Employee Stock Purchase Plan -

Employee Stock Purchase Plan - Tyson Foods Inc.(Thu, 01 Jan 1970 00:00:00 GMT)

   TYSON FOODS, INC.
                       EMPLOYEE STOCK PURCHASE PLAN
                                    
                             TABLE OF CONTENTS

PURPOSE OF THE PLAN                                            1

ARTICLE I Definitions                                          1
     1.1  Affiliate                                            1
     1.2  Base Earnings                                        1
     1.3  Committee                                            1
     1.4  Effective Date                                       1
     1.5  Eligible Employee                                    1
     1.6  Employer                                             1
     1.7  Leave of Absence                                     1
     1.8  Pay Period, Payday                                   2
     1.9  Participant                                          2
     1.10 Participating Affiliate                              2
     1.11 Payroll Deduction Authorization                      2
     1.12 Plan Administrator                                   2
     1.13 Prevailing Market Price                              2
     1.14 Service                                              3
     1.15 Stock                                                3
     1.16 Termination of Service                               3

ARTICLE II  Eligibility to Participate                         3

ARTICLE III Employee Participation and Contributions           3
     3.1  Voluntary, Non-Discriminatory Plan                   3
     3.2  How an Employee Elects to Participate                3
     3.3  Limits on Contribution                               3
     3.4  Voluntary Withdrawal from the Plan                   4
     3.5  Termination of Service Means Withdrawal from Plan    4
     3.6  Effect of Participant's Withdrawal from Plan         4
     3.7  Bookkeeping Accounts                                 4
     3.8  Distributions from Plan Upon Termination of Service  4

ARTICLE IV  Employer Contributions                             5
     4.1  Employer Matching Contributions                      5
     4.2  Employer Discretionary Non-matching Contributions    5

ARTICLE V Administration of the Plan                           6
     5.1  Administrative Committee                             6
     5.2  Employer Contributions of Cash and Dividends         6
     5.3  Investment in Tyson Stock                            6
     5.4  No Interest to be Paid                               6
     5.5  Dividends to be Used to Purchase Additional Shares   7
     5.6  Not Transferable                                     7
     5.7  Voting Rights                                        7
     5.8  Costs of the Plan                                    7
     5.9  Brokerage Costs                                      7
     5.10 Indemnification                                      7




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ARTICLE VI  Reports and Delivery of Share Certificates         7
     6.1  Quarterly Reports                                    7
     6.2  Delivery of Share Certificates                       8

ARTICLE VII Amendment and Termination of the Plan              8

ARTICLE VIII Adjustments Upon Changes in Stock                 9

ARTICLE IX  Miscellaneous Provisions                           9
     9.1  No Contract of Employment Intended                   9
     9.2  Information Available                               10
     9.3  Securities Laws Restrictions                        10
     9.4  Waiver                                              10
     9.5  Notices                                             10
     9.6  Severability                                        10
     9.7  Governing Law                                       10
     9.8  Rules of Construction                               10
     9.9  Plan Year                                           10
     9.10 Designation of Beneficiary                          11
     9.11 Lost Participants                                   11
    


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                            PURPOSE OF THE PLAN

     The purpose of the Tyson Foods, Inc. Employee Stock Purchase Plan (the
'Plan') is to provide the employees of Tyson Foods, Inc. ('Tyson') and  its
Participating  Affiliates  a convenient way to acquire  shares  of  Tyson's
Class  A  Common  Stock through periodic investment and thus  maintain  and
stimulate  employee interest in the growth and profitability  of  Tyson  by
means of an opportunity to share in a proprietary interest in Tyson.

                                 ARTICLE I
                                Definitions
                                    
     1.1  Affiliate.  'Affiliate' shall include all wholly-owned subsidiaries of
Tyson  and  any other entity which may be designated from time to  time  as
such by the Board of Directors of Tyson.

     1.2  Base Earnings.  'Base Earnings' means the amount of regular salary or
wages,  including overtime payments and commission payments, but  does  not
include  discretionary  and non-discretionary bonuses  or  other  irregular
payments made by an Employer to a Participant.

     1.3   Committee.  'Committee' shall mean the administrative  committee
appointed  by the Board of Directors of Tyson to carry out the purposes  of
the Plan as set forth in Section 5.1 below.

