CHIRON CORP
MATERIAL CONTRACTS
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<TYPE>EX-10.602
<SEQUENCE>9
<FILENAME>a06-1853_1ex10d602.htm
<DESCRIPTION>MATERIAL CONTRACTS
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Exhibit 10.602</font></b></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="font-weight:bold;line-height:normal;margin:0in 0in .0001pt;page-break-after:auto;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Executive Change-in-Control</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Severance
Plan</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chiron Corporation</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">January 2001</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(As Amended and Restated
Effective December 1, 2005)</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">TIER I &#150;
Chief Executive Officer</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

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<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:auto;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Contents</font></b></p>

<p align="center" style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:auto;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="89%" valign="top" style="padding:0in 0in 0in 0in;width:89.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Article 1.
  Establishment, Term, and Purpose</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.64%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1</font></p>
  </td>
 </tr>
 <tr>
  <td width="89%" valign="top" style="padding:0in 0in 0in 0in;width:89.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.64%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="89%" valign="top" style="padding:0in 0in 0in 0in;width:89.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Article 2. Definitions</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.64%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1</font></p>
  </td>
 </tr>
 <tr>
  <td width="89%" valign="top" style="padding:0in 0in 0in 0in;width:89.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.64%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="89%" valign="top" style="padding:0in 0in 0in 0in;width:89.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Article 3.
  Participation</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.64%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5</font></p>
  </td>
 </tr>
 <tr>
  <td width="89%" valign="top" style="padding:0in 0in 0in 0in;width:89.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.64%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="89%" valign="top" style="padding:0in 0in 0in 0in;width:89.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Article 4.
  Severance Benefits</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.64%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5</font></p>
  </td>
 </tr>
 <tr>
  <td width="89%" valign="top" style="padding:0in 0in 0in 0in;width:89.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.64%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="89%" valign="top" style="padding:0in 0in 0in 0in;width:89.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Article 5.
  Form and Timing of Severance Benefits</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.64%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7</font></p>
  </td>
 </tr>
 <tr>
  <td width="89%" valign="top" style="padding:0in 0in 0in 0in;width:89.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.64%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="89%" valign="top" style="padding:0in 0in 0in 0in;width:89.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Article 6.
  Excise Tax Equalization Payment</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.64%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8</font></p>
  </td>
 </tr>
 <tr>
  <td width="89%" valign="top" style="padding:0in 0in 0in 0in;width:89.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.64%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="89%" valign="top" style="padding:0in 0in 0in 0in;width:89.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Article 7.
  The Company&#146;s Payment Obligation</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.64%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">9</font></p>
  </td>
 </tr>
 <tr>
  <td width="89%" valign="top" style="padding:0in 0in 0in 0in;width:89.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.64%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="89%" valign="top" style="padding:0in 0in 0in 0in;width:89.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Article 8.
  Arbitration</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.64%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">9</font></p>
  </td>
 </tr>
 <tr>
  <td width="89%" valign="top" style="padding:0in 0in 0in 0in;width:89.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.64%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="89%" valign="top" style="padding:0in 0in 0in 0in;width:89.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Article 9.
  Successors and Assignment</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.64%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10</font></p>
  </td>
 </tr>
 <tr>
  <td width="89%" valign="top" style="padding:0in 0in 0in 0in;width:89.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.64%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="89%" valign="top" style="padding:0in 0in 0in 0in;width:89.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Article 10.
  Miscellaneous</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.64%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10</font></p>
  </td>
 </tr>
</table>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">i</font></p>

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<h1 align="center" style="margin:0in 0in .0001pt;page-break-after:auto;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></h1>

<h1 align="center" style="margin:0in 0in .0001pt;page-break-after:auto;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chiron
Corporation<br>
Executive Change-in-Control Severance Plan<br>
</font></b><font size="2" style="font-size:10.0pt;">(As Amended and Restated Effective December 1, 2005)</font></h1>

<h1 align="center" style="margin:0in 0in .0001pt;page-break-after:auto;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></h1>

<h2 style="margin:0in 0in .0001pt;page-break-after:auto;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Article
1. Establishment, Term, and Purpose</font></b></h2>

