Document:

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                                                                   EXHIBIT 10.27

                         YELLOW CORPORATION PENSION PLAN

                     AS AMENDED AND RESTATED JANUARY 1, 2004

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                                TABLE OF CONTENTS

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ARTICLE I Purpose 1

ARTICLE II Definitions and Construction................................................       2
         2.1.     Definitions..........................................................       2
         2.2.     Construction.........................................................       7

ARTICLE III Participation and Service..................................................       8
         3.1.     Participation........................................................       8
         3.2.     Vesting Service......................................................       9
         3.3.     Credited Service.....................................................       9
         3.4.     Break in Service.....................................................      10
         3.5.     Military Service.....................................................      10
         3.6.     Transfer of Employment Between United States and Canada..............      11

ARTICLE IV Requirements for Retirement Pension.........................................      12
         4.1.     Normal Retirement Pension............................................      12
         4.2.     Vested Pension.......................................................      12
         4.3.     Minimum Benefit Pension:.............................................      13
         4.4.     Maximum Pension Benefit..............................................      14
         4.5.     Increase in Benefits:................................................      15
         4.6.     Special Rule Deletion of Maximum Age Limitation for Participation....      16
         4.7.     Transitional Rules pursuant to Notice 88-131.........................      16
         4.8.     Early Retirement Window..............................................      16

ARTICLE V Manner of Payment and Optional Pensions......................................      17
         5.1.     Qualified Joint and Survivor Annuity.................................      17
         5.2.     Qualified Pre-retirement Survivor Annuity:...........................      18
         5.3.     Optional Pension Payments............................................      18
         5.4.     Level Benefit........................................................      19
         5.5.     Commutation..........................................................      19
         5.6.     Limitations on Distributions.........................................      19
         5.7.     Direct Rollovers to Eligible Retirement Plans........................      20
         5.8.     No Duplication of Benefits:..........................................      21

ARTICLE VI Plan Financing..............................................................      22
         6.1.     Contributions........................................................      22
         6.2.     Trust Fund...........................................................      22
         6.3.     Contribution by Mistake of Fact......................................      22
         6.4.     Contributions Conditioned on Deductibility...........................      22

ARTICLE VII Administration.............................................................      23
         7.1.     Named Fiduciaries....................................................      23
         7.2.     Responsibilities and Powers of Administrative Committee:.............      23
         7.3.     Individual and Shared Responsibilities of Named Fiduciaries..........      24
         7.4.     Employment of Advisers...............................................      24
         7.5.     Fiduciary in More Than One Capacity..................................      24
         7.6.     Power to Construe and Interpret Plan.................................      24
         7.7.     Indemnity Agreement..................................................      24
         7.8.     Costs................................................................      24
         7.9.     Application and Forms for Pension....................................      24
         7.10.    Claims Procedure.....................................................      25
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ARTICLE VIII Successor Employer and Merger or Consolidation of Plans...................      27
         8.1.     Successor Employer...................................................      27
         8.2.     Plan Assets..........................................................      27

ARTICLE IX Restrictions on Benefits Payable to Highly Compensated Employees............      28

ARTICLE X Plan Termination.............................................................      29
         10.1.    Right to Terminate...................................................      29
         10.2.    Partial Termination:.................................................      29
         10.3.    Liquidation of Trust Fund............................................      29
         10.4.    Manner of Distribution...............................................      30
         10.5.    Residual Amounts.....................................................      31

ARTICLE XI Amendments..................................................................      32
         11.1.    No Consent Required to Modify........................................      32
         11.2.    No Amendment to Lessen Vested Interest...............................      32
         11.3.    Amendments to be in Writing..........................................      32
         11.4.    When Consent of Trustee is Required..................................      32
         11.5.    Effective Date.......................................................      32

ARTICLE XII Miscellaneous..............................................................      33
         12.1.    No Right to Employment...............................................      33
         12.2.    Fund Sole Source of Pensions.........................................      33
         12.3.    Notice to be in Writing..............................................      33
         12.4.    Employees may Inspect Plan Documents.................................      33
         12.5.    Reliance on Information Furnished by Employee........................      33
         12.6.    Spendthrift Clause...................................................      33
         12.7.    Law to Govern........................................................      33
         12.8.    Complete Agreement Clause............................................      33
         12.9.    Copies of This Plan as Originals.....................................      34
         12.10.   Effect of Delay in Payment of Benefit................................      34
         12.11.   Qualified Domestic Relations Orders..................................      34

ARTICLE XIII Admission to the Plan of Affiliated Companies.............................      35
         13.1.    Method of Adoption...................................................      35
         13.2.    Definition of "Employer".............................................      35

ARTICLE XIV Multiple Trustees..........................................................      36
         14.1.    Multiple Trustees....................................................      36
         14.2.    Single Fund..........................................................      36
         14.3.    Transfer of Assets From One Trustee to Another.......................      36
         14.4.    Termination..........................................................      36

ARTICLE XV Tax Equity and Fiscal Responsibility Act of 1982/Top-Heavy Provisions.......      37
         15.1.    Application..........................................................      37
         15.2.    Special Vesting Rule.................................................      37
         15.3.    Special Minimum Benefit..............................................      37
         15.4.    Prohibited Distributions.............................................      38
         15.5.    Key Employee Defined.................................................      38
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                                     - ii -

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                         YELLOW CORPORATION PENSION PLAN

                     As Amended and Restated January 1, 2004

                                   ARTICLE I

                                     Purpose

         Effective as of July 1, 1955, YELLOW FREIGHT SYSTEM, INC., adopted the
"Yellow Freight Office, Clerical, Sales and Supervisory Personnel Pension Plan",
hereinafter referred to as the "Plan", to provide retirement benefits for its
Employees.

         The Plan was subsequently amended; and the Corporation adopted an
amended and restated Plan, effective January 1, 1976.

         The Plan, as amended and restated effective January 1, 1976, was
subsequently amended; and the Corporation adopted an amended and restated Plan,
effective January 1, 1989.

         The Plan, as amended and restated effective January 1, 1989, was
subsequently amended, and effective January 1, 2004, the Corporation changed the
name of the Plan to the "Yellow Corporation Pension Plan" and adopted an amended
and restated Plan as set forth herein.

         The Plan is intended to meet the requirements of Sections 401(a) and
501(a) of the Internal Revenue Code of 1986, as amended, and the Employee
Retirement Income Security Act of 1974, as amended.

         The provisions of this Plan shall apply only to an Employee who
terminates Employment on or after the Effective Date. The rights and benefits,
if any, of a former Employee shall be determined in accordance with the prior
provisions of the Plan in effect on the date his Employment terminated unless
the provisions of the Plan, as amended and restated, clearly indicate otherwise.

                                      -1-
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                                   ARTICLE II

                          Definitions and Construction

2.1.     Definitions: Where the following words and phrases appear in this Plan,
they shall have the respective meanings set forth below, unless the context
clearly indicates to the contrary:

         (a)      Accrual Computation Period: This is the calendar year.

         (b)      Accrued Benefit: The greater of (1) one-twelfth (1/12) of a
Participant's total accumulation of Annual Unit Credits plus one-twelfth (1/12)
of his Past Service Unit Credits, if any; or (2) one-twelfth (1/12) of the
Accrued Minimum Benefit Pension, as provided in Section 4.3.

         (c)      Actuarial (or Actuarially) Equivalent: Equality in value of
the aggregate amount expected to be received under different forms of payment,
based on the assumption as follows.

                  (1)      Annuity Forms of Payment.

                           (i)      A 7% interest rate; and

                           (ii)     Mortality rates for Participants according
                  to the 1971 Group Annuity Mortality Table and the mortality
                  rates for spouses of Participants (or other beneficiaries)
                  according to the 1971 Group Annuity Mortality Table set back
                  six years (which results in a unisex mortality table).

                  (2)      Lump Sum Payments Payable Before January 1, 2000.

                           (i)      An interest rate no greater than the
                  applicable interest rate if the vested accrued benefit (using
                  the applicable interest rate) is not in excess of $25,000, and

                           (ii)     An interest rate no greater than 120 percent
                  of the applicable interest rate if the vested accrued benefit
                  exceeds $25,000 (as determined under subparagraph (i) above).
                  In no event shall the present value determined under this
                  subparagraph (ii) be less than $25,000.

                           (iii)    For purposes of subparagraphs (i) and (ii)
                  above, the term "applicable interest rate" means the interest
                  rate which would be used (as of the beginning of the Plan Year
                  of the date of distribution) by the PBGC for purposes of
                  valuing a lump-sum distribution on Plan termination.

                  (3)      Lump Sum Payments Payable on or After January 1,
                           2000.

                           (i)      The annual interest rate on 30-year Treasury
                  securities as specified by the Commissioner for the month of
                  November preceding the Plan Year in which the Participant's
                  distribution is made or commences.

                           (ii)     The 1983 Group Annuity Mortality Table using
                  a blend of 50% of the male table and 50% of the female table,
                  provided that effective December 31, 2002, this table shall be
                  replaced by the 94 GAR/GATT 2003 Mortality Table prescribed in
                  Revenue Ruling 2001-62.

                           (iii)    Notwithstanding (i) and (ii) above, for any
                  lump sum payment payable from January 1, 2000 through December
                  31, 2000, the actuarial assumptions in subparagraph (i) and
                  (ii) above will only be used if they produce a larger amount
                  than the actuarial assumptions provided in (2) above.

                  (4)      Level Benefit Option Payments. Notwithstanding (1)
         through (3) above, the level benefit option under Section 5.4 shall be
         computed on the basis of the interest and mortality assumptions
         specified for lump sum payments if those assumptions produce a larger
         benefit.

                                      -2-

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         (d)      Actuary: The individual actuary or firm of actuaries selected
by the Employer to provide actuarial services in connection with the
administration of the Plan.

         (e)      Affiliated Company: Any corporation or unincorporated trade or
business which is a member of a group to which the Employer belongs that is a
controlled group of corporations, a group of controlled trades or businesses
(whether or not incorporated), or an affiliated service group, as those terms
are defined in Sections 414(b), (c), (m) and (o) of the Code.

         (f)      Annual Unit Credits: For service after December 31, 1967, a
Participant will accumulate one (1) Annual Unit Credit, for each year of
Credited Service, equal to 1.4% of his Base Wage for that year as defined in
Section 2.1(h)(2) and for service prior to January 1, 1968, a Participant will
accumulate one (1) Annual Unit Credit for each year of Credited Service equal to
1.4% of his Base Wage multiplied by the number of months or portion thereof of
Credited Service for that year as defined in Section 2.1(h)(l).

         (g)      Authorized Leave of Absence: Any absence authorized by the
Employer under the Employer's standard personnel practices.

         (h)      Base Wage:

                  (1)      Base Wage for Credited Service Prior to January 1,
         1968:

                           (i)      With respect to Annual Unit Credits accrued
                  prior to January 1, 1968, the "Base Wage" shall be the basic
                  salary or wages, as amortized, being paid by the Employer or a
                  Participating Affiliated Company to the Employee for personal
                  services on or as of each January 1st with respect to the
                  ensuing year or applicable portion thereof.

                           (ii)     In determining "Base Wage" for service prior
                  to January 1, 1968, if an Employee was compensated on any
                  other than on a monthly basis, monthly wage shall be
                  determined as follows:

                                    A.       Annual--Divided by 12;

                                    B.       Bi-Weekly--Multiply by 26 and
                                             Divide by 12;

                                    C.       Semi-Monthly--Multiply by 2;

                                    D.       Weekly--Multiply by 52 and Divide
                                             by 12;

                                    E.       Daily--Multiply by 260 and Divide
                                             by 12;

                                    F.       Hourly--Multiply by 2080 and Divide
                                             by 12.

                           (iii)    If an Employee did not work for the full
                  year or is not full time, then his monthly wage shall be
                  determined as described above, but on a pro rata basis taking
                  into consideration only the time actually worked.

                  (2)      Base Wage Credited Service After December 31, 1967:
         With respect to all Annual Unit Credits to be accrued under the Plan
         for Credited Service after December 31, 1967, an Employee's "Base Wage"
         shall be (i) the total salary, wages and cash bonuses paid to him for
         personal services by the Employer or a Participating Affiliated Company
         during the current year (or applicable portion thereof) before
         deductions for taxes or any other purpose (that is, "Base Wage" after
         that date shall include salary, wages, and cash bonuses which are
         included for the current year (or portion thereof) on the federal W-2
         income tax form) plus (ii) the amount of any reduction in the
         Participant's salary, wages, and bonuses for the year (or applicable
         portion thereof) made pursuant to a salary reduction agreement under
         Section 401(k), Section 125 and/or Section 132(f)(4) of the Code.

                  (3)      The Employee's "Base Wage" shall not include any
         fringe benefits or any other reportable income which is not salary,
         wages or bonuses.

                                      -3-

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                  (4)      Effective for Plan Years after December 31, 1988, the
         compensation of each Participant taken into account under the Plan for
         any year to determine Base Wage shall not exceed $200,000 ($150,000 for
         Plan Years after December 31, 1993) as adjusted by the Secretary of the
         Treasury pursuant to Section 401 (a)(17) of the Code.

                  (5)      In addition to other applicable limitations set forth
         in the Plan, and notwithstanding any other provision of the Plan to the
         contrary, for Plan Years beginning on or after January 1, 2002, the
         Base Wage of each Employee taken into account under the Plan shall not
         exceed two hundred thousand dollars ($200,000), as adjusted for
         cost-of-living increases in accordance with Section 401(a)(17)(B) of
         the Code. The cost-of-living adjustment in effect for a calendar year
         applies to any period, not exceeding 12 months, over which compensation
         is determined (determination period) beginning in the calendar year.
         For Plan Years beginning on or after January 1, 2002, any reference in
         the Plan to the limitation under Section 401(a)(17) of the Code shall
         mean the limitation set forth in this paragraph. If the Base Wage for
         any prior determination period is taken into account in determining a
         Participant's benefits accruing in the current Plan Year, the Base Wage
         for that prior determination period shall not exceed the limitation
         under Section 401(a)(17) of the Code in effect for that prior
         determination period. Notwithstanding the preceding sentence, in
         determining benefit accruals in Plan Years beginning on or after
         January 1, 2002, the limitation under Section 401(a)(17) of the Code
         for determination periods beginning before January 1, 2002 shall be two
         hundred thousand dollars ($200,000).

         (i)      Board: The Board of Directors, or the Compensation Committee
of the Board of Directors, of Yellow Roadway Corporation.

         (j)      Break in Service: Break in Service is defined in Section 3.4.

         (k)      Code: The Internal Revenue Code of 1986, as amended.

         (l)      Corporation: Yellow Roadway Corporation (formerly known as
Yellow Corporation and Yellow Freight System, Inc. of Delaware)

         (m)      Credited Service: The period of a Participant's Employment
considered in determining the amount of his Pension payable to or on behalf of
the Participant in accordance with Section 3.3.

         (n)      Effective Date: January 1, 2004, the date on which the
provisions of this amended and restated Plan became effective. Some Sections of
the Plan have earlier effective dates as indicated in this Plan and if ERISA or
the Code requires an earlier effective date for any provision herein in order
for this Plan and the Trust to be and remain qualified under Sections 401(a) and
501(a) of the Code, then the Effective Date of the provision shall be the date
so required.

         (o)      Eligibility Computation Period: The twelve (12) consecutive
month period beginning with the Employment Commencement Date. In the event that
an Employee fails to complete 1,000 Hours of Service in the twelve (12)
consecutive months beginning with the Employment Commencement Date, the
Eligibility Computation Period shall be the twelve (12) consecutive month period
beginning with the first anniversary of the Employment Commencement Date, and,
where additional Eligibility Computation Periods are necessary, the twelve
consecutive month periods beginning on succeeding anniversaries of the
Employment Commencement Date.

         (p)      Eligible Spouse: A spouse who has been married to the
Participant throughout the one (1) year period ending on the earlier of (a) the
date the Participant's Pension commences or (b) the date of the Participant's
death; provided, that if a Participant marries within one (1) year before the
date the Participant's Pension commences and the Participant and the
Participant's spouse in the marriage have been married for at least a one (1)
year period ending on or before the date of the Participant's death, the
Participant and the spouse shall be treated as having been married throughout
the one (1) year period ending on the date the Participant's Pension commences.
To the extent provided in a Qualified Domestic Relations Order and subject to
all limitations of Section 414(b) of the Code, the former spouse of a
Participant, if the former spouse and Participant had been married for one year,
shall be treated as an Eligible Spouse.

                                      -4-

<PAGE>

         (q)      Employee: Any person who, on or after the Effective Date, is
receiving remuneration for personal services rendered to the Employer, or an
Affiliated Company while it is an Affiliated Company. In addition, any Leased
Employee who is leased by the Employer, or an Affiliated Company while it is an
Affiliated Company, shall be treated as an Employee. However, contributions or
benefits provided by the leasing organization for any Leased Employee which are
attributable to services performed for the Employer shall be treated as provided
by the Employer. The preceding sentences shall not apply to any Leased Employee
if (a) Leased Employees do not constitute more than 20% of the Employer's
non-highly compensated workforce (as defined by reference to Section 414(q) of
the Internal Revenue Code) and (b) the Leased Employee is covered by a money
purchase pension plan maintained by the leasing organization which provides (i)
a nonintegrated employer contribution rate for each participant of at least 10
percent of compensation, (ii) full and immediate vesting and (iii) immediate
participation for all employees of the leasing organization (except for those
individuals whose compensation is less than $1,000 in each plan year during the
4-year period ending with the plan year).

         (r)      Employer: Yellow Roadway Corporation (formerly known as Yellow
Corporation and Yellow Freight System, Inc. of Delaware) a corporation existing
under the laws of the State of Delaware, or its successor or successors and
where provided by Article XIII, "Employer" shall also refer to a Participating
Affiliated Company.

         (s)      Employment: The period during which a person is an Employee.

         (t)      Employment Commencement Date (not applicable to Vesting
Computation Period): This is the date on which the Employee first performs an
Hour of Service for the Employer and in the case of an Employee of a
Participating Affiliated Company, it is the date on which the company becomes an
Affiliated Company, or date he first performs an Hour of Service, if later.

         (u)      ERISA: Public Law No. 93-406, the Employee Retirement Income
Security Act of 1974, as amended from time to time.

         (v)      Hour of Service or Hour of Employment:

                  (1)      An Hour of Service is each hour for which an Employee
         is paid, or entitled to payment, for the performance of duties for the
         Employer or an Affiliated Company during the applicable computation
         period. For purposes of this Section 2.1(v), "computation period" means
         the Accrual Computation Period, the Eligibility Computation Period or
         the Vesting Computation Period, as applicable.

                  (2)      An Hour of Service is each hour for which an Employee
         is paid, or entitled to payment, by the Employer or an Affiliated
         Company on account of a period of time during which no duties are
         performed (irrespective of whether the employment relationship has
         terminated) due to vacation, holiday, illness, incapacity (including
         Short-Term Disability, defined as the first 6 months of an Employee's
         disability), layoff, jury duty, military duty or leave of absence.
         Notwithstanding the preceding sentence:

                           (i)      No more than 501 Hours of Service shall be
                  credited under this subsection (v)(2) to an Employee on
                  account of a single continuous period during which the
                  Employee performs no duties (whether or not the period occurs
                  in a single computation period), provided, that a Participant
                  shall be credited with the numbers of Hours of Service
                  represented by the compensation paid to the Participant by the
                  Employer or Affiliated Company during his period of Short-Term
                  Disability. Hours of Service accrued during a period of
                  Short-Term Disability will be credited to the Participant for
                  the computation period in which the Short-Term Disability was
                  paid.

                           (ii)     An hour for which an Employee is directly or
                  indirectly paid, or entitled to payment, on account of a
                  period during which no duties are performed shall not be
                  credited to the Employee if the payment is made or due under a
                  plan, if any, maintained solely for the purpose of complying
                  with applicable Workers' Compensation, or Unemployment
                  Compensation or disability insurance law; and

                           (iii)    Hours of Service shall not be credited for a
                  payment which solely reimburses an Employee for medical or
                  medically related expenses incurred by the Employee. For
                  purposes of

                                      -5-

<PAGE>

                  this subsection (v)(2), payment shall be deemed to be made by
                  or due from the Employer or an Affiliated Company regardless
                  of whether the payment is made by or due from the Employer,
                  directly or indirectly through, among others, a trust, fund,
                  or insurer, to which the Employer contributes or pays premiums
                  and regardless of whether contributions made are due to the
                  trust fund, insurer or other entity or for the benefit of
                  particular employees or are on behalf of a group of employees
                  in the aggregate.

                  (3)      An Hour of Service is each hour for which back pay,
         irrespective of mitigation of damages, is either awarded or agreed to
         by the Employer or Affiliated Company. The same Hours of Service shall
         not be credited both under subsection (v)(1) or subsection (v)(2), as
         the case may be, and under this subsection. Thus, for example, an
         Employee who receives a back pay award following a determination that
         he or she was paid at an unlawful rate for Hours of Service previously
         credited will not be entitled to additional credit for the same Hours
         of Service. Crediting for Hours of Service for back pay awarded or
         agreed to with respect to period described in subsection (v)(2) shall
         be subject to the limitations set forth in that subsection. For
         example, no more than 501 Hours of Service are required to be credited
         for payments of back pay, to the extent that that back pay is agreed to
         or awarded for a period of time during which an Employee did not or
         would not have performed duties.

                  (4)      Solely for the purpose of determining whether a one
         year Break in Service has occurred for purposes of eligibility or
         vesting, during a "parental absence" (as defined below) an Employee
         shall be credited with the Hours of Service which otherwise would
         normally have been credited to the Employee but for the absence, or in
         any case in which the hours cannot be determined, eight Hours of
         Service per day of the absence. The Hours of Service credited under
         this paragraph shall be credited in the computation period in which the
         absence begins if the crediting is necessary to prevent a Break in
         Service in that period; or in all other cases, in the following
         computation period.

                  (5)      As used in subsection (v)(4) above, the term
         "parental absence" means an Employee's absence from work which begins
         on or after January 1, 1985 (a) by reason of pregnancy of the Employee
         (b) by reason of birth of a child of the Employee, (c) by reason of the
         placement of a child with the Employee in connection with adoption of
         the child by the Employee, or (d) for purposes of caring for the child
         for a period beginning immediately following the birth or placement.

                  (6)      An Employee who is on an unpaid leave of absence
         pursuant to the terms of the Family and Medical Leave Act of 1993 will
         be credited with Hours of Service for the purpose of determining
         whether a Break in Service has occurred, provided the Employee returns
         after the leave.

         (w)      Leased Employee: Any individual (other than a common law
employee of the Employer) who pursuant to an agreement between the Employer and
other person ("leasing organization") has performed services for the Employer
(or for the Employer and related persons determined in accordance with Section
414(n)(6) of the Code) on a substantially full-time basis for a period of at
least 1 year, and the services are performed under the primary direction and
control of the Employer.

         (x)      Named Fiduciaries: The Employer, the Administrative Committee,
and the Trustee, but only with respect to the specific responsibilities of each
for Plan and Trust administration, all as described in Section 7.1.

         (y)      Normal Retirement Date and Age: The later of (a) the last day
of the calendar month in which the Participant's sixty-fifth (65th) birthday
occurs; or (b) the last day of the calendar month in which the Participant
terminates employment. A Participant will attain his "Normal Retirement Age" on
his 65th birthday except that "Normal Retirement Age" for an Employee who
becomes a Participant within the five-year period preceding his 65th birthday
shall be the first day of the calendar month coincident with or immediately
following completion of the Participant's fifth year of Vesting Service (or Plan
participation, whichever is earlier).

         (z)      Participant: Any Employee of the Employer or a Participating
Affiliated Company who has become a Participant as provided in Article III
hereof.

         (aa)     Participating Affiliated Company: An Affiliated Company which
has adopted the Plan.

                                      -6-

<PAGE>

         (bb)     Past Service Unit Credits: For service prior to July 1, 1955,
a Participant will accumulate a Past Service Unit Credit equal to 1.4% of his
monthly wage as of July 1, 1955, times the number of months of continuous
service immediately prior to July 1, 1955, provided, that a Participant shall
not accumulate a Past Service Unit Credit unless he was eligible to participate
in the Plan as of July 1, 1955, and unless he was employed by Yellow Freight
System, Inc., or as provided under the Prior Plan.

         (cc)     PBGC: Pension Benefit Guaranty Corporation, a body corporate
within the Department of Labor established under the provisions of Title IV of
ERISA.

         (dd)     Pension: A series of monthly amounts which are payable to a
person who is entitled to receive benefits under the Plan.

         (ee)     Pension Administrative Committee or Administrative Committee:
The persons appointed under the provisions of Article VII to administer the
Plan.

         (ff)     Plan: The Yellow Corporation Pension Plan (formerly known as
the Yellow Freight Office, Clerical, Sales and Supervisory Personnel Pension
Plan), the Plan set forth herein, as amended from time to time.

         (gg)     Plan Year: The twelve (12) month period commencing on January
1 and ending on December 31.

         (hh)     Prior Plan: The Plan as it existed prior to January 1, 1976

         (ii)     Sponsoring Employer: The Corporation.

         (jj)     Trust Fund: All cash, securities and other property held by
the Trustee pursuant to the terms of a trust agreement between the Corporation
and the Trustee together with any income therefrom.

         (kk)     Trustee: One or more corporations or individuals appointed by
the Corporation to administer the Trust.

         (ll)     Vesting Computation Period: Subject to Section 3.4(a), this is
the 12-consecutive month period beginning with the latest of the following
dates, and each anniversary thereof:

                  (1)      The date on which the Employee first performs an Hour
         of Service for the Employer or an Affiliated Company while it is an
         Affiliated Company;

                  (2)      Date on which the Employee attains age 18;

                  (3)      July 1, 1955. (Date the original plan was adopted.)

         (mm)     Vesting Service: The period of a Participant's Employment
considered in the determination of his eligibility for a Pension under the Plan
in accordance with Section 3.2.

2.2.     Construction: The masculine gender, where appearing in the Plan, shall
be deemed to include the feminine gender, and the singular may include the
plural, unless the context clearly indicates to the contrary. The words
"hereof", "herein", "hereunder" and other similar compounds of the word "here"
shall mean and refer to the entire Plan, not to any particular provision or
Section.

                                      -7-

<PAGE>

                                  ARTICLE III

                            Participation and Service

3.1.     Participation.

         (a)      The following individuals shall be excluded from the Plan;

                  (1)      Any individual who is covered by a collective
         bargaining agreement which does not expressly provide for inclusion of
         the Employee in this Plan,

                  (2)      Any individual who is not classified as Office,
         Clerical, Sales or Supervisory (including executive),

                  (3)      Any individual who is working on a permanent basis
         outside of the United States (as defined in Section 3(10) of ERISA) and
         who is paid in other than United States currency,

                  (4)      Any individual who is a non-resident alien and who
         receives no earned income (within the meaning of Section 911(d)(2) of
         the Code) from the Employer which constitutes income from sources
         within the United States (within the meaning of Section 861(a)(3) of
         the Code),

                  (5)      Any individual who is classified as an independent
         contractor by the Employer, regardless of the classification placed on
         the person by the Internal Revenue Service or other governmental agency
         or a court of competent jurisdiction,

                  (6)      Any individual who is an active participant in (1)
         the Roadway LLC Pension Plan or any other defined benefit plan intended
         to be qualified under Section 401(a) of the Code maintained by an
         Employer or an Affiliated Company, or (2) the Yellow Roadway
         Corporation Core Retirement Plan.

         (b)      Any Employee participating in the Plan on December 31, 2003,
shall continue to participate in the Plan on January 1, 2004 if he is an
Employee of the Employer on that date.

         (c)      Any Employee not excluded from the Plan shall become an
"Active Participant" in this Plan as follows:

                  (1)      Any Employee (excluding those who were ineligible
         under the Prior Plan because of having reached his fifty-fifth (55th)
         birthday) hired or first satisfying eligibility requirements of the
         Prior Plan during the period of January 2, 1973, to December 31, 1975,
         will commence participation or retroactively commence participation on
         the later of following dates:

                           (i)      January 1 coincident with or next following
                  date of hire; and

                           (ii)     January 1 coincident with or next following
                  the date he first meets the eligibility requirements of the
                  Prior Plan.

                  (2)      Notwithstanding 3.1(a) above, any Employee not a
         Participant as of January 1, 1976 who has both attained twenty-five
         (25) and completed during the twelve (12) month period ending December
         31, 1975, not less than 1,000 Hours of Service (and who is eligible for
         participation) shall become an Active Participant on January 1, 1976.

                  (3)      The participation of any Employee eligible on or
         after January 1, 1976, to become an Active Participant shall commence
         on the first day of the month coincident with or next following the
         date on which he has both attained age twenty-five (25) and has
         completed not less than 1,000 Hours of Service during his Eligibility
         Computation Period ending prior to that date.

                                      -8-

<PAGE>

                  (4)      Beginning January 1, 1985, the participation of any
         Employee eligible to become an Active Participant shall commence on the
         first day of the month, but not prior to January 1, 1985, coincident
         with or next following the date on which he has both attained age
         twenty-one (21) and has completed not less than 1,000 Hours of Service
         during his Eligibility Computation Period ending prior to that date.

                  (5)      Notwithstanding the foregoing, prior to January 1,
         1985, any Employee whose Employment commenced on or after sixtieth
         (60th) birthday was excluded from Participation in the Plan.

         (d)      If any Active Participant changes employment status so that he
becomes an individual described in Section 3.1(a), the Participant shall cease
to be an Active Participant on the day his employment status changes. If the
Participant continues to be an Employee, he shall continue as a Participant
under the Plan but shall not be considered as an Active Participant until the
day upon which his employment status changes so that he is not precluded from
being an Active Participant under Section 3.1(a).

         (e)      After a Break in Service, the provisions of Section 3.4 shall
be applicable.

         (f)      Notwithstanding any other provision of the Plan, the
provisions of this Section 3.1(f) shall be controlling.

                           (i)      No Employee hired after December 31, 2003
                  shall become a Participant or an Active Participant of the
                  Plan.

                           (ii)     Any Participant who incurs a Break in
                  Service and is reemployed after December 31, 2003 shall not
                  become an Active Participant of the Plan or accrue any
                  additional benefits under the Plan.

                           (iii)    An Employee of an Affiliated Company, that
                  is not a Participating Affiliated Company, who transfers to
                  employment with the Employer after December 31, 2003, shall be
                  excluded from the Plan.

                           (iv)     Any Employee who is an Active Participant
                  (or any Employee who is eligible to become an Active
                  Participant upon completion of the age and service
                  requirements of Sections 3.1(b) and (c)) on December 31, 2003
                  will continue to be an Active Participant (or will become an
                  Active Participant after completion of the age and service
                  requirements of Sections 3.1(b) and (c)).

3.2.     Vesting Service: A Participant's eligibility for Vesting of any Pension
under the Plan shall be determined by his period of Vesting Service in
accordance with the following:

         (a)      Vesting Service Prior to January 1, 1976: For a Participant as
of the Effective Date, who had been covered under the Prior Plan, the
Participant's last period of continuous employment with the Employer ending on
the last day of his Vesting Computation Period which ends within the twelve
month period prior to January 1, 1976, the period of employment to be counted as
beginning on the first day of his initial Vesting Computation Period, as defined
in Section 2.1(ll), shall be counted as Vesting Service, including periods of
Authorized Leave of Absence credited as service under the provisions of the Plan
in effect prior to January 1, 1976. Notwithstanding any provisions to the
contrary, no Vesting Service prior to July 1, 1955, shall be considered for
vesting purposes.

         (b)      Vesting Service from and after January 1, 1976: Subject to the
Break in Service provisions of Section 3.4, a Participant shall accrue a year of
Vesting Service for each Vesting Computation Period ending on or after January
1, 1976 in which he has 1,000 or more Hours of Employment.

3.3.     Credited Service: The amount of any Pension payable to or on behalf of
a Participant shall be determined on the basis of his Credited Service, in
accordance with the following:

                                      -9-

<PAGE>

         (a)      Credited Service Prior to January 1, 1976: As of January 1,
1976, a Participant who has been covered under the Prior Plan shall have the
Credited Service as provided under the Prior Plan.

         (b)      Credited Service From and After January 1, 1976: Subject to
the Break in Service provisions of Section 3.4, an Active Participant shall
accrue one year of Credited Service for each calendar year after he becomes an
Active Participant in which he has 1,000 or more Hours of Employment. If he is
an Active Participant during only a part of the calendar year, he will accrue
Credited Service for the period of active participation provided his Hours of
Employment equal or exceed a proration of 1,000 hours based on the proportion
that the period of active participation bears to the calendar year. For example,
if he is an Active Participant for six months (one-half) of the calendar year,
he will accrue six months of Credited Service if he has 500 or more Hours of
Employment during the period (or periods) of active participation.

         (c)      Credited Service shall not accrue to any Employee while he is
not an Active Participant in the Plan; and if he thereby ceases to be an Active
Participant but remains an Employee, he shall receive no Credited Service until
he is again an Active Participant.

3.4.     Break in Service.

         (a)      The following Break in Service rules apply only to Breaks in
Service on or after January 1, 1985. The Prior Plan shall govern Breaks in
Service prior to January 1, 1976. On and after January 1, 1976, and before
January 1, 1985, Breaks in Service shall be governed by the rules of the Plan in
effect at the time the Breaks in Service occurred. A Vesting Computation Period
beginning on or after January 1, 1976 during which a Participant does not
complete more than 500 Hours of Employment shall constitute a Break in Service.
Upon incurring a Break in Service, an Employee's rights and Benefits under the
Plan shall be determined in accordance with his Vesting Service, Credited
Service, and Compensation at the time of the Break in Service. If a Participant
who satisfied the requirements for a deferred Vested Pension under Section 4.2
(which means he had a vested interest under the Plan) at the time of a Break in
Service, is again employed in an eligible class and becomes an Active
Participant in accordance with Section 3.1, his pre-Break in Service Vesting
Service and Credited Service shall be restored in determining his rights and
Benefits under the Plan and he shall reparticipate in the Plan immediately upon
re-employment. If a Participant who had not fulfilled the requirements for a
deferred Vested Pension under Section 4.2 at the time of a Break in Service is
again employed in an eligible class and becomes an Active Participant in
accordance with Section 3.1, his years of pre-Break in Service Vesting Service
and Credited Service shall be restored unless the number of consecutive one-year
Breaks in Service equal or exceeds the greater of (a) five consecutive one-year
Breaks in Service or (b) the aggregate number of years of pre-Break in Service
Vesting Service, otherwise all the credits shall be cancelled and he shall begin
as a new employee. If the Participant's pre-Break in Service Vesting Service is
restored as provided in the preceding sentence, then he shall commence
participation immediately upon being re-employed in an eligible class and
becoming an Active Participant in accordance with Section 3.1.

         (b)      Any Active Participant who transfers employment from one
Employer to another Employer, both Employers under the Plan, shall not for that
sole reason be considered as breaking service or terminating Employment and
shall retain all of his rights as an Active Participant.

