Document:

AMERICAN NATIONAL CAN GROUP, INC.

                              FOUNDER'S EQUITY PLAN

Section 1- The Plan

Purpose. The purpose of the Founder's Equity Plan (the "Plan") is to provide a
means for American National Can Group, Inc. (the "Company") to celebrate its
initial public offering of shares of Company stock (the "IPO") with its
employees throughout the world, to thank them for their past efforts and
support, and their future contributions. Awards made under the Plan provide a
means for all eligible employees worldwide to acquire and maintain ownership in
the Company, strengthening employees interests in the long-term success of the
Company.

Effective Date. The Plan shall be effective in each country in which the Company
conducts business either (a) as of the IPO date or (b) as determined by the
Committee. The Plan was adopted by the Board on July 28, 1999. The Plan shall be
terminated and no further Awards or Stock may be granted under the Plan ten (10)
years following the Grant Date. Subject to the provisions of Section 6, the Plan
shall remain in effect until all Options granted under the Plan have been
exercised or have expired by reason of lapse of time or in accordance with the
provisions of the Plan.

Section 2- Defined Terms

The italicized words as defined in this Section 2 shall be applicable when used
in the Plan unless specifically modified by any paragraph:

"Affiliate" - with respect to any person (including without limitation the
Company), any corporation or other entity that, directly or indirectly, is
controlled by such person, or that is under common control with such person.

"Award" - individually or collectively, any Stock Option or Stock Appreciation
Right granted pursuant to the Plan.

"Board" - the board of directors of the American National Can Group, Inc.

"Cause" - as defined in any effective employment agreement between a Participant
and the Company, or as determined by the Committee, in its sole discretion
exercised in a nondiscriminatory manner, (i) serious misconduct or gross
negligence in the performance of the Participant's employment duties; (ii)
willful disobedience by the Participant of lawful directions received from the
senior management of the Company or the Participant's supervisors or policies
established by the Company; (iii) conviction by the Participant of a felony or
crime involving fraud or grossly negligent misconduct that can reasonably be
expected to have an adverse effect on the business, reputation or financial
situation of the Company.

"Change of Control" - a change in control of the Company, of a nature that would
be required to be reported in response to Item 6(e) of Schedule 14A of
Regulation 14A promulgated under the U.S. Securities Exchange Act of 1934, as
amended (the "Exchange Act"), whether or not it is then subject to such
reporting requirement; provided that, without limitation, a Change of Control
shall be deemed to have occurred if (i) any individual, partnership, firm,
corporation, association, trust, unincorporated organization or other entity, or
any syndicate or group deemed to be a person under Section 14(d)(2) of the
Exchange Act, is or becomes the "beneficial owner" (as defined in Rule 13d-3 of
the General Rules and Regulations under the Exchange Act), directly or
indirectly, of securities of the Company representing 25% or more of the
combined voting power of its then outstanding securities entitled to vote in the
election of directors; (ii) the stockholders of the Company approve a merger,
consolidation or other transaction involving the Company as a result of which
the stockholders of the Company immediately

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before the transaction will not own at least 50% of the surviving or resulting
entity; or (iii) during any period of two consecutive years individuals who at
the beginning of such period constituted the Board and any new directors, whose
election by the Board or nomination for election by the Company's stockholders
was approved by a vote of at least three-quarters (3/4) of the directors then
still in office who either were directors at the beginning of the period or
whose election or nomination for election was previously so approved, cease for
any reason to constitute at least two-thirds thereof.

"Committee"  - the Compensation Committee of the Board.

"Company"  - American National Can Group, Inc., its Subsidiaries and Affiliates.

"Covered Shares" - Shares eligible to be purchased through the exercise of a
Stock Option granted under the Plan or the Shares eligible to be considered when
calculating the cash payment arising from a Stock Appreciation Right.

"Disability" - the Participant's inability to perform the major duties of his or
her position with the Company, as a result of illness or injury, for a period of
time exceeding 26 weeks. For purposes of the Plan, Disability will be treated as
a termination.

"Exercise Price" - the purchase price of one Share upon the exercise of a Stock
Option, as established on the Grant Date, or in the case of a Stock Appreciation
Right, that price, above which, any excess in the Share price will determine the
amount of the cash payable to the Participant.

"Expiration Date" - the date upon which the Award is no longer exercisable and
all rights to the Covered Shares are canceled. The Award shall not be
exercisable after the Company's close of business on the last business day that
occurs prior to the Expiration Date.

