Document:

Exhibit10.a

    
       

      CTS
        Corporation

      Form
        10-Q

      First
        Quarter 2006

      
        

        

      

      EXHIBIT
        (10)(a)

       

      CTS
        Corporation Pension Plan Amendments 

      Effective
        April 1, 2006

       

       

      Section
        1.1 of the CTS Corporation Pension Plan (the “Plan”), Establishment
        of the Plan,
        shall be
        revised to add the following paragraph: 

      

      The
        Asheville Division Plan document was amended in 1986 to freeze the Asheville
        Division Plan upon the closure of CTS’ Asheville, North Carolina plant. This
        plan document, including Appendix C, the prior Resistor Network Division
        Plan
        document, was amended effective April 1, 2006, to close the Plan to new
        participants, including employees who are hired or re-hired or would otherwise
        become eligible to participate in the Plan, on or after that date.

      

      The
        last
        sentence of Section 1.3 of the Plan, Applicability,
        shall
        be revised to read as follows: 

      

      The
        rights, duties eligibility for benefits and amounts of benefits, if any,
        for
        each former Employee and for each retired Employee, including the Spouse
        of any
        such Employee receiving, or who may become eligible to receive, any benefit
        under the Plan, has been, or shall be, determined in accordance with the
        Plan as
        in effect on the date of the first to occur of the following events, provided
        the Employee is entitled to receive a benefit at the time of such event
        (a)Employee’s termination of employment with the Company and Subsidiaries, (b)
        retirement from employment with the Company and Subsidiaries, or (c) death.
        

      

      The
        first
        sentence of Section 2.1 (p) of the Plan, Definitions,
        shall
        be revised to read as follows: 

      

      “Employee”
        means a person, who is either employed to work or who in fact does work 1,000
        or
        more Hours of Service for an Employer on monthly salary pay status during
        his
        first year of employment, which is a period of twelve consecutive months
        beginning on the date an Employee is first credited with an Hour of Service,
        or,
        thereafter, during the Plan Year; provided, however, that the first Plan
        Year
        shall include the last day of the Employee's first year of employment and
        provided that the person is first employed by an Employer on or before March
        31,
        2006. “Employee” shall exclude a person who is employed or re-employed by the
        Employer on or after April 1, 2006, or a person employed by the Employer
        prior
        to April 1, 2006 who has not satisfied the eligibility requirements herein
        on or
        before March 31, 2006. 

       

      The
        first
        sentence of Section 2.1 (bb) of the Plan, Definitions,
        shall
        be revised to read as follows:

       

      "Pay"
        means the total of all amounts of cash paid to an Employee by the Employer
        for
        personal services, including pre-tax and after-tax payroll deductions,
        commissions, incentive bonuses and short term disability benefits, but excluding
        compensation paid in a form other than cash and all special or unusual
        compensation including but not limited to compensation for the reimbursement
        of
        expenses, retention bonuses, patent awards, severance payments, tuition
        reimbursements and Long Term Disability Plan benefits.

      

      Section
        2.1(jj) of the Plan, Definitions,
        “Service Date” shall be deleted. 

      

      The
        first
        sentence of Section 4.2 of the Plan, Credited
        Service,
        shall
        be revised to read as follows: 

      

      An
        Employee's Years of Credited Service will be used to calculate an Employee's
        benefit accruals and monthly benefits and will be the sum of an Employee's
        credited past Service and credited future Service, provided that if an
        Employee’s service with an Employer terminates on or after April 1, 2006 or an
        Employee incurs a Break-in-Service on or after April 1, 2006 the Employee
        shall
        not receive Credited Service for any Service following the termination of
        employment or Break-in-Service.  

       

      The
        first
        sentence of Section 4.4 of the Plan, Future
        Service,
        shall
        be revised to read as follows: 

      

      Commencing
        on the Effective Date of his Employer except as provided in Section 4.2,
        an
        Employee will be credited for future Service in each Plan Year prior to his
        retirement at the rate of: 

      

      Section
        4.5 of the Plan, Breaks
        in Service,
        (c)(ii)
        shall be revised to read as follows: 

      

      	(ii)  	
              the
                Employee's pre-break Vested Credited Service and Credited Service
                shall
                not be taken into account if the number of consecutive one-year
                Breaks-in-Service equals or exceeds the greater of five or the aggregate
                number of years of Vested Credited Service before such Breaks-in-Service;
                provided, however, that such aggregate number of years of Vested
                Credited
                Service shall not include any such Service disregarded under the
                preceding
                sentence by reason of prior Breaks-in- Service. . If such an Employee's
                pre-break Vested Credited Service and Credited Service cannot be
                disregarded pursuant to this Subsection 4.5(c)(ii), such an Employee’s
                Vested Credited Service and Credited Service shall be restored upon
                reemployment and Employee shall be entitled to earn future Vested
                Credited
                Service, but no Credited Service, following re-employment.
                