         (c)      Except as provided in Section 4.1, a Participant shall not
receive a Pension during a period of Employment. If a Participant has received
Pension payments under the Plan and returns to Employment so that his Pension is
suspended, the Pension payable upon his subsequent Retirement shall be reduced
by the Actuarial Equivalent of any Pension payments, except disability
retirement pension payments under the Plan prior to July 16, 1979, he received
prior to his subsequent retirement, provided, that no adjustment to a Pension
shall be made unless the adjustment satisfies the requirements of Section 411(b)
of the Code.

3.5.     Military Service: A leave of absence due to service in the Armed Forces
of the United States and which meets the applicable requirements of the
Uniformed Services Employment and Reemployment Rights Act of 1994 (USERRA) shall
not constitute a Break in Service and shall be considered as Vesting Service and
Credited Service

                                      -10-

<PAGE>

under the Plan, provided that the Employee receives an honorable discharge from
the military service and returns to employment with the Employer within the
period provided by USERRA.

3.6.     Transfer of Employment Between United States and Canada:
Notwithstanding any provision of this Plan to the contrary, this Section shall
apply to any Employee transferred to, or from, employment with the Employer in
Canada.

         (a)      Transfer to Canada.

                  (1)      Vesting Service and Credited Service for Year Prior
         to Transfer: In the event a Participant is transferred to Canada for
         employment as a Canadian employee with the Corporation, the Vesting
         Service or Credited Service accrued to the end of the year preceding
         the year of his transfer shall be retained for his benefit under this
         Plan and his accumulated benefits under this Plan will be payable at
         his subsequent retirement, termination of employment, disability, or
         death, according to the terms of the Plan.

                  (2)      Transfer of Vesting Service: The Participant's years
         of "Vesting Service" as defined under this Plan shall be considered
         years of "Continuous Service" under the Pension Plan for Canadian
         Employees of Yellow Freight System, Inc. (the "Canadian Plan").

                  (3)      Credited Participation During Year of Transfer: The
         transferred Participant's period of Continuous Service under the
         Canadian Plan will include the period from January 1 of the year in
         which the Participant transfers to Canadian employment to the date of
         the transfer. For example, if a Participant transfers to the Canadian
         Plan on August 1 and remains a Canadian Employee with the Corporation
         through the end of that year, he would accrue one (1) year of Credited
         Participation or Continuous Participation under the Canadian Plan for
         the term January 1 through December 31 in the year of his transfer.

                  (4)      Calculation of Benefits: "Earnings" under the
         Canadian Plan for the year of the Employee's transfer will include the
         Employee's "Base Wage" under this Plan for the period from January 1 of
         the year in which the Participant transfers to Canada for employment as
         a Canadian Employee to the date of transfer. In no event will a
         Participant accrue less in benefits during his year of transfer to the
         Canadian Plan than the benefit he would have accrued under this Plan
         for the same period.

         (b)      Transfer from Canada:

                  (1)      Continuous Service Shall Be Deemed Vesting Service:
         In the event an Employee who was a Member of the Canadian Plan is
         transferred to Employment within the United States and is eligible to
         participate in this Plan under Section 3.1 of the Plan, his years of
         "Continuous Service" under the Canadian Plan shall be considered
         "Vesting Service" under this Plan.

                  (2)      Credited Service and/or Vesting Service During Year
         of Transfer: The transferred Participant's period of Credited Service
         and/or Vesting Service under this Plan shall include the period from
         January 1 of the year in which the Employee transfers to Employment
         within the United States to the date of the transfer.

                  (3)      Calculation of Benefits: The transferred
         Participant's "Basic Wage" under this Plan shall include "Earnings"
         under the Canadian Plan for the period from January 1 of the year of
         transfer to Employment within the United States to the date of
         transfer. In no event will a transferred Participant's accrued benefits
         in this Plan during his year of transfer be less than the benefit he
         would have accrued under the Canadian plan for the same period.

         (c)      Administrative Committee to Regulate Transfers: The
Administrative Committee shall enact rules, regulations and/or interpretations
it may deem proper and necessary to facilitate the efficient transfer, of
Employees to and from the Canadian Plan.

                                      -11-

<PAGE>

                                   ARTICLE IV

                       Requirements for Retirement Pension

4.1.     Normal Retirement Pension

         (a)      Upon attaining Normal Retirement Age, a Participant shall be
eligible for and have a nonforfeitable right to a Normal Retirement Pension,
payable monthly, equal to his Accrued Benefit, calculated as of the date he
actually terminates Employment. The monthly pension is payable for life and is
calculated on a single life basis; however, it may be paid out on other than a
single life basis. The various methods for payment are described in Article V. A
Normal Retirement Pension shall commence as of the last day of the month
immediately following the month the Participant terminates Employment.
Notwithstanding the foregoing, a Participant shall receive his Normal Retirement
Pension benefit as described in this Section 4.1 for each month after attaining
Normal Retirement Age in which the Participant accrues fewer than forty (40)
Hours of Employment.

         (b)      Likewise, a retired Participant who is receiving a monthly
pension shall have his pension payments suspended if he is reemployed after his
Normal Retirement Age unless he will accrue less than forty (40) Hours of
Employment per month.

4.2.     Vested Pension

         (a)      Normal Retirement. Upon termination of Employment, a
Participant not eligible for a Normal Retirement Pension shall be eligible for a
Vested Pension if he has completed five (5) or more years of Vesting Service.
The Vested Pension, payable monthly, is equal to the Participant's Accrued
Benefit. The Vested Pension is payable for life and is calculated on a single
life basis; however, the Vested Pension may be paid out on other than a single
life basis. The various methods of payment are described in Article V. Unless
the Participant elects the early retirement pension provided in Section 4.2(b),
his Vested Pension shall commence as of his Normal Retirement Date.

         (b)      Early Retirement. If the Participant has completed ten (10) or
more years of Credited Service, he may request the Administrative Committee to
authorize commencement of his Pension as of the last day of any subsequent
calendar month within the ten (10) year period preceding his Normal Retirement
Date (i.e., a Participant's earliest retirement date is age 55 and accrual of
ten (10) years of Credited Service). If the Participant requests the early
commencement, his Pension shall commence as of the date so requested, but the
amount thereof shall be the following percentage of his Accrued Benefit, using
linear interpolation for non-integral ages:

<TABLE>
<CAPTION>
AGE       PERCENTAGE
---       ----------
<S>       <C>
65           100
64            90
63            81
62            73
61            66
60            60
59            55
58            50
57            46
56            43
55            40
</TABLE>

         (c)      Rule of 85 Service Retirement. Notwithstanding (a) above, for
a Participant who terminates Employment on or after January 1, 2000 and after
the sum of his attained age and his years of "Rule of 85 Service" (as defined
below) is 85 or more, there shall be no reduction of his Accrued Benefit and the
Participant may request the Administrative Committee to authorize commencement
of his Pension as of the last day of any subsequent calendar month. For purposes
of the preceding sentence, "Rule of 85 Service" shall have the same meaning as
Vesting Service under Section 3.2(b), provided that the counting method
specified therein shall be applied to all periods of Employment (including
Employment prior to January 1, 1976).

                                      -12-

<PAGE>

         (d)      Minimum Benefit after December 31, 1980. As of any benefit
determination date after December 31, 1980, the amount of Pension payable on a
single-life basis shall not be less than the amount of Pension payable on a
single-life basis, determined as the product of the smaller of (a) and (b),
multiplied by (c); where (a) is the Accrued Benefit as of December 31, 1980, (b)
is the Accrued Benefit as of the Benefit determination date, and (c) is the
early retirement reduction factor using the basis in effect on December 31,
1980.

4.3.     Minimum Benefit Pension:

         (a)      Unit of Minimum Pension: (1) divided by (2), where

                  (1)      is 1-3/7% of Average Final Compensation (as defined
         in (c) below) multiplied by Projected Credited Service (as defined in
         (e) below) at Normal Retirement Date less 1-3/7% of Primary Social
         Security (as defined in (d) below) multiplied by Projected Credited
         Service at Normal Retirement Date, maximum thirty (30);

                  (2)      is the Projected Credited Service at Normal
         Retirement Date.

         (b)      Accrued Minimum Benefit Pension: The greater of (1) or (2)
where

                  (1)      is the Unit of Minimum Pension determined in
         accordance with Section 4.3(a) multiplied by the Credited Service at
         date of determination plus one-third (1/3) of the excess, if any, of
         Credited Service at date of determination over one-half (1/2) of
         Projected Credited Service at Normal Retirement Date;

                  (2)      is the Minimum Benefit Pension determined as of
         December 31, 1993 plus the product of the Unit of Minimum Pension
         determined in accordance with Section 4.3(a) multiplied by the
         difference of (i) minus (ii) where:

                           (i)      is the Credited Service at date of
                  determination plus one-third (1/3) of the excess, if any, of
                  Credited Service at date of determination over one-half (1/2)
                  of Projected Credited service at Normal Retirement Date; and

                           (ii)     is the Credited service as of December 31,
                  1993 or date of determination if earlier plus one-third (1/3)
                  of the excess, if any, of the Credited Service over one-half
                  (1/2) of Projected Credited Service at Normal Retirement Date.

         (c)      Average Final Compensation: Calendar years to be used to
calculate "Average Final Compensation" shall include only those years which are
"qualified years" in accordance with the following definition. A "qualified
year" is any calendar year in which the Participant accrues a full year of
Credited Service, or the Participant attains age 65 in December of that year and
is an Active Participant for the entire year up to the date upon which he
attains age 65. A Participant's "Average Final Compensation" is his Base Wage so
defined in Section 2.1(h) (eliminating, however, the references to "after
December 31, 1967") for the five (5) consecutive qualified years out of the last
ten (10) consecutive qualified years which will produce the highest total,
divided by five (5).

         (d)      Primary Social Security Benefit:

                  (1)      A Participant's "Primary Social Security Benefit" is
         the amount of the annual primary old age benefit payable under the
         Social Security Act, as amended, as of the earlier of age sixty-five
         (65), or his date of termination of Employment, to which a Participant
         would be entitled upon proper and timely application therefor and
         assuming that Pension Benefits are his only source of income. For the
         purpose of computing a "Primary Social Security Benefit" of a
         Participant whose Employment terminates prior to his Normal Retirement
         Date, it shall be assumed that the Participant had continued his
         Employment until age sixty-five (65) and had received during his
         Employment the same salary he was receiving immediately prior to his
         date of termination of Employment.

                                      -13-

<PAGE>

                  (2)      For purposes of determining "Primary Social Security
         Benefit," the Plan Administrator shall follow the rules in Revenue
         Ruling 1984-85 in determining a Participant's wage history based on
         national averages for changes in wages from year to year and notifying
         the Participant of his right to furnish actual wage history. If actual
         wage history is obtained, then the Primary Social Security Benefit will
         be computed based on actual wages.

                  (3)      Subject to the foregoing, it shall be assumed that
         for any year prior to his Employment by the Employer as to which the
         Administrative Committee cannot secure his actual Compensation, his
         Compensation was equal to the Compensation paid to him during the first
         full year of his Employment by the Employer. In determining the
         "Primary Social Security Benefit" for an Employee who is not a citizen
         of the United States, and who is covered by the Social Security System
         of a foreign country, the amount of the annual primary old age benefit
         payment under the social security system of the foreign country will be
         used in lieu of the amount of the annual old age benefit payment under
         the Social Security Act.

         (e)      Projected Credited Service at Age 65: Credited Service at date
of determination plus 1/12 of a year for each full or partial month between the
date the Participant ceases to be an Active Participant and his Normal
Retirement Date.

         (f)      Notwithstanding anything contained herein, the Accrued Minimum
Benefit Pension of any Active Participant who was an Active Participant on
January 1, 1979, shall not be less than the Minimum Benefit Pension to which he
would have been entitled pursuant to Section 4.3 of the Plan immediately prior
to Amendment No. 6 which was effective January 1, 1979. Effective for Plan Years
beginning January 1, 1994, the Accrued Minimum Benefit Pension calculated under
this Section 4.3(f) shall be transitioned and adjusted pursuant to the method
contained in Sections 4.3(a) and (b) to take into account compensation
limitations contained in Section 401(a) (17) of the Code.

4.4.     Maximum Pension Benefit. The total annual benefit (as defined
hereinafter) of any Participant shall not exceed the limitations set forth in
this Section 4.4 and its subsections.

         (a)      Annual Benefit: For purposes of this Section 4.4, the term
"annual benefit" means a benefit payable in the form of a straight life annuity
with no ancillary benefits, under a plan to which Employees do not contribute
and under which no rollover contributions (as defined in Sections 402(a)(5),
403(a)(4), 408(d)(3) and 409(b)(3) of the Internal Revenue Code) have been made.

         (b)      Maximum Permissible Amount: Defined Benefit Dollar Limitation
and Compensation Limitation: The total annual benefit shall not exceed the
lesser of (1) One Hundred Sixty Thousand Dollars ($160,000) or as that amount
may hereafter be adjusted by the Secretary of the Treasury pursuant to Section
415(d) of the Code in the manner as the Secretary shall prescribe, hereinafter
referred to as the "defined benefit dollar limitation"; and (2) one hundred
percent (100%) of the Participant's average compensation for his highest three
(3) years of Plan participation (as defined in Section 4.4(g)), hereinafter
referred to as the "compensation limitation".

         (c)      Adjustment for Less Than Ten Years of Service: If the
Participant has less than ten (10) years of participation with the Employer, the
defined benefit dollar limitation is reduced by one-tenth for each year of
participation (or part thereof) less than ten (10). To the extent provided in
regulations or in other guidance issued by the Internal Revenue Service, the
preceding sentence shall be applied separately with respect to each change in
the benefit structure of the Plan. If the Participant has less than ten (10)
years of service with the Employer, the compensation limitation is reduced by
one-tenth for each year of service (or part thereof) less than ten (10). The
adjustments of this Section 4.4(c) shall be applied in the denominator of the
defined benefit fraction based upon years of service. Years of service shall
include future years occurring before the Participant's Normal Retirement Date.
Future years shall include the year which contains the Participant's Normal
Retirement Date, only if it can be reasonably anticipated that the Participant
will receive a year of service for that year.

         (d)      Commencing Annual Benefit between Age 62 and Age 65: The
dollar limitation set forth in Section 4.4(b) shall apply if the Participant's
Annual Benefit begins at any time from the Participant's attainment of age 62 to
the Participant's attainment of age 65.

                                      -14-

<PAGE>

         (e)      Adjustment for Commencing Annual Benefit Prior to Age 62: If
the Annual Benefit of a Participant commences prior to age 62, the defined
benefit dollar limitation shall be the actuarial equivalent of an annual benefit
beginning at age 62, reduced for each month by which benefits commence before
the month in which the Participant attains age 62. For purposes of this Section
4.4(e), actuarial equivalence shall be determined based on the same reduction
factors used to calculate the reduced benefit payable upon a Participant's early
retirement date under Section 4.2, but in no event shall the reduction be less
than what the reduction would be if the reduction was based on an interest rate
assumption of 5% per annum and the 1983 Group Annuity Mortality Table using a
blend of 50% of the male table and 50% of the female table (the "1983 GAM (50%
male/50% female"), Effective December 31, 2002, the 1983 GAM (50% male/50%
female) table shall be replaced by the 94 GAR/GATT 2003 Mortality Table
prescribed in Revenue Ruling 2001-62 (hereinafter in this Section referred to as
the "Applicable Mortality Table"). Any decrease in the defined benefit dollar
limitation determined in accordance with this provision (e) shall not reflect
the mortality decrement to the extent that benefits will not be forfeited upon
the death of the Participant.

         (f)      Adjustment for Commencing Annual Benefit After Social Security
Retirement Age: If the annual benefit of a Participant commences after the
Participant attains age 65, the defined benefit dollar limitation as reduced in
(c) above, if necessary, shall be adjusted so that it is the Actuarial
Equivalent of an annual benefit of the dollar limitation beginning at the
Participant's attainment of age 65, provided that the adjustment shall not be
more than what the adjustment would be if the adjustment was based on an
interest rate assumption of five percent (5%) per annum and the Applicable
Mortality Table.

         (g)      Definition of Highest Three Years of Participation: For
purposes of this Section 4.4, a Participant's highest 3 years of Plan
participation shall be the period of consecutive calendar years (not more than
3) during which the Participant was both an Active Participant in the Plan and
had the greatest aggregate compensation from the Employer. For this purpose, a
Participant's compensation shall include those items listed in Section
1.415-2(d)(2) of the regulations and shall exclude those items listed in Section
1.415-2(d)(3) of the regulations. In the alternative, the Pension Administrative
Committee may determine compensation on the basis of either (i) wages subject to
federal income tax withholding or (ii) wages subject to federal income tax
withholding plus other payments which the Employer is required to report under
Sections 6041(d) and 6051(a)(3) of the Code, excluding moving expense
reimbursements which the Employer reasonably believes a Participant may deduct
under Section 217 of the Code. Notwithstanding, the preceding provisions of this
Section, compensation for purposes of this Section shall include elective
deferrals (as defined in Section 402(g)(3) of the Code) to any plan of an
Employer or an Affiliated Company, amounts not includable in an Employee's gross
income by application of Section 125 of the Code and amounts not includable in
an Employee's gross income by application of Section 132(f)(4) of the Code.

         (h)      Adjusting Benefits to Straight Life Annuity Equivalent: When
retirement benefits under this Plan are payable in any form other than the form
described in Section 4.4(a), the determination as to whether the limitation
described in this Section 4.4 has been satisfied shall be made, in accordance
with regulations prescribed by the Secretary of the Treasury, by adjusting the
benefit so that it is the Actuarial Equivalent to the benefit described in
Section 4.4(a). Notwithstanding the preceding sentence, the adjustment for any
benefit payable in an annuity form shall be calculated based on an interest rate
assumption of 5% per annum and the Applicable Mortality Table, if the adjustment
based on these assumptions produces a lower benefit and the adjustment for any
benefit payable in a level benefit option under Section 5.4 shall be calculated
on an interest rate assumption of the 30-year Treasury rate specified in Section
2.1(c) and Applicable Mortality Table, if the adjustment based on these
assumptions produces a lower benefit. For purposes of this Section 4.4(h), any
ancillary benefit which is not directly related to retirement income benefits
shall not be taken into account; and that portion of any joint and survivor
annuity which constitutes a qualified joint and survivor annuity (as defined in
Section 417(b) of the Code) shall not be taken into account.

4.5.     Increase in Benefits:

         (a)      Effective January 1, 1981, the monthly benefits then being
paid under the terms of the Plan shall be increased for the following
individuals:

                                      -15-

<PAGE>

                  (1)      Each former Active Participant who (i) terminated
         Employment on or before December 31, 1979, and (ii) at the time of
         termination of Employment (A) was an Active Participant, (B) was age 55
         or older, and (C) had accrued 15 or more years of Credited Service; and

                  (2)      Each spouse of a former Active Participant who met
         the requirements of paragraph (a) above.

         (b)      The benefit for the individuals described in (a) above which
would have been received for the month of January, 1981, but for this increase,
shall be increased by 80% of the percentage increase in the U.S. Department of
Labor Consumer Price Index - All Urban Consumers (excluding mortgage interest
costs) for the year in which the Pension actually commenced (in the case of a
spouse, the year in which the Pension commenced for the Participant under whom
the spouse's Pension is derived) compared to the Index for the year 1980. The
dollar amount of increase in monthly Pension benefits shall be limited to a
maximum of $225.00, determined on a single-life basis. For the purposes of
applying this maximum increase provision, amounts being paid on other than a
single-life basis will be converted to a single-life basis.

4.6.     Special Rule Deletion of Maximum Age Limitation for Participation: For
any Participant who becomes a Participant on or after January 1, 1988 and did
not accrue Credited Service prior to January 1, 1988, solely because of the
maximum age limitation contained in the Plan prior thereto (i.e. beginning
Employment on or after attaining age 60), the Participant shall be given
Credited Service for the period prior to January 1, 1988 as if the maximum age
limitation was not in place when the Participant began Employment.

4.7.     Transitional Rules pursuant to Notice 88-131: In accordance with
Alternative II D of Internal Revenue Service Notice 88-131, the Pension payable
to a Participant who was a highly compensated employee described in Section
414(q)(1)(A) or (B) of the Code at any time after 1988 shall not exceed, for
distributions during the period January 1, 1989 through December 31, 1994, the
Pension the Participant had accrued as of the later of December 31, 1988 or the
date the Participant first became a highly compensated employee described in
Section 414(q)(1)(A) or (B) of the Code. The Pension payable to a participant
from and after January 1, 1995 shall not be subject to the restriction. No
adjustment shall be made in the Pension payable to a Participant from and after
January 1, 1995 to recognize that the amount payable to the Participant prior to
that date was subject to the restriction set forth in this Section 4.7.

4.8.     Early Retirement Window: Notwithstanding any provision herein to the
contrary, a Participant not eligible for a Normal Retirement Pension, (a) who,
on January 1, 1997, has (i) attained age 55, (ii) has completed twenty (20)
years or more of Vesting Service, and (iii) is actively employed by a
Participating Affiliated Company, (b) who signs an agreement on or before
January 15, 1997, electing to retire effective January 31, 1997, and waives all
claims and rights granted under the Age Discrimination in Employment Act; and
(c) who does not timely rescind his election, shall retire effective January 31,
1997 and shall receive a Vested Pension commencing at the end of February, 1997,
payable monthly, equal to his Accrued Benefit, unreduced by the provisions of
Section 4.2 covering a Vested Pension which commences prior to Normal Retirement
Date; and the monthly amount of the Vested Pension shall be increased for each
month until the Participant attains age 65 by Twenty Dollars ($20) multiplied by
the Participant's years of Vesting Service. For example, if an eligible
Participant elects to retire under this provision and has an Accrued Benefit
equal to One Thousand Dollars ($1,000), has twenty-two (22) years of Vesting
Service, and is paid on a single life basis, he will receive a monthly pension,
beginning at the end of February, 1997, of One Thousand Four Hundred Forty
Dollars ($1,440) ($1,000 / 22 ($20)) until age 65 (or date of death, if earlier)
and One Thousand Dollars ($1,000) for life thereafter.

                                      -16-

<PAGE>

                                   ARTICLE V

                     Manner of Payment and Optional Pensions

5.1.     Qualified Joint and Survivor Annuity

         (a)      If on the date a Participant's Pension commences he is not
married to an Eligible Spouse, then his Pension under Article IV shall be paid
in the form of a single life annuity for his life as provided in Article IV,
unless he is eligible for and elects an optional form of benefit under Section
5.3.

         (b)      If on the date a Participant's Pension commences he is married
to an Eligible Spouse, then his Pension shall be paid in the form of a 50% Joint
and Survivor Annuity as defined below. A 50% Joint and Survivor Annuity means an
annuity for the life of the Participant with a survivor annuity for the life of
the Participant's Eligible Spouse which survivor annuity is 50% of the amount of
the annuity payable during the joint lives of the Participant and the Eligible
Spouse and the 50% Joint and Survivor Annuity is the Actuarial Equivalent of the
normal form of Pension due the Participant under Article IV (which is a single
life Pension). The last payment of a Pension paid in the form of a 50% Joint and
Survivor Annuity (or any other joint and survivor annuity provided in this Plan)
shall be made as of the last day of the month preceding the month in which the
death of the Participant has occurred and if the Eligible Spouse survives the
Participant, then the first payment of the survivor annuity shall be paid on the
last day of the month in which the Participant dies and the last payment of the
survivor annuity to the Eligible Spouse shall be the last day of the month
preceding the month in which the death of the Eligible Spouse has occurred.

         (c)      If during the period of time beginning 90 days before the
Participant's annuity starting date (i.e., the first date on which an amount is
paid or payable as an annuity or any other form) and ending when his benefits
actually commence, a proper election is made as provided below, in lieu of the
50% Joint and Survivor Annuity, a Participant and his Eligible Spouse may elect
in writing to receive the Participant's Pension in the form of a single life
Pension based on the Participant's life as provided in Article IV or, if
eligible, may elect an optional form of Pension under Section 5.3.

         (d)      If a Participant is married to an Eligible Spouse, no election
to receive the Pension in other than a qualified joint and survivor annuity form
shall take effect unless the Eligible Spouse of the Participant consents in
writing to the election and the Eligible Spouse's consent acknowledges the
effect of the election and is witnessed by a notary public or it is established
to the satisfaction of the Administrative Committee that the consent required
under this sentence may not be obtained because there is no Eligible Spouse, the
Eligible Spouse cannot be located, or because of other circumstances as the
Secretary of the Treasury may by regulation prescribe. Any consent by an
Eligible Spouse (or the establishment that the consent of an Eligible Spouse may
not be obtained) under the preceding sentence shall be effective only with
respect to the Eligible Spouse.

         (e)      A Participant may revoke his election not to take a qualified
joint and survivor annuity at any time and any number of times prior to the
later of the Participant's annuity starting date or the expiration of the 7 day
period that begins the day after the written benefit explanation described in
(h) below is provided to the Participant.

         (f)      An Eligible Spouse may not revoke his or her consent waiving
the right to receive the Pension in the form of a qualified joint and survivor
annuity.

         (g)      For purposes of Section 401(a)(11) of the Code, the Pensions
for both married and unmarried Participants, described herein (other than
certain of the optional forms under Section 5.3) are qualified joint and
survivor annuities. Any Pension herein which provides an annuity for the life of
the Eligible Spouse which is not less than 50 percent and not more than 100
percent of the amount of the annuity which is payable during the joint lives of
the Participant and the Eligible Spouse, is a qualified joint and survivor
annuity.

         (h)      The Administrative Committee shall provide to each
Participant, within a reasonable period of time before the Participant's Pension
is to commence (and consistent with the regulations as the Secretary of the
Treasury may prescribe, i.e., no less than 30 days and no more than 90 days
prior to the date when the Participant's benefits actually commence) a written
explanation of the terms and conditions of the qualified joint and survivor

                                      -17-

<PAGE>

annuity and each optional form of Pension, the Participant's right to make, and
the effect of, an election to waive the qualified joint and survivor annuity
form of Pension, the rights of the Participant's Eligible Spouse to receive the
benefit and the requirement that the Eligible Spouse consent to the waiver of
the benefit and the right to make, and the effect of, a revocation of an
election to waive the qualified joint and survivor annuity form of Pension by
electing a different form of Pension and the relative values of the various
optional forms of benefits under the Plan. Benefits may actually commence to a
Participant less than 30 days after the written explanation is given, provided
that: (i) the Administrative Committee clearly informs the Participant that the
Participant has a right to a period of at least 30 days after receiving the
explanation to consider the decision of whether or not to elect a distribution
or a particular distribution option; (ii) the Participant, after receiving the
explanation, affirmatively elects a distribution, with the consent of the
Participant's Spouse, if applicable, and (iii) distribution does not commence
before the expiration of the 7 day period that begins the day after the
explanation is provided to the Participant. Pension payments shall commence as
of a Participant's annuity starting date, provided that this contemplates
retroactive payments when payments actually commence after the Participant's
annuity starting date.

5.2.     Qualified Pre-retirement Survivor Annuity:

         (a)      100% Survivor Annuity: An Active Participant whose Employment
has not terminated, and who has satisfied the requirements for early retirement
under Section 4.2 (i.e., attained age 55 and accrued 10 years of Credited
Service or sum of attained age and years of Rule of 85 Service is 85 or more) on
or before the last day of the month preceding the date of the Participant's
death, will be treated as if he had retired on the day before his death and
requested that his Vested Pension start immediately in the form of a 100% Joint
and Survivor Annuity provided he is survived by an Eligible Spouse and the
survivor annuity shall commence on the last day of the month immediately
following the Participant's death. A 100% Joint and Survivor Annuity means an
annuity for the life of the Participant with a survivor annuity for the life of
the Participant's Eligible Spouse which survivor annuity is 100% of the amount
of the annuity which is payable during the joint lives of the Participant and
the Eligible Spouse and the 100% Joint and Survivor Annuity is the Actuarial
Equivalent of the normal form of Pension due the Participant under Article IV
(which is a single life Pension).

         (b)      50% Survivor Annuity After Age 55: If a Participant (i) is
entitled to a Vested Pension, (ii) is not covered by a 100% Joint and Survivor
Annuity as provided in Section 5.2(a), (iii) dies prior to commencement of his
Pension, (iv) is married to an Eligible Spouse at the time of his death and (v)
dies after attaining age fifty-five (55), then the Participant will be treated
as if he had retired on the day before his death and had the right to and did
request that his Vested Pension be started immediately under Section 4.2 to be
paid in the form of a 50% Joint and Survivor Annuity and the resulting survivor
annuity to the Eligible Spouse shall commence on the last day of the month
immediately following the month in which the Participant's date of death occurs.

         (c)      50% Survivor Annuity On or Before Age 55: If a Participant (i)
is entitled to a Vested Pension, (ii) is not covered by a 100% Joint and
Survivor Annuity as provided in Section 5.2(a), (iii) dies prior to commencement
of his Pension, (iv) dies on or before attaining age 55 and (v) is married to an
Eligible Spouse at the time of his death, then the Participant will be treated
as though he had (1) terminated Employment on the date of his death (or the
actual data of termination of Employment, if earlier) (2) survived to age
fifty-five (55), (3) retired at age 55 and had the right to and did request that
his Vested Pension be started immediately under Section 4.2 to be paid in the
form of a 50% Joint and Survivor Annuity, and (4) died on the day after the day
on which he would have attained age fifty-five (55), provided, that the
resulting survivor annuity shall commence to the Eligible Spouse on the last day
of the month in which the Participant would have attained age fifty-five (55).

         (d)      Notwithstanding (a) through (c) above, an Eligible Spouse
shall not receive any benefit under this Section 5.2 until the Participant would
have attained age 65 unless the Eligible Spouse consents in writing during the
period of time beginning 90 days before the annuity starting date and ending
when benefits actually commence. The Administrative Committee shall provide a
notice to the Eligible Spouse of his or her right to start the benefit within a
reasonable time.

5.3.     Optional Pension Payments: A Participant or a former Participant
eligible for a Vested Pension, by timely executing and filing a proper election,
may convert the monthly Pension otherwise payable to him under the Plan into a
monthly Pension of equivalent actuarial value in accordance with one of the
options set forth below. An optional form of Pension may be elected during the
period of time beginning 90 days before the Participant's

                                      -18-

<PAGE>

annuity starting date and ending when his benefits actually commence. The
optional form of Pension which may be timely elected by a Participant, in lieu
of the Pension for his life only, shall be:

         (a)      Options Limited to Spouse as Beneficiary.

                  (1)      A smaller Pension payable for the Participant's life,
         to be continued (in whole, or 75% or 50%, provided that the percentage
         payable to his spouse shall not be so high as to make the actuarial
         value of the Pension to his spouse exceed the actuarial value of the
         Participant's smaller Pension) for the life of the Participant's
         spouse.

                  (2)      A smaller Pension payable for the Participant's life,
         but guaranteed to be paid in any event for a minimum of one hundred
         twenty (120) months (but not to exceed the joint life expectancies of
         the Participant and his spouse), the remaining guaranteed payments, if
         any, falling due after his death to be made to his spouse, or to his
         estate if the Participant's spouse predeceases him.

         (b)      Option Limited to Spouse, Brother, Sister or Dependent. A
smaller Pension payable for the Participant's life, but guaranteed to be paid in
any event for a minimum of sixty (60) months, the remaining guaranteed payments,
if any, falling due after his death be made to a Beneficiary selected by him and
named in the election form, or to his estate if the Beneficiary be not
surviving. For the purposes of this optional form of Pension contained in this
Section 5.3(b), the selection of a Beneficiary shall be limited to a spouse,
brother, sister, or a dependent of the Participant. The word "dependent" shall
have the definition it has for federal income tax purposes.

         (c)      Election of Optional Form. An optional form of Pension must be
elected on forms provided by the Administrative Committee. The amount of any
reduced Pension will be the Actuarial Equivalent of the normal Pension payable
for life only.

         (d)      Revocation of Election. Any election by a Participant of an
optional form of Pension under this Section may be revoked by written notice,
prior to the latter of the Participant's annuity starting date or the expiration
of the 7 day period that begins the day after the written benefit explanation is
provided to the Participant, and shall be considered automatically revoked if
the Beneficiary (or all beneficiaries of a contingent beneficiary or
beneficiaries named in an election to receive remaining guaranteed payments)
die(s) before the Participant's Pension commences. In addition, if the
Participant dies before his Pension commences, his election of an optional form
of Pension under this Section shall be considered automatically revoked.

5.4.     Level Benefit: If a Participant elects to receive a Pension prior to
his Normal Retirement Date and if the Pension is paid on a single-life basis
then the Participant may elect a monthly Pension, Actuarially Equivalent of his
Accrued Benefit in an amount which will integrate with the then projected amount
of his Social Security benefits at age sixty-five (65), to the end that (i) his
monthly Pension under the Plan to age sixty-five (65) will be substantially
equivalent to (ii) the total of his projected Social Security Benefits plus a
reduced monthly Pension under the Plan after age sixty-five (65), provided, that
if the actuarial value of his Pension rights on early retirement is insufficient
to provide an optional Pension on the basis including monthly Pension under the
Plan after age sixty-five (65) of $10.00, then the Optional Pension shall be
limited to a monthly Pension payable only until he attains age sixty-five (65)
or his prior death, whichever first occurs.

5.5.     Commutation: Notwithstanding anything contained herein to the contrary,
if the present value of any Pension is not more than $5,000.00 on the date a
Participant terminates Employment, then it will be paid to the recipient in a
single sum in full settlement of all benefits otherwise payable. The present
value shall be determined using the interest rate prescribed in the definition
of the term "Actuarial Equivalent."

5.6.     Limitations on Distributions: Notwithstanding any provision contained
herein to the contrary, the following limitations shall apply to all
distributions:

         (a)      Before Death: Unless sooner distributed under this Plan, each
Participant's distribution

                                      -19-

<PAGE>

                  (1)      will commence not later than April l of the calendar
         year following the calendar year in which he attains age 70 1/2, or

                  (2)      will be distributed:

                           (i)      in accordance with regulations prescribed by
                  the Secretary, over the life of the Participant or over the
                  lives of the Participant and his designated beneficiary, or

                           (ii)     in accordance with the regulations, over a
                  period not extending beyond the life expectancy of the
                  Participant or the life expectancy of the Participant and his
                  designated beneficiary.

         (b)      After Death: Unless sooner distributed under this Plan and
except as provided below, if a Participant dies before the distribution of his
interest has begun in accordance with Section 5.6(a) above, the entire interest
of the Participant will be distributed within five years after his death. Also,
if the distribution of the Participant's interest has begun in accordance with
Section 5.6(a) and the Participant dies before his entire interest has been
distributed to him, the remaining portion of the interest will be distributed at
least as rapidly as under the method of distributions being used under Section
5.6(a) as of the date of his death. If any portion of the Participant's interest
is payable to (or for the benefit of) a designated beneficiary, that portion may
be distributed over the life of the designated beneficiary (or over a period not
extended beyond the life expectancy of the beneficiary) if the distributions
begin not later than one year after the date of the Participant's death or at
any later date as the Secretary of the Treasury may by regulation prescribe. If
the designated beneficiary referred to in the preceding sentence is the
surviving spouse of the Participant, then the date on which the distributions
are required to begin under the preceding sentence shall not be earlier than the
later of (1) December 31 of the calendar year immediately following the calendar
year in which the Participant died and (2) December 31 of the calendar year in
which the Participant would have attained age 70 1/2. If the surviving spouse
dies before the distributions to the spouse begin, this Section 5.6(b) shall be
applied as if the surviving spouse were the Participant.

