Document:

<PAGE>

                                                                   Exhibit 10.13

                           CH2M HILL Companies, Ltd.
                   Deferred Compensation Retirement Program
                                 Plan Summary

Plan Objectives

CH2M HILL Companies, Ltd.'s Deferred Compensation Retirement Program (DCRP) is
effective December 1, 1995 and has the following major objectives:

 .  To provide you with a universal life policy with cash values which would help
   restore retirement benefits otherwise payable to you if not for governmental
   limitations

 .  To provide senior executives with a competitive retirement program

 .  To provide you with a wide array of payout options at retirement

Eligibility

Senior executive officers of CH2M HILL Companies, Ltd. and its subsidiaries who
have base salaries $10,000 above the federally allowed maximum contribution and
who have been selected by the Board of Directors as being eligible for
participation in this Plan. The following positions have been approved by the
Board for participation if the salary requirements have been obtained:

         President and CEO

         Chairman of the Board

         Chief Financial Officer

         Subsidiary Presidents

Other positions meeting the salary requirements and approved by the Board will
be eligible for participation. The maximum participation level is such that
total participant salaries may not exceed one percent of the total payroll of
CH2M HILL Companies, Ltd.<PAGE>
                                                                   Exhibit 10.14

                           CH2M HILL COMPANIES, LTD.
                         DEFERRED COMPENSATION PROGRAM

CH2M HILL COMPANIES, LTD. hereby established the CH2M HILL COMPANIES, LTD.
Deferred Compensation Program (the "Program") for select group of its senior
executives eligible to participate in the Program to its terms, effective as of
January 1, 1997.

          1.  Purpose:
              --------

          The purpose of this program is to provide for an unfunded,
nonqualified deferred compensation arrangement for a select group of senior
executives of the Company in order to assist in attracting and retaining such
senior executives and to encourage such senior executives to devote their best
efforts to the business of the Company.

          2.  Definitions:
              ------------

          2.01  "Agreement" means the Deferred Compensation Agreement between
the Company and the Employee.  Each Plan Year deferral will be covered by a
separate Agreement.

          2.02  "Beneficiary" means the person or persons or other entity or
entities that have been designated by the Employee to receive, after his death,
benefits under the Program in accordance with the terms of the Program.  The
designation by the Employee must be on forms prescribed by the Company and must
be filed with the Company.  Should the Employee fail to designate a Beneficiary,
or should the designated Beneficiary fail to survive the Employee, the benefits
due hereunder shall be paid to the Employee's estate.  Beneficiary designations
may be revoked or changed by filing a new Beneficiary designation with the
company.

          2.03  "Change of Control" shall be deemed to have occurred upon the
purchase or other acquisition by any person, entity or group of persons, within
the meaning of section 13(d) or 14(d) of the Securities Exchange Ace of 1934
(the "Act"), or any comparable successor provisions, of beneficial ownership
(within the meaning of Rule 13d-3 promulgated under the Act) of 30 percent or
more of either the outstanding shares of common stock or the combined voting
power of Company's then outstanding voting securities entitled to vote
generally, or the approval by the stockholders of Company of a reorganization,
merger, or consolidation, in each case, with respect to which persons who were
stockholders of Company immediately prior to such reorganization, merger, or
consolidation do not, immediately thereafter, own more than 50 percent of the
combined voting power entitled to vote generally in the election of directors of
the reorganized, merged or consolidated Company's then outstanding securities,
or a liquidation or dissolution of Company or of the sale of all or
substantially all of Company's assets.

          2.04  "Commencement Date" means the first day of the Plan Year with
respect to which a Compensation deferral occurs.
<PAGE>

          2.05  "Committee" shall mean the Compensation and Work Force Committee
of the Board of Directors.

          2.06  "Compensation" means the Employee's base salary to be received
during a Plan Year from the Company and any bonus or unused vacation earned by
and payable to the Employee with respect to any Plan Year.

          2.07  "Company" means CH2M HILL COMPANIES, LTD. and any subsidiaries,
affiliates or members of a controlled group, as defined in Internal Revenue Code
Section 1563 and the related regulations.

          2.08  "Disability" means any disability of the Employee pursuant to
which the Employee is entitled to benefits under the Company's long term
disability program.

          2.09  "Deferred Compensation Amount" means the cumulative deferrals of
the Employee, plus the accretions for earnings, and minus any previous payments
made to the Employee in accordance with the provisions of section 6 of the
Program.

          2.10  "Employee" or "eligible employee" means an employee of the
Company who is designated as eligible for participation in the Program pursuant
to the terms hereof.

