Document:

Exhibit 4.10

    
      

    
                                                                   Exhibit
    4.10
     

    SUPPLEMENTAL
      INDENTURE

     

    SUPPLEMENTAL
      INDENTURE (this “Supplemental Indenture”) dated as of March 19, 2007, among the
      guarantors party hereto (the “New Guarantors”), each a subsidiary of
      FREEPORT-MCMORAN COPPER & GOLD INC. (or its successor), a Delaware
      corporation (the “Company”), and THE BANK OF NEW YORK, a New York banking
      corporation, as trustee under the indenture referred to below (the
“Trustee”).

     

    W
      I T N E
      S S E T H :

     

    WHEREAS
      the Company has heretofore executed and delivered to the Trustee an Indenture
      (the “Indenture”) dated as of February 3, 2004, providing for the issuance
      of an unlimited amount of 67⁄8% Senior Notes due 2014 (the
“Securities”);

     

    WHEREAS
      Section 4.11 of the Indenture provides that under certain circumstances the
      Company is required to cause the New Guarantor to execute and deliver to the
      Trustee a supplemental indenture pursuant to which the New Guarantor shall
      unconditionally guarantee all the Company’s obligations under the Securities
      pursuant to a Subsidiary Guarantee on the terms and conditions set forth herein;
      and

     

    WHEREAS
      pursuant to Section 9.01(iv) of the Indenture, the Trustee, the Company and
      any existing guarantors (the “Existing Guarantors”) are authorized to execute
      and deliver this Supplemental Indenture;

     

    NOW
      THEREFORE, in consideration of the foregoing and for other good and valuable
      consideration, the receipt of which is hereby acknowledged, the New Guarantor,
      the Company, the Existing Guarantors and the Trustee mutually covenant and
      agree
      for the equal and ratable benefit of the holders of the Securities as
      follows:

     

    1. Agreement
      to Guarantee.
      The New
      Guarantor hereby agrees, jointly and severally with all the Existing Guarantors,
      to unconditionally guarantee the Company’s obligations under the Securities on
      the terms and subject to the conditions set forth in Article 10 of the
      Indenture and to be bound by all other applicable provisions of the Indenture
      and the Securities.

    

    2. Ratification
      of Indenture; Supplemental Indentures Part of Indenture.
      Except
      as expressly amended hereby, the Indenture is in all respects ratified and
      confirmed and all the terms, conditions and provisions thereof shall remain
      in
      full force and effect.  This Supplemental Indenture shall form a part of
      the Indenture for all purposes, and every holder of Securities heretofore or
      hereafter authenticated and delivered shall be bound hereby.

    

    3. Governing
      Law.
      THIS
      SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH,
      THE LAWS OF THE STATE OF NEW YORK BUT WITHOUT GIVING EFFECT TO APPLICABLE
      PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE 

     

    
      
        
        

      

      
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    APPLICATION
      OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED
      THEREBY.

    

    4. Trustee
      Makes No Representation.
      The
      Trustee makes no representation as to the validity or sufficiency of this
      Supplemental Indenture. The recitals and statements herein are deemed to be
      those of the Company and not of the Trustee.

    

    5. Counterparts.
      The
      parties may sign any number of copies of this Supplemental Indenture.  Each
      signed copy shall be an original, but all of them together represent the same
      agreement.

    

    6. Effect
      of Headings.
      The
      Section headings herein are for convenience only and shall not effect the
      construction thereof.

    
      
         

        
        

      

      
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    IN
      WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture
      to
      be duly executed as of the date first above written.

    

    NEW
      GUARANTORS:

    

    FREEPORT-MCMORAN
      COPPER & GOLD INVESTMENT CO., S.A.

    FREEPORT-MCMORAN
      SPAIN INC.

    INTERNATIONAL
      SUPPORT INC.

    

    

    By: __/s/
      Kathleen L. Quirk_____________________________

    Name: Kathleen
      L. Quirk

    Title: Treasurer

    

    INTERNATIONAL
      AIR CAPITAL INC.

    

    

    By: __/s/
      Kathleen L. Quirk________________________

    Name: Kathleen
      L. Quirk

    Title: Senior
      Vice President and Treasurer

    

    FREEPORT
      RESEARCH AND ENGINEERING COMPANY

    

    

    By: __/s/
      Richard C. Adkerson___________________

    Name Richard
      C. Adkerson

    Title: Chairman
      of the Board and President

    

    INTERNATIONAL
      PURVEYORS INC.

