Document:

EXHIBIT 10.2

                      OSHKOSH B'GOSH, INC.
                          PENSION PLAN

           As Amended and Restated on November 6, 2001

 Generally Effective:  January 1, 1998 (unless otherwise stated)

                        TABLE OF CONTENTS

                                                            Page

INTRODUCTION						      1

CHAPTER I   DEFINITIONS                                       1

CHAPTER II  ELIGIBILITY AND PARTICIPATION                    10
     2.01   Eligibility                                      10
     2.02   Re-Employment                                    10
     2.03   Exclusion of Collective Bargaining Employees     10
     2.04   Change in Participant Status                     10
     2.05   Employees Not in Eligible Class                  10

CHAPTER III CONTRIBUTIONS                                    10
     3.01   Employer Contributions                           10
     3.02   Funding Policy                                   11
     3.03   Employee Contributions                           11

CHAPTER IV  RETIREMENT BENEFITS                              11
     4.01   Normal Retirement Benefit                        11
     4.02   Early Retirement                                 12
     4.03   Late Retirement                                  12
     4.04   Non-Duplication of Benefit                       13
     4.05   Re-Employment                                    13

CHAPTER V   BENEFIT LIMITATIONS                              13
     5.01   Definitions                                      13
     5.02   General Limitations                              15
     5.03   Less Than 10 Years                               16
     5.04   Limitations if Participant in Other Plan(s)      16

CHAPTER VI  PRE-RETIREMENT DEATH BENEFITS                    17
     6.01   Death Benefits                                   17
     6.02   Death Benefit Limitations                        17
     6.03   Pre-Retirement Death Benefit for Surviving
            Spouse; Post-Retirement Death Benefits           17

CHAPTER VII OTHER TERMINATION AND VESTING                    17
     7.01   Full Vesting Dates                               17
     7.02   Vesting Schedule                                 17
     7.03   Commencement of Benefits                         18
     7.04   Forfeiture                                       18
     7.05   Resumption of Participation                      18

CHAPTER VIIIPAYMENT OF BENEFITS                              18
     8.01   Commencement of Benefits                         18
     8.02   Automatic Joint and Survivor Benefits            19
     8.03   Optional Forms of Payment                        20
     8.04   Incidental Death Benefits                        21
     8.04A  New Minimum Distribution Regulations             22
     8.05   Transfers                                        22
     8.06   No Other Benefits                                22
     8.07   Direct Rollover                                  22

CHAPTER IX  DESIGNATION OF BENEFICIARY                       24
     9.01   Beneficiary Designation; Election of Non-Spouse
            Beneficiary                                      24
     9.02   Priority If No Designated Beneficiary            25

CHAPTER X   TOP-HEAVY PROVISIONS                             25
     10.01  Provisions Will Control                          25
     10.02  Definitions                                      25
     10.03  Minimum Accrued Benefit                          28
     10.04  Adjustment for Benefit Form Other Than Life
            Annuity                                          29
     10.05  Nonforfeitability of Minimum Accrued Benefit     29
     10.06  Minimum Vesting Schedules                        29
     10.07  Compensation Limitation                          29

CHAPTER XI  AMENDMENT OF THE PLAN                            30
     11.01  Amendment by Employer                            30
     11.02  Conformance to Law                               30
     11.03  Merger, Consolidation, or Transfer               31

CHAPTER XII TERMINATION OF THE PLAN                          31
     12.01  Right to Terminate                               31
     12.02  Termination Priorities                           31
     12.03  Reversion to Employer                            32
     12.04  Subsequent Benefit Payments                      32

CHAPTER XIIICLAIMS PROCEDURE                                 32
     13.01  Written Claim                                    32
     13.02  Claim Denial                                     32
     13.03  Request for Review of Denial                     33
     13.04  Decision on Review                               33
     13.05  Additional Time                                  33

CHAPTER XIV CONTRIBUTION AND BENEFIT LIMITS TO HIGH PAID
            EMPLOYEES                                        33
     14.01  When Applicable                                  33
     14.02  Limitations                                      33
     14.03  Limitations if Plan Amended                      34
     14.04  Alternate Limitations                            34

CHAPTER XV  MISCELLANEOUS PROVISIONS                         35
     15.01  Reversion of Assets                              35
     15.02  Equitable Adjustment                             35
     15.03  Reasonable Compensation                          35
     15.04  Indemnification                                  35
     15.05  Protection From Loss                             35
     15.06  Protection From Liability                        36
     15.07  Adoption of Rules and Procedures                 36
     15.08  Assignment of Benefits                           36
     15.09  Mental Competency                                36
     15.10  Authentication                                   37
     15.11  Not an Employment Contract                       37
     15.12  Appointment of Auditor                           37
     15.13  Uniform Treatment                                37
     15.14  Interpretation                                   37
     15.15  Plural and Gender                                37
     15.16  Headings                                         37
     15.17  Expenses                                         37
     15.18  Prevention of Escheat                            37
     15.19  Special Provisions Respecting Military Service   38
     15.20  Participation of Affiliated Employers            38

CHAPTER XVI EGTRRA PROVISIONS                                38
     16.01  Adoption and Effective Date of Amendment         38
     16.02  Supersession of Inconsistent Provisions          38
     16.03  Increase in Compensation Limit                   38
     16.04  Modification of Top-Heavy Rules                  39
     16.05  Direct Rollovers of Plan Distributions           40

                          INTRODUCTION

     The validity, construction, and all rights granted under
this Plan and Trust will be governed, interpreted, and
administered by the laws of the United States under the Employee
Retirement Income Security Act of 1974 (ERISA, as it may be
amended) and the Internal Revenue Code of 1986 (the Internal
Revenue Code, as it may be amended).  However, regardless of the
preceding, to the extent that ERISA and/or the Internal Revenue
Code do not preempt local law, the Plan and Trust will be
governed, interpreted, construed, and enforced according to the
laws of the State of Wisconsin.

     If the U.S. Department of Labor or the Internal Revenue
Service, or both, determines at any time that this Plan does not
meet these requirements or that it is being administered or
interpreted in a manner inconsistent with these requirements, the
Employer may either make the appropriate amendments or
adjustments, or both, which may be retroactive, to correct the
situation, or terminate the Plan.

     If any provisions of the Plan and Trust are held to be
invalid or unenforceable, the remaining provisions will continue
to be fully effective.

                            CHAPTER I

                           DEFINITIONS

     1.01 Unless the context requires otherwise, the capitalized terms
defined below will have the following meanings throughout this
Plan when capitalized:

          (a)  Accrued Benefit means a Participant's Normal Retirement
     Benefit earned under the Plan payable at a Participant's Normal
     Retirement Date based on his Years of Benefit Service and monthly
     Compensation up to the date for which the Accrued Benefit is
     being determined.

          Unless otherwise provided under the Plan, each Section
     401(a)(17) employee's Accrued Benefit under this Plan will
     be the greater of the Accrued Benefit determined for the
     employee under (1) or (2) below:

                (1)  the employee's Accrued Benefit determined with respect to
          the benefit formula applicable for the Plan Year beginning on or
          after January 1, 1994, as applied to the employee's total years
          of service taken into account under the Plan for the purposes of
          benefit accruals, or

		(2)  the sum of:
                    a.   the employee's Accrued Benefit as of the last day
               of the last Plan Year beginning before January 1, 1994, frozen
               in accordance with Section 1.401(a)(4)-13 of the regulations,
               and

		    b.   the employee's Accrued Benefit determined under the
benefit formula applicable for the Plan Year beginning on or after
January 1, 1994, as applied to the employee's years of service
credited to the employee for the Plan Years beginning on or after
January 1, 1994, for purposes of benefit accruals.

               A Section 401(a)(17) employee means an employee
          whose current Accrued Benefit as of a date on or after
          the first day of the first Plan Year beginning on or
          after January 1, 1994, is based on Compensation for a
          year beginning prior to the first day of the first Plan
          Year beginning on or after January 1, 1994, that
          exceeded $150,000.

	(b)  Actuary is any person or firm selected by the Employer (as
     provided by applicable law) to make calculations required by law
     or otherwise desired to be made under the Plan.  The Actuary is
     also responsible for calculating the Actuarial Equivalents
     required by the Plan in accordance with generally accepted
     actuarial principles.  An Actuary may be removed by the Employer
     or resign at any time by written notice.

	(c)  Actuarial Equivalent.  Two benefits are said to be Actuarial
Equivalents if they have the same present value as determined by
the Actuary in accordance with generally accepted actuarial
principles applied in a uniform and nondiscriminatory manner.
The actuarial assumptions to be used in determining Actuarial
Equivalents are as follows:

		(1)  For purposes of the small amount cash-out provision of
          Section 8.01 (relating to amounts not in excess of $3,500,
          changing to $5,000 on January 1, 2002) and for purposes of any
          lump sum payment which may become due because of the
          pre-retirement death of the Participant, the actuarial
          assumptions to be used shall be the "applicable mortality table"
          and the "applicable interest rate."  The term "applicable
          mortality table" means the table prescribed by the IRS from time
          to time under Section 417(e)(3) of the Code.  The term
          "applicable interest rate" means the annual rate of interest on
          30-year Treasury securities as published by the IRS for the
          second full calendar month preceding the calendar month that
          contains the annuity starting date (distribution date).  However,
          at any time on or after July 1, 1998, the single sum distribution
          payable under such small account cash-out provision or because of
          the pre-retirement death of the Participant must be no less than
          the single sum distribution calculated using the Unisex Pension
          1984 Mortality Table and an interest rate of 5.5%, based upon the
          Participant's Accrued Benefit under the Plan through June 30,
          1997 and based upon the Participant's age on the annuity starting
          date (distribution date) or the date of death.

		(2)  For purposes of any lump sum payment under the provisions
of Section 8.03(d), excluding only any lump sum payment which may
become due because of the pre-retirement death of the
Participant, the actuarial assumptions to be used shall be the
"applicable mortality table" and the "applicable interest rate,"
as such terms are defined in subsection (1) above.

		(3)  For purposes of optional forms of payment, in circumstances
other than those covered by the special rules set forth in
paragraphs (1) and (2) above, the actuarial assumptions to be
used are the Unisex Pension 1984 Mortality Table and 5.5%
interest; provided, however, that in no event may the interest
rate exceed the PBGC rates in effect at the date of distribution.

		(4)  For purposes of the benefit increase covered in Plan Section
4.03, the actuarial assumptions to be used are the Unisex Pension
1984 Mortality Table and 5.5% interest; provided, however, that
in no event may the interest rate exceed the PBGC rates in effect
at the date of distribution.

         (d)  Affiliated Employer.  Affiliated Employer means each
     corporation which is included as a member of a controlled group
     with the Employer, and trades and businesses whether or not
     incorporated, which are under common control by or with the
     Employer within the meanings of Sections 414(b) and (c) of the
     Internal Revenue Code of 1986, or any amendments thereof.
     Further, the term shall include any members of the same
     "affiliated service group" within the meaning of Code Section
     414(m) and any other entity required to be aggregated with the
     Employer under Code Section 414(o).

	(e)  Annuity Starting Date means the first day of the first
period for which an amount is payable as an annuity or in any
other form, all as provided in Section 417(f) of the Code and
regulations thereunder.

	(f)  Beneficiary is the person or entity designated in Chapter IX
to receive any death benefits of a Participant which become
payable under the Plan.

	(g)  Break in Service shall mean as to any Participant who, as of
December 31, 1988 or earlier, had incurred a One Year Break in
Service after termination of employment.  A One Year Break in
Service means a Plan Year in which the Employee does not complete
an aggregate of more than 500 Hours of Service with the Employer
or Affiliated Employers.

          As to any Participant who, as of December 31, 1988 or
     earlier, has not incurred a Break in Service under the rules
     then in existence, and as to terminations of employment on
     and after January 1, 1989, a Break in Service shall be any
     subsequently ending and consecutive five One Year Breaks in
     Service.

          Special provisions with respect to military service are
     contained in Section 15.19 hereof.

        (h)  Code means the Internal Revenue Code of 1986, as amended and
     as it may be amended.

	(i)  Committee is the organization appointed by the Board of
Directors of the Employer (which may name itself as the
Committee) for purposes of overseeing the administration of the
Plan, and performing any other duties specified in this Plan.  A
Committee member may resign or be removed at any time by the
Board of Directors of the Employer by written notice.  To assist
it in its duties, the Committee may employ agents or legal
counsel.

          Any such Committee may in its regulations or by action
     delegate the authority to any one or more of its members to
     take any action on behalf of the Committee and as to such
     actions, no meetings or unanimous consent shall be required.
     The Committee may also act at a meeting or by its unanimous
     written consent.  A majority of the members of the Committee
     shall constitute a quorum for the transaction of business
     and shall have full power to act hereunder.  All decisions
     shall be made by vote of the majority present at any meeting
     at which a quorum is present, except for actions in writing
     without a meeting which must be unanimous.  The Committee
     may appoint a Secretary who may, but need not, be a member
     of the Committee.  The Committee may adopt such bylaws and
     regulations as it deems desirable for the conduct of its
     affairs.  Any absent Committee member, and any dissenting
     Committee member who (at the time of the making of any
     decision by the majority) registers his dissent in writing
     delivered at that time to the other Committee members, shall
     be immune to the fullest extent permitted by law from any
     and all liability occasioned by or resulting from the
     decision of the majority.  All rules and decisions of the
     Committee shall be uniformly and consistently applied to all
     persons in similar circumstances.  The Committee shall be
     entitled to rely upon the records of the Employer or any
     Affiliated Employer as to information pertinent to
     calculations or determinations made pursuant to the Plan.  A
     member of the Committee may not vote or decide upon any
     matter relating solely to himself or vote in any case in
     which his individual right of claim to any benefit under the
     Plan is particularly involved.  If, in any case in which a
     Committee member is so disqualified to act, the remaining
     members cannot agree, then, the President of the Employer
     will appoint a temporary substitute member to exercise all
     of the powers of the disqualified member concerning the
     matter in which that member is disqualified to act.

          In the event a dispute arises under the Plan and Trust,
     the Committee will be the authorized agent for the service
     of legal process.

          (j)  Compensation is the quotient of total wages, salaries, fees
     and other amounts received for a particular Plan Year (without
     regard to whether or not an amount is paid in cash) for personal
     services actually rendered in the course of employment by the
     Participant from a Participating Employer to the extent that the
     amounts are includable in gross income (or such Compensation paid
     or accrued for Plan Years prior to January 1, 1991), and
     including any elective contributions not otherwise includable in
     income under a Code Section 125 cafeteria plan or Section 401(k)
     plan, but excluding reimbursements or other allowances, fringe
     benefits (cash and noncash, including, without limitation, any
     income arising in connection with any stock options, restricted
     stock or other equity based incentives relating to stock of the
     Employer), moving expenses, deferred compensation and welfare
     benefits, divided by 12 (or the number of actual completed
     calendar months for purposes of the first or last Plan Years of
     employment).

