Document:

Exhibit 4.2

    
      
        

      

      Exhibit
        4.2

       

       

       

      COLONIAL
        AUTO FINANCE, INC.

      401(K)
        PLAN

       

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      ADOPTION
        AGREEMENT

      NONSTANDARDIZED
        401(k) PROFIT SHARING PLAN

      

      The
        undersigned, Colonial
        Auto Finance, Inc. (“Employer”),
        by executing this Adoption Agreement, elects to establish a retirement plan
        and
        trust (“Plan”) under the Bank
        of Oklahoma, N.A. (basic
        plan document #  01 ).
        The
        Employer, subject to the Employer’s Adoption
        Agreement elections, adopts fully the Prototype Plan and Trust provisions.
        This
        Adoption Agreement, the basic plan document and any attached appendices or
        addenda, constitute the Employer’s entire plan and trust document. All
        section references within this Adoption Agreement are Adoption Agreement
        section
        references unless the Adoption Agreement or the context indicate otherwise.
        All
        article references are basic plan document and Adoption Agreement references
        as
        applicable. Numbers in parenthesis which follow headings are references to
        basic
        plan document sections.
        The
        Employer makes the following elections granted under the corresponding
        provisions of the basic plan document.

      

      ARTICLE
        I

      DEFINITIONS

      

      
        	1.	
                PLAN (1.21).
                  The name of the Plan as adopted by the Employer is Colonial
                  Auto Finance, Inc._401(k)
                  Plan.

              

      

      

      
        	2.	
                TRUSTEE (1.33).
                  The Trustee executing this Adoption Agreement is: (Choose
                  one of (a), (b) or (c))

              

      

      

      
        	
                o

              	
                (a)

              	
                A
                  discretionary Trustee.
                  See Plan Section 10.03[A].

              

      

       
        	
                x

              	
                (b) 

              	
                A
                  nondiscretionary Trustee.
                  See Plan Section
                  10.03[B].

              

      

       

      
        	o	
                (c) 

              	
                A
                  Trustee under a separate trust agreement.
                  See Plan Section
                  10.03[G].

              

      

       

      
        	3.	
                EMPLOYEE (1.11).
                  The following Employees are not eligible to participate in the
                  Plan:
                  (Choose
                  (a) or one or more of (b) through (g) as
                  applicable)

              

      

       

      
        	o	
                (a)

              	
                No
                  exclusions.

              

      

       

      
        	o	
                (b) 

              	
                Collective
                  bargaining
                  Employees.

              

      

       

      
        	o	
                (c) 

              	
                Nonresident
                  aliens.

              

      
        	x	
                (d) 

              	
                Leased
                  Employees.

              

      
        	x	
                (e) 

              	
                Reclassified
                  Employees.

              

      
        	o	
                (f) 

              	
                Classifications:             .

              

      

       

      
        	
                o

              	
                (g)

              	
                Exclusions
                  by types of contributions. The
                  following classification(s) of Employees are not eligible for the
                  specified contributions:

              

      

      

      Employee
        classification:             

      Contribution
        type:             

      

      
        4.    COMPENSATION (1.07).
          The
          Employer makes the following election(s) regarding the definition of
          Compensation for purposes of the contribution allocation formula under
          Article
          III: (Choose
          one of (a), (b) or (c))

      

       

      
        	x	
                (a) 

              	
                W-2
                  wages increased by Elective
                  Contributions.

              

      

      

      
        	o	
                (b) 

              	
                Code
                  §3401(a) federal income tax withholding wages increased by Elective
                  Contributions.

              

      

       

      
        	o	
                
                  (c)

                

              	
                
                  415
                    compensation.

                

              

      

       

      [Note:
        Each of the Compensation definitions in (a), (b) and (c) includes Elective
        Contributions. See Plan Section 1.07(D). To exclude Elective Contributions,
        the
        Employer must elect (g).]

      

      Compensation
        taken into account.
        For the
        Plan Year in which an Employee first becomes a Participant, the Plan
        Administrator will determine the allocation of Employer contributions (excluding
        deferral contributions) by taking into account: (Choose
        one of (d) or (e))

      

      
        	
                o

              	(d)	
                 Plan
                  Year.
                  The Employee’s Compensation for the entire Plan
                  Year.

              

      

      

      
        	x	(e)	
                Compensation
                  while a Participant.
                  The Employee’s Compensation only for the portion of the Plan Year in which
                  the Employee actually is a
                  Participant.

              

      

       

      
        
          
          

        

        
          1

          
            

          

        

        
          
          

        

      

       

      Modifications
        to Compensation definition.
        The
        Employer elects to modify the Compensation definition elected in (a), (b)
        or (c)
        as follows. (Choose
        one or more of (f) through (n) as applicable. If the Employer elects to allocate
        its nonelective contribution under Plan Section 3.04 using permitted disparity,
        (i), (j), (k) and (l) do not apply):

      

      
        	o	(f)	
                Fringe
                  benefits.
                  The Plan excludes all reimbursements or other expense allowances,
                  fringe
                  benefits (cash and noncash), moving expenses, deferred compensation
                  and
                  welfare benefits.

              

      

      

      
        	o	(g)	
                Elective
                  Contributions.
                  The Plan excludes a Participant’s Elective Contributions. See Plan Section
                  1.07(D).

              

      

      

      
        	o	(h)	
                Exclusion.
                  The Plan excludes Compensation in excess of:             .

              

      

      

      
        	o	(i)	
                Bonuses.
                  The Plan excludes bonuses.

              

      

      

      
        	o	(j)	
                Overtime.
                  The Plan excludes overtime.

              

      

      

      
        	o	(k)	
                Commissions.
                  The Plan excludes commissions.

              

      

      

      
        	o	(l)	
                
                  Nonelective
                    contributions.
                    The following modifications apply to the definition of Compensation
                    for
                    nonelective contributions:             .

                

              

      

      

      
        	o	(m)	
                Deferral
                  contributions.
                  The following modifications apply to the definition of Compensation
                  for
                  deferral contributions:             .

              

      

       

      
        
          	o	(n)	
                  Matching
                    contributions.
                    The following modifications apply to the definition of Compensation
                    for
                    matching contributions:             .

                

        

      

      

      
        
          5.    PLAN
            YEAR/LIMITATION YEAR (1.24).
            Plan
            Year and Limitation Year mean the 12-consecutive month period (except
            for a
            short Plan Year) ending every: (Choose
            (a) or (b). Choose (c) if applicable)

        

      

      

      
        	x	(a)	
                December
                  31.

              

      

      

      
        	o	(b)	
                Other:             .

              

      

      

      
        	o	(c)	
                
                  
                    Short
                      Plan Year:
                      commencing on:            
                      and ending on:             .

                  

                

              

      

      

      
        	6.	
                EFFECTIVE
                  DATE (1.10).
                  The Employer’s adoption of the Plan is a: (Choose
                  one of (a) or (b))

              

      

      

      
        	x	(a)	
                New
                  Plan.
                  The Effective Date of the Plan is:       August
                  1, 2002        .

              

      

      

      
        	
                o

              	(b)	
                
                  Restated
                    Plan.
                    The restated Effective Date is:                  .

                

              

      

      

      This
        Plan
        is an amendment and restatement of an existing retirement plan(s) originally
        established effective as of:

                      .

      

      
        7.    HOUR
          OF SERVICE/ELAPSED TIME METHOD (1.15).
          The
          crediting method for Hours of Service is: (Choose
          one or more of (a) through (d) as applicable)

      

      

      
        	
                o

              	(a)	
                Actual
                  Method.
                  See Plan Section 1.15(B).

              

      

      

      
        	
                x

              	(b)	
                Equivalency
                  Method.
                  The Equivalency Method is: monthly
                  equivalency.
                  [Note:
                  Insert “daily,” “weekly,” “semi-monthly payroll periods” or
                  “monthly.”]
                  See Plan Section 1.15(C).

              

      

      

      
        	
                x

              	(c)	
                Combination
                  Method.
                  In
                  lieu of the Equivalency Method specified in (b), the Actual Method
                  applies
                  for purposes of:         hourly
                  paid
                  employees        .

              

      

      

      
        	
                o

              	(d)	
                Elapsed
                  Time Method.
                  In
                  lieu of crediting Hours of Service, the Elapsed Time Method applies
                  for
                  purposes of crediting Service for: (Choose
                  one or more of (1), (2) or (3) as
                  applicable)

              

      

      

      
        	
                o

              	(1)	
                Eligibility
                  under Article II.

              

      

      

      
        	
                o

              	(2)	
                Vesting
                  under Article V.

              

      

      

      
        	
                o

              	(3)	
                Contribution
                  allocations under Article III.

              

      

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      
        8.    PREDECESSOR
          EMPLOYER SERVICE (1.30).
          In
          addition to the predecessor service the Plan must credit by reason of
          Section 1.30 of the Plan, the Plan credits as Service under this Plan,
          service
          with the following predecessor employer(s): America’s
          Car-Mart, Inc. and Crown Group, Inc..

      

      

      [Note:
        If the Plan does not credit any additional predecessor service under this
        Section 1.30, insert “N/A” in the blank line. The Employer also may elect to
        credit predecessor service with specified Participating Employers only. See
        the
        Participation Agreement.]
        Service
        with the designated predecessor employer(s) applies: (Choose
        one or more of (a) through (d) as applicable)

      

      
        	
                x

              	(a)	
                Eligibility.
                  For eligibility under Article II. See Plan Section 1.30 for time
                  of Plan
                  entry.

              

      

      

      
        	
                x

              	(b)	
                Vesting.
                  For vesting under Article V.

              

      

      

      
        	
                x

              	(c)	
                Contribution
                  allocation.
                  For contribution allocations under Article
                  III.

              

      

      

      
        	
                o

              	(d)	
                Exceptions.
                  Except for the following Service:                 .

              

      

      

      ARTICLE
        II

      ELIGIBILITY
        REQUIREMENTS

      

      
        
          	9.	
                  ELIGIBILITY (2.01).

                

        

      

      

      Eligibility
        conditions.
        To
        become a Participant in the Plan, an Employee must satisfy the following
        eligibility conditions: (Choose
        one or more of (a) through (e) as applicable)
        [Note:
        If the Employer does not elect (c), the Employer’s elections under (a) and (b)
        apply to all types of contributions. The Employer as to deferral contributions
        may not elect (b)(2) and may not elect more than 12 months in (b)(4) and
        (b)(5).]

      

      
        
          	x	
                	
                  (a) Age.
                    Attainment of age
                          21      
                    (not to exceed age 21).

                

        

      

      

      
        	x	
              	
                (b) Service.
                  Service requirement. (Choose one of (1) through
                  (5))

              

      

      

      
        	
              	x	
                (1) One
                  Year of Service.

              

      

       

      
        	
              	
                o

              	
                (2) Two
                  Years of Service, without an intervening Break in Service. See
                  Plan
                  Section 2.03(A).

              

      

       

      
        	
              	
                o

              	
                (3) One
                  Hour of Service (immediate completion of Service requirement).
                  The
                  Employee satisfies the Service requirement on his/her Employment
                  Commencement Date.

              

      

       

      
        	
              	
                o

              	
                (4)            
                  months (not exceeding 24).

              

      

       

      
        	
              	
                o

              	
                (5)
                   An Employee must complete             
                  Hours of Service within the             
                  time period following the Employee’s Employment Commencement Date. If an
                  Employee does not complete the stated Hours of Service during the
                  specified time period (if any), the Employee is subject to the
                  One Year of
                  Service requirement. [Note: The number of hours may not exceed
                  1,000 and
                  the time period may not exceed 24 months. If the Plan does not
                  require the
                  Employee to satisfy the Hours of Service requirement within  a
                  specified time period, insert “N/A” in the second blank
                  line.]

              

      

       

      
        	o	
                (c) Alternative
                  401(k)/401(m) eligibility conditions. In lieu of the elections in
                  (a) and (b), the Employer elects the following eligibility conditions
                  for
                  the following types of contributions: (Choose (1) or (2) or both if
                  the Employer wishes to impose less restrictive eligibility conditions
                  for
                  deferral/Employee contributions or for matching
                  contributions)

              

      

      

      
        	 	
                (1)

              	
                o

              	
                Deferral/Employee
                  contributions: (Choose
                  one of a. through d. Choose e. if
                  applicable)

              

      

      

      
        	 	
                a.

              	
                o

              	
                One
                  Year of Service

              

      

      
        	 	
                b.

              	
                o

              	
                One
                  Hour of Service (immediate completion of Service
                  requirement)

              

      

      
        	 	
                c.

              	
                o

              	
                            
                  months (not exceeding 12)

              

      

      
        	 	
                d.

              	
                o

              	
                An
                  Employee must complete             
                  Hours of Service within the             
                  time period following an Employee’s Employment Commencement Date. If an
                  Employee does not complete the stated Hours of Service during the
                  specified time period (if any), the Employee is subject to the
                  One Year of
                  Service requirement. [Note:
                  The number of hours may not exceed 1,000 and the time period may
                  not
                  exceed 12 months. If the Plan does not require the Employee to
                  satisfy the
                  Hours of Service requirement within a specified time period, insert
“N/A”
                  in the second blank line.]

              

      

      

      
        	 	
                e.

              	
                o

              	
                Age
                              
                  (not exceeding age 21)

              

      

      

      
        	 	
                (2)

              	
                o

              	
                Matching
                  contributions: (Choose
                  one of f. through i. Choose j. if
                  applicable)

              

      

      

      
        	 	
                f.

              	
                o

              	
                One
                  Year of Service

              

      

      
        	 	
                g.

              	
                o

              	
                One
                  Hour of Service (immediate completion of Service
                  requirement)

              

      

      
        	 	
                h.

              	
                o

              	
                            
                  months (not exceeding 24)

              

      

      
      

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      
        	 	
                i.

              	
                o

              	
                An
                  Employee must complete             
                  Hours of Service within the             
                  time period following an Employee’s Employment Commencement Date. If an
                  Employee does not complete the stated Hours of Service during the
                  specified time period (if any), the Employee is subject to the
                  One Year of
                  Service requirement. [Note:
                  The number of hours may not exceed 1,000 and the time period may
                  not
                  exceed 24 months. If the Plan does not require the Employee to
                  satisfy the
                  Hours of Service requirement within a specified time period, insert
“N/A”
                  in the second blank line.]

              

      

      
        	 	
                j.

              	
                o

              	
                Age
                              
                  (not exceeding age 21)

              

      

       

      
        	o	
                (d) Service
                  requirements:             .

                [Note:
                  Any Service requirement the Employer elects in (d) must be available
                  under
                  other Adoption Agreement elections or a combination thereof.]

              

      

       

      
        
          	o	
                  (e) Dual
                    eligibility. The eligibility conditions of this Section 2.01
                    apply solely to an Employee employed by the Employer after
                                .
                    If the Employee was employed by the Employer by the specified
                    date, the
                    Employee will become a Participant on the latest of: (i) the
                    Effective
                    Date; (ii) the restated Effective Date; (iii) the Employee’s Employment
                    Commencement Date; or (iv) on the date the Employee attains age
                                
                    (not exceeding age 21).

                

        

      

      

      Plan
        Entry Date. “Plan
        Entry Date” means the Effective Date and: (Choose
        one of (f) through (j). Choose (k) if applicable) [Note:
        If the Employer does not elect (k), the elections under
        (f) through (j) apply to all types of contributions. The Employer must elect
        at
        least one Entry Date per Plan Year.]

      

      
        	o	(f)	
                Semi-annual
                  Entry Dates.
                  The first day of the Plan Year and the first day of the seventh
                  month of
                  the Plan Year.

              

      

       

      
        
          	o	(g)	
                  The
                    first day of the Plan
                    Year.

                

        

      

      

      
        	o	(h)	
                Employment
                  Commencement Date
                  (immediate eligibility).

              

      

      

      
        	
                
                  x

                

              	(i)	
                
                  The
                    first day of each: Plan
                    Year Quarter 
                    (e.g., “Plan Year quarter”).

                

              

      

      

      
        	
                o

              	(j)	
                The
                  following Plan Entry Dates:             .

              

      

      

      
        	
                o

              	(k)	
                Alternative
                  401(k)/401(m) Plan Entry Date(s).
                  For the alternative 401(k)/401(m) eligibility conditions under
                  (c), Plan
                  Entry Date means: (Choose
                  (1) or (2) or both as
                  applicable)

              

      

       

      
        
          	 	
                  (1)

                	
                  o

                	
                  Deferral/Employee
                    contributions

                  (Choose
                    one of a. through d.)

                	
                  (2)

                	
                  o

                	
                  Matching
                    contributions

                  (Choose
                    one of e. through h.)

                
	 	 	 	 	 	 	 	 	 
	 	 	
                  a.

                	
                  
                    o

                  

                	
                  Semi-annual
                    Entry Dates

                	 	
                  e.

                	
                  
                    o

                  

                	
                  Semi-annual
                    Entry Dates

                
	 	 	
                  b.

                	
                  
                    
                      o

                    

                  

                	
                  The
                    first day of the Plan Year

                	 	
                  f.

                	
                  
                    o

                  

                	
                  The
                    first day of the Plan Year

                
	 	 	
                  c.

                	
                  
                    o

                  

                	
                  Employment
                    Commencement Date

                	 	
                  g.

                	
                  
                    o

                  

                	
                  Employment
                    Commencement Date

                
	 	 	 	 	
                  (immediate
                    eligibility)

                	 	 	 	
                  (immediate
                    eligibility)

                
	 	 	
                  d.

                	
                  
                    o

                  

                	
                  The
                    first day of each:

                	 	
                  h.

                	
                  
                    o

                  

                	
                  The
                    first day of each: 

                
	 	 	 	 	______	 	 	 	______

        

      

       

      Time
        of participation.
        An
        Employee will become a Participant, unless excluded under Section 1.11, on
        the
        Plan Entry Date (if employed on that date): (Choose
        one of (l), (m) or (n). Choose (o) if applicable):
        [Note:
        If the Employer does not elect (o), the election under (l), (m) or (n) applies
        to all types of contributions.]

      

      
        	
                x

              	(l)	
                Immediately
                  following or coincident
                  with

              

      

      

      
        	
                o

              	(m)	
                Immediately
                  preceding or coincident
                  with

              

      

      

      
        	
                o

              	(n)	
                Nearest

              

      

      

      
        	
                o

              	(o)	
                Alternative
                  401(k)/401(m) election(s): (Choose
                  (1) or (2) or both as
                  applicable)

              

      

       

      
        
          	 	
                  (1)

                	
                  o

                	
                  Deferral
                    contributions

                	
                  (2)

                	
                  o

                	
                  Matching
                    contributions

                  (Choose
                    one of b., c. or d.)

                
	 	 	 	 	 	 	 	 	 
	 	 	
                  a.

                	
                  o

                	
                  Immediately
                    following

                  or
                    coincident with

                	 	
                  b.

                	
                  o

                	
                  Immediately
                    following

                  or
                    coincident with

                
	 	 	 	 	 	 	
                  c.

                	
                  o

                	
                  Immediately
                    preceding

                  or
                    coincident with

                
	 	 	 	 	 	 	
                  d.

                	
                  o

                	
                  Nearest

                

        

      

      

      the
        date
        the Employee completes the eligibility conditions described in this Section
        2.01. [Note:
        Unless otherwise excluded under Section 1.11, an Employee must become a
        Participant by the earlier of:
        (1) the first day of the Plan Year beginning after the date the Employee
        completes the age and service requirements of Code §410(a); or (2) 6 months
        after the date the Employee completes those requirements.]

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

         

      

      
        10.    YEAR
          OF SERVICE - ELIGIBILITY (2.02).
          (Choose
          (a) and (b) as applicable):
          [Note: If
          the Employer does not elect a Year of Service condition or elects the Elapsed
          Time Method, the Employer should not complete (a) or (b).]

