TERMINATED, RETIRED AND DISABLED PARTICIPANTS

Any benefits payable under this Article shall be paid to a terminated, retired
or Disabled Participant as soon as reasonably possible following the
Participant's actual date of Termination of Employment.

                                       39

<PAGE>

If (i) the value of the Participant's Individual Account does not exceed $5,000,
or (ii) the Participant agrees in writing, the Committee shall direct that the
distribution be paid in a lump sum to such terminated, retired, or Disabled
Participant. No other benefits of any type shall be payable to such former
Participant or his Beneficiaries. If the value of the Participant's Individual
Account exceeds $5,000, the Committee may not require a lump sum distribution
without the written consent of the Participant.

If the value of the Participant's Individual Account (i) for Plan Years
beginning before August 6, 1997, exceeds $3,500 (or exceeded $3,500 at the time
of any prior Distribution, (ii) for Plan Years beginning after August 5, 1997
and for a distribution made prior to March 22, 1999, exceeds $5,000 (or exceeded
$5,000 at the time of any prior distribution, and (iii) for Plan Years beginning
after August 5, 1997 and for a distribution made after March 21, 1999, that
either exceeds $5,000 or is a remaining payment under a selected optional form
of payment that exceeded $5,000 at the time the selected payment began, and the
Individual Account is immediately distributable, the Participants and the
Participant's spouse (or survivor, if applicable) must consent in writing to any
such distribution of said Individual Account.

For purposes of this Section, the value of a Participant's Individual Account
shall be determined without regard to that portion of the Individual Account
that is attributable to rollover contributions (and earnings thereon) within the
meaning of Sections 402(c), 403(a)(4), 403(b)(8), 408(d)(3)(A)(ii), and
457(e)(16) of the Code.

The Committee shall provide to each such Participant whose consent is required
no less than thirty (30) days and no more than ninety (90) days prior to the
commencement of benefit payments, a written explanation of the material features
and relative values of the forms of benefit under the Plan, and his right (if
any) to defer receipt of the distribution. A Participant may elect to commence
his distribution in less than thirty (30) days from the date he is provided with
the explanation provided he is informed of his right to the thirty (30) day
period. Provided, however, that the Participant's written consent to a
distribution must not be made prior to the time he receives the written
explanation and must not be made after ninety (90) days before benefit payments
commence.

The distribution of a Participant's Individual Account under the Plan shall
begin not later than the earlier of (1) or (2) where:

         (1) is the later of:

                  i.       the sixtieth (60th) day after the close of the Plan
                           Year in which occurs the latest of:

                              (A) the attainment by the Participant of Normal
                                  Retirement Age

                              (B) the fifth (5th) anniversary of the date on
                                  which the participant commenced participation
                                  in the Plan, or

                                       40

<PAGE>

                              (C) the termination of the Participant's service
                                  with the Employer;

                  ii.      such date as the Participant may elect (but not
                           earlier than the consent of a person if required
                           above); or

         (2) is the April 1 of the calendar year following the later of:

                  i.       the calendar year in which the Participant attains
                           age 70-1/2, or

                  ii.      the calendar year in which the Participant retires,
                           provided that such Participant is not a five percent
                           (5%) or more owner.

8.04 COMMENCEMENT OF BENEFITS TO A BENEFICIARY

Upon the death of a Participant, the benefits payable to his Beneficiary shall
be paid as soon as reasonably possible after the Participant's date of death, in
the manner specified in Section 8.05.

If the amount of the distribution is for more than $5,000, the Beneficiary may
elect to defer the distribution but not beyond the date on which the Participant
would have attained age seventy and one-half (70-1/2). If the Beneficiary is
the spouse of the Participant and such spouse dies before payments occur, the
distribution shall be made as if the spouse had been the Participant.

8.05 METHODS OF PAYMENT

All distributions from this Plan shall be paid as a lump sum distribution in
cash or in kind (or in combination thereof) to a Participant or Beneficiary.

Effective for distributions beginning prior to December 1, 2001, at the election
of the Participant or Beneficiary, distributions from this Plan shall be made in
monthly, quarterly, or annual installments over a fixed period of time not to
exceed the lesser of (i) ten (10) years, (ii) the life expectancy of the
Participant, or (iii) the joint live and last survivor expectancy of the
Participant and his designated Beneficiary. Furthermore, upon the written
request of the Participant or Beneficiary (if applicable), the Committee shall
accelerate payment of all or any portion of the Participant's unpaid Individual
Account.

For purposes of this Section, distribution of the note evidencing a loan under
Section 9.04 shall be a "deemed" distribution of cash equal to the outstanding
loan balance.

After December 31, 1992, any recipient of an "eligible rollover distribution"
may elect, at the time and in the manner prescribed by the Committee, to have
any portion of that distribution paid directly to any eligible retirement plan
he designates.

         (3) Definitions

                                       41

<PAGE>

                  (a)      "eligible rollover distribution" means any
                           distribution of all or any portion of the balance to
                           the credit of the distributee, except (I) any
                           distribution that is one of a series of substantially
                           equal periodic payments (not less frequently than
                           annually) made for the life (or life expectancy) of
                           the distributee or the joint lives (or joint life
                           expectancies) of the distributee and the
                           distributee's designated beneficiary, or for a
                           specified period of ten (10) years or more (II) any
                           portion of the distribution required to be made under
                           Section 401(a)(9) of the Code, or (III) any hardship
                           distribution described in Section 401(k)(2)(B)(i)(iv)
                           of the Code received after December 31, 1998, or (IV)
                           any portion of the distribution that is not
                           includible in gross income (determined without regard
                           to the exclusion for net unrealized appreciation with
                           respect to employer securities).

