Document:

Exhibit 10.1

                RESTRICTED STOCK AWARD AGREEMENT

THIS  RESTRICTED STOCK AWARD AGREEMENT (this "Agreement") is made
and  entered  into as of the [_____] day of [__________]  20[___]
(the  "Grant Date"), by and between Werner Enterprises,  Inc.,  a
Nebraska  corporation (the "Company"), and [_______________],  an
eligible  participant  and  recipient ("Participant")  under  the
Werner  Enterprises, Inc. Equity Plan (as defined  and  described
below).   As set forth herein, this Agreement is subject  to  the
terms and conditions of the Werner Enterprises, Inc. Equity Plan,
as may be amended from time to time.

                            RECITALS

     WHEREAS,   the  Company  has  in  effect   the   Werner
     Enterprises,  Inc.  Equity Plan,  which  was  initially
     adopted by the Company on May 12, 1987 and ratified and
     approved by the stockholders of the Company on June  9,
     1987  as the Werner Enterprises, Inc. Stock Option Plan
     (as  amended  and restated on May 3, 1994, February  8,
     2000, May 9, 2000, February 25, 2003 and May 11, 2004),
     and  which was amended, restated and renamed the Werner
     Enterprises, Inc. Equity Plan by the Company  on  March
     15,  2007 and ratified and approved by the stockholders
     of  the Company on May 8, 2007 (the "Plan"), and  which
     may be amended and restated from time to time;

     WHEREAS,  the  Plan  permits shares  of  the  Company's
     common stock, $0.01 par value (the "Common Stock"),  to
     be  granted as restricted stock to (i) any key employee
     (including an employee who is a member of the Company's
     Board  of Directors (the "Board") and/or an officer  of
     the  Company  and its subsidiaries) and (ii)  any  non-
     employee member of the Board;

     WHEREAS,  the  Company believes it to be  in  the  best
     interests  of  the  Company and  its  stockholders  for
     certain key employees and non-employee members  of  the
     Board  to  obtain  or  increase their  stock  ownership
     interest in the Company in order to establish a greater
     incentive in providing services to the Company  and  to
     further  align  their  interests  with  those  of   the
     stockholders of the Company; and

     WHEREAS,  Participant is a key employee of the  Company
     and has been selected by the Compensation Committee  of
     the  Board  (the "Committee") to receive  an  award  of
     restricted stock under the Plan.

                            AGREEMENT

NOW,  THEREFORE,  in  consideration of the promises  and  of  the
covenants  and  agreements herein set forth, the  parties  hereby
mutually covenant and agree as follows:

1.    Grant  of  Restricted  Stock.  Subject  to  the  terms  and
      ----------------------------
conditions of the Plan (attached hereto as Exhibit A and  made  a
part  hereof)  and this Agreement, the Company hereby  grants  to
Participant an aggregate number of [_______ thousand] ([___,000])
restricted  shares  of  Common Stock (such restricted  shares  of
Common  Stock  are  hereinafter referred to  as  the  "Restricted
Stock" or the "Award").  The Restricted Stock granted under  this
Agreement  is  exempt from Section 409A of the  Internal  Revenue

                        Page 1 of 6

<PAGE>

Code  of  1986, as amended.  The Restricted Stock was granted  to
Participant on the Grant Date of [__________, 20___].

2.    Acceptance of Award.  The granting of this Restricted Stock
      -------------------
Award  does  not impose any obligation on Participant  to  accept
such  Award.  By accepting the Award, however, Participant agrees
to  be  subject  to and bound in accordance with  the  terms  and
conditions   of  this  Agreement  and  the  Plan.   Participant's
execution   of  this  Agreement  shall  evidence  and  constitute
Participant's acceptance of the Award contemplated herein.

3.    Vesting.   The Restricted Stock shall become  nonrestricted
      -------
and fully vested, and restrictions on such Restricted Stock shall
lapse, on [__________, 20___], the fifth (5th) anniversary of the
Grant  Date  (the "Vesting Date").  Until the occurrence  of  the
Vesting  Date,  all of the Restricted Stock shall be  non-vested,
may  be canceled and forfeited upon Participant's termination  of
employment  and may not be subject to further vesting under  this
Agreement, pursuant to the Plan and Section 7 of this Agreement.

4.    Value  of Restricted Stock.  Participant acknowledges  that
      --------------------------
the  value  of each share of Restricted Stock granted under  this
Agreement  is  not predetermined, fixed, permanent  or  otherwise
set, specified or guaranteed whatsoever.  On the Vesting Date and
each  subsequent date thereafter, the value of such  shares  that
fully  vest  and become unrestricted shall equal the Fair  Market
Value  of the Common Stock of the Company on the respective date.
Participant  acknowledges  that the Fair  Market  Value  of  such
shares may fluctuate and vary according to market conditions  and
other  factors.   "Fair Market Value" means the  closing  trading
price  of  one share of Common Stock on the NASDAQ Global  Select
MarketSM  securities exchange, as published by  the  Wall  Street
Journal for the date in question.

5.    Taxes.   Participant  will be solely  responsible  for  any
      -----
federal,  state, local or other taxes imposed in connection  with
the  granting and acceptance of the Restricted Stock pursuant  to
this  Agreement and the Plan and with the delivery of  Restricted
Stock  that has vested and become unrestricted pursuant  thereto.
Participant  acknowledges that upon Participant's recognition  of
the   income  with  respect  to  the  Restricted  Stock   granted
hereunder, the Company may withhold taxes pursuant to  the  terms
of the Plan.

6.   Issuance Upon Vesting; Withholdings.
     -----------------------------------

     (a)  On  the designated Vesting Date, Participant shall have
          all  rights  as  a  stockholder  and  be  entitled   to
          certificates  for  Restricted  Stock  that  vested  and
          became unrestricted upon (i) Participant's satisfaction
          of   all   applicable  tax  withholding   amounts   and
          requirements  and (ii) Participant's execution  of  the
          Investor   Representations  and  Warranties   Regarding
          Restricted  Stock  Awards  form  (attached  hereto   as
          Exhibit B).  The shares are payable to Participant upon
          vesting.

     (b)  The  Company is not obligated to deliver any Restricted
          Stock  that  has vested and become unrestricted  unless
          Participant  has  satisfied  all  applicable   federal,
          state,  local  and other tax withholding  requirements.
          Participant  may  pay all required withholding  amounts
          pursuant to the provisions of the Plan.

                        Page 2 of 6

<PAGE>

7.    Termination of Employment; Death.  Subject to the Plan  and
      --------------------------------
this   Agreement  and  unless  the  Plan  and  Agreement  provide
otherwise,  during  Participant's lifetime, only  Participant  is
entitled  to  receive  the  Restricted Stock  granted  hereunder.
Termination  of  Participant's employment with the  Company  will
affect the forfeiture of any Restricted Stock granted herein  and
shall  be  governed by the provisions of the Plan.  In the  event
Participant  dies while holding Restricted Stock  (not  otherwise
forfeited), all service period and other restrictions  applicable
to  such Restricted Stock shall lapse, and such Restricted  Stock
shall  become fully vested and nonforfeitable in accordance  with
the Plan.

8.    Nonassignability of Award.  The Award of  Restricted  Stock
      -------------------------
shall  not  be  assigned,  mortgaged,  pledged,  attached,  sold,
transferred or otherwise encumbered by Participant other than  by
will  or the applicable laws of descent and distribution,  except
as  may be permitted by the Board or Committee from time to  time
in   accordance  with  the  Plan.   If  Participant  attempts  to
alienate,  assign,  pledge, hypothecate or otherwise  dispose  of
Participant's  Restricted  Stock  Award,  such   Award   may   be
terminated and become null and void pursuant to the Plan.

9.    No Stockholder and Dividend Rights.  Participant shall  not
      ----------------------------------
be   deemed  for  any  purpose  to  have  any  dividend,  voting,
liquidation or other rights with respect to the Restricted  Stock
granted  hereunder,  except to the extent  that  such  Restricted
Stock vests and becomes unrestricted and Participant then becomes
entitled  to  an  issued stock certificate for  such  vested  and
unrestricted shares, pursuant to this Agreement and the Plan.

