Document:

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                                                           Exhibit 10(iii)A49(a)

                                TABLE OF CONTENTS

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                                                                                PAGE
<S>             <C>                                                             <C>
ARTICLE  1:     Definitions.....................................................  3

ARTICLE  2:     Creation of Trust...............................................  6

ARTICLE  3:     Trustee Expense Account.........................................  8

ARTICLE  4:     Benefit Account.................................................  9

ARTICLE  5:     Payments from the Trust......................................... 10

ARTICLE  6:     Management of Trust Assets...................................... 13

ARTICLE  7:     Administrative Powers........................................... 16

ARTICLE  8:     Insurance and Annuity Contracts................................. 17

ARTICLE  9:     Trustee's Powers After a Change in Control:..................... 20

ARTICLE  10:    Taxes. Expenses and Compensation of Trustee..................... 21

ARTICLE  11:    General Duties of Trustee....................................... 21

ARTICLE  12:    Indemnification................................................. 22

ARTICLE  13:    No Duty to Advance Funds........................................ 23

ARTICLE  14:    Accounts........................................................ 23

ARTICLE  15:    Administration of the Transferred Plans: Communications......... 25

ARTICLE  16:    Resignation or Removal of Trustee............................... 27

ARTICLE  17:    Amendment of Agreement; Termination of Trust.................... 29

ARTICLE  18:    Prohibition of Diversion........................................ 30

ARTICLE  19:    Prohibition of Assignment of Interest........................... 30

ARTICLE  20:    Miscellaneous................................................... 31
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                        NATIONAL SERVICE INDUSTRIES, INC.
                            EXECUTIVE BENEFITS TRUST
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                        NATIONAL SERVICE INDUSTRIES, INC.
                       EXECUTIVE BENEFITS TRUST AGREEMENT

         THIS AGREEMENT, made as of the 5th day of July, 1990, by and between
National Service Industries, Inc., a corporation organized and existing under
the laws of the State of Delaware, and Wachovia Bank and Trust Company, a
national banking association organized and existing under the laws of the United
States of America (hereinafter referred to as the "Trustee").

                              W I T N E S S E T H:
                              - - - - - - - - - -

         WHEREAS, the Company (as hereinafter defined) established the National
Service Industries, Inc. Benefits Protection Trust (hereinafter referred to as
the "Benefits Trust") in order to ensure that "Participants" (as hereinafter
defined) and their beneficiaries will receive the benefits which the Company and
its "Affiliates" (as hereinafter defined) are obligated to provide for them or
which they reasonably anticipate receiving pursuant to the "Plans" (as
hereinafter defined):

         WHEREAS, the Company has adopted and, in some instances, its Affiliates
may, prior to a "Change in Control" (as hereinafter defined) adopt, the Plans
and, prior to a Change in Control, the Company and its Affiliates may adopt or
enter into other plans or agreements, amend, modify or terminate any Plan in
accordance with its terms or to comply with any changes in the law and increase
the number of Participants in any such Plan:

         WHEREAS, the Company desires to establish an Executive Benefits Trust
(hereinafter referred to as this "Trust") for the benefit of Participants and
their beneficiaries upon a Change in Control;
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         WHEREAS, this Trust is not intended to be nor should it be construed as
a grantor trust:

         WHEREAS, upon a Change in Control, the Plans (the "Transferred Plans")
and assets attributable to the Plans held in the Benefit Account of the Benefits
Trust will be irrevocably transferred to this Trust (the "Transfer") to be held
for the benefit of Participants and their beneficiaries:

         WHEREAS, the Trustee is not a party to the Transferred Plans;

         WHEREAS, prior to the Transfer the aforesaid obligations of the Company
are not funded:

         WHEREAS, the Company has agreed to take steps to assure that the future
payment of amounts under the Transferred Plans will not be improperly withheld
or otherwise not paid following a Change in Control; and

         WHEREAS, for purposes of assuring that such payments will not be
improperly withheld or otherwise not paid, the Company desires: (a) by means of
the Transfer to deposit with the Trustee amounts of cash or marketable
securities for the payment of benefits to Participants and their beneficiaries
which are or may become payable under the Transferred Plans and (b) to retain
the right. to deposit with the Trustee further amounts of cash or marketable
securities for the payment of amounts under such Transferred Plan's as they may
become due and payable.

         NOW, THEREFORE, in consideration of the respective agreements of the
Company and the Trustee contained herein, it is agreed as follows:

                                       2
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                            ARTICLE 1: DEFINITIONS.

         1.1      "Affiliate" shall mean any corporation, partnership or other
entity,. the majority interest in which is held by the Company directly or
through one or more intermediaries.

         1.2      The "Board" shall mean the Board of Directors of the Company.

         1.3      1.3 "Change in Control" shall mean any of the following
events:

                  (a)      The acquisition (other than from the. Company) by any
"Person" (as the term person is used for purposes of Sections 13(d) or 14 (d) of
the Securities Exchange Act of 1934, as amended (the "1934 Act")) of beneficial
ownership (within the meaning of Rule 13d-3 promulgated under the 1934 Act) of
twenty percent (20%) or more of the combined voting power of the Company's then
outstanding voting securities; or

                  (b)      The individuals who, as of September 21, 1989, are
members of the Board (the "Incumbent Board") cease for any reason to constitute
at least two-thirds of the Board: provided, however, that if the election, or
nomination for election by the Company's stockholders, of any new director was
approved by a vote of at least two-thirds of the Incumbent Board, such new
director shall, for purposes of this Agreement, be considered as a member of the
Incumbent Board; or

                  (c)      Approval by stockholders of the Company of (i) a
merger or consolidation involving the Company if the stockholders of the
Company, immediately before such merger or consolidation do not, as a result of
such merger or consolidation, own, directly or indirectly, more than seventy
percent (70%) of the combined voting power of the then outstanding voting
securities of the corporation resulting from such merger or consolidation in
substantially the same proportion as their ownership of the combined voting
power of the voting securities of the Company outstanding immediately before
such merger or consolidation or (ii) a complete

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liquidation or dissolution of the Company or an agreement for the sale or other
disposition of all or substantially all of the assets of the Company.

         Notwithstanding the foregoing, a change in Control shall not be deemed
to occur pursuant to Section 1.3(a) of this Article 1, solely because twenty
percent (20%) or more, of the combined voting power of the Company's then
outstanding securities is acquired by (i) a trustee or other fiduciary holding
securities under one or more employee benefit plans maintained by the Company or
any of its subsidiaries or (ii) any corporation which, immediately prior to such
acquisition, is owned directly or indirectly by the stockholders of the Company
in the same proportion as their ownership of stock in the Company immediately
prior to such acquisition (hereinafter referred to individually as a "Related
Person" and collectively as "Related Persons").

         1.4      "Company" shall mean National Service Industries, Inc., its
successors and assigns.

         1.5      "Participants" shall mean active and former employees of the
Company and/or of its Affiliates who are participants in, or who have a claim to
receive benefits under, any of the Plans.

         1.6      "Plans" shall mean the Executives' Deferred Compensation Plan,
Supplemental Retirement Plan for Executives, Senior Management Benefit Plan,
1984 Special Deferred Supplemental Bonus Plans for Messrs. Kirschner, Maziar
and McClung, and 1987 Special Deferred Supplemental Bonus Plans for Messrs.
Kirschner, Gurbacki, Maziar and McClung, Severance Protection Agreements with
senior corporate officers and division presidents, and any other plans or
agreements that are adopted by the Company or its Affiliates prior to a Change
in

                                       4
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Control, in all cases as listed on Schedule 1 as may be amended from time to
time prior to a Change in Control.