                  (b)      "eligible retirement plan" means an individual
                           retirement account described in Section 408(a) of the
                           Code, an individual retirement annuity described in
                           Section 408(b) of the Code, an annuity plan described
                           in Section 403(a) of the Code, (effective for
                           distributions made after December 31, 2001, an
                           annuity contract described in Section 403(b) of the
                           Code, and an eligible plan under Section 457(b) of
                           the Code that is maintained by a state or political
                           subdivision of a state, or any agency or
                           instrumentality of a state or political subdivision
                           of a state and that agrees to separately account for
                           amounts transferred into such plan from this Plan),
                           or a qualified plan and trust described in Section
                           401(a) of the Code, that will accept the
                           distributee's eligible rollover distribution.
                           However, if the eligible rollover distribution is
                           being made to a surviving spouse, an eligible
                           retirement plan is an individual retirement account
                           or individual retirement annuity.

                  (c)      "distributee" means an Associate or former Associate
                           and, with respect to their interests only, the
                           Associate's or former Associate's surviving spouse
                           who is the alternate payee under a qualified domestic
                           relations order, as defined in Section 414(p) of the
                           Code.

                  (d)      "direct rollover" means a payment by the Plan to the
                           eligible retirement plan specified by the
                           distributee.

8.06 REEMPLOYMENT OF A TERMINATED PARTICIPANT

A terminated Participant who terminates employment with the Company or Employer
with less than a one hundred (100%) vested interest in his Matching Contribution
Account and/or Company Profit Sharing Contribution Account, who received a
distribution of his vested interest, and who resumes employment with the

                                       42

<PAGE>

Employer prior to incurring five (5) consecutive one year Breaks in Service, may
repay such distribution from the said Accounts and receive the vested value of
his said Accounts (including previously forfeited amounts) based on his total
years of Vesting Service when he again terminates employment (including Vesting
Service prior to termination). Repayment hereunder must be made by the earlier
of the five 95) years from the date of reemployment or a period of five (5)
consecutive one year Breaks in Service. A Participant who terminated with a zero
percent (0%) vested interest in his Matching Contribution Account and/or Company
Profit Sharing Contribution Account, and who resumes employment with the
Employer prior to incurring five (5) consecutive Breaks in Service, shall
receive the vested value of said Accounts (including previously forfeited
amounts) based on his total years of Vesting Service when he again terminates
employment (including years of Vesting Service prior to termination).

Restoration of forfeited amounts will come from forfeitures in the year in which
the Participant makes repayment under this Section and, to the extent such
forfeitures are not sufficient, from a special Employer contribution.

A terminated Participant who is reemployed and again becomes a Participant after
incurring five (5) or more consecutive one year Breaks in Service shall not be
allowed to repay any amount distributed to him and shall not have any amount
forfeited restored to his Matching Contribution Account and/or Company Profit
Sharing Contribution Account.

8.07 PAYMENTS TO MINORS AND INCOMPETENTS

In case any person entitled to receive payment under the Plan shall be a minor,
the Committee, in its discretion, may dispose of such amount in any one or more
of the following ways:

(a)      By payment thereof directly to such minor;

(b)      By application thereof for benefit of such minor; or

(c)      By payment thereof to either parent of such minor or to any adult
         person with whom such minor may at the time be living or to any person
         who shall legally be qualified and shall be acting as guardian of the
         person or the property of such minor; provided only that the parent or
         adult person to whom any amount shall be paid shall have advised the
         Committee in written affidavit that he will hold or use such amount for
         the benefit of such minor.

In the event that it shall be found that a person entitled to receive payment
under the Plan is physically or mentally incapable of personally receiving and
giving a valid receipt for any payment due (unless prior claim therefore shall
have been made by a duly qualified person or other legal representative), such
payment may be made to the spouse, son, daughter, parent, brother, sister or
other person deemed by the Committee to have incurred expense for such person
otherwise entitled to payment.

                                       43

<PAGE>

8.08 REQUIRED DISTRIBUTIONS FOR ACTIVE PARTICIPANTS

Distributions of an active Participant's Individual Account must commence no
later than (i) the first day of April following the calendar year in which such
individual attains age seventy and one-half (70-1/2), or (ii) the date on which
the Participant terminates employment with the Employer; provided, however, that
(ii) above shall not apply to a Participant who is a five percent (5%) or more
owner. For distributions to a Participant who is a five percent (5%) or more
owner, they shall be made in a lump sum in cash or in kind as of April 1 (for
the initial distribution) and as of each December 1 thereafter.

For a Participant who is not a five percent (5%) or more owner, the Participant
may elect to commence receiving benefits under (i) above in a manner described
in Section 8.05; provided, however, that a Participant may elect to receive the
minimum required distribution as determined under regulations issued by the
Secretary of the Treasury, of his delegate, under (i) above and upon actual
Termination of Employment with the Employer, elect a manner of distribution as
described in Section 8.05. Such election shall be made on a form and in a manner
as prescribed by the Committee.

