Document:

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        AMENDMENT NO. 1 TO PROFESSIONAL BUSINESS MANAGEMENT AGREEMENT

     This Amendment No. 1 to Professional Business Management Agreement
("Amendment") is entered into as of June __, 2000 by and between Visionary
MSO, Inc., a Delaware corporation ("Professional Business Manager"), and Hour
Eyes Doctors of Optometry, P.C., a Virginia professional corporation formerly
known as Dr. Samits' Hour Eyes Optometrist, P.C. (the "Practice").

                             W I T N E S S E T H:

     WHEREAS, Professional Business Manager and the Practice have previously
entered into that certain Professional Business Management Agreement, dated
September 30, 1997 (the "Professional Business Management Agreement"), by and
between Professional Business Manager and the Practice, whereby Professional
Business Manager provides certain services to the Practice;

     WHEREAS, Professional Business Manager and the Practice desire to amend
the Professional Business Management Agreement; and

     WHEREAS, capitalized terms not otherwise defined herein shall have the
meaning ascribed to such terms in the Professional Business Management
Agreement.

     NOW, THEREFORE, in consideration of the premises and mutual covenants
and agreements of the parties hereinafter contained, the parties hereby agree
as follows:

     1.     AMENDMENT TO SECTION 2.6. Section 2.6 of the Professional
Business Management Agreement shall be amended to delete clauses (ii) and
(iii) from the proviso in the next to last sentence of Section 2.6. After
giving effect to such amendment, Section 2.6 shall read in its entirety as
follows:

            "2.6     FORMATION AND OPERATION OF THE PRACTICE ADVISORY
     COUNCIL. The Parties hereby establish a Practice Advisory Council
     which shall be responsible for advising Professional Business
     Manager and the Practice with respect to developing the Office and
     implementing management and administrative policies for the overall
     operation of the Office and for providing dispute resolution on
     certain matters. The Practice Advisory Counsel shall consist of six
     (6) members. Professional Business Manager shall designate, in its
     sole discretion, two (2) members of the Practice Advisory council
     or may have one (1) member with two (2) votes. The Practice shall
     designate, in its sole discretion, two (2) members of the Practice
     Advisory Council or may have one (1) member with two (2) votes.
     Retail Business Manager shall designate, in its sole discretion,
     two (2) members of the Practice Advisory Council or may have one
     member with two (2) votes. The Practice Advisory Council members
     selected by the Practice shall be full-time Professional employees
     of the Practice. Each Party's representatives to the Practice
     Advisory Council shall have the authority to make decisions on
     behalf of the respective Party. Except as may otherwise be
     provided, the act of a majority of the members of the Practice
     Advisory Council shall be the act of the Practice Advisory Council,
     provided that the affirmative vote of the Practice member(s) shall
     be required on all votes of the Practice Advisory Council. The
     decisions, resolutions, actions, or recommendations of the Practice
     Advisory Council shall be implemented by Professional Business
     Manager, Retail Business Manager or the Practice, as appropriate."

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     2.     NO FURTHER MODIFICATION. Except as hereby amended, the
Professional Business Management Agreement shall remain in full force and
effect without modification or change, and shall be binding upon and inure to
the benefit of the parties and their respective successors, heirs, devisees,
assigns, legal representatives, executors and administrators.

     3.     COUNTERPARTS. This Amendment may be executed in any number of
counterparts, each of which shall be deemed an original and all of which
together shall constitute one and the same instrument.

     IN WITNESS WHEREOF, Professional Business Manager and the Practice have
caused this Amendment to be executed by their authorized officers as of the
date first above written.

                                        VISIONARY MSO, INC.,

                                        By:
                                           ----------------------------------
                                           Alan E. Wiley, Executive
                                           Vice-President

                                        HOUR EYES DOCTORS OF OPTOMETRY, P.C.

                                        By:
                                           ----------------------------------
                                           Daniel Poth, O.D., President

                                       2<PAGE>

                                                                  EXHIBIT 10.15

                           THOMAS & BETTS CORPORATION
                            EXECUTIVE RETIREMENT PLAN

                           AS AMENDED DECEMBER 5, 2000

                                  INTRODUCTION

Thomas & Betts Corporation (the "Company") has adopted this Executive Retirement
Plan effective as of September 2, 1992, as amended on December 16, 1993,
February 5, 1997, June 4, 1997, December 1, 1999, June 7, 2000 and as further
amended on December 5, 2000, to provide additional retirement income and death
benefit protection to certain officers of the Company in recognition of their
contribution to the Company in carrying out senior management responsibilities.
The terms and conditions of participation and benefits under this Executive
Retirement Plan are set out in this document.

