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// Main Site / Member's Area / Company Profiles / Wiley John & Sons Inc / QUALIFIED EXECUTIVE LONG TERM INCENTIVE PLAN FY 2008

QUALIFIED EXECUTIVE LONG TERM INCENTIVE PLAN FY 2008

                                                                   Exhibit 10.13




                             JOHN WILEY & SONS, INC.
                             -----------------------


              FY 2008 QUALIFIED EXECUTIVE LONG TERM INCENTIVE PLAN
              ----------------------------------------------------


                                  PLAN DOCUMENT
                                  -------------


                                  CONFIDENTIAL
                                  ------------


                                   MAY 1, 2007
                                   -----------




                                    CONTENTS
                                    --------


Section            Subject                                                  Page
-------            -------                                                  ----



I.                       Definitions                                           2



II.                      Plan Objectives                                       3



III.                     Eligibility                                           3



IV.                      Performance Targets and Measurement                   3



V.                       Performance Evaluation                                3



VI.                      Restricted Performance Shares Award Provisions        4



VII.                     Stock Options                                         5



VIII.                    Payouts                                               5



IX.                      Administration and Other Matters                      5




                    I.   DEFINITIONS
                         -----------


Following are  definitions  for words and phrases used in this document.  Unless
the context clearly indicates otherwise,  these words and phrases are considered
to be defined terms and appear in this document in italicized print:

Company
John Wiley & Sons, Inc.

business unit
The Company,  a business or subsidiary  of the Company,  or a global unit of the
Company.

plan
This FY 2008 Qualified Executive Long Term Incentive Plan.

shareholder plan
The Company's 2004 Key Employee Stock Plan.

plan period
The three year period from May 1, 2007 to April 30,  2010,  or a portion of this
period, at the discretion of the CC.

Compensation Committee (CC)
The committee of the Company's Board of Directors responsible for the review and
approval of executive compensation.

performance target
A  participant's  objective  to achieve  specific  financial  goals for the plan
period,  as  approved  by the CC.  A  performance  target  comprises  all of the
financial goals for the business criteria in a business unit.

business criteria
An indicator of financial performance,  chosen from the business criteria listed
in Section  7(b)(ii)(B) of the shareholder plan. The following business criteria
are used in this plan:

     earnings per share
     Earnings per share, excluding unusual items not related to the period being
     measured.  Actual  results shall be increased by one cent for VCH tax basis
     step-up recovery.

financial goal
A targeted level of attainment of a given business criteria.

financial results
The published, audited financial results of the Company.

participant
A person selected to participate in the plan.

performance levels
     threshold
     The minimum acceptable level of achievement of a financial goal in order to
     earn a payout, expressed as a percentage of target ( e.g., 95% of target.)

     target
     Achievement of the assigned financial goal-100%.

     outstanding
     Superior  achievement  of a financial  goal,  earning  the maximum  payout,
     expressed as a percentage of target (e.g., 115% of target.)

target incentive
A  targeted  number of  restricted  performance  shares  that a  participant  is
eligible to receive if 100% of his/her/her  applicable  performance  targets are
achieved and the participant  remains  employed by the Company through April 30,
2012, except as otherwise provided in Section VIII.

stock
Class A Common Stock of the Company.

restricted performance share
A share of stock issued pursuant to this plan and the  shareholder  plan that is
subject to forfeiture.  In the  shareholder  plan,  such stock is referred to as
"Performance-Based Stock."

restricted period
The period during which the  restricted  performance  shares shall be subject to
forfeiture  in  whole  or in  part,  as  defined  in the  shareholder  plan,  in
accordance with the terms of the award.

plan-end adjusted restricted performance shares award
The number of restricted  performance shares awarded to a participant at the end
of the plan cycle after adjustments,  if any, are made, as set forth in Sections
V and VIII.



                    II.  PLAN OBJECTIVES
                         ---------------

The plan is intended to provide the  officers  and other key  colleagues  of the
Company and of its subsidiaries, affiliates and certain joint venture companies,
upon whose  judgment,  initiative and efforts the Company depends for its growth
and for the profitable  conduct of its business,  with  additional  incentive to
promote the success of the Company.