     1.4  Effective Date.  The 'Effective Date' of this Plan is January 1, 2000.

     1.5  Eligible Employee.  'Eligible Employee' means any person (including a
corporate  officer) who is employed as a common law employee and classified
as  working  full-time in the regular service of Tyson or  a  Participating
Affiliate; provided, however, such term shall not include any person who is
a member of a collective bargaining unit and who is covered by a collective
bargaining  agreement which does not provide for coverage  of  such  person
under this Plan.

     1.6  Employer.  'Employer' means Tyson and all Participating Affiliates.

     1.7  Leave of Absence.  'Leave of Absence' means absence from the active
service with Tyson or an Affiliate, with the permission of the Employer, by
reason of illness, military service, or for any other reason as approved or
allowed  by the Employer's personnel policies.  Such Leave of Absence  will
not terminate an Eligible Employee's Service, provided he returns to active
employment at the expiration of his leave in accordance with his Employer's
policy  with  respect  to  permitted absences. An Eligible  Employee  whose
Service  is terminated and who is subsequently re-employed by Tyson  or  an
Affiliate will, for all purposes of the Plan, be considered a new  employee
as of the effective date of his reemployment.

     1.8  Pay Period, Payday.  'Pay Period' means the interval of a time for
which  an  Eligible  Employee  regularly  receives  his  compensation,  and
'Payday'  means  the day on which the Eligible Employee regularly  receives
his compensation for the Pay Period.

     1.9  Participant.  'Participant' means an Eligible Employee who has elected
to  participate  in  the  Plan in accordance  with  Article  II  until  the
Participant withdraws from the Plan and receives a complete distribution of
Stock and cash credited to his Plan account.

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     1.10 Participating Affiliate.  'Participating Affiliate' means an Affiliate
that  has  adopted the Plan with the consent of the Board of  Directors  of
Tyson.  If an organization which is or has become an Affiliate ceases to be
an  Affiliate,  such  organization shall be deemed to have  withdrawn  from
participation in the Plan.

     1.11   Payroll   Deduction  Authorization.   The  'Payroll   Deduction
Authorization'  shall be in a form specified by the Plan Administrator  and
shall  direct  the  Employer to withhold from a  Participant's  paycheck  a
specified  dollar amount or a specified percentage of his Base Earnings  to
be used for the purchase of Stock under this Plan.

     1.12 Plan Administrator.  The 'Plan Administrator' shall be responsible for
the administration of the Plan and, in lieu of any designation by the Board
of  Directors  of  Tyson to the contrary, Tyson shall  serve  as  the  Plan
Administrator and shall act through the Committee as its representative.

     1.13 Prevailing Market Price.  The term 'Prevailing Market Price' shall
mean:
         
          (a)   the  actual purchase price if purchased in the open market;
     or
         
          (b)  if treasury shares are purchased:
              
               (i)   if the Stock is not at the time listed or admitted  to
          trading  on  a  stock exchange or in the over-the-counter  market
          under  the  National  Association  of  Securities  Dealers,  Inc.
          Automated  Quotation  System ('NASDAQ'),  the  Prevailing  Market
          Price shall be the mean between the lowest reported bid price and
          highest reported asked price of the Stock on the date in question
          in the over-the-counter market, as such prices are reported in  a
          publication  of  general  circulation  selected  by   Tyson   and
          regularly reporting the market price of the Stock in such market;
          or
              
               (ii)  if  the  Stock is at the time listed  or  admitted  to
          trading  in the over-the-counter market under NASDAQ  or  on  any
          stock  exchange, then the Prevailing Market Price  shall  be  the
          reported  closing sale price of the Stock on the date in question
          on  the  principal exchange on which the Stock is then listed  or
          admitted to trading.  If no reported sale of Stock takes place on
          the  date  in question, then the reported closing asked price  of
          the  Stock  on  such  date shall be determinative  of  Prevailing
          Market Price.

     1.14 Service.  'Service' means that period of continuous uninterrupted
employment with Tyson or any one or more of its Affiliates from an Eligible
Employee's  first  day  of  employment until his  date  of  termination  of
employment with all Affiliates. However, in the case of an Affiliate  which
has been acquired by Tyson through the acquisition of substantially all  of
the  assets  or  all of the stock of the Affiliate, Service  shall  include
employment  prior to the date on which such Affiliate is  designated  as  a
Participating  Affiliate on such terms as the Board of Directors  of  Tyson
may  expressly  provide.   Service  with  two  or  more  Affiliates  during
consecutive  periods  shall  be  considered  continuous  service  with  one
Affiliate.
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     1.15 Stock.  All references herein to 'Stock' shall mean shares of Class A
Common Stock of Tyson.

