Document:

<PAGE>

                                                                   EXHIBIT 10-36

                               EXELON CORPORATION
             2001 PERFORMANCE SHARE AWARDS FOR POWER TEAM EMPLOYEES
              UNDER THE EXELON CORPORATION LONG TERM INCENTIVE PLAN

            Subject to the terms hereof, Exelon Corporation (the "Company")
shall grant to each employee described in Section 1 hereof, as of a date not
earlier than the Computation Date as defined in Section 4.1 (the "Grant Date"),
in accordance with the provisions of the Exelon Corporation Long Term Incentive
Plan (the "Plan"), an Award (each, an "Award") consisting of (i) a Performance
Unit award and (ii) a Nonqualified Stock Option award, in each case, in the
amount and upon and subject to the restrictions, terms and conditions set forth
below. Capitalized terms not defined herein shall have the meanings specified in
the Plan.

            1. Recipients of Awards. Subject in all respects to the provisions
hereof, individuals who are full-time exempt employees of the Power Team (each,
an "Employee") and who are employed by Exelon Generation Company ("GenCo") on
the Grant Date shall be eligible for Awards.

            2. Performance Year. The Performance Year applicable to each Award
shall be calendar year 2001.

            3. Performance Goals. The Performance Goals which are used to
determine whether an Employee has satisfied the conditions applicable to the
grant of an Award for the Performance Year and, if so, the amount of payment to
be made pursuant to such Award are the following:

            3.1. LTIP Index. The LTIP Index is a number that ranges from 0 to
2.0. Such number may not exceed 2.0 without approval of the Chief Executive
Officers of the Company. The LTIP Index applicable to an Award is based on the
Power Team's actual financial performance relative to (i) the Power Team's
"Budgeted Net Operating Margin" (defined below), which will be given a 75%
weighting in determining the LTIP Index, and (ii) the earnings before interest
and income taxes ("EBIT") of GenCo, which will be given a 25% weighting in
determining the LTIP Index. The Budgeted Net Operating Margin is Power Team's
revenue net of fuel, other variable costs and sales, general and administrative
expenses (including the Awards) ("SG&A"). The Committee, based on
recommendations of the President of Power Team, shall establish no later than
the last day of the first quarter of the Performance Year, the financial
performance goals that constitute contract, stretch and stretch + performance.
Such financial performance goals shall be communicated to full-time exempt
employees of Power Team as soon as practicable.
<PAGE>
            3.2. Individual Multiplier. The Individual Multiplier is a number
that ranges from 0.5 to 1.50 and is based on an Employee's performance relative
to Power Team Process Area Objectives and individual goals and behaviors.

            3.3. Target Incentive. Each full-time exempt Power Team employee
shall be assigned a Target Incentive, which is number (that may be a fraction)
based on the employee's position category. The Committee, based on
recommendations of the President of Power Team, shall establish no later than
the last day of the first quarter of the Performance Year, a target percentage
for each Employee based on the impact of such Employee's position on Power
Team's business. The Target Incentive applicable to an individual who becomes an
Employee after the first quarter of the Performance Year shall be determined as
soon as practicable thereafter.

            4. Payment Amount.

            4.1. In General. Subject to the conditions set forth herein, the
      total amount payable to an eligible Employee in connection with an Award
      (the "Payment Amount") shall be the product obtained by multiplying the
      following:

Employee's               Target                  LTIP                Individual
Base Salary       X      Incentive       X      Index        X       Multiplier

As soon as practicable after the close of the Performance Year, the President of
Power Team shall determine the LTIP Index achieved for such Performance Year. In
addition, the President of Power Team shall also determine, at such time, the
Individual Multiplier to be used to determine an Employee's Award, based on the
performance level achieved by the Employee during the Performance Year. The
Payment Amount, if any, shall be computed as soon as practicable after the LTIP
Index and the Individual Multiplier are determined for the Performance Year (the
"Computation Date").

            4.2. Limitations on Payment Amounts. Notwithstanding anything
contained herein to the contrary, the aggregate Payment Amounts computed for all
Employees and any other individuals eligible to receive Payment Amounts
hereunder shall not exceed the Award pool determined by the Committee following
the end of the Performance Year. Such Award pool shall be based on Power Team's
business performance during the Performance Year relative to the performance
goals established to determine the LTIP Index for such Performance Year. In the
event that the total Payment Amounts exceed the Award pool, the Payment Amount
for each Employee shall be proportionately reduced. In the event that Power
Team's financial performance does not meet the threshold performance level
established for the LTIP Index for the Performance Year, no Employee or other
person shall be entitled to an Award or any Payment amount hereunder, unless
approved by the Chief Executive Officers of the Company.

