Document:

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                                                                Exhibit 10.12(f)

                                               As Amended and Restated 3/10/2000

                      RULES OF GENERAL APPLICATION UNDER
                        THE CYTEC INDUSTRIES INC. 1993
                        STOCK AWARD AND INCENTIVE PLAN

Rule 3.  This Rule applies to Performance Stock Awards granted by the
------
Compensation and Management Development Committee (the "Committee") with respect
to the 2000, 2001 and 2002 Performance Periods and related Performance Cash
Awards granted with respect to the 2000 and 2001 Performance Periods to persons
who are not, as of the date of grant, Executive Officers of the Corporation. The
names of such persons who have been granted awards with respect to the 2000 and
2001 Performance Periods are listed on Exhibits A and B to a separate document
entitled "Award Targets - Non-Officers", such separate document being
hereinafter called the "Target Document". This rule is adopted by the Executive
Committee pursuant to Paragraph (e) of Rule No. 1 under the Plan.

   (a) Definitions.  As used in this Rule, the following terms shall have the
       -----------
       following respective meanings:

          (i) "EBIT" means, with respect to any business unit for any fiscal
          year constituting a Performance Period, the earnings before interest
          and taxes of such business unit, determined on a basis consistent with
          the accounting principles used in determining EBIT in the
          Corporation's audited financial statements for such year; provided,
                                                                    --------
          that in the event of an acquisition by a business unit of another
          company or business, pro forma financing charges as determined by the
          Executive Committee, representing a financing charge for the purchase
          price, will be subtracted from the business unit's actual EBIT in
          determining EBIT for purposes of the Target Document (unless the
          proforma financing charge was considered by the Executive Committee in
          setting the EBIT target); provided, further, that the setting of new
                                    --------  -------
          EBIT targets will not be affected by such financing charges.

          (ii) "Performance Period" means January 1-December 31, 2000, January
          1-December 31, 2001, or January 1-December 31, 2002, as the context
          requires.

          (iii) "Plan" means the 1993 Stock Award and Incentive Plan of the
          Corporation, as amended.
<PAGE>

          (iv) Terms defined in the Plan and used, but not defined, in this rule
          shall have the respective meanings ascribed thereto in the Plan.

     (b) Performance Targets (2002 et seq.)  Beginning with the 2002 Performance
         ----------------------------------
     Period and subject to paragraph (e) below ("Right to Change Targets") and
     subject to paragraph (f) below ("Deferred Stock Awards"), and subject to
     the terms of the Performance Stock Award Grant Letters, restrictions on
     Performance Stock Awards made to persons who, on the date of grant, are not
     Executive Officers of the Corporation shall lapse if and to the extent that
     the EPS performance targets established under Rule No. 1 are achieved, such
     targets being adopted by the Executive Committee for purposes of this Rule
     and incorporated herein by reference.

     (c) Staff Personnel (2000 and 2001).  Set forth on Exhibit A to the Target
         -------------------------------
     Document are the names of certain Participants who have been granted
     Performance Stock Awards and Performance Cash Awards. Subject to Paragraph
     (e) below ("Right to Change Targets") and subject to Paragraph (f) below
     ("Deferred Stock Awards"), and subject to the terms of the Performance
     Stock Award and Performance Cash Award Grant Letters, lapsing of the
     restrictions on the Performance Stock Awards and payment of the cash
     provided for in the related Performance Cash Awards for the 2000 and 2001
     Performance Periods for these Participants, as applicable, shall be
     governed (except to the extent otherwise specified on Exhibit A), as to
     100% of such Awards, by the targets established under Rule No. 1 under the
     Plan, as adopted by the Committee ("Rule No. 1"), such targets being
     adopted by the Executive Committee for purposes of this Rule and
     incorporated herein by reference.

