Document:

AMENDMENT NO. 1 TO
                          EXECUTIVE EMPLOYMENT AGREEMENT
                                  BY AND BETWEEN
                  GERHARD E. KURZ AND SEABULK INTERNATIONAL, INC.

         This Amendment to Executive Employment Agreement by and between Hvide
Marine Incorporated, a Delaware corporation, now known as Seabulk International,
Inc. (the "Company"), and Gerhard E. Kurz (the "Executive") dated as of April
18, 2000 (the "Agreement") is entered into as of the 16th day of July, 2001.

         WHEREAS, the Compensation Committee of the Company authorized this
amendment at its meeting on July 16, 2001;

         NOW THEREFORE, in consideration of the mutual covenants and the mutual
benefits provided in the Agreement, the receipt and sufficiency of which are
hereby acknowledged, the Company and the Executive hereby amend the Agreement as
set forth hereinbelow.

1. Section 9.3 of the Agreement is hereby amended and restated by deleting the
text appearing therein in its entirety and inserting the following text in lieu
thereof:

         "If Executive's employment is terminated in the circumstances described
         in Section 9.2 of this Agreement and if such termination occurs
         following a "Change in Control" as defined in Section 10 of this
         Agreement, Executive will receive, instead of the amounts specified in
         Section 9.2 of this Agreement, an amount equal to 2.00 times
         Executive's base salary then in effect plus 2.00 times Executive's
         maximum bonus, to be paid in twenty-four (24) equal monthly
         installments or, at the election of the Company, in a lump sum. In the
         event of Executive's death, any remaining payments shall be paid to
         Executive's estate or personal administrator in a single lump sum
         amount."

2.       As so amended, the Agreement remains in full force and effect.

         IN WITNESS WHEREOF, each of the parties hereto has caused this
Amendment No. 1 to the Agreement to be duly executed and delivered as of the day
and year first written above.

                                SEABULK INTERNATIONAL, INC.

                                By:      /s/ ALAN R. TWAITS
                                         -------------------------------------
                                         Alan R. Twaits
                                         Senior Vice President, General
                                         Counsel and Secretary

                                         /s/ GERHARD E. KURZ
                                         ------------------------------
                                         Gerhard E. KurzSIXTH AMENDMENT

                  SIXTH AMENDMENT (this "Amendment"), dated as of March __, 2002
among SEABULK INTERNATIONAL, INC. (f/k/a Hvide Marine Incorporated), a
corporation existing under the laws of Delaware, as borrower (the "Borrower"),
the financial institutions party to the Credit Agreement referred to below (the
"Lenders") and Bankers Trust Company ("BTCo"), as administrative agent (in such
capacity, the "Administrative Agent"). All capitalized terms used herein and not
otherwise defined herein shall have the respective meanings provided such terms
in the Credit Agreement referred to below.

                                               W I T N E S S E T H:
                                               - - - - - - - - - -

         WHEREAS, the Borrower, the Lenders and the Administrative Agent are
parties to a Credit Agreement, dated as of December 15, 1999 among the Borrower,
the Administrative Agent, the Lenders, Deutsche Bank Securities, Inc., as Lead
Arranger and Book Manager, Fortis Capital Corp. (f/k/a MeesPierson Capital
Corp.), as Syndication Agent and Co-Arranger, GMAC Commercial Credit and Merrill
Lynch & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated as
Co-Documentation Agents (as amended, modified or supplemented as of the date
hereof, the "Credit Agreement");

         WHEREAS, the Borrower has requested an amendment to the Credit
Agreement and, subject to the terms and conditions of this Amendment, the
Lenders are willing to grant such amendment.

         NOW, THEREFORE, it is agreed:

         1. Section 8.10 of the Credit Agreement is hereby restated in its
entirety as follows: "8.10 Minimum Fixed Charge Coverage Ratio. The Borrower
will not permit the Fixed Charge Coverage Ratio for any Test Period ended on the
last day of a fiscal quarter set forth below to be less than the ratio set forth
opposite such fiscal quarter below:

       Fiscal Quarter Ended                                             Ratio
       --------------------                                             -----
         March 31, 2002                                             .85:1.00
         June 30, 2002                                              .85:1.00
         September 30, 2002                                         .85:1.00
         December 31, 2002                                          .85:1.00
         March 31, 2003
         and each fiscal quarter
         of the Borrower thereafter                               1.00:1.00".

