Document:

OFFICER/ DIRECTOR EMPLOYMENT AGREEMENT

CONSULTING AGREEMENT

THIS CONSULTING AGREEMENT (the "Agreement") is made and entered into as of this 1st day of September, 2010, between Tara Minerals Corp. a Nevada corporation (the "Company"), and  David Barefoot, an individual (the "Consultant"), who is located at 240 Columbus Circle, Longwood, FL 32750.

RECITALS

WHEREAS, the Consultant is desirous of being employed by the Company; and

WHEREAS, the Company has agreed with the Consultant upon the terms and conditions set forth in this Agreement.

NOW, THEREFORE, in consideration of the mutual agreements herein made, the Company and the Consultant do hereby agree as follows:

1. 

Recitals.  The above recitals are true, correct, and are herein incorporated by reference.

2. 

Enlargement.   The Company hereby employs the Consultant in the capacity of Corporate Communications and Investor Relations for Adit Resources Corp. and the Consultant hereby accepts such employment, upon the terms and conditions hereinafter set forth. 

3. 

Duties During Consulting Period.  During the "Term" (including any renewals thereof) as defined in Section 5 of this Agreement, the Consultant shall, subject to the authority and directions of the Company’s Board of Directors:

A. 

Advise and perform work for the Company with respect to matters associated with the Company’s investor relations. The scope of such work will be determined from time to time by agreement of the parties, however the initial scope of work will consist of communicating on behalf of the Company to the equity investment community which includes but is not limited to market makers, analysts, money managers, institutional investors, stock-brokers, accredited investors, mutual funds, broker-dealers, wire-houses, newspapers, television, and trade publications; and

B. 

Diligently devote the Consultant's time and efforts to the services contemplated by this Agreement and travel when and where necessary.

4. 

Compensation and Benefits.

A. 

Compensation.  For its services, the Consultant will be paid Seventy Thousand and Eight Hundred Dollars (US $100,800.00) per year or US $8,400.00 per month,  payable monthly, in arrears. 

B. 

Other Costs.  The Consultant may incur costs associated with work as needed and requested by the Company.  All costs over $__300__ must be approved by the Company.  All approved costs will be paid by the Company, in advance or upon invoice by the Consultant.

C. 

Bonus.  The Consultant shall be entitled to receive 200,000 options to purchase Tara Minerals Corp. (the "Company") stock at $1.00, with 100,000 shares vesting as of September 1, 2010 and the remaining options to vest at the rate of 50,000 every 3 months.  Notwithstanding the above, 

all options that vest will expire two years from the date of vesting; any options which have not vested upon the termination of this Agreement pursuant to Section 6 will expire and will no longer be exercisable. 

5. 

Term.   The term of this Agreement is twelve months and will commence on the Effective Date and end on August 31, 2011 (the “Term"), unless terminated pursuant to Section 6, of this Agreement, provided that the Consultant and the Company may, upon mutual written consent, renew this Agreement for such duration as may be mutually agreed upon by the parties ("Renewal Term"). For purposes of this Agreement, “Effective Date” shall mean September 1, 2010.

6. 

Consequences of Termination.  

A. 

Termination by the Company for Cause

(1)

Nothing herein shall prevent the Company from terminating this Agreement for "Cause" as hereinafter defined.  The Consultant shall continue to receive compensation only for the period ending with the date of such termination as provided in this Section 6A.  Any rights and benefits the Consultant may have in respect of any other compensation shall be determined in accordance with the terms of such other compensation arrangements or such plans or programs.

(2) 

“Cause” shall mean: 

(a) 

committing or participating in an act of fraud, gross neglect, intentional misrepresentation, or embezzlement against the Company; 

(b) 

committing or participating in any other wanton or willful act, monetarily or otherwise, which harms the Company;

(c)

the violation of any federal, state or provincial law or regulation with respect to the services to be provided by the Consultant pursuant to this Agreement; or

(d)

the breach of this Agreement.

(3)

Notwithstanding anything else contained in this Agreement, this Agreement will not be deemed to have been terminated for Cause unless and until there shall have been delivered to the Consultant a notice of termination stating that the Consultant committed one of the types of conduct set forth in this Section 6A.  

B.

Voluntary Termination.   In the event the Consultant terminates this Agreement on the Consultant's own volition (prior to the expiration of the Term or Renewal Term of this Agreement, such termination shall constitute a voluntary termination and in such event the Consultant shall only be entitled to compensation received.

7. 

Non-Disclosure of Confidential Information.

A. 

Consultant acknowledges that the Company's trade secrets, private or secret processes, as they exist from time to time, business records and plans, inventions, acquisition strategy, price structure and pricing, discounts, costs, computer programs and listings, source code and/or subject code, copyright, trademark, proprietary information, formulae, protocols, forms, procedures, methods for operating the Company's business, credit and financial data concerning the Company's clients, sales presentations, revenues, acquisitions, practices and plans and information which are embodied in written or otherwise recorded form, and other information of a confidential nature not known publicly or by other 

mining companies (collectively, the "Confidential Information") are valuable, special and unique assets of the Company, access to and knowledge of which have been provided to Consultant by virtue of Consultant's association with the Company.  In light of the highly competitive nature of the industry in which the Company's business is conducted, Consultant agrees that all Confidential Information, heretofore or in the future obtained by Consultant as a result of Consultant's association with the Company, shall be considered confidential.