     (d) Business Group Personnel (2000 and 2001).  Set forth on Exhibit B to
         ----------------------------------------
     the Target Document are the names and business units of certain other
     Participants who have been granted Performance Stock Awards and Performance
     Cash Awards.  As to these Participants (except to the extent otherwise
     specified on Exhibit B), Performance Stock Awards and related Performance
     Cash Awards for the 2000 and 2001 Performance Periods shall each be divided
     into two portions:  the "30% Portion," consisting of 30% of each Award
     (rounded up to the nearest whole dollar or the nearest whole share, as the
     case may be), and the "70% Portion," consisting of the remaining portion of
     each such Award.  Subject to Paragraph (e) below ("Right to Change
     Targets") and subject to Paragraph (f) below ("Deferred Stock Awards"), and
     subject to the terms of the Performance Stock Award and Performance Cash
     Award Grant Letters:

          (i) Payout Targets - 30% Portion.  Lapsing of the restrictions on the
              ----------------------------
          30% Portion of these Performance Stock Awards and payment of the cash
          provided for in the related 30% Portion of the Performance Cash Awards
          shall be governed
<PAGE>

          by the targets established under Rule No. 1, which are incorporated
          herein by reference; and

          (ii) Payout Targets - 70% Portion.  Lapsing of restrictions on the 70%
               ----------------------------
          Portion of these Performance Stock Awards and payment of the cash
          provided for in the related 70% Portion of the Performance Cash Awards
          shall occur if and to the extent that the respective business unit
          EBIT targets set forth on Exhibit B to the Target Document are met.
          If business unit EBIT is, in any fiscal year, greater than any
          applicable minimum amount shown on Exhibit B to the Target Document
          for such fiscal year, and less than the applicable maximum amount,
          then, in the case of the 70% Portion for a Participant named on such
          Exhibit B, the actual number of shares of Common Stock that shall
          vest, and the actual payout on the Performance Cash Award, shall be
          pro-rated.  Any resulting fractional shares that vest shall be rounded
          up to the nearest whole share.  The amount payable in respect of any
          Performance Cash Award shall be paid as soon as practicable after
          determination that the Award is payable.

     (e) Right to Change Targets.  The Executive Committee (or, in the case of
         -----------------------
     any Grantee who subsequently becomes an Executive Officer of the
     Corporation, the Committee) reserves the right from time to time in its
     sole discretion to change the EBIT, EPS and Cash Flow Targets set forth in
     the Target Document, or incorporated herein by reference, to take into
     account developments in the Corporation's business, or in the business of
     any one or more business units, and/or to take into account changes in the
     structure of any business unit or of any Participant's responsibilities
     which were not fully contemplated at the time the targets were set or last
     revised; provided that any such change must be made at or prior to the end
              --------
     of the Performance Period to which the target relates.

     (f) Deferred Stock Awards.  (i) If, as of the date on which any Performance
         ---------------------
     Stock Award is to vest, any Participant's compensation for such year is
     such that it would exceed the maximum amount which is deductible by the
     Corporation under Section 162(m) of the Internal Revenue Code, the number
     of shares constituting such Performance Stock Award, to the extent of such
     excess amount, shall be forfeited and the Participant will be issued a
     Deferred Stock Award as defined in Section 6(h) of the Plan, equal to the
     number of shares so forfeited.  Such Deferred Stock Award shall accrue
     Dividend Equivalents which will be deferred in the form of additional
     Deferred Stock Awards based on the Closing Price of the Corporation's
     Common Stock in the New York Stock Exchange Consolidated Tape on the date
     on which the related dividend is paid on the Corporation's Common Stock.

     (ii) The Committee may, prior to the beginning of the Performance Period
     with respect to a Performance Stock Award (or during such Performance
     Period, with respect to a
<PAGE>

     Performance Stock Award granted during such Performance Period or not more
     than one month prior thereto), offer a Participant who has been granted
     such an award the opportunity to elect to defer all or a specified portion
     of such award in the form of a Deferred Stock Award. If a Participant
     elects deferral in accordance with the procedures established by the
     Committee, then, effective as of the date on which the related award of
     Performance Stock is to vest, the total award (or such lesser percentage of
     such total award as shall have been elected by the Participant and accepted
     by the Committee) shall be forfeited, and the Participant will be issued
     instead a Deferred Stock Award, as defined in Section 6(h) of the Plan,
     equal to the number of shares of Performance Stock so forfeited. Such
     Deferred Stock Award shall accrue Dividend Equivalents which will be
     deferred in the form of additional Deferred Stock based on the Closing
     Price of the Corporation's Common Stock in the New York Stock Exchange
     Consolidated Tape on the date on which the related dividend is paid on the
     Corporation's Common Stock. In the event that the Participant qualifies for
     a Deferred Stock Award under either this sub-paragraph or under sub-
     paragraph (f)(i) of this Rule No. 3, the Deferred Stock Award provided for
     under this sub-paragraph shall be granted first, before any Deferred Stock
     Award shall be granted under said sub-paragraph (f)(i).