All distributions required under this Section shall be determined and made in
accordance with the Income Tax Regulations under Section 401(a)(9) of the Code
including the minimum distribution incidental benefit requirements of Section
1.401(a)(9)-2 of said Regulations.

Notwithstanding any provisions of the Plan to the contrary with respect to
distributions under the Plan made for Plan Years beginning on and after January
1, 2002, the Plan shall apply the minimum distribution requirements of Section
401(a)(9) of the Code in accordance with the regulations under Section 401(a)(9)
of the Code as proposed in January 2001. This shall continue in effect until the
last day of the last calendar year beginning before the effective date of the
final regulations under Section 401(a)(9) of the Code, or at such other days as
may be specified in guidance published by the Internal Revenue Service.

8.09 UNCLAIMED BENEFITS

If, after diligent effort, a Participant, spouse or Beneficiary who is entitled
to a distribution cannot be located as of the date such distribution was to
commence, the distributable Individual Account balance shall be forfeited and
used to reduce the Employer's Matching Contributions. Provided, however, that
any such forfeited amounts shall be reinstated and become payable if a claim is
made by the Participant or Beneficiary for such Individual Account. The
Committee shall prescribe uniform and nondiscriminatory rules for implementing
this provision.

                                       44

<PAGE>

8.10 ACCOUNT VALUATION

The Plan and its Investment Funds shall be valued on a daily basis and in a
manner consistent with acceptable practices in the industry.

8.11 TERMINATION OF EMPLOYMENT DUE TO MERGER, CONSOLIDATION, OR SPINOFF

Effective as of December 31, 2001, in the event a Participant in this Plan
terminates employment with the Employer by reason of merger, consolidation or
spinoff of the Employer as an Affiliate of the Company, but continues to work
for the Employer after said merger, consolidation or spinoff, such termination
shall be deemed to be a Termination of Employment for purposes of this Plan.

                                       45

<PAGE>

                                   ARTICLE IX

                                   WITHDRAWALS

9.01 WITHDRAWALS GENERALLY

A Participant may make application to the Committee for withdrawal of all or a
portion of those of his Individual Accounts specified in Section 9.02 or 9.03
without Termination of Employment with the Employer, but only in such amounts
and under such conditions as specified in such Sections. Withdrawals may be made
only in cash.

Notwithstanding the above paragraph, a Participant may withdraw a portion of his
Rollover Account at any time. Such withdrawal shall be limited to the balance in
his Rollover Account as of the Valuation Date immediately preceding the date of
such withdrawal. Any withdrawal from the Participant's Rollover Account will be
made proportionately from the Investment Funds in which his Rollover Account in
invested.

9.02 HARDSHIP WITHDRAWAL

Except as otherwise provided in this Section, upon proper application by a
Participant to the Committee, the Committee in its sole discretion may permit
the Participant to withdraw a portion of the balance of his Salary Deferral
Account, other than Income allocated to such Account, determined as of the
Valuation Date coincident with the date of application.

The reason for such withdrawal must be to enable the Participant to meet unusual
or special situations in his financial affairs resulting in immediate and heavy
financial needs of the Participant. Such situations shall be limited to:

(a)      medical expenses (described in Section 213(d) of the Code) incurred by
         the Participant, the Participant's spouse or any dependents of the
         Participant (as defined in Section 152 of the Code);

(b)      purchase (excluding mortgage payments) of a principal residence for the
         Participant;

(c)      payment of tuition for the next semester or quarter of post-secondary
         education for the Participant, his or her spouse, children, or
         dependents;

(d)      the need to prevent the eviction of the Participant from his principal
         residence or foreclosure on the mortgage of the Participant's principal
         residence; or

                                       46

<PAGE>

(e)      any additional items that may be added to the list of deemed immediate
         and heavy financial needs by the Commissioner of the Internal Revenue
         through publication of rulings, notices, and other documents of general
         applicability.

Any withdrawal hereunder may not exceed the amount required to meet the
immediate financial need created, and provided further that such amount must not
be reasonable available from other resources of the Participant. In granting or
refusing any request for withdrawal or in shortening the notice period, the
Committee shall apply uniform standards consistently and such discretionary
powers shall not be applied so as to discriminate in favor of officers,
stockholders, or Highly Compensated Employees.

The withdrawals under this Section shall in no way affect the Participant's
continued participation in this Plan except by the reduction in account balances
caused by such withdrawals and except as provided below.

If a Participant withdraws Salary Deferral pursuant to the provisions of this
Section, the following shall apply:

(a)      A withdrawal may be made pursuant to this Section only after the
         Participant has obtained all distributions other than hardship
         distributions, including withdrawals available pursuant to Section
         9.01, loans pursuant to Section 9.04, all other nontaxable loans
         available under all other plans maintained by the Employer.

(b)      Salary Deferral under this Plan shall be suspended until the Entry Date
         that is at least twelve (12) months (for hardship withdrawals made
         after December 31, 2001, at least six (6) months) after receipt of the
         withdrawal of Salary Deferral pursuant to this Section.

(c)      The dollar limitation provided for in Section 3.01 for the taxable year
         of the Participant following the taxable year of withdrawal pursuant to
         this Section shall be reduced by the Participant's Salary Deferral and
         other elective contributions for the taxable year of the participant
         during which the withdrawal pursuant to this Section is taken.

