Exhibit 10.48

AMENDED

KB HOME

2014 EQUITY INCENTIVE PLAN

Effective April 7, 2016

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TABLE OF CONTENTS

Page

ARTICLE 1.
PURPOSE
 
1

 
 
 
 
 
 
ARTICLE 2.
DEFINITIONS AND CONSTRUCTION
 
1

 
 
 
 
 
 
ARTICLE 3.
SHARES SUBJECT TO THE PLAN
 
8

 
 
 
 
 
 
3.1

 
Number of Shares
 
8

 
 
 
 
 
 
3.2

 
Stock Distributed
 
9

 
 
 
 
 
 
ARTICLE 4.
GRANTING OF AWARDS
 
9

 
 
 
 
 
 
4.1

 
Participation
 
9

 
 
 
 
 
 
4.2

 
Award Agreement
 
9

 
 
 
 
 
 
4.3

 
Programs
 
9

 
 
 
 
 
 
4.4

 
Limitations Applicable to Section 16 Persons
 
9

 
 
 
 
 
 
4.5

 
Fiscal Year Award Limit
 
9

 
 
 
 
 
 
4.6

 
At-Will Employment
 
10

 
 
 
 
 
 
4.7

 
Stand-Alone and Tandem Awards
 
10

 
 
 
 
 
 
ARTICLE 5.
PERFORMANCE-BASED COMPENSATION
10

 
 
 
 
 
 
5.1

 
Purpose
 
10

 
 
 
 
 
 
5.2

 
Applicability
 
10

 
 
 
 
 
 
5.3

 
Types of Awards
 
11

 
 
 
 
 
 
5.4

 
Procedures with Respect to Performance-Based Awards
 
11

 
 
 
 
 
 
5.5

 
Payment of Performance-Based Awards
 
11

 
 
 
 
 
 
5.6

 
Additional Limitations
 
11

 
 
 
 
 
 
ARTICLE 6.
GRANTING OF OPTIONS
 
11

 
 
 
 
 
 
6.1

 
Granting of Options to Eligible Individuals
 
11

 
 
 
 
 
 
6.2

 
Qualification of Incentive Stock Options
 
12

 
 
 
 
 
 
6.3

 
Option Exercise Price
 
12

 
 
 
 
 
 
6.4

 
Option Term
 
12

 
 
 
 
 
 
6.5

 
Option Vesting
 
12

 
 
 
 
 
 
6.6

 
Substitute Awards
 
13

 
 
 
 
 
 
6.7

 
Substitution of Stock Appreciation Rights
 
13

 
 
 
 
 
 
ARTICLE 7.
EXERCISE OF OPTIONS
 
13

 
 
 
 
 
 
7.1

 
Partial Exercise
 
13

 
 
 
 
 
 

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TABLE OF CONTENTS
(continued)
Page

7.2

 
Manner of Exercise
 
13

 
 
 
 
 
 
7.3

 
Notification Regarding Disposition
 
14

 
 
 
 
 
 
ARTICLE 8.
AWARD OF RESTRICTED STOCK
 
14

 
 
 
 
 
 
8.1

 
Award of Restricted Stock
 
14

 
 
 
 
 
 
8.2

 
Rights as Stockholders
 
14

 
 
 
 
 
 
8.3

 
Restrictions
 
14

 
 
 
 
 
 
8.4

 
Repurchase or Forfeiture of Restricted Stock
 
15

 
 
 
 
 
 
8.5

 
Certificates for Restricted Stock
 
15

 
 
 
 
 
 
8.6

 
Section 83(b) Election
 
15

 
 
 
 
 
 
ARTICLE 9.
AWARD OF PERFORMANCE AWARDS, STOCK PAYMENTS AND RESTRICTED STOCK UNITS
 
15

 
 
 
 
 
 
9.1

 
Performance Awards
 
15

 
 
 
 
 
 
9.2

 
Stock Payments
 
16

 
 
 
 
 
 
9.3

 
Restricted Stock Units
 
16

 
 
 
 
 
 
9.4

 
Term
 
16

 
 
 
 
 
 
9.5

 
Exercise or Purchase Price
 
16

 
 
 
 
 
 
9.6

 
Dividend Equivalents
 
16

 
 
 
 
 
 
ARTICLE 10.
AWARD OF STOCK APPRECIATION RIGHTS
 
17

 
 
 
 
 
 
10.1

 
Grant of Stock Appreciation Rights
 
17

 
 
 
 
 
 
10.2

 
Stock Appreciation Right Term
 
17

 
 
 
 
 
 
10.3

 
Stock Appreciation Right Vesting
 
18

 
 
 
 
 
 
10.4

 
Manner of Exercise
 
18

 
 
 
 
 
 
10.5

 
Payment
 
18

 
 
 
 
 
 
ARTICLE 11.
ADDITIONAL TERMS OF AWARDS
 
18

 
 
 
 
 
 
11.1

 
Payment
 
18

 
 
 
 
 
 
11.2

 
Tax Withholding
 
19

 
 
 
 
 
 
11.3

 
Transferability of Awards
 
19

 
 
 
 
 
 
11.4

 
Conditions to Issuance of Shares
 
20

 
 
 
 
 
 
11.5

 
Forfeiture Provisions
 
21

 
 
 
 
 
 
11.6

 
Prohibition on Repricing
 
21

 
 
 
 
 
 

    

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TABLE OF CONTENTS
(continued)
Page

11.7

 
Permitted Replacement Awards
 
21

 
 
 
 
 
 
ARTICLE 12.
ADMINISTRATION
 
22

 
 
 
 
 
 
12.1

 
Committee
 
22

 
 
 
 
 
 
12.2

 
Duties and Powers of Committee
 
22

 
 
 
 
 
 
12.3

 
Action by the Committee
 
22

 
 
 
 
 
 
12.4

 
Authority of Committee
 
23

 
 
 
 
 
 
12.5

 
Decisions Binding
 
23

 
 
 
 
 
 
12.6

 
Delegation of Authority
 
23

 
 
 
 
 
 
ARTICLE 13.
MISCELLANEOUS PROVISIONS
 
24

 
 
 
 
 
 
13.1

 
Amendment, Suspension or Termination of the Plan
 
24

 
 
 
 
 
 
13.2

 
Changes in Common Stock or Assets of the Company, Acquisition or Liquidation of
the Company and Other Corporate Events
24

 
 
 
 
 
 
13.3

 
No Stockholder Rights
 
27

 
 
 
 
 
 
13.4

 
Paperless Administration
 
27

 
 
 
 
 
 
13.5

 
Effect of Plan upon Other Compensation Plans
 
27

 
 
 
 
 
 
13.6

 
Compliance with Laws
 
27

 
 
 
 
 
 
13.7

 
Titles and Headings, References to Sections of the Code, the Securities Act or
Exchange Act
 
27

 
 
 
 
 
 
13.8

 
Governing Law
 
28

 
 
 
 
 
 
13.9

 
Section 409A
 
28

 
 
 
 
 
 
13.10

 
No Rights to Awards
 
29

 
 
 
 
 
 
13.11

 
Unfunded Status of Awards
 
29

 
 
 
 
 
 
13.12

 
Indemnification
 
29

 
 
 
 
 
 
13.13

 
Term
 
29

 
 
 
 
 
 

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AMENDED KB HOME
2014 EQUITY INCENTIVE PLAN
ARTICLE 1.
PURPOSE
The purpose of the Amended KB Home 2014 Equity Incentive Plan (the “Plan”) is to
attract, motivate and retain the services of Employees, Non-Employee Directors
and Consultants by enabling them to participate in the growth and financial
success of KB Home (the “Company”) and to align their individual interests to
those of the Company’s stockholders.
ARTICLE 2.
DEFINITIONS AND CONSTRUCTION
Wherever the following terms are used in the Plan they shall have the meanings
specified below:
1.    “Affiliate” shall mean a person or entity that directly or indirectly
controls or is controlled by, or is under common control with, the Company.
2.    “Amended Effective Date” shall mean the date the Amended Plan is first
approved by the Company’s stockholders in accordance with the requirements of
the Company’s by-laws, the applicable Securities Exchange and Sections 162(m)
and 422 of the Code.
3.    “Award” shall mean, as the case may be, a grant under the Plan of Options,
Restricted Stock, Restricted Stock Units, Performance Awards, Stock Payments or
Stock Appreciation Rights.
4.    “Award Agreement” shall mean any written notice, terms and conditions,
contract or other instrument or document evidencing an Award, including in
electronic form, which shall contain any terms and conditions with respect to
the Award as the Committee shall determine consistent with the Plan and any
applicable Program.
5.    “Award Limit” shall mean with respect to Awards payable in Shares or in
cash, as the case may be, the respective limit set forth in Section 4.5.
6.    “Board” shall mean the Board of Directors of the Company.
7.    A “Change of Ownership” shall be deemed to have occurred if any of the
following has occurred: (a) any one person, or more than one person acting as a
group, acquires ownership of stock of the Company that, together with stock held
by such person or group, constitutes more than 50% of the total fair market
value or total voting power of the stock of the Company, as determined in
accordance with Section 1.409A-3(i)(5)(v) of the Treasury Regulations; provided,
that if a person or group is considered either to own more than 50% of the total
fair market value or total voting power of the stock of the Company, or to own
more than the market value or total voting power specified in (b) below, and
such person or group acquires additional stock of the Company, the acquisition
of additional stock by such person or group shall not be considered to cause a
“Change of Ownership”; (b) any one person, or more than one

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person acting as a group, acquires (or has acquired during the 12-month period
ending on the date of the most recent acquisition by such person or persons)
ownership of stock of the Company possessing 30% or more of the total voting
power of the stock of the Company, as determined in accordance with Section
1.409A-3(i)(5)(vi) of the Treasury Regulations; provided, that if a person or
group is considered to possess 30% or more of the total voting power of the
stock of the Company, and such person or group acquires additional stock of the
Company, the acquisition of additional stock by such person or group shall not
be considered to cause a “Change of Ownership”; (c) a majority of the members of
the Board is replaced during any 12-month period by directors whose appointment
or election is not endorsed by a majority of the members of the Board before the
date of the appointment or election, as determined in accordance with Section
1.409A-3(i)(5)(vi) of the Treasury Regulations; (d) any one person, or more than
one person acting as a group, acquires (or has acquired during the 12-month
period ending on the date of the most recent acquisition by such person or
persons) assets from the Company that have a total gross fair market value equal
to or more than 40% of the total gross fair market value of all of the assets of
the Company immediately before such acquisition or acquisitions, as determined
in accordance with Section 1.409A-3(i)(5)(vii) of the Treasury Regulations;
provided, that a transfer of assets shall not be treated as a “Change of
Ownership” when such transfer is made to an entity that is controlled by the
stockholders of the Company, as determined in accordance with Section
1.409A-3(i)(5)(vii)(B) of the Treasury Regulations; or (e) the Company’s
stockholders approve a liquidation or dissolution of the Company.
8.    “Code” shall mean the Internal Revenue Code of 1986, as amended from time
to time, together with the Treasury Regulations and official guidance
promulgated by the U.S. Department of Treasury.
9.    “Committee” shall mean the Management Development and Compensation
Committee of the Board or another committee of the Board designated by the Board
that consists solely of Directors meeting the qualifications described in
Section 12.1.
10.    “Common Stock” shall mean the common stock of the Company, par value
$1.00 per share.
11.    “Company Stock Administrator” shall mean the stock administrator of the
Company, or such other person or entity designated by the Committee, or his, her
or its office, as applicable, whether or not employed by the Company.
12.    “Consultant” shall mean any consultant or advisor engaged to provide
services to the Company or any Affiliate that qualifies as a consultant or
advisor under the instructions for use of a Form S-8 Registration Statement.
13.    “Covered Employee” shall mean any Employee who is, or who the Committee
believes may become, a “covered employee” within the meaning of Section 162(m)
of the Code.
14.    “Director” shall mean a member of the Board.
15.    “Eligible Individual” shall mean any person who is an Employee, a
Consultant or a Non-Employee Director, as determined by the Committee or the
Board.