         2. Section 8.11 of the Credit Agreement is hereby restated in its
entirety as follows: "8.11 Minimum Working Capital Ratio. The Borrower will not
permit its Working Capital Ratio on the last day of any fiscal quarter (starting
with the fiscal quarter ended on March 31, 2002) to be less than 1.25:1.00."

         3. The Borrower hereby represents and warrants that after giving effect
to this Amendment (x) no Default or Event of Default exists on the Sixth
Amendment Effective Date (as defined below) and (y) all of the representations
and warranties contained in the Credit Agreement or the other Credit Documents
shall be true and correct in all material respects on the Sixth Amendment
Effective Date with the same effect as though such representations and
warranties had been made on and as of such date (it being understood that any
representation or warranty made as of a specific date shall be true and correct
in all material respects as of such specific date).

         4. This Amendment is limited as specified and shall not constitute a
modification, acceptance or waiver of any other provision of the Credit
Agreement or any other Credit Document.

         5. This Amendment may be executed in any number of counterparts and by
the different parties hereto on separate counterparts, each of which
counterparts when executed and delivered shall be an original, but all of which
shall together constitute one and the same instrument. A complete set of
counterparts shall be lodged with the Borrower and the Administrative Agent.

         6. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES
HEREUNDER SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAW OF THE
STATE OF NEW YORK.

         7. This Amendment shall become effective on the date (the "Sixth
Amendment Effective Date") when each of the Borrower and the Required Lenders
shall have signed a copy hereof (whether the same or different copies) and, in
each case, shall have delivered (including by way of telecopier) the same to the
Administrative Agent at the Notice Office.

         8. From and after the Sixth Amendment Effective Date, all references in
the Credit Agreement and each of the Credit Documents to the Credit Agreement
shall be deemed to be references to the Credit Agreement as modified hereby.
This Amendment shall constitute a Credit Document for all purposes under the
Credit Agreement and the other Credit Documents.

                                                       * * *

<PAGE>

                  IN WITNESS WHEREOF, each of the parties hereto has caused a
counterpart of this Amendment to be duly executed and delivered as of the date
first above written.

                                 SEABULK INTERNATIONAL, INC.

                                 By________________________________
                  Name:
                 Title:

                                 BANKERS TRUST COMPANY,
                                    Individually and as Administrative Agent

                                 By________________________________
                  Name:
                 Title:

                                 FORTIS CAPITAL CORP.,

                                 By________________________________
                  Name:
                 Title:

                                 MERRILL LYNCH CAPITAL CORPORATION

                                 By________________________________
                  Name:
                 Title:

                                 GMAC COMMERICAL CREDIT

                                 By________________________________
                  Name:
                 Title:

                        NATIONAL WESTMINSTER BANK PLC

                        By: NatWest Capital Markets Limited, its Agent

                             By: Greenwich Capital Markets, Inc., its Agent

                             By________________________________
                             Name:
                             Title:

             PROVIDENT BANK

                                 By________________________________
                  Name:
                 Title:

                OFFITBANK

                                 By________________________________
                  Name:
                 Title:ITEM 13. EXHIBITS AND REPORTS ON FORM 8-K

                     10.30 METROBANCORP TARGET BENEFIT PLAN

                                    ARTICLE I
                                  INTRODUCTION
                                  ------------

         Section 1.1. Purpose. The purpose of the MetroBanCorp Target Benefit
Plan (the "Plan") is to provide a select group of management or highly
compensated employees of MetroBanCorp (the "Company") supplemental retirement
benefits. It is the intention of the Company that the Plan constitute an
unfunded arrangement maintained for the purpose of providing deferred
compensation for a select group of management or highly compensated employees
for federal income tax purposes and for purposes of Title I of the Employee
Retirement Income Security Act of 1974, as amended. Consequently, it will be
administered and its provisions interpreted consistently with that intention.

