Document:

EXHIBIT 10.10

                              EMPLOYMENT AGREEMENT

      This Employment Agreement (this "Agreement") is made by and between
Telescan, Inc., a Delaware corporation (the "Company"), and Lee K. Barba
("Employee") effective as of February 28, 2000 (the "Effective Date").

      WHEREAS, the Company is desirous of employing Employee in an executive
capacity on the terms and conditions, and for the consideration, hereinafter set
forth for the period provided herein commencing upon the Effective Date, and
Employee is desirous of employment with the Company on such terms and conditions
and for such consideration;

      NOW, THEREFORE, for and in consideration of the mutual promises, covenants
and obligations contained herein, the Company and Employee agree as follows:

                                   ARTICLE I
                              EMPLOYMENT AND DUTIES

      Section 1.1 The Company agrees to employ Employee and Employee agrees to
be employed by the Company, subject to the terms and conditions of this
Agreement, beginning as of the Effective Date and continuing for the term
hereof.

      Section 1.2 From and after the Effective Date, the Company shall employ
Employee in the position of Chief Executive Officer, or in such other positions
as the parties mutually may agree.

      Section 1.3 Employee agrees to serve in the position referred to in
Section 1.2 hereof and to perform diligently and to the best of his abilities
the duties and services pertaining to such office as set forth in the Bylaws of
the Company in effect on the Effective Date, as well as such additional duties
and services appropriate to such office as the Board of Directors of the Company
(the "Board of Directors") may reasonably assign to Employee from time to time.

      Section 1.4 Employee shall maintain a full-time office at the Company's
Houston, Texas location.

      Section 1.5 Employee agrees, during the period of his employment by the
Company, to devote his full business time, energy and best efforts to the
business and affairs of the Company and its affiliates and not to engage,
directly or indirectly, in any other business or businesses, whether or not
similar to that of the Company, except with the prior written consent of the
Board of Directors. The foregoing notwithstanding, the parties recognize and
agree that Employee may engage in passive personal investments and charitable or
public service activities and serve on the board of directors of corporations to
the extent that such activities do not conflict with the business and affairs of
the Company or interfere with Employee's performance of his duties and
obligations hereunder.

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                                   ARTICLE II
                       TERM AND TERMINATION OF EMPLOYMENT

      Section 2.1 Unless sooner terminated pursuant to other provisions hereof,
the Company agrees to employ Employee for a three-year period beginning on the
Effective Date, and thereafter automatically extend the term of this Agreement
for successive one-year periods unless and until such time as either party shall
give written notice to the other at least 15 days prior to the expiration of the
then current term that no such automatic extension shall occur, in which event
Employee's employment shall terminate on the expiration of the then current
term.

      Section 2.2 Notwithstanding the provisions of Section 2.1 hereof, the
Company shall have the right to terminate Employee's employment under this
Agreement at any time in accordance with the following provisions:

            (a) upon Employee's death;

            (b) upon Employee's becoming incapacitated or disabled by accident,
      sickness or other circumstance which impairment (despite reasonable
      accommodation) renders him mentally or physically incapable of performing
      the duties and services required of him hereunder for a period of at least
      120 consecutive days or for a period of 180 business days during any
      12-month period;

            (c) for cause, which for purposes of this Agreement shall mean each
      of the following:

                  (i) a material act or material acts of dishonesty or
            disloyalty by Employee adversely affecting the Company;

                  (ii) Employee's breach of any of his obligations of this
            Agreement;

                  (iii) Employee's gross negligence or willful misconduct in
            performance of the duties and services required of him pursuant to
            this Agreement; or

                  (iv) Employee's conviction of a felony, or Employee's
            conviction of a misdemeanor involving moral turpitude.

            (d) by "Constructive Termination," which for purposes of this
      Agreement shall mean each of the following:

                  (i) a material diminution of Employee's responsibilities,
            including, without limitation, title and reporting relationship;

                  (ii) relocation of any New York office of the Company without
            the consent of Employee; or

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                  (iii) a material reduction in Employee's compensation and
            benefits received hereunder.

            (e) in the sole discretion of the Board of Directors without cause;
      PROVIDED, HOWEVER, in such case the Company shall give 15 days prior
      written notice to Employee of its intention to terminate Employee's
      employment with the Company and shall continue to provide compensation to
      Employee in accordance with the terms set forth in Section 4.1(e) hereof.

Section 2.3 Employee shall have the right to terminate his employment under this
Agreement at any time in accordance with the following provisions:

            (a) a breach by the Company of any of its obligations under this
      Agreement which, if correctable, remains uncorrected for 30 days following
      written notice specifying such breach given by Employee to the Company; or

            (b) in the sole discretion of Employee; PROVIDED, HOWEVER, in such
      case Employee shall give 15 days prior written notice to the Company of
      his intention to terminate his employment with the Company.

      Section 2.4 If the Company desires to terminate Employee's employment
hereunder as provided in Section 2.2 hereof or Employee desires to terminate
Employee's employment hereunder as provided in Section 2.3 hereof, it or he
shall do so by giving written notice to the other party that it or he has
elected to terminate Employee's employment hereunder and stating the effective
date and reason, if any, for such termination. In the event of such termination,
the provisions of Articles IV through IX hereof shall continue to apply in
accordance with their terms. Any question as to whether and when there has been
a termination of Employee's employment, and the cause of such termination, shall
be determined by the Board of Directors in its sole discretion.

                                  ARTICLE III
                            COMPENSATION AND BENEFITS

      Section 3.1 COMPENSATION. During the term of this Agreement, the Company
shall provide compensation to Employee in the following forms:

            (a) BASE SALARY. Employee shall receive an annual base salary of
      $295,000, which amount shall be subject to annual review by the Board of
      Directors and/or the Compensation Committee of the Company for possible
      increases.

            (b) BONUS. Employee shall participate in, and receive an annual
      bonus pursuant to, the Company's Officer Bonus Plan.

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      (c) STOCK OPTIONS.

            (i) Upon approval of the Company's Board of Directors, Employee will
      be granted options to purchase an aggregate of 400,000 shares of the
      Company's common stock at an exercise price equal to the per share Fair
      Market Value (as hereinafter defined) on the date of grant. The options to
      be granted to Employee shall be granted as nonqualified options. All
      options granted to Employee hereunder shall vest immediately upon a Change
      of Control (as hereinafter defined). The options will be granted pursuant
      to a stock option agreement to be executed by Employee and the Company as
      of the date hereof. The options will vest as follows:

                  (A)   100,000 of the option  shares  will vest at the end of
                  Employee's first six months of employment;

                  (B) 100,000 of the option shares will vest 20% annually
                  beginning one year from the date of this Agreement; PROVIDED,
                  HOWEVER, that the vesting schedule of the option shares under
                  this subsection (B) shall be reduced to four years if the Fair
                  Market Value of the Company's common stock is equal to or
                  greater than $36.00 per share for any ten consecutive trading
                  days during the term of this Agreement; and

                  (C) 200,000 of the option shares will vest at the end of
                  Employee's fifth year of employment; PROVIDED, HOWEVER, if the
                  Fair Market Value of the Company's common stock is equal to or
                  greater than $36.00 for any ten consecutive trading days
                  during the term of this Agreement, then the 200,000 option
                  shares under this subsection (C) will vest annually in equal
                  amounts such that 100% of the option shares under this
                  subsection (C) will be vested upon the fourth anniversary of
                  date of this Agreement.

            "Fair Market Value" means (i) if the Company's common stock is not
      listed or admitted to trade on a national securities exchange and if bid
      and ask prices for the common stock are not furnished through NASDAQ or a
      similar organization, the value established by the Compensation Committee
      of the Board of Directors (the "Compensation Committee"), in its sole
      discretion; (ii) if the Company's common stock is listed or admitted to
      trade on a national securities exchange or a national market system, the
      closing price of the common stock, as published in the WALL STREET
      JOURNAL, so listed or admitted to trade on such day or, if there is no
      trading of the common stock on such date, then the closing price of the
      common stock on the next preceding date on which there was trading in such
      shares; or (iii) if the common stock is not listed or admitted to trade on
      a national securities exchange or a national market system, the mean
      between the bid and asked price for the common stock on such date, as
      furnished by the National Association of Securities Dealers, Inc. through
      NASDAQ or a similar organization if NASDAQ is no longer reporting such
      information.

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            (ii) In addition, Employee shall be eligible to receive future stock
      option grants, as determined by the Compensation Committee.

      Section 3.2 BENEFITS. During the term of this Agreement, Employee shall be
afforded the following benefits as incidences of his employment:

            (a) BUSINESS AND ENTERTAINMENT EXPENSES. Subject to the Company's
      standard policies and procedures with respect to expense reimbursement as
      applied to its executive employees generally, the Company will reimburse
      Employee for, or pay on behalf of Employee, reasonable and appropriate
      expenses incurred by Employee for business related purposes, including
      dues and fees to approved industry and professional organizations, and
      reasonable costs of entertainment incurred in connection with business
      development.

            (b) CLUB MEMBERSHIP. The Company shall reimburse Employee for
      membership dues at social or country clubs designated by Employee as
      mutually agreed by the Company and Employee.

            (c) OTHER. Employee and, to the extent applicable, Employee's
      family, dependents and beneficiaries, shall be allowed to participate in
      all benefits, plans and programs, including improvements or modifications
      of the same, which are now, or may hereafter be, available to executive
      employees of the Company generally. Such benefits, plans and programs may
      include, without limitation, a profit sharing plan, a thrift plan, a
      health insurance or health care plan, life insurance, disability insurance
      or a pension plan. The Company shall not, however, by reason of this
      paragraph be obligated to institute, maintain, or refrain from changing,
      amending or discontinuing, any such benefit plan or program, so long as
      such changes are similarly applicable to executive employees of the
      Company generally.

      Section 3.3 PAYROLL. Employee shall receive all compensation pursuant to
this Agreement in accordance with the Company's Houston, Texas customary payroll
practices with respect to time and manner of payment.

                                   ARTICLE IV
                      EFFECT OF TERMINATION ON COMPENSATION

      Section 4.1 BY THE COMPANY.

            (a) TERMINATION UPON DEATH. In the event of Employee's death during
      the term of this Agreement, this Agreement will terminate upon the first
      day of the month following the Employee's date of death, and all of
      Employee's rights and benefits provided for in this Agreement will
      terminate as of such date; PROVIDED, HOWEVER, that Employee's estate will
      be paid Employee's annual salary and pro rata bonus through the date of
      death for a period of six months after such death occurs and, PROVIDED,
      FURTHER, all stock options referenced in Section 3.1(c) shall vest on
      Employee's death, and

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      Employee's estate may exercise such options for a period of one year from
      the date of termination.

            (b) TERMINATION UPON DISABILITY. If Employee's employment hereunder
      is terminated by the Company pursuant to Section 2.2(b) hereof prior to
      the expiration of the then current term, all of Employee's rights and
      benefits provided for in this Agreement will terminate as of such date;
      PROVIDED, HOWEVER, that Employee will be paid Employee's annual salary and
      pro rata bonus through the date of termination for a period of six months
      after such termination occurs and, PROVIDED, FURTHER, that Employee all
      stock options referenced in Section 3.1(c) shall vest effective as of the
      termination date, and Employee may exercise such options for a period of
      one year from the date of termination.

            (c) TERMINATION FOR CAUSE. Employer shall be entitled to terminate
      Employee's employment at any time for cause, as defined by Section 2.2(c).
      In the event of termination for cause, all of Employee's rights and
      benefits provided for in this Agreement shall terminate, except as to any
      accrued and unpaid base salary provided for in Section 3.1(a).

            (d) TERMINATION AFTER CHANGE OF CONTROL. If, within 24 months
      following a Change of Control (as hereinafter defined), the Company or its
      successor terminates Employee's employment without cause or by
      Constructive Termination, Employee will be paid, in a lump sum payment, an
      amount equal to two times the sum of (i) his annual salary for the year in
      which such termination occurs and (ii) the greater of (A) the target
      bonuses for each of the four quarters in the year in which such
      termination occurs and (B) the actual bonus earned by Employee for the
      four fiscal quarters immediately preceding such termination. All unvested
      stock options referenced in Section 3.1(c)(ii) shall vest effective as of
      the date of termination and Employee may exercise such options for a
      period of 90 days from the date of termination. Employee shall receive his
      accrued and unpaid salary and any accrued and unpaid pro rata bonus
      through the date of termination, and Employee will continue to participate
      in any benefits referenced in Section 3.2(c) for a period of two years
      from the date of termination; PROVIDED, HOWEVER, to the extent that any
      benefit under Section 3.2(c) cannot be continued during a period when
      Employee is not an employee of the Company, the Company shall pay Employee
      an amount in cash equal to the economic value of such benefit, such value
      to be determined as of the time of termination.

            In the event that Employee is deemed to have received an excess
      parachute payment (as such term is defined in Section 280G(b) of the
      Internal Revenue Code of 1986, as amended (the "Code")) which is subject
      to excise taxes ("Excise Taxes") imposed by Section 4999 of the Code with
      respect to compensation paid to Employee pursuant to this Agreement, the
      Company shall make a Bonus Payment (as defined below) to Employee when
      Employee receives any excess parachute payments. "Bonus Payment" means a
      cash payment equal to the sum of (i) all Excise Taxes payable by Employee
      plus (ii) any additional Excise Tax or federal or state income taxes
      imposed with respect to the Bonus Payment.

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      "Change of Control" means the happening of any of the following events:

            (i) The acquisition by any individual, entity or group (within the
      meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of
      1934, as amended (the "Exchange Act")) (a "Person"), of beneficial
      ownership (within the meaning of Rule 13d-3 promulgated under the Exchange
      Act) of 50% or more of either (A) the then outstanding shares of common
      stock of the Company or (B) the combined voting power of the then
      outstanding voting securities of the Company entitled to vote generally in
      the election of directors; provided, however, that the following
      acquisitions shall not constitute a Change of Control under this
      subsection (i): (x) any acquisition directly from the Company (excluding
      an acquisition by virtue of the exercise of a conversion privilege), (y)
      any acquisition by the Company, or (z) any acquisition by any employee
      benefit plan (or related trust) sponsored or maintained by the Company or
      any corporation controlled by the Company; or

            (ii) Individuals who, as of the effective date hereof, constitute
      the Board of Directors (the "Incumbent Board") cease for any reason to
      constitute at least a majority of the Board; provided, however, that any
      individual becoming a director subsequent to the effective date hereof
      whose election, or nomination for election by the Company's stockholders,
      was approved by a vote of at least a majority of the directors then
      comprising the Incumbent Board shall be considered as though such
      individual were a member of the Incumbent Board, but excluding, for this
      purpose, any such individual whose initial assumption of office occurs as
      a result of either an actual or threatened election contest (as such terms
      are used in Rule 14a-11 of Regulation 14A promulgated under the Exchange
      Act) or other actual or threatened solicitation of proxies or consents by
      or on behalf of a Person other than the Board; or

            (iii) Approval by the stockholders of the Company of a complete
      liquidation or dissolution of the Company or the sale or other disposition
      of all or substantially all of the assets of the Company.

            (e) OTHER EVENTS UPON TERMINATION. If Employee's employment
      hereunder shall be terminated by the Company without cause or by
      Constructive Termination other than within 24 months following a Change of
      Control, Employee shall receive in accordance with the Company's then
      current payroll practices an amount equal to the sum of (i) Employee's
      annual base salary for the year in which such termination occurs and (ii)
      the greater of (A) the target bonuses for each of the four quarters in the
      year in which such termination occurs and (B) the actual bonus earned by
      Employee for the four fiscal quarters immediately preceding such
      termination, payable for a period of time equal to the longer of (i) two
      years and (ii) the period of time remaining under the then current term of
      this Agreement (such longer period, the "Severance Period"). Employee
      shall receive his accrued and unpaid salary and any accrued and unpaid pro
      rata bonus through the date of termination, and Employee will continue to
      participate in any benefits referenced in Section 3.2(c) for the Severance
      Period; PROVIDED, HOWEVER, to the extent that any benefit under Section
      3.2(c) cannot be continued during a period when Employee is not an
      employee of the Company, the Company shall pay Employee an amount in cash

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      equal to the economic value of such benefit, such value to be determined
      as of the time of termination. In addition, all stock options referenced
      in Section 3.1(c) shall vest effective as of the date of termination, and
      Employee may exercise such options for a period of three months from the
      date of termination.

      Section 4.2 BY EMPLOYEE.