         1.7      "Related Person" shall have the meaning set forth in the last
paragraph of Section 1:3.

         1.8      "Threatened Change in Control" shall mean the occurrence of
any of the following events:

                  (a)      when the Company is aware of or is contemplating, a
proposal (a "Proposal") for any Person other than a Related Person (1) to
acquire five percent (5%) or more of the voting power of the Company's
outstanding securities, or (2) to merge or consolidate with another entity,
transfer or sell assets of the Company, or liquidate or dissolve the Company, in
each case described in this clause (2) in a transaction that would constitute a
Change in Control; or

                  (b)      any Person other than a Related Person,

         (1)      acquires five percent (5%) or more of the voting power of the
Company's outstanding securities, other than as a holder whose investment in the
Company is eligible to be reported on Schedule 13G pursuant to Rule 13d-1(b)(1)
promulgated under the 1934 Act, or

         (2)      initiates a tender or exchange offer to acquire such number of
securities as would result in such person holding twenty percent (20%) or more
of the voting power of the Company's outstanding securities, or

         (3)      solicits proxies for votes to elect members of the Board at a.
shareholders' meeting of the Company.

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         1.9      "Threatened Change in Control Period" shall mean the period
commencing on the date that a Threatened Change in Control has occurred and
ending upon:

                  (a)      the date the Proposal referred to in Section 1.8(a)
of this Article 1 is abandoned:

                  (b)      the acquisition of five percent (5%) of the voting
power of the Company's outstanding securities by the Person referred to in
Section 1.8(a)(1) if such acquisition does not constitute a Threatened Change in
Control under Section 1.8(b)(1);

                  (c)      the date when any person described in Section 1.8(b)
of this Articled, (1) shall own less than five percent (5%) of the voting power
of the Company's outstanding securities, (2) shall have abandoned the tender or
exchange offer, or (3) shall not have elected a member `of the Board as the case
may be; or

                  (d)      the date a Change in Control occurs.

                         ARTICLE 2: CREATION OF TRUST.

         2.1      The Company hereby establishes with the Trustee and the
Trustee hereby accepts a trust consisting of two accounts, established by the
Trustee, for purposes of accounting for funds delivered to the Trustee by the
Company. One such account shall be known as the "Trustee Expense Account," and
shall be used exclusively to pay the fees, expenses and indemnities due or
incurred by the Trustee in accordance with the terms of this Agreement. The
other such account shall be known as the "Benefit Account," which is to be
funded by the Company in accordance with Article 4, and shall be used to make
payments under the Transferred Plans. A separate Trustee Expense Account and
Benefit Account shall be established for each Affiliate. The Benefit Account
shall be divided into (i) separate sub-accounts for each Participant and
beneficiary (the "Sub-Accounts") and (ii) a suspense account (the "Suspense
Account"). The Sub-Accounts established hereunder are intended to comply with
the separate

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accounts requirement of Section 404(a)(5) of the Internal Revenue Code of 1986,
as amended (the "Code"), and Treasury Regulations promulgated thereunder. Funds
in the Benefit Account will be allocated to the Suspense Account when they are
not, or cannot be, credited to any Sub-Account, as the Trustee, in its
discretion, determines. The Trustee, in its discretion, may at any time allocate
or reallocate any funds held in the Benefit Account among any or all of the
Sub-Accounts and the Suspense Account to the extent consistent with Section 404
(a) (5) of the Code.

         The Trustee, for investment purposes only, may commingle all Trust
assets and treat them as a single fund, but the records of the Trustee at all
times. shall show the percentages or assets of this Trust allocable to the
Trustee Expense Account and the Benefit Account, including the percentages or
assets allocable to the Sub-Accounts and Suspense Account.

         2.2      The Company and the Trustee agree that this Trust created
herein shall be revocable by the Company at any time prior to or subsequent to a
Threatened Change in Control Period and prior to a Change in Control. This Trust
shall not be revocable by the Company during a Threatened Change in Control
Period or after the occurrence of a Change in Control. None of the assets and/or
income of this Trust shall be subject to any claims by creditors of the Company
or any of its Affiliates. This Trust is not intended to be nor should it be
construed as a grantor trust within the meaning of Section 671 of the Code.

         2.3      Prior to a Change in Control, the Company and its Affiliates
may add Transferred Plans to, and Participants in the Transferred Plans under
which benefits are payable from, this Trust by amending Schedule 1 to the
Benefits Trust and notifying the Trustee in writing. If the Company or its
Affiliates amends any of the Transferred Plans, it shall send to the Trustee a
copy of any such amendments and no consent of the Trustee to such amendments is
required.

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         2.4      Notwithstanding anything contained in this Agreement to the
contrary, upon a Change in Control cash and/or marketable securities from the
Benefits-Trust with respect to all Participants and their beneficiaries under
the Transferred Plans shall promptly and irrevocably be transferred from the
Benefits Trust and delivered to this Trust. Upon the Transfer, the Trustee will
have possession and control of the assets so transferred (together with any
other assets) of this Trust and all of the income therefrom to hold, administer
and dispose of the same on the terms and conditions set forth herein on behalf
of Participants and their beneficiaries.

                       ARTICLE 3: TRUSTEE EXPENSE ACCOUNT.

         3.1      Upon a Change in Control, the Company will deliver to the
Trustee, to be held in trust hereunder and credited to the Trustee Expense
Account, the sum of one hundred thousand dollars ($100,000) in cash or
marketable securities, to be administered and disposed of by the Trustee as
provided herein.

         3.2      At any time after a change in Control, the Trustee may require
the company to deliver additional amounts in cash or marketable securities to
this Trust, to be credited to the Trustee Expense Account. The Trustee shall
make written demand for any such additional amount, and the Company will comply
with such demand within fifteen (15) days of its receipt thereof.

         3.3      At any time, the Company shall have the unlimited right to
deliver cash and/or marketable securities reasonably acceptable to the Trustee
to be credited to the Trustee Expense Account. Any amount (together with the
income attributable thereto) which is over and above the amount described in
Section 3.1 may be withdrawn by the Company at any time prior to or subsequent
to a Threatened Change in Control Period and prior to a Change in Control.
Notwithstanding anything contained in this Agreement to the contrary, the
Company shall not

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have the right to make any withdrawal from this Trust during a Threatened Change
in Control Period or after the occurrence of a Change in Control.

                          ARTICLE 4: BENEFIT ACCOUNT.

         4.1      Immediately upon the occurrence of a Change in Control, the
Company shall contribute sufficient cash or marketable securities to the Benefit
Account in an amount equal to the difference between the assets transferred to
this Trust pursuant to the Transfer and the amount necessary to pay all benefits
payable (whether payable currently or on a deferred basis) under all the
Transferred Plans as the Trustee, in its discretion, determines. Upon a Change
in Control, the Trustee will have possession and control of the assets
transferred (together with any other assets) of this Trust and all of the
income therefrom to hold, administer and dispose of the same on the terms and
conditions set forth herein on behalf of the Participants and their
beneficiaries.

