Document:

EXHIBIT
10.59

THE CORPORATEPLAN

  FOR RETIREMENTSM

 

(PROFIT SHARING/401(K) PLAN)

A
FIDELITY PROTOTYPE PLAN

Non-Standardized
Adoption Agreement No. 001 

For use With

Fidelity Basic Plan Document No. 02

 

 

 

 

 

 

ADOPTION
AGREEMENT 

ARTICLE 1

NON-STANDARDIZED PROFIT SHARING/401(K) PLAN

1.01        PLAN INFORMATION

(a)           Name of Plan:

This is the Amphenol Corporation Employee Savings/401(k) Plan (the “Plan”)

(b)           Type of Plan:

(1)           x           401(k) Only

(2)           o            401(k) and Profit Sharing

(3)           o            Profit
Sharing Only

(c)           Administrator Name (if not
the Employer):

Address:

Telephone Number:

The Administrator is the agent for service of legal process for the
Plan.

(d)           Plan Year End (month/day):             12/31

(e)           Three Digit Plan Number:                010

(f)            Limitation Year (check one):

(1)           o            Calendar Year

(2)           x           Plan Year

(3)           o            Other:

(g)           Plan Status (check appropriate box(es)):

(1)           o            New Plan Effective Date:

(2)           x
        Amendment Effective Date:                  5/8/2003

This is (check one):

 

 

 

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(A)                               x   an
amendment and restatement of a Basic Plan Document No. 02 Adoption
Agreement previously executed by the Employer; or

(B)                               o    a conversion to a Basic Plan Document No. 02
Adoption Agreement.

The original effective date
of the Plan:     1/1/1990

(3)                                 x   This is an amendment and restatement of the
Plan and the Plan was not amended prior to the effective date specified in
Subsection 1.01(g)(2) above to comply with the requirements of the Acts
specified in the Snap Off Addendum to the Adoption Agreement. The provisions
specified in the Snap Off Addendum are effective as of the dates specified in
the Snap Off Addendum, which dates may be prior to the Amendment Effective
Date. Please read and complete, if necessary, the Snap Off Addendum to the
Adoption Agreement.

(4)                                 o    Special Effective Dates—Certain provisions of the Plan shall be
effective as of a date other than the date specified above. Please complete the
Special Effective Dates Addendum to the Adoption Agreement indicating the
affected provisions and their effective dates.

(5)                                 o    Plan Merger Effective Dates. Certain plan(s) were merged into the
Plan and certain provisions of the Plan are effective with respect to the
merged plan(s) as of a date other than the date specified above. Please
complete the Special Effective Dates Addendum to the Adoption Agreement
indicating the plan(s) that have merged into the Plan and the effective
date(s) of such merger(s).

1.02        EMPLOYER

(a)           Employer Name:                   Amphenol
Corporation

Address:                                358 Hall Avenue
                                                                                  Wallingford,
CT 06492

Contact’s Name:                   Ms. Lily Mao

Telephone Number:             (203) 265-8764

(1)           Employer’s
Tax Identification Number:                            22-2785165

(2)           Employer’s
fiscal year end:                                                12/31

(3)           Date
business commenced:                                                12/19/1986

 

 

 

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(b)                                  The term “Employer” includes the
following Related Employer(s) (as defined in Subsection 2.01(rr)) (list each participating Related Employer and
its Employer Tax Identification Number):

	
   

  	
  Employer:

  	
   

  	
  Tax ID:

  	
   

  	
  Designation:

  
	
   

  	
  Amphenol
  Interconnect Products Corporation

  	
   

  	
  06-1237121

  	
   

  	
  Related (controlled group)

  
	
   

  	
  Sine Systems
  Corporation

  	
   

  	
  06-1274360

  	
   

  	
  Related (controlled group)

  
	
   

  	
  Amphenol
  Optimize Manufacturing Co.

  	
   

  	
  86-0503978

  	
   

  	
  Related (controlled group)

  
	
   

  	
  Times Fiber
  Communications, Inc.

  	
   

  	
  06-0955048

  	
   

  	
  Related (controlled group)

  
	
   

  	
  Amphenol Connex
  Corporation

  	
   

  	
  10-0007733

  	
   

  	
  Related (controlled group)

  

 

1.03        TRUSTEE

(a)           Trustee Name:     Fidelity
Management Trust Company

Address:                82 Devonshire Street
                                                                Boston,
MA 02109

1.04        COVERAGE

All Employees who meet the conditions specified
below shall be eligible to participate in the Plan:

(a)           Age Requirement (check one):

(1)           x           no
age requirement.

(2)           o           must have attained age:               (not to
exceed 21).

(b)           Eligibility Service
Requirement

(1)           Eligibility to Participate in Plan (check one):

(A)          x           no Eligibility Service requirement.

(B)          o            (not to exceed 11)
months of Eligibility Service requirement 
                                (no
minimum number Hours of Service can be required).

(C)          o            one year of Eligibility Service
requirement (at least 1,000 Hours 
                                of Service
are required during the Eligibility Computation Period).

(D)          o            two years of Eligibility Service
requirement (at least 1,000 Hours 
                                of Service
are required during each Eligibility Computation Period).
                                (Do not select if Option
1.01(b)(1), 401(k)
                                Only, is
checked, unless a different Eligibility Service requirement
                                applies to
Deferral Contributions under Option 1.04(b)(2).)

Note: If the
Employer selects the two year Eligibility Service requirement, then
contributions subject to such Eligibility Service requirement must be 100%
vested when made.

 

 

 

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(2)                                                         o    Special Eligibility Service requirement for Deferral Contributions
and/or 
        Matching Employer Contributions:

(A)                               The special Eligibility Service requirement
applies to (check the appropriate box(es)):

(i)            o            Deferral
Contributions.

(ii)           o            Matching
Employer Contributions.

(B)                               The special Eligibility Service requirement
is:                         (Fill in (A),
(B), or (C) from Subsection 1.04(b)(1) above).

(c)           Eligible Class of
Employees (check one):

Note: The Plan
may not cover employees who are residents of Puerto Rico. These employees 
                are automatically excluded
from the eligible class, regardless of the Employer’s selection under 
                this Subsection 1.04(c).

(1)           o            includes all Employees of the
Employer.

(2)           x           includes all Employees of the
Employer except for (check the 
                                appropriate
box(es)):

(A)          o            employees
covered by a collective bargaining agreement.

(B)          o            Highly
Compensated Employees as defined in Code Section 414(q).

(C)          x           Leased Employees as defined in Subsection
2.01(cc).

(D)                               x   nonresident
aliens who do not receive any earned income from the Employer which constitutes
United States source income.

(E)                                 x   other:   1)
An Employee of a division, location or business unit of an Employer that does
not participate in the plan (The following divisions, locations, or business
units of Amphenol Corporation participate in the plan: Amphenol Aerospace
Operations-except for Amphenol Backplane Systems division: Amphenol RFDanbury;
Amphenol Spectra Strip Operations; Amphenol Fiber Optic Products; Amphenol
Severna Operations; Amphenol-Tuchel Electronics; Amphenol Phoenix
Interconnect.) Without limitation, Amphenol AssembleTechHouston and Lake Wales,
Florida and Amphenol Precision Cable Manufacturing are not participating
divisions, locations or business units of an Employer. 2). Employees covered by
collective bargaining agreement unless such agreement expressly provides for
participation in this plan.

Note: The
Employer should exercise caution when excluding employees from participation in
the Plan. Exclusion of employees may adversely affect the Plan’s satisfaction
of the minimum coverage requirements, as provided in Code Section 410(b).

 

 

 

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(d)           The Entry Dates shall be
(check one):

(1)                                 o    immediate
upon meeting the eligibility requirements specified in Subsections 1.04(a),
(b), and (c).

(2)                                 o    the
first day of each Plan Year and the first day of the seventh month of each Plan
Year.

(3)                                 o    the
first day of each Plan Year and the first day of the fourth, seventh, and tenth
months of each Plan Year.

(4)                                 x   the
first day of each month.

(5)                               o    the first day of each Plan Year. (Do not select if there is an Eligibility Service
requirement of more than six months in Subsection 1.04(b) or if there
is an age requirement of more than 20-1/2 in Subsection 1.04(a).)

(e)                                  o            Special Entry Date(s)—In addition to
the Entry Dates specified in Subsection 1.04(d) above, the following special
Entry Date(s) apply for Deferral and/or Matching Employer Contributions. (Special Entry Dates may only be selected if
Option 1.04(b)(2), special Eligibility Service requirement, is checked.
The same Entry Dates must be selected for contributions that are subject to the
same Eligibility Service requirements.)

(1)           The
special Entry Date(s) shall apply to (check the appropriate box(es)):

(A)          o            Deferral
Contributions.

(B)          o            Matching
Employer Contributions.

(2)                                 The special Entry Date(s) shall be:
     (Fill in (1), (2), (3), (4), or (5) from
Subsection 1.04(d) above).