            (a) BREACH OF AGREEMENT BY COMPANY. If Employee's employment
      hereunder shall be terminated by Employee pursuant to the provisions set
      forth in Section 2.3(a) hereof prior to the expiration of the then current
      term of this Agreement, Employee shall receive in accordance with the
      Company's then current payroll practices an amount equal to the sum of (i)
      Employee's annual base salary for the year in which such termination
      occurs and (ii) the greater of (A) the target bonuses for each of the four
      quarters in the year in which such termination occurs and (B) the actual
      bonus earned by Employee for the four fiscal quarters immediately
      preceding such termination, payable for a period of time equal to the
      longer of (i) two years and (ii) the period of time remaining under the
      then current term of this Agreement. Employee shall receive his accrued
      and unpaid salary and any accrued and unpaid pro rata bonus through the
      date of termination, and Employee will continue to participate in any
      benefits referenced in Section 3.2(c) for the Severance Period; PROVIDED,
      HOWEVER, to the extent that any benefit under Section 3.2(c) cannot be
      continued during a period when Employee is not an employee of the Company,
      the Company shall pay Employee an amount in cash equal to the economic
      value of such benefit, such value to be determined as of the time of
      termination. In addition, all stock options referenced in Section 3.1(c)
      shall vest effective as of the date of termination, and Employee may
      exercise such options for a period of three months from the date of
      termination.

            (b) VOLUNTARY RESIGNATION. If Employee's employment hereunder shall
      be terminated by Employee pursuant to the provisions set forth in Section
      2.3(b) hereof prior to the expiration of the then current term, then, upon
      such termination, subject to COBRA, all compensation and all benefits to
      Employee hereunder shall terminate contemporaneously with the termination
      of such employment; PROVIDED, HOWEVER, Employee shall not receive a bonus
      for the year during which Employee's employment terminated or any
      subsequent year.

                                   ARTICLE V
                            CONFIDENTIAL INFORMATION

      Section 5.1 COMPANY INFORMATION. Employee acknowledges that the Company's
business is highly competitive and that the Company's books, records and
documents, technical information concerning its products, equipment, services
and processes, procurement procedures and pricing techniques and the names of
and other information (e.g., credit and financial data) concerning the Company's
customers and business associates all comprise confidential business information
and trade secrets of the Company (collectively, "Confidential Information")
which are valuable, special, and unique assets of the Company which the Company
uses in its business to obtain a competitive advantage over the Company's
competitors which do not know or use

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this information. Employee further acknowledges that protection of the
Confidential Information against unauthorized disclosure and use is of critical
importance to the Company in maintaining its competitive position. Accordingly,
Employee hereby agrees that he will not, at any time during or after his
employment by the Company, make any unauthorized disclosure of any Confidential
Information or make any use thereof, except for the benefit of, and on behalf
of, the Company. For the purposes of this Article 5, the term "Company" shall
also include affiliates of the Company.

      Section 5.2 THIRD PARTY INFORMATION. Employee acknowledges that, as a
result of his employment by the Company, he may from time to time have access
to, or knowledge of, confidential business information or trade secrets of third
parties, such as customers, suppliers, partners, joint venturers, and the like,
of the Company. Employee agrees to preserve and protect the confidentiality of
such third-party confidential information and trade secrets to the same extent,
and on the same basis, as the Confidential Information.

      Section 5.3 RETURN OF DOCUMENTS. All written materials, records and other
documents made by, or coming into the possession of, Employee during the period
of his employment by the Company which contain or disclose the Confidential
Information shall be and remain the property of the Company. Upon request, and
in any event upon termination of Employee's employment by the Company, for any
reason, he promptly shall deliver the same, and all copies, derivatives and
extracts thereof, to the Company.

                                   ARTICLE VI
                     INVENTIONS, DISCOVERIES AND COPYRIGHTS

      Section 6.1 INVENTIONS AND DISCOVERIES. Employee agrees promptly and
freely to disclose to the Company, in writing, any and all ideas, conceptions,
inventions, improvements, and discoveries, whether patentable or not, which are
conceived or made by Employee, solely or jointly with another, during the period
of his employment by the Company and which are related to the business or
activities of the Company. Employee agrees to assign and hereby does assign to
the Company all his interest in such ideas, conceptions, inventions,
improvements, and discoveries. Employee agrees that, whenever requested to do so
by the Company, he shall assist in the preparation of any document that the
Company shall deem necessary and shall execute any and all applications,
assignments or other instruments that the Company shall deem necessary, in its
sole discretion, to apply for and obtain protection, including patent
protection, for such ideas, conceptions, inventions, improvements and
discoveries in all countries of the world. The obligations in the preceding
sentence shall continue beyond the termination of Employee's employment
regardless of the reason for such termination.

      Section 6.2 COPYRIGHTS. If during Employee's employment by the Company,
Employee creates any original work of authorship (each, a "Work") fixed in any
tangible medium of expression which is the subject matter of copyright (e.g.,
written presentations, computer programs, videotapes, drawings, maps, models,
manuals or brochures) relating to the Company's business, products, or services,
whether a Work is created solely by Employee or jointly with others, the Company
shall be deemed the author of a Work if the Work is prepared by Employee

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in the scope of his employment; or, if the Work is not prepared by Employee
within the scope of his employment but is specially ordered by the Company as a
contribution to a collective work, as a part of a motion picture or other
audiovisual work, as a translation, as a supplementary work, as a compilation or
as an instructional text, then the Work shall be considered to be a work made
for hire and the Company shall be the author of the Work. In the event a Work is
not prepared by Employee within the scope of his employment or is not a Work
specially ordered and deemed to be a work made for hire, then Employee hereby
agrees to assign, and by these presents, does assign, to the Company all of
Employee's worldwide right, title and interest in and to such Work and all
rights of copyright therein. Both during the period of Employee's employment by
the Company and thereafter, Employee agrees to assist the Company and its
nominee, at any time, in the protection of the Company's worldwide right, title
and interest in and to the work and all rights of copyright therein, including
but not limited to, the execution of all formal assignment documents requested
by the Company or its nominee and the execution of all lawful oaths and
applications for registration of copyright in the United States and foreign
countries.

      Section 6.3 Employee represents that he has not heretofore made any
invention or discovery or prepared any work which is the subject matter of
copyright related to the Company's business which he wishes to exclude from the
provisions of Section 6.1 and Section 6.2 hereof. As used in this Article VI,
the "Company" shall include affiliates of the Company.

                                  ARTICLE VII
                                 NON-COMPETITION

      Section 7.1 The restrictive covenants contained in this Article VII and in
Article VIII hereof are supported by consideration to Employee hereunder. As a
material incentive for the Company to enter into this Agreement, Employee hereby
agrees that he will not at any time during his employment by the Company and for
a period commencing on the date of termination of his employment and continuing
until the expiration of 24 months (the "Non-Competition Period"), directly or
indirectly, for himself or for others, in any state of the United States, or in
any foreign country where the Company or any of its affiliates is then
conducting any business:

            (a) engage in any business that is directly competitive with
      activities conducted by the Company (or any of the Company's subsidiaries
      or divisions), which activities conducted by the Company (or any of the
      Company's subsidiaries or divisions) represent in the aggregate greater
      than 25% of the Company's consolidated revenues in 1999;

            (b) render advice or services to, or otherwise assist, any other
      person or entity who is engaged, directly or indirectly, in any business
      that is directly competitive with activities conducted by the Company (or
      any of the Company's subsidiaries or divisions), which activities
      conducted by the Company (or any of the Company's subsidiaries or
      divisions) represent in the aggregate greater than 25% of the Company's
      consolidated revenues in 1999; or

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            (c) transact any business in any manner pertaining to suppliers or
      customers of the Company or any affiliate which, in any manner, would
      have, or is likely to have, an adverse effect upon the Company or any
      affiliate.

      The foregoing shall not prohibit Employee's continued participation in
those activities in which he is engaged on the date hereof and which have been
disclosed to the Company.

      Notwithstanding the foregoing, in the event of termination of this
Agreement pursuant to Section 4.1(d), 4.1(e) or 4.2(a), the prohibitions of this
Article VII shall no longer apply at such time as Employee waives his right to
receive any further payments under Section 4.1(d), 4.1(e) or 4.2(a), as the case
may be.

      Section 7.2 Employee understands that the foregoing restrictions may limit
his ability to engage in a business similar to the Company's business in
specific areas of the world for the Non-Competition Period, but acknowledges
that he will receive sufficiently high remuneration and other benefits from the
Company hereunder to justify such restriction. In addition to any remedies
provided under applicable law, the Company and Employee agree that during the
period the Company is paying compensation and benefits to Employee pursuant to
Articles III or IV hereof, the Company's remedy for breach of the provisions of
this Article VII shall include, but shall not be limited to, the termination of
all compensation and all benefits to Employee otherwise provided under this
Agreement.

      Section 7.3 It is expressly understood and agreed that the Company and
Employee consider the restrictions contained in Section 7.1 hereof to be
reasonable and necessary for the purposes of preserving and protecting the good
will and proprietary information of the Company, nevertheless, if any of the
aforesaid restrictions is found by a court having jurisdiction to be
unreasonable, over broad as to geographic area or time or otherwise
unenforceable, the parties intend for the restrictions therein set forth to be
modified by such court so as to be reasonable and enforceable and, as so
modified by the court, to be fully enforced.

                                  ARTICLE VIII
                            SOLICITATION OF EMPLOYEES

      During the term of his employment by the Company and thereafter for the
Non-Competition Period, Employee shall not, on his own behalf or on behalf of
any other person, partnership, entity, association, or corporation, hire or seek
to hire any non-clerical or non-secretarial employee of the Company or in any
other manner attempt directly or indirectly to influence, induce, or encourage
any non-clerical or non-secretarial employee of the Company to leave the
employment of the Company, nor shall he use or disclose to any person,
partnership, entity, association, or corporation any information concerning the
names, addresses or personal telephone numbers of any employees of the Company.

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                                   ARTICLE IX
                                  MISCELLANEOUS

Section 9.1 Notices. For purposes of this Agreement, notices and all other
communications provided for herein shall be in writing and shall be deemed to
have been duly given when personally delivered or when mailed by United States
registered or certified mail, return receipt requested, postage prepaid,
addressed as follows:

      If to the Company to:   Telescan Inc.
                              5959 Corporate Drive, Suite 2000
                              Houston, Texas 77036-2305
                              Attention: Chairman of the Compensation Committee

      If to Employee to:      Lee K. Barba
                              P.O. Box 587
                              Bangall, New York  12506

or to such other address as either party may furnish to the other in writing in
accordance herewith, except that notices of changes of address shall be
effective only upon receipt.

      Section 9.2 APPLICABLE LAW, JURISDICTION AND VENUE. This Agreement is
entered into under, and shall be governed for all purposes by, the laws of the
State of Texas. Any suit by the Company to enforce any right hereunder or to
obtain a declaration of any right or obligation hereunder may, at the sole
option of the Company, be brought (i) in any court of competent jurisdiction in
the State of Texas or (ii) in any court of competent jurisdiction where
jurisdiction may be had over Employee. Employee hereby expressly consents to the
jurisdiction of the foregoing courts for such purposes and to the appointment of
the Secretary of State for the State of Texas as his agent for service of
process.

      Section 9.3 NO WAIVER. No failure by either party hereto at any time to
give notice of any breach by the other party of, or to require compliance with,
any condition or provision of this Agreement shall (i) be deemed a waiver of
similar or dissimilar provisions or conditions at the same or at any prior or
subsequent time or (ii) preclude insistence upon strict compliance in the
future.

      Section 9.4 SEVERABILITY. If a court of competent jurisdiction determines
that any provision of this Agreement is invalid or unenforceable, then the
invalidity or unenforceability of that provision shall not affect the validity
or enforceability of any other provision of this Agreement, and all other
provisions shall remain in full force and effect.

      Section 9.5 COUNTERPARTS. This Agreement may be executed in one or more
counterparts, each of which shall be deemed to be an original, but all of which
together will constitute one and the same Agreement.

                                       12
<PAGE>
      Section 9.6 WITHHOLDING OF TAXES. The Company may withhold from any
benefits payable under this Agreement all federal, state, city or other taxes as
may be required pursuant to any law or governmental regulation or ruling.

      Section 9.7 HEADINGS. The paragraph headings have been inserted for
purposes of convenience and shall not be used for interpretive purposes.

      Section 9.8 AFFILIATE. As used in this Agreement, "affiliate" shall mean
any person or entity which directly or indirectly through one or more
intermediaries owns or controls, is owned or controlled by, or is under common
ownership or control with, the Company.

      Section 9.9 ASSIGNMENT. This Agreement, and the rights and obligations of
the parties hereunder, are personal and neither this Agreement, nor any right,
benefit or obligation of either party hereto, shall be subject to voluntary or
involuntary assignment, alienation or transfer, whether by operation of law or
otherwise, without the prior written consent of the other party except that
vested rights to payment shall be subject to devise, and shall descend in
accordance with applicable laws of inheritance.

      Section 9.10 LEGAL FEES. If, prior to a Change of Control, either party
institutes any legal action to enforce his or its rights under, or to recover
damages for breach of this Agreement, the Company shall pay up to an aggregate
of $10,000 of Employee's actual expenses incurred in pursuit or defense of such
legal action.

      If, following a Change of Control, either party institutes any legal
action to enforce his or its rights under, or to recover damages for breach of
this Agreement, the "prevailing party" in such action shall be entitled to
recover from the other party any actual expenses for attorney's fees and
disbursements incurred by him or it. For these purposes, a party shall be
considered a "prevailing party" if and only if the parties agree to such
characterization of a party as a "prevailing party" or a final order of a court
specifically recites that such party is a "prevailing party."

Section 9.11 TERM. This Agreement has a term co-extensive with the term of
employment as defined in Section 2.1 hereof. Termination of this Agreement
pursuant to the provisions of Section 2.1 hereof shall not affect any right or
obligation of either party hereto which is accrued or vested prior to or upon
such termination or the rights and set forth in Articles IV, V, VI and VII
hereof.

Section 9.12 ENTIRE AGREEMENT. This Agreement constitutes the entire agreement
of the parties with regard to the subject matter hereof, and contains all the
covenants, promises, representations, warranties and agreements between the
parties with respect to employment of Employee by the Company. Each party to
this Agreement acknowledges that no representation, inducement, promise or
agreement, oral or written, has been made by either party, or by anyone acting
on behalf of either party, which is not embodied herein, and that no agreement,
statement, or promise relating to the employment of Employee by the Company,
which is not contained in this Agreement, shall be valid or binding. Any
modification of this Agreement will be effective only if it is in writing and
signed by the party to be charged.

                                       13
<PAGE>
      IN WITNESS WHEREOF, the parties hereto have executed this Agreement
effective as of the Effective Date.

                                    TELESCAN, INC.

                                    By:_________________________________________
                                    Name:_______________________________________
                                    Title:______________________________________

                                    ____________________________________________
                                    Lee K. Barba

                                       14EXHIBIT 10.7

                             ADOPTION AGREEMENT #011
               NONSTANDARDIZED CODE SS.401(K) PROFIT SHARING PLAN

         The undersigned, BENCHMARK ELECTRONICS, INC. ("Employer"), by executing
this Adoption Agreement, elects to become a participating Employer in the TEXAS
COMMERCE BANK NATIONAL ASSOCIATION Defined Contribution Master Plan (basic plan
document 1903 by adopting the accompanying Plan and Trust in full as if the
Employer were a signatory to that Agreement. The Employer makes the following
elections granted under the provisions of the Master Plan.

                                    ARTICLE I
                                   DEFINITIONS

         1.02 TRUSTEE. The Trustee executing this Adoption Agreement is: (CHOOSE
(A) OR (B))

[_]      (a) A discretionary Trustee. See Section 10.03[A] of the Plan.

[x]      (b) A nondiscretionary Trustee. See Section 10.03(B) of the Plan.
         [NOTE: THE EMPLOYER MAY NOT ELECT OPTION (B) IF A CUSTODIAN EXECUTES
         THE ADOPTION AGREEMENT.]

         1.03 PLAN. The name of the Plan as adopted by the Employer is BENCHMARK
ELECTRONICS, INC. 401(K) EMPLOYEE SAVINGS PLAN.

         1.07 EMPLOYEE. The following Employees are not eligible to participate
in the Plan: (CHOOSE (A) OR AT LEAST ONE OF (B) THROUGH (G))

[_]      (a) No exclusions.

[x]      (b) Collective bargaining employees (as defined in Section 1.07 of the
         Plan). [Note: IF THE EMPLOYER EXCLUDES UNION EMPLOYEES FROM THE PLAN,
         THE EMPLOYER MUST BE ABLE TO PROVIDE EVIDENCE THAT RETIREMENT BENEFITS
         WERE THE SUBJECT OF GOOD FAITH BARGAINING.]

[x]      (c) Nonresident aliens who do not receive any earned income (as defined
         in Code ss.911(d)(2)) from the Employer which constitutes United States
         source income (as defined in Code ss.861(a)(3)).

[_]      (d) Commission Salesmen.

[_]      (e) Any Employee compensated on a salaried basis.

[_]      (f) Any Employee compensated on an hourly basis.

