Document:

EXHIBIT 10.1

                            BUFFALO WILD WINGS, INC.
                           2003 EQUITY INCENTIVE PLAN
                     (As Amended and Restated May 15, 2008)

                                   SECTION 1.
                                  DEFINITIONS
                                  -----------

         As used herein,  the following terms shall have the meanings  indicated
below:

         (a) "Affiliates" shall mean a Parent or Subsidiary of the Company.

         (b)  "Award"  shall  mean a grant  made  under  the Plan in the form of
Options, Restricted Stock or Restricted Stock Units.

         (c) "Board" means the Board of Directors of the Company.

         (d) "Code" means the Internal  Revenue Code of 1986,  as amended and in
effect from time to time, and the regulations promulgated thereunder.

         (e)  "Committee"  shall mean a  Committee  of two or more  non-employee
directors who shall be appointed by and serve at the pleasure of the Board. Each
member of the Committee shall be (i) an independent  director within the meaning
of  Rule  4200(a)(15)  of the  NASDAQ  Marketplace  Rules,  (ii) a  non-employee
director  within the  meaning of Exchange  Act Rule 16b-3,  and (iii) an outside
director for purposes of Code Section 162(m).

         (f) The  "Company"  shall mean  Buffalo  Wild Wings,  Inc., a Minnesota
corporation.

         (g)  "Exchange  Act"  means the  Securities  Exchange  Act of 1934,  as
amended and in effect from time to time.

         (h) "Fair  Market  Value" of a share of stock as of any date shall mean
(i) if the stock is listed on the NASDAQ Stock  Market,  or another  established
stock  exchange,  the closing sale price of a share of the stock at the close of
the regular trading session of such market or exchange on such date, as reported
by The Wall Street Journal or a comparable  reporting service, or, if no sale of
such stock shall have occurred on such date, on the next  preceding day on which
there was a sale of  stock;  (ii) if such  stock is not so listed on the  NASDAQ
Stock Market, or another established stock exchange,  the average of the closing
"bid"  and  "asked"  prices  quoted  by the OTC  Bulletin  Board,  the  National
Quotation Bureau, or any comparable  reporting service for a share of such stock
on such date or, if there are no quoted  "bid" and "asked"  prices on such date,
on the next  preceding  date for which there are such  quotes;  or (iii) if such
stock is not publicly  traded as of such date, the per share value as determined
by the Board,  or the Committee,  in good faith and in a manner  consistent with
Code  Section  409A to be 100% of the fair market value of a share of such stock
on that date.

         (i)  "Option"  means a right  granted  under  the  Plan to  purchase  a
specified  number of shares of Stock at a specified  price per share.  An Option
may be either an "Incentive Stock Option" that is designated as such and granted

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in  accordance  with the  requirements  of Code Section 422, or a  "Nonqualified
Stock Option" that is any Option other than an Incentive Stock Option.

         (j) The  "Participant"  means (i) an  employee  of the  Company  or any
Affiliate to whom an Incentive Stock Option has been granted pursuant to Section
9, or (ii) a consultant  or advisor to or  director,  employee or officer of the
Company  or any  Affiliate  to whom any  other  type of Award  has been  granted
pursuant to Section 10 or Section 17.

         (k)  "Parent"  shall  mean any  corporation  which  owns,  directly  or
indirectly in an unbroken chain, fifty percent (50%) or more of the total voting
power of the Company's outstanding stock.

         (l) The "Plan" means the Buffalo Wild Wings, Inc. 2003 Equity Incentive
Plan, as amended from time to time,  including  the form of Award  agreements as
they may be  modified  by the Board or  Committee  from time to time.  This Plan
amends and  restates  the  Buffalo  Wild Wings,  Inc.  1995 Stock  Option  Plan,
formerly  known as the bw-3,  Inc. 1995 Stock Option Plan,  and,  prior to that,
known as the JMS  Associates,  Inc. 1995 Stock Option Plan.  For purposes of the
ten-year period described in Section 7, this amendment and restatement  shall be
deemed a new stock option plan.

         (m)  "Restricted  Stock" means shares of Stock issued to a  Participant
that are subject to such  restrictions  on transfer,  forfeiture  conditions and
other  restrictions  or  limitations  as may be set  forth in this  Plan and the
applicable Award agreement.

         (n)  "Restricted  Stock Unit" means a right to receive,  in cash and/or
shares of Stock as determined by the Committee, the Fair Market Value of a share
of Stock,  subject to such restrictions on transfer,  forfeiture  conditions and
other  restrictions  or  limitations  as may be set  forth in this  Plan and the
applicable Award agreement.

         (o)  "Stock"  shall  mean  Common  Stock  of the  Company  (subject  to
adjustment as described in Section 12).

         (p) A  "Subsidiary"  shall mean any  corporation of which fifty percent
(50%) or more of the total voting power of outstanding stock is owned,  directly
or indirectly in an unbroken chain, by the Company.

                                   SECTION 2.
                                    PURPOSE
                                    -------

         (a) The  purpose of the Plan is to promote  the  success of the Company
and its  Subsidiaries by facilitating  the employment and retention of competent
personnel  and  by  furnishing  incentive  to  officers,  directors,  employees,
consultants,  and advisors upon whose efforts the success of the Company and its
Subsidiaries will depend to a large degree.

         (b) It is the  intention  of the Company to carry out the Plan  through
the  granting of  Incentive  Stock  Options  pursuant to Section 9 of this Plan,
through the granting of  Nonqualified  Stock  Options  pursuant to Section 10 of
this Plan,  and through the granting of Restricted  Stock and  Restricted  Stock
Unit Awards pursuant to Section 17 of this Plan.  Adoption of this Plan shall be

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<PAGE>

and is expressly subject to the condition of approval by the shareholders of the
Company within twelve (12) months after the adoption of the Plan by the Board.

                                   SECTION 3.
                             EFFECTIVE DATE OF PLAN
                             ----------------------

         The Plan originally  became effective as of its date of adoption by the
Board on April 18, 1995. The effective date of this amendment and restatement of
the  Plan  is the  date  such  amendment  and  restatement  is  approved  by the
shareholders of the Company as required in Section 2.

                                   SECTION 4.
                                 ADMINISTRATION
                                 --------------

         (a)  Except as  otherwise  provided  in this  Plan,  the Plan  shall be
administered  by  the  Committee,  referred  to  as  the  "Administrator".   The
Administrator  shall have all of the powers vested in it under the provisions of
the Plan, including but not limited to exclusive authority (where applicable and
subject  to the  limitations  described  herein) to (i)  determine,  in its sole
discretion,  the type of Awards to be granted,  the individuals to whom, and the
time or times at which, Awards shall be granted, the number of shares subject to
each Award,  the  exercise  price,  and the other terms and  conditions  of each
Award;  (ii)  cancel or  suspend  an Award;  (iii)  accelerate  the  vesting  or
exercisability  of an Award, but only in connection with a Change in Control (as
defined  in  Section  12(c)),  a  Participant's   death  or  disability,   or  a
Participant's  retirement (as may be defined under applicable Company policies);
or (iv) otherwise amend the terms and conditions of any outstanding  Award.  The
Administrator  shall have full power and authority to  administer  and interpret
the Plan, to make and amend rules,  regulations and guidelines for administering
the  Plan,  to  prescribe  the  form  and  conditions  of the  respective  Award
agreements  (which may vary from  Participant to  Participant)  evidencing  each
Award  and to make all  other  determinations  necessary  or  advisable  for the
administration of the Plan. The Administrator's  interpretation of the Plan, and
all actions taken and determinations  made by the Administrator  pursuant to the
power vested in it  hereunder,  shall be  conclusive  and binding on all parties
concerned.

         (b) No  member of the Board or the  Committee  shall be liable  for any
action  taken  or  determination  made in good  faith  in  connection  with  the
administration  of the Plan.  Any action of the  Committee  with  respect to the
administration  of the Plan shall be taken  pursuant  to a majority  vote of the
Committee  members  or  pursuant  to the  written  resolution  of all  Committee
members.  To the extent not  inconsistent  with applicable law or stock exchange
rules,  the Committee may delegate all or any portion of its authority under the
Plan to determine and administer  Awards to Participants  who are not subject to
Section  16 of  the  Exchange  Act  to  one  or  more  persons  who  are  either
non-employee directors or executive officers of the Company.

                                   SECTION 5.
                                  PARTICIPANTS
                                  ------------

         The  Administrator  shall  from  time to time,  at its  discretion  and
without approval of the  shareholders,  designate those employees of the Company
or any Affiliate to whom  Incentive  Stock Options shall be granted  pursuant to
Section 9 of the Plan, and those employees, officers, directors, consultants and

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advisors  of the  Company  or of any  Affiliate  to whom other  Awards  shall be
granted  pursuant  to Sections 10 and 17 of the Plan;  provided,  however,  that
consultants or advisors shall not be eligible to receive Awards hereunder unless
such  consultant  or advisor  renders  bona fide  services  to the Company or an
Affiliate  and such  services  are not in  connection  with the offer or sale of
securities in a capital  raising  transaction  and do not directly or indirectly
promote or maintain a market for the Company's securities. The Administrator may
grant additional Awards under this Plan to some or all Participants then holding
Awards  or  may  grant  Awards  solely  or  partially  to new  Participants.  In
designating  Participants,  the Administrator shall also determine the number of
shares to be subject to each Award made to each such Participant.

                                   SECTION 6.
                                     STOCK
                                     -----

         (a) Subject to  adjustment  as  provided  in Section 12 of the Plan,  a
total of 3,900,000  shares of Stock shall be reserved and  available  for Awards
under the Plan,  all of which may be granted as  Incentive  Stock  Options.  The
shares  of Stock to be  subject  to Awards  under  this Plan  shall  consist  of
authorized but unissued  shares of Stock. In determining the number of shares to
be counted  against the limit  expressed above in connection with any Award made
after May 15, 2008, the following rules shall apply:

                  (1) Shares that are subject to Option  Awards shall be counted
against the limit as one share for every one share granted.

                  (2) Shares that are subject to Restricted  Stock or Restricted
Stock Unit Awards shall be counted against the limit as 1.5 shares for every one
share granted.

                  (3)  Where  the  number  of  shares  subject  to the  Award is
variable  on the date of grant,  the number of shares to be counted  against the
limit  prior to the  settlement  of the Award  and  consistent  with  paragraphs
6(a)(1)  and (2) shall be the  maximum  number of shares  that could be received
under that particular Award.

         (b) In the event any portion of an outstanding Award under the Plan for
any reason  expires  (including  as a result of less than the maximum  number of
shares  subject to a variable  Award being  issued),  is terminated or forfeited
prior to  vesting  or  exercise,  or is  settled  for cash,  the shares of Stock
allocable to such portion of the Award shall again be available for Awards under
the Plan,  and the total  number of shares of Stock  available  for grant  under
Section 6(a) shall be  correspondingly  increased  as provided in Section  6(c).
However,  shares tendered by a Participant or withheld by the Company in payment
of the exercise  price of an Option or in  satisfaction  of any tax  withholding
obligation  with respect to an Award will not again become  available for Awards
or increase the number of shares available for grant under Section 6(a).