(f)                                    Date of Initial Participation—An Employee shall become a Participant unless
excluded by Subsection 1.04(c) above on the Entry Date immediately
following the date the Employee completes the service and age requirement(s) in
Subsections 1.04(a) and (b), if any, except (check one):

(1)                                 x           no
exceptions.

(2)                                 o            Employees
employed on the Effective Date in Subsection 1.01(g)(1) or (2) shall
become Participants on that date.

(3)                               o            Employees who meet the age and
service requirement(s) of Subsections 1.04(a) and (b) on the
Effective Date in Subsection 1.01(g)(1) or (2) shall become
Participants on that date.

 

 

 

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1.05        COMPENSATION

Compensation for purposes of determining contributions shall be as
defined in Section 5.02, modified as provided below.

(a)                                  Compensation Exclusions: Compensation shall exclude the item(s) listed
below for purposes of determining Deferral Contributions, Employee
Contributions, if any, and Qualified Nonelective Employer Contributions, or, if
Subsection 1.01(b)(3), Profit Sharing Only, is selected, Nonelective
Employer Contributions. Unless otherwise indicated in Subsection 1.05(b),
these exclusions shall also apply in determining all other Employer-provided
contributions. (Check the appropriate box(es); Options (2), (3), (4), (5),
and (6) may not be elected with respect to Deferral Contributions if
Option 1.10(a)(3), Safe Harbor Matching Employer Contributions, is
checked):

(1)           o            No exclusions.

(2)           o            Overtime Pay.

(3)           o            Bonuses.

(4)           o            Commissions.

(5)                                 x           The
value of a qualified or a non-qualified stock option granted to an Employee by
the Employer to the extent such value is includable in the Employee’s taxable
income.

(6)           o            Severance
Pay.

(b)                                  Special Compensation Exclusions
for Determining Employer-Provided Contributions in Article 5 (either (1) or (2) may be selected,
but not both):

(1)                                 o            Compensation
for purposes of determining Matching, Qualified Matching, and Nonelective Employer
Contributions shall exclude:             (Fill
in number(s) for item(s) from Subsection 1.05(a) above that
apply.)

(2)                                 o            Compensation
for purposes of determining Nonelective Employer Contributions only shall exclude:
     (Fill in number(s) for item(s) from
Subsection 1.05(a) above that apply.)

Note: If the
Employer selects Option (2), (3), (4), (5), or (6) with respect to
Nonelective Employer Contributions, Compensation must be tested to show that it
meets the requirements of Code Section 414(s) or 401(a)(4). These
exclusions shall not apply for purposes of the “Top Heavy” requirements in
Section 15.03, for allocating safe harbor Matching Employer Contributions
if Subsection 1.10(a)(3) is selected, for allocating safe harbor
Nonelective Employer Contributions if Subsection 1.11(a)(3) is selected,
or for allocating non-safe harbor Nonelective Employer Contributions if the
Integrated Formula is elected in Subsection 1.11(b)(2).

(c)                                  Compensation for the First Year
of Participation—Contributions
for the Plan Year in which an Employee first becomes a Participant shall be
determined based on the Employee’s Compensation (check one):

(1)                                 o    for
the entire Plan Year.

(2)                                 x   for
the portion of the Plan Year in which the Employee is eligible to participate
in the Plan.

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Note: If the
initial Plan Year of a new Plan consists of fewer than 12 months from the
Effective Date in  Subsection 1.01(g)(1) through
the end of the initial Plan Year, Compensation for purposes of determining the
amount of contributions, other than non-safe harbor Nonelective Employer
Contributions, under the Plan shall be the period from such Effective Date
through the end of the initial year. However, for purposes of determining the
amount of non-safe harbor Nonelective Employer Contributions and for other Plan
purposes, where appropriate, the full 12-consecutive-month period ending
on the last day of the initial Plan Year shall be used.

1.06        TESTING RULES

(a)                                  ADP/ACP Present Testing Method—The testing method for purposes of applying
the “ADP” and “ACP” tests described in Sections 6.03 and 6.06 of the Plan shall
be the (check one):

(1)                                 x   Current
Year Testing Method - The “ADP” or “ACP” of Highly Compensated Employees for the
Plan Year shall be compared to the “ADP” or “ACP” of Non-Highly Compensated
Employees for the same Plan Year. (Must choose if Option
1.10(a)(3), Safe Harbor Matching Employer Contributions, or Option 1.11(a)(3),
Safe Harbor Formula, with respect to Nonelective Employer Contributions is
checked.)

(2)                                 o    Prior Year Testing Method - The “ADP” or “ACP”
of Highly Compensated Employees for the Plan Year shall be compared to the “ADP”
or “ACP” of Non-Highly Compensated Employees for the immediately preceding Plan
Year. (Do not choose if Option 1.10(a)(3),
Safe Harbor Matching Employer Contributions, or Option 1.11(a)(3), Safe
Harbor Formula, with respect to Nonelective Employer Contributions is checked.)

(3)                                 o    Not applicable. (Only
if Option 1.01(b)(3), Profit Sharing Only, is checked or Option 1.04(c)(2)(B),
excluding all Highly Compensated Employees from the eligible class of Employees,
is checked.)

Note:
Restrictions apply on elections to change testing methods that are made after
the end of the GUST remedial amendment period.

(b)                                  First Year Testing Method—If the first Plan Year that the Plan, other
than a successor plan, permits Deferral Contributions or provides for either
Employee or Matching Employer Contributions, occurs on or after the Effective
Date specified in Subsection 1.01(g), the “ADP” and/or “ACP” test for such
first Plan Year shall be applied using the actual “ADP” and/or “ACP” of
Non-Highly Compensated Employees for such first Plan Year, unless otherwise
provided below.

(1)                                 o    The “ADP”
and/or “ACP” test for the first Plan Year that the Plan permits Deferral
Contributions or provides for either Employee or Matching Employer
Contributions shall be applied assuming a 3% “ADP” and/or “ACP” for Non-Highly
Compensated Employees. (Do not choose unless Plan
uses prior year testing method described in Subsection 1.06(a)(2).)

(c)                                  HCE Determinations: Look Back
Year—The look back year
for purposes of determining which Employees are Highly Compensated Employees
shall be the 12-consecutive-month period preceding the Plan Year, unless
otherwise  provided below.

(1)                                 o    Calendar Year Determination—The
look back year shall be the calendar year beginning within the preceding Plan
Year. (Do not choose if the Plan Year is the
calendar year.)

 

 7
 

 

 

(d)                                  HCE Determinations: Top Paid
Group Election—All
Employees with Compensation exceeding $80,000 (as indexed) shall be considered
Highly Compensated Employees, unless Top Paid Group Election below is checked.

(1)                               x           Top Paid Group Election—Employees
with Compensation exceeding $80,000 (as indexed) shall be considered Highly
Compensated Employees only if they are in the top paid group (the top 20% of Employees
ranked by Compensation).

Note: Effective for determination years beginning
on or after January 1, 1998, if the Employer elects Option 1.06(c)(1) and/or
1.06(d)(1), such election(s) must apply consistently to all retirement
plans of the Employer for determination years that begin with or within the
same calendar year (except that Option 1.06(c)(1), Calendar Year
Determination, shall not apply to calendar year plans).

1.07        DEFERRAL CONTRIBUTIONS

(a)                                  x           Deferral Contributions—Participants may elect to have a portion of their Compensation
contributed to the Plan on a before-tax basis pursuant to Code Section 401(k).

(1)                                 Regular Contributions—The Employer shall make a Deferral
Contribution in accordance with Section 5.03 on behalf of each Participant
who has an executed salary reduction agreement in effect with the Employer for
the payroll period in question, not to exceed 60% of Compensation for that
period.

Note: For
Limitation Years beginning prior to 2002, the percentage elected above must be
less than 25% in order to satisfy the limitation on annual additions under Code
Section 415 if other types of contributions are provided under the Plan.

(A)                               o Instead of specifying a percentage of
Compensation, a Participant’s salary reduction agreement may specify a dollar
amount to be contributed each payroll period, provided such dollar amount does
not exceed the maximum percentage of Compensation specified in Subsection 1.07(a)(1)
above.

(B)                               A Participant may increase or decrease, on a
prospective basis, his salary reduction agreement percentage (check one):

(i)                                    o    as of
the beginning of each payroll period.

(ii)                                x   as of
the first day of each month.

(iii)                            o    as of
the next Entry Date.          (Do not select if immediate entry is elected with respect
to Deferral Contributions in Subsection 1.04(d) or 1.04(e).)

(iv)                               o    other.
(Specify, but must be at least once per Plan Year)

Note:
Notwithstanding the Employer’s election hereunder, if Option 1.10(a)(3),
Safe Harbor Matching Employer Contributions, or 1.11(a)(3), Safe Harbor
Formula, with respect to Nonelective Employer Contributions is checked, the
Plan provides that an Active Participant may

 

 

 8
 

 

 

change his salary reduction agreement percentage for the Plan Year
within a reasonable period (not fewer than 30 days) of receiving the
notice described in Section 6.10.