     1.16 Termination of Service.  'Termination of Service' means any absence
from  the employment of Tyson or any Affiliate (including, but not  limited
to,  absences by reason of discharge or resignation) which is not deemed  a
Leave of Absence as defined herein.

                                ARTICLE II
                        Eligibility to Participate
                                    
     Except  as  provided below, each Eligible Employee of Tyson  or  of  a
Participating  Affiliate  who has completed two  full  calendar  months  of
Service  shall  be  eligible to participate in the Plan commencing  on  the
first  Payday  that  falls on or after the first  day  of  the  immediately
succeeding month.

                                ARTICLE III
                 Employee Participation and Contributions
                                    
     3.1  Voluntary, Non-Discriminatory Plan.  Participation in this Plan shall
be voluntary and all Participants shall have the same rights and privileges
under  the  Plan,  except to the extent the terms  of  the  Plan  otherwise
provide.

     3.2  How an Employee Elects to Participate.  Except as provided in Sections
3.9  and  4.2 below, an Eligible Employee may elect to participate  in  the
Plan   by   executing   or  otherwise  authorizing  a  'Payroll   Deduction
Authorization'   (within   the  time  period   prescribed   by   the   Plan
Administrator)  prior  to the Payday on which the  Eligible  Employee  will
begin  participation.  By confirming a Payroll Deduction Authorization,  an
Eligible Employee also affirms his acceptance of the terms of this Plan.
    
     3.3  Limits on Contribution.  The minimum payroll deduction shall be one
dollar  ($1.00)  per  week  and the maximum shall  be  twenty-five  dollars
($25.00)  per week, as the Participant shall elect, or, in the alternative,
the  minimum  payroll deduction shall be one percent (1%) of Base  Earnings
and the maximum shall be ten percent (10%) of Base Earnings.  At such times
as  permitted  by  the Plan Administrator, a Participant  may  increase  or
decrease  his contribution under the Plan by any multiple of one dollar  or
one  percent (1%); however, no Eligible Employee may contribute, in any one
year,  more than ten percent (10%) of his Base Earnings or, if he elects  a
payroll  deduction of a specific dollar amount, twenty-five dollars  $25.00
per week.
    
     3.4   Voluntary Withdrawal from the Plan.  A Participant  who  remains
employed  by an Employer may withdraw from the Plan by submitting a  notice
of cancellation of his Payroll Deduction Authorization in the manner and to
the  person determined by the Plan Administrator from time to time, but  no
later  than  prior  to  the  Payday for which the  cancellation  is  to  be
effective.   Any Participant who so withdraws from the Plan may  renew  his
participation in the Plan as soon as administratively practicable and  will
be  entitled  to  withdraw his Stock from the Plan only in accordance  with
Section 6.2.



                                   40

    
     3.5   Termination  of  Service Means Withdrawal  from  Plan.   Upon  a
Participant's  Termination of Service, the Participant will  be  deemed  to
have withdrawn from the Plan as of his last regular Payday.

     3.6   Effect of Participant's Withdrawal from Plan.  On and after  the
effective  date  of a Participant's withdrawal from the  Plan,  no  further
contribution  under  the  Plan  shall be  permitted  by  or  made  for  the
Participant,  except  as may be provided pursuant to  this  Section  3  and
Section 4.2 below.
    
     3.7  Bookkeeping Accounts.  All payroll deductions made for a Participant
shall  be  credited  to  the  Participant's  Plan  account.   Such  payroll
deductions  shall be commingled with the general assets  of  Tyson  and  no
separate  fund shall be established.  Participant accounts are kept  solely
for bookkeeping purposes.

