AMB PROPERTY CORP
EXHIBIT 10.2
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>5
<FILENAME>f24004exv10w2.htm
<DESCRIPTION>EXHIBIT 10.2
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<DIV align="right" style="font-size: 10pt; margin-top: 12pt">Exhibit&nbsp;10.2
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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>AMENDED AND RESTATED<BR>
AMB NONQUALIFIED DEFERRED COMPENSATION PLAN</B>
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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Effective September&nbsp;1, 2002</B>
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<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><FONT style="font-variant: SMALL-CAPS"><B>TABLE OF CONTENTS</B></FONT>
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    <TD><DIV style="margin-left:15px; text-indent:-15px">PURPOSE</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1</TD>
    <TD>&nbsp;</TD>
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    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
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<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 1. DEFINITIONS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1</TD>
    <TD>&nbsp;</TD>
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    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
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<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.1 &#147;Account Balance&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.2
&#147;Accounts&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.3 &#147;Administrator&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.4 &#147;Annual Bonus&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.5 &#147;Annual Company Contribution Amount&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.6 &#147;Annual Company Matching Amount&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.7 &#147;Annual Deferral Amount&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.8 &#147;Annual In</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.9 &#147;Base Annual Salary&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.10 &#147;Beneficiary&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.11 &#147;Beneficiary Designation Form&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.12 &#147;Board&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.13 A &#147;Change in Control&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.14 &#147;Change of Control Benefit&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.15 &#147;Claimant&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.16 &#147;Code&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.17 &#147;Committee&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.18 &#147;Company&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.19 &#147;Company Contribution Account&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.20 &#147;Company Matching Account&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.21 &#147;Deduction Limitation&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.22 &#147;Deferral Account&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.23 &#147;Director&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.24 &#147;Directors Fees&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.25 &#147;Disability&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.26 &#147;Disability Benefit&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.27 &#147;Election Form&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
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    <TD><DIV style="margin-left:30px; text-indent:-15px">1.28 &#147;Eligible Stock Option&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
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    <TD><DIV style="margin-left:30px; text-indent:-15px">1.29 &#147;Employee&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.30 &#147;Employer(s)&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.31 &#147;ERISA&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.32 &#147;Equity Plan&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.33 &#147;Exchange Act&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.34 &#147;Exercise Date&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
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<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.35 &#147;Fair Market Value&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.36 &#147;First Plan Year&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.37 &#147;Fixed Date Payout&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.38 &#147;Fixed Date Payout Account Balance&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.39 &#147;401(k) Plan&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.40 &#147;Measurement Fund&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.41 &#147;Non-Employee Director&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.42 &#147;Officer&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.43 &#147;Participant&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.44 &#147;Partnership&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.45 &#147;Plan&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.46 &#147;Plan Year&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.47 &#147;Pre-Retirement Survivor Benefit&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6</TD>
    <TD>&nbsp;</TD>
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    <TD><DIV style="margin-left:30px; text-indent:-15px">1.48 &#147;Quarterly Installment Method&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.49 &#147;Restricted Stock&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.50 &#147;Restricted Stock Account&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.51 &#147;Restricted Stock Amount&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.52 &#147;Retirement&#148;, &#147;Retire(s)&#148; or &#147;Retired&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.53 &#147;Retirement Benefit&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.54 &#147;Rule&nbsp;16b-3&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.55 &#147;Securities Act&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.56 &#147;Semi-Annual Installment Method&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.57 &#147;Stock&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.58 &#147;Stock-for-Stock Exercise&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.59 &#147;Stock Option Account&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.60 &#147;Stock Option Amount&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.61 &#147;Stock Option Gain&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.62 &#147;Stock Unit&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.63 &#147;Termination Benefit&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.64 &#147;Termination of Employment&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.65 &#147;Trust&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.66 &#147;Unforeseeable Financial Emergency&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.67 &#147;Vesting Date&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">1.68 &#147;Years of Service&#148;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 2. SELECTION, ENROLLMENT, ELIGIBILITY</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8</TD>
    <TD>&nbsp;</TD>
</TR>
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    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">2.1 Selection by Administrator</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">2.2 Enrollment Requirements</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">2.3 Eligibility; Commencement of Participation</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">2.4 Termination of Participation and/or Deferrals</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 3. DEFERRAL COMMITMENTS/COMPANY CONTRIBUTIONS/CREDITING/TAXES</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">3.1 Election to Defer; Effect of Election Form</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">3.2 Minimum Deferrals</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">3.3 Maximum Deferral</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">3.4 Accounts; Crediting of Deferrals</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">3.5 Vesting</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">3.6 Earnings Credits or Losses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">3.7 Distributions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 4. DISTRIBUTIONS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">4.1 Fixed Date Payout</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">4.2 Retirement Benefit</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">4.3 Pre-Retirement Survivor Benefit</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">4.4 Termination Benefit</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">4.5 Change of Control Benefit</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">4.6 Disability Benefit</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">4.7 Stock Distributions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 5. UNFORESEEABLE FINANCIAL EMERGENCIES; WITHDRAWAL ELECTION</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">5.1 Withdrawal Payout/Suspensions for Unforeseeable Financial Emergencies</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">5.2 Withdrawal Election</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 6. BENEFICIARY DESIGNATION</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">6.1 Beneficiary</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->-ii-<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000">Page</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">6.2 Beneficiary Designation; Change; Spousal Consent</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">6.3 Acknowledgment</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">6.4 No Beneficiary Designation</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">6.5 Doubt as to Beneficiary</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">6.6 Discharge of Obligations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 7. LEAVE OF ABSENCE</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">7.1 Paid Leave of Absence</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">7.2 Unpaid Leave of Absence</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 8. TERMINATION, AMENDMENT OR MODIFICATION</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">18</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">8.1 Termination</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">18</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">8.2 Amendment</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">18</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">8.3 Effect of Payment</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">18</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 9. ADMINISTRATION</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">18</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">9.1 Administrator Duties</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">18</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">9.2 Binding Effect of Decisions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">9.3 Committee</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">9.4 Indemnification</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">9.5 Employer Information</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 10. CLAIMS PROCEDURES</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">10.1 Presentation of Claim</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">10.2 Notification of Decision</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">10.3 Review of a Denied Claim</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">10.4 Decision on Review</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">10.5 Designation</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">21</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">10.6 Arbitration</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">21</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 11. TRUST</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">21</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">11.1 Establishment of the Trust</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">21</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">11.2 Interrelationship of the Plan and the Trust</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">21</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">11.3 Investment of Trust Assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">21</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">11.4 Distributions From the Trust</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">22</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">11.5 Limitations on Stock Distributed from the Trust</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">22</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 12. PROVISIONS RELATING TO SECURITIES LAWS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">22</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">12.1 Designation of Participants</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">22</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">12.2 Action by Committee</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">22</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">12.3 Compliance with Section&nbsp;16</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">22</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 13.
CERTAIN CORPORATE EVENTS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">23</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 14. MISCELLANEOUS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">23</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">14.1 Status of Plan</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">23</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">14.2 Unsecured General Creditor</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">24</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">14.3 Employer&#146;s Liability</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">24</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">14.4 Nonassignability</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">24</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">14.5 Sources of Stock</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">24</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">14.6 Tax Withholding</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">24</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">14.7 Coordination with Other Benefits</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">25</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">14.8 Compliance</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">25</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">14.9 Not a Contract of Employment</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">25</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">14.10 Furnishing Information</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">25</TD>
    <TD>&nbsp;</TD>
</TR>
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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000">Page</TD>
    <TD>&nbsp;</TD>
</TR>

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<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">14.11 Governing Law</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">25</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">14.12 Notice</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">25</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">14.13 Successors</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">26</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">14.14 Spouse&#146;s Interest</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">26</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">14.15 Validity</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">26</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">14.16 Incompetent</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">26</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">14.17 Court Order</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">26</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">14.18 Distribution in the Event of Taxation</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">26</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">14.19 Insurance</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">26</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">14.20 Status of Company as a REIT</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">27</TD>
    <TD>&nbsp;</TD>
</TR>
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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><FONT style="font-variant: SMALL-CAPS"><B>AMENDED AND RESTATED </B></FONT>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-variant: SMALL-CAPS"><B>AMB NONQUALIFIED DEFERRED COMPENSATION PLAN</B></FONT>

</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-variant: SMALL-CAPS"><B>Effective September&nbsp;1, 2002</B></FONT>

</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-variant: SMALL-CAPS"><B>Purpose</B></FONT>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AMB Property Corporation, a Maryland corporation (the &#147;Company&#148;), established, effective
September&nbsp;1, 1999, the AMB Nonqualified Deferred Compensation Plan, as amended and restated
September&nbsp;1, 2002 (the &#147;Plan&#148;) for the benefit of a select group of management and highly
compensated Employees and Directors who contribute materially to the continued growth, development
and future business success of AMB Property, L.P., a Delaware limited partnership (the
&#147;Partnership&#148;), and the Company and its subsidiaries, if any, that sponsor this Plan. This Plan
shall be unfunded for tax purposes and for purposes of Title I of ERISA.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company and the Partnership hereby amend and restate the Plan effective October&nbsp;2, 2006,
as set forth herein. This restatement shall not diminish any Plan benefits currently accounted for
under the Plan as amended and restated effective September&nbsp;1, 2002, and to the extent necessary to
provide benefits to a Participant or Beneficiary under the Plan, this restatement shall not be
imposed.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;So that certain amounts deferred hereunder remain grandfathered under and exempt from Section
409A of the Code (as defined below) and for other reasons stated therein, the Company and the
Partnership have adopted that certain AMB 2005 Nonqualified Deferred Compensation Plan effective as
of January&nbsp;1, 2005 (the &#147;2005 Plan&#148;). All amounts deferred under the Plan that were earned and
vested as of December&nbsp;31, 2004, including any earnings and losses credited thereto, shall continue
to be subject to the terms of this Plan. All amounts deferred under the Plan that were not yet
earned and vested as of December&nbsp;31, 2004, including earnings and losses credited thereto, shall
not be subject to the terms of this Plan but instead, effective January&nbsp;1, 2005, such amounts shall
be subject to the terms of the 2005 Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Plan shall consist of two plans, one for the benefit of a select group of management and
highly compensated employees of the Employers as described in Sections&nbsp;201(2), 301(a)(3) and
401(a)(1) of ERISA, and one for the benefit of Non-Employee members of the boards of directors of
any Employer. To the extent required by law, the terms of this Plan applicable to Directors shall
also constitute a separate written plan document with its terms set forth in the applicable
portions of this Plan.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE 1.<BR>
DEFINITIONS
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As used within this document, the following words and phrases have the meanings described in
this Article&nbsp;1 unless a different meaning is required by the context. Some of the words and
phrases used in the Plan are not defined in this Article&nbsp;1, but for convenience, are defined as
they are introduced into the text. Words in the masculine gender shall be deemed to include the
feminine gender. Any headings used are included for ease of reference only and are not to be
construed so as to alter any of the terms of the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.1 &#147;<U>Account Balance</U>&#148; shall mean, with respect to a Participant, a credit on the
records of the Employer equal to the sum of (i)&nbsp;the Deferral Account balance, (ii)&nbsp;the vested
Company Contribution Account balance, (iii)&nbsp;the vested Company Matching Account balance, (iv)&nbsp;the
Stock Option Account balance and (v)&nbsp;the Restricted Stock Account balance. The Account Balance,
and each other specified account balance, shall be a bookkeeping entry only and shall be utilized
solely as a device for the measurement and
determination of the amounts to be paid to a Participant, or his or her designated
Beneficiary, pursuant to this Plan.
