<SUBMISSION>
<ACCESSION-NUMBER>0000950137-05-012901
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20051021
<ITEMS>1.01
<ITEMS>9.01
<FILING-DATE>20051026
<DATE-OF-FILING-DATE-CHANGE>20051026
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>QUALCOMM INC/DE
<CIK>0000804328
<ASSIGNED-SIC>3663
<IRS-NUMBER>953685934
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>0930
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-19528
<FILM-NUMBER>051156932
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>5775 MOREHOUSE DR
<CITY>SAN DIEGO
<STATE>CA
<ZIP>92121
<PHONE>8585871121
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>5775 MOREHOUSE DR
<CITY>SAN DIEGO
<STATE>CA
<ZIP>92121
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a13737e8vk.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD>
<TITLE>QUALCOMM Incorporated</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section&nbsp;13 or 15(d) of<BR>
The Securities Exchange Act of 1934</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Date
of Report (Date of earliest event reported) <U>October&nbsp;21,
2005</U></B></DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><FONT style="border-bottom: 1px solid #000000"><B>QUALCOMM
INCORPORATED</B></FONT>
</DIV>



<DIV align="center" style="font-size: 10pt">(Exact name of registrant as specified in its charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top">Delaware
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">000-19528
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">95-3685934</TD>
</TR>
<TR style="font-size: 1px">
    <TD colspan="5" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or other jurisdiction
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Commission
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(IRS Employer</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">of incorporation)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">File Number)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Identification No.)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top">5775 Morehouse Drive, San Diego, CA
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">92121</TD>
</TR>
<TR style="font-size: 1px">
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(Address of principal executive offices)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Zip Code)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">Registrant&#146;s telephone number, including area code <U>(858)&nbsp;587-1121 </U>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">Not Applicable<BR>
<DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>

<DIV align="center" style="font-size: 10pt">(Former name or former address, if changed since last report.)</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Check the appropriate box below if the Form&nbsp;8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><FONT face="Wingdings">&#111;</FONT> Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><FONT face="Wingdings">&#111;</FONT> Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
</DIV>


<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>





<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<!-- TOC -->
<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

<P><CENTER>
<TABLE border="0" width="90%" cellpadding="0" cellspacing="0">
<TR>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="76%"></TD>
</TR>
<TR><TD colspan="9"><A HREF="#000">Item&nbsp;1.01 Entry into a Material Definitive Agreement</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001">Item&nbsp;9.01 Financial Statements and Exhibits</A></TD></TR>
<TR><TD colspan="9"><A HREF="#002">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#003">Exhibit Index</A></TD></TR>
<TR><TD colspan="9"><A HREF="a13737exv99w1.htm">EXHIBIT 99.1</A></TD></TR>
</TABLE>
</CENTER>
<!-- /TOC -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>




<!-- link1 "Item&nbsp;1.01 Entry into a Material Definitive Agreement" -->
<DIV align="left"><A NAME="000"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;1.01 Entry into a Material Definitive Agreement</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
February&nbsp;23, 2005, the Compensation Committee of the Board of Directors
of QUALCOMM Incorporated (the &#147;Company&#148;) authorized the preparation and adoption of an amendment to
the Company&#146;s Executive Retirement Contribution Plan which would provide that non-employee
directors are eligible to participate in such plan. This plan, amended and restated on October&nbsp;21,
2005 as the Voluntary Executive Retirement Contribution Plan, provides that eligible participants,
including selected management employees and non-employee directors, may elect to defer the receipt
of certain cash compensation (including director retainers and meeting fees) otherwise owed to the
individual to a future date selected by the participant or in connection with a change in control,
the participant&#146;s disability or the participant&#146;s termination of service.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amounts credited to participants&#146; accounts include gains or losses attributable to the deemed
investment in one or more deemed investment options offered by the Company. The amounts credited
to a participant&#146;s account under the plan represent an obligation of the Company to make payments
to the participant at some time in the future.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The preceding summary description is qualified in its entirety by reference to the terms of
the Voluntary Executive Retirement Contribution Plan, which is attached as Exhibit&nbsp;99.1 to this
report.
</DIV>
<!-- link1 "Item&nbsp;9.01 Financial Statements and Exhibits" -->
<DIV align="left"><A NAME="001"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;9.01 Financial Statements and Exhibits.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Not applicable.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Not applicable.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Exhibits.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99.1 Voluntary Executive Retirement Contribution Plan, as amended
</DIV>

<!-- link1 "SIGNATURES" -->
<DIV align="left"><A NAME="002"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="50%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="40%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">QUALCOMM Incorporated</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Registrant)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">

<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Date October&nbsp;26, 2005</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By: /s/ Daniel L. Sullivan, Ph.D.</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Daniel L. Sullivan, Ph.D.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Executive Vice President, Human Resources</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



<!-- link1 "Exhibit Index" -->
<DIV align="left"><A NAME="003"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U>Exhibit&nbsp;Index</U>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Exhibit</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Description</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Voluntary Executive Retirement Contribution Plan, as amended</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">&nbsp;
</DIV>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a13737exv99w1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
<TITLE>Exhibit 99.1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 18pt"><B>Exhibit 99.1</B>
</DIV>



<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>QUALCOMM INCORPORATED</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>VOLUNTARY EXECUTIVE RETIREMENT CONTRIBUTION PLAN</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Amended and Restated</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Effective as of January&nbsp;1, 2005</B>
</DIV>



