Document:

<PAGE>
                                                                   EXHIBIT 4-233
--------------------------------------------------------------------------------

                               DTE ENERGY COMPANY
                                       AND
                              THE BANK OF NEW YORK
                                     TRUSTEE

                          SIXTH SUPPLEMENTAL INDENTURE
                            DATED AS OF JUNE 25, 2002

                SUPPLEMENTING THE AMENDED AND RESTATED INDENTURE
                            DATED AS OF APRIL 9, 2001

                                  PROVIDING FOR

                           4.60% SENIOR NOTES DUE 2007

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

<PAGE>

         SIXTH SUPPLEMENTAL INDENTURE, dated as of the 25th day of June, 2002
(the "Supplemental Indenture"), between DTE ENERGY COMPANY, a corporation
organized and existing under the laws of the State of Michigan (the "Company"),
and THE BANK OF NEW YORK, a New York banking corporation, having its principal
office in The City of New York, New York, as trustee (the "Trustee");

         WHEREAS, the Company has heretofore executed and delivered to the
Trustee an Amended and Restated Indenture, dated as of April 9, 2001 (the
"Original Indenture"), as amended, supplemented or modified (as so amended,
supplemented or modified, and as supplemented by this Supplemental Indenture,
the "Indenture") providing for the issuance by the Company from time to time of
its debt securities; and

         WHEREAS, the Company now desires to provide for the issuance of a
series of its unsecured, senior debt securities pursuant to the Original
Indenture; and

         WHEREAS, the Company, in the exercise of the power and authority
conferred upon and reserved to it under the provisions of the Original
Indenture, including Section 901 thereof, and pursuant to appropriate
resolutions of the Board of Directors, has duly determined to make, execute and
deliver to the Trustee this Supplemental Indenture to the Original Indenture as
permitted by Section 201 and Section 301 of the Original Indenture in order to
establish the form or terms of, and to provide for the creation and issue of, a
series of its debt securities under the Original Indenture, which shall be known
as the "4.60% Senior Notes due 2007"; and

         WHEREAS, all things necessary to make such debt securities, when
executed by the Company and authenticated and delivered by the Trustee or any
Authenticating Agent and issued upon the terms and subject to the conditions
hereinafter and in the Original Indenture set forth against payment therefor,
the valid, binding and legal obligations of the Company and to make this
Supplemental Indenture a valid, binding and legal agreement of the Company, have
been done;

         NOW, THEREFORE, THIS SUPPLEMENTAL INDENTURE WITNESSETH that, in order
to establish the terms of a series of debt securities, and for and in
consideration of the premises and of the covenants contained in the Original
Indenture and in this Supplemental Indenture and for other good and valuable
consideration the receipt and sufficiency of which are hereby acknowledged, it
is mutually covenanted and agreed as follows:

                                   ARTICLE ONE

                              DEFINITIONS AND OTHER
                        PROVISIONS OF GENERAL APPLICATION

         SECTION 101 Definitions. Unless the context otherwise requires:

         (a) a term defined in the Original Indenture has the same meaning when
used in this Supplemental Indenture, unless otherwise defined herein;

<PAGE>

         (b) a term defined anywhere in this Supplemental Indenture has the same
meaning throughout;

         (c) the singular includes the plural and vice versa;

         (d) headings are for convenience of reference only and do not affect
interpretation;

         (e) the following terms have the meanings given to them in the Purchase
Contract Agreement, a copy of which is attached hereto as Exhibit C: (i)
Clearing Agency Participant; (ii) Collateral Agent; (iii) Custodial Agent; (iv)
Equity Security Units; (v) Pledged Notes; (vi) Purchase Contract; (vii) Purchase
Contract Agent; (viii) Securities Intermediary; (ix) Stock Purchase Date; (x)
Stripped Equity Security Units; and (xi) Underwriting Agreement; and

         (f) the following terms have the meanings given to them in this Section
101(f):

         "Business Day" means any day other than a Saturday or Sunday or any
other day on which banking institutions and trust companies in the State of New
York or at a Place of Payment are authorized or required by law; regulation or
executive order to be closed.

         "Contingent Payment Regulations" has the meaning specified in Section
210(b).

         "Coupon Rate" has the meaning specified in Section 206(a).

         "Failed Remarketing" has the meaning specified in Section 207(b).

         "Global Note" has the meaning specified in Section 205.

         "Interest Payment Date" has the meaning set forth in Section 206(a).

         "Note" or "Notes" has the meaning specified in Section 201.

         "Pledge Agreement" means the Pledge Agreement, dated as of June 25,
2002, among the Company, the Collateral Agent, the Custodial Agent, the
Securities Intermediary, and the Purchase Contract Agent, for itself and as
attorney-in-fact of the holders from time to time of the Equity Security Units
and Stripped Equity Security Units issued pursuant to the Purchase Contract
Agreement, a copy of which is attached hereto as Exhibit B.

         "Purchase Contract Agreement" means the Purchase Contract Agreement,
dated as of June 25, 2002, between the Company and the Purchase Contract Agent.

         "Quotation Agent" means UBS Warburg LLC or Salomon Smith Barney Inc. or
their respective successors or any other primary U.S. government securities
dealer in New York City selected by the Company.

         "Redemption Amount" means, (A) in the case of a Tax Event Redemption
occurring prior to the earlier of a successful remarketing of the Notes and the
Stock Purchase Date, for each Note the product of (i) the principal amount of
such Note and (ii) a fraction whose numerator is the applicable Tax Event
Treasury Portfolio Purchase Price and whose denominator is the aggregate

                                       2
<PAGE>

principal amount of Notes outstanding on the Tax Event Redemption Date
(immediately prior to redemption), and (B) in the case of a Tax Event Redemption
Date occurring on or after the earlier of a successful remarketing of the Notes
and the Stock Purchase Date, for each Note, the principal amount of the Note
(immediately prior to redemption).

         "Redemption Price" means the redemption price per Note equal to the
Redemption Amount plus any accrued and unpaid interest on such Note to the date
of redemption.

         "Regular Record Date" has the meaning specified in Section 206(e).

         "Remarketing Agent" has the meaning specified in Section 207(b).

         "Remarketing Date" means the third Business Day immediately preceding
May 16, 2005.

         "Remarketing Fee" has the meaning specified in Section 207(b).

         "Remarketing Period" means any of the following three Business Day
periods: (i) the Remarketing Date and each of the two immediately succeeding
Business Days; (ii) the three Business Days immediately preceding July 1, 2005;
or (iii) the seventh, sixth and fifth Business Days immediately preceding August
16, 2005.

         "Remarketing Value" means the sum of

                  (i)      the value at the Remarketing Date or any Subsequent
                           Remarketing Date, as the case may be, of U.S.
                           Treasury securities that will pay, on the Business
                           Day immediately preceding the Interest Payment Date
                           falling on the Stock Purchase Date, an amount of cash
                           equal to the aggregate interest payments that are
                           scheduled to be payable on that Interest Payment
                           Date, on (a) the Notes which are included in Equity
                           Security Units and (b) the Separate Notes that are to
                           be remarketed pursuant to Section 4.5(d) of the
                           Pledge Agreement and this Supplemental Indenture,
                           assuming for that purpose that the interest rate on
                           the Notes is equal to the Coupon Rate, and

                  (ii)     the value at the Remarketing Date or the Subsequent
                           Remarketing Date, as the case may be, of U.S.
                           Treasury securities that will pay, on the Business
                           Day immediately preceding the Stock Purchase Date, an
                           amount of cash equal to the principal amount (a) of
                           such Notes that are included in Equity Security Units
                           and (b) the Separate Notes which are to be remarketed
                           pursuant to Section 4.5(d) of the Pledge Agreement
                           and this Supplemental Indenture,

provided that for purposes of clauses (i) and (ii) above, the Remarketing Value
shall be calculated on the assumptions that (x) the U.S. Treasury securities are
highly liquid and mature on or within 35 days prior to the Stock Purchase Date,
as determined in good faith by the Remarketing Agent in a manner intended to
minimize the cash value of the U.S. Treasury securities, and (y) the U.S.
Treasury securities are valued based on the ask-side price of the U.S. Treasury
securities at a time between 9:00 a.m. and 11:00 a.m., New York City time,
selected by

                                       3
<PAGE>

the Remarketing Agent, on the Remarketing Date or any Subsequent Remarketing
Date, as the case may be, as determined on a third-day settlement basis by a
reasonable and customary means selected in good faith by the Remarketing Agent,
plus accrued interest to that date.

         "Reset Effective Date" means (i) May 16, 2005, in case the Notes are
successfully remarketed on the third Business Day immediately preceding May 16,
2005, (ii) the third Business Day following a Subsequent Remarketing Date in the
event that the Notes are successfully remarketed on a Subsequent Remarketing
Date or (iii) in the event that there is a Last Failed Remarketing on the fifth
Business Day immediately preceding the Stock Purchase Date, August 16, 2005.

         "Reset Rate" has the meaning set forth in Section 207(b); provided
that, in the event of a last Failed Remarketing on the fifth Business Day
immediately preceding the Stock Purchase Date the Reset Rate shall be the rate
determined pursuant to the provisions of Section 207(e).

         "Separate Notes" has the meaning specified in Section 207(a).

         "Subsequent Remarketing Date" means, provided there has been one or
more Failed Remarketings, the date on which the Remarketing Agent has
consummated a successful remarketing in accordance with Section 5.4 of the
Purchase Contract Agreement, such date to be no later than the fifth Business
Day immediately preceding the Stock Purchase Date.

         "Tax Event" means the receipt by the Company of an opinion of
nationally recognized tax counsel experienced in such matters to the effect that
there is more than an insubstantial risk that interest payable by the Company on
the Notes on the next Interest Payment Date would not be deductible, in whole or
in part, by the Company for United States federal income tax purposes, as a
result of (i) any amendment to, or change (including any announced proposed
change) in, the laws (or any regulations thereunder) of the United States or any
political subdivision or taxing authority thereof or therein affecting taxation,
(ii) any amendment to or change in an official interpretation or application of
such laws or regulations by any legislative body, court, governmental agency or
regulatory authority or (iii) any official interpretation or pronouncement that
provides for a position with respect to any such laws or regulations that
differs from the generally accepted position on June 19, 2002, which amendment,
change, or proposed change is effective or which interpretation or pronouncement
is announced on or after June 19, 2002.

         "Tax Event Treasury Portfolio" means a portfolio of principal or
interest strips of U.S. Treasury Securities that mature on (i) the Business Day
immediately preceding the Stock Purchase Date in an aggregate amount equal to
the aggregate principal amount of the Notes included in the Equity Security
Units on the Tax Event Redemption Date (immediately prior to redemption) and
(ii) with respect to each scheduled Interest Payment Date on the Notes that
occurs after the Tax Event Redemption Date and on or before the Stock Purchase
Date, interest or principal strips of U.S. Treasury Securities that mature on
the Business Day immediately preceding such Interest Payment Date in an
aggregate amount equal to the aggregate interest payment that would be due on
the aggregate principal amount of the Notes outstanding on the Tax Event
Redemption Date (immediately prior to the redemption).

                                       4
<PAGE>

         "Tax Event Treasury Portfolio Purchase Price" means the lowest
aggregate price quoted by a primary U.S. government securities dealer in New
York City to the Quotation Agent on the third Business Day immediately preceding
the Tax Event Redemption Date for the purchase of the Treasury Portfolio for
settlement on the Tax Event Redemption Date.