                    III. ELIGIBILITY
                         -----------

A participant is selected by the CEO and  recommended for  participation  to the
CC, which has sole  discretion  for  determining  eligibility,  from among those
colleagues in key management  positions deemed able to make the most significant
contributions to the growth and profitability of the Company.  The President and
CEO of the Company is a participant.



                    IV.  PERFORMANCE TARGETS AND MEASUREMENT
                         -----------------------------------

The CEO  recommends  and the CC  adopts,  in its  sole  discretion,  performance
targets and performance levels for each participant, not later than 90 days from
the commencement of the plan period. No performance  target or performance level
may be modified after 90 days from the commencement of the plan period.

A.   Performance  targets,  comprising one or more financial  goals, are defined
     for each business unit. Each financial goal is assigned a weight, such that
     the sum of the weights of all  financial  goals for a business  unit equals
     100%.

B.   Each participant is assigned  performance  targets for one or more business
     units, based on the participant's position,  responsibilities,  and his/her
     ability  to affect the  results of the  assigned  business  unit.  For each
     participant,  each business unit is assigned a weight, such that the sum of
     the  weights  of  all  business  units  for  a  participant   equals  100%.
     Collectively,   all  business  unit  performance   targets  constitute  the
     participant's plan period objectives.

C.   Each financial goal is assigned  performance levels (threshold,  target and
     outstanding).



                    V.   PERFORMANCE EVALUATION
                         ----------------------

A.   Financial Results
     -----------------
     1.   At the end of the plan period, the financial results for each business
          unit are compared  with that unit's  financial  goals to determine the
          payout for each participant.
     2.   In determining the attainment of financial goals, the impact of any of
          the  events (a)  through  (i)  listed in  Section  7(b)(ii)(B)  of the
          shareholder  plan,  if dilutive  (causes a reduction in the  financial
          result) will be excluded from the  financial  results for any affected
          business unit.
     3.   Award Determination
          a.   Achievement  of threshold  performance  of at least one financial
               goal of a performance  target is necessary  for a participant  to
               receive a payout for that performance target.


          b.   The   unweighted   payout  factor  for  each  financial  goal  is
               determined  as follows:
                    1.   For performance  below the threshold  level, the payout
                         factor is zero.
                    2.   For  performance  at the  threshold  level,  the payout
                         factor is 25%.
                    3.   For  performance   between  the  threshold  and  target
                         levels,  the  payout  factor is  between  25% and 100%,
                         determined on a pro-rata basis.
                    4.   For performance at the target level,  the payout factor
                         is 100%.
                    5.   For  performance  between  the target  and  outstanding
                         levels,  the payout  factor is  between  100% and 200%,
                         determined on a pro-rata basis.
                    6.   For performance at or above the outstanding  level, the
                         payout factor is 200%.

          c.   A participant's  plan-end adjusted restricted  performance shares
               award is determined as follows:
                    1.   Each   financial   goal's   unweighted   payout  factor
                         determined  above times the weighting of that financial
                         goal  equals  the  weighted   payout  factor  for  that
                         financial goal
                    2.   The sum of the weighted  payout  factors for a business
                         unit's  performance target equals the payout factor for
                         that performance target.
                    3.   The     participant's target incentive
                                             times
                                    the business unit weight
                                             times
                               the performance target payout factor
                                             equals
                           the participant's payout for that business unit

                    4.   The  sum of the  payouts  for all  the  business  units
                         assigned  to a  participant  equals  the  participant's
                         total plan-end adjusted  restricted  performance shares
                         award.
          d.   The CC may, in its sole discretion, reduce a participant's payout
               to any level it deems appropriate.