         Section 1.2. Effective Date; Plan Year . The "Effective Date" of the
Plan is January 1, 2001. The "Plan Year" is the 12-month period beginning on
each January 1 and ending on the next following December 31.

         Section 1.3. Administration . The Plan will be administered by the
Company or by a committee appointed by the Company (the "Administrator"). The
Administrator, from time to time, may adopt any rules and procedures it deems
necessary or desirable for the proper and efficient administration of the Plan
that are consistent with the terms of the Plan. Any notice or document required
to be given or filed with the Administrator will be properly given or filed if
delivered to or mailed, by registered mail, postage paid, to MetroBanCorp, 10333
North Meridian Street, Indianapolis, Indiana 46290.

         Section l.4. Supplements . The provisions of the Plan may be modified
by supplements to the Plan. The terms and provisions of each supplement are a
part of the Plan and supersede any other provisions of the Plan to the extent
necessary to eliminate any inconsistencies between the supplement and any other
Plan provisions.

                                   ARTICLE II
                          ELIGIBILITY AND PARTICIPATION
                          -----------------------------

         Participation in the Plan will be limited to members of a select group
of management or highly compensated employees of the Company or any of its
affiliates who are designated by the Administrator as being eligible to become a
"Participant" in the Plan. A designated employee will become a Participant as of
the later of the Effective Date or the date specified by the Administrator. A
Participant may be removed as an active Participant by the Administrator
effective as of any date, so that he will not be entitled to receive benefit
accruals under Article III on or after that date.

                                       1
<PAGE>

                                   ARTICLE III
                                    BENEFITS
                                    --------

         Section 3.1. Retirement Benefit . The retirement benefit to be provided
under this Plan is a monthly retirement income, commencing on the first day of
the month following the Participant's 65th birthday (his "Normal Retirement
Date") and ending at his death. The monthly retirement income amount will equal
65 percent of the Participant's Average Monthly Compensation (as defined below)
multiplied by a fraction, the numerator of which is the Participant's years of
continuous employment with the Company or one of its affiliates (determined at
age 65, but including years prior to the Effective Date) the denominator of
which is 20, less the Monthly Offset Amount (as determined under Section 3.2).
Further reductions and actuarial adjustments, if any, will be made from this
reduced amount.

         A Participant's "Average Monthly Compensation" means the Participant's
average monthly Compensation over the five consecutive Plan Years which produce
the highest monthly average. If a Participant has less than five Plan Years of
employment, his Average Monthly Compensation will be based upon all his
Compensation. A Participant's "Compensation" means the Participant's total
earnings from the Company paid during the Plan Year as required to be reported
for income tax purposes on the Participant's federal wage and tax statement
(Form W-2), plus any amount not reported as taxable income on Form W-2 as a
result of an election made by the Participant under a Code Section 401(k), 125
or 132(f) plan maintained by the Company. The term "Compensation" will also
include any amount not reported on the Form W-2 as a result of a deferral
election made by the Participant under the MetroBanCorp Supplemental Executive
Retirement Plan (referred to in this Plan as the "SERP"), but will not include
any payments from the SERP to the Participant.

         Section 3.2. Monthly Offset Amount . A Participant's "Monthly Offset
Amount" means the monthly payment amount that is actuarially equivalent to the
sum of (i) the benefits provided to the Participant under the SERP, but only to
the extent attributable to the Company's matching contributions under that plan,
(ii) the benefits provided to the Participant under any tax-qualified profit
sharing plan sponsored by the Company, but only to the extent attributable to
the Company's contributions under that plan, and (iii) the Social Security
benefits provided to the Participant. The benefits provided to the Participant
as described in this Section will be determined as of the first day of the month
following the date the Participant's employment with the Company and all its
affiliates has terminated and projected forward to age 65, if the termination
occurs prior to age 65. Notwithstanding the foregoing, for purposes of
determining the benefit under (i) and (ii) above, if the Participant did not
defer exactly six percent of his compensation under the SERP and six percent of
his compensation under a company sponsored tax-qualified profit sharing plan (as
the term "compensation" is defined under those plans from time to time), the
benefit under (i) and (ii) will be adjusted for purposes of this Plan to equal
the benefit that would have been provided if the Participant had deferred six
percent of his compensation under both the SERP and a tax-qualified
profit-sharing plan.