    

    

    By: __/s/
      Richard C. Adkerson__________________________

    Name: Richard
      C. Adkerson

    Title: President

    

    FCX
      INVESTMENT LLC

    

    

    By: ___/s/
      Dean T. Falgoust_________________________

    Name: Dean
      T.
      Falgoust

    Title: Vice
      President

    
      
         

        
        

      

      
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    CHINO
      ACQUISITION INC.

    CHINO
      MINES COMPANY

    CLIMAX
      ENGINEERED MATERIALS, LLC

    CLIMAX
      MOLYBDENUM COMPANY

    CYPRUS
      AMAX MINERALS COMPANY

    CYPRUS
      CLIMAX METALS COMPANY

    CYPRUS
      EL
      ABRA CORPORATION

    CYPRUS
      METALS COMPANY

    PD
      CHILE
      HOLDING COMPANY LIMITADA

    PD
      CHILE
      INVESTMENTS, LLC

    PHELPS
      DODGE BAGDAD, INC.

    PHELPS
      DODGE CHICAGO ROD, INC.

    PHELPS
      DODGE CHINO, INC.

    PHELPS
      DODGE EXPLORATION CORPORATION

    PHELPS
      DODGE INDUSTRIES, INC.

    PHELPS
      DODGE MIAMI, INC.

    PHELPS
      DODGE REFINING CORPORATION

    PHELPS
      DODGE SAFFORD, INC.

    PHELPS
      DODGE SALES COMPANY, INCORPORATED

    PHELPS
      DODGE SIERRITA, INC.

    PHELPS
      DODGE TYRONE, INC.

    TYRONE
      MINING, LLC

    

    

    By: __/s/
      S.
      David Colton____________________________

    Name: S.
      David
      Colton

    Title: Senior
      Vice President

    

    PD
      CHILE
      FINANCE COMPANY

    

    

    By: __/s/
      S.
      David Colton_________________________

    Name: S.
      David
      Colton

    Title: Vice
      President

    

    CLIMAX
      MOLYBDENUM MARKETING CORPORATION

    KINETICS
      CLIMAX, INC.

    

    

    By: __/s/
      Stanton K. Rideout_______________________________

    Name: Stanton
      K. Rideout

    Title: Vice
      President

    

    
      
        
        

      

      
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    PHELPS
      DODGE CORPORATION

    

    

    By: ___/s/
      S.
      David Colton________________________

    Name: _S.
      David
      Colton____________________________

    Title: __Senior
      Vice President and General Counsel______

    

    COMPANY:

    

    FREEPORT-MCMORAN
      COPPER & GOLD INC.

    

    

    By: __/s/
      Kathleen L. Quirk___________________________

    Name: Kathleen
      L. Quirk

    Title: Senior
      Vice President, Chief Financial Officer and

             
      Treasurer

    

    TRUSTEE:

    

    THE
      BANK
      OF NEW YORK, as Trustee,

    

    

    By: __/s/
      Robert A. Massimillo________________________

    Name: __Robert
      A. Massimillo_______________________

    Title: ___Vice
      President____________________________

    

    

    
      
        
        

      

      
        5Exhibit 10.23

    
      

    

    Exhibit
      10.23

    

    FREEPORT-McMoRan
      COPPER & GOLD INC.

    

    1995
      STOCK OPTION PLAN

    

    

    SECTION
      1

     

    Purpose.
      The
      purpose of the Freeport-McMoRan Copper & Gold Inc. 1995 Stock Option Plan
      (the “Plan”) is to motivate and reward key personnel by giving them a
      proprietary interest in the Company’s continued success.

     

    SECTION
      2

     

    Definitions.
      As used
      in the Plan, the following terms shall have the meanings set forth
      below:

     

    “Award”
      shall mean any Option, Stock Appreciation Right, Limited Right or Other
      Stock-Based Award.

     

    “Award
      Agreement” shall mean any written agreement, contract or other instrument or
      document evidencing any Award, which may, but need not, be executed or
      acknowledged by a Participant.

     

    “Board”
      shall mean the Board of Directors of the Company.

     

    “Code”
      shall mean the Internal Revenue Code of 1986, as amended from time to
      time.

     

    “Committee”
      shall mean a committee of the Board designated by the Board to administer the
      Plan and composed of not fewer than two directors, each of which directors,
      to
      the extent necessary to comply with Rule 16b-3 only, is a “disinterested
      person” within the meaning of Rule 16b-3. Until otherwise determined by the
      Board, the Committee shall be the Corporate Personnel Committee of the
      Board.

