Document:

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                                  EXHIBIT 10.29

                     SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
                                       OF
                                   BICCGENERAL

                                 Effective As Of
                                 January 1, 2000

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                     SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
                                 OF BICCGENERAL

                                  INTRODUCTION
                                  ------------

This Supplemental Executive Retirement Plan for eligible executives of General
Cable Corporation, trading as BICCGeneral (hereinafter referred to as
"BICCGeneral"), has been adopted by the Board of Directors of BICCGeneral to be
applicable on and after January 1, 2000. The purpose of this Supplemental
Executive Retirement Plan is to provide supplemental retirement benefits to
certain employees of BICCGeneral in addition to the benefits that may be
provided to such employees under other retirement plans maintained by
BICCGeneral. This Plan is also designed to retain executive level personnel.

This Supplemental Executive Retirement Plan is intended to constitute a
non-qualified, unfunded deferred compensation plan for a select group of
management employees under Title I of ERISA. All benefits payable under this
Plan shall be paid from the general assets of BICCGeneral.

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                     SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
                                 OF BICCGENERAL

                                TABLE OF CONTENTS

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ARTICLE I.        DEFINITIONS.............................................................................     1

ARTICLE II.       PARTICIPATION...........................................................................     4
                  2.01     Participation..................................................................     4
                  2.02     Termination of Participation...................................................     4

ARTICLE III.      AMOUNT AND PAYMENT OF SUPPLEMENTAL PENSION BENEFITS.....................................     5
                  3.01     Supplemental Pension Benefit...................................................     5
                  3.02     Early Retirement...............................................................     6
                  3.03     Disability.....................................................................     6
                  3.04     Death Benefits.................................................................     7
                  3.05     Payment of Benefits............................................................     8
                  3.06     Cash Out of Small Benefits.....................................................     9
                  3.07     Forfeiture.....................................................................     9
                  3.08     Source of Benefits.............................................................    10
                  3.09     Restoration to Service.........................................................    10
                  3.10     Receipt and Release............................................................    10

ARTICLE IV.       GENERAL PROVISIONS......................................................................    11
                  4.01     Administration.................................................................    11
                  4.02     Funding  ......................................................................    11
                  4.03     No Contract of Employment......................................................    12
                  4.04     Withholding Taxes..............................................................    12
                  4.05     Nonalienation..................................................................    12
                  4.06     Payment to Minors, Others......................................................    12
                  4.07     Furnishing of Information......................................................    13
                  4.08     Effect on Other Plans..........................................................    13
                  4.09     Indemnification................................................................    13
                  4.10     Claims Procedure...............................................................    13
                  4.11     Construction...................................................................    13
                  4.12     Change in Control..............................................................    14

ARTICLE V.        AMENDMENT OR TERMINATION................................................................    16
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                              ARTICLE I DEFINITIONS
                              ---------------------

1.01     "ADMINISTRATIVE COMMITTEE" shall mean the person or persons appointed
         by the Board to administer and supervise the Plan as provided in
         Article IV. In the absence of such appointment, the Compensation
         Committee shall serve as the Administrative Committee.

1.02     "BENEFICIARY" shall mean the beneficiary designated by a Participant in
         the time and manner determined by the Administrative Committee. If the
         Participant fails to designate a beneficiary, or if his beneficiary
         predeceased him, his beneficiary shall be his spouse or, if none, his
         children in equal shares. If no beneficiary survives the Participant,
         his beneficiary shall be his estate.

1.02     "BOARD" shall mean the Board of Directors of General Cable Corporation
         ("BICCGeneral").

1.03     "CODE" shall mean the Internal Revenue Code of 1986, as amended from
         time to time.

1.04     "COMPENSATION" shall have the same meaning as set forth in the General
         Cable Corporation Retirement and Savings Plan ("GCC Savings Plan")
         except as otherwise provided herein. Compensation shall include: (i)
         base salary, (ii) cash incentive bonuses payable under the Employer's
         annual incentive plan, (iii) other forms of incentive bonuses
         (including lump-sum merit, performance pay, mid-term and long-term
         incentive, and key employee transaction bonuses); (iv) amounts deferred
         under Code Sections 401(k) and 125; and (v) amounts deferred under the
         General Cable Corporation Deferred Compensation Plan. Compensation
         shall not be limited by: (i) the $7,500 limitation on other incentive
         bonuses as stated in Section 1.13(a)(5) of the General Cable
         Corporation Retirement and Savings Plan; or (ii) the indexed limitation
         on compensation required under Code.

1.05     "COMPENSATION COMMITTEE" shall mean the Compensation Committee of the
         Board of Directors.

1.06     "CREDITED SERVICE" shall mean the number of years and months of a
         Participant's most recent period of consecutive employment with the
         Employer ending on the date the Participant retires or otherwise
         terminates his employment with the Employer. Solely for purposes of
         determining the amount of a Participant's Supplemental Pension Benefit,
         a Participant's Credited Service shall also include: (i) service with a
         company other than the Employer as identified in Exhibit I, (ii)

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         with respect to Executive Officers, service as the Compensation
         Committee, in its sole discretion, shall determine; and (iii) with
         respect to all other Participants, service as the Chief Executive
         Officer, in his sole discretion, shall determine.

1.07     "EFFECTIVE DATE" shall mean January 1, 2000.

1.08     "EMPLOYEE" shall mean an individual employed by the Employer.

1.08     "EMPLOYER" shall mean General Cable Corporation or any predecessor or
         successor by merger, purchase or otherwise, and any subsidiary of
         General Cable Corporation.

1.09     "EQUIVALENT ACTUARIAL VALUE" shall mean the equivalent value when
         computed on the basis of such rates, tables and factors as the
         Compensation Committee shall determine upon the advice of an actuary
         appointed by the Compensation Committee.

1.10     "ERISA" shall mean the Employee Retirement Income Security Act of 1974,
         as amended from time to time.

1.11     "EXECUTIVE OFFICER" shall mean the Chief Executive Officer, Chief
         Operating Officer, Chief Financial Officer and General Counsel.

