Document:

Exhibit
      10.22

    

    BUILDING
      MATERIALS HOLDING CORPORATION

    SECOND
      AMENDED AND RESTATED

    NON-EMPLOYEE
      DIRECTOR STOCK PLAN

    

    (Approved
      by the
      Board of Directors on February 18, 2000)

    

    
      	 	
              1.

            	
              Purpose.

            

    

    

    The
      purpose of the
      Second Amended and Restated Non-Employee Director Stock Plan (the “Amended
      Director Plan”) of Building Materials Holding Corporation (the “Company”) is to
      promote the interests of the Company by attracting and retaining highly
      qualified independent directors by providing such individuals with an investment
      interest in the Company’s future success.

    

    
      	 	
              2.

            	
              Definitions.

            

    

    

    The
      following
      definitions shall apply to this Amended Director Plan:

    

    (a) “Annual
      Issue
      Date”
shall
      mean, for
      each fiscal year, the date on which the stockholders of the Company have their
      regular annual meeting.

    

    (b) “Board”
or
“Board
      of
      Directors”
shall
      mean the
      Board of Directors of the Company.

    

    (c) “Eligible
      Director”
shall mean any person who is a member of the Board and who is not a full or
      part-time employee of the Company or of any parent or subsidiary corporation
      (as
      defined in Section 424 of the Internal Revenue Code of 1986, as amended) of
      the
      Company, and who has not been an employee of the Company or of any parent or
      subsidiary of the Company within one (1) year prior to participation in this
      Amended Director Plan.

    

    (d) “Initial
      Issue
      Date”
shall
      mean the
      later of (i) the date on which an Eligible Director is first elected as a member
      of the Board by action of the stockholders of the Company, or (ii) in the case
      of a director who has been an employee of the Company or a parent or subsidiary
      of the Company, the date on which such director becomes an Eligible
      Director.

    

    (e) “Shares”
shall
      mean shares
      of the Common Stock of the Company.

    

    
      	 	
              3.

            	
              Administration.

            

    

    

    (a) General.  This
      Amended Director Plan shall be administered by the Board in accordance with
      the
      express provisions of this Amended Director Plan.

    

    (b) Powers
      of
      Board.  The
      Board shall have full and complete authority to adopt such rules and regulations
      and to make all such other determinations not inconsistent with this Amended
      Director Plan as may be necessary for the administration of this Amended
      Director Plan.  Notwithstanding the foregoing, the Company shall have
      no authority or discretion as to the persons eligible to receive Shares under
      this Amended Director Plan, which matters are specifically governed by the
      provisions of this Amended Director Plan.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	 	
              4.

            	
              Restrictions.

            

    

    

    All
      Shares proposed
      to be issued under this Amended Director Plan shall be subject to the
      requirement that, if at any time the Company shall determine, in its discretion,
      that the listing, registration or qualification of such Shares issuable under
      this Amended Director Plan upon any securities exchange or under any state
      or
      federal law, or the consent or approval of any government regulatory body,
      is
      necessary or desirable as a condition of, or in connection with, the issuing
      of
      such Shares, such Shares may not be issued unless such listing, registration,
      qualification, consent or approval shall have been effected or obtained free
      of
      any conditions not acceptable to the Company.

    

    
      	 	
              5.

            	
              Shares
                Subject to Amended Director
                Plan.

            

    

    

    (a) Aggregate
      Number.  Subject
      to adjustment in accordance with Section 7(b), a total of 187,500 Shares are
      reserved for issuance under this Amended Director Plan, of which 13,500 shares
      are outstanding as of 12/31/2005.  Shares issued under this Amended
      Director Plan may be unissued Shares or reacquired Shares.

    

    (b) Rights
      as
      Stockholder.  No
      Eligible Director and no beneficiary or other person claiming under or through
      such Eligible Director shall have any rights as a stockholder with respect
      to
      Shares until the issuance (as evidenced by the appropriate entry on the books
      of
      the Company or a duly authorized transfer agent) of a stock certificate
      evidencing the Shares.  Subject to Section 7(b), no adjustment shall
      be made for dividends or other events for which the record date if prior to
      the
      date the certificate is issued.

    

    (c) Rights
      with
      Respect to Shares.  No
      Eligible Director and no beneficiary or other person claiming under or through
      such Eligible Director shall have any right, title or interest in or to any
      Shares until such Shares are duly issued pursuant to the terms of this Amended
      Director Plan.

    

    
      	 	
              6.

