Exhibit 10.42
 
 
UniTek Deferred Compensation Plans
 
UniTek Acquisition, Inc., a Delaware corporation (the “Company”), hereby
establishes this UniTek Deferred Compensation Plan (the “Plan”), effective
January 1, 2011 (the “Effective Date”), for the purpose of attracting high
quality executives and Directors for the Company and its Affiliated Entities (as
defined below), and promoting in them increased efficiency and an interest in
the successful operation of the Company and its Affiliated Entities.  The Plan
is intended to, and shall be interpreted to comply in all respects with Code
Section 409A.  The Company intends that the Plan shall at all times be
maintained on an unfunded basis for federal income tax purposes under the Code
and the portion of the Plan applicable to the select group of “management or
highly compensated employees” shall be administered as a nonqualified “top-hat”
plan exempt from the substantive requirements of ERISA.  The Company intends
that the portion of the Plan applicable to Directors shall not be subject to
ERISA.
 
ARTICLE I
TITLE AND DEFINITIONS
 
1.1 “Account” or “Accounts” shall mean the bookkeeping account or accounts
established under this Plan pursuant to Article 4.
 
1.2 “Affiliated Entity” shall mean (i) any corporation or limited liability
company, other than the UniTek Acquisition, Inc., in an unbroken chain of
corporations or limited liability companies ending with the UniTek Acquisition,
Inc., if each corporation or limited liability company owns stock or membership
interests (as applicable) possessing more than fifty percent (50%) of the total
combined voting power of all classes of stock in one of the other corporations
or limited liability companies in such chain; (ii) any corporation, trade or
business (including, without limitation, a partnership or limited liability
company) which is more than fifty percent (50%) controlled (whether by ownership
of stock, assets or an equivalent ownership interest or voting interest) by the
UniTek Acquisition, Inc. or another Affiliated Entity; or (iii) any other
entity, approved by the Board as an Affiliated Entity under the Plan, in which
the UniTek Acquisition, Inc. or any other Affiliated Entity has a material
equity interest.
 
1.3 “Base Salary” shall mean a Participant’s annual base salary, excluding
incentive and discretionary bonuses, commissions, reimbursements and other
non-regular remuneration, received from the Employer prior to reduction for any
salary deferrals under benefit plans sponsored by the Employer, including but
not limited to, plans established pursuant to Code Section 125 or qualified
pursuant to Code Section 401(k).
 
1.4 “Beneficiary” or “Beneficiaries” shall mean the person, persons or entity
designated as such pursuant to Section 7.1.

1.5 “Board” shall mean the Board of Directors of UniTek Acquisition, Inc.,
unless a different Board of Directors of an Affiliated Entity is expressly
referenced in this Plan.

 
 

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1.6 “Bonus(es)” shall mean amounts paid to the Participant by the Employer
annually in the form of discretionary or incentive compensation or any other
bonus designated by the Committee before reductions for contributions to or
deferrals under any pension, deferred compensation or benefit plans sponsored by
the Employer.

1.7 “Change-In-Control” shall have the meaning set forth in the Berliner
Communications, Inc. 2009 Omnibus Equity and Incentive Compensation Plan;
provided, however that any such reference in the definition to the “Company”
shall mean UniTek Global Services, Inc.  Notwithstanding the foregoing, no
distributions shall be made upon a Change in Control as set forth in Section 6.6
unless the Change in Control is permitted change of control event as defined
under Code Section 409A.
 
1.8 “Code” shall mean the Internal Revenue Code of 1986, as amended, as
interpreted by Treasury regulations and applicable authorities promulgated
thereunder.
 
1.9 “Committee” shall mean the person or persons appointed by the Board to
administer the Plan in accordance with Article 8.
 
1.10 “Company” means the UniTek Acquisition, Inc.
 
1.11  “Company Contributions” shall mean the contributions made by the Company
pursuant to Section 3.2.
 
1.12 “Company Contribution Account” shall mean the Account maintained for the
benefit of the Participant which is credited with Company Contributions, if any,
pursuant to Section 4.2.
 
1.13 “Compensation” shall mean all amounts eligible for deferral for a
particular Plan Year under Section 3.1(a).
 
1.14 “Crediting Rate” shall mean the notional gains and losses credited on the
Participant’s Account balance which are based on the Participant’s choice among
the investment alternatives made available by the Committee pursuant to Section
3.3 of the Plan.
 
1.15 “Deferral Account” shall mean the Account maintained for each Participant
which is credited with Participant deferrals pursuant to Section 4.1
 
1.16 “Director” shall mean a member of the Board of Directors of UniTek Global
Services Inc.
 
1.17 “Directors Fees” shall mean compensation for services as a member of the
Board of Directors of the UniTek Global Services, Inc. excluding reimbursement
of expenses or other non-regular forms of compensation, before reductions for
contributions to or deferrals under any deferred compensation plan sponsored by
the Company or any Affiliated Entity
 
1.18 “Disability” shall mean (consistent with the requirements of Section 409A)
that the Participant (i) is unable to engage in any substantial gainful activity
by reason of any medically determinable physical or mental impairment which can
be expected to result in death or can be expected to last for a continuous
period of not less than 12 months, or (ii) is, by reason of any medically
determinable physical or mental impairment which can be expected to result in
death or can be expected to last for a continuous period of not less than 12
months, receiving income replacement benefits for a period of not less than
three months under an accident and health plan covering employees of the
Employer. The Committee may require that the Participant submit evidence of such
qualification for disability benefits in order to determine that the Participant
is disabled under this Plan.
 