Any withdrawal shall be made proportionately from the Investment Funds in which
the Participant's Salary Deferral is invested.

9.03 WITHDRAWALS AFTER AGE 59-1/2

Once the Participant reaches age fifty-nine and one-half (59 1/2) he may apply
for a withdrawal of any portion of the vested balance of his Individual Account.
Any such withdrawal will be made first from the Participant's Rollover Account;
second from his Salary Deferral Account; third, from his Matching Contribution
Account; and, lastly, from his Company Profit Sharing Contribution Account. The
withdrawal from any of these Accounts shall be made proportionately from the
Investment Funds in which such Accounts are invested.

                                       47

<PAGE>

9.04 PARTICIPANT LOANS

The Committee is hereby authorized to establish and administer a loan program
and to establish rules and procedures for such loan program. Such rules, which
are incorporated herein by reference, shall meet all the pertinent requirements
of the Code and ERISA, as amended, and shall be interpreted, wherever possible,
to comply with the terms of said laws, as amended, and all formal regulations
and rulings issued thereunder.

                                       48

<PAGE>

                                    ARTICLE X

                                     FUNDING

10.01 CONTRIBUTIONS

Contributions by the Employer and by the Participants as provided for in Article
III shall be paid over to the Trustee. All contributions by the Employer to the
Fund shall be irrevocable, except as herein provided, and may be used only for
the exclusive benefit of the Participants, Former Participants, and their
Beneficiaries.

10.02 TRUSTEE

The Company has entered into an agreement with the Trustee whereunder the
Trustee will receive, invest and administer as a trust fund contributions made
under this Plan in accordance with the Trust Agreement.

Such Trust Agreement is incorporated by reference as a part of the Plan, and the
rights of all persons hereunder are subject to the terms of the Trust Agreement.
The Trust Agreement specifically provides, among other things, for the
investment and reinvestment of the Fund and the income thereof, the management
of the Fund, the responsibilities and immunities of the Trustee, removal of the
Trustee and appointment of a successor, accounting by the Trustee and the
disbursement of the assets of the Fund.

The Trustee shall, in accordance with the terms of such Trust Agreement, accept
and receive all sums of money paid to it from time to time by the Employer, and
shall hold, invest, reinvest, manage and administer such moneys and the
increment, increase, earnings and income thereof as a trust fund for the
exclusive benefit of the Participants, Former Participants and their
Beneficiaries or the payment of reasonable expenses of administering the Plan.

10.03 FUNDING POLICY

The Committee shall periodically establish and adopt procedures necessary for
implementing a funding policy(ies) by reviewing the recommendations of the
consultants selected by it, if any, and defining the actions necessary to
implement a funding policy complying with Title I, Part 3 of ERISA , as amended.
A written record shall be made of the actions taken to adopt and implement the
funding policy(ies), including the reasons for such decisions.

                                       49

<PAGE>

                                   ARTICLE XI

                                   FIDUCIARIES

11.01 GENERAL

Each Fiduciary who is allocated specific duties or responsibilities under the
Plan or any Fiduciary who assumes such a position with the Plan shall discharge
his duties solely in the interest of the Participants, Former Participants, and
Beneficiaries and for the exclusive purpose of providing such benefits as
stipulated herein to such Participants, Former Participants and Beneficiaries,
or defraying reasonable expenses of administering the Plan. Each Fiduciary, in
carrying out such duties and responsibilities, shall act with the care, skill,
prudence, and diligence under the circumstance then prevailing that a prudent
man acting in a like capacity and familiar with such matters would use in
exercising such authority or duties.

A Fiduciary may serve in more than one Fiduciary capacity and may employ one or
more persons to render advice with regard to his Fiduciary responsibilities. If
the Fiduciary is serving as such without compensation, all expenses reasonably
incurred by such Fiduciary shall be paid from the Fund or, at the Company's
discretion, by the Employer.

A Fiduciary may delegate any of his responsibilities for the operation and
administration of the Plan. In limitation of this right, the Committee may not
allocate any responsibilities as contained herein relating to the management or
control of the Fund except through the employment of an investment manager as
provided in Section 11.03 and in the Trust Agreement relating to the Fund.
However, the Committee may delegate to one or more persons or institutions
certain administrative functions pursuant to a written agreement between said
person(s) and/or institutions and the Committee.

11.02 COMPANY

The Company established and currently maintains this Plan for the exclusive
benefit of its Associates and the Associates of the other Employers and of
necessity retains control of the operation and administration of the Plan. The
Company, in accordance with specific provisions of the Plan, has as herein
indicated, delegated certain of these rights and obligations to the Trustee, and
the Committee and these parties shall be solely responsible for these, and only
these, delegated rights and obligations.

                                       50

<PAGE>

The Employer shall supply such full and timely information for all matters
relating to the Plan as (a) the Committee, (b) the Trustee, and (c) the
accountant engaged on behalf of the Plan by the Company may require for the
effective discharge of their respective duties.

11.03 TRUSTEE

The Trustee shall be retained as a directed Trustee as defined under Section
403(a) of ERISA in accordance with the Trust Agreement, shall have exclusive
authority and discretion to manage and control the Fund, except that the
Committee may in its discretion employ at any time and from time to time an
investment manager (as defined in Section 3(38) of ERISA, as amended) to direct
the Trustee with respect to all or a designated portion of the assets comprising
the Fund.