     

    “Company”
      shall mean Freeport-McMoRan Copper & Gold Inc.

     

    “Designated
      Beneficiary” shall mean the beneficiary designated by the Participant, in a
      manner determined by the Committee, to receive the benefits due the Participant
      under the Plan in the event of the Participant’s death. In the absence of an
      effective designation by the Participant, Designated Beneficiary shall mean
      the
      Participant’s estate.

     

    “Employee”
      shall mean (i) any person providing services as an officer of the Company or
      a
      Subsidiary, whether or not employed by such entity, including any such person
      who is also a director of the Company, (ii) any employee of the Company or
      a
      Subsidiary, including any director who is also an employee of the Company or
      a
      Subsidiary, (iii) any officer or employee of an entity with which the Company
      has contracted to receive executive or management services who provides services
      to the Company or a Subsidiary through such arrangement and 

     

    
      
         

      

      
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    (iv)
      any
      person who has agreed in writing to become a person described in clauses (i),
      (ii) or (iii) within not more than 30 days following the date of grant of such
      person’s first Award under the Plan.

     

    “Exchange
      Act” shall mean the Securities Exchange Act of 1934, as amended from time to
      time.

     

    “Incentive
      Stock Option” shall mean an option granted under Section 6 of the Plan that is
      intended to meet the requirements of Section 422 of the Code or any successor
      provision thereto.

     

    “Limited
      Right” shall mean any right granted under Section 8 of the
      Plan.

     

    “Nonqualified
      Stock Option” shall mean an option granted under Section 6 of the Plan that is
      not intended to be an Incentive Stock Option.

     

    “Offer”
      shall mean any tender offer, exchange offer or series of purchases or other
      acquisitions, or any combination of those transactions, as a result of which
      any
      person, or any two or more persons acting as a group, and all affiliates of
      such
      person or persons, shall beneficially own more than 40% of all classes and
      series of the Company’s stock outstanding, taken as a whole, that has voting
      rights with respect to the election of directors of the Company (not including
      any series of preferred stock of the Company that has the right to elect
      directors only upon the failure of the Company to pay dividends).

     

    “Offer
      Price” shall mean the highest price per Share paid in any Offer that is in
      effect at any time during the period beginning on the ninetieth day prior to
      the
      date on which a Limited Right is exercised and ending on and including the
      date
      of exercise of such Limited Right. Any securities or property that comprise
      all
      or a portion of the consideration paid for Shares in the Offer shall be valued
      in determining the Offer Price at the higher of (i) the valuation placed on
      such
      securities or property by the person or persons making such Offer, or (ii)
      the
      valuation, if any, placed on such securities or property by the Committee or
      the
      Board.

     

    “Option”
      shall mean an Incentive Stock Option or a Nonqualified Stock
      Option.

     

    “Other
      Stock-Based Award” shall mean any right or award granted under Section 9 of
      the Plan.

     

    “Participant”
      shall mean any Employee granted an Award under the Plan.

     

    “Person”
      shall mean any individual, corporation, partnership, association, joint-stock
      company, trust, unincorporated organization, government or political subdivision
      thereof or other entity.

     

    “Rule
      16b-3” shall mean Rule 16b-3 promulgated by the SEC under the Exchange Act, or
      any successor rule or regulation thereto as in effect from time to
      time.

     

    “SAR”
      shall mean any Stock Appreciation Right.

     

    
      
         

      

      
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    “SEC”
      shall mean the Securities and Exchange Commission, including the staff thereof,
      or any successor thereto.

     

    “Shares”
      shall mean the shares of Class B Common Stock, par value $0.10 per share, of
      the
      Company and such other securities of the Company or a Subsidiary as the
      Committee may from time to time designate.

     

    “Stock
      Appreciation Right” shall mean any right granted under Section 7 of the
      Plan.

     

    “Subsidiary”
      shall mean (i) any corporation or other entity in which the Company possesses
      directly or indirectly equity interests representing at least 50% of the total
      ordinary voting power or at least 50% of the total value of all classes of
      equity interests of such corporation or other entity and (ii) any other entity
      in which the Company has a direct or indirect economic interest that is
      designated as a Subsidiary by the Committee.

