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VIII.

                              VACATION, SICK LEAVE, AND OTHER TIME OFF


                  Molzen Corbin has established a program to allow its employees paid time off for personal
                  time (whether pleasure time or other personal time) and illness.  This program of paid leave
                  is provided as a benefit to all full-time employees.  To implement this program, Molzen
                  Corbin has created “banks” to which time will be credited for each of  Molzen Corbin’s
                  regular,  full-time  employees.    The  time  credited  in  employees’  accounts  is  for  the  sole
                  purpose of allowing that person paid leave under the circumstances set forth below.

                  A.     VACATION LEAVE


                         All full-time, regular Molzen Corbin personnel will accrue 3.08 hours per pay period
                         of paid vacation leave during the first 10 years of association with Molzen Corbin.
                         Vacation leave is accrued from the date of employment.  Vacation leave may be
                         accrued to a total of 120 hours.

                         After completion of 10 years of full-time, regular employment, an employee will
                         accrue 4.62 hours per pay period of vacation leave.  Individuals fulfilling the 10-
                         year, full-time employment requirement may accrue up to a total of 160 hours of
                         vacation leave.

                         Individual  vacations  are  arranged  at  the  convenience  of  the  individual  and  the
                         Company.  Insofar as possible, an employee’s Supervisor will approve the vacation
                         leave time requested.  In the event of conflicting requests submitted at the same time,
                         preference will normally be given to the individual with the greatest seniority.

                         We must also schedule time off with the entire staff and our assignment deadlines in
                         mind. Therefore, employees are asked to make anticipated leave plans known to their
                         Supervisor at the earliest possible date.  Leaves of a week or more require a month’s
                         notice except in the case of emergency.  All efforts will be made by Molzen Corbin
                         to avoid requiring an individual to change vacation plans, but we cannot guarantee
                         our workload will not necessitate an occasional change.

                         Employees who are requested by Molzen Corbin to delay taking time off, or are
                         prevented from doing so by compelling circumstances, may accrue vacation leave
                         beyond the  accrual  limitation  but  only with prior  approval from  their respective
                         Department  Leader.    Accrual  of  vacation  leave  in  excess  of  established  accrual
                         limitations  must  be  requested  in  writing  by  the  employee  and  approved  by  the
                         respective Department Leader and submitted to the Human Resources Department.



                                                          VIII-1

                                    inspired professionals defining excellence

                  “Nothing in this guidebook changes the “at-will” nature of employment with Molzen Corbin. This guidebook is not an exhaustive statement of all rights and
                  responsibilities of Molzen Corbin employees.  Employees are directed to ask Human Resources for additional information about matters addressed in this
                  guidebook. Furthermore, nothing in this guidebook shall prohibit or is intended to interfere with the exercise of Employee rights under Section 7 of the
                  National Labor Relations.
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