            	
              Nondiscretionary
                Awards.

            

    

    

    Shares
      will be
      automatically issued to the Eligible Directors as follows:

    

    (a) Initial
      Issuances.  On
      the
      Initial Issue Date, the Company shall issue to each Eligible Director (except
      for the Eligible Directors who are members of the Board as of the effective
      date
      of this Amended Director Plan) the number of Shares equal to Twenty-Five
      Thousand Dollars ($25,000) divided by the closing price on the relevant Initial
      Issue Date of one Share on the Nasdaq National Market, rounded up to the nearest
      100 shares, for a purchase price of $0.01 per Share.

    

    (b) Regular
      Annual
      Issuances.  On
      each Annual Issue Date, immediately after the annual election of directors,
      the
      Company shall issue to each Eligible Director then in office the number of
      Shares equal to Twenty-Five Thousand Dollars ($25,000) divided by the closing
      price on the relevant Annual Issue Date of one Share on the Nasdaq National
      Market, rounded up to the nearest 100 shares, for a purchase price of $0.01
      per
      Share.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    (c) Adjustment.  The
      number of Shares issued in accordance with this Section 6 shall be subject
      to
      adjustment in accordance with Section 7(b).

    

    
      	 	
              7.

            	
              Terms
                of
                Awards.

            

    

    

    (a) Termination
      of
      Membership on the Board.  If
      an
      Eligible Director’s membership on the Board terminates for any reason, no
      further Shares shall be issued under this Amended Director Plan to such Eligible
      Director on or after such date of termination.

    

    (b) Capitalization
      Changes.  If any change is made in the Shares subject to this Amended
      Director Plan through merger, consolidation, reorganization, recapitalization,
      stock dividend, dividend in property other than cash, stock split, liquidating
      dividend, combination of shares, exchange of shares, change in corporate
      structure, or any other capital reorganization, the Board shall make appropriate
      adjustments as to the maximum number of Share subject to this Amended Director
      Plan.

    

    (c) Withholding
      Taxes.  Whenever Shares are to be issued under this Amended Director
      Plan, the Company shall have the right to require payment to the Company by
      the
      person to receive such Shares of an amount sufficient to satisfy federal, state
      and local withholding ax requirements prior to delivery of any certificate
      or
      certificates representing such Shares.  Payment of withholding taxes
      may be made by delivery of Company stock to the
      Company.  

    

    
      	 	
              8.

            	
              Legal
                Requirements.

            

    

    

    Shares
      shall not be
      offered or issued under this Amended Director Plan unless the offer, issuance
      and delivery of such Shares shall comply with all applicable provisions of
      law,
      domestic or foreign, including, without limitation, the Securities Act of 1933,
      as amended, and the requirements of any stock exchange upon which the Shares
      may
      then be listed.  As a condition precedent to the issuance of Shares
      pursuant to an award under this Amended Director Plan, the Company may require
      an Eligible Director to take any reasonable action to comply with such
      requirements.  Any certificates representing Shares shall bear
      appropriate legends.

    

    
      	 	
              9.

            	
              Amendment
                and Interpretation of Amended Director
                Plan.

            

    

    

    (a) Stockholder
      Approval Required.  The
      Board may amend this Amended Director Plan at any time.  No amendment
      adopted without stockholder approval may (i) increase the number of Shares
      which
      may be issued hereunder, (ii) modify the requirements as to eligibility for
      participation, or (iii) materially increase the benefits accruing under this
      Amended Director Plan.

    

    (b) Prohibited
      Amendments.  No
      amendment shall change the nondiscretionary manner in which awards are made
      under Section 6.

    

    (c) Interpretation.  Questions
      of interpretation of any of the provisions of this Amended Director Plan shall
      be resolved by legal counsel for the Company selected by the Chief Executive
      Officer of the Company.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	 	
              10.

            	
              Termination
                or Suspension of Amended Director Plan.

            

    

    

    The
      Board at any
      time may suspend or terminate this Amended Director Plan.  This
      Amended Director Plan, unless sooner terminated, shall terminate on February
      19,
      2008.  No Shares may be issued under this Amended Director Plan while
      this Amended Director Plan is suspended or after it is terminated.

    

    
      	 	
              11.

            	
              Effective
                Date; Stockholder Approval.