(C)                               A Participant may revoke, on a prospective
basis, a salary reduction agreement at any time upon proper notice to the
Administrator but in such case may not file a new salary reduction agreement until
(check one):

(i)            o            the first day of the next Plan Year.

(ii)                                x           any subsequent Entry Date. (Do not select if immediate entry is elected with respect
to Deferral Contributions in Subsection 1.04(d) or 1.04(e).)

(iii)          o            other.
(Specify, but must be at least once per Plan Year)

(2)                                 x           Additional
Deferral Contributions—The Employer may allow Participants upon
proper notice and approval to enter into a special salary reduction agreement
to make additional Deferral Contributions in an amount up to 100% of their
Compensation for the payroll period(s) designated by the Employer.

(3)                                 x           Bonus
Contributions—The Employer may allow Participants upon
proper notice and approval to enter into a special salary reduction agreement
to make Deferral Contributions in an amount up to 100% of any Employer paid
cash bonuses designated by the Employer on a uniform and non discriminatory
basis that are made for such Participants during the Plan Year. The
Compensation definition elected by the Employer in Subsection 1.05 (a) must
include bonuses if bonus contributions are permitted.

Note: A
Participant’s contributions under Subsection 1.07(a)(2) and/or (3) may
not cause the Participant to exceed the percentage limit specified by the
Employer in Subsection 1.07(a)(1) for the full Plan Year. If the
Administrator anticipates that the Plan will not satisfy the “ADP” and/or “ACP”
test for the year, the Administrator may reduce the rate of Deferral
Contributions of Participants who are Highly Compensated Employees to an amount
objectively determined by the Administrator to be necessary to satisfy the “ADP”
and/or “ACP” test.

1.08        EMPLOYEE CONTRIBUTIONS
(AFTER-TAX CONTRIBUTIONS)

(a)                                  o            Employee Contributions—Either (1) Participants
will be permitted to contribute amounts to the Plan on an             after-tax basis or (2) the
Employer maintains frozen Employee Contributions Accounts (check one):

(1)                                 o    Future Employee Contributions—Participants
may make voluntary, non-deductible, after-tax Employee Contributions pursuant
to Section 5.04 of the Plan. (Only if Option 1.07(a),
Deferral Contributions, is checked.)

(2)                                 o    Frozen Employee Contributions—Participants
may not currently make after-tax Employee Contributions to the Plan, but the
Employer does maintain frozen Employee Contributions Accounts.

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1.09        QUALIFIED NONELECTIVE
CONTRIBUTIONS

(a)                                  Qualified Nonelective Employer
Contributions—If Option 1.07(a),
Deferral Contributions, is checked, the Employer may contribute an amount which
it designates as a Qualified Nonelective Employer Contribution to be included
in the “ADP” or “ACP” test. Unless otherwise provided below, Qualified
Nonelective Employer Contributions shall be allocated to Participants who were
eligible to participate in the Plan at any time during the Plan Year and are
Non-Highly Compensated Employees either (A) in the ratio which each
Participant’s “testing compensation”, as defined in Subsection 6.01(t),
for the Plan Year bears to the total of all Participants’ “testing compensation”
for the Plan Year or (B) as a flat dollar amount.

(1)                                 x           Qualified
Nonelective Employer Contributions shall be allocated to Participants as a
percentage of the lowest paid Participant’s “testing compensation”, as defined
in Subsection 6.01(t), for the Plan Year up to the lower of (A) the
maximum amount contributable under the Plan or (B) the amount necessary to
satisfy the “ADP” or “ACP” test. If any Qualified Nonelective Employer
Contribution remains, allocation shall continue in the same manner to the next
lowest paid Participants until the Qualified Nonelective Employer Contribution
is exhausted.

1.10                        MATCHING EMPLOYER CONTRIBUTIONS (Only if Option 1.07(a), Deferral Contributions, is checked)

(a)           o            Basic Matching Employer Contributions
(check one):

(1)                                 o            Non-Discretionary Matching Employer Contributions—The
Employer shall make a basic Matching Employer Contribution on behalf of each
Participant in an amount equal to the following percentage of a Participant’s
Deferral Contributions during the Contribution Period (check (A) or (B) and,
if applicable, (C)):

Note: Effective for Plan Years beginning on or
after January 1, 1999, if the Employer elected Option 1.11 (a)(3),
Safe Harbor Formula, with respect to Nonelective Employer Contributions and
meets the requirements for deemed satisfaction of the “ADP” test in Section 6.10
for a Plan Year, the Plan will also be deemed to satisfy the “ACP” test for
such Plan Year with respect to Matching Employer Contributions if Matching
Employer Contributions hereunder meet the requirements in Section 6.11.

(A)                               o            Single
Percentage Match:                   %

(B)                               o            Tiered
Match:

   % of the
first    % of the Active Participant’s Compensation contributed
to the Plan,

   % of the
next    % of the Active Participant’s Compensation contributed to
the Plan,

   % of the
next    % of the Active Participant’s Compensation contributed to
the Plan.

Note: The percentages specified above for basic
Matching Employer Contributions may not increase as the percentage of
Compensation contributed increases.

(C)                               o    Limit
on Non-Discretionary Matching Employer Contributions (check the appropriate box(es)):

 

 10
 

 

 

(i)                                     o    Deferral
Contributions in excess of    % of the Participant’s
Compensation for the period in question shall not be considered for
non-discretionary Matching Employer Contributions.

Note:  If the Employer elected a percentage limit in (i) above
and requested the Trustee to account separately for matched and unmatched
Deferral Contributions made to the Plan, the non-discretionary Matching
Employer Contributions allocated to each Participant must be computed, and the
percentage limit applied, based upon each payroll period.

(ii)                                  o    Matching
Employer Contributions for each Participant for each Plan Year shall be limited
to $

(2)                                 o    Discretionary Matching Employer Contributions—The Employer
may make a basic Matching Employer Contribution on behalf of each Participant
in an amount equal to the percentage declared for the Contribution Period, if
any, by a Board of Directors’ Resolution (or by a Letter of Intent for a sole
proprietor or partnership) of the Deferral Contributions made by each
Participant during the Contribution Period. The Board of Directors’ Resolution
(or Letter of Intent, if applicable) may limit the Deferral Contributions
matched to a specified percentage of Compensation or limit the amount of the
match to a specified dollar amount.

(A)                               o    4%
Limitation on Discretionary Matching Employer Contributions for Deemed Satisfaction
of “ACP” Test—In no event may the dollar amount
of the discretionary Matching Employer Contribution made on a Participant’s behalf
for the Plan Year exceed 4% of the Participant’s Compensation for the Plan
Year. (Only if Option 1.11(a)(3), Safe Harbor
Formula, with respect to Nonelective Employer Contributions is checked.)

(3)                                 o    Safe Harbor Matching Employer Contributions—Effective only
for Plan Years beginning on or after January 1, 1999, if the Employer
elects one of the safe harbor formula Options provided in the Safe Harbor
Matching Employer Contribution Addendum to the Adoption Agreement and provides
written notice each Plan Year to all Active Participants of their rights and
obligations under the Plan, the Plan shall be deemed to satisfy the “ADP” test
and, under certain circumstances, the “ACP” test.

(b)                                  o    Additional Matching Employer Contributions—The
Employer may at Plan Year end make an additional Matching Employer Contribution
equal to a percentage declared by the Employer, through a Board of Directors’
Resolution (or by a Letter of Intent for a sole proprietor or partnership), of
the Deferral Contributions made by each Participant during the Plan Year. (Only
if Option 1.10(a)(1) or (3) is checked.) The Board of Directors’
Resolution (or Letter of Intent, if applicable) may limit the Deferral
Contributions matched to a specified percentage of Compensation or limit the
amount of the match to a specified dollar amount.

(1)                                 o    4% Limitation on Additional Matching Employer Contributions for Deemed
Satisfaction of “ACP” Test—In no event may the dollar amount of the
additional Matching Employer Contribution made on a Participant’s behalf for
the Plan Year exceed 4% of the Participant’s Compensation for the Plan Year. (Only if Option 1.10(a)(3), Safe Harbor Matching
Employer Contributions, or Option 1.11(a)(3), Safe Harbor Formula, with
respect to Nonelective Employer Contributions is checked.)

Note: If the
Employer elected Option 1.10(a)(3), Safe Harbor Matching Employer
Contributions, above and wants to be deemed to have satisfied the “ADP” test
for Plan Years beginning on or after January 1, 1999, the additional 

 

 11
 

 

 

Matching Employer Contribution must meet the requirements of Section 6.10.
In addition to the foregoing requirements, if the Employer elected either
Option 1.10(a)(3), Safe Harbor Matching Employer Contributions, or
Option 1.11(a)(3), Safe Harbor Formula, with respect to Nonelective
Employer Contributions, and wants to be deemed to have satisfied the “ACP” test
with respect to Matching Employer Contributions for the Plan Year, the Deferral
Contributions matched may not exceed the limitations in Section 6.11.