         (c) Each share that again  becomes  available for Awards as provided in
Section 6(b) shall increase the total number of shares available for grant under
Section 6(a) by (i) one share if such share was subject to an Option Award under
the Plan, and (ii) [2.0] shares if such share was subject to a Restricted  Stock
or Restricted Stock Unit Award.

         (d) The aggregate  number of shares of Stock subject to Options granted
during  any fiscal  year to any one  Participant  shall not  exceed one  hundred
thousand (100,000).

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<PAGE>

                                   SECTION 7.
                                DURATION OF PLAN
                                ----------------

         Incentive  Stock Options may be granted  pursuant to the Plan from time
to time  during  a period  of ten (10)  years  from  the  effective  date of the
amendment and  restatement  of this Plan as defined in Section 3. Other forms of
Awards may be granted pursuant to the Plan from time to time after the effective
date of the Plan and until all  shares  of Stock  subject  to the Plan have been
issued or until the earlier  discontinuance  or  termination  of the Plan by the
Board.  Any Award granted within the time frames specified above shall remain in
full force and effect  until the  expiration  of the Award as  specified  in the
written Award  agreement and shall remain subject to the terms and conditions of
this Plan.

                                   SECTION 8.
                            OPTION EXERCISE PAYMENTS
                            ------------------------

         (a)  Participants  may pay for shares of Stock upon exercise of Options
granted  pursuant  to this Plan  with  cash,  personal  check,  certified  check
(including,  if permitted by the Administrator,  payment under a broker-assisted
sale and remittance  program) or, if approved by the  Administrator  in its sole
discretion, by delivery to the Company of previously-owned shares of Stock or by
withholding  shares of Stock otherwise  issuable upon exercise of the Option (in
either case, such shares having a Fair Market Value as of the date the Option is
exercised equal to the total exercise price of the shares being  purchased),  or
such  other  form of  payment as may be  authorized  by the  Administrator.  The
Administrator may, in its sole discretion,  limit the forms of payment available
to the  Participant  and may  exercise  such  discretion  any time  prior to the
termination of the Option granted to the Participant or upon any exercise of the
Option by the Participant.

         (b) With  respect  to  payment  in the form of  shares  of  Stock,  the
Administrator  may  require  advance  approval  or adopt  such rules as it deems
necessary  to assure  compliance  with Rule 16b-3  under the  Exchange  Act,  if
applicable.

                                   SECTION 9.
                 TERMS AND CONDITIONS OF INCENTIVE STOCK OPTIONS
                 -----------------------------------------------

         Each Incentive Stock Option granted pursuant to this Section 9 shall be
evidenced by a written  Award  agreement  (the "Option  Agreement").  The Option
Agreement  shall be in such  form as may be  approved  from  time to time by the
Administrator and may vary from Participant to Participant;  provided,  however,
that each Participant and each Option Agreement shall comply with and be subject
to the following terms and conditions:

         (a) Number of Shares. The Option Agreement shall state the total number
of shares covered by the Incentive  Stock Option.  An Option will  constitute an
Incentive  Stock Option only to the extent that the aggregate  Fair Market Value
(determined  as of the date the Option is  granted)  of the shares of Stock with
respect to which  Incentive  Stock  Options held by a  Participant  first become
exercisable  in any  calendar  year  (under the Plan and all other  plans of the
Company and its Affiliates) does not exceed  $100,000,  or such revised limit as
may subsequently be established  under Code Section 422. To the extent an Option
that would otherwise be an Incentive Stock Option exceeds this limit, the Option
shall be treated as a Nonqualified Stock Option.

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<PAGE>

         (b) Exercise  Price.  The  exercise  price at which each share of Stock
subject to an Incentive Stock Option may be purchased shall be determined by the
Administrator  and set forth in the Option  Agreement,  but such exercise  price
shall not be less than one hundred  percent (100%) of the Fair Market Value of a
share of Stock on the date the Administrator  grants the Option.  However,  if a
Participant  owns  stock  possessing  more than ten  percent  (10%) of the total
combined  voting  power  of  all  classes  of  stock  of the  Company  or of any
Affiliate,  the exercise price per share of an Incentive Stock Option granted to
such  Participant  shall not be less than one hundred ten percent  (110%) of the
Fair  Market  Value of a share of Stock on the date of the grant of the  Option.
The  Administrator  shall have full authority and discretion in establishing the
exercise price and shall be fully protected in so doing.

         (c) Term and  Exercisability of Incentive Stock Option. The term during
which any Incentive  Stock Option granted under the Plan may be exercised  shall
be  established  in each case by the  Administrator.  To the extent  required to
qualify the Option as an incentive  stock option under  Section 422 of the Code,
or any  successor  provision,  in no event shall any  Incentive  Stock Option be
exercisable  during a term of more than ten (10) years from the date on which it
is  granted.  However,  if a  Participant  owns stock  possessing  more than ten
percent (10%) of the total combined  voting power of all classes of stock of the
Company  or of any  Affiliate,  the  Incentive  Stock  Option  granted  to  such
Participant  shall be exercisable  during a term of not more than five (5) years
from the date on which it is granted.  The Option Agreement shall state when the
Incentive Stock Option becomes exercisable and shall also state the maximum term
during which the Option may be exercised. In the event an Incentive Stock Option
is exercisable immediately, the manner of exercise of the Option in the event it
is not exercised in full immediately shall be specified in the Option Agreement.

         (d) Other Provisions. An Option Agreement authorized under this Section
9 shall contain such other provisions as the Administrator shall deem advisable.
Any such Option Agreement shall contain such  limitations and restrictions  upon
the exercise of the Option as shall be necessary to ensure that such Option will
be considered an "incentive  stock option" as defined in Section 422 of the Code
or to conform to any change therein.

                                   SECTION 10.
               TERMS AND CONDITIONS OF NONQUALIFIED STOCK OPTIONS
               --------------------------------------------------

         Each  Nonqualified  Stock  Option  granted  pursuant to this Section 10
shall be evidenced by a written Option Agreement.  The Option Agreement shall be
in such form as may be approved from time to time by the  Administrator  and may
vary from Participant to Participant;  provided,  however, that each Participant
and each Option  Agreement  shall  comply  with and be subject to the  following
terms and conditions:

         (a) Number of Shares and Option Price. The Option Agreement shall state
the total number of shares of Stock  covered by the  Nonqualified  Stock Option.
The exercise price at which each share of Stock subject to a Nonqualified  Stock
Option may be purchased shall be determined by the  Administrator  and set forth
in the Option  Agreement,  but such  exercise  price  shall not be less than one
hundred  percent (100%) of the Fair Market Value of a share of Stock on the date
the Administrator grants the Option.

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<PAGE>

         (b) Term and  Exercisability  of  Nonqualified  Stock Option.  The term
during  which  any  Nonqualified  Stock  Option  granted  under  the Plan may be
exercised  shall be  established in each case by the  Administrator.  The Option
Agreement shall state when the Nonqualified Stock Option becomes exercisable and
shall also state the maximum term during which the Option may be  exercised;  in
no event shall any  Nonqualified  Stock Option be  exercisable  during a term of
more than ten (10)  years from the date on which it is  granted.  In the event a
Nonqualified Stock Option s exercisable  immediately,  the manner of exercise of
the  Option  in the  event  it is not  exercised  in full  immediately  shall be
specified in the Option Agreement.

         (c) Other  Provisions.  The  Option  Agreement  authorized  under  this
Section 10 shall contain such other provisions as the  Administrator  shall deem
advisable.

                                   SECTION 11.
                               TRANSFER OF AWARDS
                               ------------------

         Except  as  provided  in this  Section  11,  (i) no Award  may be sold,
assigned,  transferred  or encumbered,  in whole or in part, by the  Participant
other than by will or by the laws of descent and  distribution,  and (ii) during
the Participant's  lifetime, only the Participant (or the Participant's guardian
or legal  representative) may exercise an Option or receive payment with respect
to any other Award. If the  Participant  shall attempt any transfer of any Award
in violation of this Section 11, such transfer  shall be void and the Award,  to
the extent not fully exercised or vested,  shall  terminate.  The  Administrator
may, however, permit the Participant to transfer by gift any or all Nonqualified
Stock Options to any "family member" (as defined by the General  Instructions to
Form S-8 under the Securities Act of 1933, as amended) of the  Participant.  Any
such transferred  Nonqualified  Stock Option shall continue to be subject to the
same terms and conditions as were applicable to such Option immediately prior to
its transfer.  For purposes of any provision of the Plan relating to notice to a
Participant  or to  acceleration  or  termination of an Option upon the death or
termination  of employment of a  Participant,  the  references to  "Participant"
shall mean the original grantee of an Option and not any transferee.

                                   SECTION 12.
             RECAPITALIZATION, SALE, MERGER, EXCHANGE OR LIQUIDATION
             -------------------------------------------------------

         (a)  In  the  event  of  any  merger,  reorganization,   consolidation,
recapitalization,  rights offering,  dividend or distribution  (whether in cash,
shares or other  property,  other than a regular  cash  dividend),  stock split,
reverse stock split, subdivision or consolidation of shares, spin-off or similar
transaction or other change in corporate structure affecting the shares of Stock
or the value thereof, the Administrator shall cause equitable  adjustments to be
made to (i) the number and kind of shares of Stock or other securities available
for future  Awards under the Plan,  (ii)  outstanding  Awards  (including to the
number and kind of shares of Stock or other  securities to which such Awards are
subject,  the  exercise  or purchase  price of such  Awards and any  share-based
Performance  Objectives  (as  defined in Section  17(c)(1))  applicable  to such
Awards),  and (iii) the  maximum  number of shares of Stock or other  securities
that may be the subject of Awards of a specific  type (such as  Incentive  Stock
Options) or Awards to a single  Participant.  Adjustments  contemplated  by this
Section 12(a) shall be made taking into  consideration  the  accounting  and tax
consequences,  and  specifically  in such a manner that will not cause Incentive
Stock  Options  to  violate  Section  422(b) of the Code or cause an Award to be

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subject to adverse tax  consequences  under Section 409A of the Code. The number
of Shares subject to an Award shall always be a whole number.