          2.11  "Plan Year" means a calendar year.

          2.12  "Serious Financial Hardship" means an immediate and heavy
financial need if the hardship is caused by one or more of the following:

          (a)   Accident or illness involving the participant, a member of the
          participant's immediate family or household or another dependent, (as
          defined in Code Section 152) if medical expenses would be deductible
          under Section 213(d) of the Internal Revenue Code;

          (b)   The current cost of post-secondary education of a member of the
           Participant's immediate family;

          (c)   The cost of buying the principal residence of the Participant,
          not including making mortgage payments;

          (d)   The cost of preventing an eviction or mortgage foreclosure on
          the principal residence of the Participant, or;

          (e)   Any other deemed immediate and heavy financial need which the
          Internal Revenue Service may designate.

          2.13  "Unused Vacation" means those hours of "time off with pay"
(TOWP) or vacation fringe benefit hours accumulated to the benefit account of
the eligible Employee of the beginning of a plan year in which compensation is
deferred. Unused vacation hours will be converted to compensation at the
employee's hourly base pay rate for the year previous to the plan year.
<PAGE>

          3.    Administration:
                ---------------

          The Committee shall have full power and authority to administer and
interpret the Program, subject to the provisions of the Program and to such
matters as are reserved under the Program to the Board of Directors of the
Company.  The Committee may adopt such administrative guidelines and procedures
as it deems necessary or helpful in administering the Program.

          4.    Eligibility:
                ------------

          The Committee based on recommendations from management, shall
designate the Employees who may participate in the Program for a Plan Year from
among those employees of the Company who meet the criteria for designation.  The
employees who are eligible for designation for participation shall be those
employees who are members of a select group of management or highly compensated
employees.  Participation in the Plan will be on a Plan Year by Plan Year basis,
and participation for any Plan Year will not, in and of itself, entitle an
employee to participate for any other Plan Year.

          5.    Compensation Deferred:
                ----------------------

          5.01  Compensation to be deferred - An Employee may elect to
defer part of his Compensation for a Plan Year, except that:

          (a)   the maximum deferral is 50% of base salary and 100% of any cash
          bonus and unused vacation in excess of two weeks TOWP, unless a higher
          percentage is approved by the Committee;

          (b)   the minimum deferral for a Plan Year when deferral is elected
          shall be 10% of base salary or excess vacation with a compensation of
          $5000.

Deferrals from base salary shall be withheld in substantially equal amounts from
the base salary otherwise payable for the Plan Year for which the deferral is
made.  Deferrals from bonuses and unused vacation shall be withheld from the
bonus or unused vacation otherwise payable for the Plan Year for which the
deferral is made.

          5.02  Time and Method of Election to Defer - Election to defer shall
be made at any time prior to the beginning of the Plan Year for which the
Compensation shall be deferred.  Any election so made shall be irrevocable with
respect to that Plan Year.  If no election is made, all Compensation shall be
paid on a regular basis during the Plan Year.  Election shall be by written
notice to the Company.

          6.    Payment:
                --------

          6.01  Payment of the Deferred Compensation Amount shall be governed by
the irrevocable elections made by the employee with each Plan Year's Agreement.
Payment shall commence after the earlier of the Employee's death, disability,
attainment of the age selected in the Agreement, or termination of employment
with the Company.
<PAGE>

          6.02  In the event of the Employee's death prior to commencement of
distribution of the Deferred Compensation Amount, the entire Deferred
Compensation Amount shall be paid to the Employee's Beneficiary as soon as
practical after the death of the Employee.

          6.03  In the event of the Employee's death after commencement of
distribution of benefits, but prior to the complete distribution of all benefits
to which the Employee is entitled, then payment of the remaining balance of the
Deferred Compensation Amount shall be governed by the irrevocable elections made
by the Employee with each Plan Year's Agreement.

          6.04  Each Plan Year's deferrals shall be accounted for separately and
payment of the deferred amounts shall be governed by the Agreement for the year
of deferral.  Notwithstanding the fact that election may have been made to have
the Deferred Compensation Amounts paid in installments, in the event that the
total monthly installments for all Plan Year Deferrals is less than $1000, then
the monthly payment shall be increased to $1000, with the excess charged against
the earliest Plan Year's deferral, with a corresponding reduction in the number
of monthly installments.  The Committee may adjust this minimum monthly payment
from time to time, at its sole discretion.

