Document:

EXECUTION COPY 
	 
	
Exhibit 10.20

PAYMENT AGREEMENT

BY AND BETWEEN

AFBS, INC.

AND

THERICS, LLC

 

June 30, 2005

	

	
TABLE OF CONTENTS

	 

	ARTICLE I   DEFINITIONS	 	1
	  
	   1.1.	 	AFBS.	 	1
	   1.2.	 	Affiliate.	 	1
	   1.3.	 	End User.	 	1
	   1.4.	 	IP Transfer Agreement.	 	2
	   1.5.	 	Improvements.	 	2
	   1.6.	 	Intellectual Property.	 	2
	   1.7.	 	Net Sales.	 	2
	   1.8.	 	Person.	 	2
	   1.9.	 	Private Label Distributor.	 	3
	   1.10.	 	Private Label Sales.	 	3
	   1.11.	 	RRT.	 	3
	   1.12.	 	RRT Entity.	 	3
	   1.13.	 	Subsidiary.	 	3
	   1.14.	 	Therics.	 	3
	   1.15.	 	Therics-Derived Process.	 	3
	   1.16.	 	Therics-Derived Product.	 	3
	   1.17.	 	Therics Technology.	 	4
	  
	ARTICLE II   PAYMENTS	 	4
	  
	   2.1.	 	Payments.	 	4
	   2.2.	 	Reports and Records.	 	4
	   2.3.	 	No Ownership or Liens.	 	5
	  
	ARTICLE III   MISCELLANEOUS	 	6
	  
	   3.1.	 	Entire Agreement; Amendment.	 	6
	   3.2.	 	Governing Law.	 	6
	   3.3.	 	Notices.	 	6
	   3.4.	 	Counterparts; Headings.	 	7
	   3.5.	 	Binding Effect.	 	7
	   3.6.	 	Severability.	 	8
	   3.7.	 	Specific Performance.	 	8

	

i

	
PAYMENT AGREEMENT

               This PAYMENT AGREEMENT (the “Agreement”), effective as of June 30, 2005, by and between AFBS, INC., a Virginia corporation (f/k/a “Therics,
Inc.”) (“AFBS”), and THERICS, LLC, an Ohio limited liability company (“Therics”), recites and provides as follows:

RECITALS

               WHEREAS, AFBS and Therics have entered into an Intellectual Property Transfer Agreement of even date
herewith (the “IP Transfer Agreement ”); and 

               WHEREAS, Therics desires to make payments to AFBS in consideration for the IP Transfer Agreement during
the periods and under the terms and conditions herein specified; and 

               WHEREAS, AFBS is willing to accept such payments under the terms and conditions, herein specified.

               NOW, THEREFORE, in consideration of the Recitals and of the mutual covenants, conditions and agreements
set forth herein and for other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, it hereby is agreed that:

AGREEMENT

ARTICLE I
DEFINITIONS

               When used in this Agreement, the following terms shall have the meanings specified:

	 

	 	1.1.	AFBS.

	 
	
               “AFBS” shall have the meaning provided in the Recitals of this Agreement.

	 

		1.2.	Affiliate.

	 
	
               “Affiliate” shall mean any Person that directly, or indirectly through one or more intermediaries,
controls, or is controlled by, or is under common control with, the Person specified. The term “control”
(including the terms “controlling,” “controlled by” and “under common control
with”) means the possession, direct or indirect, of the power to direct or cause the direction
of the management and policies of a Person, whether through the ownership of at least 50% of the
voting securities, by contract or otherwise. 

	 

		1.3.	End User.

	 
	
               “End User” shall mean the ultimate consumer of products and/or services identified in this
Agreement, e.g. the hospital, trauma center, doctor or the like, but not including patients.

	

1

		1.4.	IP Transfer Agreement.

	 
	
               “IP Transfer Agreement” shall have the meaning set forth in the Recitals of this Agreement.

	 

		1.5.	Improvements. 

	 
	
               “Improvement” shall mean any enhancement or modification of the Therics Technology that is
developed by or for, invented or acquired by, or comes under the control of Therics.

	 

		1.6.	Intellectual Property.

	 
	
               “Intellectual Property” shall have the meaning set forth in the IP Transfer Agreement.

	 

		1.7.	Net Sales.

	 
	
               “Net Sales” shall mean, the gross amount collected by Therics for sales of any Therics-Derived
Product, or Therics-Derived Process less the following: 

                             (a)            customary trade, quantity, or cash discounts and/or rebates to the extent actually allowed and taken
after collection;

                             (b)            amounts repaid or credited by reason of rejection, refund or return;

                             (c)            any taxes or other governmental charges levied on the production, sale, transportation, delivery,
or use of any such Therics-Derived Product or Therics-Derived Process which is paid by or on behalf
of Therics or any Subsidiary or any of their respective licensees; and

                             (d)           freight allowances. 

               No deductions shall be made (i) for commissions paid to individuals whether they be with independent
distributors or stocking distributors or regularly employed by and on the payroll of Therics, its
Affiliates (other than a RRT Entity), Subsidiaries or licensees, or (ii) for cost of collections.
Net Sales shall occur on the date of collection by Therics. 

               Non-monetary consideration shall not be accepted by Therics or any Subsidiary or any of their respective licensees for any Therics-Derived
Products or Therics-Derived Processes without the prior written consent of the AFBS. 

	 

		1.8.	Person. 

	 
	
               “Person” shall mean and any individual, proprietorship, trust, estate, partnership, joint
venture, association, company, corporation, limited liability company or other entity.

	

2

		1.9.	Private Label Distributor

	 
	
               “Private Label Distributor” shall mean an entity (other than an RRT Entity) that distributes
Therics-Derived Products or Therics-Derived Process through its own distribution network pursuant
to a distribution agreement between Therics and that entity.

	 

		1.10.	Private Label Sales.

	 
	
               “Private Label Sales” shall mean the Net Sales collected by Therics which are generated from
sales to a Private Label Distributor other than an RRT Entity. Private Label Sales shall occur on the date of collection by Therics. 

               Non-monetary consideration shall not be accepted for any Therics-Derived Products or Therics-Derived Processes without the prior written
consent of AFBS. 

	 

		1.11.	RRT.

	 
	
               “RRT” shall mean Randall R. Theken, a resident of the State of Ohio. 

	 

		1.12.	RRT Entity.

	 
	
               “RRT Entity” shall mean RRT, Theken Spine, LLC, an Ohio limited liability company, Theken
Orthopaedic, Inc., an Ohio corporation, Theken Disc LLC, an Ohio limited liability company, and any
other Affiliate of RRT.

	 

		1.13.	Subsidiary.

	 
	
               “Subsidiary” shall mean any corporation or other entity with respect to which Therics has
the direct or indirect right to vote shares representing 50% or more of the votes eligible to be
cast in the election of directors or managers of such entity.

	 

		1.14.	Therics.

	 
	
               “Therics” shall have the meaning set forth in the Recitals of this Agreement.

	 

		1.15.	Therics-Derived Process.

	 
	
               “Therics-Derived Process” shall mean any process of Therics containing, comprising or derived from the Therics Technology in any form alone,
or in combination with, one or more other process steps of Therics, and any Improvements thereto,
but not including any process of making a Therics-Derived Product.

	 

		1.16.	Therics-Derived Product.

	 
	
               “Therics-Derived Product” shall mean any Therics product containing, comprising or derived
from the Therics Technology in any form alone, or in combination with, one or more other products
of Therics, and any Improvements thereto.

	

3

		1.17.	Therics Technology.

	 
	
               “Therics Technology” shall mean the inventions, patents, patent applications, trade secrets,
know-how, and developments that form a part of, or derived from, the Intellectual Property. 

ARTICLE II
PAYMENTS

	 

		2.1.	Payments. 

	 
	
               Payments shall be made by Therics to AFBS within 30 days following the end of each calendar quarter;
(provided, however, that Therics shall not be in default of this payment obligation until written
notice of the same has been provided by AFBS to Therics of the default and providing Therics five
(5) business days after receipt of such notice to cure) in the following amounts:

                              (a)          Until the fifth anniversary hereof, for each calendar quarter, an amount equal to 10% of Net Sales
collected by Therics which are generated from sales to End-Users, whether by (i) Therics’ independent
distributors, (ii) Therics’ stocking distributors, or (iii) Therics, its Affiliates (other than
an RRT Entity), Subsidiaries and licensees.

                              (b)          During the period beginning on the fifth anniversary hereof and ending on the tenth anniversary hereof,
for each calendar quarter, an amount equal to 5% of Net Sales collected by Therics which are generated
from sales to End-Users, whether by (i) Therics’ independent distributors, (ii) Therics’
stocking distributors, or (iii) Therics, its Affiliates (other than an RRT Entity), Subsidiaries
and licensees.

                              (c)          Until the fifth anniversary hereof, for each calendar quarter, an amount equal to 10% of Net Sales
collected by Therics which are generated from sales to any RRT Entity by Therics, its Affiliates
(other than an RRT Entity), Subsidiaries and licensees.

                              (d)          During the period beginning on the fifth anniversary hereof, and ending on the tenth anniversary hereof,
for each calendar quarter, an amount equal to 5% of Net Sales collected by Therics which are generated
from sales to any RRT Entity by Therics, its Affiliates (other than an RRT Entity), Subsidiaries
and licensees.

                              (e)           Until the tenth anniversary hereof, for each calendar quarter, an amount equal to 2% of the Private
Label Sales.

	 

		2.2.	Reports and Records.

	 
	
                              (a)           Frequency of Reports.  Therics shall deliver reports to AFBS, at the time of payments due according to Section 2.1, containing information concerning the relevant activity period. The information shall be as further
described in Section 2.2(b). 