      

      

      
        	
                x

              	
                (a) Year
                  of Service. An Employee must complete
                        1000      
                  Hour(s) of Service during an eligibility computation period to
                  receive
                  credit for a Year of Service under Article II: [Note: The number may
                  not exceed 1,000. If left blank, the requirement is
                  1,000.]

              

      

      

      
        	
                x

              	
                (b) Eligibility
                  computation period. After the initial eligibility computation
                  period described in Plan Section 2.02, the Plan measures the eligibility
                  computation period as: (Choose one of (1) or
                  (2))

              

      

      

      
        	
              	
                x

              	
                (1) The
                  Plan Year beginning with the Plan Year which includes the first
                  anniversary of the Employee’s Employment Commencement
                  Date.

              

      

      

      
        	
              	
                o

              	
                (2) The
                  12-consecutive month period beginning with each anniversary of
                  the
                  Employee’s Employment Commencement
                  Date.

              

      

      

      
        	11.	
                PARTICIPATION
                  - BREAK IN SERVICE (2.03).
                  The one year hold-out rule described in Plan Section 2.03(B): (Choose
                  one of (a), (b) or (c))

              

      

      

      
        	
                x

              	
                (a) Not
                  applicable. Does not apply to the
                  Plan.

              

      

      

      
        	
                o

              	
                (b) Applicable.
                  Applies to the Plan and to all
                  Participants.

              

      

      

      
        	
                o

              	
                (c) Limited
                  application. Applies to the Plan, but only to a Participant who
                  has incurred a Separation from
                  Service.

              

      

      

      
        	12.	
                ELECTION
                  NOT TO PARTICIPATE (2.06).
                  The Plan: (Choose
                  one of (a) or (b))

              

      

      

      
        	
                x

              	
                (a) Election
                  not permitted. Does not permit an eligible Employee to elect not
                  to participate.

              

      

      

      
        	
                o

              	
                (b) Irrevocable
                  election. Permits an Employee to elect not to participate if the
                  Employee makes a one-time irrevocable election prior to the Employee’s
                  Plan Entry Date.

              

      

      

      ARTICLE
        III

      EMPLOYER
        CONTRIBUTIONS, DEFERRAL CONTRIBUTIONS AND FORFEITURES

      

      
        13.    AMOUNT
          AND TYPE (3.01).
          The
          amount and type(s) of the Employer’s contribution to the Trust for a Plan Year
          or other specified period will equal: (Choose
          one or more of (a) through (f) as applicable)

      

      

      
        	
                x

              	
                (a) Deferral
                  contributions (401(k) arrangement). The dollar or percentage
                  amount by which each Participant has elected to reduce his/her
                  Compensation, as provided in the Participant’s salary reduction agreement
                  and in accordance with Section
                  3.02.

              

      

      

      
        	
                x

              	
                (b) Matching
                  contributions (other than safe harbor matching contributions under
                  Section
                  3.01(d)). The matching contributions made in accordance with
                  Section 3.03.

              

      

      

      
        	
                x

              	
                (c) Nonelective
                  contributions (profit sharing). The following nonelective
                  contribution (Choose (1) or (2) or both as applicable):
                  [Note: The Employer may designate as a qualified nonelective
                  contribution, all or any portion of its nonelective contribution.
                  See Plan
                  Section 3.04(F).]

              

      

      

      
        	
              	
                x

              	
                (1) Discretionary.
                  An amount the Employer in its sole discretion may
                  determine.

              

      

      

      
        	
              	
                o

              	
                (2) Fixed.
                  The following amount:
                              

              

      

      

      
        	
                
                  o

                

              	
                (d) 401(k)
                  safe harbor contributions. The following 401(k) safe harbor
                  contributions described in Plan Section 14.02(D): (Choose one of (1),
                  (2) or (3). Choose (4), if
                  applicable)

              

      

      

      
        	
              	
                o

              	
                (1) Safe
                  harbor nonelective contribution. The safe harbor nonelective
                  contribution equals        % of
                  a Participant’s Compensation [Note: the amount in the blank must be at
                  least 3%.].

              

      

      

      
        	
              	
                o

              	
                (2) Basic
                  safe harbor matching contribution. A matching
                  contribution equal to 100% of each Participant’s deferral contributions
                  not exceeding 3% of the Participant’s Compensation, plus 50% of each
                  Participant’s deferral contributions in excess of 3% but not in excess of
                  5% of the Participant’s Compensation. For this purpose, “Compensation”
                  means Compensation for:
                              .
                  [Note: The Employer must complete the blank line with the applicable
                  time period for computing the Employer’s basic safe harbor match, such as
                  “each payroll period,” “each month,” “each Plan Year quarter” or “the Plan
                  Year”.]

              

      

      

      
        	
              	
                o

              	
                (3) Enhanced
                  safe harbor matching contribution. (Choose one of a. or
                  b.).

              

      

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

      
        	
              	
                o

              	
                a. Uniform
                  percentage. An amount equal to
                          % of each
                  Participant’s deferral contributions not exceeding
                          % of the
                  Participant’s Compensation. For this purpose, “Compensation” means
                  Compensation for:         .
                  [See the Note in (d)(2).]

              

      

      

      
        	
              	
                o

              	
                b. Tiered
                  formula. An amount equal to the specified matching percentage
                  for
                  the corresponding level of each Participant’s deferral contribution
                  percentage. For this purpose, “Compensation” means Compensation for:
                              .
                  [See the Note in (d)(2).]

              

      

       

      
        
          	
                  Deferral
                    Contribution Percentage

                	
                  Matching
                    Percentage

                
	 	 
	
                  _____________

                	
                  _____________

                
	
                  _____________

                	
                  _____________

                
	
                  _____________

                	
                  _____________

                

        

         

      

      [Note:
        The matching percentage may not increase as the deferral contribution percentage
        increases and the enhanced matching formula otherwise must satisfy the
        requirements of Code §§401(k)(12)(B)(ii) and (iii). If the Employer wishes to
        avoid ACP testing on its enhanced safe harbor matching contribution, the
        Employer also must limit deferral contributions taken into account (the
“Deferral Contribution Percentage”) for the matching contribution to 6% of Plan
        Year Compensation.]

      

      
        	
              	
                o

              	
                (4) Another
                  plan.
                  The Employer will satisfy the 401(k) safe harbor contribution in
                  the
                  following plan:             .

              

      

       

      
        
          	
                  o

                	
                  (e) Davis-Bacon
                    contributions.
                    The amount(s) specified for the applicable Plan Year or other
                    applicable
                    period in the Employer’s Davis-Bacon contract(s). The Employer will make a
                    contribution only to Participants covered by the contract and
                    only with
                    respect to Compensation paid under the contract. If the Participant
                    accrues an allocation of nonelective contributions (including
                    forfeitures)
                    under the Plan in addition to the Davis-Bacon contribution, the
                    Plan
                    Administrator will: (Choose
                    one of (1) or (2))

                

        

      

      

      
        
          	
                	
                  o

                	
                  (1) Not
                    reduce the Participant’s nonelective contribution allocation by the
                    Davis-Bacon contribution.

                

        

      

      

      
        	
              	
                o

              	
                (2) Reduce
                  the Participant’s nonelective contribution allocation by the Davis-Bacon
                  contribution.

              

      

      

      
        	
                o

              	
              	
                (f) Frozen
                  Plan. This Plan is a frozen Plan effective:
                              .
                  For any period following the specified date, the Employer will
                  not
                  contribute to the Plan, a Participant may not contribute and an
                  otherwise
                  eligible Employee will not become a Participant in the
                  Plan.

              

      

      

      
        14.    DEFERRAL
          CONTRIBUTIONS (3.02).
          The
          following limitations and terms apply to an Employee’s deferral contributions:
(If
          the Employer elects Section 3.01(a), the Employer must elect (a). Choose
          (b) or
          (c) as applicable)

      

      

      
        
          	
                  x

                	
                  (a) Limitation
                    on amount. An Employee’s deferral contributions are subject to
                    the following limitation(s) in addition to those imposed by the
                    Code:
                    (Choose (1), (2) or (3) as
                    applicable)

                

        

      

      

      
        	
              	
                o

              	
                (1) Maximum
                  deferral amount:
                              .

              

      

      

      
        	
              	
                o

              	
                (2) Minimum
                  deferral amount:
                              .

              

      

      

      
        	
              	
                x

              	
                (3) No
                  limitations.

              

      

      

      For
        the
        Plan Year in which an Employee first becomes a Participant, the Plan
        Administrator will apply any percentage limitation the Employer elects in
        (1) or
        (2) to the Employee’s Compensation: (Choose
        one of (4) or (5) unless the Employer elects (3))

      

      
        	
              	
                o

              	
                (4) Only
                  for the portion of the Plan Year in which the Employee actually
                  is a
                  Participant.

              

      

      

      
        	
              	
                o

              	
                (5) For
                  the entire Plan Year.

              

      

      

      
        	
                x

              	
                (b) Negative
                  deferral election. The Employer will withhold
                          % from the
                  Participant’s Compensation unless the Participant elects a lesser
                  percentage (including zero) under his/her salary reduction agreement.
                  See
                  Plan Section 14.02(C). The negative election will apply to: (Choose
                  one of (1) or (2))

              

      

      

      
        	
              	
                o

              	
                (1) All
                  Participants who have not deferred at least the automatic deferral
                  amount
                  as of:
                              .

              

      

      

      
        	
              	
                x

              	
                (2) Each
                  Employee whose Plan Entry Date is on or following the negative
                  election
                  effective date.

              

      

      

      
        	
                o

                 

              	
                (c) Cash
                  or deferred contributions. For each Plan Year for which the
                  Employer makes a designated cash or deferred contribution under
                  Plan
                  Section 14.02(B), a Participant may elect to receive directly in
                  cash not
                  more than the following portion (or, if less, the 402(g) limitation)
                  of
                  his/her proportionate share of that cash or deferred contribution:
                  (Choose one of (1) or (2))

              

      

       

      
        
          	
                  o

                	
                  (1)   
                    All or any portion.

                	
                  
                    o

                  

                	
                  (2)    
                    ______%.

                

        

      

       

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

      
         

        Modification/revocation
          of salary reduction agreement.
          A
          Participant prospectively may modify or revoke a salary reduction agreement,
          or
          may file a new salary reduction agreement following a prior revocation,
          at least
          once per Plan Year or during any election period specified by the basic
          plan
          document or required by the Internal Revenue Service. The Plan Administrator
          also may provide for more frequent elections in the Plan’s salary reduction
          agreement form.

         

      

      
        15.    MATCHING
          CONTRIBUTIONS (INCLUDING ADDITIONAL SAFE HARBOR MATCH UNDER PLAN SECTION
          14.02(D)(3)) (3.03).
          The
          Employer matching contribution is: (If
          the Employer elects Section 3.01(b), the Employer must elect one or more
          of (a),
          (b) or (c) as applicable. Choose (d) if applicable)

      

      

      
        	
                o

              	
                (a) Fixed
                  formula. An amount equal to
                          % of each
                  Participant’s deferral
                  contributions.

              

      

      

      
        	
                x

              	
                (b) Discretionary
                  formula. An amount (or additional amount) equal to a matching
                  percentage the Employer from time to time may deem advisable of
                  the
                  Participant’s deferral contributions. The Employer, in its sole
                  discretion, may designate as a qualified matching contribution,
                  all or any
                  portion of its discretionary matching contribution. The portion
                  of the
                  Employer’s discretionary matching contribution for a Plan Year not
                  designated as a qualified matching contribution is a regular matching
                  contribution.

              

      

      

      
        	
                o

              	
                (c) Multiple
                  level formula. An amount equal to the following percentages for
                  each level of the Participant’s deferral contributions.
                  [Note: The matching percentage only will apply to
                  deferral contributions in excess of the previous level and not
                  in
                  excess of the stated deferral contribution
                  percentage.]

              

      

       

      
        
          	
                  Deferral
                    Contribution

                	
                  Matching
                    Percentage

                
	 	 
	
                  _____________

                	
                  _____________

                
	
                  _____________

                	
                  _____________

                
	
                  _____________

                	
                  _____________

                

        

      

       

      
        	
                o

              	
                (d) Related
                  Employers. If two or more Related Employers contribute to this
                  Plan, the Plan Administrator will allocate matching contributions
                  and
                  matching contribution forfeitures only to the Participants directly
                  employed by the contributing Employer. The matching contribution
                  formula
                  for the other Related Employer(s) is:
                              .
                  [Note: If the Employer does not elect
                  (d), the Plan Administrator will allocate all matching
                  contributions and matching forfeitures without regard to which
                  contributing Related Employer directly employs the
                  Participant.

              

      

      

      Time
        period for matching contributions.
        The
        Employer will determine its matching contribution based on deferral
        contributions made during each: (Choose
        one of (e) through (h))

      

      
        	
                o

              	
                (e) Plan
                  Year.

              

      

      

      
        	
                o

              	
                (f) Plan
                  Year quarter.

              

      

      

      
        	
                x

              	
                (g) Payroll
                  period.

              

      

      

      
        	
                o

              	
                (h) Alternative
                  time
                  period:             .
                  [Note: Any alternative time period the Employer elects
                  in (h) must be the same for all Participants and may not exceed
                  the Plan
                  Year.]

              

      

      

      Deferral
        contributions taken into account.
        In
        determining a Participant’s deferral contributions taken into account for the
        above-specified time period under the matching contribution formula, the
        following limitations apply: (Choose
        one of (i), (j) or (k))

      

      
        	
                o

              	
                (i) All
                  deferral contributions. The Plan Administrator will take into
                  account all deferral contributions.

              

      

      

      
        	
                o

              	
                (j) Specific
                  limitation. The Plan Administrator will disregard deferral
                  contributions exceeding
                          % of the
                  Participant’s Compensation. [Note: To avoid the ACP test in a safe
                  harbor 401(k) plan, the Employer must limit deferrals and Employee
                  contributions which are subject to match to 6% of Plan Year
                  Compensation.]

              

      

      

      
        	
                x

              	
                (k) Discretionary.
                  The Plan Administrator will take into account the deferral
                  contributions as a percentage of the Participant’s Compensation as the
                  Employer determines.

              

      

      

      Other
        matching contribution requirements.
        The
        matching contribution formula is subject to the following additional
        requirements: (Choose
        (l) or (m) or both if applicable)

      

      
        	
                o

              	
                (l) Matching
                  contribution limits. A Participant’s matching contributions may
                  not exceed: (Choose one of (1) or
                  (2))

              

      

      

      
        
          	
                	
                  o

                	
                  (1)             .
                    [Note: The Employer may elect (1) to place an overall dollar
                    or
                    percentage limit on matching
                    contributions.]

                

        

      

      

      
        	
              	
                o

              	
                (2) 4%
                  of a Participant’s Compensation for the Plan Year under the discretionary
                  matching contribution formula. [Note: The Employer must elect (2) if
                  it elects a discretionary matching formula with the safe harbor
                  401(k)
                  contribution formula and wishes to avoid the ACP
                  test.]

              

      

       

      
        
          
          

        

        
          7

          
            

          

        

        
          
          

        

         

      

      
        	
                o

              	
                (m) Qualified
                  matching contributions. The Plan Administrator will allocate as
                  qualified matching contributions, the matching contributions specified
                  in
                  Adoption Agreement Section:
                              .
                  The Plan Administrator will allocate all other matching contributions
                  as
                  regular matching contributions. [Note: If the Employer
                  elects two matching formulas, the Employer may use (m) to designate
                  one of
                  the formulas as a qualified matching
                  contribution.]

              

      

      

      
        	16.	
                CONTRIBUTION
                  ALLOCATION (3.04).

              

      

      

      Employer
        nonelective contributions (3.04(A)).The
        Plan
        Administrator will allocate the Employer’s nonelective contribution under the
        following contribution allocation formula: (Choose
        one of (a), (b) or (c). Choose (d) if applicable)

      

      
        	
                x

              	
                (a) Nonintegrated
                  (pro rata) allocation
                  formula.

              

      

      

      
        	
                o

              	
                (b) Permitted
                  disparity. The following permitted disparity formula and
                  definitions apply to the Plan: (Choose one of (1) or (2). Also choose
                  (3))

              

      

      

      
        	
              	
                o

              	
                (1) Two-tiered
                  allocation formula.

              

      

      

      
        	
              	
                o

              	
                (2) Four-tiered
                  allocation formula.

              

      

      

      
        	
              	
                o

              	
                (3) For
                  purposes of Section 3.04(b), “Excess Compensation” means Compensation in
                  excess of: (Choose one of a. or
                  b.)

              

      

       

      
        	
              	
                o

              	
                a.         %
                  of the taxable wage base in effect on the first day of the Plan
                  Year,
                  rounded to the next highest
                  $         (not exceeding
                  the taxable wage base).

              

      

      
         

      

      
        
          	
                	
                  o

                	
                  b. The
                    following integration level:
                                .
                    
                    [Note:
                      The integration level cannot exceed the taxable wage base
                      in effect for the Plan Year for which this Adoption
                      Agreement first
                      is effective.]

                  

                

        

         

      

      
        	
                
                  o

                

              	
                (c) Uniform
                  points allocation formula.
                  Under the uniform points allocation formula, a Participant receives:
                  (Choose
                  (1) or both (1) and (2) as
                  applicable)

              

      

      

      
        	
              	
                o

              	
                (1)             
                  point(s) for each Year of Service. Year of Service means:
                              .

              

      

      

      
        	
              	
                o

              	
                (2) One
                  point for each $        
                  [not to exceed $200] increment of Plan Year
                  Compensation.

              

      

      

      
        	
                o

              	
                (d) Incorporation
                  of contribution formula. The Plan Administrator will allocate the
                  Employer’s nonelective contribution under Section(s) 3.01(c)(2), (d)(1)
                  or
                  (e) in accordance with the contribution formula adopted by the
                  Employer
                  under that Section.

              

      

      

      Qualified
        nonelective contributions. (3.04(F)).
        The Plan
        Administrator will allocate the Employer’s qualified nonelective contributions
        to: (Choose
        one of (e) or (f))

      

      
        	
                x

              	
                (e) Nonhighly
                  compensated Employees
                  only.

              

      

      

      
        	
                o

              	
                (f) All
                  Participants.

              

      

      

      Related
        Employers. (Choose
        (g) if applicable)

      

      
        	
                o

              	
                (g) Allocate
                  only to directly employed Participants. If two or more Related
                  Employers adopt this Plan, the Plan Administrator will allocate
                  all
                  nonelective contributions and forfeitures attributable to nonelective
                  contributions only to the Participants directly employed by the
                  contributing Employer. If a Participant receives Compensation from
                  more
                  than one contributing Employer, the Plan Administrator will determine
                  the
                  allocations under this Section 3.04 by prorating the Participant’s
                  Compensation between or among the participating Related Employers.
                  [Note: If the Employer does not elect 3.04(g), the Plan
                  Administrator will allocate all nonelective contributions
                  and forfeitures without regard to which contributing Related
                  Employer directly employs the Participant. The Employer may not
                  elect
                  3.04(g) under a safe harbor 401(k)
                  Plan.]

              

      

      

      
        17.    FORFEITURE
          ALLOCATION (3.05).
          The
          Plan Administrator will allocate a Participant forfeiture: (Choose
          one or more of (a), (b) or (c) as applicable)
          [Note:
          Even if the Employer elects immediate vesting, the Employer should complete
          Section 3.05. See Plan Section 9.11.]

      

      

      
        	
                x

              	
                (a) Matching
                  contribution forfeitures. To the extent attributable to matching
                  contributions: (Choose one of (1) through
                  (4))

              

      

      

      
        	
              	
                o

              	
                (1) As
                  a discretionary matching
                  contribution.

              

      

      

      
        	
              	
                x

              	
                (2) To
                  reduce matching contributions.