B. 

The Consultant agrees that the Consultant shall: 

(1) 

hold in confidence and not disclose or make available to any third party any such Confidential Information obtained directly or constructively from the Company, unless so authorized in writing by the Company; 

(2) 

exercise all reasonable efforts to prevent third parties from gaining access to the Confidential Information; 

(3) 

take such protective measures as may be reasonably necessary to preserve the confidentiality of the Confidential Information. 

C.

Excluded from the Confidential Information, and therefore not subject to the provisions of this Agreement, shall be any information which the Consultant can show:

(1) 

at the time of disclosure, is in the public domain; or

(2) 

after the disclosure, enters the public domain by way of printed publication through no fault of the Consultant; or

(3) 

was in his possession at the time of disclosure and which was not acquired directly or indirectly from the Company; or 

(4) 

was acquired, after disclosure, from a third party who did not receive it from the Company, and who had the right to disclose the information without any obligation to hold such information confidential.  

D. 

Upon written request of the Company, Consultant shall return to the Company all written materials containing the Confidential Information.

  

8.

Covenants as Essential Elements of this Agreements; Survival of Covenants.

It is understood by and between the parties hereto that the foregoing covenants by Consultant contained in Section 7 of this Agreement shall be construed to be agreements independent of any other element of Consultant's relationship with the Company.  The existence of any other claim or cause of action, whether predicated on any other provision in this Agreement, or otherwise, as a result of the relationship between the parties, shall not constitute a defense to the enforcement of the covenants in Section 7 of this Agreement against Consultant.

9. 

Remedies and Enforcement.

A. 

Consultant acknowledges and agrees that the Company's remedy at law for a breach of any of the provisions of Section 7 herein would be inadequate and the breach shall be per se deemed as causing irreparable harm to the Company.  In recognition of this fact, in the event of a breach by Consultant of any of the provisions of Section 7, Consultant agrees that, in addition to any remedy at 

law available to the Company, including, but not limited to monetary damages, the Company, without posting any bond, shall be entitled to obtain equitable relief in the form of specific performance, temporary restraining order, temporary or permanent injunction or any other equitable remedy which may then be available to the Company.

B. 

It is further expressly understood and agreed that the provisions of this Agreement shall apply whether this Agreement is terminated by Company or Consultant or upon its expiration or termination.

C. 

Nothing herein contained shall be construed as prohibiting Company or Consultant from pursuing any other remedies available to it/ him for any breach or default of this Agreement.

10. 

Independent Contractor.

The Consultant will be considered an independent contractor and not an employee of the Company.  The Consultant will have not authority to bind the Company to any agreement.

The Consultant shall comply with all federal, state, and local laws, and rules and regulations that are now or may in the future become applicable to the Consultant, its business, equipment and personnel engaged in accomplishing the services contemplated by this Agreement or arising out of the performance of this Agreement.

The Consultant will not be treated as an employee for federal, state, or local tax purposes or for any other purpose.  No payroll or employment taxes of any kind shall be withheld or paid with respect to payments to the Consultant, including but not limited to FICA, FUTA, federal income tax, state personal income tax, state disability insurance tax, and state unemployment insurance tax.  The Consultant agrees that it is responsible for making all filings with and payments to the Internal Revenue Service and state and local taxing authorities as are appropriate to its status as a Consultant.

No workers’ compensation insurance has been or will be obtained by the Company for the Consultant.  The Consultant understands that he is not entitled to unemployment compensation benefits or any other benefits normally afforded to any employee of the Company, due to his status as a Consultant.

11. 

Freedom to Contract.  

The Consultant represents and warrants that the Consultant has the right to negotiate and enter into this Agreement, and that this Agreement does not breach, interfere with or conflict with any other existing contractual agreement

12. 

Effect on Prior Agreements.  

This Agreement supersedes any and all prior oral or written agreements, concerning the subject matter hereof, in their entirety between the parties, which shall be void and of no further force and effect after the date of this Agreement.

13. 

Notices. 

 Any notice required or permitted to be given under the terms of this Agreement shall be sufficient if in writing and if sent postage prepaid by registered or certified mail, return receipt requested, by overnight delivery, or by courier to the addresses of the respective parties set forth in the preamble of this Agreement. 

14.

Waiver.  

Unless agreed in writing, the failure of either party, at any time, to require performance by the other of any provision hereunder shall not affect its rights thereafter to enforce the same, nor shall a waiver by either party of any breach of any provision hereof be taken or held to be a waiver of any other preceding or succeeding breach of any term or provision of this Agreement.  No extension of time for the performance of any obligation or act shall be deemed to be an extension of time for the performance of any other obligation or act hereunder.

