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Unfunded Status of Plan. It is intended that this Plan be an “unfunded” plan for incentive and deferred compensation. The Administrator may authorize the creation of trusts or other arrangements to meet the obligations created under this Plan to deliver Stock or make payments, provided that, unless the Administrator otherwise determines, the existence of such trusts or other arrangements is consistent with the “unfunded” status of this Plan.

Unfunded Status of the Plan. ItThe Plan is intended that this Plan beto constitute an “unfunded” plan for incentive and deferred compensation. The AdministratorWith respect to any payments not yet made to a Participant by the Company, nothing contained herein shall give any such Participant any rights that are greater than those of a general creditor of the Company. In its sole discretion, the Committee may authorize the creation of trusts or other arrangements to meet the obligations created under thisthe Plan to deliver Stockthe Shares or make payments, provided that, unless the Administrator otherwise determines,payments in lieu of or with respect to Awards hereunder; provided, however, that the existence of such trusts or other arrangements is consistent with the “unfunded”unfunded status of thisthe Plan.

Unfunded Status of Plan. ItThe Plan is intended that this Plan beto constitute an “unfunded”"unfunded" plan for incentive and deferred compensation. The Administrator may authorizeWith respect to any payments as to which a Participant has a fixed and vested interest but which are not yet made to a Participant by the creationCompany, nothing contained herein shall give any such Participant any rights that are greater than those of trusts or other arrangements to meeta general unsecured creditor of the obligations created under this Plan to deliver Stock or make payments, provided that, unless the Administrator otherwise determines, the existence of such trusts or other arrangements is consistent with the “unfunded” status of this Plan.Company.

Unfunded Status of the Plan. ItThe Plan is intended that this Plan beto constitute an “unfunded” plan for incentive and deferred compensation. The AdministratorWith respect to any payments not yet made to a Participant by the Company, nothing contained herein shall give any such Participant any rights that are greater than those of a general creditor of the Company. In its sole discretion, the Committee may authorize the creation of trusts or other arrangements to meet the obligations created under thisthe Plan to deliver Stockthe Shares or make payments, provided that, unless the Administrator otherwise determines,payments in lieu of or with respect to Awards hereunder; provided, however, that the existence of such trusts or other arrangements is consistent with the “unfunded”unfunded status of thisthe Plan.

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