              

      

      

      
        	
              	
                o

              	
                (3) As
                  a discretionary nonelective
                  contribution.

              

      

       

      
        
          
          

        

        
          8

          
            

          

        

        
          
          

        

         

      

      
        	
              	
                o

              	
                (4) To
                  reduce nonelective contributions.

              

      

      

      
        	
                x

              	
                (b) Nonelective
                  contribution forfeitures.
                  To
                  the extent attributable to Employer nonelective contributions:
                  (Choose
                  one of (1) through (4))

              

      

      

      
        	
              	
                o

              	
                (1) As
                  a discretionary nonelective
                  contribution.

              

      

      

      
        
          	
                	
                  o

                	
                  (2) To
                    reduce nonelective
                    contributions.

                

        

      

      

      
        	
              	
                o

              	
                (3) As
                  a discretionary matching
                  contribution.

              

      

      

      
        	
              	
                x

              	
                (4) To
                  reduce matching contributions.

              

      

      

      
        	
                o

              	
                (c) Reduce
                  administrative expenses. First to reduce the Plan’s ordinary and
                  necessary administrative expenses for the Plan Year and then allocate
                  any
                  remaining forfeitures in the manner described in Sections 3.05(a)
                  or (b)
                  as applicable.

              

      

      

      Timing
        of forfeiture allocation.
        The Plan
        Administrator will allocate forfeitures under Section 3.05 in the Plan Year:
        (Choose
        one of (d) or (e))

      

      
        	
                x

              	
                (d) In
                  which the forfeiture occurs.

              

      

      

      
        	
                o

              	
                (e) Immediately
                  following the Plan Year in which the forfeiture
                  occurs.

              

      

      

      
        	18.	
                ALLOCATION
                  CONDITIONS (3.06).

              

      

      

      Allocation
        conditions.
        The Plan
        does not apply any allocation conditions to deferral contributions, 401(k)
        safe
        harbor contributions (under Section 3.01(d)) or to Davis-Bacon contributions
        (except as the Davis-Bacon contract provides). To receive an allocation of
        matching contributions, nonelective contributions, qualified nonelective
        contributions or Participant forfeitures, a Participant must satisfy the
        following allocation condition(s): (Choose
        one or more of (a) through (i) as applicable)

      

      
        	
                o

              	
                (a) Hours
                  of Service condition. The Participant must complete at least the
                  specified number of Hours of Service (not exceeding 1,000) during
                  the Plan
                  Year:
                              .

              

      

      

      
        	
                x

              	
                (b) Employment
                  condition. The Participant must be employed by the Employer on
                  the last day of the       plan
                  year       (designate time
                  period).

              

      

       

      
        
          	
                  o

                	
                  (c)
                    No
                    allocation conditions.

                

        

         

      

      
        	
                o
 	
                (d) Elapsed
                  Time Method. The Participant must complete at least the specified
                  number (not exceeding 182) of consecutive calendar days of employment
                  with
                  the Employer during the Plan Year:
                              .

              

      

      

      
        	
                o

              	
                (e) Termination
                  of Service/501 Hours of Service coverage rule. The Participant
                  either must be employed by the Employer on the last day of the
                  Plan Year
                  or must complete at least 501 Hours of Service during the Plan
                  Year. If
                  the Plan uses the Elapsed Time Method of crediting Service, the
                  Participant must complete at least 91 consecutive calendar days
                  of
                  employment with the Employer during the Plan
                  Year.

              

      

      

      
        	
                o

              	
                (f) Special
                  allocation conditions for matching contributions. The Participant
                  must complete at least
                              
                  Hours of Service during the
                              
                  (designate time period) for the matching contributions made for
                  that time period.

              

      

      

      
        	
                o

              	
                (g) Death,
                  Disability or Normal Retirement Age. Any condition specified in
                  Section 3.06
                              
                  applies if the Participant incurs a Separation from Service during
                  the
                  Plan Year on account of:
                              
                  (e.g., death, Disability or Normal Retirement
                  Age).

              

      

      

      
        	
                x

              	
                (h) Suspension
                  of allocation conditions for coverage. The suspension of
                  allocation conditions of Plan Section 3.06(E) applies to the
                  Plan.

              

      

       

      
        
          	
                  x

                	
                  (i)
                    Limited
                    allocation conditions.
                    The Plan does not impose an allocation condition for the following
                    types
                    of contributions:       
                    Employer Matching
                    Contributions      .
                    [Note:
                    Any election to limit the Plan’s allocation conditions to certain
                    contributions must be the same for all Participants, be definitely
                    determinable and not discriminate in favor of Highly Compensated
                    Employees.]

                

        

      

      

      ARTICLE
        IV

      PARTICIPANT
        CONTRIBUTIONS

      

      
        19.    EMPLOYEE
          (AFTER TAX) CONTRIBUTIONS (4.02).
          The
          following elections apply to Employee contributions: (Choose
          one of (a) or (b). Choose (c) if applicable) 

      

      

      
        	
                x

              	
                (a) Not
                  permitted. The Plan does not permit Employee
                  contributions.

              

      

       

      
        
          
          

        

        
          9

          
            

          

        

        
          
          

        

         

      

      
        	
                o

              	
                (b) Permitted.
                  The Plan permits Employee contributions subject to the following
                  limitations:
                              .

                [Note:
                  Any designated limitation(s) must be the same for all Participants,
                  be
                  definitely determinable and not discriminate in favor of Highly
                  Compensated Employees.]

              

      

       

      
        	
                o

              	
                (c) Matching
                  contribution. For each Plan Year, the Employer’s matching
                  contribution made with respect to Employee contributions is:
                               .

              

      

      

      ARTICLE
        V

      VESTING
        REQUIREMENTS

      

      
        20.    NORMAL/EARLY
          RETIREMENT AGE (5.01).
          A
          Participant attains Normal Retirement Age (or Early Retirement Age, if
          applicable) under the Plan on the following date: (Choose
          one of (a) or (b). Choose (c) if applicable)

      

      

      
        	
                x

              	
                (a) Specific
                  age. The date the Participant attains age
                         65       .
                  [Note: The age may not exceed age
                  65.]

              

      

      

      
        	
                o

              	
                (b) Age/participation.
                  The later of the date the Participant attains
                               
                  years of age or the
                              
                  anniversary of the first day of the Plan Year in which the Participant
                  commenced participation in the Plan. [Note: The
                  age may not exceed age 65 and the anniversary may not exceed
                  the 5th.]

              

      

      

      
        	
                o

              	
                (c) Early
                  Retirement Age. Early Retirement Age is the later of: (i) the
                  date a Participant attains age
                              
                  or (ii) the date a Participant reaches his/her
                              
                  anniversary of the first day of the Plan Year in which the Participant
                  commenced participation in the
                  Plan.

              

      

      

      
        21.    PARTICIPANT’S
          DEATH OR DISABILITY (5.02).
          The
          100% vesting rule under Plan Section 5.02 does not apply to: (Choose
          (a) or (b) or both as applicable)

      

      

      
        	
                o

              	
                (a) Death.

              

      

      

      
        	
                o

              	
                (b) Disability.

              

      

      

      
        22.    VESTING
          SCHEDULE (5.03).
          A
          Participant has a 100% Vested interest at all times in his/her deferral
          contributions, qualified nonelective contributions, qualified matching
          contributions, 401(k) safe harbor contributions and Davis-Bacon contributions
          (unless otherwise indicated in (f)). The following vesting schedule applies
          to
          Employer regular matching contributions and to Employer nonelective
          contributions: (Choose
          (a) or choose one or more of (b) through (f) as
          applicable)

      

      

      
        	
                o

              	
                (a) Immediate
                  vesting. 100% Vested at all times. [Note: The
                  Employer must elect (a) if the Service condition under Section
                  2.01
                  exceeds One Year of Service or more than twelve
                  months.]

              

      

      

      
        	
                x

              	
                (b) Top-heavy
                  vesting schedules. [Note: The Employer must choose one of
                  (b)(1), (2) or (3) if it does not elect
                  (a).]

              

      

       

      
        
          	
                  
                    o

                  

                	
                  (1) 
6-year
                    graded as
                    specified in the Plan.

                	
                  
                    x

                  

                	
                  (3)      
                    Modified top-heavy schedule

                
	
                  

                    
                      o

                    

                  

                	
                  (2)     
                    3-year cliff as specified in the Plan.

                	 	 

        

      

      
        

          
            	
                    
                      Years
                        of 

                      
                        Service
                          

                      

                    

                  	
                    Vested

                    Percentage

                  
	
                    Less
                      than 1 

                  	
                    0%

                  
	
                    1
                      

                  	
                    20%

                  
	
                    2
                      

                  	
                    40%

                  
	
                    3
                      

                  	
                    60%

                  
	
                    4
                      

                  	
                    80%

                  
	
                    5
                      

                  	
                    100%

                  
	
                    6
                      or more 

                  	
                    100%

                  

          

        

      

       

      
        
          
          

        

        
          10

          
            

          

        

        
          
          

        

      

       

      
        	
                o

              	
                (c) Non-top-heavy
                  vesting schedules. [Note: The Employer may elect one of
                  (c)(1), (2) or (3) in addition to
                  (b).]

              

      

       

      
        
          	
                  
                    o

                  

                	
                  (1)
                    7-year graded as specified in the Plan.

                	
                  
                    o

                  

                	
                  (3)
                    Modified non-top-heavy schedule

                
	
                  
                    o

                  

                	
                  (2)5-year
                    cliff as specified in the Plan.

                	 	 

        

      

       

      
        	
                Years
                  of

                Service
                  

              	
                Vested

                Percentage

              
	 	 
	
                Less
                  than 1 

              	
                 ___%

              
	
                1
                  

              	
                ___%

              
	
                2
                  

              	
                ___%

              
	
                3
                  

              	
                ___%

              
	
                4
                  

              	
                ___%

              
	
                5
                  

              	
                ___%

              
	
                6
                  

              	
                  ___%

              
	
                7
                  or more 

              	
                100%

              

      

      

      If
        the
        Employer does not elect (c), the vesting schedule elected in (b) applies
        to all
        Plan Years. [Note:
        The modified top-heavy schedule of (b)(3) must satisfy Code §416. If the
        Employer elects (c)(3), the modified non-top-heavy schedule must satisfy
        Code
§411(a)(2).]

      

      
        	
                o

              	
                (d) Separate
                  vesting election for regular matching contributions. In lieu of
                  the election under (a), (b) or (c), the following vesting schedule
                  applies
                  to a Participant’s regular matching contributions: (Choose one of (1)
                  or (2))

              

      

      

      
        	
              	
                o

              	
                (1) 100%
                  Vested at all times.

              

      

      

      
        
          	
                	
                  o

                	
                  (2) Regular
                    matching vesting schedule:
                                .
                    
                    [Note:
                      The vesting schedule completed under (d)(2) must comply with
                      Code
                      §411(a)(4).]

                  

                

        

         

      

      
        	
                
                  o

                

              	
                (e) Application
                  of top-heavy schedule. The non-top-heavy schedule elected under
                  (c) applies in all Plan Years in which the Plan is not a top-heavy
                  plan.
                  [Note: If the Employer does not elect (e), the top-heavy vesting
                  schedule will apply for the first Plan Year in which the Plan is
                  top-heavy
                  and then in all subsequent Plan
                  Years.]

              

      

       

      
        	
                o

              	
                (f) Special
                  vesting
                  provisions:             .
                  [Note: Any special vesting provision must satisfy Code
                  §411(a). Any special vesting provision must be definitely determinable,
                  not discriminate in favor of Highly Compensated Employees and not
                  violate
                  Code §401(a)(4).]

              

      

      

      
        23.    YEAR
          OF SERVICE - VESTING (5.06).
          (Choose
          (a) and (b)):
          [Note:
          If the Employer elects the Elapsed Time Method or elects immediate vesting,
          the
          Employer should not complete (a) or (b).]

      

      

      
        	
                x

              	
                (a) Year
                  of Service. An Employee must complete at least
                         1000      
                  Hours of Service during a vesting computation period to receive
                  credit for
                  a Year of Service under Article V. [Note: The number may not exceed
                  1,000. If left blank, the requirement is
                  1,000.]

              

      

      

      
        	
                
                  
                    x

                  

                

              	
                (b) Vesting
                  computation period. The Plan measures a Year of Service on the
                  basis of the following 12-consecutive month period: (Choose one of (1)
                  or (2))

              

      

      

      
        	
              	
                x

              	
                (1) Plan
                  Year.

              

      

      

      
        	
              	
                o

              	
                (2) Employment
                  year (anniversary of Employment Commencement
                  Date).

              

      

      

      
        24.    EXCLUDED
          YEARS OF SERVICE - VESTING (5.08).
          The
          Plan excludes the following Years of Service for purposes of vesting:
(Choose
          (a) or choose one or more of (b) through (f) as
          applicable)

      

      

      
        	
                x

              	
                (a) None.
                  None other than as specified in Plan Section
                  5.08(a).

              

      

      

      
        	
                o

              	
                (b) Age
                  18. Any Year of Service before the Year of Service during
                  which
                  the Participant attained the age of
                  18.

              

      

      

      
        	
                o

              	
                (c) Prior
                  to Plan establishment.
                  Any Year of Service during the period the Employer did not maintain
                  this
                  Plan or a predecessor plan.

              

      

      

      
        	
                
                  o

                

              	
                (d) Parity
                  Break in Service. Any Year of Service excluded under the rule of
                  parity. See Plan Section 5.10.

              

      

       

      
        
          
          

        

        
          11

          
            

          

        

        
          
          

        

      

       

      
        	
                o

              	
                (e) Prior
                  Plan terms. Any Year of Service disregarded under the terms of
                  the Plan as in effect prior to this restated
                  Plan.

              

      

      

      
        	
                o

              	
                (f) Additional
                  exclusions. Any Year of Service before:
                               .
                  
                  [Note:
                    Any exclusion specified under (f) must comply with Code §411(a)(4).
                    Any exclusion must be definitely determinable, not discriminate
                    in
                    favor of Highly Compensated Employees and not violate Code
                    §401(a)(4). If the Employer elects immediate vesting, the
                    Employer should not complete Section
                    5.08.]

                

              

      

       

      
        ARTICLE
          VI 

        DISTRIBUTION
          OF ACCOUNT BALANCE

        

        
          
            25.    TIME
              OF PAYMENT OF ACCOUNT BALANCE (6.01). The following
              time of distribution elections apply to the Plan:

          

        

        

        Separation
          from Service/Vested Account Balance not exceeding $5,000.
          Subject
          to the limitations of Plan Section 6.01(A)(1), the Trustee will distribute
          in a
          lump sum (regardless of the Employer’s election under Section 6.04) a separated
          Participant’s Vested Account Balance not exceeding $5,000: (Choose
          one of (a) through (d))

      

       

      
        	
                x

              	
                (a) Immediate.
                  As soon as administratively practicable following the
                  Participant’s Separation from
                  Service.

              

      

      

      
        	
                o

              	
                (b) Designated
                  Plan Year. As soon as administratively practicable in the
                              
                  Plan Year beginning after the Participant’s Separation from
                  Service.

              

      

      

      
        	
                o

              	
                (c) Designated
                  Plan Year quarter. As soon as administratively practicable in the
                              
                  Plan Year quarter beginning after the Participant’s Separation from
                  Service.

              

      

      

      
        	
                o

              	
                (d) Designated
                  distribution. As soon as administratively practicable in the:
                              following
                  the Participant’s Separation from Service. [Note: The designated
                  distribution time must be the same for all Participants, be definitely
                  determinable, not discriminate in favor of Highly Compensated Employees
                  and not violate Code
§401(a)(4).]

              

      

      

      Separation
        from Service/Vested Account Balance exceeding $5,000.
        A
        separated Participant whose Vested Account Balance exceeds $5,000 may elect
        to
        commence distribution of his/her Vested Account Balance no earlier than:
        (Choose
        one of (e) through (i). Choose (j) if applicable)

      

      
        	
                x

              	
                (e) Immediate.
                  As soon as administratively practicable following the
                  Participant’s Separation from
                  Service.

              

      

      

      
        	
                o

              	
                (f) Designated
                  Plan Year. As soon as administratively practicable in the
                              
                  Plan Year beginning after the Participant’s Separation from
                  Service.

              

      

      

      
        	
                o

              	
                (g) Designated
                  Plan Year quarter. As soon as administratively practicable in the
                              
                  Plan Year quarter following the Plan Year quarter in which the
                  Participant
                  elects to receive a distribution.

              

      

       

      
        	
                o

              	
                (h) Normal
                  Retirement Age. As soon as administratively practicable after the
                  close of the Plan Year in which the Participant attains Normal
                  Retirement
                  Age and within the time required under Plan Section
                  6.01(A)(2).

              

      

       

      
        	
                o

              	
                (i) Designated
                  distribution. As soon as administratively practicable in the:
                              
                  following the Participant’s Separation from Service. [Note: The
                  designated distribution time must be the same for all Participants,
                  be
                  definitely determinable, not discriminate in favor of Highly Compensated
                  Employees and not violate Code
§401(a)(4).]

              

      

      

      
        	
                o

              	
                (j) Limitation
                  on Participant’s right to delay distribution. A Participant may
                  not elect to delay commencement of distribution of his/her Vested
                  Account
                  Balance beyond the later of attainment of age 62 or Normal Retirement
                  Age.
                  [Note: If the Employer does not elect (j), the Plan permits
                  a
                  Participant who has Separated from Service to delay distribution
                  until
                  his/her required beginning date. See Plan Section
                  6.01(A)(2).]

              

      

      

      Participant
        elections prior to Separation from Service.
        A
        Participant, prior to Separation from Service may elect any of the following
        distribution options in accordance with Plan Section 6.01(C). (Choose
        (k) or choose one or more of (l) through (o) as applicable). [Note:
        If the Employer elects any in-service distributions option, a Participant
        may
        elect to receive one in-service distribution per Plan Year unless the Plan’s
        in-service distribution form provides for more frequent in-service
        distributions.]

      

      
        	
                o

              	
                (k) None.
                  A Participant does not have any distribution option prior to Separation
                  from Service, except as may be provided under Plan Section
                  6.01(C).

              

      

      

      
        	
                x

              	
                (l) Deferral
                  contributions. Distribution of all or any portion (as permitted
                  by the Plan) of a Participant’s Account Balance attributable to deferral
                  contributions if: (Choose one or more of (1), (2) or (3) as
                  applicable)

              

      

      

      
        	
              	
                x

              	
                (1) Hardship
                  (safe harbor hardship rule). The Participant has incurred a
                  hardship in accordance with Plan Sections 6.09 and
                  14.11(A).

              

      

      

      
        
          	
                	
                  
                    o

                  

                	
                  (2) Age.
                    The Participant has attained age
                                
                    (Must be at least age 59
                    1/2).

                

        

      

      

      
        	
              	
                o

              	
                (3) Disability.
                  The Participant has incurred a
                  Disability.

              

      

       

      
        
          
          

        

        
          12

          
            

          

        

        
          
          

        

      

       

      
        	
                o

              	
                (m) Qualified
                  nonelective contributions/qualified matching contributions/safe
                  harbor
                  contributions. Distribution of all or any portion of a
                  Participant’s Account Balance attributable to qualified nonelective
                  contributions, to qualified matching contributions, or to 401(k)
                  safe
                  harbor contributions if: (Choose (1) or (2) or both as
                  applicable)

              

      

      

      
        	
              	
                o

              	
                (1) Age.
                  The Participant has attained age
                               (Must
                  be at least age 59 1/2).

              

      

      

      
        	
              	
                o

              	
                (2) Disability.
                  The Participant has incurred a
                  Disability.