     

    SECTION
      3

     

    Administration.
      The
      Plan shall be administered by the Committee. Subject to the terms of the Plan
      and applicable law, and in addition to other express powers and authorizations
      conferred on the Committee by the Plan, the Committee shall have full power
      and
      authority to: (i) designate Participants; (ii) determine the type or types
      of
      Awards to be granted to an eligible Employee; (iii) determine the number of
      Shares to be covered by, or with respect to which payments, rights or other
      matters are to be calculated in connection with, Awards; (iv) determine the
      terms and conditions of any Award; (v) determine whether, to what extent, and
      under what circumstances Awards may be settled or exercised in cash, whole
      Shares, other whole securities, other Awards, other property or other cash
      amounts payable by the Company upon the exercise of that or other Awards, or
      canceled, forfeited or suspended and the method or methods by which Awards
      may
      be settled, exercised, canceled, forfeited or suspended; (vi) determine whether,
      to what extent, and under what circumstances cash, Shares, other securities,
      other Awards, other property, and other amounts payable by the Company with
      respect to an Award shall be deferred either automatically or at the election
      of
      the holder thereof or of the Committee; (vii) interpret and administer the
      Plan
      and any instrument or agreement relating to, or Award made under, the Plan;
      (viii) establish, amend, suspend or waive such rules and regulations and appoint
      such agents as it shall deem appropriate for the proper administration of the
      Plan; and (ix) make any other determination and take any other action that
      the
      Committee deems necessary or desirable for the administration of the Plan.
      Unless otherwise expressly provided in the Plan, all designations,
      determinations, interpretations and other decisions under or with respect to
      the
      Plan or any Award shall be within the sole discretion of the Committee, may
      be
      made at any time and shall be final, conclusive and binding upon all Persons,
      including the Company, any Subsidiary, any Participant, any holder or
      beneficiary of any Award, any stockholder of the Company and any
      Employee.

     

    SECTION
      4

     

    Eligibility.
      Any
      Employee who is not a member of the Committee shall be eligible to be granted
      an
      Award.

     

    
      
         

      

      
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    SECTION
      5

     

    (a)  Shares
      Available for Awards.
      Subject
      to adjustment as provided in Section 5(b):

     

    (i)  Calculation
      of Number of Shares Available.
      The
      number of Shares with respect to which Awards may be granted under the Plan
      shall be 10,000,000. Shares subject to Awards that are not granted in tandem
      with an Option and that by their terms may be settled only in cash shall not
      be
      counted against such total, except as may be required to comply with Rule 16b-3.
      If, after the effective date of the Plan, an Award granted under the Plan
      expires or is exercised, forfeited, canceled or terminated without the delivery
      of Shares, then the Shares covered by such Award or to which such Award relates,
      or the number of Shares otherwise counted against the aggregate number of Shares
      with respect to which Awards may be granted, to the extent of any such
      expiration, exercise, forfeiture, cancellation or termination without the
      delivery of Shares, shall again be, or shall become, Shares with respect to
      which Awards may be granted.

     

    (ii)  Substitute
      Awards.
      Any
      Shares delivered by the Company, any Shares with respect to which Awards are
      made by the Company, or any Shares with respect to which the Company becomes
      obligated to make Awards, through the assumption of, or in substitution for,
      outstanding awards previously granted by an acquired company or a company with
      which the Company combines, shall not, except in the case of Shares with respect
      to which Awards are granted to Employees who are officers or directors of the
      Company for purposes of Section 16 of the Exchange Act or any successor section
      thereto, be counted against the Shares available for Awards under the
      Plan.

     

    (iii)  Sources
      of Shares Deliverable Under Awards.
      Any
      Shares delivered pursuant to an Award may consist of authorized and unissued
      Shares or of treasury Shares, including Shares held by the Company or a
      Subsidiary and Shares acquired in the open market or otherwise obtained by
      the
      Company or a Subsidiary.

     

    (iv)  Individual
      Limit.
      Any
      provision of the Plan to the contrary notwithstanding, no individual may receive
      in any year Awards under the Plan that relate to more than 1,750,000
      Shares.