         4.2      At any time, the Company shall have the unlimited right to
deliver cash and/or marketable securities reasonably acceptable to the Trustee
to be credited to the Benefit Account to be allocated to any or all of the
Sub-Accounts and/or the Suspense Account as the Trustee, in its, discretion,
determines. Any such delivery shall be accepted by the Trustee and shall be
accompanied by a designation of (i) the Transferred Plan or Transferred Plans
under the provisions of which such funds are to be disbursed and if more than
one Transferred Plan is being funded, the amount being allocated in respect of
each Transferred Plan and (ii) to which Participant or Participants or
beneficiary or beneficiaries the funds are being allocated and if more than one
Participant or beneficiary is designated, the amount being allocated to each
Participant or beneficiary. Such delivery shall be credited to a separate
Sub-Account for each Participant or beneficiary in respect of which funds are
being provided and any amount not credited to a Sub-Account shall be credited td
the Suspense Account. If no such designation is

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made by the Company, the Trustee has discretion to determine how the funds are
to be allocated. Any amount (together with the income attributable thereto)
contributed by the Company to the Benefit Account may be withdrawn by the
Company at any time prior or subsequent to a Threatened Change in Control Period
and prior to a Change in Control.

         4.3      After the occurrence of a Change in Control, if the Trustee
determines that the funds in the Benefit Account (including any Sub-Account) are
insufficient to fully pay all benefits under the Transferred Plans and any taxes
imposed or levied with respect to the assets and/or income of this Trust, as
provided under Section 10.1 of Article 10, the Trustee with respect to the
Benefit Account shall, and with respect to any Sub-Account may, make a written
demand on the Company to provide funds in an amount determined at least
quarterly by the Trustee in its discretion. The Company shall transfer such
funds within fifteen (15) days from the time the written demand is mailed.

                      ARTICLE 5: PAYMENTS FROM THE TRUST.

         5.1      The Company shall, from time to time, furnish the Trustee with
such written information regarding the Participants and beneficiaries under the
Transferred Plans and the amount and/or method of determination of benefits
under the Transferred Plans (hereinafter referred to as "Participant Data") as
the Company deems relevant or as the Trustee shall request in writing. The
Company shall, after a Change in Control, furnish the Trustee with such
Participant Data and other information as the Trustee may from time to time
request within thirty (30) days of such request. The Company shall, from time
to time, but not less frequently than annually, update Participant Data with
respect to all Transferred Plans.

         After a Change in Control and notwithstanding anything contained in
this Agreement to the contrary, the Trustee shall, without direction from the
Company make payments to

                                       10
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Participants and beneficiaries in such manner and in such amounts as the Trustee
shall determine they are entitled to be paid under the Transferred Plans based
on the most recent Participant Data furnished to the Trustee by the Company and
any supplemental information furnished to the Trustee by a Participant or
beneficiary upon which the Trustee may reasonably rely in making such
determination. The Trustee shall have the power to interpret the provisions of
the Transferred Plans and this Agreement in making its determination: Payments
to a Participant or beneficiary shall be made from the Participants Sub-Account.
To the extent that the Trustee determines that the funds available in a
Participant's Sub-Account is not sufficient to provide for the payment of all
amounts otherwise payable to him or her as provided under this Section 5.1, the
Trustee shall use the funds credited to the Suspense Account, to the extent
available, for the payments due. To the extent that the Trustee determines that
there still remains an insufficiency in funds available for the Participant's or
beneficiary's payment, the Trustee shall make a written demand on the Company to
provide the necessary funds, as provided under Article 4. In the event that the
Company refuses to transfer such funds within fifteen (15) days from the time
the written demand is mailed, the amount otherwise payable to each such
Participant or beneficiary during every month of the insufficiency of funds
shall be multiplied by a fraction, the numerator of which is the amount of funds
then available in the Benefit Account for the payment of benefits under the
Transferred Plans and the denominator of which is the total of the benefits
payable prior to such reduction during such month to all Participants and
beneficiaries under the Transferred Plans.

         5.2      Within a reasonable time following presentment to the Trustee
by a Participant or beneficiary of reasonable written evidence satisfactory to
the Trustee that such Participant or

                                       11
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beneficiary will or has taxable income as a result of his or her interest in
this Trust with respect to any Transferred Plan, then the Trustee shall make a
payment (the "Tax Payment") to such Participant or beneficiary or to the
appropriate taxing authority if applicable from the Benefit Account equal to the
product of (i) the amount of such taxable income and (ii) the maximum
individual tax rates for the taxable year in respect of which such taxable
income will be, or has been, recognized for federal, state and local income
taxes, as the case may be, taking into account the deductibility from federal
income taxes of any applicable state and local taxes. The payment or payments
that a Participant or beneficiary receives from the Benefit Account in respect
of any Transferred Plan (other than Tax Payments) shall be reduced, in the
manner determined by the Trustee, so that the present value of such payment or
payments in respect of the Transferred Plan equal the present value of the total
payment or payments the Participant or beneficiary would have been entitled to
receive in respect of the Transferred Plan had this Trust not been established,
reduced by the amount of the Tax Payments previously made in respect of the
Transferred Plan. For this purpose, present value shall be determined as of the
date (the "Determination Date") of the payments or the payment of the first in a
series of installment payments, in respect of the Transferred Plan, using an
interest rate assumption equal to the Pension Benefit Guaranty Corporation's
immediate annuity rate in effect for single employer plans termination on the
Determination Date and any other assumptions the Trustee deems reasonable and
appropriate.

         5.3      If the Trustee, in its discretion, determines that a
Participant or beneficiary no longer has any interest or entitlement (contingent
or otherwise) under this Trust because he or she has been fully paid all amounts
due under all Transferred Plans or otherwise, any amount that remains credited
to the Participant's Sub-Account shall be reallocated to any or all of the

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Sub-Accounts or Suspense Account as the Trustee, in its discretion, determines
but consistent with complying with the "separate account" requirements referred
to in Section 2.1.

                     ARTICLE 6: MANAGEMENT OF TRUST ASSETS.

         6.1      Prior to a Change in Control, this Trust's assets shall be
held, invested and reinvested by the Trustee as designated by the written
direction of the Company from time to time. The Trustee shall not be under any
duty, or have any right, to question any such directions of the Company or to
review any securities or other property held pursuant to such direction, or to
make any suggestions to the Company in connection therewith and the Trustee
shall as promptly as practicable comply with any directions given by the Company
hereunder. The Trustee shall not be liable for following the directions from the
Company prior to a Change in Control if there is a loss due to investments
directed by the Company. In exercising the powers of the Company under this
Section 6.1 of Article 6, the Company shall act by its Corporate Treasurer or
his written designees, each of whom is fully authorized to exercise such powers.
The Trustee may, and shall, follow the written directions signed by said
Corporate Treasurer or such designees.

         6.2      In the absence of written direction of the Company, the
Trustee shall invest the assets as if a change in Control had occurred as
provided in Section 6.3 of this Article 6 and Article 9.