                    VI.  RESTRICTED PERFORMANCE SHARES AWARD PROVISIONS
                         ----------------------------------------------

A.   Restricted  performance shares,  equal to a participant's target incentive,
     shall be determined at the beginning of the plan period. In addition to the
     terms and  conditions  set forth in the  shareholder  plan,  the restricted
     period for the plan-end adjusted restricted  performance shares award shall
     be as follows:  subject to continued  employment  except as  otherwise  set
     forth in the shareholder plan, the lapse of restrictions on one-half of the
     restricted  performance  shares awarded will occur on the first anniversary
     of the plan period end date (April 30, 2011) at which time the  participant
     will receive a stock certificate in a number of shares equal to one-half of
     the  restricted  performance  shares  awarded with the  restrictive  legend
     deleted,  and the lapse of restrictions on the remaining half will occur on
     the second  anniversary  of the plan  period end date  (April 30,  2012) at
     which time the participant will receive a new stock certificate in a number
     of shares equal to the remaining half with the restrictive legend deleted.

B.   The plan-end adjusted restricted  performances share award will be compared
     to the restricted  performance shares targeted at the beginning of the plan
     period, and the appropriate amount of restricted performance shares will be
     awarded or  forfeited,  as required,  to bring the  restricted  performance
     shares award to the number of shares  designated  as the plan-end  adjusted
     restricted performance shares award.


                    VII. STOCK OPTIONS
                         -------------

The participant  may be granted a stock option pursuant to the shareholder  plan
at the beginning of the plan period,  representing  another incentive vehicle by
which the participant is able to share in the equity growth of the Company.  The
terms and  conditions  of the award of the stock  option  are  contained  in the
shareholder plan and in the stock option award.

                    VIII. PAYOUTS
                          -------

     A.   Plan-end adjusted  restricted  performances  share awards will be made
          within 90 days after the end of the plan period.

     B.   In the event of a participant's death, disability, retirement or leave
          of absence  prior to the  plan-end  adjusted  restricted  performances
          share award being earned, the award, if any, will be determined by the
          CC.

     C.   A participant  who resigns,  or whose  employment is terminated by the
          Company,  with or without  cause before the award is earned,  will not
          receive an award.  Exception to this provision  shall be made with the
          approval of the CC, in its sole discretion.

     D.   In the event of a  participant's  retirement,  all  plan-end  adjusted
          restricted  performances share awards earned, but not yet vested, will
          automatically  vest,  and will be paid  out in cash  based on the fair
          market  value on the next  fiscal  year end, if approved by the CC, in
          its sole discretion.  Any plan-end  adjusted  restricted  performances
          share award that would have been earned by the participant in the year
          of  retirement  may be paid out in cash based on the fair market value
          on the next  fiscal  year  end,  if  approved  by the CC,  in its sole
          discretion.

     E.   In the event of  constructive  discharge or without cause  termination
          following  a  Change  of  Control,  as  that  term is  defined  in the
          shareholder plan, all "target"  restricted  performance shares vest to
          the  participant,  or at the CC's option,  payment will be made of the
          value of the "target" restricted  performance shares based on the fair
          market value on the effective date of the Change of Control.

     F.   A  participant  who is hired or  promoted  into an  eligible  position
          during  the plan  period  may  receive a  prorated  plan-end  adjusted
          restricted  performances  share award as  determined by the CC, in its
          sole discretion.



                    IX.  ADMINISTRATION AND OTHER MATTERS
                         --------------------------------

     A.   The plan will be administered by the CC, which shall have authority in
          its sole discretion to interpret and administer this plan,  including,
          without limitation,  all questions regarding eligibility and status of
          any participant,  and no participant shall have any right to receive a
          payout or payment of any kind whatsoever,  except as determined by the
          CC hereunder.

     B.   The Company will have no  obligation  to reserve or otherwise  fund in
          advance any amount which may become payable under the plan.

     C.   This plan may not be modified or amended  except with the  approval of
          the CC, in accordance with the provisions of the shareholder plan.


     D.  In the event of a conflict between the provisions of this plan and the
         provisions of the shareholder plan, the provisions of the shareholder
         plan shall apply.

     E.   No  awards  of any  type  under  this  plan  shall  be  considered  as
          compensation  for purposes of defining  compensation  for  retirement,
          savings  or  supplemental  executive  retirement  plans,  or any other
          benefit.