TRACTOR SUPPLY COMPANY
                                 2006 STOCK INCENTIVE PLAN
 
 
SECTION 1.      PURPOSE.
 
        This plan shall be known as the "Tractor Supply Company 2006 Stock
Incentive Plan" (the "Plan"). The purpose of the Plan is to promote the
interests of Tractor Supply Company (the "Company") and its shareholders by (i)
attracting and retaining key officers, employees and directors of, and
consultants to, the Company and its Subsidiaries and Affiliates; (ii) motivating
such individuals by means of performance-related incentives to achieve
long-range performance goals; (iii) enabling such individuals to participate in
the long-term growth and financial success of the Company; (iv) encouraging
ownership of stock in the Company by such individuals; and (v) linking their
compensation to the long-term interests of the Company and its shareholders.
With respect to any awards granted under the Plan that are intended to comply
with the requirements of "performance-based compensation" under Section 162(m)
of the Code, the Plan shall be interpreted in a manner consistent with such
requirements.
 
SECTION 2.      DEFINITIONS.
 
        As used in the Plan, the following terms shall have the meanings set
forth below:
 
        (A)     "AFFILIATE" shall mean (i) any entity that, directly or
indirectly, is controlled by the Company, (ii) any entity in which the Company
has a significant equity interest, (iii) an affiliate of the Company, as defined
in Rule 12b-2 promulgated under Section 12 of the Exchange Act, and (iv) any
entity in which the Company has at least twenty percent (20%) of the combined
voting power of the entity's outstanding voting securities, in each case as
designated by the Board as being a participating employer in the Plan.
 
        (B)     "AWARD" shall mean any Option, Stock Appreciation Right,
Restricted Share Award, Restricted Share Unit, Performance Award, Other
Stock-Based Award or other award granted under the Plan, whether singly, in
combination or in tandem, to a Participant by the Committee (or the Board)
pursuant to such terms, conditions, restrictions and/or limitations, if any, as
the Committee (or the Board) may establish.
 
        (C)     "AWARD AGREEMENT" shall mean any written agreement, contract or
other instrument or document evidencing any Award, which may, but need not, be
executed or acknowledged by a Participant.
 
        (D)     "BOARD" shall mean the Board of Directors of the Company.
 
 
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        (E)     "CAUSE" shall mean, unless otherwise defined in the applicable
Award Agreement, (i) the engaging by the Participant in willful misconduct that
is injurious to the Company or its Subsidiaries or Affiliates, or (ii) the
embezzlement or misappropriation of funds or property of the Company or its
Subsidiaries or Affiliates by the Participant. For purposes of this paragraph,
no act, or failure to act, on the Participant's part shall be considered
"willful" unless done, or omitted to be done, by the Participant not in good
faith and without reasonable belief that the Participant's action or omission
was in the best interest of the Company. Any determination of Cause for purposes
of the Plan or any Award shall be made by the Committee in its sole discretion.
Any such determination shall be final and binding on a Participant.
 
        (F)     "CHANGE IN CONTROL" shall mean, unless otherwise provided in the
applicable Award Agreement, the happening of one of the following:
 
                (I)     any person or entity, including a "group" as defined in
        Section 13(d)(3) of the Exchange Act, other than the Company or a
        wholly-owned Subsidiary thereof or any employee benefit plan of the
        Company or any of its Subsidiaries, becomes the beneficial owner of the
        Company's securities having 35% or more of the combined voting power of
        the then outstanding securities of the Company that may be cast for the
        election of directors of the Company (other than as a result of an
        issuance of securities initiated by the Company in the ordinary course
        of business); or
 
                (II)    as the result of, or in connection with, any cash tender
        or exchange offer, merger or other business combination, sales of assets
        or contested election, or any combination of the foregoing transactions,
        less than a majority of the combined voting power of the then
        outstanding securities of the Company or any successor corporation or
        entity entitled to vote generally in the election of the directors of
        the Company or such other corporation or entity after such transaction
        are held in the aggregate by the holders of the Company's securities
        entitled to vote generally in the election of directors of the Company
        immediately prior to such transaction; or
 
                (III)   during any period of two consecutive years, individuals
        who at the beginning of any such period constitute the Board cease for
        any reason to constitute at least a majority thereof, unless the
        election, or the nomination for election by the Company's shareholders,
        of each director of the Company first elected during such period was
        approved by a vote of at least two-thirds of the directors of the
        Company then still in office who were directors of the Company at the
        beginning of any such period.
 
        (G)     "CODE" shall mean the Internal Revenue Code of 1986, as amended
from time to time.
 
        (H)     "COMMITTEE" shall mean a committee of the Board composed of not
less than two Non-Employee Directors, each of whom shall be (i) a "non-employee
director" for purposes of Exchange Act Section 16 and Rule 16b-3 thereunder,
(ii) an "outside director" for purposes of
 
 
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Section 162(m) and the regulations promulgated under the Code, and (iii)
"independent" within the meaning of the listing standards of the NASDAQ Stock
Market.
 
        (I)     "CONSULTANT" shall mean any consultant to the Company or its
Subsidiaries or Affiliates.
 
        (J)     "COVERED OFFICER" shall mean at any date (i) any individual who,
with respect to the previous taxable year of the Company, was a "covered
employee" of the Company within the meaning of Section 162(m); provided,
however, that the term "Covered Officer" shall not include any such individual
who is designated by the Committee, in its discretion, at the time of any Award
or at any subsequent time, as reasonably expected not to be such a "covered
employee" with respect to the current taxable year of the Company and (ii) any
individual who is designated by the Committee, in its discretion, at the time of
any Award or at any subsequent time, as reasonably expected to be such a
"covered employee" with respect to the current taxable year of the Company or
with respect to the taxable year of the Company in which any applicable Award
will be paid or vested.
 
        (K)     "DIRECTOR" shall mean a member of the Board.
 
        (L)     "DISABILITY" shall mean, unless otherwise defined in the
applicable Award Agreement, a disability that would qualify as a total and
permanent disability under the Company's then current long-term disability plan.
 
        (M)     "EARLY RETIREMENT" shall mean retirement, for purposes of this
Plan, with the express consent of the Company at or before the time of such
retirement, from active employment with the Company and any Subsidiary or
Affiliate prior to having reached the aged of 55 and ten years of service with
the Company, in accordance with any applicable early retirement policy of the
Company then in effect or as may be approved by the Committee.
 