1.11     "FINAL AVERAGE COMPENSATION" shall mean a Participant's annual
         Compensation during the three consecutive calendar years in which it is
         highest over the last five years of his employment with the Employer
         immediately preceding his retirement or other termination of employment
         affording the highest average. For purposes of this Section, any bonus
         payment shall be considered Compensation in the year in which it
         represents taxable income to the Employee.

1.12     "NORMAL RETIREMENT DATE" shall mean the first day of the calendar month
         coincident with or immediately following the earlier of the date the
         Participant: (i) attains age 65 and completes ten years of Credited
         Service or (ii) completes 30 years of Credited Service.

1.13     "PARTICIPANT" shall mean any person participating in the Plan as
         provided in Article II of this Plan.

1.14     "PENSION PLAN" shall mean any defined benefit plans which meet the
         requirements of a qualified plan under Section 401(a) of the Code which
         may be maintained from time to time by the Employer. The term Pension
         Plan shall also include any defined benefit plan which meets the
         requirements of a qualified plan under Section 401(a) of the Code which
         is (or was) maintained by a Participant's

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                                                                          Page 3

         prior employer if any service with such prior employer is deemed
         Credited Service under Section 1.06.

1.15     "PLAN" shall mean the Supplemental Executive Retirement Plan of
         BICCGeneral.

1.16     "SAVINGS PLAN" shall mean any defined contribution plans which meet the
         requirements of a qualified plan under Section 401(a) of the Code which
         may be maintained from time to time by the Employer. The term Savings
         Plan shall also include any defined contribution plan which meets the
         requirements of a qualified plan under Section 401(a) of the Code which
         is (or was) maintained by a Participant's prior employer if any service
         with such prior employer is deemed Credited Service under Section 1.06.

1.17     "SOCIAL SECURITY BENEFIT" shall mean the annual old-age insurance
         benefit the Participant is entitled to receive under Title II of the
         Social Security Act as in effect on the date he retires or otherwise
         terminates his employment, or would be entitled to receive if he did
         not disqualify himself from receiving a Social Security Benefit by
         entering into covered employment or for any other reason. In the case
         of a Participant who retires or otherwise terminates employment with
         the Employer prior to being eligible for an unreduced old-age benefit
         under Title II of the Social Security Act, the Social Security Benefit
         shall be computed on the assumption that the Participant will continue
         to receive compensation at the same rate as in effect on his retirement
         or termination of employment until the date he could first retire with
         the right to an unreduced old-age benefit.

1.18     "SUPPLEMENTAL PENSION BENEFIT" shall mean the amount determined under
         Section 3.01 of the Plan.

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                                                                          Page 4

                            ARTICLE II PARTICIPATION
                            ------------------------

2.01     PARTICIPATION

         An Employee shall become a Participant in this Plan provided that he or
         she is: (i) an Executive Officer, or (ii) a United States-based
         executive selected by the Chief Executive Officer for participation in
         this Plan.

2.02     TERMINATION OF PARTICIPATION

         A Participant's participation in the Plan shall terminate on the date
         he or she terminates his employment with the Employer unless the
         Participant is entitled to a benefit under the Plan. If a Participant
         is entitled to a benefit under the Plan, his or her participation in
         the Plan shall terminate when the benefit is distributed to him.

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                                                                          Page 5

ARTICLE III  AMOUNT AND PAYMENT OF SUPPLEMENTAL PENSION BENEFITS
----------------------------------------------------------------

3.01     SUPPLEMENTAL PENSION BENEFIT

         A Participant who retires or otherwise terminates his employment on or
         after his Normal Retirement Date shall receive an annual benefit for
         the life of the Participant equal to the excess, if any, of:

         (a)      2.5% of the Participant's Final Average Compensation
                  multiplied by his years of Credited Service up to a maximum of
                  20 years;
                                   reduced by

         (b)      the sum of:

                  (i)      the annual amount of a single life annuity payable as
                           of the Participant's retirement or other termination
                           of employment which is of Equivalent Actuarial Value
                           to the Participant's accrued benefit under the
                           Pension Plan determined as of the Participant's
                           retirement or other termination of employment;

                  (ii)     the annual amount of a single life annuity payable as
                           of the Participant's retirement or other termination
                           of employment which is of Equivalent Actuarial Value
                           to the value of the Participant's accounts under the
                           Savings Plan attributable to contributions made by
                           the Employer (other than pre-tax contributions to a
                           qualified cash or deferred arrangement under Section
                           401(k) of the Code made by the Employer on behalf of
                           the Participant) determined as of the Participant's
                           retirement or other termination of employment;

                  (iii)    the Equivalent Actuarial Value determined as of the
                           Participant's retirement or other termination of
                           employment of 50% of the Participant's annual Social
                           Security Benefit; and

                  (iv)     the Equivalent Actuarial Value, determined as of the
                           Participant's retirement or other termination of
                           employment, of the Employer-provided portion of any
                           annual benefit provided under a nonqualified
                           retirement plan or program. Such program shall
                           include but is not limited to, the General Cable
                           Corporation Benefit Equalization Plan.

         The Participant's accrued benefit under the Pension Plan, the value of
         his accounts under the Savings Plan, the amount of his Social Security
         Benefit and any determination which may be required under Section
         3.01(b)(iv) of the Plan

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                                                                          Page 5

         shall be determined as of the first day of the month coincident with or
         immediately following the Participant's retirement or other termination
         of employment.

3.02     EARLY RETIREMENT

         (a)      If a Participant who has not reached his Normal Retirement
                  Date but who, prior to his termination of employment from the
                  Employer, has reached his 60th birthday and has completed ten
                  years of Credited Service with the Employer, may, with the
                  consent of the Administrative Committee, retire from service
                  and receive an early retirement Supplemental Pension Benefit
                  following the Administrative Committee's approval of his
                  retirement.

         (b)      The early retirement Supplemental Pension Benefit shall be a
                  deferred Supplemental Pension Benefit beginning on the
                  Participant's Normal Retirement Date and shall be equal to his
                  Supplemental Pension Benefit determined under Section 3.01.
                  However, the Participant may elect to receive an early
                  retirement Supplemental Pension Benefit beginning on the first
                  day of any calendar month before his Normal Retirement Date
                  and after the Administrative Committee's approval of his
                  retirement. In that case, the Participant's Supplemental
                  Pension Benefit shall be determined in accordance with the
                  provisions of Section 3.01; provided, however, that the amount
                  determined under Section 3.01(a) shall be reduced by
                  five-twelfths of one percent for each month by which the date
                  the Participant's early retirement Supplemental Pension
                  Benefit precedes his Normal Retirement Date.

