Document:

Exhibit 10.4

 

CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
RESPECT TO CERTAIN PORTIONS OF THIS AGREEMENT, CONFIDENTIAL PORTIONS HAVE BEEN
OMMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.

 

PRICELINE.COM  INCORPORATED
1999 OMNIBUS PLAN

 

PERFORMANCE
SHARE UNIT AGREEMENT

 

THIS PERFORMANCE SHARE
UNIT AGREEMENT (“Agreement”) is made as of the 4th day of March, 2010 by and
between priceline.com Incorporated, a Delaware corporation, with its principal
United States office at 800 Connecticut Avenue, Norwalk, Connecticut 06854, and
                                          
(the “Participant”).

 

WITNESSETH:

 

Pursuant to terms of the
priceline.com Incorporated 1999 Omnibus Plan (the “Plan”), the Compensation
Committee of the Board has authorized this Agreement.  The Participant has been granted as of March 4,
2010 (the “Grant Date”), the number of performance share units (the “Performance
Share Units”) set forth below.  Unless
otherwise indicated, any capitalized term used herein, but not defined herein,
shall have the meaning ascribed to such term in the Plan.  The Performance Share Units comprising this
award may be recorded in an unfunded Performance Share Unit account in the
Participant’s name maintained by the Company. 
The Participant will have no rights as a stockholder of the Company by
virtue of any Performance Share Unit awarded to the Participant until shares of
Stock (as defined below), if any, are issued to the Participant as described in
this Agreement.

 

1.                                       Definitions

 

(a)           “Booking.com” shall
mean priceline.com International Limited, Booking.com Ltd., and Booking.com
B.V.

 

(b)           “Company” shall mean
priceline.com Incorporated, any of its subsidiaries or affiliates.

 

(c)           “Continuous Service”
shall mean the Participant’s service with the Company or any Subsidiary or
Affiliate whether as an employee, director or consultant, which is not
interrupted or terminated.

 

(d)           “Cumulative Pro
Forma EBITDA” shall mean the Pro Forma EBITDA during the Performance Period,
calculated on a cumulative basis, net of any losses.

 

(e)           “Determination Date”
shall mean March 1, 2013.

 

(f)            “Disability” shall
mean (i) any physical or mental condition that would qualify a Participant
for a disability benefit under any long-term disability plan maintained by the Company
and applicable to him or her, (ii) if there is no such plan, such
condition provided in 

 

[***] = Confidential treatment requested for
redacted portion; redacted portion has been filed separately with the
Securities and Exchange Commission.

 

1

 

any applicable
governmental statute or regulation that constitutes a Disability, or (iii) if
there is no such applicable statute or regulation, such other condition as may
be determined by the Committee in its sole discretion to constitute a
Disability.

 

(g)           “Performance Period”
shall mean the period commencing on January 1, 2010 and ending on December 31,
2012.

 

(h)           “Plan Year” shall
mean the calendar year.

 

(i)            “Pro Forma EBITDA”
shall mean Booking.com’s operating income, excluding Booking.com’s depreciation
and amortization expense, and including foreign currency transactions and other
expenses related to the Booking.com business, all determined in accordance with
U.S. GAAP, adjusted to exclude the impact of those items excluded from the
non-GAAP financial metric “pro forma EBITDA,” as publicly disclosed annually or
quarterly, as applicable, by the Company in connection with the Company’s
annual and quarterly earnings announcements. 
Pro Forma EBITDA as publicly disclosed typically excludes and/or
includes items that are, among other things, non-cash in nature, or related to
unusual or non-recurring events, or in response to changes in laws or
regulations, or to account for gains, losses or expenses determined to be
extraordinary or unusual in nature or infrequent in occurrence, or are
unpredictable as to amount or timing, not driven by core operating results and
render comparisons with prior periods less meaningful, or related to the
acquisition of a business or the disposition of a business or a segment of a
business, or related to a change in accounting principles.  Pro Forma EBITDA shall also be adjusted (i) to
exclude the financial results from any acquisition or to include the
prospective forecasted results of any disposition of a business or a segment of
a business made during the Performance Period and (ii) to exclude the on-going impact of change
in accounting principles.  Notwithstanding the foregoing, in determining
Pro Forma EBITDA, the Committee shall have the authority to make additional
adjustments that it considers, in its good faith judgment, necessary to
maintain the intent and principles consistent with the foregoing adjustments.

 

(j)            “Stock” shall mean
shares of common stock, par value $0.008, of the Company.

 

(k)           “Target Amount”
shall have the meaning given such term under Section 2.

 

(l)            “Vesting Factor”
means the factor by which to multiply the Target Amount determined in
accordance with the following table:

 

	
  If the
  Cumulative Pro Forma EBITDA for the

  Performance Period is:

  	
   

  	
  Then the
  Vesting Factor or Vesting Factor

  Range is:

  
	
  [***]

  	
   

  	
  0x

  
	
  [***]

  	
   

  	
  0x to 1x

  
	
  [***]

  	
   

  	
  1x

  
	
  [***]

  	
   

  	
  1x to 2x

  
	
  [***]

  	
   

  	
  2x to 3x

  
	
  [***]

  	
   

  	
  3x

  

 

[***] = Confidential treatment requested for
redacted portion; redacted portion has been filed separately with the
Securities and Exchange Commission.

