Exhibit 10c POST RETIREMENT DEATH BENEFIT PLAN FOR SELECTED EXECITOVE EMPLOYEES OF TANDY CORPORATION AND SUBSIDIARIES RE-STATED PLAN BOARD OF DIRECTORS MEETING, JANUARY 26, 1989 ARTICLE ONE PURPOSE Section 1.1 The purpose of the Post Retirement Death Benefit Plan for Selected Executive Employees of Tandy Corporation and Subsidiaries (the "Plan") is to afford Tandy Corporation ("Tandy") an additional opportunity to secure and retain the services of outstanding key executive employees by providing, subject to the provisions of the Plan, income payments to their beneficiaries following the death of the key executive employee. ARTICLE TWO DEFINITIONS Section 2.1 Beneficiary. The recipient(s) designated (in accordance with Article Seven) by a Participant in the Plan to whom benefits are payable following his death. Section 2.2 Committee. The Organization and Compensation Committee of Tandy which shall administer the Plan in accordance with Article Nine. Section 2.3 Disability. A physical or mental condition which, in the opinion of the Committee, totally and presumably permanently prevents a Participant from substantially performing duties for which such Participant is suited to perform either by education or training, or if such Participant is on a Leave of Absence when such condition develops, substantially performing duties for which such Participant is suited to perform either by education or training. A determination that Disability exists shall be based upon competent medical evidence satisfactory to the Committee. The date that any person's Disability occurs shall be deemed to be the date such condition is determined to exist by the Committee. Section 2.4 Employee. A regular full-time executive employee of an Employer. Section 2.5 Employer. Tandy Corporation, a Delaware Corporation, and those subsidiary corporations in which Tandy owns at least eighty percent (80%) of the total combined voting power of all classes of stock entitled to vote. Section 2.6 Leave of Absence. Any period during which: (a) an Employee is absent with the prior consent of his Employer, which consent shall be granted under uniform rules applied to all Employees, on a non-discriminatory basis, but only if such person is an Employee immediately prior to the commencement of such period of authorized absence and resumes employment with Employer not later than the first working day following the expiration of such period of authorized absence; or (b) an Employee is a member of the Armed Forces of the United States and his re-employment rights are guaranteed by law, but only if such person is an Employee immediately prior to becoming a member of such Armed Forces and resumes employment with Employer within the period during which his re-employment rights are guaranteed by law. Section 2.7 Participant. An Employee who has been selected and has accepted a Plan Agreement as provided in Article Three. Section 2.8 Plan Agreement. The agreement between an Employer and a Participant, entered into in accordance with Article Three (as such form may be amended from time to time hereunder). Section 2.9 Retirement. The following classifications of Retirement as referred to in this Plan are defined as follows: (a) Early Retirement. The voluntary election, as opposed to involuntary termination by Employer, prior to the Participant's attaining the age of sixty-five (65) years, by a Participant to terminate his employment after attaining the age of fifty-five (55) years. (b) Normal Retirement. The termination of a Participant's service with Employer at the date of attaining age sixty-five (65) years. (c) Late Retirement. The termination of a Participant's service with Employer after the Participant's attaining the age of sixty-five (65) years. Section 2.10 Tandy Subsidiary. Any corporation in which Tandy owns at least eighty percent (80%) of the total combined voting power of all classes of stock entitled to vote. ARTICLE THREE SELECTION OF PARTICIPANTS AND AGREEMENT TO PARTICIPATE Section 3.1 Participation in the Plan shall be limited to those Employees of Employer who shall be selected for participation by the Committee, whose decisions in this respect shall be conclusive. Section 3.2 Participation in the Plan by an Employee so selected by the Committee is voluntary and subject to his written acceptance of a Plan Agreement executed by Employer and submitted to him by the Committee. Unless and until a Plan Agreement has been so submitted to and accepted by him, he shall not become a Participant. ARTICLE FOUR LIFE INSURANCE Section 4.1 Employer may obtain permanent life insurance insuring the life of any Participant as a means of funding Employer's obligations to his Beneficiary in whole or part. Employer shall be the sole owner and beneficiary of all such policies of insurance so obtained and of all incidents of ownership therein, including without limitation, the rights to all cash and loan values, dividends (if any), death benefits and the right to terminate. No Beneficiary or Participant shall be entitled