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2 &#147;<U>Accounts</U>&#148; of a Participant shall mean, as the context indicates, either or all of
his or her Deferral Account, Company Contribution Account, Company Matching Account, Stock Option
Account and Restricted Stock Account.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3 &#147;<U>Administrator</U>&#148; shall mean the Committee appointed pursuant to Article&nbsp;9 to
administer the Plan, or such other person or persons to whom the Committee has delegated its duties
pursuant to Article&nbsp;9.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.4 &#147;<U>Annual Bonus</U>&#148; shall mean any compensation, in addition to Base Annual Salary
relating to services performed during any calendar year, whether or not paid in such calendar year
or included on the Federal Income Tax Form W-2 for such calendar year, payable to a Participant as
an Employee under any Employer&#146;s annual bonus and cash incentive plans, excluding stock options and
restricted stock.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.5 &#147;<U>Annual Company Contribution Amount</U>&#148; shall mean, for any one Plan Year, the amount
determined in accordance with Section&nbsp;3.4(b).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.6 &#147;<U>Annual Company Matching Amount</U>&#148; for any one Plan Year shall be the amount
determined in accordance with Section&nbsp;3.4(c).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.7 &#147;<U>Annual Deferral Amount</U>&#148; shall mean that portion of a Participant&#146;s Base Annual
Salary, Annual Bonus and Directors Fees that a Participant elects to have, and is deferred, in
accordance with Article&nbsp;3, for any one Plan Year. In the event of a Participant&#146;s Retirement,
Disability, death or a Termination of Employment prior to the end of a Plan Year, such year&#146;s
Annual Deferral Amount shall be the actual amount withheld prior to such event.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.8 &#147;<U>Annual Installment Method</U>&#148; shall be an annual installment payment over the number
of years selected by the Participant in accordance with this Plan, calculated as follows: The
Account Balance of the Participant (or the Fixed Date Payout Account Balance, in the event of a
Fixed Date Payout) shall be calculated as of the close of business three business days prior to the
last business day of the fourth quarter. The annual installment shall be calculated by multiplying
this balance by a fraction, the numerator of which is one, and the denominator of which is the
remaining number of yearly payments due the Participant. By way of example, if the Participant
elects a ten year Annual Installment Method, the first payment shall be 1/10 of the Account Balance
(or the Fixed Date Payout Account Balance, in the event of a Fixed Date Payout), calculated as
described in this definition. The following year, the payment shall be 1/9 of the Account Balance
(or the Fixed Date Payout Account Balance, in the event of a Fixed Date Payout), calculated as
described in this definition. Each annual installment shall be paid on or as soon as practicable
after the last business day of the fourth quarter.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.9 &#147;<U>Base Annual Salary</U>&#148; shall mean the annual cash compensation relating to services
performed during any calendar year, whether or not paid in such calendar year or included on the
Federal Income Tax Form W-2 for such calendar year, excluding bonuses, commissions, overtime,
fringe benefits, stock options, relocation
expenses, incentive payments, non-monetary awards, directors fees and other fees, automobile
and other allowances paid to a Participant for employment services rendered (whether or not such
allowances are included in the Employee&#146;s gross income). Base Annual Salary shall be calculated
before reduction for compensation voluntarily deferred or contributed by the Participant pursuant
to all qualified or non-qualified plans of any Employer and shall be calculated to include amounts
not otherwise included in the Participant&#146;s gross income under Code Sections&nbsp;125, 132(f),
402(e)(3), 402(h), or 403(b) pursuant to plans established by any Employer; <I>provided</I>, <I>however</I>, that
all such amounts will be included in compensation only to the extent that, had there been no such
plan, the amount would have been payable in cash to the Employee.
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.10 &#147;<U>Beneficiary</U>&#148; shall mean one or more persons, trusts, estates or other entities,
designated in accordance with Article&nbsp;5, that are entitled to receive benefits under this Plan upon
the death of a Participant.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.11 &#147;<U>Beneficiary Designation Form</U>&#148; shall mean the form established from time to time
by the Administrator that a Participant completes, signs and returns to the Administrator to
designate one or more Beneficiaries.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.12 &#147;<U>Board</U>&#148; shall mean the board of directors of the Company.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13 A &#147;<U>Change in Control</U>&#148; shall be deemed to occur if
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the stockholders of the Company approve a plan of complete liquidation of
the Company or an agreement for the sale or disposition by the Company of all or
substantially all of the Company&#146;s assets, or the Company disposes of more than fifty
percent (50%) of its interest in AMB Property, L.P.;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) any &#147;person&#148; (as such term is used in Sections 13(d) and 14(d) of the
Exchange Act) is or becomes the &#147;beneficial owner&#148; (as defined in Rule&nbsp;13d-3 under the
Exchange Act), directly or indirectly, of securities of the Company representing forty
percent (40%) or more of the combined voting power of the Company&#146;s then outstanding
securities;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) during any period of two (2)&nbsp;consecutive years (not including any period
prior to the date of this Plan), individuals who at the beginning of such period constitute
the Board, and any new director (other than a director designated by a person who has
entered into an agreement with the Company to effect a transaction described in clauses (a),
(b)&nbsp;or (d)) whose election by the Board or nomination for election by the Company&#146;s
stockholders was approved by a vote of at least two-thirds (2/3) of the directors then still
in office who either were directors at the beginning of the period or whose election or
nomination for election was previously so approved, cease for any reason to constitute at
least a majority thereof; or
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) the stockholders of the Company approve a merger or consolidation of the
Company with any other corporation (or other entity), other than (A)&nbsp;a merger or
consolidation which would result in the voting securities of the Company outstanding
immediately prior thereto continuing to represent (either by remaining outstanding or by
being converted into voting securities of the surviving entity) more than fifty percent
(50%) of the combined voting power of the voting securities of the Company or such surviving
entity outstanding immediately after such
merger or consolidation or (B)&nbsp;where more than fifty percent (50%) of the directors of
the Company or the surviving entity after such merger or consolidation were directors of the
Company immediately before such merger or consolidation.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.14 &#147;<U>Change of Control Benefit</U>&#148; shall mean the benefit set forth in Section&nbsp;4.5.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15 &#147;<U>Claimant</U>&#148; shall have the meaning set forth in Section&nbsp;10.1.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16 &#147;<U>Code</U>&#148; shall mean the Internal Revenue Code of 1986, as it may be amended from
time to time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.17 &#147;<U>Committee</U>&#148; shall mean the Compensation Committee of the Board or another
committee or subcommittee of the Board appointed to administer the Plan pursuant to Article&nbsp;9.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.18 &#147;<U>Company</U>&#148; shall mean AMB Property Corporation, a Maryland corporation, and any
successor to all or substantially all of the Company&#146;s assets or business.
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.19 &#147;<U>Company Contribution Account</U>&#148; shall mean (i)&nbsp;the sum of all of a Participant&#146;s
Annual Company Contribution Amounts, plus (ii)&nbsp;amounts credited in accordance with all the
applicable crediting provisions of this Plan that relate to the Participant&#146;s Company Contribution
Account, less (iii)&nbsp;all distributions made to the Participant or his or her Beneficiary pursuant to
this Plan that relate to the Participant&#146;s Company Contribution Account.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20 &#147;<U>Company Matching Account</U>&#148; shall mean (i)&nbsp;the sum of all of a Participant&#146;s
Annual Company Matching Amounts, plus (ii)&nbsp;amounts credited in accordance with all the applicable
crediting provisions of this Plan that relate to the Participant&#146;s Company Matching Account, less
(iii)&nbsp;all distributions made to the Participant or his or her Beneficiary pursuant to this Plan
that relate to the Participant&#146;s Company Matching Account.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.21 &#147;<U>Deduction Limitation</U>&#148; shall mean the following described limitation on a benefit
that may otherwise be distributable pursuant to the provisions of this Plan. Except as otherwise
provided, this limitation shall be applied to all distributions that are &#147;subject to the Deduction
Limitation&#148; under this Plan. If an Employer determines in good faith prior to a Change in Control
that there is a reasonable likelihood that any compensation paid to a Participant for a taxable
year of the Employer would not be deductible by the Employer solely by reason of the limitation
under Code Section&nbsp;162(m), then to the extent deemed necessary by the Employer to ensure that the
entire amount of any distribution to the Participant pursuant to this Plan prior to the Change in
Control is deductible, the Employer may defer all or any portion of a distribution under this Plan.
Any amounts deferred pursuant to this limitation shall continue to be credited/debited with
additional amounts in accordance with Section&nbsp;3.11 below, even if such amount is being paid out in
installments. The amounts so deferred and amounts credited thereon shall be distributed to the
Participant or his or her Beneficiary (in the event of the Participant&#146;s death) at the earliest
possible date, as determined by the Employer in good faith, on which the deductibility of
compensation paid or payable to
the Participant for the taxable year of the Employer during which the distribution is made
will not be limited by Section&nbsp;162(m), or if earlier, the date that is thirteen (13)&nbsp;months
following a Change in Control. Notwithstanding anything to the contrary in this Plan, the
Deduction Limitation shall not apply to any distributions made after a Change in Control.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.22 &#147;<U>Deferral Account</U>&#148; shall mean (i)&nbsp;the sum of all of a Participant&#146;s Annual
Deferral Amounts, plus (ii)&nbsp;amounts credited in accordance with all the applicable crediting
provisions of this Plan that relate to the Participant&#146;s Deferral Account, less (iii)&nbsp;all
distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate
to his or her Deferral Account.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.23 &#147;<U>Director</U>&#148; shall mean any member of the board of directors of any Employer.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.24 &#147;<U>Directors Fees</U>&#148; shall mean the annual fees paid by any Employer, including
retainer fees and meetings fees, as compensation for serving on the board of directors.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25 &#147;<U>Disability</U>&#148; shall mean a physical or mental incapacity as a result of which a
Participant becomes unable to continue the proper performance of his or her duties as an employee
of his or her Employer for six consecutive calendar months or for shorter periods aggregating one
hundred eighty (180)&nbsp;business days in any twelve (12)&nbsp;month period, but only to the extent that
such definition does not violate the Americans with Disabilities Act. The existence of a
Disability shall be determined by the Administrator on the advice of a physician chosen by the
Administrator.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.26 &#147;<U>Disability Benefit</U>&#148; shall mean the benefit set forth in Section&nbsp;4.6.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.27 &#147;<U>Election Form</U>&#148; shall mean the form established from time to time by the
Administrator that a Participant completes, signs and returns to the Administrator to make an
election under the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.28 &#147;<U>Eligible Stock Option</U>&#148; shall mean one or more non-qualified stock option(s)
selected by the Administrator in its sole discretion and exercisable under an Equity Plan.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.29 &#147;<U>Employee</U>&#148; shall mean a person who is an employee of any Employer.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.30 &#147;<U>Employer(s)</U>&#148; shall initially mean AMB Property, L.P., but shall also include the
Company and/or any of its subsidiaries (now in existence or hereafter formed or acquired) that have
been selected by the Board to participate in the Plan and have adopted the Plan as a sponsor.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.31 &#147;<U>ERISA</U>&#148; shall mean the Employee Retirement Income Security Act of 1974, as it may be amended from time
to time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.32 &#147;<U>Equity Plan</U>&#148; shall mean any stock option or other incentive compensation plan
which is maintained by the Company or AMB Property, L. P. and which provides for grants of stock
options and/or restricted stock.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.33 &#147;<U>Exchange Act</U>&#148; shall mean the Securities Exchange Act of 1934, as amended.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.34 &#147;<U>Exercise Date</U>&#148; shall mean, with respect to an Eligible Stock Option, the date on
which the Participant exercises such Eligible Stock Option.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.35 &#147;<U>Fair Market Value</U>&#148; of a share of Stock as of a given date shall be (a)&nbsp;the
closing price of a share of Stock on the principal exchange on which shares of Stock are then
trading, if any (or as reported on any composite index which includes such principal exchange), on
such date, or if shares were not traded on such date, then on the next preceding date on which a
trade occurred, or (b)&nbsp;if Stock is not traded on an exchange but is quoted on NASDAQ or a successor
quotation system, the mean between the closing representative bid and asked prices for the Stock on
such date as reported by NASDAQ or such successor quotation system; or (c)&nbsp;if Stock is not publicly
traded on an exchange and not quoted on NASDAQ or a successor quotation system, the Fair Market
Value of a share of Stock as established by the Administrator acting in good faith. In determining
the Fair Market Value of the Stock, the Administrator may rely on the closing price as reported in
the New York Stock Exchange composite transactions published in the Western Edition of the Wall
Street Journal.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.36 &#147;<U>First Plan Year</U>&#148; shall mean the period beginning September&nbsp;1, 2002 and ending
December&nbsp;31, 2002.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.37 &#147;<U>Fixed Date Payout</U>&#148; shall mean the payout set forth in Section&nbsp;4.1.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.38 &#147;<U>Fixed Date Payout Account Balance</U>&#148; shall mean, with respect to a Participant, a
credit on the records of the Employer equal to the sum of (i)&nbsp;the amount deferred by the
Participant pursuant to an Election Form and with respect to which a Fixed Date Payout was elected,
plus (ii)&nbsp;amounts credited or debited in the manner provided in Section&nbsp;3.6 on such amount. The
Fixed Date Payout Account Balance shall be a bookkeeping entry only and shall be utilized solely as
a device for the measurement and determination of the amounts to be paid to a Participant, or his
or her designated Beneficiary, pursuant to this Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.39 &#147;<U>401(k) Plan</U>&#148; shall mean that certain AMB Property, L.P. Savings and Retirement
Plan, effective October&nbsp;1, 1983, adopted by the Company.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.40 &#147;<U>Measurement Fund</U>&#148; shall mean the investment fund or funds selected by the
Administrator from time to time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.41 &#147;<U>Non-Employee Director</U>&#148; shall mean a Director who is not an Employee of the
Company.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.42 &#147;<U>Officer</U>&#148; shall mean a person who is an officer of the Company within the meaning
of Section&nbsp;16 of the Exchange Act and the rules and regulations promulgated thereunder.