 
 

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1.19 “Distributable Amount” shall mean the vested balance in the applicable
Account as determined under Article 4.
 
1.20 “Eligible Executive” shall mean a highly compensated or management level
employee of any Employer selected by the Committee to be eligible to participate
in the Plan
 
1.21 “Employer” shall mean the Company, each Affiliated Entity listed on the
attached Appendix A and any other Affiliated Entity which the Board authorizes
to adopt the Plan for the benefit of its Eligible Executives or Directors and
whose designation as such has become effective upon acceptance of such status by
the board of directors of the relevant Affiliated Entity.  The duties and
obligations of the Employer as they relate to a particular Participant shall
refer to the then specific Employer of that Participant and such duties and
obligations shall not be imposed on any other entity.
 
1.22 “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as
amended, including Department of Labor and Treasury regulations and applicable
authorities promulgated thereunder.
 
1.23 “Financial Hardship” shall mean a severe financial hardship to the
Participant resulting from an illness or accident of the Participant, the
Participant’s spouse, or a dependent (as defined in Code Section 152(a)) of the
Participant, loss of the Participant’s property due to casualty, or other
similar extraordinary and unforeseeable circumstances arising as a result of
events beyond the control of the Participant, (but shall in all events
correspond to the meaning of the term “unforeseeable emergency” under Code
Section 409A(a)(2)(v)).
 
1.24 “Fund” or “Funds” shall mean one or more of the investment funds selected
by the Committee pursuant to Section 3.3 of the Plan.
 
1.25 “Hardship Distribution” shall mean an accelerated distribution of benefits
or a reduction or cessation of current deferrals pursuant to Section 6.5 to a
Participant who has suffered a Financial Hardship.
 
1.26 “Interest Rate” shall mean, for each Fund, an amount equal to the net gain
or loss on the assets of such Fund during each month, as determined by the
Committee.
 
1.27 “Participant” shall mean any Eligible Executive or Director who becomes a
Participant in this Plan in accordance with Article 2.
 
1.28 “Participant Election(s)” shall mean the forms or procedures by which a
Participant makes elections with respect to (1) voluntary deferrals of his/her
Compensation, (2) the investment Funds which shall act as the basis for
crediting of interest on Account balances, and (3) the form and timing of
distributions from Accounts.  Participant Elections may take the form of an
electronic communication followed by appropriate confirmation according to
specifications established by the Committee.
 
 
 

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1.29 “Payment Date” shall mean the date by which a lump sum payment shall be
made or the date by which installment payments shall commence.  Unless otherwise
specified, the Payment Date shall be the last day of the sixth (6th) month
commencing after the event triggering the payout occurs. Subsequent installments
shall be made in March of each succeeding Plan Year.  In the case of death, the
Committee shall be provided with documentation reasonably necessary to establish
the fact of the Participant’s death.  The Payment Date of a Scheduled
Distribution be shall March of the Plan Year in which the distribution is
scheduled to commence.  Notwithstanding the foregoing, the Payment Date shall
not be before the earliest date on which benefits may be distributed under Code
Section 409A without violation of the provisions thereof as reasonably
determined by the Committee.
 
1.30 “Plan Year” shall mean the calendar year except that the first Plan Year
shall begin on the Effective Date and end on the last day of the calendar year
in which the Effective Date occurs.
 
1.31 “Retirement” shall mean Termination of Service after having attained age
fifty-five (55) and completed at least five (5) Years of Service.
 
1.32 “Scheduled Distribution” shall mean a scheduled distribution date elected
by the Participant for distribution of amounts from a specified Deferral
Account, including notional earnings thereon, as provided under Section 6.4.
 
1.33 “Termination of Service” shall mean the date of the cessation of the
Participant’s provision of services to the Employer as defined under Code
Section 409A for any reason whatsoever, whether voluntary or involuntary,
including as a result of the Participant’s Retirement, death or Disability.
 
1.34 “Years of Service” shall mean the cumulative consecutive years of
continuous full-time employment with any Employer (including approved leaves of
absence of six months or less or legally protected leaves of absence), beginning
on the date the Participant first began service with an Employer, and counting
each anniversary thereof of service with any Employer.
 
ARTICLE II
PARTICIPATION
 
An Eligible Executive or Director shall become a Participant in the Plan by
completing and submitting to the Committee the appropriate Participant
Elections, including such other documentation and information as the Committee
may reasonably request, during the enrollment period established by the
Committee prior to the beginning of the first Plan Year in which the Eligible
Executive or Director shall be eligible to participate in the Plan.
 