         "Tax Event Redemption" means, if a Tax Event shall occur and be
continuing, the redemption of the Notes, at the option of the Company, in whole
but not in part, on not less than 30 days nor more than 60 days' written notice.

         "Tax Event Redemption Date" means the date upon which a Tax Event
Redemption is to occur.

         "Treasury Portfolio" has the meaning specified in Section 207(b).

         SECTION 102 Section References. Each reference to a particular section
set forth in this Supplemental Indenture shall, unless the context otherwise
requires, refer to this Supplemental Indenture.

                                   ARTICLE TWO

                        TITLE AND TERMS OF THE SECURITIES

         SECTION 201 Title of the Securities; Stated Maturity. This Supplemental
Indenture hereby establishes a separate series of Securities, which shall be
known as the Company's "4.60% Senior Notes due 2007" (the "Notes"). For purposes
of the Original Indenture, the Notes shall constitute a single series of
Securities. The Stated Maturity on which the principal of the Notes shall be due
and payable will be August 16, 2007.

         SECTION 202 Rank. The Notes shall rank equally with all other unsecured
and unsubordinated indebtedness of the Company from time to time outstanding.

         SECTION 203 Variations from the Original Indenture. Section 1009 of the
Original Indenture shall be applicable to the Notes. Section 403(2) and Section
403(3) of the Original Indenture shall be applicable to the Notes; the Company's
obligations under Section 1009 of the Original Indenture, without limitation,
shall be subject to defeasance in accordance with Section 403(3) of the Original
Indenture.

         SECTION 204 Amount.

         (a) The aggregate principal amount of Notes that may be issued under
this Supplemental Indenture is limited (except as provided in Section 301(2) of
the Original Indenture) initially to $150,000,000 (or, $172,500,000, if the
underwriters' over-allotment option pursuant to the Underwriting Agreement is
exercised in full); provided, that the Company may, without the consent of the
Holders of the Outstanding Notes, "reopen" the Notes so as to increase the
aggregate principal amount of such Notes Outstanding in compliance with the
procedures set forth in the Original Indenture, including Section 301 and
Section 303 thereof, so long as any such additional Notes have the same tenor
and terms (including, without limitation, rights to

                                       5
<PAGE>

receive accrued and unpaid interest) as the Notes then Outstanding. No
additional Notes may be issued if an Event of Default has occurred with respect
to the series of Notes.

         SECTION 205 Form and Denominations of Securities.

         (a) Except as provided in Section 205(b), the Notes shall be issuable
only in certificated, fully registered form and, as permitted by Section 301 and
Section 302 of the Original Indenture, in denominations of $25 and integral
multiples thereof. The entire principal amount of the Notes shall initially be
evidenced by one or more certificates issued to The Bank of New York, as
Purchase Contract Agent pursuant to the Purchase Contract Agreement.

         (b) Separate Notes shall be issued in the form of one or more global
certificates (the "Global Notes") under a book-entry system, registered in the
name of The Depository Trust Company, as depositary ("DTC"), or its nominee,
which is hereby designated as "U.S. Depositary" and "Depositary" under the
Indenture for the Global Notes. Each such certificated Note and Global Note
shall represent such aggregate principal amount of the Outstanding Notes as
shall be from time to time endorsed thereon, which principal amounts may be
increased or decreased, as applicable, to reflect, in connection with the
creation of Stripped Equity Security Units and the recreation of Equity Security
Units, transfers between Pledged Notes and Separate Notes. Any such increase or
decrease in the aggregate principal amount of (i) certificated Notes shall be
made by the Collateral Agent and (ii) Global Notes shall be made by the Trustee,
as custodian of the Global Notes, in each case upon the instructions of the
Collateral Agent given pursuant to Article IV of the Pledge Agreement.

         (c) Further to Section 305 of the Original Indenture, any Global Note
shall be exchangeable for certificated Notes without coupons registered in the
name of, and a transfer of a Global Note may be registered to, any Person other
than the Depositary for such Note or its nominee only (x) as provided in Section
205(b) or if (y) (i) such Depositary notifies the Company that it is unwilling
or unable to continue as Depositary for such Global Note and no successor
Depositary has been appointed within 90 days after this notice, (ii) the
Depositary at any time ceases to be a Depositary registered under the Exchange
Act at which time the Depositary is required to be so registered to act as the
Depositary and no successor Depositary has been appointed within 90 days after
the Company learns that the Depositary has ceased to be so registered, (iii) the
Company determines in its sole discretion that it will no longer have the Notes
represented by Global Notes or permit any of the Global Note certificates to be
so exchangeable or (iv) an Event of Default with respect to the Notes under the
Indenture has occurred and is continuing. Upon the occurrence in respect of any
Global Note of any or more of the conditions specified in clause (y) (i), (ii),
(iii) or (iv) of the preceding sentence, the Company will execute, and subject
to Article Three of the Original Indenture, the Trustee, upon written notice
from the Company, will authenticate and deliver the Notes in definitive
registered form without coupons, in authorized denominations in exchange for
such Global Note or applicable portion thereof. Upon exchange of a Global Note
as a whole for Notes in definitive registered form without coupons, in
authorized denominations, the Global Note shall be cancelled by the Trustee.
Such Notes in definitive registered form issued in exchange for the Global Note
shall be registered in such names and in such authorized denominations and
delivered as the Depositary, pursuant to instructions from its direct or
indirect participants or otherwise, shall instruct the Trustee.

                                       6
<PAGE>

         SECTION 206 Interest.

         (a) Each Note will bear interest initially at the rate of 4.60% per
year (the "Coupon Rate") from and including June 25, 2002 through and including
the day immediately preceding the Reset Effective Date and at the Reset Rate
thereafter until the principal thereof is paid or duly made available for
payment and shall bear interest, to the extent permitted by law, compounded
quarterly, on any overdue principal and premium, if any, and on any overdue
installment of interest at the Coupon Rate through and including the day
immediately preceding the Reset Effective Date and at the Reset Rate thereafter,
payable quarterly in arrears on February 16, May 16, August 16 and November 16
of each year (each, an "Interest Payment Date") commencing on August 16, 2002.
The interest installment so payable, and punctually paid or duly provided for,
on any Interest Payment Date with respect to any Note will, as provided in the
Original Indenture, be paid to the person in whose name the Note (or one or more
Predecessor Securities) is registered at the close of business on the relevant
record date for such interest installment, which shall be the close of business
on the first day of the month (whether or not a Business Day) in which such
Interest Payment Date falls (the "Regular Record Date"). Any such interest
installment not punctually paid or duly provided for shall forthwith cease to be
payable to the registered Holders on such Regular Record Date, and may either be
paid to the person in whose name the Note (or one or more Predecessor
Securities) is registered at the close of business on a Special Record Date to
be fixed by the Trustee for the payment of such defaulted interest, notice
whereof shall be given to the registered Holders of the applicable series of
Notes not less than ten days prior to such Special Record Date, or may be paid
at any time in any other lawful manner not inconsistent with the requirements of
any securities exchange on which the Notes may be listed, and upon such notice
as may be required by such exchange, all as more fully provided in the Original
Indenture.

         (b) The amount of interest payable for any period will be computed (i)
for any full quarterly period on the basis of a 360-day year of twelve 30-day
months and (ii) for any period shorter than a full quarterly period, on the
basis of a 30-day month and, for periods of less than a month, on the basis of
the actual number of days elapsed per 30-day month. If any Interest Payment
Date, redemption date or other date of Maturity of the Notes is not a Business
Day, the payment of the interest payable on that date will be made on the next
day that is a Business Day, without any interest or other payment in respect of
the delay, except that if the next Business Day is in the next calendar year,
then the payment will be made on the immediately preceding Business Day, in each
case with the same force and effect as if made on the scheduled payment date.

         (c) The principal of, and premium, if any, and the interest on the
Notes shall be payable at the office or agency of the Company maintained for
that purpose in the Borough of Manhattan, The City of New York, in any coin or
currency of the United States of America which at the time of payment is legal
tender for payment of public and private debts; provided, however, that payment
of interest may be made at the option of the Company by check mailed to the
registered Holder at the close of business on the Regular Record Date at such
address as shall appear in the Security Register or by wire transfer to the
account designated to the Trustee by a prior written notice by such Holder
delivered at least ten Business Days prior to the applicable Interest Payment
Date.

                                       7
<PAGE>

         SECTION 207 Remarketing and Reset Rate.

         (a) The interest rate on the Notes will be reset on the Remarketing
Date to the applicable Reset Rate. In the event of a failed remarketing on the
Remarketing Date, the interest rate on the Notes will be reset on a Subsequent
Remarketing Date. In the event that there is a Last Failed Remarketing on the
fifth Business Day immediately preceding August 16, 2005, the interest rate on
the Notes will be reset in accordance with the provisions of Section 207(e).

         (b) The Company shall engage a nationally recognized investment bank
(the "Remarketing Agent") pursuant to the Remarketing Agreement to be mutually
agreed on by the Company, the Agent and the Remarketing Agent, but substantially
as set forth in Exhibit D hereto, to sell the Notes of holders of Equity
Security Units and of Holders of Notes that are not held as part of the Equity
Security Units ("Separate Notes") that have elected to participate in the
remarketing pursuant to the procedures set forth in Section 207(c). On the
seventh Business Day immediately preceding the first Business Day of any
Remarketing Period, the Remarketing Agent shall give Holders of Separate Notes
notice of the remarketing by means of a release on Bloomberg and Reuters
newswire or any successor(s) to such service(s). Pursuant to the terms of the
Purchase Contract Agreement, the Purchase Contract Agent shall notify, by 10:00
a.m., New York City time, on the third Business Day preceding the first Business
Day of any Remarketing Period, the Remarketing Agent and the Collateral Agent of
the aggregate number of Notes of Equity Security Unit holders to be remarketed.
Pursuant to the terms of the Purchase Contract Agreement, on the third Business
Day immediately preceding the first Business Day of any Remarketing Period, no
later than by 10:00 a.m. New York City time, pursuant to the terms of the Pledge
Agreement, the Custodial Agent will notify the Remarketing Agent of the
aggregate number of Separate Notes to be remarketed. On the third Business Day
immediately preceding the first Business Day of any Remarketing Period, the
Collateral Agent and the Custodial Agent, pursuant to the terms of the Pledge
Agreement, will deliver for remarketing to the Remarketing Agent all Notes to be
remarketed. Pursuant to the terms of the Remarketing Agreement, upon receipt of
such notice from the Custodial Agent and such Notes from the Collateral Agent
and the Custodial Agent, the Remarketing Agent will, on the Remarketing Date and
on any Subsequent Remarketing Date in accordance with the provisions of Section
207(b)(ii), use its commercially reasonable best efforts to (x) establish a rate
of interest that, in the opinion of the Remarketing Agent, will, when applied to
the Notes included in the remarketing, enable the then current aggregate market
value of the Notes to have a value equal to approximately, but not less than,
100.50% of the Remarketing Value as of the Remarketing Date or as of any
Subsequent Remarketing Date, as the case may be (the "Reset Rate") and (y) sell
such Notes on such date at a price equal to approximately, but not less than,
100.50% of the Remarketing Value. Pursuant to the terms of the Remarketing
Agreement, the Remarketing Agent will deduct as a remarketing fee an amount not
exceeding 25 basis points (0.25%) of the total proceeds from the remarketing
(the "Remarketing Fee"). Pursuant to the terms of the Remarketing Agreement, the
Remarketing Agent will use the remaining proceeds from the successful
remarketing to purchase the appropriate U.S. Treasury securities (the "Treasury
Portfolio") (with the CUSIP numbers, if any, selected by the Remarketing Agent)
described in clauses (i) and (ii) of the definition of Remarketing Value related
to the Notes of holders of Equity Security Units that were remarketed. Pursuant
to the terms of the Purchase Contract Agreement, on or prior to the third
Business Day following the Remarketing Date (or in the event

                                       8
<PAGE>

that the Notes are not successfully remarketed on the Remarketing Date, on or
prior to the third Business Day immediately following the applicable Subsequent
Remarketing Date), the Remarketing Agent shall deliver such Treasury Portfolio
to the Purchase Contract Agent, which shall thereupon deliver such Treasury
Portfolio to the Collateral Agent. The Collateral Agent, for the benefit of the
Company, will thereupon apply such Treasury Portfolio, in accordance with the
Pledge Agreement, to secure such holders' obligations under the Purchase
Contracts. Pursuant to the terms of the Purchase Contract Agreement, the
Remarketing Agent will remit (1) the portion of the proceeds from the
remarketing attributable to the Separate Notes to the Holders of Separate Notes
that were remarketed and (2) the remaining portion of the proceeds, less those
proceeds used to purchase the Treasury Portfolio, to the holders of the Equity
Security Units that were remarketed, all determined on a pro rata basis, in each
case, net of the remarketing fee, on or prior to the third Business Day
following the Remarketing Date (or in the event that the Notes are not
successfully remarketed on the Remarketing Date, on or prior to the third
Business Day immediately following the applicable Subsequent Remarketing Date
for a successful remarketing). Holders whose Notes are so remarketed will not
otherwise be responsible for the payment of any Remarketing Fee in connection
therewith.