	

4

	
                              (b)            Content of Reports. Each report delivered by Therics to AFBS shall contain at least the following information for the
relevant period:

                                               (i)              the number of Therics-Derived Products sold;

                                               (ii)            a description of Therics-Derived Processes performed as may be pertinent to a payment accounting hereunder;

                                               (iii)            the gross price charged and amounts collected for each Therics-Derived Product sold, and the gross
price charged and amounts collected for each Therics-Derived Process performed;

                                               (iv)            calculation of Net Sales and Private Label Sales for the applicable reporting period or portion thereof,
including a listing of applicable deductions; and

                                               (v)             if no amounts are due to AFBS under Section 2.1 for any reporting period or portion thereof, the report shall so state. 

                               (c)            Records. Therics shall maintain complete and accurate records relating to the rights and obligations under
this Agreement and any amounts payable to AFBS in relation to this Agreement, which records shall
contain sufficient information to permit AFBS to confirm the accuracy of any reports delivered to
AFBS and compliance in other respects with this Agreement. Therics shall retain such records for
at least three (3) years following the end of the calendar year to which they pertain, during which
time AFBS, or AFBS’s appointed agents, shall have the right, at AFBS’ expense but with
the good faith cooperation of Therics, to inspect such records during normal business hours to verify
any reports and payments made or compliance in other respects under this Agreement. In the event
that any audit performed under this Section reveals an underpayment in excess of five percent (5%),
then the parties shall negotiate in good faith to resolve any such discrepancy. If the parties are
unable to agree on a resolution after 30 days then they shall mutually agree on an independent third
party to review the matter and make a final binding determination as to the amount of the discrepancy,
if any. The cost of such third party shall be paid by Therics.

	 

		2.3.	No Ownership or Liens.

	 
	
               AFBS acknowledges and agrees that: (a) it is receiving the payments under Section 2.1 of this Agreement in exchange for its sale of certain intellectual property to Therics pursuant to
the terms of the IP Transfer Agreement; (b) despite the deferred payment structure of this Agreement
AFBS has no encumbrance, mortgage, charge, claim, restriction, pledge, security interest or imposition
of any kind or nature on, in or with respect to any assets or collateral of Therics, including, without
limitation, the intellectual property and assets purchased by Therics pursuant to the IP Transfer
Agreement; (c) Therics is the owner of all intellectual property and assets purchased by Therics
pursuant to the IP Transfer Agreement and AFBS has no interest of any kind in the same; and (d) AFBS’s
sole, exclusive and only remedy under this Agreement for payment defaults shall be the recovery of
any cash payments owed to it under Section 2.1 and in no event shall it be entitled to any remedies (equitable, specific performance or otherwise)
for payment defaults which provide it any right, interest or claim in the intellectual property and
assets purchased by Therics pursuant to the IP Transfer Agreement.

	

5

	
ARTICLE III
MISCELLANEOUS

	 

		3.1.	Entire Agreement; Amendment.

	 
	
               This Agreement and the documents referred to herein and to be delivered pursuant hereto (including
the IP Transfer Agreement, a certain Unit Purchase Agreement between RRT, Therics AFBS of even date
herewith and a certain Transfer Agreement between AFBS and Therics dated June 30, 2005) constitute
the entire agreement between the parties pertaining to the subject matter hereof, and supersede all
prior and contemporaneous agreements, understandings, negotiations and discussions of the parties,
whether oral or written, and there are no warranties, representations or other agreements between
the parties in connection with the subject matter hereof, except as specifically set forth herein
or therein. No amendment, supplement, modification, waiver or termination of this Agreement shall
be binding unless executed in writing by the party to be bound thereby. No waiver of any of the provisions
of this Agreement shall be deemed or shall constitute a waiver of any other provision of this Agreement,
whether or not similar, nor shall such waiver constitute a continuing waiver unless otherwise expressly provided. 

	 

		3.2.	Governing Law.

	 
	
               This Agreement shall be governed by and construed in accordance with the laws of the State of Ohio
as applied to contracts entered into by Ohio residents and performed entirely in Ohio, without giving
effect to its principles or rules regarding conflicts of laws, other than such principles directing
application of the laws of Ohio. 

	 

		3.3.	Notices.

	 
	
               All communications, notices and disclosures required or permitted by this Agreement shall be in writing
and shall be deemed to have been given when delivered personally or by messenger or one (1) business
day after delivery by reliable overnight delivery service, or when mailed by registered or certified
United States mail, postage prepaid, return receipt requested, or when received via telecopy, telex
or other electronic transmission, in all cases addressed to the person for whom it is intended at
its or his address set forth below or to such other address as a party shall have designated by notice
in writing to the other party in the manner provided by this Section 3.3:

	

6

	If to AFBS:	AFBS, Inc.
	 	c/o Tredegar Corporation
	 	Attention: 	Chief Financial Officer
	 	1100 Boulders Parkway
	 	Richmond, Virginia 23225
	 	Facsimile:  (804) 330-1010
	 	 
	With a copy (which shall	Hunton & Williams LLP
	not constitute notice) to:	Attention:	C. Porter Vaughan, III, Esq. and
	 	 	R. Mason Bayler, Jr., Esq.
	 	Riverfront Plaza, East Tower
	 	951 East Byrd Street
	 	Richmond, Virginia 23219-4074
	 	Facsimile:  (804) 788-8218
	 	 
	If to Therics:	Therics, LLC
	 	Attention:	Randall R. Theken
	 	283 East Waterloo Road
	 	Akron, Ohio 44319
	 	Facsimile: (330) 773-7697
	 	 
	With a copy (which shall	Stark & Knoll Co., L.P.A.
	not constitute notice) to:	Attention:	Aaron G. Lepp, Esq.
	 	76 South Main Street, Suite 1512
	 	Akron, Ohio 44308-1824
	 	Facsimile: (330) 376-6237
	 	 

		3.4.	Counterparts; Headings.

	 
	
               This Agreement may be executed in several counterparts, each of which shall be deemed an original,
but such counterparts shall together constitute but one and the same Agreement. The Table of Contents
and Article and Section headings in this Agreement are inserted for convenience of reference only
and shall not constitute a part hereof.

	 

		3.5.	Binding Effect.

	 
	
               This Agreement is binding upon, inures to the benefit of and is enforceable by the parties hereto and
their respective successors and assigns; provided however, that AFBS may not transfer or assign this Agreement to any non-Affiliate of AFBS without the written
consent of Therics, which consent will not be unreasonably withheld; and provided further, that AFBS shall provide Therics with written notice of: (i) any “change of control” with
respect to AFBS within five (5) business days of any such “change of control” (the term
“change of control” shall mean a merger, consolidation or sale of 50% or more of the voting
securities of AFBS); and (ii) any transfer or assignment to an Affiliate of AFBS within five (5)
business days of such assignment.

	

7

		3.6.	Severability.

	 
	
               If any provision, clause or part of this Agreement, or the application thereof under certain circumstances,
is held invalid, the remainder of this Agreement, or the application of such provision, clause or
part under other circumstances, shall not be affected thereby.

	 

		3.7.	Specific Performance.

	 
	
               Therics and AFBS hereby agree that irreparable damage would occur in the event any of the provisions
of this Agreement were not performed in accordance with the terms hereof and that the parties shall
be entitled to specific performance of the terms hereof, in addition to any other remedy at law or
equity.

[Signature Page Follows]

	

8

	
                IN WITNESS WHEREOF, each party hereto has caused this Payment Agreement to be executed in its name and, as applicable,
by a duly authorized officer as of the day and year first above written.

	 

	 	AFBS, INC.
	  	  
	  	  
	 	By: 	  /s/ W. Hildebrandt Surgner, Jr.
		 	

	 	 	W. Hildebrandt Surgner, Jr.
		 	Vice President
	  	  
	  	  
	 	THERICS, LLC
	 	By: Theken Orthopaedic Inc.
	 	Its: Manager
		  
	  	  
	 	By:	  /s/ Randall R. Theken
		 	

	 	 	Randall R. Theken
		 	President

	

9EXHIBIT 4.3
-----------

                          ADOPTION AGREEMENT FOR

                         AUTOMATIC DATA PROCESSING

                       NON-STANDARDIZED 401(K) PLAN

The undersigned Employer adopts Automatic Data Processing Prototype Non-
Standardized 401(k) Plan and elects the following provisions:

CAUTION:  Failure to properly fill out this Adoption Agreement may result
in disqualification of the Plan.

EMPLOYER INFORMATION
(An amendment to the Adoption Agreement is not needed solely to reflect a
change in the information in this Employer Information Section.)

1.    EMPLOYER'S NAME, ADDRESS AND TELEPHONE NUMBER

      Name:       LANDAUER, INC.
                  ------------------------------

      Address:    2 SCIENCE ROAD
                  ------------------------------
                  Street

                  GLENWOOD                IL          60425
                  --------------------    ----------  ----------
                  City                    State       Zip

      Telephone:  (708) 755-7000
                  ------------------------------

2.    Date of incorporation or date business began:   06/01/1954
                                                      ----------

3.    EMPLOYER'S TAXPAYER IDENTIFICATION NUMBER       06-1218089
                                                      ----------

4.    TYPE OF ENTITY

      a.    [ x ] Corporation (including Tax-exempt or Non-profit
                  Corporation)

      b.    [   ] Professional Service Corporation

      c.    [   ] S Corporation

      d.    [   ] Limited Liability Company that is taxed as:
                  1.    [   ] a partnership or sole proprietorship
                  2.    [   ] a Corporation
                  3.    [   ] an S Corporation

      e.    [   ] Sole Proprietorship

      f.    [   ] Partnership (including Limited Liability)

      g.    [   ] Other:
                        ------------------------------

      AND, the Employer is a member of (select all that apply):

      h.    [ x ] a controlled group

      i.    [   ] an affiliated service group

                                     1

<PAGE>

5.    EMPLOYER FISCAL YEAR means the 12 consecutive month period:

      Beginning on      October     01    (e.g., January 1st)
                        --------------------
                        month       day

      and ending on     September   30
                        --------------------
                        month       day

      PLAN INFORMATION
      (An amendment to the Adoption Agreement is not needed solely to
      reflect a change in the information in Questions 9. through 11.)