<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>TABLE
OF CONTENTS</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Page</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD colspan="3" align="left">ARTICLE I DEFINITIONS</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.1</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Account(s)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.2</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Basic Deferral</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.3</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Benchmark Fund</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.4</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Beneficiary</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.5</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Benefit(s)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.6</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Board of Directors</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.7</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bonus Deferral</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.8</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Change in Control</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.9</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Code</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.10</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Committee</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.11</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Company</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.12</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Deferrals</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.13</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Deferral Subaccount</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.14</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Disability</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.15</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#147;Distribution Date&#148;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.16</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Effective Date</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.17</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Election</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.18</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Eligible Individual</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.19</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Employer</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.20</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Entry Date</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.21</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">In-Service Distribution Date</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.22</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Investment Return</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.23</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Open Enrollment Period</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.24</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Ownership Change Event</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.25</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Participant</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.26</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Performance Based Compensation</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.27</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Plan</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.28</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Plan Year</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.29</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Retirement</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.30</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Service</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.31</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Specified Employee</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.32</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Trust</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.33</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Trust Agreement</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.34</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Trustee</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">1.35</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Year of Service</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="left">ARTICLE II ELIGIBILITY</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">2.1</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Eligibility</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">2.2</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Commencement of Participation</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">2.3</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Cessation of Participation</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">2.4</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Cessation of Eligibility</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="left">ARTICLE III DEFERRALS AND CONTRIBUTIONS</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">3.1</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Basic Deferrals</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">3.2</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bonus Deferrals and Performance Based Compensation</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Deferrals</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">i
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>TABLE
OF CONTENTS</B>
</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Page</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">3.3</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Limitations on Deferrals</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">3.4</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">No Withdrawal</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="left">ARTICLE IV VESTING</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">4.1</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Vesting of Participants&#146; Accounts</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="left">ARTICLE V ACCOUNTS</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">5.1</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Accounts</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">5.2</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Investment Return Credited to Accounts at Least Monthly</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">5.3</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Determination of Investment Return</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="left">ARTICLE VI BENEFIT DISTRIBUTIONS AND ACCOUNT WITHDRAWALS</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">6.1</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Benefit Amount</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">6.2</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Timing of Distributions</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">6.3</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Method of Distribution</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">6.4</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Election of In-Service Distribution Date</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">6.5</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Distribution Upon Death of Participant</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">6.6</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Distribution Upon Retirement or Disability of Participant</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">6.7</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Specified Employees</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">6.8</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Limitation on Distributions to Covered Employees</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">6.9</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Tax Withholding</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="left">ARTICLE VII BENEFICIARIES</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">7.1</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Designation of Beneficiary</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">7.2</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">No Designated Beneficiary</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="left">ARTICLE VIII TRUST OBLIGATION TO PAY BENEFITS</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">8.1</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Deferrals Transferred to the Trust</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">8.2</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Source of Benefit Payments</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">8.3</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Investment Discretion</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">8.4</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">No Secured Interest</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="left">ARTICLE IX PLAN ADMINISTRATION</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">9.1</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Committee Powers and Responsibilities</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">9.2</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Decisions of the Committee</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">9.3</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Indemnification</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">9.4</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Claims Procedure</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="left">ARTICLE X AMENDMENT AND TERMINATION</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">10.1</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Right to Amend</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">10.2</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amendments to Ensure Proper Characterization of Plan</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">10.3</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Changes in Law Affecting Taxation of Participants</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">10.4</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Plan Termination or Plan Suspension</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">10.5</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Successor to Company</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="left">PLAN TRANSFERS</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">ii
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>TABLE
OF CONTENTS</B>
</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Page</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">11.1</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Transfers to Other Plans</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">11.2</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Transfers in from Other Plans</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">11.3</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Effect of Section</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="left">ARTICLE XII MISCELLANEOUS</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">12.1</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">No Assignment</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">12.2</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">No Secured Interest</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">12.3</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Successors</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">12.4</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">No Employment Agreement</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">12.5</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Attorneys&#146; Fees</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">12.6</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Governing Law</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">12.7</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Entire Agreement</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">12.8</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Severability</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">18</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">iii
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>QUALCOMM INCORPORATED<BR>
VOLUNTARY EXECUTIVE RETIREMENT CONTRIBUTION PLAN</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Amended and Restated<BR>
Effective as of January&nbsp;1, 2005</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The QUALCOMM INCORPORATED VOLUNTARY EXECUTIVE RETIREMENT CONTRIBUTION PLAN (the &#147;Plan&#148;)
originally adopted on December&nbsp;1, 1995 is hereby amended and restated effective as of January&nbsp;1,
2005, by QUALCOMM Incorporated, a Delaware corporation (the &#147;Company&#148;), primarily for the purpose
of providing deferred compensation for a select group of management or highly compensated employees
of the Company. Accordingly, it is intended that this Plan be exempt from the requirements of
Parts II, III and IV of Title I of the Employee Retirement Income Security Act of 1974, as amended
(&#147;ERISA&#148;) pursuant to Sections&nbsp;201(2), 301(a)(3) and 401(a)(1) of ERISA. This Plan is intended to
be an unfunded, nonqualified deferred compensation plan. Plan participants shall have the status
of unsecured creditors of the Company with respect to the payment of Plan benefits. This Plan is
intended to meet the requirements of Section&nbsp;409A of the Internal Revenue Code of 1986, as amended
(the &#147;Code&#148;) and any regulations promulgated thereunder.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE I
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 6pt"><U>DEFINITIONS</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whenever used herein, the masculine pronoun shall be deemed to include the feminine, and the
singular to include the plural, unless the context clearly indicates otherwise, and the following
definitions shall govern the Plan:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.1 &#147;Account(s)&#148; means the book entry account(s) established under the Plan for each
Participant to which are credited the Participant&#146;s Basic Deferrals, Bonus Deferrals and the
Investment Return with respect thereto. Account balances shall be reduced by any distributions
made to the Participant or the Participant&#146;s Beneficiary(ies) therefrom and any charges that may be
imposed on such Account(s) pursuant to the terms of the Plan. Separate Subaccounts may be
established to which shall be credited a Participant&#146;s Deferrals for each separate Plan Year and
the Investment Return with respect thereto. Where Subaccounts have been established, Account shall
refer to all of the Participants&#146; Subaccounts, collectively, as the context may require.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2 &#147;Basic Deferral&#148; means the percentage of a Participant&#146;s annual base salary or director
fees and retainers, which the Participant elects to defer pursuant to Article&nbsp;III.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3 &#147;Benchmark Fund&#148; shall mean one or more of the mutual funds or contracts selected by the
Committee pursuant to Article&nbsp;V.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.4 &#147;Beneficiary&#148; means one, some, or all (as the context shall require) of those persons,
trusts or other entities designated by a Participant to receive the undistributed value of his or
her Account following the Participant&#146;s death.
</DIV>

<P align="center" style="font-size: 10pt">1
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.5 &#147;Benefit(s)&#148; means the total vested amount credited to a Participant&#146;s Account or
Subaccount.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.6 &#147;Board of Directors&#148; or &#147;Board&#148; means the Board of Directors of the Company.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.7 &#147;Bonus Deferral&#148; means the percentage of a Participant&#146;s bonus and/or Performance Based
Compensation which the Participant elects to defer pursuant to Article&nbsp;III.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.8 &#147;Change in Control&#148; shall mean an Ownership Change Event or a series of related Ownership
Change Events (collectively, a &#147;Transaction&#148;) wherein the stockholders of the Company immediately
before the Transaction do not retain immediately after the Transaction, in substantially the same
proportions as their ownership of shares of the Company&#146;s voting stock immediately before the
Transaction, direct or indirect beneficial ownership of more than fifty percent (50%) of the total
combined voting power of the outstanding voting securities of the Company or, in the case of a
Transaction described in Section&nbsp;1.25(iii) below, the corporation or other business entity to which
the assets of the Company were transferred (the &#147;Transferee&#148;), as the case may be. The Board shall
determine in its sole discretion whether multiple sales or exchanges of the voting securities of
the Company or multiple Ownership Change Events are related.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.9 &#147;Code&#148; means the Internal Revenue Code of 1986, as amended.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.10 &#147;Committee&#148; means the Deferred Compensation Committee composed of such individuals as may
be appointed by the Board which shall function as the administrator of the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.11 &#147;Company&#148; means QUALCOMM Incorporated, a Delaware corporation, and any successor
organization thereto.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.12 &#147;Deferrals&#148; means that percentage of a Participant&#146;s base salary, bonuses and/or director
fees or retainer which is deferred pursuant to this Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13 &#147;Deferral Subaccount&#148; means the Subaccount to which a Participant&#146;s Deferrals for a
particular year are credited.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.14 &#147;Disability&#148; means a determination by the insurer under the Company&#146;s long-term
disability insurance policy or the United States Social Security Administration, that the
Participant is disabled and eligible for disability benefits. Notwithstanding the foregoing,
should regulations or other Internal Revenue Service (&#147;IRS&#148;) guidance interpret this definition as
not meeting the minimum requirements of Section&nbsp;409A of the Code, &#147;Disability&#148; under this Plan
shall automatically and without further action or amendment, be determined to exist if the
Participant is unable to engage in any substantial gainful activity by reason of any medically
determinable physical or mental impairment which can be expected to result in death or can be
expected to last for a continuous period of not less than 12&nbsp;months.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15 &#147;Distribution Date&#148; means the date on which distribution of a Participant&#146;s Benefits is
made or commenced pursuant to Article&nbsp;VI.
</DIV>

