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                                                                    Exhibit 10.3

                        FAMILY HOME HEALTH SERVICES, INC.

                            PLACEMENT AGENT AGREEMENT

                        Made Effective: January 25, 2006

Westminster Securities Corporation
100 Wall Street
New York, NY 10005

Ladies and Gentlemen:

         The undersigned, Family Home Health Services, Inc., a Nevada
corporation (the "Company"), proposes to issue and sell a maximum of $1,750,000
of investment units ("Units") (the "Maximum Offering"). The terms and conditions
of the sale, issuance, and rights held by the securities underlying these Units
will be as set forth in the purchase agreement among the Company and the
investors in the offering ("Investor(s)") which shall be prepared by the Company
and subject to the approval of the Placement Agent (together with all exhibits,
schedules and supplements thereto, the "Subscription Documents"). The Units, the
preferred stock underlying the Units ("Preferred"), the common stock underlying
the Preferred ("Shares"), the warrants underlying the Units ("Warrants"), the
common stock underlying the Warrants ("Warrant Shares"), and the Placement Agent
Warrants (as hereinafter defined) are referred to collectively herein as the
"Equity".

         The offering of Units in the Company (the "Offering") will be conducted
on a "best efforts" basis. As used herein, including with respect to the
representations and warranties contained herein, unless the context otherwise
requires, the term "Company" shall include the Company together with all of its
direct and indirect wholly owned subsidiaries, and all representations and
warranties of the Company herein shall also be deemed made on behalf of and with
respect to each such subsidiary of the Company. This Placement Agent Agreement
("Agreement") is to confirm the arrangements with you (the "Placement Agent"),
with respect to the sale of the Units by the Placement Agent as exclusive agent
for the Company in the Offering.

         The Offering will not be registered with the Securities and Exchange
Commission ("SEC") nor with any state securities authority, but rather will be
offered as a private placement pursuant to an exemption from registration under
Regulation D ("Regulation D") promulgated under Section 4(2) and Rule 506 of the
Securities Act of 1933, as amended ("Securities Act"), and available state
securities law exemptions. The Units are to be sold in the Offering only to
"accredited investors", as that term is defined in Regulation D, pursuant to the
Subscription Documents.

         SECTION 1. Description of Common Stock. The Equity shall conform in all
respects to descriptions thereof contained in the Subscription Documents.

         SECTION 2. Representations and Warranties of the Company. The Company
hereby represents, warrants and covenants with the Placement Agent as follows:

         (a) The Subscription Documents, copies of which will be delivered to
the Placement Agent, will disclose all information concerning the Company which
would be material to an investment decision by a reasonable accredited financial
investor. The date on which the Offering is authorized by the Company to

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commence is May 18, 2006 and is herein called the "Commencement Date." The time
and date of each issuance of Units hereunder is herein called the "Issuance
Date" or the "Closing."

         (b) The Company is duly incorporated and validly existing as a
corporation in good standing under the laws of the state of its incorporation,
having corporate power and authority to own its properties and conduct its
business and is duly qualified and in good standing in each foreign jurisdiction
where the conduct of its business so requires such qualification. No direct or
indirect rights to acquire Common Stock exist, except as have been previously
disclosed to the public or as disclosed in the Subscription Documents.

         (c) The Company's Annual Report on Form 10-KSB, to be filed no later
than May 17, 2006 with the SEC (the "Form 10-KSB"), contains the audited
financial statements of the Company. The Company has previously provided to the
Investors the unaudited financial statements of the Company for the three-,
six-, nine-, and twelve-month periods ended December 31, 2005 and for the three
month period ended March 31, 2006 (collectively, the "Financial Statements").
The Financial Statements, fairly present the information purported to be shown
therein of the Company, at the respective dates to which they apply; and such
Financial Statements have been prepared in conformity with GAAP consistently
applied throughout the periods involved and are in accordance in all material
respects with the books and records of the Company.

         (d) The assets of the Company, as shown in the Financial Statements,
are owned by the Company with good title, free and clear of all liens,
encumbrances and equities of record or otherwise, except (i) those specifically
referred to in the Subscription Documents, (ii) those which do not materially
adversely affect the use or value of such assets, (iii) the lien of current
taxes not now due or which are being contested in good faith and for which
adequate reserves have been set aside and (iv) those disclosed in the Financial
Statements. The Company has the full right, power and authority to maintain and
operate its business and properties as the same are now operated or proposed to
be operated and is complying with all laws, ordinances and regulations
applicable thereto, except where the failure to so comply would not have a
material adverse effect on the Company.

         (e) There are no actions, suits or proceedings at law or in equity
pending, or to the Company's knowledge threatened, against the Company before or
by any federal or state commission, regulatory body, administrative agency or
other governmental body wherein, either in any case or in the aggregate, an
unfavorable ruling, decision or finding would materially adversely affect the
business, franchise, licenses, permits, operations or financial condition of the
Company which are not disclosed in the Subscription Documents.

         (f) The execution and delivery by the Company of this Agreement, the
consummation and performance of the transactions herein contemplated, and
compliance with the terms of this Agreement and the Subscription Documents by
the Company will not conflict with, result in a breach of, or constitute a
material default under, the Certificate or Articles of Incorporation or the
bylaws of the Company, in each case as amended, or any indenture, mortgage, deed
of trust or other agreement or instrument to which the Company is now a party or
by which it or any of its assets or properties is bound, or any law, order,
rule, regulation, writ, injunction, judgment or decree of any government,
governmental instrumentality or court, domestic or foreign, having jurisdiction
over the Company or any of its business or properties, to the extent that such
conflict, breach or default would have a material adverse effect on the Company,
and its subsidiaries as a whole, or their respective businesses, properties or
financial condition on a consolidated basis.

         (g) Except as set forth in the Subscription Documents or the Form
10-KSB, all material licenses,

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permits, approvals, leases, contracts and agreements referred to in the
Subscription Documents (including the Financial Statements), along with all
other material licenses, permits, approvals, leases, governmental authorizations
or contracts to which the Company is a party, have been obtained and are valid
and in full force and effect and neither the Company nor, to the knowledge of
the Company, any other party is in default thereunder, and to the knowledge of
the Company, no event has occurred which with the passage of time or the giving
of notice, or both, would constitute a default thereunder. There are no
proceedings pending, or to the knowledge of the Company threatened, seeking to
cancel, terminate or limit such licenses, approvals or permits.

         (h) Except as described in the Subscription Documents, the Company has
timely filed all federal, state and local tax returns required to be filed,
including without limitation, all sales tax returns, or has obtained extensions
thereof and has paid, or is contesting in good faith, all taxes shown on such
returns.

         (i) The Company will use the proceeds from the sale of the Preferred
Stock and the Warrants (excluding amounts paid by the Company for legal,
investment banking and administrative fees in connection with the sale of such
securities) for working capital and acquisitions; provided that the Company may
also: (a) purchase up to Five Hundred Thousand Dollars ($500,000) worth of
common stock from James Pilkington at a price not to exceed Forty Cents ($0.40)
per share; (b) lend up to Two Hundred And Fifty Thousand Dollars ($250,000) to
James Pilkington on terms reasonably acceptable to the Company; and/or, (c)
reduce the Company's bank debt by up to One Million Dollars ($1,000,000).

         (j) Except as set forth in the Subscription Documents: (i) the Company
owns or possesses adequate licenses or other valid rights to use all patents,
patent rights, trademarks, trademark rights, trade names, trade name rights,
trade secrets, copyright registrations, know-how and other proprietary
information (collectively, "Rights") necessary to the conduct of the business of
the Company as presently being conducted; (ii) the validity of such Rights and
the title thereto of the Company has not been questioned in any litigation to
which the Company is or has been a party, nor, to the best knowledge of the
Company, is any such litigation threatened, other than as set forth in the
Subscription Documents; (iii) to the best knowledge of the Company, the conduct
of the business of the Company as now conducted does not and will not conflict
with Rights of others in any way which has or might reasonably be deemed to have
a material adverse effect on the Company; and (iv) no proceedings are pending
against the Company nor, to the best knowledge of the Company, are any
proceedings threatened against the Company, alleging any violation of Rights of
any third person. The Company does not know of (x) any use that has heretofore
been or is now being made of any Rights owned by the Company, except by the
Company or by a person duly licensed by it to use the same under an agreement
described in the Subscription Documents or (y) any material infringement of any
Right owned by or licensed by or to the Company. To the best knowledge of the
Company, all Rights heretofore owned or held by any agent, independent
contractor, employee or officer of the Company or any subsidiary thereof and
used in the business of the Company in any manner have been duly and effectively
transferred to the Company. The consummation of the transactions contemplated by
this Agreement will not alter or impair the rights and interests of the Company
in any of the items referred to in this paragraph or disclosed in the
Subscription Documents as it relates to intangible property rights.

         (k) All of the representations, agreements and warranties in this
Section 2 shall survive delivery of and payment for all or any part of the Units
for three years from and after such delivery and payment.

         (l) The Company has no subsidiaries other than those disclosed in the
Form 10-KSB.

         SECTION 3.  Issuance, Sale and Delivery of the Units.

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         (a) The Company hereby agrees to sell the Units directly through the
Placement Agent on a "best efforts" basis. The proceeds of the Offering will be
deposited in an account in the name of or for the benefit of the Company (the
"Offering Account"). Unless a Closing is held by May 31, 2006 the Offering will
terminate and all funds theretofore received from the sale of the Units will be
promptly returned to the subscribers without deduction therefrom or interest
thereon.

         (b) All checks or wire transfers for the purchase of Units shall be
deposited in the Offering Account. Upon receipt thereof or on such scheduled
Issuance Date as the Company and the Placement Agent May agree, the Company
shall issue the Units and, simultaneously with the delivery of the Units, the
Company, or its counsel, shall deliver to the Placement Agent's counsel such
opinions, documents and certificates as are provided for herein.

