Document:

Subscription Agreement

 Exhibit 10.69 
 SUBSCRIPTION AGREEMENT 
 This Subscription Agreement (the “Agreement”) is entered
into effective as of as of April 8, 2008 by and between Kevin M. Kearney (“Investor”) and Public Media Works, Inc., a Delaware corporation (the “Company”), with reference to the following facts: 
 WHEREAS, Investor desires to purchase shares of Company Common Stock, $0.001 par value (the “Common Stock”), and the Company desires to
sell shares of Common Stock to the Investor based on the terms and representations contained herein; 
 NOW, THEREFORE, for good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, Investor and the Company agree as follows: 
 1. Payment of
Purchase Price; Issuance of Common Stock. In exchange for Investor’s payment in the amount of $12,500, the Company shall issue Investor 125,000 shares of Common Stock at a price of $.10 per share. 
 2. Investor Representations. The Company is issuing the Common Stock to Investor in reliance upon the following representations made by Investor:

 (a) Investor acknowledges and agrees that the shares of Common Stock are characterized as “restricted securities” under the
Securities Act of 1933 (as amended and together with the rules and regulations promulgated thereunder, the “Securities Act”) and that, under the Securities Act and applicable regulations thereunder, such securities may not be
resold, pledged or otherwise transferred without registration under the Securities Act or an exemption therefrom. Investor acknowledges and agrees that (i) the shares of Common Stock are being offered in a transaction not involving any public
offering in the United States within the meaning of the Securities Act, and the shares of Common Stock have not yet been registered under the Securities Act, and (ii) such shares of Common Stock may be offered, resold, pledged or otherwise
transferred only in a transaction registered under the Securities Act, or meeting the requirements of Rule 144, or in accordance with another exemption from the registration requirements of the Securities Act (and based upon an opinion of counsel if
the Company so requests) and in accordance with any applicable securities laws of any State of the United States or any other applicable jurisdiction. 
 (b) Investor acknowledges and agrees that (i) the registrar or transfer agent for the shares of Common Stock will not be required to accept for registration of transfer any shares except upon presentation of
evidence satisfactory to the Company that the restrictions on transfer under the Securities Act have been complied with, and (ii) any shares of Common Stock in the form of definitive physical certificates will bear a restrictive legend.

 (c) Investor acknowledges and agrees that: (a) the shares of Common Stock have not been registered
under the Securities Act, or under any state securities laws, and are being offered and sold in reliance upon federal and state exemptions for transactions not involving any public offering; (b) Investor is acquiring the shares of Common Stock
solely for its own account for investment purposes, and not with a view to the distribution thereof in a transaction that would violate the Securities Act or the securities laws of any State of the United States or any other applicable jurisdiction;
(c) Investor is a sophisticated purchaser with such knowledge and experience in business and financial matters that it is capable of evaluating the merits and risks of purchasing the shares of Common Stock; (d) Investor has had the
opportunity to obtain from the Company such information as desired in order to evaluate the merits and the risks inherent in holding the shares of Common Stock; (e) Investor is able to bear the economic risk and lack of liquidity inherent in
holding the shares of Common Stock; (f) Investor is an “accredited investor” within the meaning of Rule 501(a) under the Securities Act; and (g) Investor either has a pre-existing personal or business relationship with the
Company or its officers, directors or controlling persons, or by reason of Investor’s business or financial experience, or the business or financial experience of their professional advisors who are unaffiliated with and who are not compensated
by the Company, directly or indirectly, have the capacity to protect their own interests in connection with the purchase of the Common Stock. 
 (d) Investor’s investment in the Company pursuant to this Common Stock is consistent, in both nature and amount, with Investor’s overall investment program and financial condition. 
 (e) Investor’s principal residence is in the State of California. 
 3. Miscellaneous. 
 (a) This Agreement shall be construed and enforced in accordance
with the laws of the State of California. 
 (b) This Agreement constitutes the entire agreement between the parties and supersedes all prior
oral or written negotiations and agreements between the parties with respect to the subject matter hereof. No modification, variation or amendment of this Agreement (including any exhibit hereto) shall be effective unless made in writing and signed
by both parties. 
 (c) Each party to this Agreement hereby represents and warrants to the other party that it has had an opportunity to seek
the advice of its own independent legal counsel with respect to the provisions of this Agreement and that its decision to execute this Agreement is not based on any reliance upon the advice of any other party or its legal counsel. Each party
represents and warrants to the other party that in executing this Agreement such party has completely read this Agreement and that such party understands the terms of this Agreement and its significance. This Agreement shall be construed neutrally,
without regard to the party responsible for its preparation. 

