ALLSTATE CORP
THE ALLSTATE CORPORATION 2001 EQUITY INCENTIVE PLA
<DOCUMENT>
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<DESCRIPTION>THE ALLSTATE CORPORATION 2001 EQUITY INCENTIVE PLA
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<P ALIGN="CENTER"><FONT SIZE=2><B>THE ALLSTATE CORPORATION<BR>
2001 EQUITY INCENTIVE PLAN  </B></FONT></P>

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<BR></FONT><FONT SIZE=2><B>TABLE OF CONTENTS    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;
<A NAME="KB3805_TOC"></A> </FONT></P>

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<TD WIDTH="100%"><A HREF="#kc3805_article_1._establishment,_purpose_and_duration"><FONT SIZE=2>Article 1.&nbsp;&nbsp;&nbsp;&nbsp;Establishment, Purpose and Duration</FONT></A></TD>
</TR>
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<TD WIDTH="100%"><A HREF="#kc3805_article_2._definitions"><FONT SIZE=2><BR>
Article 2.&nbsp;&nbsp;&nbsp;&nbsp;Definitions</FONT></A></TD>
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<TD WIDTH="100%"><A HREF="#kc3805_article_3._administration"><FONT SIZE=2><BR>
Article 3.&nbsp;&nbsp;&nbsp;&nbsp;Administration</FONT></A></TD>
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<TD WIDTH="100%"><A HREF="#kc3805_article_4._stock_subject_to_the_plan"><FONT SIZE=2><BR>
Article 4.&nbsp;&nbsp;&nbsp;&nbsp;Stock Subject to the Plan</FONT></A></TD>
</TR>
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<TD WIDTH="100%"><A HREF="#kc3805_article_5._eligibility_and_participation"><FONT SIZE=2><BR>
Article 5.&nbsp;&nbsp;&nbsp;&nbsp;Eligibility and Participation</FONT></A></TD>
</TR>
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<TD WIDTH="100%"><A HREF="#kc3805_article_6._stock_options"><FONT SIZE=2><BR>
Article 6.&nbsp;&nbsp;&nbsp;&nbsp;Stock Options</FONT></A></TD>
</TR>
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<TD WIDTH="100%"><A HREF="#page_kc3805_1_11"><FONT SIZE=2><BR>
Article 7.&nbsp;&nbsp;&nbsp;&nbsp;Stock Appreciation Rights</FONT></A></TD>
</TR>
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<TD WIDTH="100%"><A HREF="#page_kc3805_1_13"><FONT SIZE=2><BR>
Article 8.&nbsp;&nbsp;&nbsp;&nbsp;Unrestricted Stock, Restricted Stock and Restricted Stock Units</FONT></A></TD>
</TR>
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<TD WIDTH="100%"><A HREF="#page_kc3805_1_14"><FONT SIZE=2><BR>
Article 9.&nbsp;&nbsp;&nbsp;&nbsp;Performance Units and Performance Stock</FONT></A></TD>
</TR>
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<TD WIDTH="100%"><A HREF="#page_kc3805_1_16"><FONT SIZE=2><BR>
Article 10.&nbsp;&nbsp;&nbsp;&nbsp;Other Awards</FONT></A></TD>
</TR>
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<TD WIDTH="100%"><A HREF="#page_kc3805_1_16"><FONT SIZE=2><BR>
Article 11.&nbsp;&nbsp;&nbsp;&nbsp;Deferrals</FONT></A></TD>
</TR>
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<TD WIDTH="100%"><A HREF="#page_kc3805_1_16"><FONT SIZE=2><BR>
Article 12.&nbsp;&nbsp;&nbsp;&nbsp;Rights of Participants</FONT></A></TD>
</TR>
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<TD WIDTH="100%"><A HREF="#page_kc3805_1_17"><FONT SIZE=2><BR>
Article 13.&nbsp;&nbsp;&nbsp;&nbsp;Termination of Employment</FONT></A></TD>
</TR>
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<TD WIDTH="100%"><A HREF="#page_kc3805_1_18"><FONT SIZE=2><BR>
Article 14.&nbsp;&nbsp;&nbsp;&nbsp;Equity Incentive Plans of Foreign Subsidiaries</FONT></A></TD>
</TR>
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<TD WIDTH="100%"><A HREF="#page_kc3805_1_18"><FONT SIZE=2><BR>
Article 15.&nbsp;&nbsp;&nbsp;&nbsp;Amendment, Modification and Termination</FONT></A></TD>
</TR>
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<TD WIDTH="100%"><A HREF="#page_kc3805_1_18"><FONT SIZE=2><BR>
Article 16.&nbsp;&nbsp;&nbsp;&nbsp;Payment for Awards and Withholding</FONT></A></TD>
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<TD WIDTH="100%"><A HREF="#page_kc3805_1_20"><FONT SIZE=2><BR>
Article 17.&nbsp;&nbsp;&nbsp;&nbsp;Substituted Awards</FONT></A></TD>
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<TD WIDTH="100%"><A HREF="#page_kc3805_1_20"><FONT SIZE=2><BR>
Article 18.&nbsp;&nbsp;&nbsp;&nbsp;Successors</FONT></A></TD>
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<TD WIDTH="100%"><A HREF="#page_kc3805_1_20"><FONT SIZE=2><BR>
Article 19.&nbsp;&nbsp;&nbsp;&nbsp;Legal Construction</FONT></A></TD>
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<P ALIGN="CENTER"><FONT SIZE=2><B>THE ALLSTATE CORPORATION<BR>
2001 EQUITY INCENTIVE PLAN  </B></FONT></P>

<P><FONT SIZE=2><A
NAME="kc3805_article_1._establishment,_purpose_and_duration"> </A>
<A NAME="toc_kc3805_1"> </A></FONT> <FONT SIZE=2><B>Article&nbsp;1.&nbsp;&nbsp;Establishment, Purpose and Duration    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;1.1</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Establishment of the Plan.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;The Allstate Corporation, a Delaware corporation (hereinafter referred
to as the "Company"), hereby establishes an incentive compensation plan for key employees, to be known as "The Allstate Corporation 2001 Equity Incentive Plan" (hereinafter referred to as the "Plan"),
as set forth in this document. The Plan permits the grant of nonqualified stock options (NQSOs), incentive stock options (ISOs), stock appreciation rights (SARs), unrestricted stock, restricted stock,
restricted stock units, performance units, performance stock and other awards. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The
Plan was approved by the Board of Directors on March&nbsp;13, 2001, shall become effective when approved by the stockholders at the 2001 Annual Meeting of Stockholders (the
"Effective Date") and shall remain in effect as provided in Section&nbsp;1.3 herein. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;1.2</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Purpose of the Plan.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;The primary purpose of the Plan is to provide a means by which key employees
of the Company and its Subsidiaries can acquire and maintain stock ownership, thereby strengthening their commitment to the success of the Company and its Subsidiaries and their desire to remain
employed by the Company and its Subsidiaries. The Plan also is intended to attract and retain key employees and to provide such employees with additional incentive and reward opportunities designed to
encourage them to enhance the profitable growth of the Company and its Subsidiaries. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;1.3</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Duration of the Plan.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;The Plan shall commence on the Effective Date, as described in
Section&nbsp;1.1 herein, and shall remain in effect subject to the right of the Board of Directors to terminate the Plan at any time pursuant to Article&nbsp;15 herein, until all Stock subject to
it shall have been purchased or acquired according to the Plan's provisions. </FONT></P>