6.    PLAN NAME:

      LANDAUER, INC. 401(k) RETIREMENT PLAN
      ----------------------------------------

7.    EFFECTIVE DATE

      a.    [   ] This is a new Plan effective as of __/__/__ (hereinafter
                  called the "Effective Date").

      b.    [ x ] This is an amendment and restatement of a previously
                  established qualified plan of the Employer which was
                  originally effective 01/01/1993 (hereinafter called the
                  "Effective Date"). The effective date of this
                  amendment and restatement is  08/01/2004.
                                                ----------

      c.    [   ] FOR GUST RESTATEMENTS: This is an amendment and
                  restatement of a previously established qualified plan of
                  the Employer to bring the Plan into compliance with GUST
                  (GATT, USERRA, SBJPA and TRA '97). The original Plan
                  effective date was __________(hereinafter called the
                  "Effective Date"). Except as specifically provided in the
                  Plan, the effective date of this amendment and
                  restatement is __________.
                  (May enter a restatement date that is the first day of
                  the current Plan Year.  The Plan contains appropriate
                  retroactive effective dates with respect to provisions
                  for the appropriate laws.)

8.    PLAN YEAR means the 12 consecutive month period:

      Beginning on      January     01          (e.g., January 1st)
                        ----------  ----------
                        month       day

      and ending on     December    31
                        ----------  ----------
                        month       day

      EXCEPT that there will be a Short Plan Year:

      a.    [ x ] N/A

      b.    [   ] beginning on                        (e.g., July 1, 2000)
                              --------------------
                              month day,  year

                  and ending on
                              --------------------
                              month day,  year

                                     2

<PAGE>

9.    PLAN NUMBER assigned by the Employer

      a.    [   ] 001

      b.    [   ] 002

      c.    [ x ] 003

      d.    [   ] Other: __________

10.   TRUSTEE:

      Name:       State Street Bank & Trust Co.
                  ----------------------------------------
      Address:    200 Newport Avenue
                  ----------------------------------------
                  Street

                  North Quincy      MA          02171
                  --------------    ----------  ----------
                  City              State       Zip

      Telephone:  (617) 985-1500
                  ----------------------------------------

      An executed copy of the trust agreement between the Trustee and the
      Employer must be completed in accordance with Plan Section 7.1 and
      attached to this Plan. The Plan and trust agreement will be read and
      construed together. The responsibilities, rights and powers of the
      Trustee shall be those specified in the trust agreement.

11.   PLAN ADMINISTRATOR'S NAME, ADDRESS AND TELEPHONE NUMBER:
      (If none is named, the Employer will become the Administrator.)

      a.    [ x ] Employer (Use Employer address and telephone number).

      b.    [   ] Use name, address and telephone number below:

                  Name:
                        ----------------------------------------

                  Address:
                        ----------------------------------------

                        -------------     ----------  ----------
                        City              State       Zip

                  Telephone:
                        ----------------------------------------

12.   CONSTRUCTION OF PLAN
      This Plan shall be governed by the laws of the state or commonwealth
      where the Employer's principal place of business is located unless
      another state or commonwealth is specified:

      -----------------------------------------------------------

ELIGIBILITY REQUIREMENTS

13.   ELIGIBLE EMPLOYEES (Plan Section 1.18)
      FOR ALL PURPOSES OF THE PLAN, means all Employees (including Leased
      Employees) EXCEPT:

      a.    [   ] N/A. No exclusions.

                                     3

<PAGE>

      b.    [ x ] The following are excluded, except that if b.3. is
                  selected, such Employees will be included (select all
                  that apply):

                  1.    [ x ] Union Employees (as defined in Plan Section
                              1.18)

                  2.    [   ] Non-resident aliens (as defined in Plan
                              Section 1.18)

                  3.    [   ] Employees who became Employees as the result
                              of a "Code Section 410(b)(6)(C) transaction"
                              (as defined in Plan Section 1.18)

                  4.    [   ] Salaried Employees

                  5.    [   ] Highly Compensated Employees

                  6.    [   ] Leased Employees

                  7.    [   ] Other: ____________________

14.   THE FOLLOWING AFFILIATED EMPLOYER (Plan Section 1.6) will adopt this
      Plan as a Participating Employer (if there is more than one, or if
      Affiliated Employers adopt this Plan after the date the Adoption
      Agreement is executed, attach a list to this Adoption Agreement of
      such Affiliated Employers including their names, addresses and
      taxpayer identification numbers).

      NOTE: Employees of an Affiliated Employer that does not adopt this
            Adoption Agreement as a Participating Employer shall not be
            Eligible Employees. This Plan could violate the Code Section
            410(b) coverage rules if all Affiliated Employers do not adopt
            the Plan.

      a.    [   ] N/A

      b.    [ x ] Name of First Affiliated Employer:

                                    HOMEBUYERS PREFERED INC
                                    -----------------------------

                  Address:          2 SCIENCE ROAD
                                    -----------------------------
                                    Street

                                    GLENWOOD    IL          60425
                                    -----------------------------
                                    City        State       Zip

                  Telephone:        (708) 755-7000
                                    -----------------------------

                  Taxpayer
                  Identification
                  Number:           06-1218089
                                    -----------------------------

15.   CONDITIONS OF ELIGIBILITY (Plan Section 3.1)
      Any Eligible Employee will be eligible to participate in the Plan
      upon satisfaction of the conditions set forth below, if any:

      NOTE: If the Year(s) of Service selected is or includes a fractional
            year, an Employee will not be required to complete any
            specified number of Hours of Service to receive credit for such
            fractional year. If expressed in months of service, an Employee
            will not be required to complete any specified number of Hours
            of Service in a particular month, unless elected in b.4. or
            h.4. below.

                                     4

<PAGE>

      ELIGIBILITY FOR ALL PURPOSES OF THE PLAN (EXCEPT AS ELECTED IN e.-j.
      BELOW FOR EMPLOYER CONTRIBUTIONS) (select either a. OR b. and c., and
      if applicable, d.):

      a.-d., below, apply to:

            [   ] Elective Deferrals and if applicable, Employee Voluntary
                  Contributions

            [ x ] All purposes of the Plan

      a.    [   ] No age or service required. (Go to e.-f. below)

      b.    [ x ] Completion of the following service requirement which is
                  based on Years of Service (or Periods of Service if the
                  Elapsed Time Method is elected):

                  1.    [   ] No service requirement

                  2.    [   ] 1/2 Year of Service or Period of Service

                  3.    [   ] 1 Year of Service or Period of Service

                  4.    [   ] ______ (not to exceed 1,000) Hours of Service
                              within ______ (not to exceed 12) months from
                              the Eligible Employee's employment
                              commencement date. If an Employee does not
                              complete the stated Hours of Service during
                              the specified time period, the Employee is
                              subject to the Year of Service requirement in
                              b.3. above.

                  5.    [ x ] Other:      6 month(s)
                                          --------------------
                        (may not exceed one (1) Year of Service or Period
                        of Service; must be expressed in whole months)

      c.    [ x ] Attainment of age:

                  1.    [   ] No age requirement

                  2.    [   ] 20 1/2

                  3.    [ x ] 21

                  4.    [   ] Other: __________ (may not exceed 21)

      d.    [   ] The service and/or age requirements specified above shall
                  be waived with respect to any Eligible Employee who was
                  employed on __________ and such Eligible Employee shall
                  enter the Plan as of such date.

      HOWEVER, DIFFERENT ELIGIBILITY CONDITIONS WILL APPLY (select one):

      e.    [ x ] N/A. The options selected in a.- d. above apply for all
                  purposes of the Plan.

      f.    [   ] For purposes of all Employer contributions other than
                  Elective Deferrals . . .

      If f. IS SELECTED, the following eligibility conditions apply for
      such purposes (select g. OR h. and i., and if applicable j.:

      g.    [   ] No age or service requirements

                                     5

<PAGE>

      h.    [   ] Completion of the following service requirement which is
                  based on Years of Service (or Periods of Service if the
                  Elapsed Time Method is elected):

                  1.    [   ] No service requirement
                  2.    [   ] 1/2 Year of Service or Period of Service
                  3.    [   ] 1 Year of Service or Period of Service
                  4.    [   ] __________ (not to exceed 1,000) Hours of
                              Service within __________ (not to exceed 12)
                              months from the Eligible Employee's
                              employment commencement date. If an Employee
                              does not complete the stated Hours of Service
                              during the specified time period, the
                              Employee is subject to the Year of Service
                              requirement in h.3. above.
                  5.    [   ] 1 1/2 Years of Service or Periods of Service
                  6.    [   ] 2 Years of Service or Periods of Service
                  7.    [   ] Other:  __________
                              (may not exceed two (2) Years of Service or
                              Periods of Service)
                  NOTE: If more than one (1) Year of Service is elected,
                  100% immediate vesting is required.

      i.    [   ] Attainment of age:
                  1.    [   ] No age requirement
                  2.    [   ] 20 1/2
                  3.    [   ] 21
                  4.    [   ] Other: __________ (may not exceed 21)

      j.    [   ] The service and/or age requirements specified above shall
                  be waived with respect to any Eligible Employee who was
                  employed on __/__/__  and such Eligible Employee shall
                  enter the Plan as of such date.