All benefits payable under this Plan, which is intended to constitute a
non-qualified, unfunded deferred compensation plan for a select group of
management employees under Title I of the Employee Retirement Income Security
Act of 1974, as amended ("ERISA"), shall be paid out of the general assets of
the Company.

                             ARTICLE I. DEFINITIONS

1.01     "ACTUARIAL EQUIVALENT" shall mean the equivalent value when computed
         based on the UP-84 Mortality Table and an interest rate equal to 100
         percent of the interest rate which would be used by the Pension Benefit
         Guaranty Corporation (under the pre-11/l/93 methodology) for valuing
         immediate annuities for single employer plans that terminate

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         on the first day of the month in which the Eligible Employee's Benefit
         payments commence (the "PBGC Interest Rate").

1.02     "AFFILIATED COMPANY" shall mean any company not participating in the
         Plan which is a member of a controlled group of corporations (as
         defined in Section 414(b) of the Code) which also includes as a member
         the Company; any trade or business under common control (as defined in
         Section 414(c) of the Code) with the Company; any organization (whether
         or not incorporated) which is a member of an affiliated service group
         (as defined in Section 414(m) of the Code) which includes the Company;
         and any other entity required to be aggregated with the Company
         pursuant to regulations under Section 414(o) of the Code.

1.03     "AVERAGE MONTHLY COMPENSATION" shall mean the average monthly
         Compensation of an Eligible Employee during any sixty (60) consecutive
         months during his employment with the Company or an Affiliated Company
         affording the highest such average. Compensation for this purpose shall
         mean Compensation as defined in Section 1.10. For purposes of
         determining Average Monthly Compensation, noncontiguous months of
         employment interrupted by periods of fewer than twelve (12) months in
         which the Employee is not employed shall be treated as consecutive. If
         the Eligible Employee has fewer than 60 consecutive full months of
         employment, Average Monthly Compensation shall be the monthly average
         for all full months of employment completed by such Eligible Employee.
         Notwithstanding the foregoing, if an Eligible Employee has
         noncontiguous periods of employment and his most recent period of
         employment

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         commenced at least twelve (12) full calendar months after
         the last day of his immediate prior period of employment, his Average
         Monthly Compensation shall be determined solely on the basis of his
         most recent period of employment.

1.04     "BENEFICIARY" shall mean the person or persons designated by an
         Eligible Employee as beneficiary in a time and manner determined by the
         Committee. If the Eligible Employee fails to designate a Beneficiary or
         if the Beneficiary predeceases the Eligible Employee, the Eligible
         Employee's spouse shall be the Beneficiary or if no spouse survives the
         Eligible Employee, the Eligible Employee's estate shall be the
         Beneficiary. An Eligible Employee may change his designated Beneficiary
         in a time and manner determined by the Committee.

1.05     "BENEFIT" shall mean the payments payable under Article 2 of this Plan.

1.06     "BOARD OF DIRECTORS" shall mean the Board of Directors of Thomas &
         Betts Corporation.

1.07     "CODE" shall mean the Internal Revenue Code of 1986, as amended from
         time to time.

1.08     "COMMITTEE" shall mean the Company's Human Resources Committee of the
         Board of Directors, any successor or substitute committee thereto, or,
         during any period of time when no such committee is in existence, the
         Company's entire Board of Directors.

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1.09     "COMPANY" shall mean the Thomas & Betts Corporation or any successor by
         merger, purchase or otherwise, with respect to its employees and such
         affiliated companies authorized by the Board of Directors, on such
         terms and conditions as the Board may determine, to participate in the
         Plan.

1.10     "COMPENSATION" shall mean the base cash compensation paid to an
         Eligible Employee in respect of each month for services rendered to the
         Company by such Eligible Employee, plus the amount paid pursuant to the
         provisions of the Executive Incentive Plan and the Management Incentive
         Plan or such substitute or similar plans, determined prior to any
         pre-tax contributions under a "qualified cash or deferred arrangement"
         (as defined under Section 401(k) of the Code and its applicable
         regulations) or under a "cafeteria plan" (as defined under Section 125
         of the Code and its applicable regulations) and prior to any amount
         which an Eligible Employee has elected to defer under the Thomas &
         Betts Supplemental Executive Investment Plan.

