Document:

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                                                                    EXHIBIT 4.27

                             SHAREHOLDER'S AGREEMENT

         THIS AGREEMENT is made this _____ day of __________, 2002, by and
between __________________, herein referred to as "Shareholder", and FIRST
INTERSTATE BANCSYSTEM, INC., a Montana corporation, 401 North 31st Street,
Billings, Montana 59101, herein referred to as the "Corporation".

                                    RECITALS:

         A. Shareholder owns capital stock of the Corporation, which together
with any additional stock hereafter acquired by Shareholder, except for stock
acquired from the Savings Plan (as defined herein) is referred to herein as the
"Stock".

         B. The Corporation desires to restrict the issuance and holding of its
corporate stock to officers, directors, including advisory directors and any
other classification or designation of directors hereafter made by the
Corporation, and employees of the Corporation or any of its subsidiaries, and to
fiduciaries for the benefit of any such persons, to charities, and to such other
persons as the Corporation may permit.

         C. The Corporation and Shareholder make this Agreement to set forth the
restrictions on the Stock.

         NOW, THEREFORE, in consideration of the above facts and the
Shareholder's and the Corporation's mutual promises herein, the Shareholder and
the Corporation agree as follows:

         1.       DEFINITIONS. The following definitions shall apply to this
                  Agreement:

                  (a)      "Call Right" means the call right of the Corporation
                           described in paragraph 4.2.

                  (b)      "Charity" is defined in paragraph 3.

                  (c)      "Code" is defined in paragraph 3.

                  (d)      "Competitor" means a bank, credit union, savings
                           bank, stock brokerage firm, insurance company or
                           producer, trust services provider, mortgage lender or
                           broker, credit provider, escrow services provider,
                           data technology services provider, banking item
                           processing service provider, or any other business
                           providing goods or services provided by the
                           Corporation or any of its subsidiaries or affiliates
                           now or at any time in the future relevant to any
                           provisions of this Agreement in any market area
                           served by the Corporation or any of its subsidiaries
                           or affiliates or in which the Corporation or any of
                           its subsidiaries or affiliates is soliciting
                           business.

                  (e)      "Corporation" is defined in the opening paragraph of
                           this Agreement.

                  (f)      "Fair Market Value" is defined in paragraph 9.1.

                  (g)      "Purchase Right" means the Right of First Refusal or
                           the Call Right.

Shareholder's Agreement
August 19, 2002

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                  (h)      "Right of First Refusal" is defined in paragraph 4.1.

                  (i)      "Savings Plan" means the Savings and Profit Sharing
                           Plan For Employees of First Interstate BancSystem,
                           Inc., as amended from time to time.

                  (j)      "Shareholder's Relationship with the Corporation"
                           means any employment or other service relationship of
                           the Shareholder with the Corporation or any of its
                           subsidiaries or affiliates including but not limited
                           to being an employee, member, partner, officer,
                           director, advisory director, and any other
                           classification or designation of officers or
                           directors hereafter made by the Corporation or any of
                           its subsidiaries or affiliates.

                  (k)      "Stock" is defined in Recital paragraph A.

                  (l)      "Termination" means the end of a Shareholder's
                           Relationship with the Corporation or any of its
                           subsidiaries or affiliates whether by resignation,
                           death, termination, or otherwise.

         2. RESTRICTION ON TRANSFER OR PLEDGE OF STOCK. Except as otherwise
provided in this Agreement or as agreed upon in writing by the Shareholder and
the Corporation, Shareholder shall not transfer or permit to be transferred,
whether voluntarily, involuntarily or by operation of law, resulting from death
or otherwise, any or all of the Stock, and any attempted transfer in violation
of this Agreement shall be void. Shareholder shall not encumber or use any Stock
as security for a loan, except upon the written consent of the Corporation and
subject to the Corporation's rights herein. Under no circumstances, including
but not limited to the provisions of paragraphs 3 and 4.1 below, may a
Shareholder who has acquired Stock under any stock option plan now existing or
hereafter adopted by the Corporation transfer, attempt to transfer, or permit
the transfer of any of the Stock so acquired for a period of six (6) months
following the date of acquisition of such Stock. The certificate for the Stock
shall contain the restrictive legends provided in this Agreement, unless
otherwise agreed in writing by the Corporation.

         3. TRANSFER OF STOCK TO CHARITY. A Shareholder may transfer Stock to
any organization described in Section 170(b)(1)(A) of the Internal Revenue Code
of 1986, as now or hereafter amended (the "Code"), a gift to which qualifies as
a charitable deduction under Sections 170(c), 2055(a), or 2522(a) of the Code (a
"Charity"). Stock transferred to a Charity shall be subject to the terms of this
Agreement, except for the provisions of paragraph 4.2.1, and the Charity shall
be included in the definition of "Shareholder" herein. The certificate issued to
the Charity for the Stock shall contain the restrictive legends required by this
Agreement.

         4. CORPORATION STOCK PURCHASE RIGHTS.

         4.1 RIGHT OF FIRST REFUSAL. If Shareholder desires to sell or transfer
any Stock, Shareholder shall give written notice of such desire to the
Corporation in the form of Exhibit A attached hereto. If other than by reason of
Shareholder's death, any of Shareholder's Stock is transferred by operation of
law to any person other than the Corporation (such as, but not limited to,
Shareholder's trustee in bankruptcy, a purchaser at any execution sale, or the
guardian or conservator of Shareholder), Shareholder or Shareholder's guardian
or conservator, as the case may be, shall immediately give written notice to the
Corporation of the transfer. Unless the proposed sale or transfer of stock is
agreed upon in writing between the Corporation and Shareholder pursuant to
paragraph 2, then within one hundred ninety (190) days after the Corporation's
receipt of any notice referred to in this paragraph, the Corporation may
exercise its

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August 19, 2002

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right to purchase all but not less than all of the Stock desired to be sold or
transferred by Shareholder or involuntarily transferred (the "Right of First
Refusal"), upon the terms set forth in this Agreement.

         4.2 CALL RIGHT.

         4.2.1 CALL RIGHT ON TERMINATION OF RELATIONSHIP. Upon Termination of
Shareholder's Relationship with the Corporation, the Corporation shall have the
right, but not the obligation, to purchase all or any portion of Shareholder's
Stock (the "Call Right") on or after that date which is four (4) years after the
date of Termination, on the terms set forth in this Agreement, subject to the
following qualifications:

                  (i)      If Shareholder becomes an officer, director,
                           shareholder, member, partner, employee, or
                           independent contractor of, or establishes any other
                           relationship with, a Competitor of the Corporation,
                           as determined by the Corporation, which determination
                           shall be conclusive and irrefutable, then the Call
                           Right shall be accelerated and the Corporation may
                           exercise its Call Right at any time thereafter;

                  (ii)     If Shareholder owns less than 1,000 shares of stock,
                           then the Corporation may exercise its Call Right at
                           any time after one year following Termination of
                           Shareholder's Relationship with the Corporation;

                  (iii)    If Shareholder's service as an employee, officer, or
                           director of the Corporation or any of its
                           subsidiaries or affiliates ends and Shareholder at
                           any time thereafter becomes an advisory director of
                           the Corporation or any of its subsidiaries or
                           affiliates, the Corporation may, at its option,
                           exercise its Call Right as to any or all of
                           Shareholder's Stock over and above 5,000 shares at
                           any time after four years following the date on which
                           Shareholder becomes an advisory director. When
                           Shareholder's service as an advisory director ends,
                           the Corporation may exercise its Call Right as to any
                           or all of Shareholder's Stock at any time after four
                           years following termination.

         4.2.2 CALL RIGHT ON PERMITTED STOCK TRANSFERS. If any Stock is
transferred by the Shareholder to a Charity or any other person or party with
the written consent of the Corporation, the Corporation shall have the right to
exercise its Call Right for such Stock at any time after such transfer.

         4.2.3 GENERAL CALL RIGHT. In all circumstances other than those
addressed in paragraphs 4.2.1 and 4.2.2 above, the Corporation shall have the
right to exercise its Call Right for the Stock at any time.

         4.2.4 CALL RIGHT FOLLOWING DEATH OF SHAREHOLDER. Upon Shareholder's
death, the personal representative of the Shareholder's estate may distribute
the Stock to the Shareholder's beneficiaries subject to all terms and provisions
of this Agreement, including but not limited to the Right of First Refusal and
the Call Right. Each beneficiary of the deceased Shareholder who receives Stock
shall be included in the definition of "Shareholder" herein. If a Termination of
the Shareholder's Relationship with the Corporation has occurred prior to the
Shareholder's death so that the Call Right time period has begun to run under
paragraph 4.2.1., the time period shall continue to run and shall not start anew
because of the Shareholder's death, provided

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August 19, 2002

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however, that the Call Right may not be exercised by the Corporation prior to
one year after the date of Shareholder's death. Shareholder, by signing this
Agreement, directs Shareholder's personal representative to open Shareholder's
estate promptly in the court of proper jurisdiction, to notify the Corporation
in writing of the opening of the estate, to provide the Corporation information
concerning the proposed distribution of Stock through the estate, and to
cooperate with the Corporation to effectuate the terms and provisions of this
Agreement.

         5. ACQUISITION OF ADDITIONAL STOCK. If Shareholder acquires additional
Stock, whether through the exercise of stock options or otherwise during the
term of this Agreement, the Corporation shall have all rights set forth in this
Agreement with regard to such additional Stock, including but not limited to the
Call Right and Right of First Refusal set forth in paragraph 4. If a Termination
of the Shareholder's Relationship with the Corporation has occurred prior to the
Shareholder's acquisition of additional Stock so that the Call Right period has
begun to run under paragraph 4.2.1, the Call Right time period shall continue to
run and shall include the additional Stock, and shall not start anew with
respect to the additional Stock.

         6. CAPITAL ADJUSTMENTS TO STOCK. If there is any change in the Stock by
reason of a stock dividend or split, reorganization, recapitalization,
reclassification, merger, consolidation, combination, or exchange of shares or
other similar corporate change, the aggregate number of shares of Stock referred
to in any provision of this Agreement shall be appropriately adjusted by the
Corporation, whose determination shall be conclusive, provided, however, that
fractional shares shall be rounded up to the nearest whole share. No adjustment
shall be made in connection with the issuance by the Corporation of any
warrants, rights, or options to acquire additional shares of corporate stock or
of securities convertible into corporate stock.

         7. EXERCISE OF PURCHASE RIGHT. The Corporation shall exercise any
Purchase Right granted in this Agreement by delivering written notice of its
exercise of the Purchase Right, within any time period required hereunder, to
the Shareholder, or to the personal representative of Shareholder's estate if
the Shareholder is deceased.

         8. EFFECT OF CONSENT TO TRANSFER STOCK OR NON-EXERCISE OF RIGHT OF
FIRST REFUSAL. If the Corporation consents in writing to Shareholder's transfer
of any or all of the Stock and/or if the Corporation waives or fails to exercise
its Right of First Refusal on any or all of the Stock, then the Stock may be
transferred subject to the terms, conditions, and limitations of this Agreement
(except for the provisions of paragraph 4.2.1, which shall be inapplicable), and
the transferee shall be included in the definition of "Shareholder" herein.

         9. PURCHASE PRICE FOR SHARES.

         9.1 DETERMINATION OF PURCHASE PRICE. The purchase price for each share
of Stock purchased pursuant to any Purchase Right granted in this Agreement
shall be the Fair Market Value of the Stock . "Fair Market Value" means, as of
any date, the value of a share of Stock determined as follows:

                  (i)      If the Stock is regularly quoted by a recognized
                           securities dealer but selling prices are not
                           reported, its Fair Market Value shall be the mean
                           between the high bid and the low asked prices for the
                           Stock on the last market trading day prior to the
                           date of determination; or

                  (ii)     In the absence of an established market for the
                           Stock, its Fair Market Value shall be determined in
                           good faith by the Corporation's board of

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August 19, 2002

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                           directors which may, in its sole discretion, utilize
                           an independent third party to assist with the
                           determination of the Fair Market Value of the Stock,
                           which may take the form of a periodic appraisal of
                           the Fair Market Value of a share of Stock valued as a
                           minority interest.

         9.2 PAYMENT OF THE PURCHASE PRICE. The purchase price for Stock to be
purchased by the Corporation pursuant to this Agreement shall be paid in cash at
the closing of the purchase of the Stock. The Corporation may, at its option,
withhold any amount for which the Shareholder is obligated to the Corporation or
its subsidiaries from the amount of the purchase price payable to Shareholder
and apply said amount to such obligation.

         10. THE CLOSING.

         10.1 TIME AND PLACE. Unless otherwise agreed by the parties, the
closing of the sale and purchase of Stock, as provided in this Agreement, shall
take place at the general offices of the Corporation within thirty (30) days
after the Corporation's exercise of any Purchase Right.

         10.2 DOCUMENTS. At the closing of the sale and purchase of the Stock,
the Corporation and the Shareholder or other party having an interest in the
Stock being purchased hereunder shall execute and immediately deliver to each
other the various documents which shall be required to carry out their
undertakings hereunder, including but not limited to the payment of cash and the
assignment and delivery of stock certificates free and clear of all taxes,
debts, claims, judgments, liens or encumbrances whatsoever.

         11. LEGENDS ON CERTIFICATES. Certificates representing the Stock shall
bear such legends as may be required by the securities laws of the United States
and any applicable state, and the following legend reciting the existence of
this Agreement and restrictions on transfer of the Stock:

                  The sale, transfer or encumbrance of the shares of stock
                  represented by this certificate is subject to an agreement to
                  restrict transfer or acquisition of the shares. A copy of the
                  agreement is on file in the office of the secretary of the
                  Corporation. Any transfer or acquisition in violation of the
                  agreement is null and void.

         12. REISSUED STOCK. The Corporation shall have the right to substitute
or reissue stock in exchange for the Stock in the event of a stock split,
merger, consolidation, name change, sale, spin off, share exchange, or other
corporate reorganization. Substituted or reissued stock shall be subject to the
terms of this Agreement.

         13. TERM OF AGREEMENT. This Agreement shall be effective so long as
Shareholder owns any Stock or holds any option or other right to acquire any
Stock of the Corporation, and this Agreement shall bind all Stock now owned or
hereafter acquired by Shareholder.

         14. TERMINATION.

         14.1 EVENTS CAUSING TERMINATION. This Agreement and all restrictions on
Stock created hereby shall be effective as of the date hereof and shall
terminate on: (a) expiration of the term of this Agreement, (b) the occurrence
of the bankruptcy, receivership or dissolution of the Corporation, (c) the
public trading of the Stock, or (d) the execution of a written instrument

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August 19, 2002

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by the Corporation and the party or parties who then own Stock subject to this
Agreement which terminates the same.

         14.2 SURVIVAL OF RIGHTS AND REMEDIES. The termination of this Agreement
for any reason shall not affect any right or remedy existing hereunder prior to
the effective date of termination hereof.

         15. REMEDIES. The parties agree that they will not have an adequate
remedy at law for the breach of this Agreement because, among other reasons, the
Stock cannot readily be purchased or sold on the open market. The parties shall
have available for any breach of this Agreement the remedies of specific
performance and injunctive relief, together with all other remedies at law or in
equity. No waiver of or forbearance to enforce any right or provision hereof
shall be binding unless in writing and signed by the party to be bound, and no
such waiver or forbearance in any instance shall apply to any other instance or
any other right or provision.

         16. MODIFICATION OR TERMINATION. This Agreement may not be modified or
terminated orally, and no modification, termination, or amendment shall be valid
unless in writing signed by all parties hereto.

         17. GOVERNING LAW. This Agreement shall be governed for all purposes by
the laws of the State of Montana.

         18. SEVERABILITY. Each term and provision of this Agreement is intended
to be enforced to the maximum extent permitted by applicable law. If any term or
provision of this Agreement or the applicability thereof to any person or
circumstances shall to any extent be invalid or unenforceable, the remainder of
this Agreement, or the application of such term or provision to persons or
circumstances other than those as to which it is held invalid or unenforceable,
shall not be affected thereby and shall continue in full force and effect.

         19. STOCK HELD IN SAVINGS PLAN. This Agreement does not apply to or
restrict stock of the Corporation held in the Savings Plan of the Corporation.

         20. NOTICES. All notices provided for by this Agreement shall be made
in writing and shall be given either: (1) by actual delivery of the notice to
the party entitled thereto; or (2) by mailing the notice in the U.S. mails,
certified mail, return receipt requested to the last known address of the party
entitled thereto. The notice shall be deemed to be received in case (1) on the
date of its actual receipt by a party and in case (2) on the date of its
mailing.

         21. BINDING EFFECT. This Agreement is binding upon and inures to the
benefit of the Corporation and the Shareholder and their respective heirs, legal
representatives, successors and assigns.

         22. TIME. Time shall be of the essence of this Agreement.

         23. HEADINGS. The headings used herein are for convenience only, and
shall not be construed as a part of this Agreement or as a limitation on the
scope of the particular paragraphs to which they refer.

         24. ENTIRE AGREEMENT. This Agreement contains the entire agreement and
understanding of the parties, and supersedes any and all prior negotiations,
understandings, and agreements.

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August 19, 2002

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         IN WITNESS WHEREOF, the parties have executed this Agreement on the
date set forth on page 1.

                              FIRST INTERSTATE BANCSYSTEM, INC.

                              By
                                 -------------------------------

                              Its:
                                   --------------------------------------

                                                            "Corporation"

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

                                                            "Shareholder"

Shareholder's Agreement
August 19, 2002

                                       7
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                                    EXHIBIT A

                                     NOTICE

To:     First Interstate BancSystem, Inc.
        401 North 31st Street
        Billings, MT  59101

        Pursuant to the Shareholder's Agreement between the undersigned
        Shareholder and First Interstate BancSystem, Inc. ("Corporation"), the
        undersigned hereby gives notice of Shareholder's desire to sell or
        transfer _____ shares of Corporation common stock to __________________.

Dated:                           , 20    .
        -------------------------    ----

                                   ----------------------------------
                                   Shareholder

                                       8<PAGE>
                                                                    EXHIBIT 4.28

                         SAVINGS AND PROFIT SHARING PLAN

                                FOR EMPLOYEES OF

                        FIRST INTERSTATE BANCSYSTEM, INC.

