Document:

EXHIBIT 10.1

             FIRST AMENDMENT TO LEASE AGREEMENT DATED MARCH 30, 2004
        ***************************************************************

         This First Amendment Agreement made on this 16th day of April, 2008, by
and between the Goldberg Brothers Real Estate LLC, a Delaware Company, Steven J.
Goldberg and William H. Goldberg, being Co-Managers, whose current business
address is Goldberg Properties Management Inc., Harbor Place, 7 Rantoul Street,
Beverly, Essex County, Massachusetts, the Landlord, and TVCM, Inc., a Delaware
Corporation, whose current business address is 40 Eastern Avenue, Malden,
Massachusetts, 02148-9104, the Tenant.

         Tenant hereby attests, warrants and affirms that TVCM, Inc. merged with
and into its parent company, Cross Country Healthcare, Inc., (a Delaware
Corporation traded on NASDAQ under the symbol "CCRN" on November 7, 2007 and
that Cross Country Healthcare, Inc. assumed all of Tenant's obligations under
the Lease as a result of such merger.

         As used herein, Tenant means Cross Country Healthcare, Inc., as
successor in interest to TVCM, Inc..

         Tenant hereby attests, warrants and affirms that Edward R. Spadoni has
the authority to execute this First Amendment Agreement on behalf of Tenant and
bind Tenant to the terms hereof.

         Landlord hereby attests, warrants and affirms that Steven J. Goldberg
and William H. Goldberg as Co-Managers have the authority to execute this First
Amendment Agreement on behalf of Landlord and bind Landlord to the terms hereof.

         Whereas, the Landlord and Tenant entered into a Lease Agreement dated
March 30, 2004 for portions of the premises in the property addressed 30-40
Eastern Avenue, Malden, Massachusetts, 02148, more specifically identified as
follows;

                  Unit              Square Footage
                  F-101            1,656+/- sq. ft.

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APRIL 16, 2008

                  F-102     2,650+/- sq. ft.
                  F-103     1,350+/- sq. ft.
                  F-104     3,301+/- sq. ft.
                  F-104A    1,200+/- sq. ft.
                  S-201    10,051+/- sq. ft.
                  T-301    10,051+/- sq. ft.
                  B-101     1,200+/- sq. ft.
                  BB-101      203+/- sq. ft.

         Whereas, this Lease Agreement now terminates on June 30th 2009.

         Whereas Landlord and Tenant have agreed to make certain modifications
to this Lease Agreement which are detailed within this First Amendment.

         It being specifically understood and agreed all non-modified provisions
of this Lease Agreement shall remain in full force and effect during the

existing Lease Term, the extended Lease Term or any Lease Term extensions by
Tenant exercising his option(s).

     Now therefore, in consideration of the mutual covenants herein contained
and other goods and valuable consideration, the receipt and sufficiency of which
is hereby acknowledged, the parties agree to the following;

     1.   TO EXTEND THE TERMINATION DATE OF THIS LEASE AGREEMENT FROM JUNE 30,
          2009 TO JUNE 30, 2012.

     2.   TO DELETE CLAUSE 2. TERM AND BASE RENT: AND REPLACE THIS CLAUSE WITH
          THE FOLLOWING:

2. TERM AND BASE RENT:

         Tenant covenants and agrees to pay rent to Landlord at Landlord's
mailing address (Goldberg Brothers Real Estate LLC, 7 Rantoul Street, Suite 100
B, Beverly, Massachusetts, 01915) or to such person or entity at such other
address as Landlord may from time to time direct in writing. All monetary
payments to Landlord are to be made payable to the GOLDBERG BROTHERS REAL ESTATE
LLC.

         Tenant's revised Lease term is for a four year three month period
commencing April 1, 2008 and expiring June 30th 2012.

