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SEC Filings

JONES LANG LASALLE INC filed this Form S-1/A on 07/11/1997
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                                   SECTION 2


          2.1.  Participation.  For the period beginning on the effective date
and for each subsequent calendar year, the administrator will designate before
the effective date and before the beginning of the calendar year those employees
who are to participate in the program. In addition, the administrator may
designate during a calendar year additional employees who are to participate in
the program. In general, employees covered by the program will be limited to a
select group of management and highly-compensated employees with expected annual
compensation of at least $100,000. An employee designated to participate in the
program for any calendar year will receive SCA credits and may make deferral
elections on the basis described below.

          2.2.  Continuity of Participation.  A participant in the program who
separates from service with the company and all its subsidiaries and affiliates
will cease participation and will become entitled to distributions as described
in Section 6. However, the separation from service of an employee with one
employer which has adopted the program (as described in subsection 1.2) will not
interrupt the continuity of his


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