 (d) Each party to this Agreement hereby represents and warrants to the other party that (i) the
execution, performance and delivery of this Agreement has been authorized by all necessary action by such party; (ii) the representative executing this Agreement on behalf of such party has been granted all necessary power and authority to act
on behalf of such party with respect to the execution, performance and delivery of this Agreement; and (iii) the representative executing this Agreement on behalf of such party is of legal age and capacity to enter into agreements which are
fully binding and enforceable against such party. 
 (e) This Agreement may be executed in any number of counterparts and may be delivered by
facsimile transmission, all of which taken together shall constitute a single instrument. 
 This Agreement is entered into and effective as
of the date first written above. 
  

									
	COMPANY:	 		 	INVESTOR:
			
	Public Media Works, Inc.	 		 	
				
	By:	 	/s/ Al Hayes	 		 	/s/ Kevin M. Kearney
		 	Al Hayes, CEO	 		 	Kevin M. Kearney
		 		 		 	Address:Board Compensation Policy

 Exhibit 10.1 
 ViroPharma Board Compensation Policy 
 Directors that are non-executive officers of ViroPharma, and directors that
are not affiliated with a person or entity that has been granted a contractual right to appoint a director to the Board of Directors (“Eligible Directors”), shall receive a cash retainer of $15,000 annually. The Chairman of the Board shall
receive an additional annual retainer of $30,000. The Audit Committee Chairman shall receive an additional annual retainer of $5,000. The Compensation Committee Chairman shall receive an additional annual retainer of $3,500. Eligible Directors shall
receive $2,500 for each board meeting attended, provided that no payments shall be made for teleconferences lasting less than one (1) hour, and $1,000 for each committee meeting, plus travel expenses, for each board and committee meeting that
they attend. 
 Eligible Directors shall receive an option grant of 25,000 shares, vesting in equal increments over 3 years, upon his or her initial election
to the Board. These directors also shall receive option grants once each year to purchase 10,000 shares of our common stock, vesting in full after one year from the date of grant. In a director’s initial year of service, he or she will be
entitled to receive (1) the 25,000 share initial election grant, and (2) a pro-rata portion of the 10,000 share annual grant.Adolor Corporation Incentive Compensation Plan

 Exhibit 10.1 
 

 
 ADOLOR CORPORATION 
 INCENTIVE COMPENSATION PLAN 
 Purpose 
 This plan is designed to provide Adolor employees with an incentive to achieve the Company’s annual corporate objectives. 
 Corporate Objectives 
 Major objectives for each year will be established by the Board of Directors. The most significant objectives
will be identified as such. 
 Evaluation of Corporate Performance 
 The Compensation Committee will evaluate performance against achievement of Corporate Objectives. For each objective, the evaluation will determine if there was: substantial progress made, achievement obtained or goal
exceeded. In addition, the Committee will consider achievement of milestones that had not been previously established as Corporate Objectives. As part of this deliberation, the Committee may recognize partial performance. Based on this analysis the
Committee will determine a Corporate Performance Rating. 
 Determination of the Incentive Compensation Pool 
 The Compensation Committee will determine the overall incentive compensation pool. The pool will be determined by multiplying the Corporate Performance Rating by the
salaries of the employees, multiplied by individual bonus target percentages. 
 Incentive Compensation Pool Allocation 
 The Compensation Committee shall annually review and approve incentive compensation awards for the CEO and executive management. The CEO will review and approve the bonus
pool allocation for all other employees based upon an assessment of departmental and individual performance against established objectives, and contributions to the realization of corporate objectives. The Compensation Committee may also consider
individual discretionary incentive compensation payments for exceptional individual performance, provided that the individual also contributed to the achievement of departmental goals. Individual compensation payments shall be capped at 200% of
target. 
 Criteria 
  

	•	 	 Incentive Compensation payments, if awarded, will be distributed in January of the subsequent year. 

  

	•	 	 Employees must be actively employed on the day the payout is distributed in order to receive such payout. 

  

	•	 	 If an employee is eligible to receive an incentive compensation payout and is on an approved leave of absence when such payout is distributed, the employee will
receive such payout upon return to active status. 

  

	
	  
 Confidential

 ADOLOR CORPORATION 
 INCENTIVE COMPENSATION PLAN 
  

	•	 	 New hires are eligible for the Incentive Compensation Program after completion of 90 days of employment, and payments will be prorated for the year’s length of
service. 

  

	•	 	 Employees must have attended all mandatory training and acknowledged compliance with all policies and required SOPs in order to receive incentive compensation
payout. 

  

	•	 	 Managers must have completed mid-year and annual performance reviews for all of their employees in order to receive incentive compensation payout.

  

	•	 	 An employee will be ineligible to receive an Incentive Compensation payout if on a Performance Improvement Plan or under any formal disciplinary action at the time
of the payout. Eligibility will be prorated for any time during the year that an employee is on a Performance Improvement Plan or under any formal disciplinary action. 

  

	•	 	 Adolor reserves the right to modify this plan at any time. 

 Adopted by Board of Directors January 6, 2005 
 Amended February 22, 2007 
 Amended April 9, 2008 
  

	
	Confidential

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