10.  Restrictions on Transfers of Common Stock.
     -----------------------------------------

     (a)  Participant  agrees individually and for  Participant's
          heirs, legatees and legal representatives, with respect
          to  all  unrestricted shares of Common  Stock  acquired
          pursuant  to the terms and conditions of this Agreement
          (or  any  shares of Common Stock issued pursuant  to  a
          stock dividend or stock split thereon or any securities
          issued  in lieu thereof or in substitution or  exchange
          therefor),  that  Participant and Participant's  heirs,
          legatees  and legal representatives shall not  sell  or
          otherwise dispose of such shares except pursuant to  an
          effective  registration statement under the  Securities
          Act of 1933 (the "1933 Act") or except in a transaction
          which,  in  the opinion of counsel for the Company,  is
          exempt  from  the registration and prospectus  delivery
          requirements  under the Act.  As further conditions  to
          Participant's receipt of the unrestricted Common  Stock
          acquired  pursuant  to  this Agreement  and  the  Plan,
          Participant  agrees individually and for  Participant's
          heirs,  legatees  and legal representatives,  prior  to
          such acquisition, to execute and deliver to the Company
          those  investment  representations and  warranties  set
          forth  in  Exhibit  B hereto and to  take  those  other
          actions, as counsel for the Company determines  may  be
          necessary or appropriate for compliance with  the  1933
          Act and any applicable securities laws.

     (b)  Unless  otherwise determined by the Board,  Participant
          agrees  that  any  certificate representing  restricted
          shares  of  Common Stock acquired under this  Agreement
          and  in  accordance with the Plan shall bear  a  legend
          substantially similar to the following (and  any  other
          legend as may be required by state securities laws):

               The   shares  of  Common  Stock   of   Werner
               Enterprises,   Inc.   represented   by   this
               certificate are restricted securities as that
               term  is  defined under Rule 144  promulgated

                        Page 3 of 6

<PAGE>

               under  the Securities Act of 1933, as amended
               (the  "Act").  These shares may not be  sold,
               assigned,  transferred or disposed of  unless
               (i)  such shares are registered under the Act
               or  (ii)  such sale, assignment, transfer  or
               disposition of such shares is exempt from the
               registration    and    prospectus    delivery
               requirements  of the Act and  any  applicable
               state securities laws.  Any sale, assignment,
               exchange, gift, transfer or other disposition
               of  the  Common  Stock  represented  by  this
               certificate  is  subject  to  the  terms  and
               provisions  of  the Werner Enterprises,  Inc.
               Equity  Plan  and the Restricted Stock  Award
               Agreement, dated [__________, 20___], by  and
               between   Werner   Enterprises,   Inc.    and
               [_______________].

     (c)  Unless  the Board determines otherwise, any certificate
          representing   unrestricted  shares  of  Common   Stock
          acquired  under  this Agreement and in accordance  with
          the  Plan shall bear a legend substantially similar  to
          the  aforementioned  legend in  Section  9(b)  of  this
          Agreement  (and any other legend as may be required  by
          state securities laws); however, the final sentence  of
          such legend may be removed by the Company upon the full
          vesting  and  lapse of restrictions of  the  Restricted
          Stock granted hereunder.

11.  Adjustments.  In the event there is change in the number  or
     -----------
rights  and privileges of the outstanding shares of Common  Stock
(or of any stock or other securities into which such Common Stock
may  be changed or for which it may be exchanged), then the Board
or  Committee  may adjust the number or rights and privileges  of
the shares subject to the Restricted Stock Award if the Board  or
Committee  in  its  sole discretion determines that  such  change
equitably   requires  such  an  adjustment.   As  part   of   the
adjustment, the Board or Committee shall determine, in  its  sole
discretion, the manner of any such adjustment.  Any adjustment or
substitution  provided for in this Section 11 or the  Plan  shall
not result in the issuance of any fractional shares.

12.   Board and Committee Authority.  As consistent with the Plan
      -----------------------------
and  this  Agreement, the Board and Committee have the power  and
discretion  to  interpret this Agreement;  adopt  rules  for  the
administration, interpretation and application of this Agreement;
and  interpret  or  revoke  any such rules  (including,  but  not
limited  to, determinations of employment termination and whether
any  Restricted Stock has vested or shall be deemed vested).  All
actions taken and all interpretations and determinations made  by
the  Board and Committee in good faith will be final and  binding
upon  Participant, the Company and all other interested  parties.
No member of the Board or Committee will be personally liable for
any  action, determination or interpretation made in  good  faith
with respect to this Agreement.

13.  Rights and Powers of Company Not Affected.  The existence of
     -----------------------------------------
the  Restricted  Stock  granted under this  Agreement  shall  not
affect  in  any  way the rights or powers of the Company  or  its
stockholders  to  authorize and effect any  or  all  adjustments,
recapitalizations,  reorganizations or other  transformations  or
alterations  to  the  Company's capital  structure,  business  or
operations;  any  merger  or  acquisition  of  the  Company;  any
issuance   of  bonds  or  debentures;  any  preferred  or   prior
preference  stock ahead of or affecting the Common Stock  or  the
rights thereof; a dissolution or liquidation of the Company;  any
sale  or  transfer of all or any part of the Company's assets  or

                        Page 4 of 6

<PAGE>

business;  or any other lawful corporate act or proceeding  of  a
similar character or otherwise.

14.   No  Right to Employment.  The provisions of this  Agreement
      -----------------------
(including the granting and vesting of the Restricted  Stock)  do
not  confer  upon  Participant any right to continued  employment
with  the  Company  or  its subsidiaries,  nor  do  any  of  such
provisions interfere in any way with the right of the Company  or
subsidiary  (as  the  case  may be)  to  terminate  Participant's
employment   or   to  make  any  modification  to   Participant's
compensation at any time.

15.    Changes   in   Circumstances   Affecting   Common   Stock.
       ---------------------------------------------------------
Participant  expressly  understands and agrees  that  Participant
assumes  all  risks incident to (i) any change hereafter  in  any
applicable laws or regulations or (ii) any change in the value of
the   Restricted  Stock  issued  under  this  Agreement  or   the
outstanding Common Stock after the date hereof.

16.    Notice.   All  notices,  claims,  certificates,  requests,
       ------
demands and other communications provided hereunder shall  be  in
writing and shall be deemed duly given if personally delivered or
if   sent  by  a  recognized  overnight  courier;  registered  or
certified mail (return receipt requested and postage prepaid); or
telecopy,  facsimile or other means of electronic  correspondence
(confirmation  of  receipt requested).   Participant  shall  send
notice to the Corporate Secretary of the Company at the Company's
principal  executive offices in Omaha, Nebraska, and the  Company
shall  send  notice to Participant at an address  designated  and
provided by Participant to the Corporate Secretary.  Notice shall
be  deemed to be received as follows:  (i) for personal delivery,
on the date of such delivery; (ii) for recognized courier, on the
next  business day after sent; (iii) for registered or  certified
mail,  on  the  third business day following that  on  which  the
notice  was  postmarked;  and  (iv) for  telecopy,  facsimile  or
electronic correspondence, when receipt of confirmation is  given
(or if no receipt is provided, on the business day after the date
sent).

17.   Assignment  of Agreement.  Participant is  prohibited  from
      ------------------------
assigning,  transferring or otherwise conveying  this  Agreement,
including  any  or  all of Participant's duties  and  obligations
hereunder, until the terms, conditions and restrictions contained
herein  have been satisfied and released or unless the  Board  or
Committee consents and permits otherwise.

18.  Amendment or Modification; Counterparts.  This Agreement may
     ---------------------------------------
be amended, modified or supplemented only by a written instrument
executed by all parties to this Agreement.  This Agreement may be
executed in one or more counterparts.  Each counterpart shall  be
deemed  original,  but  all  such  counterparts  together   shall
constitute but one agreement.

19.   Severability.   If  any  provision  of  this  Agreement  is
      ------------
adjudicated or determined by a court of competent jurisdiction to
be  invalid,  prohibited or unenforceable for any lawful  reason,
such provision (as to such jurisdiction) shall be ineffective and
rendered  null and void.  In such event, the remaining provisions
of this Agreement shall remain effective, valid and enforceable.

20.  Governing Law.  This Agreement shall be governed by the laws
     -------------
of  the  State  of Nebraska without regard to the  principles  of
conflicts of laws and with respect to all matters, including (but
not  limited  to)  matters  of  validity,  construction,  effect,
performance and remedies.  Participant expressly submits  to  the
exclusive  personal  jurisdiction  and  exclusive  venue  of  the
federal  and state courts of competent jurisdiction in the  State
of Nebraska.

                        Page 5 of 6

<PAGE>

21.   Waiver of Jury Trial.  Each party to this Agreement  hereby
      --------------------
irrevocably  and  unconditionally waives, to the  fullest  extent
permitted by law, the right to trial by jury in any suit,  action
or proceeding arising hereunder.

22.   Terms of the Plan Govern.  All parties acknowledge that the
      ------------------------
Restricted Stock is granted under and pursuant to the Plan, which
shall  govern all rights, interests, obligations and undertakings
of  the  Company and Participant.  The Plan shall govern  and  be
controlling  in the event (i) any of the terms of  the  Plan  and
this   Agreement  are  inconsistent  or  conflict  or  (ii)  this
Agreement is silent and does not include provisions with  respect
to  a  particular matter or circumstance.  All capitalized  terms
not otherwise defined herein shall have the meanings assigned  to
such terms in the Plan.