         6.3      After the occurrence of a Change in Control, the Trustee shall
have exclusive authority and discretion to manage and control this Trust's
assets and may employ investment managers, including affiliates of the Trustee
to manage the investment of this Trust's assets. Pursuant to such authority and
discretion, the Trustee may exercise, from time to time and at any time, the
power:

                                       13
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                  (a)      to invest and reinvest this Trust, without
distinction between principal and income, in shares of stock (whether common or
preferred) or other evidences of ownership, bonds, debentures, notes or other
evidences of indebtedness, unsecured or secured by mortgages on real or personal
property wherever situated (including any part interest in a bond and mortgage
or note and mortgage whether insured or uninsured) and other property, or part
interest in property, real or personal, interests in common or collective funds
maintained by the Trustee or an affiliate of the Trustee, foreign or domestic,
and in order to reduce the rate of interest rate fluctuations, contracts, as
either buyer or seller, for the future delivery of United States Treasury
securities and comparable federal-government-backed securities;

                  (b)      to sell, convey, redeem, exchange, grant options for
the purchase or exchange of, or otherwise dispose of, any real or personal
property, at public or private sale, for cash or upon credit, with or without
security, without obligation on the part of any person dealing with the Trustee
to see to the application of the proceeds of or to inquire into the validity,
expediency or propriety of any such disposition;

                  (c)      to exercise, personally or by general or limited
proxy, the right to vote any shares of stock; bonds or other securities held in
this Trust, to delegate discretionary voting power to trustees of a voting trust
for any period of time, and to exercise, personally or by power of attorney, any
other right appurtenant to any securities or other property of this Trust;

                  (d)      to join in or oppose any reorganization,
recapitalization, consolidation, merger or liquidation, or any plan therefor,
or any lease, mortgage or sale of the property of any organization the
securities of which are held in this Trust; to pay from this Trust any
assessments, charges or compensation specified in any plan of reorganization,
recapitalization, consolidation, merger or liquidation: to deposit any property
with any committee or depositary;

                                       14
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and to retain any property allotted to this Trust in any reorganization,
recapitalization, consolidation, merger, or liquidation;

                  (e)      to exercise or sell any conversion or subscription or
other rights appurtenant to any stock, security or other property held in this
Trust;

                  (f)      to borrow from any lender (including the Trustee in
its individual capacity) money, in any amount and upon any reasonable terms and
conditions, for purposes of this Agreement, and to pledge or mortgage any
property held in this Trust to secure the repayment of any such loan;

                  (g)      to compromise, settle or arbitrate any claim, debt,
or obligation of or against this Trust; to enforce or abstain from enforcing any
right, claim, debt or obligation and to abandon any property determined by it to
be worthless;

                  (h)      to make loans of securities held in this Trust to
registered brokers and dealers upon such terms and conditions as are permitted
by applicable law and regulations, and in each instance to permit the securities
so lent to be registered in the name of the borrower or a nominee of the
borrower, provided that in each instance the loan is adequately secured and
neither the borrower nor any affiliate of the borrower has discretionary
authority or control with respect to the assets of this Trust involved in the
transaction or renders investment advice with respect to those assets; and

                  (i)      to invest and reinvest any property in this Trust in
any other form or type of investment not specifically mentioned in this Section.

                                       15
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                       ARTICLE 7: ADMINISTRATIVE POWERS.

         The Trustee shall have and in its sole and absolute discretion may
exercise from time to time and at any time the following administrative powers
and authority with respect to this Trust:

         7.1      To hold property of this Trust in its own name or in the name
of a nominee or nominees, without disclosure of this Trust, or in bearer form so
that it will pass by delivery, but no such holding shall relieve the Trustee of
its responsibility for the safe custody and disposition of this Trust in
accordance with the provisions of this Agreement; the Trustees books and records
shall at all times show that such property is part of this Trust; and the
Trustee shall be absolutely liable for any loss occasioned by the acts of its
nominee or nominees with respect to securities registered in the name of the
nominee or nominees.

         7.2      To organize and incorporate under the laws of any state it may
deem advisable one or more corporations (and to acquire an interest in any such
corporation that it may have organized and incorporated) for the purpose of
acquiring and holding title to any property, interests or rights that the
Trustee is authorized to acquire under Article 6 hereof.

         7.3      To employ in the management of this Trust suitable agents,
without liability for any loss occasioned by any such agents selected by the
Trustee with the care, skill, prudence and diligence under the circumstances
then prevailing that a prudent person acting in a like capacity and familiar
with such matters would use in the conduct of an enterprise of a like character
and with like aims.

         7.4      To make, execute and deliver, as Trustee, any deeds,
conveyances, leases, mortgages, contracts, waivers or other instruments in
writing that the Trustee may deem necessary or desirable in the exercise of its
powers under this Agreement.

                                       16

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         7.5      To administer this Trust, including the establishment and
maintenance of the Sub-Accounts and Suspense Account, to ensure that payments
made to this Trust by the Company are deductible by the Company under Section
404(a)(5) of the Code: provided, that such administration shall not adversely
effect the interests of the Participants and beneficiaries.

         7.6      To reallocate at any time excess funds from any and all of the
sub-Accounts among the Sub-Accounts or Suspense Account, as provided under
Article 5, and from the Suspense Account to any and all of the Sub-Accounts, as
provided under Article 2.

         7.7      To pay any federal, state, local or other taxes imposed or
levied with respect to the assets and/or income of this Trust out of the Benefit
Account and to file all federal, state and local tax or information returns
relating to this Trust.

         7.8      To do all other acts that the Trustee may deem necessary or
proper to carry out any of the powers set forth in this Agreement or otherwise
in the best interests of this Trust.

                  ARTICLE 8: INSURANCE AND ANNUITY CONTRACTS.

         8.1      The Trustee, upon written direction of the Company prior to a
Change in Control, shall pay from the Benefit Account such sums to such
insurance company or companies as the Company may direct for the purpose of
procuring participating or nonparticipating insurance and/or annuity contracts
for the Transferred Plans (hereinafter referred to as "Contracts(degree)). The
Company shall prepare, or cause to be prepared in such form as it shall
prescribe, the application for any Contract to be applied for. The Trustee shall
receive and hold in this Trust, subject to the provisions hereinafter set forth
in this Article 8, all Contracts so obtained.

         8.2      The Trustee shall be the complete and absolute owner of
Contracts held in this Trust and, upon written direction of the Company prior to
a Change in Control, shall have power, without the consent of any other person,
to exercise any and all of the rights, options or privileges that belong to the
absolute owner of any Contract held in this Trust or that are granted

                                       17
<PAGE>

by the terms of any such Contract or by the terms of this Agreement. Prior to a
Change in Control, the Trustee shall have no discretion with respect to the
exercise of any of the foregoing powers or the taking of any other action
permitted by any Contract held in this Trust, but shall exercise such powers or
take such action only upon the written direction of the Company and the Trustee
shall have no duty to exercise any of such powers or to take any such action
unless and until it shall have received such direction. After a Change in
Control, the Trustee shall exercise, without directions from the Company, any
and all of the rights, options or privileges that belong to the absolute owner
of any Contract held in this Trust or that are granted by the terms of any such
Contract or by the terms of this Agreement. The Trustee, upon the written
direction of the company prior to a Change in Control, shall deliver any
Contract held in this Trust to such person or persons as may be specified in the
direction.

         8.3      The Trustee shall hold in this Trust the proceeds of any sale,
assignment or surrender of any Contract held in this Trust and any and all
dividends and other payments (including death benefits) of any kind received in
respect of any Contract held in this Trust.

         8.4      Upon the written direction of the Company prior to a Change in
Control, the Trustee shall pay from the Benefit Account, premiums, assessments,
dues, charges and interest, if any, upon any Contract held in this Trust. The
Trustee shall have no duty to make any such payment unless and until it shall
have received such direction. After a Change in Control, the Trustee shall pay
from the Benefit Account premiums, assessments, dues, charges and interest, if
any, upon any Contract held in this Trust, without direction from the Company.