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.43 &#147;<U>Participant</U>&#148; shall mean any Employee or Director (i)&nbsp;who is selected to
participate in the Plan, (ii)&nbsp;who elects to participate in the Plan, (iii)&nbsp;who signs an Election
Form and a Beneficiary Designation Form, (iv)&nbsp;whose signed Election Form and Beneficiary
Designation Form are accepted by the Administrator, and (v)&nbsp;who commences participation in the
Plan. A spouse or former spouse of a Participant shall not be treated as a Participant in the Plan
or have an account balance under the Plan, even if he or she has an interest in the Participant&#146;s
benefits under the Plan as a result of applicable law or property settlements resulting from legal
separation or divorce.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.44 &#147;<U>Partnership</U>&#148; shall mean AMB Property, L.P., a Delaware limited partnership, and
any successor to all or substantially all of the Partnership&#146;s assets or business.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.45 &#147;<U>Plan</U>&#148; shall mean the Amended and Restated AMB Nonqualified Deferred Compensation
Plan, which shall be evidenced by this instrument, as amended from time to time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.46 &#147;<U>Plan Year</U>&#148; shall, except for the First Plan Year, mean a period beginning on
January 1 of each calendar year and continuing through December&nbsp;31 of such calendar year.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.47 &#147;<U>Pre-Retirement Survivor Benefit</U>&#148; shall mean the benefit set forth in Section
4.3.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.48 &#147;<U>Quarterly Installment Method</U>&#148; shall be a quarterly installment payment over the
number of quarters selected by the Participant in accordance with this Plan, calculated as follows:
The Account Balance of the Participant (or the Fixed Date Payout Account Balance, in the event of a
Fixed Date Payout) shall be calculated as of the close of business three business days prior to the
last business day of the quarter. The quarterly installment shall be calculated by multiplying
this balance by a fraction, the numerator of which is one, and the denominator of which is the
remaining number of quarterly payments due the Participant. By way of example, if the Participant
elects a twenty (20)&nbsp;quarter Quarterly Installment Method, the first payment shall be 1/20 of the
Account Balance (or the Fixed Date Payout Account Balance, in the event of a Fixed Date Payout),
calculated as described in this definition. The following quarter, the payment shall be 1/19 of
the Account Balance (or the Fixed Date Payout Account Balance, in the event of a Fixed Date
Payout), calculated as described in this definition. Each quarterly installment shall be paid on
or as soon as practicable after the last business day of the applicable quarter.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.49 &#147;<U>Restricted Stock</U>&#148; shall mean unvested shares of restricted Stock which are or
have been awarded to a Participant under an Equity Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50 &#147;<U>Restricted Stock Account</U>&#148; shall mean (i)&nbsp;the sum of the Participant&#146;s Restricted
Stock Amounts, plus (ii)&nbsp;amounts credited/debited in accordance with all the applicable
crediting/debiting provisions of this Plan that relate to the Participant&#146;s Restricted Stock
Account, less (iii)&nbsp;all distributions made to the Participant or his or
her Beneficiary pursuant to this Plan that relate to the Participant&#146;s Restricted Stock
Account. The Restricted Stock Account balance shall be denominated in Stock Units.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.51 &#147;<U>Restricted Stock Amount</U>&#148; shall mean, for any grant of Restricted Stock, the
amount of such Restricted Stock deferred in accordance with Section&nbsp;3.1(c) of this Plan, calculated
using the Fair Market Value of a share of Stock on day on which such Restricted Stock would
otherwise vest, but for the election to defer.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.52 &#147;<U>Retirement</U>&#148;, &#147;<U>Retire(s)</U>&#148; or &#147;<U>Retired</U>&#148; shall mean, with respect
to an Employee, severance from employment from all Employers, and with respect to a Director who is
not an Employee, severance of his or her directorships with all Employers, for any reason other
than a leave of absence, death or Disability on or after the earlier of the attainment of (a)&nbsp;age
sixty-five (65)&nbsp;or (b)&nbsp;a combined age and Years of Service equaling at least fifty-five (55)&nbsp;with a
minimum of ten (10)&nbsp;Years of Service. If a Participant is both an Employee and a Director,
Retirement shall not occur until he or she Retires as both an Employee and a Director; <I>provided</I>,
<I>however</I>, that such a Participant may elect, at least one (1)&nbsp;year prior to Retirement and in
accordance with the policies and procedures established by the Administrator,
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">to Retire for
purposes of this Plan at the time he or she Retires as an Employee, which Retirement shall be
deemed to be a Retirement as an Employee.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.53 &#147;<U>Retirement Benefit</U>&#148; shall mean the benefit set forth in Section&nbsp;4.2.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.54 &#147;<U>Rule&nbsp;16b-3</U>&#148; shall mean that certain Rule&nbsp;16b-3 under the Exchange Act, as such
Rule may be amended from time to time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.55 &#147;<U>Securities Act</U>&#148; shall mean the Securities Act of 1933, as amended.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.56 &#147;<U>Semi-Annual Installment Method</U>&#148; shall be a semi-annual installment payment over
the number of years selected by the Participant in accordance with this Plan, calculated as
follows: The Account Balance of the Participant (or the Fixed Date Payout Account Balance, in the
event of a Fixed Date Payout) shall be calculated as of the close of business three business days
prior to the last business day of the second and fourth quarters. The semi-annual installment shall
be calculated by multiplying this balance by a fraction, the numerator of which is one, and the
denominator of which is the remaining number of semi-annual payments due the Participant. By way of
example, if the Participant elects to be paid out by the Semi-Annual Installment Method over 10
years, the first payment shall be 1/20 of the Account Balance (or the Fixed Date Payout Account
Balance, in the event of a Fixed Date Payout), calculated as described in this definition. The
following payment, two quarters later, shall be 1/19 of the Account Balance (or the Fixed Date
Payout Account Balance, in the event of a Fixed Date Payout), calculated as described in this
definition. Each semi-annual installment shall be paid on or as soon as practicable after the last
business day of the applicable quarter.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.57 &#147;<U>Stock</U>&#148; shall mean AMB Property Corporation common stock, $.01 par value.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.58 &#147;<U>Stock-for-Stock Exercise</U>&#148; shall mean the exercise by a Participant of an
Eligible Stock Option by actually delivering to the Company whole shares of Stock with a Fair
Market Value on the date of exercise equal to the aggregate exercise price of the Eligible Stock
Option in the manner contemplated by the Internal Revenue Service&#146;s Revenue Ruling 80-244. If the
aggregate exercise price would require the payment of a fractional share, such fractional share
shall be paid in cash and not in Stock. Stock used
for this purpose shall be either (i)&nbsp;Stock which was not acquired by the Participant from the
Company, with a loan or other extension of credit by the Company or otherwise in a transaction
involving the Company, or (ii)&nbsp;Stock acquired by the Participant in a transaction involving the
Company and which has been held by the Participant for a period of more than six (6)&nbsp;months prior
to the date of exercise; <I>provided, however</I>, that if the Participant delivers to the Company Stock
acquired through the exercise of an &#147;incentive stock option&#148; as defined in Section&nbsp;422 of the Code,
such Stock shall have been held by the Participant for a period of more than (i)&nbsp;twenty-four (24)
months after the date on which such incentive stock option was granted to the Participant and (ii)
twelve (12)&nbsp;months after the date on which such incentive stock option was exercised by the
Participant.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.59 &#147;<U>Stock Option Account</U>&#148; shall mean the sum of (i)&nbsp;the Participant&#146;s Stock Option
Amounts, plus (ii)&nbsp;Stock Units credited/debited in accordance with all the applicable
crediting/debiting provisions of this Plan that relate to the Participant&#146;s Stock Option Account,
less (iii)&nbsp;all distributions made to the Participant or his or her Beneficiary pursuant to this
Plan that relate to the Participant&#146;s Stock Option Account. The Stock Option Account balance shall
be denominated in Stock Units.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.60 &#147;<U>Stock Option Amount</U>&#148; shall mean, for any Eligible Stock Option, the amount of
Stock Option Gains deferred in accordance with Section&nbsp;3.1(b) of this Plan, calculated using the
Fair Market Value of a share of Stock on the Exercise Date.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.61 &#147;<U>Stock Option Gain</U>&#148; shall mean the amount of a Participant&#146;s net gain resulting
from the Participant&#146;s Stock-for-Stock Exercise of an Eligible Stock Option. For example, assume a
Participant elects to defer the Stock Option Gain accrued upon exercise of an Eligible Stock Option
to purchase 1,000
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">shares of Stock at an exercise price of $20 per share, when Stock has a current
fair market value of $25 per share. Using a Stock-for-Stock Exercise, the Participant would
deliver 800 shares of Stock (worth $20,000) to exercise the Eligible Stock Option and receive, in
return, 800 shares of Stock plus a Stock Option Gain (in this case, in the form of a credit of 200
Stock Units to the Participant&#146;s Stock Option Account) equal to $5,000 (i.e., the current value of
the remaining 200 shares of Stock).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.62 &#147;<U>Stock Unit</U>&#148; shall mean a notational unit representing the right to receive a
share of Stock.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.63 &#147;<U>Termination Benefit</U>&#148; shall mean the benefit set forth in Section&nbsp;4.4.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.64 &#147;<U>Termination of Employment</U>&#148; shall mean the severing of employment with all
Employers, or service as a Director of all Employers, voluntarily or involuntarily, for any reason
other than Retirement, Disability, death or an authorized leave of absence. If a Participant is
both an Employee and a Director, a Termination of Employment shall occur only upon the termination
of the last position held; <I>provided</I>, <I>however</I>, that such a Participant may elect, at least one (1)
year before Termination of Employment and in accordance with the policies and procedures
established by the Administrator, to be treated for purposes of this Plan as having experienced a
Termination of Employment at the time he or she ceases employment with an Employer as an Employee.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65 &#147;<U>Trust</U>&#148; shall mean one or more trusts established pursuant to that certain Trust Agreement, dated as
of May&nbsp;1, 2002, between the Company and the trustee named therein, as amended from time to time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.66 &#147;<U>Unforeseeable Financial Emergency</U>&#148; shall mean an unanticipated emergency that is
caused by an event beyond the control of the Participant that would result in severe financial
hardship to the Participant not covered by insurance, liquidation of other assets (to the extent
the liquidation itself will not cause severe financial hardship or cessation of deferrals under
this Plan, resulting from (i)&nbsp;a sudden and unexpected illness or accident of the Participant or a
dependent (as defined in Section 152(a) of the Code) of the Participant, (ii)&nbsp;a loss of the
Participant&#146;s property due to casualty, or (iii)&nbsp;such other extraordinary and unforeseeable
circumstances arising as a result of events beyond the control of the Participant, all as
determined in the sole discretion of the Administrator.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.67 &#147;<U>Vesting Date</U>&#148; shall mean, with respect to Restricted Stock deferred hereunder,
the date on which the Restricted Stock would vest under the terms of the Equity Plan pursuant to
which it was issued and the Participant&#146;s Restricted Stock Agreement but for the election to defer
such Restricted Stock.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.68 &#147;<U>Years of Service</U>&#148; shall mean each twelve (12)&nbsp;month period during which a Participant
is employed by an Employer, whether or not continuous, and including periods commencing prior to
the effective date of this Plan; <I>provided</I>, <I>however</I>, that in the case of a Participant whose
employment with an Employer has been interrupted by a period of twelve (12)&nbsp;consecutive months or
more (a &#147;<U>Break in Service</U>&#148;), his or her Years of Service prior to such Break in Service
shall be disregarded for any purpose under the Plan.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE 2.<BR>
SELECTION, ENROLLMENT, ELIGIBILITY
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1 <U>Selection by Administrator</U>. Participation in the Plan shall be limited to a
select group of management and highly compensated Employees and Non-Employee Directors of the
Employers, as determined by the Administrator in its sole discretion. Subject to the requirements
of Article&nbsp;12, from that group, the Administrator shall select, in its sole discretion, Employees
and Non-Employee Directors to participate in the Plan.