IN WITNESS WHEREOF, the parties hereto agree to the terms and
conditions herein and have executed this Restricted Stock Award
Agreement, effective as of the Grant Date first set forth above.

PARTICIPANT:                         WERNER ENTERPRISES, INC.:
                                 By:

---------------------------          ----------------------------
Signature                            Signature

---------------------------          ----------------------------
Name (Print)                         Name (Print)

---------------------------          ----------------------------
Title                                Title

---------------------------          ----------------------------
Date                                 Date

                        Page 6 of 6

<PAGE>

                            EXHIBIT A
                            ---------

                    WERNER ENTERPRISES, INC.
                           EQUITY PLAN

<PAGE>

                            EXHIBIT B
                            ---------

             INVESTOR REPRESENTATIONS AND WARRANTIES
                REGARDING RESTRICTED STOCK AWARDS

The  undersigned  hereby acknowledges, represents,  warrants  and
agrees with Werner Enterprises, Inc. (the "Company") with respect
to the following:

1.  The  undersigned is acquiring [_______ thousand]  ([___,000])
    restricted  shares (the "Shares") of the common stock,  $0.01
    par  value,  of  the Company.  Such Shares (whether  unvested
    and  restricted or whether vested and unrestricted), are  for
    his  own  account, for investment purposes only and  are  not
    acquired  with  a view to or for the resale, distribution  or
    fractionalization thereof, in whole or in part; and no  other
    person  has a direct or indirect beneficial interest  in  the
    Shares.

2.  The  undersigned  acknowledges  his  understanding  that  the
    offering  and  acceptance of the Shares  is  intended  to  be
    exempt  from registration under the Securities Act  of  1933,
    as   amended  (the  "Act").   In  furtherance  thereof,   the
    undersigned  represents and warrants to and agrees  with  the
    Company as follows:

     (a) The  undersigned acknowledges his understanding  of  the
         risks inherent in an investment of this nature and  that
         he  has the financial ability to bear the economic  risk
         of  his acquired investment in the Company (including  a
         possible  loss  of such investment), has adequate  means
         for   providing  for  his  current  needs  and  personal
         contingencies  and  has  no  need  for  liquidity   with
         respect to his acquired investment in the Company.

     (b) The   undersigned  has  knowledge  and   experience   in
         financial  and  business matters as  to  be  capable  of
         evaluating   the  merits  and  risks  of   an   acquired
         investment  in  the  Shares and  has  obtained,  in  his
         judgment,  sufficient information from  the  Company  to
         evaluate  the merits and risks of such an investment  in
         the Shares.

3.   The undersigned:

     (a) Has  had  reasonable  opportunity to obtain  information
         concerning  the  Shares,  the  Company  and  all   other
         information  relating to an acquired investment  in  the
         Shares; and

     (b) Has  been given the opportunity to ask questions of, and
         receive  answers from, the officers of  the  Company  in
         order  for  him to evaluate the merits and risks  of  an
         acquired investment in the Shares.

4.  In  making his decision to accept the Shares, the undersigned
    has  relied solely upon the Restricted Stock Award  Agreement
    between  the  undersigned and the Company dated  [__________,
    20___],  the Werner Enterprises, Inc. Equity Plan (as defined
    in  such  Restricted  Stock  Award  Agreement),  any  written
    information  supplied  by  the  Company  or  its   authorized

<PAGE>

    representatives  and any independent investigations  made  by
    him.   The undersigned is not relying on the Company  or  any
    of  its  officers or members of the Board of  Directors  with
    respect  to  tax  advice  or  other  economic  considerations
    involved  in  this  investment relating to the  undersigned's
    own tax and economic situation.

5.  The  undersigned represents, warrants and agrees that he will
    not  sell  or otherwise transfer the Shares (whether unvested
    and  restricted  or whether vested and unrestricted)  without
    registration under the Act or an exemption therefrom, and  he
    fully  understands and agrees that he must bear the  economic
    risk  of his acquired investment for an indefinite period  of
    time.   The  undersigned  also  understands  that  sales   or
    transfers  of  the  Shares  are  further  restricted  by  the
    provisions  of the Werner Enterprises, Inc. Equity  Plan  and
    applicable federal and state securities laws.

IN  WITNESS  WHEREOF, the undersigned has executed this  Investor
Representations and Warranties Regarding Restricted Stock  Awards
form as of the date set forth below.

                             -----------------------------------
                             Signature

                             -----------------------------------
                             Name (Print)

                             -----------------------------------
                             Title

                             -----------------------------------
                             DateExhibit 10.2

           THE EXECUTIVE NONQUALIFIED EXCESS PLAN
                        PLAN DOCUMENT

<PAGE>

           THE EXECUTIVE NONQUALIFIED EXCESS PLAN

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

     By execution of the Adoption Agreement, the Employer

has adopted the Plan set forth herein, and in the Adoption

Agreement, to provide a means by which certain management

Employees or Independent Contractors of the Employer may

elect to defer receipt of current Compensation from the

Employer in order to provide retirement and other benefits

on behalf of such Employees or Independent Contractors of

the Employer, as selected in the Adoption Agreement. The

Plan is intended to be a nonqualified deferred compensation

plan that complies with the provisions of Section 409A of

the Internal Revenue Code (the "Code"). The Plan is also

intended to be an unfunded plan maintained primarily for the

purpose of providing deferred compensation benefits for a

select group of management or highly compensated employees

under Sections 201(2), 301(a)(3) and 401(a)(l) of the

Employee Retirement Income Security Act of 1974 ("ERISA")

and independent contractors. Notwithstanding any other

provision of this Plan, this Plan shall be interpreted,

operated and administered in a manner consistent with these

intentions.

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

     As used in the Plan, including this Section 2,

references to one gender shall include the other, unless

otherwise indicated by the context:

     2.1  "Active Participant" means, with respect to any

day or date, a Participant who is in Service on such day or

date; provided, that a Participant shall cease to be an

Active Participant (i) immediately upon a determination by

the Committee that the Participant has ceased to be an

Employee or Independent Contractor, or (ii) at the end of

                         1

<PAGE>

the Plan Year that the Committee determines the Participant

no longer meets the eligibility requirements of the Plan.

     2.2  "Adoption Agreement" means the written agreement

pursuant to which the Employer adopts the Plan. The Adoption

Agreement is a part of the Plan as applied to the Employer.

     2.3  "Beneficiary" means the person, persons, entity or

entities designated or determined pursuant to the provisions

of Section 13 of the Plan.

     2.4  "Board" means the Board of Directors of the

Company, if the Company is a corporation. If the Company is

not a corporation, "Board" shall mean the Company.

     2.5  "Change in Control Event" means an event described

in Section 409A(a)(2)(A)(v) of the Code (or any successor

provision thereto) and the regulations thereunder.

     2.6  "Committee" means the persons or entity designated

in the Adoption Agreement to administer the Plan.  If the

Committee designated in the Adoption Agreement is unable to

serve, the Employer shall satisfy the duties of the

Committee provided for in Section 9.

     2.7  "Company" means the company designated in the

Adoption Agreement as such.

     2.8  "Compensation" shall have the meaning designated

in the Adoption Agreement.

     2.9  "Crediting Date" means the date designated in the

Adoption Agreement for crediting the amount of any

Participant Deferral Credits to the Deferred Compensation

Account of a Participant. Employer Credits may be credited

                         2

<PAGE>

to the Deferred Compensation Account of a Participant on any

day that securities are traded on a national securities

exchange.

     2.10 "Deferred Compensation Account" means the account

maintained with respect to each Participant under the Plan.

The Deferred Compensation Account shall be credited with

Participant Deferral Credits and Employer Credits, credited

or debited for deemed investment gains or losses, and

adjusted for payments in accordance with the rules and

elections in effect under Section 8. The Deferred

Compensation Account of a Participant shall include any In-

Service or Education Account of the Participant, if

applicable.

     2.11 "Disabled" means Disabled within the meaning of

Section 409A of the Code and the regulations thereunder.

Generally, this means that the Participant is unable to

engage in any substantial gainful activity by reason of any

medically determinable physical or mental impairment which

can be expected to result in death or can be expected to

last for a continuous period of not less than 12 months, or

is, by reason of any medically determinable physical or

mental impairment which can be expected to result in death

or can be expected to last for a continuous period of not

less than 12 months, receiving income replacement benefits

for a period of not less than three months under an accident

and health plan covering Employees of the Employer.

     2.12    "Education Account" is an In-Service Account

which will be used by the Participant for educational

purposes.