              

      

      

      
        	
                o

              	
                (n) Nonelective
                  contributions/regular matching contributions. Distribution of all
                  or any portion of a Participant’s Vested Account Balance attributable to
                  nonelective contributions or to regular matching contributions
                  if:
                  (Choose one or more of (1) through (5) as
                  applicable)

              

      

      

      
        	
              	
                o

              	
                (1) Age/Service
                  conditions. (Choose one or more of a. through d. as
                  applicable):

              

      

      

      
        	
              	
                o

              	
                a. Age.
                  The Participant has attained age
                              .

              

      

      

      
        	
              	
                o

              	
                b. Two-year
                  allocations. The Plan Administrator has allocated the
                  contributions to be distributed for a period of not less than
                              
                  Plan Years before the distribution date. [Note: The minimum number of
                  years is 2.]

              

      

      

      
        	
              	
                o

              	
                c. Five
                  years of participation. The Participant has participated in the
                  Plan for at least
                              
                  Plan Years. [Note: The minimum number of years is
                  5.]

              

      

      

      
        	
              	
                o

              	
                d. Vested.
                  The Participant is
                              %
                  Vested in his/her Account Balance. See Plan Section 5.03(A).
                  [Note: If an Employer makes more than one election under
                  Section 6.01(n)(1), a Participant must satisfy all conditions before
                  the
                  Participant is eligible for the
                  distribution.]

              

      

      

      
        	
              	
                o

              	
                (2) Hardship.
                  The Participant has incurred a hardship in accordance with Plan
                  Section
                  6.09.

              

      

      

      
        	
              	
                o

              	
                (3) Hardship
                  (safe harbor hardship rule). The Participant has incurred a
                  hardship in accordance with Plan Sections 6.09 and
                  14.11(A).

              

      

      

      
        	
              	
                o

              	
                (4) Disability.
                  The Participant has incurred a
                  Disability.

              

      

      

      
        	
              	
                o

              	
                (5) Designated
                  condition. The Participant has satisfied the following
                  condition(s):
                              .
                  
                  [Note:
                    Any designated condition(s) must be the same for all Participants,
                    be
                    definitely determinable and not discriminate in favor of Highly
                    Compensated Employees.]

                

              

      

       

      
        	
                x

              	
                (o) Participant
                  contributions. Distribution of all or any portion of a
                  Participant’s Account Balance attributable to the following Participant
                  contributions described in Plan Section 4.01: (Choose one of (1), (2)
                  or (3))

              

      

      

      
        	
              	
                o

              	
                (1) All
                  Participant contributions.

              

      

      

      
        	
              	
                o

              	
                (2) Employee
                  contributions only.

              

      

      

      
        	
              	
                x

              	
                (3) Rollover
                  contributions only.

              

      

      

      Participant
        loan default/offset.
        See
        Section 6.08 of the Plan.

      

      
        26.    DISTRIBUTION
          METHOD (6.03).
          A
          separated Participant whose Vested Account Balance exceeds $5,000 may elect
          distribution under one of the following method(s) of distribution described
          in
          Plan Section 6.03: (Choose
          one or more of (a) through (d) as applicable)

      

      

      
        	
                x

              	
                (a) Lump
                  sum.

              

      

      

      
        	
                o

              	
                (b) Installments.

              

      

      

      
        	
                x

              	
                (c) Installments
                  for required minimum distributions
                  only. 

              

      

      

      
        	
                o

              	
                (d) Annuity
                  distribution
                  option(s):              .
                  

                [Note:
                  Any optional method of distribution may not be subject to Employer,
                  Plan
                  Administrator or Trustee discretion.]

              

      

       

      
        27.    JOINT
          AND SURVIVOR ANNUITY REQUIREMENTS (6.04).
          The
          joint and survivor annuity distribution requirements of Plan Section 6.04:
          (Choose
          one of (a) or (b))

      

      

      
        	
                x

              	
                (a) Profit
                  sharing plan exception. Do not apply to a Participant, unless the
                  Participant is a Participant described in Section 6.04(H) of the
                  Plan.

              

      

      

      
        	
                o

              	
                (b) Applicable.
                  Apply to all Participants.

              

      

       

      
        
          
          

        

        
          13

          
            

          

        

        
          
          

        

      

    

    
       

      ARTICLE
        IX

      PLAN
        ADMINISTRATOR - DUTIES WITH RESPECT TO PARTICIPANTS’
ACCOUNTS

      

      
        28.    ALLOCATION
          OF NET INCOME, GAIN OR LOSS (9.08). For each type of
          contribution provided under the Plan, the Plan allocates net income, gain
          or
          loss using the following method: (Choose one or more of (a) through (e) as
          applicable)

      

      

      
        	x	
                (a) Deferral
                  contributions/Employee contributions. (Choose one or
                  more of (1) through (5) as
                  applicable)

              

      

      

      
        
          	
                	x	
                  (1) Daily
                    valuation method. Allocate on each business day of the Plan Year
                    during which Plan assets for which there is an established market
                    are
                    valued and the Trustee is conducting
                    business.

                

        

      

      

      
        	
              	o	
                (2) Balance
                  forward method. Allocate using the balance forward
                  method.

              

      

      

      
        	
              	o	
                (3) Weighted
                  average method. Allocate using the weighted average method, based
                  on the following weighting period:
                              .
                  See Plan Section 14.12.

              

      

      

      
        	
              	o	
                (4) Balance
                  forward method with adjustment. Allocate pursuant to the balance
                  forward method, except treat as part of the relevant Account at
                  the
                  beginning of the valuation period
                          % of the
                  contributions made during the following valuation period:
                              .

              

      

      

      
        	
              	o	
                (5) Individual
                  account method. Allocate using the individual account method. See
                  Plan Section 9.08.

              

      

      

      
        	x	
                (b) Matching
                  contributions. (Choose one or more of (1) through (5) as
                  applicable)

              

      

      

      
        	
              	x	
                (1) Daily
                  valuation method. Allocate on each business day of the Plan Year
                  during which Plan assets for which there is an established market
                  are
                  valued and the Trustee is conducting
                  business.

              

      

      

      
        	
              	o	
                (2) Balance
                  forward method. Allocate using the balance forward
                  method.

              

      

      

      
        	
              	o	
                (3) Weighted
                  average method. Allocate using the weighted average method, based
                  on the following weighting period:
                              .
                  See Plan Section 14.12.

              

      

      

      
        	
              	o	
                (4) Balance
                  forward method with adjustment. Allocate pursuant to the balance
                  forward method, except treat as part of the relevant Account at
                  the
                  beginning of the valuation period
                          % of the
                  contributions made during the following valuation period:
                              .

              

      

      

      
        	
              	o	
                (5) Individual
                  account method. Allocate using the individual account method. See
                  Plan Section 9.08.

              

      

      

      
        	x	
                (c) Employer
                        nonelective contributions. (Choose one or more of (1)
                  through (5) as applicable)

              

      

      

      
        	
              	x	
                (1) Daily
                  valuation method. Allocate on each business day of the Plan Year
                  during which Plan assets for which there is an established market
                  are
                  valued and the Trustee is conducting
                  business.

              

      

      

      
        	
              	o	
                (2) Balance
                  forward method. Allocate using the balance forward
                  method.

              

      

      

      
        	
              	o	
                (3) Weighted
                  average method. Allocate using the weighted average method, based
                  on the following weighting period:
                              .
                  See Plan Section 14.12.

              

      

      

      
        	
              	o	
                (4) Balance
                  forward method with adjustment. Allocate pursuant to the balance
                  forward method, except treat as part of the relevant Account at
                  the
                  beginning of the valuation period
                          % of the
                  contributions made during the following valuation period:
                              .

              

      

      

      
        	
              	o	
                (5) Individual
                  account method. Allocate using the individual account method. See
                  Plan Section 9.08.

              

      

      

      
        	o	
                (d) Specified
                  method. Allocate pursuant to the following method:
                              .

              

      

      
        	
              	
                [Note:
                  The specified method must be a definite predetermined formula
                  which is
                  not based on Compensation, which satisfies the nondiscrimination
                  requirements of Treas. Reg. §1.401(a)(4) and which is applied uniformly to
                  all Participants.]

              

      

      

      
        	o	
                (e) Interest
                  rate factor. In accordance with Plan Section 9.08(E), the Plan
                  includes interest at the following rate on distributions made more
                  than 90
                  days after the most recent valuation date:
                              .

              

      

       

      
        
          
          

        

        
          14

          
            

          

        

        
          
          

        

      

       

      ARTICLE
        X

      TRUSTEE
        AND CUSTODIAN, POWERS AND DUTIES

       

      
        29.    INVESTMENT
          POWERS (10.03).
          The
          following additional investment options or limitations apply under Plan
          Section
          10.03:       N/A       .
          [Note:
          Enter “N/A” if not applicable.]

      

      

      
        30.    VALUATION
          OF TRUST (10.15).
          In
          addition to the last day of the Plan Year, the Trustee must value the Trust
          Fund
          on the following valuation date(s): (Choose
          one of (a) through (d))

      

      

      
        	x	
                (a) Daily
                  valuation dates. Each business day of the Plan Year on which Plan
                  assets for which there is an established market are valued and
                  the Trustee
                  is conducting business.

              

      

      

      
        	o	
                (b) Last
                  day of a specified period. The last day of each
                               
                  of the Plan Year.

              

      

      

      
        	o	
                (c) Specified
                  dates:             .

              

      

      

      
        	o	
                (d) No
                  additional valuation
                  dates.

              

      

       

       

      
        
          
          

        

        
          15

          
            

          

        

        
          
          

        

      

    

    
      Execution
        Page

      

      The
        Trustee (and Custodian, if applicable), by executing this Adoption Agreement,
        accepts its position and agrees to all of the obligations, responsibilities
        and
        duties imposed upon the Trustee (or Custodian) under the Prototype Plan and
        Trust. The Employer hereby agrees to the provisions of this Plan and Trust,
        and
        in witness of its agreement, the Employer by its duly authorized officers,
        has
        executed this Adoption Agreement, and the Trustee (and Custodian, if applicable)
        has signified its acceptance,
        on:________________________________________________________________________________________________________________________________________.

      

      
        	 	
                Name
                  of Employer:

              	Colonial
                Auto Finance, Inc.
	 	
                Employer’s
                  EIN: 

              	
                71-0863258

              
	 	
                Signed:

              	 
	 	 	 
	 	 	
                [Name/Title]

              
	 	 	 
	 	
                Name(s)
                  of Trustee:

              
	 	 	
                Bank
                  of Arkansas, N.A.

              
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	
                Trust
                  EIN (Optional):

              
	 	 	 
	 	
                Signed:

              	 
	 	 	 
	 	 	
                [Name/Title]

              
	 	
                Signed:

              	 
	 	 	 
	 	 	
                [Name/Title]

              
	 	
                Signed:

              	 
	 	 	 
	 	 	
                [Name/Title]

              
	 	
                Signed:

              	 
	 	 	 
	 	 	
                [Name/Title]

              
	 	 	 
	 	
                Name
                  of Custodian (Optional):

              
	 	 	
                N/A

              
	 	
                Signed:

              	 
	 	 	 
	 	 	
                [Name/Title]

              

      

      

      31.Plan
        Number.
        The
        3-digit plan number the Employer assigns to this Plan for ERISA reporting
        purposes (Form 5500 Series) is:        001    .

      

      Use
        of Adoption Agreement.
        Failure
        to complete properly the elections in this Adoption Agreement may result
        in
        disqualification of the Employer’s Plan. The Employer only may use this Adoption
        Agreement in conjunction with the basic plan document referenced by its document
        number on Adoption Agreement page one.

      

      Execution
        for Page Substitution Amendment Only.
        If this
        paragraph is completed, this Execution Page documents an amendment to Adoption
        Agreement Section(s)   3.02
        (b)  
        effective   February
        7, 2005  ,
        by
        substitute Adoption Agreement page number(s)  
        6  .

       

      Prototype
        Plan Sponsor.
        The
        Prototype Plan Sponsor identified on the first page of the basic plan document
        will notify all adopting employers of any amendment of this Prototype Plan
        or of
        any abandonment or discontinuance by the Prototype Plan Sponsor of its
        maintenance of this Prototype Plan. For inquiries regarding the adoption
        of the
        Prototype Plan, the Prototype Plan Sponsor’s intended meaning of any Plan
        provisions or the effect of the opinion letter issued to the Prototype Plan
        Sponsor, please contact the Prototype Plan Sponsor at the following address
        and
        telephone number:   P.O.
        Box 880, Tulsa, OK 74101-0880,  800-285-9559 or
        918-588-6573                                                                                                                     
.

       

      
        
          
          

        

        
          16

          
            

          

        

        
          
          

        

      

       

      Reliance
        on Sponsor Opinion Letter.
        The
        Prototype Plan Sponsor has obtained from the IRS an opinion letter specifying
        the form of this Adoption Agreement and the basic plan document satisfy,
        as of
        the date of the opinion letter, Code §401. An adopting Employer may rely on the
        Prototype Sponsor’s IRS opinion letter 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
        and in Announcement 2001-77. In order to have reliance in such circumstances
        or
        with respect to such qualification requirements, the Employer must apply
        for a
        determination letter to Employee Plans Determinations of the Internal Revenue
        Service.

      

      
        
          
          

        

        
          17

          
            

          

        

        
          
          

        

      

       

      PARTICIPATION
        AGREEMENT

      

      o
        Check here if not
        applicable and do not
        complete this page.

      

      The
        undersigned Employer, by executing this Participation Agreement, elects to
        become a Participating Employer in the Plan identified in Section 1.21 of
        the
        accompanying Adoption Agreement, as if the Participating Employer were a
        signatory to that Adoption Agreement. The Participating Employer accepts,
        and
        agrees to be bound by, all of the elections granted under the provisions
        of the
        Prototype Plan as made by the Signatory Employer to the Execution Page of
        the
        Adoption Agreement, except as otherwise provided in this Participation
        Agreement.

      

      32. EFFECTIVE
        DATE (1.10).
        The
        Effective Date of the Plan for the Participating Employer is:   August
        1, 2002   .

      

      33. NEW
        PLAN/RESTATEMENT.
        The
        Participating Employer’s adoption of this Plan constitutes: (Choose
        one of (a) or (b))

      

      
        	x	
                (a) The
                  adoption of a new plan by the Participating
                  Employer.

              

      

      

      
        	o	
                (b) The
                  adoption of an amendment and restatement of a plan currently maintained
                  by
                  the Participating Employer, 

              

        	 	identified as: ___________________________________________________________________________,

        	 	and
                having
                an original effective date of: _______________________________________________________.

      

       

      34. PREDECESSOR
        EMPLOYER SERVICE (1.30).
        In
        addition to the predecessor service credited by reason of Section 1.30 of
        the
        Plan, the Plan credits as Service under this Plan, service with this
        Participating Employer. (Choose
        one or more of (a) through (d) as applicable):
        [Note:
        If the Plan does not credit any additional predecessor service under Section
        1.30 for this Participating Employer, do not complete this
        election.]

      

      
        	x	
                (a) Eligibility.
                  For
                  eligibility under Article II. See Plan Section 1.30 for time of
                  Plan
                  entry.

              

      

      

      
        	x	
                (b) Vesting.
                  For
                  vesting under Article V.

              

      

      

      
        	o	
                (c) Contribution
                  allocation.
                  For contribution allocations under Article
                  III.

              

      

      

      
        	o	
                (d) Exceptions.
                  Except for the following Service: ______________.

              

      

      

      
        	
                Name
                  of Plan:

              	 	
                Name
                  of Participating Employer:

              
	
                Colonial
                  Auto Finance, Inc.  401(k) Plan

              	 	
                Colonial
                  Underwriting,
                  Inc.                                                              
                  

              
	 	 	 	 
	 	 	
                Signed:
                  

              	 
	 	 	 	
                 [Name/Title]

              
	 	 	 	 
	 	 	 	
                 [Date]

              
	 	 	
                Participating
                  Employer’s EIN: 

              	
                71-0863159  

              

      

       

      Acceptance
        by the Signatory Employer to the Execution Page of the Adoption Agreement
        and by
        the Trustee.

      

      
        	Name
                of Signatory Employer:	
                 

              	Name(s)
                of Trustee:
	Colonial
                Auto Finance, Inc.	 	Bank
                of Arkansas, Inc.
	 	 	 
	 	
                [Name/Title]

              	
                 

              	 	
                [Name/Title]

              
	 	 	 	 	 
	
                Signed:

              	 	 	
                Signed:

              	 
	 	 	 	 	 
	 	
                [Date]

              	 	 	
                [Date]

              

      

       

      [Note:
        Each Participating Employer must execute a separate Participation Agreement.
        If
        the Plan does not have a Participating Employer, the Signatory Employer may
        delete this page from the Adoption Agreement.]

      

      
        
          
          

        

        
          18

          
            

          

        

        
          
          

        

      

       

      APPENDIX
        A

      TESTING
        ELECTIONS/EFFECTIVE DATE ADDENDUM

      

      35.     The
        following testing elections and special effective dates apply:
        (Choose one or more of (a) through (n) as applicable)

       

      
        	o	
                (a) Highly
                  Compensated Employee (1.14).
                  For Plan Years beginning after             ,
                  the Employer makes the following election(s) regarding the definition
                  of
                  Highly Compensated Employee:

              

      

       

      
        	
              	(1)	
                o
                  Top
                  paid group election.

              

      

      
        	
              	(2)	
                o
Calendar
                  year data election (fiscal year
                  plan).

              

      

       

      
        	x	
                (b) 401(k)
                  current year testing.
                  The Employer will apply the current year testing method in applying
                  the
                  ADP and ACP tests effective for Plan Years beginning after:       December
                  31, 2001      .
                  [Note:
                  For Plan Years beginning on or after the Employer’s
                  execution of
                  its “GUST”
                  restatement, the Employer must use the same testing method within
                  the same
                  Plan Year for both the ADP and ACP tests.]

              

      

       

      
        	o	
                (c) Compensation.
                  The Compensation definition under Section 1.07 will apply for Plan
                  Years
                  beginning after:             .

              

      

       

      
        	o	
                (d) Election
                  not to participate.
                  The election not to participate under Section 2.06 is effective:
                              .

              

      

       

      
        	o	
                (e) 401(k)
                  safe harbor.
                  The 401(k) safe harbor provisions under Section 3.01(d) are effective:
                              .

              

      

       

      
        	o	
                (f) Negative
                  election.
                  The negative election provision under Section 3.02(b) is effective:
                              .

              

      

       

      
        	o	
                (g) Contribution/allocation
                  formula.
                  The specified contribution(s) and allocation method(s) under Sections
                  3.01
                  and 3.04 are effective:             .

              

      

       

      
        	o	
                (h) Allocation
                  conditions.
                  The allocation conditions of Section 3.06 are effective:             .

              

      

       

      
        	o	
                (i) Benefit
                  payment elections.
                  The distribution elections of Section(s)             
                  are effective:             .

              

      

       

      
        	o	
                (j) Election
                  to continue pre-SBJPA required beginning date.
                  A
                  Participant may not elect to defer commencement of the distribution
                  of
                  his/her Vested Account Balance beyond the April 1 following the
                  calendar
                  year in which the Participant attains age 70 1/2. See Plan Section
                  6.02(A).

              

      

       

      
        	o	
                (k) Elimination
                  of age 70 1/2 in-service distributions.
                  The Plan eliminates a Participant’s (other than a more than 5% owner)
                  right to receive in-service distributions on April 1 of the calendar
                  year
                  following the year in which the Participant attains age 70 1/2
                  for Plan
                  Years beginning after:             .

              

      

       

      
        	o	
                (l) Allocation
                  of earnings.
                  The earnings allocation provisions under Section 9.08 are effective:
                              .

              

      

       

      
        	o	
                (m) Elimination
                  of optional forms of benefit.
                  The Employer elects prospectively to eliminate the following optional
                  forms of benefit: (Choose
                  one or more of (1), (2) and (3) as
                  applicable)

              

      

       

      
        	
              	o	
                (1) QJSA
                  and QPSA benefits as described in Plan Sections 6.04, 6.05 and
                  6.06
                  effective:             .