         (b) Unless otherwise provided in an Award agreement,  in the event of a
Change in Control (as defined in Section  12(c)) of the  Company,  the Board may
provide for one or more of the following:

                   (1) the equitable  acceleration of (i) the  exercisability of
any  outstanding  Options and (ii) the vesting  and  corresponding  lapse of the
risks of forfeiture on any other Awards;

                   (2) the complete  termination of this Plan, the  cancellation
of  outstanding  Options not  exercised  prior to a date  specified by the Board
(which  date shall give  Participants  a  reasonable  period of time in which to
exercise the Options prior to the effectiveness of such Change in Control),  and
the  cancellation  of any Restricted  Stock or Restricted  Stock Unit Awards for
which the risks of forfeiture have not lapsed;

                   (3)  that  Participants  holding  outstanding  Options  shall
receive,  with respect to each share of Stock subject to such Options, as of the
effective  date of any such  Change in Control,  cash in an amount  equal to the
excess of the Fair Market Value of such shares on the date immediately preceding
the effective  date of such Change in Control over the exercise  price per share
of such  Options;  provided  that the Board may,  in lieu of such cash  payment,
distribute  to such  Participants  shares  of  Stock or  shares  of stock of any
corporation succeeding the Company (or of the parent of any such corporation) by
reason of such Change in Control,  such shares  having a Fair Market Value as of
the date  immediately  preceding  the  effective  date of such Change in Control
equal to the amount of the cash payment provided for in this clause 12(b)(3);

                   (4) that Participants holding outstanding Restricted Stock or
Restricted Stock Unit Awards shall receive,  with respect to each share of Stock
subject to such Awards,  as of the effective date of any such Change in Control,
cash in an amount equal to the Fair Market Value of a share of Stock on the date
immediately  preceding  the effective  date of such Change in Control;  provided
that  the  Board  may,  in  lieu  of  such  cash  payment,  distribute  to  such
Participants  shares of Stock or shares of stock of any  corporation  succeeding
the Company (or of the parent of any such  corporation) by reason of such Change
in Control,  such shares  having a Fair Market Value as of the date  immediately
preceding  the  effective  date of such Change in Control equal to the amount of
the cash payment provided for in this clause 12(b)(4);

                   (5) the  continuance  by the Company,  or the  assumption  or
replacement  by the  surviving or successor  corporation  (or its parent) in the
Change in Control,  of Awards that were outstanding as of the date of the Change
in Control.  For purposes of this clause 12(b)(5),  an Award shall be considered
assumed or replaced if,  following the Change in Control,  the  Participant  has
received,  in a  manner  that  complies  with  Code  Sections  424 and  409A,  a
comparable  equity-based award that preserves the existing compensatory value of
the Award at the time of the  Change  in  Control  and  includes  a  vesting  or
exercisability   schedule  that  is  the  same  as  or  more  favorable  to  the
Participant.

The Board may restrict the rights of or the  applicability of this Section 12 to
the extent necessary to comply with Section 16(b) of the Securities Exchange Act
of 1934, the Code or any other  applicable  law or  regulation.  The grant of an
Option or other  form of Award  pursuant  to the Plan shall not limit in any way

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<PAGE>

the  right or  power  of the  Company  to make  adjustments,  reclassifications,
reorganizations  or changes of its  capital or business  structure  or to merge,
exchange or consolidate or to dissolve,  liquidate,  sell or transfer all or any
part of its business or assets.

         (c) Unless  otherwise  provided in an  applicable  Award  agreement,  a
"Change in Control" for purposes of this Section 12 means:

                  (1)   a   merger,   consolidation,   statutory   exchange   or
reorganization  approved  by  the  Company's  stockholders,   unless  securities
representing more than fifty percent (50%) of the total combined voting power of
the outstanding  voting securities of the successor  corporation are immediately
thereafter  beneficially owned,  directly or indirectly and in substantially the
same proportion, by the persons who beneficially owned the Company's outstanding
voting securities immediately prior to such transaction;

                  (2)  any   stockholder-approved   sale,   transfer   or  other
disposition of all or substantially all of the Company's assets;

                  (3) any transaction or series of related transactions pursuant
to which any  person or any group of  persons  comprising  a "group"  within the
meaning  of Rule  13d-5(b)(1)  under the  Securities  Exchange  Act of 1934,  as
amended (other than the Company or a person that,  prior to such  transaction or
series of related  transactions,  directly or indirectly controls, is controlled
by or is under common control with, the Company)  becomes directly or indirectly
the  beneficial  owner  (within  the  meaning  of Rule  13d-3 of the  Securities
Exchange Act of 1934, as amended) of securities  possessing (or convertible into
or exercisable  for securities  possessing)  thirty percent (30%) or more of the
total combined voting power of the Company's securities (determined by the power
to vote with respect to the elections of Board members) outstanding  immediately
after the  consummation of such  transaction or series of related  transactions,
whether  such  transaction  involves a direct  issuance  from the Company or the
acquisition  of  outstanding  securities  held by one or  more of the  Company's
stockholders;

                  (4) a change in the  composition of the Board over a period of
eighteen  (18)  consecutive  months or less such  that a  majority  of the Board
members  ceases to be  comprised  of  individuals  who have been  Board  members
continuously since the beginning of such period; or

                  (5) approval  by  the  Company's  stockholders  of a  complete
liquidation or dissolution of the Company.

Notwithstanding  anything  herein stated,  if any Award is determined to provide
for the  deferral of  compensation  within the meaning of Code  Section  409A, a
Change  in  Control  shall be  deemed  to occur  only if it would be  deemed  to
constitute  a change  in  ownership  or  effective  control,  or a change in the
ownership  of a  substantial  portion of the assets,  of the Company  under Code
Section 409A.

                                   SECTION 13.
                           SECURITIES LAW REQUIREMENTS
                           ---------------------------

         No shares of Stock  shall be issued  pursuant  to the Plan  unless  and
until there has been compliance,  in the opinion of the Company's counsel,  with

                                       9
<PAGE>

all applicable legal requirements,  including without limitation, those relating
to federal and state  securities  laws and  applicable  stock  exchange  listing
requirements.

                                   SECTION 14.
                             RIGHTS AS A SHAREHOLDER
                             -----------------------

         A Participant (or the Participant's successor or successors) shall have
no rights as a  shareholder  with  respect to any shares of Stock  covered by an
Option or Restricted  Stock Unit Award unless and until the date the Participant
becomes the holder of record of the shares of Stock to which the Award  relates.
No adjustment shall be made for dividends (ordinary or extraordinary, whether in
cash, securities or other property), distributions or other rights for which the
record date is prior to the date the Participant becomes the holder of record of
such shares (except as otherwise provided in Section 12 of the Plan).

                                   SECTION 15.
                              AMENDMENT OF THE PLAN
                              ---------------------

         (a) The Board  may from  time to time,  insofar  as  permitted  by law,
suspend or discontinue the Plan or revise or amend it in any respect;  provided,
however, that no such revision or amendment,  except as is authorized in Section
12, shall impair the terms and  conditions of any Award which is  outstanding on
the  date of  such  revision  or  amendment  to the  material  detriment  of the
Participant  without the  consent of the  Participant.  It will be  conclusively
presumed  that any  amendment  to the Plan or any Award  agreement  necessary to
comply with  applicable  law or to avoid the  imposition of any  additional  tax
under  Section  409A  would  not  operate  to  the  material  detriment  of  any
Participant.  The  Company  shall  submit  any  amendment  of  the  Plan  to its
shareholders for approval if the rules of the principal  securities  exchange on
which  the  shares  of  Stock  are  then  listed  or  other  applicable  laws or
regulations require  stockholder  approval of such amendment.  Furthermore,  the
Plan may not, without the approval of the shareholders, be amended in any manner
that will cause  Incentive  Stock  Options to fail to meet the  requirements  of
Section 422 of the Code.

         (b) Except as provided in Section 12, no Option  granted under the Plan
may be amended to decrease  the  exercise  price  thereof,  or be  cancelled  in
conjunction  with the grant of any new Option with a lower  exercise  price,  or
otherwise be subject to any action that would be treated under  accounting rules
or otherwise as a "repricing" of such Option,  unless such action is approved by
the Company's shareholders.

                                   SECTION 16.
                        NO OBLIGATION TO EXERCISE OPTION
                        --------------------------------

         The  granting  of  an  Option  shall  impose  no  obligation  upon  the
Participant to exercise such Option. Further, the granting of an Award hereunder
shall not impose upon the Company or any Affiliate any  obligation to retain the
Participant in its employ for any period.

                                       10
<PAGE>

                                   SECTION 17.
                RESTRICTED STOCK AND RESTRICTED STOCK UNIT AWARDS
                -------------------------------------------------

         Each Restricted  Stock/Restricted  Stock Unit Award granted pursuant to
the Plan shall be evidenced by a written Award agreement (the "Restricted  Stock
Agreement"  or  "Restricted  Stock  Unit  Agreement,"  as the case may be).  The
Restricted  Stock Agreement or Restricted  Stock Unit Agreement shall be in such
form as may be approved from time to time by the Administrator and may vary from
Participant to Participant;  provided,  however,  that each Participant and each
Restricted  Stock Agreement or Restricted Stock Unit Agreement shall comply with
and be subject to the following terms and conditions

         (a) Number of Shares.  The  Restricted  Stock  Agreement or  Restricted
Stock Unit Agreement  shall state the total number of shares of Stock covered by
the applicable Award.

         (b) Risks of Forfeiture.  The Restricted  Stock Agreement or Restricted
Stock  Unit  Agreement  shall  set  forth  the  risks of  forfeiture  and  other
restrictions, if any, which shall apply to the shares of Stock and units covered
by the applicable Award, and shall specify the timing and conditions under which
such  Awards  shall  vest and the  risks of  forfeiture  correspondingly  lapse,
subject to the following limitations:

                  (1) An  Award  that  is not  subject  to the  satisfaction  of
Performance  Objectives (as defined in Section 17(c)) may not fully vest earlier
than three years from the date the Award was granted.

                  (2) The performance  period of an Award that is subject to the
satisfaction of Performance Objectives may not be shorter than one year.

The  limitations  in clauses (1) and (2) above will not,  however,  apply in the
following  situations:  (i) an Award made to attract a key executive to join the
Company; (ii) upon a Change in Control; (iii) upon termination of employment due
to death or disability;  (iv) Restricted  Stock or Restricted Stock Units issued
in  exchange  for other  compensation;  and (v)  Awards  issued to  non-employee
directors.

         (c)   Performance-Based   Compensation.   To  the   extent   that   the
Administrator  determines  it to be  desirable  to qualify  Restricted  Stock or
Restricted   Stock  Unit  Awards   granted   hereunder   as   "performance-based
compensation"  within the meaning of Code  Section  162(m),  the vesting of such
Awards and the  corresponding  lapse of risks of forfeiture  shall be subject to
the achievement of one or more Performance  Objectives established in writing by
the Administrator for a specified performance period.