     2.13 "Effective Date" shall be the date designated in

the Adoption Agreement.

     2.14 "Employee" means an individual in the Service of

the Employer if the relationship between the individual and

the Employer is the legal relationship of employer and

                         3

<PAGE>

employee. An individual shall cease to be an Employee upon

the Employee's separation from Service.

     2.15 "Employer" means the Company, as identified in the

Adoption Agreement, and any Participating Employer which

adopts this Plan. An Employer may be a corporation, a

limited liability company, a partnership or sole

proprietorship.

     2.16 "Employer Credits" means the amounts credited to

the Participant's Deferred Compensation Account by the

Employer pursuant to the provisions of Section 4.2.

     2.17 "Grandfathered Amounts" means, if applicable, the

amounts that were deferred under the Plan and were earned

and vested within the meaning of Section 409A of the Code

and regulations thereunder as of December 31, 2004.

Grandfathered Amounts shall be subject to the terms

designated in the Adoption Agreement.

     2.18 "Independent Contractor" means an individual in

the Service of the Employer if the relationship between the

individual and the Employer is not the legal relationship of

employer and employee. An individual shall cease to be an

Independent Contractor upon the termination of the

Independent Contractor's Service. An Independent Contractor

shall include a director of the Employer who is not an

Employee.

     2.19 "In-Service Account" means a separate account to

be kept for each Participant that has elected to take in-

service distributions as described in Section 5.4. The In-

Service Account shall be adjusted in the same manner and at

the same time as the Deferred Compensation Account under

Section 8 and in accordance with the rules and elections in

effect under Section 8.

                         4

<PAGE>

     2.20 "Normal Retirement Age" of a Participant means the

age designated in the Adoption Agreement.

     2.21 "Participant" means with respect to any Plan Year

an Employee or Independent Contractor who has been

designated by the Committee as a Participant and who has

entered the Plan or who has a Deferred Compensation Account

under the Plan; provided that if the Participant is an

Employee, the individual must be a highly compensated or

management employee of the Employer within the meaning of

Sections 201(2), 301(a)(3) and 401(a)(1) of ERISA.

     2.22 "Participant Deferral Credits" means the amounts

credited to the Participant's Deferred Compensation Account

by the Employer pursuant to the provisions of Section 4.1.

     2.23 "Participating Employer" means any trade or

business (whether or not incorporated) which adopts this

Plan with the consent of the Company identified in the

Adoption Agreement.

     2.24 "Participation Agreement" means a written

agreement entered into between a Participant and the

Employer pursuant to the provisions of Section 4.1

     2.25 "Performance-Based Compensation" means

compensation where the amount of, or entitlement to, the

compensation is contingent on the satisfaction of

preestablished organizational or individual performance

criteria relating to a performance period of at least twelve

months. Organizational or individual performance criteria

are considered preestablished if established in writing

within 90 days after the commencement of the period of

service to which the criteria relates, provided that the

outcome is substantially uncertain at the time the criteria

are established. Performance-based compensation may include

                         5

<PAGE>

payments based upon subjective performance criteria as

provided in regulations and administrative guidance

promulgated under Section 409A of the Code.

     2.26 "Plan" means The Executive Nonqualified Excess

Plan, as herein set out and as set out in the Adoption

Agreement, or as duly amended. The name of the Plan as

applied to the Employer shall be designated in the Adoption

Agreement.

     2.27 "Plan-Approved Domestic Relations Order" shall

mean a judgment, decree, or order (including the approval of

a settlement agreement) which is:

     2.27.1    Issued pursuant to a State's domestic
relations law;

     2.27.2    Relates to the provision of child support,
alimony payments or marital property rights to a Spouse,
former Spouse, child or other dependent of the Participant;

     2.27.3    Creates or recognizes the right of a Spouse,
former Spouse, child or other dependent of the Participant
to receive all or a portion of the Participant's benefits
under the Plan;

     2.27.4    Requires payment to such person of their
interest in the Participant's benefits in an immediate lump
payment; and

     2.27.5    Meets such other requirements established by
the Committee.

     2.28 "Plan Year" means the twelve-month period ending

on the last day of the month designated in the Adoption

Agreement; provided that the initial Plan Year may have

fewer than twelve months.

     2.29 "Qualifying Distribution Event" means (i) the

Separation from Service of the Participant, (ii) the date

the Participant becomes Disabled, (iii) the death of the

Participant, (iv) the time specified by the Participant for

an In-Service or Education Distribution, (v) a Change in

Control Event, or (vi) an Unforeseeable Emergency, each to

the extent provided in Section 5.

                         6

<PAGE>

     2.30 "Seniority Date" shall have the meaning designated

in the Adoption Agreement.

     2.31 "Separation from Service" or "Separates from

Service" means a "separation from service" within the

meaning of Section 409A of the Code.

     2.32 "Service" means employment by the Employer as an

Employee. For purposes of the Plan, the employment

relationship is treated as continuing intact while the

Employee is on military leave, sick leave, or other bona

fide leave of absence if the period of such leave does not

exceed six months, or if longer, so long as the Employee's

right to reemployment is provided either by statute or

contract. If the Participant is an Independent Contractor,

"Service" shall mean the period during which the contractual

relationship exists between the Employer and the

Participant. The contractual relationship is not terminated

if the Participant anticipates a renewal of the contract or

becomes an Employee.

     2.33 "Service Bonus" means any bonus paid to a

Participant by the Employer which is not Performance-Based

Compensation.

     2.34 "Specified Employee" means an employee who meets

the requirements for key employee treatment under Section

416(i)(l)(A)(i), (ii) or (iii) of the Code (applied in

accordance with the regulations thereunder and without

regard to Section 416(i)(5) of the Code) at any time during

the twelve month period ending on December 31 of each year

(the "identification date"). Unless binding corporate action

is taken to establish different rules for determining

Specified Employees for all plans of the Company and its

controlled group members that are subject to Section 409A of

the Code, the foregoing rules and the other default rules

under the  regulations of Section 409A of the Code shall

                         7

<PAGE>

apply. If the person is a key employee as of any

identification date, the person is treated as a Specified

Employee for the twelve-month period beginning on the first

day of the fourth month following the identification date.

     2.35 "Spouse" or ''Surviving Spouse" means, except as

otherwise provided in the Plan, a person who is the legally

married spouse or surviving spouse of a Participant.

     2.36 "Unforeseeable Emergency" means an "unforeseeable

emergency" within the meaning of Section 409A of the Code.

     2.37 "Years of Service" means each Plan Year of Service

completed by the Participant. For vesting purposes, Years of

Service shall be calculated from the date designated in the

Adoption Agreement and Service shall be based on service

with the Company and all Participating Employers.

     Section 3.     Participation:
     ---------      -------------

     The Committee in its discretion shall designate each

Employee or Independent Contractor who is eligible to

participate in the Plan. A Participant who separates from

Service with the Employer and who later returns to Service

will not be an Active Participant under the Plan except upon

satisfaction of such terms and conditions as the Committee

shall establish upon the Participant's return to Service,

whether or not the Participant shall have a balance

remaining in the Deferred Compensation Account under the

Plan on the date of the return to Service.

     Section 4.     Credits to Deferred Compensation Account:
     ---------      ----------------------------------------

     4.1  Participant Deferral Credits. To the extent

provided in the Adoption Agreement, each Active Participant

may elect, by entering into a Participation Agreement with

the Employer, to defer the receipt of Compensation from the

                         8

<PAGE>

Employer by a dollar amount or percentage specified in the

Participation Agreement. The amount of Compensation the

Participant elects to defer, the Participant Deferral

Credit, shall be credited by the Employer to the Deferred

Compensation Account maintained for the Participant pursuant

to Section 8. The following special provisions shall apply

with respect to the Participant Deferral Credits of a

Participant:

     4.1.1     The Employer shall credit to the
Participant's Deferred Compensation Account on each
Crediting Date an amount equal to the total Participant
Deferral Credit for the period ending on such Crediting
Date.

     4.1.2     An election pursuant to this Section 4.1
shall be made by the Participant by executing and delivering
a Participation Agreement to the Committee. Except as
otherwise provided in this Section 4.1, the Participation
Agreement shall become effective with respect to such
Participant as of the first day of January following the
date such Participation Agreement is received by the
Committee. A Participant's election may be changed at any
time prior to the last permissible date for making the
election as permitted in this Section 4.1, and shall
thereafter be irrevocable. The election of a Participant
shall continue in effect for subsequent years until modified
by the Participant as permitted in this Section 4.1.