                                       2
<PAGE>

         Section 3.3. Normal Retirement . A Participant who retires from the
Company and all its affiliates at age 65 will be entitled to the retirement
benefit determined under Section 3.1 commencing on his Normal Retirement Date.

         Section 3.4. Deferred Retirement . A Participant whose employment with
the Company and all its affiliates terminates after his Normal Retirement Date
will be entitled to the benefit determined in Section 3.1, but commencing on the
first day of the month following his termination date. No actuarial adjustment
will be made as a result of payments commencing after the Participant's Normal
Retirement Date.

         Section 3.5. Early Retirement . A Participant whose employment with the
Company and all its affiliates terminates before his Normal Retirement Date will
be entitled to the benefit determined in Section 3.1 commencing on his Normal
Retirement Date. Instead of beginning his benefit payments on his Normal
Retirement Date, a Participant may elect (in accordance with the election
procedures of Section 4.2) to have his benefit payments begin on the first day
of any calendar month following the later of his termination or his 55th
birthday. However, the Participant's benefit will be reduced by one-half of one
percent for each full month the commencement of benefit payments precedes the
Participant's Normal Retirement Date.

         Section 3.6. Death . A Participant whose employment with the Company
and all of its affiliates terminates after he has become vested in his benefit
under Section 4.3 and as a result of his death but before any benefit has been
paid to him under this Plan will have benefits paid on his account, but only in
accordance with the following:

          (a)  A monthly retirement income will be paid to his Designated
               Beneficiary (as defined below) commencing on the first day of the
               month following his death. The monthly retirement income will be
               actuarially equivalent to the benefit that would have been
               provided to the Participant on his Normal Retirement Date (using
               his Compensation and years of employment as of the date of his
               death).

          (b)  A Participant's "Designated Beneficiary" means any one or more
               individuals designated by the Participant to receive any benefit
               that may become payable under this Section or payable as a
               "survivor" benefit under Section 4.2. In the absence of a valid
               designation or in the event no designated individual survives the
               Participant, the Participant's spouse, if living at the time of
               the Participant's death, will be the Designated Beneficiary. If
               no spouse is then living, the Participant's children then living
               will be the Designated Beneficiaries. If no children are then
               living, the Participant's grandchildren then living will be the
               Designated Beneficiaries. If no grandchildren are then living, no
               benefit will be payable under this Section.

          (c)  The designation of a beneficiary must be made, changed or revoked
               in writing in the form and manner prescribed by the Company, and
               will not be effective until delivered by the Participant to the
               Company. In the event that an individual does not survive the
               Participant, the designation of that individual will be null and
               void. Also, the designation of a spouse will become null and void
               upon the divorce of the Participant

                                       3
<PAGE>

               and that spouse, unless the Participant makes a valid beneficiary
               designation after the final date of such divorce, indicating that
               such former spouse is to remain his Designated Beneficiary.

If a Participant dies after any benefit payment has been made to him under this
Plan, benefits, if any, will continue to be paid in accordance with the payment
form in effect under Article IV.

         Section 3.7. Actuarial Equivalents and Assumptions . For purposes of
determining actuarially equivalent benefits and forms of payment under the Plan,
a six and one-half percent interest rate and the 1983 Group Annuity Mortality
Table (50% Male/50% Female) will be used. For purposes of determining the
Monthly Offset Amount, a seven and one-half percent earnings rate will be used
to project benefits from termination of employment to age 65. The Company may
establish any other reasonable actuarial procedures and assumptions to determine
the benefit payable to any Participant under this Plan.

                                   ARTICLE IV
                                  DISTRIBUTIONS
                                  -------------

         Section 4.1. Normal Payment Form . The benefit payable under Article
III will be distributed in cash to the Participant or Designated Beneficiary in
the form of a life annuity for his lifetime only, with the last payment to be
made for the month in which he dies.

         Section 4.2. Optional Payment Forms . Rather than receiving payment in
the form described in Section 4.1, a Participant may elect to have payment made
in one of the following forms (which will be adjusted to be actuarially
equivalent to the life annuity of Section 4.1):

                  (a)      One lump sum payment.