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16.    “Employee” shall mean any officer or other employee (as determined in
accordance with Section 3401(c) of the Code) of the Company or of any Affiliate.
17.    “Equity Restructuring” shall mean a nonreciprocal transaction between the
Company and its stockholders, such as a stock dividend, stock split, spin-off,
rights offering or recapitalization through a large, nonrecurring cash dividend,
that affects the Shares (or other securities of the Company) or the Share price
(or the price of other securities), and results upon its implementation in a
change in the per-Share value of the Shares underlying outstanding Awards.
18.    “Exchange Act” shall mean the Securities Exchange Act of 1934.
19.    “Fair Market Value” shall mean, as of any given date, the value of a
Share determined as follows:
(1)    If the Common Stock is listed on any Securities Exchange, its Fair Market
Value shall be the closing sales price for a Share as quoted on such Securities
Exchange for such date or, if there is no closing sales price for a Share on the
date in question, the closing sales price for a Share on the last preceding date
for which such quotation exists, as reported by The Wall Street Journal or such
other source (whether in print or electronic) as the Committee deems reliable;
(2)    If the Common Stock is not listed on any Securities Exchange, but the
Common Stock is regularly quoted by a recognized securities dealer, its Fair
Market Value shall be the mean of the high bid and low asked prices for such
date or, if there are no high bid and low asked prices for a Share on such date,
the high bid and low asked prices for a Share on the last preceding date for
which such information exists, as reported by The Wall Street Journal or such
other source (whether in print or electronic) as the Committee deems reliable;
or
(3)    If the Common Stock is neither listed on any Securities Exchange nor
regularly quoted by a recognized securities dealer, its Fair Market Value shall
be established by the Committee in good faith.
20.    “Full Value Award” shall mean any Award other than (i) an Option, (ii) a
Stock Appreciation Right or (iii) any other Award for which the Holder must pay
the intrinsic value existing as of the date of grant (whether directly or by
forgoing a right to receive a payment from the Company or any Affiliate) as a
condition to exercising or receiving payment under it.
21.    “Greater Than 10% Stockholder” shall mean an individual then owning
(within the meaning of Section 424(d) of the Code) more than 10% of the total
combined voting power of all classes of stock of the Company or any subsidiary
corporation (as defined in Section 424(f) of the Code) or parent corporation (as
defined in Section 424(e) of the Code) thereof.
22.    “Holder” shall mean a person who has been granted an Award.
23.    “Incentive Stock Option” shall mean an Option that is intended to qualify
as an incentive stock option and conforms to the applicable provisions of
Section 422 of the Code.

3

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24.    “Non-Employee Director” shall mean a Director of the Company who is not
an Employee.
25.    “Non-Qualified Stock Option” shall mean an Option that is not an
Incentive Stock Option.
26.    “Option” shall mean a right to purchase Shares at a specified exercise
price, granted under Article 6. An Option shall be either a Non-Qualified Stock
Option or an Incentive Stock Option; provided, however, that Options granted to
Non-Employee Directors and Consultants shall only be Non-Qualified Stock
Options.
27.    “Original Effective Date” shall mean April 3, 2014.
28.    “Performance Award” shall mean a cash bonus award, stock bonus award,
performance award or incentive award that is paid in cash, Shares or a
combination of both, awarded under Section 9.1.
29.    “Performance-Based Compensation” shall mean any compensation that is
intended to qualify as “performance-based compensation” as described in Section
162(m)(4)(C) of the Code.
30.    “Performance Criteria” shall mean the criteria that the Committee selects
for an Award for purposes of establishing the Performance Goal or Performance
Goals for a Performance Period. The Performance Criteria that shall be used to
establish Performance Goals are limited to the following: (i) income/loss (e.g.,
operating income/loss, EBIT or similar measures, net income/loss, earnings/loss
per share, residual or economic earnings), (ii) cash flow (e.g., operating cash
flow, total cash flow, EBITDA, cash flow in excess of cost of capital or
residual cash flow, cash flow return on investment and cash flow sufficient to
achieve financial ratios or a specified cash balance), (iii) returns (e.g., on
revenues, investments, assets, capital or equity), (iv) working capital (e.g.,
working capital divided by revenues), (v) margins (e.g., variable margin,
profits divided by revenues, gross margins or margins divided by revenues), (vi)
liquidity (e.g., total or net debt, debt reduction, debt-to-capital,
debt-to-EBITDA and other liquidity ratios), (vii) revenues, cost initiative and
stock price metrics (e.g., revenues, stock price, total stockholder return,
expenses, cost structure improvements and costs divided by revenues or other
metrics); provided that any of the foregoing in (i) through (vii) may be
calculated, or described on a GAAP or non-GAAP basis; and (viii) strategic
metrics (e.g., market share, customer satisfaction, employee satisfaction
/turnover/development, service quality, unit volume, orders, backlog, traffic,
homes delivered, cancellation rates, productivity, operating efficiency,
inventory management, community count, goals related to acquisitions,
divestitures or other transactions and goals related to KBnxt operational
business model principles, including goals based on a per-employee, per-home
delivered or other basis).
31.    “Performance Goals” shall mean, for a Performance Period, one or more
goals established in writing by the Committee for the Performance Period based
upon one or more Performance Criteria. Depending on the Performance Criteria
used to establish such Performance Goals, the Performance Goals may be expressed
in terms of overall Company performance, either independently or as compared to
one or more companies, an index of companies,

4

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performance of specific subsidiaries or business units, either independently or
as compared to one or more companies or such companies’ subsidiaries or business
units, an index of companies, or otherwise as determined by the Committee. If
the Committee believes, in its sole discretion, that an equitable adjustment to
any Performance Goal is advisable in light of new developments or circumstances,
the Committee may provide for one or more objectively determinable adjustments.
Such adjustments may include or arise from one or more of the following: (i)
items related to a change in accounting principle; (ii) items relating to
financing or capital market activities; (iii) expenses for restructuring or
productivity initiatives; (iv) other non-operating items; (v) items related to
acquisitions; (vi) items attributable to the business operations of any entity
acquired by the Company during the Performance Period; (vii) items related to
the disposal of a business or segment of a business; (viii) items related to
discontinued operations that do not qualify as a segment of a business under
applicable accounting standards; (ix) items attributable to any stock dividend,
stock split, combination or exchange of stock occurring during the Performance
Period; (x) any other items of significant income or expense which are
determined to be appropriate adjustments; (xi) items relating to unusual or
extraordinary corporate transactions, events or developments, (xii) items
related to amortization of acquired intangible assets; (xiii) items that are
outside the scope of the Company’s core, on-going business activities; (xiv)
items related to acquired in-process research and development; (xv) items
relating to changes in tax laws; (xvi) items relating to major licensing or
partnership arrangements; (xvii) items relating to asset impairment charges;
(xviii) items relating to gains or losses for litigation, arbitration and
contractual settlements; or (xix) items relating to any other unusual,
infrequently occurring or nonrecurring events or changes in applicable laws or
business conditions. For all Awards intended to qualify as Performance-Based
Compensation, such determinations shall be made within the time prescribed by,
and otherwise in compliance with, Section 162(m) of the Code.
32.    “Performance Period” shall mean one or more periods of time, which may be
of varying and overlapping durations, as the Committee may select, over which
the attainment of one or more Performance Goals will be measured for the purpose
of determining a Holder’s right to, and the payment of, a Performance Award.
33.    “Permitted Transferee” shall mean, with respect to a Holder, any person
entitled to use a Form S-8 Registration Statement to exercise Awards originally
granted to the Holder and to sell Shares issued pursuant to Awards originally
granted to the Holder.
34.    “Program” shall mean any program adopted by the Committee pursuant to the
Plan containing terms and conditions intended to govern one or more specific
types of Awards and/or the manner in which they may be granted.
35.    “QDRO” shall mean a domestic relations order as defined by the Code or
Title I of the Employee Retirement Income Security Act of 1974, as amended from
time to time, or the regulations or official guidance promulgated thereunder.
36.    “Restricted Stock” shall mean Shares awarded under Article 8 that are
subject to certain restrictions and may be subject to risk of forfeiture or
repurchase.

