This Plan is intended to be an unfunded “top-hat” plan within the meaning of U.S. Department of Labor Regulation Section 2520.20.104-24 and shall be interpreted, administered and enforced in accordance with ERISA. To the extent state law is applicable, the laws of the State of California without regard to any principles of conflicts of law which could cause the application of the laws of any jurisdiction other than the State of California shall apply.