Document:

ex10ddd.htm

    Exhibit
10-ddd

    

    

    CINGULAR WIRELESS SBC TRANSITION
EXECUTIVE BENEFIT PLAN

    

    

    WHEREAS, Cingular Wireless Corporation
is the manager of Cingular Wireless LLC (the "Company"); and

    

    WHEREAS, SBC Communications, Inc.
("SBC") maintains, for the benefit of certain highly compensated and key
management employees, the (1) the Supplemental Retirement Income Plan ("SRIP"),
(2) the Pension Make Up Plan, (3) the Supplemental Life Insurance Plan, (3) the
Salary and Incentive Award Deferral Plan ("SIAD"), (4) the Senior Management
Long Term Disability Plan and (5) the Executive Health Plan (collectively the
"SBC Plans") (copies of such plans are attached as Exhibit A hereto);
and

    

    WHEREAS, certain former SBC employees,
who have been contributed to the Company or an affiliate of the Company, were
eligible to participate and receive benefits under the SBC Plans (the
"Transition Executives"); and

    

    WHEREAS, the Transition Executives are
identified by name and the SBC Plan(s) in which they participated on Exhibit B
hereto; and

    

    WHEREAS, the Company desires to adopt
the provisions and benefits of the SBC Plans into a new Company plan for the
Transition Executives, so that they may continue to benefit from the provisions
of the SBC Plans following their contribution to the Company; and

    

    WHEREAS, the new plan shall be known as
the Cingular Wireless SBC Transition Executive Benefit Plan (the "Cingular
Plan"); and

    

    WHEREAS, the terms of the Cingular Plan
shall incorporate by reference the terms of the SBC Plans and shall be the same
terms as in effect for the SBC Plans on October 28, 2001, including any
amendments adopted through such date, unless otherwise provided in these
resolutions or in Exhibit C hereto; and

    

    WHEREAS, the benefits provided to the
Transition Executives under the Cingular Plan shall be in lieu of the benefits
such employees would have been entitled to receive under the SBC Plans and shall
be offset against any benefits payable under the SBC Plans for any reason;
and

    

    WHEREAS, the Transition Executives, as
identified in Exhibit B, shall be the only employees of the Company and its
affiliates eligible to participate and receive benefits under the Cingular Plan
and no other employees of the Company or its affiliates shall be permitted to
participate in the Cingular

    Plan;

    

    

    

    NOW, THEREFORE, BE IT RESOLVED, that
the Cingular Plan, as described herein, is hereby approved and adopted as
presented to the Board; provided, the Senior Vice President of Human Resources
of the Company is hereby authorized to approve and execute a plan document for
the Cingular Plan as he deems appropriate based on the advice of
counsel;

    

    FURTHER RESOLVED, that with regard to
the Supplemental Life Insurance Plan, the Company is authorized to receive an
assignment of all of SBC's obligations, rights and interests in the Supplemental
Life Insurance Plan and any underlying policies of insurance, including the
obligation to administer the plan and pay any required company
contributions;

    

    FURTHER RESOLVED, that the Cingular
Plan shall be administered by the Senior Vice President - Human Resources of the
Company and his delegates; provided, however, that the Senior Vice President -
Human Resources shall be permitted to appoint third party administrators to
assist in the administration of the Cingular Plan;

    

    FURTHER RESOLVED, that the Company
reserves the unilateral right to modify, amend or terminate the Cingular Plan at
any time for any reason, including the right to merge the Cingular Plan or any
benefit under it into another Company benefit plan that may provide for
different benefits than the Cingular Plan;

    

    FURTHER RESOLVED, that the Chief
Operating Officer, the Chief Financial Officer, and the Senior Vice President of
Human Resources of the Company are hereby authorized to approve amendments to
the Cingular Plan from time to time as they deem necessary or appropriate
consistent with the Company's employee benefit policies and based on the input
of the Human Resources division, Finance division and other applicable divisions
within the Company; provided, no such amendment which is reasonably expected to
result in an increase in annual plan expense shall be effective without the
approval of the Board;

    

    FURTHER RESOLVED, that the appropriate
officers of the Company and its affiliates are hereby authorized to execute such
other documents and to take such actions as they may deem necessary or
appropriate to implement the Cingular Plan and to carry out the intent and
purposes of the foregoing resolutions as shall be necessary to comply with the
requirements of the Internal Revenue Code, the Employee Retirement Income
Security Act and all other applicable laws; and

    

    RESOLVED, all prior actions taken by
any officer of the Corporation and any officers of the Company in connection
with the foregoing resolutions are hereby ratified.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    EXHIBIT
A

    SBC
Communications Inc.

    

    

    SUPPLEMENTAL
RETIREMENT INCOME PLAN

    

    

    Effective:
January 1, 1984

    Revisions
Effective: October 1, 2000

    

    Attachment
(Agreement)

    

    1.           PURPOSE.  The
purpose of the Supplemental Retirement Income Plan ("Plan") is to provide
Eligible Employees with retirement benefits to supplement benefits payable
pursuant to SBC's qualified group pension plans.

    

    2.           DEFINITIONS.  For
purposes of this Plan, the following words and phrases shall have the meanings
indicated, unless the context clearly indicates otherwise:

    

    ADMINISTRATIVE
COMMITTEE.  "Administrative Committee" means a Committee consisting of
the Senior Executive Vice President-Human Resources and two or more other
members designated by the Senior Executive Vice President-Human Resources who
shall administer the Plan.

    

    AGREEMENT.  "Agreement"
means the written agreement (substantially in the form attached to this Plan)
that shall be entered into between SBC by the Senior Executive Vice
President-Human Resources and a Participant to carry out the Plan with respect
to such Participant.  Entry into a new Agreement shall not be required
upon amendment of the Plan or upon an increase in a Participant's Retirement
Percent (which increase shall nevertheless be utilized to determine the
Participant's benefits hereunder even though not reflected in the Participant's
Agreement), except entry into a new Agreement shall be required in the case of
an amendment which alters, to the detriment of a Participant, the benefits
described in this Plan as applicable to such Participant (See Section
6.5).  Such new Agreement shall operate as the written consent
required by Section 6.5 of the Participant to such amendment.

    

    BENEFICIARY.  "Beneficiary"
shall mean any beneficiary or beneficiaries designated by the Eligible Employee
pursuant to the SBC Rules for Employee Beneficiary Designations as may hereafter
be amended from time-to-time ("Rules").

    

    CHAIRMAN.  "Chairman"
shall mean the Chairman of the Board of SBC Communications Inc.

    

    DISABILITY.  "Disability"
means any Termination of Employment prior to being Retirement Eligible that the
Administrative Committee, in its complete and sole discretion, determines is by
reason of a Participant's total and permanent disability.  The
Administrative Committee may require that the Participant submit to an
examination by a competent physician or medical clinic selected by the
Administrative Committee.  On the basis of such medical evidence, the
determination of the Administrative Committee as to whether or not a condition
of total and permanent disability exists shall be conclusive.

    

    EARNINGS.  "Earnings"
means for a given calendar year the Participant's: (1) bonus made as a short
term award during the calendar year but not exceeding 200% of the target amount
of such bonus (or such other portion of the bonus as may be determined by the
Human Resources Committee of the Board of SBC), plus (2) base salary before
reduction due to any contribution pursuant to any deferred compensation plan or
agreement provided by SBC, including but not limited to compensation deferred in
accordance with Section 401(k) of the Internal Revenue Code.

    

    ELIGIBLE
EMPLOYEE.  "Eligible Employee" means an Officer or a non-Officer
employee of any SBC company who is designated by the Chairman as eligible to
participate in the Plan.  Effective on and after July 1, 1994, only an
Officer may become an Eligible Employee.

    

    FINAL
AVERAGE EARNINGS.  "Final Average Earnings" means the average of the
Participant's Monthly Earnings for the thirty-six (36) consecutive months out of
the one hundred twenty (120) months next preceding the Participant's Termination
of Employment which yields the highest average earnings.  If the
Participant has fewer than thirty-six (36) months of employment, the average
shall be taken over his or her period of employment.

    

    IMMEDIATE
ANNUITY VALUE.  "Immediate Annuity Value" means the annual amount of
annuity payments that would be paid out of a plan on a single life annuity basis
if payment of the plan's benefit was commenced immediately upon Termination of
Employment, notwithstanding the form of payment of the plan's benefit actually
made to the Participant (i.e., joint and survivor annuity, lump sum, etc.) and
notwithstanding the actual commencement date of the payment of such
benefit.

    

    MID-CAREER
HIRE.  "Mid-Career Hire" means an individual hired or rehired at age
35 or older (i) into a position eligible for benefits under this Plan or (ii)
who is subsequently promoted to a position eligible for benefits under this
Plan.

    

    MONTHLY
EARNINGS.  "Monthly Earnings" means one-twelfth (1/12) of
Earnings.

    

    OFFICER.  "Officer"
shall mean an individual who is designated by the Chairman as eligible to
participate in the Plan who is an elected officer of SBC or of any SBC
subsidiary (direct or indirect).

    

    PARTICIPANT.  A
"Participant" means an Eligible Employee who has entered into an Agreement to
Participate in the Plan.

    

    RETIREMENT.  "Retirement"
shall mean the Termination of Employment of an Eligible Employee for reasons
other than death, on or after the earlier of the following dates: (1) the date
the Eligible Employee is Retirement Eligible or (2) the date the Eligible
Employee has attained one of the following combinations of age and service at
Termination of Employment on or after April 1, 1997, except as otherwise
indicated below:

    

    
      	
              Net
      Credited Service

            	 	
              Age

            
	
              10
      years or more

            	 	
              65
      or older

            
	
              20
      years or more

            	 	
              55
      or older

            
	
              25
      years or more

            	 	
              50
      or older

            
	
              30
      years or more

            	 	
              Any
      age

            

    

    

    With
respect to an Eligible Employee who is granted an EMP Service Pension under and
pursuant to the provisions of the SBC Pension Benefit Plan - Nonbargained
Program ("SBCPBP") upon Termination of Employment, the term "Retirement" shall
include such Eligible Employee's Termination of Employment.

    

    RETIREMENT
ELIGIBLE.  "Retirement Eligible" or "Retirement Eligibility" means
that a Participant has attained age 55; provided, however, if (1) the
Participant is, or has been within the one year period immediately preceding the
relevant date, an Officer with 30 or more Years of Service and has not attained
age 55, or (2) the Participant has 15 or more Years of Service and has not
attained age 55 and is, or has been within the one year period immediately
preceding the relevant date, the Chairman or a Direct Reporting Officer as such
term is defined in SBC's Schedule of Authorizations, he shall nevertheless be
deemed to be Retirement Eligible.  Note: Any reference in any other
SBC plan to a person being eligible to retire with an immediate pension pursuant
to the SBC Supplemental Retirement Income Plan shall be interpreted as having
the same meaning as the term Retirement Eligible.

    

    RETIREMENT
PERCENT.  "Retirement Percent" means the percent specified in the
Agreement with the Participant which establishes a Target Retirement Benefit
(see Section 3.1) as a percentage of Final Average Earnings.

    

    SBC.  "SBC"
means SBC Communications Inc.

    

    SERVICE
FACTOR.  "Service Factor" means, unless otherwise agreed in writing by
the Participant and SBC, either (a) a deduction of 1.43 percent, or .715 percent
for Mid-Career Hires, multiplied by the number by which (i) thirty-five (or
thirty in the case of an Officer) exceeds (ii) the number of Years of Service of
the Participant, or (b) a credit of 0.71 percent multiplied by the number by
which (i) the number of Years of Service of the Participant exceeds (ii)
thirty-five (or thirty in the case of an Officer).  For purposes of
the above computation, a deduction shall result in the Service Factor being
subtracted from the Retirement Percent whereas a credit shall result in the
Service Factor being added to the Retirement Percent.

    

    TERMINATION
OF EMPLOYMENT.  "Termination of Employment" means the ceasing of the
Participant's employment from the SBC controlled group of companies for any
reason whatsoever, whether voluntarily or involuntarily.

    

    YEAR.  A
"Year" is a period of twelve (12) consecutive calendar months.

    

    YEAR OF
SERVICE.  "Year of Service" means each complete Year of continuous,
full-time service as an employee beginning on the date when a Participant first
began such continuous employment with any SBC company and on each anniversary of
such date, including service prior to the adoption of this Plan.

    

    3.           PLAN
("SRIP") BENEFITS.

    

    3.1           TERMINATION
OF EMPLOYMENT/VESTING.  With respect to (1) a person who becomes a
Participant prior to January 1, 1998, or (2) a person who prior to January 1,
1998 is an officer of a Pacific Telesis Group ("PTG") company and becomes a
Participant after January 1, 1998, upon such a Participant's Termination of
Employment, SBC shall pay to such Participant a monthly SRIP Benefit in
accordance with Section 3.3.  The amount of such monthly SRIP Benefit
is calculated as follows:

    

    Final
Average Earnings:

    Revised Retirement
Percentage

    Target Retirement Benefit

    Immediate Annuity Value of any SBC/PTG
Qualified Pensions

    
      	
               

            	
              Immediate
      Annuity Value of any other SBC/PTG Non-Qualified Pensionsother than
      SRIP

            

    

    Target Benefit

    Age Discount

    SRIP Benefit immediately payable upon
Termination of Employment

    

    With respect to a person who is
appointed an Officer and becomes a Participant on or after January 1, 1998, upon
such a Participant's Termination of Employment, SBC shall pay to such
Participant a monthly SRIP Benefit in accordance with Section
3.3.  The amount of such monthly SRIP Benefit is calculated as
follows:

    

    Final
Average Earnings

    Revised Retirement
Percentage

    Target Retirement Benefit

    Age Discount

    Discounted Target Benefit

    Immediate Annuity Value of any SBC/PTG
Qualified Pensions

    
      	
               

            	
              Immediate
      Annuity Value of any SBC/PTG Non-Qualified Pensions, other than
      SRIP

            

    

    SRIP Benefit immediately payable upon
Termination of Employment

    

    Where in both of the above cases the
following apply:

    

    (a)           Revised
Retirement Percentage = Retirement Percent + Service Factor.

    

    (b)           For
purposes of determining the Service Factor, the Participant's actual Years of
Service as of the date of Termination of Employment, to the day, shall be
used.

    

    (c)           For
purposes of determining the Final Average Earnings, the Participant's Earnings
history as of the date of Termination of Employment shall be used.

    

    (d)           Age
Discount means the Participant's SRIP Benefit shall be decreased by five-tenths
of one percent (.5%) for each month that the date of the commencement of payment
precedes the date on which the Participant will attain age 60.

    

    Notwithstanding the foregoing, if at
the time of Termination of Employment the Participant (1) is, or has been within
the one year period immediately preceding Participant's Termination of
Employment, an Officer with 30 or more years of Service or (2) has 15 or more
Years of Service and is, or has been within the one year period immediately
preceding Participant's Termination of Employment, the Chairman or a Direct
Reporting Officer, such Participant's Age Discount shall be zero.

    

    Except to true up for an actual short
term award paid following Termination of Employment, there shall be no
recalculation of a Participant's monthly SRIP Benefit following Participant's
Termination of Employment.

    

    If a Participant who has commenced
payment of his or her SRIP Benefit dies, his or her Beneficiary shall be
entitled to receive the remaining installments of such SRIP Benefit, if any,
which are payable in accordance with Section 3.3.  If a Participant
dies while in active service, Section 4 shall apply.

    

    Notwithstanding any other provision of
this Plan, upon any Termination of Employment of the Participant for a reason
other than death or Disability, SBC shall have no obligation to the Participant
under this Plan if the Participant has less than 5 Years of Service at the time
of Termination of Employment.

    

    3.2           DISABILITY.  Upon
a Participant's Disability and application for benefits under the Social
Security Act as now in effect or as hereinafter amended, the Participant will
continue to accrue Years of Service during his or her Disability until the
earliest of his or her:

    

    (a)           Recovery
from Disability,

    

    (b)           Retirement,
or

    

    (c)           Death.

    

    Upon the occurrence of either (a)
Participant's recovery from Disability prior to his or her Retirement
Eligibility if Participant does not return to employment, or (b) Participant's
Retirement, the Participant shall be entitled to receive a SRIP Benefit in
accordance with Section 3.1.

    

    For purposes of calculating the
foregoing benefit, the Participant's Final Average Earnings shall be determined
using his or her Earnings history as of the date of his or her
Disability.

    

    If a Participant who continues to have
a Disability dies prior to his or her Retirement Eligibility, the Participant
will be treated in the same manner as if he or she had died while in employment
(See Section 4.1).

    

    3.3           BENEFIT
PAYOUT ALTERNATIVES.  The normal form of a Participant's benefits
hereunder shall be a Life with 10-Year Certain Benefit as described in Section
3.3(a).  However, a Participant may elect in his or her Agreement to
convert his or her benefits hereunder, into one of the Alternative Benefits
described in Section 3.3(b) and (c).

    

    (a)           LIFE
WITH A 10-YEAR CERTAIN BENEFIT.  An annuity payable during the longer
of (i) the life of the Participant or (ii) the 10-year period commencing on the
date of the first payment and ending on the day next preceding the tenth
anniversary of such date (the "Life With 10-Year Certain
Benefit").  If a Participant who is receiving a Life with 10-Year
Certain Benefit dies prior to the expiration of the 10-year period described in
this Section 3.3(a), the Participant's Beneficiary shall be entitled to receive
the remaining Life With 10-Year Certain Benefit installments which would have
been paid to the Participant had the Participant survived for the entire such
10-year period.

    

    (b)           JOINT
AND 100% SURVIVOR BENEFIT.  A joint and one hundred percent (100%)
survivor annuity payable for life to the Participant and at his or her death to
his or her Beneficiary, in an amount equal to one hundred percent (100%) of the
amount payable during the Participant's life, for life (the "Joint and 100%
Survivor Benefit").

    

    (c)           JOINT
AND 50% SURVIVOR BENEFIT.  A joint and fifty percent (50%) survivor
annuity payable for life to the Participant and at his or her death to his or
her Beneficiary, in an amount equal to fifty percent (50%) of the amount payable
during the Participant's life, for life (the "Joint and 50% Survivor
Benefit").

    

    The Benefit Payout Alternatives
described in Section 3.3(b) and 3.3(c) shall be the actuarially determined
equivalent (as determined by the Administrative Committee in its complete and
sole discretion) of the Life With 10-Year Certain Benefit that is converted by
such election.

    

    Any election made pursuant to this
Section 3.3 shall be made in the Participant's Agreement and once made shall be
irrevocable.  Notwithstanding the foregoing, a Participant may elect
in his or her Agreement to defer the time by which he or she is required to
elect one of the foregoing forms of Benefit Payout Alternatives.  Any
such deferred election must be made by the Participant in writing to the
Administrative Committee no later than the last day of the calendar year
preceding the calendar year in which Participant's Retirement takes place or
other benefit payment under this Plan commences.

    

    If a Participant's Agreement fails to
show an election of a Benefit Payout Alternative, or if the Participant having
chosen to defer his or her benefit election, fails to make a timely election of
benefits, such Participant's form of benefit shall be the Life With 10-Year
Certain Benefit which is described in Section 3.3(a).

    

    Notwithstanding the foregoing, in the
event of the death of a designated annuitant during the life of the Participant,
the Participant's election to have a Benefit Payout Alternative described in
Section 3.3(b) or 3.3(c) shall be deemed to be revoked, in which event, subject
to the conditions and limitations specified in the immediately preceding
paragraph, or within the ninety-day period following the death of the annuitant
if such period would end later than the time allowed for an election by the
immediately preceding paragraph, the Participant may elect to have his or her
benefit, or remaining benefit, under the Plan, as the case may be, paid in any
of the forms described in this Section 3.3.  In the event the
Participant's designated annuitant predeceases the Participant and the
Participant fails to make a timely election in accordance with the provisions of
the immediately preceding sentence, the Participant's benefit, or remaining
benefit, as the case may be, shall be paid or reinstated, as the case may be, in
the form of a Life With 10-Year Certain Benefit as described in Section
3.3(a).  Any conversion of benefit from one form to another pursuant
to the provisions of this paragraph shall be subject to actuarial adjustment (as
determined by the Administrative Committee in its complete and sole discretion)
such that the Participant's new benefit is the actuarial equivalent of the
Participant's remaining prior form of benefit.  Payments pursuant to
Participant's new form of benefit shall be effective commencing with the first
monthly payment for the month following the death of the annuitant.

    

    Notwithstanding any other provision of
this Plan to the contrary, payment in the form of a Benefit Payout Alternative
described in Section 3.3(b) or 3.3(c), with a survivor annuity for the benefit
of the Participant's spouse as Beneficiary, may be waived by the annuitant with
the consent of the Participant in the event of the divorce (or legal separation)
of said annuitant from said Participant. In such event, the Participant's
benefit shall be reinstated to the remainder of the Life with 10-Year Certain
Benefit as described in Section 3.3(a) (i.e., the 10-Year period as described in
Section 3.3(a) shall be the same 10-year period as if such form of benefit was
the form of benefit originally selected and the expiration date of such period
shall not be extended beyond its original expiration date) effective commencing
with the first monthly payment following receipt of the waiver and Participant
consent in a form acceptable to the Administrative Committee.  A
waiver of the type described in this paragraph shall be
irrevocable.

    

    4.  DEATH
BENEFITS

    

    4.1           Death.  If
a Participant dies prior to his or her Retirement, a pre-retirement death
benefit will be calculated and paid as though the Participant had retired on the
day prior to the date of death.  Notwithstanding the provisions of
Section 3.3, if a Participant's Agreement fails to show an election of a Benefit
Payout Alternative, or if the Participant, having chosen to defer his benefit
election, failed to make a timely election of benefits prior to his death, the
form of the pre-retirement death benefit shall, at the option of the
Participant's Beneficiary, be either the Life With 10-Year Certain Benefit form
of the Participant's benefit or a Beneficiary Life Annuity (as such term is
hereinafter described) based on the life expectancy of the
Beneficiary.  If paid as a Beneficiary Life Annuity based on the Life
of the Beneficiary, such benefit shall be the actuarially determined equivalent
(as determined by the Administrative Committee in its complete and sole
discretion) of the Life With 10-Year Certain Benefit; provided, however, should
the Beneficiary die prior to the payment to the Beneficiary of the total dollar
amount of the Life with 10-Year Certain Benefit, the remaining dollar balance of
such Life With 10-Year Certain Benefit shall be paid in accordance with the
Participant's beneficiary designation and the Rules at the same monthly rate of
payment as would have been the monthly payment pursuant to the 10-year payment
schedule had the Life With 10-Year Certain Benefit been selected.

    

    4.2           Disability.  In
the event that a Participant terminates employment prior to Retirement by reason
of a Disability that entitles the Participant to continue to accrue Years of
Service until Retirement Eligibility pursuant to Section 3.2 and thereafter dies
after attaining Retirement Eligibility, the Employer shall pay to the
Participant's Beneficiary the Death Benefit specified in Section 4.1 based on
the Participant's Monthly Earnings for the twelve (12) months preceding his or
her Disability.  No death benefit shall be payable if the Participant
dies prior to attaining Retirement Eligibility.

    

    4.3           Termination
of Employment. If a Participant terminates employment other than by reason of
Disability prior to Retirement Eligibility, no death benefit shall be payable to
the Participant's Beneficiary.

    

    5.           PAYMENT.

    

    5.1           Commencement
of Payments.  Commencement of payments under this Plan shall begin not
later than sixty (60) days following the occurrence of an event with entitles a
Participant (or a Beneficiary) to payments under this Plan.

    

    5.2           Withholding,
Unemployment Taxes.  To the extent required by the law in effect at
the time payments are made, any taxes required to be withheld by the Federal or
any state or local government shall be withheld from payments made
hereunder.

    

    5.3           Recipients
of Payments; Designation of Beneficiary.  All payments to be made
under the Plan shall be made to the Participant during his or her lifetime,
provided that if the Participant dies prior to the completion of such payments,
then all subsequent payments under the Plan shall be made to the Participant's
Beneficiary or Beneficiaries.

    

    In the event of the death of a
Participant, distributions/benefits under this Plan shall pass to the
Beneficiary(ies) designated by the Participant in accordance with the
Rules.

    

    5.4           Additional
Benefit.  The reduction of any benefits payable under the SBC Pension
Plan ("SBCPBP"), which results from participation in the SBC Senior Management
Deferred Compensation Program of 1988, will be restored under this
Plan.

    

    5.5           No
Other Benefits.  No benefits shall be paid hereunder to the
Participant or his or her Beneficiary except as specifically provided
herein.

    

    5.6           Small
Benefit.  Notwithstanding any election made by the Participant, the
Administrative Committee in its sole discretion may pay any benefit in the form
of a lump sum payment if the lump sum equivalent amount is or would be less than
$10,000 when payment of such benefit would otherwise commence.