     3.8   Distributions  from Plan Upon Termination of  Service.   Upon  a
Participant's  Termination of Service for any reason, the  Committee  shall
obtain  a  share certificate representing the number of shares of Stock  to
which the Participant is entitled and shall send the share certificate  and
a  check  for  the  sum  of uninvested funds held to  the  credit  of  such
Participant,  by ordinary mail, to the Participant's mailing  address  last
known to his Employer.  Upon the death of a Participant and upon receipt by
the  Employer of proof of identity and existence at the Participant's death
of  a  beneficiary validly designated by him under the Plan, the  Committee
shall  obtain  and forward the share certificate and check  for  uninvested
funds  in  the manner provided above to such beneficiary.  In the event  of
the  death  of  a  Participant and in the absence of a beneficiary  validly
designated  under  the Plan who is living at the time of  such  death,  any
Stock  and cash credited to the Participant under the Plan shall be payable
to  the  spouse to whom the Participant was legally married at the time  of
his  death and, if the deceased Participant is not survived by a spouse  to
whom  he  was legally married at the time of his death, any such Stock  and
cash shall be payable to the executor or administrator of the estate of the
Participant.   No beneficiary shall, prior to the death of the  Participant
by  whom he has been designated, acquire any interest in the Stock or  cash
credited to the Participant under the Plan.

                                ARTICLE IV
                          Employer Contributions
    
     4.1  Employer Matching Contributions.
              
               (a)  Each Participant who has completed at least one year of
          Service   (as  defined  above)  with  Tyson  or  a  Participating
          Affiliate shall be entitled to Employer matching contributions on
          that   Participant's  contributions,  if  any,   made   following
          completion of the first year of Service in the amount and  manner
          as determined in Subsections (b) and (c) of this Section.

               (b)   Contributions made pursuant to this Section 4.1  shall
          match only the Participant contributions made pursuant to Section
          3.2  above.  Such matching contributions shall be equal to  fifty
          percent (50%) of all amounts deferred by such Participants  under
          Section 3.2 of the Plan.


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               (c)   Participants determined to be (x) 'eligible employees'
          on  January 1 of each calendar year under the provisions  of  the
          'Executive  Savings  Plan of Tyson Foods, Inc.';  (y)  'executive
          officers' as defined by Rule 16a-1 of the Securities Exchange Act
          of 1934, as amended; or (z) non-resident aliens and who otherwise
          are entitled to matching contributions under this Plan shall have
          such  contributions made to a matching account  under  the  Plan.
          Matching  contributions made on behalf of all other  Participants
          hereunder  who  are  entitled to Employer matching  contributions
          shall  be made directly to the 'Stock Match Accounts' established
          for such Participants under the 'Retirement Savings Plan of Tyson
          Foods,   Inc.,'   with  such  amounts  to  be  administered   and
          distributed pursuant to the related terms of such plan.

               (d)   Matching contributions generally will be  made  at  or
          about the same time as the payroll deductions for the Participant
          contributions to which they relate.

     4.2  Employer Discretionary Non-matching Contributions.  In addition to
Employer matching contributions made pursuant to Section 4.1, Tyson, in the
sole  discretion of its Board of Directors, or any other Employer may  from
time to time make non-matching contributions of cash or shares of Stock  to
the  Plan for allocation to certain Participants in the Plan or to  certain
other  Eligible  Employees  who  are  not  enrolled  in  the  Plan.    Such
contributed  shares  shall be held for the account of the  Participant  (or
combined  with  any existing account of the Participant)  and  administered
pursuant  to  all  provisions  of  the  Plan.   If  directed  by  the  Plan
Administrator,  the  Committee shall cause shares of Stock  purchased  with
such  discretionary contributions to bear appropriate legends referring  to
the  terms,  conditions  and  restrictions,  if  any,  applicable  to  such
contributions  or  necessary  to permit the Employer  to  comply  with  all
applicable  state  and federal securities laws.  All  of  such  contributed
shares at all times shall remain the property of the Participant and  shall
remain subject to any legal or contractual restrictions to which the shares
may have been subject at the time of the contribution.

                                 ARTICLE V
                        Administration of the Plan

     5.1  Administrative Committee.  To carry out the purposes of the Plan, the
Plan  Administrator  exercises its authority through the  Committee,  which
shall  consist  of not less than three members who may be  officers  and/or
directors of Tyson.  The Plan Administrator may remove members from or  add
members  to the Committee at any time, within its discretion, and may  fill
vacancies on the Committee. An individual member of the Committee  may  not
participate in any decision exclusively affecting his own participation  in
the  Plan.  The Committee shall select one of its members as Chairman,  and
shall hold meetings at such times and places as it may determine.  Acts  of
a  majority of the Committee at which a quorum is present, or acts  reduced
to  or  approved in writing by a majority of the members of the  Committee,
shall  be  valid acts of the Committee.  The Committee shall have the  sole
authority,  in  its absolute discretion, to adopt, amend and  rescind  such
rules  and  regulations  as,  in  its opinion,  may  be  advisable  in  the
administration of the Plan; to construe and interpret the Plan,  the  rules
and  regulations; and to make all other determinations deemed necessary  or
advisable   for   the   administration  of  the   Plan.    All   decisions,
determinations, and interpretations of the Committee shall  be  binding  on