            

      

      Subsection
        (e) shall be added to Section 4.5 of the Plan, Breaks
        in Service,
        as
        follows:

      

      
        	 	
                (e)

              	
                An
                  employee who incurs a Break-in-Service or termination of employment
                  on or
                  after April 1, 2006 will not receive Credited Service for any Service
                  after April 1, 2006.

              

      

      

      
        
          
          

        

        
          1

          
            

          

        

        
          
          

        

      

      The
        first
        sentence of Section 4.8, of the Plan, Transfers
        to Monthly Salary Pay Status of an Employer,
        shall be
        amended to read as follows:

      

      An
        employee of the Company who is transferred to monthly salary pay status with
        an
        Employer from another pay status with the Company on or before March 31,
        2006
        and thereby becomes an Employee under this Plan, shall be credited with Vested
        Credited Service, but no Credited Service, under this Plan at the rate of
        one
        year of Vested Credited Service for each Plan Year during which the Employee
        has
        been credited with 1,000 or more Hours of Service with the Company subject
        to
        the provisions of Subsection 4.5 of the Plan and further subject to the period
        of severance rules of the Plan as effective during periods of the Employee's
        prior Service. 

      

      The
        following shall be added as the last sentence of Section 4.8 of the Plan,
        Transfers
        to Monthly Salary Pay Status of an Employer:

      

      No
        Vested
        Credited Service or Credited Service under this Plan shall be credited to
        an
        employee who is transferred to monthly salary pay status with the Company
        on or
        after April 1, 2006.

      

      The
        first
        sentence of Section 4.9 of the Plan, Transfers
        from an Employer,
        shall
        be amended to read as follows:

      

      An
        Employee of an Employer who is transferred from monthly salary pay status
        with
        an Employer to another pay status with the Company, or who is transferred
        to a
        subsidiary, division or affiliate of the Company which is not an Employer
        hereunder, and thereby becomes ineligible to continue participation in this
        Plan, shall retain all Vested Credited Service and Credited Service under
        this
        Plan, and will continue to receive Vested Credited Service, but not Credited
        Service subject to the provisions of Subsection 4.5, for all subsequent Service
        with the Company.

      

      The
        first
        sentence of Section 4.10 of the Plan, Transfers
        to an Employer, shall
        be
        amended to read as follows:

      

      An
        employee who is transferred from monthly salaried pay status with a subsidiary,
        division or affiliate of the Company which is not an Employer to an Employer
        hereunder, on or before March 31, 2006, and thereby becomes an Employee under
        this Plan, shall be credited with Vested Credited Service, but no Credited
        Service, under this Plan at the rate of one year of Vested Credited Service
        for
        each Plan Year during which the Employee has been credited with 1,000 or
        more
        Hours of Service with the Company, subject to the provisions of Subsection
        4.6
        of the Plan and further subject to the period of severance rules of the Plan
        as
        effective during the periods of the Employee's prior Service.

      

      Section
        4.10 of the Plan, Transfers
        to an Employer,
        shall
        be amended to add the following sentence: 

      

      No
        Vested
        Credited Service or Credited Service under this Plan shall be credited to
        an
        employee who is transferred from monthly salaried pay status with a Subsidiary,
        division or affiliate of the Company which is not an Employer to an Employer
        hereunder on or after April 1, 2006.

      

      Section
        11.3(c), Review
        of Denial of Claims in General,
        shall
        be amended to add the following sentence:

      

      No
        legal
        action may be commenced or maintained against the Plan more than ninety (90)
        days after the Plan Administrator’s decision on review.

      

      Section
        11.3(d), Supplemental
        Procedures for Review of Denial of Claims for Disability Pension
        Benefits,
        shall
        be amended to add the following sentence:

       

      No
        legal
        action may be commenced or maintained against the Plan more than ninety (90)
        days after the Plan Administrator’s decision on review. 