(c)                                  Contribution Period for Matching
Employer Contributions—The Contribution Period for purposes of
calculating the amount of basic Matching Employer Contributions described in
Subsection 1.10(a) is:

(1)           o            each calendar month.

(2)           o            each Plan Year quarter.

(3)           o            each Plan Year.

(4)           o            each payroll period.

The Contribution Period for additional Matching Employer Contributions
described in Subsection 1.10(b) is the Plan Year.

(d)                                  Continuing Eligibility
Requirement(s)—A
Participant who makes Deferral Contributions during a Contribution Period shall
only be entitled to receive Matching Employer Contributions under Section 1.10
for that Contribution Period if the Participant satisfies the following
requirement(s) (Check the appropriate box(es). Options (3) and (4) may
not be elected together; Option (5) may not be elected with Option (2),
(3), or (4); Options (2), (3), (4), (5), and (7) may not be elected
with respect to basic Matching Employer Contributions if Option 1.10(a)(3),
Safe Harbor Matching Employer Contributions, is checked):

(1)                                 o    No
requirements.

(2)                                 o    Is
employed by the Employer or a Related Employer on the last day of the
Contribution Period.

(3)                                 o    Earns
at least 501 Hours of Service during the Plan Year. (Only
if the Contribution Period is the Plan Year.)

(4)                                 o      Earns at
least 1,000 Hours of Service during the Plan Year. (Only
if the Contribution Period is the Plan Year.)

(5)                                 o    Either
earns at least 501 Hours of Service during the Plan Year or is employed by the
Employer or a Related Employer on the last day of the Plan Year. (Only if the Contribution Period is the Plan Year.)

(6)                                 o    Is
not a Highly Compensated Employee for the Plan Year.

(7)                                 o    Is
not a partner or a member of the Employer, if the Employer is a partnership or
an entity taxed as a partnership.

(8)                                 o    Special
continuing eligibility requirement(s) for additional Matching Employer
Contributions. (Only if Option 1.10(b), Additional Matching
Employer Contributions, is checked.)

 

 12
 

 

 

(A)                               The continuing eligibility requirement(s) for
additional Matching Employer Contributions is/are:        
(Fill in number of applicable eligibility requirement(s) from above.)

Note: If
Option (2), (3), (4), or (5) above is selected, then Matching
Employer Contributions can only be funded by the Employer after the Contribution
Period or Plan Year ends. Matching Employer Contributions funded during the
Contribution Period or Plan Year shall not be subject to the eligibility
requirements of Option (2), (3), (4), or (5). If Option (2),
(3), (4), or (5) is adopted during a Contribution Period or Plan Year, as
applicable, such Option shall not become effective until the first day of the
next Contribution Period or Plan Year.

(e)                                  o    Qualified
Matching Employer Contributions—Prior to
making any Matching Employer Contribution hereunder (other than a safe harbor
Matching Employer Contribution), the Employer may designate all or a portion of
such Matching Employer Contribution as a Qualified Matching Employer
Contribution that may be used to satisfy the “ADP” test on Deferral
Contributions and excluded in applying the “ACP” test on Employee and Matching
Employer Contributions. Unless the additional eligibility requirement is
selected below, Qualified Matching Employer Contributions shall be allocated to
all Participants who meet the continuing eligibility requirement(s) described
in Subsection 1.10(d) above for the type of Matching Employer Contribution
being characterized as a Qualified Matching Employer Contribution.

(1)                                 o    To
receive an allocation of Qualified Matching Employer Contributions a
Participant must also be a Non-Highly Compensated Employee for the Plan Year.

Note:
Qualified Matching Employer Contributions may not be excluded in applying the “ACP”
test for a Plan Year if the Employer elected Option 1.10(a)(3), Safe
Harbor Matching Employer Contributions, or Option 1.11(a)(3), Safe Harbor
Formula, with respect to Nonelective Employer Contributions, and the “ADP” test
is deemed satisfied under Section 6.10 for such Plan Year.

1.11        NONELECTIVE EMPLOYER
CONTRIBUTIONS

Note: An Employer may elect both a fixed formula
and a discretionary formula. If both are selected, the discretionary formula
shall be treated as an additional Nonelective Employer Contribution and
allocated separately in accordance with the allocation formula selected by the
Employer.

(a)                                  o    Fixed Formula (An Employer may elect
both the Safe Harbor Formula and one of the other fixed formulas. Otherwise,
the Employer may only select one of the following.)

 

 

 13
 

 

 

(1)                                 o    Fixed Percentage Employer Contribution—For each Plan Year, the
Employer shall contribute for each eligible Active Participant an amount equal
to    % (not to exceed 15% for
Plan Years beginning prior to 2002 and 25% for Plan Years beginning on or after
January 1, 2002) of such Active Participant’s Compensation.

(2)                                 o    Fixed Flat Dollar Employer Contribution—The
Employer shall contribute for each eligible Active Participant an amount equal
to $

The contribution amount is based on an Active Participant’s service for
the following period:

(A)          o            Each
paid hour.

(B)          o            Each
payroll period.

(C)          o            Each
Plan Year.

(D)          o            Other:

(3)                                 o    Safe Harbor Formula—Effective only with respect to Plan
Years that begin on or after January 1, 1999, the Nonelective Employer
Contribution specified in the Safe Harbor Nonelective Employer Contribution
Addendum is intended to satisfy the safe harbor contribution requirements under
the Code such that the “ADP” test (and, under certain circumstances, the “ACP”
test) is deemed satisfied. Please complete the Safe Harbor Nonelective Employer
Contribution Addendum to the Adoption Agreement. (Choose
only if Option 1.07(a), Deferral Contributions, is checked.)

(b)                                  o                                    Discretionary Formula—The Employer may decide each Plan Year
whether to make a discretionary Nonelective Employer Contribution on behalf of
eligible Active Participants in accordance with Section 5.10. Such
contributions shall be allocated to eligible Active Participants based upon the
following (check (1) or (2)):

(1)                                 o    Non-Integrated Allocation Formula—In the ratio that each
eligible Active Participant’s Compensation bears to the total Compensation paid
to all eligible Active Participants for the Plan Year.

(2)                                 o    Integrated Allocation Formula—As (A) a percentage of
each eligible Active Participant’s Compensation plus (B) a percentage of
each eligible Active Participant’s Compensation in excess of the “integration
level” as defined below. The percentage of Compensation in excess of the “integration
level” shall be equal to the lesser of the percentage of the Active Participant’s
Compensation allocated under (A) above or the “permitted disparity limit”
as defined below.

Note: An
Employer that has elected the Safe Harbor formula in Subsection 1.11(a)(3)
above may not take Nonelective Employer Contributions made to satisfy the safe
harbor into account in applying the integrated allocation formula described
above.

 

 14
 

 

 

“Integration level” means the Social Security taxable wage base for the
Plan Year, unless the Employer elects a lesser amount in (A) or (B) below.

(A)                                  % (not to
exceed 100%) of the Social Security taxable wage base for the Plan
Year, or

(B)                               $          
(not to exceed the Social Security taxable wage base).

“Permitted
disparity limit” means the percentage provided by the following table:

	
   

  	
  If the “Integration Level”
  is at

  least    % of the Taxable

  Wage Base

  	
   

  	
  But Less Than

     % of the

  Taxable Wage Base

  	
   

  	
  The “Permitted

  Disparity

  Limit” is

  
	
   

  	
  0%

  	
   

  	
  20%

  	
   

  	
  5.7%

  
	
   

  	
  20%

  	
   

  	
  80%

  	
   

  	
  4.3%

  
	
   

  	
  80%

  	
   

  	
  100%

  	
   

  	
  5.4%

  
	
   

  	
  100%

  	
   

  	
  N/A

  	
   

  	
  5.7%

  

 

Note: An
Employer who maintains any other plan that provides for Social Security
Integration (permitted disparity) may not elect Option 1.11(b)(2).

(c)                                  Continuing Eligibility
Requirement(s)—A Participant shall only be entitled to
receive Nonelective Employer Contributions for a Plan Year under this Section 1.11
if the Participant satisfies the following requirement(s) (Check the
appropriate box(es)—Options (3)
and (4) may not be elected together; Option (5) may not be elected
with Option (2), (3), or (4); Options (2), (3), (4), (5),
and (7) may not be elected with respect to Nonelective Employer Contributions
under the fixed formula if Option 1.11(a)(3), Safe Harbor Formula, is
checked):

(1)                                 o    No
requirements.

(2)                                 o    Is
employed by the Employer or a Related Employer on the last day of the Plan
Year.

(3)                                 o    Earns
at least 501 Hours of Service during the Plan Year.