1.11     "CREDITED SERVICE" shall mean with respect to an Eligible Employee
         service determined pursuant to the provisions of Section 2.9 of the
         Retirement Plan. If an Eligible Employee, who either has received a
         lump sum distribution from the Plan or is receiving a monthly payment
         from the Plan is subsequently rehired and resumes participation in the
         plan, his Credited Service attributable to his employment prior to his
         rehire shall be disregarded in determining the amount of his Benefit
         which accrues subsequent to his rehire. His Credited Service
         attributable to employment both before and after his rehire shall,
         however, be taken into account in determining whether he has satisfied
         the service eligibility requirements for a Benefit under the Plan.
         Notwithstanding the foregoing, an

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         Eligible Employee may, subject to the approval by the Committee, be
         granted additional months or years of age or of Credited Service for
         purposes of determining the amount of Benefit under the Plan or for
         purposes of satisfying the service eligibility requirements necessary
         for a Benefit under the Plan or both. The number of months or years of
         age or of Credited Service so granted, if any, shall be set forth in
         Appendix A.

1.12     "EARLY RETIREMENT DATE" shall mean the first day of the calendar
         month following an Eligible Employee's 55th birthday, or the Eligible
         Employee's 50th birthday if such Eligible Employee commenced employment
         with the Company prior to December 1, 1997. For purposes of determining
         whether employment commenced prior to December 1, 1997, "Company" shall
         not include Augat Inc. or any Affiliated Company which became
         authorized to participate in this Plan after November 30, 1997.

1.13     "EFFECTIVE DATE" shall mean September 2, 1992.

1.14     "ELIGIBLE EMPLOYEE" shall mean an employee who occupies a position of
         senior management with the Company who has been approved by the
         Committee and who is listed on Appendix A, as amended from time to time
         by the Committee.

1.15     "NORMAL RETIREMENT DATE" shall mean the first day of the calendar month
         following an Eligible Employee's 65th birthday.

1.16     "PLAN" shall mean the Thomas & Betts Corporation Executive Retirement
         Plan, as amended from time to time.

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1.17     "RETIREE" shall mean an Eligible Employee who (i) has completed 5 or
         more years of Credited Service, (ii) reached either their Early
         Retirement Date or their Normal Retirement Date and (iii) who either
         voluntarily or upon the Company's request or demand terminates
         employment with the Company and all Affiliated Companies.

1.18     "RETIREMENT PLAN" shall mean The Thomas & Betts Pension Plan, as
         amended from time to time.

1.19     "10-YEAR CERTAIN AND LIFE ANNUITY" shall mean an annuity which provides
         a benefit payable during the Retiree's life and for a guaranteed period
         of 10 years, if such Retiree dies during the 10-year period after the
         date such benefit began, a lump-sum payment shall be made to the
         Retiree's Beneficiary in respect of the balance of the payments for
         such 10-year period.

                    ARTICLE 2. AMOUNT AND PAYMENT OF BENEFITS

2.01     Payment of Benefit

         Except as otherwise provided in Section 2.07 hereof, a Benefit shall be
         payable by the Company only with respect to an Eligible Employee who
         becomes a Retiree, subject to the provisions of Section 3.07. Such
         Benefit shall be payable from the general assets of the Company.

                                      -6-

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2.02     Amount of Benefit

         The monthly amount of the Benefit payable in the form of a 10-Year
         Certain and Life Annuity shall be equal to:

         (a)      2.5 percent of the Eligible Employee's Average Monthly
         Compensation multiplied by the first 20 years of his Credited Service
         plus 1.5 percent of the Eligible Employee's Average Monthly
         Compensation multiplied by the next 15 years of his Credited Service

                                      MINUS

         (b)      The sum of (i) and (ii) where

                  (i)      equals the monthly amount of benefit which is or
                           would be payable to the Eligible Employee pursuant to
                           the provisions of the Retirement Plan, assuming such
                           benefit commenced at the same time as the
                           commencement of his Plan Benefit, in the form of a
                           100% Joint and Survivor Annuity (an Eligible Employee
                           who is unmarried at the time the Benefit is
                           determined shall be deemed, for purposes of the Plan,
                           to have a survivor annuitant born on the same date as
                           the Eligible Employee), and

                  (ii)     equals the monthly amount of benefit payable under a
                           prior employer's retirement program as set forth in
                           Appendix A.