            5. Form of Payment. The Payment Amount with respect to an Award
shall be paid in the form of a cash payment (the "Cash Payment Amount"), a
payment of Common Stock (the "Stock Payment Amount") and a distribution of
Nonqualified Stock Options (the "Option Payment Amount"), as determined below.
<PAGE>
            5.1. Cash Payment Amount. The Cash Payment Amount shall be the
dollar amount computed by multiplying the Employee's Payment Amount, if any, by
30%. The Cash Payment Amount, if any, shall be paid to an Employee at the time
described in Section 7.1, provided that the conditions of Section 6 are
satisfied.

            5.2. Stock Payment Amount. The Stock Payment Amount shall be the
number of whole shares of Company Stock computed by (i) multiplying the
Employee's Payment Amount, if any, by 52.5% and (ii) dividing such product by
the Fair Market Value of one share of Company Stock on the Computation Date. The
value of any fractional shares of Company Stock shall be paid in cash at the
same time and in the same manner as the Cash Award. The Stock Payment Award, if
any, shall be paid at the time described in Section 7.2, provided that the
conditions of Section 6 are satisfied.

            5.3. Option Payment Amount. The Option Payment Amount shall be
computed by (i) multiplying the Employee's Payment Amount, if any, by 17.5% and
(ii) dividing such product by the value per option determined by the Committee
based on the price per share of Company Stock on the Computation Date and a
Black-Scholes factor determined by the Committee based on the recommendation of
the President of Power Team. Only whole Options shall be awarded to an Employee
and the value of any fractional Option shall be paid in cash at the same time
and in the same manner as the Cash Award. The Option Payment Amount, if any,
shall be paid at the time described in Section 7.3, provided that the conditions
of Section 6 are satisfied. The Exercise Price of Company Stock subject to such
an Option shall be the Fair Market Value, determined on the Computation Date.
The term of such Options shall be ten years.

            5.4. De minimis Payments. Notwithstanding the foregoing provisions
of this Section, if the Stock Payment Amount with respect to an Award is less 25
shares (or such other de minimis amount determined by the President of Power
Team), such payment shall be made in cash proportionally at the relevant Payment
Dates for such Stock Payment Amount. If the Option Payment Amount with respect
to an Award is less than 60 Options (or such other de minimis amount determined
by the President of Power Team), such payment shall be made in shares of Common
Stock proportionally at the relevant Payment Dates for such Option Payment
Amount.

            6. Eligibility to Receive Award.

            6.1. In general. Except as provided below, an individual shall be
eligible to receive an Award for a Performance Year only if such individual is
an Employee throughout the Performance Year and on the Computation Date.

            6.2. Termination on Account of Retirement, Death or Disability. If
an individual who was an Employee on the first day of the Performance Period
ceases to be an Employee on or before the Grant Date on account of Retirement,
death or disability, such individual shall be an eligible for a reduced Award,
the Payment Amount (if any) of which shall be determined at the target level and
multiplied by a fraction, the numerator of which is the number of full calendar
months during the Performance Year that the individual was actively employed as
an Employee
<PAGE>
and the denominator of which is 12. Such reduced Award shall be paid entirely in
cash as soon as practicable following the Grant Date.

            6.3. New Hire, Transfer of Employment or Leave of Absence. If an
individual who is an Employee on the Grant Date (i) became an Employee after the
first day of the Performance Year or (ii) was on an approved leave of absence
(including, without limitation, by reason of disability) for any period during
the Performance Year or (iii) transferred to another business unit, such
individual shall, with the consent of the President of Power Team, be eligible
for a reduced Award, the Payment Amount (if any) of which shall be multiplied by
a fraction, the numerator of which is the number of full calendar months during
the Performance Year that the individual was actively employed as an Employee
and the denominator of which is 12.