11.04 ADMINISTRATIVE COMMITTEE

The Board of the Company shall appoint a committee of not less than three (3)
persons to hold office for the pleasure of the Company, such committee to be
known as the Committee. No compensation shall be paid to members of the
Committee from the Fund for service on such Committee. The Committee shall
choose from among its members a chairman and a secretary. Any action of the
Committee shall be determined by the vote of a majority of its members. Either
the chairman or the secretary may execute any certificate or written direction
on behalf of the Committee.

The Committee shall hold meetings upon such notice, as such place and at such
time as the Committee may from time to time determine. Meetings shall be called
by the chairman or any two (2) members of the Committee. A majority of the
members of the Committee at the time in office shall constitute a quorum for the
transaction of business.

In accordance with the provisions hereof, the Committee has been delegated
certain administrative functions relating to the Plan with all powers necessary
to enable it properly to carry out such duties. The Committee shall have no
power in any way to modify, alter, add to or subtract from, any provisions of
the Plan. The Committee shall have the power to construe the Plan and to
determine all questions that may arise thereunder relating to (a) the
eligibility of the individuals to participate in the Plan and, (b) the amount of
benefits to which any Participant, Former Participant or Beneficiary may become
entitled hereunder. All disbursements by the Trustee, except for the ordinary
expenses of administration of the Fund or the reimbursement of reasonable
expenses at the direction of the Company, as provided herein, shall be made
upon, and in accordance with, the written directions of the Committee. When the
Committee is required in the performance of its duties hereunder to administer
or construe, or to reach a determination, under any of the provisions of the
Plan, it shall do so on a uniform, equitable and nondiscriminatory basis.

                                       51

<PAGE>

The Committee shall establish rules and procedures to be followed by the
Participants, Former Participants, and Beneficiaries in filing applications for
benefits and for furnishing and verifying proofs necessary to establish age,
Vesting Service, and any other matters required in order to establish their
rights to benefits in accordance with the Plan. Additionally, the Committee
shall establish accounting procedures for the purpose of making the allocations,
valuations and adjustments to the Participants' accounts. Should the Committee
determine that the strict application of its accounting procedures will not
result in an equitable and nondiscriminatory allocation among the accounts of
Participants, it may modify its procedures for the purpose of achieving an
equitable and nondiscriminatory allocation in accordance with the general
concepts of the Plan, provided however that such adjustments to achieve equity
shall not reduce the vested portion of a Participant's interest.

The Committee may employ such counsel, accountants, and other agents as it shall
deem advisable. The Committee may also engage the services of an Investment
Manager(s) as defined in Section 3(38) of ERISA, each of whom shall have the
power and authority to manage, acquire or dispose (or direct the Trustees with
respect to acquisition or disposition) of any Plan asset under its control. The
Company shall pay, or cause to be paid from the Trust Fund (or from the Employer
is so determined by the Committee), the compensation of such counsel,
accountants, and other agents and any other expenses incurred by the Committee
in the administration of the Plan and Trust.

The Committee shall also have the authority and discretion to engage such
person(s) or institutions to perform, without discretionary authority or
control, certain administrative functions within the framework of policies,
interpretations, rules, practices, and procedures made by the Committee or other
Fiduciary. Any action made or taken by such person(s) or institutions may be
appealed by an affected Participant to the Committee in accordance with the
claims review procedures provided in Section 11.05. Any decisions requiring
interpretation of this Plan's provisions that have not previously been made by
the Committee shall be made only by the Committee.

11.05 CLAIMS PROCEDURES

The Committee shall receive all applications for benefits. Upon receipt by the
Committee of such an application, it shall determine all facts that are
necessary to establish the right of an applicant to benefits under the
provisions of the Plan and the amount thereof as herein provided. Upon request,
the Committee will afford the applicant the right of a hearing with respect to
any finding of fact or determination. The applicant shall be notified in writing
of any adverse decision with respect to his claim within 90 days after its
submission. The notice shall be written in a manner calculated to be understood
by the applicant and shall include:

(a)      The specific reasons(s) for the denial;

                                       52

<PAGE>

(b)      Specific references to the pertinent Plan provisions on which the
         denial is based;

(c)      A description of any additional material or information necessary for
         the applicant to perfect the claim and an explanation of why such
         material or information is necessary; and (d) An explanation of the
         Plan's claim review procedures.

If special circumstances require an extension of time for processing the initial
claim, a written notice of the extension and the reason therefore shall be
furnished to the claimant before the end of the 90 day period. In no event shall
such extension exceed 90 days.

In the event a claim for benefits is denied or if the applicant has had no
response to such claim within 90 days of its submission (in which case the claim
for benefits shall be deemed to have been denied), the applicant or his duly
authorized representative, at the applicant's sole expense, may appeal the
denial to the Committee within 60 days of the receipt of written notice of
denial or 60 days from the date such claim is deemed to be denied. In pursuing
such appeal the applicant or his duly authorized representative:

(a)      May request in writing that the Committee review the denial;

(b)      May review pertinent documents; and

(c)      May submit issues and comments in writing.