<P><FONT SIZE=2><A
NAME="kc3805_article_2._definitions"> </A>
<A NAME="toc_kc3805_2"> </A>
<BR></FONT><FONT SIZE=2><B>Article&nbsp;2.&nbsp;&nbsp;Definitions    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Whenever used in the Plan, the following terms shall have the meanings set forth below and, when such meaning is intended, the initial letter of the word is
capitalized: </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.1&nbsp;</FONT><FONT
SIZE=2><I>Award</I></FONT><FONT SIZE=2> means, individually or collectively, a grant under the Plan of NQSOs, ISOs, SARs, Unrestricted Stock,
Restricted Stock, Restricted Stock Units, Performance Units, Performance Stock or any other type of award permitted under Article&nbsp;10 of the Plan. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.2&nbsp;</FONT><FONT
SIZE=2><I>Award Agreement</I></FONT><FONT SIZE=2> means an agreement setting forth the terms and provisions applicable to an Award granted to a
Participant under the Plan. </FONT></P>

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<P><FONT SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;2.3&nbsp;</FONT><FONT SIZE=2><I>Base Value</I></FONT><FONT SIZE=2> of an SAR means the Fair Market Value of a share of Stock on the date the SAR is granted. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.4&nbsp;</FONT><FONT
SIZE=2><I>Beneficial Owner</I></FONT><FONT SIZE=2> means such term as defined in Rule&nbsp;13d-3 under the Exchange Act. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.5&nbsp;</FONT><FONT
SIZE=2><I>Board</I></FONT><FONT SIZE=2> or </FONT><FONT SIZE=2><I>Board of Directors</I></FONT><FONT SIZE=2> means the Board of Directors of the
Company. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.6&nbsp;</FONT><FONT
SIZE=2><I>Code</I></FONT><FONT SIZE=2> means the Internal Revenue Code of 1986, as amended from time to time. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.7&nbsp;</FONT><FONT
SIZE=2><I>Committee</I></FONT><FONT SIZE=2> means the committee, as specified in Article&nbsp;3, appointed by the Board to administer the Plan. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.8&nbsp;</FONT><FONT
SIZE=2><I>Company</I></FONT><FONT SIZE=2> means The Allstate Corporation, a Delaware corporation, or any successor thereto as provided in
Article&nbsp;18 herein. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.9&nbsp;</FONT><FONT
SIZE=2><I>Covered Employee</I></FONT><FONT SIZE=2> means any Participant who would be considered a "covered employee" for purposes of
Section&nbsp;162(m) of the Code. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.10&nbsp;</FONT><FONT
SIZE=2><I>Disability</I></FONT><FONT SIZE=2> means a mental or physical condition which, in the opinion of the Committee, renders a Participant
unable or incompetent to carry out the job responsibilities which such Participant held or the duties to which such Participant was assigned at the time the disability was incurred, and which is
expected to be permanent or for an indefinite duration. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.11&nbsp;</FONT><FONT
SIZE=2><I>Dividend Equivalent</I></FONT><FONT SIZE=2> means, with respect to Stock subject to an Award, a right to be paid an amount equal to
dividends declared on an equal number of outstanding shares of Stock. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.12&nbsp;</FONT><FONT
SIZE=2><I>Eligible Person</I></FONT><FONT SIZE=2> means a Person who is eligible to participate in the Plan, as set forth in Section&nbsp;5.1
herein. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.13&nbsp;</FONT><FONT
SIZE=2><I>Employee</I></FONT><FONT SIZE=2> means an individual who is paid on the payroll of the Company or of one of the Company's Subsidiaries, who
is not covered by any collective bargaining agreement to which the Company or any of its Subsidiaries is a party, and is classified on the employer's human resource payroll system as a regular
full-time or regular part-time employee. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.14&nbsp;</FONT><FONT
SIZE=2><I>Exchange Act</I></FONT><FONT SIZE=2> means the Securities Exchange Act of 1934, as amended from time to time, or any successor act thereto. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.15&nbsp;</FONT><FONT
SIZE=2><I>Exercise Period</I></FONT><FONT SIZE=2> means the period during which an SAR or Option is exercisable, as set forth in the related Award
Agreement. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>2</FONT></P>

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<P><FONT SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;2.16&nbsp;</FONT><FONT SIZE=2><I>Fair Market Value</I></FONT><FONT SIZE=2> means, as of any applicable date, the average of the high and low sale prices as reported in the
consolidated transaction reporting system, or, if there was no such sale on the relevant date, then on the last previous day on which a sale was reported. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.17&nbsp;</FONT><FONT
SIZE=2><I>Family Member</I></FONT><FONT SIZE=2> means any child, stepchild, grandchild, parent, stepparent, grandparent, spouse, or sibling,
including adoptive relationships, a trust in which these persons have more than fifty (50)&nbsp;percent of the beneficial interest, a foundation in which these persons (or the Employee) control the
management of assets, and any other entity in which these persons (or the Employee) own more than fifty (50)&nbsp;percent of the voting interests. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.18&nbsp;</FONT><FONT
SIZE=2><I>Freestanding SAR</I></FONT><FONT SIZE=2> means an SAR that is not a Tandem SAR. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.19&nbsp;</FONT><FONT
SIZE=2><I>Incentive Stock Option</I></FONT><FONT SIZE=2> or </FONT><FONT SIZE=2><I>ISO</I></FONT><FONT SIZE=2> means an option to purchase Stock,
granted under Article&nbsp;6 herein, which is designated as an Incentive Stock Option and satisfies the requirements of Section&nbsp;422 of the Code. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.20&nbsp;</FONT><FONT
SIZE=2><I>Minimum Consideration</I></FONT><FONT SIZE=2> means the $.01 par value per share or such larger amount determined pursuant to resolution of
the Board to be capital within the meaning of Section&nbsp;154 of the Delaware General Corporation Law. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.21&nbsp;</FONT><FONT
SIZE=2><I>Nonqualified Stock Option</I></FONT><FONT SIZE=2> or </FONT><FONT SIZE=2><I>NQSO</I></FONT><FONT SIZE=2> means an option to purchase
Stock, granted under Article&nbsp;6 herein, which is not intended to be an Incentive Stock Option under Section&nbsp;422 of the Code. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.22&nbsp;</FONT><FONT
SIZE=2><I>Option</I></FONT><FONT SIZE=2> means an Incentive Stock Option or a Nonqualified Stock Option. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.23&nbsp;</FONT><FONT
SIZE=2><I>Option Exercise Price</I></FONT><FONT SIZE=2> means the price at which a share of Stock may be purchased by a Participant pursuant to an
Option, as determined by the Committee and set forth in the Option Award Agreement. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.24&nbsp;</FONT><FONT
SIZE=2><I>Participant</I></FONT><FONT SIZE=2> means an Eligible Person who has outstanding an Award granted under the Plan. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.25&nbsp;</FONT><FONT
SIZE=2><I>Performance Goals</I></FONT><FONT SIZE=2> means the performance goals established by the Committee, which shall be based on one or more of
the following measures: sales or revenues, earnings per share, stockholder return and/or value, funds from operations, operating income, gross income, net income, combined ratio, underwriting income,
cash flow, return on equity, return on capital, return on assets, net earnings, earnings before interest, operating ratios, stock price, customer satisfaction, customer retention, accomplishment of
mergers, acquisitions, dispositions or similar extraordinary business transactions, profit returns and margins, financial return ratios and/or market performance. Performance goals may be measured
solely on a corporate, subsidiary or business unit basis, or a combination thereof. Performance goals may reflect absolute entity </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>3</FONT></P>

