James Robertson

IRA 5. STOCKS 6. Proctrer & Gamble PG 7. Cisco Sys Inc CSCO — None — Sold (part) — —————————

Part 11 WILMER, CUTLER & PICKERING RETIREMENT PLAN

The plan provides essentially for a retiring parmer to receive monthly payments for the rest of the partner's life, provided only that the partner does not directly

compete with Wilmer, Cutler & Pickering in the practice of law. Payments are calculated at the time of a partner's retireent and are fixed at an amount which

(annually) equals 25 percent of the partner's average annual income for the partners last three years. There is no occasion for upward adjustment of retirement

payments, except that adjustments will be made to reflect increases in the cost of living if and to the extent cumulative inflation exceeds 4 percent in a year. There

is no occasion for downward adjustment, except that the firm's annual obligation to all retired partners together is capped at 5 percent of firm income. The

Retirement Plan has no provision for payment of a lump sum in licu of perioic payments.