            6.4. Termination on Account of Merger-Related Restructuring or
Reduction in Force. In the event an Employee's employment is involuntarily
terminated by the Power Team prior to the Grant Date on account of restructuring
directly relating to the merger of PECO Energy Company and Unicom Corporation or
a reduction in force (in each case as determined by the President of Power Team
in his sole discretion), the Employee shall be entitled to an Award, at the
target level. Such Award shall be paid entirely in cash as soon as practicable
following the Grant Date.

            6.5. Other Termination of Active Employment. If an Employee is not
actively employed as Employee throughout the Performance Period and as of the
Grant Date for any reason other than as provided in Section 6.2, 6.3 or 6.4, the
Employee shall not be entitled to receive an Award, unless otherwise determined
by the President of Power Team, in its sole discretion.

            7. Time of Payment.

            7.1. Cash Payment Amount. The Cash Payment Amount, if any, shall be
paid to an Employee as soon as practicable after the Computation Date, provided
that the Employee is eligible to receive the Payment Amount pursuant to Section
6.

            7.2. Stock Payment Amounts. On each of the first anniversary, the
second anniversary and the third anniversary of the Computation Date (each, a
"Payment Date"), one-third of the Stock Payment Amount, if any, related to an
Award shall vest and be payable to an Employee, provided that (i) the Employee
is eligible to receive the Payment Amount pursuant to Section 6 and (ii) the
Employee is employed by the Company on the applicable Payment Date.
Notwithstanding the preceding sentence, if an Employee ceases to be employed by
the Company before full payment of the Employee's Stock Payment Amount on
account of Retirement, disability or death, the fair market value of the shares
of Stock not yet paid shall be paid in cash to the Employee, or the Successor
Grantee, in the case of the Employee's death, as soon as practicable after the
date of the Employee's Retirement, disability or death, as the case may be. The
fair market value of the shares of Stock shall be determined as of such date of
Retirement, disability or death, as the case may be.

            7.3. Option Payment Amounts. On each Payment Date (as defined in
Section 7.2), an Option under an Employee's Award shall become vested and
exercisable with respect to
<PAGE>
one-third of the total shares subject to such Option on the Grant Date, provided
that (i) the Employee is eligible to receive the Payment Amount pursuant to
Section 6 and (ii) the Employee is employed by the Company on the applicable
Payment Date. Notwithstanding the preceding sentence (but subject to the
"acceptable conduct" provisions of Section 5(e)(i) of the Plan), if an Employee
ceases to be employed by the Company before such Option becomes fully vested and
exercisable on account of Retirement, disability or death, then such Option
shall immediately become fully vested exercisable with respect to such
non-vested shares until the earlier of the fifth anniversary of the date of
Retirement and the last day of the term of the Option (except in the case of
death such Option shall be exercisable until the earlier of the last day of the
term of the Option or the third anniversary of the date of death). If an
Employee's employment is terminated for Cause, any remaining Stock Payments
shall be forfeited and any Option subject to an outstanding Award shall be
exercisable only to the extent then vested until the effective date of the
Employee's termination of employment. If an Employee's employment terminates
prior to a Payment Date other than pursuant to this Section 7.3 or Section 7.4,
any Option subject to an outstanding Award shall be exercisable only to the
extent then vested until the earlier of three months after the effective date of
the Employee's termination of employment and the last day of the term of the
Option.

            7.4. Change in Control. Notwithstanding any preceding provision
herein to the contrary, if within 24 months following a Change in Control (as
such term is defined in the Plan as may be amended from time to time, but
including for this purpose the merger of PECO Energy Company and Unicom
Corporation), an Employee's employment is terminated before an Option under the
Employee's outstanding Award is fully vested and exercisable or a Stock Payment
Amount relating to an outstanding Award is fully paid (i) by the Company other
than for Cause, or (ii) by the Employee for Good Reason, such Option shall
immediately become fully vested and exercisable or such Stock Payment Amount
shall be paid in cash as soon practicable following the effective date of the
Employee's termination of employment. For this purpose, a termination of
employment followed by immediate reemployment by an entity that purchases or
otherwise acquires assets of the Company shall not be considered a termination
of employment.

            8. Rights as a Stockholder. No Employee shall have any rights as a
stockholder of the Company with respect to any shares of Common Stock that may
be payable hereunder unless and until such shares shall have been issued to such
Employee or otherwise credited to an account for the benefit of such Employee.