 
 

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ARTICLE III
CONTRIBUTIONS & DEFERRAL ELECTIONS
 
3.1 Elections to Defer Compensation.
 
(a) Form of Elections.  A Participant may only elect to defer Compensation
attributable to services provided after the time an election is made.  Elections
shall take the form of a flat dollar amount or a whole percentage (less
applicable payroll withholding requirements for Social Security and income taxes
and employee benefit plans as determined in the sole and absolute discretion of
the Committee) of up to
 
(1) 80% of Base Salary,
 
(2) 100% of Bonuses,
 
(3) 100% of Director’s Fees
 
(b) Duration of Compensation Deferral Election.  A Participant’s initial
election to defer Compensation shall be made during the enrollment period
established by the Committee prior to the Effective Date of the Participant’s
commencement of participation in the Plan and shall apply only to Compensation
for services performed after such deferral election is processed.  A Participant
may increase, decrease, terminate or recommence a deferral election with respect
to Compensation for any subsequent Plan Year by filing a Participant Election
during the enrollment period established by the Committee prior to the beginning
of such Plan Year, which election shall be effective on the first day of the
next following Plan Year.  In the absence of an affirmative election by the
Participant to the contrary, the deferral election for the prior Plan Year shall
continue in effect for future Plan Years.  After the beginning of the Plan Year,
deferral elections with respect to Compensation for services performed during
such Plan Year shall be irrevocable except in the event of Financial Hardship.
 
3.2 Company Contributions.
 
(a) Discretionary Company Contributions.  The Company shall have the discretion
to make Company Contributions to the Plan at any time on behalf of any
Participant.  Company Contributions shall be made in the complete and sole
discretion of the Company and no Participant shall have the right to receive any
Company Contribution in any particular Plan Year regardless of whether Company
Contributions are made on behalf of other Participants.
 
3.3 Investment Elections.
 
(a) Participant Direction. At the time of entering the Plan and/or of making the
deferral election under the Plan, the Participant shall designate, on a
Participant Election provided by the Committee, the investment Funds in which
the Participant’s Account or Accounts shall be deemed to be invested for
purposes of determining the amount of earnings and losses to be credited to each
Account.  The Participant may specify that all or any percentage of his or her
Account or Accounts shall be deemed to be invested, in whole percentage
increments, in one or more of the types of investment Funds selected as
alternative investments under the Plan from time to time by the Committee
pursuant to subsection (b) of this Section. A Participant may change the
designation made under this Section at least monthly by filing a revised
election, on a Participant Election provided by the Committee.  During payout,
the Participant’s Account shall continue to be credited at the Crediting Rate
selected by the Participant from among the investment alternatives or rates made
available by the Committee for such purpose until all amounts have been
distributed from the Account. If a Participant fails to make an investment
election under this Section for a particular Account, such Account shall be
invested in the default investment Fund selected by the Committee for such
purpose.
 
 
 

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(b) Investment Alternatives. Prior to the beginning of each Plan Year, the
Committee shall select, in its sole and absolute discretion, commercially
available investment Funds for the applicable Plan Year and shall communicate
each of the alternative types of investment Funds to the Participant pursuant to
subsection (a) of this Section.  The Interest Rate of each such commercially
available investment fund shall be used to determine the amount of earnings or
losses to be credited to Participant’s Account under Article IV.  The
Participant’s choice among investments shall be solely for purposes of
calculation of the Crediting Rate on Accounts.  The Company shall have no
obligation to set aside or invest amounts as directed by the Participant and, if
the Company elects to invest amounts as directed by the Participant, the
Participant shall have no more right to such investments than any other
unsecured general creditor.
 
3.4 Distribution Elections.
 
(a) Initial Election.  At the time of making a deferral election under the Plan,
the Participant shall designate the time and form of distribution of deferrals
made pursuant to such election (together with any earnings credited thereon)
from among the alternatives specified in Section 6.1 or 6.2.
 
(b) Modification of Election.  A new distribution election may be made at the
time of subsequent deferral elections with respect to deferrals in Plan Years
beginning after the election is made.  However, a distribution election with
respect to previously deferred amounts may only be changed under the terms and
conditions specified in Code Section 409A.  Except as expressly provided in
Section 6.3, no acceleration of a distribution is permitted.  A subsequent
election that delays payment or changes the form of payment shall be permitted
if and only if all of the following requirements are met:
 
(1) the new election does not take effect until at least twelve (12) months
after the date on which the new election is made;
 
(2) in the case of payments made on account of Termination of Service or a
Scheduled Distribution, the new election delays payment for at least five (5)
years from the date that payment would otherwise have been made, absent the new
election; and
 
(3) in the case of payments made according to a Scheduled Distribution, the new
election is made not less than twelve (12) months before the date on which
payment would have been made (or, in the case of installment payments, the first
installment payment would have been made) absent the new election.
 
 
 

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For purposes of application of the above change limitations, installment
payments shall be treated as a single payment and only one change shall be
allowed to be made by a Participant with respect to form of benefits to be
received by such Participant upon Retirement.  Election changes made pursuant to
this Section shall be made in accordance with rules established by the
Committee, and shall comply with all requirement of Code Section 409A and
applicable authorities.
 