The decision on review shall be made within 60 days of receipt of the request
for review, unless special circumstances require an extension of time for
processing, in which case a decision shall be rendered as soon as possible, but
not later than 120 days after receipt of a request for review. If such an
extension of time is required, written notice of the extension shall be
furnished to the claimant before the end of the original 60 day period. The
decision on review shall be made in writing, shall be written in a manner
calculated to be understood by the claimant, and shall include specific
references to the provisions of the Plan on which such denial is based. If the
decision on review is not furnished within the time specified above, the claim
shall be deemed denied on review.

11.06 RECORDS

All acts and determinations of the Committee shall be duly recorded by the
secretary thereof and all such records together with such other documents as may
be necessary in exercising its duties under the Plan shall be preserved in the
custody of such secretary. Such records and documents shall at all times be open
for inspection and for the purpose of making copies by any person designated by
the Company. The Committee shall provide such timely information, resulting from
the application of its responsibilities under the Plan, as needed by the Trustee
and the accountant engaged on behalf of the Plan by the Company, for the
effective discharge of its duties.

                                       53

<PAGE>

                                   ARTICLE XII

                     AMENDMENT AND TERMINATION OF THE PLAN

12.01 AMENDMENT OF THE PLAN

The Company shall have the right at any time by action of the Board to modify,
alter or amend the Plan in whole or in part; provided, however, that the duties,
powers and liability of the Trustee hereunder shall not be increased without its
written consent; and provided, further, that the amount of benefits that, at the
time of any such modification, alteration or amendment, shall have accrued for
any Participant, Former Participant or Beneficiary hereunder shall not be
adversely affected thereby; and provided, further, that no such amendment shall
have the effect of reverting in the Employer any part of the principal or income
of the Fund. No amendment to the Plan shall decrease a participant's account
balance or eliminate an optional form of distribution, except as otherwise
provided by law and this Plan.

12.02 TERMINATION OF THE PLAN

The Company expects to continue the Plan indefinitely, but continuance is not
assumed as a contractual obligation and each Employer reserves the right at any
time by action of its Board to terminate the Plan as applicable to itself. If an
Employer terminates or partially terminates the Plan or permanently discontinues
its contributions at any time, each Participant affected thereby shall be then
vested with the amount to the credit in his Individual Account.

In the event an Employer terminates its participation in the Plan, the Committee
shall value the Fund as of the termination of participation date. That portion
of the Fund applicable to any Employer for which the Plan has not been
terminated shall be unaffected. That portion of the Fund applicable to the
Employer for which the Plan has been terminated will be treated in one of the
following ways, as determined by the Committee:

(a)      The Individual Accounts of the Participants, Former Participants, and
         Beneficiaries shall continue to be administered as a part of the Fund;
         or

(b)      The Individual Accounts of active Participants may be transferred to
         another plan of the Employer who terminated participation in the Plan
         if such Plan is qualified under Section 401(a) of the Code; or

(c)      The Individual Accounts of active Participants may be distributed to
         them in a lump sum if (i) no successor plan is established that is
         qualified under Section

                                       54

<PAGE>

         401(a) of the Code, or (ii) the termination of the Employer in the Plan
         results from the sale of a subsidiary, or a sale of substantially all
         of the Employer's assets used in a trade or business.

12.03 RETURN OF CONTRIBUTIONS

Contributions made to this Plan by the Employer shall be returned to the
Employer under the following circumstances:

(a)      All contributions made to this Plan are conditioned upon the Employer
         obtaining a deduction under Section 404 of the Code in an equal amount
         for the Employer's taxable year ending with or within the Plan Year for
         which the contribution is made. If all or any portion of the Employer's
         contribution is not deductible under Section 404 of the Code for such
         year, the amount so determined to be nondeductible shall be returned to
         the Employer within one year of the disallowance of the deduction by
         the Internal Revenue Service.

(b)      At the direction of the Employer, a contribution made by the Employer
         due to a mistake of fact shall be returned to the Employer if the
         Committee so determines that such mistake existed at the time of the
         contribution, provided that the contribution is returned to the
         Employer within 12 months of the date it was made to the Fund.

(c)      All contributions made to this Plan are conditioned upon initial
         qualification of the Plan under Section 401(a) of the Code, but only if
         the application for qualification is made by the time prescribed by law
         for the filing of the Employer's tax return for the taxable year in
         which the Plan is adopted. If the Plan fails to qualify under Section
         401(a) of the Code, all amounts contributed during the time the Plan
         failed to qualify shall be returned to the Employer within one year
         after the date of the denial of the initial qualification of the Plan
         by the Internal Revenue Service.

                                       55

<PAGE>

                                  ARTICLE XIII

              PROVISIONS RELATIVE TO EMPLOYERS INCLUDED IN THE PLAN

13.01 METHOD OF PARTICIPATION

Any Affiliate, with the approval of the board, by appropriate action of its own
board of directors, may become a party to the Plan, by adopting the Plan for its
Associates. Any Affiliate that becomes a party to the Plan shall thereafter
promptly deliver to the Trustee provided for in Article X hereof a certified
copy of the resolutions or other documents evidencing its adoption of the Plan
or a similar plan and also a written instrument showing the Board's approval of
such Affiliate's becoming a party to the Plan.

13.02 WITHDRAWAL

Any one or more of the Employers included in the Plan may withdraw from the Plan
at any time by giving six months advance notice in writing of its or their
intention to withdraw to the Board and the Committee (unless a shorter notice
shall be agreed to by the Board).