                  Pursuant to the terms of the Remarketing Agreement, if, in
spite of using its commercially reasonable best efforts, the Remarketing Agent
cannot establish the Reset Rate and remarket the Notes included in the
remarketing at a price equal to approximately, but not less than, 100.50% of the
Remarketing Value on the Remarketing Date, the Remarketing Agent will attempt to
again establish the Reset Rate and remarket the Notes included in the
remarketing at a price equal to approximately, but not less than, 100.50% of the
Remarketing Value on each of the two immediately following Business Days.
Pursuant to the terms of the Remarketing Agreement, if the Remarketing Agent
cannot remarket the Notes included in the remarketing at a price equal to
approximately, but not less than, 100.50% of the Remarketing Value on either of
those days, it will attempt to establish the Reset Rate and remarket the Notes
included in the remarketing at a price equal to approximately, but not less
than, 100.50% of the Remarketing Value on each of the three Business Days
immediately preceding July 1, 2005. Pursuant to the terms of the Remarketing
Agreement, if the Remarketing Agent cannot establish the Reset Rate and remarket
the Notes included in the remarketing at a price equal to approximately, but not
less than, 100.50% of the Remarketing Value on any of the three Business Days
immediately preceding July 1, 2005, the Remarketing Agent will further attempt
to establish the Reset Rate and remarket the Notes included in the remarketing
at a price equal to approximately, but not less than, 100.50% of the Remarketing
Value on each of the seventh, sixth and fifth Business Days immediately
preceding the Stock Purchase Date. If the Remarketing Agent cannot establish the
Reset Rate and remarket the Notes included in the remarketing at a price equal
to approximately, but not less than, 100.50% of the Remarketing Value on any of
the Remarketing Date or the two Business Days immediately following the
Remarketing Date, on any of the three Business Days immediately preceding July
1, 2005 or on the seventh or sixth or fifth Business Day immediately preceding
the Stock Purchase Date, the remarketing on each such date will be deemed to
have failed (each, a "Failed Remarketing"). In addition, if, in spite of using
its commercially reasonable best efforts, the Remarketing Agent fails to
remarket the Notes included in the remarketing at 100.50% of the Remarketing
Value in accordance with the terms of the Pledge Agreement by 4:00 p.m., New
York City time, on the last Business Day in a Remarketing Period,

                                       9
<PAGE>

a "Last Failed Remarketing" will be deemed to have occurred for that Remarketing
Period. Pursuant to the terms of the Remarketing Agreement, within three
Business Days following the date of any Last Failed Remarketing, the Remarketing
Agent shall return any Notes delivered to it to the Collateral Agent, whether in
its role as such or as Custodial Agent. In the event of a Last Failed
Remarketing on the fifth Business Day immediately preceding the Stock Purchase
Date, (1) the Reset Rate on the Notes will be determined as set forth in Section
207(e) and (2) an event of default shall be deemed to have occurred under the
Purchase Contract Agreement and the Pledge Agreement and in accordance with the
terms of the Pledge Agreement, the Collateral Agent, for the benefit of the
Company, shall, in respect of the Notes comprising components of Equity Security
Units, exercise its rights as a secured party with respect to such Notes,
including those actions specified in Section 207(b)(iii); provided, that if upon
a Last Failed Remarketing on the fifth Business Day immediately preceding the
Stock Purchase Date, the Collateral Agent delivers a Note to the Company in full
satisfaction of the Equity Security Unit holder's obligation under the related
Purchase Contract, any accrued and unpaid interest on such Note will become
payable by the Company to the Purchase Contract Agent for payment to the holder
of the Equity Security Units to which such Note relates. Such payment will be
made by the Company on or prior to 11:00 a.m., New York City time, on the Stock
Purchase Date in lawful money of the United States of America by certified or
cashier's check or wire transfer in immediately available funds payable to or
upon the order of the Purchase Contract Agent. Pursuant to the terms of the
Purchase Contract Agreement, the Company will cause a notice of any Last Failed
Remarketing to be released by means of Bloomberg and Reuters newswire or any
successor(s) to such service(s). In addition, the Company will request, not
later than seven nor more than 15 calendar days prior to any Remarketing Period,
that the Depositary notify its participants holding Notes of the remarketing.

                  With respect to any Notes that constitute part of Equity
Security Units that are subject to a Last Failed Remarketing on the fifth
Business Day immediately preceding the Stock Purchase Date, the Collateral Agent
for the benefit of the Company reserves all of its rights as a secured party
with respect thereto and, subject to applicable law and Section 5.4(e) of the
Purchase Contract Agreement, may, among other things, permit the Company to
cause the Notes to be sold or to retain and cancel such Notes, in either case,
in full satisfaction of the Equity Security Unit holders' obligations under the
Purchase Contracts.

                  The right of each Holder of Pledged Notes or Separate Notes to
have Notes included in any remarketing shall be limited to the extent that (i)
the Remarketing Agent conducts a remarketing on the Remarketing Date or on any
Subsequent Remarketing Date, as the case may be, pursuant to the terms of the
Remarketing Agreement, (ii) the Notes included in a remarketing have not been
called for redemption, (iii) the Remarketing Agent is able to find a purchaser
or purchasers for the Notes included in a remarketing at a Reset Rate such that
the then current aggregate market value of the Notes is equal to approximately,
but not less than, 100.50% of the Remarketing Value, and (iv) such purchaser or
purchasers deliver the purchase price therefor to the Remarketing Agent as and
when required.

         In accordance with the Depositary's normal procedures, the transactions
described above with respect to each Note tendered for purchase and sold in any
successful remarketing shall be executed through the Depositary, and the
accounts of the respective Clearing Agency Participants

                                       10
<PAGE>

shall be debited and credited and such Notes delivered by book entry as
necessary to effect purchases and sales of such Notes. The Depositary shall make
payment in accordance with its normal procedures.

         If any Holder selling Notes in any successful remarketing fails to
deliver such Notes, the Clearing Agency Participant of such selling Holder and
of any other Person that was to have purchased Notes in such successful
remarketing may deliver to any such other Person an aggregate principal amount
of Notes that is less than the aggregate principal amount of Notes that
otherwise was to be purchased by such Person. In such event, the aggregate
principal amount of Notes to be so delivered shall be determined by such
Clearing Agency Participant, and delivery of such lesser aggregate principal
amount of Notes shall constitute good delivery.

         The Remarketing Agent is not obligated to purchase any Notes in any
remarketing or otherwise. Neither the Trustee, the Company nor the Remarketing
Agent shall be obligated in any case to provide funds to make payment upon
tender of Notes for remarketing.

         The tender and settlement procedures set forth in this Section 207(b),
including provisions for payment by purchasers of Notes in any successful
remarketing, shall be subject to modification, notwithstanding any provision to
the contrary set forth herein, to the extent required by the Depositary or if
the book-entry system is no longer available for the Notes at the time of any
successful remarketing, to facilitate the tendering and remarketing of Notes in
certificated form. In addition, the Remarketing Agent may, notwithstanding any
provision to the contrary set forth herein, modify the settlement procedures set
forth herein in order to facilitate the settlement process.

         (c) Prior to 11:00 a.m., New York City time, on the fourth Business Day
immediately preceding the first Business Day of a remarketing period, Holders of
Separate Notes may elect to have their Notes participate in the remarketing by
delivering their Notes along with a notice of such election (substantially in
the form of Exhibit C to the Pledge Agreement) to the Collateral Agent (in its
capacity as Custodial Agent). The Collateral Agent (in its capacity as Custodial
Agent) will hold these Notes separately from the collateral account in which the
securities pledged to secure the Holders' obligations under the Purchase
Contracts will be held. Holders of Separate Notes electing to have their Notes
remarketed will also have the right to withdraw that election on or prior to the
fifth Business Day immediately preceding the first day of the relevant
remarketing period by delivering a notice of such election (substantially in the
form of Exhibit D to the Pledge Agreement) to the Collateral Agent (in its
capacity as Custodial Agent).

         (d) In the event that the Reset Rate is established on a Remarketing
Date or a Subsequent Remarketing Date, the Remarketing Agent will advise the
Depositary, the Trustee and the Company of the Reset Rate by approximately 4:30
p.m., New York City time, on such date. The Company will, on the second Business
Day immediately preceding the Reset Effective Date or as soon as is practicable
thereafter, cause a notice of the Reset Rate applicable to the Notes to be
released by such date by means of Bloomberg and Reuters newswire or any
successor(s) to such service(s). In addition, the Company shall request that the
Depositary notify its participants holding Notes of the Reset Rate.

                                       11
<PAGE>

         (e) In the event of a Last Failed Remarketing on the fifth Business Day
immediately preceding the Stock Purchase Date, the Reset Rate shall be
determined as follows. In accordance with the provisions of the Remarketing
Agreement, the Remarketing Agent shall establish the Reset Rate by taking the
average of the interest rates quoted to it by three nationally recognized
investment banks selected by the Company, which are underwriters or dealers in
debt securities similar to the Notes, that in its judgment reflect an accurate
market rate of interest applicable to the Notes at that time. Following receipt
of these quotes, the Remarketing Agent will have the right, in its sole
judgment, to either recalculate the average based on only two of the quoted
interest rates if one of the three quotes, in the Remarketing Agent's sole
discretion, does not reflect market conditions or, alternatively, determine a
consensus among the investment banks rather than a strict mathematical average
by taking into account relevant qualitative and quantitative factors. These
factors may include, but shall not be limited to, maturity of the Notes, the
Company's credit rating and the Company's credit risk and the credit rating and
credit risk of companies in similar industries, the then yield to maturity of
the Notes and the state of the market for primary and secondary sales of similar
debt securities. If for whatever reason the Remarketing Agent is unable to
establish the Reset Rate in accordance with the foregoing procedures, the Reset
Rate shall be rate of interest payable on the Notes on their original date of
issue.