 

2

 

2.                                       The Grant

 

Subject to the terms and
conditions set forth herein, the Participant is granted
                    
(                    )
Performance Share Units as of the Grant Date (the “Target Amount”).

 

3.                                       Vesting; Effect of Termination of
Continuous Service; Change in Control

 

(a)           Vesting at End of
Performance Period.  If the
Participant remains in Continuous Service through and including the
Determination Date and no Change in Control occurs prior to the Determination
Date, then the Participant shall be entitled to receive a number of shares of
Stock determined by multiplying the Target Amount by the Applicable Vesting
Factor.  The “Applicable Vesting Factor”
shall be equal to either (i) the sole Vesting Factor that corresponds to
the actual Cumulative Pro Forma EBITDA set forth in the table in Section 1(k) above
in the event there is no Vesting Factor Range, or (ii) the sum of (A) the
lowest Vesting Factor in the applicable Vesting Factor Range that corresponds
to the actual Cumulative Pro Forma EBITDA set forth in the table in Section 1(k) above,
plus (B) the ProRata Vesting Factor Increase.  The “ProRata Vesting Factor Increase” is the
quotient of (1) the excess of the actual Cumulative Pro Forma EBITDA over
the lowest Cumulative Pro Forma EBITDA in the range of numbers in which the
actual Cumulative Pro Forma EBITDA falls (set forth in the table in Section 1(k) above),
divided by (2) the result of a fraction, the numerator of which is the
difference between the lowest and highest Cumulative Pro Forma EBITDA in the
range of numbers in which the actual Cumulative Pro Forma EBITDA falls (set
forth in the table in Section 1(k) above), and the denominator of
which is the difference between the lowest and highest applicable Vesting
Factor in the applicable Vesting Factor Range (set forth in the table in Section 1(k) above).  All shares of Stock to be issued to the
Participant under this Section 3(a), if any, shall be issued to the
Participant as soon as practicable after the Determination Date but in no event
later than March 15, 2013.  If the
Participant becomes entitled to any shares of Stock under this Section 3(a),
he shall not be entitled to receive any shares of Stock under any other
subsection of this Section 3.

 

(b)           Termination for
Cause.  If, prior to the
Determination Date, the Participant’s Continuous Service is (i) terminated
by the Company  for Cause or (ii) voluntarily
terminated by the Participant other than on account of death or Disability, then the Participant shall receive no shares of
Stock under this Agreement.

 

(c)           Termination Prior
to a Change in Control.  If, prior to
the Determination Date and prior to a Change in Control, the Participant’s
Continuous Service is terminated by the Company other than for Cause or by the
Participant on account of death or Disability, then the Participant’s
Performance Share Unit number shall be determined (or that of the Participant’s
designated beneficiary in the event of the Participant’s death) in accordance
with Exhibit 1, and the Participant shall at the time of such
termination be vested in a number of shares of Stock determined by the product
of (i) such Performance Share Unit number, multiplied by (ii) a
fraction, the numerator of which is the lesser of 36 or the number of full
months completed since January 1, 2010 as of the date of such termination,
and the denominator of which is 36.  All
shares of Stock to be issued to the Participant under this Section 3(c),
if any, shall be issued to the Participant (or the Participant’s designated
beneficiary in the event of the Participant’s death) as soon as practicable
after the Participant’s Continuous Service is terminated.  If the Participant 

 

[***] = Confidential treatment requested for
redacted portion; redacted portion has been filed separately with the
Securities and Exchange Commission.

 

3

 

becomes entitled
to any shares of Stock under this Section 3(c), he or she shall not be
entitled to receive any shares of Stock under any other subsection of this Section 3.

 

(d)           Change in Control.  If a Change in Control occurs prior to the
Determination Date and the Participant remains in Continuous Service through
and including the Determination Date, then the Participant’s Performance Share
Unit number shall be determined in accordance with Exhibit 1, and
the Participant shall be vested in (i) if the Change in Control occurs
prior to January 1, 2013, the sum of (A) a number of shares of Stock
determined by multiplying such Performance Share Unit number by a fraction, the
numerator of which is the lesser of 36 and the number of full months completed
since January 1, 2010 as of the date of such Change in Control, and the
denominator of which is 36, and (B) a number of shares of Stock equal to
the product of the Target Amount, multiplied by the fraction, the numerator of
which is the number of full months that have been completed during the period
commencing on the Change in Control and ending on December 31, 2012 (plus
one (1) if the Change in Control occurs on any day of the month other than
the first or last day), and the denominator of which is 36, or (ii) if the
Change in Control occurs on or after January 1, 2013, a number of shares
of Stock equal to the Performance Share Unit number.  All shares of Stock to be issued to the
Participant under this Section 3(d), if any, shall be issued to the
Participant as soon as practicable after the Determination Date but in no event
later than March 15, 2013.  If the
Participant becomes entitled to any shares of Stock under this Section 3(d),
he or she shall not be entitled to receive any shares of Stock under any other
subsection of this Section 3.

