Document:

Exhibit 4.1

 

 
  
 016570|
003590|127C|RESTRICTED||4|057-423 
 ORDINARY SHARES 
 PAR VALUE $0.001 
 ORDINARY SHARES 
 THIS CERTIFICATE IS TRANSFERABLE IN CANTON, MA, JERSEY CITY, NJ AND GOLDEN, CO 

TRI-TECH 
 Certificate Number 
 ZQ 000000 
 Shares 
 * * 6 0 0 6 2 0 * * * * * * 
 * * * 6 0 0 6 2 0 * * * * * 
 * * * * 6 0 0 6 2 0 * * * * 
 * * * * * 6 0 0 6 2 0 * * * 
 * * * * * * 6 0 0 6 2 0 * * 
 TRI-TECH HOLDING INC. 
 INCORPORATED UNDER THE LAWS OF THE CAYMAN ISLANDS 
 THIS CERTIFIES THAT 
 ** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr.
Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample
**** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David
Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander
David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr.
Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample
**** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Sample **** Mr. Sample 
 MR. SAMPLE & MRS. SAMPLE & MR. SAMPLE & MRS. SAMPLE 
 CUSIP G9103F 10 6 
 SEE REVERSE FOR CERTAIN DEFINITIONS 
 is the owner of 
 **600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares***
*600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****
600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****6
00620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****60
0620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600
620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares***600620**Shares****600620**Shares****60062
0**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620
**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620*
*Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**
Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**S
hares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Sh 
 ***SIX HUNDRED THOUSAND SIX HUNDRED AND TWENTY*** 
 FULLY-PAID AND NON-ASSESSABLE SHARES OF THE
ORDINARY SHARES OF 
 Tri-Tech Holding Inc. (hereinafter called the “Company”), transferable on the books of the
Company in person or by duly authorized attorney, upon surrender of this Certificate properly endorsed. This Certificate and the shares represented hereby, are issued and shall be held subject to all of the provisions of the Articles and Memorandum
of Association, as amended, of the Company (copies of which are on file with the Company and with the Transfer Agent), to all of which each holder, by acceptance hereof, assents. This Certificate is not valid unless countersigned and registered by
the Transfer Agent and Registrar. 
 Witness the facsimile seal of the Company and the facsimile signatures of its duly
authorized officers. 
 Warren Zhao 
 Chief Executive Officer 
 Peter Dong 
 Chief Financial Officer 
 DATED <<Month Day, Year>> 
 COUNTERSIGNED AND REGISTERED: 
 COMPUTERSHARE TRUST COMPANY, N.A. 
 TRANSFER AGENT AND REGISTRAR, 
 By 
 AUTHORIZED SIGNATURE 
 Tri-Tech Holding Inc. 
 Cayman Islands 
 CORPORATE SEAL 
 2009 
 SECURITY INSTRUCTIONS ON REVERSE 
 1234567 
 TRI-TECH 
 PO BOX 43004, Providence, RI 02940-3004 
 MR A SAMPLE 
 DESIGNATION (IF ANY) 
 ADD 1 
 ADD 2 
 ADD 3 
 ADD 4 
 CUSIP
G9103F 10 6 
 Holder ID XXXXXXXXXX 
 Insurance Value 1,000,000.00 
 Number of Shares 123456 
 DTC 12345678 123456789012345 
 Certificate Numbers Num/No Denom. Total. 
 1234567890/1234567890 1 1 1 
 1234567890/1234567890 2 2 2 
 1234567890/1234567890 3 3 3 
 1234567890/1234567890 4 4 4 
 1234567890/1234567890 5 5 5 
 1234567890/1234567890 6 6 6 
 Total Transaction 7 

 

 
  