          Effective as of January 1, 2001, for Employees who are
     salespersons receiving any commissions during the Plan Year,
     no more than $50,000 of Compensation while so employed (as
     adjusted under Code Section 414(q)(1)(C); $54,480 in 1989,
     $56,990 in 1990, $60,535 in 1991, $62,345 in 1992, $64,245
     in 1993, and $66,000 in 1994, 1995 and 1996, and changing
     for 1997 to the limit represented in Code Section
     414(q)(1)(B) which was $80,000, and as adjusted thereafter)
     will be used for purposes of determining benefits under the
     Plan.  This restriction shall not apply to national account
     executives or sales employees with a security code
     classification of 710.

          Notwithstanding any provision of the Plan to the
     contrary, prior to January 1, 1989, "Compensation" will be
     determined under the terms of the Plan then in effect;
     provided, however, that with respect to any Employee with an
     Hour of Service after December 31, 1988, a special rule will
     apply.  For any given Plan Year commencing on or after
     January 1, 1989, if such Employee is not a "Highly
     Compensated Employee" (within the meaning of Code Section
     414(q)) during such Plan Year, then the five year average
     monthly Compensation will be determined without regard to
     (i) the adjusted $50,000 limit provided above, and (ii) the
     Compensation limitations that were applicable to
     salespersons under the terms of the Plan as in effect prior
     to January 1, 1989, for each prior Plan Year during which
     the Employee was not a Highly Compensated Employee.

          However, for any Plan Year beginning after December 31,
     1988, Compensation in excess of $200,000 (as adjusted as
     permitted under Code Section 401(a)(17) from time to time)
     shall be disregarded.

          In addition to other applicable limitations set forth
     in the Plan, and notwithstanding any other provision of the
     Plan to the contrary, for Plan Years beginning on or after
     January 1, 1994, the annual Compensation of each employee
     taken into account under the plan shall not exceed the OBRA
     `93 annual compensation limit.  The OBRA `93 annual
     compensation limit is $150,000, as adjusted by the
     Commissioner for increases in the cost of living in
     accordance with Section 401(a)(17)(B) of the Internal
     Revenue Code.  The cost-of-living adjustment in effect for a
     calendar year applies to any period, not exceeding 12
     months, over which compensation is determined (determination
     period) beginning in such calendar year.  If a determination
     period consists of fewer than 12 months, the OBRA `93 annual
     compensation limit will be multiplied by a fraction, the
     numerator of which is the number of months in the
     determination period, and the denominator of which is 12.

          For Plan Years beginning on or after January 1, 1994,
     any reference in this plan to the limitation under Section
     401(a)(17) of the Code shall mean the OBRA `93 annual
     compensation limit set forth in this provision.

          If Compensation for any prior determination period is
     taken into account in determining an Employee's benefits
     accruing in the current Plan Year, the Compensation for that
     prior determination period is subject to the OBRA `93 annual
     compensation limit in effect for that prior determination
     period.  For this purpose, for determination periods
     beginning before the first day of the first Plan Year
     beginning on or after January 1, 1994, the OBRA `93 annual
     compensation limit is $150,000.

          However, for special rules with respect to the
     application of increases in Compensation limits due to
     EGTRRA, reference is made to Section 16.03 of the Plan.

        (k)  Date of Employment means:

                (1)  the day on which the Employee performs his first Hour of
          Service on or after the date on which he is employed by the
          Employer or an Affiliated Employer, or

		(2)  the date on which the Employee performs his first Hour of
Service on or after the date on which he is re-employed following
a Break in Service.

        (l)  Disability is any impairment which arises before a
     Participant's termination of employment with the Employer or an
     Affiliated Employer which may be expected to be of a long
     continued duration or which may be expected to result in death
     and which prevents him from satisfactorily performing his duties
     with the Employer or an Affiliated Employer.  Determination of
     such Disability will be made by a physician selected by the
     Committee.

	(m)  Early Retirement occurs on the first day of any month
coinciding with or next following the Early Retirement Date of a
Participant in which he incurs a Termination of Employment,
provided he has not then attained his Normal Retirement Date.

	(n)  Early Retirement Date is the date on which the Participant
has attained the age of 60 and completed 5 years of Vesting
Service.

	(o)  Effective Date of the Plan is January 1, 1947.  The
Effective Date of this amendment and restatement is January 1,
1998, unless otherwise provided herein.

	(p)  Employee is any person employed directly by the Employer or
an Affiliated Employer and for whom the Employer or an Affiliated
Employer pays Social Security taxes and who in each case is not
excluded by the provisions of Section 2.03 hereof relating to
collective bargaining employees.  "Leased employees" as defined
in Code Section 414(n) shall not be eligible to participate in
the Plan although it is recognized that such leased employees, if
any, must be treated as employees of the Employer or an
Affiliated Employer for purposes of certain nondiscrimination,
coverage, and other rules under the Code.  Also excluded is any
person who is classified by the Employer or an Affiliated
Employer as other than as an Employee, for the entire period of
such classification, without regard to any subsequent
reclassification which may occur by operation of law or
otherwise.

          It is recognized that the definition of an eligible
     "Employee" was significantly expanded as to certain classes
     of Employees (the "Newly Included Group") by amendment to
     this Plan effective as of January 1, 1989.  Notwithstanding
     any other provisions of this Plan, individuals in the Newly
     Included Group shall have all past periods of service with
     the Employer counted as Years of Eligibility and Vesting
     Service for purposes of this Plan.  Such past service shall
     also be counted as Years of Benefit Service for purposes of
     this Plan, except for Years covered under another private
     defined benefit pension plan sponsored by the Employer.

        (q)  Employer is OshKosh B'Gosh, Inc. and any successor
     corporation by merger, purchase, or otherwise.

	(r)  Employment Year means a 12-month period following an
Employee's most recent Date of Employment.

	(s)  Hours of Service means any of the following hours (assuming
a 190 hour month for any Employee not employed on an hourly basis
who works one hour during the month):

                (1)  Each hour for which an Employee is paid, or entitled to
          payment, for the performance of duties for the Employer.  These
          hours will be credited to the Employee for the computation period
          in which the duties are performed; and

		(2)  Each hour for which an Employee is paid, or entitled to
payment, by the Employer on account of a period of time during
which no duties are performed (irrespective of whether the
employment relationship has terminated) due to vacation, holiday,
illness, incapacity (including disability), layoff, jury duty,
military duty or leave of absence.  No more than 501 Hours of
Service will be credited under this paragraph for a single
computation period (whether or not the period occurs in a single
computation period).  Hours under this paragraph will be
calculated and credited pursuant to Section 2530.200b-2 of the
Department of Labor Regulations which are incorporated herein by
this reference; and

		(3)  Each hour for which back pay, irrespective of mitigation of
damages, is either awarded or agreed to by the Employer.  The
same Hours of Service will not be credited both under (1) or (2)
above, as the case may be, and under this definition (3).  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.

          For purposes of determining whether a One Year Break in
     Service has occurred for participation and vesting purposes,
     an employee who is absent from work (i) by reason of her
     pregnancy, (ii) by reason of the birth of a child of the
     employee, (iii) by reason of the placement of a child in
     connection with the adoption of the child by the Employee or
     (iv) for purposes of caring for the child during the period
     immediately following the birth or placement for adoption,
     Hours of Service shall be credited according to the
     following rule.  During the period of absence, the Employee
     shall be deemed to have completed the number of hours that
     normally would have been credited but for the absence.  If
     the normal work hours are unknown, eight hours of service
     shall be credited for each normal workday during the leave.
     Provided, however, the total number of Hours of Service
     required by this paragraph to be treated as completed for
     any period shall not exceed 501.  The Hours of Service to be
     credited under this Section shall be credited in the year in
     which the absence begins if such crediting is necessary to
     prevent a One Year Break in Service in that year or in the
     following year.

          Hours of Service will also be credited for any
     individual considered an Employee under Section 414(n).

          If records of employment with respect to an Employee's
     service with the Employer before the effective date of this
     restatement are insufficient to determine his exact Hours of
     Service, the Committee will make reasonable estimates of
     said Hours of Service based on such records of employment.
     Any such Hours of Service estimates will be made in a
     uniform, nondiscriminatory manner and will be binding on all
     Employees.

          Hours of Service attributable to employment with the
     Employer and any Affiliated Employer shall be counted for
     all purposes of this Plan, except for the determination of
     Years of Benefit Service under Section 1.01(ii), which
     credits only Hours of Service accrued while an Employee in
     the service of a Participating Employer.

        (t)  Joint and Survivor Annuity is an annuity for the life of the
     Participant, with a survivor annuity for the life of a
     Participant's spouse which is 50% of the amount of the annuity
     payable for the life of the Participant and which is the
     Actuarial Equivalent of the Normal Form of Benefit.

	(u)  Non-Vested or Forfeited means that portion of a benefit to
which a Participant would not be entitled under Section 7.02 if
he incurred a Termination of Employment.

	(v)  Normal Form of Benefit is a benefit payable monthly for the
life of a Participant with no benefits payable to a Beneficiary
upon the Participant's death.

	(w)  Normal Retirement Date is the first of the month coinciding
with or next following the Participant's attainment of age 65.  A
Participant will be fully Vested at age 65.

	(x)  Normal Retirement Benefit is the monthly benefit described
in Section 4.01 payable beginning the first of the month
following the Normal Retirement Date.

	(y)  Participant is an Employee who has met the eligibility
requirements of Chapter II.

	(z)  Participating Employer means the Employer and any Affiliated
Employer authorized by the Employer to participate in this Plan,
by extending the same to such Affiliated Employer's eligible
Employees.

	(aa) Plan means the OshKosh B'Gosh, Inc. Pension Plan as it may
be amended from time to time.

	(bb) Plan Administrator is OshKosh B'Gosh, Inc.

	(cc) Plan Year is January 1 to December 31.

	(dd) Termination of Employment of an Employee for purposes of the
Plan shall be deemed to occur upon his resignation, discharge,
retirement, death, disability, failure to return to active work
at the end of an authorized leave of absence, or the authorized
extension or extensions thereof, failure to return to work when
duly called following a temporary layoff, failure to return from
military service within the time prescribed by any law protecting
employment rights, or upon the happening of any other event or
circumstance, which, under the policy of the Employer or an
Affiliated Employer, as in effect from time to time, results in
the termination of the employer/employee relationship.

	(ee) Trust means the OshKosh B'Gosh, Inc. Pension Trust as it may
be amended from time to time.

	(ff) Trustee is the person(s), corporation, or combination
thereof, and any duly appointed successor or successors, named as
Trustee in the Trust document.

	(gg) Trust Fund is the total of contributions made to the Trust,
increased by profits, income, refunds, and other recoveries
received, and decreased by losses and expenses incurred, and
benefits paid.

	(hh) Vested is that portion of an Accrued Benefit to which a
Participant has a nonforfeitable right.

	(ii) Year of Benefit Service for an Employee means a Plan Year
during which he completes at least 1,000 Hours of Service in the
employ of a Participating Employer.  In the event that a
Participant is not employed for the entire Plan Year, a partial
Year of Benefit Service will be earned as follows:

          Number of Hours of Service  Year of Benefit Service
              During a Plan Year

                1,000 or more                   1.0
           900 but less than 1,000               .9
            800 but less than 900                .8
            700 but less than 800                .7
            600 but less than 700                .6
            500 but less than 600                .5
            400 but less than 500                .4
            300 but less than 400                .3
            200 but less than 300                .2
            100 but less than 200                .1
                less than 100                    0

          Years of Benefit Service prior to January 1, 1984 will
     be determined according to the provisions of the Plan in
     effect prior to January 1, 1984.

          Effective January 1, 1991, Employees at the Employer's
     McEwen facility who become Participants under Section 2.01
     may earn a Year of Benefit Service or a partial Year of
     Benefit Service under the above definition.

        (jj) Year of Eligibility Service is the Employment Year of an
     Employee, provided he completes at least 1,000 Hours of Service
     during such Employment Year.  For an Employee who does not
     compete at least 1,000 Hours of Service in his Employment Year, a
     Year of Eligibility Service is a Plan Year, starting with the
     Plan Year next following his Date of Employment, during which he
     completes at least 1,000 Hours of Service.

	(kk) Year of Vesting Service is any Plan Year, starting with the
Plan Year in which an Employee is hired by the Employer or an
Affiliated Employer during which such Employee completes at least
1,000 Hours of Service.

                           CHAPTER II

                  ELIGIBILITY AND PARTICIPATION

     2.01 Eligibility.  On and after January 1, 1989, each Employee of
a Participating Employer will become a Participant in the Plan
the first of the month coincident with or next following:

        (a)  his attainment of at least age 21; and

	(b)  his completion of one Year of Eligibility Service.

     Effective May 21, 1991, this Plan is merged with the OshKosh
B'Gosh, Inc. McEwen Hourly Employees' Pension Plan (the "McEwen
Plan").  Employees participating in the McEwen Plan on May 20,
1991, will become Participants in this Plan on May 21, 1991.
Otherwise, Employees at the McEwen facility will become
Participants in this Plan as provided in this Section 2.01.

     2.02 Re-Employment.  Notwithstanding the provisions of Section
2.01, any Participant who terminated employment with a
Participating Employer after the effective date of this
restatement, and is later rehired, shall again become eligible to
become a Participant on his most recent Date of Employment.

     2.03 Exclusion of Collective Bargaining Employees.  An Employee
who is covered by a collective bargaining agreement to which a
Participating Employer is a party will not be eligible to
participate in this Plan unless that collective bargaining
agreement specifically provides for coverage of such Employees
under this Plan.

     2.04 Change in Participant Status.  In the event a Participant is
no longer a member of the eligible class of Employees and becomes
ineligible to participate, such employee will participate
immediately upon returning to the eligible class of Employees.

     2.05 Employees Not in Eligible Class.  In the event an employee
who is not a member of the eligible class of Employees becomes a
member of the eligible class, such employee will participate
immediately if such employee has satisfied the minimum age and
service requirements and would have otherwise previously become a
Participant.

                           CHAPTER III

                          CONTRIBUTIONS

     3.01 Employer Contributions.  Upon advice from the Actuary, the
Participating Employers will contribute from time to time amounts
sufficient to fund the benefits under the Plan and Trust.  Such
contributions will be paid over to the Trustees of the Trust
Fund.  To the extent any contributions are not deductible under
Code Section 404, such contributions shall be returned to the
Participating Employers.