<P align="center" style="font-size: 10pt">2
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16 &#147;Effective Date&#148; means the date on which this amended and restated Plan shall be
effective, which is January&nbsp;1, 2005.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.17 &#147;Election&#148; means the form on which a Participant (i)&nbsp;elects to make Deferrals pursuant to
Article&nbsp;III, and (ii)&nbsp;elects a Distribution Date, and (iii)&nbsp;elects the method by which his or her
Benefits will be distributed. The Election shall be in such form as may be prescribed by the
Committee, including specifically an electronic form.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.18 &#147;Eligible Individual&#148; means (i)&nbsp;an employee of the Employer who is a member of the select
group of management and highly compensated employees as more particularly described in Article&nbsp;II
and who has been designated by the Committee, in its sole discretion, as eligible to participate in
the Plan and notified of his eligibility and (ii)&nbsp;members of the Board.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.19 &#147;Employer&#148; means the Company and any subsidiary thereof unless otherwise specifically
excluded by the Company as an Employer.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20 &#147;Entry Date&#148; means the first day of any Plan Year and, as to an Eligible Individual, the
date which is thirty (30)&nbsp;days from the date on which such Eligible Individual is first determined
to be eligible to participate in the Plan by the Committee.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.21 &#147;In-Service Distribution Date&#148; means the date on which distribution of a Participant&#146;s
Deferral Subaccount is made or commenced pursuant to Section&nbsp;6.4.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.22 &#147;Investment Return&#148; means the investment return or loss determined in accordance with
Article&nbsp;V which shall be credited to the Participants&#146; Accounts.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.23 &#147;Open Enrollment Period&#148; means such period as the Committee may specify which for all
Plan Years beginning after the Effective Date, shall be the period selected by the Committee which
ends no later than the first day of each subsequent Plan Year, or, with respect to an Eligible
Individual who first becomes eligible to participate in the Plan during a Plan Year, the period
which ends no later than thirty (30)&nbsp;days after becoming an Eligible Participant. Notwithstanding
the foregoing, the Open Enrollment Period for deferrals of Performance Based Compensation may be
different than that for Basic Deferrals and may end no later than six (6)&nbsp;months prior to the end
of the performance period for which services are to be rendered.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.24 &#147;Ownership Change Event&#148; shall be deemed to have occurred if any of the following occurs
with respect to the Company: (i)&nbsp;the direct or indirect sale or exchange in a single or series of
related transactions by the stockholders of the Company of more than fifty percent (50%) of the
voting stock of the Company; (ii)&nbsp;a merger or consolidation in which the Company is a party; (iii)
the sale, exchange, or transfer of all or substantially all, as determined by the Board in its
discretion, of the assets of the Company<B>; </B>or (iv)&nbsp;a liquidation or dissolution of the Company.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25 &#147;Participant&#148; means (i)&nbsp;an Eligible Individual who has elected to participate in the Plan
by executing and submitting an Election to the Committee; or (ii)&nbsp;an Eligible Individual who has
ceased active participation in accordance with Section&nbsp;2.3 and has not received all of the vested
Benefits to which he or she is entitled.
</DIV>

<P align="center" style="font-size: 10pt">3
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.26 &#147;Performance Based Compensation&#148; means any compensation which may be paid to an Eligible
Individual based on services performed over a period of at least twelve (12)&nbsp;months, or such other
definition as may be required by applicable regulations.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.27 &#147;Plan&#148; means the QUALCOMM Incorporated Voluntary Executive Retirement Contribution Plan,
as amended and restated effective as of January&nbsp;1, 2005, and which may be amended from time to
time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.28 &#147;Plan Year&#148; means the 12-month period beginning on each January 1 and ending on the
following December&nbsp;31.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.29 &#147;Retirement&#148; means the Participant&#146;s termination of Service with the Employer after
obtaining either (i)&nbsp;age sixty-five (65)&nbsp;or (ii)&nbsp;age sixty-two and one-half (62 <FONT style="font-size: 70%"><SUP>1</SUP></FONT>/<FONT style="font-size: 60%">2</FONT>) with at least
ten (10)&nbsp;Years of Service.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.30 &#147;Service&#148; means the Participant&#146;s employment or service with the Employer in the capacity
of an employee or a member of the Board. A Participant&#146;s Service shall include periods of
employment or service with the Company and any subsidiary, regardless of whether the Company has
determined that such a subsidiary will not be an Employer. A Participant&#146;s Service shall not be
deemed to have terminated merely because of a change in the capacity under which the Participant
renders Service to the Company, provided there is no interruption or termination of Participant&#146;s
Service. A Participant&#146;s Service shall terminate upon an actual termination of Service, whether by
death, Retirement, Disability, or otherwise. Subject to the foregoing, the Committee, in its
discretion, shall determine whether Participant&#146;s Service has terminated and the effect of such
termination.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.31 &#147;Specified Employee&#148; means any Participant who would be considered a &#147;Specified Employee&#148;
as that term is defined in Section&nbsp;409A(a)(2)(B)(i) of the Code.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.32 &#147;Trust&#148; means the legal entity created by the Trust Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.33 &#147;Trust Agreement&#148; means the trust agreement entered into between the Company and Fidelity
Management Trust Company, effective as of June&nbsp;1, 1998, and any amendments thereto.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.34 &#147;Trustee&#148; means the Trustee named in the Trust Agreement and any duly appointed successor
or successors thereto.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.35 &#147;Year of Service&#148; means 12 consecutive months of Service.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE II
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 6pt"><U>ELIGIBILITY</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1 <U>Eligibility</U>. Eligibility for participation in the Plan shall be limited to a
select group of management (which shall include specifically members of the Board) or highly
compensated employees of the Employer, who are designated by the Committee, in its sole discretion,
as eligible to participate in the Plan. Eligible Individuals shall be notified as to their
</DIV>

