Document:

FIRST
      AMENDMENT TO

    AMENDED
      AND RESTATED CREDIT AGREEMENT

    

    FIRST
      AMENDMENT, dated as of February 7,
      2008
      (this "Amendment"),
      to
      the Amended and Restated Credit Agreement, dated as of November 16, 2007 (the
      "Credit
      Agreement"),
      by and
      among the lenders identified on the signature pages hereof (such lenders,
      together with their respective successors and permitted assigns, are referred
      to
      hereinafter each individually as a "Lender" and collectively as the
      "Lenders"),
      WELLS
      FARGO FOOTHILL, INC., a
      California corporation, as the arranger and administrative agent for the Lenders
      (in such capacity, together with its successors and assigns in such capacity,
      "Agent"),
      CITICAPITAL
      COMMERCIAL CORPORATION, as
      syndication agent for the Lenders (in such capacity, together with its
      successors and assigns in such capacity, "Syndication
      Agent"),
      TAKE-TWO INTERACTIVE SOFTWARE, INC.,
      a
      Delaware corporation ("Parent"),
      and
      each of Parent's domestic Subsidiaries identified on the signature pages hereof
      as a Borrower (such Subsidiaries, together with Parent, are referred to
      hereinafter each individually as a "U.S.
      Borrower",
      and
      collectively, jointly and severally, as the "U.S.
      Borrowers"),
      TAKE
      TWO GB LTD.,
      a
      company
      incorporated under the laws of England and Wales (the "U.K.
      Borrower",
      and
      together with the U.S. Borrowers, each a "Borrower"
      and
      collectively, the "Borrowers"),
      and
      each of Parent's Subsidiaries identified on the signature pages hereof as a
      Guarantor (such Subsidiaries are referred to hereinafter each individually
      as a
      "Guarantor",
      and
      individually and collectively, jointly and severally, as the "Guarantors";
      and
      together with Borrowers, each a "Loan
      Party"
      and
      collectively, the "Loan
      Parties").

     

    WHEREAS,
      in accordance with Section 6 of the Fee Letter, the Loan Parties, the Agent
      and
      the Lenders agree to modify the Credit Agreement on and subject to the terms
      set
      forth herein;

     

    NOW
      THEREFORE, in consideration of the premises and other good and valuable
      consideration, the parties hereto hereby agree as follows:

     

    1. Definitions.
      Any
      capitalized term used herein and not defined shall have the meaning assigned
      to
      it in the Credit Agreement.

     

    2. Amendments.
      

     

    (a) Schedule
      1.1
      of the
      Credit Agreement is hereby amended by amending and restating the definition
      of
      "Applicable Margin" in its entirety to read as follows:

     

    ""Applicable
      Margin"
      means,
      as of any date of determination,

     

    (a) For
      the
      period from and including the Closing Date to but excluding the effective date
      of any determination of the Applicable Margin pursuant to clause (b) below,
      the
      applicable rate per annum set forth opposite Level I below (the "Initial
      Applicable Margin").
      

     

    (b) For
      each
      quarter thereafter, commencing on the first day of the first quarter that occurs
      six months after the Closing Date, the relevant Applicable Margin set forth
      in
      the table below that corresponds to the applicable average Liquidity for the
      immediately preceding thirty day period set forth opposite thereto.

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    
      	
              Level

            	
              30
                Day Average Liquidity

            	
              Applicable
                Margin in respect of Base Rate Loans

            	
              Applicable
                Margin in respect of LIBOR Rate Loans

               

            
	
              I

            	
              Less
                than or equal to $45,000,000

            	
              2.50%

            	
              3.75%

            
	
              II

            	
              Greater
                than $45,000,000 but less than or equal to $105,000,000

            	
              2.25%

            	
              3.50%

            
	
              III

            	
              Greater
                than $105,000,000

            	
              2.00%

            	
              3.25%

            

    

     

    (c) Notwithstanding
      the foregoing, upon the occurrence and during the continuance of an Event of
      Default, the Applicable Margin shall be set at Level I set forth in the table
      above."

