Document:

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                        THE CHEVIOT BUILDING AND LOAN CO
                     401(k) RETIREMENT SAVINGS PLAN & TRUST

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                                TABLE OF CONTENTS

ARTICLE I      DEFINITIONS....................................................1

ARTICLE II     ADMINISTRATION................................................13

   2.1   POWERS AND RESPONSIBILITIES OF THE EMPLOYER.........................13
   2.2   DESIGNATION OF ADMINISTRATIVE AUTHORITY.............................14
   2.3   POWERS AND DUTIES OF THE ADMINISTRATOR..............................14
   2.4   RECORDS AND REPORTS.................................................15
   2.5   APPOINTMENT OF ADVISERS.............................................16
   2.6   PAYMENT OF EXPENSES.................................................16
   2.7   CLAIMS PROCEDURE....................................................16
   2.8   CLAIMS REVIEW PROCEDURE.............................................16

ARTICLE III    ELIGIBILITY...................................................17

   3.1   CONDITIONS OF ELIGIBILITY...........................................17
   3.2   EFFECTIVE DATE OF PARTICIPATION.....................................17
   3.3   DETERMINATION OF ELIGIBILITY........................................17
   3.4   TERMINATION OF ELIGIBILITY..........................................17
   3.5   OMISSION OF ELIGIBLE EMPLOYEE.......................................18
   3.6   INCLUSION OF INELIGIBLE EMPLOYEE....................................18
   3.7   REHIRED EMPLOYEES AND BREAKS IN SERVICE.............................18
   3.8   ELECTION NOT TO PARTICIPATE.........................................19

ARTICLE IV     CONTRIBUTION AND ALLOCATION...................................20

   4.1   FORMULA FOR DETERMINING EMPLOYER CONTRIBUTION.......................20
   4.2   PARTICIPANTS SALARY REDUCTION ELECTION..............................20
   4.3   TIME OF PAYMENT OF EMPLOYER CONTRIBUTION............................24
   4.4   ALLOCATION OF CONTRIBUTION, FORFEITURES AND EARNINGS................24
   4.5   ACTUAL DEFERRAL PERCENTAGE TESTS....................................29
   4.6   ADJUSTMENT TO ACTUAL DEFERRAL PERCENTAGE TESTS......................32
   4.7   ACTUAL CONTRIBUTION PERCENTAGE TESTS................................34
   4.8   ADJUSTMENT TO ACTUAL CONTRIBUTION PERCENTAGE TESTS..................37
   4.9   MAXIMUM ANNUAL ADDITIONS............................................40
   4.10     ADJUSTMENT FOR EXCESSIVE ANNUAL ADDITIONS........................42
   4.11     ROLLOVERS AND PLAN-TO-PLAN TRANSFERS FROM QUALIFIED PLANS........44
   4.12     DIRECTED INVESTMENT ACCOUNT......................................45
   4.13     QUALIFIED MILITARY SERVICE.......................................46

ARTICLE V      VALUATIONS....................................................47

   5.1   VALUATION OF THE TRUST FUND.........................................47
   5.2   METHOD OF VALUATION.................................................47

ARTICLE VI     DETERMINATION AND DISTRIBUTION OF BENEFITS....................47

   6.1   DETERMINATION OF BENEFITS UPON RETIREMENT...........................47
   6.2   DETERMINATION OF BENEFITS UPON DEATH................................48
   6.3   DETERMINATION OF BENEFITS IN EVENT OF DISABILITY....................49
   6.4   DETERMINATION OF BENEFITS UPON TERMINATION..........................49
   6.5   DISTRIBUTION OF BENEFITS............................................51
   6.6   DISTRIBUTION OF BENEFITS UPON DEATH.................................53
   6.7   TIME OF SEGREGATION OR DISTRIBUTION.................................54
   6.8   DISTRIBUTION FOR MINOR OR INCOMPETENT BENEFICIARY...................55
   6.9   LOCATION OF PARTICIPANT OR BENEFICIARY UNKNOWN......................55
   6.10     ADVANCE DISTRIBUTION FOR HARDSHIP................................55

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   6.11     QUALIFIED DOMESTIC RELATIONS ORDER DISTRIBUTION..................56

ARTICLE VII       TRUSTEE....................................................57

   7.1   BASIC RESPONSIBILITIES OF THE TRUSTEE...............................57
   7.2   INVESTMENT POWERS AND DUTIES OF THE TRUSTEE.........................58
   7.3   OTHER POWERS OF THE TRUSTEE.........................................58
   7.4   DUTIES OF THE TRUSTEE REGARDING PAYMENTS............................61
   7.5   TRUSTEE'S COMPENSATION AND EXPENSES AND TAXES.......................61
   7.6   ANNUAL REPORT OF THE TRUSTEE........................................61
   7.7   AUDIT...............................................................62
   7.8   RESIGNATION, REMOVAL AND SUCCESSION OF TRUSTEE......................62
   7.9   TRANSFER OF INTEREST................................................63
   7.10      TRUSTEE INDEMNIFICATION.........................................63
   7.11     DIRECT ROLLOVER..................................................64

ARTICLE VIII         AMENDMENT, TERMINATION AND MERGERS......................65

   8.1   AMENDMENT...........................................................65
   8.2   TERMINATION.........................................................66
   8.3   MERGER, CONSOLIDATION OR TRANSFER OF ASSETS.........................66

ARTICLE IX        TOP HEAVY..................................................66

   9.1   TOP HEAVY PLAN REQUIREMENTS.........................................66
   9.2   DETERMINATION OF TOP HEAVY STATUS...................................67

ARTICLE X         MISCELLANEOUS..............................................70

   10.1     PARTICIPANT'S RIGHTS.............................................70
   10.2     ALIENATION.......................................................70
   10.3     CONSTRUCTION OF PLAN.............................................71
   10.4     GENDER AND NUMBER................................................71
   10.5     LEGAL ACTION.....................................................71
   10.6     PROHIBITION AGAINST DIVERSION OF FUNDS...........................71
   10.7     EMPLOYER'S AND TRUSTEE'S PROTECTIVE CLAUSE.......................72
   10.8     INSURER'S PROTECTIVE CLAUSE......................................72
   10.9     RECEIPT AND RELEASE FOR PAYMENTS.................................72
   10.10    ACTION BY THE EMPLOYER...........................................72
   10.11    NAMED FIDUCIARIES AND ALLOCATION OF RESPONSIBILITY...............72
   10.12    HEADINGS.........................................................73
   10.13    APPROVAL BY INTERNAL REVENUE SERVICE.............................73
   10.14    UNIFORMITY.......................................................73

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                        THE CHEVIOT BUILDING AND LOAN CO.
                     401(K) RETIREMENT SAVINGS PLAN & TRUST

        THIS AGREEMENT, hereby made and entered into this 29th day of January,
2002 by and between The Cheviot Building and Loan Co. (herein referred to as the
"Employer") and Thomas J. Linneman, Kevin M. Kappa and Scott T. Smith (herein
referred to as the "Trustee").

                                   WITNESSETH:

        WHEREAS, the Employer heretofore established a Profit Sharing Plan and
Trust effective July 1, 1991, (hereinafter called the "Effective Date") known as
The Cheviot Building and Loan Co. 401(k) Retirement Savings Plan & Trust (herein
referred to as the "Plan") in recognition of the contribution made to its
successful operation by its employees and for the exclusive benefit of its
eligible employees; and

        WHEREAS, under the terms of the Plan, the Employer has the ability to
amend the Plan, provided the Trustee joins in such amendment if the provisions
of the Plan affecting the Trustee are amended;

        NOW, THEREFORE, effective January 1, 2001, except as otherwise provided,
the Employer and the Trustee in accordance with the provisions of the Plan
pertaining to amendments thereof, hereby amend the Plan in its entirety and
restate the Plan to provide as follows:

                                   ARTICLE I

                                   DEFINITIONS

        1.1     "Act" means the Employee Retirement Income Security Act of 1974,
as it may be amended from time to time.

        1.2     "Administrator" means the Employer unless another person or
entity has been designated by the Employer pursuant to Section 2.2 to administer
the Plan on behalf of the Employer.

        1.3     "Affiliated Employer" means any corporation which is a member of
a controlled group of corporations (as defined in Code Section 414(b)) which
includes the Employer; any trade or business (whether or not incorporated) which
is under common control (as defined in Code Section 414(c)) with the Employer;
any organization (whether or not incorporated) which is a member of an
affiliated service group (as defined in Code Section 414(m)) which includes the
Employer; and any other entity required to be aggregated with the Employer
pursuant to Regulations under Code Section 414(o).

        1.4     "Aggregate Account" means, with respect to each Participant, the
value of all accounts maintained on behalf of a Participant, whether
attributable to Employer or Employee contributions, subject to the provisions of
Section 9.2.

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        1.5     "Anniversary Date" means the last day of the Plan Year.

        1.6     "Beneficiary" means the person (or entity) to whom the share of
a deceased Participant's total account is payable, subject to the restrictions
of Sections 6.2 and 6.6.

        1.7     "Code" means the Internal Revenue Code of 1986, as amended or
replaced from time to time.

        1.8     "Compensation" with respect to any Participant means such
Participant's wages as defined in Code Section 3401(a) and all other payments of
compensation by the Employer (in the course of the Employer's trade or business)
for a Plan Year for which the Employer is required to furnish the Participant a
written statement under Code Sections 604l(d), 6051(a)(3) and 6052. Compensation
must be determined without regard to any rules under Code Section 3401(a) that
limit the remuneration included in wages based on the nature or location of the
employment or the services performed (such as the exception for agricultural
labor in Code Section 3401(a)(2).

                For purposes of this Section, the determination of Compensation
shall be made by:

                        (a)     including amounts which are contributed by the
                Employer pursuant to a salary reduction agreement and which are
                not includible in the gross income of the Participant under Code
                Sections 125, 132(f)(4) for Plan Years beginning after December
                31, 2000, 402(e)(3), 402(h)(l)(B), 403(b) or 457(b), and
                Employee contributions described in Code Section 414(h)(2) that
                are treated as Employer contributions.

                For a Participant's initial year of participation, Compensation
shall be recognized as of such Employee's effective date of participation
pursuant to Section 3.2.

                Compensation in excess of $150,000 (or such other amount
provided in the Code) shall be disregarded for all purposes other than for
purposes of salary deferral elections pursuant to Section 4.2. Such amount shall
be adjusted for increases in the cost of living in accordance with Code Section
401(a)(17)(B), except that the dollar increase in effect on January 1 of any
calendar year shall be effective for the Plan Year beginning with or within such
calendar year. For any short Plan Year the Compensation limit shall be an amount
equal to the Compensation limit for the calendar year in which the Plan Year
begins multiplied by the ratio obtained by dividing the number of full months in
the short Plan Year by twelve (12).

                For Plan Years beginning after December 31, 1996, for purposes
of determining Compensation, the family member aggregation rules of Code Section
401(a)(17) and Code Section 414(q)(6) (as in effect prior to the Small Business
Job Protection Act of 1996) are eliminated.

        1.9     "Contract" or "Policy" means any life insurance policy,
retirement income policy or annuity contract (group or individual) issued
pursuant to the terms of the Plan. In the event of

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any conflict between the terms of this Plan and the terms of any contract
purchased hereunder, the Plan provisions shall control.

        1.10    "Deferred Compensation" with respect to any Participant means
the amount of the Participant's total Compensation which has been contributed to
the Plan in accordance with the Participant's deferral election pursuant to
Section 4.2 excluding any such amounts distributed as excess "annual additions"
pursuant to Section 4.10(a).

        1.11    "Early Retirement Date" means the first day of the month (prior
to the Normal Retirement Date) coinciding with or following the date on which a
Participant or Former Participant attains age 59 1/2, and has completed at least
6 Years of Service with the Employer (Early Retirement Age). A Participant shall
become fully Vested upon satisfying this requirement if still employed at Early
Retirement Age.

                A Former Participant who separates from service after satisfying
the service requirement for Early Retirement and who thereafter reaches the age
requirement contained herein shall be entitled to receive benefits under this
Plan.

        1.12    "Elective Contribution" means the Employer contributions to the
Plan of Deferred Compensation, excluding any such amounts distributed as excess
"annual additions" pursuant to Section 4.10(a). In addition, any Employer
Qualified Non-Elective Contribution made pursuant to Section 4.6(b) which is
used to satisfy the "Actual Deferral Percentage" tests shall be considered an
Elective Contribution for purposes of the Plan. Any contributions deemed to be
Elective Contributions (whether or not used to satisfy the "Actual Deferral
Percentage" tests or the "Actual Contribution Percentage" tests) shall be
subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be
required to satisfy the nondiscrimination requirements of Regulation
1.401(k)-l(b)(5) and Regulation 1.401(m)-l(b)(5), the provisions of which are
specifically incorporated herein by reference.

        1.13    "Eligible Employee" means any Employee.

                Employees of Affiliated Employers shall not be eligible to
participate in this Plan unless such Affiliated Employers have specifically
adopted this Plan in writing.

                Employees classified by the Employer as independent contractors
who are subsequently determined by the Internal Revenue Service to be Employees
shall not be Eligible Employees.

        1.14    "Employee" means any person who is employed by the Employer or
Affiliated Employer, and excludes any person who is employed as an independent
contractor. Employee shall include Leased Employees within the meaning of Code
Sections 414(n)(2) and 414(o)(2) unless such Leased Employees are covered by a
plan described in Code Section 414(n)(5) and such Leased Employees do not
constitute more than 20% of the recipient's non-highly compensated work force.

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        1.15    "Employer" means The Cheviot Building and Loan Co. and any
successor which shall maintain this Plan; and any predecessor which has
maintained this Plan. The Employer is a corporation, with principal offices in
the State of Ohio.

        1.16    "Excess Aggregate Contributions" means, with respect to any Plan
Year, the excess of the aggregate amount of the Employer matching contributions
made pursuant to Section 4.1(b) and any qualified non-elective contributions or
elective deferrals taken into account pursuant to Section 4.7(c) on behalf of
Highly Compensated Participants for such Plan Year, over the maximum amount of
such contributions permitted under the limitations of Section 4.7(a) (determined
by hypothetically reducing contributions made on behalf of Highly Compensated
Participants in order of the actual contribution ratios beginning with the
highest of such ratios). Such determination shall be made after first taking
into account corrections of any Excess Deferred Compensation pursuant to Section
4.2 and taking into account any adjustments of any Excess Contributions pursuant
to Section 4.6.

        1.17    "Excess Compensation" with respect to any Participant means the
Participant's Compensation which is in excess of 50% of the Taxable Wage Base.
For any short year, 50% of the Taxable Wage Base shall be reduced by a fraction,
the numerator of which is the number of full months in the short year and the
denominator of which is twelve (12).

        1.18    "Excess Contributions" means, with respect to a Plan Year, the
excess of Elective Contributions used to satisfy the "Actual Deferral
Percentage" tests made on behalf of Highly Compensated Participants for the Plan
Year over the maximum amount of such contributions permitted under Section
4.5(a) (determined by hypothetically reducing contributions made on behalf of
Highly Compensated Participants in order of the actual deferral ratios beginning
with the highest of such ratios). Excess Contributions shall be treated as an
"annual addition" pursuant to Section 4.9(b).

        1.19    "Excess Deferred Compensation" means, with respect to any
taxable year of a Participant, the excess of the aggregate amount of such
Participant's Deferred Compensation and the elective deferrals pursuant to
Section 4.2(f) actually made on behalf of such Participant for such taxable
year, over the dollar limitation provided for in Code Section 402(g), which is
incorporated herein by reference. Excess Deferred Compensation shall be treated
as an "annual addition" pursuant to Section 4.9(b) when contributed to the Plan
unless distributed to the affected Participant not later than the first April
15th following the close of the Participant's taxable year. Additionally, for
purposes of Sections 9.2 and 4.4(g), Excess Deferred Compensation shall continue
to be treated as Employer contributions even if distributed pursuant to Section
4.2(f). However, Excess Deferred Compensation of Non-Highly Compensated
Participants is not taken into account for purposes of Section 4.5(a) to the
extent such Excess Deferred Compensation occurs pursuant to Section 4.2(d).

        1.20    "Fiduciary" means any person who (a) exercises any discretionary
authority or discretionary control respecting management of the Plan or
exercises any authority or control respecting management or disposition of its
assets, (b) renders investment advice for a fee or other compensation, direct or
indirect, with respect to any monies or other property of the Plan or has any
authority or responsibility to do so, or (c) has any discretionary authority or
discretionary responsibility in the administration of the Plan.

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        1.21    "Fiscal Year" means the Employer's accounting year of 12 months
commencing on January 1st of each year and ending the following December 31st.

        1.22    "Forfeiture" means that portion of a Participant's Account that
is not Vested, and occurs on the earlier of:

                        (a)     the distribution of the entire Vested portion of
                the Participant's Account of a Former Participant who has
                severed employment with the Employer. For purposes of this
                provision, if the Former Participant has a Vested benefit of
                zero, then such Former Participant shall be deemed to have
                received a distribution of such Vested benefit as of the year in
                which the severance of employment occurs, or

                        (b)     the last day of the Plan Year in which a Former
                Participant who has severed employment with the Employer incurs
                five (5) consecutive 1-Year Breaks in Service.

                Regardless of the preceding provisions, if a Former Participant
is eligible to share in the allocation of Employer contributions or Forfeitures
in the year in which the Forfeiture would otherwise occur, then the Forfeiture
will not occur until the end of the first Plan Year for which the Former
Participant is not eligible to share in the allocation of Employer contributions
or Forfeitures. Furthermore, the term "Forfeiture" shall also include amounts
deemed to be Forfeitures pursuant to any other provision of this Plan.

        1.23    "Former Participant" means a person who has been a Participant,
but who has ceased to be a Participant for any reason.

        1.24    "415 Compensation" with respect to any Participant means such
Participant's wages as defined in Code Section 3401(a) and all other payments of
compensation by the Employer (in the course of the Employer's trade or business)
for a Plan Year for which the Employer is required to furnish the Participant a
written statement under Code Sections 6041(d), 6051(a)(3) and 6052. "415
Compensation" must be determined without regard to any rules under Code Section
3401(a) that limit the remuneration included in wages based on the nature or
location of the employment or the services performed (such as the exception for
agricultural labor in Code Section 3401(a)(2)).

                For "limitation years" beginning after December 31, 1997, for
purposes of this Section, the determination of "415 Compensation" shall include
any elective deferral (as defined in Code Section 402(g)(3)), and any amount
which is contributed or deferred by the Employer at the election of the
Participant and which is not includible in the gross income of the Participant
by reason of Code Sections 125, 132(f)(4) for "limitation years" beginning after
December 31, 2000 or 457.

        1.25    "414(s) Compensation" means any definition of compensation that
satisfies the nondiscrimination requirements of Code Section 414(s) and the
Regulations thereunder. The period for determining 414(s) Compensation must be
either the Plan Year or the calendar year ending with or within the Plan Year.
An Employer may further limit the period taken into

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account to that part of the Plan Year or calendar year in which an Employee was
a Participant in the component of the Plan being tested. The period used to
determine 414(s) Compensation must be applied uniformly to all Participants for
the Plan Year.

                For Plan Years beginning after December 31, 1996, for purposes
of this Section, the family member aggregation rules of Code Section 414(q)(6)
(as in effect prior to the Small Business Job Protection Act of 1996) are
eliminated.

        1.26    "Highly Compensated Employee" means, for Plan Years beginning
after December 31, 1996, an Employee described in Code Section 414(q) and the
Regulations thereunder, and generally means any Employee who:

                        (a)     was a "five percent owner" as defined in Section
                1.3 l(c) at any time during the "determination year" or the
                "look-back year"; or

                        (b)     for the "look-back year" had "415 Compensation"
                from the Employer in excess of $80,000. The $80,000 amount is
                adjusted at the same time and in the same manner as under Code
                Section 415(d), except that the base period is the calendar
                quarter ending September 30, 1996.

                The "determination year" means the Plan Year for which testing
is being performed, and the "look-back year" means the immediately preceding
twelve (12) month period.

                A highly compensated former Employee is based on the rules
applicable to determining Highly Compensated Employee status as in effect for
the "determination year," in accordance with Regulation 1.414(q)-lT, A-4 and IRS
Notice 97-45 (or any superseding guidance).

                In determining whether an Employee is a Highly Compensated
Employee for a Plan Year beginning in 1997, the amendments to Code Section
414(q) stated above are treated as having been in effect for years beginning in
1996.

                For purposes of this Section, for Plan Years beginning prior to
January 1, 1998, the determination of "415 Compensation" shall be made by
including amounts that would otherwise be excluded from a Participant's gross
income by reason of the application of Code Sections 125, 402(e)(3),
402(h)(l)(B), and, in the case of Employer contributions made pursuant to a
salary reduction agreement, Code Section 403(b).

                In determining who is a Highly Compensated Employee, Employees
who are non-resident aliens and who received no earned income (within the
meaning of Code Section 91l(d)(2)) from the Employer constituting United States
source income within the meaning of Code Section 861(a)(3) shall not be treated
as Employees. Additionally, all Affiliated Employers shall be taken into account
as a single employer and Leased Employees within the meaning of Code Sections
414(n)(2) and 414(o)(2) shall be considered Employees unless such Leased
Employees are covered by a plan described in Code Section 414(n)(5) and are not
covered in any qualified plan maintained by the Employer. The exclusion of
Leased Employees for this purpose

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shall be applied on a uniform and consistent basis for all of the Employer's
retirement plans. Highly Compensated Former Employees shall be treated as Highly
Compensated Employees without regard to whether they performed services during
the "determination year."

        1.27    "Highly Compensated Participant" means any Highly Compensated
Employee who is eligible to participate in the component of the Plan being
tested.

        1.28    "Hour of Service" means (1) each hour for which an Employee is
directly or indirectly compensated or entitled to compensation by the Employer
for the performance of duties (these hours will be credited to the Employee for
the computation period in which the duties are performed); (2) each hour for
which an Employee is directly or indirectly compensated or entitled to
compensation by the Employer (irrespective of whether the employment
relationship has terminated) for reasons other than performance of duties (such
as vacation, holidays, sickness, jury duty, disability, lay-off, military duty
or leave of absence) during the applicable computation period (these hours will
be calculated and credited pursuant to Department of Labor regulation
2530.200b-2 which is incorporated herein by reference); (3) each hour for which
back pay is awarded or agreed to by the Employer without regard to mitigation of
damages (these hours will be credited to the Employee for the computation period
or periods to which the award or agreement pertains rather than the computation
period in which the award, agreement or payment is made). The same Hours of
Service shall not be credited both under (1) or (2), as the case may be, and
under (3).

                Notwithstanding (2) above, (i) no more than 501 Hours of Service
are required to be credited to an Employee on account of any single continuous
period during which the Employee performs no duties (whether or not such period
occurs in a single computation period); (ii) an hour for which an Employee is
directly or indirectly paid, or entitled to payment, on account of a period
during which no duties are performed is not required to be credited to the
Employee if such payment is made or due under a plan maintained solely for the
purpose of complying with applicable worker's compensation, or unemployment
compensation or disability insurance laws; and (iii) Hours of Service are not
required to be credited for a payment which solely reimburses an Employee for
medical or medically related expenses incurred by the Employee.

                For purposes of (2) above, a payment shall be deemed to be made
by or due from the Employer regardless of whether such payment is made by or due
from the Employer directly, or indirectly through, among others, a trust fund,
or insurer, to which the Employer contributes or pays premiums and regardless of
whether contributions made or due to the trust fund, insurer, or other entity
are for the benefit of particular Employees or are on behalf of a group of
Employees in the aggregate.