                  (b)      A joint and 50 percent survivor annuity. The joint
                           and 50 percent survivor annuity will consist of a
                           reduced monthly benefit payable for the Participant's
                           lifetime and, upon the Participant's death, a monthly
                           benefit payable to the Participant's Designated
                           Beneficiary for that individual's lifetime in an
                           amount equal to 50 percent of the Participant's
                           reduced monthly payment.

                  (c)      A joint and 100 percent survivor annuity. The joint
                           and 100 percent survivor annuity will consist of a
                           reduced monthly benefit payable for the Participant's
                           lifetime and, upon the Participant's death, a monthly
                           benefit payable to the Participant's Designated
                           Beneficiary for that individual's lifetime in an
                           amount equal to the Participant's reduced monthly
                           payment.

                  (d)      A life annuity with 10-year certain payments. The
                           life annuity with 10-year certain payments will
                           consist a monthly benefit payable for the
                           Participant's lifetime, but if the Participant dies
                           before receiving 120 monthly payments, any of the 120
                           payments not received will be paid to the
                           Participant's Designated Beneficiary.

To elect an optional form of payment (or early payment under Section 3.5), a
Participant must file an election form with the Administrator (on a form or
forms prescribed by the

                                       4
<PAGE>

Administrator). To be effective, the Participant's election must be filed with
the Administrator at least 90 days prior to the beginning of the calendar year
in which the Participant terminates employment.

         Section 4.3. Vesting . Notwithstanding any other Plan provision to the
contrary, no benefit will be payable under this Plan to or on account of a
Participant if the Participant's employment with the Company and all its
affiliates terminates before he completes five years of continuous employment
with the Company and its affiliates. Employment with the Company prior to the
Effective Date will be counted for this purpose.

                                    ARTICLE V
                               PLAN ADMINISTRATION
                               -------------------

         Section 5.1. Administration by the Administrator . The Administrator
will be responsible for administering the Plan. Except as the Company may
otherwise expressly determine, the Administrator (either the Company itself or a
Committee appointed by the Company) will be charged with the full power and
responsibility for administering the Plan in all its details.

         Section 5.2. Powers and Responsibilities of the Administrator .

                  (a)      The Administrator will have all powers necessary to
                           administer the Plan, including the power to construe
                           and interpret the Plan documents; to decide all
                           questions relating to an individual's eligibility to
                           participate in the Plan; to require information from
                           a Participant or beneficiary; to determine whether a
                           Participant has actually terminated employment; to
                           determine a Participant's benefit accruals; to
                           determine the amount, manner and timing of any
                           distribution of benefits under the Plan; to resolve
                           any claim for benefits in accordance with Section
                           5.4, and to appoint or employ advisors, including
                           legal counsel, to render advice with respect to any
                           of the Administrator's responsibilities under the
                           Plan. Any construction, interpretation, or
                           application of the Plan by the Administrator will be
                           final, conclusive and binding on all parties.

                  (b)      The Administrator may adopt any rule or rules it
                           deems necessary, desirable, or appropriate in the
                           administration of the Plan. When making a
                           determination or calculation, the Administrator will
                           be entitled to rely upon information furnished by a
                           Participant or Designated Beneficiary.

                  (c)      The Administrator may require a Participant or
                           Designated Beneficiary to complete and file with it
                           an application for a benefit, and to furnish all
                           pertinent information requested by it. The
                           Administrator may rely upon all the information so
                           furnished to it, including the Participant's or
                           Designated Beneficiary's current mailing address.

         Section 5.3. Liabilities . The Administrator will be indemnified and
held harmless with respect to any actual or alleged breach of responsibilities
performed or to be performed under the Plan.

                                       5
<PAGE>

         Section 5.4. Claims Procedure . Any Participant or Designated
Beneficiary may file a written claim for a Plan benefit with the Administrator
or with a person named by the Administrator to receive claims under the Plan.

                    (a)  Filing a Claim. If filed, a claim for a Plan benefit
                         must be filed with the Administrator or with a person
                         named by the Administrator to receive claims under the
                         Plan in writing.