     

    3. Conditions
      to Effectiveness.
      The
      effectiveness of this Amendment is subject to the fulfillment, in a manner
      satisfactory to the Agent and the Lenders, of each of the following conditions
      precedent (the date such conditions are fulfilled or waived by the Agent and
      the
      Lenders is hereinafter referred to as the "Amendment
      Effective Date"):
      

     

    (a) Representations
      and Warranties; No Event of Default.
      The
      representations and warranties
      herein,
      in Section 4 of the Credit Agreement and in each other Loan Document and
      certificate or other writing delivered to the Agent and the Lenders pursuant
      hereto on or prior to the Amendment Effective Date shall be true and correct
      in
      all material respects (except
      that such materiality qualifier shall not be applicable to any representations
      and warranties that already are qualified or modified by materiality in the
      text
      thereof) after
      giving effect to this Amendment on and as of the Amendment Effective Date as
      though made on and as of such date (except
      to the extent such representations and warranties expressly relate to an earlier
      date),
      and no
      Default or Event of Default shall have occurred and be continuing on the
      Amendment Effective Date or would result from this Amendment becoming effective
      in accordance with its terms.

     

    (b) Execution
      of Amendment.
      The
      Agent and the Lenders shall have executed this Amendment and shall have received
      a counterpart to this Amendment, duly executed by the Borrowers and each
      Guarantor.

     

    4. Representations
      and Warranties.
      Each of
      the Borrowers and the Guarantors represents and warrants as
      follows:

     

    (a) The
      execution, delivery and performance by the Borrowers or such 

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    Guarantor
      of this Amendment (including, without limitation, Section 5) and the performance
      by the Borrowers or such Guarantor of the Credit Agreement, as amended hereby,
      have been duly authorized by all necessary action, and the Borrowers or such
      Guarantor has all requisite power, authority and legal right to execute, deliver
      and perform this Amendment (including, without limitation, Section 5) and to
      perform the Credit Agreement, as amended hereby.

     

    (b) This
      Amendment and the Credit Agreement, as amended hereby, is a legal, valid and
      binding obligation of the Borrowers or such Guarantor, enforceable against
      the
      Borrowers or such Guarantor in accordance with the terms thereof, except as
      enforcement may be limited by equitable principles or by bankruptcy, insolvency,
      reorganization, moratorium, or similar laws relating to or limiting creditors'
      rights generally.

     

    (c) The
      representations and warranties contained in Section 4 of the Credit Agreement
      are true and correct in all material respects (except that such materiality
      qualifier shall not be applicable to any representations and warranties that
      already are qualified or modified by materiality in the text thereof) after
      giving effect to this Amendment on and as of the Amendment Effective Date as
      though made on and as of the Amendment Effective Date (except to the extent
      such
      representations and warranties expressly relate to an earlier date), and no
      Event of Default or Default has occurred and is continuing on and as of the
      Amendment Effective Date, or would result from this Amendment becoming effective
      in accordance with its terms.

     

    5. Release.
      Each
      of
      the Borrowers and the Guarantors may have certain Claims against the Released
      Parties, as those terms are defined below, regarding or relating to the Credit
      Agreement or the other Loan Documents. The Agent, the Lenders, the Borrowers
      and
      the Guarantors desire to resolve each and every one of such Claims in
      conjunction with the execution of this Amendment and thus each of the Borrowers
      and the Guarantors makes the releases contained in this Section 5. In
      consideration of the Agent and the Lenders entering into this Amendment and
      agreeing to substantial concessions as set forth herein, each of the Borrowers
      and the Guarantors hereby fully and unconditionally releases and forever
      discharges each of the Agent and the Lenders, and their respective directors,
      officers, employees, subsidiaries, branches, affiliates, attorneys, agents,
      representatives, successors and assigns and all persons, firms, corporations
      and
      organizations acting on any of their behalves (collectively, the "Released
      Parties"),
      of
      and from any and all claims, allegations, causes of action, costs or demands
      and
      liabilities, of whatever kind or nature, from the beginning of the world to
      the
      date on which this Amendment is executed, whether known or unknown, liquidated
      or unliquidated, fixed or contingent, asserted or unasserted, foreseen or
      unforeseen, matured or unmatured, suspected or unsuspected, anticipated or
      unanticipated, which the Borrowers or the Guarantors has, had, claims to have
      had or hereafter claims to have against the Released Parties by reason of any
      act or omission on the part of the Released Parties, or any of them, occurring
      prior to the date on which this Amendment is executed, including all such loss
      or damage of any kind heretofore sustained or that may arise as a consequence
      of
      the dealings among the parties up to and including the date on which this
      Amendment is executed, including the administration or enforcement of the
      Advances, the Obligations, the Credit Agreement or any of the Loan Documents
      (collectively, all of the foregoing, the "Claims").
      Each
      of the Borrowers and the Guarantors represents and warrants that it has no
      knowledge of any claim by it against the Released Parties or of any facts or
      acts of omissions of the Released Parties which on the date

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

    

     

    hereof
      would be the basis of a claim by the Borrowers
      or the Guarantors against the Released Parties which is not released hereby.
      Each of the Borrowers and the Guarantors represents and warrants that the
      foregoing constitutes a full and complete release of all Claims.