Upon receipt of notice of any such withdrawal, the Committee shall certify to
the Trustee the equitable share of such withdrawing Employer in the Fund, as
applicable, to be determined by the Committee. The Trustee shall thereupon set
aside from the Fund then held by it such securities and other property as it
shall, in its sole discretion, deem to be equal in value to such equitable
share. If the Plan is to be terminated with respect to such Employer, the amount
set aside shall be dealt with in accordance with the provisions of Section
12.02. If the Plan is not to be terminated with respect to such Employer, the
Trustee shall turn over such amount to such trustee as may be designated by such
withdrawing Employer, and such securities and other property shall thereafter be
held and invested as a separate trust, and shall be used and applied according
to the terms of the new agreement and declaration of trust between the Employer
and the trustee so designated.

Neither the segregation of the Fund assets upon the withdrawal of an Employer,
nor the execution of a new agreement and declaration of trust pursuant to any of
the provisions of this Section, shall operate to permit any part or the corpus
or income of the fund to be used for or diverted to purposes other than for the
exclusive benefit of Participants, Former Participants and Beneficiaries.

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                                   ARTICLE XIV

                                  MISCELLANEOUS

14.01 GOVERNING LAW

The Plan shall be construed, regulated and administered according to the laws of
the State of Ohio, except in those areas preempted by the laws of the United
States of America.

14.02 CONSTRUCTION

The headings and subheadings in the Plan have been inserted for convenience of
reference only and shall not affect the construction of the provisions hereof.
In any necessary construction the masculine shall include the feminine and the
singular shall include the plural, and vice versa.

14.03 ADMINISTRATION EXPENSES

The expenses of administering the Fund and the Plan, to the extent provided by
law, shall be paid for from the Fund, unless the Company directs that the
expense (or any part of them) be paid by the Employer. The Trustee, investment
manager and recordkeeper shall receive reasonable compensation as may be agreed
upon from time to time between the Company (or the Committee) and such service
provider(s).

14.04 PARTICIPANT'S RIGHTS

No Participant in the Plan shall acquire any right to be retained in the
Employer's employ by virtue of the Plan, nor upon his dismissal, or upon his
voluntary Termination of Employment, shall he have any right or interest in and
to the Fund other than as specifically provided for herein. The Employer shall
not be liable for the payment of any benefit provided for herein; all benefits
hereunder shall be payable only from the Fund.

14.05 SPENDTHRIFT CLAUSE

To the extent permitted by law, none of the benefits, payments, proceeds, or
distributions under this Plan shall be subject to the claim of any creditor of
the Participant, Former Participant, or any Beneficiary hereunder or to any
legal process

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<PAGE>

by any creditor of such Participant, Former participant, or any such
beneficiary. Neither shall such Participant, Former Participant or any such
Beneficiary have any right to alienate, commute, anticipate, or assign any of
the benefits, payments, proceeds or distributions under this Plan. The preceding
sentence shall also apply to the creation, assignment, or recognition of a right
to any benefit payable with respect to a Participant pursuant to a domestic
relations order, unless such order is determined to be a qualified domestic
relations order, as defined in Section 414(p) of the Code, or any domestic
relations order entered before January 1, 1985, under which payments have
commenced prior to such date. The rights of an "alternate payee" as such term is
defined in Section 414(p) of the Code, with respect to the amount assigned by a
qualified domestic relations order pursuant to the preceding sentence shall be
limited to those provided for in Section 14.11 below.

14.06 MERGER, CONSOLIDATION, OR TRANSFER

In the event of the merger or consolidation of the Plan with another plan or
transfer of assets or liabilities from the Plan to another plan, each then
Participant, Former Participant or Beneficiary shall not, as a result of such
event, be entitled on the day following such merger, consolidation or transfer
under the termination of the Plan provisions to a lesser benefit than the
benefit he was entitled to on the date immediately prior to the merger,
consolidation or transfer if the Plan had then terminated.

14.07 COUNTERPARTS

The Plan and the Trust Agreement may be executed in any number of counterparts,
each of which shall constitute but one and the same instrument and may be
sufficiently evidenced by any one counterpart.

14.08 LIMITATION OF LIABILITY

Neither the Company, any Employer, the Committee members nor any Associate or
director of the Company or any employer shall incur any liability individually
or on behalf of other individuals or on behalf of the Company for any act or
failure to act unless such act or failure to act constitutes a lack of good
faith, willful misconduct or gross negligence in relation to the Plan or Fund.

14.09 INDEMNIFICATION

The Committee members and any Associate, officer, or director of the Company or
any Employer shall be indemnified by the Fund, or at the election of the
Company, by the Company against any and all liabilities arising by reason of any
act or failure to act in relation to the Plan or Fund unless such act or failure
to act is due to his own gross negligence or willful misconduct or lack of good
faith in relation to the Plan or Fund. Such indemnification shall include
without limitation, expenses reasonable incurred in the defense of any claim
relating thereto, attorney and legal

                                       58

<PAGE>

fees and amounts paid in any settlement or compromise; provided, however, that
the foregoing shall be of no force and to the extent that it is not permitted by
applicable law. To the extent the Fund assets are insufficient or if
indemnification is not permitted by applicable law, the Company shall then be
responsible for such indemnification. The indemnification provided by this
Section shall not be deemed exclusive of any other rights to which those
indemnified may be entitled and shall continue as to a person who has ceased to
be a director, officer, member, agent or Associate of the Committee or an
officer, director, or Associate of the Company and shall inure to the benefit of
his heirs and representatives.