    

    5.7           Special
Increases.

    

    5.7.1                               1990
Special Increase.  Notwithstanding any other provision of this Plan to
the contrary:

    

    (a)           Effective
July 1, 1990, the monthly pension benefit amount then being paid hereunder to a
retired Participant whose Plan payments began before January 1990 shall be
increased by 1/30 of 5.0% for each month from and including January 1998 or the
month in which said Participant's pension payments began, whichever is later,
through and including June 1990, inclusive.

    

    (b)           Effective
July 1, 1990, the present and/or future monthly payment hereunder of a surviving
annuitant of a Participant whose Plan payments began before January 1990 or of a
Participant who died in active service before January 1990, shall be increased
by the same percentage as the related pension was or would have been increased
under the provisions of Paragraph (a) of this Section 5.7.1.

    

    5.7.2                               Enhanced
Management Pension (EMP) Flow-Through For Participant Receiving Other Than an
SBCPBP "Cash Balance" Benefit.  Notwithstanding any other provision of
this Plan to the contrary.

    

    (a)           Effective
December 30, 1991, a Participant who as of the date of his or her Retirement
satisfies the requirements for a service pension under the terms of the SBCPBP
as it existed prior to December 30, 1991, shall have his or her SRIP Benefit
determined without subtracting any increase in his or her SBCPBP (or successor
plan) pension amount attributable to the Enhanced Management Pension ("EMP")
provisions thereof, i.e., EMP benefits will "flow-through" to the Participant;
provided, however, such additional benefit amounts corresponding to term of
employment extending beyond age 65 through application of the EMP provisions
shall be subtracted.

    

    (b)           EMP
flow-through shall not apply in the case of any person who becomes an Eligible
Employee after December 31, 1997.

    

    5.7.3                               1993
Special Increase and Subsequent Special Increases. Notwithstanding any other
provisions of this Plan to the contrary:

    

    (a)           Effective
July 1, 1993, the monthly pension benefit amount then being paid hereunder to
(1) all retired Participants whose Plan payments began before July 1, 1993, (2)
then current and contingent annuitants of such retired Participants who elected
one of the Plan's survivor annuities and (3) then current annuitants of
employees who before  July 1, 1993 died in active service shall be
increased in the same percentages as the SBCPBP ad hoc pension increase
percentages effective July 1, 1993.

    

    (b)           Any
time after July 1, 1993 that SBCPBP is amended to provide for an ad hoc pension
increase for SBCPBP nonbargained participants, the same percentage increase
shall apply to Plan benefit amounts.

    

    6.           CONDITIONS
RELATED TO BENEFITS.

    

    6.1           Administration
of Plan.  The Administrative Committee shall be the sole administrator
of the Plan and will administer the Plan, interpret, construe and apply its
provisions in accordance with its terms.  The Administrative Committee
shall further establish, adopt or revise such rules and regulations as it may
deem necessary or advisable for the administration of the Plan.  All
decisions of the Administrative Committee shall be final and binding unless the
Board of Directors should determine otherwise.

    

    6.2           No
Right to SBC Assets.  Neither a Participant nor any other person shall
acquire by reason of the Plan any right in or title to any assets, funds or
property of any SBC company whatsoever including, without limiting the
generality of the foregoing, any specific funds or assets which SBC, in its sole
discretion, may set aside in anticipation of a liability hereunder, nor in or to
any policy or policies of insurance on the life of a Participant owned by
SBC.  No trust shall be created in connection with or by the execution
or adoption of this Plan or any Agreement, and any benefits which become payable
hereunder shall be paid from the general assets of SBC.  A Participant
shall have only a contractual right to the amounts, if any, payable hereunder
unsecured by any asset of SBC.

    

    6.3           Trust
Fund.  SBC shall be responsible for the payment of all benefits
provided under the Plan.  At its discretion, SBC may establish one or
more trusts, for the purpose of providing for the payment of such
benefits.  Such trust or trusts may be irrevocable, but the assets
thereof shall be subject to the claims of SBC's creditors.  To the
extent any benefits provided under the Plan are actually paid from any such
trust, SBC shall have no further obligation with respect thereto, but to the
extent not so paid, such benefits shall remain the obligation of, and shall be
paid by SBC.

    

    6.4           No
Employment Rights.  Nothing herein shall constitute a contract of
continuing employment or in any manner obligate any SBC company to continue the
service of a Participant, or obligate a Participant to continue in the service
of any SBC company and nothing herein shall be construed as fixing or regulating
the compensation paid to a Participant.

    

    6.5           Modification
or Termination of Plan.  This Plan may be modified or terminated at
any time in accordance with the provisions of SBC's Schedule of
Authorizations.  A modification may affect present and future Eligible
Employees.  SBC also reserves the sole right to terminate at any time
any or all Agreements.  In the event of termination of the Plan or of
a Participant's Agreement, a Participant shall be entitled to benefits
hereunder, if prior to the date of termination of the Plan or of his or her
Agreement, such Participant has attained 5 Years of Service, in which case,
regardless of the termination of the Plan/Participant's Agreement, such
Participant shall be entitled to benefits at such time as provided in and as
otherwise in accordance with the Plan and his or her Agreement, provided,
however, Participant's benefit shall be computed as if Participant had
terminated employment as of the date of termination of the Plan or of his or her
Agreement; provided further, however, Participant's service subsequent to
Plan/Agreement termination shall be recognized for purposes of reducing or
eliminating the Age discount provided for by Section 3.1(d).  No
amendment, including an amendment to this Section 6.5, shall be effective,
without the written consent of a Participant, to alter, to the detriment of such
Participant, the benefits described in this Plan as applicable to such
Participant as of the effective date of such amendment.  For purposes
of this Section 6.5, an alteration to the detriment of a Participant shall mean
a reduction in the amount payable hereunder to a Participant to which such
Participant would be entitled if such Participant terminated employment at such
time, or any change in the form of benefit payable hereunder to a Participant to
which such Participant would be entitled if such Participant terminated
employment at such time.  Any amendment which reduces Participant's
benefit hereunder to adjust for a change in his or her pension benefit resulting
from an amendment to any company-sponsored defined benefit pension plan which
changes the pension benefits payable to all employees, shall not require the
Participant's consent.  Written notice of any amendment shall be given
to each Participant.

    

    6.6           Offset.  If
at the time payments or installments of payments are to be made hereunder, a
Participant or his Beneficiary or both are indebted to any SBC company, then the
payments remaining to be made to the Participant or his Beneficiary or both may,
at the discretion of the Board of Directors, be reduced by the amount of such
indebtedness; provided, however, that an election by the Board of Directors not
to reduce any such payment of payments shall not constitute a waiver of such SBC
company's claim for such indebtedness.

    

    6.7           Change
in Status.  In the event of a change in the employment status of a
Participant to a status in which he is no longer an Eligible Employee, the
Participant shall immediately cease to be eligible for any benefits under this
Plan except such benefits as had previously vested.  Only
Participant's Years of Service and Earnings history prior to the change in his
employment status shall be taken into account for purposes of determining
Participant's vested benefits hereunder.

    

    7.           MISCELLANEOUS.

    

    7.1           Nonassignability.  Neither
a Participant nor any other person shall have any right to commute, sell,
assign, transfer, pledge, anticipate, mortgage or otherwise encumber, transfer,
hypothecate or convey in advance of actual receipt of the amounts, if any,
payable hereunder, or any part thereof, which are, and all rights to which are,
expressly declared to be unassignable and non-transferable.  No part
of the amounts payable shall, prior to actual payment, be subject to seizure or
sequestration for the payment of any debts, judgments, alimony or separate
maintenance owed by a Participant or any other person, nor be transferable by
operation of law in the event of a Participant's or any other person's
bankruptcy or insolvency.

    

    7.2           Non-Competition.  Notwithstanding
any other provision of this Plan, all benefits provided under the Plan with
respect to a Participant shall be forfeited and canceled in their entirety if
the Participant, without the consent of SBC and while employed by SBC or any
subsidiary thereof or within three (3) years after termination of such
employment, engages in competition with SBC or any subsidiary thereof or with
any business with which SBC or a subsidiary or affiliated company has a
substantial interest (collectively referred to herein as "Employer business")
and fails to cease and desist from engaging in said competitive activity within
120 days following receipt of written notice from SBC to Participant demanding
that Participant cease and desist from engaging in said competitive
activity.  For purposes of this Plan, engaging in competition with any
Employer business shall mean engaging by the Participant in any business or
activity in the same geographical market where the same or substantially similar
business or activity is being carried on as an Employer
business.  Such term shall not include owning a nonsubstantial
publicly traded interest as a shareholder in a business that competes with an
Employer business.  However, engaging in competition with an Employer
business shall include representing or providing consulting services to, or
being an employee of, any person or entity that is engaged in competition with
any Employer business or that takes a position adverse to any Employer business.
Accordingly, benefits shall not be provided under this Plan if, within the time
period and without the written consent specified, Participant either engages
directly in competitive activity or in any capacity in any location becomes
employed by, associated with, or renders service to any company, or parent or
affiliate thereof, or any subsidiary of any of them, if any of them is engaged
in competition with an Employer business, regardless of the position or duties
the Participant takes and regardless of whether or not the employing company, or
the company that Participant becomes associated with or renders service to, is
itself engaged in direct competition with an Employer business.

    

    7.3           Notice.  Any
notice required or permitted to be given to the Administrative Committee under
the Plan shall be sufficient if in writing and hand delivered, or sent by
certified mail, to the principal office of SBC, directed to the attention of the
Senior Vice President-Human Resources.  Any notice required or
permitted to be given to a Participant shall be sufficient if in writing and
hand delivered, or sent by certified mail, to Participant at Participant's last
known mailing address as reflected on the records of his or her employing
company.  Notice shall be deemed given as of the date of delivery or,
if delivery is made by mail, as of the date shown on the postmark or on the
receipt for certification.

    

    7.4           Validity.  In
the event any provision of this Plan is held invalid, void or unenforceable, the
same shall not affect, in any respect whatsoever, the validity of any other
provision of this plan.

    

    7.5           Applicable
Law.  This Plan shall be governed and construed in accordance with the
laws of the State of Texas to the extent not preempted by the Employee
Retirement Income Security Act of 1974, as amended, and regulations thereunder
("ERISA").

    

    7.6           Plan
Provisions in Effect Upon Termination of Employment.  The Plan
provisions in effect upon a Participant's termination of employment shall govern
the provision of benefits to such Participant.  Notwithstanding the
foregoing sentence, the benefits of a Participant whose Retirement occurred
prior to February 1, 1989, shall be subject to the provisions of Section 3.3
hereof.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    SBC
COMMUNICATIONS INC.

    PENSION
BENEFIT MAKE UP PLAN #1

    

    Effective:  January
1, 1995

    

    Revisions
Effective: December 1, 1998

    

    Section
1.                                         Purpose:  The
purpose of the SBC Communications Inc. ("SBC") Pension Benefit Make Up Plan #1
("Plan"), formerly named the SBC Pension Benefit Make Up Plan, is to recognize,
for pension computation purposes, certain compensation being excluded in the
determination of retirement benefits under SBC's qualified SBC Pension Benefit
Plan or other qualified pension plan(s) of any subsidiary of SBC ("Pension
Plan").  Recognition of such compensation by this Plan will make up
benefits to eligible employees that would otherwise be lost because such
compensation is not recognized in the determination of retirement benefits under
the Pension Plan.

    

    Section
2.                                         Background:  The
Omnibus budget Reconciliation Act of 1993 reduced the amount of annual
compensation recognized under the Pension Plan from $235,840 to $150,000 (as
indexed) effective for plan years beginning January 1, 1994, i.e., for pension
calculations using the January 1, 1989 to December 31, 1993 pay base averaging
period.  As a result, compensation in excess of $150,000 (as indexed)
may not be recognized in the determination of the Pension Plan's retirement
benefits.  Further, compensation paid pursuant to the SBC
Communications Inc. Short Term Incentive Plan ("STIP") is not recognized in the
determination of Pension Plan retirement benefits, but is recognized in the
determination of retirement benefits provided under the SBC Communications Inc.
Supplemental Retirement Income Plan ("SRIP").  Since 1994, newly
promoted senior managers have not been made eligible for SRIP benefits (SRIP
benefits have been limited to only officer level promotions).  As a
result, STIP compensation for newly promoted senior managers receiving such
compensation is not recognized in the determination of their retirement
benefits.  This is inconsistent with the treatment afforded all other
managers who have either their STIP award or TEAM award, as applicable,
recognized for purposes of determining their retirement
benefits.  Also, limiting the compensation of these newly promoted
senior managers and of other eligible managers that may be recognized for
purposes of determining retirement benefits to $150,000 (as indexed) is
inconsistent with other senior managers who are eligible for SRIP benefits and
other managers, respectively, whose recognizable compensation is not limited in
this manner.

    

    Finally, effective December 1, 1998,
the Plan is revised to modify its rules for making payouts.

    

    Section
3.                                         Eligibility:  Participation
in this Plan is limited to General Management level (i.e., former third/fourth
level) or above (or equivalent) Pension Plan participants in any subsidiary of
SBC, ("Subsidiary") who meet one or both of the following: (1) who are not
eligible for SRIP benefits and who receive a STIP award; (2) who are not
eligible for SRIP benefits and whose annual compensation exceeds the
compensation recognizable by the Pension Plan pursuant to Section 401 (a) (17)
of the Internal Revenue Code ("IRC"). Eligibility for this Plan shall be
interpreted in the broadest possible sense in order that this Plan can recognize
all base salary and annual incentive type awards, whenever earned, for the
purpose of making up any benefit that would otherwise be lost due to the fact
that the Pension Plan is unable to recognize any such compensation in
determining retirement benefits.

    

    Section
4.                                         Benefits/Payout
Alternatives:  The benefits payable pursuant to the Plan, hereinafter
the "Make Up Benefit", is equal to the amount that would be payable under the
Pension Plan determined without regard to the IRS Section 401(a)(17) limit and
without regard to deferrals under any SBC non-qualified plan, and including STIP
compensation as compensation recognized in the determination of benefits, less
the amount actually payable as a qualified plan benefit under the Pension Plan
(including Section 415 excess amounts), and less the amount payable as a Pension
Plan make up amount under any other non-qualified plan sponsored by SBC, other
than the SBC Mid Career Hire Plan (see Attachment for example
calculation).  If the benefit payable as a Pension Plan make up amount
under any other non-qualified plan is not payable in the same form and manner as
are pension payments from the Pension Plan, the reduction for such benefit shall
be based on the benefit that would have been payable under such other
non-qualified plan had it been payable in the same form and
manner.  If such form and manner is not available under such plan,
such reduction will be actuarially determined, based on factors in effect under
the Pension Plan for converting one optional form of benefit to
another.  The payment of the Make Up Benefit pursuant to this Plan
shall be made by the Subsidiary which last employed the eligible employee
entitled to benefits under this Plan.

    

    This Plan shall be applied with respect
to employees in active service on or after January 1, 1995.  The Plan
will provide Make Up Benefits to make up benefits for such persons that would
otherwise have been lost on or after January 1, 1994 resulting because of the
retroactive application of the IRC Section 401 (a) (17) limit.

    

    Notwithstanding the preceding
provisions of this Section, if all or a portion of the Make Up Benefit is paid
or becomes payable pursuant to the Pension Plan, SRIP, or any other
non-qualified plan, then such amount shall not be payable pursuant to this
Plan.

    

    Make Up Benefits under the Plan shall
be excluded in determining benefits under any pension, retirement, savings,
disability, death or other benefit plans of SBC or any Subsidiary, except where
required by law.

    

    All applicable federal, state and local
taxes required by law to be withheld shall be deducted from Make Up Benefits
paid under this Plan.

    

    If any overpayment is made by the Plan
for any reason, the Plan shall have the right to recover such
overpayment.  The participant shall cooperate fully with the Plan to
recover any overpayment and provide any necessary information and required
documents.  Any overpayments may be deducted from future benefits
payable to or on behalf of the participant from this or any other non-qualified
SBC plan.

    

    Payments of an individual's Make Up
Benefit shall be made coincident with and in the same form and manner as are
pension payments from the Pension Plan, i.e., such payments shall be made in the
same lump sum, single life or joint and survivor annuity form of payment as are
payments from the Pension Plan (including payments to the survivor annuitant in
the event of the participant's death) and shall be subject to any other
reductions applicable to the individual's Pension Plan payments.

    

    Notwithstanding the foregoing, if a
participant elects a lump sum payment from the Pension Plan and the present
value of the total of all non-qualified Pension Plan make up payments exceeds
$50,000, the Make Up Benefit will be paid in monthly installments over 10
years.  The monthly installment payments shall be calculated in the
same way that a financial institution would calculate the monthly payments for a
10-year fixed interest loan.  The interest rate used in the
calculations shall be equal to the Pension Plan's Interest Rate in effect on the
participant's Benefit Commencement Date for payments under the Pension
Plan.

    

    A participant may designate a
beneficiary(ies) to receive any remaining payments for which the participant has
the right to designate a beneficiary if the participant dies before all payments
are made.

    

    Section
5.                                         Administration:  The
Senior Executive Vice President-Human Resources ("SEVP-HR") or the SEVP-HR's
successor shall be the sole administrator of the Plan and will administer the
Plan, interpret, construe and apply its provisions in accordance with its
terms.  The SEVP-HR shall further establish, adopt or revise such
rules and regulations as the SEVP-HR may deem necessary or advisable for the
administration of the Plan. All decisions of the SEVP-HR shall be final and
binding.

    

    Section
6.                                         Small
Distribution:  Notwithstanding any other provision of this Plan, the
Subsidiary paying a Make Up Benefit to an individual hereunder may distribute
such benefit in the form of a lump sum distribution if the present value of such
distribution is less than $10,000 when such distribution would otherwise
commence.

    

    Section
7.                                         Loss
Of Eligibility:  In the event that any participant ceases to be an
eligible employee by reason of a change to an employment status which is not
eligible to participate in this Plan, such participant shall nevertheless
continue to be eligible to receive benefits under this Plan however, no
additional benefits shall be accrued under this Plan.  Notwithstanding
the preceding sentence of this Section, if a participant ceases to be eligible
for this Plan and becomes eligible to receive the equivalent of his/her Make Up
Benefit or a portion thereof pursuant to another non-qualified plan sponsored by
SBC, to the extent such Make Up Benefit is paid pursuant to such other plan, no
duplication of such payment shall be made pursuant to this Plan.

    

    Section
8.                                         Ineligible
Participant:  Notwithstanding any other provision of this Plan to the
contrary, if any participant in this Plan is determined not to be "in a select
group of management or highly compensated employees" within the meaning of the
Employee Retirement Income Security Act of 1974 ("ERISA"), as amended, or
regulations thereunder, such participant will not be eligible to continue to
participate in this Plan and shall receive an immediate lump sum distribution of
the Make Up Benefits payable pursuant to this Plan.  Such Make Up
Benefits shall be determined as though the participant had terminated employment
on the date such participant is deemed to be ineligible. Upon such payment, no
other distribution shall thereafter be payable under this Plan.

    

    Section
9.                                         Unsecured
General Creditor:  Participants and their beneficiaries, heirs,
successors and assigns shall have no legal or equitable rights, interest, or
claims in any property or assets of SBC or any Subsidiary.  No assets
shall be held under any trust for the benefit of employees, their beneficiaries,
heirs, successors, or assigns, or held in any way as collateral security for the
fulfilling of the obligations under this Plan.  Any and all of SBC's
or any Subsidiary's assets shall be, and remain, the general, unpledged,
unrestricted assets of SBC or any such Subsidiary.  SBC's or any
Subsidiary's obligation under the Plan shall be merely that of an unfunded and
unsecured promise of SBC or any such Subsidiary to distribute cash under the
Plan in the future.

    

    Section
10.                                         Nonassignability:  Neither
a participant nor any other person shall have any right to commute, sell,
assign, transfer, pledge, anticipate, mortgage, or otherwise encumber,
hypothecate or convey in advance of actual receipt, any part or all of the
amounts payable hereunder, which are and all rights to which are, expressly
declared to be nonassignable and nontransferable.  No such amounts
shall be subject to seizure or sequestration for the payment of any debts,
judgments, alimony or separation maintenance owed by a participant or any other
person, nor, be transferable by operation of law in the event of a participant's
or any other person's bankruptcy or insolvency.  Any such attempted
assignments to transfer shall be void.

    

    Section
11.                                         Employment
Not Guaranteed:  Nothing contained in this Plan nor any action taken
hereunder shall be constructed as a contract of employment or as giving any
employee any right to be retained in the employ of SBC or any
Subsidiary.

    

    Section
12.                                         Applicable
Law:  This Plan shall be governed by and interpreted in accordance
with ERISA.  Further, the Plan shall be construed, administered, and
enforced according to the applicable laws of the State of Texas to the extent
such laws are not preempted by ERISA.  Nothing herein shall be
construed as waiving any preemption of the application of state law to the Plan
to the extent such preemption is provided under ERISA.

    

    Section
13.                                         Amendment:  The
Plan may at any time be amended or terminated in accordance with the provisions
of SBC's Schedule of Authorizations , but such changes or termination shall not
adversely effect the rights of any eligible employee, without his or her written
consent, to any Make Up Benefit payable under the Plan to which such employee
may have previously become entitled prior to the effective date of such change
or termination.

    

    Section
14.                                         Beneficiary(ies):  The
SBC Rules for Employee Beneficiary Designations as may hereafter be amended from
time to time ("Rules"), which Rules are incorporated herein by this reference,
shall apply hereunder to the extent that a participant shall have the right to
designate a beneficiary to receive any benefits hereunder.  For
purposes of this Plan, "beneficiary" shall thus mean any beneficiary or
beneficiaries designated by the participant pursuant to the Rules, or otherwise
determined pursuant to such Rules if the participant fails to designate a
beneficiary.

    

    Section
15.                                         Special
Increases:  Notwithstanding any other provisions of this Plan to the
contrary, at any time that a Pension Plan is amended to provide for an ad hoc
increase in the monthly pension amount then payable under that Pension Plan to a
participant or beneficiary hereunder, then the same percentage increase shall
apply to this Plan's benefit amount then being paid in the form of a monthly
single life annuity, monthly joint and survivor annuity, or monthly survivor
annuity.

    

    PENSION BENEFIT MAKE UP PLAN
#1

    

    EXAMPLE BENEFIT
CALCULATION

    

    Employee:                                            John
Doe

    Retirement
Date:                                 July
1, 1999

    Years
Service:                                      30

    Current
Base
Salary:                           $181,000

    Short
Term  (STIP)
Award:                $ 
46,000

    

    $
8,263  QUALIFIED PENSION-Maximum Potential monthly benefit determined
AS IF

    1) no non-qualified plan
deferrals

    2) all STIP awards
included

    3) no $150,000 (as indexed)
compensation limit

    

    less  $
4,507  QUALIFIED PENSION-Actual monthly benefit determined
by

    1) excluding non-qualified plan
deferrals

    2) excluding STIP awards

            3)
excluding compensation in excess of $150,000 (as indexed) compensation
limit

    

    less  $
1,698  NON-QUALIFIED DEFERRAL PLAN(S)- Actual monthly amount received
as a Pension Plan make up benefit

    

    equals   $
2,058  PENSION BENEFIT MAKE UP PLAN - Actual monthly Make Up
Benefit

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    SBC
Communications Inc.

    

    

    SUPPLEMENTAL
LIFE INSURANCE PLAN

    

    Effective:  January
1, 1986

    

    Revisions
Effective:  September 29, 2000

    

    1.  Purpose.  The
purpose of the Supplemental Life Insurance Plan ("Plan") is to allow for
provision of additional survivor benefits for Eligible Employees.

    

    2.  Definitions.  For
purposes of this Plan, the following words and phrases shall have the meanings
indicated, unless the context clearly indicates otherwise:

    

    ANNUAL
BASE SALARY OR ANNUAL SALARY OR SALARY.  "Annual Base Salary" or
"Annual Salary" or "Salary" shall mean an Eligible Employee's annual base salary
rate determined by SBC, excluding (1) all differentials regarded as temporary or
extra payments and (2) all payments and incentive awards and distributions made
either as a long term award or as a short term award; and such Salary shall be
as before reduction due to any contribution pursuant to any deferred
compensation plan or agreement provided by SBC, including but not limited to
compensation deferred in accordance with Section 401(k) of the Internal Revenue
Code. Annual Salary or Salary shall mean an annualized amount determined from an
Eligible Employee's Annual Base Salary rate.

