CAPITAL SOUTHWEST CORPORATION AND ITS AFFILIATES 2009 RESTORATION OF RETIREMENT INCOME PLAN

SECTION 1 INTRODUCTION

1

 1.1

Introduction

1

  1.2

Definitions

1

1.2.1

Accrued Benefit

1

1.2.2

Actuarial Equivalent

1

1.2.3

Affiliate

1

1.2.4

Beneficiary

1

1.2.5

Benefit Commencement Date

2

1.2.6

Code

2

1.2.7

Company

2

1.2.8

Compensation

2

1.2.9

Credited Service

2

1.2.10

Effective Date

2

1.2.11

Eligible Employee

2

1.2.12

Employer

2

1.2.13

ERISA

2

1.2.14

Final Average Monthly Compensation

2

1.2.15

Monthly Covered Compensation

3

1.2.16

Participant

3

1.2.17

Participation Date

3

1.2.18

Plan

3

1.2.19

Plan Year

3

1.2.20

Qualified Plan

3

1.2.21

Separation

3

1.2.22

Spouse

4

1.2.23

Trust

4

1.2.24  

Trust Fund

4

1.2.25

Trustee

4

 1.3

Rules of Interpretation

4

SECTION 2 PARTICIPATION

5

  2.1

Participation

 5

  2.2

Cessation of Eligibility

 5

SECTION 3 BENEFIT

  5

  3.1

Accrued Benefit

 5

  3.2

No Duplication of Benefits

 6

SECTION 4 PAYMENT OF BENEFITS

  6

  4.1

Payment

 6

4.1.1

Small Amounts

6

4.1.2

Death

6

  4.2

Form of Payment

 7

  4.3

Withholding of Taxes

 7

  4.4

  Acceleration of Benefit Payments

7

4.4.1

Payment upon Income Inclusion under Code §409A.

7

4.4.2

Conflicts of Interest

7

  4.5

Delay of Payments

 7

  4.6

Forfeiture of Benefits

 8

  SECTION 5 BENEFICIARIES   

  8

  5.1

Designation

 8

  5.2

Application of Payment

 9

  5.3

Facility of Payment

 9

  SECTION 6 UNFUNDED PLAN  

  9

  6.1

Establishment of Trust

 9

  6.2

Funding and Location of Trust

 9

  6.3

Interrelationship of the Plan and the Trust

 9

  6.4

Distrbutions from the Trust

 9

6.5

Spendthrift Provision

9

SECTION 7 AMENDMENT AND TERMINATION

10

7.1

Amendment

10

7.2

Termination

10

SECTION 8 DETERMINATIONS - RULES AND REGULATIONS

10