Document:

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                                                                     Exhibit 4.1
                          THE RESTATED COTT USA 401(k)

                            SAVINGS & RETIREMENT PLAN

                As Restated and Amended Effective January 1, 1997
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                          THE RESTATED COTT USA 401(k)

                            SAVINGS & RETIREMENT PLAN

      WHEREAS, effective January 1, 1995, BCB USA Corp. (formerly named, Cott
Beverages USA, Inc.) (the "Employer") established the Cott USA 401(k) Savings &
Retirement Plan and Trust (the "Plan"), a profit sharing plan containing a
section 401(k) cash or deferred feature;

      WHEREAS, under Article 16 of the Plan, the Employer reserved the right to
amend the provisions of the Plan;

      WHEREAS, the Small Business Job Protection Act of 1996 and subsequent
legislation and regulations ("employee benefit changes") have made numerous
changes to the rules governing all qualified plans, including section 401(k)
plans, thereby requiring all qualified plans to be amended to reflect these
changes in order for such plans to retain their tax-qualified status;

      WHEREAS, the Internal Revenue Service has extended the "remedial amendment
period" for plans to be amended to comply with the employee benefit changes
through the last day of the first plan year beginning after December 31, 2000;
and

      WHEREAS, in light of the amendments that have previously been made to the
Plan, the need to amend the Plan to comply with the employee benefit changes,
and the desire of the Employer to convert from a non-standardized prototype to
an individually designed plan document, it has been decided to amend and
entirely restate the Plan.

                                      -i-
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                  NOW, THEREFORE, except as otherwise provide in the Plan,
effective January 1, 1997, the Plan is hereby amended and restated as set forth
herein.

                                      -ii-
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                                TABLE OF CONTENTS

             THE RESTATED COTT USA 401(k) SAVINGS & RETIREMENT PLAN

      I.         DEFINITIONS

      II.        ELIGIBILITY AND PARTICIPATION

      III.       CONTRIBUTIONS

      IV.        STATUTORY LIMITATIONS ON CONTRIBUTIONS

      V.         INVESTMENT OF TRUST ASSETS

      VI.        VALUATION OF TRUST ASSETS

      VII.       DISTRIBUTION OF ACCOUNT BALANCES

      VIII.      DESIGNATION OF BENEFICIARY

      IX.        LOANS

      X.         TOP HEAVY RULES

      XI.        ADMINISTRATION OF THE PLAN

      XII.       THE TRUST FUND

      XIII.      AMENDMENT, TERMINATION AND DISCONTINUANCE
                 OF CONTRIBUTIONS

      XIV.       MISCELLANEOUS
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                                    ARTICLE I

                                   DEFINITIONS

      1.1 "Account Balance" shall mean the sum of the account balances in the
Participant's Salary Deferral Account, Matching Account, Employer Account and
Rollover Account.

      1.2 "Adjusted Compensation" shall mean wages within the meaning of Section
3401(a) of the Code (without regard to any rules under Section 3401(a) that
limit the remuneration included in wages based on the nature or location of the
employment or services performed) received by an Employee during a Plan Year and
all other payments of compensation to the Employee during the Plan Year for
which the Employer is required to furnish a written statement under Sections
6041(d), 6051(a)(3) and 6052 of the Code.

      1.3 "Adjustment Factor" shall mean the cost of living adjustment factor
prescribed by the Secretary of the Treasury under Section 415(d) of the Code, as
applied to such items and in such manner as the Secretary shall provide.

      1.4 "Affiliate" shall mean any corporation which is a member of a
controlled group of corporations (as defined in Section 414(b) of the Code)
which includes the Employer; any trade or business (whether or not incorporated)
which is under common control (as defined in Section 414(c) of the Code) with
the Employer; and any organization (whether or not incorporated) which is a
member of an affiliated service group (as defined in Section 414(m) of the Code)
which includes the Employer.

      1.5 "Annual Additions" shall mean the total of all Salary Deferral
Contributions, Matching Contributions and Employer Contributions credited to
each Participant under this Plan for each Limitation Year. To the extent
applicable, Annual Additions shall also include amounts

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described in Sections 415(l) and 419A(d)(2) of the Code.

      1.6 "Beneficiary" shall mean the person, legal representative, estate or
trust designated under Article VIII to receive payments on account of the death
of the Participant.

      1.7 "Code" shall mean the Internal Revenue Code of 1986, as amended.

      1.8 "Committee" shall mean the Administrative Committee appointed by the
Company which administers the Plan pursuant to Article XI.

      1.9 "Company" shall mean BCB USA Corp., and any successors thereto;
provided, however, that prior to January 24, 2000 "Company" shall mean Cott
Beverages USA, Inc.

      1.10 "Company Stock" shall mean the common stock of Cott Corporation, as
traded on the NASDAQ National Market.

      1.11 "Compensation" shall mean salary, wages, bonuses, overtime,
gratuities, commissions and other remuneration received by a Participant for
personal services actually rendered in the course of employment with the
Employer during a Plan Year for the period of time during which he was a
Participant during such Plan Year. Compensation shall include Salary Deferral
Contributions hereunder, and any pre-tax salary reduction contributions under a
Code Section 125 plan but shall exclude all other employer contributions to this
Plan and to any other pension or profit sharing plan, or contributions made
under any insurance or welfare plan, reimbursement or other expense allowances,
moving expenses, fringe benefits, welfare benefits, car allowances and any
employer contributions to the Cott Beverages USA, Inc. Employee Stock Purchase
Plan.

      1.12 "Disability" shall mean a physical or mental condition of a
Participant which in the opinion of the Committee and based on medical evidence
is believed to be permanent and to render the Participant unfit to perform the
duties of an Employee, and for which he is either

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eligible for disability benefits under the Social Security Act or would have
been eligible for disability benefits under the Social Security Act if he had
satisfied the minimum employment requirements under such Act. In making its
determination, the Committee may employ a doctor who is licensed and qualified
to practice medicine in any state to examine the Participant and/or the
appropriate medical records, and then issue an opinion as to the disability of
the Participant involved.

      1.13 "Effective Date" of this Plan shall mean January 1, 1995.

      1.14 "Eligible Employee" shall mean, except as provided herein, any
Employee of the Employer who has reached age 18 and has completed a three-month
(six-month for individuals hired on or after July 1, 1999) Period of Service
(without regard to the number of Hours of Service completed during those
months). For purposes of the Plan, an Eligible Employee shall not include: (a)
any Employee who is included in a unit covered by a collective bargaining
agreement between Employee representatives and the Employer unless the
bargaining agreement specifically requires participation in this Plan; (b) any
Employee who is a non-resident alien and who receives no earned income from the
Employer which constitutes income from U.S. sources; or (c) any individual
retained directly or through a third party agency, including a leasing
organization within the meaning of Code Section 414(n)(2), to perform services
for the Employer (for either a definite or indefinite duration) in the capacity
of a temporary service worker, leased worker, independent contractor, consultant
or any similar capacity, to the extent that such individual is or has been
determined by a governmental entity, court, arbitrator, or other third party, to
be an employee of the Employer for any purpose, including tax withholding,
employment tax, employment law or for purposes of any other employee benefit
plan of the Employer.

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      1.15 "Employee" shall mean any individual hired by the Employer as an
employee. For purposes of this Plan, an Employee shall not include any
individual retained directly or through a third party agency, including a
leasing organization within the meaning of Code Section 414(n)(2), to perform
services for the Employer (for either a definite or indefinite duration) in the
capacity of a temporary service worker, leased worker, independent contractor,
consultant or any similar capacity.

      1.16 "Employer" shall mean the Company and any Affiliate which adopts the
Plan.

      1.17 "Employer Account" shall mean the separate account of a Participant
established and maintained in accordance with Section 3.5.

      1.18 "Employer Contribution" shall mean the employer contribution made by
the Employer in accordance with Section 3.3.

      1.19 "Employment Commencement Date" shall mean the first date on which an
Employee (or a returning Employee) completes an Hour of Service.

      1.20 "Entry Date" shall mean January 1, April 1, July 1 and October 1 of
each calendar year.

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

      1.22 "Fund" shall mean all funds and assets held and administered by the
Trustee at any time under the Trust, out of which payments under this Plan shall
be made.

      1.23 "Highly Compensated Employee" shall mean, with respect to the
Employer, an Employee who performed services for the Employer during the
"determination year" and at any time during the "determination year" or the
"look-back year" was a 5% owner of the Employer or any Affiliate, or who, during
the "look-back year," received Adjusted Compensation from the

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Employer or any Affiliate in excess of $80,000 (as adjusted pursuant to Section
415(d) of the Code).

      For purposes of this Section: (a) the "determination year" shall be the
Plan Year for which compliance is being tested, (b) the "look-back year" shall
be the 12-month period immediately preceding the determination year, and (c)
"Adjusted Compensation" shall include Salary Deferral Contributions and any
pre-tax salary reduction contributions under a Code Section 125 plan.

      If the Employer makes an election for any year in determining whether an
Employee is a Highly Compensated Employee for such year, the first paragraph
shall be applied by substituting "$80,000 (as adjusted pursuant to Section
415(d) of the Code) and who was a member of the 'top-paid group' for such year"
for "$80,000 (as adjusted pursuant to Section 415(d) of the Code)" therein. The
"top-paid group" for a look-back year shall consist of the top 20% of Employees
ranked on the basis of compensation received during the year excluding Employees
described in Section 414(q)(5) of the Code and Treasury Regulations thereunder.

      1.24 "Hour of Service" shall mean:

            (a) Each hour for which an Employee is paid, or entitled to payment,
for the performance of duties for the Employer.

            (b) Each hour for which an Employee is paid, or entitled to payment,
by the Employer on account of a period of time during which no duties are
performed due to vacation, holiday, illness, incapacity (including disability),
layoff, jury duty or military duty. Notwithstanding the preceding sentence, no
more than 501 Hours of Service shall be credited under this paragraph (b) to an
Employee on account of any single continuous period during which the Employee
performs no duties. The determination of Hours of Service for reasons other than
the

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performance of duties, and the crediting of such hours, shall be made in
accordance with the rules provided by Department of Labor Reg.
Sections 2530.200b-2(b) and (c).

            (c) Each hour for which back pay, irrespective of mitigation of
damages, is either awarded or agreed to by the Employer. The same Hours of
Service shall not be credited both under paragraph (a) or paragraph (b), as the
case may be, and under this paragraph (c). Crediting of Hours of Service for
back pay awarded or agreed to with respect to periods described in paragraph (b)
shall be subject to the limitations set forth in that paragraph.

      1.25 "Investment Funds" means the investment funds provided for in Section
12.2.

      1.26 "Limitation Year" shall mean the 12 month period corresponding with
the Plan Year.

      1.27 "Matching Account" shall mean the separate account of a Participant
established and maintained in accordance with Section 3.5.

      1.28 "Matching Contribution" shall mean the matching contribution made by
the Employer in accordance with Section 3.2.

      1.29 "Nonhighly Compensated Employee" shall mean an Employee of the
Employer who is not a Highly Compensated Employee.

      1.30 "Normal Retirement Date" shall mean the Participant's 65th birthday.

      1.31 (a) "One-Year Break in Service" means a Plan Year during which an
Employee fails to complete more than 500 Hours of Service.

            (b) Solely for purposes of determining whether an Employee has
incurred a One-Year Break in Service, an Employee who is absent from work for
maternity or paternity reasons shall receive credit for the Hours of Service
which would otherwise have been credited to such Employee but for such absence,
or in any case in which such hours cannot be

                                      I-6
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determined, 8 Hours of Service per day of such absence. For purposes of this
paragraph, an absence from work for maternity or paternity reasons means an
absence: (i) by reason of the pregnancy of the Employee; (ii) by reason of a
birth of a child of the Employee; (iii) by reason of the placement of a child
with the employee in connection with the adoption of such child by such
Employee; or (iv) for purposes of caring for such child for a period beginning
immediately following such birth or placement. The Hours of Service credited
under this paragraph shall be credited (A) in the Plan Year in which the absence
begins if the crediting is necessary to prevent a One-Year Break in Service in
that period, or (B) in all other cases, in the following Plan Year. This
paragraph shall not apply unless the Employee furnishes to the Committee such
timely information as the Committee may require to establish that the absence
from employment is for the reasons described above.

      1.32 (a) "One-Year Period of Severance" shall mean a twelve-month period
beginning on the Severance from Service Date and ending on the first anniversary
of such Date during which the Employee fails to perform an Hour of Service.

            (b) Solely for purposes of determining whether an Employee has
incurred a One-Year Period of Severance, an Employee who is absent from work for
maternity or paternity reasons shall not attain a Severance from Service Date
until the second anniversary of the first date of such absence. For purposes of
this paragraph, an absence from work for maternity or paternity reasons means an
absence: (i) by reason of the pregnancy of the Employee, (ii) by reason of a
birth of a child of the Employee, (iii) by reason of the placement of a child
with the Employee in connection with the adoption of such child by such
Employee, or (iv) for purposes of caring for such child for a period beginning
immediately following such birth or placement. This paragraph shall not apply
unless such Employee furnishes to the Committee such timely

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information as the Committee may require to establish that the absence from
employment is for the reasons described above and to establish the period for
which there was such an absence.

      1.33 "Participant" shall mean any Eligible Employee who participates in
the Plan as provided in Section 2.3 hereof. A Participant shall continue to be a
Participant as long as he has an Account Balance hereunder.

      1.34 "Period of Absence" shall mean an absence from service of 12 months
or less, with or without pay, for any reason other than a quit, discharge,
Retirement or death.

      1.35 (a) "Period of Service" shall mean a period of time commencing on the
Employee's Employment Commencement Date and ending on his Severance from Service
Date. A Period of Service shall include a Period of Absence within such Period
of Service.

            (b) All Periods of Service (and all Periods of Severance which are
counted as Periods of Service) shall, if noncontinuous, be aggregated and less
than three-month Periods of Service (whether or not consecutive) shall be
aggregated on the basis that three months of service shall equal a three-month
(or six-month, if applicable) Period of Service. For purposes of this
determination, a Period of Severance shall be counted as a Period of Service if:

                    (i) an Employee severs from service by reason of a quit,
               discharge or Retirement and then performs an Hour of Service
               within 12 months of the Severance from Service Date; or

                    (ii) an Employee severs from service by reason of a quit,
               discharge, or Retirement during a Period of Absence, and he
               performs an Hour of Service within 12 months of the date on which
               he was first absent from service.