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         Tenant shall pay Landlord a MINIMUM base rent of ONE MILLION EIGHT
HUNDRED AND EIGHT THOUSAND EIGHT HUNDRED AND EIGHTY EIGHT DOLLARS AND 45/00
CENTS ($1,808,888.45) payable in monthly installments as follows;

                                Monthly           Annually
                              ----------        -------------
04/01/08 - 06/30/08           $33,991.41        $  101,998.23
07/01/08 - 06/30/09           $33,999.41        $  407,992.94
07/01/09 - 06/30/10           $35,019.39        $  420,232.71   3.00% Increase
07/01/10 - 06/30/11           $36,069.97        $  432,839.69   3.00% Increase
07/01/11 - 06/30/12           $37,152.07        $  445,824.88   3.00% Increase
Total Lease Term Base Rent:                     $1,808,888.45

         In addition to the above base rent the Tenant covenants and agrees to
pay Landlord all other sums and additional rents that may become due as set
forth in this lease.

         All Base Rent shall be due on the first day of each month in advance.
If this lease shall commence on any day other than the first day of the month,
then that month's Base Rent shall be pro-rated so all future monthly rents will
be due on the first of the month.

         Tenant shall immediately pay to Landlord a penalty of One Hundred
($100.00) Dollars each time that Tenant issues and delivers to Landlord a check
or draft that is not honored for any reason or returned for insufficient funds
by Tenant's financial institution. If Tenant does not pay this penalty and
replace said "bounced check" within Ten (10) days of written notification from
Landlord then such inaction by Tenant shall be considered a material breach of
this lease which may result in its early termination.

         Should Landlord not receive Tenant's monthly rental payment
"IN HAND" on or before the 10th day of the month, then Tenant shall pay to
Landlord as additional rent, a late penalty fee of Five Hundred ($500.00)
dollars. If Tenant does not pay this late fee and past due rent within Ten (10)
days after Tenant's receipt of written notification from Landlord, such inaction
by Tenant shall be considered a material breach of this lease which may result
in its early termination.

3. TO DELETE CLAUSE 3. OPTION TO EXTEND LEASE TERM: AND REPLACE THIS CLAUSE WITH
THE FOLLOWING:

3. OPTION TO EXTEND LEASE TERM:

         Tenant shall have the right to extend the Lease Term with respect to
all space leased hereunder for TWO (2) successive ONE (1) year terms (the
"Option Period") provided Tenant meets and adheres to the following conditions:

         A:       Tenant sends and Landlord receives on or before nine months
                  (5:00 PM September 30th) prior to the then Lease expiration
                  date written notice via certified mail, return receipt
                  requested or by nationally-recognized overnight delivery
                  service providing a receipt for delivery, a notice evidencing
                  Tenant's intent to

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APRIL 16, 2008

                  exercise Tenant's right to extend the Lease Term for each
                  Option Period.

                  Option period One:        07/01/12 - 06/30/13
                  Option period Two:        07/01/13 - 06/30/14

         B:       At the time of exercising Tenant's option(s), Tenant must be
                  in conformance and in good standing in all material aspects,
                  obligations and conditions under this Lease.

         C:       During each Option Period, all terms, covenants, conditions
                  and provisions of this Lease shall remain in full effect and
                  force except Tenant's minimum Base Rent for each option term
                  shall increase by Three (3.00%) percent over the prior year
                  rental rate.

4. TO DELETE CLAUSE 9. PARKING: AND REPLACE THIS CLAUSE WITH THE FOLLOWING:

9.  PARKING:

         Landlord, at no charge shall provide Tenant three (3) parking spaces
per 1,000 sq ft or portion thereof of office space Tenant Leases. However,
Tenant understands this does not include the basement or storage areas.

         Tenant currently leases 30,259 square feet of office space. Accordingly
Landlord shall continue to provide Tenant Ninety One (91) parking spaces within
the rear parking lot, the MBTA parking lot or any other parking lot within five
hundred (500) feet of the Property.

         Tenant understands that Landlord shall have the right to allocate which
parking spaces Tenant shall have use of. Tenant further agrees, should Landlord
request it, to provide Landlord registration number, year, color and make of the
cars which will be using Tenant's parking spaces.

         Notwithstanding the above, Tenant shall have the exclusive right to use
the corresponding percentage of parking spaces in the immediate rear lot to the
percentage of the building Tenant occupies. Said calculation shall not include
the parking spaces in this lot exclusively allocated to customer/ visitor
parking.

         Additionally, Tenant is to lease from Landlord an additional Forty -
Five (45) parking spaces currently at Fifty Five Dollars $55.00) per space per
month which is the same rental rate the Malden Redevelopment Authority now
charges Landlord for these same spaces.