<h2 style="margin:0in 0in .0001pt;page-break-after:auto;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></h2>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">1.1</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Establishment of the Plan.</b> Chiron
Corporation (hereinafter referred to as the &#147;Company&#148;) hereby establishes a
change-in-control severance plan to be known as the &#147;Chiron Corporation
Executive Change-in-Control Severance Plan&#148; (the &#147;Plan&#148;).</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">1.2</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Term of the Plan</b>. This Plan will
commence upon December 9, 2000 (the &#147;Effective Date&#148;) and shall continue in
effect for two (2) full calendar years. However, at the end of such two (2)
year period and, if extended, at the end of each additional year thereafter,
the term of this Plan shall be extended automatically for one (1) additional
year, unless the Committee delivers written notice six (6) months prior to the
end of such term, or extended term, to each Participant, that the Plan will not
be extended. However, in the event a Change in Control occurs during the
original or any extended term, this Plan will remain in effect, solely with
respect to obligations relating to such Change in Control, for the longer of:
(i) two (2) years beyond the month in which such Change in Control occurred; or
(ii) until all obligations of the Company hereunder have been fulfilled, and
until all benefits required hereunder have been paid to Participants.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The
Plan was amended and restated effective December 1, 2005, to comply with the
provisions of Section 409A of the Internal Revenue Code (the &#147;Code&#148;). The Plan
is intended to comply with the provisions of Code Section 409A and shall be
administered and operated in conformity with those provisions and applicable
Treasury Regulations.</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">1.3.</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Purpose of
the Plan</b>. The purpose of the Plan is to provide certain key employees of
the Company with greater incentive to remain in the employ of the Company,
particularly in the event of any possible change or threatened change in
control of the Company.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<h2 style="margin:0in 0in .0001pt;page-break-after:auto;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Article
2. Definitions</font></b></h2>

<h2 style="margin:0in 0in .0001pt;page-break-after:auto;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></h2>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Whenever used
in this Plan, the following terms shall have the meanings set forth below and,
when the meaning is intended, the initial letter of the word is capitalized.</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.1</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#147;Base
Salary&#148; </b>as of any date means the annual rate of a Participant&#146;s base
salary, excluding amounts received under incentive or other bonus plans,
computed before any deferrals or pre-or post-tax payroll deductions.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.2</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#147;Beneficial
Owner&#148;</b> shall have the meaning ascribed to such term in&nbsp;Rule 13d-3 of
the General Rules and Regulations under the Exchange Act.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.3</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#147;Beneficiary&#148;</b>
means the persons or entities designated or deemed designated by the
Participant pursuant to Section&nbsp;9.2 herein.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.4</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#147;Board&#148;</b>
means the Board of Directors of the Company.</p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1</font></p>

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</div>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.5</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#147;Cause&#148;</b>
means:</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Participant&#146;s willful
and continued failure to substantially perform his/her duties with the Company
(other than any such failure resulting from Disability or occurring after
issuance by the Participant of a Notice of Termination for Good Reason), after
a written demand for substantial performance is delivered to the Participant
that specifically identifies the manner in which the Company believes that the
Participant has willfully failed to substantially perform his/her duties, and
after the Participant has failed to resume substantial performance of his/her
duties on a continuous basis within thirty (30) calendar days of receiving such
demand;</p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Participant&#146;s material act of dishonesty, fraud or
embezzlement against the Company, unauthorized disclosure of confidential
information or trade secrets of the Company or an affiliate (whether or not in
violation of any confidentiality agreement) or other willful conduct
(other than conduct covered under (i)
above) that is demonstrably
injurious to the Company, monetarily or otherwise; or</p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The
Participant&#146;s having been convicted of a felony.</p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt 22.3pt;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">For purposes of this
subparagraph, no act, or failure to act, on the Participant&#146;s part shall be
deemed &#147;willful&#148; unless done, or omitted to be done, by the Participant not in
good faith and without reasonable belief that the action or omission was in the
best interests of the Company.</font></p>