    

    BENEFICIARY.  "BENEFICIARY"
shall mean any beneficiary or beneficiaries designated by the Eligible Employee
pursuant to the SBC Rules for Employee Beneficiary Designations as may hereafter
be amended from time-to-time ("Rules").

    

    CHAIRMAN.  "Chairman"
shall mean the Chairman of the Board of SBC Communications Inc.

    

    COMMITTEE.  "Committee"
shall mean the Human Resources Committee of the Board of SBC Communications
Inc.

    

    ELIGIBLE
EMPLOYEE.  "Eligible Employee" shall mean an Officer or a non-Officer
employee of any SBC company who is designated by the Chairman as eligible to
participate in the Plan.

    

    INSURANCE
CONTRACT.  "Insurance Contract" shall mean a contract(s) of life
insurance insuring the life of the Eligible Employee entered into by
SBC.

    

    OFFICER.  "Officer"
shall mean an individual who is designated by the Chairman as eligible to
participate in the Plan who is an elected officer of SBC or of any SBC
subsidiary (direct or indirect).

    

    RETIREMENT.  "Retirement"
shall mean the termination of an Eligible Employee's employment with SBC or any
of its subsidiaries, for reasons other than death, on or after the earlier of
the following dates: (1) the date the Eligible Employee is Retirement Eligible
as term is defined in the SBC Supplemental Retirement Income Plan ("SRIP"); or
(2) the date the Eligible Employee has attained one of the following
combinations of age and service at termination of employment on or after April
1, 1997, except as otherwise indicated below:

    

    Net Credited
Service                                                      Age

    10 years or
more                                                      65
or older

    20 years or
more                                                      55
or older

    25 years or
more                                                      50
or older

    30 years or
more                                                      Any
age

    

    

    With respect to an Eligible Employee
who is granted an EMP Service Pension under and pursuant to the provisions of
the SBC Pension Benefit Plan - Nonbargained Program ("SBCPBP") upon
termination of Employment, the term  Retirement" shall include such
Eligible Employee's termination of employment.

    

    TERMINATION
UNDER EPR.  In determining whether an Eligible Employee's termination
of employment under the Enhanced Pension and Retirement Program ("EPR") is a
Retirement for purposes of this Plan, five years shall be added to each of age
and net credited service ("NCS").  If with such additional age and
years of service, (1) an Eligible Employee upon such termination of employment
under EPR is Retirement Eligible according to the SBC Supplemental Retirement
Income Plan ("SRIP") or (2) the Eligible Employee upon such termination of
employment under EPR has attained one of the following combinations of age and
service,

    

    Actual NCS + 5
Years                                             Actual Age + 5
Years

    10 years or
more                                                      65
or older

    20 years or
more                                                      55
or older

    25 years or
more                                                      50
or older

    30 years or
more                                                      Any
age

    

    then such
termination of employment shall be a Retirement for all purposes under this Plan
and the Eligible Employee shall be entitled to the treatment under this Plan
afforded in the case of a termination of employment which is a
Retirement.

    

    SBC.  "SBC"
shall mean SBC Communications Inc.

    

    3.           Eligibility.  Each
Eligible Employee shall be eligible to participate in the Plan

    

    4.           Pre-Retirement
Benefits and Post-Retirement Benefits.

    

    Basic
Death Benefit

    

    While this plan is in effect, the
Beneficiary who is designated by the Eligible Employee shall be entitled to
receive as a Basic Death Benefit from the proceeds of the Insurance Contract an
amount equal to the result of multiplying the Eligible Employee's Annual Salary
rounded to the next higher $1,000 by the following amounts:

    

    Chief Executive
Officer                                                                                               3

    Direct Reporting Officer as such
term                                                                      2

    is defined in SBC's Schedule of
Authorizations

    Other Eligible
Employees                                                                                            1

    

    This amount shall be reduced (but not
below zero) by any amount payable under any group term life insurance covering
the Eligible Employee which is maintained by SBC, which amount of group term
life insurance will be limited to a maximum of $50,000.

    

    The amount of Basic Death Benefit
payable hereunder will automatically increase if pay increases.

    

    At Retirement, the pre-retirement
benefit converts to a post-retirement benefit. This benefit is equal to one
times Salary rounded to the next higher $1,000 (at the time of retirement) and
shall be reduced (but not below zero) by any amount payable under any group term
life insurance covering the Eligible Employee which is maintained by SBC, which
amount of group term life insurance will be limited to a maximum of $50,000;
provided, however, for an executive who first becomes a Plan participant on or
after January 1, 1998, this post-retirement death benefit shall be reduced by
10% of its original post-retirement amount each year for five years beginning at
the later of the date the Eligible Employee attains age 65 or
Retirement.

    

    Optional
Supplementary Benefit

    

    Subject to the limitations in the
remaining paragraphs in this section describing optional supplementary benefits,
each Eligible Employee may also purchase optional supplementary pre-retirement
life insurance coverage from SBC in an amount equal to one times the Eligible
Employee's Annual Salary rounded to the next higher $1,000, and an additional
amount of such insurance in an amount equal to another one times such amount
(for a total of two times the Annual Salary rounded to the next higher $1,000),
which insurance shall be payable from the proceeds of the Insurance Contract.
Each such amount of insurance ("one times salary") continued until such employee
reaches age 65, by continuing to contribute for it, shall entitle the
beneficiary under the Insurance Contract to receive an amount from the proceeds
of such Insurance Contract equal to one times the Eligible Employee's final
Annual Salary rounded to the next higher $1,000, when such Eligible Employee
dies after Retirement.

    

    To elect this optional supplementary
coverage, the Eligible Employee must complete an enrollment form on which he or
she specifies the amount of coverage he or she wishes to purchase and authorizes
his or her employing company to deduct his or her contributions for coverage
from his or her salary.

    

    An Eligible Employee may not elect this
coverage while receiving disability benefits under any Company disability
benefit plan.

    

    An Eligible Employee must make his or
her election to purchase optional supplementary coverage within three calendar
months of being declared eligible to participate in the Plan; except any
Eligible Employee who was declared an Eligible Employee before October 1, 1997,
shall have until December 31, 1997 to enroll for such optional supplementary
coverage or to increase such coverage.

    

    The optional supplementary life
insurance is effective upon SBC's binding of life insurance coverage for the
Eligible Employee pursuant to an Insurance Contract.

    

    Effective January 1, 1998, once an
Eligible Employee enrolls for optional supplementary coverage, he or she can
later decrease or terminate such coverage but never increase or reinstate such
coverage.

    

    Regardless of the amount of coverage
elected, the amount in force will automatically increase if Salary
increases.  The cost for this coverage will increase
accordingly.

    

    This optional supplementary life
insurance is paid for on a contributory basis by those Eligible Employees who
enroll in the coverage.  The cost of coverage, and therefore, how much
an Eligible Employee contributes, depends on age and the amount of coverage and
shall be as determined by SBC.  There will be no periodic waiver of
premium payments.

    

    In the event of death, the Eligible
Employee's optional supplementary life insurance benefit will be paid to the
Eligible Employee's Beneficiary or Beneficiaries in a lump sum, unless the
Salary Continuation Death Benefit form of payment was elected on the Eligible
Employee's enrollment form.  The option to elect other than a lump sum
payment is limited to an Eligible Employee who became an Eligible Employee on or
before January 1, 1998.  If the Eligible Employee has no surviving
beneficiaries, the benefit will be paid in a lump sum in accordance with the
Rules.

    

    The optional supplementary life
insurance coverage hereunder will automatically continue while an Eligible
Employee is receiving disability benefits under any SBC disability benefit plan,
provided the Eligible Employee continues his or her contributions.  If
an Eligible Employee terminates employment with SBC or any of its subsidiaries
for any reason other than Retirement, this coverage will stop at the end of the
month of termination; provided, however, Eligible Employees who are 65 at the
time of their termination will continue to have non-contributory unreduced
coverage after age 65.

    

    

    Alternate
Death Benefit

    

    Alternate death benefit coverage shall
only be available to an Eligible Employee who became an Eligible Employee before
January 1, 1998.  Such Eligible Employees shall be entitled to elect
to receive alternate death benefit life insurance coverage; provided such
election is made before January 1, 1998.

    

    Under such coverage, an Eligible
Employee's Beneficiary or Beneficiaries will be entitled to receive from the
proceeds of the Insurance Contract a payment equal to the Eligible Employee's
final Annual Salary upon his or her death.  This benefit will not be
rounded to the next higher $1,000.  The amount of insurance in force
will automatically increase if salary increases.  Coverage applies to
death from any cause, except with respect to an on-the-job accident for which an
Eligible Employee is protected while an active employee by any Accident Death
Benefit feature of the SBCPBP.

    

    By enrolling in this coverage, an
Eligible Employee automatically waives his or her eligibility for any Sickness
Death Benefit and Pensioner Death Benefits otherwise payable under the
SBCPBP.

    

    The coverage provided by the alternate
death benefit life insurance coverage will continue after
Retirement.

    

    To elect this coverage, an Eligible
Employee must complete an irrevocable enrollment and waiver form.

    

    SBC pays the full cost of the alternate
death benefit life insurance coverage.

    

    The insurance benefit provided under
this alternate death benefit life insurance will be paid in a lump sum, unless
otherwise elected on the Eligible Employee's enrollment form.

    

    Alternate death benefit coverage ceases
upon an Eligible Employee's Termination of Employment other than a
Retirement.  This alternate death benefit life insurance may not be
converted to an individual policy.

    

    Salary
Continuation Death Benefit.

    

    The salary continuation death benefit
shall only be available under the conditions specified hereunder, to an Eligible
Employee who became an Eligible Employee before January 1, 1998.

    

    By a written election filed with SBC
before January 1, 1998, an Eligible Employee may terminate his or her rights to
a Basic Death Benefit and/or to Optional Supplementary Coverage (if any) and/or
to an Alternate Death Benefit (if any).

    

    If such an election is filed, and the
Eligible Employee dies on or after the first day of the calendar year following
the year in which such election is filed and prior to the termination of
coverage pursuant to Section 7, the Eligible Employee's Beneficiary or
Beneficiaries theretofore named shall be paid by SBC an amount per annum for ten
(10) years which amounts, in the aggregate, have a net present value, using an
eleven percent (11%) discount rate, equal to one hundred eight-five percent
(185%) of the (i) Basic Death Benefit amount and/or (ii) the amount elected as
Optional Supplementary coverage(if any) and/or (iii) the amount elected as an
Alternate Death Benefit (if any) which would be payable to his or her
Beneficiary or Beneficiaries as of the date of the Eligible Employee's death,
and no other benefit shall be payable hereunder as either a Basic Death Benefit,
Optional Supplementary Coverage or Alternate Death Benefit.  Such
payment(s) shall commence no later than sixty (60) days following the date of
the Eligible Employee's death.

    

    On or after January 1, 1998, an
Eligible Employee who has elected death benefits in the form of salary
continuation pursuant to this Section may cancel such election and have his or
her Beneficiaries receive death benefits as insurance in a lump-sum but, an
Eligible Employee who cancels his or her salary continuation election may not
thereafter re-elect such option.

    

    Survivor
Annuity Equivalent

    

    Additionally, each Eligible Employee
who is not eligible for the Immediate Automatic Pre-retirement Survivor Annuity
of the SBCPBP (or equivalent thereof) shall be eligible hereunder for a Survivor
Annuity Equivalent benefit of one times salary payable to the surviving spouse
of such Eligible Employee.  Such benefit shall be paid as follows: an
amount per annum for ten (10) years shall be paid to the Eligible Employee's
surviving spouse which amounts, in the aggregate, shall have a net present
value, using an eleven percent (11%) discount rate, equal to one hundred
eighty-five percent (185%) of one times the Eligible Employee's salary at the
time of his or her death; provided, however, no such Survivor Annuity Equivalent
payments will be made on or after the date of death of the surviving spouse.
Such payments shall commence no later than sixty (60) days following the date of
the Eligible Employee's death.

    

    For the purposes of the Survivor
Annuity Equivalent, the Eligible Employee's surviving spouse means a spouse
legally married to the Eligible Employee at the time of the Eligible Employee's
death.

    

    Eligibility for the Survivor Annuity
Equivalent shall automatically cease on the date of termination of the Eligible
Employee's employment.  If the Eligible Employee becomes totally
disabled prior to Retirement, the Eligible Employee shall continue to be
eligible for the Survivor Annuity Equivalent until the expiration of disability
benefits.  If the Eligible Employee is granted a leave of absence,
other than for military service of more than four weeks, the Eligible Employee
shall continue to be eligible for the Survivor Annuity Equivalent during such
leave of absence.

    

    The Eligible Employee shall cease to be
eligible for the Survivor Annuity Equivalent at the conclusion of the day
immediately preceding the date the Eligible Employee becomes eligible for the
Immediate Automatic Pre-retirement Survivor Annuity of the SBCPBP.

    

    5.           Incidents
of Ownership.  SBC will be the owner and hold all the incidents of
ownership in the Insurance Contract, including the right to dividends, if
paid.  The Eligible Employee may specify in writing to SBC, the
Beneficiary or Beneficiaries and the mode of payment for any death proceeds not
in excess of the amounts payable under this Plan.  Upon receipt of a
written request from the Eligible Employee, SBC will immediately take such
action as shall be necessary to implement such Beneficiary
appointment.  Any balance of proceeds from the Insurance Contract not
paid as either a Basic Death Benefit or otherwise pursuant to the Plan shall be
paid to SBC.

    

    6.           Premiums.  All
premiums due on the Insurance Contract shall be paid by SBC.  However,
the Eligible Employee agrees to reimburse SBC by January 31 following the date
of each premium payment in an amount such that, for Federal Income Tax purposes
the reimbursement for each year is equal to the amount which would be required
to be included in the Eligible Employee's income for Federal Income Tax purposes
by reasons of the "economic benefit" of the Insurance Contract provided by SBC;
provided, however, that SBC, in its sole discretion, may decline to accept any
such reimbursement and require the inclusion of such "economic benefit" in the
Eligible Employee's income.  In its discretion SBC may deduct the
Eligible Employee's portion of the premiums from the Eligible Employee's
pay.

    

    7.           Termination
of Coverage.  An Eligible Employee's coverage under this Plan shall
terminate immediately when the Eligible Employee realizes an "Event of
Termination" which shall mean any of the following:

    

    (a)           Termination
of an Eligible Employee's employment with his or her employing company for any
reason other than (i) death, (ii) Disability as such term is defined in the
SRIP, or (iii) Retirement.

    

    (b)           In
the case of an Eligible Employee who terminates employment by reason of a
disability but who does not realize an Event of Termination because of Section
7a(ii) above, a termination of the Eligible Employee's total Disability that is
not accompanied by either a return to employment with his or her employing
company or the Eligible Employee's death or Retirement.

    

    (c)           Except
in the case of an Eligible Employee who has theretofore terminated employment
for a reason described in Section 7a(ii) or (iii) above, SBC elects to terminate
the Eligible Employee's coverage under the Plan by a written notice to that
effect given to the Eligible Employee.  SBC shall have no right to
amend the Plan or terminate the Eligible Employee's coverage under the Plan with
respect to an Eligible Employee who has theretofore terminated employment for a
reason described in Section 7a(ii) or (iii) above without the written consent of
the Eligible Employee.

    

    8.           Non-Competition.  Notwithstanding
any other provision of this Plan, no coverage shall be provided under this Plan
with respect to any Eligible Employee who shall, without the written consent of
SBC, and while employed by SBC or any subsidiary thereof, or within three (3)
years after termination of employment from SBC or any subsidiary thereof, engage
in competition with SBC or any subsidiary thereof or with any business with
which a subsidiary of SBC or an affiliated company has a substantial interest
(collectively referred to herein as "Employer business").  For
purposes of this Plan, engaging in competition with any Employer business shall
mean engaging by Eligible Employee in any business or activity in the same
geographical market where the same or substantially similar business or activity
is being carried on as an Employer business.  Such term shall not
include owning a nonsubstantial publicly traded interest as a shareholder in a
business that competes with an Employer business.  However, engaging
in competition with an Employer business shall include representing or providing
consulting services to, or being an employee of, any person or entity that is
engaged in competition with any Employer business or that takes a position
adverse to any Employer business.  Accordingly, coverage shall not be
provided under this Plan if, within the time period and without the written
consent specified, Eligible Employee either engages directly in competitive
activity or in any capacity in any location becomes employed by, associated
with, or renders service to any company, or parent or affiliate thereof, or any
subsidiary of any of them, if any of them is engaged in competition with an
Employer business, regardless of the position or duties the Eligible Employee
takes and regardless of whether or not the employing company, or the company
that Eligible Employee becomes associated with or renders service to, is itself
engaged in direct competition with an Employer business.

    

    9.           Restriction
on Assignment.  The Eligible Employee may assign all or any part of
his or her right, title, claim, interest, benefits and all other incidents of
ownership which he or she may have in the Insurance Contract to any other
individual or trustee, provided that any such assignment shall be subject to the
terms of this Plan; except neither the Eligible Employee nor any other person
shall have any right to commute, sell, assign, transfer, pledge, anticipate,
mortgage or otherwise encumber, transfer, hypothecate or convey in advance of
actual receipt the amounts, if any, payable as a Salary Continuation Death
Benefit hereunder, which are, and all rights to which are, expressly declared to
be unassignable and non-transferable.  No part of the amounts payable
as a Salary Continuation Death Benefit hereunder shall, prior to actual payment,
be subject to seizure or sequestration for the payment of any debts, judgments,
alimony or separate maintenance owed by the Eligible Employee or any other
person, nor be transferable by operation of law in the event of the Eligible
Employee's or any other person's bankruptcy or insolvency.  Except as
provided in this Section 8, no assignment or alienation of any benefits under
the Plan will be permitted or recognized.

    

    10.           Unsecured
General Creditor.  Except to the extent of rights with respect to the
Insurance Contract in the absence of an election to receive benefits in Salary
Continuation Death Benefit form, the Eligible Employee and his or her
Beneficiaries, heirs, successors and assigns shall have no legal or equitable
rights, interest or claims in any property or assets of SBC, nor shall they be
beneficiaries, or have any rights, claims or interests in, any life insurance
policies, annuity contracts or the proceeds there from owned or which may be
acquired by SBC ("Policies"); such Policies or other assets of SBC shall not be
held under any trust for the benefit of the Eligible Employee, his or her
designated beneficiaries, heirs, successors or assigns, or held in any way as
collateral security for the fulfilling of the obligations of SBC under this
Agreement; any and all of SBC's assets and Policies shall be, and remain, the
general, unpledged, unrestricted assets of SBC; SBC shall have no obligation to
acquire any Policies or any other assets; and SBC's obligations under this
Agreement shall be merely that of an unfunded and unsecured promise of SBC to
pay money in the future.

    

    11.           Employment
Not Guaranteed.  Nothing contained in this Plan nor any action taken
hereunder shall be construed as a contract of employment or as giving the
Eligible Employee any right to be retained in the employ of any SBC
company.

    

    12.           Protective
Provisions.  The Eligible Employee will cooperate with SBC by
furnishing any and all information requested by SBC, in order to facilitate the
payment of benefits hereunder, taking such physical examinations as SBC may deem
necessary and taking such other relevant action as may be requested by SBC, in
order to facilitate the payment of benefits hereunder.  If the
Eligible Employee refuses so to cooperate, the Eligible Employee's participation
in the Plan shall terminate and SBC shall have no further obligation to the
Eligible Employee or his or her designated Beneficiary hereunder.  If
the Eligible Employee commits suicide during the two-year period beginning on
the date of eligibility under the Plan, or if the Eligible Employee makes any
material misstatement of information or nondisclosure of medical history, then
no benefits will be payable by reason of this Plan to the Eligible Employee or
his or her designated Beneficiary, or in SBC's sole discretion, benefits may be
payable in a reduced amount.

    

    13.           Change
in Status.  In the event of a change in the employment status of an
Eligible Employee to a status in which he or she is no longer an Eligible
Employee under the Plan, such Eligible Employee shall immediately cease to be
eligible for any benefits under this Plan; provided, however, such survivor
benefits as would be available to such employee by reason of his or her new
status but which do not automatically become effective upon attainment of such
new status shall continue to be provided under this Plan until such benefits
become effective or until such employee has had reasonable opportunity to
effectuate such benefits but has failed to take any requisite action necessary
for such benefits to become effective.

    

    14.           Named
Fiduciary.  If this Plan is subject to the Employee Retirement Income
Security Act of 1974 (ERISA), SBC is the "named fiduciary" of the
Plan.

    

    15.           Applicable
Law.  This Plan and the rights and obligations hereunder shall be
governed by and construed in accordance with the laws of the State of Texas to
the extent such law is not preempted by ERISA.

    

    16.           Administration
of the Plan.  The Committee shall be the sole administrator of the
Plan and will administer the Plan, interpret, construe and apply its provisions
in accordance with its terms.  The Committee shall further establish,
adopt or revise such rules and regulations as it may deem necessary or advisable
for the administration of the Plan.  All decisions of the Committee
shall be binding.

    

    17.           Relation
to Prior Plans.  This Plan supersedes and replaces prior Senior
Management Survivor Benefit, Senior Management Supplementary Life Insurance, and
Senior Management Alternate Death Benefit Life Insurance Plans as in effect
prior to January 1, 1986, except such plans shall continue to apply to Eligible
Employees who retired before January 1, 1986; provided, however, that with
respect to those Eligible Employees who retired during calendar year 1986 by
reason of the fact of attaining age 65, the Post-Retirement Benefit provided
pursuant to the Senior Management Survivor Benefit Plan as in effect prior to
January 1, 1986, shall continue to apply and the post-retirement benefit
provided under the Basic Death Benefit portion hereof shall not
apply.

    

    18.           Amendments
and Termination.  This Plan may be modified or terminated at any time
in accordance with the provisions of SBC's Schedule of Authorizations. A
modification or Plan termination may affect present and future Eligible
Employees; provided, however, that no modification shall be made to this Plan
with respect to an Eligible Employee who terminates employment for reason of
disability or Retirement), nor shall a termination of the Plan operate so as to
be applicable to such an individual, without the written consent of the Eligible
Employee.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    SBC
Communications Inc.

    

    

    SALARY
AND INCENTIVE AWARD DEFERRAL PLAN

    

    Effective:  January
1, 1984

    

    As
amended through September 29, 2000

    

    

    ARTICLE 1
- STATEMENT OF PURPOSE

    

    The purpose of the Salary and Incentive
Award Deferral Plan ("Plan") is to provide a select group of management
employees consisting of Eligible Employees of SBC Communications Inc. ("SBC" or
the "Company") and its Subsidiaries with a means for deferring the receipt of
income.

    

    ARTICLE 2
- DEFINITIONS

    

    For the purposes of this Plan, the
following words and phrases shall have the meanings indicated, unless the
context indicates otherwise:

    

    BASE
COMPENSATION.  The following types of cash-based compensation, in each
case as determined by SBC, paid by an Employer (but not including payments made
by a non-Employer, such as state disability payments), before reduction due to
any contribution pursuant to this Plan or reduction pursuant to any deferral
plan of an Employer, including but not limited to a plan that includes a
qualified cash or deferral arrangement under Section 401(k) of the Internal
Revenue Code, as amended ("Code"):

    

                          (a)           annual
base salary.

    

    Payments by an Employer under a
Disability plan made in lieu of any compensation described in (a) above, shall
be deemed to be a part of the compensation it replaces for purposes of this
definition.  Base Compensation does not include the TEAM Award (the
annual award determined to be the "Team Award" by SBC together with the
individual award determined by SBC to be the Individual Discretionary Award made
in connection therewith) or comparable awards, if any, determined by SBC to be
used in lieu of these awards, commissions or zone allowances or any other
geographical differential and shall not include payments made in lieu of unused
vacation or other paid days off, and such payments shall not be contributed to
this Plan.

    

    BUSINESS
DAY.  Any day during regular business hours that SBC is open for
business.

    

    CHAIRMAN.  The
Chairman of the Board of Directors of SBC Communications Inc.

    

    COMMITTEE.  The
Human Resources Committee of the Board of Directors of SBC Communications
Inc.

    

    DECLARED
RATE.  The interest rate for each calendar year as determined by the
Senior Executive Vice President-Human Resources, with the concurrence of the
Senior Executive Vice President, Chief Financial Officer and Treasurer and
announced on or before January 1 of the applicable calendar
year.  However, in no event will the Declared Rate for any calendar be
less than the Moody's Corporate Bond Yield Average-Monthly Average Corporates as
published by Moody's Investor's Service, Inc. (or any successor thereto) for the
month of September before the calendar year in question, or, if such yield is no
longer published, a substantially similar average selected by the Senior
Executive Vice President-Human Resources or his or her successor.

    

    DISABILITY.  Absence
of an Employee from work with an Employer under the relevant Employer's
disability plan, not only while such Employee is deemed by the Employer to be an
Employee of such Employer.