[_]      (g) (SPECIFY)________________________________________________.

LEASED EMPLOYEES. Any Leased Employee treated as an Employee under Section 1.31
of the Plan, is: (CHOOSE (H) OR (I))

[x]      (h) Not eligible to participate in the Plan.

[_]      (i) Eligible to participate in the Plan, unless excluded by reason of
         an exclusion classification elected under this Adoption Agreement
         Section 1.07.

RELATED EMPLOYERS. If any member of the Employer's related group (as defined in
Section 1.30 of the Plan) executes a Participation Agreement to this Adoption
Agreement, such member's Employees are eligible to

                                        1
<PAGE>
participate in this Plan, unless excluded by reason of an exclusion
classification elected under this Adoption Agreement Section 1.07. In addition:
(CHOOSE (J) OR (K))

[x]      (j) No other related group member's Employees are eligible to
         participate in the Plan.

[_]      (k) The following nonparticipating related group member's Employees are
         eligible to participate in the Plan unless excluded by reason of an
         exclusion classification elected under this Adoption Agreement Section
         1.07: .

         1.12 COMPENSATION.

TREATMENT OF ELECTIVE CONTRIBUTIONS. (CHOOSE (A) OR (B))

[x]      (a) "Compensation" includes elective contributions made by the Employer
         on the Employee's behalf.

[_]      (b) "Compensation" does not include elective contributions.

MODIFICATIONS TO COMPENSATION DEFINITION. (CHOOSE (C) OR AT LEAST ONE OF (D)
THROUGH (J))

[_]      (c) No modifications other than as elected under Options (a) or (b).

[_]      (d) The Plan excludes Compensation in excess of $____________________.

[_]      (e) In lieu of the definition in Section 1.12 of the Plan, Compensation
         means any earnings reportable as W-2 wages for Federal income tax
         withholding purposes, subject to any other election under this Adoption
         Agreement Section 1.12.

[_]      (f) The Plan excludes bonuses.

[_]      (g) The Plan excludes overtime.

[_]      (h) The Plan excludes Commissions.

[_]      (i) Compensation will not include Compensation from a related employer
         (as defined in Section 1.30 of the Plan) that has not executed a
         Participation Agreement in this Plan unless, pursuant to Adoption
         Agreement Section 1.07, the Employees of that related employer are
         eligible to participate in this Plan.

[x]      (j) (SPECIFY) W-2 WAGES MEANS WAGES FOR FEDERAL INCOME TAX WITHHOLDING
         PURPOSES, AS DEFINED UNDER CODESS.3401(A), PLUS ALL OTHER PAYMENTS TO
         AN EMPLOYEE IN THE COURSE OF THE EMPLOYER'S TRADE OR BUSINESS, FOR
         WHICH THE EMPLOYER MUST FURNISH THE EMPLOYEE A WRITTEN STATEMENT UNDER
         CODE &SS.6041(D) AND 6051(A)(3), DISREGARDING ANY RULES LIMITING THE
         REMUNERATION INCLUDED AS WAGES UNDER THIS DEFINITION BASED ON THE
         NATURE OR LOCATION OF THE EMPLOYMENT OR SERVICE PERFORMED. AS LONG AS
         THE INSTRUCTIONS TO BOX 10 OF FORM W-2 ARE CONSISTENT WITH THE
         INSTRUCTIONS FOR THE 1991 FORM W-2, THE EMPLOYER MAY TREAT THE AMOUNT
         REPORTED IN BOX 10 AS SATISFYING THIS DEFINITION. IN ADDITION, THE PLAN
         EXCLUDES REIMBURSEMENT OR OTHER EXPENSE ALLOWANCES, FRINGE BENEFITS
         (CASH AND NONCASH), MOVING EXPENSES, DEFERRED COMPENSATION AND WELFARE
         BENEFITS.

If, for any Plan Year, the Plan uses permitted disparity in the contribution or
allocation formula elected under Article III, any election of Options (f), (g),
(h) or (j) is ineffective for such Plan Year with respect to any Nonhighly
Compensated Employee.

                                       2
<PAGE>
SPECIAL DEFINITION FOR MATCHING CONTRIBUTIONS. "Compensation" for purposes of
any matching contribution formula under Article III means: (CHOOSE (K) OR (L)
ONLY IF APPLICABLE)

[x]      (k) Compensation as defined in this Adoption Agreement Section 1.12.

[_]      (l) (SPECIFY) ___________ .

SPECIAL DEFINITION FOR SALARY REDUCTION CONTRIBUTIONS. An Employee's salary
reduction agreement applies to his Compensation determined prior to the
reduction authorized by that salary reduction agreement, with the following
exceptions: (CHOOSE (M) OR AT LEAST ONE OF (N) OR (O), IF APPLICABLE)

[x]      (m) No exceptions.

[_]      (n) If the Employee makes elective contributions to another plan
         maintained by the Employer, the Advisory Committee will determine the
         amount of the Employee's salary reduction contribution for the
         withholding period: (CHOOSE (1) OR (2))

         [_]      (1) After the reduction for such period of elective
                  contributions to the other plan(s).

         [_]      (2) Prior to the reduction for such period of elective
                  contributions to the other plan(s).

[_]      (o) (SPECIFY) ______________________________________.

         1.17 PLAN YEAR/LIMITATION YEAR.

PLAN YEAR.  Plan Year means: (CHOOSE (A) OR (B))

[x]      (a) The 12 consecutive month period ending every DECEMBER 31.

[_]      (b) (SPECIFY)________________________________________.

LIMITATION YEAR.  The Limitation Year is: (CHOOSE (C) OR (D))

[x]      (c) The Plan Year.

[_]      (d) The 12 consecutive month period ending every ____________________.

         1.18 EFFECTIVE DATE.

NEW PLAN.  The "Effective Date" of the Plan is _______________.

RESTATED PLAN. The restated Effective Date is APRIL 1, 1997.

This Plan is a substitution and amendment of an existing retirement
plan(s)originally established JANUARY 1, 1990. [NOTE: SEE THE EFFECTIVE DATE
ADDENDUM.]

         1.27 HOUR OF SERVICE. The crediting method for Hours of Service is:
(CHOOSE (A) OR (B))

[x]      (a) The actual method.

[_]      (b) The __________________ equivalency method, except:

         [_]      (1) No exceptions.

                                       3
<PAGE>
         [_]      (2) The actual method applies for purposes of: (CHOOSE AT
                  LEAST ONE)

                  [_]      (i) Participation under Article II.

                  [_]      (ii) Vesting under Article V.

                  [_]      (iii) Accrual of benefits under Section 3.06.

[NOTE: ON THE BLANK LINE, INSERT "DAILY," "WEEKLY," "SEMI-MONTHLY PAYROLL
PERIODS" OR "MONTHLY."]

         1.29 SERVICE FOR PREDECESSOR EMPLOYER. In addition to the predecessor
service the Plan must credit by reason of Section 1.29 of the Plan, the Plan
credits Service with the following predecessor employer(s): ELECTRONICS
ACQUISITION, INC., EMD ASSOCIATES, INC. Service with the designated predecessor
employer(s) applies: (CHOOSE AT LEAST ONE OF (A) OR (B); (C) IS AVAILABLE ONLY
IN ADDITION TO (A) OR (B))

[x]      (a) For purposes of participation under Article II.

[x]      (b) For purposes of vesting under Article V.

[_]      (c) Except the following Service:___________________________________ .

[NOTE: IF THE PLAN DOES NOT CREDIT ANY PREDECESSOR SERVICE UNDER THIS PROVISION,
INSERT "N/A" IN THE FIRST BLANK LINE. THE EMPLOYER MAY ATTACH A SCHEDULE TO THIS
ADOPTION AGREEMENT, IN THE SAME FORMAT AS THIS SECTION 1.29, DESIGNATING
ADDITIONAL PREDECESSOR EMPLOYERS AND THE APPLICABLE SERVICE CREDITING
ELECTIONS.]

         1.31 LEASED EMPLOYEES. If a Leased Employee is a Participant in the
Plan and also participates in a plan maintained by the leasing organization:
(CHOOSE (A) OR (B))

[N/A]    (a) The Advisory Committee will determine the Leased Employee's
         allocation of Employer contributions under Article III without taking
         into account the Leased Employee's allocation, if any, under the
         leasing organization's plan.

[_]      (b) The Advisory Committee will reduce a Leased Employee's allocation
         of Employer nonelective contributions (other than designated qualified
         nonelective contributions) under this Plan by the Leased Employee's
         allocation under the leasing organization's plan, but only to the
         extent that allocation is attributable to the Leased Employee's service
         provided to the Employer. The leasing organization's plan:

         [_]      (1) Must be a money purchase plan which would satisfy the
                  definition under Section 1.31 of a safe harbor plan,
                  irrespective of whether the safe harbor exception applies.

         [_]      (2) Must satisfy the features and, if a defined benefit plan,
                  the method of reduction described in an addendum to this
                  Adoption Agreement, numbered 1.31.

                                       4
<PAGE>
                                   ARTICLE II
                              EMPLOYEE PARTICIPANTS

         2.01 ELIGIBILITY.

ELIGIBILITY CONDITIONS. To become a Participant in the Plan, an Employee must
satisfy the following eligibility conditions: (CHOOSE (A) OR (B) OR BOTH; (C) IS
OPTIONAL AS AN ADDITIONAL ELECTION.)

[x]      (a) Attainment of age 21 (SPECIFY AGE, NOT EXCEEDING 21).

[x]      (b) Service requirement. (CHOOSE ONE OF (1) THROUGH (3).)

         [x]      (1) One Year of Service.

         [_]      (2) ___ months (not exceeding 12) following the Employee's
                  Employment Commencement Date.

         [_]      (3) One Hour of Service.

[_]      (c) Special requirements for non-401(k) portion of plan. (MAKE
         ELECTIONS UNDER (1) AND UNDER (2))

         (1) The requirements of this Option (c) apply to participation in:
         (CHOOSE AT LEAST ONE OF (I) THROUGH (iii))

                  [_]      (i) The allocation of Employer nonelective
                           contributions and Participant forfeitures.

                  [_]      (ii) The allocation of Employer matching
                           contributions (including forfeitures allocated as
                           matching contributions).

                  [_]      (iii) The allocation of Employer qualified
                           nonelective contributions.

         (2) For participation in the allocations described in (1), the
         eligibility conditions are: (CHOOSE AT LEAST ONE OF (I) THROUGH (IV))

                  [_]      (i) __ (one or two) Year(s) of Service, without an
                           intervening Break in Service (as described in Section
                           2.03(A) of the Plan) if the requirement is two Years
                           of Service.

                  [_]      (ii) __ months (not exceeding 24) following the
                           Employee's Employment Commencement Date.

                  [_]      (iii) One Hour of Service.

                  [_]      (iv) Attainment of age ___ (SPECIFY AGE, NOT
                           EXCEEDING 21).

PLAN ENTRY DATE. "Plan Entry Date" means the Effective Date and: (CHOOSE (D),
(E) OR (F)

[_]      (d) Semi-annual Entry Dates. The first day of the Plan Year and the
         first day of the seventh month of the Plan Year.

[_]      (e) The first day of the Plan Year.

[x]      (f) (SPECIFY ENTRY DATES) JANUARY 1, APRIL 1, JULY 1, OCTOBER 1
         COINCIDENT WITH COMPLETION OF ELIGIBILITY REQUIREMENTS OR UNDER (G)
         BELOW, WHICHEVER IS EARLIER.

                                       5
<PAGE>
TIME OF PARTICIPATION. An Employee will become a Participant (and, if
applicable, will participate in the allocations described in Option (c)(1)),
unless excluded under Adoption Agreement Section 1.07, on the Plan Entry Date
(if employed on that date): (CHOOSE (G), (H) OR (I))

[x]      (g) immediately following

[_]      (h) immediately preceding

[_]      (i) nearest

the date the Employee completes the eligibility conditions described in Options
(a) and (b) (or in Option (c)(2) if applicable) of this Adoption Agreement
Section 2.01. [NOTE: THE EMPLOYER MUST COORDINATE THE SELECTION OF (G), (H) OR
(I) WITH THE "PLAN ENTRY DATE" SELECTION IN (D), (E) OR (f). UNLESS OTHERWISE
EXCLUDED UNDER SECTION 1.07, THE 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 SS.410(A); OR (2) 6
MONTHS AFTER THE DATE THE EMPLOYEE COMPLETES THOSE REQUIREMENTS.]

DUAL ELIGIBILITY. The eligibility conditions of this Section 2.01 apply to:
(CHOOSE (J) OR (K))

[x]      (j) All Employees of the Employer, except: (CHOOSE (1) OR (2))

         [x]      (1) No exceptions.

         [_]      (2) Employees who are Participants in the Plan as of the
                  Effective Date.

[_]      (k) Solely to an Employee employed by the Employer after
         ________________. If the Employee was employed by the Employer on or
         before the specified date, the Employee will become a Participant:

         (CHOOSE (1), (2) OR (3))

         [_]      (1) On the latest of the Effective Date, his Employment
                  Commencement Date or the date he attains age _____ (not to
                  exceed 21).

         [_]      (2) Under the eligibility conditions in effect under the Plan
                  prior to the restated Effective Date. If the restated Plan
                  required more than one Year of Service to participate, the
                  eligibility condition under this Option (2) for participation
                  in the Code ss.401(k) arrangement under this Plan is one Year
                  of Service for Plan Years beginning after December 31, 1988.
                  [FOR RESTATED PLANS ONLY]

         [_]      (3) (SPECIFY)________________________________________________

         2.02 YEAR OF SERVICE - PARTICIPATION.

HOURS OF SERVICE.  An Employee must complete: (CHOOSE (A) OR (B))

[x]      (a) 1,000 Hours of Service

[_]      (b) __ Hours of Service

during an eligibility computation period to receive credit for a Year of
Service. [NOTE: THE HOURS OF SERVICE REQUIREMENT MAY NOT EXCEED 1,000.]

                                       6
<PAGE>
ELIGIBILITY COMPUTATION PERIOD. After the initial eligibility computation period
described in Section 2.02 of the Plan, the Plan measures the eligibility
computation period as: (CHOOSE (C) OR (D))

[_]      (c) The 12 consecutive month period beginning with each anniversary of
         an Employee's Employment Commencement Date.

[x]      (d) The Plan Year, beginning with the Plan Year which includes the
         first anniversary of the Employee's Employment Commencement Date.

     2.03 BREAK IN SERVICE - PARTICIPATION. The Break in Service rule described
in Section 2.03(B) of the Plan: (CHOOSE (A) OR (B))

[x]      (a)  Does not apply to the Employer's Plan.

[_]      (b)  Applies to the Employer's Plan.

         2.06 ELECTION NOT TO PARTICIPATE. The Plan: (CHOOSE (A) OR (B))

[x]      (a) Does not permit an eligible Employee or a Participant to elect not
         to participate.

[_]      (b) Does permit an eligible Employee or a Participant to elect not to
         participate in accordance with Section 2.06 and with the following
         rules: (COMPLETE (1), (2), (3) AND (4))

         (1)      An election is effective for a Plan Year if filed no later
                  than ___________________________________.

         (2)      An election not to participate must be effective for at least
                  ___ Plan Year(s).

         (3)      Following a re-election to participate, the Employee or
                  Participant:

                  [_]      (i) May not again elect not to participate for any
                           subsequent Plan Year.

                  [_]      (ii) May again elect not to participate, but not
                           earlier than the ____________Plan Year following the
                           Plan Year in which the re-election first was
                           effective.

                  (4)      (SPECIFY)_____________________________ [INSERT "NIA"
                           IF NO OTHER RULES APPLY].

                                   ARTICLE III
                     EMPLOYER CONTRIBUTIONS AND FORFEITURES

         3.01 AMOUNT.

PART I. [OPTIONS (A) THROUGH (G)] AMOUNT OF EMPLOYER'S CONTRIBUTION. The
Employer's annual contribution to the Trust will equal the total amount of
deferral contributions, matching contributions, qualified nonelective
contributions and nonelective contributions, as determined under this Section
3.01. (CHOOSE ANY COMBINATION OF (A), (B), (C) AND (D), OR CHOOSE (E))

[x]      (a) Deferral contributions (Codess.401(k) arrangement). (CHOOSE (1) OR
         (2) OR BOTH)

         [x]      (1) Salary reduction arrangement. The Employer must contribute
                  the amount by which the Participants have reduced their
                  Compensation for the Plan Year, pursuant to their salary
                  reduction agreements on file with the Advisory Committee. A
                  reference in the Plan to salary reduction contributions is a
                  reference to these amounts.

                                       7
<PAGE>
         [_]      (2) Cash or deferred arrangement. The Employer will contribute
                  on behalf of each Participant the portion of the Participant's
                  proportionate share of the cash or deferred contribution which
                  he has not elected to receive in cash. See Section 14.02 of
                  the Plan. The Employer's cash or deferred contribution is the
                  amount the Employer may from time to time deem advisable which
                  the Employer designates as a cash or deferred contribution
                  prior to making that contribution to the Trust.