         (c)      Before Death Exception: Notwithstanding Section 5.6(a), a
Participant who is not a 5% owner (as defined in Section 416(i) of the Code) may
elect to defer the commencement of his benefit until the first day of April of
the calendar year immediately following the calendar year in which he retires.
If a Participant is employed by the Employer after the first day of April of the
calendar year immediately following the calendar year in which he attains age 70
1/2 and not receiving benefits, when the Participant retires, his benefit shall
be determined based on the greater of his continued accruals or the Actuarial
Equivalent of his deferred benefit as required under Section 401(a)(9)(C)(iii)
of the Code.

5.7.     Direct Rollovers to Eligible Retirement Plans

         (a)      At the election of a "distributee" who is eligible for a
distribution from the Plan that is an "eligible rollover distribution" the
Administrative Committee shall authorize the "direct rollover" of the
distributed amount from the Plan's Trust to an "eligible retirement plan."
Direct rollovers shall be made in accordance with procedures established by the
Administrative Committee conforming to the requirements of Section 401(a)(31) of
the Code and regulation thereunder. For purposes of this Section, the following
definitions shall apply:

         (b)      Eligible Rollover Distribution: An eligible rollover
distribution is any distribution of all or any portion of the balance to the
credit of the distributee otherwise due him under the terms of the Plan, except
that an eligible rollover distribution does not include: any distribution that
is one of, a series of substantially equal payments (not less frequently than
annually) made for the life (or life expectancy) of the distributee or the joint
lives (or life expectancies) of the distributee and the distributee's designated
Beneficiary or for a specified period of ten (10) years or more; any
distribution to the extent the distribution is required under Section 401(a)(9)
of the Code and the portion of any distribution that is not includible in gross
income (determined without regard to the exclusion for net unrealized
appreciation with respect to employer securities). Any amount that is
distributed on account of hardship shall not be an eligible rollover and the
distributee may not elect to have any portion of a distribution paid directly to
an eligible retirement plan.

                                      -20-

<PAGE>

         (c)      Eligible Retirement Plan: An eligible retirement plan is an
individual retirement account described in Section 408(a) of the Code (other
than a ROTH IRA), and individual retirement annuity described in Section 408(b)
of the Code, an annuity plan described in Section 403(a) of the Code, or a
qualified trust described in Section 401(a) of the Code, that accepts the
distributee's eligible rollover distribution. An eligible retirement plan shall
also mean an annuity contract described in Section 403(b) of the Code and an
eligible plan under Section 457(b) of the Code which is maintained by a state,
political subdivision of a state, or any agency or instrumentality of a state or
political subdivision of a state and which agrees to separately account for
amounts transferred into the plan from this Plan. The definition of eligible
retirement plan shall also apply in the case of a distribution to a surviving
spouse, or to a spouse or former spouse who is the alternate payee under a
qualified domestic relations order, as defined in Section 414(p) of the Code.

         (d)      Distribute: A distributee includes an Employee or former
Employee, in addition, the Employee's or former Employee's surviving spouse and
the Employee's or former Employee's spouse or former spouse as the alternate
payee under a qualified domestic relations order, as defined in Section 414(p)
of the Code, are distributees with regard to the interest of the spouse or
former spouse.

         (e)      Direct Rollover: A direct rollover is a payment by the plan to
the eligible retirement plan specified by the distributee.

5.8.     No Duplication of Benefits: There shall be no duplication of any
pension or other benefit payable under this Plan to any Participant or
beneficiary and of any pension under a similar plan maintained or contributed to
by the Employer, any Participating Affiliated Company or any Affiliated Company
or any predecessor thereof to the same individual, the amount of which is based,
in whole or in part on the same period of employment of an Employee with, or on
compensation from, the Employer, any Participating Affiliated Company, or any
Affiliated Company or any predecessor thereof, or both. In that case, an
appropriate adjustment (as determined by the Administrative Committee) shall be
made in the pension or other benefit otherwise payable hereunder to prevent any
duplication unless the other pension or other benefit is appropriately adjusted
or is clearly intended to supplement the benefits under this Plan. No pension or
other benefit shall be paid to any Participant, beneficiary or other person
under more than one Section of this Plan for the same period of time.

                                      -21-

<PAGE>

                                   ARTICLE VI

                                 Plan Financing

6.1.     Contributions: No contributions shall be required or permitted under
the Plan from any Participant The Employer shall make contributions in amounts
and at times as determined by the Board in accordance with a funding method and
policy to be established by the Administrative Committee as provided in Article
VII. Forfeitures arising under this Plan because of severance of Employment
before a Participant becomes eligible for a Pension, or for any other reason,
shall be applied to reduce the cost of the Plan, not to increase the benefits
otherwise payable to Participants.

6.2.     Trust Fund: All contributions made by the Employer under this Plan
shall be paid to the Trustee and deposited in the Trust Fund. Except as
otherwise provided in Section 10.5, all assets of the Trust Fund, including
investment income, shall be retained for the exclusive benefit of Participants
and their beneficiaries, shall be used to pay benefits to the persons or to pay
expenses, costs and fees incurred in the administration and operation of the
Plan and shall not revert to or inure to the benefit of the Employer.

6.3.     Contribution by Mistake of Fact: Notwithstanding anything herein to the
contrary, upon the Employer's request, a contribution which was made by mistake
of fact, or conditioned upon qualifications of the Plan or any amendment thereof
or upon deductibility of the contribution under Section 404 of the Code, shall
be returned to the Employer within one year after the payment of the
contribution, the denial of qualification or the disallowance of the deduction
(to the extent disallowed), whichever is applicable.

6.4.     Contributions Conditioned on Deductibility. Each contribution to the
Plan is specifically conditioned upon the deductibility of the contribution
under Section 404 of the Code.

                                      -22-

<PAGE>

                                  ARTICLE VII

                                 Administration

7.1.     Named Fiduciaries: The following persons shall be Named Fiduciaries
under the Plan and shall be the only Named Fiduciaries hereunder.

         (a)      The Trustee: Subject to the direction of the Administrative
Committee as set out hereinafter, the Trustee shall have exclusive authority and
discretion to manage and control the assets of the Trust Fund, as provided in
the Trust Agreement, and shall have no responsibilities other than those
provided in the Trust Agreement.

         (b)      Administrative Committee: The Administrative Committee shall
be the "Administrator," as that term is defined under Section 3(16)(A) of ERISA,
of the Plan. The Administrative Committee shall consist of at least three (3)
persons appointed by the Board.

7.2.     Responsibilities and Powers of Administrative Committee:

         (a)      The Administrative Committee shall have responsibility and
authority to control the operation and administration of the Plan in accordance
with the terms of the Plan, including, without limiting the generality of the
foregoing, (1) all functions assigned to the Pension Administrative Committee
under the terms of the Plan; (2) determination of benefit eligibility and amount
and certification thereof to the Trustee; (3) determination of any questions
arising in connection with the interpretation, application or administration of
the Plan (including any questions of fact relating to age, service, compensation
or eligibility of Employees); (4) hiring of persons to provide necessary
services to the Plan; (5) issuance of directions to Trustee to pay any fees,
taxes, charges or other costs incidental to the operation and management by the
Administrative Committee of the Plan; (6) issuance of directions to Trustee as
to Benefits to be paid to Participants; (7) issuance of directions to the
Trustee concerning the allocation, payment and distribution of all funds,
including interest thereon; (8) payment, if required by law, of insurance
premiums to the Pension Benefit Guaranty Corporation; (9) maintenance of all
records of the Plan other than those required to be maintained by the Trustee;
(10) issuance of directions to the Trustee as to the investment of the Plan
assets; (11) appointment of investment managers; and (12) issuance of directions
to the Trustee as to any other matter.

         (b)      The Administrative Committee's decisions and actions shall be
conclusive and binding upon any and all persons and parties;

         (c)      The Administrative Committee may provide by resolution that
any two (2) of its members may act for the Administrative Committee in all
matters clearly prescribed by the terms of the Plan or by the terms of any
administrative rules or interpretation of the Administrative Committee, and
otherwise the vote or consent of a majority of the members of the Administrative
Committee shall be required.

         (d)      The Administrative Committee shall establish the method and
policy of funding the Plan (hereinafter called "Funding Standards"). In
establishing the Funding Standards, the Administrative Committee shall employ
persons as it shall deem necessary to advise it concerning its responsibilities
hereunder. At the end of each calendar year or at other times as the Board may
request, the Administrative Committee shall advise the Board of the amount of
contribution necessary to properly fund the Plan for the year pursuant to the
Funding Standards and pursuant to the applicable law. The directions to the
Trustee may be made at any time and shall be made coincident with the delivery
of Employer contributions to the Trustee or Trustees or as soon thereafter as
possible.

         (e)      Members of the Administrative Committee shall serve without
compensation for their services in the administration and operation of the Plan
unless compensation therefor is fixed by the Board in its appointment of the
Administrative Committee or thereafter.

         (f)      The Administrative Committee shall enact rules and regulations
as it may deem proper and necessary to facilitate the carrying out of the Plan.

                                      -23-

<PAGE>

7.3.     Individual and Shared Responsibilities of Named Fiduciaries: This
Article VII is intended to allocate to each Named Fiduciary the individual
responsibility for the prudent execution of the functions assigned to him, and
none of the responsibilities or any other responsibility shall be shared by two
or more of the Named Fiduciaries unless the sharing shall be provided by a
specific provision of the Plan or the Trust Agreement. Whenever one Named
Fiduciary is required by the Plan or the Trust Agreement to follow the
directions of another Named Fiduciary, the two Named Fiduciaries shall not be
deemed to have been assigned a shared responsibility, but the responsibility of
the Named Fiduciary giving the directions shall be deemed his sole
responsibility, and the responsibility of the Named Fiduciary receiving those
directions shall be to follow them insofar as the instructions are on their face
proper under applicable law.

7.4.     Employment of Advisers: A Named Fiduciary may employ one or more
persons to render advice concerning any responsibility the Named Fiduciary has
under the Plan or Trust Agreement.

7.5.     Fiduciary in More Than One Capacity: Any person serving as a fiduciary
may serve in more than one fiduciary capacity.

7.6.     Power to Construe and Interpret Plan

         (a)      The Administrative Committee shall have the sole, absolute and
exclusive right, power, and discretionary authority to construe and interpret
the provisions of the Plan, and all parts thereof, and then administer the Plan
for the best interests of the Participants and Beneficiaries. It may construe
any ambiguity, or supply any omission, or reconcile any inconsistencies in the
manner and to the extent as it deems proper. The Administrative Committee shall
have further discretionary authority to determine all questions with respect to
the individual rights of the Employees under the Plan, including, but not by way
of limitation, all issues with respect to any Employee's or Beneficiary's
eligibility for Benefits and Employee's earnings, compensation base, Credited
Service and retirement, as may be reflected by the records of the Employer, and
any other information on which these decisions shall be based. It is the intent
of this Plan that any Court reviewing an action of the Administrative Committee
shall apply the arbitrary and capricious standard of review.

         (b)      The Administrative Committee shall be entitled to rely upon
all tables, valuations, certificates and reports furnished by the Actuary, upon
all certificates and reports made by any duly appointed accountant, and upon all
opinions given by any duly appointed legal counsel.

7.7.     Indemnity Agreement(a) Any person who is serving or who has served as a
member of the Administrative Committee and who, by reason of that service, is
entitled to indemnification pursuant to Article V of the Bylaws of the
Sponsoring Employer, shall be indemnified by the Sponsoring Employer to the
extent set forth in Article V of the Bylaws of the Sponsoring Employer,
provided, further, any person who is or was an employee or agent of the
Sponsoring Employer while so serving as a member of the Administrative
Committee, shall be indemnified by the Sponsoring Employer under the
circumstances and to the full extent set forth Article V of the Bylaws of the
Sponsoring Employer.

         (b)      The foregoing right of indemnification shall be in addition to
any other rights to which the members of the Administrative Committee may be
entitled as a matter of law.

7.8.     Costs: The assets of the Trust Fund shall be used to pay all expenses,
costs and fees of the Administrative Committee, the Plan and the Trust Fund to
the extent the expenses, costs and fees are not paid by the Employer.

7.9.     Application and Forms for Pension

         (a)      The Administrative Committee may require a Participant or
beneficiary to complete and file with the Administrative Committee an
Application for Pension and all other forms approved by the Administrative
Committee, and to furnish all pertinent information requested by the
Administrative Committee. The Administrative Committee may rely upon all
information so furnished it, including the Participant's current mailing
address.

                                      -24-

<PAGE>

7.10.    Claims Procedure

         (a)      If the claim of any person (the "Claimant") to all or any part
of any payment or benefit under this Plan shall be denied, the Administrative
Committee shall provide to the Claimant, within ninety (90) days after receipt
of the claim, a written notice setting forth:

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

                  (2)      the specific references to the pertinent Plan
         provisions on which the denial is based;

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

                  (4)      a description of the Plan's review procedures and the
         time limits applicable to those procedures, including a statement of
         the Claimant's right to bring a civil action under Section 502(a) of
         ERISA following an adverse decision on review by the Administrative
         Committee.

         (b)      If the Administrative Committee determines that special
circumstances require an extension of time beyond the initial ninety (90)-day
period, the Administrative Committee shall provide to the Claimant, within the
initial ninety (90)-day period, a written notice of the extension stating the
special circumstances requiring the extension and the date by which the
Administrative Committee expects to make its determination (which date will not
be later than ninety (90) days after the end of the initial ninety (90)-day
period).

         (c)      Within sixty (60) days after receipt of a notice of denial of
his claim for benefits, a Claimant may request, upon written application to the
Administrative Committee, a review by the Administrative Committee of its
decision denying the Claimant's claim. The Administrative Committee shall
provide the Claimant the opportunity to submit written comments, documents,
records and other information relating to his claim for benefits, and shall
provide the Claimant, upon request and free of charge, reasonable access to and
copies of pertinent documents. The Administrative Committee shall make a full
and fair review, and shall make its decision on review by taking into account
all comments, documents, records and other information submitted by the
Claimant, regardless of whether the comments, documents, records and other
information were considered by the Administrative Committee when it initially
denied the Claimant's claim for benefits.

         (d)      The Administrative Committee shall issue its decision on
review of a Claimant's denied claim for benefits within a reasonable period of
time, but not later than sixty (60) days after the Plan receives the Claimant's
request for a review. If the Administrative Committee determines that special
circumstances require an extension of time for processing a Claimant's review
request beyond the initial sixty (60)-day period, the Administrative Committee
shall provide the Claimant, within the initial sixty (60)-day period, a written
notice of the extension stating the special circumstances requiring the
extension and the date by which the Administrative Committee expects to make its
decision on review (which date will not be later than sixty (60) days after the
end of the initial sixty (60)-day period). If the Administrative Committee
grants an extension due to the Claimant's failure to submit information
necessary to decide a Claimant's claim, the period for making the decision on
review shall be tolled from the date on which the Administrative Committee sends
the notice of extension to the Claimant until the date on which the Claimant
responds to the request for additional information.

         (e)      The Administrative Committee shall notify a claimant of its
decision on review in writing, and if the decision is adverse, the notice shall
set forth:

                  (1)      the specific reasons for the decision;

                  (2)      the specific references to the pertinent Plan
         provisions on which the decision on review is based;

                  (3)      a statement that the Claimant is entitled to receive,
         upon request and free of charge, reasonable access to, and copies of,
         all documents and other information relevant to his claim for benefits;
         and

                                      -25-

<PAGE>

         (f)      a statement of the Claimant's right to bring a civil action
under Section 502(a) of ERISA.

                                      -26-

<PAGE>

                                  ARTICLE VIII

             Successor Employer and Merger or Consolidation of Plans

8.1.     Successor Employer: In the event of the dissolution, merger,
consolidation or reorganization of the Corporation, provision may be made by
which the Plan and Trust will be continued by the successor; and, in that event,
the successor shall be substituted for the Corporation under the Plan. The
substitution of the successor shall constitute an assumption of the Plan
liabilities by the successor and the successor shall have all the powers, duties
and responsibilities of the Corporation under the Plan.

8.2.     Plan Assets: In the event of any merger or consolidation of the Plan
with, or transfer in whole or in part of the assets and liabilities of the Trust
Fund to another trust fund held under any other plan of deferred compensation
maintained or to be established for the benefit of all or some of the
Participants of this Plan, the assets of the Trust Fund applicable to the
Participants shall be transferred to the other trust fund if:

         (a)      each Participant would (if either this Plan or the other plan
then terminated) receive a benefit immediately after the merger, consolidation
or transfer which is equal to or greater than the benefit he would have been
entitled to receive immediately before the merger, consolidation or transfer (if
this Plan had been terminated);

         (b)      resolutions of the Board and of any new or successor employer
of the affected Participants, shall authorize the transfer of assets; and, in
the case of the new or successor employer of the affected Participants, its
resolutions shall include an assumption of liabilities with respect to the
Participants' inclusion in the new employer's plan; and

         (c)      the other plan and trust are qualified under Sections 401(a)
and 501(a) of the Code.

                                      -27-

<PAGE>

                                   ARTICLE IX

        Restrictions on Benefits Payable to Highly Compensated Employees

         Notwithstanding any provisions of the Plan to the contrary, in
accordance with Section 411(d) of the Code and regulations thereunder, the
annual benefits paid to a Participant who is among the 25 highest paid highly
compensated employees or highly compensated former employees (within the meaning
of Section 414(q) of the Code and regulations thereunder) of the Employer and
Affiliated Companies for a Plan Year, or to a spouse or beneficiary with respect
to a Participant shall not exceed the amount payable annually if the
Participant's Accrued Benefit were paid in the form of a single life annuity.
The foregoing limitation shall not apply (a) if the value of benefits payable to
or with respect to the Participant is less than 1% of the Plan's current
liabilities (as defined in Section 412(l)(7) of the Code) or (b) if, after
payment of all benefits to or with respect to the Participant, the value of Plan
assets is at least 110% of the current' liabilities.

                                      -28-

<PAGE>

                                   ARTICLE X

                                Plan Termination

10.1.    Right to Terminate: In accordance with the procedures set forth in this
Article, the Corporation may terminate the Plan at any time. In the event of the
dissolution, merger, consolidation or reorganization at the Corporation, the
Plan shall terminate and the Trust Fund shall be liquidated unless the Plan is
continued by a successor to the Corporation in accordance with Section 8.1.
Subject to applicable requirements, if any, of ERISA governing termination of
employer pension benefit plans, the Corporation shall direct and require the
Trustee to liquidate the Trust Fund, or the applicable portion thereof, in
accordance with the provisions of this Article.

10.2.    Partial Termination: Upon termination of the Plan with respect to a
group of Participants which constitutes a Partial Termination of the Plan, the
Trustee shall allocate and segregate for the benefit of the Employees then or
theretofore employed by the Employer with respect to which the Plan is being
terminated the proportionate interest of the Participants in the Trust Fund. The
proportionate interest shall be determined by the Actuary. The Actuary shall
make this determination on the basis of the contributions made by the Employer,
the provisions of this Article and any other considerations as the Actuary deems
appropriate. The Named Fiduciaries shall have no responsibility with respect to
the determination of any proportionate interest. The funds so allocated and
segregated shall be used by the Trustee to pay benefits to or on behalf of
Participants in accordance with Section 10.3.

10.3.    Liquidation of Trust Fund: Upon termination of the Plan, or upon
termination of Employment of a group of Participants constituting a Partial
termination of the Plan, each Participant's Accrued Benefit, based on his
service, Credited Service and Compensation prior to the date of termination
shall become fully vested and nonforfeitable to the extent funded. The assets of
the Trust Fund, or the portion thereof segregated in accordance with Section
10.2, shall be liquidated (after provision is made for the expenses of
liquidation) by the payment or provision for the payment of benefits in the
following order of preference:

         (a)      Certain Benefits Payable Three Years Prior to Termination: The
available assets of the Trust Fund shall first be allocated to provide Pensions
that become payable three (3) or more years before the effective date of Plan
termination, or that could have become payable at the beginning of the three (3)
year period had the Participant not deferred the commencement of his Pension by
failing to elect earlier commencement, or that could have become payable had a
Participant's retirement occurred immediately prior to the beginning of the
three (3) year period, provided that

                  (i)      the portion of the Pension payable to a Participant
         or the Beneficiary of a Participant (or that could have been payable)
         shall be based on the provisions of the Plan in effect five (5) years
         prior to the effective date of Plan termination; and for this purpose,
         the first Plan Year in which an amendment becomes effective, or was
         adopted if later, shall constitute the first year an amendment was in
         effect; and provided further that,

                  (ii)     if the Pension payable under the Plan had been
         reduced, either by amendment or due to the form in which the Pension is
         being paid, during the three (3) year period ending on the effective
         date of Plan termination, then the lowest benefit in pay status during
         the three (3) year period shall be considered the Benefit in pay status
         for purposes of this category (a).

         (b)      Other Benefits Eligible for Termination Insurance: To the
extent that the amount of a Pension has not been provided in the foregoing
category (a), the remaining assets shall be allocated to provide any Pension
provided under the Plan for a Participant whose Employment terminated prior to
the effective date of Plan termination, or any immediate or deferred Pension
that would have been payable to or on behalf of a Participant had his Employment
terminated for a reason other than death on the effective date of Plan
termination, provided that the amount of a Pension to be provided under this
category (b) shall be determined as follows:

                  (i)      the portion of the Pension payable to a Participant
         or the Beneficiary of a Participant (or that could have been payable)
         based on the provisions of the Plan in effect five (5) years prior to
         the effective date of Plan termination; and for this purpose, the first
         Plan Year in which an amendment became effective, or was adopted if
         later, shall constitute the first year an amendment was in effect; plus

                                      -29-

<PAGE>

                  (ii)     the portion of the Pension payable to a Participant
         or the Beneficiary of a Participant which would have been included in
         (i) above had the Plan or a Plan amendment been in effect five (5)
         years prior to the effective date of Plan termination, determined as
         follows: twenty percent (20%) for each Plan Year (less than five) that
         the Plan or an amendment thereto was in effect, multiplied by the
         amount that would have been included under subparagraph (i) for the
         Participant or Beneficiary had the Plan or the amendment been in effect
         for five (5) Plan Years as of the effective date of Plan termination;
         provided that,

                  (iii)    no benefit payable under this category (b) to a
         Participant or Beneficiary shall exceed an amount with an actuarial
         value of a monthly Benefit in the form of a life only annuity
         commencing at age sixty-five (65) equal to Seven Hundred Fifty Dollars
         ($750.00) multiplied by a fraction, the numerator of which is the
         contributing and benefit base determined under Section 230 of the
         Social Security Act in effect at the effective date of Plan termination
         and the denominator of which is the contribution and benefit base in
         effect in calendar year 1974.

         (c)      Other Vested Benefits: To the extent that the amount of a
Pension has not been provided in the foregoing categories (a) and (b), the
remaining assets shall be allocated to provide the Benefit payable under the
Plan to or on behalf of a Participant whose employment terminated prior to the
effective date of Plan termination, or that would have been payable to or on
behalf of a Participant had his Employment terminated for a reason other than
death on the effective date of Plan termination, in the following order of
preference:

                  (i)      to any Participant who had retired prior to the
         effective date of Plan termination under either Section 4.1 or 4.3, or
         who was eligible to retire on the effective date of Plan termination
         under either of those Sections;

                  (ii)     to any Participant who had retired prior to the
         effective date of Plan termination under Section 4.2, or who was
         eligible to retire on the effective date of Plan termination under that
         Section; or

                  (iii)    to any Participant whose Employment had terminated
         prior to the effective date of Plan termination with entitlement to a
         deferred Vested Pension under Section 4.2, or who would have been
         eligible for a deferred Vested Pension under that Section as his
         Employment terminated on the effective date of Plan termination.

         (d)      Other Benefits: To the extent that the amount of a Pension has
not been provided in the foregoing categories (a), (b) and (c), the remaining
assets shall be allocated to provide the benefit accrued under the Plan, without
regard to the satisfaction of the Vesting requirements of this Plan, with
respect to each Participant whose Employment had not terminated as of the
effective date of Plan termination, according to the respective actuarial value
of each Participant's Accrued Benefit.

         (e)      If the assets of the Trust Fund applicable to any of the above
categories are insufficient to provide full benefits for all persons in the
group, the benefits otherwise payable to the persons shall be reduced
proportionately. The Actuary shall calculate the allocation of the assets of the
Trust Fund in accordance with the above priority categories, and certify his
calculations to the Fiduciaries. No liquidation of assets and payment of
benefits (or provision therefor) shall actually be made by the Trustee until
after it is advised by the Corporation in writing that applicable requirements,
if any, of ERISA governing termination of "Employee Pension Benefit Plans" have
been, or are being, complied with or that appropriate authorizations, waivers,
exemptions or variances have been, or are being, obtained.

         (f)      If applicable, the procedures regarding lost Participants
under Section 4050 of ERISA shall be followed.

10.4.    Manner of Distribution: Subject to the foregoing provisions of this
Article X, any distribution after termination of the Plan may be made, in whole
or in part, to the extent that no discrimination in value results, in cash, in
securities or other assets in kind, or in nontransferable annuity contracts, as
the Committee in its discretion shall determine.

                                      -30-

<PAGE>

10.5.    Residual Amounts: In no event shall the Employer receive any amounts
from the Trust Fund upon termination of the Plan, except that, and
notwithstanding any other provision of the Plan, the Employer shall receive the
amounts, if any, as may remain after the satisfaction of all liabilities of the
Plan and arising out of any variations between actual requirements and expected
actuarial requirements.

                                      -31-

<PAGE>

                                   ARTICLE XI

                                   Amendments

11.1.    No Consent Required to Modify: The Corporation may, through action of
the Board, without the consent of any party (except as provided in this Plan)
amend, change or modify this Plan at any time, subject to the limitations below
specified.

11.2.    No Amendment to Lessen Vested Interest: No amendment, alteration,
change or modification shall (a) vest in the Employer any right, title or
interest in or to the funds held hereunder, or (b) modify a vesting schedule
other than in compliance with Section 411(a)(10) of the Code. Except where
permitted by regulations issued by the Secretary of the Treasury, no amendment
shall be construed to have the effect of decreasing a Participant's accrued
benefit. A Plan amendment which has the effect of (1) eliminating or reducing a
subsidy or an early retirement benefit (as defined by regulations issued by the
Secretary of the Treasury), or (2) eliminating an optional form of benefit, with
respect to benefits attributable to service before the amendment, shall be
treated as reducing accrued benefits. In case of a retirement type subsidy, the
preceding sentence shall apply only with respect to a Participant who satisfies
(either before or after the amendment) the pre-amendment conditions for the
subsidy.

11.3.    Amendments to be in Writing: Any amendment of the provisions of this
instrument shall be evidenced by a written instrument. Notice of any amendment
shall be given to the Administrative Committee and the Trustee.

11.4.    When Consent of Trustee is Required: If any amendment or modification
affects the rights, duties, responsibilities or obligations of the Trustee
hereunder, the amendment or modification must be made with the consent of the
Trustee. In the event that the Trustee shall not give its consent to any
amendment or modification within ten (10) days from delivery of the amendment or
modification, the Trustee may be required to resign on thirty (30) days' written
notice.

11.5.    Effective Date: Any amendment to this Pension Plan shall become
effective at the time stated in the written instrument setting out the
amendment.

                                      -32-

<PAGE>

                                  ARTICLE XII

                                  Miscellaneous

12.1.    No Right to Employment: Nothing contained in this Pension Plan shall be
construed to give any Employee the right to be retained in the employ of the
Employer or to interfere with the right of the Employer to terminate the
Employment of any Employee at any time.

12.2.    Fund Sole Source of Pensions: All benefits provided under this Pension
Plan shall be payable by the Trustee as and when due from the Trust Fund upon
written instructions of the Administrative Committee. The Trust Fund shall be
the sole source of all Pensions or other benefits provided under this Pension
Plan and except as otherwise may be provided under Title IV of ERISA, the
Employer, its officers, directors and employees, nor any member of the
Administrative Committee, nor the Trustee as to its individual assets, shall be
liable or responsible therefor.

12.3.    Notice to be in Writing: Any notice, request, instructions or other
communications required to be given or made hereunder shall be made in writing
and either personally delivered to the person to whom addressed, or if to the
Employer, to its Secretary, as the case may be, or by deposit of the same in the
United States mail, fully postage paid and duly addressed to the person or
corporation at the last address for notice shown on the records of the
Administrative Committee; provided, that any notice, request, instruction or
other communication may be in accordance with the provisions of the Trust
Agreement adopted concurrently herewith shall be valid for all purposes.

12.4.    Employees may Inspect Plan Documents: A copy of the Pension Plan and
any and all future amendments thereto shall be available for inspection at all
reasonable times to all Employees at the office of the Employer at or out of
which the Employee is employed.

12.5.    Reliance on Information Furnished by Employee: The Employer, the Board,
the Administrative Committee, the Trustee and any other person involved in the
administration hereof, who shall act in reliance thereon shall be entitled to
rely upon any representation made or evidence furnished by any Employee in
respect to age or other facts required to be determined under any of the
provisions of the Pension Plan and shall not be liable on account of the payment
of any monies in reliance upon any representation or evidence which, upon being
made or furnished, shall be binding upon the Employee but not upon the Employer,
the Board, the Administrative Committee or the Trustee; but nothing herein
contained shall be construed to prevent the Employer, the Board, the
Administrative Committee or the Trustee from contesting any representation, or
to relieve the Employee from the duty of submitting additional satisfactory
proof of age or any other fact.

12.6.    Spendthrift Clause: Wherever and whenever it is provided in this Plan
for payments or distributions to be made, whether in money or otherwise, the
payments or distributions shall be made directly into the hands of the Employee
and not into the hands of any other, whether claiming by their authority or
otherwise, in such manner, that the payments or distributions shall not be
subject to anticipation or assignment or garnishment, attachment or execution or
levy of any kind, or be liable for any debts or obligations of the Employee,
provided, that deposit to the credit of an Employee in any bank or trust company
shall be deemed payment into his hands, and provided further that in the event
any person otherwise entitled to receive any payment or distribution shall be a
minor or an incompetent, the payment or distribution may be made to his guardian
or any other person in behalf of the payee in the sole discretion of the
Administrative Committee, or of the Trustee in the absence of specific
directions from the Administrative Committee. Notwithstanding the preceding
sentence, a judgment, order, decree or settlement in accordance with Section
401(a)(13)(C) of the Code shall be recognized.

12.7.    Law to Govern: Except as preempted by Federal law, this Pension Plan
and every provisions thereof shall be construed and its validity determined
according to the laws of the State of Kansas.

12.8.    Complete Agreement Clause: This Pension Plan and each and every
provision thereof shall be binding on the parties hereto and their respective
representatives, successors, heirs, executors, administrators and assigns and
upon all participating Employees, retired Employees, their Beneficiaries and
estates.

                                      -33-

<PAGE>

12.9.    Copies of This Plan as Originals: This Pension Plan may be executed in
any number of counterparts, each of which shall be deemed the original although
the others shall not be produced, and shall be binding on the respective
successors and assigns of the Employer.

12.10.   Effect of Delay in Payment of Benefit: Under no circumstances shall any
interest be payable on any Benefit, monthly Pension payment or cash settlement
payment by reason of non-payment on the due date, regardless of the lapse of
time before payment is actually made, and regardless of the reason for delay in
payment.

12.11.   Qualified Domestic Relations Orders: Notwithstanding any provision
contained herein, nothing shall prevent the Plan from paying any benefit
pursuant to a "Qualified Domestic Relations Order," as defined in Section 414
(p) of the Code. Upon receiving a Qualified Domestic Relations Order, the
Administrative Committee shall notify the Participant affected and any other
alternate payee as required by law. The Administrative Committee shall also
determine whether any order received is a Qualified Domestic Relations Order.
Any payment made pursuant to a Qualified Domestic Relations order shall reduce
the Accrued Benefit of the affected Participant and any present value
calculation necessary to determine the reduction of Accrued Benefit shall use
the interest rate specified in the definition of Actuarial Equivalent.

                                      -34-

<PAGE>

                                  ARTICLE XIII

                  Admission to the Plan of Affiliated Companies

13.1.    Method of Adoption: Any corporation now or hereafter becoming an
Affiliated Company of the Corporation, may at any time become a Participating
Affiliated Company by executing a formal written adoption of the Plan and the
Trust Agreement thereunder, on the following terms and conditions.

13.2.    Definition of "Employer": A Participating Affiliated Company shall be
"the Employer" with respect to its eligible employees, and each eligible
employee shall be an "Employee" with respect to his employer, as those terms are
used in the Plan, except as otherwise provided in this Article XIII.

         (a)      The "effective date" of the Plan as to the Participating
Affiliated Company and its eligible employees shall be the first day of the
calendar month during which the Participating Affiliated Company adopts the Plan
or, if so provided in the adoption, the first day of any preceding calendar
month during the same calendar year, or at any other time agreed to by the
Participating Affiliated Company and the Corporation.

         (b)      All eligible employees of the Participating Affiliated Company
employed at the date of adoption or thereafter shall, if eligible, be
Participants under the Plan and shall submit to the Administrative Committee in
writing the information (age, etc.) necessary to determine their rights and to
make the actuarial determinations under the Plan.

         (c)      No provision of the Plan with respect to past service or Past
Service Unit Credit or Employer contributions with respect thereto shall apply
to a Participating Affiliated Company or its eligible or participating or
retired employees, and Annual Unit Credits will accumulate only with respect to
service after the effective date, but the Participating Affiliated Company may,
if so provided in the adoption, make or otherwise provide for the payment of the
entire contribution to the Trust necessary to fund that portion of the first
Annual Unit Credit (or partial Annual Unit Credit if the effective date is not
January 1st) applicable to the period from the effective date to the first day
of the calendar month following the date of adoption of the Plan.

         (d)      The provisions of this Article XIII shall apply to each
Employer and its respective employees separately, and if an Employer terminates
the Plan as to it under Article X, the actuary shall prorate the Trust Fund as
of the date of termination using sound actuarial and accounting practices and
segregate the portion of the Trust Fund applicable to the terminating Employer
and its participating and retired employees. References to "the Trust Fund" in
Article X shall refer to the segregated portion of the Fund.

         (e)      A Participating Affiliated Company that ceases to be an
Affiliated Company by reason of the sale by the Corporation of the Participating
Affiliated Company's stock shall cease to be a Participating Affiliated Company
on the date of the stock sale

                                      -35-

<PAGE>

                                  ARTICLE XIV

                                Multiple Trustees

14.1.    Multiple Trustees: The Employer may adopt Trust Agreements with two or
more Trustees of similar import and effect to the existing Trust Agreement into
which Employer contributions may be made and from which benefits may be paid in
accordance with the terms, provisions and conditions of this Pension Plan and
the Trust Agreement.