5. TO ALTER THE FIRST LINE OF CLAUSE 11 L. TENANT'S ADDITIONAL COVENANTS: TO
REFLECT THE FOLLOWING:

L.       "Excluding the $15,000.00 credit to provided by Landlord, to pay"

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APRIL 16, 2008

6. TO DELETE CLAUSE 12. LANDLORD'S IMPROVEMENTS: AND REPLACE THIS CLAUSE WITH
THE FOLLOWING:

12.      LANDLORD'S IMPROVEMENTS

         Landlord shall provide to Tenant an allowance of FIFTEEN Thousand
Dollars ($15,000.00) towards work within the Leased premises. Such allowance
must be used at any time commencing July 1, 2009 and ending December 31, 2011.
If not then said allowance or balance thereof shall terminate.

         Landlord and Tenant shall cooperate and work together to complete any
and all improvements to the Building during the Lease Term in a reasonable,
timely, workmanlike and quiet fashion.

         Landlord shall charge Tenant standard overtime rates should Tenant
request Landlord to work within the Lease Premises before or after normal
business hours, defined herein as 8:00 AM to 5:00 PM Monday through Friday
excepting holidays.

         Any built-in improvements installed for Tenant shall, at Landlord's
option, remain part of the Leased Premises at the termination of this Lease or
shall be removed at Tenant's expense. Tenant shall notify Landlord not less than
thirty (30) nor more than ninety (90) days prior to expiration or termination of
this Lease that Landlord is required to notify Tenant of which improvements
Landlord so designates for removal. Any leasehold improvements not designated
for removal by Landlord by notice to Tenant within seven (7) days after Tenant's
notice to Landlord shall remain in the Leased premises after the expiration or
termination of the Lease term.

         Goldberg Properties Management Inc. shall be the general contractor for
all Work to the Lease Premises which physically or permanently alters any
portion of the Property or requires a building permit issued by the City of
Malden's Building Department or any associate City Department. However, Tenant
shall have the right to seek alternative quotes from other licensed Contractors.
Tenant may select an alternative contractor's quote if such quote equals or
exceeds a seven & half percent (7.50%) reduction from Landlord's quote and
Landlord declines to match such alternative quote within forty-eight (48) hours
after receiving a copy of such alternative contractor's quote from Tenant.
Tenant's contractor, if selected, shall meet the following conditions:

                  1:       Contractor shall provide to Landlord prior to
                           commencement of any work at the Property evidence of
                           appropriate workman compensation insurance coverage
                           and Liability Insurance Coverage (Minimum of One
                           Million Dollars) by an Insurance Company licensed to
                           provide such insurance within the Commonwealth of
                           Massachusetts.

                  2:       Contractor shall only use materials equal to or that
                           exceeds the quality of materials already in place.
                           Contractor shall further make all reasonable efforts
                           to match all existing materials in place.

         Tenant understands that any licensed contractor selected by Tenant
other than Goldberg Properties Management Inc. shall be considered an agent of
the Tenant. Therefore, Tenant shall be liable and responsible for all actions or
inactions on the part of Tenant's contractor while within or on the Property.

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APRIL 16, 2008,

7.   TO ALTER CLAUSE 14 C: LANDLORDS COVENANTS: TO REFLECT THE FOLLOWING:

     Tenant shall be charged a fee of sixty ($60.00) per snow storm as an
     additional charge for such service versus the current charge of $45.00 per
     snow storm.

8.   TO DELETE CLAUSE 14 H: LANDLORDS COVENANTS: AND REPLACE THIS CLAUSE WITH
     THE FOLLOWING

CAPITAL IMPROVEMENTS BY LANDLORD:
To enhance the quality of Tenant's lease premises environment, Landlord shall
complete the following capital improvements to 30-40 Eastern Avenue, Malden in
the prescribed time frames:

         On or before June 30, 2009, Landlord shall replace the existing DOS
operated energy management system (EMS) with a new window based operated energy
management system. During this process, Landlord is to revisit options to write
and install a software patch creating separate winter and summer programs.
Additionally, program the software so it will allow the computer to switch back
and forth based upon outside temperature setting and actual interior space
temperature.

         On or before June 30, 2009 Landlord shall replace all (eight) HVAC
systems servicing Tenant's lease premises on the third floor.