16.   EFFECTIVE DATE OF PARTICIPATION (Plan Section 3.2)
      An Eligible Employee who has satisfied the eligibility requirements
      will become a Participant for all purposes of the Plan (except as
      elected in h. - p. below for Employer contributions):

      a., b., c., d., e. or f. applies to:
            [   ] Employee Deferrals and if applicable, Employee Voluntary
                  Contributions

            [ x ] All purposes of the Plan

      a.    [   ] as soon as administratively feasible following the date
                  on which such requirements are satisfied.

      b.    [ x ] the first day of the month coinciding with or next
                  following the date on which such requirements are
                  satisfied.

      c.    [   ] the first day of the plan year quarter coinciding with or
                  next following the date on which such requirements are
                  satisfied.

      d.    [   ] the earlier of the first day of the seventh month or the
                  first day of the Plan Year coinciding with or next
                  following the date on which such requirements are
                  satisfied.

      e.    [   ] the first day of the Plan Year next following the date on
                  which such requirements are satisfied. (Eligibility must
                  be 1/2 Year of Service (or Period of Service) or less and
                  age must be 20 1/2 or less.)

                                     6

<PAGE>

      f.    [   ] other: _________,
                  NOTE: If a. or f. is selected  an Eligible Employee who
                  has satisfied the maximum age (21) and service
                  requirements (one (1) Year or Period of Service) and who
                  is otherwise entitled to participate, shall commence
                  participation no later than the earlier of (a) 6 months
                  after such requirements are satisfied, or (b) the first
                  day of the first Plan Year after such requirements are
                  satisfied, unless the Employee separates from service
                  before such participation date.

      HOWEVER, different entry dates will apply (select one):

      g.    [ x ] N/A. The options elected in a.-f. above apply for all
                  purposes of the Plan.

      h.    [   ] For purposes of all Employer contributions other than
                  Elective Deferrals

      IF h. IS SELECTED, the following entry dates apply for such purposes
      (select one):

      i.    [   ] as soon as administratively feasible following the date
                  on which such requirements are satisfied.

      j.    [   ] the first day of the month coinciding with or next
                  following the date on which such requirements are
                  satisfied.

      k.    [   ] the first day of the plan year quarter coinciding with or
                  next following the date on which such requirements are
                  satisfied.

      l.    [   ] the first day of the Plan Year in which such requirements
                  are satisfied.

      m.    [   ] the first day of the Plan Year in which such requirements
                  are satisfied, if such requirements are satisfied in the
                  first 6 months of the Plan Year, or as of the first day
                  of the next succeeding Plan Year if such requirements are
                  satisfied in the last 6 months of the Plan Year.

      n.    [   ] the earlier of the first day of the seventh month or the
                  first day of the Plan Year coinciding with or next
                  following the date on which such requirements are
                  satisfied.

      o.    [   ] the first day of the Plan Year next following the date on
                  which such requirements are satisfied. (Eligibility must
                  be 1/2 (or 1 1/2 if 100% immediate Vesting is selected)
                  Year of Service (or Period of Service) or less and age
                  must be 20 1/2 or less.)

      p.    [   ] other: ____________________,
                  NOTE: If i. or p. is selected, an Eligible Employee who
                  has satisfied the maximum age (21) and service
                  requirements (one (1) Year or Period of Service (or more
                  than one (1) year if full and immediate vesting)) and who
                  is otherwise entitled to participate, shall commence
                  participation no later than the earlier of (a) 6 months
                  after such requirements are satisfied, or (b) the first
                  day of the first Plan Year after such requirements are
                  satisfied, unless the Employee separates from service
                  before such participation date.

                                     7

<PAGE>

SERVICE

17.   RECOGNITION OF SERVICE WITH PREDECESSOR EMPLOYER (Plan Sections 1.57
      and 1.85)

      a.    [ x ] No service with a predecessor Employer shall be
                  recognized.

      b.    [   ] Service with ____________________
            will be recognized except as follows (select 1. or all that
            apply of 2. through 4.):

            1.    [   ] N/A, no limitations.
            2.    [   ] service will only be recognized for vesting
                        purposes.
            3.    [   ] service will only be recognized for eligibility
                        purposes.
            4.    [   ] service prior to ___/___/___ will not be
                        recognized.

            NOTE: If the predecessor Employer maintained this qualified
                  Plan, then Years of Service (and/or Periods of Service)
                  with such predecessor Employer shall be recognized
                  pursuant to Plan Sections 1.57 and 1.85 and b.1. will
                  apply.

18.   SERVICE CREDITING METHOD (Plan Sections 1.57 and 1.85)
      NOTE: If no elections are made in this Question, then the Hours of
      Service Method will be used and the provisions set forth in the
      definition of Year of Service in Plan Section 1.85 will apply.

      ELAPSED TIME METHOD shall be used for the following purposes (select
      all that apply):

      a.    [   ] N/A. Plan only uses the Hours of Service Method.

      b.    [   ] eligibility to participate and vesting. (If selected,
                  skip to Question 19.)

      c.    [ x ] eligibility to participate.

      d.    [   ] vesting.

      NOTE: Elapsed time method should not be selected for purposes of
      determining eligibility to participate if option 4. is selected under
      Question 15.b.

      HOURS OF SERVICE METHOD shall be used for the following purposes
      (select all that apply):

      e.    [ x ] N/A. Plan only uses the Elapsed Time Method.

      f.    [   ] eligibility to participate in the Plan. The eligibility
                  computation period after the initial eligibility
                  computation period shall...

                  1.    [   ] shift to the Plan Year after the initial
                              computation period.

                  2.    [   ] be based on the date an Employee first
                              performs an Hour of Service (initial
                              computation period) and subsequent
                              computation periods shall be based on each
                              anniversary date thereof.

                                     8

<PAGE>

      g.    [   ] vesting. The vesting computation period shall be...

                  1.    [   ] the Plan Year.

                  2.    [   ] the date an Employee first performs an Hour
                              of Service and each anniversary thereof.

      NOTE: IF THE HOURS OF SERVICE METHOD IS BEING USED, the Hours of
      Service method will be used for all Employees.

      ON THE BASIS OF:

      h.    [   ] actual hours for which an Employee is paid or entitled to
                  payment.

      i.    [   ] months worked. An Employee will be credited with one
                  hundred ninety (190) Hours of Service if under the Plan
                  such Employee would be credited with at least one (1)
                  Hour of Service during the month.

      AND, a Year of Service means the applicable computation period during
      which an Employee has completed at least:

      j.    [   ] __________ (may not be more than 1,000) Hours of Service
                  (if left blank, the Plan will use 1,000 Hours of
                  Service).

VESTING

19.   VESTING OF PARTICIPANT'S INTEREST (Plan Section 6.4(b))
      Vesting for Employer Contributions (except as otherwise elected in
      j.-q. below for matching contributions). The vesting schedule, based
      on a Participant's Years of Service (or Periods of Service if the
      Elapsed Time Method is elected), shall be as follows:

      a.    [ x ] 100% upon entering Plan. (Required if eligibility
                  requirement is greater than one (1) Year of Service or
                  Period of Service.)

      b.    [   ] 3 Year Cliff:
                  0-2 years     0%
                  3 years     100%

      c.    [   ] 5 Year Cliff:
                  0-4 years     0%
                  5 years     100%

      d.    [   ] 6 Year Graded:
                  0-1 year      0%
                  2 years      20%
                  3 years      40%
                  4 years      60%
                  5 years      80%
                  6 years     100%

      e.    [   ] 4 Year Graded:
                  1 year       25%
                  2 years      50%
                  3 years      75%
                  4 years     100%

      f.    [   ] 5 Year Graded:
                  1 year       20%
                  2 years      40%
                  3 years      60%
                  4 years      80%
                  5 years     100%
                  7 years     100%

                                     9

<PAGE>

      g.    [   ] 7 Year Graded:
                  0-2 years     0%
                  3 years      20%
                  4 years      40%
                  5 years      60%
                  6 years      80%
                  7 years     100%

      h.    [   ] Other - Must be at least as liberal as either c. or g.
                  above.

                  Service           Percentage

                  -------------     --------------------

                  -------------     --------------------

                  -------------     --------------------

                  -------------     --------------------

                  -------------     --------------------

                  -------------     --------------------

                  -------------     --------------------

      VESTING FOR EMPLOYER MATCHING CONTRIBUTIONS
      The vesting schedule for Employer matching contributions, based on a
      Participant's Years of Service (or Periods of Service if the Elapsed
      Time Method is elected) shall be as follows:

      i.    [ x ] N/A. There are no matching contributions subject to a
                  vesting schedule OR the schedule in a.-h. above shall
                  also apply to matching contributions.

      j.    [   ] 100% upon entering Plan. (Required if eligibility
                  requirement is greater than one (1) Year of Service or
                  Period of Service.)

      k.    [   ] 3 Year Cliff

      l.    [   ] 5 Year Cliff

      m.    [   ] 6 Year Graded

      n.    [   ] 4 Year Graded

      o.    [   ] 5 Year Graded

      p.    [   ] 7 Year Graded

      q.    [   ] Other - Must be at least as liberal as either l. or p.
                  above.