            9. Additional Terms and Conditions of Awards.

            9.1. Nontransferability of Award. In accordance with Section 12 of
the Plan, no Award or other related benefit may, except as otherwise
specifically provided by the Plan, be transferable and any attempt to transfer
such Award or other benefit shall be void; provided, however, that the foregoing
shall not restrict the ability of any Employee to transfer any cash or Common
Stock received as part of the Payment Amount.

            9.2. Withholding Taxes. As a condition precedent to the delivery to
the Employee of cash or Common Stock hereunder and in accordance with Section 11
of the Plan, the Company may deduct from any amount (including any Payment
Amount) payable then or
<PAGE>
thereafter payable by the Company to the Employee, or may request the Employee
to pay to the Company in cash, such amount as the Company may be required, under
all applicable federal, state, local or other laws or regulations, to withhold
and pay over with respect to the Award.

            9.3. Compliance with Applicable Law. Each Award is subject to the
condition that if the listing, registration or qualification of the shares of
Common Stock subject to the Award upon any securities exchange or under any law,
or the consent or approval of any governmental body, or the taking of any other
action is necessary or desirable as a condition of, or in connection with, the
vesting or delivery of such shares hereunder, such shares may not be delivered,
in whole or in part, unless such listing, registration, qualification, consent
or approval shall have been effected or obtained.

            9.4. Amendment, Adjustment or Termination of Award. The Awards may
be amended from time to time by the Committee, provided that no such amendment
shall reduce the Amount of an Award that has already been determined on the
Computation Date. Notwithstanding anything herein to the contrary, (i) in the
event of a Change in Control the Committee shall make any equitable adjustments
to outstanding Awards it deems necessary or appropriate (which may include
adjustments to the form of payment) and (ii) in the event of a Change in
Control, or a restructuring or reduction in force of the Power Team, the
Committee may (subject to Section 6.4) make any changes it deems necessary or
appropriate in respect of the grant of Awards or terminate Employees' right to
receive Awards for the Performance Year.

            9.5. Award Subject to the Plan. The Awards are subject to the
provisions of the Plan, and shall be interpreted in accordance therewith.

            9.6. Miscellaneous This Award supercedes and replaces the PECO
Energy Company Power Team Long Term Incentive Plan (Effective as of January 1,
1995) in respect of any performance period ending after December 31, 2000, and
the amount payable to any individual hereunder shall be reduced pro-rata by any
amount which at any time is determined to be payable to such individual pursuant
to any claim made under such plan in respect of or relating to any such
performance period. Any power reserved herein to the President of Power Team
shall be exercised by the Committee in respect of any decision or interpretation
relating solely to the eligibility for or amount of any Award by the President
of Power Team.

      IN WITNESS WHEREOF, Exelon Corporation has caused this instrument to be
executed effective as of January 1st, 2001.

                                            EXELON CORPORATION

                                            By: _________________________
                                                 Ian Mclean
                                                 President, Power Team<PAGE>

                                                                   EXHIBIT 10(a)

                          UNITED HEALTHCARE CORPORATION
                      1998 BROAD-BASED STOCK INCENTIVE PLAN

1. PURPOSE OF PLAN.

     This Plan shall be known as the "United HealthCare Corporation 1998
Broad-Based Stock Incentive Plan" (the "Plan"). The purpose of the Plan is to
aid in maintaining and developing personnel capable of contributing to the
future success of United HealthCare Corporation, a Minnesota corporation (the
"Company"), to offer such personnel additional incentives to put forth maximum
efforts for the success of the business, and to afford them an opportunity to
acquire a proprietary interest in the Company through stock options and other
awards as provided herein. The Plan is intended to be a "broadly-based plan"
within the meaning of the New York Stock Exchange Shareholder Approval Policy.
Options granted under this Plan are not intended to be incentive stock options
within the meaning of Section 422 of the Internal Revenue Code of 1986, as
amended (the "Code"). Other awards granted under this Plan shall be in the form
of stock appreciation rights ("SARs"), restricted stock awards or performance
awards as hereinafter described.