     (iii) Deferred Stock resulting from deferral of Dividend Equivalents will
     likewise bear Dividend Equivalents.

     (g) Performance Cash Awards.
         -----------------------

     (i) As provided in the Target Document, under certain circumstances the
     amount of Performance Cash that vests may exceed the nominal amount of the
     award, as set forth in the Grant Letter.  For the Year 2000 and 2001
     Performance Periods, the nominal percentage of Performance Cash that vests,
     as set forth in the Target Document, is multiplied by the applicable Market
     Value index set forth in the target document established under Rule No. 1
     in order to determine the actual amount of Performance Cash that vests.

     (ii) In the case of a "Change in Control," the amount of a Performance Cash
     Award that vests in respect of any Performance Period for which a greater
     than 100% payout is possible is as follows:  the full potential amount of
     the Award (i.e. the Award at the 200% payout level) is deemed to be the
     size of the Award, and shall be multiplied by the applicable Market Value
     index (determined as provided in Rule No. 1) in order to determine the
     amount of Performance Cash that so vests.
<PAGE>

     (h) Committee Approval.  The targets set forth herein and in the Target
         ------------------
     Document, to the extent not previously reported to the Committee, will be
     reported to the Committee and, pursuant to Paragraph (e) of Rule No. 1,
     will be deemed approved and ratified by such Committee.  Changes made to
     targets (see paragraph (e) above) may be so reported after the close of the
     Performance Period without affecting the validity of any change.

     (i) Additional Bonuses.  The foregoing long-term incentive awards are not
         ------------------
     intended to be exclusive, and the Corporation may grant any other
     additional forms of compensation, including but not limited to annual
     incentive compensation, stock options, special recognition awards, stock
     appreciation rights or any other form of compensation whatsoever.<PAGE>

                                                                Exhibit 10.12(n)

               CYTEC SUPPLEMENTAL SAVINGS AND PROFIT SHARING PLAN

                   (As restated effective  December 29, 1999)

     Effective as of November 1, 1994, Cytec Industries Inc. (the "Company")
established the Cytec Supplemental Savings and Profit Sharing Plan (the
"Supplemental Savings Plan").  The Supplemental Savings Plan was restated in its
entirety effective May 13, 1996 and amended effective January 1, 1997 and
January 1, 1998.  The Company is again restating the Supplemental Savings Plan
in its entirety effective December 29, 1999 to incorporate the preceding
amendments, to increase the deferral amount, to expand the distribution options,
to offer withdrawal options, and to permit Members to choose the earnings
crediting rate for their account with reference to specified investment
vehicles.  Additionally, the restatement incorporates a provision effective
December 1, 1999 which allows Eligible Employees to become Members within thirty
days after their first date of employment.

     The Supplemental Savings Plan is intended to constitute an unfunded pension
plan maintained primarily for a select group of management or highly compensated
employees which is exempt from Parts 2, 3, and 4 of Title I of the Employee
Retirement Income Security Act of 1974, as amended.  The purpose of the
Supplemental Savings Plan is to provide certain employees whose annual base pay
exceeds the limit of Section 401(a)(17) of the Internal Revenue Code of 1986, as
amended, with the ability to defer up to 15% of their annual base pay and to
receive the full employer matching contribution and profit sharing contribution
which would otherwise be limited by the maximum compensation cap or the limit on
annual additions.
<PAGE>

The Supplemental Savings Plan is not a qualified plan under the Code and
benefits are paid by or on behalf of the Company.

                                   ARTICLE I

                                  Definitions

     1.1  "Account Balance" means the sum of the Member's salary deferrals,
matching contributions, profit sharing contributions and earnings credited
thereon in accordance with the terms of this Plan.

     1.2  "Administrator" means the Vice President of Human Resources of the
Company, or any other person or committee selected from time to time by the
Board of Directors.

     1.3  "Board of Directors" means the Board of Directors of Cytec Industries
Inc.