5

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37.    “Restricted Stock Units” shall mean the right to receive Shares or the
value of Shares awarded under Section 9.3.
38.    “Retirement” shall mean an Employee’s severance from employment with the
Company and its Affiliates for any reason other than a leave of absence,
termination for cause, death or disability, at such time as the Employee’s age
and years of service with the Company and its Affiliates equals at least 65 or
more, provided that the Employee is then at least 55 years of age. The Company
shall have the sole right to determine whether an Employee’s severance from
employment constitutes a Retirement.
39.    “Securities Act” shall mean the Securities Act of 1933.
40.    “Securities Exchange” shall mean the New York Stock Exchange or any other
securities exchange, national market system or automated quotation system on
which the Shares are listed, quoted or traded.
41.    “Shares” shall mean shares of Common Stock.
42.    “Stock Appreciation Right” shall mean a stock appreciation right as
described and granted under Article 10.
43.    “Stock Payment” shall mean (a) a payment in the form of Shares or (b) a
right to purchase Shares, however denominated or described, as part of a bonus,
deferred compensation or other arrangement, in any such case awarded under
Section 9.2.
44.    “Substitute Award” shall mean Awards granted or Shares issued by the
Company in assumption of, or in substitution or exchange for, awards previously
granted, or the right or obligation to make future awards, in each case by a
company acquired by the Company or any Subsidiary or with which the Company or
any Subsidiary combines.
45.    “Termination of Service” shall mean,
(1)    As to a Consultant, the time when the engagement of a Holder as a
Consultant to the Company or an Affiliate is terminated for any reason, with or
without cause, including, without limitation, by resignation, discharge, death
or retirement, but excluding terminations where the Consultant simultaneously
commences or remains in employment or service with the Company or any Affiliate.
(2)    As to a Non-Employee Director, the time when a Holder who is a
Non-Employee Director ceases to be a Director for any reason, with or without
cause, including, without limitation, a termination by resignation, failure to
be elected, death or retirement, but excluding terminations where the Holder
simultaneously commences employment or service with the Company or any
Affiliate.
(3)    As to an Employee, the time when the employee-employer relationship
between a Holder and the Company or any Affiliate is terminated for any reason,
with or without cause, including, without limitation, a termination by
resignation, discharge, death, disability or

6

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retirement; but excluding terminations where the Holder simultaneously commences
or remains in employment or service with the Company or any Affiliate.
The Committee, in its sole discretion, shall determine the effect of all matters
and questions relating to Terminations of Service, including, without
limitation, the question of whether a Termination of Service resulted from a
discharge for cause and all questions of whether particular leaves of absence
constitute a Termination of Service; provided, however, that, with respect to
Incentive Stock Options, unless the Committee otherwise provides in the terms of
the Program, Award Agreement or otherwise, a leave of absence, change in status
from an employee to an independent contractor or other change in the
employee-employer relationship shall constitute a Termination of Service only if
and to the extent that any such event interrupts employment for the purposes of
Section 422(a)(2) of the Code. For purposes of the Plan, a Holder’s
employee-employer relationship or consultancy relationship shall be deemed to be
terminated in the event that the Affiliate employing or contracting with such
Holder ceases to remain an Affiliate following any merger, sale of stock or
other corporate transaction or event (including, without limitation, a
spin-off).
Notwithstanding the foregoing, with respect to any Award that constitutes
“deferred compensation” subject to the requirements of Section 409A of the Code,
a Termination of Service shall be deemed to have occurred upon a “separation
from service” within the meaning of Section 409A of the Code, as determined in
accordance with Section 1.409A-1(h) of the Treasury Regulations; provided that
(i) for a Holder who provides services to the Company as an Employee, a
separation from service shall be deemed to occur when the Holder has experienced
a termination of employment with the Company and the facts and circumstances
indicate that the Holder and the Company reasonably anticipate that either (A)
no further services will be performed by the Holder for the Company after a
certain date or (B) the level of bona fide services the Holder will perform for
the Company after a certain date (whether as an Employee or as an independent
contractor) will permanently decrease to no more than 20% of the average level
of bona fide services performed by the Holder (whether as an Employee or an
independent contractor) over the immediately preceding 36-month period (or the
full period of services performed for the Company if the Holder has been
performing services for less than 36 months); and (ii) for a Holder who provides
services to the Company as an independent contractor, a separation from service
shall be deemed to occur upon expiration or termination of all contracts under
which services are performed by the Holder for the Company, provided that such
expiration or termination constitutes a good-faith and complete severing of the
contractual relationship between the Holder and the Company, and provided,
further, that for a Holder who provides services to the Company as both an
Employee and an independent contractor, a separation from service shall
generally not occur until the Holder has ceased providing services for the
Company as both an Employee and an independent contractor pursuant to clauses
(i) and (ii) of this sentence. For purposes of determining whether a separation
from service has occurred, services performed for the Company shall include
services performed both for the Company and for any other corporation that is a
member of the same “controlled group” as the Company under Section 414(b) of the
Code or any other trade or business (such as a partnership) that is under common
control with the Company as determined under Section 414(c) of the Code, in each
case as modified by Section 1.409A-1(h)(3) of the Treasury Regulations and
substituting “at least 50 percent” for “at least 80 percent” each place it
appears in Section 1563(a) of the Code or Section 1.414(c)-2 of the Treasury
Regulations.

7

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46.    “Treasury Regulations” shall mean the final, temporary and proposed
regulations promulgated by the U.S. Department of the Treasury under the Code,
as such regulations may be amended from time to time.
ARTICLE 3.
SHARES SUBJECT TO THE PLAN
3.1    Number of Shares.
(a)    Subject to adjustment as provided in Section 3.1(b) and Section 13.2, the
aggregate number of Shares which may be authorized for grant under the Plan is
the sum of (i) Four Million Eight Hundred Thousand (4,800,000) Shares, plus upon
the Amended Effective Date Seven Million Five Hundred Thousand (7,500,000)
Shares and (ii) any Shares which as of the Original Effective Date were
available for grant under the Company’s 2010 Equity Incentive Plan, and (iii)
any Shares which were, as of the Original Effective Date, subject to awards
under the Company’s 2010 Equity Incentive Plan and which subsequently expire or
are canceled, forfeited, tendered or withheld to satisfy tax withholding
obligations in respect of full value awards or settled for cash. Any Share that
is subject to an Award that could be settled with Shares and is not a Full Value
Award shall be deducted from this limit at the ratio of one (1) Share for every
one (1) Share subject to the Award.  Any Share that is subject to a Full Value
Award that could be settled with Shares shall be deducted from this limit at the
ratio of 1.78 Shares for every one (1) Share subject to the Award.  After the
Original Effective Date, no new awards could be granted under the 2010 Equity
Incentive Plan, but any awards under the 2010 Equity Incentive Plan that are
outstanding as of the Original Effective Date or the Amended Effective Date
shall continue to be subject to the terms and conditions of the 2010 Equity
Incentive Plan.
(b)    If an Award expires or is canceled, forfeited or settled for cash (in
whole or in part), the Shares subject to such Award shall, to the extent of such
expiration, cancellation, forfeiture or cash settlement, again be available as
Shares authorized for grant under the Plan, in accordance with Section 3.1(d)
below. Shares tendered by a Holder or withheld by the Company to satisfy any tax
withholding obligation with respect to a Full Value Award shall again be
available as Shares authorized for grant under the Plan in accordance with
Section 3.1(d) below. Notwithstanding anything to the contrary contained herein,
Shares tendered by a Holder or withheld by the Company in payment of the
exercise price of an Award or to satisfy any tax withholding obligation with
respect to an Award that is not a Full Value Award shall not be available as
Shares authorized for grant under the Plan.
(c)    To the extent permitted by applicable law or the requirements of the
Securities Exchange, Substitute Awards shall not reduce the Shares authorized
for grant under the Plan or the limitations on grants to a Participant under
Section 4.5, nor shall Shares subject to a Substitute Award be added to the
Shares available for Awards under the Plan as provided in paragraph (b) above.
Additionally, in the event that a company acquired by the Company or any
Affiliate or with which the Company or any Affiliate combines has shares
available under a pre-existing plan approved by stockholders and not adopted in
contemplation of such acquisition or combination, the shares available for grant
pursuant to the terms of such pre-existing plan (as adjusted, to the extent
appropriate, using the exchange ratio or other adjustment or valuation ratio

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or formula used in such acquisition or combination to determine the
consideration payable to the holders of common stock of the entities party to
such acquisition or combination) may be used for Awards under the Plan and shall
not reduce the Shares authorized for grant under the Plan; provided, that Awards
using such available shares shall not be made after the date awards could have
been made under the terms of the pre-existing plan, absent the acquisition or
combination, and shall only be made to individuals who were not employed by or
providing services to the Company or its Affiliates immediately prior to such
acquisition or combination.
(d)    Each Share that again becomes available for grant pursuant to this
Section 3.1 shall be added back as (i) one (1) Share if such Share was subject
to an Award other than a Full Value Award (or subject to a similar award under
the 2010 Equity Incentive Plan), and (ii) as 1.78 Share if such Share was
subject to a Full Value Award (or subject to a similar award under the 2010
Equity Incentive Plan).
3.2    Stock Distributed. Any Shares distributed pursuant to an Award may
consist, in whole or in part, of authorized and unissued Common Stock, treasury
Common Stock or Common Stock purchased on the open market.
ARTICLE 4.
GRANTING OF AWARDS
4.1    Participation. The Committee may, from time to time, select from among
all Eligible Individuals, those to whom an Award shall be granted.
4.2    Award Agreement. Each Award shall be evidenced by an Award Agreement.
Award Agreements shall contain such terms and conditions as may be determined by
the Committee that are not inconsistent with the Plan, including any terms and
conditions that are necessary for Awards to comply with, or be exempt from, the
requirements of Section 409A of the Code. Award Agreements evidencing Awards
intended to qualify as Performance-Based Compensation shall contain such terms
and conditions as may be necessary to meet the applicable provisions of Section
162(m) of the Code. Award Agreements evidencing Incentive Stock Options shall
contain such terms and conditions as may be necessary to meet the applicable
provisions of Section 422 of the Code.
4.3    Programs. The Board or the Committee may from time to time establish
Programs pursuant to the Plan. An Award Agreement evidencing an Award granted
pursuant to any Program shall comply with the terms and conditions of such
Program and the Plan.
4.4    Limitations Applicable to Section 16 Persons. Notwithstanding any other
provision of the Plan, the Plan, any Award granted to any individual who is then
subject to Section 16 of the Exchange Act, and any applicable Program, shall be
subject to any additional limitations set forth in any applicable exemptive rule
under Section 16 of the Exchange Act (including Rule 16b-3 of the Exchange Act
and any amendments thereto) that are requirements for the application of such
exemptive rule. To the extent permitted by applicable law, the Plan and each
Program and Award shall be deemed amended to the extent necessary to conform to
such applicable exemptive rule.