            

    

    

    This
      Amended
      Director Plan has been approved by the Board and shall become effective on
      February 18, 2000, subject to its approval by the stockholders of the
      company.  If the stockholders fail to approve this Amended Director
      Plan, within twelve (12) months from the effective date hereof, the Amended
      and
      Restated Non-Employee Director Stock Option Plan shall continue in effect in
      the
      form existing prior to this amendment.

    

    
      	 	
              12.

            	
              Director
                Status.

            

    

    

    Nothing
      in this
      Amended Director Plan or in any instrument executed pursuant hereto shall confer
      upon any Eligible Director any right to continue as a member of the Board of
      the
      Company or any parent or subsidiary thereof.

    

    
      	 	
              13.

            	
              Other
                Plans.

            

    

    

    Nothing
      in this
      Amended Director Plan is intended to be a substitute for, or shall preclude
      or
      limit the establishment or continuation of, any other plan, practice or
      arrangement for the payment of compensation or benefits to directors generally,
      which the Company now has or may hereafter lawfully put into effect, including,
      without limitation, any retirement, pension, insurance, stock purchase,
      incentive compensation or bonus plan.

    

    
      	 	
              14.

            	
              Applicable
                Law.

            

    

    

    This
      Amended
      Director Plan shall be governed by, interpreted under, and construed and
      enforced in accordance with the laws of the State of Delaware, excluding choice
      of law provisions thereof.

    

    
      	 	
              15.

            	
              Successors
                and Assigns.

            

    

    

    This
      Amended
      Director Plan shall be binding upon the successors and assigns of the Company
      and upon each Eligible Director and such Eligible Director’s heirs, executors,
      administrators, personal representatives, permitted assignees and successors
      in
      interest.

    

    Approved
      by the
      Board on February 18, 2000.Exhibit
      10.23.1

    NON-STATUTORY
      STOCK OPTION AGREEMENT

    UNDER
      THE

    2000
      STOCK INCENTIVE PLAN

    OF

    BUILDING
      MATERIALS HOLDING CORPORATION

    

    

    This
      Non-Statutory Stock Option Agreement (the "Agreement") is made and entered
      into
      as of the Date of Grant indicated in the attached Notice of Grant of Stock
      Options (the "Grant Notice") by and between Building Materials Holding
      Corporation, a Delaware corporation (the "Company"), and the person named as
      Optionee.

    

    RECITALS

    

    WHEREAS,
      Optionee is an employee, officer or consultant of the Company and/or one or
      more
      of its parents or subsidiaries; and

    

    WHEREAS,
      pursuant to the Company's 2000 Stock Incentive Plan (the "Plan"), the committee
      of the Board of Directors of the Company administering the Plan (the
      "Committee") or the Board of Directors (the “Board”) has approved the grant to
      Optionee of an option to purchase shares of the common stock of the Company
      (the
      "Common Stock"), on the terms and conditions set forth herein.

    

    AGREEMENT 

    

    NOW,
      THEREFORE, in consideration of the foregoing recitals and the covenants set
      forth herein, the parties hereto hereby agree as follows:

    

    1.    Grant
      of Option; Certain Terms and Conditions.
      The
      Company hereby grants to Optionee, and Optionee hereby accepts, as of the Date
      of Grant, an option to purchase the number of shares of Common Stock indicated
      in the Grant Notice (the "Option Shares") at the Exercise Price per share
      indicated in the Grant Notice, which option shall expire at 5:00 o'clock
      p.m., California time on the Expiration Date indicated in the Grant Notice
      and
      shall be subject to all of the terms and conditions set forth in this Agreement
      (the "Option"). The vesting of the Option Shares shall occur as set forth in
      the
      Grant Notice. This Option is not intended to qualify as an incentive stock
      option under Section 422 of the Internal Revenue Code (the
      "Code").

    

    2.    Acceleration
      and Termination of Option.

    

    (a)    Termination
      of Employment or Association.

    