     1.4  "Change in Control" has the same meaning as under the Employees'
Retirement Plan.

     1.5  "Code" means the Internal Revenue Code of 1986, as amended.

     1.6  "Company" means Cytec Industries Inc.

     1.7  "Compensation" means compensation as defined in the Savings Plan
without consideration of the limit on compensation under Section 401(a)(17) of
the Code.

     1.8  "Eligible Employee" means, effective December 1, 1999, any person
employed by the Employer who has thirty (30) days of service with the Employer
and whose annual rate of base pay as of the later of their date of hire or
December 1 of the preceding year is equal to or greater than the limit on
compensation under Section 401(a)(17) of the Code.

     1.9  "Employees' Retirement Plan" means the Cytec Salaried and
Nonbargaining Employees' Retirement Plan, as amended from time to time.

                                       2
<PAGE>

     1.10  "Employer" means the Company, D Aircraft Products, Inc., Cytec
Fiberite Inc., any successors thereto, and any of the Company's subsidiaries
which adopts the Plan with the consent of the Board of Directors.

     1.11  "Member" means an Eligible Employee who becomes a Member pursuant to
Article II.

     1.12  "Plan" means this Cytec Supplemental Savings and Profit Sharing Plan,
as set forth herein, as amended from time to time.

     1.13  "Plan Year" means each twelve (12) consecutive month period
commencing each January 1 and ending on the following December 31.

     1.14  "Savings Plan" means the Cytec Employees' Savings and Profit Sharing
Plan, as amended from time to time.

     1.15  "Special Change in Control" shall have the same meaning as "Change in
Control" except that the reference to "20" in subsection (i) of the definition
of "Change in Control" in the Employees' Retirement Plan shall be replaced with
"50%."

     1.16  "Valuation Date" means each day on which the New York Stock Exchange
is open for the trading of securities.

     1.17  "Years of Service" means Years of Service as defined under the
Savings Plan.

     1.18  For purposes of this Plan, unless the context requires otherwise, the
masculine includes the feminine, the singular the plural, and vice-versa.  Any
reference to a "Section" or "Article" shall mean the indicated section or
article of this Plan unless otherwise specified.

                                   ARTICLE II

                                 Participation

                                       3
<PAGE>

     2.1  Election.   An Eligible Employee will become a Member effective as of
          ---------
the date a profit sharing contribution is credited to his account pursuant to
Article IV or the date he elects to defer a portion of his Compensation to this
Plan pursuant to Article III.

     2.2  Continuance of Participation.   After an Eligible Employee becomes a
          -----------------------------
Member of this Plan, his membership shall continue until his death, the
termination of his employment, or the date his Employer ceases to be a member of
the controlled group of corporations which include the Company; provided that
termination of membership shall not affect the Eligible Employee's right to be
credited with any matching and profit sharing contributions to be made with
respect to his period of employment.

                                  ARTICLE III

                             Savings Contributions

     3.1  Deferral Election.   During the sixty day period prior to the
          ------------------
commencement of each Plan Year, a Member may elect to defer up to 15% of his
Compensation less the amount contributed by the Member to the Savings Plan for
that Plan Year whether made on a before-tax or after-tax basis.  An Employee who
is hired during the Plan Year and qualifies as an Eligible Employee may submit
his initial deferral election with respect to the Plan to the Administrator
within thirty (30) days of his date of hire.  A Member may not modify his
deferral election during the Plan Year other than to revoke his election for the
balance of the Plan Year.  A Member's initial deferral election shall be deemed
to apply to all succeeding calendar years until changed by the Member during a
subsequent election period; provided, however, that if a Member takes a hardship
withdrawal from the Savings Plan which subjects the Member to the requirement
that elective deferrals to all plans maintained by the Employer be discontinued,
the

                                       4
<PAGE>

Member's deferral election will be treated as revoked under this Plan for the
applicable twelve month period.

     3.2  Matching Contribution.   With respect to any Member who is eligible to
          ----------------------
receive matching contributions under the Savings Plan and who makes a deferral
election pursuant to Section 3.1, the Company shall credit to his account a
matching contribution equal to 75% of the first 4% contributed by the Member to
the Savings Plan and this Plan,  whether made on a before-tax or after-tax
basis, less the amount of matching contribution allocated to the Member under
the Savings Plan for the Plan Year.  Matching contributions under this Section
shall be credited at the same time the monthly matching contributions are
contributed to the Savings Plan.