          (c) The parties hereto represent that at each Issuance Date, the
representations and warranties herein contained, and the statements contained in
all certificates theretofore or simultaneously delivered by any party to another
pursuant to this Agreement, shall be true and correct.

         SECTION 4. Covenants of the Company. The Company covenants and agrees
with the Placement Agent that:

         (a) On the Commencement Date, and on each Issuance Date, the
Subscription Documents (as amended or as supplemented, if the same shall have
been amended or supplemented) will not contain an untrue statement of a material
fact and will not omit to state a material fact required to be stated therein or
necessary in order to make the statements therein, in light of the circumstances
under which they were made, not misleading.

         (b) The Company will prepare promptly upon the reasonable request of
the Placement Agent, such amendments or supplements to the Subscription
Documents, in such form as in the opinion of counsel to the Placement Agent May
be reasonably necessary or advisable in connection with the Offering. In
addition, if at any time prior to the last date on which Units shall be issued,
(i) an event relating to or affecting the Company shall have occurred which, in
the judgment of the Company or in the opinion of counsel for the Placement
Agent, would cause the Subscription Documents as then in effect to include an
untrue statement of a material fact or to omit to state a material fact required
to be stated therein or necessary in order to make the statements therein, in
light of the circumstances under which they were made, not misleading, or (ii)
it is otherwise necessary to amend or supplement the Subscription Documents, the
Company shall promptly notify the Placement Agent of the occurrence and shall
promptly prepare and deliver to the Placement Agent, without charge, sufficient
copies of an amended or supplemented Subscription Documents, and shall use its
reasonable best efforts to cause the appropriate state securities authorities to
take any required action with regard to any amendment as may be necessary to
permit the lawful use of the Subscription Documents in connection with the
Offering.

         (c) The Company's counsel shall prepare and file any necessary filings,
in the reasonable opinion of Company's counsel or Placement Agent's counsel,
under the state securities, or so-called "blue sky" laws and regulations (the
"Blue Sky Laws") and the Company shall pay the filing fees and all other
expenses in connection with any such qualification in such jurisdictions as the
Placement Agent shall designate, and to continue such qualification in effect so
long as required for the purposes of the Offering; provided, however, that the
Company shall not be required to qualify as a foreign corporation or to file a
consent to service of process in any jurisdiction in any action other than one
arising out of the offering or sale of the Units. The Company will provide
copies to the Placement Agent of all documents, exhibits and information filed
in connection with the qualification of the Units for sale under the Blue Sky
Laws.

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         (d) The Company, at its own expense, will give and continue to give
such financial statements and other information to and as May be required by the
proper public bodies of the jurisdictions in which the Offering May be
qualified.

         (e) The Company will pay all cash and security-based compensation and
expenses due to the Placement Agent in the manner, amounts and at times set
forth in the engagement letter made effective as of January 25, 2006 between the
Placement Agent and the Company ("Engagement Letter"), except that the Equity
Fee (as defined in the Engagement Letter) shall be reduced to Five Percent (5%)
for purposes of this Offering only. The warrants issuable to the Placement Agent
or its assignees pursuant to Section 4 of the Engagement Letter ("Placement
Agent Warrants") shall be exercisable at any time from the Issuance Date through
the last expiration date of any of the Warrants. The Placement Agent Warrants
and the shares of Common Stock issuable upon exercise of the Placement Agent
Warrants shall have registration, anti-dilution and other rights identical to
the Shares and Warrant Shares included in or issuable upon sale of the Units. In
the event that any payment due to the Placement Agent hereunder shall not be
made when due, interest shall accrue on the unpaid balance of such overdue
payments at the rate of twelve percent (12%) per annum until paid.

         (f) The forms of Preferred, Warrant and Placement Agent Warrant shall
contain customary registration rights, anti-dilution protection and such other
information, representations, warranties and covenants as shall be reasonably
acceptable to Placement Agent, the Company and their respective counsel.

         (g) The Company shall not release any Offering documents or the
Subscription Documents unless they are reasonably acceptable to Placement Agent
and its counsel.

         Except as described in the Subscription Documents or the Form 10-KSB,
all material licenses, permits, approvals or governmental authorization
necessary to permit the Company to conduct its business will be valid on each
Issuance Date, the Company shall in all material respects be complying therewith
and there shall be no proceedings pending, or to the knowledge of the Company
threatened, seeking to cancel, terminate, suspend or limit any such licenses,
permits, approvals or governmental authorization.

         (i) At each Issuance Date, the Company shall not have failed to qualify
to do business as a foreign corporation in any jurisdiction where required,
except where failure to so qualify would not have a material adverse effect on
the Company or where any qualification is required solely as a result of
conducting business over the Internet.

         (j) At the Commencement Date and at each Issuance Date, the Company
will be validly existing as a corporation in good standing under the laws of the
state of its incorporation, having corporate power and authority to own its
properties and conduct its business, and will have a capitalization as described
in the Subscription Documents. Following the date of publication of the
Subscription Documents and prior to the final Issuance Date, the only additional
securities issued in addition to those described in the previous sentence shall
be the Equity.

         (k) At Closing, (i) the Equity will conform, in all material respects,
to all statements with regard thereto contained in the Subscription Documents,
(ii) the Equity shall have been duly and validly authorized by proper corporate
authority, (iii) each portion of the Equity, when issued, exercised and/or paid
for (as applicable), or otherwise earned, each in accordance with its terms,
will be validly issued, fully paid and nonassessable and (iv) all shares of
Common Stock that comprise the Equity shall have been duly and validly reserved
for issuance. The Company shall ensure that all exercises properly requested
shall be effected promptly by the Company.

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         SECTION 5.  Indemnification.

         (a) In addition to the indemnification provisions of the Engagement
Letter, the Company hereby agrees to indemnify and hold harmless the Placement
Agent, its directors, officers, agents, employees, members, affiliates, counsel
and each other person or entity who controls the Placement Agent within the
meaning of Section 15 of the Securities Act (collectively, the "Agent
Indemnified Parties") from and against any and all losses, claims, damages or
liabilities (or actions in respect thereof), joint or several, to which they or
any of them may become subject under the Securities Act or any other statute or
at common law, and to reimburse such Agent Indemnified Parties for any
reasonable legal or other expense (including the cost of any investigation and
preparation) incurred by them in connection with any litigation, whether or not
resulting in any liability, but only insofar as such losses, claims, liabilities
and litigation arise out of or are based upon (i) any untrue statement or
alleged untrue statement of a material fact required to be stated in the
Subscription Documents or necessary to make the statements therein not
misleading, or omission to state therein a material fact necessary in order to
make the statements therein, in the light of the circumstances under which they
are made, not misleading (including, but not limited to, any documents deemed to
be incorporated into the Subscription Documents by reference), (ii) any breach
by the Company of any representation, warranty or covenant contained herein,
(iii) any matter otherwise relating to, arising out of or in connection with the
Offering or (iv) Placement Agent's service as Placement Agent hereunder;
provided, however, that the indemnity provisions contained in this subsection
(a) shall not apply to (x) amounts paid in settlement of any such litigation if
such settlement is effected without the consent of the Company (which shall not
be unreasonably withheld, delayed or denied), or (y) the Placement Agent or any
other Agent Indemnified Parties in respect of any such losses, claims, damages,
liabilities or actions (A) arising out of, or based upon any such untrue
statement or alleged untrue statement, or any such omission or alleged omission,
if such statement or omission was made in reliance upon information furnished in
writing to the Company by the Placement Agent or such Agent Indemnified Parties
specifically for use in connection with the preparation of the Subscription
Documents or any amendment thereof or supplement thereto or (B) arising from the
willful misconduct or gross negligence of the Placement Agent or any other Agent
Indemnified Party.

         The Company will reimburse all Agent Indemnified Parties for all
reasonable expenses (including, but not limited to, reasonable fees and
disbursements of counsel for the Agent Indemnified Parties) incurred by any such
Agent Indemnified Parties in connection with investigating, preparing and
defending any such action or claim, whether or not in connection with pending or
threatened litigation in connection with the transaction to which an Agent
Indemnified Party is a party, as such expenses are incurred or paid. The
Placement Agent agrees, within ten (10) days of receipt, to notify the Company
in writing of the receipt of written notice of the commencement of any action
against it or against any other Agent Indemnified Parties, in respect of which
indemnity may be sought from the Company on account of the indemnity provisions
contained in this subsection (a), but the failure to timely give such notice
shall not act to eliminate the Company's obligations hereunder except to the
extent the Company can demonstrate actual prejudice therefrom. In case any such
action shall be brought against the Placement Agent or any other Agent
Indemnified Parties, the Company shall be entitled to participate in (and, to
the extent that it shall wish, to direct) the defense thereof at its own
expense, but such defense shall be conducted by counsel reasonably satisfactory
to the Placement Agent or such other Agent Indemnified Parties.

         (b) The indemnity provision set forth herein, and the representations
and warranties of the Company set forth in this Agreement, shall remain
operative and in full force and effect, regardless of any investigation made by
or on behalf of the Placement Agent or by or on behalf of any of the Agent

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Indemnified Parties, subject to the limitations contained herein, and shall
survive the delivery of the Units, and any successor of the Placement Agent or
any other Agent Indemnified Parties shall be entitled to the benefit of the
respective indemnity provisions.

