NON-QUALIFIED DEFERRED COMPENSATION PLAN
Section 1. Purpose. The purpose of this Plan is to provide certain executives of Household International, Inc. (the
"Company") and certain of its direct and indirect subsidiaries (the Company and such subsidiaries being referred
to as the "Employers") the opportunity to defer receipt of compensation and provide for future savings of
compensation earned. The provision of such an opportunity is designed to aid the Company in attracting and
retaining as executives persons whose abilities, experience and judgment can contribute to the well-being of the
Section 2. Name, Effective Date. The effective date of this plan known as the Household International Non-
Qualified Deferred Compensation Plan (the "Plan") is December 1, 1996.
Section 3. Eligibility. Any executive of the Employers who is on the United States payroll and whose base salary
is at least $160,000 as of the November 1 preceding the year for which an election is made is eligible to
participate in this Plan.
Section 4. Deferred Compensation Account. An unfunded deferred compensation account shall be established
for each person who elects to participate in the Plan.
Section 5. Amount of Deferral. For calendar year 1997 and for each calendar year thereafter, a participant may
elect to defer receipt of a specified portion of the unearned salary that would otherwise be paid in that year
and/or all or a specified portion of the cash bonus which will be earned for that year which generally becomes
payable to the participant in the following year. An amount equal to the compensation deferred will be credited to
the participant's deferred compensation account on the date such compensation would otherwise be initially
payable. In no event may a participant make a deferral election with respect to his or her salary that would cause
his projected salary expected to be actually paid in that year to be reduced below $160,000. A participant may,
however, elect to defer all