<p style="margin:0in 0in .0001pt 22.3pt;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.6</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#147;Change
in Control&#148;</b> of the Company shall be deemed to have occurred as of the first
day during the term of this Plan that any one or more of the following
conditions is satisfied and regulatory approval has been granted if necessary:</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The &#147;beneficial
ownership&#148; (as defined in Rule 13d-3 under the Exchange Act) of securities
representing more than thirty percent (30%) of the combined voting power of all
securities of the Company is acquired, directly or indirectly, by a Person
(other than the Company, any trustee or other fiduciary holding securities
under an employee benefit plan of the Company or an affiliate thereof, or any
corporation owned, directly or indirectly, by the stockholders of the Company
in substantially the same proportions as their ownership of stock of the
Company); or</p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>During
any period of two (2) consecutive years, individuals who at the beginning of
such period constitute the Board of Directors 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 paragraph (a) or (b) of this
section) whose election by the&nbsp;Board of Directors or nomination for
election by the Company&#146;s stockholders was approved by a vote of at least
two-thirds 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 a majority thereof;
or</p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The
stockholders of the Company approve a definitive agreement to sell or otherwise
dispose of all or substantially all of its assets, or adopt a plan for
liquidation, provided that such sale or liquidation has not been abandoned.</p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2</font></p>

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</div>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Notwithstanding
anything else contained herein to the contrary, in no event shall a Change in
Control be deemed to have occurred by reason of a purchase, or series of
purchases of Company stock by Novartis or its successor such that the acquiring
entity remains subject to the terms of that certain Governance Agreement dated
as of January 5, 1995, as amended through December 9, 2000, provided the
acquiring entity&#146;s Company stock holdings, direct or indirect, in the
aggregate, represent seventy-nine percent (79%) or less of the combined voting
power of all outstanding Company securities.</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">However, in no
event shall a Change in Control be deemed to have occurred, with respect to the
Participant, if the Participant is part of&nbsp;a&nbsp;purchasing group that
consummates the Change-in-Control transaction. The Participant shall be deemed &#147;part
of a purchasing group&#148; for purposes of the preceding sentence if the
Participant is an equity participant in the purchasing company or group (except
for: (i)&nbsp;passive ownership of less than three percent (3%) of the stock or
other equity of the purchasing company; or (ii) ownership of equity
participation in the purchasing company or group which is otherwise not
significant, as determined prior to the Change in Control by a majority of the
nonemployee continuing Directors).</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.7</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#147;Code&#148;</b>
means the United States Internal Revenue Code of 1986, as&nbsp;amended, and any
successors thereto.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.8</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#147;Committee&#148;</b>
means the Compensation Committee of the Board or any other committee appointed
by the Board to perform the functions of the Compensation Committee for
purposes of administering this Plan.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.9</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#147;Company&#148;</b>
means Chiron Corporation, a Delaware corporation, or any successor thereto as
provided in Article 9 herein.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.10</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#147;Disability&#148;</b>
means complete and permanent inability by reason of illness or accident to
perform the duties of the occupation at which the Participant was employed when
such disability commenced, where inability is expected to last one year or
longer.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.11</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#147;Effective Date&#148;</b>
means the date of this Plan set forth above.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.12</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#147;Effective Date
of Termination&#148;</b> means the date on which a Qualifying Termination occurs
which triggers the payment of Severance Benefits hereunder.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.13</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#147;Exchange Act&#148;</b>
means the United States Securities Exchange Act of 1934, as amended.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.14</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#147;Good Reason&#148;</b>
shall mean, without the Participant&#146;s express written consent, the occurrence
of any one or more of the following:</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The assignment of the
Participant to duties materially inconsistent with the Participant&#146;s
authorities, duties, responsibilities as an employee of the Company, or a
material reduction in the nature or status of the Participant&#146;s authorities,
duties, or responsibilities than those in effect immediately preceding the
Change in Control;</p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The
Company&#146;s requiring the Participant to be based at a location which is at least
fifty (50) miles further from the Participant&#146;s current primary residence</p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3</font></p>