         (c) In order to provide for just and equitable contribution in any case
in which (i) any person entitled to indemnification under this Section 5 makes
claim for indemnification pursuant hereto but it is judicially determined (by
the entry of a final judgment or decree by a court of competent jurisdiction and
the expiration of time to appeal or the denial of the last right of appeal) that
such indemnification may not be enforced in such case notwithstanding the fact
that this Section 5 provides for indemnification in such case, or (ii)
contribution under the Securities Act may be required on the part of any such
person in circumstances for which indemnification is provided under this Section
5, then and in each such case, the Company and the Placement Agent shall
contribute to the aggregate losses, claims, damages or liabilities to which they
may be subject (after any contribution from others) in such proportion so that
the Placement Agent is responsible for an aggregate of seven percent (7.0%) of
the gross proceeds received by the Company on account of the sale of Units
(being the Placement Agent's cash commission), and the Company is responsible
for the remaining portion; provided however, that in any such case, no person
guilty of a fraudulent misrepresentation (within the meaning of Section 11(f) of
the Securities Act) shall be entitled to contribution from any person who was
not guilty of such fraudulent misrepresentation.

         Promptly after receipt by any party to this Agreement (or its
representative) of notice of the commencement of any action, suit or proceeding,
such party will, if a claim for contribution in respect thereof is to be made
against another party (the "Contributing Party"), notify the Contributing Party
in writing of the commencement thereof, but the omission to so notify the
Contributing Party will not relieve it from any liability which it may have to
any other party other than for contribution hereunder. In case any such action,
suit or proceeding is brought against any party and such party so notifies a
Contributing Party or his or its representative of the commencement thereof
within the aforesaid period, the Contributing Party will be entitled to
participate therein, with the notifying party and any other Contributing Party
similarly notified. Any such Contributing Party shall not be liable to any party
seeking contribution on account of any settlement of any claim, action or
proceeding effected by such party seeking contribution without the written
consent of such Contributing Party. The contribution provisions contained in
this Section 5 are in addition to any other rights or remedies which the Company
and the Placement Agent may have hereunder or otherwise.

         SECTION 6. Effectiveness of Agreement. This Agreement shall become
effective as of the date hereof.

         SECTION 7. Conditions of the Placement Agent's Obligations. The
Placement Agent's obligation to act as the agent of the Company hereunder, and
the Placement Agent's obligation to use its best efforts to find purchasers for
the Units, shall be subject to the satisfactory completion of its due diligence
examination and the accuracy, as of each Issuance Date, of the representations
and warranties on the part of the Company herein contained, to the performance
by the Company of all its agreements herein contained, to the fulfillment of or
compliance by the Company with all covenants and conditions hereof, and to the
following additional conditions:

         (a) The Placement Agent shall not have disclosed in writing to the
Company that the Subscription Documents or any amendment or supplement thereto
contains an untrue statement of a fact which in the opinion of counsel to the
Placement Agent, is material or omits to state a fact which, in the opinion of
such counsel, is material and is required to be stated therein or is necessary
to make the statements therein not misleading.

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         (b) Between the date hereof and each Issuance Date, the Company shall
not have sustained any loss on account of fire, explosion, flood, accident,
calamity or other cause, of such character as shall, in the sole discretion of
the Placement Agent, materially adversely affect its business or property.

         (c) Between the date hereof and each Issuance Date, there shall be no
litigation instituted, or to the knowledge of the Company threatened, against
the Company and there shall be no proceeding instituted or threatened against
the Company or before or by any federal or state commission, regulatory body or
administrative agency or other governmental body, domestic or foreign, wherein
an unfavorable ruling, decision or finding would materially adversely affect the
business, franchises, licenses, permits, operations, prospects, financial
condition or income of the Company.

         (d) During the period subsequent to the Commencement Date and prior to
each Issuance Date, the Company (i) shall have conducted its business in the
usual and ordinary manner as the same was being conducted on the Commencement
Date and (ii) the Company shall not have suffered or experienced any materially
adverse change in its financial condition or prospects.

         (e) The authorization of the Units, the Placement Agent Warrants, the
Equity, the Subscription Documents, and all corporate proceedings and other
legal matters incident thereto and to this Agreement shall be reasonably
satisfactory in all material respects to counsel to the Placement Agent.

         (f) The Company shall have furnished to the Placement Agent the opinion
of its counsel dated as of each Issuance Date substantially in the form attached
hereto as Exhibit A.

         (g) The Company shall have furnished to the Placement Agent a
certificate of the Chief Executive Officer and the Chief Financial Officer of
the Company dated as of each Issuance Date in the form attached hereto as
Exhibit B.

         All the opinions, letters, certificates and evidence mentioned above or
elsewhere in this Agreement shall be deemed to be in compliance with the
provisions hereof only if they are in form and substance satisfactory to
Placement Agent's counsel, whose approval shall not be unreasonably withheld.

         SECTION 8.  Termination.

         (a) This Agreement may be terminated by the Placement Agent by notice
to the Company in the event that the Company shall have failed or been unable to
comply with any of the terms, conditions or provisions of this Agreement on the
part of the Company to be performed, complied with or fulfilled within the
respective times herein provided for, unless compliance therewith or performance
or satisfaction thereof shall have been expressly waived by the Placement Agent
in writing.

         (b) This Agreement may be terminated by the Placement Agent by notice
to the Company at any time if, in the sole judgment of the Placement Agent, the
Offering or the sale or the payment for or the delivery of the Units is rendered
impracticable or inadvisable because (i) additional material governmental
restrictions not in force and effect on the date hereof shall have been imposed
upon trading in securities generally, or minimum or maximum prices shall have
been generally established, or trading in securities generally on the Pink
Sheets or Over-The-Counter Bulletin Board shall have been suspended or a general
banking moratorium shall have been established by federal or New York State
authorities, (ii) a war, major hostilities, terrorist or similar activity, act
of God or other calamity shall have occurred which materially adversely affects
the ability of the Placement Agent to perform its obligations hereunder, (iii)
of a material adverse change in the condition (financial or otherwise) of the
Company, its business or business prospects or (iv) the Placement Agent, in its
sole discretion, shall be dissatisfied with the results

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of its due diligence investigation.

         (c) Any termination of this Agreement pursuant to this section shall be
without liability of any character (including, but not limited to, loss of
anticipated profits or consequential damages) on the part of any party hereto,
except that the Company shall remain obligated to pay the costs and expenses
provided to be paid by it specified in Section 4(e) through the date of
termination, and the Company shall be obligated to pay all losses, claims,
damages or liabilities, joint or several, payable by the Company under Section
5(a).

         SECTION 9. Finders. Except as the parties may specifically identify in
the Subscription Documents, the Company and the Placement Agent mutually
represent that they know of no third party who rendered any service in
connection with the introduction of the Company to the Placement Agent and who
is making a claim against anyone for a "finder's fee" or similar type of fee in
connection with the Offering. Each party hereby indemnifies the other against
any claims by any person known to it and not known to the other parties hereto,
who shall claim to have rendered services in connection with the introduction of
the Company to the Placement Agent or to have such a claim and who shall make a
claim for a fee in connection therewith.

         SECTION 10. Placement Agent's Representations and Warranties. The
Placement Agent represents and warrants to and agrees with the Company that:

         (a) The Placement Agent is registered as a broker-dealer with the
Securities and Exchange Commission and is a member in good standing of the
National Association of Securities Dealers, Inc. ("NASD"). At all times while
making sales of the Units, the Placement Agent will remain a member in good
standing of the NASD.

         (b) The Placement Agent will not effect sales of the Units in any
jurisdiction unless it or its representative is duly licensed to effect sales in
such jurisdiction and the offer and sale of the Units are registered or exempt
from registration in such jurisdiction.

         (c) With respect to the Placement Agent's participation in the offer
and sale of the Company's securities pursuant to the Subscription Documents, the
Placement Agent shall comply with any applicable requirements of the 1933 Act,
the Securities Exchange Act of 1934, as amended, and the published rules and
regulations of the Commission thereunder, and the applicable state securities or
blue sky laws, and the Rules of the NASD.

         (d) The Placement Agent shall not give or provide any information or
make any representation other than those contained in the Subscription Documents
or any other document provided to the Placement Agent for such purpose by the
Company.

         (e) The Placement Agent has duly authorized this Agreement and this
Agreement is the valid, binding and enforceable obligation of the Placement
Agent.

         SECTION 11. Notice. Except as otherwise expressly provided in this
Agreement, (a) whenever notice is required by the provisions of this Agreement
to be given to the Company, such notice shall be given in writing, addressed to
the Company at the address set forth in the Subscription Documents, with a copy
to Butzel Long, 150 W. Jefferson Ave., Suite 100, Detroit, MI 48226-4050, Attn:
Robert A. Hudson, Esq.; and, (b) whenever notice is required by the provisions
of this Agreement to be given to the Placement Agent, such notice shall be in
writing addressed to the Placement Agent at the address set forth above, with a
copy to

                                       9

<PAGE>

Feldman Weinstein LLP, 420 Lexington Avenue, Suite 2620, New York, NY 10170,
Attn: Joseph Smith, Esq.

         SECTION 12.  Miscellaneous.

         (a) This Agreement is made solely for the benefit of the Placement
Agent, the Company and any controlling person referred to in Section 15 of the
Securities Act, and their respective successors and assigns, and no other person
shall acquire or have any right under or by virtue of this Agreement. The term
"successor" or the term "successors and assigns" as used in this Agreement shall
not include any purchaser, as such, of any of the Units.

         (b) The headings in this Agreement are for reference only and shall not
limit or otherwise affect any of the terms or provisions hereof.

         (c) This Agreement relates solely to the Offering. The Engagement
Letter shall continue to remain in full force and effect, as supplemented
herein, and shall survive any termination of this Agreement. The terms of the
Engagement Letter shall prevail over and supersede any conflicting term, part or
provision of this Agreement.

         (d) The provisions of this Agreement shall be deemed severable, so that
if any part, section or provision hereof shall be declared unlawful or
unenforceable, the remaining parts, sections or provisions hereof shall not be
affected thereby and shall remain in full force and effect.

         (e) This Agreement shall be deemed to have been drafted jointly by the
parties hereto.