14.2.    Single Fund: If and when multiple Trustees are serving under the Plan,
the aggregate of the Trust Funds held and administered by all Trustees shall,
for the purposes of benefits under the Plan, constitute a single Trust Fund.
Employer annual contributions may be made to either or any Trustee with respect
to its fund, or part to two or more Trustees.

14.3.    Transfer of Assets From One Trustee to Another: The Administrative
Committee may direct any Trustee to transfer specified fund assets to another
Trustee if needed to make pension or other required payments; and the Employer
may on thirty (30) days' written notice direct transfer of specified fund assets
to another Trustee for investment, management and disbursement under the Plan.

14.4.    Termination: If the Plan is terminated when multiple Trustees are
serving, each Trustee (except the one first appointed) shall promptly transfer
its fund assets to the Trustee designated by Employer, who shall carry out the
Trustee obligations under Article X of the Plan relating to liquidation on
termination.

                                      -36-

<PAGE>

                                   ARTICLE XV

                    Tax Equity and Fiscal Responsibility Act
                          of 1982/Top-Heavy Provisions

15.1.    Application The provisions of this Article XVI shall only be applicable
if the Plan becomes "top-heavy" (as defined in Section 416(g) of the Code)
aggregating this Plan and all other qualified plans maintained by the Employer,
i.e., generally, if 60% or more of the aggregate present value of the Accrued
Benefits of participants of this Plan and the accounts of Participants in the
defined contribution plans as of any "determination date" (as defined in Section
416(g)(4) of the Code), i.e., the December 31 beginning as of December 31, 1983,
is attributable to "key employees" (as defined in Section 416(i) (1) of the
Code). The actuarial assumptions used to determine the aggregate present value
of Accrued Benefits for this purpose shall be the funding assumptions then in
effect. If the Plan becomes "top-heavy" as of any determination date, then
effective in the next succeeding Plan Year, the provisions of this Article XVI
shall apply.

         (b)      The present values of accrued benefits and the amounts of
account balances of an Employee as of the determination date shall be increased
by the distributions made with respect to the Employee under the Plan and any
plan aggregated with the Plan under Section 416(g)(2) of the Code during the
one-year period ending on the determination date. The preceding sentence shall
also apply to distributions under a terminated plan which, had it not been
terminated, would have been aggregated with the plan under Section
416(g)(2)(A)(i) of the Code. In the case of a distribution made for a reason
other than separation from service, death, or disability, this provision shall
be applied by substituting "five-year period" for "one-year period."

         (c)      Benefits will not be taken into account in determining the
top-heavy ratio for any Employee who has not performed services for the Employer
during the last one-year period ending upon the determination date.

         (d)      The Accrued Benefit of a Participant other than a key employee
shall be determined under (1) the method, if any, that uniformly applies for
accrual purposes under all defined benefit plans maintained by the Employer, or
(2) if there is no method, as if the benefit accrued not more rapidly than the
slowest accrual rate permitted under the fractional rule of Section 411(b)(1)(C)
of the Code.

15.2.    Special Vesting Rule: Notwithstanding the provisions of Section 4.2
hereof to the contrary, a Participant shall be fully vested in his Accrued
Benefit or minimum accrued benefit upon the accrual of six years of Vesting
Service and shall be partially vested after accrual of two years of Vesting
Service as determined in accordance with the following schedule:

<TABLE>
<CAPTION>
Years of Vesting Service     Vesting Percentage
------------------------     ------------------
<S>                          <C>
   Less than 2 years                 0%
   2 years                          20%
   3 years                          40%
   4 years                          60%
   5 years                         100%
</TABLE>

15.3.    Special Minimum Benefit: Notwithstanding the provisions of Section
2.1(b) and/or Section 4.4 hereof to the contrary, each Active Participant of the
Plan who is not a "key employee" (as defined in Section 416(i) of the Internal
Revenue Code) shall be entitled to a minimum accrued monthly benefit equal to
(i) the amount otherwise provided by this Plan or (ii) one-twelfth (1/12) of two
percent (2%) of the Participant's Average Final Compensation multiplied by his
years of Credited Service up to ten (10) years after 1983 for each Plan Year in
which the Plan was "top-heavy" (as defined in Section 416 of the Internal
Revenue Code), and benefits (within the meaning of Section 410(b) of the Code)
at least one (1) key employee or former key employee, whichever is greater. For
purposes of satisfying the minimum benefit requirements of Section 416(c)(1) of
the Code and the Plan, in determining Credited Service with the Employer, any
service with the Employer shall be disregarded to the extent that the service
occurs during a Plan Year when the Plan benefits (within the meaning of Section
410(b) of the Code) no key employee or former key employee.

                                      -37-

<PAGE>

15.4.    Prohibited Distributions: Notwithstanding any provisions contained
herein to the contrary, in no event shall a "key employee" Participant's
distribution from the Plan commence (or Plan benefit otherwise be paid) before
he reaches age 59-1/2 unless the Participant acknowledges, in writing, that he
is either going to rollover the distribution to an Individual Retirement Plan or
he understands that the distribution is subject to a 10% tax penalty.

15.5.    Key Employee Defined(a) The term "key employee" means any Employee or
former Employee (including any deceased Employee) who at any time during the
Plan Year that includes the determination date was (i) an officer of the
Employer having an annual compensation greater than one hundred thirty thousand
dollars ($130,000) (as adjusted under Section 416(i)(1) of the Code for Plan
Years beginning after December 31, 2002), (ii) a 5% owner of the Employer, or
(iii) a 1% owner of the Employer having an annual compensation in any Plan Year
of more than One Hundred and Fifty Thousand Dollars ($150,000).

         (b)      For purposes of (a) above, "annual compensation" means
compensation as defined in Section 415(c)(3) of the Code. The determination of
who is a key employee will be made in accordance with Code Section 416(i)(1) and
the regulations thereunder.

                                      -38-<PAGE>

                                                                   EXHIBIT 10.28

                                  3/5/04 DRAFT

                            ROADWAY LLC PENSION PLAN

               (Amended and Restated Effective December 11, 2003)

<PAGE>

                            ROADWAY LLC PENSION PLAN

               (Amended and Restated Effective December 11, 2003)

                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                                                      PAGE
                                                                                                      ----
<S>                                                                                                   <C>
ARTICLE I PRELIMINARY MATTERS....................................................................       1
         1.1.     Discretionary Powers...........................................................       1
         1.2.     Construction...................................................................       1

ARTICLE II DEFINITIONS...........................................................................       2
         2.1.     Generally......................................................................       2
         2.2.     Accrued Benefit................................................................       2
         2.3.     Actuarial (or Actuarially) Equivalent..........................................       2
         2.4.     Actuary........................................................................       2
         2.5.     Average Annual Compensation....................................................       2
         2.6.     Beneficiary....................................................................       3
         2.7.     Board of Directors.............................................................       3
         2.8.     Capped Participant.............................................................       3
         2.9.     Code...........................................................................       3
         2.10.    Committee or Administrative Committee..........................................       3
         2.11.    Company........................................................................       3
         2.12.    Compensation...................................................................       3
         2.13.    Controlled Group...............................................................       4
         2.14.    Controlled Group Member........................................................       4
         2.15.    Covered Employee...............................................................       4
         2.16.    Death Beneficiary..............................................................       4
         2.17.    Earliest Retirement Age........................................................       4
         2.18.    Effective Date.................................................................       5
         2.19.    Eligible Employee..............................................................       5
         2.20.    Eligible Rollover Distribution.................................................       5
         2.21.    Employee.......................................................................       5
         2.22.    Employer.......................................................................       5
         2.23.    Employment Commencement Date...................................................       6
         2.24.    ERISA..........................................................................       6
         2.25.    Exempt Participant.............................................................       6
         2.26.    Fiduciary......................................................................       6
         2.27.    Final Average Annual Compensation..............................................       6
         2.28.    Highly Compensated Employee....................................................       6
         2.29.    Hour of Service................................................................       7
         2.30.    Instrument of Adoption.........................................................       7
         2.31.    Named Fiduciary................................................................       7
         2.32.    Non-Exempt Participant.........................................................       7
         2.33.    Normal Retirement Date.........................................................       7
         2.34.    1-Year Break in Service........................................................       7
         2.35.    Participant....................................................................       8
         2.36.    Pension Commencement Date......................................................       8
         2.37.    Period of Service..............................................................       8
         2.38.    Period of Severance and Severance Date.........................................       9
         2.39.    Plan...........................................................................       9
         2.40.    Plan Administrator.............................................................       9
         2.41.    Plan Year......................................................................      10
         2.42.    Predecessor Employer...........................................................      10
         2.43.    Prior Plan.....................................................................      10
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                                                                      PAGE
                                                                                                      ----
<S>                                                                                                   <C>
         2.44.    Qualified Joint and Survivor Annuity...........................................      10
         2.45.    Qualified Pre-retirement Survivor Annuity......................................      10
         2.46.    Reemployment Commencement Date.................................................      10
         2.47.    Retired Participant............................................................      10
         2.48.    Service........................................................................      10
         2.49.    Social Security Retirement Age.................................................      10
         2.50.    Spouse.........................................................................      10
         2.51.    Temporary or Casual Employee...................................................      11
         2.52.    Trust..........................................................................      11
         2.53.    Trust Agreement................................................................      11
         2.54.    Trust Fund.....................................................................      11
         2.55.    Trustee........................................................................      11
         2.56.    Year of Service................................................................      11

ARTICLE III ELIGIBILITY AND PARTICIPATION........................................................      13
         3.1.     Conditions of Eligibility......................................................      13
         3.2.     Duration of Participation......................................................      13
         3.3.     Loaned Participants............................................................      13
         3.4.     No Commencement of Participation After December 31, 2003.......................      13

ARTICLE IV BENEFITS..............................................................................      14
         4.1.     Normal Retirement Benefit......................................................      14
         4.2.     Early Retirement Benefit.......................................................      16
         4.3.     Disability Retirement Benefit..................................................      17
         4.4.     Termination Prior to Retirement................................................      18
         4.5.     Surviving Spouse Benefit.......................................................      19
         4.6.     Qualified Pre-retirement Survivor Annuity......................................      19
         4.7.     No Duplication of Benefits.....................................................      21
         4.8.     Benefit Adjustment for Military Service........................................      21
         4.9.     Provision Pursuant to Internal Revenue Code Section 415(b).....................      22
         4.10.    Provision Pursuant to Internal Revenue Code Section 415(e).....................      23
         4.11.    Other Internal Revenue Code Section 415 Provisions.............................      24
         4.12.    Forfeitures....................................................................      24

ARTICLE V FORM AND PAYMENT OF BENEFITS...........................................................      25
         5.1.     Application for Pensions.......................................................      25
         5.2.     Normal Form of Payment (Including Qualified Joint and Survivor Annuity)........      25
         5.3.     Optional Forms of Benefits.....................................................      27
         5.4.     Optional Forms - General.......................................................      29
         5.5.     Immediate Distributions........................................................      29
         5.6.     Payment of Pensions............................................................      29
         5.7.     Reemployment of Retired Participants...........................................      30
         5.8.     Latest Time for Distribution...................................................      31
         5.9.     Provision Pursuant to Internal Revenue Code Section 401(a)(15).................      32

ARTICLE VI EMPLOYER CONTRIBUTIONS................................................................      33
         6.1.     No Contributions by Employees..................................................      33
         6.2.     Contributions to the Trust Fund................................................      33
         6.3.     Return of Contributions to Employers...........................................      33
         6.4.     Funding Policy.................................................................      33
         6.5.     No Duty to Enforce Payment.....................................................      33

ARTICLE VII ADMINISTRATION OF THE PLAN AND FIDUCIARY RESPONSIBILITIES............................      34
         7.1.     Responsibility for Administration..............................................      34
         7.2.     Named Fiduciaries..............................................................      34
         7.3.     Delegation of Fiduciary Responsibilities.......................................      34
</TABLE>

                                       ii

<PAGE>

<TABLE>
<CAPTION>
                                                                                                      PAGE
                                                                                                      ----
<S>                                                                                                   <C>
         7.4.     Immunities.....................................................................      34
         7.5.     Limitation on Exculpatory Provisions...........................................      35
         7.6.     Administrative Committee - Organization........................................      35
         7.7.     Compensation...................................................................      35
         7.8.     Qualification..................................................................      35
         7.9.     Interpretation of the Plan and Findings of Facts...............................      35
         7.10.    Operation of the Committee.....................................................      35
         7.11.    Correction of Errors...........................................................      36

ARTICLE VIII CLAIMS PROCEDURES...................................................................      37
         8.1.     Claims.........................................................................      37
         8.2.     Review of Claims...............................................................      37
         8.3.     Delegation of Committee's Duties...............................................      38

ARTICLE IX AMENDMENT AND TERMINATION.............................................................      39
         9.1.     Right to Amend or Terminate....................................................      39
         9.2.     Procedure for Termination or Amendment.........................................      39
         9.3.     Distribution Upon Termination..................................................      39
         9.4.     Amendment Changing Vesting Schedule............................................      39
         9.5.     Nonforfeitable Amounts.........................................................      39
         9.6.     Prohibition on Decreasing Accrued Benefits.....................................      40

ARTICLE X LIMITATION ON BENEFITS OF CERTAIN PARTICIPANTS.........................................      41
         10.1.    Restriction of Benefits on Plan Termination....................................      41
         10.2.    Restriction on Plan Distribution...............................................      41
         10.3.    Miscellaneous Provisions.......................................................      41

ARTICLE XI MISCELLANEOUS.........................................................................      42
         11.1.    Employment Not Affected........................................................      42
         11.2.    Inalienability.................................................................      42
         11.3.    Incapacity to Receive Payment..................................................      42
         11.4.    Unclaimed Benefits.............................................................      42
         11.5.    Dissolution, Merger or Consolidation of the Company............................      42
         11.6.    Action by the Company..........................................................      43
         11.7.    Limitation to Rights Created Under the Plan....................................      43
         11.8.    Recourse Against Officers, Directors or Stockholders...........................      43
         11.9.    Interpretation.................................................................      43
         11.10.   Severability...................................................................      43
         11.11.   Counterparts...................................................................      43
         11.12.   Plan Merger or Transfer of Assets..............................................      43
         11.13.   Indemnification................................................................      43
         11.14.   Service of Process/Necessary Parties...........................................      44
         11.15.   EGTRRA.........................................................................      44

ARTICLE XII ADOPTION OF PLAN BY CONTROLLED GROUP MEMBERS.........................................      45
         12.1.    Adoption Procedure.............................................................      45
         12.2.    Effect of Adoption by a Controlled Group Member................................      45
         12.3.    Withdrawal of an Employer......................................................      45

ARTICLE XIII TOP-HEAVY PLAN PROVISIONS...........................................................      46
         13.1.    Definitions....................................................................      46
         13.2.    Determination of Top-Heavy Status..............................................      47
         13.3.    Determination of Extra Top-Heavy Status  Effective prior to January 1, 2000,...      47
         13.4.    Top-Heavy Plan Requirements....................................................      48
         13.5.    Minimum Vesting Requirement....................................................      48
         13.6.    Minimum Benefit Requirement....................................................      48
</TABLE>

                                      iii

<PAGE>

<TABLE>
<CAPTION>
                                                                                                      PAGE
                                                                                                      ----
<S>                                                                                                   <C>
         13.7.    Adjustment to Maximum Benefits and Allocations.................................      49
         13.8.    Coordination With Other Plans..................................................      49
         13.9.    Certain Changes Effective January 1, 2002......................................      49

ARTICLE XIV TRANSFERS OF EMPLOYMENT STATUS.......................................................      51
         14.1.    Transfer from Non-Exempt Status to Exempt Status...............................      51
         14.2.    Transfer from Exempt Status to Non-Exempt Status...............................      51
         14.3.    Re-hire of Non-Exempt Participants on or after January 1, 2000.................      51
         14.4.    Transfer from Non-Exempt Status to Union Status................................      51
         14.5.    Transfer from Exempt Status to Union Status....................................      52
         14.6.    Transfer from Union Status to Non-Union Status.................................      52
</TABLE>

                                       iv

<PAGE>

                            ROADWAY LLC PENSION PLAN

               (Amended and Restated Effective December 11, 2003)

                  THIS PLAN is amended and restated this __ day of March, 2004
to be effective as of December 11, 2003 by Yellow Roadway Corporation, a
Delaware corporation.

                  As a result of the acquisition of Roadway Corporation (the
former Plan sponsor) by Yellow Roadway Corporation effective December 11, 2003,
Roadway Corporation merged with and into Yankee, LLC, a Delaware corporation and
wholly owned subsidiary of Yellow Roadway Corporation, changed its name to
"Roadway LLC," and transferred sponsorship of the Plan to Yellow Roadway
Corporation.

                  Yellow Roadway Corporation hereby adopts this amended and
restated Plan, effective December 11, 2003, which, among other things, changes
the name of the Plan to the "Roadway LLC Pension Plan" and, effective January 1,
2004, limits participation in the Plan to those Employees described in Section
3.4(d) of the Plan.

                  This amendment and restatement of the Plan is effective
December 11, 2003. However, certain provisions of this amendment and restatement
of the Plan are effective as of some other date. The provisions of this
amendment and restatement of the Plan which are effective prior to December 11,
2003 shall be deemed to amend the corresponding provisions of the Plan as in
effect before this amendment and restatement and all amendments thereto. Events
occurring before the applicable effective date of any provision of this
amendment and restatement of the Plan shall be governed by the applicable
provision of the Plan in effect on the date of the event.

<PAGE>

                                   ARTICLE I

                               PRELIMINARY MATTERS

         1.1.     Discretionary Powers

                  All discretionary powers granted hereunder shall be exercised
in a uniform, nondiscriminatory manner.

         1.2.     Construction

                  (a)      Unless the context otherwise indicates, the masculine
wherever used herein shall include the feminine and neuter, the singular shall
include the plural and words such as "herein," "hereof," "hereby," "hereunder"
and words of similar import refer to the Plan as a whole and not to any
particular part thereof.

                  (b)      Wherever the word "person" appears in the Plan, it
shall refer to both natural and legal persons.

                  (c)      A number of the provisions of the Plan are designed
to contain provisions required or contemplated by certain federal laws and/or
regulations thereunder. All such provisions are intended to have the meaning
required or contemplated by such provisions of such law or regulations and shall
be construed in accordance with valid regulations and valid published
governmental rulings and interpretations of such provisions. In applying such
provisions of the Plan, each Fiduciary may rely (and shall be protected in
relying) on any determination or ruling made by any agency of the United States
Government that has authority to issue regulations, rulings or determinations
with respect to the federal law thus involved.

<PAGE>

                                   ARTICLE II

                                   DEFINITIONS

         2.1.     Generally

                  The following terms, when used with initial capital letters,
unless the context clearly indicates otherwise, shall have the following
respective meanings.

         2.2.     Accrued Benefit

                  "Accrued Benefit" means the amount of a pension to which a
Participant is entitled under the terms of the Plan on any date (determined
without regard to vesting requirements) expressed as an annual benefit payable
in the form of a single life annuity (without ancillary benefits) commencing on
the Participant's Normal Retirement Date.

         2.3.     Actuarial (or Actuarially) Equivalent

                  (a)      "Actuarial Equivalent" means a benefit of equivalent
actuarial value when computed on the basis of the actuarial factors, assumptions
and procedures approved from time to time by the Committee upon the advice of
the Actuary.

                  (b)      Except as provided in Subsection (c) of this Section,
Actuarially Equivalent benefits under the Plan shall be determined using the
UP-1984 Table and an interest rate of five percent (5%) per annum, compounded
annually.

                  (c)      For determinations involving lump sum equivalents:
(i) the Applicable Interest Rate to be used for distributions (x) made prior to
January 1, 2000 shall be the annual rate of interest on thirty (30) year
Treasury securities for the November before the Plan Year in which the
Participant's Pension Commencement Date occurs; (y) made during the period
commencing on January 1, 2000 and ending on March 31, 2001 shall be the lesser
of the annual rate of interest on thirty (30) year Treasury securities for the
November before the Plan Year in which the Participant's Pension Commencement
Date occurs or the annual rate of interest on thirty (30) year Treasury
securities for the August before the Plan Year in which the Participant's
Pension Commencement Date occurs; and (z) after March 31, 2001 shall be the
annual rate of interest on thirty (30) year Treasury securities for the August
before the Plan Year in which the Participant's Pension Commencement Date
occurs; and (ii) the Applicable Mortality Table to be used shall be the
mortality table prescribed by the Secretary of the Treasury pursuant to Code
Section 417(e)(3)(A)(ii)(I).

         2.4.     Actuary

                  "Actuary" means an individual actuary who is an enrolled
actuary under the provisions of ERISA Section 3042 or a firm of actuaries, at
least one of whose members is such an enrolled actuary, which individual or firm
is selected from time to time by the Committee to provide actuarial services in
connection with the Plan.

         2.5.     Average Annual Compensation

                  (a)      "Average Annual Compensation" means the annual
average of Compensation received by a Participant from an Employer during the
final two hundred forty (240) consecutive months in which he is a Covered
Employee. Notwithstanding the foregoing, for purposes of determining a
Participant's Average Annual Compensation, (i) the annual average of
Compensation received by a Participant from an Employer during the 1980 through
1984 calendar years in which he was a Covered Employee shall be treated as his
Compensation for each calendar year prior to the 1980 calendar year, and (ii) no
period during which a Participant is on a leave of absence and receives less
than 100% of his basic rate of Compensation shall be considered.

                  (b)      For purposes of determining the Compensation that
applies to a particular month, the following rules shall apply: (i) if the
latest months considered equal only a portion of a calendar year, the actual
Compensation for those months will be used, (ii) if any months considered equal
an entire calendar year, the actual

                                       2

<PAGE>

Compensation for that year will be used, and (iii) if the earliest months
considered equal only a portion of a calendar year, a proration of the
Compensation for that year will be used, based on the number of months under
consideration.

                  (c)      For purposes of determining a Participant's Average
Annual Compensation, to the extent necessary, months and "compensation" (as
defined in the Prior Plan) attributable to periods prior to January 1, 1996,
while the Participant was a "covered employee" under the Prior Plan (as defined
in the Prior Plan) shall be taken into account.

         2.6.     Beneficiary

                  "Beneficiary" means the Participant's Death Beneficiary or any
other person entitled to receive benefits under this Plan by reason of a
Participant's death.

         2.7.     Board of Directors

                  "Board of Directors" means the Board of Directors, or the
Compensation Committee of the Board of Directors, of the Company.

         2.8.     Capped Participant

                  "Capped Participant" means a Participant who was a Covered
Employee on December 31, 1993 under the Prior Plan and whose Accrued Benefit
under the Prior Plan as of December 31, 1993 is based on Compensation in excess
of the limitation set forth in Code Section 401(a)(17) as in effect on the day
after such date.

         2.9.     Code

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

         2.10.    Committee or Administrative Committee

                  "Committee" or "Administrative Committee" means the committee
established by the Board of Directors under Section 7.6 to administer the Plan.
The Committee shall be a Named Fiduciary hereunder and, effective as of January
1, 2003, the Plan Administrator.

         2.11.    Company

                  "Company" means Roadway Corporation, a Delaware corporation.
For periods prior to January 1, 2003, the Company shall be the Plan
Administrator and a Named Fiduciary hereunder. Effective December 11, 2003, the
term "Company" means Yellow Roadway Corporation, a Delaware corporation.

         2.12.    Compensation

                  (a)      "Compensation" means the base pay of an Employee paid
by the Controlled Group in a calendar year plus overtime compensation, cash
incentive compensation and vacation compensation paid to that Employee, but
excluding (i) any payments of cash incentive compensation made after the
calendar year of the Employee's termination of employment with the Controlled
Group, (ii) payments of vacation compensation made after the Employee's
termination of employment with the Controlled Group to an Employee who is not
entitled to a retirement benefit pursuant to Section 4.1 or 4.2, (iii) effective
as of January 1, 2000, payments pursuant to the Century Bonus Program, (iv)
payments pursuant to a tax equalization, relocation or cost of living program,
an expatriate program or any similar programs or arrangements and (v) other
extra or contingent compensation including signing bonuses. Notwithstanding the
foregoing, Compensation shall include any pay that would have been paid to such
Employee had he not signed a salary deferral agreement that satisfies the
requirements of Code Section 401(k), 125, 129 or 132(f).

                  (b)      Notwithstanding the foregoing, Compensation of any
Employee taken into account for any purpose for any Plan Year shall not exceed
(i) One Hundred Fifty Thousand Dollars ($150,000) for Plan Years

                                       3

<PAGE>

beginning before January 1, 2002, or (ii) Two Hundred Thousand Dollars
($200,000) for Plan Years beginning on and after January 1, 2002, as adjusted by
the Secretary of the Treasury for increases in the cost of living in accordance
with Code Section 401(a)(17). In applying the Code Section 401(a)(17) limit for
all Plan Years up to and including the 1993 Plan Year, the Code Section
401(a)(17) limit in effect during the Year of calculation shall be applied for
all purposes when calculating a Participant's Accrued Benefit. In determining
benefit accruals in Plan Years beginning on and after January 1, 2002, the
foregoing compensation limit in this Section 2.12(b) for Plan Years beginning
after December 31, 1993 and before January 1, 2002 shall be Two Hundred Thousand
Dollars ($200,000).

         2.13.    Controlled Group

                  "Controlled Group" means the Company and any and all other
corporations, trades and/or businesses, the employees of which, together with
employees of the Company, are required by Code Section 414 to be treated as if
they were employed by a single employer. For purposes of Sections 4.9 and 4.10,
"Controlled Group" shall be interpreted in accordance with Code Section 415(h).

         2.14.    Controlled Group Member

                  "Controlled Group Member" means each corporation or
unincorporated trade or business that is or was a member of the Controlled
Group, but only during such period as it is or was such a member of the
Controlled Group.

         2.15.    Covered Employee

                  "Covered Employee" means any Employee of an Employer who is
compensated on a salaried or hourly-rated basis and who is in a class or group
to which the Employer has extended eligibility for participation in the Plan,
excluding, however, any Employee who (a) is included in a collective bargaining
unit (either directly or through an employer's association) unless the
collective bargaining agreement expressly provides that the Employee is to be
eligible under the Plan, (b) is a non-resident alien (other than an alien who is
only temporarily located outside of the United States), or (c) is a leased
employee (as defined in Section 2.21).

         2.16.    Death Beneficiary

                  "Death Beneficiary" means the person or persons designated by
a Participant as his Death Beneficiary under the Plan by written instrument
signed by the Participant and filed, before the Participant's death, with the
Plan Administrator. Such designation may be revoked or changed (without the
consent of any previously designated Death Beneficiary, except as expressly
provided in this Section) only by a written instrument (in the form provided by
the Plan Administrator) signed by the Participant and filed with the Plan
Administrator before the Participant's death. A designation by a married
Participant of a person other than his Spouse as Death Beneficiary shall not
take effect unless the Participant's Spouse consents in writing thereto. A
Spouse's consent required by this Section shall (a) be signed by the Spouse, (b)
acknowledge the effect of such consent, (c) be witnessed by a notary public, (d)
be effective only with respect to such Spouse and (e) designate a Death
Beneficiary that cannot be changed without spousal consent. Such consent is not
required if it is established to the satisfaction of the Committee that the
consent cannot be obtained because there is no Spouse, because the Spouse cannot
be located, or because of such other circumstances as the Secretary of the
Treasury may prescribe by regulations. In default of such a designation and at
any other time when there is no existing Death Beneficiary designated by the
Participant, his Death Beneficiary shall be determined by the Committee in the
following order: his Spouse, if still living at the date of the Participant's
death, and, if the Spouse is not living, then his estate. If a person designated
by a Participant as his Death Beneficiary ceases to exist prior to or on the
date of the Participant's death, the Death Beneficiary shall not be entitled to
any part of any payment thereafter to be made to the Participant's Death
Beneficiary unless the Participant's designation specifically provides to the
contrary.

         2.17.    Earliest Retirement Age

                  "Earliest Retirement Age" means the first date on which a
Participant is entitled to receive a pension hereunder, or would be entitled to
receive a pension hereunder if he terminated employment with the

                                       4

<PAGE>

Controlled Group or retired on or before such date, assuming, in the case of a
deceased Participant, that he had not died.

         2.18.    Effective Date

                  "Effective Date" means January 1, 1996. The effective date of
this amendment and restatement of the Plan is December 11, 2003.

         2.19.    Eligible Employee

                  "Eligible Employee" means an Employee who is eligible for
participation in the Plan in accordance with Article III.

         2.20.    Eligible Rollover Distribution

                  "Eligible Rollover Distribution" means any distribution from
the Plan to a Participant, except (a) any distribution required under Code
Section 401(a)(9), (b) any distribution that is one of a series of substantially
equal periodic payments (not less frequently than annually) made for the life
(or life expectancy) of the distributee or the joint lives (or joint life
expectancies) of the distributee and the distributee's designated beneficiary,
or for a specified period of ten (10) or more years, (c) any distribution if it
and all other Eligible Rollover Distributions to the Participant during the
calendar year are reasonably expected to total less than Two Hundred Dollars
($200.00), (d) effective as of January 1, 1999, any "hardship" distribution (as
defined in Code Section 401(k)), (e) for periods prior to January 1, 2002, the
portion of a distribution not includible in gross income, and (f) such other
amounts specified in Treasury Regulations or Internal Revenue Service rulings,
notices or announcements issued under Code Section 402(c).

         2.21.    Employee

                  "Employee" means any person who is subject to the dominion and
control of a Controlled Group Member with respect to the type, kind, nature and
scope of employment services furnished and to the extent required by Code
Section 414(n), any person who is a "leased employee" of a Controlled Group
Member. Effective as of January 1, 1997, for purposes of this Section, a "leased
employee" is any person who, pursuant to an agreement between a Controlled Group
Member and any other person ("leasing organization"), has performed services for
the Controlled Group Member on a substantially full-time basis for a period of
at least one year, and such services are performed under the primary direction
and control of the Controlled Group Member. Contributions or benefits provided
to a leased employee by the leasing organization that are attributable to
services performed for a Controlled Group Member will be treated as provided by
the Controlled Group Member. A leased employee will not be considered an
Employee of a Controlled Group Member, however, if (a) leased employees do not
constitute more than twenty percent (20%) of the Controlled Group Member's
nonhighly compensated work force (within the meaning of Code Section
414(n)(5)(C)(ii)) and (b) such leased employee is covered by a money purchase
pension plan maintained by the leasing organization that provides (i) a
nonintegrated employer contribution rate of at least ten percent (10%) of
Compensation, (ii) immediate participation and (iii) full and immediate vesting.

         2.22.    Employer

                  "Employer" means Roadway LLC and any other Controlled Group
Member that adopts the Plan as specified in Article XII. However, any person
that adopts the Plan and thereafter ceases to exist, ceases to be a member of
the Controlled Group or withdraws or is eliminated from the Plan, shall not
thereafter be an Employer. The Employers under the Plan are listed on Exhibit A,
which may be amended by the Administrative Committee from time to time.

                                       5

<PAGE>

         2.23.    Employment Commencement Date

                  "Employment Commencement Date" means the date on which an
Employee first performs an Hour of Service for a Controlled Group Member.

         2.24.    ERISA

                  "ERISA" means the Employee Retirement Income Security Act of
1974, as amended.

         2.25.    Exempt Participant

                  Effective as of January 1, 1999, "Exempt Participant" means a
Participant who is classified as exempt by his Employer.

         2.26.    Fiduciary

                  "Fiduciary" means any person who (a) exercises any
discretionary authority or discretionary control respecting management of the
Plan or exercises any authority or control respecting management or disposition
of the Trust Fund, (b) renders investment advice for a fee or other
compensation, direct or indirect, with respect to the Trust Fund, or has
authority or responsibility to do so, or (c) has any discretionary authority or
discretionary responsibility in the administration of the Plan or the Trust
Fund. The term "Fiduciary" shall also include any person to whom a Named
Fiduciary delegates any of his fiduciary responsibilities hereunder in
accordance with the provisions of the Plan, as long as such designation is in
effect.

         2.27.    Final Average Annual Compensation

                  (a)      "Final Average Annual Compensation" means the annual
average of Compensation received by a Participant from an Employer during the
final sixty (60) consecutive months in which he is a Covered Employee.
Notwithstanding the foregoing, for purposes of determining a Participant's Final
Average Annual Compensation, no period during which a Participant is on a leave
of absence and receives less than 100% of his basic rate of Compensation shall
be considered.

                  (b)      For purposes of determining the Compensation that
applies to a particular month, the following rules shall apply: (i) if the
latest months considered equal only a portion of a calendar year, the actual
Compensation for those months will be used, (ii) if any months considered equal
an entire calendar year, the actual Compensation for that year will be used, and
(iii) if the earliest months considered equal only a portion of a calendar year,
a proration of the Compensation for that year will be used, based on the number
of months under consideration.

                  (c)      For purposes of determining a Participant's Final
Average Annual Compensation, to the extent necessary, months and "compensation"
(as defined in the Prior Plan) attributable to periods prior to January 1, 1996
while the Participant was a "covered employee" under the Prior Plan (as defined
in the Prior Plan) shall be taken into account.

         2.28.    Highly Compensated Employee

                  (a)      Effective as of January 1, 1997, "Highly Compensated
Employee" means, for a particular Plan Year, any Employee who, during the
current or preceding Plan Year, (i) was at any time a five percent (5%) owner
(as such term is defined in Code Section 416(i)(1)), or (ii) for the preceding
Plan Year received compensation from the Controlled Group in excess of $80,000
(as adjusted under Code Section 414(q)(1)), and was in the top-paid group of
Employees for such Plan Year.

                  (b)      "Highly Compensated Employee" shall include a former
Employee whose termination of employment with the Controlled Group occurred
prior to the Plan Year and who was a Highly Compensated Employee for the Plan
Year in which his termination of employment occurred or for any Plan Year ending
on or after his fifty-fifth (55th) birthday.

                                       6

<PAGE>

                  (c)      For purposes of this Section, (i) the term
"compensation" shall mean, for the period prior to January 1, 1998, the sum of
an Employee's compensation under Section 4.11(b) and elective or salary
reduction contributions pursuant to a 401(k) Plan, a cafeteria plan under Code
Section 125 or a tax sheltered annuity under Code Section 403(b) (subject to the
limitations described in Section 2.12(b)), and for the period commencing on and
after January 1, 1998, an Employee's compensation under Section 4.11(b) (subject
to the limitation described in Section 2.12(b)) and (ii) the term "top-paid
group of Employees" shall mean that group of Employees of the Controlled Group
consisting of the top twenty percent (20%) of such Employees when ranked on the
basis of compensation paid by the Controlled Group during the preceding Plan
Year.

         2.29.    Hour of Service

                  (a)      "Hour of Service" means an hour for which an Employee
is paid, or entitled to payment, by one or more Controlled Group Members for the
performance of duties as an Employee and, with respect to a Temporary or Casual
Employee, shall be determined in accordance with the provisions of 29 C.F.R.
Section 2530.200b-2(a) and (b), which provisions are incorporated herein by
reference.