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2 <U>Enrollment Requirements</U>. As a condition to participation, each selected Employee
or Non-Employee Director shall complete, execute and return to the Administrator an Election Form
and a Beneficiary Designation Form. In addition, the Administrator shall establish from time to
time such other enrollment requirements as it determines in its sole discretion are necessary.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.3 <U>Eligibility; Commencement of Participation</U>. Provided an Employee or Non-Employee
Director selected to participate in the Plan has met all enrollment requirements set forth in this
Plan and required by the Administrator, including returning all required documents to the
Administrator within the specified time period, that Employee or Non-Employee Director shall
commence participation in the Plan on the day on which his or her Election Form first becomes
effective or the date on which a contribution is first credited to his or her Company Contribution
Account or Company Matching Account.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.4 <U>Termination of Participation and/or Deferrals</U>. If the Administrator determines in
good faith that a Participant no longer qualifies as a member of a select group of management or
highly compensated employees, as membership in such group is determined in accordance with Sections
201(2), 301(a)(3) and 401(a)(1) of ERISA, or as a Non-Employee Director, the Administrator shall
have the right, in its sole discretion, to (a)&nbsp;terminate any deferral election the Participant has
made for the remainder of the Plan Year in which the Participant&#146;s membership status changes, (b)
prevent the Participant from making future deferral elections and/or (c)&nbsp;immediately distribute the
Participant&#146;s then Account Balance as a Termination Benefit and terminate the Participant&#146;s
participation in the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.5 <U>Pre-Existing Elections</U>. All Participant elections in effect as of the effective
date of the amendment and restatement of the Plan shall remain in full force and effect through the
end of the First Plan Year unless a Participant elects to revise such election as permitted by the
Committee.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE 3.<BR>
DEFERRAL COMMITMENTS/COMPANY CONTRIBUTIONS/CREDITING/TAXES
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1 <U>Election to Defer; Effect of Election Form</U>. Subject to the terms and conditions
set forth herein and such terms and conditions as the Administrator may determine, Participants may
elect to defer Base Annual Salary, Annual Bonus, Directors Fees, Stock Option Amounts and
Restricted Stock Amounts by timely completing and delivering to the Administrator an Election Form.
After a Plan Year commences, such deferral election shall be irrevocable and shall continue for
the entire Plan Year and subsequent years except that it shall terminate upon the execution and
timely submission of a newly completed Election Form or Termination of Employment.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <U>Base Annual Salary, Annual Bonus and/or Directors Fees</U>. Subject
to any terms and conditions imposed by the Administrator, Participants may elect to defer,
under the Plan, Base Annual Salary, Annual Bonus and/or Directors Fees. For these elections
to be valid with respect to deferrals of Base Annual Salary, Annual Bonus and/or Directors
Fees, the Election Form must be completed and signed by the Participant, timely delivered to
the Administrator no later than September&nbsp;30 of the year immediately preceding the Plan Year
for which the deferral election is to be effective and accepted by the Administrator. If no
such Election Form is timely delivered for a Plan Year, the Annual Deferral Amount shall be
zero for that Plan Year.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <U>Stock Option Deferral</U>. Subject to any terms and conditions
imposed by the Administrator, Participants may elect to defer, under the Plan, Stock Option
Gains attributable to an Eligible Stock Option exercise. For an election to defer Stock
Option Gain upon an Eligible Stock Option exercise to be valid: (i)&nbsp;an Election Form must be
completed and signed by the Participant which designates the Eligible Stock Option; (ii)&nbsp;the
Election Form must be timely delivered to the Administrator and accepted by the
Administrator at least twelve (12)&nbsp;months prior to the Exercise Date; (iii)&nbsp;the Eligible
Stock Option must be exercised using an actual or attestation Stock-for-Stock Exercise; and
(iv)&nbsp;the Stock actually or constructively delivered by the Participant to exercise the
Eligible Stock Option must have been owned by the
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">Participant during the entire six (6)
month period prior to its delivery.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <U>Restricted Stock</U>. Subject to any terms and conditions imposed by
the Administrator, Participants may elect to defer, under the Plan, Restricted Stock
Amounts. For an election to defer Restricted Stock Amounts to be valid: (i)&nbsp;an Election
Form must be completed and signed by the Participant, which designates such Restricted
Stock; (ii)&nbsp;such Election Form must be timely delivered to the Administrator and accepted by
the Administrator during the periods specified in clause (iii), below, and (iii)&nbsp;with
respect to elections made during the First
Plan Year, such Restricted Stock must be surrendered to the Company at least three (3)
months prior to the Vesting Date, and with respect to elections made during subsequent Plan
Years of the Plan, such Restricted Stock must be surrendered to the Company at least twelve
(12)&nbsp;months prior to such Vesting Date.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <U>Dividends</U>. Stock Dividends and Non-Stock Dividends (as defined
in Section&nbsp;3.4(f) below) payable with respect to Stock Units allocated to the Participant&#146;s
Accounts shall be deferred in accordance with the Participant&#146;s deferral election made in
connection with the related deferral of Stock Option Amounts or Restricted Stock Amounts, or
deferral of Annual Base Salary, Annual Bonus or Directors Fees into a Measurement Fund
denominated in Stock.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) <U>Redeferral</U>. A Participant may annually change his or her
election to an allowable alternative payout period by submitting a new Election Form to the
Administrator, <I>provided</I>, <I>however</I>, that such change shall not be given any effect unless a
full calendar year passes between the calendar year in which such Election Form is submitted
and the calendar year in which the distribution date designated in such form occurs and the
Election Form is accepted by the Administrator in its sole discretion. The Election Form
most recently accepted by the Administrator shall govern the payout of the Participant&#146;s
benefits under the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2 <U>Minimum Deferrals</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <U>Annual Minimum</U>. For each Plan Year, the annual aggregate minimum
deferral amount for each Participant is $5,000. If an election is made for less than such
minimum amount, or if no election is made, the amount deferred shall be zero.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <U>Short Plan Year</U>. Notwithstanding the foregoing, if a Participant
first becomes a Participant after the first day of a Plan Year, or in the case of the first
Plan Year of the Plan itself, the minimum Base Annual Salary deferral shall be an amount
equal to the minimum set forth above, multiplied by a fraction, the numerator of which is
the number of complete months remaining in the Plan Year and the denominator of which is
twelve (12).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3 <U>Maximum Deferral</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <U>Base Annual Salary, Annual Bonus and Directors Fees</U>. For each
Plan Year, a Participant may elect to defer, as his or her Annual Deferral Amount, 100% of
his or her Base Annual Salary, Annual Bonus and/or Directors Fees. A Participant&#146;s Annual
Deferral Amount may be automatically reduced if the Committee determines that such action is
necessary to meet Federal or State tax withholding obligations.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <U>Stock Option Amounts</U>. For each Eligible Stock Option, a
Participant may elect to defer, as his or her Stock Option Amount, 100% of the Stock Option
Gain with respect to exercise of the Eligible Stock Option. Stock Option Amounts may also
be limited by other terms or conditions set forth in the stock option plan or agreement
under which such options are granted.
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <U>Restricted Stock Amounts</U>. A Participant may elect to defer up to
100% of his or her Restricted Stock. Restricted Stock Amounts may also be limited by other
terms or conditions set forth in the stock option plan or agreement under which such
Restricted Stock is granted.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <U>Deferral Limit</U>. Notwithstanding anything to the contrary set
forth in this Plan, no Officer or Director may defer under the Plan Stock Option Amounts and
Restricted Stock Amounts to the extent that such deferral would result in such Officer of
Director holding Stock
and/or Stock Units representing more than (i)&nbsp;one percent (1%) of the Stock of the
Company outstanding as of the date this Plan is first adopted by the Board, (ii)&nbsp;one percent
(1%) of the Stock of the Company outstanding immediately prior to such deferral, (iii)&nbsp;one
percent (1%) of the voting power of the Company outstanding immediately prior to such
deferral, or (iv)&nbsp;when taken together with all Stock issuable to Officers and Directors
under all other Equity Plans of the Company (other than Equity Plans for which shareholder
approval is not required under the applicable requirements of the New York Stock Exchange),
five percent (5%) of the Stock of the Company outstanding as of the date this Plan is first
adopted by the Board (the &#147;<U>Deferral Limit</U>&#148;). If necessary, the Administrator may
reduce the Stock Option Amount or Restricted Stock Amount deferred, or the amount of any
Stock or Non-Stock Dividends to be deferred under the Plan (in which case, such dividends
will be distributed to the Participant on a current basis, at any time the Company pays any
dividends with respect to the Stock Units to which such excess dividends relate), in order
to comply with the Deferral Limit.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.4 <U>Accounts; Crediting of Deferrals</U>. Solely for record keeping purposes, the
Administrator shall establish a Deferral Account, a Company Contribution Account, a Company
Matching Account, a Stock Option Account and a Restricted Stock Account for each Participant. A
Participant&#146;s Accounts shall be credited with the deferrals made by him or her or on his or her
behalf by his or her Employer under this Article&nbsp;3 and shall be credited (or charged, as the case
may be) with the hypothetical or deemed investment earnings and losses determined pursuant to
Section&nbsp;3.6, and charged with distributions made to or with respect to him or her.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <U>Annual Deferral Amounts</U>. For each Plan Year, the Base Annual
Salary portion of the Annual Deferral Amount shall be withheld and credited to the
Participant&#146;s Deferral Account at the time of each regularly scheduled Base Annual Salary
payroll in either the percentages or dollar amounts specified by the Participant in the
Election Form, as adjusted from time to time for increases and decreases in Base Annual
Salary. The Annual Bonus and/or Directors Fees portion of the Annual Deferral Amount shall
be withheld and credited to the Participant&#146;s Deferral Account at the time the Annual Bonus
or Directors Fees are or otherwise would be paid to the Participant, whether or not this
occurs during the Plan Year itself.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <U>Annual Company Contribution Amount</U>. For each Plan Year, an
Employer, in its sole discretion, may, but is not required to, credit any amount it desires
to any Participant&#146;s Company Contribution Account under this Plan, which amount shall be for
that Participant the Annual Company Contribution Amount for that Plan Year. The amount so
credited to a Participant may be smaller or larger than the amount credited to any other
Participant, and the amount credited to any Participant for a Plan Year may be zero, even
though one or more other Participants receive an Annual Company Contribution Amount for that
Plan Year. The Annual Company Contribution Amount, if any, shall be credited to
Participants&#146; Company Contribution Accounts on the date declared by the Employer.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <U>Annual Company Matching Amount</U>. For each Plan Year, an Employer,
in its sole discretion, may, but is not required to, credit any amount it desires to any
Participant&#146;s Company Matching Account under this Plan, which amount shall be for that
Participant the Annual Company Matching Amount for that Plan Year. The amount so credited
to a Participant may be smaller or larger than the amount credited to any other Participant,
and the amount credited to any Participant for a Plan Year may be zero, even though one or
more other
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">Participants receive an Annual Company Contribution Amount for that Plan Year.