          6.05  Notwithstanding the irrevocable elections made by the
participant, the Committee, in their sole and absolute discretion, may modify
the payment of any Deferred Compensation Amounts which the Participant has
elected to have paid in a lump sum.  Such modification shall not result in the
payment of such Deferred Compensation Amounts over a period of greater than five
years.  Payments shall be in substantially equal monthly installments, and the
unpaid Deferred Compensation Amounts shall continue to earn interest as provided
in section 9, until such Deferred Compensation Amounts have been paid in full.

          6.06  In the event of Serious Financial Hardship of a Participant, the
Participant may request distribution of some or all of the Participant's
Deferred Compensation Amount.  The Committee may require such evidence as it
deems necessary to determine if a distribution is warranted.  The Committee
shall have the power to cease further deferrals by the Participant in lieu of or
in addition to permitting a distribution.  Payment shall not be made to the
extent that the hardship is or may be relieved through reimbursement or
compensation by insurance or otherwise, or by liquidation of the Participant's
assets, to the extent such liquidation would not itself cause Serious Financial
Hardship.  Distribution shall be limited to the amount necessary to meet the
emergency and the anticipated income taxes that would arise from the
distribution.

          7.    Termination of Employment after Change of Control:
                --------------------------------------------------

          Notwithstanding section 6 of the Program, if the employment of an
Employee is terminated, other than by death, disability or normal retirement,
within three years after a Change of Control, payment of the entire Deferred
Compensation Amount shall be made in a lump sum as soon as practical after
termination of employment.
<PAGE>

          8.    Nature of Company's Obligation:
                -------------------------------

          This Program is intended and shall be construed as an unfunded plan
maintained by the Company primarily for the purpose of providing deferred
compensation for a select group of management or highly compensated employees.
The benefits provided under this Program shall be a general, unsecured
obligation of the Company payable solely from the general assets of the Company,
and neither the Employee nor the Employee's Beneficiaries or estate shall have
any interest in any assets of the Company by virtue of this Program.  No fund or
other assets will ever be set aside or segregated for the benefit  of the
Employee or the Employee's Beneficiaries under this Program.  The adoption of
this Program and any setting aside of amounts by the Company with which to
discharge its obligations hereunder shall not be deemed to create a trust; legal
and equitable title to any funds so set aside shall remain subject to the
general creditors of the Company.  If it becomes necessary for Employee to
institute a claim, by litigation or otherwise, to enforce his rights under the
Program, the Company agrees to indemnify Employee from and against all costs and
expenses, including legal fees, incurred by him in instituting and maintaining
such claim.

          9.    Earnings:
                ---------

          9.01  The Deferred Compensation Amount shall be credited with interest
computed based upon 125 percent of the Long Term Corporate Bonds of Aaa Quality
as determined by Moody's.  The interest rate shall be adjusted on January 1 and
July 1 of each year based upon the Moody's rate for the immediately preceding
month.  In the event that Moody's ceases publishing its Long Term Corporate Bond
rates, then the Committee shall substitute a reasonably comparable rate.

          9.02  In the event that an Employee has commenced distribution of the
Deferred Compensation Amount, the crediting of interest on the unpaid balance
shall continue until the Deferred Compensation Amount has been distributed in
full.

          9.03  Interest shall be computed and credited monthly based upon the
balance of the Deferred Compensation Amount as of the last day of the
immediately preceding month.

          10.   Miscellaneous Provisions:
                -------------------------

          10.01 Amendment - This Program may be amended from time to time or
terminated by the Compensation and Work Force Committee of the Board of
Directors of the Company (or such successor Board Committee as may subsequently
be assigned similar jurisdiction), but no such amendment or termination, other
than as provided in 10.02 of this Program, may change an election which an
Employee has made, nor any rights and obligations thereunder.

          10.02 Termination - The Company may terminate further deferrals under
the Program for any reason with respect to deferrals for Plan Years beginning
after the date of the Company's termination of the Program.  In the event of
such cessation of deferrals, all other rights and obligations shall continue
until all Deferred Compensation Amounts have
<PAGE>

been paid to all Employees under the terms of the Program. At any time following
a Change in Control, the Company may terminate the Program, but only if either
the federal tax laws change or are construed in such a manner as to adversely
affect the Company's after tax cost to provide the benefits under the Program or
the provisions of the Employee Retirement Income Security Act of 1974 (other
than reporting and disclosure requirements) become applicable to deferrals under
the Program. In the event of such termination, each Employee's Deferred
Compensation Amount shall become immediately due and payable.