                  (b)      For purposes of determining the Hours of Service of a
Temporary or Casual Employee, Hours of Service shall be credited to eligibility
computation periods and Plan Years in accordance with the provisions of 29
C.F.R. Section 2530.200b-2(c), which provisions are incorporated herein by
reference.

                  (c)      Anything in the Plan to the contrary notwithstanding,
for purposes of determining the Hours of Service of a Temporary or Casual
Employee, such Employee shall be credited with such Hours of Service not
otherwise credited to him under the Plan as may be required by any applicable
law.

         2.30.    Instrument of Adoption

                  "Instrument of Adoption" means the instrument referred to in
Section 12.1 by which a corporation or other business organization adopts the
Plan and designates a group or groups of its Employees as Covered Employees
under the Plan.

         2.31.    Named Fiduciary

                  "Named Fiduciary," within the meaning of ERISA Section 402,
means the Committee, the Trustee and each other person designated as a Named
Fiduciary by the Company pursuant to the power of delegation reserved to the
Committee in Section 7.3.

         2.32.    Non-Exempt Participant

                  Effective as of January 1, 1999, "Non-Exempt Participant"
means a Participant who is classified as non-exempt by his Employer.

         2.33.    Normal Retirement Date

                  "Normal Retirement Date" means the first day of the calendar
month coinciding with or next following the later of (a) the date on which a
Participant attains his sixty-fifth (65th) birthday, or (b) the earlier of the
fifth (5th) anniversary of the date on which a Participant commences
participation in the Plan or commenced participation in the Prior Plan, or
completion of five (5) Years of Service. For Employees hired before January 1,
1994, "Normal Retirement Date" means the first day of the calendar month
coinciding with or next following the date on which a Participant attains his
sixty-fifth (65th) birthday.

         2.34.    1-Year Break in Service

                  (a)      "1-Year Break in Service" means a twelve (12) month
period beginning on an Employee's Severance Date and ending on the first
anniversary of such Date, provided that during such period the Employee does not
perform an Hour of Service.

                                       7

<PAGE>

                  (b)      If an Employee is absent from work for any period due
to (i) the pregnancy of the Employee, (ii) the birth of a child of the Employee,
(iii) the placement of a child with the Employee in connection with the adoption
of such child by the Employee, or (iv) caring for a child for a period beginning
immediately following the birth or placement of such child, such Employee shall
not, solely by reason of such absence, be considered to have incurred a Period
of Severance until the expiration of the twenty-four (24) consecutive month
period commencing on the first day of such absence and shall incur a 1-Year
Break in Service if he does not perform an Hour of Service during the twelve
(12) month period immediately following such twenty-four (24) month period.

                  (c)      Notwithstanding the provisions of Subsection (a) of
this Section, with respect to a Temporary or Casual Employee, "1-Year Break in
Service" means a Plan Year in which such Employee does not complete more than
500 Hours of Service.

                  (d)      Notwithstanding the provisions of Subsection (b) of
this Section, if a Temporary or Casual Employee is absent from work for any
period due to (i) the pregnancy of the Employee, (ii) the birth of a child of
the Employee, (iii) the placement of a child of the Employee in connection with
the adoption of such child by the Employee, or (iv) caring for a child for a
period beginning immediately following the birth or placement of such child,
such Employee shall receive credit for Hours of Service equal to:

                           (1)      the number of Hours of Service which
         otherwise would normally have been credited to him but for the absence;
         or

                                    (A)      if the number of Hours of Service
                  under Subparagraph (A) is not determinable, eight (8) Hours of
                  Service per normal work day of the absence;

provided, however, that no more than 501 Hours of Service shall be credited
under this Subsection by reason of the absence. The Hours of Service shall be
credited:

                           (I)      in the Plan Year in which the absence from
                  work begins, if the Employee would be prevented from incurring
                  a 1-Year Break in Service in such Year; or

                           (II)     in the immediately following Plan Year.

         2.35.    Participant

                  "Participant" means any Employee who has become and continues
to be a Participant in accordance with the provisions of Article III, or a
Retired Participant.

         2.36.    Pension Commencement Date

                  "Pension Commencement Date" means the first day of the first
period for which an amount is payable under the Plan as an annuity or in any
other form, regardless of whether such amount is in fact paid on such day.
Notwithstanding the preceding provisions of this Subsection, a Retired
Participant whose pension is suspended pursuant to Section 5.7(a) shall be
treated as not having reached his Pension Commencement Date, and the Pension
Commencement Date for any amount that later becomes payable to such individual
shall be determined pursuant to the preceding sentence. An individual who
commences to receive a pension pursuant to Section 5.8(b) shall be treated as
having reached his Pension Commencement Date in accordance with the first
sentence of this Subsection.

         2.37.    Period of Service

                  (a)      "Period of Service" means, except as otherwise
provided in this Section, the sum of (i) for periods prior to January 1, 1996,
those periods taken into account under the Prior Plan as of that date, pursuant
to the terms of the Prior Plan in effect prior to that date and (ii) for periods
on or after January 1, 1996, the total of an Employee's periods of Service
commencing with his Employment Commencement Date or Reemployment Commencement
Date, if applicable, and ending on his next following Severance Date.

                  (b)      (Periods of Service before 1-Year Break in Service)
In the case of any Employee who incurs a Period of Severance that includes at
least one 1-Year Break in Service and who later again becomes an

                                       8

<PAGE>

Employee, any Period of Service before such Period of Severance (a "Prior Period
of Service") shall not be taken into account in determining his Period of
Service hereunder if at the beginning of such Period of Severance he did not
have any nonforfeitable right to a benefit under the Plan and the length of his
Period of Severance equals or exceeds five (5) years; and the length of his
Prior Period of Service shall not include any time that is not required to be
counted under this Section by reason of any prior Period of Severance that
included at least one 1-Year Break in Service.

                  (c)      (Periods of Service for Eligibility Years of Service
and Vesting Years of Service of Employees other than Temporary or Casual
Employees) Solely for purposes of determining Eligibility Years of Service and
Vesting Years of Service of an Employee (other than a Temporary or Casual
Employee), the following rules shall apply:

                           (1)      If an Employee, whose Period of Severance
         occurs as a result of a quit, discharge, or retirement, performs an
         Hour of Service for a Controlled Group Member within the twelve (12)
         consecutive month period beginning on his Severance Date, the period
         beginning on his Severance Date and ending on the date on which he
         performs an Hour of Service shall be taken into account in determining
         his Period of Service hereunder. Notwithstanding the foregoing, if an
         Employee's Period of Severance occurs as a result of a quit, discharge
         or retirement during a period of absence referred to in Section
         2.38(a)(ii), the period beginning on his Severance Date (i.e., the date
         of the quit, discharge, or retirement) and ending on the date on which
         he performs an Hour of Service shall not be taken into account in
         determining his Period of Service unless he performs such Hour of
         Service within twelve (12) months of the date on which the Employee was
         first absent.

                           (2)      (Controlled Group Member) A Covered
         Employee's Period of Service shall include any employment with a
         Controlled Group Member who is not an Employer prior to the date that
         entity became a Controlled Group Member, provided that such Covered
         Employee was employed by such Controlled Group Member immediately prior
         to becoming a Covered Employee.

                  (d)      Notwithstanding anything in the Plan to the contrary,
an Employee shall be credited with such Periods of Service not otherwise
credited to him under the Plan as may be required by applicable law and no
Employee shall be credited with a Period of Service more than once for the same
period of employment unless otherwise required by applicable law.

         2.38.    Period of Severance and Severance Date

                  (a)      "Period of Severance" means, except as provided in
Section 2.34(b), the period commencing with the earlier of (i) the date on which
an Employee separates from Service by reason of quitting, retirement, death, or
discharge, or (ii) the date twelve (12) months after the first day of a period
in which the Employee remains absent from Service (with or without pay) for any
reason other than quitting, retirement, death or discharge, and ending, if
applicable, with the date such Employee resumes Service.

                  (b)      "Severance Date" means the date on which an
Employee's Period of Severance commences.

         2.39.    Plan

                  "Plan" means the Roadway Corporation Pension Plan, the terms
and provisions of which are hereinafter set forth, as the same may be amended
from time to time.

         2.40.    Plan Administrator

                  "Plan Administrator" means, as defined in ERISA Section
3(16)(A) and Code Section 414(g), for periods prior to January 1, 2003, the
Company, and effective January 1, 2003, the Committee.

                                       9

<PAGE>

         2.41.    Plan Year

                  "Plan Year" means a twelve (12) month period coinciding with
Company's federal income tax year which is currently January 1 through December
31 of each year.

         2.42.    Predecessor Employer

                  "Predecessor Employer" means, for the periods prior to January
1, 1996, Roadway Services, Inc. and any and all other corporations, trades
and/or businesses, the employees of which, together with Employees of Roadway
LLC (formerly known as Roadway Corporation), were required by Code Section 414
to be treated as if they were employed by a single employer.

         2.43.    Prior Plan

                  "Prior Plan" means the Roadway Services, Inc. Pension Plan and
Trust, as amended and restated, as in effect from time to time prior to the
January 1, 1996.

         2.44.    Qualified Joint and Survivor Annuity

                  "Qualified Joint and Survivor Annuity" means the form of
pension payment provided in Section 5.2(b).

         2.45.    Qualified Pre-retirement Survivor Annuity

                  "Qualified Pre-retirement Survivor Annuity" means the spousal
benefit provided in Section 4.6.

         2.46.    Reemployment Commencement Date

                  "Reemployment Commencement Date" means the date following an
Employee's 1-Year Break in Service on which he again performs an Hour of Service
for a Controlled Group Member.

         2.47.    Retired Participant

                  "Retired Participant" means any Participant whose employment
with the Controlled Group shall have terminated and who is eligible for or is
receiving a pension under the Plan, even if such pension has not commenced or
will not commence until after the proper filing of an application and/or the
arrival of the time at which such pension becomes payable.

         2.48.    Service

                  "Service" means employment with any Controlled Group Member.

         2.49.    Social Security Retirement Age

                  "Social Security Retirement Age" means the age used as the
retirement age under section 216(1) of the Social Security Act, as amended,
except that such section shall be applied (a) without regard to the age increase
factor, and (b) as if the early retirement age under section 216(1)(2) of the
Social Security Act were sixty-two (62).

         2.50.    Spouse

                  "Spouse" means the person to whom an Employee is legally
married at the specified time; provided, however, that a former Spouse may be
treated as a Spouse or surviving Spouse to the extent required under the terms
of a "qualified domestic relations order" (as such term is defined in Code
Section 414(p)).

                                       10

<PAGE>

         2.51.    Temporary or Casual Employee

                  "Temporary or Casual Employee" means any Employee regularly
scheduled to work less than 2,000 hours in a Plan Year.

         2.52.    Trust

                  "Trust" means the trust established under the Trust Agreement
for the holding, investment, administration and distribution of the Trust Fund.

         2.53.    Trust Agreement

                  "Trust Agreement" means the Trust Agreement for the Roadway
Express, Inc. Pension Plan between Roadway LLC (formerly known as Roadway
Corporation) and the Trustee providing, among other things, for the Trust and
the establishment of the Trust Fund, as such Trust Agreement shall be amended
from time to time, or any trust agreement superseding the same. The Trust
Agreement is hereby incorporated into the Plan by reference.

         2.54.    Trust Fund

                  "Trust Fund" means the assets held by the Trustee under the
provisions of the Trust Agreement, without distinction as to principal and
interest.

         2.55.    Trustee

                  "Trustee" means the trustee or trustees appointed pursuant to
the Trust Agreement, and any successor trustee thereto.

         2.56.    Year of Service

                  "Year of Service" means the portion of an Employee's Period of
Service credited pursuant to the provisions of this Section.

                  (a)      (Eligibility Years of Service and Vesting Years of
Service of Employees other than Temporary and Casual Employees) For purposes of
computing the Years of Service of an Employee (other than a Temporary or Casual
Employee) to determine his eligibility to participate in the Plan (his
"Eligibility Years of Service") and to determine his eligibility for (as
distinguished from the amount of) a benefit under the Plan (his "Vesting Years
of Service"), his entire Period of Service shall be counted.

                  (b)      (Benefit Years of Service) For purposes of computing
an Employee's Years of Service to determine the amount of (as distinguished from
his eligibility for) any benefit under the Plan (his "Benefit Years of
Service"), only those portions of his Periods of Service on or after January 1,
1996 during which he is a Covered Employee shall be counted. For purposes of
this Subsection, with respect only to those Covered Employees for whom assets
and liabilities are transferred from the Prior Plan to this Plan, employment
with a Predecessor Employer prior to January 1, 1996 shall be considered as
employment with a Controlled Group Member. Notwithstanding anything in this
Subsection to the contrary, an Employee who was employed by Roadway Express,
Inc. on or after January 6, 1977 and who immediately prior to such employment
was employed by Western Gillette, Inc. shall not be considered a Covered
Employee before January 1, 1978.

                  (c)      (Counting Years of Service) For purposes of
determining the number of an Employee's Years of Service, (i) before March 31,
2000, each portion of an Employee's Period of Service counted pursuant to
Subsection (a) or (b) of this Section, as the case may be, (whether or not
consecutive) shall be aggregated on the basis (A) that 365 days of such Service
shall equal one (1) Year of Service, (B) that each additional 30 days of Service
shall equal one-twelfth (1/12) of a Year of Service, and (C) that each
additional 15 days of Service shall equal one-twelfth (1/12) of a Year of
Service; and (ii) after March 31, 2000, each portion of an Employee's Period of
Service counted pursuant to Subsection (a) or (b) of this Section, as the case
may be, (whether or not consecutive) shall be aggregated on the basis (A) that
each complete year of such Service shall equal one Year of Service, (B)

                                       11

<PAGE>

that each additional complete month of such Service shall equal one-twelfth
(1/12) of a Year of Service, (C) that between 15 and 44 additional days of
Service shall equal one-twelfth (1/12) of a Year of Service or that 45 or more
additional days of Service shall equal one-sixth (1/6) of a Year of Service.

                  (d)      (Counting Years of Service for the Minimum Benefit)
For purposes of computing a Temporary or Casual Employee's Benefit Years of
Service to determine the amount of the minimum annual benefit provided in
Section 4.1(b)(ii), such Temporary or Casual Employee shall be credited with a
partial Benefit Year of Service if during any Plan Year he accrues between one
thousand (1,000) and two thousand (2,000) Hours of Service and shall have no
Benefit Year of Service credited if he accrues less than one thousand (1,000)
Hours of Service during a Plan Year. Notwithstanding the foregoing, for purposes
of determining Benefit Years of Service for a Temporary or Casual Employee in a
Plan Year in which he was not a Covered Employee for the entire Plan Year, the
one thousand (1,000) hour and two thousand (2,000) hour breakpoints shall be
pro-rated based upon the Vesting Years of Service earned during that Plan Year.

                  (e)      (Years of Service before Reemployment)
Notwithstanding the foregoing provisions of this Section, if a Participant who
has received a lump sum payment pursuant to Section 5.5 is subsequently rehired
by a Controlled Group Member before incurring five (5) consecutive 1-Year Breaks
in Service, his Eligibility Years of Service, Vesting Years of Service and
Benefit Years of Service to which such lump sum payment relates shall be
recredited as of his Reemployment Commencement Date, provided such Participant
repays to the Trust Fund the total amount of the lump sum payment paid to him
from the Plan plus interest, compounded annually at the rate in effect under
Code Section 411(c)(2)(C), not later than the earlier of (i) the end of the five
(5) year period beginning with his Reemployment Commencement Date or (ii) the
close of the first period of five (5) consecutive 1-Year Breaks in Service
incurred by him after such lump sum payment is made to him. If a Participant to
whom a deemed lump sum payment has been made pursuant to Section 5.5 is
subsequently rehired by a Controlled Group Member before incurring five (5)
consecutive 1-Year Breaks in Service, his Eligibility Years of Service, Vesting
Years of Service and Benefit Years of Service to which such deemed lump sum
relates shall be recredited as of his Reemployment Commencement Date. Effective
as of January 1, 1999, if a Participant's Eligibility Years of Service and
Benefit Years of Service to which a lump sum payment relates are not restored
pursuant to this Subsection, such Participant's Eligibility Years of Service and
Benefit Years of Service shall be disregarded for purposes of determining his
Accrued Benefit under the Plan after his reemployment.

                  (f)      (Eligibility Years of Service for Temporary and
Casual Employees) Notwithstanding any other provision of this Section, for
purposes of computing the Years of Service of a Temporary or Casual Employee to
determine his eligibility to participate in the Plan (his "Eligibility Years of
Service"), such Employee shall be credited with one Eligibility Year of Service
when he is credited with at least 1,000 Hours of Service in the 12-month period
beginning with his Employment Commencement Date and, if applicable, his
Reemployment Commencement Date, either of which 12-month periods shall be the
"Initial Eligibility Computation Period." Whether or not such an Employee is
entitled to be credited with 1,000 Hours of Service during an Initial
Eligibility Computation Period, such Employee shall be credited with one
Eligibility Year of Service if he is credited with at least 1,000 Hours of
Service during the Plan Year which includes the first anniversary of his
Employment Commencement Date or Reemployment Commencement Date (whichever is
applicable) or any Plan Year thereafter.

                  (g)      (Vesting Years of Service for Temporary and Casual
Employees) Notwithstanding any other provision of this Section, for purposes of
computing the Years of Service of a Temporary or Casual Employee to determine
his eligibility for (as distinguished from the amount of) a benefit under the
Plan (his "Vesting Years of Service"), such Employee shall be credited with one
Vesting Year of Service for each Plan Year in which he is credited with at least
1,000 Hours of Service. Notwithstanding the preceding sentence:

                           (1)      periods of employment of such an Employee
         with the Controlled Group before he attains age 18 shall not be counted
         for purposes of computing his Vesting Years of Service; and

                           (2)      in the case of any such Employee who has a
         1-Year Break in Service and who does not have a nonforfeitable right to
         a benefit under the Plan, the Vesting Years of Service before his
         1-Year Break in Service shall be disregarded if the number of his
         consecutive 1-Year Breaks in Service equals or exceeds five (5); and
         such aggregate number of his Vesting Years of Service before his 1-Year
         Break in Service shall not include any Years of Vesting Service
         disregarded under this Paragraph by reason of any prior Break in
         Service.

                                       12

<PAGE>

                                  ARTICLE III

                          ELIGIBILITY AND PARTICIPATION

         3.1.     Conditions of Eligibility

                  Any person who was a participant in the Plan on December 10,
2003 and who is a Covered Employee on December 11, 2004 shall become a
Participant in the Plan on December 11, 2003. Subject to Section 3.4, each other
Employee shall become a Participant as of the date on which he meets the
following requirements: (a) he is a Covered Employee, and (b) he has attained
age twenty-one (21) and is credited with at least one (1) Eligibility Year of
Service.

         3.2.     Duration of Participation

                  An Employee or former Employee shall remain a Participant so
long as (a) he meets the requirements of Section 3.1, or (b) has a vested
interest in the Plan. However, a Participant who ceases to meet the requirements
of Section 3.1, shall not actively participate in the Plan nor have Benefit
Years of Service credited to him until he again becomes an Eligible Employee. If
an Eligible Employee ceases to be an Eligible Employee and later again becomes
an Eligible Employee, he shall again, subject to the foregoing limitations of
this Section, actively participate in the Plan on the day he so again becomes an
Eligible Employee.

         3.3.     Loaned Participants

                  Notwithstanding any provision of the Plan to the contrary, any
Participant who is temporarily loaned to another Controlled Group Member, so
that he remains an Employee but is no longer a Covered Employee, shall continue
to be considered a Covered Employee hereunder after the date of such loan until
the date he ceases to be an Employee of such Controlled Group Member, at which
time he will no longer be considered a Covered Employee hereunder. A loaned
Employee who returns to work for his Employer shall continue to be considered a
Covered Employee hereunder after the date he returns provided he is a Covered
Employee on the date of his return.

         3.4.     No Commencement of Participation After December 31, 2003

                  Notwithstanding any other provision of the Plan, the
provisions of this Section 3.4 shall be controlling.

                  (a)      No Employee hired after December 31, 2003 shall
become a Participant of the Plan.

                  (b)      Any Participant who incurs a 1-Year Break in Service
and is reemployed after December 31, 2003 shall not become a Participant of the
Plan or accrue any additional benefits under the Plan.

                  (c)      Any Employee of a Controlled Group Member, that is
not an Employer, who transfers to employment with the Employer after December
31, 2003, shall not become a Participant of the Plan.

                  (d)      Any Employee who is a Participant (or an Employee who
is eligible to become a Participant upon completion of the age and service
requirements of Section 3.1) on December 31, 2003 will continue to be a
Participant (or will become a Participant after completion of the age and
service requirements of Section 3.1) on and after January 1, 2004.

                                       13

<PAGE>

                                   ARTICLE IV

                                    BENEFITS

         4.1.     Normal Retirement Benefit

                  (a)      A Participant who terminates employment with the
Controlled Group on or after his Normal Retirement Date shall, subject to the
provisions hereof, be eligible for a normal retirement benefit described in
Subsections (b) and (c) of this Section, commencing at the time specified in
Subsection (d) of this Section. A Participant's right to his normal retirement
pension shall be nonforfeitable upon his attainment of his Normal Retirement
Date, if he is then an Employee.

                           (b)      (1) Effective as of January 1, 1999, the
         normal retirement benefit under the Plan for a Non-Exempt Participant
         who was first hired before January 1, 2000 or an Exempt Participant
         shall be an annual amount (payable in the form specified in Section
         5.2) equal to the greater of:

                                    (A)      The Participant's accrued benefit
                  as of December 31, 1992 (determined in accordance with the
                  terms and provisions of the Prior Plan then in effect);

                                    (B)      A x B where

                                    A =      Two percent (2%) of the
                                             Participant's Average Annual
                                             Compensation that is at or below
                                             Forty-Five Thousand Dollars
                                             ($45,000), and

                                    B =      The Participant's total number of
                                             Benefit Years of Service (not in
                                             excess of the most recent thirty
                                             (30) such Years); or

                                    (C)      (C + D) x E where

                                    C =      One and three-fourths percent (1
                                             3/4%) of the Participant's Average
                                             Annual Compensation that is at or
                                             below Forty-Five Thousand Dollars
                                             ($45,000),

                                    D =      One and one-half percent (1 1/2%)
                                             of the Participant's Average Annual
                                             Compensation that is in excess of
                                             Forty-Five Thousand Dollars
                                             ($45,000), and

                                    E =      The Participant's total number of
                                             Benefit Years of Service (not in
                                             excess of the most recent thirty
                                             (30) such Years).

                           (2)      Notwithstanding the provisions of Paragraph
         (i) of this Subsection, the minimum annual normal retirement benefit of
         a Participant who has completed at least thirty (30) Benefit Years of
         Service shall be:

                                    (A)      If the Participant's Average Annual
                  Compensation is at or below Forty-Five Thousand Dollars
                  ($45,000), the greater of Sixteen Thousand Two Hundred Dollars
                  ($16,200) or forty percent (40%) of the Participant's Final
                  Average Annual Compensation; or

                                    (B)      If the Participant's Average Annual
                  Compensation is in excess of Forty-Five Thousand Dollars
                  ($45,000), the greater of Twenty-Seven Thousand Dollars
                  ($27,000) or forty percent (40%) of the Participant's Final
                  Average Annual Compensation.

         The minimum annual normal retirement benefit of a Participant who has
         completed less than thirty (30) Benefit Years of Service shall be the
         amount determined in the previous sentence reduced by a fraction, the
         numerator of which is his Benefit Years of Service at the time of his
         termination of employment with the Controlled Group and the denominator
         of which is thirty (30).

                                       14

<PAGE>

                           (3)      Notwithstanding the provisions of Paragraphs
         (i) and (ii) of this Subsection, and Subsection (c), the normal
         retirement benefit to which any Capped Participant may become entitled
         pursuant to the provisions of this Section shall not be less than an
         amount equal to the sum of (A) plus (B), where:

                                    (A)      equals the amount determined under
                  Section 4.1(b)(i) and (ii), taking into account only Benefit
                  Years of Service after December 13, 1993; and

                                    (B)      equals the greater of:

                                    (I)      the Capped Participant's accrued
                  benefit as of December 31, 1988 (determined in accordance with
                  the terms and provisions of the Prior Plan then in effect); or

                                    (II)     the Capped Participant's accrued
                  benefit as of December 31, 1993 (determined in accordance with
                  the terms and provisions of the Prior Plan then in effect);

         provided, however, that the total Benefit Years of Service taken into
         account under this Section 4.1(b)(iii) shall not exceed 30 years and
         any Benefit Years of Service in excess of 30 years shall be first
         subtracted from the Benefit Year of Service taken into account under
         clause (A) of this Section.

                           (4)      Effective as of January 1, 1999,
         notwithstanding the provisions of Paragraphs (i), (ii) and (iii) of
         this Subsection, and Subsection (c), the normal retirement benefit to
         which any Non-Exempt Participant who was first hired before January 1,
         2000 (and who was classified as a Non-Exempt Participant on or after
         January 1, 1999) may become entitled pursuant to the provisions of this
         Section shall not be less than the amount equal to such Participant's
         Final Average Annual Compensation, calculated as of the last date that
         the employee was classified as a Non-Exempt Participant, multiplied by
         the sum of the percentages earned according to the following schedule:

<TABLE>
<CAPTION>
For Service in the Plan Year at which each of the ages
shown is attained (Excluding Service accrued after last
     date classified as a Non-Exempt Participant)          Percentage
-------------------------------------------------------    ----------
<S>                                                        <C>
                  Under 35                                      4%
                  35-44                                         6%
                  45-54                                         9%
                  55-59                                        13%
                  60 and Up                                    18%
</TABLE>

         For purposes of comparing the lump sum benefit determined pursuant to
         this Subsection (iv) to the annuitized benefits determined pursuant to
         Subsections (i), (ii) and (iii), the interest rate used shall be that
         specified in Section 2.3(c).

                           (5)      Effective as of January 1, 1999, the normal
         retirement benefit to which any Non-Exempt Participant who was first
         hired on or after January 1, 2000 may become entitled pursuant to the
         provisions of this Section shall be equal to such Participant's Final
         Average Annual Compensation, calculated as of the last date that the
         employee was classified as a Non-Exempt Participant, multiplied by the
         sum of the percentages earned according to the following schedule:

<TABLE>
<CAPTION>
For Service in the Plan Year at which each of the ages
shown is attained (Excluding Service accrued after last
     date classified as a Non-Exempt Participant)          Percentage
-------------------------------------------------------    ----------
<S>                                                        <C>
                  Under 35                                      4%
                  35-44                                         6%
                  45-54                                         9%
                  55-59                                        13%
                  60 and Up                                    18%
</TABLE>

                                       15

<PAGE>

                  (c)      The amount of a Participant's normal retirement
benefit provided in Subsection (b) of this Section shall be based on his Benefit
Years of Service, Compensation, Average Annual Compensation and Final Average
Annual Compensation on the date he terminates employment with the Controlled
Group (whether such date is on or after his Normal Retirement Date).

                  (d)      Except as otherwise provided in the Plan, a
Participant's normal retirement benefit payable pursuant to Subsection (a) of
this Section shall commence as of the first day of the month on or after the
later of the date he terminates employment with the Controlled Group or the date
designated in his application for his pension, as provided in Section 5.1.
Notwithstanding the preceding sentence, a Participant shall be entitled to
receive his normal retirement benefit for any month after his Normal Retirement
Date and before his termination of employment with the Controlled Group (i)
during which he is either credited with less than forty (40) Hours of Service or
receives payment for Hours of Service performed on less than eight (8) days, or
(ii) during which he is credited with at least forty (40) Hours of Service or
receives payment for Hours of Service performed on at least eight (8) days but
for which the Plan Administrator has not given him notice in accordance with
applicable law that payments of his normal retirement benefit are being withheld
pursuant to this Subsection. If a pension becomes payable to an Employee
pursuant to Paragraph (ii) of this Subsection, the benefit accruals, if any,
required by the Plan with respect to his Service after his Normal Retirement
Date shall, in accordance with regulations promulgated by the Secretary of
Treasury, be treated as satisfied to the extent of the Actuarial Equivalent of
such pension payments.

                  A Participant's election to commence his normal retirement
benefit pursuant to this Subsection shall not be effective unless such election
is in writing, the Participant's Spouse, if any, consents in writing to such
election (unless the pension is to be paid in the form of the Qualified Joint
and Survivor Annuity under Section 5.2(b) or the 100% Joint and Survivor option
under Section 5.3(a)(iii)), and such election and consent are filed with the
Plan Administrator within the ninety (90) day period ending on the Pension
Commencement Date elected by the Participant.

         4.2.     Early Retirement Benefit

                  (a)      Effective as of January 1, 1999, a Participant who
terminates employment with the Controlled Group on or after the date he has
attained age fifty-five (55) and completed at least ten (10) Vesting Years of
Service, or if the Participant is an Exempt Participant, on or after he has
attained age fifty (50) and whose combined age and Vesting Years of Service at
his Severance Date equals or is greater than 75 shall, subject to the provisions
hereof, be eligible for an early retirement benefit described in Subsections (b)
and (c) of this Section, commencing at the time specified in Subsection (d) of
this Section, provided such termination of employment occurs before the
Participant's Normal Retirement Date.

                           (b)      (1) A Participant's normal retirement
         benefit under the Plan payable at age 65 shall be determined in
         accordance with Section 4.1(b) (as in effect at the time of his
         termination of employment). Effective as of January 1, 1999, if a
         Participant elects to commence such benefit before his Normal
         Retirement Date and, if such Participant's normal retirement benefit is
         determined in accordance with Subsection 4.1(b)(i), 4.1(b)(ii) or
         4.1(b)(iii), the Participant's early retirement benefit shall be the
         annual amount determined in accordance with Section 4.1(b), reduced by
         the applicable percentage set forth in Subsection (iii) or Subsection
         (iv) as applicable.

                           (2)      Effective as of January 1, 1999, if a
         Participant's normal retirement benefit is determined in accordance
         with Subsection 4.1(b)(iv) or 4.1(b)(v), the Participant's early
         retirement benefit shall be an annuity which is equivalent to the lump
         sum amount determined in accordance with Section 4.1(b).

                           (3)      Effective as of January 1, 1999, for
         purposes of Non-Exempt Participants and Exempt Participants for whom
         the sum of age plus service does not equal or exceed 75 as of their
         Severance Date, the applicable percentage used to reduce such
         Participant's normal retirement benefit to reflect early commencement
         of retirement benefits shall depend on the age of the Participant on
         his Pension Commencement Date, as follows:

                                       16

<PAGE>

<TABLE>
<CAPTION>
                              % of Normal Retirement Accrued
Age When Benefit Commences                Benefit
--------------------------    ------------------------------
<S>                           <C>
            55                              55%
            56                              61%
            57                              67%
            58                              73%
            59                              79%
            60                              85%
            61                              88%
            62                              91%
            63                              94%
            64                              97%
            65                             100%
</TABLE>

         The percentages provided in this Subsection shall be interpolated on
         the basis of months if a Participant's early retirement benefit
         commences at a fractional age. For purposes of this Subsection,
         employment for fifteen (15) days or more during a month shall
         constitute a whole month.

                           (4)      Effective as of January 1, 1999, for
         purposes of an Exempt Participant for whom the sum of age (not less
         than 50) plus vesting service equals or exceeds 75 as of his Severance
         Date, the applicable percentage used to reduce such a Participant's
         normal retirement benefit shall depend on the age and Vesting Years of
         Service of the Participant on his Pension Commencement Date, as
         follows:

<TABLE>
<CAPTION>
                                  % of Normal Retirement Accrued
  Age Plus Vesting Service                   Benefit
-----------------------------     ------------------------------
<S>                               <C>
At least 75, but less than 80                 80%
At least 80, but less than 85                 85%
At least 85, but less than 90                 90%
At least 90                                   95%
</TABLE>

         In no event shall the applicable percentage of a Participant's Normal
         Retirement Accrued Benefit payable pursuant to this Subsection be less
         than the percentage payable pursuant to Subsection (iii).

                  (c)      The amount of a Participant's early retirement
benefit provided in Subsection (b) of this Section shall be based on his Benefit
Years of Service, Compensation and Average Annual Compensation on the date he
terminates employment with the Controlled Group.

                  (d)      Except as otherwise provided in the Plan, a
Participant's early retirement benefit payable pursuant to Subsection (a) of
this Section shall commence as of the first day of the month on or after the
later of the date he terminates employment with the Controlled Group or the date
designated in his application for his pension, as provided in Section 5.1. A
Participant's election to commence his early retirement benefit pursuant to this
Subsection shall not be effective unless such election is in writing, the
Participant's Spouse, if any, consents in writing to such election (unless the
pension is to be paid in the form of the Qualified Joint and Survivor Annuity
under Section 5.2(b) or the 100% Joint and Survivor option under Section
5.3(a)(iii)), and such election and consent are filed with the Plan
Administrator within the ninety (90) day period ending on the Pension
Commencement Date elected by the Participant.

         4.3.     Disability Retirement Benefit

                  (a)      A Participant (i) who terminated employment with the
Controlled Group by reason of a bodily injury or disease or mental disorder (as
defined in any long-term disability benefit contract of an Employer applicable
to him) that entitled him to disability benefits under such contract for at
least one (1) complete calendar month preceding his Pension Commencement Date
under Subsection (d) of this Section, and (ii) who had at least ten (10) Vesting
Years of Service at the time of such termination shall, subject to the
provisions hereof, be eligible for a disability retirement benefit described in
Subsections (b) and (c) of this Section, commencing at the time specified in
Subsection (d) of this Section.

                                       17

<PAGE>

                  (b)      (1)      A Participant's disability retirement
benefit under the Plan shall be determined in accordance with Section 4.1(b) (as
in effect at the time of his termination of employment). Effective as of January
1, 1999, if the Participant's disability retirement benefit is determined in
accordance with Subsections 4.1(b)(i), 4.1(b)(ii) or 4.1(b)(iii), the
Participant's disability retirement benefit under the Plan shall be the annual
amount determined in accordance with Section 4.1 (payable in the form specified
in Section 5.2), reduced, if the Participant elects to commence such benefit
before his Normal Retirement Date, by the applicable percentage set forth in
Section 4.2(b).

                           (2)      Effective as of January 1, 1999, if a
Participant's disability retirement benefit is determined in accordance with
Subsection 4.1(b)(iv) or Subsection 4.1(b)(v), the Participant's disability
retirement benefit under the Plan shall be an annuity which is equivalent to the
lump sum amount determined in accordance with Section 4.1 (payable in the form
specified in Section 5.2) and adjusted annually by the lesser of an interest
rate equal to five percent (5%) or the interest rate set forth in Section
2.3(c).

                  (c)      Effective as of January 1, 1999, if a Participant's
disability retirement benefit is determined in accordance with Subsection
4.3(b)(i), the amount of the Participant's disability retirement benefit
provided in Subsection (b) of this Section shall be based on his Benefit Years
of Service, Compensation and Average Annual Compensation on the date he
terminates employment with the Controlled Group. If a Participant's disability
retirement benefit is determined in accordance with Subsection 4.3(b)(ii), the
amount of the Participant's disability retirement benefit provided in Subsection
(b) of this Section shall be an annuity which is equivalent to the lump sum
amount determined in accordance with Subsection 4.1(b)(iv) or Subsection
4.1(b)(v), as applicable.