                  (1)  For   purposes  of  this  Section   17(c),   "Performance
Objectives"  shall be limited to any one,  or a  combination  of, the  following
performance criteria:  (i) revenue, (ii) net income, (iii) stockholders' equity,
(iv)  earnings  per share,  (v) return on equity,  (vi) return on assets,  (vii)
total shareholder return,  (viii) net operating income, (ix) cost controls,  (x)
cash flow, (xi) increase in revenue,  (xii) increase in share price or earnings,
(xiii) return on  investment,  (xiv)  department  or business  unit  performance
goals,  (xv) increase in market share,  (xvi) same-store sale increases,  (xvii)
increases in the number of store locations,  (xviii) financial  performance that
exceeds the financial performance of the Company's peers in the industry,  (xix)

                                       11
<PAGE>

individual  performance  goals,  (xx) net  sales,  (xxi)  net  earnings,  (xxii)
earnings before income taxes, (xxiii) earnings before interest and taxes, (xxiv)
earnings before interest, taxes,  depreciation and amortization,  (xxv) earnings
per share (basic or diluted),  (xxvi) profitability as measured by return ratios
(including,  but not limited to, return on assets,  return on equity,  return on
investment  and return on net  sales),  (xxvii) or by the degree to which any of
the foregoing  earnings  measures  exceed a percentage of net sales;  cash flow;
market  share;  margins  (including,  but not  limited to, one or more of gross,
operating and net earnings  margins);  stock price;  total  stockholder  return;
asset quality;  non-performing assets; revenue growth; operating income; pre- or
after-tax  income;  cash flow per share;  operating  assets;  improvement  in or
attainment  of  expense  levels  or cost  savings;  economic  value  added;  and
improvement in or attainment of working capital levels,  in all cases including,
if selected by the Committee,  minimum  threshold,  mid-level and target levels.
Any Performance  Objective  utilized may be expressed in absolute amounts,  on a
per share  basis,  as a growth rate or change from  preceding  periods,  or as a
comparison to the performance of specified companies or other external measures,
may  relate to one or any  combination  of  corporate,  group,  unit,  division,
Affiliate or individual performance,  and may be expressed in terms of differing
levels of achievement, such as minimum threshold, target and maximum levels.

                  (2) When establishing Performance Objectives for a performance
period, the Administrator may exclude amounts or charges relating to an event or
occurrence that the Administrator  determines,  consistent with the requirements
of Code Section 162(m), should appropriately be excluded.  The Administrator may
also  adjust  Performance  Objectives  for a  performance  period to the  extent
permitted by Code Section  162(m) to prevent the  dilution or  enlargement  of a
Participant's  rights  with  respect  to  performance-based   compensation.  The
Administrator  will  determine any amount  payable in  connection  with an Award
subject to this Section 17(c)  consistent with the  requirements of Code Section
162(m),  and may adjust downward,  but not upward,  any amount  determined to be
otherwise payable in connection with such an Award.

         (d) Issuance of Shares; Rights as Shareholder.

                  (1) With  respect to a  Restricted  Stock  Award,  the Company
shall cause to be issued a stock  certificate  representing such shares of Stock
in  the   Participant's   name,  and  shall  deliver  such  certificate  to  the
Participant;  provided,  however,  that the Company shall place a legend on such
certificate  describing the risks of forfeiture and other transfer  restrictions
set forth in the Participant's  Restricted Stock Agreement and providing for the
cancellation  and return of such  certificate  if the shares of Stock subject to
the  Restricted  Stock  Award  are  forfeited.  Shares  of  Stock  subject  to a
Restricted  Stock Award may  alternatively  be evidenced by a book-entry  in the
name of the Participant  with the Company's  transfer agent,  and any book entry
position  shall be  subject  to the  applicable  risks of  forfeiture  and other
transfer restrictions and accompanied by a corresponding  legend/instructions to
the  transfer  agent.  Until the risks of  forfeiture  have lapsed or the shares
subject to such  Restricted  Stock Award have been  forfeited,  the  Participant
shall  be  entitled  to vote  the  shares  of Stock  represented  by such  stock
certificates  and shall receive all dividends  attributable to such shares,  but
the Participant shall not have any other rights as a shareholder with respect to
such shares.

                  (2) With  respect to a  Restricted  Stock Unit  Award,  as the
Restricted Stock Units vest and the risks of forfeiture lapse, the Administrator
shall cause to be issued to the  Participant  shares of Stock in satisfaction of
such Restricted  Stock Units within such time period after vesting as will cause

                                       12
<PAGE>

such  payment to qualify  for the  "short-term  deferral"  exemption  under Code
Section 409A.

         (e) Other  Provisions.  The  Restricted  Stock  Agreement or Restricted
Stock Unit Agreement  authorized  under this Section 17 shall contain such other
provisions as the Administrator shall deem advisable.

         (f) Delay of Payment for Section 162(m). In the event the Administrator
reasonably  anticipates  that the Company's income tax deduction with respect to
any issuance of shares of Stock following the vesting of a Restricted Stock Unit
Award would not be permitted by the application of Code Section 162(m),  and the
Administrator determines that as of the date the Restricted Stock Unit Award was
granted a reasonable  person would not have  anticipated the application of Code
Section  162(m) at the time of vesting and  settlement of the  Restricted  Stock
Unit Award,  the  Administrator  may,  subject to such terms and  conditions  as
determined  by the  Administrator,  delay the  issuance  of such shares of Stock
until  the date at  which  the  Administrator  reasonably  anticipates  that the
corresponding  income  tax  deduction  will no longer be  restricted  due to the
application of Code Section 162(m).

         (g) Limitation on Restricted  Stock and Restricted  Stock Units.  In no
event shall any Participant  receive during any one fiscal year Restricted Stock
and Restricted Stock Unit Awards for a number of shares of Stock that is greater
than (i) 175% of the  Participant's  base  salary  in  effect on the date of the
grant of the Award, divided by (ii) the Fair Market Value of a share of Stock on
the date of the grant of the Award.

                                   SECTION 18.
                                OTHER PROVISIONS
                                ----------------

         (a) Withholding  Taxes.  The Company or its Affiliate shall be entitled
to withhold and deduct from any  compensation  owed to a Participant all legally
required   amounts   necessary   to  satisfy   any  and  all   withholding   and
employment-related taxes attributable to the exercise,  vesting or payment of an
Award to the Participant, and to require a Participant receiving shares of Stock
under the Plan to pay a cash amount sufficient to cover any required withholding
taxes before actual  receipt of those shares.  In the event the  Participant  is
required under the applicable  Award  agreement to pay the Company or Affiliate,
or make arrangements satisfactory to the Company or Affiliate respecting payment
of, such withholding and employment-related taxes, the Administrator may, in its
discretion and pursuant to such rules as it may adopt,  permit such  obligations
to be satisfied, in whole or in part, by the Participant's delivery of shares of
Stock (including  shares received  pursuant to a Restricted Stock Award on which
the risks of forfeiture have lapsed) or by the Company or Affiliate  withholding
shares of Stock  otherwise  issuable  to the  Participant  upon the  vesting  or
exercise of an Award. Such shares delivered or withheld shall have a Fair Market
Value  equal to the  minimum  required  tax  withholding,  based on the  minimum
statutory  withholding  rates for  federal  and state  tax  purposes,  including
payroll taxes, that are then applicable. In no event may the Participant deliver
or have withheld  shares having a Fair Market Value in excess of such  statutory
minimum  required tax  withholding.  Any election by a Participant to deliver or
have  withheld  shares of Stock for this purpose  shall be made on or before the
date that the amount of tax to be withheld is determined  under  applicable  tax
law. Such election must be approved by the  Administrator  and otherwise  comply
with such rules as the  Administrator  may adopt to assure  compliance with Rule
16b-3 under the Exchange Act, if applicable.

                                       13
<PAGE>

         (b)  Change  in  Status.  Neither  the  transfer  of  employment  of  a
Participant between any of the Company or its Affiliates, nor a leave of absence
granted to such  Participant  and approved by the  Committee,  nor any change in
status among employee, consultant or non-employee director of the Company or its
Affiliates  shall be deemed a termination of employment or services for purposes
of the Plan.

          (c) Code Section  409A.  It is intended that (i) all Awards of Options
and  Restricted  Stock  under  the Plan will not  provide  for the  deferral  of
compensation  within the meaning of Code Section 409A and thereby be exempt from
such Section 409A, and (ii) all Restricted Stock Unit Awards under the Plan will
either not provide for the deferral of  compensation  within the meaning of such
Section 409A,  or will comply with the  requirements  of such Section 409A,  and
Awards shall be structured  and the Plan  administered  in accordance  with this
intent.

          (d) Choice of Law. To the extent that  federal  laws do not  otherwise
control,  the Plan and all determinations made and actions taken pursuant to the
Plan shall be governed by the laws of the State of Minnesota  without  regard to
its conflicts-of-law principles and shall be construed accordingly.

          (e) Severability of Provisions.  If any provision of the Plan shall be
held illegal or invalid for any reason,  the illegality or invalidity  shall not
affect the  remaining  parts of the Plan,  and the Plan shall be  construed  and
enforced as if the illegal or invalid provision had not been included.

                                       14EXHIBIT 10.2

                     THE EXECUTIVE NONQUALIFIED EXCESS PLAN
                                  PLAN DOCUMENT

<PAGE>

                     THE EXECUTIVE NONQUALIFIED EXCESS PLAN

         Section 1.        Purpose:
         ----------        --------

         By execution of the Adoption Agreement, the Employer has adopted the
Plan set forth herein, and in the Adoption Agreement, to provide a means by
which certain management Employees or Independent Contractors of the Employer
may elect to defer receipt of current Compensation from the Employer in order to
provide retirement and other benefits on behalf of such Employees or Independent
Contractors of the Employer, as selected in the Adoption Agreement. The Plan is
intended to be a nonqualified deferred compensation plan that complies with the
provisions of Section 409A of the Internal Revenue Code (the "Code"). The Plan
is also intended to be an unfunded plan maintained primarily for the purpose of
providing deferred compensation benefits for a select group of management or
highly compensated employees under Sections 201(2), 301(a)(3) and 401(a)(l) of
the Employee Retirement Income Security Act of 1974 ("ERISA") and independent
contractors. Notwithstanding any other provision of this Plan, this Plan shall
be interpreted, operated and administered in a manner consistent with these
intentions.

         Section 2.        Definitions:
         ----------        ------------

         As used in the Plan, including this Section 2, references to one gender
shall include the other, unless otherwise indicated by the context:

         2.1 "Active Participant" means, with respect to any day or date, a
Participant who is in Service on such day or date; provided, that a Participant
shall cease to be an Active Participant (i) immediately upon a determination by
the Committee that the Participant has ceased to be an Employee or Independent

                                       1
<PAGE>

Contractor, or (ii) at the end of the Plan Year that the Committee determines
the Participant no longer meets the eligibility requirements of the Plan.

         2.2 "Adoption Agreement" means the written agreement pursuant to which
the Employer adopts the Plan. The Adoption Agreement is a part of the Plan as
applied to the Employer.

         2.3 "Beneficiary" means the person, persons, entity or entities
designated or determined pursuant to the provisions of Section 13 of the Plan.

         2.4 "Board" means the Board of Directors of the Company, if the Company
is a corporation. If the Company is not a corporation, "Board" shall mean the
Company.

         2.5 "Change in Control Event" means an event described in Section
409A(a)(2)(A)(v) of the Code (or any successor provision thereto) and the
regulations thereunder.

         2.6 "Committee" means the persons or entity designated in the Adoption
Agreement to administer the Plan. If the Committee designated in the Adoption
Agreement is unable to serve, the Employer shall satisfy the duties of the
Committee provided for in Section 9.