"Grant Date" - the date on which the Award is made to the Participant. Grant
Dates will be determined solely by the Committee and may vary based on
individual country requirements.

"Participant" - may include any current, full or part-time permanent employee of
companies or Subsidiaries that are majority owned by the Company on the Grant
Date, as determined by the Committee. The Committee, in its sole discretion,
shall determine who will participate in the Plan.

"Retirement" - termination from the Company at a time when the Participant is
immediately eligible to begin receiving pension benefits under the retirement
plans of the Company, whether or not he or she so elects to begin receiving
benefits.

"Share" - a share of the common stock of American National Can Group, Inc., par
value $0.01.

"Stock Appreciation Right" - upon exercise, the right of the Participant to
receive the cash value, in U.S. dollars, of the appreciation in the Share price
over the Exercise Price, during a stated period.

"Stock Option" - the right to purchase a specified number of Shares at a fixed
price during a stated period.

"Subsidiary" of a person (including without limitation the Company) - a
corporation with respect to which such person, directly or indirectly, has the
power, whether through the ownership of voting securities, by contract or
otherwise, to elect at least a majority of the members of such corporation's
board of directors.

"Termination Date" - the last day occurring on or after the Grant Date on which
the Participant is employed by the Company, regardless of the reason for the
termination of employment, provided that a

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termination of employment shall not be deemed to have occurred by reason of a
transfer of the Participant between Subsidiaries of the Company; and further
provided that the Participant's employment shall not be considered terminated
while the Participant is on a leave of absence from the Company approved by the
Participant's employer. If, as a result of a sale or other transaction, the
Participant's employer ceases to be a Subsidiary, and the Participant's employer
is or becomes an entity that is separate from the Company, the occurrence of
such transaction shall be treated as the Participant's Termination Date caused
by the Participant being discharged by the employer.

"Vesting Date" - the date, in accordance with the Plan, on which the Participant
can exercise their rights to the Covered Shares, or a portion thereof, by
exercising his or her Award.

Section 3 - Administration

Administration. The Plan shall be administered by the Committee. Subject to the
express provisions of the Plan, the Committee is authorized in its sole
discretion, to construe and interpret the Plan and the respective agreements
executed thereunder, to prescribe such rules and regulations relating to the
Plan as it may deem advisable to carry out the Plan, and to determine the terms,
restrictions and provisions of each Award. The Committee may correct any defect
or supply any omission or reconcile any inconsistency in any agreement relating
to an Award in the manner and to the extent it shall deem expedient to carry it
into effect. Any interpretation of the Plan by the Committee and any decision
made by it with respect to the Plan is final and binding on all persons.

Award Agreement. Awards under the Plan shall be subject to such terms and
conditions, not inconsistent with the Plan, as the Committee shall, in its sole
discretion, prescribe. The terms and conditions of any Award to any Participant
shall be reflected in a written document, the form of which will be determined
by the Committee. A copy of such document will be provided to the Participant,
and the Committee may, but need not require that the Participant sign a copy of
the document. Such document is referred to in the Plan as an "Award Agreement"
regardless of whether any Participant signature is required.

Award Prices. For the Plan purposes, all Awards shall have an Exercise Price
which shall reflect at least the average of the high and low price of a Share,
par value $0.01 per share, on the applicable date as determined by the
Committee, or if Shares are not traded on such date, the average price on the
next preceding day on which such stock is traded. The applicable date shall be
the date on which the Award is granted, except that the Committee may provide
that the applicable date may be, in the case of an Award granted retroactively,
in tandem with, or as a substitution for, another previously granted award, the
applicable date for such prior award. Except as provided for in Section 4,
Subsection - Corporate Transactions, the per Share Exercise Price of any Award
may not be decreased after the grant of the Award, and an Award may not be
surrendered as consideration in exchange for the grant of a new Award with a
lower per Share Exercise Price.

Section 4 - Shares Subject to the Plan

Maximum Shares Available for Delivery. The maximum number of Shares that may be
delivered to all Participants under the Plan shall be equal to the sum of
500,000. Any Shares covered by an Award (or portion of an Award) granted under
the Plan, which is forfeited or canceled, expires or is settled in cash, shall
be deemed not to have been delivered for purposes of determining the maximum
number of Shares available for delivery under the Plan. Likewise, if any Stock
Option is exercised by tendering Shares, either actually or by attestation, to
the Company as full or partial payment in connection with the exercise of a
Stock Option under this Plan or any prior plan of the Company, only the number
of Shares issued net of the Shares tendered or withheld to settle tax liability
shall be deemed delivered for purposes of determining the maximum number of
Shares available for delivery under the Plan. Further, Shares issued

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under the Plan through the settlement, assumption or substitution of outstanding
Awards shall not reduce the maximum number of Shares available for delivery
under the Plan.