     3.02 Funding Policy.  In order to implement and carry out the
provisions of the Plan and finance the benefits under the Plan,
the Employer will establish and maintain a funding policy with
respect to the Trust Fund in a manner consistent with applicable
law.

     3.03 Employee Contributions.  Employee contributions are not
permitted under this Plan.

                           CHAPTER IV

                       RETIREMENT BENEFITS

     4.01 Normal Retirement Benefit.

        (a)  A Participant who retires from a Participating Employer on
     his Normal Retirement Date is entitled to a monthly Normal
     Retirement Benefit, payable in the Normal Form of Benefit, in an
     amount equal to the sum of 1% of the Participant's five-year
     average monthly compensation (the average of any five consecutive
     Plan Years or if the actual number of such Years is less than
     five, the average based on the number of completed months, which
     produce the highest average) multiplied by his Years of Benefit
     Service.

	(b)  A Participant who terminates from employment before
January 1, 1992, and who was transferred by the Employer from
employment covered by another pension plan of the Employer to
employment covered by this Plan, will have his retirement
benefits calculated based on his Years of Benefit Service earned
after his date of transfer.

	(c)  A Participant who terminates on or after January 1, 1992,
but before January 1, 1993, and who was transferred by the
Employer from employment covered by another pension plan of the
Employer to employment covered by this Plan, will have his
retirement benefits determined as follows:  the Normal Retirement
Benefit will be the greater of the amount determined under
paragraph (a) of this Section 4.01 (based on his Years of Benefit
Service earned after his date of transfer) or an amount equal to
the product of (1) times (2), with such product reduced by (3),
as follows:

                (1)  the unit benefit (e.g., the dollar amount that is
          multiplied by Years of Benefit Service), as of the Employee's
          Termination of Employment from this Plan, payable from the plan
          under which the Employee was covered prior to the transfer;

		(2)  the Employee's total Years of Benefit Service (including
service under the plan which the Employee was covered prior to
the transfer);

		(3)  the actual benefit payable from the plan under which the
Employee was covered prior to the transfer.

        (d)  A Participant who terminates from employment on or after
     January 1, 1993, and who, before January 1, 1989, was transferred
     by the Employer from employment covered by another pension plan
     of the Employer to employment covered by this Plan, will have his
     retirement benefits calculated based on all of his Years of
     Benefit Service earned including employment covered by the other
     pension plan.

	(e)  A Participant who terminates on or after January 1, 1993,
and who, on or after January 1, 1989, was transferred by the
Employer from employment covered by another pension plan of the
Employer to employment covered by this Plan, will have his
retirement benefits determined under paragraph (c) of this
Section 4.01.

	(f)  The retirement benefits under this Plan of an Employee who
is transferred by the Employer from employment covered by this
Plan to employment covered by another pension plan of an
Affiliated Employer, will be calculated up to his date of
transfer.

	(g)  Effective May 21, 1991, this Plan and the McEwen Plan are
merged.  Any Accrued Benefit earned under the terms of the McEwen
Plan before May 21, 1991, shall be payable under this Plan.  The
retirement benefits under this Plan applicable to Employees at
the Employer's McEwen facility will be calculated based on Years
of Benefit Service on or after January 1, 1991.  For the Plan
Year ending December 31, 1991, such Employees shall accrue a
benefit equal to the greater of the benefit accrued under this
Plan (including all service on or after January 1, 1991) or the
benefit accrued under the McEwen Plan between January 1, 1991 and
May 20, 1991.  For purposes of calculating a Participant's five
year average monthly compensation for any Plan Year before
January 1, 1991, this Plan will take into account compensation
earned under the terms of the McEwen Plan then in effect.

     4.02 Early Retirement.  A Participant who is eligible for Early
Retirement may retire from the employ of a Participating Employer
at any time prior to his Normal Retirement Date.  Such
Participant may elect to begin receiving his early retirement
benefit on or after his Early Retirement Date, subject to the
provisions of Section 8.01.  For purposes of this Section 4.02,
the amount of a Participant's early retirement benefit is equal
to his Accrued Benefit.  Such benefit will be reduced to its
Actuarial Equivalent for each month that benefits commence before
Normal Retirement Date.

     4.03 Late Retirement.  If a Participant remains in the employ of
a Participating Employer after his Normal Retirement Date, unless
an election to the contrary is made under Section 8.01, his
benefit payments will begin no later than his Required Beginning
Date, as defined in Section 8.01.  The amount of the benefit
payable when such Participant actually retires from the employ of
a Participating Employer will be calculated in the same manner as
the Normal Retirement Benefit including Compensation and Years of
Benefit Service after the Participant's Normal Retirement Date.
Such benefit will be offset by the Actuarial Equivalent of any
benefit previously paid under this Plan to such Participant.

     However, if a Participant remains in the employ of a
Participating Employer after his Normal Retirement Date, such
Participant, upon his subsequent retirement, shall have the value
of his benefit in the Normal Form increased by the Actuarial
Equivalent of the monthly benefit in the Normal Form to which he
would have been entitled had he not continued in employment, for
any month after his Normal Retirement Date until the date that
benefits actually commence.  In the event of such Participant's
death while continuing in the employ of a Participating Employer
after his Normal Retirement Date, the Actuarial Equivalent value
of the additional benefit that would have been provided under the
preceding sentence shall be added to the value of his benefit for
purposes of any death benefit that may be payable under Chapter
VI or VIII.

     4.04 Non-Duplication of Benefit.  Under no circumstances will the
benefit of any Employee who has incurred a Termination of
Employment and is later rehired by a Participating Employer be
greater than the benefit he would have received if the
Termination of Employment had not occurred and he had been
continuously employed.  Upon such Participant's later retirement
or Termination of Employment, the Participant's Normal Retirement
Benefit shall be reduced by the Actuarial Equivalent of any
benefit previously paid under this Plan to such Participant.

     4.05 Re-Employment.  If a former Employee who is receiving
benefits from the Plan and Trust returns to the employ of the
Employer or an Affiliated Employer, his benefit payments shall
continue uninterrupted.

                            CHAPTER V

                       BENEFIT LIMITATIONS

     5.01 Definitions.  For purposes of this Chapter V, the
capitalized terms defined below will have the following meaning
when capitalized:

     Annual Additions means the total of the following amounts,
if any, which are allocated to the Combined Accounts of a
Participant:

        (a)  Employer contributions (excluding Employer contributions
     arising from an award of back pay by agreement with the Employer
     or by court order);

	(b)  Amounts forfeited by non-Vested previous Participants;

	(c)  Non-deductible voluntary Employee contributions; and

	(d)  Any amount added to an individual medical account as defined
in Section 415(e)(2) of the Code which is part of a pension or
annuity plan of the Employer for the Participant (even if not in
a defined contribution plan).

     For purposes of determining Annual Additions, a rollover
contribution from an IRA of a Participant, or from his account in
the qualified retirement plan of his previous employer will not
be included.

     Average Compensation of a Participant is his Total
Compensation during the three consecutive Limitation Year period
in which he earned a Year of Vesting Service and which produces
the highest average.

     Combined Accounts means the total of all accounts of a
Participant in all of the Defined Contribution Plans of the
Employer.

     Defined Benefit Plan is a retirement plan which does not
provide for benefits from an individual account of a Participant,
but rather such benefits are based on a benefit formula provided
by the Plan.

     Defined Contribution Plan is a retirement plan which
provides for an individual account for each Participant and for
benefits based entirely on the balance of that account.  The
account balance is usually derived from contributions, income,
expenses, market value increases or decreases, and sometimes
non-Vested (Forfeited) amounts from Participants who terminate
employment before retirement.

     Employer means the employer that adopts this Plan.  All
members of a controlled group of corporations (as defined in
Section 414(h) as modified by Section 415(h) of the Code), all
trades or businesses (whether or not incorporated) under common
control (as defined by Section 414(c) as modified by Section
415(h) of the Code), or all members of an affiliated service
group (as defined in Section 414(m) of the Code), will be
considered a single employer for the purposes of applying the
limitations of this Chapter.

     Limitation Year is the Plan Year.

     Total Compensation includes a Participant's earned income,
wages, salaries, and fees for professional service and other
amounts received for personal services actually rendered in the
course of employment with an Employer maintaining the plan
(including but not limited to, commissions paid salesmen,
compensation for services on the basis of a percentage of
profits, commissions on insurance premiums, tips and bonuses) and
excluding the following:

          (a)  Employer contributions to a plan of deferred compensation
     which are not included in the gross income of the Employee for
     the taxable year in which contributed, or on behalf of an
     Employee to a simplified employee pension plan to the extent such
     contributions are deductible by the Employee, or any
     distributions from a plan of deferred compensation;

        (b)  Amounts realized from the exercise of a non-qualified stock
     option, or when restricted stock (or property) held by an
     Employee either becomes freely transferable or is no longer
     subject to a substantial risk of forfeiture;

	(c)  Amounts realized from the sale, exchange or other
disposition of stock acquired under a qualified stock option; and

	(d)  Other amounts which receive special tax benefits, or
contributions made by the Employer (whether or not under a salary
reduction agreement) towards the purchase of a 403(b) annuity
contract (whether or not the contributions are excludable from
the gross income of the Employee).  Notwithstanding the above
definition, from and after January 1, 1998, Total Compensation
shall include any elective deferral contributions (as defined in
Code Section 402(g)(3)) and any amounts contributed or deferred
by the Employer at the election of the Participant which are not
included in the gross income of the Participant by reason of Code
Section 125 or 457, and, from and after January 1, 2001, by
reason of Code Section 132(f).

     5.02 General Limitations.  Under no circumstances will the total
annual benefits (which, for purposes of this Chapter means
benefits payable in the form of a straight life annuity, without
ancillary benefits, or if payable in some other form, the
Actuarial Equivalent (computed using an interest rate of 5%) of
such form) derived from Employer contributions and payable under
all Combined Plans to a Participant who retires at or after the
Social Security Retirement Age (as defined in Code Section
415(b)(8)) exceed the lesser of the following for any Limitation
Year:

        (a)  $90,000 (the "Dollar Limitation") (effective on January 1,
     1988, and each January 1 thereafter, the $90,000 limitation above
     will be automatically adjusted to the new dollar limitation
     determined by the Commissioner of Internal Revenue for that
     calendar year.  The new limitation will apply to Limitation Years
     ending within the calendar year of the date of the adjustment.)

	(b)  100% of his Average Compensation (as defined in Section
5.01) (the "Compensation Limitation").

     If the annual benefit commences after the Social Security
Retirement Age, the benefit may not exceed the Actuarial
Equivalent of a single life annuity equal to the Dollar
Limitation commencing on the Participant's Social Security
Retirement Age.  To determine Actuarial Equivalence after the
Social Security Retirement Age, in the preceding sentence, an
interest rate assumption of 5% will be used.

     If the annual benefit commences before a Participant's
attainment of his Social Security Retirement Age, the Dollar
Limitation applicable to such benefit shall be reduced to an
amount which is equal to a single life annuity commencing at the
same time which is the Actuarial Equivalent of a single life
annuity equal to the Dollar Limitation commencing on the
Participant's Social Security Retirement Age.

     Notwithstanding the above, if the Participant was a
Participant in a plan in existence on July 1, 1982, the maximum
permissible amount shall not be less than the Participant's
accrued benefit as of September 30, 1983.

     Notwithstanding the foregoing provisions of this Section 5,
if the maximum limitations on retirement benefits, with respect
to any person who was a Participant prior to January 1, 1987 and
whose retirement benefit (determined without regard to any
changes in the Plan after May 6, 1986 and without regard to
cost-of-living adjustments occurring after December 31, 1986)
exceeds the limitations set forth in this Section, then, for
purposes of such Section and Section 415(b) and (e) of the Code,
the Dollar Limitations with respect to such Participant shall be
equal to such Participant's retirement benefit as of December 31,
1986; provided that such Participant's retirement benefit did not
exceed the maximum limitation as in effect for all the Plan Years
prior to January 1, 1987.

     Regardless of anything to the contrary, the limitations
described in Section 5.02(a) and (b) above will not apply if the
annual benefits of a Participant under all Combined Defined
Benefit Plans do not exceed $10,000 in the Plan Year or any prior
Plan Year, and if he has never been a Participant in any Defined
Contribution Plan of the Employer.

     5.03 Less Than 10 Years.  If the annual benefit commences when
the Participant has completed less than ten years of Vesting
Service with the Employer, the limitations described in Section
5.02 will be reduced by 10% for each Year of Vesting Service less
than ten.

     5.04 Limitations if Participant in Other Plan(s).  If a
Participant is also a Participant in a Defined Contribution Plan
(or Plans) maintained by the Employer, the decimal equivalent of
the sum of the fractions determined as follows for all Defined
Benefit Plans and Defined Contribution Plans maintained by the
Employer in which he participates shall not exceed 1.0 for any
Limitation year:

          (a)  A defined benefit fraction, the numerator being the
     projected total annual benefits of the Participant under all
     Employer-sponsored Defined Benefit Plans (whether or not
     terminated), and the denominator being the lesser of:

               (1)  the product of 1.25 multiplied by $90,000 (or, if permitted
          by applicable law, such other dollar amount as is specified
          annually by the Secretary of the Treasury, or his delegate); or

		(2)  the product of 1.4 multiplied by the Participant's Average
Compensation.

          (b)  A defined contribution fraction, the numerator being the sum
     of the actual Annual Additions to the Participant's Combined
     Accounts under all Defined Contribution Plans (whether or not
     terminated) maintained by the Employer for the current and all
     prior Limitation Years, and the denominator being the sum of the
     lesser of the following amounts determined for such Limitation
     Year and all prior Limitation Years of the Participant's service
     with the Employer (regardless of whether a Defined Contribution
     Plan was maintained by the Employer):

               (1)  the product of 1.25 multiplied by $30,000 (or, if greater,
          one-fourth of the Dollar Limitation in effect under Code Section
          415(b)(1)(A)); or

		(2)  the product of 1.4 multiplied by 25% of his Total
Compensation for such Limitation Year.

     In the event the projected annual benefits of a Participant
under all Defined Benefit Plans cause the total of the fractions
determined under (a) and (b) above to exceed 1.0, the annual
benefits under the Employer-sponsored Defined Benefit Plans will
be reduced to the extent necessary so that the sum of the defined
benefit plan fraction and defined contribution plan fraction do
not exceed 1.0.

     From and after January 1, 2000, the special limitations set
forth in this Section 5.04 shall no longer apply.

                           CHAPTER VI

                  PRE-RETIREMENT DEATH BENEFITS

     6.01 Death Benefits.  Except as provided in Section 6.03 and
Chapter VIII, any death benefits payable under the Plan and Trust
will be according to the provisions of this Section 6.01.

