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Adoption Agreement

Employee Benefits Plan Agreement

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This Employee Benefits Plan Agreement involves

Fidelity Management Trust Company | Hub Group, Inc

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Title: Adoption Agreement
Date: 2/28/2005

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Exhibit 10.16












The CORPORATEplan for RetirementSM
EXECUTIVE Plan








Adoption Agreement


















IMPORTANT NOTE

This document has not been approved by the Department of Labor, the Internal Revenue Service or any other governmental entity. An Adopting Employer must determine whether the plan is subject to the Federal securities laws and the securities laws of the various states. An Adopting Employer may not rely on this document to ensure any particular tax consequences or to ensure that the Plan is “unfunded and maintained primarily for the purpose of providing deferred compensation to a select group of management or highly compensated employees” under the Employee Retirement Income Security Act with respect to the Employer’s particular situation. Fidelity Management Trust Company, its affiliates and employees cannot provide you with legal advice in connection with the execution of this document. This document should be reviewed by the Employer’s attorney prior to execution.

ADOPTION AGREEMENT
ARTICLE 1

1.01    PLAN INFORMATION

             (a)      Name of Plan:

                       This is the Hub Group, Inc. Non-Qualified Deferred Compensation Plan (the “Plan”).

             (b)      Name of Plan Administrator, if not the Employer:

                                                                                                                                                          

                       Address:                                                                                                                   

                       Phone Number:                                                                                                        

                       The Plan Administrator is the agent for service of legal process for the Plan.

             (c)      Plan Year End is December 31.

             (d)      Plan Status (check one):

                       (1)      |X|     Effective Date of new Plan: 1/1/2005

                       (2)      |_|     Amendment Effective Date:                

                                          The original effective date of the Plan:                

1.02    EMPLOYER

             (a)      The Employer is:     Hub Group, Inc.                                  

                        Address:                   3050 Highland Parkway, Suite 100    

                                                            Downers Grove, IL 60515                   

                        Contact's Name:       Brigitte Slaker                                       

                        Telephone Number: (630) 271-3778                                       

                        (1)     Employer’s Tax Identification Number: 36-4007085

                        (2)     Business form of Employer (check one):

(A)         |X|    Corporation (Other than a Subchapter S corporation)

(B)         |_|    Other (e.g., Subchapter S corporation, partnership, sole proprietor)

                        (3)      Employer’s fiscal year end: 12/31

             (b)     The term “Employer” includes the following Related Employer(s)
                        (as defined in Section 2.01(a)(24)):

                        Hub Chicago Holdings, Inc.
                        Hub City Terminals, Inc.
                        Hub City Texas, LP
                        Hub Freight Services, Inc.
                        Hub Group Associates, Inc.
                        Hub Group Atlanta, LLC
                        Hub Group Canada, LP
                        Hub Group Distribution Services, LLC
                        Hub Group Transport, LLC
                        Q.S. of Georgia, LLC
                        Q.S. of Illinois, LLC
                        QSSC, Inc.
                        Quality Services of Kansas, LLC
                        Quality Services, LLC

1.03    COVERAGE

             (a)      The following Employees are eligible to participate in the Plan:

                       (1)      |X|     Only those Employees listed in Attachment A will be eligible to participate in the Plan.

                       (2)      |_|      Only those Employees in the eligible class described below will be eligible to participate
                                            in the Plan:


                       (3)      |_|      Only those Employees described in the Board of Directors Resolutions attached hereto
                                            and hereby made a part hereof will be eligible to participate in the Plan.

             (b)     The Entry Date(s) shall be (check one):

                       (1)      |_|      each January 1.

                       (2)      |X|      each January 1 and each July 1.

                       (3)      |_|      each January 1 and each April 1, July 1 and October 1.

                       (4)      |_|      the first day of each month.

                       (5)      |_|      immediate upon meeting the eligibility requirements specified in Subsection 1.03(a).

1.04    COMPENSATION

             For purposes of determining Contributions under the Plan, Compensation shall be as defined (check (a) or (b)
             below, as appropriate):

             (a)      |X|      in Section 2.01(a)(8), (check (1) or (2) below, if and as appropriate)):

                        (1)      |_|    but excluding (check the appropriate box(es)):

                                  (A)      |_|   Overtime Pay.

                                  (B)      |_|   Bonuses.

                                  (C)      |_|   Commissions.

                                  (D)      |_|   The value of a qualified or a non-qualified stock option granted to an Employee by the
                                                    Employer to the extent such value is includable in the Employee’s taxable income.

                                  (E)      |_|   The following:


                        (2)      |_|    except as otherwise provided below:


             (b)      |_|    in the _____________________Plan maintained by the Employer to the extent it is in excess of the
                               limit imposed under Code Section 401(a)(17).