        (N)     "EFFECTIVE DATE" shall have the meaning provided in SECTION 16.1
of the Plan.
 
        (O)     "EMPLOYEE" shall mean a current or prospective officer or
employee of the Company or of any Subsidiary or Affiliate.
 
        (P)     "EXCHANGE ACT" shall mean the Securities Exchange Act of 1934,
as amended from time to time.
 
        (Q)     "FAIR MARKET VALUE" with respect to the Shares, shall mean, for
purposes of a grant of an Award as of any date, (i) the reported closing sales
price of the Shares on the NASDAQ Stock Market, or any other such market or
exchange as is the principal trading market for the Shares, on such date, or in
the absence of reported sales on such date, the closing sales price on the
immediately preceding date on which sales were reported or (ii) in the event
there is no public market for the Shares on such date, the fair market value as
determined, in good faith,
 
 
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by the Committee in its sole discretion, and for purposes of a sale of a Share
as of any date, the actual sales price on that date.
 
        (R)     "GOOD REASON" means (i) a material reduction in a Participant's
position, authority, duties or responsibilities, (ii) any reduction in a
Participant's annual base salary as in effect immediately prior to a Change in
Control; (iii) the relocation of the office at which the Participant is to
perform the majority of his or her duties following a Change in Control to a
location more than 30 miles from the location at which the Participant performed
such duties prior to the Change in Control; or (iv) the failure by the Company
or its successor to continue to provide the Participant with benefits
substantially similar in aggregate value to those enjoyed by the Participant
under any of the Company's pension, life insurance, medical, health and accident
or disability plans in which Participant was participating immediately prior to
a Change in Control, unless the Participant is offered participation in other
comparable benefit plans generally available to similarly situated employees of
the Company or its successor after the Change in Control.
 
        (S)     "INCENTIVE STOCK OPTION" shall mean an option to purchase Shares
from the Company that is granted under SECTION 6 of the Plan and that is
intended to meet the requirements of Section 422 of the Code or any successor
provision thereto.
 
        (T)     "NON-EMPLOYEE DIRECTOR" shall mean a member of the Board who is
not an officer or employee of the Company or any Subsidiary or Affiliate.
 
        (U)     "NON-QUALIFIED STOCK OPTION" shall mean an option to purchase
Shares from the Company that is granted under SECTIONS 6 or 10 of the Plan and
is not intended to be an Incentive Stock Option.
 
        (V)     "NORMAL RETIREMENT" shall mean, unless otherwise defined in the
applicable Award Agreement, retirement of a Participant from active employment
with the Company or any of its Subsidiaries or Affiliates on or after such
Participant's having reached the aged of 55 and ten years of service with the
Company.
 
        (W)     "OPTION" shall mean an Incentive Stock Option or a Non-Qualified
Stock Option.
 
        (X)     "OPTION PRICE" shall mean the purchase price payable to purchase
one Share upon the exercise of an Option.
 
        (Y)     "OTHER STOCK-BASED AWARD" shall mean any Award granted under
SECTIONS 9 or 10 of the Plan.
 
        (Z)     "OUTSIDE DIRECTOR" means, with respect to the grant of an Award,
a member of the Board then serving on the Committee.
 
 
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        (AA)    "PARTICIPANT" shall mean any Employee, Director, Consultant or
other person who receives an Award under the Plan.
 
        (BB)    "PERFORMANCE AWARD" shall mean any Award granted under SECTION 8
of the Plan.
 
        (CC)    "PERSON" shall mean any individual, corporation, partnership,
limited liability company, association, joint-stock company, trust,
unincorporated organization, government or political subdivision thereof or
other entity.
 
        (DD)    "RESTRICTED SHARE" shall mean any Share granted under SECTIONS 7
to 10 of the Plan.
 
        (EE)    "RESTRICTED SHARE UNIT" shall mean any unit granted under
SECTIONS 7 to 10 of the Plan.
 
        (FF)    "RETIREMENT" shall mean Normal Retirement or Early Retirement.
 
        (GG)    "SEC" shall mean the Securities and Exchange Commission or any
successor thereto.
 
        (HH)    "SECTION 16" shall mean Section 16 of the Exchange Act and the
rules promulgated thereunder and any successor provision thereto as in effect
from time to time.
 
        (II)    "SECTION 162(M)" shall mean Section 162(m) of the Code and the
regulations promulgated thereunder and any successor provision thereto as in
effect from time to time.
 
        (JJ)    "SHARES" shall mean shares of the common stock, $0.008 par
value, of the Company.
 
        (KK)    "STOCK APPRECIATION RIGHT" or "SAR" shall mean a stock
appreciation right granted under SECTIONS 6 or 10 of the Plan that entitles the
holder to receive, with respect to each Share encompassed by the exercise of
such SAR, the amount determined by the Committee and specified in an Award
Agreement. In the absence of such a determination, the holder shall be entitled
to receive, with respect to each Share encompassed by the exercise of such SAR,
the excess of the Fair Market Value on the date of exercise over the Fair Market
Value on the date of grant.
 
        (LL)    "SUBSIDIARY" shall mean any Person (other than the Company) of
which 50% or more of its voting power or its equity securities or equity
interest is owned directly or indirectly by the Company.
 
 
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        (MM)    "SUBSTITUTE AWARDS" shall mean Awards granted solely in
assumption of, or in substitution for, outstanding awards previously granted by
a company acquired by the Company or with which the Company combines.
 
SECTION 3.      ADMINISTRATION.
 