                For purposes of this Section, Hours of Service will be credited
for employment with other Affiliated Employers. The provisions of Department of
Labor regulations 2530.200b-2(b) and (c) are incorporated herein by reference.

        1.29    "Income" means the income or losses allocable to Excess Deferred
Compensation, Excess Contributions or Excess Aggregate Contributions which
amount shall be allocated in the same manner as income or losses are allocated
pursuant to Section 4.4(f).

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        1.30    "Investment Manager" means an entity that (a) has the power to
manage, acquire, or dispose of Plan assets and (b) acknowledges fiduciary
responsibility to the Plan in writing. Such entity must be a person, firm, or
corporation registered as an investment adviser under the Investment Advisers
Act of 1940, a bank, or an insurance company.

        1.31    "Key Employee" means an Employee as defined in Code Section
416(i) and the Regulations thereunder. Generally, any Employee or former
Employee (as well as each of the Employee's or former Employee's Beneficiaries)
is considered a Key Employee if the Employee, at any time during the Plan Year
that contains the "Determination Date" or any of the preceding four (4) Plan
Years, has been included in one of the following categories:

                        (a)     an officer of the Employer (as that term is
                defined within the meaning of the Regulations under Code Section
                416) having annual "415 Compensation" greater than 50 percent of
                the amount in effect under Code Section 415(b)(l)(A) for any
                such Plan Year.

                        (b)     one of the ten employees having annual "415
                Compensation" from the Employer for a Plan Year greater than the
                dollar limitation in effect under Code Section 415(c)(l)(A) for
                the calendar year in which such Plan Year ends and owning (or
                considered as owning within the meaning of Code Section 318)
                both more than one-half percent interest and the largest
                interests in the Employer.

                        (c)     a "five percent owner" of the Employer. "Five
                percent owner" means any person who owns (or is considered as
                owning within the meaning of Code Section 318) more than five
                percent (5%) of the outstanding stock of the Employer or stock
                possessing more than five percent (5%) of the total combined
                voting power of all stock of the Employer or, in the case of an
                unincorporated business, any person who owns more than five
                percent (5%) of the capital or profits interest in the Employer.
                In determining percentage ownership-hereunder, employers that
                would otherwise be aggregated under Code Sections 414(b), (c),
                (m) and (o) shall be treated as separate employers.

                        (d)     a "one percent owner" of the Employer having an
                annual "415 Compensation" from the Employer of more than
                $150,000. "One percent owner" means any person who owns (or is
                considered as owning within the meaning of Code Section 318)
                more than one percent (1%) of the outstanding stock of the
                Employer or stock possessing more than one percent (1%) of the
                total combined voting power of all stock of the Employer or, in
                the case of an unincorporated business, any person who owns more
                than one percent (1%) of the capital or profits interest in the
                Employer. In determining percentage ownership hereunder,
                employers that would otherwise be aggregated under Code Sections
                414(b), (c), (m) and (o) shall be treated as separate employers.
                However, in determining whether an individual has "415
                Compensation" of more than $150,000, "415 Compensation" from
                each employer required to be aggregated under Code Sections
                414(b), (c), (m) and (o) shall be taken into account.

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                For purposes of this Section, the determination of "415
Compensation" shall be made by including amounts which are contributed by the
Employer pursuant to a salary reduction agreement and which are not includible
in the gross income of the Participant under Code Sections 125, 132(f)(4) for
Plan Years beginning after December 31, 2000, 402(e)(3), 402(h)(l)(B), 403(b) or
457(b), and Employee contributions described in Code Section 414(h)(2) that are
treated as Employer contributions.

        1.32    "Late Retirement Date" means the first day of the month
coinciding with or next following a Participant's actual Retirement Date after
having reached Normal Retirement Date.

        1.33    "Leased Employee" means, for Plan Years beginning after December
31, 1996, any person (other than an Employee of the recipient Employer) who
pursuant to an agreement between the recipient Employer and any other person or
entity ("leasing organization") has performed services for the recipient (or for
the recipient and related persons determined in accordance with Code Section
414(n)(6)) on a substantially full time basis for a period of at least one year,
and such services are performed under primary direction or control by the
recipient Employer. Contributions or benefits provided a Leased Employee by the
leasing organization which are attributable to services performed for the
recipient Employer shall be treated as provided by the recipient Employer.
Furthermore, Compensation for a Leased Employee shall only include Compensation
from the leasing organization that is attributable to services performed for the
recipient Employer. A Leased Employee shall not be considered an Employee of the
recipient Employer:

                        (a)     if such employee is covered by a money purchase
                pension plan providing:

                                (1)     a nonintegrated employer contribution
                        rate of at least 10% of compensation, as defined in Code
                        Section 415(c)(3), but for Plan Years beginning prior to
                        January 1, 1998, including amounts which are contributed
                        by the Employer pursuant to a salary reduction agreement
                        and which are not includible in the gross income of the
                        Participant under Code Sections 125, 402(e)(3),
                        402(h)(l)(B), 403(b) or 457(b), and Employee
                        contributions described in Code Section 414(h)(2) that
                        are treated as Employer contributions, but for Plan
                        Years beginning prior to January 1, 2001, excluding
                        amounts that are not includible in gross income under
                        Code Section 132(f)(4);

                                (2)     immediate participation;

                                (3)     full and immediate vesting; and

                        (b)     if Leased Employees do not constitute more than
                20% of the recipient Employer's nonhighly compensated work
                force.

        1.34    "Non-Elective Contribution" means the Employer contributions to
the Plan excluding, however, contributions made pursuant to the Participant's
deferral election provided

                                       9
<PAGE>

for in Section 4.2 and any Qualified Non-Elective Contribution used in the
"Actual Deferral Percentage" tests.

        1.35    "Non-Highly Compensated Participant" means, for Plan Years
beginning after December 31, 1996, any Participant who is not a Highly
Compensated Employee. However, for purposes of Section 4.5(a) and Section 4.6,
if the prior year testing method is used, a Non-Highly Compensated Participant
shall be determined using the definition of Highly Compensated Employee in
effect for the preceding Plan Year.

        1.36    "Non-Key Employee" means any Employee or former Employee (and
such Employee's or former Employee's Beneficiaries) who is not, and has never
been a Key Employee.

        1.37    "Normal Retirement Age" means the Participant's 65th birthday. A
Participant shall become fully Vested in the Participant's Account upon
attaining Normal Retirement Age.

        1.38    "Normal Retirement Date" means the first day of the month
coinciding with or next following the Participant's Normal Retirement Age.

        1.39    "1-Year Break in Service" means the applicable computation
period during which an Employee has not completed more than 500 Hours of Service
with the Employer. Further, solely for the purpose of determining whether a
Participant has incurred a 1-Year Break in Service, Hours of Service shall be
recognized for "authorized leaves of absence" and "maternity and paternity
leaves of absence." Years of Service and 1-Year Breaks in Service shall be
measured on the same computation period.

                "Authorized leave of absence" means an unpaid, temporary
cessation from active employment with the Employer pursuant to an established
nondiscriminatory policy, whether occasioned by illness, military service, or
any other reason.

                A "maternity or paternity leave of absence" means an absence
from work for any period by reason of the Employee's pregnancy, birth of the
Employee's child, placement of a child with the Employee in connection with the
adoption of such child, or any absence for the purpose of caring for such child
for a period immediately following such birth or placement. For this purpose,
Hours of Service shall be credited for the computation period in which the
absence from work begins, only if credit therefore is necessary to prevent the
Employee from incurring a 1-Year Break in Service, or, in any other case, in the
immediately following computation period. The Hours of Service credited for a
"maternity or paternity leave of absence" shall be those which would normally
have been credited but for such absence, or, in any case in which the
Administrator is unable to determine such hours normally credited, eight (8)
Hours of Service per day. The total Hours of Service required to be credited for
a "maternity or paternity leave of absence" shall not exceed the number of Hours
of Service needed to prevent the Employee from incurring a 1-Year Break in
Service.

        1.40    "Participant" means any Eligible Employee who participates in
the Plan and has not for any reason become ineligible to participate further in
the Plan.

                                       10
<PAGE>

        1.41    "Participant Direction Procedures" means such instructions,
guidelines or policies, the terms of which are incorporated herein, as shall be
established pursuant to Section 4.12 and observed by the Administrator and
applied to Participants who have Participant Directed Accounts.

        1.42    "Participant's Account" means the account established and
maintained by the Administrator for each Participant with respect to such
Participant's total interest in the Plan and Trust resulting from the Employer
Non-Elective Contributions.

                A separate accounting shall be maintained with respect to that
portion of the Participant's Account attributable to Employer matching
contributions made pursuant to Section 4.1(b), Employer discretionary
contributions made pursuant to Section 4.1(c) and any Employer Qualified
Non-Elective Contributions.

        1.43    "Participant's Combined Account" means the total aggregate
amount of each Participant's Elective Account and Participant's Account.

        1.44    "Participant's Directed Account" means that portion of a
Participant's interest in the Plan with respect to which the Participant has
directed the investment in accordance with the Participant Direction Procedure.

        1.45    "Participant's Elective Account" means the account established
and maintained by the Administrator for each Participant with respect to the
Participant's total interest in the Plan and Trust resulting from the Employer
Elective Contributions used to satisfy the "Actual Deferral Percentage" tests. A
separate accounting shall be maintained with respect to that portion of the
Participant's Elective Account attributable to such Elective Contributions
pursuant to Section 4.2 and any Employer Qualified Non-Elective Contributions.

        1.46    "Participant's Transfer/Rollover Account" means the account
established and maintained by the Administrator for each Participant with
respect to the Participant's total interest in the Plan resulting from amounts
transferred to this Plan from a direct plan-to-plan transfer and/or with respect
to such Participant's interest in the Plan resulting from amounts transferred
from another qualified plan or "conduit" Individual Retirement Account in
accordance with Section 4.11.

                A separate accounting shall be maintained with respect to that
portion of the Participant's Transfer/Rollover Account attributable to transfers
(within the meaning of Code Section 414(1)) and "rollovers."

        1.47    "Plan" means this instrument, including all amendments thereto.

        1.48    "Plan Year" means the Plan's accounting year of twelve (12)
months commencing on January 1st of each year and ending the following December
31st.

        1.49    "Qualified Non-Elective Contribution" means any Employer
contributions made pursuant to Section 4.6(b) and Section 4.8(f). Such
contributions shall be considered an Elective Contribution for the purposes of
the Plan and used to satisfy the "Actual Deferral Percentage" tests or the
"Actual Contribution Percentage" tests.

                                       11
<PAGE>

        1.50    "Regulation" means the Income Tax Regulations as promulgated by
the Secretary of the Treasury or a delegate of the Secretary of the Treasury,
and as amended from time to time.

        1.51    "Retired Participant" means a person who has been a Participant,
but who has become entitled to retirement benefits under the Plan.

        1.52    "Retirement Date" means the date as of which a Participant
retires for reasons other than Total and Permanent Disability, whether such
retirement occurs on a Participant's Normal Retirement Date, Early or Late
Retirement Date (see Section 6.1).

        1.53    "Taxable Wage Base" means, with respect to any Plan Year, the
contribution and benefit base in effect under Section 230 of the Social Security
Act at the beginning of the Plan Year.

        1.54    "Terminated Participant" means a person who has been a
Participant, but whose employment has been terminated other than by death. Total
and Permanent Disability or retirement.

        1.55    "Top Heavy Plan" means a plan described in Section 9.2(a).

        1.56    "Top Heavy Plan Year" means a Plan Year during which the Plan is
a Top Heavy Plan.

        1.57    "Total and Permanent Disability" means a physical or mental
condition of a Participant resulting from bodily injury, disease, or mental
disorder which renders such Participant incapable of continuing usual and
customary employment with the Employer. The disability of a Participant shall be
determined by a licensed physician chosen by the Administrator. The
determination shall be applied uniformly to all Participants.

        1.58    "Trustee" means the person or entity named as trustee herein or
in any separate trust forming a part of this Plan, and any successors.

        1.59    "Trust Fund" means the assets of the Plan and Trust as the same
shall exist from time to time.

        1.60    "Valuation Date" means the Anniversary Date and may include any
other date or dates deemed necessary or appropriate by the Administrator for the
valuation of the Participants' accounts during the Plan Year, which may include
any day that the Trustee, any transfer agent appointed by the Trustee or the
Employer or any stock exchange used by such agent, are open for business.

        1.61    "Vested" means the nonforfeitable portion of any account
maintained on behalf of a Participant.

        1.62    "Year of Service" means the computation period of twelve (12)
consecutive months, herein set forth, during which an Employee has at least 1000
Hours of Service.

                                       12
<PAGE>

                For purposes of eligibility for participation, the initial
computation period shall begin with the date on which the Employee first
performs an Hour of Service. The participation computation period beginning
after a 1-Year Break in Service shall be measured from the date on which an
Employee again performs an Hour of Service. The participation computation period
shall shift to the Plan Year which includes the anniversary of the date on which
the Employee first performed an Hour of Service. An Employee who is credited
with the required Hours of Service in both the initial computation period (or
the computation period beginning after a 1-Year Break in Service) and the Plan
Year which includes the anniversary of the date on which the Employee first
performed an Hour of Service, shall be credited with two (2) Years of Service
for purposes of eligibility to participate.

                For vesting purposes, the computation periods shall be the Plan
Year, including periods prior to the Effective Date of the Plan.

                The computation period shall be the Plan Year if not otherwise
set forth herein.

                Notwithstanding the foregoing, for any short Plan Year, the
determination of whether an Employee has completed a Year of Service shall be
made in accordance with Department of Labor regulation 2530.203-2(c).

                Years of Service with any Affiliated Employer shall be
recognized.

                                   ARTICLE II

                                 ADMINISTRATION

        2.1     POWERS AND RESPONSIBILITIES OF THE EMPLOYER

                        (a)     In addition to the general powers and
                responsibilities otherwise provided for in this Plan, the
                Employer shall be empowered to appoint and remove the Trustee
                and the Administrator from time to time as it deems necessary
                for the proper administration of the Plan to ensure that the
                Plan is being operated for the exclusive benefit of the
                Participants and their Beneficiaries in accordance with the
                terms of the Plan, the Code, and the Act. The Employer may
                appoint counsel, specialists, advisers, agents (including any
                nonfiduciary agent) and other persons as the Employer deems
                necessary or desirable in connection with the exercise of its
                fiduciary duties under this Plan. The Employer may compensate
                such agents or advisers from the assets of the Plan as fiduciary
                expenses (but not including any business (settlor) expenses of
                the Employer), to the extent not paid by the Employer.

                        (b)     The Employer may, by written agreement or
                designation, appoint at its option an Investment Manager
                (qualified under the Investment Company Act of 1940 as amended),
                investment adviser, or other agent to provide direction to the
                Trustee with respect to any or all of the Plan assets. Such
                appointment shall be given by the Employer in writing in a form
                acceptable to the Trustee and shall

                                       13
<PAGE>

                specifically identify the Plan assets with respect to which the
                Investment Manager or other agent shall have authority to direct
                the investment.

                        (c)     The Employer shall establish a "funding policy
                and method," i.e., it shall determine whether the Plan has a
                short run need for liquidity (e.g., to pay benefits) or whether
                liquidity is a long run goal and investment growth (and
                stability of same) is a more current need, or shall appoint a
                qualified person to do so. The Employer or its delegate shall
                communicate such needs and goals to the Trustee, who shall
                coordinate such Plan needs with its investment policy. The
                communication of such a "funding policy and method" shall not,
                however, constitute a directive to the Trustee as to the
                investment of the Trust Funds. Such "funding policy and method"
                shall be consistent with the objectives of this Plan and with
                the requirements of Title I of the Act.

                        (d)     The Employer shall periodically review the
                performance of any Fiduciary or other person to whom duties have
                been delegated or allocated by it under the provisions of this
                Plan or pursuant to procedures established hereunder. This
                requirement may be satisfied by formal periodic review by the
                Employer or by a qualified person specifically designated by the
                Employer, through day-to-day conduct and evaluation, or through
                other appropriate ways.

        2.2     DESIGNATION OF ADMINISTRATIVE AUTHORITY

                The Employer shall be the Administrator. The Employer may
appoint any person, including, but not limited to, the Employees of the
Employer, to perform the duties of the Administrator. Any person so appointed
shall signify acceptance by filing written acceptance with the Employer. Upon
the resignation or removal of any individual performing the duties of the
Administrator, the Employer may designate a successor.

        2.3     POWERS AND DUTIES OF THE ADMINISTRATOR

                The primary responsibility of the Administrator is to administer
the Plan for the exclusive benefit of the Participants and their Beneficiaries,
subject to the specific terms of the Plan. The Administrator shall administer
the Plan in accordance with its terms and shall have the power and discretion to
construe the terms of the Plan and to determine all questions arising in
connection with the administration, interpretation, and application of the Plan.
Any such determination by the Administrator shall be conclusive and binding upon
all persons. The Administrator may establish procedures, correct any defect,
supply any information, or reconcile any inconsistency in such manner and to
such extent as shall be deemed necessary or advisable to carry out the purpose
of the Plan; provided, however, that any procedure, discretionary act,
interpretation or construction shall be done in a nondiscriminatory manner based
upon uniform principles consistently applied and shall be consistent with the
intent that the Plan shall continue to be deemed a qualified plan under the
terms of Code Section 401(a), and shall comply with the terms of the Act and all
regulations issued pursuant thereto. The Administrator shall have all powers
necessary or appropriate to accomplish the Administrator's duties under the
Plan.

                                       14
<PAGE>

                The Administrator shall be charged with the duties of the
general administration of the Plan as set forth under the terms of the Plan,
including, but not limited to, the following:

                        (a)     the discretion to determine all questions
                relating to the eligibility of Employees to participate or
                remain a Participant hereunder and to receive benefits under the
                Plan;

                        (b)     to compute, certify, and direct the Trustee with
                respect to the amount and the kind of benefits to which any
                Participant shall be entitled hereunder;

                        (c)     to authorize and direct the Trustee with respect
                to all discretionary or otherwise directed disbursements from
                the Trust;

                        (d)     to maintain all necessary records for the
                administration of the Plan;

                        (e)     to interpret the provisions of the Plan and to
                make and publish such rules for regulation of the Plan as are
                consistent with the terms hereof;

                        (f)     to determine the size and type of any Contract
                to be purchased from any insurer, and to designate the insurer
                from which such Contract shall be purchased;

                        (g)     to compute and certify to the Employer and to
                the Trustee from time to time the sums of money necessary or
                desirable to be contributed to the Plan;

                        (h)     to consult with the Employer and the Trustee
                regarding the short and long-term liquidity needs of the Plan in
                order that the Trustee can exercise any investment discretion in
                a manner designed to accomplish specific objectives;

                        (i)     to prepare and implement a procedure to notify
                Eligible Employees that they may elect to have a portion of
                their Compensation deferred or paid to them in cash;

                        (j)     to determine the validity of, and take
                appropriate action with respect to, any qualified domestic
                relations order received by it; and

                        (k)     to assist any Participant regarding the
                Participant's rights, benefits, or elections available under the
                Plan.

        2.4     RECORDS AND REPORTS

                The Administrator shall keep a record of all actions taken and
shall keep all other books of account, records, policies, and other data that
may be necessary for proper administration of the Plan and shall be responsible
for supplying all information and reports to the Internal Revenue Service,
Department of Labor, Participants, Beneficiaries and others as required by law.

                                       15
<PAGE>

        2.5     APPOINTMENT OF ADVISERS

                The Administrator, or the Trustee with the consent of the
Administrator, may appoint counsel, specialists, advisers, agents (including
nonfiduciary agents) and other persons as the Administrator or the Trustee deems
necessary or desirable in connection with the administration of this Plan,
including but not limited to agents and advisers to assist with the
administration and management of the Plan, and thereby to provide, among such
other duties as the Administrator may appoint, assistance with maintaining Plan
records and the providing of investment information to the Plan's investment
fiduciaries and to Plan Participants.

        2.6     PAYMENT OF EXPENSES

                All expenses of administration may be paid out of the Trust Fund
unless paid by the Employer. Such expenses shall include any expenses incident
to the functioning of the Administrator, or any person or persons retained or
appointed by any Named Fiduciary incident to the exercise of their duties under
the Plan, including, but not limited to, fees of accountants, counsel,
Investment Managers, agents (including nonfiduciary agents) appointed for the
purpose of assisting the Administrator or the Trustee in carrying out the
instructions of Participants as to the directed investment of their accounts and
other specialists and their agents, the costs of any bonds required pursuant to
Act Section 412, and other costs of administering the Plan. Until paid, the
expenses shall constitute a liability of the Trust Fund.

        2.7     CLAIMS PROCEDURE

                Claims for benefits under the Plan may be filed in writing with
the Administrator. Written notice of the disposition of a claim shall be
furnished to the claimant within ninety (90) days after the application is
filed, or such period as is required by applicable law or Department of Labor
regulation. In the event the claim is denied, the reasons for the denial shall
be specifically set forth in the notice in language calculated to be understood
by the claimant, pertinent provisions of the Plan shall be cited, and, where
appropriate, an explanation as to how the claimant can perfect the claim will be
provided. In addition, the claimant shall be furnished with an explanation of
the Plan's claims review procedure.

        2.8     CLAMS REVIEW PROCEDURE

                Any Employee, former Employee, or Beneficiary of either, who has
been denied a benefit by a decision of the Administrator pursuant to Section 2.7
shall be entitled to request the Administrator to give further consideration to
a claim by filing with the Administrator a written request for a hearing. Such
request, together with a written statement of the reasons why the claimant
believes the claim should be allowed, shall be filed with the Administrator no
later than sixty (60) days after receipt of the written notification provided
for in Section 2.7. The Administrator shall then conduct a hearing within the
next sixty (60) days, at which the claimant may be represented by an attorney or
any other representative of such claimant's choosing and expense and at which
the claimant shall have an opportunity to submit written and oral evidence and
arguments in support of the claim. At the hearing (or prior thereto upon five
(5) business days written notice to the Administrator) the claimant or the
claimant's representative shall have

                                       16
<PAGE>

an opportunity to review all documents in the possession of the Administrator
which are pertinent to the claim at issue and its disallowance. Either the
claimant or the Administrator may cause a court reporter to attend the hearing
and record the proceedings. In such event, a complete written transcript of the
proceedings shall be furnished to both parties by the court reporter. The full
expense of any such court reporter and such transcripts shall be borne by the
party causing the court reporter to attend the hearing. A final decision as to
the allowance of the claim shall be made by the Administrator within sixty (60)
days of receipt of the appeal (unless there has been an extension of sixty (60)
days due to special circumstances, provided the delay and the special
circumstances occasioning it are communicated to the claimant within the sixty
(60) day period). Such communication shall be written in a manner calculated to
be understood by the claimant and shall include specific reasons for the
decision and specific references to the pertinent Plan provisions on which the
decision is based.

                                  ARTICLE III

                                   ELIGIBILITY

        3.1     CONDITIONS OF ELIGIBILITY

                Any Eligible Employee who has completed one (1) Year of Service
and has attained age 21 shall be eligible to participate hereunder as of the
date such Employee has satisfied such requirements. However, any Employee who
was a Participant in the Plan prior to the effective date of this amendment and
restatement shall continue to participate in the Plan.