2. STOCK SUBJECT TO PLAN.

     Subject to adjustment as provided in Section 14 hereof and the provisions
of this Section 2, the stock to be subject to options or other awards under the
Plan shall be the Company's authorized shares of common stock, par value $.01
per share (the "Common Shares"). The Common Shares may be either authorized but
unissued shares, or issued shares which have been reacquired by the Company.
Subject to adjustment as provided in Section 14 hereof, the number of Common
Shares as to which options may be granted or awards may be issued hereunder
shall be 11,562,698 Common Shares (the "Initial Common Shares"). Each fiscal
quarter 0.75% of the number of Common Shares which were issued and outstanding
as of the end of the fiscal quarter immediately preceding the then-current
fiscal quarter shall be added to the number of Initial Common Shares that were
available for grant in any preceding fiscal quarter but were not otherwise
granted. If grants or awards lapse, expire, terminate or are canceled prior to
the issuance of Common Shares, or if Common Shares are reacquired by the Company
pursuant to this Plan in connection with payment of the exercise price of
options or awards or satisfaction of tax obligations, such Common Shares will be
available for new grants or awards.

3. ADMINISTRATION OF PLAN.

     (a) Administration of Plan by Committee. The Plan shall be administered by
a committee (the "Committee") of two or more directors of the Company, none of
whom shall be officers or employees of the Company and all of whom shall be
"Non-Employee Directors" with respect to the Plan within the meaning of Rule
16b-3 under the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), and any successor rule. The members of the Committee shall be appointed
by and serve at the pleasure of the Board of Directors.

     (b) Authority of Committee. Subject to the express provisions of the Plan,
the Committee shall have the plenary authority and discretion to: (i) determine
the purchase price of the Common Shares covered by each option, (ii) determine
the employees to whom and the time or times at which options and awards shall be
granted and the number of shares to be subject to each, (iii) determine the form
of payment to be made upon the exercise of an SAR or in connection with
performance awards, either cash, Common Shares or a combination thereof, (iv)
determine the terms of exercise of each option and award, (v) accelerate or
defer the time at which all or any part of an option or award may be exercised,
(vi) amend or modify the terms of any option or award with the consent of the
holder of the optionee or grantee, (vii) interpret the Plan, (viii) prescribe,
amend and rescind rules and regulations relating to the Plan, (ix) determine the
terms and provisions of each option or award agreement under the Plan (any of
which agreements need not be identical), (x) delegate such of its authority
granted herein as it deems is in the best interests of the Company, and (xi)
make all other determinations necessary or advisable for the administration of
the Plan, subject to the exclusive authority of the Board of Directors under
Section 16 herein to amend or terminate the Plan. The Committee's determinations
on the foregoing matters, unless otherwise disapproved by the Board of Directors
of the Company, shall be final and conclusive; provided, however, that the
Committee's determinations with respect to the matters set forth in clauses (ii)
and (iii) above, unless delegated as provided in subsection 3(C)

<PAGE>

below, shall be final and conclusive without any right of disapproval by the
Board of Directors of the Company.

     (c) Grants to Certain Officers and Directors. The Chief Executive Officer
of the Company shall have the authority, as granted by the Committee pursuant to
clause (x) of the preceding subsection, to grant, pursuant to the Plan, options
or other awards to eligible persons who are not considered by the Company as its
officers or directors for purposes of Section 16 of the Exchange Act. The Chief
Executive Officer of the Company shall provide information as to any grants made
pursuant to this subsection to the Committee at its next meeting.

     (d) Action of the Committee. The Committee shall select one of its members
as its Chairperson and shall hold its meetings at such times and places as it
may determine. A majority of its members shall constitute a quorum. All
determinations of the Committee shall be made by not less than a majority of its
members. Any decision or determination reduced to writing and signed by all of
the members of the Committee shall be fully effective as if it had been made by
a majority vote at a meeting duly called and held. The grant of an option or
award shall be effective only if a written agreement shall have been duly
executed and delivered or if notice of such option or award shall have been duly
communicated by and on behalf of the Company following such grant. The Committee
may appoint a Secretary and may make such rules and regulations for the conduct
of its business as it shall deem advisable.

4. ELIGIBILITY; GRANTING OF OPTIONS AND AWARDS.

     (a) Generally. Subject to the provisions of Section 4(b) below, all
full-time and part-time employees of, and consultants and independent
contractors to, the Company or its subsidiaries shall be eligible to receive
options and awards under this Plan.

     (b) Grants of Options and Awards. In determining the persons to whom
options and awards shall be granted and the number of shares subject to each,
the Committee may take into account any factors as the Committee in its
discretion shall deem relevant. A person who has been granted an option or award
under this Plan may be granted additional options or awards under the Plan if
the Committee shall so determine.