(4)                                 o    Earns
at least 1,000 Hours of Service during the Plan Year.

(5)                                 o    Either
earns at least 501 Hours of Service during the Plan Year or is employed by
the Employer or a Related Employer on the last day of the Plan Year.

(6)                                 o    Is
not a Highly Compensated Employee for the Plan Year.

(7)                                 o    Is
not a partner or a member of the Employer, if the Employer is a partnership or
an entity taxed as a partnership.

(8)                                 o    Special
continuing eligibility requirement(s) for discretionary Nonelective Employer Contributions.
(Only if both Options 1.11(a) and (b) are
checked.)

(A)                               The continuing eligibility requirement(s) for
discretionary Nonelective Employer Contributions is/are:
      (Fill in number of applicable eligibility requirement(s) from
above.)

 

 15
 

 

 

Note: If
Option (2), (3), (4), or (5) above is selected then Nonelective
Employer Contributions can only be funded by the
Employer after the Plan Year ends. Nonelective
Employer Contributions funded during the Plan Year shall not be subject to the
eligibility requirements of Option (2), (3), (4), or (5). If
Option (2), (3), (4), or (5) is adopted during a Plan Year, such
Option shall not become effective until the first day of the next Plan Year.

1.12        EXCEPTIONS TO
CONTINUING ELIGIBILITY REQUIREMENTS

o                                    Death, Disability, and Retirement
Exception to Eligibility Requirements—Active Participants
who do not meet any last day or Hours of Service requirement under
Subsection 1.10(d) or 1.11(c) because they become disabled, as
defined in Section 1.14, retire, as provided in Subsection 1.13(a),
(b), or (c), or die shall nevertheless receive an allocation of
Nonelective Employer and/or Matching Employer Contributions. No Compensation
shall be imputed to Active Participants who become disabled for the period
following their disability.

1.13        RETIREMENT

(a)           The Normal Retirement Age under the Plan is
(check one):

(1)                                 x   age
65.

(2)                                 o    age
    (specify between 55 and 64).

(3)                                 o    later
of age    (not to exceed 65)
or the fifth anniversary of the Participant’s Employment Commencement Date.

(b)                                  o    The Early Retirement Age is the first day of the
month after the Participant attains age       (specify
55 or greater) and completes years of Vesting Service.

Note: If this
Option is elected, Participants who are employed by the Employer or a Related
Employer on the date they reach Early Retirement Age shall be 100% vested in
their Accounts under the Plan.

(c)                                  x   A Participant who becomes disabled, as defined in Section 1.14,
is eligible for disability retirement.

Note: If this
Option is elected, Participants who are employed by the Employer or a Related
Employer on the date they become disabled shall be 100% vested in their
Accounts under the Plan.

1.14        DEFINITION OF DISABLED

A Participant is disabled if he/she (check the appropriate box(es)):

(a)           o            satisfies
the requirements for benefits under the Employer’s long-term disability plan.

(b)           o            satisfies
the requirements for Social Security disability benefits.

(c)           x           is
determined to be disabled by a physician approved by the Employer.

 

 

 16

 

 

1.15        VESTING

A Participant’s vested interest in Matching
Employer Contributions and/or Nonelective Employer Contributions, other than
Safe Harbor Matching Employer and/or Nonelective Employer Contributions elected
in Subsection 1.10(a)(3) or 1.11 (a)(3), shall be based upon his years of
Vesting Service and the schedule(s) selected below, except as provided in
Subsection 1.21(d) or in the Vesting Schedule Addendum to the Adoption
Agreement.

(a)           o            Years of Vesting Service shall exclude:

(1)               o        for
new plans, service prior to the Effective Date as defined in Subsection 1.01(g)(1).

(2)                                              o        for
existing plans converting from another plan document, service prior to the
original Effective Date as defined in Subsection 1.01(g)(2).

(b)           Vesting Schedule(s)

Note:
The vesting schedule selected below applies only to Nonelective Employer
Contributions and Matching Employer Contributions other than safe harbor
contributions under Option 1.11(a)(3) or Option 1.10(a)(3). Safe harbor
contributions under Options 1.11(a)(3) and 1.10(a)(3) are always 100%
vested immediately.

(1) Nonelective Employer
Contributions                             (2) Matching
Employer Contributions

(check one):                                                                              (check
one):

 

	
   

  	
  (A) x

  	
  N/A—No Nonelective

  	
  (A) x

  	
  N/A—No Matching

  
	
   

  	
   

  	
  Employer Contributions

  	
   

  	
  Employer Contributions

  
	
   

  	
  (B) o

  	
  100% Vesting immediately

  	
  (B) o

  	
  100%Vesting immediately

  
	
   

  	
  (C) o

  	
  3 year cliff (see C
  below)

  	
  (C) o

  	
  3 year cliff (see C
  below)

  
	
   

  	
  (D) o

  	
  5 year cliff (see D
  below)

  	
  (D) o

  	
  5 year cliff (see D
  below)

  
	
   

  	
  (E) o

  	
  6 year graduated (see E
  below)

  	
  (E) o

  	
  6 year graduated (see E
  below)

  
	
   

  	
  (F) o

  	
  7 year graduated (see F
  below)

  	
  (F) o

  	
  7 year graduated (see F
  below)

  
	
   

  	
  (G) o

  	
  Other vesting

  	
  (G) o

  	
  Other vesting

  
	
   

  	
   

  	
  (complete G1 below)

  	
   

  	
  (complete G2 below)

  

 

 

 

 17
 

 

 

	
   

  	
  Vesting Service

  	
   

  	
  C

  	
   

  	
  D

  	
   

  	
  E

  	
   

  	
  F

  	
   

  	
  G1

  	
   

  	
  G2

  	
   

  	
   

  
	
   

  	
  0

  	
   

  	
  0

  	
  %

  	
  0

  	
  %

  	
  0

  	
  %

  	
  0

  	
  %

  	
   

  	
  %

  	
   

  	
  %

  	
   

  
	
   

  	
  1

  	
   

  	
  0

  	
  %

  	
  0

  	
  %

  	
  0

  	
  %

  	
  0

  	
  %

  	
   

  	
  %

  	
   

  	
  %

  	
   

  
	
   

  	
  2

  	
   

  	
  0

  	
  %

  	
  0

  	
  %

  	
  20

  	
  %

  	
  0

  	
  %

  	
   

  	
  %

  	
   

  	
  %

  	
   

  
	
   

  	
  3

  	
   

  	
  100

  	
  %

  	
  0

  	
  %

  	
  40

  	
  %

  	
  20

  	
  %

  	
   

  	
  %

  	
   

  	
  %

  	
   

  
	
   

  	
  4

  	
   

  	
  100

  	
  %

  	
  0

  	
  %

  	
  60

  	
  %

  	
  40

  	
  %

  	
   

  	
  %

  	
   

  	
  %

  	
   

  
	
   

  	
  5

  	
   

  	
  100

  	
  %

  	
  100

  	
  %

  	
  80

  	
  %

  	
  60

  	
  %

  	
   

  	
  %

  	
   

  	
  %

  	
   

  
	
   

  	
  6

  	
   

  	
  100

  	
  %

  	
  100

  	
  %

  	
  100

  	
  %

  	
  80

  	
  %

  	
   

  	
  %

  	
   

  	
  %

  	
   

  
	
   

  	
  7 or more

  	
   

  	
  100

  	
  %

  	
  100

  	
  %

  	
  100

  	
  %

  	
  100

  	
  %

  	
  100

  	
  %

  	
  100

  	
  %

  	
   

  

 

Note: A
schedule elected under G1 or G2 above must be at least as favorable as one of
the schedules in C, D, E or F above.

Note: If the
Plan is being amended to provide a more restrictive vesting schedule, the more
favorable vesting schedule shall continue to apply to Participants who are
Active Participants immediately prior to the later of (1) the effective
date of the amendment or (2) the date the amendment is adopted.

(c)                                o    A vesting schedule more favorable than the vesting
schedule(s) selected above applies to certain  Participants.
Please complete the Vesting Schedule Addendum to the Adoption Agreement.

(d)                           Application of Forfeitures—If a Participant forfeits any portion of his
non-vested Account balance as provided in Section 6.02, 6.04, 6.07, or
11.08, such forfeitures shall be (check one):

(1)                                 o    N/A—Either (A) no Matching
Employer Contributions are made with respect to Deferral Contributions under
the Plan and all other Employer Contributions are 100% vested when made or (B) there
are no Employer Contributions under the Plan.

(2)                                 x   applied to reduce Employer contributions.

(3)                                 o    allocated
among the Accounts of eligible Participants in the manner provided in Section 1.11.
(Only if Option 1.11(a) or (b) is
checked.)

1.16        PREDECESSOR EMPLOYER
SERVICE

x      Service for purposes of
eligibility in Subsection 1.04(b) and vesting in Subsection 1.15(b) of
this Plan shall include service with the following predecessor employer(s):

Sine Corporation

 

 18
 

 

 

1.17        PARTICIPANT LOANS

Participant loans (check one):

(a)                                  x   are allowed in accordance with Article 9
and loan procedures outlined in the Service Agreement.