     The Beneficiary of any Participant (including former
Participants with deferred vested benefits) who dies before his
Annuity Starting Date will be entitled to a lump sum death
benefit, payable as soon as administratively possible after the
Participant's death, equal to the present Actuarial Equivalent
value (as determined by the Actuary) of the Accrued Benefit of
such Participant on his date of death.

     6.02 Death Benefit Limitations.  Except as provided in Sections
6.01, 6.03 and Chapter VIII, the Beneficiary or spouse of any
Participant who dies will not be entitled to any death benefit
under the Plan and Trust.

     6.03 Pre-Retirement Death Benefit for Surviving Spouse;
Post-Retirement Death Benefits.  Unless the Participant has
designated someone other than his spouse as the primary
Beneficiary under the provisions of Section 9.01, the death
benefit payable to the spouse of a Participant (including a
former Participant with deferred vested benefits) who dies before
his Annuity Starting Date will be in the form of a single life
annuity for the life of such spouse which is the Actuarial
Equivalent of the Accrued Benefit of such Participant.  The
surviving spouse may elect to commence payment of such annuity
within a reasonable period after the Participant's death.  Absent
an election by the surviving spouse, payment of such annuity will
start on the later of the Participant's date of death or the date
when the Participant would have attained age 62.  The surviving
spouse may also elect the lump sum death benefit specified in
Section 6.01 above in lieu of such annuity.  If the Participant
dies after benefits have commenced under one of the forms
specified in Chapter VIII, the death benefits payable, if any,
will be in accordance with the form of payment then in effect.

                           CHAPTER VII

                  OTHER TERMINATION AND VESTING

     7.01 Full Vesting Dates.  Upon the date of a Participant's death,
retirement or incurrence of a Disability, he will be fully Vested
in his Accrued Benefit.

     7.02 Vesting Schedule.  A Participant who has completed at least
5 Years of Vesting Service and who terminates his employment with
the Employer or an Affiliated Employer for reasons other than
death, Disability, or retirement will be fully Vested in his
Accrued Benefit.  If a Participant terminates his employment with
the Employer or an Affiliated Employer for reasons other than
death, Disability, or retirement before he has completed 5 Years
of Vesting Service, he will not be Vested in any benefit in this
Plan and his entire Accrued Benefit will be forfeited.

     7.03 Commencement of Benefits.  The payment of any Vested Accrued
Benefit determined under this Chapter will start on the date
specified in Section 8.01, and will be adjusted for either or
both of the following reasons:

        (a)  If payments start on a date prior to the Participant's
     Normal Retirement Date, such payments will be adjusted as
     specified in Section 4.02;

	(b)  If payments are in a form other than the Normal Form of
Benefits, such payments will have an Actuarial Equivalent
adjustment made.

     7.04 Forfeiture.  Any Non-Vested Accrued Benefit determined under
this Chapter, or any other benefit forfeited by a Participant who
dies but is not eligible for death benefits under the Plan and
Trust will be retained in the Trust Fund and will be used to
reduce the future Participating Employer contributions to the
Plan.

     7.05 Resumption of Participation.  If an Employee returns to the
employ of a Participating Employer following a Break in Service,
his Years of Vesting Service and Years of Benefit Service which
occurred before such Break in Service will be aggregated with his
Years of Vesting Service and Years of Benefit Service occurring
after such Break in Service if he also meets either of the
following requirements:

        (a)  If he was Vested in some or all of his Accrued Benefit under
     this Plan at the time his Break in Service occurred; or

	(b)  Even if he was not Vested in his Accrued Benefit at the time
of his Break in Service, if the number of consecutive One Year
Breaks in Service is less than the Years of Vesting Service which
occurred before such Break in Service.

                          CHAPTER VIII

                       PAYMENT OF BENEFITS

     8.01 Commencement of Benefits.  Unless a Participant elects in
writing to further defer the starting date of any benefit payable
under the Plan and Trust, benefits must begin to be paid within
60 days after the later of:

        (a)  the last day of the Plan Year in which he attains age 65; or

	(b)  the last day of the Plan Year in which he incurs a
Termination of Employment.

     Effective January 1, 2000, and notwithstanding any other
provisions of this Plan but subject to the special rules
pertaining to 5% owners and certain other Participants set forth
below, any benefit payable to a Participant shall commence no
later than the "Required Beginning Date" for a Participant under
Code Section 401(a)(9), as amended by the Small Business Job
Protection Act of 1996, which is the April 1st of the calendar
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 or terminates service with the Employer
or an Affiliated Employer.

     However, any benefit payable to a Participant who is a more
than 5% owner of the "employer" as defined in Code Section 416
with respect to the Plan Year ending in the calendar year in
which such Participant attains age 70 1/2 shall commence no later
than the April 1st of the calendar year following the calendar
year in which such Participant attains age 70 1/2, even if he has
not separated from service as of such date.

     Further, any Participant continuing in the service of the
Employer or an Affiliated Employer who attained age 70 1/2 after
December 31, 1996 but before January 1, 2000 shall have an option
to elect either to begin receiving benefits starting no later
than April 1st of the calendar year following the calendar year
in which such Participant attains age 70 1/2 or to defer the
commencement thereof (and, if applicable, to stop the current
receipt of benefits) until retirement or termination of service.
Any distribution of benefits that was being made to such a
Participant in the Joint and Survivor Annuity form may be stopped
under the preceding sentence only if consent of the person who
was such Participant's spouse when the benefit payments initially
commenced is obtained and such consent acknowledges the effect of
the election to stop.  Any commencement or recommencement of
benefits starting after retirement or termination of service of a
Participant who has elected to defer (and, if applicable to stop
the current receipt of benefits) shall be subject to all of the
provisions of Section 8.02 dealing with the mandatory Joint and
Survivor Annuity form of distribution for married Participants
and the single life annuity form for single Participants and the
circumstances under which some other form of distribution may be
elected.

     Any Participant who incurs a Termination of Employment and
who later attains the age specified as an Early Retirement Date
may elect in writing to the Committee to have his benefit
payments begin at any time following such age.  Once such
election is made, benefit payments must begin within 60 days
after the date specified in the election.

     Notwithstanding any provision of the Plan to the contrary,
if the Vested portion of the Accrued Benefit of a Participant who
terminates, retires, or dies does not exceed $3,500, or, from and
after January 1, 2002, $5,000, the Vested Accrued Benefit shall
be distributed in the form of a single sum cash distribution as
soon as practicable following the Participant's termination.

     If a distribution is one to which Sections 401(a)(11) and
417 of the Internal Revenue Code do not apply, such distribution
may commence less than 30 days after the notice required under
Section 1.411(a)-11(c) of the Income Tax Regulations is given,
provided that:

          (a)  the Plan Administrator clearly informs the Participant that
     the Participant has a right to a period of at least 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

          (b)  the Participant, after receiving the notice, affirmatively
     elects a distribution.

     8.02 Automatic Joint and Survivor Benefits.  Unless an optional
form of benefit is selected pursuant to a qualified election
within the 90-day period ending on the Annuity Starting Date, a
married Participant's Vested Accrued Benefit will be paid in the
form of a Joint and Survivor Annuity.  A qualified election is a
waiver of a Joint and Survivor Annuity.  The waiver must be in
writing and must be consented to by the Participant's spouse.
The spouse's consent to a waiver must acknowledge the designation
of a specific alternative beneficiary in writing signed by the
spouse and witnessed by a Plan representative or notary public.
Notwithstanding this consent requirement, if the Participant
establishes to the satisfaction of a Plan representative that
such written consent may not be obtained because there is no
spouse or the spouse cannot be located, waiver will be deemed a
qualified election.  Any consent necessary under this provision
will be valid only with respect to the spouse who signs the
consent, or in the event of a deemed qualified election, the
designated spouse.  Additionally, a revocation of a prior waiver
may be made by a Participant without the consent of the spouse at
any time before the commencement of benefit.  The number of
revocations shall not be limited.

     In the case of a Joint and Survivor Annuity as described
above, the Committee shall provide each Participant within a
reasonable period under applicable regulations (currently, not
less than 30 and no more than 90 days) prior to the Annuity
Starting Date a written explanation of:

        (a)  the terms and conditions of a Joint and Survivor Annuity;

	(b)  the Participant's right to make and the effect of an
election to waive the Joint and Survivor Annuity form of benefit;

	(c)  the rights of a Participant's spouse; and

	(d)  the right to make, and the effect of, a revocation of a
previous election to waive the Joint and Survivor Annuity.  If
the Participant, after having received the above written
explanation, affirmatively elects a form of distribution (with
spousal consent if the form is other than the Joint and Survivor
Annuity), the Plan may treat such election as a waiver of any
remaining portion of the 30-day notice period, provided the
distribution does not commence before the expiration of a 7-day
period beginning the day after the Participant has received the
above written notice and other requirements of applicable
regulations are satisfied.

     Unless an optional form of benefit is selected, an unmarried
Participant's Vested Accrued Benefit will be paid in the form of
a single life annuity under Section 8.03.

     8.03 Optional Forms of Payment.  Except where a Joint and
Survivor Annuity is required by Section 6.01 or Section 8.02, all
benefit payments will be made in the Normal Form of Benefit
unless the Participant (or his Beneficiary, if he is deceased)
selects in writing one, or a combination of, the following
optional forms of benefits:

        (a)  life income annuity;

	(b)  a joint and survivor annuity providing a survivor benefit to
any Beneficiary which is at least 50% but not greater than 100%
of the Participant's benefit;

	(c)  a term certain annuity for 120 months, or 180 months;

	(d)  a lump sum payment, but only if Termination of Employment is
due to retirement, death, or Disability.

	(e)  if the Participant was employed at the McEwen facility, then
he or his Beneficiary may select a life annuity with 120 or 180
monthly benefits guaranteed.
     Any benefit payable in a form other than the Normal Form of
Benefit will be the Actuarial Equivalent of the benefit which
would have been payable in the Normal Form of Benefit.

     Any annuity contracts which may be purchased to provide Plan
benefits will be nontransferable.

     8.04 Incidental Death Benefits.  Regardless of any statement
(with the exception of Section 8.02) to the contrary, the ability
of any Participant or any Beneficiary to select the timing and
method of a distribution option will be limited by the following
provisions:

        (a)  If the Participant's entire interest is to be distributed in
     other than a lump sum, then the amount to be distributed each
     year must be at least an amount equal to the quotient obtained by
     dividing the Participant's entire interest by the life expectancy
     of the Participant or joint and last survivor expectancy of the
     Participant and designated Beneficiary.  Life expectancy and
     joint and last survivor expectancy are computed by the use of the
     return multiples contained in Section 1.72-9 of the Income Tax
     Regulations.  For purposes of this computation, a Participant's
     life expectancy may be recalculated no more frequently than
     annually, however, the life expectancy of a nonspouse Beneficiary
     may not be recalculated.  If the Participant's spouse is not the
     designated Beneficiary, the method of distribution selected must
     satisfy the minimum death incidental benefit requirements of
     Section 1.401(a)(9)-2 of the regulations which are incorporated
     herein by this reference.

	(b)  If the Participant dies after distribution of his or her
interest has commenced, the remaining portion of such interest
will continue to be distributed at least as rapidly as under the
method of distribution being used prior to the Participant's
death.

	(c)  If the Participant dies before distribution of his or her
interest commences, the Participant's entire interest will be
distributed no later than five years after the Participant's
death except to the extent that an election is made to receive
distribution in accordance with (1) or (2) below:

               (1)  If any portion of the Participant's interest is payable to a
          designated Beneficiary, distributions may be made in
          substantially equal installments over the life or life expectancy
          of the designated Beneficiary commencing no later than one year
          after the Participant's death;

		(2)  If the designated Beneficiary is the Participant's surviving
spouse, the date distributions are required to begin in
accordance with (1) above shall not be earlier than the date on
which the Participant would have attained age 70 1/2, and, if the
spouse dies before payments begin, subsequent distributions shall
be made as if the spouse had been the Participant.

        (d)  For purposes of 8.04(c) above, payments will be calculated
     by use of the return multiples specified in Section 1.72-9 of the
     regulations.  Life expectancy of a surviving spouse may be
     recalculated annually, however, in the case of any other
     designated Beneficiary, such life expectancy will be calculated
     at the time payment first commences without further
     recalculation.

	(e)  For purposes of this Section 8.04, 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.

     8.04A     New Minimum Distribution Regulations.  With
respect to distributions under the Plan made on or after April 1,
2001 for calendar years beginning on or after January 1, 2001,
the Plan will apply to minimum distribution requirements of
Section 401(a)(9) of the Code in accordance with the regulations
under Section 401(a)(9) that were proposed on January 17, 2001
(the 2001 Proposed Regulations), notwithstanding any provision of
the Plan to the contrary.  If the total amount of required
minimum distributions made to a Participant for 2001 prior to
April 1, 2001 are equal to or greater than the amount of required
minimum distributions determined under the 2001 Proposed
Regulations, then no additional distributions are required for
such Participant for 2001 on or after such date.  If the total
amount of required minimum distributions made to a Participant
for 2001 prior to April 1, 2001 are less than the amount
determined under the 2001 Proposed Regulations, then the amount
of required minimum distributions for 2001 on or after such date
will be determined so that the total amount of required minimum
distribution for 2001 is the amount determined under the 2001
Proposed Regulations.  This amendment shall continue in effect
until the last calendar year beginning before the effective date
of the final regulations under Section 401(a)(9) of the Code or
such other date as may be published by the Internal Revenue
Service.

     8.05 Transfers.  The Plan will not accept the transfer into the
Trust Fund of IRA's or distributions to Participants from other
retirement plans.

     8.06 No Other Benefits.  Except as provided in Chapter XII, no
payments shall be made from the Plan and Trust to a Participant
except for retirement, death, Disability, or other Termination of
Employment.

     8.07 Direct Rollover.

          (a)  This Section applies to distributions made on or after
     January 1, 1993. 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 Plan Administrator, to have any
     portion of an Eligible Rollover Distribution paid directly to an
     Eligible Retirement Plan specified by the Distributee in a Direct
     Rollover.

          (b)  Definitions

               (i)  Eligible Rollover Distribution:  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:

			1)   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
               of ten years or more;

			2)   any distribution to the extent such distribution
is required under Section 401(a)(9) of the Code;

			3)   the portion of any distribution that is not
includable in gross income (determined without regard to the exclusion for net
unrealized appreciation with respect to Employer securities);

			4)   returns of Section 401(k) elective deferrals that are
returned as a result of the Section 415 limitations;

			5)   corrective distributions of excess contributions, excess
deferrals, and excess aggregate contributions, together with the
income allocable to these corrective distributions;

			6)   loans treated as distributions under Section 72(p) and not
excepted by Section 72(p)(2);

			7)   loans in default that are deemed distributions;

			8)   a distribution less than $200;

			9)   for distribution made from and after December 31, 1999,
any amount which is a hardship distribution under Section 401(K)(2)
of the Code; and

			10)  similar items designated by the IRS in revenue rulings,
notices, and other guidance of general applicability.