         The Committee shall determine, in good faith, the appropriate amount of
         offset under Section 2.02(b)(ii) to be used in calculating any Benefit
         under this Plan (including, without limitation, converting such monthly
         benefit under Section 2.02(b)(ii) to an appropriate benefit form) and
         each Eligible Employee shall cooperate with the

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         Committee by providing any information (certifiable or otherwise)
         necessary to make such determination.

2.03     Form of Payment

         (a)      Unless a Retiree has elected an optional form of benefit, as
                  provided herein, the automatic form of payment under this Plan
                  deemed to have been elected by such Retiree upon becoming an
                  Eligible Employee shall be a 10-Year Certain and Life Annuity,
                  providing for monthly payments to the Retiree for his lifetime
                  with a guaranteed minimum of one hundred twenty (120) monthly
                  payments and if the Retiree dies prior to receiving the full
                  one hundred twenty (120) monthly payments, the remainder of
                  the guaranteed payments shall be commuted and paid in one lump
                  sum to the Beneficiary in full discharge of the obligation of
                  the Plan.

         (b)      Any Eligible Employee may, upon becoming an Eligible Employee,
                  elect in writing that his Benefit be paid in the form
                  of a 100% Joint and Survivor Annuity of Actuarial Equivalent
                  value to the Benefit otherwise payable under Section 2.03(a)
                  above, providing for a reduced monthly benefit during his
                  lifetime with 100% of such reduced monthly benefit continuing
                  to his surviving spouse to whom he was married on the date his
                  Benefit payments commenced for the remainder of such spouse's
                  lifetime. If the Retiree and the spouse to whom he was married
                  on the date his Benefit payments commenced die before
                  receiving one hundred twenty (120) monthly payments, the
                  remainder of the one hundred twenty (120) guaranteed payments
                  will be commuted and paid in one lump sum to

                                      -8-

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                  the named beneficiary of the last surviving annuitant in full
                  discharge of the obligation of the Plan. This optional form of
                  benefit shall become effective on the first day of the month
                  for which the Retiree's Benefit is first payable. If the
                  Retiree's spouse dies before the first day of the month for
                  which the Retiree's Benefit is first payable, this optional
                  form of payment shall be revoked and payments shall be made
                  pursuant to the provisions of Section 2.03(a) above.

         (c)      Any Eligible Employee may, upon becoming an Eligible Employee,
                  elect in writing that his Benefit be paid to him (or his
                  Beneficiary if he dies prior to payment under paragraph (d)
                  below) in one single payment of Actuarial Equivalent value to
                  the Benefit otherwise payable under Section 2.03(a) above.

         (d)      Payments shall commence as of the first day of the month
                  following the Eligible Employee becoming a Retiree or as soon
                  as administratively practicable thereafter.

         (e)      Any Eligible Employee may change his payment form election by
                  making a new payment form election at any time; provided,
                  however, that no such election shall be effective unless it
                  shall have been made and submitted to the Committee prior to
                  the last day of the calendar year prior to the calendar year
                  in which the Eligible Employee terminates employment with the
                  Company and each Affiliated Company.

                                      -9-

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         (f)      Notwithstanding any other provision of the Plan, the Committee
                  in its sole discretion may elect to pay a Benefit in one
                  single payment that is the Actuarial Equivalent value of the
                  Benefit accrued by an Eligible Employee who terminated
                  employment after completing five or more years of Credited
                  Service but prior to reaching his Early Retirement Date.

2.04     Commencement of Benefit on or after Normal Retirement Date

         A Retiree who terminates employment on or after his Normal Retirement
         Date shall receive his Benefit commencing on the first day of the month
         following his termination of employment, subject to the provisions of
         Section 3.07. His Benefit shall be equal to the Benefit determined
         pursuant to the provisions of Section 2.02 on the basis of his Average
         Monthly Compensation and Credited Service on the date of his
         termination of employment.