 

(e)           Termination
Coincident with or Following a Change in Control.  If a Change in Control occurs prior to the
Determination Date, and the Participant’s Continuous Service is terminated
prior to the Determination Date in connection with such Change in Control or
following such Change in Control  by
the Company other than for Cause or by the Participant on account of death or
Disability, then the Participant’s Performance Share Unit number (or that of
the Participant’s designated beneficiary in the event of the Participant’s
death) shall be determined in accordance with Exhibit 1, and the
Participant shall be vested at the time of such termination in (i) if the
termination occurs prior to January 1, 2013, the sum of (A) a number
of shares of Stock determined by multiplying such Performance Share Unit number
by a fraction, the numerator of which is the lesser of 36 and the number of
full months completed since January 1, 2010 as of the effective date of
such Change in Control, and the denominator of which is 36, and (B) a number
of shares of Stock equal to the product of the Target Amount, multiplied by the
fraction, the numerator of which is the number of full months that have been
completed during the period commencing on the effective date of the Change in
Control and ending on the earlier of December 31, 2012 or the date of such
termination (plus one (1) if the termination occurs on any day of the
month other than the first or last day), and the denominator of which is 36, or
(ii) if the termination occurs on or after January 1, 2013, a number
of shares of Stock equal to the Performance Share Unit number.  All shares of Stock to be issued to the
Participant under this Section 3(e) as a result of the Participant’s
termination of Continuous Service on or after the effective date of the Change
in Control, if any, shall be issued to the Participant (or the Participant’s
designated beneficiary in the event of the Participant’s death) as soon as
practicable after the Participant’s Continuous Service is terminated.  If the Participant becomes entitled to any
shares of Stock under this Section 3(e), he or she shall not be entitled
to receive any shares of Stock under any other subsection of this Section 3.

 

[***] = Confidential treatment requested for
redacted portion; redacted portion has been filed separately with the
Securities and Exchange Commission.

 

4

 

(f)            For purposes of
calculations made under this Section 3, results shall be rounded to the
nearest 100th using the common rounding method (i.e.,
increase the last digit by 1 if the next digit is 5 or more).

 

4.                                       Nontransferability of Grant

 

Except as otherwise
provided herein or in the Plan, no Performance Share Units shall be assigned,
negotiated, pledged, or hypothecated in any way or be subject to execution,
attachment or similar process.  No
transfer of the Participant’s rights with respect to such Performance Share
Units, whether voluntary or involuntary, by operation of law or otherwise,
shall be permitted.  Immediately upon any
attempt to transfer such rights, such Performance Share Units, and all of the
rights related thereto, shall be forfeited by the Participant.

 

5.                                       Distribution and Voting Rights

 

Performance Share Units
shall have no distribution, dividend or voting rights.

 

6.                                       Stock; Adjustment Upon Certain Events

 

(a)           Stock to be issued
under this Agreement, if any, shall be made available, at the discretion of the
Board, either from authorized but unissued Stock, from issued Stock reacquired
by the Company or from Stock purchased by the Company on the open market
specifically for this purpose.

 

(b)           The existence of
this Agreement and the Performance Share Units granted hereunder shall not
affect in any way the right or power of the Board or the stockholders of the
Company to make or authorize any adjustment, recapitalization, reorganization
or other change in the Company’s capital structure or its business, any merger
or consolidation of the Company or any affiliate, any issue of bonds,
debentures, preferred or prior preference stocks ahead of or affecting the
Stock, the authorization or issuance of additional shares of Stock, the
dissolution or liquidation of the Company or any affiliate or sale or transfer
of all or part of the assets or business of the Company or any affiliate, or
any other corporate act or proceeding.

 

(c)           Upon a Change in
Control, the purchaser(s) of the Company’s assets or stock or the
surviving entity in a merger or consolidation may, in his, her or its
discretion, deliver to the Participant the same kind of consideration that is
delivered to the stockholders of the Company as a result of such Change in
Control, or the Board may cancel all outstanding Performance Share Units in
exchange for consideration in cash or in kind which consideration in both cases
shall be determined by the Board.

 

(d)           In the event of any
dividend or other distribution (whether in the form of cash, Stock, or other
property), recapitalization, Stock split, reverse split, reorganization,
merger, consolidation, spin-off, combination, repurchase, or share exchange, or
other similar corporate  transaction or
event that affects the Stock such that an adjustment is required in order to
prevent dilution or enlargement of the rights of holders of Performance Share
Units under the Plan, then the Committee shall make such equitable changes or
adjustments to any or all of (i) the number and kind of shares of Stock or
other property (including cash) that may thereafter be issued in connection
with the Performance Share Units granted under the Plan, (ii) the number
and kind of 

 

[***] = Confidential treatment requested for
redacted portion; redacted portion has been filed separately with the
Securities and Exchange Commission.