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4.5    Fiscal Year Award Limit. Notwithstanding any provision in the Plan to the
contrary, and subject to Section 13.2 and the terms of this Section 4.5 with
respect to a Non-Employee Director, (a) the maximum aggregate number of Shares
that may be delivered pursuant to Full Value Awards intended as
Performance-Based Compensation that may be granted to any one person during any
fiscal year of the Company shall be One Million (1,000,000), (b) the maximum
aggregate number of Shares that may be delivered pursuant to Options or Stock
Appreciation Rights that may be granted to any one person during any fiscal year
of the Company shall be One Million (1,000,000), and (c) the maximum aggregate
amount of cash that may be paid to any one person during any fiscal year of the
Company with respect to one or more Performance Awards payable in cash shall be
Ten Million Dollars ($10,000,000); provided, however, that any Award granted
pursuant to Section 11.7 shall not count against such fiscal year limits. To the
extent required by Section 162(m) of the Code, Shares subject to Awards that are
canceled shall continue to be counted against the Award Limit specified in the
preceding sentence. Notwithstanding any provision in the Plan to the contrary,
the aggregate amount of all compensation granted to any Non-Employee Director
during any fiscal year of the Company, including any Awards (based on grant date
fair value computed as of the date of grant in accordance with applicable
financial accounting rules) and any cash retainer or meeting fee paid or
provided for service on the Board or any committee thereof, or any Award granted
in lieu of any such cash retainer or meeting fee, shall not exceed Seven Hundred
Thousand Dollars ($700,000); provided, however, that any Award granted pursuant
to Section 11.7 shall not count against such fiscal year limits.
4.6    At-Will Employment. Nothing in the Plan, any Program or any Award
Agreement shall confer upon any Holder any right to be employed by or to serve
as a Director or Consultant for the Company or any Affiliate, or to continue in
such employment or service, or shall interfere with or restrict in any way the
rights of the Company and any Affiliate, which rights are hereby expressly
reserved, to discharge any Holder at any time for any reason whatsoever, with or
without cause, and with or without notice, or to terminate or change all other
terms and conditions of employment or engagement, except to the extent expressly
provided otherwise in a written agreement between the Holder and the Company or
any Affiliate.
4.7    Stand-Alone and Tandem Awards. Awards granted pursuant to the Plan may,
in the sole discretion of the Committee, be granted either alone, in addition
to, or in tandem with, any other Award granted pursuant to the Plan. Awards
granted in addition to or in tandem with other Awards may be granted either at
the same time as or (subject to the requirements of Section 409A of the Code) at
a different time from the grant of such other Awards.
ARTICLE 5.
PERFORMANCE-BASED COMPENSATION
5.1    Purpose. The Committee, in its sole discretion, may determine at the time
an Award is granted whether such Award is intended to qualify as
Performance-Based Compensation. If the Committee, in its sole discretion,
decides to grant such an Award to an Eligible Individual that is intended to
qualify as Performance-Based Compensation, then the provisions of this Article 5
shall control over any contrary provision contained in the Plan. The Committee
may in its sole discretion grant Awards to other Eligible Individuals that are
based on

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Performance Criteria or Performance Goals but that do not satisfy the
requirements of this Article 5 and that are not intended to qualify as
Performance-Based Compensation.
5.2    Applicability. The grant of an Award to an Eligible Individual for a
particular Performance Period shall not require the grant of an Award to such
Eligible Individual in any subsequent Performance Period (or entitle such
Eligible Individual to any such grant) and the grant of an Award to any one
Eligible Individual shall not require the grant of an Award to any other
Eligible Individual in such period or in any other period (or entitle any such
other Eligible Individual to any such grant).
5.3    Types of Awards. Notwithstanding anything in the Plan to the contrary,
the Committee may grant any Award to a Covered Employee in a manner intended to
qualify as Performance-Based Compensation, including, without limitation,
Restricted Stock for which the restrictions lapse upon the attainment of
specified Performance Goals, and any Performance Awards described in Article 9
that vest or become exercisable or payable upon the attainment of one or more
specified Performance Goals.
5.4    Procedures with Respect to Performance-Based Awards. To the extent
necessary to comply with the requirements of Section 162(m)(4)(C) of the Code,
with respect to any Award granted to one or more Covered Employees and that is
intended to qualify as Performance-Based Compensation, no later than 90 days
following the commencement of any Performance Period (or such earlier time as
may be required under Section 162(m) of the Code), the Committee shall, in
writing, (a) designate one or more Eligible Individuals, (b) select the
Performance Criteria applicable to the Performance Period, (c) establish
objective Performance Goals, and amounts of such Awards, as applicable, which
may be earned for such Performance Period based on the Performance Criteria, and
(d) specify an objective relationship between the Performance Criteria and the
Performance Goals and the amounts of such Awards, as applicable, to be earned by
each Covered Employee for such Performance Period. Following the completion of
each Performance Period, the Committee shall certify in writing whether and the
extent to which the applicable Performance Goals have been achieved for such
Performance Period. In determining the amount earned or payable under such
Awards, to the extent provided under any applicable Program or Award Agreement,
the Committee shall have the right to reduce or eliminate (but not to increase)
the amount earned or payable at a given level of performance to take into
account additional factors that the Committee may deem relevant, including,
without limitation, the assessment of individual or Company performance for the
Performance Period.
5.5    Payment of Performance-Based Awards. Unless otherwise provided in the
applicable Program or Award Agreement, as to an Award that is intended to
qualify as Performance-Based Compensation, the Holder must be employed by the
Company or an Affiliate throughout the Performance Period. Unless otherwise
provided in the applicable Performance Goals, Program or Award Agreement, a
Holder shall be eligible to receive payment pursuant to such Awards for a
Performance Period only if and to the extent the Performance Goals for such
period are achieved.
5.6    Additional Limitations. Notwithstanding any other provision of the Plan
and except as otherwise determined by the Committee, any Award that is granted
to a Covered Employee and is intended to qualify as Performance-Based
Compensation shall be subject to any

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additional limitations set forth in Section 162(m) of the Code that are
requirements for qualification as Performance-Based Compensation, and the Plan,
any applicable Program and the Award Agreement shall be deemed amended to the
extent necessary to conform to such requirements.
ARTICLE 6.
GRANTING OF OPTIONS
6.1    Granting of Options to Eligible Individuals. The Committee is authorized
to grant Options to Eligible Individuals on such terms and conditions as it may
determine that are not inconsistent with the Plan; provided, however, that no
Option shall be granted to any Employee or Consultant of an Affiliate unless the
Company is an “eligible issuer of service recipient stock” with respect to such
person within the meaning of Section 409A of the Code.
6.2    Qualification of Incentive Stock Options. No Incentive Stock Option shall
be granted to any person who is not an Employee of the Company or any subsidiary
corporation of the Company (as defined in Section 424(f) of the Code). No person
who is a Greater Than 10% Stockholder may be granted an Incentive Stock Option
unless such Incentive Stock Option conforms to the applicable provisions of
Section 422 of the Code. Any Incentive Stock Option granted under the Plan may
be modified by the Committee, with the consent of the Holder, to disqualify such
Option from treatment as an “incentive stock option” under Section 422 of the
Code. To the extent that the aggregate Fair Market Value of Shares with respect
to which “incentive stock options” (within the meaning of Section 422 of the
Code, but without regard to Section 422(d) of the Code) are exercisable for the
first time by a Holder during any calendar year under the Plan, and all other
plans of the Company and any subsidiary or parent corporation thereof (each as
defined in Section 424(f) and (e) of the Code, respectively), exceeds $100,000,
the Options shall be treated as Non-Qualified Stock Options to the extent
required by Section 422 of the Code. The requirements set forth in the preceding
sentence shall be applied by taking Options and other “incentive stock options”
into account in the order in which they were granted and the Fair Market Value
of Shares shall be determined as of the time the respective instruments were
granted. Subject to adjustment as provided in Section 3.1(b) and Section 13.2,
no more than One Million Seven Hundred and Fifty Thousand (1,750,000) Shares may
be issued pursuant to the exercise of Incentive Stock Options granted under the
Plan.
6.3    Option Exercise Price. The exercise price per Share subject to each
Option shall be set by the Committee, but shall not be less than 100% of the
Fair Market Value of a Share on the date the Option is granted (or on the date
the Option is modified, extended or renewed for purposes of Section 409A of the
Code or, as to an Incentive Stock Option, Section 424(h) of the Code). In
addition, in the case of Incentive Stock Options granted to a Greater Than 10%
Stockholder, such price shall not be less than 110% of the Fair Market Value of
a Share on the date the Option is granted (or the date the Option is modified,
extended or renewed for purposes of Section 424(h) of the Code).
6.4    Option Term. The term of each Option shall be set by the Committee in its
sole discretion; provided, however, that the term shall not be more than ten
(10) years from the date the Option is granted, or five (5) years from the date
an Incentive Stock Option is granted to a Greater Than 10% Stockholder. The
Committee shall determine the time period, including the

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time period following a Termination of Service, during which a Holder has the
right to exercise the vested Options, which time period may not extend beyond
the term of the Option.
6.5    Option Vesting. The Committee shall determine the period of time and
other conditions that must be satisfied before the Holder’s right to exercise an
Option, in whole or in part, shall vest. Such vesting may be based on service
with the Company or an Affiliate, any of the Performance Criteria, or any other
criterion or condition determined by the Committee. No portion of an Option that
cannot be exercised at the Holder’s Termination of Service shall thereafter
become exercisable.
6.6    Substitute Awards. Notwithstanding the foregoing provisions of this
Article 6 to the contrary, in the case of an Option that is a Substitute Award,
the price per share of the shares subject to such Option may be less than the
Fair Market Value per share on the date of grant; provided, that the excess of:
(a) the aggregate Fair Market Value (as of the date such Substitute Award is
granted) of the shares subject to the Substitute Award, over (b) the aggregate
exercise price thereof does not exceed the excess of: (x) the aggregate Fair
Market Value (as of the time immediately preceding the transaction giving rise
to the Substitute Award, such Fair Market Value to be determined by the
Committee) of the shares of the predecessor entity that were subject to the
grant assumed or substituted for by the Company, over (y) the aggregate exercise
price of such shares, and that the grant of the Substitute Award otherwise
satisfies the requirements of Section 1.409A-1(b)(5)(v)(D) of the Treasury
Regulations or, in the case of an Incentive Stock Option, Section 1.424-1(a) of
the Treasury Regulations.
6.7    Substitution of Stock Appreciation Rights. The Committee may provide in
the applicable Program or the Award Agreement evidencing the grant of an Option
that the Committee, in its sole discretion, shall have the right to substitute a
Stock Appreciation Right for such Option at any time prior to or upon exercise
of such Option; provided, that such Stock Appreciation Right shall be
exercisable with respect to the same number of Shares for which such substituted
Option would have been exercisable and such Stock Appreciation Right shall have
the same exercise price and the same remaining vesting schedule and term as such
Option.
ARTICLE 7.
EXERCISE OF OPTIONS
7.1    Partial Exercise. An exercisable Option may be exercised in whole or in
part. However, an Option shall not be exercisable with respect to fractional
shares and the Committee may require that, by the terms of the Option, a partial
exercise must be with respect to a minimum number of Shares.
7.2    Manner of Exercise. All or a portion of an exercisable Option shall be
deemed exercised upon delivery of all of the following to the Company Stock
Administrator:
(a)    A written or electronic notice complying with the applicable rules
established by the Company Stock Administrator stating that the Option, or a
portion thereof, is exercised. The notice must be signed in writing or
electronically by the Holder or other person then entitled to exercise the
Option or such portion of the Option;

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(b)    Such representations and documents as the Company Stock Administrator, in
its sole discretion, deems necessary or advisable to effect compliance with all
applicable laws and regulations, and the rules of any applicable Securities
Exchange. The Company Stock Administrator may, in its sole discretion, also take
whatever additional actions it deems appropriate to effect such compliance
including, without limitation, placing legends on share certificates and issuing
stop-transfer notices to agents and registrars;
(c)    In the event that the Option shall be exercised by any person other than
the Holder who is permitted to exercise the Option in accordance with Section
11.3, appropriate proof of the right of such person to exercise the Option, as
determined in the sole discretion of the Company Stock Administrator; and
(d)    Full payment of the exercise price and applicable withholding taxes to
the Company for the Shares with respect to which the Option, or portion thereof,
is exercised, in a manner permitted by Section 11.1 and 11.2.
7.3    Notification Regarding Disposition. The Holder shall give the Company
Stock Administrator prompt written or electronic notice of any disposition of
Shares acquired by exercise of an Incentive Stock Option which occurs within (a)
two years from the date of granting (including the date the Option is modified,
extended or renewed for purposes of Section 424(h) of the Code) such Option to
such Holder, or (b) one year after the transfer of such shares to such Holder.