Adjustments for Corporate Transactions. The Committee may determine that a
corporate transaction has affected the price per Share such that an adjustment
or adjustments to outstanding Awards are required to preserve (or prevent
enlargement of) the benefits or potential benefits intended at time of the
Award. For this purpose a corporate transaction will include, but is not limited
to, any stock dividend, stock split, extraordinary cash dividend,
recapitalization, reorganization, merger, consolidation, split-up, spin-off,
combination or exchange of shares, or other similar occurrence. In the event of
such a corporate transaction, the Committee may, in such manner as the Committee
deems equitable, adjust (i) the number and kind of shares which may be delivered
under the Plan pursuant to Sections 4; (ii) the number and kind of shares
subject to outstanding Awards; (iii) the Exercise Price of outstanding Awards;
(iv) any other adjustments the Committee determines to be equitable.

Section 5 - Awards

All Participants as of the Grant Date will receive a Stock Option to purchase
100 Shares as described below. In countries where it is not practical to issue
Stock Options, as determined solely by the Committee, the Company will instead
issue Stock Appreciation Rights.

Stock Option. A stock option represents a right to purchase a specified number
of Shares during a specified period at a price per Share which is no less than
that required by Section 3. The Shares covered by a Stock Option may be
purchased by means of a cash payment or such other means as the Committee may
from time-to-time permit, including (i) tendering (either actually or by
attestation) Shares valued using the market price at the time of exercise, (ii)
authorizing a third party to sell Shares (or a sufficient portion thereof)
acquired upon exercise of a Stock Option and to remit to the Company a
sufficient portion of the sale proceeds to pay for all the Shares acquired
through such exercise and any tax withholding obligations resulting from such
exercise; or (iv) any combination of the above.

Stock Appreciation Right. A stock appreciation right is a right to receive a
payment in cash, Shares or a combination, equal to the excess of the aggregate
market price at time of exercise over the aggregate Exercise Price of the
Covered Shares subject to the exercise of the Stock Appreciation Right.

Section 6 - Shares Awarded, Vesting, Termination and Expiration of Awards

Shares. The Shares to be issued upon exercise of this Stock Option will be
treasury or unissued common stock of American National Can Group, Inc., in the
sole discretion of the Company.

Vesting of Awards. Subject to the limitations of this Plan, the Awards shall be
exercisable according to the following schedule. Each installment shown in the
schedule may be exercised on or after the Vesting Date applicable to such
installment; provided, however, that in the event of a Change of Control of the
Company the Award shall immediately vest and become exercisable during the
remaining term of the Award as provided herein:

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--------------------------------------- ----------------------------------------
             INSTALLMENT                             VESTING DATE
--------------------------------------- ----------------------------------------
        30% of Covered Shares                       July 28, 2001
--------------------------------------- ----------------------------------------
        30% of Covered Shares                       July 28, 2002
--------------------------------------- ----------------------------------------
        40% of Covered Shares                       July 28, 2003
--------------------------------------- ----------------------------------------

Following the Vesting Date, the Participant may exercise his or her rights to
purchase, or receive the appreciation arising from, all or any part in whole
numbers, of the Covered Shares to which he or she is entitled at any time or
from time to time during the applicable period.

Expiration of the Award. Except as provided in the section titled Termination
Provisions, the Award shall be canceled and all rights forfeited upon the
ten-year anniversary of the Grant Date.

Section 7 - Exercise Procedures

To exercise an Award, the Participant must give written notice to the Company or
its administrator of the number of Covered Shares to be purchased or exercised.
The date of the actual receipt by the Company or administrator of such notice
shall be deemed the exercise date with respect to Covered Shares being purchased
or valued. Stock certificates may be registered only in the name of the
Participant or in the Participant's name and the names of others as joint
tenants, where permitted by local law.

Payment for Shares with Cash. A notice shall be sent by the Participant if he or
she elects to purchase his or her Shares, subject to a Stock Option, for cash.
Such notice shall be accompanied by a check payable to the Company for the full
purchase price of such Shares.