15. 

Complete Agreement. 

This Agreement contains the entire agreement between the parties hereto with respect to the contents hereof and supersedes all prior agreements and understandings between the parties with respect to such matters, whether written or oral.  Neither this Agreement nor any term or provision hereof may be changed, waived, discharged or amended in any manner other than by an instrument in writing, signed by the party against which the enforcement of the change, waiver, discharge or amendment is sought.

16. 

Counterparts.  

This Agreement may be executed in two or more counterparts, each of which shall be deemed an original but all of which shall constitute one agreement.

17. 

Binding Effect/Assignment.  

This Agreement shall be binding upon the parties hereto, their heirs, legal representatives, successors and assigns.  This Agreement shall not be assignable by the Consultant but shall be assignable by the Company in connection with the sale, transfer or other disposition of its business or to any of the Company's affiliates controlled by or under common control with the Company, with the written approval of Consultant.

18. 

Governing Law, Arbitration.   

The parties agree that this Agreement shall be deemed made and entered into in the State of Illinois and shall be governed and construed under and in accordance with the laws of the State of Illinois without giving effect to any principles of conflicts of law.  Any dispute in any way involving this Agreement will be settled through binding arbitration in Chicago, Illinois, in accordance with the commercial arbitration rules of the American Arbitration Association.  In connection with any arbitration proceeding, the prevailing party shall be entitled to recover its costs, including reasonable attorneys' fees.   

19.

Headings. 

The headings of the sections are for convenience only and shall not control or affect the meaning or construction or limit the scope or intent of any of the provisions of this Agreement.

20. 

Survival.  

Any termination of this Agreement shall not affect the ongoing provisions of this Agreement which shall survive such termination in accordance with their terms.

21. 

Severability. 

Whenever possible, each provision of this Agreement will be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability will not affect any other provision or any other jurisdiction as if such invalid, illegal or unenforceable provision had never been contained herein. 

22. 

Construction.  

This Agreement shall be constructed within the fair meaning of each of its terms and not against the party drafting the document.

23. 

Service Restriction. 

Nothing in this Agreement will prevent or restrict Consultant from serving on the Board of Directors of any public or private companies and receive compensation from such service.

THE PARTIES TO THIS AGREEMENT HAVE READ THIS AGREEMENT, UNDERSTAND ITS TERMS AND CONDITIONS, HAVE HAD THE OPPORTUNITY TO CONSULT WITH INDEPENDENT COUNSEL OF THEIR OWN CHOICE AND AGREE TO BE BOUND BY ITS TERMS AND CONDITIONS.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.

TARA MINERALS CORP.

Signature:

Print:

Signature:

David S. BarefootEEFT 6302011 EX10.1 Euronet Worldwide Inc Employee Stock Purchase Plan as amended

    
        Exhibit 10.1                                                                    

EURONET WORLDWIDE, INC. 
 EMPLOYEE STOCK PURCHASE PLAN

ARTICLE I
INTRODUCTION

1.01  Purpose.  The Euronet Worldwide, Inc. Employee Stock Purchase Plan (the “Plan”) is intended to provide a method whereby employees of Euronet Worldwide Inc. (the “Company”) and its Eligible Subsidiary Companies (as defined below) will have an opportunity to acquire a proprietary interest in the Company through the purchase of shares of the Common Stock of the Company.  

1.02  Rules of Interpretation.  It is the intention of the Company to have the Plan qualify as an “employee stock purchase plan” under Section 423 of the Internal Revenue Code of 1986, as amended (the “Code”).  The provisions of the Plan shall be construed so as to extend and limit participation in a manner consistent with the requirements of that section of the Code.

ARTICLE II
DEFINITIONS

2.01  “Board” shall mean the Board of Directors of the Company.

2.02  “Compensation” shall mean the gross cash compensation (including, wage, salary and overtime earnings) paid by the Company or any Eligible Subsidiary Company to a participant in accordance with the terms of employment, but excluding all bonus payments, expense allowances and compensation paid in a form other than cash.

2.03  “Committee” shall mean the individuals described in Article XI.

2.04  “Eligible Subsidiary Company” shall mean each Subsidiary Company the employees of which are entitled to participate in the Plan, as listed or referred to on Schedule 2.03 hereto, subject to the discretion of the Board or the Plan Representative at any time and from time to time to approve changes the designations within Schedule 2.03 from among a group consisting of Subsidiary Companies.

2.05  “Employee” shall mean any person employed by the Company or any Eligible Subsidiary Company, including any full-time, part-time or temporary employee.