           (c) Except as otherwise provided in Section 2.4(b):

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            (i) Any period during which an Employee was employed by Cott
      Distributors USA, Inc. on or after July 1, 1992, BCB Manufacturing USA,
      Inc. on or after May 31, 1994, Choice Brands USA, Inc. on or after May 31,
      1994, and Lakeport Brewing USA, Inc. on or after August 2, 1992 shall be
      treated as employment as an Employee for purposes of calculating a "Period
      of Service";

            (ii) If on August 2, 1992 an Employee was employed by Cott
      Distributors USA, Inc., any period during which such individual was
      employed by Comstock Michigan Fruit/Curtice Burns shall be treated as
      employment as an Employee for purposes of calculating a "Period of
      Service";

            (iii) If on October 18, 2000 an Employee was employed by Concord
      Beverage Company and on October 19, 2000 such Employee was employed by
      Concord Beverage L.P., any period during which such individual was
      employed by Concord Beverage Company shall be treated as employment as an
      Employee for purposes of calculating a "Period of Service"; and

            (iv) Any period during which an individual is employed by an
      Affiliate shall be treated as employment as an Employee for purposes of
      calculating a "Period of Service".

      1.36 "Period of Severance" shall mean the period of time commencing on the
Severance from Service Date and ending on the date on which the Employee again
performs an Hour of Service.

      1.37 "Plan" shall mean The Restated Cott USA 401(k) Savings & Retirement
Plan. The Plan is intended to be a profit sharing plan as described in Section
401(a)(27) of the Code.

      1.38 "Plan Administrator" shall mean the Committee.

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      1.39 "Plan Year" shall mean the calendar year.

      1.40 "Restatement Effective Date" shall mean, except as otherwise provided
herein, January 1, 1997.

      1.41 "Retirement" shall mean retirement by a Participant on or after
attaining his Normal Retirement Date.

      .42 "Rollover Account" shall mean the separate account of a Participant
established and maintained in accordance with Section 3.5.

      1.43 "Rollover Contribution" shall mean any rollover contributions made by
a Participant in accordance with Section 3.4.

      1.44 "Salary Deferral Account" shall mean the separate account of a
Participant established and maintained in accordance with Section 3.5.

      1.45 "Salary Deferral Contribution" shall mean the salary deferral
contribution contributed to the Plan in accordance with Section 3.1.

      1.46 (a) "Severance from Service Date" shall mean the earliest of (i) the
day on which an Employee quits, retires, is discharged or dies or (ii) the first
anniversary of a Period of Absence.

            (b) An Employee who is absent on account of an Approved Absence
shall not be considered to have attained a Severance from Service Date as a
result of such absence; provided, however, that this paragraph shall not apply
unless the Employee returns to work on the first working day following the
expiration of such Approved Absence.

            (c) For purposes of paragraph (b) of this Section 1.46, an "Approved
Absence" shall mean a leave of absence granted by the Employer under rules
uniformly applicable to all Employees similarly situated. An Approved Absence
shall be granted for such

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purposes as vacation, military service in the Armed Forces of the United States,
layoff or sickness. An Approved Absence shall not exceed 24 consecutive months,
or, in the case of a Participant in military service of the Armed Forces of the
United States, that period during which his re-employment rights are protected
by law.

      1.47 "Termination of Employment" shall mean the voluntary severance of
employment of an Employee, or the involuntary severance of employment of an
Employee by the Employer, other than severance of employment by reason of death,
Disability or Retirement under this Plan. For purposes of this Plan, an Employee
shall not be considered to have a Termination of Employment until such Employee
is no longer employed by the Employer or any Affiliate.

      1.48 "Trust" shall mean the instrument executed pursuant to Article XII by
the Employer and the Trustee.

      1.49 "Trustee" shall mean the trustee designated as such under the Trust.

      1.50 "Valuation Date" shall mean each business day.

      1.51 "Vested Percentage shall mean the portion of a Participant's Account
Balance that is nonforfeitable.

      1.52 (a) "Year of Service" shall mean any Plan Year during which an
Employee is credited with at least 1,000 Hours of Service.

           (b) Except as otherwise provided in paragraph (c) of this Section
1.52:

                    (i) Any period during which an Employee was employed by Cott
               Distributors USA, Inc. on or after July 1, 1992, BCB
               Manufacturing USA, Inc. on or after May 31, 1994, Choice Brands
               USA, Inc. on or after May 31, 1994, and Lakeport Brewing USA,
               Inc. on or after August 2, 1992 shall be treated as employment as
               an Employee for purposes of calculating a "Year of Service";

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            (ii) If on August 2, 1992 an Employee was employed by Cott
      Distributors USA, Inc., any period during which such individual was
      employed by Comstock Michigan Fruit/Curtice Burns shall be treated as
      employment as an Employee for purposes of calculating a "Year of Service";

            (iii) If on October 18, 2000 an Employee was employed by Concord
      Beverage Company and on October 19, 2000 such Employee was employed by
      Concord Beverage L.P., any period during which such individual was
      employed by Concord Beverage Company shall be treated as employment as an
      Employee for purposes of calculating a "Year of Service"; and

            (iv) Any period during which an individual is employed by an
      Affiliate shall be treated as employment as an Employee for purposes of
      calculating a "Year of Service".

         (c) If a Participant (i) ceases to be an Employee on account of his
      Termination of Employment, (ii) has not made any Salary Deferral
      Contributions under the Plan, (iii) has a Vested Percentage in his
      Matching Account and Employer Account equal to zero percent (0%), (iv)
      incurs five (5) consecutive One Year Breaks in Service, and (v) is
      reemployed by the Employer, in determining such Participant's Years of
      Service under the Plan, Years of Service shall be computed without regard
      to any Years of Service prior to the five (5) consecutive One-Year Breaks
      in Service.

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                                   ARTICLE II

                          ELIGIBILITY AND PARTICIPATION

      2.1 Any Eligible Employee who is a Participant in the Plan on the
Restatement Effective Date shall continue as a Participant subject to the terms
hereunder.

      2.2 (a) Any Eligible Employee who is not a Participant on the Restatement
Effective Date may become a Participant hereunder on any future Entry Date (or
on a subsequent date) in accordance with Section 2.3.

            (b) Each Employee who becomes an Eligible Employee after the
Restatement Effective Date may become a Participant hereunder on any Entry Date
after which such Employee becomes an Eligible Employee (or on a subsequent date)
in accordance with Section 2.3.

      2.3 An Eligible Employee shall become a Participant (i) by authorizing
Salary Deferral Contributions to the Plan in accordance with Section 3.1, or
(ii) if Employer Contributions are made by the Employer on such Eligible
Employee's behalf in accordance with Section 3.3.

      2.4 (a) Except as otherwise provided in paragraph (b) of this Section 2.4,
a Participant, or an Eligible Employee, who ceases to be an Eligible Employee or
who has a Termination of Employment with the Employer, shall again become
eligible to participate in the Plan as of the first date on which he completes
an Hour of Service as an Eligible Employee.

            (b) If a Participant or Eligible Employee (i) ceases to be an
Employee on account of his Termination of Employment, (ii) has not made any
Salary Deferral Contributions under the Plan, (iii) has a Vested Percentage in
his Matching Account and Employer Account equal to zero percent (0%), (iv)
incurs five (5) consecutive One-Year Periods of Severance, and

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(v) is reemployed by the Employer, in determining the date on which such
Employee shall again become an Eligible Employee eligible to participate in the
Plan, such Employee's Period of Service shall be computed without regard to any
Period of Service prior to the five (5) consecutive One-Year Periods of
Severance.

      2.5 Notwithstanding anything contained herein, if an individual was a
participant in the CBC 401(k) Plan on October 18, 2000 and was an Employee other
than an Employee described in clauses (a)-(c) of Section 1.14 on October 19,
2000, such individual may become a Participant hereunder on October 19, 2000 or
any Entry Date thereafter (or on a subsequent date) in accordance with Section
2.3.

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                                   ARTICLE III

                                  CONTRIBUTIONS

3.1 Salary Deferral Contributions.

      (a) (i) Each Eligible Employee may elect to become a Participant as of any
Entry Date after becoming an Eligible Employee by authorizing the Employer (on
the appropriate election form) to reduce his Compensation for a Plan Year by an
amount equal to from one percent (1%) to fifteen percent (15%) (in whole
percentages) of such Compensation and to have such amount deposited to the Plan
as a Salary Deferral Contribution hereunder.

          (ii) Each Eligible Employee shall file such election with the
Committee prior to the Entry Date as of which he elects to become a Participant.
The Eligible Employee's election shall specify the percentage of his
Compensation for each payroll period that is to be contributed to the Plan as a
Salary Deferral Contribution. The amount contributed to the Plan shall be
credited to the Participant's Salary Deferral Account. The election of the
Participant shall remain in effect unless a new election is made by the
Participant in accordance with paragraph (b) of this Section or Salary Deferral
Contributions are suspended in accordance with paragraph (c) of this Section.

      (b) A Participant may increase or decrease his Salary Deferral
Contributions, effective as soon as practicable but no earlier than the next
Entry Date, in the manner prescribed by the Committee.

      (c) A Participant may suspend his Salary Deferral Contributions, effective
as soon as practicable but no earlier than the first day of any payroll period,
in the manner prescribed by the Committee. Salary Deferral Contributions so
suspended may not be subsequently

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made up. A Participant may recommence Salary Deferral Contributions to the Plan,
effective as of any subsequent Entry Date but no earlier than ninety days after
the date Salary Deferral Contributions were suspended, in the manner prescribed
by the Committee. A Participant may only make one suspension of Salary Deferral
Contributions in any twelve-month period. Salary Deferral Contributions shall
cease automatically when a Participant ceases to be an Employee.

      3.2 Matching Contributions.

            For each payroll period, the Employer may make a Matching
Contribution to the Plan on behalf of each Participant who makes Salary Deferral
Contributions during such payroll period. The amount of such Matching
Contribution to be made for a payroll period shall be equal to one hundred
percent (100%) of the Salary Deferral Contributions made on behalf of the
Participant for that payroll period; provided, however, that in all cases, a
Participant's Salary Deferral Contributions for any payroll period in excess of
five percent (5%) of such Participant's Compensation for such payroll period
shall not be taken into account hereunder. If no Salary Deferral Contributions
are made on behalf of a Participant for a payroll period, no Matching
Contribution shall be made for such Participant for that payroll period. Any
Matching Contributions made hereunder shall be credited to the Participant's
Matching Account.

      3.3 Employer Contributions.

            (a) In addition to any Salary Deferral Contributions and Matching
Contributions to be made for a Plan Year, the Employer may elect to make an
Employer Contribution to the Plan for the Plan Year for each Eligible Employee
who is eligible for an allocation under paragraph (b) of this Section, in an
amount determined in the sole discretion of the Board of Directors of the
Company.

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            (b) An Eligible Employee shall be eligible to receive an allocation
of an Employer Contribution for a Plan Year only if:

                    (i) such Eligible Employee is an Eligible Employee on the
               last day of the Plan Year; and

                    (ii) such Eligible Employee has been credited with at least
               1,000 Hours of Service during such Plan Year.

            (c) Any Employer Contribution made for a Plan Year shall be
allocated as of the last day of such Plan Year to the Employer Account of each
Participant who is eligible for an allocation under paragraph (b) of this
Section in the proportion that each such Participant's Compensation for the Plan
Year bears to the total Compensation of all such Participants for the Plan Year.

      3.4 Rollover Contributions.

            (a) For the purpose of this Section, the term "Rollover
Contribution" shall mean any "rollover amount" described in Section 402(c) of
the Code (including any direct transfers within the meaning of Section
401(a)(31) of the Code) and any "rollover contribution" described in Section
408(d)(3)(A)(ii) of the Code.

            (b) Upon the written request of a Participant, the Committee shall
direct the Trustee to receive and accept funds constituting a Rollover
Contribution from or on behalf of such Participant. Such request shall set forth
the amount of the Rollover Contribution and the facts establishing that such
amount constitutes a Rollover Contribution within the meaning of paragraph (a)
of this Section. In no event shall the Trustee be obliged to (i) accept any
funds as a Rollover Contribution if, upon advice of counsel, the receipt thereof
could jeopardize the qualified or exempt status of the Plan or Trust, or (ii)
accept property as a Rollover Contribution.

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            (c) A Rollover Contribution shall become part of the Trust Fund, as
of the date such contribution is made, subject to the following provisions:

                    (i) A Rollover Contribution shall be credited to the
               Rollover Account of the Participant on whose behalf such
               contribution is made. Such account shall be maintained as a
               separate account in addition to any other accounts for such
               Participant.

                    (ii) A Participant shall be fully vested at all times in the
               his Rollover Account.

                    (iii) A Participant's interest in the Fund represented by
               his Rollover Account shall be distributed in full or segregated
               at the same time and in the same manner as such Participant's
               interest in the Fund as provided in Article VII.

            (d) The Committee may direct the Trustee to accept as part of a
Participant's Rollover Contribution any outstanding loan(s) that such
Participant may have under the qualified plan from which such Rollover
Contribution is being transferred; provided, however, that in the event that a
loan(s) is transferred to the Plan as part of a Participant's Rollover
Contribution, such loan(s) will continue to be held on the same terms as those
contained in the loan agreement between the Participant and the qualified plan
from which the loan(s) is rolled over, except that the Plan will be substituted
as the obligee of the loan(s).

            (e) For purposes of this Section 3.4, the term Participant shall
also include an Employee of the Employer, other than an Employee not eligible
for the Plan under clauses (a), (b) and (c) of Section 1.14.

                                     III-4
<PAGE>
      3.5 Maintenance of Accounts for Each Participant.

            The Committee shall maintain a separate Salary Deferral Account,
Matching Account, Employer Account, and Rollover Account in the name of each
Participant. The maintenance of separate accounts shall not require a
segregation of assets and shall not in any way limit the powers of the Trustee
or the Committee with respect to the operation of the Fund. Such accounts shall
at all times reflect the Account Balance of such Participant (or of his
Beneficiary); and the Account Balance of a Participant on any date shall equal
the sum of the balances in his accounts as of such date.

      3.6 Irrevocable Divestiture by the Employer.

            (a) Except as provided in Article IV and paragraphs (b) and (c) of
this Section, and notwithstanding any other provision of this Plan or of the
Trust to the contrary, the Employer irrevocably divests itself of any interest
or reversion whatsoever in any sums contributed by the Employer to the Fund, and
it shall be impossible for any portion of the Fund to be used for, or diverted
to, any purpose other than the exclusive benefit of Participants or their
Beneficiaries and for payment of reasonable administrative expenses as provided
in Section 14.4.