 

5

 

shares of Stock or
other property (including cash) issued or issuable in respect of outstanding
Performance Share Units, (iii) performance targets, and (iv) any
individual limitations applicable to the Performance Share Units granted under
the Plan.

 

7.                                       Determinations

 

The Committee (by proper
delegation or otherwise) shall determine the extent to which an award has been
earned, if at all, in accordance with Section 3 of this Agreement on or
prior to the Determination Date.  Such
determination and all other determinations, interpretations or other actions
made or taken pursuant to the provisions of this Agreement by the Committee in
good faith shall be final, conclusive and binding for all purposes and upon all
persons, including, without limitation, the Participant and the Company, and
their respective heirs, executors, administrators, personal representatives and
other successors in interest.

 

8.                                       Other Conditions

 

The transfer of any Stock
under this Agreement, if any, shall be effective only at such time as counsel
to the Company shall have determined that the issuance and delivery of such
Stock is in compliance with all applicable laws, regulations of governmental
authority and the requirements of any securities exchange on which Stock is
traded.

 

9.                                       Withholding Taxes

 

The Participant shall be
liable for any and all taxes and contributions of any kind required by law to
be withheld with respect to the delivery of any shares of Stock under this
Agreement.  The Participant agrees that
the Participant’s employer may, in its discretion, (a) require the
Participant to remit to the Company on the date on which the Participant
becomes the owner of shares of Stock under this Agreement cash in an amount
sufficient to satisfy all applicable required withholding taxes and social security
contributions related to such vesting, (b) deduct from his regular salary
payroll cash, on a payroll date coincident with or following the date on which
the Participant becomes the owner of shares of Stock under this Agreement, in
an amount sufficient to satisfy such obligations, or (c) withhold from the
total number of shares of Stock the Participant is to receive on a
determination date a number of shares that has a total value equal to the
amount necessary to satisfy any and all such withholding tax obligations.

 

10.                                 Distribution of Stock

 

Subject to Section 8,
the Company shall cause the Participant to be the record owner of any shares of
Stock to which the Participant becomes entitled to receive under this Agreement
in accordance with the payment terms described in Section 3.

 

11.                                 Incorporation of the Plan

 

The Plan, as it exists on
the date of this Agreement and as amended from time to time, is hereby
incorporated by reference and made a part hereof, and the Performance Share
Units and this Agreement shall be subject to all terms and conditions of the
Plan.  In the event of any conflict
between the provisions of this Agreement and the provisions of the Plan, the
terms of the Plan shall control, except as expressly stated otherwise.

 

[***] = Confidential treatment requested for
redacted portion; redacted portion has been filed separately with the
Securities and Exchange Commission.

 

6

 

12.                                 Electronic Delivery

 

The Company may, in its
sole discretion, deliver any documents related to the Performance Share Units
and the Participant’s participation in the Plan, or future awards that may be
granted under the Plan, by electronic means or to request the Participant’s
consent to participate in the Plan by electronic means.  The Participant hereby consents to receive
such documents by electronic delivery and, if requested, agrees to participate
in the Plan through an on-line or electronic system established and maintained
by the Company or another third party designated by the Company.

 

13.                                 Nature of Grant

 

The Participant
acknowledges and agrees that: (a) the Plan is established voluntarily by
the Company, it is discretionary in nature and it may be modified, amended,
suspended or terminated by the Company at any time; (b) the grant of
Performance Share Units is voluntary and occasional and does not create any
contractual or other right to receive future grants of Performance Shares
Units, or benefits in lieu of Performance Shares Units, even if Performance Shares
Units have been granted repeatedly in the past; (c) all decisions with
respect to future Performance Shares Unit grants, if any, will be at the sole
discretion of the Company; (d) participation in the Plan is voluntary; (e) the
Performance Shares Units are not a part of normal or expected compensation or
salary for any purposes, including, but not limited to, calculating any
severance, resignation, termination, redundancy, end of service payments,
bonuses, long-service awards, pension or retirement benefits or similar
payments; (f) the future value of the underlying shares of Stock is
unknown and cannot be predicted with certainty; and (g) in consideration
of the grant of Performance Shares Units, no claim or entitlement to
compensation or damages shall arise from termination of the Performance Shares
Units or diminution in value of the Performance Shares Units or shares received
upon vesting including (without limitation) any claim or entitlement resulting
from termination of the Participant’s Continuous Service by the Company or a
Subsidiary or Affiliate (for any reason whatsoever and whether or not in breach
of local labor laws) and the Participant hereby releases the Company and its
Subsidiaries and Affiliates from any such claim that may arise; if, notwithstanding
the foregoing, any such claim is found by a court of competent jurisdiction to
have arisen, then, by signing this Agreement, the Participant shall be deemed
irrevocably to have waived the Participant’s entitlement to pursue such claim.