<P align="center" style="font-size: 10pt">4
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">eligibility to participate in the Plan. Participation in the Plan is voluntary. Until
changed by the Committee, an Eligible Individual shall be any member of the Board and any employee
who holds the title of Chairman, President, Chief Executive Officer, Executive Vice President,
Senior Vice President, Division President, Vice President, or any other position of equal seniority
or responsibility.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2
<U>Commencement of Participation</U>. An Eligible Individual may begin participation in
the Plan upon any Entry Date, subject to the execution and submission of an Election pursuant to
Article&nbsp;III.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.3 <U>Cessation of Participation</U>. Active participation in the Plan shall end when a
Participant&#146;s Service terminates or at such time as a Participant is notified by the Committee,
pursuant to Section&nbsp;2.4, below, that he or she is no longer eligible to participate in the Plan.
Upon termination of Service or eligibility, a Participant shall remain an inactive Participant in
the Plan until all of the vested Benefits to which he or she is entitled under this Plan have been
paid in full.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.4 <U>Cessation of Eligibility</U>. The Committee may at any time, and in its sole
discretion, notify any Participant that he or she is not eligible to participate in the Plan.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE III
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 6pt"><U>DEFERRALS AND CONTRIBUTIONS</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1
<U>Basic Deferrals</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1.1 An Eligible Individual may elect to reduce his or her annual base salary and/or director
fees and retainers, as applicable, by the percentage set forth in a written and signed Election
filed with the Committee, subject to the provisions of this Article&nbsp;III. The Basic Deferrals shall
not be paid to the Participant, but shall be withheld from such amounts otherwise to be paid to the
Participant and an amount equal to the Basic Deferrals shall be credited to the Participant&#146;s
applicable Deferral Subaccount.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1.2 The Election must be filed with the Committee during the Open Enrollment Period for the
Plan Year to which such Election applies. Unless regulations or other guidance is provided by the
IRS which specifically authorizes revocation of Elections, each Participant Election shall be
irrevocable. Unless increased, decreased or terminated during any subsequent Open Enrollment
Period, an Election shall remain in effect until so changed by the Participant during such
subsequent Open Enrollment Period.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1.3 Each Election to make Basic Deferrals shall apply only to such amounts earned after the
effective date of such Election.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1.4 For the purpose of determining an Eligible Individual&#146;s Basic Deferrals: (i) &#147;base
salary&#148; shall mean the base salary paid by the Employer, and shall include any other source of
income determined by the Committee to be appropriate, but shall not include, unless specifically
authorized by the Committee, bonuses, overtime, distributions from this Plan or from the Company&#146;s
Executive Retirement Matching Contribution Plan, commissions, the value of
</DIV>


<P align="center" style="font-size: 10pt">5
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">any proceeds from the exercise of any qualified or non-qualified stock option, the proceeds
from any stock purchase right under the Company&#146;s employee stock purchase plans, incentive
payments, non-monetary awards, auto allowances and other forms of additional compensation, or any
other form of compensation, whether taxable or non-taxable; and (iii)&nbsp;director fees and retainers
shall mean such amounts paid to directors of the Company pursuant to director compensation policies
of the Company.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2 <U>Bonus Deferrals and Performance Based Compensation Deferrals</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.1 In addition to the Basic Deferral Election described above, each Eligible Individual may
elect to defer a percentage of each bonus, including specifically any Performance Based
Compensation, earned in the Plan Year with respect to which such Bonus and/or Performance Based
Compensation Deferral Election is made by filing a written Election with the Committee, subject to
the provisions of this Article&nbsp;III. The Bonus Deferrals and/or Performance Based Compensation
Deferrals shall not be paid to the Participant, but shall be withheld from the applicable payment
and an amount equal to the Bonus Deferrals and/or Performance Based Compensation Deferrals, as
applicable, shall be credited to the Participant&#146;s applicable Deferral Subaccount.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.2 The Bonus and/or Performance Based Compensation Deferral Election must be filed with the
Committee during the Open Enrollment Period for the Plan Year to which the Election applies. A
Bonus and/or Performance Based Compensation Deferral Election shall remain in effect only for the
specific Plan Year in which it applies. In order to continue to participate in the Plan for each
successive Plan Year, a Participant must make a new Bonus and/or Performance Based Compensation
Deferral Election each Plan Year during the appropriate Open Enrollment Period.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.3 For the purposes of determining an Eligible Individual&#146;s Bonus Deferrals: &#147;bonus&#148; shall
mean amounts, if any, payable under the bonus policies maintained by the Employer. A Participant&#146;s
Bonus/Performance Based Compensation Deferral Election shall apply to any bonus or other
performance based compensation which is earned in the Plan Year to which such Election applies,
regardless of when the amounts are paid.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3
<U>Limitations on Deferrals</U>. A Participant&#146;s Deferral Elections shall be subject to
the following:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3.1 A Participant may elect to defer up to a maximum of one hundred percent (100%) of his or
her annual base salary, bonuses, Performance Based Compensation and/or director fees and retainers.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3.2 The Basic and/or Bonus Deferrals elected by the Participant shall be reduced by the
amount(s), if any, which may be necessary:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3.2.1 To satisfy all applicable income and employment taxes withholding and FICA
contributions;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3.2.2 To pay all contributions elected by the Participant pursuant to any Employer benefit
plans; and
</DIV>

<P align="center" style="font-size: 10pt">6
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3.2.3 To satisfy all garnishments or other amounts required to be withheld by applicable law
or court order.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3.3 Notwithstanding anything in this Plan to the contrary, and in order to be precise, any
withholding or salary deferral elections made under this Plan shall be determined <U>after</U>
such withholdings or salary deferrals under the Company&#146;s (i)&nbsp;401(k) plan, (ii)&nbsp;Section&nbsp;125 plan
(and all other applicable ERISA welfare benefit plans) and (iii)&nbsp;employee stock purchase plan.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.4 <U>No Withdrawal</U>. Amounts credited to a Participant&#146;s Account may not be withdrawn
by a Participant and shall be paid only in accordance with the provisions of this Plan.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE IV
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 6pt"><U>VESTING</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.1 <U>Vesting of Participants&#146; Accounts</U> Amounts credited to a Participant&#146;s Deferral
Subaccounts shall always be 100% vested.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE V
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 6pt"><U>ACCOUNTS</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.1 <U>Accounts</U>. Separate Subaccounts shall be established and maintained for each
Participant. Each Participant&#146;s applicable Subaccounts shall be credited with the Participant&#146;s
Basic Deferrals and Bonus Deferrals made for such Participant. Participants&#146; Accounts shall be
credited (debited)&nbsp;with the applicable Investment Return, as set forth in this Article&nbsp;V.
Participants&#146; Accounts shall be reduced by distributions therefrom and any charges which may be
imposed on the Accounts pursuant to the terms of the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.2 <U>Investment Return Credited to Accounts at Least Monthly</U>. Each Subaccount shall be
credited (debited)&nbsp;monthly, or more frequently as the Committee may specify, in an amount equal to
the Subaccount balance on the first day of the prior month as adjusted for the applicable
Investment Return applicable to such Subaccount.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">5.3
<U>Determination of Investment Return</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.3.1 The Committee shall designate the particular funds or contracts which shall constitute
the Benchmark Funds, and may, in its sole discretion, change or add to the Benchmark Funds;
provided, however, that the Committee shall notify Participants of any such change prior to the
effective date thereof.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.3.2 Each Participant may select among the Benchmark Funds and specify the manner in which
each of his or her Subaccounts shall be deemed to be invested, solely for purposes of determining
the Participant&#146;s Investment Return. Each year&#146;s salary, bonus and/or commission deferrals may
have a separate investment election. The Committee shall establish and communicate the rules,
procedures and deadlines for making and changing Benchmark Fund
</DIV>