The Annual Company Contribution Amount, if any, shall be credited to Participants&#146; Company
Matching Accounts on the date declared by the Employer.<U> </U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <U>Stock Option Amounts</U>. Stock Option Amounts shall be
credited/debited to the Participant on the books of the Employer on the Exercise Date. A
Participant&#146;s Stock Option Account shall be credited with that number of Stock Units equal
to the quotient obtained by dividing (i)&nbsp;the aggregate Stock Option Amount so deferred by
(ii)&nbsp;the Fair Market Value of a share of Stock on the Exercise Date. Participants who elect
to defer Stock Option Amounts will have no rights as stockholders of the Company with
respect to allocations made to their Stock Option Accounts other than the right to receive
dividend allocations as described in Section&nbsp;3.4(f).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) <U>Restricted Stock Amounts</U>. Restricted Stock Amounts shall be
credited/debited to the Participant on the books of the Employer in connection with such an
election on the Vesting Date. A Participant&#146;s Restricted Stock Account shall be credited
with that number of Stock Units equal to the quotient obtained by dividing (i)&nbsp;the aggregate
amount of the Restricted Stock Amount so deferred by (ii)&nbsp;the Fair Market Value of a share
of Stock on the Vesting Date. Participants who elect to defer Restricted Stock Amounts will
have no rights as stockholders of the Company with respect to allocations made to their
Restricted Stock Accounts other than the right to receive dividend allocations as described
in Section&nbsp;3.4(f).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) <U>Dividends</U>. Stock and Non-Stock Dividends payable with respect to
Stock Units allocated to a Participant&#146;s Accounts may be credited by the Administrator to
the Participant&#146;s Accounts in the form of additional Stock Units or fractional Stock Units
as of the date upon which the Company makes such a distribution to its stockholders, as
follows:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">(i)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Participant&#146;s Accounts would be credited with an
additional number of Stock Units equal to the number of shares of Stock
distributable as a dividend with respect to Stock Units credited to
such Account (&#147;<U>Stock Dividends</U>&#148;); and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">(ii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In the event of a cash dividend or other non-Stock amount
distributable with respect to Stock (&#147;<U>Non-Stock Dividends</U>&#148;),
each of the Participant&#146;s Accounts would be credited with that number
of Stock Units equal to the quotient obtained by dividing (x)&nbsp;the
aggregate amount of the Non-Stock Dividend attributable to the Stock
Units allocated to such Account by (y)&nbsp;the Fair Market Value of a share
of Stock on the date on which such Non-Stock Dividends are paid to the
Company&#146;s stockholders.</TD>
</TR>

</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">Alternatively, the Administrator, in its discretion, may provide for Stock or Non-Stock
Dividends to be credited to a Participant&#146;s Accounts, including a Participant&#146;s Deferral
Account, in a different manner.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.5 <U>Vesting</U>. A Participant shall at all times be 100% vested in his or her
Deferral Account, Stock Option Account, Restricted Stock Account, Company Contribution Account and
Company Matching Account.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.6 <U>Earnings Credits or Losses</U>. In accordance with, and subject to, the rules and procedures that are established from time to
time by the Administrator, in its sole discretion, amounts shall be credited or debited to a
Participant&#146;s Account Balance in accordance with the following rules:
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <U>Election of Measurement Funds</U>. A Participant, in connection
with his or her initial deferral election in accordance with Section&nbsp;3.1 above, shall elect,
on the Election Form, one or more Measurement Fund(s) (as described in Section&nbsp;3.6(c) below)
to be used to determine the additional amounts to be credited to his or her Account Balance,
unless changed in accordance with the next sentence. The Participant may (but is not
required to) elect, by submitting an Election Form to the Administrator that is accepted by
the Administrator, to add or delete one or more Measurement Fund(s) to be used to determine
the additional amounts to be credited to his or her Account Balance, or to change the
portion of his or her Account Balance allocated to each previously or newly elected
Measurement Fund. If an election is made in accordance with the previous sentence, it shall
become effective as soon as administratively practicable and shall continue thereafter until
changed in accordance with the previous sentence. Changes may be made to allocations at any
time during the Plan Year, up to a maximum of six (6)&nbsp;changes per Participant per Plan Year.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <U>Proportionate Allocation</U>. In making any election described in
Section&nbsp;3.6(a) above, the Participant shall specify on the Election Form, in increments of
whole percentage points (1%), the percentage of his or her Account Balance to be allocated
to a Measurement Fund (as if the Participant was making an investment in that Measurement
Fund with that portion of his or her Account Balance).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <U>Measurement Funds</U>. The Administrator shall from time to time
select types of Measurement Funds and specific Measurement Funds for deemed investment
designation by Participants for the purpose of crediting additional amounts to his or her
Account Balance. As necessary, the Administrator may, in its sole discretion, discontinue,
substitute or add a Measurement Fund. The Administrator shall notify the Participants of
the types of Measurement Funds and the specific Measurement Funds selected from time to
time.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <U>Crediting or Debiting Method</U>. The performance of each elected
Measurement Fund (either positive or negative) will be determined by the Administrator, in
its sole discretion, based on the performance of the Measurement Funds themselves. A
Participant&#146;s Account Balance shall be credited or debited as frequently as is
administratively feasible, but no less often that quarterly, based on the performance of
each Measurement Fund selected by the Participant, as determined by the Administrator in its
sole discretion.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) <U>No Actual Investment</U>. Notwithstanding any other provision of
this Plan that may be interpreted to the contrary, the Measurement Funds are to be used for
measurement purposes only, and a Participant&#146;s election of any such Measurement Fund, the
allocation to his or her Account Balance thereto, the calculation of additional amounts and
the crediting or debiting of such amounts to a Participant&#146;s Account Balance <U>shall</U>
<U>not</U> be considered or construed in any manner as an actual investment of his or her
Account Balance in any such Measurement Fund. In the event that the Company or the Trustee
(as that term is defined in the Trust), in its own discretion, decides to invest funds in
any or all of the Measurement Funds, no Participant shall have any rights in or to such
investments themselves. Without limiting the foregoing, a Participant&#146;s Account Balance
shall at all times be a bookkeeping entry only and shall not represent any investment made
on his or her behalf by the Employer or the Trust; the Participant shall at all times remain
an unsecured creditor of the Employers.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) <U>Stock Accounts</U>. Notwithstanding any other provision of this Plan
to the contrary, Stock Option Amounts and Restricted Stock Amounts may not be allocated to
any Measurement Fund. A Participant&#146;s Stock Option Account and Restricted Stock Account
will be
credited with any Stock Option Amounts and Restricted Stock Amounts deferred pursuant
to Sections&nbsp;3.4(d) and (e), as applicable, and any dividends deferred pursuant to Section
3.1(d).
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) <U>Company Stock Measurement Fund</U>. Notwithstanding any other
provision of this Plan to the contrary, the following provisions shall apply to Account
Balances which are allocated to any of the Measurement Funds denominated in Stock: (i)&nbsp;no
election made by a Participant who is subject to Section&nbsp;16 of the Securities Exchange Act
of 19934 (the &#147;Act&#148;) to elect or change Measurement Funds shall be effective if it would
subject the Participant to liability under Section 16(b) of the Act and (ii)&nbsp;the
Administrator, in its sole discretion, shall have the right to distribute a Participant&#146;s
Account Balance allocated to any of the Stock Measurement Funds either in cash or in Stock,
or partially in cash and partially in Stock.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.7 <U>Distributions</U>. Any distribution with respect to a Participant&#146;s Account Balance
shall be charged to the appropriate account as of the date such payment is made by the Employer or
the trustee of the Trust which may be established for the Plan.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE 4.<BR>
DISTRIBUTIONS
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.1 <U>Fixed Date Payout</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <U>Election of Fixed Date Payout</U>. In connection with each Election
Form, a Participant may irrevocably elect to receive a future &#147;Fixed Date Payout&#148; from the
Plan of his or her Fixed Date Payout Account Balance. Subject to the Deduction Limitation
and the other terms and conditions of this Plan, each Fixed Date Payout elected shall be
paid out no earlier than the day after the last day of any Plan Year designated by the
Participant that is at least three (3)&nbsp;Plan Years after (i)&nbsp;with respect to an Annual
Deferral Amount, the Plan Year in which the Annual Deferral Amount is actually deferred,
(ii)&nbsp;with respect to a Stock Option Amount, the Exercise Date, or (iii)&nbsp;with respect to a
Restricted Stock Amount, the Vesting Date, but in no event later than the date on which the
Participant reaches age seventy (70) (the &#147;Earliest Fixed Date Payout Date&#148;). By way of
example, if a three (3)&nbsp;year Fixed Date Payout is elected for Annual Deferral Amounts that
are deferred in the Plan Year commencing January&nbsp;1, 2003, the three (3)&nbsp;year Fixed Date
Payout would become payable no earlier than January&nbsp;1, 2006. A Participant shall elect on
each Election Form on which a Fixed Date Payout is elected to receive the Fixed Date Payout
Account Balance applicable to such election in a lump sum or pursuant to a Quarterly,
Semi-Annual or Annual Installment Method over a period of up to ten (10)&nbsp;years, payable in
the first (1<SUP style="font-size: 85%; vertical-align: text-top">st</SUP>) week of January, April, July, and October, as applicable. If a
Participant does not elect to have his or her Fixed Date Payout Account Balance paid in
accordance with the Quarterly, Semi-Annual or Annual Installment Method, then such benefit
shall be payable in a lump sum. The lump sum payment shall be made no later than sixty (60)
days after the last day of any Plan Year designated by the Participant that is after the
Earliest Fixed Date Payout Date. Any payment made shall be subject to the Deduction
Limitation.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <U>Other Benefits Take Precedence Over Fixed Date</U>. Should an event
occur that triggers a benefit under Section&nbsp;4.2, 4.3, 4.4, 4.5 or 4.6, any Annual Deferral
Amount, Stock Option Amount or Restricted Stock Amount, plus amounts credited or debited
thereon, that is subject to a Fixed Date Payout election under Section&nbsp;4.1 shall not be paid
in accordance with Section&nbsp;4.1 but shall be paid in accordance with the other applicable
Section.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.2 <U>Retirement Benefit</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <U>Retirement Benefit</U>. A Participant who Retires shall receive, as
a Retirement Benefit, his or her Account Balance. A Participant, in connection with his or
her commencement of participation in the Plan, shall elect on an Election Form to receive
the Retirement Benefit in a lump sum or pursuant to a Quarterly, Semi-Annual or Annual
Installment Method over a period of up to ten (10)&nbsp;years, payable in the first
(1<SUP style="font-size: 85%; vertical-align: text-top">st</SUP>) week of January, April, July, and October, as applicable. If a Participant
does not make any election with respect to the payment of the Retirement Benefit,
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">then such
benefit shall be payable in a lump sum. The lump sum payment shall be made, or installment
payments shall commence, no later than January 1 of the calendar year following the date the
Participant Retires. Any payment made shall be subject to the Deduction Limitation.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <U>Death Prior to Completion of Retirement Benefit or Termination Benefit</U>. If a
Participant dies after Retirement but before the Retirement Benefit is paid in full or after a
Termination of Employment but before the Termination Benefit is paid in full, the
Participant&#146;s unpaid Retirement Benefit or Termination Benefit payments shall continue and
shall be paid to the Participant&#146;s Beneficiary (i)&nbsp;over the remaining number of months and in
the same amounts as that benefit would have been paid to the Participant had the Participant
survived, or (ii)&nbsp;in a lump sum, in the sole discretion of the Administrator, that is equal to
the Participant&#146;s unpaid remaining vested Account Balance. Any lump sum payment shall be made
no later than thirteen (13)&nbsp;months after the date of the Participant&#146;s death. Any payment
made shall be subject to the Deduction Limitation.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.3 <U>Pre-Retirement Survivor Benefit</U>. A Participant&#146;s Beneficiary shall receive a
Pre-Retirement Survivor Benefit equal to the Participant&#146;s vested Account Balance if the
Participant dies before he or she Retires, experiences a Termination of Employment or suffers a
Disability. The Pre-Retirement Survivor Benefit shall be paid to the Participant&#146;s Beneficiary (a)
over the remaining number of months and in the same amounts as that benefit would have been paid to
the Participant had the Participant survived, or (b)&nbsp;in a lump sum, in the sole discretion of the
Administrator, that is equal to the Participant&#146;s unpaid remaining vested Account Balance. Any
lump sum payment shall be made no later than thirteen (13)&nbsp;months after the date of the
Participant&#146;s death. Any payment made shall be subject to the Deduction Limitation.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.4 <U>Termination Benefit</U>. A Participant shall receive a Termination Benefit, which
shall be equal to the Participant&#146;s vested Account Balance if a Participant experiences a
Termination of Employment prior to his or her Retirement, death or Disability. A Participant&#146;s
Termination Benefit shall be paid in a lump sum; except that if the Participant is a Non-Employee
Director, such Participant may elect on an Election Form to receive the Termination Benefit in a
lump sum or pursuant to a Quarterly, Semi-Annual or Annual Installment Method over a period of up
to ten (10)&nbsp;years, payable in the first (1st) week of January, April, July, and October, as applicable; however, if no such election
is made with respect to the payment of the Termination Benefit, then such benefit shall be payable
in a lump sum. The installment payments shall commence, no later than January 1 of the calendar
year following the date of the Participant&#146;s Termination of Employment. The lump sum payment shall
be made no later than thirteen (13)&nbsp;months after the date of the Participant&#146;s Termination of
Employment. Any payment made shall be subject to the Deduction Limitation.
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">4.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><U>Change of Control Benefit</U>.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;<U>Change of Control Benefit</U>. A Participant shall receive a Change
of Control Benefit, which shall be equal to the Participant&#146;s vested Account Balance in the
event of a Change of Control. A Participant&#146;s Change of Control<U> </U>Benefit shall be
paid in a lump sum. The lump sum payment shall be made immediately prior to the Change of
Control unless the Administrator determines, in its sole discretion, to defer payment for a
period of up to thirteen (13)&nbsp;months after the Change of Control.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;<U>Change of Control Benefit to Take Precedence Over Other Benefits</U>.
