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NOTE E --EMPLOYEE BENEFIT PLAN --Continued <br />Employees of Sun Ag, Inc., formerly Fellsmere Management Company (the "Company"), <br />are eligible to participate after completing 30 months of service and attaining age <br />20 1/2. Contributions by the Joint Venture to the profit sharing plan are made at <br />the discretion of the Company's Board of Directors. Employees may contribute up to <br />i 10% of their annual compensation to the self-directed salary savings plan. The <br />employee is fully vested in their contributions immediately. Normal withdrawals <br />may begin at age 55, with provisions for "hardship" withdrawals prior to that age. <br />Employees receive the then current value of their account upon termination. <br />NOTE F --LINE OF CREDIT <br />The Joint Venture has available a $4,000,000 unsecured line of credit with a bank. <br />The line of credit, which is unused at September 30, 1988, would carry interest at <br />the bank's prime rate. <br />-12- <br />