                    (b)  Notice of Denial of Claim. In the event of a denial or
                         limitation of any benefit or payment due to or
                         requested by any Participant or Designated Beneficiary
                         under the Plan ("claimant"), the claimant will be given
                         a written notification containing specific reasons for
                         the denial or limitation of his benefit. The written
                         notification will contain specific reference to the
                         pertinent Plan provisions on which the denial or
                         limitation is based. In addition, it will contain a
                         description of any other material or information
                         necessary for the claimant to perfect a claim, and an
                         explanation of why such material or information is
                         necessary. The notification will further provide
                         appropriate information as to the steps to be taken if
                         the claimant wishes to submit his claim for review.
                         This written notification will be given to a claimant
                         within 90 days after receipt of his claim by the
                         Administrator, unless special circumstances require an
                         extension of time for processing the claim. If such an
                         extension of time for processing is required, written
                         notice of the extension will be furnished to the
                         claimant prior to the termination of the 90-day period,
                         and that notice will indicate the special circumstances
                         which make the postponement appropriate.

                    (c)  Right of Review. In the event of a denial or limitation
                         of his benefit, the claimant or his duly authorized
                         representative will be permitted to review pertinent
                         documents and to submit to the Administrator issues and
                         comments in writing. In addition, the claimant or his
                         duly authorized representative may make a written
                         request for a full and fair review of his claim and its
                         denial by the Administrator; provided, however, that
                         such written request must be received by the
                         Administrator within 60 days after receipt by the
                         claimant of written notification of the denial or
                         limitation of the claim. The 60-day requirement may be
                         waived by the Administrator in appropriate cases.

                    (d)  Decision on Review. A decision will be rendered by the
                         Administrator within 60 days after the receipt of the
                         request for review, provided that where special
                         circumstances require an extension of time for
                         processing the decision, it may be postponed on written
                         notice to the claimant (prior to the expiration of the
                         initial 60-day period) for an additional 60 days after
                         the receipt of such request for review. Any decision by
                         the Administrator will be furnished to the claimant in
                         writing and will set forth the specific reasons for the
                         decision and the specific Plan provisions on which the
                         decision is based.

                    (e)  Court Action. No Participant or Designated Beneficiary
                         will have the right to seek judicial review of a denial
                         of benefits, or to bring any action

                                       6
<PAGE>

                         in any court to enforce a claim for benefits prior to
                         filing a claim for benefits or exhausting his rights to
                         review under this Section.

         Section 5.5. Income and Employment Tax Withholding . The Company will
be responsible for withholding of all applicable federal, state, city and local
taxes, and the Participant or Designated Beneficiary agrees to the withholdings
from the distribution of his benefit under the Plan by accepting a benefit under
the Plan.

                                   ARTICLE VI
                      AMENDMENT AND TERMINATION OF THE PLAN
                      -------------------------------------

         Section 6.1. Amendment of the Plan . The Company may amend the Plan at
any time in whole or in part in its sole discretion, but may not reduce or take
away a benefit from a Participant that the Participant had accrued under the
Plan prior to the amendment.

         Section 6.2. Termination of the Plan . The Company may terminate the
Plan at any time or reduce or cease benefit accruals at any time in its sole
discretion, but may not reduce or take away a benefit from a Participant that
the Participant had accrued under the Plan prior to the termination.

                                   ARTICLE VII
                                  MISCELLANEOUS
                                  -------------

         Section 7.1. Governing Law . The Plan will be construed, regulated and
administered according to the laws of the State of Indiana, without reference to
that state's choice of law principles, except in those areas preempted by the
laws of the United States of America in which case the federal law will control.

         Section 7.2. Conflict with Employment Agreement . To the extent any
provision of this Plan conflicts with any provision of a written employment
agreement between an employee and the Company, the provisions of the employment
agreement will control.

         Section 7.3. Headings and Gender . The headings and subheadings in the
Plan have been inserted for convenience of reference only and will not affect
the construction of the Plan provisions. In any necessary construction, the
masculine will include the feminine and the singular the plural, and vice versa.

         Section 7.4. Participant's Rights; Acquittance . No Participant will
acquire any right to be retained in the employ of the Company by virtue of the
Plan, nor, upon his dismissal, or upon his voluntary termination of employment,
will he have any right or interest in or to any Plan assets other than as
specifically provided herein.