       

      
        
          
          

        

        
          2ALLTEL PERFORMANCE INCENTIVE COMPENSATION PLAN

                                                                                        Exhibit
    10.1

    

     

    ALLTEL
      CORPORATION

    PERFORMANCE
      INCENTIVE COMPENSATION PLAN

    (As
      Amended and Restated as of January 1, 2006)

     

     

    I.
        PURPOSE

     

    The
      purpose of the Alltel Corporation Performance Incentive Compensation Plan,
      as
      amended and restated effective as of January 1, 2006 (the "Plan"), is to advance
      the interests of Alltel Corporation (the "Company") by strengthening, through
      the payment of incentive awards, the linkage between executives of the Company
      and stockholders of the Company, the decision-making focus of executives of
      the
      Company upon improving stockholder wealth, and the ability of the Company to
      attract and retain those key employees upon whose judgment, initiative, and
      efforts the successful growth and profitability of the Company
      depends.

     

     

    II.
        DEFINITIONS

     

    a.  "Award"
      shall
      mean a cash award granted under the Plan to a Participant by the Committee
      pursuant to such terms, conditions, restrictions and/or limitations, if any,
      as
      the Committee may establish. 

     

    b.  "Beneficiary"
      shall
      mean the beneficiary or beneficiaries designated in accordance with Section
      XII
      to receive any amount payable under the Plan after the death of a
      Participant.

     

    c.  "Board"
      shall
      mean the Board of Directors of the Company.

     

    d.  "CEO"
      shall
      mean the Chief Executive Officer of the Company.

     

    e.  "Code"
      shall
      mean the Internal Revenue Code of 1986, as amended.

     

    f.  "Committee"
      shall
      mean the Compensation Committee of the Board (or subcommittee thereof),
      consisting of not less than two Board members each of whom shall be (i) a
      "non-employee director" as defined in Rule 16b-3 of the Securities Exchange
      Act
      of 1934, as amended, and (ii) an "outside director" as defined in the
      regulations under Section 162(m) of the Code. 

     

    g.  "Company"
      shall
      mean Alltel Corporation, a Delaware corporation, its successors and survivors
      resulting from any merger or acquisition of Alltel Corporation with or by any
      other corporation or other entity or enterprise.

     

    h.  "Covered
      Employee"
      shall
      mean a Participant who the Committee deems likely to have compensation for
      the
      Plan Year which would be non-deductible by the Company under 

     

    
      
        1

      

      
        
        

        
          

        

      

      
        
        

      

       

       

      Section
        162(m) of the Code if the Company did not comply with the provisions of Section
        162(m) of the Code and the regulations thereunder with respect to such
        compensation.

    

     

    i.  "Disability"
      shall
      mean incapacity resulting in the Participant’s being unable to engage in gainful
      employment at his usual occupation by reason of any medically demonstrable
      physical or mental condition, excluding, however, incapacity contracted,
      suffered or incurred while the Participant was engaged in, or which resulted
      from having engaged in, a felonious enterprise; incapacity resulting from or
      consisting of chronic alcoholism or addiction to drugs or abuse; and incapacity
      resulting from an intentionally self-inflicted injury or illness.

     

    j.  "Effective
      Date"
      shall
      mean January 1, 2006.

     

    k.  "Eligible
      Employee"
      shall
      mean any officer or key management employee of the Company or a Subsidiary
      who
      is a regular full-time employee of the Company or a Subsidiary. A director
      of
      the Company or a Subsidiary is not an Eligible Employee unless he is also a
      regular full-time salaried employee of the Company or a Subsidiary. A
      "full-time" employee means any employee who is customarily employed more than
      20
      hours per week and at least six months per year.

     

    l.  "Participant"
      shall
      mean any Eligible Employee who is approved by the Committee for participation
      in
      the Plan for the Plan Year with respect to which an Award may be made and which
      has not been paid, forfeited or otherwise terminated or satisfied under the
      Plan.

     

    m.  "Payout
      Formula" shall
      mean the formula established by the Committee for determining Awards for a
      Plan
      Year based on the level of achievement of the Performance Objectives for the
      Plan Year. 