14.10 COMPLIANCE WITH EMPLOYEE RETIREMENT INCOME SECURITY ACT (ERISA) OF 1974

Anything herein to the contrary notwithstanding, nothing above or any other
provision contained elsewhere in the Plan shall relieve a Fiduciary or other
person of any responsibility or liability for an responsibility, obligation or
duty imposed upon him pursuant to Title I, Part 4 of ERISA, as amended.
Furthermore, anything in this plan to the contrary notwithstanding, if any
provision of this Plan is voided by Section 410 or 411 of ERISA, such
provision(s) shall be of no force and effect only to the extent that it is
voided by such Section.

14.11 PAYMENT TO ALTERNATE PAYEE

If Section 14.05 applies, the account of the alternate payee shall be
established and administered in the following manner:

(a)      Unless otherwise specified, an account shall be established in the name
         of the alternate payee by transferring the necessary assets from the
         Individual Account of the Participant to the account of the alternate
         payee proportionately from each Investment Fund.

(b)      The account of the alternate payee will share in the allocation of
         adjustments pursuant to Section 7.03.

(c)      The alternate payee shall be eligible to receive benefits from the Plan
         at the same time the Participant would become eligible to receive
         benefits from the Plan pursuant to Article VIII. However, the alternate
         payee may choose to receive an immediate lump sum.

(d)      The alternate payee shall be permitted to make investment elections
         pursuant to Section 5.03.

(e)      The alternate payee shall not be permitted to make any withdrawals or
         loans as provided in Article IX.

14.12 SECURITIES VOTING RIGHTS

With respect to all securities (including Company Stock) held by the Trustee
under the terms of the Plan, voting and all other rights incident thereto shall
be exercised by the Trustee, but only to the extent as specifically directed by
the Committee.

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<PAGE>

14.13 APPROVED ALTERNATIVE METHODS OF WRITTEN ELECTIONS BY PARTICIPANTS

Notwithstanding any provision in this Plan to the contrary, Salary Deferral
arrangements and changes and modifications thereto, investment elections,
changes or transfers, loans, withdrawals, and any other decision or election by
a Participant (or Beneficiary) under this Plan may be accomplished by electronic
or telephonic means that are not otherwise prohibited by law and that are in
accordance with procedures and/or systems approved or arranged by the Committee
or its delegates.

14.14 MISTAKEN CONTRIBUTIONS AND ALLOCATIONS

If, after the Employer's contribution has been made and allocated, it should
appear that, through oversight or a mistake of fact or law, a Participant (or an
Associate who should have been considered a Participant) who should have been
entitled to share in such contribution, receives no allocation or received an
allocation that was less than he should have received, the Company may, at its
election and in lieu of reallocating such contribution, make a special make-up
contribution for the Individual Account of such Participant in an amount
sufficient to provide the same addition to the Individual Account as the
Participant should have received. Similarly, if a Participant received an
allocation that was more than the Participant should have received (or an
Associate was inappropriately included in the Plan), the Company, at its
election, may reallocate such contribution, offset other Company contributions
against such allocation, or use such allocation to pay Plan expenses.

                                       60

<PAGE>

                                   ARTICLE XV

                                 TOP HEAVY PLAN

15.01 REQUIREMENTS

Notwithstanding anything in this Plan to the contrary, if this Plan when
combined with all other plans required to be aggregated pursuant to Section 416
of the Code is deemed to be Top Heavy for any Plan Year, the following shall
apply to such Plan Year and all future Plan Years:

(a)      Regardless of hours worked, each active Participant who is not a Key
         Employee shall be entitled to a minimum allocation of contributions
         (excluding Salary Deferral equal to the lesser if (i) three percent of
         the Participant's Compensation for the Plan Year; or (ii) the highest
         percentage of compensation contributed on behalf of a Key Employee
         (including Salary Deferral contributions).

(b)      The multiplier of 1.25 in Section 7.07 shall be reduced to 1.0 unless
         (i) all plans required or permitted to be aggregated pursuant to
         Section 416 of the Code, when aggregated are 90% or less Top Heavy, and
         (ii) the minimum accrued benefit referenced in Section 15.01(a) above
         is modified by substituting such minimum accrued benefit with the
         applicable minimum accrued benefit as provided in the Big Lots, Inc.
         Amended and Restated Defined Benefit Pension Plan.

Effective for Plan Years beginning after December 31, 2001, the Top Heavy
requirements of Section 416 of the Code and therefore the requirements of this
Article XV shall not apply in any Plan Year beginning on and after January 1,
2002 that meets the requirements of section 401(k)(12) of the Code and matching
contributions that meet the requirements of Section 401(k)(11) of the Code.

                                       61

<PAGE>

                                   ARTICLE XVI

                              ADOPTION OF THE PLAN

As evidence of its adoption of the Plan, the Company has caused this instrument
to be signed by its officers duly authorized, and its corporate seal to be
affixed hereto this 26th day of February, 2002.

ATTEST:                                                           BIG LOTS, INC.

BY: /s/Charles W. Haubiel II                        BY: /s/ Albert J. Bell
    --------------------------                          ------------------------

   Vice President, General

ITS: Counsel and Secretary                          ITS: Vice Chairman

SEAL

                                       62

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