        3.1     AUTHORITY OF COMMITTEE. The Plan shall be administered by a
Committee of not less than two Non-Employee Directors, who shall be appointed by
and serve at the pleasure of the Board; provided, however, with respect to
Awards to Outside Directors, all references in the Plan to the Committee shall
be deemed to be references to the Board. The initial Committee shall be the
Compensation Committee of the Board. Subject to the terms of the Plan and
applicable law, and in addition to other express powers and authorizations
conferred on the Committee by the Plan, the Committee shall have full power and
authority in its discretion to: (i) designate Participants; (ii) determine the
type or types of Awards to be granted to a Participant; (iii) determine the
number of Shares to be covered by, or with respect to which payments, rights or
other matters are to be calculated in connection with Awards; (iv) determine the
timing, terms, and conditions of any Award; (v) accelerate the time at which all
or any part of an Award may be settled or exercised; (vi) determine whether, to
what extent, and under what circumstances Awards may be settled or exercised in
cash, Shares, other securities, other Awards or other property, or canceled,
forfeited or suspended and the method or methods by which Awards may be settled,
exercised, canceled, forfeited or suspended; (vii) determine whether, to what
extent, and under what circumstances cash, Shares, other securities, other
Awards, other property, and other amounts payable with respect to an Award shall
be deferred either automatically or at the election of the holder thereof or of
the Committee; (viii) interpret and administer the Plan and any instrument or
agreement relating to, or Award made under, the Plan; (ix) except to the extent
prohibited by SECTION 6.2, amend or modify the terms of any Award at or after
grant with the consent of the holder of the Award; (x) establish, amend, suspend
or waive such rules and regulations and appoint such agents as it shall deem
appropriate for the proper administration of the Plan; and (xi) make any other
determination and take any other action that the Committee deems necessary or
desirable for the administration of the Plan, subject to the exclusive authority
of the Board under SECTION 14 hereunder to amend or terminate the Plan.
 
        3.2     COMMITTEE DISCRETION BINDING. Unless otherwise expressly
provided in the Plan, all designations, determinations, interpretations, and
other decisions under or with respect to the Plan or any Award shall be within
the sole discretion of the Committee, may be made at any time and shall be
final, conclusive, and binding upon all Persons, including the Company, any
Subsidiary or Affiliate, any Participant and any holder or beneficiary of any
Award.
 
        3.3     ACTION BY THE COMMITTEE. The Committee shall select one of its
members as its Chairperson and shall hold its meetings at such times and places
and in such manner as it may determine. A majority of its members shall
constitute a quorum. All determinations of the Committee shall be made by not
less than a majority of its members. Any decision or determination reduced to
writing and signed by all of the members of the Committee shall be fully
effective as if it had been made by a majority vote at a meeting duly called and
held. The exercise of an Option or receipt of an Award shall be effective only
if an Award Agreement shall have been
 
 
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duly executed and delivered on behalf of the Company following the grant of the
Option or other Award. The Committee may appoint a Secretary and may make such
rules and regulations for the conduct of its business, as it shall deem
advisable.
 
        3.4     DELEGATION. Subject to the terms of the Plan and applicable law,
the Committee may delegate to one or more officers or managers of the Company or
of any Subsidiary or Affiliate, or to a Committee of such officers or managers,
the authority, subject to such terms and limitations as the Committee shall
determine, to grant Awards to or to cancel, modify or waive rights with respect
to, or to alter, discontinue, suspend or terminate Awards held by Participants
who are not officers or directors of the Company for purposes of Section 16 or
who are otherwise not subject to such Section.
 
        3.5     NO LIABILITY. No member of the Board or Committee shall be
liable for any action taken or determination made in good faith with respect to
the Plan or any Award granted hereunder.
 
SECTION 4.      SHARES AVAILABLE FOR AWARDS.
 
        4.1     SHARES AVAILABLE. Subject to the provisions of SECTION 4.2
hereof, the stock to be subject to Awards under the Plan shall be the Shares of
the Company and the maximum aggregate number of Shares with respect to which
Awards may be granted under the Plan shall be 3,000,000 (which includes 747,203
Shares with respect to which awards under the Company's 2000 Stock Incentive
Plan (the "2000 Plan") were authorized but not awarded), of which Shares with
respect to which Awards other than SARs and Options may be granted shall be no
more than 1,500,000. Notwithstanding the foregoing and subject to adjustment as
provided in SECTION 4.2, the maximum number of Shares with respect to which
Awards may be granted under the Plan shall be increased by the number of Shares
with respect to which Options or other Awards were granted under the 2000 Plan
as of the effective date of this Plan, but which terminate, expire unexercised
or are settled for cash, forfeited, withheld to satisfy withholding obligations
or cancelled without the delivery of Shares under the terms of the 2000 Plan
after the effective date of this Plan. If, after the effective date of the Plan,
any Shares covered by an Award granted under this Plan, or to which such an
Award relates, are forfeited, or if such an Award is settled for cash or
otherwise terminates, expires unexercised or is canceled without the delivery of
Shares, then the Shares covered by such Award, or to which such Award relates,
or the number of Shares otherwise counted against the aggregate number of Shares
with respect to which Awards may be granted, to the extent of any such
settlement, forfeiture, termination, expiration or cancellation, shall again
become Shares with respect to which Awards may be granted. In the event that any
Option or other Award granted hereunder is exercised through the delivery of
Shares or in the event that withholding tax liabilities arising from such Award
are satisfied by the withholding of Shares by the Company, the number of Shares
available for Awards under the Plan shall be increased by the number of Shares
so surrendered or withheld. Notwithstanding the foregoing and subject to
adjustment as provided in SECTION 4.2 hereof, no Participant may receive Options
or SARs under the Plan in any calendar year that, taken together, relate to more
than 250,000 Shares.
 
        4.2     ADJUSTMENTS. In the event that the Committee determines that any
dividend or other distribution (whether in the form of cash, Shares, other
securities or other property),
 
 
                                      A-7
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recapitalization, stock split, reverse stock split, reorganization, merger,
consolidation, split-up, spin-off, combination, repurchase or exchange of Shares
or other securities of the Company, issuance of warrants or other rights to
purchase Shares or other securities of the Company, or other similar corporate
transaction or event affects the Shares such that an adjustment is determined by
the Committee, in its sole discretion, to be appropriate, then the Committee
shall, in such manner as it may deem equitable (and, with respect to Incentive
Stock Options, in such manner as is consistent with Section 422 of the Code and
the regulations thereunder and with respect to Awards to Covered Officers, in
such a manner as is consistent with Section 162(m)): (i) adjust any or all of
(1) the aggregate number of Shares or other securities of the Company or its
successor (or number and kind of other securities or property) with respect to
which Awards may be granted under the Plan; (2) the number of Shares or other
securities of the Company or its successor (or number and kind of other
securities or property) subject to outstanding Awards under the Plan; (3) the
grant or exercise price with respect to any Award under the Plan, provided that
the number of shares subject to any Award shall always be a whole number; and
(4) the limits on the number of Shares that may be granted to Participants under
the Plan in any calendar year; (ii) if deemed appropriate, subject to Section
13, provide for an equivalent award in respect of securities of the surviving
entity of any merger, consolidation or other transaction or event having a
similar effect; or (iii) if deemed appropriate, make provision for a cash
payment to the holder of an outstanding Award.
 