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<P><FONT SIZE=2>
performance or a relative comparison of entity performance to the performance of a peer group of entities or other external measure. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.26&nbsp;</FONT><FONT
SIZE=2><I>Performance Period</I></FONT><FONT SIZE=2> means the time period during which Performance Unit/Performance Stock Performance Goals must be
met. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.27&nbsp;</FONT><FONT
SIZE=2><I>Performance Stock</I></FONT><FONT SIZE=2> means an Award described in Article&nbsp;9 herein. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.28&nbsp;</FONT><FONT
SIZE=2><I>Performance Unit</I></FONT><FONT SIZE=2> means an Award described in Article&nbsp;9 herein. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.29&nbsp;</FONT><FONT
SIZE=2><I>Period of Restriction</I></FONT><FONT SIZE=2> means the period during which the transfer of Restricted Stock is limited in some way, as
provided in Article&nbsp;8 herein. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.30&nbsp;</FONT><FONT
SIZE=2><I>Person</I></FONT><FONT SIZE=2> means any individual, sole proprietorship, partnership, joint venture, limited liability company, trust,
unincorporated organization, association, corporation, institution, public benefit corporation, entity or government instrumentality, division, agency, body or department. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.31&nbsp;</FONT><FONT
SIZE=2><I>Plan</I></FONT><FONT SIZE=2> means The Allstate Corporation 2001 Equity Incentive Plan. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.32&nbsp;</FONT><FONT
SIZE=2><I>Qualified Restricted Stock</I></FONT><FONT SIZE=2> means an Award of Restricted Stock designated as Qualified Restricted Stock by the
Committee at the time of grant and intended to qualify for the exemption from the limitation on deductibility imposed by Section&nbsp;162(m) of the Code that is set forth in
Section&nbsp;162(m)(4)(C). </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.33&nbsp;</FONT><FONT
SIZE=2><I>Qualified Restricted Stock Unit</I></FONT><FONT SIZE=2> means an Award of Restricted Stock Units designated as Qualified Restricted Stock
Units by the Committee at the time of grant and intended to qualify for the exemption from the limitation on deductibility imposed by Section&nbsp;162(m) of the Code that is set forth in
Section&nbsp;162(m)(4)(C). </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.34&nbsp;</FONT><FONT
SIZE=2><I>Reload Option</I></FONT><FONT SIZE=2> means an additional Option described in Article&nbsp;6 herein. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.35&nbsp;</FONT><FONT
SIZE=2><I>Restricted Stock</I></FONT><FONT SIZE=2> means an Award described in Article&nbsp;8 herein. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.36&nbsp;</FONT><FONT
SIZE=2><I>Restricted Stock Unit</I></FONT><FONT SIZE=2> means an Award described in Article&nbsp;8 herein. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.37&nbsp;</FONT><FONT
SIZE=2><I>Retirement</I></FONT><FONT SIZE=2> means a Participant's termination from employment with the Company or a Subsidiary at the Participant's
Early, Normal or Health Retirement Date, as applicable. </FONT></P>

<UL>
<DL compact>
<DT><FONT SIZE=2>(a)</FONT></DT><DD><FONT SIZE=2><I>Early Retirement Date</I></FONT><FONT SIZE=2>&#151;shall mean the date prior to the Participant's Normal Retirement Date on which a Participant
terminates employment, if such termination date occurs on or after the Participant attains age fifty-five (55)&nbsp;with twenty (20)&nbsp;years of service and such retirement is in
accordance </FONT></DD></DL>
</UL>
<P ALIGN="CENTER"><FONT SIZE=2>4</FONT></P>

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<P><FONT SIZE=2>with
the voluntary early retirement policy of the Company or the Subsidiary with which the Participant is employed on the date of termination of employment. </FONT></P>

<UL>
<DL compact>
<DT><FONT SIZE=2>(b)</FONT></DT><DD><FONT SIZE=2><I>Normal Retirement Date</I></FONT><FONT SIZE=2>&#151;shall have the meaning given to it by the Company or the Subsidiary with which the Participant is
employed on the date of termination of employment, provided that such termination is voluntary and occurs on or after the Participant attains age sixty (60)&nbsp;with at least one (1)&nbsp;year of
service at termination of employment.
<BR><BR></FONT></DD><DT><FONT SIZE=2>(c)</FONT></DT><DD><FONT SIZE=2><I>Health Retirement Date</I></FONT><FONT SIZE=2>&#151;shall mean the date on which the Participant terminates employment for health reasons (as
determined under the human resource policy of the Company or the Subsidiary with which the Participant is employed on the date of termination of employment), provided that such termination date occurs
on or after the Participant attains age fifty (50)&nbsp;but before the Participant attains age sixty (60), with at least ten (10)&nbsp;years of continuous service at termination of employment. </FONT></DD></DL>
</UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.38&nbsp;</FONT><FONT
SIZE=2><I>Securities Act</I></FONT><FONT SIZE=2> means the Securities Act of 1933, as amended. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.39&nbsp;</FONT><FONT
SIZE=2><I>Stock</I></FONT><FONT SIZE=2> means the common stock, $.01 par value, of the Company. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.40&nbsp;</FONT><FONT
SIZE=2><I>Stock Appreciation Right</I></FONT><FONT SIZE=2> or </FONT><FONT SIZE=2><I>SAR</I></FONT><FONT SIZE=2> means a right, granted alone or in
connection with a related Option, designated as an SAR, to receive a payment on the day the right is exercised, pursuant to the terms of Article&nbsp;7 herein. Each SAR shall be denominated in terms
of one share of Stock. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.41&nbsp;</FONT><FONT
SIZE=2><I>Subsidiary</I></FONT><FONT SIZE=2> means any corporation (other than the Company) in an unbroken chain of corporations beginning with the
Company if each of the corporations other than the last corporation in the unbroken chain owns, directly or indirectly, stock possessing 50&nbsp;percent or more of the total combined Voting Power of
all classes of stock in one of the other corporations in such chain. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.42&nbsp;</FONT><FONT
SIZE=2><I>Tandem SAR</I></FONT><FONT SIZE=2> means an SAR that is granted in connection with a related Option, the exercise of which shall require
forfeiture of the right to purchase Stock under the related Option (and when Stock is purchased under the Option, the Tandem SAR shall be similarly canceled). </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.43&nbsp;</FONT><FONT
SIZE=2><I>Termination of Employment</I></FONT><FONT SIZE=2> occurs the first day on which an individual is for any reason no longer employed by the
Company or any of its Subsidiaries, or with respect to an individual who is an Employee of a Subsidiary, the first day on which the Company no longer owns, directly or indirectly, Voting Securities
possessing at least 50% of the Voting Power of such Subsidiary. For purposes of the Plan, transfer of employment of a Participant between the </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>5</FONT></P>

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<P><FONT SIZE=2>
Company and any one of its Subsidiaries (or between Subsidiaries) shall not be deemed a termination of employment. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.44&nbsp;</FONT><FONT
SIZE=2><I>Unrestricted Stock</I></FONT><FONT SIZE=2> means an Award of Stock not subject to restrictions described in Article&nbsp;8 herein. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.45&nbsp;</FONT><FONT
SIZE=2><I>Voting Power</I></FONT><FONT SIZE=2> means the combined voting power of the then-outstanding Voting Securities entitled to vote
generally in the election of directors. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.46&nbsp;</FONT><FONT
SIZE=2><I>Voting Securities</I></FONT><FONT SIZE=2> of a corporation means securities of such corporation that are entitled to vote generally in the
election of directors of such corporation. </FONT></P>