            (b) If a contribution is made to the Plan due to a mistake of fact,
such contribution shall be refunded to the Employer within one year of such
contribution.

            (c) All contributions by the Employer are conditioned upon their
deductibility under Section 404 of the Code, and if part or all of the deduction
for any contribution is disallowed, the contribution, to the extent disallowed,
shall be returned to the Employer within one year after the disallowance of the
deduction.

            (d) Refunds of contributions due to a mistake of fact or
disallowance of a deduction shall be governed by the following requirements:

                                     III-5
<PAGE>
            (i) Earnings attributable to the amount being refunded shall remain
      in the Plan, but losses thereto must reduce the amount to be refunded.

            (ii) In no event may a refund be made that would cause the Account
      Balance of any Participant to be reduced to less than what the
      Participant's Account Balance would have been had the mistaken or
      nondeductible amount not been contributed.

      3.7 Payment of Contributions to Trust Fund. The Employer shall make
payment of the Salary Deferral Contributions to the Fund under the terms hereof
not later than the 15th business day of the month after the month during which
such amounts would otherwise have been paid to the Employee or such other time
period permitted by applicable regulations. The Employer shall make the Matching
Contributions and Employer Contributions to the Fund under the terms hereof not
later than the due date for filing the Employer's Federal Income Tax Return for
its fiscal tax year, including any extensions thereto.

                                     III-6
<PAGE>
                                   ARTICLE IV

                     STATUTORY LIMITATIONS ON CONTRIBUTIONS

         4.1 Maximum Dollar Amount of Salary Deferral Contributions. For any
calendar year, a Participant shall not be permitted to make total Salary
Deferral Contributions to this Plan, which, when added to any other amounts
previously contributed as elective deferrals pursuant to Section 401(k) of the
Code to any other tax2 qualified plans maintained by the Employer or an
Affiliate, would exceed the maximum statutory limit of Section 402(g) of the
Code for that calendar year, as adjusted from time to time by the Adjustment
Factor. For purposes of this Section, Excess Deferrals that are distributed in
accordance with Section 4.2 shall be disregarded.

      4.2 Distribution of Excess Deferrals.

            (a) In General. Notwithstanding any other provision of the Plan,
Excess Deferrals and the income or loss allocable thereto shall be distributed,
where practicable, within the calendar year made, but in no event later than
April 15 of the following calendar year to Participants who either file timely
statements claiming such allocable Excess Deferrals, or who are deemed to have
claimed such allocable Excess Deferrals, for the preceding calendar year. Any
such distribution on or before the last day of the calendar year shall be made
after the date on which the Plan received the Excess Deferral. Such
distributions of Excess Deferrals and the income allocable thereto shall be
considered distributions of the Salary Deferral Contributions of the affected
Participants and, if returned after the end of the calendar year in which they
were contributed, shall be considered distributions of such contributions for
the preceding calendar year. Any Excess Deferrals and income allocable thereto
which are distributed pursuant to this Section 4.2 shall be distributed in the
following order of priority:

                                      IV-1

<PAGE>
                           (i) First, from the portion of the Salary Deferral
         Contributions made during the calendar year in which the Excess
         Deferral was made that was not subject to a Matching Contribution under
         Section 3.2; and

                           (ii) second, from the portion of the Salary Deferral
         Contributions made during the calendar year in which the Excess
         Deferral was made that was subject to a Matching Contribution under
         Section 3.2.

                  (b) Definition. For purposes of this Article IV:

                           (i) "Excess Deferrals" shall mean the excess of the
         total of the Participant's Salary Deferral Contributions made under
         this Plan and any other tax qualified plan maintained by the Employer
         or an Affiliate for any calendar year over the maximum statutory limit
         of Code Section 402(g) for such calendar year. Any such Excess
         Deferrals shall be deemed to have been claimed by the Participant as
         allocable Excess Deferrals and shall be distributed in accordance with
         paragraph (a) of this Section.

                           (ii) If the Participant also makes before-tax
         contributions for the calendar year to plans or arrangements described
         in Code Sections 401(k), 408(k) or 403(b) that are not maintained by
         the Employer or an Affiliate, then Excess Deferrals shall be the amount
         of excess Salary Deferral Contributions for such calendar year that the
         Participant allocates to this Plan pursuant to the claim procedures set
         forth in paragraph (c) of this Section.

                  (c) Excess Deferrals Claims Procedure. The Participant's claim
shall be in writing; shall be submitted to the Committee no later than March 1;
shall specify the Participant's Excess Deferrals for the preceding calendar
year; and shall be accompanied by the Participant's written statement that if
such amounts are not distributed, such Salary Deferral Contributions,

                                      IV-2
<PAGE>
when added to the before-tax contributions made under other plans or
arrangements described in Code Sections 401(k), 408(k) or 403(b) that are not
maintained by the Employer or any Affiliate exceed the limit imposed on the
Participant by Section 402(g) of the Code for the calendar year in which the
deferrals occurred. Any Excess Deferrals under this paragraph shall be
distributed in accordance with paragraph (a) of this Section.

                  (d) Determination of Income or Loss. Distributions of Excess
Deferrals shall be adjusted for income or loss by a reasonable method in
accordance with regulations prescribed by the Secretary of the Treasury;
provided, however, that no adjustment shall be made for any income or loss for
the period between the end of the calendar year and the date of distribution.

                  (e) Reduction For Excess Salary Deferral Contributions
Distributed. The amount of Excess Deferrals to be distributed with respect to
any Participant for the calendar year shall be reduced by the amount of Excess
Salary Deferral Contributions (as defined in Section 4.4(b)) previously
distributed to the Participant pursuant to Section 4.4(a) for the Plan Year
beginning with or within such calendar year. In the event of a reduction
pursuant to the terms of the preceding sentence, the amount of Excess Salary
Deferral Contributions includible in the gross income of the Participant and
reported by the Employer as a distribution of Excess Salary Deferral
Contributions shall be reduced by the amount of such reduction.

                  (f) Forfeiture of Matching Contributions. Any Matching
Contributions which are attributable to Salary Deferral Contributions required
to be distributed under paragraph (a) of this Section shall be forfeited as of
the date of the distribution of such Excess Deferrals.

         4.3 Limitations on Salary Deferral Contributions. Salary Deferral
Contributions of Eligible Employees who are Highly Compensated Employees for a
Plan Year shall be subject to

                                      IV-3
<PAGE>
the limitations of this Section. For purposes of this Section 4.3 and Section
4.4, Eligible Employees shall be those Eligible Employees who are eligible to
participate in the Plan for the applicable Plan Year.

                  (a) Average Actual Deferral Percentage. The Average Actual
Deferral Percentage for Eligible Employees who are Highly Compensated Employees
for the Plan Year must satisfy one of the following tests:

                           (i) The Average Actual Deferral Percentage for a Plan
         Year for Eligible Employees who are Highly Compensated Employees for
         the Plan Year shall not exceed the Average Actual Deferral Percentage
         for the prior Plan Year for Eligible Employees who were Nonhighly
         Compensated Employees for the prior Plan Year multiplied by 1.25; or

                           (ii) The excess of the Average Actual Deferral
         Percentage for a Plan Year for Eligible Employees who are Highly
         Compensated Employees for the Plan Year over the Average Actual
         Deferral Percentage for the prior Plan Year for Eligible Employees who
         were Nonhighly Compensated Employees for such prior Plan Year shall not
         exceed 2 percentage points, and the Average Actual Deferral Percentage
         for Eligible Employees who are Highly Compensated Employees for the
         Plan Year shall not exceed the Average Actual Deferral Percentage for
         the prior Plan Year for Eligible Employees who were Nonhighly
         Compensated Employees for such prior Plan Year multiplied by 2.

                           (iii) For the Plan Years beginning January 1, 1997,
         January 1, 1998, January 1, 1999 and January 1, 2000, in performing
         tests set forth in (i) and (ii) of this Section 4.3(a), the Average
         Actual Deferral Percentage for the prior

                                      IV-4
<PAGE>
         Plan Year for Eligible Employees who were Nonhighly Compensated
         Employees for the prior Plan Year shall be the Average Actual Deferral
         Percentage for the current Plan Year for Eligible Employees who are
         Nonhighly Compensated Employees for the current Plan Year.

                  (b) Definitions. For purposes of this Section, the following
definitions shall be used:

                           (i) "Actual Deferral Percentage" shall mean the ratio
         (expressed as a percentage) of Salary Deferral Contributions made on
         behalf of an Eligible Employee for a Plan Year (including Excess
         Deferrals of Highly Compensated Employees) to the Eligible Employee's
         ADP Compensation for such Plan Year.

                           (ii) "Average Actual Deferral Percentage" shall mean,
         for a specified group of Eligible Employees for a Plan Year, the
         average (expressed as a percentage) of the Actual Deferral Percentages
         of the Eligible Employees in such group for a Plan Year.

                           (iii) "ADP Compensation" shall mean for any Plan
         Year, Adjusted Compensation received during the Plan Year by an
         Eligible Employee; provided, however, that at the election of the
         Committee, ADP Compensation may be limited to Adjusted Compensation
         received by an Eligible Employee for the portion of the Plan Year in
         which such Eligible Employee was eligible to participate in the Plan.
         For purposes of this Section, Adjusted Compensation shall include
         Salary Deferral Contributions and any pre-tax salary reduction
         contributions under a Code Section 125 plan.

                                      IV-5
<PAGE>
                  (c) Special Rules.

                           (i) Except as provided below, if, in addition to this
         Plan, an Eligible Employee who is a Highly Compensated Employee
         participates in one or more cash or deferred arrangements of the
         Employer or an Affiliate for a Plan Year, all of such arrangements
         shall be treated as one cash or deferred arrangement for purposes of
         the determining the Actual Deferral Percentage of such Eligible
         Employee. However, if the cash or deferred arrangements have different
         plan years, this subparagraph shall be applied by treating all cash or
         deferred arrangements ending with or within the same calendar year as a
         single arrangement. Notwithstanding the foregoing, plans that are not
         permitted to be aggregated are not required to be aggregated for
         purposes of this subparagraph.

                           (ii) In the event that this Plan is aggregated with
         one or more other plans for purposes of Sections 401(a)(4) and 410(b)
         of the Code (other than for purposes of the average benefits percentage
         test), this Section 4.3 shall then be applied by determining the
         Average Actual Deferral Percentage of Eligible Employees as if all of
         such plans were a single plan. Plans may be aggregated under this
         subparagraph only if they have the same plan year.

                           (iii) If during a Plan Year the projected aggregate
         amount of Salary Deferral Contributions to be allocated to all
         Participants who are Highly Compensated Employees under this Plan would
         cause the Plan to fail to satisfy the tests set forth in Section
         4.3(a), the Committee may then automatically reduce or restrict Highly
         Compensated Employees' deferral elections made pursuant to

                                      IV-6
<PAGE>
         Section 3.1 by the amount necessary to satisfy one of the tests set
         forth in Section 4.3(a)

                           (iv) The determination and treatment of the Salary
         Deferral Contributions and the Actual Deferral Percentage of any
         Participant shall satisfy such other requirements as may be prescribed
         by the Secretary of the Treasury.

         4.4 Distribution of Excess Salary Deferral Contributions.

                  (a) In General. Notwithstanding any other provision of the
Plan, Excess Salary Deferral Contributions and income or loss allocable thereto
shall be distributed to those Participants on whose behalf such Salary Deferral
Contributions were made for a Plan Year based on the amount of contributions
made by such Participants in accordance with the provisions of Section
401(k)(8)(C) of the Code. Such distributions shall, to the extent practicable,
be made within 2-1/2 months after the close of such Plan Year (in order to avoid
the 10 percent excise tax under Section 4979 of the Code) and in no event later
than the last day of the Plan Year immediately following the Plan Year for which
such excess Salary Deferral Contributions were made. Such distributions of
Excess Salary Deferral Contributions and the income or loss allocable thereto
shall be considered distributions of the Salary Deferral Contributions of the
affected Participants for such Plan Year. Any Excess Salary Deferral
Contributions and income allocable thereto which are required to be distributed
pursuant to this Section 4.4 shall be distributed in the following order of
priority:

                           (i) First, from the portion of the Salary Deferral
         Contributions for the preceding Plan Year that was not subject to a
         Matching Contribution under Section 3.2; and

                                      IV-7
<PAGE>
                           (ii) second, from the portion of the Salary Deferral
         Contributions for the preceding Plan Year that was subject to a
         Matching Contribution under Section 3.2.

                  (b) Excess Salary Deferral Contributions. For purposes of this
Section, "Excess Salary Deferral Contributions" shall mean, with respect to any
Plan Year, the excess of:

                           (i) The aggregate amount of Salary Deferral
         Contributions actually taken into account in computing the Actual
         Deferral Percentages of Highly Compensated Employees for such Plan
         Year, over

                           (ii) the maximum amount of such contributions
         permitted by the Average Actual Deferral Percentage test described in
         Section 4.3(a) (determined by reducing contributions made on behalf of
         Highly Compensated Employees in order of the Actual Deferral
         Percentages, beginning with the highest of such percentages).

Excess Salary Deferral Contributions shall be considered as Annual Additions for
purposes of Section 4.7 even if they are distributed from the Plan.

                  (c) Determination of Income or Loss. Excess Salary Deferral
Contributions shall be adjusted for income or loss by a reasonable method in
accordance with regulations prescribed by the Secretary of the Treasury;
provided, however, that no adjustment shall be made for any income or loss
attributable to the period between the end of the Plan Year for which the Excess
Salary Deferral Contributions are being distributed and the date of
distribution.

                  (d) Reduction for Excess Deferrals Distributed. The amount of
Excess Salary Deferral Contributions to be distributed to the Participant
pursuant to this Section shall be re-

                                      IV-8
<PAGE>
duced by the amount of the Excess Deferrals previously distributed to the
Participant pursuant to Section 4.2 above for the Participant's taxable year
ending with or within the Plan Year.

                  (e) Forfeiture of Matching Contribution. Any Matching
Contributions which are attributable to Excess Salary Deferral Contributions
required to be distributed under paragraph (a) of this Section shall be
forfeited as of the date of the distribution of such Excess Salary Deferral
Contributions.

         4.5 Limitations on Matching Contributions. Matching Contributions of
Eligible Employees who are Highly Compensated Employees for a Plan Year shall be
subject to the limitations of this Section. For purposes of this Section 4.5 and
Section 4.6, Eligible Employees shall be those Employees who are eligible to
participate in the Plan for the applicable Plan Year.