                  Service           Percentage

                  -------------     --------------------

                  -------------     --------------------

                  -------------     --------------------

                  -------------     --------------------

                  -------------     --------------------

                  -------------     --------------------

                                    10

<PAGE>

20.   FOR AMENDED PLANS (Plan Section 6.4(f))
      If the vesting schedule has been amended to a less favorable
      schedule, enter the pre-amended schedule below:

      a.    [ x ] Vesting schedule has not been amended, amended schedule
                  is more favorable in all years or prior schedule was
                  immediate 100% vesting.

      b.    [   ] Pre-amended schedule:

                  Service           Percentage

                  -------------     --------------------

                  -------------     --------------------

                  -------------     --------------------

                  -------------     --------------------

                  -------------     --------------------

                  -------------     --------------------

                  -------------     --------------------

21.   TOP HEAVY VESTING (Plan Section 6.4(c))
      If this Plan becomes a Top Heavy Plan, the following vesting
      schedule, based on number of Years of Service (or Periods of Service
      if the Elapsed Time Method is elected), shall apply and shall be
      treated as a Plan amendment pursuant to this Plan. Once effective,
      this schedule shall also apply to any contributions made before the
      Plan became a Top Heavy Plan and shall continue to apply if the Plan
      ceases to be a Top Heavy Plan unless an amendment is made to change
      the vesting schedule.

      a.    [ x ] N/A (the regular vesting schedule already satisfies one
                  of the minimum top heavy schedules).

      b.    [   ] 6 Year Graded:
                  0-1 year      0%
                  2 years      20%
                  3 years      40%
                  4 years      60%
                  5 years      80%
                  6 years     100%

      c.    [   ] 3 Year Cliff:
                  0-2 years     0%
                  3 years     100%

      d.    [   ] Other - Must be at least as liberal as either b. or c.
                  above.

                  Service           Percentage

                  -------------     --------------------

                  -------------     --------------------

                  -------------     --------------------

                  -------------     --------------------

                  -------------     --------------------

                  -------------     --------------------

                  -------------     --------------------

                                    11

<PAGE>

22.   EXCLUDED VESTING SERVICE

      a.    [ x ] No exclusions.

      b.    [   ] Service prior to the Effective Date of the Plan or a
                  predecessor plan.

23.   NORMAL RETIREMENT AGE ("NRA") (Plan Section 1.45) means the:
      date of a Participant's 65.0 birthday (not to exceed 65th).

24.   EARLY RETIREMENT DATE (Plan Section 1.15) means the:

      a.    [   ] No Early Retirement provision provided.

      b.    [ x ] date on which a Participant...

                  1.    [   ] attains age __________.

                  2.    [ x ] attains age  55.0  and completes at least
                              10  Years of Service (or Periods of Service)
                              for vesting purposes.

COMPENSATION

25.   COMPENSATION (Plan Section 1.11) with respect to any Participant
      means one of the following, each as modified to include all amounts
      specified in Section 1.11:

      a.    [ x ] Wages, tips and other compensation on Form W-2.

      b.    [   ] Section 3401(a) wages (wages for withholding purposes).

      c.    [   ] 415 safe-harbor compensation.

      ADJUSTMENTS TO COMPENSATION

      d.    [   ] N/A. No adjustments.

      e.    [ x ] Compensation shall be adjusted by: (select all that
                  apply)

                  1.    [ x ] excluding reimbursements or other expense
                              allowances, fringe benefits (cash or non
                              cash), moving expenses, deferred compensation
                              (other than deferrals specified in 1. above)
                              and welfare benefits

                  2.    [   ] excluding Compensation paid during the
                              determination period while not a Participant
                              in the component of the Plan for which the
                              definition is being used

                  3.    [   ] excluding overtime

                  4.    [   ] excluding bonuses

                  5.    [   ] excluding commissions

                  6.    [ x ] other:      EXCESS LIFE INSURANCE & STOCK
                                          OPTIONS OR GRANTS
                                          ------------------------------

                  NOTE: Options 3., 4., 5., or 6. may not be selected if an
                  integrated allocation formula is selected (i.e., if 30.e.
                  is selected). In addition, if 3., 4., 5., or 6. is
                  selected, the definition of Compensation could violate
                  the nondiscrimination rules.

                                    12

<PAGE>

CONTRIBUTIONS AND ALLOCATIONS

26.   SALARY REDUCTION ARRANGEMENT - ELECTIVE DEFERRALS (Plan Section 12.2)
      Each Participant may elect to have Compensation deferred by:

      a.    [ x ] up to 20%.
                        ----------

      b.    [   ] from __________% to __________%.

      AND, Highly Compensated Employee may only elect to reduce
      Compensation by:

      c.    [ x ] Same limits as specified above.

      d.    [   ] up to __________%.

      e.    [   ] from __________% to __________%.

      MAY PARTICIPANTS make a special salary deferral election with respect
      to bonuses?

      f.    [   ] No.

      g.    [ x ] Yes, a Participant may elect to defer up to  20%   of
                  any bonus.

      AUTOMATIC ELECTION: Shall Participants who do not affirmatively elect
      to receive cash or have a specified amount contributed to the Plan
      automatically have Compensation deferred?

      h.    [ x ] No.

      i.    [  ]  Yes, by __________% of Compensation.

27.   401(k) SAFE HARBOR PROVISIONS (Plan Section 12.8)
      Will the ADP and/or ACP test safe harbor provisions be used? (select
      a., b. or c.)

      a.    [ x ] No. (If selected, skip to Question 28.)

      b.    [   ] Yes, but only the ADP (and NOT the ACP) Test Safe Harbor
                  provisions will be used.

      c.    [   ] Yes, both the ADP and ACP Test Safe Harbor provisions
                  will be used.

      IF c. is selected, does the Plan permit matching contributions in
      addition to any safe harbor contributions elected in d. or e. below?

                  1.    [   ] No or N/A. Any matching contributions, other
                              than any Safe Harbor Matching Contributions
                              elected in d. below, will be suspended in any
                              Plan Year in which the safe harbor provisions
                              are used.

                  2.    [   ] Yes, the Employer may make a discretionary
                              matching contribution in addition to any Safe
                              Harbor Matching Contributions elected in d.
                              below. (If elected, complete the applicable
                              provisions of the Adoption Agreement relating
                              to matching contributions (i.e., Questions
                              31. and 32.) that will apply in addition to
                              any elections made in d. below. NOTE:
                              Question 28 must be completed so that only

                                    13

<PAGE>

                              Elective Deferrals up to 6% of Compensation
                              are taken into account in applying the match
                              set forth in that question and the maximum
                              discretionary matching contribution that may
                              be made on behalf of any Participant is no
                              greater than 4% of Compensation.)

      THE EMPLOYER WILL MAKE THE FOLLOWING ADP TEST SAFE HARBOR
      CONTRIBUTION FOR THE PLAN YEAR:

      NOTE: The ACP Test Safe Harbor is automatically satisfied if the only
            matching contribution made to the Plan is either (1) a Basic
            Matching Contribution or (2) an Enhanced Matching Contribution
            that does not provide a match on Elective Deferrals in excess
            of 6% of Compensation.

      d.    [   ] Safe Harbor Matching Contribution (select 1. or 2. AND
                  3.)

                  1.    [   ] BASIC MATCHING CONTRIBUTION. The Employer
                              will make Matching Contributions to the
                              account of each "Eligible Participant" in an
                              amount equal to the sum of 100% of the amount
                              of the Participant's Elective Deferrals that
                              do not exceed 3% of the Participant's
                              Compensation, plus 50% of the amount of the
                              Participant's Elective Deferrals that exceed
                              3% of the Participant's Compensation but do
                              not exceed 5% of the Participant's
                              Compensation.

                  2.    [   ] ENHANCED MATCHING CONTRIBUTION.  The Employer
                              will make Matching Contributions to the
                              account of each "Eligible Participant" in an
                              amount equal to the sum of:

                              a.    [   ] __________% (must be at least
                                          100%) of the Participant's
                                          Elective Deferrals that do not
                                          exceed _______% (if over 6% or if
                                          left blank, the ACP test will
                                          still apply) of the Participant's
                                          Compensation, plus

                              b.    [   ] __________% of the Participant's
                                          Elective Deferrals that exceed
                                          _______% of the Participant's
                                          Compensation but do not exceed
                                          _______% (if over 6% or if left
                                          blank the ACP test will still
                                          apply) of the Participant's
                                          Compensation.

                              NOTE: a. and b. must be completed so that, at
                                    any rate of Elective Deferrals, the
                                    matching contribution is at least equal
                                    to the matching contribution receivable
                                    if the Employer were making Basic
                                    Matching Contributions, but the rate of
                                    match cannot increase as deferrals
                                    increase. For example, if a. is
                                    completed to provide a match equal to
                                    100% of deferrals up to 4% of
                                    Compensation, then b. need not be
                                    completed.

                                    14

<PAGE>

                  3.    [   ] The safe harbor matching contribution will be
                              determined on the following basis (and
                              Compensation for such purpose will be based
                              on the applicable period):

                              a.    [   ] the entire Plan Year.

                              b.    [   ] each payroll period.

      e.    [   ] Nonelective Safe Harbor Contributions
                  The Employer will make a Safe Harbor Nonelective
                  Contribution to the account of each "Eligible
                  Participant" in an amount equal to ________% (may not be
                  less than 3%) of the Employee's Compensation for the Plan
                  Year.

      SPECIAL EFFECTIVE DATE OF ADP AND ACP TEST SAFE HARBOR PROVISIONS

      f.    [   ] N/A. The safe harbor provisions are effective as of the
                  later of the Effective Date of this Plan or, if this is
                  an amendment or restatement, the effective date of the
                  amendment or restatement.

      g.    [   ] The ADP and ACP Test Safe Harbor provisions are effective
                  for the Plan Year beginning:

                  __/__/__ (enter the first day of the Plan Year for which
                  the provisions are (or, for GUST updates, were) effective
                  and, if necessary, enter any other special effective
                  dates that apply with respect to the provisions).

28.   FORMULA FOR DETERMINING EMPLOYER MATCHING CONTRIBUTIONS (Plan Section
      12.1(a)(2))

      NOTE: If the ACP test safe harbor is being used (i.e., Question 27.c.
            is selected), then this Question 28 must be completed as
            follows: Any matching contribution under this Question 28 shall
            be limited to a discretionary matching contribution. Question
            28 must also be completed so that only Elective Deferrals up to
            6% of Compensation are taken into account in applying the match
            set forth below and the maximum discretionary matching
            contribution that may be made on behalf of any Participant is
            no greater than 4% of Compensation. The rate of matching
            contributions may not increase as the rate of Elective
            Deferrals increases.

      a.    [   ] N/A. There will not be any matching contributions (Skip
                  to Question 29).

      b.    [ x ] The Employer ... (select 1. or 2.)