    

    ELIGIBLE
EMPLOYEE.  An Employee who:

    

    (a)           is
a full time, salaried Employee of SBC or an Employer and who is on active duty,
Disability or Leave of Absence;

    

    (b)           is,
as determined by SBC, a member of Employer's "select group of management or
highly compensated employees" within the meaning of the Employment Retirement
Income Security Act of 1974, as amended, and regulations thereunder ("ERISA");
and

    

    (c)           is
(i) an Officer or (ii) a non-Officer Employee who has been approved by the
chairman to be eligible to participate in this Plan.

    

    Notwithstanding the foregoing, SBC may,
from time to time, exclude any Employee or group of Employees from being deemed
an "Eligible Employee" under this Plan.

    

    In the event a court or other
governmental authority determines that an individual was improperly excluded
from the class of persons who would be considered Eligible Employees during a
particular time for any reason, that individual shall not be an Eligible
Employee for purposes of the Plan for the period of time prior to such
determination.

    

    EMPLOYEE.  Any
person employed by an Employer, excluding persons hired for a fixed maximum term
and excluding persons who are neither citizens nor permanent residents of the
United States, all as determined by SBC.  For purposes of this Plan, a
person on Leave of Absence who otherwise would be an Employee shall be deemed to
be an Employee.

    

    EMPLOYER.  SBC
Communications Inc. or any of its Subsidiaries.

    

    EXECUTIVE
OFFICER.  A person identified as an "executive officer" of SBC in the
then most recent SBC Form 10-K containing such information that was filed with
the United States Securities and Exchange Commission or who subsequent to such
filing was notified by SBC's General Counsel to be an executive officer of
SBC.

    

    INCENTIVE
AWARD.  A cash award paid by an Employer (and not by a non-Employer,
such as state disability payments) as either a short term or long term award
under the Short Term Incentive Plan or the 1996 Stock and Incentive Plan the Key
Executive Officer Short Term Award paid under the 1996 Stock and Incentive Plan;
or any other award that the Committee designates as a short term or long term
incentive award specifically for purposes of this Plan (regardless of the
purpose of the award) including an award which would otherwise be paid in stock,
other than stock of SBC.

    

    LEAVE OF
ABSENCE.  Where a person is absent from employment with an Employer on
a formally granted leave of absence (i.e., the absence is with formal permission
in order to prevent a break in the continuity of term of employment, which
permission is granted (and not revoked) in conformity with the rules of the
Employer which employs the individual, as adopted from time to
time).  For purposes of this Plan, a Leave of Absence shall be deemed
to also include a transfer of a person to an entity by an Employer for a
rotational work assignment.  In the event a transfer to such an entity
lasts more than 5 years or the entity's rotational work assignment status is
canceled by SBC, it shall be deemed a Termination of Employment with the
Employer at that time for purposes of this Plan.  To be a rotational
work assignment, the Employer must have indicated in writing to the person that
the person was to be rehired by the Employer on termination of the rotational
work assignment.

    

    OFFICER.  An
individual who is designated as an officer level employee for salary purposes on
the records of SBC.

    

    PARTICIPANT.  An
Eligible Employee or former Eligible Employee who participates in this
Plan.

    

    PRE-TAX
ACCOUNT.  The account maintained on a pre-tax basis on the books of
account of SBC for each Participant.

    

    RETIREMENT
OR RETIRE.  The Termination of Employment for reasons other than
death, on or after the earlier of the following dates: (1) the date the Employee
is eligible to retire with an immediate pension pursuant to the SBC Supplemental
Retirement Income Plan ("SRIP"); or (2) the date the Employee has attained one
of the following combinations of age and service at Termination of Employment,
except as otherwise indicated below:

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    Net Credited
Service                                                               
Age

    10 years or
more                                                                       65
or older

    20 years or
more                                                                       55
or older

    25 years or
more                                                                       50
or older

    30 years or
more                                                                       Any
age

    

    With respect to an Employee who is
granted an EMP Service Pension under and pursuant to the provisions of the SBC
Pension Benefit Plan - Nonbargained Program upon Termination of Employment, the
term "Retirement" shall include such Employee's Termination of
Employment.

    

    SUBSIDIARY.  Any
corporation, partnership, venture or other entity in which SBC holds, directly
or indirectly, a 50% or greater ownership interest. SBC may, at its sole
discretion, designate any other corporation, partnership, venture or other
entity a Subsidiary for the purpose of participating in this Plan.

    

    TERMINATION
OF EMPLOYMENT.  References herein to "Termination of Employment,"
"Terminate Employment" or a similar reference, shall mean the event where the
Employee ceases to be an Employee of any Employer, including but not limited to
where the employing company ceases to be an Employer.

    

    TERMINATION
UNDER EPR.  In determining whether an Eligible Employee's termination
of employment under the Enhanced Pension and Retirement Program ("EPR") is a
Retirement for purposes of this Plan, five years shall be added to each of age
and net credited service ("NCS").  If with such additional age and
years of service, (1) an Eligible Employee upon such termination of employment
under EPR is Retirement Eligible according to the SBC Supplemental Retirement
Income Plan ("SRIP") or (2) the Eligible Employee upon such termination of
employment under EPR has attained one of the following combinations of age and
service,

    

    Actual NCS + 5
Years                                                      Actual Age + 5
Years

    10 years or
more                                                                       65
or older

    20 years or
more                                                                       55
or older

    25 years or
more                                                                       50
or older

    30 years or
more                                                                       Any
age

    

    then such
termination of employment shall be a Retirement for all purposes under this Plan
and the Eligible Employee shall be entitled to the treatment under this Plan
afforded in the case of a termination of employment which is a
Retirement.

    

    ARTICLE 3
- ADMINISTRATION OF THE PLAN

    

    The Committee shall be the
administrator of the Plan and will administer the Plan, interpret, construe and
apply its provisions in accordance with its terms. The Committee may further
establish, adopt or revise such rules and regulations as it may deem necessary
or advisable for the administration of the Plan.  References to
determinations or other actions by SBC, herein, shall mean actions authorized by
the Committee, the Chairman, the Senior Executive Vice President of SBC in
charge of Human Resources, or their respective successors or duly authorized
delegates, in each case in the discretion of such person; except that with
respect to Executive Officers, only the Committee may take such
action.  All decisions by SBC shall be final and binding.

    

    ARTICLE 4
- CONTRIBUTIONS

    

    4.1           ELECTION
TO MAKE CONTRIBUTIONS.

    

    (a)  An Eligible Employee may
elect to participate in the Plan through payroll deductions contributed to the
Plan as follows (such contributions to the Plan are "Employee
Contributions"):

    

    (i)  An
Eligible Employee may elect to contribute up to 50% (in whole percentage
increments) of his or her monthly Base Compensation, as the same may change from
time to time; provided, however, any Base Compensation deferral hereunder is
conditioned upon a 30% Base Compensation deferral election being in effect in
the Stock Savings Plan.

    

    (ii)  An
Eligible Employee may elect to contribute up to 100% (in whole percentage
increments or a specified dollar amount) of an Incentive Award.

    

    (b)  An
Eligible Employee may only make an election, change an election, or terminate an
election to make Employee Contributions as follows:

    

    (i)  An
Employee who is an Eligible Employee as of September 30 may make an election on
or prior to the last Business Day of the immediately following November with
respect to the contribution of Base Compensation and/or Incentive Awards paid on
or after the immediately following January 1.

    

    (ii)  An
Employee who was not an Eligible Employee as of September 30 but who is an
Eligible Employee the immediately following December 31 (or such later date
chosen by SBC, but not later than April 30) may make an election on or prior to
the last Business Day of the immediately following May with respect to the
contribution of Base Compensation and/or Incentive Awards paid on or after the
immediately following July 1.

    

    SBC may
refuse or terminate any election to make Employee Contributions at any
time.

    

    

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    4.2           CONTRIBUTIONS
TO PRE-TAX ACCOUNT; INTEREST/DIVIDENDS.

    

    (a)  Employee Contributions
shall be made solely pursuant to a proper election and only during the
Employee's lifetime and while the Employee remains an Eligible Employee (if the
Employee ceases to be an Eligible Employee, his or her election to make Employee
Contributions shall be cancelled); provided, however, Termination of Employment
of an Eligible Employee shall not constitute loss of eligibility solely with
respect to contribution of Base Compensation earned prior to termination but
paid within 60 days thereafter or with respect to an Incentive Award paid after
Retirement (and such person shall be deemed an Eligible Employee for such
contributions).

    

    (b)  Employee Contributions
shall be credited to the Participant's Pre-Tax Account in accordance with the
provisions of Section 4.2(e) shall bear interest at the applicable Declared Rate
on the balance from month-to-month in such account.  The interest will
be credited monthly to the account at one-twelfth of the annual Declared Rate
for that calendar year compounded quarterly.

    

    (c)  In addition, if the
Participant's account under the Bell System Senior Management Incentive Award
Deferral Plan ("Predecessor Plan") was transferred to this Plan as of January 1,
1984, the effective date of this Plan, then the Participant's Pre-Tax Account
under this Plan shall be credited as of such date with the amount credited to
the Participant's account under the Predecessor Plan as of December 31, 1983,
and such amount shall bear interest in accordance with the terms of this
Plan.

    

    (d)  Deferred amounts related
to Incentive Awards which would otherwise have been distributed in shares of
stock other than shares of common stock of SBC shall be credited to the
Participant's Pre-Tax Account as deferred shares.  The Participant's
Pre-Tax Account shall also be credited on each dividend payment date with an
amount equivalent to the dividend payable on the number of such shares equal to
the number of deferred shares in the Participant's Pre-Tax Account on the record
date for such dividend.  Such amount shall then be converted to a
number of additional deferred shares determined by dividing such amount by the
closing price of such shares on the New York Stock Exchange on such date, or if
not listed on such exchange, then on the principal market for such
shares.  If not traded on such exchange on such date, then the closing
price on the next preceding day the stock was so traded shall be
utilized.

    

    In the event of a merger,
reorganization, consolidation, recapitalization, separation, liquidation, stock
dividend, stock split, share combination, or stock dividend, stock split or
other change in the corporate structure of the issuer of stock described in the
preceding paragraph, affecting such stock, the Committee shall make an
adjustment to the number and class of shares of deferred stock, in its
discretion, to avoid any dilution or enlargement of rights.

    

    (e)  Contributions to the
Plan shall be deemed contributed when the compensation would have otherwise
actually been paid (using the "check date" of the payment or contribution) were
it not for an election under this Plan.  For example, a contribution
from a payment of Base Compensation, delayed for any reason, shall be deemed
contributed when the delayed payment is made.

    

    ARTICLE 5
- DISTRIBUTIONS

    

    5.1           DISTRIBUTIONS
FROM PRE-TAX ACCOUNT.

    (a)  Retirement.  Beginning
March 10 (or such other date as determined by SBC) of the first (1st) calendar
year following the calendar year of the Retirement of a Participant and on March
10 (or such other date as determined by SBC) of each of the successive 14
calendar years, SBC shall distribute to the Participant that portion of the
Participant's Pre-Tax Account that is equal to the total dollar amount of the
Participant's Pre-Tax Account (and/or number of deferred shares then held in the
Participant's Pre-Tax Account) divided by the number of remaining
installments.  Notwithstanding the foregoing, if the Participant
Retires prior to 2001, then any undistributed portion of the Participant's
Pre-Tax Account will be distributed in a lump sum on March 10 of the fifteenth
(15th) calendar year following the calendar year of the Retirement of the
Participant.

    

    (b)  Non-Retirement
Termination of Employment.  Beginning March 10 (or such other date as
determined by SBC) of the calendar year following the calendar year of
Termination of Employment which is not a Retirement and on March 10 (or such
other date as determined by SBC) of each of the successive 2 calendar years, SBC
shall distribute that portion of the Participant's Pre-Tax Account that is equal
to the total dollar amount of the Participant's Pre-Tax Account (and/or number
of deferred shares held in the Participant's Pre-Tax Account) divided by the
number of remaining installments.

    

    (c)  Death.  Notwithstanding
(a) or (b) above to the contrary, in the event of the death of a Participant,
any amounts remaining in the Participant's Pre-Tax Account (and/or number of
deferred shares then held in the Participant's Pre-Tax Account) shall be
promptly distributed to the Participant's beneficiary designated in accordance
with the SBC Rules for Employee Beneficiary Designations, as the same may be
amended from time to time ("Rules").  If no designation has been made
or if all designated beneficiaries predecease the Participant, the Participant's
Pre-Tax Account shall be distributed according to the Rules.

    

    Notwithstanding any other provision of
this Plan, if a surviving beneficiary of a Plan participant disclaims in whole
or in part, that beneficiary's interest or share in the distribution of the Plan
participant's Plan proceeds, and such disclaimer satisfies the requirements of
Section 2518(b) of the Internal Revenue Code (or any successor provision) and
any applicable state law, such disclaimer shall not constitute an assignment,
transfer or alienation by any method of such interest or share or proceeds and
the portion of such proceeds subject to such disclaimer shall be distributed as
if that beneficiary had predeceased the Plan participant.

    

    (d)  Discharge for Cause/Non
Competition.  Notwithstanding any other provision of this Plan to the
contrary, all amounts (including deferred shares) then credited to the
Participant's Pre-Tax Account shall be paid immediately in a single payment if a
Participant is discharged for cause by his or her Employer, or if a Participant
otherwise ceases to be employed by his or her Employer and engages in
competition with SBC or any direct or indirect Subsidiary thereof or with any
business with which a Subsidiary of SBC or an affiliated company has a
substantial interest (collectively referred to herein as an "Employer
Business"), or becomes employed by a governmental agency having jurisdiction
over the activities of SBC or any of its Subsidiaries.  For purposes
hereof, engaging in competition with any Employer business shall mean engaging
by the Participant in any business or activity in the same geographical market
where the same or substantially similar business or activity is being carried on
as an Employer business.  Such term shall not include owning a
nonsubstantial publicly traded interest as a shareholder in a business that
competes with an Employer business.  However, engaging in competition
with an Employer business shall include representing or providing consulting
services to, or being an employee of, any person or entity that is engaged in
competition with any Employer business or that takes a position adverse to any
Employer business in a judicial, regulatory, legislative or administrative
proceeding.  Further, engaging in competition with an Employer
business would result if the Participant either engages directly in competitive
activity or in any capacity in any location becomes employed by, associated
with, or renders service to any company, or parent or affiliate thereof, or any
subsidiary of any of them, if any of them is engaged in competition with an
Employer business, regardless of the position or duties the Participant takes
and regardless of whether or not the employing company, or the company that the
Participant becomes associated with or renders service to, is itself engaged in
direct competition with an Employer business.

    

    (e)  Deferred amounts held
pending distribution shall continue to be credited with interest or additional
deferred shares, as applicable, determined in accordance with Section 4.2(b) or
4.2 (d), as applicable.

    

    (f)  The obligation to make
distribution of deferred amounts credited to a Participant's Pre-Tax Account
during any calendar year, plus the additional amounts credited on such deferred
amounts pursuant to Section 4.2(b) or 4.2(d), as applicable, shall be borne by
SBC or the applicable Employer which otherwise would have paid the related award
currently.  However, the obligation to make distributions with respect
to deferred amounts which are related to amounts credited to a Participant's
Pre-Tax Account as of the effective date of the Plan pursuant to Section 4.2(c),
and with respect to which no SBC company would otherwise have paid the related
award currently, shall be borne by the Employer which employed the Participant
on the effective date of the Plan.

    

    (g)  For the purpose of this
Plan, a beneficiary designation like that described in Section 5.1(c) that was
made under the comparable provisions of the Predecessor Plan shall be considered
as a beneficiary designation made under Section 5.1(c).

    

    (h)  Notwithstanding the
other provisions of this Section 5.1 to the contrary, but subject to the
provisions of Section 5.2(b), a Participant who was a Participant on, and made
contributions to the Plan prior to, September 1, 2000, may request that receipt
of the cash portion of Participant's Pre-Tax Account be deferred to
Participant's death, or to be received earlier if accelerated in accordance with
the provisions of 5.2(a). Approval of such request shall be in SBC's sole
discretion.

    

    5.2           ACCELERATED
DISTRIBUTION.

    

    (a)  On or before the last
Business Day of a calendar year, a Participant may elect to receive a
distribution of all or a portion of the Participant's Pre-Tax
Account.  Such distribution shall be made March 10 (or such other date
as determined by SBC) of the immediately following calendar
year.  This distribution shall be in addition to the portion of the
Pre-Tax Account to be distributed at the same time under Section 5.1, which
distribution shall be calculated without regard to an election under this
section.

    

    (b)  In the event the
Participant Terminates Employment for reasons other than Retirement, SBC may, at
its sole discretion, accelerate the distribution of all or a portion of a
Participant's Pre-Tax Account to the date of SBC's choosing, without notice to,
or the consent of, the Participant.

    

    5.3           SMALL
DISTRIBUTION.

    

    Notwithstanding any election made by
the Participant, after the Termination of Employment of the Participant for any
reason, if at the time the total value of the Participant's Pre-Tax Account is
less than $10,000, SBC may, in its discretion, distribute all of such account in
the form of a lump sum distribution.

     

    5.4    DETERMINATION
BY INTERNAL REVENUE SERVICE.

     

    In the event that a final determination
shall be made by the Internal Revenue Service or any court of competent
jurisdiction that a Participant has recognized gross income for Federal income
tax purposes in excess of the portion of Participant's Pre-Tax Account actually
distributed by SBC, SBC shall promptly distribute to the Participant that
portion of Participant's Pre-Tax Account to which such additional gross income
is attributable.

     

    5.5    EMERGENCY
DISTRIBUTION.

     

    In the event that SBC, upon written
petition of the Participant, determines in its sole discretion that the
Participant has suffered an unforeseeable financial emergency, SBC shall
distribute to the Participant, as soon as practicable following such
determination, that portion of Participant's Pre-Tax Account determined by SBC
to meet the emergency (the "Emergency Distribution).  For purposes of
this Plan, an unforeseeable financial emergency is an unexpected need for cash
arising from an illness, casualty loss, sudden financial reversal, or other such
unforeseeable occurrence.  Cash needs arising from foreseeable events
such as the purchase of a house or education expenses for children shall not be
considered to be the result of an unforeseeable financial
emergency.  Upon such distribution, any election to make Employee
Contributions by such Participant shall be immediately cancelled, and the
Participant shall not be permitted to make a new election with respect to
Employee Contributions that would be contributed during the then current and
immediately following calendar year.

     

    5.6    INELIGIBLE
PARTICIPANT.

    Notwithstanding any other provisions of
this Plan to the contrary, if SBC receives an opinion from counsel selected by
SBC, or a final determination is made by a Federal, state or local government or
agency, acting within its scope of authority, to the effect that an individual
is not, or was not at the time of his or her making Employee Contributions to
this Plan, to be a member of Employer's "select group of management or highly
compensated employees" within the meaning of ERISA, then such person will not be
eligible to participate in this Plan and shall receive an immediate lump sum
distribution of the Participant's Pre-Tax Account.  Upon such payment
no other distribution shall thereafter be payable under this Plan either to the
individual or any beneficiary of the individual, except as provided under
Section 8.1 Additional Benefit.

    

    ARTICLE 6
- TRANSITION PROVISIONS

    

    The transition rules of this Article 6
shall supercede all other terms of this Plan.

     

    6.1    EFFECTIVE
DATES.

    Except as otherwise provided herein,
the amendments to this Plan made September 1, 2000 (the "2000 Amendments")
shall be effective September 1, 2000, and no election regarding the further
deferral of a distribution of contributions to this Plan may be made on or after
September 1, 2000.

    

    6.2           COMBINATION
OF EXISTING CONTRIBUTIONS.

    

    (a)  Effective January 1,
2001, all prior contributions made to the Plan by a Participant shall be
combined into Participant's single Pre-Tax Account.

    

    (b)  To the extent any
Participant who retires before 2001 would, were it not for the 2000 Amendments,
under valid elections made prior to September 1, 2000, receive a distribution
that would extend the Participant's distributions beyond 2015, then the
contributions so affected shall not be combined with other contributions and
shall be distributed in accordance with such
elections.  Notwithstanding the foregoing, the Participant may, with
the consent of SBC, elect to have all of Participant's contributions to the Plan
governed by this Plan as in effect after September 1, 2000.

    

    (c)  In the event a
Participant dies prior to 2001, the Participant's accounts shall not be combined
with and shall be distributed in accordance with the Plan as it existed
immediately prior to September 1, 2000.

    

    6.3           TERMINATION
OF ELECTIONS.

    

    (a)  Distributions from the
Plan that would be made in the year 2000 under the Plan as it existed
immediately prior to September 1, 2000, based on elections made before September
1, 2000, shall continue to be made in the year 2000 as provided in the Plan
immediately prior to September 1, 2000. All other distribution elections are
cancelled, including but not limited to distributions which have already
commenced, but only to the extent such elections call for distributions after
the year 2000.  All amounts (or shares) remaining undistributed after
such distributions shall be held and distributed in accordance with the terms of
the Plan as in effect after September 1, 2000.

    

    (b)  Contributions to the
Plan that would be made in the year 2000 under the Plan as it existed
immediately prior to September 1, 2000, based on elections made before September
1, 2000, shall continue to be made in the year 2000 as provided in the Plan
immediately prior to September 1, 2000. Elections to participate in the Plan
shall not automatically be renewed for the year 2001.  Each Eligible
Employee must make a new election after September 1, 2000, in order to make
Employee Contributions after 2000. Provided, however, valid elections made prior
to September 1, 2000, to contribute Incentive Awards in 2001 shall be valid
elections under this Plan.

     

    6.4    ANNUAL
BASE SALARY CONTRIBUTION TRANSITION.

    Annual base salary earned prior to
January 1, 2001, shall be contributed when earned, while annual base salary
earned on or after such date shall be contributed when paid. In order to avoid
any double contribution of annual base salary, that part of annual base salary
earned in the year 2000 shall not be included in any determination of
contributions to the Plan in a later calendar year, even though paid in such
calendar year.

    

    ARTICLE 7
- DISCONTINUATION, TERMINATION, AMENDMENT.

     

    7.1    SBC'S
RIGHT TO TERMINATE PLAN.

    The Committee may terminate the Plan at
any time.  Upon termination of the Plan, contributions shall no longer
be made under the Plan.

    

    After termination of the Plan,
Participants shall continue to earn interest/dividend equivalents and shall
continue to receive all distributions under this Plan at such time as provided
in and pursuant to the terms and conditions of this Plan at the time of the
Plan's termination.

    

    
      	
              7.2  

            	
              AMENDMENT.

            

    

    

    This Plan may be modified or terminated
at any time in accordance with the provisions of SBC's Schedule of
Authorizations; provided, however, that no amendment, including but not limited
to an amendment to this section, shall be effective, without the consent of a
Participant, to alter, to the material detriment of such Participant, the
distributions described in this Plan as applicable to the Participant or to
decrease such Participant's Pre-Tax Account.  For purposes of this
section, an alteration to the material detriment of a Participant shall mean a
material reduction in the period of time over which Participant's Pre-Tax
Account may be distributed to a Participant or a reduction in the amounts then
credited to a Participant's Pre-Tax Account.  Any such consent may be
in a writing, telecopy, or e-mail or in another electronic format.  An
election to make Employee Contributions and the failure to terminate an election
to make Employee Contributions when able to do so shall each be conclusively
deemed to be the consent of the Participant to any and all amendments to the
Plan prior to such election or failure to terminate an election, and such
consent shall be a condition to making any election with respect to Employee
Contributions.

    

    ARTICLE 8
- MISCELLANEOUS

     

    
      	
              8.1  

            	
              ADDITIONAL
      BENEFIT.

            

    

    

    The reduction of any benefit payable
under the SBC Pension Benefit Plan (or comparable plan identified by SBC as a
replacement therefore), which results from participation in this Plan, will be
restored as an additional benefit ("make-up piece") under this
Plan.  The Participant shall elect prior to commencement of payment of
the make-up piece whether to receive such benefit in cash in a lump sum
(consisting of the present value equivalent of the pension retirement benefit
(life annuity) make-up piece) or such benefit in an annuity form of
payment.  Notwithstanding the proceeding provisions of this section,
if all or a portion of the make-up piece is paid pursuant to SRIP or another
non-qualified plan, then such amount shall not be payable pursuant to this
Plan.

    

    
      	
              8.2  

            	
              TAX
      WITHHOLDING.

            

    

    

    Upon a distribution from Participant's
Pre-Tax Account, SBC shall withhold such amount (or shares) as determined by SBC
to satisfy the minimum amount of Federal, state, and local taxes required by law
to be withheld as a result of such distribution, or such greater amount as
specified by the Participant.