        4.3     SUBSTITUTE AWARDS. Any Shares issued by the Company as
Substitute Awards in connection with the assumption or substitution of
outstanding grants from any acquired corporation shall not reduce the Shares
available for Awards under the Plan.
 
        4.4     SOURCES OF SHARES DELIVERABLE UNDER AWARDS. Any Shares delivered
pursuant to an Award may consist, in whole or in part, of authorized and
unissued Shares or of issued Shares which have been reacquired by the Company.
 
SECTION 5.      ELIGIBILITY.
 
        Any Employee, Director or Consultant shall be eligible to be designated
a Participant; provided, however, that Outside Directors shall only be eligible
to receive Awards granted consistent with SECTION 10.
 
SECTION 6.      STOCK OPTIONS AND STOCK APPRECIATION RIGHTS.
 
        6.1     GRANT. Subject to the provisions of the Plan, the Committee
shall have sole and complete authority to determine the Participants to whom
Options and SARs shall be granted, the number of Shares subject to each Award,
the exercise price and the conditions and limitations applicable to the exercise
of each Option and SAR. An Option may be granted with or without a related SAR.
An SAR may be granted with or without a related Option. The Committee shall have
the authority to grant Incentive Stock Options, or to grant Non-Qualified Stock
Options, or to grant both types of Options. In the case of Incentive Stock
Options, the terms and conditions of such grants shall be subject to and comply
with such rules as may be prescribed by Section 422 of the Code, as from time to
time amended, and any regulations implementing such statute. A person who has
been granted an Option or SAR under this Plan may be granted additional Options
or SARs
 
 
                                      A-8
<PAGE>
 
under the Plan if the Committee shall so determine; provided, however, that to
the extent the aggregate Fair Market Value (determined at the time the Incentive
Stock Option is granted) of the Shares with respect to which all Incentive Stock
Options are exercisable for the first time by an Employee during any calendar
year (under all plans described in subsection (d) of Section 422 of the Code of
the Employee's employer corporation and its parent and Subsidiaries) exceeds
$100,000, such Options shall be treated as Non-Qualified Stock Options.
 
        6.2     PRICE. The Committee in its sole discretion shall establish the
Option Price at the time each Option is granted. Except in the case of
Substitute Awards, the Option Price of an Option may not be less than one
hundred percent (100%) of the Fair Market Value of the Shares with respect to
which the Option is granted on the date of grant of such Option. Notwithstanding
the foregoing and except as permitted by the provisions of SECTION 4.2 and
SECTION 14 hereof, the Committee shall not have the power to (i) amend the terms
of previously granted Options to reduce the Option Price of such Options, or
(ii) cancel such Options and grant substitute Options with a lower Option Price
than the cancelled Options. Except with respect to Substitute Awards, SARs may
not be granted at a price less than the Fair Market Value of a Share on the date
of grant.
 
        6.3     TERM. Subject to the Committee's authority under SECTION 3.1 and
the provisions of SECTION 6.6, each Option and SAR and all rights and
obligations thereunder shall expire on the date determined by the Committee and
specified in the Award Agreement. The Committee shall be under no duty to
provide terms of like duration for Options or SARs granted under the Plan.
Notwithstanding the foregoing, no Option or SAR shall be exercisable after the
expiration of ten (10) years from the date such Option or SAR was granted.
 
        6.4     EXERCISE.
 
                (a)     Each Option and SAR shall be exercisable at such times
        and subject to such terms and conditions as the Committee may, in its
        sole discretion, specify in the applicable Award Agreement or
        thereafter. The Committee shall have full and complete authority to
        determine, subject to Section 6.6 herein, whether an Option or SAR will
        be exercisable in full at any time or from time to time during the term
        of the Option or SAR, or to provide for the exercise thereof in such
        installments, upon the occurrence of such events and at such times
        during the term of the Option or SAR as the Committee may determine.
 
                (b)     The Committee may impose such conditions with respect to
        the exercise of Options, including without limitation, any relating to
        the application of federal, state or foreign securities laws or the
        Code, as it may deem necessary or advisable. The exercise of any Option
        granted hereunder shall be effective only at such time as the sale of
        Shares pursuant to such exercise will not violate any state or federal
        securities or other laws.
 
                (c)     An Option or SAR may be exercised in whole or in part at
        any time, with respect to whole Shares only, within the period permitted
        thereunder for the exercise thereof, and shall be exercised by written
        notice of intent to exercise the Option or SAR, delivered to the Company
        at its principal office, and payment in full to the Company at the
 
 
                                      A-9
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        direction of the Committee of the amount of the Option Price for the
        number of Shares with respect to which the Option is then being
        exercised.
 
                (d)     Payment of the Option Price shall be made in cash or
        cash equivalents, or, at the discretion of the Committee, (i) by
        transfer, either actually or by attestation, to the Company of Shares
        that have been held by the Participant for at least six (6) months (or
        such lesser period as may be permitted by the Committee), valued at the
        Fair Market Value of such Shares on the date of exercise (or next
        succeeding trading date, if the date of exercise is not a trading date),
        together with any applicable withholding taxes, such transfer to be upon
        such terms and conditions as determined by the Committee, or (ii) by a
        combination of such cash (or cash equivalents) and such Shares;
        provided, however, that the optionee shall not be entitled to tender
        Shares pursuant to successive, substantially simultaneous exercises of
        an Option or any other stock option of the Company. Subject to
        applicable securities laws and Company policy, the Company may permit an
        Option to be exercised by delivering a notice of exercise of the Option
        and simultaneously selling the Shares thereby acquired, pursuant to a
        brokerage or similar agreement approved in advance by proper officers of
        the Company, using the proceeds of such sale as payment of the Option
        Price, together with any applicable withholding taxes. Until the
        optionee has been issued the Shares subject to such exercise, he or she
        shall possess no rights as a shareholder with respect to such Shares.
 