to any rights, interests or equities in such policies or to any specific asset of Employer of any type, and on the contrary, their rights against Employer under the Plan shall be solely as general creditors. Section 4.2 If as a result of misrepresentations made by a Participant in any application for life insurance upon his life obtained by Employer hereunder, the insurance carrier or carriers or any reinsurance thereof successfully avoid(s) payment to Employer of the proceeds of its or their policy or policies, or such proceeds are not payable because the Participant's death results from suicide within two years of the issuance to Employer of additional policies obtained by Employer hereunder, then, in any of said events, and notwithstanding any other provisions of the Plan or of the Plan Agreement with such Participant, Employer shall have no obligation to his Beneficiary to provide any of the death benefits otherwise payable under the terms thereof. Section 4.3 Each Participant shall cooperate in the securing of life insurance on his life by furnishing such information as the insurance company may require, taking such physical examinations as may be necessary, and taking any other action which may be requested by the Employer or the insurance company to obtain such insurance coverage. If a Participant refuses to cooperate in all the securing of life insurance, or if Employer is unable to secure life insurance at standard rates on a Participant, then, the Plan Agreement shall be of no force and effect as to a Participant unless the Employer waives such requirement in writing. Section 4.4 All benefits under the Plan or Plan Agreement represent an unsecured promise to pay by Tandy. The Plan shall be unfunded and the benefits hereunder shall be paid only from the general assets of Tandy resulting in the Participants and Beneficiaries having no greater rights than Tandy's general creditors; provided, however, nothing herein shall prevent or prohibit Tandy from establishing a trust or other arrangement for the purpose of providing for the payment of the benefits payable under the Plan or Plan Agreement. ARTICLE FIVE BENEFITS PAYABLE TO BENEFICIARIES Section 5.1 Subject to the terms and conditions of the Plan, upon the death of a Participant in Retirement, Employer agrees to pay to Beneficiary a retirement benefit as follows: (a) Normal Retirement. If a Participant retires at a time that constitutes Normal Retirement, then, upon the death of such retired Participant, Employer agrees to pay to the designated Beneficiary of such deceased Participant, all from its general assets, a total amount equal to the amount set forth in the Plan Agreement, such amount to be paid as set forth in Section 5.3 hereof. (b) Early Retirement. If a Participant retires at a time that constitutes an Early Retirement, then, upon the death of such retired Participant, Employer agrees to pay to the designated Beneficiary of such deceased Participant a total amount equal to the amount set forth in the Plan Agreement, reduced by five percent per year for each year that Early Retirement precedes the date of Normal Retirement. Such year shall be a fiscal year beginning on the date a Participant attains age fifty-five (55). Any reduction for a part of a year shall be prorated on a daily basis assuming a 365 day year. Such amount shall be paid as set forth in Section 5.3 hereof. (c) Late Retirement. If a Participant retires at a time that constitutes Late Retirement, then, upon the death of such retired Participant, Employer agrees to pay to the designated Beneficiary of such deceased Participant, all from its general assets, a total amount equal to the amount set forth on the Plan Agreement, reduced by a percentage determined as follows: At Date of Late Retirement Attainment of Age Percent of Reduction 66 0% 67 0% 68 0% 69 0% 70 0% 71 20% 72 40% 73 60% 74 80% 75 100% The percent of reduction shall be measured on a fiscal year beginning on the date of a Participant's date of birth and shall commence on the day after the date a Participant attains age 70, and any reduction for a part of a year shall be prorated on a daily basis at the applicable percentage assuming a 365 day year. Such amount shall be paid as set forth in Section 5.3 hereof. Section 5.2 Subject to the terms and conditions of the Plan, upon the death of a Participant in Retirement, Employer agrees to pay to his Beneficiary from its general assets an amount equal to the amount set forth in the Plan Agreement reduced as provided in Section 5.1 or, as the case may be, in the last amendment to his Plan Agreement. With respect to such benefits, however, it is further provided that: No benefits shall be payable to the Beneficiary of a Participant in those instances covered by Section 4.2. Section 5.3 Except as provided in Section 8.5, the aggregate amount payable upon the death of a Participant in Retirement to his Beneficiary shall be paid in 120 equal monthly installment payments commencing on the first day of the month next following