         2.7 "Company" means the company designated in the Adoption Agreement as
such.

         2.8 "Compensation" shall have the meaning designated in the Adoption
Agreement.

         2.9 "Crediting Date" means the date designated in the Adoption
Agreement for crediting the amount of any Participant Deferral Credits to the
Deferred Compensation Account of a Participant. Employer Credits may be credited

                                       2
<PAGE>

to the Deferred Compensation Account of a Participant on any day that securities
are traded on a national securities exchange.

         2.10 "Deferred Compensation Account" means the account maintained with
respect to each Participant under the Plan. The Deferred Compensation Account
shall be credited with Participant Deferral Credits and Employer Credits,
credited or debited for deemed investment gains or losses, and adjusted for
payments in accordance with the rules and elections in effect under Section 8.
The Deferred Compensation Account of a Participant shall include any In-Service
or Education Account of the Participant, if applicable.

         2.11 "Disabled" means Disabled within the meaning of Section 409A of
the Code and the regulations thereunder. Generally, this means that the
Participant is unable to engage in any substantial gainful activity by reason of
any medically determinable physical or mental impairment which can be expected
to result in death or can be expected to last for a continuous period of not
less than 12 months, or is, by reason of any medically determinable physical or
mental impairment which can be expected to result in death or can be expected to
last for a continuous period of not less than 12 months, receiving income
replacement benefits for a period of not less than three months under an
accident and health plan covering Employees of the Employer.

         2.12 "Education Account" is an In-Service Account which will be used by
the Participant for educational purposes.

         2.13 "Effective Date" shall be the date designated in the Adoption
Agreement.

         2.14 "Employee" means an individual in the Service of the Employer if
the relationship between the individual and the Employer is the legal

                                       3
<PAGE>

relationship of employer and employee and if the individual is a highly
compensated or management employee of the Employer. An individual shall cease to
be an Employee upon the Employee's separation from Service.

         2.15 "Employer" means the Company, as identified in the Adoption
Agreement, and any Participating Employer which adopts this Plan. An Employer
may be a corporation, a limited liability company, a partnership or sole
proprietorship.

         2.16 "Employer Credits" means the amounts credited to the Participant's
Deferred Compensation Account by the Employer pursuant to the provisions of
Section 4.2.

         2.17 "Grandfathered Amounts" means, if applicable, the amounts that
were deferred under the Plan and were earned and vested within the meaning of
Section 409A of the Code and regulations thereunder as of December 31, 2004.
Grandfathered Amounts shall be subject to the terms designated in the Adoption
Agreement.

         2.18 "Independent Contractor" means an individual in the Service of the
Employer if the relationship between the individual and the Employer is not the
legal relationship of employer and employee. An individual shall cease to be an
Independent Contractor upon the termination of the Independent Contractor's
Service. An Independent Contractor shall include a director of the Employer who
is not an Employee.

         2.19 "In-Service Account" means a separate account to be kept for each
Participant that has elected to take in-service distributions as described in
Section 5.4. The In-Service Account shall be adjusted in the same manner and at
the same time as the Deferred Compensation Account under Section 8 and in
accordance with the rules and elections in effect under Section 8.

                                       4
<PAGE>

         2.20 "Normal Retirement Age" of a Participant means the age designated
in the Adoption Agreement.

         2.21 "Participant" means with respect to any Plan Year an Employee or
Independent Contractor who has been designated by the Committee as a Participant
and who has entered the Plan or who has a Deferred Compensation Account under
the Plan.

         2.22 "Participant Deferral Credits" means the amounts credited to the
Participant's Deferred Compensation Account by the Employer pursuant to the
provisions of Section 4.1.

         2.23 "Participating Employer" means any trade or business (whether or
not incorporated) which adopts this Plan with the consent of the Company
identified in the Adoption Agreement.

         2.24 "Participation Agreement" means a written agreement entered into
between a Participant and the Employer pursuant to the provisions of Section 4.1

         2.25 "Performance-Based Compensation" means compensation where the
amount of, or entitlement to, the compensation is contingent on the satisfaction
of preestablished organizational or individual performance criteria relating to
a performance period of at least twelve months. Organizational or individual
performance criteria are considered preestablished if established in writing
within 90 days after the commencement of the period of service to which the
criteria relates, provided that the outcome is substantially uncertain at the
time the criteria are established. Performance-based compensation may include
payments based upon subjective performance criteria as provided in regulations
and administrative guidance promulgated under Section 409A of the Code.

                                       5
<PAGE>

         2.26 "Plan" means The Executive Nonqualified Excess Plan, as herein set
out and as set out in the Adoption Agreement, or as duly amended. The name of
the Plan as applied to the Employer shall be designated in the Adoption
Agreement.
         2.27 "Plan-Approved Domestic Relations Order" shall mean a judgment,
decree, or order (including the approval of a settlement agreement) which is:

         2.27.1  Issued pursuant to a State's domestic relations law;

         2.27.2 Relates to the provision of child support, alimony payments or
marital property rights to a Spouse, former Spouse, child or other dependent of
the Participant;

         2.27.3 Creates or recognizes the right of a Spouse, former Spouse,
child or other dependent of the Participant to receive all or a portion of the
Participant's benefits under the Plan;

         2.27.4 Requires payment to such person of their interest in the
Participant's benefits in an immediate lump payment; and

         2.27.5 Meets such other requirements established by the Committee.

         2.28 "Plan Year" means the twelve-month period ending on the last day
of the month designated in the Adoption Agreement; provided that the initial
Plan Year may have fewer than twelve months.

         2.29 "Qualifying Distribution Event" means (i) the Separation from
Service of the Participant, (ii) the date the Participant becomes Disabled,
(iii) the death of the Participant, (iv) the time specified by the Participant
for an In-Service or Education Distribution, (v) a Change in Control Event, or
(vi) an Unforeseeable Emergency, each to the extent provided in Section 5.

         2.30 "Seniority Date" shall have the meaning designated in the
Adoption Agreement.

                                       6
<PAGE>

         2.31 "Separation from Service" or "Separates from Service" means a
"separation from service" within the meaning of Section 409A of the Code.

         2.32 "Service" means employment by the Employer as an Employee. For
purposes of the Plan, the employment relationship is treated as continuing
intact while the Employee is on military leave, sick leave, or other bona fide
leave of absence if the period of such leave does not exceed six months, or if
longer, so long as the Employee's right to reemployment is provided either by
statute or contract. If the Participant is an Independent Contractor, "Service"
shall mean the period during which the contractual relationship exists between
the Employer and the Participant. The contractual relationship is not terminated
if the Participant anticipates a renewal of the contract or becomes an Employee.

         2.33 "Service Bonus" means any bonus paid to a Participant by the
Employer which is not Performance-Based Compensation.

         2.34 "Specified Employee" means an employee who meets the requirements
for key employee treatment under Section 416(i)(l)(A)(i), (ii) or (iii) of the
Code (applied in accordance with the regulations thereunder and without regard
to Section 416(i)(5) of the Code) at any time during the twelve month period
ending on December 31 of each year (the "identification date"). Unless binding
corporate action is taken to establish different rules for determining Specified
Employees for all plans of the Company and its controlled group members that are
subject to Section 409A of the Code, the foregoing rules and the other default
rules under the regulations of Section 409A of the Code shall apply. If the
person is a key employee as of any identification date, the person is treated as

                                       7
<PAGE>

a Specified Employee for the twelve-month period beginning on the first day of
the fourth month following the identification date.

         2.35 "Spouse" or "Surviving Spouse" means, except as otherwise provided
in the Plan, a person who is the legally married spouse or surviving spouse of a
Participant.

         2.36 "Unforeseeable Emergency" means an "unforeseeable emergency"
within the meaning of Section 409A of the Code.

         2.37 "Years of Service" means each Plan Year of Service completed by
the Participant. For vesting purposes, Years of Service shall be calculated from
the date designated in the Adoption Agreement and Service shall be based on
service with the Company and all Participating Employers.

         Section 3.        Participation:
         ----------        --------------

         The Committee in its discretion shall designate each Employee or
Independent Contractor who is eligible to participate in the Plan. A Participant
who separates from Service with the Employer and who later returns to Service
will not be an Active Participant under the Plan except upon satisfaction of
such terms and conditions as the Committee shall establish upon the
Participant's return to Service, whether or not the Participant shall have a
balance remaining in the Deferred Compensation Account under the Plan on the
date of the return to Service.

         Section 4.        Credits to Deferred Compensation Account:
         ----------        -----------------------------------------

         4.1   Participant Deferral Credits. To the extent provided in the
Adoption Agreement, each Active Participant may elect, by entering into a
Participation Agreement with the Employer, to defer the receipt of Compensation
from the Employer by a dollar amount or percentage specified in the

                                       8
<PAGE>

Participation Agreement. The amount of Compensation the Participant elects to
defer, the Participant Deferral Credit, shall be credited by the Employer to the
Deferred Compensation Account maintained for the Participant pursuant to Section
8. The following special provisions shall apply with respect to the Participant
Deferral Credits of a Participant:

         4.1.1 The Employer shall credit to the Participant's Deferred
Compensation Account on each Crediting Date an amount equal to the total
Participant Deferral Credit for the period ending on such Crediting Date.

         4.1.2 An election pursuant to this Section 4.1 shall be made by the
Participant by executing and delivering a Participation Agreement to the
Committee. Except as otherwise provided in this Section 4.1, the Participation
Agreement shall become effective with respect to such Participant as of the
first day of January following the date such Participation Agreement is received
by the Committee. A Participant's election may be changed at any time prior to
the last permissible date for making the election as permitted in this Section
4.1, and shall thereafter be irrevocable. The election of a Participant shall
continue in effect for subsequent years until modified by the Participant as
permitted in this Section 4.1.

         4.1.3 A Participant may execute and deliver a Participation Agreement
to the Committee within 30 days after the date the Participant first becomes
eligible to participate in the Plan to be effective as of the first payroll
period next following the date the Participation Agreement is fully executed.
Whether a Participant is treated as newly eligible for participation under this
Section shall be determined in accordance with Section 409A of the Code and the
regulations thereunder, including (i) rules that treat all elective deferral
account balance plans as one plan, and (ii) rules that treat a previously
eligible employee as newly eligible if his benefits had been previously
distributed or if he has been ineligible for 24 months. For Compensation that is
earned based upon a specified performance period (for example, an annual bonus),
where a deferral election is made under this Section but after the beginning of
the performance period, the election will only apply to the portion of the
Compensation equal to the total amount of the Compensation for the service
period multiplied by the ratio of the number of days remaining in the
performance period after the election over the total number of days in the
performance period.

         4.1.4 A Participant may unilaterally modify a Participation Agreement
(either to terminate, increase or decrease the portion of his future
Compensation which is subject to deferral within the percentage limits set forth
in Section 4.1 of the Adoption Agreement) by providing a written modification of
the Participation Agreement to the Committee. The modification shall become
effective as of the first day of January following the date such written
modification is received by the Committee.