        3.2     EFFECTIVE DATE OF PARTICIPATION

                An Eligible Employee shall become a Participant effective as of
the earlier of the first day of the Plan Year or the first day of the seventh
month of such Plan Year coinciding with or next following the date such Employee
met the eligibility requirements of Section 3.1, provided said Employee was
still employed as of such date (or if not employed on such date, as of the date
of rehire if a 1-Year Break in Service has not occurred or, if later, the date
that the Employee would have otherwise entered the Plan had the Employee not
terminated employment).

        3.3     DETERMINATION OF ELIGIBILITY

                The Administrator shall determine the eligibility of each
Employee for participation in the Plan based upon information furnished by the
Employer. Such determination shall be conclusive and binding upon all persons,
as long as the same is made pursuant to the Plan and the Act. Such determination
shall be subject to review pursuant to Section 2.8.

        3.4     TERMINATION OF ELIGIBILITY

                In the event a Participant shall go from a classification of an
Eligible Employee to an ineligible Employee, such Former Participant shall
continue to vest in the Plan for each Year of Service completed while a
noneligible Employee, until such time as the Participant's Account

                                       17
<PAGE>

is forfeited or distributed pursuant to the terms of the Plan. Additionally, the
Former Participant's interest in the Plan shall continue to share in the
earnings of the Trust Fund.

        3.5     OMISSION OF ELIGIBLE EMPLOYEE

                If, in any Plan Year, any Employee who should be included as a
Participant in the Plan is erroneously omitted and discovery of such omission is
not made until after a contribution by the Employer for the year has been made
and allocated, then the Employer shall make a subsequent contribution, if
necessary after the application of Section 4.4(c), so that the omitted Employee
receives a total amount which the Employee would have received (including both
Employer contributions and earnings thereon) had the Employee not been omitted.
Such contribution shall be made regardless of whether it is deductible in whole
or in part in any taxable year under applicable provisions of the Code.

        3.6     INCLUSION OF INELIGIBLE EMPLOYEE

                If, in any Plan Year, any person who should not have been
included as a Participant in the Plan is erroneously included and discovery of
such inclusion is not made until after a contribution for the year has been made
and allocated, the Employer shall be entitled to recover the contribution made
with respect to the ineligible person provided the error is discovered within
twelve (12) months of the date on which it was made. Otherwise, the amount
contributed with respect to the ineligible person shall constitute a Forfeiture
for the Plan Year in which the discovery is made. Notwithstanding the foregoing,
any Deferred Compensation made by an ineligible person shall be distributed to
the person (along with any earnings attributable to such Deferred Compensation).

        3.7     REHIRED EMPLOYEES AND BREAKS IN SERVICE

                        (a)     If any Participant becomes a Former Participant
                due to severance from employment with the Employer and is
                reemployed by the Employer before a 1-Year Break in Service
                occurs, the Former Participant shall become a Participant as of
                the reemployment date.

                        (b)     If any Participant becomes a Former Participant
                due to severance from employment with the Employer and is
                reemployed after a 1-Year Break in Service has occurred, Years
                of Service shall include Years of Service prior to the 1-Year
                Break in Service subject to the following rules:

                                (1)     In the case of a Former Participant who
                        under the Plan does not have a nonforfeitable right to
                        any interest in the Plan resulting from Employer
                        contributions, Years of Service before a period of
                        1-Year Break in Service will not be taken into account
                        if the number of consecutive 1-Year Breaks in Service
                        equal or exceed the greater of (A) five (5) or (B) the
                        aggregate number of pre-break Years of Service. Such
                        aggregate number of Years of Service will not include
                        any Years of Service disregarded under the preceding
                        sentence by reason of prior 1-Year Breaks in Service.

                                       18
<PAGE>

                                (2)     A Former Participant shall participate
                        in the Plan as of the date of reemployment.

                        (c)     After a Former Participant who has severed
                employment with the Employer incurs five (5) consecutive 1-Year
                Breaks in Service, the Vested portion of said Former
                Participant's Account attributable to pre-break service shall
                not be increased as a result of post-break service. In such
                case, separate accounts will be maintained as follows:

                                (1)     one account for nonforfeitable benefits
                        attributable to pre-break service; and

                                (2)     one account representing the
                        Participant's Employer derived account balance in the
                        Plan attributable to post-break service.

                        (d)     If any Participant becomes a Former Participant
                due to severance of employment with the Employer and is
                reemployed by the Employer before five (5) consecutive 1-Year
                Breaks in Service, and such Former Participant had received a
                distribution of the entire Vested interest prior to
                reemployment, then the forfeited account shall be reinstated
                only if the Former Participant repays the full amount which had
                been distributed. Such repayment must be made before the earlier
                of five (5) years after the first date on which the Participant
                is subsequently reemployed by the Employer or the close of the
                first period of five (5) consecutive 1 -Year Breaks in Service
                commencing after the distribution. If a distribution occurs for
                any reason other than a severance of employment, the time for
                repayment may not end earlier than five (5) years after the date
                of distribution. In the event the Former Participant does repay
                the full amount distributed, the undistributed forfeited portion
                of the Participant's Account must be restored in full,
                unadjusted by any gains or losses occurring subsequent to the
                Valuation Date preceding the distribution. The source for such
                reinstatement may be Forfeitures occurring during the Plan Year.
                If such source is insufficient, then the Employer will
                contribute an amount which is sufficient to restore any such
                forfeited Accounts provided, however, that if a discretionary
                contribution is made for such year pursuant to Section 4.1(c),
                such contribution will first be applied to restore any such
                Accounts and the remainder shall be allocated in accordance with
                Section 4.4.

                If a non-Vested Former Participant was deemed to have received a
distribution and such Former Participant is reemployed by the Employer before
five (5) consecutive 1-Year Breaks in Service, then such Participant will be
deemed to have repaid the deemed distribution as of the date of reemployment.

        3.8     ELECTION NOT TO PARTICIPATE

                An Employee, for Plan Years beginning on or after the later of
the adoption date or effective date of this amendment and restatement, may,
subject to the approval of the Employer, elect voluntarily not to participate in
the Plan. The election not to participate must be

                                       19
<PAGE>

irrevocable and communicated to the Employer, in writing, within a reasonable
period of time before the beginning of the first Plan Year.

                                   ARTICLE IV

                           CONTRIBUTION AND ALLOCATION

        4.1     FORMULA FOR DETERMINING EMPLOYER CONTRIBUTION

                For each Plan Year, the Employer shall contribute to the Plan:

                        (a)     The amount of the total salary reduction
                elections of all Participants made pursuant to Section 4.2(a),
                which amount shall be deemed an Employer Elective Contribution.

                        (b)     On behalf of each Participant who is eligible to
                share in matching contributions for the Plan Year, a
                discretionary matching contribution equal to a uniform
                percentage of each such Participant's Deferred Compensation, the
                exact percentage, if any, to be determined each year by the
                Employer, which amount, if any, shall be deemed an Employer
                Non-Elective Contribution.

                        (c)     An amount equal to 3% of each Participant's
                Compensation plus 3% of each Participant's Excess Compensation
                plus a discretionary amount, both of which shall be deemed an
                Employer Non-Elective Contribution.

                        (d)     Additionally, to the extent necessary, the
                Employer shall contribute to the Plan the amount necessary to
                provide the top heavy minimum contribution. All contributions by
                the Employer shall be made in cash or in such property as is
                acceptable to the Trustee.

        4.2     PARTICIPANTS SALARY REDUCTION ELECTION

                        (a)     Each Participant may elect to defer a portion of
                Compensation which would have been received in the Plan Year
                (except for the deferral election) by up to the maximum amount
                which will not cause the Plan to violate the provisions of
                Sections 4.5(a) and 4.9. A deferral election (or modification of
                an earlier election) may not be made with respect to
                Compensation which is currently available on or before the date
                the Participant executed such election. For purposes of this
                Section, Compensation shall be determined prior to any
                reductions made pursuant to Code Sections 125, 132(f)(4) for
                Plan Years beginning after December 31, 2000, 402(e)(3),
                402(h)(l)(B), 403(b) or 457(b), and Employee contributions
                described in Code Section 414(h)(2) that are treated as Employer
                contributions.

                                The amount by which Compensation is reduced
                shall be that Participant's Deferred Compensation and be treated
                as an Employer Elective Contribution and allocated to that
                Participant's Elective Account.

                                       20
<PAGE>

                        (b)     The balance in each Participant's Elective
                Account shall be fully Vested at all times and, except as
                otherwise provided herein, shall not be subject to Forfeiture
                for any reason.

                        (c)     Notwithstanding anything in the Plan to the
                contrary, amounts held in the Participant's Elective Account may
                not be distributable earlier than:

                                (1)     a Participant's separation from service.
                        Total and Permanent Disability, or death;

                                (2)     a Participant's attainment of age 59
                                        1/2;

                                (3)     the termination of the Plan without the
                        existence at the time of Plan termination of another
                        defined contribution plan or the establishment of a
                        successor defined contribution plan by the Employer or
                        an Affiliated Employer within the period ending twelve
                        months after distribution of all assets from the Plan
                        maintained by the Employer. For this purpose, a defined
                        contribution plan does not include an employee stock
                        ownership plan (as defined in Code Section 4975(e)(7) or
                        409), a simplified employee pension plan (as defined in
                        Code Section 408(k)), or a simple individual retirement
                        account plan (as defined in Code Section 408(p));

                                (4)     the date of disposition by the Employer
                        to an entity that is not an Affiliated Employer of
                        substantially all of the assets (within the meaning of
                        Code Section 409(d)(2)) used in a trade or business of
                        such corporation if such corporation continues to
                        maintain this Plan after the disposition with respect to
                        a Participant who continues employment with the
                        corporation acquiring such assets;

                                (5)     the date of disposition by the Employer
                        or an Affiliated Employer who maintains the Plan of its
                        interest in a subsidiary (within the meaning of Code
                        Section 409(d)(3)) to an entity which is not an
                        Affiliated Employer but only with respect to a
                        Participant who continues employment with such
                        subsidiary; or

                                (6)     the proven financial hardship of a
                        Participant, subject to the limitations of Section 6.10.

                        (d)     For each Plan Year, a Participant's Deferred
                Compensation made under this Plan and all other plans, contracts
                or arrangements of the Employer maintaining this Plan shall not
                exceed, during any taxable year of the Participant, the
                limitation imposed by Code Section 402(g), as in effect at the
                beginning of such taxable year. If such dollar limitation is
                exceeded, a Participant will be deemed to have notified the
                Administrator of such excess amount which shall be distributed
                in a manner consistent with Section 4.2(f). The dollar
                limitation shall be adjusted annually pursuant to the method
                provided in Code Section 415(d) in accordance with Regulations.

                                       21
<PAGE>

                        (e)     In the event a Participant has received a
                hardship distribution from the Participant's Elective Account
                pursuant to Section 6.10(b) or pursuant to Regulation
                1.401(k)-l(d)(2)(iv)(B) from any other plan maintained by the
                Employer, then such Participant shall be permitted to continue
                to elect to have Deferred Compensation contributed to the Plan.

                        (f)     If a Participant's Deferred Compensation under
                this Plan together with any elective deferrals (as defined in
                Regulation 1.402(g)-1 (b)) under another qualified cash or
                deferred arrangement (as described in Code Section 401(k)), a
                simplified employee pension (as described in Code Section
                408(k)(6)), a simple individual retirement account plan (as
                described in Code Section 408(p)), a salary reduction
                arrangement (within the meaning of Code Section 3121(a)(5)(D)),
                a deferred compensation plan under Code Section 457(b), or a
                trust described in Code Section 501(c)(18) cumulatively exceed
                the limitation imposed by Code Section 402(g) (as adjusted
                annually in accordance with the method provided in Code Section
                415(d) pursuant to Regulations) for such Participant's taxable
                year, the Participant may not later than March 1 following the
                close of the Participant's taxable year, notify the
                Administrator in writing of such excess and request that the
                Participant's Deferred Compensation under this Plan be reduced
                by an amount specified by the Participant. In such event, the
                Administrator may direct the Trustee to distribute such excess
                amount (and any Income allocable to such excess amount) to the
                Participant not later than the first April 15th following the
                close of the Participant's taxable year. Any distribution of
                less than the entire amount of Excess Deferred Compensation and
                Income shall be treated as a pro rata distribution of Excess
                Deferred Compensation and Income. The amount distributed shall
                not exceed the Participant's Deferred Compensation under the
                Plan for the taxable year (and any Income allocable to such
                excess amount). Any distribution on or before the last day of
                the Participant's taxable year must satisfy each of the
                following conditions:

                                (1)     the distribution must be made after the
                        date on which the Plan received the Excess Deferred
                        Compensation;

                                (2)     the Participant shall designate the
                        distribution as Excess Deferred Compensation; and

                                (3)     the Plan must designate the distribution
                        as a distribution of Excess Deferred Compensation.

                                Matching contributions which relate to Excess
                Deferred Compensation which is distributed pursuant to this
                Section 4.2(f) shall be forfeited.

                        (g)     Notwithstanding Section 4.2(f) above, a
                Participant's Excess Deferred Compensation shall be reduced, but
                not below zero, by any distribution of Excess Contributions
                pursuant to Section 4.6(a) for the Plan Year beginning with or
                within the taxable year of the Participant.

                                       22
<PAGE>

                        (h)     At Normal Retirement Date, or such other date
                when the Participant shall be entitled to receive benefits, the
                fair market value of the Participant's Elective Account shall be
                used to provide additional benefits to the Participant or the
                Participant's Beneficiary.

                        (i)     Employer Elective Contributions made pursuant to
                this Section may be segregated into a separate account for each
                Participant in a federally insured savings account, certificate
                of deposit in a bank or savings and loan association, money
                market certificate, or other short-term debt security acceptable
                to the Trustee until such time as the allocations pursuant to
                Section 4.4 have been made.

                        (j)     The Employer and the Administrator shall
                implement the salary reduction elections provided for herein in
                accordance with the following:

                                (1)     A Participant, must make an initial
                        salary deferral election within a reasonable time, not
                        to exceed thirty (30) days, after entering the Plan
                        pursuant to Section 3.2. If the Participant fails to
                        make an initial salary deferral election within such
                        time, then such Participant may thereafter make an
                        election in accordance with the rules governing
                        modifications. The Participant shall make such an
                        election by entering into a written salary reduction
                        agreement with the Employer and filing such agreement
                        with the Administrator. Such election shall initially be
                        effective beginning with the pay period following the
                        acceptance of the salary reduction agreement by the
                        Administrator, shall not have retroactive effect and
                        shall remain in force until revoked.

                                (2)     A Participant may modify a prior
                        election during the Plan Year and concurrently make a
                        new election by filing a written notice with the
                        Administrator within a reasonable time before the pay
                        period for which such modification is to be effective.
                        However, modifications to a salary deferral election
                        shall only be permitted quarterly, during election
                        periods established by the Administrator prior to the
                        first day of each Plan Year quarter. Any modification
                        shall not have retroactive effect and shall remain in
                        force until revoked.

                                (3)     A Participant may elect to prospectively
                        revoke the Participant's salary reduction agreement in
                        its entirety at any time during the Plan Year by
                        providing the Administrator with thirty (30) days
                        written notice of such revocation (or upon such shorter
                        notice period as may be acceptable to the
                        Administrator). Such revocation shall become effective
                        as of the beginning of the first pay period coincident
                        with or next following the expiration of the notice
                        period. Furthermore, the termination of the
                        Participant's employment, or the cessation of
                        participation for any reason, shall be deemed to revoke
                        any salary reduction agreement then in effect, effective
                        immediately following the close of the pay period within
                        which such termination or cessation occurs.

                                       23
<PAGE>

        4.3     TIME OF PAYMENT OF EMPLOYER CONTRIBUTION

                The Employer may make its contribution to the Plan for a
particular Plan Year at such time as the Employer, in its sole discretion,
determines. If the Employer makes a contribution for a particular Plan Year
after the close of that Plan Year, the Employer will designate to the Trustee
the Plan Year for which the Employer is making its contribution.

        4.4     ALLOCATION OF CONTRIBUTION, FORFEITURES AND EARNINGS

                        (a)     The Administrator shall establish and maintain
                an account in the name of each Participant to which the
                Administrator shall credit as of each Anniversary Date, or other
                Valuation Date, all amounts allocated to each such Participant
                as set forth herein.

                        (b)     The Employer shall provide the Administrator
                with all information required by the Administrator to make a
                proper allocation of the Employer contributions for each Plan
                Year. Within a reasonable period of time after the date of
                receipt by the Administrator of such information, the
                Administrator shall allocate such contribution as follows:

                                (1)     With respect to the Employer Elective
                        Contribution made pursuant to Section 4.1 (a), to each
                        Participant's Elective Account in an amount equal to
                        each such Participant's Deferred Compensation for the
                        year.

                                (2)     With respect to the Employer
                        Non-Elective Contribution made pursuant to Section
                        4.1(b), to each Participant's Account in accordance with
                        Section 4.1(b).

                        Any Participant actively employed during the Plan Year
                        shall be eligible to share in the matching contribution
                        for the Plan Year.

                                (3)     With respect to the Employer
                        Non-Elective Contribution made pursuant to Section
                        4.1(c), in the following manner:

                                        (i)     A dollar amount equal to 4.3% of
                                the sum of each Participant's total Compensation
                                plus Excess Compensation shall be allocated to
                                each Participant's Account. If the Employer does
                                not contribute such amount for all Participants,
                                each Participant will be allocated a share of
                                the contribution in the same proportion that the
                                Participant's total Compensation plus the
                                Participant's total Excess Compensation for the
                                Plan Year bears to the total Compensation plus
                                the total Excess Compensation of all
                                Participants for that year.

                                        (ii)    The balance of the Employer
                                Non-Elective Contribution over the amount
                                allocated above, if any, shall be allocated to
                                each Participant's Account in the same
                                proportion that

                                       24
<PAGE>

                                the Participant's total Compensation for the
                                Plan Year bears to the total Compensation of all
                                Participants for such year.

                                     No other qualified plan or simplified
                                employee pension, as defined in Code Section
                                408(k), maintained by the Employer shall (A)
                                impute disparity pursuant to Regulation
                                1.401(a)(4)-7 for any Participant and (B)
                                provide for permitted disparity pursuant to Code
                                Section 401(1).

                                      Additionally, for Plan Years beginning
                                after December 31, 1994, the cumulative
                                permitted disparity limit for a Participant is
                                thirty-five (35) total cumulative permitted
                                disparity years. Total cumulative permitted
                                disparity years means the number of years
                                credited to the Participant for allocation or
                                accrual purposes under this Plan, any other
                                qualified plan or simplified employee pension
                                plan (whether or not terminated) ever maintained
                                by the Employer. For purposes of determining the
                                Participant's cumulative permitted disparity
                                limit, all years ending in the same calendar
                                year are treated as the same year. If the
                                Participant has not benefited under a defined
                                benefit or target benefit plan for any year
                                beginning after December 31, 1993, then such
                                Participant has no cumulative disparity limit.

                                      Notwithstanding the preceding paragraphs,
                                any Participant whose cumulative permitted
                                disparity limit would exceed thirty-five (35)
                                will receive the allocation above by
                                substituting total Compensation for Excess
                                Compensation.

                                      Any Participant actively employed during
                                the Plan Year shall be eligible to share in the
                                discretionary contribution for the year.

                        (c)     On or before each Anniversary Date any amounts
                which became Forfeitures since the last Anniversary Date may be
                made available to reinstate previously forfeited account
                balances of Former Participants, if any, in accordance with
                Section 3.7(d), be used to satisfy any contribution that may be
                required pursuant to Section 3.5 and/or 6.9, or be used to pay
                any administrative expenses of the Plan. The remaining
                Forfeitures, if any, shall be allocated to Participants'
                Accounts in the following manner:

                                (1)     Forfeitures attributable to Employer
                        matching contributions made pursuant to Section 4.1(b)
                        shall be allocated among the Participants' Accounts in
                        the same proportion that each such Participant's
                        Compensation for the year bears to the total
                        Compensation of all Participants for the year.

                                       25
<PAGE>

                                        Except, however, Participants who are
                        not eligible to share in matching contributions (whether
                        or not a deferral election was made or suspended
                        pursuant to Section 4.2(e)) for a Plan Year shall not
                        share in Plan Forfeitures attributable to Employer
                        matching contributions for that year.

                                (2)     Forfeitures attributable to Employer
                        discretionary contributions made pursuant to Section
                        4.1(c) shall be allocated among the Participants'
                        Accounts of Participants otherwise eligible to share in
                        the allocation of discretionary contributions for the
                        year in the same proportion that each such Participant's
                        Compensation for the year bears to the total
                        Compensation of all such Participants for the year.

                                        Provided, however, that in the event the
                        allocation of Forfeitures provided herein shall cause
                        the "annual addition" (as defined in Section 4.9) to any
                        Participant's Account to exceed the amount allowable by
                        the Code, the excess shall be reallocated in accordance
                        with Section 4.10.

                        (d)     For any Top Heavy Plan Year, Non-Key Employees
                not otherwise eligible to share in the allocation of
                contributions and Forfeitures as provided above, shall receive
                the minimum allocation provided for in Section 4.4(g) if
                eligible pursuant to the provisions of Section 4.4(i).

                        (e)     Notwithstanding the foregoing, Participants who
                are not actively employed on the last day of the Plan Year due
                to Retirement (Early, Normal or Late), Total and Permanent
                Disability or death shall share in the allocation of
                contributions and Forfeitures for that Plan Year.

                        (f)     As of each Valuation Date, any earnings or
                losses (net appreciation or net depreciation) of the Trust Fund
                shall be allocated in the same proportion that each
                Participant's and Former Participant's time weighted average
                nonsegregated accounts bear to the total of all Participants'
                and Former Participants' time weighted average nonsegregated
                accounts as of such date. Earnings or losses with respect to a
                Participant's Directed Account shall be allocated in accordance
                with Section 4.12.

                                Participants' transfers from other qualified
                plans deposited in the general Trust Fund shall share in any
                earnings and losses (net appreciation or net depreciation) of
                the Trust Fund in the same manner provided above. Each
                segregated account maintained on behalf of a Participant shall
                be credited or charged with its separate earnings and losses.

                        (g)     Minimum Allocations Required for Top Heavy Plan
                Years: Notwithstanding the foregoing, for any Top Heavy Plan
                Year, the sum of the Employer contributions and Forfeitures
                allocated to the Participant's Combined Account of each Non-Key
                Employee shall be equal to at least three percent (3%)

                                       26
<PAGE>

                of such Non-Key Employee's "415 Compensation" (reduced by
                contributions and forfeitures, if any, allocated to each Non-Key
                Employee in any defined contribution plan included with this
                Plan in a Required Aggregation Group).

                However, if (1) the sum of the Employer contributions and
                Forfeitures allocated to the Participant's Combined Account of
                each Key Employee for such Top Heavy Plan Year is less than
                three percent (3%) of each Key Employee's "415 Compensation" and
                (2) this Plan is not required to be included in an Aggregation
                Group to enable a defined benefit plan to meet the requirements
                of Code Section 401(a)(4) or 410, the sum of the Employer
                contributions and Forfeitures allocated to the Participant's
                Combined Account of each Non-Key Employee shall be equal to the
                largest percentage allocated to the Participant's Combined
                Account of any Key Employee. However, in determining whether a
                Non-Key Employee has received the required minimum allocation,
                such Non-Key Employee's Deferred Compensation and matching
                contributions needed to satisfy the "Actual Contribution
                Percentage" tests pursuant to Section 4.7(a) shall not be taken
                into account.

