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                                                                   EXHIBIT 10(e)


NON-CONTRIBUTORY LIFE & ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE

         The Company maintains ongoing Non-Contributory Life & Accidental Death
& Dismemberment Insurance for its executive officers, which provides benefits
equal to two and one-half (2-1/2) times annual compensation, but in no event
more than $250,000. The Company also provides its executive officers with travel
and accident insurance in the amount of $500,000. All such insurance has 
certain reductions after age 65.