 TRI-TECH HOLDING
INC. 
 THE COMPANY WILL FURNISH WITHOUT CHARGE TO EACH SHAREHOLDER WHO SO REQUESTS, A SUMMARY OF THE POWERS, DESIGNATIONS,
PREFERENCES AND RELATIVE, PARTICIPATING, OPTIONAL OR OTHER SPECIAL RIGHTS OF EACH CLASS OF STOCK OF THE COMPANY AND THE QUALIFICATIONS, LIMITATIONS OR RESTRICTIONS OF SUCH PREFERENCES AND RIGHTS, AND THE VARIATIONS IN RIGHTS, PREFERENCES AND
LIMITATIONS DETERMINED FOR EACH SERIES, WHICH ARE FIXED BY THE ARTICLES AND MEMORANDUM OF ASSOCIATION OF THE COMPANY, AS AMENDED, AND THE RESOLUTIONS OF THE BOARD OF DIRECTORS OF THE COMPANY, AND THE AUTHORITY OF THE BOARD OF DIRECTORS TO DETERMINE
VARIATIONS FOR FUTURE SERIES. SUCH REQUEST MAY BE MADE TO THE OFFICE OF THE SECRETARY OF THE COMPANY OR TO THE TRANSFER AGENT. THE BOARD OF DIRECTORS MAY REQUIRE THE OWNER OF A LOST OR DESTROYED STOCK CERTIFICATE, OR HIS LEGAL REPRESENTATIVES, TO
GIVE THE COMPANY A BOND TO INDEMNIFY IT AND ITS TRANSFER AGENTS AND REGISTRARS AGAINST ANY CLAIM THAT MAY BE MADE AGAINST THEM ON ACCOUNT OF THE ALLEGED LOSS OR DESTRUCTION OF ANY SUCH CERTIFICATE. 
 The following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were written
out in full according to applicable laws or regulations: 
 TEN COM - as tenants in common UNIF GIFT MIN ACT- Custodian

 (Cust) (Minor) 
 TEN ENT - as tenants by the entireties under Uniform Gifts to Minors Act 
 (State) 
 JT TEN - as joint tenants with right of survivorship UNIF TRF MIN ACT Custodian (until age. ) 
 and not as tenants in common (Cust) (Minor) 
 under Uniform Transfers to Minors Act. 
 (State) 
 Additional abbreviations may also be used though not in the above list. 
 PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE 
 For value received, hereby sell, assign and transfer unto 
 (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING POSTAL ZIP CODE, OF ASSIGNEE) 
 Shares of the ordinary shares represented by the within Certificate, and do hereby irrevocably constitute and appoint Attorney to transfer the said stock on the books of the within-named Corporation with full power of substitution in
the premises. 
 Dated: 20 
 Signature: 
 Signature: 
 Notice: The signature to this assignment must correspond with the name 
 as written upon the face of the certificate, in every particular, 
 without alteration or enlargement, or any change whatever. 
 Signature(s) Guaranteed: Medallion Guarantee Stamp 
 THE SIGNATURE(S) SHOULD
BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (Banks, 
 Stockbrokers, Savings and Loan Associations and Credit Unions)
WITH MEMBERSHIP IN AN APPROVED 
 SIGNATURE GUARANTEE MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15. 
 1234567 
 SECURITY INSTRUCTIONS 
 THIS IS WATERMARKED PAPER, DO NOT ACCEPT WITHOUT NOTING WATERMARK. HOLD TO LIGHT TO
VERIFY WATERMARK.Amended and Restated 1992 Employee Stock Purchase Plan

 Exhibit 10.4 
 NOVELLUS SYSTEMS, INC. 
 AMENDED AND RESTATED 1992 EMPLOYEE STOCK PURCHASE PLAN 
 (Amended and Restated Effective May 12, 2009) 
 The following constitute the provisions of the Amended and Restated 1992 Employee Stock Purchase Plan of Novellus Systems, Inc. 
 1. Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Subsidiaries with an opportunity to purchase Common Stock of the Company through accumulated payroll deductions. It
is the intention of the Company to have the Plan qualify as an “Employee Stock Purchase Plan” under Section 423 of the Internal Revenue Code of 1986, as amended. The provisions of the Plan shall, accordingly, be construed so as to
extend and limit participation in a manner consistent with the requirements of that section of the Code. 
 2. Definitions.