     

    6. Miscellaneous.

     

    (a) Continued
      Effectiveness of the Credit Agreement.
      Except
      as otherwise expressly provided herein, the Credit Agreement and the other
      Loan
      Documents are, and shall continue to be, in full force and effect and are hereby
      ratified and confirmed in all respects, except
      that on
      and
      after the Amendment Effective Date (i) all references in the Credit Agreement
      to
      "this Agreement", "hereto", "hereof", "hereunder" or words of like import
      referring to the Credit Agreement shall mean the Credit Agreement as amended
      by
      this Amendment, and (ii) all references in the other Loan Documents to the
      "Credit Agreement", "thereto", "thereof", "thereunder" or words of like import
      referring to the Credit Agreement shall mean the Credit Agreement as amended
      by
      this Amendment. To the extent that the Credit Agreement or any other Loan
      Document purports to pledge to Agent, or to grant to Agent, a security interest
      or lien, such pledge or grant is hereby ratified and confirmed in all respects.
      Except as expressly provided herein, the execution, delivery and effectiveness
      of this Amendment shall not operate as an amendment of any right, power or
      remedy of the Agent and the Lenders (including the Issuing Lender) under the
      Credit Agreement or any other Loan Document, nor constitute an amendment of
      any
      provision of the Credit Agreement or any other Loan Document.

     

    (b) Counterparts.
      This
      Amendment may be executed in any number of counterparts and by different parties
      hereto in separate counterparts, each of which shall be deemed to be an
      original, but all of which taken together shall constitute one and the same
      agreement. Delivery
      of an executed counterpart of this Amendment
      by
      telefacsimile or electronic mail shall be equally as effective as delivery
      of an
      original executed counterpart of this Amendment.

     

    (c) Headings.
      Section
      headings herein are included for convenience of reference only and shall not
      constitute a part of this Amendment for any other purpose.

     

    (d) Costs
      and Expenses.
      The
      U.S. Borrowers agree to pay on demand all reasonable fees, costs and expenses
      of
      the Agent and the Lenders in connection with the preparation, execution and
      delivery of this Amendment.

     

    (e) Amendment
      as Loan Document.
      The
      Borrowers and each Guarantor hereby acknowledge and agree that this Amendment
      constitutes a "Loan Document" under the Credit Agreement. Accordingly, it shall
      be an Event of Default under the Credit Agreement if (i) any representation
      or
      warranty made by the Borrowers or any Guarantor under or in connection with
      this
      Amendment shall have been untrue, false or misleading in any material respect
      when made, or (ii) the Borrowers or any Guarantor shall fail to perform or
      observe any term, covenant or agreement contained in this Amendment.

     

    (f) Governing
      Law.
      This
      Amendment shall be governed by the laws of the State of New York.

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    (g) Waiver
      of Jury Trial.
      THE
      PARTIES HERETO HEREBY IRREVOCABLY WAIVE
      THEIR RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED
      UPON OR ARISING OUT OF THIS AMENDMENT OR ANY OF THE TRANSACTIONS CONTEMPLATED
      HEREIN, INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND
      ALL
      OTHER COMMON LAW OR STATUTORY CLAIMS.

     

    [Remainder
      of this Page Intentionally Left Bank.]

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

        
        

      

    

    IN
      WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
      and delivered as of the date first above written.