Should an event occur that triggers a Change of Control Benefit, any Annual Deferral
Amount, plus amounts credited or debited thereon, that is subject to an existing payout
under Section&nbsp;4.1, 4.2, 4.3, 4.4 or 4.6 shall not be paid in accordance with such Article
but shall be paid in accordance with this Section&nbsp;4.5.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.6 <U>Disability Benefit</U>. The Participant shall receive a Disability Benefit, which
shall be equal to the Participant&#146;s vested Account Balance in the event of the Participant&#146;s
Disability, as determined by the Administrator. Payment of a Participant&#146;s Disability Benefit
shall be paid in a lump sum. If a Participant becomes Disabled after Retirement but before the
Retirement Benefit is paid in full, the Participant&#146;s unpaid Retirement Benefit payments shall
continue and shall be paid to the Participant (a)&nbsp;over the remaining number of months and in the
same amounts as that benefit would have been paid to the Participant had the Participant not become
Disabled, or (b)&nbsp;in a lump sum, in the sole discretion of the Administrator, that is equal to the
Participant&#146;s unpaid remaining vested Account Balance. Any lump sum payment shall be made no later
than thirteen (13)&nbsp;months after the date of the Participant&#146;s Disability. Any payment made shall
be subject to the Deduction Limitation.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.7 <U>Stock Distributions</U>. All distributions from a Participant&#146;s Stock Option Account
and Restricted Stock Account shall be in the form of whole shares of Stock equivalent to the whole
Stock Units credited to the Participant&#146;s Stock Option Account and Restricted Stock Account.
Distributions in respect of fractional Stock Units shall be made in cash. In the case of any
Quarterly, Semi-Annual or Annual Installment Method, the precise number of shares delivered in each
installment shall be determined in such a manner as to cause each installment to be essentially
equal based on the Stock Units credited to the Participant&#146;s accounts as of the date of the first
installment, including dividend equivalents credited prior to that date. Dividend equivalents
credited to a Participant&#146;s Stock Option Account and Restricted Stock Account after the date of the
first installment will be distributed as part of the final installment. Any fractional Stock Units
remaining at the time of the final installment distribution shall be payable in cash.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE 5.<BR>
UNFORESEEABLE FINANCIAL EMERGENCIES; WITHDRAWAL ELECTION
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.1 <U>Withdrawal Payout/Suspensions for Unforeseeable Financial Emergencies</U>. If a
Participant experiences an Unforeseeable Financial Emergency, the Participant may petition the
Administrator to (i)&nbsp;suspend any deferrals required to be made by a Participant and/or (ii)&nbsp;receive
a partial or full payout from the Plan. The payout shall not exceed the lesser of the
Participant&#146;s vested Account Balance, calculated as if such Participant were receiving a
Termination Benefit, or the amount reasonably needed to satisfy the Unforeseeable Financial
Emergency. If, subject to the sole discretion of the Administrator, the petition for a suspension
and/or payout is approved, suspension shall take effect upon the date of approval and any payout
shall be made within sixty (60)&nbsp;days of the date of approval. The payment of any amount under this
Section&nbsp;5.1 shall not be subject to the Deduction Limitation.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.2 <U>Withdrawal Election</U>. A Participant (or, after a Participant&#146;s death, his or her Beneficiary) may elect, at any
time, to withdraw all of his or her vested Account Balance, calculated as if there had occurred a
Termination of Employment as of the day of the election, less a withdrawal penalty equal to ten
percent (10%) of such amount (the net amount shall be referred to as the &#147;<U>Withdrawal
Amount</U>&#148;). This election can be made at any time, before or after Retirement, Disability, death
or Termination of Employment, and whether or not the Participant (or Beneficiary) is in the process
of being paid pursuant to an installment payment schedule. If made before Retirement, Disability
or death, a Participant&#146;s Withdrawal Amount shall be his or her vested Account Balance calculated
as if there had occurred a Termination of Employment as of the day of the election. No partial
withdrawals of the Withdrawal Amount shall be allowed. The Participant (or his or her Beneficiary)
shall make this election by giving the Administrator advance written notice of the election in a
form determined from time to time by the Administrator. The Participant (or his or her
Beneficiary) shall be paid the Withdrawal Amount within sixty (60)&nbsp;days of his or her election.
Once the Withdrawal Amount is paid, the Participant&#146;s participation in the Plan shall terminate and
the Participant shall not be eligible to participate in the Plan for the remainder of the Plan Year
during which the Withdrawal Amount is paid and the subsequent Plan Year. The payment of this
Withdrawal Amount shall not be subject to the Deduction Limitation.
</DIV>

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<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE 6.<BR>
BENEFICIARY DESIGNATION
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.1 <U>Beneficiary</U>. Each Participant shall have the right, at any time, to designate his
or her Beneficiary(ies) (both primary as well as contingent) to receive any benefits payable under
the Plan to a beneficiary upon the death of a Participant. The Beneficiary designated under this
Plan may be the same as or different from the Beneficiary designation under any other plan of an
Employer in which the Participant participates.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.2 <U>Beneficiary Designation; Change; Spousal Consent</U>. A Participant shall designate
his or her Beneficiary by completing and signing the Beneficiary Designation Form, and returning it
to the Administrator or its designated agent. A Participant shall have the right to change a
Beneficiary by completing, signing and otherwise complying with the terms of the Beneficiary
Designation Form and the Administrator&#146;s rules and procedures, as in effect from time to time.
Upon the acceptance by the Administrator of a new Beneficiary Designation Form, all Beneficiary
designations previously filed shall be canceled. The Administrator shall be entitled to rely on
the last Beneficiary Designation Form filed by the Participant and accepted by the Administrator
prior to his or her death.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.3 <U>Acknowledgment</U>. No designation or change in designation of a Beneficiary shall be
effective until received and acknowledged in writing by the Administrator or its designated agent.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.4 <U>No Beneficiary Designation</U>. If a Participant fails to designate a Beneficiary as
provided in Sections&nbsp;6.1, 6.2 and 6.3 above or, if all designated Beneficiaries predecease the
Participant or die prior to complete distribution of the Participant&#146;s benefits, then the
Participant&#146;s designated Beneficiary shall be deemed to be his or her surviving spouse. If the
Participant has no surviving spouse, the benefits remaining under the Plan to be paid to a
Beneficiary shall be payable to the executor or personal representative of the Participant&#146;s
estate.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.5 <U>Doubt as to Beneficiary</U>. If the Administrator has any doubt as to the proper Beneficiary to receive payments
pursuant to this Plan, the Administrator shall have the right, exercisable in its discretion, to
cause the Participant&#146;s Employer to withhold such payments until this matter is resolved to the
Administrator&#146;s satisfaction.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.6 <U>Discharge of Obligations</U>. The payment of benefits under the Plan to a Beneficiary
shall fully and completely discharge all Employers and the Administrator from all further
obligations under this Plan with respect to the Participant, and that Participant&#146;s Election Form
shall terminate upon such full payment of benefits.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE 7.<BR>
LEAVE OF ABSENCE
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.1 <U>Paid Leave of Absence</U>. If a Participant is authorized by the Participant&#146;s
Employer for any reason to take a paid leave of absence from the employment of the Employer, the
Participant shall continue to be considered employed by the Employer and the Annual Deferral Amount
shall continue to be withheld during such paid leave of absence in accordance with Section&nbsp;3.4.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.2 <U>Unpaid Leave of Absence</U>. If a Participant is authorized by the Participant&#146;s
Employer for any reason to take an unpaid leave of absence from the employment of the Employer, the
Participant shall continue to be considered employed by the Employer and the Participant shall be
excused from making deferrals until the earlier of the date the leave of absence expires or the
Participant returns to a paid employment status. Upon such expiration or return, deferrals shall
resume for the remaining portion of the Plan Year in which the expiration or return occurs, based
on the deferral election, if any, made for that Plan Year. If no election was made for that Plan
Year, no deferral shall be withheld.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE 8.<BR>
TERMINATION, AMENDMENT OR MODIFICATION
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.1 <U>Termination</U>. Although each Employer anticipates that it will continue the Plan for an
indefinite period of time, there is no guarantee that any Employer will continue the Plan or will
not terminate the Plan at any time in the future. Accordingly, each Employer reserves the right to
discontinue its sponsorship of the Plan and/or to terminate the Plan at any time with respect to
any or all of its participating Employees and Non-Employee Directors, by action of its board of
directors or similar governing body. Upon the termination of the Plan with respect to any
Employer, the participation of the affected Participants who are employed by that Employer, or in
the service of that Employer as Directors, shall terminate and their Account Balances, determined
as if they had experienced a Termination of Employment on the date of Plan termination or, if Plan
termination occurs after the date upon which a Participant was eligible to Retire, then with
respect to that Participant as if he or she had Retired on the date of Plan termination, shall be
paid to the Participants in a lump sum within thirteen (13)&nbsp;months following the plan termination.
The termination of the Plan shall not adversely affect any Participant or Beneficiary who has
become entitled to the payment of any benefits under the Plan as of the date of termination;
<I>provided</I>, <I>however</I>, that the Employer shall have the right to accelerate installment payments
without a premium or prepayment penalty by paying the Account Balance in a lump sum or pursuant to
a Quarterly, Semi-Annual or Annual Installment Method using fewer months (provided that the present
value of all payments that will have been received by a Participant at any given point of time
under the different payment schedule shall equal or exceed the present value of all payments that
would have been received at that point in time under the original payment schedule).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.2 <U>Amendment</U>. An Employer may, at any time, amend or modify the Plan in whole or in part
with respect to that Employer by the action of its board of directors or similar governing body;
<I>provided</I>, <I>however</I>, that no amendment or modification shall be effective to decrease or restrict the
value of a Participant&#146;s Account Balance in existence at the time the amendment or modification is
made, calculated as if the Participant had experienced a Termination of Employment as of the
effective date of the amendment or modification or, if the amendment or modification occurs after
the date upon which the Participant was eligible to Retire, the Participant had Retired as of the
effective date of the amendment or modification. The amendment or modification of the Plan shall
not affect any Participant or Beneficiary who has become entitled to the payment of benefits under
the Plan as of the date of the amendment or modification; <I>provided</I>, <I>however</I>, that the Employer
shall have the right to accelerate installment payments by paying the Account Balance in a lump sum
or pursuant to a Quarterly, Semi-Annual or Annual Installment Method using fewer quarters (provided
that the present value of all payments that will have been received by a Participant at any given
point of time under the different payment schedule shall equal or exceed the present value of all
payments that would have been received at that point in time under the original payment schedule).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.3 <U>Effect of Payment</U>. The full payment of the applicable benefit under Article&nbsp;4 of
the Plan shall completely discharge all obligations to a Participant and his or her designated
Beneficiaries under this Plan and the Participant&#146;s Plan Agreement shall terminate.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE 9.<BR>
ADMINISTRATION
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1 <U>Administrator Duties</U>. The Committee appointed pursuant to Section&nbsp;9.3 shall be the
Administrator and shall conduct the general administration of the Plan in accordance with the Plan
and shall have all the necessary power and authority to carry out that function. Members of the
Administrator may be Participants under this Plan. Any individual serving on the Administrator who
is a Participant shall not vote or act on any matter relating solely to himself or herself. Among
the Committee&#146;s necessary powers and duties are the following:
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Except to the extent provided otherwise by Article&nbsp;12, to delegate all or
part of its function as Administrator to others and to revoke any such delegation.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) To determine questions of eligibility of Participants and their
entitlement to benefits, subject to the provisions of Articles 10 and 12.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) To select and engage attorneys, accountants, actuaries, trustees,
appraisers, brokers, consultants, administrators, physicians or other persons to render
service or advice with regard to any responsibility the Administrator has under the Plan, or
otherwise, to designate such persons to carry out fiduciary responsibilities (other than
trustee responsibilities) under the Plan, and (with the Committee, the Employers and their
officers, directors, trustees and Employees) to rely upon the advice, opinions or valuations
of any such persons, to the extent permitted by law, being fully protected in acting or
relying thereon in good faith.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) To interpret the Plan for purpose of the administration and application
of the Plan, in a manner not inconsistent with the Plan or applicable law and to amend or
revoke any such interpretation.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) To conduct claims procedures as provided in Article&nbsp;10.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.2 <U>Binding Effect of Decisions</U>. The decision or action of the Administrator with
respect to any question arising out of or in connection with the administration, interpretation and
application of the Plan and the rules and regulations promulgated hereunder shall be final and
conclusive and binding upon all persons having any interest in the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.3 <U>Committee</U>. The Committee shall consist solely of two or more Non-Employee
Directors appointed by and holding office at the pleasure of the Board, each of whom is both a
&#147;non-employee director&#148; as defined by Rule&nbsp;16b-3 and an &#147;outside director&#148; for purposes of Section
162(m) of the Code. Appointment of Committee members shall be effective upon acceptance of
appointment. Committee members may resign at any time by delivering written notice to the Board.