3.03     DISABILITY

         (a)      A Participant who has completed at least 10 years of Credited
                  Service with the Employer and who ceases to be employed by the
                  Employer on account of disability as defined in the Employer's
                  long-term disability plan shall continue to be credited with
                  Credited Service but only if he is eligible for and
                  continuously receiving disability benefits under the
                  Employer's long-term disability plan. There shall also be
                  included in his Credited Service any applicable waiting period
                  for disability benefits under the Employer's long-term
                  disability plan; provided that after expiration of such period
                  the Participant becomes entitled to such disability benefits.
                  Upon attaining age 65 the Participant shall be entitled to a
                  disability Supplemental Pension Benefit in an amount provided
                  in paragraph (b) below. A Participant's disability
                  Supplemental Pension Benefit shall commence on the
                  Participant's Normal Retirement Date or, if later, the first
                  day of the month on or immediately after the date he ceases,
                  because of retirement or otherwise, to be eligible for
                  payments under the Employer's long-term disability plan.

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         (b)      The Participant's disability Supplemental Pension Benefit
                  shall be determined under Section 3.01 as in effect on the
                  date the Participant's disability Supplemental Pension Benefit
                  commences, based on his Final Average Compensation at the time
                  he ceased employment on account of disability, and his
                  Credited Service under Section 1.06 and paragraph (a) above.

         (c)      If the Participant's disability benefits under the Employer's
                  long-term disability plan are discontinued prior to his Normal
                  Retirement Date and he is not restored to service with the
                  Employer, he shall be entitled to retire and receive an early
                  Supplemental Pension Benefit under Section 3.02 as of the
                  first day of the calendar month immediately after such
                  discontinuance if at the date he ceased to be disabled he had
                  completed ten years of Credited Service with the Employer and
                  he had attained age 60. The Participant's Supplemental Pension
                  Benefit shall be computed on the basis of his Final Average
                  Compensation at the time he ceased employment on account of
                  disability, his Credited Service under Section 1.06 and
                  paragraph (a) above at the date he ceases to be disabled, and
                  the benefit formula in effect on the date he ceases to be
                  disabled.

3.04     DEATH BENEFITS

         (a)      If a Participant eligible for a Supplemental Pension Benefit
                  dies prior to his termination of employment with the Employer,
                  or after he terminates his employment with the Employer but
                  before payment of his Supplemental Pension Benefit begins, his
                  Beneficiary shall receive a Supplemental Pension Benefit. The
                  Supplemental Pension Benefit shall be paid in equal monthly
                  installments beginning the first day of the month following
                  the Participant's death and shall be equal to the excess of:

                  (i)      the amount determined under Section 3.01(a) as of the
                           date of his death, reduced by

                  (ii)     the amount determined under Section 3.01(b) as of the
                           date of his death.

         The Supplemental Pension Benefit shall be paid for a period of 120
         months. If the Participant's Beneficiary dies prior to receiving 120
         monthly payments, any remaining payments shall be made to the
         Beneficiary's estate.

         (b)      If a Participant dies after payment of his Supplemental
                  Pension Benefit begins, his Beneficiary shall receive the
                  benefit, if any, provided in the event

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                                                                          Page 8

                  of the Participant's death under the optional form of benefit
                  in which the Participant's Supplemental Pension Benefit was
                  paid.

3.05     PAYMENT OF BENEFITS

         (a)      Unless the Participant elects an optional form of payment
                  under Section 3.05(b), a Participant's Supplemental Pension
                  Benefit shall be paid to him in monthly installments ending
                  with the last monthly payment before his death.

         (b)      A Participant may elect to convert the Supplemental Pension
                  Benefit otherwise payable to him into an optional benefit of
                  Equivalent Actuarial Value as provided in one of the following
                  optional forms:

                  Option 1 - Joint and 100% Survivor Annuity

                  A modified Supplemental Pension Benefit payable during the
                  Participant's life, and after his death payable during the
                  life of, and to, the Beneficiary named by him when he elects
                  the option.

                  Option 2 - Joint and 50% Survivor Annuity

                  A modified Supplemental Pension Benefit payable during the
                  Participant's life, and after his death payable at one-half of
                  the rate of his modified Supplemental Pension Benefit during
                  the life of, and to, the Beneficiary named by him when he
                  elected the option.

                  Option 3 - Ten Year Certain and Life

                  A modified Supplemental Pension Benefit payable during the
                  Participant's life; provided, however, if the Participant dies
                  before receiving 120 monthly payments, the remaining balance
                  of those 120 monthly payments shall be paid to the Beneficiary
                  named by him when he elected the option. If the Beneficiary
                  does not survive to the end of the 120-month period, a lump
                  sum payment of Equivalent Actuarial Value shall be paid to the
                  estate of the last to survive of the Participant and the
                  Beneficiary.

                  Option 4 - Three Annual Installments

                  A modified Supplemental Pension Benefit payable in equal
                  amounts on the first day of the month coincident with or next
                  following the Participant's termination of employment with the
                  Employee and on the second and third anniversaries of that
                  date. If the Participant dies prior to receiving all three
                  annual installments, any remaining installments shall be paid
                  to his Beneficiary.

                  Option 5 - Single Sum

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                                                                          Page 9

                  A single sum payment; provided, however, that the
                  Administrative Committee, in its sole discretion, approves of
                  such payment. If the Administrative Committee does not grant
                  approval of a single sum payment, the Participant shall make
                  an election to receive benefits in any one of the forms
                  otherwise permitted in this Section 3.05.

         (c)      The Participant shall make his election by filing the
                  appropriate form with the Administrative Committee no later
                  than December 31 of the calendar year which is at least two
                  calendar years prior to the calendar year in which the
                  Participant terminates his employment with the Employer. Any
                  election made under this Section may be revoked in writing by
                  the Participant provided his written revocation is received by
                  the Administrative Committee no later than December 31 of the
                  calendar year which is at least two calendar years prior to
                  the calendar year in which the Participant terminates his
                  employment with the Employer.