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</div>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">than is such
residence from the Company&#146;s current headquarters, except for required travel
on the Company&#146;s business to an extent substantially consistent with the
Participant&#146;s business obligations as of the Effective Date;</font></p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>A
material reduction in the Participant&#146;s Base Salary or bonus opportunity as in
effect on the Effective Date or as the same shall be increased from time to
time;</p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>A
material reduction in the Participant&#146;s level of participation in any of the
Company&#146;s short- and/or long-term incentive compensation plans, or employee
benefit or retirement plans, policies, practices, or arrangements in which the
Participant participates immediately preceding the Change in Control; provided,
however, that reductions in the levels of participation in any such plans shall
not be deemed to be &#147;Good Reason&#148; if the Participant&#146;s reduced level of
participation in each such program remains substantially consistent with the
average level of participation of other executives who have positions
commensurate with the Participant&#146;s position.</p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">For purposes
of this Plan, long-term incentive plans shall mean the Chiron Executive
Long-Term Incentive Plan, the 1991 Stock Option Plan, and any other similar
plans instituted by the Company;</font></p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The
failure of the Company to obtain a satisfactory agreement from any successor to
the Company to assume and agree to perform this Agreement, as contemplated in
Article 10 herein; or</p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(f)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Any
termination of Participant&#146;s employment by the Company that is not effected
pursuant to a Notice of Termination.</p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The existence
of Good Reason shall not be affected by the Participant&#146;s temporary incapacity
due to physical or mental illness not constituting a Disability. However, the
occurrence of an event set forth in (a) through(f) above shall not constitute
Good Reason if the Company has cured such event within fifteen (15) days of
receipt of written notice from the Participant that such event has occurred and
constitutes Good Reason.</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.15</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#147;Notice of
Termination&#148;</b> shall mean a written notice which shall indicate the specific
termination provision in this Plan relied upon, and shall set forth in
reasonable detail the facts and circumstances claimed to provide a basis for
termination of the Participant&#146;s employment under the provision so indicated.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.16</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#147;Participant&#148; </b>means
an employee of the Company who fulfills the eligibility and participation
requirements, as provided in Article 3 herein.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.17</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#147;Person&#148;</b>
shall have the meaning ascribed to such term in Section&nbsp;3(a)(9) of the
Exchange Act and used in Sections&nbsp;13(d) and 14(d) thereof, including a &#147;group&#148;
as provided in Section&nbsp;13(d).</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.18</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#147;Qualifying
Termination&#148;</b> means any of the events described in Section&nbsp;4.2 herein.</p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4</font></p>

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<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.19</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#147;Severance
Benefits&#148;</b> means the payment of severance compensation as provided in
Section&nbsp;4.3 herein.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.20</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#147;Target Bonus&#148;</b>
shall mean the target bonus amount established under the Company&#146;s annual
incentive plan.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<h2 style="margin:0in 0in .0001pt;page-break-after:auto;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Article 3</font></b><font size="2" style="font-size:10.0pt;font-weight:normal;">.</font><font size="2" style="font-size:10.0pt;"> Participation</font></h2>

<h2 style="margin:0in 0in .0001pt;page-break-after:auto;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></h2>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.5pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">3.1</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Eligible Employees. </b>Individuals
eligible to participate in the Plan shall include all key employees of the
Company, as determined by the Committee in its sole discretion.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.5pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.5pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">3.2</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Participation.</b> Subject to the
terms of the Plan, the Committee may, from time to time, select from all
eligible employees those who shall participate in the Plan.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.5pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<h2 style="margin:0in 0in .0001pt;page-break-after:auto;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Article 4. Severance Benefits</font></b></h2>

<h2 style="margin:0in 0in .0001pt;page-break-after:auto;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></h2>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">4.1</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Right to
Severance Benefits</b>. A Participant shall be entitled to receive from the
Company Severance Benefits, as described in Section&nbsp;4.3 herein, if (i)
there has been a Change in Control of the Company, (ii) within twenty-four (24)
calendar months following the Change in Control, a Qualifying Termination of
the Participant has occurred, and (iii) Participant has executed a Release, as
described in Section 4.8 herein. The benefits provided under this Plan shall be
reduced to the extent similar benefits are provided under the Chiron
Corporation Executive Officer Severance Plan or any other severance protection
arrangements provided by the Company either as a plan or in the form of
individual agreement or contract.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Participant shall not be entitled to
receive Severance Benefits if he/she is terminated for Cause, or if his/her
employment with the Company ends due to death or Disability or due to a
voluntary termination of employment by the Participant without Good Reason.</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">4.2</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Qualifying
Termination</b>. The term Qualifying Termination means any of the following
events:</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>An involuntary termination
of the Participant&#146;s employment by the Company for reasons other than Cause,
death or Disability pursuant to a Notice of Termination delivered to the Participant
by the&nbsp;Company;</p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 54.2pt;text-autospace:none;text-indent:-31.5pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>A voluntary termination by
the Participant for Good Reason pursuant to a Notice of Termination delivered
to the Company by the Participant; provided that, if upon receiving such Notice
of Termination, the Company requests that the Participant remain an employee
for a period ending no later than six (6) months following the date of the
Change in Control (the &#147;Transition Employment Period&#148;) with compensation and
benefits equal to or greater than the Participant&#146;s compensation and benefits
immediately before the Qualifying Termination (or, if more favorable to the
Participant, immediately before the Change in Control), the Participant will
not be deemed to have a Qualifying Termination unless he or she remains
employed throughout the Transition Employment Period or Executive&#146;s employment
earlier terminates due to death, Disability or involuntary termination by the
Company for reason other than Cause.</p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5</font></p>

