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Exhibit 10(iii)A(1)(d)
APPENDIX G
E.1 Eligible Individual Joseph G. Parham, Jr.
E.2 Effective Date Pursuant to the Eligible Individual's employment agreement
letter, dated May 3, 2000 ("Employment Letter") and Section 2.1(b) of the Plan,
for purposes of the Plan the Eligible Individual's date of participation shall
be May 15, 2000.
E.3 Special Provisions The following special provision shall apply to the
Eligible Individual's participation in the Plan.
(a) The Eligible Individual will qualify as a Vested Terminee if he
completes 5 years of employment with NSI from May 15, 2000 to his Termination
Date.
(b) The Eligible Individual will be eligible for Early Retirement under
Sections 1.1(a)(2) and 3.3 upon attainment of age 60 while actively employed by
NSI (at which time he will have more than 9 years of service), provided that his
Early Retirement Accrued Pension shall be calculated based upon his Credited
Service and Eligible Service at his date of Early Retirement.
(C) In the event prior to the Eligible Individual's completion of 5
years of employment with NSI, James S. Balloun retires or terminates employment
as Chairman, President and Chief Executive Officer of NSI, and thereafter the
Eligible Individual's employment is terminated for any reason other than
voluntary termination, termination upon death or Disability (as defined in the
Employment Letter) or termination by NSI for Cause (as defined in the Employment
Letter), the Eligible Individual will be eligible to receive Early Retirement
Benefits commencing at the time of termination, calculated by treating the
Eligible Individual as if he were age 55 at the date of termination and had
completed 5 years of Credited Service as of such date. Except as expressly
provided herein, the Eligible Individual's Early Retirement Pension shall be
calculated and payable in accordance with the usual provisions of the Plan.
Except as otherwise specifically provided in this Appendix G, the Eligible
Individual's benefits under the Plan shall be determined in the same manner as
for other participants.