3.06     CASH OUT OF SMALL BENEFITS

         Notwithstanding anything in this Plan to the contrary, if upon
         retirement, other termination of employment, or death:

         (a)      the single sum Equivalent Actuarial Value of the Participant's
                  Supplemental Pension Benefit is $10,000 or less; or

         (b)      the monthly Supplemental Pension Benefit payable to the
                  Participant is $100 or less;

         his Supplemental Pension Benefit will be paid in a single sum. Any
         payments to be made under this Section will be made as soon as
         practicable following the Participant's retirement, other termination
         of employment or death.

3.07     FORFEITURE

         Notwithstanding anything in this Plan to the contrary, if the
         Participant's employment with the Employer shall terminate prior to the
         attainment of Early Retirement or Normal Retirement Age as described
         above, and if such termination is not due to death or disability, all
         benefits that would otherwise be payable under this Plan shall be
         forfeited. If a Participant's employment with the Employer shall
         terminate prior to completion of five year of Credited Service with the
         Employer (exclusive of any Credited Service which relates to service
         with a prior employer), all benefits that would otherwise be payable
         under this Plan shall be forfeited. The application of this provision
         may be waived by the Chief Executive Officer; provided, however, that
         any waiver on behalf of an Executive Officer is subject to the consent
         of the Compensation Committee.

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3.08     SOURCE OF BENEFITS

         Supplemental Pension Benefits shall be payable only from the general
         assets of the Employer. However, the Employer may establish a grantor
         trust as provided in Section 4.02 to hold assets adequate to pay
         benefit obligations hereunder.

3.09     RESTORATION TO SERVICE

         If a Participant who retired or whose employment was otherwise
         terminated is restored to employment with the Employer, any payments of
         a Supplemental Pension Benefit under this Plan shall cease. Upon his
         subsequent retirement or termination of employment with the Employer
         and his again becoming entitled to receive a Supplemental Pension
         Benefit, his Supplemental Pension Benefit shall be recomputed in
         accordance with the provisions of this Article. Any recomputed
         Supplemental Pension Benefit shall be reduced by the Equivalent
         Actuarial Value of any Supplemental Pension Benefit payments the
         Participant has previously received.

3.10     RECEIPT AND RELEASE

         Any final payment or distribution to a Participant or Beneficiary or
         their legal representative shall be in full satisfaction of all claims
         against the Plan, the Administrative Committee, the Compensation
         Committee, the Board and the Employer. The Administrative Committee
         may, in its sole discretion, require a Participant, or Beneficiary or
         their legal representative to execute a receipt and release, in such
         form as the Administrative Committee may determine, upon final payment
         of all claims or distributions under the Plan, or a receipt to the
         extent of any partial payment or distribution, as a condition of
         receiving such payment or distribution.

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                                                                         Page 11

                          ARTICLE IV GENERAL PROVISIONS
                          -----------------------------

4.01     ADMINISTRATION

         The administration of the Plan, the exclusive power to interpret it and
         to establish rules and regulations for its administration, and the
         responsibility for carrying out its provisions are vested in the
         Administrative Committee. The Administrative Committee shall have all
         the administrative powers granted under the provisions of the Pension
         Plan to the committee appointed to administer the Pension Plan and
         those provisions shall hereby be incorporated by reference. Any
         interpretation of the Plan by the Administrative Committee or any
         administrative act by the Administrative Committee shall be final and
         binding on all Participants and Beneficiaries. The expenses of the
         Administrative Committee attributable to the administration of the Plan
         shall be paid directly by the Employer.

4.02     FUNDING

         (a)      Nothing contained in this Plan shall require the Employer to
                  segregate any monies from its general funds, or to create any
                  trusts, or to make any special deposits for any amounts to be
                  paid to any Participant, former Participant or Beneficiary.
                  Neither a Participant, former Participant or Beneficiary or
                  their heirs or personal representatives shall have any right,
                  title or interest in or to any of the funds of the Employer on
                  account of this Plan.

         (b)      All Supplemental Pension Benefits payable in accordance with
                  this Plan, as well as any administrative costs relating to the
                  Plan, shall constitute a general unsecured obligation of the
                  Employer and shall be payable only from the general assets of
                  the Employer unless the provisions of Section 4.02(c) below
                  are applicable.

         (c)      The Employer may, for administrative reasons, establish a
                  grantor trust or similar arrangement for the benefit of Plan
                  Participants and their Beneficiaries. The assets of said trust
                  or arrangement will be held separate and apart from other
                  funds of the Employer and shall be used exclusively for the
                  purposes set forth in the Plan and the applicable documents
                  establishing the trust or similar arrangement, subject to the
                  following conditions:

                  (i)      the creation of said trust shall not cause the Plan
                           to be other than "unfunded" for purposes of Title I
                           of ERISA;

                  (ii)     the Employer shall be treated as the "grantor" of
                           said trust for purposes of Sections 671 and 677 of
                           the Internal Revenue Code; and

<PAGE>   15
                                                                         Page 12

                  (iii)    the documents establishing the trust or similar
                           arrangement shall provide that the assets held under
                           the trust or similar arrangement may be used to
                           satisfy claims of the Employer's general creditors,
                           provided that the rights of such general creditors
                           are enforceable under federal and state law.

4.03     NO CONTRACT OF EMPLOYMENT

         The establishment of the Plan shall not be construed as conferring any
         legal rights upon any person for a continuation of employment, nor
         shall it interfere with the rights of the Employer to modify a
         Participant's compensation or to discharge any Participant and to treat
         him without regard to the effect which such treatment might have upon
         him as a Participant in the Plan.

4.04     WITHHOLDING TAXES

         The Employer shall have the right to deduct any required federal, state
         and local withholding taxes from each payment to be made under the
         Plan.

4.05     NONALIENATION

         Subject to any applicable law, no benefit under the Plan shall be
         subject in any manner to anticipation, alienation, sale, transfer,
         assignment, pledge, encumbrance or charge, and any attempt so to do
         shall be void, nor shall any such benefit be in any manner liable for
         or subject to garnishment, attachment, execution or levy, or liable for
         or subject to the debts, contracts, liabilities, engagements or torts
         of the Participant.