2.06  “Fair Market Value” shall mean as of any date, the value of Common Stock of the Company determined as follows:

(a)  If the Common Stock is listed on any established stock exchange or a national market system, including without limitation the Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, its Fair Market Value shall be the closing sales price for such stock (or the closing bid, if no sales were reported) as quoted on such exchange or system for the last market trading day on the date of such determination, as reported in The Wall Street Journal or such other source as the Board deems reliable;

(b)  If the Common Stock is regularly quoted by a recognized securities dealer but selling 

prices are not reported, its Fair Market Value shall be the mean of the closing bid and asked prices for the Common Stock on the date of such determination, as reported in The Wall Street Journal or such other source as the Board deems reliable; or

(c)  In the absence of an established market for the Common Stock, the Fair Market Value thereof shall be determined in good faith by the Board.

2.07  “Plan Representative” shall mean any person designated from time to time by the Committee to receive certain notices and take certain other administrative actions relating to participation in the Plan.

2.08  “Subsidiary Company” shall mean any present or future corporation which is or becomes a “Subsidiary Company” of the Company as that term is defined in Section 424 of the Code.

ARTICLE III
ELIGIBILITY AND PARTICIPATION

3.01  Initial Eligibility. Each Employee who shall have completed three consecutive months of employment with the Company or any corporation or entity acquired by the Company or any Eligible Subsidiary Company and shall be employed by the Company or any Eligible Subsidiary Company on the date his or her participation in the Plan is to become effective shall be eligible to participate in Offerings (as defined below) under the Plan which commence after such three-month period has concluded.  Persons who are not Employees shall not be eligible to participate in the Plan.

3.02  Restrictions on Participation.  Notwithstanding any provision of the Plan to the contrary, no Employee shall be granted an option to purchase shares of Common Stock under the Plan:

(a)  if, immediately after the grant, such Employee would own stock and/or hold outstanding options to purchase stock possessing 5% or more of the total combined voting power or value of all classes of stock of the Company (for purposes of this paragraph, the rules of Section 424(d) of the Code shall apply in determining stock ownership of any Employee); or

(b)  which permits such Employee's rights to purchase stock under all employee stock purchase plans (as that term is defined in Section 423(b) of the Code) of the Company to accrue at a rate which exceeds $25,000 of fair market value of the stock (determined at the time such option is granted) for each calendar year in which such option is outstanding at any time.

3.03  Commencement of Participation.  An eligible Employee may become a participant by completing an enrollment form provided by the Company and filing the completed form with the Plan Representative on or before the filing date set therefor by the Committee, which date shall be prior to the Offering Commencement Date for the next following Offering (as such terms are defined below), unless a later time for submission of the form is set by the Committee for all eligible Employees with respect to a given Offering Period.  Payroll deductions for a participant shall commence on the next following Offering Commencement Date after the Employee's authorization for payroll deductions becomes effective and shall continue until termination of the Plan or the participant's earlier termination of participation in the Plan.  Each participant in the Plan shall be deemed to continue participation until termination of the Plan or such participant's earlier termination of participation in the Plan pursuant to Article VIII below.

ARTICLE IV

STOCK SUBJECT TO THE PLAN AND OFFERINGS

4.01  Stock Subject to the Plan.  Subject to the provisions of Section 12.04 of the Plan, the Board shall reserve for issuance under the Plan an aggregate of one million (1,000,000) shares of the Company's common stock (the “Common Stock”), which shares shall be authorized but unissued shares of Common Stock.  If, on a given Offering Termination Date, the number of shares with respect to which options are to be exercised exceeds the number of shares then available under the Plan, the Committee shall make a pro rata allocation of the shares remaining available for purchase in as uniform manner as shall be practicable and as it shall determine to be equitable.  The Board may from time to time reserve additional shares of authorized and unissued Common Stock for issuance pursuant to the Plan; provided, however, that at no time shall the number of shares of Common Stock reserved be greater than permitted by applicable law.

4.02  Offerings.  The Plan shall be implemented by a series of Offerings of the Company's Common Stock (the “Offerings”) of three (3) months duration, with new Offerings commencing on or about January 1, April 1, July 1 and October 1 of each year (or at such other dates as the Committee shall determine); provided that the first Offering will be for the period commencing February 1, 2003 and ending March 31, 2003.  The first day of each Offering shall be deemed the “Offering Commencement Date” and the last day the “Offering Termination Date” for such Offering. The Committee shall have the power to change the duration and/or the frequency of future Offerings without stockholder approval if such change is announced at least five (5) days prior to the beginning of the first Offering to be affected and the duration of such Offering does not exceed twenty-seven (27) months.  Each Offering shall be in such form and shall contain such terms and conditions as the Committee shall deem appropriate, which shall comply with the requirements of Section 423(b)(5) of the Code that all Employees granted options to purchase shares of Common Stock under the Plan shall have the same rights and privileges.  The Plan shall continue until terminated in accordance with Section 12.05.

ARTICLE V
PAYROLL DEDUCTIONS AND SUBSCRIPTIONS

5.01  Amount of Deduction.  The form described in Section 3.03 will permit a participant to elect during each Offering (except Offerings as to which the participant is suspended from participating in accordance with Section 8.02) payroll deductions to occur in an amount determined by the participant.  In addition, for each Eligible Subsidiary Company that establishes a sub-plan pursuant to Section 11.04(b), the Plan Representative may in its discretion permit employees of the Eligible Subsidiary Company to subscribe to pay the Company a fixed dollar amount in one payments completed on or before the Offering Termination Date.  In all cases, the amount of each participant's payroll deductions or subscriptions may be limited in order to comply with the requirements of Section 3.02(b).