Payment for Shares through a Cashless Exercise. The Participant may exercise a
Stock Option under a cashless exercise procedure, whereby the Covered Shares are
sold on behalf of and at the request of the Participant by a designated broker
and the Exercise Price are satisfied out of the sale proceeds and delivered to
the Company. The Participant will be required to notify the Company or its
administrator in the event of a cashless exercise.

If in any given country it is not permissable or practical to use the exercise
methods described above the Committee, in its sole discretion, can require
Participants in those countries to use an exercise method determined by it to be
appropriate and may require that the Participant receive payment only in cash
and not Shares.

The Award shall not be exercisable if, and to the extent the Company determines,
that such an exercise would violate applicable state, Federal or international
securities laws or the rules and regulations of any securities exchange on which
the Stock is traded. In making any determination hereunder, the Company may rely
on the opinion of counsel for the Company.

Section 8 - Tax Withholding

All deliveries and distributions under this Plan are subject to withholding of
all applicable taxes. Pursuant to the plan, the Company may deduct, from any
payment or distribution of Shares under the Plan, the amount of any tax required
by law to be withheld with respect to such payment, or may require the
Participant to pay such amount to the Company prior to, and as a condition of,
making such payment or

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distribution. Subject to rules and limitations established by the Committee, a
Participant may elect to satisfy the withholding required, in whole or in part,
either by having the Company withhold Shares from any payment under the plan or
by the Participant delivering Shares to the Company. Any election must be made
in writing on or before the date when the amount of taxes to be withheld is
determined. The portion of the withholding that is so satisfied will be
determined using the fair market value of the Share on the date when the amount
of taxes to be withheld is determined.

Section 9 - Non-Transferability

Except as otherwise provided in this paragraph, the Award is not transferable
other than as designated by the Participant by will or by the laws of descent
and distribution, and during the Participant's life, may be exercised only by
the Participant.

Section 10 - Termination Provisions and Acceleration of Vesting

Expiration Date Upon Termination. The Expiration Date will be the ten-year
anniversary of the Grant Date, provided however, that if the Participant
terminates for the reasons indicated below, prior to the ten-year anniversary of
the Grant Date, the Expiration Date shall be:

     (a)  For voluntary resignation or termination for Cause, the Termination
          Date; or

     (b)  For death, the one-year anniversary of the Participant's death; or

     (c)  For Disability, the one-year anniversary of the Participant's date of
          Disability; or

     (d)  For Retirement, the five-year anniversary of the Participant's
          Termination Date; or

     (e)  For any other reason - the 90-day anniversary of the Participant's
          Termination Date.

Exercise Following Termination Date. Except in the case of Retirement, an
installment shall not become exercisable on the otherwise applicable Vesting
Date if the Participant's Termination Date or date of Disability occurs on or
before such Vesting Date. Only that portion of the Award, which was exercisable
immediately prior to, or which became exercisable on the Termination Date or
date of Disability, in accordance with this section, may be exercised until the
applicable Expiration Date. Any portion of the Award that is not vested and
exercisable on the Termination Date or date of Disability will be canceled.

In the case of Retirement, the installments shall become exercisable on the
applicable Vesting Date.

Acceleration of Vesting. Notwithstanding the foregoing provisions of this
paragraph, the Award shall become exercisable with respect to all of the Covered
Shares (to the extent it is not then otherwise exercisable) in the following
events:

     (a)  Death - if the Participant's termination of employment occurs by
          reason of the Participant's death, at such time that any portion of
          the Award has not become vested, the Award shall immediately vest and
          become fully exercisable upon the Participant's Termination Date and
          the Participant's beneficiary, or if a beneficiary has not been named,
          the Participant's estate shall have the right to purchase under the
          Stock Option or in the case of a Stock Appreciation Right, receive the
          appreciation associated with, the Covered Shares, at any time within
          12 months following the date of death, but in no event later than the
          10-year anniversary from the Grant Date;

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     (b)  Change of Control - the Award shall immediately vest and become fully
          exercisable upon a Change of Control, provided that if the
          Participant's Termination Date does not occur before the Change of
          Control and the Participant shall have the right to exercise under the
          Award, the Covered Shares, at any time until the Expiration Date of
          the Award.

Section 11 - Rights of Holders in Stock

The Participant shall not have any rights of a shareholder with respect to the
Covered Shares, until a stock certificate has been duly issued following the
exercise of the Stock Option or Stock Appreciation Right as provided herein.
Participants receiving Stock Appreciation Rights shall not have any rights of a
shareholder with respect to the Covered Shares at any time unless the
Participant receives Shares upon settlement of the Stock Appreciation Rights.