         In accordance with the provisions of the Remarketing Agreement, the
Remarketing Agent will advise the Depositary, the Trustee and the Company of the
Reset Rate by approximately 4:30 p.m., New York City time, on August 16, 2005.
The Company shall, on the following Business Day or as soon as is practicable
thereafter, cause a notice of the Reset Rate to be released by such date by
means of Bloomberg and Reuters newswire or any successor(s) to such service(s).
In addition, the Company shall request that the Depositary notify its
participants holding Notes of the Reset Rate.

         (f) The Reset Rate established pursuant to the terms of this Section
207 shall be effective as of the Reset Effective Date.

         SECTION 208 Redemption.

         The Notes are not subject to repayment at the option of the Holders
thereof. If a Tax Event shall occur and be continuing, the Company may, at its
option, redeem the Notes, in whole but not in part, at any time at a price per
Note equal to the Redemption Price. Installments of interest on Notes which are
due and payable on or prior to the Tax Event Redemption Date will be payable to
Holders of the Notes registered as such at the close of business on the relevant
Regular Record Dates. If, following the occurrence of a Tax Event prior to the
earlier of (i) a successful remarketing of the Notes pursuant to the Remarketing
Agreement or (ii) the Stock Purchase Date, the Company exercises its option to
redeem the Notes, the Company shall appoint the Quotation Agent to assemble the
Tax Event Treasury Portfolio.

         Notice of any redemption will be mailed at least 30 days but not more
than 60 days before the Tax Event Redemption Date to each registered Holder of
Notes to be redeemed at its registered address. Payment of the Redemption Price
to each Holder of Notes shall be made by the Company no later than 10:00 a.m.,
New York City time, on the Tax Event Redemption Date,

                                       12
<PAGE>

by check or wire transfer in immediately available funds at such place and to
such account as may be designated by each such Holder of Notes, including the
Custodial Agent or the Collateral Agent, as the case may be. Unless the Company
defaults in payment of the Redemption Price, on and after the Tax Event
Redemption Date interest shall cease to accrue on the Notes. In the event any
Notes are called for a Tax Event Redemption, on and after the date notice is
given or deemed given in accordance with the Original Indenture, neither the
Company nor the Trustee will be required to register the transfer of or exchange
the Notes to be redeemed.

         Except as modified hereby or in the form of the Notes, redemptions
shall be effected in accordance with Article Eleven of the Original Indenture.

         SECTION 209 Sinking Fund. The Notes are not subject to any sinking
fund.

         SECTION 210 Other Provisions.

         (a) Each Note will initially be pledged to secure the Holder's
obligations under the Purchase Contract, pursuant to the terms and conditions
set forth in the Pledge Agreement.

         (b) The Company agrees, and by acceptance of a beneficial ownership
interest in the Notes, each beneficial owner of Notes will be deemed to have
agreed (1) to treat the acquisition of an Equity Security Unit as the
acquisition of the Note and the Purchase Contract constituting the Equity
Security Unit and to allocate the purchase price of the Equity Security Unit
between the Note and the Purchase Contract in an amount equal to $25 and $0,
respectively, (2) to treat the Notes as indebtedness of the Company for all tax
purposes, (3) to treat the Notes as indebtedness that is subject to Treas. Reg.
Sec. 1.1275-4 (the "Contingent Payment Regulations") for United States federal
income tax purposes, (4) to be bound by the Company's determination of the
"comparable yield" and "projected payment schedule," within the meaning of the
Contingent Payment Regulations, with respect to the Notes for United States
federal income tax purposes and (5) to treat each Note and each Purchase
Contract constituting the Equity Security Unit as separate financial instruments
for all tax purposes. A Holder of Notes may obtain the amount of original issue
discount, issue date, yield to maturity, comparable yield and projected payment
schedule by submitting a written request for it to the Company at the following
address: DTE Energy Company, 2000 2nd Avenue, 850 WCB, Detroit, Michigan
48226-1279, Attn: Assistant Treasurer.

         (c) The Notes shall have such other terms and provisions as are set
forth in the form of Note attached hereto as Exhibit A (which is incorporated by
reference in and made a part of this Supplemental Indenture as if set forth in
full at this place).

         SECTION 211 Form of Notes. Attached hereto as Exhibit A is the form of
the Notes.

                                  ARTICLE THREE

                            MISCELLANEOUS PROVISIONS

         The Trustee makes no undertaking or representations in respect of, and
shall not be responsible in any manner whatsoever for and in respect of, the
validity or sufficiency of this

                                       13
<PAGE>

Supplemental Indenture or the proper authorization or the due execution hereof
by the Company or for or in respect of the recitals and statements contained
herein, all of which recitals and statements are made solely by the Company.

         Except as expressly amended hereby, the Original Indenture shall
continue in full force and effect in accordance with the provisions thereof and
the Original Indenture is in all respects hereby ratified and confirmed. This
Supplemental Indenture and all its provisions shall be deemed a part of the
Original Indenture in the manner and to the extent herein and therein provided.

         This Supplemental Indenture shall be governed by, and construed in
accordance with, the laws of the State of New York.

         This Supplemental Indenture may be executed in any number of
counterparts, each of which so executed shall be deemed to be an original, but
all such counterparts shall together constitute but one and the same instrument.

                                       14

<PAGE>

         IN WITNESS WHEREOF, the parties hereto have caused this Supplemental
Indenture to be duly executed, all as of the day and year first above written.

                                            DTE ENERGY COMPANY

                                            By:  ____________________________
                                                 Name:  D.R. Murphy
                                                 Title:    Assistant Treasurer

                                            THE BANK OF NEW YORK

                                            By:  __________________________
                                                 Name:
                                                 Title:

                                       15

<PAGE>

                                                                     EXHIBIT A

                                  FORM OF NOTE

[Include in Global Notes only: THIS NOTE IS A GLOBAL NOTE WITHIN THE MEANING OF
THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A
DEPOSITARY OR A NOMINEE OF A DEPOSITARY. UNLESS AND UNTIL IT IS EXCHANGED IN
WHOLE OR IN PART FOR NOTES IN CERTIFICATED FORM, THIS NOTE MAY NOT BE
TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITORY TRUST COMPANY ("DTC"), TO A
NOMINEE OF DTC OR BY DTC OR ANY SUCH NOMINEE TO A SUCCESSOR OF DTC OR A NOMINEE
OF SUCH SUCCESSOR. UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE
OF DTC TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR
PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO., OR IN SUCH
OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
HEREON IS MADE TO CEDE & CO., OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR
VALUE OR OTHERWISE BY A PERSON IS WRONGFUL, INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

                               DTE ENERGY COMPANY
                           4.60% SENIOR NOTES DUE 2007

CUSIP NO.: 233331404                                                        $-
Number: R-

         DTE Energy Company, a Michigan corporation (the "Company", which term
includes any successor corporation under the Indenture hereafter referred to),
for value received, hereby promises to pay to [For inclusion in Global Notes
only -- Cede & Co.] [For inclusion in Pledged Note -- The Bank of New York, as
Purchase Contract Agent pursuant to the Purchase Contract Agreement (as defined
below)] or registered assigns, the principal sum of $_______ or such other
principal sum as is reflected in the Schedule of Increases or Decreases attached
hereto on August 16, 2007, and to pay interest thereon from June 25, 2002, or
from the most recent Interest Payment Date to which interest has been paid or
duly provided for, quarterly in arrears on February 16, May 16, August 16 and
November 16 of each year (each, an "Interest Payment Date"), commencing August
16, 2002; initially at the rate of 4.60% per annum through and including the day
immediately preceding the Reset Effective Date and at the Reset Rate thereafter
until the principal hereof shall have been paid or duly made available for
payment and, to the extent permitted by law, to pay interest, compounded
quarterly, on any overdue principal and premium, if any, and on any overdue
installment of interest at the rate per year of 4.60% through and including the
day immediately preceding the Reset Effective Date and at the Reset Rate
thereafter. The amount of interest payable for any period will be computed (1)
for any full quarterly period on the basis of a 360-day year of twelve 30-day
months and (2) for any period shorter than a full quarterly period, on the basis
of a 30-day month and (3) for periods of less than a month, on the basis of the
actual number of days elapsed per 30-day month.

                                      A-1

<PAGE>

         In the event that any date on which interest or principal is payable on
this Note is not a Business Day, then payment of interest or principal payable
on such date will be made on the next succeeding day that is a Business Day (and
without any interest or other payment in respect of any such delay), except
that, if the Business Day is in the next succeeding calendar year, then the
payment will be made on the immediately preceding Business Day, in each case
with the same force and effect as if made on such payment date. The interest
installment so payable, and punctually paid or duly provided for, on any
Interest Payment Date with respect to this Note will, as provided in the
Indenture (as defined below), be paid to the person in whose name this Note (or
one or more Predecessor Securities, as defined in the Indenture) is registered
at the close of business on the Regular Record Date for such interest
installment which shall be the close of business on the first day of the month
(whether or not a Business Day) in which such Interest Payment Date falls (the
"Regular Record Date").

         Any such interest installment not punctually paid or duly provided for
shall forthwith cease to be payable to the registered Holders on such Regular
Record Date, and may either be paid to the person in whose name this Note (or
one or more Predecessor Securities) is registered at the close of business on a
Special Record Date to be fixed by the Trustee for the payment of such defaulted
interest, notice whereof shall be given to the registered Holders of the Notes
not less than ten days prior to such Special Record Date, or may be paid at any
time in any other lawful manner not inconsistent with the requirements of any
securities exchange on which the Notes may be listed, and upon such notice as
may be required by such exchange, all as more fully provided in the Indenture.
The principal of, and premium, if any, and the interest on the Notes shall be
payable at the office or agency of the Company maintained for that purpose in
the Borough of Manhattan, The City of New York, in any coin or currency of the
United States of America which at the time of payment is legal tender for
payment of public and private debts; provided, however, that payment of interest
may be made at the option of the Company by check mailed to the registered
Holder at the close of business on the Regular Record Date at such address as
shall appear in the Security Register or by wire transfer to the account
designated to the Trustee by a prior written notice by such Holder delivered at
least ten Business Days prior to the applicable Interest Payment Date.
Notwithstanding anything else contained herein, if this Note is a Global Note
and is held in book-entry form through the facilities of the Depositary,
payments on this Note will be made to the Depositary or its nominee in
accordance with arrangements then in effect between the Trustee and the
Depositary.

         Notwithstanding anything herein or in the Indenture to the contrary,
the Reset Rate shall in no event exceed the maximum rate, if any, permitted by
applicable law.

         This Note is one of a duly authorized series of Securities of the
Company, designated as the "4.60% Senior Notes due 2007" (the "Notes"),
initially limited to an aggregate principal amount of $150,000,000 (or
$172,500,000 if the underwriters' over-allotment option pursuant to the
Underwriting Agreement is exercised in full) (except for Notes authenticated and
delivered upon transfer of, or in exchange for, or in lieu of other Notes, and
except as further provided in the Indenture), all issued or to be issued under
and pursuant to an Amended and Restated Indenture, dated as of April 9, 2001, as
supplemented by the Sixth Supplemental Indenture dated as of June 25, 2002
(together, as amended, supplemented or modified, the "Indenture"), duly executed
and delivered between the Company and The Bank of New York, a New York banking

                                      A-2

<PAGE>

corporation, as Trustee (herein referred to as the "Trustee", which term
includes any successor trustee under the Indenture), to which Indenture
reference is hereby made for a description of the respective rights, limitations
of rights, obligations, duties and immunities thereunder of the Trustee, the
Company and the registered Holders of the Notes and of the terms upon which the
Notes are, and are to be, authenticated and delivered.