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<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">4.3</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Description
of Severance Benefits</b>. In the event the Participant becomes entitled to
receive Severance Benefits, as provided in Sections&nbsp;4.1 and&nbsp;4.2
herein, the Company shall pay to the Participant and provide him/her with the
following:</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>An amount equal to three
(3) times the highest rate of the Participant&#146;s annualized Base Salary in
effect immediately preceding the Change in Control.</p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>An amount equal to three (3)
times the Participant&#146;s highest target bonus established for the year
immediately preceding the Change in Control.</p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>An amount equal to the
Participant&#146;s unpaid Base Salary, any unpaid bonus earned before the year in
which the termination occurs, a pro rata amount of the Participant&#146;s Target
Bonus for the year in which the termination occurs, and accrued but unused paid
time off in accordance with company policy through the Effective Date of
Termination.</p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>A continuation of the
welfare benefits of medical, dental, vision, life and accidental death and
dismemberment, and disability insurance coverage for three (3) full years after
the Effective Date of Termination. All benefits shall be provided to the
Participant at the same premium cost, and at the same coverage level, as in
effect as of the Participant&#146;s Effective Date of Termination. However, in the
event the premium cost and/or level of coverage shall change for all employees
of the Company, or for management employees with respect to supplemental
benefits, the cost and/or coverage level, likewise, shall change for the
Participant in a corresponding manner. The Company may satisfy its obligation
to provide a continuation of health care benefits by paying that portion of the
Participant&#146;s premiums required under Consolidated Omnibus Budget
Reconciliation Act (&#147;COBRA&#148;) that exceed the amount of premiums that the
Participant would have been required to pay for continuing coverage had he or
she continued in employment. The period of continuation of health benefits will
in all events count towards the period for which health care coverage is
required to be provided under COBRA. If the Company is not reasonably able to
continue these benefits under the Company&#146;s plans, the Company may provide
similar coverage under other vehicles or may, in lieu thereof, pay the
Participant an amount equal to the value of these benefits.</p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The
continuation of these welfare benefits shall be discontinued prior to the end
of the three (3) year period in the event the Participant has available
substantially similar benefits at a comparable cost from a subsequent employer,
as determined by the Committee.</font></p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>All long-term incentive
awards will vest in accordance with the terms of the plan or program under
which they were granted.</p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The aggregate vested benefits accrued by the
Participant as of the Effective Date of Termination under all other savings and
retirement plans sponsored by the Company shall be distributed pursuant to the
terms of the applicable plans.</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">4.4</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Termination
for Disability</b>. Following a Change in Control of the Company, if a
Participant&#146;s employment is terminated due to Disability, the Participant shall
receive his/her Base Salary through the Effective Date of Termination, at which
point in time the Participant&#146;s benefits</p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6</font></p>

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<div style="font-family:Times New Roman;">