Section 12 - Plan Amendment and Termination

Amendments. The Board may amend this Plan as it deems necessary and appropriate
to better achieve the Plan's purpose provided, however, that (i) the Share
limitations set forth in Section 4 cannot be increased and (ii) the minimum
Exercise Price set forth in Section 3 cannot be changed, unless such a plan
amendment is properly approved by the Company's shareowners.

Plan Suspensions and Terminations. The Board may suspend or terminate this Plan
at any time. Any such suspension or termination shall not of itself impair any
outstanding Award under the Plan or the applicable Participant's rights
regarding such Award.

Section 13 - Heirs and Successors

The Plan shall be binding upon, and inure to the benefit of, the Company and its
successors and assigns, and upon any person acquiring, whether by merger,
consolidation, purchase of assets or otherwise, all or substantially all of the
Company's assets and business.

Section 14 - Miscellaneous

Not an Employment Contract. The Plan does not constitute a contract of
employment, and selection as a Participant will not give any participating
employee the right to be retained in the employ of the Company or any
Subsidiary, nor any right or claim to any benefit under the Plan, unless such
right or claim has specifically accrued under the terms of the Plan. The Plan
will not interfere in any way with any right the Company or any of its
Subsidiaries or Affiliates would otherwise have to terminate or modify the terms
of a Participant's employment or other service at any time. This Award is not
includable for severance or pension purposes and is not a guarantee of future
awards. Neither a Participant nor any other person shall, by reason of
participation in the Plan, acquire any right in or title to any assets, funds or
property of the Company or any Subsidiary whatsoever, including, without
limitation, any specific funds, assets, or other property which the Company or
any Subsidiary, in their sole discretion, may set aside in anticipation of a
liability under the Plan. A Participant shall have only a contractual right to
the Covered Shares or amounts, if any, payable under the Plan, unsecured by any
assets of the Company or any Subsidiary, and nothing contained in the Plan shall
constitute a guarantee that the assets of the Company or any Subsidiary shall be
sufficient to pay any benefits to any person.

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Other Benefit and Compensation Programs. Unless otherwise specifically
determined by the Committee, settlements of Awards received by Participants
under the Plan shall not be deemed a part of a Participant's regular, recurring
compensation for purposes of calculating payments or benefits from any Company
benefit plan or severance program. Further, the Company may adopt other
compensation programs, plans or arrangements as it deems appropriate.

Evidence. Evidence required of anyone under the Plan may be by certificate,
affidavit, document or other information, which the person acting on it
considers pertinent and reliable, and signed, made or presented by the proper
party or parties.

Notices. Any notices provided for in this Plan shall be in writing and shall be
deemed sufficiently given if either hand delivered or if sent by fax or
overnight courier, or by postage paid first class mail. Notices sent by mail
shall be deemed received on the date of actual receipt. Notices shall be
directed, if to the Participant, at the Participant's address indicated by the
Company's records or at the address of the Company location at which the
Participant is employed, or if to the Company, at the Company's worldwide
headquarters.

No Fractional Shares. No fractional Shares shall be issued or delivered pursuant
to the Plan or any Award, and the Committee shall determine whether cash shall
be paid or transferred in lieu of any fractional Shares, or whether such
fractional Shares or any rights thereto shall be canceled.

Binding Arbitration. Any dispute or disagreement regarding participation and/or
a Participant's rights under the Plan shall be first referred to a mandatory
mediation dispute process using a mediator selected by the Company in its sole
discretion. Disputes that cannot be settled through mediation shall be settled
through final and binding arbitration in accordance with the applicable rules of
the American Arbitration Association. The Participant may select the arbitrator
from an approved listing supplied by the Company.

Applicable Law. The provisions of this Plan shall be construed in accordance
with the laws of the State of Illinois, U.S.A., without regard to the conflict
of law provisions of any state or country.

                                                                           8American National Can Group, Inc.

                       1999 Long-Term Stock Incentive Plan

1.       The Plan

a)   Purpose. The purpose of the Long-Term Stock Incentive Plan (the "Plan") is
     to promote the longer-term financial success of American National Can
     Group, Inc. (the "Company") by providing a means to attract, retain and
     reward individuals who contribute to long-term success or who are selected
     as having the future potential to contribute to long-term success. By using
     stock-based compensation, the recipients of awards under the Plan will
     further identify their interests with those of the Company's shareowners.

b)   Effective Date. To serve this purpose, the Plan will become effective upon
     its adoption by the Board and approval by the shareholders of the Company,
     provided, however, that in no event shall the Plan become effective until
     immediately prior to the occurrence of the initial public offering of the
     Company's Common Stock.