                                       9
<PAGE>

         4.1.5 If the Participant performed services continuously from the later
of the beginning of the performance period or the date upon which the
performance criteria are established through the date upon which the Participant
makes an initial deferral election, a Participation Agreement relating to the
deferral of Performance-Based Compensation may be executed and delivered to the
Committee no later than the date which is 6 months prior to the end of the
performance period, provided that in no event may an election to defer
Performance-Based Compensation be made after such Compensation has become
readily ascertainable.

         4.1.6 If the Employer has a fiscal year other than the calendar year,
Compensation relating to Service in the fiscal year of the Employer (such as a
bonus based on the fiscal year of the Employer), of which no amount is paid or
payable during the fiscal year, may be deferred at the Participant's election if
the election to defer is made not later than the close of the Employer's fiscal
year next preceding the first fiscal year in which the Participant performs any
services for which such Compensation is payable.

         4.1.7 Compensation payable after the last day of the Participant's
taxable year solely for services provided during the final payroll period
containing the last day of the Participant's taxable year (i.e., December 31) is
treated for purposes of this Section 4.1 as Compensation for services performed
in the subsequent taxable year.

         4.1.8 The Committee may from time to time establish policies or rules
consistent with the requirements of Section 409A of the Code to govern the
manner in which Participant Deferral Credits may be made.

         4.1.9 If a Participant becomes Disabled or applies for and is eligible
for a distribution on account of an Unforeseeable Emergency during a Plan Year,
his deferral election for such Plan Year shall be cancelled.

         4.2 Employer Credits. If designated by the Employer in the Adoption
Agreement, the Employer shall cause the Committee to credit to the Deferred
Compensation Account of each Active Participant an Employer Credit as determined
in accordance with the Adoption Agreement. A Participant must make distribution
elections with respect to any Employer Credits credited to his Deferred
Compensation Account by the deadline that would apply under Section 4.1 for
distribution elections with respect to Participant Deferral Credits credited at

                                       10
<PAGE>

the same time, on a Participation Agreement that is timely executed and
delivered to the Committee pursuant to Section 4.1.

         4.3 Deferred Compensation Account. All Participant Deferral Credits and
Employer Credits shall be credited to the Deferred Compensation Account of the
Participant as provided in Section 8.

         Section 5.        Qualifying Distribution Events:
         ----------        -------------------------------

         5.1 Separation from Service. If the Participant Separates from Service
with the Employer, the vested balance in the Deferred Compensation Account shall
be paid to the Participant by the Employer as provided in Section 7.
Notwithstanding the foregoing, no distribution shall be made earlier than six
months after the date of Separation from Service (or, if earlier, the date of
death) with respect to a Participant who as of the date of Separation from
Service is a Specified Employee of a corporation the stock in which is traded on
an established securities market or otherwise. Any payments to which a Specified
Employee would be entitled during the first six months following the date of
Separation from Service shall be accumulated and paid on the first day of the
seventh month following the date of Separation from Service.

         5.2 Disability. If the Employer designates in the Adoption Agreement
that distributions are permitted under the Plan when a Participant becomes
Disabled, and the Participant becomes Disabled while in Service, the vested
balance in the Deferred Compensation Account shall be paid to the Participant by
the Employer as provided in Section 7.

                                       11
<PAGE>

         5.3 Death. If the Participant dies while in Service, the Employer shall
pay a benefit to the Participant's Beneficiary in the amount designated in the
Adoption Agreement. Payment of such benefit shall be made by the Employer as
provided in Section 7.

         5.4 In-Service or Education Distributions. If the Employer designates
in the Adoption Agreement that in-service or education distributions are
permitted under the Plan, a Participant may designate in the Participation
Agreement to have a specified amount credited to the Participant's In-Service or
Education Account for in-service or education distributions at the date
specified by the Participant. In no event may an in-service or education
distribution of an amount be made before the date that is two years after the
first day of the year in which such amount was credited to the In-Service or
Education Account. Notwithstanding the foregoing, if a Participant incurs a
Qualifying Distribution Event prior to the date on which the entire balance in
the In-Service or Education Account has been distributed, then the balance in
the In-Service or Education Account on the date of the Qualifying Distribution
Event shall be paid as provided under Section 7.1 for payments on such
Qualifying Distribution Event.

         5.5  Change in Control Event. If the Employer designates in the
Adoption Agreement that distributions are permitted under the Plan upon the
occurrence of a Change in Control Event, the Participant may designate in the
Participation Agreement to have the vested balance in the Deferred Compensation
Account paid to the Participant upon a Change in Control Event by the Employer
as provided in Section 7.

         5.6  Unforeseeable Emergency. If the Employer designates in the
Adoption Agreement that distributions are permitted under the Plan upon the

                                       12
<PAGE>

occurrence of an Unforeseeable Emergency event, a distribution from the Deferred
Compensation Account may be made to a Participant in the event of an
Unforeseeable Emergency, subject to the following provisions:

         5.6.1 A Participant may, at any time prior to his Separation from
Service for any reason, make application to the Committee to receive a
distribution in a lump sum of all or a portion of the vested balance in the
Deferred Compensation Account (determined as of the date the distribution, if
any, is made under this Section 5.6) because of an Unforeseeable Emergency. A
distribution because of an Unforeseeable Emergency shall not exceed the amount
required to satisfy the Unforeseeable Emergency plus amounts necessary to pay
taxes reasonably anticipated as a result of such distribution, after taking into
account the extent to which the Unforeseeable Emergency may be relieved through
reimbursement or compensation by insurance or otherwise or by liquidation of the
Participant's assets (to the extent the liquidation of such assets would not
itself cause severe financial hardship) or by stopping current deferrals under
the Plan pursuant to Section 4.1.9.

         5.6.2 The Participant's request for a distribution on account of
Unforeseeable Emergency must be made in writing to the Committee. The request
must specify the nature of the financial hardship, the total amount requested to
be distributed from the Deferred Compensation Account, and the total amount of
the actual expense incurred or to be incurred on account of the Unforeseeable
Emergency.

         5.6.3 If a distribution under this Section 5.6 is approved by the
Committee, such distribution will be made as soon as practicable following the
date it is approved. The processing of the request shall be completed as soon as
practicable from the date on which the Committee receives the properly completed
written request for a distribution on account of an Unforeseeable Emergency. If
a Participant's Separation from Service occurs after a request is approved in
accordance with this Section 5.6.3, but prior to distribution of the full amount
approved, the approval of the request shall be automatically null and void and
the benefits which the Participant is entitled to receive under the Plan shall
be distributed in accordance with the applicable distribution provisions of the
Plan.

         5.6.4 The Committee may from time to time adopt additional policies or
rules consistent with the requirements of Section 409A of the Code to govern the
manner in which such distributions may be made so that the Plan may be
conveniently administered.

         Section 6.        Vesting:
         ----------        --------

         A Participant shall be fully vested in the portion of his Deferred

                                       13
<PAGE>

Compensation Account attributable to Participant Deferral Credits, and all
income, gains and losses attributable thereto. A Participant shall become fully
vested in the portion of his Deferred Compensation Account attributable to
Employer Credits, and income, gains and losses attributable thereto, in
accordance with the vesting schedule and provisions designated by the Employer
in the Adoption Agreement. If a Participant's Deferred Compensation Account is
not fully vested upon Separation from Service, the portion of the Deferred
Compensation Account that is not fully vested shall thereupon be forfeited.

         Section 7.        Distribution Rules:
         ----------        -------------------

         7.1      Payment Options. The Employer shall designate in the Adoption
Agreement the payment options which may be elected by the Participant (lump sum,
annual installments, or a combination of both). Different payment options may be
made available for each Qualifying Distribution Event, and different payment
options may be available for different types of Separations from Service, all as
designated in the Adoption Agreement. The Participant shall elect in the
Participation Agreement the method under which the vested balance in the
Deferred Compensation Account will be distributed from among the designated
payment options. The Participant may at such time elect a different method of
payment for each Qualifying Distribution Event as specified in the Adoption
Agreement. If the Participant is permitted by the Employer in the Adoption
Agreement to elect different payment options and does not make a valid election,
the vested balance in the Deferred Compensation Account will be distributed as a
lump sum.

                                       14
<PAGE>

         Notwithstanding the foregoing, if certain Qualifying Distribution
Events occur prior to the date on which the vested balance of a Participant's
Deferred Compensation Account is completely paid pursuant to this Section 7.1
following the occurrence of certain initial Qualifying Distribution Events, the
following rules apply:

         7.1.1 If the initial Qualifying Distribution Event is a Separation from
Service or Disability, and the Participant subsequently dies, the remaining
unpaid vested balance of a Participant's Deferred Compensation Account shall be
paid as a lump sum.

         7.1.2 If the initial Qualifying Distribution Event is a Change in
Control Event, and any subsequent Qualifying Distribution Event occurs (except
an In-Service or Education Distribution described in Section 2.29(iv)), the
remaining unpaid vested balance of a Participant's Deferred Compensation Account
shall be paid as provided under Section 7.1 for payments on such subsequent
Qualifying Distribution Event.

         7.2 Timing of Payments. Payment shall be made in the manner elected by
the Participant and shall commence as soon as practicable after (but no later
than 60 days after) the distribution date elected for the Qualifying
Distribution Event. In the event the Participant fails to make a valid election
of the payment method, the distribution will be made in a single lump sum
payment as soon as practicable after (but no later than 60 days after) the
Qualifying Distribution Event. A payment may be further delayed to the extent
permitted in accordance with regulations and guidance under Section 409A of the
Code.
         7.3 Installment Payments. If the Participant elects to receive
installment payments upon a Qualifying Distribution Event, the payment of each
annual installment shall be made on the anniversary of the date of the first
installment payment, and the amount of the annual installment shall be adjusted
on such anniversary for credits or debits to the Participant's account pursuant
to Section 8 of the Plan. Such adjustment shall be made by dividing the balance
in the Deferred Compensation Account on such date by the number of annual
installments remaining to be paid hereunder; provided that the last annual

                                       15
<PAGE>

installment due under the Plan shall be the entire amount credited to the
Participant's account on the date of payment.

         7.4 De Minimis Amounts. Notwithstanding any payment election made by
the Participant, if the Employer designates a pre-determined de minimis amount
in the Adoption Agreement, the vested balance in the Deferred Compensation
Account of the Participant will be distributed in a single lump sum payment if
at the time of a permitted Qualifying Distribution Event the vested balance does
not exceed such pre-determined de minimis amount; provided, however, that such
distribution will be made only where the Qualifying Distribution Event is a
Separation from Service, death, Disability (if applicable) or Change in Control
Event (if applicable). Such payment shall be made on or before the later of (i)
December 31 of the calendar year in which the Qualifying Distribution Event
occurs, or (ii) the date that is 2-1/2 months after the Qualifying Distribution
Event occurs. In addition, the Employer may distribute a Participant's vested
balance at any time if the balance does not exceed the limit in Section
402(g)(1)(B) of the Code and results in the termination of the Participant's
entire interest in the Plan as provided under Section 409A of the Code.