 (a) “Board” shall mean the Board of Directors of the Company. 
 (b) “Code” shall mean the Internal Revenue Code of 1986, as amended. 
 (c) “Common Stock” shall mean the Common Stock, no par value, of the Company. 
 (d) “Company” shall mean Novellus Systems, Inc., a California corporation. 
 (e) “Compensation” shall mean all regular straight time gross earnings, exclusive of payments for overtime, shift
premium, incentive compensation, incentive payments, bonuses, commissions or other compensation. 
 (f) “Continuous
Status as an Employee” shall mean the absence of any interruption or termination of service as an Employee. Continuous Status as an Employee shall not be considered interrupted in the case of a leave of absence agreed to in writing by the
Company, provided that such leave is for a period of not more than three (3) months or reemployment upon the expiration of such leave is guaranteed by contract or statute. Where the period of leave exceeds three (3) months and the
individual’s right to reemployment is not guaranteed either by statute or by contract, the employment relationship will be deemed to have terminated on the first day after such three (3) month leave, for purposes of determining eligibility
to participate in the Plan. 
 (g) “Designated Subsidiaries” shall mean the Subsidiaries which have been
designated by the Board from time to time in its sole discretion as eligible to participate in the Plan. 
 (h)
“Employee” shall mean any person, including an officer, who is customarily employed for at least twenty (20) hours per week and more than five (5) months in a calendar year by the Company or one of its Designated
Subsidiaries. 
 (i) “Exercise Date” shall mean the last day of each offering period of the Plan. 

(j) “Offering Date” shall mean the first day of each offering period of the Plan. 
 (k) “Plan” shall mean this 1992 Employee Stock Purchase Plan, as amended and restated. 
 (l) “Subsidiary” shall mean a corporation, domestic or foreign, of which not less than 50% of the voting shares are held
by the Company or a Subsidiary, whether or not such corporation now exists or is hereafter organized or acquired by the Company or a Subsidiary. 
 3. Eligibility. 
 (a) Any person who is an Employee as of the Offering Date of a given offering period shall
be eligible to participate in such offering period under the Plan, subject to the requirements of paragraph 5(a) and the limitations imposed by Section 423(b) of the Code. 
 (b) Any provisions of the Plan to the contrary notwithstanding, no Employee shall be granted an option under the Plan (i) if,
immediately after the grant, such Employee (or any other person whose stock would be attributed to such Employee pursuant to Section 424(d) of the Code) would own stock and/or hold outstanding options to purchase stock possessing five percent
(5%) or more of the total combined voting power or value of all classes of stock of the Company or of any subsidiary of the Company, or (ii) which permits his rights to purchase stock under all employee stock purchase plans (described in
Section 423 of the Code) of the Company and its subsidiaries to accrue at a rate which exceeds Twenty-five Thousand dollars ($25,000) of fair market value of such stock (determined at the time such option is granted) for each calendar year in
which such option is outstanding and exercisable at any time. 
  