         (f) The Placement Agent shall have the right to associate itself with
such other members of the NASD and/or foreign investment firms duly licensed, if
required, in their respective locales offering the Units only offshore to the
United States as additional agents as the Placement Agent May elect, in its sole
discretion. Such additional agents may become selected dealers subject to this
Agreement in the sole discretion of the Placement Agent by signing a Selected
Dealer Agreement in form satisfactory to the Placement Agent. The Placement
Agent shall have the right to share any compensation due to the Placement Agent
hereunder, with such additional agents and in such amounts as the Placement
Agent deems fit, in its sole judgment. In addition, such additional agents shall
be afforded the same indemnification by the Company as offered to the Placement
Agent hereunder.

         (g) The validity, interpretation and construction of this Agreement,
and of each part hereof, will be governed by the local laws of the State of New
York, without giving effect to its conflict of law principles or rules. In the
event of a dispute, the parties hereto agree to be bound by the arbitration
procedures of the American Arbitration Association, and that such arbitration
shall take place in the New York City metropolitan area. In actions not
involving collection by the Placement Agent of compensation and/or reimbursement
expenses, the prevailing party shall be reimbursed by the nonprevailing party
for all reasonable attorney's fees and costs (including all arbitration costs)
incurred by the prevailing party in resolving such dispute. In any action in
which Placement Agent seeks compensation and/or reimbursement of expenses, the
Company shall reimburse Placement Agent for all costs associated with such
action (including but not limited to reasonable attorney fees) as and when the
Placement Agent provides the Company with invoices for such costs and expenses.

         (h) This Agreement may be executed in counterparts, each of which shall
be deemed an original and all of which together will constitute one and the same
instrument.

                                       10

<PAGE>

         (i) Westminster shall not be obligated to provide advice or perform
services to the Company that are not specifically addressed in this Agreement
and/or the Engagement Letter. The obligations of Westminster described in this
Agreement and the Engagement Letter consist solely of best efforts services to
the Company. In no event shall Westminster be required or permitted without
express authorization by this Agreement to make decisions for the Company or to
provide legal or accounting services. All final decisions with respect to acts
of the Company or its affiliates, whether or not made pursuant to or in reliance
upon information or advice furnished by Westminster hereunder, shall be those of
the Company or such affiliates, and Westminster shall under no circumstances be
liable for any expense incurred or loss suffered by the Company as a consequence
of such decisions.

         (j) This Agreement shall be binding upon and inure to the benefit of
the parties and their respective successors and authorized assigns. Any attempt
by either party to assign any rights, duties, or obligations which may, arise
under this Agreement without the prior written consent of the other party shall
be void.

         (k) This Agreement, its Exhibits, and the Engagement Letter contain the
entire agreement between the parties with respect to the subject matter hereof,
and neither party is relying on any agreement, representation, warranty, or
other understanding not expressly stated in the Agreement, its Exhibits and/or
the Engagement Letter.

         (l) The parties acknowledge that certain provisions of this Agreement
must survive any termination or expiration thereof in order to be fair and
equitable to the party to whom any promise or duty to perform is owed under such
provision prior to such termination or expiration of the Agreement. Therefore,
the parties agree that the provisions of Sections 1, 2, 3, 4, 5, 7, 8(c), 9, 10,
11, and 12 shall survive the termination or expiration of this Agreement for the
period required to meet and satisfy any obligations and promises arising therein
and thereunder

         Please confirm that the foregoing correctly sets forth the Agreement
between the Placement Agent and the Company.

                  FAMILY HOME HEALTH SERVICES, INC.

                  By:
                     --------------------------------------
                               Kevin Ruark, President & CEO

         We hereby confirm as of the date hereof that the above letter sets
forth the agreement between the Company and us.

                  WESTMINSTER SECURITIES CORPORATION

                  By:
                     --------------------------------------
                       John P. O'Shea, President & CEO

                                       11

<PAGE>

                                                                       EXHIBIT A

                              FORM OF LEGAL OPINION

[Date]

Westminster Securities Corporation
100 Wall St, 7th Floor
New York, NY  10005

Ladies and Gentlemen:

         We have acted as counsel to Family Home Health Services, Inc., a Nevada
corporation (the "Company"), in connection with the execution and delivery by
the Company of each Subscription Agreement (the "Subscription Agreements"), by
and among the Company and the investors identified on each signature page
thereto (the "Investors") as of the date above ("Closing"). (CAPITALIZED TERMS
NOT OTHERWISE DEFINED HEREIN ARE DEFINED AS SET FORTH IN THE SUBSCRIPTION
AGREEMENT.)

         We have participated in the preparation and negotiation of the
Subscription Agreements and the other documents referred to therein. We also
have examined such certificates of public officials, corporate documents and
records and other certificates, opinions, agreements and instruments and have
made such other investigations as we have deemed necessary in connection with
the opinions hereinafter set forth.

         Based on the foregoing and upon such investigation as we have deemed
necessary, we give you our opinion as follows:

       The Company is a corporation duly organized, validly existing and in good
     standing under the laws of Nevada. The Company has all requisite power and
     authority, and all material governmental licenses, authorizations, consents
     and approvals, required to own and operate its properties and assets and to
     carry on its business as now conducted and as proposed to be conducted (all
     as described in the Subscription Agreements). The Company is duly qualified
     to transact business and is in good standing in each jurisdiction in which
     the failure to qualify could have a Material Adverse Effect on the Company.

       The Company has all requisite power and authority to execute, deliver and
     perform the Subscription Agreements, and to issue, sell and deliver the
     Preferred, the Shares, the Warrants, and the Warrant Shares, pursuant to
     the Subscription Agreements and to carry out and perform its obligations
     under, and to consummate the transactions contemplated by, the Subscription
     Agreements.

       All action on the part of the Company, its directors and its stockholders
     necessary for the authorization, execution and delivery by the Company of
     the Subscription Agreements, the authorization, issuance, sale and delivery
     of the Preferred and Warrants pursuant to the Subscription

                                       12

<PAGE>

     Agreements, the issuance and delivery of the Shares and the Warrant Shares,
     and the consummation by the Company of the transactions contemplated by the
     Subscription Agreements has been duly taken. The Subscription Agreements
     have been duly and validly executed and delivered by the Company and
     constitute the legal, valid and binding obligation of the Company,
     enforceable against the Company in accordance with their terms, except (a)
     that such enforceability May be limited by bankruptcy, insolvency or other
     similar laws affecting the enforcement of creditors' rights in general and
     (b) that the remedies of specific performance and injunctive and other
     forms of injunctive relief May be subject to equitable defenses.

       After giving effect to the transactions contemplated by the Subscription
     Agreements, and immediately after the Closing, the authorized capital stock
     of the Company will consist of: an aggregate of _________ shares of Common
     Stock, of which ________ shares will be issued and outstanding, and
     _________ shares will be reserved for issuance upon conversion of issued
     and outstanding options, warrants and other derivative securities,
     __________ shares will be reserved for issuance to employees, officers and
     directors under [Employee / Officers Incentive Plan], of which __________
     shares are subject to currently outstanding incentive stock option grants
     and __________ shares are subject to currently outstanding non-qualified
     stock option grants, and __________ shares will be reserved for issuance
     upon conversion of Preferred and exercise of Warrants. All presently issued
     and outstanding shares of Common Stock have been duly authorized and
     validly issued and are fully paid and nonassessable and free of any
     preemptive or similar rights, and have been issued in compliance with
     applicable securities laws and regulations; provided that we render no
     opinion hereunder as to compliance with the securities laws of Canada or
     its provinces. The Preferred and the Warrants which are being issued on the
     date hereof or within ten (10) days hereafter pursuant to the Subscription
     Agreements have been duly authorized and validly issued and are fully paid
     and nonassessable and free of preemptive or similar rights, and have been
     issued in compliance with applicable United States securities laws, rules
     and regulations. The Shares and Warrant Shares have been duly and validly
     authorized and reserved for issuance, and when issued in accordance with
     the conversion of the Preferred or the exercise of the Warrants in
     accordance with their terms, will be validly issued, fully paid and
     nonassessable, and free of any preemptive or similar rights. To our
     knowledge, other than the commitment to the Placement Agent pursuant to the
     Placement Agent Agreement and engagement letter, there are no other
     options, warrants, conversion privileges or other rights presently
     outstanding to purchase or otherwise acquire from the Company any capital
     stock or other securities of the Company, or any other agreements to issue
     any such securities or rights. The rights, privileges and preferences of
     the Common Stock are as stated in the Company's Articles of Incorporation.

       Based in part upon the representations of the Purchasers contained in the
     Subscription Agreements, the Preferred, the Shares, the Warrants and the
     Warrant Shares May be issued to the Investors without registration under
     the Securities Act of 1933, as amended (the "1933 Act").

       The execution, delivery and performance by the Company of, and the
     compliance by the Company with the terms of, the Subscription Agreements
     and the issuance, sale and delivery of the Preferred, the Shares, the
     Warrants and the Warrant Shares pursuant to the Subscription Agreements do
     not (a) conflict with or result in a violation of any provision of law,
     rule or regulation having applicability to the Company or of the
     certificate of incorporation or by-laws or other similar organizational
     documents of the Company, (b) conflict with, result in a breach of or
     constitute a default (or an event which with notice or lapse of time or
     both would become a default) under, or result in or permit the termination
     or modification of, any agreement, instrument, order, writ, judgment or
     decree known to us to which the Company is a party or is subject or (c)
     result in the creation or imposition of any lien,

                                       13

<PAGE>

     claim or encumbrance on any of the Company's assets or properties.

       To our knowledge, except as disclosed in the Subscription Documents there
     is no claim, action, suit, proceeding, arbitration, investigation or
     inquiry, pending or threatened, before any court or governmental or
     administrative body or agency, or any private arbitration tribunal, against
     the Company or its Subsidiaries, or any of its officers, directors or
     employees (in connection with the discharge of their duties as officers,
     directors and employees), or affecting any of its properties or assets.

