BURLINGTON RESOURCES INC
EXHIBIT 10.12
<DOCUMENT>
<TYPE>EX-10.12
<SEQUENCE>13
<FILENAME>ex10_12.htm
<DESCRIPTION>EXHIBIT 10.12
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="center"><a name="SendFinalTemp"/><a name="CGRCurrPG"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>AMENDMENT
      NO. 3</strong></font></a></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>TO</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>BURLINGTON
      RESOURCES INC.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>2001
      PERFORMANCE SHARE UNIT PLAN</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 75pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Burlington Resources Inc. 2001 Performance Share Unit Plan (the &#8220;Plan&#8221;) is
      hereby amended as follows:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 75pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 75pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1.</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 31pt"><font id="TAB2" style="LETTER-SPACING: 5pt">&#160;&#160;&#160;</font>&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
      2.1(d) of the Plan is amended, effective as of the &#8220;Effective Time&#8221; as defined
      in that certain Agreement and Plan of Merger dated as of December&#160;12, 2005
      by and among Burlington Resources Inc., ConocoPhillips and Cello Acquisition
      Corp. (the &#8220;Effective Time&#8221;), to read as follows:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 75pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 40pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#8220;(d)
      &#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Common
      Stock</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
      means
      the common stock of the Company, par value $.01 per share, or such other classes
      of shares or other securities as may be applicable pursuant to the provisions
      of
      Section 5.2 (except as otherwise provided in Section 7.8).&#8221;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 40pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 75pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2.</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 31pt"><font id="TAB2" style="LETTER-SPACING: 5pt">&#160;&#160;&#160;</font>&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
      7.2 of the Plan is amended, effective as of January 1, 2005, to add the
      following at the end thereof:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 75pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 36pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#8220;Anything
      in this Plan to the contrary notwithstanding, any deferrals with respect to
      Units vesting after December 31, 2004 shall be made pursuant to an election
      under the Burlington Resources Inc. 2005 Deferred Compensation Plan, and such
      deferrals shall be governed by the provisions of the Burlington Resources Inc.
      2005 Deferred Compensation Plan rather than Sections 7.3 through 7.6 of this
      Plan or any other provisions of this Plan relating to deferrals; provided,
      however, that Section 7.7 shall nevertheless apply to deferrals with respect
      to
      Units vesting after December 3l, 2004 subject to the following modifications:
      (i) the term &#8220;Change in Control&#8221; shall mean a &#8220;change in the ownership or
      effective control&#8221; of the Company or &#8220;in the ownership of a substantial portion
      of the assets&#8221; of the Company within the meaning of Section 409A(a)(2)(A)(v) of
      the Internal Revenue Code of 1986, as amended, and (ii) the election described
      in Section 7.7 to defer distribution until retirement, death, Permanent
      Disability, resignation or termination of employment will not be
      available.&#8221;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 36pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 75pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 31pt"><font id="TAB2" style="LETTER-SPACING: 5pt">&#160;&#160;&#160;</font>&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
      7.3 of the Plan is amended, effective as of the Effective Time, to read as
      follows:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 75pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 40pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#8220;7.3
      &#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Memorandum
      Account</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">.
      The
      Company shall establish a ledger account (the &#8220;Memorandum Account&#8221;) for each
      Participant who has elected to defer a payment pursuant to Section 7.2. Except
      as provided in Section 7.4, interest shall accrue on the deferred payment to
      the
      date of distribution, and shall be credited to the Memorandum Account as of
      such
      Valuation Dates as shall be established by the Management Committee (the
      deferred payment plus credited interest under the Memorandum Account being
      the
&#8220;Interest Account&#8221;). The Management Committee shall determine, in its sole
      discretion, the rate of interest to be credited periodically to the Interest
      Accounts; provided, however, that in no event may the interest rate be less
      than
      the Moody&#8217;s Long-Term Corporate Bond</font></div><br>
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    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Yield
      Average (as it may be adjusted from time to time); and, provided, further,
      that
      the Plan may not be amended to reduce or eliminate this minimum rate of
      interest.&#8221;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 40pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 75pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 31pt"><font id="TAB2" style="LETTER-SPACING: 5pt">&#160;&#160;&#160;</font>&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
      7.4 of the Plan is amended, effective as of the Effective Time, to read as
      follows:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 75pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 40pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#8220;7.4
      &#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Investment
      of Accounts</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">.