    

    
      	
              8.3  

            	
              ELECTIONS
      AND NOTICES.

            

    

    

    Notwithstanding anything to the
contrary contained in this Plan, all elections and notices of every kind shall
be made on forms prepared by SBC or made in such other manner as permitted or
required by SBC, including through electronic means, over the Internet or
otherwise.  An election shall be deemed made when received by SBC,
which may waive any defects in form.  Unless made irrevocable by the
electing person, each election with regard to making Employee Contributions or
distributions under the Plan shall become irrevocable at the close of business
on the last day to make such election. SBC may limit the time an election may be
made in advance of any deadline.

    

    Any notice or filing required or
permitted to be given to SBC under the Plan shall be delivered to the principal
office of SBC, directed to the attention of the Senior Executive Vice
President-Human Resources of SBC or his or her successor. Such notice shall be
deemed given on the date of delivery.

    

    Notice to the Participant shall be
deemed given when mailed (or sent by telecopy) to the Participant's work or home
address as shown on the records of SBC or, at the option of SBC, to the
Participant's e-mail address as shown on the records of SBC.  It is
the Participant's responsibility to ensure that the Participant's addresses are
kept up to date on the records of SBC.  In the case of notices
affecting multiple Participants, the notices may be given by general
distribution at the Participants' work locations.

    

    By participating in the Plan, each
Participant agrees that SBC may provide any documents required or permitted
under the Federal or state securities laws, including but not limited to the
Securities Act of 1933 and the Securities Exchange Act of 1934 by e-mail, by
e-mail attachment, or by notice by e-mail of electronic delivery through SBC's
Internet Web site or by other electronic means.

    

    
      	
              8.4  

            	
              UNSECURED
      GENERAL CREDITOR.

            

    

    

    Participants and their beneficiaries,
heirs, successors, and assigns shall have no legal or equitable rights,
interest, or claims in any property or assets of any Employer.  No
assets of any Employer shall be held under any trust for the benefit of
Participants, their beneficiaries, heirs, successors, or assigns, or held in any
way as collateral security for the fulfilling of the obligations of any Employer
under this Plan.  Any and all of each Employer's assets shall be, and
remain, the general, unpledged, unrestricted assets of such
Employer.  The only obligation of an Employer under the Plan shall be
merely that of an unfunded and unsecured promise of SBC to make distributions
under, and in accordance with the terms of, the Plan.

    

    
      	
              8.5  

            	
              OFFSET.

            

    

    

    SBC may offset against the amount (or
shares) otherwise distributable to a Participant, any amounts due an Employer by
a Participant, including but not limited to overpayments under any compensation
or benefit plans.

    

    
      	
              8.6  

            	
              NON-ASSIGNABILITY.

            

    

    

    Neither a Participant nor any other
person shall have any right to commute, sell, assign, transfer, pledge,
anticipate, mortgage, or otherwise encumber, transfer, hypothecate or convey in
advance of actual receipt, any amounts (or shares) distributable under the Plan,
or any part thereof, which are, and all rights to which are, expressly declared
to be unassignable and non-transferable.  No part of the amount (or
shares) distributable shall, prior to actual distribution, be subject to seizure
or sequestration for the payment of any debts, judgments, alimony or separate
maintenance owed by a Participant or any other person, nor be transferable by
operation of law in the event of a Participant's or any other person's
bankruptcy or insolvency.

    

    
      	
              8.7  

            	
              EMPLOYMENT
      NOT GUARANTEED.

            

    

    

    Nothing contained in this Plan nor any
action taken hereunder shall be construed as a contract of employment or as
giving any employee any right to be retained in the employ of an Employer or to
serve as a director.

    

    
      	
              8.8  

            	
              ERRORS.

            

    

    

    At any time SBC may correct any error
made under the Plan without prejudice to SBC.  Such corrections may
include, among other things, refunding contributions to a Participant with
respect to any period he or she made Employee Contributions while not an
Eligible Employee, or canceling the enrollment of a non-Eligible
Employee.

    

    
      	
              8.9  

            	
              CAPTIONS.

            

    

    

    The captions of the articles, sections,
and paragraphs of this Plan are for convenience only and shall not control nor
affect the meaning or construction of any of its provisions.

    

    8.10          GOVERNING
LAW.

    

    To the extent not preempted by ERISA,
this Plan shall be governed by and construed in accordance with the substantive
laws of the State of Texas, excluding any conflicts or choice of law, rule or
principle that might otherwise refer construction or interpretation of this Plan
to provisions of the substantive law of any jurisdiction other than the State of
Texas.  Any actions seeking to enforce the rights of an employee,
former employee or person who holds such rights through, from or on behalf of
such employee or former employee under this plan may be brought only in a
federal or state court located in Bexar County, Texas.

    

    
      	
              8.11  

            	
              VALIDITY.

            

    

    

    In the event any provision of this Plan
is held invalid, void, or unenforceable, the same shall not affect, in any
respect whatsoever, the validity of any other provision of this
Plan.

    

    
      	
              8.12  

            	
              SUCCESSORS
      AND ASSIGNS.

            

    

    

    This Plan shall be binding upon SBC and
its successors and assigns.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    SBC
Communications Inc.

    

    

    SENIOR
MANAGEMENT LONG TERM DISABILITY PLAN

    

    Plan
Effective:  January 1, 1984

    

    

    Section
1.             Definitions

    

    1.   Plan
shall mean the SBC Communications Inc. Senior Management Long Term Disability
Plan.

    

    2.           Employer
shall mean SBC Communications Inc. or any of its subsidiaries that participate
in the Plan.

    

    3.           Pension
Plan shall mean the SBC Communications Inc. Management Pension
Plan.

    

    4.           Disability
Benefit Plan shall mean the SBC Communications Inc. Sickness and Accident
Disability Benefit Plan.

    

    5.           Mid-Career
Pension Plan shall mean the SBC Communications Inc. Mid-Career Pension
Plan.

    

    6.           Short
Term Plan shall mean the SBC Communications Inc. Short Term Incentive
Plan.

    

    7.           Committee
shall mean the Administrative Committee appointed by the Vice President-Human
Resources.  It shall consist of three managers, one of whom will be a
Senior Manager.

    

    8(a)       Participant,
for purpose of the Disability Allowance under Section 2, shall mean a Senior
Manager on the active rolls of an Employer on or after the effective date of the
Plan.

    

    8(b)       Participant,
for purposes of the Senior Management survivor Benefit under Section 3, shall
mean a former employee of an Employer who was a Participant under paragraph 8(a)
above on the last day of employment, if such former employee is eligible to
receive a Disability Allowance under Section 2.

    

    8(c)       Participant,
for purposes of the Medical Expense Benefit under Section 6, shall mean a former
employee of an Employer who was a Participant under paragraph 8(a) above the
last day of Employment, if such former employee is eligible to receive a
Disability Allowance under Section 2.

    

    8(d)       For
purposes of paragraph 8(b) and 8(c) above, a former employee shall be considered
to be eligible to receive a Disability Allowance under Section 2 if he has met
the conditions specified in Section 2, even though the receipt of other benefits
by such former employee precludes his receipt of any benefits under Section
2.

    

    9.           Term
of Employment. shall have the same meaning as the meaning assigned to such
expression in the Pension Plan.

    

    10.         Annual
Basic Pay shall mean the Participant's annual base salary rate (as determined by
the Employer) on the last day the Participant was on the active payroll, but
excluding all differentials regarded as temporary or extra payments and all cash
payments and distributions made under the Short Term Plan and the SBC
Communications Inc. Long Term Incentive Plan.  The base salary rate in
Section 2, paragraph 3, shall be the base salary amount prior to any reduction
as a result of the Senior Management Deferred Compensation Plan.

    

    11.          The
use of personal pronouns of the masculine gender in the Plan is intended to
include both masculine and feminine genders.

    

    Section
2.              Disability
Allowance.

    

    1(a)         A
participant shall be considered to be "disabled" at any time during the first
fifty-two week period following the onset of a physical or mental impairment if
such impairment prevents the Participant from meeting the performance
requirements of the position held immediately preceding the onset of the
physical or mental impairment.

    

    1(b)         A
Participant shall be considered to be "disabled" after the first fifty-two week
period following the onset of a physical or mental impairment if such impairment
prevents the Participant from meeting the performance requirements of (1) the
position held immediately preceding the onset of the physical or mental
impairment, (2) a similar position, or (3) any appropriate position which the
Participant would otherwise be capable of performing by reason of the
Participant's background and experience.

    

    1(c)         The
Committee shall make the determination of whether a Participant is disabled
within the meaning of paragraphs 1(a) and 1(b) above.

    

    2.           A
Participant who is disabled during a period described in paragraph 1(a) of this
Section 2 shall be eligible to receive a monthly disability allowance equal to
100 percent of the Participant's monthly base salary rate on the last day the
Participant was on the active payroll, reduced by any amounts described in
paragraph 5(a) of this Section 2 which are attributable to the period for which
benefits are provided under this paragraph.

    

    3.           A
Participant who is disabled during a period described in paragraph 1(b) shall,
prior to his sixty-fifth birthday, be eligible to receive a monthly disability
allowance equal to eighty percent of the Participant's monthly base salary rate,
prior to any deferral amount under the Senior Management Deferred Compensation
Plan, on the last day the Participant was on the active payroll, reduced by any
amounts described in paragraph 4(b) of this Section 2 which was attributable to
the period for which benefits are provided under this paragraph.

    

    4(a)           The
disability allowance determined for any period under paragraph 2 of this Section
2 shall be reduced by the sum of the following benefits received by the
Participant which are attributable to the period for which such disability
allowance is provided: a service pension, deferred vested pension, or disability
pension under the Pension plan, a pension under the Mid-Career Pension Plan, an
accident disability benefit or sickness disability benefit under the Disability
Benefit Plan, any Workers' Compensation Benefit, plus any other benefit payments
required by law on account of the Participant's disability.  However,
no reduction shall be made on account of any pension under the Pension Plan, or
the Mid-Career Pension Plan at a rate greater than the rate of such pension on
the date the Participant first received such pension after his
disability.

    

    4(b)           The
disability allowance determined for any period under paragraph 3 of this Section
2 shall be reduced by the sum of the following benefits received by the
Participant which are attributable to the period for which such disability
allowance is provided: a service pension, deferred vested pension or disability
pension under the Pension Plan, a pension under the Mid-Career Pension Plan, an
accident disability benefit under the Disability Benefit Plan, any other
retirement income payments from the employee's Employer, plus any Worker's
Compensation Benefit.  However, no reduction shall be made on account
of any pension under the Pension Plan, or the Mid-Career Pension Plan at a rate
greater than the rate of such pension on the date the Participant first received
such pension after his disability.

    

    Furthermore, the Board of Directors of
the employee's Employer in its discretion may reduce the disability allowance by
the amount of outside compensation or earnings of the Participant for work
performed by the Participant during the period for which such disability
allowance is provided.

    

    5.           For
purposes of paragraphs 1(a) and 1(b) of this Section 2, the measurement of time
following the onset of a physical or mental impairment shall coincide with the
measurement of time used to calculate the period of Sickness and Disability
Benefit Plan.  Successive periods of physical or mental impairment
shall be counted together in computing the periods during which the Participant
shall be entitled to the benefits provided under paragraph 2 or paragraph 3 of
this Section 2, except that any disability absence after the Participant has
been continuously engaged in the performance of duty for thirteen weeks shall be
considered to commence a new period of physical or mental impairment under
paragraph 1(a), so that such Participant shall be entitled during such new
period to the benefits provided under paragraph 2 of this Section
2.

    

    Section
3             Life
Insurance Benefits.  A Participant described in paragraph 8(b) of
Section 1, who has not retired on a service pension or a disability pension
under the Pension Plan, shall be entitled to the same rights and benefits under
the SBC Communications Inc. Senior Management Survivor Benefit Plan, and under
the Supplementary Life Insurance Plan, as if the employee had retired on a
service pension or a disability pension under the Pension Plan and had elected
the Alternate Death Benefit under the Senior Management Survivor Benefit
Plan.

    

    Section
4             Medical
Expense Benefits.  A Participant described in paragraph 8(c) of
Section 1, who has not retired on a service pension or a disability pension
under the Pension Plan, shall be entitled to the same rights and benefits under
the SBC Communications Inc. Medical Expense Plan, and Dental Expense Plan as an
employee who retired on a service or a disability pension under the Pension
Plan.

    

    Section
5             Claims
and Appeals.  Any claim under the Plan by a Participant, or by anyone
claiming through a Participant, shall be presented to the
Committee.  Any person whose claim under the Plan has been denied may
(and must for the purpose of seeking any further review of a decision or
determining any entitlement to a benefit under the Plan), within 60 days after
receipt of notice of denial, submit to the Human Resources Committee of the SBC
Communications Inc. Board of Directors a written request for review of the
decision denying the claim.  The Human Resources Committee shall
determine conclusively for all parties all questions arising in the
administration of the Plan.

    

    Section
6             
General Provisions.

    

    1.   The Plan
shall be effective on January 1, 1984.

    

    2.           The
rights of a Participant or his spouse to benefits under the Plan shall not be
subject to assignment or alienation.

    

    3.           SBC
Communications Inc. may from time to time make changes in the Plan and may
terminate the Plan.  In addition, the Vice President-Human Resources
of the SBC Communications Inc. (or any successor to the officer's
responsibilities), shall be authorized to make minor or administrative changes
to the Plan, as well as changes dictated by the requirement of Federal or state
statutes or authorized or made desirable by such statutes.  Such
changes or termination shall not affect the rights of any Participant, without
his consent, to any benefit under the Plan to which such Participant may have
previously become entitled as a result of a disability, death or termination of
Employment which occurred prior to the effective date of such change or
termination.

    

    4.           In
case of accident resulting in injury to or death of a Participant which entitles
the Participant to benefits under the Plan, the Participant may elect to accept
such benefits or to prosecute such claims at law as the Participant may have
against the Employer.  If election is made to accept the benefits
under the Plan, such election shall be in writing and shall release the Employer
from all claims and demands which the Participant may have against it, otherwise
than under this Plan or under any other plan maintained by the Employer, on
account of such accident.  The Committee, in its discretion, may
require that the election described above shall release any other company
connected with the accident, including any company participating in the Pension
Plan.  The right of the Participant to a disability allowance under
Section 2 of the Plan shall lapse if election to accept such benefits, as above
provided, is not made within sixty days after injury, or within such greater
time as the Committee shall, by resolution duly entered on its records, fix for
the making of such election.

    

    5.           Should
claim, other than under this Plan or under any other plan maintained by the
Employer, by presented or suit brought against the Employer, or against any
other company participating in the Pension Plan, for damages on account of
injury or death of a Participant, nothing shall by payable under this Plan on
account of such injury or death except as provided in paragraph 6 of this
Section 6; provided however, that the Committee may, in its discretion and upon
such terms as it may prescribe waive this provision if such claims be withdrawn
or if such suit be discontinued.

    

    6.           In
case any judgment is recovered against the Employer or any settlement is made of
any claim or suit on account of the injury or death of a Participant, and the
total amount which would otherwise have been payable under the Plan and under
any other plan maintained by the Employer is greater than the amount paid on
account of such judgment or settlement, the lesser of (1) the difference between
such two amounts, or (2) the amount which would otherwise have been payable
under this Plan, may in the discretion of the Committee be distributed to the
beneficiaries who would have received benefits under this Plan.

    

    7.           All
benefits provided under the Plan with respect to a Participant shall be
forfeited and cancelled in their entirety if the Participant, without the
consent of the Employer and while employed by the Employer or after termination
of such Employment, becomes associated with, becomes employed by or renders
service to, or owns an interest in any business (other than as a shareholder
with a nonsubstantial interest in such business) that is competitive with the
Employer or with any business with which a subsidiary or affiliated Company has
a substantial interest, as determined by the Employer's Board of Directors. All
benefits provided under the Plan with respect to a Participant shall be
forfeited and cancelled in their entirety if the Participant is discharged by
the Employer for cause or the Participant engages in misconduct in connection
with the Participant's Employment.

    

    8.           Each
Employer, the Committee, and the Human Resources Committee of the SBC
Communications Inc.'s Board of Directors is each a named fiduciary as that term
is used in ERISA with respect to the particular duties and responsibilities
herein provided to be allocated to each of them, respectively.

    

    9.           All
benefits authorized under the Plan shall be a charge to the operating expense
accounts of the Participant's Employer when and as paid.

    

    10.         The
expenses of administering the Plan shall be borne by the Employers in such
proportions as shall be mutually agreed upon by such Employers.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    SBC
Communications Inc.

    

    

    SUPPLEMENTAL
HEALTH PLAN

    

    Effective:  January
1, 1987

    Revisions
Effective:  March 19, 2001

    

    EXECUTIVE
HEALTH PLAN

    

    

    
      	
              1.  

            	
              Purpose.  The
      Supplemental Health Plan ("Plan") provides
  Eligible

            

    

    Employees
and their eligible dependents with supplemental medical, dental and

    vision
benefits.

    

    
      	
              2.  

            	
              Definitions.  For
      purposes of this Plan, the following words
and

            

    

    phrases
shall have the meanings indicated, unless the context clearly
indicates

    otherwise:

    

    CHAIRMAN.  "Chairman"
shall mean the Chairman of the Board of SBC Communications Inc.

    

    COMMITTEE.  "Committee"
shall mean the Human Resources Committee of the Board of SBC Communications
Inc.

    

    ELIGIBLE
EMPLOYEE.  "Eligible Employee" shall mean an Officer.

    

    OFFICER.  "Officer"
shall mean an individual who is designated by the Chairman as eligible to
participate in the Plan who is an elected officer of SBC or of any SBC
subsidiary (direct or indirect).

    

    RETIREMENT.  "Retirement"
shall mean the termination of an Eligible Employee's employment with SBC or any
of its subsidiaries, for reasons other than death, on or after the earlier of
the following dates: (1) the date the Eligible Employee is Retirement Eligible
as such term is defined in the SBC Supplemental Retirement Income Plan ("SRIP");
or (2) the date the Eligible Employee has attained one of the following
combinations of age and service at termination of employment on or after April
1, 1997, except as otherwise indicated below:

    

    Net Credited
Service                                     Age

    10 years or
more                                           65
or older

    20 years or
more                                           55
or older

    25 years or
more                                           50
or older

    30 years or
more                                           Any
age

    

    With respect to an Eligible Employee
who is granted an EMP Service Pension under and pursuant to the provisions of
the SBC Pension Benefit Plan - Nonbargained Program
("SBCPBP") upon termination of Employment, the term "Retirement" shall include
such Eligible Employee's termination of employment.

    

    TERMINATION
UNDER EPR.  In determining whether an Eligible Employee's termination
of employment under the Enhanced Pension and Retirement Program ("EPR") is a
Retirement for purposes of this Plan, five years shall be added to each of age
and net credited service ("NCS").  If with such additional age and
years of service, (1) an Eligible Employee upon such termination of employment
under EPR is Retirement Eligible according to the SBC Supplemental Retirement
Income Plan ("SRIP") or (2) the Eligible Employee upon such termination of
employment under EPR has attained one of the following combinations of age and
service,

    

    Actual NCS + 5
Years                                  Actual Age + 5
Years

    10 years or
more                                           65
or older

    20 years or
more                                           55
or older

    25 years or
more                                           50
or older

    30 years or
more                                           Any
age

    

    then such
termination of employment shall be a Retirement for all purposes under this Plan
and the Eligible Employee shall be entitled to the treatment under this Plan
afforded in the case of a termination of employment which is a
Retirement.

    

    SBC.  "SBC"
shall mean SBC Communications Inc.

    

    3           Eligibility.  Each
Eligible Employee shall be eligible to participate in this Plan along with his
or her eligible dependents.  Eligible dependents are those covered
under the Eligible Employee's SBC company's basic managed care medical, dental,
and vision care plans ("Basic Plans").

    

    Provisions of this Plan will continue
in effect during Retirement for each Eligible Employee who became an Eligible
Employee on or after January 1, 1987 but before January 1,
1999.  Dependent coverage will also continue during the Retirement
period for an Eligible Employee who became an Eligible Employee on or after
January 1, 1987 but before January 1, 1999.  An Eligible Employee who
becomes an Eligible Employee after December 31, 1998 shall not be eligible
hereunder for coverage during Retirement.

    

    Eligible Employees as of October 1,
1998 must elect to continue coverage effective January 1, 1999 by December 31,
1998.  An Eligible Employee who becomes an Eligible Employee after
October 1, 1998 shall have 90 days after becoming an Eligible Employee to elect
coverage under this Plan.  Coverage will remain in effect as long as
the applicable contribution is paid by the Eligible
Employee.  However, once an Eligible Employee terminates coverage he
or she may not reinstate such coverage.

    

    4.           (a)           Coverage.  Subject
to the limitations in this Section, this Plan provides 100% coverage of all
medical, dental and vision expenses not covered by the Eligible Employee's Basic
Plans provided such expenses for such services would qualify as deductible
medical expenses for federal income tax purposes, whether deducted or
not.  Notwithstanding any other provision of the Plan to the contrary,
an employee who first becomes an Eligible Employee mid-year and who is enrolled
in SBC sponsored medical plans other than his or her company's Basic Plans
(e.g., HMO) will be allowed to participate in the Plan for the remainder of the
calendar year along with his or her dependents who are enrolled in such other
SBC sponsored Plans, as if he or she was participating in his or her company's
Basic Plans.  Thereafter, to participate in the Plan, the Eligible
Employee, as well as his or her dependents for whom coverage is desired under
this Plan, must be enrolled in the Basic Plans to have coverage
hereunder.  Expenses incurred by any Eligible Employee or any of his
or her eligible dependents under this Plan shall not exceed $50,000 per year per
individual.  Effective January 1, 1998, expenses incurred by any
Eligible Employee and his or her eligible dependents under this Plan shall not
exceed $100,000 total per Plan year (i.e., January 1 through December
31).  Expenses covered by the Basic Plans will not be included in
these limits.

    

    Claims will be applied against the
various health plans in the following order:

    

    (1)           Medicare
if participant is eligible for same,

    (2)           Group
Health Plans,

    (3)           CarePlus
if elected and applicable,

    (4)           Long
Term Care Plan if elected and applicable,

    (5)           this
Plan.

    

    (b)           Substitute
Basic Coverage.  Notwithstanding any other provision of this Plan to
the contrary, if upon Retirement, an Eligible Employee is eligible for coverage
under this Plan during Retirement, but not eligible for coverage under the Basic
Plans, this Plan shall provide all medical, dental and vision expenses as if
such Eligible Employee had been eligible for Non-Network coverage under the
Basic Plans (hereinafter, "Substitute Basic Coverage").  Such
Substitute Basic Coverage shall be subject to the same terms and conditions,
including monthly retiree contributions, copays, etc. (if any), as would be
applicable to the Eligible Employees and dependents if provided under the Basic
Plans and shall constitute such Eligible Employee's Basic Plans for all purposes
under this Plan.  The costs of Substitute Basic Coverage (except for
any monthly contributions, copays, etc.) shall be borne by SBC and shall not be
included in the determination of any Eligible Employee's annual Plan
contribution amount as provided in Section 5.

    

    5.           Costs.  Except
as provided below in this Section, costs and expenses incurred in the operation
and administration of this Plan will be borne by SBC; and each subsidiary will
be required to reimburse SBC for applicable costs and expenses attributable to
Eligible Employees employed by it:

    

    Effective January 1, 1999, an Eligible
Employee electing coverage under the Plan will pay for coverage under the Plan
while in active service.  Such Eligible Employee's annual contribution
amount will be equal to 10% of SBC's actual costs per Eligible Employee for the
prior Plan year.

    

    Effective with respect to a retirement
occurring on or after January 1, 1999, an Eligible Employee who became an
Eligible Employee before January 1, 1999 and who elects retirement coverage
under the Plan will pay for coverage under the Plan during retirement. Such
Eligible Employee's annual contribution amount during retirement will be equal
to a percentage of SBC's actual costs per Eligible Employee for the prior Plan
year according to the following:

    

    The contribution percentage to be used
shall be the lower of the Annual Contribution Percentage determined using each
Eligible Employee's Age or Years Until Retirement as of December 31,
1997:

    

    
      	
              Age

            	
              Annual

              Contribution

              Percentage

            	
              OR

            	
              Years Until

              Retirement

            	
              Annual

              Contribution

              Percentage

            
	
              if
      age 55 or older

            	
              10%

            	 	
              if
      retirement eligible

            	
              10%

            
	
              if
      age 50 or older but less

              than
      55

            	
              25%

            	
              if
      not retirement eligible

            	
              10%
      plus 5% for

              each
      whole year* until retirement eligibility(not to exceed
  50%)

            
	
              if
      less than age 50

            	
              50%

            	 	 

    

    

    *in the event an Eligible Employee is
less than one whole year from retirement eligibility, the Annual Contribution
Percentage shall be determined as if one whole year from retirement
eligibility

    

    Coverage will remain in effect as long
as the applicable contribution is paid by the Retiree.  However, once
a Retiree terminates coverage he or she may not reinstate such
coverage.