     (c) No Right to Employment. Nothing in the Plan or in any agreement
thereunder shall confer on any employee any right to continue in the employ of
the Company or any of its subsidiaries or affect in any way the right of the
Company or any of its subsidiaries to terminate his or her employment at any
time.

5. PRICE.

     The Committee shall determine the option price for options and awards. For
purposes of the preceding sentence and for all other valuation purposes under
the Plan, the fair market value of the Common Shares shall be as reasonably
determined by the Committee by such methods or procedures as shall be
established from time to time by the Committee.

6. TERM.

     Each option and award and all rights and obligations thereunder shall
expire on the date determined by the Committee and specified in the option or
award agreement. The Committee shall be under no duty to provide terms of like
duration for options or awards granted under the Plan. Notwithstanding the
foregoing, the term of options granted under the Plan may not extend more than
fifteen (15) years from the date of grant of such option.

7. EXERCISE OF OPTION OR AWARD.

     (a) Vesting. The Committee shall have full and complete authority to
determine whether an option or award will be exercisable in full at any time or
from time to time during the term thereof, or to provide for the exercise
thereof in installments and upon the occurrence of certain events, such as
termination of employment for any reason, and at such times during the term of
the option or award as the Committee may determine and specify in the option or
award agreement.

     (b) Compliance with Securities Laws. The exercise of any option or award
granted hereunder shall be effective only at such time as the sale of Common
Shares pursuant to such exercise will not violate any state or federal
securities or other laws.

     (c) Notice of Exercise; Payment of Exercise Price. An optionee or grantee
electing to exercise an option or award, or his or her representative, shall
give notice to the Company of such election and of the number of shares subject
to such exercise. The Company will verify the appropriateness of the election
and determine the compensation and related withholding tax amounts. The exercise
amount and applicable taxes shall be tendered either prior to the issuance of
shares pursuant to the exercise or, if such option is exercised pursuant to a
cashless exercise and sale transaction, on or prior to the settlement date of
such transaction. Payment shall be made to the Company in cash (including wire
transfer, bank check, certified check, personal check, or money order), or, at
the discretion of the Committee and as specified by the Committee, by delivering
either (i) Common Shares already owned by the optionee or grantee having a fair
market value as of such date equal to the full purchase price of the shares,
together with any applicable withholding taxes, or (ii) a combination of cash
and such shares; provided, however, that an optionee shall not be entitled to
tender Common Shares pursuant to successive, substantially simultaneous
exercises of options granted under this or any other stock option plan of the
Company. The fair market value of such tendered shares shall be determined as
provided in Section 5 herein. Until such person has been issued the shares
subject to such exercise, he or she shall possess no rights as a shareholder
with respect to such shares.

8. ALTERNATIVE STOCK APPRECIATION RIGHTS.

     (a) Grant. At the time of grant of an option or award under the Plan (or at
any other time), the Committee, in its discretion, may grant a SAR evidenced by
an agreement in such form as the Committee shall from time to time approve. Any
such SAR may be subject to restrictions on the exercise thereof as may be set
forth in the agreement representing such SAR, which agreement shall comply with
and be subject to the following terms and conditions and any additional terms
and conditions established by the Committee that are consistent with the terms
of the Plan.

     (b) Exercise. An SAR shall be exercised by the delivery to the Company of a
written notice which shall state that the holder thereof elects to exercise his
or her SAR as to the number of shares

                                       2
<PAGE>

specified in the notice and which shall further state what portion, if any, of
the SAR exercise amount (hereinafter defined) the holder thereof requests be
paid to him or her in cash and what portion, if any, is to be paid in Common
Shares of the Company. The Committee promptly shall cause to be paid to such
holder the SAR exercise amount, less any applicable withholding taxes, either in
cash, in Common Shares of the Company, or in any combination of cash and shares
as the Committee may determine. Such determination may be either in accordance
with the request made by the holder of the SAR or in the sole and absolute
discretion of the Committee. The SAR exercise amount is the excess of the fair
market value of one share of the Company's Common Shares on the date of exercise
over the per share exercise price in respect of which the SAR was granted,
multiplied by the number of shares as to which the SAR is exercised. For the
purposes, hereof, the fair market value of the Common Shares shall be determined
as provided in Section 5 herein.