                  (a) Average Actual Contribution Percentage. The Average Actual
Contribution Percentage for Eligible Employees who are Highly Compensated
Employees for the Plan Year must satisfy one of the following tests:

                           (i) The Average Actual Contribution Percentage for a
         Plan Year for Eligible Employees who are Highly Compensated Employees
         for the Plan Year shall not exceed the Average Actual Contribution
         Percentage for the prior Plan Year for Eligible Employees who were
         Nonhighly Compensated Employees for the prior Plan Year multiplied by
         1.25; or

                           (ii) The excess of the Average Actual Contribution
         Percentage for a Plan Year for Eligible Employees who are Highly
         Compensated Employees for the Plan Year over the Average Actual
         Contribution Percentage for the prior Plan Year for Eligible Employees
         who were Nonhighly Compensated Employees for such prior Plan Year shall
         not exceed 2 percentage points, and the Average

                                      IV-9
<PAGE>
         Actual Contribution Percentage for Eligible Employees who are Highly
         Compensated Employees for the Plan Year shall not exceed the Average
         Actual Contribution Percentage for the prior Plan Year for Eligible
         Employees who were Nonhighly Compensated Employees for such prior Plan
         Year multiplied by 2.

                           (iii) For the Plan Years beginning January 1, 1997,
         January 1, 1998, January 1, 1999 and January 1, 2000, in performing the
         tests set forth in (i) and (ii) of this Section 4.5(a), the Average
         Actual Contribution Percentage for the prior Plan Year for Eligible
         Employees who were Nonhighly Compensated Employees for the prior Plan
         Year shall be the Average Actual Contribution Percentage for the
         current Plan Year for Eligible Employees who are Nonhighly Compensated
         Employees for the current Plan Year.

                  (b) Definitions. For purposes of this Section, the following
definitions shall be used:

                           (i) "Actual Contribution Percentage" shall mean the
         ratio (expressed as a percentage) of Matching Contributions made on
         behalf of an Eligible Employee for a Plan Year to the Eligible
         Employee's ACP Compensation for such Plan Year.

                           (ii) "Average Actual Contribution Percentage" shall
         mean, for a specified group of Eligible Employees for a Plan Year, the
         average (expressed as a percentage) of the Actual Contribution
         Percentages of the Eligible Employees in such group for a Plan Year.

                           (iii) "ACP Compensation" shall mean for any Plan
         Year, Adjusted Compensation received during the Plan Year by an
         Eligible Employee;

                                     IV-10
<PAGE>
         provided, however, that at the election of the Committee, ACP
         Compensation may be limited to Adjusted Compensation received by an
         Eligible Employee for the portion of the Plan Year in which such
         Eligible Employee was eligible to participate in the Plan. For purposes
         of this Section, Adjusted Compensation shall include Salary Deferral
         Contributions and any pre-tax salary reduction contributions under a
         Code Section 125 plan.

                  (c) Special Rules.

                           (i) Except as provided below, if, in addition to this
         Plan, an Eligible Employee who is a Highly Compensated Employee
         participates in one or more cash or deferred arrangements of the
         Employer or an Affiliate for a Plan Year, all of such arrangements
         shall be treated as one cash or deferred arrangement for purposes of
         the determining the Actual Contribution Percentage of such Eligible
         Employee. However, if the cash or deferred arrangements have different
         plan years, this subparagraph shall be applied by treating all cash or
         deferred arrangements ending with or within the same calendar year as a
         single arrangement. Notwithstanding the foregoing, plans that are not
         permitted to be aggregated are not required to be aggregated for
         purposes of this subparagraph.

                           (ii) In the event that this Plan is aggregated with
         one or more other plans for purposes of Sections 401(a)(4) and 410(b)
         of the Code (other than for purposes of the average benefits percentage
         test), this Section 4.5 shall then be applied by determining the
         Average Actual Contribution Percentage of Eligible Employees as if all
         of such plans were a single plan. Plans may be aggregated under this
         subparagraph only if they have the same plan year.

                                     IV-11
<PAGE>
                           (iii) In determining the Actual Contribution
         Percentage of Highly Compensated Employees and/or Nonhighly Compensated
         Employees, the Committee may elect to treat Salary Deferral
         Contributions as Matching Contributions, provided that (A) the Plan
         satisfies the Average Actual Deferral Percentage limitation set forth
         in Section 4.3(a) prior to the exclusion of any Salary Deferral
         Contributions which are treated as Matching Contributions and (B) the
         Plan continues to satisfy the Actual Deferral Percentage limitation
         after the exclusion of such Salary Deferral Contributions.

                           (iv) The determination and treatment of the Matching
         Contributions and the Actual Contribution Percentage of any Participant
         shall satisfy such other requirements as may be prescribed by the
         Secretary of the Treasury.

                  (d) Multiple Use Limitation.

                           (i) Notwithstanding any other provision contained in
         this Section 4.5, if the Average Actual Deferral Percentage for a Plan
         Year for Eligible Employees who are Highly Compensated Employees
         satisfies the alternative set forth in subparagraph (ii) of Section
         4.3(a) but does not satisfy subparagraph (i) of Section 4.3(a), and the
         Average Actual Contribution Percentage for a Plan Year for Eligible
         Employees who are Highly Compensated Employees satisfies the
         alternative set forth in subparagraph (ii) of Section 4.5(a) but does
         not satisfy subparagraph (i) of Section 4.5(a), a special limitation
         shall apply. Under this limitation, the sum of the Average Actual
         Deferral Percentages for a Plan Year for the Eligible Employees who are
         Highly Compensated Employees plus the

                                     IV-12
<PAGE>
         Average Actual Contribution Percentages for such Plan Year for such
         Eligible Employees may not exceed the greater of:

                                    (A) the sum of the maximum Average Actual
                  Deferral Percentage permissible for Eligible Employees who are
                  Highly Compensated Employees under subparagraph (i) of Section
                  4.3(a) plus the maximum Average Actual Contribution Percentage
                  for such Eligible Employees under subparagraph (ii) of Section
                  4.5(a); or

                                    (B) the sum of the maximum Average Actual
                  Deferral Percentage permissible for Eligible Employees who are
                  Highly Compensated Employees under subparagraph (ii) of
                  Section 4.3(a) plus the maximum Average Actual Contribution
                  Percentage permissible for such Eligible Employees under
                  subparagraph (i) of Section 4.5(a).

                           (ii) In determining whether the Plan satisfies the
         multiple use limitation set forth in this paragraph (d), the Committee
         may elect to apply the rules set forth in subparagraph (iii) of Section
         4.5(c).

                           (iii) If the multiple use limitation set forth in
         this paragraph (d) is not satisfied, either Salary Deferral
         Contributions shall be distributed in accordance with the provisions of
         Section 4.4, or Matching Contributions shall be distributed or
         forfeited in accordance with the provisions of Section 4.6, to the
         extent necessary to satisfy such limitation.

         4.6 Distribution or Forfeiture of Excess Matching Contributions.

                  (a) In General. Notwithstanding any other provision of the
Plan, Excess Matching Contributions and income or loss allocable thereto shall
either be forfeited, if

                                     IV-13
<PAGE>
forfeitable under the provisions of Section 7.3, or distributed to those
Participants on whose behalf such Matching Contributions were made for a Plan
Year based on the amount of contributions made by such Participants in
accordance with the provisions of Section 401(m)(6)(C) of the Code. Such
distributions shall, to the extent practicable, be made within 2-1/2 months
after the close of such Plan Year (in order to avoid the 10 percent excise tax
under Section 4979 of the Code) and in no event later than the last day of the
Plan Year immediately following the Plan Year for which such excess Matching
Contributions were made. Such distributions of Excess Matching Contributions and
the income or loss allocable thereto shall be considered distributions of the
Matching Contributions of the affected Participants for such Plan Year.

                  (b) Excess Matching Contributions. For purposes of this
Section, "Excess Matching Contributions" shall mean, with respect to any Plan
Year, the excess of:

                           (i) The aggregate amount of Matching Contributions
         actually made on behalf of Highly Compensated Employees for such Plan
         Year, over

                           (ii) the maximum amount of Matching Contributions
         permitted by the Average Actual Contribution Percentage test described
         in Section 4.5(a) (determined by reducing contributions made on behalf
         of Highly Compensated Employees in order of the Actual Contribution
         Percentages, beginning with the highest of such percentages).

Excess Matching Contributions shall be considered as Annual Additions for
purposes of Section 4.7 even if they are distributed from the Plan.

                  (c) Determination of Income or Loss. Excess Matching
Contributions shall be adjusted for income or loss by a reasonable method in
accordance with regulations prescribed

                                     IV-14
<PAGE>
by the Secretary of the Treasury; provided, however, that no adjustment shall be
made for any income or loss attributable to the period between the end of the
calendar year and the date of distribution.

         4.7 Limitation on Contributions.

                  (a) The Annual Additions credited to a Participant under this
Plan for any Limitation Year shall not exceed the lesser of (i) 25 percent of
the Participant's Adjusted Compensation or (ii) $30,000 (as adjusted by the
Adjustment Factor).

                  (b) Notwithstanding the foregoing, the compensation limitation
referred to in subsection (a)(i) shall not apply to:

                           (i) Any amount otherwise treated as an Annual
         Addition under Section 415(l)(1) of the Code, or

                           (ii) Any contribution for medical benefits otherwise
         treated as an Annual Addition under Section 419A(d)(2).

                  (c) In applying the limitations of paragraph (a):

                           (i) All "defined contribution plans" of the Employer
         or its Affiliates shall be aggregated with this Plan.

                           (ii) If "annual additions" (within the meaning of
         Section 415(c)(2) of the Code) are credited to a Participant's accounts
         under any other qualified defined contribution plan maintained by the
         Employer or any Affiliate that is required to be aggregated under
         subparagraph (i), the maximum amount of Annual Additions that may be
         credited to such Participant under this Plan shall be limited to the
         excess of the limitations described in paragraph (a) over the amount

                                     IV-15
<PAGE>
         of the annual additions credited to the Participant under such other
         qualified defined contribution plans.

                  (d) For purposes of this Section: (i) "defined contribution
plan" shall mean a plan which provides for an individual account for each
Participant and for benefits based solely on the amount contributed to the
accounts of the Participant, and any income, expenses, gains and losses which
may be credited to such Participant's accounts; (ii) the definition of
"Affiliate" shall be modified by Section 415(h) of the Code; and (iii) effective
January 1, 1998, "Adjusted Compensation" shall include Salary Deferral
Contributions and any pre-tax salary reduction contributions under a Code
Section 125 plan.

                  (e) Subject to paragraph (f), in no event shall Annual
Additions be made under this Plan for any Participant in a Limitation Year to
the extent that there is an amount credited to such Participant's accounts in
excess of the maximum amount permitted under this Section.

                  (f) If the amount of Annual Additions which are credited to a
Participant under this Plan for any Limitation Year exceeds the maximum amount
permitted under this Section ("Excess Annual Additions"), and if such excess was
caused by the allocation of forfeitures, by a reasonable error in estimating the
Participant's Adjusted Compensation, by a reasonable error in determining the
amount of Salary Deferral Contributions that may be made with respect to the
Participant under the limitations of this Section, or by other limited facts and
circumstances, the Excess Annual Additions may be reduced for such Limitation
Year in the following manner:

                           (i) Salary Deferral Contributions (and any income
         attributable thereto) shall be distributed to the extent that such
         distributions reduce the Excess

                                     IV-16
<PAGE>
         Annual Additions. Any Salary Deferral Contributions that are so
         distributed shall not be considered as an Annual Addition for the
         Limitation Year and shall be disregarded for purposes of Sections 4.1,
         4.3 and 4.5.

                           (ii) If there remains any Excess Annual Additions
         after the application of subparagraph (i) of this paragraph, such
         Excess Annual Additions shall be used to reduce Matching Contributions
         for the next Limitation Year (and succeeding limitation Years, as
         necessary) for the Participant. However, if the Participant is not
         participating in the Plan for the applicable Limitation Year, the
         Excess Annual Additions shall be held in a suspense account for that
         Limitation Year and credited to the next Limitation Year to all
         remaining Participants in the same proportion as the Compensation paid
         to such Participants during such Limitation Year. Furthermore, the
         Excess Annual Additions shall be used to reduce Matching Contributions
         for the next Limitation Year (and succeeding Limitation Years, as
         necessary) for all of such Participants. Any Excess Annual Additions
         that are treated in accordance with this subparagraph (iii) for the
         Limitation Year shall not be considered as Annual Additions for such
         Limitation Year.

                           (iii) If there remains any Excess Annual Additions
         after the application of subparagraphs (i) and (ii) of this paragraph,
         such Excess Annual Additions shall be used to reduce Employer
         Contributions for the next Limitation Year (and succeeding limitation
         Years, as necessary) for the Participant. However, if the Participant
         is not participating in the Plan for the applicable Limitation Year,
         the Excess Annual Additions shall be held in a suspense account

                                     IV-17
<PAGE>
         for that Limitation Year and credited to the next Limitation Year to
         all remaining Participants in the same proportion as the Compensation
         paid to such Participants during such Limitation Year. Furthermore, the
         Excess Annual Additions shall be used to reduce Employer Contributions
         for the next Limitation Year (and succeeding Limitation Years, as
         necessary) for all of such Participants. Any Excess Annual Additions
         that are treated in accordance with this subparagraph (iii) for the
         Limitation Year shall not be considered as Annual Additions for such
         Limitation Year.

                           (iv) If a suspense account is in existence at any
         time during the Limitation Year, investment gains and losses and other
         income and expenses shall not be allocated to the suspense account.

                           (v) If this Plan is terminated and at the time of
         such termination a balance remains in the suspense account which,
         because of the limitations imposed by this Section, cannot be credited
         to any Participant, such balance shall revert to the Employer.

         4.8 Limitation on Compensation. For purposes of this Plan,
Compensation, ADP Compensation and ACP Compensation (collectively "Contribution
Compensation") of a Participant for a Plan Year in excess of $160,000 (as
adjusted by the Adjustment Factor under Section 401(a)(17)(B) of the Code) shall
not be taken into account.

                                     IV-18
<PAGE>
                                    ARTICLE V

                           INVESTMENT OF TRUST ASSETS

         5.1 Investment Funds.

                  (a) Except as provided in paragraph (b) of this Section, each
Participant's Accounts under the Plan shall be invested in the Investment Funds
in the proportions and amounts as determined by the Participant pursuant to
Section 5.2.

                  (b) Twenty-five percent (25%) of each Participant's Matching
Contributions shall be automatically invested in Company Stock and shall not be
transferred to any other Investment Funds under the Plan.