         On or before June 30, 2010 Landlord shall replace all (eight) HVAC
systems servicing Tenant's lease premises on the second floor.

         On or before June 30, 2011 Landlord shall replace all (seven) HVAC
systems servicing Tenant's lease premises on the first floor.

         On or before June 30, 2012 Landlord shall replace all (six) HVAC
systems servicing common areas of 30-40 Eastern Avenue, Malden.

         After completion of installation of the EMS System: Upon Tenant's
written request, Landlord within sixty (60) days of written notice, Landlord
shall organize an on-site four (4) hour education session for up to three (3)
people from Tenant's Company and three people from Landlord's company to be
educated about the controls for this new EMS system. Within this session,
providing the new system has the capabilities, the following general areas of
control will be taught:

                  a.       Ability to temporarily override existing temperature
                           settings in a particular area.

                  b.       Ability to view and reset setting point(s) the
                           EMS/computer uses to switch from summer to winter or
                           from winter to summer.

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PAGE 7 OF 8:
APRIL 16, 2008,

                  c.       Priority on/off commands.

                  d.       Review temperature and command status settings per
                           zone.

                  e.       Review trends for individual area zones.

                  f.       Method to change hours of operations including
                           holidays, weekends etc.

                  g.       Track and review listing of changes with ability to
                           identify who made the changes.

         On or before December 31, 2008, Landlord will perform the following
work additional items:

         1.       Upgrade or replace Building directory signs and displays.

         2.       Cosmetically upgrade the interior (walls, ceiling, floors and
                  lighting)of the elevator.

         3.       Replace any remaining old tar and gravel roof section and
                  install a new rubber membrane roof system.

         If Landlord does not reasonably complete all of the above described
"CAPITAL IMPROVEMENTS BY LANDLORD IMPROVEMENTS:" within the specified time
period(s) then Tenant may send Landlord notice of said inaction by Landlord and
if Landlord does not completed said improvement(s) within sixty (60) days from
the date Landlord receives Tenants notice of Landlord's inaction, then Landlord
shall pay Tenant a penalty of $1,000.00 dollars for each month Landlord has not
completed said improvement(s).

9.   TO DELETE CLAUSE 30: MISCELLANEOUS PROVISIONS: AND REPLACE THIS CLAUSE WITH
     THE FOLLOWING

30:  MISCELLANEOUS PROVISIONS:

Office Space Expansion Options:

         a. TVCM Inc. shall have the right through 12/31/09 to have Landlord
terminate the Tenant at Will tenancy of North Shore Marketing Inc., current
Tenant, within Unit B-101 (1,800+/- square feet). Should North Shore Marketing
terminate its tenancy prior to 12/31/09, Landlord shall promptly (five business
days of Landlord's receipt of notice) notify TVCM Inc of this termination and
TVCM Inc. shall have 15 days from receipt of Landlord's notice to determine if
TVCM Inc will lease this space through 06/30/12 from Landlord. Should TVCM Inc.
lease this 1,800+/- square foot space under either scenario described above,
Tenant's initial rental rate shall be $12.00

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APRIL 16, 2008,

per square foot and shall increase by 3.00% annually on the same date (July
First) Tenant's rental rate increases. Landlord shall provide Tenant an Eighteen
Thousand ($18,000.00) dollar Tenant Improvement allowance to
repair/replace/adjust walls, acoustical ceiling, carpet, cove base, paint, etc..

         b. TVCM Inc. shall have the first right to Lease at TVCM Inc. then
rental rate the first floor office Suite 105A (1,800+/- square feet) currently
occupied by Cooperative for Human Services whose lease expires August 31, 2011.
The lease term shall be for a minimum of one year. All Lease terms and
conditions shall mirror Tenant's (TVCM Inc.) existing Lease Agreement.

         c. Landlord hereby grants to Tenant the right to reasonably rename this
property. Said name shall be subject to Landlord's approval. Landlord's approval
shall not be unreasonably withheld or delayed.

         D. Tenant at Tenant's expense shall have the right, subject to the City
of Malden Sign ordinances, to place on the exterior of this building two signs.
It being agreed said right also is subject to the following;

         1:       Landlord's reasonable approval concerning size, style
                  illumination, materials and location. Landlord's approval
                  shall not be unreasonably withheld or delayed.