ARTICLE IV
DEFERRAL ACCOUNTS
 
4.1 Deferral Accounts.  The Committee shall establish and maintain one Deferral
Account for each Participant under the Plan.  Each Participant’s Deferral
Account shall be further divided into separate subaccounts (“investment fund
subaccounts”), each of which corresponds to an investment Fund elected by the
Participant pursuant to Section 3.2.  A Participant’s Deferral Account shall be
credited as follows:
 
(a) On or before the fifth (5th) business day after amounts are withheld and
deferred from a Participant’s Compensation, the Committee shall credit the
investment fund subaccounts of the Participant’s Deferral Account with an amount
equal to Compensation deferred by the Participant in accordance with the
Participant’s election under Section 3.2; that is, the portion of the
Participant’s deferred Compensation that the Participant has elected to be
deemed to be invested in a certain type of investment Fund shall be credited to
the investment fund subaccount to be invested in that Fund;
 
(b) Each business day following the business date such Compensation is credited
to the Participant’s Deferral Account, each investment fund subaccount of a
Participant’s Deferral Account shall be credited with earnings or losses in an
amount equal to that determined by multiplying the balance credited to such
investment fund subaccount as of the prior day, less any distributions valued as
of the end of the prior day, by the Interest Rate for the corresponding Fund as
determined by the Company pursuant to Section 3.2(b); and
 
(c) In the event that a Participant elects for a given Plan Year’s deferral of
Compensation a Scheduled Distribution, all amounts attributed to the deferral of
Compensation for such Plan Year shall be accounted for in a manner which allows
separate accounting for the deferral of Compensation and investment gains and
losses associated with amounts allocated to such each separate Scheduled
Distribution.
 
4.2 Company Contribution Account.  The Committee shall establish and maintain a
Company Contribution Account for each Participant under the Plan. Each
Participant’s Company Contribution Account shall be further divided into
separate investment fund subaccounts corresponding to the investment Fund
elected by the Participant pursuant to Section 3.2(a).  At the discretion of the
Committee, a Participant’s Company Contribution Account shall be credited as
follows:
 
(a) The Company shall credit the investment fund subaccounts of the
Participant’s Company Contribution Account at such times and in such amounts of
the Company Contributions, if any, made on behalf of that Participant, that is,
the proportion of the Company Contributions, if any; and
 
 
 

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(b) Each business day following the business date such Company Contribution is
credited to the Participant’s Company Contribution Account, each investment fund
subaccount of a Participant’s Company Contribution Account shall be credited
with earnings or losses in an amount equal to that determined by multiplying the
balance credited to such investment fund subaccount as of the prior day, less
any distributions valued as of the end of the prior day, by the Interest Rate
for the corresponding Fund as determined by the Company pursuant to Section
3.2(b).
 
4.3 Trust.  The Company shall be responsible for the payment of all benefits
under the Plan.  At its discretion, the Company may establish one or more
grantor trusts for the purpose of providing for payment of benefits under the
Plan.  Such trust or trusts may be irrevocable, but the assets thereof shall be
subject to the claims of the Company’s creditors.  Benefits paid to the
Participant from any such trust or trusts shall be considered paid by the
Company for purposes of meeting the obligations of the Company under the Plan.
 
4.4 Statement of Accounts.  The Committee shall provide each Participant with
electronic statements at least quarterly setting forth the Participant’s Account
balance as of the end of each calendar quarter.
 
ARTICLE V
VESTING
 
5.1 Vesting of Deferral Accounts.  The Participant shall be vested at all times
in amounts credited to the Participant’s Deferral Account or Accounts.
 
5.2 Vesting of Company Contributions Account.  Amount credited to the
Participant’s Company Contributions Account shall be vested based upon a
schedule to be established by the Company for each Participant.
 
In the event of Termination of Service as a result of Retirement, Disability,
death, or Change in Control, regardless of the Participant’s Years of Service,
the Participant’s Company Contribution Account shall be fully vested.
 
ARTICLE VI
DISTRIBUTIONS
 
6.1 Retirement Distributions.
 
(a) Timing and Form of Deferral Account Distributions.  Except as otherwise
provided herein, in the event of a Participant’s Retirement, the Distributable
Amount credited to the Participant’s Deferral Account shall be paid to the
Participant in a lump sum unless the Participant has made an alternative benefit
election on a timely basis pursuant to Section 3.3 to receive the Retirement
benefits in the form of a single lump sum or in substantially equal annual
installments over up to fifteen (15) years.
 
 
 

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(b) Small Benefit Exception.  If on commencement of benefits payable from an
Account the Distributable Amount from such Account is less than or equal to
twenty five thousand dollars ($25,000), the total Distributable Amount from such
Account shall be paid in the form of a single lump sum distribution on the
scheduled Payment Date.
 
6.2 Termination Distributions.  Except as provided in Section 6.4, in the event
of a Participant’s Termination of Service other than by reason of Retirement,
death or Disability, the Distributable Amount credited to the Participant
Deferral Account shall be paid in a single lump sum on the Payment Date
following Termination of Service.
 
6.3 Disability or Death Distributions.  In the event of the Disability or death
of the Participant, the Company shall pay to the Participant or the
Participant’s Beneficiary the Distributable Amount of such Account in a single
lump sum on the Payment Date following the Participant’s Disability or death.
 