<P><FONT SIZE=2><A
NAME="kc3805_article_3._administration"> </A>
<A NAME="toc_kc3805_3"> </A>
<BR></FONT><FONT SIZE=2><B>Article&nbsp;3.&nbsp;&nbsp;Administration    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;3.1</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;The Committee.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;The Plan shall be administered by the Compensation and Succession Committee or such
other committee (the "Committee") as the Board of Directors shall select, consisting solely of two or more nonemployee members of the Board. The members of the Committee shall be appointed from time
to time by, and shall serve at the discretion of, the Board of Directors. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;3.2</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Authority of the Committee.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;The Committee shall have full power except as limited by law, the
Articles of Incorporation or the Bylaws of the Company, subject to such other restricting limitations or directions as may be imposed by the Board and subject to the provisions herein, to determine
the Eligible Persons to receive Awards; to determine when Awards may be granted and to grant Awards under the Plan (which may include substituted Awards as described in Article&nbsp;17 herein); to
determine the size and types of Awards; to determine the terms and conditions of such Awards; to determine whether Performance Goals have been met; to construe and interpret the Plan and any agreement
or instrument entered into under the Plan; to establish, amend or waive rules and regulations for the Plan's administration; to amend the terms and conditions of any outstanding Award, including but
not limited to amendments with respect to exercisability and non-forfeitability of Awards upon a Termination of Employment; to make such adjustments or modifications to Awards to
Participants working outside the United States as are necessary or advisable to fulfill the purposes of the Plan; to accelerate the exercisability of, and to accelerate or waive any or all of the
restrictions and conditions applicable to, any Award; and to authorize any action of or make any determination by the Company as the Committee shall deem necessary or advisable for carrying out the
purposes of the Plan; </FONT><FONT SIZE=2><I>provided, however</I></FONT><FONT SIZE=2>, that the Committee may not amend the terms and conditions of any outstanding Award so as to adversely affect in
any material way such Award without the written consent of the Participant holding such Award (or if the Participant is not then living, the Participant's personal representative or estate), unless
such amendment is required by applicable law; and </FONT><FONT SIZE=2><I>provided, further</I></FONT><FONT SIZE=2>, that any discretion exercised by the Committee pursuant to section&nbsp;4.2 and
the following paragraph of this section&nbsp;3.2 shall not be deemed to adversely affect in any material way an Award. The Committee may designate which Subsidiaries participate in the Plan and may
authorize foreign Subsidiaries to </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>6</FONT></P>

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<P><FONT SIZE=2>
adopt plans as provided in Article&nbsp;14. Further, the Committee shall interpret and make all other determinations which may be necessary or advisable for the administration of the Plan. As
permitted by law, the Committee may delegate its authorities as identified hereunder. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The
Committee may, in its discretion, elect at any time, should it determine it is in the best interest of the Company's stockholders to cancel any Awards granted hereunder, to cancel
all or any of the Awards granted hereunder and pay the holders of any such Awards an amount (payable in such proportion as the Committee may determine in cash or in Stock (valued at the Fair Market
Value of a share of Stock on the date of cancellation of such Award)) equal to (i)&nbsp;for Options, the number of
shares of Stock subject to such cancelled Option, multiplied by the amount (if any) by which the Fair Market Value of Stock on the date of cancellation of the Option exceeds the Option Exercise Price;
(ii)&nbsp;for Restricted Stock or Performance Stock, the number of shares of Restricted Stock or Performance Stock multiplied by the Fair Market Value of Stock on the date of cancellation of the
Award; and (iii)&nbsp;for Restricted Stock Units or Performance Units, the number of units multiplied by an amount not less than the initial value thereof. Amounts payable may be prorated based upon
the number of months elapsed in any related vesting period or Performance Period, in the sole discretion of the Committee. In no event shall the Committee have the right to amend an outstanding Option
Award for the sole purpose of reducing the exercise price thereof. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;3.3</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Delivery of Stock by Company; Restrictions on Stock.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Notwithstanding any other provision of the
Plan, the Company shall have no liability to deliver any Stock or benefits under the Plan unless such delivery would comply with all applicable laws (including, without limitation, the Securities Act)
and applicable requirements of any securities exchange or similar entity and unless the Participant's tax obligations have been satisfied as set forth in Article&nbsp;16. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The
Committee may impose such restrictions on any Stock acquired pursuant to Awards under the Plan as it may deem advisable, including, without limitation, restrictions to comply with
applicable Federal securities laws, with the requirements of any stock exchange or market upon which such Stock is then listed and/or traded and with any blue sky or state securities laws applicable
to such Stock. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;3.4</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Decisions Binding.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;All determinations and decisions made by the Committee pursuant to the
provisions of the Plan and all related orders or resolutions of the Board shall be final, conclusive and binding on all persons, including the Company, its stockholders, Eligible Persons, Employees,
Participants and their estates. No member of the Committee shall be liable for any action or determination made in good faith with respect to the Plan or any Award. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;3.5</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Costs.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;The Company shall pay all costs of administration of the Plan. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>7</FONT></P>

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<P><FONT SIZE=2><A
NAME="kc3805_article_4._stock_subject_to_the_plan"> </A>
<A NAME="toc_kc3805_4"> </A>
<BR></FONT><FONT SIZE=2><B>Article&nbsp;4.&nbsp;&nbsp;Stock Subject to the Plan    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;4.1</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Number of Shares.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Subject to Section&nbsp;4.2 herein, the maximum number of shares of Stock
available for grant under the Plan shall be 37,000,000 plus any shares of Stock remaining available for awards pursuant to the terms of The Allstate Corporation Equity Incentive Plan. Shares of Stock
underlying lapsed or forfeited Awards, or Awards that are not paid in Stock, may be reused for other Awards; if the Option Exercise Price is satisfied by tendering Stock, only the number of shares
issued net of the shares tendered shall be deemed issued under the Plan. Stock granted pursuant to the Plan may be (i)&nbsp;authorized but unissued shares of common stock or (ii)&nbsp;treasury
stock. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;4.2</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Adjustments in Authorized Stock and Awards.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;In the event of any merger, reorganization,
consolidation, recapitalization, liquidation, stock dividend, split-up, spin-off, stock split, reverse stock split, share combination, share exchange or other change in the
corporate structure of the Company affecting the Stock, such adjustment shall be made in the number and class of shares of Stock which may be delivered under the Plan, and in the outstanding Awards
granted under the Plan, as may be determined to be appropriate and equitable by the Committee, in its sole discretion, to prevent dilution or enlargement of rights. Notwithstanding the foregoing,
(i)&nbsp;each such adjustment with respect to an Incentive Stock Option shall comply with the rules of Section&nbsp;424(a) of the Code and (ii)&nbsp;in no event shall any adjustment be made
which would render any Incentive Stock Option granted hereunder to be other than an incentive stock option for purposes of Section&nbsp;422 of the Code. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;4.3</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Award Limitations.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Subject to Section&nbsp;4.2 above, (i)&nbsp;the total number of shares of
Stock with respect to which Options or SARs may be granted in any calendar year to any Covered Employee shall not exceed 1,200,000 shares; (ii)&nbsp;the total number of shares of Qualified
Restricted Stock or Qualified Restricted Stock Units that may be granted in any calendar year to any Covered Employee shall not exceed 1,200,000 shares or Units, as the case may be; (iii)&nbsp;the
total number of shares of Performance Stock or Performance Units that may be granted in any calendar year to any Covered Employee shall not exceed 1,200,000 shares or Units, as the case may be;
(iv)&nbsp;the total number of shares of Stock that are intended to qualify for deduction under Section&nbsp;162(m) of the Code granted pursuant to Article&nbsp;10 herein in any calendar year to
any Covered Employee shall not exceed 1,200,000 shares; (v)&nbsp;the total cash Award that is intended to qualify for deduction under Section&nbsp;162(m) of the Code that may be paid pursuant to
Article&nbsp;10 herein in any calendar year to any Covered Employee shall not exceed $1,200,000; and (vi)&nbsp;the aggregate number of Dividend Equivalents that are intended to qualify for
deduction under Section&nbsp;162(m) of the Code that a Covered Employee may receive in any calendar year shall not exceed 4,800,000. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;No
more than an aggregate of 9,000,000 shares of Stock may be granted under Article&nbsp;8 (except in the form of Qualified Restricted Stock or Qualified Restricted Stock Units) and
Article&nbsp;10. The maximum number of shares of Stock that may be granted subject to Incentive Stock Options shall be 9,000,000 shares. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>8</FONT></P>