		(ii) Eligible Retirement Plan:  An Eligible Retirement Plan is an
          individual retirement account described in Section 408(a) of the
          Code, an individual retirement annuity described in Section
          408(b) of the Code, an annuity plan described in Section 403(a)
          of the Code, or a qualified trust described in Section 401(a) of
          the Code, 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.

		(iii)     Distributee:  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
Employees' spouse or former spouse who is the alternate payee
under a qualified domestic relations order, as defined in Section
414(p) of the Code, are Distributees with regard to the interest
of the spouse or former spouse.

		(iv) Direct Rollover:  A Direct Rollover is a payment by the Plan
to the Eligible Retirement Plan specified by the Distributee.

                           CHAPTER IX

                   DESIGNATION OF BENEFICIARY

     9.01 Beneficiary Designation; Election of Non-Spouse Beneficiary.
Each Participant may name or change the name of his
Beneficiary(ies) who will receive any death benefits payable
under Chapters VI or VIII of the Plan.  However, any designation
by a married Participant of someone other than his spouse as the
primary Beneficiary for any pre-retirement death benefit payable
under Section 6.01 of the Plan is an election to waive the
pre-retirement surviving spouse death benefit under Section 6.03
and must be made by the Participant in writing during the
election period described below and shall not be effective
unless:

        (a)  the Participant's spouse consents in writing to the
     election;

	(b)  the election designates a specific alternate Beneficiary,
including any class of Beneficiaries or any contingent
Beneficiaries, which may not be changed without spousal consent
(or the spouse expressly permits designations by the Participant
without any further spousal consent);

	(c)  the spouse's consent acknowledges the effect of the
election; and

	(d)  the spouse's consent is witnessed by a plan representative
or notary public.

     If it is established to the satisfaction of a plan
representative that such written consent may not be obtained
because there is no spouse or the spouse cannot be located, a
waiver will be deemed a qualified election.

     The election period to waive the pre-retirement surviving
spouse death benefit begins on the first day of the Plan Year in
which the Participant attains age 35 or the date of the
Participant's termination of service, if earlier, and ends on the
date of the Participant's death.  An earlier waiver (with spousal
consent) may be made, but it will become invalid at the beginning
of the Plan Year in which the Participant attains age 35 or the
date of a vested Participant's termination of service, if
earlier.  However, a new waiver and consent form may be signed
thereafter at any time during the election period.

     With regard to the election, the Committee shall provide
each Participant within the applicable period, with respect to
such Participant (and consistent with regulations), a written
explanation of the pre-retirement surviving spouse death benefit
containing comparable information to that required pursuant to
Section 8.02.  For the purposes of this paragraph, the term
"applicable period" means, with respect to a Participant,
whichever of the following periods ends last:

        (a)  The period beginning with the first day of the Plan Year in
     which the Participant attains age 32 and ending with the close of
     the Plan Year preceding the Plan Year in which the Participant
     attains age 35;

        (b)  One year ending after the individual becomes a Participant;

	(c)  One year ending after the Plan no longer fully subsidizes
the cost of the pre-retirement surviving spouse death benefit
with respect to the Participant; or

	(d)  One year ending after Code Section 401(a)(11) first applies
to the Participant.

     Notwithstanding the foregoing, notice must be provided
within a reasonable period ending after separation from service
in the case of a Participant who separates before attaining age
35.  For this purpose, the Committee must provide the explanation
within a period beginning one year before the separation from
service and ending one year after such separation.  If such a
Participant thereafter returns to employment with a Participating
Employer, the applicable period for such Participant shall be
redetermined.

     9.02 Priority If No Designated Beneficiary.  If there is no
Beneficiary designation form on file, or if the designated
Beneficiary(ies) predeceases the Participant, benefit payments
required under the Plan and Trust to be payable on death to the
Beneficiary(ies) will be distributed in the following order of
priority:

        (a)  to the surviving spouse; or if none

	(b)  to the surviving issue (per stirpes and not per capita); or,
if none

	(c)  to the surviving parents equally, or, if one is deceased, to
the survivor of them; or, if none

	(d)  to the estate of the Participant.

                            CHAPTER X

                      TOP-HEAVY PROVISIONS

     10.01     Provisions Will Control.  If the Plan is or becomes
Top-Heavy in any Plan Year beginning after December 31, 1983, the
provisions of Chapter X will supersede any conflicting provisions
in the Plan.

     10.02     Definitions.  For purposes of this Chapter X the
following definitions shall apply:

        (a)  Employer:  Means all Participating Employers and all
     Affiliated Employers.

	(b)  Key Employee:  Any Employee or former Employee (and the
Beneficiaries of such Employee) who at any time during the
Determination Period was:

	       (1)  an officer of the Employer having annual compensation from
          the Employer greater than 1.5 times the amount in effect under
          Section 415(c)(1)(A) for any such Plan Year;

		(2)  an owner (or considered an owner under Section 318 of the
Code) of one of the ten largest interests in the Employer if such
individual's compensation exceeds the dollar limitation under
Section 415(c)(1)(A) of the Code;

		(3)  a 5% owner of the Employer; or

		(4)  a 1% owner of the Employer who has an annual compensation of
more than $150,000.

          The Determination Period is the Plan Year containing
     the Determination Date and the 4 preceding Plan Years.  The
     determination of who is a Key Employee will be made in
     accordance with Section 416(i)(1) of the Code and the
     regulations thereunder.

        (c)  Top-Heavy Plan:  For any Plan Year beginning after
     December 31, 1983, this Plan is Top-Heavy if any of the following
     conditions exist:

                (1)  If the Top-Heavy Ratio for this Plan exceeds 60% and this
          Plan is not part of any Required Aggregation Group or Permissive
          Aggregation Group of Plans.

		(2)  If this Plan is a part of a Required Aggregation Group of
plans but not part of a Permissive Aggregation Group and the
Top-Heavy Ratio for the group of plans exceeds 60%.

		(3)  If this Plan is a part of a Required Aggregation Group and
part of a Permissive Aggregation Group of plans and the Top-Heavy
Ratio for the Permissive Aggregation Group exceeds 60%.
        (d)  Top-Heavy Ratio:

                (1)  If the Employer maintains one or more defined benefit plans
          and the Employer has not maintained any defined contribution
          plans (including any Simplified Employee Pension Plan) which
          during the 5-year period ending on the Determination Date(s) has
          or has had account balances, the Top-Heavy Ratio for this Plan
          alone or for the Required or Permissive Aggregation Group, as
          appropriate, is a fraction, the numerator of which is the sum of
          the Present Value of Accrued Benefits of all Key Employees as of
          the Determination Date(s) (including any part of any Accrued
          Benefit distributed in the 5-year period ending on the
          Determination Date(s)), and the denominator of which is the sum
          of all Accrued Benefits (including any part of any Accrued
          Benefits distributed in the 5-year period ending on the
          Determination Date(s)) determined in accordance with Section 416
          of the Code and the regulations thereunder.

		(2)  If the Employer maintains one or more defined benefit plans
and the Employer maintains or has maintained one or more defined
contribution plans (including any Simplified Employee Pension
Plan) which during the 5-year period ending on the Determination
Date(s) has or has had account balances, the Top-Heavy Ratio for
any Required or Permissive Aggregation Group, as appropriate, is
a fraction, the numerator of which is the sum of account balances
under the aggregate defined contribution plan or plans for all
Key Employees and the Present Value of Accrued Benefits under the
aggregate defined benefit plan or plans for all Key Employees,
and the denominator of which is the sum of the account balances
under the aggregate defined contribution plan or plans for all
Participants and the Present Value of Accrued Benefits under the
aggregate defined benefit plan or plans for all Participants as
determined in accordance with Section 416 of the Code and the
regulations thereunder.  The account balances under a defined
contribution plan and the Accrued Benefits under a defined
benefit plan in both the numerator and denominator of the
Top-Heavy Ratio are adjusted for any distribution made in the
5-year period ending on the Determination Date.

		(3)  For purposes of (1) and (2) above, the value of account
balances and the Present Value of Accrued Benefits will 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 Section 416 of the Code and the regulations
thereunder for the first and second plan years of a defined
benefit plan.  The account balances and Accrued Benefits of a
Participant who:
               		(i)  is not a Key Employee but who was a Key Employee
in a prioryear; or

			(ii) has not received any compensation from any Employer
maintaining the Plan at any time during the 5-year period ending
on the Determination Date, will be disregarded.  The calculation
of the Top-Heavy Ratio, and the extent to which distributions,
rollovers, and transfers are taken into account will be made in
accordance with Section 416 of the Code and the regulations
thereunder.  Accordingly, the accrued benefit of any employee who
has not performed an Hour of Service for the Employer at any time
during the 5-year period ending on the Determination Date will be
disregarded.  Deductible employee contributions will not be taken
into account for purposes of computing the Top-Heavy Ratio.  When
aggregating plans the value of account balances and Accrued
Benefits will be calculated with reference to the Determination
Dates that fall within the same calendar year.

        (e)  Permissive Aggregation Group:  The Required Aggregation
     Group of plans plus any other plan or plans of the Employer
     which, when considered as a group with the Required Aggregation
     Group, would continue to satisfy the requirements of Sections
     401(a)(4) and 410 of the Code.

	(f)  Required Aggregation Group:

                (1)  Each qualified plan of the Employer in which at least one
          Key Employee participates in the Plan Year containing the
          Determination Date or any of the four preceding Plan Years
          (including any such plan that terminated within 5-year period
          ending on the Determination Date), and

		(2)  any other qualified plan of the Employer which enables a
plan described in (1) to meet the requirements of Sections
401(a)(4) or 410 of the Code.

        (g)  Determination Date:  For any Plan Year subsequent to the
     first Plan Year, the last day of the preceding Plan Year.  For
     the first Plan Year of the Plan, the last day of that year.

	(h)  Valuation Date:  The first day of the Plan Year, as of which
account balances or Accrued Benefits are valued for purposes of
calculating the Top-Heavy Ratio.

	(i)  Present Value:  Present Value shall be based only on the
Actuarial Equivalent interest and mortality rates specified in
Section 1.01(c)

     10.03     Minimum Accrued Benefit:

        (a)  Notwithstanding any other provision in this Plan except (c),
     (d), and (e) below, for any Plan Year in which this Plan is
     Top-Heavy, each Participant who is employed on the last day of
     the Plan Year will accrue a benefit (to be provided solely by
     Employer contributions and payable in the Normal Form of Benefit)
     of 2.0% of his or her highest average compensation for the five
     consecutive years for which the Participant had the highest
     compensation.  The minimum accrual is determined without regard
     to any Social Security contribution.  The minimum accrual applies
     even though under other Plan provisions the Participant would not
     otherwise be entitled to receive an accrual, or would have
     received a lesser accrual for the year.

	(b)  For purposes of computing the minimum accrued benefit,
compensation will include all wages subject to tax under Section
3101(a) without the dollar limitation of Section 3121(a), but not
including deferred compensation other than contributions through
a salary reduction agreement to a cash or deferred plan under
Section 401(k) or to a tax deferred annuity under Section 403(b)
of the Code.

	(c)  No additional benefit accruals shall be provided pursuant to
(a) above to the extent that the total accruals on behalf of the
Participant attributable to Employer contributions will provide a
benefit expressed as a life annuity commencing at the Normal
Retirement Date that equals or exceeds 20% of the Participant's
highest average compensation for the five consecutive years for
which the Participant had the highest compensation.

	(d)  The provisions in (a) above shall not apply to any
Participant to the extent that the Participant is covered under
any other plan or plans of the Employer.  In such case, the
minimum allocation or benefit requirement applicable to this
Top-Heavy plan will be met in the other plan or plans.
(e)  All accruals of Employer derived benefit, whether or not
attributable to years for which the Plan is Top-Heavy, may be
used in computing whether the minimum accrual requirements of
paragraph (c) above are satisfied.

     10.04     Adjustment for Benefit Form Other Than Life Annuity.
If the Normal Form of Benefit is other than a single life
annuity, the Employee must receive an amount that is the
Actuarial Equivalent of the minimum single life annuity benefit.
If the benefit commences at a date other than the Normal
Retirement Date, the Employee must receive at least an amount
that is the Actuarial Equivalent of the minimum single life
annuity benefit commencing at the Normal Retirement Date.

     10.05     Nonforfeitability of Minimum Accrued Benefit.  The
minimum accrued benefit required (to the extent required to be
nonforfeitable under Section 416(b)) may not be forfeited due to
any suspension of benefits upon re-employment of retiree.

     10.06     Minimum Vesting Schedules.  For any Plan Year in which
this Plan is Top-Heavy, the following vesting schedule will
automatically apply to the Plan:

      Years of Vesting Service     Vested Percentage
                 1                        0%
                 2                        20%
                 3                        40%
                 4                        60%
                 5                       100%

     The minimum vesting schedule applies to all benefits within
the meaning of Section 411(a)(7) of the Code, including benefits
accrued before the effective date of Section 416 and benefits
accrued before the Plan became Top-Heavy.  Further, no reduction
in Vested benefits may occur in the event the Plan's status as
Top-Heavy changes for any Plan Year.  However, this Section does
not apply to the Accrued Benefits of any Employee who does not
have an Hour of Service after the Plan has initially become
Top-Heavy and such Employee's Accrued Benefits attributable to
Employer contributions will be determined without regard to this
Section.  If the vesting schedule under the Plan shifts in or out
of the above schedule for any Plan Year because of the Plan's
Top-Heavy status, such shift is an amendment to the vesting
schedule and the election in Section 11.01(c) of the Plan
applies.

     10.07     Compensation Limitation.  For any Plan Year in which
the Plan is Top-Heavy, only the first $200,000 (or such larger
amount as may be prescribed by the Secretary or his delegate) of
a Participant's annual Compensation shall be taken into account
for purposes of determining benefits under the Plan.

                           CHAPTER XI

                      AMENDMENT OF THE PLAN

     11.01     Amendment by Employer.  The Employer may, by resolution
of its Board of Directors, amend this Plan at any time.  Any
amendment by the Employer will be subject to the following rules:

        (a)  Without its written consent, no amendment may increase the
     duties or liabilities of the Trustee.

	(b)  Except as permitted by law, no amendment may provide for the
use of funds or assets under the Plan and Trust other than for
the exclusive benefit of Participants or their Beneficiaries.  In
addition, no amendment may allow Trust Fund assets to revert to
or be used or enjoyed by any Participating Employer unless
otherwise permitted by law.