       No consent, license, permit, waiver, approval or authorization of, or
     designation, declaration, registration or filing with, any court,
     governmental or regulatory authority, or self-regulatory organization, is
     required in connection with the valid execution, delivery and performance
     by the Company of the Documents, or the offer, sale, issuance or delivery
     of the Preferred, the Shares, the Warrants and the Warrant Shares or the
     consummation of the transactions contemplated thereby.

       The Company is not an Investment Company within the meaning of the
Investment Company Act of 1940, as amended.

We confirm that the Company has no subsidiaries.

This opinion is for the benefit of Westminster Securities Corporation and each
of the Investors.

                                            Very truly yours,

                                       14

<PAGE>

                                                                       EXHIBIT B

                          FORM OF OFFICER'S CERTIFICATE

[Date]

Westminster Securities Corporation
100 Wall Street, 7th Floor
New York, NY  10005

Ladies and Gentlemen:

We, the Chief Executive Officer and Chief Financial Officer of Family Home
Health Services, Inc. (the "Company"), in connection with the execution and
delivery by the Company of each Subscription Agreement (the "Subscription
Agreements"), by and among the Company and the investors identified on each
signature page thereto (the "Investors") as of the date above ("Closing"), do
hereby certify as follows (Capitalized terms not otherwise defined herein are
defined as set forth in the Subscription Agreements.):

              (i) The representations and warranties of the Company in each
Subscription Agreement are true and correct in all material respects at and as
of the Closing and the Company has complied in all material respects with all
the agreements and satisfied all the conditions on its part to be performed or
satisfied at or prior to the Closing.

              (ii) The Agreement and any amendments and supplements thereto, and
all statements contained therein, are true and correct, and neither the
Agreement nor any amendment or supplement thereto includes any untrue statement
of a material fact or omits to state any material fact required to be stated
therein in light of the circumstances in which they were made or necessary to
make the statements therein not misleading, and since the Commencement Date,
there has occurred no event required to be set forth in an amended or
supplemented Agreement which has not been so set forth.

                  Very truly yours,

                  ---------------------------     -----------------------------
                  Kevin Ruark
                  Chief Executive Officer         Chief Financial Officer

                                       15<PAGE>

                                                                    EXHIBIT 10.1

(PRINCIPAL FINANCIAL GROUP(R) LOGO)

                   THE EXECUTIVE NONQUALIFIED EXCESS PLAN(SM)
                                  PLAN DOCUMENT

<PAGE>
                                                                               .
                                                                               .
                                                                               .

                                TABLE OF CONTENTS

                   THE EXECUTIVE NONQUALIFIED EXCESS PLAN(SM)

<TABLE>
<CAPTION>
                                                                            Page
                                                                            ----
<S>                                                                         <C>
Section 1. Purpose:......................................................     1

Section 2. Definitions:..................................................     1
   2.1    "Active Participant" ..........................................     1
   2.2    "Adoption Agreement" ..........................................     2
   2.3    "Beneficiary" .................................................     2
   2.4    "Board" .......................................................     2
   2.5    "Change in Control" ...........................................     2
   2.6    "Committee" ...................................................     3
   2.7    "Compensation" ................................................     3
   2.8    "Crediting Date" ..............................................     4
   2.9    "Deferred Compensation Account" ...............................     4
   2.10   "Disabled" ....................................................     4
   2.11   "Education Account" ...........................................     4
   2.12   "Effective Date" ..............................................     4
   2.13   "Employee" ....................................................     5
   2.14   "Employer" ....................................................     5
   2.15   "Employer Credits" ............................................     5
   2.16   "Independent Contractor" ......................................     5
   2.17   "In-Service Account" ..........................................     5
   2.18   "Normal Retirement Age" .......................................     6
   2.19   "Participant" .................................................     6
   2.20   "Participant Deferral Agreement" ..............................     6
   2.21   "Participant Deferral Credits" ................................     6
   2.22   "Participating Employer".......................................     6
   2.23   "Performance-Based Compensation" ..............................     6
   2.24   "Plan" ........................................................     7
   2.25   "Plan Administrator" ..........................................     7
   2.26   "Plan-Approved Domestic Relations Order" ......................     7
   2.27   "Plan Year" ...................................................     9
   2.28   "Qualifying Distribution Event" ...............................     9
   2.29   "Retirement Account" ..........................................     9
   2.30   "Service" .....................................................     9
   2.31   "Service Bonus" ...............................................     9
   2.32   "Specified Employee" ..........................................    10
   2.33   "Spouse" or "Surviving Spouse" ................................    10
   2.34   "Student" .....................................................    10
   2.35   "Trust" .......................................................    10
   2.36   "Trustee" .....................................................    10
   2.37   "Unforeseeable Emergency" .....................................    10
   2.38   "Years of Service" ............................................    11
</TABLE>

<PAGE>

<TABLE>
<S>                                                                         <C>
Section 3. Participation:................................................    11

Section 4. Credits to Deferred Compensation Account:.....................    11
   4.1    Participant Deferral Credits.  ................................    11
   4.2    Employer Credits.  ............................................    13
   4.3    Deferred Compensation Account.  ...............................    13

Section 5. Qualifying Distribution Events:...............................    14
   5.1    Separation from Service.  .....................................    14
   5.2    Disability.  ..................................................    14
   5.3    Death.  .......................................................    14
   5.4    In-Service Distributions.  ....................................    14
   5.5    Education Distributions.  .....................................    15
   5.6    Change in Control.  ...........................................    16
   5.7    Unforeseeable Emergency.  .....................................    16

Section 6. Qualifying Distribution Events Payment Options:...............    17
   6.1    Payment Options.  .............................................    17
   6.2    De Minimis Amounts.  ..........................................    18
   6.3    Subsequent Elections.  ........................................    19
   6.4    Acceleration Prohibited.  .....................................    19

Section 7. Vesting:......................................................    20

Section 8. Accounts; Deemed Investment; Adjustments to Account:..........    20
   8.1    Accounts.  ....................................................    20
   8.2    Deemed Investments.  ..........................................    20
   8.3    Adjustments to Deferred Compensation Account.  ................    21

Section 9. Administration by Committee:..................................    21
   9.1    Membership of Committee.  .....................................    21
   9.2    Committee Officers; Subcommittee.  ............................    21
   9.3    Committee Meetings.  ..........................................    22
   9.4    Transaction of Business.  .....................................    22
   9.5    Committee Records.  ...........................................    22
   9.6    Establishment of Rules.  ......................................    22
   9.7    Conflicts of Interest.  .......................................    22
   9.8    Correction of Errors.  ........................................    23
   9.9    Authority to Interpret Plan.  .................................    23
   9.10   Third Party Advisors.  ........................................    23
   9.11   Compensation of Members.  .....................................    23
   9.12   Expense Reimbursement.   ......................................    24
   9.13   Indemnification.  .............................................    24
</TABLE>

                                       ii

<PAGE>

<TABLE>
<S>                                                                         <C>
Section 10. Contractual Liability; Trust:................................    24
   10.1   Contractual Liability.  .......................................    24
   10.2   Trust.  .......................................................    25

Section 11. Allocation of Responsibilities:..............................    25
   11.1   Board..........................................................    25
   11.2   Committee......................................................    25
   11.3   Plan Administrator.............................................    25

Section 12. Benefits Not Assignable; Facility of Payments:...............    26
   12.1   Benefits Not Assignable.  .....................................    26
   12.2   Plan-Approved Domestic Relations Orders.  .....................    26
   12.3   Payments to Minors and Others.  ...............................    27

Section 13. Beneficiary:.................................................    27

Section 14. Amendment and Termination of Plan:...........................    28
   14.1   Termination in the Discretion of the Employer.  ...............    28
   14.2   Termination Upon Change in Control.  ..........................    29
   14.3   Termination On or Before December 31, 2005.  ..................    29
   14.4   No Financial Triggers.  .......................................    29

Section 15. Communication to Participants:...............................    29

Section 16. Claims Procedure:............................................    29
   16.1   Filing of a Claim for Benefits.  ..............................    29
   16.2   Notification to Claimant of Decision.  ........................    30
   16.3   Procedure for Review.  ........................................    30
   16.4   Decision on Review.  ..........................................    31
   16.5   Action by Authorized Representative of Claimant.  .............    31

Section 17. Miscellaneous Provisions:....................................    31
   17.1   Set off.  .....................................................    31
   17.2   Notices.  .....................................................    31
   17.3   Lost Distributees.  ...........................................    32
   17.4   Reliance on Data.  ............................................    32
   17.5   Receipt and Release for Payments.  ............................    32
   17.6   Headings.  ....................................................    33
   17.7   Continuation of Employment.  ..................................    33
   17.8   Merger or Consolidation; Assumption of Plan.  .................    33
   17.9   Construction.  ................................................    33
</TABLE>

                                       iii
<PAGE>

                   THE EXECUTIVE NONQUALIFIED EXCESS PLAN(SM)

          SECTION 1. PURPOSE:

          By execution of the Adoption Agreement, the Employer has adopted the
Plan set forth herein 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 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)(1) of the Employee Retirement Income
Security Act of 1974 and independent contractors.

          SECTION 2. DEFINITIONS:

          As used in the Plan, including this Section 2, references to one
gender shall include the other and, 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 immediately upon a determination by the
Committee that the Participant has ceased to be an Employee or Independent
Contractor, or that the Participant no longer meets the eligibility requirements
of the Plan.

<PAGE>

          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 Employer, if the
Employer is a corporation. If the Employer is not a corporation, "Board" shall
mean the Employer.