    (i)    Death
      or Permanent Disability.
      If
      Optionee shall cease to be an employee of the Company and/or any of its parents
      or subsidiaries ("Employment") or cease to be a consultant of the Company and/or
      any of its parents or subsidiaries ("Association") (in either case, a
      "Termination") by reason of the death or permanent disability of Optionee,
      then
      (A) the portion of this Option that has not vested on or prior to the date
      of such Termination of Employment or Association shall terminate on such date
      and (B) the remaining vested portion of this Option shall terminate upon
      the earlier of the Expiration Date or the date which is twelve (12) months
      after the date of such Termination of Employment or Association. Optionee shall
      not be deemed to have a permanent disability until proof of the existence
      thereof shall have been furnished to the Committee or Board in such form and
      manner, and at such times, as the Committee or Board may require. Any
      determination by the Committee or Board that Optionee does or does not have
      a
      permanent disability shall be final and binding upon the Company and the
      Optionee.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    (ii)    Retirement
      After Age 65.
      If
      Optionee's Employment is Terminated by reason of Optionee's retirement in
      accordance with the Company's then-current retirement policy (or the
      then-current retirement policy of any of the Company's parents or subsidiaries,
      if applicable) after age 65 ("Retirement"), then (A) the portion of
      the Option that has not vested on or prior to the date of such Retirement shall
      terminate on such date and (B) the remaining vested portion of the Option
      shall terminate upon the earlier of the Expiration Date or the date which is
      three (3) years after the date of such Retirement. Employees retiring at
      age 60 or above with at least 15 years of service will vest 50 percent of their
      unvested options. An additional five percent will be added for each year of
      service beyond 15 years, with full vesting after 25 years of service, provided
      retirement is on or after age 60. Services includes the Company and predecessor
      company service.

    

    (iii)    Termination
      for Cause.
      If
      Optionee's Employment or Association is Terminated for Cause (as defined in
      the
      Plan), then this Option shall terminate upon the date of such Termination of
      Employment or Association and shall cease to be exercisable.

    

    (iv)    Other
      Termination.
      If
      Optionee's Employment or Association is Terminated for no reason, or for any
      reason other than Retirement, death or permanent disability, or for Cause,
      then
      (A) the portion of this Option that has not vested on or prior to the date
      of such Termination of Employment or Association shall terminate on such date
      and (B) the remaining vested portion of this Option shall terminate upon
      the earlier of the Expiration Date or the date which is three (3) months
      after the date of such Termination of Employment or Association.

    

    (b)    Events
      Causing Acceleration of Option.
      The
      Committee or Board, in its sole discretion, may accelerate the exercisability
      of
      this Option at any time and for any reason. In the event of a Change in Control
      of the Company, this Option shall become immediately exercisable in full. A
      Change in Control shall be deemed to have occurred if: (i) there shall be
      consummated (x) any consolidation or merger of the Company in which the Company
      is not the continuing or surviving corporation or pursuant to which shares
      of
      the Company's Common Stock would be converted into cash, securities or other
      property, other than a merger of the Company in which the holders of the
      Company's Common Stock immediately prior to the merger have the same
      proportionate ownership of common stock of the surviving corporation immediately
      after the transaction or (y) any sale, lease, exchange or other transfer (in
      one
      transaction or a series of related transactions) of all or substantially all
      the
      assets of the Company; or (ii) the stockholders of the Company approve a plan
      or
      proposal for the liquidation or dissolution of the Company; or (iii) any
      'person' (as defined in Section 13(d) or 14(d) of the Securities Exchange Act
      of
      1934, as amended (the "Exchange Act") shall become the 'beneficial owner' (as
      defined in Rule 13d-3 under the Exchange Act) directly or indirectly or fifty
      percent (50%) or more of the Company's outstanding Common Stock or (iv) during
      any period of two consecutive years, individuals who at the beginning of such
      period constitute the entire Board of Directors shall cease for any reason
      to
      constitute a majority thereof, unless the election or the nomination for
      election by the Company's stockholders, of each new director was approved by
      a
      vote of at least two-thirds of the directors then still in office who were
      directors at the beginning of the period. Notwithstanding the above, a Change
      of
      Control shall not be deemed to have occurred in connection with a transaction
      resulting in a merger, consolidation, sale of assets or sale of securities
      if
      such transaction has been initiated (in contrast to an action in response to
      or
      resulting from receipt of an offer or its equivalent from a third party) at
      the
      direction of the Board of Directors acting with the approval of a majority
      of
      the independent directors.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    (c)    Other
      Events Causing Acceleration and Termination of Option.
      In the
      event of (a) a dissolution or liquidation of the Company, or (b) a
      merger or consolidation in which the Company is not the surviving corporation,
      the Company shall give to the Optionee, at the time of adoption of the plan
      for
      liquidation, dissolution, merger or consolidation, either: a reasonable time
      thereafter within which to exercise this Option, prior to the effectiveness
      of
      such liquidation, dissolution, merger or consolidation, at the end of which
      time
      this Option shall terminate; or the right to exercise this Option as to an
      equivalent number of shares of stock of the corporation succeeding the Company
      or acquiring its business by reason of such liquidation, dissolution, merger
      or
      consolidation.