 

14.                                 Data Privacy

 

The Participant
explicitly and unambiguously consents to the collection, use and transfer, in
electronic or other form, of the Participant’s personal data by and among, as
applicable, the Company and its Subsidiaries and Affiliates, namely priceline.com
Incorporated (located in the United States of America), priceline.com
International Limited (located in the United Kingdom), Booking.com Ltd.
(located in the United Kingdom), and Booking.com B.V. (located in The
Netherlands), for the exclusive purpose of implementing, administering and
managing the Participant’s participation in the Plan.  The Participant hereby understands that the
Company and its Subsidiaries and Affiliates hold (but only process or transfer
to the extent required or permitted by local law) the following personal
information about the Participant: the Participant’s name, home address and
telephone number, date of birth, social insurance number 

 

[***] = Confidential treatment requested for
redacted portion; redacted portion has been filed separately with the
Securities and Exchange Commission.

 

7

 

or other
identification number, salary, nationality, job title, any shares of Stock or
directorships held in the Company, details of all Performance Share Units or
any other entitlement to shares of Stock awarded, canceled, exercised, vested,
unvested or outstanding in the Participant’s favor, for the purpose of
implementing, administering and managing the Plan (“Data”).  The Participant hereby understands that Data
may be transferred to any third parties assisting in the implementation,
administration and management of the Plan, including Computershare
Limited (located in the United States of America), Mellon Investor Services
(located in the United States of America), and Morgan Stanley (located in the
United States of America), that these recipients may be located in the Participant’s country or
elsewhere (including countries outside of the European Union such as the United
States of America), and that the recipient’s country may have different data
privacy laws and protections than the Participant’s country.  The Participant hereby understands that the
Participant may request a list with the names and addresses of any potential
recipients of the Data by contacting the Participant’s local human resources
representative.  The Participant
authorizes the recipients to receive, possess, use, retain and transfer the
Data, in electronic or other form, for the purposes of implementing, administering
and managing the Participant’s participation in the Plan, including any
requisite transfer of such Data as may be required to a broker or other third
party with whom the Participant may elect to deposit any shares acquired upon
vesting of the Performance Share Unit. 
The Participant hereby understands that Data will be held only as long
as is necessary to implement, administer and manage the Participant’s
participation in the Plan and in accordance with local law.  The Participant hereby understands that the
Participant may, at any time, view Data, request additional information about
the storage and processing of Data, require any necessary amendments to Data or
refuse or withdraw the consents herein, in any case without cost, by contacting
in writing the Participant’s local human resources representative.  The Participant hereby understands, however,
that refusing or withdrawing the Participant’s consent may affect the
Participant’s ability to participate in the Plan.  For more information on the consequences of
the Participant’s refusal to consent or withdrawal of consent, the Participant
hereby understands that the Participant may contact the Participant’s local
human resources representative.

 

15.                                 Miscellaneous

 

(a)           This Agreement shall
inure to the benefit of and be binding upon the parties hereto and their
respective heirs, personal legal representatives, successors, trustees,
administrators, distributees, devisees and legatees.  The Company shall assign to, and require, any
successor (whether direct or indirect, by purchase, merger, consolidation or
otherwise) to all or substantially all of the business and/or assets of the
Company to expressly assume and agree in writing to perform this
Agreement.  Notwithstanding the
foregoing, this Agreement may not be assigned by the Participant.

 

(b)           The Participant
acknowledges that the Company intends for the information contained in Section 1(k) and
Exhibit 1 hereof to remain confidential.  Notwithstanding any other provision hereof,
the Participant’s entitlement to any award or payment hereunder is contingent
upon the Participant maintaining the confidentiality of the information
contained in Section 1(k) and Exhibit 1.  The Participant agrees that he or she shall
not disclose or cause the disclosure of such information and shall hold such
information confidential.

 

[***] = Confidential treatment requested for
redacted portion; redacted portion has been filed separately with the
Securities and Exchange Commission.

 

8

 

(c)           No modification or
waiver of any of the provisions of this Agreement shall be effective unless in
writing and signed by the party against whom it is sought to be enforced.  To the extent applicable, it is intended that
this Agreement comply with the provisions of Section 409A of the Code, so
that the income inclusion provisions of Section 409A(a)(1) of the
Code do not apply to the Participant. 
This Agreement shall be administered in a manner consistent with this
intent.  References to Section 409A
of the Code will also include any regulations or any other formal guidance
promulgated with respect to such Section by the U.S. Department of the
Treasury or the Internal Revenue Service.

 

(d)           This Agreement may
be executed in one or more counterparts, all of which taken together shall
constitute one agreement.

 

(e)           The failure of any
party hereto at any time to require performance by another party of any
provision of this Agreement shall not affect the right of such party to require
performance of that provision, and any waiver by any party of any breach of any
provision of this Agreement shall not be construed as a waiver of any
continuing or succeeding breach of such provision, a waiver of the provision
itself, or a waiver of any right under this Agreement.

 

(f)            The headings of the
sections of this Agreement have been inserted for convenience of reference only
and shall in no way restrict or modify any of the terms or provisions hereof.