ARTICLE 8.
AWARD OF RESTRICTED STOCK
8.1    Award of Restricted Stock.
(e)    The Committee is authorized to grant Restricted Stock to Eligible
Individuals, and shall determine such terms and conditions, including the
restrictions applicable to each Award of Restricted Stock, that are not
inconsistent with the Plan, and may impose such conditions on the issuance of
such Restricted Stock, as it deems appropriate.
(f)    The Committee shall establish the purchase price, if any, and form of
payment for Restricted Stock; provided, however, that if a purchase price is
charged, such purchase price shall be no less than the par value of the Shares
to be purchased, unless otherwise permitted by applicable state law. In all
cases, legal consideration shall be required for each issuance of Restricted
Stock.
8.2    Rights as Stockholders. Subject to Section 8.4, upon the grant of a
Restricted Stock Award, the Holder shall have, unless otherwise provided in the
terms of the applicable Award Agreement, all the rights of a stockholder with
respect to the Shares subject to the Award, subject to the restrictions in the
applicable Program or in his or her Award Agreement, including the right to
receive all dividends and other distributions paid or made with respect to the
Shares; provided, however, that if the lifting or lapsing of the restrictions on
an Award of Restricted Stock is subject to satisfaction of one or more
Performance Goals, the Holder shall not be

14

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entitled to receive dividends or other distributions with respect to the Shares
subject to the Award unless and until each of the applicable Performance Goals
has been satisfied, at which time declared and accrued but unpaid dividends and
distributions from and after the date of grant of the Award shall become payable
to the Holder as soon as practicable.
8.3    Restrictions. All Shares of Restricted Stock (including any Shares
received by Holders thereof with respect to Shares of Restricted Stock as a
result of stock dividends, stock splits or any other form of recapitalization)
shall, under the terms of the applicable Program or Award Agreement, be subject
to such restrictions and vesting requirements as the Committee shall provide.
Such restrictions may include, without limitation, restrictions concerning
voting rights and transferability and such restrictions may lapse separately or
in combination at such times and pursuant to such circumstances or based on such
criteria as selected by the Committee, including, without limitation, criteria
based on the Holder’s duration of employment or service with the Company or its
Affiliates, applicable Performance Criteria, Company performance or individual
performance. Restricted Stock may not be sold or encumbered until all applicable
restrictions are satisfied, terminated or expire.
8.4    Repurchase or Forfeiture of Restricted Stock. Except at set forth in an
Award Agreement, if no purchase price was paid by a Holder in cash or property
for a grant of Restricted Stock, upon a Termination of Service the Holder’s
rights in any Shares of Restricted Stock then subject to restrictions shall
terminate, and such Shares of Restricted Stock shall be surrendered to the
Company and cancelled without consideration. Except at set forth in an Award
Agreement, if a purchase price was paid by a Holder in cash or property for a
grant of Restricted Stock, upon a Termination of Service the Company shall have
the right to repurchase from the Holder the Shares of Restricted Stock then
subject to restrictions at a cash price per Share equal to the purchase price
paid by the Holder in cash or property for such Shares of Restricted Stock or
such other amount as may be specified under the applicable Program or in the
applicable Award Agreement.
8.5    Certificates for Restricted Stock. Restricted Stock granted pursuant to
the Plan may be evidenced in such manner as the Company Stock Administrator
shall determine. Certificates, book entries or electronic registration
evidencing shares of Restricted Stock must include an appropriate legend
referring to the terms, conditions, and restrictions applicable to such
Restricted Stock, and the Company may, in it sole discretion, retain physical
possession of any stock certificate until such time as all applicable
restrictions lapse.
8.6    Section 83(b) Election. If a Holder makes an election under Section 83(b)
of the Code to be taxed with respect to the Restricted Stock as of the date of
transfer of the Restricted Stock rather than as of the date or dates upon which
the Holder would otherwise be taxable under Section 83(a) of the Code, the
Holder shall be required to deliver a copy of such election to the Company
promptly after filing such election with the Internal Revenue Service.
ARTICLE 9.
    
AWARD OF PERFORMANCE AWARDS, STOCK
PAYMENTS AND RESTRICTED STOCK UNITS
9.1    Performance Awards.

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(a)    The Committee is authorized to grant Performance Awards to any Eligible
Individual, and to determine such terms and conditions that are not inconsistent
with the Plan and whether such Performance Awards shall be Performance-Based
Compensation. The number of Shares subject to a Performance Award and the value
of a Performance Award may be linked to any one or more of the Performance
Criteria or other specific criteria determined by the Committee, in each case on
a specified date or dates or over any period or periods determined by the
Committee. Performance Awards may be paid in cash, Shares, or both, as
determined by the Committee.
(b)    Without limiting Section 9.1(a), the Committee may grant Performance
Awards to any Eligible Individual in the form of a cash bonus payable upon the
attainment of objective Performance Goals, or such other criteria, whether or
not objective, which are established by the Committee, in each case on a
specified date or dates or over any period or periods determined by the
Committee. Any such bonuses paid to a Holder that are intended to be
Performance-Based Compensation shall be based upon objectively determinable
bonus formulas established in accordance with the provisions of Article 5.
9.2    Stock Payments. The Committee is authorized to make Stock Payments to any
Eligible Individual and to determine such terms and conditions that are not
inconsistent with the Plan. The number or value of Shares of any Stock Payment
shall be determined by the Committee and may be based upon one or more
Performance Criteria or any other specific criteria, including service to the
Company or any Affiliate, determined by the Committee. Shares underlying a Stock
Payment that is subject to a vesting schedule or other restrictions, conditions
or criteria set by the Committee will not be issued until the restrictions,
conditions or criteria have been satisfied. Unless otherwise provided in the
applicable Award Agreement, a Holder of a Stock Payment shall have no rights as
a Company stockholder with respect to such Stock Payment until such time as the
Stock Payment has vested and the Shares underlying the Award have been issued to
the Holder. Stock Payments may, but are not required to, be made in lieu of base
salary, bonus, fees or other cash compensation otherwise payable to such
Eligible Individual.
9.3    Restricted Stock Units. The Committee is authorized to grant Restricted
Stock Units to any Eligible Individual. The number and terms and conditions of
Restricted Stock Units shall be determined by the Committee, which shall not be
inconsistent with the Plan. The Committee shall specify the date or dates on
which the Restricted Stock Units shall become fully vested and nonforfeitable,
and may specify such vesting restrictions, conditions or criteria as it deems
appropriate, including, without limitation, conditions based on one or more
Performance Criteria or other specific criteria, including service to the
Company or any Affiliate, in each case on a specified date or dates or over any
period or periods, as the Committee determines. The Company Stock Administrator
shall specify, or permit the Holder to elect, the conditions and dates upon
which the Shares underlying the Restricted Stock Units that shall be issued, if
applicable, subject to the requirements of Section 409A of the Code. Restricted
Stock Units may be paid in cash, Shares, or both, as determined by the
Committee. On the distribution dates, the Company shall issue to the Holder one
unrestricted, fully transferable Share (or the Fair Market Value of one such
Share in cash) for each vested and nonforfeitable Restricted Stock Unit.

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9.4    Term. The term of a Performance Award, Stock Payment award and/or
Restricted Stock Unit award shall be set by the Committee in its sole
discretion.
9.5    Exercise or Purchase Price. The Committee may establish an exercise or
purchase price for a Performance Award, Shares distributed as a part of a Stock
Payment or Shares distributed pursuant to a Restricted Stock Unit Award.
9.6    Dividend Equivalents. Dividend equivalents may be granted by the
Committee based on dividends declared on the Common Stock, to be credited as of
dividend payment dates during the period between the date an Award is granted
and the date such Award vests, is exercised, is distributed or expires, as
determined by the Committee, except that dividend equivalents may not be granted
in connection with Options or Stock Appreciation Rights.  Such dividend
equivalents shall be converted to cash or additional shares of Common Stock by
such formula and at such time and subject to such limitations as may be
determined by the Committee. Notwithstanding the provisions of this Article 9,
dividend equivalents, dividends and other distributions paid or made with
respect to (a) any Performance Award or (b) any Stock Payment award or
Restricted Stock Unit award where the applicable vesting thereof and/or lapse of
restrictions, conditions or criteria thereon is subject to the satisfaction of
one or more Performance Goals, shall not be payable to an Eligible Individual
unless and until each of the applicable Performance Goals has been satisfied, at
which time declared and accrued but unpaid dividend equivalents, dividends and
distributions from and after the date of grant of the Award shall become payable
to the Eligible Individual as soon as practicable.