5.02  Participant's Account.  All payroll deductions and payments made for or by a participant pursuant to Section 5.01 shall be credited to an account established for such participant under the Plan.  

5.03  Changes in Payroll Deductions and Payments.  A participant may reduce or increase future payroll deductions or payments made pursuant to Section 5.01 by filing with the Plan Representative a form provided by the Company for such purpose.  The effective date of any increase or reduction in future payroll deductions or payments pursuant to Section 5.01 will be the next Offering Commencement Date that both succeeds processing of the change form and involves an Offering in which the participant is eligible to participate, taking into account any suspension of participation that Section 8.02 requires.  A participant's changed enrollment election pursuant to Section 5.01 shall remain in effect for successive Offerings unless terminated as provided in Section 8.01.

ARTICLE VI
GRANTING OF OPTION

6.01  Number of Option Shares.  On or prior to the Offering Commencement Date, the Committee shall specify a maximum number of shares of Common Stock that may be purchased by each participant during the Offering subject to any adjustment pursuant to Section 12.04, the limitations of Section 3.02(b) and 4.01, and any suspensions of participation pursuant to Section 8.02.  For each Offering commencing on or after February 1, 2003, the maximum number of shares which may be purchased by each participant during the Offering shall not exceed 3,000 shares (subject to the discretion of the Plan Representative to increase or decrease this limit on a prospective basis, through advance written notice to Plan participants).

6.02  Offering Price.  The option price of Common Stock purchased with payroll deductions made during any Offering (the “Offering Price”) for a participant therein shall be the lesser of:

(a)  85% of the Fair Market Value of the shares of Common Stock on the Offering Commencement Date, or

(b)  85% of the Fair Market Value of the shares of Common Stock on the Offering Termination Date.

ARTICLE VII
EXERCISE OF OPTION

7.01  Automatic Exercise.  Each Plan participant's option for the purchase of stock with payroll deductions (or payments pursuant to Section 5.01) made during any Offering will be deemed to have been exercised automatically on the applicable Offering Termination Date for the purchase of the number of shares of Common Stock which the accumulated payroll deductions and payments pursuant to Section 5.01 in the participant's account at the time will purchase at the applicable Offering Price (but not in excess of the number of shares for which outstanding options have been granted to the participant pursuant to Section 6.01).

7.02  Withdrawal of  Account.  No participant in the Plan shall be entitled to withdraw any amount from the accumulated payroll deductions (and contributions pursuant to Section 5.01) in his or her account; provided, however, that a participant's accumulated payroll deductions (and contributions pursuant to Section 5.01) shall be refunded to the participant as and to the extent specified in Section 8.01 below upon termination of such participant's participation in the Plan.

7.03  Fractional Shares.  Fractional shares of Common Stock may be issued under the Plan.

7.04  Exercise of Options.  During a participant's lifetime, options held by such participant shall be exercisable only by such participant.

7.05  Delivery of Stock.  As promptly as practicable after the Offering Termination Date of each Offering, the Company will deliver to each participant in such Offering, as appropriate, the shares of Common Stock purchased therein upon exercise of such participant's option.  The Company may deliver such shares in certificated or book entry form, at the Company's sole election.

7.06  Stock Transfer Restrictions.  The Plan is intended to satisfy the requirements of Section 423 of the Code.  A participant will not obtain the benefits of this provision if such participant disposes of 

shares of Common Stock acquired pursuant to the Plan within two (2) years from the Offering Commencement Date or within one (1) year from the date such Common Stock is purchased by the participant, whichever is later.

ARTICLE VIII
WITHDRAWAL

8.01  In General.  A participant may stop participating in the Plan at any time by giving written notice to the Plan Representative.  Upon processing of any such written notice, no further payroll deductions will be made from the participant's Compensation during such Offering or thereafter, unless and until such participant elects to resume participation in the Plan, in accordance with Section 8.02 hereof, by providing written notice to the Plan Representative pursuant to Section 3.03 above.  Such participant's payroll deductions and payments accumulated pursuant to Section 5.01 prior to processing of such notice shall be applied toward purchasing shares of Common Stock in the then-current Offering as provided in Section 7.01 above.  Any cash balance remaining after the purchase of shares in such Offering shall be refunded promptly to such participant.

8.02  Effect on Subsequent Participation.  A participant's withdrawal from an Offering pursuant to Section 8.01 (including as a deemed withdrawal a participant's failure to make all subscription payments required pursuant to Section 5.01 on or before an Offering Termination Date) will result in the participant's suspension from Plan participation for the remaining of the Offering and for the subsequent three Offerings.  The participant's suspension will not thereafter have any effect upon such participant's eligibility to participate in any succeeding Offering or in any similar plan which may hereafter be adopted by the Company and for which such participant is otherwise eligible.  