thirty (30) days after the Committee's receipt of a certified death or proof of death certificate verifying the retired Participant's death. A Beneficiary shall notify Employer of death by hand delivery or by certified or registered mail, return receipt requested, postage prepaid, of a written notice of death specifying the date of death, such written notice to be addressed to: Organization and Compensation Committee of the Board of Directors, Tandy Corporation, 1800 One Tandy Center, Fort Worth, Texas 76102. Such notice shall be deemed to be received when actually received by said Committee at said address as may be changed from time to time in the Plan Agreements, as amended. Section 5.4 Until actually paid and delivered to the Beneficiary entitled to same, none of the benefits payable by Employer under any Plan Agreement shall be liable for the debts or liabilities of either the Participant or his Beneficiary, nor shall the same be subject to seizure by any creditor of the Participant or his Beneficiary under any writ or proceeding at law, in equity or in bankruptcy. Further, no Participant or Beneficiary shall have power to sell, assign, transfer, encumber, or in any manner anticipate or dispose of the benefits to which he is entitled or may become entitled under a Plan Agreement. Section 5.5 (a) During the period that Participant is in Retirement or vested under Sections 8.5 or 10.2, Participant agrees that he will not, either directly or indirectly, within the United States of America or in any country of the world that Tandy (or Tandy Subsidiary) or one of its dealers or franchisees sells Consumer Electronic Products (as hereinafter defined) at retail, own, manage, operate, join, control, be employed by, be a consultant to, be a partner in, be a creditor of, engage in joint operations with, be a stockholder, officer or director of any corporation, sole proprietorship or business entity of any type, or participate in the ownership, management, direction, or control or in any other manner be connected with, any business selling Consumer Electronic Products at retail which is at the time of Participant's engaging in such conduct competitive with such products sold by Tandy at retail, except as a shareholder owning less than five percent (5%) of the shares of a corporation whose shares are traded on a stock exchange or in the over-the-counter market by a member of the National Association of Securities Dealers. "Consumer Electronic Products" are those types of products sold at the retail level to the ultimate customer as are advertised by Tandy in its most recently published annual catalogs and monthly flyers. Manufacturing of Consumer Electronic Products and sale of Consumer Electronic Products at levels of distribution other than the retail level are not considered a violation of this covenant. (b) In the event that a Participant engages in any of the activities described in Section 5.5(a) Tandy will give notice to the Participant specifying in detail the alleged violation of Section 5.5(a). Participant will be allowed ninety (90) days to cure such default. If the Committee feels there is continuing competition, then, without any further notice or opportunity to cure, and upon determination by the Board of Directors that such a Participant is engaged in such activities, such Board's decision to be conclusive and binding upon all concerned, and notwithstanding any other provisions of the Plan or of the Plan Agreement with such Participant, Employer's obligation to a Participant to pay any benefits hereunder shall automatically cease and terminate, and Employer shall have no further obligation to such Participant or Beneficiary pursuant to the Plan or the Plan Agreement. Employer may also enforce this provision by suit for damages which shall include but not be limited to all sums paid to Participant hereunder, or for injunction, or both. Section 5.6 Employer may liquidate out of the interest of a Participant hereunder, but only as death benefits become due and payable hereunder, any outstanding loan or loans or other indebtedness of a deceased Participant. Employer may elect not to distribute death benefits to a Beneficiary unless and until all unpaid loans or other indebtedness due to Employer from such deceased Participant, together with interest, have been paid in full. Section 5.7 Subject to termination or amendment of the Plan, Plan Agreement, or both, a Participant's participation in the Plan shall continue during his Disability or his taking a Leave of Absence. A Participant who is Disabled or on Leave of Absence shall notify Employer of his date of Retirement by notification in writing to the Committee at the address and as provided in Section 5.3 hereof. ARTICLE SIX AMENDMENTS OF PLAN AGREEMENTS Section 6.1 The Committee may enter into amendments to the Plan Agreement with any Participant for the purpose of increasing the benefits payable to Participant's Beneficiary in view of increases in his compensation following the execution of such Plan