                  1.    [ x ] may make matching contributions equal to a
                              discretionary percentage (which may be
                              designated by each tier of Elective Deferrals
                              if applicable), to be determined by the
                              Employer, of the Participant's Elective
                              Deferrals.

                  2.    [   ] will make matching contributions equal to
                              ______% (e.g., 50) of the Participant's
                              Elective Deferrals, plus:

                              a.    [   ] N/A.

                              b.    [   ] an additional discretionary
                                          percentage, to be determined by
                                          the Employer.

                                    15

<PAGE>

                  AND, in determining the matching contribution above, only
                  Elective Deferrals up to the percentage or dollar amount
                  specified below will be matched:

                  (select 3. and/or 4.)

                  3.    [   ] ______% of a Participant's Compensation.

                  4.    [ x ] a discretionary percentage of a Participant's
                              Compensation or a discretionary dollar
                              amount, the percentage or dollar amount to be
                              determined by the Employer on a uniform basis
                              to all Participants.

      c.    [   ] The Employer will make matching contributions equal to
                  the sum of ______% of the portion of the Participant's
                  Elective Deferrals which do not exceed ______% of the
                  Participant's Compensation plus _______% of the portion
                  of the Participant's Elective Deferrals which exceed
                  ______% of the Participant's Compensation but does not
                  exceed ______% of the Participant's Compensation.

      NOTE: If c. above is elected, the Plan may violate the Code Section
            401(a)(4) nondiscrimination requirements if the rate of
            matching contributions increases as a Participant's Elective
            Deferrals or Years of Service (or Periods of Service) increase.

      PERIOD OF DETERMINING MATCHING CONTRIBUTIONS
      Matching contributions will be determined on the following basis (and
      any Compensation or dollar limitation used in determining the match
      will be based on the applicable period):

      d.    [ x ] the entire Plan Year.

      e.    [   ] each payroll period.

      f.    [   ] all payroll periods ending with or within each month
                  within the Plan Year.

      g.    [   ] all payroll periods ending with or within the Plan Year
                  quarter.

      THE MATCHING CONTRIBUTION MADE ON BEHALF OF ANY PARTICIPANT for any
      Plan Year will not exceed:

      h.    [ x ] N/A.

      i.    [   ] $_____.

      MATCHING CONTRIBUTIONS WILL BE MADE ON BEHALF OF:

      j.    [ x ] all Participants.

      k.    [   ] only Non-Highly Compensated Employees.

29.   ONLY PARTICIPANTS WHO SATISFY THE FOLLOWING CONDITIONS WILL BE
      ELIGIBLE TO SHARE IN THE ALLOCATION OF MATCHING CONTRIBUTIONS:
      REQUIREMENTS FOR PARTICIPANTS WHO ARE ACTIVELY EMPLOYED AT THE END OF
      THE PLAN YEAR.

      a.    [   ] N/A.

      b.    [ x ] No service requirement.

      c.    [   ] A Participant must complete a Year of Service. (Could
                  cause the Plan to violate coverage requirements under
                  Code Section 410(b).)

                                    16

<PAGE>

      d.    [   ] A Participant must complete at least ______ (may not be
                  more than 1,000) Hours of Service during the Plan Year.
                  (Could cause the Plan to violate coverage requirements
                  under Code Section 410(b).)

      REQUIREMENTS FOR PARTICIPANTS WHO ARE NOT ACTIVELY EMPLOYED AT THE
      END OF THE PLAN YEAR

      e.    [   ] A Participant must complete more than ______ Hours of
                  Service (not more than 500).

      f.    [   ] A Participant must complete a Year of Service. (Could
                  cause the Plan to violate coverage requirements under
                  Code Section 410(b).)

      g.    [   ] Participants will NOT share in such allocations,
                  regardless of service. (Could cause the Plan to violate
                  coverage requirements under Code Section 410(b).)

      h.    [ x ] Participants will share in such allocations, regardless
                  of service.

      NOTE: Participants who are not actively employed at the end of the
            Plan Year due to death, Total and Permanent Disability or Early
            or Normal Retirement shall be eligible to share in the
            allocation of matching contributions regardless of the above
            conditions.

      AND, if 29.c., d., f., or g. is selected, shall the 410(b) ratio
      percentage fail safe provisions apply (Plan Section 12.3(f))?

      i.    [ x ] No or N/A.

      j.    [   ] Yes (If selected, the Plan must satisfy the ratio
                  percentage test of Code Section 410(b)).

30.   FORMULA FOR DETERMINING EMPLOYER'S PROFIT SHARING CONTRIBUTION (Plan
      Section 12.1(a)(3))

      a.    [   ] N/A. No Employer Profit Sharing Contributions may be made
                  (other than top heavy minimum contributions)(Skip to
                  Question 32.)

      b.    [ x ] Discretionary, to be determined by the Employer, not
                  limited to current or accumulated Net Profits.

      c.    [   ] Discretionary, to be determined by the Employer, out of
                  current or accumulated Net Profits.

      CONTRIBUTION ALLOCATIONS
      If b. or c. above is selected, the Employer's discretionary profit
      sharing contribution for a Plan Year will be allocated as follows:

      d.    [ x ] NON-INTEGRATED ALLOCATION

                  1.    [ x ] In the same ratio as each Participant's
                              Compensation bears to the total of such
                              Compensation of all Participants.

                  2.    [   ] In the same dollar amount to all Participants
                              (per capita).

                  3.    [   ] In the same dollar amount per Hour of Service
                              completed by each Participant.

                                    17

<PAGE>

                  4.    [   ] In the same proportion that each
                              Participant's points bears to the total of
                              such points of all Participants. A
                              Participant's points with respect to any Plan
                              Year shall be computed as follows (select all
                              that apply):

                              a.    [   ] ______ point(s) shall be
                                          allocated for each Year of
                                          Service. However, the maximum
                                          Years of Service taken into
                                          account shall not exceed ______
                                          (leave blank if no limit on
                                          service applies).

                              b.    [   ] point(s) shall be allocated for
                                          each full $______ (may not exceed
                                          $200) of Compensation.

                              c.    [   ] ______ point(s) shall be
                                          allocated for each year of age as
                                          of the end of the Plan Year.

      e.    [   ] INTEGRATED ALLOCATION
                  In accordance with Plan Section 4.3(b)(2) based on a
                  Participant's Compensation in excess of:

                  1.    [   ] The Taxable Wage Base.

                  2.    [   ] ______% (not to exceed 100%) of the Taxable
                              Wage Base. (See Note below)

                  3.    [   ] 80% of the Taxable Wage Base plus $1.00.

                  4.    [   ] $______ (not greater than the Taxable Wage
                              Base). (See Note below)

                  NOTE: The integration percentage of 5.7% shall be reduced
                        to:

                  1.    4.3% if 2. or 4. above is more than 20% and
                        less than or equal to 80% of the Taxable Wage
                        Base.

                  2.    5.4% if 3. is elected or if 2. or 4. above is
                        more than 80% of the Taxable Wage Base.

31.   REQUIREMENTS TO SHARE IN ALLOCATIONS OF EMPLOYER DISCRETIONARY PROFIT
      SHARING CONTRIBUTION AND FORFEITURES

      a.    [   ] N/A. Plan does not permit such contributions.

      b.    [ x ] Requirements for Participants who are actively employed
                  at the end of the Plan Year.

                  1.    [ x ] No service requirement.

                  2.    [   ] A Participant must complete a Year of
                              Service. (Could cause the Plan to violate
                              coverage requirements under Code Section
                              410(b).)

                  3.    [   ] A Participant must complete at least _____
                              (may not be more than 1,000) Hours of Service
                              during the Plan Year. (Could cause the Plan
                              to violate coverage requirements under Code
                              Section 410(b).)

                                    18

<PAGE>

      REQUIREMENTS FOR PARTICIPANTS WHO ARE NOT ACTIVELY EMPLOYED AT THE
      END OF THE PLAN YEAR

      c.    [   ] A Participant must complete more than ______ Hours of
                  Service (not more than 500).

      d.    [   ] A Participant must complete a Year of Service. (Could
                  cause the Plan to violate coverage requirements under
                  Code Section 410(b).)

      e.    [ x ] Participants will NOT share in such allocations,
                  regardless of service. (Could cause the Plan to violate
                  coverage requirements under Code Section 410(b).)

      f.    [   ] Participants will share in such allocations, regardless
                  of service.

      NOTE: Participants who are not actively employed at the end of the
            Plan Year due to death, Total and Permanent Disability or Early
            or Normal Retirement will be eligible to share in the
            allocations regardless of the above conditions.

      AND, if 31.b.2, b.3, d. or e. is selected, shall the 410(b) ratio
      percentage fail safe provisions apply (Plan Section 12.3(f))?

      g.    [   ] No or N/A.

      h.    [ x ] Yes (If selected, the Plan must satisfy the ratio
                  percentage test of Code Section 410(b)).

32.   FORFEITURES (Plan Sections 1.27 and 4.3(e))

      Forfeitures will be...

      a.    [   ] N/A. There will be no Employer contributions made under
                  the Plan.

      b.    [ x ] used to reduce any Employer contribution.

      c.    [   ] allocated to all Participants eligible to share in the
                  allocations in the same proportion that each
                  Participant's Compensation for the Plan Year bears to the
                  Compensation of all Participants for such year.