[x]      (b) MATCHING CONTRIBUTIONS. The Employer will make matching
         contributions in accordance with the formula(s) elected in Part II of
         this Adoption Agreement Section 3.01.

[x]      (c) DESIGNATED QUALIFIED NONELECTIVE CONTRIBUTIONS. The Employer, in
         its sole discretion, may contribute an amount which it designates as a
         qualified nonelective contribution.

[x]      (d) NONELECTIVE CONTRIBUTIONS. (CHOOSE ANY COMBINATION OF (1) THROUGH
         (4))

         [x]      (1) Discretionary contribution. The amount (or additional
                  amount) the Employer may from time to time deem advisable.

         [_]      (2) The amount (or additional amount) the Employer may from
                  time to time deem advisable, separately determined for each of
                  the following classifications of Participants: (CHOOSE (I) OR
                  (II))

                  [_]      (i) Nonhighly Compensated Employees and Highly
                           Compensated Employees.

                  [_]      (ii) (SPECIFY CLASSIFICATIONS)
                           _________________________________________.

         Under this Option (2), the Advisory Committee will allocate the amount
         contributed for each Participant classification in accordance with Part
         11 of Adoption Agreement Section 3.04, as if the Participants in that
         classification were the only Participants in the Plan.

         [_]      (3) ___% of the Compensation of all Participants under the
                  Plan, determined for the Employer's taxable year for which it
                  makes the contribution. [NOTE: THE PERCENTAGE SELECTED MAY NOT
                  EXCEED 15 % . ]

         [_]      (4) ___% of Net Profits but not more than $_____________.

[_]      (e) FROZEN PLAN. This Plan is a frozen Plan effective _________. The
         Employer will not contribute to the Plan with respect to any period
         following the stated date.

NET PROFITS.  The Employer:  (CHOOSE (0 OR (G))

[x]      (f) Need not have Net Profits to make its annual contribution under
         this Plan.

[_]      (g) Must have current or accumulated Net Profits exceeding
         $____________ to make the following contributions: (CHOOSE AT LEAST
         ONE)

         [_]      (1) Cash or deferred contributions described in Option (a)(2).

         [_]      (2) Matching contributions described in Option (b), except:

         [_]      (3) Qualified nonelective contributions described in Option
                  (c).

         [_]      (4) Nonelective contributions described in Option (d).

                                       8
<PAGE>
The term "Net Profits" means the Employer's net income or profits for any
taxable year determined by the Employer upon the basis of its books of account
in accordance with generally accepted accounting practices consistently applied
without any deductions for Federal and state taxes upon income or for
contributions made by the Employer under this Plan or under any other employee
benefit plan the Employer maintains. The term "Net Profits" specifically
excludes N/A . [Note: ENTER "NIA" IF NO EXCLUSIONS APPLY.]

If the Employer requires Net Profits for matching contributions and the Employer
does not have sufficient Net Profits under Option (g), it will reduce the
matching contribution under a fixed formula on a prorata basis for all
Participants. A Participant's share of the reduced contribution will bear the
same ratio as the matching contribution the Participant would have received if
Net Profits were sufficient bears to the total matching contribution all
Participants would have received if Net Profits were sufficient. If more than
one member of a related group (as defined in Section 1.30) execute this Adoption
Agreement, each participating member will determine Net Profits separately but
will not apply this reduction unless, after combining the separately determined
Net Profits, the aggregate Net Profits are insufficient to satisfy the matching
contribution liability. "Net Profits" includes both current and accumulated Net
Profits.

PART II. [OPTIONS (H) THROUGH (J)] MATCHING CONTRIBUTION FORMULA. [NOTE: IF THE
EMPLOYER ELECTED OPTION (B), COMPLETE OPTIONS (H), (I) AND (J).]

[x]      (h) AMOUNT OF MATCHING CONTRIBUTIONS. For each Plan Year, the
         Employer's matching contribution IS: (CHOOSE ANY COMBINATION OF (1),
         (2), (3), (4) AND (5))

         [x]      (1) An amount equal to 50% of each Participant's eligible
                  contributions for the Plan Year.

         [_]      (2) An amount equal to _____% of each Participant's first tier
                  of eligible contributions for the Plan Year, plus the
                  following matching percentage(s) for the following subsequent
                  tiers of eligible contributions for the Plan .

         [_]      (3) Discretionary formula.

                  [_]      (i) An amount (or additional amount) equal to a
                           matching percentage the Employer from time to time
                           may deem advisable of the Participant's eligible
                           contributions for the Plan Year.

                  [_]      (ii) An amount (or additional amount) equal to a
                           matching percentage the Employer from time to time
                           may deem advisable of each tier of the Participant's
                           eligible contributions for the Plan Year.

         [_]      (4) An amount equal to the following percentage of each
                  Participant's eligible contributions for the Plan Year, based
                  on the Participant's Years of Service:

                NUMBER OF YEARS OF SERVICE               MATCHING PERCENTAGE

                         ____                                     ____
                         ____                                     ____
                         ____                                     ____
                         ____                                     ____
                         ____                                     ____

                  The Advisory Committee will apply this formula by determining
                  Years of Service as follows: ________________________________.

                                       9
<PAGE>
         [_]      (5) A Participant's matching contributions may not: (CHOOSE
                  (I) OR (II))

                  [_]      (i) Exceed ______________________________.

                  [_]      (ii) Be less than __________________________.

         RELATED EMPLOYERS. If two or more related employers (as defined in
         Section 1.30) contribute to this Plan, the related employers may elect
         different matching contribution formulas by attaching to the Adoption
         Agreement a separately completed copy of this Part II. NOTE: SEPARATE
         MATCHING CONTRIBUTION FORMULAS CREATE SEPARATE CURRENT BENEFIT
         STRUCTURES THAT MUST SATISFY THE MINIMUM PARTICIPATION TEST OF CODE
         SS.401 (A) (26). ]

[x]      (i) DEFINITION OF ELIGIBLE CONTRIBUTIONS. Subject to the requirements
         of Option (j), the term "eligible contributions" means: (CHOOSE ANY
         COMBINATION OF (1) THROUGH (3))

         [x]      (1) Salary reduction contributions.

         [_]      (2) Cash or deferred contributions (including any part of the
                  Participant's proportionate share of the cash or deferred
                  contribution which the Employer defers without the
                  Participant's election).

         [_]      (3) Participant mandatory contributions, as designated in
                  Adoption Agreement Section 4.01. See Section 14.04 of the
                  Plan.

[x]      (j) AMOUNT OF ELIGIBLE CONTRIBUTIONS TAKEN INTO ACCOUNT. When
         determining a Participant's eligible contributions taken into account
         under the matching contributions formula(s), the following rules apply:

         (CHOOSE ANY COMBINATION OF (1) THROUGH (4))

         [_]      (1) The Advisory Committee will take into account all eligible
                  contributions credited for thePlan Year.

         [x]      (2) The Advisory Committee will disregard eligible
                  contributions exceeding 6 % .

         [_]      (3) The Advisory Committee will treat as the first tier of
                  eligible contributions, an amount not exceeding:
                  _____________________________.

                  The subsequent tiers of eligible contributions are:
                  ________________________.

         [_]      (4) (SPECIFY)

PART 111. [OPTIONS (K) AND (1)]. SPECIAL RULES FOR CODESS.401(K) ARRANGEMENT.
(CHOOSE (K) OR (1), OR BOTH, AS APPLICABLE)

[x]      (k) SALARY REDUCTION AGREEMENTS. The following rules and restrictions
         apply to an Employee's salary reduction agreement: (MAKE A SELECTION
         UNDER (1), (2), (3) AND (4))

         (1) Limitation on amount. The Employee's salary reduction
         contributions: (CHOOSE (I) OR AT LEAST ONE OF (II) OR (III))

                  [_]      (i) No maximum limitation other than as provided in
                           the Plan.

                                       10
<PAGE>
                  [x]      (ii) May not exceed 17% of Compensation for the Plan
                           Year, subject to the annual additions limitation
                           described in Part 2 of Article III and the 402(g)
                           limitation described in Section 14.07 of the Plan.

                  [_]      (iii) Based on percentages of Compensation must equal
                           at least ________________.

         (2) An Employee may revoke, on a prospective basis, a salary reduction
         agreement: (CHOOSE (I), (II), (III) OR (IV))

                  [_]      (i) Once during any Plan Year but not later than
                           _______ of the Plan Year.

                  [_]      (ii) As of any Plan Entry Date.

                  [_]      (iii) As of the first day of any month.

                  [x]      (iv) (SPECIFY, BUT MUST BE AT LEAST ONCE PER PLAN
                           YEAR) AS OF THE FIRST DAY OF ANY PAYROLL PERIOD.

         (3) An Employee who revokes his salary reduction agreement may file a
         new salary reduction agreement with an effective date: (CHOOSE (I),
         (II), (III) OR (IV))

                  [_]      (i) No earlier than the first day of the next Plan
                           Year.

                  [x]      (ii) As of any subsequent Plan Entry Date . [_] (iii)
                           As of the first day of any month subsequent to the
                           month in which he revoked an Agreement.

                  [_]      (iv) (SPECIFY, BUT MUST BE AT LEAST ONCE PER PLAN
                           YEAR FOLLOWING THE PLAN YEAR OF REVOCATION)
                           ____________________________________.

         (4) A Participant may increase or may decrease, on a prospective basis,
         his salary reduction percentage or dollar amount: (CHOOSE (I), (II),
         (III) OR (IV))

                  [_]      (i) As of the beginning of each payroll period.

                  [_]      (ii) As of the first day of each month.

                  [x]      (iii) As of any Plan Entry Date.

                  [_]      (iv) (SPECIFY, BUT MUST PERMIT AN INCREASE OR A
                           DECREASE AT LEAST ONCE PER PLAN YEAR) ___.

[_]      (1) CASH OR DEFERRED CONTRIBUTIONS. For each Plan Year for which the
         Employer makes a designated cash or deferred contribution, a
         Participant may elect to receive directly in cash not more than the
         following portion (or, if less, the 402(g) limitation described in
         Section 14.07 of the Plan) of his proportionate share of that cash or
         deferred contribution: (CHOOSE (1) OR (2))

         [_]      (1) All or any portion.

         [_]      (2) _____________________% .

                                       11
<PAGE>
         3.04 CONTRIBUTION ALLOCATION. The Advisory Committee will allocate
deferral contributions, matching contributions, qualified nonelective
contributions and nonelective contributions in accordance with Section 14.06 and
the elections under this Adoption Agreement Section 3.04.

PART I. [OPTIONS (A) THROUGH (D)]. SPECIAL ACCOUNTING ELECTIONS. (CHOOSE
WHICHEVER ELECTIONS ARE APPLICABLE TO THE EMPLOYER'S PLAN)

[x]      (a) MATCHING CONTRIBUTIONS ACCOUNT. The Advisory Committee will
         allocate matching contributions to a Participant's: (CHOOSE (1) OR (2);
         (3) IS AVAILABLE ONLY IN ADDITION TO (1))

         [x]      (1) Regular Matching Contributions Account.

         [_]      (2) Qualified Matching Contributions Account.

         [_]      (3) Except, matching contributions under Option(s) _ of
                  Adoption Agreement Section 3.01 are allocable to the Qualified
                  Matching Contributions Account.

[x]      (b) SPECIAL ALLOCATION DATES FOR SALARY REDUCTION CONTRIBUTIONS. The
         Advisory Committee will allocate salary reduction contributions as of
         the Accounting Date and as of the following additional allocation
         dates: AS SOON AS ADMINISTRATIVELY FEASIBLE FOLLOWING RECEIPT BY THE
         TRUSTEE.

[x]      (c) SPECIAL ALLOCATION DATES FOR MATCHING CONTRIBUTIONS. The Advisory
         Committee will allocate matching contributions as of the Accounting
         Date and as of the following additional allocation dates: AS SOON AS
         ADMINISTRATIVELY FEASIBLE FOLLOWING RECEIPT BY THE TRUSTEE.

[x]      (d) DESIGNATED QUALIFIED NONELECTIVE CONTRIBUTIONS. Definition of
         Participant. For purposes of allocating the designated qualified
         nonelective contribution, "Participant" means: (CHOOSE (1), (2) OR (3))

         [_]      (1) All Participants.

         [_]      (2) Participants who are Nonhighly Compensated Employees for
                  the Plan Year.

         [x]      (3) (SPECIFY) PARTICIPANTS EMPLOYED ON THE LAST DAY OF THE
                  PLAN YEAR WHO ARE NONHIGHLY COMPENSATED EMPLOYEES FOR THE PLAN
                  YEAR.

PART II. METHOD OF ALLOCATION - NONELECTIVE CONTRIBUTION. Subject to any
restoration allocation required under Section 5.04, the Advisory Committee will
allocate and credit each annual nonelective contribution (and Participant
forfeitures treated as nonelective contributions) to the Employer Contributions
Account of each Participant who satisfies the conditions of Section 3.06, in
accordance with the allocation method selected under this Section 3.04. If the
Employer elects Option (e)(2), Option (g)(2) or Option (h), for the first 3% of
Compensation allocated to all Participants, "Compensation" does not include any
exclusions elected under Adoption Agreement Section 1.12 (other than the
exclusion of elective contributions), and the Advisory Committee must take into
account the Participant's Compensation for the entire Plan Year. (CHOOSE AN
ALLOCATION METHOD UNDER (E), (F), (G) OR (H); (I) IS MANDATORY IF THE EMPLOYER
ELECTS (F), (G) OR (H); (J) IS OPTIONAL IN ADDITION TO ANY OTHER ELECTION.)

[x]      (e) Nonintegrated Allocation Formula. (CHOOSE (1) OR (2))

         [x]      (1) The Advisory Committee will allocate the annual
                  nonelective contributions in the same ratio that each
                  Participant's Compensation for the Plan Year bears to the
                  total Compensation of all Participants for the Plan Year.

                                       12
<PAGE>
         [_]      (2) The Advisory Committee will allocate the annual
                  nonelective contributions in the same ratio that each
                  Participant's Compensation for the Plan Year bears to the
                  total Compensation of all Participants for the Plan Year. For
                  purposes of this Option (2), "Participant" means, in addition
                  to a Participant who satisfies the requirements of Section
                  3.06 for the Plan Year, any other Participant entitled to a
                  top heavy minimum allocation under Section 3.04(B), but such
                  Participant's allocation will not exceed 3 % of his
                  Compensation for the Plan Year.

[_]      (f) TWO-TIERED INTEGRATED ALLOCATION FORMULA - MAXIMUM DISPARITY.
         First, the Advisory Committee will allocate the annual Employer
         nonelective contributions in the same ratio that each Participant's
         Compensation plus Excess Compensation for the Plan Year bears to the
         total Compensation plus Excess Compensation of all Participants for the
         Plan Year. The allocation under this paragraph, as a percentage of each
         Participant's Compensation plus Excess Compensation, must not exceed
         the applicable percentage (5.7 % , 5.4 % or 4.3 %) listed under the
         Maximum Disparity Table following Option (i).

         The Advisory Committee then will allocate any remaining nonelective
         contributions in the same ratio that each Participant's Compensation
         for the Plan Year bears to the total Compensation of all Participants
         for the Plan Year.

[_]      (g) THREE-TIERED INTEGRATED ALLOCATION FORMULA. First, the Advisory
         Committee will allocate the annual Employer nonelective contributions
         in the same ratio that each Participant's Compensation for the Plan
         Year bears to the total Compensation of all Participants for the Plan
         Year. The allocation under this paragraph, as a percentage of each
         Participant's Compensation may not exceed the applicable percentage
         (5.7%, 5.4% or 4.3%) listed under the Maximum Disparity Table following
         Option (i). Solely for purposes of the allocation in this first
         paragraph, "Participant" means, in addition to a Participant who
         satisfies the requirements of Section 3.06 for the Plan Year: (CHOOSE
         (1) OR (2))

         [_]      (1) No other Participant.

         [_]      (2) Any other Participant entitled to a top heavy minimum
                  allocation under Section 3.04(B), but such Participant's
                  allocation under this Option (g) will not exceed 3 % of his
                  Compensation for the Plan Year.

         As a second tier allocation, the Advisory Committee will allocate the
         nonelective contributions in the same ratio that each Participant's
         Excess Compensation for the Plan Year bears to the total Excess
         Compensation of all Participants for the Plan Year. The allocation
         under this paragraph, as a percentage of each Participant's Excess
         Compensation, may not exceed the allocation percentage in the first
         paragraph.

         Finally, the Advisory Committee will allocate any remaining nonelective
         contributions in the same ratio that each Participant's Compensation
         for the Plan Year bears to the total Compensation of all Participants
         for the Plan Year.