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<P><FONT SIZE=2><A
NAME="kc3805_article_5._eligibility_and_participation"> </A>
<A NAME="toc_kc3805_5"> </A>
<BR></FONT><FONT SIZE=2><B>Article&nbsp;5.&nbsp;&nbsp;Eligibility and Participation    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;5.1</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Eligibility.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Persons eligible to participate in the Plan ("Eligible Persons") include all key
Employees of the Company and its Subsidiaries, as determined by the Committee. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;5.2</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Actual Participation.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Subject to the provisions of the Plan, the Committee may, from time to time,
select from all Eligible Persons those to whom Awards shall be granted. </FONT></P>

<P><FONT SIZE=2><A
NAME="kc3805_article_6._stock_options"> </A>
<A NAME="toc_kc3805_6"> </A>
<BR></FONT><FONT SIZE=2><B>Article&nbsp;6.&nbsp;&nbsp;Stock Options    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;6.1</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Grant of Options.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Subject to the terms and conditions of the Plan, Options may be granted to an
Eligible Person at any time and from time to time, as shall be determined by the Committee. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The
Committee shall have complete discretion in determining the number of shares of Stock subject to Options granted to each Eligible Person (subject to Article&nbsp;4 herein) and,
consistent with the provisions of the Plan, in determining the terms and conditions pertaining to such Options. The Committee may grant ISOs, NQSOs or a combination thereof. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;6.2</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Option Award Agreement.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Each Option grant shall be evidenced by an Option Award Agreement that
shall specify the Option Exercise Price, the term of the Option (which shall not be greater than ten (10)&nbsp;years), the number of shares of Stock to which the Option pertains, the Exercise Period
and such other provisions as the Committee shall determine, including but not limited to special provisions relating to a change of control and any rights to Dividend Equivalents and Reload Options.
The Option Award Agreement shall also specify whether the Option is intended to be an ISO or NQSO. The Option Exercise Price shall not be less than 100% of the Fair Market Value of the Stock on the
date of grant. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;6.3</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Exercise of and Payment for Options.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Options granted under the Plan shall be exercisable at such
times and shall be subject to such restrictions and conditions as the Committee shall in each instance approve. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;A
Participant may exercise an Option at any time during the Exercise Period. Options shall be exercised by the delivery of a written notice of exercise to the Company, setting forth
the number of shares of Stock with respect to which the Option is to be exercised, accompanied by provision for full payment of the Stock. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The
Option Exercise Price shall be payable: (i)&nbsp;in cash or its equivalent, (ii)&nbsp;by tendering (by actual delivery of shares or by attestation) previously acquired Stock
(owned for at least six months) having an aggregate Fair Market Value at the time of exercise equal to the total Option Exercise Price, (iii)&nbsp;by broker-assisted cashless exercise or
(iv)&nbsp;by a combination of (i), (ii)&nbsp;and/or (iii). </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>9</FONT></P>

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<P><FONT SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;Options may not be exercised for less than 25 shares of Stock unless the exercise represents the entire remaining balance of the Award. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Stock
received upon exercise of an Option may be granted subject to any restrictions deemed appropriate by the Committee. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;6.4</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Reload Options.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;The Committee may provide in an Award Agreement that a Participant who exercises
all or any portion of an Option with Stock which has a Fair Market Value equal to not less than 100% of the Option Exercise Price for such Option shall be granted, subject to Article&nbsp;4, an
additional option ("Reload Option") for a number of shares of Stock equal to the sum ("Reload Number") of the number of shares of Stock tendered in payment of the Option Exercise Price for the Options
plus, if so provided by the Committee, the number of shares of Stock, if any, retained by the Company in connection with the exercise of the Options to satisfy any federal, state or local tax
withholding requirements. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Reload
Options shall be subject to the following terms and conditions: </FONT></P>

<UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;the
grant date for each Reload Option shall be the date of exercise of the Option to which it relates; </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;subject
to (iii)&nbsp;below, the Reload Option, upon vesting, may be exercised at any time during the unexpired term of the Option to which it relates (subject
to earlier termination thereof as provided in the Plan and in the applicable Award Agreement); and </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;the
terms of the Reload Option shall be the same as the terms of the Option to which it relates, except that (A)&nbsp;the Option Exercise Price shall be the
Fair Market Value of the Stock on the grant date of the Reload Option and (B)&nbsp;the Reload Option shall be subject to new vesting provisions, commencing one (1)&nbsp;year after the grant date
of the Reload Option and vesting upon the same schedule as the Option to which it relates. </FONT></P>

</UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Reload
Options may not be granted to Participants who exercise Options after a Termination of Employment. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Stock
subject to this Plan may be used for Reload Options granted under The Allstate Corporation Equity Incentive Plan. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;6.5</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Termination.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Each Option Award Agreement shall set forth the extent to which the Participant shall
have the right to exercise the Option following termination of the Participant's employment with the Company and its Subsidiaries. Such provisions shall be determined in the sole discretion of the
Committee (subject to applicable law), shall be included in the Option Award Agreement entered into with Participants, need not be uniform among all Options granted pursuant to the Plan or among
Participants and may reflect distinctions based on the reasons for termination. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>10</FONT></P>

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<P><FONT SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;To the extent the Option Award Agreement does not set forth termination provisions, the provisions of Article&nbsp;13 shall control. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;6.6</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Transferability of Options.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Except as otherwise determined by the Committee, all Options granted to
a Participant under the Plan shall be exercisable during his or her lifetime only by such Participant, and no Option granted under the Plan may be sold, transferred, pledged, assigned, or otherwise
alienated or hypothecated, other than by will or by the laws of descent and distribution. ISOs are not transferable other than by will or by the laws of descent and distribution. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The
Committee shall have the authority, in its discretion, to grant (or to sanction by way of amendment to an existing Award) Nonqualified Stock Options, the vested portions of which
may be transferred by the Participant during his lifetime to any Family Member. A transfer of an Option pursuant hereto may only be effected by the Company at the written request of a Participant and
shall become effective only when recorded in the Company's record of outstanding Options. In the event an Option is transferred as contemplated herein, any Reload Options associated with such
transferred Option shall terminate, and such transferred Option may not be subsequently transferred by the transferee except by will or the laws of descent and distribution. Otherwise, a transferred
Option shall continue to be governed by and subject to the terms and limitations of the Plan and the relevant Award Agreement, and the transferee shall be entitled to the same rights as the
Participant, as if no transfer had taken place. </FONT></P>

<P><FONT SIZE=2><B>Article&nbsp;7.&nbsp;&nbsp;Stock Appreciation Rights  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;7.1</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Grant of SARs.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Subject to the terms and conditions of the Plan, an SAR may be granted to an
Eligible Person at any time and from time to time as shall be determined by the Committee. The Committee may grant Freestanding SARs, Tandem SARs or any combination of these forms of SARs. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The
Committee shall have complete discretion in determining the number of SARs granted to each Eligible Person (subject to Article&nbsp;4 herein) and, consistent with the provisions
of the Plan, in determining the terms and conditions pertaining to such SARs. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;7.2</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;SAR Award Agreement.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Each SAR grant shall be evidenced by an SAR Award Agreement that shall specify
the number of SARs granted, the Base Value, the term of the SAR, the Exercise Period and such other provisions as the Committee shall determine, including but not limited to special provisions
relating to a change of control. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;7.3</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Exercise and Payment of SARs.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Tandem SARs may be exercised for all or part of the Stock subject to
the related Option upon the surrender of the right to exercise the equivalent portion of the related Option. A Tandem SAR may be exercised only with respect to the shares of Stock for which its
related Option is then exercisable. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>11</FONT></P>