9. RESTRICTED STOCK AWARDS.

     The Committee may grant awards of Common Shares subject to forfeiture and
transfer restrictions. Any restricted stock award shall be evidenced by an
agreement in such form as the Committee shall from time to time approve, which
agreement shall comply with and be subject to the following terms and conditions
and any additional terms and conditions established by the Committee that are
consistent with the terms of the Plan:

     (a) Grant of Restricted Stock Awards. Each restricted stock award made
under the Plan shall be for such number of Common Shares as shall be determined
by the Committee and set forth in the agreement containing the terms of such
restricted stock award. Such agreement shall set forth a period of time during
which the grantee must remain in the continuous employment of the Company in
order for the forfeiture and transfer restrictions to lapse. If the Committee so
determines, the restrictions may lapse during such restricted period in
installments with respect to specified portions of the shares covered by the
restricted stock award. The agreement may also, in the discretion of the
Committee, set forth performance or other conditions that will subject the
Common Shares to forfeiture and transfer restrictions. The Committee may, at its
discretion, waive all or any part of the restrictions applicable to any or all
outstanding restricted stock awards.

     (b) Delivery of Common Shares and Restrictions. At the time of a restricted
stock award, the number of Common Shares awarded thereunder shall be registered
in the name of the grantee. If a certificate representing such shares is issued,
such certificate shall be held by the Company or any custodian appointed by the
Company for the account of the grantee subject to the terms and conditions of
the Plan, and shall bear such a legend setting forth the restrictions imposed
thereon as the Committee, in its discretion, may determine. The grantee shall
have all rights of a shareholder with respect to the Common Shares, including
the right to receive dividends and the right to vote such shares, subject to the
following restrictions: (i) the grantee shall not be entitled to delivery of the
stock certificate, if one is issued, until the expiration of the restricted
period and the fulfillment of any other restrictive conditions set forth in the
restricted stock agreement with respect to such Common Shares; (ii) none of the
Common Shares may be sold, assigned, transferred, pledged, hypothecated or
otherwise encumbered or disposed of during such restricted period or until after
the fulfillment of any such other restrictive conditions; and (iii) except as
otherwise determined by the Committee, all of the shares shall be forfeited and
all rights of the grantee to such shares shall terminate, without further
obligation on the part of the Company, unless the grantee remains in the
continuous employment of the Company for the entire restricted period in
relation to which such Common Shares were granted and unless any other
restrictive conditions relating to the restricted stock award are met. Any
Common Shares, any other securities of the Company and any other property
(except for cash dividends) distributed with respect to the Common Shares
subject to restricted stock awards shall be subject to the same restrictions,
terms and conditions as such restricted Common Shares.

     (c) Termination of Restrictions. At the end of the restricted period and
provided that any other restrictive conditions of the restricted stock award are
met, or at such earlier time as otherwise determined by the Committee, all
restrictions set forth in any agreement relating to the restricted stock award
or in the Plan shall lapse as to the restricted Common Shares subject thereto.
Upon payment by the grantee to the Company of any withholding tax required to be
paid, a stock certificate, if one is requested, for the appropriate number of
Common Shares, free of the restrictions and the restricted stock legend, shall
be delivered to the grantee or his or her beneficiary or estate, as the case may
be.

10. PERFORMANCE AWARDS.

     The Committee is further authorized to grant performance awards. Subject to
the terms of this Plan and any applicable award agreement, a performance award
granted under the Plan (i) may be denominated or payable in cash, Common Shares
(including, without limitation, restricted stock), other securities, other
awards, or other property and (ii) shall confer on the holder thereof rights
valued as determined by the Committee, in its discretion, and payable to, or
exercisable by, the holder of the performance awards, in whole or in part, upon
achievement of such performance goals during such performance periods as the
Committee, in its discretion, shall establish. Subject to the terms of this Plan
and any applicable award agreement, the Committee shall determine the
performance goals to be achieved during any performance period, the length of
any performance period, the amount of any performance award granted, and the
amount of any payment or transfer to be made by the grantee and by the Company
under any performance award.