[_]      (h) FOUR-TIERED INTEGRATED ALLOCATION FORMULA. First, the Advisory
         Committee will allocate the annual Employer nonelective contributions
         in the same ratio that each Participant's Compensation for the Plan
         Year bears to the total Compensation of all Participants for the Plan
         Year, but not exceeding 3% of each Participant's Compensation. Solely
         for purposes of this first tier allocation, a "Participant" means, in
         addition to any Participant who satisfies the requirements of Section
         3.06 for the Plan Year, any other Participant entitled to a top heavy
         minimum allocation under Section 3.04(B) of the Plan.

                                       13
<PAGE>
         As a second tier allocation, the Advisory Committee will allocate the
         nonelective contributions in the same ratio that each Participant's
         Excess Compensation for the Plan Year bears to the total Excess
         Compensation of all Participants for the Plan Year, but not exceeding 3
         % of each Participant's Excess Compensation.

         As a third tier allocation, the Advisory Committee will allocate the
         annual Employer contributions in the same ratio that each Participant's
         Compensation plus Excess Compensation for the Plan Year bears to the
         total Compensation plus Excess Compensation of all Participants for the
         Plan Year. The allocation under this paragraph, as a percentage of each
         Participant's Compensation plus Excess Compensation, must not exceed
         the applicable percentage (2.7 % , 2.4 % or 1.3 %) listed under the
         Maximum Disparity Table following Option (i).

         The Advisory Committee then will allocate any remaining nonelective
         contributions in the same ratio that each Participant's Compensation
         for the Plan Year bears to the total Compensation of all Participants
         for the Plan Year.

[_]      (i) EXCESS COMPENSATION. For purposes of Option (f), (g) or (h),
         "Excess Compensation" means Compensation in excess of the following
         Integration Level: (CHOOSE (1) OR (2))

         [_]      (1) __% (not exceeding 100%) of the taxable wage base, as
                  determined under Section 230 of the Social Security Act, in
                  effect on the first day of the Plan Year: (CHOOSE ANY
                  COMBINATION OF (I) AND (II) OR CHOOSE (III))

                  [_]      (i) Rounded to _______________ (but not exceeding the
                           taxable wage base).

                  [_]      (ii) But not greater than $_______.

                  [_]      (iii) Without any further adjustment or limitation.

         [_]      (2) $_____________ [NOTE: NOT EXCEEDING THE TAXABLE WAGE BASE
                  FOR THE PLAN YEAR IN WHICH THIS ADOPTION AGREEMENT FIRST IS
                  EFFECTIVE.]

MAXIMUM DISPARITY TABLE. For purposes of Options (f), (g) and (h), the
applicable percentage is:
<TABLE>
<CAPTION>
     INTEGRATION LEVEL (AS                 APPLICABLE PERCENTAGES FOR          APPLICABLE PERCENTAGES
PERCENTAGE OF TAXABLE WAGE BASE)             OPTION (F) OR OPTION (G)               FOR OPTION (H)
--------------------------------             ------------------------               --------------
<S>                                                  <C>                                <C>
100%                                                 5.7%                               2.7%
More than 80 % but less than 100%                    5.4%                               2.4%

More than 20% (but not less than $10,001)
and not more than 80 %                               4.3%                               1.3%

20 % (or $10,000, if greater) or less                5 .7%                              2.7%
</TABLE>
[_]      (j) ALLOCATION OFFSET. The Advisory Committee will reduce a
         Participant's allocation otherwise made under Part II of this Section
         3.04 by the Participant's allocation under the following qualified
         plan(s) maintained by the
         Employer:_____________________________________.

                                       14
<PAGE>
         The Advisory Committee will determine this allocation reduction:
         (CHOOSE (1) OR (2))

         [_]      (1) By treating the term "nonelective contribution" as
                  including all amounts paid or accrued by the Employer during
                  the Plan Year to the qualified plan(s) referenced under this
                  Option (j). If a Participant under this Plan also participates
                  in that other plan, the Advisory Committee will treat the
                  amount the Employer contributes for or during a Plan Year on
                  behalf of a particular Participant under such other plan as an
                  amount allocated under this Plan to that Participant's Account
                  for that Plan Year. The Advisory Committee will make the
                  computation of allocation required under the immediately
                  preceding sentence before making any allocation of nonelective
                  contributions under this Section 3.04.

         [_]      (2) In accordance with the formula provided in an addendum to
                  this Adoption Agreement, numbered 3.040).

TOP HEAVY MINIMUM ALLOCATION - METHOD OF COMPLIANCE. If a Participant's
allocation under this Section 3.04 is less than the top heavy minimum allocation
to which he is entitled under Section 3.04(B): (CHOOSE (K) OR (1))

[x]      (k) The Employer will make any necessary additional contribution to the
         Participant's Account, as described in Section 3.04(B)(7)(a) of the
         Plan.

[_]      (1) The Employer will satisfy the top heavy minimum allocation under
         the following plan(s) it maintains:__________________________________.
         However, the Employer will make any necessary additional contribution
         to satisfy the top heavy minimum allocation for an Employee covered
         only under this Plan and not under the other plan(s) designated in this
         Option (1). See Section 3.04(B)(7)(b) of the Plan.

If the Employer maintains another plan, the Employer may provide in an addendum
to this Adoption Agreement, numbered Section 3.04, any modifications to the Plan
necessary to satisfy the top heavy requirements under Code ss.416.

RELATED EMPLOYERS. If two or more related employers (as defined in Section 1.30)
contribute to this Plan, the Advisory Committee must allocate all Employer
nonelective contributions (and forfeitures treated as nonelective contributions)
to each Participant in the Plan, in accordance with the elections in this
Adoption Agreement Section 3.04: (CHOOSE (M) OR (N))

[x]      (m) Without regard to which contributing related group member employs
         the Participant.

[_]      (n) Only to the Participants directly employed by the contributing
         Employer. If a Participant receives Compensation from more than one
         contributing Employer, the Advisory Committee will determine the
         allocations under this Adoption Agreement Section 3.04 by prorating
         among the participating Employers the Participant's Compensation and,
         if applicable, the Participant's Integration Level under Option (i).

         3.05 FORFEITURE ALLOCATION. Subject to any restoration allocation
required under Sections 5.04 or 9.14, the Advisory Committee will allocate a
Participant forfeiture in accordance with Section 3.04: (CHOOSE (A) OR (B); (C)
AND (D) ARE OPTIONAL IN ADDITION TO (A) OR (B))

[x]      (a) As an Employer nonelective contribution for the Plan Year in which
         the forfeiture occurs, as if the Participant forfeiture were an
         additional nonelective contribution for that Plan Year.

                                       15
<PAGE>
[_]      (b) To reduce the Employer matching contributions and nonelective
         contributions for the Plan Year: (CHOOSE (1) OR (2))

         [_]      (1) in which the forfeiture occurs.

         [_]      (2) immediately following the Plan Year in which the
                  forfeiture occurs.

[x]      (c) To the extent attributable to matching contributions: (CHOOSE (1),
         (2) OR (3))

         [_]      (1) In the manner elected under Options (a) or (b).

         [_]      (2) First to reduce Employer matching contributions for the
                  Plan Year: (CHOOSE (I) OR (II))

                  [_]      (i) in which the forfeiture occurs,

                  [_]      (ii) immediately following the Plan Year in which the
                           forfeiture occurs,

                then as elected in Options (a) or (b).

         [x]      (3) As a discretionary matching contribution for the Plan Year
                  in which the forfeiture occurs, in lieu of the manner elected
                  under Options (a) or (b).

[_]      (d) First to reduce the Plan's ordinary and necessary administrative
         expenses for the Plan Year and then will allocate any remaining
         forfeitures in the manner described in Options (a), (b) or (c),
         whichever applies. If the Employer elects Option (c), the forfeitures
         used to reduce Plan expenses:

         (CHOOSE (1) OR (2))

         [_]      (1) relate proportionately to forfeitures described in Option
                  (c) and to forfeitures described in Options (a) or (b).

         [_]      (2) relate first to forfeitures described in Option ___.

ALLOCATION OF FORFEITED EXCESS AGGREGATE CONTRIBUTIONS. The Advisory Committee
will allocate any forfeited excess aggregate contributions (as described in
Section 14.09): (CHOOSE (E), (0 OR (G))

[x]      (e) To reduce Employer matching contributions for the Plan Year:
         (CHOOSE (1) OR (2))

         [x]      (1) in which the forfeiture occurs.

         [_]      (2) immediately following the Plan Year in which the
                  forfeiture occurs.

[_]      (f) As Employer discretionary matching contributions for the Plan Year
         in which forfeited, except the Advisory Committee will not allocate
         these forfeitures to the Highly Compensated Employees who incurred the
         forfeitures.

[_]      (g) In accordance with Options (a) through (d), whichever applies,
         except the Advisory Committee will not allocate these forfeitures under
         Option (a) or under Option (c)(3) to the Highly Compensated Employees
         who incurred the forfeitures.

                                       16
<PAGE>
         3.06   ACCRUAL OF BENEFIT.

COMPENSATION TAKEN INTO ACCOUNT. For the Plan Year in which the Employee first
becomes a Participant, the Advisory Committee will determine the allocation of
any cash or deferred contribution, designated qualified nonelective contribution
or nonelective contribution by taking into account: (CHOOSE (A) OR (B))

[x]      (a) The Employee's Compensation for the entire Plan Year.

[_]      (b) The Employee's Compensation for the portion of the Plan Year in
         which the Employee actually is a Participant in the Plan.

ACCRUAL REQUIREMENTS. Subject to the suspension of accrual requirements of
Section 3.06(E) of the Plan, to receive an allocation of cash or deferred
contributions, matching contributions, designated qualified nonelective
contributions, nonelective contributions and Participant forfeitures, if any,
for the Plan Year, a Participant must satisfy the conditions described in the
following elections: (CHOOSE (C) OR AT LEAST ONE OF (D) THROUGH (F))

[_]      (c) SAFE HARBOR RULE. If the Participant is employed by the Employer on
         the last day of the Plan Year, the Participant must complete at least
         one Hour of Service for that Plan Year. If the Participant is not
         employed by the Employer on the last day of the Plan Year, the
         Participant must complete at least 501 Hours of Service during the Plan
         Year.

[x]      (d) HOURS OF SERVICE CONDITION. The Participant must complete the
         following minimum number of Hours of Service during the Plan Year:
         (CHOOSE AT LEAST ONE OF (1) THROUGH (5))

         [x]      (1) 1,000 Hours of Service.

         [_]      (2) (SPECIFY, BUT THE NUMBER OF HOURS OF SERVICE MAY NOT
                  EXCEED 1,000) ________.

         [x]      (3) No Hour of Service requirement if the Participant
                  terminates employment during the Plan Year on account of:
                  (CHOOSE (I), (II) OR (III))

                  [x]      (i) Death.

                  [x]      (ii) Disability.

                  [x]      (iii) Attainment of Normal Retirement Age in the
                           current Plan Year or in a prior Plan Year.

         [_]      (4) Hours of Service (not exceeding 1,000) if the Participant
                  terminates employment with the Employer during the Plan Year,
                  subject to any election in Option (3).

         [x]      (5) No Hour of Service requirement for an allocation of the
                  following contributions: MATCHING CONTRIBUTIONS.

[x]      (e) EMPLOYMENT CONDITION. The Participant must be employed by the
         Employer on the last day of the Plan Year, irrespective of whether he
         satisfies any Hours of Service condition under Option (d), with the
         following exceptions: (CHOOSE (1) OR AT LEAST ONE OF (2) THROUGH (5))

         [_]      (1) No exceptions.

         [x]      (2) Termination of employment because of death.

         [x]      (3) Termination of employment because of disability.

                                       17
<PAGE>
         [x]      (4) Termination of employment following attainment of Normal
                      Retirement Age.

         [x]      (5) No employment condition for the following
                      contributions: MATCHING CONTRIBUTIONS.

[_]      (f) (SPECIFY OTHER CONDITIONS, IF APPLICABLE): _______________________.

SUSPENSION OF ACCRUAL REQUIREMENTS. The suspension of accrual requirements of
Section 3.06(E) of the Plan: (CHOOSE (G), (H) OR (I))

[_]      (g) Applies to the Employer's Plan.

[x]      (h) Does not apply to the Employer's Plan.

[_]      (i) Applies in modified form to the Employer's Plan, as described in an
         addendum to this Adoption Agreement, numbered Section 3.06(E).

SPECIAL ACCRUAL REQUIREMENTS FOR MATCHING CONTRIBUTIONS. If the Plan allocates
matching contributions on two or more allocation dates for a Plan Year, the
Advisory Committee, unless otherwise specified in Option (1), will apply any
Hours of Service condition by dividing the required Hours of Service on a
prorata basis to the allocation periods included in that Plan Year. Furthermore,
a Participant who satisfies the conditions described in this Adoption Agreement
Section 3.06 will receive an allocation of matching contributions (and
forfeitures treated as matching contributions) only if the Participant satisfies
the following additional condition(s): (CHOOSE (J) OR AT LEAST ONE OF (K) OR
(1))

[_]      (j) No additional conditions.

[_]      (k) The Participant is not a Highly Compensated Employee for the Plan
         Year. This Option (k) applies to: (CHOOSE (1) OR (2))

         [_]      (1) All matching contributions.

         [_]      (2) Matching contributions described in Option(s) of Adoption
                  Agreement Section 3.01.

[x]      (l) (SPECIFY) EXCESS MATCHING CONTRIBUTIONS WILL BE FORFEITED UNLESS
         DISTRIBUTED PURSUANT TO SECTION 14.08 OR 14.09.

         3.15 MORE THAN ONE PLAN LIMITATION. If the provisions of Section 3.15
apply, the Excess Amount attributed to this Plan equals: (CHOOSE (A), (B) OR
(C))

[_]      (a) The product of:

                (i) the total Excess Amount allocated as of such date (including
                any amount which the Advisory Committee would have allocated but
                for the limitations of Code ss.415), times

                (ii) the ratio of (1) the amount allocated to the Participant as
                of such date under this Plan divided by (2) the total amount
                allocated as of such date under all qualified defined
                contribution plans (determined without regard to the limitations
                of Code ss.415).

[x]      (b) The total Excess Amount.

[_]      (c) None of the Excess Amount.

                                       18
<PAGE>
         3.18 DEFINED BENEFIT PLAN LIMITATION.

APPLICATION OF LIMITATION. The limitation under Section 3.18 of the Plan:
(CHOOSE (A) OR (B))

[x]      (a) Does not apply to the Employer's Plan because the Employer does not
         maintain and never has maintained a defined benefit plan covering any
         Participant in this Plan.

[_]      (b) Applies to the Employer's Plan. To the extent necessary to satisfy
         the limitation under Section 3.18, the Employer will reduce: (CHOOSE
         (1) OR (2))

         [_]      (1) The Participant's projected annual benefit under the
                  defined benefit plan under which the Participant participates.

         [_]      (2) Its contribution or allocation on behalf of the
                  Participant to the defined contribution plan under which the
                  Participant participates and then, if necessary, the
                  Participant's projected annual benefit under the defined
                  benefit plan under which the Participant participates.

[NOTE: IF THE EMPLOYER SELECTS (A), THE REMAINING OPTIONS IN THIS SECTION 3.18
DO NOT APPLY TO THE EMPLOYER'S PLAN.]

COORDINATION WITH TOP HEAVY MINIMUM ALLOCATION. The Advisory Committee will
apply the top heavy minimum allocation provisions of Section 3.04(B) of the Plan
with the following modifications: (CHOOSE (C) OR AT LEAST ONE OF (D) OR (E))

[_]      (c) No modifications.

[_]      (d) For Non-Key Employees participating only in this Plan, the top
         heavy minimum allocation is the minimum allocation described in Section
         3.04(B) determined by substituting ___ % (not less than 4%) for "3 % ,"
         except: (CHOOSE (I) OR (II))

         [_]      (i) No exceptions.

         [_]      (ii) Plan Years in which the top heavy ratio exceeds 90%.

[_]      (e) For Non-Key Employees also participating in the defined benefit
         plan, the top heavy minimum is: (CHOOSE (1) OR (2))

         [_]      (1) 5 % of Compensation (as determined under Section 3.04(B)
                  or the Plan) irrespective of the contribution rate of any Key
                  Employee, except: (CHOOSE (I) OR (II))

                  [_]      (i) No exceptions.

                  [_]      (ii) Substituting "7 1/2%" for "5%" if the top heavy
                           ratio does not exceed 90% .

         [_]      (2) 0%. [NOTE: THE EMPLOYER MAY NOT SELECT THIS OPTION (2)
                  UNLESS THE DEFINED BENEFIT PLAN SATISFIES THE TOP HEAVY
                  MINIMUM BENEFIT REQUIREMENTS OF CODESS.416 FOR THESE NON-KEY
                  EMPLOYEES.]