                                   42


all Participants.  The Committee may employ such legal counsel, consultants
and  agents as it may deem desirable for the administration of the Plan and
may  rely upon any opinion received from any such counsel or consultant and
any  computation  received  for  any such consultant  or  agent.   Expenses
incurred  by  the Plan Administrator or the Committee in the engagement  of
such  counsel, consultant or agent shall be paid by Tyson.   No  member  or
former member of the Committee or of the Board of Directors of Tyson  shall
be  liable for any action or determination made in good faith with  respect
to  the  Plan or any awards granted hereunder.  The Committee, in its  sole
discretion,  may  delegate all or any portion of its  duties  hereunder  to
other individuals or entities.

     5.2  Employer Contributions of Cash and Dividends.  Each Employer shall
remit  the funds deducted from payrolls under this Plan, plus any  Employer
contributions of cash and dividends received on Stock held by the Plan,  to
the brokerage firm or firms designated by the Committee.

     5.3  Investment in Tyson Stock.  As soon as practicable after receipt of
funds   remitted   under  the  Plan,  the  Committee  or   its   designated
representative  shall purchase on behalf of Participants  shares  of  Stock
either  directly  from  Tyson or in the open market  at  Prevailing  Market
Prices.   The  Committee  shall  purchase  the  maximum  number  of  shares
purchasable  with  such  funds.   Such shares  shall  be  purchased  on  an
aggregate  basis  rather than on a per Participant basis.   The  number  of
shares to be purchased is to be determined by the aggregate amount of funds
available  to  buy a whole share or multiple thereof.  While no  fractional
shares  will  be acquired or distributed, a Participant's interest  in  the
Plan  will  be  accounted for to include, and will reflect,  the  factional
share,  if any, which could have been acquired with the funds allocable  to
him if fractional shares were purchased.

     5.4   No  Interest to be Paid.  No interest shall be credited to  Plan
accounts for any reason.

     5.5   Dividends  to be Used to Purchase Additional Shares.   All  cash
dividends received with respect to shares of Stock registered in  the  name
of the brokerage firm shall be used by it to purchase additional shares for
Participants in proportion to their specified interest in the  shares  upon
which the dividends were paid.  Stock dividends, warrants and rights of any
kind received with respect to such shares shall be held and distributed  in
the  manner  provided  in  Sections 3.8  or  6.2,  herein,  as  applicable;
provided, however, that the Committee, in its sole discretion, may elect to
pay  dividends  received  which  are attributable  to  Stock  allocable  to
Participants  who  have withdrawn from the Plan (pursuant  to  Section  3.4
above) directly to such Participants on an annual basis.

     5.6   Not  Transferable.   Neither payroll deductions  credited  to  a
Participant's Plan account nor a Participant's rights to acquire shares  of
Stock  or his undivided interest in the shares of Stock registered  in  the
name  of the broker may be assigned, sold, pledged, or alienated except  by
testate  or intestate succession, and any attempt to do so shall  be  void.
In  addition,  such  credits, rights and undivided  interests  may  not  be
encumbered by lien or security interest of any kind and shall not be liable
for the debts of a Participant or subject to attachment, or to any judgment
rendered against the Participant or to the process of any court in  aid  or
execution of any judgment so rendered.

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     5.7  Voting Rights.  Unless the Committee determines otherwise from time to
time, Participants shall have the power to vote all shares held in the name
of the broker in any and all matters which shall be the subject of the vote
for the shareholders.

     5.8  Costs of the Plan.  The costs of maintaining records and executing
transfers under the Plan shall be paid by Tyson or allocated to and paid by
Participating Affiliates, as the Board of Directors of Tyson may direct.

     5.9  Brokerage Costs.  Brokerage expenses incurred in the purchase  of
shares  shall  be  included  as part of the cost  of  shares  of  Stock  to
Participants.

     5.10 Indemnification.  Neither Tyson, the Committee and its delegates, nor
any  broker through whom purchase orders are executed pursuant to this Plan
shall  have any responsibility or liability for any action or determination
in  good faith including, without limiting the generality of the foregoing,
any  action  with respect to price, time, quantity or other conditions  and
circumstances  of the purchase of shares of Stock under the  terms  of  the
Plan. Tyson shall indemnify and hold harmless any officer, employee, agent,
delegee  or representative who incurs damage or loss, including the expense
of  defense  thereof,  in  connection with the performance  of  the  duties
specified herein.

