VALERO L P
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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Exhibit 10.2</B> </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>VALERO GP, LLC <BR>
AMENDED AND RESTATED <BR>
2002 UNIT OPTION PLAN </FONT></H1>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Amended and Restated as
of October 11, 2004 </FONT></P>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I.  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Plan
Purpose</U>  </FONT></TD>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Valero GP, LLC 2002 Unit Option
Plan (the &#147;Plan&#148;) is intended to promote the interests of Valero L.P., a
Delaware limited partnership (the &#147;Partnership&#148;), by providing to employees and
directors of Valero GP, LLC, a Delaware limited liability company (the
&#147;Company&#148;), and its Affiliates who perform services for the Partnership and its
subsidiaries the incentive to acquire Units through the grant of Options to purchase such
Units as described herein. The Plan is intended to assist the Company and its Affiliates
in the attraction, motivation, and retention of employees who are vital to the growth and
financial success of the Partnership and to align employees&#146; interests with those of
other Unit holders of the Partnership. </FONT></P>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>II.  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Definitions</U>  </FONT></TD>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In this Plan, except where the
context indicates otherwise, the following definitions apply: </FONT></P>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#147;<U>Affiliate</U>&#148; means
an entity that controls, is controlled by, or                is under common control with
the Company, as defined in Sections 424(e) and (f)                of the Code (but
substituting &#147;the Company&#148; for &#147;employer                corporation&#148;),
including entities which become such after adoption of the                Plan.  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#147;<U>Agreement</U>&#148; means
a written agreement granting an Option that                is executed by the Company and
the Optionee.  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(c) </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#147;<U>Award</U>&#148; means
a grant of one or more Options pursuant to the           Plan.  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(d) </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#147;<U>Beneficiary</U>&#148; means
the person or persons described in Section           XI(j).  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(e) </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2> &#147;<U>Board</U>&#148; means
the Board of Directors of the Company.  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(f) </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2> &#147;<U>Cause</U>&#148; means:  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(i)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>fraud
or embezzlement on the part of the Participant (such determination to be
                    made by the Committee in the good faith exercise of its reasonable
judgment);  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(ii)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>conviction
of or the entry of a plea of <I>nolo contendere</I> by the
                    Participant to any felony;  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(iii)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>  gross
insubordination or a material breach of, or the willful failure or refusal
                    by the Participant to perform and discharge his duties,
responsibilities or                     obligations (other than by reason of disability
or death) that is not corrected                     within 30&nbsp;days following written
notice thereof to the Participant, such                     notice to state with
specificity the nature of the breach, failure or refusal;                     or  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(iv)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>any
act of willful misconduct by the Participant that (a)&nbsp;is intended to
                    result in substantial personal enrichment of the Participant at the
expense of                     the Partnership, the Company or any of their Affiliates,
or (b) has a material                     adverse impact on the business or reputation of
the Partnership, the Company or                     any of their Affiliates (such
determination to be made by the Partnership, the                     Company or any of
their Affiliates in the good faith exercise of their                     reasonable
judgment).  </FONT></TD>
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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2> 1</FONT></P>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(g)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2> &#147;<U>Code</U>&#148; means
the Internal Revenue Code of 1986, as amended.  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(h)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>          &#147;<U>Committee</U>&#148; means
the Compensation Committee of the Board, the                committee appointed by the
Board to administer the Plan.  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(i) </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>         &#147;<U>Company</U>&#148; means
Valero GP, LLC, a Delaware limited liability           company.  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(j)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>            &#147;<U>Date
of Exercise</U>&#148; means the date on which the Company receives                notice
of the exercise of an Option in accordance with Section VI(c) of the                Plan.  </FONT></TD>
</TR>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(k)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>            &#147;<U>Date
of Grant</U>&#148; means the date on which an Option is granted                under the
Plan.  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(l)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>            &#147;<U>Director</U>&#148; means
a member of the Board of Directors of the                Company or any Affiliate.  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(m)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>             &#147;<U>Employee</U>&#148; means
any employee of the Company or an Affiliate,                as determined by the
Committee.  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(n)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>           &#147;<U>Exchange
Act</U>&#148; means the Securities Exchange Act of 1934, as                amended.  </FONT></TD>
</TR>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(o)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>             &#147;<U>Fair
Market Value</U>&#148; means the closing price of a Unit on the                New York
Stock Exchange on the applicable date (or if there is no trading in the
               Units on such date, on the next preceding date on which there was
trading). If                Units are not publicly traded at the time a determination of
fair market value                is required to be made hereunder, the determination of
fair market value shall                be made in good faith by the Committee.  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(p)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>              &#147;<U>Option</U>&#148; means
an option to purchase Units granted under the                Plan. Such Options will be
nonqualified unit options and are not intended to be                Incentive Stock
Options as defined in Section 422 of the Code.  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(q)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>             &#147;<U>Option
Period</U>&#148; means the period during which an Option may be                exercised.  </FONT></TD>
</TR>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(r)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>           &#147;<U>Optionee</U>&#148; means