         This Note is not subject to repayment at the option of the Holder
hereof. Except as provided below, this Note is not redeemable by the Company
prior to maturity and is not subject to any sinking fund.

         The Notes shall be redeemable in whole, but not in part, at any time at
the option of the Company if a Tax Event occurs and is continuing at a price per
Note equal to the Redemption Price. Subject to the terms of the Purchase
Contract Agreement and the Pledge Agreement with respect to Notes comprising
part of the Equity Security Units, the Redemption Price shall be paid to or on
behalf of each Holder of the Notes by the Company, no later than 10:00 a.m., New
York City time, on the Tax Event Redemption Date, by check or wire transfer in
immediately available funds, at such place and to such account as may be
designated by each such Holder, including the Custodial Agent or the Collateral
Agent.

         Notice of any redemption must be given at least 30 days but not more
than 60 days before the Tax Event Redemption Date to each Holder of Notes to be
redeemed at its registered address. If money sufficient to pay the Redemption
Price of the Notes to be redeemed on the Tax Event Redemption Date is deposited
on or before the Tax Event Redemption Date and the other conditions set forth in
the Indenture are satisfied, then on and after such date, interest will cease to
accrue on the Notes called for redemption.

         In case an Event of Default with respect to the Notes shall have
occurred and be continuing, the principal hereof and accrued interest hereon may
be declared, and upon such declaration shall become, due and payable, in the
manner, with the effect and subject to the conditions provided in the Indenture.

         The Indenture contains provisions for defeasance at any time of the
entire indebtedness of this Note upon compliance by the Company with certain
conditions set forth therein.

         The Indenture permits, with certain exceptions as therein provided, the
amendment thereof and the modification of the rights and obligations of the
Company and the rights of the Holders of the Notes under the Indenture at any
time by the Company and the Trustee with the consent of the Holders of a
majority of the aggregate principal amount of all Notes issued under the
Indenture at the time outstanding and affected thereby; provided, however, that
no such amendment shall without the consent of the Holder of each Note so
affected, among other things (i) change the stated maturity of the principal of,
or any installment of principal of or interest on any Notes of any series, or
reduce the principal amount thereof, or reduce the rate of interest thereon, or
reduce any premium payable upon the redemption thereof or (ii) reduce the
percentage of Notes, the Holders of which are required to consent to any
amendment or waiver or for certain other matters as set forth in the Indenture.
The Indenture also contains provisions permitting (i) the registered Holders of
662/3% in aggregate principal amount of the Securities of

                                      A-3

<PAGE>

each series at the time outstanding affected thereby, on behalf of the
registered Holders of the Securities of such series, to waive compliance by the
Company with certain provisions of the Indenture and (ii) the registered Holders
of not less than a majority in aggregate principal amount of the Securities of
any series at the time outstanding affected thereby, on behalf of the registered
Holders of the Securities of such series, to waive certain past defaults under
the Indenture and their consequences. Any such consent or waiver by the
registered Holder of this Note (unless revoked as provided in the Indenture)
shall be conclusive and binding upon such registered Holder and upon all future
registered Holders and owners of this Note and of any Note issued in exchange
hereof or in place hereof (whether by registration of transfer or otherwise),
irrespective of whether or not any notation of such consent or waiver is made
upon this Note.

         No reference herein to the Indenture and no provision of this Note or
of the Indenture shall alter or impair the obligation of the Company, which is
absolute and unconditional, to pay the principal of and premium, if any, and
interest on this Note in the manner, at the respective times, at the rate and in
the coin or currency herein prescribed.

         As provided in the Indenture and subject to certain limitations therein
set forth, the transfer of this Note is registrable in the Security Register of
the Company, upon surrender of this Note for registration of transfer at the
office or agency of the Company in any place where the principal of and any
interest on this Note are payable or at such other offices or agencies as the
Company may designate, duly endorsed by or accompanied by a written instrument
or instruments of transfer in form satisfactory to the Company and the Security
Registrar or any transfer agent duly executed by the registered Holder hereof or
his or her attorney duly authorized in writing, and thereupon one or more new
Notes of this series and of like tenor, of authorized denominations and for the
same aggregate principal amount will be issued to the designated transferee or
transferees. No service charge will be made for any such transfer, but the
Company may require payment of a sum sufficient to cover any tax or other
governmental charge payable in relation thereto.

         Prior to due presentment for registration of transfer of this Note, the
Company, the Trustee, any Paying Agent and any Security Registrar may deem and
treat the registered Holder hereof as the absolute owner hereof (whether or not
this Note shall be overdue and notwithstanding any notice of ownership or
writing hereon made by anyone other than the Security Registrar) for the purpose
of receiving payment of or on account of the principal hereof and interest due
hereon and for all other purposes, and neither the Company nor the Trustee nor
any Paying Agent nor any Security Registrar shall be affected by any notice to
the contrary.

         The Notes of this series are issuable only in fully registered form
without coupons in denominations of $25 and any integral multiple thereof.
[insert in the case of Global Notes - This Global Note is exchangeable for Notes
in definitive form only under certain limited circumstances set forth in the
Indenture. Notes of this series so issued are issuable only in registered form
without coupons in denominations of $25 and any integral multiple thereof.] As
provided in the Indenture and subject to certain limitations therein set forth,
Notes of this series are exchangeable for a like aggregate principal amount of
Notes of this series of a different authorized denomination, as requested by the
registered Holder surrendering the same.

                                      A-4

<PAGE>

         As set forth in, and subject to the provisions of, the Indenture, no
registered owner of any Note will have any right to institute any proceeding
with respect to the Indenture or for any remedy thereunder, unless (i) such
registered owner shall have previously given to the Trustee written notice of a
continuing Event of Default with respect to the Notes of this series, (ii) the
registered owners of not less than 25% in principal amount of the outstanding
Notes of this series shall have made written request, and offered reasonable
indemnity, to the Trustee to institute such proceeding as trustee, (iii) the
Trustee shall have failed to institute such proceeding within 60 days and (iv)
the Trustee shall not have received from the registered owners of a majority in
principal amount of the outstanding Notes of this series a direction
inconsistent with such request within such 60-day period; provided, however,
that such limitations do not apply to a suit instituted by the registered owner
hereof for the enforcement of payment of the principal of or premium, if any, or
any interest on this Note on or after the respective due dates expressed herein.

         No recourse may be taken, directly or indirectly, against any
incorporator, subscriber to the capital stock, stockholder, officer, director or
employee of the Company or the Trustee or of any predecessor or successor of the
Company or the Trustee with respect to the Company's obligations on the
Securities or the obligations of the Company or the Trustee under the Indenture
or any certificate or other writing delivered in connection therewith.

         By acceptance of a beneficial ownership interest in this Note, each
beneficial owner of this Note will be deemed to have agreed (1) to treat the
acquisition of an Equity Security Unit as the acquisition of this Note and the
Purchase Contract constituting the Equity Security Unit and to allocate the
purchase price of the Equity Security Unit between this Note and the Purchase
Contract in amount equal to $25 and $0, respectively, (2) to treat this Note as
indebtedness of the Company for all tax purposes, (3) to treat this Note as
indebtedness that is subject to the Contingent Payment Regulations for United
States federal income tax purposes, (4) to be bound by the Company's
determination of the "comparable yield" and "projected payment schedule," within
the meaning of the Contingent Payment Regulations, with respect to this Note for
United States federal income tax purposes and (5) to treat this Note and the
Purchase Contract constituting the Equity Security Unit as separate financial
instruments for all tax purposes. A Holder of this Note may obtain the amount of
original issue discount, issue date, yield to maturity, comparable yield and
projected payment schedule by submitting a written request for it to the Company
at the following address: DTE Energy Company, 2000 2nd Avenue, 850 WCB, Detroit,
Michigan 48226-1279, Attn: Assistant Treasurer.

         The Indenture and this Note shall be governed by and construed in
accordance with the laws of the State of New York.

         All terms used in this Note which are defined in the Indenture shall
have the meanings assigned to them in the Indenture.

         Unless the Certificate of Authentication hereon has been manually
executed by the Trustee or a duly appointed Authentication Agent referred to
herein, this Note shall not be entitled to any benefit under the Indenture or be
valid or obligatory for any purpose.

                                      A-5

<PAGE>

         IN WITNESS WHEREOF, the Company has caused this Instrument to be duly
executed.

                                            DTE ENERGY COMPANY

                                            By_____________________________

Date:

Attest:

By_______________________________________

                          CERTIFICATE OF AUTHENTICATION

         This is one of the Notes of the series of Notes described in the within
mentioned Indenture.

                                            THE BANK OF NEW YORK
                                             as Trustee

                                            By__________________________
                                              Authorized Signatory
Date:

                                      A-6

<PAGE>

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto

-------------------------------------------------------------------------------
     (Please insert Social Security or Other Identifying Number of Assignee)

-------------------------------------------------------------------------------
     (Please print or type name and address, including zip code of assignee)

the within Note and all rights thereunder, hereby irrevocably constituting and
appointing such person attorneys to transfer the within Note on the books of the
Company, with full power of substitution in the premises.

Dated:________________________

NOTICE: The signature of this assignment must correspond with the name as
written upon the face of the within Note in every particular, without alteration
or enlargement or any change whatever and NOTICE: Signature(s) must be
guaranteed by a financial institution that is a member of the Securities
Transfer Agents Medallion Program ("STAMP"), the Stock Exchange, Inc. Medallion
Signature Program ("MSP"). When assignment is made by a guardian, trustee,
executor or administrator, an officer of a corporation, or anyone in a
representative capacity, proof of his or her authority to act must accompany
this Note.