6.4 Scheduled Distributions.
 
(a) Scheduled Distribution Election.  Participants shall be entitled to elect to
receive a Scheduled Distribution from the Deferral Account prior to Termination
of Service.  In the case of a Participant who has elected to receive a Scheduled
Distribution, such Participant shall receive the Distributable Amount, with
respect to the specified deferrals, including earnings thereon, which have been
elected by the Participant to be subject to such Scheduled Distribution election
in accordance with Section 3.3 of the Plan.  A Participant’s Scheduled
Distribution commencement date with respect to deferrals of Compensation for a
given Plan Year shall be no earlier than two (2) years from the last day of the
Plan Year in which the deferrals are credited to the Participant’s Account.  The
Participant may elect to receive the Scheduled Distribution in a single lump sum
or substantially equal annual installments over a period of up to five (5)
years. A Participant may delay and change the form of a Scheduled Distribution,
provided such extension complies with the requirements of Section 3.3.
 
(b) Small Benefit Exception.  If on commencement of benefits payable by reason
of a Schedule Distribution the total balance of the Scheduled Distributions is
less than or equal to ten thousand dollars ($10,000), the Scheduled Distribution
shall be paid in the form of a single lump sum distribution on the scheduled
commencement date.
 
(c) Termination of Service.  In the event of a Participant’s Termination of
Service prior to commencement of a Scheduled Distribution, the Scheduled
Distributions shall be distributed in the form applicable to such Termination of
Service under Sections 6.1, 6.2 or 6.3 above.  In the event of a Participant’s
Termination of Service for any reason after a Scheduled Distribution has
commenced installment payments, such Scheduled Distribution benefits shall
continue to be paid at the same time and in the same form as they would have
been paid to the Participant had the Participant not terminated service.
 
6.5 Hardship Distribution.  Upon a finding that the Participant (or, after the
Participant’s death, a Beneficiary) has suffered a Financial Hardship, subject
to compliance with Code Section 409A the Committee may, at the request of the
Participant or Beneficiary, accelerate distribution of benefits or approve
reduction or cessation of current deferrals under the Plan in the amount
reasonably necessary to alleviate such Financial Hardship subject to the
following conditions:
 
 
 

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(a) The request to take a Hardship Distribution shall be made by filing a form
provided by and filed with the Committee prior to the end of any calendar month.
 
(b) The amount distributed pursuant to this Section with respect to a Financial
Hardship shall not exceed the amount necessary to satisfy such financial
emergency plus amounts necessary to pay taxes reasonably anticipated as a result
of the distribution, after taking into account the extent to which such hardship
is or may be relieved through reimbursement or compensation by insurance or
otherwise or by liquidation of the Participant’s assets (to the extent the
liquidation of such assets would not itself cause severe financial hardship).
 
(c) The amount determined by the Committee as a Hardship Distribution shall be
paid in a single cash lump sum as soon as practicable after the end of the
calendar month in which the Hardship Distribution election is made and approved
by the Committee.
 
(d) Upon a finding that the Participant (or, after the Participant’s death, a
Beneficiary) has suffered a Financial Hardship, subject to Treasury Regulations
promulgated under Code Section 409A the Administrator may at the request of the
Participant, accelerate distribution of benefits or approve reduction or
cessation of current deferrals under the Plan in the amount reasonably necessary
to alleviate such Financial Hardship. The amount distributed pursuant to this
Section with respect to an emergency shall not exceed the amount necessary to
satisfy such emergency plus amounts necessary to pay taxes reasonably
anticipated as a result of the distribution, after taking into account the
extent to which such hardship is or may be relieved through reimbursement or
compensation by insurance or otherwise or by liquidation of the Participant’s
assets (to the extent the liquidation of such assets would not itself cause
severe financial hardship).
 
6.6 Change-In-Control.  In the event a Change-In-Control occurs before a
Participant’s Account has been fully distributed, the Participant shall receive
an amount equal to the balance of the Account, credited with notional earnings
as provided in Article 4, payable in the form of a single lump-sum distribution
on the last day of the fifteenth (15th) month commencing after the month in
which such Change-In-Control occurs, unless the Participant makes a timely
election pursuant to Section 3.4(b), during the first three (3) months following
such Change in Control, to delay commencement of a particular Account by a
minimum of five (5) years and to receive the benefits in January of a later Plan
Year, in the form of a single lump sum or over a period of up to fifteen (15)
years
 
ARTICLE VII
PAYEE DESIGNATIONS AND LIMITATIONS
 
7.1 Beneficiaries.
 
(a) Beneficiary Designation.  The Participant shall have the right, at any time,
to designate any person or persons as Beneficiary (both primary and contingent)
to whom payment under the Plan shall be made in the event of the Participant’s
death.  The Beneficiary designation shall be effective when it is submitted to
and acknowledged by the Committee during the Participant’s lifetime in the
format prescribed by the Committee.
 
 
 

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(b) Absence of Valid Designation.  If a Participant fails to designate a
Beneficiary as provided above, or if every person designated as Beneficiary
predeceases the Participant or dies prior to complete distribution of the
Participant’s benefits, then the Committee shall direct the distribution of such
benefits to the Participant’s estate.
 