	(c)  If an amendment changes the vesting schedule of the Plan, or
if the Plan is amended in any way that directly or indirectly
affects the computation of a Participant's nonforfeitable
percentage, any Participant in the employ of a Participating
Employer or an Affiliated Employer on the date such amendment is
adopted (or the date it is effective, if later) who has completed
at least three Years of Vesting Service at the end of the
election period specified below, may make an irrevocable election
to remain under the vesting schedule of the Plan as in existence
immediately prior to said amendment.  If such Participant does
not make this election during the election period starting on the
date such amendment is adopted, and ending 60 days following the
latest of the following dates, he will be subject to the new
vesting schedule provided by said amendment:

                (1)  the date the amendment is adopted;

		(2)  the date the amendment is effective; or

		(3)  the date written notice of the amendment is given to
the Participant.

	However, the failure to make an election described
     above will not result in the forfeiture of any benefits
     which are already Vested.

         (d)  No amendment may reduce the Accrued Benefit or Vested
     percentage of a Participant.

     11.02     Conformance to Law.  Regardless of the provisions of
Section 11.01, the Employer has the right to make whatever
amendments are necessary to this Plan or the Trust to bring it
into conformity with applicable law.

     11.03     Merger, Consolidation, or Transfer.  If the Plan and
Trust are merged or consolidated with, or the assets or
liabilities are transferred to, any other plan and trust, the
benefits payable to each Participant immediately after such
action (if the Plan was then terminated) will be equal to or
greater than the benefits to which he would have been entitled if
the Plan had terminated immediately before such action.

                           CHAPTER XII

                     TERMINATION OF THE PLAN

     12.01     Right to Terminate.  It is the expectation of the
Employer that it will continue the Plan and the payment of
contributions indefinitely, but continuance of the Plan is not
assumed as a contractual obligation of the Employer, and the
right is reserved by the Employer, by resolution of its Board of
Directors, at any time to reduce, suspend, or discontinue its
contributions, or terminate the Plan with respect to certain or
all of its Employees.  Further, any other Participating Employer
may do likewise as to its participation in the Plan by resolution
of its Board of Directors.  If the Plan is terminated or
partially terminated, the Accrued Benefit of each Participant who
is in the employ of the Participating Employer on the effective
date of the Plan termination or partial termination (as specified
by the Participating Employer unless otherwise specified by the
PBGC) and whose employment is affected by such termination or
partial termination will thereafter be fully vested and
nonforfeitable.  Such Participant will have recourse only to the
assets of the Trust Fund and the PBGC for the payment of such
Vested Accrued Benefit.

     12.02     Termination Priorities.  If the Plan is terminated or
partially terminated (whether by the Employer or the PBGC), and
the PBGC has notified the Employer that it may proceed with
benefit payments under this Plan, the Trust Fund assets (or
portion thereof, in the case of partial termination) will be
allocated to the appropriate Participants (all Participants in
the event of complete Plan termination, in the event of partial
termination, only those Participants whose Termination of
Employment caused or was the result of such partial termination)
in the following order of priority:

        (a)  to provide for the return of Employee contributions, if any;

	(b)  to provide for any benefit of a Participant which was
payable as an annuity in either of the following categories:

                (1)  the benefit of a Participant which was in pay status as of
          the first day of the 3-year period immediately preceding the date
          the Plan was terminated, as specified by the PBGC;

		(2)  the benefit of a Participant which could have been in pay
status as of the first day of the 3-year period immediately
preceding the date the Plan was terminated, as specified by the
PBGC.
          For purposes of this Sub-Section (b), such benefit will
     be determined on the basis of the Plan's provisions which
     were in effect at any time during the 5-year period ending
     on such date of Plan termination under which the benefit
     would be the least;

     	(c)  to provide for any other benefit of a Participant (not
     covered by any of the two previous priority classifications)
     which is insured and guaranteed by the PBGC;

	(d)  to provide for all other nonforfeitable benefits;

	(e)  to provide for all other benefits.

     Any allocations provided for under the above priority
classifications will be payable to either a Participant or his
Beneficiary, whichever is appropriate.  In addition, with respect
to priority classifications (b), (c), (d), and (e), the amount of
an allocation to a Participant under a specified priority
classification will be reduced by the amount of such
Participant's allocation under a previous priority
classification.

     12.03     Reversion to Employer.  In the event assets remain in
the Trust Fund after the complete satisfaction of all liabilities
of the Plan and Trust, as specified in Section 12.02,
distribution may be made to the Employer of such remaining
assets, which will be deemed attributable to the difference
between the actuarial assumptions used by the Actuary to
determine the funding requirements of the Plan and Trust and the
actual experience of the Trust Fund during its operation.

     12.04     Subsequent Benefit Payments.  Unless otherwise
specified by law, the timing, form (with the addition of lump sum
distributions), and amount of any benefit payments provided under
this Chapter will be made in accordance with the provisions of
Chapter VIII.

                          CHAPTER XIII

                        CLAIMS PROCEDURE

     13.01     Written Claim.  A Participant or Beneficiary(ies) may
make a claim for Plan benefits by filing a written request with
the Committee, on a form provided by the Committee.

     13.02     Claim Denial.  If a claim is wholly or partially
denied, the Committee will furnish the Participant or
Beneficiary(ies) with written notice of the denial within 60 days
of the date the original claim was filed.  The notice of denial
will specify:

        (a)  the reason for denial;

	(b)  specific reference to pertinent Plan and Trust provisions on
which the denial is based;

	(c)  a description of any additional information or requirements
needed to be eligible to obtain the denied benefit and an
explanation of why such information or requirements are
necessary; and

	(d)  an explanation of the claim procedure.

     13.03     Request for Review of Denial.  The Participant or
Beneficiary(ies) will have 60 days from receipt of denial notice
in which to make written application for review by the Committee.
The Participant or Beneficiary may request that the review be in
the nature of a hearing.  The Participant or Beneficiary(ies)
will have the rights to representation, to review pertinent
documents, and to submit comments in writing.

     13.04     Decision on Review.  The Committee will issue a
decision on such review within 60 days after receipt of an
application for review.

     The Committee shall have full and complete discretionary
authority to determine eligibility for benefits, to construe the
terms of the Plan and to decide any matter presented through the
claims review procedure.  Any final determination by the
Committee shall be binding on all parties.  If challenged in
court, such determination shall not be subject to de novo review
and shall not be overturned unless proven to be arbitrary and
capricious upon the evidence considered by the Committee at the
time of such determination.

     13.05     Additional Time.  The Committee may take additional
time, as provided by government regulations, under this Chapter
XIII, if such time is needed to gather data, perform calculations
or reach decisions in the processing of a claim.  The Participant
or Beneficiary(ies) will be informed by the Committee, in
writing, of the need for such additional time prior to the date
such extension begins.

                           CHAPTER XIV

                 CONTRIBUTION AND BENEFIT LIMITS
                     TO HIGH PAID EMPLOYEES

     14.01     When Applicable.  Participating Employer contributions
on behalf of any of the 25 highest paid Employees at the time the
Plan is established and whose anticipated annual benefit exceeds
$1,500 will be restricted as provided in Section 14.02 upon the
occurrence of the following conditions:

        (a)  The Plan is terminated within 10 years after its
     establishment;

	(b)  The benefits of such highest paid Employee become payable
within 10 years after the establishment of the Plan; or

	(c)  If Section 412 of the Code (without regard to Section
412(h)(2)) does not apply to this Plan, the benefits of such
Employee become payable after the Plan has been in effect for 10
years, and the full current costs of the Plan for the first 10
years have not been funded.

     14.02     Limitations.  Participating Employer contributions
which may be used for the benefit of an Employee described in
Section 14.01 shall not exceed the greater of $20,000, or 20% of
the first $50,000 of the Employee's compensation multiplied by
the number of years between the date of the establishment of the
Plan and:

        (a)  if 14.0l(a) applies, the date of the termination of the
     plan;

	(b)  if 14.0l(b) applies, the date the benefit becomes payable;
or

	(c)  if 14.0l(c) applies, the date of the failure to meet the
full current costs.

	14.03     Limitations if Plan Amended.  If the Plan is amended so
as to increase the benefit actually payable in event of the
subsequent termination of the Plan, or the subsequent
discontinuance of contributions thereunder, then the provisions
of the above Sections shall be applied to the Plan as so changed
as if it were a new Plan established on the date of the change.
The original group of 25 Employees (as described in Section 14.01
above) will continue to have the limitations in Section 14.02
apply as if the Plan had not been changed.  The restriction
relating to the change of Plan should apply to benefits or funds
for each of the 25 highest paid Employees on the effective date
of the change except that such restrictions need not apply with
respect to any Employee in this group for whom the normal annual
pension or annuity provided by Participating Employer
contributions prior to that date and during the ensuing ten
years, based on his rate of compensation on that date, could not
exceed $1,500.

     The Participating Employer contributions which may be used
for the benefit of the new group of 25 Employees will be limited
to the greater of:

        (a)  The Participating Employer contributions (or funds
     attributable thereto) which would have been applied to provide
     the benefits for the Employees if the previous Plan had been
     continued without change;

	(b)  $20,000; or

	(c)  The sum of:

               (1)  the Participating Employer contributions (or funds
          attributable thereto) which would have been applied to provide
          benefits for the Employees under the previous Plan if it had been
          terminated the day before the effective date of change, and

		(2)  an amount computed by multiplying the number of years (for
which the current costs of the Plan after that date are met) by
20% of his annual compensation, or $10,000, whichever is smaller.

     14.04     Alternate Limitations.  Notwithstanding the above
limitations the following limitations will apply if they would
result in a greater amount of Participating Employer
contributions to be used for the benefit of the restricted
Employee:

        (a)  In the case of a substantial owner (as defined in Section
     4022(b)(5) of ERISA), a dollar amount which equals the present
     value of the benefit guaranteed for such Employee under Section
     4022 of ERISA, or if the Plan has not terminated, the present
     value of the benefit that would be guaranteed if the Plan
     terminated on the date the benefit commences, determined in
     accordance with regulations of the PBGC; and

	(b)  In the case of the other restricted Employees, a dollar
amount which equals the present value of the maximum benefit
described in Section 4022(b)(3)(B) of ERISA (determined on the
earlier of the date the Plan terminates or the date benefits
commence, and determined in accordance with regulations of the
PBGC) without regard to any other limitations in Section 4022 of
ERISA.

                           CHAPTER XV

                    MISCELLANEOUS PROVISIONS

     15.01     Reversion of Assets.  This Plan and Trust are for the
exclusive benefit of the Employees of the Participating Employers
and none of the assets may be used for any other purpose.
Notwithstanding the above, there may be a reversion of assets to
the Employer (or the Employee) in the event one of the following
occurs:

        (a)  If, in the course of administering the Plan and Trust,
     errors in accounting arise due to factual errors in information
     supplied by any Participating Employer, the Committee, the Plan
     Administrator or the Trustee, equitable adjustments may be made
     to correct these errors.  Excess contributions arising from such
     adjustments may be returned to the Participating Employer within
     one year after such contributions were made.

	(b)  All Participating Employer contributions made to the Plan
under Code Section 412(m) are conditioned on deductibility.  For
any year(s) that all or a part of a deduction for Participating
Employer contributions to the Plan is disallowed by the Secretary
of the Treasury, the amount of the contributions so disallowed
shall be returned to the Participating Employer within one year
after such disallowance.

	(c)  The Plan is terminated as provided for in Chapter XII.

     15.02     Equitable Adjustment.  The Committee may make equitable
adjustments, which may be retroactive, to correct for
mathematical, accounting, or factual errors made in good faith.
Such adjustments will be final and binding on all Participants
and other parties in interest.

     15.03     Reasonable Compensation.  If for any Plan Year, the
Internal Revenue Service determines that the total compensation
of a Participant exceeds the amount which can be considered
"reasonable" for purposes of the federal income tax return of the
Participating Employer, then the Committee will readjust the
Accrued Benefit of such Participant to reflect only the
"reasonable" compensation of said Participant.

     15.04     Indemnification.  To the extent permitted by law, the
Employer will indemnify each member of the Committee and any
others to whom the Employer has delegated fiduciary duties
(except corporate trustees, insurers or "investment managers" (as
defined in ERISA)) against any and all claims, losses, damages,
expenses and liabilities arising from their responsibilities in
connection with the Plan, unless the same are determined to be
due to gross negligence or willful misconduct.

     15.05     Protection From Loss.  Neither the Trustee, the Plan
Administrator, the Committee nor the Employer guarantee the Trust
Fund in any way from loss or depreciation.  To the extent
permitted by applicable law, the liability of any of these
persons, groups of persons, or entities to make any payment under
the Plan and Trust is limited to the available assets of the
Trust Fund.

     15.06     Protection From Liability.  To the maximum extent
allowed by law, the Plan Administrator and the Participating
Employers, and their agents, designees and employees, shall be
free from all liability, joint or several, for their acts,
omissions, and conduct, except in the case of their own willful
misconduct, gross negligence or bad faith.  Specifically and
without limitation other than as follows, nothing in the first
sentence of this Section or elsewhere in the Plan and Trust shall
be construed to relieve any Fiduciary from responsibility or
liability for any responsibility, obligation or duty Under Part 4
of Title 1 of ERISA (except as provided in Sections 405(b)(1) and
405(d) of ERISA).

     15.07     Adoption of Rules and Procedures.  Any group of people
acting in a specified capacity under the Plan and Trust (such as
the Named Fiduciary, Trustee, Committee, Plan Administrator,
"investment manager" (as defined by ERISA) if any, and so on) may
create and abide by whatever rules and procedures they desire, so
long as these rules and procedures are not inconsistent with the
Plan, the Trust and applicable law.  If these rules specifically
limit the duties and responsibilities of the members of any of
these groups, then to the extent permitted by applicable law, the
liability to each member under the Plan and Trust will be limited
to his specific duties.

     15.08     Assignment of Benefits.  A Participant's interest in
this Plan may not be assigned or alienated, either voluntarily or
involuntarily.  This shall not preclude the Trustee from
complying with: (i) a qualified domestic relations order (as
defined in Section 414(p) of the Code) made pursuant to a
domestic relations law requiring deduction from the benefits of a
Participant for alimony, child support, or marital property
payments, or (ii) on or after August 5, 1997 and pursuant to Code
Section 401(a)(13)(c), any court order, judgment, decree, or
settlement agreement requiring that a Participant's benefits be
reduced where the Participant has committed a breach of fiduciary
duty to the Plan or committed a criminal act against the Plan.

     Notwithstanding any restrictions on the timing of
distributions and withdrawals under this Plan, distribution shall
be made to an alternate payee in accordance with the terms of an
order described in the preceding paragraph, or as determined by
the Plan Administrator and alternate payee if provided in the
order, even if such distribution is made prior to the
Participant's attainment of the earliest retirement age (as
defined in Code Section 414(p)(4)).