        (As Amended and Restated Effective January 1, 2001 or Such Other
                  Dates As Stated Herein or As Required By Law)

<Table>
<S>                                                                                <C>
                               ARTICLE I. THE PLAN

1.1      Plan History and Effective Dates                                             1
1.2      Purposes of the Plan                                                         2

                             ARTICLE II. DEFINITIONS

2.1      Definitions                                                                  2
2.2      Gender and Number                                                           11

                           ARTICLE III. PARTICIPATION

3.1      Date of Participation                                                       11
3.2      Eligibility Service                                                         12
3.3      Duration of Participation                                                   13
3.4      Reemployment                                                                13
3.5      Leased Employees                                                            13
3.6      Transferred Employees                                                       13

                            ARTICLE IV. CONTRIBUTIONS

4.1      Employer Profit Sharing Contributions                                       13
4.2      Allocation of Employer Profit Sharing Contributions                         14
4.3      Before-Tax and Matching Contributions                                       14
4.4      After-Tax Contributions                                                     16
4.5      Contingency of Contributions on Profits                                     16
4.6      Application of Forfeitures                                                  16
4.7      Limitation of Elective Deferrals                                            16
4.8      Actual Deferral Percentage Test                                             17
4.9      Adjustment to Actual Deferral Percentage Test                               20
</Table>

                                       i

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<Table>
<S>                                                                                  <C>
4.10     Actual Contribution Percentage Test                                         22
4.11     Adjustment to Actual Contribution Percentage Test                           24
4.12     Limitations on Annual Account Additions                                     27
4.13     Rollover Contributions                                                      28

                         ARTICLE V. VESTING IN ACCOUNTS

5.1      After-Tax, Before-Tax and Rollover Contributions Accounts                   29
5.2      Employer Profit Sharing and Matching
         Contributions Accounts                                                      29
5.3      Vesting Service                                                             30
5.4      Forfeiture of Nonvested Amounts                                             30

                    ARTICLE VI. DISTRIBUTIONS AND WITHDRAWALS

6.1      Distribution upon Retirement, Death, or Disability                          31
6.2      Distribution upon Termination of Employment for Reasons
         other than Retirement, Death, or Disability                                 33
6.3      Consent to Early Distributions                                              33
6.4      Time of Distribution                                                        34
6.5      Required Distributions and Restrictions on
         Distributions                                                               35
6.6      Withdrawals                                                                 37
6.7      Loans                                                                       40
6.8      Financial Hardship                                                          43
6.9      Eligible Rollover Distribution                                              43

                        ARTICLE VII. INVESTMENT ELECTIONS

7.1      Investment of Accounts                                                      44
7.2      Model Portfolios                                                            45
7.3      Investment Elections                                                        45
7.4      Transfer of Assets                                                          45
7.5      Consequence of Investment Elections                                         46
</Table>

                                       ii

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<Table>
<S>                                                                                <C>
                           ARTICLE VIII. COMPANY STOCK

8.1      An Investment Fund                                                          46
8.2      Purchase of Shares                                                          46
8.3      Valuing Stock                                                               47
8.4      Crediting of Stock to Account                                               47
8.5      Dividends                                                                   47
8.6      Transfers from Company Stock Investment Fund                                47
8.7      Distributions and Stock                                                     47
8.8      Withdrawals of Company Stock                                                47
8.9      Loans and Stock                                                             47
8.10     Voting of Stock                                                             47
8.11     Tender Offers                                                               48

                  ARTICLE IX. ACCOUNTS AND RECORDS OF THE PLAN

9.1      Accounts and Records                                                        48
9.2      Trust Fund                                                                  49
9.3      Valuation and Allocation of Expenses                                        49
9.4      Allocation of Earnings and Losses                                           49

                              ARTICLE X. FINANCING

10.1     Financing                                                                   49
10.2     Contributions                                                               49
10.3     Nonreversion                                                                49
10.4     Rights in the Trust Fund                                                    50

                    ARTICLE XI. COMMITTEE AND ADMINISTRATION

11.1     Committee                                                                   50
11.2     Organization                                                                50
11.3     Manner of Action                                                            50
11.4     Self-Interest                                                               50
11.5     Compensation and Expenses                                                   50
11.6     Powers                                                                      51
11.7     Information                                                                 51
11.8     Appeals from Denial of Claims                                               51
11.9     Notice of Address                                                           52
11.10    Application for Benefits and Data                                           52
11.11    Indemnity for Liability                                                     52
11.12    Effect of a Mistake                                                         53
</Table>

                                      iii

<PAGE>

<Table>
<S>                                                                                  <C>
11.13    Missing Persons                                                             53
11.14    Appointment of Investment Manager                                           53
11.15    Allocation of Fiduciary Responsibility                                      53
11.16    Agency                                                                      54

                     ARTICLE XII. AMENDMENT AND TERMINATION

12.1     Amendment and Termination                                                   54
12.2     Limitations on Amendments                                                   54
12.3     Effect of Bankruptcy and Other Contingencies
         Affecting the Employer                                                      55
12.4     Limitation on Employer Liability                                            55
12.5     Amendment of Vesting Schedule                                               55

                           ARTICLE XIII. MISCELLANEOUS

13.1     Beneficiary Designation                                                     56
13.2     Incompetency                                                                57
13.3     Nonalienation                                                               57
13.4     Employment Rights                                                           58
13.5     Applicable Law                                                              58
13.6     Participation in the Plan by an Affiliate                                   58
13.7     Merger, Consolidation, or Transfer                                          58

                        ARTICLE XIV. TOP-HEAVY PROVISIONS

14.1     Application of Top-Heavy Provisions                                         58
14.2     Definitions                                                                 59
14.3     Minimum Contribution                                                        60
14.4     Active Participant                                                          61
</Table>

                                       iv

<PAGE>

                               ARTICLE I. THE PLAN

         1.1 PLAN HISTORY AND EFFECTIVE DATES. First Interstate BancSystem,
Inc., formerly known as First Interstate BancSystem of Montana, Inc., formerly
known as Security Banks of Montana (the "Company") heretofore established and
maintained a savings plan, known as the "Savings Plan for Employees of First
Interstate BancSystem of Montana, Inc." (the "Savings Plan"), for the benefit of
its eligible Employees, effective as of July 1, 1983. Said Savings Plan was
thereafter further amended and restated, effective as of January 1, 1987.

         Additionally, the Company heretofore established and maintained a
profit sharing plan, known as the "Profit Sharing Plan for Employees of First
Interstate BancSystem of Montana, Inc." (the "Profit Sharing Plan"), for the
benefit of its eligible Employees, effective as of January 1, 1983. Said Profit
Sharing Plan was thereafter further amended and restated, effective as of
January 1, 1987.

         Effective as of January 1, 1991, the Profit Sharing Plan was merged
into the Savings Plan and the resulting plan was renamed the "Savings and Profit
Sharing Plan for Employees of First Interstate BancSystem of Montana, Inc." (the
"Plan").

         Said Plan is hereby further amended and restated as set forth herein
effective as of January 1, 2001 or such other dates as stated herein or as
required by law.

         The amendments contained in section 13.8 hereof, relating to the
Uniformed Services Employment and Reemployment Rights Act, are made
retroactively effective as of December 12, 1994.

         The amendments contained in section 4.12(b)(1) hereof, relating to the
dollar limitation under Code section 415(c), are made retroactively effective
as of January 1, 1995.

         The amendments contained in the following sections of this restatement
of the Plan are made retroactively effective as of January 1, 1997: Section
2.1(k) (definition of "Compensation") and sections 4.7 through 4.11 hereof,
inclusive (limitations on Before-Tax and Matching Contributions) as well as the
related definitions in section 2.1(z) ("Highly Compensated Employee"), section
2.1 (aa) ("Highly Compensated Participant") and section 2.1 (ff) ("Non-Highly
Compensated Participant"); section 3.5 ("Leased Employees"); and section 6.5(a)
("Required Beginning Date").

         The amendments contained in the following sections of this restatement
of the Plan are made retroactively effective as of January 1, 2000: Section 4.12
(formerly Section 4.8, relating to the annual additions limit under Code section
415) other than subsection(b)(1) thereof; section 6.3(a) and (b) (formerly
section 6.4, relating to the cashout limit and consent requirements under Code
section 411(a)(11)); and section 6.9(b)(1)(C) (excluding certain hardship
distributions from the definition of "Eligible Rollover Distribution").

                                       1
<PAGE>

         The deletion of section 6.11 of the Plan as in effect on December 31,
2000, relating to certain grandfathered annuity distribution options, shall be
effective January 1, 2002, provided that such amendment shall not be effective
with respect to any distribution to a Member having an annuity starting date
prior to the earlier of: (1) the 90th day after the date the Member has been
furnished a summary of such amendment that satisfies the requirements of 29 CFR
2520.104b-3; or (2) January 1, 2003.

         Notwithstanding any other provision of this Plan, the amendments
contained in this restatement of the Plan shall be given retroactive effect to
the extent necessary to comply with the requirements of the Uruguay Round
Agreements Act, the Uniformed Services Employment and Reemployment Rights Act of
1994, the Small Business Job Protection Act, the Taxpayer Relief Act of 1997,
the Internal Revenue Service Restructuring and Reform Act of 1998, and other
applicable provisions of the Internal Revenue Code, Treasury Regulations and
Internal Revenue Service.

         1.2 PURPOSES OF THE PLAN. The purposes of the Plan are to enable
Participants to share in the profitable operations of the Company and to provide
a convenient way for Participants to save on a regular and long-term basis for
retirement.

                             ARTICLE II. DEFINITIONS

         2.1 DEFINITIONS. Whenever used in the Plan, the following terms shall
have the respective meanings set forth below unless otherwise expressly provided
herein, and when the defined meaning is intended the term is capitalized.

         (a)      "ACCOUNT" means the separate account maintained for each
                  Member which represents his total proportionate interest in
                  the Trust Fund as of any Valuation Date and which consists of
                  the sum of the following subaccounts:

                  (1)      "AFTER-TAX CONTRIBUTIONS ACCOUNT" means that portion
                           of such Member's Account which evidences the value of
                           the After-Tax Contributions made by the Member prior
                           to January 1, 1989, including the net worth of the
                           Trust Fund attributable thereto.

                  (2)      "BEFORE-TAX CONTRIBUTIONS ACCOUNT" means that portion
                           of such Member's Account which evidences the value of
                           the Before-Tax Contributions made on his behalf by an
                           Employer, including the net worth of the Trust Fund
                           attributable thereto.

                  (3)      "EMPLOYER PROFIT SHARING CONTRIBUTIONS ACCOUNT" means
                           that portion of such Member's Account which evidences
                           the value of the Employer Profit Sharing
                           Contributions made on his behalf by an Employer,
                           including the net worth of the Trust Fund
                           attributable thereto.

                                       2
<PAGE>

                  (4)      "MATCHING CONTRIBUTIONS ACCOUNT" means that portion
                           of such Member's Account which evidences the value of
                           the Matching Contributions made on his behalf by an
                           Employer, including the net worth of the Trust Fund
                           attributable thereto.

                  (5)      "ROLLOVER CONTRIBUTIONS ACCOUNT" means that portion
                           of such Member's Account which evidences the value of
                           a Member's Rollover Contributions made by the Member
                           pursuant to section 4.13, including the net worth of
                           the Trust Fund attributable thereto.

         (b)      "AFFILIATE" means--

                  (1)      any corporation other than the Company, i.e., either
                           a subsidiary corporation or an affiliated or
                           associated corporation of the Company, which together
                           with the Company is a member of a "controlled group"
                           of corporations (as defined in section 414(b) of the
                           Code);

                  (2)      any organization which together with the Company is
                           under "common control" (as defined in section 414(c)
                           of the Code);

                  (3)      any organization which together with the Company is
                           an "affiliated service group" (as defined in section
                           414(m) of the Code); or

                  (4)      any other entity required to be aggregated with the
                           Company pursuant to Regulations under section 414(o)
                           of the Code.

         (c)      "AFTER-TAX CONTRIBUTIONS" means the voluntary contributions
                  made by a Member prior to January 1, 1989 as described in
                  section 4.4.

         (d)      "BEFORE-TAX CONTRIBUTIONS" means the contributions made by an
                  Employer on behalf of a Participant pursuant to his election
                  to reduce his Compensation as described in section 4.3(a).

         (e)      "BENEFICIARY" means the person or persons designated by a
                  Member pursuant to section 13.1.

         (f)      "BOARD" means the Board of Directors of the Company.

                                       3
<PAGE>

         (g)      "BREAK IN SERVICE" means the cessation of crediting Hours of
                  Service when the Employee--

                  (1)      resigns;

                  (2)      is discharged;

                  (3)      fails to report to work within the period required
                           under the law pertaining to veterans' reemployment
                           rights after the Employee is released from military
                           duty with the armed forces of the United States, in
                           which case the Employee's Break in Service shall be
                           deemed to have occurred on the first day of the
                           Employee's authorized leave of absence for such
                           military duty;

                  (4)      is on an authorized leave of absence and fails to
                           return to employment, in which case the Employee's
                           Break in Service shall be deemed to have occurred on
                           the first day of the Employee's authorized leave of
                           absence; or

                  (5)      retires or dies.

         (h)      "CODE" means the Internal Revenue Code of 1986, as amended.

         (i)      "COMMITTEE" means the committee described in section 11.1.

         (j)      "COMPANY" means First Interstate BancSystem, Inc. (formerly
                  known as "First Interstate BancSystem of Montana, Inc." and
                  previously "Security Banks of Montana"), or any successor.

         (k)      "COMPENSATION" means a Participant's pay, determined as
                  follows:

                  (1)      Plan Compensation. For all purposes of the Plan,
                           except as otherwise specified, Compensation means the
                           base pay, excluding bonuses, overtime, and incentive
                           pay, actually received by a Participant from an
                           Employer during any Plan Year, and including
                           commission paid to mortgage and real estate personnel
                           and brokers' commissions received after June 30,
                           1999, all determined prior to any election to reduce
                           his Compensation under Code section 401(k) as
                           described in section 4.3(a) and determined prior to
                           any salary reductions under Code section 125 related
                           to the First Interstate BaneSystem of Montana, Inc.
                           Flexible Compensation Program, provided however that
                           an Employee's Compensation for any period under this
                           paragraph (1) shall be limited in accordance with the
                           Annual Compensation Limit provided in paragraph (4)

                                       4
<PAGE>

                           hereof. For purposes of sections 4.2 and 4.3, only
                           Compensation an individual receives while a
                           Participant shall be taken into account.

                  (2)      Section 414(s) Compensation. Section 414(s)
                           Compensation means an Employee's compensation, as
                           defined in section 415(c)(3) of the Code and the
                           applicable Regulations plus, in Plan Years ending
                           before January 1, 1998 (i.e., before the following
                           amounts are included in the definition of "Section
                           415 Compensation"), elective contributions that are
                           made by the Employer on behalf of the Employee which
                           are excludable from the Employee's income under Code
                           section 125 or section 402(h).

                           For purposes of sections 4.8, 4.9, 4.10 and 4.11, the
                           Company may elect to use the definition of Section
                           415 Compensation under paragraph (3) below or any
                           alternative definition permitted under Regulations in
                           lieu of this definition.

                           An Employee's Section 414(s) Compensation for any
                           period shall be limited in accordance with the Annual
                           Compensation Limit provided in paragraph (4) hereof.

                  (3)      Section 415 Compensation. For purposes of applying
                           the limits of section 415 of the Code, as described
                           in section 4.12, Compensation means an Employee's
                           compensation as defined in section 415(c)(3) of the
                           Code and the applicable Regulations thereunder
                           including, in Plan Years ending after December 31,
                           1997, elective contributions that are made by the
                           Employer on behalf of the Employee which are
                           excludable from the Employee's income under Code
                           section 125 or section 402(h).

                  (4)      Annual Compensation Limit. Compensation as defined in
                           paragraphs (1) and (2) hereof taken into account
                           under the Plan for any continuous period of time
                           shall not exceed an amount equal to the annual
                           compensation limit in effect under Code section 401
                           (a)(17) (as adjusted by the Commissioner for
                           increases in the cost of living). The Annual
                           Compensation Limit 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 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.

                                       5
<PAGE>

         (l)      "DISABILITY" means a physical or mental injury or disease
                  which causes an Employee to be permanently incapable of
                  rendering satisfactory service to an Employer, as determined
                  by the Plan Administrator under rules consistently and
                  uniformly applied to all Employees.

         (m)      "DISTRIBUTION DATE" means a date as of which a Member's
                  Account may be distributed, or commence to be distributed, to
                  him. The business day coinciding with or next following the
                  fifteenth day of each calendar month shall be a distribution
                  date.

         (n)      "EFFECTIVE DATE" means July 1, 1983, as to the Company, and
                  also means the date, if other than July 1, 1983, as of which
                  the Plan is made effective as to any other Employer.

         (o)      "ELIGIBILITY SERVICE" means the Service described in section
                  3.2.

         (p)      "EMPLOYEE" means any person who is employed by the Company or
                  another Employer which has adopted the Plan.

         (q)      "EMPLOYER" means the Company and any Affiliate which adopts
                  the Plan pursuant to section 13.6.

         (r)      "EMPLOYER PROFIT SHARING CONTRIBUTIONS" means the
                  contributions made by an Employer on behalf of a Participant
                  as described in section 4.1.

         (s)      "EMPLOYMENT COMMENCEMENT DATE" means the first day on which an
                  Employee first performs an Hour of Service for the Company or
                  an Affiliate, or, if applicable, the first day following a
                  Break in Service or a Severance from Service, on which an
                  Employee performs an Hour of Service for the Company or an
                  Affiliate.

         (t)      "ERISA" means the Employee Retirement Income Security Act of
                  1974, as amended.

         (u)      "EXCESS BEFORE-TAX CONTRIBUTIONS" means, with respect to a
                  Plan Year, the excess of Before-Tax Contributions made on
                  behalf of Highly Compensated Participants for the Plan Year
                  over the maximum amount of such contributions permitted under
                  section 4.8. Excess Before-Tax Contributions shall be treated
                  as Annual Additions pursuant to section 4.12.

         (v)      "EXCESS ELECTIVE DEFERRALS" has the meaning set forth in
                  Section 4.7.

                                       6
<PAGE>

         (w)      "EXCESS MATCHING CONTRIBUTIONS" means, with respect to a Plan
                  Year, the excess of Matching Contributions made on behalf of
                  Highly Compensated Participants for the Plan Year over the
                  maximum amount of such contributions permitted under section
                  4.10. Excess Matching Contributions shall be treated as Annual
                  Additions pursuant to section 4.12.

         (x)      "FORFEITURES" means those portions of Accounts which are
                  forfeited as described in sections 5.4 and 11.13.

         (y)      "HIGHLY COMPENSATED EMPLOYEE" means, an Employee who performed
                  services for the Employer during the Determination Year and is
                  in one or more of the following groups:

                  (1)      was a Five Percent Owner of the Employer at any time
                           during the Determination Year or Look-Back Year.
                           "Five Percent Owner" means any person who owns (or is
                           considered as owning within the meaning of Code
                           section 318) more than five percent of the
                           outstanding stock of the Employer or stock possessing
                           more than five percent of the total combined voting
                           power of all stock of the Employer or, in the case of
                           an unincorporated business, any person who owns more
                           than five percent of the capital or profits interest
                           in the Employer. In determining percentage ownership
                           hereunder, Employers that would otherwise be
                           aggregated under Code sections 414(b), (c), (m) and
                           (o) shall be treated as separate Employers; or

                  (2)      received Section 415 Compensation during the
                           Look-Back Year from the Employer in excess of
                           $80,000;

                  The "Determination Year" shall be the Plan Year for which
                  testing is being performed, and the "Look-Back Year" shall be
                  the immediately preceding twelve-month period.

                  For purposes of this section, the determination of Section 415
                  Compensation shall be based only on Section 415 Compensation
                  which is actually paid, and for Plan Years beginning before
                  January 1, 1998 shall be made without regard to Code sections
                  125, 402(e)(3), 402(h)(1)(B) and, in the case of Employer
                  contributions made pursuant to a salary reduction agreement,
                  without regard to Code section 403(b). Additionally, the
                  dollar threshold amount specified in subsection (2) shall be
                  adjusted at such time and in such manner as is provided in
                  Regulations. In the case of such an adjustment, the dollar
                  limit which shall be applied is that for the calendar year in
                  which the Look-Back Year begins.