          10.03  Successors, Mergers, or Consolidations - Any Agreement under
the Program shall inure to the benefit of and be binding upon (i) the Company
and its successors and assigns and upon any corporation into which the Company
may be merged or consolidated, and (ii) the Employee, and his heirs, executors,
administrators and legal representatives.

          10.04  Termination of Employment during Plan Year - If any Employee
terminates his employment for any reason during a Plan Year for which
compensation is to be deferred, the actual deferral specified in his Agreement
for the Plan Year shall be adjusted to equal the actual amounts deferred under
the Agreement prior to such termination.

          10.05  Assignment of Rights - The Program, and the rights, interests
and benefits hereunder, shall not be assigned, transferred, pledged, sold,
conveyed, or otherwise alienated or encumbered in any way by the Employee or his
Beneficiary, and shall not be subject to execution, attachment or similar
process.  Any attempted sale, conveyance, transfer, assignment, pledge or
encumbrance of the rights, interests or benefits provided pursuant to the terms
of the Program, contrary to the terms of the forgoing sentence, or the levy of
any attachment or similar process thereupon, shall by null and void and without
effect.

          10.06  Entire Agreement - This Program constitutes the entire
agreement between the parties and the benefits hereunder shall be independent
of, and in addition to, any other benefits or compensation payable under any
other agreements that now exist or may hereafter exist from time to time between
Company and Employee.

          10.07  Construction - The Program shall be governed by, and
interpreted and enforced in accordance with, the laws of the State of Colorado.

                                        CH2M HILL COMPANIES, LTD.

--------------------             ------------------------------------
Date
                                 BY:_________________________________

--------------------             ------------------------------------
Date
                                 BY:_________________________________
<PAGE>

                           CH2M HILL COMPANIES, LTD.
                         DEFERRED COMPENSATION PROGRAM
                   INDIVIDUAL DEFERRED COMPENSATION AGREEMENT

I.  I hereby elect to participate in the CH2M HILL COMPANIES, LTD. Deferred
Income Program for the plan year ended December 31, 19__.  I authorize CH2M HILL
COMPANIES, LTD. to defer from my salary, bonus, and unused vacation the
percentage and/or amounts shown below:

     From my base pay -_______ percent or _________ dollars. (Not to exceed 50%,
     unless approved by the Committee, with a minimum annual deferral of 10% of
     base salary.)

     From my cash bonus (if any) -_________ percent or _______ dollars.  (Not to
     exceed 100%.)

II.  I also irrevocably elect that distribution of the amounts deferred,
together with accumulated earnings, shall commence as soon as practicable after
(initial and complete, as appropriate, one of the following):

     ________     January 1 of the year following the year in which I terminate
                  service as an employee of CH2M HILL COMPANIES, LTD.

     ________     The first day of the month after I attain age ____, but not to
                  exceed age 70, or,

     ________     At the same time as I elected for the immediately preceding
                  plan year.

III.  I also irrevocably elect to have the amounts deferred, together with the
accumulated earnings, be distributed in the following manner on the date elected
above (initial and complete, as appropriate, one of the following):

     ________     The entire account balance in one lump sum,

     ________     A lump sum payment of (not to exceed the Deferred Compensation
                  Amount) with the remaining balance distributed in __________
                  (not to exceed 120) approximately equal monthly installments,
                  beginning with the first day of the first month after payment
                  of the lump sum,

     ________     Approximately equal monthly installments for a period of
                  __________ (not to exceed 120) months, or,

     ________     In the same manner as I elected for the immediately preceding
                  plan year.
<PAGE>

IV.  In the event of my death after commencement of distribution of the Deferred
Compensation Amount, but prior to the distribution of the entire Deferred
Compensation Amount, the balance shall be paid to my designated beneficiary or
beneficiaries, as follows:

     ________     In a single lump sum payment, or,

     ________     By continuing the election in section III above.

I understand that an election to defer salary or bonus shall become irrevocable
of the last day prior to the beginning of such year.  The elections as to the
timing and amount of distributions become irrevocable as to the amounts deferred
in any giving year at such time as the related deferral election becomes
irrevocable.  I also understand that any election to defer shall only continue
for one plan year, and that deferrals in future plan years will require a new
election and will be dependent upon being selected for participation in this
Deferred Compensation Program for that year by the Company.

_______________________________________________
Signed

_______________________________________________
Date

Printed or typed name   _____________________________________
Social Security Number  _____________________________________
Date of Birth           _____________________________________
Date of Hire            _____________________________________

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00005-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00005-of-00352.parquet"}]]