1.05    CONTRIBUTIONS

             (a)      Employee contributions (Complete all that apply)

                        (1)      |X|   Deferral Contributions. The Employer shall make a Deferral Contribution in accordance with, and
                                  subject to, Section 4.01 on behalf of each Participant who has an executed salary reduction agreement in
                                  effect with the Employer for the calendar year (or portion of the calendar year) in question, not to
                                  exceed 50% of Compensation, exclusive of any Bonus.

                        (2)      |X|    Bonus Contributions. The Employer requires Participants to enter into a special salary reduction
                                  agreement to make Deferral Contributions of any percentage of Employer paid cash Bonuses, up to
                                  100% of such Bonuses. [The Compensation definition elected by the Employer in Section 1.04 must
                                  include Bonuses if Bonus contributions are permitted.]

             (b)      |X|    Matching Contributions (Choose (1) or (2) below, and (3) below, as applicable.)

                        (1)      |X|   The Employer shall make a Matching Contribution on behalf of each Participant in an amount
                                  equal to the following percentage of a Participant’s Deferral Contributions during the Plan Year
                                  (check one):

                                  (A)      |_|   50%

                                  (B)      |_|   100%

                                  (C)      |_|   ___%

                                  (D)      |_|   (Tiered Match)________% of the first_______% of the Participant’s Compensation
                                                     contributed to the Plan.

                                  (E)      |_|   The percentage declared for the year, if any, by a Board of Directors’ resolution.

                                  (F)      |X|   Other: 50% of the first 6% of the Participant’s Compensation contributed to the Plan, up to a
                                                    maximum of (i) 3% of base salary for Employees or (ii) 3% of Directors’ fees for
                                                    non-employee Directors.

                        (2)      |_|    Matching Contribution Offset. For each Participant who has made 401(k) Deferrals at least equal
                                  to the maximum under Code Section 402(g) or, if less,the maximum permitted under the Qualified Plan,
                                  the Employer shall make a Matching Contribution for the calendar year equal to (A) minus (B) below:

                                  (A)      The 401(m) Match that the Participant would have received under the Qualified Plan for such
                                              calendar year on the sum of the Participants Deferral Contributions and the Participant’s 401(k)
                                              Deferrals if no limits otherwise imposed by tax law applied to the 401(m) Match and deeming
                                              Participant’s Deferral Contributions to be 401(k) Deferrals.

                                  (B)     The 401(m) Match actually allocated to such Participant under the Qualified Plan for the
                                             calendar year.

                                   For purposes of this Section 1.05(b): “Qualified Plan” means the __________________ Plan; “401(k)
                                   Deferrals” means contributions under the Qualified Plan’s cash or deferred arrangement as
                                   defined in Code Section 401(k); and “401(m) Match” means a matching contribution as defined
                                   in Code Section 401(m).

                        (3)      |_|    Matching Contribution Limits (check the appropriate box(es)):

                                  (A)      |_|   Deferral Contributions in excess of ______% of the Participant’s Compensation for the
                                                    period in question shall not be considered for Matching Contributions.

  Note: If the Employer elects a percentage limit in (A) above and requests the Trustee to account separately for matched and unmatched Deferral Contributions, the Matching Contributions allocated to each Participant must be computed, and the percentage limit applied, based upon each period.

                                  (B)     |_|    Matching Contributions for each Participant for each Plan Year shall be limited
                                                     to $.________

                        (4)      Eligibility Requirement(s) for Matching Contributions. A Participant who makes Deferral
                                  Contributions during the Plan Year under Section 1.05(a) shall be entitled to
                                  Matching Contributions for that Plan Year if the Participant satisfies the following
                                  requirement(s) (Check the appropriate box(es). Options (B) and (C) may not be elected together):
                                   

                                 (A)      |X|    Is employed by the Employer on the last day of the Plan Year.

                                  (B)      |_|    Earns at least 500 Hours of Service during the Plan Year.

                                  (C)      |_|    Earns at least 1,000 Hours of Service during the Plan Year.

                                  (D)      |_|    Other:_______________

                                  (E)      |_|    No requirements.

  Note: If option (A), (B) or (C) above is selected, then Matching Contributions can only be made by the Employer after the Plan Year ends. Any Matching Contribution made before Plan Year end shall not be subject to the eligibility requirements of this Section 1.05(b)(3)).

             (c)      Employer Contributions

                        (1)      |_|   Fixed Employer Contributions. The Employer shall make an Employer Contribution on behalf of
                                   each Participant in an amount determined as described below (check at least one):

                                 (A)      |_|   In an amount equal to _________% of each Participant’s Compensation each Plan Year.

                                  (B)      |_|   In an amount determined and allocated as described below:

_________________

                                  (C)      |_|   In an amount equal to (check at least one):

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