         8.5      No insurance company that may issue any Contract or Contracts
held in this Trust shall be deemed to be a party to this Agreement for any
purpose, or to be responsible in any way for the validity of this Agreement or
to have any liability under this Agreement other than as

                                       18
<PAGE>

stated in each Contract that it may issue. Any insurance company may deal with
the Trustee as sole owner of any Contract issued by it and held in this Trust
without inquiry as to the authority of the Trustee to act, and may accept and
rely upon any written notice, instruction, direction, certificate or other
communication from the Trustee believed by it to be genuine and to be signed by
an officer of the Trustee and shall incur no liability or responsibility for so
doing. Any sums paid out by any insurance company under any of the terms of a
Contract issued by it and held in this Trust either to the Trustee, or, in
accordance with the direction of the Trustee, to any other person or persons
designated as payees in such Contract shall be a full and complete discharge of
the liability to pay such sums, and the insurance company shall have no
obligation to look to the disposition of any sums so paid. No insurance company
shall be required to review the terms of this Agreement, to question any action
of the Trustee or to ensure that any action of the Trustee is authorized by the
terms of this Agreement.

         8.6      Notwithstanding anything contained herein to the contrary,
neither the Company nor the Trustee shall be liable for the refusal of any
insurance company to issue or change any Contract or Contracts or to take any
other action requested by the Trustee; nor for the form, genuineness, validity,
sufficiency or effect of any Contract or Contracts held in this Trust nor for
the act of any person or persons that may render any such Contract or Contracts
null and void nor for the failure of any insurance company to pay the proceeds
and avails of any such Contract or Contracts as and when the same shall become
due and payable; nor for any delay in payment resulting from any provision
contained in any such Contract or Contracts; nor for the fact that for any
reason whatsoever (other than their own negligence or willful misconduct) any
Contract or Contracts shall lapse or otherwise become uncollectable.

                                       19
<PAGE>

             ARTICLE 9: TRUSTEE'S POWERS AFTER A CHANGE IN CONTROL:

         9.1      After a Change in Control, the Trustee shall. exercise for the
sole benefit of Participants and their beneficiaries any of the powers set forth
in Section 6.3 of Article 6 and Sections 8.2 through 8.6.of Article 8 without
direction from the Company, including the power to negotiate for and purchase
Contracts whose rates of return and maturity dates may reasonably be expected to
permit the Trust to discharge any or all of the obligations of the Company and
its Affiliates under the Transferred Plans.

         9.2      As soon as practicable following a Change in Control, the
Trustee shall notify in writing each Participant and beneficiary of the amount
of his or her benefit (accrued or contingent) under the Transferred Plans.
Thereafter, the Trustee shall provide each Participant or his or her beneficiary
by March 1 of each year, with an account statement (the "Account Statement") as
of December 31 of the prior calendar year. The Account Statement shall contain a
statement of the amount of benefit payments to which the Participant is or may
be entitled, a summary of the assets of the Trust, the amount credited to the
Participant's Sub-Account, and a statement notifying the Participant or
beneficiary that he or she has the right to receive or examine a copy of this
Agreement and examine the Trustees account filed with the Company pursuant to
Section 14.1 of Article 14 hereof. In addition, the Trustee shall notify each
Participant or beneficiary of any failure by the Company to provide the
Participant Data referred to in Section 5.1 of Article 5 hereof or to make
contributions pursuant to Articles 3 and 4.

         9.3      After a Change in Control, the Trustee shall bill the Company
directly, on a monthly basis, for all fees and expenses described in Section
10.2 of Article 10. The Trustee may commence legal action against the Company to
recover any amount not paid within thirty (30) days of the billing date, and
shall be obligated to commence such an action if the Company's

                                       20
<PAGE>

failure to pay causes a reduction in the assets of the Trustee Expense Account
contributed pursuant to Article 3.

         9.4      After a Change in Control, the Trustee shall be obligated to
commence legal action to compel the Company to provide funds to pay benefits
under all Transferred Plans and any taxes imposed on this Trust if the Trustee
has issued a demand pursuant to Section 4.3 of Article 4 and the Company has
failed to transfer the demanded funds in a timely fashion under Section 4.3 of
Article 4.

            ARTICLE 10: TAXES. EXPENSES AND COMPENSATION OF TRUSTEE.

         10.1     The Company shall pay any federal, state, local or other taxes
imposed or levied with respect to the assets and/or income of this Trust or any
part thereof unless paid by the Trustee out of the Benefit Account.

         10.2     The Trustee shall be reimbursed by the company on a monthly
basis, or on such other basis as the Trustee deems reasonable, for the fees and
expenses set forth in Schedule 2 to the Benefits Trust and its reasonable
expenses, including but not limited to the retention of legal counsel,
accountants and actuaries and such other professionals as the Trustee determines
are necessary or appropriate to enable it to perform its services as Trustee.

                     ARTICLE 11: GENERAL DUTIES OF TRUSTEE.

         11.1     The Trustee shall discharge its duties under this Agreement
solely in the interest of the Participants and their beneficiaries and (a) for
the exclusive purpose of providing benefits to such Participants and their
beneficiaries and defraying reasonable expenses of administering this Trust: and
(b) with the care, skill, prudence and diligence under the circumstances then
prevailing that "a prudent person acting in a like capacity and familiar with
such matters would use in the conduct of an enterprise of a like character and
with like aims.

                                       21
<PAGE>

         11.2     (a) The Company shall notify the Trustee of any facts of which
its officers have knowledge which have caused the occurrence of a Change in
Control.

                  (b)      The Trustee is responsible for ascertaining whether a
Change in Control has occurred.

         11.3     The Trustee may consult with counsel, who may be counsel for
the Company prior to a Change in Control or for the Trustee in its individual
capacity, and shall not be deemed imprudent by reason of its taking or
refraining from taking any, action in accordance with the opinion of counsel.

                          ARTICLE 12: INDEMNIFICATION.

         12.1     The Company agrees, to the extent permitted by law, to
indemnify and hold the Trustee harmless from and against any liability that the
Trustee may incur in the administration of this Trust (including attorneys' fees
and expenses), unless arising from the Trustee's own gross negligence, willful
misconduct, or willful breach of the provisions of its obligations under this
Agreement. The Trustee shall not be required to give any bond or any other
security for the faithful performance of its duties under this Agreement, except
as required by law.

         12.2     Any amount payable to the Trustee under this Article 12
and not previously paid by the Company shall be paid by the Company promptly
upon written demand therefor by the Trustee or, if the Company fails to make
payment within fifteen (15) days after receipt of such written demand, from the
Trustee Expense Account, and, if the Trustee Expense Account is insufficient,
then from the Benefit Account.

         In the event that payment is made hereunder to the Trustee from the
Trustee Expense Account or Suspense Account, the Trustee shall promptly notify
the Company in writing of the amount of such payment. The Company agrees that,
upon receipt of such notice, it will

                                       22
<PAGE>

deliver to the Trustee to be held in this Trust an amount in cash (or in
marketable securities or in some combination thereof) equal to any payments made
from this Trust to the Trustee pursuant to this Article 12. The failure of the
Company to transfer any such amount shall not in any way impair the Trustee's
right to indemnification, reimbursement and payment pursuant to this Article 12.
The provisions of this Article 12 shall survive the termination of this
Agreement.

                     ARTICLE 13: NO DUTY TO ADVANCE FUNDS.