     15.09     Mental Competency.  Every person receiving or claiming
benefits under the Plan and Trust will be presumed to be mentally
competent until the date on which the Committee receives a
written notice (in a form and manner acceptable to it) that such
person is incompetent, and that a guardian, conservator or other
person legally vested with his care or the care of his estate has
been appointed.  If the Committee receives acceptable notice that
a person to whom a benefit is payable under the Plan and Trust is
unable to care for his affairs because of incompetency, any
payment due (unless a prior claim for it has been made by duly
appointed legal representative) may be paid to the spouse, a
child, a parent, a brother or a sister or to any person
determined by the Committee to have incurred expenses for such
person.  Any such payment will be a complete discharge of the
obligation of the Participating Employer, Committee, Plan
Administrator and Trustee to provide benefits under the Plan and
Trust.

     In the event that the Plan benefits of a person receiving or
claiming them are garnished or attached by order of any court,
the Committee may bring an action for a declaratory judgment in a
court of competent jurisdiction to determine the proper recipient
of the benefits to be paid under the Plan.  While the action is
pending, any benefits that become payable under this plan will be
paid into the court as they become payable.  The court will then
make the benefit distributions to the recipient it deems proper
at the close of said action.

     15.10     Authentication.  The Participating Employer, Committee,
Plan Administrator and Trustee will be fully protected in acting
and relying upon such certificate, affidavit, document or other
information which that person requesting such information may
consider pertinent, reliable and genuine.

     Any notice required to be made under the Plan and Trust may
be waived, in writing, by the person entitled thereto.  In
addition, the time period specified in this Plan for filing any
such notice may be modified or waived, in writing, by the person
entitled thereto.

     15.11     Not an Employment Contract.  The Plan and Trust will
not be construed as creating or modifying any contract of
employment between any Participating Employer and the Employee.

     15.12     Appointment of Auditor.  The Employer shall have the
right to appoint an independent auditor to audit the books,
records, and accounts of the Trustee as they relate to the Plan
and the Trust.

     15.13     Uniform Treatment.  All interpretations made in
connection with the Plan and Trust are intended to be exercised
in a nondiscriminatory manner so that all Employees in similar
circumstances are treated alike.

     15.14     Interpretation.  The provisions of the Plan and Trust
are to be construed as a whole and not construed separately
without relation to the context of the entire agreement.

     15.15     Plural and Gender.  When appropriate, the singular
nouns in the Plan and Trust may include the plural, and vice
versa.  Also, wherever the male gender is used in the Plan and
Trust, the female gender may be included, and vice versa.

     15.16     Headings.  Headings at the beginnings of any Chapter,
Section, or Sub-Section are for convenience only and are not to
influence the construction of this Plan and Trust.

     15.17     Expenses.  The Participating Employers may pay the
expenses of administering the Plan, if desired.  However, if they
do not pay these expenses directly, then, to the extent permitted
by law, the payments will be made from the Trust Fund.

     15.18     Prevention of Escheat.  If the Participating Employer
cannot ascertain the whereabouts of any person to whom a payment
is due under the Plan, and if a notice of such payment due is
mailed to the last known address of such person, as shown on the
records of the Participating Employer, and within three months
after such mailing such person has not made written claim
therefor, the Participating Employer, if it so elects, may direct
that such payment and all remaining payments otherwise due to
such person be canceled on the records of the Plan and the amount
thereof applied to reduce the contributions of the Participating
Employer.  The Plan and the Trust shall have no further liability
therefor, except that, in the event such person later notifies
the Participating Employer of his whereabouts and requests the
payment due to him under the Plan, the amount so applied shall be
paid to him.

     15.19     Special Provisions Respecting Military Service.
Notwithstanding any provision of the Plan to the contrary,
contributions, benefits and service credit with respect to
qualified military service will be provided in accordance with
Section 414(u) of the Code, effective for individuals whose
re-employment occurs after December 11, 1994.

     15.20     Participation of Affiliated Employers.  The
administrative powers and control of the Employer, as provided in
this Plan and the Trust agreement, as well as the sole and
exclusive right of amendment and termination (as covered in
Chapters XI and XII) and of appointment and removal of the Plan
Administrator, the Trustee, and their successors, shall remain
solely with OshKosh B'Gosh, Inc. and shall not be diminished in
any way by reason of the participation of any Affiliated Employer
in the Plan and the Trust agreement.

		          CHAPTER XVI

                        EGTRRA PROVISIONS

     16.01     Adoption and Effective Date of Amendment.  This
amendment of the Plan is adopted to reflect certain provisions of
the Economic Growth and Tax Relief Reconciliation Act of 2001
("EGTRRA"). This amendment is intended as good faith compliance
with the requirements of EGTRRA and is to be construed in
accordance with EGTRRA and guidance issued thereunder. Except as
otherwise provided, this amendment shall be effective as of the
first day of the first Plan year beginning after December 31,
2001.

     16.02     Supersession of Inconsistent Provisions.  This
amendment shall supersede the provisions of the Plan to the
extent those provisions are inconsistent with the provisions of
this amendment.

     16.03     Increase in Compensation Limit.

        (a)  Increase in limit.  The annual compensation of each
     Participant taken into account in determining benefit accruals in
     any Plan Year beginning after December 31, 2001, shall not exceed
     $200,000. Annual compensation means compensation during the plan
     year or such other consecutive 12-month period over which
     compensation is otherwise determined under the plan (the
     determination period). For purposes of determining benefit
     accruals in a plan year beginning after December 31, 2001, the
     compensation for any prior determination period shall be
     $200,000.

	(b)  Cost-of-living adjustment.  The $200,000 limit on annual
compensation in paragraph (a) shall be adjusted for cost-of-
living increases in accordance with Section 401(a)(17)(B) of the
Code. The cost-of-living adjustment in effect for a calendar year
applies to annual compensation for the determination period that
begins with or within such calendar year.
     16.04     Modification of Top-Heavy Rules.

        (a)  Effective date.  This section shall apply for purposes of
     determining whether the Plan is a top-heavy plan under Section
     416(g) of the Code for plan years beginning after December 31,
     2001, and whether the plan satisfies the minimum benefits
     requirements of Section 416(c) of the Code for such years. This
     section amends Chapter V of the Plan.

	(b)  Determination of top-heavy status.

                (1)  Key employee.  Key employee means any employee or former
          employee (including any deceased employee) who at any time during
          the Plan Year that includes the determination date was an officer
          of the employer having annual compensation greater than $130,000
          (as adjusted under Section 416(i)(1) of the Code for plan years
          beginning after December 31, 2002), a 5-percent owner of the
          employer, or a 1-percent owner of the employer having annual
          compensation of more than $150,000. For this purpose, annual
          compensation means compensation within the meaning of Section
          415(c)(3) of the Code. The determination of who is a key employee
          will be made in accordance with Section 416(i)(1) of the Code and
          the applicable regulations and other guidance of general
          applicability issued thereunder.

		(2)  Determination of present values and amounts.  Subsections
(3) and (4) below shall apply for purposes of determining the
present values of accrued benefits and the amounts of account
balances of employees as of the determination date.
		(3)  Distributions during year ending on the determination date.
The present values of accrued benefits and the amounts of account
balances of an employee as of the determination date shall be
increased by the distributions made with respect to the employee
under the plan and any plan aggregated with the Plan under
Section 416(g)(2) of the Code during the 1-year period ending on
the determination date. The preceding sentence shall also apply
to distributions under a terminated plan which, had it not been
terminated, would have been aggregated with the plan under
Section 416(g)(2)(A)(i) of the Code. In the case of a
distribution made for a reason other than separation from
service, death, or disability, this provision shall be applied by
substituting "5-year period" for "1-year period."

		(4)  Employees not performing services during year ending on the
determination date.  The accrued benefits and accounts of any
individual who has not performed services for the employer during
the 1-year period ending on the determination date shall not be
taken into account.

          (c)  Minimum benefits.  For purposes of satisfying the minimum
     benefit requirements of Section 416(c)(1) of the Code and the
     Plan, in determining years of service with the employer, any
     service with the employer shall be disregarded to the extent that
     such service occurs during a Plan Year when the Plan benefits
     (within the meaning of Section 410(b) of the Code) no key
     employee or former key employee.

     16.05     Direct Rollovers of Plan Distributions.

        (a)  Effective date.  This section shall apply to distributions
     made after December 31, 2001.

	(b)  Modification of definition of eligible retirement plan.  For
purposes of the direct rollover provisions in Section 8.07 of the
Plan, an eligible retirement plan shall also mean an annuity
contract described in Section 403(b) of the Code and an eligible
plan under Section 457(b) of the Code which is maintained by a
state, political subdivision of a state, or any agency or
instrumentality of a state or political subdivision of a state
and which agrees to separately account for amounts transferred
into such plan from this plan. The definition of eligible
retirement plan shall also apply in the case of a distribution to
a surviving spouse, or to a spouse or former spouse who is the
alternate payee under a qualified domestic relation order, as
defined in Section 414(p) of the Code.

	(c)  Modification of definition of eligible rollover distribution
to include after-tax employee contributions.  For purposes of the
direct rollover provisions in Section 8.07 of the Plan, a portion
of a distribution shall not fail to be an eligible rollover
distribution merely because the portion consists of after-tax
employee contributions which are not includible in gross income.
However, such portion may be paid only to an individual
retirement account or annuity described in Section 408(a) or (b)
of the Code, or to a qualified defined contribution plan
described in Section 401(a) or 403(a) of the Code that agrees to
separately account for amounts so transferred, including
separately accounting for the portion of such distribution which
is includible in gross income and the portion of such
distribution which is not so includible.

     IN WITNESS WHEREOF, this Plan is executed by the Employer
through its duly authorized officers, on this 6th day of
November, 2001.

                            By:  /S/ DAVID L. OMACHINSKI
                        Attest:  /S/ MARGARET WACHOLTZEXHIBIT 10.7

                      OSHKOSH B'GOSH, INC.
                    1994 INCENTIVE STOCK PLAN
                  (AS AMENDED THROUGH 11/6/01)

I.   INTRODUCTION

     1.01 Purpose.  This plan shall be known as the Oshkosh B'Gosh,
Inc. 1994 Incentive Stock Plan (the "Plan").  The purpose of  the
Plan  is  to  provide an incentive for key employees  of  Oshkosh
B'Gosh,   Inc.   and   its  Subsidiaries  to  improve   corporate
performance on a long-term basis, and to attract and  retain  key
employees.  It is intended that the Plan and its operation comply
with  the  provisions of Rule 16b-3 under the Securities Exchange
Act of 1934 (or any successor rule).

1.02 Effective Date.  The effective date of the Plan shall be
August 8, 1994, subject to approval of the Plan by shareholders
of the Company.  Any Award granted prior to such shareholder
approval shall be expressly conditioned upon shareholder approval
of the Plan.
II.  PLAN DEFINITIONS

     2.01 Definitions.  For Plan purposes, except where the context
clearly  indicates otherwise, the following terms shall have  the
meanings set forth below:

        (a)  "Award" shall mean the grant of any form of stock option or
               restricted stock.

	(b)  "Board" shall mean the Board of Directors of the Company.

	(c)  (Code" shall mean the Internal Revenue Code of 1986, as
amended from time to time.

	(d)  "Committee" shall mean the committee described in Section
4.01 or the person or persons to whom the committee has delegated
its power and responsibilities under Section 4.03.

	(e)  "Company" shall mean Oshkosh B'Gosh, Inc., a Wisconsin
corporation.

	(f)  "Company Stock" shall mean the Company's Class A Common
Stock and such other stock and securities as may be substituted
therefor pursuant to Section 3.02.

	(g)  "Eligible Employee" shall mean any regular salaried employee
of the Company or a Subsidiary who satisfies the requirements of
Section 5.01.

	(h)  "Fair Market Value" on any date shall mean, with respect to
Company Stock, if the stock is then listed and traded on a
registered national securities exchange, or is quoted in the
NASDAQ National Market System, the mean of the high and low sale
prices recorded in composite transactions as reported by a
reliable source for such date.  In the absence of reported sales
or if the stock is not so listed or quoted, but is traded in the
over-the-counter market, Fair Market Value shall be the mean of
the closing bid and asked prices for such shares on the relevant
date.

	(i)  "Grantee" shall mean any person who has been granted an
Award under the Plan.

	(j)  "Option Period" shall mean the period of time provided
pursuant to Section 6.04 within which a stock option may be
exercised.

	(k)  "Subsidiary" shall mean any corporation, partnership,
limited liability company, joint venture or other entity now or
hereafter in existence in which at least a 50% voting or profits
interest is owned, directly or indirectly, by the Company, and
any other business venture designated by the Committee in which
the Company has a significant interest, as determined in the
discretion of the Committee.

III. SHARES SUBJECT TO AWARD

	3.01 Available Shares.  The total number of shares of Company
Stock  that  may  be issued under the Plan shall not  exceed  two
million  eight  hundred  thousand  (2,800,000)  shares.    Shares
subject  to  and  not  issued  under  an  option  which  expires,
terminates,  is  canceled or forfeited for any reason  under  the
Plan  and  shares  of restricted Company Stock  which  have  been
forfeited  before  the  Grantee  has  received  any  benefits  of
ownership,  such  as dividends from the forfeited  shares,  shall
again become available for the granting of Awards.

	3.02 Changes in Common Stock.  If any stock dividend is declared
upon the Company Stock, or if there is any stock split, stock
distribution, or other recapitalization of the Company with
respect to the Company Stock, resulting in a split or combination
or exchange of shares, the aggregate number and kind of shares
which may thereafter be granted under the Plan shall be
proportionately and appropriately adjusted and the number and
kind of shares then subject to options granted to employees under
the Plan and the per share option price therefor shall be
proportionately and appropriately adjusted, without any change in
the aggregate purchase prices to be paid therefor.

IV.  ADMINISTRATION

	4.01  Administration by the Committee.  The  Plan  shall  be
administered by a committee designated by the Board to administer
the Plan and shall initially be the Compensation Committee of the
Board.  The Committee shall be constituted to permit the Plan  to
comply  with  the provisions of Rule 16b-3 under  the  Securities
Exchange Act of 1934 (or any successor rule).  A majority of  the
members of the Committee shall constitute a quorum.  The approval
of such a quorum, expressed by a vote at a meeting held either in
person  or by conference telephone call, or the unanimous consent
of all members in writing without a meeting, shall constitute the
action of the Committee and shall be valid and effective for  all
purposes of the Plan.