ARTICLE 10.
AWARD OF STOCK APPRECIATION RIGHTS
10.1    Grant of Stock Appreciation Rights.
(a)    The Committee is authorized to grant Stock Appreciation Rights to
Eligible Individuals on such terms and conditions as it may determine that are
not inconsistent with the Plan; provided, however, that no Stock Appreciation
Right shall be granted to any Employee or Consultant of an Affiliate unless the
Company is an “eligible issuer of service recipient stock” with respect to such
person within the meaning of Section 409A of the Code.
(b)    A Stock Appreciation Right shall entitle the Holder (or other person
entitled to exercise the Stock Appreciation Right) to exercise all or a
specified portion of the Stock Appreciation Right (to the extent then
exercisable pursuant to its terms) and to receive from the Company an amount
determined by multiplying the difference obtained by subtracting the exercise
price of the Stock Appreciation Right from the Fair Market Value of a Share on
the date of exercise of the Stock Appreciation Right, and multiplying the
difference, if positive, by the number of Shares with respect to which the Stock
Appreciation Right shall have been exercised, subject to any limitations the
Committee may impose. Except as described in Section 10.1(c) below, the exercise
price of each Stock Appreciation Right shall be set by the Committee, but shall
not be less than 100% of the Fair Market Value of a Share on the date the

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Stock Appreciation Right is granted (or on the date the Stock Appreciation Right
is modified, extended or renewed for purposes of Section 409A of the Code).
(c)    Notwithstanding the foregoing provisions of Section 10.1(b) to the
contrary, in the case of a Stock Appreciation Right that is a Substitute Award,
the exercise price of such Stock Appreciation Right may be less than 100% of the
Fair Market Value of a Share on the date of grant; provided, that the excess of:
(a) the aggregate Fair Market Value (as of the date such Substitute Award is
granted) of the Shares subject to the Substitute Award, over (b) the aggregate
exercise price thereof does not exceed the excess of: (x) the aggregate fair
market value (as of the time immediately preceding the transaction giving rise
to the Substitute Award, such fair market value to be determined by the
Committee) of the shares of the predecessor entity that were subject to the
grant assumed or substituted for by the Company, over (y) the aggregate exercise
price of such shares, and that the grant of the Substitute Award otherwise
satisfies the requirements of Section 1.409A-1(b)(5)(v)(D) of the Treasury
Regulations.
10.2    Stock Appreciation Right Term. The term of each Stock Appreciation Right
shall be set by the Committee in its sole discretion; provided, however, that
the term shall not be more than ten (10) years from the date the Stock
Appreciation Right is granted. The Committee shall determine the time period,
including the time period following a Termination of Service, during which the
Holder has the right to exercise a vested Stock Appreciation Right, which time
period may not extend beyond the term of the Stock Appreciation Right.
10.3    Stock Appreciation Right Vesting. The Committee shall determine the
period of time and other conditions that must be satisfied before the Holder’s
right to exercise a Stock Appreciation Right, in whole or in part, shall vest.
Such vesting may be based on service with the Company or an Affiliate, any of
the Performance Criteria, or any other criterion or condition determined by the
Committee. No portion of a Stock Appreciation Right that cannot be exercised at
the Holder’s Termination of Service shall thereafter become exercisable.
10.4    Manner of Exercise. All or a portion of an exercisable Stock
Appreciation Right shall be deemed exercised upon delivery of all of the
following to the Company Stock Administrator, or such other person or entity
designated by the Committee, or his, her or its office, as applicable:
(a)    A written or electronic notice complying with the applicable rules
established by the Company Stock Administrator stating that the Stock
Appreciation Right, or a portion thereof, is exercised. The notice must be
signed in writing or electronically by the Holder or other person then entitled
to exercise the Stock Appreciation Right or such portion of the Stock
Appreciation Right;
(b)    Such representations and documents as the Company Stock Administrator, in
its sole discretion, deems necessary or advisable to effect compliance with
applicable laws and regulations. The Company Stock Administrator may, in its
sole discretion, also take whatever additional actions it deems appropriate to
effect such compliance; and

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(c)    In the event that the Stock Appreciation Right shall be exercised
pursuant to this Section 10.4 by any person or persons other than the Holder,
appropriate proof of the right of such person or persons to exercise the Stock
Appreciation Right.
10.5    Payment. Payment of the amounts payable with respect to Stock
Appreciation Rights pursuant to this Article 10 shall be in cash, Shares (based
on their Fair Market Value as of the date the Stock Appreciation Right is
exercised), or a combination of both, as determined by the Committee, less the
applicable withholding taxes.

ARTICLE 11.
ADDITIONAL TERMS OF AWARDS
11.1    Payment. The Committee shall determine the methods by which payments by
any Holder with respect to any Awards granted under the Plan shall be made,
including, without limitation: (a) cash or check, (b) Shares (including, in the
case of payment of the exercise price of an Award, Shares issuable pursuant to
the exercise of the Award) or Shares not subject to any pledge or security
interest and held for such period of time as may be required by the Committee,
in each case, having a Fair Market Value on the date of delivery equal to the
aggregate payments required, (c) delivery of a written or electronic notice that
the Holder has placed a market sell order with a broker with respect to Shares
then issuable upon exercise or vesting of an Award, and that the broker has been
directed to pay a sufficient portion of the net proceeds of the sale to the
Company in satisfaction of the aggregate payments required; provided, that
payment of such proceeds is then made to the Company upon settlement of such
sale, or (d) other property or legal consideration acceptable to the Committee.
The Committee shall also determine the methods by which Shares shall be
delivered or deemed to be delivered to Holders. Notwithstanding any other
provision of the Plan to the contrary, no Holder who is a Director or an
“executive officer” of the Company within the meaning of Section 13(k) of the
Exchange Act shall be permitted to make payment with respect to any Awards
granted under the Plan, or continue any extension of credit with respect to such
payment, with a loan from the Company or a loan arranged by the Company to the
extent it would violate Section 13(k) of the Exchange Act.
11.2    Tax Withholding. The Company and any Affiliate shall have the authority
and the right to deduct or withhold, or require a Holder to remit to the
Company, an amount sufficient to satisfy federal, state, local and foreign taxes
(including the Holder’s FICA or employment tax obligation) required by law to be
withheld with respect to any taxable event concerning a Holder arising as a
result of the Plan. The Committee may, in its sole discretion and in
satisfaction of the foregoing requirement, allow a Holder to elect to have the
Company withhold Shares otherwise issuable under an Award (or allow the
surrender of Shares). The number of Shares which may be so withheld or
surrendered shall be limited to the number of Shares which have a Fair Market
Value on the date of withholding or repurchase equal to the aggregate amount of
such liabilities not to exceed the minimum statutory withholding rates for
federal, state, local and foreign income tax and payroll tax purposes that are
applicable to such supplemental taxable income (or such other rate that will not
create an adverse accounting cost or consequence). The Company Stock
Administrator shall determine the Fair Market Value of the Shares, consistent

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with applicable provisions of the Code, for tax withholding obligations due in
connection with a broker-assisted cashless Option exercise or a Stock
Appreciation Right exercise involving the sale of Shares to pay the Option or
Stock Appreciation Right exercise price or any tax withholding obligation.
11.3    Transferability of Awards.
(d)    Except as otherwise provided in Section 11.3(b):
(i)    No Award under the Plan may be sold, pledged, assigned or transferred in
any manner other than to a Permitted Transferee by will or the laws of descent
and distribution or, subject to the consent of the Committee, pursuant to a
QDRO, unless and until and to the extent such Award has been exercised, or the
Shares underlying such Award have been issued, and all restrictions applicable
to such Shares have lapsed;
(ii)    No Award or interest or right therein shall be liable for the debts,
contracts or engagements of the Holder or the Holder’s successors in interest or
shall be subject to disposition by transfer, alienation, anticipation, pledge,
hypothecation, encumbrance, assignment or any other means whether such
disposition be voluntary or involuntary or by operation of law by judgment,
levy, attachment, garnishment or any other legal or equitable proceedings
(including bankruptcy), and any attempted imposition of liability thereon or
disposition thereof shall be null and void and of no effect, except to the
extent that such disposition is permitted hereunder; and
(iii)    During the lifetime of the Holder, only the Holder (or the personal
representative of an incompetent Holder) may exercise an Award (or any portion
thereof) granted to such Holder under the Plan, unless it has been disposed of
pursuant to a QDRO, in which case the beneficiary of the QDRO may exercise the
Award; after the death of the Holder, any exercisable portion of an Award may be
exercised by a Permitted Transferee, but only prior to the time when such
portion expires or becomes unexercisable under the Plan or the applicable
Program or Award Agreement.
(e)    Notwithstanding Section 11.3(a), the Committee, in its sole discretion
and subject to such terms and conditions as it may impose, may permit a Holder
to transfer an Award other than an Incentive Stock Option to any one or more
Permitted Transferees, subject to any state, federal, local or foreign tax and
securities laws applicable to transferable Awards.
(f)    A Holder may, in the manner determined by the Committee, designate a
Permitted Transferee to exercise the rights of the Holder as his or her
beneficiary and to receive any distribution with respect to any Award upon the
Holder’s death. Such person shall be subject to all terms and conditions of the
Plan and any Program or Award Agreement applicable to the Holder, except to the
extent the Plan, the Program, the Award Agreement or applicable law otherwise
provide, and to any additional restrictions deemed necessary or appropriate by
the Committee. If the Holder is married and resides in a community property
state, a designation of a person other than the Holder’s spouse as his or her
beneficiary with respect to more than 50% of the Holder’s interest in the Award
shall not be effective without the prior written or electronic consent of the
Holder’s spouse. Subject to the foregoing, a beneficiary designation may be

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changed or revoked by a Holder at any time provided the change or revocation is
filed with the Committee prior to the Holder’s death. If no beneficiary has been
designated in this manner or the beneficiary does not survive the Holder, the
rights of the Holder shall be exercisable by the Holder’s executor or
administrator.
11.4    Conditions to Issuance of Shares.
(a)    Notwithstanding anything herein to the contrary, the Company shall not be
required to issue or deliver any certificates or make any book entries
evidencing Shares pursuant to the exercise or vesting of any Award, unless and
until the Board or the Committee has determined, with advice of counsel, that
the issuance of such Shares is in compliance with all applicable laws and
regulations and, if applicable, the requirements of any Securities Exchange, and
the Shares are covered by an effective registration statement or applicable
exemption from registration. In addition to the terms and conditions provided
herein, the Board or the Committee may require that a Holder make such
reasonable covenants, agreements, and representations as the Board or the
Committee, in its discretion, deems advisable in order to comply with any such
laws, regulations, or requirements.
(b)    All certificates evidencing Shares delivered pursuant to the Plan and all
Shares issued pursuant to book entry procedures are subject to any stop-transfer
orders and other restrictions as the Committee or the Company Stock
Administrator deems necessary or advisable to comply with applicable laws and
regulations and the rules of any Securities Exchange.
(c)    The Company Stock Administrator shall have the right to require any
Holder to comply with any timing or other restrictions with respect to the
settlement, vesting, distribution or exercise of any Award, including a
window-period limitation, as may be imposed in the sole discretion of the
Company Stock Administrator, or because of any other requirement arising from
compliance with any applicable laws or regulations, as determined by the Company
Stock Administrator, in its sole discretion.
(d)    No fractional Shares shall be issued and the Company Stock Administrator
shall determine, in its sole discretion, whether cash shall be given in lieu of
fractional Shares or whether such fractional Shares shall be eliminated by
rounding.
(e)    Notwithstanding any other provision of the Plan, unless otherwise
determined by the Company Stock Administrator or required by any applicable laws
or regulations, the Company shall not deliver to any Holder certificates
evidencing Shares issued in connection with any Award and instead such Shares
shall be recorded in the books of the Company (or, as applicable, its transfer
agent or the Company Stock Administrator).
11.5    Forfeiture Provisions. Pursuant to its general authority to determine
the terms and conditions applicable to Awards under the Plan, the Committee
shall have the right to provide, in the terms or conditions of Programs or
Awards made under the Plan or in any policy with respect to the recovery or
recoupment of compensation or benefits in the event of financial restatements or
the occurrence of other events that are inconsistent with the payment of
compensation, as determined by the Committee, or to require a Holder to agree by
separate written or electronic instrument, that: (a)(i) any proceeds, gains or
other economic benefit