<P align="center" style="font-size: 10pt">7
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 12pt">selections. Company shall have no obligation to acquire investments corresponding to the
Participant&#146;s Benchmark Fund selections.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.3.3 The Investment Return is based on the asset unit value, net of administrative fees and
investment management fees and other applicable fees or charges, of the Benchmark Fund(s)
designated by the Board and other applicable fees or charges. The Investment Return may be
negative if the applicable Benchmark Fund(s) sustain a loss.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE VI
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 6pt"><U>BENEFIT DISTRIBUTIONS AND ACCOUNT WITHDRAWALS</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.1
<U>Benefit Amount</U>. The value of the Participant&#146;s Benefit shall be equal to the
vested value of the Participant&#146;s Subaccount(s) on the last day of the calendar month prior to the
Distribution Date, or such other date as the Committee may specify, adjusted for Deferrals and/or
withdrawals which have been subsequently credited thereto or made therefrom prior to the
Distribution Date.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.2
<U>Timing of Distributions</U>. In accordance with the Participant&#146;s Election made at the
time of the original deferral (or such later Election if applicable), Benefits shall be paid (or,
payments shall commence) as soon as practicable after the <U>earliest</U> of:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.2.1 A date which is as soon as administratively practicable after the Participant&#146;s
employment with the Employer terminates; or
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.2.2 The In-Service Distribution Date designated by the Participant; or
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.2.3 The date the Committee is notified that a Participant has died or after the Committee
has determined that a Participant has incurred a Disability; or
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.2.4 The date the Committee is notified of a Participant&#146;s Retirement, if so designated by
the Participant in applicable Elections; or
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.2.5 The date of a Change in Control of the Company, if so designated by the Participant in
applicable Elections. The definition of an applicable Change in Control, as set forth in Section
1.8 of the Plan, shall be deemed to be amended automatically and without any action by the Company
or consent needed from any Participant to reflect any additional guidance or regulations issued by
the IRS.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">6.3
<U>Method of Distribution</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.3.1 <U>Distribution Methods</U>. A Participant&#146;s Benefits shall generally be paid in a
single lump sum payment. However, any distribution based on Retirement or Disability or any
In-Service Distribution may be paid in one of the following methods, as specified in his or her
most recent effective Election:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.3.1.1 A single lump sum payment;
</DIV>

<P align="center" style="font-size: 10pt">8
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.3.1.2 In quarterly or annual installment payments of substantially equal amounts over a
period as provided below:
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="60%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Reason for Distribution</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Installment Period</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Retirement / Disability
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">5/10 Years</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">In-Service Distribution Date
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">2/3/4/5 Years</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.3.1.3 A Participant may amend his or her Election to take a distribution based on
Retirement, Disability or any In-Service Distribution from a single lump sum to installments by
filing an amended Election at least twelve (12)&nbsp;months in advance of the date that the first
distribution specified in the original Election being amended. The amended new distribution date
must be in a Plan Year five (5)&nbsp;years after the year of the first distribution specified in the
original Election. No amendment may accelerate the date that any distribution would be made from
the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.3.1.4 The Participant&#146;s method of distribution selected in his or her Election shall remain
in effect for all future similar deferrals until changed or revoked by the Participant during a
subsequent Open Enrollment Period. The Participant&#146;s method of distribution may be revoked or
changed only during an Open Enrollment Period and such revocation or change may be prospective
only.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.3.2 <U>Failure to Specify a Form of Distribution or Failure to Qualify for Installment Term
Elected</U>. If, at the time of his or her Distribution Date, a Participant has failed to elect a
form of distribution or who elects an installment distribution does not satisfy the requirements
for the installment term elected, then such Participant&#146;s Benefits shall be distributed either (i)
in a single lump sum payment (if no form selected) or (ii)&nbsp;in the case of installments, over the
longest installment term for which the Participant is qualified on his or her Distribution Date.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.3.3 <U>Installment Amounts</U>. For purposes of this Section&nbsp;6.3, installment
distributions shall be paid in substantially equal quarterly or annual payments under an
installment methodology established by the Committee.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.3.4 <U>Reemployed After Installments Begin</U>. If a former Participant is reemployed
after having begun to receive installment distributions from the Plan, then such former
Participant, upon once again becoming an Eligible Individual, may begin a new period of
participation in the Plan, provided, however, that the installment distributions previously
commenced will continue to be paid to the Participant over the specified term.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.3.5
<U>Minimum Account Balance Necessary for Installments</U>. Notwithstanding anything to
the contrary in Section&nbsp;6.4, if a Participant&#146;s Account balance is less than $25,000 at
</DIV>


<P align="center" style="font-size: 10pt">9
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 12pt">the time elected to begin installment distributions, the Participant&#146;s Benefit will
automatically be distributed in a single lump sum.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">6.4
<U>Election of In-Service Distribution Date</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.4.1 <U>Initial Election</U>. Upon filing the deferral Election for any Plan Year, a
Participant may specify an In-Service Distribution Date for the Subaccount to which such Deferrals
are credited, subject to the following:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.4.1.1 A Participant may elect an In-Service Distribution Date for all of the Benefits
credited to such Subaccount.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.4.1.2 The In-Service Distribution Date for any Deferral Subaccount must be at least two (2)
years after the end of the Plan Year for which Deferrals to such Subaccount are made.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.4.1.3 Benefits shall be paid (or payments shall commence) on the In-Service Distribution
Date.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.4.2 <U>Revocation or Amendment of Election</U>. A Participant who has elected an
In-Service Distribution Date may revoke and/or amend the In-Service Distribution Date Election by
filing a revocation or an amended Election at least twelve (12)&nbsp;months in advance of the In-Service
Distribution Date specified in the Election being revoked or amended. The amended In-Service
Distribution Date must be in a Plan Year five (5)&nbsp;years after the In-Service Distribution Date
specified in the prior Election or at termination of employment. If a Participant revokes an
In-Service Distribution Date Election and does not provide another In-Service Distribution Date,
the Participant shall be deemed to have elected to have the Benefit distributed at termination of
employment, provided that in no event shall a distribution commence prior to the date five (5)
years after the date of the revocation of such earlier election. An In-Service Distribution Date
Election for any Deferral Subaccount may be amended only once. Nothing in this Section&nbsp;6.4.2 shall
preclude a Participant from amending his or her Election as to the method of distribution in
accordance with Section&nbsp;6.3.1.3, above.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.4.3 <U>Termination Before the Planned Distribution Date</U>. If the Participant terminates
employment with the Employer before his In-Service Distribution Date for any reason (other than
Retirement or Disability, to the extent of a valid Retirement or Disability Election), distribution
of the Participant&#146;s Account shall be made as soon as administratively practicable after the date
of such Participant&#146;s termination of employment and such distribution shall be made in a single
lump sum payment.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.4.4 <U>Termination After Commencement of Installment In-Service Distributions</U>.
Notwithstanding any prior Election, if the Participant terminates employment with the Employer for
any reason (other than Retirement or Disability, to the extent of a valid Retirement or Disability
Election) while receiving installment In-Service Distributions, distribution of the Participant&#146;s
remaining installments shall be made in a single lump sum payment as soon as administratively
practicable after the Participant&#146;s termination of employment.
</DIV>