    

    
      	 	
               

              U.S.
                BORROWERS:

            
	 	 
	 	
              TAKE-TWO
                INTERACTIVE SOFTWARE, INC., 

            
	 	
              a
                Delaware corporation

            
	 	 
	 	
              By:

            	
              /s/
                Lainie Goldstein

            
	 	
              Name:

            	
              Lainie
                Goldstein

            
	 	
              Title:

            	
              Chief
                Financial Officer

            
	 	 
	 	
              JACK
                OF ALL GAMES, INC.,

              a
                New York corporation

            
	 	 
	 	
              By:

            	
              /s/
                Lainie Goldstein

            
	 	
              Name:

            	
              Lainie
                Goldstein

            
	 	
              Title:

            	
              Chief
                Financial Officer

            

    

     

    
      	 	 U.K.
              BORROWER:
	 	 	 
	 	TAKE-TWO
              GB LIMITED
	 	a
              company incorporated under the laws of England and Wales
	 	 	 
	 	By: 	
              /s/
                Daniel P. Emerson

            
	 	Name: 	
              Daniel
                P. Emerson

            
	 	Title: 	
              Director

            
	 	 	 
	 	
               GUARANTORS:

               

            
	 	
              2K
                GAMES, INC.,

              a
                Delaware corporation

            
	 	
              2KSPORTS,
                INC.,

              a
                Delaware corporation

            
	 	
              FIRAXIS
                GAMES, INC.,

              a
                Delaware corporation

            
	 	
              FROG
                CITY SOFTWARE, INC.,

              a
                Delaware corporation

            
	 	 	 
	 	By: 	
              /s/
                Daniel P. Emerson

            
	 	Name: 	
              Daniel
                P. Emerson

            
	 	Title: 	
              Vice
                President

            

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	 	
              2K
                PLAY, INC.,

              a
                Delaware corporation

            
	 	
              INDIE
                BUILT, INC.,

              a
                Delaware corporation

            
	 	
              INVENTORY
                MANAGEMENT SYSTEMS, INC., 

              a
                Delaware corporation

            
	 	
              KUSH
                GAMES, INC.,

              a
                California corporation

            
	 	
              TAKE-TWO
                LICENSING, INC.,

              a
                Delaware corporation

            
	 	
              TALONSOFT,
                INC.,

              a
                Delaware corporation

            
	 	
              VISUAL
                CONCEPTS ENTERTAINMENT, 

              a
                California corporation

            
	 	
              VLM
                ENTERTAINMENT GROUP, INC.,

              a
                Delaware corporation

            

    

     

    
      	 	By: 	
              /s/
                Daniel P. Emerson

            
	 	Name: 	
              Daniel
                P. Emerson

            
	 	Title: 	
              Vice
                President

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      	 	 
	 	
              ROCKSTAR
                SAN DIEGO, INC.,

              a
                Virginia corporation

            
	 	
              2K
                BOSTON LLC,

              a
                Delaware limited liability company

            
	 	
              ROCKSTAR
                GAMES, INC.,

              a
                Delaware corporation

            

    

     

      	 	By: 	
              /s/
                Daniel P. Emerson

            
	 	Name: 	
              Daniel
                P. Emerson

            
	 	Title: 	
              Secretary

            

    

    
      	 	 
	 	
              CAT
                DADDY GAMES, L.L.C., 

              a
                Washington limited liability company

            
	 	 
	 	
              By:
                Take-Two Interactive Software, Inc., its sole 

              member

            
	 	 

    

    
      	 	By: 	
              /s/
                Daniel P. Emerson

            
	 	Name: 	
              Daniel
                P. Emerson

            
	 	Title: 	
              Vice
                President and Associate General
                Counsel

            

 

    
      	 	
              JOYTECH
                EUROPE LIMITED

              a
                company incorporated under the laws of England and
                Wales

            
	 	 

    

    
      	 	By: 	
              /s/
                Daniel P. Emerson

            
	 	Name: 	
              Daniel
                P. Emerson

            
	 	Title: 	
              Director

            

 

    
      	
            	
              TAKE
                TWO INTERACTIVE SOFTWARE EUROPE LIMITED

              a
                company incorporated under the laws of England and
                Wales

            
	 	 

      	 	By: 	
              /s/
                Daniel P. Emerson

            
	 	Name: 	
              Daniel
                P. Emerson

            
	 	Title: 	
              Director

            

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	 	
              DMA
                DESIGN HOLDINGS LIMITED

              a
                company incorporated under the laws of England and
                Wales

            
	 	 

    

    
      	 	By: 	
              /s/
                Daniel P. Emerson

            
	 	Name: 	
              Daniel
                P. Emerson

            
	 	Title: 	
              Director

            

 

    
      	 	
              ROCKSTAR
                LINCOLN LIMITED

              a
                company incorporated under the laws of England and
                Wales

            
	 	 

    