 

(g)           The Company shall
pay all fees and expenses necessarily incurred by the Company in connection
with this Agreement and will from time to time use its reasonable efforts to
comply with all laws and regulations which, in the opinion of counsel to the
Company, are applicable thereto.

 

(h)           All notices,
consents, requests, approvals, instructions and other communications provided
for herein shall be in writing and validly given or made when delivered, or on
the second succeeding business day after being mailed by registered or
certified mail, whichever is earlier, to the persons entitled or required to
receive the same, at the addresses set forth at the heading of this Agreement
or to such other address as either party may designate by like notice.  Notices to the Company shall be addressed to
its principal office, attention of the Company’s General Counsel.

 

(i)            The Plan and this
Agreement constitute the entire Agreement and understanding between the parties
with respect to the matters described herein and supersede all prior and
contemporaneous agreements and understandings, oral and written, between the
parties with respect to such subject matter.

 

(j)            This Agreement
shall be governed and construed and the legal relationships of the parties
determined in accordance with the laws of the state of Delaware without
reference to principles of conflict of laws.

 

(k)           The Company
represents and warrants that it is duly authorized by its Board and/or the
Committee (and by any other person or body whose authorization is required) to
enter into this Agreement, that there is no agreement or other legal
restriction which would prevent it from entering into, and carrying out its
obligations under, this Agreement, and that the officer 

 

[***] = Confidential treatment requested for
redacted portion; redacted portion has been filed separately with the
Securities and Exchange Commission.

 

9

 

signing this
Agreement is duly authorized and empowered to sign this Agreement on behalf of
the Company.

 

[***] = Confidential treatment requested for redacted
portion; redacted portion has been filed separately with the Securities and
Exchange Commission.

 

10

 

IN WITNESS WHEREOF, the
parties hereto have executed this Agreement as of the day and year first above
written.

 

PRICELINE.COM INCORPORATED

 

Jeffery Boyd

Chief Executive Officer

 

[***] = Confidential treatment requested for
redacted portion; redacted portion has been filed separately with the
Securities and Exchange Commission.

 

11

 

Exhibit 1

 

The Performance Share
Unit number shall be determined in accordance with this Exhibit 1
if, prior to the Determination Date, a Change in Control occurs and/or the
Participant’s Continuous Service terminates. 
If no Change in Control occurs or the Participant’s Continuous Service
does not terminate prior to the Determination Date, the Performance Share Unit
number shall be determined in accordance with the table in Section 1(k) hereof.  Upon any date of determination prior to the
Determination Date as set forth in the Agreement or in connection with a
determination pursuant to Section 3(d) hereof, the Participant’s
Performance Share Unit number shall be determined as of the most recently
completed fiscal quarter for the period commencing January 1, 2010.  Such Performance Share Unit number shall be
equal to the product of (1) the Target Amount, multiplied by either (2)(a) the
sole Mid-Period Vesting Factor under the column with the heading “Mid-Period
Vesting Factor Ranges” in the chart below corresponding to the actual
Cumulative EBITDA per applicable quarter for which the determination is made or
(b) the sum of (i) the lowest Mid-Period Vesting Factor in the
applicable Mid-Period Vesting Factor Range corresponding to the actual
Cumulative EBITDA per applicable quarter for which the determination is made,
plus (ii) the ProRata Mid-Period Vesting Factor Increase.

 

The “ProRata Mid-Period
Vesting  Factor Increase” means the
quotient of (1) the excess of the actual Cumulative Pro Forma EBITDA over
the lowest Cumulative Pro Forma EBITDA within the specified range per the
applicable quarter for which the determination is made, divided by (2) the
result of a fraction, the numerator of which is the difference between the
lowest and highest Cumulative Pro Forma EBITDA within such specified range per
the applicable quarter for which the determination is made, and the denominator
of which is the difference between the lowest and highest specified Mid-Period
Vesting Factor for such quarter.

 

[***] = Confidential treatment requested for
redacted portion; redacted portion has been filed separately with the
Securities and Exchange Commission.

 

12

 

All amounts are in millions
of Euros.

 

	
  Cumulative

  Pro Forma

  EBITDA

  per

  specified

  quarter

  	
   

  	
  1st fiscal

  quarter

  completed

  since

  l/l/10

  	
   

  	
  2nd fiscal

  quarter

  completed

  since

  l/l/10

  	
   

  	
  3rd fiscal

  quarter

  completed

  since

  l/l/10

  	
   

  	
  4th fiscal

  quarter

  completed

  since

  l/l/10

  	
   

  	
  5th fiscal

  quarter

  completed

  since

  1/l/10

  	
   

  	
  6th fiscal

  quarter

  completed

  since

  1/1/10

  	
   

  	
  7th fiscal

  quarter

  completed

  since

  1/1/10

  	
   

  	
  8th fiscal

  quarter

  completed

  since

  l/l/10

  	
   

  	
  9th fiscal

  quarter

  completed

  since

  1/1/10

  	
   