<P align="center" style="font-size: 10pt">10
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.4.5 <U>Absence of In-Service Distribution Election</U>. If a Participant does not elect an
In-Service Distribution Date in his or her initial Election, or if the Participant revokes an
In-Service Distribution Date Election, the Participant will be deemed to have elected to have the
Benefits credited to the relevant Subaccount distributed upon his or her termination of employment.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.5 <U>Distribution Upon Death of Participant</U>. If a Participant dies before his or her
Benefit payments have commenced, then such Participant&#146;s Benefits shall be paid to his or her
designated Beneficiary in a single lump sum cash distribution as soon as administratively feasible
after the Committee is notified of the Participant&#146;s death and receives evidence satisfactory to it
thereof. If a Participant dies after his or her Benefit distribution has commenced, his or her
remaining Benefits shall be paid to the deceased Participant&#146;s Beneficiary in a single lump sum
cash distribution as soon as administratively feasible after the Committee is notified of the
Participant&#146;s death and receives evidence satisfactory to it thereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.6 <U>Distribution Upon Retirement or Disability of Participant</U>. If a Participant&#146;s
Service terminates due to Retirement or a Participant suffers a Disability before or after his or
her Benefit payments have commenced, then such Participant&#146;s Benefits shall be paid in the optional
form of distribution previously selected as soon as administratively feasible after the Committee
is notified of the Participant&#146;s Retirement or Disability and receives evidence satisfactory to it
thereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.7 <U>Specified Employees</U>. In the event of a distribution to a Specified Employee based
upon such individual&#146;s termination of Service with the Employer, no distributions will be made,
irrespective of any Election to the contrary, before the date which is six (6)&nbsp;months after the
date of termination of Service, or if earlier the date of the death of the Specified Employee.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.8 <U>Limitation on Distributions to Covered Employees</U>. Notwithstanding any other
provision of this Article&nbsp;VI and subject to the determination that this Section&nbsp;6.8 does not result
in a violation of section 409A of the Code, in the event that the Participant is a &#147;covered
employee&#148; as that term is defined in section 162(m)(3) of the Code, or would be a covered employee
if Benefits were distributed in accordance with his or her Benefit Distribution Election or early
withdrawal request, the maximum amount which may be distributed from the Participant&#146;s Account in
any Plan Year shall not exceed one million dollars ($1,000,000) less the amount of compensation
paid to the Participant in such Plan Year which is not &#147;performance-based&#148; (as defined in Code
section 162(m)(4)(C)), which amount shall be reasonably determined by the Committee at the time of
the proposed distribution. Any amount which is not distributed to the Participant in a Plan Year
as a result of this limitation shall be distributed to the Participant in the next Plan Year,
subject to compliance with the foregoing limitations set forth in this Section&nbsp;6.8.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.9
<U>Tax Withholding</U>. Distribution and withdrawal payments under this Article&nbsp;VI shall
be subject to all applicable withholding requirements for state and federal income taxes and to any
other federal, state or local taxes that may be applicable to such payments.
</DIV>

<P align="center" style="font-size: 10pt">11
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE VII
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 6pt"><U>BENEFICIARIES</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.1 <U>Designation of Beneficiary</U>. The Participant shall have the right to designate on
such form as may be prescribed by the Committee, one or more Beneficiaries to receive any Benefits
due under the Plan which may remain unpaid on the date of the Participant&#146;s death. The Participant
shall have the right at any time to revoke such designation and to substitute one or more other
Beneficiaries.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.2 <U>No Designated Beneficiary</U>. If, upon the death of the Participant, there is no
valid Beneficiary designation, the Beneficiary shall be the Participant&#146;s surviving spouse. In the
event there is no surviving spouse, then the Participant&#146;s Beneficiary shall be the Participant&#146;s
estate.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE VIII
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 6pt"><U>TRUST OBLIGATION TO PAY BENEFITS</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.1 <U>Deferrals Transferred to the Trust</U>. The Employer may transfer the Deferrals made
by or on behalf of a Participant to the Trustee to be held pursuant to the terms of the Trust
Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.2 <U>Source of Benefit Payments</U>. All benefits payable to a Participant hereunder shall
be paid by the Trustee to the extent of the assets held in the Trust by the Trustee, and by the
Employer to the extent the assets in the Trust are insufficient to pay a Participant&#146;s Benefits as
provided under this Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.3 <U>Investment Discretion</U>. The Benchmark Funds established pursuant to Section&nbsp;5.3
shall be for the sole purpose of determining the Investment Return to be used for determining the
Investment Return credited to the Participant&#146;s Account. Neither the Trustee nor the Committee
shall have any obligation to invest the Participants&#146; Account in accordance with his deemed
investment directions or in any other investment.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.4 <U>No Secured Interest</U>. Except as otherwise provided by the Trust Agreement, the
assets of the Trust, shall be subject to the claims of creditors of the Employer. Except as
provided in the Trust Agreement, the Participant (or the Participant&#146;s Beneficiary) shall be a
general unsecured creditor of the Employer with respect to the payment of Benefits under this Plan.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE IX
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 6pt"><U>PLAN ADMINISTRATION</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1
<U>Committee Powers and Responsibilities</U>. The Committee shall have complete control
of the administration of the Plan herein set forth with all powers necessary to enable it properly
to carry out its duties in that respect. Not in limitation, but in amplification of the foregoing,
the Committee shall have the power and authority to:
</DIV>