     

    n.  "Performance
      Objectives"
      means
      the measurable performance objective or objectives established pursuant to
      the
      Plan for Participants. Performance Objectives may be described in terms of
      Company-wide objectives or objectives that are related to the performance of
      the
      individual Participant or of the Subsidiary, division, department, region or
      function within the Company or Subsidiary in which the Participant is employed.
      The Performance Objectives may be made relative to the performance of other
      corporations. The Performance Objectives applicable to any Award to a Covered
      Employee that is intended to qualify for the performance-based compensation
      exception to Section 162(m) of the Code shall be based on specified levels
      of
      growth in one or more of the following criteria: revenues, weighted average
      revenue per unit, earnings from operations, operating income, earnings before
      or
      after interest and taxes, operating income before or after interest and taxes,
      net income, cash flow, earnings per share, debt to capital ratio, economic
      value
      added, return on total capital, return on invested capital, return on equity,
      return on assets, total return to stockholders, earnings before or after
      interest, taxes, depreciation, amortization or extraordinary or special items,
      operating income before or after interest, taxes, depreciation, amortization
      or
      extraordinary or special items, return on investment, free cash flow, cash
      flow
      return on investment (discounted or otherwise), net cash provided by operations,
      cash flow in excess of cost of capital, operating margin, profit margin,
      contribution margin, stock price and/or strategic business criteria consisting
      of one or more objectives based on meeting specified product development,
      strategic partnering, research and development, market penetration, geographic
      business expansion goals, cost targets, customer satisfaction,

     

    
      
        2

      

      
        
        

        
          

        

      

      
        
        
gross
        or
        net additional customers, average customer life, employee satisfaction,
        management of employment practices and employee benefits, supervision of
        litigation and information technology, and goals relating to acquisitions
        or
        divestitures of subsidiaries, affiliates and joint ventures. Performance
        Objectives may be stated as a combination of the listed factors.

    

     

    
       

    

    o.  "Plan"
      shall
      mean the Alltel Corporation Performance Incentive Compensation Plan, as set
      forth in this instrument, as amended from time to time.

     

    p.  "Plan
      Year"
      shall
      mean the Company’s fiscal year for tax and financial reporting purposes, or such
      other period as determined by the Committee in its discretion, to be used to
      measure actual performance against Performance Objectives and to determine
      the
      amount of Awards for Participants.

     

    q.  "Retirement"
      shall
      mean the Participant’s termination of employment with the Company and/or all
      Subsidiaries for any reason other than death after either: (i) attaining
      age fifty-five and completing twenty (20) or more "Vesting Years of Service";
      (ii) attaining age sixty (60) and completing fifteen (15) or more "Vesting
      Years of Service"; or (iii) satisfying the conditions specified for
      eligibility for "retirement" under a written employment contract between the
      Participant and the Company and/or a Subsidiary. For purposes of the immediately
      preceding sentence, "Vesting Years of Service" shall have the meaning given
      it
      under the terms of the Alltel Corporation Pension Plan (as Amended and Restated
      Effective January 1, 1989), as in effect on January 1, 2006. 

     

    r.  "Subsidiary"
      shall
      mean a corporation of which fifty percent (50%) or more of the issued and
      outstanding voting stock is owned (directly or indirectly) by the
      Company.

     

     

    III.
        ADMINISTRATION

     

    a.  Administration
      of the Plan shall be by the Committee, which shall, in applying and interpreting
      the provisions of the Plan, have full power and authority to construe, interpret
      and carry out the provisions of the Plan. All decisions, interpretations and
      actions of the Committee under the Plan shall be at the Committee's sole and
      absolute discretion and shall be final, conclusive and binding upon all parties.
      The generality of the provisions of the immediately preceding sentence shall
      not
      be deemed to be limited by any reference to the Committee's discretion in any
      other provision of the Plan. The Committee may delegate to the CEO or other
      officers, subject to such terms as the Committee shall determine, authority
      to
      perform certain functions, including administrative functions, except that
      the
      Committee shall retain exclusive authority to determine matters relating to
      Awards to the CEO and other individuals who are Covered Employees. In the event
      of such delegation, all references to the Committee in this Plan shall be deemed
      references to such officers as it relates to those aspects of the Plan that
      have
      been delegated.

     

    b.  No
      member
      of the Committee shall be jointly or severally liable by reason of any contract
      or other instrument executed by him or on his behalf in his capacity as a member
      of the Committee, nor for any mistake of judgment made in good faith, and the
      Company shall indemnify and hold harmless each member of the Committee and
      each
      other officer, employee 

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

       

      and
        director of the Company to whom any duty or act relating to the administration
        of the Plan may be allocated or delegated, against any cost or expense
        (including counsel fees) or liability (including any sum paid in settlement
        of
        the claim with the approval of the Board) arising out of any act or omission
        to
        act in connection with the Plan, unless arising out of such person’s or persons'
        own fraud or bad faith.