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<P><FONT SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding any other provision of the Plan to the contrary, with respect to a Tandem SAR granted in connection with an ISO: (i)&nbsp;the Tandem SAR will expire no later than
the expiration of the underlying ISO; (ii)&nbsp;the value of the payout with respect to the Tandem SAR may be for no more than one hundred percent (100%) of the difference between the Option
Exercise Price of the underlying ISO and the Fair Market Value of the shares of Stock subject to the underlying ISO at the time the Tandem SAR is exercised; (iii)&nbsp;the Tandem SAR may be
exercised only when the Fair Market Value of the shares of Stock subject to the ISO exceeds the Option Exercise Price of the ISO; and (iv)&nbsp;the Tandem SAR may be transferred only when the
underlying ISO is transferable, and under the same conditions. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Freestanding
SARs may be exercised upon whatever terms and conditions the Committee, in its sole discretion, imposes upon them. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;A
Participant may exercise an SAR at any time during the Exercise Period. SARs shall be exercised by the delivery of a written notice of exercise to the Company, setting forth the
number of SARs being exercised. Upon exercise of an SAR, a Participant shall be entitled to receive payment from the Company in an amount equal to the product of: </FONT></P>

<UL>
<DL compact>
<DT><FONT SIZE=2>(a)</FONT></DT><DD><FONT SIZE=2>the
excess of (i)&nbsp;the Fair Market Value of a share of Stock on the date of exercise over (ii)&nbsp;the Base Value multiplied by
<BR><BR></FONT></DD><DT><FONT SIZE=2>(b)</FONT></DT><DD><FONT SIZE=2>the
number of shares of Stock with respect to which the SAR is exercised. </FONT></DD></DL>
</UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;At
the sole discretion of the Committee, the payment to the Participant upon SAR exercise may be in cash, in shares of Stock of equivalent value or in some combination thereof. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;7.4</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Termination.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Each SAR Award Agreement shall set forth the extent to which the Participant shall
have the right to exercise the SAR following termination of the Participant's employment with the Company and its Subsidiaries. Such provisions shall be determined in the sole discretion of the
Committee, shall be included in the SAR Award Agreement entered into with Participants, need not be uniform among all SARs granted pursuant to the Plan or among Participants and may reflect
distinctions based on the reasons for termination. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;To
the extent the SAR Award Agreement does not set forth termination provisions, the provisions of Article&nbsp;13 shall control. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;7.5</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Transferability of SARs.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Except as otherwise determined by the Committee, all SARs granted to a
Participant under the Plan shall be exercisable during his or her lifetime only by such Participant or his or her legal representative, and no SAR granted under the Plan may be sold, transferred,
pledged, assigned, or otherwise alienated or hypothecated, other than by will or by the laws of descent and distribution. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>12</FONT></P>

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<P><FONT SIZE=2><B>Article&nbsp;8.&nbsp;&nbsp;Unrestricted Stock, Restricted Stock and Restricted Stock Units  </B></FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;8.1</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Grant of Unrestricted Stock, Restricted Stock and Restricted Stock Units.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Subject to the terms and
conditions of the Plan, Unrestricted Stock, Restricted Stock and/or Restricted Stock Units may be granted to an Eligible Person at any time and from time to time, as shall be determined by the
Committee. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The
Committee shall have complete discretion in determining the number of shares of Unrestricted Stock, Restricted Stock and/or Restricted Stock Units granted to each Eligible Person
(subject to Article&nbsp;4 herein) and, consistent with the provisions of the Plan, in determining the terms and conditions pertaining to such Awards. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;In
addition, the Committee may, prior to or at the time of grant, designate an Award of Restricted Stock or Restricted Stock Units as Qualified Restricted Stock or Qualified
Restricted Stock Units, as the case may be, in which event it will condition the grant or vesting, as applicable, of such Qualified Restricted Stock or Qualified Restricted Stock Units, as the case
may be, upon the attainment of the Performance Goals selected by the Committee. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;8.2</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Unrestricted Stock, Restricted Stock/Restricted Stock Unit Award Agreement.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Each grant of
Unrestricted Stock, Restricted Stock and/or Restricted Stock Units shall be evidenced by an Award Agreement that shall specify the number of shares of Unrestricted Stock, Restricted Stock and/or
Restricted Stock Units granted, the initial value (if applicable), the Period or Periods of Restriction (if applicable), and such other provisions as the Committee shall determine, including but not
limited to special provisions relating to a change of control. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;8.3</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Transferability.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Restricted Stock and Restricted Stock Units granted hereunder may not be sold,
transferred, pledged, assigned, or otherwise alienated or hypothecated until the end of the applicable Period of Restriction established by the Committee and specified in the Award Agreement. During
the applicable Period of Restriction, all rights with respect to the Restricted Stock and Restricted Stock Units granted to a Participant under the Plan shall be available during his or her lifetime
only to such Participant or his or her legal representative. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;8.4</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Certificates.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;No certificates representing Stock shall be delivered to a Participant until such
time as all restrictions applicable to such shares have been satisfied. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;8.5</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Removal of Restrictions.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Restricted Stock shall become freely transferable by the Participant after
the last day of the Period of Restriction applicable thereto. Once Restricted Stock is released from the restrictions, the Participant shall be entitled to receive a certificate. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Payment
of Restricted Stock Units shall be made after the last day of the Period of Restriction applicable thereto. The Committee, in its sole discretion, may pay Restricted Stock
Units in cash or in shares of Stock of equivalent value (or in some combination thereof). </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>13</FONT></P>

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<P><FONT SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;8.6</FONT><FONT SIZE=2><I>&nbsp;&nbsp;Voting Rights.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;During the Period of Restriction, Participants may exercise full voting rights with
respect to the Restricted Stock. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;8.7</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Dividends and Other Distributions.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Subject to the Committee's right to determine otherwise at the
time of grant, during the Period of Restriction, Participants shall receive all regular cash dividends paid with respect to the Restricted Stock while they are so held. All other distributions paid
with respect to such Restricted Stock shall be credited to Participants subject to the same restrictions on transferability and forfeitability as the Restricted Stock with respect to which they were
paid and shall be paid to the Participant promptly after the full vesting of the Restricted Stock with respect to which such distributions were made. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Rights,
if any, to Dividend Equivalents on Restricted Stock Units shall be established by the Committee at the time of grant and set forth in the Award Agreement. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;8.8</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Termination.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Each Restricted Stock/Restricted Stock Unit Award Agreement shall set forth the extent
to which the Participant shall have the right to receive Restricted Stock and/or a Restricted Stock Unit payment following termination of the Participant's employment with the Company and its
Subsidiaries. Such provisions shall be determined in the sole discretion of the Committee, shall be included in the Award Agreement entered into with Participants, need not be uniform among all grants
of Restricted Stock/Restricted Stock Units or among Participants and may reflect distinctions based on the reasons for termination. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;To
the extent the Restricted Stock/Restricted Stock Unit Award Agreement does not set forth termination provisions, the provisions of Article&nbsp;13 shall control. </FONT></P>

<P><FONT SIZE=2><B>Article&nbsp;9.&nbsp;&nbsp;Performance Units and Performance Stock  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;9.1</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Grant of Performance Units and Performance Stock.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Subject to the terms and conditions of the Plan,
Performance Units and/or Performance Stock may be granted to an Eligible Person at any time and from time to time, as shall be determined by the Committee. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The
Committee shall have complete discretion in determining the number of Performance Units and/or shares of Performance Stock granted to each Eligible Person (subject to
Article&nbsp;4 herein) and, consistent with the provisions of the Plan, in determining the terms and conditions pertaining to such Awards. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;9.2</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Performance Unit/Performance Stock Award Agreement.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Each grant of Performance Units and/or shares
of Performance Stock shall be evidenced by a Performance Unit and/or Performance Stock Award Agreement that shall specify the number of Performance Units and/or shares of Performance Stock granted,
the initial value (if applicable), the Performance Period, the Performance Goals and such other provisions as the Committee shall determine, </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>14</FONT></P>