a Participant to whom an Option has been                granted.  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(s)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>             &#147;<U>Participant</U>&#148; means
any Employee or Director granted an Award                under the Plan.  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(t)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>               &#147;<U>Partnership</U>&#148; means
Valero L.P., a Delaware limited                partnership.  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(u)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>             &#147;<U>Plan</U>&#148; means
the Valero GP, LLC 2002 Unit Option Plan as set                forth herein.  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(v)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>            &#147;<U>Unit</U>&#148; means
a common unit of the Partnership.  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>III.  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Administration
of the Plan</U>  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>            The
Committee shall administer the Plan.  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>             The
Committee shall have full power and authority to interpret the provisions of
               the Plan and supervise its administration. All decisions and selections
made by                the Committee pursuant to the provisions of the Plan shall be made
by a majority                of its members. Any decision reduced to writing and signed
by a majority of the                members shall be fully effective as if adopted by a
majority at a meeting duly                held. Subject to the provisions of the Plan,
the Committee shall have full and                final authority to determine the
Participants to whom Options hereunder shall be                granted; the number of
Units to be covered by each Option; the terms and                conditions of any
Option, the determination of whether, to what extent, and                under what
circumstances Options may be settled, exercised, cancelled, or                forfeited;
the determination of such rules and regulations as deemed proper for                the
administration of the Plan; and the making of any other determination or
               actions required for the proper interpretation and administration of the
Plan.  </FONT></TD>
</TR>
</TABLE>
<BR>



<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2> 2</FONT></P>
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</P>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(c)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>              Unless
expressly provided in the Plan, all designations, determinations,
               interpretations, and other decisions under or with respect to the Plan or
any                Award or Option shall be within the sole discretion of the Committee,
may be                made at any time, and shall be final, conclusive, and binding upon
the Company,                the Partnership, any Affiliate, any Participant, and any
beneficiary of any                Award or Option.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>IV.  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Units
Available for Awards </U> </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Units
Available</U>. Subject to adjustment as provided in Section IV. (c)
               hereunder, the number of Units with respect to which Awards may be granted
under                the Plan is 200,000. If any Award is forfeited or otherwise
terminates or is                canceled without the exercise of such Option grant, then
the Units covered by                such Award, to the extent of such forfeiture,
termination, or cancellation,                shall again be Units with respect to which
Awards may be granted.</FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Sources
of Units Deliverable Under Awards</U>. Any Units delivered pursuant                to the
exercise of an Option shall consist, in whole or in part, of Units
               acquired in the open market, from any Affiliate, the Partnership or any
other                person, or any combination of the foregoing, as determined by the
Committee in                its discretion.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(c)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Adjustments</U>.
If the Committee determines that any distribution (whether                in the form of
cash, Units, other securities, or other property),                recapitalization,
split, reverse split, reorganization, merger, consolidation,                split-up,
spin-off, combination, repurchase, or exchange of Units or other
               securities of the Partnership, issuance of warrants or other rights to
purchase                Units or other securities of the Partnership, or other similar
transaction or                event affects the Units such that an adjustment is
determined by the Committee                to be appropriate in order to prevent dilution
or enlargement of the benefits or                potential benefits intended to be made
available under the Plan, then the                Committee shall, in such manner as it
may deem equitable, adjust any or all of                (i) the number and types of Units
(or other securities or property) with respect                to which Awards may be
granted, (ii) the number and type of Units (or other                securities or
property) subject to outstanding Awards or Options, and (iii) if                deemed
appropriate, make provision for a cash payment to the holder of an
               outstanding Option; provided, that the number of Units subject to any
Award or                Option shall always be a whole number.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>V.  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Eligibility</U>  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Any Employee or Director shall be
eligible to be designated a Participant. </FONT></P>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>VI.  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Awards </U> </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Committee shall have the
authority to determine the Employees and Non-Employee Directors to whom Options shall be
granted, the number of Units to be covered by each Option, the Date of Grant of the
Option, the purchase price therefor and the conditions and limitations applicable to the
exercise of the Option, including the following terms and conditions, as the Committee
shall determine, that are not inconsistent with the provisions of the Plan. </FONT></P>



<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2> 3</FONT></P>
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</P>


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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Exercise
Price</U>. The purchase price per Unit purchasable under an Option                shall
be determined by the Committee at the time the Option is granted but shall
               not be less than its Fair Market Value as of the Date of Grant.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Time
and Method of Exercise</U>. The Committee shall determine the time or
               times at which an Option may be exercised in whole or in part, and the
method or                methods by which payment of the exercise price with respect
thereto may be made                or deemed to have been made which may include, without
limitation, cash, check                acceptable to the Company, a &#147;cashless-broker&#148; exercise
(through                procedures approved by the Company), other securities or other
property, a note                from the Participant (in a form acceptable to the
Company), or any combination                thereof, having a Fair Market Value on the
exercise date equal to the relevant                exercise price. The Participant shall
provide written notice to the Company                Secretary of his intent to exercise
on or before the Date of Exercise.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(c)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Term</U>.