ACTUARIAL ASSUMPTIONS FOR TOP HEAVY CALCULATION. To determine the top heavy
ratio, the Advisory Committee will use the following interest rate and mortality
assumptions to value accrued benefits under a defined benefit
plan:__________________ .

If the elections under this Section 3.18 are not appropriate to satisfy the
limitations of Section 3.18, or the top heavy requirements under Code ss.416,
the Employer must provide the appropriate provisions in an addendum to this
Adoption Agreement.

                                       19
<PAGE>
                                   ARTICLE IV
                            PARTICIPANT CONTRIBUTIONS

         4.01 PARTICIPANT NONDEDUCTIBLE CONTRIBUTIONS. The Plan: (CHOOSE (A) OR
(B); (C) IS AVAILABLE ONLY WITH (B))

[x]      (a) Does not permit Participant nondeductible contributions.

[_]      (b) Permits Participant nondeductible contributions, pursuant to
         Section 14.04 of the Plan.

[_]      (c) The following portion of the Participant's nondeductible
         contributions for the Plan Year are mandatory contributions under
         Option (i)(3) of Adoption Agreement Section 3.01: (CHOOSE (1) OR (2))

         [_]      (1) The amount which is not less than: ______________________.

         [_]      (2) The amount which is not greater than: ___________________.

ALLOCATION DATES. The Advisory Committee will allocate nondeductible
contributions for each Plan Year as of the Accounting Date and the following
additional allocation dates: (CHOOSE (D) OR (E))

[_]      (d)  No other allocation dates.

[_]      (e)  (SPECIFY)______________________________.

As of an allocation date, the Advisory Committee will credit all nondeductible
contributions made for the relevant allocation period. Unless otherwise
specified in (e), a nondeductible contribution relates to an allocation period
only if actually made to the Trust no later than 30 days after that allocation
period ends.

         4.05 PARTICIPANT CONTRIBUTION - WITHDRAWAL/DISTRIBUTION. Subject to the
restrictions of Article VI, the following distribution options apply to a
Participant's Mandatory Contributions Account, if any, prior to his Separation
from Service: (CHOOSE (A) OR AT LEAST ONE OF (B) THROUGH (D))

[_]      (a) No distribution options prior to Separation from Service.

[_]      (b) The same distribution options applicable to the Deferral
         Contributions Account prior to the Participant's Separation from
         Service, as elected in Adoption Agreement Section 6.03.

[_]      (c) Until he retires, the Participant has a continuing election to
         receive all or any portion of his Mandatory Contributions Account if:
         (CHOOSE (1) OR AT LEAST ONE OF (2) THROUGH (4))

         [_]      (1) No conditions.

         [_]      (2) The mandatory contributions have accumulated for at least
                  Plan Years since the Plan Year for which contributed.

         [_]      (3) The Participant suspends making nondeductible
                  contributions for a period of months.

         [_]      (4) (SPECIFY) ________________________________________.

[_]      (d) (SPECIFY) _____________________________.

                                       20
<PAGE>
                                    ARTICLE V
                  TERMINATION OF SERVICE - PARTICIPANT VESTING

         5.01 NORMAL RETIREMENT. Normal Retirement Age under the Plan is:
(CHOOSE (A) OR (B))

[x]      (a) 65 [STATE AGE, BUT MAY NOT EXCEED AGE 65].

[_]      (b) 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. [THE AGE
         SELECTED MAY NOT EXCEED AGE 65 AND THE ANNIVERSARY SELECTED MAY NOT
         EXCEED THE 5TH.]

         5.02 PARTICIPANT DEATH OR DISABILITY. The 100 % vesting rule under
Section 5.02 of the Plan: (CHOOSE (A) OR CHOOSE ONE OR BOTH OF (B) AND (C))

[_]      (a) Does not apply.

[x]      (b) Applies to death.

[x]      (c) Applies to disability.

         5.03 VESTING SCHEDULE.

DEFERRAL CONTRIBUTIONS ACCOUNT/QUALIFIED MATCHING CONTRIBUTIONS
ACCOUNT/QUALIFIED NONELECTIVE CONTRIBUTIONS ACCOUNT/MANDATORY CONTRIBUTIONS
ACCOUNT. A Participant has a 100% Nonforfeitable interest at all times in his
Deferral Contributions Account, his Qualified Matching Contributions Account,
his Qualified Nonelective Contributions Account and in his Mandatory
Contributions Account.

REGULAR MATCHING CONTRIBUTIONS ACCOUNT/EMPLOYER CONTRIBUTIONS ACCOUNT. With
respect to a Participant's Regular Matching Contributions Account and Employer
Contributions Account, the Employer elects the following vesting schedule:
(CHOOSE (A) OR (B); (C) AND (D) ARE AVAILABLE ONLY AS ADDITIONAL OPTIONS)

[_]      (a) Immediate vesting. 100% Nonforfeitable at all times. [NOTE: THE
         EMPLOYER MUST ELECT OPTION (A) IF THE ELIGIBILITY CONDITIONS UNDER
         ADOPTION AGREEMENT SECTION 2.01 (C) REQUIRE 2 YEARS OF SERVICE OR MORE
         THAN 12 MONTHS OF EMPLOYMENT.]

                                       21
<PAGE>
[x]      (b)  Graduated Vesting Schedules.
<TABLE>
<CAPTION>
                  TOP HEAVY SCHEDULE                                        NOT TOP HEAVY SCHEDULE
                    (MANDATORY)                                                    (OPTIONAL)

    Years of                               Nonforfeitable     Years of                                   Nonforfeitable
     SERVICE                                 PERCENTAGE        SERVICE                                     PERCENTAGE
    ---------                              --------------     ---------                                  ------------
<S>                                                    <C>             <C>
   Less than 1                                         0%    Less than 1                                              %
        1                                              0%         1                                                   %
        2                                             20%         2                                                   %
        3                                             40%         3                                                   %
        4                                             60%         4                                                   %
        5                                             80%         5                                                   %
    6 or more                                        100%         6                                                   %
                                                              7 or more                                            100%
</TABLE>
[_]      (c) Special vesting election for Regular Matching Contributions
         Account. In lieu of the election under Options (a) or (b), the Employer
         elects the following vesting schedule for a Participant's Regular
         Matching Contributions Account: (CHOOSE (1) OR (2))

         [_]      (1) 100% Nonforfeitable at all times.

         [_]      (2) In accordance with the vesting schedule described in the
                  addendum to this Adoption Agreement, numbered 5.03(c). [NOTE:
                  IF THE EMPLOYER ELECTS THIS OPTION (C) (2), THE ADDENDUM MUST
                  DESIGNATE THE APPLICABLE VESTING SCHEDULE (S) USING THE SAME
                  FORMAT AS USED IN OPTION (B).]

[NOTE: UNDER OPTIONS (B) AND (C) (2), THE EMPLOYER MUST COMPLETE A TOP HEAVY
SCHEDULE WHICH SATISFIES CODE SS.416. THE EMPLOYER, AT ITS OPTION, MAY COMPLETE
A NON TOP HEAVY SCHEDULE. THE NON TOP HEAVY SCHEDULE MUST SATISFY CODESS.411
(A)(2). ALSO SEE SECTION 7.05 OF THE PLAN.]

[x]      (d) The Top Heavy Schedule under Option (b) (and, if applicable, under
         Option (c)(2)) applies: (CHOOSE (1) OR (2))

         [_]      (1) Only in a Plan Year for which the Plan is top heavy.

         [x]      (2) In the Plan Year for which the Plan first is top heavy and
                  then in all subsequent Plan Years. [NOTE: THE EMPLOYER MAY NOT
                  ELECT OPTION (D) UNLESS IT HAS COMPLETED A NON TOP HEAVY
                  SCHEDULE.]

MINIMUM VESTING.   (CHOOSE (E) OR (F))

[x]      (e) The Plan does not apply a minimum vesting rule.

[_]      (f) A Participant's Nonforfeitable Accrued Benefit will never be less
         than the lesser of $ or his entire Accrued Benefit, even if the
         application of a graduated vesting schedule under Options (b) or (c)
         would result in a smaller Nonforfeitable Accrued Benefit.

LIFE INSURANCE INVESTMENTS. The Participant's Accrued Benefit attributable to
insurance contracts purchased on his behalf under Article XI is: (CHOOSE (G) OR
(H))

[N/A] (g) Subject to the vesting election under Options (a), (b) or (c).

[_]      (h) 100% Nonforfeitable at all times, irrespective of the vesting
         election under Options (b) or (c)(2).

                                       22
<PAGE>
         5.04 CASH-OUT DISTRIBUTIONS TO PARTIALLY-VESTED PARTICIPANTS/
RESTORATION OF FORFEITED ACCRUED BENEFIT. The deemed cash-out rule described in
Section 5.04(C) of the Plan: (CHOOSE (A) OR (B))

[_]      (a)  Does not apply.

[x]      (b) Will apply to determine the timing of forfeitures for 0% vested
         Participants. A Participant is not a 0% vested Participant if he has a
         Deferral Contributions Account.

         5.06 YEAR OF SERVICE - VESTING.

VESTING COMPUTATION PERIOD. The Plan measures a Year of Service on the basis of
the following 12 consecutive month periods: (CHOOSE (A) OR (B))

[x]      (a) Plan Years.

[_]      (b) Employment Years. An Employment Year is the 12 consecutive month
         period measured from the Employee's Employment Commencement Date and
         each successive 12 consecutive month period measured from each
         anniversary of that Employment Commencement Date.

HOURS OF SERVICE. The minimum number of Hours of Service an Employee must
complete during a vesting computation period to receive credit for a Year of
Service is: (CHOOSE (C) OR (D))

[x]      (c) 1,000 Hours of Service.

[_]      (d) ______________ Hours of Service. [NOTE: THE HOURS OF SERVICE
         REQUIREMENT MAY NOT EXCEED 1,000.]

         5.08 INCLUDED YEARS OF SERVICE - VESTING. The Employer specifically
excludes the following Years of Service: (CHOOSE (A) OR AT LEAST ONE OF (B)
THROUGH (E))

[x]      (a) None other than as specified in Section 5.08(a) of the Plan.

[_]      (b) Any Year of Service before the Participant attained the age of .
         Note: The age selected may not exceed age 18.]

[_]      (c) Any Year of Service during the period the Employer did not maintain
         this Plan or a predecessor plan.

[_]      (d) Any Year of Service before a Break in Service if the number of
         consecutive Breaks in Service equals or exceeds the greater of 5 or the
         aggregate number of the Years of Service prior to the Break. This
         exception applies only if the Participant is 0% vested in his Accrued
         Benefit derived from Employer contributions at the time he has a Break
         in Service. Furthermore, the aggregate number of Years of Service
         before a Break in Service do not include any Years of Service not
         required to be taken into account under this exception by reason of any
         prior Break in Service.

[_]      (e) Any Year of Service earned prior to the effective date of ERISA if
         the Plan would have disregarded that Year of Service on account of an
         Employee's Separation from Service under a Plan provision in effect and
         adopted before January 1, 1974.

                                       23
<PAGE>
                                   ARTICLE VI
                     TIME AND METHOD OF PAYMENTS OF BENEFITS

CODE SS.411(D)(6) PROTECTED BENEFITS. The elections under this Article VI may
not eliminate Code ss.411(d)(6) protected benefits. To the extent the elections
would eliminate a Code ss.41l(d)(6) protected benefit, see Section 13.02 of the
Plan. Furthermore, if the elections liberalize the optional forms of benefit
under the Plan, the more liberal options apply on the later of the adoption date
or the Effective Date of this Adoption Agreement.

         6.01 TIME OF PAYMENT OF ACCRUED BENEFIT.

DISTRIBUTION DATE. A distribution date under the Plan means ANY DY OF THE PLAN
YEAR . [Note: THE EMPLOYER MUST SPECIFY THE APPROPRIATE DATE (S). THE SPECIFIED
DISTRIBUTION DATES PRIMARILY ESTABLISH ANNUITY STARTING DATES AND THE NOTICE AND
CONSENT PERIODS PRESCRIBED BY THE PLAN. THE PLAN ALLOWS THE TRUSTEE AN
ADMINISTRATIVELY PRACTICABLE PERIOD OF TIME TO MAKE THE ACTUAL DISTRIBUTION
RELATING TO A PARTICULAR DISTRIBUTION DATE.]

NONFORFEITABLE ACCRUED BENEFIT NOT EXCEEDING $3,500. Subject to the limitations
of Section 6.01(A)(1), the distribution date for distribution of a
Nonforfeitable Accrued Benefit not exceeding $3,500 is: (CHOOSE (A), (B), (C),
(D) OR (E))

[_]      (a) __________of the ___________ Plan Year beginning after the
         Participant's Separation from Service.

[x]      (b) AS SOON AS ADMINISTRATIVELY FEASIBLE FOLLOWING RECEIPT BY THE
         TRUSTEE OF THE LAST PARTICIPANT DEPOSIT following the Participant's
         Separation from Service.

[_]      (c) ___ of the Plan Year after the Participant incurs ___ Break(s) in
         Service (as defined in Article V).

[_]      (d) ____ following the Participant's attainment of Normal Retirement
         Age, but not earlier than ___ days following his Separation from
         Service.

[_]      (e) (SPECIFY) ______________________________________.

NONFORFEITABLE ACCRUED BENEFIT EXCEEDS $3,500. See the elections under Section
6.03.

DISABILITY. The distribution date, subject to Section 6.01(A)(3), is: (CHOOSE
(0, (G) OR (H))

[_]      (f) after the Participant terminates employment because of disability.

[x]      (g) The same as if the Participant had terminated employment without
         disability.

[_]      (h) (SPECIFY) ________________________________________________________.

HARDSHIP. (CHOOSE (I) OR (J))

[x]      (i) The Plan does not permit a hardship distribution to a Participant
         who has separated from Service.

[_]      (j) The Plan permits a hardship distribution to a Participant who has
         separated from Service in accordance with the hardship distribution
         policy stated in: (CHOOSE (1), (2) OR (3))

         [_]      (1) Section 6.01(A)(4) of the Plan.

         [_]      (2) Section 14.11 of the Plan.

         [_]      (3) The addendum to this Adoption Agreement, numbered Section
                  6.01.

                                       24
<PAGE>
DEFAULT ON A LOAN. If a Participant or Beneficiary defaults on a loan made
pursuant to a loan policy adopted by the Advisory Committee pursuant to Section
9.04, the Plan: (CHOOSE (K), (L) OR (M))

[x]      (k) Treats the default as a distributable event. The Trustee, at the
         time of the default, will reduce the Participant's Nonforfeitable
         Accrued Benefit by the lesser of the amount in default (plus accrued
         interest) or the Plan's security interest in that Nonforfeitable
         Accrued Benefit. To the extent the loan is attributable to the
         Participant's Deferral Contributions Account, Qualified Matching
         Contributions Account or Qualified Nonelective Contributions Account,
         the Trustee will not reduce the Participant's Nonforfeitable Accrued
         Benefit unless the Participant has separated from Service or unless the
         Participant has attained age 591/2 .

[_]      (1) Does not treat the default as a distributable event. When an
         otherwise distributable event first occurs pursuant to Section 6.01 or
         Section 6.03 of the Plan, the Trustee will reduce the Participant's
         Nonforfeitable Accrued Benefit by the lesser of the amount in default
         (plus accrued interest) or the Plan's security interest in that
         Nonforfeitable Accrued Benefit.

[_]      (m) (SPECIFY)______________________________________________________.

         6.02 METHOD OF PAYMENT OF ACCRUED BENEFIT. The Advisory Committee will
apply Section 6.02 of the Plan with the following modifications: (CHOOSE (A) OR
AT LEAST ONE OF (B), (C), (D) AND (E))

[_]      (a) No modifications.

[_]      (b) Except as required under Section 6.01 of the Plan, a lump sum
         distribution is not available: ____.

[x]      (c) An installment distribution: (CHOOSE (1) OR AT LEAST ONE OF (2) OR
         (3))

         [_]      (1) Is not available under the Plan.

         [_]      (2) May not exceed the lesser of - years or the maximum period
                  permitted under Section 6.02.

         [x]      (3) (SPECIFY) ONLY A SERIES OF INSTALLMENTS CHOSEN BY THE
                  MEMBER WITH A MINIMUM PAYMENT EACH YEAR BEGINNING WITH THE
                  YEAR THE MEMBER TURNS AGE 70'H.