2.       Administration

a)   Committee. The Plan shall be administered by the Compensation Committee of
     the Board of Directors of the Company. All grants under the Plan shall be
     made by a Grant Committee consisting of those members of the Compensation
     Committee who are both "outside directors" as defined for purposes of
     Section 162(m) of the Internal Revenue Code and regulations thereunder and
     "non employee directors" as defined for purposes of Section 16 of the
     Securities Exchange Act of 1934.

b)   Powers and Authority. The Committee's powers and authority include, but are
     not limited to, selecting individuals to participate in the Plan from among
     the Eligible Employees (defined below); determining the types and terms and
     conditions of all awards granted, including performance and other earnout
     and/or vesting contingencies; permitting transferability of awards to third
     parties; interpreting the Plan's provisions; and administering the Plan in
     a manner that is consistent with its purpose. The Committee has authority
     to modify the Plan where appropriate to meet international legal,
     securities and/or labor regulations.

c)   Eligible Employees. Includes any employee of the Company and any subsidiary
     of the Company or other entity in which the Company has a significant
     equity or other interest as determined by the Committee. An award may be
     granted to an employee, in connection with hiring, retention or otherwise,
     prior to the date the employee first performs services for the Company or
     its subsidiaries, provided that such awards shall not become vested prior
     to the date the employee first performs such services.

d)   Award Agreement. An award under the Plan shall be subject to such terms and
     conditions, not inconsistent with the Plan, as the Committee shall, in its
     sole discretion, prescribe. The terms and conditions of any award to any
     participant shall be reflected in a written document, the form of which
     will be determined by the Committee. A copy of such document will be
     provided to the participant, and the Committee may, but need not require
     that the participant sign a copy of the document. Such document is referred
     to in the Plan as an "Award Agreement" regardless of whether any
     participant signature is required.

e)   Award Prices. For Plan purposes, all stock options and stock appreciation
     rights shall have an exercise price which shall reflect at least the
     average traded price (which for purposes of this Plan shall be defined to
     mean the average of the high and low trading prices on the applicable date)
     of a share of the common stock of the Company, par value $0.01 per share
     ("Share") on the applicable date as determined by the Committee, or if
     Shares are not traded

<PAGE>

     on such date, the average price on the next preceding day on which such
     stock is traded. The applicable date shall be the date on which the award
     is granted, except that the Committee may provide that the applicable date
     may be: (i) the day on which an award recipient was hired, promoted or such
     similar singular event occurred, provided that the grant of such award
     occurs within 90 days following such applicable date; or (ii) in the case
     of a stock option or stock appreciation right granted retroactively in
     tandem with, or as a substitution for, another previously granted stock
     option or stock appreciation right, the applicable date for such prior
     award. Except as provided for in Section 3(d), the per Share exercise price
     of any stock option or stock appreciation right may not be decreased after
     the grant of the award, and a stock option or stock appreciation right may
     not be surrendered as consideration in exchange for the grant of a new
     award with a lower per Share exercise price.

3.       Shares Subject to the Plan

a)   Maximum Shares Available for Delivery. Subject to Section 3(c), the maximum
     number of Shares that may be delivered to participants and their
     beneficiaries under the Plan shall be equal to the sum of (i) 7,000,000 and
     (ii) up to 7,000,000 additional Shares, if authorized by the Company's
     Board of Directors, which are reacquired in the open market or in a private
     transaction after the effective date of this Plan using proceeds from stock
     option exercises. In addition, any Shares granted under the Plan which are
     forfeited back to the Company because of the failure to meet an award
     contingency or condition shall again be available for delivery pursuant to
     new awards granted under the Plan. Any Shares covered by an award (or
     portion of an award) granted under the Plan, which is forfeited or
     canceled, expires or is settled in cash, shall be deemed not to have been
     delivered for purposes of determining the maximum number of Shares
     available for delivery under the Plan. Likewise, if any stock option is
     exercised by tendering Shares, either actually or by attestation, to the
     Company as full or partial payment in connection with the exercise of a
     stock option under this Plan or any prior plan of the Company, only the
     number of Shares issued net of the Shares tendered or withheld to settle
     tax liability shall be deemed delivered for purposes of determining the
     maximum number of Shares available for delivery under the Plan. Further,
     Shares issued under the Plan through the settlement, assumption or
     substitution of outstanding awards or obligations to grant future awards as
     a condition of the Company acquiring another entity shall not reduce the
     maximum number of Shares available for delivery under the Plan.