                (e)     At the Committee's discretion, the amount payable as a
        result of the exercise of an SAR may be settled in cash, Shares or a
        combination of cash and Shares. A fractional Share shall not be
        deliverable upon the exercise of a SAR but a cash payment will be made
        in lieu thereof.
 
        6.6     TEN PERCENT STOCK RULE. Notwithstanding any other provisions in
the Plan, if at the time an Option is otherwise to be granted pursuant to the
Plan, the optionee or rights holder owns directly or indirectly (within the
meaning of Section 424(d) of the Code) Shares of the Company possessing more
than ten percent (10%) of the total combined voting power of all classes of
Stock of the Company or its parent or Subsidiary or Affiliate corporations
(within the meaning of Section 422(b)(6) of the Code), then any Incentive Stock
Option to be granted to such optionee or rights holder pursuant to the Plan
shall satisfy the requirement of Section 422(c)(5) of the Code, and the Option
Price shall be not less than one hundred ten percent (110%) of the Fair Market
Value of the Shares of the Company, and such Option by its terms shall not be
exercisable after the expiration of five (5) years from the date such Option is
granted.
 
SECTION 7.      RESTRICTED SHARES AND RESTRICTED SHARE UNITS.
 
        7.1     GRANT.
 
                (a)     Subject to the provisions of the Plan, the Committee
        shall have sole and complete authority to determine the Participants to
        whom Restricted Shares and Restricted Share Units shall be granted, the
        number of Restricted Shares and/or the number of Restricted Share Units
        to be granted to each Participant, the duration of the period during
 
 
                                      A-10
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        which, and the conditions under which, the Restricted Shares and
        Restricted Share Units may be forfeited to the Company, and the other
        terms and conditions of such Awards. The Restricted Share and Restricted
        Share Unit Awards shall be evidenced by Award Agreements in such form as
        the Committee shall from time to time approve, which agreements shall
        comply with and be subject to the terms and conditions provided
        hereunder and any additional terms and conditions established by the
        Committee that are consistent with the terms of the Plan.
 
                (b)     Each Restricted Share and Restricted Share Unit Award
        made under the Plan shall be for such number of Shares as shall be
        determined by the Committee and set forth in the Award Agreement
        containing the terms of such Restricted Share or Restricted Share Unit
        Award. Such agreement shall set forth a period of time during which the
        grantee must remain in the continuous employment of the Company in order
        for the forfeiture and transfer restrictions to lapse. If the Committee
        so determines, the restrictions may lapse during such restricted period
        in installments with respect to specified portions of the Shares covered
        by the Restricted Share or Restricted Share Unit Award. The Award
        Agreement may also, in the discretion of the Committee, set forth
        performance or other conditions that will subject the Shares to
        forfeiture and transfer restrictions. The Committee may, at its
        discretion, waive all or any part of the restrictions applicable to any
        or all outstanding Restricted Share and Restricted Share Unit Awards.
 
        7.2     DELIVERY OF SHARES AND TRANSFER RESTRICTIONS. At the time of a
Restricted Share Award, a certificate representing the number of Shares awarded
thereunder shall be registered in the name of the grantee. Such certificate
shall be held by the Company or any custodian appointed by the Company for the
account of the grantee subject to the terms and conditions of the Plan, and
shall bear such a legend setting forth the restrictions imposed thereon as the
Committee, in its discretion, may determine. Unless otherwise provided in the
applicable Award Agreement, the grantee shall have all rights of a shareholder
with respect to the Restricted Shares, including the right to receive dividends
and the right to vote such Shares, subject to the following restrictions: (i)
the grantee shall not be entitled to delivery of the stock certificate until the
expiration of the restricted period and the fulfillment of any other restrictive
conditions set forth in the Award Agreement with respect to such Shares; (ii)
none of the Shares may be sold, assigned, transferred, pledged, hypothecated or
otherwise encumbered or disposed of during such restricted period or until after
the fulfillment of any such other restrictive conditions; and (iii) except as
otherwise determined by the Committee at or after grant, all of the Shares shall
be forfeited and all rights of the grantee to such Shares shall terminate,
without further obligation on the part of the Company, unless the grantee
remains in the continuous employment of the Company for the entire restricted
period in relation to which such Shares were granted and unless any other
restrictive conditions relating to the Restricted Share Award are met. Unless
otherwise provided in the applicable Award Agreement, any Shares, any other
securities of the Company and any other property (except for cash dividends)
distributed with respect to the Shares subject to Restricted Share Awards shall
be subject to the same restrictions, terms and conditions as such Restricted
Shares.
 
        7.3     TERMINATION OF RESTRICTIONS. At the end of the restricted period
and provided that any other restrictive conditions of the Restricted Share Award
are met, or at such earlier time as
 
 
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otherwise determined by the Committee, all restrictions set forth in the Award
Agreement relating to the Restricted Share Award or in the Plan shall lapse as
to the restricted Shares subject thereto, and a stock certificate for the
appropriate number of Shares, free of the restrictions and restricted stock
legend, shall be delivered to the Participant or the Participant's beneficiary
or estate, as the case may be.
 
        7.4     PAYMENT OF RESTRICTED SHARE UNITS. Each Restricted Share Unit
shall have a value equal to the Fair Market Value of a Share. Restricted Share
Units shall be paid in cash, Shares, other securities or other property, as
determined in the sole discretion of the Committee, upon the lapse of the
restrictions applicable thereto, or otherwise in accordance with the applicable
Award Agreement. Unless otherwise provided in the applicable Award Agreement, a
Participant shall receive dividend rights in respect of any vested Restricted
Stock Units at the time of any payment of dividends to shareholders on Shares.
The amount of any such dividend right shall equal the amount that would be
payable to the Participant as a shareholder in respect of a number of Shares
equal to the number of vested Restricted Stock Units then credited to the
Participant. Any such dividend right shall be paid in accordance with the
Company's payment practices as may be established from time to time and as of
the date on which such dividend would have been payable in respect of
outstanding Shares. No dividend equivalents shall be paid in respect of
Restricted Share Units that are not yet vested. Except as otherwise determined
by the Committee at or after grant, Restricted Share Units may not be sold,
assigned, transferred, pledged, hypothecated or otherwise encumbered or disposed
of, and all Restricted Share Units and all rights of the grantee to such
Restricted Share Units shall terminate, without further obligation on the part
of the Company, unless the grantee remains in continuous employment of the
Company for the entire restricted period in relation to which such Restricted
Share Units were granted and unless any other restrictive conditions relating to
the Restricted Share Unit Award are met.
 