                                   ARTICLE IV

                          Profit Sharing Contributions

     Each Eligible Employee who has not made a deferral election pursuant to
Section 3.1 and each Member shall receive a Profit Sharing Contribution equal to
the amount of the profit sharing contribution that would have been made on the
Member's behalf under the Savings Plan if he is eligible to receive profit
sharing contributions under the Savings Plan, without respect to the limitations
imposed by the Code for that Plan Year under Sections 401(a)(17) and 415, minus
the amount actually contributed on his behalf under the Savings Plan for that
Plan Year.

                                   ARTICLE V

                                Member Accounts

     5.1  Establishment; Crediting of Amounts Deferred.  An account will be
          --------------------------------------------
established for each Member to reflect the amount credited to a Member as a
deferral pursuant to Section 3.1 on the approximate date on which such amounts
would have been paid to the Member but for the

                                       5
<PAGE>

Member's election to defer receipt hereunder, as well as the amount of matching
contribution and profit sharing contribution which is credited to the Member's
Account Balance pursuant to Section 3.2 and Article IV respectively. The amounts
of hypothetical income and appreciation and depreciation in value of such
Account Balance will be credited and debited to, or otherwise reflected in, such
Account Balance on a daily basis. Unless otherwise determined by the
Administrator, amounts credited to an Account Balance shall be deemed invested
in a hypothetical investment as of the date of deferral, the matching
contribution or the profit sharing contribution.

     5.2  Hypothetical Investment Options. Amounts credited to a Member's
          -------------------------------
Account Balance shall be deemed to be invested, at the Member's direction, in
one or more investment options as may be specified from time to time by the
Administrator on Appendix A.  The Administrator may change or discontinue any
hypothetical investment option available under the Plan in its discretion;
provided, however, that, subject to the authority of the Administrator to
disregard the directions of any Member, each affected Member is given the
opportunity, without limiting or otherwise impairing any other right of such
Member regarding changes in investment directions, to redirect the allocation of
his or her Account deemed invested in the discontinued investment option among
the other hypothetical investment options, including any replacement option.

     5.3  Allocation and Reallocation of Hypothetical Investments.  A Member may
          -------------------------------------------------------
allocate amounts credited to his or her  Account Balance to one or more of the
hypothetical investment options authorized under the Plan.  Subject to the rules
established by the Administrator, a Member may reallocate amounts credited to
his or her Account Balance as of any Valuation Date up to ten (10) times per
calendar quarter, in accordance with the directions

                                       6
<PAGE>

provided by the Administrator for making such change no later than the date
specified by the Administrator for effecting a change as of a particular
valuation date. The Administrator may, in its discretion, restrict allocation
into or reallocation by specified Members into or out of specified investment
options or specify minimum amounts that may be allocated or reallocated by
Members.

     5.4.  Trusts.  The Company may, in its discretion, establish one or more
           ------
Trusts (including sub-accounts under such Trusts), and initially deposit therein
amounts of cash or other property not exceeding the amount of the Company's
obligations with respect to a Member's Account established under this Section 5.
In such case, the amounts of income, appreciation and depreciation in value of
such Account Balance shall be determined by the Administrator, based upon the
hypothetical investment elections made by Members.  Other provisions of the Plan
notwithstanding, the timing of allocations and reallocations of assets in such
Account Balance, and the investment options available with respect to such
Account Balance, may be varied to reflect the timing of actual investments of
the assets of such Trust and the actual investments available to such Trust, all
as determined in the sole discretion of the Administrator.  The Trust's
investment vehicles may include such other assets as may be selected from time
to time.

                                   ARTICLE VI

                                    Vesting

     A Member's Account Balance attributable to matching and profit sharing
contributions shall vest in accordance with the rules of the Savings Plan;
provided, however, that in the event of a Change in Control a Member shall
immediately become fully vested in his Account Balance.  Account Balances
attributable to a Members' salary deferrals under Section 3.1 shall be fully
vested at all times.

