Form of Distributions. All distributions of a Participant’s Deferred Compensation Account under the Plan shall be made in cash. Except as provided in [Section 6(f)], all distributions of a Participant’s Deferred Stock Account shall be paid in Shares, at which time the Shares shall be issued or transferred from the books of the Company to the Participant. All Shares to be issued or transferred hereunder may be newly issued or treasury shares. Fractional Shares shall not be issued or transferred to a Participant, provided that in the case of a final payment under the Plan with respect to a Participant, any fraction remaining in the Participant’s Deferred Stock Account shall be rounded up to the next whole Share and that number of whole Shares shall be issued or transferred. The value of the Deferred Stock Account is calculated with reference to the closing price of Shares on the last trading day of the prior Plan Year.

Forml. Method of Distributions.Payment. All distributions ofpayments to a Participant’Participant (or to a Participant's Beneficiary) with respect to the Participant's Deferred Compensation Account under the Plan shall be madepaid in cash. Except as provided in [Section 6(f)],Section 8.5, all distributions ofpayments to a Participant’Participant (or to a Participant's Deferred StockBeneficiary) with respect to the Participant's Share Account shall be paid in Shares, at which time the Shares shall be issued or transferred fromon the books of the Company to the Participant.Company. All Shares to be issued or transferred hereunder may be newly issued or treasury shares. Fractional Shares shall not be issued or transferred to a Participant, provided that in the case of a final payment under the Plan with respect to a Participant, any fraction remaining in the Participant’Participant's Deferred StockShare Account shall be rounded up to the next whole Share and that number of whole Shares shall be issued or transferred. The value ofIf Shares are not traded on the DeferredNew York Stock Account is calculated with reference to the closing priceExchange on any day on which a payment of Shares is to be made under the Plan, then that payment shall be made on the last tradingnext day ofon which Shares are traded on the prior Plan Year. New York Stock Exchange.