  	
  10th fiscal

  quarter

  completed

  since

  1/1/10

  	
   

  	
  11th fiscal

  quarter

  completed

  since

  1/1/10

  	
   

  	
  12th fiscal

  quarter

  completed

  since

  1/1/10

  	
   

  	
  Mid-

  Period

  Vesting

  Factor

  Ranges

  (Earned

  shares as

  a factor

  of the

  Target

  Amount)

  
	
  Less than

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  Equals Zero

  
	
  Equal to or greater than

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  Equals Zero to 1x

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  But less than

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
   

  
	
  Equal to or greater than

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  Equals 1x

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  But less than

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
   

  
	
  Equal to or greater than

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  Equals 1x to 2x

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  But less than

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
   

  
	
  Equal to or greater than

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  Equals 2x to 3x

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  But less than

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
   

  
	
  Equal to or greater than

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  [***]

  	
   

  	
  Equals 3x

  

 

[***] = Confidential treatment requested for
redacted portion; redacted portion has been filed separately with the
Securities and Exchange Commission.

 

13Exhibit
10.1

 

TWENTY-SIXTH AMENDMENT

TO

SECOND AMENDED AND RESTATED

LIMITED PARTNERSHIP AGREEMENT

OF

CORPORATE OFFICE PROPERTIES, L.P.

 

This Twenty-Sixth Amendment (the “Amendment”) to the Second Amended and
Restated Limited Partnership Agreement Of Corporate Office Properties, L.P., a
Delaware limited partnership (the Partnership), is made and entered into as of March 4,
2010, by the undersigned.

 

Recitals

 

A.           The Partnership is a limited partnership organized under
the Delaware Revised Uniform Limited Partnership Act and governed by that
certain Second Amended and Restated Limited Partnership Agreement dated as of December 7,
1999, as amended to the date hereof (as amended, the “Partnership Agreement”).

 

B.            The sole general partner of the Partnership is Corporate
Office Properties Trust, a real estate investment trust formed under the laws
of the State of Maryland (the “General Partner”).

 

C.            Pursuant to Section 11.1, the General Partner
desires to amend the Partnership Agreement to (i) eliminate certain timing
requirements respect to (A) the Redemption Rights (as defined in the
Partnership Agreement) and (B) Transfers (as defined in the Partnership
Agreement) and (ii) reflect the admission, substitution, termination
and/or withdrawal of various limited partners in accordance with the terms of
the Partnership Agreement.

 

NOW THEREFORE, the General Partner, intending to be legally bound,
hereby amends the Partnership Agreement as follows, effective as of the date
first set forth above.

 

1.            Section 1.1 of the Partnership
Agreement is amended by deleting the definition of “Redemption Period.”

 

2.            Section 2.3 of the Partnership Agreement is amended
and restated in order to change the place of business of the Partnership, as
follows:

 

“SECTION 2.3 PLACE OF BUSINESS; REGISTERED OFFICE; REGISTERED
AGENT.  The principal office of the
Partnership is located at 6711 Columbia Gateway Drive, Suite 300,
Columbia, Maryland 21046, which office may be changed to such other place as
the General Partner may from time to time designate. The Partnership may
establish offices for the Partnership within or without the State of Delaware
as may be determined by the General Partner. The address of the Partnership’s
initial registered office and the initial registered agent for the Partnership
in the State of Delaware is The Corporation Trust Company, whose address is c/o
Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware 19801. The
Partnership’s registered office and agent may be changed by the General
Partner.”

 

 

3.            Section 8.6 of the Partnership Agreement is amended
and restated in order to change the heading and to delete the initial sentence
thereof, as follows:

 

“SECTION 8.6 EFFECT OF TRANSFERS.  Upon any Transfer of a Partnership Interest in
accordance with this Article VIII or redemption of a Partnership Interest
in accordance with Article IX, the Partnership shall allocate all items of
Profit and Loss between the assignor and the transferee in accordance with Section 5.2(F)(2) hereof.
The assignor shall have the right to receive all distributions as to which the
Record Date precedes the date of Transfer and the transferee shall have the
right to receive all distributions thereafter.”

 

4.            Section 9.1(A) of the Partnership Agreement is
amended and restated in order to delete the sole use of the term “Redemption
Period,” as follows:

 

“(A) Subject to compliance with (v) the Act, (w) the
terms and conditions of the REIT Charter, (x) all requirements under the
Code applicable to real estate investment trusts, (y) Title 8 of the
Corporations and Associations Article of the Annotated Code of Maryland,
as amended, or any other law as in effect from time to time and (z) any
applicable rule or policy of any stock exchange or self-regulatory
organization (a “Redemption Restriction”), except if prohibited by other
contractual obligations, each Redeeming Party shall have the right to redeem
its Partnership Units by providing the General Partner with a Redemption
Notice. A Limited Partner may invoke its rights under this Article IX with
respect to one or more Partnership Units or all of the Partnership Units held
by such Limited Partner. Upon the General Partner’s receipt of a Redemption
Notice from a Redeeming Party, the Partnership shall be obligated (subject to
the existence of any Redemption Restriction) to redeem the Partnership Units
from such Redeeming Party (the “Redemption Obligation”).”