33.   LIMITATIONS ON ALLOCATIONS (Plan Section 4.4)
      If any Participant is covered under another qualified defined
      contribution plan maintained by the Employer, other than a Master or
      Prototype Plan, or if the Employer maintains a welfare benefit fund,
      as defined in Code Section 419(e), or an individual medical account,
      as defined in Code Section 415(l)(2), under which amounts are treated
      as Annual Additions with respect to any Participant in this Plan:

      a.    [ x ] N/A. The Employer does not maintain another qualified
                  defined contribution plan.

      b.    [   ] The provisions of Plan Section 4.4(b) will apply as if
                  the other plan were a Master or Prototype Plan.

      c.    [   ] Specify the method under which the plans will limit total
                  Annual Additions to the Maximum Permissible Amount, and
                  will properly reduce any Excess Amounts, in a manner that
                  precludes Employer discretion:

                  __________________________________________________.

                                    19

<PAGE>

DISTRIBUTIONS

34.   FORM OF DISTRIBUTIONS (Plan Sections 6.5, 6.6 and 6.12)
      Distribution may be made in...

      a.    [   ] cash only (except for insurance or annuity contracts).

      b.    [ x ] cash or ( to the extent permitted under Section 6.5 and
                  6.6) Employer stock.

      AND, if this is an amendment to a Plan that contains forms of payment
      that are not otherwise provided for under the Plan document, will all
      such forms of payment be eliminated in accordance with Plan Section
      8.1(e)?

            1.    [ x ] Yes, all such forms of payment will be eliminated
                        to the extent permissible.

            2.    [   ] No, certain forms of payment described in an
                        addendum to the plan will not be eliminated.

      NOTE: In-kind distributions, other than as provided for in this
            Question 34, will not be permitted under the Plan and therefore
            will not be protected.

35.   INVOLUNTARY DISTRIBUTIONS

      Will involuntary distributions of amounts less than $5,000 be made in
      accordance with the provisions of Sections 6.4, 6.5 and 6.6?

      a.    [ x ] Yes

      b.    [   ] No

36.   HARDSHIP DISTRIBUTIONS (Plan Sections 6.11 and/or 12.9)

      a.    [ x ] No hardship distributions are permitted.

      b.    [   ] Hardship distributions are permitted from the following
                  accounts (select one):

                  1.    [   ] All accounts.

                  2.    [   ] Participant's Elective Deferral Account,
                              Participant's Rollover Account, and
                              Participant's Voluntary Contribution Account.

      NOTE: Distributions from a Participant's Elective Deferral Account
            are limited to the portion of such account attributable to such
            Participant's Elective Deferrals (and earnings attributable
            thereto up to December 31, 1988). Hardship distributions are
            not permitted from a Participant's Qualified Non-Elective
            Account (including any 401(k) Safe Harbor Contributions) or
            Qualified Matching Contribution Account.

37.   IN-SERVICE DISTRIBUTIONS (Plan Section 6.10)

      a.    [   ] In-service distributions may not be made (except as
                  otherwise elected for Hardship Distributions or as
                  provided for in Section 6.10).

      b.    [ x ] In-service distributions may be made to a Participant who
                  has not separated from service provided the participant
                  has attained age 59 1/2.

                                    20

<PAGE>

      AND, in-service distributions are permitted from the following
      accounts:

      c.    [ x ] All accounts.

      d.    [   ] Participant's Elective Deferral Account, Participant's
                  Rollover Account and Participant's Voluntary Contribution
                  Account only.

      NOTE: Distributions from a Participant's Elective Deferral Account,
            Qualified Matching Contribution Account and Qualified
            Non-Elective Account (including 401(k) Safe Harbor
            Contributions) are subject to restrictions and generally may
            not be distributed prior to age 59 1/2.

TOP HEAVY REQUIREMENTS

38.   TOP HEAVY DUPLICATIONS (Plan Section 4.3(i)): When a Non-Key Employee
      is a Participant in this Plan and a Defined Benefit Plan maintained
      by the Employer, indicate which method shall be utilized to avoid
      duplication of top heavy minimum benefits: (If b., c., d. or e. is
      elected, f. must be completed.)

      a.    [   ] N/A. The Employer does not maintain a Defined Benefit
                  Plan. (Go to next Question)

      b.    [   ] The full top heavy minimum will be provided in each plan
                  (if selected, Plan Section 4.3(i) shall not apply).

      c.    [   ] 5% defined contribution minimum.

      d.    [   ] 2% defined benefit minimum.

      e.    [ x ] Specify the method under which the Plans will provide top
                  heavy minimum benefits for Non-Key Employees that will
                  preclude Employer discretion and avoid inadvertent
                  omissions:

                  A MINIMUM ACCRUED BENEFIT UNDER THE DEFINED BENEFIT PLAN
                  EQUAL TO 2% MULTIPLIED BY THE HIGHEST AVERAGE
                  COMPENSATION BUT NOT MORE THAN 2% AS SPECIFIED IN SEC.
                  4.3(I)
                  -------------------------------------------------------

      NOTE: If c., d., or e. is selected and the Defined Benefit Plan and
            this Plan do not benefit the same Participants, the uniformity
            requirement of the Section 401(a)(4) Regulations may be
            violated.

      AND, the "Present Value of Accrued Benefit" (Plan Section 9.2) for
      Top Heavy purposes shall be based on...

      f.    [ x ] Interest Rate:    8.00
                                    ------------------

                  Mortality Table:  1983 GROUP ANNUITY
                                    ------------------

39.   TOP HEAVY DUPLICATIONS (Plan Section 4.3(f)): When a Non-Key Employee
      is a Participant in this Plan and another defined contribution plan
      maintained by the Employer, indicate which method shall be utilized
      to avoid duplication of top heavy minimum benefits:

      a.    [ x ] N/A. The Employer does not maintain another qualified
                  defined contribution plan.

                                    21

<PAGE>

      b.    [   ] The full top heavy minimum will be provided in each plan.

      c.    [   ] A minimum, non-integrated contribution of 3% of each
                  Non-Key Employee's 415 Compensation shall be provided in
                  the Money Purchase Plan (or other plan subject to Code
                  Section 412).

      d.    [   ] Specify the method under which the Plans will provide top
                  heavy minimum benefits for Non-Key Employees that will
                  preclude Employer discretion and avoid inadvertent
                  omissions, including any adjustments required under Code
                  Section 415:

                  --------------------------------------------------

      NOTE: If c. or d. is selected and both plans do not benefit the same
            Participants, the uniformity requirement of the Section
            401(a)(4) Regulations may be violated.

MISCELLANEOUS

40.   LOANS TO PARTICIPANTS (Plan Section 7.3)

      a.    [   ] Loans are not permitted.

      b.    [ x ] Loans are permitted.

      IF loans are permitted (select c., if it is applicable, and complete
      d. and e.)

      c.    [   ] loans will only be made for hardship or financial
                  necessity.

      d.    [ x ] a Participant may only have 1 (e.g., one (1)) loan(s)
                  outstanding at any time.

      e.    [ x ] loans will only be permitted from the following accounts:

                  1.    [ x ] All accounts.

                  2.    [   ] Participant's Elective Deferral Account,
                              Participant's Rollover Account and
                              Participant's Voluntary Contribution Account.

      NOTE: Department of Labor Regulations require the adoption of a
            separate written loan program setting forth the requirements
            outlined in Plan Section 7.3.

41.   DIRECTED INVESTMENT ACCOUNTS (Plan Section 4.10)

      a.    [ x ] Participant directed investments are permitted for the
                  following accounts (select all that apply):

                  1.    [ x ] All accounts.

                  2.    [   ] All accounts other than the portion of
                              Participant's Account attributable to
                              Employer matching contributions and
                              Participant's Profit Sharing Account.

                  3.    [   ] All accounts other than the portion of
                              Participant's Account attributable to
                              Employer matching contributions.

                  4.    [   ] All accounts other than Participant's Profit
                              Sharing Account.

                                    22

<PAGE>

      AND, will voting rights on directed investments be passed through to
      Participants?

      b.    [ x ] No. Employer stock is not an alternative OR Plan is not
                  intended to comply with Act Section 404(c).

      c.    [   ] Yes, for Employer stock only.

42.   AFTER-TAX VOLUNTARY EMPLOYEE CONTRIBUTIONS (Plan Section 4.8)

      a.    [ x ] After-tax voluntary Employee contributions will not be
                  allowed.

      b.    [   ] After-tax voluntary Employee contributions will be
                  allowed.

      AND, if b. is chosen above, each Participant may elect to make after
      tax voluntary Employee contributions in the following amount:

      c.    [   ] _____% of Compensation.

      d.    [   ] up to _____% of Compensation.

GUST TRANSITION RULES

      The following questions only apply if this is a GUST restatement
      (i.e., Question 7.c. is selected). If this is not a GUST restatement,
      then this Plan will not be considered an individually designed plan
      merely because the following questions are deleted from the Adoption
      Agreement.

43.   COMPENSATION

      The family aggregation rules of Code Section 401(a)(17) as in effect
      under Code Section 414(q)(6) prior to the enactment of SBJPA do not
      apply to this Plan effective as of:

      a.    [   ] The first day of the first Plan Year beginning after
                  1996.

      b.    [   ] __/__/__ (may not be prior to the first day of the first
                  Plan Year beginning in 1997 and may not be later than the
                  first day of the Plan Year in which this GUST restatement
                  is adopted).

      NOTE: If family aggregation continued to apply after 1996, the Plan
            is not a safe harbor plan for Code Section 401(a)(4) purposes
            and the Employer may not rely on the opinion letter issued by
            the Internal Revenue Service that this Plan is qualified under
            Code Section 401.