11. INCOME TAX WITHHOLDING AND TAX BONUSES.

     (a) Income Tax Withholding. In order to comply with all applicable federal,
state or local income tax laws or regulations, the Company may take such action
as it deems appropriate to ensure that all applicable federal, state or local
payroll, withholding, income or other taxes, which are the sole and absolute
responsibility of an optionee or grantee under the Plan, are withheld or
collected from such optionee or grantee prior to his or her receipt of Common
Shares pursuant to the exercise of an option or the satisfaction of the
conditions of any other award. In

                                       3
<PAGE>

order to assist an optionee or grantee in paying all federal and state taxes to
be withheld or collected upon exercise of an option or award, the Committee may,
in its absolute discretion, permit the optionee or grantee to satisfy such tax
obligation by (i) electing to have the Company withhold a portion of the Common
Shares otherwise to be delivered upon exercise of such option or award with a
fair market value, determined in accordance with Section 5 herein, equal to such
taxes or (ii) delivering to the Company Common Shares other than the shares
issuable upon exercise of such option or award with a fair market value,
determined in accordance with Section 5, equal to such taxes. The election must
be made on or before the date that the amount of tax to be withheld is
determined.

     (b) Tax Bonuses. The Committee shall have the authority, at the time of
grant of an option under the Plan or at any time thereafter, to approve tax
bonuses to designated optionees or grantees to be paid upon their exercise of
options or awards granted hereunder. The amount of any such payments shall be
determined by the Committee but shall not exceed one hundred percent (100%) of
the excess of the fair market value of the shares received upon exercise of an
option or award over the price paid therefor. The Committee shall have full
authority in its absolute discretion to determine the amount of any such tax
bonus and the terms and conditions affecting the vesting and payment thereof.

12. ADDITIONAL RESTRICTIONS.

     The Committee shall have full and complete authority to determine whether
all or any part of the Common Shares of the Company acquired upon exercise of
any of the options or awards granted under the Plan shall be subject to
restrictions on the transferability thereof or any other restrictions affecting
in any manner the optionee's or grantee's rights with respect thereto, but any
such restriction shall be contained in the agreement relating to such options or
awards.

13. NONTRANSFERABILITY.

     No option or award granted under the Plan shall be transferable by an
optionee or grantee, otherwise than by will or the laws of descent or
distribution. Except as otherwise provided in an option or award agreement,
during the lifetime of an optionee or grantee, the option or award shall be
exercisable only by such optionee or grantee. The Committee shall have the
authority to waive the provisions of this Section with respect to any grant of
options under the Plan subject to such terms, conditions or limitations as they
may, in their discretion impose.

14. DILUTION OR OTHER ADJUSTMENTS.

     If there shall be any change in the Common Shares through merger,
consolidation, reorganization, recapitalization, dividend in the form of stock
(of whatever amount), stock split or other change in the corporate structure,
appropriate adjustments in the Plan and outstanding options and awards shall be
made by the Committee. In the event of any such changes, adjustments shall
include, where appropriate, changes in the aggregate number of shares subject to
the Plan, the number of shares and the price per share subject to outstanding
options and awards and the amount payable upon exercise of outstanding awards,
in order to prevent dilution or enlargement of option or award rights.

15. AMENDMENT OR DISCONTINUANCE OF PLAN.

     The Board of Directors may amend or discontinue the Plan at any time. The
Committee, or the Company's Chief Executive Officer as authorized hereunder or
by the Committee, may grant options and awards for the number of shares
authorized by Section 2 herein without further amendment to the Plan increasing
the number of shares authorized for distribution. The Board of Directors shall
not alter or impair any option or award theretofore granted under the Plan
without the consent of the holder of the option or award.

16. TIME OF GRANTING.

     Nothing contained in the Plan or in any resolution adopted or to be adopted
by the Board of Directors or by the shareholders of the Company, and no action
taken by the Committee, the Chief Executive Officer or the Board of Directors
(other than the execution and delivery of an option or award agreement), shall
constitute the granting of an option or award hereunder.

17. EFFECTIVE DATE AND TERMINATION OF PLAN.

     (a) Effective Date of Plan. The Board of Directors approved the Plan on May
13, 1998, which shall be the effective date of the Plan.

     (b) Termination of Plan. Unless the Plan shall have been discontinued as
provided in Section 15 hereof, the Plan shall terminate on May 13, 2008. No
option or award may be granted after such termination, but termination of the
Plan shall not, without the consent of the optionee or grantee, alter or impair
any rights or obligations under any option or award theretofore granted.

                                       4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00037-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00037-of-00352.parquet"}]]