    

     

    c.  The
      existence of this Plan or any Award or other right granted hereunder will not
      affect the authority of the Company or the Committee to take any other action,
      including in respect of the grant or award of any annual or long-term bonus
      or
      other right or benefit, whether or not authorized by this Plan, subject only
      to
      limitations imposed by applicable law. 

     

     

    IV.
        ELIGIBILITY
      FOR PARTICIPATION

     

    a.  As
      soon
      as practicable after the beginning of each Plan Year, the Committee shall
      designate those Eligible Employees who shall participate in the Plan for the
      current Plan Year (or, if a person becomes an Eligible Employee after the
      beginning of the Plan Year, he shall be designated as a Participant as soon
      as
      practicable after he becomes an Eligible Employee). In determining which
      Eligible Employees shall participate for any given Plan Year, the Committee
      shall consider the recommendations of the CEO. Each Eligible Employee shall
      be
      notified of his participation in the Plan as soon as practicable after approval
      of his participation for any Plan Year (or portion thereof) for which his
      participation has been approved. An Eligible Employee who is a Participant
      for a
      given Plan Year is neither guaranteed nor assured of being selected for
      participation in any subsequent Plan Year. 

     

    b.  Notwithstanding
      anything contained in Section IV(a) to the contrary, individuals who are Covered
      Employees shall be designated by the Committee to participate in the Plan no
      later than 90 days following the beginning of the Plan Year or before 25% of
      the
      Plan Year has elapsed, whichever is earlier. 

     

     

    V.
        DETERMINATION
      OF AWARDS

     

    a.  The
      Committee shall establish the Performance Objectives and Payout Formulas for
      each Participant during the first quarter of each Plan Year and notify each
      Participant in writing of his or her Payout Formulas and Performance Objectives.
      In determining the applicable Payout Formulas or Performance Objectives other
      than for the CEO, the Committee shall consider the recommendations of the CEO.
      The Performance Objectives and Payout Formulas established by the Committee
      need
      not be uniform with respect to any or all Participants. The Committee may also
      make Awards to newly hired or newly promoted executives without compliance
      with
      such timing and other limitations as provided herein, which Awards may be based
      on performance during less than the full Plan Year and may be pro rated in
      the
      discretion of the Committee.

     

    b.  Participants
      must achieve the Performance Objectives established by the Committee in order
      to
      receive an Award under the Plan. However, the Committee may 

     

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

       

      determine
        that only the threshold level relating to a Performance Objective must be
        achieved for Awards to be paid under the Plan. Similarly, the Committee may
        establish a minimum threshold performance level, a maximum performance level,
        and one or more intermediate performance levels or ranges, with target award
        levels or ranges that will correspond to the respective performance levels
        or
        ranges included in the Payout Formula.

    

     

    c.  The
      Committee may establish multiple Performance Objectives with respect to a single
      Participant. If more than one Performance Objective is selected by the Committee
      for a Plan Year, the Performance Objectives will be weighted by the Committee
      to
      reflect their relative importance to the Company in the applicable Plan Year.
      If
      the Committee establishes a threshold level of achievement with respect to
      multiple Performance Objectives, Awards will be paid under the Plan upon
      achievement of threshold levels of one or more of the specified Performance
      Objectives.

     

    d.  The
      Committee may in its sole discretion modify such Payout Formulas, Performance
      Objectives or the related minimum acceptable level of achievement, in whole
      or
      in part, as the Committee deems appropriate and equitable (i) to reflect a
      change in the business, operations, corporate structure or capital structure
      of
      the Company or its Subsidiaries, the manner in which it conducts its business,
      or other events or circumstances or (ii) in the event that a Participant's
      responsibilities materially change during a Plan Year or the Participant is
      transferred to a position that is not designated or eligible to participate
      in
      the Plan. 

     

    e.  Notwithstanding
      anything contained in this Section IV to the contrary, the Committee shall
      establish the Performance Objectives (including the relative weight of multiple
      Performance Objectives) and Payout Formulas for each Covered Employee not later
      than 90 days following the beginning of the Plan Year or before 25% of the
      Plan
      Year has elapsed, whichever is earlier. Furthermore, the Committee shall not
      modify the Performance Objectives (including the relative weight of multiple
      Performance Objectives) and Payout Formulas applicable to a Covered Employee
      to
      the extent that such action would result in the loss of the otherwise available
      exemption of the Award under Section 162(m) of the Code.