                                However, no such minimum allocation shall be
                required in this Plan for any Non-Key Employee who participates
                in another defined contribution plan subject to Code Section 412
                included with this Plan in a Required Aggregation Group.

                        (h)     For purposes of the minimum allocations set
                forth above, the percentage allocated to the Participant's
                Combined Account of any Key Employee shall be equal to the ratio
                of the sum of the Employer contributions and Forfeitures
                allocated on behalf of such Key Employee divided by the "415
                Compensation" for such Key Employee.

                        (i)     For any Top Heavy Plan Year, the minimum
                allocations set forth above shall be allocated to the
                Participant's Combined Account of all Non-Key Employees who are
                Participants and who are employed by the Employer on the last
                day of the Plan Year, including Non-Key Employees who have (1)
                failed to complete a Year of Service; and (2) declined to make
                mandatory contributions (if required) or, in the case of a cash
                or deferred arrangement, elective contributions to the Plan.

                        (j)     For the purposes of this Section, "415
                Compensation" in excess of $150,000 (or such other amount
                provided in the Code) shall be disregarded. Such amount shall be
                adjusted for increases in the cost of living in accordance with
                Code Section 401(a)(17)(B), except that the dollar increase in
                effect on January 1 of any calendar year shall be effective for
                the Plan Year beginning with or within such calendar year. If
                "415 Compensation" for any prior determination period is taken
                into account in determining a Participant's minimum benefit for
                the current Plan Year, the "415 Compensation" for such
                determination period is subject to the applicable annual "415
                Compensation" limit in effect for that prior period. For this
                purpose, in determining the minimum benefit in Plan Years
                beginning on or

                                       27
<PAGE>

                after January 1, 1989, the annual "415 Compensation" limit in
                effect for determination periods beginning before that date is
                $200,000 (or such other amount as adjusted for increases in the
                cost of living in accordance with Code Section 415(d) for
                determination periods beginning on or after January 1, 1989, and
                in accordance with Code Section 401(a)(17)(B) for determination
                periods beginning on or after January 1. 1994). For
                determination periods beginning prior to January 1, 1989, the
                $200,000 limit shall apply only for Top Heavy Plan Years and
                shall not be adjusted. For any short Plan Year the "415
                Compensation" limit shall be an amount equal to the "415
                Compensation" limit for the calendar year in which the Plan Year
                begins multiplied by the ratio obtained by dividing the number
                of full months in the short Plan Year by twelve (12).

                        (k)     Notwithstanding anything herein to the contrary,
                Participants who terminated employment for any reason during the
                Plan Year shall share in the salary reduction contributions made
                by the Employer for the year of termination without regard to
                the Hours of Service credited.

                        (l)     Notwithstanding anything in this Section to the
                contrary, all information necessary to properly reflect a given
                transaction may not be available until after the date specified
                herein for processing such transaction, in which case the
                transaction will be reflected when such information is received
                and processed. Subject to express limits that may be imposed
                under the Code, the processing of any contribution, distribution
                or other transaction may be delayed for any legitimate business
                reason (including, but not limited to, failure of systems or
                computer programs, failure of the means of the transmission of
                data, force majeure, the failure of a service provider to timely
                receive values or prices, and the correction for errors or
                omissions or the errors or omissions of any service provider).
                The processing date of a transaction will be binding for all
                purposes of the Plan.

                        (m)     Notwithstanding anything to the contrary, if
                this is a Plan that would otherwise fail to meet the
                requirements of Code Section 410(b)(l) and the Regulations
                thereunder because Employer contributions would not be allocated
                to a sufficient number or percentage of Participants for a Plan
                Year, then the following rules shall apply:

                                (1)     The group of Participants eligible to
                        share in the Employer's contribution and Forfeitures for
                        the Plan Year shall be expanded to include the minimum
                        number of Participants who would not otherwise be
                        eligible as are necessary to satisfy the applicable test
                        specified above. The specific Participants who shall
                        become eligible under the terms of this paragraph shall
                        be those who have not separated from service prior to
                        the last day of the Plan Year and have completed the
                        greatest number of Hours of Service in the Plan Year.

                                (2)     If after application of paragraph (1)
                        above, the applicable test is still not satisfied, then
                        the group of Participants eligible to share in

                                       28
<PAGE>

                        the Employer's contribution and Forfeitures for the Plan
                        Year shall be further expanded to include the minimum
                        number of Participants who have separated from service
                        prior to the last day of the Plan Year as are necessary
                        to satisfy the applicable test. The specific
                        Participants who shall become eligible to share shall be
                        those Participants who have completed the greatest
                        number of Hours of Service in the Plan Year before
                        terminating employment.

                                (3)     Nothing in this Section shall permit the
                        reduction of a Participant's accrued benefit. Therefore
                        any amounts that have previously been allocated to
                        Participants may not be reallocated to satisfy these
                        requirements. In such event, the Employer shall make an
                        additional contribution equal to the amount such
                        affected Participants would have received had they been
                        included in the allocations, even if it exceeds the
                        amount which would be deductible under Code Section 404.
                        Any adjustment to the allocations pursuant to this
                        paragraph shall be considered a retroactive amendment
                        adopted by the last day of the Plan Year.

        4.5     ACTUAL DEFERRAL PERCENTAGE TESTS

                        (a)     Maximum Annual Allocation: For each Plan Year
                beginning after December 31, 1996, the annual allocation derived
                from Employer Elective Contributions to a Highly Compensated
                Participant's Elective Account shall satisfy one of the
                following tests:

                                (1)     The "Actual Deferral Percentage" for the
                        Highly Compensated Participant group shall not be more
                        than the "Actual Deferral Percentage" of the Non-Highly
                        Compensated Participant group (for the preceding Plan
                        Year if the prior year testing method is used to
                        calculate the "Actual Deferral Percentage" for the
                        Non-Highly Compensated Participant group) multiplied by
                        1.25, or

                                (2)     The excess of the "Actual Deferral
                        Percentage" for the Highly Compensated Participant group
                        over the "Actual Deferral Percentage" for the Non-Highly
                        Compensated Participant group (for the preceding Plan
                        Year if the prior year testing method is used to
                        calculate the "Actual Deferral Percentage" for the
                        Non-Highly Compensated Participant group) shall not be
                        more than two percentage points. Additionally, the
                        "Actual Deferral Percentage" for the Highly Compensated
                        Participant group shall not exceed the "Actual Deferral
                        Percentage" for the Non-Highly Compensated Participant
                        group (for the preceding Plan Year if the prior year
                        testing method is used to calculate the "Actual Deferral
                        Percentage" for the Non-Highly Compensated Participant
                        group) multiplied by 2. The provisions of Code Section

                                       29
<PAGE>

                        401(k)(3) and Regulation l.401(k)-l(b) are incorporated
                        herein by reference.

                        However, in order to prevent the multiple use of the
                        alternative method described in (2) above and in Code
                        Section 401(m)(9)(A), any Highly Compensated Participant
                        eligible to make elective deferrals pursuant to Section
                        4.2 and to make Employee contributions or to receive
                        matching contributions under this Plan or under any
                        other plan maintained by the Employer or an Affiliated
                        Employer shall have a combination of such Participant's
                        Elective Contributions and Employer matching
                        contributions reduced pursuant to Section 4.6(a) and
                        Regulation 1.401(m)-2, the provisions of which are
                        incorporated herein by reference.

                        (b)     For the purposes of this Section "Actual
                Deferral Percentage" means, with respect to the Highly
                Compensated Participant group and Non-Highly Compensated
                Participant group for a Plan Year, the average of the ratios,
                calculated separately for each Participant in such group, of the
                amount of Employer Elective Contributions allocated to each
                Participant's Elective Account for such Plan Year, to such
                Participant's "414(s) Compensation" for such Plan Year. The
                actual deferral ratio for each Participant and the "Actual
                Deferral Percentage" for each group shall be calculated to the
                nearest one-hundredth of one percent. Employer Elective
                Contributions allocated to each Non-Highly Compensated
                Participant's Elective Account shall be reduced by Excess
                Deferred Compensation to the extent such excess amounts are made
                under this Plan or any other plan maintained by the Employer.

                                Notwithstanding the above, if the prior year
                test method is used to calculate the "Actual Deferral
                Percentage" for the Non-Highly Compensated Participant group for
                the first Plan Year of this amendment and restatement, the
                "Actual Deferral Percentage" for the Non-Highly Compensated
                Participant group for the preceding Plan Year shall be
                calculated pursuant to the provisions of the Plan then in
                effect.

                        (c)     For the purposes of Sections 4.5(a) and 4.6, a
                Highly Compensated Participant and a Non-Highly Compensated
                Participant shall include any Employee eligible to make a
                deferral election pursuant to Section 4.2, whether or not such
                deferral election was made or suspended pursuant to Section 4.2.

                                Notwithstanding the above, if the prior year
                testing method is used to calculate the "Actual Deferral
                Percentage" for the Non-Highly Compensated Participant group for
                the first Plan Year of this amendment and restatement, for
                purposes of Section 4.5(a) and 4.6, a Non-Highly Compensated
                Participant shall include any such Employee eligible to make a
                deferral election, whether or not such deferral election was
                made or suspended, pursuant to the provisions of the Plan in
                effect for the preceding Plan Year.

                                       30
<PAGE>

                        (d)     For the purposes of this Section and Code
                Sections 401(a)(4), 410(b) and 401(k), if two or more plans
                which include cash or deferred arrangements are considered one
                plan for the purposes of Code Section 401(a)(4) or 410(b) (other
                than Code Section 410(b)(2)(A)(ii)), the cash or deferred
                arrangements included in such plans shall be treated as one
                arrangement. In addition, two or more cash or deferred
                arrangements may be considered as a single arrangement for
                purposes of determining whether or not such arrangements satisfy
                Code Sections 401(a)(4), 410(b) and 401(k). In such a case, the
                cash or deferred arrangements included in such plans and the
                plans including such arrangements shall be treated as one
                arrangement and as one plan for purposes of this Section and
                Code Sections 401(a)(4), 410(b) and 401(k). Any adjustment to
                the Non-Highly Compensated Participant actual deferral ratio for
                the prior year shall be made in accordance with Internal Revenue
                Service Notice 98-1 and any superseding guidance. Plans may be
                aggregated under this paragraph (d) only if they have the same
                plan year. Notwithstanding the above, for Plan Years beginning
                after December 31, 1996, if two or more plans which include cash
                or deferred arrangements are permissively aggregated under
                Regulation 1.410(b)-7(d), all plans permissively aggregated must
                use either the current year testing method or the prior year
                testing method for the testing year.

                                Notwithstanding the above, an employee stock
                ownership plan described in Code Section 4975(e)(7) or 409 may
                not be combined with this Plan for purposes of determining
                whether the employee stock ownership plan or this Plan satisfies
                this Section and Code Sections 401(a)(4), 410(b) and 401(k).

                        (e)     For the purposes of this Section, if a Highly
                Compensated Participant is a Participant under two or more cash
                or deferred arrangements (other than a cash or deferred
                arrangement which is part of an employee stock ownership plan as
                defined in Code Section 4975(e)(7) or 409) of the Employer or an
                Affiliated Employer, all such cash or deferred arrangements
                shall be treated as one cash or deferred arrangement for the
                purpose of determining the actual deferral ratio with respect to
                such Highly Compensated Participant. However, if the cash or
                deferred arrangements have different plan years, this paragraph
                shall be applied by treating all cash or deferred arrangements
                ending with or within the same calendar year as a single
                arrangement.

                        (f)     For the purpose of this Section, for Plan Years
                beginning after December 31, 1996, when calculating the "Actual
                Deferral Percentage" for the Non-Highly Compensated Participant
                group, the current year testing method shall be used. Any change
                from the current year testing method to the prior year testing
                method shall be made pursuant to Internal Revenue Service Notice
                98-1, Section VII (or superseding guidance), the provisions of
                which are incorporated herein by reference.

                        (g)     Notwithstanding anything in this Section to the
                contrary, the provisions of this Section and Section 4.6 may be
                applied separately (or will be applied separately to the extent
                required by Regulations) to each plan within the

                                       31
<PAGE>

                meaning of Regulation 1.401(k)-l(g)(l1). Furthermore, for Plan
                Years beginning after December 31. 1998, the provisions of Code
                Section 401(k)(3)(F) may be used to exclude from consideration
                all Non-Highly Compensated Employees who have not satisfied the
                minimum age and service requirements of Code Section
                410(a)(1)(A).

        4.6     ADJUSTMENT TO ACTUAL DEFERRAL PERCENTAGE TESTS

                In the event (or if it is anticipated) that the initial
allocations of the Employer Elective Contributions made pursuant to Section 4.4
do (or might) not satisfy one of the tests set forth in Section 4.5(a) for Plan
Years beginning after December 31, 1996, the Administrator shall adjust Excess
Contributions pursuant to the options set forth below:

                        (a)     On or before the fifteenth day of the third
                month following the end of each Plan Year, but in no event later
                than the close of the following Plan Year, the Highly
                Compensated Participant having the largest dollar amount of
                Elective Contributions shall have a portion of such
                Participant's Elective Contributions distributed until the total
                amount of Excess Contributions has been distributed, or until
                the amount of such Participant's Elective Contributions equals
                the Elective Contributions of the Highly Compensated Participant
                having the second largest dollar amount of Elective
                Contributions. This process shall continue until the total
                amount of Excess Contributions has been distributed. In
                determining the amount of Excess Contributions to be distributed
                with respect to an affected Highly Compensated Participant as
                determined herein, such amount shall be reduced pursuant to
                Section 4.2(f) by any Excess Deferred Compensation previously
                distributed to such affected Highly Compensated Participant for
                such Participant's taxable year ending with or within such Plan
                Year.

                                (1)     With respect to the distribution of
                        Excess Contributions pursuant to (a) above, such
                        distribution:

                                        (i)     may be postponed but not later
                                than the close of the Plan Year following the
                                Plan Year to which they are allocable;

                                       (ii)     shall be adjusted for Income;
                                and

                                       (iii)    shall be designated by the
                                Employer as a distribution of Excess
                                Contributions (and Income).

                                (2)     Any distribution of less than the entire
                        amount of Excess Contributions shall be treated as a pro
                        rata distribution of Excess Contributions and Income.

                                (3)     Matching contributions which relate to
                        Excess Contributions shall be forfeited unless the
                        related matching contribution is distributed as an
                        Excess Aggregate Contribution pursuant to Section 4.8.

                                       32
<PAGE>

                        (b)     Notwithstanding the above, within twelve (12)
                months after the end of the Plan Year, the Employer may make a
                special Qualified Non-Elective Contribution in accordance with
                one of the following provisions which contribution shall be
                allocated to the Participant's Elective Account of each
                Non-Highly Compensated Participant eligible to share in the
                allocation in accordance with such provision. The Employer shall
                provide the Administrator with written notification of the
                amount of the contribution being made and for which provision it
                is being made pursuant to:

                                (1)     A special Qualified Non-Elective
                        Contribution may be made on behalf of Non-Highly
                        Compensated Participants in an amount sufficient to
                        satisfy (or to prevent an anticipated failure of) one of
                        the tests set forth in Section 4.5(a). Such contribution
                        shall be allocated in the same proportion that each
                        Non-Highly Compensated Participant's 414(s) Compensated
                        for the year (or prior year if the prior year testing
                        method is being used) bears to the total 414(s)
                        Compensation of all Non-Highly Compensated Participants
                        for such year.

                                (2)     A special Qualified Non-Elective
                        Contribution may be made on behalf of Non-Highly
                        Compensated Participants in an amount sufficient to
                        satisfy (or to prevent an anticipated failure of) one of
                        the tests set forth in Section 4.5(a). Such contribution
                        shall be allocated in the same proportion that each
                        Non-Highly Compensated Participant electing salary
                        reductions pursuant to Section 4.2 in the same
                        proportion that each such Non-Highly Compensated
                        Participant's Deferred Compensation for the year (or at
                        the end of the prior Plan Year if the prior year testing
                        method is being used) bears to the total Deferred
                        Compensation of all such Non-Highly Compensated
                        Participants for such year.

                                (3)     A special Qualified Non-Elective
                        Contribution may be made on behalf of Non-Highly
                        Compensated Participants in an amount sufficient to
                        satisfy (or to prevent an anticipated failure of) one of
                        the tests set forth in Section 4.5(a). Such contribution
                        shall be allocated in equal amounts (per capita).

                                (4)     A special Qualified Non-Elective
                        Contribution may be made on behalf of Non-Highly
                        Compensated Participants electing salary reductions
                        pursuant to Section 4.2 in an amount sufficient to
                        satisfy (or to prevent an anticipated failure of) one of
                        the tests set forth in Section 4.5(a). Such contribution
                        shall be allocated for the year (or at the end of the
                        prior Plan Year if the prior year testing method is
                        used) to each Non-Highly Compensated Participant
                        electing salary reductions pursuant to Section 4.2 in
                        equal amounts (per capita).

                                (5)     A special Qualified Non-Elective
                        Contribution may be made on behalf of Non-Highly
                        Compensated Participants in an amount sufficient to
                        satisfy (or to prevent an anticipated failure of) one of
                        the tests

                                       33
<PAGE>

                        set forth in Section 4.5(a). Such contribution shall be
                        allocated to the Non-Highly Compensated Participant
                        having the lowest 414(s) Compensation, until one of the
                        tests set forth in Section 4.5(a) is satisfied (or is
                        anticipated to be satisfied), or until such Non-Highly
                        Compensated Participant has received the maximum "annual
                        addition" pursuant to Section 4.9. This process shall
                        continue until one of the tests set forth in Section
                        4.5(a) is satisfied (or is anticipated to be satisfied).

                                Notwithstanding the above, at the Employer's
                        discretion, Non-Highly Compensated Participants who are
                        not employed at the end of the Plan Year (or at the end
                        of the prior Plan Year if the prior year testing method
                        is being used) shall not be eligible to receive a
                        special Qualified Non-Elective Contribution and shall be
                        disregarded.

                                Notwithstanding the above, for Plan Years
                        beginning after December 31. 1998. if the testing method
                        changes from the current year testing method to the
                        prior year testing method, then for purposes of
                        preventing the double counting of Qualified Non-Elective
                        Contributions for the first testing year for which the
                        change is effective, any special Qualified Non-Elective
                        Contribution on behalf of Non-Highly Compensated
                        Participants used to satisfy the "Actual Deferral
                        Percentage" or "Actual Contribution Percentage" test
                        under the current year testing method for the prior year
                        testing year shall be disregarded.

                        (c)     If during a Plan Year, it is projected that the
                aggregate amount of Elective Contributions to be allocated to
                all Highly Compensated Participants under this Plan would cause
                the Plan to fail the tests set forth in Section 4.5(a), then the
                Administrator may automatically reduce the deferral amount of
                affected Highly Compensated Participants, beginning with the
                Highly Compensated Participant who has the highest deferral
                ratio until it is anticipated the Plan will pass the tests or
                until the actual deferral ratio equals the actual deferral ratio
                of the Highly Compensated Participant having the next highest
                actual deferral ratio. This process may continue until it is
                anticipated that the Plan will satisfy one of the tests set
                forth in Section 4.5(a). Alternatively, the Employer may specify
                a maximum percentage of Compensation that may be deferred.

                        (d)     Any Excess Contributions (and Income) which are
                distributed on or after 2 1/2 months after the end of the Plan
                Year shall be subject to the ten percent (10%) Employer excise
                tax imposed by Code Section 4979.

        4.7     ACTUAL CONTRIBUTION PERCENTAGE TESTS

                        (a)     The "Actual Contribution Percentage" for Plan
                Years beginning after December 31, 1996 for the Highly
                Compensated Participant group shall not exceed the greater of:

                                       34
<PAGE>

                                (1)     125 percent of such percentage for the
                        Non-Highly Compensated Participant group (for the
                        preceding Plan Year if the prior year testing method is
                        used to calculate the "Actual Contribution Percentage"
                        for the Non-Highly Compensated Participant group); or

                                (2)     the lesser of 200 percent of such
                        percentage for the Non-Highly Compensated Participant
                        group (for the preceding Plan Year if the prior year
                        testing method is used to calculate the "Actual
                        Contribution Percentage" for the Non-Highly Compensated
                        Participant group), or such percentage for the
                        Non-Highly Compensated Participant group (for the
                        preceding Plan Year if the prior year testing method is
                        used to calculate the "Actual Contribution Percentage"
                        for the Non-Highly Compensated Participant group) plus 2
                        percentage points. However, to prevent the multiple use
                        of the alternative method described in this paragraph
                        and Code Section 401(m)(9)(A), any Highly Compensated
                        Participant eligible to make elective deferrals pursuant
                        to Section 4.2 or any other cash or deferred arrangement
                        maintained by the Employer or an Affiliated Employer and
                        to make Employee contributions or to receive matching
                        contributions under this Plan or under any plan
                        maintained by the Employer or an Affiliated Employer
                        shall have a combination of Elective Contributions and
                        Employer matching contributions reduced pursuant to
                        Regulation 1.401(m)-2 and Section 4.8(a). The provisions
                        of Code Section 401(m) and Regulations 1.401(m)-l(b) and
                        1.401(m)-2 are incorporated herein by reference.

                        (b)     For the purposes of this Section and Section
                4.8, "Actual Contribution Percentage" for a Plan Year means,
                with respect to the Highly Compensated Participant group and
                Non-Highly Compensated Participant group (for the preceding Plan
                Year if the prior year testing method is used to calculate the
                "Actual Contribution Percentage" for the Non-Highly Compensated
                Participant group), the average of the ratios (calculated
                separately for each Participant in each group and rounded to the
                nearest one-hundredth of one percent) of:

                                (1)     the sum of Employer matching
                        contributions made pursuant to Section 4.1(b) on behalf
                        of each such Participant for such Plan Year; to

                                (2)     the Participant's "414(s) Compensation"
                        for such Plan Year.

                                Notwithstanding the above, if the prior year
                testing method is" used to calculate the "Actual Contribution
                Percentage" for the Non-Highly Compensated Participant group for
                the first Plan Year of this amendment and restatement, for
                purposes of Section 4.7(a), the "Actual Contribution Percentage"
                for the Non-Highly Compensated Participant group for the
                preceding Plan Year shall be determined pursuant to the
                provisions of the Plan then in effect.

                                       35
<PAGE>

                        (c)     For purposes of determining the "Actual
                Contribution Percentage," only Employer matching contributions
                contributed to the Plan prior to the end of the succeeding Plan
                Year shall be considered. In addition, the Administrator may
                elect to take into account, with respect to Employees eligible
                to have Employer matching contributions pursuant to Section
                4.1(b) allocated to their accounts. elective deferrals (as
                defined in Regulation 1.402(g)-l(b)) and qualified non-elective
                contributions (as defined in Code Section 401(m)(4)(C))
                contributed to any plan maintained by the Employer. Such
                elective deferrals and qualified non-elective contributions
                shall be treated as Employer matching contributions subject to
                Regulation 1.401(m)-l(b)(5) which is incorporated herein by
                reference. However, the Plan Year must be the same as the plan
                year of the plan to which the elective deferrals and the
                qualified non-elective contributions are made.