      In lieu
      of investing in the Interest Account, a Participant may elect that all or a
      specified percentage of his or her deferred payment be credited to the Company
      Stock Account (as defined below), the S&amp;P Account (as defined below), or in
      any combination of the Interest Account, Company Stock Account and/or S&amp;P
      Account as elected by the Participant. The Management Committee (or the Plan
      Administrator, as the case may be) shall establish a separate subaccount(s)
      for
      such Participant under his or her Memorandum Account, which shall be credited
      (i) with respect to the Company Stock Account, with whole and fractional phantom
      shares of Common Stock (&#8220;Phantom Stock&#8221;) as of the applicable date, and with
      phantom dividends with respect to the credited Phantom Stock, which shall be
      credited as being reinvested in additional shares of Phantom Stock (such
      credited shares of Phantom Stock being the &#8220;Company Stock Account&#8221;) and (ii)
      with respect to the S&amp;P Account, with whole and fractional phantom units in
      a Standard &amp; Poor&#8217;s 500 Composite Stock Price Index fund (or by reference to
      a mutual fund selected by the Management Committee that tracks such index as
      of
      the applicable date) and with any phantom distributions of such credited S&amp;P
      units, which shall be credited as being reinvested in additional phantom S&amp;P
      units (such credited phantom S&amp;P units being the &#8220;S&amp;P Account&#8221;). All
      credits to the Company Stock Account resulting from an initial investment of
      deferred amounts shall be based on a value equal to 75 percent of the Fair
      Market Value per share of the Common Stock on the applicable Valuation Date.
      All
      credits to the Company Stock Account resulting from a reinvestment of amounts
      previously invested in the Interest Account or the S&amp;P Account or resulting
      from a reinvestment of phantom dividends shall be made based on a value equal
      to
      100% of the Fair Market Value per share of the Common Stock on the applicable
      Valuation Date. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 40pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 40pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Each
      Participant who has a Memorandum Account under the Plan may elect that all
      or a
      specified percentage of his or her Memorandum Account balance as of any date
      be
      reinvested in the Interest Account, Company Stock Account and/or S&amp;P Account
      in such proportions as elected by the Participant. This election shall be in
      such form as the Plan Administrator shall establish and shall comply with all
      requirements of Section 16(b), to the extent applicable. In no event may any
      reinvestment be made of any portion of a Participant&#8217;s Company Stock Account
      representing Phantom Stock purchased at a discount to Fair Market Value as
      described above prior to the earlier of (i) the expiration of a period of three
      years following the date on which the Phantom Stock purchased at a discount
      was
      credited to the Participant&#8217;s Company Stock Account or (ii) the date of the
      Participant&#8217;s retirement, death, Permanent Disability, resignation or
      termination of employment.&#8221;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 40pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 75pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 31pt"><font id="TAB2" style="LETTER-SPACING: 5pt">&#160;&#160;&#160;</font>&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
      7.5 of the Plan is amended, effective as of the Effective Time, to read as
      follows:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 75pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left">&#160;</div><br>
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        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">-2-</font></div>
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          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
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      </div>
    </div><br>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 75pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#8220;7.5
      &#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Payment
      of Accounts</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">.
      Upon
      retirement, death, Permanent Disability, resignation or termination of
      employment of a Participant who has elected to defer the payment in respect
      of
      any Units or other specified time that is elected by the Participant and
      acceptable to the Management Committee or the Plan Administrator, as the case
      may be, the employer shall pay to such Participant (or to his or her Beneficiary
      in case of the Participant&#8217;s death) in cash the balance credited to his or her
      affected Account(s) as follows:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 75pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

          <tr valign="top" style="line-height: 1;">
            <td style="width: 110pt;">&#160;</td>
            <td style="width: 35pt;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">a
                lump sum payment; or</font></div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

          <tr valign="top" style="line-height: 1;">
            <td style="width: 110pt;">&#160;</td>
            <td style="width: 35pt;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">in
                5 consecutive substantially equal annual installments; or</font></div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

          <tr valign="top" style="line-height: 1;">
            <td style="width: 110pt;">&#160;</td>
            <td style="width: 35pt;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(c)</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">in
                10 consecutive substantially equal annual installments;</font></div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">whichever
      form of payment has been elected by the Participant. If distributions are to
      be
      made in substantially equal installments, the amount of each installment payment
      shall be determined by dividing (i) the amount credited to the portion of the
      Participant&#8217;s Account to be paid in that form determined as of the valuation
      date before the applicable installment payment by (ii)&#160;the number of
      installment payments (including the applicable installment) remaining to be
      paid. On and after the Participant&#8217;s retirement, death, Permanent Disability,
      resignation or termination of employment and until the full distribution of
      his
      or her Account(s), the Participant may invest all or a specified portion of
      his
      or her Account(s) as of any date in the Interest Account, Company Stock Account
      and/or S&amp;P Account in such proportions as elected by the Participant.