(b)                                  o    are not allowed.

1.18        IN-SERVICE WITHDRAWALS

Participants may make withdrawals prior to
termination of employment under the following circumstances (check the appropriate box(es)):

(a)                                x   Hardship Withdrawals—Hardship withdrawals from a Participant’s
Deferral Contributions Account shall be allowed in accordance with Section 10.05,
subject to a $500 minimum amount.

(b)                                  x   Age 59-1/2— Participants shall be entitled to receive a
distribution of all or any portion of the following Accounts upon attainment of
age 59 1/2 (check one):

(1)           o            Deferral
Contributions Account.

(2)           x           All vested account balances.

(c)                           Withdrawal of Employee
Contributions and Rollover Contributions

(1)                                 Unless otherwise provided below, Employee
Contributions may be withdrawn in accordance with Section 10.02 at any time.

(A)          o    Employees may not make withdrawals of
Employee Contributions more frequently than:

(2)                                 Rollover Contributions may be withdrawn in
accordance with Section 10.03 at any time.

(d)                                  o    Protected In-Service Withdrawal Provisions—Check
if the Plan was converted by plan amendment or received transfer contributions
from another defined contribution plan, and benefits under the other defined contribution
plan were payable as (check the appropriate box(es)):

(1)                                  o    an
in-service withdrawal of vested employer contributions maintained in a
Participant’s Account (check (A) and/or (B)):

(A)          o      for at
least                    (24 or more)
months.

 

 

 19
 

 

 

(i)                                    o    Special
restrictions applied to such in-service withdrawals under the prior plan that
the Employer wishes to continue under the Plan as restated hereunder. Please
complete the Protected In-Service Withdrawals Addendum to the Adoption
Agreement identifying the restrictions.

(B)          o            after the Participant has at least
60 months of participation.

(i)                                  o    Special restrictions applied to such
in-service withdrawals under the prior plan that the Employer wishes to
continue under the Plan as restated hereunder. Please complete the Protected
In-Service Withdrawals Addendum to the Adoption Agreement identifying the
restrictions.

(2)                               o    another in-service withdrawal option that is
a “protected benefit” under Code Section 411(d)(6) or an in-service
hardship withdrawal option not otherwise described in Section 1.18(a).
Please complete the Protected In-Service Withdrawals Addendum to the Adoption
Agreement identifying the in-service withdrawal option(s).

1.19        FORM OF
DISTRIBUTIONS

Subject to Section 13.01, 13.02 and Article 14,
distributions under the Plan shall be paid as provided below. (Check the appropriate box(es) and, if any
forms of payment selected in (b), (c) and/or (d) apply only to a
specific class of Participants, complete Subsection (b) of the Forms of
Payment Addendum.)

(a)           Lump Sum Payments—Lump sum payments
are always available under the Plan.

(b)                                  o    Installment Payments—Participants may elect distribution under a systematic withdrawal plan (installments).

(c)                                  o    Annuities (Check
if the Plan is retaining any annuity form(s) of payment.)

(1)                                 An annuity form of payment is available under
the Plan for the following reason(s) (check (A) and/or (B), as
applicable):

(A)         o              As a result of the Plan’s receipt of a
transfer of assets from another defined contribution plan or pursuant to the
Plan terms prior to the Amendment Effective Date specified in Section 1.01(g)(2),
benefits were previously payable in the form of an annuity that the Employer
elects to continue to be offered as a form of payment under the Plan.

(B)         o              The Plan received a transfer of assets from a
defined benefit plan or another defined contribution plan that was subject to
the minimum funding requirements of Code Section 412 and therefore an
annuity form of payment is a protected benefit under the Plan in accordance
with Code Section 411(d)(6).

(2)           The normal form of payment under the
Plan is (check (A) or (B)):

(A)          o            A lump sum payment.

 

 

 20
 

 

 

(i)                                    Optional annuity forms of payment (check (I) and/or
(II), as applicable). (Must check and complete (I) if
a life annuity is one of the optional annuity forms of payment under the Plan.)

(I)                                    o    A married Participant who elects an annuity
form of payment shall receive a qualified joint and    % (at least 50%) survivor annuity. An unmarried Participant
shall receive a single life annuity, unless a different form of payment is
specified below:

(II)                                o    Other annuity form(s) of payment. Please
complete Subsection (a) of the Forms of Payment Addendum describing the
other annuity form(s) of payment available under the Plan.

(B)          o            A life annuity (complete (i) and (ii) and check (iii) if
applicable).

(i)                                    The normal form for married Participants is a
qualified joint and      % (at least
50%) survivor annuity. The normal form for unmarried Participants is
a single life annuity, unless a different annuity form is specified below:

(ii)                                The qualified preretirement survivor annuity
provided to a Participant’s spouse is purchased with    % (at least 50%) of the Participant’s Account.

(iii)                            o    Other annuity form(s) of payment. Please complete
Subsection (a) of the Forms of Payment Addendum describing the other
annuity form(s) of payment available under the Plan.

(d)                                o    Other Non-Annuity Form(s) of Payment—As a result of the Plan’s receipt of a
transfer of assets from another plan or pursuant to the Plan terms prior to the
Amendment Effective Date specified in 1.01(g)(2), benefits were previously
payable in the following form(s) of payment not described in (a), (b) or
(c) above and the Plan will continue to offer these form(s) of
payment:

(e)                                o    Eliminated Forms of Payment Not Protected Under Code Section 411(d)(6). Check if either (1) under the Plan
terms prior to the Amendment Effective Date or (2) under the terms of
another plan from which assets were transferred, benefits were payable in a
form of payment that will cease to be offered after a specified date. Please
complete Subsection (c) of the Forms of Payment Addendum describing the
forms of payment previously available and the effective date of the elimination
of the form(s) of payment.

 

 21

 

 

1.20        TIMING OF
DISTRIBUTIONS

Except as provided in Subsection 1.20(a)
or (b  and the Postponed Distribution Addendum to the Adoption
Agreement, distribution shall be made to an eligible Participant from his
vested interest in his Account as soon as reasonably practicable following the
date the Participant’s application for distribution is received by the
Administrator.

(a)                             Required Commencement of
Distribution—If a
Participant does not elect to receive benefits as of an earlier date, as permitted
under the Plan, distribution of a Participant’s Account shall begin as of the
Participant’s Required Beginning Date.

(b)                                o    Postponed Distributions—Check if the
Plan was converted by plan amendment from another defined contribution plan
that provided for the postponement of certain distributions from the Plan to
eligible Participants and the Employer wants to continue to administer the Plan
using the postponed distribution provisions. Please complete the Postponed
Distribution Addendum to the Adoption Agreement indicating the types of
distributions that are subject to postponement and the period of postponement.

Note: An
Employer may not provide for postponement of distribution to a Participant
beyond the 60th day following the close of the Plan Year in which (1) the
Participant attains Normal Retirement Age under the Plan, (2) the
Participant’s 10th anniversary of participation in the Plan occurs, or (3) the
Participant’s employment terminates, whichever is latest.

1.21        TOP HEAVY STATUS

(a)           The Plan shall be subject to
the Top-Heavy Plan requirements of Article 15 (check one):

(1)                                 o    for
each Plan Year, whether or not the Plan is a “top-heavy plan” as defined in
Subsection 15.01(f).

(2)                                 x   for
each Plan Year, if any, for which the Plan is a “top-heavy plan” as defined in
Subsection 15.01(f).

(3)                                 o    Not
applicable. (Choose only if Plan
covers only employees subject to a collective bargaining agreement.)

(b)                             In determining whether the Plan
is a “top-heavy plan” for an Employer with at least one defined benefit plan, the
following assumptions shall apply:

(1)                                              x           Interest rate: 7% per annum.

(2)               x           Mortality table: UP-84.

(3)                                            o       Not
applicable. (Choose only if either (A) Plan covers
only employees subject to a collective bargaining agreement or (B) Employer
does not maintain and has not maintained any defined benefit plan during the
five-year period ending on the applicable “determination date”, as defined in
Subsection 15.01(a).)

 

 22
 

 

 

(c)                             If the Plan is or is treated as a
“top-heavy plan” for a Plan Year, each non-key Employee shall receive an Employer
Contribution of at least 3.0 (3, 4, 5, or 7 1/2)% of Compensation for the Plan
Year in accordance with Section 15.03. The minimum Employer Contribution
provided in this Subsection 1.21(c) shall be made under this Plan only if
the Participant is not entitled to such contribution under another qualified
plan of the Employer, unless the Employer elects otherwise below:

(1)               o       The minimum Employer Contribution shall be paid under this Plan in any
event.