         5.2 Investment Options of Participants.

                  (a) Except as provided in 5.1(b), each Participant shall elect
to invest his Accounts in the Investment Funds maintained by the Trustee under
Section 12.2 in such proportions as the Participant shall indicate, up to the
sum of the account balances in the Accounts. Each Participant's initial
investment directions shall be given in writing to the Committee and shall be
signed by the Participant. All investment directions, including requests for
changes or transfers, shall be subject to such rules and regulations as the
Committee shall determine in a uniform and nondiscriminatory manner.

                  (b) The Trustee shall take such steps as are necessary to make
the investments in accordance with the designations, changes in designations, or
transfer request made by Participants.

                  (c) The selection of any Investment Fund is the sole and
exclusive responsibility of each Participant and it is intended that the
selection of an Investment Fund by each Participant be within the parameters of
Section 404(c) of ERISA and the regulations

                                      V-1
<PAGE>
thereunder. None of the Employer, nor the Trustee, nor any Committee member, nor
any of the directors, officers, agents or Employees of the Employer are
empowered to or shall be permitted to advise a Participant as to the manner in
which his accounts shall be invested or changed. No liability whatsoever shall
be imposed upon the Employer, the Trustee, any Committee member, or any
director, officer, agent or Employee of the Employer for any loss resulting to a
Participant's account because of any sale or investment directed by a
Participant under this Section or because of the Participant's failure to take
any action regarding an investment acquired pursuant to such elective
investment.

                                      V-2
<PAGE>
                                   ARTICLE VI

                            VALUATION OF TRUST ASSETS

         6.1 Time and Manner of Valuation. As of each Valuation Date, the
Trustee shall value all of the assets in each Investment Fund maintained under
Section 12.2 for the purpose of determining the amount, if any, of the net
increase or net decrease in the fair market value of each such Fund. The fair
market value of each Investment Fund shall represent the fair market value of
all securities or other property held thereunder, plus cash and accrued
earnings, less accrued expenses and proper charges against each Fund as of the
Valuation Date. The Trustee's determination shall be final and conclusive for
all purposes of this Plan.

         6.2 Allocation of Net Increase and Net Decrease to Accounts of
Participants. The Trustee shall allocate as of such Valuation Date a part of
each such net increase or net decrease for each Fund to the Salary Deferral
Account, Matching Account, Employer Account and Rollover Account of each
Participant in the ratio that the balance in each such account bears to all such
accounts invested in such Fund. Any dividends paid with respect to the Company
Stock held in a Participant's Matching Account shall be used to purchase
additional shares of Company Stock for such Participant.

                                      VI-1
<PAGE>
                                   ARTICLE VII

                        DISTRIBUTION OF ACCOUNT BALANCES

         7.1 Payments on Account of Retirement or Disability.

                  (a) A Participant who ceases to be an Employee due to his
Retirement or Disability shall be entitled to receive a distribution under the
Plan of his entire Account Balance in the form of, except as provided in
paragraph (e) of this Section, a lump sum cash payment.

                  (b) (i) Except as otherwise provided in subparagraph (ii) of
         this paragraph (and subject to the provisions of Section 7.4, if
         applicable), any distribution under this Section on account of
         Retirement shall be made as soon as practicable after the Participant's
         Retirement, but in no event later than 60 days after the close of the
         Plan Year in which his Retirement occurred.

                      (ii) A Participant who ceases to be an Employee due to his
         Retirement shall be entitled to defer receipt of any distribution to be
         made under this paragraph until he elects to receive such distribution;
         provided, however, that such distribution must be made not later than
         April 1 of the calendar year following the calendar year in which such
         Participant attains the age of 70-1/2. Except as provided in paragraph
         (e) of this Section, any distribution under this subparagraph shall be
         made in the form of a lump sum cash payment as soon as practicable
         following the Participant's election to receive the distribution, but
         in no event later than the April 1 of the calendar year following the
         calendar year in which such Participant attains the age of 70-1/2.

                  (c) Any distributions under this Section 7.1 on account of
Disability shall be made or commence in accordance with the provisions of
paragraph (b) and (c) of Section 7.3

                                     VII-1
<PAGE>
                  (d) Whether or not a Participant retires upon attaining his
Normal Retirement Date, the Participant's interest in his Matching Account and
Employer Account shall be fully vested as of such date.

                  (e) Notwithstanding paragraphs (a) and (b) of this Section
7.1, any Participant who ceases to be an Employee on account of his Retirement
or Disability and whose Account Balance exceeds $3,500 (effective January 1,
1998, $5,000) may elect, in lieu of a lump sum cash payment, to receive his
distribution in the form of substantially equal monthly installments over a
period not to exceed the shorter of fifteen years or the Participant's life
expectancy.

         7.2 Payment upon Death of Participant.

                  (a) If a Participant ceases to be an Employee on account of
his death, or if a Participant dies after his Retirement or Disability but
before receiving or commencing to receive his Account Balance hereunder, the
Participant's Beneficiary shall be entitled to receive a distribution of the
Participant's entire Account Balance in the form of a lump sum cash payment. Any
distribution under this Section shall be made to the Participant's Beneficiary
as soon as practicable after the Participant's death.

                  (b) If a Participant who ceased to be an Employee on account
of his Retirement or Disability dies after commencing to receive a distribution
of his Account Balance in the form of installment payments but prior to the
completion of the distribution of the entire Account Balance, the Participant's
Beneficiary shall receive a distribution of such Participant's remaining Account
Balance in a lump sum cash payment. Any distribution shall be made as soon as
practicable after the Participant's death.

                                     VII-2
<PAGE>
         7.3 Payments on Account of Termination of Employment.

                  (a) (i) A Participant who ceases to be an Employee on account
         of his Termination of Employment shall be entitled to receive 100% of
         the balance in his Salary Deferral Account and Rollover Account, plus
         the Vested Percentage of the balance in his Matching Account and
         Employer Account. (For purposes of this Article VII, the balance in a
         Participant's Salary Deferral Account and Rollover Account and the
         Vested Percentage of the balance in such Participant's Matching Account
         and Employer Account shall be referred to as the "Vested Account
         Balance".)

                      (ii) The Vested Percentage of the balance in a
         Participant's Matching Account and Employer Account shall be based upon
         such Participant's Years of Service as of the date of his Termination
         of Employment in accordance with the following vesting schedule:

<TABLE>
<CAPTION>
                  Years of Service                    ("Vested Percentage")
                  ----------------                    ---------------------
<S>                                                   <C>
                  Less than 1 year                               0%
                  1 but less than 2                             20%
                  2 but less than 3                             40%
                  3 but less than 4                             60%
                  4 but less than 5                             80%
                  5 or more                                    100%
</TABLE>

                      (iii) In determining a Participant's Vested Percentage in
         his Matching Account and Employer Account under subparagraph (ii) of
         this paragraph, Years of Service shall be computed without regard to
         any Years of Service after five consecutive One Year Breaks in Service;
         i.e., Years of Service completed after five (5) consecutive One Year
         Breaks in Service shall not be taken into account for purposes of
         determining a Participant's Vested Percentage

                                     VII-3
<PAGE>
         in his Matching Account and Employer Account derived from Matching
         Contributions and Employer Contributions which were made before such
         five-year period.

                           (v) In the event that the Plan is amended to change
         the vesting schedule, each Participant who has completed at least three
         (3) Years of Service and whose Vested Percentage is determined under
         the new vesting schedule may elect, within a reasonable period after
         the adoption of the amendment, to have his Vested Percentage determined
         under the vesting schedule in effect prior to the amendment.

                  (b) The Participant's Vested Account Balance to which he shall
be entitled under paragraph (a) of this Section shall be distributed as follows:

                           (i) If the value of the Participant's Vested Account
         Balance under paragraph (a) of this Section does not exceed $3,500
         (effective January 1, 1998, $5,000) such Participant (or his
         Beneficiary should the Participant die before receiving any payments
         hereunder) shall receive a distribution of such Vested Account Balance
         in a lump sum cash payment as soon as practicable following his
         Termination of Employment.

                           (ii) If the value of the Participant's Vested Account
         Balance under paragraph (a) of this Section exceeds $3,500 (effective
         January 1, 1998, $5,000), such Participant shall receive a distribution
         of such Vested Account Balance in a lump sum cash payment as soon as
         practicable following his Termination of Employment, provided that the
         Participant elects to receive such immediate distribution of his Vested
         Account Balance by filing an election with

                                     VII-4
<PAGE>
         the Committee. If such Participant should die prior to receiving a
         distribution of his Vested Account Balance, the Participant's
         Beneficiary shall receive a distribution of such Participant's Vested
         Account Balance in a lump sum cash payment as soon as practicable
         following the Participant's date of death.

                           (iii) If the value of the Participant's Vested
         Account Balance under paragraph (a) of this Section exceeds $3,500
         (effective January 1, 1998, $5,000) and if such Participant does not
         elect to receive an immediate distribution of such Vested Account
         Balance in a lump sum cash payment, such Participant (hereinafter
         referred to as a "Terminated Vested Participant") shall receive a
         distribution of his Vested Account Balance in accordance with paragraph
         (c) of this Section. If the value of a Participant's Vested Account
         Balance, determined at the time of a distribution to the Participant,
         exceeds $3,500 (effective January 1, 1998, $5,000), then, for purposes
         of this paragraph (b), the value of such Vested Account Balance at any
         subsequent time shall be deemed to exceed $3,500 (effective January 1,
         1998, $5,000).

                  (c) The payment of a Terminated Vested Participant's Vested
Account Balance under this paragraph (c) shall be made in the form of a lump sum
cash payment no later than 60 days after the end of the Plan Year in which such
Participant reaches age 65; provided, however, that the Participant may elect to
receive an earlier payment of such Account Balance. If the Participant makes
such an election, payment shall be made in a lump sum cash payment no later than
60 days after the end of the Plan Year in which the election is made.

                  (d) Notwithstanding anything contained in this Section 7.3, if
a Participant whose Vested Account Balance exceeds $3,500 (effective January 1,
1998, $5,000) ceases to be

                                     VII-5
<PAGE>
an Employee on account of his Termination of Employment, such Participant may
elect, in lieu of a lump sum cash payment, to receive his Vested Account Balance
in the form of substantially equal monthly installments over a period not to
exceed the shorter of fifteen years or the Participant's life expectancy.

                  (e) In the case of a Participant who receives a distribution
pursuant to either paragraph (b)(i) or (b)(ii) of this Section in connection
with his Termination of Employment, the balance of such Participant's interest
in his Matching Account and Employer Account in excess of his vested interest in
such accounts shall be forfeited as of the date that the distribution is made to
the Participant. In the case of a Terminated Vested Participant, the balance of
such Participant's interest in his Matching Account and Employer Accounts in
excess of his vested interest in such accounts shall be forfeited as of the
earlier of (i) the last day of the Plan Year in which such Participant incurs
five (5) consecutive One-Year Breaks in Service or (ii) the date that the
Participant receives payment of his Vested Account Balance pursuant to paragraph
(c) of this Section. Except as otherwise provided under paragraph (f), the
amount of any forfeitures described in this paragraph for the Plan Year, as well
as any forfeitures under Sections 4.2(f), 4.4(e), 4.6(a) and 7.8 for the Plan
Year, shall be used to pay administrative expenses of the Plan pursuant to
Section 14.4. Any remaining forfeitures may be applied as a credit towards any
Matching Contributions or Employer Contributions to be made by the Employer.

                  (f) If a Participant who has forfeited any amounts in
accordance with the provisions of this Section pursuant to his Termination of
Employment shall return to the employ of the Employer prior to completing five
(5) consecutive One-Year Breaks in Service, the amount so forfeited shall be
restored to the Participant only if such Participant repays the full amount
previously distributed to him within five years of the date he is reemployed by
the

                                     VII-6
<PAGE>
Employer. In the event of such repayment, a Matching Account and Employer
Account shall be reestablished on behalf of such Participant and the amount
forfeited shall be added to the balance of such Matching Account and Employer
Account as of the time of his return to the employ of the Employer. Any
forfeiture to be used to pay administrative expenses of the Plan or applied as a
credit towards any Matching Contributions or Employer Contributions to be made
by the Employer under paragraph (e) of this Section may, in the sole discretion
of the Committee, be used for the purpose of restoring, as required under this
paragraph, the amounts forfeited in accordance with the provisions of this
Section. To the extent such forfeitures are insufficient, the Employer shall
make a special contribution to restore the forfeiture.

         7.4 Special Distribution Rules.

             (a) (i) Notwithstanding anything to the contrary in this Article,
         as required by Section 401(a)(9) of the Code and the Treasury
         Regulations thereunder, with respect to any Participant who is a "five
         percent owner" (as defined in Code Section 416), the distribution of
         such Participant's Account Balance shall be made (or commence) in
         accordance with subparagraph (ii) of this paragraph no later than April
         1 of the year following the calendar year in which the Participant
         reaches age 70-1/2, regardless of whether such Participant is still
         actively employed as of such date. If the Participant continues to
         participate in the Plan, any additional amounts credited to the
         Participant's Account Balance shall be distributed each year in
         accordance with subparagraph (ii) of this paragraph so as to satisfy
         the requirements of Section 401(a)(9) of the Code and the Treasury
         Regulations thereunder.

                                     VII-7
<PAGE>
                           (ii) At the election of the Participant, the
         Participant's Account Balance shall either be distributed in its
         entirety to the Participant in accordance with Code Section
         401(a)(9)(A)(i) and the Treasury Regulations thereunder, or distributed
         to the Participant over a period not extending beyond the life
         expectancy of the Participant or the life expectancy of such
         Participant and a designated beneficiary in accordance with Code
         Section 401(a)(9)(A)(ii) and the Treasury Regulations thereunder.

                  (b) Notwithstanding any provision to the contrary and except
as provided in paragraph (a) of this Section, the payment of benefits under this
Plan to a Participant or his Beneficiary shall in all events commence within 60
days after the close of the Plan Year in which the latest of the following
events occurs:

                           (i) the attainment by the Participant of age 65;

                           (ii) the tenth anniversary of the year in which the
         Participant first became a Participant in the Plan; or

                           (iii) except as otherwise provided in Section 7.1(b),
         the Participant's Retirement or Termination of Employment with the
         Employer.

                  (c) Notwithstanding any provision to the contrary in this
Article VII, a Participant shall be entitled to receive a distribution of his
Account Balance upon the termination of the Plan, provided that the Employer or
Affiliate does not establish or maintain a successor plan (as defined in Treas.
Reg. Section 1.401(k)-1(d)(3)). Any distributions made pursuant to this
paragraph (c) shall be made in accordance with Section 13.2.