    

    6.           Non-Competition.  Notwithstanding
any other provision of this Plan, no coverage shall be provided under this Plan
with respect to any Eligible Employee who shall, without the written consent of
SBC, and while employed by SBC or any subsidiary thereof, or within three (3)
years after termination of employment from SBC or any subsidiary thereof, engage
in competition with SBC or any subsidiary thereof or with any business with
which a subsidiary of SBC or an affiliated company has a substantial interest
(collectively referred to herein as "Employer business").  For
purposes of this Plan, engaging in competition with any Employer business shall
mean engaging by Eligible Employee in any business or activity in the same
geographical market where the same or substantially similar business or activity
is being carried on as an Employer business.  Such term shall not
include owning a nonsubstantial publicly traded interest as a shareholder in a
business that competes with an Employer business.  However, engaging
in competition with an Employer business shall include representing or providing
consulting services to, or being an employee of, any person or entity that is
engaged in competition with any Employer business or that takes a position
adverse to any Employer business.  Accordingly, coverage shall not be
provided under this Plan if, within the time period and without the written
consent specified, Eligible Employee either engages directly in competitive
activity or in any capacity in any location becomes employed by, associated
with, or renders service to any company, or parent or affiliate thereof, or any
subsidiary of any of them, if any of them is engaged in competition with an
Employer business, regardless of the position or duties the Eligible Employee
takes and regardless of whether or not the employing company, or the company
that Eligible Employee becomes associated with or renders service to, is itself
engaged in direct competition with an Employer business.

    

    7.           Administration.  Subject
to the terms of the Plan, the Chairman shall establish such rules as are deemed
necessary for the proper administration of the Plan.  SBC will compute
a "gross-up" allowance which will be paid to an Eligible Employee to offset
income tax liabilities incurred as a result of receiving benefits under this
Plan.

    

    8.           Amendments
and Termination.  This Plan may be modified or terminated at any time
in accordance with the provisions of SBC's Schedule of
Authorizations.

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    SUPPLEMENTAL
HEALTH PLAN ADMINISTRATIVE GUIDELINES

    

    

    1.  General.  The
purpose of these guidelines is to list the procedures to be followed in
administering the Supplemental Health Plan ("SHP").

    

    The Senior Vice President - Human
Resources will establish internal procedures and group insurance policies with
health carrier(s) as appropriate to carry out the provisions of the
Plan.

    

    2.  Coverage
Considerations.

    

    Eligible
Employees:

    

    Coverage is provided only for an
Eligible Employee covered by a subsidiary's basic medical plan ("basic plan"),
except as otherwise provided for in Section 4 of the Plan.

    

    Coverage continues during periods of
disability and during retirement in certain circumstances as described in the
Plan.  Coverage during such periods shall be the same as provided to
active Eligible Employees.

    

    Coverage for a new Eligible Employee is
effective the first day of the month in which the employee is declared to be
eligible to participate in the Plan by the Chairman.

    

    Coverage will cease on the last day of
the month in which one of the following conditions exist:

    

    
      	
                   
      (a)  

            	
              Eligible
      Employee is no longer a participant in the Basic
  Plan

            

    

    

    (b)  termination
of Eligible Employee from active service for reasons other than disability or
the retirement of an Eligible Employee who became an Eligible Employee before
January 1, 1999

     

                   
(c)  death of
Eligible Employee (unless surviving dependents continue coverage under basic
plan)

     

                   
(d)  demotion
of Eligible Employee so as to no longer be eligible to participate in the
Plan

     

                   
(e)  transfer
to a subsidiary that will not bear expenses for the Eligible Employee to
participate in the Plan

    

    (f)  Eligible
Employee engages in competitive activity

    

    (g)  discontinuance
of the Plan by SBC or a subsidiary

    

    

    Dependents:

    

    Coverage is provided for dependents of
a covered Eligible Employee if the dependents are covered by the basic
plan.

    

    If coverage for a dependent ceases
under the basic plan, coverage under this Plan will cease with the same
effective date.

    

    If coverage for the Eligible Employee
under this Plan ceases for any reason, dependent coverage will cease with the
same effective date except where employee coverage ceases due to death of the
Eligible Employee, the Plan will continue in effect for surviving dependents as
long as the dependents are covered under the basic plan (through automatic
coverage or through payment of basic premiums) and are paying any applicable
premiums under this Plan.

    

    3.  Enrollment.  Upon
approval as an Eligible Employee, enrollment in the basic plan and payment of
any applicable premium under this Plan, the Eligible Employee and current
dependents (provided they are also enrolled in the basic plan) shall be covered
under the Plan.  The Executive Compensation Administration (ECA)
contact will forward a portfolio to the Eligible Employee including the
following:

    

    (a)           Blank
claim forms (5 to 10 copies)

    

    (b)           Blue
return envelopes (5 to 10)

    

    (c)   Filing
instructions

    

    (d)   Cards
with Eligible Employee's name imprinted (for use for Eligible Employee, spouse,
and eligible dependents)

    

    As a matter of convenience for the
Eligible Employee, the ECA contact will advise the appropriate payroll office
regarding the enrollment and withholding of basic coverage premiums for class II
or sponsored dependents not already enrolled in the basic plan.  The
premium paid for dependents is at the rate specified for basic coverage
only.  There is no additional premium to be paid for SHP coverage for
the dependent. Withholding of dependent basic premiums for retired Eligible
Employees, where applicable, shall be handled in the same manner as other
withholding arrangements for retired executives.

    

    Each month, the ECA contact will
provide the SHP carrier and subsidiary benefit administration groups with a list
of Eligible Employees currently enrolled in the Plan.  The ECA contact
will provide updated dependent information to the carrier whenever new or
revised Dependent Enrollment Forms are received from Eligible
Employees.

    

    4.  Eligible
Charges.  Charges for medical care will be eligible under this Plan if
they are also eligible medical expenses as defined in the Internal Revenue
Code.  In general, medical expenses are defined to include any amounts
paid for the diagnosis, cure, mitigation, treatment or prevention of disease or
for the purpose of affecting any structure or function of the body, and
transportation for and essential to medical care.  Amounts paid for
illegal operations or treatments are not eligible medical
expenses.  In addition, expenses incurred which are merely beneficial
to the general health of an individual are also not considered eligible medical
expenses unless they are for the primary purpose of curing a particular disease
or ailment and prescribed by a doctor.

    

    Eligible Employees are encouraged to
use basic plan cost management features, including pre-certification, continued
stay, second surgical opinion and designation of Primary Care
Physician.  Use of these features is optional for Eligible
Employees.

    

    5.  Annual
Limits.  The annual limits for charges which will be paid under the
Plan are specified in the Plan.  Expenses incurred under provisions of
basic medical, dental and vision plans are not counted against the Plan's
limits.  The Plan's limits apply to the following eligible
charges:

    

    (a)           Medical
expenses not paid under a basic medical expense plan (deductibles, co-pay
amounts, excluded charges, etc., but not premiums to enroll dependents in the
basic plan); plus

    

    (b)           Dental
expenses not paid under basic dental plan (deductibles, co-pay amounts, excluded
charges etc., but not premiums to enroll dependents in the basic plan);
plus

    

    (c)   All
vision expenses not covered by basic vision plan, but not premiums to enroll
dependents in the basic plan.

    

    When an Eligible Employee or dependent
or the Eligible Employee's family exhausts annual coverage, the Eligible
Employee will be notified by the carrier.

    

    6.           Claims
Processing.  Eligible Employees or their Providers (Doctors,
Hospitals, etc.) should submit all basic medical, dental and vision plan and SHP
claims to the SHP carrier (UnitedHealthcare).  In no case should
claims be submitted for processing under the procedures of the basic medical,
dental and vision plans.  UnitedHealthcare will coordinate processing
for both basic and SHP claims to reduce administrative efforts for Eligible
Employees.  Retired Eligible Employees who are eligible for coverage
under the Plan and who are eligible for Medicare should file with Medicare
first. See Medicare Section below.

    

    To submit a claim, Eligible Employees
or their Providers should use a claim form (see Attachment 1) and one of the
blue envelopes provided in the enrollment portfolio.  Documentation of
service provided should be attached to the claim form.  Additional
forms and envelopes are available from the carrier.

    

    The carrier will receive completed
forms, verify participation and make payment to the Eligible Employee or to the
Provider as appropriate.  The Explanation of Benefits statement will
be forwarded to the Eligible Employee when payments are made.

    

    Medical
and Dental Claims.  The carrier will allocate claim charges to either
basic medical or dental plan coverage, SHP coverage or non-covered
charges.  The Eligible Employee or the Eligible Employee's Provider
will be reimbursed for all charges except those not eligible under either a
basic medical or dental plan or SHP.  The carrier will use the
separation of charges between plans to produce reports and to track against
annual limits.

    

    Vision
Claims.  The carrier will allocate claim charges to either basic
vision plan coverage, SHP coverage or non-covered charges.  The
Eligible Employee or the Eligible Employee's Provider will be reimbursed for all
charges except those not eligible under either a basic vision plan or
SHP.  The carrier will use the separation of charges between plans to
produce reports and to track against annual limits.  Eligible
Employees should not submit vision claims to carriers other than the SHP
carrier.

    

    Medicare.  Any
retired Eligible Employee eligible for coverage under the Plan or his or her
dependents any of whom are eligible for Medicare shall file claims with Medicare
first.  Expenses not reimbursed by Medicare should then be filed with
UnitedHealthcare using the Supplemental Health Plan Claim Form.

    

    Coordination
by Administrators.  The ECA contact will instruct claims
administrators for basic plans (vision, dental, medical) to forward all Eligible
Employee claims to the SHP carrier for processing.

    

    Release
of Information.  If requested by a Provider, it will be necessary for
the Eligible Employee to sign a form to authorize the carrier to obtain
additional information from a Provider.  In those cases, the carrier
will forward an information release form directly to the Eligible
Employee.

    

    7.           I.
D. Cards.  Each enrollment portfolio includes I.D. cards which should
be signed on the back by the Eligible Employee except for the Eligible
Employee's spouses card which should be signed by the spouse.  The
dependent's name will be shown on the dependent's card.

    

    Blank cards can be obtained from the
carrier and imprinted locally by the ECA

    Group.

    

    Each card will contain a carrier
telephone number dedicated to the SHP.  This number is also on the
claim forms.

    

    8.           Prescriptions.  Participants
in the SHP should use the Mail Service Prescription Drug Program or purchase
prescriptions from a pharmacy, as appropriate.  The Eligible Employee
should attach his/her receipt for any amount not covered by the basic Plan to a
claim form, and forward to the carrier for full reimbursement.  Only
prescription medicines are eligible for
reimbursement.  Over-the-counter medicines (cold tablets, aspirin,
etc.) and hygienic supplies (contact lens solution, eye drops, etc.) are not
covered under the plan.

    

    9.           Billing.  The
carrier will issue insurance premium bills at the beginning of each quarter to
the following SBC entities:

     

           
(a)  SBC ECA
Group (for corporate staff Eligible Employees)

    

    (b)  Each
subsidiary's Human Resources/Personal Administration Group (for subsidiary
Eligible Employees).

    

    Quarterly payments are due to the
carrier by the end of the first month in the quarter.

    

    Bills will provide sufficient detail to
show the following:

    

    
      	
              (a)  

            	
              Amounts
      above that allocated to basic medical, dental and vision
    plans

            

    

    
      	
              (b)  

            	
              SHP
      premiums

            

    

    
      	
              (c)  

            	
              Other
      SHP charges/credits

            

    

    
      	
              (d)  

            	
              SBC
      code

            

    

    
      	
              (e)  

            	
              State
      code

            

    

         
(f)  Individual
bills for each Eligible Employee as requested by the employing
subsidiary.

    

    10.           Reports.  The
carrier will issue quarterly reports to the SBC ECA contact.  These
will include claim-to-premium reconciliation data for use in forecasting
end-of-year true-ups and determining whether or not accruals will be
required.

    

    11.           Accruals.  If
claim-to premium reconciliation data indicates claims are significantly
exceeding premiums during a quarter, accruals should be considered during the
year.  At the end of the year, an accrual is generally required unless
a year-end true-up bill is not expected.

    

    12.           Taxes.  If
receipt of coverage/benefits under this Plan results in taxable income, an
Eligible Employee's income will be grossed-up.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    EXHIBIT
C

    

    

    Cingular
Wireless SBC Executive Transition Plan

    

    CINGULAR
WIRELESS SBC EXECUTIVE

    TRANSITION
SUPPLEMENTAL RETIREMENT INCOME PLAN (SRIP)

    

    

    1.  Section
1.  "Purpose" shall be restated as follows:  "The purpose of
the Cingular Wireless SBC Executive Transition Supplemental Retirement Income
Plan is provide eligible employees with retirement benefits to supplement
benefits payable pursuant to Cingular's qualified pension plan. The Cingular
Wireless SBC Executive Transition Supplemental Retirement Income Plan is
intended as a follow on and continuation of the SBC Supplemental Retirement
Income Plan, as such Plan was in effect as of October 28, 2001.  The
terms of the SBC Supplemental Retirement Income Plan in effect on October 28,
2001, except as herein amended, are incorporated by reference and made a part of
the Plan."

    

    2.           Any
reference to SBC shall be deemed to reference Cingular Wireless
LLC.  Any reference to the SBC Pension Benefit Plan - Nonbargained
Program ("SBCPBP") shall be deemed to reference to the Cingular Wireless Pension
Plan.

    

    3.           The
Plan shall be administered by the Senior Vice President - Human Resources of the
Employer and any individual or committee he designates to act on his behalf with
respect to any or all of his responsibilities hereunder.  Pursuant to
Section 6.5, the Senior Vice President - Human Resources shall be authorized to
modify or terminate the plan at any time.

    

    4.           Eligibility
and Participation.  Participation in the plan shall be limited to
those former SBC executives who (a) previously participated in the SBC SRIP, (b)
were contributed to Cingular Wireless as part of the formation of Cingular
Wireless on or before December 31, 2001, and (c) are specifically identified on
Appendix B, hereto.  No other Cingular Wireless employees are eligible
to participate in or receive benefits from the Cingular Wireless
SRIP.

    

    5.           Freeze
of Benefit Accruals.  Participants will continue to
accrue  benefits under the Cingular Wireless SRIP until the earlier of
(i) December 31, 2006, (ii) the termination of their employment; and (iii) the
termination of Cingular Wireless SRIP or other cessation of benefit accruals
under Cingular Wireless SRIP.

    

    6.           The
term "Retirement Eligible" shall be restated as follows:  "Retirement
Eligible or Retirement Eligibility means that a Participant has attained age 55;
provided, however, if the Participant is, or has been within the one year period
immediately preceding the relevant date, an Officer with 30 or more Years of
Service and has not attained age 55, he shall be deemed to be Retirement
Eligible. Note:  Any reference in any other Cingular Wireless plan to
a person being eligible to retire with an immediate pension pursuant to the
Cingular SRIP shall be interpreted as having the same meaning as the term
Retirement Eligible."

    

    7.           Section
7.5 is amended to insert Georgia in the place of Texas.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    CINGULAR
WIRELESS SBC EXECUTIVE

    TRANSITION
PENSION MAKE UP PLAN

    

    

    1.           Section
1 shall be amended as follows:  "The purpose of the Cingular Wireless
SBC Executive Transition Pension Make Up Plan is to recognize, for pension
computation purposes, certain compensation being excluded in the determination
of retirement benefits under Cingular's qualified Cingular Wireless Pension Plan
or other qualified pension plan(s) of any subsidiary of Cingular Wireless
LLC.  The Cingular Wireless SBC Executive Transition Pension Make Up
Plan is intended as a follow on and continuation of the SBC Pension Make Up #1
Plan, as such Plan was in effect as of October 28, 2001.  The terms of
SBC Pension Make Up #1 Plan in effect on October 28, 2001, except as herein
amended, are incorporated by reference and made a part of the
Plan."

    

    2.           Any
reference to SBC shall be deemed to reference Cingular Wireless LLC. Any
reference to the SBC Pension Benefit Plan - Nonbargained Program ("SBCPBP")
shall be deemed a reference to the Cingular Wireless Pension
Plan.  Any reference to the SBC Communications Inc. Supplemental
Retirement Income Plan ("SRIP") shall be deemed to reference to the Cingular
Wireless SBC Executive Transition Supplemental Retirement Income
Plan.  Any reference to the SBC STIP shall be a reference to the
comparable Cingular Wireless plan.  Any reference to the SBC TEAM
award shall be a reference to the comparable Cingular Wireless
plan.

    

    3.           Eligibility
and Participation.  Participation in the plan shall be limited to
those former SBC employees who (a) were contributed to Cingular Wireless as part
of the formation of Cingular Wireless on or before December 31, 2001, (b) had an
accrued benefit under the SBC Pension Make Up #1 Plan as of December 31, 2002,
and (c) otherwise meet the eligibility requirements of Section 3 of the
Plan.  No other Cingular Wireless employees are eligible to
participate in or receive benefits from the Cingular Wireless SBC Executive
Transition Pension Make Up.

    

    4.           Section
4 is amended to delete any reference to the SBC Mid Career Hire
Plan.  In addition, Section 4, Paragraph 8 is deleted in its entirety
to eliminate installment payments when the lump sum payment option is elected in
the Cingular Wireless Pension Plan.

    

    5.           The
Plan shall be administered by the Senior Vice President - Human Resources of the
Employer and any individual or committee he designates to act on his behalf with
respect to any or all of his responsibilities hereunder.  Pursuant to
Section 13, the Senior Vice President - Human Resources shall be authorized to
modify or terminate the plan at any time.

    

    6.           Freeze
of Benefit Accruals.  Participants will continue to accrue benefits
under the Plan until the earlier of (i) December 31, 2006, (ii) the termination
of their employment; and (iii) the termination of the Plan or other cessation of
benefit accruals under the Plan.

    

    7.           Section
12 is amended to insert Georgia in the place of Texas.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    CINGULAR
WIRELESS SBC EXECUTIVE

    TRANSITION
LIFE INSURANCE PLAN

    

    

    1.           Section
1.  "Purpose" shall be restated as follows:  "The purpose of
the Cingular Wireless SBC Executive Transition Life Insurance Plan is to allow
for provision of additional survivor benefits for Eligible
Employees.  The Cingular Wireless SBC Executive Transition Life
Insurance Plan is intended as a follow on and continuation of the SBC
Supplemental Life Insurance Plan, as such Plan was in effect as of October 28,
2001.  The terms of the SBC Life Insurance Plan in effect on October
28, 2001, except as herein amended, are incorporated by reference and made a
part of the Plan."

    

    2.           All
references in the Plan to SBC or SBC Communications, Inc. shall be deemed to be
a reference to Cingular Wireless LLC.

    

    3.           Eligibility
and Participation.  Participation in the plan shall be limited to
those former SBC executives who (a) were eligible to participate in the SBC
Supplemental Life Insurance Plan, (b) were contributed to Cingular Wireless as
part of the formation of Cingular Wireless on or before December 31, 2001, and
(c) are specifically identified on Appendix B, hereto.  No other
Cingular Wireless employees are eligible to participate in or receive benefits
from the Cingular Wireless SLIP.

    

    4.           The
Plan shall be administered by the Senior Vice President - Human Resources of the
Employer and any individual or committee he designates to act on his behalf with
respect to any or all of his responsibilities hereunder.  Pursuant to
Section 18, the Senior Vice President - Human Resources shall be authorized to
modify or terminate the plan at any time.

    

    5.           Coverage
levels will be based on existing coverage levels and employee titles in effect
at the employee's contribution to Cingular Wireless. Where coverages are based
on a multiplier of eligible salary, coverages will automatically continue to
increase.

    

    6.           Section
4 - Alternate Death Benefit is amended as follows:  delete last
sentence of paragraph two and delete paragraph 3 in its entirety, to eliminate
reference to benefits payable under the SBC Pension Benefit Plan - Nonbargained
Program.

    

    7.           Section
15 is amended to insert Georgia in the place of Texas.

    

    8.           Any
references to the Board of Directors of SBC Communications, Inc. shall be deemed
to be a reference to the Board of Directors/Strategic Review Committee of
Cingular Wireless Corporation.

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    CINGULAR
WIRELESS SBC EXECUTIVE TRANSITION SALARY

    AND
INCENTIVE AWARD DEFERRAL PLAN (SIAD)

    

    1.           Article
1 -- "Statement of Purpose" shall be restated as follows: "The purpose of the
Cingular Wireless SBC Executive Transition Salary and Incentive Award Deferral
Plan is provide a select group of management employees consisting of eligible
employees with a means of deferring the receipt of income.  The
Cingular Wireless SBC Executive Transition Salary and Incentive Award Deferral
Plan is intended as a follow on and continuation of the SBC Salary and Incentive
Award Deferral Plan, as such Plan was in effect as of October 28,
2001.  The terms of the Salary and Incentive Award Deferral Plan in
effect on October 28, 2001, except as herein amended, are incorporated by
reference and made a part of the Plan."

    

    2.           Any
reference to SBC Communications Inc. shall be deemed to reference Cingular
Wireless LLC.  Any reference to SBC shall be deemed to reference
Cingular Wireless.  Any reference to the SBC Pension Benefit Plan -
Nonbargained Program ("SBCPBP") shall be deemed to reference to the Cingular
Wireless Pension Plan.

    

    3.           Eligibility
and Participation.  Participation in the plan shall be limited to
those former SBC executives who (a) previously participated in the SBC SIAD, (b)
were contributed to Cingular Wireless as part of the formation of Cingular
Wireless on or before December 31, 2001, and (c) are specifically identified on
Appendix B, hereto.  No other Cingular Wireless employees are eligible
to participate in or receive benefits from the Cingular Wireless
SIAD.  With respect to Article 4 -- Contributions, no additional
contributions will be allowed under the Cingular Wireless SBC Executive
Transition Salary and Incentive Award Deferral Plan.  Distributions
pursuant to Article 5 will be based on contributions made prior to October 28,
2001 plus accrued interest determined in accordance with Section
4.2(b).

    

    4.           The
reference to "Chairman" under Article 2 -- Definitions is deleted, as is any
reference to Chairman throughout the plan.

    

    5.           "Employer"
means Cingular Wireless LLC and any subsidiary or affiliate of Cingular Wireless
LLC that is authorized by Cingular Wireless to participate in the
Plan.

    

    6.           "Incentive
Award" is amended to insert "the short term or long term award payable by
Cingular" in place of the awards payable under specified SBC plans.

    

    7.           The
definition of "Termination Under EPR" within Article 2 -- Definitions is deleted
in its entirety.

    

    8.           The
Plan shall be administered by the Senior Vice President -- Human Resources of
the Employer and any individual or committee he designates to act on his behalf
with respect to any or all of his responsibilities
hereunder.  Pursuant to Section 7.2, the Senior Vice President --
Human Resources shall be authorized to modify or terminate the plan at any
time.

    

    9.           Section
8.10 is amended to insert Georgia in the place of Texas.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    CINGULAR
WIRELESS SBC EXECUTIVE

    TRANSITION
LONG TERM DISABILITY PLAN

    

    

    1.           Section
1.1  "Plan" shall be mean:  The Cingular Wireless SBC
Executive Transition Long Term Disability Plan.  The purpose of this
plan is to provide supplemental disability coverage to the group disability
plan.  The Cingular Wireless SBC Executive Transition Long Term
Disability Plan is intended as a follow on and continuation of the SBC Senior
Management Long Term Disability Plan, as such Plan was in effect as of October
28, 2001.  The terms of the SBC Senior Management Long Term Disability
Plan in effect on October 28, 2001, except as herein amended, are incorporated
by reference and made a part of the Plan.

    

    2.           Any
reference to SBC Communications Inc. shall be deemed to reference Cingular
Wireless LLC.  Any reference to SBC shall be deemed to reference
Cingular Wireless.  Any reference to the SBC Pension Benefit Plan --
Nonbargained Program ("SBCPBP") shall be deemed to reference to the Cingular
Wireless Pension Plan.

    

    3.           Section
1.2  Employer shall mean Cingular Wireless or any of its subsidiaries
or affiliates, which participate in the Plan.