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<P><FONT SIZE=2>
including but not limited to special provisions relating to a change of control and any rights to Dividend Equivalents. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;9.3</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Value of Performance Units/Performance Stock.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Each Performance Unit shall have an initial value
that is established by the Committee at the time of grant. The value of a share of Performance Stock shall be equal to the Fair Market Value of the Stock. The Committee shall set Performance Goals in
its discretion which, depending on the extent to which they are met, will determine the number and/or value of Performance Units/Performance Stock that will be paid out to the Participants. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;9.4</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Earning of Performance Units/Performance Stock.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;After the applicable Performance Period has ended,
the Participant shall be entitled to receive a payout with respect to the Performance Units/Performance Stock earned by the Participant over the Performance Period, to be determined as a function of
the extent to which the corresponding Performance Goals have been achieved. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;9.5</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Form and Timing of Payment of Performance Units/Performance Stock.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Payment of earned Performance
Units/Performance Stock shall be made following the close of the applicable Performance Period. The Committee, in its sole discretion, may pay earned Performance Units/Performance Stock in cash or in
Stock (or in a combination thereof), which has an aggregate Fair Market Value equal to the value of the earned Performance Units/Performance Stock at the close of the applicable Performance Period.
Such Stock may be granted subject to any restrictions deemed appropriate by the Committee. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;9.6</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Termination.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Each Performance Unit/Performance Stock Award Agreement shall set forth the extent to
which the Participant shall have the right to receive a Performance Unit/Performance Stock payment following termination of the Participant's employment with the Company and its Subsidiaries during a
Performance Period. Such provisions shall be determined in the sole discretion of the Committee, shall be included in the Award Agreement entered into with Participants, need not be uniform among all
grants of Performance Units/Performance Stock or among Participants and may reflect distinctions based on reasons for termination. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;To
the extent the Performance Unit/Performance Stock Award Agreement does not set forth termination provisions, the provisions of Article&nbsp;13 shall control. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;9.7</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Transferability.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Except as otherwise determined by the Committee, a Participant's rights with
respect to Performance Units/Performance Stock granted under the Plan shall be available during the Participant's lifetime only to such Participant or the Participant's legal representative and
Performance Units/Performance Stock may not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated, other than by will or by the laws of descent and distribution. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>15</FONT></P>

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<P><FONT SIZE=2><B>Article&nbsp;10.&nbsp;&nbsp;Other Awards  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The Committee shall have the right to grant other Awards which may include, without limitation, the payment of Stock in lieu of cash, the payment of cash based
on attainment of Performance Goals established by the Committee and the payment of Stock in lieu of cash under other Company incentive or bonus programs. Payment under or settlement of any such Awards
shall be made in such manner and at such times as the Committee may determine. </FONT></P>

<P><FONT SIZE=2><B>Article&nbsp;11.&nbsp;&nbsp;Deferrals  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The Committee may, in its sole discretion, permit a Participant to defer the Participant's receipt of the payment of cash or the delivery of Stock that would
otherwise be due to such Participant under the Plan. If any such deferral election is permitted, the Committee shall, in its sole discretion, establish rules and procedures for such payment deferrals. </FONT></P>


<P><FONT SIZE=2><B>Article&nbsp;12.&nbsp;&nbsp;Rights of Participants  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;12.1</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Termination.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Nothing in the Plan shall interfere with or limit in any way the right of the Company
or any Subsidiary to terminate any Participant's employment or other relationship with the Company or any Subsidiary at any time, for any reason or no reason in the Company's or the Subsidiary's sole
discretion, nor confer upon any Participant any right to continue in the employ of, or otherwise in any relationship with, the Company or any Subsidiary. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;12.2</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Participation.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;No Eligible Person shall have the right to be selected to receive an Award under
the Plan, or, having been so selected, to be selected to receive a future Award. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;12.3</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Limitation of Implied Rights.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Neither a Participant nor any other Person shall, by reason of the
Plan, acquire any right in or title to any assets, funds or property of the Company or any Subsidiary whatsoever, including, without limitation, any specific funds, assets or other property which the
Company or any Subsidiary, in their sole discretion, may set aside in anticipation of a liability under the Plan. A Participant shall have only a contractual right to the Stock or amounts, if any,
payable
under the Plan, unsecured by any assets of the Company or any Subsidiary. Nothing contained in the Plan shall constitute a guarantee that the assets of such companies shall be sufficient to pay any
benefits to any Person. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Except
as otherwise provided in the Plan, no Award under the Plan shall confer upon the holder thereof any right as a stockholder of the Company prior to the date on which the
individual fulfills all conditions for receipt of such rights. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;12.4</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Waiver.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Each Participant, by acceptance of an Award, waives all rights to specific performance or
injunctive or other equitable relief and acknowledges that he has an adequate remedy at law in the form of damages. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>16</FONT></P>

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<P><FONT SIZE=2><B>Article&nbsp;13.&nbsp;&nbsp;Termination of Employment  </B></FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;13.1</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Options.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;If a Participant has a Termination of Employment, then, unless otherwise provided by the
Committee or in the Award Agreement, the following provisions shall apply: </FONT></P>

<UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;if
the Participant's Termination of Employment is on account of death or Disability, then all outstanding Options, to the extent not vested, shall vest, and all
outstanding Options may be exercised, in whole or in part, by the Participant (or his personal representative, estate or transferee, as the case may be) at any time on or before the earlier to occur
of (x)&nbsp;the Expiration Date of the Option and (y)&nbsp;the second anniversary of the date of such Termination of Employment; </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;if
the Participant's Termination of Employment is on account of Retirement at the Normal Retirement Date or Health Retirement Date, unvested Options shall continue
to vest in accordance with their terms, and all outstanding Options, when vested, may be exercised, in whole or in part, by the Participant at any time on or before the earlier to occur of
(x)&nbsp;the Expiration Date of the Option and (y)&nbsp;the fifth anniversary of the date of such Termination of Employment; </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;if
the Participant's Termination of Employment is on account of Retirement at the Early Retirement Date, unvested Options shall be forfeited, and Options, to the
extent they are vested on the date of Termination of Employment, may be exercised, in whole or in part, by the Participant at any time on or before the earlier to occur of (x)&nbsp;the Expiration
Date of the Option and (y)&nbsp;the fifth anniversary of the date of such Termination of Employment; </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(iv)&nbsp;if
the Participant's Termination of Employment is for any other reason, unvested Options shall be forfeited, and Options, to the extent they are vested on the date
of Termination of Employment, may be exercised, in whole or in part, by the Participant at any time on or before the earlier to occur of
(x)&nbsp;the Expiration Date of the Option and (y)&nbsp;three months after the date of such Termination of Employment; and </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(v)&nbsp;if
(A)&nbsp;the Participant's Termination of Employment is for any reason other than death and (B)&nbsp;the Participant dies after such Termination of
Employment but before the date the Options must be exercised as set forth in the preceding subsections, unvested Options shall be forfeited and any Options, to the extent they are vested on the date
of the Participant's death, may be exercised, in whole or in part, by the Participant's personal representative, estate or transferee, as the case may be, at any time on or before the earliest to
occur of (x)&nbsp;the Expiration Date of the Option, (y)&nbsp;the second anniversary of the date of death and (z)&nbsp;the applicable anniversary of the Termination of Employment as set forth in
subsections (i)&nbsp;through (iv)&nbsp;above. </FONT></P>

</UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Reload
Options may not be granted after a Termination of Employment. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>17</FONT></P>

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<P><FONT SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;13.2</FONT><FONT SIZE=2><I>&nbsp;&nbsp;Other Awards.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;If a Participant has a Termination of Employment, then, unless otherwise provided by
the Committee or in the Award Agreement, all Awards other than Options shall terminate and be forfeited on the date of such Termination of Employment. </FONT></P>