Agreement or the last amendment thereto and for the purpose of amending any provision of this Plan as it might apply to a Participant. In such cases, the acceptance of an amendment by a Participant is voluntary and until the amended Plan Agreement has been submitted to and accepted by him, it shall not be effective. ARTICLE SEVEN BENEFICIARIES OF PARTICIPANTS Section 7.1 At the time of his acceptance of a Plan Agreement, a Participant shall be required to designate the Beneficiary to whom benefits under the Plan and his Plan Agreement will be payable upon his death. A Beneficiary may be one or more persons or entities, such as dependents, persons who are natural objects of the Participant's bounty, an inter vivos or testamentary trust, or his estate. Such Beneficiaries may be designated contingently or successively as the Participant may direct. The designation of his Beneficiary shall be made by the Participant on a Beneficiary Designation Form to be furnished by the Committee and filed with it. Section 7.2 A Participant may change his Beneficiary, as he may desire, by filing new and amendatory Beneficiary Designation Forms with the Committee. Section 7.3 In the event a Participant designates more than one Beneficiary to receive benefit payments simultaneously, each such Beneficiary shall be paid such proportion of such benefits as the Participant shall have designated. If no such percentage designation has been made, the Committee shall hold all benefit payments until the Beneficiaries agree as to the distribution of the funds or a judicial determination has been made. Section 7.4 If the designated Beneficiary dies before the Participant in question and no Beneficiary was successively named, or if the designated Beneficiary dies before complete payment of the deceased Participant's benefits have been made and no Beneficiary was successively named, the Committee shall direct that such benefits (or the balance thereof) be paid to those persons who are the deceased Participant's heirs-at-law determined in accordance with the laws of descent and distribution in force at the date hereof in the State of Texas for separate personal property, such determination to be made as though the Participant had died intestate and domiciled in Texas. Section 7.5 Whenever any person entitled to payments under this Plan shall be a minor or under other legal disability or in the sole judgment of the Committee shall otherwise be unable to apply such payments to his own best interest and advantage (as in the case of illness, whether mental or physical, or where the person not under legal disability is unable to preserve his estate for his own best interest), the Committee may in the exercise of its discretion direct all or any portion of such payments to be made in any one or more of the following ways unless claims shall have been made therefor by an existing and duly appointed guardian, conservator, committee or other duly appointed legal representative, in which event payment shall be made to such representative: (a) directly to such person unless such person shall be an infant or shall have been legally adjudicated incompetent at the time of the payment; (b) to the spouse, child, parent or other blood relative to be expended on behalf of the person entitled or on behalf of those dependents as to whom the person entitled has the duty of support; (c) to a recognized charity or governmental institution to be expended for the benefit of the person entitled or for the benefit of those dependents as to whom the person entitled has the duty of support; or (d) to any other institution, approved by the Committee, to be expended for the benefit of the person entitled or for the benefit of those dependents as to whom the person entitled has the duty of support. The decision of the Committee will, in each case, be final and binding upon all persons and the Committee shall not be obliged to see to the proper application or expenditure of any payments so made. Any payment made pursuant to the power herein conferred upon the Committee shall operate as a complete discharge of the obligations of Employer and of the Committee. Section 7.6 If the Committee has any doubt as to the proper Beneficiary to receive payments hereunder, the Committee shall have the right to withhold such payments until the matter is finally adjudicated, or the Committee may direct Employer to bring a suit for interpleader in any appropriate court, pay any amounts due into court, and Employer and/or Committee shall have the right to recover its reasonable attorney's fees from such proceeds so paid or to be paid. Any payment made by the Committee, in good faith and in accordance with this Plan, shall fully discharge the Committee and Employer from all further obligations with respect to such payments. ARTICLE EIGHT TERMINATION OF PARTICIPATION Section 8.1 Except as provided in Sections 8.4, 8.5, 10.1 and 10.2 hereof, termination of a Participant's employment by Employer other than by reason of Retirement, Disability or Leave of