              

      

       

      
        	
              	o	
                (2) Installment
                  distributions as described in Section 6.03 effective:             .

              

      

       

      
        	
              	o	
                (3) Other
                  optional forms of benefit (Any
                  election to eliminate must be consistent with Treas. Reg.
                  §1.411(d)-4):
                              .

              

      

       

      
        	o	
                (n) Special
                  effective date(s):             .

              

      

      

      For
        periods prior to the above-specified special effective date(s), the Plan
        terms
        in effect prior to its restatement under this Adoption Agreement will control
        for purposes of the designated provisions. A special effective date may not
        result in the delay of a Plan provision beyond the permissible effective
        date
        under any applicable law.

      

      
        
          
          

        

        
          19

          
            

          

        

        
          
          

        

      

       

    

    
      APPENDIX
        B

      GUST
        Remedial Amendment Period Elections

      

      
        	36.	
                The
                  following GUST restatement elections apply: (Choose
                  one or more of (a) through (j) as
                  applicable)

              

      

      

      
        	
                o

              	
                (a) Highly
                  Compensated Employee elections.
                  The Employer makes the following remedial amendment period elections
                  with
                  respect to the Highly Compensated Employee
                  definition:

              

      

      

        
          	 	
                  (1)

                	
                  1997:

                	
                  o

                	
                  Top
                    paid group election.

                	 	
                  
                    o

                  

                	
                  Calendar
                    year election.

                
	 	
                	
                	
                  
                    o

                  

                	
                  Calendar
                    year data election.

                	 	 	 
	 	
                  (2)

                	
                  1998:

                	
                  
                    o

                  

                	
                  Top
                    paid group election.

                	 	
                  
                    o

                  

                	
                  Calendar
                    year data election.

                
	 	
                  (3)

                	
                  1999:

                	
                  
                    o

                  

                	
                  Top
                    paid group election.

                	 	
                  
                    o

                  

                	
                  Calendar
                    year data election.

                
	 	
                  (4)

                	
                  2000:

                	
                  
                    o

                  

                	
                  Top
                    paid group election.

                	 	
                  
                    o

                  

                	
                  Calendar
                    year data election.

                
	 	
                  (5)

                	
                  2001:

                	
                  
                    o

                  

                	
                  Top
                    paid group election.

                	 	
                  
                    o

                  

                	
                  Calendar
                    year data election.

                
	 	
                  (6)

                	
                  2002:

                	
                  
                    o

                  

                	
                  Top
                    paid group election.

                	 	
                  
                    o

                  

                	
                  Calendar
                    year data election.

                

      

       

      
        	o	
                (b) 401(k)
                  testing methods.
                  The Employer makes the following remedial amendment period elections
                  with
                  respect to the ADP test and the ACP test: [Note:
                  The Employer may use a different testing method for the ADP and
                  ACP tests
                  through the end of
                  the Plan Year in which the Employer executes its GUST restated
                  Plan.]

              

      

      

        
          	 	
                  ADP
                    test

                	
                  ACP
                    test

                
	 	
                  (1)

                	
                  1997:

                	
                  
                    o

                  

                	
                  prior
                    year

                	
                  
                    o

                  

                	
                  current
                    year

                	
                  1997:

                	
                  
                    o

                  

                	
                  prior
                    year

                	
                  
                    o

                  

                	
                  current
                    year

                
	 	
                  (2)

                	
                  1998:

                	
                  
                    o

                  

                	
                  prior
                    year 

                	
                  o

                	
                  current
                    year

                	
                  1998:

                	
                  
                    o

                  

                	
                  prior
                    year

                	
                  
                    o

                  

                	
                  current
                    year

                
	 	
                  (3)

                	
                  1999:

                	
                  
                    o

                  

                	
                  prior
                    year

                	
                  
                    o

                  

                	
                  current
                    year

                	
                  1999:

                	
                  
                    o

                  

                	
                  prior
                    year

                	
                  
                    o

                  

                	
                  current
                    year

                
	 	
                  (4)

                	
                  2000:

                	
                  
                    o

                  

                	
                  prior
                    year

                	
                  
                    o

                  

                	
                  current
                    year

                	
                  2000:

                	
                  
                    o

                  

                	
                  prior
                    year

                	
                  
                    o

                  

                	
                  current
                    year

                
	 	
                  (5)

                	
                  2001:

                	
                  
                    o

                  

                	
                  prior
                    year

                	
                  
                    o

                  

                	
                  current
                    year

                	
                  2001:

                	
                  
                    o

                  

                	
                  prior
                    year

                	
                  
                    
                      o

                    

                  

                	
                  current
                    year

                
	 	
                  (6)

                	
                  2002:

                	
                  
                    o

                  

                	
                  prior
                    year

                	
                  
                    o

                  

                	
                  current
                    year

                	
                  2002:

                	
                  
                    o

                  

                	
                  prior
                    year

                	
                  
                    o

                  

                	
                  current
                    year

                

        

      

       

      
        	o	
                (c) Delayed
                  application of SBJPA required beginning date.
                  The Employer elects to delay the effective date for the required
                  beginning
                  date provision of Plan Section 6.02 until Plan Years beginning
                  after:
                              .

              

      

       

      
        	
                x

              	
                (d) Model
                  Amendment for required minimum distributions.
                  The Employer adopts the IRS Model Amendment in Plan Section 6.02(E)
                  effective       August
                  1, 2002      .
                  [Note: The
                  date must not be earlier than January 1, 2001.]

              

      

      

      Defined
        Benefit Limitation

       

      
        	
                o

              	
                (e) Code
                  §415(e)
                  repeal.
                  The repeal of the Code §415(e)
                  limitation is effective for Limitation Years beginning after             .
                  [Note:
                  If the Employer does not make an election under (e), the repeal
                  is
                  effective for Limitation Years beginning after December 31,
                  1999.]

              

      

      

      Code
        §415(e)
        limitation.
        To the
        extent necessary to satisfy the limitation under Plan Section 3.17 for
        Limitation Years beginning prior to the repeal of Code §415(e),
        the Employer will reduce: (Choose
        one of (f) or (g))

       

      
        	
                o

              	
                (f) The
                  Participant's projected annual benefit under the defined benefit
                  plan.

              

      

       

      
        	
                o

              	
                (g) The
                  Employer's contribution or allocation on behalf of the Participant
                  to the
                  defined contribution plan and then, if necessary, the Participant's
                  projected annual benefit under the defined benefit
                  plan.

              

      

      

      Coordination
        with top-heavy minimum allocation.
        The Plan
        Administrator will apply the top-heavy minimum allocation provisions of Article
        XII with the following modifications: (Choose
        (h) or choose (i) or (j) or both as applicable)

       

      
        	
                o

              	
                (h) No
                  modifications.

              

      

       

      
        	
                o

              	
                (i) For
                  Non-Key Employees participating only in this Plan, the top-heavy
                  minimum
                  allocation is the minimum allocation determined by substituting
                       
                    %
                  (not less than 4%) for “3%,” except: (Choose
                  one of (1) or (2))

              

      

      
        	
              	
                
                  o

                

              	
                (1) No
                  exceptions.

              

      

      
        
          	
                	
                  
                    o

                  

                	
                  (2) Plan
                    Years in which the top-heavy ratio exceeds
                    90%.

                

        

      

       

      
        	
                o

              	
                (j) For
                  Non-Key Employees also participating in the defined benefit plan,
                  the
                  top-heavy minimum is: (Choose
                  one of (1) or (2))

              

      

      
         

        
          	
                	
                  
                    o

                  

                	
                  (1) 5%
                    of Compensation irrespective of the contribution rate of any
                    Key Employee:
                    (Choose
                    one of a. or b.)

                

        

      

      
        
          	
                	
                  
                    o

                  

                	
                  a. No
                    exceptions.

                

        

      

      
        
          	
                	
                  
                    o

                  

                	
                  b. Substituting
                    “7 1/2%” for “5%” if the top-heavy ratio does not exceed
                    90%.

                

        

      

      
        
          	 	
                  
                    o

                  

                	
                  (2) 0%.
                    [Note:
                    The defined benefit plan must satisfy the top-heavy minimum benefit
                    requirement for these Non-Key Employees.]

                

        

      

       

      Actuarial
        assumptions for top-heavy calculation. To
        determine the top-heavy ratio, the Plan Administrator will use the following
        interest rate and mortality assumptions to value accrued benefits under a
        defined benefit plan:             .

       

      
        
          
          

        

        
          20

          
            

          

        

        
          
          

        

      

      CHECKLIST
        OF EMPLOYER INFORMATION

      AND
        EMPLOYER ADMINISTRATIVE ELECTIONS

       

      Commencing
        with the       2002      
        Plan Year

       

      The
        Prototype Plan permits the Employer to make certain administrative elections
        not
        reflected in the Adoption Agreement. This form lists those administrative
        elections and provides a means of recording the Employer's elections.
This
        checklist is not part of the Plan document.

       

      
        	37.	
                Employer
                  Information.

              

      

       

      
        	 	
                Colonial
                  Auto Finance, Inc.  

              
	 	
                [Employer
                  Name]

              

      

      
        
        

         

        
          	 	
                  1501
                    SE Walton Blvd. #213  

                
	 	
                  [Address]

                

        

      

      
        
        

         

        
          	 	
                  Bentonville, Arkansas
                    72712 

                	 	
                  479-464-9944  

                
	 	[City,
                  State and Zip Code]	 	[Telephone
                  Number]

        

      

       

      
        	
                38.

              	
                Form
                  of Business.

              

      

       

      
        
          	 	
                  (a)

                	
                  x

                	
                  Corporation

                	
                  (b)

                	
                  
                    o

                  

                	
                  S
                    Corporation

                
	 	
                  (c)

                	
                  o

                	
                  Limited
                    Liability Company

                	
                  (d)

                	
                  
                    o

                  

                	
                  Sole
                    Proprietorship

                
	 	
                  (e)

                	
                  
                    o

                  

                	
                  Partnership

                	
                  (f)

                	
                  
                    o

                  

                	
                  ________            

                

        

      

       

      
        	
                39.

              	
                Section
                  1.07(F) - Nondiscriminatory
                  definition of Compensation.
                  When testing nondiscrimination under the Plan, the Plan permits
                  the
                  Employer to make elections regarding the definition of Compensation.
                  [Note:
                  This election solely is for purposes of nondiscrimination testing.
                  The
                  election does not affect the Employer's elections under Section
                  1.07 which
                  apply for purposes of allocating Employer contributions and Participant
                  forfeitures.]

              

      

       

      
        	
              	(a)	
                
                  x  The
                    Plan will “gross up” Compensation for Elective
                    Contributions.

                

              

      

       

      
        	
              	(b)	
                
                  o
                     The
                    Plan will exclude Elective
                    Contributions.

                

              

      

       

      
        	
                40.

              	
                Section
                  4.04 - Rollover
                  contributions.

              

      

       

      
        	
              	(a)	
                x  The
                  Plan accepts rollover
                  contributions.

              

      

       

      
        	
              	(b)	
                o  The
                  Plan does not
                  accept rollover contributions.

              

      

       

      
        	
                41.

              	
                Section
                  8.06 - Participant direction of investment/404(c).
                  The Plan authorizes Participant direction of investment with Trustee
                  consent. If the Trustee permits Participant direction of investment,
                  the
                  Employer and the Trustee should adopt a policy which establishes
                  the
                  applicable conditions and limitations, including whether they intend
                  the
                  Plan to comply with ERISA §404(c).

              

      

       

      
        	
              	(a)	
                x  The
                  Plan permits Participant direction of investment and is a 404(c)
                  plan.

              

      

       

      
        	
              	(b)	
                o  The
                  Plan does not
                  permit Participant direction of investment or is a non-404(c)
                  plan.

              

      

       

      
        	
                42.

              	
                Section
                  9.04[A] - Participant loans.
                  The Plan authorizes the Plan Administrator to adopt a written loan
                  policy
                  to permit Participant loans.

              

      

       

      
        	
              	(a)	
                x  The
                  Plan permits Participant loans subject to the following
                  conditions:

              

      

      
        	
              	(1)	
                x  Minimum
                  loan amount: $  1000      .

              

      

      
        	
              	(2)	
                x  Maximum
                  number of outstanding loans:        1      .

              

      

      
        	
              	(3)	
                x  Reasons
                  for which a Participant may request a
                  loan:

              

      

      
        	
              	a.	
                x  Any
                  purpose.

              

      

      
        	
              	b.	
                o  Hardship
                  events.

              

      

      
        	
              	c.	
                o  Other:
                               .

              

      

      
        	
              	(4)	
                x  Suspension
                  of loan repayments:

              

      

      
        	
              	a.	
                o  Not
                  permitted.

              

      

      
        	
              	b.	
                x  Permitted
                  for non-military leave of absence.

              

      

      
        	
              	c.	
                x  Permitted
                  for military service leave of
                  absence.

              

      

      
        	
              	(5)	
                x  The
                  Participant must be a party in
                  interest.

              

      

       

      
        	
              	(b)	
                o  The
                  Plan does not
                  permit Participant loans.

              

      

       

      
        	
                43.

              	
                Section
                  11.01 - Life insurance.
                  The Plan with Employer approval authorizes the Trustee to acquire
                  life
                  insurance.

              

      

       

      
        	
              	(a)	
                o  The
                  Plan will invest in life insurance
                  contracts.

              

      

       

      
        	
              	(b)	
                x  The
                  Plan will not
                  invest in life insurance contracts.

              

      

       

      
        	
                44.

              	
                Surety
                  bond company:              .
                  Surety bond amount:  $          

              

      

      

      
        
          
          

        

        
          21

          
            

          

        

        
          
          

        

      

       

       

       

      EGTRRA

      AMENDMENT
        TO THE 

      

      COLONIAL
        AUTO FINANCE, INC.

      401(K)
        PLAN

       

       

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      ARTICLE
        I

      PREAMBLE

      

      
        	
                1.1

              	
                Adoption
                  and effective date of amendment.
                  This amendment of the plan is adopted to reflect certain provisions
                  of the
                  Economic Growth and Tax Relief Reconciliation Act of 2001 (“EGTRRA”). This
                  amendment is intended as good faith compliance with the requirements
                  of
                  EGTRRA and is to be construed in accordance with EGTRRA and guidance
                  issued thereunder. Except as otherwise provided, this amendment
                  shall be
                  effective as of the first day of the first plan year beginning
                  after
                  December 31, 2001.

              

      

      

      
        	
                1.2

              	
                Supersession
                  of inconsistent provisions.
                  This amendment shall supersede the provisions of the plan to the
                  extent
                  those provisions are inconsistent with the provisions of this
                  amendment.

              

      

      

      ARTICLE
        II

      ADOPTION
        AGREEMENT ELECTIONS

       

      
        

      

       

      The
        questions in this Article II only need to be completed in order to override
        the
        default provisions set forth below. If all of the default provisions will
        apply,
        then these questions should be skipped.

      

      Unless
        the employer elects otherwise in this Article II, the following defaults
        apply:

      
        	
              	1)	
                The
                  vesting schedule for matching contributions will be a 6 year graded
                  schedule (if the plan currently has a graded schedule that does
                  not
                  satisfy EGTRRA) or a 3 year cliff schedule (if the plan currently
                  has a
                  cliff schedule that does not satisfy EGTRRA), and such schedule
                  will apply
                  to all matching contributions (even those made prior to
                  2002).

              

      

      
        	
              	2)	
                Rollovers
                  are automatically excluded in determining whether the $5,000 threshold
                  has
                  been exceeded for automatic cash-outs (if the plan is not subject
                  to the
                  qualified joint and survivor annuity rules and provides for automatic
                  cash-outs). This is applied to all participants regardless of when
                  the
                  distributable event
                  occurred.

              

      

      
        	
              	3)	
                The
                  suspension period after a hardship distribution is made will be
                  6 months
                  and this will only apply to hardship distributions made after
                  2001.

              

      

      
        	
              	4)	
                Catch-up
                  contributions will be
                  allowed.

              

      

      
        	
              	5)	
                For
                  target benefit plans, the increased compensation limit of $200,000
                  will be
                  applied retroactively (i.e., to years prior to
                  2002).

              

      

       

      
        
 

      
        	
                2.1

              	
                Vesting
                  Schedule for Matching
                  Contributions

              

      

      

      If
        there
        are matching contributions subject to a vesting schedule that does not satisfy
        EGTRRA, then unless otherwise elected below, for participants who complete
        an
        hour of service in a plan year beginning after December 31, 2001, the following
        vesting schedule will apply to all matching contributions subject to a vesting
        schedule:

      

      If
        the
        plan has a graded vesting schedule (i.e., the vesting schedule includes a
        vested
        percentage that is more than 0% and less than 100%) the following will
        apply:

      

        
          	
                  Years
                    of vesting service

                	
                  Nonforfeitable
                    percentage

                	
                
	 	
                   

                	 
	
                  2

                	
                  20%

                	 
	
                  3

                	
                  40%

                	 
	
                  4

                	
                  60%

                	 
	
                  5

                	
                  80%

                	 
	
                  6

                	
                  100%

                	 

        

      

      
         

      

      If
        the
        plan does not have a graded vesting schedule, then matching contributions
        will
        be nonforfeitable upon the completion of 3 years of vesting
        service.

      

      In
        lieu
        of the above vesting schedule, the employer elects the following
        schedule: 

      
        
          	               
                  a.	o	
                  3
                    year cliff (a participant's accrued benefit derived from employer
                    matching
                    contributions shall be nonforfeitable upon the participant's
                    completion of
                    three years of vesting
                    service).

                

        

      

      
        	               
                b.	o	
                 6
                  year graded schedule (20% after 2 years of vesting service and
                  an
                  additional 20% for each year
                  thereafter).

              

      

      
        	                c.	o	
                 Other
                  (must be at least as liberal as a. or the b.
                  above):

              

      

       

      
        
          	
                  Years
                    of vesting service

                	
                  Nonforfeitable
                    percentage

                	 
	 	
                   

                	 
	
                  ________

                	
                  _________%

                	 
	
                  ________

                	
                  _________%

                	 
	
                  ________

                	
                  _________%

                	 
	
                  ________

                	
                  _________%

                	 
	
                  ________

                	
                  _________%

                	 

        

         

        
          
            
            

          

          
            1

            
              

            

          

          
            
            

          

        

      

       

      The
        vesting schedule set forth herein shall only apply to participants who complete
        an hour of service in a plan year beginning after December 31, 2001, and,
        unless
        the option below is elected, shall apply to all
        matching
        contributions subject to a vesting schedule.

       

      
        
          
            	              
                    d.	o	
                    The
                      vesting schedule will only apply to matching contributions
                      made in plan
                      years beginning after December 31, 2001 (the prior schedule
                      will apply to
                      matching contributions made in prior plan
                      years).

                  

          

        

         

      

      
        	
                2.2

              	
                Exclusion
                  of Rollovers in Application of Involuntary Cash-out Provisions
                  (for profit
                  sharing and 401(k) plans only). If
                  the plan is not subject to the qualified joint and survivor annuity
                  rules
                  and includes involuntary cash-out provisions, then unless one of
                  the
                  options below is elected, effective for distributions made after
                  December
                  31, 2001, rollover contributions will be excluded in determining
                  the value
                  of the participant’s nonforfeitable account balance for purposes of the
                  plan’s involuntary cash-out rules.

              

      

      
        	 	
                a.

              	
                o

              	
                Rollover
                  contributions will not be excluded.

              

      

      
        	 	
                b.

              	
                o

              	
                Rollover
                  contributions will be excluded only with respect to distributions
                  made
                  after             .
                  (Enter a date no earlier than December 31,
                  2001.)