7.2 Payments to Minors.  In the event any amount is payable under the Plan to a
minor, payment shall not be made to the minor, but instead be paid (a) to that
person’s living parent(s) to act as custodian, (b) if that person’s parents are
then divorced, and one parent is the sole custodial parent, to such custodial
parent, to act as custodian, or (c) if no parent of that person is then living,
to a custodian selected by the Committee to hold the funds for the minor under
the Uniform Transfers or Gifts to Minors Act in effect in the jurisdiction in
which the minor resides.  If no parent is living and the Committee decides not
to select another custodian to hold the funds for the minor, then payment shall
be made to the duly appointed and currently acting guardian of the estate for
the minor or, if no guardian of the estate for the minor is duly appointed and
currently acting within sixty (60) days after the date the amount becomes
payable, payment shall be deposited with the court having jurisdiction over the
estate of the minor.
 
7.3 Payments on Behalf of Persons Under Incapacity.  In the event that any
amount becomes payable under the Plan to a person who, in the sole judgment of
the Committee, is considered by reason of physical or mental condition to be
unable to give a valid receipt therefore, the Committee may direct that such
payment be made to any person found by the Committee, in its sole judgment, to
have assumed the care of such person.  Any payment made pursuant to such
determination shall constitute a full release and discharge of any and all
liability of the Committee and the Company and its Affiliated Entities under the
Plan.
 
7.4 Inability to Locate Payee.  In the event that the Committee is unable to
locate a Participant or Beneficiary within two years following the scheduled
Payment Date, the amount allocated to the Participant’s Deferral Account shall
be forfeited.  If, after such forfeiture, the Participant or Beneficiary later
claims such benefit, such benefit shall be reinstated without interest or
earnings.
 
ARTICLE VIII
ADMINISTRATION
 
(a) Committee. The Plan shall be administered by a Committee appointed by the
Board, which shall have the exclusive right and full discretion (i) to appoint
agents to act on its behalf, (ii) to select and establish Funds, (iii) to
interpret the Plan, (iv) to decide any and all matters arising hereunder
(including the right to remedy possible ambiguities, inconsistencies, or
admissions), (v) to make, amend and rescind such rules as it deems necessary for
the proper administration of the Plan and (vi) to make all other determinations
and resolve all questions of fact necessary or advisable for the administration
of the Plan, including determinations regarding eligibility for benefits payable
under the Plan.  All interpretations of the Committee with respect to any matter
hereunder shall be final, conclusive and binding on all persons affected
thereby.  No member of the Committee or agent thereof shall be liable for any
determination, decision, or action made in good faith with respect to the
Plan.  The Company will indemnify and hold harmless the members of the Committee
and its agents from and against any and all liabilities, costs, and expenses
incurred by such persons as a result of any act, or omission, in connection with
the performance of such persons’ duties, responsibilities, and obligations under
the Plan, other than such liabilities, costs, and expenses as may result from
the bad faith, willful misconduct, or criminal acts of such persons.
 
 
 

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8.2 Claims Procedure.  Any Participant, former Participant or Beneficiary may
file a written claim with the Committee setting forth the nature of the benefit
claimed, the amount thereof, and the basis for claiming entitlement to such
benefit.  The Committee shall determine the validity of the claim and
communicate a decision to the claimant promptly and, in any event, not later
than ninety (90) days after the date of the claim.  The claim may be deemed by
the claimant to have been denied for purposes of further review described below
in the event a decision is not furnished to the claimant within such ninety (90)
day period.  If additional information is necessary to make a determination on a
claim, the claimant shall be advised of the need for such additional information
within forty-five (45) days after the date of the claim.  The claimant shall
have up to one hundred eighty (180) days to supplement the claim information,
and the claimant shall be advised of the decision on the claim within forty-five
(45) days after the earlier of the date the supplemental information is supplied
or the end of the one hundred eighty (180) day period.  Every claim for benefits
which is denied shall be denied by written notice setting forth in a manner
calculated to be understood by the claimant (i) the specific reason or reasons
for the denial, (ii) specific reference to any provisions of the Plan (including
any internal rules, guidelines, protocols, criteria, etc.) on which the denial
is based, (iii) description of any additional material or information that is
necessary to process the claim, (iv) an explanation of the procedure for further
reviewing the denial of the claim and shall include an explanation of the
claimant’s right to submit the claim for binding arbitration in the event of an
adverse determination on review, (v) description of the claimant’s right to file
suit under section 502(a) of ERISA in the case of an adverse determination on
appeal.
 
8.3 Review Procedures.  Within sixty (60) days after the receipt of a denial on
a claim, a claimant or his/her authorized representative may file a written
request for review of such denial.  Such review shall be undertaken by the
Committee and shall be a full and fair review. The claimant shall have the right
to review all pertinent documents.  The Committee shall issue a decision not
later than sixty (60) days after receipt of a request for review from a claimant
unless special circumstances, such as the need to hold a hearing, require a
longer period of time, in which case a decision shall be rendered as soon as
possible but not later than one hundred twenty (120) days after receipt of the
claimant’s request for review.  The decision on review shall be in writing and
shall include specific reasons for the decision written in a manner calculated
to be understood by the claimant with specific reference to any provisions of
the Plan on which the decision is based and shall include an explanation of the
claimant’s right to submit the claim for binding arbitration in the event of an
adverse determination on review.
 