     4.1.3     A Participant may execute and deliver a
Participation Agreement to the Committee within 30 days
after the date the Participant first becomes eligible to
participate in the Plan to be effective as of the first
payroll period next following the date the Participation
Agreement is fully executed. Whether a Participant is
treated as newly eligible for participation under this
Section shall be determined in accordance with Section 409A
of the Code and the regulations thereunder, including (i)
rules that treat all elective deferral account balance plans
as one plan, and (ii) rules that treat a previously eligible
employee as newly eligible if his benefits had been
previously distributed or if he has been ineligible for 24
months. For Compensation that is earned based upon a
specified performance period (for example, an annual bonus),
where a deferral election is made under this Section but
after the beginning of the performance period, the election
will only apply to the portion of the Compensation equal to
the total amount of the Compensation for the service period
multiplied by the ratio of the number of days remaining in
the performance period after the election over the total
number of days in the performance period.

     4.1.4     A Participant may unilaterally modify a
Participation Agreement (either to terminate, increase or
decrease the portion of his future Compensation which is
subject to deferral within the percentage limits set forth
in Section 4.1 of the Adoption Agreement) by providing a
written modification of the Participation Agreement to the
Committee. The modification shall become effective as of the
first day of January following the date such written
modification is received by the Committee.

                         9

<PAGE>

     4.1.5     If the Participant performed services
continuously from the later of the beginning of the
performance period or the date upon which the performance
criteria are established through the date upon which the
Participant makes an initial deferral election, a
Participation Agreement relating to the deferral of
Performance-Based Compensation may be executed and delivered
to the Committee no later than the date which is 6 months
prior to the end of the performance period, provided that in
no event may an election to defer Performance-Based
Compensation be made after such Compensation has become
readily ascertainable.

     4.1.6     If the Employer has a fiscal year other than
the calendar year, Compensation relating to Service in the
fiscal year of the Employer (such as a bonus based on the
fiscal year of the Employer), of which no amount is paid or
payable during the fiscal year, may be deferred at the
Participant's election if the election to defer is made not
later than the close of the Employer's fiscal year next
preceding the first fiscal year in which the Participant
performs any services for which such Compensation is
payable.

     4.1.7     Compensation payable after the last day of
the Participant's taxable year solely for services provided
during the final payroll period containing the last day of
the Participant's taxable year (i.e., December 31) is
treated for purposes of this Section 4.1 as Compensation for
services performed in the subsequent taxable year.

     4.1.8     The Committee may from time to time establish
policies or rules consistent with the requirements of
Section 409A of the Code to govern the manner in which
Participant Deferral Credits may be made.

     4.1.9     If a Participant becomes Disabled or applies
for and is eligible for a distribution on account of an
Unforeseeable Emergency during a Plan Year, his deferral
election for such Plan Year shall be cancelled.

     4.2  Employer Credits. If designated by the Employer in

the Adoption Agreement, the Employer shall cause the

Committee to credit to the Deferred Compensation Account of

each Active Participant an Employer Credit as determined in

accordance with the Adoption Agreement.  A Participant must

make distribution elections with respect to any Employer

Credits credited to his Deferred Compensation Account by the

deadline that would apply under Section 4.1 for distribution

elections with respect to Participant Deferral Credits

credited at the same time, on a Participation Agreement that

                         10

<PAGE>

is timely executed and delivered to the Committee pursuant

to Section 4.1.

     4.3  Deferred Compensation Account. All Participant

Deferral Credits and Employer Credits shall be credited to

the Deferred Compensation Account of the Participant as

provided in Section 8.

     Section 5.     Qualifying Distribution Events:
     ---------      ------------------------------

     5.1  Separation from Service. If the Participant

Separates from Service with the Employer, the vested balance

in the Deferred Compensation Account shall be paid to the

Participant by the Employer as provided in Section 7.

Notwithstanding the foregoing, no distribution shall be made

earlier than six months after the date of Separation from

Service (or, if earlier, the date of death) with respect to

a Participant who as of the date of Separation from Service

is a Specified Employee of a corporation the stock in which

is traded on an established securities market or otherwise.

Any payments to which such Specified Employee would be

entitled during the first six months following the date of

Separation from Service shall be accumulated and paid on the

first day of the seventh month following the date of

Separation from Service.

     5.2  Disability. If the Employer designates in the

Adoption Agreement that distributions are permitted under

the Plan when a Participant becomes Disabled, and the

Participant becomes Disabled while in Service, the vested

balance in the Deferred Compensation Account shall be paid

to the Participant by the Employer as provided in Section 7.

                         11

<PAGE>

     5.3  Death. If the Participant dies while in Service,

the Employer shall pay a benefit to the Participant's

Beneficiary in the amount designated in the Adoption

Agreement.  Payment of such benefit shall be made by the

Employer as provided in Section 7.

     5.4  In-Service or Education Distributions. If the

Employer designates in the Adoption Agreement that in-

service or education distributions are permitted under the

Plan, a Participant may designate in the Participation

Agreement to have a specified amount credited to the

Participant's In-Service or Education Account for in-service

or education distributions at the date specified by the

Participant. In no event may an in-service or education

distribution of an amount be made before the date that is

two years after the first day of the year in which such

amount was credited to the In-Service or Education Account.

Notwithstanding the foregoing, if a Participant incurs a

Qualifying Distribution Event prior to the date on which the

entire balance in the In-Service or Education Account has

been distributed, then the balance in the In-Service or

Education Account on the date of the Qualifying Distribution

Event shall be paid as provided under Section 7.1 for

payments on such Qualifying Distribution Event.

     5.5  Change in Control Event. If the Employer

designates in the Adoption Agreement that distributions are

permitted under the Plan upon the occurrence of a Change in

Control Event, the Participant may designate in the

Participation Agreement to have the vested balance in the

Deferred Compensation Account paid to the Participant upon a

Change in Control Event by the Employer as provided in

Section 7.

     5.6  Unforeseeable Emergency. If the Employer

designates in the Adoption Agreement that distributions are

permitted under the Plan upon the occurrence of an

                         12

<PAGE>

Unforeseeable Emergency event, a distribution from the

Deferred Compensation Account may be made to a Participant

in the event of an Unforeseeable Emergency, subject to the

following provisions:

     5.6.1     A Participant may, at any time prior to his
Separation from Service for any reason, make application to
the Committee to receive a distribution in a lump sum of all
or a portion of the vested balance in the Deferred
Compensation Account (determined as of the date the
distribution, if any, is made under this Section 5.6)
because of an Unforeseeable Emergency. A distribution
because of an Unforeseeable Emergency shall not exceed the
amount required to satisfy the Unforeseeable Emergency plus
amounts necessary to pay taxes reasonably anticipated as a
result of such distribution, after taking into account the
extent to which the Unforeseeable Emergency may be relieved
through reimbursement or compensation by insurance or
otherwise or by liquidation of the Participant's assets (to
the extent the liquidation of such assets would not itself
cause severe financial hardship) or by stopping current
deferrals under the Plan pursuant to Section 4.1.9.

     5.6.2     The Participant's request for a distribution
on account of Unforeseeable Emergency must be made in
writing to the Committee. The request must specify the
nature of the financial hardship, the total amount requested
to be distributed from the Deferred Compensation Account,
and the total amount of the actual expense incurred or to be
incurred on account of the Unforeseeable Emergency.

     5.6.3     If a distribution under this Section 5.6 is
approved by the Committee, such distribution will be made as
soon as practicable following the date it is approved. The
processing of the request shall be completed as soon as
practicable from the date on which the Committee receives
the properly completed written request for a distribution on
account of an Unforeseeable Emergency. If a Participant's
Separation from Service occurs after a request is approved
in accordance with this Section 5.6.3, but prior to
distribution of the full amount approved, the approval of
the request shall be automatically null and void and the
benefits which the Participant is entitled to receive under
the Plan shall be distributed in accordance with the
applicable distribution provisions of the Plan.

     5.6.4 The Committee may from time to time adopt
additional policies or rules consistent with the
requirements of Section 409A of the Code to govern the
manner in which such distributions may be made so that the
Plan may be conveniently administered.

     Section 6.     Vesting:
     ---------      -------

     A Participant shall be fully vested in the portion of

his Deferred Compensation Account attributable to Participant

                         13

<PAGE>

Deferral Credits, and all income, gains and losses attributable

thereto. A Participant shall become fully vested in the portion

of his Deferred Compensation Account attributable to Employer

Credits, and income, gains and losses attributable thereto,

in accordance with the vesting schedule and provisions

designated by the Employer in the Adoption Agreement. If a

Participant's Deferred Compensation Account is not fully

vested upon Separation from Service, the portion of the

Deferred Compensation Account that is not fully vested shall

thereupon be forfeited.