                                      A-7

<PAGE>

               [TO BE ATTACHED TO GLOBAL NOTES AND PLEDGED NOTES]
                       SCHEDULE OF INCREASES OR DECREASES

         The following increases or decreases in this [Global Note] [Pledged
Note] have been made:

<TABLE>
<CAPTION>

<S>                <C>                     <C>                   <C>                   <C>
                   AMOUNT OF INCREASE      AMOUNT OF DECREASE     PRINCIPAL AMOUNT OF
                      IN PRINCIPAL            IN PRINCIPAL         NOTE EVIDENCED BY
                     AMOUNT OF NOTE          AMOUNT OF NOTE        THE [GLOBAL NOTE]        SIGNATURE OF
                   EVIDENCED BY THE        EVIDENCED BY THE        [PLEDGED NOTE]        AUTHORIZED OFFICER
                      [GLOBAL NOTE]          [GLOBAL NOTE]          FOLLOWING SUCH          OF TRUSTEE OR
         DATE        [PLEDGED NOTE]          [PLEDGED NOTE]      DECREASE OR INCREASE    SECURITIES CUSTODIAN
     -----------   ------------------      ------------------   ----------------------  --------------------
</TABLE>

                                      A-8

<PAGE>

                                                                      EXHIBIT B

                                PLEDGE AGREEMENT

                                      B-1

<PAGE>

                                                                      EXHIBIT C

                           PURCHASE CONTRACT AGREEMENT

                                      C-1

<PAGE>

                                                                      EXHIBIT D

                              REMARKETING AGREEMENT

                                      D-1<PAGE>
                                                                   Exhibit 10-44

                               DTE ENERGY COMPANY

                            SUPPLEMENTAL SAVINGS PLAN

                           EFFECTIVE DECEMBER 6, 2001

<PAGE>

                                TABLE OF CONTENTS

<TABLE>
<S>          <C>                                                                                             <C>
PREAMBLE              .......................................................................................1

SECTION 1.   TITLE, PURPOSE AND EFFECTIVE DATE...............................................................1
     1.1.       Title........................................................................................1
     1.2.       Purpose......................................................................................1
     1.3.       Effective Date...............................................................................2

SECTION 2.   DEFINITIONS.....................................................................................2

SECTION 3.   ELIGIBILITY AND PARTICIPATION...................................................................2
     3.1.       Eligibility to Participate...................................................................2
     3.2.       Election to Participate......................................................................3

SECTION 4.   PARTICIPANTS' ACCOUNTS..........................................................................3
     4.1.       Establishment of Accounts....................................................................3
     4.2.       Credits and Debits to Participants' Accounts.................................................3
     4.3.       Election of Accounts.........................................................................4
     4.4.       Change of Election for Accounts..............................................................4
     4.5.       Transfer Between Accounts....................................................................4

SECTION 5.   HARDSHIP WITHDRAWALS............................................................................5

SECTION 6.   PAYMENT OF BENEFITS.............................................................................5
     6.1.       Form and Timing of Payment...................................................................5
     6.2.       Change in Payment Option.....................................................................6
     6.3.       Revocation of Designation as Executive.......................................................6
     6.4.       Payments Subject to Golden Parachute Provisions..............................................6
     6.5.       Transfer to an Affiliated Company............................................................6

SECTION 7.   SELECTION OF AND PAYMENTS TO A BENEFICIARY......................................................6
     7.1.       Beneficiary Designation......................................................................6
     7.2.       Change in Beneficiary........................................................................7
     7.03.      Survivor Benefit.............................................................................7

SECTION 8.   ADMINISTRATION..................................................................................7

SECTION 9.   ADDITIONAL PROVISIONS AFFECTING BENEFITS........................................................7

SECTION 10.   AMENDMENT, SUSPENSION, AND TERMINATION.........................................................7
     10.1.      Right to Amend or Terminate..................................................................7
     10.2.      Right to Suspend.............................................................................7
     10.3.      Partial ERISA Exemption......................................................................7

SECTION 11.   MISCELLANEOUS..................................................................................8
     11.1.      Unfunded Plan................................................................................8
     11.2.      No Right to Continued Employment.............................................................8
     11.3.      Prohibition Against Alienation...............................................................8
     11.4.      Savings Clause...............................................................................8
     11.5.      Payment of Benefit of Incompetent............................................................8
</TABLE>

                                       i
<PAGE>

<TABLE>
<S>           <C>                                                                                           <C>
     11.6.      Spouse's Interest............................................................................9
     11.7.      Successors...................................................................................9
     11.8.      Gender, Number and Heading...................................................................9
     11.9.      Legal Fees and Expenses......................................................................9
     11.10.     Choice of Law................................................................................9
     11.11.     Affiliated Employees.........................................................................9
     11.12.     Plan Document................................................................................9

SECTION 12.   ARBITRATION...................................................................................10
     12.1.      Arbitration Process.........................................................................10
     12.2.      Effect of Plan Termination..................................................................10

SECTION 13.   CHANGE IN CONTROL PROVISIONS..................................................................10
     13.1.      General.....................................................................................11
     13.2.      Transfer to Rabbi Trust.....................................................................11
     13.3.      Lump Sum Payments...........................................................................11
     13.4.      Joint and Several Liability.................................................................11
     13.5.      Dispute Procedures..........................................................................11
     13.6.      Definition of Change in Control.............................................................11
</TABLE>

                                       ii
<PAGE>

                               DTE ENERGY COMPANY
                            SUPPLEMENTAL SAVINGS PLAN
                           Effective December 6, 2001

                                    PREAMBLE

         Effective May 22, 1989 (and as amended periodically), Detroit Edison
established The Detroit Edison Company Savings Reparation Plan and effective May
31, 1988 (and as amended periodically), MCN Energy Group established the MCN
Energy Group Supplemental Savings Plan to offer a retirement savings alternative
for those eligible Executives whose permissible contributions to the companies'
401(k) plan were limited by the Internal Revenue Code (Detroit Edison plan:
401(a)(17); MCN plan: 401(a)(17), 402(g), 415 limitation on benefits and
contributions). Effective December 6, 2001, DTE Energy Company ("DTE") hereby
terminates The Detroit Edison Company Savings Reparation Plan and effective
January 1, 2002 hereby terminates the MCN Energy Group Supplemental Savings Plan
and replaces them with the DTE Energy Company Supplemental Savings Plan (the
"Plan"), as described herein. Effective December 6, 2001, all benefits under The
Detroit Edison Company Savings Reparation Plan and effective January 1, 2002 all
benefits under the MCN Energy Group Supplemental Savings Plan are transferred to
the Plan. Benefits under the Plan are available to eligible Executives and key
management employees of DTE Energy Company and its Affiliated Companies. DTE
Energy Company has established this Plan to benefit Executives of DTE Energy
Company and its Affiliated Companies in a manner that will be in the best
interest of DTE Energy Company and its shareholders.

                                   SECTION 1.
                        TITLE, PURPOSE AND EFFECTIVE DATE

         1.1. Title. The title of this Plan shall be the "DTE Energy Company
Supplemental Savings Plan" and shall be referred to in this document as the
"Plan."

         1.2. Purpose. The purpose of the Plan is to promote the success of DTE
Energy Company (hereinafter referred to as "DTE") by:

              (a) providing selected Executives with the ability to defer
compensation on a pre-tax basis to permit supplemental retirement savings; and

              (b) providing a mechanism for selected Executives to receive
benefits that they otherwise would have received under the Qualified Plan but
for Internal Revenue Code ("Code") Sections 401(a)17, 402(g), 415 or any other
provision of the Code or other law that the Committee hereafter designates.

              The principal purpose of the Plan is to provide deferred
compensation for a select group of management or highly compensated Employees of
DTE and any other employer that has adopted the Plan with the consent of DTE (a
"Participating Employer"), and who has been

                                       1
<PAGE>

specifically designated by the Chief Executive Officer of a Participating
Employer to be eligible for Plan participation (an "Executive"). Such an
employee shall remain an Executive as long as this designation is not revoked by
the Committee.

              It is intended that this Plan provide benefits for "a select group
of management or highly compensated employees" within the meaning of sections
201, 301 and 401 of the Employee Retirement Income Security Act of 1974, as
amended (hereinafter referred to as "ERISA") and, therefore, to be exempt from
the provisions of Parts 2, 3 and 4 of Title I of ERISA.

         1.3. Effective Date. The Plan shall be effective December 6, 2001.

                                   SECTION 2.
                                  DEFINITIONS

         The words and phrases used in the Plan shall have the same meanings as
provided under the DTE Energy Company Savings and Stock Ownership Plan (the
"Qualified Plan"), effective January 1, 2002 and as amended from time to time,
unless otherwise defined in the Plan or the context clearly requires otherwise.

                                   SECTION 3.
                          ELIGIBILITY AND PARTICIPATION

         3.1. Eligibility to Participate. Only the following individuals shall
be eligible to participate in the Plan: (a) any Executive whose contributions
under the Qualified Plan are limited because of the limitation on compensation
under Section 401(a)17 of the Code, the limitation on elective deferrals under
Section 402(g) of the Code, the limitation on benefits and contributions under
Section 415 of the Code, or any other provision of the Code or other law that
the Committee hereafter designates; and (b) such other management or highly
compensated Employees as shall be approved by the Chief Executive Officer of an
Employer that has adopted the Plan.

              (a) Effective Date for Participation. Each employee of the Company
and Participating Affiliated Companies who is employed at the level of Director
or above (or equivalent) and who is designated as an Executive shall be eligible
to participate in the Plan effective as of the later of (i) the date determined
by the Vice President, Human Resources, or (ii) the date on which the employee
is formally notified of his or her eligibility to participate.

              (b) Determination of Executive Status. The Vice President, Human
Resources shall designate employees as Executives. The Vice President, Human
Resources may revoke such designation prior to any Plan Year with respect to the
Executive's ability to defer future compensation payable by the Company or
Participating Affiliated Company; provided, however, that no such revocation
shall adversely affect any amounts previously deferred by such Executive under
the Plan. Employees who were employed at the level of Director at MCN Energy
Group Inc. or one of its subsidiaries prior to June 1, 2001, but were not
appointed to a level of Director

                                       2
<PAGE>

or above in the Leader Staffing and Selection process during the second quarter
of 2001, shall be considered Executives for the 2002 Plan year only; unless or
until they are otherwise designated as Executives.

              (d) Mid-Year Participation. To the extent an employee is
designated as an Executive, and formally notified of his or her eligibility to
participate in the Plan during a Plan Year, the Executive may elect to
participate any time thereafter.

         3.2. Election to Participate. An executive who is eligible to
participate may become a participant in the Plan (a "Participant") by filing a
written election with the Committee on a form approved by the Committee. The
Executive's election shall authorize the Employer to defer the amount of such
Executive's Compensation pursuant to Sections 4.2(a) and (c) hereof and shall
evidence the Executive's acceptance of and agreement to all the provisions of
the Plan.

The Executive's election must be made no later than December 31 of the year that
immediately precedes the year for which it applies. However, the first election
by any Executive to participate in this Plan shall be effective for any
Compensation earned after the election is received by the Committee and after
contributions to the Qualified Plan are limited in accordance with Section 3. 1
above. An election shall be irrevocable for the current calendar year. An
election shall be irrevocable for future calendar years unless a written
revocation is filed with the Committee prior to the first day of the calendar
year for which the revocation is desired.

                                   SECTION 4.
                             PARTICIPANTS' ACCOUNTS

         4.1. Establishment of Accounts. The Employer shall establish accounts
for each of its Executives who is a Participant in the Plan. Effective January
1, 2002, all benefits under The Detroit Edison Company Savings Reparation Plan
and the MCN Energy Group Supplemental Savings Plan are transferred to this Plan.
Separate hypothetical bookkeeping accounts corresponding in name to the separate
funds under the Qualified Plan shall be maintained for each Participant. Credits
under Sections 4.2(a) and (c) hereof shall also be maintained in separate
accounts. The hypothetical bookkeeping accounts shall be maintained as unfunded
general bookkeeping accounts and all amounts represented by the accounts shall
remain a part of the general funds of the Employer of such Participant, subject
to the claims of its general creditors. Nothing in the Plan and no action taken
pursuant to the provisions of the Plan shall be deemed to create a trust or fund
of any kind or to create any fiduciary relationship. The obligation to make
payments under this Plan shall be and remain an unsecured, unfunded general
obligation of the Employer of the particular Participant. Each Executive who is
a Participant in the Plan shall be provided a quarterly statement of the
unfunded accounts maintained for the Participant.

         4.2. Credits and Debits to Participants' Accounts. As of the end of a
pay period, total credits shall be made to the hypothetical bookkeeping accounts
maintained for a Participant as set forth below:

                                       3
<PAGE>

                  (a) An amount equal to the difference between (1) and (2)
below:

                                    (1) the amount that such Participant would
                           have contributed to the Qualified Plan for such pay
                           period, assuming (x) the Participant satisfied the
                           eligibility requirements set forth in the Qualified
                           Plan and (y) the allotments of such Participant under
                           the Qualified Plan were not limited by the
                           application of any restriction set forth in Section
                           3.1(a) above, or any provision of the Qualified Plan
                           relating to the limitations described in Section
                           5.1(a) above;

                                    (2) the amount that such Participant
                           actually contributed to the Qualified Plan for such
                           pay period.