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actually or constructively received by the Holder upon any receipt or exercise
of the Award, or upon the receipt or resale of any Shares underlying the Award,
must be paid to the Company, and (ii) the Award shall terminate and any
unexercised portion of the Award (whether or not vested) shall be forfeited, if
(b)(i) a Termination of Service occurs prior to a specified date, or within a
specified time period following receipt or exercise of the Award, (ii) the
Holder at any time, or during a specified time period, engages in any activity
in competition with the Company, or which is inimical, contrary or harmful to
the interests of the Company, as further defined by the Committee, (iii) the
Holder incurs a Termination of Service for “cause” (as such term is defined in
the sole discretion of the Committee, or as set forth in a written agreement
relating to such Award between the Company and the Holder) or (iv) the Company’s
financial results are restated and such proceeds, gains or other economic
benefit actually or constructively received by the Holder would have been lower
had they been calculated based on such restated results.
11.6    Prohibition on Repricing. Except as provided in Section 13.2, the
Committee shall not, without the approval of the stockholders of the Company,
(i) authorize the amendment of any outstanding Option or Stock Appreciation
Right to reduce its exercise price, or (ii) cancel any outstanding Option or
Stock Appreciation Right in exchange for cash or another Award that has a lower
exercise price or that provides additional value to the Holder.
11.7    Permitted Replacement Awards. The Committee shall have the authority,
without the approval of the stockholders of the Company, to amend any
outstanding Award (or any award granted under another Company plan, subject to
the terms of such other plan) to increase the exercise price or to cancel and
replace an Award (or any award granted under another Company plan, subject to
the terms of such other plan) with the grant of an Award having an exercise
price that is greater than or equal to the original price per share and/or
having vesting schedule and term equal to the remaining vesting schedule and
term of the Award (or award granted under another Company plan) being replaced.

ARTICLE 12.
ADMINISTRATION
12.1    Committee. The Committee shall administer the Plan (except as otherwise
permitted herein) and shall consist solely of two or more Non-Employee Directors
appointed by and holding office at the pleasure of the Board, each of whom is
intended to qualify as a “non-employee director” as defined by Rule 16b-3 of the
Exchange Act or any successor rule, an “outside director” for purposes of
Section 162(m) of the Code and an “independent director” under the rules of any
Securities Exchange; provided, that any action taken by the Committee shall be
valid and effective, whether or not members of the Committee at the time of such
action are later determined not to have satisfied the requirements for
membership set forth in this Section 12.1 or otherwise provided in any charter
of the Committee.
12.2    Duties and Powers of Committee. It shall be the duty of the Committee to
conduct the general administration of the Plan in accordance with its
provisions, subject to the Committee’s power to delegate duties under Section
12.6. The Committee shall have the power to interpret the Plan, the Program and
any Award Agreement, and to adopt such rules for the

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administration, interpretation and application of the Plan as are not
inconsistent therewith, to interpret, amend or revoke any such rules and to
amend any Program or Award Agreement in any manner not inconsistent with the
Plan; provided that the rights of the Holder of an Award that is the subject of
any such Program or Award Agreement are not affected adversely by such
amendment, unless the consent of the Holder is obtained or such amendment is
otherwise permitted under Section 13.9. Any such Award under the Plan need not
be the same with respect to each Holder. Any such interpretations and rules with
respect to Incentive Stock Options shall be consistent with the provisions of
Section 422 of the Code. In its sole discretion, the Board may at any time and
from time to time exercise any and all rights and duties of the Committee under
the Plan except with respect to matters which under Rule 16b-3 under the
Exchange Act, Section 162(m) of the Code or the rules of any Securities Exchange
require otherwise.
12.3    Action by the Committee. Unless otherwise established by the Board or in
any charter of the Committee, a majority of the Committee shall constitute a
quorum and the acts of a majority of the members present at any meeting at which
a quorum is present, and acts approved in writing by all members of the
Committee in lieu of a meeting, shall be deemed the acts of the Committee for
purposes of the Plan. Each member of the Committee is entitled to, in good
faith, rely or act upon any report or other information furnished to that member
by any officer or other employee of the Company or any Affiliate, the Company’s
independent certified public accountants, or any compensation consultant,
attorney or other professional retained by the Company to assist in the
administration of the Plan.
12.4    Authority of Committee. Subject to any specific designation in the Plan
or any applicable Program, the Committee has the exclusive power, authority and
sole discretion to:
(a)    Designate Eligible Individuals to receive Awards;
(b)    Determine the type or types of Awards to be granted to each Eligible
Individual;
(c)    Determine the number of Awards to be granted and the number of Shares to
which an Award will relate;
(d)    Determine the terms and conditions of any Award granted pursuant to the
Plan, including, but not limited to: the exercise price, grant price, or
purchase price; any Performance Criteria; any restrictions or limitations on the
Award; any schedule for vesting; lapse of forfeiture restrictions or
restrictions on the exercisability of an Award and accelerations or waivers
thereof; and any provisions related to non-competition and recapture of gain on
an Award, based in each case on such considerations as the Committee in its sole
discretion determines;
(e)    Determine whether, to what extent, and pursuant to what circumstances (i)
an Award may be settled in, or the exercise price of an Award may be paid in
cash, Shares, other Awards, or other property (subject to the requirements of
Section 409A of the Code), or (ii) an Award may be canceled, forfeited, or
surrendered;
(f)    Prescribe the form of each Award Agreement, which need not be identical
for each Holder;

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(g)    Decide all other matters that must be determined in connection with an
Award;
(h)    Establish, adopt, or revise any rules and regulations as it may deem
necessary or advisable to administer the Plan;
(i)    Interpret the terms of, and any matter arising pursuant to, the Plan, any
Program or any Award Agreement; and
(j)    Make all other decisions and determinations that may be required pursuant
to the Plan or as the Committee deems necessary or advisable to administer the
Plan.
12.5    Decisions Binding. The Committee’s interpretation of the Plan, any
Awards granted pursuant to the Plan, any Program, any Award Agreement and all
decisions and determinations by the Committee with respect to the Plan are
final, binding, and conclusive on all parties.
12.6    Delegation of Authority. The Board or Committee may from time to time
delegate (a) to a committee of one or more members of the Board the authority to
grant or amend Awards and (b) to a committee of one or more members of the Board
or to one or more officers of the Company the authority to take administrative
actions pursuant to Article 12; provided that any delegation of authority shall
only be permitted to the extent it is permissible under Section 162(m) of the
Code, applicable securities laws, the rules of any applicable Securities
Exchange and any Company policy governing the grant of equity-based awards. Any
delegation hereunder shall be subject to the restrictions and limits that the
Board or Committee specifies at the time of such delegation, and the Board may
at any time rescind the authority so delegated or appoint a new delegate. At all
times, the delegatee appointed under this Section 12.6 shall serve in such
capacity at the pleasure of the Board and the Committee.
ARTICLE 13.
MISCELLANEOUS PROVISIONS
13.1    Amendment, Suspension or Termination of the Plan. Except as otherwise
provided in this Section 13.1, the Plan and any Award Agreement may be wholly or
partially amended or otherwise modified, suspended or terminated at any time or
from time to time by the Board or the Committee. However, without approval of
the Company’s stockholders, no action of the Committee may, except as provided
in Section 13.2, (i) increase the limits imposed in Section 3.1 on the maximum
number of Shares that may be issued under the Plan, (ii) take any action
described in Section 11.6 above, (iii) materially modify the requirements for
eligibility to participate in the Plan, (iv) materially increase the benefits
accruing to participants in the Plan, or (v) take any other action that requires
the approval of the Company’s stockholders under the rules of any applicable
Securities Exchange. Except as provided in Section 13.9, no amendment,
suspension or termination of the Plan shall, without the consent of the Holder,
adversely affect the rights of the Holder under any Award theretofore granted to
such Holder, unless the Award itself otherwise expressly so provides.
13.2    Changes in Common Stock or Assets of the Company, Acquisition or
Liquidation of the Company and Other Corporate Events.

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(a)    In the event of any stock dividend, stock split, combination or exchange
of shares, merger, consolidation or other distribution (other than normal cash
dividends) of Company assets to stockholders, or any other change affecting the
Shares or the Share price other than an Equity Restructuring, the Committee
shall make equitable adjustments, if any, to reflect such change with respect to
(i) the aggregate number and kind of securities that may be issued under the
Plan (including, but not limited to, adjustments of the limitations in Section
3.1 on the maximum number and kind of securities that may be issued under the
Plan, adjustments of the Award Limit, and adjustments of the manner in which
securities subject to Full Value Awards will be counted); (ii) the number and
kind of securities (or other property) subject to outstanding Awards; (iii) the
terms and conditions of any outstanding Awards (including, without limitation,
any applicable performance targets or criteria with respect thereto); and (iv)
the grant or exercise price per share for any outstanding Awards under the Plan.
(b)    In the event of any transaction or event described in Section 13.2(a) or
any unusual or nonrecurring transactions or events affecting the Company, any
Affiliate of the Company, or the financial statements of the Company or any
Affiliate, or of changes in applicable laws, regulations or accounting
principles, the Committee, in its sole discretion, and on such terms and
conditions as it deems appropriate, either by the terms of the Award or by
action taken prior to the occurrence of such transaction or event and either
automatically or upon the Holder’s request, is hereby authorized to take any one
or more of the following actions whenever the Committee determines that such
action is appropriate in order to prevent dilution or enlargement of the
benefits or potential benefits intended to be made available under the Plan or
with respect to any Award under the Plan, to facilitate such transactions or
events or to give effect to such changes in laws, regulations or principles:
(i)    To provide for either (A) termination of any such Award in exchange for
an amount of cash, if any, equal to the amount that would have been attained
upon the exercise of such Award or realization of the Holder’s rights (and, for
the avoidance of doubt, if as of the date of the occurrence of the transaction
or event described in this Section 13.2 the Committee determines in good faith
that no amount would have been attained upon the exercise of such Award or
realization of the Holder’s rights, then such Award may be terminated by the
Company without payment) or (B) the replacement of such Award with other rights
or property selected by the Committee in its sole discretion having an aggregate
value not exceeding the amount that could have been attained upon the exercise
of such Award or realization of the Holder’s rights had such Award been
currently exercisable or payable or fully vested;
(ii)    To provide that such Award be assumed by the successor or survivor
corporation, or a parent or subsidiary thereof, or shall be substituted for by
similar options, rights or awards covering the stock of the successor or
survivor corporation, or a parent or subsidiary thereof, with appropriate
adjustments as to the number and kind of shares and prices;
(iii)    To make adjustments in the number and type of securities (or other
property) subject to outstanding Awards, and in the number and kind of
outstanding Restricted Stock and/or in the terms and conditions of (including
the grant or exercise price), and the criteria included in, outstanding Awards
and Awards which may be granted in the future;