    
      	 	By: 	
              /s/
                Daniel P. Emerson

            
	 	Name: 	
              Daniel
                P. Emerson

            
	 	Title: 	
              Director

            

 

    
      	 	
              ROCKSTAR
                LEEDS LIMITED 

              a
                company incorporated under the laws of England and
                Wales

            
	 	 

    

    
      	 	By: 	
              /s/
                Daniel P. Emerson

            
	 	Name: 	
              Daniel
                P. Emerson

            
	 	Title: 	
              Director

            

 

    
      	 	
              ROCKSTAR
                LONDON LIMITED 

              a
                company incorporated under the laws of England and
                Wales

            
	 	 

    

    
      	 	By: 	
              /s/
                Daniel P. Emerson

            
	 	Name: 	
              Daniel
                P. Emerson

            
	 	Title: 	
              Director

            

 

    
      	 	
              ROCKSTAR
                NORTH LIMITED 

              a
                company incorporated under the laws of England and
                Wales

            
	 	 

    

    
      	 	By: 	
              /s/
                Daniel P. Emerson

            
	 	Name: 	
              Daniel
                P. Emerson

            
	 	Title: 	
              Director

            

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	 	
              ROCKSTAR
                INTERNATIONAL LIMITED 

              a
                company incorporated under the laws of England and
                Wales

            
	 	 

    

    
      	 	By: 	
              /s/
                Daniel P. Emerson

            
	 	Name: 	
              Daniel
                P. Emerson

            
	 	Title: 	
              Director

            

 

    
      	 	
              VENOM
                GAMES LIMITED 

              a
                company incorporated under the laws of England and
                Wales

            
	 	 

    

    
      	 	By: 	
              /s/
                Daniel P. Emerson

            
	 	Name: 	
              Daniel
                P. Emerson

            
	 	Title: 	
              Director

            

 

    
      	 	
              TAKE
                TWO INTERNATIONAL SA,

              a
                company incorporated under the laws of Switzerland

            
	 	 

    

    
      	 	By: 	
              /s/
                Daniel P. Emerson

            
	 	Name: 	
              Daniel
                P. Emerson

            
	 	Title: 	
              Director

            

 

    
      	 	
              2K
                MARIN, INC.,

              a
                Delaware corporation

            
	 	 

    

    
      	 	By: 	
              /s/
                Daniel P. Emerson

            
	 	Name: 	
              Daniel
                P. Emerson

            
	 	Title: 	
              Vice
                President

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	 	
              WELLS
                FARGO FOOTHILL, INC.,

              a
                California corporation, as Agent and as a Lender

            
	 	 
	 	
              By:

            	
              /s/
                Tiffany Ormon

            
	 	
              Name:

            	
              Tiffany
                Ormon

            
	 	
              Title:

            	
              Vice
                President

            
	 	 	 

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      	 	 
	 	
              CITICAPITAL
                COMMERCIAL CORPORATION,

              as
                a Lender

            
	 	 
	 	
              By:

            	
              /s/
                Doreen Amado

            
	 	
              Name:

            	
              Doreen
                Amado

            
	 	
              Title:

            	
              Vice
                PresidentUnassociated Document

     

    Exhibit
      10.1

    Innodata
      Isogen

    Incentive
      Compensation Plan 

    

    Part
      I -
      Incentive Compensation Plan Overview

    Part
      II -
      Incentive Compensation Plan Terms and Conditions

    Appendix
      A- Incentive Compensation Plan Acknowledgment 

     

    
      
        	
                Part
                  I

                 

                Incentive
                  Compensation Plan Overview 

              	 	 An
                overview of the Incentive Plan is presented in the following
                sections:
	
                 

              	 	Section	
                Description

              
	 	 	A.	
                Effective
                  Date

              
	 	 	B.	
                Purpose

              
	 	 	C.	
                Eligibility

              
	 	 	D.	
                Corporate
                  Objectives

              
	 	 	E.	
                Goals
                  and Target Incentives

              
	 	 	F.	
                Payment:
                  Calculation and Frequency

              
	
              	 	G.	
                Incentive
                  Plan Modifications

              
	 	 	 	 

      

    

    
      	
              A.
                Effective Date

            	 	
              This
                Incentive Compensation Plan (the “Plan”) is effective as of December 13,
                2007 (the “Effective Date”) and will continue until terminated by the
                Company.