                                       7
<PAGE>

                  In determining who is a Highly Compensated Employee, all
                  Affiliates shall be taken into account as a single Employer
                  and leased employees within the meaning of Code sections
                  414(n)(2) and 414(o)(2) shall be considered Employees unless
                  such leased employees are covered by a plan described in Code
                  section 414(n)(5) and are not covered in any qualified plan
                  maintained by the Employer.

                  A Highly Compensated Employee shall include a former employee
                  who separated from service prior to the Plan Year and who was
                  an active Highly Compensated Employee for either (i) the year
                  the employee separated from service, or (ii) any Plan Year
                  ending on or after the employee's fifty-fifth birthday.

         (z)      "HIGHLY COMPENSATED PARTICIPANT" means any Highly Compensated
                  Employee who is eligible to participate in the Plan.

         (aa)     "HOUR OF SERVICE" means--

                  (1)      Each hour for which an Employee is directly or
                           indirectly paid, or entitled to payment, by the
                           Company or an Affiliate for--

                           (A)      the performance of duties; or

                           (B)      the nonperformance of duties, including, but
                                    not limited to, vacation, holidays,
                                    sickness, disability, layoff, and similar
                                    paid periods of nonworking time; provided,
                                    however, no such Hours of Service shall be
                                    credited if a payment is made or due under a
                                    plan maintained solely to comply with
                                    applicable worker's compensation,
                                    unemployment compensation, or disability
                                    insurance laws, or if a payment solely
                                    reimburses an Employee for medically related
                                    expenses incurred by such Employee;

                  (2)      Each hour for which back pay, irrespective of
                           mitigation of damages, is either awarded or agreed to
                           by the Company or an Affiliate, with no duplication
                           of credit for hours.

                  The Plan Administrator shall determine Hours of Service in
                  accordance with reasonable standards and policies adopted by
                  it and shall credit Hours of Service in accordance with
                  Department of Labor regulation section 2530.200b-2.

                                       8
<PAGE>

         (bb)     "INCOME" means, for purposes of determining the amount of any
                  corrective distribution under Section 4.7, 4.9 or 4.11, the
                  sum of the gain or loss for the taxable year of the individual
                  which is allocable to Excess Elective Deferrals, Excess
                  Before-Tax Contributions and Excess Matching Contributions as
                  applicable, and not including the allocable gain or loss for
                  the period between the end of the taxable year and the date of
                  distribution.

         (cc)     "INVESTMENT FUND" means any investment fund established by the
                  Plan Administrator as an investment medium for the Trust Fund,
                  including, effective January 1, 1995 or as soon as practicable
                  thereafter, the stock fund described in Article VIII. The Plan
                  Administrator shall have the discretion to establish and
                  terminate such funds as it shall deem appropriate; and also to
                  determine such restrictions on the investment of the Account
                  (or any portion thereof) in any investment fund as it shall
                  deem appropriate, provided that any such restriction shall be
                  applied in a uniform and nondiscriminatory manner.

         (dd)     "MATCHING CONTRIBUTIONS" means the contributions made by an
                  Employer on behalf of a Participant, conditioned on the making
                  of Before-Tax Contributions, as described in section 4.3(b).

         (ee)     "MEMBER" means a Participant, or a former Participant who
                  still has a balance in his Account.

         (ff)     "NON-HIGHLY COMPENSATED PARTICIPANT" means any Participant who
                  is not a Highly Compensated Employee.

         (gg)     "ONE-YEAR BREAK IN SERVICE" means a Plan Year during which an
                  Employee who has had a Break in Service does not have more
                  than 500 Hours of Service. Solely for purposes of determining
                  whether an Employee has incurred a One-Year Break in Service,
                  an Employee who is absent from work for reasons of maternity
                  or paternity leave shall be credited with the number of Hours
                  of Service (not in excess of 501) equal to--

                  (1)      the number of Hours of Service which otherwise would
                           normally have been credited to such Employee for such
                           absence, or

                  (2)      in any case in which the number of Hours of Service
                           described in paragraph (1) cannot be determined,
                           eight Hours of Service per each day of such absence.

                  An absence for maternity or paternity reasons means an absence
                  by reason of the pregnancy of the Employee, by reason of the
                  birth of a child of the Employee, by reason of placement of a
                  child with the

                                       9

<PAGE>

                  Employee in connection with the adoption of such child by the
                  Employee, or for purposes of caring for such child for a
                  period immediately following such birth or placement.
                  Effective as of August 5, 1993, the foregoing definition shall
                  also apply to an absence from employment, not to exceed 12
                  weeks, for which an Employee is entitled to leave under
                  section 102(a) of the Family and Medical Leave Act of 1993 for
                  maternity or paternity reasons stated above or--

                  (A)      for purposes of caring for a spouse, child, or parent
                           (but not parent-in-law) who has a serious health
                           condition, or

                  (B)      because of the Employee's own serious health
                           condition.

                  The Hours of Service described in this section shall be
                  credited only in the employment year (or Plan Year, if
                  applicable) in which the absence from work begins if the
                  Employee would be prevented from incurring a One-Year Break in
                  Service in such year solely because of this section or, in any
                  other case, in the immediately following employment year (or
                  Plan Year, if applicable).

         (hh)     "PARTICIPANT" means any Employee who meets the eligibility
                  requirements to become a Participant as set forth in section
                  3.1.

         (ii)     "PLAN" means the Savings and Profit Sharing Plan for Employees
                  of First Interstate BancSystem, Inc. as set forth herein and
                  as amended from time to time.

         (jj)     "PLAN ADMINISTRATOR" means the entity which has been
                  designated as the "plan administrator" as provided in Article
                  XI.

         (kk)     "PLAN YEAR" means the calendar year beginning each January 1.

         (11)     "REGULATION" means the Income Tax Regulations as promulgated
                  by the Secretary of the Treasury or his delegate, and as
                  amended from time to time.

         (mm)     "RETIREMENT AGE" means the date a Participant attains his
                  fifty-fifth birthday.

         (nn)     "ROLLOVER CONTRIBUTION" means those contributions made by an
                  Employee as described in section 4.13.

         (oo)     "SECTION 414(S) COMPENSATION" means Compensation as defined in
                  section 2.1(k)(2).

         (pp)     "SECTION 415 COMPENSATION" means Compensation as defined in
                  section 2.1(k)(3).

                                       10
<PAGE>

         (qq)     "SERVICE" means employment with an Employer, an Affiliate, or
                  a predecessor thereof.

         (rr)     "TRUST AGREEMENT" means any agreement establishing a trust,
                  which forms part of the Plan, to receive, hold, invest, and
                  dispose of the Trust Fund.

         (ss)     "TRUSTEE" means the corporation, or individual or individuals,
                  or combination thereof acting as trustee under the Trust
                  Agreement at any time of reference.

         (tt)     "TRUST FUND" means the assets of every kind and description
                  held under the Trust Agreement.

         (uu)     "VALUATION DATE" means the last business day of each calendar
                  quarter, and such other date or dates as the Plan
                  Administrator shall declare as a Valuation Date for the Plan
                  or for any Account, category of Accounts, Investment Fund, or
                  shares of Company stock. With respect to each Investment Fund
                  other than the Company stock Investment Fund, each business
                  day during the Plan Year shall be a Valuation Date.

         (vv)     "VESTING SERVICE" means Service credited for vesting purposes
                  in accordance with section 5.3.

         2.2 GENDER AND NUMBER. The masculine pronoun whenever used shall
include the feminine and neuter pronoun, and the singular shall include the
plural where the context requires it.

                           ARTICLE III. PARTICIPATION

         3.1 DATE OF PARTICIPATION. Each Employee who was a Participant on
December 31, 2000 shall continue to be a Participant in this Plan. Each Employee
who was a Participant on April 30, 2001 shall continue to be a Participant in
this Plan only if on that date the Employee either (1) has completed at least
one year of Eligibility Service, or (2) is a regular status (non-temporary)
Employee who is regularly scheduled to work at least 20 hours per week for an
Employer. Each other Employee shall become a Participant after April 30, 2001

         (a)      in the case of an individual who became an Employee prior to
                  January 1, 2001 and was a regular status (non-temporary)
                  Employee regularly scheduled to work at least 20 hours per
                  week on December 31, 2000, the first January 1, April 1, July
                  1 or October 1 coinciding with or next following the
                  completion of one year of Eligibility Service;

         (b)      in any case not described in paragraph (a), on the first day
                  of the

                                       11
<PAGE>

                  month next following the date the Employee is classified as a
                  regular status (non-temporary) Employee and has begun working
                  a regular schedule of at least 20 hours per week for an
                  Employer, or if sooner, the first January 1 or July 1 next
                  following the completion of one year of Eligibility Service.

An Employee shall be eligible to make a Rollover Contribution before becoming a
Participant; provided, however, he shall be deemed a Participant to the extent
of the Employee's Rollover Contribution only and not for any other purposes
until the Employee otherwise is eligible to be and becomes a Participant for all
purposes hereunder.

         3.2 ELIGIBILITY SERVICE. An Employee shall receive credit for one year
of Eligibility Service upon the first to occur of (a) or (b) below:

         (a)      the completion of his initial 12-month period of employment
                  with the Company and/or one or more Affiliates, provided he
                  has completed at least 1,000 Hours of Service during such
                  12-month period; or

         (b)      the completion of any Plan Year beginning after his Employment
                  Commencement Date during which he has completed at least 1,000
                  Hours of Service for the Company and/or one or more
                  Affiliates.

         In the case of Employees who were employed by First Citizens Bank of
Bozeman, Montana on January 1, 1995, Eligibility Service shall include Hours of
Service performed for First Citizens Bank of Bozeman, Montana prior to the time
it became an Affiliate. In the case of Employees who were employed by First
National Park Bank, N.A. on July 1, 1995, Eligibility Service shall include
Hours of Service performed for First National Park Bank, N.A. prior to the time
it became an Affiliate. In the case of Employees who were employed in either the
Helena, Montana or Belgrade, Montana branch of the First National Bank of
Montana on the date on which substantially all the operating assets of such
branch were acquired by Company or an Affiliate, Eligibility Service shall
include Hours of Service performed for First National Bank of Montana prior to
such date.

         For purposes of determining the Eligibility Service of an individual
who is an employee of First Interstate Bank of Wyoming, N.A., First Interstate
Bank of Montana, N.A., Mountain Bank, Security State Bank Shares, Security State
Bank and Trust Company, Equality State Bank or Equality Bankshares and
Subsidiaries on the date such organization first becomes an Affiliate, service
previously completed by the individual as an employee of either such
organization (including service for any affiliated or predecessor entity taken
into account for eligibility purposes in a qualified pension or profit sharing
plan maintained by such organization) shall be taken into account to the same
extent as service completed for an Employer.

                                       12
<PAGE>

         3.3 DURATION OF PARTICIPATION. Participant shall continue to be a
Participant until he terminates his employment with all Employers; thereafter,
he shall be a Member for as long as he has an Account.

         3.4 REEMPLOYMENT. A former Participant shall again become a Participant
immediately upon resuming employment with an Employer. A former Employee who had
a termination of employment and was not a Participant at such termination of
employment shall, upon resuming employment as an Employee, receive credit for
the Hours of Service he had prior to such termination of employment for purposes
of determining his eligibility to become a Participant, and such a former
Employee who had completed one year of Eligibility Service prior to his
termination of employment but had not yet become a Participant in the Plan by
reason of his termination before the next occurring January 1, April 1, July 1,
or October 1 shall, upon resuming employment as an Employee after such date,
immediately participate in the Plan.

         3.5 LEASED EMPLOYEES. A person who is not an Employee of an Employer or
nonparticipating Affiliate and who performs services for an Employer or a
nonparticipating Affiliate, hereinafter referred to as the "Recipient," shall be
considered a "leased employee" if':

         (a)      such services are provided pursuant to an agreement between
                  the Recipient and any other person, corporation or other
                  entity;

         (b)      such person has performed such services for the Recipient
                  and/or one or more "related persons" within the meaning of
                  Code section 144(a)(3) on a substantially full-time basis for
                  a period of at least one year; and

         (c)      such services are performed under primary direction or control
                  by the Recipient.

         A person who is considered a "leased employee" of the Employer or
nonparticipating Affiliate shall not be considered an Employee for purposes of
the Plan. However, if such a person participates in the Plan as a result of
subsequent employment with the Company or participating Affiliate, he shall
receive Eligibility Service and Vesting Service for his period of employment as
a leased employee.

         3.6 TRANSFERRED EMPLOYEES. An Employee who is transferred from an
Affiliate into employment where he becomes a Participant hereunder shall be
credited with Eligibility Service and Vesting Service for all of his employment
with the Company and the Affiliate, before and after such transfer. Such Service
shall be credited in accordance with this Article III and Article V.

                            ARTICLE IV. CONTRIBUTIONS

         4.1 EMPLOYER PROFIT SHARING CONTRIBUTIONS. For the Plan Year, the
Employer shall make an Employer Profit Sharing Contribution to the Plan in such
amount (which

                                       13
<PAGE>

may be zero) as the Board shall determine by resolution, either specifying a
fixed amount or specifying a definite basis or formula by which a fixed amount
can be determined, and Participants shall be notified of said fixed amount or
basis or formula by any form of communication the Employer considers convenient.
The Employer Profit Sharing Contribution shall be paid to the Trustee not later
than the time prescribed by law for obtaining a federal income tax deduction for
such contribution.

         In no event shall an Employer make an Employer Profit Sharing
Contribution for any Plan Year which, when added to Before-Tax and Matching
Contributions for such Plan Year, is greater than the maximum amount deductible
from income under the applicable provisions of the Code.

         4.2 ALLOCATION OF EMPLOYER PROFIT SHARING CONTRIBUTIONS. The Employer
Profit Sharing Contributions for each Plan Year shall be allocated and credited
as of the last day of each Plan Year quarter for which the Employer Profit
Sharing Contribution was made to Employer Profit Sharing Contributions Accounts
of Members who are in the employ of the Employer as of that date or who are
Members who retired, died, or incurred a Disability during the Plan Year
quarter, in the proportion of the Compensation of each such Member for that Plan
Year quarter bears to the total of the Compensation of all such Members for that
Plan Year quarter. Only Compensation an individual receives while a Participant
shall be taken into account under this section.

         4.3 BEFORE-TAX AND MATCHING CONTRIBUTIONS. For each Plan Year, each
Employer shall contribute an amount equal to the sum of (a) Before-Tax
Contributions and (b) Matching Contributions; the amount of each of which is as
follows:

         (a)      BEFORE-TAX CONTRIBUTIONS. Each Participant may elect, on a
                  form provided by the Plan Administrator, to reduce his
                  Compensation by whole number percentage (not to exceed 15
                  percent in Plan Years beginning before January 1, 2002) and to
                  have the amount by which his Compensation is reduced
                  contributed on his behalf by his Employer as a Before-Tax
                  Contribution to the Plan.

                  In the case of a Participant who first becomes an Employee
                  after December 31, 2000, and any Participant who first becomes
                  an Employee during the Plan Year ended December 31, 2000 and
                  makes the election provided in the last sentence of section
                  5.2(a), if the individual does not affirmatively elect to
                  either (1) reduce his Compensation by a specified amount to be
                  contributed to the plan in accordance with the preceding
                  paragraph, or (2) not reduce his compensation in accordance
                  with the preceding paragraph, then his or her Compensation
                  shall be automatically reduced by 1 percent and this amount
                  shall be contributed on his behalf by his Employer as a
                  Before-Tax Contribution to the Plan.

                  Within a reasonable time after an Employee described in the
                  preceding paragraph is hired, and before the date the Employee

                                       14
<PAGE>

                  becomes a Participant, the Employer shall provide the Employee
                  with a notice that explains the automatic Compensation
                  reduction election described in the preceding paragraph, and
                  the Employee's right to elect to have no such Compensation
                  reduction contributions made to the Plan as Before-Tax
                  Contributions, or to alter the amount of those contributions,
                  including the procedure for exercising that right and the
                  timing for implementation of any such election. Each
                  Participant shall be notified annually of his or her
                  Compensation reduction percentage and the participant's right
                  to change the percentage, including the procedure for
                  exercising that right and the timing for implementation of any
                  such election.

                  A Participant may elect, on a form provided by the Plan
                  Administrator, to increase or decrease his Compensation
                  reductions (within the percentage limits stated above) or to
                  cease future Compensation reductions as of the first payday in
                  any month, provided the Participant files such form with the
                  Plan Administrator prior to the first day of the month. The
                  Plan Administrator may adopt rules concerning the
                  administration of this subsection.

                  The Before-Tax Contributions made on behalf of each
                  Participant shall be paid to the Trustee every pay period, at
                  the earliest date on which they can reasonably be segregated
                  from the Employer's general assets, not later than the 15th
                  business day of the month following the month in which such
                  amounts would otherwise have been payable to the Participant
                  in cash, and shall be allocated to such Participant's Account
                  as of the date on which they are received by the Trustee.

         (b)      MATCHING CONTRIBUTIONS. Each Employer shall make a Matching
                  Contribution on behalf of each Participant equal to 125
                  percent of the first 4 percent of Before-Tax Contributions
                  made with respect to such Participant. The Matching
                  Contributions made on behalf of each Participant shall be paid
                  to the Trustee every pay period and allocated to such
                  Participant's Matching Contributions Account as of the date on
                  which they are received by the Trustee. The amount of Matching
                  Contributions shall be adjusted on or before the close of the
                  Plan Year, so that the total amount of Matching Contributions
                  made on behalf of each Participant for the Plan Year equals
                  125 percent of the first four percent of Compensation
                  contributed by the Participant as a Before-Tax Contribution
                  during the Plan Year.

         (c)      CATCH-UP CONTRIBUTIONS. All Participants who are eligible to
                  make Before-Tax Contributions under this Plan and who have

                                       15
<PAGE>
                  attained Age 50 before the close of the Plan Year shall be
                  eligible to make catch-up contributions in accordance with,
                  and subject to the limitations of, Section 414(v) of the
                  Code. Such catch-up contributions shall not be taken into
                  account for purposes of the provisions of the Plan
                  implementing the required limitations of Sections 402(g) and
                  415 of the Code. The Plan shall not be treated as failing to
                  satisfy the provisions of the Plan implementing the
                  requirements of Section 401(k)(3), 401(k)(11), 401(k)(12),
                  410(b), or 416 of the Code, as applicable, by reason of
                  the making of such catch-up contributions. This Section 3.1(c)
                  shall apply to contributions after December 31, 2001. No
                  Matching Contributions shall be made with respect to such
                  catch-up contributions.

         4.4 AFTER-TAX CONTRIBUTIONS. Prior to January 1, 1989, each Participant
was allowed to contribute through payroll deductions, in addition to or in lieu
of any Before-Tax Contributions he was making under the Plan, certain specified
percentages of his Compensation (before reduction for Before-Tax Contributions)
to the Plan. Effective January 1, 1989, no additional After-Tax Contributions
shall be allowed under the Plan. After-Tax Contributions made prior to January
1, 1989 shall continue to be held in each Member's After-Tax Contributions
Account until distributed in accordance with the provisions of Article VI.

         4.5 CONTINGENCY OF CONTRIBUTIONS ON PROFITS. This Plan is designed as a
profit sharing plan under section 401(a) of the Code. However, payment by an
Employer of contributions to the Plan shall not be contingent on the existence
of current or accumulated profits of the Employer.

         4.6 APPLICATION OF FORFEITURES. Forfeitures occurring during any Plan
Year shall be used to reduce future Employer Profit Sharing and Matching
Contributions made under section 4.1 or due under section 4.3(b).