                                ARTICLE VI
                Reports and Delivery of Share Certificates

     6.1  Quarterly Reports.  The Committee shall make quarterly reports to each
Participant, specifying the status of his interest in the Plan through  the
last day of each calendar quarter.

     6.2  Delivery of Share Certificates.

     All  shares of Stock purchased under the Plan from contributions  made
by Participants, contributions made by an Employer or dividends received by
the Plan, will be issued to Participants pursuant to the following rules:
    
          (a)  Only in increments of ten (10) shares from any account.
    
          (b)   Only  upon receipt by the Committee of a request  from  the
     Participant setting forth the amount of shares requested to be issued.
    
          (c)   Distributions of Stock will be limited to twice monthly and
     will  be made as soon as administratively feasible following the  date
     the request was made.
    
          (d)  Distributions of Stock purchased from contributions made  by
     Participants  may  not exceed the amount of such Stock  set  forth  on
     their last quarterly statement.
    
          (e)  Distributions of Stock purchased from Employer contributions
     may not exceed the amount of such Stock set forth on their last report
     from the immediately preceding calendar year.




                                    44

    
          (f)   Distributions of dividends shall be available on  the  same
     basis  as the contributions to which they relate, except to the extent
     the Plan Administrator determines otherwise.
    
          (g)   The  order  in which shares of Stock are withdrawn  from  a
     Participant's  accounts  shall be determined  pursuant  to  rules  and
     regulations to be adopted by the Committee.
    
                                ARTICLE VII
                   Amendment and Termination of the Plan
    
     The  Board of Directors of Tyson or its delegate may, at any time  and
in  its discretion, alter, amend, suspend or terminate the Plan or any part
thereof.   The  cash balances and shares of Stock credited to Participants'
accounts  shall  be  delivered to Participants as soon as  administratively
practicable after the Plan's termination, except to the extent the Board of
Directors of Tyson expressly determines otherwise.  Notice of any  material
amendment,  suspension or termination of the Plan, in  whole  or  in  part,
shall be given to each Participant as soon as practicable after such action
is taken.

                               ARTICLE VIII
                     Adjustments Upon Changes in Stock
    
     The maximum number of shares of Stock to be sold to Participants under
the  Plan  shall be 11,500,000, subject to adjustment upon changes  in  the
capitalization of Tyson as provided herein.
    
     If  any  change  is  made in the stock subject to  the  Plan  (through
merger,  consolidation, reorganization, recapitalization,  stock  dividend,
dividend  in  property other than cash, stock split, liquidating  dividend,
combination of shares, exchange of shares, change in corporate structure or
otherwise), the maximum number of shares subject to the Plan and the number
of  shares and price per share of Stock subject to outstanding rights under
the Plan shall be adjusted automatically to reflect such change.
    
     In  the  event  of (1) a dissolution or liquidation of  Tyson,  (2)  a
merger  or a consolidation in which Tyson is not the surviving corporation,
or  a  reverse merger in which Tyson is the surviving corporation  but  the
shares  of Stock by virtue of the merger are converted into other property,
whether  in  the form of securities, cash or otherwise, or  (3)  any  other
capital reorganization in which more than fifty percent (50%) of the shares
of  Tyson entitled to vote are exchanged, the Plan shall terminate,  unless
another  corporation assumes the responsibility of continuing the operation
of the Plan or the Plan Administrator determines in its discretion that the
Plan  shall  nevertheless continue in full force and effect.  If  the  Plan
Administrator  elects to terminate the Plan, the Committee  shall  send  to
each  Participant  a  stock certificate representing the  number  of  whole
shares  of  Stock to which the Participant is entitled.  In  addition,  the
Committee shall send checks drawn on the Plan's account to each Participant
in an amount equal to the sum of the uninvested funds held to the credit of
each Participant in the manner provided in Section 3.8 above.





                                    45

               Any issue by Tyson of any class of preferred stock, or securities
convertible  into shares of common stock or preferred stock of  any  class,
shall  not  affect, and no adjustment by reason thereof shall be made  with
respect  to  the number or price of shares of Stock subject  to  any  grant
except as specifically provided otherwise in this Article VIII.
    