     

    f.  Notwithstanding
      any other provision of the Plan to the contrary, in no event shall an Award
      paid
      to any Participant for a Plan Year exceed $7,000,000.

     

     

    VI.
        CERTIFICATION
      OF ACHIEVEMENT

     

    a.  Promptly
      following the end of each Plan Year, the Committee shall meet to certify
      achievement of the Performance Objectives for the applicable Plan Year and,
      if
      such Performance Objectives have been achieved, to review management
      recommendations and approve actual Awards under the Plan pursuant to the
      applicable Payout Formulas. Such certification of achievement of the Performance
      Objectives of a Covered Employee shall be documented in writing (and otherwise
      conform to the requirements of applicable regulations under Section 162(m)
      of
      the Code) prior to the payout of such Award to a Covered Employee.

     

    b.  If
      a
      Participant's employment with the Company and its Subsidiaries is terminated
      before the last day of a Plan Year due to Disability, death, or Retirement,
      the
      Participant's Award 

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

       

      shall
        be
        pro rated on the basis of the ratio of the number of days of participation
        during the Plan Year to which the Award relates to the aggregate number of
        days
        in such Plan Year. If a Participant's employment with the Company and its
        Subsidiaries is terminated before the last day of a Plan Year for any other
        reason, then, unless otherwise determined by the Committee, such Participant
        shall become ineligible to participate in the Plan and shall not receive
        payment
        of any Award for any Plan Year that has not ended prior to the Participant’s
        termination of employment. 

    

     

    c.  Notwithstanding
      any contrary provision of this Plan, the Committee in its sole discretion may
      (i) eliminate or reduce the amount of any Award payable to any Participant
      below
      that which otherwise would be payable under the Payout Formula, and (ii) except
      in the case of a Covered Employee, increase the amount of any Award payable
      to
      any Participant above that which otherwise would be payable under the Payout
      Formula to recognize a Participant's individual performance or in other
      circumstances deemed appropriate by the Committee. 

     

     

    VII.
        PAYMENT
      OF AWARDS

     

                            
      Subject to Section VI hereof, Awards shall be paid as soon as practicable after
      the close of the Plan Year, but in no event later than 75 days after the end
      of
      the Plan Year to which the Awards relate. Notwithstanding the foregoing, the
      Committee may, in its sole discretion and upon such terms and conditions as
      it
      may establish, direct that payments to the Participants (other than Covered
      Employees) be made during December of the Plan Year in the amount of all or
      any
      portion specified by the Committee of the estimated Award for that Plan Year,
      subject to adjustment as soon as practicable after the end of the Plan Year
      and
      the determination of the exact amount of the Award therefore.

     

     

    VIII.
        AMENDMENT
      AND TERMINATION OF PLAN

     

    a.  The
      Board
      reserves the right, at any time, to amend, suspend or terminate the Plan, in
      whole or in part, in any manner, and for any reason, and without the consent
      of
      any Participant, Eligible Employee or Beneficiary or other person; provided,
      that no such amendment, suspension or termination shall adversely affect the
      payment of any amount for a Plan Year ending prior to the action of the Board
      amending, suspending or terminating the Plan.

     

    b.  It
      is the
      intention of the Company that the Plan qualify for the performance-based
      compensation exception of Section 162(m) of the Code and the short-term deferral
      exception of Section 409A of the Code. The Plan and any Awards hereunder shall
      be administrated in a manner consistent with this intent, and any provision
      that
      would cause the Plan or any Awards hereunder to fail to satisfy either such
      exception shall have no force and effect until amended to so comply (which
      amendment may be retroactive and may be made by the Company without the consent
      of any Participant, Eligible Employee or Beneficiary or other
      person).

     

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    IX.
        GOVERNING
      LAW

     

    The
      provisions of the Plan shall be governed and construed in accordance with the
      laws of the State of Delaware.