[x]      (d) The Plan permits the following annuity options: A STRAIGHT LIFE
         ANNUITY; SINGLE LIFE ANNUITIES WITH CERTAIN PERIODS OF FIVE, TEN, OR
         FIFTEEN YEARS; A SINGLE LIFE ANNUITY WITH INSTALLMENT REFUND;
         SURVIVORSHIP LIFE ANNUITIES WITH INSTALLMENT REFUND AND SURVIVOR
         PERCENTAGES OF 50, 66 2/3, OR 100; FIXED PERIOD ANNUITIES FOR ANYNERIOD
         OF WHOLE MONTHS WHICH IS NOT LESS THAN SIXTY AND DOES NOT EXCEED THE
         LIFE EXPECTANCY OF THE MEMBER AND THE NAMED BENEFICIARY AS PROVIDED
         WHERE THE LIFE EXPECTANCY IS NOT RECALCULATED.

         Any Participant who elects a life annuity option is subject to the
         requirements of Sections 6.04(A), (B), (C) and (D) of the Plan. See
         Section 6.04(E). [NOTE: THE EMPLOYER MAY SPECIFY ADDITIONAL ANNUITY
         OPTIONS IN AN ADDENDUM TO THIS ADOPTION AGREEMENT, NUMBERED 6.02(D).]

[x]      (e) If the Plan invests in qualifying Employer securities, as described
         in Section 10.03(F), a Participant eligible to elect distribution under
         Section 6.03 may elect to receive that distribution in Employer
         securities only in accordance with the provisions of the addendum to
         this Adoption Agreement, numbered 6.02(e).

                                       25
<PAGE>
         6.03 BENEFIT PAYMENT ELECTIONS.

PARTICIPANT ELECTIONS AFTER SEPARATION FROM SERVICE. A Participant who is
eligible to make distribution elections under Section 6.03 of the Plan may elect
to commence distribution of his Nonforfeitable Accrued Benefit: (CHOOSE AT LEAST
ONE OF (A) THROUGH (C))

[_]      (a) As of any distribution date, but not earlier than _________ of the
         ________ Plan Year beginning after the Participant's Separation from
         Service.

[x]      (b) As of the following date(s): (CHOOSE AT LEAST ONE OF OPTIONS (1)
         THROUGH (6))

         [_]      (1) Any distribution date after the close of the Plan Year in
                  which the Participant attains Normal Retirement Age.

         [x]      (2) Any distribution date following his Separation from
                  Service with the Employer.

         [_]      (3) Any distribution date in the _______________Plan Year(s)
                  beginning after his Separation from Service.

         [_]      (4) Any distribution date in the Plan Year after the
                  Participant incurs __________ Break(s) in Service (as defined
                  in Article V).

         [_]      (5) Any distribution date following attainment of age
                  ________and completion of at least ___ Years of Service (as
                  defined in Article V).

         [_]      (6) (SPECIFY) ______________________________________________.

         [_]      (c) (SPECIFY)

         The distribution events described in the election(s) made under Options
(a), (b) or (c) apply equally to all Accounts maintained for the Participant
unless otherwise specified in Option (c).

PARTICIPANT ELECTIONS PRIOR TO SEPARATION FROM SERVICE - REGULAR MATCHING
CONTRIBUTIONS ACCOUNT AND EMPLOYER CONTRIBUTIONS ACCOUNT. Subject to the
restrictions of Article VI, the following distribution options apply to a
Participant's Regular Matching Contributions Account and Employer Contributions
Account prior to his Separation from Service: (CHOOSE (D) OR AT LEAST ONE OF (E)
THROUGH (H))

[_]      (d) No distribution options prior to Separation from Service.

[_]      (e) Attainment of Specified Age. Until he retires, the Participant has
         a continuing election to receive all or any portion of his
         Nonforfeitable interest in these Accounts after he attains: (CHOOSE (1)
         OR (2))

         [_]      (1) Normal Retirement Age.

         [_]      (2) ______years of age and is at least ____% vested in these
                  Accounts. [NOTE: IF THE PERCENTAGE IS LESS THAN 100%, SEE THE
                  SPECIAL VESTING FORMULA IN SECTION 5.03.]

[_]      (f) After a Participant has participated in the Plan for a period of
         not less than years and he is 100% vested in these Accounts, until he
         retires, the Participant has a continuing election to receive all or
         any portion of the Accounts. [NOTE: THE NUMBER IN THE BLANK SPACE MAY
         NOT BE LESS THAN 5.]

                                       26
<PAGE>
[x]      (g) Hardship. A Participant may elect a hardship distribution prior to
         his Separation from Service in accordance with the hardship
         distribution policy: (CHOOSE (1), (2) OR (3); (4) IS AVAILABLE ONLY AS
         AN ADDITIONAL OPTION)

         [_]      (1) Under Section 6.01(A)(4) of the Plan.

         [x]      (2) Under Section 14.11 of the Plan.

         [_]      (3) Provided in the addendum to this Adoption Agreement,
                  numbered Section 6.03.

         [_]      (4) In no event may a Participant receive a hardship
                  distribution before he is at least ___% vested in these
                  Accounts. [NOTE: IF THE PERCENTAGE IN THE BLANK IS LESS THAN
                  100%, SEE THE SPECIAL VESTING FORMULA IN SECTION 5.03.]

[_]      (h) (SPECIFY)

[NOTE: THE EMPLOYER MAY USE AN ADDENDUM, NUMBERED 6.03, TO PROVIDE ADDITIONAL
LANGUAGE AUTHORIZED BY OPTIONS (B) (6), (C), (G) (3) OR (H) OF THIS ADOPTION
AGREEMENT SECTION 6.03. ]

PARTICIPANT ELECTIONS PRIOR TO SEPARATION FROM SERVICE - DEFERRAL CONTRIBUTIONS
ACCOUNT, QUALIFIED MATCHING CONTRIBUTIONS ACCOUNT AND QUALIFIED NONELECTIVE
CONTRIBUTIONS ACCOUNT. Subject to the restrictions of Article VI, the following
distribution options apply to a Participant's Deferral Contributions Account,
Qualified Matching Contributions Account and Qualified Nonelective Contributions
Account prior to his Separation from Service: (CHOOSE (I) OR AT LEAST ONE OF (J)
THROUGH (1))

[_]      (i) No distribution options prior to Separation from Service.

[x]      (j) Until he retires, the Participant has a continuing election to
         receive all or any portion of these Accounts after he attains: (CHOOSE
         (1) OR (2))

         [_]      (1) The later of Normal Retirement Age or age 591/2.

         [x]      (2) Age 591/2(at least 591/2).

[x]      (k) Hardship. A Participant, prior to this Separation from Service, may
         elect a hardship distribution from his Deferral Contributions Account
         in accordance with the hardship distribution policy under Section 14.11
         of the Plan.

[_]      (1) (SPECIFY) ___________________________________________________.
         [NOTE: OPTION (1) MAY NOT PERMIT IN SERVICE DISTRIBUTIONS PRIOR TO AGE
         59~'Z (OTHER THAN HARDSHIP) AND MAY NOT MODIFY THE HARDSHIP POLICY
         DESCRIBED IN SECTION 14.11.]

SALE OF TRADE OR BUSINESS/SUBSIDIARY. If the Employer sells substantially all of
the assets (within the meaning of Code ss.409(d)(2)) used in a trade or business
or sells a subsidiary (within the meaning of Code ss.409(d)(3)), a Participant
who continues employment with the acquiring corporation is eligible for
distribution from his Deferral Contributions Account, Qualified Matching
Contributions Account and Qualified Nonelective Contributions Account: (CHOOSE
(M) OR (N))

[_]      (m) only as described in this Adoption Agreement Section 6.03 for
         distributions prior to Separation from Service.

                                       27
<PAGE>
[x]      (n) As if he has a Separation from Service. After March 31, 1988, a
         distribution authorized solely by reason of this Option (n) must
         constitute a lump sum distribution, determined in a manner consistent
         with Code ss.401(k)(10) and the applicable Treasury regulations.

         6.04 ANNUITY DISTRIBUTIONS TO PARTICIPANTS AND SURVIVING SPOUSES. The
annuity distribution requirements of Section 6.04: (CHOOSE (A) OR (B))

[_]      (a) Apply only to a Participant described in Section 6.04(E) of the
         Plan (relating to the profit sharing exception to the joint and
         survivor requirements).

[x]      (b) Apply to all Participants.

                                   ARTICLE IX
       ADVISORY COMMITTEE - DUTIES WITH RESPECT TO PARTICIPANTS' ACCOUNTS

         9.10 VALUE OF PARTICIPANT'S ACCRUED BENEFIT. If a distribution (other
than a distribution from a segregated Account and other than a corrective
distribution described in Sections 14.07, 14.08, 14.09 or 14.10 of the Plan)
occurs more than 90 days after the most recent valuation date, the distribution
will include interest at: (CHOOSE (A), (B) OR (C))

[x]      (a) 0 % per annum. [NOTE: THE PERCENTAGE MAY EQUAL 0 % . ]

[_]      (b) The 90 day Treasury bill rate in effect at the beginning of the
         current valuation period.

[_]      (c) (SPECIFY)__________________________________________.

         9.11 ALLOCATION AND DISTRIBUTION OF NET INCOME GAIN OR LOSS. Pursuant
to Section 14.12, to determine the allocation of net income, gain or loss:
(COMPLETE ONLY THOSE ITEMS, IF ANY, WHICH ARE APPLICABLE TO THE EMPLOYER'S PLAN)

[x]      (a) For salary reduction contributions, the Advisory Committee will:
         (CHOOSE (1), (2), (3), (4) OR (5))

         [_]      (1) Apply Section 9.11 without modification.

         [_]      (2) Use the segregated account approach described in Section
                  14.12.

         [_]      (3) Use the weighted average method described in Section
                  14.12, based on a ____weighting period.

         [_]      (4) Treat as part of the relevant Account at the beginning of
                  the valuation period ____% of the salary reduction
                  contributions: (CHOOSE (I) OR (II))

                  [_]      (i) made during that valuation period.

                  [_]      (ii) made by the following specified time:

         [x]      (5) Apply the allocation method described in the addendum to
                  this Adoption Agreement numbered 9.11(a).

[x]      (b) For matching contributions, the Advisory Committee will: (CHOOSE
         (1), (2), (3) OR (4))

         [_]      (1) Apply Section 9.11 without modification.

                                       28
<PAGE>
         [_]      (2) Use the weighted average method described in Section
                  14.12, based on a ____weighting period.

         [_]      (3) Treat as part of the relevant Account at the beginning of
                  the valuation period __% of the matching contributions
                  allocated during the valuation period.

         [x]      (4) Apply the allocation method described in the addendum to
                  this Adoption Agreement numbered 9.11(b).

[_]      (c) For Participant nondeductible contributions, the Advisory Committee
         will: (CHOOSE (1), (2), (3), (4) OR (S))

         [_]      (1) Apply Section 9.11 without modification.

         [_]      (2) Use the segregated account approach described in Section
                  14.12.

         [_]      (3) Use the weighted average method described in Section
                  14.12, based on a _________ weighting period.

         [_]      (4) Treat as part of the relevant Account at the beginning of
                  the valuation period _____% of the Participant nondeductible
                  contributions: (CHOOSE (I) OR (II))

                  [_]      (i) made during that valuation period.

                  [_]      (ii) made by the following specified time:

         [_]      (5) Apply the allocation method described in the addendum to
                  this Adoption Agreement numbered 9.11(c).

                                    ARTICLE X
                    TRUSTEE AND CUSTODIAN, POWERS AND DUTIES

         10.03 INVESTMENT POWERS. Pursuant to Section 10.03[F] of the Plan, the
aggregate investments in qualifying Employer securities and in qualifying
Employer real property: (CHOOSE (A) OR (B))

[_]      (a) May not exceed 10% of Plan assets.

[x]      (b) May not exceed 100 % of Plan assets. [NOTE: THE PERCENTAGE MAY NOT
         EXCEED 100 % . ]

         10.14 VALUATION OF TRUST. In addition to each Accounting Date, the
Trustee must value the Trust Fund on the following valuation date(s): (CHOOSE
(A) OR (B))

[_]      (a) No other mandatory valuation dates.

[x]      (b) (SPECIFY) ANY DAY OF THE PLAN YEAR UPON WHICH ASSETS CAN BE
         PURCHASED OR SOLD, COMMONLY REFERRED TO AS "DAILY" ACCOUNTING.

                                       29
<PAGE>
                             EFFECTIVE DATE ADDENDUM
                              (RESTATED PLANS ONLY)

         The Employer must complete this addendum only if the restated Effective
Date specified in Adoption Agreement Section 1.18 is different than the restated
effective date for at least one of the provisions listed in this addendum. In
lieu of the restated Effective Date in Adoption Agreement Section 1.18, the
following special effective dates apply: (CHOOSE WHICHEVER ELECTIONS APPLY)

[_]      (a) COMPENSATION DEFINITION. The Compensation definition of Section
         1.12 (other than the $200,000 limitation) is effective for Plan Years
         beginning after _____________. [Note: MAY NOT BE EFFECTIVE LATER THAN
         THE FIRST DAY OF THE FIRST PLAN YEAR BEGINNING AFTER THE EMPLOYER
         EXECUTES THIS ADOPTION AGREEMENT TO RESTATE THE PLAN FOR THE TAX REFORM
         ACT OF 1986, IF APPLICABLE.]

[_]      (b) ELIGIBILITY CONDITIONS. The eligibility conditions specified in
         Adoption Agreement Section 2.01 are effective for Plan Years beginning
         after ______________________.

[_]      (c) SUSPENSION OF YEARS OF SERVICE. The suspension of Years of Service
         rule elected under Adoption Agreement Section 2.03 is effective for
         Plan Years beginning after ____________________.

[_]      (d) CONTRIBUTION/ALLOCATION FORMULA. The contribution formula elected
         under Adoption Agreement Section 3.01 and the method of allocation
         elected under Adoption Agreement Section 3.04 is effective for Plan
         Years beginning after ___________________.

[_]      (e) ACCRUAL REQUIREMENTS. The accrual requirements of Section 3.06 are
         effective for Plan Years beginning after ___________________.

[_]      (t) EMPLOYMENT CONDITION. The employment condition of Section 3.06 is
         effective for Plan Years beginning after ___________________.

[_]      (g) ELIMINATION OF NET PROFITS. The requirement for the Employer not to
         have net profits to contribute to this Plan is effective for Plan Years
         beginning after _________________________. [NOTE: THE DATE SPECIFIED
         MAY NOT BE EARLIER THAN DECEMBER 31, 1985.]

[_]      (h) VESTING SCHEDULE. The vesting schedule elected under Adoption
         Agreement Section 5.03 is effective for Plan Years beginning after
         _______________________.

[_]      (i) ALLOCATION OF EARNINGS. The special allocation provisions elected
         under Adoption Agreement Section 9.11 are effective for Plan Years
         beginning after ___________________.

[_]      (j) (SPECIFY)_________________________________________________________.

         For Plan Years prior to the special Effective Date, the terms of the
Plan 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 requirements.

                                       30
<PAGE>
                                 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
Master 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) signified its acceptance, on this _____________________day
of______________________, 1997.

Name and EIN of Employer: BENCHMARK ELECTRONICS, INC. EIN: #74-2211011

Signed: _______________________________________________________________________

Name(s) of Trustee: TEXAS COMMERCE BANK NATIONAL ASSOCIATION

Signed: _______________________________________________________________________

        _______________________________________________________________________

Name of Custodian:_____________________________________________________________

Signed:  ______________________________________________________________________

[NOTE: A TRUSTEE IS MANDATORY, BUT A CUSTODIAN IS OPTIONAL. SEE SECTION 10.03 OF
THE PLAN.]

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
3-digit number assigned to this Adoption Agreement (see page 1) is solely for
the Master Plan Sponsor's recordkeeping purposes and does not necessarily
correspond to the plan number the Employer designated in the prior paragraph.

MASTER PLAN SPONSOR. The Master Plan Sponsor identified on the first page of the
basic plan document will notify all adopting employers of any amendment of this
Master Plan or of any abandonment or discontinuance by the Master Plan Sponsor
of its maintenance of this Master Plan. For inquiries regarding the adoption of
the Master Plan, the Master Plan Sponsor's intended meaning of any plan
provisions or the effect of the opinion letter issued to the Master Plan
Sponsor, please contact the Master Plan Sponsor at the following address and
telephone number: P.O. BOX 2558, AVE$TA DIVISION, HOUSTON, TEXAS 77252-8342
(713) 750-7906.

RELIANCE ON OPINION LETTER. The Employer may not rely on the Master Plan
Sponsor's opinion letter covering this Adoption Agreement. For reliance on the
Plan's qualification, the Employer must obtain a determination letter from the
applicable IRS Key District office.

                                       31
<PAGE>
                             PARTICIPATION AGREEMENT
         FOR PARTICIPATION BY RELATED GROUP MEMBERS (PLAN SECTION 1.30)

         The undersigned Employer, by executing this Participation Agreement,
elects to become a Participating Employer in the Plan identified in Section 1.03
of the accompanying Adoption Agreement, as if the Participating Employer were a
signatory to that Agreement. The Participating Employer accepts, and agrees to
be bound by, all of the elections granted under the provisions of the Master
Plan as made by BENCHMARK ELECTRONICS, INC., the Signatory Employer to the
Execution Page of the Adoption Agreement.