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(iv)    To provide that such Award shall be exercisable or payable or fully
vested with respect to all Shares covered thereby, notwithstanding anything to
the contrary in the Plan or the applicable Program or Award Agreement; and/or
(v)    To provide that the Award cannot vest, be exercised or become payable
after such event.
(c)    In connection with the occurrence of any Equity Restructuring, and
notwithstanding anything to the contrary in Sections 13.2(a) and 13.2(b):
(i)    The number and type of securities subject to each outstanding Award and
the exercise price or grant price thereof, if applicable, shall be equitably
adjusted; and/or
(ii)    The number and kind of securities that may be issued under the Plan
pursuant to new Awards shall be equitably adjusted.
d)    The Committee may, in its sole discretion, include such further provisions
and limitations in any Award, Program, Award Agreement or certificate or
book-entry evidencing Shares, as it may deem equitable and in the best interests
of the Company that are not inconsistent with the provisions of the Plan.
(e)    No adjustment or action described in this Section 13.2 or in any other
provision of the Plan, any applicable Program or the Award Agreement shall be
authorized to the extent that such adjustment or action would cause such Award
to violate the requirements of Section 409A of the Code. With respect to any
Award which is granted to a Covered Employee and is intended to qualify as
Performance-Based Compensation, no adjustment or action described in this
Section 13.2 or in any other provision of the Plan, any applicable Program or
the Award Agreement shall be authorized to the extent that such adjustment or
action would cause such Award to fail to so qualify as Performance-Based
Compensation, unless the Committee determines that the Award should not so
qualify. No adjustment or action described in this Section 13.2 or in any other
provision of the Plan shall be authorized to the extent that such adjustment or
action would cause the Plan to violate Section 422(b)(1) of the Code, unless the
Committee determines that Options granted under the Plan are not to qualify as
“incentive stock options”. Furthermore, no such adjustment or action shall be
authorized to the extent such adjustment or action could result in short-swing
profits liability under Section 16 or violate the exemptive conditions of Rule
16b-3 unless the Committee determines that the Award is not to comply with such
exemptive conditions.
(f)    The existence of the Plan, any Program, any Award Agreement and any
Awards granted hereunder shall not affect or restrict in any way the right or
power of the Company or the stockholders of the Company to make or authorize any
adjustment, recapitalization, reorganization or other change in the Company’s
capital structure or its business, any merger or consolidation of the Company,
any issue of stock or of options, warrants or rights to purchase stock or of
bonds, debentures, preferred or prior preference stocks whose rights are
superior to or affect the Common Stock or the rights thereof or which are
convertible into or exchangeable for Common Stock, or the dissolution or
liquidation of the Company, or

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any sale or transfer of all or any part of its assets or business, or any other
corporate act or proceeding, whether of a similar character or otherwise.
(g)    In the event of any pending stock dividend, stock split, combination or
exchange of shares, merger, consolidation or other distribution (other than
normal cash dividends) of Company assets to stockholders, or any other change
affecting the Shares or the Share price, including any Equity Restructuring, for
reasons of administrative convenience, the Company in its sole discretion may
refuse to permit the exercise of any Award during a period of thirty (30) days
prior to the consummation of any such transaction.
(h)    Without limiting the generality of the foregoing, the vesting of an Award
will not automatically accelerate upon the occurrence of a Change of Ownership;
provided, however, the Committee may determine that upon the occurrence of a
Change of Ownership, (i) the acquirer or surviving entity shall be required to
assume an Award or substitute a comparable award with respect to the equity of
the acquirer or surviving entity, (ii) the vesting of all or any portion of the
Award will accelerate to the time immediately prior to the consummation of the
Change of Ownership, or, in the case of an Option or Stock Appreciation Right,
all or any portion of the Award shall become immediately exercisable so that the
Holder will have the opportunity to exercise the Award (or portion thereof)
immediately prior to consummation of the Change of Ownership, and/or (iii) all
or any portion of the Award, including any unvested portion should the Committee
so determine, shall be purchased for (x) in the case of an Option or Stock
Appreciation Right, cash in an amount equal to the excess of the aggregate Fair
Market Value of the Shares subject to the Award to be purchased over the
aggregate exercise price for such Shares, net of tax withholding, and (y) in the
case of any other Award, such consideration as the Committee may in good faith
determine to be equitable under the circumstances; provided, further, that any
determination of the Committee in this regard shall comply with Sections 409A
and 424 of the Code.
13.3    No Stockholder Rights. Except as otherwise provided herein, a Holder
shall have none of the rights of a stockholder with respect to Shares subject to
any Award until the Holder becomes the record owner of such Shares.
13.4    Paperless Administration. In the event that the Company Stock
Administrator establishes, for the Company or using the services of a third
party, an automated system for the documentation, granting or exercise of
Awards, such as a system using an internet website or interactive voice
response, then the paperless documentation, granting or exercise of Awards by a
Holder may be permitted through the use of such an automated system.
13.5    Effect of Plan upon Other Compensation Plans. The adoption of the Plan
shall not affect any other compensation or incentive plans in effect for the
Company or any Affiliate, except as described in Section 3.1(a) above with
respect to the Company’s 2010 Equity Incentive Plan. Nothing in the Plan shall
be construed to limit the right of the Company or any Affiliate: (a) to
establish any other forms of incentives or compensation for Employees, Directors
or Consultants of the Company or any Affiliate, or (b) to grant or assume
options or other rights or awards otherwise than under the Plan in connection
with any proper corporate purpose including without limitation, the grant or
assumption of options in connection with the acquisition by

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purchase, lease, merger, consolidation or otherwise, of the business, stock or
assets of any corporation, partnership, limited liability company, firm or
association.
13.6    Compliance with Laws. The Plan, the granting and vesting of Awards under
the Plan and the issuance and delivery of Shares and the payment of money under
the Plan or under Awards granted or awarded under the Plan are subject to
compliance with all applicable laws and regulations, the rules of any Securities
Exchange, and to such approvals by any listing, regulatory or governmental
authority as may, in the opinion of counsel for the Company, be necessary or
advisable in connection therewith. Any securities delivered under the Plan shall
be subject to such restrictions, and the person acquiring such securities shall,
if requested by the Company, provide such assurances and representations to the
Company as the Company may deem necessary or desirable to assure compliance with
all applicable legal requirements. To the extent permitted by applicable law,
the Plan, any Program and any Awards granted or awarded hereunder shall be
deemed amended to the extent necessary to conform to such laws, rules and
regulations.
13.7    Titles and Headings, References to Sections of the Code, the Securities
Act or Exchange Act. The titles and headings of the Sections in the Plan are for
convenience of reference only and, in the event of any conflict, the text of the
Plan, rather than such titles or headings, shall control. References to sections
of the Code, the Securities Act or the Exchange Act shall include any amendment
or successor thereto.
13.8    Governing Law. The Plan, any Program and any agreements hereunder shall
be administered, interpreted and enforced under the internal laws of the State
of Delaware without regard to conflicts of laws thereof.
13.9    Section 409A.
(a)    To the extent that the Committee determines that any Award granted under
the Plan is subject to Section 409A of the Code, the Program pursuant to which
such Award is granted and the Award Agreement evidencing such Award shall
incorporate the terms and conditions required by Section 409A of the Code. To
the extent applicable, the Plan, the Program and any Award Agreements shall be
interpreted in accordance with Section 409A of the Code. Notwithstanding any
provision of the Plan or the applicable Program or Award Agreement to the
contrary, in the event that following the Original Effective Date the Committee
determines that any Award may be subject to Section 409A of the Code, the
Committee may adopt such amendments to the Plan and the applicable Program and
Award Agreement or adopt other policies and procedures (including amendments,
policies and procedures with retroactive effect), or take any other actions,
that the Administrator determines are necessary or appropriate to (i) exempt the
Award from Section 409A of the Code and/or preserve the intended tax treatment
of the benefits provided with respect to the Award, or (ii) comply with the
requirements of Section 409A of the Code and related Department of Treasury
guidance and thereby avoid the application of any penalty taxes under such
Section.
(b)    If, at the time of a Holder’s “separation from service” (within the
meaning of Section 409A of the Code), (i) such Holder is a “specified employee”
(within the meaning of Section 409A of the Code as determined annually by the
Committee in accordance with the

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methodology specified by resolution of the Board or the Committee and in
accordance with Section 1.409A-1(i) of the Treasury Regulations) and (ii) the
Committee shall make a good-faith determination that an amount payable pursuant
to an Option or Award constitutes “deferred compensation” (within the meaning of
Section 409A of the Code) the payment of which is required to be delayed
pursuant to the six-month delay rule set forth in Section 409A of the Code in
order to preserve the tax treatment intended for such payment or to avoid
additional tax, interest, or penalties under Section 409A of the Code, then the
Company shall not pay such amount on the otherwise scheduled payment date but
shall instead pay it on the first business day after such six-month period. Such
amount shall be paid without interest, unless otherwise determined by the
Committee, in its sole discretion, or as otherwise provided in any applicable
agreement between the Company and the relevant Holder.
(c)    The Holder shall be solely responsible and liable for the satisfaction of
all taxes, interest, and penalties that may be imposed on such Holder or for
such Holder’s account in connection with any Award (including any taxes,
interest, and penalties under Section 409A of the Code), and neither the Company
nor its Affiliates shall have any obligation to reimburse, indemnify or
otherwise hold such Holder harmless from any or all of such taxes, interest, or
penalties.
13.10    No Rights to Awards. No Eligible Individual or other person shall have
any claim to be granted any Award pursuant to the Plan, and neither the Company
nor the Committee is obligated to treat Eligible Individuals, Holders or any
other persons uniformly.
13.11    Unfunded Status of Awards. The Plan is intended to be an “unfunded”
plan for incentive compensation. With respect to any payments not yet made to a
Holder pursuant to an Award, nothing contained in the Plan or any Program or
Award Agreement shall give the Holder any rights that are greater than those of
a general creditor of the Company or any Affiliate.
13.12    Indemnification. To the extent allowable pursuant to applicable law,
each member of the Committee or of the Board shall be indemnified and held
harmless by the Company from any loss, cost, liability, or expense that may be
imposed upon or reasonably incurred by such member in connection with or
resulting from any claim, action, suit, or proceeding to which he or she may be
a party or in which he or she may be involved by reason of any action or failure
to act pursuant to the Plan and against and from any and all amounts paid by him
or her in satisfaction of judgment in such action, suit, or proceeding against
him or her. The foregoing right of indemnification shall not be exclusive of any
other rights of indemnification to which such persons may be entitled pursuant
to the Company’s Certificate of Incorporation or Bylaws, as a matter of law, or
otherwise, or any power that the Company may have to indemnify them or hold them
harmless.
13.13    Term. The ability to grant new awards under this Plan shall terminate
on the tenth (10th) anniversary of the Amended Effective Date.
# # #

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