b)   Other Plan Limits. Subject to Section 3(c), the following additional
     maximums are imposed under the Plan. The maximum number of Shares that may
     be covered by stock options intended to comply with Section 422 of the
     Internal Revenue Code ("incentive stock options") shall be 1,000,000. The
     maximum number of Shares that may be issued in conjunction with awards
     granted pursuant to Section 4(d) shall be 800,000 plus up to an additional
     800,000 to the extent that such Shares are reacquired by the Company
     pursuant to Section 3(a). The maximum number of shares that may be covered
     by awards granted to any one individual pursuant to Sections 4(b) and 4(c)
     shall be 800,000 during any consecutive three calendar years. The maximum
     payment that can be made for awards granted to any one individual pursuant
     to Sections 4(d) or 4(e) shall be $2,000,000 for any single or combined
     performance goals established for a specified performance period. If a
     payment under Sections 4(d) or 4(e) is made in Shares, the value of such
     Shares for determining this maximum individual payment amount will be the
     closing price of a Share on the first day of the applicable performance
     period. A specified performance period for purposes of this performance
     goal payment limit shall not exceed a sixty (60) consecutive month period.

<PAGE>

c)   Payment Shares. Subject to the overall limitation on the number of Shares
     that may be delivered under the Plan, the Committee may use available
     Shares as the form of payment for compensation, grants or rights earned or
     due under any other compensation plans or arrangements of the Company,
     including the plan of any entity acquired by the Company.

d)   Adjustments for Corporate Transactions. The Committee may determine that a
     corporate transaction has affected the price per Share such that an
     adjustment or adjustments to outstanding awards are required to preserve
     (or prevent enlargement of) the benefits or potential benefits intended at
     time of grant. For this purpose a corporate transaction will include, but
     is not limited to, any stock dividend, stock split, extraordinary cash
     dividend, recapitalization, reorganization, merger, consolidation,
     split-up, spin-off, combination or exchange of shares, or other similar
     occurrence. In the event of such a corporate transaction, the Committee
     may, in such manner as the Committee deems equitable, adjust (i) the number
     and kind of shares which may be delivered under the Plan pursuant to
     Sections 3(a) and 3(b); (ii) the number and kind of shares subject to
     outstanding awards; (iii) the exercise price of outstanding stock options
     and stock appreciation rights; (iv) any other adjustments the Committee
     determines to be equitable.

4.       Types of Awards

a)   General. An award may be granted singularly, in combination with another
     award(s) or in tandem whereby exercise or vesting of one award held by a
     participant cancels another award held by the participant. Subject to
     Section 2(e), an award may be granted as an alternative to or replacement
     of an existing award under the Plan or under any other compensation plans
     or arrangements of the Company, including the plan of any entity acquired
     by the Company. The types of awards that may be granted under the Plan
     include:

b)   Stock Option. A stock option represents a right to purchase a specified
     number of Shares during a specified period at a price per Share which is no
     less than that required by Section 2(e). A stock option may be in the form
     of an incentive stock option or in a form, which does not qualify for
     favorable federal tax treatment. The Shares covered by a stock option may
     be purchased by means of a cash payment or such other means as the
     Committee may from time-to-time permit, including (i) tendering (either
     actually or by attestation) Shares valued using the market price at the
     time of exercise, (ii) authorizing a third party to sell Shares (or a
     sufficient portion thereof) acquired upon exercise of a stock option and to
     remit to the Company a sufficient portion of the sale proceeds to pay for
     all the Shares acquired through such exercise and any tax withholding
     obligations resulting from such exercise; (iii) crediting towards the
     purchase price amounts from individuals' deferred compensation account
     balances, including accrued dividend equivalent balances; or (iv) any
     combination of the above.

c)   Stock Appreciation Right. A stock appreciation right is a right to receive
     a payment in cash. Shares or a combination, equal to the excess of the
     aggregate market price at time of exercise of a specified number of Shares
     over the aggregate exercise price of the stock appreciation rights being
     exercised.