     Section 7.     Distribution Rules:
     ---------      ------------------

     7.1  Payment Options. The Employer shall designate in

the Adoption Agreement the payment options which may be

elected by the Participant (lump sum, annual installments,

or a combination of both). Different payment options may be

made available for each Qualifying Distribution Event, and

different payment options may be available for different

types of Separations from Service, all as designated in the

Adoption Agreement. The Participant shall elect in the

Participation Agreement the method under which the vested

balance in the Deferred Compensation Account will be

distributed from among the designated payment options.  The

Participant may at such time elect a different method of

payment for each Qualifying Distribution Event as specified

in the Adoption Agreement.  If the Participant is permitted

by the Employer in the Adoption Agreement to elect different

payment options and does not make a valid election, the

vested balance in the Deferred Compensation Account will be

distributed as a lump sum.

                         14

<PAGE>

     Notwithstanding the foregoing, if certain Qualifying

Distribution Events occur prior to the date on which the

vested balance of a Participant's Deferred Compensation

Account is completely paid pursuant to this Section 7.1

following the occurrence of certain initial Qualifying

Distribution Events, the following rules apply:

     7.1.1     If the initial Qualifying Distribution Event
is a Separation from Service or Disability, and the
Participant subsequently dies, the remaining unpaid vested
balance of a Participant's Deferred Compensation Account
shall be paid as a lump sum.

     7.1.2     If the initial Qualifying Distribution Event
is a Change in Control Event, and any subsequent Qualifying
Distribution Event occurs (except an In-Service or Education
Distribution described in Section 2.29(iv)), the remaining
unpaid vested balance of a Participant's Deferred
Compensation Account shall be paid as provided under Section
7.1 for payments on such subsequent Qualifying Distribution
Event.

     7.2  Timing of Payments. Payment shall be made in the

manner elected by the Participant and shall commence as soon

as practicable after (but no later than 60 days after) the

distribution date elected for the Qualifying Distribution

Event. In the event the Participant fails to make a valid

election of the payment method, the distribution will be

made in a single lump sum payment as soon as practicable

after (but no later than 60 days after) the Qualifying

Distribution Event. A payment may be further delayed to the

extent permitted in accordance with regulations and guidance

under Section 409A of the Code.

     7.3  Installment Payments. If the Participant elects to

receive installment payments upon a Qualifying Distribution

Event, the payment of each annual installment shall be made

on the anniversary of the date of the first installment

payment, and the amount of the annual installment shall be

adjusted on such anniversary for credits or debits to the

Participant's account pursuant to Section 8 of the Plan.

Such adjustment shall be made by dividing the balance in the

Deferred Compensation Account on such date by the number of

annual installments remaining to be paid hereunder; provided

                         15

<PAGE>

that the last annual installment due under the Plan shall be

the entire amount credited to the Participant's account on

the date of payment.

     7.4  De Minimis Amounts. Notwithstanding any payment

election made by the Participant, if the Employer designates

a pre-determined de minimis amount in the Adoption

Agreement, the vested balance in the Deferred Compensation

Account of the Participant will be distributed in a single

lump sum payment if at the time of a permitted Qualifying

Distribution Event the vested balance does not exceed such

pre-determined de minimis amount; provided, however, that

such distribution will be made only where the Qualifying

Distribution Event is a Separation from Service, death,

Disability (if applicable) or Change in Control Event (if

applicable).  Such payment shall be made on or before the

later of (i) December 31 of the calendar year in which the

Qualifying Distribution Event occurs, or (ii) the date that

is 2-1/2 months after the Qualifying Distribution Event

occurs.  In addition, the Employer may distribute a

Participant's vested balance at any time if the balance does

not exceed the limit in Section 402(g)(1)(B) of the Code and

results in the termination of the Participant's entire

interest in the Plan as provided under Section 409A of the

Code.

     7.5  Subsequent Elections. With the consent of the

Committee, a Participant may delay or change the method of

payment of the Deferred Compensation Account subject to the

following requirements:

     7.5.1     The new election may not take effect until at
least 12 months after the date on which the new election is
made.

     7.5.2     If the new election relates to a payment for
a Qualifying Distribution Event other than the death of the
Participant, the Participant becoming Disabled, or an
Unforeseeable Emergency, the new election must provide for
the deferral of the payment for a period of at least five
years from the date such payment would otherwise have been
made.

                         16

<PAGE>

     7.5.3     If the new election relates to a payment from
the In-Service or Education Account, the new election must
be made at least 12 months prior to the date of the first
scheduled payment from such account.

For purposes of this Section 7.5 and Section 7.6, a payment

is each separately identified amount to which the

Participant is entitled under the Plan; provided, that

entitlement to a series of installment payments is treated

as the entitlement to a single payment.

     7.6  Acceleration Prohibited. The acceleration of the

time or schedule of any payment due under the Plan is

prohibited except as expressly provided in regulations and

administrative guidance promulgated under Section 409A of

the Code (such as accelerations for domestic relations

orders and employment taxes).  It is not an acceleration of

the time or schedule of payment if the Employer waives or

accelerates the vesting requirements applicable to a benefit

under the Plan.

     Section 8.     Accounts; Deemed Investment; Adjustments
     ---------      ----------------------------------------

                    to Account:
                    ----------

     8.1  Accounts. The Committee shall establish a book

reserve account, entitled the "Deferred Compensation

Account," on behalf of each Participant. The Committee shall

also establish an In-Service or Education Account as a part

of the Deferred Compensation Account of each Participant, if

applicable. The amount credited to the Deferred Compensation

Account shall be adjusted pursuant to the provisions of

Section 8.3.

     8.2  Deemed Investments. The Deferred Compensation

Account of a Participant shall be credited with an

investment return determined as if the account were invested

in one or more investment funds made available by the

Committee. The Participant shall elect the investment funds

in which his Deferred Compensation Account shall be deemed

to be invested. Such election shall be made in the manner

prescribed by the Committee and shall take effect upon the

                         17

<PAGE>

entry of the Participant into the Plan. The investment

election of the Participant shall remain in effect until a

new election is made by the Participant. In the event the

Participant fails for any reason to make an effective

election of the investment return to be credited to his

account, the investment return shall be determined by the

Committee.

     8.3  Adjustments to Deferred Compensation Account. With

respect to each Participant who has a Deferred Compensation

Account under the Plan, the amount credited to such account

shall be adjusted by the following debits and credits, at

the times and in the order stated:

     8.3.1     The Deferred Compensation Account shall be
debited each business day with the total amount of any
payments made from such account since the last preceding
business day to him or for his benefit.

     8.3.2 The Deferred Compensation Account shall be
credited on each Crediting Date with the total amount of any
Participant Deferral Credits and Employer Credits to such
account since the last preceding Crediting Date.

     8.3.3 The Deferred Compensation Account shall be
credited or debited on each day securities are traded on a
national stock exchange with the amount of deemed investment
gain or loss resulting from the performance of the
investment funds elected by the Participant in accordance
with Section 8.2. The amount of such deemed investment gain
or loss shall be determined by the Committee and such
determination shall be final and conclusive upon all
concerned.

     Section 9.     Administration by Committee:
     ---------      ---------------------------

     9.1  Membership of Committee. If the Committee consists

of individuals appointed by the Board, they will serve at

the pleasure of the Board. Any member of the Committee may

resign, and his successor, if any, shall be appointed by the

Board.

     9.2  General Administration.  The Committee shall be

responsible for the operation and administration of the Plan

and for carrying out its provisions.  The Committee shall

have the full authority and discretion to make, amend,

                         18

<PAGE>

interpret, and enforce all appropriate rules and regulations

for the administration of this Plan and decide or resolve

any and all questions, including interpretations of this

Plan, as may arise in connection with this Plan.  Any such

action taken by the Committee shall be final and conclusive

on any party.  To the extent the Committee has been granted

discretionary authority under the Plan, the Committee's

prior exercise of such authority shall not obligate it to

exercise its authority in a like fashion thereafter.  The

Committee shall be entitled to rely conclusively upon all

tables, valuations, certificates, opinions and reports

furnished by any actuary, accountant, controller, counsel or

other person employed or engaged by the Employer with

respect to the Plan.  The Committee may, from time to time,

employ agents and delegate to such agents, including

employees of the Employer, such administrative or other

duties as it sees fit.