44.   LIMITATION ON ALLOCATIONS AND TOP HEAVY RULES

      If any Participant is a Participant in this Plan and a qualified
      defined benefit plan maintained by the Employer, then the limitations
      of Code Section 415(e) as in effect under Code Section 414(q)(6)
      prior to the enactment of SBJPA do not apply to this Plan effective
      with respect to Limitation Years beginning on or after:

      a.    [   ] N/A. The Employer does not maintain, and has never
                  maintained, a qualified defined benefit plan OR the
                  provisions of Code Section 415(e) have already been
                  removed from this Plan OR the Plan's original Effective
                  Date was after December 31, 1999 (i.e., Code Section
                  415(e) never applied to the Plan).

                                    23

<PAGE>

      b.    [   ] _____ (may not be prior to the first Limitation Year
                  beginning in 2000 and may not be later than the
                  Limitation Year in which this GUST restatement is
                  adopted).

      NOTE: If the Code Section 415(e) limits continued to apply to
            Limitation Years beginning after 1999, the Plan is not a safe
            harbor plan for Code Section 401(a)(4) purposes and the
            Employer may not rely on the opinion letter issued by the
            Internal Revenue Service that this Plan is qualified under Code
            Section 401.

      AND, if b. is selected with a date that is later than the effective
      date of this GUST restatement, then with respect to the Limitation
      Year in which this restatement is adopted, if any Participant is a
      Participant in this Plan and a qualified defined benefit plan
      maintained by the Employer, specify the method under which the plans
      involved will provide top heavy minimum benefits for Non-Key
      Employees and will satisfy the limitations of Code Section 415(e) in
      a manner that precludes Employer discretion:

      c.    [   ] N/A. The effective date of the GUST restatement is the
                  date the provisions of Code Section 415(e) no longer
                  apply to this Plan.

      d.    [   ] ____________________________________

      NOTE: If the top heavy minimum benefit is only provided in one plan
            and the Defined Benefit Plan and this Plan do not benefit the
            same Participants, the uniformity requirement of the Section
            401(a)(4) Regulations may be violated.

45.   INVOLUNTARY DISTRIBUTIONS

      If the Plan provides for involuntary distributions (i.e., 35.a. is
      elected) then the increase in the involuntary amount threshold from
      $3,500 to $5,000 became effective with respect to distributions made
      on or after:

      a.    [   ] N/A. The plan doesn't provide for involuntary
                  distributions less than $5,000.

      b.    [ x ] August 6, 1997, or if later __/__/__ (leave blank if not
                  applicable).

46.   MINIMUM DISTRIBUTIONS

      The proposed Code Section 401(a)(9) Regulations issued in January
      2001 apply with respect to distributions under the Plan made for
      calendar years beginning on or after January 1, 2001 unless a later
      date is specified below:

      a.    [   ] N/A

      b.    [   ] The Regulations apply for calendar years beginning on or
                  after  01/01/2001.

      AND, if b. is selected, for years prior to the date specified above,
      life expectancies for minimum distributions required pursuant to Code
      Section 401(a)(9) shall...

      c.    [   ] be recalculated at the Participant's election.

      d.    [   ] be recalculated.

      e.    [   ] not be recalculated.

                                    24

<PAGE>

47.   "REQUIRED BEGINNING DATE" TRANSITIONAL RULES (Plan Section 6.5(e))

      NOTE:This Section does not apply to (1) a new Plan; (2) an amendment
      or restatement of an existing Plan that never contained the
      provisions of Code Section 401(a)(9) as in effect prior to the
      amendments made by the Small Business Job Protection Act of 1996
      (SBJPA); or (3) an amendment or restatement of an existing Plan
      following the close of the GUST remedial amendment period.

      The "required beginning date" for a Participant who is not a "five
      percent (5%) owner" is:

      a.    [   ] N/A. This is a new Plan or this Plan has never included
                  the pre-SBJPA provisions of Code Section 401(a)(9).

      b.    [   ] the later of the April 1 of the calendar year following
                  the calendar year in which the participant attains age 70
                  1/2 or retires. (Also select Options 1., 2., and/or 3.,
                  whichever is applicable. Option 3. must be selected
                  unless the Plan permits a Participant to request an in-
                  service distribution from all accounts once the
                  Participant has attained age 59 1/2. If neither Option 1.
                  or 2. is selected, then the Plan did not utilize either
                  of these transition rules prior to its amendment to
                  utilize the post-SBJPA definition of "required beginning
                  date.")

                  1.    [   ] A Participant who had not begun receiving
                              required minimum distributions as of ______
                              (not earlier than January 1, 1996) may elect
                              to defer commencement of distributions until
                              retirement.

                  2.    [   ] A Participant who was already receiving
                              required minimum distributions under the
                              pre-SBJPA rules as of ______ (not earlier
                              than January 1, 1996) may elect to stop
                              receiving distributions and have them
                              recommence in accordance with the post-SBJPA
                              rules. Upon the recommencement of
                              distributions, if the Plan permits annuities
                              as a form of distribution then the following
                              will apply:

                              (i)   [   ] N/A. Annuity distributions are
                                          not permitted.

                              (ii)  [   ] a new annuity starting date upon
                                          recommencement, or

                              (iii) [   ] no new annuity starting date upon
                                          recommencement.

                  3.    [   ] The pre-retirement age 70 1/2 distribution
                              option is only eliminated with respect to
                              employees who reach age 70 1/2 in or after a
                              calendar year that begins after the later of
                              December 31, 1998, or the adoption date of
                              the amendment.

48.   HIGHLY COMPENSATED EMPLOYEE (Plan Section 1.31)

      a.    [   ] The "top-paid" group election applied for purposes of
                  determining the Highly Compensated Employees for the
                  following plan years:

                  1. [  ] 1997      2. [  ] 1998      3. [  ] 1999
                  4. [  ] 2000      5. [  ] ______

                                    25

<PAGE>

      b.    [   ] The "calendar year election" applied for purposes of
                  determining Highly Compensated Employees for the
                  following plan years:

                  1. [  ] 1997      2. [  ] 1998      3. [  ] 1999
                  4. [  ] 2000      5. [  ] ______

49.   ADP AND ACP TESTS. For Plan Years beginning in and prior to the Plan
      Year in which the restatement is adopted, the following will apply:

ADP TEST:

      a.    [   ] PRIOR YEAR TESTING: The prior year ratio will be used for
                  the Plan Year beginning in the year specified below. (If
                  this election is made for the first year the Code Section
                  401(k) feature is added to this Plan (unless this Plan is
                  a successor plan), the amount taken into account as the
                  ADP of Non-Highly Compensated Employees for the preceding
                  Plan Year will be 3%.)

                  1. [  ] 1997      2. [  ] 1998      3. [  ] 1999
                  4. [  ] 2000      5. [  ] ______

      b.    [   ] CURRENT YEAR TESTING: The current year ratio will be used
                  for the Plan Year beginning in:

                  1. [  ] 1997      2. [  ] 1998      3. [  ] 1999
                  4. [  ] 2000      5. [  ] ______

ACP TEST:

      c.    [   ] N/A.

      d.    [   ] PRIOR YEAR TESTING: The prior year ratio will be used for
                  the Plan Year beginning in the year specified below. (If
                  this election is made for the first year the Code Section
                  401(m) feature is added to this Plan (unless this Plan is
                  a successor plan), the amount taken into account as the
                  ACP of Non-Highly Compensated Employees for the preceding
                  Plan Year will be 3%.)

                  1. [  ] 1997      2. [  ] 1998      3. [  ] 1999
                  4. [  ] 2000      5. [  ] ______

      e.    [   ] CURRENT YEAR TESTING: The current year ratio will be used
                  for the Plan Year beginning in:

                  1. [  ] 1997      2. [  ] 1998      3. [  ] 1999
                  4. [  ] 2000      5. [  ] ______

                                    26

<PAGE>

The adopting Employer may rely on an opinion letter issued by the Internal
Revenue Service as evidence that the plan is qualified under Code Section
401 only to the extent provided in Announcement 2001-77, 2001-30 I.R.B.

The Employer may not rely on the opinion letter in certain other
circumstances or with respect to certain qualification requirements, which
are specified in the opinion letter issued with respect to the plan and in
Announcement 2001-77.

In order to have reliance in such circumstances or with respect to such
qualification requirements, application for a determination letter must be
made to Employee Plans Determinations of the Internal Revenue Service.

This Adoption Agreement may be used only in conjunction with basic Plan
document #02. This Adoption Agreement, the basic Plan document and the
applicable trust agreement shall together be known as Automatic Data
Processing Prototype Non-Standardized 401(k) Plan and Trust #02-003

The adoption of this Plan, its qualification by the IRS, and the related
tax consequences are the responsibility of the Employer and its independent
tax and legal advisors.

Automatic Data Processing Federal Credit Union or its designated
representative will notify the Employer of any amendments made to the Plan
or of the discontinuance or abandonment of the Plan. Furthermore, in order
to be eligible to receive such notification, we agree to notify ADP, Inc.,
as the designated representative of Automatic Data Processing Federal
Credit Union of any change in address.

With regard to any questions regarding the provisions of the Plan, adoption
of the Plan, or the effect of an opinion letter from the IRS, call or
write:

                  Ms. Nikki Strausburg, CEBS
                  ADP, Inc.
                  ADP Retirement Services
                  4801 Olympia Park Plaza Dr.
                  Suite 2000
                  Louisville, Kentucky 40241
                  (502) 329-2461

                                    27

<PAGE>

The Employer hereby causes this Plan to be executed on ____________________

EMPLOYER

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

PARTICIPATING EMPLOYER

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

PARTICIPATING EMPLOYER (attach additional signature pages as necessary):

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

NOTE: If the Employer is authorized (by corporate resolution or otherwise)
      to execute the Plan on behalf of Participating Employers,
      Participating Employers need not execute this Plan.

                                    28

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