                                       7
<PAGE>

                                  ARTICLE VII

                                 Death Benefits

     Upon the death of the Member, his entire Account Balance shall become fully
vested and shall be paid to his designated beneficiary.  If the Member fails to
designate a beneficiary, the Account Balance shall he distributed to the
Member's estate.

                                  ARTICLE VIII

                         Form and Time of Distribution

     8.1  Time of Payment.   Distribution will be made in installments in
          ----------------
accordance with the installment method selected by the Member under Section
8.2., unless the Member's Account Balance is subject to immediate distribution
in accordance with the exception for small Account Balances set forth in Section
8.3.

     8.2  Form of Distribution.   The Member's Account Balance shall be
          ---------------------
distributed in installments in accordance with the Member's election over a
period of five years or fifteen years following the Member's termination of
employment or retirement.  The Member may choose between five annual
installments payable on the anniversary date of the Member's termination of
employment or retirement, or sixty quarterly installments payable on the last
day of each calendar quarter.  In the event the Member chooses to have his
Account Balance distributed in quarterly installments, each payment shall equal
the Member's Account Balance as of the end of the applicable quarter divided by
the number of installment payments remaining in the sixty quarter period, less
any applicable withholding.  In the event the Member chooses to have his Account
Balance distributed in annual installments, each payment shall equal the
Member's Account Balance as of the end of the applicable twelve month period
divided by the number of

                                       8
<PAGE>

installment payments remaining in the five year period, less any applicable
withholding. A Member may, by written request to the Administrator, request
acceleration of all remaining installments at any time after payments commence
and prior to receipt of the last installment.

     The Administrator shall solicit an installment election from every Member
by January 31, 2000.  Eligible Employees who become Members after that date
shall make an installment election within the thirty day period after they
become Members.  A Member may change his installment election up until the
twelve month period preceding the date of termination or retirement.  Changes
made during the twelve month period preceding termination or retirement will be
ignored.

     8.3  Lump Sum Distribution of Small Amounts.   If the Member's Account
          --------------------------------------
Balance as of the date of his termination of employment or retirement is under
$40,000, the Administrator shall immediately distribute the Member's Account
Balance to him in a lump sum, less any applicable withholding, notwithstanding
the terms of the Member's installment election pursuant to Section 8.2.

     8.4  Special Change in Control.   Notwithstanding Section 8.1, if there
          --------------------------
occurs a Special Change in Control, the Member's Account Balance as of the date
of such Special Change in Control (or, if later, as of the date of distribution)
will be distributed immediately in a single lump sum.  Such distribution will
include hypothetical income, appreciation and depreciation computed in
accordance with Section 5.2 through the Valuation Date preceding the date of
distribution.  Such distribution shall not affect the Member's continuing
membership in this Plan under Section 2.2.

                                       9
<PAGE>

                                   ARTICLE IX

                                  Withdrawals

     9.1  Hardship Distributions.  Other provisions of the Plan notwithstanding,
          ----------------------
if, upon the written application of a Member, the Administrator determines that
the Member has suffered a hardship within the meaning of the Savings Plan, then
the Administrator may authorize a hardship distribution hereunder.  A
distribution hereunder will be made on account of hardship only if the
distribution is both made on account of an immediate and heavy financial need of
the Member, and the distribution amount is necessary to satisfy the financial
need, all as determined by the Administrator using the Treasury Regulations as a
guide, and the distribution amount is at least $5,000.

     9.2  Non-Scheduled In-Service Distributions.  Other provisions of the Plan
          --------------------------------------
notwithstanding, a Member may at any time request a distribution of some or all
of his or her vested Account (with a minimum distribution amount of $5,000) for
any reason.  In such event, however, ten percent (10%) of the amount taken as a
withdrawal from the Member's Account Balance will be forfeited and not paid to
the Member, and the Member may make no further deferrals for a twelve month
period measured from the date of the withdrawal.  Withdrawals made pursuant to
this Section 9.2 will be paid as soon as administratively practicable following
approval of the Administrator.

                                       10
<PAGE>

                                   ARTICLE X

                                Administration

     10.1  Administrator.   The Administrator shall supervise the daily
           --------------
management and administration of the Plan.  The Administrator shall serve
without compensation.