      Payment of Accounts shall commence or be made in the month following the month
      in which the Participant&#8217;s retirement, death, Permanent Disability, resignation
      or termination of employment occurs or any other specified time that is elected
      by the Participant and acceptable to the Management Committee or the Plan
      Administrator, as the case may be. In the case of distribution to a Participant
      in installments, payment will be made on a pro rata basis from each of the
      Participant&#8217;s Accounts.&#8221;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 75pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">6.</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 31pt"><font id="TAB2" style="LETTER-SPACING: 5pt">&#160;&#160;&#160;</font>&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
      7
      of the Plan is amended, effective as of the Effective Time, by adding the
      following new Section 7.8:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 75pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 40pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#8220;7.8
      &#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Conversion
      of Company Stock Account</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">.
      At the
&#8220;Effective Time&#8221; as defined in that certain Agreement and Plan of Merger dated
      as of December&#160;12, 2005 by and among the Company, ConocoPhillips and Cello
      Acquisition Corp., the Phantom Stock held in the Company Stock Account shall
      be
      converted in accordance with said Agreement and Plan of Merger into phantom
      shares of common stock of ConocoPhillips, and thereafter the term &#8220;Common Stock&#8221;
for purposes of this Plan shall mean common stock of
      ConocoPhillips.&#8221;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 40pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 75pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7.</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 31pt"><font id="TAB2" style="LETTER-SPACING: 5pt">&#160;&#160;&#160;</font>&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
      8.10 of the Plan is amended, effective as of January 1, 2005, to read as
      follows:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 75pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 40pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#8220;8.10
      </font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 31pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Termination
      and Amendment</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">.
      Subject
      to Section 8.13 and the limitation set forth in the third sentence of Section
      7.3, the Board or the Compensation Committee may from time to time amend,
      suspend or terminate the Plan, in whole or in part; provided, however, that
      no
      such action shall be allowed to impair the right of a Participant
      to</font></div><br>
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      </div>
      <div id="HDR">
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      </div>
    </div><br>
    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">receive
      payment with respect to Units that have vested as of such date without the
      consent of such Participant. Subject to Section 8.13 and the limitation set
      forth in the third sentence of Section 7.3, the Management Committee may amend
      the Plan, without Board or Compensation Committee approval, to ensure that
      the
      Company may obtain any regulatory approval or to accomplish any other reasonable
      purpose, provided that the amendments do not materially increase the cost of
      the
      Plan to the Company and its Subsidiaries, and do not substantially alter the
      level of benefits under the Plan or expand the classification of employees
      eligible to participate in the Plan. If the Plan is suspended or terminated,
      the
      Board may reinstate any or all of its provisions.&#8221;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 75pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">8.</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 31pt"><font id="TAB2" style="LETTER-SPACING: 5pt">&#160;&#160;&#160;</font>&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
      8
      of the Plan is amended, effective as of January 1, 2005, by adding the following
      new Section 8.13:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 75pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 40pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 36pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#8220;8.13
      </font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 31pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Compliance
      with Code Section 409A</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">.
      With
      respect to any deferrals under this Plan in respect of Units vesting after
      December 31, 2004, it is intended that this Plan comply with Section 409A of
      the
      Internal Revenue Code of 1986, as amended (the &#8220;Code&#8221;) and any regulations,
      guidance and transitional rules issued thereunder, and the Plan shall be
      interpreted and operated consistently with that intent. If the Compensation
      Committee shall determine, following the issuance of final regulations, that
      any
      provisions of this Plan as applicable to the portion of this Plan attributable
      to deferrals in respect of Units vesting after December 31, 2004, do not comply
      with the requirements of Section 409A of the Code, the Compensation Committee
      shall amend the Plan to the extent (and only to the extent) necessary (including
      retroactively) in order to preserve compliance with said Section 409A; provided,
      however, that any such amendment affecting amounts previously deferred under
      the
      Plan shall be made in a manner that preserves the economic value of such
      deferred amounts to the Participant.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 40pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 36pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 40pt; TEXT-INDENT: 40pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 36pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">It
      is
      intended that any amounts deferred under this Plan in respect of Units vesting
      prior to January 1, 2005 qualify under the grandfather provisions of Section
      409A of the Code and the regulations and guidance thereunder so that such
      deferrals (as adjusted for earnings and losses thereon) are not subject to
      said
      Section 409A. No amendments shall be made to this Plan that would cause the
      loss
      of such grandfather protection.&#8221;</font></div>
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        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">&#160;</div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1; MARGIN-RIGHT: 0pt" align="left"><br></div>
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