         4.7 LIMITATION OF ELECTIVE DEFERRALS. The "Elective Deferrals" (as
defined herein) made on behalf of any Participant in any calendar year under
this Plan and all other plans, contracts or arrangements of the Company or any
Affiliate shall not exceed the amount of the limitation in effect under Code
section 402(g)(1) for taxable years beginning in such calendar year.

         With respect to any taxable year, a Participant's "Elective Deferrals"
are defined as the sum of all employer contributions made on the Participant's
behalf pursuant to an election to defer under any qualified cash or deferred
arrangement under Code section 401(k) (including Before-Tax Contributions under
this Plan), any simplified employee pension cash or deferred arrangement
described in Code section 402(h)(l)(B), any plan described in Code section 501
(c)(18), and any employer contributions made for the purchase of an annuity
contract for the Participant under Code section 403(b) pursuant to a salary
reduction agreement.

                                       16
<PAGE>

         Notwithstanding any other provision of the Plan, "Excess Elective
Deferrals" (as defined herein), adjusted for any Income allocable thereto, shall
be distributed no later than April 15 to any Participant to whose Account Excess
Elective Deferrals were allocated for the preceding year. The amount distributed
shall not exceed the Participant's Before-Tax Contributions under the Plan for
the taxable year.

         "Excess Elective Deferrals" shall mean those Elective Deferrals that
are includable in a Participant's gross income under section 402(g) of the Code
to the extent such Participant's Elective Deferrals for a taxable year exceed
the dollar limitation under such Code section, taking into account only Elective
Deferrals under this Plan and any other plans of the Company and any Affiliate.

         The amount of Excess Elective Deferrals that may be distributed under
this section with respect to a Participant for a taxable year is reduced by any
Excess Before-Tax Contributions previously distributed pursuant to section 4.9
with respect to the Participant for the Plan Year beginning with or within the
taxable year.

         A corrective distribution of Excess Elective Deferrals under this
section shall include Income allocable to such Excess Elective Deferrals for the
Plan Year in which such excess occurred, to be determined in accordance with
Regulations under Code section 402(g). In lieu of using the safe harbor method
or the alternative method in the Regulations for allocating such Income, the
Plan Administrator may use any reasonable method for computing such Income,
provided that such method does not violate Code section 401 (a)(4), is used
consistently for all Participants and for all corrective distributions under the
Plan for the Plan Year, and is used by the Plan for allocating Income to
Participant's Accounts.

         4.8 ACTUAL DEFERRAL PERCENTAGE TEST.

         (a)      Maximum Annual Allocation: Subject to section 4.9, for each
                  Plan Year the annual allocation derived from Before-Tax
                  Contributions to Participants' Accounts shall satisfy one of
                  the following tests:

                  (1)      The Actual Deferral Percentage for the Highly
                           Compensated Participant group for the current Plan
                           Year shall not be more than the Actual Deferral
                           Percentage of the Non-Highly Compensated Participant
                           group for the current Plan Year multiplied by 1.25,
                           or

                  (2)      The excess of the Actual Deferral Percentage for the
                           Highly Compensated Participant group for the current
                           Plan Year over the Actual Deferral Percentage for the
                           NonHighly Compensated Participant group for the
                           current Plan Year shall not be more than two
                           percentage points. Additionally, the Actual Deferral
                           Percentage for the Highly Compensated Participant
                           group for the current Plan Year shall not exceed the
                           Actual Deferral Percentage for the

                                       17
<PAGE>

                           Non-Highly Compensated Participant group for the
                           current Plan Year multiplied by 2. The provisions of
                           Code section 401(k)(3) and Regulations section
                           1.401(k)-1(b) are incorporated herein by reference.

         (b)      For the purposes of this section "Actual Deferral Percentage"
                  means, with respect to the Highly Compensated Participant
                  group and Non-Highly Compensated Participant group for a Plan
                  Year, the average of the ratios, calculated separately for
                  each Participant in such group, of the amount of Before-Tax
                  Contributions allocated to each Participant's Account for such
                  Plan Year, to such Participant's Section 414(s) Compensation
                  for such Plan Year. The actual deferral ratio for each
                  Participant and the Actual Deferral Percentage for each group
                  shall be calculated to the nearest one-hundredth of one
                  percent. Before-Tax Contributions allocated to each Non-Highly
                  Compensated Participant's Account shall be reduced by Excess
                  Elective Deferrals, as defined in section 4.7, to the extent
                  such Excess Elective Deferrals are made under this Plan.

         (c)      The determination of an Employee's actual deferral ratio shall
                  take into account only the Employee's Section 414(s)
                  Compensation earned while the Employee is a Plan Participant,
                  unless the Plan Administrator determines that Excess
                  Before-Tax Contributions would be reduced by taking into
                  account each Employee's Section 414(s) Compensation for the
                  entire Plan Year.

         (d)      For the purposes of section 4.8(a) and 4.9, a Highly
                  Compensated Participant and a Non-Highly Compensated
                  Participant shall include any Employee eligible to make a
                  deferral election pursuant to section 4.3(a), whether or not
                  such deferral election was made or suspended pursuant to
                  section 4.3(a).

         (e)      For the purposes of this section and Code sections 401(a)(4),
                  410(b) and 401(k), if two or more plans of the Company or an
                  Affiliate which have the same plan year and which include cash
                  or deferred arrangements are considered one plan for the
                  purposes of Code section 401(a)(4) or 410(b), other than Code
                  section 410(b)(2)(A)(ii), the cash or deferred arrangements
                  included in such plans shall be treated as one arrangement. In
                  addition, two or more cash or deferred arrangements contained
                  in plans which have the same plan year may be considered as a
                  single arrangement for purposes of determining whether or not
                  such arrangements satisfy Code sections 401(a)(4), 410(b) and
                  401(k). In such a case, the cash or deferred arrangements
                  included in such plans and the plans including such
                  arrangements shall be treated as one arrangement

                                       18
<PAGE>

                  and as one plan for purposes of this section and Code sections
                  401(a)(4), 410(b) and 401(k).

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

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

         (g)      In accordance with Code section 401(k)(3)(F), the Plan
                  Administrator may, in its discretion, elect to apply this
                  section separately to each of two groups of Participants:

                  (1)      Non-Highly Compensated participants who have not
                           completed one Year of Service, or have not attained
                           age 21; and

                  (2)      All other Participants.

                  If a Participant is described in both (1) and (2) above for
                  different portions of the Plan Year, the Participant, together
                  with his or her Compensation and Before-Tax Contributions, if
                  any, shall be taken into account under (1) above as if he or
                  she were a Participant solely for pay periods beginning prior
                  to attainment of age 21 and completion of one Year of Service,
                  whichever occurs later, and shall be taken into account under
                  (2) above as if he or she were a Participant solely for pay
                  periods beginning after attainment of age 21 and completion of
                  one Year of Service, whichever occurs later.

         (h)      The Plan Administrator may take such additional action as it
                  shall consider appropriate to ensure compliance with the
                  requirements of this section, and section 4.9. Such action may
                  include, but is not limited to, reducing the maximum amount of
                  Before-Tax Contributions under section 4.3 that can be
                  contributed on behalf of or by any group of Highly Compensated
                  Participants.

                                       19
<PAGE>

         4.9 ADJUSTMENT TO ACTUAL DEFERRAL PERCENTAGE TEST. If the initial
allocations of the Before-Tax Contributions made pursuant to section 4.3 do not
satisfy one of the tests set forth in section 4.8(a), the Plan Administrator
shall adjust Excess Before-Tax Contributions in the manner set forth below,
whereupon the requirements of section 4.8(a) shall be deemed satisfied:

         (a)      On or before the fifteenth day of the third month following
                  the end of each Plan Year, the Plan Administrator shall
                  determine and direct the Trustee to distribute Excess
                  Before-Tax Contributions in accordance with the following
                  rules:

                  (1)      The Plan Administrator shall calculate the dollar
                           amount of Excess Before-Tax Contributions for each
                           Highly Compensated Participant. For each Highly
                           Compensated Participant, the amount of Excess
                           Before-Tax Contributions is equal to the Before-Tax
                           Contributions on behalf of such Highly Compensated
                           Participant (determined prior to the application of
                           this section) minus the amount of Before-Tax
                           Contributions which would remain if the Before-Tax
                           Contributions on behalf of all Highly Compensated
                           Participants were adjusted as follows:

                           (A)      By reducing the Before-Tax Contributions on
                                    behalf of the Highly Compensated
                                    Participant(s) having the highest actual
                                    deferral ratio until one of the tests set
                                    forth in section 4.8(a) is satisfied, or
                                    until his actual deferral ratio equals the
                                    actual deferral ratio of the Highly
                                    Compensated Participant(s) having the second
                                    highest actual deferral ratio; and

                           (B)      By repeating this process until one of the
                                    tests set forth in section 4.8(a) is
                                    satisfied.

                  (2)      The Plan Administrator shall compute the total dollar
                           amount of Excess Before-Tax Contributions for all
                           Highly Compensated Participants determined under
                           paragraph (1), and shall distribute this amount as
                           provided in paragraphs (3) and (4).

                  (3)      The Before-Tax Contributions of the Highly
                           Compensated Participant with the highest dollar
                           amount of Before-Tax Contributions shall be reduced
                           by the amount required to cause that Highly
                           Compensated Participant's Before-Tax Contributions to
                           equal the dollar amount of the Before-Tax
                           Contributions of the Highly Compensated Participant
                           with

                                       20
<PAGE>

                           the next highest dollar amount of Before-Tax
                           Contributions. This amount is then distributed to the
                           Highly Compensated Participant with the highest
                           dollar amount. However, if a lesser reduction, when
                           added to the total dollar amount already distributed
                           under this step, would equal the total Excess
                           Before-Tax Contributions, the lesser reduction amount
                           shall be the amount distributed.

                  (4)      If the total amount distributed is less than the
                           total Excess Before-Tax Contributions, the step
                           described in paragraph (3) shall be repeated until
                           the total Excess Before-Tax Contributions have been
                           distributed.

                  (5)      However, in determining the amount of Excess
                           Before-Tax Contributions to be distributed with
                           respect to an affected Highly Compensated Participant
                           as determined herein, such amount shall be reduced by
                           any Excess Elective Deferrals previously distributed
                           from this Plan to such affected Highly Compensated
                           Participant for his taxable year ending with or
                           within such Plan Year.

         (b)      With respect to the distribution of Excess Before-Tax
                  Contributions pursuant to (a) above, such distribution:

                  (1)      shall be made first from unmatched Before-Tax
                           Contributions, and, thereafter, simultaneously from
                           Before- Tax Contributions which are matched and
                           Matching Contributions which relate to such
                           Before-Tax Contributions;

                  (2)      shall be made from Employer Profit Sharing
                           Contributions only to the extent that the amount
                           required to be distributed to the Participant exceeds
                           the balance in the Participant's Account attributable
                           to Before-Tax Contributions and Employer Matching
                           Contributions made pursuant to sections 4.3(a) and
                           4.3(b);

                  (3)      shall be adjusted for Income as provided in paragraph
                           (c) below; and

                  (4)      shall be designated by the Employer as a distribution
                           of Excess Before-Tax Contributions (and Income).

         (c)      A corrective distribution of Excess Before-Tax Contributions
                  under this section shall include Income allocable to such
                  Excess Before-Tax Contributions for the Plan Year in which
                  such excess occurred, to be determined in accordance with
                  Regulations under

                                       21
<PAGE>

                  Code section 401(k). In lieu of using the safe harbor method
                  or the alternative method in the Regulations for allocating
                  such Income, the Plan Administrator may use any reasonable
                  method for computing such Income, provided that such method
                  does not violate Code section 401(a)(4), is used consistently
                  for all Participants and for all corrective distributions
                  under the Plan for the Plan Year, and is used by the Plan for
                  allocating Income to Participant's Accounts.

         4.10 ACTUAL CONTRIBUTION PERCENTAGE TEST.

         (a)      Maximum Annual Allocation: Subject to section 4.11, for each
                  Plan Year the annual allocation derived from Matching
                  Contributions to Participants' Accounts shall satisfy one of
                  the following tests:

                  (1)      The Actual Contribution Percentage for the Highly
                           Compensated Participant group for the current Plan
                           Year shall not be more than the Actual Contribution
                           Percentage of the Non-Highly Compensated Participant
                           group for the current Plan Year multiplied by 1.25,
                           or

                  (2)      The excess of the Actual Contribution Percentage for
                           the Highly Compensated Participant group for the
                           current Plan Year over the Actual Contribution
                           Percentage for the Non-Highly Compensated Participant
                           group for the current Plan Year shall not be more
                           than two percentage points. Additionally, the Actual
                           Contribution Percentage for the Highly Compensated
                           Participant group for the current Plan Year shall not
                           exceed the Actual Contribution Percentage for the
                           Non-Highly Compensated Participant group for the
                           current Plan Year multiplied by 2. The provisions of
                           Code section 401(m) and Regulations section 1.401(m)-
                           1(b) are incorporated herein by reference.

                           However, in order to prevent the multiple use of the
                           alternative method described in paragraph (2) above
                           and in Code section 401(m)(9)(A), any Highly
                           Compensated Participant eligible to make Before-Tax
                           Contributions or to receive Matching Contributions
                           shall have his actual contribution ratio reduced
                           pursuant to Regulation section 1.401(m)-2, the
                           provisions of which are incorporated herein by
                           reference.

         (b)      For the purposes of this section "Actual Contribution
                  Percentage" means, with respect to the Highly Compensated
                  Participant group and Non-Highly Compensated Participant group
                  for a Plan Year,

                                       22
<PAGE>

                  the average of the ratios, calculated separately for each
                  Participant in such group, of the amount of Matching
                  Contributions allocated to each Participant's Account for such
                  Plan Year, to such Participant's Section 414(s) Compensation
                  for such Plan Year. The actual contribution ratio for each
                  Participant and the Actual Contribution Percentage for each
                  group shall be calculated to the nearest one-hundredth of one
                  percent.

         (c)      The determination of an Employee's actual contribution ratio
                  shall take into account only the Employee's Section 414(s)
                  Compensation earned while the Employee is a Plan Participant,
                  unless the Plan Administrator determines that Excess Matching
                  Contributions would be reduced by taking into account each
                  Employee's Section 414(s) Compensation for the entire Plan
                  Year.

         (d)      For the purposes of section 4.10(a) and 4.11, a Highly
                  Compensated Participant and a Non-Highly Compensated
                  Participant shall include any Employee eligible to make a
                  deferral election under section 4.3(a) and thereby become
                  entitled to have Matching Contributions made for him pursuant
                  to section 4.3(b), whether or not such deferral election was
                  made or suspended pursuant to section 4.3(a).

         (e)      For the purposes of this section and Code sections 401(a)(4),
                  410(b) and 401(m), if two or more plans of the Company or an
                  Affiliate which have the same plan year and to which matching
                  contributions, employee contributions, or both are made are
                  considered one plan for the purposes of Code section 401
                  (a)(4) or 410(b), other than the average benefits test under
                  Code section 410(b)(2)(A)(ii), such plans shall be treated as
                  one plan. In addition, two or more plans of the Employer to
                  which matching contributions, employee contributions, or both
                  are made which have the same plan year may be considered as a
                  single plan for purposes of determining whether or not such
                  plans satisfy Code sections 401(a)(4), 410(b) and 401(m). In
                  such a case, aggregated plans must satisfy this section and
                  Code sections 401(a)(4), 410(b) and 401(m) as though such
                  aggregated plans were a single plan.

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

         (f)      For the purposes of this section, if a Highly Compensated
                  Participant is a Participant under two or more plans (other
                  than cash or deferred arrangement which is part of an employee
                  stock

                                       23
<PAGE>

                  ownership plan as defined in Code section 4975(e)(7)) which
                  are maintained by the Employer or an Affiliate and to which
                  matching contributions, employee contributions, or both are
                  made, all such contributions on behalf of such Highly
                  Compensated Participant shall be aggregated for the purpose of
                  determining the actual contribution ratio with respect to such
                  Highly Compensated Participant. However, if the plans have
                  different plan years, this paragraph shall be applied by
                  treating all such plans ending with or within the same
                  calendar year as a single plan.

         (g)      In accordance with Code section 401(m)(5)(C), the Plan
                  Administrator may, in its discretion, elect to apply this
                  section separately to each of two groups of Participants:

                  (1)      Non-highly Compensated Participants who have not
                           completed one Year of Service, or have not attained
                           age 21; and

                  (2)      All other Participants.

                  If a Participant is described in both (1) and (2) above for
                  different portions of the Plan Year, the Participant, together
                  with his or her Compensation and Matching Contributions, if
                  any, shall be taken into account under (1) above as if he or
                  she were a Participant solely for pay periods beginning prior
                  to attainment of age 21 and completion of one Year of Service,
                  whichever occurs later, and shall be taken into account under
                  (2) above as if he or she were a Participant solely for pay
                  periods beginning after attainment of age 21 and completion of
                  one Year of Service, whichever occurs later.

         (h)      The Plan Administrator may take such additional action as it
                  shall consider appropriate to ensure compliance with the
                  requirements of this section, and section 4.11. Such action
                  may include, but is not limited to, reducing the maximum
                  amount of Before-Tax Contributions under section 4.3 that can
                  be contributed on behalf of or by any group of Highly
                  Compensated Participants.

         4.11 ADJUSTMENT TO ACTUAL CONTRIBUTION PERCENTAGE TEST. If the initial
allocations of the Matching Contributions made pursuant to section 4.3 do not
satisfy one of the tests set forth in section 4.10(a), the Plan Administrator
shall adjust Excess Matching Contributions in the manner set forth below,
whereupon the requirements of section 4.10(a) shall be deemed satisfied:

         (a)      On or before the fifteenth day of the third month following
                  the end of each Plan Year, the Plan Administrator shall
                  determine and direct the Trustee to distribute and/or forfeit
                  Excess Matching Contributions in accordance with the following
                  rules:

                                       24
<PAGE>

                  (1)      The Plan Administrator shall calculate the dollar
                           amount of Excess Matching Contributions for each
                           Highly Compensated Participant. For each Highly
                           Compensated Participant, the amount of Excess
                           Matching Contributions is equal to the Matching
                           Contributions on behalf of such Highly Compensated
                           Participant (determined prior to the application of
                           this section) minus the amount of Matching
                           Contributions which would remain if the Matching
                           Contributions on behalf of all Highly Compensated
                           Participants were adjusted as follows:

                           (A)      By reducing the Matching Contributions on
                                    behalf of the Highly Compensated
                                    Participant(s) having the highest actual
                                    contribution ratio until one of the tests
                                    set forth in section 4.10(a) is satisfied,
                                    or until his actual contribution ratio
                                    equals the actual contribution ratio of the
                                    Highly Compensated Participant(s) having the
                                    second highest actual contribution ratio;
                                    and

                           (B)      By repeating this process until one of the
                                    tests set forth in section 4.10(a) is
                                    satisfied.

                  (2)      The Plan Administrator shall compute the total dollar
                           amount of Excess Matching Contributions for all
                           Highly Compensated Participants determined under
                           paragraph (1), and shall distribute and/or forfeit
                           this amount as provided in paragraphs (3) and (4).