         Nothing contained in this Agreement shall require the Trustee to risk
or expend its own funds in the performance of the duties of the Trustee
hereunder. In the acceptance and performance of its duties hereunder, the
Trustee acts solely as trustee and not in its individual capacity, and all
persons, other than the Company, having any claim against the Trustee related to
this Agreement or the actions or agreements of the Trustee contemplated hereby
shall look solely to this Trust for the payment or satisfaction thereof unless
the Trustee has failed to act with the care, skill, prudence and diligence under
the circumstances then prevailing that a prudent person acting in a like
capacity and familiar with such matters would use in the conduct of an
enterprise of like character and with like aims.

                             ARTICLE 14: ACCOUNTS.

         14.1     (a) The Trustee shall keep accurate and detailed accounts of
all its receipts, investments and disbursements under this Agreement on a fiscal
year basis ending on each August 31 and for purposes of the Account Statement
pursuant to Section 9.2 of Article IX. Such person or persons as the Company
shall designate shall be allowed to inspect the books of account relating to
this Trust upon request at any reasonable time during the business hours of the
Trustee.

                                       23
<PAGE>

                  (b)      Within sixty (60) days after the close of each fiscal
year, the Trustee shall transmit to the Company, and certify the accuracy of, a
written statement of the assets and liabilities of this Trust, showing the
current value of each asset at that date, and a written account of all the
Trustee's transactions relating to this Trust during the period from the last
previous accounting to the close of that year. For the purposes of this
subsection, the date of the Trustee's resignation or removal as provided in
Article 16 hereof or the date of termination of this Trust as provided in
Article 17 hereof shall be deemed to be the close of a year.

                  (c)     Unless the Company shall have filed with the Trustee
written exceptions or objections to any such statement and account within
one-hundred and twenty (120) days after receipt thereof, the Company shall be
deemed to have approved such statement and account, and in such case or upon the
written approval by the Company of any such statement and account, the Trustee
shall, to the extent permitted by law, be forever released and discharged with
respect to all matters and things contained in such statement and account as
though it had been settled by decree of a court of competent jurisdiction in an
action or proceeding to which the company and all persons having any beneficial
interest in this Trust were parties.

         14.2     The Trustee shall determine the fair market value of this
Trust on a quarterly basis. If there is a diminution in value of the Trustee
Expense Account below (1) one hundred thousand dollars ($100,000) after the
occurrence of a Change in Control, the Company shall provide the Trustee with
sufficient funds to make up for any such diminution in value within fifteen (15)
days after written demand by the Trustee for such payment." No resignation
pursuant to the foregoing provisions of this Section 14.2 may take effect after
the occurrence of a Change in Control.

                                       24
<PAGE>

         14.3     Nothing contained in this Agreement or in the Transferred
Plans shall deprive the Trustee of the right to have a judicial settlement of
its accounts. In any proceeding for a judicial settlement of the Trustee's
accounts or for instructions in connection with this Trust, the only other
necessary party thereto in addition to the Trustee shall be the Company. If the
Trustee so elects, it may bring in as a party or parties defendant any other
person or persons. No person interested in this Trust, other than the Company or
at least twenty-five percent (25%) of the Participants and beneficiaries, shall
have a right to compel an accounting, judicial or otherwise, by the Trustee, and
each such person shall be bound by all accountings by the Trustee to the
Company, as herein provided, as if the account had been settled by decree of a
court of competent jurisdiction in an action or proceeding to which such person
was a party.

      ARTICLE 15: ADMINISTRATION OF THE TRANSFERRED PLANS: COMMUNICATIONS.

         15.1     Prior to a Change in Control the Company shall administer
the Transferred Plans as provided therein and subject to Article 5, Article 6,
and Article 9, or subject to any other delegation, by the Company and assumption
by the Trustee of the duties of administering the Transferred Plans, the Trustee
shall not be responsible in any respect for administering the Transferred Plans
nor shall the Trustee be responsible for the adequacy of this Trust to meet and
discharge all payments and liabilities under the Transferred Plans. The Trustee
shall be fully protected in relying upon any written notice, instruction,
direction or other communication consistent with the terms of this Agreement
signed by an officer of the Company designated pursuant to this Agreement. The
Company, from time to time, shall furnish the Trustee with the names and
specimen signatures of the designated officers of the Company and shall promptly
notify the Trustee of the termination of office of any designated officer of the
Company and the appointment of a successor thereto. Until notified to the
contrary, the Trustee shall be fully

                                       25
<PAGE>

protected in relying upon the most recent list of the designated officers of the
Company furnished to it by the Company.

         15.2     Any action required by any provision of this Agreement to be
taken by the Board shall be evidenced by a resolution of such Board certified to
the Trustee by the Secretary or an Assistant Secretary of the Company under its
corporate seal, and the Trustee shall be fully protected in relying upon any
resolution so certified to it. Unless other evidence with respect thereto has
been specifically prescribed in this Agreement, any other action of the Company
under any provision of this Agreement, including any approval of or exceptions
to the Trustee's accounts, shall be evidenced by a certificate signed by an
officer of the Company, and the Trustee shall be fully protected in relying upon
such certificate. The Trustee may accept a certificate signed by an officer of
the Company as proof of any fact or matter that it deems necessary or desirable
to have established in the administration of this Trust (unless other evidence
of such fact or matter is expressly prescribed herein), and the Trustee shall be
fully protected in relying-upon the statements in the certificate.

         15.3     The Trustee shall be entitled conclusively to rely upon any
written notice, instruction, direction, certificate or other communication
consistent with the terms of this Agreement believed by it to be genuine and to
be signed by the proper person or persons.

         15.4     Until written notice is given to the contrary, communications
to the Trustee shall be sent to it at its office at 301 N. Main Street, P.O. Box
3099, Winston-Salem, North Carolina, Attention: Mr. John N. Smith, Telecopy
919/770-4059, copy to Mr. Joe Long (or such other individuals as delegated in
writing by Messrs. Smith or Long), communications to the Company shall be sent
to it at its office at 1420 Peachtree Street, N.E., Atlanta, Georgia; Attention:
Sidney Kirschner, Telecopy 404/853-1015, copy to David Levy.

                                       26
<PAGE>

                 ARTICLE 16: RESIGNATION OR REMOVAL OF TRUSTEE.

         16.1     The Trustee may resign at any time, other than during a
Threatened Change in Control Period or following the occurrence of a Change in
Control, upon six (6) months' written notice to the Company or such shorter
period as is acceptable to the Company (hereinafter referred to as the
"Resignation Period") and immediately after the Resignation Period shall have no
further duties hereunder. The Trustee will have no duty to find or secure the
appointment of a successor upon its resignation pursuant to this Section nor
shall its resignation or its termination of any further duties be contingent
upon the appointment and qualification of a successor. Promptly after receipt of
such notice, the Company shall appoint a successor trustee, such trustee to
become Trustee upon its acceptance of this Trust.