Vacancies in the Committee may be filled by the Board.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.4 <U>Indemnification</U>. All Employers shall indemnify and hold harmless any of their
officers, Directors, Committee members or Employees who are involved in the administration of the
Plan against any and all claims, losses, damages, expenses or liabilities arising out of the good
faith performance of their administrative functions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.5 <U>Employer Information</U>. To enable the Administrator to perform its functions, each
Employer shall supply full and timely information to the Administrator on all matters relating to
the compensation of its Participants, the date and circumstances of the Retirement, Disability,
death or Termination of Employment of its Participants, and such other pertinent information as the
Administrator may reasonably require.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE 10.<BR>
CLAIMS PROCEDURES
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.1 <U>Presentation of Claim</U>. Any Participant or Beneficiary of a deceased Participant (such
Participant or Beneficiary being referred to below as a &#147;Claimant&#148;) may deliver to the
Administrator a written claim for a determination with respect to the amounts distributable to such
Claimant from the Plan. If such a claim relates to the contents of a notice received by the
Claimant, the claim must be made within sixty (60)&nbsp;days after such notice was received by the
Claimant. All other claims must be made within one hundred eighty (180)&nbsp;days of the date on which
the event that caused the claim to arise occurred. The claim must state with particularity the
determination desired by the Claimant.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->-19-<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.2 <U>Notification of Decision</U>. The Administrator shall consider a Claimant&#146;s claim within
a reasonable time, and shall notify the Claimant in writing:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) that the Claimant&#146;s requested determination has been made, and that the
claim has been allowed in full; or
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) that the Administrator has reached a conclusion contrary, in whole or in
part, to the Claimant&#146;s requested determination, and such notice must set forth in a manner
calculated to be understood by the Claimant:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="8%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">(i)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the specific reason(s) for the denial of the claim, or any
part of it;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="8%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">(ii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>specific reference(s) to pertinent provisions of the Plan
upon which such denial was based;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="8%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">(iii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>a description of any additional material or information
necessary for the Claimant to perfect the claim, and an explanation of
why such material or information is necessary; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="8%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">(iv)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>appropriate information as to the steps to be taken if the
Claimant wishes to submit his or her claim for review pursuant to the
claim review procedure set forth in Section&nbsp;10.3 below, including the
time limits applicable to such procedures, and a statement of the
claimant&#146;s right to bring a civil action under Section 502(a) of ERISA
following an adverse decision upon review.</TD>
</TR>

</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Any notice pursuant to this Section&nbsp;10.2 shall be given within a reasonable period of time but no
later than ninety (90)&nbsp;days after the claim is filed, unless special circumstances require an
extension of time for processing the claim. If such extension is required, written notice shall be
furnished to the Claimant within ninety (90)&nbsp;days of the date the claim was filed stating the
special circumstances requiring an extension of time and the date by which a decision on the claim
can be expected, which shall be no more than one hundred eighty (180)&nbsp;days from the date the claim
was filed.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.3 <U>Review of a Denied Claim</U>. Within sixty (60)&nbsp;days after receiving a notice from the
Administrator that a claim has been denied, in whole or in part, a Claimant (or the Claimant&#146;s duly
authorized representative) may file with the Administrator a written request for a review of the
denial of the claim specifying in detail each of the Claimant&#146;s contentions, the grounds on which
each is based, all facts in support of the request, and any other matters which the Claimant deems
pertinent. The Claimant (or the Claimant&#146;s duly authorized representative):
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%">&nbsp;</TD>
    <TD width="1%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>may review and/or copy free of charge pertinent documents, records and
other information relevant to the Claimant&#146;s claim;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%">&nbsp;</TD>
    <TD width="1%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>may submit issues, written comments or other documents, records or
other information relating to the claim; and/or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%">&nbsp;</TD>
    <TD width="1%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>may request a hearing, which the Administrator, in its sole
discretion, may grant.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Any such review by the Administrator shall take into account all comments, documents, records and
other information submitted by the Claimant relating to the claim, without regard to whether such
information was submitted or considered in the initial claim determination.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.4 <U>Decision on Review</U>. The Administrator shall render its decision on review promptly,
and not later than sixty (60)&nbsp;days after the filing of a written request for review of the denial,
unless a
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">hearing is held or other special circumstances require additional time, in which case the
Administrator&#146;s decision must be rendered within one hundred twenty (120)&nbsp;days after such date.
Such decision must be written in a manner calculated to be understood by the Claimant, and it must
contain:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) specific reasons for the decision;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) specific reference(s) to the pertinent Plan provisions upon which the
decision was based; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) a statement that the Claimant is entitled to receive upon request and free
of charge reasonable access to and copies of all documents, records and other
information relevant to the Claimant&#146;s claim for benefits;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) a statement of the Claimant&#146;s right to bring an action under
Section&nbsp;502(a) of ERISA; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) such other matters as the Administrator deems relevant.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.5 <U>Designation</U>. The Administrator may designate any other person of its choosing to
make any determination otherwise required under this Article.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.6 <U>Arbitration</U>. A Claimant whose appeal has been denied under Section&nbsp;10.4 shall
have the right to submit said claim to final and binding arbitration in the state of California
pursuant to the rules of the American Arbitration Association. Any such requests for arbitration
must be filed by written demand to the American Arbitration Association within sixty (60)&nbsp;days
after receipt of the decision regarding the appeal. The costs and expenses of arbitration,
including the fees of the arbitrators, shall be borne by the losing party. The prevailing party
shall recover as expenses all reasonable attorney&#146;s fees incurred by it in connection with the
arbitration proceeding or any appeals therefrom.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE 11.<BR>
TRUST
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.1 <U>Establishment of the Trust</U>. The Company and the Partnership shall establish the
Trust, and each Employer shall at least annually transfer over to the Trust such assets as the
Employer determines, in its sole discretion, are necessary to provide, on a present value basis,
for its respective future liabilities created with respect to the Account Balances for such
Employer&#146;s Participants for all periods prior to the transfer, as well as any debits and credits to
the Participants&#146; Account Balances for all periods prior to the transfer, taking into consideration
the value of the assets in the trust at the time of the transfer.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.2 <U>Interrelationship of the Plan and the Trust</U>. The provisions of the Plan shall
govern the rights of a Participant to receive distributions pursuant to the Plan. The provisions
of the Trust shall govern the rights of the Employers, Participants and the creditors of the
Employers to the assets transferred to the Trust. Each Employer shall at all times remain liable
to carry out its obligations under the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.3 <U>Investment of Trust Assets</U>. The Trustee of the Trust shall be authorized, upon
written instructions received from the Administrator or investment manager appointed by the
Administrator, to invest and reinvest the assets of the Trust in accordance with the applicable
Trust Agreement, including the disposition of Stock and reinvestment of the proceeds in one or more
investment vehicles designated by the Administrator.
</DIV>

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</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.4 <U>Distributions From the Trust</U>. Each Employer&#146;s obligations under the Plan may be
satisfied with Trust assets distributed pursuant to the terms of the Trust, and any such
distribution shall reduce the Employer&#146;s obligations under this Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.5 <U>Limitations on Stock Distributed from the Trust</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <U>Distribution Limit</U>. Notwithstanding anything to the contrary
in this Plan:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">(i)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No contribution of Stock to or distribution of Stock from the
Trust shall be made to the extent that such contribution or
distribution could impair the Company&#146;s status as a real estate
investment trust, within the meaning of Sections&nbsp;856 through 860 of the
Code, as determined by the Company, in its sole discretion; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">(ii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No distribution of Stock from the Trust shall be made to any
Officer or Director of the Company to the extent that such deferral
would result in such Officer of Director being issued Stock and/or
Stock Units representing more than (i)&nbsp;one percent (1%) of the Stock of
the Company outstanding as of the date this Plan is first adopted by
the Board, (ii)&nbsp;one percent (1%) of the Stock of the Company
outstanding immediately prior to such deferral, (iii)&nbsp;one percent (1%)
of the voting power of the Company outstanding immediately prior to
such deferral, or (iv)&nbsp;when taken together with all Stock issuable to
Officers and Directors under all other Equity Plans of the Company
(other than Equity Plans for which shareholder approval is not required
under the applicable requirements of the New York Stock Exchange), five
percent (5%) of the Stock of the Company outstanding as of the date
this Plan is first adopted by the Board (the restrictions set forth in
clauses (i)&nbsp;and (ii)&nbsp;above are referred to collectively as the
&#147;<U>Distribution Limit</U>&#148;).</TD>
</TR>

</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <U>Reduction of Distributions</U>. If necessary, the Administrator may
reduce the amount of any Stock and/or Stock Units to be distributed under the Plan (in which
case, such Stock and/or Stock Units will be distributed to the Participant in a manner
determined by the Administrator to comply with the Distribution Limit.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE 12.<BR>
PROVISIONS RELATING TO SECURITIES LAWS
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.1 <U>Designation of Participants</U>. With respect to any Employee or Non-Employee
Director who is then subject to Section&nbsp;16 of the Exchange Act, only the Committee may designate
such Employee or Non-Employee Director as a Participant in the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.2 <U>Action by Committee</U>. With respect to any Participant who is then subject to
Section&nbsp;16 of the Exchange Act, any function of the Administrator under the Plan relating to such
Participant shall be performed solely by the Committee, if and to the extent required to ensure the
availability of an exemption under Section&nbsp;16 of the Exchange Act for any transaction relating to
such Participant under the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.3 <U>Compliance with Section&nbsp;16</U>. Notwithstanding any other provision of the Plan or
any rule, instruction, election form or other form, the Plan and any such rule, instruction or form
shall be subject to any additional conditions or limitations set forth in any applicable exemptive
rule under Section&nbsp;16 of the Exchange Act (including any amendment to Rule&nbsp;16b-3) that are
requirements for the application of such exemptive rule. To the extent permitted by applicable
law, such provision, rule,
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">instruction or form shall be deemed amended to the extent necessary to
conform to such applicable exemptive rule.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.4 <U>Committee Approval</U>. In order to ensure compliance with all applicable laws, the
Committee, in its discretion, may require that any transactions by any Participant related to Stock
must be pre-approved by the Committee.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE 13.<BR>
CERTAIN CORPORATE EVENTS
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In the event that the Administrator determines that any dividend or other distribution
(whether in the form of cash, Stock, other securities, or other property), recapitalization,
reclassification, stock split, reverse stock split, reorganization, merger, consolidation,
split-up, spin-off, combination, repurchase, liquidation, dissolution, or sale, transfer, exchange
or other disposition of all or substantially all of the assets of the Company, or exchange of Stock
or other securities of the Company, issuance of warrants or other rights to purchase Stock or other
securities of the Company, or other similar corporate transaction or event, in the Administrator&#146;s
sole discretion, affects the Stock such that an adjustment is determined by the Administrator to be
appropriate in order to prevent dilution or enlargement of the benefits or potential benefits
intended to be made available under the Plan or with respect to any Account under the Plan, then
the Administrator shall, in such manner as it may deem equitable, adjust the number and/or kind of
shares of Stock (or other securities or property) credited to Participants&#146; Accounts.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In the event of any transaction or event described in the preceding paragraph or any unusual
or nonrecurring transactions or events affecting the Company, any affiliate of the Company, or the
financial statements of the Company or any affiliate, or of changes in applicable laws,
regulations, or accounting principles, the Administrator, in its sole and absolute discretion and
on such terms and conditions as it deems appropriate, by action taken prior to the occurrence of
such transaction or event, is hereby authorized to take any one or more of the following actions
whenever the Administrator determines that such action is appropriate in order to prevent dilution
or enlargement of the benefits or potential benefits intended to be made available under the Plan
or with respect to any Account under the Plan, to facilitate such transactions or events, or to
give effect to such changes in laws, regulations or principles:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) To provide for the complete distribution of Participants&#146; Stock Units
credited to the Participants&#146; Accounts in connection with such transactions or events;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) To provide that Participants&#146; Stock Units and the Company&#146;s rights and
obligations with respect thereto shall be assumed by the successor or survivor corporation,
or a parent or subsidiary thereof;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) To provide that the Stock Units credited to Participants&#146; Accounts shall
be replaced by stock of the successor or survivor corporation, or a parent or subsidiary
thereof, with appropriate adjustments as to the number and/or kind of shares; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) To make adjustments to the number and/or kind of Stock Units (or other
securities or property) credited to Participants&#146; Accounts.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE 14.<BR>
MISCELLANEOUS
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.1 <U>Status of Plan</U>. The Plan is intended to be a plan that is not qualified within
the meaning of Code Section 401(a) and that &#147;is unfunded and is maintained by an employer primarily
for the purpose of providing deferred compensation for a select group of management or highly
compensated employees&#148; within the meaning of ERISA Sections&nbsp;201(2), 301(a)(3) and 401(a)(1). The
Plan shall be administered and interpreted to the extent possible in a manner consistent with that
intent.