Absence, whether by action of Employer or the Participant's resignation, shall terminate the Participant's participation in the Plan. Neither the Plan nor the Plan Agreement shall in any way obligate Employer to continue the employment of a Participant, nor will either limit the right of Employer to terminate a Participant's employment at any time, for any reason, with or without cause. Section 8.2 Except as provided in Sections 8.4, 8.5, 10.1 and 10.2 hereof, participation in the Plan by a Participant shall also terminate if the Plan or his Plan Agreement is terminated by Tandy in accordance with Article Ten. Section 8.3 Except as provided in Sections 8.4, 8.5, 10.1 and 10.2, hereof, upon termination of a Participant's participation in the Plan, all of Employer's obligations to the Participant and his Beneficiary under the Plan and Plan Agreement and each of them, shall terminate and be of no further effect. Section 8.4 Except as provided in Sections 8.5, 10.1 and 10.2, if a Participant's participation in the Plan is terminated by: (a) termination of the Plan; (b) termination of a Plan Agreement; or (c) termination of employment for any reason other than (i) Dishonest or fraudulent conduct, or (ii) Indictment of a Participant for a felony crime involving moral turpitude (in which event no vesting of Section 8.4(a) or (b) or 10.1 shall occur). then upon death after Retirement of the Participant, such ceased Participant's Beneficiary shall be entitled, as set forth below, to a percentage of the amount set forth in the Plan Agreement as follows: Age Attained at Date of Event Set Forth in Section 8.4(a), (b) or (c) % Vested Age 54 or younger 0% Age 55 to age 65 A percent as determined in Section 5.1(b) hereof Age 65 to age 70 100% Age 70 to age 75 A percent as determined in Section 5.1(c) hereof Age 75 and thereafter 0% The amount payable under this Section 8.4 shall be determined as of the date of the event set forth in Section 8.4 (a), (b) or (c) hereof and such amount as so determined at that time shall not be altered or changed thereafter except that the provisions of Section 5.5 hereof shall remain fully applicable. The amount payable under this Section 8.4 shall be paid as set forth in Section 5.3 hereunder. No benefits shall be payable under this Section 8.4 if Participant is employed by employer at the date of his death. Section 8.5 Notwithstanding anything to the contrary in the Plan or Plan Agreement, (a) In the event of a Change in Control, as hereinafter defined, every Participant immediately shall be vested with the full amount set forth in his Plan Agreement without regard to Section 5.1(b) but subject to Section 5.1(c). Such Plan Agreement Amount shall be payable to the Participant's Beneficiary in a lump sum on the first day of the month next following the date on which such Participant dies. Such lump sum payment shall equal the present value of the Participant's Plan Agreement Amount discounted at the Pension Benefit Guaranty Corporation's Immediate Annuity Rate used to value benefits for single-employer plans terminating on the date of the Participant's death, compounded semi-annually. (b) Any Beneficiary who, on the date of the Change in Control, was receiving benefits under the Plan or Plan Agreement shall be entitled to receive a lump sum equal to the present value of the Beneficiary's remaining amount set forth in the Plan Agreement, calculated in a manner consistent with Section 8.5(a). Section 8.6 In the event that a Participant's employment with Employer is involuntarily terminated for any reason other than those reasons set forth in Section 8.4(c)(i) and (ii), and within a one-year period beginning on the date of such termination there occurs a Change in Control, then such Participant's Beneficiary shall be entitled to receive a lump sum equal to the present value of the amount set forth in the Participant's Plan Agreement (calculated in a manner consistent with Section 8.5(a), payable on the first day of the month next following the Participant's death. Section 8.7 For purposes of the Plan, "Change in Control" shall mean any of the following terms: (a) An acquisition (other than directly from Tandy) of any voting securities of Tandy (the "Voting Securities") by any "Person" (as the term person is used for purposes of Section 13(d) or 14(d) of the Securities Exchange Act of 1934, as amended (the "1934 Act")) immediately after which such Person has "Beneficial Ownership" (within the meaning of Rule 13d-3 promulgated under the 1934 Act) of fifteen percent (15%) or more of the combined voting power of Tandy's then outstanding Voting Securities; provided, however, in determining whether a Change in Control has occurred, Voting Securities which are acquired in a "Non-Control Acquisition" (as hereinafter defined) shall not constitute an acquisition which would cause a Change in Control. A "Non-Control Acquisition" shall mean an acquisition by (1) an employee benefit plan (or a trust forming a part thereof) maintained by (a) Tandy or (b) any