<P align="center" style="font-size: 10pt">12
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1.1 Construe the Plan and Trust Agreement to determine all questions that shall arise as to
interpretations of the Plan&#146;s provisions including determination of which individuals are Eligible
Individuals, which individuals are Specified Employees and the determination of the amounts
credited to a Participant&#146;s Account, and the appropriate timing and method of Benefit payments;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1.2 Establish reasonable rules and procedures which shall be applied in a uniform and
nondiscriminatory manner with respect to Elections, the establishment of Accounts and Subaccounts,
and all other discretionary provisions of the Plan;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1.3 Establish rules, procedures and formats for the electronic administration of the Plan,
including specifically the distribution of Participant communication, Elections and tax
information;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1.4 Establish the rules and procedures by which the Plan will operate that are consistent
with the terms of the Plan documents;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1.5 Establish the rules and procedures by which the Plan shall determine and pay installment
distributions and in-service distributions;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1.6 Compile and maintain all records it determines to be necessary, appropriate or
convenient in connection with the administration of the Plan;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1.7 Adopt amendments to the Plan document which are deemed necessary or desirable to
facilitate administration of the Plan and/or to bring these documents into compliance with all
applicable laws and regulations, provided that the Committee shall not have the authority to adopt
any Plan amendment that will result in substantially increased costs to the Company unless such
amendment is contingent upon ratification by the Board before becoming effective;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1.8 Employ such persons or organizations to render service or perform services with respect
to the administrative responsibilities of the Committee under the Plan as the Committee determines
to be necessary and appropriate, including but not limited to attorneys, accountants, and benefit,
financial and administrative consultants;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1.9 Select, review and retain or change the Benchmark Funds which are used for determining
the Investment Return under the Plan;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1.10 Direct the investment of the assets of the Trust;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1.11 Review the performance of the Trustee with respect to the Trustee&#146;s duties,
responsibilities and obligations under the Plan and the Trust Agreement;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1.12 Take such other action as may be necessary or appropriate to the management and
investment of the Plan assets.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.2
<U>Decisions of the Committee</U>. Decisions of the Committee made in good faith upon any
matter within the scope of its authority shall be final, conclusive and binding upon all persons,
including Participants and their legal representatives or Beneficiaries. Any discretion
</DIV>

<P align="center" style="font-size: 10pt">13
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">granted to the Committee shall be exercised in accordance with rules and policies established
by the Committee.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.3 <U>Indemnification</U>. To the extent permitted by law, the Company shall indemnify each
member of the Committee, and any other Employee or member of the Board with duties under the Plan,
against losses and expenses (including any amount paid in settlement) reasonably incurred by such
person in connection with any claims against such person by reason of such person&#146;s conduct in the
performance of duties under the Plan, except in relation to matters as to which such person has
acted fraudulently or in bad faith in the performance of duties. Notwithstanding the foregoing,
the Company shall not indemnify any person for any expense incurred through any settlement or
compromise of any action unless the Company consents in writing to the settlement or compromise.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.4 <U>Claims Procedure</U>. Benefits shall be provided from this Plan through procedures
initiated by the Committee, and the Participant need not file a claim. However, if a Participant
or Beneficiary believes he or she is entitled to a Benefit different from the one received, then
the Participant or Beneficiary may file a claim for the Benefit by writing a letter to the
Committee.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.4.1 If any claim for Benefits under the Plan is wholly or partially denied, the claimant
shall be given notice in writing of such denial within 90&nbsp;days of the date the letter claiming
benefits is received by the Committee. If special circumstances require an extension of time,
written notice of the extension shall be furnished to the claimant within the initial 90-day
period.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.4.2 Notice of the denial shall set forth the following information: (a)&nbsp;the specific reason
or reasons for the denial; (b)&nbsp;specific reference to pertinent Plan provisions on which denial is
based; (c)&nbsp;a description of any additional material or information necessary for the claimant to
perfect the claim and an explanation of why such material or information is necessary; (d)&nbsp;an
explanation that a full review by the Committee of the decision denying the claim may be requested
by the claimant or his or her authorized representative by filing with the company, within 60&nbsp;days
after such notice has been received, a written request for such review; and (e)&nbsp;if such request is
so filed, the claimant or his or her authorized representative may review pertinent documents and
submit issues and comments in writing within the same 60&nbsp;day period specified in the preceding
subparagraph.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.4.3 The decision of the Committee upon review shall be made promptly, and not later than 60
days after the Committee&#146;s receipt of the request for review, unless special circumstances require
an extension of time for processing, in which case the claimant shall be so notified and a decision
shall be rendered as soon as possible, but not later than 120&nbsp;days after receipt of the request for
review. If the claim is denied, wholly or in part, the claimant shall be promptly given a copy of
the decision. The decision shall be in writing and shall include specific reasons for the denial,
specific references to the pertinent Plan provisions on which the denial is based and shall be
written in a manner calculated to be understood by the claimant. No further legal action may be
initiated claiming benefits under this Plan until the claims procedure set forth in this Article&nbsp;IX
is completed.
</DIV>


<P align="center" style="font-size: 10pt">14
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE X
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 6pt"><U>AMENDMENT AND TERMINATION</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.1 <U>Right to Amend</U>. The Committee or the Company, by action of the Board, shall have
the right to amend the Plan, at any time and with respect to any provisions hereof, and all parties
hereto or claiming any interest hereunder shall be bound by such amendment; provided, however, that
no such amendment shall deprive a Participant of a right accrued hereunder prior to the date of the
amendment unless such an amendment is required by applicable law or deemed necessary to preserve
the preferred tax treatment of the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.2 <U>Amendments to Ensure Proper Characterization of Plan</U>. Notwithstanding the
provisions of Section&nbsp;10.1, the Plan may be amended by the Committee or the Company, by action of
its Board, at any time, retroactively if required, if found necessary, in the opinion of the
Committee or the Board, in order to ensure that the Plan is characterized as a &#147;top-hat&#148; plan of
deferred compensation maintained for a select group of management or highly compensated employees
as described under ERISA sections 201(2), 301(a)(3), and 401(a)(1), and to conform the Plan to the
provisions and requirements of any applicable law (including specifically Section&nbsp;409A of the Code,
and other applicable portions of ERISA and the Code). No such amendment shall be considered
prejudicial to any interest of a Participant hereunder.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.3<U>
Changes in Law Affecting Taxation of Participants</U>. The Plan and any Election may
also be amended as provided in this Section&nbsp;10.3.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.3.1
<U>Operation</U>. This Section&nbsp;10.3 shall become operative upon the enactment of any
change in applicable statutory law or the promulgation by the IRS of a final regulation or other
pronouncement having the force of law, which statutory law, as changed, or final regulation or
pronouncement, as promulgated, would cause any Participant to include in his or her federal gross
income amounts accrued by the Participant under the Plan on a date (an &#147;Early Taxation Event&#148;)
prior to the date on which such amounts are made available to him or her hereunder.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.3.2 <U>Affected Right or Feature Nullified</U>. Notwithstanding any other provision of
this Plan to the contrary (but subject to Section&nbsp;10.3.3 below), as of an Early Taxation Event, the
feature or features of this Plan that would cause the Early Taxation Event shall be null and void,
to the extent, and only to the extent, required to prevent the Participant from being required to
include in his or her federal gross income amounts accrued by the Participant under the Plan prior
to the date on which such amounts are made available to him or her hereunder. If only a portion of
a Participant&#146;s Account is impacted by the change in the law, then only such portion shall be
subject to this Section&nbsp;10.3, with the remainder of the Account not so affected being subject to
such rights and features as if the law were not changed. If the law only impacts Participants who
have a certain status with respect to the Employer, then only such Participants shall be subject to
this Section&nbsp;10.3.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.3.3 <U>Tax Distribution</U>. If an Early Taxation Event is earlier than the date on which
the statute, regulation or pronouncement giving rise to the Early Taxation Event is enacted or
promulgated, as applicable (i.e., if the change in the law is retroactive), there shall be
</DIV>