         2:       Tenant agrees to pay to take down said signs and patch any
                  holes and make any repairs necessary due to these signs made
                  at the termination of this lease.

         In witness whereof, the Parties set their hand and seal as
acknowledgment of their agreement on this _____ day of April, 2008.

--------                            --------------------------------
Date                                By: Edward R. Spadoni, the Tenant

--------                            --------------------------------
Date                                Steven J. Goldberg, Co-Manager
                                    for the Goldberg Brothers Real
                                    Estate LLC, the Landlord

--------                            --------------------------------
Date                                William H. Goldberg, Co-Manager
                                    for the Goldberg Brothers Real
                                    Estate LLC, the Landlordex10-1.htm

    

    Exhibit
10.1

     

    KAYDON
CORPORATION

     

    EXECUTIVE
MANAGEMENT BONUS PROGRAM

     

    (Amended
and Restated Effective May 6, 2008)

     

    1.           Definitions. The
following terms have the meanings indicated unless a different meaning is
clearly required by the context:

     

    “Approval
Date” means March 2, 2005, which is the date on which this Bonus Plan was
approved by the Board of Directors of the Company.

     

    “Bonus
Plan” means this Kaydon Corporation Executive Bonus Program, as amended from
time to time.

     

    “Cause”
means:

     

    (i)           any
act or failure to act by Participant done with the intent to harm in any
material respect the financial interests or reputation of the Company or any
affiliated companies;

     

    (ii)           Participant
being convicted of (or entering a plea of guilty or nolo contendere to) a felony
(other than a felony involving a motor vehicle not involving alcohol or
drugs);

     

    (iii)           Participant’s
dishonesty, misappropriation or fraud with regard to the Company or any
affiliated companies, including (but not limited to) any falsification of
company records or reports (other than good faith expense account
disputes);

     

    (iv)           a
grossly negligent act or failure to act by Participant which has a material
adverse effect on the Company or any affiliated companies; or

     

    (v)           the
continued refusal to follow the directives of the Board or its designees which
are consistent with Participant’s duties and responsibilities; provided that the
foregoing refusal shall not be “cause” if Participant in good faith believes
that such direction is illegal, unethical or immoral and promptly so notifies
the Board in writing.

     

    “Change
in Control” means (i) the failure of the Continuing Directors at any time to
constitute at least a majority of the Board of Directors of the Company, (ii)
the acquisition by any Person other than an Excluded Holder of beneficial
ownership (within the meaning of Rule 13d-3 issued under the Securities Exchange
Act of 1934, as amended) of 20% or more of the outstanding Common Stock of the
Company of the combined voting power of the Company’s outstanding voting
securities, (iii) the approval

     

    

    
      
        
           

        

        
          1

          
            

          

        

        
           

        

      

    

    

    by the
stockholders of the Company of a reorganization, merger or consolidation unless
with a Permitted Successor, or (iv) the approval by the stockholders of the
Company of a complete liquidation or dissolution of the Company or a sale or
disposition of all or substantially all of its assets other than to a Permitted
Successor.

     

    “Committee”
means the Compensation Committee of the Company’s Board of Directors, each of
the members of which is a “non-employee director” within the meaning of Rule
16b-3.

     

    “Company”
means Kaydon Corporation and any of its wholly-owned subsidiaries or
affiliates.

     

    “Continuing
Directors” means the individuals constituting the Board of Directors of the
Company on the Approval Date, and any subsequent directors whose election or
nomination for election was approved by a vote of 2/3 or more of the individuals
who are then Continuing Directors, but specifically excluding any individual
whose initial assumption of office occurs as a result of either an actual or
threatened election contest or other actual or threatened solicitation of
proxies or consents by or on behalf of a Person other than the Board of
Directors of the Company.

     

    “Excluded
Holder” means any Person who on the Approval Date was the beneficial owner of
20% or more of the outstanding Common Stock of the Company, a subsidiary of the
Company, any employee benefit plan of the Company or any subsidiary of the
Company or any trust holding such Common Stock pursuant to the terms of an
employee benefit plan of the Company.

     

    “Executive
Officer” means the Chief Executive Officer (“CEO”), the Chief Financial Officer,
the Chief Operating Officer and such other Senior Vice Presidents or other
senior executive officers of the Company as the Committee shall designate from
time to time.