              

        	 	c.	o 	
                Rollover
                  contributions will only be excluded with respect to participants
                  who
                  separated from service after             .
                  (Enter a date. The date may be earlier than December 31,
                  2001.)

              

         

      

      
        	
                2.3

              	
                Suspension
                  period of hardship distributions.
                  If
                  the plan provides for hardship distributions upon satisfaction
                  of the safe
                  harbor (deemed) standards as set forth in Treas. Reg. Section
                  1.401(k)-1(d)(2)(iv), then, unless the option below is elected,
                  the
                  suspension period following a hardship distribution shall only
                  apply to
                  hardship distributions made after December 31,
                  2001.

              

      

      
        	
              	o	
                With
                  regard to hardship distributions made during 2001, a participant
                  shall be
                  prohibited from making elective deferrals and employee contributions
                  under
                  this and all other plans until the later of January 1, 2002, or
                  6 months
                  after receipt of the distribution.

              

      

      

      
        	
                2.4

              	
                Catch-up
                  contributions (for 401(k) profit sharing plans only):
                  The plan permits catch-up contributions (Article VI) unless the
                  option
                  below is elected. 

              

      

      
        	
              	o	
                The
                  plan does not permit catch-up contributions to be
                  made.

              

      

      

      
        	
                2.5

              	
                For
                  target benefit plans only:
                  The increased compensation limit ($200,000 limit) shall apply to
                  years
                  prior to 2002 unless the option below is
                  elected.

              

      

      
        	
              	o	
                The
                  increased compensation limit will not apply to years prior to
                  2002.

              

      

      

      ARTICLE
        III

      VESTING
        OF MATCHING CONTRIBUTIONS

      

      
        	
                3.1

              	
                Applicability.
                  This Article shall apply to participants who complete an Hour of
                  Service
                  after December 31, 2001, with respect to accrued benefits derived
                  from
                  employer matching contributions made in plan years beginning after
                  December 31, 2001. Unless otherwise elected by the employer in
                  Section 2.1
                  above, this Article shall also apply to all such participants with
                  respect
                  to accrued benefits derived from employer matching contributions
                  made in
                  plan years beginning prior to January 1,
                  2002.

              

      

      

      
        	
                3.2

              	
                Vesting
                  schedule.
                  A
                  participant’s accrued benefit derived from employer matching contributions
                  shall vest as provided in Section 2.1 of this
                  amendment.

              

      

      

      ARTICLE
        IV

      INVOLUNTARY
        CASH-OUTS

      

      
        	
                4.1

              	
                Applicability
                  and effective date.
                  If the plan provides for involuntary cash-outs of amounts less
                  than
                  $5,000, then unless otherwise elected in Section 2.2 of this amendment,
                  this Article shall apply for distributions made after December
                  31, 2001,
                  and shall apply to all participants. However, regardless of the
                  preceding,
                  this Article shall not apply if the plan is subject to the qualified
                  joint
                  and survivor annuity requirements of Sections 401(a)(11) and 417
                  of the
                  Code.

              

      

      

      
        	
                4.2

              	
                Rollovers
                  disregarded in determining value of account balance for involuntary
                  distributions.
                  For purposes of the Sections of the plan that provide for the involuntary
                  distribution of vested accrued benefits of $5,000 or less, the
                  value of a
                  participant’s nonforfeitable account balance shall be determined without
                  regard to that portion of the account balance that is attributable
                  to
                  rollover contributions (and earnings allocable thereto) within
                  the meaning
                  of Sections 402(c), 403(a)(4), 403(b)(8), 408(d)(3)(A)(ii), and
                  457(e)(16)
                  of the Code. If the value of the participant’s nonforfeitable account
                  balance as so determined is $5,000 or less, then the plan shall
                  immediately distribute the participant’s entire nonforfeitable account
                  balance.

              

      

      

      ARTICLE
        V

      HARDSHIP
        DISTRIBUTIONS

      

      
        	
                5.1

              	
                Applicability
                  and effective date.
                  If the plan provides for hardship distributions upon satisfaction
                  of the
                  safe harbor (deemed) standards as set forth in Treas. Reg. Section
                  1.401(k)-1(d)(2)(iv), then this Article shall apply for calendar
                  years
                  beginning after 2001.

              

      

      

      
        	
                5.2

              	
                Suspension
                  period following hardship distribution.
                  A
                  participant who receives a distribution of elective deferrals after
                  December 31, 2001, on account of hardship shall be prohibited from
                  making
                  elective deferrals and employee contributions under this and all
                  other
                  plans of the employer for 6 months after receipt of the distribution.
                  Furthermore, if elected by the employer in Section 2.3 of this
                  amendment,
                  a participant who receives a distribution of elective deferrals
                  in
                  calendar year 2001 on account of hardship shall be prohibited from
                  making
                  elective deferrals and employee contributions under this and all
                  other
                  plans until the later of January 1, 2002, or 6 months after receipt
                  of the
                  distribution.

              

      

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      ARTICLE
        VI

      CATCH-UP
        CONTRIBUTIONS

      

      Catch-up
        Contributions.
        Unless
        otherwise elected in Section 2.4 of this amendment, all employees who are
        eligible to make elective deferrals under this plan and who have attained
        age 50
        before the close of the plan year shall be eligible to make catch-up
        contributions in accordance with, and subject to the limitations of, Section
        414(v) of the Code. Such catch-up contributions shall not be taken into account
        for purposes of the provisions of the plan implementing the required limitations
        of Sections 402(g) and 415 of the Code. The plan shall not be treated as
        failing
        to satisfy the provisions of the plan implementing the requirements of Section
        401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable,
        by
        reason of the making of such catch-up contributions.

      

      ARTICLE
        VII

      INCREASE
        IN COMPENSATION LIMIT

      

      Increase
        in Compensation Limit.
        The
        annual compensation of each participant taken into account in determining
        allocations for any plan year beginning after December 31, 2001, shall not
        exceed $200,000, as adjusted for cost-of-living increases in accordance with
        Section 401(a)(17)(B) of the Code. Annual compensation means compensation
        during
        the plan year or such other consecutive 12-month period over which compensation
        is otherwise determined under the plan (the determination period). If this
        is a
        target benefit plan, then except as otherwise elected in Section 2.5 of this
        amendment, for purposes of determining benefit accruals in a plan year beginning
        after December 31, 2001, compensation for any prior determination period
        shall
        be limited to $200,000. The cost-of-living adjustment in effect for a calendar
        year applies to annual compensation for the determination period that begins
        with or within such calendar year.

      

      ARTICLE
        VIII

      PLAN
        LOANS

      

      Plan
        loans for owner-employees or shareholder-employees.
        If the
        plan permits loans to be made to participants, then effective for plan loans
        made after December 31, 2001, plan provisions prohibiting loans to any
        owner-employee or shareholder-employee shall cease to apply.

      

      ARTICLE
        IX

      LIMITATIONS
        ON CONTRIBUTIONS (IRC SECTION 415 LIMITS)

      

      
        	
                9.1

              	
                Effective
                  date.
                  This Section shall be effective for limitation years beginning
                  after
                  December 31, 2001.

              

      

      

      
        	
                9.2

              	
                Maximum
                  annual addition.
                  Except to the extent permitted under Article VI of this amendment
                  and
                  Section 414(v) of the Code, if applicable, the annual addition
                  that may be
                  contributed or allocated to a participant’s account under the plan for any
                  limitation year shall not exceed the lesser
                  of:

              

      

      

      
        	
              	a.	
                $40,000,
                  as adjusted for increases in the cost-of-living under Section 415(d)
                  of
                  the Code, or

              

      

      

      
        	 	
                b.

              	
                100
                  percent of the participant’s compensation, within the meaning of Section
                  415(c)(3) of the Code, for the limitation
                  year.

              

      

      

      The
        compensation limit referred to in b. shall not apply to any contribution
        for
        medical benefits after separation from service (within the meaning of Section
        401(h) or Section 419A(f)(2) of the Code) which is otherwise treated as an
        annual addition.

      

      ARTICLE
        X

      MODIFICATION
        OF TOP-HEAVY RULES

      

      
        	
                10.1

              	
                Effective
                  date.
                  This Article shall apply for purposes of determining whether the
                  plan is a
                  top-heavy plan under Section 416(g) of the Code for plan years
                  beginning
                  after December 31, 2001, and whether the plan satisfies the minimum
                  benefits requirements of Section 416(c) of the Code for such years.
                  This
                  Article amends the top-heavy provisions of the
                  plan.

              

      

      

      
        	
                10.2

              	
                Determination
                  of top-heavy status.

              

      

      

      
        	
                10.2.1

              	
                Key
                  employee.
                  Key employee means any employee or former employee (including any
                  deceased
                  employee) who at any time during the plan year that includes the
                  determination date was an officer of the employer having annual
                  compensation greater than $130,000 (as adjusted under Section 416(i)(1)
                  of
                  the Code for plan years beginning after December 31, 2002), a 5-percent
                  owner of the employer, or a 1-percent owner of the employer having
                  annual
                  compensation of more than $150,000. For this purpose, annual compensation
                  means compensation within the meaning of Section 415(c)(3) of the
                  Code.
                  The determination of who is a key employee will be made in accordance
                  with
                  Section 416(i)(1) of the Code and the applicable regulations and
                  other
                  guidance of general applicability issued
                  thereunder.

              

      

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      
        	
                10.2.2

              	
                Determination
                  of present values and amounts.
                  This Section 10.2.2 shall apply for purposes of determining the
                  present
                  values of accrued benefits and the amounts of account balances
                  of
                  employees as of the determination
                  date.

              

      

      

      
        	 	
                a.

              	
                Distributions
                  during year ending on the determination date.
                  The present values of accrued benefits and the amounts of account
                  balances
                  of an employee as of the determination date shall be increased
                  by the
                  distributions made with respect to the employee under the plan
                  and any
                  plan aggregated with the plan under Section 416(g)(2) of the Code
                  during
                  the 1-year period ending on the determination date. The preceding
                  sentence
                  shall also apply to distributions under a terminated plan which,
                  had it
                  not been terminated, would have been aggregated with the plan under
                  Section 416(g)(2)(A)(i) of the Code. In the case of a distribution
                  made
                  for a reason other than separation from service, death, or disability,
                  this provision shall be applied by substituting “5-year period” for
                  “1-year period.”

              

      

      

      
        	 	
                b.

              	
                Employees
                  not performing services during year ending on the determination
                  date.
                  The accrued benefits and accounts of any individual who has not
                  performed
                  services for the employer during the 1-year period ending on the
                  determination date shall not be taken into
                  account.

              

      

      

      
        	
                10.3

              	
                Minimum
                  benefits.

              

      

      

      
        	
                10.3.1

              	
                Matching
                  contributions.
                  Employer matching contributions shall be taken into account for
                  purposes
                  of satisfying the minimum contribution requirements of Section
                  416(c)(2)
                  of the Code and the plan. The preceding sentence shall apply with
                  respect
                  to matching contributions under the plan or, if the plan provides
                  that the
                  minimum contribution requirement shall be met in another plan,
                  such other
                  plan. Employer matching contributions that are used to satisfy
                  the minimum
                  contribution requirements shall be treated as matching contributions
                  for
                  purposes of the actual contribution percentage test and other requirements
                  of Section 401(m) of the Code.

              

      

      

      
        	
                10.3.2

              	
                Contributions
                  under other plans.
                  The employer may provide, in an addendum to this amendment, that
                  the
                  minimum benefit requirement shall be met in another plan (including
                  another plan that consists solely of a cash or deferred arrangement
                  which
                  meets the requirements of Section 401(k)(12) of the Code and matching
                  contributions with respect to which the requirements of Section
                  401(m)(11)
                  of the Code are met). The addendum should include the name of the
                  other
                  plan, the minimum benefit that will be provided under such other
                  plan, and
                  the employees who will receive the minimum benefit under such other
                  plan.

              

      

      

      ARTICLE
        XI

      DIRECT
        ROLLOVERS

      

      
        	
                11.1

              	
                Effective
                  date.
                  This Article shall apply to distributions made after December 31,
                  2001.

              

      

      

      
        	
                11.2

              	
                Modification
                  of definition of eligible retirement plan.
                  For purposes of the direct rollover provisions of the plan, an
                  eligible
                  retirement plan shall also mean an annuity contract described in
                  Section
                  403(b) of the Code and an eligible plan under Section 457(b) of
                  the Code
                  which is maintained by a state, political subdivision of a state,
                  or any
                  agency or instrumentality of a state or political subdivision of
                  a state
                  and which agrees to separately account for amounts transferred
                  into such
                  plan from this plan. The definition of eligible retirement plan
                  shall also
                  apply in the case of a distribution to a surviving spouse, or to
                  a spouse
                  or former spouse who is the alternate payee under a qualified domestic
                  relation order, as defined in Section 414(p) of the
                  Code.

              

      

      

      
        	
                11.3

              	
                Modification
                  of definition of eligible rollover distribution to exclude hardship
                  distributions.
                  For purposes of the direct rollover provisions of the plan, any
                  amount
                  that is distributed on account of hardship shall not be an eligible
                  rollover distribution and the distributee may not elect to have
                  any
                  portion of such a distribution paid directly to an eligible retirement
                  plan.

              

      

      

      
        	
                11.4

              	
                Modification
                  of definition of eligible rollover distribution to include after-tax
                  employee contributions.
                  For purposes of the direct rollover provisions in the plan, a portion
                  of a
                  distribution shall not fail to be an eligible rollover distribution
                  merely
                  because the portion consists of after-tax employee contributions
                  which are
                  not includible in gross income. However, such portion may be transferred
                  only to an individual retirement account or annuity described in
                  Section
                  408(a) or (b) of the Code, or to a qualified defined contribution
                  plan
                  described in Section 401(a) or 403(a) of the Code that agrees to
                  separately account for amounts so transferred, including separately
                  accounting for the portion of such distribution which is includible
                  in
                  gross income and the portion of such distribution which is not
                  so
                  includible.

              

      

      

      ARTICLE
        XII

      ROLLOVERS
        FROM OTHER PLANS

      

      Rollovers
        from other plans.
        The
        employer, operationally and on a nondiscriminatory basis, may limit the source
        of rollover contributions that may be accepted by this plan.

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

      

      ARTICLE
        XIII

      REPEAL
        OF MULTIPLE USE TEST

      

      Repeal
        of Multiple Use Test.
        The
        multiple use test described in Treasury Regulation Section 1.401(m)-2 and
        the
        plan shall not apply for plan years beginning after December 31,
        2001.

      

      ARTICLE
        XIV

      ELECTIVE
        DEFERRALS

      

      
        	
                14.1

              	
                Elective
                  Deferrals - Contribution Limitation.
                  No participant shall be permitted to have elective deferrals made
                  under
                  this plan, or any other qualified plan maintained by the employer
                  during
                  any taxable year, in excess of the dollar limitation contained
                  in Section
                  402(g) of the Code in effect for such taxable year, except to the
                  extent
                  permitted under Article VI of this amendment and Section 414(v)
                  of the
                  Code, if applicable.

              

      

      

      
        	
                14.2

              	
                Maximum
                  Salary Reduction Contributions for SIMPLE plans.
                  If this is a SIMPLE 401(k) plan, then except to the extent permitted
                  under
                  Article VI of this amendment and Section 414(v) of the Code, if
                  applicable, the maximum salary reduction contribution that can
                  be made to
                  this plan is the amount determined under Section 408(p)(2)(A)(ii)
                  of the
                  Code for the calendar year.

              

      

       

      ARTICLE
        XV

      SAFE
        HARBOR PLAN PROVISIONS

      

      Modification
        of Top-Heavy Rules.
        The
        top-heavy requirements of Section 416 of the Code and the plan shall not
        apply
        in any year beginning after December 31, 2001, in which the plan consists
        solely
        of a cash or deferred arrangement which meets the requirements of Section
        401(k)(12) of the Code and matching contributions with respect to which the
        requirements of Section 401(m)(11) of the Code are met.

      

      ARTICLE
        XVI

      DISTRIBUTION
        UPON SEVERANCE OF EMPLOYMENT

      

      
        	
                16.1

              	
                Effective
                  date.
                  This Article shall apply for distributions and transactions made
                  after
                  December 31, 2001, regardless of when the severance of employment
                  occurred.

              

      

      

      
        	
                16.2

              	
                New
                  distributable event.
                  A
                  participant’s elective deferrals, qualified nonelective contributions,
                  qualified matching contributions, and earnings attributable to
                  these
                  contributions shall be distributed on account of the participant’s
                  severance from employment. However, such a distribution shall be
                  subject
                  to the other provisions of the plan regarding distributions, other
                  than
                  provisions that require a separation from service before such amounts
                  may
                  be distributed.

              

      

      

      This
        amendment has been executed this _________________ day of
        ______________________________, ________.

      

      Name
        of
        Employer:     
        Colonial Auto Finance, Inc.      

      

      By:
        ________________________________________ 

        
 EMPLOYER
        

      

      Name
        of
        Plan: Colonial
        Auto Finance, Inc. 401(k) Plan

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

       

       

      POST-EGTRRA

      AMENDMENT
        TO THE

      

      COLONIAL
        AUTO FINANCE, INC.

      401(K)
        PLAN

       

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      ARTICLE
        I

      PREAMBLE

      

      
        	1.1	
                Adoption
                  and effective date of amendment.
                  This amendment of the plan is adopted to reflect certain provisions
                  of the
                  Economic Growth and Tax Relief Reconciliation Act of 2001 (“EGTRRA”), the
                  Job Creation and Worker Assistance Act of 2002, IRS Regulations
                  issued
                  pursuant to IRC §401(a)(9), and other IRS guidance. This amendment is
                  intended as good faith compliance with the requirements of EGTRRA
                  and is
                  to be construed in accordance with EGTRRA and guidance issued thereunder.
                  Except as otherwise provided, this amendment shall be effective
                  as of the
                  first day of the first plan year beginning after December 31,
                  2001.

              

      

      

      
        	1.2	
                Supersession
                  of inconsistent provisions.
                  This amendment shall supersede the provisions of the plan to the
                  extent
                  those provisions are inconsistent with the provisions of this
                  amendment.

              

      

      

      
        	1.3	
                Adoption
                  by prototype sponsor.
                  Except as otherwise provided herein, pursuant to Section 5.01 of
                  Revenue
                  Procedure 2000-20, the sponsor hereby adopts this amendment on
                  behalf of
                  all adopting employers.

              

      

      

      ARTICLE
        II

      ADOPTION
        AGREEMENT ELECTIONS

      

      The
        questions in this Article II only need to be completed in order to override
        the
        default provisions set forth below. If all of the default provisions will
        apply,
        then these questions should be skipped.

      

      Unless
        the employer elects otherwise in this Article II, the following defaults
        apply:

      

      
        	 	
                1.

              	
                If
                  catch-up contributions are permitted, then the catch-up contributions
                  are
                  treated like any other elective deferrals for purposes of determining
                  matching contributions under the plan.

              

      

      

      
        	 	
                2.

              	
                For
                  plans subject to the qualified joint and survivor annuity rules,
                  rollovers
                  are automatically excluded in determining whether the $5,000 threshold
                  has
                  been exceeded for automatic cash-outs (if the plan provides for
                  automatic
                  cash-outs). This is applied to all participants regardless of when
                  the
                  distributable event
                  occurred.

              

      

      

      
        	 	
                3.

              	
                The
                  minimum distribution requirements are effective for distribution
                  calendar
                  years beginning with the 2002 calendar year. In addition, participants
                  or
                  beneficiaries may elect on an individual basis whether the 5-year
                  rule or
                  the life expectancy rule in the plan applies to distributions after
                  the
                  death of a participant who has a designated
                  beneficiary.

              

      

      

      
        	 	
                4.

              	
                Amounts
                  that are “deemed 125 compensation” are not included in the definition of
                  compensation.