                  (d)      Except as otherwise provided in the Plan, a
Participant's disability retirement benefit payable pursuant to Subsection (a)
of this Section shall commence as of the first day of the month on or after the
later of the date he attains age fifty-five (55) or the date designated in his
application for his pension, as provided in Section 5.1. A Participant's
election to commence his disability retirement benefit pursuant to this
Subsection shall not be effective unless such election is in writing, the
Participant's Spouse, if any, consents in writing to such election (unless the
pension is to be paid in the form of the Qualified Joint and Survivor Annuity
under Section 5.2(b) or the 100% Joint and Survivor option under Section
5.3(a)(iii)), and such election and consent are filed with the Plan
Administrator within the ninety (90) day period ending on the Pension
Commencement Date elected by the Participant.

         4.4.     Termination Prior to Retirement

                  (a)      A Participant who terminates employment with the
Controlled Group on or after the date he has completed at least five (5) Vesting
Years of Service and who is not eligible for benefits under any of the preceding
Sections of this Article, shall, subject to the provisions hereof, be eligible
for a deferred vested benefit described in Subsections (b) and (c) of this
Section, commencing at the time specified in Subsection (d) of this Section.

                  (b)      (1)      A Participant's deferred vested benefit
under the Plan shall be determined in accordance with Section 4.1(b) (as in
effect at the time of his termination of employment). Effective as of January 1,
1999, if the Participant's deferred vested benefit is determined in accordance
with Subsection 4.1(b)(i), 4.1(b)(ii) or 4.1(b)(iii), the Participant's deferred
vested benefit under the Plan shall be the annual amount determined in
accordance with Section 4.1 (payable in the form specified in Section 5.2),
reduced by a fraction, the numerator of which is his Benefit Years of Service at
the time of his termination of employment and the denominator of which is the
Benefit Years of Service he would have had assuming he continued in employment
with his Employer until age sixty-five (65). In addition, if such a Participant
elects to commence his deferred vested benefit before his Normal Retirement Date
(if permitted in accordance with Subsection (d) of this Section), the amount of
such benefit shall be further reduced by the applicable percentage determined
pursuant to Subsection 4.2(b)(iii) if the Participant is at least age 55 on his
Pension Commencement Date with 10 or more Vesting Years of Service at his
Severance Date; otherwise such benefit shall be reduced to the Actuarial
Equivalent of such benefit at the time it is scheduled to commence.

                           (2)      Effective as of January 1, 1999, if a
Participant's deferred vested benefit is determined in accordance with
Subsection 4.1(b)(iv) or Subsection 4.1(b)(v), the Participant's deferred

                                       18

<PAGE>

         vested benefit under the Plan shall be an annuity which is equivalent
         to the lump sum amount determined in accordance with Subsections
         4.1(b)(iv) and 4.1(b)(v) (payable in the form specified in Section
         5.2).

                  (c)      Effective as of January 1, 1999, if a Participant's
deferred vested benefit is determined in accordance with Subsection 4.4(b)(i),
the amount of the Participant's deferred vested benefit provided in Subsection
(b) of this Section shall be based on his Benefit Years of Service, Compensation
and Average Annual Compensation on his Severance Date and on the Benefit Years
of Service that the Participant would have been credited assuming he had
continued in employment with his Employer to age sixty-five (65). If a
Participant's deferred vested benefit is determined in accordance with
Subsection 4.4(b)(ii), the amount of the Participant's deferred vested benefit
provided in Subsection (b) of this Section shall be based on his Benefit Years
of Service, Compensation and Final Average Annual Compensation on his Severance
Date and shall be an annuity which is equivalent to the lump sum amount
determined in accordance with Subsections 4.1(b)(iv) and 4.1(b)(v), as
applicable.

                  (d)      Effective as of January 1, 1999, a Participant's
deferred vested benefit payable pursuant to Subsection (a) shall commence as
soon as administratively feasible following the date the Participant files his
application for his pension pursuant to Section 5.1 (subject to the provisions
of Subsection 5.3(a)(iv)(C)(2)). If a Participant's deferred vested benefit is
determined in accordance with Subsection 4.4(b)(i), such Participant's deferred
vested benefit shall be reduced as provided in Subsection 4.4(b)(i). A
Participant's election to commence his deferred vested benefit pursuant to this
Subsection shall not be effective unless such election is in writing, the
Participant's Spouse, if any, consents in writing to such election (unless the
pension is to be paid in the form of the Qualified Joint and Survivor Annuity
under Section 5.2(b) or the 100% Joint and Survivor option under Section
5.3(a)(iii)), and such election and consent are filed with the Plan
Administrator within the ninety (90) day period ending on the Pension
Commencement Date elected by the Participant.

         4.5.     Surviving Spouse Benefit

                  (a)      If a Participant dies either:

                           (1)      Before his termination of employment with
         the Controlled Group and before his Normal Retirement Date, but after
         he attained age fifty-five (55) and completed at least ten (10) Vesting
         Years of Service; or

                           (2)      After his termination of employment with the
         Controlled Group, if he had attained age fifty-five (55) but had not
         attained his Normal Retirement Date at the time of such termination,
         if, at the time of his death, the Participant was eligible for an early
         retirement benefit pursuant to Section 4.2(a) (but such benefit had not
         yet commenced) and if, at the time of his death, the Participant had
         elected not to receive the Qualified Pre-retirement Survivor Annuity,

then the Spouse of such a Participant, if such Spouse survives the Participant,
shall, subject to the provisions hereof, be eligible for a surviving spouse
benefit described in Subsections (b) and (c) of this Section, commencing on the
first day of the second month after the Participant's death and paid for the
lesser of the life of the surviving Spouse or sixty (60) consecutive months.

                  (b)      Effective as of January 1, 1999, a Spouse's surviving
spouse benefit under the Plan shall be fifty percent (50%) of the annual amount
determined in Section 4.1(b) that would have been payable to the deceased
Participant if he had retired on the first day of the calendar month after the
month in which he died with an immediate single life annuity payable under
Section 5.2(a) on such date.

                  (c)      The amount of the Spouse's surviving spouse benefit
provided in Subsection (b) of this Section shall be based on the deceased
Participant's Benefit Years of Service, Compensation and Average Annual
Compensation on the date he dies.

         4.6.     Qualified Pre-retirement Survivor Annuity

                  (a)      If a Participant dies before his Pension Commencement
Date and has a nonforfeitable right to a pension hereunder, then the Spouse of
such a Participant, if such Spouse shall survive the Participant, if such Spouse
is not entitled to a surviving spouse benefit pursuant to Section 4.5 and if
such Spouse has been married

                                       19

<PAGE>

to the Participant throughout the one (1) year period ending on the date of the
Participant's death, shall, subject to the provisions hereof, be eligible for a
Qualified Pre-retirement Survivor Annuity as provided in this Section.

                  (b)      The amount of the Qualified Pre-retirement Survivor
Annuity for the Spouse of a deceased Participant entitled to such benefit shall
be the Actuarial Equivalent (as of the date payment of the Qualified
Pre-retirement Survivor Annuity commences) of the amount of the pension that the
surviving Spouse would have been entitled to receive under the Qualified Joint
and Survivor Annuity provided for in Section 5.2(b) if:

                           (1)      In the case of a Participant who dies after
         his Earliest Retirement Age, such Participant had retired or otherwise
         terminated employment with the Controlled Group with an immediate
         Qualified Joint and Survivor Annuity on the date of his death; or

                           (2)      In the case of a Participant who dies on or
         before his Earliest Retirement Age, such Participant had:

                                    (A)      terminated his employment with the
                  Controlled Group on the earlier of his actual termination or
                  the date of his death,

                                    (B)      survived to his Earliest Retirement
                  Age,

                                    (C)      retired with an immediate Qualified
                  Joint and Survivor Annuity at his Earliest Retirement Age, and

                                    (D)      died on the day after his Earliest
                  Retirement Age.

Notwithstanding the preceding provisions of this Subsection, in the case of a
Participant who elects the 100% Joint and Survivor option under Section
5.3(a)(iii) and who dies before his Pension Commencement Date, the survivor
annuity payable to a Spouse who would be eligible to receive such an annuity
pursuant to the provisions of Subsection (a) of this Section shall be determined
pursuant to this Subsection as if the Participant had retired (or survived to
his Earliest Retirement Age) with a pension payable immediately under the 100%
Joint and Survivor option elected by the Participant.

                  (c)      If the Participant dies after his Earliest Retirement
Age, then payment of the Qualified Pre-retirement Survivor Annuity may commence
on the first day of the month following the month in which the Participant dies.
If a Participant dies on or before his Earliest Retirement Age, then payment of
the Qualified Pre-retirement Survivor Annuity may commence on the Participant's
Earliest Retirement Age. If the Spouse defers commencement of payments under the
Qualified Pre-retirement Survivor Annuity to the first day of any month
subsequent to the dates described in the preceding sentence, the benefit such
Spouse shall receive shall be the Actuarial Equivalent of the benefit such
Spouse would have received had there been no deferral, provided that no
adjustment shall be made in the benefit payable with respect to any deferral
beyond the date on which the Participant would have reached his Normal
Retirement Date if he had not died. Notwithstanding any other provision hereof,
payment of the Qualified Pre-retirement Survivor Annuity shall commence only if
the surviving Spouse is living on the date such payments are to commence. Once
such payments commence, they shall continue during the surviving Spouse's
lifetime and shall cease with the payment made on the first day of the month in
which such Spouse dies.

                  (d)      A Participant may elect to waive the Qualified
Pre-retirement Survivor Annuity at any time during the period commencing one
year before the date on which he attains age fifty-five (55) and ending on the
earlier of his Pension Commencement Date or the date of his death; provided,
however, that the election period for a Participant who ceases to be an Employee
while he is under the age of fifty-five (55), with respect to benefits accrued
before the date he ceases to be an Employee, shall begin on such date. An
election to waive the Qualified Pre-retirement Survivor Annuity may be revoked
by the Participant at any time during such election period, and once revoked,
another election may be made at any time thereafter during the election period.
No election to waive the Qualified Pre-retirement Survivor Annuity shall be
effective unless the same conditions specified in Section 5.2(b)(i) regarding
the consent of a married Participant's Spouse for waiver of the Qualified Joint
and Survivor Annuity are met. Any election to waive the Qualified Pre-retirement
Survivor Annuity, and any revocation of such election, may be made solely by an
instrument (in form acceptable to the Committee) signed by the Participant (with

                                       20

<PAGE>

his Spouse's written consent, if so required) and filed with the Plan
Administrator during the election period described in this Subsection.

                  (e)      The Plan Administrator shall provide to each
Participant, within the period beginning one year before the date the
Participant attains age fifty-five (55) and ending one (1) year after such date
or, within the period ending one year after the Participant becomes a
Participant, whichever period ends later (and consistent with such regulations
as the Secretary of the Treasury may prescribe), a written explanation of the
following:

                           (1)      the terms and conditions of the Qualified
         Pre-retirement Survivor Annuity,

                           (2)      the Participant's right to make, and the
         effect of, the election provided in Subsection (d) of this Section,

                           (3)      the rights of the Participant's Spouse under
         this Section, and

                           (4)      the right to make, and the effect of, a
         revocation of an election under Subsection (d) of this Section.

If the Participant terminates his employment with the Controlled Group before
reaching the age of fifty-five (55), then the foregoing described notice shall
be given to the Participant within a reasonable time (not to exceed one year)
after such termination.

                  (f)      If a Participant does not elect to waive the
Qualified Pre-retirement Survivor Annuity provided in this Section, the pension
otherwise payable with respect to him (including any amounts payable to the
Participant, his Spouse or his Beneficiary) shall be reduced to reflect the cost
attributable to having Qualified Pre-retirement Survivor Annuity coverage for
the period beginning with the Plan Year on or after he attains age fifty-five
(55) and ending on his Normal Retirement Date as follows:

                           (1)      at the rate of three tenths of a percent
         (.3%) for each year of coverage while an Employee (as determined under
         the Plan and Prior Plan); and

                  (2)      (A)      at the rate of one half of a percent (.5%)
                  for each year of coverage after termination of employment with
                  the Controlled Group between the ages of fifty-five (55) and
                  fifty-nine (59); and

                                    (B)      at the rate of three quarters of a
                  percent (.75%) for each year of coverage after termination of
                  employment with the Controlled Group between the ages of sixty
                  (60) and the Participant's Normal Retirement Date.

         4.7.     No Duplication of Benefits

                  There shall be no duplication of any pension or other benefit
payable under this Plan to any Participant or Beneficiary and of any pension
under a similar plan maintained or contributed to by any Controlled Group Member
or any predecessor thereof to the same person, the amount of which is based, in
whole or in part on the same period of employment of an Employee with or on
compensation from any Controlled Group Member or any predecessor thereof, or
both, and an appropriate adjustment (as determined by the Committee) shall be
made in such pension or other benefit otherwise payable hereunder to prevent any
such duplication unless such other pension or other benefit is appropriately
adjusted or is clearly intended to supplement the benefits under this Plan. No
pension or other benefit shall be paid to any Participant, Beneficiary or other
person under more than one Section of the Plan for the same period of time.

         4.8.     Benefit Adjustment for Military Service

                  Effective as of December 12, 1994, notwithstanding any
provisions of this Plan to the contrary, contributions, benefits and service
credit with respect to qualified military service will be provided in accordance
with Code Section 414(u). "Qualified military service" means any service in the
uniformed services (as defined in

                                       21

<PAGE>

chapter 43 of title 38 of the United States Code) by any individual if such
individual is entitled to reemployment rights under such chapter with respect to
such service.

         4.9.     Provision Pursuant to Internal Revenue Code Section 415(b)

                  (a)      Notwithstanding any other provision of the Plan, the
maximum annual benefit payable under the Plan with respect to a Participant at
any time within a Plan Year (which shall be the limitation year) when expressed
as an annual benefit in the form of a straight life annuity (with no ancillary
benefits), shall be equal to the lesser of (i) (A) Ninety Thousand Dollars
($90,000) for Plan Years beginning before January 1, 2002, or (B) One Hundred
and Sixty Thousand Dollars ($160,000) for Plan Years beginning on and after
January 1, 2002, as adjusted, effective January 1 of each year, under Code
Section 415(d), or (ii) one hundred percent (100%) of the Participant's average
compensation paid or made available to him by the Controlled Group or a
Predecessor Employer for the three (3) consecutive calendar years of Service
during which he had the greatest aggregate compensation, provided, however:

                                    (A)      effective as of January 1, 2000,
                  that if the benefit under the Plan is payable in any other
                  form other than a straight life annuity, the determination as
                  to whether the limitation described in this subsection has
                  been satisfied shall be made, in accordance with the rules
                  determined by the Commissioner of Internal Revenue under
                  Treasury Regulation Section 1.415-3(c), by adjusting such
                  benefit to a straight life annuity beginning at the same age
                  that is the Actuarial Equivalent of such benefit. For purposes
                  of this subparagraph (A), Actuarial Equivalence shall be
                  determined under the following assumptions: (1) in the case of
                  a form of benefit subject to Code Section 417(e)(3), the
                  interest rate shall not be less than the greater of (I) the
                  Applicable Interest Rate set forth in Section 2.3(c), or (II)
                  the interest rate set forth in Section 2.3(b), and the
                  mortality table shall be the Applicable Mortality Table set
                  forth in Section 2.3(c), and (2) in the case of a form of
                  benefit not subject to Code Section 417(e)(3), the interest
                  rate shall not be less than the greater of (I) five (5)
                  percent, or (II) or the interest rate set forth in Section
                  2.3(b), and the mortality table shall be the Applicable
                  Mortality Table set forth in Section 2.3(c);

                                    (B)      effective as of January 1, 2002,
                  that if the benefit under the Plan begins before age 62, for
                  purposes of determining whether the dollar limitation set
                  forth in (a)(i) above has been satisfied, such dollar
                  limitation shall be reduced, in accordance with regulations
                  prescribed by the Secretary of the Treasury, so that such
                  dollar limitation (as so reduced) equals an annual benefit
                  (beginning when such benefit under the Plan begins) that is
                  the Actuarial Equivalent to an annual benefit equal to such
                  dollar limitation beginning at age 62. For purposes of this
                  subparagraph (B), the reduced dollar limitation at an age
                  prior to 62 shall be the lesser of (1) the Actuarial
                  Equivalent (at such age) of the dollar limitation set forth in
                  (a)(i) above, computed using the interest rate and mortality
                  table set forth in Section 2.3(b), or (2) the Actuarial
                  Equivalent (at such age) of the dollar limitation set forth in
                  (a)(i) above, computed using an interest rate of five (5)
                  percent and the Applicable Mortality Table set forth in
                  Section 2.3(c); and

                                    (C)      effective as of January 1, 2002,
                  that if the benefit under the Plan begins after age 65, for
                  purposes of determining whether the dollar limitation set
                  forth in (a)(i) above has been satisfied, such dollar
                  limitation shall be increased, in accordance with regulations
                  prescribed by the Secretary of the Treasury, so that such
                  dollar limitation (as so increased) equals an annual benefit
                  (beginning when such benefit under the Plan begins) which is
                  the Actuarial Equivalent to an annual benefit equal to such
                  dollar limitation beginning at age 65. For purposes of this
                  subparagraph (C), the increased dollar limitation at an age
                  after 65 shall be the lesser of (1) the Actuarial Equivalence
                  (at such age) of the dollar limitation set forth in (a)(i)
                  above, computed using the interest rate and mortality table
                  set forth in Section 2.3(b), or (2) the Actuarial Equivalent
                  (at such age) of the dollar limitation set forth in (a)(i)
                  above, computed using an interest rate of five (5) percent and
                  the Applicable Mortality Table set forth in Section 2.3(c).
                  For these purposes, mortality between age 65 and the age at
                  which benefits commence shall be ignored.

                  (b)      Notwithstanding the foregoing provisions of this
Section, except as provided in Subsection (c) of this Section, the maximum
annual benefit specified in Subsection (a) of this Section shall not apply

                                       22

<PAGE>

to a particular pension if (i) the annual amount of such pension payable under
the Plan, together with the aggregate annual amount of any other pensions
payable with respect to such Participant under all other defined benefit plans
maintained by the Controlled Group, does not exceed Ten Thousand Dollars
($10,000) for the Plan Year or any prior Plan Year and (ii) the Participant was
not at any time a participant in a defined contribution plan maintained by the
Controlled Group.

                  (c)      In the case of a Participant who has less than ten
(10) years of participation in the Plan (including, if a transfer of assets and
liabilities for an Employee from the Prior Plan to this Plan has occurred, years
of participation in the Prior Plan), the limitation set forth in Paragraph (i)
of Subsection (a) of this Section shall be the limitation determined under such
Paragraph (without regard to this Subsection), multiplied by a fraction, the
numerator of which is the number of years of participation in the Plan (or parts
thereof) credited to the Participant and the denominator of which is ten (10),
and in the case of a Participant who has less than ten (10) Vesting Years of
Service, the limitations set forth in Paragraph (ii) of Subsection (a) and in
Subsection (b) of this Section shall be such limitations (determined without
regard to this Subsection) multiplied by a fraction, the numerator of which is
the number of Vesting Years of Service (or parts thereof) credited to the
Participant and the denominator of which is ten (10). Notwithstanding the
foregoing provisions of this Subsection, in no event shall the limitations in
Subsections (a) and (b) of this Section be reduced to an amount less than
one-tenth (1/10) of such limitations (determined without regard to this
Subsection). To the extent provided in regulations prescribed by the Secretary
of the Treasury or his delegate, this Subsection shall be applied separately
with respect to each change in the benefit structure of the Plan.

                  (d)      Notwithstanding anything in this Section to the
contrary, if the annual benefit of a Participant who has terminated employment
with the Controlled Group is limited pursuant to the limitations set forth in
Paragraph (i) or (ii) of Subsection (a) of this Section, such annual benefit
shall be increased in accordance with the cost-of-living adjustments of Code
Section 415(d).

                  (e)      Benefit increases resulting from the increase in the
limitations of Code Section 415(b) by the Economic Growth and Tax Relief
Reconciliation Act of 2001 shall be provided to all employees participating in
the Plan who have one hour of service on or after the first day of the first
limitation year ending after December 31, 2001.

         4.10.    Provision Pursuant to Internal Revenue Code Section 415(e)

                  The provisions of this Section shall be effective prior to
January 1, 2000 only.

                  (a)      Notwithstanding any other provision of the Plan, if
an individual is a participant in both a defined benefit plan and a defined
contribution plan maintained by the Controlled Group, the sum of the defined
benefit plan fraction and the defined contribution plan fraction for any Plan
Year may not exceed 1.00. If a reduction is necessary to avoid exceeding the
limitation set forth in this Section, the affected participant's benefits under
the defined benefit plan shall be reduced to the extent necessary to avoid
exceeding such limitation. For purposes hereof,

                           (1)      The defined benefit plan fraction for any
         Plan Year is a fraction, (A) the numerator of which is the projected
         annual benefit of the participant under the plan (determined as of the
         close of the Year), and (B) the denominator of which is the lesser of
         (I) the product of 1.25, multiplied by the dollar limitation in effect
         under Code Section 415(b)(1)(A) for such Year, or (II) the product of
         1.4, multiplied by the amount which may be taken into account under
         Code Section 415(b)(1)(B) with respect to such participant under the
         plan for such Year; and

                           (2)      The defined contribution plan fraction for
         any Plan Year is a fraction, (A) the numerator of which is the sum of
         the annual additions to the participant's account as of the close of
         the Year and for all prior Years, and (B) the denominator of which is
         the sum of the lesser of the following amounts determined for such Year
         and for each prior year of Service (regardless of whether a plan is in
         existence during such Year):

                           (I)      the product of 1.25, multiplied by the
                  dollar limitation in effect under Code Section 415(c)(1)(A)
                  for such Year and each such prior year of Service, or

                                       23

<PAGE>

                           (II)     the product of 1.4, multiplied by the amount
                  which may be taken into account under Code Section
                  415(c)(1)(B) with respect to such participant under such plan
                  for such Year and each prior year of Service.

                  (b)      A participant's projected annual benefit for purposes
of Subsection (a) of this Section is equal to the annual benefit to which he
would be entitled under the terms of the Plan, assuming he will continue
employment until reaching his Normal Retirement Date (or current age, if later),
his compensation for the Plan Year under consideration will remain the same
until the date he attains such Date, and all other relevant factors used to
determine benefits under the Plan for the Plan Year under consideration will
remain constant for all future Plan Years.

         4.11.    Other Internal Revenue Code Section 415 Provisions

                  (a)      For purposes of applying the limitations set forth in
Sections 4.9 and 4.10, all qualified defined benefit plans (whether or not
terminated) (but, effective January 1, 2002, with respect to the limitation set
forth in Section 4.9(a)(ii), excluding any multiemployer plan) ever maintained
by one or more members of the Controlled Group shall be treated as one defined
benefit plan, and all qualified defined contribution plans (whether or not
terminated) ever maintained for one or more members of the Controlled Group
shall be treated as one defined contribution plan.

                  (b)      As used in Sections 4.9, 4.10 and this Section, the
term "compensation" shall include these items specified in Treasury Regulation
Section 1.415-2(d)(2) and shall exclude those items specified in Treasury
Regulation Section 1.415-2(d)(3). Notwithstanding the foregoing, for Plan Years
beginning on and after January 1, 1998, "compensation" shall include any
elective deferral (as defined in Code Section 402(g)(3)) and any amount which is
contributed by a Controlled Group Member at the election of the Participant and
which is not includible in the gross income of the Participant by reason of Code
Section 125, 132(f)(4), or 457. Effective for Plan Years beginning on and after
January 1, 1998, for purposes of the definition of compensation under this
Section and Sections 2.12 and 13.9, amounts under Code Section 125 include any
amounts not available to a Participant in cash in lieu of group health coverage
because the participant is unable to certify that he or she has other health
coverage. An amount will be treated as an amount under Code Section 125 only if
the Employer does not request or collect information regarding the Participant's
other health coverage as part of the enrollment process for the health plan.

         4.12.    Forfeitures

                  Forfeitures shall not be applied to increase the benefits any
Employee would otherwise receive under the Plan. Forfeitures shall be used to
reduce contributions by the Employers.

                                       24

<PAGE>

                                   ARTICLE V

                          FORM AND PAYMENT OF BENEFITS

         5.1.     Application for Pensions

                  (a)      A Participant eligible to receive a pension under the
Plan if he were to terminate his employment with the Controlled Group and who
wishes to terminate such employment, a Retired Participant who is eligible for
but is not receiving a pension under the Plan, or a surviving Spouse who is
eligible for but is not receiving a pension under the Plan, shall obtain an
application to commence his pension from the Plan Administrator and shall sign
and file such application with the Plan Administrator, furnishing such
information as the Committee may reasonably require, including satisfactory
proof of his age and that of his Spouse (if any) and any authority in writing
that the Committee may request authorizing it to obtain pertinent information,
certificates, transcripts and/or other records from any public office. An
application for a pension may not be filed more than ninety (90) days before his
Pension Commencement Date.

                  (b)      Except as otherwise provided in the Plan, (i) no
pension shall be payable under the Plan for a Participant if he dies before his
Pension Commencement Date and (ii) a Retired Participant's pension under the
Plan shall not begin until he files an application for such pension pursuant to
Subsection (a) of this Section, but if such application is filed after his
Normal Retirement Date and after his pension otherwise would have begun pursuant
to the Plan, then, subject to Paragraph (i) of this Subsection, a lump sum
retroactive payment shall be made (without interest) on account of the months
for which his pension would otherwise have been paid pursuant to the Plan. If an
application for a deferred vested benefit is not filed by a Retired Participant
eligible therefor within four (4) years after his Normal Retirement Date, the
Committee shall mail (by certified or registered mail) to such Retired
Participant at his last known address a reminder that he is eligible for such
pension and an application therefor. If such application is not filed with the
Committee in accordance with the provisions of the Plan within one hundred
eighty (180) days after it is so mailed to such Retired Participant, his
deferred vested benefit shall be forfeited; provided, however, that upon the
subsequent filing of an application for such pension by such Retired
Participant, such pension shall be reinstated retroactive to the commencement
date for such pension specified in Section 5.8(a) (in accordance with the
provisions of the first sentence of this Subsection) and shall commence no later
than sixty (60) days after such application is filed.

         5.2.     Normal Form of Payment (Including Qualified Joint and Survivor
                  Annuity)

                  (a)      If a Participant has no Spouse at the time of his
Pension Commencement Date, his pension payable under Article IV shall be paid
monthly to him for his lifetime in an amount equal to one-twelfth (1/12) of the
annual retirement benefit determined under Article IV (unless he effectively
elects an optional form of benefit pursuant to Section 5.3).

                  (b)      If a Participant has a Spouse at the time of his
Pension Commencement Date, the pension payable under Article IV shall be a
reduced amount (as determined in this Subsection) payable to such Participant
during his lifetime and, after his death, shall be one-half (1/2) of such
reduced amount payable to the Participant's surviving Spouse during the
surviving Spouse's lifetime (the "Qualified Joint and Survivor Annuity") (unless
he effectively elects an optional form of benefit pursuant to Subsection (a) of
this Section or Section 5.3). The Qualified Joint and Survivor Annuity shall be
paid monthly to the Participant in an amount equal to one-twelfth (1/12) of the
reduced amount provided in this Subsection and shall be paid monthly to the
Participant's surviving Spouse in an amount equal to one-twelfth (1/12) of half
the reduced amount provided in this Subsection after the Participant's death.
The reduced pension payable to a Participant and his Spouse pursuant to the
Qualified Joint and Survivor Annuity shall be the Actuarial Equivalent of the
pension that would, except for this Subsection, be payable to the Participant
for his lifetime.

                           (1)      A Participant may elect to waive the
         Qualified Joint and Survivor Annuity and to have the pension payable to
         him under Article IV paid in a form provided in Subsection (a) of this
         Section or Section 5.3 (and may rescind such election) at any time
         during the ninety (90) day period ending on his Pension Commencement
         Date. An election to waive the Qualified Joint and Survivor Annuity may
         be revoked by the Participant at any time during such ninety (90) day
         period, and once revoked, another election may be made at any time
         thereafter during the election period. No such election to waive the

                                       25

<PAGE>

         Qualified Joint and Survivor Annuity shall be effective unless the
         Participant's Spouse consents in writing to such election and the
         election designates the alternative form of benefit in which the
         pension will be paid and, if applicable, any Beneficiary, other than
         the Spouse, which designation(s) may not be changed without the consent
         of the Participant's Spouse. The consent of the Participant's Spouse
         must acknowledge the effect of such election and be witnessed by a
         notary public. Any such consent shall not be required if the
         Participant elects the 100% Joint and Survivor option pursuant to
         Section 5.3(a)(iii), or if it is established to the satisfaction of the
         Committee that such consent cannot be obtained because there is no
         Spouse, because the Spouse cannot be located, or because of such other
         circumstances as the Secretary of the Treasury may prescribe by
         regulations. Any consent of a Spouse (or establishment that such
         consent cannot be obtained) under the provisions of this Paragraph
         shall be effective only with respect to such Spouse. Any election to
         waive the Qualified Joint and Survivor Annuity, and any revocation of
         such election, may be made solely by an instrument (in form acceptable
         to the Committee) signed by the Participant and filed with the
         Committee during the election period described in this Paragraph. If a
         Participant effectively waives the Qualified Joint and Survivor
         Annuity, the pension payable to such Participant shall be based on the
         amount of pension that would be payable to him pursuant to Subsection
         (a) of this Section, assuming that he had no Spouse.

                           (2)      Effective as of January 1, 2000, the Plan
         Administrator shall provide each Participant, not more than ninety (90)
         days, nor less than thirty (30) days, before his Pension Commencement
         Date, a written explanation of:

                                    (A)      the terms and conditions of the
                  Qualified Joint and Survivor Annuity;

                                    (B)      the Participant's right to make,
                  and the effect of, an election provided in Paragraph (i) of
                  this Subsection;

                                    (C)      the rights of a Participant's
                  Spouse under this Section;

                                    (D)      the right to make, and the effect
                  of, a revocation of an election under Paragraph (i) of this
                  Subsection; and

                                    (E)      a general description of the
                  eligibility features and relative values of the optional forms
                  of benefit described in Subsection (a) of this Section and
                  Section 5.3.

         Notwithstanding the foregoing, such explanation may be provided no less
         than eight (8) days before the Participant's Pension Commencement Date
         if the Participant (and the Participant's Spouse, unless the benefit is
         paid in the form of a Qualified Joint and Survivor Annuity) consent to
         a waiver of the 30-day notice requirement.

                  (c)      The amounts payable to a Participant pursuant to this
Section shall begin as of the first day of the month after such Participant
shall have become entitled thereto pursuant to the provisions of the Plan, shall
continue to be paid as of the first day of each month thereafter during his
lifetime, and shall cease with the payment made as of the first day of the month
in which such Participant dies. The amounts payable to a Spouse pursuant to
Subsection (b) of this Section shall begin as of the first day of the month
after the month in which the Participant dies, provided the Spouse is living on
such day, shall continue to be paid as of the first day of each month thereafter
during the surviving Spouse's lifetime, and shall cease with the payment made as
of the first day of the month in which such Spouse dies.

                  (d)      Notwithstanding the foregoing provisions of this
Section, (i) in the event a Participant receiving a Qualified Joint and Survivor
Annuity dies before he and his Spouse have been married for a period of at least
one (1) year ending on the Participant's death, no benefit shall be payable to
such Spouse under Subsection (b) of this Section, and the difference between the
reduced pension theretofore in fact paid to the Participant and the pension that
would have been paid to him if he had no Spouse at the time his pension
commenced (determined by the Actuary) shall be paid in a lump sum to his Death
Beneficiary, and (ii) if the Participant's Spouse dies (or their marriage is
dissolved by absolute divorce, annulment or any other event) on or after the
Participant's Pension Commencement Date and while the Participant is living but
before the Participant and his Spouse have been married for a period of at least
one (1) year ending on the Participant's death or other event that terminates
the marriage, no

                                       26

<PAGE>

benefit shall be payable to such Spouse under Subsection (b) of this Section,
the pension payable to the Participant thereafter shall be increased to the
amount that would have been payable to him if he had no Spouse at the time his
pension commenced, and an appropriate additional payment shall be made to the
Participant to reflect the difference between the reduced pension theretofore in
fact paid to such Participant and the pension that would have been paid to him
if he had no Spouse at the time his pension commenced (determined by the
Actuary). If the Participant's Spouse dies on or after the Participant's Pension
Commencement Date and while the Participant is living, the Qualified Joint and
Survivor Annuity elected shall continue in force and the Participant's reduced
pension shall not be increased thereby.

                  (e)      If the Spouse of a Participant dies before the
Participant's Pension Commencement Date, any deemed election by the Participant
of the Qualified Joint and Survivor Annuity shall be null and void.

         5.3.     Optional Forms of Benefits

                  (a)      Instead of the form of pension to which a Participant
is or may become entitled pursuant to Section 5.2, a Participant who is eligible
to receive a pension pursuant to Article IV may elect (subject to the provisions
of this Section and to such procedural rules as may be adopted by the Committee)
any one of the optional forms of benefits specified in Section 5.2 or the
following paragraphs. Any such optional form of benefit shall be the Actuarial
Equivalent of the pension otherwise payable for the Participant.

                           (1)      Option 1 (Five-Year Certain): A Participant
         may elect to receive a reduced pension payable to him during his
         lifetime with the provision that, in the event of his death before he
         receives sixty (60) monthly payments, monthly pension payments will
         continue (at the same reduced rate) to his Death Beneficiary until the
         number of monthly payments made to his Death Beneficiary when added to
         the number of monthly pension payments made to the Participant, equals
         sixty (60); provided, however, that in the event there is no Death
         Beneficiary, any remaining payments shall be paid to the Participant's
         estate.

                           (2)      Option 2 (Ten-Year Certain): A Participant
         may elect to receive a reduced pension payable to him during his
         lifetime with the provision that, in the event of his death before he
         receives one hundred twenty (120) monthly payments, monthly pension
         payments will continue (at the same reduced rate) to his Death
         Beneficiary until the number of monthly payments made to his Death
         Beneficiary, when added to the number of monthly pension payments made
         for the Participant, equals one hundred twenty (120); provided, however
         that in the event there is no Death Beneficiary, any remaining payments
         shall be paid to the Participant's estate.