d)   Stock Award. A stock award is a grant of Shares or of a right to receive
     Shares (or their cash equivalent or a combination of both) in the future.
     Each stock award shall be subject to such conditions, restrictions and
     contingencies as the Committee shall determine. These may include
     continuous service and/or the achievement of performance goals. The
     performance goals that may be used by the Committee for such awards shall
     consist of cash generation targets, profit, revenue and market share
     targets, profitability targets as measured by return

<PAGE>

     ratios, and shareholder returns. The Committee may designate a single goal
     criterion or multiple goal criteria for performance measurement purposes
     with the measurement based on absolute Company or business unit performance
     and/or on performance as compared with that of other publicly-traded
     companies.

e)   Cash Award. A cash award is a right denominated in cash or cash units to
     receive a payment which may be in the form of cash, Shares or a
     combination, based on the attainment of pre-established performance goals
     and such other conditions, restriction and contingencies as the Committee
     shall determine. The performance goals that may be used by the Committee
     for such awards shall consist of cash generation targets, profits, revenue
     and market share targets, profitability targets as measured by return
     ratios and shareholder returns. The Committee may designate a single goals
     criterion or multiple goals criteria for performance measurement purposes
     with the measurement based on absolute Company or business unit performance
     and/or on performance as compared with that of other publicly-traded
     companies.

5.       Award Settlements and Payments

a)   Dividends and Dividend Equivalents. An award may contain the right to
     receive dividends or dividend equivalent payments, which may be paid either
     currently or credited to a participant's account. Any such crediting of
     dividends or dividend equivalents or reinvestment in Shares may be subject
     to such conditions, restrictions and contingencies as the Committee shall
     establish, including the reinvestment of such credited amounts in Share
     equivalents.

b)   Payments. Awards may be settled through cash payments, the delivery of
     Shares, the granting of awards or combination thereof as the Committee
     shall determine. Any award settlement, including payment deferrals, may be
     subject to such conditions, restrictions and contingencies as the Committee
     shall determine. The Committee may permit or require the deferral of any
     award payment. Subject to such rules and procedures as it may establish,
     which may include provisions for the payment or crediting of interest, or
     dividend equivalents, including converting such credits into deferred Share
     equivalents.

6.       Plan Amendment and Termination.

a)   Amendments. The Company's Board of Directors may amend this Plan as it
     deems necessary and appropriate to better achieve the Plan's purpose
     provided, however, that (i) the Share limitations set forth in Sections
     3(a) and 3(b) cannot be increased and (ii) the minimum stock option and
     stock appreciation right exercise prices set forth in Section 2(e) cannot
     be changed, unless such a plan amendment is properly approved by the
     Company's shareowners.

b)   Plan Suspensions and Terminations. The Board of Directors of the Company
     may suspend or terminate this Plan at any time. Any such suspension or
     termination shall not of itself impair any outstanding award grant under
     the Plan or the applicable participant's rights regarding such award.

7.       Miscellaneous

a)   No Individual Rights. No person shall have any claim or right to be granted
     an award under the Plan. Neither the Plan nor any action taken hereunder
     shall be construed as giving any employee or other person any right to
     continue to be employed by or to perform services for the Company, any
     subsidiary or related entity. The right to terminate the employment of or

<PAGE>

     performance of services by any Plan participant at any time and for any
     reason is specifically reserved to the employing entity.

b)   Binding Arbitration. Any dispute or disagreement regarding participation
     and/or an award recipient's rights under the Plan shall be settled solely
     by binding arbitration in accordance with the applicable rules of the
     American Arbitration Association.

c)   Unfunded Plan. The Plan shall be unfunded and shall not create (or be
     construed to create) a trust or a separate fund or funds. The Plan shall
     not establish any fiduciary relationship between the Company and any
     participant or beneficiary of a participant. To the extent any person holds
     any obligation of the Company by virtue of an award granted under the Plan,
     such obligation shall merely constitute a general unsecured liability of
     the Company and accordingly shall not confer upon such person any right,
     title or interest in any assets of the Company.

d)   Other Benefit and Compensation Programs. Unless otherwise specifically
     determined by the Committee, settlements of awards received by participants
     under the Plan shall not be deemed a part of a participant's regular,
     recurring compensation for purposes of calculating payments or benefits
     from any Company benefit plan or severance program. Further, the Company
     may adopt other compensation programs, plans or arrangements as it deems
     appropriate.

e)   No Fractional Shares. No fractional Shares shall be issued or delivered
     pursuant to the Plan or any award, and the Committee shall determine
     whether cash shall be paid or transferred in lieu of any fractional Shares,
     or whether such fractional Shares or any rights thereto shall be canceled.

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