     

    (b)  Adjustments.
      In the
      event that the Committee determines that any dividend or other distribution
      (whether in the form of cash, Shares, Subsidiary securities, other securities
      or
      other property), recapitalization, stock split, reverse stock split,
      reorganization, merger, consolidation, split-up, spin-off, combination,
      repurchase or exchange of Shares or other securities of the Company, issuance
      of
      warrants or other rights to purchase Shares or other securities of the Company,
      or other similar corporate transaction or event affects the Shares such that
      an
      adjustment is determined by the Committee to be appropriate to prevent dilution
      or enlargement of the benefits or potential benefits intended to be made
      available under the Plan, then the Committee shall, in such manner as it may
      deem equitable, adjust any or all of (i) the number and type of Shares (or
      other
      securities or property) with respect to which Awards may be granted, (ii) the
      number and type of Shares (or other securities or property) subject to
      outstanding Awards, and (iii) the grant or exercise price with respect to any
      Award and, if deemed appropriate, make provision for a cash payment to the
      holder of an outstanding Award and, if 

     

    
      
         

      

      
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    deemed
      appropriate, adjust outstanding Awards to provide the rights contemplated by
      Section 9(b) hereof; provided,
      in each
      case, that with respect to Awards of Incentive Stock Options no such adjustment
      shall be authorized to the extent that such authority would cause the Plan
      to
      violate Section 422(b)(1) of the Code or any successor provision thereto and,
      with respect to all Awards under the Plan, no such adjustment shall be
      authorized to the extent that such authority would be inconsistent with the
      requirements for full deductibility under Section 162(m) of the Code and the
      regulations thereunder; and provided further,
      that
      the number of Shares subject to any Award denominated in Shares shall always
      be
      a whole number.

     

    SECTION
      6

     

    (a)  Stock
      Options.
      Subject
      to the provisions of the Plan, the Committee shall have sole and complete
      authority to determine the Employees to whom Options shall be granted, the
      number of Shares to be covered by each Option, the option price therefor and
      the
      conditions and limitations applicable to the exercise of the Option. The
      Committee shall have the authority to grant Incentive Stock Options,
      Nonqualified Stock Options or both. In the case of Incentive Stock Options,
      the
      terms and conditions of such grants shall be subject to and comply with such
      rules as may be required by Section 422 of the Code, as from time to time
      amended, and any implementing regulations. Except in the case of an Option
      granted in assumption of or substitution for an outstanding award of a company
      acquired by the Company or with which the Company combines, the exercise price
      of any Option granted under this Plan shall not be less than 100% of the fair
      market value of the underlying Shares on the date of grant.

     

    (b)  Exercise.
      Each
      Option shall be exercisable at such times and subject to such terms and
      conditions as the Committee may, in its sole discretion, specify in the
      applicable Award Agreement or thereafter, provided, however, that in no event
      may any Option granted hereunder be exercisable after the expiration of 10
      years
      after the date of such grant. The Committee may impose such conditions with
      respect to the exercise of Options, including without limitation, any condition
      relating to the application of Federal or state securities laws, as it may
      deem
      necessary or advisable. Except in the case of an Option granted in assumption
      of
      or substitution for an outstanding award of a company acquired by the Company
      or
      with which the Company combines, no Option shall be exercisable earlier than
      six
      months after the date of grant.

     

    (c)  Payment.
      No
      Shares shall be delivered pursuant to any exercise of an Option until payment
      in
      full of the option price therefor is received by the Company. Such payment
      may
      be made in cash, or its equivalent, or, if and to the extent permitted by the
      Committee, by applying cash amounts payable by the Company upon the exercise
      of
      such Option or other Awards by the optionee or by exchanging whole Shares owned
      by the optionee (which are not the subject of any pledge or other security
      interest), or by a combination of the foregoing, provided that the combined
      value of all cash, cash equivalents, cash amounts so payable by the Company
      upon
      exercises of Awards and the fair market value of any such whole Shares so
      tendered to the Company, valued (in accordance with procedures established
      by
      the Committee) as of the effective date of such exercise, is at least equal
      to
      such option price.

     

    
      
         

      

      
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    SECTION
      7

     

    (a)  Stock
      Appreciation Rights.
      Subject
      to the provisions of the Plan, the Committee shall have sole and complete
      authority to determine the Employees to whom Stock Appreciation Rights shall
      be
      granted, the number of Shares to be covered by each Award of Stock Appreciation
      Rights, the grant price thereof and the conditions and limitations applicable
      to
      the exercise thereof. Stock Appreciation Rights may be granted in tandem with
      another Award, in addition to another Award, or freestanding and unrelated
      to
      any other Award. Stock Appreciation Rights granted in tandem with or in addition
      to an Option or other Award may be granted either at the same time as the Option
      or other Award or at a later time. Stock Appreciation Rights shall not be
      exercisable earlier than six months after the date of grant nor after the
      expiration of 10 years after the date of grant. Except in the case of a Stock
      Appreciation Right granted in assumption of or substitution for an outstanding
      award of a company acquired by the Company or with which the Company combines,
      the grant price of any Stock Appreciation Right granted under this Plan shall
      not be less than 100% of the fair market value of the Shares covered by such
      Stock Appreciation Right on the date of grant or, in the case of a Stock
      Appreciation Right granted in tandem with a then outstanding Option or other
      Award, on the date of grant of such related Option or Award.