8.03  Termination of Employment.  Upon termination of a participant's employment with the Company or any Eligible Subsidiary Company (as the case may be) for any reason, including retirement or death, then -
(i) any shares that the Company or the Plan holds for the participant pursuant to the Plan will be issued and delivered to the participant (or the participant's estate in the event the particiant is deceased) unless the Plan Representative determines in its discretion that the participant has before such employment termination date provided directions (in a form and manner acceptable to the Plan Representative) that are sufficient and timely to permit a transfer of such shares within the thirty-day period following the participant's termination of employment; and 

(ii) the participant's payroll deductions and contributions accumulated pursuant to Section 5.01 prior to such termination, if any, shall be refunded to him or her, or, in the case of his or her death, to the person or persons entitled thereto under Section 12.01, and his or her participation in the Plan shall be deemed to be terminated.

8.04    Hardship Withdrawal.  Hardship distributions may be made without suspension of a participant's right to re-enroll in a future Offering (as otherwise required under Section 8.02).  A participant will be considered to have a hardship if a distribution is necessary to pay --
		
	•
	any of the following expenses with respect to the participant, the participant's spouse or significant other, or a member of the participant's immediate family: uninsured medical expenses, or tuition or related expenses for the next 12 months of post-secondary education, 

		
	•
	expenses associated with the purchase of the participant's principal residence, 

		
	•
	the costs necessary to avoid foreclosure or eviction from the participant's principal 

residence,
		
	•
	any amount the participant requests within 90 days following the death of the participant's spouse or significant other, or 

		
	•
	any amount the participant's designated beneficiary requests within 90 days following the death of the participant.

ARTICLE IX
INTEREST

9.01  Payment of Interest.  No interest will be paid or allowed on any money paid into the Plan or credited to the account of or distributed to any participant Employee.

ARTICLE X
STOCK

10.01  Participant's Interest in Option Stock.  No participant will have any interest in shares of Common Stock covered by any option held by such participant until such option has been exercised as provided in Section 7.01 above.

10.02  Registration of Stock.  Shares of Common Stock purchased by a participant under the Plan will be registered in the name of the participant, or, if the participant so directs by written notice to the Plan Representative prior to the Offering Termination Date applicable thereto, in the names of the participant and one such other person as may be designated by the participant, as joint tenants with rights of survivorship or as tenants by the entireties, to the extent permitted by applicable law.

10.03  Restrictions on Exercise.  The Committee may, in its discretion, require as conditions to the exercise of any option that the shares of Common Stock reserved for issuance upon the exercise of such option shall have been duly listed, upon official notice of issuance, upon a stock exchange or market, and that either:

(a)  a registration statement under the Securities Act of 1933, as amended, with respect to said shares shall be effective, or

		
	(a)
	the participant shall have represented at the time of purchase, in form and substance satisfactory to the Company, that it is his or her intention to purchase the shares for investment and not for resale or distribution.

ARTICLE XI
ADMINISTRATION

11.01  Appointment of Committee.  The Board shall appoint a committee (the “Committee”) to administer the Plan, which shall consist solely of no fewer than three “non-employee directors” (as defined in Rule 16b-3(a)(3) promulgated under the Securities Act of 1933, as amended).

11.02  Authority of Committee.  Subject to the express provisions of the Plan, the Committee shall have plenary authority in its discretion to interpret and construe any and all provision of the Plan, to adopt rules and regulations for administering the Plan, and to make all other determinations deemed necessary or advisable for administering the Plan.  The Committee's determination of the foregoing matters shall be conclusive.  Without regard to whether any participant rights may be considered to have been “adversely affected,” the Committee shall be entitled to limit the frequency and/or number of changes in the amount 

withheld during an Offering, establish the exchange ratio applicable to amounts withheld in a currency other than U.S. dollars, permit payroll withholding in excess of the amount designated by a participant in order to adjust for delays or mistakes in the Company's processing of properly completed withholding elections, establish reasonable waiting and adjustment periods and/or accounting and crediting procedures to ensure that amounts applied toward the purchase of Common Stock for each participant properly correspond with amounts withheld from the participant's Compensation, and establish such other limitations or procedures as the Committee determines in its sole discretion advisable that are consistent with the Plan.

11.03  Rules Governing the Administration of the Committee.  The Board may from time to time appoint members of the Committee in substitution for or in addition to members previously appointed and may fill vacancies, however caused, in the Committee.  The Committee may select one of its members as its chairman, shall hold its meetings at such times and places as it shall deem advisable, and may hold telephonic meetings.  All determinations of the Committee shall be made by a majority of its members.  A decision or determination reduced to writing and signed by a majority of the members of the Committee shall be as fully effective as if it had been made by a majority vote at a meeting duly called and held.  The Committee may appoint a secretary and shall make such rules and regulations for the conduct of its business as it shall deem advisable.