4.06     PAYMENT TO MINORS, OTHERS

         If the Administrative Committee finds that a Participant or other
         person entitled to a benefit under the Plan is unable to care for his
         affairs because of illness or accident or because he is a minor, the
         Administrative Committee may direct that any benefit due him be paid to
         his spouse, a child, a parent or other blood relative or a person with
         whom he resides, unless a claim has been made for the benefit by a duly
         appointed legal representative. Any payment made under the provisions
         of this Section shall be a complete discharge of the liabilities of the
         Plan for that benefit.

4.07     FURNISHING OF INFORMATION

         Prior to paying any benefit under this Plan, the Administrative
         Committee may require the Participant or Beneficiary to provide such
         information or material as the

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         Administrative Committee, in its sole discretion, shall deem necessary
         for it to make any determination it may be required to make under this
         Plan. The Administrative Committee may withhold payment of any benefit
         under this Plan until it receives all such information and material and
         is reasonably satisfied of its correctness and genuineness.

4.08     EFFECT ON OTHER PLANS

         Nothing in this Plan shall be deemed to affect the provisions of the
         Pension Plan, the Savings Plan or any other employee benefit plan as
         defined in Section 3(3) of ERISA, or any employment contract maintained
         by or entered into by the Employer.

4.09     INDEMNIFICATION

         Each member of the Administrative Committee shall be indemnified by the
         Employer against all costs and expenses (other than amounts paid in
         connection with a settlement not approved by the Employer) reasonably
         incurred by him in connection with any action or failure to act to
         which he may be a party by reason of his being a member of the
         Administrative Committee, except for actions or failures to act made in
         bad faith or which constitute gross negligence.

4.10     CLAIMS PROCEDURE

         The Administrative Committee shall provide adequate notice in writing
         to any Participant, former Participant or Beneficiary whose claim for
         benefits under this Plan has been denied, setting forth the specific
         reasons for such denial. A reasonable opportunity shall be afforded to
         any such Participant, former Participant or Beneficiary for a full and
         fair review by the Administrative Committee of its decision denying the
         claim. The Administrative Committee's decision on any such review shall
         be final and binding on the Participant, former Participant or
         Beneficiary and all other interested persons.

4.11     CONSTRUCTION

         (a)      The Plan is intended to constitute an unfunded deferred
                  compensation arrangement for a select group of management or
                  highly compensated employees and therefore exempt from the
                  requirements of Sections 201, 301 and 401 of ERISA. All rights
                  hereunder shall be governed by and construed in accordance
                  with the laws of the Commonwealth of Kentucky to the extent
                  such laws are not pre-empted by ERISA or other federal law.

         (b)      The masculine pronoun shall mean the feminine wherever
                  appropriate.
<PAGE>   17
                                                                         Page 14

         (c)      The titles and headings of the Articles and Sections of the
                  Plan are for convenience only. In case of ambiguity or
                  inconsistency, the text, rather than the titles or headings,
                  shall control.

<PAGE>   18
                                                                         Page 15

4.12     CHANGE IN CONTROL

         Notwithstanding any other provision of the Plan, in the event of a
         Change in Control, as defined below, Employer, and any successor
         thereto, shall be required to: (i) establish or maintain a trust as
         described in Section 4.02; and (ii) make an irrevocable contribution to
         such trust in an amount sufficient to pay each Participant and
         Beneficiary the benefit accrued hereunder. A Change in Control shall be
         the occurrence of any of the following:

         (a)      any person or other entity (other than any of BICCGeneral's
                  subsidiaries or any employee benefit plan sponsored by
                  BICCGeneral or any of its subsidiaries) including any person
                  as defined in Section 13(d)(3) of the Securities Exchange Act
                  of 1934, as amended (the "Exchange Act"), becomes the
                  beneficial owner, as defined in Rule 13d-3 under the Exchange
                  Act, directly or indirectly, of more than fifty percent (50%)
                  of the total combined voting power of all classes of capital
                  stock of BICCGeneral normally entitled to vote for the
                  election of directors of the BICC General (the "Voting
                  Stock");

         (b)      the stockholders of BICCGeneral approve the sale of all or
                  substantially all of the property or assets of BICCGeneral and
                  such sale occurs;

         (c)      the stockholders of BICCGeneral approve a consolidation or
                  merger of BICCGeneral with another corporation (other than
                  with any of BICCGeneral's subsidiaries), the consummation of
                  which would result in the shareholders of BICCGeneral
                  immediately before the occurrence of the consolidation or
                  merger owning, in the aggregate, less than 60% of the Voting
                  Stock of the surviving entity, and such consolidation or
                  merger occurs; or

         (d)      a change in BICCGeneral's Board of Directors occurs with the
                  result that the members of the Board on the Effective Date
                  (the "Incumbent Directors") no longer constitute a majority of
                  such Board of Directors, provided that any person becoming a
                  director (other than a director whose initial assumption of
                  office is in connection with an actual or threatened election
                  contest or the settlement thereof, including but not limited
                  to a consent solicitation, relating to the election of
                  directors of BICCGeneral) whose election or nomination for
                  election was supported by two-thirds (2/3) of the then
                  Incumbent Directors shall be considered an Incumbent Director
                  for purposes hereof.

<PAGE>   19
                                                                         Page 16

                       ARTICLE V AMENDMENT OR TERMINATION

The Chief Executive Officer may modify or amend the Plan at any time, provided,
however, that any material modification shall be subject to Compensation
Committee approval. The Board of Directors may suspend or terminate this Plan
for any reason at any time. No modification, amendment, suspension or
termination of the Plan shall adversely affect the right of any Participant or
his Beneficiary to receive the benefits granted under the Plan by the Employer
in respect of such Participant as of the date of modification, amendment,
suspension or termination unless the Participant or his Beneficiary, as the case
may be, agrees in writing to such modification, amendment, suspension or
termination.

IN WITNESS WHEREOF, the proper officer of General Cable Corporation has executed
this instrument this 20th day of December, 1999.