     

    (b)  A
      Stock
      Appreciation Right shall entitle the Participant to receive upon exercise,
      for
      each Share to which the SAR relates, an amount equal to the excess, if any,
      of
      the fair market value of a Share on the date of exercise of the Stock
      Appreciation Right over the grant price. Any Stock Appreciation Right shall
      be
      settled in cash, unless the Committee shall determine at the time of grant
      of a
      Stock Appreciation Right that it shall or may be settled in cash, Shares or
      a
      combination of cash and Shares.

     

    SECTION
      8

     

    (a)  Limited
      Rights.
      Subject
      to the provisions of the Plan, the Committee shall have sole and complete
      authority to determine the Employees to whom Limited Rights shall be granted,
      the number of Shares to be covered by each Award of Limited Rights, the grant
      price thereof and the conditions and limitations applicable to the exercise
      thereof. Limited Rights may be granted in tandem with another Award, in addition
      to another Award, or freestanding and unrelated to any Award. Limited Rights
      granted in tandem with or in addition to an Award may be granted either at
      the
      same time as the Award or at a later time. Limited Rights shall not be
      exercisable earlier than six months after the date of grant nor after the
      expiration of 10 years after the date of grant and shall only be exercisable
      during a period determined at the time of grant by the Committee beginning
      not
      earlier than one day and ending not more than ninety days after the expiration
      date of an Offer. Except in the case of a Limited Right granted in assumption
      of
      or substitution for an outstanding award of a company acquired by the Company
      or
      with which the Company combines, the grant price of any Limited Right granted
      under this Plan shall not be less than 100% of the fair market value of the
      Shares covered by such Limited Right on the date of grant or, in the case of
      a
      Limited Right granted in tandem with a then outstanding Option or other Award,
      on the date of grant of such related Option or Award.

     

    (b)  A
      Limited
      Right shall entitle the Participant to receive upon exercise, for each Share
      to
      which the Limited Right relates, an amount equal to the excess, if any, of
      the
      Offer 

     

    
      
         

      

      
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    Price
      on
      the date of exercise of the Limited Right over the grant price. Any Limited
      Right shall be settled in cash, unless the Committee shall determine at the
      time
      of grant of a Limited Right that it shall or may be settled in cash, Shares
      or a
      combination of cash and Shares.

     

    SECTION
      9

     

    (a)  Other
      Stock-Based Awards.
      The
      Committee is hereby authorized to grant to eligible Employees an “Other
      Stock-Based Award”, which shall consist of an Award, the value of which is based
      in whole or in part on the value of Shares, that is not an instrument or Award
      specified in Sections 6 through 8 of this Plan. Other Stock-Based Awards may
      be
      awards of Shares or may be denominated or payable in, valued in whole or in
      part
      by reference to, or otherwise based on or related to, Shares (including, without
      limitation, securities convertible or exchangeable into or exercisable for
      Shares), as deemed by the Committee consistent with the purposes of the Plan.
      The Committee shall determine the terms and conditions of any such Other
      Stock-Based Award. Except in the case of an Other Stock-Based Award granted
      in
      assumption of or in substitution for an outstanding award of a company acquired
      by the Company or with which the Company combines, the price at which securities
      may be purchased pursuant to any Other Stock-Based Award granted under this
      Plan, or the provision, if any, of any such Award that is analogous to the
      purchase or exercise price, shall not be less than 100% of the fair market
      value
      of the securities to which such Award relates on the date of grant.

     

    (b)  Dividend
      Equivalents.
      In the
      sole and complete discretion of the Committee, an Award, whether made as an
      Other Stock-Based Award under this Section 9 or as an Award granted pursuant
      to
      Sections 6 through 8 hereof, may provide the Participant with dividends or
      dividend equivalents, payable in cash, Shares, Subsidiary securities, other
      securities or other property on a current or deferred basis.