                                     VII-8
<PAGE>
                  (d) Notwithstanding any provision to the contrary in this
Article, a Participant shall be entitled to receive a distribution of his Vested
Account Balance upon the occurrence of either:

                           (i) The disposition by the Company to an unrelated
         corporation of substantially all of the assets (within the meaning of
         Section 409(d)(2) of the Code) used in a trade or business of the
         Company if the Company continues to maintain this Plan after the
         disposition, but only with respect to Employees who continue employment
         with the corporation acquiring such assets; or

                           (ii) the disposition by the Company to an unrelated
         entity of the Company's interest in a subsidiary (within the meaning of
         Section 409(d)(3) of the Code) if the Company continues to maintain
         this Plan, but only with respect to Employees who continue employment
         with such subsidiary.

The occurrence of any event described in this paragraph (d) shall be treated as
a Termination of Employment and any distribution made as a result of the
occurrence of such event shall be made in accordance with the provisions of
Section 7.3.

                  (e) Notwithstanding any other provision of this Article VII,
any distributions of Company Stock shall be paid in shares of Company Stock
(except to the extent of any fractional shares); provided, however, that the
Participant or Beneficiary may elect to receive payment of such amounts in cash.

         7.5 Hardship Distributions. A Participant shall be entitled to receive
a hardship distribution of the total amount of the Participant's Salary Deferral
Account (excluding the amount of any income attributable to Salary Deferral
Contributions after December 31, 1988), if

                                     VII-9
<PAGE>
the distribution is necessary to defray an immediate and severe financial
hardship incurred by the Participant. The amount of the distribution may not
exceed the amount required to meet the immediate financial need created by the
hardship and not reasonably available from other resources of the Participant.
The existence of an immediate and heavy financial need and the amount necessary
to meet such need, will be determined by the Committee in accordance with the
standards set forth below.

                  (a) Immediate and Heavy Financial Need. For purposes hereof,
an immediate and heavy financial need shall be limited to a need for funds for
any of the following purposes:

                           (i) Unreimbursed medical expenses described in
         Section 213(d) of the Code incurred by the Participant, the
         Participant's spouse, or any dependents of the Participant (as defined
         in Section 152 of the Code);

                           (ii) Purchase (excluding mortgage payments) of a
         principal residence for the Participant;

                           (iii) Payment of tuition and related educational fees
         (including room and board) for the next 12 months of post-secondary
         education for the Participant or his spouse, children, or dependents;

                           (iv) Prevention of the eviction of the Participant
         from his principal residence or foreclosure on the mortgage on his
         principal residence; and

                           (v) Any other reason recognized by the Commissioner
         of Internal Revenue Service in a revenue ruling, notice or other
         document of general applicability to constitute an immediate and heavy
         financial need.

                  A Participant requesting a hardship withdrawal must represent
that he has an emergency need for funds for one of the reasons specified above.
The Participant shall provide

                                     VII-10
<PAGE>
the Committee with any information and evidence which the Committee considers
necessary in order to determine whether such a hardship exists and the amount of
the withdrawal from the Plan that is necessary to meet the hardship.

                  (b) Distribution Necessary to Satisfy the Financial Need. A
hardship withdrawal shall be considered to be necessary to meet such an
immediate and heavy financial need only under the following circumstances:

                           (i) The distribution is not in excess of the amount
         of the immediate and heavy financial need of the Participant (that
         cannot be satisfied by distributions and/or non-taxable loans of the
         types described in subparagraph (ii) below). This distribution may
         include any amounts necessary to pay any federal, state or local income
         taxes or penalties reasonably anticipated to result from the
         distribution.

                           (ii) The Participant has obtained (or requested) all
         distributions (including distributions after attaining age 59-1/2 and
         distributions of Rollover Contributions), other than hardship
         distributions, and all non-taxable loans currently available under all
         plans maintained by the Employer or any Affiliate.

                  In the event of any hardship distribution to a Participant
hereunder, such Participant may not make Salary Deferral Contributions (or
comparable contributions) to the Plan or to any other deferred compensation
plans maintained by the Employer or any Affiliate during the 12 calendar months
immediately following the date of such hardship withdrawal. The Participant also
may not make Salary Deferral Contributions (or comparable contributions) to the
Plan or to any other tax-qualified retirement plan maintained by the Employer or
any Affiliate, for the calendar year immediately following the calendar year of
the hardship withdrawal, in

                                     VII-11
<PAGE>
excess of the applicable limit under Section 402(g) of the Code for such next
calendar year less the amount of such Participant's Salary Deferral
Contributions (or comparable contributions) made on his behalf to the Plan or to
any other tax-qualified retirement plan maintained by the Employer or any
Affiliate for the calendar year of the hardship distribution.

                  The foregoing provisions shall be applied on a uniform and
nondiscriminatory basis and shall be subject to such changes as the Committee
may deem to be necessary at any time to comply with Treasury Regulations or
other rules issued under Section 401(k) of the Code.

                  (c) Additional Operating Rules. The following rules shall
apply to each request for a hardship distribution by a Participant:

                           (i) The Participant's request for a hardship
         distribution shall be made on such forms as are provided from time to
         time by the Committee and the Participant shall furnish the Committee
         with such information as the Committee requests in its evaluation of
         the Participant's request.

                           (ii) The amount of any hardship distribution shall in
         no event exceed the value of the Participant's Salary Deferral Account.

                           (iii) Only one hardship withdrawal may be made in any
         twelve-month period.

         7.6 Withdrawals of Rollover Contributions.

                  (a) As of the first day of any calendar quarter, a Participant
may withdraw all or a portion of his Rollover Contributions. The request for
such withdrawal must be submitted in writing to the Committee. Any such
withdrawal shall be made from the Investment Fund(s), consisting of Rollover
Contributions, on a pro rata basis.

                                     VII-12
<PAGE>
                  (b) In the event of a withdrawal under this Section, the
Participant may continue his participation in the Plan without interruption and
shall not, because of such withdrawal, be penalized under the Plan in any way.

                  (c) The minimum amount that may be withdrawn under this
Section is $500, or if less, the entire value of the Participant's Rollover
Account.

                  (d) The withdrawal of all or a portion of the Participant's
Rollover Contributions shall be paid to the Participant as soon as practicable
after the Participant's request is submitted to and approved by the Committee.

         7.7 Withdrawals After Attainment of Age 59-1/2.

                  (a) A Participant may apply in writing to the Committee for a
withdrawal of all or a portion of (i) his Vested Employer Account, (ii) the
vested portion of his Matching Account that is not invested in Company Stock and
(iii) his Salary Deferral Account, at any time after attaining age 59-1/2.

                  (b) In the event of a withdrawal under this Section, the
Participant may continue his participation in the Plan without interruption and
shall not, because of such withdrawal, be penalized under the Plan in any way.

                  (c) The minimum withdrawal by a Participant under this Section
7.7 shall be $500 or, if less, the value of (i) the Participant's Vested
Employer Account, (ii) the vested portion of his Matching Account that is not
invested in Company Stock and (ii) his Salary Deferral Account.

                  (d) The withdrawal shall be paid to the Participant as soon as
practicable after the Participant's request is submitted to and approved by the
Committee.

                                     VII-13
<PAGE>
         7.8 Rollovers to Other Plans or IRAs.

                  (a) Notwithstanding any provision of the Plan to the contrary
that would otherwise limit a Participant's election under the Plan, the
Participant may elect, at the time and in the manner prescribed by the
Committee, to have any portion of an Eligible Rollover Distribution paid
directly to an Eligible Retirement Plan specified by the Participant in a Direct
Rollover.

                  (b) Definitions:

                  For purposes of this Section 7.8, the following definitions
shall apply:

                           (i) "Eligible Rollover Distribution" shall mean any
         distribution of all or any portion of the Participant's Vested Account
         Balance, except that an Eligible Rollover Distribution does not
         include:

                                    (A) any distribution that is one of a series
                  of substantially equal periodic payments (not less frequently
                  than annually) made for the life (or life expectancy) of the
                  Participant or the joint lives (or joint life expectancies) of
                  the Participant and the Participant's designated beneficiary,
                  or for a specified period of ten years or more;

                                    (B) any distribution to the extent such
                  distribution is required under Section 401(a)(9) of the Code;

                                    (C) the portion of any distribution that is
                  not includible in gross income (determined without regard to
                  the exclusion for net unrealized appreciation with respect to
                  employer securities); and

                                    (D) effective January 1, 2000, any
                  distribution of Salary Deferral Contributions made pursuant to
                  Section 7.5 on account of hardship.

                                     VII-14
<PAGE>
                           (ii) "Eligible Retirement Plan" shall mean an
         individual retirement account described in Section 408(a) of the Code,
         an individual retirement annuity described in Section 408(b) of the
         Code, an annuity plan described in Section 403(a) of the Code, or a
         qualified trust described in Section 401(a) of the Code, that accepts
         the Participant's Eligible Rollover Distribution. However, in the case
         of an Eligible Rollover Distribution to a surviving spouse, an Eligible
         Retirement Plan shall mean only an individual retirement account or
         individual retirement annuity.

                           (iii) "Participant" shall mean a Participant within
         the meaning of Section 1.33 who is entitled to receive a distribution
         under the Plan. In addition, the Participant's surviving spouse and the
         Participant's spouse or former spouse who is the alternate payee under
         a qualified domestic relations order as defined in Section 414(p) of
         the Code, shall be considered a Participant with regard to the interest
         of the spouse or former spouse.

                           (iv) "Direct Rollover" shall mean a payment by the
         Plan to the Eligible Retirement Plan specified by the Participant.

         7.9 Lost Participant. If payment of a Participant's Vested Account
Balance is unable to be made under this Article VII because the Committee is
unable to find the Participant or Beneficiary to whom payment is to be made,
such Participant's Vested Account Balance shall be forfeited as of the last
Valuation Date of the Plan Year in which the Committee determines that it is
unable to find the Participant or Beneficiary. If the Participant or Beneficiary
later makes a claim for such payment and the Committee determines that the claim
is valid, the amount previ-

                                     VII-15
<PAGE>
ously forfeited shall be restored and payment shall be made as soon as
practicable following such determination.

                                     VII-16

<PAGE>

                                  ARTICLE VIII

                           DESIGNATION OF BENEFICIARY

        8.1 Right to Designate Beneficiary. Subject to the provisions of Section
8.3, each Participant may designate in a writing filed with the Committee, a
Beneficiary to whom, in the event of the Participant's death, all benefits shall
be payable. The Beneficiary so designated may be changed by the Participant
(subject to the provisions of Section 8.3) at any time or from time to time
during his life by signing and filing a new beneficiary designation form. The
records of the Committee at the time of death shall be conclusive as to the
identity of the proper Beneficiary and the amount properly payable, and payment
made in accordance with such facts shall constitute a complete discharge of any
and all obligations hereunder.

        8.2 Applicable Rules if No Beneficiary Designation is Made. If no
Beneficiary designation is on file with the Committee at the time of death of
the Participant, or if such designation is not effective for any reason, then
such death benefit shall be payable to the deceased Participant's spouse, if
living. If such spouse does not survive him, payment shall be made to the
Participant's issue per stirpes, or if no issue survive him, to his estate.

        8.3 Payment of Account Balance to Spouse upon Death of Participant. If
the Beneficiary designated by the Participant to receive the benefits payable
hereunder in the event of his death is not his spouse, then, notwithstanding the
applicable provisions of Sections 7.1, 7.2, 7.3 and Section 8.1, such benefits
shall be payable to the Participant's surviving spouse unless (a) there is no
surviving spouse; (b) the spouse consents, in the manner required under Section
417(a)(2)(A) of the Code, to the payment of such benefits to the designated
Beneficiary; or (c) it is established to the satisfaction of the Committee that
the spousal consent may not be

                                     VIII-1
<PAGE>
obtained because of the conditions specified in Section 417(a)(2)(B) of the Code
or in regulations promulgated under such Section of the Code.

                                     VIII-2
<PAGE>
                                   ARTICLE IX

                                      LOANS

        9.1 Availability of Loans

                (a) Upon the application of any Participant, the Committee may
direct the Trustee to make a loan to such Participant.

                (b) The terms and conditions on which the Committee will approve
loans under the Plan will be applied on a reasonably equivalent basis and loans
shall not be available to any Highly Compensated Employee in an amount equal to
a percentage of his Account Balance which is greater than the percentage made
available to other Participants.

                (c) The minimum loan shall be $1,000. Only one loan shall be
made to a Participant during any Plan Year and only one loan may be outstanding
at any time; provided, however, that for this purpose, any loan(s) that is
rolled over into the Plan in accordance with Section 3.4(d) shall not be
considered an outstanding loan(s) under the Plan.

        9.2 Limitations on Loans.

                (a) In no event shall the total amount of a loan made to any
Participant pursuant to this Section (when added to the outstanding balance of
all other loans made by the Plan to the Participant) exceed the lesser of:

                        (i) 50 percent of the Participant's Vested Account
        Balance (as defined in Section 7.3(a)) excluding any amounts invested in
        Company Stock or

                        (ii) $50,000.

                (b) The $50,000 limitation set forth in paragraph (a) will be
reduced by the excess, if any, of the highest outstanding loan balance from the
Plan during the one year period

                                      IX-1
<PAGE>
ending on the day before the date on which the loan was made over the
outstanding loan balance from the Plan on the date that such loan was made.

        9.3 Interest Rate. The interest rate charged on any loan made pursuant
to this Section shall be determined by the Committee and shall be at least
equivalent to the prevailing interest rate charged by persons in the business of
lending money for loans which would be made under similar circumstances.
Furthermore, the Participant's Account Balance may be charged a set-up fee
and/or maintenance fee (as determined by the Committee).

        9.4 Security for Loan. Any loan made pursuant to this Section shall be
secured by the Participant's Vested Account Balance excluding any amounts
invested in Company Stock.

        9.5 Term of Loan.

                (a) The term of any loan shall not be for more than five (5)
years; provided, however, that the term of a loan used for the purpose of
acquiring a dwelling unit which within a reasonable time is to be used
(determined at the time the loan is made) as the principal residence of the
Participant may be for a period of up to fifteen (15) years.

                (b) Notwithstanding the foregoing, the Committee shall require
any such loan to be immediately repaid as of the date the Participant ceases to
be an Employee. If the loan is not repaid as of such date, the Committee shall
use the remedies provided under Section 9.8 to recover such loan.

        9.6 Loan Agreement. Each Participant to whom a loan is made under this
Section shall enter into an agreement with the Committee. Such agreement shall
set forth the principal amount of the loan, the repayment terms (subject to the
provisions of Section 9.7), the interest rate and the provisions for securing
the loan in accordance with Section 9.4.