                  (3)      The Matching Contributions of the Highly Compensated
                           Participant with the highest dollar amount of
                           Matching Contributions shall be reduced by the amount
                           required to cause that Highly Compensated
                           Participant's Matching Contributions to equal the
                           dollar amount of the Matching Contributions of the
                           Highly Compensated Participant with the next highest
                           dollar amount of Matching Contributions. This amount
                           is then distributed to the Highly Compensated
                           Participant with the highest dollar amount, to the
                           extent such Participant is vested in his Matching
                           Contributions Account, and is otherwise treated as a
                           forfeiture. However, if a lesser reduction, when
                           added to the total dollar amount already distributed
                           under this step, would equal the total Excess
                           Matching Contributions, the lesser reduction amount
                           shall be the amount distributed and/or forfeited.

                  (4)      If the total amount distributed and/or forfeited is
                           less than the total Excess Matching Contributions,
                           the step described

                                       25
<PAGE>

                           in paragraph (3) shall be repeated until the total
                           Excess Matching Contributions have been distributed
                           and/or forfeited.

         (b)      Any distribution of less than the entire amount of Excess
                  Matching Contributions and Income shall be treated as a pro
                  rata distribution of Excess Matching Contributions and Income.
                  Any distribution of Excess Matching Contributions (and Income)
                  shall be designated as such by the Employer. Forfeitures of
                  Excess Matching Contributions shall be treated in accordance
                  with section 5.4.

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

         (d)      The determination of the amount of Excess Matching
                  Contributions with respect to any Plan Year shall be made
                  after first determining the Excess Before-Tax Contributions
                  and resulting adjustments under sections 4.8 and 4.9.

         (e)      After the adjustments provided in section 4.9 and this
                  section, in order to prevent the multiple use of the
                  alternative method described in Code sections 401
                  (k)(3)(ii)(II) and 401(m)(2)(A)(ii), any Highly Compensated
                  Participant eligible to make Before-Tax Contributions or to
                  receive Matching Contributions shall have his actual
                  contribution ratio reduced pursuant to Code section 401(m)(9)
                  and Regulation section 1.401(m)-2, the provisions of which are
                  incorporated herein by reference. For this purpose, if a
                  corrective distribution has been made pursuant to section 4.9,
                  the Actual Deferral Percentage for Highly Compensated
                  Participants is deemed to be the largest amount permitted
                  under Code section 401(k)(3). Similarly, if a corrective
                  distribution and/or forfeiture has been made pursuant to this
                  section 4.11, the Actual Contribution Percentage for Highly
                  Compensated Participants is deemed to be the largest amount
                  permitted under Code section 401(m)(2).

         (f)      A corrective distribution of Excess Matching Contributions
                  under this section shall include Income allocable to such
                  Excess Matching Contributions for the Plan Year in which such
                  excess occurred, to be determined in accordance with
                  Regulations under Code section 401(m). In lieu of using the
                  safe harbor method or the alternative method in the
                  Regulations for allocating such Income, the Plan Administrator
                  may use any reasonable method for computing such Income,
                  provided that such method does not

                                       26
<PAGE>

                  violate Code section 401(a)(4), is used consistently for all
                  Participants and for all corrective distributions under the
                  Plan for the Plan Year, and is used by the Plan for allocating
                  Income to Participant's Accounts.

         4.12 LIMITATIONS ON ANNUAL ACCOUNT ADDITIONS.

         (a)      ANNUAL ACCOUNT ADDITION. "Annual Account Addition" means for
                  any Participant for any Plan Year, which shall also be the
                  limitation year, the sum of--

                  (1)      employer contributions made for him under any defined
                           contribution plan for such Plan Year;

                  (2)      such Participant's contributions to any defined
                           contribution plan for such Plan Year;

                  (3)      forfeitures allocated to him under any defined
                           contribution plan for such Plan Year; and

                  (4)      contributions allocated on his behalf to any
                           individual medical account as described under Code
                           sections 401(h)(6) and 419(A)(d).

                  "Any defined contribution plan" means all defined contribution
                  plans of the Company and Affiliates considered as one plan.
                  For purposes of this section, "Affiliate" shall have the
                  meaning prescribed in section 2.1(b), except that the phrase
                  "more than 50 percent" shall be substituted for the phrase "at
                  least 80 percent" each place it appears in Code section 1563
                  (a)(1). Repayments of a loan or a restored Forfeiture pursuant
                  to section 11.13 or a Rollover Contribution pursuant to
                  section 4.9 shall not be included as part of any Participant's
                  Annual Account Addition.

         (b)      LIMITATION. A Participant's Annual Account Addition for Any
                  Plan Year shall not exceed the lesser of--

                  (1)      The dollar limitation under Code section
                           415(c)(1)(A), adjusted annually as provided in Code
                           section 415(d) pursuant to Regulations, such adjusted
                           limitation to be effective as of January 1st of each
                           calendar year and applicable to Plan Years ending
                           with or within that calendar year; or

                  (2)      25 percent of such Participant's Section 415
                           Compensation for such Plan Year.

                                       27
<PAGE>

         (c)      REDUCTION IN ANNUAL ACCOUNT ADDITIONS. If in Any Plan Year A
                  Participant's Annual Account Addition exceeds the limitation
                  determined under subsection (b) above, such excess shall not
                  be allocated to his accounts in any defined contribution plan
                  but shall be handled in the following manner and order until
                  such excess is eliminated:

                  (1)      the portion of the Participant's Before-Tax
                           Contributions that has not been matched under section
                           4.3(b) shall be refunded to the Participant.

                  (2)      the portion of the Participant's Before-Tax
                           Contributions that has been matched under section
                           4.3(b) shall be refunded to the Participant and the
                           corresponding portion of Matching Contributions made
                           with respect to such refunded Before-Tax
                           Contributions shall be placed in a suspense account.

                  (3)      the portion of the Participant's Employer Profit
                           Sharing Contributions shall be placed in a suspense
                           account.

                           The amount held in such suspense account shall be
                           treated as a Matching Contribution in the next
                           following Plan Year and allocated to the Matching
                           Contributions Accounts of all Participants pursuant
                           to section 4.3(b). Such suspense account shall share
                           in the gains and losses of the Trust Fund on the same
                           basis as other Accounts.

                  If Before-Tax Contributions are refunded to any Participant,
                  his share of earnings and gains allocable to such Before-Tax
                  Contributions shall also be refunded to him.

                  The above reductions shall be applied to this Plan first, and
                  thereafter to any other defined contribution plan.

         4.13 ROLLOVER CONTRIBUTIONS. A Participant may, in accordance with
procedures approved by the Plan Administrator, contribute the following amounts
to the Plan, which shall be credited to his Rollover Contributions Account:

         (a)      a distribution that constitutes an "eligible rollover
                  distribution" within the meaning of Code sections 402(c)(4)
                  and 408(d)(3); or

         (b)      a distribution from an individual retirement account or
                  annuity, the entire amount of which distribution is from a
                  source described in (a) above.

                                       28
<PAGE>
         If the Participant has received the distribution, the related Rollover
Contribution must be paid over to the Trustee on or before the sixtieth day
after receipt. In the case of a direct rollover, the related Rollover
Contribution must be transferred directly from said plan.

                         ARTICLE V. VESTING IN ACCOUNTS

         5.1 AFTER-TAX, BEFORE-TAX AND ROLLOVER CONTRIBUTIONS ACCOUNTS. A Member
shall at all times be fully vested and have a nonforfeitable interest in his
After-Tax Contributions Account, his Before-Tax Contributions Account and his
Rollover Contributions Account.

         5.2 EMPLOYER PROFIT SHARING AND MATCHING CONTRIBUTIONS ACCOUNTS

         (a)      GENERAL. A Member who (1) became a Participant prior to
                  January 1, 2001, or (2) was an Employee on or before January
                  1, 2000 and became a Participant on January 1, 2001 after
                  completion of one year of Eligibility Service, or (3) was an
                  Employee prior to January 1, 2001 and became a Participant
                  after that date pursuant to section 3.1(a), shall at all times
                  have a 100 percent vested and nonforfeitable interest in his
                  Employer Profit Sharing and Matching Contributions Accounts.

                  A Member not described in the preceding sentence shall have a
                  zero percent vested and nonforfeitable interest in his
                  Employer Profit Sharing and Matching Contributions Accounts
                  until the date the Member completes three years of Vesting
                  Service, and shall become 100 percent vested in such Accounts
                  on that date. Such Member includes an individual who first
                  became an Employee during the Plan Year ending December 31,
                  2000 and pursuant to Plan provisions in effect on that date
                  made an election to become a Participant on January 1, 2001
                  and to be subject to the three-year vesting schedule provided
                  in this section 5.2(a) with respect to Employer Matching
                  Contributions and Employer Profit Sharing Contributions

         (b)      ACCELERATED VESTING. Notwithstanding subsection (a) above, a
                  Member shall be frilly vested and have a nonforfeitable
                  interest in his entire Employer Profit Sharing and Matching
                  Contributions Accounts on the earliest date on which--

                  (1)      he attains his Retirement Age while employed by the
                           Company or an Affiliate;

                                       29
<PAGE>

                  (2)      he dies or suffers a Disability while employed by the
                           Company or an Affiliate; or

                  (3)      while he is employed by the Company or an Affiliate,
                           contributions to the Plan are completely discontinued
                           or the Plan is terminated, or the Plan is partially
                           terminated and such Member is affected by such
                           partial termination.

         5.3 VESTING SERVICE. A Member shall be credited with one year of
Vesting Service for each Plan Year in which the individual completed at least
1000 Hours of Service, subject to the following rules:

                  (a)      Years of Vesting Service completed after a period of
                           One-Year Breaks in Service shall not be required to
                           be taken into account for purposes of determining the
                           non-forfeitable percentage of a Member's accrued
                           benefit derived from contributions which occurred
                           prior to such period if the number of consecutive
                           One-Year Breaks in Service within such period equals
                           or exceeds five.

                  (b)      In the case of a Participant who does not have any
                           nonforfeitable right to an accrued benefit under the
                           Plan, Years of Service with the Employer before a
                           One-Year Break in Service shall not be taken into
                           account if the number of consecutive One-Year Breaks
                           in Service equals or exceeds five, or if greater, the
                           aggregate number of Years of Service before such
                           period. If any Years of Service are not required to
                           be taken into account by reason of a period of
                           One-Year Breaks in Service to which this paragraph
                           applies, such Years of Service shall not be taken
                           into account in applying this paragraph to a
                           subsequent period of One-Year Breaks in Service.

         5.4 FORFEITURE OF NONVESTED AMOUNTS. If any portion of a Participant's
Account is non-vested upon the Participant's separation from Service, the
non-vested amount shall be retained in such Account until the earlier of the
following events:

         (a)      the terminated Participant incurs five consecutive One-Year
                  Breaks in Service, or

         (b)      prior to the close of the second Plan Year following the Plan
                  Year in which the Participant separates from Service, the
                  terminated Participant receives a distribution of his entire
                  nonforfeitable accrued benefit under the Plan.

         Upon the occurrence of the earlier of the events specified in (a) and
(b), the nonvested portion of the terminated Participant's Account shall be
immediately forfeited and

                                       30
<PAGE>

shall be transferred to a separate Forfeiture account until reallocated in
accordance with this section.

         In the event the non-vested portion of a terminated Participant's
Account is forfeited upon a distribution of such Participant's entire
nonforfeitable accrued benefit, the amount forfeited shall be restored to the
Participant's Account, unadjusted for gains or losses of the Trust subsequent to
the distribution, if the Participant is reemployed by the Employer or an
Affiliate and repays the amount of the distribution before the earlier of five
years after the date on which the Participant is first subsequently reemployed
by the Employer or Affiliate, or the close of the first period of five
consecutive One-Year Breaks in Service commencing after the distribution.

         For purposes of this section, a Participant who has no vested interest
in his Account at the time of separation from Service shall be deemed to have
received a distribution of his entire nonforfeitable accrued benefit under the
Plan at such time, and shall be deemed to have repaid the amount of such
distribution at the time of any subsequent employment of the individual by the
Employer or an Affiliate.

         Amounts forfeited hereunder during any Plan Year shall be reallocated,
as of the last day of the Plan Year, among the Accounts of reemployed
Participants to the extent this section 5.4 requires the restoration to such
Accounts of amounts previously forfeited. If amounts forfeited during the Plan
Year do not equal or exceed the amount of restorations required for the Plan
year, the Employer shall contribute, in addition to the contributions provided
in sections 4.1 and 4.3, the amount necessary to fund such required
restorations. The Employer's contribution shall be made no later than the close
of the Plan Year next following the Plan Year during which such restorations are
required. To the extent not reallocated among the Accounts of reemployed
Participants, amounts forfeited under this paragraph shall be applied to reduce
future Employer Matching and/or Employer Profit Sharing Contributions.

                    ARTICLE VI. DISTRIBUTIONS AND WITHDRAWALS

         6.1 DISTRIBUTION UPON RETIREMENT, DEATH, OR DISABILITY. Subject to
section 6.3, upon a Member's separation from Service after his Retirement Age or
because of his Disability or death, the full amount of Member's Before-Tax,
After-Tax and Rollover Contributions Accounts and the vested portion of his
Employer Profit Sharing and Matching Contributions Accounts shall be distributed
or made available to the Member, or in the case of death of the Member, to his
Beneficiary. The distribution shall be made in a lump sum or in installments as
determined by the Member, or by his Beneficiary (except that a Member may direct
prior to his death the method by which his Account shall be payable in the event
of his death).

         At the time of electing a distribution in installments, a Member or
Beneficiary must elect which of the following methods shall govern the
determination of the amount of each installment in the series:

                                       31
<PAGE>

         (a)      FIXED PERIOD METHOD. Under this method, a fixed number of
                  annual installments must be elected, and the amount of each
                  installment shall equal the quotient obtained by dividing the
                  vested Account at the beginning of the year by the number of
                  unpaid annual installments remaining (including the
                  installment being calculated). The Member or Beneficiary may
                  elect (1) to receive each annual installment on a single
                  Distribution Date each calendar year; (2) to receive the
                  annual installment for a year in four equal quarterly
                  payments, payable on the first Distribution Date in each
                  calendar quarter; or (3) to receive the annual installment in
                  twelve equal payments, on each Distribution Date during the
                  year. This method of distribution shall cease to be applicable
                  if the amount of any payment is less than $25.

         (b)      FIXED AMOUNT METHOD. Under this method, the amount of each
                  annual, quarterly or monthly installment shall be a single
                  fixed dollar amount elected by the Member or Beneficiary,
                  which, shall not exceed the "Applicable Percentage" of the
                  Member's vested Account at the time the series of
                  distributions commences. In the case of an annual, quarterly
                  or monthly distribution, the "Applicable Percentage" shall be
                  10%, 2.5% or 0.83%, respectively. The installment amount shall
                  be paid to the Member or Beneficiary (1) on a single
                  Distribution Date each calendar year; in the case of an annual
                  installments; (2) on the first Distribution Date in each
                  calendar quarter; in the case of quarterly installments; or
                  (3) on each Distribution Date during the year, in the case of
                  monthly installments. Installment payments shall continue
                  until the balance of the vested Account on the applicable
                  Distribution Date is less than or equal to the installment
                  amount elected by the Member or Beneficiary, whereupon the
                  remainder of the vested Account shall be distributed as the
                  final installment. If the aggregate amount of the installments
                  to be distributed during a calendar year under this method is
                  less than the amount, if any, required to be distributed to
                  the Member or Beneficiary during the year under section 6.5,
                  the Plan Administrator shall cause the Trustee to distribute
                  the difference to the Member or Beneficiary within the time
                  required by section 6.5.

         (c)      MINIMUM DISTRIBUTION METHOD. If distribution of the Member's
                  vested Account is commenced during a calendar year in which a
                  minimum distribution is required under section 6.5, the Member
                  or Beneficiary may elect to receive an amount each year which
                  is equal to the required minimum distribution for the year.
                  The Member or Beneficiary may elect to receive the annual
                  amount in one annual, four quarterly or twelve monthly
                  payments as provided in paragraph (a).

                                       32
<PAGE>

         A Member or Beneficiary who has elected an installment distribution may
elect to withdraw an additional amount at the time of receiving any single
installment, by so notifying the Plan Administrator at least three days and not
more than 60 days in advance of the date on which the installment would
otherwise become payable, or may elect to change the method of distribution of
future installments by making a new election in accordance with paragraph (a),
(b) or (c) hereof For purposes of applying paragraphs (a), (b) and (c) when
there is a change in the method of computing future installments, the series of
installments shall be deemed to commence with the first installment for which
the change is to be made effective. All installment distributions shall be
subject to the requirements of section 6.5, and Code section 401(a)(9) and the
Regulations thereunder.

         The portion of an Account which has not been distributed to a Member or
Beneficiary under an installment distribution shall continue to be subject to
periodic revaluation under section 9.4. If a Member entitled to receive or
receiving distribution under this section 6.1 should die prior to the time he
has received the full distribution from the Plan to which he is entitled, then
the amount to which he is entitled at the date of his death shall be distributed
to the Member's Beneficiary by any of the methods specified above.

         6.2 DISTRIBUTION UPON TERMINATION OF EMPLOYMENT FOR REASONS OTHER THAN
RETIREMENT, DEATH, OR DISABILITY. Subject to section 6.3, upon a Member's
separation from Service for any reason other than his retirement, death, or
Disability, the full amount of the Member's Before-Tax, After-Tax and Rollover
Contributions Accounts, and the vested portion of his Employer Profit Sharing
and Matching Contributions Accounts shall be distributed or made available to
him.

         When a Member receives a distribution of the entire vested portion of
his Accounts pursuant to this section 6.2, the portions of his Employer Profit
Sharing and Matching Contributions Accounts which are not vested as of his
termination of employment shall become a Forfeiture if and to the extent
provided in section 5.4.

         Distributions pursuant to this section 6.2 shall be made to the Member
in a lump sum.

         If a former Participant dies after such separation from Service but
prior to receiving the full distribution from the Trust Fund to which he is
entitled under this section 6.2 as specified above, any unpaid balance thereof
at the time of his death shall be distributed to the Member's Beneficiary in a
lump sum, to be distributed as soon as practicable after his death.

         6.3 CONSENT TO EARLY DISTRIBUTIONS.

         (a)      NO CONSENT REQUIRED. If a Member separates from Service and
                  his vested Account balance is not in excess of $5,000, the
                  Member will receive a distribution of the value of that vested
                  portion of his Account without his consent.

                                       33
<PAGE>

         (b)      CONSENT REQUIRED. Where the Member's Vested Account Balance is
                  in excess of $5,000, any payment to the Member under the Plan
                  prior to the Member's sixty-second birthday may not be made
                  without the Member's written consent. A Member's consent to an
                  early distribution shall not be valid unless the Member has
                  received notice containing a general description of the
                  material features and an explanation of the relative values of
                  the optional forms of benefit available under the Plan (if
                  any) and information regarding the Member's right, if any, to
                  defer receipt of the distribution. Such information must be
                  provided to a Member no less than 30 days and no more than 90
                  days before payment under the Plan is scheduled to begin. The
                  Member's written consent must not be made more than 90 days
                  before payment under the Plan is scheduled to begin.
                  Notwithstanding the foregoing, such distribution may commence
                  less than 30 days after the notice is given, provided that--

                  (1)      the Plan Administrator clearly informs the Member
                           that the Member 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

                  (2)      the Member, after receiving the notice, affirmatively
                           elects a distribution.