         16.2     During a Threatened Change in Control Period or after the
occurrence of a Change in Control, the Trustee may resign only if a final
decision of a court of competent jurisdiction removes the Trustee by reason of
such court's determination of the existence of a conflict of interest which
prevents the Trustee from properly performing its duties hereunder. The
Trustee agrees to use its best efforts to avoid any such conflict. For the
purpose of this Agreement, the decision of a court shall not be deemed to be
final unless the decision is not appealable, or no appeal has been taken from
the decision and the time for an appeal has expired. Notwithstanding the
foregoing provisions of this Section 16.2, such resignation shall not be
effective unless the Trustee has obtained the agreement of a bank to act as
successor trustee which bank (1) is among the 100 largest banks in the United
States, as measured by assets, and (2) served or then currently serves as the
trustee for similar trusts and understands its obligations under such similar
trusts. In any event, the Trustee shall continue to be custodian of this Trust
until the new trustee is in place, and the Trustee shall be entitled to expenses
and fees through the

                                       27
<PAGE>

later of the effective date of its resignation as Trustee or the end of its
custodianship of this Trust's assets.

         16.3     Other than during a Threatened Change in Control Period or
after the occurrence of a Change in Control, the Company may remove the Trustee
upon thirty (30) days' written notice to the Trustee, or upon shorter notice if
acceptable to the Trustee. Such removal shall become effective, however, only
upon the occurrence of all of the following events:

                  (a)      The appointment by the Company of a successor
trustee:

                  (b)      The acceptance of the Trust by the successor trustee;
and

                  (c)      The delivery of this Trust's assets to the successor
trustee.

         16.4     Each successor trustee shall have the powers and duties
conferred upon the Trustee in this Agreement, and the term "Trustee" as used in
this Agreement shall be deemed to include any successor trustee. Upon
designation or appointment of a successor trustee, the Trustee shall transfer
and deliver this Trust to the successor trustee, reserving such reasonable sums
as the Trustee shall deem necessary to defray its expenses in settling its
accounts, to pay any of its compensation due and unpaid and to discharge any
obligation of this Trust for which the Trustee may be liable. If the sums so
reserved are not sufficient for these purposes, the Trustee' shall be entitled
to recover the amount of any deficiency from either the Company or the successor
trustee, or both. When this-Trust shall have been transferred and delivered to
the successor trustee and the accounts of the Trustee have been settled as
provided in Article 14 hereof, the Trustee shall be released and discharged from
all further accountability or liability for this Trust and shall not be
responsible in any way for the further disposition of this Trust or any part
thereof.

                                       28
<PAGE>

         16.5     Notwithstanding anything to the contrary, in the event it
resigns or is removed, the Trustee shall have a right to have its accounts
settled as provided in Article 14 hereof.

           ARTICLE 17: AMENDMENT OF AGREEMENT; TERMINATION OF TRUST.

         17.1     Subject to Section 17.2 of this Article 17, the Company
expressly reserves the right at any time, other than during a Threatened Change
in Control Period or after the occurrence of a Change in Control, to amend in
writing or terminate this Agreement and this Trust created thereby to any extent
that it may deem advisable. No amendment shall be made without the Trustee's
consent thereto in writing (whose consent shall not be unreasonably withheld)
if, and to the extent that, the effect of such-amendment is to materially
increase the Trustee's responsibilities hereunder. Such proposed amendment shall
be delivered to the Trustee as a written instrument of amendment, duly executed
and acknowledged by the Company. The Company also shall deliver to the Trustee a
copy of any modifications or amendments to the Transferred Plans. The Trustee's
consent shall not be required for the termination of this Trust pursuant to this
Section 17.1, its removal as Trustee, the amendment of any of the Plans, or the
increase in the number of Participants.

         17.2     Notwithstanding anything contained herein to the contrary,
other than as provided in Section 17.4, the provisions of this Agreement and
this Trust created thereby shall not be amended or terminated by the Company or
the Trustee during a Threatened Change in Control Period or after the occurrence
of a Change in Control.

         17.3     In the event the Company terminates this Trust other than
during a Threatened Change in Control Period or after the occurrence of a
Change in Control, the Trustee shall reserve such sums it deems necessary to pay
its fees and expenses, and shall distribute all remaining assets of this Trust
in accordance with the written directions of the Company, and the

                                       29
<PAGE>

Trustee shall provide the Company with a final written accounting to the Company
in accordance with Article 14 hereof.

         17.4     After the occurrence of a Change in Control, this Trust shall
only be terminated on the first to occur of either (a) the date on which the
last Participant or beneficiary has received his or her benefits under the
Transferred Plans or (b) the twenty-first anniversary of the death of the last
survivor of the Participants or their beneficiaries who are in being on the
date of this Agreement. Upon termination of this Trust, the Trustee shall have a
right to have its account settled as provided in Article 14 hereof. Only upon
termination of this Trust, and after payment of all fees, expenses and
indemnities due to or incurred by the Trustee hereunder, any remaining portion
of this Trust shall be promptly paid to the Company:

                     ARTICLE 18: PROHIBITION OF DIVERSION.

         Except as provided in Sections 3.3, 4.2 and 17.4, at no time prior to
the satisfaction of all liabilities with respect to Participants and their
beneficiaries under this Trust shall any part of the corpus and/or income of
this Trust be used for, or diverted to, purposes other than for the exclusive
benefit of such Participants and their beneficiaries, and the assets of this
Trust shall never inure to the benefit of the Company and shall be held for the
exclusive purposes of providing benefits to Participants in the Transferred
Plans and their beneficiaries and defraying reasonable expenses of administering
the Transferred Plans or performing any of the Trustee's duties under this
Agreement.

               ARTICLE 19: PROHIBITION OF ASSIGNMENT OF INTEREST.

         No interest, right or claim in or to any part of this Trust or any
payment therefrom shall be assignable, transferable or subject to sale,
mortgage, pledge, hypothecation, commutation, anticipation, garnishment,
attachment, execution or levy of any kind, and the

                                       30
<PAGE>

Trustee shall not recognize any attempt to assign, transfer, sell, mortgage,
pledge, hypothecate, commute or anticipate the same, except to the extent
required by law.

                           ARTICLE 20: MISCELLANEOUS.

         20.1     This Agreement shall be interpreted, construed and enforced,
and this Trust hereby created shall be administered, in accordance with the laws
of the United States and of the State of Georgia without regard to the conflicts
of laws principles thereof.

         20.2     The Company shall, at any time and from time to time, upon the
reasonable request of the Trustee, execute and deliver such further instruments
and do such further acts as may be necessary or proper to effectuate the purpose
of this Agreement.

         20.3     The titles to Articles of this Agreement are placed herein for
convenience of reference only, and this Agreement is not to be construed by
reference thereto.

         20.4     This Agreement shall bind and inure to the benefit of the
successors and assigns of the Company and the Trustee, respectively and the
Transferred Plans.

         20.5     This Agreement may be executed in any number of counterparts,
each of which shall be deemed to be an original but all of which together shall
constitute but one instrument, which may be sufficiently evidenced by any
counterpart.

         20.6     If any provision of this Agreement is determined to be invalid
or unenforceable the remaining provisions shall not for that reason alone also
be determined to be invalid or unenforceable.

         20.7     Each Participant and his beneficiaries is an intended
beneficiary under this Trust, and shall be entitled to enforce all terms and
provisions hereof with the same force and effect as if such person had been a
party hereto.

                                       31
<PAGE>

         IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed in their respective names by their duly authorized officers under their
corporate seals as of the day and year first above written.

                                    NATIONAL SERVICE INDUSTRIES, INC.

ATTEST:                             By:
       --------------------------       -----------------------------
       Secretary                        Sidney Kirschner, President

                                    WACHOVIA BANK AND TRUST COMPANY, N.A.