 
 

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ARTICLE IX
MISCELLANEOUS
 
9.1 Amendment or Termination of Plan.  The Company may, at any time, direct the
Committee to amend or terminate the Plan, except that no such amendment or
termination may reduce a Participant’s Account balances.  If the Company
terminates the Plan, no further amounts shall be deferred hereunder, and amounts
previously deferred or contributed to the Plan shall be fully vested and shall
be paid in accordance with the provisions of the Plan as scheduled prior to the
Plan termination.  Notwithstanding the forgoing, to the extent permitted under
Code Section 409A and applicable authorities, the Company may, in its complete
and sole discretion, accelerate distributions under the Plan in the event of a
“change in ownership” or “effective control” of the Company or a “change in
ownership of a substantial portion of assets” or under such other terms and
conditions as may be specifically authorized under Code Section 409A and
applicable authorities.
 
9.2 Unsecured General Creditor. The benefits paid under the Plan shall be paid
from the general funds of the Company, and the Participant and any Beneficiary
or their heirs or successors shall be no more than unsecured general creditors
of the Company with no special or prior right to any assets of the Company or
any Affiliated Entity for payment of any obligations hereunder. It is the
intention of the Company that this Plan be unfunded for purposes of ERISA and
the Code.
 
9.3 Restriction Against Assignment. The Company shall pay all amounts payable
hereunder only to the person or persons designated by the Plan and not to any
other person or entity.  No part of a Participant’s Accounts shall be liable for
the debts, contracts, or engagements of any Participant, Beneficiary, or their
successors in interest, nor shall a Participant’s Accounts be subject to
execution by levy, attachment, or garnishment or by any other legal or equitable
proceeding, nor shall any such person have any right to alienate, anticipate,
sell, transfer, commute, pledge, encumber, or assign any benefits or payments
hereunder in any manner whatsoever.  No part of a Participant’s Accounts shall
be subject to any right of offset against or reduction for any amount payable by
the Participant or Beneficiary, whether to the Company, any Affiliated Entity,
or any other party, under any arrangement other than under the terms of this
Plan.
 
9.4 Withholding. The Participant shall make appropriate arrangements with the
Employer for satisfaction of any federal, state or local income tax withholding
requirements, Social Security and other employee tax or other requirements
applicable to the granting, crediting, vesting or payment of benefits under the
Plan.  There shall be deducted from each payment made under the Plan or any
other Compensation payable to the Participant (or Beneficiary) all taxes which
are required to be withheld by the Employer in respect to such payment or this
Plan.  The Employer shall have the right to reduce any payment (or other
Compensation) by the amount of cash sufficient to provide the amount of said
taxes.
 
9.5 Receipt or Release.  Any payment made in good faith to a Participant or the
Participant’s Beneficiary shall, to the extent thereof, be in full satisfaction
of all claims against the Committee, its members and the Company and its
Affiliated Entities.  The Committee may require such Participant or Beneficiary,
as a condition precedent to such payment, to execute a receipt and release to
such effect.
 
 
 

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9.6 Errors in Account Statements, Deferrals or Distributions.  In the event an
error is made in an Account statement, such error shall be corrected on the next
statement following the date such error is discovered.  In the event of an error
in deferral amount, consistent with and as permitted by any correction
procedures established under Code Section 409A, the error shall be corrected
immediately upon discovery by, in the case of an excess deferral, distribution
of the excess amount to the Participant, or, in the case of an under deferral,
reduction of other compensation payable to the Participant.  In the event of an
error in a distribution, the over or under payment shall be corrected by payment
to or collection from the Participant consistent with any correction procedures
established under Code Section 409A, immediately upon the discovery of such
error. In the event of an overpayment, the Employer may, at its discretion,
offset other amounts payable to the Participant from the Employer (including but
not limited to salary, bonuses, expense reimbursements, severance benefits or
other employee compensation benefit arrangements, as allowed by law and subject
to compliance with Code Section 409A) to recoup the amount of such
overpayment(s).
 
9.7 Employment Not Guaranteed.  Nothing contained in the Plan nor any action
taken hereunder shall be construed as a contract of employment or as giving any
Participant any right to continue the provision of services in any capacity
whatsoever to the Company and its Affiliated Entities.
 
9.8 Successors of the Company.  The rights and obligations of the Company under
the Plan shall inure to the benefit of, and shall be binding upon, the
successors and assigns of the Company and its Affiliated Entities.
 
9.9 Notice.  Any notice or filing required or permitted to be given to the
Company, the Employer or the Participant under this Agreement shall be
sufficient if in writing and hand-delivered, or sent by registered or certified
mail, in the case of the Company or the Employer, to the principal office of the
Company or the Employer, as applicable, directed to the attention of the
Committee, and in the case of the Participant, to the last known address of the
Participant indicated on the employment records of the Employer.  Such notice
shall be deemed given as of the date of delivery or, if delivery is made by
mail, as of the date shown on the postmark on the receipt for registration or
certification.  Notices to the Company or the Employer may be permitted by
electronic communication according to specifications established by the
Committee.
 
9.10 Headings.  Headings and subheadings in this Plan are inserted for
convenience of reference only and are not to be considered in the construction
of the provisions hereof.
 