Subject to earlier termination as provided in the Agreement or the                Plan,
each Option shall expire on the tenth (10<SUP>th</SUP>) anniversary of its
               Date of Grant.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(d)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Forfeiture</U>.
Except as otherwise provided in this Plan, in the terms of an                Award
agreement, or in a written employment agreement (if any) between the
               Participant and the Company or one of its Affiliates, upon termination of
a                Participant&#146;s (i)&nbsp;employment with the Company or its
Affiliates, or                (ii)&nbsp;membership on the Board, whichever is applicable,
for any reason                (other than for retirement, death or disability of the
Participant (see                Section&nbsp;VI.(h) below)), all Options which remain
unexercised, whether                vested or unvested, shall be forfeited by the
Participant at the close of                business on the date of the Participant&#146;s
termination of employment or                membership on the Board. The Committee or the
Chief Executive Officer may waive                in whole or in part such forfeiture with
respect to a Participant&#146;s                Options.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(e)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>  [Reserved]  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(f)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>             [Reserved]  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(g)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>   [Reserved]  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(h)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>   Except
as otherwise determined by the Committee and included in the                Participant&#146;s
Award agreement, if a Participant&#146;s employment or Board                membership is
terminated because of retirement, death or disability (with the
               determination of disability to be made within the sole discretion of the
               Committee), any Option held by the Participant shall remain outstanding
and vest                or become exercisable according to the Option&#146;s original
terms.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(i)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>              [Reserved]  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(j)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>              Notwithstanding
the other provisions of this Section VI of the Plan, in no event                may an
Option be exercised after the expiration of 10&nbsp;years from the Date                of
Grant.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>VII.  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Assignability
of Awards or Options </U> </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Options granted under the Plan shall
not be assignable or otherwise transferable by the Participant except by will or the laws
of descent and distribution. Otherwise, Options granted under this Plan shall be
exercisable during the lifetime of the Participant (except as otherwise provided in the
Plan or the applicable Agreement) only by the Participant for his or her individual
account, and no purported assignment or transfer of such Options thereunder, whether
voluntary or involuntary, by operation of law or otherwise, shall vest in the purported
assignee or transferee any interest or right therein whatsoever but immediately upon any
such purposed assignment or transfer, or any attempt to make the same, such Options
thereunder shall terminate and become of no further effect. </FONT></P>



<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2> 4</FONT></P>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>VIII. </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Effective
Date and Term of the Plan</U> </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Plan was approved and adopted by
the Board on March 22, 2002 and has become effective thereon. </FONT></P>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>IX.  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Withholding</U>  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Company&#146;s obligation to
deliver Units or pay any amount pursuant to the terms of any Option shall be subject to
the satisfaction of applicable federal, state and local tax withholding requirements. To
the extent provided in the applicable Agreement and in accordance with rules prescribed by
the Committee, a Participant may satisfy any such withholding tax obligation by any of the
following means or by a combination of such means: (i) tendering a cash payment, (ii)
authorizing the Company to withhold Units otherwise issuable to the Participant, or (iii)
delivering to the Company already owned and unencumbered Units. </FONT></P>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>X.  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Amendment
and Termination of Awards</U>  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Amendments
to Awards</U>. The Committee may waive any conditions or rights                under,
amend any terms of, or alter any Award or Option theretofore granted,
               provided no change, other than pursuant to Section X(b) below, in an Award
shall                materially reduce the benefit to Participant without the consent of
such                Participant.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Adjustment
of Awards Upon the Occurrence of Certain Unusual or Nonrecurring                Events</U>.