         (c)      For distributions made after December 31, 2001 with respect to
                  Participants who separated from service after such date, for
                  purposes of determining whether a Participant's nonforfeitable
                  Account Balance exceeds $5,000 under this Section 6.3, the
                  value of a Participant's nonforfeitable Account balance shall
                  be determined without regard to that portion of the Account
                  balance that is attributable to Rollover Contributions (and
                  income allocable thereto) within the meaning of Sections
                  402(c), 403(a)(4), 403(b)(8), 408(d)(3)(A)(ii), and 457(e)(16)
                  of the Code. If the value of the Participant's nonforfeitable
                  Account balance as so determined is less than or equal to
                  $5,000, the plan shall immediately distribute the
                  participant's entire nonforfeitable Account balance pursuant
                  to paragraph (a) hereof

         6.4 TIME OF DISTRIBUTION. A distribution under section 6.1 or 6.2 shall
be made or commence as of the first Distribution Date following the month in
which the Member separated from Service or, if the distribution is subject to
section 6.3(b), any Distribution Date thereafter as elected by the Member or the
Beneficiary of a deceased Member.

                                       34
<PAGE>

         Unless the Member otherwise elects, distribution of the Member's
Account balance shall commence not later than the 60th day after the close of
the Plan Year in which the latest of the following events occurs:

         (a)      The attainment by the Member of his Retirement Age;

         (b)      The 10th anniversary of the date on which the Member commenced
                  participation in the Plan:

         (c)      The termination of the Member's Service;

provided, however, that the foregoing shall not require the commencement of
benefits prior to the "Required Beginning Date" described in section 6.5 unless
the Participant has filed a claim for benefits with the Plan Administrator.

         6.5 REQUIRED DISTRIBUTIONS AND RESTRICTIONS ON DISTRIBUTIONS.

         (a)      REQUIRED BEGINNING DATE. The Required Beginning Date shall be
                  April 1st of the calendar year following the later of (1) the
                  calendar year in which the Member attains age 70-1/2 or (2)
                  the calendar year in which the Member retires, provided,
                  however, that this clause (2) shall not apply in the case of a
                  Member who is a "Five Percent Owner" (as defined in Code
                  section 416(i)(1)(B)) with respect to the Plan Year ending in
                  the calendar year in which he attains age 70-1/2, and, in the
                  case of a Member who becomes a Five Percent Owner during any
                  subsequent Plan Year, clause (2) shall no longer apply and the
                  Required Beginning Date shall be the April 1st of the calendar
                  year following the calendar year in which such subsequent Plan
                  Year ends. A Participant who is (and was) not a Five Percent
                  Owner and who attained age 70-1/2 before January 1, 1997 but
                  did not retire from employment with the Employer before
                  January 1, 1997 may affirmatively elect to stop minimum
                  distributions which were required under the terms of the Plan
                  before January 1, 1997, at any time until the Participant
                  retires or becomes a Five Percent Owner, subject to the terms
                  of an applicable Qualified Domestic Relations Order within the
                  meaning of Code Section 414(p).

         (b)      PERIODIC BENEFIT PAYMENTS. No election of an optional form
                  under the Plan will be effective unless the Member's total
                  benefit will be distributed over a period that will not
                  exceed--

                  (1)      the life of the Member;

                  (2)      the lives of the Member and the Member's designated
                           Beneficiary;

                                       35
<PAGE>

                  (3)      a period certain not extending beyond the life
                           expectancy of the Member; or

                  (4)      a period certain not extending beyond the joint life
                           and last survivor expectancy of the Member and the
                           Member's designated Beneficiary.

         (c)      REQUIRED DISTRIBUTIONS WHERE MEMBER DIES BEFORE ENTIRE
                  INTEREST IS DISTRIBUTED.

                  (1)      If required distributions have commenced and the
                           Member dies prior to receiving his entire interest
                           under the Plan, the remaining portion of such
                           interest shall be distributed to his designated
                           Beneficiary at least as rapidly as under the method
                           of distribution selected by the Member.

                  (2)      If the Member dies prior to the commencement of
                           benefits under the Plan, then except as provided in
                           subparagraph (3) any such remaining interest payable
                           shall be frilly paid within the five-year period
                           following his death.

                  (3)      If--

                           (A)      any portion of the Member's benefits are
                                    payable to a designated Beneficiary,

                           (B)      such portion will be distributed over the
                                    life of such designated Beneficiary or over
                                    a period not extending beyond the life
                                    expectancy of the Beneficiary, and

                           (C)      such distributions begin not later than one
                                    year after the date of the Member's death,
                                    or such later date as the Secretary of the
                                    Treasury may by Regulations prescribe, the
                                    portion referred to in subparagraph (3)(A)
                                    shall be treated as distributed within the
                                    time required under paragraph (2).

                  (4)      If the designated Beneficiary referred to in
                           subparagraph (3)(A) is the surviving spouse of the
                           Member, the date on which distributions are required
                           to begin under subparagraph (3)(C) shall not be
                           earlier than the date on which the Member would have
                           attained age 70 1/2.

                  (5)      In accordance with Regulations, a Beneficiary shall
                           be permitted to elect which of the rules provided in
                           subparagraphs 3(B) and 3(C) shall be applicable.

                                       36
<PAGE>
         (d)      INCIDENTAL BENEFIT REQUIREMENT. The minimum amount which must
                  be distributed each calendar year shall be determined in
                  accordance with the provisions of Q&A 6 and 7 of Regulations
                  section 1.401(a)(9)-2.

         (e)      RECALCULATION OF LIFE EXPECTANCY. For purposes of this section
                  6.5, the life expectancy of a Member and the Member's spouse
                  may, at the election of the Member (or the Member's spouse if
                  distributions are not required to commence until after the
                  Member's death), be redetermined in accordance with
                  Regulations under Code section 401(a)(9). Such election, once
                  made, shall be irrevocable. If no election is made by the time
                  distributions are required to commence, the life expectancies
                  of the Member and the Member's spouse shall not be subject to
                  recalculation.

         (f)      DISTRIBUTIONS TO BE MADE IN ACCORDANCE WITH TREASURY
                  REGULATIONS. All distributions under this Plan shall be made
                  in accordance with section 401(a)(9) of the Code and the
                  Regulations thereunder. Provisions of the Plan regarding
                  payment of distributions shall be interpreted and applied in
                  accordance with section 401(a)(9) of the Code and the
                  Regulations thereunder.

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

         6.6 WITHDRAWALS.

         (a)      GENERAL. Each request for a withdrawal shall be submitted on a
                  form prescribed by the Plan Administrator. Subject to section
                  6.3, the Plan Administrator may require that a request for a
                  withdrawal be submitted within a certain period of time prior
                  to a Distribution Date; and that each withdrawal be made as
                  soon as administratively possible after such Distribution
                  Date.

         (b)      WITHDRAWALS.

                  (1)      Each Member may request a partial or total withdrawal
                           of his After-Tax Contributions Account as of any
                           Distribution Date.

                                       37
<PAGE>

                  (2)      Each Member may request a partial or total withdrawal
                           of the vested portion of his Matching Contributions
                           Account and/or his Employer Profit Sharing
                           Contributions Account prior to the Member's
                           termination of employment as of any January 15, but
                           only if one of the following conditions is met:

                           (A)      the withdrawal is made after the Employee
                                    has been a Participant in the Plan for five
                                    years or more; or

                           (B)      the withdrawal represents a Matching
                                    Contribution amount or an Employer Profit
                                    Sharing Contribution amount that has been a
                                    part of the Trust Fund for at least two
                                    years.

                           In addition, each Member who has attained age 59 1/2
                           may request a partial or total withdrawal of the
                           vested portion of his Matching Contributions Account
                           and/or Employer Profit Sharing Contributions Account
                           as of any Distribution Date.

                  (3)      Each Member may request a partial or total withdrawal
                           of the vested portion of his Matching Contributions
                           Account and/or his Employer Profit Sharing
                           Contributions Account prior to the Member's
                           termination of employment, but only if the withdrawal
                           is made on account of a financial hardship as
                           described in section 6.8 below.

                  (4)      Each Member may request a partial or total withdrawal
                           of his Before-Tax Contributions Account, but only if
                           the withdrawal is after his attainment of age 59 1/2
                           or is because of a financial hardship. Financial
                           hardship shall be limited to the situations described
                           in section 6.8 below.

                           In addition, a Member's request for a withdrawal on
                           account of financial hardship must be accompanied or
                           supplemented by such evidence of hardship as the Plan
                           Administrator may reasonably require. Such evidence
                           will include representations from the Participant
                           that the need cannot be relieved--

                           (A)      through reimbursement or compensation by
                                    insurance or otherwise,

                                       38
<PAGE>

                           (B)      by reasonable liquidation of the
                                    Participant's assets, to the extent such
                                    liquidation would not itself cause an
                                    immediate and heavy financial need;

                           (C)      by cessation of Before-Tax Contributions
                                    under the Plan; or

                           (D)      by other distributions or nontaxable (at the
                                    time of the loan) loans from plans
                                    maintained by the Employer, or any employer,
                                    or by borrowing from commercial sources on
                                    reasonable commercial terms.

                           For purposes of these requirements, the Participant's
                           resources shall be deemed to include the assets of
                           the Participant's spouse and minor children that are
                           reasonably available to the Participant.

                           Approval or disapproval of such withdrawal request
                           shall be within the sole discretion of the Plan
                           Administrator. The Plan Administrator shall be
                           entitled to reasonably rely upon such representation
                           by the Participant and shall not make an independent
                           investigation of the Participant's financial affairs.
                           The amount of the withdrawal shall be limited to that
                           amount necessary to meet the immediate financial
                           needs created by the hardship.

                           Upon the withdrawal of any part of a Member's
                           Before-Tax Contributions Account under this paragraph
                           (4), any election of Before-Tax Contributions by that
                           Member shall be cancelled. The Member shall next be
                           permitted to have Before-Tax Contributions made on
                           his behalf as follows:

                           (i)      A Member who receives a distribution of
                                    Before-Tax Contributions before calendar
                                    year 2002 on account of "financial hardship"
                                    shall next be permitted to have Before-Tax
                                    Contributions made on his behalf on or after
                                    the January 1, April 1, July 1, or October 1
                                    coincident with or next following the first
                                    anniversary of such withdrawal, by making a
                                    new election in accordance with section
                                    4.3(a).

                           (ii)     A Member who receives a distribution of
                                    Before-Tax Contributions after December 31,
                                    2001, on account of "financial hardship"
                                    shall be prohibited from having Before Tax
                                    Contributions made on his account under this
                                    Plan, and shall be prohibited

                                       39
<PAGE>

                                    from making elective deferrals and employee
                                    contributions under all other plans of the
                                    Employer, for six months after receipt of
                                    the distribution. The Participant may resume
                                    having Before-Tax Contributions made on his
                                    behalf as of the first day of any month
                                    following the six-month period of
                                    suspension, by making a new election in
                                    accordance section 4.3(a).

                           A distribution from a Member's Before-Tax
                           Contributions Account which is made on account of
                           "financial hardship" may not include earnings
                           credited to a Member's Before-Tax Contributions
                           Account on or after January 1, 1989.

                  (5)      Each Member may request a partial or total withdrawal
                           of part or all of his Rollover Contributions Account
                           as of any Distribution Date.

         (c)      ACCOUNTING FOR AFTER-TAX CONTRIBUTIONS. The Plan Administrator
                  may establish and maintain such accounts as may be deemed
                  advisable to determine the Participant's After-Tax
                  Contributions (and any earnings on such After-Tax
                  Contributions) for taxation of any such withdrawals made
                  pursuant to this section 6.6.

         6.7 LOANS. Each Member or beneficiary of a Member (collectively
referred to in this section as "borrower") may, with the approval of the Plan
Administrator, borrow amounts from the borrower's Account, but only if the loan
is because of the circumstances set forth in subsection (a) below. The Plan
Administrator shall promulgate and may, from time to time, amend a loan
procedure document which is incorporated by reference herein. The Plan
Administrator may also adopt rules limiting the number of loans that may be made
in any Plan Year by each borrower, may prescribe a minimum amount that may be
borrowed, and may establish other rules relating to loans made under this
section. Each request for a loan shall be submitted on a form prescribed by the
Plan Administrator. Each loan shall be made as of a Valuation Date coincident
with or next following the request for the loan; the Plan Administrator may
require that a request for a loan be submitted within a certain period of time
prior to such Valuation Date; and each loan shall be made as soon as
administratively possible after such Valuation Date. The Plan Administrator, in
its sole discretion, may direct the Trustee to make a loan to a borrower,
secured by 50 percent of the vested amount in the borrower's Account. The terms
of such loan shall be determined in the sole discretion of the Plan
Administrator, subject to the following conditions:

         (a)      Loans shall only be made in the event of

                  (1)      the purchase, construction, or remodeling of a
                           primary residence,

                                       40
<PAGE>

                  (2)      the payment of tuition and other educational expenses
                           for a family member of the borrower for the next 12
                           months,

                  (3)      the payment of financial obligations incurred because
                           of sickness, accident, death, or disability in the
                           borrower's immediate family,

                  (4)      any other event that would be considered a financial
                           hardship by the Plan Administrator pursuant to
                           uniform guidelines applied in a nondiscriminatory
                           fashion.

         (b)      A borrower's Account may be used as security for such loan to
                  the extent that 50 percent of the sum of the borrower's vested
                  Account is sufficient to cover such loan as of the date of the
                  loan (when added to the outstanding balance of all other loans
                  to the borrower for such borrower's Account).

         (c)      The term of such loan shall not exceed five years (15 years in
                  the case of a loan for the acquisition of a principal
                  residence of the borrower). To the extent that such borrower's
                  Account becomes payable, such unpaid amount shall be deducted
                  from the amount otherwise payable from the borrower's Account.

         (d)      Such loan shall bear a reasonable rate of interest, which
                  shall be commensurate with the interest rates being charged at
                  the time such loan is made under similar circumstances by
                  financial institutions in the community in which the
                  Employer's principal office is then located.

         (e)      The amount of such loan (when added to the outstanding balance
                  of all other loans to the borrower from the borrower's
                  Account) shall not exceed the lesser of--

                  (1)      $50,000, reduced by the excess (if any) of--

                           (A)      the highest outstanding balance of loans
                                    from the Plan during the one-year period
                                    ending on the day before the loan was made,
                                    over

                           (B)      the outstanding balance of loans from the
                                    Plan on the date the loan is made; or

                  (2)      50 percent of the vested and nonforfeitable portion
                           of such borrower's Account at the relevant time.

                  Notwithstanding the preceding provisions of this subsection,
                  in no event shall the outstanding balance of such loan exceed
                  50 percent

                                       41
<PAGE>

                  of such borrower's vested Account, or such lower percentage as
                  the Plan Administrator in its sole discretion may impose by
                  the adoption of a rule.

         (f)      Such loan shall be evidenced by a promissory note, in such
                  form and containing such terms and conditions as the Plan
                  Administrator from time to time directs.

         (g)      Payments of principal and interest shall be made by
                  approximately equal payments, at least quarterly, on a basis
                  that would permit such loan to be levelly amortized over its
                  term. Prepayments of principal and interest may be made, in
                  whole or in part, at any time without penalty. Payments from
                  Participants (other than prepayments) shall be made by payroll
                  deduction.

         (h)      Appropriate disclosure shall be made pursuant to the Truth in
                  Lending Act to the extent applicable.

         (i)      Amounts of principal and interest received on a loan shall be
                  credited to such borrower's Account, and the outstanding loan
                  balance shall be considered an investment of the assets of
                  such Account.

         (j)      Loans shall be deemed to have been made on a pro rata basis
                  from the available funds of each of the Investment Funds in
                  which such borrower's Account is invested, except that amounts
                  invested in the Company stock Investment Fund shall not be
                  taken into account unless requested by the borrower. All loan
                  repayments shall be reinvested in accordance with the
                  borrower's current investment directive in effect under
                  section 7.3.

         (k)      Foreclosure on an Account used as security for a loan shall be
                  deferred until a permissible distribution may occur under the
                  terms of the Plan. If a default in the payment of any loan or
                  installment thereon remains uncured for thirty days after
                  written notice of such default is either hand delivered or
                  mailed to the borrower by certified mail, return receipt
                  requested, and the borrower has retired, become disabled,
                  separated from Service, has attained age 59-1/2, or is a
                  beneficiary of a deceased Member with respect to the Account
                  which secures the loan, then the Plan Administrator shall
                  direct the Trustee to reduce the borrower's Account by the
                  unpaid balance of the loan, including interest, to the extent
                  of the security interest held by the Plan, and to teat the
                  amount of such reduction as a payment on the loan. Such
                  reduction of the borrower's Account shall be considered a
                  distribution and shall be subject to the consent requirements
                  set forth in section 6.3; provided, however, that pursuant to
                  Regulations under Code

                                       42
<PAGE>

                 sections 401(a)(11) and 411 such consent requirements shall
                 be deemed satisfied as of the time the borrower agreed to use
                 his Account as security for the loan.

         6.8 FINANCIAL HARDSHIP. For purposes of sections 6.6(b)(3) and
6.6(b)(4), financial hardship means one of the following situations:

         (a)      Financial obligations incurred by a Member because of
                  sickness, accident, death, or disability in his immediate
                  family which he is not able to pay for out of liquid assets or
                  current cash flow.

         (b)      Inability to purchase out of liquid assets or current cash
                  flow, or otherwise reasonably finance, the purchase of a
                  primary residence for a Member's immediate family.

         (c)      Inability to pay out of liquid assets or current cash flow, or
                  otherwise reasonably finance, an education for a person in a
                  Member's immediate family.

         (d)      Situations permitted by final Regulations under Code section
                  40 1(k).

         (e)      Situations permitted by written hardship guidelines approved
                  by the Plan Administrator.

         6.9 ELIGIBLE ROLLOVER DISTRIBUTION.

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

         (b)      Definitions--

                  (1)      An eligible rollover distribution is any distribution
                           of all or any portion of the balance to the credit of
                           the distributee, except that an eligible rollover
                           distribution does not include:

                           (A)      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

                                       43
<PAGE>

                                    joint life expectancies) of the distributee
                                    and the distributee's designated
                                    beneficiary, or for a specified period of
                                    ten years or more;

                           (B)      Any distribution to the extent such
                                    distribution is required under Code section
                                    401(a)(9);

                           (C)      Any distribution made after December 31,
                                    1999 on account of a Member's financial
                                    hardship, to the extent such distribution
                                    consists of (i) Before-Tax Contributions, or
                                    (ii) earnings which were credited to a
                                    Member's Before-Tax Contributions Account
                                    before January 1, 1989; and

                           (D)      The portion of any distribution that is not
                                    includible in gross income (determined
                                    without regard to the exclusion for net
                                    unrealized appreciation with respect to
                                    employer securities).

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

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

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

                        ARTICLE VII. INVESTMENT ELECTIONS

         7.1 INVESTMENT OF ACCOUNTS. At the times and in the manner provided in
section 7.3, each Member may elect to have his Account, other than the portion
thereof which is

                                       44
<PAGE>

invested in Company stock, be invested in any one or more of the Investment
Funds, either by electing one of the model portfolios, if any, offered by the
Plan Administrator pursuant to section 7.2, or by self directing the specific
percentages of the Account to be invested in each Investment Fund. Self-directed
investment of the Account in one or more Investment Funds and/or model
portfolios shall be in such increments as may be permitted by the Plan
Administrator on a uniform and nondiscriminatory basis. The Member's election
shall apply to the investment of his Account, if any, existing at the time of
such election, other than the portion thereof which is invested in Company
stock, and to future After-Tax, Before-Tax, Employer Profit Sharing, Matching
and Rollover Contributions made on his behalf, until the Member changes his
election as provided in section 7.3. A Member may direct the investment of a
portion of his Account in Company stock only through an investment transfer
governed by Article VIII.