corporation or other Person of which a majority of its voting power or its voting equity securities or equity interest is owned, directly or indirectly, by Tandy (for purposes of this Sectin 8.7, a "Tandy Subsidiary"), (2) Tandy or its Subsidiaries, or (3) any Person in connection with a "Non-Control Transaction" (as hereinafter defined). (b) The individuals who, as of August 22, 1990, are members of the Board (the "Incumbent Board"), cease for any reason to constitute at least two-thirds of the Board; provided, however, that if the election, or nomination for election by Tandy's stockholders, of any new director was approved by a vote of at least two-thirds of the Incumbent Board, such new director shall, for purposes of the Plan, be considered as a member of the Incumbent Board; provided further, however, that no individual shall be considered a member of the Incumbent Board if such individual initially assumed office as a result of either an actual or threatened "Election Contest" (as described in Rule 14a-11 promulgated under the 1934 Act) or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board (a "Proxy Contest") including by reason of any agreement intended to avoid or settle any Election Contest or Proxy Contest; or (c) Approval by stockholders of Tandy of: (1) A merger, consolidation or reorganization involving Tandy, unless (i) the stockholders of Tandy, immediately before such merger, consolidation or reorganization, own, directly or indirectly immediately following such merger, consolidation or reorganization, at least sixty percent (60%) of the combined voting power of the outstanding voting securities of the corporation resulting from such merger or consolidation or reorganization (the "Surviving Corporation") in substantially the same proportion as their ownership of the Voting Securities immediately before such merger, consolidation or reorganization, (ii) the individuals who were members of the Incumbent Board immediately prior to the execution of the agreement providing for such merger, consolidation or reorganization constitute at least two-thirds of the members of the board of directors of the Surviving Corporation, (iii) no Person [other than Tandy, any Subsidiary, any employee benefit plan (or any trust forming a part thereof) maintained by Tandy, the Surviving Corporation, or any Tandy Subsidiary, or any Person who, immediately prior to such merger, consolidation or reorganization had Beneficial Ownership of fifteen percent (15%) or more of the then outstanding Voting Securities] has Beneficial Ownership of fifteen percent (15%) or more of the combined voting power of the Surviving Corporation's then outstanding voting securities, and (iv) a transaction described in clauses (i) through (iii) shall herein be referred to as a "Non-Control Transaction"; (v) A complete liquidation or dissolution of Tandy; or (vi) An agreement for the sale or other disposition of all or substantially all of the assets of the Company to any Person (other than a transfer to a Tandy Subsidiary). Notwithstanding the foregoing, a Change in Control shall not be deemed to occur solely because any Person (the "Subject Person") acquired Beneficial Ownership of more than the permitted amount of the outstanding Voting Securities as a result of the acquisition of Votin Securities by Tandy which, by reducing the number of Voting Securities outstanding, increases the proportional number of shares Beneficially Owned by the Subject Person, provided that if a Change in Control would occur (but for the operation of this sentence) as a result of the acquisition of Voting Securities by Tandy, and after such share acquisition by Tandy, the Subject Person becomes the Beneficial Owner of any additional Voting Securities which increases the percentage of the then outstanding Voting Securities Beneficially Owned by the Subject Person, then a Change in Control shall occur. Section 8.8 Notwithstanding any provision to the contrary in the Plan, upon a Change in Control, the provisions of Sections 5.5 and 5.6 shall lapse and become null and void. ARTICLE NINE ADMINISTRATION OF THE PLAN Section 9.1 The Plan shall be administered by the Organization and Compensation Committee of the Board of Directors of Tandy, as it is presently constituted or as it may be changed from time to time by the Board of Directors. Section 9.2 In addition to the express powers and authorities accorded the Committee under the Plan, it shall be responsible for: (a) Construing and interpreting the Plan; (b) Computing and certifying to Employer the amount of benefits to be provided in each Plan Agreement for the Beneficiary of the Participant; and (c) Determining the right of a Beneficiary to payments under the Plan and otherwise authorizing disbursements of such payments by Employer; in these and all other respects its decisions shall be conclusive and binding upon all concerned. Section 9.3 Employer agrees to hold harmless and indemnify the members of the Committee against any and all expenses, claims, and causes of