                        (d)     For purposes of this Section and Code Sections
                401(a)(4), 410(b) and 401(m), if two or more plans of the
                Employer to which matching contributions, Employee
                contributions, or both, are made are treated as one plan for
                purposes of Code Sections 401(a)(4) or 410(b) (other than the
                average benefits test under Code Section 410(b)(2)(A)(ii)), such
                plans shall be treated as one plan. In addition, two or more
                plans of the Employer to which matching contributions, Employee
                contributions, or both, are made may be considered as a single
                plan for purposes of determining whether or not such plans
                satisfy Code Sections 401(a)(4), 410(b) and 401(m). In such a
                case, the aggregated plans must satisfy this Section and Code
                Sections 401(a)(4), 410(b) and 401(m) as though such aggregated
                plans were a single plan. Any adjustment to the Non-Highly
                Compensated Participant actual contribution ratio for the prior
                year shall be made in accordance with Internal Revenue Service
                Notice 98-1 and any superseding guidance. Plans may be
                aggregated under this paragraph (d) only if they have the same
                plan year. Notwithstanding the above, for Plan Years beginning
                after December 31, 1996, if two or more plans which include cash
                or deferred arrangements are permissively aggregated under
                Regulation 1.410(b)-7(d), all plans permissively aggregated must
                use either the current year testing method or the prior year
                testing method for the testing year.

                                Notwithstanding the above, an employee stock
                ownership plan described in Code Section 4975(e)(7) or 409 may
                not be aggregated with this Plan for purposes of determining
                whether the employee stock ownership plan or this Plan satisfies
                this Section and Code Sections 401(a)(4), 410(b) and 401(m).

                        (e)     If a Highly Compensated Participant is a
                Participant under two or more plans (other than an employee
                stock ownership plan as defined in Code Section 4975(e)(7) or
                409) which are maintained by the Employer or an Affiliated
                Employer to which matching contributions, Employee
                contributions, or both, are made, all such contributions on
                behalf of such Highly Compensated Participant shall be
                aggregated for purposes of determining such Highly Compensated
                Participant's actual contribution ratio. However, if the plans
                have different plan years, this paragraph shall be applied by
                treating all plans ending with or within the same calendar year
                as a single plan.

                                       36
<PAGE>

                        (f)     For purposes of Sections 4.7(a) and 4.8, a
                Highly Compensated Participant and Non-Highly Compensated
                Participant shall include any Employee eligible to have Employer
                matching contributions (whether or not a deferral election was
                made or suspended) allocated to the Participant's account for
                the Plan Year.

                                Notwithstanding the above, if the prior year
                testing method is used to calculate the "Actual Contribution
                Percentage" for the Non-Highly Compensated Participant group for
                the first Plan Year of this amendment and restatement, for the
                purposes of Section 4.7(a), a Non-Highly Compensated Participant
                shall include any such Employee eligible to have Employer
                matching contributions (whether or not a deferral election was
                made or suspended) allocated to the Participant's account for
                the preceding Plan Year pursuant to the provisions of the Plan
                then in effect.

                        (g)     For the purpose of this Section, for Plan Years
                beginning after December 31, 1996, when calculating the "Actual
                Contribution Percentage" for the Non-Highly Compensated
                Participant group, the current year testing method shall be
                used. Any change from the current year testing method to the
                prior year testing method shall be made pursuant to Internal
                Revenue Service Notice 98-1, Section VII (or superseding
                guidance), the provisions of which are incorporated herein by
                reference.

                        (h)     Notwithstanding anything in this Section to the
                contrary, the provisions of this Section and Section 4.8 may be
                applied separately (or will be applied separately to the extent
                required by Regulations) to each plan within the meaning of
                Regulation 1.401(k)-l(g)(l1). Furthermore, for Plan Years
                beginning after December 31, 1998, the provisions of Code
                Section 401(k)(3)(F) may be used to exclude from consideration
                all Non-Highly Compensated Employees who have not satisfied the
                minimum age and service requirements of Code Section
                401(a)(1)(A).

        4.8     ADJUSTMENT TO ACTUAL CONTRIBUTION PERCENTAGE TESTS

                        (a)     In the event (or if it is anticipated) that, for
                Plan Years beginning after December 31, 1996, the "Actual
                Contribution Percentage" for the Highly- Compensated Participant
                group exceeds (or might exceed) the "Actual Contribution
                Percentage" for the Non-Highly Compensated Participant group
                pursuant to Section 4.7(a), the Administrator (on or before the
                fifteenth day of the third month following the end of the Plan
                Year, but in no event later than the close of the following Plan
                Year) shall direct the Trustee to distribute to the Highly
                Compensated Participant having the largest dollar amount of
                contributions determined pursuant to Section 4.7(b)(l), the
                Vested portion of such contributions (and Income allocable to
                such contributions) and, if forfeitable, forfeit such non-
                Vested contributions attributable to Employer matching
                contributions (and income allocable to such forfeitures) until
                the total amount of Excess Aggregate Contributions has been
                distributed, or until the Participant's remaining amount

                                       37
<PAGE>

                equals the amount of contributions determined pursuant to
                Section 4.7(b)(l) of the Highly Compensated Participant having
                the second largest dollar amount of contributions. This process
                shall continue until the total amount of Excess Aggregate
                Contributions has been distributed.

                                If the correction of Excess Aggregate
                Contributions attributable to Employer matching contributions is
                not in proportion to the Vested and non- Vested portion of such
                contributions, then the Vested portion of the Participant's
                Account attributable to Employer matching contributions after
                the correction shall be subject to Section 6.5(g).

                        (b)     Any distribution and/or forfeiture of less than
                the entire amount of Excess Aggregate Contributions (and Income)
                shall be treated as a pro rata distribution and/or forfeiture of
                Excess Aggregate Contributions and Income. Distribution of
                Excess Aggregate Contributions shall be designated by the
                Employer as a distribution of Excess Aggregate Contributions
                (and Income). Forfeitures of Excess Aggregate Contributions
                shall be treated in accordance with Section 4.4. However, no
                such forfeiture may be allocated to a Highly Compensated
                Participant whose contributions are reduced pursuant to this
                Section.

                        (c)     Excess Aggregate Contributions, including
                forfeited matching contributions, shall be treated as Employer
                contributions for purposes of Code Sections 404 and 415 even if
                distributed from the Plan.

                Forfeited matching contributions that are reallocated to
                Participants' Accounts for the Plan Year in which the forfeiture
                occurs shall be treated as an "annual addition" pursuant to
                Section 4.9(b) for the Participants to whose Accounts they are
                reallocated and for the Participants from whose Accounts they
                are forfeited.

                        (d)     The determination of the amount of Excess
                Aggregate Contributions with respect to any Plan Year shall be
                made after first determining the Excess Contributions, if any,
                to be treated as after-tax voluntary Employee contributions due
                to recharacterization for the plan year of any other qualified
                cash or deferred arrangement (as defined in Code Section 401(k))
                maintained by the Employer that ends with or within the Plan
                Year or which are treated as after-tax voluntary Employee
                contributions due to recharacterization pursuant to Section
                4.6(a).

                        (e)     If during a Plan Year the projected aggregate
                amount of Employer matching contributions to be allocated to all
                Highly Compensated Participants under this Plan would, by virtue
                of the tests set forth in Section 4.7(a), cause the Plan to fail
                such tests, then the Administrator may automatically reduce
                proportionately or in the order provided in Section 4.8(a) each
                affected Highly Compensated Participant's projected share of
                such contributions by an amount necessary to satisfy one of the
                tests set forth in Section 4.7(a).

                                       38
<PAGE>

                        (f)     Notwithstanding the above, within twelve (12)
                months after the end of the Plan Year, the Employer may make a
                special Qualified Non-Elective Contribution in accordance with
                one of the following provisions which contribution shall be
                allocated to the Participant's Account of each Non-Highly
                Compensated eligible to share in the allocation in accordance
                with such provision. The Employer shall provide the
                Administrator with written notification of the amount of the
                contribution being made and for which provision it is being made
                pursuant to:

                                (1)     A special Qualified Non-Elective
                        Contribution may be made on behalf of Non-Highly
                        Compensated Participants in an amount sufficient to
                        satisfy (or to prevent an anticipated failure of) one of
                        the tests set forth in Section 4.7. Such contribution
                        shall be allocated in the same proportion that each
                        Non-Highly Compensated Participant's 414(s) Compensation
                        for the year (or prior year if the prior year testing
                        method is being used) bears to the total 414(s)
                        Compensation of all Non-Highly Compensated Participants
                        for such year.

                                (2)     A special Qualified Non-Elective
                        Contribution may be made on behalf of Non-Highly
                        Compensated Participants in an amount sufficient to
                        satisfy (or to prevent an anticipated failure of) one of
                        the tests set forth in Section 4.7. Such contribution
                        shall be allocated in the same proportion that each
                        Non-Highly Compensated Participant electing salary
                        reductions pursuant to Section 4.2 in the same
                        proportion that each such Non-Highly Compensated
                        Participant's Deferred Compensation for the year (or at
                        the end of the prior Plan Year if the prior year testing
                        method is being used) bears to the total Deferred
                        Compensation of all such Non-Highly Compensated
                        Participants for such year.

                                (3)     A special Qualified Non-Elective
                        Contribution may be made on behalf of Non-Highly
                        Compensated Participants in an amount sufficient to
                        satisfy (or to prevent an anticipated failure of) one of
                        the tests set forth in Section 4.7. Such contribution
                        shall be allocated in equal amounts (per capita).

                                (4)     A special Qualified Non-Elective
                        Contribution may be made on behalf of Non-Highly
                        Compensated Participants electing salary reductions
                        pursuant to Section 4.2 in an amount sufficient to
                        satisfy (or to prevent an anticipated failure of) one of
                        the tests set forth in Section 4.5(a). Such contribution
                        shall be allocated for the year (or at the end of the
                        prior Plan Year if the prior year testing method is
                        used) to each Non-Highly Compensated Participant
                        electing salary reductions pursuant to Section 4.2 in
                        equal amounts (per capita).

                                (5)     A special Qualified Non-Elective
                        Contribution may be made on behalf of Non-Highly
                        Compensated Participants in an amount sufficient to
                        satisfy (or to prevent an anticipated failure of) one of
                        the tests

                                       39
<PAGE>

                        set forth in Section 4.7. Such contribution shall be
                        allocated to the Non-Highly Compensated Participant
                        having the lowest 414(s) Compensation, until one of the
                        tests set forth in Section 4.7 is satisfied (or is
                        anticipated to be satisfied), or until such Non-Highly
                        Compensated Participant has received the maximum "annual
                        addition" pursuant to Section 4.9. This process shall
                        continue until one of the tests set forth in Section 4.7
                        is satisfied (or is anticipated to be satisfied).

                                Notwithstanding the above, at the Employer's
                discretion, Non-Highly Compensated Participants who are not
                employed at the end of the Plan Year (or at the end of the prior
                Plan Year if the prior year testing method is being used) shall
                not be eligible to receive a special Qualified Non-Elective
                Contribution and shall be disregarded.

                                Notwithstanding the above, for Plan Years
                beginning after December 31, 1998, if the testing method changes
                from the current year testing method to the prior year testing
                method, then for purposes of preventing the double counting of
                Qualified Non-Elective Contributions for the first testing year
                for which the change is effective, any special Qualified
                Non-Elective Contribution on behalf of Non-Highly Compensated
                Participants used to satisfy the "Actual Deferral Percentage" or
                "Actual Contribution Percentage" test under the current year
                testing method for the prior year testing year shall be
                disregarded.

                        (g)     Any Excess Aggregate Contributions (and Income)
                which are distributed on or after 2 1/2 months after the end of
                the Plan Year shall be subject to the ten percent (10%) Employer
                excise tax imposed by Code Section 4979.

        4.9     MAXIMUM ANNUAL ADDITIONS

                        (a)     Notwithstanding the foregoing, for "limitation
                years" beginning after December 31, 1994, the maximum "annual
                additions" credited to a Participant's accounts for any
                "limitation year" shall equal the lesser of: (1) $30,000
                adjusted annually as provided in Code Section 415(d) pursuant to
                the Regulations, or (2) twenty-five percent (25%) of the
                Participant's "415 Compensation" for such "limitation year." If
                the Employer contribution that would otherwise be contributed or
                allocated to the Participant's accounts would cause the "annual
                additions" for the "limitation year" to exceed the maximum
                "annual additions," the amount contributed or allocated will be
                reduced so that the "annual additions" for the "limitation year"
                will equal the maximum "annual additions," and any amount in
                excess of the maximum "annual additions," which would have been
                allocated to such Participant may be allocated to other
                Participants. For any short "limitation year," the dollar
                limitation in (1) above shall be reduced by a fraction, the
                numerator of which is the number of full months in the short
                "limitation year" and the denominator of which is twelve (12).

                        (b)     For purposes of applying the limitations of Code
                Section 415, "annual additions" means the sum credited to a
                Participant's accounts for any

                                       40
<PAGE>

                "limitation year" of (1) Employer contributions, (2) Employee
                contributions, (3) forfeitures, (4) amounts allocated, after
                March 31, 1984, to an individual medical account, as defined in
                Code Section 415(1)(2) which is part of a pension or annuity
                plan maintained by the Employer and (5) amounts derived from
                contributions paid or accrued after December 31, 1985, in
                taxable years ending after such date, which are attributable to
                post-retirement medical benefits allocated to the separate
                account of a key employee (as defined in Code Section
                419A(d)(3)) under a welfare benefit plan (as defined in Code
                Section 419(e)) maintained by the Employer. Except, however, the
                "415 Compensation" percentage limitation referred to in
                paragraph (a)(2) above shall not apply to: (1) any contribution
                for medical benefits (within the meaning of Code Section
                419A(f)(2)) after separation from service which is otherwise
                treated as an "annual addition," or (2) any amount otherwise
                treated as an "annual addition" under Code Section 415(1)(1).

                        (c)     For purposes of applying the limitations of Code
                Section 415, the transfer of funds from one qualified plan to
                another is not an "annual addition." In addition, the following
                are not Employee contributions for the purposes of Section
                4.9(b)(2): (1) rollover contributions (as defined in Code
                Sections 402(e)(6), 403(a)(4), 403(b)(8) and 408(d)(3)); (2)
                repayments of loans made to a Participant from the Plan; (3)
                repayments of distributions received by an Employee pursuant to
                Code Section 41l(a)(7)(B) (cash-outs); (4) repayments of
                distributions received by an Employee pursuant to Code Section
                41l(a)(3)(D) (mandatory contributions); and (5) Employee
                contributions to a simplified employee pension excludable from
                gross income under Code Section 408(k)(6).

                        (d)     For purposes of applying the limitations of Code
                Section 415, the "limitation year" shall be the Plan Year.

                        (e)     For the purpose of this Section, all qualified
                defined contribution plans (whether terminated or not) ever
                maintained by the Employer shall be treated as one defined
                contribution plan.

                        (f)     For the purpose of this Section, if the Employer
                is a member of a controlled group of corporations, trades or
                businesses under common control (as defined by Code Section
                1563(a) or Code Section 414(b) and (c) as modified by Code
                Section 415(h)), is a member of an affiliated service group (as
                defined by Code Section 414(m)), or is a member of a group of
                entities required to be aggregated pursuant to Regulations under
                Code Section 414(o), all Employees of such Employers shall be
                considered to be employed by a single Employer,

                        (g)     For the purpose of this Section, if this Plan is
                a Code Section 413(c) plan, each Employer who maintains this
                Plan will be considered to be a separate Employer.

                                       41
<PAGE>

                        (h)

                                (1)     If a Participant participates in more
                        than one defined contribution plan maintained by the
                        Employer which have different Anniversary Dates, the
                        maximum "annual additions" under this Plan shall equal
                        the maximum "annual additions" for the "limitation year"
                        minus any "annual additions" previously credited to such
                        Participant's accounts during the "limitation year."

                                (2)     If a Participant participates in both a
                        defined contribution plan subject to Code Section 412
                        and a defined contribution plan not subject to Code
                        Section 412 maintained by the Employer which have the
                        same Anniversary Date, "annual additions" will be
                        credited to the Participant's accounts under the defined
                        contribution plan subject to Code Section 412 prior to
                        crediting "annual additions" to the Participant's
                        accounts under the defined contribution plan not subject
                        to Code Section 412.

                                (3)     If a Participant participates in more
                        than one defined contribution plan not subject to Code
                        Section 412 maintained by the Employer which have the
                        same Anniversary Date, the maximum "annual additions"
                        under this Plan shall equal the product of (A) the
                        maximum "annual additions" for the "limitation year"
                        minus any "annual additions" previously credited under
                        subparagraphs (1) or (2) above, multiplied by (B) a
                        fraction (i) the numerator of which is the "annual
                        additions" which would be credited to such Participant's
                        accounts under this Plan without regard to the
                        limitations of Code Section 415 and (ii) the denominator
                        of which is such "annual additions" for all plans
                        described in this subparagraph.

                                        (i)     Notwithstanding anything
                                contained in this Section to the contrary, the
                                limitations, adjustments and other requirements
                                prescribed in this Section shall at all times
                                comply with the provisions of Code Section 415
                                and the Regulations thereunder.

        4.10    ADJUSTMENT FOR EXCESSIVE ANNUAL ADDITIONS

                        (a)     If, as a result of the allocation of
                Forfeitures, a reasonable error in estimating a Participant's
                Compensation, a reasonable error in determining the amount, of
                elective deferrals (within the meaning of Code Section
                402(g)(3)) that may be made with respect to any Participant
                under the limits of Section 4.9 or other facts and circumstances
                to which Regulation 1.415-6(b)(6) shall be applicable, the
                "annual additions" under this Plan would cause the maximum
                "annual additions" to be exceeded for any Participant, the
                "excess amount" will be disposed of in one of the following
                manners, as uniformly determined by the Administrator for all
                Participants similarly situated.

                                       42
<PAGE>

                                (1)     Any matched Deferred Compensation and
                        Employer matching contributions which relate to such
                        Deferred Compensation will be proportionately reduced to
                        the extent they would reduce the "excess amount." The
                        Deferred Compensation (and for "limitation years"
                        beginning after December 31, 1995, any gains
                        attributable to such Deferred Compensation) will be
                        distributed to the Participant and the Employer matching
                        contributions (and for "limitation years" beginning
                        after December 31, 1995, any gains attributable to such
                        matching contributions) will be used to reduce the
                        Employer contribution in the next "limitation year";

                                (2)     If, after the application of
                        subparagraph (1) above, an "excess amount" still exists,
                        and the Participant is covered by the Plan at the end of
                        the "limitation year," the "excess amount" will be used
                        to reduce the Employer contribution (including
                        allocation of any Forfeitures) for such Participant in
                        the next "limitation year," and each succeeding
                        "limitation year" if necessary;

                                (3)     If, after the application of
                        subparagraphs (1) and (2) above, an "excess amount"
                        still exists, and the Participant is not covered by the
                        Plan at the end of the "limitation year," the "excess
                        amount" will be held unallocated in a "Section 415
                        suspense account." The "Section 415 suspense account"
                        will be applied to reduce future Employer contributions
                        (including allocation of any Forfeitures) for all
                        remaining Participants in the next "limitation year,"
                        and each succeeding "limitation year" if necessary;

                                (4)     If a "Section 415 suspense account" is
                        in existence at any time during the "limitation year"
                        pursuant to this Section, it will not participate in the
                        allocation of investment gains and losses of the Trust
                        Fund. If a "Section 415 suspense account" is in
                        existence at any time during a particular "limitation
                        year," all amounts in the "Section 415 suspense account"
                        must be allocated and reallocated to Participants'
                        accounts before any Employer contributions or any
                        Employee contributions may be made to the Plan for that
                        "limitation year." Except as provided in (1) above,
                        "excess amounts" may not be distributed to Participants
                        or Former Participants.

                        (b)     For purposes of this Article, "excess amount"
                for any Participant for a "limitation year" shall mean the
                excess, if any, of (1) the "annual additions" which would be
                credited to the Participant's account under the terms of the
                Plan without regard to the limitations of Code Section 415 over
                (2) the maximum "annual additions" determined pursuant to
                Section 4.9.

                        (c)     For purposes of this Section, "Section 415
                suspense account" shall mean an unallocated account equal to the
                sum of "excess amounts" for all Participants in the Plan during
                the "limitation year."

                                       43
<PAGE>

        4.11    ROLLOVERS AND PLAN-TO-PLAN TRANSFERS FROM QUALIFIED PLANS

                        (a)     With the consent of the Administrator, amounts
                may be transferred (within the meaning of Code Section 414(1))
                to this Plan from other tax qualified plans under Code Section
                401(a) by Eligible Employees, provided the trust from which such
                funds are transferred permits the transfer to be made and the
                transfer will not jeopardize the tax exempt status of the Plan
                or Trust or create adverse tax consequences for the Employer.
                Prior to accepting any transfers to which this Section applies,
                the Administrator may require an opinion of counsel that the
                amounts to be transferred meet the requirements of this Section.
                The amounts transferred shall be set up in a separate account
                herein referred to as a Participant's Transfer/Rollover Account.
                Furthermore, for vesting purposes, the Participant's portion of
                the Participant's Transfer/Rollover Account attributable to any
                transfer shall be subject to Section 6.4(b).

                                Except as permitted by Regulations (including
                Regulation 1.41l(d)-4), amounts attributable to elective
                contributions (as defined in Regulation 1.401(k)-l(g)(3)),
                including amounts treated as elective contributions, which are
                transferred from another qualified plan in a plan-to-plan
                transfer (other than a direct rollover) shall be subject to the
                distribution limitations provided for in Regulation
                1.401(k)-l(d).

                        (b)     With the consent of the Administrator, the Plan
                may accept a "rollover" by Eligible Employees, provided the
                "rollover" will not jeopardize the tax exempt status of the Plan
                or create adverse tax consequences for the Employer. Prior to
                accepting any "rollovers" to which this Section applies, the
                Administrator may require the Employee to establish (by
                providing opinion of counsel or otherwise) that the amounts to
                be rolled over to this Plan meet the requirements of this
                Section. The amounts rolled over shall be set up in a separate
                account herein referred to as a "Participant's Transfer/Rollover
                Account." Such account shall be fully Vested at all times and
                shall not be subject to Forfeiture for any reason.

                                For purposes of this Section, the term
                "qualified plan" shall mean any tax qualified plan under Code
                Section 401(a), or, any other plans from which distributions are
                eligible to be rolled over into this Plan pursuant to the Code.
                The term "rollover" means: (i) amounts transferred to this Plan
                directly from another qualified plan; (ii) distributions
                received by an Employee from other "qualified plans" which are
                eligible for tax-free rollover to a "qualified plan" and which
                are transferred by the Employee to this Plan within sixty (60)
                days following receipt thereof; (iii) amounts transferred to
                this Plan from a conduit individual retirement account provided
                that the conduit individual retirement account has no assets
                other than assets which (A) were previously distributed to the
                Employee by another "qualified plan," (B) were eligible for
                tax-free rollover to a "qualified plan" and (C) were deposited
                in such conduit individual retirement account within sixty (60)
                days of receipt thereof; (iv) amounts distributed to the
                Employee from a

                                       44
<PAGE>

                conduit individual retirement account meeting the requirements
                of clause (iii) above, and transferred by the Employee to this
                Plan within sixty (60) days of receipt thereof from such conduit
                individual retirement account; and (v) any other amounts which
                are eligible to be rolled over to this Plan pursuant to the
                Code.

                        (c)     Amounts in a Participant's Transfer/Rollover
                Account shall be held by the Trustee pursuant to the provisions
                of this Plan and may not be withdrawn by, or distributed to the
                Participant, in whole or in part, except as provided in
                paragraph (d) of this Section. The Trustee shall have no duty or
                responsibility to inquire as to the propriety of the amount,
                value or type of assets transferred, nor to conduct any due
                diligence with respect to such assets; provided, however, that
                such assets are otherwise eligible to be held by the Trustee
                under the terms of this Plan.