                                       GENERAL CABLE CORPORATION t/a BICCGENERAL

                                       By: /s/CHRISTOPHER F. VIRGULAK

Attest:<PAGE>   1
                                  EXHIBIT 10.30

                                   BICCGENERAL

                             MID-TERM INCENTIVE PLAN

1.       PURPOSE

         1.01 The purpose of the Mid-Term Incentive Plan (the "Plan") is to
motivate executive officers and key employees to create sustainable increases in
shareholder value over time and to align their interests directly with Company
shareholders and to serve as a retention vehicle.

2.       ADMINISTRATION

         2.01 The Plan shall be administered by a committee appointed by the
Board of Directors (the "Committee") from among its members. The Committee
initially shall be the Board's Compensation Committee. Unless the Board
otherwise determines, the Committee shall be comprised solely of not less than
three members who each shall qualify, at the time of the appointment, as an
"outside director" within the meaning of Section 162(m) of the Internal Revenue
Code of 1986, as amended (the "Code") and related regulations.

         2.02 The Committee shall have all the powers vested in it by the terms
of the Plan, such powers to include authority (within the limitations described
herein) to select the persons to be granted Awards under the Plan, to determine
the time when Awards will be granted, to determine whether performance
objectives and other conditions for earning Awards have been met, and to
determine whether Awards will be paid at the end of the performance period or
deferred or eliminated. The Committee is authorized, subject to the provisions
of the Plan, to establish such rules and regulations as it deems necessary for
the proper administration of the Plan and to make such determinations and
interpretations and to take such action in connection with the Plan and any
Awards granted hereunder as it deems necessary or advisable. All determinations
and interpretations made by the Committee shall be binding and conclusive on all
persons participating in the Plan and their legal representatives. No member of
the Committee and no employee of the Company shall be liable for any act or
failure to act hereunder, except in circumstances involving his or her bad
faith, gross negligence or willful misconduct, or for any act or failure to act
hereunder by any other member or employee or by any agent to whom

                                     Page 1
<PAGE>   2

duties in connection with the administration of this Plan have been delegated.
The Company shall indemnify members of the Committee and any agent of the
Committee who is an employee of the Company against any and all liabilities or
expenses to which they may be subjected by reason of any act or failure to act
with respect to their duties on behalf of the Plan.

         2.03 The Committee may delegate to one or more of its members, or to
one or more Executive Officers, including to the Chief Executive Officer of the
Company, authority to select key associates other than Executive Officers to be
granted Awards under the Plan and to make all other determinations in respect to
such Awards. In addition, the Committee may delegate to such persons such
administrative duties as it deems advisable. References herein to "Committee"
shall include any such delegatee, except where the context otherwise requires.
The Committee, or any person to whom it has delegated duties as aforesaid, may
employ one or more persons to render advice with respect to any responsibility
the Committee or such person may have under the Plan including such legal or
other counsel, consultants and agents as it may deem desirable for the
administration of the Plan and may rely upon any opinion or computation received
from any such counsel, consultant or agent. Expenses incurred in the engagement
of such counsel, consultant or agent shall be paid by the Company.

3.       ELIGIBILITY

         3.01 Eligibility for awards under the Plan shall initially be limited
to Executive Officers of the Company and other key associates selected for
participation (the "Participants") under paragraph 2 above.

4.       MID-TERM INCENTIVE AWARDS

         4.01 Each Award granted under the Plan shall represent an amount
payable in cash, Company common stock or restricted stock to the Participant
upon accomplishment of one or more or a combination of performance objectives
("Performance Objectives") for a specified multi-year Performance Cycle, subject
to all other terms and conditions of the Plan and such other terms and
conditions as may be specified by the Committee. The Performance Objectives for
an Award to an Executive Officer and key employee shall consist of specific
Performance Objectives approved by the Committee. The grant of Awards under the
Plan shall be evidenced by Award letters in a form approved by the Committee
from time to time which shall contain the terms and conditions, as determined by
the Committee, of a Participant's Award; provided, however, that in the event of
any conflict between the provisions of the Plan and Award letters, the
provisions of the Plan shall prevail.

                                     Page 2
<PAGE>   3

         4.02 An award will be a specified multiple of a Participant's Target
Mid-Term Incentive Award for the first year of the Performance Cycle. The Plan
is tied to the achievement of financial goals related to the Company's
cumulative Total Business Return ("TBR"). The Plan consists of overlapping
Performance Cycles with a new Performance Cycle beginning each Fiscal Year
("FY") on January 1. The Plan will be phased in over a two-year period with a
one and two-year Performance Cycle until a "full" three-year Performance Cycle
begins. The Plan will be introduced in (FY) 2000 with a one-year Performance
Cycle (FY 2000) a two-year Performance Cycle (FY 2000 - FY 2001) and a three
year Performance Cycle (FY 2000 - 2002). The next three-year Performance Cycle
(FY 2001 - FY2003) begins in FY 2001.

         4.03 Awards payable in respect of a given Performance Cycle may be
settled only if and to the extent specific Performance Objectives established at
the beginning of the Performance Cycle have been achieved and the amount of the
Awards has been accrued on the books of the Company before settlement. The
maximum amount of an Award granted to any one Participant in respect of a
Performance Cycle shall not exceed $5 million. This maximum amount limitation
shall be measured at the time of settlement of an Award under this Section 4.

         4.04 The Committee shall select those Executive Officers and key
employees who it determines are to be Participants for a given Performance Cycle
and grant Awards to such Participants not later than 90 days after the
commencement of the Performance Cycle. In granting an Award, the Committee shall
establish the amount of the Award in accordance with 4.01 and 4.02 and other
terms of such Award. Other provisions of the Plan notwithstanding, in the case
of any Participant who initially becomes employed by the Company as an Executive
Officer or key associate after the commencement of a Performance Cycle, the
Participant may be granted an Award prorated for the remaining period in the
Performance cycle from the date of hire.