     10.2  Responsibilities and Powers of the Administrator.
           -------------------------------------------------

     The Administrator shall have the responsibility:

          (a) To administer the Plan in accordance with the terms hereof, and to
          exercise all powers specifically conferred upon the Administrator
          hereby or necessary to carry out the provisions thereof;

          (b) To keep all records relating to Members of the Plan and such other
          records as are necessary for proper operation of the Plan; and

          (c) To construe this Plan, which construction shall be conclusive,
          correct any defects, supply omissions, and reconcile inconsistencies
          to the extent necessary to effectuate the Plan.

     10.3  Operation of the Administrator
           ------------------------------
     In carrying out the Administrator's functions hereunder:

          (a) The Administrator may adopt rules and regulations necessary for
          the administration of the Plan and which are consistent with the
          provisions hereof;

          (b) Written records shall be kept of all acts and decisions;

          (c) The Administrator may also delegate, in writing, any of its
          responsibilities and powers to an individual(s) who is not a
          fiduciary;

          (d) The Administrator shall have the right to hire, at the expense of
          the Employer, such professional assistants and consultants as he, in
          his sole discretion, deems necessary or advisable, including, but not
          limited to, accountants, actuaries, consultants, counsel and such
          clerical assistance as is necessary for proper discharge of his
          duties; and

          (e) The Administrator will furnish statements to each Member
          reflecting the amount credited to a Member's Account and transactions
          therein not less frequently than once each calendar quarter.

                                       11
<PAGE>

     10.4  Claim and Appeal Procedure.  The Administrator shall provide adequate
           ---------------------------
notice in writing to any Member or to any Beneficiary ("Claimant") whose claim
for benefits under the Plan has been denied.  The Administrator's notice to the
Claimant shall set forth:

          (a) The specific reason for the denial;

          (b) Specific references to pertinent Plan provisions upon which the
          Administrator based its denial;

          (c) A description of any additional material and information that is
          needed;

          (d) That any appeal the Claimant wishes to make of the adverse
          determination must be in writing to the Administrator within seventy-
          five (75) days after receipt of the Administrator's notice of denial
          of benefits.  The Administrator's notice must further advise the
          Claimant that his failure to appeal the action to the Administrator in
          writing within the seventy-five (75) day period will render the
          Administrator's determination final, binding and conclusive; and .

          (e) The name and address to whom the Claimant may forward his appeal.

     If the Claimant should appeal to the Administrator, he, or his duly
authorized representative, may submit, in writing, whatever issues and comments
he or his duly authorized representative feels are pertinent.  The Claimant, or
his duly authorized representative, may review pertinent Plan documents.  The
Administrator shall re-examine all facts to the appeal and make a final
determination as to whether the denial of benefits is justified under the
circumstances.  The Administrator shall advise the Claimant of its decision
within sixty (60) days of the Claimant's written request for review, unless
special circumstances (such as a hearing) would make the rendering of a decision
within the sixty (60) day limit unfeasible, but in no event shall the
Administrator render a decision respecting a denial for a claim of benefits
later than one hundred twenty (120) days after its receipt of a request for
review.

     10.5  Indemnification.  In addition to any other indemnification that a
           ----------------
fiduciary, including but not limited to the Administrator, is entitled to, the
Employer shall indemnify such fiduciary from all claims for liability, loss or
damage (including payment of expenses in

                                       12
<PAGE>

connection with defense against such claim) arising from any act or failure to
act which constitutes a breach of such individual's fiduciary responsibilities
with respect to this Plan under any aspects of the law.

                                   ARTICLE XI

                                 Miscellaneous

     11.1  Benefits Payable by the Employer.   All benefits payable under this
           ---------------------------------
Plan constitute an unfunded obligation of the Employer. Payments shall be made,
as due, from the general funds of the Employer or, if applicable, from a grantor
trust established by the Employer. The Employer, at its option, may maintain one
or more bookkeeping reserve accounts to reflect its obligations under the Plan
and may make such investments as it may deem desirable to assist it in meeting
its obligations under the Plan. Any such investments shall be assets of the
Employer subject to claims of its general creditors. No person eligible for a
benefit under this Plan shall have any right, title to or interest in any such
investments.