            
	 	 	 
	
              B.
                Purpose

            	 	
              The
                Plan is a performance-based cash incentive plan designed to:

              ·  Build
                a business results-oriented culture by linking total compensation
                to
                measureable goal achievement

              ·  Motivate
                and retain employees by providing a competitive compensation
                package

            
	 	 	 

    

    
      
        	
                C. Eligibility

              	 	
                Employees
                  participating in the Plan will be identified and designated by
                  the
                  Company. To be eligible to participate, an employee must have signed
                  a
                  copy of the Incentive Compensation Plan Acknowledgement in the
                  form of
                  Appendix A and received a copy countersigned by the company CFO
                  (other
                  than with respect to acknowledgments from the Company’s executive officers
                  which must be countersigned by the Chairman of the Compensation
                  Committee
                  of the Board of Directors). This Plan supersedes all prior arrangements,
                  contractual or otherwise, for eligible participants.
                  

              

      

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

      
        	
                D. Corporate
                  Objectives

              	 	
                The
                  Plan and Goals (described below) are designed to support the corporate
                  objectives of the Company, including:

                ·  Achieving
                  profitable revenue growth

                o  Attaining
                  established revenue goals for each Plan period 

                o  Attaining
                  established profitability goals for each Plan period

                ·  Increasing
                  the level of ownership over business growth strategy, markets,
                  customers
                  and opportunities

                ·  Achieving
                  high levels of client satisfaction

              
	 	 	 
	
                E.
                  Goals and Target Incentives

              	 	
                For
                  each Plan period, participants will separately receive an incentive
                  compensation worksheet (each a “Worksheet”) containing their individual
                  goals and applicable Company financial goals for the Plan period
                  (“Goals”), as well as their incentive targets for the Plan period (“Target
                  Incentives”). The Target Incentives will be based on the employee’s
                  position with the Company, and will be a multiplier of the participant’s
                  base salary for the Plan period. Participants will earn Incentives
                  based
                  on the attainment of Goals. 

              
	 	 	 
	
                F. Payment:
                  Calculation and Frequency

              	 	
                Incentives
                  are earned at the conclusion of each Plan period, and are calculated
                  and
                  paid within approximately (i) four weeks of the conclusion of a
                  covered
                  quarterly Plan period; (ii) six weeks of the conclusion of a covered
                  semi-annual Plan period; and (iii) eight weeks of the conclusion
                  of a
                  covered annual Plan period, based on results for that period. All
                  Incentives are subject to applicable tax withholdings.

              
	 	 	 
	
                G. Incentive
                  Plan Modifications

              	 	
                The
                  Company reserves the right to amend, modify or discontinue the
                  Plan at any
                  time in its sole discretion.

              

      

      

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

      

    

    
      	
              Part
                II

               

              Incentive
                Compensation Plan Terms and Conditions

            	 	
              Definitions

               

              As
                used throughout this Plan, the term “Innodata Isogen” or “Company” shall
                collectively refer to Innodata Isogen, Inc. and its subsidiaries
                unless
                the context expressly provides otherwise.

               

              Interpretation
                and Administration

               

              The
                Plan will be interpreted and administered by the Compensation Committee
                with respect to executive officers of the Company, and by executive
                management, either directly or through designated subordinates or
                advisors, with respect to all other participants. Decisions of the
                Compensation Committee and executive management with respect to Incentive
                payments will be final, conclusive and binding.

               

              Relationship
                of Parties

               

              Nothing
                in the Plan shall be construed to imply the creation or existence
                of an
                employment contract between the Company and any participant, and
                the Plan
                shall not limit in any way the right of the Company to terminate
                a
                Participant’s employment at any time. 

               

              Effect
                of Termination

               

              Upon
                a participant’s termination of employment with the Company (voluntarily or
                involuntarily), the participant shall no longer be eligible to earn
                future
                Incentive payments. Incentives earned by a participant on or prior
                to a
                participant’s termination date shall be paid to the participant.
                

               

              Dispute
                Resolution

               

              The
                intent of the following procedure is to provide for a prompt and
                thorough
                review of all disputes regarding the administration and interpretation
                of
                the Plan. The participants and the Company agree that this procedure
                is
                mandatory and a prerequisite to any other remedy that might be
                available.

               

              Transactions
                affecting Incentive payouts are recorded by appropriate finance and
                management staff based upon the documentation in their possession.
                If, in
                fact, such documentation does not represent a fair and accurate
                description of events, the participant and/or his/her manager should
                take
                the following steps.