              

      

      

      
        	
                2.1

              	
                Exclusion
                  of Rollovers in Application of Involuntary Cash-out Provisions.
                  If
                  the plan is subject to the joint and survivor annuity rules and
                  includes
                  involuntary cash-out provisions, then unless one of the options
                  below is
                  elected, effective for distributions made after December 31, 2001,
                  rollover contributions will be excluded in determining the value
                  of a
                  participant’s nonforfeitable account balance for purposes of the plan’s
                  involuntary cash-out rules.

              

      

      
        	 	
                a.

              	
                o

              	
                Rollover
                  contributions will not be excluded.

              

      

      
        	 	
                b.

              	
                o

              	
                Rollover
                  contributions will be excluded only with respect to distributions
                  made
                  after       
                  (Enter a date no earlier than December 31,
                  2001).

              

      

      
        	 	
                c.

              	
                o

              	
                Rollover
                  contributions will only be excluded with respect to participants
                  who
                  separated from service after       .
                  (Enter a date. The date may be earlier than December 31,
                  2001.)

              

      

      

      
        	
                2.2

              	
                Catch-up
                  contributions (for 401(k) profit sharing plans only):
                  The plan permits catch-up contributions effective for calendar
                  years
                  beginning after December 31, 2001, (Article V) unless otherwise
                  elected
                  below.

              

      

      
        	 	
                a.

              	
                o

              	
                The
                  plan does not permit catch-up contributions to be
                  made.

              

      

      
        	 	
                b.

              	
                o

              	
                Catch-up
                  contributions are permitted effective as of:       
                  (enter a date no earlier than January 1,
                  2002).

              

      

      

      And,
        catch-up
        contributions will be taken into account in applying any matching contribution
        under the Plan unless otherwise elected below.

      
        	 	
                c.

              	
                o

              	
                Catch-up
                  contributions will not be taken into account in applying any matching
                  contribution under the Plan.

              

      

      

      
        	2.3	
                Amendment
                  for Section 401(a)(9) Final and Temporary Treasury
                  Regulations.

              

      

      

      
        	
              	a.	
                Effective
                  date.
                  Unless a later effective date is specified in below, the provisions
                  of
                  Article VI of this amendment will apply for purposes of determining
                  required minimum distributions for calendar years beginning with
                  the 2002
                  calendar year.

              

      

      

      
        	
              	o	
                This
                  amendment applies for purposes of determining required minimum
                  distributions for distribution calendar years beginning with the
                  2003
                  calendar year, as well as required minimum distributions for the
                  2002
                  distribution calendar year that are made on or after       
                  (leave blank if this amendment does not apply to any minimum distributions
                  for the 2002 distribution calendar
                  year).

              

      

      

      
        
          
          

        

        
          1

          
            

          

        

        
          
          

        

      

       

      
        	
              	b.	
                Election
                  to not permit Participants or Beneficiaries to Elect 5-Year
                  Rule.

              

      

      

      Unless
        elected below, Participants or beneficiaries may elect on an individual basis
        whether the 5-year rule or the life expectancy rule in Sections 6.2.2 and
        6.4.2
        of this amendment applies to distributions after the death of a Participant
        who
        has a designated beneficiary. The election must be made no later than the
        earlier of September 30 of the calendar year in which distribution would
        be
        required to begin under Section 6.2.2 of this amendment, or by September
        30 of
        the calendar year which contains the fifth anniversary of the Participant’s (or,
        if applicable, surviving spouse’s) death. If neither the Participant nor
        beneficiary makes an election under this paragraph, distributions will be
        made
        in accordance with Sections 6.2.2 and 6.4.2 of this amendment and, if
        applicable, the elections in Section 2.3.c of this amendment below.

      

      
        	 	
                o

              	
                The
                  provision set forth above in this Section 2.3.b shall not apply.
                  Rather,
                  Sections 6.2.2 and 6.4.2 of this amendment shall apply except as
                  elected
                  in Section 2.3.c of this amendment below.

              

      

      

      
        	
              	c.	
                Election
                  to Apply 5-Year Rule to Distributions to Designated
                  Beneficiaries.

              

      

      

      
        	 	
                o

              	
                If
                  the Participant dies before distributions begin and there is a
                  designated
                  beneficiary, distribution to the designated beneficiary is not
                  required to
                  begin by the date specified in the Plan, but the Participant’s entire
                  interest will be distributed to the designated beneficiary by December
                  31
                  of the calendar year containing the fifth anniversary of the Participant’s
                  death. If the Participant’s surviving spouse is the Participant’s sole
                  designated beneficiary and the surviving spouse dies after the
                  Participant
                  but before distributions to either the Participant or the surviving
                  spouse
                  begin, this election will apply as if the surviving spouse were
                  the
                  Participant.

              

      

      

      
        	 	 	
                If
                  the above is elected, then this election will apply
                  to:

              

      

      

      
        	
              	1.	
                o
All
                  distributions.

              

      

      

      
        	
              	2.	
                o
The
                  following distributions:         .

              

      

       

      
        	
              	d.	
                Election
                  to Allow Designated Beneficiary Receiving Distributions Under 5-Year
                  Rule
                  to Elect Life Expectancy
                  Distributions.

              

      

      

      
        	 	
                o

              	
                A
                  designated beneficiary who is receiving payments under the 5-year
                  rule may
                  make a new election to receive payments under the life expectancy
                  rule
                  until December 31, 2003, provided that all amounts that would have
                  been
                  required to be distributed under the life expectancy rule for all
                  distribution calendar years before 2004 are distributed by the
                  earlier of
                  December 31, 2003, or the end of the 5-year
                  period.

              

      

      

      
        	
                2.4

              	
                Deemed
                  125 Compensation. Article
                  VII of this amendment shall not apply unless otherwise elected
                  below.

              

      

      

      
        	 	
                o

              	
                Article
                  VII of this amendment (Deemed 125 Compensation) shall apply effective
                  as
                  of Plan Years and Limitation Years beginning on or after         
                  (insert the later of January 1, 1998, or the first day of the first
                  plan
                  year the Plan used this
                  definition).

              

      

      

      ARTICLE
        III

      INVOLUNTARY
        CASH-OUTS

      

      
        	
                3.1

              	
                Applicability
                  and effective date.
                  If the plan is subject to the qualified joint and survivor annuity
                  rules
                  and provides for involuntary cash-outs of amounts less than $5,000,
                  then
                  unless otherwise elected in Section 2.1 of this amendment, this
                  Article
                  shall apply for distributions made after December 31, 2001, and
                  shall
                  apply to all participants. 

              

      

      

      
        	
                3.2

              	
                Rollovers
                  disregarded in determining value of account balance for involuntary
                  distributions.
                  For purposes of the Sections of the plan that provide for the involuntary
                  distribution of vested accrued benefits of $5,000 or less, the
                  value of a
                  participant’s nonforfeitable account balance shall be determined without
                  regard to that portion of the account balance that is attributable
                  to
                  rollover contributions (and earnings allocable thereto) within
                  the meaning
                  of Sections 402(c), 403(a)(4), 403(b)(8), 408(d)(3)(A)(ii), and
                  457(e)(16)
                  of the Code. If the value of the participant’s nonforfeitable account
                  balance as so determined is $5,000 or less, then the plan shall
                  immediately distribute the participant’s entire nonforfeitable account
                  balance.

              

      

      

      ARTICLE
        IV

      HARDSHIP
        DISTRIBUTIONS

      

      Reduction
        of Section 402(g) of the Code following hardship distribution.
        If the
        plan provides for hardship distributions upon satisfaction of the safe harbor
        (deemed) standards as set forth in Treas. Reg. Section 1.401(k)-1(d)(2)(iv),
        then effective as of the date the elective deferral suspension period is
        reduced
        from 12 months to 6 months pursuant to EGTRRA, there shall be no reduction
        in
        the maximum amount of elective deferrals that a Participant may make pursuant
        to
        Section 402(g) of the Code solely because of a hardship distribution made
        by
        this plan or any other plan of the Employer.

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

      

      ARTICLE
        V

      CATCH-UP
        CONTRIBUTIONS

      

      Catch-up
        Contributions.
        Unless
        otherwise elected in Section 2.2 of this amendment, effective for calendar
        years
        beginning after December 31, 2001, all employees who are eligible to make
        elective deferrals under this plan and who have attained age 50 before the
        close
        of the calendar year shall be eligible to make catch-up contributions in
        accordance with, and subject to the limitations of, Section 414(v) of the
        Code.
        Such catch-up contributions shall not be taken into account for purposes
        of the
        provisions of the plan implementing the required limitations of Sections
        402(g)
        and 415 of the Code. The plan shall not be treated as failing to satisfy
        the
        provisions of the plan implementing the requirements of Sections 401(k)(3),
        401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason
        of
        the making of such catch-up contributions.

      

      If
        elected in Section 2.2, catch-up contributions shall not be treated as elective
        deferrals for purposes of applying any Employer matching contributions under
        the
        plan. 

      

      ARTICLE
        VI

      REQUIRED
        MINIMUM DISTRIBUTIONS

      

      
        	6.1	
                GENERAL
                  RULES

              

      

      

      
        	
                6.1.1

              	
                Effective
                  Date.
                  Unless a later effective date is specified in Section 2.3.a of
                  this
                  amendment, the provisions of this amendment will apply for purposes
                  of
                  determining required minimum distributions for calendar years beginning
                  with the 2002 calendar year.

              

      

       

      
        	
                6.1.2

              	
                Coordination
                  with Minimum Distribution Requirements Previously in
                  Effect.
                  If the effective date of this amendment is earlier than calendar
                  years
                  beginning with the 2003 calendar year, required minimum distributions
                  for
                  2002 under this amendment will be determined as follows. If the
                  total
                  amount of 2002 required minimum distributions under the Plan made
                  to the
                  distributee prior to the effective date of this amendment equals
                  or
                  exceeds the required minimum distributions determined under this
                  amendment, then no additional distributions will be required to
                  be made
                  for 2002 on or after such date to the distributee. If the total
                  amount of
                  2002 required minimum distributions under the Plan made to the
                  distributee
                  prior to the effective date of this amendment is less than the
                  amount
                  determined under this amendment, then required minimum distributions
                  for
                  2002 on and after such date will be determined so that the total
                  amount of
                  required minimum distributions for 2002 made to the distributee
                  will be
                  the amount determined under this
                  amendment.

              

      

      

      
        	
                6.1.3

              	
                Precedence.
                  The requirements of this amendment will take precedence over any
                  inconsistent provisions of the
                  Plan.

              

      

      

      
        	
                6.1.4

              	
                Requirements
                  of Treasury Regulations Incorporated.
                  All distributions required under this amendment will be determined
                  and
                  made in accordance with the Treasury regulations under Section
                  401(a)(9)
                  of the Internal Revenue Code.

              

      

      

      
        	
                6.1.5

              	
                TEFRA
                  Section 242(b)(2) Elections.
                  Notwithstanding the other provisions of this amendment, distributions
                  may
                  be made under a designation made before January 1, 1984, in accordance
                  with Section 242(b)(2) of the Tax Equity and Fiscal Responsibility
                  Act
                  (TEFRA) and the provisions of the Plan that relate to Section 242(b)(2)
                  of
                  TEFRA.

              

      

      

      
        	6.2	
                TIME
                  AND MANNER OF DISTRIBUTION

              

      

      

      
        	
                6.2.1

              	
                Required
                  Beginning Date.
                  The Participant’s entire interest will be distributed, or begin to be
                  distributed, to the Participant no later than the Participant’s required
                  beginning date.

              

      

      

      
        	
                6.2.2

              	
                Death
                  of Participant Before Distributions Begin.
                  If the Participant dies before distributions begin, the Participant’s
                  entire interest will be distributed, or begin to be distributed,
                  no later
                  than as follows:

              

      

      

      (a) If
        the
        Participant’s surviving spouse is the Participant’s sole designated beneficiary,
        then, except as provided in Article VI, distributions to the surviving spouse
        will begin by December 31 of the calendar year immediately following the
        calendar year in which the Participant died, or by December 31 of the calendar
        year in which the Participant would have attained age 70 1/2, if
        later.

      

      (b) If
        the
        Participant’s surviving spouse is not the Participant’s sole designated
        beneficiary, then, except as provided in Section 2.3 of this amendment,
        distributions to the designated beneficiary will begin by December 31 of
        the
        calendar year immediately following the calendar year in which the Participant
        died.

      

      (c) If
        there
        is no designated beneficiary as of September 30 of the year following the
        year
        of the Participant’s death, the Participant’s entire interest will be
        distributed by December 31 of the calendar year containing the fifth anniversary
        of the Participant’s death.

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

      

      (d) If
        the
        Participant’s surviving spouse is the Participant’s sole designated beneficiary
        and the surviving spouse dies after the Participant but before distributions
        to
        the surviving spouse begin, this Section 6.2.2, other than Section 6.2.2(a),
        will apply as if the surviving spouse were the Participant.

      

      For
        purposes of this Section 6.2.2 and Section 2.3, unless Section 6.2.2(d) applies,
        distributions are considered to begin on the Participant’s required beginning
        date. If Section 6.2.2(d) applies, distributions are considered to begin
        on the
        date distributions are required to begin to the surviving spouse under Section
        6.2.2(a). If distributions under an annuity purchased from an insurance company
        irrevocably commence to the Participant before the Participant’s required
        beginning date (or to the Participant’s surviving spouse before the date
        distributions are required to begin to the surviving spouse under Section
        6.2.2(a)), the date distributions are considered to begin is the date
        distributions actually commence.

      

      
        	
                6.2.3

              	
                Forms
                  of Distribution.
                  Unless the Participant’s interest is distributed in the form of an annuity
                  purchased from an insurance company or in a single sum on or before
                  the
                  required beginning date, as of the first distribution calendar
                  year
                  distributions will be made in accordance with Sections 6.3 and
                  6.4 of this
                  amendment. If the Participant’s interest is distributed in the form of an
                  annuity purchased from an insurance company, distributions thereunder
                  will
                  be made in accordance with the requirements of Section 401(a)(9)
                  of the
                  Code and the Treasury regulations.

              

      

      

      
        	6.3	
                REQUIRED
                  MINIMUM DISTRIBUTIONS DURING PARTICIPANT’S LIFETIME
                  

              

      

      

      
        	
                6.3.1

              	
                Amount
                  of Required Minimum Distribution For Each Distribution Calendar
                  Year.
                  During the Participant’s lifetime, the minimum amount that will be
                  distributed for each distribution calendar year is the lesser
                  of:

              

      

      

      (a) the
        quotient obtained by dividing the Participant’s account balance by the
        distribution period in the Uniform Lifetime Table set forth in Section
        1.401(a)(9)-9 of the Treasury regulations, using the Participant’s age as of the
        Participant’s birthday in the distribution calendar year; or

      

      (b) if
        the
        Participant’s sole designated beneficiary for the distribution calendar year is
        the Participant’s spouse, the quotient obtained by dividing the Participant’s
        account balance by the number in the Joint and Last Survivor Table set forth
        in
        Section 1.401(a)(9)-9 of the Treasury regulations, using the Participant’s and
        spouse’s attained ages as of the Participant’s and spouse’s birthdays in the
        distribution calendar year.

      

      
        	
                6.3.2

              	
                Lifetime
                  Required Minimum Distributions Continue Through Year of Participant’s
                  Death.
                  Required minimum distributions will be determined under this Section
                  6.3
                  beginning with the first distribution calendar year and up to and
                  including the distribution calendar year that includes the Participant’s
                  date of death.

              

      

      

      
        	6.4	
                REQUIRED
                  MINIMUM DISTRIBUTIONS AFTER PARTICIPANT’S
                  DEATH

              

      

      

      
        	6.4.1	
                Death
                  On or After Date Distributions Begin.

              

      

      

      (a) Participant
        Survived by Designated Beneficiary.
        If the
        Participant dies on or after the date distributions begin and there is a
        designated beneficiary, the minimum amount that will be distributed for each
        distribution calendar year after the year of the Participant’s death is the
        quotient obtained by dividing the Participant’s account balance by the longer of
        the remaining life expectancy of the Participant or the remaining life
        expectancy of the Participant’s designated beneficiary, determined as
        follows:

      

      (1) The
        Participant’s remaining life expectancy is calculated using the age of the
        Participant in the year of death, reduced by one for each subsequent
        year.

       

      (2) If
        the
        Participant’s surviving spouse is the Participant’s sole designated beneficiary,
        the remaining life expectancy of the surviving spouse is calculated for each
        distribution calendar year after the year of the Participant’s death using the
        surviving spouse’s age as of the spouse’s birthday in that year. For
        distribution calendar years after the year of the surviving spouse’s death, the
        remaining life expectancy of the surviving spouse is calculated using the
        age of
        the surviving spouse as of the spouse’s birthday in the calendar year of the
        spouse’s death, reduced by one for each subsequent calendar year.

      

      (3) If
        the
        Participant’s surviving spouse is not the Participant’s sole designated
        beneficiary, the designated beneficiary’s remaining life expectancy is
        calculated using the age of the beneficiary in the year following the year
        of
        the Participant’s death, reduced by one for each subsequent year.

      

      (b) No
        Designated Beneficiary.
        If the
        Participant dies on or after the date distributions begin and there is no
        designated beneficiary as of September 30 of the year after the year of the
        Participant’s death, the minimum amount that will be distributed for each
        distribution calendar year after the year of the Participant’s death is the
        quotient obtained by dividing the Participant’s account balance by the
        Participant’s remaining life expectancy calculated using the age of the
        Participant in the year of death, reduced by one for each subsequent
        year.

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

      

      
        	6.4.2	
                Death
                  Before Date Distributions Begin.

              

      

      

      (a) Participant
        Survived by Designated Beneficiary.
        Except
        as provided in Section 2.3, if the Participant dies before the date
        distributions begin and there is a designated beneficiary, the minimum amount
        that will be distributed for each distribution calendar year after the year
        of
        the Participant’s death is the quotient obtained by dividing the Participant’s
        account balance by the remaining life expectancy of the Participant’s designated
        beneficiary, determined as provided in Section 6.4.1.

      

      (b) No
        Designated Beneficiary.
        If the
        Participant dies before the date distributions begin and there is no designated
        beneficiary as of September 30 of the year following the year of the
        Participant’s death, distribution of the Participant’s entire interest will be
        completed by December 31 of the calendar year containing the fifth anniversary
        of the Participant’s death. 

      

      (c) Death
        of Surviving Spouse Before Distributions to Surviving Spouse Are Required
        to
        Begin.
        If the
        Participant dies before the date distributions begin, the Participant’s
        surviving spouse is the Participant’s sole designated beneficiary, and the
        surviving spouse dies before distributions are required to begin to the
        surviving spouse under Section 6.2.2(a), this Section 6.4.2 will apply as
        if the
        surviving spouse were the Participant.

      

      
        	6.5	
                DEFINITIONS

              

      

      

      
        	
                6.5.1

              	
                Designated
                  beneficiary.
                  The individual who is designated as the Beneficiary under the Plan
                  and is
                  the designated beneficiary under Section 401(a)(9) of the Internal
                  Revenue
                  Code and Section 1.401(a)(9)-1, Q&A-4, of the Treasury
                  regulations.

              

      

      

      
        	
                6.5.2

              	
                Distribution
                  calendar year.
                  A
                  calendar year for which a minimum distribution is required. For
                  distributions beginning before the Participant’s death, the first
                  distribution calendar year is the calendar year immediately preceding
                  the
                  calendar year which contains the Participant’s required beginning date.
                  For distributions beginning after the Participant’s death, the first
                  distribution calendar year is the calendar year in which distributions
                  are
                  required to begin under Section 6.2.2. The required minimum distribution
                  for the Participant’s first distribution calendar year will be made on or
                  before the Participant’s required beginning date. The required minimum
                  distribution for other distribution calendar years, including the
                  required
                  minimum distribution for the distribution calendar year in which
                  the
                  Participant’s required beginning date occurs, will be made on or before
                  December 31 of that distribution calendar
                  year.