    

    4.           Section
1.4  Disability Benefit Plan shall mean the Disability Program of the
Cingular Wireless Health and Welfare Benefits Plan for Nonbargained
Employees.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    CINGULAR
WIRELESS SBC EXECUTIVE

    TRANSITION
LONG TERM DISABILITY PLAN

    

    

    1.           Section
1.1  "Plan" shall be mean:  The Cingular Wireless SBC
Executive Transition Long Term Disability Plan.  The purpose of this
plan is to provide supplemental disability coverage to the group disability
plan.  The Cingular Wireless SBC Executive Transition Long Term
Disability Plan is intended as a follow on and continuation of the SBC Senior
Management Long Term Disability Plan, as such Plan was in effect as of October
28, 2001.  The terms of the SBC Senior Management Long Term Disability
Plan in effect on October 28, 2001, except as herein amended, are incorporated
by reference and made a part of the Plan.

    

    2.           Any
reference to SBC Communications Inc. shall be deemed to reference Cingular
Wireless LLC.  Any reference to SBC shall be deemed to reference
Cingular Wireless.  Any reference to the SBC Pension Benefit Plan -
Nonbargained Program ("SBCPBP") shall be deemed to reference to the Cingular
Wireless Pension Plan.

    

    3.           Section
1.2  Employer shall mean Cingular Wireless or any of its subsidiaries
or affiliates, which participate in the Plan.

    

    4.           Section
1.4  Disability Benefit Plan shall mean the Disability Program of the
Cingular Wireless Health and Welfare Benefits Plan for Nonbargained
Employees.

    

    5.           Section
1.5  Mid-Career Pension Plan shall be deleted in its
entirety.  Any reference to this plan shall be deleted.

    

    6.           Section
1.6  Short Term Plan shall mean short term incentive awards granted
under the comparable Cingular Wireless plan, if any.

    

    7.           Section
1.7  Committee shall be amended to delete the last sentence in its
entirety.

    

    8.           Eligibility
and Participation.  Participation in the plan shall be limited to
those former SBC executives who (a) previously participated in the SBC Senior
Management Long Term Disability Plan, (b) were contributed to Cingular Wireless
as part of the formation of Cingular Wireless on or before December 31, 2001,
and (c) are specifically identified on Appendix B, hereto.  No other
Cingular Wireless employees are eligible to participate in or receive benefits
from the Cingular Wireless SBC Executive Transition Long Term Disability
Plan.

    

    9.           Section
1.8(b) shall be deleted in its entirety. Any reference to this plan shall be
deleted.

    

    10.           Section
1.10 Annual Basic Pay shall be amended insert the Cingular Wireless Cash
Deferral Plan in the place of the Senior Management Deferred compensation Plan
and to replace the SBC Communications Inc. Long Term Incentive Plan with the
comparable Cingular Wireless plan, if any.

    

    11.           Section
2.1(a) shall be amended to insert "first twenty-six week period" in the place of
"first fifty-two week period."

    

    12.           Section
2.1(b) shall be amended to insert "first twenty-six week period" in the place of
"first fifty-two week period."

    

    13.           Section
2.4(b) The Board of Directors shall mean the Cingular Wireless Board of
Directors.

    

    14.           Section
4 Medical Expense Benefits shall be amended to insert the Medical Program of the
Cingular Wireless Health and Welfare Benefits Plan for Nonbargained Employees
and the Dental Program of the Cingular Wireless Health and Welfare Benefits Plan
for Nonbargained Employees in place of the SBC Communications Inc. Medical
Expense Plan and Dental Expense Plan, respectively.

    

    15.           The
Plan shall be administered by the Senior Vice President - Human Resources of the
Employer and any individual or committee he designates to act on his behalf with
respect to any or all of his responsibilities hereunder.  Pursuant to
Section 6.3, the Senior Vice President - Human Resources shall be authorized to
modify or terminate the plan at any time.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    CINGULAR
WIRELESS SBC EXECUTIVE

    TRANSITION
EXECUTIVE HEALTH PLAN

    

    

    1.           Section
1 Purpose shall be amended as follows:  "The purpose of the Cingular
Wireless SBC Executive Transition Executive Health Plan is to provide eligible
employees and their eligible dependents with supplemental medical, dental and
vision benefits.  The Cingular Wireless SBC Executive Transition
Executive Health Plan is intended as a follow on and continuation of the SBC
Executive Health Plan, as such Plan was in effect as of October 28,
2001.  The terms of the SBC Executive Health Plan in effect on October
28, 2001, except as herein amended, are incorporated by reference and made a
part of the Plan."

    

    2.           Any
reference to SBC shall be deemed to reference Cingular Wireless
LLC.  Any reference to the SBC Pension Benefit Plan - Nonbargained
Program ("SBCPBP") shall be deemed a reference to the Cingular Wireless Pension
Plan.  Any reference to the SBC Communications Inc. Supplemental
Retirement Income Plan ("SRIP") shall be deemed to reference to the Cingular
Wireless SBC Executive Transition Supplemental Retirement Income
Plan.

    

    3.           Eligibility
and Participation.  Participation in the plan shall be limited to
those former SBC executives who (a) previously participated in the SBC Executive
Health Plan, (b) were contributed to Cingular Wireless as part of the formation
of Cingular Wireless on or before December 31, 2001, and (c) are specifically
identified on Appendix B, hereto.  No other Cingular Wireless
employees are eligible to participate in or receive benefits from the Cingular
Wireless SBC Executive Transition Executive Health Plan.

    

    4.           Chairman
shall mean the Senior Vice President - Human Resources.

    

    5.           Committee
shall mean the Cingular Wireless Benefits Committee as designated by the Senior
Vice President - Human Resources.

    

    6.           Section
2 Termination Under EPR is deleted in its entirety.

    

    7.           The
Plan shall be administered by the Senior Vice President - Human Resources of the
Employer and any individual or committee he designates to act on his behalf with
respect to any or all of his responsibilities hereunder.  Pursuant to
Section 8, the Senior Vice President - Human Resources shall be authorized to
modify or terminate the plan at any time.ex10eee.htm

    

     

    Exhibit
10-eee

     

    

     

    

     

    

     

    

     

    

     

    

     

    BELLSOUTH NONQUALIFIED DEFERRED
INCOME PLAN

     

    (As
amended and restated effective January 1, 1999)

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

    BELLSOUTH NONOUALIFIED
DEFERRED INCOME PLAN

     

    (As
amended and restated effective January 1, 1999)

     

    BellSouth
Corporation ("BellSouth")
established on the first (1st) day of September, 1985, the BellSouth
Nonqualified Deferred Income Plan ("Plan") for certain employees of BellSouth
and its subsidiaries. The Plan is hereby amended and restated effective as of
the 1st day of January, 1999, and, subject to the limitations contained in
Article 2 of the Plan, the Plan as so amended and restated shall hereafter apply
to all Deferral Agreements, including those executed before this effective date,
under the Plan.

     

    

    ARTICLE
I

    DEFINITIONS

    1.1         
"Base Salary" means the gross salary of the Participants, including the amount
of any before-tax basic and supplemental contributions to the BellSouth
Retirement Savings Plan or similar contributions to a comparable plan maintained
by a Participating Company and the amount of any other deferrals from gross
salary under any nonqualified deferred compensation plans which may be
maintained by a Participating Company from time to time.

    

    1.1(A)                    "CEO"
means the Chief Executive Officer of BellSouth.

    

    1.1(B)                    "Code"
means the Internal Revenue Code of 1986, as amended.

    

    1.2            "Compensation"
means Net Gross Monthly Salary.

    

    1.3            "Compensation
Rate" means the cash compensation of a Participant, including (i) annual Base
Salary rate in effect on the date the Deferral Agreement is executed, and (ii)
standard lump-sum award amount(s) in effect under incentive compensation
programs on the date the Deferral Agreement is executed. For Participants
employed by Participating Companies whose compensation structures do not readily
fit within this definition, Compensation Rate means cash compensation as defined
by the CEO.

    

    1.4            "Deferral
Agreement" means an agreement pursuant to which deferral elections under this
Plan are made and includes a standard Deferral Agreement, substantially in the
form of Exhibit A hereto, a Deferral Agreement for deferral of certain lump-sum
payments, substantially in the form of Exhibit B hereto, and other agreements
approved from time to time for use in connection with this Plan as described in
Article 2.

    

    1.5            "Employer"
means (i) BellSouth and (ii) any subsidiary of BellSouth authorized by BellSouth
to enter into Deferral Agreements pursuant to this Plan.

    

    1.5(A)  "ERISA"
means the Employee Retirement Income Security Act of 1974, as
amended.

    

    1.6            "Net
Gross Monthly Salary" means the amount of a Participant's Base Salary which
actually is paid to him or her in any month, net of all withholding, allotments,
and deductions other than any reduction as a result of participation in this
Plan.

    

    1.7            "Participant"
means an employee who is authorized by the CEO or his delegated representative
to participate in the Plan and to execute a Deferral Agreement.

     

    

    1.7(A)  "Plan
Administrator" shall mean the CEO and any individual or committee he designates
to act on his behalf with respect to any or all of his responsibilities
hereunder; provided, the CEO may designate any other person or committee to
serve as the Plan Administrator with respect to any or all of the administrative
responsibilities hereunder.

    

    1.8            "Plan
Year" means (i) January 1, 1986 through December 31, 1986 and (ii) each and
every calendar year thereafter through 1996. For certain Participants designated
by the CEO, "Plan Year" also means calendar year 1997 or calendar year
1998.

    

    1.8(A)
"Responsible Officer" means the officer elected by the Employer's Board of
Directors (or similar governing body) responsible for human resources matters
for the Employer.

    

    1.9            "Retirement"
means any termination by a Participant who is eligible for a pension, other than
a deferred vested pension, under the terms and conditions of the BellSouth
Personal Retirement Account Pension Plan, as amended from time to time, or
comparable plan maintained by the Participating Company employing the
Participant.

    

    With
respect to any Participant who, at the time eligibility for Retirement is
determined, is not eligible to participate in either the BellSouth Personal
Retirement Account Pension Plan or a comparable plan maintained by the
Participating Company employing the Participant, "Retirement" means the
termination of employment by the Participant if at such time (A) the sum of (i)
plus (ii) equals or exceeds seventy-five (75) years where (i) is the
Participant's whole years and whole months of age and (ii) is the Participant's
whole years and whole months of Net Credited Service, and (B) the Participant's
Net Credited Service is at least ten (10) years (the "Rule of 75"). For purposes
of the Rule of 75, Net Credited Service shall include the Participant's period
of service with any Subsidiary both prior to and after the time such Subsidiary
became a Subsidiary.

    

    Additionally,
"Retirement" means
(i) any termination by a Participant who is eligible for a service benefit under
terms and conditions of the BellSouth Corporation Supplemental Executive
Retirement Plan, (ii) any termination by a Participant who has attained age 62
or older and whose Net Credited Service is ten (10) years or more at the time of
employment termination, (iii) any termination by a Participant who separates
from service under the BellSouth Career Transition Assistance Plan (CTAP), the
BellSouth Enterprises Employee Career Transition Plan (ECTP), the BellSouth
Telecommunications, Inc. Career Transition Assistance Plan (BST CTAP), the
BellSouth Telecommunications, Inc. Career Transition Assistance
Plan-Professional (BST CTAP-P), the BellSouth Telecommunications, Inc. Employee
Separation Assistance Plan (ESAP), the BellSouth Telecommunications, Inc.
Competitive Management Restaffing Plan (CMRP), the BellSouth Telecommunications,
Inc. Leadership Repositioning Plan (LRP), the BellSouth Telecommunications, Inc.
Competitive Sourcing Transition Assistance Plan - Information Technology
(CSTAP-IT), the BellSouth Advertising & Publishing Corporation Voluntary
Management Separation Pay Plan (VMSPP), or a designated successor to any such
plan, or other severance arrangement approved by the CEO as applicable to this
Plan, and (iv) any termination by a Participant who separates from service under
the BellSouth Voluntary Transition Incentive Plan (VTIP) and whose Net Credit
Service is ten years or more at the time of such separation.

    

    1.10      "Disability"
means a condition as that term is defined in the BellSouth Long Term Disability
Plan for Salaried Employees, as amended from time to time, or comparable plan
maintained by the Participating Company employing the Participant. In the
absence of a comparable Participating Company sponsored disability plan, the
condition is based upon certification by the Board of Directors of the
Participating Company employing the Participant that the Participant is
disabled.

    

             1.11      "Participating
Company" means (i) BellSouth and (ii) any corporate Subsidiary at least eighty
percent (80%)of the capital stock of which is owned by BellSouth or by one or
more eighty percent (80%) owned Subsidiaries, which has been designated by
BellSouth for participation in this Plan.

    

    1.12      "Net
Credited Service" shall have the same meaning as is given such term in the
BellSouth Personal Retirement Account Pension Plan.

    

     

    1.13      "Subsidiary"
means any corporation other than BellSouth which is a member of the same
controlled group of corporations, within the meaning of Code Section 414(b), as
BellSouth and any trade or business (whether or not incorporated) which is under
common control with BellSouth, within the meaning of Code Section
414(c).

     

    

    ARTICLE
2

    TERM;
AMENDMENT

    This Plan
shall be effective until terminated by the CEO. This Plan originally provided
for 1986 through 1998 with Plan specifications and interest rates being
established by the CEO for each separate Plan Year. Notwithstanding the
foregoing, no deferrals will be permitted under the Plan except with respect to
the Plan Years described in Section 1.8 and then only to the extent authorized
by the CEO.

    

    This Plan
may be amended, renewed, or restated by the CEO. Notwithstanding the foregoing,
no contractual right created by and under any Deferral Agreement on the date of
termination or amendment shall be abrogated by the termination or amendment of
this Plan unless the Participant who executed such Deferral Agreement consents.
Participants have no other right or interest in the continuance of this Plan in
any form.

     

     

    ARTICLE
3

     

    ADMINISTRATION;
INTERPRETATION

    3.1            Claims
Procedure.

     

    (a)  Initial Claim. Claims
for benefits under the Plan may be filed with the Plan Administrator on forms or
in such other written documents, as the Plan Administrator may prescribe. The
Plan Administrator shall furnish to the claimant written notice of the
disposition of a claim within 90 days after the application therefor is filed.
In the event the claim is denied, the notice of the disposition of the claim
shall provide the specific reasons for the denial, citations of the pertinent
provisions of the Plan, and, where appropriate, an explanation as to how the
claimant can perfect the claim and/or submit the claim for review.

    

     

    (b)  Appeal. Any
Participant or Beneficiary who has been denied a benefit shall be entitled, upon
request to the Plan Administrator, to appeal the denial of his claim. The
claimant (or his duly authorized representative) may review pertinent documents
related to the Plan and in the Plan Administrator's possession in order to
prepare the appeal. The request for review, together with written statement of
the claimant's position, must be filed with the Plan Administrator no later than
60 days after receipt of the written notification of denial of a claim provided
for in Section 3.1(a). The Plan Administrator's decision shall be made within 60
days following the filing of the request for review. If unfavorable, the notice
of the decision shall explain the reasons for denial and indicate the provisions
of the Plan or other documents used to arrive at the decision.

     

    3.2             Interpretation. The
Plan Administrator shall have the exclusive responsibility and complete
discretionary authority to control the operation and administration of the Plan,
with all powers necessary to properly carry out such responsibility, including
without limitation the full and exclusive power (i) to interpret the terms of
this Plan and any Deferral Agreement, including the power to construe ambiguous
or uncertain terms (ii) to establish reasonable procedures with which
Participants must comply to exercise any right established under the Plan or any
Deferral Agreement, (iii) to determine status, coverage, eligibility for and the
amount of benefits, and all questions arising in connection therewith, and (iv)
to resolve all questions that arise in the operation and administration of this
Plan. The rights and duties of Participants and other persons and entities are
subject to, and governed by, such acts of administration, interpretations,
procedures, and delegations. All actions or determinations of the Plan
Administrator or its delegates under this Article 3 shall be final, conclusive
and binding on all persons.

    

    ARTICLE
4

    DEFERRAL
AGREEMENT

     

    4.1             Election to Defer. As
hereinafter provided and subject to acceptance by an Employer, (a) a Participant
may elect to reduce the amount of Compensation which will be paid to him or her
during any Plan Year by executing and delivering to his or her Employer in a
timely fashion a standard Deferral Agreement, substantially in the form of
Exhibit A hereto, and (b) a Participant may elect to reduce the amount of a
lump-sum payment to which he or she may become entitled prior to 1997 in
connection with separation under the BellSouth Career Transition Assistance Plan
(CTAP), the BellSouth Enterprises Employee Career Transition Plan (ECTP), the
BellSouth Telecommunications, Inc. Career Transition Assistance Plan (BST CTAP),
the BellSouth Telecommunications, Inc. Career Transition Assistance Plan
Professional (BST CTAP-P), the BellSouth Telecommunications, Inc. Employee
Separation Assistance Plan (ESAP), the BellSouth Telecommunications, Inc.
Competitive Management Restaffing Plan (CMRP), the BellSouth Telecommunications,
Inc. Leadership Repositioning Plan (LRP), the BellSouth Advertising &
Publishing Corporation Voluntary Management Separation Pay Plan (VMSPP), the
BellSouth Voluntary Transition Incentive Plan (VTIP) or a designated successor
to any such plan, or other severance arrangement approved by the CEO as
applicable to this Plan, by executing and delivering to his or her Employer in a
timely fashion a Deferral Agreement, substantially in the form of Exhibit B
hereto; provided that subsection (b) of this Section 4.1 shall apply to a
Participant separating under the BellSouth Voluntary Transition Incentive Plan
(VTIP) only if the Participant's Net Credited Service is ten (10) years or more
at the time of such separation.

     

    4.2            Creation of Contractual
Obligation. An Employer which accepts a properly executed and timely
delivered Deferral Agreement agrees to pay to the Participant or his or her
Designated Beneficiary, as defined in Section 6.1, the benefits described in
Article 5, which shall be calculated based upon (i) the amount deferred by each
Participant, (ii) interest rate established for each Plan Year by the CEO or his
delegate and applied to that amount annually, (iii) the time which elapses
between the Plan Year of deferral and the date of benefit payments, and (iv)
other factors established in this Plan and by the CEO or his
delegate.

     

    An
Employer's senior executive officer or Responsible Officer is authorized to
accept and approve a properly executed Deferral Agreement on behalf of that
Employer under Section 4.2.

     

    4.3             Timing of Election. A
Participant may execute and deliver to his or her Employer a standard Deferral
Agreement, substantially in the form of Exhibit A hereto, on or before November
30 of any calendar year to reduce the Participant's Compensation only for the
next subsequent Plan Year. In addition, a Participant may execute and deliver to
his or her Employer a Deferral Agreement, substantially in the form of Exhibit B
hereto, in connection with a lump-sum payment described in Section 4.1(b) of
this Plan within the time period prescribed by his or her Employer, but in no
event later than the day preceding the day on which individuals are selected for
separation under such program by the Employer.

     

    Notwithstanding
any other provisions of this Plan or any Deferral Agreement, no Deferral
Agreement shall be effective to defer Compensation (or other amounts) which is
earned by any Participant on or before the date upon which the Deferral
Agreement is properly executed and timely delivered to the Participant's
Employer.

     

    4.4          Amount of Deferral.
(a) A Participant may elect to defer during any Plan Year a dollar amount which
is less than or equal to a specified percent of his or her Compensation Rate
applicable to the Plan Year rounded to the next highest one thousand dollars.
The CEO shall establish the specified percent of the Compensation Rate
applicable to each Plan Year. Notwithstanding any provision of a Deferral
Agreement or this Plan to the contrary, the Deferral Agreement of a Participant,
with regard to a deferral described in this paragraph (a) shall be modified
automatically if necessary such that all actual reductions pursuant to his or
her Deferral Agreement are made from his or her Net Gross Monthly
Salary.

     

    (b)          A
Participant may elect to defer a portion of a lump-sum payment to which he or
she may become entitled as described in Section 4.1(b) in an amount not to
exceed (i) a dollar amount which is less than or equal to the maximum deferral,
if any, which such Participant could elect under paragraph (a) of this Section
4.4 at the time of election, and (ii) the dollar amount by which any election of
deferrals under paragraph (a) of this Section 4.4 for the Plan Year in which the
Participant terminates employment have not been satisfied at the time of
termination of employment, except as may be otherwise approved by the
CEO.

     

    

     

    ARTICLE
5

     

    PAYMENT OF
BENEFITS

     

    5.1           Retirement Benefit.
(a) If a Participant terminates employment with his or her Employer and is not
immediately reemployed by another Employer and such termination constitutes a
Retirement, then the Employer shall pay to the Participant the annual Retirement
benefit stated in his or her Deferral Agreements on those dates specified in
each Deferral Agreement. The Employer shall also make any Retirement benefit
payment to a Participant who has remained employed with the Employer (or with
another Employer) through the date specified for such payment in his or her
Deferral Agreement. Except as hereinafter provided, the Retirement benefit
payment(s) which will be stated in a Participant's Deferral Agreement shall be a
number of payments equal to the lesser of (i) fifteen (15) and (ii) the
remainder of eighty (80) minus the age at which Retirement benefit payments
commence pursuant to this Section. The Retirement benefit shall be paid as soon
as administratively practicable after the first (1st) day of January following
the calendar year in which the Participant attains age sixty-five (65). Any such
Deferral Agreement executed by a Participant which defers amounts which would
otherwise be payable to the Participant in or after the Plan Year in which he or
she attains age sixty-five (65), however, shall provide that the first
Retirement benefit payable shall be paid as soon as administratively practicable
after the first (1st) day of January following the later of (i) the fifth (5th)
anniversary of the date upon which the Deferral Agreement is accepted by the
Employer or (ii) his or her Retirement, and that the number of Retirement
benefit payments shall equal the remainder of (i) eighty (80) minus (ii) the age
at which Retirement benefit payments commence pursuant to this
Section.

     

    (b)  Notwithstanding
the provisions of paragraph (a) of this Section 5.1, to the extent authorized in
terms and conditions approved for a Plan Year by the CEO pursuant to Article 2
of this Plan, the Employer shall pay to the Participant the annual Retirement
benefit specified in his or her Deferral Agreements on those dates specified in
each Deferral Agreement which may differ from those specified in Section
5.1(a).

    

     

    (c)  If a
Participant is, on the date of termination, or becomes thereafter a proprietor,
officer, partner, or employee of, or otherwise is or becomes affiliated with (i)
any business that is in competition with any Employer or (ii) any government
agency having regulatory jurisdiction over the business activities of any
Employer, then, upon that date, no further benefit payments shall be made to the
Participant, or any other person with respect to the Participant's participation
in this Plan, under any provision or Section of this Plan, except that, the
Participant shall be paid in lump-sum as soon as administratively practicable
after the first (1st) day of January following that date an amount equal to (i)
the amount deferred pursuant to each of his or her Deferral Agreements, (ii)
plus interest on each such amount (adjusted to take into account all payments
described in clause (iii) below) credited separately at a rate equal to the rate
paid on ten (10) year United States Treasury obligations on each date for which
interest is credited, compounded quarterly, for each Plan Year between the Plan
Year to which the Deferral Agreement applies and the Plan Year in which the act
occurs or status is first attained, inclusive, (iii) minus the amount of all
Interim Distributions and any other payments hereunder. If the above calculation
results in a negative amount, such amount shall not be collected from, or
enforced against the Participant as a claim by his or her Employer.

     

    5.2             Interim
Distributions. A Participant shall be paid the benefits stated in
Paragraph 3 of his or her standard Deferral Agreements on those dates stated in
that paragraph of each such Deferral Agreement (herein referred to as "Interim
Distributions"). However, no Interim Distribution shall be stated in a Deferral
Agreement or paid to any Participant as a result of the Deferral Agreement if
the Participant is age fifty-five (55) or older on any day during the Plan Year
to which the Deferral Agreement applies. Except as may be otherwise specified by
the CEO, no Interim Distribution shall be paid to a Participant on or after the
date upon which the Participant or his or her Designated Beneficiary receives
any benefit or payment under any other Section of this Plan or any other
paragraph of his or her Deferral Agreement. No Interim Distribution shall be
paid in connection with any Deferral Agreement which does not specifically
provide for such benefits.

     

    5.3             Death Benefit. If a
Participant dies on or before the date upon which he or she is eligible for
Retirement, then his or her Designated Beneficiary, as defined in Section 6.1,
shall be paid in a lump-sum as soon as administratively practicable after the
first day of January following his or her date of death an amount equal to: (i)
the amount deferred pursuant to each of his or her Deferral Agreements, (ii)
plus interest on each such amount (adjusted to take into account all payments
described in clause (iii) below) credited separately at the rate approved for
and applicable to his or her participation in each Plan Year for which he or she
executed accepted Deferral Agreements, such rates to be compounded quarterly for
each Plan Year between the Plan Year to which the Deferral Agreement applies and
the Plan Year in which his or her death occurs, inclusive, (iii) minus the
amount of all Interim Distributions, if any, received by the Participant or to
which the Participant is entitled on or before the date of his or her death. If
the above calculation results in a negative amount, such amount shall not be
collected from, or enforced against the Participant as a claim by his or her
Employer.