<P><FONT SIZE=2><B>Article&nbsp;14.&nbsp;&nbsp;Equity Incentive Plans of Foreign Subsidiaries  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The Committee may authorize any foreign Subsidiary to adopt a plan for granting Awards ("Foreign Equity Incentive Plan") and awards granted under such Foreign
Equity Incentive Plans may be treated as grants under the Plan, if the Committee so determines. Such Foreign Equity Incentive Plans shall have such terms and provisions as the Committee permits not
inconsistent with the provisions of the Plan and which may be more restrictive than those contained in the Plan. Awards granted under such Foreign Equity Incentive Plans shall be governed by the terms
of the Plan except to the extent that the provisions of the Foreign Equity Incentive Plans are more restrictive than the terms of the Plan, in which case such terms of the Foreign Equity Incentive
Plans shall control. </FONT></P>

<P><FONT SIZE=2><B>Article&nbsp;15.&nbsp;&nbsp;Amendment, Modification and Termination  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The Board may, at any time and from time to time, alter, amend, suspend or terminate the Plan in whole or in part, without the approval of the stockholders of
the Company, except as stockholder approval may be required (i)&nbsp;to permit the Company to deduct, in computing its income tax liability pursuant to the provisions of the Code, compensation
resulting from Awards, (ii)&nbsp;to retain incentive stock option treatment under Section&nbsp;422 of the Code or (iii)&nbsp;under the listing requirements of any securities exchange on which
are listed any of the Company's equity securities. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;No
termination, amendment or modification of the Plan shall adversely affect in any material way any Award previously granted under the Plan, without the written consent of the
Participant holding such
Award, unless such termination, modification or amendment is required by applicable law and except as otherwise provided herein. </FONT></P>


<P><FONT SIZE=2><B>Article&nbsp;16.&nbsp;&nbsp;Payment for Awards and Withholding  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;16.1</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Payment for Awards.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;In the event a Participant elects to pay the Option Exercise Price or make
payment for any other Award through tender of previously acquired Stock, (i)&nbsp;only a whole number of share(s) of Stock (and not fractional shares of Stock) may be tendered in payment,
(ii)&nbsp;such Participant must present evidence acceptable to the Company that he has owned any such shares of Stock tendered in payment (and that such shares of Stock tendered have not been
subject to any substantial risk of forfeiture) for at least six months prior to the date of exercise and (iii)&nbsp;Stock must be tendered to the Company, either by actual delivery of the shares or
by attestation. When payment is made by tender of Stock, the difference, if any, between the </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>18</FONT></P>

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<P><FONT SIZE=2>
aggregate amount payable and the Fair Market Value of the share(s) of Stock tendered in payment (plus any applicable taxes) shall be paid by check. No Participant may tender shares of Stock having a
Fair Market Value exceeding the aggregate Option Exercise Price or other payment due. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;16.2</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Loans and Guarantees.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;The Committee may, in its discretion: </FONT></P>

<UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;allow
a Participant to defer payment to the Company of all or any portion of (x)&nbsp;the Option Exercise Price of any option or (y)&nbsp;any taxes associated
with a benefit hereunder which is not a cash benefit at the time such benefit is so taxable, or </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;cause
the Company to guarantee a loan from a third party to the Participant, in an amount equal to all or any portion of such Option Exercise Price or any related
taxes. </FONT></P>

</UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Any
such payment deferral or guarantee by the Company pursuant to this section shall be on a secured or unsecured basis, for such periods, at such interest rates, and on such other
terms and conditions as the Committee may determine. Notwithstanding the foregoing, a Participant shall not be entitled to defer the payment of such Option Exercise Price or any related taxes unless
the Participant (x)&nbsp;enters into a binding obligation to pay the deferred amount and (y)&nbsp;except with respect to treasury stock, pays upon exercise of an Option an amount equal to or
greater than the aggregate Minimum Consideration therefor. If the Committee has permitted a payment deferral or caused the Company to guarantee a loan pursuant to this section, then the Committee may,
in its discretion, require the immediate payment of such deferred amount or the immediate release of such guarantee upon the Participant's Termination of Employment or if the Participant sells or
otherwise transfers the Participant's shares of Stock purchased pursuant to such deferral or guarantee. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;16.3</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Notification under Section&nbsp;83(b).</I></FONT><FONT SIZE=2>&nbsp;&nbsp;The Committee may, on the grant date or any later date,
prohibit a Participant from making the election described below. If the Committee has not prohibited such Participant from making such election, and the Participant shall, in connection with the
exercise of any Option, or the grant of any share of Restricted Stock, make the election permitted under Section&nbsp;83(b) of the Code (i.e., an election to include in such Participant's gross
income in the year of transfer the amounts specified in Section&nbsp;83(b) of the Code), such Participant shall notify the Company of such election within 10&nbsp;days of filing notice of the
election with the Internal Revenue Service, in addition to any filing and notification required pursuant to regulations issued under the authority of Section&nbsp;83(b) of the Code. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;16.4</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Tax Withholding.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;The Company shall have the power and the right to deduct or withhold, or require
a Participant to remit to the Company, an amount (including any Stock withheld as provided below) sufficient to satisfy Federal, state and local taxes (including the Participant's FICA obligation)
required by law to be withheld with respect to an Award made under the Plan. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>19</FONT></P>

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<P><FONT SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;16.5</FONT><FONT SIZE=2><I>&nbsp;&nbsp;Stock Withholding.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;With respect to tax withholding required upon the exercise of Options or SARs,
upon the lapse of restrictions on Restricted Stock, or upon any other taxable event arising out of or as a result of Awards granted hereunder, Participants may elect to satisfy the withholding
requirement, in whole or in part, by tendering Stock held by the Participant (by actual delivery of the shares or by attestation) or by having the Company withhold Stock having a Fair Market Value
equal to the minimum statutory total tax which could be imposed on the transaction. All elections shall be irrevocable, made in writing and signed by the Participant. </FONT></P>

<P><FONT SIZE=2><B>Article&nbsp;17.&nbsp;&nbsp;Substituted Awards  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The Committee may grant substituted awards for any cancelled Award granted under this Plan or any plan of any entity acquired by the Company or any of its
Subsidiaries in accordance with this Article. If the Committee cancels any Award (granted under this Plan, or any plan of any entity acquired by the Company or any of its Subsidiaries), and a new
Award is substituted therefor, then the Committee may, in its discretion, determine the terms and conditions of such new Award provided that, subject to Section&nbsp;4.2, if the Award is an Option,
the Option Exercise Price for the substituted Award shall not be less than the Option Exercise Price of the cancelled Award, and may provide that the grant date of the cancelled Award shall be the
date used to determine the earliest date or dates for exercising or vesting the new substituted Award so that the Participant may exercise the substituted Award, or the substituted Award may vest, at
the same time as if the Participant had held the substituted Award since the grant date of the cancelled Award. </FONT></P>


<P><FONT SIZE=2><B>Article&nbsp;18.&nbsp;&nbsp;Successors  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;All obligations of the Company under the Plan, with respect to Awards granted hereunder, shall be binding on any successor to the Company, whether the
existence of such successor is the result of a direct or indirect purchase, merger, consolidation or otherwise of all or substantially all of the business and/or assets of the Company. </FONT></P>

<P><FONT SIZE=2><B>Article&nbsp;19.&nbsp;&nbsp;Legal Construction  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;19.1</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Gender and Number.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Except where otherwise indicated by the context, any masculine term used herein
also shall include the feminine, the plural shall include the singular and the singular shall include the plural. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;19.2</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Severability.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;In the event any provision of the Plan shall be held illegal or invalid for any
reason, the illegality or invalidity shall not affect the remaining parts of the Plan, and the Plan shall be construed and enforced as if the illegal or invalid provision had not been included. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;19.3</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;Requirements of Law.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;The granting of Awards and the issuance of Stock under the Plan shall be
subject to all applicable laws, rules and regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>20</FONT></P>

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<P><FONT SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;19.4</FONT><FONT SIZE=2><I>&nbsp;&nbsp;Governing Law.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;To the extent not preempted by Federal law, the Plan, and all agreements hereunder,
shall be construed in accordance with, and governed by, the laws of the State of Delaware, except with regard to conflicts of law provisions. </FONT></P>

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