 1 

 4. Offering Periods. The Plan shall be implemented by overlapping or consecutive offering periods
of no more than six (6) months duration until the Plan is terminated in accordance with paragraph 19 hereof. The Board of Directors of the Company shall have the power to change the duration of offering periods with respect to future offerings
without shareholder approval if such change is announced at least fifteen (15) days prior to the scheduled beginning of the first offering period to be affected. 
 5. Participation. 
 (a) An eligible Employee may become a participant in the Plan by
completing a subscription agreement authorizing payroll deduction on the form provided by the Company and filing it with the Company’s Human Resource department during the open enrollment period prior to the applicable Offering Date, unless a
later time for filing the subscription agreement is set by the Board for all eligible Employees with respect to a given offering. 
 (b) Payroll deductions for a participant shall commence on the first payroll following the Offering Date and shall end on the Exercise Date of the offering to which such authorization is applicable, unless sooner terminated by the
participant as provided in paragraph 10. 
 6. Payroll Deductions. 
 (a) At the time a participant files his subscription agreement, he shall elect to have payroll deductions made on each payday during the
offering period in an amount not exceeding fifteen percent (15%) of the Compensation which he received on the payday immediately preceding the Offering Date, and the aggregate of such payroll deductions during the offering period shall not
exceed the lesser of (i) 15% of his aggregate Compensation during said offering period, (ii) $5,000 or (iii) such lesser amount determined by the Board at least fifteen (15) days prior to the scheduled beginning of the first
offering period to be affected. 
 (b) All payroll deductions made by a participant shall be credited to his account under the
Plan. A participant may not make any additional payments into such account. 
 (c) A participant may discontinue his
participation in the Plan as provided in paragraph 10, or may lower, but not increase, the rate of his payroll deductions during the offering period by completing or filing with the Company a new authorization for payroll deduction. The change
in rate shall be effective fifteen (15) days following the Company’s receipt of the new authorization. 
 7. Grant of
Option. 
 (a) On the Offering Date of each offering period, each eligible Employee participating in the Plan shall be
granted an option to purchase (at the per share option price determined in accordance with paragraph 7(b), below) a number of shares of the Company’s Common Stock determined by dividing such Employee’s payroll deductions to be accumulated
during such offering period (not to exceed the amount determined in accordance with paragraph 6(a), above) by the option price per share determined in accordance with paragraph 7(b), below, subject to the limitations set forth in
paragraphs 3(b) and 12 hereof; provided, however, that the maximum number of shares that may be purchased by any Employee under any offering period is 1,000 shares. 
 (b) The option price per share of the shares offered in a given offering period shall be the lower of: (i) 85% of the fair market
value of a share of the Common Stock of the Company on the Offering Date; or (ii) 85% of the fair market value of a share of the Common Stock of the Company on the Exercise Date. The fair market value of the Company’s Common Stock on a
given date shall be determined by the Board in its good faith discretion; provided, however, that where there is a public market for the Common Stock, the fair market value per share shall be the closing bid price or last sale price of the Common
Stock for such date (or, if no closing bid or last sales price was reported on such date, on the last trading date such closing bid or last sales price was reported), as reported in the Wall Street Journal (or, if not so reported, as reported
in such other source as the Board deems reliable). 
 8. Exercise of Option. Unless a participant withdraws from the Plan as provided
in paragraph 10, his option for the purchase of shares will be exercised automatically on the Exercise Date of the offering period, and the maximum number of full shares subject to option will be purchased for him at the applicable option price
with the accumulated payroll deductions in his account. The shares purchased upon exercise of an option hereunder shall be deemed to be transferred to the participant on the Exercise Date. During his lifetime, a participant’s option to purchase
shares hereunder is exercisable only by him. 
 9. Delivery. After the Exercise Date of each offering period, the Company shall
arrange the delivery to each participant, or to a broker designated by the Company, as appropriate, of the shares purchased upon exercise of his option. Any cash remaining to the credit of a participant’s account under the Plan after a purchase
by him of shares at the termination of each offering period, or which is insufficient to purchase a full share of Common Stock of the Company, shall be returned to said participant. 
  