     

    “Good
Reason” means (a) the assignment of a Participant to any duties or
responsibilities that are a reduction of, or are materially inconsistent with,
the Participant’s position, duties, responsibilities or status on the
Participation Date, (b) a change in a Participant’s reporting responsibilities
or titles in effect on the Participation Date that results in a reduction of the
Participant’s responsibilities or position, (c) the reduction of a Participant’s
annual salary, level of benefits (except for a reduction uniformly applicable to
all similarly situated executives), or projected Supplemental Executive
Retirement Plan benefits, or (d) transfer of the Participant to a location more
than forty (40) miles from the Participant’s location of employment on the
Participation Date which requires a change in residence or a material increase
in the amount of travel normally required of the Participant in connection with
his employment or such other definition as is provided in any Employment
Agreement between the Company and a Participant.

     

    “Participation
Date” means the date on which a Participant first becomes a participant under
the Bonus Plan.

     

    

    
      
        
           

        

        
          2

          
            

          

        

        
           

        

      

    

    

    “Permitted
Successor” means a corporation that immediately after the consummation of a
transaction described in the definition of “Change in Control” satisfies all of
the following criteria: (a) at least 60% of the voting securities of such
corporation is beneficially owned by Persons who were the beneficial owners of
the Company’s Common Stock immediately prior to such transaction, (b) no Person
other than an Excluded Holder beneficially owns, directly or indirectly, 20% or
more of the outstanding voting securities of such corporation and (c) at least a
majority of the Board of Directors of such corporation is comprised of
Continuing Directors.

     

    “Person”
means a natural person, corporation, partnership, limited liability company,
government or political subdivision, agency or instrumentality of a
government.

     

    2.           Purpose. The purpose
of this Bonus Plan is to provide annual incentives to certain senior executive
officers in a manner designed to reinforce the Company’s performance goals; to
link a significant portion of participants’ compensation to the achievement of
such goals; and to continue to attract, motivate and retain key executives on a
competitive basis.

     

    3.           Participation.
Participants in this Bonus Plan are the Executive Officers of the Company. The
Committee shall determine the effective date of a Participant’s participation in
this Bonus Plan and shall notify all Participants of their selection for
participation in writing.

     

    4.           Performance Metric and
Adjustments. The metric, or benchmark, against which Company performance
shall be measured for purposes of determining whether bonuses shall be awarded
to Participants, and the amount of such bonuses, shall be earnings before
interest, taxes, depreciation and amortization, as further adjusted or defined
by the Committee from time to time (“EBITDA”) from continuing
operations.

     

    5.           Performance
Objective. The performance objective for each year will be Target EBITDA,
which shall be determined by the Committee each year at a regular Board of
Directors meeting occurring prior to the 90th day of the year for which Target
EBITDA is to be determined. In conjunction with, or promptly after, the
presentation of the annual budget for the following year, management will
present to the Committee a recommended Target EBITDA for the following fiscal
year. The Committee shall evaluate the recommended Target EBITDA and Budget and
may determine the final Target EBITDA utilizing this information and any
additional information that it deems relevant.

     

    6.           Bonus Calculations.
Participant bonuses shall be based on the level of EBITDA achieved for the
fiscal year, compared to Target EBITDA for that year, in accordance with the
following:

     

    (a)           No
Bonus payout shall be made if EBITDA achieved is equal to or less than 90% of
Target EBITDA;

     

    

    
      
        
           

        

        
          3

          
            

          

        

        
           

        

      

    

    

    (b)           Bonus
payments will equal 6% of base salary for each Participant other than the CEO
(“Non-CEO Participants”), and 10% of base salary for the CEO, for each 1% that
EBITDA achieved for the year exceeds 90% of Target EBITDA, up to 100% of Target
EBITDA, and 4% of base salary for Non-CEO Participants, and 10% of base salary
for the CEO, for each 1% that EBITDA achieved exceeds 100% of Target EBITDA. An
example would be:

     

    
      	
               
      

            	
              (i)

            	
              if
      EBITDA is 93% of Target EBITDA, the bonus will be 18% of a Non-CEO
      Participant’s base salary and 30% of the CEO’s base
  salary;

            

    

     

    
      	
               
      

            	
              (ii)

            	
              if
      EBITDA is 100% of Target EBITDA, the bonus will be 60% of a Non-CEO
      Participant’s base salary; and 100% of the CEO’s base salary
      and

            

    

     

    
      	
               
      

            	
              (iii)

            	
              if
      EBITDA is 110% of Target EBITDA, the bonus will be 100% of a Non-CEO
      Participant’s base salary and 200% of the CEO’s base
    salary.