         7.5 Subsequent Elections. With the consent of the Committee, a
Participant may delay or change the method of payment of the Deferred
Compensation Account subject to the following requirements:

         7.5.1 The new election may not take effect until at least 12 months
after the date on which the new election is made.

         7.5.2 If the new election relates to a payment for a Qualifying
Distribution Event other than the death of the Participant, the Participant
becoming Disabled, or an Unforeseeable Emergency, the new election must provide
for the deferral of the payment for a period of at least five years from the
date such payment would otherwise have been made.

                                       16
<PAGE>

         7.5.3 If the new election relates to a payment from the In-Service or
Education Account, the new election must be made at least 12 months prior to the
date of the first scheduled payment from such account.

For purposes of this Section 7.5 and Section 7.6, a payment is each separately
identified amount to which the Participant is entitled under the Plan; provided,
that entitlement to a series of installment payments is treated as the
entitlement to a single payment.

         7.6 Acceleration Prohibited. The acceleration of the time or schedule
of any payment due under the Plan is prohibited except as expressly provided in
regulations and administrative guidance promulgated under Section 409A of the
Code (such as accelerations for domestic relations orders and employment taxes).
It is not an acceleration of the time or schedule of payment if the Employer
waives or accelerates the vesting requirements applicable to a benefit under the
Plan.
         Section 8.        Accounts; Deemed Investment; Adjustments to Account:
         ----------        ----------------------------------------------------

         8.1 Accounts. The Committee shall establish a book reserve account,
entitled the "Deferred Compensation Account," on behalf of each Participant. The
Committee shall also establish an In-Service or Education Account as a part of
the Deferred Compensation Account of each Participant, if applicable. The amount
credited to the Deferred Compensation Account shall be adjusted pursuant to the
provisions of Section 8.3.

         8.2      Deemed Investments. The Deferred Compensation Account of a
Participant shall be credited with an investment return determined as if the
account were invested in one or more investment funds made available by the
Committee. The Participant shall elect the investment funds in which his
Deferred Compensation Account shall be deemed to be invested. Such election

                                       17
<PAGE>

shall be made in the manner prescribed by the Committee and shall take effect
upon the entry of the Participant into the Plan. The investment election of the
Participant shall remain in effect until a new election is made by the
Participant. In the event the Participant fails for any reason to make an
effective election of the investment return to be credited to his account, the
investment return shall be determined by the Committee.

         8.3   Adjustments to Deferred Compensation Account. With respect to
each Participant who has a Deferred Compensation Account under the Plan, the
amount credited to such account shall be adjusted by the following debits and
credits, at the times and in the order stated:

         8.3.1 The Deferred Compensation Account shall be debited each business
day with the total amount of any payments made from such account since the last
preceding business day to him or for his benefit.

         8.3.2 The Deferred Compensation Account shall be credited on each
Crediting Date with the total amount of any Participant Deferral Credits and
Employer Credits to such account since the last preceding Crediting Date.

         8.3.3 The Deferred Compensation Account shall be credited or debited on
each day securities are traded on a national stock exchange with the amount of
deemed investment gain or loss resulting from the performance of the investment
funds elected by the Participant in accordance with Section 8.2. The amount of
such deemed investment gain or loss shall be determined by the Committee and
such determination shall be final and conclusive upon all concerned.

         Section 9.        Administration by Committee:
         ----------        ----------------------------

         9.1 Membership of Committee. If the Committee consists of individuals
appointed by the Board, they will serve at the pleasure of the Board. Any member
of the Committee may resign, and his successor, if any, shall be appointed by
the Board.

         9.2 General Administration. The Committee shall be responsible for the
operation and administration of the Plan and for carrying out its provisions.
The Committee shall have the full authority and discretion to make, amend,

                                       18
<PAGE>

interpret, and enforce all appropriate rules and regulations for the
administration of this Plan and decide or resolve any and all questions,
including interpretations of this Plan, as may arise in connection with this
Plan. Any such action taken by the Committee shall be final and conclusive on
any party. To the extent the Committee has been granted discretionary authority
under the Plan, the Committee's prior exercise of such authority shall not
obligate it to exercise its authority in a like fashion thereafter. The
Committee shall be entitled to rely conclusively upon all tables, valuations,
certificates, opinions and reports furnished by any actuary, accountant,
controller, counsel or other person employed or engaged by the Employer with
respect to the Plan. The Committee may, from time to time, employ agents and
delegate to such agents, including employees of the Employer, such
administrative or other duties as it sees fit.

         9.3 Indemnification. To the extent not covered by insurance, the
Employer shall indemnify the Committee, each employee, officer, director, and
agent of the Employer, and all persons formerly serving in such capacities,
against any and all liabilities or expenses, including all legal fees relating
thereto, arising in connection with the exercise of their duties and
responsibilities with respect to the Plan, provided however that the Employer
shall not indemnify any person for liabilities or expenses due to that person's
own gross negligence or willful misconduct

         Section 10.       Contractual Liability:
         -----------       ----------------------

        10.1 Contractual Liability. Unless otherwise elected in the Adoption
Agreement, the Company shall be obligated to make all payments hereunder. This
obligation shall constitute a contractual liability of the Company to the
Participants, and such payments shall be made from the general funds of the

                                       19
<PAGE>

Company. The Company shall not be required to establish or maintain any special
or separate fund, or otherwise to segregate assets to assure that such payments
shall be made, and the Participants shall not have any interest in any
particular assets of the Company by reason of its obligations hereunder. To the
extent that any person acquires a right to receive payment from the Company,
such right shall be no greater than the right of an unsecured creditor of the
Company.

        10.2 Trust. The Employer may establish a trust to assist it in meeting
its obligations under the Plan. Any such trust would be treated as a grantor
trust for purposes of the Code and all assets of the trust would be held in the
United States. The establishment of such a trust would not be intended to cause
Participants to realize current income on amounts contributed thereto, and the
trust would be so interpreted and administered.

        Section 11.      Allocation of Responsibilities:
        -----------      -------------------------------

        The persons responsible for the Plan and the duties and responsibilities
allocated to each are as follows:

        11.1  Board.

        (i)   To amend the Plan;
        (ii)  To appoint and remove members of the Committee; and
        (iii) To terminate the Plan as permitted in Section 14.

        11.2  Committee.

        (i)   To designate Participants;
        (ii)  To interpret the provisions of the Plan and to determine the
              rights of the Participants under the Plan, except to the extent
              otherwise provided in Section 16 relating to claims procedure;
        (iii) To administer the Plan in accordance with its terms, except to the
              extent powers to administer the Plan are specifically delegated to
              another person or persons as provided in the Plan;

                                       20
<PAGE>

        (iv)  To account for the amount credited to the Deferred Compensation
              Account of a Participant; and

        (v)   To direct the Employer in the payment of benefits.

        (vi)  To file such reports as may be required with the United States
              Department of Labor, the Internal Revenue Service and any other
              government agency to which reports may be required to be submitted
              from time to time; and

        (vii) To administer the claims procedure to the extent provided in
              Section 16.

         Section 12.       Benefits Not Assignable; Facility of Payments:
         -----------       ----------------------------------------------

         12.1 Benefits Not Assignable. No portion of any benefit credited or
paid under the Plan with respect to any Participant shall be subject in any
manner to anticipation, alienation, sale, transfer, assignment, pledge,
encumbrance or charge, and any attempt so to anticipate, alienate, sell,
transfer, assign, pledge, encumber or charge the same shall be void, nor shall
any portion of such benefit be in any manner payable to any assignee, receiver
or any one trustee, or be liable for his debts, contracts, liabilities,
engagements or torts. Notwithstanding the foregoing, in the event that all or
any portion of the benefit of a Participant is transferred to the former Spouse
of the Participant incident to a divorce, the Committee shall maintain such
amount for the benefit of the former Spouse until distributed in the manner
required by an order of any court having jurisdiction over the divorce, and the
former Spouse shall be entitled to the same rights as the Participant with
respect to such benefit.

         12.2 Plan-Approved Domestic Relations Orders. The Committee shall
establish procedures for determining whether an order directed to the Plan is a
Plan-Approved Domestic Relations Order. If the Committee determines that an
order is a Plan-Approved Domestic Relations Order, the Committee shall cause the

                                       21
<PAGE>

payment of amounts pursuant to or segregate a separate account as provided by
(and to prevent any payment or act which might be inconsistent with) the
Plan-Approved Domestic Relations Order.

         12.3 Payments to Minors and Others. If any individual entitled to
receive a payment under the Plan shall be physically, mentally or legally
incapable of receiving or acknowledging receipt of such payment, the Committee,
upon the receipt of satisfactory evidence of his incapacity and satisfactory
evidence that another person or institution is maintaining him and that no
guardian or committee has been appointed for him, may cause any payment
otherwise payable to him to be made to such person or institution so maintaining
him. Payment to such person or institution shall be in full satisfaction of all
claims by or through the Participant to the extent of the amount thereof.

         Section 13.       Beneficiary:
         -----------       ------------

         The Participant's beneficiary shall be the person, persons, entity or
entities designated by the Participant on the beneficiary designation form
provided by and filed with the Committee or its designee. If the Participant
does not designate a beneficiary, the beneficiary shall be his Surviving Spouse.
If the Participant does not designate a beneficiary and has no Surviving Spouse,
the beneficiary shall be the Participant's estate. The designation of a
beneficiary may be changed or revoked only by filing a new beneficiary
designation form with the Committee or its designee. If a beneficiary (the
"primary beneficiary") is receiving or is entitled to receive payments under the
Plan and dies before receiving all of the payments due him, the balance to which
he is entitled shall be paid to the contingent beneficiary, if any, named in the
Participant's current beneficiary designation form. If there is no contingent

                                       22
<PAGE>

beneficiary, the balance shall be paid to the estate of the primary beneficiary.
Any beneficiary may disclaim all or any part of any benefit to which such
beneficiary shall be entitled hereunder by filing a written disclaimer with the
Committee before payment of such benefit is to be made. Such a disclaimer shall
be made in a form satisfactory to the Committee and shall be irrevocable when
filed. Any benefit disclaimed shall be payable from the Plan in the same manner
as if the beneficiary who filed the disclaimer had predeceased the Participant.

         Section 14.       Amendment and Termination of Plan:
         -----------       ----------------------------------

         The Company may amend any provision of the Plan or terminate the Plan
at any time; provided, that in no event shall such amendment or termination
reduce the balance in any Participant's Deferred Compensation Account as of the
date of such amendment or termination, nor shall any such amendment affect the
terms of the Plan relating to the payment of such Deferred Compensation Account.
Notwithstanding the foregoing, the following special provisions shall apply:

         14.1 Termination in the Discretion of the Employer. Except as otherwise
provided in Sections 14.2, the Company in its discretion may terminate the Plan
and distribute benefits to Participants subject to the following requirements
and any others specified under Section 409A of the Code:

         14.1.1 All arrangements sponsored by the Employer that would be
aggregated with the Plan under Section 1.409A-l(c) of the Treasury Regulations
are terminated.