                        (d)     At such date when the Participant or the
                Participant's Beneficiary shall be entitled to receive benefits,
                the Participant's Transfer/Rollover Account shall be used to
                provide additional benefits to the Participant or the
                Participant's Beneficiary. Any distributions of amounts held in
                a Participant's Transfer/Rollover Account shall be made in a
                manner which is consistent with and satisfies the provisions of
                Section 6.5, including, but not limited to, all notice and
                consent requirements of Code Section 41l(a)(l1) and the
                Regulations thereunder. Furthermore, such amounts shall be
                considered as part of a Participant's benefit in determining
                whether an involuntary cash-out of benefits may be made without
                Participant consent.

                        (e)     The Administrator may direct that Employee
                transfers and rollovers made after a Valuation Date be
                segregated into a separate account for each Participant until
                such time as the allocations pursuant to this Plan have been
                made, at which time they may remain segregated or be invested as
                part of the general Trust Fund or be directed by the Participant
                pursuant to Section 4.12.

                        (f)     This Plan shall not accept any direct or
                indirect transfers (as that term is defined and interpreted
                under Code Section 401(a)(l1) and the Regulations thereunder)
                from a defined benefit plan, money purchase plan (including a
                target benefit plan), stock bonus or profit sharing plan which
                would otherwise have provided for a life annuity form of payment
                to the Participant.

                        (g)     Notwithstanding anything herein to the contrary,
                a transfer directly to this Plan from another qualified plan (or
                a transaction having the effect of such a transfer) shall only
                be permitted if it will not result in the elimination or
                reduction of any "Section 41l(d)(6) protected benefit" as
                described in Section 8.1.

        4.12    DIRECTED INVESTMENT ACCOUNT

                        (a)     Participants may, subject, to a procedure
                established by the Administrator (the Participant Direction
                Procedures) and applied in a uniform nondiscriminatory manner,
                direct the Trustee, in writing (or in such other form

                                       45
<PAGE>

                which is acceptable to the Trustee), to invest all of their
                accounts in specific assets, specific funds or other investments
                permitted under the Plan and the Participant Direction
                Procedures. That portion of the interest of any Participant so
                directing will thereupon be considered a Participant's Directed
                Account.

                        (b)     As of each Valuation Date, all Participant
                Directed Accounts shall be charged or credited with the net
                earnings, gains, losses and expenses as well as any appreciation
                or depreciation in the market value using publicly listed fair
                market values when available or appropriate as follows:

                                (1)     to the extent that the assets in a
                        Participant's Directed Account are accounted for as
                        pooled assets or investments, the allocation of
                        earnings, gains and losses of each Participant's
                        Directed Account shall be based upon the total amount of
                        funds so invested in a manner proportionate to the
                        Participant's share of such pooled investment; and

                                (2)     to the extent that the assets in the
                        Participant's Directed Account are accounted for as
                        segregated assets, the allocation of earnings, gains and
                        losses from such assets shall be made on a separate and
                        distinct basis.

                        (c)     Investment directions will be processed as soon
                as administratively practicable after proper investment
                directions are received from the Participant. No guarantee is
                made by the Plan, Employer, Administrator or Trustee that
                investment directions will be processed on a daily basis, and no
                guarantee is made in any respect regarding the processing time
                of an investment direction. Notwithstanding any other provision
                of the Plan, the Employer, Administrator or Trustee reserves the
                right to not value an investment option on any given Valuation
                Date for any reason deemed appropriate by the Employer,
                Administrator or Trustee. Furthermore, the processing of any
                investment transaction may be delayed for any legitimate
                business reason (including, but not limited to, failure of
                systems or computer programs, failure of the means of the
                transmission of data, force majeure, the failure of a service
                provider to timely receive values or prices, and correction for
                errors or omissions or the errors or omissions of any service
                provider). The processing date of a transaction will be binding
                for all purposes of the Plan and considered the applicable
                Valuation Date for an investment transaction.

        4.13    QUALIFIED MILITARY SERVICE

                Notwithstanding any provision of this Plan to the contrary,
effective December 12, 1994, contributions, benefits and service will be
provided in accordance with Code Section 414(u).

                                       46
<PAGE>

                                   ARTICLE V

                                   VALUATIONS

        5.1     VALUATION OF THE TRUST FUND

                The Administrator shall direct the Trustee, as of each Valuation
Date, to determine the net worth of the assets comprising the Trust Fund as it
exists on the Valuation Date. In determining such net worth, the Trustee shall
value the assets comprising the Trust Fund at their fair market value (or their
contractual value in the case of a Contract or Policy) as of the Valuation Date
and shall deduct all expenses for which the Trustee has not yet obtained
reimbursement from the Employer or the Trust Fund. The Trustee may update the
value of any shares held in the Participant Directed Account by reference to the
number of shares held by that Participant, priced at the market value as of the
Valuation Date.

        5.2     METHOD OF VALUATION

                In determining the fair market value of securities held in the
Trust Fund which are listed on a registered stock exchange, the Administrator
shall direct the Trustee to value the same at the prices they were last traded
on such exchange preceding the close of business on the Valuation Date. If such
securities were not traded on the Valuation Date, or if the exchange on which
they are traded was not open for business on the Valuation Date, then the
securities shall be valued at the prices at which they were last traded prior to
the Valuation Date. Any unlisted security held in the Trust Fund shall be valued
at its bid price next preceding the close of business on the Valuation Date,
which bid price shall be obtained from a registered broker or an investment
banker. In determining the fair market value of assets other than securities for
which trading or bid prices can be obtained, the Trustee may appraise such
assets itself, or in its discretion, employ one or more appraisers for that
purpose and rely on the values established by such appraiser or appraisers.

                                   ARTICLE VI

                   DETERMINATION AND DISTRIBUTION OF BENEFITS

        6.1     DETERMINATION OF BENEFITS UPON RETIREMENT

                Every Participant may terminate employment with the Employer and
retire for the purposes hereof on the Participant's Normal Retirement Date or
Early Retirement Date. However, a Participant may postpone the termination of
employment with the Employer to a later date, in which event the participation
of such Participant in the Plan, including the right to receive allocations
pursuant to Section 4.4, shall continue until such Participant's Late Retirement
Date. Upon a Participant's Retirement Date, or as soon thereafter as is
practicable, the Trustee shall distribute, at the election of the Participant,
all amounts credited to such Participant's Combined Account in accordance with
Section 6.5.

                                       47
<PAGE>

        6.2     DETERMINATION OF BENEFITS UPON DEATH

                        (a)     Upon the death of a Participant before the
                Participant's Retirement Date or other termination of
                employment, all amounts credited to such Participant's Combined
                Account shall become fully Vested. The Administrator shall
                direct the Trustee, in accordance with the provisions of
                Sections 6.6 and 6.7, to distribute the value of the deceased
                Participant's accounts to the Participant's Beneficiary.

                        (b)     Upon the death of a Former Participant, the
                Administrator shall direct the Trustee, in accordance with the
                provisions of Sections 6.6 and 6.7, to distribute any remaining
                Vested amounts credited to the accounts of a deceased Former
                Participant to such Former Participant's Beneficiary.

                        (c)     The Administrator may require such proper proof
                of death and such evidence of the right of any person to receive
                payment of the value of the account of a deceased Participant or
                Former Participant as the Administrator may deem desirable. The
                Administrator's determination of death and of the right of any
                person to receive payment shall be conclusive.

                        (d)     The Beneficiary of the death benefit payable
                pursuant to this Section shall be the Participant's spouse.
                Except, however, the Participant may designate a Beneficiary
                other than the spouse if:

                                (1)     the spouse has waived the right to be
                        the Participant's Beneficiary, or

                                (2)     the Participant is legally separated or
                        has been abandoned (within the meaning of local law) and
                        the Participant has a court order to such effect (and
                        there is no "qualified domestic relations order" as
                        defined in Code Section 414(p) which provides
                        otherwise), or

                                (3)     the Participant has no spouse, or

                                (4)     the spouse cannot be located.

                                In such event, the designation of a Beneficiary
                shall be made on a form satisfactory to the Administrator. A
                Participant may at any time revoke a designation of a
                Beneficiary or change a Beneficiary by filing written (or in
                such other form as permitted by the Internal Revenue Service)
                notice of such revocation or change with the Administrator.
                However, the Participant's spouse must again consent in writing
                (or in such other form as permitted by the Internal Revenue
                Service) to any change in Beneficiary unless the original
                consent acknowledged that the spouse had the right to limit
                consent only to a specific Beneficiary and that the spouse
                voluntarily elected to relinquish such right.

                                       48
<PAGE>

                        (e)     In the event no valid designation of Beneficiary
                exists, or if the Beneficiary is not alive at the time of the
                Participant's death, the death benefit will be paid in the
                following order of priority to:

                                (1)     the Participant's surviving spouse;

                                (2)     the Participant's children, including
                        adopted children, per stirpes;

                                (3)     the Participant's surviving parents, in
                        equal shares; or

                                (4)     the Participant's estate.

                                If the Beneficiary does not predecease the
                Participant, but dies prior to distribution of the death
                benefit, the death benefit will be paid to the Beneficiary's
                estate.

                        (f)     Notwithstanding anything in this Section to the
                contrary, if a Participant has designated the spouse as a
                Beneficiary, then a divorce decree or a legal separation that
                relates to such spouse shall revoke the Participant's
                designation of the spouse as a Beneficiary unless the decree or
                a qualified domestic relations order (within the meaning of Code
                Section 414(p)) provides otherwise.

                        (g)     Any consent by the Participant's spouse to waive
                any rights to the death benefit must be in writing (or in such
                other form as permitted by the Internal Revenue Service), must
                acknowledge the effect of such waiver, and be witnessed by a
                Plan representative or a notary public. Further, the spouse's
                consent must be irrevocable and must acknowledge the specific
                nonspouse Beneficiary.

        6.3     DETERMINATION OF BENEFITS IN EVENT OF DISABILITY

                In the event of a Participant's Total and Permanent Disability
prior to the Participant's Retirement Date or other termination of employment,
all amounts credited to such Participant's Combined Account shall become fully
Vested. In the event of a Participant's Total and Permanent Disability, the
Administrator, in accordance with the provisions of Sections 6.5 and 6.7, shall
direct the distribution to such Participant of all Vested amounts credited to
such Participant's Combined Account.

        6.4     DETERMINATION OF BENEFITS UPON TERMINATION

                        (a)     If a Participant's employment with the Employer
                is terminated for any reason other than death. Total and
                Permanent Disability or retirement, then such Participant shall
                be entitled to such benefits as are provided hereinafter
                pursuant to this Section 6.4.

                                       49
<PAGE>

                                Distribution of the funds due to a Terminated
                Participant shall be made on the occurrence of an event which
                would result in the distribution had the Terminated Participant
                remained in the employ of the Employer (upon the Participant's
                death, Total and Permanent Disability, Early or Normal
                Retirement). However, at the election of the Participant, the
                Administrator shall direct the Trustee that the entire Vested
                portion of the Terminated Participant's Combined Account be
                payable to such Terminated Participant on or after the quarterly
                valuation date coinciding with or next following termination of
                employment. Any distribution under this paragraph shall be made
                in a manner which is consistent with and satisfies the
                provisions of Section 6.5, including, but not limited to, all
                notice and consent requirements of Code Section 41l(a)(l1) and
                the Regulations thereunder.

                                If for Plan Years beginning after August 5,
                1997, the value of a Terminated Participant's Vested benefit
                derived from Employer and Employee contributions does not exceed
                $5,000 ($3,500 for Plan Years beginning prior to August 6, 1997)
                and, if the distribution is made prior to March 22, 1999, has
                never exceeded $5,000 ($3,500 for Plan Years beginning prior to
                August 6, 1997) at the time of any prior distribution, then the
                Administrator shall direct the Trustee to cause the entire
                Vested benefit to be paid to such Participant in a single lump
                sum.

                                For purposes of this Section 6.4, if the value
                of a Terminated Participant's Vested benefit is zero, the
                Terminated Participant shall be deemed to have received a
                distribution of such Vested benefit.

                        (b)     The Vested portion of any Participant's Account
                shall be a percentage of the total amount credited to the
                Participant's Account determined on the basis of the
                Participant's number of Years of Service according to the
                following schedule:

                                            Vesting Schedule

                       Years of Service                          Percentage

                         Less than 2                                0%
                              2                                    20%
                              3                                    40%
                              4                                    60%
                              5                                    80%
                              6                                   100%

                        (c)     Notwithstanding the vesting schedule above, the
                Vested percentage of a Participant's Account shall not be less
                than the Vested percentage attained as of the later of the
                effective date or adoption date of this amendment and
                restatement.

                                       50
<PAGE>

                        (d)     Notwithstanding the vesting schedule above, upon
                the complete discontinuance of the Employer contributions to the
                Plan or upon any full or partial termination of the Plan, all
                amounts then credited to the account of any affected Participant
                shall become 100% Vested and shall not thereafter be subject to
                Forfeiture.

                        (e)     The computation of a Participant's
                nonforfeitable percentage of such Participant's interest in the
                Plan shall not be reduced as the result of any direct or
                indirect amendment to this Plan. In the event that the Plan is
                amended to change or modify any vesting schedule, or if the Plan
                is amended in any way that directly or indirectly affects the
                computation of the Participant's nonforfeitable percentage, or
                if the Plan is deemed amended by an automatic change to a top
                heavy vesting schedule, then each Participant with at least
                three (3) Years of Service as of the expiration date of the
                election period may elect to have such Participant's
                nonforfeitable percentage computed under the Plan without regard
                to such amendment or change. If a Participant fails to make such
                election, then such Participant shall be subject to the new
                vesting schedule. The Participant's election period shall
                commence on the adoption date of the amendment and shall end
                sixty (60) days after the latest of:

                                (1)     the adoption date of the amendment,

                                (2)     the effective date of the amendment, or

                                (3)     the date the Participant receives
                        written notice of the amendment from the Employer or
                        Administrator.

        6.5     DISTRIBUTION OF BENEFITS

                        (a)     The Administrator, pursuant to the election of
                the Participant, shall direct the Trustee to distribute to a
                Participant or such Participant's Beneficiary any amount to
                which the Participant is entitled under the Plan in one lump-sum
                payment in cash.

                        (b)     Any distribution to a Participant, for Plan
                Years beginning after August 5, 1997, who has a benefit which
                exceeds $5,000 ($3,500 for Plan Years beginning prior to August
                6, 1997) or, if the distribution is made prior to March 22,
                1999, has ever exceeded $5,000 ($3,500 for Plan Years beginning
                prior to August 6, 1997) at the time of any prior distribution,
                shall require such Participant's written (or in such other form
                as permitted by the Internal Revenue Service) consent if such
                distribution occurs prior to the time the benefit is
                "immediately distributable." A benefit is "immediately
                distributable" if any part of the benefit could be distributed
                to the Participant (or surviving spouse) before the Participant
                attains (or would have attained if not deceased) the later of
                the Participant's Normal Retirement Age or age 62.

                        (c)     The following rules will apply to the consent
                requirements set forth in subsection (b):

                                       51
<PAGE>

                                (1)     The Participant must be informed of the
                        right to defer receipt of the distribution. If a
                        Participant fails to consent, it shall be deemed an
                        election to defer the distribution of any benefit.
                        However, any election to defer the receipt of benefits
                        shall not apply with respect to distributions which are
                        required under Section 6.5(d).

                                (2)     Notice of the rights specified under
                        this paragraph shall be provided no less than thirty
                        (30) days and no more than ninety (90) days before the
                        date the distribution commences.

                                (3)     Written (or such other form as permitted
                        by the Internal Revenue Service) consent of the
                        Participant to the distribution must not be made before
                        the Participant receives the notice and must not be made
                        more than ninety (90) days before the date the
                        distribution commences.

                                (4)     No consent shall be valid if a
                        significant detriment is imposed under the Plan on any
                        Participant who does not consent to the distribution.

                                Any such distribution may commence less than
                thirty (30) days after the notice required under Regulation
                1.411(a)-11(c) is given, provided that: (1) the Administrator
                clearly informs the Participant that the Participant has a right
                to a period of at least thirty (30) days after receiving the
                notice to consider the decision of whether or not to elect a
                distribution (and, if applicable, a particular distribution
                option), and (2) the Participant, after receiving the notice,
                affirmatively elects a distribution.

                        (d)     Notwithstanding any provision in the Plan to the
                contrary, the distribution of a Participant's benefits made on
                or after January 1, 1997 shall be made in accordance with the
                following requirements and shall otherwise comply with Code
                Section 401(a)(9) and the Regulations thereunder (including
                Regulation 1.401(a)(9)-2). the provisions of which are
                incorporated herein by reference:

                                (1)     A Participant's benefits shall be
                        distributed or must begin to be distributed not later
                        than the April 1st of the calendar year following the
                        calendar year in which the Participant attains age 70
                        1/2. Such distribution shall be equal to or greater than
                        any required distribution. However, a Participant who is
                        not a "five (5) percent owner" and who attains age 70
                        1/2 in or after a calendar year that begins after the
                        later of (i) December 31, 1998, or (ii) the adoption
                        date of an amendment eliminating the required
                        distribution provided in the first sentence of this
                        paragraph, provided that the adoption date is no later
                        than the last day of any remedial amendment period that
                        applies to the Plan for changes under the Small Business
                        Job Protection Act of 1996, shall have such benefits
                        distributed or must begin to be distributed not later
                        than the April 1st of the calendar

                                       52
<PAGE>

                        year following the later of (i) the calendar year in
                        which the Participant attains age 70 1/2 or (ii) the
                        calendar year in which the Participant retires.

                                (2)     Distributions to a Participant and the
                        Participant's Beneficiaries shall only be made in
                        accordance with the incidental death benefit
                        requirements of Code Section 401(a)(9)(G) and the
                        Regulations thereunder.

                                With respect to distributions under the Plan
                made for calendar years beginning on or after January 1, 2001,
                the Plan will apply the minimum distribution requirements of
                Code Section 401(a)(9) in accordance with the Regulations under
                Code Section 401(a)(9) that were proposed on January 17, 2001,
                notwithstanding any provision of the Plan to the contrary. This
                amendment shall continue in effect until the end of the last
                calendar year beginning before the effective date of final
                Regulations under Code Section 401(a)(9) or such other date
                specified in guidance published by the Internal Revenue Service.

                        (e)     For purposes of this Section, the life
                expectancy of a Participant and a Participant's spouse may, at
                the election of the Participant or the Participant's spouse, be
                redetermined in accordance with Regulations. The election, once
                made, shall be irrevocable. If no election is made by the time
                distributions must commence, then the life expectancy of the
                Participant and the Participant's spouse shall not be subject to
                recalculation, Life expectancy and joint and last survivor
                expectancy shall be computed using the return multiples in
                Tables V and VI of Regulation 1.72-9.

                        (f)     All annuity Contracts under this Plan shall be
                non-transferable when distributed. Furthermore, the terms of any
                annuity Contract purchased and distributed to a Participant or
                spouse shall comply with all of the requirements of the Plan.

                        (g)     If a distribution is made to a Participant who
                has not severed employment and who is not fully Vested in the
                Participant's Account and the Participant may increase the
                Vested percentage in such account, then, at any relevant time
                the Participant's Vested portion of the account will be equal to
                an amount ("X") determined by the formula:

                                        X equals P(AB plus D) - D

                                For purposes of applying the formula: P is the
                Vested percentage at the relevant time, AB is the account
                balance at the relevant time, and D is the amount of
                distribution.

        6.6     DISTRIBUTION OF BENEFITS UPON DEATH

                        (a)     The death benefit payable pursuant to Section
                6.2 shall be paid to the Participant's Beneficiary in one
                lump-sum payment in cash subject to the rules of Section 6.6(b).

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<PAGE>

                        (b)     Notwithstanding any provision in the Plan to the
                contrary, distributions upon the death of a Participant shall be
                made in accordance with the following requirements and shall
                otherwise comply with Code Section 401(a)(9) and the Regulations
                thereunder. If it is determined, pursuant to Regulations, that
                the distribution of a Participant's interest has begun and the
                Participant dies before the entire interest has been
                distributed, the remaining portion of such interest shall be
                distributed at least as rapidly as under the method of
                distribution selected pursuant to Section 6.5 as of the date of
                death. If a Participant dies before receiving any distributions
                of the interest in the Plan or before distributions are deemed
                to have begun pursuant to Regulations, then the death benefit
                shall be distributed to the Participant's Beneficiaries by
                December 31st of the calendar year in which the fifth
                anniversary of the Participant's date of death occurs.

                                 However, in the event that the Participant's
                spouse (determined as of the date of the Participant's death) is
                the designated Beneficiary, then in lieu of the preceding rules,
                distributions must be made over a period not extending beyond
                the life expectancy of the spouse and must commence on or before
                the later of: (1) December 31st of the calendar year immediately
                following the calendar year in which the Participant died; or
                (2) December 31st of the calendar year in which the Participant
                would have attained age 70 1/2. If the surviving spouse dies
                before distributions to such spouse begin, then the 5-year
                distribution requirement of this Section shall apply as if the
                spouse was the Participant.

                        (c)     For purposes of this Section, any amount paid to
                a child of the Participant will be treated as if it had been
                paid to the surviving spouse if the amount becomes payable to
                the surviving spouse when the child reaches the age of majority.

        6.7     TIME OF SEGREGATION OR DISTRIBUTION

                Except as limited by Sections 6.5 and 6.6, whenever the Trustee
is to make a distribution the distribution may be made on such date or as soon
thereafter as is practicable. However, unless a Former Participant elects in
writing to defer the receipt of benefits (such election may not result in a
death benefit that is more than incidental), the payment of benefits shall occur
not later than the sixtieth (60th) day after the close of the Plan Year in which
the latest of the following events occurs: (a) the date on which the Participant
attains the earlier of age 65 or the Normal Retirement Age specified herein; (b)
the tenth (10th) anniversary of the year in which the Participant commenced
participation in the Plan; or (c) the date the Participant terminates service
with the Employer.

                Notwithstanding the foregoing, the failure of a Participant to
consent to a distribution that is "immediately distributable" (within the
meaning of Section 6.5), shall be deemed to be an election to defer the
commencement of payment of any benefit sufficient to satisfy this Section.

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        6.8     DISTRIBUTION FOR MINOR OR INCOMPETENT BENEFICIARY

                In the event a distribution is to be made to a minor or
incompetent Beneficiary, then the Administrator may direct that such
distribution be paid to the legal guardian, or if none in the case of a minor
Beneficiary, to a parent of such Beneficiary or a responsible adult with whom
the Beneficiary maintains residence, or to the custodian for such Beneficiary
under the Uniform Gift to Minors Act or Gift to Minors Act, if such is permitted
by the laws of the state in which said Beneficiary resides. Such a payment to
the legal guardian, custodian or parent of a minor Beneficiary shall fully
discharge the Trustee, Employer, and Plan from further liability on account
thereof.