2.05     Commencement of Benefit Before Normal Retirement Date

         (a)      Unless the provisions of Section 2.05(b) below are applicable,
                  a Retiree whose employment terminates for any reason
                  prior to his Normal Retirement Date shall receive a Benefit
                  commencing on the first day of the month following his
                  termination of employment subject to the provisions of Section
                  3.07. His Benefit shall be equal to the Benefit determined
                  under the provisions of Section 2.02 on the basis of his
                  Average Monthly Compensation and Credited Service on the date
                  of his termination of employment; provided, however, the
                  portion of his Benefit determined under the provisions of
                  Section 2.02(a) shall be reduced by 3.6% for

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                  each year and 1/12 of 3.6% for each month of a fractional year
                  by which the date the Retiree's Benefit begins prior to the
                  60th anniversary of his birth.

         (b)      An Eligible Employee who has completed at least five years of
                  Credited Service and who terminates employment at the
                  Company's request prior to his Normal Retirement Date shall,
                  subject to the approval of the Committee and the provisions of
                  Section 3.07, receive a special early Benefit. The special
                  early Benefit shall solely be at the discretion of the
                  Committee and may reflect (without limitation) the grant of
                  additional months or years of Credited Service and/or age and
                  future adjustments based on changes in cost of living.

2.06     Disability Benefit

         An Eligible Employee who has not reached his Normal Retirement Date and
         who ceases to be employed by the Company and each Affiliated Company on
         account of disability shall continue to be credited with Credited
         Service if (i) such Eligible Employee has completed 5 years of Credited
         Service (computed in the same manner described in Section 1.11) with
         the Company and (ii) provided such Credited Service shall only continue
         if such Eligible Employee is eligible for and is continuously receiving
         disability benefits under the Company's long-term disability program.
         There shall also be included in his Credited Service any applicable
         waiting period for disability benefits under the Company's long-term
         disability plan; provided that after expiration of such period the
         Eligible Employee becomes entitled to such disability benefits. Upon
         reaching age 65, such disabled Eligible Employee shall be entitled to a
         disability Benefit in an amount

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         determined under Section 2.02, based on his Average Monthly
         Compensation at the time he ceased employment on account of disability
         and his Credited Service based on Section 1.11 and the preceding
         provisions of this Section 2.06. For purposes of Section 2.06(i),
         "Company" shall not include Augat Inc. or any other Affiliated Company
         which became authorized to participate in this Plan after November 30,
         1997.

2.07     Pre-Retirement Death Benefit

         (a)      If (i) prior to his employment termination, an Eligible
                  Employee dies after he has completed 5 or more years of
                  Credited Service with the Company and (ii) an Eligible
                  Employee dies while accruing Credited Service under Section
                  2.06, a spouse's benefit shall be payable to his surviving
                  spouse. Such spouse's benefit shall be a lump sum payment
                  which is the Actuarial Equivalent value of the amount of
                  monthly benefit the spouse would have received if the benefit
                  which the Eligible Employee would have received under Section
                  2.02 of this Plan, reduced pursuant to the provisions of
                  Section 2.05(a) of this Plan, had commenced on the later of
                  the month following (i) the Eligible Employee's date of death
                  or (ii) the Eligible Employee's Early Retirement Date, in the
                  form of a 100% Joint and Survivor Annuity and the Eligible
                  Employee had died immediately thereafter. Such spouse's
                  benefit shall be paid as soon as practicable following such
                  Eligible Employee's date of death. For purposes of Section
                  2.07(a)(i), "Company" shall not include Augat Inc. or any
                  other Affiliated Company which became authorized to
                  participate in this Plan after November 30, 1997.

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2.08     Restoration of Service

         If an Eligible Employee who retired or otherwise terminated employment
         is restored to employment with the Company or an Affiliated Company,
         the monthly payments under the Plan shall be discontinued and, upon
         subsequent retirement or termination of employment with the Company or
         any Affiliated Company, the monthly payments shall resume in the same
         amount and in the same form. The Eligible Employee shall be entitled to
         an additional Benefit calculated under Section 2.02 taking into account
         only his Credited Service subsequent to his rehire date and may make a
         separate election, pursuant to the requirements of Section 2.03, with
         respect to the form of payment of this additional Benefit.

