Amended and Restated Plan

Amended and Restated Plan. This United Parcel Service of America, Inc. 1996 Stock Option Plan as originally adopted by the Board on February 14, 1996 and by the shareowners of the Company at the 1996 Annual Meeting of Shareowners, as amended and restated on February 12, 1997, as amended and restated on September 19, 1997, and as further amended in accordance herewith from time to time.