          2.5 "CHANGE IN CONTROL" of a corporation (or, to the extent permitted
in this Section 2.5, a partnership or other entity) shall occur on the earliest
of the following events:

          2.5.1 Change in Ownership: A change in ownership of a corporation
     occurs on the date that any one person, or more than one person acting as a
     group, acquires ownership of stock of the corporation that, together with
     stock held by such person or group, constitutes more than 50% of the total
     fair market value or total voting power of the stock of the corporation,
     excluding the acquisition of additional stock by a person or more than one
     person acting as a group who is considered to own more than 50% of the
     total fair market value or total voting power of the stock of the
     corporation.

          2.5.2 Change in Effective Control: A change in effective control of a
     corporation occurs on the date that either:

               (i) Any one person, or more than one person acting as a group,
          acquires (or has acquired during the 12-month period ending on the
          date of the most recent acquisition by such person or persons)
          ownership of stock of the corporation possessing 35% or more of the
          total voting power of the stock of the corporation; or

               (ii) A majority of the members of the board of directors of the
          corporation is replaced during any 12-month period by directors whose
          appointment or election is not endorsed by a majority of the members
          of the board of directors prior to the date of the appointment or
          election; provided, that this paragraph (ii) shall apply only to a
          corporation for which no other corporation is a majority shareholder.

          2.5.3 Change in Ownership of Substantial Assets: A change in the
     ownership of a substantial portion of a corporation's assets occurs on the
     date that any one person, or more than one person acting as a group,
     acquires (or has acquired during the 12-month period ending on the date of
     the most recent

                                       2

<PAGE>

     acquisition by such person or persons) assets from the corporation that
     have a total gross fair market value equal to or more than 40% of the total
     gross fair market value of the assets of the corporation immediately prior
     to such acquisition or acquisitions. For this purpose, gross fair market
     value means the value of the assets of the corporation, or the value of the
     assets being disposed of, determined without regard to any liabilities
     associated with such assets.

For this purpose, the Change in Control must relate to (i) a corporation that is
the Employer of the Participant; (ii) a corporation that is liable for the
payment of benefits under this Plan; (iii) a corporation that is a majority
shareholder of the corporation described in (i) or (ii); or (iv) any corporation
in a chain of corporations in which each corporation is a majority shareholder
of another corporation in the chain, ending with the corporation described in
(i) or (ii). To the extent provided in regulations and administrative guidance
promulgated under Section 409A of the Code, the provisions of this Section 2.5
may be applied to changes in the ownership of a partnership and changes in the
ownership of a substantial portion of the assets of a partnership. A Change in
Control shall not be deemed to have occurred until a majority of the members of
the Board receive written certification from the Committee that one of the
events set forth in this Section 2.5 has occurred. The occurrence of an event
described in this Section 2.5 must be objectively determinable by the Committee
and, if made in good faith on the basis of information available at the time,
such determination shall be conclusive and binding on the Committee, the
Employer, the Participants and their Beneficiaries for all purposes of the Plan.

          2.6 "COMMITTEE" means the person designated in the Adoption Agreement.
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 "COMPENSATION" shall have the meaning designated in the Adoption
Agreement.

                                        3

<PAGE>

          2.8 "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
to the Deferred Compensation Account of a Participant on any day that securities
are traded on a national securities exchange.

          2.9 "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
Account or Education Account of the Participant, if applicable.

          2.10 "DISABLED" means a Participant who 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.

          2.11 "EDUCATION ACCOUNT" means a separate account to be kept for each
Participant that has elected to take education distributions as described in
Section 5.5. The Education 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.

          2.12 "EFFECTIVE DATE" shall be the date designated in the Adoption
Agreement as of which the Plan first becomes effective. Notwithstanding the
foregoing, any amounts

                                       4

<PAGE>

credited to the account of a Participant pursuant to the terms of a predecessor
plan of the Employer which are not earned and vested before January 1, 2005,
shall be subject to the terms of this Plan.

          2.13 "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 employee and if the individual is a highly
compensated or management employee of the Employer. An individual shall cease to
be an Employee upon the Employee's termination of Service.

          2.14 "EMPLOYER" means the Employer identified in the Adoption
Agreement, and any Participating Employer which adopts this Plan. The Employer
may be a corporation, a limited liability company, a partnership or sole
proprietorship. All references herein to the Employer shall include each trade
or business (whether or not incorporated) that is required to be aggregated with
the Employer under rules similar to subsections (b) and (c) of Section 414 of
the Code.

          2.15 "EMPLOYER CREDITS" means the amounts credited to the
Participant's Deferred Compensation Account by the Employer pursuant to the
provisions of Section 4.2.

          2.16 "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.

          2.17 "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

                                       5

<PAGE>

Compensation Account under Section 8 and in accordance with the rules and
elections in effect under Section 8.

          2.18 "NORMAL RETIREMENT AGE" of a Participant means the age designated
in the Adoption Agreement.

          2.19 "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.

          2.20 "PARTICIPANT DEFERRAL AGREEMENT" means a written agreement
entered into between a Participant and the Employer pursuant to the provisions
of Section 4.1

          2.21 "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.

          2.22 "PARTICIPATING EMPLOYER" means any trade or business (whether or
not incorporated) which adopts this Plan with the consent of the Employer
identified in the Adoption Agreement.

          2.23 "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 in which the service provider
performs services. Organizational or individual performance criteria are
considered preestablished if established in writing at least 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 payments based upon
subjective performance criteria in accordance

                                       6

<PAGE>

as provided in regulations and administrative guidance promulgated under Section
409A of the Code.

          2.24 "PLAN" means The Executive Nonqualified Excess Plan, as herein
set out or as duly amended. The name of the Plan as applied to the Employer
shall be designated in the Adoption Agreement.

          2.25 "PLAN ADMINISTRATOR" means the person designated in the Adoption
Agreement. If the Plan Administrator designated in the Adoption Agreement is
unable to serve, the Employer shall be the Plan Administrator.

          2.26 "PLAN-APPROVED DOMESTIC RELATIONS ORDER" shall mean a court order
that is lawfully directed to this Plan and that is served upon the Plan
Administrator before the Participant receives a distribution of his benefit that
pursuant to a state domestic relations law creates or recognizes the existence
of the right of an alternate payee to receive all or a portion of a
Participant's benefit and that meets all of the following requirements. An order
shall not be a Plan-Approved Domestic Relations Order unless the Plan
Administrator determines that the court order on its face and without reference
to any other document states all of the following:

          (a) The court order expressly states that it relates to the provision
of child support, alimony, or marital property rights to a spouse, former
spouse, or child of a Participant and is made pursuant to State domestic
relations law.

          (b) The court order clearly and unambiguously specifies that it refers
to this Plan.

          (c) The court order clearly and unambiguously specifies the name of
the Participant's Employer.

          (d) The court order clearly specifies: the name, mailing address, and
social security number of the Participant; and the name, mailing address, and
social security number of each alternate payee.

          (e) The court order clearly specifies the amount or percentage, or the
manner in which the amount or percentage is to be determined, of the
Participant's benefit to be paid to or segregated for the separate account of
the alternate payee.

                                       7

<PAGE>

          (f) The court order expressly states that the alternate payee's
segregated account shall bear all fees and expenses as though the alternate
payee were a Participant.

          (g) The court order clearly specifies that any distribution to the
alternate payee becomes payable only after a Qualifying Distribution Event of
the Participant and only upon the alternate payee's written claim made to the
Administrator.

          (h) The court order clearly specifies that any distribution to any
alternate payee shall be payable only as a lump sum.

          (i) The court order expressly states that it does not require this
Plan to provide any type or form of benefit or any option not otherwise provided
under this Plan.

          (j) The court order expressly states that the order does not require
this Plan to provide increased benefits.

          (k) The court order expressly states that any provision of it that
would have the effect of requiring any distribution to an alternate payee of
deferred compensation that is required to be paid to another person under any
court order is void.

          (l) The court order expressly states that nothing in the order shall
have any effect concerning any party's tax treatment, and that nothing in the
order shall direct any person's tax reporting or withholding.

An order shall not be a Plan-approved Domestic Relations Order if it includes
any provision that does not relate to this Plan. Without limiting the
comprehensive effect of the preceding sentence, an order shall not be a
Plan-Approved Domestic Relations Order if the order includes any provision
relating to any pension plan, retirement plan, deferred compensation plan,
health plan, welfare benefit plan, or employee benefit plan other than this
Plan. An order shall not be a Plan-Approved Domestic Relations Order unless the
order provides for only one alternate payee. An order shall not be a
Plan-Approved Domestic Relations Order if the order includes any provision that
would permit the alternate payee to designate any beneficiary for any purpose.
However, an order does not fail to qualify as a Plan-approved Domestic Relations
Order because it provides that any rights not paid before the alternate payee's
death shall be payable to the duly appointed and then-currently serving personal
representative of the alternate payee's estate. The Plan Administrator may
assume that the alternate payee named by the court order is a proper

                                       8

<PAGE>

payee and need not inquire into whether the person named is a spouse or former
spouse or child of the Participant.

          2.27 "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.

          2.28 "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, or (vi) an
Unforeseeable Emergency, each to the extent provided in Section 5.

          2.29 "RETIREMENT ACCOUNT" means the portion of the Deferred
Compensation Account of a Participant, excluding any In-Service Account or any
Education Account. The Retirement 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 regulations in effect under Section 8.

          2.30 "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
statue 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.

          2.31 "SERVICE BONUS" means any bonus paid to a Participant by the
Employer which is not Performance-Based Compensation.

                                       9

<PAGE>

          2.32 "SPECIFIED EMPLOYEE" means an employee who meets the requirements
of Section 416(i)(1)(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"). 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.

          2.33 "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.

          2.34 "STUDENT" means the individual designated by the Participant in
the Participant Deferral Agreement with respect to whom the Participant will
create an Education Account.