              

      

      

      
        	
                6.5.3

              	
                Life
                  expectancy.
                  Life expectancy as computed by use of the Single Life Table in
                  Section
                  1.401(a)(9)-9 of the Treasury
                  regulations.

              

      

      

      
        	
                6.5.4

              	
                Participant’s
                  account balance.
                  The account balance as of the last valuation date in the calendar
                  year
                  immediately preceding the distribution calendar year (valuation
                  calendar
                  year) increased by the amount of any contributions made and allocated
                  or
                  forfeitures allocated to the account balance as of the dates in
                  the
                  valuation calendar year after the valuation date and decreased
                  by
                  distributions made in the valuation calendar year after the valuation
                  date. The account balance for the valuation calendar year includes
                  any
                  amounts rolled over or transferred to the Plan either in the valuation
                  calendar year or in the distribution calendar year if distributed
                  or
                  transferred in the valuation calendar
                  year.

              

      

      

      
        	
                6.5.5

              	
                Required
                  beginning date.
                  The date specified in the Plan when distributions under Section
                  401(a)(9)
                  of the Internal Revenue Code are required to
                  begin.

              

      

      

      ARTICLE
        VII

      DEEMED
        125 COMPENSATION

      

      If
        elected, this Article shall apply as of the effective date specified in Section
        2.4 of this amendment. For purposes of any definition of compensation under
        this
        Plan that includes a reference to amounts under Section 125 of the Code,
        amounts
        under Section 125 of the Code include any amounts not available to a Participant
        in cash in lieu of group health coverage because the Participant is unable
        to
        certify that he or she has other health coverage. An amount will be treated
        as
        an amount under Section 125 of the Code only if the Employer does not request
        or
        collect information regarding the Participant’s other health coverage as part of
        the enrollment process for the health plan.

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

      Except
        with respect to any election made by the employer in Article II, this amendment
        is hereby adopted by the prototype sponsor on behalf of all adopting employers
        on 

       

      

      [Sponsor’s
        signature and Adoption Date are on file with Sponsor]

      

      

      NOTE:
        The employer only needs to execute this amendment if an election has been
        made
        in Article II of this amendment.

      

      This
        amendment has been executed this _________________ day of
        ______________________________, ________.

       

      Name
        of
        Plan: Colonial
        Auto Finance, Inc. 401(k) Plan

       

      Name
        of
        Employer: Colonial
        Auto Finance, Inc.

       

      By:
        __________________________________ 

                    
          EMPLOYER
        

       

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

       

      MANDATORY
        DISTRIBUTION AMENDMENT

      (Code
        Section 401(a)(31)(B))

      

      ARTICLE
        I

      APPLICATION
        OF AMENDMENT

      

      
        	
                1.1

              	
                Effective
                  Date.
                  Unless a later effective date is specified in Article III of this
                  Amendment, the provisions of this Amendment will apply with respect
                  to
                  distributions made on or after March 28,
                  2005.

              

      

       

      
        	
                1.2
                  

              	
                Precedence.
                  This Amendment supersedes any inconsistent provision of the
                  Plan.

              

      

      

      
        	
                1.3

              	
                Adoption
                  by prototype sponsor.
                  Except as otherwise provided herein, pursuant to authority granted
                  by
                  Section 5.01 of Revenue Procedure 2000-20, the sponsoring organization
                  of
                  the prototype hereby adopts this amendment on behalf of all adopting
                  employers.

              

      

      

      ARTICLE
        II

      DEFAULT
        PROVISION: AUTOMATIC ROLLOVER

      OF
        AMOUNTS OVER $1,000

      

      Unless
        the Employer otherwise elects in Article III of this Amendment, the provisions
        of the Plan concerning mandatory distributions of amounts not exceeding $5,000
        are amended as follows:

      

      In
        the
        event of a mandatory distribution greater than $1,000 that is made in accordance
        with the provisions of the Plan providing for an automatic distribution to
        a
        Participant without the Participant’s consent, if the Participant does not elect
        to have such distribution paid directly to an “eligible retirement plan”
specified by the Participant in a direct rollover (in accordance with the
        direct
        rollover provisions of the Plan) or to receive the distribution directly,
        then
        the Administrator shall pay the distribution in a direct rollover to an
        individual retirement plan designated by the Administrator.

      

      ARTICLE
        III

      EMPLOYER’S
        ALTERNATIVE ELECTIONS

      

      
        	
                3.1

              	
                (  
                  ) 

              	
                Effective
                  Date of Plan Amendment

              

      

      

      This
        Amendment applies with respect to distributions made on or after             
        (may be
        a date later than March 28, 2005, only if the terms of the Plan already comply
        with Code Section 401(a)(31)(B)).

      

      
        	
                3.2

              	
                (  
                  )

              	
                Election
                  to apply Article II of this Amendment to distributions of $1,000
                  or
                  less.

              

      

      

      In
        the
        event of a mandatory distribution that is made in accordance with the provisions
        of the Plan providing for an automatic distribution to a Participant without
        the
        Participant’s consent, if the Participant does not elect to have such
        distribution paid directly to an “eligible retirement plan” specified by the
        Participant in a direct rollover (in accordance with the direct rollover
        provisions of the Plan) or to receive the distribution directly, then the
        Administrator shall pay the distribution in a direct rollover to an individual
        retirement plan designated by the Administrator.

      

      
        	
                3.3

              	
                (  
                  )

              	
                Election
                  to reduce or eliminate mandatory distribution provisions of Plan
                  (may not
                  be elected if 3.2 above is
                  elected)

              

      

      

      The
        provisions of the Plan that provide for the involuntary distribution of vested
        accrued benefits of $5,000 or less, are modified as follows (choose a, b,
        or c
        below):

       

      
        	
              	
                a.

              	
                
                  (  
                    )

                

              	No
                mandatory distributions. Participant consent to the distribution now
                shall be required before the Plan may make the
                distribution.

      

       

      
        	 	
                b.

              	
                (  
                  )

              	
                Reduction
                  of $5,000 threshold to $1,000.
                  The $5,000 threshold in such provisions is reduced to $1,000 and
                  the value
                  of the Participant’s interest in the Plan for such purpose shall include
                  any rollover contributions (and earnings thereon) within the meaning
                  of
                  Code Sections 402(c), 403(a)(4), 403(b)(8), 408(d)(3)(A)(ii), and
                  457(e)(16).

              

      

      

      
        	 	
                c.

              	
                (  
                  )

              	
                Reduction
                  of $5,000 threshold to amount less than $1,000.
                  The $5,000 threshold in such provisions is reduced to $            
                  (enter an amount less than $1,000) and the value of the Participant’s
                  interest in the Plan for such purpose shall include any rollover
                  contributions (and earnings thereon) within the meaning of Code
                  Sections
                  402(c), 403(a)(4), 403(b)(8), 408(d)(3)(A)(ii), and
                  457(e)(16).

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Except
        with respect to any election made by the employer in Article III, this amendment
        is hereby adopted by the prototype sponsor on behalf of all adopting employers
        on:

      

      [Sponsor’s
        signature and Adoption Date are on file with Sponsor]

      

      NOTE:
        The employer only needs to execute this amendment if an election has been
        made
        in Article III herein.

       

      

      This
        amendment has been executed this _________________ day of
        ______________________________, ________.

       

      Name
        of
        Plan: Colonial
        Auto Finance, Inc. 401(k) Plan

       

      Name
        of
        Employer: Colonial
        Auto Finance, Inc.

       

      By:
        __________________________________ 

      EMPLOYERExhibit 4.2.1

    
      
        
          

        

      

      Exhibit
        4.2.1

       

      Colonial
        Auto Finance, Inc. 401k Plan

      Amendment
        for Additional Provisions Concerning

      Employer
        Securities

       

      The
        following additional provisions concerning Employer Securities (as defined
        below) are included as part of the Adoption Agreement completed by the Employer,
        in accordance with Section ______ of the Adoption Agreement. References to
“Participant” in this Appendix shall refer to both a Participant and the
        Beneficiar(ies) of a deceased Participant.

       

      ARTICLE
        IX Named Fiduciary is Solely Responsible for Employer
        Securities.
        The investment provisions in Section       of the
        Plan include the ability to invest in “qualifying employer securities”, as
        defined in Section 407(d)(5) of ERISA (“Employer Securities”), which
        specifically includes the common stock of the Employer (hereinafter referred
        to
        as “Common Stock”). The Trustee is required to invest the Trust Fund (up to 100%
        thereof as provided in Section       of the
        Adoption Agreement) in Employer Securities as directed by the Named Fiduciary
        (pursuant to Section         of the
        Plan).

       

      The
        Named
        Fiduciary has sole fiduciary responsibility for all decisions or actions
        related
        to any Employer Security, including any evaluation of, and decision to accept
        or
        reject, any appraisal or valuation of any Employer Security. The Trustee
        is
        required to follow all directions from the Named Fiduciary related to Employer
        Securities. The Trustee may not take any action with respect to any Employer
        Security, except to the extent directed by the Named Fiduciary. The Trustee
        is
        required to continue to hold any Employer Security with respect to which
        it does
        not receive a direction from the Named Fiduciary to sell or otherwise dispose
        of
        such security. The Trustee is required not to vote any Employer Security
        with
        respect to which it does not receive a direction from the Named Fiduciary
        to
        vote such security.

       

      Purchases
        and sales of Employer Securities shall, at the direction of the Named Fiduciary,
        be on the open market, in a private placement or a transaction with the
        Employer, and shall be made at the time and in the manner directed by the
        Named
        Fiduciary. No commission or other fees shall be payable with respect to any
        transaction with the Employer.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      If
        Employer Securities are purchased from the Employer or any other “party in
        interest” (as that term is defined in ERISA), the purchase price shall be no
        more than the value set forth in this subsection. If Employer Securities
        are
        sold to the Employer or any other “party in interest” (as that term is defined
        in ERISA) the sales price shall be no less than the value set forth in this
        subsection. The value set forth in this subsection shall be determined by
        the
        Named Fiduciary in its sole discretion in accordance with the following rules:
        (i) in the event the Employer Securities are reported on the New York Stock
        Exchange, American Stock Exchange, National Association of Securities Dealers
        Automated Quotation System (“NASDAQ”) or other national securities exchange
        registered with the United States Securities and Exchange Commission, the
        value
        shall be the greater of (except that, in the case of a purchase by the Plan,
        this shall be the lesser of the following amounts): (x) the closing price
        of the
        Employer Security on the trading day immediately preceding the date the Employer
        Security is acquired or sold by the Plan, or (y) the average of the closing
        prices of the Employer Security for the twenty (20) consecutive trading days
        immediately preceding the date the Employer Security is acquired or sold
        by the
        Plan; or (ii) in all other events, the value shall be determined by an
        independent appraisal as of the date the Employer Security is acquired or
        sold
        by the Plan. 

       

      If
        any
        Employer Securities are held by the Trust, the Named Fiduciary shall determine
        whether share or unitized accounting shall apply to such shares from time
        to
        time. If unit accounting is used, the Named Fiduciary shall direct the degree
        to
        which the Employer Securities fund is to be invested in assets other than
        Employer Securities and shall direct the investment of all assets in the
        Employer Securities fund.

       

      ARTICLE
        X Contributions of Employer Securities.
        The Employer may direct that any contribution by the Employer required or
        permitted under the Plan be made in the form of Employer Securities. If Employer
        Securities are transferred in-kind from the Employer, the value must be approved
        by the Named Fiduciary and shall be no more than the value set forth in
        subsection (A) for purposes of purchases of Employer Securities by the Plan
        from
        the Employer.

       

      ARTICLE
        XI Participant Direction of Sales and Purchases of Employer
        Securities.
        The Named Fiduciary may permit each Participant to direct that non- Employer
        Security assets allocated to such Participant’s Account be used to acquire
        Employer Securities. The Named Fiduciary may also permit Participants to
        whose
        Accounts Employer Securities are allocated to direct that such Employer
        Securities be disposed.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      ARTICLE
        XII Participant Direction of Voting of Employer
        Securities.
        [Alternate
        #1 required for: (x) all ESOPs, (y) each plan that is not an ESOP or Profit
        Sharing Plan that has more than 10% of its assets invested in Employer
        Securities, and (z) any other plan that is complying with ERISA § 404(c), but
        may be used for other plans:]
        All Employer Securities held by the Trust Fund shall be voted in accordance
        with
        the following:

       

      Employer
        Securities credited to an “unallocated stock suspense account” shall be voted by
        the Trustee only in accordance with directions of the Named Fiduciary. The
        Trustee shall not vote such shares if it has not received directions from
        the
        Named Fiduciary.

       

      Employer
        Securities allocated and credited to the Accounts of Participants shall be
        voted
        in accordance with the following:

       

      (A)    
        If the Employer Securities held by the Trust are a registration type class
        of
        securities, then each Participant shall be entitled to direct the Trustee
        as to
        how the Trustee shall vote Employer Securities allocated to such Participant’s
        Accounts. If the Employer Securities held by the Trust are not a
        registration-type class of securities, then each Participant shall be entitled
        to direct the Trustee as to how the Trustee shall vote Employer Securities
        allocated to such Participant’s Accounts with respect to the following issues:
        approval or disapproval of any corporate merger or consolidation,
        recapitalization, reclassification, liquidation, dissolution, sale of
        substantially all assets of a trade or business, or such similar transaction
        as
        may be prescribed in Treasury Regulations.

       

      (B)    
        For purposes of the foregoing subparagraph (i), “registration-type class of
        securities” shall have the same meaning as the definition contained in Code
        Section 409(e)(4).

       

      [Alternate
        #2: for all other plans]

       

      The
        Named
        Fiduciary may permit each Participant to direct the voting of Employer
        Securities with respect to any or all matters determined by the Named
        Fiduciary.

       

      ARTICLE
        XIII Participant Direction Regarding Tender Offers for Employer
        Securities.
        The Named Fiduciary may permit each Participant to direct the Named Fiduciary
        as
        to whether Employer Securities allocated to such Participant’s Accounts shall be
        tendered in response to a tender offer for such
        securities.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      The
        proceeds received by the Trust with respect to any tendered Employer Securities
        shall be allocated in the same manner that the tendered securities were
        allocated.

       

      ARTICLE
        XIV Rules Related to Participant Directions.
        To the extent the Named Fiduciary, or the Plan or Trust documents, permit
        Participants to provide any directions (“Participant Directions”) with respect
        to Employer Securities (including, but not limited to, the acquisition,
        disposition, voting or tender of an Employer Security), the Trustee will
        implement Participant Directions only to the extent directed by the Named
        Fiduciary. The Named Fiduciary has sole fiduciary responsibility for determining
        whether to implement Participant Directions concerning an Employer Security
        and
        the Named Fiduciary is hereby designated as the fiduciary referenced in
        Department of Labor regulation Section 2550.  404c-1(d)(2)(ii)(E)
        (4)(viii). To the extent a Participant fails to make a permitted direction
        or is
        not permitted to make a direction, the Trustee shall act only as directed
        by the
        Named Fiduciary and shall take no action in the absence of direction from
        the
        Named Fiduciary. Notwithstanding the existence of Participant Directions,
        the
        Trustee shall take no action with respect to Employer Securities unless and
        until directed by the Named Fiduciary. The Trustee shall follow the directions
        of the Named Fiduciary with respect to Employer Securities even if the Named
        Fiduciary determines not to follow the Participant
        Directions.

       

      All
        Participant Directions shall be made at the time and in the manner determined
        by
        the Named Fiduciary. The number of shares of Employer Securities deemed
        allocated to any Participant’s Accounts for purposes of implementing the
        Participant’s Directions shall be the number allocated as of the date determined
        by the Named Fiduciary. The timing and manner of implementing any Participant
        directions, and the Employer Security value used to implement an acquisition
        or
        disposition direction, shall be determined by the Named Fiduciary. The Trustee
        must follow all rules established by the Named Fiduciary that concern Employer
        Securities or Participant directions. If Participants are given direction
        authority, the Named Fiduciary or its agent shall provide to Participants
        to
        whose Account an Employer Security is credited a copy of the information
        related
        to the matter to which such direction may apply that is provided to holders
        of
        such security, together with a direction form. The Employer must fully cooperate
        in providing information requested by the Named Fiduciary related to the
        Named
        Fiduciary’s duties in connection with Participant directions.

       

      In
        order
        to assure that Participant Directions are kept confidential from the Employer,
        any Participant Directions shall be communicated by the Participant to the
        Trustee or another third party designated by the Trustee or Named Fiduciary
        that
        is independent from the Employer (the party receiving the Participant Directions
        shall be the “Participant Direction Recipient”). The Participant Direction
        Recipient shall hold all Participant Directions in confidence and shall not
        divulge Participant Directions to the Employer or to any director, officer
        or
        employee of the Employer nor to any other person, except as required by law,
        unless the person receiving a disclosure has agreed in writing to receive
        such
        information as a fiduciary of the Plan, to keep such information confidential
        and not to use such information for any purpose other than Plan administration;
        provided, however, the Participant Direction Recipient shall provide information
        to the Named Fiduciary that does not identify any particular Participant’s
        Direction in order to permit the Named Fiduciary to exercise its fiduciary
        duty
        to direct the Trustee with respect to following Participant
        Directions.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      If
        the
        Named Fiduciary determines that a situation for which Participant Directions
        are
        to be made involves a potential for undue employer influence upon Participants
        with regard to their direct or indirect exercise of the right to make
        Participant Directions, then the Named Fiduciary shall appoint a third party
        that is independent from the Employer (the “Independent Fiduciary”) to serve as
        a Plan fiduciary for purposes of fulfilling the Named Fiduciary’s role with
        respect to such situation. The Employer hereby agrees to fully indemnify
        and
        hold harmless the Independent Fiduciary from and against any liability, costs
        and expenses associated with the Independent Fiduciary’s actions and failures to
        act related to its duties as the Independent Fiduciary. The Trustee is not
        required to accept an appointment to be the Independent Fiduciary.

       

      ARTICLE
        XV Distribution of Accrued Benefits.
        A Participant’s Accrued Benefit payable under Article VI shall be
        distributed in cash to the extent it is invested in assets other than Employer
        Securities. To the extent the Participant’s Accrued Benefit is invested in
        Employer Securities at the date of distribution, a Participant who elects
        to
        receive a distribution will receive such portion of his Accrued Benefit
[Alternate
        #1: in kind in the form of whole shares of Employer Securities (and cash
        will be
        distributed for any fractional shares)]. [Alternate #2: in cash] [Alternate
        #3:
        either in cash or in kind in the form of whole shares of Employer Securities
        (and cash will be distributed for any fractional shares), at the election
        of the
        Participant].
        The Named Fiduciary must direct the Trustee as to the manner in which cash
        is to
        be made available for distribution.

       

      ARTICLE
        XVI Notices.
        Any notice shall be in writing. Any notice to the Employer or the Named
        Fiduciary shall be sent by first class mail (postage paid), email or facsimile
        at the contact information set forth below, unless the recipient consents
        in
        writing to an alternate means.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Notices
        to the Employer shall be addressed as follows:

       

            _______________________________

            _______________________________

            _______________________________

            _______________________________

       

      Notices
        to the Named Fiduciary shall be addressed as follows:

       

            _______________________________

            _______________________________

            _______________________________

            _______________________________

      
         
Notices
        to a Participant or Distributee shall be sent by first class mail (postage
        paid), addressed to the last known address on file with the Employer or Named
        Fiduciary.

       

      Any
        notice may be sent by certified or registered mail.

       

      This
        [Restatement
        of]
        Appendix
        C is hereby adopted by the Employer this _____ day of
        ______________.

       

      
        	 	 	 
	 	Company
                Name
	 
 	 
 	 
 
	 	By:	 
	 	Title:

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