 2 

 10. Withdrawal; Termination of Employment. 
 (a) A participant may withdraw all but not less than all the payroll deductions credited to his account under the Plan at any time up to
fifteen (15) days prior to the Exercise Date of the offering period by giving written notice to the Company. All of the participant’s payroll deductions credited to his account will be paid to him after receipt of his notice of withdrawal
and his option for the current period will be automatically terminated, and no further payroll deductions for the purchase of shares will be made during the offering period. 
 (b) Upon termination of the participant’s Continuous Status as an Employee prior to the Exercise Date of the offering period for any
reason, including retirement or death, the payroll deductions credited to his account will be returned to him or, in the case of his death, to the person or persons entitled thereto under paragraph 14, and his option will be automatically
terminated. 
 (c) In the event an Employee fails to remain in Continuous Status as an Employee of the Company for at least
twenty (20) hours per week during the offering period in which the employee is a participant, he will be deemed to have elected to withdraw from the Plan and the payroll deductions credited to his account will be returned to him and his option
terminated. 
 (d) A participant’s withdrawal from an offering will not have any effect upon his eligibility to
participate in a succeeding offering or in any similar plan which may hereafter be adopted by the Company. If a participant withdraws from an offering, payroll deductions will not resume at the beginning of a succeeding offering period unless the
participant delivers to the Company a new subscription agreement in accordance with paragraph 5(a). 
 11. Interest. No interest
shall accrue on the payroll deductions of a participant in the Plan. 
 12. Stock. 
 (a) The maximum number of shares of the Company’s Common Stock which shall be made available for sale under the Plan shall be
7,900,000 shares, subject to adjustment upon changes in capitalization of the Company as provided in paragraph 18. If the total number of shares which would otherwise be subject to options granted pursuant to paragraph 7(a) hereof on the
Offering Date of an offering period exceeds the number of shares then available under the Plan (after deduction of all shares for which options have been exercised or are then outstanding), the Company shall make a pro rata allocation
of the shares remaining available for option grant in as uniform a manner as shall be practicable and as it shall determine to be equitable. In such event, the Company shall give written notice of such reduction of the number of shares subject to
the option to each Employee affected thereby and shall similarly reduce the rate of payroll deductions, if necessary. 
 (b)
The participant will have no interest or voting right in shares covered by his option until such option has been exercised. 
 (c) Shares to be delivered to a participant under the Plan will be registered in the name of the participant. 
 13.
Administration. The Plan shall be administered by the Board of the Company or a committee of members of the Board appointed by the Board. The administration, interpretation or application of the Plan by the Board or its committee shall be
final, conclusive and binding upon all participants. Members of the Board who are eligible Employees are permitted to participate in the Plan, provided that: 
 (a) Members of the Board who are eligible to participate in the Plan may not vote on any matter affecting the administration of the Plan
or the grant of any option pursuant to the Plan. 
 (b) If a Committee is established to administer the Plan, no member of the
Board who is eligible to participate in the Plan may be a member of the Committee. 
 14. Designation of Beneficiary. 
 (a) A participant may file a written designation of a beneficiary who is to receive any shares and cash, if any, from the
participant’s account under the Plan in the event of such participant’s death subsequent to the end of the offering period but prior to delivery to him of such shares and cash. In addition, a participant may file a written designation of a
beneficiary who is to receive any cash from the participant’s account under the Plan in the event of such participant’s death prior to the Exercise Date of the offering period. 
 (b) Such designation of beneficiary may be changed by the participant at any time by written notice. In the event of the death of a
participant and in the absence of a beneficiary validly designated under the Plan who is living at the time of such participant’s death, the Company shall deliver such shares and/or cash to the executor or administrator of the estate of the
participant, or if no such executor or administrator has been appointed (to the knowledge of the Company), the Company, in its discretion, may deliver such shares and/or cash to the spouse or to any one or more dependents or relatives of the
participant, or if no spouse, dependent or relative is known to the Company, then to such other person as the Company may designate. 
  

 3 

 15. Transferability. Neither payroll deductions credited to a participant’s account nor any
rights with regard to the exercise of an option or to receive shares under the Plan may be assigned, transferred, pledged or otherwise disposed of in any way (other than by will, the laws of descent and distribution or as provided in
paragraph 14 hereof) by the participant. Any such attempt at assignment, transfer, pledge or other disposition shall be without effect, except that the Company may treat such act as an election to withdraw funds in accordance with
paragraph 10. 
 16. Use of Funds. All payroll deductions received or held by the Company under the Plan may be used by the
Company for any corporate purpose, and the Company shall not be obligated to segregate such payroll deductions. 
 17. Reports.
Individual accounts will be maintained for each participant in the Plan. 
 18. Adjustments Upon Changes in Capitalization. Subject to
any required action by the shareholders of the Company, the number of shares of Common Stock covered by each option under the Plan which has not yet been exercised and the number of shares of Common Stock which have been authorized for issuance
under the Plan but have not yet been placed under option (collectively, the “Reserves”), as well as the price per share of Common Stock covered by each option under the Plan which has not yet been exercised, shall be proportionately
adjusted for any increase or decrease in the number of issued shares of Common Stocks resulting from a stock split, reverse stock split, stock dividend, combination or reclassification of the Common Stock, or any other increase or decrease in the
number of shares of Common Stock effected without receipt of consideration by the Company; provided, however, that conversion of any convertible securities of the Company shall not be deemed to have been “effected without receipt of
consideration”. Such adjustment shall be made by the Board, whose determination in that respect shall be final, binding and conclusive. Except as expressly provided herein, no issue by the Company of shares of stock of any class, or securities
convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number or price of shares of Common Stock subject to an option. 
 In the event of the proposed dissolution or liquidation of the Company, the offering period will terminate immediately prior to the consummation of such
proposed action, unless otherwise provided by the Board. In the event of a proposed sale of all or substantially all of the assets of the Company, or the merger of the Company with or into another corporation, each option under the Plan shall be
assumed by such successor corporation or a parent or subsidiary of such successor corporation, unless the Board, in the exercise of its sole discretion and in lieu of such assumption, determines to shorten the offering period then in progress by
setting a new Exercise Date (the “New Exercise Date”). If the Board shortens the offering period then in progress in lieu of assumption, the Board shall notify each participant in writing at least ten (10) business days prior to the
New Exercise Date, that the Exercise Date for the participant’s option has been changed to the New Exercise Date and that either : 
 (a) the participant’s option will be exercised automatically on the New Exercise Date, unless prior to such date the participant has withdrawn from the offering period as provided in Section 10; or