9.11 Gender, Singular and Plural.  All pronouns and any variations thereof shall
be deemed to refer to the masculine, feminine, or neuter, as the identity of the
person or persons may require.  As the context may require, the singular may be
read as the plural and the plural as the singular.
 
9.12 Governing Law.  The Plan is intended to be an unfunded plan maintained
primarily to provide deferred compensation benefits for a select group of
“management or highly compensated employees” within the meaning of Sections 201,
301 and 401 of ERISA and therefore to be exempt from Parts 2, 3 and 4 of Title I
of ERISA.  In the event any provision of, or legal issue relating to, this Plan
is not fully preempted by federal law, such issue or provision shall be governed
by the laws of the Commonwealth of Pennsylvania.
 
 
 

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9.13 Binding Arbitration.  Any claim, dispute or other matter in question of any
kind relating to this Plan which is not resolved by the claims procedures under
this Plan shall be settled by arbitration in accordance with the applicable
employment dispute resolution rules of the American Arbitration
Association.  Notice of demand for arbitration shall be made in writing to the
opposing party and to the American Arbitration Association within a reasonable
time after the claim, dispute or other matter in question has arisen.  In no
event shall a demand for arbitration be made after the date when the applicable
statute of limitations would bar the institution of a legal or equitable
proceeding based on such claim, dispute or other matter in question.  The
decision of the arbitrators shall be final and may be enforced in any court of
competent jurisdiction.  The arbitrators may award reasonable fees and expenses
to the prevailing party in any dispute hereunder and shall award reasonable fees
and expenses in the event that the arbitrators find that the losing party acted
in bad faith or with intent to harass, hinder or delay the prevailing party in
the exercise of its rights in connection with the matter under dispute.
 
IN WITNESS WHEREOF, the Board of Directors of the Company has approved the
adoption of this Plan as of the Effective Date and has caused the Plan to be
executed by its duly authorized representative this ______ day of December,
2010.
 
 
 

  UniTek Acquisition, Inc.

    By      Title   

 
 
 

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APPENDIX A
AFFILIATED ENTITIES THAT ARE “EMPLOYERS” UNDER PLAN
 

 
UniTek USA, LLC
 
BCI Communications, Inc.
 
Nex-Link USA Communications, Inc. (CA corp.)
 
Advanced Communications USA, LLC
 
DirectSat USA, LLC
 
Wirecomm Systems (2008), Inc.
 
UniTek Canada, Inc.
 
FTS USA, LLC
 
WTW USA, LLC
 

 
 

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UniTek Deferred Compensation Plan
 
CORPORATE RESOLUTIONS
 
WHEREAS, the UniTek Acquisition, Inc. (the “Corporation”) highly values the
efforts, abilities, and accomplishments of the key executives and directors of
the Corporation and its affiliates and recognizes that their future services are
vital to its continued growth and profits;
 
WHEREAS, the Corporation, in order to retain the services of its key
executives and directors is willing to provide them with the opportunity to
defer compensation and participate in employer contributions under a
nonqualified deferred compensation plan;
 
RESOLVED THEREFORE, that the UniTek Deferred Compensation Plan (the “Plan”) in
the form attached to these Minutes is hereby approved and adopted effective
January 1, 2011;
 
FURTHER RESOLVED, that the Grantor Trust Agreement to be entered into with
Wilmington Trust Company to receive contributions on behalf of the Plan in the
form attached to these minutes is hereby approved and adopted.
 
FURTHER RESOLVED, that the following persons are hereby appointed as the
Committee to administer the Plan:
 
Ronald J. Lejman, Chief Financial Officer
 
Elizabeth Downey, Chief Administration Officer
 
FURTHER RESOLVED, that the Committee is hereby authorized to complete all
documentation required for the Plan and Trust to designate eligible employees to
participate in the Plan and to take such further action as may be necessary to
install and administer the Plan and Trust.
 

        Date      By          Title   

 
 
 
 

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FORM DOL LETTER
 
The following letter must be filed with the Department of Labor for all ERISA
Nonqualified Deferred Compensation Plans within 120 days of the effective date
of the plan.  Please retain a copy of this letter with your plan documents for
our records.
 
[LETTERHEAD OF COMPANY]
 
[DATE]
Top Hat Plan Exemption,
Employee Benefits Security Administration,
Room N-1513,
U.S. Department of Labor,
200 Constitution Avenue NW.
Washington, DC 20210
 
Dear Sir or Madam:
 
UniTek Acquisition, Inc. hereby supplies the following information pursuant to
Labor Department Regulations Section 2520.104-23:
 
1. Name and Address of Employer:
 
UniTek Acquisition, Inc.
Gwynedd Hall
1777 Sentry Park West
Suite 302
Blue Bell, PA  19422
 
2. Employer Identification Number:
 
____________________________
 
3. UniTek Acquisition, Inc. maintains the following plan primarily for the
purpose of providing deferred compensation for a select group of highly
compensated or management employees:
 

  Number of Plans:  1    Name of Plan:  UniTek Deferred Compensation Plan   
Number of Employees in Plan:  Approximately 21 

 

  UniTek Acquisition, Inc, a Delaware corporation

    By      Title   

                                                      

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