         14.1.2 No payments other than payments that would be payable under the
terms of the Plan if the termination had not occurred are made within 12 months
of the termination date.

         14.1.3 All benefits under the Plan are paid within 24 months of the
termination date.

         14.1.4 The Employer does not adopt a new arrangement that would be
aggregated with the Plan under Section 1.409A-1(c) of the Treasury Regulations

                                       23
<PAGE>

providing for the deferral of compensation at any time within 3 years following
the date of termination of the Plan.

         14.1.5 The termination does not occur proximate to a downturn in the
financial health of the Employer.

         14.2 Termination Upon Change in Control Event. If the Company
terminates the Plan within thirty days preceding or twelve months following a
Change in Control Event, the Deferred Compensation Account of each Participant
shall become fully vested and payable to the Participant in a lump sum within
twelve months following the date of termination, subject to the requirements of
Section 409A of the Code.

         Section 15.       Communication to Participants:
         -----------       ------------------------------

         The Employer shall make a copy of the Plan available for inspection by
Participants and their beneficiaries during reasonable hours at the principal
office of the Employer.

         Section 16.       Claims Procedure:
         -----------       -----------------

         The following claims procedure shall apply with respect to the Plan:

         16.1 Filing of a Claim for Benefits. If a Participant or Beneficiary
(the "claimant") believes that he is entitled to benefits under the Plan which
are not being paid to him or which are not being accrued for his benefit, he
shall file a written claim therefore with the Committee.

         16.2 Notification to Claimant of Decision. Within 90 days after receipt
of a claim by the Committee (or within 180 days if special circumstances require
an extension of time), the Committee shall notify the claimant of the decision
with regard to the claim. In the event of such special circumstances requiring
an extension of time, there shall be furnished to the claimant prior to
expiration of the initial 90-day period written notice of the extension, which

                                       24
<PAGE>

notice shall set forth the special circumstances and the date by which the
decision shall be furnished. If such claim shall be wholly or partially denied,
notice thereof shall be in writing and worded in a manner calculated to be
understood by the claimant, and shall set forth: (i) the specific reason or
reasons for the denial; (ii) specific reference to pertinent provisions of the
Plan on which the denial is based; (iii) a description of any additional
material or information necessary for the claimant to perfect the claim and an
explanation of why such material or information is necessary; and (iv) an
explanation of the procedure for review of the denial and the time limits
applicable to such procedures, including a statement of the claimant's right to
bring a civil action under ERISA following an adverse benefit determination on
review. Notwithstanding the foregoing, if the claim relates to a disability
determination, the Committee shall notify the claimant of the decision within 45
days (which may be extended for an additional 30 days if required by special
circumstances).

         16.3 Procedure for Review. Within 60 days following receipt by the
claimant of notice denying his claim, in whole or in part, or, if such notice
shall not be given, within 60 days following the latest date on which such
notice could have been timely given, the claimant may appeal denial of the claim
by filing a written application for review with the Committee. Following such
request for review, the Committee shall fully and fairly review the decision
denying the claim. Prior to the decision of the Committee, the claimant shall be
given an opportunity to review pertinent documents and to submit issues and
comments in writing.

         16.4 Decision on Review. The decision on review of a claim denied in
whole or in part by the Committee shall be made in the following manner:

                                       25
<PAGE>

         16.4.1 Within 60 days following receipt by the Committee of the request
for review (or within 120 days if special circumstances require an extension of
time), the Committee shall notify the claimant in writing of its decision with
regard to the claim. In the event of such special circumstances requiring an
extension of time, written notice of the extension shall be furnished to the
claimant prior to the commencement of the extension. Notwithstanding the
foregoing, if the claim relates to a disability determination, the Committee
shall notify the claimant of the decision within 45 days (which may be extended
for an additional 45 days if required by special circumstances).

         16.4.2 With respect to a claim that is denied in whole or in part, the
decision on review shall set forth specific reasons for the decision, shall be
written in a manner calculated to be understood by the claimant, and shall set
forth:

                    (i)  the specific reason or reasons for the adverse
                         determination;

                    (ii) specific reference to pertinent Plan provisions on
                         which the adverse determination is based;

                    (iii) a statement that the claimant is entitled to receive,
                         upon request and free of charge, reasonable access to,
                         and copies of, all documents, records, and other
                         information relevant to the claimant's claim for
                         benefits; and

                    (iv) a statement describing any voluntary appeal procedures
                         offered by the Plan and the claimant's right to obtain
                         the information about such procedures, as well as a
                         statement of the claimant's right to bring an action
                         under ERISA section 502(a).

         16.4.3 The decision of the Committee shall be final and conclusive.

         16.5 Action by Authorized Representative of Claimant. All actions set
forth in this Section 16 to be taken by the claimant may likewise be taken by a
representative of the claimant duly authorized by him to act in his behalf on
such matters. The Committee may require such evidence as either may reasonably
deem necessary or advisable of the authority to act of any such representative.

         Section 17.       Miscellaneous Provisions:
         -----------       -------------------------

         17.1 Set off. Notwithstanding any other provision of this Plan, the
Employer may reduce the amount of any payment otherwise payable to or on behalf

                                       26
<PAGE>

of a Participant hereunder (net of any required withholdings) at the time
payment is due by the amount of any loan, cash advance, extension of credit or
other obligation of the Participant to the Employer that is then due and
payable, and the Participant shall be deemed to have consented to such
reduction. In addition, the Employer may at any time offset a Participant's
Deferral Compensation Account by an amount up to $5,000 to collect any such
amount in accordance with the requirements of Section 409A of the Code.

         17.2 Notices. Each Participant who is not in Service and each
Beneficiary shall be responsible for furnishing the Committee or its designee
with his current address for the mailing of notices and benefit payments. Any
notice required or permitted to be given to such Participant or Beneficiary
shall be deemed given if directed to such address and mailed by regular United
States mail, first class, postage prepaid. If any check mailed to such address
is returned as undeliverable to the addressee, mailing of checks will be
suspended until the Participant or Beneficiary furnishes the proper address.
This provision shall not be construed as requiring the mailing of any notice or
notification otherwise permitted to be given by posting or by other publication.

         17.3 Lost Distributees. A benefit shall be deemed forfeited if the
Committee is unable to locate the Participant or Beneficiary to whom payment is
due on or before the fifth anniversary of the date payment is to be made or
commence; provided, that the deemed investment rate of return pursuant to
Section 8.2 shall cease to be applied to the Participant's account following the
first anniversary of such date; provided further, however, that such benefit
shall be reinstated if a valid claim is made by or on behalf of the Participant
or Beneficiary for all or part of the forfeited benefit.

                                       27
<PAGE>

         17.4 Reliance on Data. The Employer and the Committee shall have the
right to rely on any data provided by the Participant or by any Beneficiary.
Representations of such data shall be binding upon any party seeking to claim a
benefit through a Participant, and the Employer and the Committee shall have no
obligation to inquire into the accuracy of any representation made at any time
by a Participant or Beneficiary.

         17.5 Receipt and Release for Payments. Subject to the provisions of
Section 17.1, any payment made from the Plan to or with respect to any
Participant or Beneficiary, or pursuant to a disclaimer by a Beneficiary, shall,
to the extent thereof, be in full satisfaction of all claims hereunder against
the Plan and the Employer with respect to the Plan. The recipient of any payment
from the Plan may be required by the Committee, as a condition precedent to such
payment, to execute a receipt and release with respect thereto in such form as
shall be acceptable to the Committee.

         17.6 Headings. The headings and subheadings of the Plan have been
inserted for convenience of reference and are to be ignored in any construction
of the provisions hereof.

         17.7 Continuation of Employment. The establishment of the Plan shall
not be construed as conferring any legal or other rights upon any Employee or
any persons for continuation of employment, nor shall it interfere with the
right of the Employer to discharge any Employee or to deal with him without
regard to the effect thereof under the Plan.

         17.8 Merger or Consolidation; Assumption of Plan. No Employer shall
consolidate or merge into or with another corporation or entity, or transfer all
or substantially all of its assets to another corporation, partnership, trust or

                                       28
<PAGE>

other entity (a "Successor Entity") unless such Successor Entity shall assume
the rights, obligations and liabilities of the Employer under the Plan and upon
such assumption, the Successor Entity shall become obligated to perform the
terms and conditions of the Plan. Nothing herein shall prohibit the assumption
of the obligations and liabilities of the Employer under the Plan by any
Successor Entity.

         17.9 Construction. The Employer shall designate in the Adoption
Agreement the state according to whose laws the provisions of the Plan shall be
construed and enforced, except to the extent that such laws are superseded by
ERISA and the applicable requirements of the Code.

         17.10 Taxes. The Employer or other payor may withhold a benefit payment
under the Plan or a Participant's wages, or the Employer may reduce a
Participant's Account balance, in order to meet any federal, state, or local tax
withholding obligations with respect to Plan benefits, as permitted under
Section 409A of the Code. The Employer or other payor shall report Plan payments
and other Plan-related information to the appropriate governmental agencies as
required under applicable laws.

         Section 18.       Transition Rules:
         -----------       -----------------

This Section 18 does not apply to plans newly established on or after January 1,
2008.

         18.1 2005 Election Termination.  Notwithstanding Section 4.1.4, at any
time during 2005, a Participant may terminate a Participation Agreement, or
modify a Participation Agreement to reduce the amount of Compensation subject to
the deferral election, so long as the Compensation subject to the terminated or
modified Participation Agreement is includible in the income of the Participant
in 2005 or, if later, in the taxable year in which the amounts are earned and
vested.

                                       29
<PAGE>

         18.2 2005 Deferral Election. The requirements of Section 4.1.2 relating
to the timing of the Participation Agreement shall not apply to any deferral
elections made on or before March 15, 2005, provided that (a) the amounts to
which the deferral election relate have not been paid or become payable at the
time of the election, (b) the Plan was in existence on or before December 31,
2004, (c) the election to defer compensation is made in accordance with the
terms of the Plan as in effect on December 31, 2005 (other than a requirement to
make a deferral election after March 15, 2005), and (d) the Plan is otherwise
operated in accordance with the requirements of Section 409A of the Code.

         18.3 2005 Termination of Participation; Distribution. Notwithstanding
anything in this Plan to the contrary, at any time during 2005, a Participant
may terminate his or her participation in the Plan and receive a distribution of
his Deferred Compensation Account balance on account of that termination, so
long as the full amount of such distribution is includible in the Participant's
income in 2005 or, if later, in the taxable year of the Participant in which the
amount is earned and vested.

         18.4 Payment Elections. Notwithstanding the provisions of Sections 7.1
or 7.5 of the Plan, a Participant may elect on or before December 31, 2007, the
time or form of payment of amounts subject to Section 409A of the Code provided
that such election applies only to amounts that would not otherwise be payable
in the year of the election and does not cause an amount to paid in the year of
the election that would not otherwise be payable in such year.

                                       30

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