     11.2  Amendment or Termination.
           -------------------------

     (a) The Board of Directors reserves the right to amend, modify, or restate
or terminate the Plan; provided, however, that no such action by the Board of
Directors shall reduce a Member's Account Balance as of the time thereof.  The
provisions of this Section prohibiting an action by the Board of Directors which
would reduce a Member's Account Balance cannot be amended without the consent of
all Members (including those who have retired).  Any amendment to the Plan shall
be made in writing by the Board of Directors, with or without a meeting, or
shall be made in writing by the Administrator, to the extent that the Board of
Directors has specifically delegated the authority to make such amendment to the
Administrator.

                                       13
<PAGE>

     (b) If the Plan is terminated, a determination shall be made of each
Member's Account Balance as of the Plan termination date (determined in
accordance with Section 11.2(a)).  The amount of such benefits shall be
immediately payable to each Member.

     11.3  Status of Employment.   Nothing herein contained shall be construed
           ---------------------
as conferring any rights upon any Member or any person for a continuation of
employment, nor shall it be construed as limiting in any way the right of the
Employer to discharge any Member or to treat him without regard to the effect
which such treatment might have upon him as a Member of the Plan.

     11.4  Payments to Minors and Incompetents.   If a Member or beneficiary
           ------------------------------------
entitled to receive any benefits hereunder is a minor or is deemed by the
Administrator or is adjudged to be legally incapable of giving valid receipt and
discharge for such benefits, they will be paid to the duly appointed guardian of
such minor or incompetent legally appointed person as the Administrator might
designate.  Such payment shall, to the extent made, be deemed a complete
discharge of any liability for such payment under the Plan.

     11.5  Tax Withholding.  The Company and any subsidiary or affiliated
           ---------------
entity shall have the right to deduct from amounts otherwise payable in
settlement of an Account Balance and any sums that federal, state, local or
foreign tax law requires to be withheld with respect to such payment.

     11.6  Limitation.  A Member and his or her Beneficiary shall assume
           ----------
all risk in connection with any decrease in value of the Account Balance and
neither the Company or any subsidiary or affiliated entity, the Committee nor
the Administrator shall be liable or responsible therefor.

                                       14
<PAGE>

     11.7  Construction.  The captions and numbers preceding the sections
           ------------
of the Plan are included solely as a matter of convenience of reference and are
not to be taken as limiting or extending the meaning of any of the terms and
provisions of the Plan.  Whenever appropriate, words used in the singular shall
include the plural or the plural may be read as the singular, and male
references shall include female and neuter, and vice versa.

     11.8  Severability.  In the event that any provision of the Plan shall
           ------------
be declared illegal or invalid for any reason, said illegality or invalidity
shall not affect the remaining provisions of the Plan but shall be fully
severable, and the Plan shall be construed and enforced as if said illegal or
invalid provision had never been inserted herein.

     11.9  Status.  The establishment and maintenance of, or allocations
           ------
and credits to, the Account Balance of any Member shall not vest in any Member
any right, title or interest in and to any specific assets or benefits except at
the time or times and upon the terms and conditions and to the extent expressly
set forth in the Plan and in accordance with the terms of the Trust.

     11.10  Inalienability of Benefits.   The right of any person to any benefit
            --------------------------
or payment under the Plan shall not be subject to voluntary or involuntary
transfer, alienation or assignment, and, to the fullest extent permitted by law,
shall not be subject to attachment, execution, garnishment, sequestration or
other legal or equitable process.  In the event a person who is receiving or is
entitled to receive benefits under the Plan attempts to assign, transfer or
dispose of such right, or if an attempt is made to subject said right to such
process, such assignment, transfer or disposition shall be null and void.

     11.11  Governing Law.   Except to the extent pre-empted by federal law, the
            -------------
provisions of the Plan will be construed according to the laws of the State of
New Jersey.

                                       15
<PAGE>

                                   APPENDIX A

     Effective December 29, 1999, the following Investment Options have been
selected by the Administrator for the hypothetical investment of a Member's
Account Balance:
     Vanguard Prime Money Market Fund
     Vanguard LIFEStrategy Fund Conservative Growth Portfolio
     Vanguard LIFEStrategy Fund Growth Portfolio
     Vanguard Balanced Index Fund
     Vanguard Index Trust - 500 Portfolio
     Vanguard Explorer Fund
     Vanguard International Growth Portfolio

                                       16

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