</DIV>

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</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.2 <U>Unsecured General Creditor</U>. Participants and their Beneficiaries, heirs,
successors and assigns shall have no legal or equitable rights, interests or claims in any property
or assets of any Employer. For purposes of the payment of benefits under this Plan, any and all of
an Employer&#146;s assets shall be, and remain, the general, unpledged unrestricted assets of the
Employer. An Employer&#146;s obligation under the Plan shall be merely that of an unfunded and
unsecured promise to pay money in the future.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.3 <U>Employer&#146;s Liability</U>. An Employer&#146;s liability for the payment of benefits shall
be defined only by the Plan and the Election Form(s), as entered into between the Employer and a
Participant. An Employer shall have no obligation to a Participant under the Plan except as
expressly provided in the Plan and his or her Election Form(s).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.4 <U>Nonassignability</U>. Neither a Participant nor any other person shall have any
right to commute, sell, assign, transfer, pledge, anticipate, mortgage or otherwise encumber,
transfer, hypothecate, alienate or convey in advance of actual receipt, the amounts, if any,
payable hereunder, or any part thereof, which are, and all rights to which are expressly declared
to be, unassignable and non-transferable. No part of the amounts payable shall, prior to actual
payment, be subject to seizure, attachment, garnishment or sequestration for the payment of any
debts, judgments, alimony or separate maintenance owed by a Participant or any other person, be
transferable by operation of law in the event of a Participant&#146;s or any other person&#146;s bankruptcy
or insolvency or be transferable to a spouse as a result of a property settlement or otherwise.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.5 <U>Sources of Stock</U>. If Stock is credited under the Plan in the Trust in connection
with an Eligible Stock Option exercise or in connection with a deferral of Restricted Stock, the
shares so credited shall be deemed to have originated, and shall be counted against the number of
shares reserved under the Equity Plan under which they were granted.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.6 <U>Tax Withholding</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <U>Annual Deferral Amounts</U>. For each Plan Year in which an Annual
Deferral Amount is being withheld from a Participant, the Participant&#146;s Employer(s) shall
withhold from that portion of the Participant&#146;s Base Annual Salary and Bonus that is not
being deferred, in a manner determined by the Employer(s), the Participant&#146;s share of FICA
and other employment taxes on such Annual Deferral Amount. If necessary, the Administrator
may reduce the Annual Deferral Amount in order to comply with this Section&nbsp;14.6.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <U>Company Matching Amounts</U>. When a Participant becomes vested in a
portion of his or her Company Matching Account, the Participant&#146;s Employer(s) shall withhold
from the Participant&#146;s Base Annual Salary and/or Bonus that is not deferred, in a manner
determined by the Employer(s), the Participant&#146;s share of FICA and other employment taxes.
If necessary, the Administrator may reduce the vested portion of the Participant&#146;s Company
Matching Account in order to comply with this Section&nbsp;14.6.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <U>Stock Option Amounts and Restricted Stock Amounts</U>. For each Plan
Year in which a Stock Option Amount or Restricted Stock Amount is being first credited to a
Participant&#146;s Account Balance, or at the time any dividends are credited to the
Participant&#146;s Accounts, the Participant&#146;s Employer(s) shall withhold from that portion of
the Participant&#146;s Base Annual Salary, Bonus, Stock Option Gains and Restricted Stock that is
not being deferred, in a
manner determined by the Employer(s), the Participant&#146;s share of FICA and other
employment taxes on such Stock Option Amount or Restricted Stock Amount. If necessary, the
Administrator may reduce the Stock Option Amount or Restricted Stock Amount in order to
comply with this Section&nbsp;14.6.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <U>Distributions</U>. The Participant&#146;s Employer(s), or the trustee of
the Trust, shall withhold from any payments made to a Participant under this Plan all
federal, state and local income, employment and other taxes required to be withheld by the
Employer(s), or the trustee of the Trust, in connection with such payments, in amounts and
in a manner to be determined in the sole discretion of the Employer(s) and the trustee of
the Trust.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) <U>Participant May Satisfy Tax Obligations in Cash</U>. The Administrator, in its
sole discretion, may allow a Participant to pay to his or her Employer, in cash, any amounts
required to be withheld by the Employer in connection with the Plan in lieu of having such
amounts withheld from his or her deferrals or distributions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.7 <U>Coordination with Other Benefits</U>. The benefits provided for a Participant and
Participant&#146;s Beneficiary under the Plan are in addition to any other benefits available to such
Participant under any other plan or program for employees of the Participant&#146;s Employer. The Plan
shall supplement and shall not supersede, modify or amend any other such plan or program except as
may otherwise be expressly provided.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.8 <U>Compliance</U>. A Participant shall have no right to receive payment with respect to
the Participant&#146;s Account Balance until all legal and contractual obligations of the Employers
relating to establishment of the Plan and the making of such payments shall have been complied with
in full. In addition, the Company shall impose such restrictions on Stock delivered to a
Participant hereunder and any other interest constituting a security as it may deem advisable in
order to comply with the Securities Act, the requirements of the New York Stock Exchange or any
other stock exchange or automated quotation system upon which the Stock is then listed or quoted,
any state securities laws applicable to such a transfer, any provision of the Company&#146;s Articles of
Incorporation or Bylaws, or any other applicable law or applicable regulation.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.9 <U>Not a Contract of Employment</U>. The terms and conditions of this Plan shall not be
deemed to constitute a contract of employment between any Employer and the Participant. Such
employment is hereby acknowledged to be an &#147;at will&#148; employment relationship that can be terminated
at any time for any reason, or no reason, with or without cause, and with or without notice, unless
expressly provided in a written employment agreement. Nothing in this Plan shall be deemed to give
a Participant the right to be retained in the service of any Employer, either as an Employee or a
Director, or to interfere with the right of any Employer to discipline or discharge the Participant
at any time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.10 <U>Furnishing Information</U>. A Participant or his or her Beneficiary will cooperate
with the Administrator by furnishing any and all information requested by the Administrator and
take such other actions as may be requested in order to facilitate the administration of the Plan
and the payments of benefits hereunder, including but not limited to taking such physical
examinations as the Administrator may deem necessary.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.11 <U>Governing Law</U>. Subject to ERISA, the provisions of this Plan shall be construed and interpreted according
to the internal laws of the State of California without regard to its conflicts of laws principles.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.12 <U>Notice</U>. Any notice or filing required or permitted to be given to the
Administrator under this Plan shall be sufficient if in writing and hand-delivered, or sent by
registered or certified mail, to the address below:
</DIV>
<DIV align="left" style="font-size: 10pt; margin-left: 9%; margin-top: 6pt">General Counsel<BR>
AMB Property Corporation<BR>
Pier 1, Bay 1<BR>
San Francisco, California 94111
</DIV>


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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Such notice shall be deemed given as of the date of delivery or, if delivery is made by mail,
as of the date shown on the postmark on the receipt for registration or certification.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any notice or filing required or permitted to be given to a Participant under this Plan shall
be sufficient if in writing and hand-delivered, or sent by mail, to the last known address of the
Participant.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.13 <U>Successors</U>. The provisions of this Plan shall bind and inure to the benefit of
the Participant&#146;s Employer and its successors and assigns and the Participant and the Participant&#146;s
designated Beneficiaries.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.14 <U>Spouse&#146;s Interest</U>. The interest in the benefits hereunder of a spouse of a
Participant who has predeceased the Participant shall automatically pass to the Participant and
shall not be transferable by such spouse in any manner, including but not limited to such spouse&#146;s
will, nor shall such interest pass under the laws of intestate succession.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.15 <U>Validity</U>. In case any provision of this Plan shall be illegal or invalid for
any reason, said illegality or invalidity shall not affect the remaining parts hereof, but this
Plan shall be construed and enforced as if such illegal or invalid provision had never been
inserted herein.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.16 <U>Incompetent</U>. If the Administrator determines in its discretion that a benefit
under this Plan is to be paid to a minor, a person declared incompetent or to a person incapable of
handling the disposition of that person&#146;s property, the Administrator may direct payment of such
benefit to the guardian, legal representative or person having the care and custody of such minor,
incompetent or incapable person. The Administrator may require proof of minority, incompetence,
incapacity or guardianship, as it may deem appropriate prior to distribution of the benefit. Any
payment of a benefit shall be a payment for the account of the Participant and the Participant&#146;s
Beneficiary, as the case may be, and shall be a complete discharge of any liability under the Plan
for such payment amount.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.17 <U>Court Order</U>. The Administrator is authorized to make any payments directed by
court order in any action in which the Plan or the Administrator has been named as a party. In
addition, if a court determines that a spouse or former spouse of a Participant has an interest in
the Participant&#146;s benefits under the Plan in connection with a property settlement or otherwise,
the Administrator, in its sole discretion, shall have the
right, notwithstanding any election made by a Participant, to immediately distribute the
spouse&#146;s or former spouse&#146;s interest in the Participant&#146;s benefits under the Plan to that spouse or
former spouse.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.18 <U>Distribution in the Event of Taxation</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <U>In General</U>. If, for any reason, all or any portion of a
Participant&#146;s benefits under this Plan becomes taxable to the Participant prior to receipt,
a Participant may petition the Administrator for a distribution of that portion of his or
her benefit that has become taxable. Upon the grant of such a petition, which grant shall
not be unreasonably withheld, a Participant&#146;s Employer shall distribute to the Participant
immediately available funds in an amount equal to the taxable portion of his or her benefit
(which amount shall not exceed a Participant&#146;s unpaid Account Balance under the Plan). If
the petition is granted, the tax liability distribution shall be made within ninety (90)
days of the date when the Participant&#146;s petition is granted. Such a distribution shall
affect and reduce the benefits to be paid under this Plan.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <U>Trust</U>. If the Trust terminates in accordance with the provisions
of the Trust and benefits are distributed from the Trust to a Participant in accordance with
such provisions, the Participant&#146;s benefits under this Plan shall be reduced to the extent
of such distributions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.19 <U>Insurance</U>. The Employers, on their own behalf or on behalf of the trustee of
the Trust, and, in their sole discretion, may apply for and procure insurance on the life of the
Participant, in such
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->-26-<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">amounts and in such forms as the Trust may choose. The Employers or the
trustee of the Trust, as the case may be, shall be the sole owner and beneficiary of any such
insurance. The Participant shall have no interest whatsoever in any such policy or policies, and
at the request of the Employers shall submit to medical examinations and supply such information
and execute such documents as may be required by the insurance company or companies to whom the
Employers have applied for insurance.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.20 <U>Status of Company as a REIT</U>. Notwithstanding any provision of this Plan or any
Participant&#146;s election to the contrary, the Partnership, the Company and the Administrator shall
have the right at any time, and from time to time, to amend or terminate this Plan or to take any
other action which it or they deem to be necessary or appropriate in order to avoid or cure any
impairment of the Company&#146;s status as a real estate investment trust under Sections&nbsp;856 et. seq. of
the Code or to avoid or cure any violation of the Company&#146;s Articles of Incorporation.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->-27-<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN WITNESS WHEREOF, the Company and the Partnership have signed this Plan document as of
October&nbsp;2, 2006.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="40%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">AMB Property Corporation, a Maryland corporation</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Michael A. Coke</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Title: Executive Vice President, Chief Financial Officer</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">AMB Property, L.P.,</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">&nbsp;&nbsp;a Delaware limited partnership</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">AMB Property Corporation,</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">a Maryland Corporation, its general partner</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Michael A. Coke</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Title: Executive Vice President, Chief Financial Officer</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->-28-<!-- /Folio -->
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