    

    3.    Adjustments.
      In the
      event that the outstanding securities of the class then subject to this Option
      are increased, decreased or exchanged for or converted into cash, property
      and/or a different number of kind of securities, or cash, property and/or
      securities are distributed in respect of such outstanding securities, in either
      case as a result of a reorganization, merger, consolidation, recapitalization,
      reclassification, dividend (other than a regular, quarterly cash dividend)
      or
      other distribution, stock split, reverse stock split or the like, or in the
      event that substantially all of the property and assets of the Company are
      sold,
      then, unless such event shall cause this Option to terminate pursuant to
      Section 2(c) hereof, the Committee or Board shall make appropriate and
      proportionate adjustments in the number and type of shares or other securities
      or cash or other property that may thereafter be acquired upon the exercise
      of
      this Option; provided, however, that any such adjustments in this Option shall
      be made without changing the aggregate Exercise Price of the then unexercised
      portion of this Option. In the event any fractional shares of stock would result
      on account of any such adjustment, then the number of shares shall be rounded
      upward to the nearest whole share.

    

    4.    Manner
      of Exercise.
      This
      Option shall be exercisable during Optionee's lifetime only by Optionee, and
      after Optionee's death only by the person or entity entitled to do so under
      Optionee's last will and testament or applicable to intestate law. This Option
      may be exercised with respect to all or any part of the Option Shares then
      subject to such exercise as follows:

    

    (a)    By
      giving
      the Company written notice of such exercise specifying the number of the Option
      Shares as to which the Option is so exercised and accompanied by an amount
      equal
      to the aggregate Exercise Price of such shares, in the form of any one or
      combination of (i) cash, a certified check or postal or express money order
      payable to the order of the Company in lawful money of the United States,
      (ii) shares of Common Stock previously acquired by Optionee, in
      satisfaction of all or a portion of such aggregate Exercise Price; and any
      Common Stock so delivered shall be valued at its Fair Market Value (as defined
      in the Plan) on the date of exercise, or (iii) delivery of a properly
      executed exercise notice together with such other documentation as the Committee
      or Board and the broker, if applicable, shall require to effect an exercise
      of
      the Option and delivery to the Company of the sale proceeds required to pay
      the
      aggregate Exercise Price.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    (b)    If
      required by the Company, by giving satisfactory assurance in writing, signed
      by
      Optionee or his or her legal representative, that such shares are not being
      purchased with a view to the distribution thereof; provided, however, that
      such
      assurance shall be deemed inapplicable to (1) any sale of such shares by
      the Optionee subject to a registration statement covering such sale, which
      has
      heretofore been (or may hereafter be) filed and become effective under the
      Securities Act of 1933, as amended (the "Securities Act"), and with respect
      to
      which the registration statement is current and no stop order suspending the
      effectiveness thereof has been issued, and (2) any other sale of such
      shares with respect to which, in the opinion of counsel for the Company, such
      assurance is not required to be given in order to comply with the provisions
      of
      the Securities Act.

    

    As
      soon
      as practicable after receipt of such written notice from Optionee, the Company
      shall, without transfer or issue tax or other incidental expenses to Optionee,
      deliver to Optionee at the office of the Company, or such other place as may
      be
      mutually acceptable to the Company and Optionee, a certificate or certificates
      for such shares, which certificate or certificates may bear such legend or
      legends with respect to restrictions on transfer as counsel for the Company
      deems to be required by applicable provisions of law and this Agreement;
      provided, however, that nothing herein shall be deemed to impose upon the
      Company any obligation to deliver any shares of Common Stock to the Optionee
      if,
      in the opinion of counsel, for the Company, doing so would violate any provision
      of: (i) the Securities Act; (ii) the Exchange Act; (iii) any
      applicable listing requirements of any national securities exchange;
      (iv) any state securities regulation or "Blue Sky" laws; or
      (v) requirements under any other law or regulation applicable to the
      issuance or transfer of such shares. In no event shall the Company be required
      to take any affirmative action to comply with any of such laws, regulations
      or
      requirements, nor shall the Company be liable for any failure to deliver shares
      of Common Stock because such shares have not been registered or because a
      registration statement with respect thereto is not current or because such
      delivery would otherwise be in violation of any applicable law or
      regulation.