         Section 7.5. Spendthrift Clause . No benefit or interest available
under the Plan will be subject in any manner to anticipation, alienation, sale,
transfer, assignment, pledge, encumbrance, attachment or garnishment by
creditors of the Participant or the Participant's Designated Beneficiary, either
voluntarily or involuntarily.

                                       7
<PAGE>

         Section 7.6. Counterparts . This Plan may be executed in any number of
counterparts, each constituting but one and the same instrument and may be
sufficiently evidenced by any one counterpart.

         Section 7.7. No Enlargement of Employment Rights . Nothing contained in
the Plan may be construed as a contract of employment between the Company and
any person, nor may the Plan be deemed to give any person the right to be
retained in the employ of the Company or limit the right of the Company to
employ or discharge any person with or without cause, or to discipline any
employee.

         Section 7.8. Limitations on Liability . Notwithstanding any other
provision of the Plan to the contrary, neither the Company nor any individual
acting as an employee or agent of the Company will be liable to any Participant,
employee or beneficiary for any claim, loss, liability or expense incurred in
connection with the Plan, except when the same has been judicially determined to
be due to the gross negligence or willful misconduct of that person.

         Section 7.9. Incapacity of Participant or Designated Beneficiary . If
any person entitled to receive a distribution under the Plan is physically or
mentally incapable of personally receiving and giving a valid receipt for any
payment due (unless a prior claim for the distribution has been made by a duly
qualified guardian or other legal representative), then, unless and until a
claim for the distribution has been made by a duly appointed guardian or other
legal representative of that person, the Administrator may provide for the
distribution or any part thereof to be made to any other person or institution
then contributing toward or providing for the care and maintenance of the
claimant. Any payment made for the benefit of the person under this Section will
be a payment for the account of that person and a complete discharge of any
liability of the Company and the Plan.

         Section 7.10. Corporate Successors . The Plan will not be terminated by
a transfer or sale of assets of the Company or by the merger or consolidation of
the Company into or with any other corporation or other entity (a
"Transaction"), but will be binding after the Transaction upon the transferee,
purchaser or successor entity.

         Section 7.11. Evidence . Evidence required of anyone under the Plan may
be by certificate, affidavit, document or other information which the person
relying on the evidence considers pertinent and reliable, and signed, made or
presented by the proper party or parties.

         Section 7.12. Action by the Company . Any action required of or
permitted by the Company under the Plan will be by resolution of its Board of
Directors, or by a person or persons authorized by resolution of the Board.

         Section 7.13. Severability . In the event any provisions of the Plan
are held to be illegal or invalid for any reason, the illegality or invalidity
will not affect the remaining parts of the Plan, and the Plan will be construed
and endorsed as if the illegal or invalid provisions had never been contained in
the Plan.

         Section 7.14. Funding . The Plan at all times will be an unfunded
promise by the Company to make benefit payments in the future. Benefits payable
under this Plan to a Participant or to a Designated Beneficiary will be paid
directly by the Company from its general assets. The Company is not required to
segregate on its books or otherwise establish any funding

                                       8
<PAGE>

procedure for any amount to be used for the payment of benefits under this Plan.
The Company may, however, in its sole discretion, set funds aside in
investments, including a so-called "rabbi trust," to meet its anticipated
obligations under the Plan. Any action or set-aside may not be deemed to create
a trust of any kind between the Company and any Participant or Designated
Beneficiary or to constitute the funding of any Plan benefits. Consequently, any
person entitled to a payment under the Plan will have no rights greater than the
rights of any other unsecured creditor of the Company.

         Section 7.15. Information to be Furnished by Participants .
Participants and Designated Beneficiaries must furnish the Administrator with
any and all documents, evidence, data or other information the Administrator
considers necessary or desirable for the purpose of administering the Plan.
Benefit payments under the Plan are conditioned on the Participant (or
Designated Beneficiary) furnishing full, true and complete data, evidence or
other information to the Administrator, and on the prompt execution of any
document reasonably related to the administration of the Plan requested by the
Administrator.

                                       9

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00036-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00036-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00036-of-00352.parquet"}]]