 (b) the Company shall pay to the participant on the New Exercise Date an amount in cash, cash equivalents, or property as
determined by the Board that is equal to the excess, if any, of (i) the fair market value of the shares subject to the option over (ii) the aggregate option price had the participant’s option been exercised automatically under part
(a) above. In addition, all remaining accumulated payroll deduction amounts shall be returned to the participant. 
 For purposes of
this paragraph 18, an option granted under the Plan shall be deemed to be assumed if the option is replaced with a comparable option with respect to shares of capital stock of the successor corporation or parent thereof. The determination of option
comparability shall be made by the Board and its determination shall be final, binding and conclusive on all persons. 
 The Board may, if it
so determines in the exercise of its sole discretion, also make provision for adjusting the Reserves, as well as the price per share of Common Stock covered by each outstanding option, in the event that the Company effects one or more
reorganizations, recapitalizations, rights offerings or other increases or reductions of shares of its outstanding Common Stock, and in the event of the Company being consolidated with or merged into any other corporation. 
 19. Amendment or Termination. The Board of Directors of the Company may at any time terminate or amend the Plan. Except as provided in
paragraph 18, no such termination can affect options previously granted, nor may an amendment make any change in any option theretofore granted which adversely affects the rights of any participant, nor may an amendment be made without prior
approval of the shareholders of the Company (obtained in the manner described in paragraph 21) if such amendment would: 
 (a) Increase the number of shares that may be issued under the Plan; 
 (b) Permit payroll deductions at a rate in
excess of the lesser of (i) fifteen percent (15%) of the participant’s Compensation or (ii) $5,000 per offering period; 
 (c) Change the designation of the employees (or class of employees) eligible for participation in the Plan; or 
  