                           (3)      Option 3 (100% Joint and Survivor): A
         married Participant may elect to receive a reduced pension payable to
         him during his lifetime and, after his death, to have the same reduced
         amount payable to his surviving Spouse during the surviving Spouse's
         lifetime. Notwithstanding the foregoing, (A) in the event a Participant
         receiving payments pursuant to this Paragraph dies before he and his
         Spouse have been married for a period of at least one (1) year ending
         on the Participant's death, no benefit shall be payable to such Spouse
         under this Paragraph, and the difference between the reduced pension
         theretofore in fact paid to the Participant and the pension that would
         have been paid to him if he had no Spouse at the time his pension
         commenced (determined by the Actuary) shall be paid in a lump sum to
         his Death Beneficiary, and (B) if the Participant's Spouse dies (or
         their marriage is dissolved by absolute divorce, annulment or any other
         event) on or after the Participant's Pension Commencement Date and
         while the Participant is living but before the Participant and his
         Spouse have been married for a period of at least one (1) year ending
         on the Participant's death or other event that terminates the marriage,
         no benefit shall be payable to such Spouse under this Paragraph, the
         pension payable to the Participant thereafter shall be increased to the
         amount that would have been payable to him if he had no Spouse at the
         time his pension commenced, and an appropriate additional payment shall
         be made to the Participant to reflect the difference between the
         reduced pension theretofore in fact paid to such Participant and the
         pension that would have been paid to him if he had no Spouse at the
         time his pension commenced (determined by the Actuary). If the
         Participant's Spouse dies on or after the Participant's Pension
         Commencement Date and while the Participant is living, the option
         elected pursuant to this Paragraph shall continue in force and the
         Participant's reduced pension shall not be increased thereby.

                                       27

<PAGE>

                           (4)      Option 4 (Lump Sum Option): (A) Effective as
         of January 1, 1999, a Participant may elect to receive a single lump
         sum cash payment of his benefit in accordance with Subsection (C)
         below. The actuarial assumptions used to determine such lump sum cash
         payment of a Participant's benefit shall be those specified in Section
         2.3(c).

                                    (B)      For purposes of calculating the
                  lump sum cash payment payable to an Exempt Participant who has
                  attained age 50 as of his Severance Date and whose age plus
                  Vesting Years of Service as of his Severance Date is equal to
                  or greater than 75, the applicable percentage used to reduce
                  such Participant's normal retirement benefit payable at age 65
                  shall depend on the age of the Participant at the time the
                  lump sum payment is to be made, as follows:

<TABLE>
<CAPTION>
Age at Which Lump Sum Cash                     % of Normal Retirement
      Payment is Paid                             Accrued Benefit
      ---------------                             ---------------
<S>                                            <C>
           65                                         100%
           64                                          96%
           63                                          92%
           62                                          88%
           61                                          84%
           60                                          80%
           59                                          75%
           58                                          70%
           57                                          65%
           56                                          60%
           55                                          55%
           54                                          50%
           53                                          45%
           52                                          40%
           51                                          35%
           50                                          30%
</TABLE>

                  The percentages provided in this Subsection shall be
                  interpolated on the basis of months if a Participant's lump
                  sum cash payment is calculated as of a fractional age. For
                  purposes of this Subsection, fifteen days or more of a month
                  shall constitute a whole month.

                  In no event shall the applicable percentage of a Participant's
                  normal retirement benefit payable pursuant to this Subsection
                  be less than the percentage payable using the actuarial
                  assumptions specified in Section 2.3(c).

                           (C)      (I)      A Participant who terminates
                           employment (1) on or after his Normal Retirement
                           Date, (2) on or after attaining age 55 with at least
                           10 Vesting Years of Service, or (3) if such
                           Participant is an Exempt Participant, on or after
                           attaining age 50 if age plus Vesting Years of Service
                           is equal to or greater than 75, must elect to receive
                           a lump sum cash payment within the ninety (90) day
                           period ending on his Pension Commencement Date.

                                    (II)     A Participant who is eligible for a
                           deferred vested benefit pursuant to Section 4.4 must
                           elect to receive a lump sum cash payment within
                           ninety (90) days following receipt of the letter
                           advising him of his entitlement to a deferred vested
                           pension benefit and the amounts payable under the
                           applicable options; otherwise, such Participant shall
                           not again be eligible to commence receipt of his
                           deferred vested pension benefit in the form of a lump
                           sum cash payment until age 55 (if Vesting Years of
                           Service were 10 or more years) or age 65 (if Vesting
                           Years of Service were less than 10 years).

                                    (III)    A Participant who fails to elect a
                           lump sum cash payment during the election period
                           specified in Subsections (iv)(C)(I) and (iv)(C)(II)
                           shall receive his benefit in the normal annuity form
                           of payment set forth in Section 5.2 or in an optional
                           form of payment set forth in Subsection 5.3(a)(i),
                           5.3(a)(ii) or 5.3(a)(iii).

                                       28

<PAGE>

                                    (D)      This lump sum option provision
                  shall also apply to surviving spouses who qualify for either a
                  Surviving Spouse Benefit pursuant to Section 4.5 or a
                  Qualified Pre-retirement Survivor Annuity pursuant to Section
                  4.6 if the Employee was an active Participant in the Plan on
                  or after January 1, 1999. Furthermore, this lump sum provision
                  shall also apply to an Alternate Payee entitled to a pension
                  benefit from the Plan pursuant to a qualified domestic
                  relations order if the Employee whose benefit is impacted by
                  the qualified domestic relations order was an active
                  Participant in the Plan on or after January 1, 1999.

                  (b)      A Retired Participant who is receiving benefits under
Paragraph (i) or (ii) of Subsection (a) of this Section may change his Death
Beneficiary after his Pension Commencement Date and, except as provided in
Section 5.2(b)(i), may make such change without the consent of his Death
Beneficiary.

                  (c)      If the Spouse of a Participant dies before the
Participant's Pension Commencement Date, any election by the Participant under
Paragraph (iii) of Subsection (a) of this Section shall be null and void.

         5.4.     Optional Forms-General

                  (a)      An election of an option under Section 5.3 may be
made (and may be rescinded) and the Participant's Death Beneficiary may be
designated (and such designations may be changed), solely by an instrument (in
form acceptable to the Committee) signed by the Participant and filed with the
Plan Administrator while he is living and during the election period described
in Section 5.2(b)(i). No election, rescission, designation or change under the
provisions of this Section shall be effective with respect to a married
Participant unless the same conditions specified in Section 5.2(b)(i) regarding
the consent of a Participant's Spouse for the waiver of the Qualified Joint and
Survivor Annuity are met.

                  (b)      Except as otherwise provided in the Plan, any pension
under the Plan shall be paid monthly as of the first of each month for which a
pension is payable, but no pension shall be payable for a Participant, Death
Beneficiary or Spouse unless he is living on the date his pension is to begin.

                  (c)      The rules of the Administrative Committee with
respect to optional forms of benefits may be changed by the Committee from time
to time, but they shall be uniform in their application to all Participants who
are similarly situated.

         5.5.     Immediate Distributions

                  Effective as of January 1, 1998, notwithstanding any other
provision of the Plan to the contrary, if the lump-sum Actuarial Equivalent of a
pension (determined as of the date of payment) payable to a Participant who is
eligible to retire solely pursuant to Section 4.4 does not exceed Five Thousand
Dollars ($5,000), such lump-sum Actuarial Equivalent shall be paid to the
Retired Participant (or, if applicable, his Spouse) as soon as administratively
feasible following the Retired Participant's Severance Date, without regard to
any requirement for consent of the Retired Participant or his Spouse and whether
or not an application for such pension has been filed pursuant to Section 5.1.
If the lump-sum Actuarial Equivalent of the pension payable to a Retired
Participant is zero, such pension shall be deemed to have been distributed
pursuant to this Section. No interest shall be due on any pension payment by
reason of the fact that it is not paid on or before the date it is payable,
unless the pension payment is determined under Section 4.1(b)(iv) or Section
4.1(b)(v) and is made more than six (6) months after the date it is payable. A
pension payment that is determined under Section 4.1(b)(iv) and Section
4.1(b)(v) and that is made more than six months after the date it is payable
shall be adjusted annually by the lesser of an interest rate equal to five
percent (5%) or the interest rate set forth in Section 2.3(c). For purposes of
this Section, the term "pension" shall include any surviving spouse pension
payable under Section 4.5 or 4.6.

         5.6.     Payment of Pensions

                  (a)      No pension shall be payable for any Participant for
any month on the first day of which he is an Employee, unless (i) during such
month he completes fewer than forty (40) Hours of Service or receives payment
for Hours of Service performed on less than eight (8) days after reemployment by
the Controlled Group following his termination of employment with the Controlled
Group after his Normal Retirement Date, or (ii) during such month he completes
at least forty (40) Hours of Service or receives payment for Hours of Service
performed on

                                       29
<PAGE>

at least eight (8) days after reemployment by the Controlled Group following his
termination of employment with the Controlled Group after his Normal Retirement
Date and the Plan Administrator has not given him notice in accordance with
applicable law that pension payments to him are being withheld pursuant to this
Section. If a pension becomes payable to an Employee pursuant to Paragraph (ii)
of this Subsection during a Plan Year, the benefit accruals, if any, required by
the Plan for such Plan Year with respect to such Employee shall, in accordance
with regulations promulgated by the Secretary of the Treasury, be treated as
satisfied to the extent of the Actuarial Equivalent of such pension payments.

                  (b)      All distributions under the Plan shall be made in the
form of cash payments made directly to the Participant or Death Beneficiary.

                  (c)      Notwithstanding Subsection (b) of this Section, to
the extent that a distribution pursuant to Section 5.5 is an Eligible Rollover
Distribution, the Participant, Death Beneficiary (provided such Beneficiary is a
Spouse) or, if applicable, alternate payee (as defined in Code Section 414(p))
who will receive such Eligible Rollover Distribution may elect a direct rollover
of that Distribution into an "eligible retirement plan" (as defined in (f)
below). A direct rollover is a payment made by the Plan to an eligible
retirement plan specified by the Participant, Spouse or alternate payee pursuant
to Code Section 401(a)(31) and the regulations thereunder.

                  (d)      The Plan Administrator shall provide a Participant,
Spouse or alternate payee who will receive an Eligible Rollover Distribution
with a written notice describing his rights under this Section, such other
information required to be provided under Code Section 402(f), and, if
applicable, the right to defer receipt of such Distribution no less than thirty
(30) nor more than ninety (90) days before the date scheduled for payment of
such Distribution; provided, however, if the Distribution is made pursuant to
Section 5.5, a Participant, Spouse or alternate payee may elect to waive such
thirty (30) day requirement if (i) he is clearly informed by the Plan
Administrator of his right to a period of at least thirty (30) days after
receiving the written notice to consider a particular form of benefit and (ii)
after receiving the written notice, he affirmatively elects the distribution.
Nothing contained in this Subsection shall be construed to accelerate the timing
of a distribution or withdrawal otherwise provided in the Plan.

                  (e)      The Administrative Committee shall adopt, and may
amend from time to time, rules of uniform application governing payments
pursuant to this Section.

                  (f)      For periods prior to January 1, 2002, the term
"eligible retirement plan" has the meaning assigned to such term under Code
Section 401(a)(31)(E). Effective January 1, 2002, the term "eligible retirement
plan" means any of the following plans that accepts a Participant's Eligible
Rollover Distribution: (a) an individual retirement account described in Code
Section 408(a); (b) an individual retirement annuity described in Code Section
408(b); (c) an annuity plan described in Code Section 403(a); (d) a qualified
trust described in Code Section 401(a); (e) an annuity contract described in
Code Section 403(b); and (f) an eligible plan under Code Section 457(b) which is
maintained by a State, political subdivision of a State, or any agency or
instrumentality of a State or political subdivision of a State and which agrees
to separately account for amounts transferred into such plan from this Plan.
However, in the case of an Eligible Rollover Distribution made before January 1,
2002 to a surviving spouse, an Eligible Retirement Plan is an individual
retirement account described in Code Section 408(a) or an individual retirement
annuity described in Code Section 408(b).

         5.7.     Reemployment of Retired Participants

                  (a)      If a Retired Participant is reemployed by a
Controlled Group Member, (i) pension payments to him, if any, shall cease (A) if
the termination of his employment with the Controlled Group that made him
eligible to receive a pension under the Plan (hereinafter in this Section
referred to as his "original termination of employment") occurred before his
Normal Retirement Date, until his subsequent termination of employment with the
Controlled Group or (B) if his original termination of employment occurred on or
after his Normal Retirement Date, for each month in which he completes at least
forty (40) Hours of Service or receives payment for Hours of Service performed
on at least eight (8) days (provided he has been given the notice described in
Section 4.1(d)(ii)), (ii) he shall be recredited with the Eligibility Years of
Service, Benefit Years of Service and Vesting Years of Service he had at the
time of his original termination of employment and (except as provided in
Paragraph (iii) of this Subsection and Section 4.1(d)) he shall be treated for
purposes of the Plan as if he had not previously terminated employment with the
Controlled Group, and (iii) upon his subsequent termination of employment with
the

                                       30

<PAGE>

Controlled Group and his filing of a proper application pursuant to Section 5.1,
or upon becoming entitled to receive a pension as provided in Section 4.1(d) in
the case of a Retired Participant referred to in Subparagraph (B) of Paragraph
(i) of this Subsection, he shall be entitled to a pension based on his total
Benefit Years of Service and Vesting Years of Service and on the provisions of
the Plan as then in effect if he then meets the other requirements for a pension
under the Plan; provided, however, that the pension payable upon his subsequent
termination with respect to his Period of Service prior to his original
termination of employment shall not be less than it would have been if he had
not been so reemployed; and provided further if the pension payable to him upon
his original termination of employment commenced before such reemployment, there
shall be deducted from the amount of his new monthly pension (and that of his
Beneficiary in the event of his death) during the period it is paid to him (and
his Beneficiary) an amount which is the Actuarial Equivalent of the pension
payments previously paid to or for the Participant.

                  (b)      If pension payments are not suspended pursuant to
this Section for such an Employee, the benefit accruals required by the Plan
with respect to his Service after his Normal Retirement Date shall be treated as
satisfied to the extent of the Actuarial Equivalent of such pension payments;
provided, however, that this Subsection shall not apply to a reemployed
Participant whose original termination of employment occurred on or after his
Normal Retirement Date if payments are not suspended because such Participant
fails to complete at least forty (40) Hours of Service or receive payment for
Hours of Service performed on at least eight (8) days.

         5.8.     Latest Time for Distribution

                  (a)      The payment of benefits under the Plan to a
Participant shall begin as provided in the preceding Sections of this Article,
but (subject to the consent requirements of Section 5.1) in no event later than
the sixtieth (60th) day after the close of the Plan Year in which the latest of
the following events occurs:

                           (1)      the date the Participant attains his Normal
         Retirement Date;

                           (2)      the tenth (10th) anniversary of the year in
         which the Participant commenced participation in the Plan or the Prior
         Plan; or

                           (3)      the date of the Participant's termination of
         employment with the Controlled Group.

                  (b)      Notwithstanding any other provision of the Plan, to
the extent required under Code Section 401(a)(9):

                           (1)      Effective as of March 31, 2000, any
         Participant who (A) is a 5% owner (as defined in Code Section 416) or
         (B) attains age 70 1/2 prior to March 31, 2000, or (C) has terminated
         employment with the Controlled Group and who has not commenced to
         receive distribution of his entire interest under the Plan as of April
         1 of the calendar year following the calendar year in which he attains
         age 70 1/2, will commence to receive distribution of such entire
         interest under the Plan as of such date, based on the amount of such
         Participant's entire interest under the Plan as of such date. The
         entire interest under the Plan of any other Participant must commence
         to be distributed no later than the April 1 of the year following the
         year in which he terminates employment with the Controlled Group.

                           (2)      If distribution of a Participant's interest
         under the Plan has begun and such Participant dies before his entire
         interest has been distributed to him, the remaining portion of such
         interest shall be distributed to his Death Beneficiary at least as
         rapidly as under the method of distribution being used as of the date
         of his death.

                           (3)      If a Participant dies before the
         distribution of his interest under the Plan has begun, the entire
         interest of the Participant shall be distributed to his Death
         Beneficiary by December 31 of the year in which occurs the fifth (5th)
         anniversary of such Participant's death; provided, however, that such
         five (5) year rule shall not be applicable to any portion of the
         Participant's interest under the Plan that is payable to any individual
         designated by the Participant as his Beneficiary if (A) such portion
         will be distributed beginning not later than one (1) year after the
         date of the Participant's death (in accordance with regulations
         prescribed by the Secretary of the Treasury) over the life of such
         Beneficiary (or over a period

                                       31

<PAGE>

         not extending beyond the life expectancy of such Beneficiary), or (B)
         such Beneficiary is the Participant's surviving Spouse and such
         distributions to such surviving Spouse begin not later than the
         December 31 of the calendar year in which the Participant would have
         attained age seventy and one-half (70 1/2).

                           (4)      The entire interest of a Participant
         described in this Subsection shall be distributed in the manner
         described in Articles IV and V hereof, treating the date described in
         Paragraph (i) of this Subsection as the Participant's Pension
         Commencement Date. Without limiting the generality of the foregoing, a
         Participant required to commence receiving his pension pursuant to
         Paragraph (i) of this Subsection shall be permitted to elect to receive
         such pension in any optional form of benefit available under Article
         IV, provided that any applicable spousal consent requirements are
         satisfied with respect to such election.

                           (5)      If a Participant accrues any additional
         benefits under the Plan after the date described in Paragraph (i) of
         this Subsection, such additional benefits shall commence to be
         distributed, in the same form as the pension then currently being paid
         to such Participant, beginning with the first monthly payment made in
         the calendar year following the calendar year in which such additional
         benefits accrue. Notwithstanding the foregoing, such additional benefit
         accruals shall be offset (in whole or in part), in accordance with the
         regulations promulgated by the Secretary of the Treasury, by any
         benefit payments then being made to the Participant hereunder.

                           (6)      The entire interest under the Plan of a
         Participant who attains age 70 1/2 after March 31, 2000, who terminates
         employment with the Controlled Group after attaining age 70 1/2 and
         whose payment of such entire interest under the Plan is delayed until
         such termination of employment shall be actuarially increased to take
         into account the period after age 70 1/2 in which the Participant was
         not receiving benefits under the Plan.

                  (c)      Distributions under the Plan shall be made in
accordance with the provisions of Code Section 401(a)(9) and Treasury
Regulations issued thereunder, including Treasury Regulation Section
1.401(a)(9)-2, which provisions are hereby incorporated into the Plan by
reference, provided that such provisions shall override the other distribution
provisions of the Plan only to the extent that such other Plan provisions
provide for distribution that is less rapid than required under such provisions
of the Code and regulations. Nothing contained in this Section shall be
construed as providing any optional form of payment that is not available under
the other distribution provisions of the Plan.

         5.9.     Provision Pursuant to Internal Revenue Code Section 401(a)(15)

                  In the case of a Participant or Beneficiary who is receiving
benefits under the Plan, or in the case of a Participant who is separated from
service and who has nonforfeitable rights to benefits, such benefits shall not
be decreased by reason of any increase in the benefit levels payable under Title
II of the Social Security Act or any increase in the wage base under such Title
II, if such increase takes place after the earlier of the date of first receipt
of such benefits or the date of such separation, as the case may be.

                                       32

<PAGE>

                                   ARTICLE VI

                             EMPLOYER CONTRIBUTIONS

         6.1.     No Contributions by Employees

                  All contributions to the Trust shall be made by the Employers.
No contributions may be made by any Employee.

         6.2.     Contributions to the Trust Fund

                  Each Employer shall contribute and pay into the Trust Fund in
cash or, to the extent permitted by applicable law, in property of any kind, to
be held and administered in trust pursuant to the terms of the Plan, such
amounts as the Company shall determine on advice of the Actuary but in no event
less than the minimum amount required by the minimum funding standards set forth
in Code Section 412, all as determined by the Actuary, and at such times as may
be required by applicable law. The value of any property so contributed shall be
its fair market value at the time it is so contributed. Each such contribution
shall be made on the condition that the contribution is deductible under Code
Section 404(a)(1) (or any successor thereto).

         6.3.     Return of Contributions to Employers

                  (a)      Except as specifically provided in this Section or in
the other Sections of the Plan, the Trust Fund shall never inure to the benefit
of the Employers and shall be held for the exclusive purposes of providing
benefits to Employees, Participants and their Beneficiaries and defraying
reasonable expenses of administering the Plan.

                  (b)      If a contribution to the Trust Fund is made by an
Employer by a mistake of fact, the excess of the amount contributed over the
amount that would have been contributed had there not occurred a mistake of fact
shall be returned to such Employer within one (1) year after the payment of such
contribution. If a contribution to the Trust Fund is made by an Employer that is
not fully deductible under Code Section 404 (or any successor thereto), such
contribution, to the extent the deduction therefor is disallowed, shall be
returned to the Employer within one (1) year after the disallowance of the
deduction. Earnings attributable to contributions returned to an Employer
pursuant to this Subsection may not be returned, but losses attributable thereto
shall reduce the amount to be returned.

         6.4.     Funding Policy

                  The Committee, as a Named Fiduciary, shall (a) determine,
establish and carry out a funding policy and method consistent with the
objectives of the Plan and the requirements of applicable law, and (b) furnish
from time to time to the person responsible for the investment of assets held in
the Trust information such Committee may have relative to the Plan's probable
short-term and long-term financial needs, including any probable need for
short-term liquidity, and such Committee's opinion (if any) with respect
thereto.

         6.5.     No Duty to Enforce Payment

                  Neither the Trustee nor the Committee nor any other person
shall be under any duty to inquire into the correctness of the amount
contributed and paid over to the Trustee hereunder, nor shall the Trustee or the
Committee or any other person be under any duty to enforce the payment of the
contributions to be made hereunder by any Employer.

                                       33

<PAGE>

                                  ARTICLE VII

            ADMINISTRATION OF THE PLAN AND FIDUCIARY RESPONSIBILITIES

         7.1.     Responsibility for Administration

                  (a)      Except to the extent that particular responsibilities
are otherwise assigned or delegated to other Fiduciaries under the Plan, the
Committee shall be responsible for the administration of the Plan. Each other
Fiduciary shall have only such powers, duties, responsibilities and authorities
as are specifically conferred upon him pursuant to provisions of the Plan. Any
person may serve in more than one fiduciary capacity with respect to the Plan or
Trust Fund, if pursuant to the Plan, he is assigned or delegated any multiple
fiduciary capacities.

                  (b)      In establishing the discretion, authority and
responsibility of the Committee, it is the intent of the Company to grant the
Committee the broadest possible powers to interpret and administer the Plan so
that judicial review of the Committee's decisions is limited to the extent
allowed by law and maximum deference is given to all the Committee's decisions
under the Plan.

         7.2.     Named Fiduciaries

                  For the purposes of the Plan, the Named Fiduciaries shall be
the Committee and the Trustee (and Roadway LLC for periods prior to January 1,
2003). The Company may, by written instrument, designate any other person or
persons as a Named Fiduciary or Named Fiduciaries to perform functions specified
in such instrument (or in a delegation pursuant to Section 7.3) that relate to
the administration of the Plan, provided such designee accepts such designation.
Such a designation may be terminated at any time by notice from the Company to
the designee or by notice from the designee to the Company.

         7.3.     Delegation of Fiduciary Responsibilities

                  (a)      The Committee may delegate to any person or persons
any one or more of its powers, functions, duties and/or responsibilities with
respect to the Plan or the Trust Fund.

                  (b)      Any delegation pursuant to Subsection (a) of this
Section 7.3 shall be signed on behalf of the Committee and delivered to and
accepted in writing by the delegatee, (ii) shall contain such provisions and
conditions relating to such delegation as the Committee deems appropriate, (iii)
shall specify the powers, functions, duties and/or responsibilities therein
delegated, (iv) may be amended from time to time by written agreement signed on
behalf of the Committee and by the delegatee and (v) may be revoked (in whole or
in part) at any time by written notice from one party to the other. A fully
executed copy of any instrument relating to any delegation (or revocation of any
delegation) under the Plan shall be filed with each of the Named Fiduciaries.

         7.4.     Immunities

                  Except as otherwise provided in Section 7.5 or by applicable
law, (a) no Fiduciary shall have the duty to discharge any duty, function or
responsibility that is specifically assigned exclusively to another Fiduciary or
Fiduciaries by the terms of the Plan or is delegated exclusively to another
Fiduciary or Fiduciaries pursuant to procedures for such delegation provided for
in the Plan; (b) no Fiduciary shall be liable for any action taken or not taken
with respect to the Plan or Trust Fund except for his own negligence or willful
misconduct; (c) no Fiduciary shall be personally liable upon any contract or
other instrument made or executed by him or on his behalf in the administration
of the Plan or Trust Fund; (d) no Fiduciary shall be liable for the neglect,
omission or wrongdoing of another Fiduciary; and (e) any Fiduciary may rely and
shall be fully protected in acting upon the advice of counsel, who may be
counsel for any Controlled Group Member, upon the records of a Controlled Group
Member, upon the opinion, certificate, valuation, report, recommendation or
determination of the certified public accountants appointed to audit a
Controlled Group Member's financial statements, or upon any certificate,
statement or other representation made by an Employee, a Participant, a
Beneficiary or the Trustee concerning any fact required to be determined under
any of the provisions of the Plan.

                                       34

<PAGE>

         7.5.     Limitation on Exculpatory Provisions

                  Notwithstanding any other provision of the Plan, no provision
of the Plan shall be construed to relieve (or have the effect of relieving) any
Fiduciary from any responsibility or liability for any obligation,
responsibility or duty imposed on such Fiduciary by Part 4 of Title 1 of ERISA.

         7.6.     Administrative Committee-Organization

                  The Company shall appoint the Committee to perform the duties
hereinafter set forth. The Committee shall consist of three (3) or more
individuals who have accepted appointment thereto. The members of the Committee
shall serve at the discretion of the Company and may resign by delivering
written resignation to the Company. Vacancies in the Committee arising for any
reason shall be filled by the Company, provided that any vacancy unfilled for
thirty (30) days may be filled by a majority vote of the remaining members of
the Committee.

         7.7.     Compensation

                  The members of the Committee shall serve without compensation,
but all reasonable expenses of the Committee shall be paid from the Trust Fund
unless the Company makes such payments directly.

         7.8.     Qualification

                  Members of the Committee shall not be disqualified from acting
because of any interest, benefit or advantage, inasmuch as it is recognized that
the members may be Employees of the Employer and Participants in the Plan;
provided, however, that no member of the Committee shall have any right to vote
upon or decide any matter relating solely to his own rights under the Plan.

         7.9.     Interpretation of the Plan and Findings of Facts

                  Effective as of January 1, 2000, the Committee shall have the
sole and absolute discretion to interpret the provisions of the Plan (including,
without limitation, by supplying omissions from, correcting deficiencies in, or
resolving inconsistencies or ambiguities in, the language of the Plan), to make
factual findings with respect to any issue arising under the Plan, to determine
the rights and status under the Plan of Participants and other persons, to
decide disputes arising under the Plan and to make any determinations and
findings (including factual findings) with respect to the benefits payable
thereunder and the persons entitled thereto as may be required for the purposes
of the Plan. In furtherance thereof, but without limiting the foregoing, the
Committee is hereby granted the following specific authorities, which it shall
discharge in its sole and absolute discretion in accordance with the terms of
the Plan (as interpreted, to the extent necessary, by the Committee):

                  (a)      to resolve all questions (including factual
questions) arising under the provisions of the Plan as to any individual's
entitlement to become a Participant;

                  (b)      to determine the amount of benefits, if any, payable
with respect to any person under the Plan (including to the extent necessary,
making factual findings with respect thereto); and

                  (c)      to conduct the claims procedures specified in Article
VIII.

All decisions of the Committee as to the facts of any case, and the application
thereof to any case, as to the interpretation of any provision of the Plan or
its application to any case, and as to any other interpretative matter or other
determination or question under the Plan shall be final and binding on all
parties affected thereby, subject to the provisions of Article VIII.

         7.10.    Operation of the Committee

                  (a)      (1)      The Committee shall act only by a majority
vote of its members present at a meeting at which a quorum is present or by the
unanimous written consent of all of its members without a meeting. A quorum for
any meeting of the Committee shall be a majority of its members in office at
that time. No member shall act by proxy unless by proxy given in writing to
another such committee member.

                                       35

<PAGE>

                           (2)      The Committee may appoint a Chairman and a
         Secretary from among its members. It shall authorize one (1) or more of
         its members to execute any document on its behalf, in which event the
         Committee shall notify the Trustee in writing of such action and the
         names of its members so designated. The Trustee thereafter shall accept
         and rely upon any document executed by such members as representing
         action by the Committee until the Committee shall file with the Trustee
         a written revocation of such designation.

                           (3)      Consistent with the foregoing, the Committee
         may adopt such by-laws and regulations as it deems desirable for the
         conduct of its affairs and it may appoint such accountants, counsel,
         specialists and other persons as it deems necessary or desirable in
         connection with its duties and responsibilities under the Plan.

                  (b)      The Committee shall keep a record of all of its
proceedings and acts and all such books of account, records and other data as
may be necessary for administration of the Plan as provided herein. The
Committee shall notify the Trustee and the Board of Directors of any action
taken by the Committee and, when necessary or required, any other interested
person.

         7.11.    Correction of Errors

                  Notwithstanding anything herein to the contrary, the Plan
Administrator and/or the Committee may take such actions or permit such actions
to be taken as are necessary and reasonably calculated to correct an
administrative error made by an Employer, the Plan Administrator, the Committee
or any other Fiduciary.

                                       36

<PAGE>

                                  ARTICLE VIII

                                CLAIMS PROCEDURES

         8.1.     Claims

                  (a)      Any Participant or Beneficiary (a "Claimant") who
believes that he is entitled to receive a benefit under the Plan that he has not
received may file a written claim with the Committee (on the form furnished by
the Committee) specifying the basis for his claim and the facts upon which he
relies in making such claim. Such claim must be signed by the Claimant or his
authorized representative and shall be deemed filed when delivered to any member
of the Committee. The Claimant may have representation by a duly authorized
representative at any time.

                  (b)      If such claim is wholly or partially denied, within a
reasonable period of time (but not more than ninety (90) days) after such claim
is filed (plus an additional period of up to ninety (90) days if the Committee
determines that special circumstances require an extension of time for
processing the claim and if notice of the extension indicating the special
circumstances requiring the extension of time and the date by which the
Committee expects to render its decision is given to the Claimant within the
first ninety (90) day period), the Committee shall cause written notice to be
provided to the Claimant of the total or partial denial of such claim. Such
notice shall be written in a manner calculated to be understood by the Claimant
and shall advise the Claimant of:

                           (1)      The specific reason(s) for the denial of the
         claim;

                           (2)      Specific reference(s) to pertinent Plan
         provisions on which the denial of the claim was based;

                           (3)      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

                           (4)      An explanation of the review procedures
         specified in Section 8.2 and the time limits applicable to such
         procedures, including a statement of the Claimant's right to bring a
         civil action under ERISA Section 502 in the event of an adverse
         determination on review.

         8.2.     Review of Claims

                  (a)      Within sixty (60) days after the Claimant receives
written denial of his claim, the Claimant may appeal such denial by filing with
the Committee a written request for a review of such claim (on the form provided
by the Committee). In connection with such review, the Claimant shall be
entitled to (i) submit written comments, documents, records and other
information relating to his claim, (ii) receive, upon request and free of
charge, reasonable access to, and copies of, all documents, records and other
information relevant to the Claimant's claim, and (iii) a review by the
Committee that takes into account all comments, documents, records and other
information submitted by the Claimant relating to his claim, without regard to
whether such information was submitted or considered in the initial benefit
determination. If the Claimant does not file such a request with the Committee
within such sixty (60) day period, the Claimant shall be conclusively presumed
to have accepted as final and binding the initial decision of the Committee on
his claim.

                  (b)      If such an appeal is so filed within such sixty (60)
days, the Committee shall (i) conduct a full and fair review of such claim and
(ii) provide to the Claimant a written decision on the matter based on the facts
and pertinent provisions of the Plan within a reasonable period of time (but not
more than sixty (60) days) after the receipt of the request for review unless
the Committee determines that special circumstances require an extension of
time, in which case such decision shall be rendered not later than one hundred
twenty (120) days after receipt of such request. If an extension of time for
review is required, written notice of the extension indicating the special
circumstances requiring the extension of time and the date by which the
Committee expects to render its decision shall be furnished to the Claimant
within the initial sixty (60) day period. In the event an extension is granted
due to the Claimant's failure to submit information necessary to decide a claim,
the period for making the benefit

                                       37

<PAGE>

determination shall be tolled from the date on which the notice of extension is
sent to the Claimant until the date on which the Claimant responds to the
request for additional information.

                  (c)      Such decision, if it is adverse to the Claimant,
shall be written in a manner calculated to be understood by the Claimant, and
such written decision shall (i) state the specific reason(s) for the decision,
(ii) make specific reference(s) to pertinent provisions of the Plan on which the
decision is based, (iii) contain a statement that the Claimant is entitled to
receive, upon request and free of charge, reasonable access to, and copies of,
all documents, records and other information relevant to the Claimant's claim
for benefits; and (iv) contain a statement of the Claimant's right to bring an
action under ERISA Section 502(a).

                  (d)      During such full review, the Claimant or his duly
authorized representative shall be given an opportunity to review documents that
are pertinent to the Claimant's claim and to submit issues and comments in
writing.

         8.3.     Delegation of Committee's Duties

                  To the extent that the Committee delegates its duties under
Section 8.1 or 8.2 to any person or persons pursuant to Section 7.3, such person
or persons shall have the same powers to interpret the Plan and make factual
findings with respect thereto as are granted to the Committee under Section 7.9.

                                       38

<PAGE>

                                   ARTICLE IX

                            AMENDMENT AND TERMINATION

         9.1.     Right to Amend or Terminate

                  The Company has reserved, and does hereby reserve, the right
at any time, without the consent of any Employer or of the Participants,
Beneficiaries or any other person, through action of the Board of Directors, (a)
to terminate the Plan, in whole or in part or as to any or all of the Employers
or as to any designated group of Employees, Participants and their
Beneficiaries, or (b) to amend the Plan, in whole or in part. No such
termination or amendment shall decrease the amount of Employer contributions to
be made by an Employer on account of any period preceding such termination. The
Plan may be amended only by the Company. No amendment shall increase the duties
or liabilities of the Trustee without the Trustee's written consent or violate
Section 411(d)(6) of the Code.

         9.2.     Procedure for Termination or Amendment

                  Any termination or amendment of the Plan pursuant to Section
9.1 shall be expressed in an instrument executed by the Company and shall become
effective as of the date designated in such instrument or, if no date is so
designated, on the date of its execution.

         9.3.     Distribution Upon Termination

                  If the Plan shall be terminated by the Company as to all
Employers, no contributions shall thereafter be required to be made to the Trust
Fund, except as otherwise required by applicable law, and the assets remaining
in the Trust Fund (available to provide benefits) shall be allocated in
accordance with applicable law for the purposes of paying benefits provided for
in the Plan. After all liabilities of the Plan to Participants and their
Beneficiaries have been satisfied, any residual assets remaining in the Plan
shall be distributed to the Employers participating in the Plan at the time of
termination, in such proportions as may be agreed upon by the Employers, in
accordance with applicable law.

         9.4.     Amendment Changing Vesting Schedule

                  (a)      If any Plan amendment changes any vesting schedule
under the Plan, each Participant having not less than three (3) Vesting Years of
Service shall be permitted to elect, during the election period described in
Subsection (b) of this Section, to have his nonforfeitable percentage computed
under the Plan without regard to such amendment.