         1.       The Effective Date of the undersigned Employer's participation
                  in the designated Plan is: APRIL 1, 1997.

         2.       The undersigned Employer's adoption of this Plan constitutes:

[_]      (a) The adoption of a new plan by the Participating Employer.

[x]      (b) The adoption of an amendment and restatement of a plan currently
         maintained by the Employer, identified as Benchmark Electronics, Inc.
         401(k) Employee Savings Plan, and having an original effective date of
         JANUARY 1, 1990.

         Dated this _________ day of _____________________, 1997.

                   Name of Participating Employer: ELECTRONICS ACQUISITION, INC.

                   Signed:_______________________________________________

                   Participating Employer's EIN: 76-0511592

ACCEPTANCE BY THE SIGNATORY EMPLOYER TO THE EXECUTION PAGE OF THE ADOPTION
AGREEMENT AND BY THE TRUSTEE.

                         Name of Signatory Employer: BENCHMARK ELECTRONICS, INC.

Accepted:_____________________
                [Date]             Signed:______________________________________

                         Name(s) of Trustee: Texas Commerce Bank National
                         Association

Accepted:_____________________
                [Date]             Signed:______________________________________

[NOTE: EACH PARTICIPATING EMPLOYER MUST EXECUTE A SEPARATE PARTICIPATION
AGREEMENT. SEE THE EXECUTION PAGE OF THE ADOPTION AGREEMENT FOR IMPORTANT MASTER
PLAN INFORMATION.]

                                       32
<PAGE>
                             PARTICIPATION AGREEMENT
         FOR PARTICIPATION BY RELATED GROUP MEMBERS (PLAN SECTION 1.30)

         The undersigned Employer, by executing this Participation Agreement,
elects to become a Participating Employer in the Plan identified in Section 1.03
of the accompanying Adoption Agreement, as if the Participating Employer were a
signatory to that Agreement. The Participating Employer accepts, and agrees to
be bound by, all of the elections granted under the provisions of the Master
Plan as made by BENCHMARK ELECTRONICS, INC., the Signatory Employer to the
Execution Page of the Adoption Agreement.

         1.       The Effective Date of the undersigned Employer's participation
                  in the designated Plan is: APRIL 1, 1997.

         2.       The undersigned Employer's adoption of this Plan constitutes:

[_]      (a) The adoption of a new plan by the Participating Employer.

[x]      (b) The adoption of an amendment and restatement of a plan currently
         maintained by the Employer, identified as Benchmark Electronics Inc.
         401(k) Employee Savings Plan, and having an original effective date of
         JANUARY 1, 1990.

         Dated this ____________ day of __________________, 1997.

                            Name of Participating Employer: EMD ASSOCIATES, INC.

                            Signed:________________________________________

                            Participating Employer's EIN: 41-1235318

ACCEPTANCE BY THE SIGNATORY EMPLOYER TO THE EXECUTION PAGE OF THE ADOPTION
AGREEMENT AND BY THE TRUSTEE.

                         Name of Signatory Employer: BENCHMARK ELECTRONICS, INC.

Accepted:______________
                [Date]              Signed:_____________________________________

                         Name(s) of Trustee: Texas Commerce Bank National
                         Association

Accepted:______________
                [Date]              Signed:_____________________________________

[NOTE: EACH PARTICIPATING EMPLOYER MUST EXECUTE A SEPARATE PARTICIPATION
AGREEMENT. SEE THE EXECUTION PAGE OF THE ADOPTION AGREEMENT FOR IMPORTANT MASTER
PLAN INFORMATION.]

                                       33
<PAGE>
                                ADDENDUM 5.03(A)
                             ADOPTION AGREEMENT #011
               NONSTANDARDIZED CODE SS.401(K) PROFIT SHARING PLAN

In lieu of the special vesting formula used in Section 5.03(A), to determine the
Participant's Nonforfeitable Accrued Benefit derived from Employer
contributions, the Advisory Committee will use the following formula: P(AB +
D)-D.

To apply this formula, "P" is the Participant's current vesting percentage at
the relevant time, "AB" is the Participant's Employer-derived Accrued Benefit at
the relevant time and "D" is the amount of the earlier distribution.

                                       34
<PAGE>
                               ADDENDUM 6.02(E) TO
                             ADOPTION AGREEMENT #011
               NONSTANDARDIZED CODE SS.401(K) PROFIT SHARING PLAN

         ADDITIONAL PROVISIONS CONCERNING QUALIFYING EMPLOYER SECURITIES

The following additional provisions concerning qualifying employer securities
are included as part of the Adoption Agreement completed by Benchmark
Electronics, Inc. ("Employer"), in accordance with Section 6.02(e) of the
Adoption Agreement:

(1)      ESTABLISHMENT OF THE BENCHMARK ELECTRONICS, INC. COMMON STOCK FUND. The
         investment options in Section 10.03[F] of the Plan include the ability
         to invest in "qualifying employer securities", as defined in section
         407(d)(5) of ERISA, which specifically includes shares of common stock
         of Benchmark Electronics, Inc., a Texas corporation ("Benchmark
         Electronics, Inc. Common Stock"). Texas Commerce Bank National
         Association ("Trustee") is expressly authorized to invest so much of
         the Trust Fund (up to 100% thereof as provided in Section 10.03 of the
         Adoption Agreement) in Benchmark Electronics, Inc. Common Stock as is
         necessary to invest Participant Account balances in Benchmark
         Electronics, Inc. Common Stock in accordance with the directions of the
         Participants under Section 10.03[B] of the Plan.

(2)      DIVIDENDS AND INCOME. All cash dividends, stock dividends, stock splits
         received by the Trustee with respect to Benchmark Electronics, Inc.
         Common Stock previously credited to a Participant's Account shall be
         credited to that Account upon receipt by the Trustee. All cash
         dividends will be used to purchase shares of Benchmark Electronics,
         Inc. Common Stock.

(3)      PURCHASES AND SALES OF COMMON STOCK. Except as provided below with
         respect to matching purchases and sales, all purchases and sales of
         Benchmark Electronics, Inc. Common Stock shall be on the open market,
         unless other arrangements are mutually agreed upon in writing by the
         Employer and the Trustee. Such purchases and sales of Benchmark
         Electronics, Inc. Common Stock shall be made in accordance with the
         following rules:

         (a)      In making purchases of Benchmark Electronics, Inc. Common
                  Stock on the open market, the Trustee shall execute the
                  purchases or sales of shares as soon as reasonably possible
                  following the receipt of instructions from the Participant,
                  and shall do so, in so far as reasonably possible, in the same
                  manner for all Participants similarly situated. The Trustee
                  shall determine, in its sole discretion (but in so far as
                  reasonably possible, treating all Participants similarly
                  situated in the same manner) the average price assigned to
                  shares of Benchmark Electronics, Inc. Common Stock purchased
                  in the "pricing period" during which such sale or purchase
                  occurs.

         (b)      The Trustee may, in its discretion, make separate trades or
                  may match the pending purchase and sale orders and only
                  execute the "net" purchase or sale. The price of such "net"
                  transaction (or the verage price assigned as provided in (a)
                  if applicable) shall be deemed to be the price paid or
                  obtained for the shares. The Trustee shall take any action
                  that it deems to be necessary or appropriate to ensure to the
                  extent, if any, necessary to comply with applicable law that
                  there is payment of no more, or receipt of no less, than
                  "adequate consideration" (as that term is defined in Section
                  3(18) of ERISA and regulations or other guidance issued
                  thereunder by the appropriate governmental authority) on the
                  date of the transaction (as determined by the Trustee) in the
                  case of the purchase or sale of Benchmark Electronics, Inc.
                  Common Stock.

                                       35
<PAGE>
         (c)      Any brokerage commissions, transfer fees and other similar
                  expenses actually incurred in any such sale or purchase shall
                  be equitably allocated among the shares purchased and sold
                  (including, without limitation, net transaction shares) during
                  such pricing period.

         (d)      Purchases shall be made only in full shares. Any cash
                  allocated to a Participant's Benchmark Electronics, Inc.
                  Common Stock Account which is not so invested shall be
                  invested in a money market fund within a reasonable time of
                  its receipt.

         (e)      It shall be the responsibility of the Employer to insure that
                  the Plan is registered under the Federal Securities Act of
                  1933, and no purchase of shares will be made if the Trustee
                  knows such registration is not in effect.

(4)      VOTING AND TENDER OF SHARES. The right to vote ("VOTING RIGHTS") and
         the right to tender ("TENDER RIGHTS") shares allocated to a
         Participant's Account(s) shall be passed through to such Participant.
         The Company may appoint an agent, (hereinafter "DESIGNATED AGENT") who
         shall be responsible for soliciting and tabulating proxies and tenders
         from Plan Participants or, in the absence of any such appointment, the
         Trustee shall perform such functions (future references shall, for
         convenience, assume a Designated Agent has been appointed). The Trustee
         shall provide Participant data required for such solicitation via
         magnetic media to the Designated Agent, to the extent the Participant
         account records contain the information required. Such information
         includes, but is not limited to: Participant name, Participant social
         security number, number of Benchmark Electronics, Inc. Common Stock
         shares held on the record date, and Participant mailing address. The
         Employer will provide the same information and materials to the
         Designated Agent (and to the Trustee for its records) for distribution
         to Plan Participants as is provided to other holders of Benchmark
         Electronics, Inc. Common Stock, and the Designated Agent shall certify
         to the Trustee that all such materials have been mailed or otherwise
         sent to all Participants. The results of the Participant's exercise of
         his Voting Rights or his Tender Rights will be provided by the
         Designated Agent to the Trustee in time for the Trustee to vote or
         tender (as the case may be) the shares in accordance with Participants'
         instructions.

         In the absence of the exercise of his Voting Rights or his Tender
         Rights, shares held in a Participant's Account(s) shall not be voted or
         tendered (as the case may be) by the Trustee. Shares held in the Trust
         other than in Participants' Account(s) shall not be voted or tendered
         by the Trustee except at the specific written direction of the
         Employer.

         Participant voting instructions may be transmitted in any reasonable
         form agreed upon by the Trustee and the Designated Agent.

         The Trustee and the Designated Agent shall act with respect to all
         matters relating to the exercise of Voting Rights and Tender Rights in
         such a way as to reasonably insure that there is no disclosure to the
         Employer or a related party of a Participant's vote or of acceptance of
         a tender offer. Notwithstanding the foregoing, unless otherwise advised
         in writing by the representative of the Employer responsible for
         working with the Trustee and Designated Agent to maintain
         confidentiality, the Trustee may furnish the Employer with information
         relating to the overall purchase, sale, voting, tender or similar
         matters relating to all of the shares held by the Trustee so long as
         such information does not identify, and cannot be reasonably
         anticipated as identifying the actions of any specific Participant with
         respect to such shares.

         Without limiting the generality of the foregoing, the Designated Agent
         shall establish procedures for the exercise of Tender Rights which will
         insure that a Participant who has directed any Designated Agent to
         tender or withhold from tender any or all of the shares may, at any
         time prior to the tender offer withdrawal deadline, instruct the
         Designated Agent to withdraw or tender, and the Designated Agent shall
         withdraw or tender such shares prior to the tender offer or withdrawal
         deadline. A Participant shall not be limited as to the number of
         instructions to tender or withdraw that the Participant may give to the
         Designated Agent.

                                       36
<PAGE>
         Agent shall withdraw or tender such shares prior to the tender offer or
         withdrawal deadline. A Participant shall not be limited as to the
         number of instructions to tender or withdraw that the Participant may
         give to the Designated Agent.

(5)      DISTRIBUTION OF ACCRUED BENEFITS. The portion of a Participant's
         Accrued Benefit payable under Article VI (other than a Hardship
         Withdrawal, which shall always be distributed in cash) shall be
         distributed entirely in cash or entirely by delivery of shares as
         directed by the Participant. In the event the Participant directs a
         distribution in cash, the Trustee shall sell the shares allocated to
         his Account as near as reasonably possible (as determined under a
         uniform procedure designed to treat Participants similarly situated in
         a similar manner) to the date of distribution.

         With regards to shares of Benchmark Electronics, Inc. Common Stock
         attributable to the Employer Stock Ownership Plan, if such shares are
         not readily tradable on an established securities market, the following
         provisions would apply:

         1)       To liquidate Benchmark Electronics, Inc. Common Stock to cash,
                  the Trustee may sell such Benchmark Electronics, Inc. Common
                  Stock to the Employer or Participating Employer. The proceeds
                  of such sales of Benchmark Electronics, Inc. Common Stock
                  shall be included in such Participant 's Accrued Benefit
                  payable.

         2)       In making sales of Benchnnark Electronics, Inc. Common Stock,
                  the Trustee shall exercise its discretion with respect to the
                  timing of such sales. If Benchmark Electronics, Inc. Common
                  Stock is sold to the Employer or a Participating Employer, the
                  sales price shall be determined by the Trustee as follows:
                  Benchmark Electronics, Inc. Common Stock shall be valued by
                  the Trustee on the basis of independent appraisals obtained
                  and approved by the Employer on a periodic basis.

         3)       In making purchases of Benchmark Electronics, Inc. Common
                  Stock, the Trustee shall exercise its discretion with respect
                  to the timing of such purchases and the determination of the
                  average prices assigned to shares of Benchmark Electronics,
                  Inc. Common Stock purchased over such period of time as the
                  Trustee deems appropriate. If the Trustee is an officer,
                  director or affiliate of the Employer, any purchase of
                  Benchmark Electronics, Inc. Common Stock shall be effected in
                  accordance with provisions of Rule lOb-18 of the Securities
                  Exchange Act of 1934.

         4)       No commissions or other fees shall be payable with respect to
                  any transaction with the Employer or a Participating Employer.

         5)       If Company Stock is distributed to a Participant, a
                  Participant has a right to require the Employer to repurchase
                  the Company Stock distributed to such Participant under a fair
                  valuation formula. Such Stock shall be subject to the
                  provisions of a put option. The put option shall be exercised
                  only by a Participant, by the Participant's donees, or by a
                  person (including an estate or its distributee) to whom the
                  Company Stock passes by reason of the Participant 's death.
                  The put option must permit a Participant to sale the Company
                  Stock to the Employer. Under no circumstances may the put
                  option bind the Plan. However, it shall grant the Plan an
                  option to assume the rights and obligations of the Employer at
                  the time that the put option is exercised.

                  The put option shall commence as of the day following the date
                  the Company Stock is distributed to the Former Participant and
                  end on the 60th day thereafter and if not exercised within
                  such 60 day period, an additional 60 day option shall commence
                  on the first day of the fifth month of the Plan .Year next
                  following the date the Stock was distributed to the Former
                  Participant. However, in the case of Company Stock that was
                  distributed but ceases to be so

                                       37
<PAGE>
                  traded within either of the 60 day periods described herein,
                  the Employer must notify each holder of such Company Stock in
                  writing on or before the tenth day after the date the Company
                  Stock ceases to be so traded that the remainder of the
                  applicable 60 day period the Company Stock is subject to the
                  put option. The number of days between the tenth day and the
                  date on which the notice is actually given, if later than the
                  tenth day, must be added to the duration of the put option.
                  The put option is exercised by the holder notifying the
                  Employer in writing that the put option is being exercised;
                  the notice shall state the name and address of the holder and
                  the number of shares to be sold. The period during which a put
                  option is exercisable does not include any time when a
                  distributee is unable to exercise it because the party bound
                  by the put option is prohibited from honoring it by applicable
                  Federal or State law. The price at which a put option must be
                  exercisable is the value of the Company Stock determined by
                  the Employer and Trustee as described above.

(6)      ACCOUNT REALIGNMENT. Participants may realign account investments at
         any time, including, without limitation, the Benchmark Electronics,
         Inc. Common Stock Account.

(7)      PARTIAL ACCOUNT LIQUIDATION. All in-service account liquidations, for
         such events as withdrawals, fee payments, or participant loans, shall
         be prorata, across all funds in the source or sources liquidated
         including, without limitation, Benchmark Electronics, Inc. Common
         Stock.

                                       38
<PAGE>
                                  ADDENDUM 9.11
                             ADOPTION AGREEMENT #011
               NONSTANDARDIZED CODE SS.401(K) PROFIT SHARING PLAN

Sections 9.11 (a)(5) and (b)(4) apply with the following modifications:

Participants shall not be entitled to share in any earnings allocated after
payment of the entire vested balance except to the extent the funds were
advanced from the Participant's account at the time of payment.

Contributions received in an account subsequent to the distribution of the total
vested balance shall be entitled to earnings until the vested balance is
distributed.

                                       39

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