         7.2 MODEL PORTFOLIOS. The Plan Administrator may from time to time
establish one or more model portfolios each of which is offered to Members as a
specific investment option. Each model portfolio shall consist of a mix, in
specified percentages, of some or all of the Investment Funds, not including the
stock fund described in Article VIII. If a Member chooses to invest his Account
in a model portfolio, the Member shall be deemed to have instructed the Plan
Administrator to direct the investment of his Account, other than any portion
thereof invested in Company stock, and any future After-Tax, Before-Tax,
Employer Profit Sharing, Matching and Rollover Contributions made on his behalf,
in the specific Investment Funds and in the respective percentages designated
for that model portfolio, and to rebalance his Account according to the same
percentages from time to time under rules established by the Plan Administrator
for periodic rebalancing of model portfolio Accounts, until the member changes
his election pursuant to section 7.3.

         7.3 INVESTMENT ELECTIONS. Each Member may make the elections described
in section 7.1 and change such elections within a reasonable time after first
becoming a Participant, and from time to time in accordance with procedures
established by the Plan Administrator. The Plan Administrator may permit the
making and changing of such elections through the completion and filing of
election forms, or through internet and/or voice response facilities, or any
combination of the foregoing, provided that the election procedures shall permit
Members and Beneficiaries to give investment instructions no less frequently
than once within any three month period. If a Member fails to make an election,
that Member shall be deemed to have elected to invest in a default Investment
Fund or model portfolio selected by the Plan Administrator.

         7.4 TRANSFER OF ASSETS. The Plan Administrator shall direct the Trustee
to transfer moneys or other property from the appropriate Investment Fund to the
other Investment Fund as may be necessary to carry out the aggregate transfer
transactions after the Plan Administrator has caused the necessary entries to be
made in the Members' Accounts in the Investment Funds and has reconciled
offsetting transfer elections, in accordance with uniform rules established by
the Plan Administrator.

                                       45
<PAGE>

         7.5 CONSEQUENCE OF INVESTMENT ELECTIONS. In accordance with section
404(c) of ERISA and regulations thereunder, the provisions of this Article VII
are intended to protect the Plan, the Employer, the Plan Administrator and the
Trustee from liability for investment results where a Member exercises control
over the assets in his Plan Account. In complying with such section of ERISA,
the Plan Administrator shall be the fiduciary designated to provide information
to Members, receive Member's investment instructions, and provide written
confirmation of investment elections to Members.

                           ARTICLE VIII. COMPANY STOCK

         8.1 AN INVESTMENT FUND. Notwithstanding anything to the contrary in
this Plan, the Investment Fund consisting of Company stock, established as of
January 1, 1995 under section 2.1(cc), shall be governed by the provisions of
this Article.

         8.2 PURCHASE OF SHARES. The shares of Company stock available for
purposes of the Plan shall be purchased by the Trustee from the Company or from
such other person or persons and at such time or times as the Trustee may in its
sole discretion determine. Company stock may or may not be available for
purchase in a given Plan Year.

         If available, full shares of Company stock may be purchased (effective
as of such date as designated by the Plan Administrator) by the Member's
election (made during the time period designated by the Plan Administrator) to
transfer assets from other Investment Funds into Company stock; provided,
however, that--

         (a)      Rollover Contributions Account assets shall not be used to
                  purchase stock; and

         (b)      the maximum investment in Company stock shall, at the time of
                  the election, in no event exceed 50 percent of the Member's
                  Account balance less the Rollover Contributions Account.

         The purchase price shall be the price of the Company stock as
determined by an independent financial appraisal firm as of the last preceding
Valuation Date for which an appraisal has been issued.

         In the event the total request for purchase of Company stock when
offered exceeds the amount available at that time, the shares of available
Company stock will be allocated on a proportionate basis with each Member
receiving a number of shares equal to the number of shares available multiplied
by a fraction, the numerator of which is the number of shares such Member
requested, and the denominator of which is the total number of shares requested
by all Members.

         The Plan Administrator, in its discretion may set a limit for the
minimum number of shares that must be purchased to participate in the offering.
This amount shall be set by the Plan Administrator for administrative purposes.

                                       46
<PAGE>

         The Plan Administrator may limit the class of Members who shall be
eligible to request the purchase of Company stock at the time of any offering
thereof, to those who are active Participants in the Plan.

         8.3 VALUING STOCK. When valuing Company stock for any purpose under
this Plan, except as otherwise specifically provided in section 8.2, the price
of the Company stock, as determined by an independent financial appraisal firm
as of the last preceding Valuation Date for which an appraisal has been issued
before the effective date of any transfer, distribution, withdrawal, or loan,
shall be used in determining the equivalent cash value (for the purpose of an
investment transfer, distribution, withdrawal or loan) of Company stock shares.

         8.4 CREDITING OF STOCK TO ACCOUNT. As of the end of each calendar
quarter, the Account (or appropriate subaccount) of each Member shall be
credited with the value of shares of Company stock, adjusted for appreciation or
depreciation as determined by an independent financial appraisal firm.

         8.5 DIVIDENDS. As of the end of each calendar quarter, any cash stock
dividend declared during such calendar quarter shall be invested on the Member's
behalf in accordance with the Member's current investment directive in effect
under section 7.3.

         8.6 TRANSFERS FROM COMPANY STOCK INVESTMENT FUND. A Member may transfer
assets held in the Company stock Investment Fund to one or more other Investment
Funds as described in section 7.1, based upon the equivalent cash value of the
Company stock described in section 8.3.

         8.7 DISTRIBUTIONS AND STOCK. In the event of a distribution under
Article VI, such shares of Company stock used as the source of the distribution
shall be converted to cash, based on the value of said stock as described in
section 8.3.

         8.8 WITHDRAWALS OF COMPANY STOCK. In the event of a permissible
withdrawal under section 6.6, such shares of Company stock used as the source of
the withdrawal shall be converted to cash, based on the value of said stock as
described in section 8.3.

         8.9 LOANS AND STOCK. In the event of a loan under section 6.7, such
shares of Company stock used as the source of the loan shall be converted to
cash, based on the value of said stock as described in section 8.3.

         Repayments of the loan shall not be invested in Company stock, but
shall be invested as described in section 6.7(j)--that is, based upon the
borrower's current investment election under section 7.1.

         8.10 VOTING OF STOCK.

                  (a)      Prior to each meeting of stockholders of the Company,
                           each Member will be furnished any proxy material
                           relating to such meeting, together with a form to be
                           sent to the Trustee on which

                                       47
<PAGE>

                           may be set forth the Member's instructions as to the
                           manner of voting the shares of Company stock then
                           held by the Trustee under the Plan to the extent of
                           the Member's proportionate interest therein. Upon
                           receipt of such instructions, the Trustee shall vote
                           such shares in accordance therewith.

                  (b)      If, within such reasonable period of time prior to
                           such stockholders' meeting as may be specified by the
                           Trustee, no instructions have been received by the
                           Trustee from a Member, the Trustee shall vote such
                           shares, in person or by proxy, in accordance with the
                           voting instructions received from a majority of the
                           Members for which it holds shares.

         8.11 TENDER OFFERS. As soon as practicable after being informed of the
commencement of a tender offer or exchange offer ("Offer") for shares of Company
stock, the Company shall use reasonable best efforts to cause each Member, whose
Account has credited to it any shares of Company stock, to be advised in writing
of the terms of the Offer, together with forms by which the Member may instruct
the Trustee, or revoke such instruction, to tender shares credited to his
Account, to the extent permitted under the terms of any such Offer. The Trustee
shall follow the directions of each Member but the Trustee shall not tender such
shares for which no instructions are received. The number of shares of Company
stock with respect to which a Member may provide instructions shall be the total
number of shares of Company stock credited to the Member's Account, whether or
not the shares are vested, as of the last Valuation Date for which an appraisal
has been issued before the month during which the Offer commenced or such other
date which may be designated by the Company, in its sole discretion, as it deems
appropriate for reasons of administrative convenience. The giving of the
instructions to the Trustee to tender shares and the tender thereof shall not be
deemed a withdrawal or suspension from the Plan or a forfeiture of any portion
of the Member's interest in the Plan. Any securities received by the Trustee as
a result of a tender of shares of Company stock hereunder shall be held, and any
cash so received shall be invested in short-term investments, for the account of
each Member with respect to whom shares of Company stock were tendered pending
any reinvestment by the Trustee, as it may deem appropriate, consistent with the
purposes of the Plan, or in any investment option of the Plan as the Member may
direct under the terms of the Plan.

                  ARTICLE IX. ACCOUNTS AND RECORDS OF THE PLAN

         9.1 ACCOUNTS AND RECORDS. The Accounts and records of the Plan shall be
maintained by the Plan Administrator and shall accurately disclose the status of
the Accounts of each Member or his Beneficiary in the Plan.

         Each Member shall be advised from time to time, at least once during
each Plan Year, as to the status of his Account.

                                       48
<PAGE>

         9.2 TRUST FUND. Each Member shall have an undivided proportionate
interest in the Trust Fund which shall be measured by the proportion that the
value of his Account bears to the total value of all Accounts as of the date
that such interest is being determined.

         9.3 VALUATION AND ALLOCATION OF EXPENSES. As of each Valuation Date,
the Plan Administrator, with the assistance of the Trustee, shall determine the
fair market value of the Trust Fund after first deducting any expenses which
have not been paid by the Employers and the Members. Unless paid by the
Employers, all reasonable costs and expenses incurred in connection with the
general administration of the Plan and Trust shall be chargeable to the Trust
Fund. Administrative expenses incurred in connection with the processing of any
loan, distribution or withdrawal, other than a distribution pursuant to a
qualified domestic relations order, shall be charged to the Member's or
Beneficiary's Account from which the loan or distribution is made.

         9.4 ALLOCATION OF EARNINGS AND LOSSES. As of each Valuation Date, the
Plan Administrator, with the assistance of the Trustee, shall allocate the net
earnings and gains or losses of each Investment Fund of the Trust Fund since the
preceding Valuation Date to each Member's Account in the same proportion that
the value of his Account invested in such Investment Fund bears to the total
value of all Accounts invested in such Investment Fund; and, for this purpose,
the Plan Administrator shall adopt uniform rules which conform to generally
accepted accounting practices. The foregoing shall not apply to the loan fund
which shall be accounted for separately such that interest on a Member's loan is
credited solely to such Member's Account.

                              ARTICLE X. FINANCING

         10.1 FINANCING. The Company shall enter into a Trust Agreement in order
to implement and carry out the provisions of the Plan and to finance the
benefits under the Plan. All rights which may accrue to any person under the
Plan shall be subject to all the terms and provisions of such Trust Agreement,
except to the extent any term or provision of such Trust Agreement may conflict
with the terms of the Plan. The Company may modify the Trust Agreement from time
to time to accomplish the purposes of the Plan.

         10.2 CONTRIBUTIONS. The Employers shall make such contributions to the
Trust Fund as are required by the provisions of the Plan, subject to the right
of the Company to discontinue the Plan at any time and for any reason.

         10.3 NONREVERSION. No Employer shall have any right, title, or interest
in the contributions made to the Trust Fund, and no part of the Trust Fund shall
revert to any Employer, except that if a contribution is made to the Trust Fund
by an Employer by a mistake of fact, then such contribution may be returned to
such Employer within one year after the payment of the contribution; and if any
part or all of a contribution is disallowed as a deduction under Code section
404 (and the Employer hereby conditions all contributions upon deductibility
under the Code), then to the extent such contribution is disallowed as a
deduction it will be returned to such Employer within one year after the
disallowance.

                                       49
<PAGE>

         10.4 RIGHTS IN THE TRUST FUND. Persons eligible for benefits under the
Plan are entitled to look only to the Trust Fund for the payment of such
benefits and have no claim against any Employer, the Plan Administrator, or any
other person. No person has any right or interest in the Trust Fund except as
expressly provided in the Plan.

                    ARTICLE XI. COMMITTEE AND ADMINISTRATION

         11.1 COMMITTEE. The Board may appoint a Committee of three or more
members, to hold office at the pleasure of the Board, for the purpose of
administering the Plan. If so appointed, the Committee shall be the "plan
administrator" of the Plan in accordance with ERISA (the "Plan Administrator"),
and shall be a fiduciary under the Plan and Trust Agreement and a named
fiduciary in accordance with ERISA. Provided, however, that should the Board not
appoint a Committee as provided herein, or if at any time all the Committee
seats are vacant due to resignation, death or removal of all Committee members,
the Company shall constitute the Plan Administrator and named fiduciary and
shall have all of the powers and duties herein otherwise conferred upon the
Committee.

         11.2 ORGANIZATION. The Committee shall choose from its members a
chairman and a secretary. The secretary shall keep minutes of the Committee's
proceedings and shall keep all dates, records, and documents pertaining to the
Committee's administration of the Plan. The Committee may employ and suitably
compensate such attorneys and advisors and such clerical and other services as
it may deem necessary in the performance of its duties.

         11.3 MANNER OF ACTION. A majority of the members of the Committee at
the time in office shall constitute a quorum for the transaction of business.
Action of the Committee at any meeting shall be determined by the vote of a
majority of those members present at such meeting. Upon the written concurrence
of a majority of the members at the time in office, action of the Committee may
be taken without a meeting. Either the chairman or the secretary may execute any
certificate or other written direction on behalf of the Committee.

         11.4 SELF-INTEREST. A member of the Committee who is also a Member
shall not vote on any question relating specifically to himself.

         11.5 COMPENSATION AND EXPENSES.

         (a)      A member of the Committee shall serve without compensation for
                  his services as such if he is an Employee; however, he may
                  receive reimbursement of expenses properly and actually
                  incurred.

         (b)      All reasonable expenses of the Plan Administrator, the
                  Committee or a member of the Committee which are properly and
                  actually incurred shall be chargeable to the Trust Fund as
                  administrative expenses unless paid by the Employers.

                                       50
<PAGE>

         11.6 POWERS. The Plan Administrator, on behalf of the Members, shall
enforce the Plan in accordance with the terms of the Plan and Trust Agreement
and shall have all powers necessary and the sole and absolute discretion to
accomplish that purpose including, but not by way of limitation, the following:

         (a)      to determine conclusively all questions of fact, including
                  those relating to the eligibility of Employees to become
                  Participants;

         (b)      to compute and certify to the Trustee the amount and kind of
                  benefits payable to Members;

         (c)      to authorize all disbursements by the Trustee from the Trust
                  Fund;

         (d)      to discuss the investment of the Trust Fund with the Trustee;

         (e)      to interpret conclusively the terms and provisions of the
                  Plan;

         (f)      to make and publish such uniform and nondiscriminatory rules
                  for the Plan as are not inconsistent with the provisions
                  hereof; and

         (g)      to make or cause to be made all reports and filings necessary
                  to meet its responsibilities under ERISA concerning reporting
                  and disclosure requirements.

         11.7 INFORMATION. To enable the Plan Administrator to perform its
functions, the Employers shall supply full and timely information to the Plan
Administrator of all matters relating to the compensation of all Members, their
retirement, death, or other cause for termination of employment, and such other
pertinent facts as the Plan Administrator may require. The Plan Administrator
shall advise the Trustee of such of the foregoing facts as may be pertinent to
the Trustee's duties.

         11.8 APPEALS FROM DENIAL OF CLAIMS. If any claim for benefits under the
Plan is wholly or partially denied, the claimant shall be given notice in
writing of such denial within a reasonable period of time (not to exceed 90 days
after receipt of the claim or if special circumstances require an extension of
time, written notice of the extension shall be furnished to the claimant and an
additional 90 days will be considered reasonable) setting forth the following
information:

         (a)      The specific reason or reasons for the denial;

         (b)      Specific reference to pertinent Plan provisions on which
                  denial is based;

         (c)      A description of any additional material or information
                  necessary for the claimant to perfect the claim, and an
                  explanation of why such material or information is necessary;

                                       51
<PAGE>

         (d)      An explanation that a full and fair review by the Plan
                  Administrator of the decision denying the claim may be
                  requested by the claimant or his authorized representative by
                  filing with the Plan Administrator, within 60 days after such
                  notice has been received, a written request for such review;
                  and

         (e)      If such request is so filed, the claimant or his authorized
                  representative may review pertinent documents and submit
                  issues and comments in writing within the same 60-day period
                  specified in subsection (d) above.

         The decision of the Plan Administrator shall be made promptly, and not
later than 60 days after the Plan Administrator's receipt of the request for
review, unless special circumstances require an extension of time for
processing, in which case the claimant shall be so notified and a decision shall
be rendered as soon as possible, but not later than 120 days after receipt of
the request for review. The claimant shall be given a copy of the decision
promptly. The decision shall be in writing and shall include specific reasons
for the decision, written in a manner calculated to be understood by the
claimant, and specific references to the pertinent Plan provisions on which the
decision is based.

         11.9 NOTICE OF ADDRESS. Each person entitled to benefits from the Trust
Fund must file with his Employer or the Plan Administrator, in writing, his post
office address and each change of post office address. Any communication,
statement, or notice addressed to such a person at his latest reported post
office address will be binding upon him for all purposes of the Plan, and
neither the Plan Administrator nor any Employer or Trustee shall be obliged to
search for or ascertain his whereabouts.

         11.10 APPLICATION FOR BENEFITS AND DATA. All persons claiming benefits
from the Trust Fund must make application and furnish to the Plan Administrator
or its designated agent such documents, evidence, or information as the Plan
Administrator or its designated agent considers necessary or desirable for the
purpose of administering the Plan. Each such person must furnish such
information promptly and sign such documents as the Plan Administrator or its
designated agent may require before any benefits become payable from the Trust
Fund.

         11.11 INDEMNITY FOR LIABILITY. The Company shall indemnify each member
of the Committee against any and all claims, losses, damages, and expenses,
including counsel fees, incurred by the Committee and against any liability,
including any amounts paid in settlement with the Committee's approval, arising
from the member's or Committee's action or failure to act in connection with the
member's or Committee's duties and responsibilities under the Plan, except when
the same is judicially determined to be attributable to the gross negligence or
willful misconduct of such member. The Company shall also indemnify each of its
officers, directors and employees in the same manner as provided for members of
the Committee, or of the Company if acting as Plan Administrator under section
11.1, which have been delegated to or assumed by such individual.

                                       52
<PAGE>

         11.12 EFFECT OF A MISTAKE. In the event of a mistake or misstatement as
to the eligibility or participation or Compensation of any Member, or the amount
of payments made or to be made to a Member or Beneficiary, the Plan
Administrator shall, if possible, cause to be withheld or accelerated or
otherwise make adjustment of such amounts of payments as will in its sole
judgment entitle the Member or Beneficiary to the proper amount of payments
under the Plan.

         11.13 MISSING PERSONS. If the Plan Administrator shall be unable to
locate a Member or Beneficiary within two years after an Account becomes
payable, the Plan Administrator may mail a notice by registered mail to the last
known address of such person outlining the following action to be taken unless
such person makes written reply to the Plan Administrator within 60 days from
the mailing of such notice: The Plan Administrator may direct that the amount of
such Account shall be treated as a Forfeiture for the current Plan Year;
provided, however, that in the event of the subsequent reappearance of such
Member or Beneficiary prior to termination of the Plan, such Forfeiture shall be
restored to such Account. (Such restored Forfeiture shall be paid from current
Forfeitures to the extent they are sufficient, and thereafter from an additional
Employer contribution.)