(2)                                              o       Another method of satisfying the requirements
of Code Section 416. Please complete the 416 Contribution Addendum to the
Adoption Agreement describing the way in which the minimum contribution
requirements will be satisfied in the event the Plan is or is treated as a “top-heavy
plan”.

(3)                                              o       Not applicable. (Choose
only if Plan covers only employees subject to a collective bargaining agreement.)

Note: The
minimum Employer contribution may be less than the percentage indicated in
Subsection 1.21(c) above to the extent provided in Section 15.03.

(d)           If the Plan is or is
treated as a “top-heavy plan” for a Plan Year, the following vesting schedule
shall apply instead of the schedule(s) elected in Subsection 1.15(b) for
such Plan Year and each Plan Year thereafter (check one):

(1)                                 o    Not applicable.             (Choose only if either (A) Plan
provides for Nonelective Employer Contributions and the schedule elected in
Subsection 1.15(b)(1) is at least as favorable in all cases as the
schedules available below or (B) Plan covers only employees subject to a collective
bargaining agreement.)

(2)                                 x   100%
vested after 0 (not in excess of 3) years of
Vesting Service.

(3)                                 o    Graded vesting:

	
   

  	
  

  	
   

  	
  Vesting

  	
   

  	
  Must be

  	
   

  
	
   

  	
  Years of Vesting Service

  	
   

  	
  Percentage

  	
   

  	
  at Least

  	
   

  
	
   

  	
  0

  	
   

  	
   

  	
   

  	
  0

  	
  %

  
	
   

  	
  1

  	
   

  	
   

  	
   

  	
  0

  	
  %

  
	
   

  	
  2

  	
   

  	
   

  	
   

  	
  20

  	
  %

  
	
   

  	
  3

  	
   

  	
   

  	
   

  	
  40

  	
  %

  
	
   

  	
  4

  	
   

  	
   

  	
   

  	
  60

  	
  %

  
	
   

  	
  5

  	
   

  	
   

  	
   

  	
  80

  	
  %

  
	
   

  	
  6 or more

  	
   

  	
   

  	
   

  	
  100

  	
  %

  

 

 

 

 23
 

 

 

Note: If the Plan provides for Nonelective Employer
Contributions and the schedule elected in Subsection 1.15 (b)(1) is more
favorable in all cases than the schedule elected in Subsection 1.21(d) above,
then the schedule in Subsection 1.15(b)(1) shall continue to apply even in
Plan Years in which the Plan is a “top heavy plan”.

1.22        CORRECTION TO MEET 415 REQUIREMENTS UNDER MULTIPLE DEFINED
CONTRIBUTION PLANS

If the Employer maintains other defined contribution plans, annual
additions to a Participant’s Account shall be limited as provided in Section 6.12
of the Plan to meet the requirements of Code Section 415, unless the
Employer elects otherwise below and completes the 415 Correction Addendum
describing the order in which annual additions shall be limited among the
plans.

(a)           o            Other Order for Limiting
Annual Additions

1.23        INVESTMENT DIRECTION

Investment Directions—Participant Accounts shall be invested (check
one):

(a)                                  o    in accordance with the investment directions
provided to the Trustee by the Employer for allocating all Participant Accounts
among the Options listed in the Service Agreement.

(b)                                  x   in accordance with the investment directions
provided to the Trustee by each Participant for allocating his entire Account
among the Options listed in the Service Agreement.

(c)                                  o    in accordance with the investment directions
provided to the Trustee by each Participant for all contribution sources in his
Account, except that the following sources shall be invested in accordance with
the investment directions provided by the Employer (check (1) and/or (2)):

(1)           o            Nonelective Employer Contributions

(2)           o            Matching Employer Contributions

The Employer must direct the applicable sources among the same
investment options made available for Participant directed sources listed in
the Service Agreement.

 

 

 24
 

 

 

1.24        RELIANCE ON OPINION
LETTER

An adopting Employer may rely on the opinion letter issued by the
Internal Revenue Service as evidence that this Plan is qualified under Code Section 401
only to the extent provided in Announcement 2001-77, 2001-30 I.R.B.
The Employer may not rely on the opinion letter in certain other circumstances
or with respect to certain qualification requirements, which are specified in
the opinion letter issued with respect to this Plan and in Announcement 2001-77.
In order to have reliance in such circumstances or with respect to such
qualification requirements, application for a determination letter must be made
to Employee Plans Determinations of the Internal Revenue Service. Failure to
fill out the Adoption Agreement properly may result in disqualification of the
Plan.

This Adoption Agreement may be used only in conjunction with Fidelity
Basic Plan Document No. 02. The Prototype Sponsor shall inform the
adopting Employer of any amendments made to the Plan or of the discontinuance
or abandonment of the prototype plan document.

1.25        PROTOTYPE INFORMATION:

	
   

  	
  Name of Prototype Sponsor:

  	
  Fidelity Management & Research Company

  
	
   

  	
  Address of
  Prototype Sponsor:

  	
  82 Devonshire Street

  
	
   

  	
   

  	
  Boston, MA 02109

  

 

Questions
regarding this prototype document may be directed to the following telephone
number: 1-800-343-9184.

 

 

 25
 

 

 

EXECUTION

PAGE (Fidelity’s

Copy)

IN
WITNESS WHEREOF, the Employer has caused this Adoption Agreement to be executed
this

____________________
day of _____________________, _________________

 

	
  Employer:

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  
	
   

  	
   

  
	
  Title:

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  Employer:

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  
	
   

  	
   

  
	
  Title:

  	
   

  

 

Accepted
by:

Fidelity
Management Trust Company, as Trustee

	
  By:

  	
   

  	
   

  	
  Date:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  	
   

  	
   

  

 

 

 26
 

 

 

EXECUTION 

PAGE (Employer’s 

Copy)

 

IN
WITNESS WHEREOF, the Employer has caused this Adoption Agreement to be executed
this

16th day of April , 2003

 

	
  Employer:

  	
  Amphenol Corporation

  
	
   

  	
   

  
	
  By:

  	
  /s/ Edward G. Jepsen

  
	
   

  	
   

  
	
  Title:

  	
  Executive Vice President, Chief Financial Officer

  
	
   

  	
   

  
	
   

  	
   

  
	
  Employer:

  	
  Amphenol Corporation

  
	
   

  	
   

  
	
  By:

  	
  /s/ Edward C. Wetmore

  
	
   

  	
   

  
	
  Title:

  	
  Secretary and General Counsel

  

 

Accepted
by:

Fidelity
Management Trust Company, as Trustee

	
  By:

  	
  /s/ Robert Q. Buckles

  	
   

  	
  Date:

  	
  April 24, 2003

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Title:

  	
  Authorized Signatory

  	
   

  	
   

  	
   

  

 

 

 27Exhibit
10(a)

 

BRINKER
INTERNATIONAL

PERFORMANCE SHARE
PLAN DESCRIPTION

 

Purpose

 

Pursuant to Section 3 of
The Brinker International, Inc. Stock Option and Incentive Plan (“SOIP”), as
approved by the shareholders of the Company on October 20, 2005, the Committee
may grant stock awards subject to such conditions, restrictions and
contingencies as the Committee may determine. The Brinker International
Performance Share Plan (the “Plan”) is adopted pursuant to the Committee’s
authority under the SOIP to provide greater incentive to officers and key
employees of Brinker International, Inc. (“Brinker” or the “Company”) or any of
its affiliates to achieve the highest level of individual performance and to
meet or exceed specified goals which will contribute to the success of the
Company.

 

Definitions

 

For purposes of the Plan,
the following definitions will control:

 

“Affiliate” is defined as
a subsidiary of Brinker or any entity that is designated by the Committee as a
participating employer under the Plan, provided that Brinker directly or
indirectly owns at least 20% of the combined voting power of the common stock
of such entity.

 

“Change in Control” is defined as:

 

(i)            a
sale, transfer or other conveyance of all or substantially all of the assets of
the Company on a consolidated basis; or

 

(ii)           the
acquisition of beneficial ownership (as such term is defined in Rule 13d-3
promulgated under the Securities and Exchange Act of 1934, as amended (the “Exchange
Act”)) by any “person” (as such term is used in Sections 13(d) and 14(d) of the
Exchange Act), other than the Company, directly or indirectly, of securities
representing 50% or more of the total number of votes that may be cast for the
election of directors of the Company; or

 

(iii)          the
failure at any annual or special meetings of the Company’s shareholders held
during the three-year period following a “solicitation in opposition” as
defined in Rule 14a-6 promulgated under the Exchange Act, of a majority of the persons
nominated by the Company in the proxy material mailed to shareholders by the
management of the Company to win election to seats on the board of directors
(such majority calculated based upon the total number of persons nominated by
the Company failing to win election to seats on the Board divided by the total
number of Board members of the Board as of the beginning of such three year
period), excluding only those who die, retire voluntarily, are disabled or are
otherwise disqualified in the interim between their nomination and the date of
the meeting.

 

1

 

 

“Committee” is defined as
the Compensation Committee, or its successor, of the Company’s Board of
Directors.