	4.02 Committee Powers.  The Committee is empowered to adopt such
rules, regulations and procedures and take such other action as
it shall deem necessary or proper for the administration of the
Plan and, in its discretion, may modify, extend or renew any
Award theretofore granted.  The Committee shall also have
authority to interpret the Plan, and the decision of the
Committee on any questions concerning the interpretation of the
Plan shall be final and conclusive.  The Committee may consult
with counsel, who may be counsel for the Company, and shall not
incur any liability for any action taken in good faith in
reliance upon the advice of counsel.

     Subject  to the provisions of the Plan, the Committee  shall

have full and final authority to:

        (a)  designate the persons to whom Awards shall be granted;

	(b)  grant Awards in such form and amount as the Committee shall
determine;

	(c)  impose such limitations, restrictions and conditions upon
any such Award as the Committee shall deem appropriate, and

	(d)  waive in whole or in part any limitations, restrictions or
conditions imposed upon any such Award as the Committee shall
deem appropriate.

     4.03 Delegation by Committee.  The committee designated by the
Board  under  Section 4.01 may delegate all or any  part  of  its
responsibilities and powers to any executive officer or  officers
of  the  Company selected by it, provided that no such delegation
shall  be  made  with respect to the grant of any  Award  to  the
President  or  any Vice President of the Company,  and  any  such
delegation shall comply in all respects with the requirements and
conditions  of  Section 157 of the Delaware  General  Corporation
Law.   Any such delegation may be revoked by the Board or by  the
committee at any time.

V.   PARTICIPATION

     5.01  Eligibility.   Key employees of the  Company  and  its
Subsidiaries (including officers and employees who may be members
of  the  Board)  who,  in  the  sole opinion  of  the  Committee,
contribute significantly to the growth and success of the Company
or  a  Subsidiary  shall be eligible for Awards under  the  Plan.
From  among  all  such  Eligible Employees, the  Committee  shall
determine  from  time to time those Eligible  Employees  to  whom
Awards  shall be granted.  No eligible employees shall be granted
an  Award  or Awards covering more than 50,000 shares of  Company
Stock in any calendar year.  No Eligible Employee shall have  any
right whatsoever to receive an Award unless so determined by  the
Committee.

	5.02 No Employment Rights.  The Plan shall not be construed as
conferring any rights upon any person for a continuation of
employment, nor shall it interfere with the rights of the Company
or any Subsidiary to terminate the employment of any person or to
take any other action affecting such person.

VI.  STOCK OPTIONS

     6.01 General.  Stock options granted under the Plan may be in the
form  of  incentive  stock options (within the  meaning  of  Code
Section  422) or non-qualified stock options; provided,  however,
that  incentive stock options shall only be granted  to  Eligible
Employees  who  are  employed  by the  Company  or  a  parent  or
subsidiary corporation of the Company.  Each option granted under
the  Plan shall be evidenced by a stock option agreement  between
the  Company  and the Grantee which shall contain the  terms  and
conditions required by this Article VI, and such other terms  and
conditions, not inconsistent herewith, as the Committee may  deem
appropriate in each case.  The holder of an option shall not have
any rights as a stockholder with respect to the shares covered by
an option until such shares have been delivered to him or her.

	6.02 Option Price.  The price at which each share of Company
Stock covered by an option may be purchased shall be determined
in each case by the Committee and set forth in each stock option
agreement.  In no event shall such price be less than one hundred
percent (100%) of the Fair Market Value of the Company Stock when
the option is granted.  Employees who own, directly or
indirectly, within the meaning of Code Section 425(d), more than
10% of the voting power of all classes of stock of the Company or
any parent or subsidiary corporation shall not be eligible to
receive an incentive stock option hereunder unless the purchase
price per share under such option is at least 110% of the Fair
Market Value of the stock subject to the option and such option
by its terms is not exercisable after the expiration of 5 years
from the date such option is granted.

	6.03 Date Option Granted.  For purposes of the Plan, a stock
option shall be considered as having been granted on the date on
which the Committee authorized the grant of the option, except
where the Committee has designated a later date, in which event
the later date shall constitute the date of grant of the option;
provided, however, that in either case notice of the grant of the
option shall be given to the employee within a reasonable time.

	6.04 Period for Exercise of Options.  Each stock option agreement
shall state the period or periods of time within which the option
may be exercised by the Grantee, in whole or in part, which shall
be the period or periods of time as may be determined by the
Committee, provided that:  (a) No option granted under this Plan
may be exercised until at least six months from the later of (i)
the date of grant or (ii) shareholder approval of the Plan, (b)
No Option Period for an incentive stock option may exceed ten
(10) years from the date the option is granted, and (c) No option
may be treated as an incentive stock option unless the Grantee
exercises the option while employed by the Company or a
Subsidiary or within three months after termination of
employment, or if termination is caused by death or disability,
within one year after such termination.

	6.05 Special Rule for Incentive Stock Options.  For so long as
Section 422 (or any successor provision) of the Code so provides,
the aggregate Fair Market Value (determined as of the date the
incentive stock option is granted) of the number of shares with
respect to which incentive stock options are exercisable for the
first time by a Grantee during any calendar year shall not exceed
One Hundred Thousand Dollars ($100,000) or such other limit as
may be required by the Code.

	6.06 Method of Exercise.  Subject to Section 6.04, each option
may be exercised in whole or in part from time to time as
specified in the stock option agreement.  Each Grantee may
exercise an option by giving written notice of the exercise to
the Company, specifying the number of shares to be purchased,
accompanied by payment in full of the purchase price therefor.
The purchase price may be paid in cash, by check, or, with the
approval of the Committee, by delivering shares of Company Stock
which have been beneficially owned by the Grantee, the Grantee's
spouse, or both of them for a period of at least six months prior
to the time of exercise ("Delivered Stock) or a combination of
cash and Delivered Stock.  Delivered Stock shall be valued at its
Fair Market Value determined as of the date of exercise of the
option.  No Grantee shall be under any obligation to exercise any
option hereunder.

	6.07 Merger, Consolidation or Reorganization.  In the event of a
merger, consolidation or reorganization with another corporation
in which the Company is not the surviving corporation, the
Committee shall, subject to the approval of the Board of
Directors of the Company, or the board of directors of any
corporation assuming the obligations of the Company hereunder,
take action regarding each outstanding and unexercised option
pursuant to either clause (a) or (b) below:

        (a)  Appropriate provision may be made for the protection of such
               option by the substitution on an equitable basis of appropriate
               shares of the surviving corporation, provided that the excess of
               the aggregate Fair Market Value of the shares subject to such
               option immediately before such substitution over the exercise
               price thereof is not more than the excess of the aggregate fair
               market value of the substituted shares made subject to option
               immediately after such substitution over the exercise price
               thereof; or

	(b)  The Committee may cancel such option.  In such event, the
Company, or the corporation assuming the obligations of the
Company hereunder, shall pay the employee an amount of cash (less
normal withholding taxes) equal to the excess of the highest Fair
Market Value per share of the Company Stock during the 60-day
period immediately preceding the merger, consolidation or
reorganization over the option exercise price, multiplied by the
number of shares subject to such option.

     6.08 Dissolution or Liquidation.  Anything contained herein to
the  contrary  notwithstanding, on  the  effective  date  of  any
dissolution  or  liquidation of the Company, the holder  of  each
then  outstanding and unexercised option shall receive  the  cash
amount  described  in  6.07(b) hereof and such  option  shall  be
cancelled.

	6.09 Conditional Cashless Exercise.  In connection with the
Company's tender offer to purchase shares of Company stock to be
dated on or about October 4, 1999 (the "Offer"), a Grantee may
elect a conditional cashless exercise of the Grantee's options
which are then exercisable.  The conditional cashless exercise
will permit a Grantee to exercise the option only if, and to the
extent, the Company will actually purchase the option shares in
the Offer.  If after taking into account any proration, the
Company purchases less than all of the option shares which the
Grantee has tendered in the Offer, the options will be exercised,
and the option shares purchased, in the order designated by the
Grantee in an option election form.  If any of the tendered
option shares are not purchased, the related options will not be
considered to have been exercised and will remain outstanding.
The Grantee will not be required to pay cash for the exercise
price, and the consideration received by the Grantee whose option
shares are purchased in a conditional cashless exercise will be
the difference between the purchase price per share in the Offer
and the exercise price per share relating to the option shares so
purchased (less applicable  tax withholding).

VII. RESTRICTED STOCK.

     7.01 Administration.  Shares of restricted stock may be issued
either  alone  or in addition to other Awards granted  under  the
Plan.   The  Committee shall determine the Eligible Employees  to
whom  and  the time or times at which grants of restricted  stock
will  be  made, the number of shares to be awarded, the  time  or
times  within which such Awards may be subject to forfeiture  and
any  other terms and conditions of the Awards.  The Committee may
condition  the  grant of restricted stock upon the attainment  of
specified  performance goals so that the grant would  qualify  as
"performance-based  compensation" within the meaning  of  Section
162(m) of the Code.  In such case, the performance goals that may
be used by the Committee shall be based on any one or more of the
following,  as  determined  by  the  Committee:  the  amount   of
consolidated  operating income expressed as a percentage  of  net
sales  and  the  return  on net assets of  the  Company  and  any
subsidiary.   The  Committee  may also  condition  the  grant  of
restricted  stock  upon such other conditions,  restrictions  and
contingencies as the Committee may determine.  The provisions  of
restricted stock Awards need not be the same with respect to each
recipient.

	7.02 Awards and Certificates.  Each individual receiving a
restricted stock Award shall be issued a certificate in respect
of such shares of restricted stock.  Such certificate shall be
registered in the name of such individual and shall bear an
appropriate legend referring to the terms, conditions, and
restrictions applicable to such Award, substantially in the
following form:

     "The  transferability of this certificate and the shares  of
     stock  represented  hereby  are subject  to  the  terms  and
     conditions  (including forfeiture) of  the  Oshkosh  B'Gosh,
     Inc.  1994  Incentive  Stock Plan  and  a  Restricted  Stock
     Agreement.  Copies of such Plan and Agreement are on file at
     the offices of Oshkosh B'Gosh, Inc."

     The  Committee may require that the certificates  evidencing
such  shares  be  held  in  custody  by  the  Company  until  the
restrictions thereon shall have lapsed and that, as  a  condition
of any restricted stock Award, the Grantee shall have delivered a
stock  power,  endorsed in blank, relating to the  Company  Stock
covered by such Award.

     7.03 Terms and Conditions.  Shares of restricted stock shall be
subject to the following terms and conditions:

        (a)  Until the applicable restrictions lapse, the Grantee shall
               not be permitted to sell, assign, transfer, pledge or otherwise
               encumber shares of restricted stock.

	(b)  The Grantee shall have, with respect to the shares of
restricted stock, all of the rights of a stockholder of the
Company, including the right to vote the shares and the right to
receive any cash dividends.  Unless otherwise determined by the
Committee, cash dividends shall be automatically paid in cash and
dividends payable in Company Stock shall be paid in the form of
additional restricted stock.

	(c)  Except to the extent otherwise provided in the applicable
Restricted Stock Agreement and (d) below, all shares still
subject to restriction shall be forfeited by the Grantee upon
termination of a Grantee's employment for any reason.

	(d)  In the event of hardship or other special circumstances of a
Grantee whose employment is involuntarily terminated (other than
for cause), the Committee may waive in whole or in part any or
all remaining restrictions with respect to such Grantee's shares
of restricted stock.

	(e)  If and when the applicable restrictions lapse, unlegended
certificates for such shares shall be delivered to the Grantee.

	(f)  Each Award shall be confirmed by, and be subject to the
terms of, a Restricted Stock Agreement.

VIII.     WITHHOLDING TAXES.

     8.01 General Rule.  Pursuant to applicable federal and state
laws,  the  Company is or may be required to collect  withholding
taxes  upon  the  exercise of an option or  the  lapse  of  stock
restrictions.   The Company may require, as a  condition  to  the
exercise  of  an  option or the issuance of a stock  certificate,
that  the Grantee concurrently pay to the Company (either in cash
or,  at  the  request  of Grantee but in the  discretion  of  the
Committee  and  subject  to such rules  and  regulations  as  the
Committee  may  adopt from time to time, in shares  of  Delivered
Stock)  the  entire amount or a portion of any  taxes  which  the
Company  is  required to withhold by reason of such  exercise  or
lapse  of  restrictions, in such amount as the Committee  or  the
Company in its discretion may determine.

	8.02 Withholding from Shares to be Issued.  In lieu of part or
all of any such payment, the Grantee may elect, subject to such
rules and regulations as the Committee may adopt from time to
time, or the Company may require that the Company withhold from
the shares to be issued that number of shares having a Fair
Market Value equal to the amount which the Company is required to
withhold.

	8.03 Special Rule for Insiders.  Any such request or election (to
satisfy a withholding obligation using shares) by an individual
who is subject to the provisions of Section 16 of the Securities
Exchange Act of 1934 shall be made in accordance with the rules
and regulations of the Securities and Exchange Commission
promulgated thereunder.

IX.  GENERAL

     9.01 Nontransferability.  Unless otherwise specified by  the
Committee,  no Award granted under the Plan shall be transferable
or  assignable except by last will and testament or the  laws  of
descent and distribution.  During the Grantee's lifetime, options
shall  be  exercisable only by the Grantee or  by  the  Grantee's
guardian or legal representative.

	9.02 General Restriction.  Each Award shall be subject to the
requirement that if at any time the Board or the Committee shall
determine, in its discretion, that the listing, registration, or
qualification of securities upon any securities exchange or under
any state or federal law, or the consent or approval of any
government regulatory body, is necessary or desirable as a
condition of, or in connection with, the granting of such option
or the issue or purchase of securities thereunder, such option
may not be exercised in whole or in part unless such listing,
registration, qualification, consent or approval shall have been
effected or obtained free of any conditions not acceptable to the
Board or the Committee.

	9.03 Expiration and Termination of the Plan.  Awards may be
granted under the Plan at any time and from time to time, prior
to August 8, 2004, the date on which the Plan will expire, except
as to Awards then outstanding under the Plan, which shall remain
in effect until they have been exercised, the restrictions have
lapsed or the Awards have expired or been forfeited.  The Plan
may be abandoned or terminated at any time by the Board of
Directors of the Company, except with respect to any Awards then
outstanding under the Plan.

	9.04 Amendments.  The Board may from time to time amend, modify,
suspend or terminate the Plan; provided, however, that no such
action shall (a) impair without the Grantee's consent any Award
theretofore granted under the Plan or deprive any Grantee of any
shares of Company Stock which he or she may have acquired through
or as a result of the Plan or (b) be made without shareholder
approval where such approval would be required as a condition of
compliance with Rule 16b-3.

	9.05 Construction.  Except as otherwise required by applicable
federal laws, the Plan shall be governed by, and construed in
accordance with, the laws of the State of Wisconsin.

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