            

    

     

    (c)           A
Non-CEO Participant’s bonus may not exceed 100% of the Non-CEO’s Participant’s
base salary and the CEO’s bonus may not exceed 200% of the CEO’s base
salary.

     

    7.           Discretionary Bonus
Payments. In addition, at the discretion of the Committee, a
discretionary cash bonus may be paid to any Participant in an amount up to 25%
of base salary that shall be in addition to the bonus payment, if any,
determined pursuant to Section 6.

     

    8.           Payment of Bonus
Awards.

     

    (a)           Conditions for Payment After
Termination of Employment. If a Participant’s employment with the Company
terminates, the following provisions shall apply; provided that such provisions
shall not apply to any Participant who is party to an employment or other form
of agreement specifying the treatment of payments under this Bonus Plan upon any
or all of the termination events described below to the extent covered by such
other agreement:

     

    
      	
               
      

            	
              (i)

            	
              Termination for
      Cause. If a Participants employment is terminated by the Company
      for Cause, no bonus shall be paid to the former Participant for any period
      prior to the date of termination.

            

    

     

    
      	
               
      

            	
              (ii)

            	
              Termination by
      Participant. If a Participant terminates his or her employment
      without Good Reason, no bonus shall be paid to the former Participant for
      any period prior to the date of
termination.

            

    

     

    

    
      
        
           

        

        
          4

          
            

          

        

        
           

        

      

    

    

    
      	
               
      

            	
              (iii)

            	
              Termination Following
      Death, Disability or Retirement. If a Participant’s employment is
      terminated due to a Participant’s death, disability or retirement at the
      normal retirement age prior to payment of a bonus award for the then
      completed fiscal year, a bonus award as determined by the Committee to be
      payable pursuant to Section 6 hereof for such completed fiscal year shall
      be paid (A) in the event of death, to the designated beneficiary of the
      Participant or, if no beneficiary shall have been designated, the
      representative of the Participant’s estate and (B) in the event of
      disability or retirement, to the former Participant, and if termination
      for death, disability or retirement occurs during a fiscal year,
      Participant (or Participant’s designated beneficiary or estate) shall
      receive for that fiscal year a bonus award, pro rated for that year based
      on the amount determined by the Committee to have been payable to
      Participant for the full fiscal year pursuant to Section 6 hereof
      multiplied by a fraction the numerator of which is the number of days in
      the fiscal year through the date of termination, and the denominator of
      which is 365.    In each case, such bonus amounts
      shall be paid no later than the 15th day of the third month following the
      close of the fiscal year to which the performance period
      relates.

            

    

     

    
      	
               
      

            	
              (iv)

            	
              Termination without
      Cause or for Good Reason, etc. If a Participant’s employment is
      terminated without Cause, or the Participant terminates his or her
      employment for Good Reason and prior to the payment of a bonus award for
      the then completed fiscal year, the Company shall nevertheless pay to the
      terminated Participant a bonus award as determined by the Committee to be
      payable pursuant to Section 6 hereof for such completed fiscal year. If
      termination occurs during a fiscal year, Participant shall receive for
      that fiscal year a bonus award pro rated for that year based on the amount
      determined by the Committee to have been payable to Participant for the
      full fiscal year pursuant to Section 6 hereof multiplied by a fraction the
      numerator of which is the number of days in the current fiscal year
      through the date of termination, and the denominator of which is 365;
      provided that if such termination occurs after a Change in Control, such
      pro rated bonus payment made under this clause (iv) shall be made net of
      any pro rata bonus amount previously paid pursuant to Section 8(b) below
      attributable to the fiscal year in which such termination without Cause or
      for Good Reason occurs.    In each case, such bonus
      amounts shall be paid no later than the 15th day of the third month
      following

            

    

     

    

    
      
        
           

        

        
          5

          
            

          

        

        
           

        

      

    

    

    
      	
               
      

            	
              the
      close of the fiscal year to which the performance period
      relates.