         4.05 At the end of each Performance Cycle, the Committee shall
determine the extent to which the Awards shall be funded based on achievement of
pre-determined Performance Objectives for such a Performance Cycle. The
Committee shall determine the maximum amount payable to any Participant in
respect of an Award for the Performance Cycle and the amount payable to each
Participant in settlement of the Participant's Award for the Performance Year.
The Committee, at its discretion, may determine that the amount payable to any
Participant in settlement of an Award shall be reduced, including a
determination to make no final Award whatsoever. The Committee shall certify in
writing, in a manner confirming to applicable regulations under Section 162(m)
of the Code, prior to settlement of each Award granted to an Executive officer,
that the Performance Objectives and other

                                     Page 3
<PAGE>   4

material terms upon which settlement of the Award was conditioned have been
satisfied.

         4.06 The Committee may adjust or modify Awards or terms of Awards (1)
in recognition of unusual or nonrecurring events affecting the Company or any
business unit, or financial statements or results thereof, or in response to
changes in applicable laws (including tax, disclosure, and other laws),
regulations, accounting principles, or their circumstances deemed relevant to
the Committee, (2) with respect to any Participant whose position or duties with
the Company change during the Performance Cycle, or (3) with respect to any
person who first becomes a Participant after the first day of the Performance
cycle; PROVIDED, HOWEVER, that no adjustment to an Award granted to an Executive
Officer shall be authorized or made if and to the extent that such authorization
or making of such adjustment would contravene the requirements applicable to
"performance-based compensation" under Section 162(m) of the Code and related
regulations.

         4.07 Awards will be paid in cash, as a lump sum amount, Company common
stock or a combination, as soon as practical following the completion of the
final year of the Performance Cycle and after the receipt of the Audited
Financial Statements, completion of the TBR valuation, and review and approval
by the Committee. Awards are considered eligible compensation under the
Company's Deferred Compensation Plan and may be deferred subject to the terms
and conditions of that plan unless otherwise specified by the Committee.

5.       TERMINATION OF EMPLOYMENT

         5.01 Except as otherwise provided in any written agreement between the
Company and a Participant, if a Participant ceases to be employed by the Company
prior to settlement of an Award for any reason other than death, disability (as
determined by the Committee), normal retirement, or early retirement with the
approval of the Committee, such Award shall be forfeited. If such cessation of
employment results from such Participant's death, disability normal retirement,
or early retirement with the approval of the Committee, the Committee shall
determine, in its sole discretion and in such manner as it may deem reasonable
(subject to Section 6), the extent to which the Performance Objectives for the
Performance Year or portion thereof completed at the date of cessation of
employment have been achieved, and the amount payable in settlement of the Award
based on such determinations. The Committee may base such determination on the
performance achieved for the full year, in which case its determination may be
deferred until following the Performance Year. Such Participant or his or her
beneficiary shall be entitled to receive settlement of such Award at the
earliest time such payment may

                                     Page 4
<PAGE>   5

be made without causing the payment to fail to be deductible by the Company
under Section 162(m) of the Code.

6.       STATUS OF AWARDS UNDER SECTION 162(m)

           6.01 It is the intent of the Company that Awards granted to Executive
Officers shall constitute "performance-based compensation" within the meaning of
Section 162(m) of the Code and related regulations thereunder, if at the time of
settlement the Participant remains an Executive Officer. Accordingly, the Plan
shall be interpreted in a manner consistent with Section 162(m) of the Code and
regulations. If any provision of the Plan relating to Executive Officers or any
Award letter evidencing an Award to an Executive Officer does not comply or is
inconsistent with the provisions of Section 162(m)(4)(C) of the Code or
regulations thereunder (including Treasury Regulation 1.162-27(e)) required to
be met in order that compensation (other than post-termination compensation)
shall constitute "performance-based compensation," such provision shall be
construed or deemed amended to the extent necessary to conform to such
requirements, and no post-termination settlement shall be authorized or made
under Section 5 if and to the extent that such authorization or settlement would
contravene such requirements.

7.       TRANSFERABILITY

         7.01 Awards and any other benefit payable under, or interest in, this
Plan are not transferable by a Participant except upon Participant's death by
will or the laws of descent and distribution, and shall not be subject in any
manner to anticipation, alienation, sale, transfer, assignment, pledge,
encumbrance, or charge, and any such attempted action shall be void.

8.       WITHHOLDING

         8.01 All payments relating to an Award, whether at settlement or
resulting from any further deferral or issuance of an Award under another plan
of the Company in settlement of the Award, shall be net of any amounts required
to be withheld pursuant to applicable federal, state and local tax withholding
requirements. In any case in which payments will be in a form other than cash,
the Company shall have the right to withhold the amount of such taxes from any
other sums due or to become due from the Company to the Participant as the
Committee shall prescribe.

9.       TENURE

                                     Page 5
<PAGE>   6

         9.01 A Participant's right, if any, to continue to serve the Company as
an Executive Officer, officer, employee, or otherwise, shall not be enlarged or
otherwise affected by his or her designation as a Participant or any other event
under the Plan.

10.      NO RIGHTS TO SETTLEMENT OR PARTICIPATE

         10.01 Until the Committee has determined to settle an Award under
Section 4, a Participant's selection to participate, the grant of an Award, and
other events under the Plan shall not be construed as a commitment that any
Award will be settled under the Plan. Nothing in the Plan shall be deemed to
give any eligible employee any right to participate in the Plan except upon
determination of the Committee under Section 4. The foregoing notwithstanding,
the Committee may authorize legal commitments with respect to Awards under the
terms of an employment agreement or other agreement with a Participant, to the
extent of the Committee's authority under the Plan, including commitments that
limit the Committee's future discretion under the Plan, but in all cases subject
to Section 6.

11.      UNFUNDED PLAN

         11.01 Participants shall have no right, title, or interest whatsoever
in or to any specific assets of the Company or investments which the Company may
make to aid 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 a fiduciary relationship between the
Company and any Participant, beneficiary, legal representative or any other
person. To the extent that any person acquires a right to receive payments from
the Company under the Plan, such right 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
fund shall be established and no segregation of assets shall be made to assure
payment of such amounts. The Plan is not intended to be subject to the Employee
Retirement Income Security Act of 1974, as amended.

12.      OTHER COMPENSATORY PLANS AND ARRANGEMENTS

         12.01 Nothing in the Plan shall preclude any Participant from
participation in any other compensation or benefit plan of the Company or its
subsidiaries. The adoption of the Plan and the grant of Awards hereunder shall
not preclude the Company or any subsidiary from paying any other compensation
apart from the Plan, including compensation for services or in respect of
performance in a Performance Year for which an Award has been made.