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">shall be
determined in accordance with the Company&#146;s disability, retirement, insurance,
and other applicable plans and programs then in effect.</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">4.5</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Termination
for Death</b>. Following a Change in Control of the Company, if the Participant&#146;s
employment is terminated by reason of his/her death, the Participant&#146;s benefits
shall be determined in accordance with the Company&#146;s survivor&#146;s benefits,
insurance, and other applicable programs of the Company then in effect.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">4.6</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Termination
for Cause or Other Than for Good Reason</b>. Following a Change in Control of
the Company, if the Participant&#146;s employment is terminated either: (a) by the
Company for Cause; or (b) by the Participant (other than for Good Reason under
circumstances giving rise to a Qualifying Termination described in Section
4.2(b) herein), the Company shall pay the Participant his/her full Base Salary
and accrued but unused paid time off in accordance with company policy through
the Effective Date of Termination, at the rate then in effect, plus all other
amounts to which the Participant is entitled under any compensation plans of
the Company, at the time such payments are due.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">4.7</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Notice of
Termination</b>. Any termination of employment by the Company or by the
Participant for Good Reason<b><font style="font-weight:bold;"> </font></b>shall
be communicated by a Notice of Termination.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">4.8</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Release. </b>The
Severance Benefits are in consideration of Participant&#146;s release of all claims
against the Company and its employees and agents, in the form provided by the
Company and in substantially the form as attached hereto as Exhibit A (the &#147;Release&#148;).
If the Participant does not properly execute the Release within forty-five (45)
days of the Notice of Termination or if the Participant effectively revokes it,
he or she will not be entitled to any Severance Benefits.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<h2 style="margin:0in 0in .0001pt;page-break-after:auto;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Article 5. Form and Timing of Severance Benefits</font></b></h2>

<h2 style="margin:0in 0in .0001pt;page-break-after:auto;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></h2>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">5.1</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Form and
Timing of Cash Severance Benefits</b>. The Participant may elect to receive the
cash Severance Benefits described in Sections&nbsp;4.3(a), 4.3(b), and 4.3(c)
herein in a single lump sum or in the form of salary continuation pursuant to
the Company&#146;s normal payroll practice. The election must be made on or prior to
December&nbsp;30, 2005 on such forms as provided by the Company and shall
become irrevocable once made. If no election is made on or prior to
December&nbsp;30, 2005, the cash severance payments shall be made in a lump sum.
Any lump sum payments shall be paid, and salary continuation payments shall
commence, as soon as practicable following the latest of (i) the Effective Date
of Termination, (ii) the date that the Participant executes the Release or (iii)
the last day following Participant&#146;s execution of the Release that the
Participant may, by its terms, revoke, but in no event beyond thirty (30) days
from such date.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">5.2</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Deferred
Commencement Date for Key Employees</b>. Notwithstanding any provision to the
contrary in the Plan, to the extent required to avoid a prohibited distribution
under Code Section 409(A)(2), no Severance Benefits to which the Participant
becomes entitled under the Plan shall be made prior to the earlier of (i) the
expiration of the six (6)-month period measured from the date of the
Participant&#146;s &#147;separation from service&#148; (as defined under Code Section 409(A)
and regulations thereunder) or (ii) the death of the Participant if the
Participant is at the time a &#147;key employee&#148; within the meaning of that term
under Code Section 409A. Upon the expiration of the applicable Code Section
409(A)(2) deferral period, all Severance Benefits otherwise payable in a lump
sum and</p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7</font></p>

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<div style="font-family:Times New Roman;">

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">deferred
pursuant to this section shall be paid in a lump sum. All Severance Benefits
deferred under this section and otherwise payable in the form of salary
continuation shall be paid by the end of the first month following the
expiration of the Code Section 409(A)(2) deferral period. In the event of the
Participant&#146;s death, any Severance Benefits deferred under this section shall
be paid to the personal representative of the Participant&#146;s estate as soon as
practicable but in all events within sixty (60) days after the date of the
Participant&#146;s death. For purposes of determining the individuals who will be
key employees under the Plan, the identification date shall be December 31 of
each calendar year.</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">5.3</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Withholding
of Taxes</b>. The Company shall be entitled to withhold from any amounts
payable under this Plan all taxes as legally shall be required (including,
without limitation, any United States federal taxes and any other state, city,
or local taxes).</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">5.4</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>409A
Compliance</b>. Notwithstanding any other provisions to the contrary, the
Participant will not receive any payments or benefits under the Plan earlier
than permitted by Code Section 409A or later than the latest date permitted by
Code Section 409A in order to avoid taxation under Code Section 409A.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<h2 style="margin:0in 0in .0001pt;page-break-after:auto;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Article 6. Excise Tax Equalization Payment</font></b></h2>