2.09     Designation of Beneficiary

         For purposes of Sections 2.03 and 2.07, each Eligible Employee shall
         file a written designation of Beneficiary with the Committee upon
         qualifying for participation hereunder. Such designation shall remain
         in force until revoked by the Eligible Employee by filing a new
         beneficiary form with the Committee.

2.10     Receipt of Single-Sum Payment

         If any Retiree has received a single sum payment under Section 2.03(c)
         above, such Retiree's Beneficiary shall have no further interest in the
         Plan or any benefit payable thereunder.

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                          ARTICLE 3. GENERAL PROVISIONS

3.01     Administration

         The administration of the Plan, the exclusive power to interpret it,
         and the responsibility for carrying out its provisions are vested in
         the Committee. The Committee shall have full discretionary authority to
         interpret the Plan and resolve all matters arising in connection with
         the Plan. The Committee may adopt procedural rules and may employ and
         rely on such legal counsel, actuaries, accountants and agents as it may
         deem advisable to assist in the administration of the Plan. Decisions
         of the Committee shall be conclusive and binding on all persons. The
         expenses of the Committee attributable to the administration of this
         Plan shall be paid directly by the Company.

3.02     Funding

         (a)      All amounts payable in accordance with this Plan shall
                  constitute a general unsecured obligation of the Company. Such
                  amounts, as well as any administrative costs relating to the
                  Plan, shall be paid out of the general assets of the Company,
                  unless the provisions of paragraph (b) below are applicable.

         (b)      The Board of Directors may, for administrative reasons,
                  establish a grantor trust for the benefit of Eligible
                  Employees in the Plan. The assets of said trust will be held
                  separate and apart from other Company funds and shall be used
                  exclusively for the purposes set forth in the Plan and the
                  applicable trust agreement, subject to the following
                  conditions:

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                  (i)      the creation of said trust shall not cause the
                           Plan to be other than "unfunded" for purposes of
                           Title I of ERISA;
                  (ii)     the Company shall be treated as the "grantor" of said
                           trust for purposes of Section 671 and 677 of the
                           Internal Revenue Code; and
                  (iii)    said trust agreement shall provide that its assets
                           may be used to satisfy claims of the Company's
                           general creditors, provided that the rights of such
                           general creditors are enforceable under federal and
                           state law.

3.03     No Contract of Employment

         The establishment of the Plan shall not be construed as conferring any
         legal right upon any person for a continuation of employment, nor shall
         it interfere with the right of the Company to discharge any employee.

3.04     Competency

         If the Committee shall find that any person to whom any amount is or
         was payable hereunder is unable to care for his affairs because of
         illness or accident, or has died, then the Company, if it so elects,
         may direct that any payment due him or his estate (unless a prior claim
         therefore has been made by a duly appointed legal representative) or
         any part thereof be paid or applied for the benefit of such person or
         for the benefit of his spouse, children or other dependents, an
         institution maintaining or having custody of such person, any other
         person deemed by the Committee to be a proper recipient on behalf of
         such person otherwise entitled to payment, or any of them, in such
         manner and proportion as

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         the Company may deem proper. Any such payment shall be in complete
         discharge of the liability of the Company therefor.

3.05     Withholding Taxes

         The Company shall have the right to deduct from each payment to be made
         under the Plan any required withholding taxes.

3.06     Nonalienation

         Except insofar as may otherwise be required by law, no amount payable
         at any time under the Plan shall be subject in any manner to alienation
         by anticipation, sale, transfer, assignment, bankruptcy, pledge,
         attachment, charge or encumbrance of any kind nor in any manner be
         subject to the debts or liabilities of any person and any attempt to so
         alienate or subject any such amount, whether presently or thereafter
         payable, shall be void. If any person shall attempt to, or shall,
         alienate, sell, transfer, assign, pledge, attach, charge or otherwise
         encumber any amount payable under the Plan, or any part thereof, or if
         by reason of his bankruptcy or other event happening at any such time
         such amount would be made subject to his debts or liabilities or would
         otherwise not be enjoyed by him, then the Committee, if it so elects,
         may direct that such amount be withheld and that the same or any part
         thereof be paid or applied to or for the benefit of such person, his
         spouse, children or other dependents, or any of them, in such manner
         and proportion as the Committee may deem proper.