     

    If a
Participant dies on or after the date upon which he or she is eligible for
Retirement (as defined in Section 1.9), whether or not he or she has in fact
terminated employment, prior to commencing receipt of benefits, or having
received all benefits, as the case may be, payable in accordance with the duly
authorized Deferral Agreement under this Plan, except as provided under Section
5.4, then his or her Designated Beneficiary, as defined in Section 6.1, shall
receive all benefits, or continue to receive the remaining benefits, as the case
may be, in accordance with that Deferral Agreement.

     

    If the
Participant's Designated Beneficiary receives or is entitled to receive a
benefit hereunder, then no person or persons shall receive or be entitled to
receive any benefit or payment under any other Section or this Plan or under any
Deferral Agreement, notwithstanding any other provision of this Plan or any
Deferral Agreement.

     

    5.4         Pre-Retirement Disability
Benefit. If a Participant suffers a Disability or becomes Disabled (as
defined in Section 1.10) prior to the date upon which he or she receives or is
entitled to receive a benefit under Section 5.1 or Section 5.3, then he or she
shall be paid by the Employer in a lump-sum as soon as administratively
practicable after the first (1st) day of January following the Plan Year in
which the Disability occurs an amount equal to: (i) the amount deferred pursuant
to each of his or her Deferral Agreements, (ii) plus interest on each such
amount (adjusted to take into account all payments described in clause (iii)
below) credited separately at the rate approved for and applicable to his or her
participation in each Plan Year for which he or she executed accepted Deferral
Agreements, such rates to be compounded annually for each Plan Year between the
Plan Year to which the Deferral Agreement applies and the Plan Year in which his
or her Disability occurs, inclusive, (iii) minus the amount of all Interim
Distributions, if any, received by the Participant or to which the Participant
is entitled on or before the date of onset of Disability. If the above
calculation results in a negative amount, such amount shall not be collected
from, or enforced against the Participant as a claim by his or her Employer. If
the Participant receives or is entitled to receive a benefit hereunder, then no
person or persons shall receive or be entitled to receive any benefit or payment
under any other section of this Plan or under any Deferral Agreement,
notwithstanding any other provisions of this Plan or any Deferral
Agreement.

     

    5.5            Termination of Employment
Prior to Retirement orDisability. If a
Participant terminates employment with his or her Employer, and is not
immediately reemployed by another Employer, prior to death, Disability or
Retirement, then a benefit amount shall be paid to the Participant, either in a
lump-sum or in five (5) annual installments, at the election of the CEO, payable
as soon as administratively practicable after the first (1st) day of January
following his or her date of termination (and anniversaries thereof in case of
installments), which amount equals (i) the amount deferred pursuant to each of
his or her Deferral Agreements, (ii) plus interest on each such amount (adjusted
to take into account all payments described in clause (iii) below) credited
separately at a rate equal to the rate on ten (10) year United States Treasury
obligations on each date for which interest is to be credited, compounded
quarterly, for each Plan Year between the Plan Year to which the Deferral
Agreement applies and the Plan Year in which the termination occurs, inclusive,
(iii) minus the amount of all Interim Distributions, if any, received by the
Participant or to which the Participant is entitled on or before the date of his
or her termination. Notwithstanding the foregoing, with respect to each
Participant described in the preceding sentence who terminates employment under
a severance plan or arrangement approved by the Employer's Responsible Officer
(or the Plan Administrator) for purposes of this Section 5.5, the rate of
interest described in clause (ii) of the preceding sentence shall be the rate
approved for and applicable to his or her participation in each Plan Year for
which he or she executed accepted Deferral Agreements, and such interest shall
be compounded annually. If the above calculation results in a negative amount,
such amount shall not be collected from, or enforced against the Participant as
a claim by his or her Employer. If the Participant receives or is entitled to
receive a benefit hereunder, then no person or persons shall then or thereafter
receive any benefit or payment under any other Section of this Plan or any
Deferral Agreement, notwithstanding any other provision of this Plan or any
Deferral Agreement.

     

    5.6             Certain Rotational
Assignments. In the event that a Participant is transferred to Bellcore
or to any other subsidiary of BellSouth that is not a Participating Company, and
under circumstances where it is expected that such Participant will return to
employment with BellSouth or another Employer, then (1) such transfer will not
be considered a termination of employment under Section 5.5, (2) such
Participant's Compensation deferrals shall cease as of the date of such transfer
and (3) his Deferral Agreement in effect for the year of transfer shall
automatically be amended by his Employer to reduce his Retirement benefits and
Interim Distributions to equal the percentage of such payments equal to the
percentage that his actual Compensation deferrals made for the year of transfer
are of his elected Compensation deferrals for such year. Such a Participant
shall be deemed to have terminated employment under Section 5.5 if, and as of
the date, that he terminates employment with Bellcore or such other applicable
company and fails to return to employment with BellSouth or other Employer, or
he otherwise fails to meet the terms of his rotational assignment.

     

    

     

    

    ARTICLE
6

    MISCELLANEOUS

     

    6.1             Beneficiary
Designation. If a Participant dies and, on the date of his or her death,
any benefit or benefits remain to be paid to the Participant under the terms and
conditions of this Plan, the remaining benefit or benefits shall be paid to that
person or persons designated by the Participant ("Designated Beneficiary") on
the form provided from time to time to the Participant by his or her Employer in
accordance with the Deferral Agreement. If the Designated Beneficiary dies prior
to completion of all payments under the Deferral Agreement, the estate of the
Designated Beneficiary shall be paid by the Employer in a lump-sum as soon as
administratively practicable after the first (1st) day of January following the
year in which the Designated Beneficiary died. The amount of the lump-sum will
be equal to (i) the amount deferred pursuant to each of the Participant's
Deferral Agreements, (ii) plus interest on each such amount (adjusted to take
into account all payments described in clauses (iii) and (iv) below) credited
separately at the rate approved for and applicable to the Participant's
participation in each Plan Year from which he or she executed accepted Deferral
Agreements, such rates to be terminated employment under Section 5.5 if, and as
of the date, that he terminates employment with Bellcore or such other
compounded quarterly for each Plan Year between the Plan Year to which the
Deferral Agreement applies and the Plan Year in which the Designated
Beneficiary's death occurs, inclusive, (iii) minus the amount of all Interim
Distributions, if any received by the Participant or Designated Beneficiary,
(iv) minus the Retirement benefits paid to the Participant or Designated
Beneficiary pursuant to the Deferral Agreement(s). If the above calculation
results in a negative amount, such amount shall not be collected from, or
enforced against the estate of the Designated Beneficiary. If no Designated
Beneficiary has been chosen by the Participant or if the Designated Beneficiary
is not living on the date of the Participant's death, the estate of the
Participant shall be paid by the Employer in a lump-sum as soon as
administratively practicable after the first (1st) day of January following the
year in which the Participant died. The amount of the lump-sum shall be
determined in the manner described previously in this Section 6.1.

     

    6.2            Obligations of Employers Not
the Obligations of BellSouth. The duties and obligations of each Employer
hereunder are several but not joint, each Employer is only liable to its own
employees who are Participants hereunder, and BellSouth is not liable for the
actions, omissions, duties or obligations of any other Employer
hereunder.

     

    6.3             Recalculation Events;
Treatment of this Plan under Applicable Federal Income Tax Laws. The
adoption and maintenance of the Plan is strictly conditioned upon (i) the
applicability of Code Section 451(a) to the Participant's recognition of gross
income as a result of his or her participation, (ii) the fact that Participants
will not recognize gross income as a result of participation in this Plan until
and to the extent that benefits are received, (iii) the applicability of Code
Section 404(a)(5) to the deductibility of the amounts paid to Participants
hereunder, (iv) the fact that an Employer will not receive a deduction for
amounts credited to any accounting reserve created as a result of this Plan
until and only to the extent that benefits are paid, and (v) the inapplicability
of Parts 2, 3, and 4 of Title I of ERISA to this Plan by reason of the
exemptions set forth in ERISA Sections 201(a), 301(a) and 401(a) and Part 1 of
ERISA by reason of the exemption set forth in Section 2520.104-23 of applicable
United States Department of Labor regulations. If the Internal Revenue Service,
the Department of Labor or any court determines or finds as a fact or legal
conclusion that any of the above conditions is untrue and issues or intends to
issue an assessment, determination, opinion or report stating such, or if the
opinion of the legal counsel of BellSouth based upon legal authorities then
existing is that any of the above assumptions is incorrect, then, if the CEO so
elects within one year of such finding, determination, or opinion, a
Recalculation Event shall be deemed to have occurred.

     

    If a
Recalculation Event occurs under this Section 6.3, Section 6.4, or any other
Section of this Plan, then each Participant who has not attained the age of
fifty-five (55) years on the date on which the CEO takes official action to
elect the occurrence of a Recalculation Event shall thereafter be paid benefits
in accordance with the election made irrevocably in connection therewith in the
Deferral Agreement. For each such Participant the amount of Retirement benefit
stated in the Deferral Agreement shall be recalculated and restated using a rate
of interest equal to the rate of interest on ten (10) year United States
Treasury obligations on each date upon which interest should have been or will
be calculated, compounded quarterly, instead of the interest rate assumed in
originally calculating the benefit, as referenced in Section 4.2.

     

    Notwithstanding
anything to the contrary contained in this Plan or a Deferral Agreement, the
benefits payable with respect to any Participant who shall have either (i)
attained the age of fifty-five (55) years or (ii) died, on or prior to the date
on which the CEO takes official action to elect the occurrence of a
Recalculation Event under either Sections 6.3 or 6.4 of this Plan, shall not be
recalculated and restated in the manner described in such Sections or in any
other way affected by such action. If such Participant or Designated Beneficiary
receives or is entitled to receive a benefit as result of the occurrence of a
Recalculation Event, then no person or persons shall receive or be entitled to
receive any benefit or payment under any other Section of this Plan or under any
Deferral Agreement, notwithstanding any other provision of this Plan or the
Deferral Agreement.

     

    6.4              Changes in the Internal
Revenue Code of 1954. The adoption and maintenance of this Plan also is
strictly conditioned upon the existence and continuation of the percentage tax
rates for corporations stated in Section 11(b) of the Internal Revenue Code of
1954, as amended
through August 13,1981 but not thereafter (the "1954 Code"). In particular, the
adoption and maintenance of this Plan is strictly conditioned upon the rate of
tax stated in Section 1 l (b)(5) of the 1954 Code, that is, "46 percent of so
much of the taxable income as exceeds $100,000." If (1) 1954 Code Section 11(b)
is deleted or amended or a surtax or other addition to tax is imposed and, as a
result thereof, the rate of federal income tax imposed on taxable income of
corporations in excess of One Hundred Thousand Dollars ($100,000) is reduced
below such rate in effect immediately before reduction and is less than forty
percent (40%), (2) a tax is imposed by the federal government on income, sales,
consumption, or the value of goods and services which is not currently contained
in the Code, or (3) the Code is amended or restated so extensively that in the
opinion of the legal counsel of BellSouth the tax treatment of this Plan to the
Employer has materially changed to the detriment of the Employer, then, if the
CEO so elects within one year after the enactment of the legislation causing
such event, a Recalculation Event shall be deemed to have occurred and a benefit
will be payable only as described in Section 6.3.

     

    6.5       Governing Law. This
Plan and the Deferral Agreements shall be construed in accordance with the laws
of the State of Georgia to the extent such laws are not preempted by
ERISA.

     

    6.6            Successors, Mergers,
Consolidations. The terms and conditions of this Plan and each Deferral
Agreement shall inure to the benefit of and bind BellSouth, the other Employers,
the Participants, their successors, assigns, and personal representatives. If
substantially all of the assets of any Employer are acquired by another
corporation or entity or if an Employer is merged into, or consolidated with,
another corporation or entity, then the obligations created hereunder and as a
result of the Employer's acceptance of Deferral Agreements shall be obligations
of the successor corporations or entity.

     

    6.7            Discharge of Employer's
Obligation. The payment by the Employer of the benefits due under each
and every Deferral Agreement to the Participant or to the person or persons
specified in Section 6.1 discharges the Employer's obligations hereunder, and
the Participant has no further rights under this Plan or the Deferral Agreements
upon receipt by the appropriate person of all benefits. In addition, (i) if any
payment is made to a Participant or his or her Designated Beneficiary with
respect to benefits described in this Plan from any source arranged by the
Employer including, without limitation, any fund, trust, insurance arrangement,
bond, security device, or any similar arrangement, such payment shall be deemed
to be in full and complete satisfaction of the obligation of the Employer under
this Plan and the Deferral Agreements to the extent of such payment as if such
payment had been made directly by the Employer; and (ii) if any payment from a
source described in clause (i) above shall be made, in whole or in part, prior
to the time payment would be made under the terms of this Plan and the Deferral
Agreement, such payment shall be deemed to satisfy the Employer's obligation to
pay Plan benefits beginning with the benefit which would next become payable
under the Plan and the Deferral Agreement and continuing in the order in which
benefits are so payable, until the payment from such other source is fully
recovered. In determining the benefits satisfied by a payment described in
clause (ii), Plan benefits, as they become payable, shall be discounted to their
value as of the date such actual payment was made using an interest rate equal
to the valuation interest rate for deferred annuities as last published by the
Pension Benefit Guaranty Corporation prior to the date of such actual payment.
If the benefits which actually become payable under this Plan, after applying
the discount described in the preceding sentence, are less than the amount of
the payment(s) described in clause (ii), any such shortfall shall not be
collected from or enforced against the Participant as a claim by the
Employer.

     

    6.8             Social Security and Income
Tax Withholding. Each Participant agrees as a condition of participation
hereunder that his or her Employer may withhold federal, state, and local income
taxes and Social Security taxes from any distribution or benefit paid
hereunder.

     

    6.9       Notice; Delivery of Deferral
Agreement. Any notice required to be delivered hereunder and any Deferral
Agreement is properly delivered to the Employer when personally delivered to, or
actually received from the United States mail, postage prepaid, by Executive
Compensation and Benefits Group, Room 13J08, BellSouth Corporation, 1155
Peachtree St., N.E., Atlanta, Georgia 30309-3610.

     

    6.10     Nature of Obligations
Created Hereunder. The Participants agree as a condition of participation
hereunder that:

     

    (a)             Participants
have the status of general, unsecured creditors of the Employer and the Plan and
the Deferral Agreements constitute the mere promise by the Employer to make
benefit payments in the future;

     

    (b)             nothing
contained in this Plan or any Deferral Agreement shall create or be construed to
create a trust of any kind between BellSouth, any Employer, and any
Participant;

     

    (c)  benefits
payable, and rights to benefits under, this Plan and Deferral Agreements may not
be anticipated, sold, assigned (either at law or in equity), transferred,
pledged, encumbered or subject to attachment, garnishment, levy, execution or
other legal or equitable process.

     

    The Plan
is intended to be unfunded for purposes of ERISA and the Code.

     

    6.11     No Modification of
Employment Agreement. Neither this Plan nor any Deferral Agreement
constitutes a modification of any employment agreement which may exist between
the Participant and the Participating Company employing the Participant, and no
right to continued employment is created by this Plan or the Deferral
Agreement.

     

    6.12     Liability of Employers for
Individual Participants Employed by More than One Employer; Applicability of
Deferral Agreement Filed with One Employer to Subsequent Employers. Any
Deferral Agreement which is timely executed and delivered to an Employer shall
be effective to defer Compensation earned by the Participant from that Employer
or any other Employer during the period in which the Deferral Agreement is
effective. The execution and delivery of a Deferral Agreement by a Participant
constitutes an election by the Participant to defer Compensation earned from any
Employer under the terms of this Plan. A Participant who timely executes and
delivers a Deferral Agreement to one Employer and who subsequently transfers to
another Employer or otherwise terminates employment and becomes employed by
another Employer shall have the Compensation which is paid to him or her by both
Employers reduced under the terms of the Deferral Agreement and this Plan as if
the transfer or termination and reemployment had not occurred. The Employer
which accepts an executed, timely delivered Deferral Agreement is liable to the
Participant for all benefits which may be payable under, and as a result of,
that Deferral Agreement notwithstanding the transfer of a Participant to or from
another Employer, or the termination and reemployment of a Participant by
another Employer. If a Participant timely executes and delivers Deferral
Agreements to more than one Employer, each Employer is singly and not jointly
liable for the Deferral Agreement or Deferral Agreements which it accepted. Any
provision of this Plan which refers to a benefit or payment which is payable as
a result of more than one (1) Deferral Agreement shall be construed to apply
only to the Deferral Agreements delivered by that Participant and accepted by
each separate Employer of that Participant, and not to all Deferral Agreements
executed and timely delivered by one Participant or all Participants to all
Employers, each Deferral Agreement which incorporates the terms of this
constituting a separate contractual obligation of a single
Employer.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      Exhibit
A

    

    DEFERRAL
AGREEMENT

     

    FOR THE BELLSOUTH
NONQUALIFIED DEFERRED INCOME PLAN

     

     

    1.  Amount of Deferral.
I,                                                             ,
hereby agree to participate in the BellSouth Nonqualified Deferred Income Plan
("Plan"). I have read the Plan in its entirety and agree to its terms and
conditions, which are incorporated herein by reference. Pursuant to the terms of
the Plan, I elect to defer from my compensation to be paid to me in Plan Year
______ the sum of ______________ Dollars. I understand that my Compensation
which ordinarily would be paid to me in that Plan Year will be reduced by the
amount of my deferral, and that such reduction will be made only from my gross
monthly salary, not from any bonus or incentive award which may be payable to
me.

     

    2.  Retirement Benefits.
In consideration for my deferral, my Employer shall pay to me the following
benefits on the dates specified, if I am entitled to these benefits under the
terms and conditions of the Plan:

     

    3.  Interim
Distributions. In consideration for my deferral, my Employer shall pay to
me the following benefits on the dates specified, if I am entitled to these
benefits under the terms and conditions of the Plan:

     

    4.  Recalculation Event.
If a Recalculation Event applicable to me occurs, my Employer shall pay to me
benefits in an amount determined in accordance with the terms and conditions of
paragraph 6.3 of the Plan paid in accordance with the terms elected below. The
undistributed balance of the recalculated amount will continue to accumulate at
the reduced rate specified in paragraph 6.3 of the Plan.

     

    
      	
               

            	
              -

            	
              Recalculated
      amount paid in a LUMP-SUM in the year following the Recalculation
      Event.

            

    

     

    
      	
               

            	
              -

            	
              Recalculated
      amount paid in FOUR ANNUAL PAYMENTS beginning in the year following the
      Recalculation Event.

            

    

     

    
      	
               

            	
              -

            	
              Recalculated
      amount paid in SAME NUMBER of payments beginning  on the same
      date as specified in paragraph 2 of this
  Agreement.

            

    

     

    (All
amounts are to be paid as on as administratively practicable after the first of
the specified year.)

     

    5.  Election Irrevocable.
This election is irrevocable after
November 30 immediately preceding the Plan Year to which this Agreement
pertains.

     

    6.  Primacy of Plan. I
recognize that I am entitled to benefits hereunder and that this Agreement is
subject to the terms and conditions of the Plan.

     

    

     

    Participant:                                                   Accepted
by Employer:

     

                                                              

    Name
(Print)                                                Name
of Employer

     

    

     

                                                                         By:

     

    Signature                                                      Its:

     

                                                                                          Title

     

                                                                

     

    Date                                                               Date

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      Exhibit
B

    

    DEFERRAL
AGREEMENT

    FOR THE BELLSOUTH
NONQUALIFIED DEFERRED INCOME PLAN

    (For
Deferral of Lump-Sum Payments)

     

     

     

    THIS
AGREEMENT is made this ____ day of __________, 19__, by and

    between                                                 (the
"Company")
and                                                                       (the
"Employee");

     

    WITNESSETH:

     

    WHEREAS,
the Employee may separate from service with the Company under the terms of an
eligible separation plan or arrangement sponsored by the Company (hereinafter,
the "Separation Plan"); and

     

    WHEREAS,
the BellSouth Nonqualified Deferred Income Plan (the "Plan") permits the
Employee to elect irrevocably to defer a portion of the lump-sum separation
allowance to which he may become entitled thereunder, and the Employee desires
to make such deferral;

     

    
      	
               

            	
              NOW,
      THEREFORE, it is mutually agreed as
follows:

            

    

     

    1.

     

    PLAN PROVISIONS
CONTROL

     

    The Plan,
including all terms, conditions, restrictions and limitations contained therein,
is hereby incorporated by reference and made a part of this Agreement for all
purposes. The terms and conditions applicable to the plan year of the Plan in
which the Employee separates from service shall apply to deferrals hereunder. In
interpreting the Plan for purposes of this Agreement, the lump-sum separation
allowance payable under the Separation Plan shall not be included in the
Employee's "Compensation Rate"
as that term is used in the Plan.

     

     

    2.  

     

    CONDITIONAL
DEFERRAL

     

    The
deferral election contained herein shall be irrevocable by the Employee upon its
submission to the Company but shall be expressly conditioned upon the Employee's
separation from service under the Separation Plan. If the Employee does not
separate from service under the Separation Plan, this Agreement shall be null
and void. Neither the Company's offering of this deferral opportunity to the
Employee, the Company's acceptance of the Employee's deferral election contained
in this Agreement, nor any other provision hereof shall in any way be construed
as conferring upon the Employee any right or entitlement to any payment under
the Separation Plan.

     

    3.  

     

    DEFERRAL
ELECTION(S)

     

    (a)  Subject
to the Plan's limitations, the Employee hereby irrevocably elects to defer from
the lump-sum separation allowance payable under the Separation Plan
___________________________ Dollars ($_________).*

     

    
      	
               

            	
              *NOTE:

            	
              Amount
      may not exceed __% of the sum of your current annual base salary and
      lump-sum awards received in the previous twelve (12)
    months.

            

    

     

    YES  __                         NO  __

     

    (b)  The
Employee hereby irrevocably elects to defer from the lump-sum separation
allowance payable under the Separation Plan the dollar amount by which any
election of deferrals from base salary under the Plan for the plan year of the
Plan in which the Employee separates from service has not been satisfied by the
time the Employee separates.

     

    YES                    NO

     

    Such
amounts shall be subject to the terms of the original Deferral Agreement to
which they relate.

     

     

    I
understand that the lump-sum separation allowance payable under the Separation
Plan which would otherwise have been paid to me will be reduced by the amount of
my deferral(s).

     

    4.  

     

    RETIREMENT
BENEFITS

     

     

    In
consideration of my deferral described in section 3(a) above, if any, the
Company shall pay to me the following benefits on the dates specified, if I am
entitled to these benefits under the terms and conditions of the
Plan:

     

    Any
distributions attributable to deferral(s) under Schedule B of the Plan shall be
made beginning on   in   annual
payments.

     

     

    5.  

     

    INTERIM
DISTRIBUTIONS

     

     

    In
consideration for my deferral described in section 3(a) above, if any, the
Company shall pay to me the following benefits on the dates specified, if I am
entitled to these benefits under the terms and conditions of the
Plan:

     

    6.

     

    RECALCULATION
EVENT

     

     

    If a
Recalculation Event occurs, the Company shall pay to me benefits in an amount
determined in accordance with the terms and conditions of paragraph 6.3 of the
Plan paid in accordance with the terms elected below. The undistributed balance
of the recalculated amount will continue to accumulate at the reduced rate
specified in paragraph 6.3 of the Plan.

     

    
      	
               

            	
              -

            	
              Recalculated
      amount paid in a lump-sum as soon as administratively practicable after
      the first day of the year following the date of the Recalculation
      Event.

            

    

     

    
      	
               

            	
              -

            	
              Recalculated
      amount paid in four annual payments beginning as soon as administratively
      practicable after the first day of the year following the date of the
      Recalculation Event.

            

    

     

     

    
      	
               

            	
              -

            	
              Recalculated
      amount paid in same number of payments beginning on the same date as
      specified in paragraph 4 of this
Agreement.

            

    

     

    IN
WITNESS WHEREOF, the Company has caused this Agreement to be executed in its
corporate name by a duly authorized officer, and the Employee has hereunto set
his hand, as of the date set forth above.

     

     

    EMPLOYEE:                                                         THE
COMPANY:

     

                                                              

    Name
(Print)                                                         Name
of Company

     

    

    

                                                                                 By:

    Signature                                                                                   Signature

     

                                                                                 
                      Title

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00137-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00137-of-00352.parquet"}]]