                                      IX-2
<PAGE>
        9.7 Repayment of Loan.

                (a) Payments of principal and interest shall be made by payroll
deduction or in any other manner agreed to by the Participant and the Committee;
provided, however, that in all cases, loan repayments of principal and interest
shall be made in substantially level amounts and shall be made no less
frequently than quarterly over the term of the loan.

                (b) Principal and interest payments with respect to the loan
shall be credited solely to the appropriate account of the borrowing Participant
from which the loan was made based upon the Participant's current investment
elections. Any loss caused by nonpayment or other default on a Participant's
loan obligations shall be borne solely by such Participant's appropriate
account.

                (c) If a Participant is on an unpaid leave of absence, such
Participant shall be obligated to repay the loan in the manner agreed to by such
Participant and the Committee.

                (d) A loan may be repaid in full as of any date without penalty.

        9.8 Collection of Loan. In the event that the Participant does not repay
such loan within the time and manner prescribed by the repayment terms, in
addition to any legal remedies the Committee may have, the Committee shall
offset the unpaid amount of such loan against any distribution payable to such
Participant or Beneficiary under Article VII no earlier than at the time such
distribution would first become payable thereunder and the Participant shall be
considered to having consented to a deemed distribution of the unpaid loan
amount. In the event that the amount of any such offset is not sufficient to
repay the remaining balance of any such loan, such Participant shall be liable
for and continue to make payments on any balance still due from him.

                                      IX-3
<PAGE>
        9.9 Loan Guidelines. The Committee may issue loan guidelines, which
shall form part of the Plan, describing the procedures and conditions for making
and repaying loans, and the administrative fees due from Participants to take a
loan, and may revise those guidelines at any time and for any reason.

                                      IX-4
<PAGE>
                                    ARTICLE X

                                 TOP HEAVY RULES

        10.1 Notwithstanding anything contained herein to the contrary, the
provisions of this Article X shall become effective only for Plan Years in which
the Plan is a Top-Heavy Plan.

        10.2 The following words and phrases as used in this Article X shall
have the meanings specified below:

                (a) "Aggregation Group" shall mean the Plan and any other plan
of the Employer or Affiliate intended to qualify under Section 401(a) of the
Code:

                        (i) in which a Key Employee is a participant;

                        (ii) which enables a plan in which a Key Employee is a
        participant to meet the requirements of Section 401(a) or Section 410 of
        the Code.

                        The Aggregation Group shall also include any plan that
is not described above, but which is designated by the Employer to be part of
such Group, provided that the Group continues to meet the requirements of Code
Sections 401(a)(4) and 410 with such plan being taking into account.

                (b) "Compensation" shall mean the term as defined in Section
1.11.

                (c) "Determination Date" shall mean, with respect to any Plan
Year, the last day of the preceding Plan Year or, in the case of the first Plan
Year, the last day thereof.

                (d) "Key Employee" shall mean any person described in Section
416(i)(l) of the Code (which is herein incorporated by this reference) and
shall, with respect to a Key Employee's cumulative accrued benefits and
aggregated account balances, include any Beneficiary of such Key Employee.

                                       X-1
<PAGE>
                (e) "Non-Key Employee" shall mean any Employee who is not a Key
Employee and shall, with respect to a Non-Key Employee's cumulative accrued
benefits and aggregated account balances, include a Beneficiary of such Non-Key
Employee.

                (f) "Top-Heavy Group" shall mean the Aggregation Group if the
sum, as of the Determination Date, of:

                        (i) the present value of the cumulative accrued benefits
        for Key Employees under all defined benefit plans in such Aggregation
        Group, plus

                        (ii) the aggregate of the accounts of Key Employees
        under all defined contribution plans included in such Aggregation Group,
        exceed sixty percent (60%) of a similar sum determined for all
        employees.

                (g) "Top-Heavy Plan" shall mean with respect to any Plan Year,
the Plan if, as of the Determination Date, the Plan is not part of an
Aggregation Group and the aggregate of the accounts under the Plan of all Key
Employees exceeds sixty percent (60%) of the aggregate of the accounts under the
Plan of all employees, or if, as of the Determination Date, the Plan is part of
a Top-Heavy Group. In determining the amount of the account or the cumulative
accrued benefit of any employee for purposes of determining if the Plan is a
Top-Heavy Plan, including the determination of whether the Aggregation Group is
a Top-Heavy Group, the present value of the cumulative accrued benefit for the
employee and the amount of the account of the employee, as the case may be with
respect to any plan, shall be increased by the aggregate distributions made with
respect to such employee under such plan during the Plan Year that includes the
Determination Date or during the four preceding Plan Years; and the credit
balance of any employee who has not received any Compensation from the Employer
at any time during the 5-year period ending on the Determination Date shall be
disregarded.

                                      X-2
<PAGE>
        10.3 Notwithstanding the provisions of Article III hereof, for each Plan
Year in which this Plan is a Top-Heavy Plan, the Employer shall make a
contribution (not including Salary Deferral Contributions) on behalf of each
Eligible Employee who is a Non-Key Employee and is employed by the Employer on
the last day of such Plan Year (regardless of the Hours of Service credited to
such Eligible Employee for such Plan Year), in an amount equal to the lesser of
(a) 3 percent of such Eligible Employee's Compensation for such Plan Year or (b)
the largest percentage contribution amount (including Salary Deferral
Contributions) allocated to any Key Employee for such Plan Year.

                                      X-3
<PAGE>
                                   ARTICLE XI

                           ADMINISTRATION OF THE PLAN

        11.1 Definitions. For purposes of this Plan:

                (a) "Fiduciary" shall mean any person who exercises any
discretionary authority or discretionary control respecting the management or
disposition of Plan assets, renders any investment advice for a fee or other
compensation with respect to Plan assets, or exercises any discretionary
authority or responsibility for Plan administration, and includes the Named
Fiduciaries.

                (b) "Named Fiduciaries or Named Fiduciary" shall mean:

                        (i) The Committee established to administer the Plan.
        The Committee shall have no responsibility relating to the management
        and control of the assets of the Plan, other than the responsibility to
        reconsider the policy and method of funding the Plan as provided in this
        Article.

                        (ii) The Trustee who shall be a Named Fiduciary only
        with respect to the management and control of the assets of the Plan.

        11.2 Administration.

                (a) The Committee shall have the authority to control and manage
the operation and administration of the Plan in accordance with the
responsibilities set forth in this Article, and shall have sole authority and
discretion to determine all questions arising in the administration of the Plan,
including questions relating to eligibility for, and the amount of, benefits
under the Plan. The Committee shall consist of one or more individuals appointed
by the Company. In the absence of any such appointment, the Company shall serve
as the Committee.

                                      XI-1
<PAGE>
                (b) A majority of the Committee members serving at the time
shall constitute a quorum for the transaction of business of the Committee. All
resolutions or other actions taken by the members at any meeting shall be by a
vote of a majority of those present at such meeting. Except when reconsidering
the policy and method of funding the Plan under this Article, upon concurrence
in writing of the majority of the Committee members at the time in office, they
may take action otherwise than at a meeting of the Committee provided that
detailed records of such action shall be kept.

                (c) The Committee may authorize any one or more individuals to
execute any documents on behalf of the Committee, and any such documents so
executed shall be accepted and relied upon as representing action by the
Committee until the Committee shall revoke such authorization.

                (d) The Committee may from time to time establish rules and
regulations to implement the provisions of this Plan. The records of the
Employer, as certified to the Committee, shall be conclusive with respect to any
and all factual matters dealing with the employment of a Participant. The
Committee shall interpret the Plan and shall have sole authority and discretion
to determine all questions arising in the administration, interpretation and
application of the Plan, and all such determinations by the Committee shall be
conclusive and binding on all persons subject, however, to the provisions of the
Code and ERISA.

                (e) The Committee shall direct the Trustee to make payments from
the Fund to Participants or Beneficiaries who qualify for such payments
hereunder. Such order to the Trustee shall specify the name of the Participant
or Beneficiary, his Social Security number, his address, and the amount and
frequency of such payments.

                                      XI-2
<PAGE>
                (f) The Trustee may request instructions in writing from the
Committee on any matters affecting the Trust and may rely and act thereon.

                (g) The Committee shall be the agent for receipt of service of
process by the Plan.

        11.3 Allocation and Delegation of Responsibilities.

                (a) The Committee may allocate among its members and may
delegate to persons who are not members of the Committee any of its duties and
responsibilities other than the responsibility to reconsider the policy and
method of funding the Plan as provided in this Article.

                (b) The Committee may employ or engage accountants, legal
counsel, actuaries, custodians, agents or other persons to render advice or
perform ministerial duties with regard to any responsibility or duty which the
Committee has under the Plan. To the extent permitted by law, a member of the
Committee shall not be precluded from rendering such advice in his individual
capacity, and shall be entitled to rely upon and be fully protected in any
action taken by him in good faith in reliance upon any opinions or reports which
shall be furnished to him by such accountants, legal counsel, actuaries,
custodians, agents or other persons.

                (c) The Company may appoint an Investment Manager or Managers to
manage, acquire and dispose of any assets of the Plan. Any such Investment
Manager shall be an investment adviser registered under the Investment Advisers
Act of 1940, a bank as defined in that Act, or an insurance company qualified to
perform investment services under the laws of at least two States. The
appointment of any such Investment Manager shall not be effective until such
Investment Manager has acknowledged in writing that it is a Fiduciary with
respect to the Plan.

                                      XI-3
<PAGE>
                (d) The Committee shall periodically, but at least annually,
review the performance of any persons to whom any duties or responsibilities
have been allocated or delegated, and any persons who are employed or engaged to
render advice or perform ministerial services. The Committee may require such
formal or informal reports from such persons as it shall deem prudent and
appropriate, and shall promptly terminate such allocation, delegation,
employment, or engagement upon its determination that any such person or persons
have failed to discharge their obligations to the satisfaction of the Committee
or with the standard of care which would be imposed upon the Committee in the
absence of such allocation, delegation, employment, or engagement.

                (e) The Plan may purchase insurance for any Fiduciary to cover
liability or losses occurring by reason of the act or omission of such
Fiduciary, but such insurance shall permit recourse by the insurer against such
Fiduciary in the case of a breach of a fiduciary obligation.

                (f) The Company shall indemnify any Committee member, director,
officer, shareholder or Employee against any and all claims, losses, damages,
expenses and liabilities arising from their responsibilities in connection with
the Plan, unless the same is determined to be due to gross negligence or willful
misconduct.

                (g) Nothing herein shall prevent any person or group of persons
from serving in more than one fiduciary capacity with respect to the Plan, nor
prevent an Employee or Participant from serving as a Fiduciary with respect to
the Plan.

        11.4 Standard of Conduct.

                (a) In discharging their duties, the Fiduciaries shall act with
the skill, care, prudence and diligence under the circumstances then prevailing
that a prudent man acting in a

                                      XI-4
<PAGE>
like capacity and familiar with such matters would use in the conduct of an
enterprise of a like character and with like aims. All Fiduciaries shall
discharge their duties with respect to this Plan solely in the interests of the
Participants and Beneficiaries and for the exclusive purpose of providing
benefits to Participants and their Beneficiaries and paying reasonable expenses
of administering the Plan; provided that contributions (or the assets
attributable thereto) may be returned to the Employer under Section 3.6 of this
Plan.

                The foregoing paragraph is not intended as a comprehensive
statement of all responsibilities and duties of Fiduciaries under ERISA or any
other applicable law, and the Fiduciaries shall be subject to all other duties
and responsibilities which may be imposed by ERISA or other applicable law.

                (b) Acquisition and holding by the Plan of "qualifying employer
securities" and "qualifying employer real property", as defined in ERISA, shall
be permitted in accordance with the provisions of Section 407 of ERISA. For this
purpose, stock of Cott Corporation shall be considered qualifying employer
securities.

                (c) The Committee shall periodically, but at least annually,
reconsider the policy and method of funding the Plan and shall take such action
as it deems necessary and advisable to implement its determinations. Such
reconsideration shall take into account the short and long term financial needs
of the Plan.

        11.5 Resignation and Removal.

                (a) A member of the Committee may resign by delivering to the
Company a written notice of his resignation to take effect not less than sixty
(60) days after the delivery thereof, unless notice of a shorter duration shall
be accepted as adequate.

                                      XI-5
<PAGE>
                (b) Any member of the Committee may be removed by the Company by
delivering to such member or by mailing to him via registered mail at his last
known address, a written notification of such removal duly executed by the
Company, which shall take effect not less than sixty (60) days after delivery
thereof, unless notice of a shorter duration shall be accepted as adequate.

                (c) When any member of the Committee shall cease to serve
because of resignation, death, removal or otherwise, if no Committee members
would continue to serve, the Company shall fill the vacancy; if one or more
Committee members would otherwise continue to serve, the Company may, but need
not, fill the vacancy.

        11.6 Bonding Requirement. All Fiduciaries and any other persons who
handle assets of the Plan shall serve under such bond as may be required by
ERISA, or other applicable law, but in the absence of any such requirement,
shall serve without bond. The Plan shall purchase the bond for any Committee
member, director, officer, shareholder or Employee who is required to serve
under bond.

        11.7 Benefit Claims and Appeals. The claim of any person (hereinafter
referred to as the "Claimant") with respect to any benefits to which such
Claimant may be entitled under the Plan shall be considered in accordance with
the following procedure:

                (a) Any Claimant may make written application to the Committee
for benefits to which he believes he is entitled, at the time the application is
made, under the Plan. Such application shall set forth all information necessary
to determine whether the claim should be approved or denied. The Committee shall
furnish to the Claimant an acknowledgment of his application, including a notice
of the time limits set forth in this Section 11.7.

                                      XI-6
<PAGE>
                (b) The Committee shall either approve the claim and take any
appropriate action, or deny the claim. Such approval or denial shall be
accomplished within an initial period of ninety (90) days after receipt of the
claim by the Committee unless special circumstances require an extension of time
for processing the claim. If such an extension is required, written notice of
the extension shall be furnished to the Claimant prior to the termination of the
initial ninety (90) day period. Any such extension shall expire no later than
ninety (90) days after the end of the initial period. The extension notice shall
describe the special circumstances requiring the extension of time and the
expected date of decision.

                (c) If a claim is denied, the Committee shall furnish a written
notice of such action to the Claimant within the applicable time limit described
in paragraph (b). Such notice shall set forth, in a manner calculated to be
understood by the Claimant:

                        (i) the specific reason or reasons for the denial;

                        (ii) specific reference to the pertinent provisions of
        this Plan on which the denial is based,

                        (iii) a description of any additional material or
        information necessary for the Claimant to perfect his claim and an
        explanation of why such material or information is necessary; and

                        (iv) an explanation of the review procedure, as set
        forth in paragraph (d).