<P align="center" style="font-size: 10pt">15
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">distributed to each Participant, as soon as practicable following such date of enactment or
promulgation, the amounts that became taxable on the Early Taxation Event.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.4
<U>Plan Termination or Plan Suspension</U>. The Company reserves the right to terminate
the Plan by action of its Board. The Company also reserves the right to suspend the operation of
the Plan for a fixed or indeterminate period of time, by action of its Board.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.5 <U>Successor to Company</U>. Any corporation or other business organization which is a
successor to the Company by reason of a consolidation, merger or purchase of substantially all of
the assets of the Company, or any other Change in Control, shall have the right to become a party
to the Plan by adopting the same by resolution of the entity&#146;s board of directors or other
appropriate governing body. If, within ninety (90)&nbsp;days from the effective date of such
consolidation, merger or sale of assets, or Change in Control such new entity does not become a
party hereto, as above provided, the Plan automatically shall be terminated.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE XI
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 6pt"><U>PLAN TRANSFERS</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.1
<U>Transfers to Other Plans</U>. In the event that a Participant becomes employed by any
affiliated company, subsidiary corporation, parent corporation or unrelated corporation which the
Company enters into a transaction to acquire the assets or stock of such unrelated corporation, the
Committee shall have the right, but not the obligation, to direct the Trustee to transfer funds in
an amount equal to the amount credited to such Participant&#146;s Account (the &#147;Transferred Account&#148;) to
a trust established under a Transferee Plan. The Committee shall determine, in its sole
discretion, whether such transfer shall be made and the timing of such transfer. Such transfer
shall be made only if, and to the extent that, approval of such transfer is obtained from the
Trustee.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.1.1 <U>Transferee Plan</U>. For purposes of this Section&nbsp;11.1, &#147;Transferee Plan&#148; shall
mean an unfunded, nonqualified deferred compensation plan described in Sections&nbsp;201(2), 301(a)(3)
and 401(a)(l) of ERISA maintained by any of the Company&#146;s affiliated entities, subsidiary
corporations, parent corporations or any corporation unrelated to the Company which the Company has
successfully closed a transaction in which the Company acquired the assets or the outstanding stock
of such an unrelated corporation.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.1.2 <U>Waiver</U>. No transfer shall be made under this Section&nbsp;11.1 unless the
Participant for whose benefit the Transferred Account is held executes a written waiver of all of
such Participant&#146;s rights and benefits under this Plan in such form as shall be acceptable to the
Committee and the Committee determines that such a transfer is permissible under applicable law,
including specifically Section&nbsp;409A of the Code, and would not result in the recognition of current
income by any Plan Participant.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.2 <U>Transfers in from Other Plans</U>. There may be transferred directly from the
trustee of another nonqualified, funded, deferred compensation plan (an &#147;Other Plan&#148;) to the
Trustee, subject to the approval of the transferor corporation maintaining the Other Plan, the
Committee, and the Eligible Individual, funds in an amount not to exceed the amount credited to the
Other Plan accounts maintained for the benefit of that Eligible Individual. Amounts transferred
</DIV>


<P align="center" style="font-size: 10pt">16
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">pursuant to this Section&nbsp;11.2, and any gains or losses allocable thereto, (i)&nbsp;shall be
accounted for separately (&#147;Transfer Account&#148;) from amounts otherwise allocable to the Eligible
Individual under this Plan, and (ii)&nbsp;the Transfer Account shall be distributed in accordance with
the Eligible Individual&#146;s deferral election under the Other Plan, as such election may be amended
pursuant to the terms of the Other Plan. Subsequent earnings on the amount in the Transfer Account
shall be credited to a separate account for the Eligible Individual established pursuant to this
Plan and shall be determined under the Plan&#146;s investment procedures in Article&nbsp;V.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.3 <U>Effect of Section</U>. This Section shall only be operable, to the extent the
Committee determines, in its sole and absolute discretion, at the time of any proposed transfer,
that such transfer will not impact the Plan and any deferred amounts in a tax disadvantageous
manner under Section&nbsp;409A of the Code.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ARTICLE XII
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 6pt"><U>MISCELLANEOUS</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.1
<U>No Assignment</U>. The right of any Participant, any Beneficiary or any other person
to the payment of any benefits under this Plan shall not be assigned, transferred, pledged or
encumbered.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.2 <U>No Secured Interest</U>. The obligation of the Company to Participants under this
Plan shall not be funded or otherwise secured, and shall be paid out of the general assets of the
Company. Participants are general unsecured creditors of the Company with respect to the
obligations hereunder and shall have no legal or equitable interest in the assets of the Company,
including any assets as the Company may set aside or reserve against its obligations under this
Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.3 <U>Successors</U>. This Plan shall be binding upon and inure to the benefit of the
Employee, its successors and assigns and the Participant and his or her heirs, executors,
administrators and legal representatives.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.4 <U>No Employment Agreement</U>. Nothing contained herein shall be construed as
conferring upon any Participant the right to continue in the employ of the Employer as an employee.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.5
<U>Attorneys&#146; Fees</U>. If the Employer, the Participant, any Beneficiary, and/or a
successor in interest to any of the foregoing, brings legal action to enforce any of the provisions
of this Plan, the prevailing party in such legal action shall be reimbursed by the other party, the
prevailing party&#146;s costs of such legal action including, without limitation, reasonable fees of
attorneys, accountants and similar advisors and expert witnesses.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.6 <U>Governing Law</U>. This Plan shall be construed in accordance with and governed by
the laws of the State of California.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.7
<U>Entire Agreement</U>. This Plan constitutes the entire understanding and agreement
with respect to the subject matter contained herein, and there are no agreements, understandings,
</DIV>

<P align="center" style="font-size: 10pt">17
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">restrictions, representations or warranties among any Participant and the Employer other than
those as set forth or provided for herein.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.8 <U>Severability</U>. If any provision of this Plan is held to be invalid, illegal or
unenforceable, such invalidity, illegality, or unenforceability shall not affect any other
provision of this Plan, and the Plan shall be construed and enforced as if such provision had not
been included. In addition, if such provision is invalid, illegal or unenforceable due to changes
in applicable law, the Company may amend the Plan, without the consent and without providing any
advance notice to any Participant, as may be necessary or desirable to comply with changes in the
applicable law or financial accounting of deferred compensation plans.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN WITNESS WHEREOF, this Plan has been adopted by the Company effective as of the Effective
Date.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">QUALCOMM Incorporated<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">Dated:  <U>October 21, 2005</U>&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Daniel L. Sullivan, Ph.D.
&nbsp;</TD>
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<P align="center" style="font-size: 10pt">18
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