     

     

    X.
        MISCELLANEOUS
      PROVISIONS

     

    Nothing
      contained in the Plan shall give any employee the right to be retained in the
      employment of the Company or a Subsidiary or affect the right of the Company
      or
      a Subsidiary to dismiss any employee. The Plan shall not constitute a contract
      between the Company or a Subsidiary and any employee. No Participant shall
      receive any right to be granted an Award hereunder. No Award shall be considered
      as compensation under any employee benefit plan of the Company or a Subsidiary,
      except as may be otherwise provided in such employee benefit plan. No reference
      in the Plan to any other plan or program maintained by the Company shall be
      deemed to give any Participant or other person a right to benefits under such
      other plan or program. The Company and its Subsidiaries shall have the right
      to
      deduct from all payments made to any person under the Plan any federal, state,
      local, foreign or other taxes which, in the opinion of the Company and its
      Subsidiaries are required to be withheld with respect to such
      payments.

     

     

    XI.
        NO
      ALIENATION OF BENEFITS

     

    Except
      insofar as may otherwise be required by law, no amount payable at any time
      under
      the Plan shall be subject in any manner to alienation by anticipation, sale,
      transfer, assignment, bankruptcy, pledge, attachment, charge or encumbrance
      of
      any kind, nor in any manner be subject to the debts or liabilities of a
      Participant or Beneficiary, and any attempt to so alienate or subject any such
      amount, whether presently or thereafter payable, shall be void. 

     

     

    XII.
        DESIGNATION
      OF BENEFICIARIES

     

    a.  Each
      Participant shall file with the Company a written designation of one or more
      persons as the Beneficiary who shall be entitled to receive any Award payable
      under the Plan after his death. A Participant may from time to time, revoke
      or
      change his Beneficiary designation without the consent of any prior Beneficiary
      by filing a new designation with the Company.

     

    b.  The
      last
      such designation received by the Company shall be controlling; except that
      no
      designation, or change or revocation thereof, shall be effective unless received
      by the Company prior to the Participant's death, and in no event shall it be
      effective as of the date prior to such receipt.

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

    c.  If
      no
      designation is in effect at the time of a Participant's death, or if no
      designated Beneficiary survives the Participant, or if such designation, in
      the
      Company's discretion, conflicts with applicable law, the Participant's estate
      shall be deemed to have been designated his Beneficiary and shall receive any
      Award payable under the Plan after his death.

     

     

    XIII.
        PAYMENTS
      TO PERSON OTHER THAN PARTICIPANT

     

    If
      the
      Committee shall find that a Participant or his Beneficiary to whom an Award
      is
      payable under the Plan is unable to care for his affairs because of illness
      or
      accident, or is a minor, or has died, then any payment due him or his estate
      (unless a prior claim therefore has been made by a duly appointed
      representative) may, if the Committee so directs, be paid to his spouse, child,
      a relative, an institution maintaining custody of such person or any other
      person deemed by the Committee to be a proper recipient on behalf of such person
      otherwise entitled to payment. Any such payment shall be a complete discharge
      of
      the liability of the Plan, the Company and the Committee therefore.

     

     

    XIV.
        NO
      RIGHT, TITLE OR INTEREST IN COMPANY’S ASSETS

     

    No
      Participant or Beneficiary shall have any right, title or interest whatsoever
      in
      or to any investments which the Company or a Subsidiary may make to aid it
      in
      meeting its obligations under the Plan. Nothing contained in the Plan, and
      no
      action taken pursuant to its provisions, shall create, or be construed to
      create, a trust of any kind, or fiduciary relationship between the Company
      or a
      Subsidiary and any Participant or Beneficiary or any other person. To the extent
      that any person acquires a right to receive payments from the Company under
      the
      Plan, such rights shall be no greater than the right of an unsecured general
      creditor of the Company. All payments to be made hereunder shall be paid from
      the general funds of the Company, and no special or separate funds shall be
      established, and no segregation of assets shall be made, to assure payment
      thereof.

     

     

    XV.
        EFFECT
      OF AMENDMENT AND RESTATEMENT

     

    All
      matters regarding the Alltel Corporation Performance Incentive Compensation
      Plan
      with respect to periods prior to the Effective Date shall be determined under
      the provisions of the Alltel Corporation Performance Incentive Compensation
      Plan
      as it existed prior to the adoption of this amended and restated version of
      the
      Plan (the "Prior Plan"), as the Prior Plan was in effect from time to time
      with
      respect to relevant periods prior to the Effective Date and as the Prior Plan
      provisions may be amended from time to time. In no event shall any person
      acquire any rights to receive any payment pursuant to the provisions of the
      Prior Plan with respect to any period beginning after December 31,
      2005.

     

     

    
      
        
        

      

      
        8

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