     

    SECTION
      10 

     

    (a)  Amendments
      to the Plan.
      The
      Board may amend, suspend or terminate the Plan or any portion thereof at any
      time, provided that no amendment shall be made without stockholder approval
      if
      such approval is necessary to comply with any tax or regulatory requirement,
      including for these purposes any approval requirement that is a prerequisite
      for
      exemptive relief from Section 16(b) of the Exchange Act or any successor
      provision thereto. Notwithstanding anything to the contrary contained herein,
      the Committee may amend the Plan in such manner as may be necessary for the
      Plan
      to conform with local rules and regulations in any jurisdiction outside the
      United States.

     

    (b)  Amendments
      to Awards.
      The
      Committee may amend, modify or terminate any outstanding Award with the
      Participant’s consent at any time prior to payment or exercise in any manner not
      inconsistent with the terms of the Plan, including without limitation, (i)
      to
      change the date or dates as of which an Award becomes exercisable, or (ii)
      to
      cancel an Award and grant a new Award in substitution therefor under such
      different terms and conditions as it determines in its sole and complete
      discretion to be appropriate.

     

    (c)  Adjustment
      of Awards Upon the Occurrence of Certain Unusual or Nonrecurring
      Events.
      The
      Committee is hereby authorized to make adjustments in the terms and conditions
      of, 

     

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

     

    and
      the
      criteria included in, Awards in recognition of unusual or nonrecurring events
      (including, without limitation, the events described in Section 5(b) hereof)
      affecting the Company, or the financial statements of the Company or any
      Subsidiary, or of changes in applicable laws, regulations, or accounting
      principles, whenever the Committee determines that such adjustments are
      appropriate to prevent dilution or enlargement of the benefits or potential
      benefits intended to be made available under the Plan.

     

    (d)  Cancellation.
      Any
      provision of this Plan or any Award Agreement to the contrary notwithstanding,
      the Committee may cause any Award granted hereunder to be canceled in
      consideration of a cash payment or alternative Award made to the holder of
      such
      canceled Award equal in value to such canceled Award. The determinations of
      value under this subparagraph shall be made by the Committee in its sole
      discretion.

     

    SECTION
      11

     

    (a)  Delegation.
      Subject
      to the terms of the Plan and applicable law, the Committee may delegate to
      one
      or more officers of the Company the authority, subject to such terms and
      limitations as the Committee shall determine, to grant Awards to, or to cancel,
      modify or waive rights with respect to, or to alter, discontinue, suspend,
      or
      terminate Awards held by, Employees who are not officers or directors of the
      Company for purposes of Section 16 of the Exchange Act, or any successor section
      thereto, or who are otherwise not subject to such Section.

     

    (b)  Award
      Agreements.
      Each
      Award hereunder shall be evidenced by a writing delivered to the Participant
      that shall specify the terms and conditions thereof and any rules applicable
      thereto, including but not limited to the effect on such Award of the death,
      retirement or other termination of employment of the Participant and the effect
      thereon, if any, of a change in control of the Company.

     

    (c)  Withholding.

     

     (i)
      A
      Participant shall be required to pay to the Company, and the Company shall
      have
      the right to deduct from all amounts paid to a Participant (whether under the
      Plan or otherwise), any taxes required by law to be paid or withheld in respect
      of Awards hereunder to such Participant. The Committee may provide for
      additional cash payments to holders of Awards to defray or offset any tax
      arising from the grant, vesting, exercise or payment of any Award.

     

    (ii)  At
      any
      time that a Participant is required to pay to the Company an amount required
      to
      be withheld under the applicable tax laws in connection with the issuance of
      Shares under the Plan, the Participant may, if permitted by the Committee,
      satisfy this obligation in whole or in part by delivering currently owned Shares
      or by electing (the “Election”) to have the Company withhold from the issuance
      Shares, which Shares shall have a value equal to the minimum amount required
      to
      be withheld. The value of the Shares delivered or withheld shall be based on
      the
      fair market value of the Shares on the date as of which the amount of tax to
      be
      withheld shall be determined in accordance with applicable tax laws (the “Tax
      Date”).

     

    (iii)  Each
      Election to have Shares withheld must be made prior to the Tax Date. If a
      Participant wishes to deliver Shares in payment of taxes, the Participant must
      so notify the Company prior to the Tax Date.