 4 

 (d) If the Company has a class of equity securities registered under Section 12 of
the Securities Exchange Act of 1934, as amended (the “Exchange Act”) at the time of such amendment, materially increase the benefits which may accrue to participants under the Plan. 
 If any amendment requiring shareholder approval under this paragraph 19 of the Plan is made subsequent to the first registration of any class of
equity securities by the Company under Section 12 of the Exchange Act, such shareholder approval shall be solicited as described in paragraph 21 of the Plan. 
 20. Notices. All notices or other communications by a participant to the Company under or in connection with the Plan shall be deemed to have been duly given when received in the form specified by the Company
at the location, or by the person, designated by the Company for the receipt thereof. 
 21. Shareholder Approval. 
 (a) Continuance of the Plan shall be subject to approval by the shareholders of the Company within twelve (12) months before or after
the date the Plan is adopted. If such shareholder approval is obtained at a duly held shareholders’ meeting, it must be obtained by the affirmative vote of the holders of a majority of the votes cast at a shareholders’ meeting at which a
quorum representing a majority of all outstanding voting stock is, either in person or by proxy, present and voting on the Plan; or if such shareholder approval is obtained by written consent, it must be obtained by the written consent of the
holders of a majority of the outstanding shares of the Company entitled to vote on the Plan; provided, however, that approval at a meeting or by written consent may be obtained by a lesser degree of shareholder approval if the Board determines, in
its discretion after consultation with the Company’s legal counsel, that such a lesser degree of shareholder approval will comply with all applicable laws and will not adversely affect the qualification of the Plan under Section 423 of the
Code. 
 (b) If any required approval by the shareholders of the Plan itself or of any amendment thereto is solicited at any
time otherwise than substantially in accordance with Section 14(a) of the Exchange Act and the rules and regulations promulgated thereunder, then the Company shall, at or prior to the first annual meeting of shareholders held subsequent to the
granting of an option hereunder to an officer or director, do the following: 
 (i) furnish in writing to the holders entitled
to vote for the Plan substantially the same information which would be required (if proxies to be voted with respect to approval or disapproval of the Plan or amendment were then being solicited) by the rules and regulations in effect under
Section 14(a) of the Exchange Act at the time such information is furnished; and 
 (ii) file with, or mail for filing
to, the Securities and Exchange Commission four copies of the written information referred to in subsection (i) hereof not later than the date on which such information is first sent or given to shareholders. 
 22. Conditions Upon Issuance of Shares. Shares shall not be issued with respect to an option unless the exercise of such option and the issuance
and delivery of such shares pursuant thereto shall comply with all applicable provisions of law, domestic or foreign, including, without limitation, the Securities Act of 1933, as amended, the Securities Act of 1934, as amended, the rules and
regulations promulgated thereunder, and the requirements of any stock exchange upon which the shares may then be listed, and shall be further subject to the approval of counsel for the Company with respect to such compliance. 
 23. Term of Plan. The Plan shall become effective upon the earlier to occur of its adoption by the Board of Directors or its approval by the
shareholders of the Company as described in paragraph 21. It shall continue in effect for a term of twenty (20) years unless sooner terminated under paragraph 19. 
 24. Plan History. In May 1992 the Board adopted, and the shareholders approved, the Plan. In January 1995 the Board adopted, and in May 1995 the
shareholders ratified, an amendment to the Plan to increase the number of shares available for issuance under the Plan from 150,000 to 250,000 shares. In March 1996, the Board approved, and in May 1996 the shareholders ratified, an amendment to the
Plan to increase the number of shares available for issuance thereunder from 250,000 shares to 290,000 shares. In April 1997, the Board approved, and in May 1997 the shareholders ratified, an amendment to the Plan increasing the number of shares
available for issuance thereunder from 290,000 shares to 350,000 shares. In September 1997, the Company declared a stock split, thus increasing the number of shares reserved for issuance under the Plan to 700,000 shares. In March 1998, the Board
approved, and in May 1998 the shareholders ratified, an amendment to the Plan increasing the number of shares available for issuance thereunder from 700,000 shares to 950,000 shares. In February 1999, the Board approved, and in May 1999 the
shareholders ratified, an amendment to the Plan increasing the number of shares available for issuance thereunder from 950,000 shares to 1,300,000 shares. In December 1999, the Company declared a stock split, thus increasing the number of shares
reserved for issuance under the Plan to 3,900,000 shares. In March 2002, the Board approved, and in May 2002 the shareholders ratified, an amendment to the Plan increasing the number of shares available for issuance thereunder by 1,000,000 shares
from 3,900,000 shares to 4,900,000 shares. In March 2005, subject to shareholder approval, the Board approved an amendment to the Plan in order to (a) increase the number of shares available for issuance thereunder by 1,000,000 shares from
4,900,000 shares to 5,900,000 shares and (b) revise various administrative 

  

 5 

 
provisions of the Plan as well as the termination provisions (under paragraph 18 of the Plan) in the event of a sale of all or substantially all of the
assets of the Company or a merger of the Company. The amendment of the various administrative provisions and paragraph 18 of the Plan, if approved by the shareholders, shall be effective for offering periods beginning on or after May 1,
2005. In February 2007, the Board approved an amendment to the Plan increasing the number of shares available for issuance thereunder by 1,000,000 shares from 5,900,000 shares to 6,900,000 shares, which was approved by the Company’s
shareholders on May 11, 2007. On March 30, 2009, the Board approved an amendment to the Plan increasing the number of shares available for issuance thereunder by 1,000,000 shares from 6,900,000 to 7,900,000 shares, and if approved by the
shareholders, shall be effective for offering periods beginning on or after May 12, 2009. 
  

 6

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