                  (b)      Such election period shall begin on the date the Plan
amendment is adopted and shall end no earlier than the latest of the following
dates: (i) the date that is sixty (60) days after the day the Plan amendment is
adopted, (ii) the date that is sixty (60) days after the day the Plan amendment
becomes effective or (iii) the date that is sixty (60) days after the day the
Participant is issued written notice of the Plan amendment by the Committee.

                  (c)      For purposes of Subsection (a) of this Section, a
Participant shall be considered to have completed three (3) Vesting Years of
Service if such Participant has completed three (3) Vesting Years of Service,
whether or not consecutive, without regard to the exceptions of Code Section
411(a)(4), prior to the expiration of the election period described in
Subsection (b) of this Section.

                  (d)      Notwithstanding the foregoing, the election provided
in Subsection (a) of this Section will not be provided to any Participant whose
nonforfeitable percentage under the Plan, as amended, cannot be less than such
percentage determined without regard to such amendment.

         9.5.     Nonforfeitable Amounts

                  Notwithstanding any other provision of the Plan, upon the
termination or partial termination of the Plan or upon complete discontinuance
of contributions under the Plan, the rights of all Participants to benefits
accrued to the date of such termination or partial termination or
discontinuance, to the extent then funded, shall be nonforfeitable to the extent
they do not exceed any limitation on such benefits in Article X.

                                       39

<PAGE>

         9.6.     Prohibition on Decreasing Accrued Benefits

                  No amendment to the Plan (other than an amendment described in
Code Section 412(c)(8)) shall have the effect of decreasing the Accrued Benefit
of any Participant. For purposes of the preceding sentence, a Plan amendment
that has the effect of (a) eliminating or reducing an early retirement benefit
or a retirement-type subsidy (as defined in regulations of the Secretary of the
Treasury) or (b) eliminating an optional form of benefit (except as permitted by
any such regulations) with respect to benefits attributable to service before
the amendment, shall be treated as decreasing Accrued Benefits; provided,
however, that in the case of a retirement-type subsidy this sentence shall apply
only with respect to a Participant who satisfies (either before or after the
amendment) the preamendment conditions for the subsidy.

                                       40

<PAGE>

                                   ARTICLE X

                 LIMITATION ON BENEFITS OF CERTAIN PARTICIPANTS

         10.1.    Restriction of Benefits on Plan Termination

                  Notwithstanding any other provision of this Plan to the
contrary, in the event of a termination of the Plan, the benefit of any Highly
Compensated Employee (and former Highly Compensated Employee) shall be limited
to a benefit that is nondiscriminatory under Code Section 401(a)(4).

         10.2.    Restriction on Plan Distribution

                  (a)      Notwithstanding any other provision of the Plan, the
annual payments provided by the Plan with respect to any Participant who is a
Highly Compensated Employee or former Highly Compensated Employee and who is one
of the twenty-five (25) highest paid Employees of the Controlled Group (a
"Restricted Participant") shall be restricted to an amount equal in each year to
the payments that would be made on behalf of the Restricted Participant under a
single life annuity that is the Actuarial Equivalent of the sum of (i) the
Restricted Participant's Accrued Benefit and (ii) the Restricted Participant's
other benefits under the Plan.

                  (b)      The limitations described in Subsection (a) of this
Section shall not apply if (i) after payment to a Restricted Participant of all
of his benefits under the Plan, the value of Plan assets equals or exceeds one
hundred ten percent (110%) of the value of current liabilities, (ii) prior to
payment to a Restricted Participant of all of his benefits under the Plan, the
value of the Restricted Participant's benefits is less than one percent (1%) of
the value of the Plan's current liabilities or (iii) the value of all benefits
payable to the Restricted Participant under the Plan does not exceed Five
Thousand Dollars ($5,000).

         10.3.    Miscellaneous Provisions

                  (a)      For purposes of this Article, the term "former Highly
Compensated Employee" shall mean a former Employee described in Code Section
414(q)(9); the term "current liabilities" shall mean those liabilities described
in Code Section 412(l)(7); and the term "benefit" shall mean the Accrued Benefit
of a Restricted Participant, loans in excess of the amount specified in Code
Section 72(p)(2)(A), any periodic income, any withdrawal values payable to a
living Employee, and any death benefits not provided for by insurance on the
Employee's life.

                  (b)      The provisions of this Article are meant to comply
with the requirements of Treasury Regulation Section 1.401(a)(4)-5(b) and shall
be interpreted accordingly.

                                       41

<PAGE>

                                   ARTICLE XI

                                  MISCELLANEOUS

         11.1.    Employment Not Affected

                  Nothing contained in this Plan shall constitute or be
construed as a contract of employment between any Employer and any Employee or
Participant and all Employees shall remain subject to discipline, discharge and
layoff to the same extent as if the Plan had never gone into effect. An Employer
by adopting the Plan, making contributions to the Trust Fund or taking any other
action with respect to the Plan does not obligate itself to continue the
employment of any Participant or Employee for any period or, except as expressly
provided in the Plan, to make any payments into the Trust Fund.

         11.2.    Inalienability

                  No right or interest of any kind of a Participant or
Beneficiary in the Trust Fund may be assigned, alienated, transferred, pledged
or anticipated or subject to encumbrance, garnishment, attachment, execution or
levy of any kind, voluntary or involuntary, or any other legal or equitable
process and any attempt so to assign, alienate, transfer, pledge, anticipate,
encumber, garnish, attach or levy shall be void. Notwithstanding the foregoing,
this Section shall not preclude the Trustee from complying with a qualified
domestic relations order (as defined under Code Section 414(p)). The Committee
shall develop procedures to determine whether a domestic relations order is
qualified under Code Section 414(p). Effective for judgments, orders, decrees or
settlements issued on or after August 5, 1997, notwithstanding any provision of
the Plan to the contrary, the Plan shall honor a judgment, order, decree or
settlement providing for the offset of all or a part of a Participant's benefit
under the Plan, to the extent permitted under Code Section 401(a)(13)(C);
provided that the requirements of Code Section 401(a)(13)(C)(iii) relating to
the protection of the Participant's Spouse (if any) are satisfied.

         11.3.    Incapacity to Receive Payment

                  In the event that the Committee finds that any Participant or
Beneficiary entitled to receive benefits hereunder is (at the time such benefits
are payable) unable to care for his affairs because of a physical, mental, or
legal incompetence, the Committee may, in its sole discretion, cause any payment
due him, for which prior claim has not been made by a duly qualified guardian or
other legal representative, to be paid to such one or more persons as may be
chosen by the Committee from among the following: the institution maintaining or
responsible for the maintenance of such Participant or Beneficiary, his Spouse,
his children, or other relatives by blood or marriage. Any payment made pursuant
to this Section shall be a complete discharge of all liability under the Plan
with respect to such payment.

         11.4.    Unclaimed Benefits

                  Subject to the provisions of Article VIII, when the Committee
is unable to locate a person entitled to payment of a benefit hereunder, the
Committee, upon request of the Trustee or at its own instance, shall mail by
registered or certified mail to such distributee (at his last known address) a
written demand for his current address, or for satisfactory evidence of his
continued life, or both. If such distributee shall fail to furnish such
information to the Committee within five (5) years from the date of such demand,
then such benefit shall be forfeited; provided, however, that such benefit shall
be reinstated and payment of the benefits that had previously been forfeited
(retroactive to the latest date upon which a payment of benefits under the Plan
could have commenced under the provisions of Section 5.8(a)) shall be made to
the party entitled to such benefits no later than sixty (60) days after a proper
claim for such benefits has been made by such person.

         11.5.    Dissolution, Merger or Consolidation of the Company

                  In the event of a dissolution, merger or consolidation of the
Company, provision may be made by the successor person for the continuance of
this Plan. In such event, such successor person shall be substituted as the
Company under the Plan upon the execution of an instrument authorizing such
substitution, executed on behalf of the Company and such successor. A copy of
such instrument, accompanied by a duly certified copy of a

                                       42

<PAGE>

resolution of the Board of Directors authorizing such substitution, shall be
delivered to the Trustee and shall constitute authority to the Trustee to
recognize such substituted person in place of the Company hereunder.

         11.6.    Action by the Company

                  Wherever the Company is authorized to act under the Plan, such
action shall be taken, unless otherwise provided in the Plan, by written
instrument executed by an officer of the Company. The Trustee may rely on any
instrument so executed as being validly authorized and as properly evidencing
the action of the Company.

         11.7.    Limitation to Rights Created Under the Plan

                  Except as otherwise provided by controlling law, neither the
Company, any Employer, the Trustee, the Committee, nor a Participant shall have
any legal or equitable right or claim against the other unless the same is
specifically provided for herein or conferred by affirmative action in
accordance herewith.

         11.8.    Recourse Against Officers, Directors or Stockholders

                  Except as otherwise provided by controlling law, no recourse
under any provision of this Plan shall be had against an agent, Employee,
officer, director or stockholder of a Controlled Group Member, past, present or
future; and all such agents, Employees, officers, directors and stockholders are
hereby released from all liability hereunder, as a condition of and a part of
the consideration for the execution hereof, the contributions hereunder by the
Company or an Employer, and the participation in the Plan by the Participants.

         11.9.    Interpretation

                  (a)      The Plan shall be governed, construed and
administered according to the laws of the State of Ohio, except to the extent
preempted by applicable federal law.

                  (b)      Headings have been inserted in this Plan for purposes
of convenience only and shall not be taken as limiting or extending the meaning
of any provision.

         11.10.   Severability

                  If any provision of this Plan or the application thereof to
any circumstance or person is invalid or unenforceable, such invalidity or
unenforceability shall not affect any other provisions of the Plan or the
application of such provision to other circumstances or persons, and the Plan
and the application of such provisions to other circumstances or persons shall
not be affected thereby.

         11.11.   Counterparts

                  This Plan may be executed in any number of counterparts, each
of which shall be deemed an original, and the counterparts shall constitute one
and the same instrument, which shall be sufficiently evidenced by any one
thereof.

         11.12.   Plan Merger or Transfer of Assets

                  There shall not be any merger or consolidation of the Plan
with, or the transfer of assets or liabilities of the Plan to any other plan
(other than as permitted in Section 5.6(c)), unless each Participant of the Plan
would (if the Plan then terminated) receive a benefit immediately after the
merger, consolidation or transfer which is equal to or greater than the benefit
he would have been entitled to receive immediately before the merger,
consolidation or transfer (if the Plan had then terminated). The Company
reserves the right to merge or consolidate this Plan with, and to transfer the
assets of the Plan to, any other Plan, without the consent of any other
Employer.

         11.13.   Indemnification

                  In addition to any rights of indemnification under the
Certificate of Incorporation or Code of Regulations of the Company, under any
provisions of law, or under any other agreement that may be given to the

                                       43

<PAGE>

Committee, the Board of Directors or any other person to whom any power,
authority or responsibility of the Company is delegated pursuant to this Plan
(other than the Trustee), the Company shall satisfy any liability actually and
reasonably incurred by such person, including expenses, reasonable attorneys'
fees, judgments, fines and amounts paid in settlement. This right to
indemnification shall apply in connection with any threatened, pending or
completed action, suit or proceeding that is related to the exercise or failure
to exercise by such person any of the powers, authorities, responsibilities or
discretion provided under the Plan or reasonably believed by such person to be
provided hereunder and any action taken by such person in connection therewith,
but only if such person acted in good faith and in a manner he reasonably
believed to be in or not opposed to the best interest of the Participants or,
with respect to any criminal actions or proceedings, if he had no reasonable
cause to believe his conduct was unlawful. The termination of any suit, action
or proceeding by judgment, order, settlement, conviction or a plea of nolo
contendere or its equivalent, shall not, of itself, create a presumption that
such person did not act in good faith and in a manner which he reasonably
believed to be in or not opposed to the best interest of the Participants or,
with respect to any criminal action or proceedings, that he had no reasonable
cause to believe that his conduct was unlawful.

         11.14.   Service of Process/Necessary Parties

                  (a)      The Committee shall serve as the agent upon whom
legal process may be served under ERISA.

                  (b)      In any action or other judicial proceeding affecting
the Trust, the Trustee and the Company shall be included as necessary parties.

         11.15.   EGTRRA

                  Effective January 1, 2002, the amendments to Sections 2.12,
2.20, 4.9, 4.11, 5.6(f) and 13.9 hereof which are effective January 1, 2002 (the
"EGTRRA Amendments") (i) are intended to reflect the model amendments set forth
in IRS Notice 2001-57 (or good faith modifications thereof) to reflect certain
provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001
("EGTRRA"), (ii) are intended as good faith compliance with the requirements of
EGTRRA and are to be construed in accordance with EGTRRA and the guidance issued
thereunder, and (iii) shall supersede the other provisions of the Plan to the
extent such other Plan provisions are inconsistent with the EGTRRA Amendments.

                                       44

<PAGE>

                                  ARTICLE XII

                  ADOPTION OF PLAN BY CONTROLLED GROUP MEMBERS

         12.1.    Adoption Procedure

                  Any Controlled Group Member may become an Employer under the
Plan provided that (a) the Board of Directors approves the adoption of the Plan
by the Controlled Group Member and designates the Controlled Group Member as an
Employer; (b) the Controlled Group Member executes an Instrument of Adoption
adopting the Plan, together with all amendments then in effect, upon appropriate
resolutions of the board of directors of the Controlled Group Member; and (c)
the Instrument of Adoption provides that the Controlled Group Member agrees to
be bound by any other terms and conditions that may be required by the Board of
Directors, provided that such terms and conditions are not inconsistent with the
purposes of the Plan.

         12.2.    Effect of Adoption by a Controlled Group Member

                  A Controlled Group Member that adopts the Plan pursuant to an
Instrument of Adoption will be deemed to be an Employer for all purposes
hereunder. The Board of Directors may provide, in its discretion and by
appropriate resolutions, that the Employees of such Controlled Group Member will
receive credit for their employment with the Controlled Group Member prior to
the date it became a Controlled Group Member for purposes of determining the
eligibility of such Employees to participate in the Plan, the vested and
nonforfeitable interest of such Employees in their benefits under the Plan
and/or the amount of their benefits under the Plan, provided that such credit
will be applied in a uniform and nondiscriminatory manner with respect to all
such Employees.

         12.3.    Withdrawal of an Employer

                  Any Employer that adopts the Plan may elect separately to
withdraw from the Plan and such withdrawal shall constitute a termination of the
Plan as to such Employer. Any such withdrawal and termination shall be expressed
in an instrument executed by the terminating Employer and filed with the
Company, and shall (except as may otherwise be required by applicable law)
become effective when so filed unless some other effective date is designated in
such instrument and approved by the Company.

                                       45

<PAGE>

                                  ARTICLE XIII

                            TOP-HEAVY PLAN PROVISIONS

         13.1.    Definitions

                  For purposes of this Article, the following terms when used
with initial capital letters, shall have the following respective meanings:

                  (a)      Aggregation Group: Permissive Aggregation Group or
Required Aggregation Group, as the context shall require.

                  (b)      Annual Retirement Benefit: A benefit payable annually
in the form of a single life annuity (with no ancillary benefits) beginning at a
Participant's Normal Retirement Date.

                  (c)      Compensation: Compensation as defined in Section
4.11(b) (subject to the limitations described in Section 2.12(b)).

                  (d)      Defined Benefit Plan: A qualified plan as defined in
Code Section 414(j).

                  (e)      Defined Contribution Plan: A qualified plan as
defined in Code Section 414(i).

                  (f)      Determination Date: For any Plan Year, the last day
of the immediately preceding Plan Year.

                  (g)      Extra Top-Heavy Group: Effective prior to January 1,
2000, an Aggregation Group if, as of a Determination Date, the aggregate present
value of accrued benefits for Key Employees in all plans in the Aggregation
Group (whether Defined Benefit Plans or Defined Contribution Plans) is more than
ninety percent (90%) of the aggregate present value of all accrued benefits for
all employees in such plans.

                  (h)      Extra Top-Heavy Plan: See Section 13.3.

                  (i)      Former Key Employee: A Non-Key Employee with respect
to a Plan Year who was a Key Employee in a prior Plan Year. Such term shall also
include his Beneficiary in the event of his death.

                  (j)      Key Employee: Any Employee or former Employee who is
or was a Participant and who, at any time during the current Plan Year or any of
the preceding four (4) Plan Years, is (i) an officer of an Employer (limited to
no more than fifty (50) Employees or, if lesser, the greater of three (3)
Employees or ten percent (10%) of the Employees) with annual Compensation
greater than fifty percent (50%) of the dollar amount in effect under Code
Section 415(b)(1)(A) for such Plan Year, (ii) one of the ten (10) Employees
owning (or considered owning within the meaning of Code Section 318) the largest
interests in an Employer and having annual Compensation exceeding the applicable
dollar amount referred to in Code Section 415(b)(1)(A), (iii) a five percent
(5%) owner (as such term is defined in Code Section 416(i)(1)(B)(i)), or (iv) a
one percent (1%) owner (as such term is defined in Code Section
416(i)(1)(B)(ii)) with annual Compensation of more than One Hundred Fifty
Thousand Dollars ($150,000). For purposes of Paragraph (ii) of this Subsection,
if two Employees have the same interest in an Employer, the Employee having
greater annual Compensation shall be treated as having a larger interest. The
term "Key Employee" shall also include such Employee's Beneficiary in the event
of his death. For purposes of this Subsection, "Compensation" has the meaning
given such term by Code Section 414(q)(4).

                  (k)      Non-Key Employee: Any Employee or former Employee who
is or was a Participant and who is not a Key-Employee. Such term shall also
include his Beneficiary in the event of his death.

                  (l)      Permissive Aggregation Group: A group of qualified
plans of an Employer consisting of the plans in the Required Aggregation Group,
plus one (1) or more plans designated from time to time by the Committee that
are not part of the Required Aggregation Group but that satisfy the requirements
of Code Sections 401(a)(4) and 410 when considered with the Required Aggregation
Group.

                                       46

<PAGE>

                  (m)      Required Aggregation Group: The group of qualified
plans of an Employer consisting of each plan in which a Key Employee
participates, plus each other plan that enables a plan in which a Key Employee
participates to meet the requirements of Code Sections 401(a)(4) and 410.

                  (n)      Top-Heavy Accrued Benefit: A Participant's (including
a Participant who has received a total distribution from this Plan) or a
Beneficiary's accrued benefit under the Plan as of the valuation date coinciding
with or immediately preceding the Determination Date, provided, however, that
such accrued benefit shall include the aggregate distributions made to such
Participant or Beneficiary during the five (5) consecutive Plan Years ending
with the Plan Year that includes the Determination Date (including distributions
under a terminated plan which if it had not been terminated would have been
included in a Required Aggregation Group), and provided further that with
respect to any Plan Year beginning after December 31, 1984, if an Employee or
former Employee has not performed services for any Employer maintaining the Plan
at any time during the five (5) year period ending on the Determination Date,
any accrued benefit for such Employee or former Employee (and/or the accrued
benefit of his Beneficiary) shall not be taken into account. Effective for Plan
Years beginning after December 31, 1986 the accrued benefit of any Participant
(other than a Key Employee) shall be determined (i) under the method which is
used for accrual purposes for all plans of the Controlled Group, or (ii) if
there is no such method, as if such benefit accrued not more rapidly than the
slowest accrual rate permitted under Code Section 411(b)(1)(C).

                  (o)      Top-Heavy Group: An Aggregation Group if, as of a
Determination Date, the aggregate present value of accrued benefits for Key
Employees in all plans in the Aggregation Group (whether Defined Benefit Plans
or Defined Contribution Plans) is more than sixty percent (60%) of the aggregate
present value of accrued benefits for all employees in such plans.

                  (p)      Top-Heavy Plan: See Section 13.2.

         13.2.    Determination of Top-Heavy Status

                  (a)      Except as provided by Subsection (b) of this Section,
the Plan shall be a Top-Heavy Plan if, as of a Determination Date:

                           (1)      the aggregate present value of Top-Heavy
         Accrued Benefits for Key Employees is more than sixty percent (60%) of
         the aggregate present value of Top-Heavy Accrued Benefits for all
         Employees, excluding for this purpose the aggregate present value of
         Top-Heavy Accrued Benefits of Former Key Employees; or

                           (2)      the Plan is included in a Required
         Aggregation Group that is a Top-Heavy Group.

                  (b)      If the Plan is included in a Required Aggregation
Group that is not a Top-Heavy Group, the Plan shall not be a Top-Heavy Plan
notwithstanding the fact that the Plan would otherwise be a Top-Heavy Plan under
Subsection (a) of this Section.

         13.3.    Determination of Extra Top-Heavy Status Effective prior to
                  January 1, 2000,

                  (a)      Except as provided by Subsection (b) of this Section,
the Plan shall be an Extra Top-Heavy Plan if, as of the Determination Date:

                           (1)      the aggregate present value of Top-Heavy
         Accrued Benefits for Key Employees is more than ninety percent (90%) of
         the aggregate present value of Top-Heavy Accrued Benefits of all
         Employees, excluding for this purpose the aggregate Top-Heavy Accrued
         Benefits of Former Key Employees; or

                           (2)      if the Plan is included in a Required
         Aggregation Group that is an Extra Top-Heavy Group.

                                       47

<PAGE>

                  (b)      If the Plan is included in a Required Aggregation
Group that is not an Extra Top-Heavy Group, the Plan shall not be an Extra
Top-Heavy Plan notwithstanding the fact that the Plan would otherwise be an
Extra Top-Heavy Plan under Subsection (a) of this Section.

         13.4.    Top-Heavy Plan Requirements

                  Notwithstanding any other provisions of the Plan to the
contrary, if the Plan is a Top-Heavy Plan for any Plan Year beginning on or
after January 1, 1984, the Plan shall then satisfy the following requirements
for such Plan Year:

                  (a)      The minimum vesting requirements as set forth in
Section 13.5.

                  (b)      The minimum benefit requirements as set forth in
Section 13.6.

                  (c)      Effective prior to January 1, 2000, the adjustment to
maximum benefits and allocations as set forth in Section 13.7.

         13.5.    Minimum Vesting Requirement

                  If the Plan is a Top-Heavy Plan for any Plan Year beginning on
or after January 1, 1984, each Employee who has completed at least two (2)
Vesting Years of Service and who has been credited with an Hour of Service after
the Plan becomes a Top-Heavy Plan shall have a nonforfeitable right to a
percentage of his accrued benefit derived from Employer contributions determined
under the following schedule:

<TABLE>
<CAPTION>
Years of Service     The nonforfeitable percentage is
----------------     --------------------------------
<S>                  <C>
   2                                20%
   3                                40
   4                                60
   5                                80
   6 or more                       100
</TABLE>

The vesting schedule described in the immediately preceding sentence shall cease
to be applicable when the Plan ceases to be a Top-Heavy Plan, provided that the
Employer contributions that become nonforfeitable pursuant thereto before the
Plan ceases to be a Top-Heavy Plan shall remain nonforfeitable and the change in
the vesting schedule resulting from the inapplicability of the vesting schedule
described in the immediately preceding sentence shall be subject to the
provisions of Section 9.4.

         13.6.    Minimum Benefit Requirement

                  (a)      Except as otherwise provided in Section 13.7 and
13.8, if the Plan is a Top-Heavy Plan for any Plan Year beginning on or after
January 1, 1984, the accrued benefit derived from Employer contributions of each
Participant who is a Non-Key Employee, when expressed as an Annual Retirement
Benefit, shall be not less than the lesser of:

                           (1)      two percent (2%) of the Participant's
         average Compensation for years in the testing period (as hereinafter
         defined) times his Vesting Years of Service; or

                           (2)      twenty percent (20%) of the Participant's
         average Compensation for years in the testing period (as hereinafter
         defined).

                  (b)      For purposes of this Section, Vesting Years of
Service completed in a Plan Year beginning before January 1, 1984 and Vesting
Years of Service during which a Plan Year ended for which the Plan was not a
Top-Heavy Plan shall not be taken into account. For purposes of this Section,
the testing period shall be the period of consecutive years (not exceeding five
(5)) during which the Participant had the greatest aggregate Compensation,
provided that the following years shall not be included:

                           (1)      years that are not included in Vesting Years
         of Service under this Section;

                                       48

<PAGE>

                           (2)      years that end in a Plan Year beginning
         before January 1, 1984; and

                           (3)      years that begin after the close of the last
         year in which the Plan was a Top-Heavy Plan or an Extra Top-Heavy Plan.

         13.7.    Adjustment to Maximum Benefits and Allocations

                  Effective prior to January 1, 2000, if the Plan is a Top-Heavy
Plan for any Plan Year beginning on or after January 1, 1984, and if the
Employer maintains a Defined Contribution Plan that could or does provide
benefits to Participants in this Plan:

                  (a)      If the Plan is not an Extra Top-Heavy Plan (but is a
Top-Heavy Plan), then "three percent (3%)" shall be substituted for "two percent
(2%)" in Subsection (1) of Section 13.6 and "twenty percent (20%)" in Subsection
(2) of Section 13.6 shall be increased by one percentage point for each year for
which such Plan was taken into account under this Subsection.

                  (b)      If the Plan is an Extra Top-Heavy Plan, then
calculations under Subsections (a) and (b) of Section 4.10 shall be made by
substituting "1.0" for "1.25" for each place such "1.25" figure appears, and
calculations under Code Section 415(e)(6)(B)(i)(I) shall be made by substituting
"$41,500" for "$51,875" for each place such "$51,875" amount appears.

         13.8.    Coordination With Other Plans

                  (a)      In applying this Article, an Employer and all
Controlled Group Members shall be treated as a single employer, and the
qualified plans maintained by such single employer shall be taken into account.

                  (b)      In the event that another Defined Contribution Plan
or Defined Benefit Plan maintained by the Controlled Group provides
contributions or benefits on behalf of Participants in this Plan, such other
plan(s) shall be taken into account in determining whether this Plan satisfies
Section 13.4; and the minimum benefit required for a Non-Key Employee in this
Plan under Section 13.4(c) will be reduced or eliminated in accordance with the
requirements of Code Section 416 and the regulations thereunder, if the Employer
maintains another qualified plan under which minimum contribution or benefit is
made or accrued in whole or in part in respect of such other plan(s).

                  (c)      Principles similar to those specifically applicable
to this Plan under this Article, and in general as provided for in Code Section
416 and the regulations thereunder, shall be applied to the other plan(s)
required to be taken into account under this Article in determining whether this
Plan and such other plan(s) meet the requirements of such Code Section 416 and
the regulations thereunder.

         13.9.    Certain Changes Effective January 1, 2002

                  (a)      This Section 13.9 shall apply for purposes of
determining whether the Plan is a top-heavy plan under Code Section 416(g) for
Plan Years beginning on and after January 1, 2002, and whether the Plan
satisfies the minimum benefits requirements of Code Section 416(c) for such Plan
Years. This Section modifies the foregoing provisions Article XIII.

                  (b)      The term "Key Employee" means any Employee or former
Employee (including any deceased Employee) who at any time during the Plan Year
that includes the Determination Date was an officer of an Employer having annual
compensation greater than $130,000 (as adjusted under Code Section 416(i)(1) for
Plan Years beginning on and after January 1, 2003), a 5% owner of an Employer,
or a 1% owner of an Employer having annual compensation of more than $150,000.
For this purpose, "annual compensation" means compensation within the meaning of
Code Section 415(c)(3). The determination of who is a Key Employee shall be made
in accordance with Code Section 416(i)(1) and the applicable regulations and
other guidance of general applicability issued thereunder.

                  (c)      This Section 13.9(c) shall apply for purposes of
determining the present values of accrued benefits and the amounts of account
balances of Employees as of the Determination Date.

                                       49

<PAGE>

                           (1)      The present values of accrued benefits and
         the amounts of account balances of an Employee as of the Determination
         Date shall be increased by the distributions made with respect to the
         Employee under the Plan and any plan aggregated with the Plan under
         Code Section 416(g)(2) during the one-year period ending on the
         Determination Date. The preceding sentence shall also apply to
         distributions under a terminated plan which, had it not been
         terminated, would have been aggregated with the Plan under Code Section
         416(g)(2)(A)(i). In the case of a distribution made for a reason other
         than separation from service, death, or disability, this provision
         shall be applied by substituting "five-year period" for "one-year
         period."

                           (2)      The accrued benefits and accounts of any
         individual who has not performed services for an Employer during the
         one-year period ending on the Determination Date shall not be taken
         into account.

                  (d)      For purposes of satisfying the minimum benefit
requirements of Code Section 416(c)(1) and the Plan, in determining years of
service with an Employer, any service with an Employer shall be disregarded to
the extent that such service occurs during a Plan Year in which the plan
benefits (within the meaning of Code Section 410(b)) no Key Employee or Former
Key Employee.

                                       50

<PAGE>

                                  ARTICLE XIV

                         TRANSFERS OF EMPLOYMENT STATUS

The provisions of this Article XIV are effective as of January 1, 1999 unless
expressly provided otherwise herein.

         14.1.    Transfer from Non-Exempt Status to Exempt Status

                  For purposes of a Non-Exempt Participant who transfers to
exempt status and thereby becomes an Exempt Participant, such Exempt
Participant's normal retirement benefit shall be calculated in accordance with
Subsections 4.1(b)(i), 4.1(b)(ii) and 4.1(b)(iii) taking into account such
Exempt Participant's total number of Years of Benefit Service earned while an
Exempt Participant and a Non-Exempt Participant. Notwithstanding the previous
sentence of this Section 14.1, such Exempt Participant's normal retirement
benefit shall not be less than the benefit calculated in accordance with
Subsection 4.1(b)(iv) or Subsection 4.1(b)(v) as of the date of transfer from
non-exempt status to exempt status. For purposes of this Section 14.1, the
normal retirement benefit calculated pursuant to Subsection 4.1(b)(iv) or
Subsection 4.1(b)(v) shall be adjusted annually by the lesser of an interest
rate equal to five percent (5%) or the interest rate set forth in Section
2.3(c).

         14.2.    Transfer from Exempt Status to Non-Exempt Status

                  (a)      For purposes of an Exempt Participant who transfers
to non-exempt status and thereby becomes a Non-Exempt Participant, such
Non-Exempt Participant's early retirement benefit shall be calculated in
accordance with Section 4.2(b)(iv) if at the time of transfer from exempt status
to non-exempt status, such Non-Exempt Participant had attained age 50 and the
sum of such Non-Exempt Participant's age plus Vesting Years of Service was equal
to or greater than 75 at the time of transfer to non-exempt status.

                  (b)      For purposes of an Exempt Participant who transfers
to non-exempt status and thereby becomes a Non-Exempt Participant, such
Non-Exempt Participant's early retirement benefit shall be calculated in
accordance with Section 4.2(b)(iii) if at the time of transfer from exempt
status to non-exempt status, such Non-Exempt Participant had not attained age 50
or the sum of such Non-Exempt Participant's age plus Vesting Years of Service
was less than 75 at the time of transfer to non-exempt status.

         14.3.    Re-hire of Non-Exempt Participants on or after January 1, 2000

                  For purposes of a Participant who was first hired prior to
January 1, 2000, who is rehired on or after January 1, 2000 as a Non-Exempt
Participant (or who becomes a Non-Exempt Participant following his re-hire), and
whose Benefit Years of Service shall include a Period of Service at least a
portion of which was accrued prior to January 1, 2000, such Participant's normal
retirement benefit for all service shall be calculated pursuant to Subsection
4.1(b)(iv). Any other Participant rehired on or after January 1, 2000 as a
Non-Exempt Participant (or who becomes a Non-Exempt Participant following his
re-hire), whether first hired either before January 1, 2000 or on or after
January 1, 2000, shall have his normal retirement benefit for all service
calculated pursuant to Subsection 4.1(b)(v).

         14.4.    Transfer from Non-Exempt Status to Union Status

                  (a)      For purposes of a Non-Exempt Participant who was
hired prior to January 1, 2000 and who transfers from non-exempt status to union
status, such Non-Exempt Participant's normal retirement benefit shall be the
greatest of the benefits calculated pursuant to Subsections 4.1(b)(i),
4.1(b)(ii), 4.1(b)(iii) or 4.1(b)(iv) as of the date of such Non-Exempt
Participant's transfer from non-exempt status to union status. For purposes of
this Section 14.4(a), the normal retirement benefit calculated pursuant to
Subsection 4.1(b)(iv) shall be adjusted annually by the lesser of an interest
rate equal to 5% or the interest rate set forth in Section 2.3(c).

                  (b)      For purposes of a Non-Exempt Participant who was
hired on or after January 1, 2000 and who transfers from non-exempt status to
union status, such Non-Exempt Participant's normal retirement benefit shall be
calculated pursuant to Subsection 4.1(b)(v) as of the date of such Non-Exempt
Participant's transfer from non-exempt status to union status. For purposes of
this Subsection 14.4(b), the normal retirement benefit calculated

                                       51

<PAGE>

pursuant to Subsection 4.1(b)(v) shall be adjusted annually by the lesser of an
interest rate equal to 5% or the interest rate set forth in Section 2.3(c).

         14.5.    Transfer from Exempt Status to Union Status

                  (a)      For purposes of an Exempt Participant who transfers
from exempt status to union status, such Exempt Participant's normal retirement
benefit shall be the greatest of the benefits calculated pursuant to the terms
of Sections 4.1(b)(i), 4.1(b)(ii) or 4.1(b)(iii) as of the date of such Exempt
Participant's transfer from exempt status to union status.

                  (b)      For purposes of an Exempt Participant who transfers
from exempt status to union status, such Exempt Participant's early retirement
benefit shall be calculated in accordance with Section 4.2(b)(iv) if at the time
of transfer from exempt status to union status, such Exempt Participant has
attained age 50 and if such Exempt Participant's age plus total Vesting Years of
Service taking into account service during such Exempt Participant's exempt
status and union status equals or is greater than 75.

                  (c)      For purpose of an Exempt Participant who transfers
from exempt status to union status, such Exempt Participant's early retirement
benefit shall be calculated in accordance with Section 4.2(b)(iii) if at the
time of transfer from exempt status to union status, such Exempt Participant had
not attained age 50.

         14.6.    Transfer from Union Status to Non-Union Status

                  For purposes of a Participant who transfers from union status
to non-union status, such Participant's normal retirement benefit shall be the
greater of:

                  (a)      The benefit determined under the terms of this Plan
based on age, Years of Benefit Service, Average Annual Compensation and Final
Average Annual Compensation for the Participant's period of service after the
Participant transferred from union status to non-union status; or

                  (b)      (1)      The benefit determined under the terms of
this Plan based on age, Years of Benefit Service, Average Annual Compensation
and Final Average Annual Compensation for the Participant's total service during
such Participant's union status and non-union status; reduced by

                           (2)      The benefit (payable at age 65) determined
         under the terms of any defined benefit pension plan to which the
         Participant's Employer contributed pursuant to a collective bargaining
         agreement covering such Participant.

                                       52

<PAGE>

                                    EXHIBIT A

                       Employers Pursuant to Section 2.22

                             As of December 11, 2003

Roadway LLC

Roadway Reverse Logistics, Inc. (previously known as REXSIS)

Roadway Express, Inc.

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