     9.3  Indemnification.  To the extent not covered by

insurance, the Employer shall indemnify the Committee, each

employee, officer, director, and agent of the Employer, and

all persons formerly serving in such capacities, against any

and all liabilities or expenses, including all legal fees

relating thereto, arising in connection with the exercise of

their duties and responsibilities with respect to the Plan,

provided however that the Employer shall not indemnify any

person for liabilities or expenses due to that person's own

gross negligence or willful misconduct

     Section 10.    Contractual Liability:
     ----------     ---------------------

     10.1 Contractual Liability.  Unless otherwise elected in the

Adoption Agreement, the Company shall be obligated to make

all payments hereunder. This obligation shall constitute a

contractual liability of the Company to the Participants,

and such payments shall be made from the general funds of

the Company.  The Company shall not be required to establish

                         19

<PAGE>

or maintain any special or separate fund, or otherwise to

segregate assets to assure that such payments shall be made,

and the Participants shall not have any interest in any

particular assets of the Company by reason of its

obligations hereunder. To the extent that any person

acquires a right to receive payment from the Company, such

right shall be no greater than the right of an unsecured

creditor of the Company.

    10.2 Trust.  The Employer may establish a trust to assist

it in meeting its obligations under the Plan.  Any such trust

shall conform to the requirements of a grantor trust under

Revenue Procedures 92-64 and 92-65 and at all times during

the continuance of the trust the principal and income of the

trust shall be subject to claims of general creditors of the

Employer under federal and state law.  The establishment of

such a trust would not be intended to cause Participants to

realize current income on amounts contributed thereto, and

the trust would be so interpreted and administered.

     Section 11.    Allocation of Responsibilities:
     ----------     ------------------------------

     The persons responsible for the Plan and the duties and

responsibilities allocated to each are as follows:

     11.1 Board.

     (i)   To amend the Plan;

     (ii)  To appoint and remove members of the Committee; and

     (iii) To terminate the Plan as permitted in Section 14

     11.2 Committee.

     (i)    To designate Participants;

     (ii)   To interpret the provisions of the Plan and to
            determine the rights of the Participants under the
            Plan, except to the extent otherwise provided in
            Section 16 relating to claims procedure;

                         20
<PAGE>

     (iii)  To administer the Plan in accordance with its
            terms, except to the extent powers to administer
            the Plan are specifically delegated to another
            person or persons as provided in the Plan;

     (iv)   To account for the amount credited to the Deferred
            Compensation Account of a Participant;

     (v)    To direct the Employer in the payment of benefits;

     (vi)   To file such reports as may be required with the United
            States Department of Labor, the Internal Revenue Service and
            any other government agency to which reports may be required
            to be submitted from time to time; and

     (vii)  To administer the claims procedure to the
            extent provided in Section 16.

     Section 12.    Benefits Not Assignable; Facility of Payments:
     ----------     ---------------------------------------------

     12.1 Benefits Not Assignable. No portion of any benefit

credited or paid under the Plan with respect to any

Participant shall be subject in any manner to anticipation,

alienation, sale, transfer, assignment, pledge, encumbrance

or charge, and any attempt so to anticipate, alienate, sell,

transfer, assign, pledge, encumber or charge the same shall

be void, nor shall any portion of such benefit be in any

manner payable to any assignee, receiver or any one trustee,

or be liable for his debts, contracts, liabilities,

engagements or torts. Notwithstanding the foregoing, in the

event that all or any portion of the benefit of a

Participant is transferred to the former Spouse of the

Participant incident to a divorce, the Committee shall

maintain such amount for the benefit of the former Spouse

until distributed in the manner required by an order of any

court having jurisdiction over the divorce, and the former

Spouse shall be entitled to the same rights as the

Participant with respect to such benefit.

     12.2 Plan-Approved Domestic Relations Orders. The

Committee shall establish procedures for determining whether

an order directed to the Plan is a Plan-Approved Domestic

Relations Order.  If the Committee determines that an order

                         21

<PAGE>

is a Plan-Approved Domestic Relations Order, the Committee

shall cause the payment of amounts pursuant to or segregate

a separate account as provided by (and to prevent any

payment or act which might be inconsistent with) the Plan-

Approved Domestic Relations Order.

     12.3 Payments to Minors and Others. If any individual

entitled to receive a payment under the Plan shall be

physically, mentally or legally incapable of receiving or

acknowledging receipt of such payment, the Committee, upon

the receipt of satisfactory evidence of his incapacity and

satisfactory evidence that another person or institution is

maintaining him and that no guardian or committee has been

appointed for him, may cause any payment otherwise payable

to him to be made to such person or institution so

maintaining him. Payment to such person or institution shall

be in full satisfaction of all claims by or through the

Participant to the extent of the amount thereof.

     Section 13.    Beneficiary:
     ----------     -----------

     The Participant's beneficiary shall be the person,

persons, entity or entities designated by the Participant on

the beneficiary designation form provided by and filed with

the Committee or its designee. If the Participant does not

designate a beneficiary, the beneficiary shall be his

Surviving Spouse. If the Participant does not designate a

beneficiary and has no Surviving Spouse, the beneficiary

shall be the Participant's estate. The designation of a

beneficiary may be changed or revoked only by filing a new

beneficiary designation form with the Committee or its

designee. If a beneficiary (the "primary beneficiary") is

receiving or is entitled to receive payments under the Plan

and dies before receiving all of the payments due him, the

balance to which he is entitled shall be paid to the

contingent beneficiary, if any, named in the Participant's

                         22

<PAGE>

current beneficiary designation form. If there is no

contingent beneficiary, the balance shall be paid to the

estate of the primary beneficiary. Any beneficiary may

disclaim all or any part of any benefit to which such

beneficiary shall be entitled hereunder by filing a written

disclaimer with the Committee before payment of such benefit

is to be made. Such a disclaimer shall be made in a form

satisfactory to the Committee and shall be irrevocable when

filed. Any benefit disclaimed shall be payable from the Plan

in the same manner as if the beneficiary who filed the

disclaimer had predeceased the Participant.

     Section 14.    Amendment and Termination of Plan:
     ----------     ---------------------------------

     The Company may amend any provision of the Plan or

terminate the Plan at any time; provided, that in no event

shall such amendment or termination reduce the balance in

any Participant's Deferred Compensation Account as of the

date of such amendment or termination, nor shall any such

amendment affect the terms of the Plan relating to the

payment of such Deferred Compensation Account.

Notwithstanding the foregoing, the following special

provisions shall apply:

     14.1 Termination in the Discretion of the Employer.

Except as otherwise provided in Sections 14.2, the Company

in its discretion may terminate the Plan and distribute

benefits to Participants subject to the following

requirements and any others specified under Section 409A of

the Code:

     14.1.1    All arrangements sponsored by the Employer
that would be aggregated with the Plan under Section 1.409A-
l(c) of the Treasury Regulations are terminated.

     14.1.2    No payments other than payments that would be
payable under the terms of the Plan if the termination had
not occurred are made within 12 months of the termination
date.

     14.1.3 All benefits under the Plan are paid within 24
months of the termination date.

                         23

<PAGE>

     14.1.4 The Employer does not adopt a new arrangement
that would be aggregated with the Plan under Section 1.409A-
1(c) of the Treasury Regulations providing for the deferral
of compensation at any time within 3 years following the
date of termination of the Plan.

     14.1.5 The termination does not occur proximate to a
downturn in the financial health of the Employer.

     14.2 Termination Upon Change in Control Event. If the

Company terminates the Plan within thirty days preceding or

twelve months following a Change in Control Event, the

Deferred Compensation Account of each Participant shall

become fully vested and payable to the Participant in a lump

sum within twelve months following the date of termination,

subject to the requirements of Section 409A of the Code.

     Section 15.    Communication to Participants:
     ----------     -----------------------------

     The Employer shall make a copy of the Plan available

for inspection by Participants and their beneficiaries

during reasonable hours at the principal office of the

Employer.

     Section 16.    Claims Procedure:
     ----------     ----------------

     The following claims procedure shall apply with respect

to the Plan:

     16.1 Filing of a Claim for Benefits. If a Participant

or Beneficiary (the "claimant") believes that he is entitled

to benefits under the Plan which are not being paid to him

or which are not being accrued for his benefit, he shall

file a written claim therefore with the Committee.

     16.2 Notification to Claimant of Decision. Within 90

days after receipt of a claim by the Committee (or within

180 days if special circumstances require an extension of

time), the Committee shall notify the claimant of the

decision with regard to the claim. In the event of such

special circumstances requiring an extension of time, there

                         24

<PAGE>

shall be furnished to the claimant prior to expiration of

the initial 90-day period written notice of the extension,

which notice shall set forth the special circumstances and

the date by which the decision shall be furnished. If such

claim shall be wholly or partially denied, notice thereof

shall be in writing and worded in a manner calculated to be

understood by the claimant, and shall set forth: (i) the

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

reference to pertinent provisions of the Plan on which the

denial is based; (iii) a description of any additional

material or information necessary for the claimant to

perfect the claim and an explanation of why such material or

information is necessary; and (iv) an explanation of the

procedure for review of the denial and the time limits

applicable to such procedures, including a statement of the

claimant's right to bring a civil action under ERISA

following an adverse benefit determination on review.