            

    

     

    (b)           Change in Control
Payment. In the event of a Change in Control of the Company, a pro rata
bonus for the fiscal year in which the Change in Control occurs, together with
any unpaid bonus from the preceding fiscal year determined to be payable
pursuant to Section 6 hereof, shall be immediately payable on the date of the
Change in Control, and in no event shall such bonus be paid later than the 15th
day of the third month following the close of the fiscal year to which the
performance period relates. Such pro rated bonus for the then fiscal year shall
be determined by multiplying the bonus payable for achievement of 100% of Target
EBITDA by a fraction the numerator of which is the number of days in the current
fiscal year through the date of the Change in Control, and the denominator of
which is 365.  The pro rata bonus paid pursuant to this Section 8(b)
shall be subtracted from any bonus payable hereunder at the end of the fiscal
year in which such Change in Control occurs.

     

    9.           Administrative
Provisions. This Bonus Plan shall be administered by the Committee. The
Committee shall have full, exclusive and final authority in all determinations
and decisions affecting this Bonus Plan and Participants, including sole
authority to interpret and construe any provision of this Bonus Plan, to adopt
such rules and regulations for administering this Bonus Plan as it may deem
necessary or appropriate under the circumstances, and to make any other
determination it deems necessary or appropriate for the administration of this
Bonus Plan. Decisions of the Committee shall be final and conclusive, and
binding on all parties. All expenses of administering this Bonus Plan shall be
borne by the Company. No member of the Committee shall be liable for any action,
omission, or determination relating to this Bonus Plan, and the Company shall
indemnify and hold harmless each member of the Committee and each other director
or employee of the Company or its affiliates to whom any duty or power relating
to the administration or interpretation of this Bonus Plan has been delegated
against any cost or expense (including counsel fees, which fees shall be paid as
incurred) or liability (including any sum paid in settlement of a claim with the
approval of the Committee) arising out of or in connection with any action,
omission or determination relating to this Bonus Plan, unless, in each case,
such action, omission or determination was taken or made by such member,
director or employee in bad faith and without reasonable belief that it was in
the best interests of the Company.

     

    10.           Miscellaneous.

     

    (a)           This
Bonus Plan was adopted by the Board of Directors on the Approval Date and will
be effective commencing with bonuses payable in respect of the Company’s fiscal
year ending December 31, 2005. This Bonus Plan was amended and restated
effective February 14, 2008 and May 6, 2008, by action of the Board of
Directors, in compliance with the provisions of Section 10(b).

     

     

    

    
      
        
           

        

        
          6

          
            

          

        

        
           

        

      

    

     

    
      (b)           The
Board of Directors may at any time amend this Bonus Plan in any fashion or
terminate or suspend this Bonus Plan before or after notice to any Participant
of his or her participation under the Bonus Plan.

    

    

    (c)           This
Bonus Plan shall be governed by and construed in accordance with the internal
laws of the State of Michigan applicable to contracts made, and to be wholly
performed, within such State, without regard to principles of choice of
laws.

     

    (d)           All
amounts required to be paid under this Bonus Plan shall be subject to any
required Federal, state, local and other applicable withholdings or
deductions.

     

    (e)           Nothing
contained in this Bonus Plan shall confer upon any Participant or any other
person any right with respect to the continuation of employment by the Company
or interfere in any way with the right of the Company at any time to terminate
such employment or to increase or decrease the compensation payable to the
Participant from the rate in effect at the commencement of a fiscal year or to
otherwise modify the terms of such Participant’s employment. No person shall
have any claim or right to participate in or receive any award under this Bonus
Plan for any particular fiscal year or any part thereof.

     

    (f)           The
Company’s obligation to pay a Participant any amounts under this Bonus Plan
shall be subject to setoff, counterclaim or recoupment of amounts owed by a
Participant to the Company.

     

    (g)           The
right of a Participant or of any other person to any payment under this Bonus
Plan shall not be assigned, transferred, pledged or encumbered in any manner,
and any attempted assignment, transfer, pledge or encumbrance shall be null and
void and of no force or effect.

     

    

     7

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