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3.07     Forfeiture for Cause

         In the event that an Eligible Employee or Retiree shall at any time be
         convicted for a crime involving dishonesty or fraud on the part of such
         Eligible Employee or Retiree in his relationship with the Company or an
         Affiliated Company, all benefits that would otherwise be payable to him
         under the Plan shall be forfeited. If a Retiree shall at any time be
         under indictment for any such crime, any Benefit amounts payable to
         such Retiree shall be suspended pending conviction, dismissal or
         acquittal in respect thereof. If the Retiree is not convicted, the
         suspended amounts shall be paid to him (with simple interest accruing
         at the PBGC Interest Rate) within thirty days after the date of the
         dismissal or acquittal. For this purpose, any so-called ALFORD plea or
         plea of NOLO CONTENDERE shall be deemed to constitute an acquittal.

3.08     Mergers/Transfers

         This Plan shall be binding upon and inure to the benefit of the Company
         and its successors and assignees and the Eligible Employee, his
         designees and his estate. Nothing in this Plan shall preclude the
         Company from consolidating or merging into or with, or transferring all
         or substantially all of its assets to, another corporation which
         assumes this Plan and all obligations of the Company hereunder. Upon
         such a consolidation, merger or transfer of assets and assumption, the
         term "Company" shall refer to such other corporation and this Plan
         shall continue in full force and effect.

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3.09     Change of Control

         Notwithstanding any other provision of the Plan, in the case of an
         Eligible Employee who has an employment agreement with the Company
         which provides for his or her continued employment following a change
         of control ("Employment Agreement"), the following provisions shall
         apply in the event that such Eligible Employee's employment with the
         Company is terminated under the circumstances described in Section 7(d)
         of his or her Employment Agreement:

         (a)      Such Eligible Employee, if not a Retiree as defined in Section
                  1.17, shall be deemed to be a Retiree and shall be entitled to
                  a Benefit determined in accordance with Section 2.02.

         (b)      For purposes of Section 2.02, such Eligible Employee's years
                  of Credited Service shall be increased by a period of time
                  equal to the Remainder of the Employment Period (as defined in
                  Section 7(d)(i)(D) of the Employment Agreement); and

         (c)      The Actuarial Equivalent value of such Eligible Employee's
                  Benefit (determined in accordance with the foregoing
                  provisions of this Section 3.09) shall be paid to him or her
                  in a lump sum within 30 days after the date of termination of
                  his or her employment.

3.10     Calculations

         Whenever, under this Plan, it is necessary to determine whether one
         benefit is less than, equal to, or larger than another, whether or not
         such benefits are provided under this Plan, such determination shall be
         made by the Company's independent consulting actuary, using mortality
         and interest (unless otherwise specified in this Plan) and any other

                                      -18-

<PAGE>

         assumptions normally used at the time by such actuary in determining
         actuarial equivalents under the Retirement Plan.

3.11     Elections

         All elections, designations, requests, notices, instructions, and other
         communications from an Eligible Employee, Retiree, or other person to
         the Committee that are required or permitted under the Plan shall be in
         such form as is prescribed from time to time by the Committee, shall be
         mailed by Certified or Registered Mail, Return Receipt Requested, or
         personally delivered to the principal offices of the Company, and shall
         be deemed to have been given and delivered only upon actual receipt
         thereof at such location.

3.12     Acceleration of Payment

         Notwithstanding any other provision of the Plan to the contrary, the
         Company shall make payments hereunder to a Retiree or Beneficiary
         before such payments are otherwise due if the Committee determines,
         based on a change in the tax or revenue laws of the United States of
         America, a published ruling or similar announcement issued by the
         Internal Revenue Service, a regulation issued by the Secretary of the
         Treasury or his delegate, a decision by a court of competent
         jurisdiction involving an Eligible Employee, Retiree or Beneficiary, or
         a closing agreement made under Code Section 7121 that is approved by
         the Internal Revenue Service and involves an Eligible Employee, Retiree
         or Beneficiary, that an Eligible Employee, Retiree or Beneficiary has
         recognized or will recognize income for federal income tax purposes
         with respect to amounts that are or will be payable to him under the
         Plan before they are paid to him. In such cases, any such

                                      -19-

<PAGE>

         Retiree or Beneficiary so affected shall receive the remaining Benefit
         payments payable to him and, where appropriate, his Beneficiary in one
         single payment of Actuarial Equivalent value to such remaining
         payments. Upon receipt of such accelerated payment the provisions of
         Section 2.10 shall apply to any Beneficiary of such Retiree.