11.04  Rules For Foreign Jurisdictions And Non-423 Plan.

(a)Local Rules and Procedures.  The Company may adopt rules or procedures relating to the operation and administration of the Plan to accommodate the specific requirements of local laws and procedures. Without limiting the generality of the foregoing, the Company is specifically authorized to adopt rules and procedures regarding handling of payroll deductions, payment of interest, conversion of local currency, payroll tax, withholding procedures and handling of stock certificates which vary with local requirements.
(b)Sub-Plans.  The Company may also adopt sub-plans applicable to particular Subsidiary Companies or locations, which sub-plans may be designed to be outside the scope of Code section 423.  The rules of such sub-plans may take precedence over other provisions of this Plan, but unless otherwise superseded by the specific terms of such sub-plan, the provisions of this Plan shall govern the operation of such sub-plan.  Schedule 11.04(b) hereto designates all Subsidiary Companies that are establishing sub-plans as of the Effective Date.  These Subsidiary Companies are becoming Eligible Subsidiary Companies as of the Effective Date for all purposes of the Plan except they are not adopting the Plan pursuant to Code section 423 and are therefore outside its scope.

ARTICLE XII
MISCELLANEOUS

12.01  Designation of Beneficiary.  A participant may file with the Plan Representative a written designation of a beneficiary who is to receive any shares of Common Stock and/or cash under the Plan upon the participant's death.  Such designation of beneficiary may be changed by the participant at any time by written notice to the Plan Representative.  Upon the death of a participant and receipt by the Company of proof of identity and existence at the participant's death of a beneficiary validly designated by the participant under the Plan, and subject to Article VIII above concerning withdrawal from the Plan, the Company shall deliver such shares of Common Stock and/or cash to such beneficiary.  In the event of the death of a participant lacking a beneficiary validly designated under the Plan who is living at the time of such participant's death, the Company shall deliver such shares of Common Stock and/or cash to the executor or administrator of the estate of the participant, or if no such executor or administrator has been appointed (to the knowledge of the Company), the Company, in its discretion, may deliver such shares of 

Common Stock and/or cash to the spouse or to any one or more dependents of the participant, in each case without any further liability of the Company whatsoever under or relating to the Plan.  No beneficiary shall, prior to the death of the participant by whom he or she has been designated, acquire any interest in the shares of Common Stock and/or cash credited to the participant under the Plan.

12.02  Transferability.  Neither payroll deductions or payments credited to any participant's account pursuant to Section 5.01 nor any option or rights with regard to the exercise of an option or to receive Common Stock under the Plan may be assigned, transferred, pledged, or otherwise disposed of in any way by the participant other than by will or the laws of descent and distribution.  Any such attempted assignment, transfer, pledge or other disposition shall be without effect, except that the Company may, in its discretion, treat such act as an election to withdraw from participation in the Plan in accordance with Section 8.01.

12.03  Use of Funds.  All payroll deductions and payments received or held by the Company under the Plan may be used by the Company for any corporate purpose.  The Company shall not be obligated to segregate such payroll deductions.

12.04  Adjustment Upon Changes in Capitalization.

(a)  If, while any options are outstanding under the Plan, the outstanding shares of Common Stock of the Company have increased, decreased, changed into, or been exchanged for a different number or kind of shares or securities of the Company through any reorganization, merger, recapitalization, reclassification, stock split, reverse stock split or similar transaction, appropriate and proportionate adjustments may be made by the Committee in the number and/or kind of shares which are subject to purchase under outstanding options and in the Offering Price or Prices applicable to such outstanding options.  In addition, in any such event, the number and/or kind of shares which may be offered in the Offerings described in Article IV hereof shall also be proportionately adjusted.  No such adjustments shall be made for or in respect of stock dividends.  For purposes of this paragraph, any distribution of shares of Common Stock to shareholders in an amount aggregating 20% or more of the outstanding shares of Common Stock shall be deemed a stock split, and any distribution of shares aggregating less than 20% of the outstanding shares of Common Stock shall be deemed a stock dividend.

(b)  Upon the dissolution or liquidation of the Company, or upon a reorganization, merger or consolidation of the Company with one or more corporations as a result of which the Company is not the surviving corporation, or upon a sale of substantially all of the property or capital stock of the Company to another corporation, the holder of each option then outstanding under the Plan will thereafter be entitled to receive at the next Offering Termination Date, upon the exercise of such option, for each share as to which such option shall be exercised, as nearly as reasonably may be determined, the cash, securities and/or property which a holder of one share of the Common Stock was entitled to receive upon and at the time of such transaction.  The Board shall take such steps in connection with such transactions as the Board shall deem necessary to assure that the provisions of this Section 12.04 shall thereafter be applicable, as nearly as reasonably may be determined, in relation to the said cash, securities and/or property as to which each such holder of any such option might hereafter be entitled to receive.