<h2 style="margin:0in 0in .0001pt;page-break-after:auto;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></h2>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">6.1</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Excise
Tax Equalization Payment</b>. In the event that the Participant becomes
entitled to Severance Benefits or any other payment or benefit under this Plan,
or under any other agreement with or plan of the Company (in the aggregate, the
&#147;Total Payments&#148;), if all or any part of the Total Payments will be subject to
the tax (the &#147;Excise Tax&#148;) imposed by Section 4999 of the Code (or any similar
tax that may hereafter be imposed), the Company shall pay to the Participant in
cash an additional amount (the &#147;Gross-Up Payment&#148;) such that the net amount
retained by the Participant from the Total Payments and the Gross-Up Payment
after deduction of any Excise Tax upon the Total Payments and any federal,
state, and local income and employment tax, penalties, interest, and Excise Tax
upon the Gross-Up Payment provided for by this Section&nbsp;6.1 (including
FICA), shall be equal to the Total Payments. Such payment shall be made by the
Company to the Participant as soon as practicable following the latest of (i)
the Effective Date of Termination (or, with respect to any Total Payments to a
key employee deferred under Section 5.2 herein, the end of the Code Section
409A deferral period) or (ii) the date that the Participant executes the
Release or (iii) the last day following Participant&#146;s execution of the Release
that the Participant may, by its terms, revoke, but in no event beyond thirty
(30) days from such date.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">6.2</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Tax
Computation</b>. For purposes of determining whether any of the Total Payments
will be subject to the Excise Tax and the amounts of such Excise Tax:</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Any other payments or
benefits in the nature of compensation received or to be received by the
Participant in connection with a Change in Control of the Company or the
Participant&#146;s termination of employment (whether pursuant to the terms of this
Plan or any other plan, arrangement, or agreement with the Company or
otherwise) shall be treated as &#147;parachute payments&#148; within the meaning of
Section 280G(b)(2) of the Code, and all &#147;excess parachute payments&#148; within the
meaning of Section 280G(b)(1) shall be treated as subject to the Excise Tax,
unless in the opinion of tax counsel as supported by the Company&#146;s independent
auditors and acceptable to the Participant, such other</p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8</font></p>

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<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">payments or
benefits (in whole or in part) do not constitute parachute payments, or unless
such excess parachute payments (in whole or in part) represent reasonable
compensation for services actually rendered within the meaning of Section
280G(b)(4) of the Code in excess of the base amount within the meaning of
Section&nbsp;280G(b)(3) of the Code, or are otherwise not subject to the Excise
Tax;</font></p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The amount of the Total
Payments which shall be treated as subject to the Excise Tax shall be equal to
the lesser of: (i) the total amount of the Total Payments; or (ii) the amount
of excess parachute payments within the meaning of Section&nbsp;280G(b)(1)
(after applying clause (a) above); and</p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The value of any noncash
benefits or any deferred payment or benefit shall be determined by the Company&#146;s
independent auditors in accordance with the principles of
Sections&nbsp;280G(d)(3) and (4) of the&nbsp;Code.</p>

<p style="margin:0in 0in .0001pt .75in;text-autospace:none;text-indent:-31.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">For purposes of determining the amount of the
Gross-Up Payment, the Participant shall be deemed to pay federal income taxes
at the highest marginal rate of federal income taxation (including the effects
of applicable phase-outs of deductions and other benefits) in the calendar year
in which the Gross-Up Payment is to be made, and state and local income taxes
at the highest marginal rate of taxation in the state and locality of the
Participant&#146;s residence on the Effective Date of Termination.</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">6.3</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Subsequent
Recalculation</b>. In the event the Participant ultimately owes more Excise Tax
on the Total Payments and the Gross-Up Payments than computed by the Company
under Section&nbsp;6.1 herein, the Gross-Up Payment shall be recalculated based
on the actual Excise Tax. Any such additional Gross-up Payments shall be made
as soon as practicable following the date of such recalculation and in all
events prior to March 15 of the calendar year following the year of
determination of such additional payments.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<h2 style="margin:0in 0in .0001pt;page-break-after:auto;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Article 7. The Company&#146;s Payment Obligation</font></b></h2>