The Committee is hereby authorized to make adjustments in the terms                and
conditions of, and the criteria included in, Awards and Options in
               recognition of unusual or nonrecurring events (including, without
limitation,                the events described in Section IV(c) of the Plan) affecting
the Partnership or                the financial statements of the Partnership, or of
changes in applicable laws,                regulations, or accounting principles,
whenever the Committee determines that                such adjustments are appropriate in
order to prevent dilution or enlargement of                the benefits or potential
benefits intended to be made available under the Plan.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>XI.  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>General </U> </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following general provisions shall be applicable to the Plan: </FONT></P>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>No
Rights to Awards</U>. No Employee or Director shall have any claim to be
               granted any Award, and there is no obligation for uniformity of treatment
of                Participants. The terms and conditions of Awards need not be the same
with                respect to each Participant.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>No
Right to Employment</U>. The grant of an Award or Option shall not be
               construed as giving a Participant the right to be retained in the employ
of the                Company or any Affiliate or to remain on the Board, as applicable.
Further, the                Company or an Affiliate may at any time dismiss a Participant
from employment,                free from any liability or any claim under the Plan,
unless otherwise expressly                provided in the Plan or in an Agreement.  </FONT></TD>
</TR>
</TABLE>
<BR>



<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2> 5</FONT></P>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(c)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Governing
Law</U>. The validity, construction, and effect of the Plan and any                rules
and regulations relating to the Plan shall be determined in accordance
               with the laws of the State of Delaware and applicable federal law.  </FONT></TD>
</TR>
</TABLE>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(d)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Severability</U>.
If any provision of the Plan or any Award or Option is or                becomes or is
deemed to be invalid, illegal, or unenforceable in any                jurisdiction or as
to any person or Award, or would disqualify the Plan or any                Award or any
Option under any law deemed applicable by the Committee, such                provision
shall be construed or deemed amended to conform to the applicable                laws, or
if it cannot be construed or deemed amended without, in the                determination
of the Committee, materially altering the intent of the Plan or                the Award,
such provision shall be stricken as to such jurisdiction, person,                Award,
or Option, and the remainder of the Plan and any such Award or Option
               shall remain in full force and effect.  </FONT></TD>
</TR>
</TABLE>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(e)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Other
Laws</U>. The Committee may refuse to issue or transfer any Units or                other
consideration under an Award or Option if, in its sole discretion, it
               determines that the issuance or transfer of such Units or such other
               consideration might violate any applicable law or regulation, the rules of
the                principal securities exchange on which the Units are then traded, or
entitle the                Partnership or an Affiliate to recover the entire then Fair
Market Value thereof                under Section 16(b) of the Exchange Act, and any
payment tendered to the Company                by a Participant, other holder or
beneficiary in connection with the exercise of                such Award or Option shall
be promptly refunded to the relevant Participant,                holder or beneficiary.  </FONT></TD>
</TR>
</TABLE>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(f)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>No
Trust or Fund Created</U>. Neither the Plan nor the Award or Option shall
               create or be construed to create a trust or separate fund of any kind or a
               fiduciary relationship between the Company or any Affiliate and a
Participant or                any other person. To the extent that any Person acquires a
right to receive                payments from the Company or any Affiliate pursuant to an
Award or Option, such                right shall be no greater than the right of any
general unsecured creditor of                the Company or any Affiliate.  </FONT></TD>
</TR>
</TABLE>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(g)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>No
Fractional Units</U>. No fractional Units shall be issued or delivered
               pursuant to the Plan or any Award or Option, and the Committee shall
determine                whether cash, other securities, or other property shall be paid
or transferred                in lieu of any fractional Units or whether such fractional
Units or any rights                thereto shall be canceled, terminated, or otherwise
eliminated.  </FONT></TD>
</TR>
</TABLE>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(h)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Headings</U>.
Headings are given to the Sections and subsections of the Plan                solely as a
convenience to facilitate reference. Such headings shall not be                deemed in
any way material or relevant to the construction or interpretation of                the
Plan or any provision thereof.  </FONT></TD>
</TR>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(i)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Gender
and Number</U>. Words in the masculine gender shall include the                feminine
gender, the plural shall include the singular, and the singular shall
               include the plural.  </FONT></TD>
</TR>
</TABLE>
<BR>



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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(j)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Beneficiary</U>.