                  (b) An amount equal to the difference between (1) and (2)
below:

                                    (1) the amount that the Employer of such
                           Participant would have contributed to the Qualified
                           Plan on behalf of such Participant for such pay
                           period if the Participant had contributed the amount
                           set forth in (a)(1) above to the Qualified Plan
                           during such pay period;

                                    (2) the amount that the Employer actually
                           contributed to the Qualified Plan on behalf of such
                           participant for such pay period.

The total credits under (a) and (b) of this Section shall be allocated to the
specific accounts elected by the Participant as provided under Section 4.3
hereof. Each hypothetical bookkeeping account shall be credited with an amount
representing earnings or debited with an amount representing losses on a daily
basis. Earnings or losses shall be calculated using the daily valuation
methodology employed by the recordkeeper for each corresponding fund under the
Qualified Plan.

         4.3. Election of Accounts. Subject to the sole discretion of the
Committee, each Participant shall, by filing an election with the Committee in a
form approved by the Committee, elect the accounts which are to be used for
recording credits under Sections 4.2(a) and (b) hereof.

A Participant may direct that credits under Sections 6.2(a) and (b) be made to
any account corresponding in name to the funds under the Qualified Plan that are
available to accept contributions or allotments, provided, however, that the
Committee may change available investment funds or override a Participant's
investment selection at any time.

         4.4. Change of Election for Accounts. Any election of accounts given
by a Participant under the preceding Section shall be deemed to be a continuing
election until changed by the Participant. A Participant may change any such
election as of any normal business day of any month by giving prior notice of
such change to the Plan recordkeeper in the form prescribed by the Committee.

                                       4
<PAGE>

         4.5. Transfer Between Accounts. Transfers between accounts shall be
effected on any normal business day of any month upon directions to the Plan
recordkeeper in the form prescribed by the Committee.

                                   SECTION 5.
                              HARDSHIP WITHDRAWALS

         A Participant may request, upon written notice to the Committee, a
withdrawal from his or her accounts, if the withdrawal is on account of
financial hardship as defined in the Qualified Plan. A financial hardship shall
first be satisfied from the DTE Energy Company Executive Deferred Compensation
Plan to the extent possible; then from the Plan; and finally from the Qualified
Plan. The amount of such withdrawal shall be limited to the amounts deferred
under Section 4.2(a) hereof and any corresponding amounts transferred from The
Detroit Edison Company Savings Reparation Plan and the MCN Energy Group
Supplemental Savings Plan, or the total value of the aggregate accounts
maintained under Section 4.2(a) hereof and any corresponding amounts transferred
from The Detroit Edison Company Savings Reparation Plan and the MCN Energy Group
Supplemental Savings Plan as of the end of the prior month, whichever is
smaller.

The determination of the existence of financial hardship and the amount required
to be distributed to meet the need created by the hardship shall be made by the
Committee. No other withdrawals or loans are permitted under this Plan.

                                   SECTION 6.
                               PAYMENT OF BENEFITS

         6.1. Form and Timing of Payment. On the date that a Participant becomes
entitled to a distribution of his or her account in the Qualified Plan (the
"Termination Date"), such Participant shall be entitled to receive the amount
credited to his or her accounts in the Plan. All amounts under this Plan are
100% vested, subject to adjustment for hypothetical earnings and losses. All
distributions shall be paid out at in cash as of March 1 of the year following
the year in which Participant's Termination Date occurs.

Payment of a Participant's accounts shall be made in accordance with the
Participant's selection on his or her Deferral Election Form either in annual
payments over a period not less than one year and not more than 15 years, or in
one lump sum by the Participating Employer maintaining the accounts. If no
payment election has been made, the Participant's account shall be paid in one
lump sum. In addition, if a Participant's account is less than or equal to
$10,000 as of his or her Termination Date, the Participant's account shall be
paid in one lump sum.

         The amount of the annual payments shall be calculated to be paid out
over the specified period, based on the entire balance in the Participant's
hypothetical bookkeeping account as of his or her Termination Date. Earnings and
losses based on the hypothetical bookkeeping account investments shall be
credited to the Participant's hypothetical bookkeeping account through December
31 of each Plan Year in which the Participant has a balance in such

                                        5
<PAGE>

hypothetical bookkeeping account. The distribution to a Participant shall be
paid in cash. The initial distribution shall be determined by dividing the value
of the Participant's account determined as of December 31 of the Plan Year in
which the Participant's employment terminated, by the number of installment
payments to be made. The amount distributed to the Participant thereafter shall
be recalculated each year to reflect changes in the hypothetical bookkeeping
account balance through December 31 of such subsequent calendar year and the
remaining number of installment payments to be made.

         6.2. Change In Payment Option. The payment option selected by the
Participant may be changed at any time while her or she is actively employed by
the Company or a Participating Employer by the Participant submitting a new
payment selection to the Committee.

         6.3. Revocation of Designation as Executive. Except as provided in
Section 3.1(b) hereof, a Participant whose designation as an Executive is
revoked prior to the Participant's retirement, death, termination or disability
shall not be permitted to make deferrals under the Plan subsequent to the date
of such revocation.

         6.4. Payments Subject to Golden Parachute Provisions. Notwithstanding
the above, if payment at the time specified in the first sentence of this
Section would subject the Participant to the excise tax under Section 4999 of
the Code, at the discretion of the applicable Employer, payment of the
Participant's account shall be deferred until the earlier of (a) the date that
would have been the Participant's Normal Retirement Date, Early Retirement Date
or Disability Retirement Date, (b) death of the Participant, or (c) total and
permanent disability or legally established mental incompetence of the
Participant.

         6.5. Transfer to an Affiliated Company. Benefits for a Participant who
transfers employment from one Employer to an Affiliated Company shall be subject
to the provisions of the Qualified Plan. Such a transfer of employment shall
cause a transfer of the accounts maintained by an Employer for a Participant, if
the new Employer has adopted the Plan and the former Employer transfers cash to
the new Employer equal to the amount of the accounts transferred. In all other
events, a transfer of employment shall not cause a transfer of the accounts
maintained by an Employer for a Participant.

                                   SECTION 7.
                   SELECTION OF AND PAYMENTS TO A BENEFICIARY

         7.1. Beneficiary Designation. A Participant shall designate, on a form
provided by the Committee, a beneficiary or beneficiaries to receive any
distribution to made under Section 6 hereof upon the death of the such
Participant, or, in the case of a Participant who dies subsequent to termination
of his or her employment put prior to distribution of the entire amount to which
the Participant is entitled under the Plan, any undistributed balance to which
such Participant would have been entitled. If a Participant has not designated a
beneficiary, or if a designated beneficiary is not living or in existence at the
time of a Participant's death, any death benefits payable under the Plan shall
be paid to the Participant's Spouse, if then living, and if the Participant's
Spouse is not then living, to the Participant's estate.

                                       6
<PAGE>

         7.2. Change in Beneficiary. A Participant may change the designated
beneficiary from time to time by filing a new written designation with the
Committee. Such designation shall be effective upon receipt by the Committee.

         7.3. Survivor Benefit. If a Participant dies with an account balance
under this Plan, his or her beneficiary shall be entitled to receive a
distribution of the Participant's account. The distribution shall be paid in a
lump sum within ninety (90) days following the Participant's death.

                                   SECTION 8.
                                 ADMINISTRATION

         The Plan shall be administered by the Committee appointed pursuant to
the provisions of the Qualified Plan. The Committee shall have the same powers
and duties, and shall be subject to the same limitations, as are described in
the Qualified Plan. However, unlike the limitation on the Committee's power to
amend or modify the Qualified Plan, the Committee shall have full power to amend
or modify the Plan in all respects.

                                   SECTION 9.
                    ADDITIONAL PROVISIONS AFFECTING BENEFITS

         Deferrals hereunder shall be subject to applicable FICA withholding
laws. Benefit payments hereunder shall be subject to applicable federal, state
and local tax withholding laws.

                                   SECTION 10.
                     AMENDMENT, SUSPENSION, AND TERMINATION

         10.1. Right to Amend or Terminate. The Company may amend or terminate
the Plan at any time and for any reason. The power to amend or modify the Plan
shall rest solely with the Committee. Such amendment, modification or
termination may modify or eliminate any benefit hereunder except that such
amendment, modification or termination shall not affect the rights of
Participants or beneficiaries to the Participant's account as of the date of
such amendment or termination.

         10.2. Right to Suspend. If the Board of Directors determines that
payments under the Plan would have a material adverse affect on the Company's
ability to carry on its business, the Board of Directors may suspend such
payments temporarily for such time as in its sole discretion it deems advisable,
but in no event for a period in excess of one year. The Company shall pay such
suspended payments in a lump sum immediately upon the expiration of the period
of suspension.

         10.3. Partial ERISA Exemption. The Plan is intended to provide benefits
for "a select group of management or highly compensated employees" within the
meaning of sections 201, 301 and 401 of ERISA, and therefore to be exempt from
sections 2, 3 and 4 of Title I of ERISA. Accordingly, the Plan shall terminate
and existing Account balances shall be paid in a single

                                       7
<PAGE>

lump-sum and no further benefits shall be paid hereunder in the event it is
determined by a court of competent jurisdiction or by an opinion of counsel that
the Plan constitutes an employee pension benefit plan within the meaning of
section 3(2) of ERISA which is not so exempt.

                                   SECTION 11.
                                  MISCELLANEOUS

         11.1. Unfunded Plan. The Plan shall be unfunded within the meaning of
sections 201(2), 301(a)(3) and 401(a)(1) ERISA. All benefits payable under the
Plan shall be paid from the Company's general assets. The Company shall not be
required to set aside or hold in trust any funds for the benefit of a
Participant or Beneficiary, each of whom shall have the status of a general
unsecured creditor with respect to the Company's obligation to make benefit
payments pursuant to the Plan. Any assets of the Company available to pay Plan
benefits shall be subject to the claims of the Company's general creditors and
may be used by the Company in its sole discretion for any purpose.

         11.2. No Right to Continued Employment. Nothing in the Plan shall
create or be construed as a contract between the Company or an Affiliated
Company and employees for any matter including giving any person employed by the
Company or an Affiliated Company the right to be retained in the Company's or an
Affiliated Company's employ. The Company and each Affiliated Company expressly
reserve the right to dismiss any person at any time, with or without cause,
without liability for the effect that such dismissal might have upon him as a
Participant in the Plan or for any other purpose.

         11.3. Prohibition Against Alienation. Except as otherwise provided in
the Plan, no right or benefit under the Plan shall be subject in any manner to
anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, or
charge, and any attempt to so anticipate, alienate, sell, transfer, assign,
pledge, encumber, or charge the same shall be void. No such right or benefit
shall be liable for or subject to the debts, contracts, liabilities,
engagements, or torts of the person entitled to such right or benefit.

         11.4. Savings Clause. If any provision of this Plan is held by a court
of competent jurisdiction to be invalid or unenforceable, such invalidity or
unenforceability shall not affect any other provision and the remaining
provisions hereof shall continue to be construed and enforced as if the invalid
or unenforceable provision had not been included.