          2.35 "TRUST" means the trust fund established pursuant to Section
10.2, if designated by the Employer in the Adoption Agreement.

          2.36 "TRUSTEE" means the trustee, if any, named in the agreement
establishing the Trust and such successor or additional trustee as may be named
pursuant to the terms of the agreement establishing the Trust.

          2.37 "UNFORESEEABLE EMERGENCY" means a severe financial hardship to
the Participant resulting from a sudden or unexpected illness or accident of the
Participant, the Participant's Spouse or dependent (as defined in Section 152(a)
of the Code), loss of the Participant's property due to casualty, or other
similar extraordinary and unforeseeable circumstances arising as a result of
events beyond the control of the Participant.

                                       10

<PAGE>

          2.38 "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.

          SECTION 3. PARTICIPATION:

          The Committee in its discretion shall designate each Employee or
Independent Contractor who is eligible to participate in the Plan. An Employee
or Independent Contractor designated by the Committee as a Participant who has
not otherwise entered the Plan shall enter the Plan and become a Participant as
of the date determined by the Committee. 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
Participant Deferral Agreement with the Employer, to defer the receipt of
Compensation from the Employer by a dollar amount or percentage specified in the
Participant Deferral Agreement. The amount of 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.

                                       11

<PAGE>

          4.1.2 An election pursuant to this Section 4.1 shall be made by the
     Participant by executing and delivering a Participant Deferral Agreement to
     the Committee. Except as otherwise provided in this Section 4.1, the
     Participant Deferral Agreement shall become effective with respect to such
     Participant as of the first day of January following the date such
     Participant Deferral 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, or until the earlier of the date the
     Participant separates from Service or ceases to be an Active Participant
     under the Plan.

          4.1.3 In the case of the first year in which the Participant becomes
     eligible to participate in the Plan, the Participant may execute and
     deliver a Participant Deferral Agreement to the Committee within 30 days
     after the date the Participant enters the Plan to be effective as of the
     first payroll period next following the date the Participant Deferral
     Agreement is received by the Committee. For Compensation that is earned
     based upon a specified performance period (for example, an annual bonus),
     where a deferral election is made in the first year of eligibility but
     after the beginning of the service period, the election will be deemed to
     apply to Compensation paid for services subsequent to the election if the
     election applies 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 Participant Deferral
     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 Participant Deferral Agreement to the Employer.
     The modification shall become effective as of the first day of January
     following the date such written modification is received by the Committee.
     Notwithstanding the foregoing, at any time during the calendar year 2005, a
     Participant may terminate a Participant Deferral Agreement, or modify a
     Participant Deferral Agreement to reduce the amount of Compensation subject
     to the deferral election, so long as the Compensation subject to the
     terminated or modified Participant Deferral Agreement is includible in the
     income of the Participant in calendar year 2005 or, if later, in the
     taxable year in which the amounts are earned and vested.

          4.1.5 If the Participant performed services continuously from a date
     no later than the date upon which the performance criteria are established
     through a date no earlier than the date upon which the Participant makes an
     initial deferral election, a Participant Deferral 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

                                       12

<PAGE>

     Compensation be made after such Compensation has become both substantially
     certain to be paid and 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 only 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 The requirements of Section 4.1.2 relating to the timing of the
     Participant Deferral 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), (d) the Plan
     is otherwise operated in accordance with the requirements of Section 409A
     of the Code, and (e) the Plan is amended to comply with Section 409A in
     accordance with Q&A 19 of Notice 2005-1.

          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.

          4.3 DEFERRED COMPENSATION ACCOUNT. All Participant Deferral Credits
and Employer Credits shall be credited to the Deferred Compensation Account of
the Participant.

                                       13
<PAGE>

          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 6.
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 is a Specified Employee of a
corporation the stock in which is traded on an established securities market or
otherwise. Any payments to which a 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 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 6.

          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 6. If a Participant dies following his separation from
Service for any reason, and before all payments under the Plan have been made,
the vested balance in the Deferred Compensation Account shall be paid by the
Employer to the Participant's Beneficiary in a single lump sum.

          5.4 IN-SERVICE DISTRIBUTIONS. If the Employer designates in the
Adoption Agreement that in-service distributions are permitted under the Plan, a
Participant may designate in the Participant Deferral Agreement to have a
specified amount credited to the Participant's In-Service Account for in-service
distributions at the later of the date specified by the Participant or as
specified in the Adoption Agreement. In no event may an in-service distribution
be made

                                       14

<PAGE>

prior to two years following the establishment of the In-Service Account of the
Participant. If the Participant elects to receive in-service distributions in
annual installment payments, 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 In-Service
Account on such date by the number of annual installments remaining to be paid
hereunder; provided that the last annual installment due under the Plan shall be
the entire amount credited to the Participant's In-Service Account on the date
of payment. Notwithstanding the foregoing, if a Participant incurs a Qualifying
Distribution Event prior to the date on which the entire balance in the
In-Service Account has been distributed, then the balance in the In-Service
Account on the date of the Qualifying Distribution Event shall be distributed to
the Participant in the same manner and at the same time as the balance in the
Deferred Compensation Account is distributed under Section 6 and in accordance
with the rules and elections in effect under Section 6.

          5.5 EDUCATION DISTRIBUTIONS. If the Employer designates in the
Adoption Agreement that education distributions are permitted under the Plan, a
Participant may designate in the Participant Deferral Agreement to have a
specified amount credited to the Participant's Education Account for education
distributions at the later of the date specified by the Participant or the date
specified in the Adoption Agreement. If the Participant designates more than one
Student, the Education Account will be divided into a separate Education Account
for each Student, and the Participant may designate in the Participant Deferral
Agreement the percentage or dollar amount to be credited to each Education
Account. In the absence of a clear designation, all credits made to the
Education Account shall be equally allocated to each Education Account. The
Employer shall pay to the Participant the balance in the Education Account with
respect to

                                       15

<PAGE>

the Student at the time and in the manner designated by the Participant in the
Participant Deferral Agreement. If the Participant elects to receive education
distributions in annual installment payments, 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 Education Account
pursuant to Section 8 of the Plan. Such adjustment shall be made by dividing the
balance in the Education Account on such date by the number of annual
installments remaining to be paid hereunder; provided that the last annual
installment due under the Plan shall be the entire amount credited to the
Participant's Education Account on the date of payment. Notwithstanding the
foregoing, if the Participant incurs a Qualifying Distribution Event prior to
the date on which the entire balance of the Education Account has been
distributed, then the balance in the Education Account on the date of the
Qualifying Distribution Event shall be distributed to the Participant in the
same manner and at the same time as the Deferred Compensation Account is
distributed under Section 6 and in accordance with the rules and elections in
effect under Section 6.

          5.6 CHANGE IN CONTROL. If the Employer designates in the Adoption
Agreement that distributions are permitted under the Plan in the event of a
Change in Control, the Participant may designate in the Participant Deferral
Agreement to have the vested balance in the Deferred Compensation Account paid
to the Participant upon a Change in Control by the Employer as provided in
Section 6.

          5.7 UNFORESEEABLE EMERGENCY. 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:

          5.7.1 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

                                       16

<PAGE>

     Account (determined as of the date the distribution, if any, is made under
     this Section 5.7) 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).

          5.7.2 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.

          5.7.3 If a distribution under this Section 5.7 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. Any deferral election of the Participant in effect
     at the time of a distribution on account of an Unforeseeable Emergency may
     be cancelled upon the Participant's request, and if so cancelled, any
     subsequent deferral by the Participant shall be made pursuant to a new
     Participant Deferral Agreement which shall become effective as of the first
     day of January following the date such Participant Deferral Agreement is
     received by the Committee. If a Participant's separation from Service
     occurs after a request is approved in accordance with this Section 5.7.3,
     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.

          5.7.4 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. QUALIFYING DISTRIBUTION EVENTS PAYMENT OPTIONS:

          6.1 PAYMENT OPTIONS. The Employer shall designate in the Adoption
Agreement the payment options which may be elected by the Participant. The
Participant shall elect in the Participant Deferral Agreement the method under
which the vested balance in the

                                       17

<PAGE>

Deferred Compensation Account will be distributed from among the designated
payment options. Payment shall be made in the manner elected by the Participant
and shall commence upon the date of the Qualifying Distribution Event. A payment
shall be treated as made upon the date of the Qualifying Distribution Event if
it is made on such date or a later date within the same calendar year or, if
later, by the 15th day of the third calendar month following 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. The
Participant may elect a different method of payment for each Qualifying
Distribution Event as specified in the Adoption Agreement. If the Participant
elects the installment payment option, 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 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. 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
upon the Qualifying Distribution Event. Notwithstanding the provisions of
Sections 6.3 or 6.4 of the Plan, a Participant may elect on or before December
31, 2006, the method 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 2006 and does not cause an amount to paid in 2006 that would not
otherwise be payable in such year.

          6.2 DE MINIMIS AMOUNTS. Notwithstanding any payment election made by
the Participant, the vested balance in the Deferred Compensation Account of the
Participant will

                                       18

<PAGE>

be distributed in a single lump sum payment if the payment accompanies the
termination of the Participant's entire interest in the Plan and the amount of
such payment does not exceed the amount designated by the Employer in the
Adoption Agreement. Such payment shall be made on or before the later of (i)
December 31 of the calendar year in which the Participant separates from Service
from the Employer, or (ii) the date that is 2-1/2 months after the Participant
separates from Service from the Employer.

          6.3 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:

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

          6.3.2 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 first payment for a period of at least five
     years from the date such payment would otherwise have been made.

          6.3.3 If the new election relates to a payment from the In-Service
     Account 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 6.3 and Section 6.4, 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.

          6.4 ACCELERATION PROHIBITED. The acceleration of the time or schedule
of any payment due under the Plan is prohibited except as provided in
regulations and administrative guidance promulgated under Section 409A of the
Code. 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.