        6.9     LOCATION OF PARTICIPANT OR BENEFICIARY UNKNOWN

                In the event that all, or any portion, of the distribution
payable to a Participant or Beneficiary hereunder shall, at the later of the
Participant's attainment of age 62 or Normal Retirement Age, remain unpaid
solely by reason of the inability of the Administrator, after sending a
registered letter, return receipt requested, to the last known address, and
after further diligent effort, to ascertain the whereabouts of such Participant
or Beneficiary, the amount so distributable shall be treated as a Forfeiture
pursuant to the Plan. Notwithstanding the foregoing, effective January 1, 2001,
or if later, the adoption date of this amendment and restatement, if the value
of a Participant's Vested benefit derived from Employer and Employee
contributions does not exceed $5,000 ($3,500 for Plan Years beginning prior to
August 6, 1997), then the amount distributable may, in the sole discretion of
the Administrator, either be treated as a Forfeiture, or be paid directly to an
individual retirement account described in Code Section 408(a) or an individual
retirement annuity described in Code Section 408(b) at the time it is determined
that the whereabouts of the Participant or the Participant's Beneficiary cannot
be ascertained. In the event a Participant or Beneficiary is located subsequent
to the Forfeiture, such benefit shall be restored, first from Forfeitures, if
any, and then from an additional Employer contribution if necessary. However,
regardless of the preceding, a benefit which is lost by reason of escheat under
applicable state law is not treated as a Forfeiture for purposes of this Section
nor as an impermissable forfeiture under the Code.

        6.10    ADVANCE DISTRIBUTION FOR HARDSHIP

                        (a)     The Administrator, at the election of the
                Participant, shall direct the Trustee to distribute to any
                Participant in any one Plan Year up to the lesser of 100% of the
                Participant's Elective Account and Participant's
                Transfer/Rollover Account valued as of the last Valuation Date
                or the amount necessary to satisfy the immediate and heavy
                financial need of the Participant. Any distribution made
                pursuant to this Section shall be deemed to be made as of the
                first day of the Plan Year or, if later, the Valuation Date
                immediately preceding the date of distribution, and the
                Participant's Elective Account and Participant's
                Transfer/Rollover Account shall be reduced accordingly.
                Withdrawal under this Section is deemed to be on account of an
                immediate and heavy financial need of the Participant only if
                the withdrawal is for:

                                       55
<PAGE>

                                (1)     Medical expenses described in Code
                        Section 213(d) incurred by the Participant, the
                        Participant's spouse, or any of the Participant's
                        dependents (as defined in Code Section 152) or necessary
                        for these persons to obtain medical care as described in
                        Code Section 213(d);

                                (2)     The costs directly related to the
                        purchase (excluding mortgage payments) of a principal
                        residence for the Participant;

                                (3)     Payment of tuition, related educational
                        fees, and room and board expenses for the next twelve
                        (12) months of post-secondary education for the
                        Participant and the Participant's spouse, children, or
                        dependents; or

                                (4)     Payments necessary to prevent the
                        eviction of the Participant from the Participant's
                        principal residence or foreclosure on the mortgage on
                        that residence.

                        (b)     No distribution shall be made pursuant to this
                Section unless the Administrator, based upon the Participant's
                representation and such other facts as are known to the
                Administrator, determines that all of the following conditions
                are satisfied:

                                (1)     The distribution is not in excess of the
                        amount of the immediate and heavy financial need of the
                        Participant. The amount of the immediate and heavy
                        financial need may include any amounts necessary to pay
                        any federal, state, or local income taxes or penalties
                        reasonably anticipated to result from the distribution;

                                (2)     The Participant has obtained all
                        distributions, other than hardship distributions, and
                        all nontaxable (at the time of the loan) loans currently
                        available under all plans maintained by the Employer;

                        (c)     Notwithstanding the above, distributions from
                the Participant's Elective Account pursuant to this Section
                shall be limited solely to the Participant's total Deferred
                Compensation as of the date of distribution, reduced by the
                amount of any previous distributions pursuant to this Section.

                        (d)     Any distribution made pursuant to this Section
                shall be made in a manner which is consistent with and satisfies
                the provisions of Section 6.5, including, but not limited to,
                all notice and consent requirements of Code Section 411(a)(11)
                and the Regulations thereunder.

        6.11    QUALIFIED DOMESTIC RELATIONS ORDER DISTRIBUTION

                All rights and benefits, including elections, provided to a
Participant in this Plan shall be subject to the rights afforded to any
"alternate payee" under a "qualified domestic relations order." Furthermore, a
distribution to an "alternate payee" shall be permitted if such distribution is
authorized by a "qualified domestic relations order," even if the affected

                                       56
<PAGE>

Participant has not separated from service and has not reached the "earliest
retirement age" under the Plan. For the purposes of this Section, "alternate
payee," "qualified domestic relations order" and "earliest retirement age" shall
have the meaning set forth under Code Section 414(p).

                                  ARTICLE VII

                                     TRUSTEE

        7.1     BASIC RESPONSIBILITIES OF THE TRUSTEE

                        (a)     The Trustee shall have the following categories
                of responsibilities:

                                (1)     Consistent with the "funding policy and
                        method" determined by the Employer, to invest, manage,
                        and control the Plan assets subject, however, to the
                        direction of a Participant with respect to Participant
                        Directed Accounts, the Employer or an Investment Manager
                        appointed by the Employer or any agent of the Employer;

                                (2)     At the direction of the Administrator,
                        to pay benefits required under the Plan to be paid to
                        Participants, or, in the event of their death, to their
                        Beneficiaries; and

                                (3)     To maintain records of receipts and
                        disbursements and furnish to the Employer and/or
                        Administrator for each Plan Year a written annual report
                        pursuant to Section 7.6.

                        (b)     In the event that the Trustee shall be directed
                by a Participant (pursuant to the Participant Direction
                Procedures), or the Employer, or an Investment Manager or other
                agent appointed by the Employer with respect to the investment
                of any or all Plan assets, the Trustee shall have no liability
                with respect to the investment of such assets, but shall be
                responsible only to execute such investment instructions as so
                directed.

                                (1)     The Trustee shall be entitled to rely
                        fully on the written (or other form acceptable to the
                        Administrator and the Trustee, including, but not
                        limited to, voice recorded) instructions of a
                        Participant (pursuant to the Participant Direction
                        Procedures), or the Employer, or any Fiduciary or
                        nonfiduciary agent of the Employer, in the discharge of
                        such duties, and shall not be liable for any loss or
                        other liability, resulting from such direction (or lack
                        of direction) of the investment of any part of the Plan
                        assets.

                                (2)     The Trustee may delegate the duty of
                        executing such instructions to any nonfiduciary agent,
                        which may be an affiliate of the Trustee or any Plan
                        representative.

                                (3)     The Trustee may refuse to comply with
                        any direction from the Participant in the event the
                        Trustee, in its sole and absolute discretion,

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<PAGE>

                        deems such directions improper by virtue of applicable
                        law. The Trustee shall not be responsible or liable for
                        any loss or expense which may result from the Trustee's
                        refusal or failure to comply with any directions from
                        the Participant.

                                (4)     Any costs and expenses related to
                        compliance with the ` Participant's directions shall be
                        borne by the Participant's Directed Account, unless paid
                        by the Employer.

                        (c)     If there shall be more than one Trustee, they
                shall act by a majority of their number, but may authorize one
                or more of them to sign papers on their behalf.

        7.2     INVESTMENT POWERS AND DUTIES OF THE TRUSTEE

                        (a)     The Trustee shall invest and reinvest the Trust
                Fund to keep the Trust Fund invested without distinction between
                principal and income and in such securities or property, real or
                personal, wherever situated, as the Trustee shall deem
                advisable, including, but not limited to, stocks, common or
                preferred, open-end or closed-end mutual funds, bonds and other
                evidences of indebtedness or ownership, and real estate or any
                interest therein. The Trustee shall at all times in making
                investments of the Trust Fund consider, among other factors, the
                short and long-term financial needs of the Plan on the basis of
                information furnished by the Employer. In making such
                investments, the Trustee shall not be restricted to securities
                or other property of the character expressly authorized by the
                applicable law for trust investments; however, the Trustee shall
                give due regard to any limitations imposed by the Code or the
                Act so that at all times the Plan may qualify as a qualified
                Profit Sharing Plan and Trust.

                        (b)     The Trustee may employ a bank or trust company
                pursuant to the terms of its usual and customary bank agency
                agreement, under which the duties of such bank or trust company
                shall be of a custodial, clerical and record-keeping nature.

        7.3     OTHER POWERS OF THE TRUSTEE

                The Trustee, in addition to all powers and authorities under
common law, statutory authority, including the Act, and other provisions of the
Plan, shall have the following powers and authorities, to be exercised in the
Trustee's sole discretion:

                        (a)     To purchase, or subscribe for, any securities or
                other property and to retain the same. In conjunction with the
                purchase of securities, margin accounts may be opened and
                maintained;

                        (b)     To sell, exchange, convey, transfer, grant
                options to purchase, or otherwise dispose of any securities or
                other property held by the Trustee, by private contract or at
                public auction. No person dealing with the Trustee shall be
                bound to see to the application of the purchase money or to
                inquire into the

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<PAGE>

                validity, expediency, or propriety of any such sale or other
                disposition, with or without advertisement;

                        (c)     To vote upon any stocks, bonds, or other
                securities; to give general or special proxies or powers of
                attorney with or without power of substitution; to exercise any
                conversion privileges, subscription rights or other options, and
                to make any payments incidental thereto; to oppose, or to
                consent to, or otherwise participate in, corporate
                reorganizations or other changes affecting corporate securities,
                and to delegate discretionary powers, and to pay any assessments
                or charges in connection therewith; and generally to exercise
                any of the powers of an owner with respect to stocks, bonds,
                securities, or other property. However, the Trustee shall not
                vote proxies relating to securities for which it has not been
                assigned full investment management responsibilities. In those
                cases where another party has such investment authority or
                discretion, the Trustee will deliver all proxies to said party
                who will then have full responsibility for voting those proxies;

                        (d)     To cause any securities or other property to be
                registered in the Trustee's own name, in the name of one or more
                of the Trustee's nominees, in a clearing corporation, in a
                depository, or in book entry form or in bearer form, but the
                books and records of the Trustee shall at all times show that
                all such investments are part of the Trust Fund;

                        (e)     To borrow or raise money for the purposes of the
                Plan in such amount, and upon such terms and conditions, as the
                Trustee shall deem advisable; and for any sum so borrowed, to
                issue a promissory note as Trustee, and to secure the repayment
                thereof by pledging all, or any part, of the Trust Fund; and no
                person lending money to the Trustee shall be bound to see to the
                application of the money lent or to inquire into the validity,
                expediency, or propriety of any borrowing;

                        (f)     To keep such portion of the Trust Fund in cash
                or cash balances as the Trustee may, from time to time, deem to
                be in the best interests of the Plan, without liability for
                interest thereon;

                        (g)     To accept and retain for such time as the
                Trustee may deem advisable any securities or other property
                received or acquired as Trustee hereunder, whether or not such
                securities or other property would normally be purchased as
                investments hereunder;

                        (h)     To make, execute, acknowledge, and deliver any
                and all documents of transfer and conveyance and any and all
                other instruments that may be necessary or appropriate to carry
                out the powers herein granted;

                        (i)     To settle, compromise, or submit to arbitration
                any claims, debts, or damages due or owing to or from the Plan,
                to commence or defend suits or

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<PAGE>

                legal or administrative proceedings, and to represent the Plan
                in all suits and legal and administrative proceedings;

                        (j)     To employ suitable agents and counsel and to pay
                their reasonable expenses and compensation, and such agent or
                counsel may or may not be agent or counsel for the Employer;

                        (k)     To apply for and procure from responsible
                insurance companies, to be selected by the Administrator, as an
                investment of the Trust Fund such annuity, or other Contracts
                (on the life of any Participant) as the Administrator shall deem
                proper; to exercise, at any time or from time to time, whatever
                rights and privileges may be granted under such annuity, or
                other Contracts; to collect, receive, and settle for the
                proceeds of all such annuity or other Contracts as and when
                entitled to do so under the provisions thereof;

                        (l)     To invest funds of the Trust in time deposits or
                savings accounts bearing a reasonable rate of interest or in
                cash or cash balances without liability for interest thereon;

                        (m)     To invest in Treasury Bills and other forms of
                United States government obligations;

                        (n)     To invest in shares of investment companies
                registered under the Investment Company Act of 1940;

                        (o)     To sell, purchase and acquire put or call
                options if the options are traded on and purchased through a
                national securities exchange registered under the Securities
                Exchange Act of 1934, as amended, or, if the options are not
                traded on a national securities exchange, are guaranteed by a
                member firm of the New York Stock Exchange regardless of whether
                such options are covered;

                        (p)     To deposit monies in federally insured savings
                accounts or certificates of deposit in banks or savings and loan
                associations;

                        (q)     To pool all or any of the Trust Fund, from time
                to time, with assets belonging to any other qualified employee
                pension benefit trust created by the Employer or any Affiliated
                Employer, and to commingle such assets and make joint or common
                investments and carry joint accounts on behalf of this Plan and
                Trust and such other trust or trusts, allocating undivided
                shares or interests in such investments or accounts or any
                pooled assets of the two or more trusts in accordance with their
                respective interests;

                        (r)     To appoint a nonfiduciary agent or agents to
                assist the Trustee in carrying out any investment instructions
                of Participants and of any Investment Manager or Fiduciary, and
                to compensate such agent(s) from the assets of the Plan, to the
                extent not paid by the Employer;

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<PAGE>

                        (s)     To do all such acts and exercise all such rights
                and privileges, although not specifically mentioned herein, as
                the Trustee may deem necessary to carry out the purposes of the
                Plan.

        7.4     DUTIES OF THE TRUSTEE REGARDING PAYMENTS

                At the direction of the Administrator, the Trustee shall, from
time to time, in accordance with the terms of the Plan, make payments out of the
Trust Fund. The Trustee shall not be responsible in any way for the application
of such payments.

        7.5     TRUSTEE'S COMPENSATION AND EXPENSES AND TAXES

                The Trustee shall be paid such reasonable compensation as set
forth in the Trustee's fee schedule (if the Trustee has such a schedule) or as
agreed upon in writing by the Employer and the Trustee. However, an individual
serving as Trustee who already receives full-time pay from the Employer shall
not receive compensation from the Plan. In addition, the Trustee shall be
reimbursed for any reasonable expenses, including reasonable counsel fees
incurred by it as Trustee. Such compensation and expenses shall be paid from the
Trust Fund unless paid or advanced by the Employer. All taxes of any kind
whatsoever that may be levied or assessed under existing or future laws upon, or
in respect of, the Trust Fund or the income thereof, shall be paid from me Trust
Fund.

        7.6     ANNUAL REPORT OF THE TRUSTEE

                        (a)     Within a reasonable period of time after the
                later of the Anniversary Date or receipt of the Employer
                contribution for each Plan Year, the Trustee, or its agent,
                shall furnish to the Employer and Administrator a written
                statement of account with respect to the Plan Year for which
                such contribution was made setting forth:

                                (1)     the net income, or loss, of the Trust
                        Fund;

                                (2)     the gains, or losses, realized by the
                        Trust Fund upon sales or other disposition of the
                        assets;

                                (3)     the increase, or decrease, in the value
                        of the Trust Fund;

                                (4)     all payments and distributions made from
                        the Trust Fund; and

                                (5)     such further information as the Trustee
                        and/or Administrator deems appropriate.

                        (b)     The Employer, promptly upon its receipt of each
                such statement of account, shall acknowledge receipt thereof in
                writing and advise the Trustee and/or Administrator of its
                approval or disapproval thereof. Failure by the Employer to
                disapprove any such statement of account within thirty (30) days
                after its receipt thereof shall be deemed an approval thereof.
                The approval by the

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<PAGE>

                Employer of any statement of account shall be binding on the
                Employer and the Trustee as to all matters contained in the
                statement to the same extent as if the account of the Trustee
                had been settled by judgment or decree in an action for a
                judicial settlement of its account in a court of competent
                jurisdiction in which the Trustee, the Employer and all persons
                having or claiming an interest in the Plan were parties.
                However, nothing contained in this Section shall deprive the
                Trustee of its right to have its accounts judicially settled if
                the Trustee so desires.

        7.7     AUDIT

                        (a)     If an audit of the Plan's records shall be
                required by the Act and the regulations thereunder for any Plan
                Year, the Administrator shall direct the Trustee to engage on
                behalf of all Participants an independent qualified public
                accountant for that purpose. Such accountant shall, after an
                audit of the books and records of the Plan in accordance with
                generally accepted auditing standards, within a reasonable
                period after the close of the Plan Year, furnish to the
                Administrator and the Trustee a report of the audit setting
                forth the accountant's opinion as to whether any statements,
                schedules or lists that are required by Act Section 103 or the
                Secretary of Labor to be filed with the Plan's annual report,
                are presented fairly in conformity with generally accepted
                accounting principles applied consistently.

                        (b)     All auditing and accounting fees shall be an
                expense of and may, at the election of the Employer, be paid
                from the Trust Fund.

                        (c)     If some or all of the information necessary to
                enable the Administrator to comply with Act Section 103 is
                maintained by a bank, insurance company, or similar institution,
                regulated, supervised, and subject to periodic examination by a
                state or federal agency, then it shall transmit and certify the
                accuracy of that information to the Administrator as provided in
                Act Section 103(b) within one hundred twenty (120) days after
                the end of the Plan Year or such other date as may be prescribed
                under regulations of the Secretary of Labor.

        7.8     RESIGNATION, REMOVAL AND SUCCESSION OF TRUSTEE

                        (a)     Unless otherwise agreed to by both the Trustee
                and the Employer, a Trustee may resign at any time by delivering
                to the Employer, at least thirty (30) days before its effective
                date, a written notice of resignation.

                        (b)     Unless otherwise agreed to by both the Trustee
                and the Employer, the Employer may remove a Trustee at any time
                by delivering to the Trustee, at least thirty (30) days before
                its effective date, a written notice of such Trustee's removal.

                        (c)     Upon the death, resignation, incapacity, or
                removal of any Trustee, a successor may be appointed by the
                Employer; and such successor, upon accepting such appointment in
                writing and delivering same to the Employer, shall, without
                further act, become vested with all the powers and
                responsibilities of the

                                       62
<PAGE>

                predecessor as if such successor had been originally named as a
                Trustee herein. Until such a successor is appointed, the
                remaining Trustee or Trustees shall have full authority to act
                under the terms of the Plan.

                        (d)     The Employer may designate one or more
                successors prior to the death, resignation, incapacity, or
                removal of a Trustee. In the event a successor is so designated
                by the Employer and accepts such designation, the successor
                shall, without further act, become vested with all the powers
                and responsibilities of the predecessor as if such successor had
                been originally named as Trustee herein immediately upon the
                death, resignation, incapacity, or removal of the predecessor.

                        (e)     Whenever any Trustee hereunder ceases to serve
                as such, the Trustee shall furnish to the Employer and
                Administrator a written statement of account with respect to the
                portion of the Plan Year during which the individual or entity
                served as Trustee. This statement shall be either (i) included
                as part of the annual statement of account for the Plan Year
                required under Section 7.6 or (ii) set forth in a special
                statement. Any such special statement of account should be
                rendered to the Employer no later than the due date of the
                annual statement of account for the Plan Year. The procedures
                set forth in Section 7.6 for the approval by the Employer of
                annual statements of account shall apply to any special
                statement of account rendered hereunder and approval by the
                Employer of any such special statement in the manner provided in
                Section 7.6 shall have the same effect upon the statement as the
                Employer's approval of an annual statement of account. No
                successor to the Trustee shall have any duty or responsibility
                to investigate the acts or transactions of any predecessor who
                has rendered all statements of account required by Section 7.6
                and this subparagraph.

        7.9     TRANSFER OF INTEREST

                Notwithstanding any other provision contained in this Plan, the
Trustee at the direction of the Administrator shall transfer the Vested
interest, if any, of a Participant to another trust forming part of a pension,
profit sharing or stock bonus plan maintained by such Participant's new employer
and represented by said employer in writing as meeting the requirements of Code
Section 401(a), provided that the trust to which such transfers are made permits
the transfer to be made.

        7.10    TRUSTEE INDEMNIFICATION

                The Employer agrees to indemnify and hold harmless the Trustee
against any and all claims, losses, damages, expenses and liabilities the
Trustee may incur in the exercise and performance of the Trustee's power and
duties hereunder, unless the same are determined to be due to gross negligence
or willful misconduct.

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<PAGE>

        7.11    DIRECT ROLLOVER

                        (a)     Notwithstanding any provision of the Plan to the
                contrary that would otherwise limit a "distributee's" election
                under this Section, a "distributee" may elect, at the time and
                in the manner prescribed by the Administrator, to have any
                portion of an "eligible rollover distribution" that is equal to
                at least $500 paid directly to an "eligible retirement plan"
                specified by the "distributee" in a "direct rollover."

                        (b)     For purposes of this Section the following
                definitions shall apply:

                                (1)     An "eligible rollover distribution" is
                        any distribution of all or any portion of the balance to
                        the credit of the "distributee," except that an
                        "eligible rollover distribution" does not include: any
                        distribution that is one of a series of substantially
                        equal periodic payments (not less frequently than
                        annually) made for the life (or life expectancy) of the
                        "distributee" or the joint lives (or joint life
                        expectancies) of the "distributee" and the
                        "distributee's" designated beneficiary, or for a
                        specified period often years or more; any distribution
                        to the extent such distribution is required under Code
                        Section 401(a)(9); the portion of any other distribution
                        that is not includible in gross income (determined
                        without regard to the exclusion for net unrealized
                        appreciation with respect to employer securities); any
                        hardship distribution described in Code Section
                        401(k)(2)(B)(i)(IV); and any other distribution that is
                        reasonably expected to total less than $200 during a
                        year.

                                (2)     An "eligible retirement plan" is an
                        individual retirement account described in Code Section
                        408(a), an individual retirement annuity described in
                        Code Section 408(b), an annuity plan described in Code
                        Section 403(a), or a qualified trust described in Code
                        Section 401(a), that accepts the "distributee's"
                        "eligible rollover distribution." However, in the case
                        of an "eligible rollover distribution" to the surviving
                        spouse, an "eligible retirement plan" is an individual
                        retirement account or individual retirement annuity.

                                (3)     A "distributee" includes an Employee or
                        former Employee. In addition, the Employee's or former
                        Employee's surviving spouse and the Employee's or former
                        Employee's spouse or former spouse who is the alternate
                        payee under a qualified domestic relations order, as
                        defined in Code Section 414(p), are "distributees" with
                        regard to the interest of the spouse or former spouse.

                                (4)     A "direct rollover" is a payment by the
                        Plan to the "eligible retirement plan" specified by the
                        "distributee."

                                       64
<PAGE>

                                  ARTICLE VIII

                       AMENDMENT, TERMINATION AND MERGERS

        8.1     AMENDMENT

                        (a)     The Employer shall have the right at any time to
                amend this Plan, subject to the limitations of this Section.
                However, any amendment which affects the rights, duties or
                responsibilities of the Trustee or Administrator may only be
                made with the Trustee's or Administrator's written consent. Any
                such amendment shall become effective as provided therein upon
                its execution. The Trustee shall not be required to execute any
                such amendment unless the amendment affects the duties of the
                Trustee hereunder.

                        (b)     No amendment to the Plan shall be effective if
                it authorizes or permits any part of the Trust Fund (other than
                such part as is required to pay taxes and administration
                expenses) to be used for or diverted to any purpose other than
                for the exclusive benefit of the Participants or their
                Beneficiaries or estates; or causes any reduction in the amount
                credited to the account of any Participant; or causes or permits
                any portion of the Trust Fund to revert to or become property of
                the Employer.