SECTION 8.      PERFORMANCE AWARDS.
 
        8.1     GRANT. The Committee shall have sole and complete authority to
determine the Participants who shall receive a Performance Award, which shall
consist of a right that is (i) denominated in cash or Shares (including but not
limited to Restricted Shares and Restricted Share Units), (ii) valued, as
determined by the Committee, in accordance with the achievement of such
performance goals during such performance periods as the Committee shall
establish, and (iii) payable at such time and in such form as the Committee
shall determine.
 
        8.2     TERMS AND CONDITIONS. Subject to the terms of the Plan and any
applicable Award Agreement, the Committee shall determine the performance goals
to be achieved during any performance period, the length of any performance
period, the amount of any Performance Award and the amount and kind of any
payment or transfer to be made pursuant to any Performance Award, and may amend
specific provisions of the Performance Award; provided, however, that such
amendment may not adversely affect existing Performance Awards made within a
performance period commencing prior to implementation of the amendment.
 
        8.3     PAYMENT OF PERFORMANCE AWARDS. Performance Awards may be paid in
a lump sum or in installments following the close of the performance period or,
in accordance with the
 
 
                                      A-12
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procedures established by the Committee, on a deferred basis. Termination of
employment prior to the end of any performance period, other than for reasons of
death or Disability, will result in the forfeiture of the Performance Award, and
no payments will be made. A Participant's rights to any Performance Award may
not be sold, assigned, transferred, pledged, hypothecated or otherwise
encumbered or disposed of in any manner, except by will or the laws of descent
and distribution, and/or except as the Committee may determine at or after
grant.
 
SECTION 9.      OTHER STOCK-BASED AWARDS.
 
        The Committee shall have the authority to determine the Participants who
shall receive an Other Stock-Based Award, which shall consist of any right that
is (i) not an Award described in SECTIONS 6 and 7 above and (ii) an Award of
Shares or an Award denominated or payable in, valued in whole or in part by
reference to, or otherwise based on or related to, Shares (including, without
limitation, securities convertible into Shares), as deemed by the Committee to
be consistent with the purposes of the Plan. Subject to the terms of the Plan
and any applicable Award Agreement, the Committee shall determine the terms and
conditions of any such Other Stock-Based Award.
 
SECTION 10.     NON-EMPLOYEE DIRECTOR AND OUTSIDE DIRECTOR AWARDS.
 
        10.1    The Board may provide that all or a portion of a Non-Employee
Director's annual retainer, meeting fees and/or other awards or compensation as
determined by the Board, be payable (either automatically or at the election of
a Non-Employee Director) in the form of Non-Qualified Stock Options, Restricted
Shares, Restricted Share Units and/or Other Stock-Based Awards, including
unrestricted Shares. The Board shall determine the terms and conditions of any
such Awards, including the terms and conditions which shall apply upon a
termination of the Non-Employee Director's service as a member of the Board, and
shall have full power and authority in its discretion to administer such Awards,
subject to the terms of the Plan and applicable law.
 
        10.2    The Board may also grant Awards to Outside Directors pursuant to
the terms of the Plan, including any Award described in SECTIONS 6, 7 and 9
above. With respect to such Awards, all references in the Plan to the Committee
shall be deemed to be references to the Board.
 
SECTION 11.     PROVISIONS APPLICABLE TO COVERED OFFICERS AND PERFORMANCE
                AWARDS.
 
        11.1    Notwithstanding anything in the Plan to the contrary, unless the
Committee determines that a Performance Award to be granted to a Covered Officer
should not qualify as "performance-based compensation" for purposes of Section
162(m), Performance Awards granted to Covered Officers shall be subject to the
terms and provisions of this SECTION 11.
 
        11.2    The Committee may grant Performance Awards to Covered Officers
based solely upon the attainment of performance targets related to one or more
performance goals selected by the Committee from among the goals specified
below. For the purposes of this SECTION 11, performance goals shall be limited
to one or more of the following Company, Subsidiary, operating unit, business
segment or division financial performance measures:
 
 
                                      A-13
<PAGE>
 
                (a)     earnings before interest, taxes, depreciation and/or
                        amortization;
 
                (b)     operating income or profit;
 
                (c)     operating efficiencies;
 
                (d)     return on equity, assets, capital, capital employed or
                        investment;
 
                (e)     after tax operating income;
 
                (f)     net income;
 
                (g)     earnings or book value per Share;
 
                (h)     cash flow(s);
 
                (i)     total sales or revenues or sales or revenues per
                        employee;
 
                (j)     production (separate work units or SWUs);
 
                (k)     stock price or total shareholder return;
 
                (l)     dividends;
 
                (m)     debt reduction;
 
                (n)     strategic business objectives, consisting of one or more
                        objectives based on meeting specified cost targets,
                        business expansion goals and goals relating to
                        acquisitions or divestitures; or
 
                (o)     any combination thereof.
 
Each goal may be expressed on an absolute and/or relative basis, may be based on
or otherwise employ comparisons based on internal targets, the past performance
of the Company or any Subsidiary, operating unit, business segment or division
of the Company and/or the past or current performance of other companies, and in
the case of earnings-based measures, may use or employ comparisons relating to
capital, shareholders' equity and/or Shares outstanding, or to assets or net
assets. The Committee may appropriately adjust any evaluation of performance
under criteria set forth in this SECTION 11.2 to exclude any of the following
events that occurs during a performance period: (i) asset write-downs, (ii)
litigation or claim judgments or settlements, (iii) the effect of changes in tax
law, accounting principles or other such laws or provisions affecting reported
results, (iv) accruals for reorganization and restructuring programs and (v) any
extraordinary non-recurring items as described in Accounting Principles Board
Opinion No. 30 and/or in management's discussion and analysis of financial
condition and results of operations appearing in the Company's annual report to
shareholders for the applicable year.
 
 
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<PAGE>
 
        11.3    With respect to any Covered Officer, the maximum annual number
of Shares in respect of which all Performance Awards may be granted under
SECTION 8 of the Plan is 250,000 and the maximum amount of all Performance
Awards that are settled in cash and that may be granted under SECTION 8 of the
Plan in any year is $5,000,000.
 