                (d) A Claimant whose claim has been denied (or to whom no
written notice of denial has been furnished within the applicable time limit
described in paragraph (b)) may appeal by written notice to the Committee
requesting a review of the denial. The Claimant's written

                                      XI-7
<PAGE>
request for review must be submitted to the Committee within sixty (60) days
after his receipt of the notice of the denial. A Claimant who wishes to appeal
or has appealed a denial may:

                        (i) review all pertinent documents relating to his
        claim; and

                        (ii) submit issues and comments in writing for
        consideration by the Committee.

                (e) The Committee shall render the decision on review within an
initial period of sixty (60) days after receipt of the Claimant's written
request for review, unless special circumstances (including the need to hold a
hearing, if the Committee has provided a procedure for holding hearings) require
an extension of time. Any such extension shall expire no later than sixty (60)
days after the end of the initial period. If such an extension is required,
written notice thereof shall be furnished to the Claimant before the end of the
initial period. The decision on review shall be in writing and shall include
specific reasons for the decision, written in a manner calculated to be
understood by the Claimant with specific references to the pertinent provisions
of the Plan on which the decision is based.

                (f) Any claim, request for review or other action which may be
made or taken by the Claimant under this Section may be made or taken by the
Claimant's duly authorized representative.

        11.8 Records and Reports. The Committee shall keep a record of all
proceedings and acts and shall keep such books of account, records, and other
data as may be necessary for proper administration of the Plan. The Committee
shall make the records available for examination during business hours to the
Employer or any person who may be entitled to benefits under the terms of this
Plan, except that any such person shall examine only such records as pertain
exclusively to such person, the Plan and Trust Agreement as currently in effect
or hereafter

                                      XI-8
<PAGE>
amended, and any other documents which such person may be entitled to examine
under ERISA or any other applicable law. The Committee shall also furnish to any
person who may be entitled to benefits under the terms of this Plan such
reports, descriptions, notifications or other materials as may be required under
ERISA, the Code or other applicable law.

        11.9 Expenses and Compensation of Fiduciaries.

                (a) All Fiduciaries, except those receiving full time pay from
the Employer may receive from the Plan such reasonable compensation for services
rendered to the Plan as shall be determined by the Company.

                (b) All Fiduciaries may be reimbursed for expenses reasonably
incurred in performance of their duties upon request, unless the contract, if
any, for services by such fiduciaries does not provide for the requested
reimbursement.

                (c) The Plan may make advances to a Fiduciary to cover expenses
to be properly and actually incurred by such Fiduciary in the performance of
that Fiduciary's duties with respect to the Plan, provided that

                        (i) the amount of the advance shall be reasonable with
        respect to the amount of the expense which is to be incurred, and

                        (ii) the Fiduciary must account to the Committee at the
        end of the period covered by the advance for the expenses actually
        incurred.

                (d) Nothing shall preclude a Fiduciary from receiving any
benefit to which he may be entitled under the terms of the Plan, provided that
such benefit shall be computed and paid on a basis which is consistent with the
terms of the Plan as applied to all other Participants and Beneficiaries.

                                      XI-9
<PAGE>
                (e) The Committee shall not be bound by any notice or other
communication unless and until it shall have been received in writing addressed
to the Company at:

                           Human Resources Department
                           5650 Whitesville Road - Suite 201
                           Columbus, GA  31904

                                     XI-10
<PAGE>
                                   ARTICLE XII

                                 THE TRUST FUND

        12.1 Trust Agreement. The Company has entered into an Agreement of Trust
(the "Trust Agreement") with the Trustee, providing for the administration of
the Fund by the Trustee, in such form and containing such provisions as are
deemed appropriate. The Trust Agreement shall be deemed to form a part of this
Plan, and any and all rights and benefits which may accrue to any person under
this Plan shall be subject to all the terms and provisions of said Trust
Agreement.

        12.2 Investment Funds. The Fund shall be composed of (i) Investment
Funds designated by the Committee consisting of amounts in Participants' Salary
Deferral Accounts, Matching Accounts, Employer Accounts and Rollover Accounts
and the earnings thereon that accrue from time to time and (ii) amounts invested
in Company Stock.

        12.3 No Segregation of Participants' Interests. Each Investment Fund may
be maintained on an unallocated, undivided basis with no segregation of the
interests of the Participants.

                                     XII-1
<PAGE>
                                  ARTICLE XIII

           AMENDMENT, TERMINATION AND DISCONTINUANCE OF CONTRIBUTIONS

        13.1 (a) The provisions of this Plan may be amended at any time and from
time to time, by the Company or by the Committee to the extent authority to make
amendments to the Plan has been delegated to the Committee by the Company's
Board of Directors. No such amendment, however, shall:

                        (i) vest in the Company any interest or control over the
        funds accumulated in accordance with this Plan or the benefits provided
        hereunder, except as provided in Section 3.6;

                        (ii) operate to deprive a Participant of any rights or
        benefits irrevocably vested in him under the Plan prior to such
        amendment; provided, however, that if any amendment shall be necessary
        to conform the Plan to the provisions and requirements of the Code, any
        regulation issued pursuant thereto, or any other pertinent provisions of
        federal or state law, no such amendment shall be considered prejudicial
        to the interest of a Participant or his Beneficiary, or a diversion of
        any part of the Fund to a purpose other than for their exclusive
        benefit; or

                        (iii) increase the powers, duties or liabilities of the
        Trustee without the Trustee's written consent.

                (b) Any modification or amendment of the Plan may be made
retroactive, if the Company, on the advice of counsel, deems such retroactivity
to be necessary in order for the Plan to conform to, or satisfy the conditions
of any law, governmental regulations or ruling, or to meet the requirements of
the applicable sections of the Code.

                                     XIII-1
<PAGE>
        13.2 (a) This Plan may be terminated by the Company through action of
the Company's Board of Directors. In the event of the termination or partial
termination of the Plan, or if there is a complete discontinuance of
contributions under the Plan, each affected Participant's interest in the Fund
shall be fully vested as of the date of such termination, partial termination or
complete discontinuance of contributions under the Plan.

                (b) If the operations of the Employer continue after
termination, the Fund shall either (i) continue to be held for distribution in
precisely the same time and manner as set forth in Article VII hereof or (ii)
shall be held for distribution by the Trustee who shall distribute to the
Participants then participating in the Fund the full amount standing to their
credit, less the administrative costs to the Trustee for such distribution, in a
lump sum cash payment in accordance with Article VII; provided, however, that
subparagraph (ii) shall apply only if the distribution is permitted under
Section 401(k)(10) of the Code and the Regulations thereunder.

                (c) If the Plan is terminated and the Employer dissolves or
ceases operation, the Fund shall be held for distribution by the Trustee who
shall distribute to the Participants then participating in the Fund the full
amount standing to their credit, less the administrative costs to the Trustee
for such distribution, in a lump sum cash payment in accordance with Article
VII, provided that such distribution is permitted under Section 401(k)(10) of
the Code and the Regulations thereunder.

                                     XIII-2
<PAGE>
                                   ARTICLE XIV

                                  MISCELLANEOUS

        14.1 Nothing contained in this Plan or in the Trust shall be held or
construed to create any liability upon the Employer to retain any Employee in
its employ. The Employer reserves the right to discontinue the services of any
Employee without any liability except for salary or wages that may be due and
unpaid whenever, in its judgment, its best interests so require.

        14.2 This Plan and the Trust is for the exclusive benefit of the
Participants and their Beneficiaries. This Plan should be interpreted in a
manner consistent with this intent and with the intention that the Trust satisfy
those provisions of the Code relating to qualified employee plans.

        14.3 The Employer shall have no liability in respect to the payment of
benefits or otherwise under the Plan; and the Employer shall have no liability
in respect to the administration of the Trust or of the Fund held by the
Trustees, and each Participant and/or Beneficiary shall look solely to the Fund
for any payments or benefits under the Plan.

        14.4 The Employer may pay all administrative expenses of the Plan and
Trust, including the compensation of consultants, auditors and counsel, but the
Employer shall not be obligated to pay such expenses. If the Employer elects not
to pay such expenses, the expenses shall be paid from the Fund. Any expenses
directly relating to the investments of the Fund, such as taxes, commissions,
and registration charges, shall be paid from the Fund.

        14.5 Except as may otherwise be provided under Section 401(a)(13)(B) and
(C) of the Code, no benefit under this Plan shall be subject in any manner to
anticipation, pledge, encumbrance, alienation or assignment, and any attempt to
anticipate, pledge, encumber, alienate or assign any such benefit shall be void,
nor shall any such benefits be in any way subject to

                                     XIV-1
<PAGE>
seizure, attachment or other legal or equitable process for the debts, contracts
or liabilities of any Participant or Beneficiary. For purposes of this Section
14.5, payments may be made under this Plan to an "alternative payee" (as defined
in Code Section 414(p)(8)) prior to the Participant's "earliest retirement age"
(within the meaning of Code Section 414(p)(4)(B)) to the extent that such
payments are consistent with the qualified domestic relations order.

        14.6 In the case of any merger or consolidation of the Plan with, or
transfer of Plan assets or liabilities to, any other plan, provisions shall be
made so that each Participant in the Plan on the date thereof (if the Plan then
terminated) would receive a benefit immediately after the merger, consolidation
or transfer which is equal to or greater than the benefit he would have been
entitled to receive immediately prior to the merger, consolidation or transfer
if the Plan had then terminated.

        14.7 If an Employee transfers from employment with the Employer to
employment with an Affiliate, his employment shall be deemed terminated for
purposes of the Plan at such time as he shall be employed by neither Employer
nor Affiliate.

        14.8 Effective December 12, 1994, notwithstanding any provision of the
Plan to the contrary, contributions and service credit with respect to qualified
military service will be provided in accordance with Section 414(u) of the Code.

        14.9 This Plan shall be construed and administered in complete
accordance with ERISA and, to the extent not preempted by such Act, the laws of
the State of Georgia.

        14.10 Pronouns shall be interpreted so that the masculine pronoun shall
include the feminine, and the singular shall include the plural.

                                     XIV-2
<PAGE>
        14.11 Headings of sections and subsections of this Plan are inserted for
convenience of reference. They constitute no part of this Plan and are not to be
considered in the construction thereof.

        14.12 If any provision of this Plan is held to be illegal, invalid or
unenforceable for any reason, this shall not affect any other provision of the
Plan, and this Plan shall be construed as if said illegal, invalid or
unenforceable provision had never been inserted herein.

        14.13 The Plan set forth herein shall amend and restate, effective as of
January 1, 1997, unless otherwise provided herein, all provisions of the Plan,
as in effect on December 31, 1996, except that the rights of former Employees
who terminated employment, died or retired prior to January 1, 1997, shall be
governed by the terms of such Plan as in effect at the time of the termination
of employment, death or retirement.

                                     XIV-3
<PAGE>
        IN WITNESS WHEREOF, BCB USA Corp. has executed this Plan on this 22nd
day of December, 2000.

Attest:                                              BCB USA CORP.

/s/ Jennifer Sears                          By: /s/ Colin D. Walker
------------------------                        --------------------------------
                                            Title: Senior Vice President

                                     XIV-4<PAGE>
                                                                     Exhibit 4.2

                                 FIRST AMENDMENT
                            TO THE RESTATED COTT USA
                        401(K) SAVINGS & RETIREMENT PLAN

      WHEREAS, the Restated Cott USA 401(k) Savings & Retirement Plan (the
"Plan") was adopted on December 22, 2000;

      WHEREAS, under Section XIII of the Plan, BCB USA Corp. reserved the
right to amend the provisions of the Plan; and

      WHEREAS, it has become necessary to amend the Plan in order to (i) provide
certain provisions pertaining to employees of RC Cola into the Plan and (ii)
make certain other changes to the Plan.

      NOW, THEREFORE, the Plan is hereby amended as follows:

      1.    Section 1.52(b) is amended by adding a new paragraph (v) at the
end thereof to read:

            "(v)  If on July 19, 2001 an Employee was employed by Royal
      Crown, Dr. Pepper/Seven Up Inc. or Dr. Pepper/Seven Up Manufacturing
      Co. and on July 20, 2001 such Employee was employed by BCB USA Corp.,
      any period during which such individual was employed by Royal Crown,
      Dr. Pepper/Seven Up Inc. and/or Dr. Pepper/Seven Up Manufacturing Co.
      shall be treated as employment as an Employee for purposes of
      calculating a "Year of Service."

      2.    Article II is amended by adding a new Section 2.6 at the end
thereof to read:

            "2.6 Notwithstanding anything contained herein, if an individual was
      a participant in the CBI Holdings Inc. Employees' Savings Plan on July 19,
      2001 and was an Employee other than an Employee described in clauses
      (a)-(c) of Section 1.14 on July 20, 2001, such individual may become a
      Participant hereunder on July 20, 2001 or any Entry Date thereafter (or on
      a subsequent date) in accordance with Section 2.3.

      3.    Section 7.3(a)(ii) is amended by adding the  following clause to
the end thereof to read:

      "; provided, however, that a Participant who was a participant in the CBI
      Holdings Inc. Employees' Savings Incentive Plan on July 19, 2001 and was
      an Employee on July 20, 2001, shall be one-hundred percent (100%) vested
      in his Matching Account and Employer Account at all times."
<PAGE>
      4.    Section 9.1(c) shall be amended to read as follows:
            "(c)  The minimum loan shall be $1,000 and except as otherwise
      provided in this paragraph (c), only one loan may be outstanding at any
      time. Effective October 1, 2001 two loans may be outstanding at any time
      provided one of such loans is used to solely purchase the Participant's
      primary residence. For purposes of this paragraph, any loan(s) that is
      rolled over into the Plan in accordance with Section 3.4(d) shall not be
      considered an outstanding loan(s) under the Plan.

      5.    Effective Dates.

            (a) The amendments made by paragraphs 1, 2 and 3 shall be effective
as of July 20, 2001.

            (b) The amendments made by paragraph 4 shall be effective October 1,
2001.

                                      -2-
<PAGE>
      IN WITNESS WHEREOF, BCB USA Corp. has executed this First Amendment to
the Plan on this 16th day of August, 2001.
                              BCB USA CORP.

                              By: /s/ Colin D. Walker
                                 -------------------------------------------

                              Title: Senior Vice President
                                    -----------------------------------------

                                      -3-

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