                                       19

<PAGE>

          SECTION 7. VESTING:

          A Participant shall be fully vested in the portion of his Deferred
Compensation Account attributable to Participant 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 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 Account and 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 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.

                                       20

<PAGE>

          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 elected in the Adoption Agreement, the
Committee shall consist of at least three individuals who shall be appointed by
the Board to 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. The
Committee shall be responsible for the general administration and interpretation
of the Plan and for carrying out its provisions, except to the extent all or any
of such obligations are specifically imposed on the Board.

          9.2 COMMITTEE OFFICERS; SUBCOMMITTEE. The members of the Committee may
elect Chairman and may elect an acting Chairman. They may also elect a Secretary
and may elect an acting Secretary, either of whom may be but need not be a
member of the Committee. The Committee may appoint from its membership such
subcommittees with such

                                       21

<PAGE>

powers as the Committee shall determine, and may authorize one or more of its
members or any agent to execute or deliver any instruments or to make any
payment on behalf of the Committee.

          9.3 COMMITTEE MEETINGS. The Committee shall hold such meetings upon
such notice, at such places and at such intervals as it may from time to time
determine. Notice of meetings shall not be required if notice is waived in
writing by all the members of the Committee at the time in office, or if all
such members are present at the meeting.

          9.4 TRANSACTION OF BUSINESS. A majority of the members of the
Committee at the time in office shall constitute a quorum for the transaction of
business. All resolutions or other actions taken by the Committee at any meeting
shall be by vote of a majority of those present at any such meeting and entitled
to vote. Resolutions may be adopted or other action taken without a meeting upon
written consent thereto signed by all of the members of the Committee.

          9.5 COMMITTEE RECORDS. The Committee shall maintain full and complete
records of its deliberations and decisions. The minutes of its proceedings shall
be conclusive proof of the facts of the operation of the Plan.

          9.6 ESTABLISHMENT OF RULES. Subject to the limitations of the Plan,
the Committee may from time to time establish rules or by-laws for the
administration of the Plan and the transaction of its business.

          9.7 CONFLICTS OF INTEREST. No individual member of the Committee shall
have any right to vote or decide upon any matter relating solely to himself or
to any of his rights or benefits under the Plan (except that such member may
sign unanimous written consent to resolutions adopted or other action taken
without a meeting), except relating to the terms of his Participant Deferral
Agreement.

                                       22

<PAGE>

          9.8 CORRECTION OF ERRORS. The Committee may correct errors and, so far
as practicable, may adjust any benefit or credit or payment accordingly. The
Committee may in its discretion waive any notice requirements in the Plan;
provided, that a waiver of notice in one or more cases shall not be deemed to
constitute a waiver of notice in any other case. With respect to any power or
authority which the Committee has discretion to exercise under the Plan, such
discretion shall be exercised in a nondiscriminatory manner.

          9.9 AUTHORITY TO INTERPRET PLAN. Subject to the claims procedure set
forth in Section 16 the Plan Administrator and the Committee shall have the duty
and discretionary authority to interpret and construe the provisions of the Plan
and to decide any dispute which may arise regarding the rights of Participants
hereunder, including the discretionary authority to construe the Plan and to
make determinations as to eligibility and benefits under the Plan.
Determinations by the Plan Administrator and the Committee shall apply uniformly
to all persons similarly situated and shall be binding and conclusive upon all
interested persons.

          9.10 THIRD PARTY ADVISORS. The Committee may engage an attorney,
accountant, actuary or any other technical advisor on matters regarding the
operation of the Plan and to perform such other duties as shall be required in
connection therewith, and may employ such clerical and related personnel as the
Committee shall deem requisite or desirable in carrying out the provisions of
the Plan. The Committee shall from time to time, but no less frequently than
annually, review the financial condition of the Plan and determine the financial
and liquidity needs of the Plan. The Committee shall communicate such needs to
the Employer so that its policies may be appropriately coordinated to meet such
needs.

          9.11 COMPENSATION OF MEMBERS. No fee or compensation shall be paid to
any member of the Committee for his Service as such.

                                       23

<PAGE>

          9.12 EXPENSE REIMBURSEMENT. The Committee shall be entitled to
reimbursement by the Employer for its reasonable expenses properly and actually
incurred in the performance of its duties in the administration of the Plan.

          9.13 INDEMNIFICATION. No member of the Committee shall be personally
liable by reason of any contract or other instrument executed by him or on his
behalf as a member of the Committee nor for any mistake of judgment made in good
faith, and the Employer shall indemnify and hold harmless, directly from its own
assets (including the proceeds of any insurance policy the premiums for which
are paid from the Employer's own assets), each member of the Committee and each
other officer, employee, or director of the Employer to whom any duty or power
relating to the administration or interpretation of the Plan may be delegated or
allocated, against any unreimbursed or uninsured cost or expense (including any
sum paid in settlement of a claim with the prior written approval of the Board)
arising out of any act or omission to act in connection with the Plan unless
arising out of such person's own fraud, bad faith, willful misconduct or gross
negligence.

          SECTION 10. CONTRACTUAL LIABILITY; TRUST:

          10.1 CONTRACTUAL LIABILITY. The obligation of the Employer to make
payments hereunder shall constitute a contractual liability of the Employer to
the Participant. Such payments shall be made from the general funds of the
Employer, and the Employer shall not be required to establish or maintain any
special or separate fund, or otherwise to segregate assets to assure that such
payments shall be made, and the Participant shall not have any interest in any
particular assets of the Employer by reason of its obligations hereunder. To the
extent that any person acquires a right to receive payment from the Employer,
such right shall be no greater than the right of an unsecured creditor of the
Employer.

                                       24

<PAGE>

          10.2 TRUST. If so designated in the Adoption Agreement, the Employer
may establish a Trust with the Trustee, pursuant to such terms and conditions as
are set forth in the Trust Agreement. The Trust, if and when established, is
intended to be treated as a grantor trust for purposes of the Code and all
assets of the Trust shall be held in the United States. The establishment of the
Trust is not intended to cause Participants to realize current income on amounts
contributed thereto, and the Trust shall 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;

               (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; and

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

          11.3 PLAN ADMINISTRATOR.

               (i) 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

                                       25

<PAGE>

               (ii) 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 Plan Administrator
shall establish written procedures for determining whether an order directed to
the Plan is a Plan-Approved Domestic Relations Order.

          12.2.1 Review by Plan Administrator: The Plan Administrator shall make
     a determination on each final court order directed to the Plan as to
     whether the order is a Plan-Approved Domestic Relations Order. The Plan
     Administrator may delay the commencement of its consideration of any order
     until the later of the date that is 30 days after the date of the order or
     the date that the Plan Administrator is satisfied that all rehearing and
     appeal rights with respect to the order have expired.

          12.2.2 Payment to Alternate Payee: If the Plan Administrator
     determines that an order is a Plan-approved Domestic Relations Order, the
     Plan Administrator 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.

                                       26

<PAGE>

          12.2.3 Expenses: The Employer and the Plan Administrator shall not be
     obligated to incur any cost to defend against or set aside any judgment,
     decree, or order relating to the division, attachment, garnishment, or
     execution of or levy upon the Participant's account or any distribution,
     including (but not limited to) any domestic relations proceeding.
     Notwithstanding the foregoing, if any such person is joined in any
     proceeding, the party may take such action as it considers necessary or
     appropriate to protect any and all of its legal rights, and the Participant
     (or Beneficiary) shall reimburse all actual fees of lawyers and legal
     assistants and expenses reasonably incurred by such party.

          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 or persons
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
current beneficiary designation form. If there is no contingent beneficiary, the
balance shall be

                                       27

<PAGE>

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 Employer 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 or 14.3, the Employer in its discretion may
terminate the Plan and distribute benefits to Participants subject to the
following requirements:

          14.1.1 All arrangements sponsored by the Employer that would be
     aggregated with the Plan under Section 1.409A-1(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.

          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
     five years following the date of termination of the Plan.

                                       28

<PAGE>

          14.2 TERMINATION UPON CHANGE IN CONTROL. If the Employer terminates
the Plan within thirty days preceding or twelve months following a Change in
Control, 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.

          14.3 TERMINATION ON OR BEFORE DECEMBER 31, 2005. The Employer may
terminate the Plan on or before December 31, 2005, and distribute the vested
balance in the Deferred Compensation Account to each Participant so long as all
amounts deferred under the Plan are included in the income of the Participant in
the taxable year in which the termination occurs.

          14.4 NO FINANCIAL TRIGGERS. The Employer may not terminate the Plan
and make distributions to a Participant due solely to a change in the financial
health of the Employer. This provision shall apply to amounts earned and vested
before, on or after December 31, 2004.

          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 Plan Administrator. In the event
the Plan Administrator shall be the claimant, all actions which are required to
be taken by the Plan Administrator pursuant to this Section 16 shall be taken
instead by another member of the Committee designated by the Committee.

                                       29

<PAGE>

          16.2 NOTIFICATION TO CLAIMANT OF DECISION. Within 90 days after
receipt of a claim by the Plan Administrator (or within 180 days if special
circumstances require an extension of time), the Plan Administrator 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 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 forgoing, if the claim relates to a
Participant who is Disabled, the Plan Administrator 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 shall 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.

                                       30

<PAGE>

          16.4 DECISION ON REVIEW. The decision on review of a claim denied in
whole or in part by the Plan Administrator 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 forgoing, if the claim relates to a
     Participant who is Disabled, 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 cite specific references to the pertinent Plan provisions on which
     the decision is based.

          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 Plan Administrator and 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:

          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) 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.

          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

                                       31

<PAGE>

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
Plan Administrator 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
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, the Committee and the Plan
Administrator 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, the Committee and the Plan Administrator 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.

                                       32

<PAGE>

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.

          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.

                                       33

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