3.13     Construction

         (a)      The Plan is intended to constitute an unfunded deferred
                  compensation arrangement for a select group of management or
                  highly compensated employees and therefore exempt from the
                  requirements or Sections 201, 301 and 401 of ERISA. All rights
                  hereunder shall be governed by and construed in accordance
                  with the laws of the State of Tennessee and, except to the
                  extent otherwise herein provided, in accordance with the
                  provisions of the Retirement Plan.

         (b)      The masculine pronoun shall mean the feminine wherever
                  appropriate.

         (c)      The captions preceding the sections and articles hereof have
                  been inserted solely as a matter of convenience and in no way
                  define or limit the scope or intent of any provisions of the
                  Plan.

3.14     Insurance Products

         The Company may require each Eligible Employee to assist it in
         obtaining life insurance policies on the lives of each Eligible
         Employee, which policies would be owned by, and be payable to, the
         Company. The Eligible Employee may be required to complete an
         application for life insurance, furnish underwriting information
         including medical examinations by a life insurance company-approved
         examiner, and authorize release of

                                      -20-

<PAGE>

         medical history to the life insurance company's underwriter, as
         designated by the Company. An Eligible Employee shall have no right or
         interest in such policies or the proceeds thereof.

3.15     Nature of Obligation

         No Eligible Employee, Retiree or Beneficiary shall have any interest in
         any specific asset of the Company or any Affiliated Company as a result
         of the Plan. Nothing contained herein shall be deemed to create a trust
         of any kind or any fiduciary relationship between the Company (or any
         Affiliated Company) and any Eligible Employee, Retiree or Beneficiary.
         Any right to receive any Benefit under the Plan shall only be the right
         of a general unsecured creditor.

3.16     Legal Fees

         In the event that any claim by an Eligible Employee for payment of any
         benefit under the Plan is disputed by the Company or the trustee of any
         "rabbi" trust created in connection therewith, or any other dispute in
         respect of the Plan or any such trust arises between any Eligible
         Employee, the Company and/or such trustee, any such Eligible Employee
         shall be promptly reimbursed for all reasonable attorney fees and
         expenses, after satisfaction by the Eligible Employee of a lifetime
         deductible equal to $25,000, incurred by any such Eligible Employee (i)
         in pursuing any such claim, or (ii) in connection with any such other
         dispute.

                                      -21-
<PAGE>

            ARTICLE 4. AMENDMENT, TERMINATION, OR PARTICIPANT REMOVAL

The Board of Directors reserves the right to modify or to amend, in whole or in
part, or to terminate this Plan at any time. However, no modification, amendment
or termination of the Plan shall reduce the Benefit being paid to a Retiree as
of the date of any such amendment or termination. In respect of any Eligible
Employee, no modification or amendment shall adversely affect such Eligible
Employee, unless such Eligible Employee consents to such modification or
amendment in writing, and, if the Plan is terminated by the Company, each
Eligible Employee shall be entitled to a Benefit calculated under Article 2
above, based on such Eligible Employee's service and compensation to the date of
such plan termination.

An Eligible Employee who has not completed 5 or more years of Credited Service
and reached his Early Retirement Date, may be removed as a participant from the
Plan by the Committee if he terminates employment with the Company or his
position changes so that he is no longer considered a member of senior
management. In such case, the former Eligible Employee shall have no rights to
any Benefit under the Plan, but rather such former Eligible Employee shall only
have those rights that are available to such former Eligible Employee under the
Company's other benefit plans.

                                      -22-

<PAGE>

         IN WITNESS WHEREOF, THOMAS & BETTS CORPORATION has caused this Plan, as
amended, to be duly executed this 5th day of December, 2000.

Attest:                                THOMAS & BETTS CORPORATION

  /s/ Penelope Y. Turnbow                 By:  /s/ Connie C. Muscarella
---------------------------------         --------------------------------------
Name: Penelope Y. Turnbow                 Name:  Connie C. Muscarella
Title:  Assistant Secretary               Title: Vice President, Human Resources

(Corporate Seal)

                                      -23-

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