 

“Comparative Group” is
defined as Brinker and such other companies as designated by the Commitee.

 

“Measurement Period” is
defined as a consecutive three fiscal year period, or such other period as the
Committee shall designate prior to making an award pursuant to the Plan,
beginning on the date described in the applicable award letter, except in the
event of a Change in Control, in which case the Measurement Period shall end on
the effective date of the Change in Control.

 

“Total Shareholder Return
(TSR)” is defined as the rate of return reflecting stock price appreciation
plus the amount of cash dividends paid during the Measurement Period. The
average Daily Closing Stock Price (adjusted for splits and dividends) for each
company in the Comparative Group for the 90 calendar days prior to the
beginning and ending points of the Measurement Period will be used to smooth
out market fluctuations.

 

“Daily Closing Stock
Price” is defined as the stock price at the close of trading of the National
Exchange on which the stock is traded.

 

“National Exchange” is
defined as the New York Stock Exchange (NYSE), the National Association of
Stock Dealers and Quotes (NASDAQ), or the American Stock Exchange (AMEX), or a
generally recognized successor-in-interest if any such exchange no longer
exists.

 

“Performance Share” is
defined as the right to receive a share of Common Stock of the Company upon
satisfaction of any performance metrics and/or other requirements established
by the Committee.

 

Accumulation of Performance
Shares 

 

A Participant
shall receive an award (“Award”) of a target number of Performance Shares. The
target number of Performance Shares awarded to each Participant shall be
determined by (a) the Committee and (b) the terms and conditions of the
applicable award letter provided to the Participant by the Committee. The final
number of shares issued to individual participants as payout for vested
Performance Shares is determined by (i) the Company’s TSR rank within the
Comparative Group at the end of a Measurement Period and (ii) the terms and
conditions of the applicable award letter. The distribution percentage of
target Performance Shares, based on rank, shall be as designated by the
Committee taking into account that there will be no payout if the Company’s
rank is at or near the bottom of the Comparative Group.

 

2

 

 

In the event that the
Company’s TSR over the Measurement Period is a negative number, the payout
percentage as set by the Committee shall be reduced by 20 percent, regardless
of the Company’s rank within the Comparative Group.

 

Vesting of Performance Shares

 

Participants who are vested in their Performance
Shares will be entitled to receive the percentage payout of their target award,
if any, in the form of shares of common stock of the Company. If, at the end of
the applicable Measurement Period, the Participant has not vested in his or her
Performance Shares, or has otherwise forfeited his or her Performance Shares,
he or she will not be entitled to receive any shares of common stock of the
Company as payout for his or her unvested or forfeited Performance Shares.

 

Except as otherwise
provided below, if a Participant’s employment has not terminated prior to the
end of the Measurement Period, then, as of the last day of such Measurement
Period, the Participant shall become 100% vested in the Performance Shares subject
to his or her Award.

 

Notwithstanding
the foregoing, a Participant whose employment terminates prior to the end of
the Measurement Period due to his death or disability shall become immediately
100% vested in the Performance Shares subject to his or her Award on the date
on which his employment terminated. Furthermore, a Participant whose employment
terminates prior to the end of the Measurement Period, but subsequent to the
date on which the Participant’s age plus years of service equal or exceeds 70,
shall become immediately 100% vested in the Performance Shares subject to his
or her Award as of the date on which his employment terminated; provided,
however, that if following the end of such Participant’s employment but prior
to the end of the Measurement Period, the Participant becomes employed by or
associated with a business, including, without limitation, being a consultant
to, or a member of the board of directors of, such business, which competes
with any business conducted by the Company or its subsidiaries or affiliates,
then the Performance Shares subject to the Award shall instead be wholly
forfeited by the Participant. Finally, in the event of a Change in Control prior to the end of the applicable
Measurement Period, the Participant who is employed on the date of the Change
in Control shall become immediately 100% vested in the Performance Shares on
the effective date of such Change in Control, the Measurement Period shall be
deemed to have ended as of such effective date of such Change in Control, and
the Company will issue a number of shares to the Participant based upon the
Company’s relative TSR performance, but in no event less than a 100% payout. Awards
in which the Participant does not vest in accordance with the foregoing rules
shall be automatically forfeited by such Participant as of the last day of the
applicable Measurement Period.

 

3

 

 

Attainment of Performance
Goal

 

The issuance of shares of
common stock of the Company as a payout of a Participant’s vested Performance
Shares shall be subject to, and dependent upon, the satisfaction of performance
metrics and/or other requirements established by the Committee, including rank
among the Comparative Group at the end of the Measurement Period.

 

Bankruptcy/Cease to Trade

 

In the event that a
member (or members) in the Comparative Group ceases to trade for more than 10
consecutive days on a National Exchange at any point in the Measurement Period,
such member (or members) will be considered to have the lowest ranking in the
Comparative Group.

 

Acquisition From Outside
the Comparative Group

 

In the event that a
member (or members) in the Comparative Group is acquired by, or merges with, a
company that is not a member of the Comparative Group, and at least 24 months
of the Measurement Period has passed, the member’s performance will be frozen
on the date of acquisition. The member’s TSR performance will be determined by
using the average Daily Closing Stock Price (adjusted for splits and dividends)
for the 90 calendar days prior to the beginning of the Measurement Period and
the date of acquisition.

 

If 24 months has not
passed prior to the acquisition/merger, the member will be considered to have
the lowest ranking in the peer group.

 

Merger or Acquisition
From Inside the Comparative Group

 

If two members of the
Comparative Group merge, or if one member of the Comparative Group acquires
another, TSR performance will be calculated as follows:

 

First, the weighted
average aggregate TSR performance will be determined for the two entities. This
will be the addition of the TSR for both entities up to the time of
merger/acquisition, weighted by the market capitalization of the two entities.

 

Second, the TSR
performance will be calculated for the merged entity, as per the provisions of
the Plan, following the time of merger/acquisition.

 

Third, TSR performance
before the merger/acquisition and after the merger/acquisition will be summed,
weighted by the portion of the measurement period prior to the merger/acquisition
and the portion of the measurement period following the merger/acquisition.

 

4

 

Last, each of the two
members of the Comparative Group that are party to such merger or acquisition
shall be deemed to have the TSR performance calculated as set forth above for
purposes of the Rank of the members of the Comparative Group. For example, if
the combined entity would have ranked fifth amongst members of the Comparative
Group, both of the parties to such merger or acquisition shall be deemed to
have ranked fifth.

 

Issuance of Shares

 

For each vested
Performance Share held by the Participant, the Company will issue a like number
of shares of its common stock multiplied by the applicable percentage payout.
The issuance of shares to the Participant will occur as soon as practicable
following the end of the Measurement Period, but in no event later than sixty
(60) days following the end of the Measurement Period.

 

Dividend and Voting
Rights

 

The receipt of an award
of Performance Shares shall not entitle the Participant to voting rights or
dividend rights.

 

A Participant who is
issued shares of common stock as payout for his or her vested Performance
Shares shall thereafter be entitled to vote as a shareholder of the Company and
shall, at the time the shares are issued, receive a lump sum payment equal to
the amount of cash dividends paid during the immediately preceding Measurement
Period on the number of shares of common stock issued to the Participant (e.g.,
if the Participant’s target is 100 shares and the payout is 175 shares, then
contemporaneous with the issuance of the shares, the Participant will receive
an amount equal to the cash dividend paid during the Measurement Period on 175
shares).

 

Administration

 

The Committee shall have
authority to administer and interpret the Plan, establish administrative rules,
approve eligible participants and awards to participants, and take any other
action necessary for the proper and efficient operation of the Plan.

 

General

 

In the event of any
inconsistency between this Plan and the SOIP (pursuant to which this Plan is
adopted and administered), the terms of the SOIP shall be controlling.

 

Neither this Plan nor any
action taken hereunder shall be construed as giving any employee or participant
the right to be retained in the employ of Brinker or an Affiliate.

 

5

 

Nothing in the Plan shall
be deemed to give any employee any right, contractually or otherwise, to
participate in the Plan or in any benefits hereunder, other than the right to
receive an award as may have been expressly awarded by the Committee subject to
the terms and conditions of the applicable award letter provided to the
employee by the Company.

 

The Company is not
required to set aside any assets for payment of the benefits provided under
this Plan. A Participant shall have no security interest in any such amounts. It
is the Company’s intention that this Plan be unfunded.

 

Subject to any restrictions
set forth in the SOIP, the Committee may (i) amend, suspend, or terminate the
Plan at any time and (ii) substitute any awards due currently or in the future
under the Plan, including, but not limited to, any awards that have accrued to
the benefit of participants but have not yet been paid.

 

The number of Performance
Shares awarded to any Participant shall be subject to appropriate proportionate
adjustment to reflect any stock dividend, stock split, share combination,
separation, reorganization, liquidation or the like, of or by the Company.

 

6

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