Notwithstanding the foregoing, if the claim relates to a

disability determination, the Committee shall notify the

claimant of the decision within 45 days (which may be

extended for an additional 30 days if required by special

circumstances).

     16.3 Procedure for Review. Within 60 days following

receipt by the claimant of notice denying his claim, in

whole or in part, or, if such notice shall not be given,

within 60 days following the latest date on which such

notice could have been timely given, the claimant may appeal

denial of the claim by filing a written application for

review with the Committee. Following such request for

review, the Committee shall fully and fairly review the

decision denying the claim. Prior to the decision of the

Committee, the claimant shall be given an opportunity to

review pertinent documents and to submit issues and comments

in writing.

                         25

<PAGE>

     16.4 Decision on Review. The decision on review of a

claim denied in whole or in part by the Committee shall be

made in the following manner:

     16.4.1    Within 60 days following receipt by the
Committee of the request for review (or within 120 days if
special circumstances require an extension of time), the
Committee shall notify the claimant in writing of its
decision with regard to the claim. In the event of such
special circumstances requiring an extension of time,
written notice of the extension shall be furnished to the
claimant prior to the commencement of the extension.
Notwithstanding the foregoing, if the claim relates to a
disability determination, the Committee shall notify the
claimant of the decision within 45 days (which may be
extended for an additional 45 days if required by special
circumstances).

     16.4.2    With respect to a claim that is denied in
whole or in part, the decision on review shall set forth
specific reasons for the decision, shall be written in a
manner calculated to be understood by the claimant, and
shall set forth:

               (i)   the specific reason or reasons for the
                     adverse determination;

               (ii)  specific reference to pertinent Plan
                     provisions on which the adverse
                     determination is based;

               (iii) a statement that the claimant is
                     entitled to receive, upon request and
                     free of charge, reasonable access to,
                     and copies of, all documents, records,
                     and other information relevant to the
                     claimant's claim for benefits; and

               (iv)  a statement describing any
                     voluntary appeal procedures offered by
                     the Plan and the claimant's right to
                     obtain the information about such
                     procedures, as well as a statement of
                     the claimant's right to bring an action
                     under ERISA section 502(a).

     16.4.3 The decision of the Committee shall be final and
conclusive.

     16.5 Action by Authorized Representative of Claimant.

All actions set forth in this Section 16 to be taken by the

claimant may likewise be taken by a representative of the

claimant duly authorized by him to act in his behalf on such

matters. The Committee may require such evidence as either

may reasonably deem necessary or advisable of the authority

to act of any such representative.

     Section 17.    Miscellaneous Provisions:
     ----------     ------------------------

                         26

<PAGE>

     17.1 Set off. Notwithstanding any other provision of

this Plan, the Employer may reduce the amount of any payment

otherwise payable to or on behalf of a Participant hereunder

(net of any required withholdings) at the time payment is

due by the amount of any loan, cash advance, extension of

credit or other obligation of the Participant to the

Employer that is then due and payable, and the Participant

shall be deemed to have consented to such reduction.  In

addition, the Employer may at any time offset a

Participant's Deferral Compensation Account by an amount up

to $5,000 to collect any such amount in accordance with the

requirements of Section 409A of the Code.

     17.2 Notices. Each Participant who is not in Service

and each Beneficiary shall be responsible for furnishing the

Committee or its designee with his current address for the

mailing of notices and benefit payments. Any notice required

or permitted to be given to such Participant or Beneficiary

shall be deemed given if directed to such address and mailed

by regular United States mail, first class, postage prepaid.

If any check mailed to such address is returned as

undeliverable to the addressee, mailing of checks will be

suspended until the Participant or Beneficiary furnishes the

proper address. This provision shall not be construed as

requiring the mailing of any notice or notification

otherwise permitted to be given by posting or by other

publication.

     17.3 Lost Distributees. A benefit shall be deemed

forfeited if the Committee is unable to locate the

Participant or Beneficiary to whom payment is due on or

before the fifth anniversary of the date payment is to be

made or commence; provided, that the deemed investment rate

of return pursuant to Section 8.2 shall cease to be applied

to the Participant's account following the first anniversary

of such date; provided further, however, that such benefit

                         27

<PAGE>

shall be reinstated if a valid claim is made by or on behalf

of the Participant or Beneficiary for all or part of the

forfeited benefit.

     17.4 Reliance on Data. The Employer and the Committee

shall have the right to rely on any data provided by the

Participant or by any Beneficiary. Representations of such

data shall be binding upon any party seeking to claim a

benefit through a Participant, and the Employer and the

Committee shall have no obligation to inquire into the

accuracy of any representation made at any time by a

Participant or Beneficiary.

     17.5 Receipt and Release for Payments. Subject to the

provisions of Section 17.1, any payment made from the Plan

to or with respect to any Participant or Beneficiary, or

pursuant to a disclaimer by a Beneficiary, shall, to the

extent thereof, be in full satisfaction of all claims

hereunder against the Plan and the Employer with respect to

the Plan. The recipient of any payment from the Plan may be

required by the Committee, as a condition precedent to such

payment, to execute a receipt and release with respect

thereto in such form as shall be acceptable to the

Committee.

     17.6 Headings. The headings and subheadings of the Plan

have been inserted for convenience of reference and are to

be ignored in any construction of the provisions hereof.

     17.7 Continuation of Employment. The establishment of

the Plan shall not be construed as conferring any legal or

other rights upon any Employee or any persons for

continuation of employment, nor shall it interfere with the

right of the Employer to discharge any Employee or to deal

with him without regard to the effect thereof under the

Plan.

                         28

<PAGE>

     17.8 Merger or Consolidation; Assumption of Plan. No

Employer shall consolidate or merge into or with another

corporation or entity, or transfer all or substantially all

of its assets to another corporation, partnership, trust or

other entity (a "Successor Entity") unless such Successor

Entity shall assume the rights, obligations and liabilities

of the Employer under the Plan and upon such assumption, the

Successor Entity shall become obligated to perform the terms

and conditions of the Plan. Nothing herein shall prohibit

the assumption of the obligations and liabilities of the

Employer under the Plan by any Successor Entity.

     17.9 Construction. The Employer shall designate in the

Adoption Agreement the state according to whose laws the

provisions of the Plan shall be construed and enforced,

except to the extent that such laws are superseded by ERISA

and the applicable requirements of the Code.

     17.10     Taxes. The Employer or other payor may

withhold a benefit payment under the Plan or a Participant's

wages, or the Employer may reduce a Participant's Account

balance, in order to meet any federal, state, or local or

employment tax withholding obligations with respect to Plan

benefits, as permitted under Section 409A of the Code.  The

Employer or other payor shall report Plan payments and other

Plan-related information to the appropriate governmental

agencies as required under applicable laws.

     Section 18.    Transition Rules:
     ----------     ----------------

This Section 18 does not apply to plans newly established on

or after January 1, 2009.

     18.1 2005 Election Termination.  Notwithstanding

Section 4.1.4, at any time during 2005, a Participant may

terminate a Participation Agreement, or modify a

Participation Agreement to reduce the amount of Compensation

subject to the deferral election, so long as the

Compensation subject to the terminated or modified

Participation Agreement is includible in the income of the

                         29

<PAGE>

Participant in 2005 or, if later, in the taxable year in

which the amounts are earned and vested.

     18.2 2005 Deferral Election. The requirements of

Section 4.1.2 relating to the timing of the Participation

Agreement shall not apply to any deferral elections made on

or before March 15, 2005, provided that (a) the amounts to

which the deferral election relate have not been paid or

become payable at the time of the election, (b) the Plan was

in existence on or before December 31, 2004, (c) the

election to defer compensation is made in accordance with

the terms of the Plan as in effect on December 31, 2005

(other than a requirement to make a deferral election after

March 15, 2005), and (d) the Plan is otherwise operated in

accordance with the requirements of Section 409A of the

Code.

     18.3 2005 Termination of Participation; Distribution.

Notwithstanding anything in this Plan to the contrary, at

any time during 2005, a Participant may terminate his or her

participation in the Plan and receive a distribution of his

Deferred Compensation Account balance on account of that

termination, so long as the full amount of such distribution

is includible in the Participant's income in 2005 or, if

later, in the taxable year of the Participant in which the

amount is earned and vested.

     18.4 Payment Elections. Notwithstanding the provisions

of Sections 7.1 or 7.5 of the Plan, a Participant may elect

on or before December 31, 2008, the time or form of payment

of amounts subject to Section 409A of the Code provided that

such election applies only to amounts that would not

otherwise be payable in the year of the election and does

not cause an amount to paid in the year of the election that

would not otherwise be payable in such year.

                         30

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