 

5.            Exhibit 1, Schedule of
Partners, as attached hereto and by this reference made a part hereof, is
hereby substituted for and intended to replace any prior Exhibit 1
attached to a prior Amendment to the Partnership Agreement, and as attached
hereto shall be a full and complete listing of all the general and limited
partners of the Partnership as of the date of this Amendment, same being intended
and hereby superceding all prior Exhibit 1 listings.

 

 

In Witness Whereof, the General Partner has executed this Amendment as
of the day and year first above written.

 

	
   

  	
  Corporate Office Properties Trust, a

  
	
   

  	
  Maryland Real Estate Investment Trust

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Roger A. Waesche, Jr.

  
	
   

  	
   

  	
  Roger A. Waesche, Jr.

  
	
   

  	
   

  	
  Executive
  Vice President

  

 

 

Exhibit 1
Addendum

 

Schedule
of Partners

 

	
  General Partner

  	
   

  	
  Common Units

  of Partnership

  Units

  	
   

  	
  Series G

  Preferred

  Units

  	
   

  	
  Series H

  Preferred

  Units

  	
   

  	
  Series I

  Preferred

  Units

  	
   

  	
  Series J

  Preferred

  Units

  	
   

  	
  Series K

  Preferred

  Units

  	
   

  
	
  Corporate
  Office Properties Trust

  	
   

  	
  56,241,164

  	
   

  	
  2,200,000

  	
   

  	
  2,000,000

  	
   

  	
   

  	
   

  	
  3,390,000

  	
   

  	
  531,667

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Limited Partners and Preferred Limited Partners

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Jay
  H. Shidler

  	
   

  	
  452,878

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Shidler
  Equities, L.P.

  	
   

  	
  1,395,439

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Clay
  W. Hamlin, III

  	
   

  	
  96,317

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  LBCW
  Limited Partnership

  	
   

  	
  1,781,107

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Robert
  L. Denton

  	
   

  	
  358,000

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  James
  K. Davis

  	
   

  	
  51,589

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  John
  E. De B. Blockey, Trustee of the John E. de B. Blockey Living Trust dated
  9/12/88

  	
   

  	
  140,625

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  RP
  Investments, LLC

  	
   

  	
  50,000

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Denise
  J. Liszewski

  	
   

  	
  7,333

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Samuel
  Tang

  	
   

  	
  4,389

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Lawrence
  J. Taff

  	
   

  	
  13,733

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Kimberly
  F. Aquino

  	
   

  	
  2,937

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  M.O.R.
  44 Gateway Associates Limited Partnership

  	
   

  	
  1

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  John
  Parsinen

  	
   

  	
  49,434

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  M.O.R.
  Commons Limited Partnership

  	
   

  	
  7

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  John
  Edward De Burgh Blockey and Sanda Juanita Blockey

  	
   

  	
  10,476

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Lynn
  Hamlin

  	
   

  	
  121,411

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Housing
  Affiliates, Inc.

  	
   

  	
  4,402

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Reingle
  Corp.

  	
   

  	
  730

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Joseph
  Tawil

  	
   

  	
  2,160

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  The
  Lovejoy Trust

  	
   

  	
  59,528

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  The
  Century Trust

  	
   

  	
  59,528

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  A.
  Charles Wilson & Betty S. Wilson Trust

  	
   

  	
  5,908

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Harold &
  Renee Holland

  	
   

  	
  4,320

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Irwin
  Hoffman

  	
   

  	
  1,880

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  The
  Rouse Family Exemption Trust

  	
   

  	
  2,160

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Lawrence
  G. Rief

  	
   

  	
  2,526

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  David
  D. Jenkins

  	
   

  	
  262,165

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  RA &
  DM, Inc.

  	
   

  	
  2,954

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Richard
  Alter

  	
   

  	
  43,817

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Donald
  Manekin

  	
   

  	
  23,336

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  William
  Winstead

  	
   

  	
  14,019

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Richard
  Manekin

  	
   

  	
  8,988

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Robert
  Manekin

  	
   

  	
  8,988

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Charles
  Manekin

  	
   

  	
  3,899

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Francine
  Manekin

  	
   

  	
  880

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Sandye
  Sirota

  	
   

  	
  5,427

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Lynn
  Stern

  	
   

  	
  880

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Louis
  LaPenna

  	
   

  	
  2,513

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Jamie
  Deutsch

  	
   

  	
  22

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Kelly
  Alter

  	
   

  	
  22

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  TRC
  Associates Limited Partnership

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  352,000

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  61,297,892

  	
   

  	
  2,200,000

  	
   

  	
  2,000,000

  	
   

  	
  352,000

  	
   

  	
  3,390,000

  	
   

  	
  531,667

  	
   

  

 

1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00170-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00170-of-00352.parquet"}]]