Each person whose name appears on the signature page of a                Participant&#146;s
Agreement after the caption &#147;Beneficiary&#148; or is                otherwise
designated by Participant in accordance with the rules established by                the
Committee and who is Participant&#146;s Beneficiary at the time of his or
               her death shall be recognized under the Plan as the Participant&#146;s
               &#147;Beneficiary&#148; and shall be entitled to exercise the Option, to
the                extent it is exercisable, after the death of Participant. Any
Participant may                from time to time revoke or change his or her Beneficiary
without the consent of                any prior Beneficiary by filing a new designation
with the Company. The last                such designation received by the Company shall
be controlling; provided,                however, that no designation, or change or
revocation thereof, shall be                effective unless received (within the meaning
of such term under Section XI (l)                of the Plan) by the Company prior to the
Participant&#146;s death, and in no                event shall any designation be
effective as of a date prior to such receipt. If                no Beneficiary
designation is in effect at the time of the Participant&#146;s                death, or
if no designated Beneficiary survives the Participant or if such
               designation conflicts with applicable law, each person entitled to the
Option                under the Participant&#146;s last will or, in the absence of any
such will, the                laws of descent and distribution, shall be deemed to be the
Participant&#146;s                Beneficiary who is entitled to exercise the Option, to
the extent it is                exercisable after the death of Participant. If the
Committee administering the                Plan is in doubt as to the right of any person
to exercise the Option, the                Company may refuse to recognize such exercise,
without liability for any                interest or distributions on the underlying
Units, until the Committee                determines the person entitled to exercise the
Option, or the Company may apply                to any court of appropriate jurisdiction
for declaratory or other appropriate                relief and such application shall be
a complete discharge of the liability of                the Company therefore.  </FONT></TD>
</TR>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(k)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>              The
Company and its Affiliates will pay all expense that may arise in connection
               to the administration of this Plan.  </FONT></TD>
</TR>
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<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(l)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;               Any
notice required or permitted to be given under this Plan shall be sufficient
               if in writing and hand-delivered with appropriate proof of same, or sent
by                registered or certified mail, return receipt requested, to the
Participant,                Beneficiary or the Secretary (or equivalent person) of the
Company, Affiliate,                Partnership, Committee, or other person or entity at
the address last furnished                by such person or entity. Such notice shall be
deemed given as of the date of                delivery or, if delivery is made by mail,
as of the date shown on the postmark                on the receipt for registration or
certification.  </FONT></TD>
</TR>
</TABLE>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(m)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>             No
liability whatever shall attach to or be incurred by any past, present or
               future unitholders, stockholders, members, officers or directors, as such,
of                the Company and its Affiliates, under or by reason any of the terms,
conditions                or agreements contained in this Plan or implied therefrom, and
any and all                liabilities of, and any and all rights and claims against, the
Company or its                Affiliates, or any unitholder, stockholder, member, officer
or director, as                such, whether arising at common law or in equity or
created by statute or                constitution or otherwise, pertaining to this Plan
(other than liability for the                benefits, if any, provided hereunder), are
hereby expressly waived and released                by every Participant, as part of the
consideration for any benefits provided by                the Company and its Affiliates
under this Plan.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(n)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>          Neither
the Company nor any Affiliates nor the Committee makes any commitment or
               guarantee that any federal or state tax treatment will apply or be
available to                any person participating or eligible to participate in this
Plan.  </FONT></TD>
</TR>
</TABLE>
<BR>



<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2> 7</FONT></P>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(o)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>             The
provisions of the Plan shall be binding on all successors and assigns of (i)
               the Company or any Affiliates and (ii) a Participant, including without
               limitation, the estate of such Participant and the executor, administrator
or                trustee of such estate, or any receiver or trustee in bankruptcy or
               representative of the Participant&#146;s creditors.  </FONT></TD>
</TR>
</TABLE>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(p)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>             Except
as otherwise provided in any notification or agreement relating to an
               Award, a Participant shall have no rights as a unitholder of the
Partnership                until such Participant becomes the holder of record of Units.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(q)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>              This
Plan is not intended by its terms or as a result of surrounding
               circumstances to provide retirement income or to defer the receipt of
payments                hereunder to the termination of the Participant&#146;s covered
employment or                beyond. This Plan is strictly a Unit option program and not
a pension or welfare                benefit plan that is subject to the Employee
Retirement Income Security Act of                1974, as amended (&#147;ERISA&#148;).
All interpretations and determinations                hereunder shall be made on a basis
consistent with the status of the Plan as a                Unit option program that is
not subject to ERISA.  </FONT></TD>
</TR>
</TABLE>
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