         11.5. Payment of Benefit of Incompetent. In the event the Committee
finds that a Participant, former Participant or beneficiary is unable to care
for his affairs because of his minority, illness, accident, or other reason, any
benefits payable hereunder may, unless other claim has been made therefore by a
duly appointed guardian, committee or other legal representative, be paid to a
spouse, child, parent, or other blood relative or dependent or to any person
found by the Committee to have incurred expenses for the support and maintenance
of such Participant, former Participant, or Beneficiary; and any such payments
so made shall be a complete discharge of all liability therefore.

                                       8
<PAGE>

         11.6. Spouse's Interest. The interest in the benefits hereunder of a
Spouse who has predeceased the Participant shall automatically pass to the
Participant and shall not be transferable by such Spouse in any manner
including, but not limited to, such Spouse's will, nor shall such interest pass
under the laws of intestate succession.

         11.7. Successors. In the event of any consolidation, merger,
acquisition or reorganization of the Company, the obligations of the Company and
Participating Affiliated Companies under this Plan shall continue and be binding
upon the Company, Participating Affiliated Companies and its successors.

         11.8. Gender, Number and Heading. Whenever any words are used herein in
the masculine gender, they shall be construed as though they were also used in
the feminine gender in all cases where they would so apply. Whenever any words
used herein are in the singular form, they shall be construed as though they
were also used in the plural form in all cases where they would so apply.
Headings of sections and subsections as used herein are inserted solely for
convenience and reference and constitute no part of the Plan.

         11.9. Legal Fees and Expenses. The Company shall pay all reasonable
legal fees and expenses that a Participant may incur as a result of the Company
contesting the validity, enforceability, or the Participant's interpretation of,
or determinations under this Plan, other than hardship withdrawals under Section
5 and tax withholding under Section 9.

         11.10. Choice of Law. This Plan shall be governed by and construed in
accordance with the laws of the State of Michigan, other than its choice-of-law
rules, to the extent not superseded by applicable federal statues or
regulations.

         11.11. Affiliated Employees. Transfers of employment between Affiliated
Companies and the Company or other Affiliated Companies will be treated as
continuous and uninterrupted service under the Plan.

         11.12. Plan Document. This Plan document provides the final and
exclusive statement of the terms of the Plan. Unless otherwise authorized by the
Board or its delegate, no amendment or modification to this Plan shall be
effective until reduced to writing and adopted pursuant to Section 8. This
document legally governs the operation of the Plan, and any claim of right or
entitlement under the Plan shall be determined solely in accordance with its
provisions. To the extent that there are any inconsistencies between the terms
of any related materials and the terms of this document, the terms of this
document shall control and govern the operation of the Plan. No other evidence,
whether written or oral, shall be taken into account in determining the right of
an Executive, a Participant, or beneficiary, as applicable, to any benefit of
any type provided under the Plan.

                                       9
<PAGE>

                                  SECTION 12.
                                  ARBITRATION

         12.1 Arbitration Process. Notwithstanding Section 8 hereof, in the
event of any dispute, claim, or controversy (hereinafter referred to as a
"Grievance") between an Executive (or beneficiary) who is eligible to elect to
receive the benefits provided under this Plan and the Company with respect to
the payment of benefits to such Executive under this Plan, the computation of
benefits under this Plan, or any of the terms and conditions of this Plan, such
Grievance shall be resolved by arbitration in accordance with this Section 12.

              (a) Arbitration shall be the sole and exclusive remedy to redress
any Grievance.

              (b) The arbitration decision shall be final and binding, and a
judgment on the arbitration award may be entered in any court of competent
jurisdiction and enforcement may be had according to its terms.

              (c) The arbitration shall be conducted by the American Arbitration
Association in accordance with the Commercial Arbitration Rules of the American
Arbitration Association and reasonable expenses of the arbitrators and the
American Arbitration Association shall be borne by the Company.

              (d) The place of the arbitration shall be the offices of the
American Arbitration Association in the Detroit, Michigan Metropolitan area.

              (e) The arbitrator(s) shall not have the jurisdiction or authority
to change any of the provisions of this Plan by alteration of, addition to, or
subtraction from the terms hereof. The arbitrator(s)' sole authority shall be to
apply any terms and conditions of this Plan. Because arbitration is the
exclusive remedy with respect to any Grievance, no Executive eligible to receive
benefits provided under this Plan has the right to resort to any federal court,
state court, local court, or administrative agency concerning breaches of any
terms and provisions hereunder, and the decision of the arbitrator(s) shall be a
complete defense to any suit, action, or proceeding instituted in any federal
court, state court, local court, or administrative agency by such Executive or
the Company with respect to any Grievance which is arbitrable as herein set
forth.

         12.2 Effect of Plan Termination. The arbitration provisions shall, with
respect to any Grievance, survive the termination of this Plan.

                                   SECTION 13.
                          CHANGE IN CONTROL PROVISIONS

         13.1. General. In the event of a Change in Control, as defined in
Section 13.6, then, notwithstanding any other provision of the Plan, the
provisions of this Section 13 shall be applicable and shall supersede any
conflicting provisions of the Plan.

                                       10
<PAGE>

         13.2. Transfer to Rabbi Trust The Company shall establish a trust (the
"Rabbi Trust") that is intended to be an unfunded arrangement which shall not
affect the status of the Plan as an unfunded arrangement for purposes of Title I
of ERISA. The terms of the Rabbi Trust shall provide that, within seven (7) days
of a Change in Control, assets shall be transferred to the Rabbi Trust in (i) an
amount equal to each Participant's hypothetical account balance as of the date
of the Change in Control, plus (ii) an amount deemed necessary to pay estimated
Rabbi Trust administrative expenses for the following five (5) years, as
determined by the Company's Accountants. Assets transferred in accordance with
the preceding sentence shall be in cash. The Company and/or an Affiliated
Company shall make all transfers of assets required by the Rabbi Trust in a
timely manner and shall otherwise abide by the terms of the Rabbi Trust.

         13.3. Lump Sum Payments. In connection with a Change in Control or
consummation of a transaction constituting a Change in Control, the Chairman of
DTE Energy Company shall have the absolute discretion to direct that a lump sum
payment be made to a Participant up to the total value of such Participant's
accounts if such payment will reduce the amount of any potential excise tax
imposed by Code section 4999.

         13.4. Joint and Several Liability. Upon and at all times after a Change
in Control, the liability under the Plan of the Company and each Affiliated
Employer that has adopted the Plan shall be joint and several so that the
Company and each such Affiliated Employer shall each be liable for all
obligations under the Plan to each employee covered by the Plan, regardless of
the corporation by which such employee is employed.

         13.5. Dispute Procedures. In the event that, upon or at any time
subsequent to a Change in Control, a disputed claim for benefits under the Plan
is brought by a Participant or beneficiary, the following additional procedures
shall be applicable:

              (a) Any amount that is not in dispute shall be paid to the
Participant or beneficiary at the time or times provided herein.

              (b) The Participating Employer shall advance to such claimant from
time to time such amounts as shall be required to reimburse the claimant for
reasonable legal fees, costs and expenses incurred by such claimant in seeking a
resolution of his or her claim, including reasonable fees, costs and expenses
relating to arbitration.

         13.6. Definition of Change in Control. "Change in Control" means the
occurrence of any one of the following events:

              (a) individuals who, on January 1, 2002, constitute the Board (the
"Incumbent Directors") cease for any reason to constitute at least a majority of
the Board, provided that any person becoming a director subsequent to January 1,
2002, whose election or nomination for election was approved by a vote of at
least two-thirds of the Incumbent Directors then on the Board (either by a
specific vote or by approval of the proxy statement of the Company in which such
person is named as a nominee for director, without written objection to such
nomination) shall be an Incumbent Director; provided, however, that no
individual initially elected or

                                       11
<PAGE>
nominated as a director of the Company as a result of an actual or threatened
election contest with respect to directors or as a result of any other actual or
threatened solicitation of proxies [or consents] by or on behalf of any person
other than the Board shall be deemed to be an Incumbent Director;

              (b) any "person" (as such term is defined in Section 3(a)(9) of
the Securities Exchange Act of 1934 (the "Exchange Act") and as used in Sections
13(d)(3) and 14(d)(2) of the Exchange Act) is or becomes a "beneficial owner"
(as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of
securities of the Company representing 20% or more of the combined voting power
of the Company's then outstanding securities eligible to vote for the election
of the Board (the "Company Voting Securities"); provided, however, that the
event described in this paragraph (b) shall not be deemed to be a Change in
Control by virtue of any of the following acquisitions: (A) by the Company or
any Subsidiary, (B) by any employee benefit plan (or related trust) sponsored or
maintained by the Company or any Subsidiary, (C) by any underwriter temporarily
holding securities pursuant to an offering of such securities, (D) pursuant to a
Non-Qualifying Transaction (as defined in paragraph (c)), or (E) a transaction
(other than one described in (c) below) in which Company Voting Securities are
acquired from the Company, if a majority of the Incumbent Directors approve a
resolution providing expressly that the acquisition pursuant to this clause (E)
does not constitute a Change in Control under this paragraph (b);

              (c) the consummation of a merger, consolidation, statutory share
exchange or similar form of corporate transaction involving the Company or any
of its Subsidiaries (a "Business Combination") or sale or other disposition of
all or substantially all of the Company's assets to an entity that is not an
affiliate of the Company (a "Sale"), unless immediately following such Business
Combination or Sale: (A) more than 50% of the total voting power of (x) the
corporation resulting from such Business Combination (the "Surviving
Corporation"), or (y) if applicable, the ultimate parent corporation that
directly or indirectly has beneficial ownership of 100% of the voting securities
eligible to elect directors of the Surviving Corporation (the "Parent
Corporation"), is represented by Company Voting Securities that were outstanding
immediately prior to such Business Combination (or, if applicable, is
represented by shares into which such Company Voting Securities were converted
pursuant to such Business Combination), and such voting power among the holders
thereof is in substantially the same proportion as the voting power of such
Company Voting Securities among the holders thereof immediately prior to the
Business Combination, (B) no person (other than any employee benefit plan (or
related trust) sponsored or maintained by the Surviving Corporation or the
Parent Corporation), is or becomes the beneficial owner, directly or indirectly,
of 20% or more of the total voting power of the outstanding voting securities
eligible to elect directors of the Parent Corporation (or, if there is no Parent
Corporation, the Surviving Corporation) and (C) at least a majority of the
members of the board of directors of the Parent Corporation (or, if there is no
Parent Corporation, the Surviving Corporation) following the consummation of the
Business Combination were Incumbent Directors at the time of the Board's
approval of the execution of the initial agreement providing for such Business
Combination (any Business Combination which satisfies all of the criteria
specified in (A), (B) and (C) above shall be deemed to be a "Non-Qualifying
Transaction"); or

              (d) the stockholders of the Company approve a plan of complete
liquidation or dissolution of the Company.

                                       12
<PAGE>
         Notwithstanding the foregoing, a Change in Control of the Company shall
not be deemed to occur solely because any person acquires beneficial ownership
of more than 20% of the Company Voting Securities as a result of the acquisition
of Company Voting Securities by the Company which reduces the number of Company
Voting Securities outstanding; provided, that if after such acquisition by the
Company such person becomes the beneficial owner of additional Company Voting
Securities that increases the percentage of outstanding Company Voting
Securities beneficially owned by such person, a Change in Control of the Company
shall then occur.

         IN WITNESS WHEREOF, DTE Energy Company has caused this Plan to be
executed as of this 1st day of December 2001.

                                         DTE Energy Company

                                         By:
                                            ------------------------------------
                                             Larry E. Steward
                                             Vice President, Human Resources

                                       13

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00042-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00042-of-00352.parquet"}]]