ATTEST:                             By:
       --------------------------       -----------------------------
       Secretary

                                       32
<PAGE>

STATE OF        :
                        ss.:
COUNTY OF       :

         On this day of ____________, 1990, before me personally came
________________, to me known, who, being by me duly sworn, did depose and say
that he resides at _____________________________, and that he is _______________
of Wachovia Bank and Trust Company, N.A., one of the entities describes in and
which executed the foregoing instrument that he knows the seal of said
corporation; that the seal affixed to said instrument is such corporate seal;
that it was so affixed by order of the Board of Directors of said corporation;
and that he signed his name thereto by like order.

                                        ------------------------------------
                                        Notary Public, State of Georgia
                                        DeKalb County

                                        My Commission Expires
                                                              ------------

STATE OF                :
                        ss.:
COUNTY OF FULTON        :

         On this day of ____________, 1990, before me personally came Sidney
Kirschner, to me known, who, being by me duly sworn, did depose and say that he
resides at 6175 Riverwood Drive, Atlanta, Georgia, and that he is President of
Wachovia Bank and Trust Company, N.A., one of the entities describes in and
which executed the foregoing instrument; that he knows the seal of said
corporation; that the seal affixed to said instrument is such corporate seal;
that it was so affixed by order of the Board of Directors of said corporation;
and that he signed his name thereto by like order.

                                        ------------------------------------
                                        Notary Public, State of Georgia
                                        DeKalb County

                                        My Commission Expires
                                                              ------------
<PAGE>

                                   Schedule 1

                                    THE PLANS

         The following Company plans and agreements (collectively referred to as
the "Plans") are subject to this Trust:

         1.       Executives' Deferred Compensation Plan
         2.       Supplemental Retirement Plan for Executives
         3.       Senior Management Benefit Plan
         4.       1984 Special Deferred Supplemental Bonus Plan for:

                              (i)   Kirschner
                             (ii)   Maziar
                            (iii)   McClung

         5.       1987 Special Deferred Supplemental Bonus Plans for:
                              (i)   Kirschner
                             (ii)   Gurbacki
                            (iii)   Maziar
                             (iv)   McClung

         6.       Severance Protection Agreements with:
                              (i)   Kirschner
                             (ii)   Bostater
                            (iii)   Cosby
                              (i)   DiRosa
                             (ii)   Dressel
                            (iii)   Evans
                              (i)   Gurbacki
                             (ii)   Hipps
                            (iii)   Hubble
                             (iv)   Joel
                             (ii)   Levy
                            (iii)   Maziar
                             (iv)   McClung
                             (iv)   Zook

                                     1 of 1<PAGE>
                                                           Exhibit 10(iii)A49(b)

                            AMENDMENT AND ADOPTION OF
                        NATIONAL SERVICE INDUSTRIES, INC.
                            EXECUTIVE BENEFITS TRUST

         This Agreement made and entered into as of this ____ day of
___________, 1996, by and among National Service Industries, Inc. (the
"Corporation), Wachovia Bank and Trust Company (the "Trustee") and the following
affiliates of the Corporation - North Bros., Inc., National Service Industries,
Inc. of Georgia, NSI Enterprises, Inc., ZEP Manufacturing Company, and NSI
Services, L.P.:

                              W I T N E S S E T H:

         WHEREAS, the Corporation previously established a trust arrangement
known as the National Service Industries, Inc. Executive Benefits Trust (the
"Trust") in order to ensure that participants and their beneficiaries receive
the benefits which the Corporation and its affiliates are obligated to provide
pursuant to various executive compensation arrangements (collectively, the
"Plans") and to provide for additional funding of the Trust upon a Change in
Control of the Corporation; and

         WHEREAS, effective as of August 31, 1996, the Corporation will
reorganize its operations into several newly-formed subsidiary corporations and
limited partnerships including North Bros., Inc., National Service Industries,
Inc. of Georgia, NSI Enterprises , Inc., ZEP Manufacturing Company, and NSI
Services, L.P. (collectively, referred to as the "Affiliates"); and

         WHEREAS, each Affiliate has assumed the obligation, with respect to
certain eligible employees employed by such Affiliate, to provide benefits under
one or more of the Plans; and

         WHEREAS, each of the Affiliates now desires to adopt and become a party
to the Trust upon the terms set forth herein; and

         WHEREAS, the Corporation desires to amend the Trust in certain respects
to clarify each Affiliate's financial obligation to provide benefits to the
Affiliate's eligible employees under any Plan adopted by such Affiliate;

         NOW, THEREFORE, for and in consideration of the premises and the mutual
covenants contained herein, the parties hereto agree as follows:

                                       1.

         The Corporation authorizes each of the Affiliates to adopt and become a
party to the Trust in accordance with the terms and provisions thereof.

<PAGE>

                                       2.

         Effective as of August 31, 1996, each of the Affiliates hereby adopts
and becomes a party to the Trust and agrees to be bound by all the terms and
provisions thereof.

                                       3.

         Section 4.1 of the Trust is hereby amended by deleting the first
sentence thereof in its entirety and substituting the following:

                  "Immediately upon the occurrence of a Change in Control, the
         Company and each Affiliate shall contribute sufficient cash or
         marketable securities to their respective Benefit Accounts in an amount
         equal to the difference between the assets transferred to this Trust
         pursuant to the Transfer and the amount necessary to pay all benefits
         payable (whether payable currently or on a deferred basis) under all
         Transferred Plans as the Trustee, in its discretion, determines;
         provided, however, any Affiliate shall be required to make
         contributions hereunder only to the extent of such Affiliate's
         obligation under each Plan it has adopted."

                                       4.

         Section 4.2 of the Trust is hereby amended by adding "and any
Affiliate" after "Company" wherever it appears therein.

                                       5.

         Section 4.3 of the Trust is hereby amended by adding "or Affiliate, as
applicable" after "Company" wherever it appears therein and by adding the
following to the end of the section:

         "In the event that any Affiliate fails to transfer funds following
         written demand as provided herein, the Company shall assume the
         Affiliate's obligation to transfer such funds."

                                       6.

         Section 9.4 of the Trust is hereby amended by adding the following to
the end of the section:

         "To the extent any Affiliate has failed to transfer funds required
         under Section 4.3, the Trustee may join such Affiliate in any legal
         action against the Company to compel payment."

                                       7.

<PAGE>

         This Agreement shall be effective as of August 31, 1996. Except as
provided herein, the remaining provisions of the Trust shall remain in full
force and effect.

         IN WITNESS WHEREOF, the parties hereto have executed this Amendment and
Adoption Agreement as of the day and year first written above.

ATTEST:                                     NATIONAL SERVICE INDUSTRIES, INC.

                                            By:
----------------------------                    --------------------------------

ATTEST:                                     NORTH BROS., INC.

                                            By:
----------------------------                    --------------------------------

ATTEST:                                     NATIONAL SERVICE INDUSTRIES, INC. OF
                                                     GEORGIA

                                            By:
----------------------------                    --------------------------------

ATTEST:                                     NSI ENTERPRISES, INC.

                                            By:
----------------------------                    --------------------------------

ATTEST:                                     ZEP MANUFACTURING COMPANY

                                            By:
----------------------------                    --------------------------------

ATTEST:                                     NSI SERVICES, L.P.

                                            By:
----------------------------                    --------------------------------

ATTEST:                                     WACHOVIA BANK AND TRUST COMPANY,
                                                     AS TRUSTEE

                                            By:
----------------------------                    --------------------------------

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