action by or on behalf of any and all parties whomsoever, and all losses therefrom, including without limitation the cost of defense and attorneys' fees, based upon or arising out of any act or omission relating to or in connection with the Plan other than losses resulting from any such Committee member's fraud or willful misconduct. ARTICLE TEN TERMINATION OR AMENDMENT OF THE PLAN OR PLAN AGREEMENT Section 10.1 Employer reserves the right to terminate or amend this Plan or any Plan Agreement, in whole or in part, at any time, or from time to time, by resolution of the Board of Directors of Tandy, provided, however, no amendment to the Plan or to any Plan Agreement shall alter the vested rights of a Participant or Beneficiary applicable on the effective date of such termination or amendment and, except for increases in Plan compensation as provided in Section 8.5 hereof, such vested rights shall remain unchanged. Rights are deemed to have vested if benefits are actually being paid or if the only condition precedent to the payment of benefits is the death of a Participant (unless his employment was terminated for reasons set forth in Section 8.4(c)(i) and (ii), in which event all benefits are forfeited) with Employer or the giving of notice of Retirement or the occurrence of an event described in Section 8.5(a), (b) or (c). Section 10.2 Notwithstanding anything to the contrary in the Plan or Plan Agreement, (a) Sections 8.5, 8.6, 8.7, 8.8 and this Section 10.2 shall not be amended or terminated at any time. (b) For a period of one year following a Change in Control, the Plan or Plan Agreement shall not be terminated or amended in any way, nor shall the manner in which the Plan is administered be changed in a way that adversely affects the Participants' or Beneficiary's right to existing or future Tandy provided benefits or contributions provided hereunder, including, but not limited to, any change in, or to, the eligibility requirements, benefit formulae and manner and optional forms of payments. (c) Any amendment or termination of the Plan or Plan Agreement prior to a Change in Control which (i) was at the request of a third party who has indicated an intention or taken steps reasonably calculated to effect a Change in control or (ii) otherwise arose in connection with, or in anticipation of, a Change in Control, shall be null and void and shall have no effect whatsoever. (d) In the event the Plan or any Plan Agreement is terminated or adversely amended to the detriment of any Participant or Beneficiary and within a one-year period from the effective date of any such amendment or termination a Change in Control occurs, then the Beneficiaries of any Participant whose employment with Employer is terminated, voluntarily or involuntarily, within a three-year period from the date of the Change in Control shall be entitled to receive those benefits set forth in Section 8.5 hereof to the same extent and in the same amounts as though such amendment or termination had not occurred. This Section 10.2(e) shall not apply to any Beneficiary of any Participant who, on the date of the Change in Control, has previously retired or has otherwise voluntarily terminated his employment with Employer. ARTICLE ELEVEN MISCELLANEOUS Section 11.1 The Plan and Plan Agreement and each of their provisions shall be construed and their validity determined under the laws of the State of Texas. Section 11.2 The masculine gender, where appearing in the Plan or Plan Agreement, shall be deemed to include the feminine gender. The words "herein," "hereunder" and other similar compounds of the word "here" shall mean and refer to the entire Plan Agreement, not to any particular provision, section or subsection, and words used in the singular or plural may be construed as though in the plural or singular where they would so apply. Section 11.3 Any action brought by a Participant or Beneficiary under the Plan or Plan Agreement may be brought in the appropriate state or federal court for Tarrant County, Texas, or for the county wherein the Participant or Beneficiary maintains his or her residence. Any suit brought by Tandy under the Plan may only be brought in the county wherein the Participant or Beneficiary maintains his or her residence, unless the Participant or Beneficiary consents to suit elsewhere. Section 11.4 Any person born on February 29 shall be deemed to have been born on the immediately preceding February 28 for all purposes of this Plan. Section 11.5 This Plan shall be binding upon and inure to the benefit of any successor of Employer and any such successor shall be deemed substituted for Employer under the terms of this Plan. As used in this Plan, the term "successor" shall include any person, firm, corporation, or other business entity which at any time, whether by merger, purchase, or otherwise, acquires all or substantially all of the assets or business of Employer. DATED: June 10, 1991 The foregoing plan was adopted 11/12/86, and includes amendments adopted on 1/26/89 and on 8/22/90.