    

    5.    Payment
      of Withholding Taxes.
      By
      accepting this Option, the Optionee, both personally and on behalf of any person
      to whom Optionee, both personally and on behalf of any person to whom Optionee's
      rights under this Option shall pass by will or the laws of descent and
      distribution, agrees that, if the Company so requires, whenever Option Shares
      are to be issued by reason of the exercise of this Option, the Optionee or
      such
      other person who is to receive such stock will remit to the Company, prior
      to
      the delivery of any certificate or certificates for such shares, all or any
      part
      of an amount determined by the Company in its discretion to be sufficient to
      satisfy federal, state and local withholding tax requirements which the Company,
      or its counsel, determine may be payable with respect to such exercise. Such
      withholding may be paid in cash, by check payable to the Company, or by delivery
      of shares of the Company's Common Stock, valued at the Fair Market Value of
      such
      Common Stock on the date of delivery or by surrender of a portion of this
      Option.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    6.    Notices.
      All
      notices and other communications required or permitted to be given pursuant
      to
      this Agreement shall be in writing and shall be deemed given if delivered
      personally or five (5) days after mailing by certified or registered mail,
      postage prepaid, return receipt requested, to the Company at Four Embarcadero
      Center, Suite 3250, San Francisco, CA 94111, Attention: Ellis C. Goebel, or
      to
      Optionee at the address set forth in the Grant Notice, or at such other
      addresses as they may designate by written notice in the aforesaid
      manner.

    

    7.    Restrictions
      on Transfer.
      Under
      the Plan, options are subject to limited transferability by the original option
      holder subject to the approval of the Committee or Board of
      Directors.

    

    8.    The
      Plan.
      This
      Option is granted pursuant to the Plan, as in effect on the Date of Grant,
      and
      is subject to all the terms and conditions of the Plan, as the same may be
      amended from time to time; provided, however, that no such amendment shall
      deprive Optionee, without his or her consent, of this Option or of any of
      Optionee's rights under this Agreement. The interpretation and construction
      by
      the Committee or Board of the Plan, this Agreement, this Option and such rules
      and regulations as may be adopted by the Committee or Board for the purpose
      of
      administering the Plan shall be final and binding upon Optionee. Until this
      Option shall expire, terminate or be exercised in full, the Company shall,
      upon
      written request therefor, send a copy of the Plan, in its then-current form,
      to
      Optionee or any other person or entity then entitled to exercise this Option.
      Each capitalized term used herein but not defined herein shall have the meaning
      ascribed thereto in the Plan.

    

    9.    Stockholder
      Rights.
      No
      person or entity shall be entitled to vote, receive dividends or be deemed
      for
      any purpose the holder of any Option Shares until this Option shall have been
      duly exercised to purchase such Option Shares in accordance with the provisions
      of this Agreement.

    

    10.    Employment
      or Association Rights; Other Plans.
      No
      provision of this Agreement or of this Option granted hereunder shall
      (a) confer upon Optionee any right to continue in the employ of or to
      associate with the Company or any of its parents or subsidiaries,
      (b) affect the right of the Company and each of its parents and
      subsidiaries to terminate the Employment or Association of Optionee, with or
      without cause, or (c) confer upon Optionee any right to participate in any
      employee welfare or benefit plan or other program of the Company or any of
      its
      parents or subsidiaries other than the Plan. Nothing in this Agreement is
      intended to be a substitute for, or shall preclude or limit the establishment
      or
      continuation of, any other plan, practice or arrangement for the payment of
      compensation or benefits to Optionees generally, which the Company or its
      parents or subsidiaries now has or may hereafter lawfully put into effect,
      including, without limitation, any retirement, pension, insurance, stock
      purchase, incentive compensation or bonus plan. Optionee hereby acknowledges
      and
      agrees that the Company and each of its parents and subsidiaries may terminate
      the Employment or Association of Optionee at any time and for any reason, or
      for
      no reason, unless Optionee and the Company or such parent or subsidiary are
      parties to a written employment or other agreement that expressly provides
      otherwise.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    11.    Binding
      Effect of Agreement.
      This
      Agreement shall be binding upon and inure to the benefit of any successors
      and
      assigns of the Company or its parents or subsidiaries, and upon Optionee and
      Optionee's heirs, executors, administrators, personal representatives, permitted
      assignees and successors in interest.

    

    12.    Governing
      Law.
      This
      Agreement and the Option granted hereunder shall be governed by and construed
      and enforced in accordance with the laws of the State of Delaware, excluding
      the
      choice of law provisions thereof.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00098-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00098-of-00352.parquet"}]]