         11.14 APPOINTMENT OF INVESTMENT MANAGER. The Plan Administrator may
appoint any individual or entity which qualifies as an "investment manager"
within the meaning of section 3(38) of ERISA to serve as the investment manager
of the Trust Fund. The investment manager, prior to exercising its functions as
such, shall acknowledge its fiduciary status with respect to the Plan in
writing.

         11.15 ALLOCATION OF FIDUCIARY RESPONSIBILITY. The Plan Administrator
shall be responsible for the duties and obligations imposed upon it pursuant to
the Plan and the Trust Agreement, including, but not limited to, the
administration of the Plan, the appointment of an investment manager, and
consultation with the Trustee as to the investment of the Trust Fund. The
Trustee shall be responsible for the duties and responsibilities assigned to it
pursuant to the Plan and the Trust Agreement; provided, however, that if an
investment manager is appointed, the Trustee shall be relieved of any and all
liability for the acts or omissions of the investment manager and shall not be
under any obligation to invest or otherwise manage any asset of the Trust Fund
which is subject to the management of the investment manager. The investment
manager shall be responsible for the investment of the portion of the Trust Fund
subject to its management, in accordance with the Trust Agreement. This section
is intended to allocate to each fiduciary the individual responsibility for the
prudent execution of the functions assigned to it, and none of such
responsibilities or any other responsibilities shall be shared by two or more of
the fiduciaries unless such sharing is specifically called for by a provision of
the Plan or the Trust Agreement. Whenever one fiduciary is required by the Plan
or the Trust Agreement to follow the directions of another fiduciary, the two
fiduciaries shall not be deemed to have been assigned a shared responsibility.
Rather, the giving of the directions shall be deemed to be the sole
responsibility of the fiduciary so charged, and the responsibility of the
fiduciary receiving those directions shall be to follow them insofar as such
instructions are on their face proper under applicable law.

                                       53
<PAGE>

         11.16 AGENCY. The Company and the Plan Administrator shall act as agent
for each Employer in the administration of the Plan.

                     ARTICLE XII. AMENDMENT AND TERMINATION

         12.1 AMENDMENT AND TERMINATION.

         (a)      The Company does hereby expressly and specifically reserve the
                  sole and exclusive right at any time and for any reason, and
                  from time to time, by action of its Board by resolution at a
                  corporate meeting or by corporate consent, to amend, modify,
                  or terminate the Plan. The Company's right of amendment,
                  modification, or termination as aforesaid shall not require
                  the assent, concurrence, or any other action by any other
                  Employer, notwithstanding that such action by the Company may
                  relate in whole or in part to persons in the employ of any
                  Employer (including the Company).

         (b)      While each Employer contemplates carrying out the provisions
                  of the Plan indefinitely with respect to its Employees, no
                  Employer shall be under any obligation or liability whatsoever
                  to maintain the Plan for any minimum or other period of time.

         (c)      Upon any termination of the Plan in its entirety, or with
                  respect to any Employer, the Company shall give written notice
                  thereof to the Trustee and any Employer involved, and such
                  termination shall be effective as of the later to occur of the
                  date specified in such notice or the date such notice is
                  delivered to the Trustee, subject to the provisions of the
                  law.

         (d)      Except as provided by law, upon any termination of the Plan,
                  no Employer with respect to whom the Plan is terminated
                  (including the Company) shall thereafter be under any
                  obligation, liability, or responsibility whatsoever to make
                  any contribution or payment to the Trust Fund, the Plan, any
                  Member, any Beneficiary, or any other person, trust or fund
                  whatsoever, for any purpose whatsoever under or in connection
                  with the Plan, regardless of whether or not such Employer has
                  theretofore made the payments provided for under section 10.2
                  or under any other provision of the Plan.

         12.2 LIMITATIONS ON AMENDMENTS. The provisions of this section are
subject to and limited by the following restrictions:

         (a)      No amendment shall operate either directly or indirectly to
                  give any Employer any interest whatsoever in any funds or
                  property held by the Trustee under the terms hereof or to
                  permit corpus or income of the Trust to be used for or
                  diverted to purposes other than the exclusive benefit of
                  Members or their Beneficiaries.

                                       54
<PAGE>

         (b)     Except as otherwise permitted by law or regulations, no such
                 amendment shall have the effect of eliminating or reducing an
                 early retirement benefit or a retirement type subsidy or
                 eliminating an optional form of benefit with respect to
                 benefits attributable to service before the amendment.

         12.3 EFFECT OF BANKRUPTCY AND OTHER CONTINGENCIES AFFECTING THE
EMPLOYER. In the event an Employer terminates its connection with the Plan, or
in the event an Employer is dissolved, liquidated, or shall by appropriate legal
proceedings be adjudged a bankrupt, or in the event judicial proceedings of any
kind result in the involuntary dissolution of an Employer, the Plan shall be
terminated with respect to such Employer. The merger, consolidation, or
reorganization of an Employer, or the sale by it of all or substantially all of
its assets, shall not terminate the Plan if there is delivery to such Employer
by the successor to such Employer or by the purchaser of all or substantially
all of its assets, a written instrument requesting that it be substituted for
the Employer and agreeing to perform all the provisions hereof which such
Employer is required to perform. Upon the receipt of said instrument, with the
approval of the Company, the successor or the purchaser shall be substituted for
such Employer herein, and such Employer shall be relieved and released from any
obligations of any kind, character, or description herein or in any trust
agreement imposed upon it.

         12.4 LIMITATION ON EMPLOYER LIABILITY. The adoption of the Plan is
strictly a voluntary undertaking on the part of the Employers and shall not be
deemed to constitute a contract between the Employers and any Employee or
Member, or to be consideration for, an inducement to or a condition of the
employment of any Employee. A Member, Employee, or Beneficiary shall not have
any right to retirement or other benefits except to the extent provided herein.

         12.5 AMENDMENT OF VESTING SCHEDULE. If the Plan is amended to provide a
different vesting schedule, each person adversely affected--

         (a)      who is a Participant during the election period below; and

         (b)      who has completed at least three years of Service may elect to
                  have such amendment disregarded in determining the vested
                  percentage of his Employer Profit Sharing and Matching
                  Contributions Accounts. That election must be in writing and
                  delivered to the Plan Administrator

within the election period. Upon delivery, his election will be irrevocable. The
election period begins on the date such amendment is adopted and ends 60 days
after the latest of the date--

         (1)      the amendment is adopted;

         (2)      the amendment becomes effective; or

                                       55
<PAGE>

         (3)      the Plan Administrator delivers a written notice of the
                  amendment to the Participant.

No amendment to the Plan's vesting schedule may decrease the vesting which any
Member has earned as of the date of the amendment.

                           ARTICLE XIII. MISCELLANEOUS

         13.1 BENEFICIARY DESIGNATION

         (a)      Each unmarried Member may designate, on a form provided for
                  that purpose by the Plan Administrator, a Beneficiary or
                  Beneficiaries to receive his interest in the Plan in the event
                  of his death, but such designation shall not be effective for
                  any purpose until it has been filed by him during his lifetime
                  with the Plan Administrator. He may, from time to time during
                  his lifetime, on a form approved by and filed with the Plan
                  Administrator, change his Beneficiary or Beneficiaries. In the
                  event that he fails to designate a Beneficiary, or if for any
                  reason such designation shall be legally ineffective, or if
                  all designated Beneficiaries predecease him or die
                  simultaneously with him, distribution shall be made to his
                  spouse; or if none, to his children; or if none, to his
                  parents; or if none, to his estate. If any such Beneficiary
                  shall die prior to receiving the distribution that would have
                  been made to such Beneficiary had such Beneficiary's death not
                  occurred, then, for the purposes of the Plan, the distribution
                  that would have been received by such Beneficiary shall be
                  made to such Beneficiary's estate.

         (b)      The Beneficiary of each Member who is married shall be the
                  surviving spouse of such Member, unless such spouse consents
                  in writing to the designation of another Beneficiary or
                  Beneficiaries. Each married Member may, from time to time,
                  change his designation of Beneficiary; provided, however, that
                  the Member may not change his Beneficiary without the written
                  consent of his spouse, unless such spouse's prior consent
                  expressly permits designations by the Member without any
                  requirement of further consent by the spouse.

         (c)      The written consent described in subsection (b) of this
                  section shall acknowledge the effect of such election and
                  shall be witnessed by a Plan representative designated by the
                  Plan Administrator or a notary public.

         (d)      Notwithstanding the foregoing, the spouse's consent to the
                  designation or change of designation of a Beneficiary by a
                  Member

                                       56
<PAGE>

                  shall not be required if it is established to the satisfaction
                  of the Plan Administrator that the consent may not be obtained
                  because there is no spouse, because the spouse cannot be
                  located, or because of such other circumstances as the
                  Secretary of the Treasury may by Regulations prescribe.

         (e)      If a Member's interest is required to be distributed to more
                  than one Beneficiary, then unless otherwise provided in the
                  Member's designation of Beneficiaries, the Member's interest
                  shall be divided among the Beneficiaries in equal shares (or
                  such other proportionate shares as may be specified in the
                  designation of Beneficiaries) and a separate Account shall be
                  established for each such Beneficiary with respect to the
                  Beneficiary's share until such share has been entirely
                  distributed to the Beneficiary. To the extent permitted under
                  applicable Regulations and the Plan, each Beneficiary shall be
                  entitled to elect any form of distribution or other option
                  provided by the Plan with respect to the Beneficiary's
                  separate Account, without the consent of any other
                  Beneficiary.

         13.2 INCOMPETENCY. Whenever and as often as any person entitled to
receive a distribution under the Plan shall be under a legal disability or, in
the sole judgment of the Plan Administrator, shall otherwise be unable to care
for such distributions to his own best interest and advantage, the Plan
Administrator, in the exercise of its discretion, may direct such distributions
to be made in any one or more of the following ways:

         (a)      directly to such person;

         (b)      to his spouse;

         (c)      to his legal guardian or conservator; or

         (d)      any other person to be held and used for his benefit.

The decision of the Plan Administrator shall, in each case, be final and binding
upon all parties, and any distribution made pursuant to the power herein
conferred on the Plan Administrator shall, to the extent so made, be a complete
discharge of the obligations under the Plan of the Employers, the Trustee, and
the Plan Administrator in respect of such person.

         13.3 NONALIENATION. Except as provided in Code section 401(a)(13), no
benefit payable at any time under the Plan shall be subject in any manner to
alienation, sale, transfer, assignment, pledge, attachment, garnishment, or
encumbrance of any kind. Any attempt to alienate, sell, transfer, assign,
pledge, or otherwise encumber any such benefit, whether presently or thereafter
payable, shall be void. No benefit nor the Trust Fund shall in any manner be
liable for or subject to the debts or liabilities of any Member or of any other
person entitled to any benefit. The Plan Administrator shall establish
procedures to

                                       57
<PAGE>

determine whether domestic relations orders are "qualified domestic relations
orders" and to administer distributions under such qualified domestic relations
orders.

         After September 22, 1993, if a Domestic Relations Order is presented to
the Plan and is determined to be a "Qualified Domestic Relations Order," and if
such Order provides for distribution to an Alternate Payee of such Alternate
Payee's entire interest under the Order in a single lump sum as of any Valuation
Date, the Plan shall make such distribution on or as soon as administratively
feasible after such specified Valuation Date. Except as otherwise provided in
the preceding sentence, distribution of benefits to an Alternate Payee pursuant
to a Qualified Domestic Relations Order shall be made only at such time and in
such manner as may be permitted by the Plan and by applicable provisions of
ERISA and the Code. For purposes of this section, the terms "Domestic Relations
Order," "Qualified Domestic Relations Order," and "Alternate Payee" shall have
the meanings given to such terms by Code section 414(p).

         13.4 EMPLOYMENT RIGHTS. An Employer's right to discipline or discharge
its Employees shall not be affected by reason of any of the provisions of the
Plan.

         13.5 APPLICABLE LAW. The Plan and all rights hereunder shall be
governed by and construed in accordance with the laws of Montana and of the
United States of America.

         13.6 PARTICIPATION IN THE PLAN BY AN AFFILIATE. Any Affiliate which
desires to become an Employer may, with the approval of the Board and subject to
such terms and conditions as the Board may prescribe, adopt the Plan and Trust
Agreement. In addition, any company which is not an Affiliate may become an
adopting employer with respect to its own employees, with the approval of the
Board and subject to such terms and conditions as the Board may prescribe.

         13.7 MERGER, CONSOLIDATION, OR TRANSFER. In the case of any merger or
consolidation of the Plan with, or in the case of any transfer of assets or
liabilities of the Plan to or from, any other plan, each Member shall receive a
benefit immediately after the merger, consolidation, or transfer (if the Plan
had then terminated) which is equal to or greater than the benefit he would have
been entitled to receive immediately before the merger, consolidation, or
transfer (if the Plan had then terminated), and any protected benefit under Code
section 411(d)(6) shall be preserved.

         13.8 VETERANS' REEMPLOYMENT RIGHTS. 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 Code
section 414(u).

                        ARTICLE XIV. TOP-HEAVY PROVISIONS

         14.1 APPLICATION OF TOP-HEAVY PROVISIONS

         (a)      SINGLE PLAN DETERMINATION. Except as provided in subsection
                  (b)(2) below, for Plan Years beginning January 1, 1984,

                                       58
<PAGE>
                  if as of a Determination Date, the sum of the amount of the
                  section 416 Accounts of Key Employees and the Beneficiaries of
                  deceased Key Employees exceeds 60 percent of the amount of the
                  section 416 Accounts of all Members and Beneficiaries other
                  than former Key Employees, the Plan is top-heavy and the
                  provisions of this Article will become applicable.

         (b)      AGGREGATION GROUP DETERMINATION.

                  (1)      If as of a Determination Date this Plan is part of an
                           Aggregation Group which is top-heavy, the provisions
                           of this Article will become applicable. Top-heaviness
                           for the purpose of this subsection will be determined
                           with respect to the Aggregation Group in the same
                           manner as described in subsection (a) above except
                           that if the Aggregation Group includes a defined
                           benefit plan, the section 416 Account will include
                           the present value of the accrued benefit of a
                           participant or a beneficiary under that plan.

                  (2)      If this Plan is top-heavy under subsection (a) above,
                           but the Aggregation Group is not top-heavy, this
                           Article will not be applicable.

         (c)      RESPONSIBILITY. The Plan Administrator shall have
                  responsibility to make all calculations to determine whether
                  this Plan is top-heavy.

         14.2 DEFINITIONS.

         (a)      "AGGREGATION GROUP" means this Plan and all other plans
                  maintained by the Company and Affiliates which cover a Key
                  Employee and any other plan that enables a plan covering a Key
                  Employee to meet the requirements of Code sections 401(a)(4)
                  or 410. In addition, at the election of the Plan
                  Administrator, the Aggregation Group may be expanded to
                  include any other qualified plan maintained by the Company or
                  an Affiliate if the expanded Aggregation Group meets the
                  requirements of Code sections 401(a)(4) and 410.

         (b)      "DETERMINATION DATE" means the last day of the Plan Year
                  immediately preceding the Plan Year for which top-heaviness is
                  to be determined, or in the case of the first Plan Year of a
                  new plan, the last day of such Plan Year.

         (c)      "KEY EMPLOYEE" means a Member who, is a "key employee," as
                  defined in Code section 416(i). Any Member who is not a Key
                  Employee shall be a "non-Key Employee" for purposes of this
                  Article XIV.

                                       59
<PAGE>

         (d)      "SECTION 416 ACCOUNT" means--

                  (1)      the amount credited to a Member's or Beneficiary's
                           Account under the Plan or to an account under any
                           other qualified defined contribution plan which is
                           part of an Aggregation Group as of a Determination
                           Date;

                  (2)      the present value of the accrued benefit credited to
                           a Member or Beneficiary under a qualified defined
                           benefit plan which is part of the Aggregation Group;
                           and

                  (3)      the amount of distributions to the Member or
                           Beneficiary during the five-year period ending on a
                           Determination Date other than a distribution which is
                           a tax-free rollover contribution (or similar
                           transfer) that is not initiated by the Member or that
                           is contributed to a plan which is maintained by the
                           Company or an Affiliate; reduced by

                  (4)      the amount of rollover contributions (or similar
                           transfer) and earnings thereon credited as of a
                           Determination Date under the Plan or a plan forming
                           part of an Aggregation Group which is attributable to
                           rollover contributions (or similar transfer)
                           initiated by the Member and derived from plans not
                           maintained by the Company or an Affiliate.

                  The Account of a Member who was a Key Employee and who
                  subsequently meets none of the conditions of section 14.2(c)
                  for the Plan Year containing the Determination Date and the
                  preceding four Plan Years is not a Section 416 Account and
                  will be excluded from all computations under this Article.
                  Furthermore, if a Member has not performed any services for
                  the Company or an Affiliate during the five-year period ending
                  on the Determination Date, any account of such Member (and any
                  accrued benefit of such Member) shall not be taken into
                  account in computing top-heaviness under this Article.

         14.3 MINIMUM CONTRIBUTION.

         (a)      GENERAL. If this Plan is determined to be top-heavy under the
                  provisions of section 14.1 with respect to a Plan Year, the
                  sum of Employer Profit Sharing and Matching Contributions and
                  Forfeitures allocated under the Plan to the account of each
                  Active Participant (as defined in section 14.5) who is not a
                  Key Employee and who is otherwise eligible for such an
                  allocation under the provisions of sections 4.2 and 4.3(b) of
                  the Plan, together with employer contributions (other than pay
                  reduction contributions)

                                       60
<PAGE>

                     and forfeitures allocated to the accounts of the
                     Participant under all other qualified defined contribution
                     plans in the Aggregation Group, will not be less than 3
                     percent of the Active Participant's compensation (as
                     defined in Regulation section 1.415-2(d)). This section
                     will not apply to a Participant who is also covered under a
                     top-heavy defined benefit plan maintained by the Company or
                     an Affiliate which provides the benefit specified by Code
                     section 416(c)(1).

         (b)      EXCEPTION. The contribution rate specified in subsection (a)
                  above will not exceed the percentage at which employer
                  contributions (including pay reduction contributions) and
                  forfeitures are allocated under the defined contribution plans
                  of the Aggregation Group to the account of the Key Employee
                  for whom such percentage is the highest for the Plan Year. For
                  the purpose of this subsection, the percentage for each Key
                  Employee will be determined by dividing the employer
                  contributions and forfeitures for the Key Employee by the
                  amount of his compensation (as defined in Treasury Regulation
                  section 1.415-2(d)) for the year.

         14.4 ACTIVE PARTICIPANT For the purpose of this Article XIV, an "Active
Participant" shall mean any Participant regardless of whether such Active
Participant is employed on the last day of the top-heavy Plan Year, and
regardless of whether such Active Participant made Before-Tax contributions
during the top-heavy Plan Year.

                                   **********

         IN WITNESS WHEREOF, the authorized officers of the Company have signed
this document on February 25, 2002, but effective as of January 1, 2001, or such
other dates as set forth herein or required by law.

                                    FIRST INTERSTATE BANCSYSTEM, INC.

                                    By /s/ ROBERT A. JONES
                                       -----------------------------------------

                                       Its Senior Vice President
                                           -------------------------------------

                                       61

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