     The  grant  of  any right to a person pursuant to the Plan  shall  not
affect  in  any  way  the  right or power of  Tyson  to  make  adjustments,
reclassifications,  reorganizations or changes of its capital  or  business
structure or to merge or to consolidate or to dissolve, liquidate or  sell,
or transfer all or any part of its business or assets.

                                ARTICLE IX
                         Miscellaneous Provisions

     9.1  No Contract of Employment Intended.  The granting of any right to a
person  pursuant  to  this  Plan  shall  not  constitute  an  agreement  or
understanding, express or implied, on the part of Tyson or any Affiliate to
employ such person for any specified period.

     9.2  Information Available.  If required by law, the offered shares of
Tyson shall be registered under the Securities Act of 1933 on Form S-8,  or
such  other  form  as  shall be specified by the  Securities  and  Exchange
Commission,  and  Tyson shall deliver to each Participant  a  copy  of  the
prospectus or such other information as may be required from time  to  time
as required.

     9.3  Securities Laws Restrictions.  The Plan Administrator reserves the
right to place an appropriate legend on any certificate representing shares
of   Stock  issuable  under  the  Plan  with  any  such  legend  reflecting
restrictions  on the transfer of the shares as may be necessary  to  assure
the  availability  of  any applicable exemptions under  federal  and  state
securities laws to which Tyson or the Plan Administrator deem appropriate.

     9.4  Waiver.  No liability whatever shall attach to or be incurred by any
past,  present or future shareholders, officers or directors, as  such,  of
Tyson  or  any Participating Affiliates, under or by reason of any  of  the
terms,   conditions  or  agreements  contained  in  this  Plan  or  implied
thereform,  and  any  and all liabilities of, and any and  all  rights  and
claims  against, Tyson or any Participating Affiliate, or any  shareholder,
officer or director as such, whether arising at common law or in equity  or
created  by statute or constitution or otherwise, pertaining to this  Plan,
are  hereby expressly waived and released by each Participant as a part  of
the consideration for any benefits provided by an Employer under this Plan.

     9.5  Notices. All notices or other communications by a Participant to the
Plan Administrator under or in connection with the Plan shall be deemed  to
have  been  duly  given when received by the Secretary  of  Tyson  or  when
received  in the form specified by the Plan Administrator at the  location,
or  by  the  person, designated by the Plan Administrator for  the  receipt
thereof.

     9.6  Severability. Each of the Sections included in the Plan is separate,
distinct  and severable from the other and remaining Sections of the  Plan,
and  the invalidity or unenforceability of any Section shall not affect the
validity  and enforceability of any other Section or Sections of the  Plan.
Further, if any Section of this Plan is ruled invalid or unenforceable by a

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court  of competent jurisdiction because of a conflict between such Section
and  any  applicable law or public policy, such Section shall be valid  and
enforceable  to  the extent such Section is consistent  with  such  law  or
public policy.

     9.7  Governing Law.  The construction, validity and operation of this Plan
shall be governed by the laws of the State of Delaware.

     9.8  Rules of Construction.  Throughout this Plan, the masculine includes
the  feminine, and the singular includes the plural, and vice versa,  where
applicable.

     9.9  Plan Year.  The Plan's plan year and the fiscal year shall end on
December 31 of each year.

     9.10  Designation of Beneficiary.  A Participant may  file  a  written
designation of a beneficiary who is to receive any Stock and/or cash.  Such
designation of a beneficiary may be changed by the Participant at any  time
in writing delivered to his Employer.

     9.11 Lost Participants.  In the event the Committee or its designee, after
reasonable inquiry, determines that it is unable to locate a Participant or
beneficiary  whose  account is otherwise payable, the  Committee  (or  such
designee)  may  direct  that  such account shall  be  forfeited;  provided,
however, that the amount so forfeited shall be reinstated through a special
Employer  contribution if and in the event the Participant  or  beneficiary
thereafter  shall make a valid claim therefor upon presentation  of  proper
identification.

     IN  WITNESS WHEREOF, Tyson has caused this indenture to be made as  of
the 13th day of December, 1999.

                                   TYSON FOODS, INC.

                                   By: /s/ Carl Johnson
                                       --------------------------- 
                                   Title: Executive Vice President,
                                            Administrative Services
ATTEST:

/s/ R. Read Hudson
------------------
Title: Secretary

[CORPORATE SEAL]




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