        11.4    To the extent necessary to comply with Section 162(m), with
respect to grants of Performance Awards, no later than 90 days following the
commencement of each performance period (or such other time as may be required
or permitted by Section 162(m) of the Code), the Committee shall, in writing,
(1) select the performance goal or goals applicable to the performance period,
(2) establish the various targets and bonus amounts which may be earned for such
performance period, and (3) specify the relationship between performance goals
and targets and the amounts to be earned by each Covered Officer for such
performance period. Following the completion of each performance period, the
Committee shall certify in writing whether the applicable performance targets
have been achieved and the amounts, if any, payable to Covered Officers for such
performance period. In determining the amount earned by a Covered Officer for a
given performance period, subject to any applicable Award Agreement, the
Committee shall have the right to reduce (but not increase) the amount payable
at a given level of performance to take into account additional factors that the
Committee may deem relevant in its sole discretion to the assessment of
individual or corporate performance for the performance period.
 
        11.5    Unless otherwise expressly stated in the relevant Award
Agreement, each Award granted to a Covered Officer under the Plan is intended to
be performance-based compensation within the meaning of Section 162(m).
Accordingly, unless otherwise determined by the Committee, if any provision of
the Plan or any Award Agreement relating to such an Award does not comply or is
inconsistent with Section 162(m), such provision shall be construed or deemed
amended to the extent necessary to conform to such requirements, and no
provision shall be deemed to confer upon the Committee discretion to increase
the amount of compensation otherwise payable to a Covered Officer in connection
with any such Award upon the attainment of the performance criteria established
by the Committee.
 
SECTION 12.     TERMINATION OF EMPLOYMENT.
 
        The Committee shall have the full power and authority to determine the
terms and conditions that shall apply to any Award upon a termination of
employment with the Company, its Subsidiaries and Affiliates, including a
termination by the Company with or without Cause, by a Participant voluntarily,
or by reason of death, Disability, Early Retirement or Retirement, and may
provide such terms and conditions in the Award Agreement or in such rules and
regulations as it may prescribe.
 
SECTION 13.     CHANGE IN CONTROL.
 
        Notwithstanding any other provision of the Plan, unless otherwise
provided in an Award Agreement or other contractual agreement between the
Company and a Participant, if, within one year following a Change in Control, a
Participant's employment with the Company (or its
 
 
                                      A-15
<PAGE>
 
successor) is terminated by reason of (a) death; (b) disability; (c) Normal
Retirement or Early Retirement; (d) for Good Reason by the Participant; or (e)
involuntary termination by the Company for any reason other than for Cause, all
outstanding Awards of such Participant shall vest, become immediately
exercisable and payable and have all restrictions lifted.
 
SECTION 14.     AMENDMENT AND TERMINATION.
 
        14.1    AMENDMENTS TO THE PLAN. The Board may amend, alter, suspend,
discontinue or terminate the Plan or any portion thereof at any time; provided
that no such amendment, alteration, suspension, discontinuation or termination
shall be made without shareholder approval if such approval is necessary to
comply with any tax or regulatory requirement for which or with which the Board
deems it necessary or desirable to comply.
 
        14.2    AMENDMENTS TO AWARDS. Subject to the restrictions of SECTION
6.2, the Committee may waive any conditions or rights under, amend any terms of
or alter, suspend, discontinue, cancel or terminate, any Award theretofore
granted, prospectively or retroactively; provided that any such waiver,
amendment, alteration, suspension, discontinuance, cancellation or termination
that would materially and adversely affect the rights of any Participant or any
holder or beneficiary of any Award theretofore granted shall not to that extent
be effective without the consent of the affected Participant, holder or
beneficiary.
 
        14.3    ADJUSTMENTS OF AWARDS UPON THE OCCURRENCE OF CERTAIN UNUSUAL OR
NONRECURRING EVENTS. The Committee is hereby authorized to make adjustments in
the terms and conditions of, and the criteria included in, Awards in recognition
of unusual or nonrecurring events (including, without limitation, the events
described in SECTION 4.2 hereof) affecting the Company, any Subsidiary or
Affiliate, or the financial statements of the Company or any Subsidiary or
Affiliate, 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.
 
SECTION 15.     GENERAL PROVISIONS.
 
        15.1    LIMITED TRANSFERABILITY OF AWARDS. Except as otherwise provided
in the Plan, no Award shall be assigned, alienated, pledged, attached, sold or
otherwise transferred or encumbered by a Participant, except by will or the laws
of descent and distribution. No transfer of an Award by will or by laws of
descent and distribution shall be effective to bind the Company unless the
Company shall have been furnished with written notice thereof and an
authenticated copy of the will and/or such other evidence as the Committee may
deem necessary or appropriate to establish the validity of the transfer.
 
        15.2    DIVIDEND EQUIVALENTS. In the sole and complete discretion of the
Committee, an Award may provide the Participant with dividends or dividend
equivalents, payable in cash, Shares, other securities or other property on a
current or deferred basis. All dividend or dividend equivalents which are not
paid currently may, at the Committee's discretion, accrue interest, be
reinvested into additional Shares, or, in the case of dividends or dividend
equivalents credited in
 
 
                                      A-16
<PAGE>
 
connection with Performance Awards, be credited as additional Performance Awards
and paid to the Participant if and when, and to the extent that, payment is made
pursuant to such Award. The total number of Shares available for grant under
SECTION 4 shall not be reduced to reflect any dividends or dividend equivalents
that are reinvested into additional Shares or credited as Performance Awards.
 
        15.3.   COMPLIANCE WITH SECTION 409A OF THE CODE. No Award (or
modification thereof) shall provide for deferral of compensation that does not
comply with Section 409A of the Code unless the Committee, at the time of grant,
specifically provides that the Award is not intended to comply with Section 409A
of the Code. Notwithstanding any provision of this Plan to the contrary, if one
or more of the payments or benefits received or to be received by a Participant
pursuant to an Award would cause the Participant to incur any additional tax or
interest under Section 409A of the Code, the Committee may reform such provision
to maintain to the maximum extent practicable the original intent of the
applicable provision without violating the provisions of section 409A of the
Code.
 