<h2 style="margin:0in 0in .0001pt;page-break-after:auto;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></h2>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Company&#146;s obligation to make the payments
and the benefits provided for herein, to the extent that the Participant
qualifies for such payments and benefits under the terms of this Plan, shall be
absolute and unconditional, and shall not be affected by any circumstances,
including, without limitation, any offset, counterclaim, recoupment, defense,
or other right which the Company may have against the Participant or anyone
else.</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Participant shall not be obligated to
seek other employment in mitigation of the amounts payable or arrangements made
under any provision of this Plan, and the obtaining of any such other
employment shall in no event effect any reduction of the Company&#146;s obligations
to make the payments and arrangements required to be made under this Plan,
except to the extent provided in Section&nbsp;4.3(d) herein.</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<h2 style="margin:0in 0in .0001pt;page-break-after:auto;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Article 8. Arbitration</font></b></h2>

<h2 style="margin:0in 0in .0001pt;page-break-after:auto;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></h2>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Any dispute or controversy arising under or
in connection with this Plan shall be settled by arbitration, conducted before
a panel of three (3) arbitrators sitting in a location selected by the</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">9</font></p>

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<div style="font-family:Times New Roman;">

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Participant
within fifty (50) miles from the location of his/her employment with the
Company, in accordance with the rules of the American Arbitration Association
then in effect.</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Judgment may be entered on the award of the
arbitrator in any court having proper jurisdiction. All expenses of such
arbitration, including the fees and expenses of the counsel for the
Participant, shall be borne by the Company.</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<h2 style="margin:0in 0in .0001pt;page-break-after:auto;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Article 9. Successors and Assignment</font></b></h2>

<h2 style="margin:0in 0in .0001pt;page-break-after:auto;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></h2>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">9.1</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Successors
to the Company</b>. The Company will require any successor (whether direct or
indirect, by purchase, merger, consolidation, or otherwise) of all or
substantially all of the business and/or assets of the Company or of any
division or subsidiary thereof to expressly assume and agree to perform the
Company&#146;s obligations under this Plan in the same manner and to the same extent
that the Company would be required to perform them if no such succession had
taken place.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">9.2</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Assignment
by the Participant</b>. This Plan shall inure to the benefit of and be
enforceable by the Participant&#146;s personal or legal representatives, executors,
administrators, successors, heirs, distributees, devisees, and legatees. If the
Participant dies while any amount would still be payable to him/her hereunder
had he/she continued to live, all such amounts, unless otherwise provided
herein, shall be paid in accordance with the terms of this Plan to the
Participant&#146;s Beneficiary. If the Participant has not named a Beneficiary, then
such amounts shall be paid to the Participant&#146;s devisee, legatee, or other
designee, or if there is no such designee, to the Participant&#146;s estate.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<h2 style="margin:0in 0in .0001pt;page-break-after:auto;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Article 10. Miscellaneous</font></b></h2>

<h2 style="margin:0in 0in .0001pt;page-break-after:auto;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></h2>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">10.1</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Employment
Status</b>. Except as may be provided under any other agreement between the
Participant and the Company, the employment of the Participant by the Company
is &#147;at will,&#148; and may be terminated by either the Participant or the Company at
any time and for any or no reason, subject to applicable law.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">10.2</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Beneficiaries</b>.
The Participant may designate one or more persons or entities as the primary
and/or contingent Beneficiaries of any Severance Benefits owing to the
Participant under this Plan. Such designation must be in the form of a signed
writing acceptable to the Committee. The Participant may make or change such
designations at any time.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">10.3</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Severability</b>.
In the event any provision of this Plan shall be held illegal or invalid for
any reason, the illegality or invalidity shall not affect the remaining parts
of the Plan, and the Plan shall be construed and enforced as if the illegal or
invalid provision had not been included. Further, the captions of this Plan are
not part of the provisions hereof and shall have no force and effect.</p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:22.3pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.5pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">10.4</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Modification</b>. No provision of this
Plan may be modified, waived, or discharged unless such modification, waiver,
or discharge is agreed to in writing and signed by the Participant and by an
authorized member of the Committee, or by the respective parties&#146; legal
representatives and successors, except to the extent necessary to comply with
Code Section 409A and other legislation.</p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10</font></p>

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<div style="font-family:Times New Roman;">

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:22.5pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">10.5</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Applicable Law</b>. To the extent not
preempted by the laws of the United States, the substantive laws of the state
of California, without regard to conflict of law principles, shall be the
controlling law in all matters relating to this Plan. <b><font style="font-weight:bold;">[End of Plan]</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11</font></p>

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