     

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

     

    (d)  Nontransferability.
      No
      Award shall be transferable by a Participant other than by will or the laws
      of
      descent and distribution or, to the maximum extent permitted by Rule 16b-3,
      pursuant to a qualified domestic relations order (“QDRO”), as determined by the
      Committee. An Award may be exercised, during the Participant’s lifetime, only by
      the Participant or the transferee under the QDRO. The designation of a
      Designated Beneficiary shall not be a violation of this paragraph
      11(d).

     

    (e)  Share
      Certificates.
      All
      certificates for Shares or other securities delivered under the Plan pursuant
      to
      any Award or the exercise thereof shall be subject to such stop transfer orders
      and other restrictions as the Committee may deem advisable under the Plan or
      the
      rules, regulations, and other requirements of the SEC, any stock exchange upon
      which such Shares or other securities are then listed, and any applicable
      federal or state laws, and the Committee may cause a legend or legends to be
      put
      on any such certificates to make appropriate reference to such
      restrictions.

     

    (f)  No
      Limit on Other Compensation Arrangements.
      Nothing
      contained in the Plan shall prevent the Company from adopting or continuing
      in
      effect other compensation arrangements, which may, but need not, provide for
      the
      grant of options, stock appreciation rights and other types of Awards provided
      for hereunder (subject to stockholder approval of any such arrangement if
      approval is required), and such arrangements may be either generally applicable
      or applicable only in specific cases.

     

    (g)  No
      Right to Employment.
      The
      grant of an Award shall not be construed as giving a Participant the right
      to be
      retained in the employ of the Company or any Subsidiary or in the employ of
      any
      other entity providing services to the Company. The Company or any Subsidiary
      or
      any such entity may at any time dismiss a Participant from employment, or
      terminate any arrangement pursuant to which the Participant provides services
      to
      the Company, free from any liability or any claim under the Plan, unless
      otherwise expressly provided in the Plan or in any Award Agreement. No Employee,
      Participant or other person shall have any claim to be granted any Award, and
      there is no obligation for uniformity of treatment of Employees, Participants
      or
      holders or beneficiaries of Awards.

     

    (h)  Governing
      Law.
      The
      validity, construction, and effect of the Plan, any rules and regulations
      relating to the Plan and any Award Agreement shall be determined in accordance
      with the laws of the State of Delaware.

     

    (i)  Severability.
      If any
      provision of the Plan or any Award is or becomes or is deemed to be invalid,
      illegal, or unenforceable in any jurisdiction or as to any Person or Award,
      or
      would disqualify the Plan or any Award under any law deemed applicable by the
      Committee, such provision shall be construed or deemed amended to conform to
      applicable laws, or if it cannot be construed or deemed amended without, in
      the
      determination of the Committee, materially altering the intent of the Plan
      or
      the Award, such provision shall be stricken as to such jurisdiction, Person
      or
      Award and the remainder of the Plan and any such Award shall remain in full
      force and effect.

     

    (j)  No
      Trust or Fund Created.
      Neither
      the Plan nor any Award shall create or be construed to create a trust or
      separate fund of any kind or a fiduciary relationship between the 

     

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

     

    Company
      and a Participant or any other Person. To the extent that any Person acquires
      a
      right to receive payments from the Company pursuant to an Award, such right
      shall be no greater than the right of any unsecured general creditor of the
      Company.

     

    (k)  No
      Fractional Shares.
      No
      fractional Shares shall be issued or delivered pursuant to the Plan or any
      Award, and the Committee shall determine whether cash, other securities or
      other
      property shall be paid or transferred in lieu of any fractional Shares or
      whether such fractional Shares or any rights thereto shall be canceled,
      terminated, or otherwise eliminated.

     

    (l)  Headings.
      Headings are given to the subsections of the Plan solely as a convenience to
      facilitate reference. Such headings shall not be deemed in any way material
      or
      relevant to the construction or interpretation of the Plan or any provision
      thereof.

     

    SECTION
      12

     

    Effective
      Date of the Plan.
      The
      Plan shall be effective as of the date of its approval by the holders of the
      common stock of the Company.

     

    SECTION
      13

     

    Term
      of the Plan.
      No
      Award shall be granted under the Plan after the fifth anniversary of the
      effective date of the Plan; however, unless otherwise expressly provided in
      the
      Plan or in an applicable Award Agreement, any Award theretofore granted may,
      and
      the authority of the Committee to amend, alter, adjust, suspend, discontinue,
      or
      terminate any such Award or to waive any conditions or rights under any such
      Award shall, extend beyond such date.

     

    
      
         

      

      
        10

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