        15.4    NO RIGHTS TO AWARDS. No Person shall have any claim to be
granted any Award, and there is no obligation for uniformity of treatment of
Participants or holders or beneficiaries of Awards. The terms and conditions of
Awards need not be the same with respect to each Participant.
 
        15.5    SHARE CERTIFICATES. All certificates for Shares or other
securities of the Company or any Subsidiary or Affiliate delivered under the
Plan pursuant to any Award or the exercise thereof shall be subject to such stop
transfer orders and other restrictions as the Committee may deem advisable under
the Plan or the rules, regulations and other requirements of the SEC or any
state securities commission or regulatory authority, any stock exchange or other
market upon which such Shares or other securities are then listed, and any
applicable Federal or state laws, and the Committee may cause a legend or
legends to be put on any such certificates to make appropriate reference to such
restrictions.
 
        15.6    WITHHOLDING. A Participant may be required to pay to the Company
or any Subsidiary or Affiliate and the Company or any Subsidiary or Affiliate
shall have the right and is hereby authorized to withhold from any Award, from
any payment due or transfer made under any Award or under the Plan, or from any
compensation or other amount owing to a Participant the amount (in cash, Shares,
other securities, other Awards or other property) of any applicable withholding
or other tax-related obligations in respect of an Award, its exercise or any
other transaction involving an Award, or any payment or transfer under an Award
or under the Plan and to take such other action as may be necessary in the
opinion of the Company to satisfy all obligations for the payment of such taxes.
The Committee may provide for additional cash payments to holders of Options to
defray or offset any tax arising from the grant, vesting, exercise or payment of
any Award.
 
        15.7    AWARD AGREEMENTS. Each Award hereunder shall be evidenced by an
Award Agreement that shall be delivered to the Participant and may specify the
terms and conditions of the Award and any rules applicable thereto. In the event
of a conflict between the terms of the
 
 
                                      A-17
<PAGE>
 
Plan and any Award Agreement, the terms of the Plan shall prevail. The Committee
shall, subject to applicable law, determine the date an Award is deemed to be
granted. The Committee or, except to the extent prohibited under applicable law,
its delegate(s) may establish the terms of agreements or other documents
evidencing Awards under this Plan and may, but need not, require as a condition
to any such agreement's or document's effectiveness that such agreement or
document be executed by the Participant, including by electronic signature or
other electronic indication of acceptance, and that such Participant agree to
such further terms and conditions as specified in such agreement or document.
The grant of an Award under this Plan shall not confer any rights upon the
Participant holding such Award other than such terms, and subject to such
conditions, as are specified in this Plan as being applicable to such type of
Award (or to all Awards) or as are expressly set forth in the agreement or other
document evidencing such Award.
 
        15.8    NO LIMIT ON OTHER COMPENSATION ARRANGEMENTS. Nothing contained
in the Plan shall prevent the Company or any Subsidiary or Affiliate from
adopting or continuing in effect other compensation arrangements, which may, but
need not, provide for the grant of Options, Restricted Shares, Restricted Share
Units, Other Stock-Based Awards or other types of Awards provided for hereunder.
 
        15.9    NO RIGHT TO EMPLOYMENT. The grant of an Award shall not be
construed as giving a Participant the right to be retained in the employ of the
Company or any Subsidiary or Affiliate. Further, the Company or a Subsidiary or
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 an
Award Agreement.
 
        15.10   NO RIGHTS AS SHAREHOLDER. Subject to the provisions of the Plan
and the applicable Award Agreement, no Participant or holder or beneficiary of
any Award shall have any rights as a shareholder with respect to any Shares to
be distributed under the Plan until such person has become a holder of such
Shares. Notwithstanding the foregoing, in connection with each grant of
Restricted Shares hereunder, the applicable Award Agreement shall specify if and
to what extent the Participant shall not be entitled to the rights of a
shareholder in respect of such Restricted Shares.
 
        15.11   GOVERNING LAW. The validity, construction and effect of the Plan
and any rules and regulations relating to the Plan and any Award Agreement shall
be determined in accordance with the laws of the State of Tennessee without
giving effect to conflicts of laws principles.
 
        15.12   SEVERABILITY. If any provision of the Plan or any Award 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 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 or Award and the remainder of the Plan
and any such Award shall remain in full force and effect.
 
 
                                      A-18
<PAGE>
 
        15.13   OTHER LAWS. The Committee may refuse to issue or transfer any
Shares or other consideration under an Award if, acting in its sole discretion,
it determines that the issuance or transfer of such Shares or such other
consideration might violate any applicable law or regulation (including
applicable non-U.S. laws or regulations) or entitle the Company to recover the
same under Exchange Act Section 16(b), and any payment tendered to the Company
by a Participant, other holder or beneficiary in connection with the exercise of
such Award shall be promptly refunded to the relevant Participant, holder or
beneficiary.
 
        15.14   NO TRUST OR FUND CREATED. Neither the Plan nor any Award shall
create or be construed to create a trust or separate fund of any kind or a
fiduciary relationship between the Company or any Subsidiary or 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 Subsidiary or Affiliate pursuant to
an Award, such right shall be no greater than the right of any unsecured general
creditor of the Company or any Subsidiary or Affiliate.
 
        15.15   NO FRACTIONAL SHARES. No fractional Shares shall be issued or
delivered pursuant to the Plan or any Award, and the Committee shall determine
whether cash, other securities or other property shall be paid or transferred in
lieu of any fractional Shares or whether such fractional Shares or any rights
thereto shall be canceled, terminated or otherwise eliminated.
 
        15.16   HEADINGS. 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.
 
SECTION 16.     TERM OF THE PLAN.
 
        16.1    EFFECTIVE DATE. The Plan shall be effective as of May 4, 2006
(the "Effective Date") provided it has been approved by the Board and by the
Company's shareholders.
 
        16.2    EXPIRATION DATE. No new Awards shall be granted under the Plan
after the tenth (10th) anniversary of the Effective Date. Unless otherwise
expressly provided in the Plan or in an applicable Award Agreement, any Award
granted hereunder may, and the authority of the Board or the Committee to amend,
alter, adjust, suspend, discontinue or terminate any such Award or to waive any
conditions or rights under any such Award shall, continue after the tenth (10th)
anniversary of the Effective Date.