                                     Page 6
<PAGE>   7

13.      DURATION, AMENDMENT AND TERMINATION OF PLAN

         13.01 No Award may be granted in respect of any Performance Year after
2010. The Board may amend the Plan from time to time or suspend or terminate the
Plan at any time, PROVIDED HOWEVER, that such action shall be subject to
stockholder approval if and to the extent required by law or regulation, or to
ensure that compensation under the Plan will qualify as "performance-based
compensation" under Section 162(m).

14.      GOVERNING LAW

         14.01 The Plan, Awards granted hereunder, and actions taken in
connection herewith shall be governed and construed in accordance with the laws
of the Commonwealth of Kentucky (excluding principles of conflict of laws).

                                     Page 7
<PAGE>   8

15.      CHANGE IN CONTROL

         15.01 Notwithstanding any other provision of this Plan, if there is a
Change in Control of the Company (as defined in Section 15.02 below), the
Committee, in its discretion, may take such actions as is deemed appropriate
with respect to outstanding Awards, including, without limitation, accelerating
the payout of such Awards either in total or on a pro rated basis.

         15.02 For purposes of this Section 15, (1) if there is an employment
agreement or a change-in-control agreement between the Participant and the
Company or any of its Subsidiaries in effect, "Change in Control" shall have the
same meaning as the definition of "change in control" contained in that
employment agreement or change-in-control agreement, or (2) if "Change in
Control" is not defined in such employment agreement or change-in-control
agreement, or if there is no employment agreement of change-in-control agreement
between the participant and the Company or any of its Subsidiaries in effect, a
"Change in Control" of the Company shall be deemed to have occurred upon any of
the following events:

         (a)      any person or other entity (other than any of the Company's
                  Subsidiaries or any employee benefit plan sponsored by the
                  Company or any of its Subsidiaries) including any person as
                  defined in Section 13(d)(3) of the Securities Exchange Act of
                  1934 as amended (the "Exchange Act"), becomes the beneficial
                  owner, as defined in Rule 13d-3 under the Exchange Act,
                  directly or indirectly, of more than 35 percent of the total
                  combined voting power of all classes of capital stock of the
                  Company normally entitled to vote for the election of
                  directors of the Company (the "Voting Stock");

         (b)      the stockholders of the Company approve the sale of all or
                  substantially all of the property or assets of the Company and
                  such sale occurs;

         (c)      the Company's Common Stock shall cease to be publicly traded
                  (other than a suspension of trading that lasts for a short
                  period of time);

         (d)      the stockholders of the Company approve a consolidation or
                  merger of the Company with another corporation (other than
                  with any of the Company's Subsidiaries), the consummation of
                  which would result in the shareholders of the Company
                  immediately before the occurrence of the consolidation or
                  merger owning, in the aggregate, less than 60 percent of the
                  Voting Stock of the surviving entity, and such consolidation
                  or merger occurs; or

                                     Page 8
<PAGE>   9

         (e)      a change in the Company's Board occurs with the result that
                  the members of the Board on the Effective Date no longer
                  constitute a majority of such Board, provided that any person
                  becoming a director (other than a director whose initial
                  assumption of office is in connection with an actual or
                  threatened election contest or the settlement thereof,
                  including but not limited to a consent solicitation, relating
                  to the election or directors of the Company) whose election or
                  nomination for election was supported by two-thirds (2/3) of
                  the then Incumbent Directors shall be considered an Incumbent
                  Director for purposes hereof.

16.      EFFECTIVE DATE

         16.01 The Plan shall be effective as of January 1, 2000 ; provided,
however, that the Plan shall be subject to approval of the stockholders of the
Company at an annual meeting or any special meeting of stockholders of the
Company before settlement of Awards for the 2000 Performance Year so that
compensation will qualify as "performance-based compensation" under Section
162(m) of the Code and related regulations. In addition, the Board may determine
to submit the Plan to stockholders for reapproval at such times, if any,
required in order that compensation under the Plan shall qualify as
performance-based compensation.

17.      DEFINITIONS

         17.01 Unless otherwise required by the context, the terms used in this
Plan shall have the meanings hereinafter set forth:

         (a)      "BICCGeneral" shall mean General Cable Corporation trading as
                  BICCGeneral, a Delaware corporation, and its subsidiaries.

         (b)      "Board of Directors" shall mean the Board of Directors of the
                  Company.

         (c)      "Committee" shall mean the Compensation Committee of the
                  Company

         (d)      "Common Stock" shall mean shares of common stock of the
                  Company

         (e)      "Company" shall have the same meaning as BICCGeneral in
                  definition (a) above Corporation, a Delaware Company.

         (f)      "Executive Officer" shall mean an individual employed by the
                  Company or a subsidiary as Chief Executive Officer, Chief
                  Operating Officer, Executive Vice President or similar
                  executive position who also is an executive officer for
                  purposes of Rule 3b-7 of the Securities Exchange Act.

                                     Page 9
<PAGE>   10

         (g)      "Fiscal Year" shall mean a financial year of the Company
                  ending on December 31.

         (h)      "Mid-Term Incentive Award" shall mean a cash or stock payment
                  (or a combination) made to a Participant in the in the
                  Mid-Term Incentive Plan subject to the Plan rules and
                  Committee discretion.

         (i)      "Participant" shall mean an employee of the Company to whom
                  participation has been extended under the Plan.

         (j)      "Performance Cycle" shall mean the one to three-year period
                  over which performance is measured for the Company's Plan.

         (k)      "Performance Measure" shall mean one or more the cumulative
                  Total Business Return for the performance cycle

         (l)      "Performance Objective" shall mean one or more specific
                  targets or standards of performance under the pre-established
                  categories of performance factors.

         (m)      "Target Mid-Term incentive Award" shall be expressed as a
                  percentage of a Participant's Base Salary, and shall mean the
                  amount that would normally be paid at the expected or target
                  level of performance for the duration of the Performance
                  Cycle.

         (n)      "Total Business Return" shall mean the Company's capitalized
                  change in EBITDA + Free Cash Flow over the Performance Cycle.

                                    Page 10

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