               

              A.
                Verbal Inquiry

               

              If
                a participant believes an Incentive modification is due, within 30
                days of
                the receipt of the Incentive payment in question, he/she must notify
                the
                plan administrator within the Finance Department (as designated by
                the
                CFO) or the Chairman of the Compensation Committee (with respect
                to
                executive officers) in writing of the reason for contesting the
                determination of the Incentive and provide supporting rationale and
                relevant documentation.

               

              The
                plan administrator will then review all available documentation and
                -
                within 30 days - either (i) confirm the findings of the appropriate
                finance and management staff (the Compensation Committee with respect
                to
                executive officers) and communicate such verbally to the participant,
                or
                (ii) issue a corrective action.

               

              B.
                Written Notification

               

              In
                the event the participant wishes to contest the findings of the plan
                administrator, the participant shall provide all appropriate documentation
                with a memo explaining his/her position to the Chief Financial Officer
                (the Chairman of the Compensation Committee with respect to executive
                officers) who will review the matter with all involved parties to
                determine the merit of the participant’s claims.

               

              If
                the CFO (the Chairman of the Compensation Committee with respect
                to
                executive officers) determines the claim has merit, the parties will
                pursue resolution by securing any subsequent documentation and approvals
                that are required and forward the package to the appropriate finance
                and
                management staff.

               

              If
                the CFO (the Chairman of the Compensation Committee with respect
                to
                executive officers) determines the claim does not have merit and
                should
                not be further reviewed, written notification which will represent
                the
                final determination of the Company, containing its reasoning, will
                be
                forwarded - within 30 days - to all involved parties.

               

              Any
                claim not submitted for resolution in accordance with the foregoing
                process is waived.

               

              Confidentiality

               

              Goals
                and Target Incentives are confidential matters between the participant
                and
                the Company, and may not be distributed or communicated by the participant
                in whole or in part to other persons inside or outside the Company,
                except
                as required by applicable law or statute with respect to executive
                officers of the Company.

               

              Governing
                Law

               

              With
                respect to participants employed in the United States, the Plan shall
                be
                governed by and construed under the laws of the State of New Jersey
                regardless of the laws that might otherwise govern under applicable
                choice-of-law principles. With respect to all other participants
                the Plan
                shall be governed by and construed under the laws of the jurisdiction
                in
                which the participant is last employed with the Company.

               

              If
                any provision of the Plan is held invalid, illegal, or unenforceable,
                the
                remaining provisions shall continue
                unimpaired.

            

    

    

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    Appendix
      A: Incentive
      Compensation Plan Acknowledgement

    

    The
      undersigned, an employee of Innodata Isogen, Inc. or its subsidiary
      (collectively, the “Company”) hereby acknowledges and agrees as
      follows:

    

    
      	1)  	
              I
                have received a copy of the Innodata Isogen Incentive Compensation
                Plan
                (the “Plan”). 

            

    

    
      	2)  	
              I
                have read the entire copy of the Plan and have received responses
                to any
                questions I had regarding the Plan.

            

    

    
      	3)  	
              I
                understand the Plan, including the Terms and Conditions set forth
                in
                Section II of the Plan, and agree to abide by the
                Plan.

            

    

    
      	4)  	
              I
                understand that the Plan and any Worksheet(s) provided to me are
                the sole
                governing documents between me and the Company with respect to my
                entitlement to receive incentive compensation and/or bonuses (collectively
                “Incentive Pay”) from the Company. I acknowledge that as of the date I am
                signing below (i) I am not owed any Incentive Pay from the Company;
                and
                (ii) I have no dispute or claim (asserted or unasserted) against
                the
                Company related to Incentive Pay and/or the administration or
                communication of programs or arrangements related
                thereto.

            

    

    
      	5)  	
              I
                understand that the Plan and any Worksheet(s) provided to me may
                be
                amended, modified or discontinued by Innodata Isogen at any time
                and in
                Innodata Isogen’s sole discretion.

            

    

     

    Acknowledged
      and Agreed:

    

    _____________________

    Participant:

    

    Date:_______________________________

     

    Receipt
      Acknowledged:

    

    Innodata
      Isogen, Inc.

    

    By______________________  
      Date:________________________     

    Its:
      Chairman of the Compensation Committee

    

    Or
      

    

    By______________________  Date:________________________   

    Its:
      CFO

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00136-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00136-of-00352.parquet"}]]