                        (c)     Except as permitted by Regulations (including
                Regulation 1.41l(d)-4) or other IRS guidance, no Plan amendment
                or transaction having the effect of a Plan amendment (such as a
                merger, plan transfer or similar transaction) shall be effective
                if it eliminates or reduces any "Section 41l(d)(6) protected
                benefit" or adds or modifies conditions relating to "Section
                41l(d)(6) protected benefits" which results in a further
                restriction on such benefits unless such "Section 41l(d)(6)
                protected benefits" are preserved with respect to benefits
                accrued as of the later of the adoption date or effective date
                of the amendment. "Section 41l(d)(6) protected benefits" are
                benefits described in Code Section 41l(d)(6)(A), early
                retirement benefits and retirement-type subsidies, and optional
                forms of benefit. A Plan amendment that eliminates or restricts
                the ability of a Participant to receive payment of the
                Participant's interest in the Plan under a particular optional
                form of benefit will be permissible if the amendment satisfies
                the conditions in (1) and (2) below:

                                (1)     The amendment provides a single-sum
                        distribution form that is otherwise identical to the
                        optional form of benefit eliminated or restricted. For
                        purposes of this condition (1), a single-sum
                        distribution form is otherwise identical only if it is
                        identical in all respects to the eliminated or
                        restricted optional form of benefit (or would be
                        identical except that it provides greater rights to the
                        Participant) except with respect to the timing of
                        payments after commencement.

                                (2)     The amendment is not effective unless
                        the amendment provides that the amendment shall not
                        apply to any distribution with an

                                       65
<PAGE>

                        annuity starting date earlier than the earlier of: (i)
                        the ninetieth (90th) day after the date the Participant
                        receiving the distribution has been furnished a summary
                        that reflects the amendment and that satisfies the Act
                        requirements at 29 CFR 2520.104b-3 (relating to a
                        summary of material modifications) or (ii) the first day
                        of the second Plan Year following the Plan Year in which
                        the amendment is adopted.

        8.2     TERMINATION

                        (a)     The Employer shall have the right at any time to
                terminate the Plan by delivering to the Trustee and
                Administrator written notice of such termination. Upon any full
                or partial termination, all amounts credited to the affected
                Participants Combined Accounts shall become 100% Vested as
                provided in Section 6.4 and shall not thereafter be subject to
                forfeiture, and all unallocated amounts, including Forfeitures,
                shall be allocated to the accounts of all Participants in
                accordance with the provisions hereof.

                        (b)     Upon the full termination of the Plan, the
                Employer shall direct the distribution of the assets of the
                Trust Fund to Participants in a manner which is consistent with
                and satisfies the provisions of Section 6.5. Distributions to a
                Participant shall be made in cash or through the purchase of
                irrevocable nontransferable deferred commitments from an
                insurer. Except as permitted by Regulations, the termination of
                the Plan shall not result in the reduction of "Section 41l(d)(6)
                protected benefits" in accordance with Section 8.1(c).

        8.3     MERGER, CONSOLIDATION OR TRANSFER OF ASSETS

                This Plan and Trust may be merged or consolidated with, or its
assets and/or liabilities may be transferred to any other plan and trust only if
the benefits which would be received by a Participant of this Plan, in the event
of a termination of the Plan immediately after such transfer, merger or
consolidation, are at least equal to the benefits the Participant would have
received if the Plan had terminated immediately before the transfer, merger or
consolidation, and such transfer, merger or consolidation does not otherwise
result in the elimination or reduction of any "Section 41l(d)(6) protected
benefits" in accordance with Section 8.1(c).

                                   ARTICLE IX

                                    TOP HEAVY

        9.1     TOP HEAVY PLAN REQUIREMENTS

                For any Top Heavy Plan Year, the Plan shall provide the special
vesting requirements of Code Section 416(b) pursuant to Section 6.4 of the Plan
and the special minimum allocation requirements of Code Section 416(c) pursuant
to Section 4.4 of the Plan.

                                       66
<PAGE>

        9.2     DETERMINATION OF TOP HEAVY STATUS

                        (a)     This Plan shall be a Top Heavy Plan for any Plan
                Year in which, as of the Determination Date, (1) the Present
                Value of Accrued Benefits of Key Employees and (2) the sum of
                the Aggregate Accounts of Key Employees under this Plan and all
                plans of an Aggregation Group, exceeds sixty percent (60%) of
                the Present Value of Accrued Benefits and the Aggregate Accounts
                of all Key and Non-Key Employees under this Plan and all plans
                of an Aggregation Group.

                                If any Participant is a Non-Key Employee for any
                Plan Year, but such Participant was a Key Employee for any prior
                Plan Year, such Participant's Present Value of Accrued Benefit
                and/or Aggregate Account balance shall not be taken into account
                for purposes of determining whether this Plan is a Top Heavy
                Plan (or whether any Aggregation Group which includes this Plan
                is a Top Heavy Group). In addition, if a Participant or Former
                Participant has not performed any services for any Employer
                maintaining the Plan at any time during the five year period
                ending on the Determination Date, any accrued benefit for such
                Participant or Former Participant shall not be taken into
                account for the purposes of determining whether this Plan is a
                Top Heavy Plan.

                        (b)     Aggregate Account: A Participant's Aggregate
                Account as of the Determination Date is the sum of:

                                (1)     the Participant's Combined Account
                        balance as of the most recent valuation occurring within
                        a twelve (12) month period ending on the Determination
                        Date.

                                (2)     an adjustment for any contributions due
                        as of the Determination Date. Such adjustment shall be
                        the amount of any contributions actually made after the
                        Valuation Date but due on or before the Determination
                        Date, except for the first Plan Year when such
                        adjustment shall also reflect the amount of any
                        contributions made after the Determination Date that are
                        allocated as of a date in that first Plan Year.

                                (3)     any Plan distributions made within the
                        Plan Year that includes the Determination Date or within
                        the four (4) preceding Plan Years. However, in the case
                        of distributions made after the Valuation Date and prior
                        to the Determination Date, such distributions are not
                        included as distributions for top heavy purposes to the
                        extent that such distributions are already included in
                        the Participant's Aggregate Account balance as of the
                        Valuation Date. Notwithstanding anything herein to the
                        contrary, all distributions, including distributions
                        under a terminated plan which if it had not been
                        terminated would have been required to be included in an
                        Aggregation Group, will be counted. Further,
                        distributions from the Plan (including the cash value of
                        life insurance policies) of a Participant's

                                       67
<PAGE>

                        account balance because of death shall be treated as a
                        distribution for the purposes of this paragraph.

                                (4)     any Employee contributions, whether
                        voluntary or mandatory. However, amounts attributable to
                        tax deductible qualified voluntary employee
                        contributions shall not be considered to be a part of
                        the Participant's Aggregate Account balance.

                                (5)     with respect to unrelated rollovers and
                        plan-to-plan transfers (ones which are both initiated by
                        the Employee and made from a plan maintained by one
                        employer to a plan maintained by another employer), if
                        this Plan provides the rollovers or plan-to-plan
                        transfers, it shall always consider such rollovers or
                        plan-to-plan transfers as a distribution for the
                        purposes of this Section. If this Plan is the plan
                        accepting such rollovers or plan-to-plan transfers, it
                        shall not consider such rollovers or plan-to-plan
                        transfers as part of the Participant's Aggregate Account
                        balance.

                                (6)     with respect to related rollovers and
                        plan-to-plan transfers (ones either not initiated by the
                        Employee or made to a plan maintained by the same
                        employer), if this Plan provides the rollover or
                        plan-to-plan transfer, it shall not be counted as a
                        distribution for purposes of this Section. If this Plan
                        is the plan accepting such rollover or plan-to-plan
                        transfer, it shall consider such rollover or
                        plan-to-plan transfer as part of the Participant's
                        Aggregate Account balance, irrespective of the date on
                        which such rollover or plan-to-plan transfer is
                        accepted.

                                (7)     For the purposes of determining whether
                        two employers are to be treated as the same employer in
                        (5) and (6) above, all employers aggregated under Code
                        Section 414(b), (c), (m) and (o) are treated as the same
                        employer.

                        (c)     "Aggregation Group" means either a Required
                Aggregation Group or a Permissive Aggregation Group as
                hereinafter determined.

                                (1)     Required Aggregation Group: In
                        determining a Required Aggregation Group hereunder, each
                        plan of the Employer in which a Key Employee is a
                        participant in the Plan Year containing the
                        Determination Date or any of the four preceding Plan
                        Years, and each other plan of the Employer which enables
                        any plan in which a Key Employee participates to meet
                        the requirements of Code Sections 401(a)(4) or 410, will
                        be required to be aggregated. Such group shall be known
                        as a Required Aggregation Group.

                        In the case of a Required Aggregation Group, each plan
                        in the group will be considered a Top Heavy Plan if the
                        Required Aggregation Group is a Top Heavy Group. No plan
                        in the Required Aggregation Group will be

                                       68
<PAGE>

                        considered a Top Heavy Plan if the Required Aggregation
                        Group is not a Top Heavy Group.

                                (2)     Permissive Aggregation Group: The
                        Employer may also include any other plan not required to
                        be included in the Required Aggregation Group, provided
                        the resulting group, taken as a whole, would continue to
                        satisfy the provisions of Code Sections 401(a)(4) and
                        410. Such group shall be known as a Permissive
                        Aggregation Group.

                        In the case of a Permissive Aggregation Group, only a
                        plan that is part of the Required Aggregation Group will
                        be considered a Top Heavy Plan if the Permissive
                        Aggregation Group is a Top Heavy Group. No plan in the
                        Permissive Aggregation Group will be considered a Top
                        Heavy Plan if the Permissive Aggregation Group is not a
                        Top Heavy Group.

                                (3)     Only those plans of the Employer in
                        which the Determination Dates fall within the same
                        calendar year shall be aggregated in order to determine
                        whether such plans are Top Heavy Plans.

                                (4)     An Aggregation Group shall include any
                        terminated plan of the Employer if it was maintained
                        within the last five (5) years ending on the
                        Determination Date.

                        (d)     "Determination Date" means (a) the last day of
                the preceding Plan Year, or (b) in the case of the first Plan
                Year, the last day of such Plan Year.

                        (e)     Present Value of Accrued Benefit: In the case of
                a defined benefit plan, the Present Value of Accrued Benefit for
                a Participant other than a Key Employee, shall be as determined
                using the single accrual method used for all plans of the
                Employer and Affiliated Employers, or if no such single method
                exists, using a method which results in benefits accruing not
                more rapidly than the slowest accrual rate permitted under Code
                Section 41l(b)(l)(C). The determination of the Present Value of
                Accrued Benefit shall be determined as of the most recent
                Valuation Date that falls within or ends with the 12-month
                period ending on the Determination Date except as provided in
                Code Section 416 and the Regulations thereunder for the first
                and second plan years of a defined benefit plan.

                        (f)     "Top Heavy Group" means an Aggregation Group in
                which, as of the Determination Date, the sum of:

                                (1)     the Present Value of Accrued Benefits of
                        Key Employees under all defined benefit plans included
                        in the group, and

                                (2)     the Aggregate Accounts of Key Employees
                        under all defined contribution plans included in the
                        group,

                exceeds sixty percent (60%) of a similar sum determined for all
                Participants.

                                       69
<PAGE>

                                   ARTICLE X

                                  MISCELLANEOUS

        10.1    PARTICIPANT'S RIGHTS

                This Plan shall not be deemed to constitute a contract between
the Employer and any Participant or to be a consideration or an inducement for
the employment of any Participant or Employee. Nothing contained in this Plan
shall be deemed to give any Participant or Employee the right to be retained in
the service of the Employer or to interfere with the right of the Employer to
discharge any Participant or Employee at any time regardless of the effect which
such discharge shall have upon the Employee as a Participant of this Plan.

        10.2    ALIENATION

                        (a)     Subject to the exceptions provided below, and as
                otherwise permitted by the Code and the Act, no benefit which
                shall be payable out of the Trust Fund to any person (including
                a Participant or the Participant's Beneficiary) shall be subject
                in any manner to anticipation, alienation, sale, transfer,
                assignment, pledge, encumbrance, or charge, and any attempt to
                anticipate, alienate, sell, transfer, assign, pledge, encumber,
                or charge the same shall be void; and no such benefit shall in
                any manner be liable for, or subject to, the debts, contracts,
                liabilities, engagements, or torts of any such person, nor shall
                it be subject to attachment or legal process for or against such
                person, and the same shall not be recognized by the Trustee,
                except to such extent as may be required by law.

                        (b)     Subsection (a) shall not apply to a "qualified
                domestic relations order" defined in Code Section 414(p), and
                those other domestic relations orders permitted to be so treated
                by the Administrator under the provisions of the Retirement
                Equity Act of 1984. The Administrator shall establish a written
                procedure to determine the qualified status of domestic
                relations orders and to administer distributions under such
                qualified orders. Further, to the extent provided under a
                "qualified domestic relations order," a former spouse of a
                Participant shall be treated as the spouse or surviving spouse
                for all purposes under the Plan.

                        (c)     Subsection (a) shall not apply to an offset to a
                Participant's accrued benefit against an amount that the
                Participant is ordered or required to pay the Plan with respect
                to a judgment, order, or decree issued, or a settlement entered
                into, on or after August 5, 1997, in accordance with Code
                Sections 401(a)(13)(C) and (D).

                                       70
<PAGE>

        10.3    CONSTRUCTION OF PLAN

                This Plan and Trust shall be construed and enforced according to
the Code, the Act and the laws of the State of Ohio, other than its laws
respecting choice of law, to the extent not pre-empted by the Act.

        10.4    GENDER AND NUMBER

                Wherever any words are used herein in the masculine, feminine or
neuter gender, they shall be construed as though they were also used in another
gender in all cases where they would so apply, and whenever any words are used
herein in the singular or plural form, they shall be construed as though they
were also used in the other form in all cases where they would so apply.

        10.5    LEGAL ACTION

                In the event any claim, suit, or proceeding is brought regarding
the Trust and/or Plan established hereunder to which the Trustee, the Employer
or the Administrator may be a party, and such claim, suit, or proceeding is
resolved in favor of the Trustee, the Employer or the Administrator, they shall
be entitled to be reimbursed from the Trust Fund for any and all costs,
attorney's fees, and other expenses pertaining thereto incurred by them for
which they shall have become liable.

        10.6    PROHIBITION AGAINST DIVERSION OF FUNDS

                        (a)     Except as provided below and otherwise
                specifically permitted by law, it shall be impossible by
                operation of the Plan or of the Trust, by termination of either,
                by power of revocation or amendment, by the happening of any
                contingency, by collateral arrangement or by any other means,
                for any part of the corpus or income of any Trust Fund
                maintained pursuant to the Plan or any funds contributed thereto
                to be used for, or diverted to, purposes other than the
                exclusive benefit of Participants, Former Participants, or their
                Beneficiaries.

                        (b)     In the event the Employer shall make an
                excessive contribution under a mistake of fact pursuant to Act
                Section 403(c)(2)(A), the Employer may demand repayment of such
                excessive contribution at any time within one (1) year following
                the time of payment and the Trustees shall return such amount to
                the Employer within the one (1) year period. Earnings of the
                Plan attributable to the contributions may not be returned to
                the Employer but any losses attributable thereto must reduce the
                amount so returned.

                        (c)     Except for Sections 3.5, 3.6, and 4.1(d), any
                contribution by the Employer to the Trust Fund is conditioned
                upon the deductibility of the contribution by the Employer under
                the Code and, to the extent any such deduction is disallowed,
                the Employer may, within one (1) year following the final
                determination of the disallowance, whether by agreement with the
                Internal Revenue Service or by final decision of a competent
                jurisdiction, demand

                                       71
<PAGE>

                repayment of such disallowed contribution and the Trustee shall
                return such contribution within one (1) year following the
                disallowance. Earnings of the Plan attributable to the
                contribution may not be returned to the Employer, but any losses
                attributable thereto must reduce the amount so returned.

        10.7    EMPLOYER'S AND TRUSTEE'S PROTECTIVE CLAUSE

                The Employer, Administrator and Trustee, and their successors,
shall not be responsible for the validity of any Contract issued hereunder or
for the failure on the part of the insurer to make payments provided by any such
Contract, or for the action of any person which may delay payment or render a
Contract null and void or unenforceable in whole or in part.

        10.8    INSURER'S PROTECTIVE CLAUSE

                Except as otherwise agreed upon in writing between the Employer
and the insurer, an insurer which issues any Contracts hereunder shall not have
any responsibility for the validity of this Plan or for the tax or legal aspects
of this Plan. The insurer shall be protected and held harmless in acting in
accordance with any written direction of the Trustee, and shall have no duty to
see to the application of any funds paid to the Trustee, nor be required to
question any actions directed by the Trustee. Regardless of any provision of
this Plan, the insurer shall not be required to take or permit any action or
allow any benefit or privilege contrary to the terms of any Contract which it
issues hereunder, or the rules of the insurer.

        10.9    RECEIPT AND RELEASE FOR PAYMENTS

                Any payment to any Participant, the Participant's legal
representative, Beneficiary, or to any guardian or committee appointed for such
Participant or Beneficiary in accordance with the provisions of the Plan, shall,
to the extent thereof, be in full satisfaction of all claims hereunder against
the Trustee and the Employer, either of whom may require such Participant, legal
representative, Beneficiary, guardian or committee, as a condition precedent to
such payment, to execute a receipt and release thereof in such form as shall be
determined by the Trustee or Employer.

        10.10   ACTION BY THE EMPLOYER

                Whenever the Employer under the terms of the Plan is permitted
or required to do or perform any act or matter or thing, it shall be done and
performed by a person duly authorized by its legally constituted authority.

        10.11   NAMED FIDUCIARIES AND ALLOCATION OF RESPONSIBILITY

                The "named Fiduciaries" of this Plan are (1) the Employer, (2)
the Administrator, (3) the Trustee and (4) any Investment Manager appointed
hereunder. The named Fiduciaries shall have only those specific powers, duties,
responsibilities, and obligations as are specifically given them under the Plan
including, but not limited to, any agreement allocating or delegating their
responsibilities, the terms of which are incorporated herein by reference. In
general, the Employer shall have the sole responsibility for making the
contributions provided for under

                                       72
<PAGE>

Section 4.1; and shall have the authority to appoint and remove the Trustee and
the Administrator; to formulate the Plan's "funding policy and method"; and to
amend or terminate, in whole or in part, the Plan. The Administrator shall have
the sole responsibility for the administration of the Plan, including, but not
limited to, the items specified in Article II of the Plan, as the same may be
allocated or delegated thereunder. The Trustee shall have the sole
responsibility of management of the assets held under the Trust, except to the
extent directed pursuant to Article II or with respect to those assets, the
management of which has been assigned to an Investment Manager, who shall be
solely responsible for the management of the assets assigned to it, all as
specifically provided in the Plan. Each named Fiduciary warrants that any
directions given, information furnished, or action taken by it shall be in
accordance with the provisions of the Plan, authorizing or providing for such
direction, information or action. Furthermore, each named Fiduciary may rely
upon any such direction, information or action of another named Fiduciary as
being proper under the Plan, and is not required under the Plan to inquire into
the propriety of any such direction, information or action. It is intended under
the Plan that each named Fiduciary shall be responsible for the proper exercise
of its own powers, duties, responsibilities and obligations under the Plan as
specified or allocated herein. No named Fiduciary shall guarantee the Trust Fund
in any manner against investment loss or depreciation in asset value. Any person
or group may serve in more than one Fiduciary capacity.

        10.12   HEADINGS

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

        10.13   APPROVAL BY INTERNAL REVENUE SERVICE

                Notwithstanding anything herein to the contrary, if, pursuant to
an application for qualification filed by or on behalf of the Plan by the time
prescribed by law for filing the Employer's return for the taxable year in which
the Plan is adopted, or such later date that the Secretary of the Treasury may
prescribe, the Commissioner of Internal Revenue Service or the Commissioner's
delegate should determine that the Plan does not initially qualify as a
tax-exempt plan under Code Sections 401 and 501, and such determination is not
contested, or if contested, is finally upheld, then if the Plan is a new plan,
it shall be void ab initio and all amounts contributed to the Plan by the
Employer, less expenses paid, shall be returned within one (1) year and the Plan
shall terminate, and the Trustee shall be discharged from all further
obligations. If the disqualification relates to an amended plan, then the Plan
shall operate as if it had not been amended.

        10.14   UNIFORMITY

                All provisions of this Plan shall be interpreted and applied in
a uniform, nondiscriminatory manner. In the event of any conflict between the
terms of this Plan and any Contract purchased hereunder, the Plan provisions
shall control.

                                       73
<PAGE>

        IN WITNESS WHEREOF, this Plan has been executed the day and year first
above written.

                                         The Cheviot Building and Loan Co.

                                         By   /s/ Thomas J. Linneman
                                           ---------------------------------
                                              EMPLOYER

                                              /s/ Thomas J. Linneman
                                         -----------------------------------
                                         TRUSTEE

                                              /s/ Scott T. Smith
                                         -----------------------------------
                                         TRUSTEE

                                              /s/ Kevin M. Kappa
                                         -----------------------------------
                                         TRUSTEE

                                       74<PAGE>

                                  AMENDMENT TO
                        THE CHEVIOT BUILDING AND LOAN CO.
                     401(k) RETIREMENT SAVINGS PLAN & TRUST

        The Cheviot Building and Loan Co. 401(k) Retirement Savings Plan & Trust
(the "Plan") is hereby amended, in order to reflect a change in the name of the
employer that sponsors the Plan and to permit the investment of Plan assets in
common shares of such employer's parent corporation, in the following respects:

        1.      The name of the Plan, and each reference to the Plan's name that
is contained in the Plan, is amended, effective as of November 20, 2003, to be
the "Cheviot Savings Bank 401(k) Retirement Savings Plan".

        2.      Section 1.15 of the Plan is amended in its entirety, effective
as of November 20, 2003, to read as follows:

                1.15    "Employer" means Cheviot Savings Bank (which, prior to
        April 1, 2003, was named The Cheviot Building and Loan Co.), or any
        legal successor thereto. In addition, any legal predecessor to the
        Employer shall also be considered the Employer for purposes of this Plan
        during the period of time such predecessor maintained the Plan.

        3.      The Cheviot Building and Loan Co. 401(k) Retirement Savings Plan
& Trust (the "Plan") is amended, effective as of November 20, 2003, by adding a
new Section 10.15 reading as follows to the end of the Plan.

                10.15   INVESTMENT IN COMMON SHARES OF EMPLOYER'S PARENT
        CORPORATION. To the extent and only to the extent directed by a
        Participant pursuant to the Participant Direction Procedures and Section
        4.12, the Plan shall acquire and hold, for the Participant's Combined
        Account, common shares of Cheviot Financial Corp. (the "Parent"), which
        owns 100% of the shares of the Employer. The investment of any
        Participant's Combined Account in the Parent's common shares may be
        effected by allocating specific common shares of the Parent to such
        account or by allocating an interest in an investment fund that invests
        substantially all of its assets in the Parent's common shares, as
        determined by the Administrator in its discretion, and in accordance
        with reasonable administrative procedures promulgated by the
        Administrator. Up to 100% of the Plan's assets may be invested in the
        Parent's common shares pursuant to the provisions of this Section 10.15.

<PAGE>

        IN ORDER TO EFFECT THE PLAN CHANGES PROVIDED HEREIN, Cheviot Savings
Bank, the current sponsor of the Plan, has caused its name to be subscribed to
this Plan amendment.

                                       CHEVIOT SAVINGS BANK

                                       By: /s/ Thomas J. Linneman
                                          --------------------------

                                       Title: President
                                             -----------------------

                                       Date: November 20, 2003
                                            ------------------------

                                       2

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