12.05  Amendment and Termination.

(a)  The Board may at any time and for any reason terminate or amend the Plan.  Except as provided in Section 12.04, no such termination can affect options previously granted, provided that an Offering may be terminated by the Board on any Offering Termination Date if the Board determinates that the termination of the Offering or the Plan is in the best interests of the Company and its stockholders.  Except as provided in Section 12.04 and this Section 12.05, no amendment may make any change in any option theretofore granted that adversely affects the rights of any participant.  To the extent necessary to comply with Section 423 of the Code (or any other applicable law, regulation or stock exchange rule), the Company shall obtain shareholder approval in such a manner and to such a degree as required.

(b)  In the event the Board determines that the ongoing operation of the Plan may result in unfavorable financial accounting consequences, the Board may, in its discretion and, to the extent necessary or desirable, modify or amend the Plan to reduce or eliminate such accounting consequence including, but not limited to:

(i)  altering the Offering Price for any Offering, including an Offering underway at the time of the change in the Offering;

(ii)  shortening any Offering so that Offering ends on a new Offering Termination Date, including an Offering underway at the time of the Board action; and

(iii)  allocating shares.

Such modifications or amendments shall not require stockholder approval or the consent of any participants.

12.06  Effective Date.  The Plan shall become effective as of February 1, 2003, regardless of whether or not the Plan receives approval by the holders of a majority of the shares of Common Stock present and represented at any special or annual meeting of the shareholders of the Company duly held within 12 months after adoption of the Plan (because such approval is being sought solely in order for the Plan to meet the requirements of Section 423 of the Code).  

12.07  No Employment Rights.  The Plan does not, directly or indirectly, create in any person any right with respect to continuation of employment by the Company or any Subsidiary Company, and it shall not be deemed to interfere in any way with the Company's or any Subsidiary Company's right to terminate, or otherwise modify, any employee's employment at any time.

12.08  Effect of Plan.  The provisions of the Plan shall, in accordance with its terms, be binding upon, and inure to the benefit of, all successors of each Employee participating in the Plan, including, without limitation, such Employee's estate and the executors, administrators or trustees thereof, heirs and legatees, and any receiver, trustee in bankruptcy or representative of creditors of such Employee.

12.09  Governing Law.  The law of the State of Delaware will govern all matters relating to this Plan except to the extent superseded by the federal laws of the United States.

Schedule 2.03 to
Euronet Worldwide Inc. Employee Stock Purchase Plan

Eligible Subsidiary Companies

1.    Euronet USA Inc.
2.    PaySpot, Inc.
3.    Continental Exchange Solutions, Inc.
4.    RIA Telecommunications of New York, Inc.
5.    RIA Envia, Inc.
6.    Telecomnet, Inc.
7.    Continental Payment Solutions, Inc.

Schedule 11.04(b) to
Euronet Worldwide Inc. Employee Stock Purchase Plan

Eligible Subsidiary Companies
Adopting Sub-Plans:

1.RIA Telecommunications of Canada Inc.
2.RIA de la Hispaniola, C.porA
3.Envia Telecomunicaciones, S.A.
4.Euronet Adminisztracios Szolgaltato Kft.
5.Euronet Banktechnikai Szolgaltato Kft 
6.Bankomat 24 / Euronet Sp. z.o.o.
7.Omega Logic Ltd.
8.transact Elektronische Zahlungssysteme GmbH
9.EFT-Usluge d.o.o.
10.Euronet Services GmbH
11.Euronet Services, Spol. s.r.o.
12.Euronet Services S.R.L.
13.EFT Services Holding B.V.
14.epay Ltd.
15.Electronic Transactions Network Ltd.
16.Gescoro Inc.
17.e-pay (M) Sdn Bhd
18.PT G4S Euronet Nusantara
19.epay Australia Pty. Ltd.
20.EFT Usluge d.o.o.
21.Brodos Romania S.R.L.
22.RIA Financial Services Ltd.
23.Europlanet d.o.o. Beograd
24.Euronet Services India Pvt. Ltd.
25.ATX Software Limited
26.RIA Envia Financial Services GmbH
27.epay New Zealand Ltd.
28.Euronet Services Slovakia, spol. s r. o
29.e-pay Holdings Ltd.

30.e-pay Australia Holdings Pty. Ltd.
31.Delta Euronet GmbH
32.RIA Italia S.R.L.
33.Euronet Business Holdings S.L.
34.Euronet Movilcarga S.L.
35.Euronet Telerecarga S.L.
36.Euronet Services LLC
37.RIA Financial Services AG
38.Euronet Bulgaria EOOD
39.RIA Financial Services Australia Pty. Ltd.
40.Euronet Asia Holdings Limited
41.EWI Foreign Holdings Limited
42.Euronet China Co., Ltd.
43.Euronet Card Services S.A.
44.Euronet Middle East W.L.L.
45.Euronet Essentis Ltd.
46."Euronet Ukraine" Limited Liability Company
47.Euronet Pay & Transaction Services S.R.L.
48.RIA France SAS
49.RIA Spain Holdings S.L.
50.Euronet Elektronik Ýþlem Hizmetleri Limited Þirketi 
51.RIA Financial Services New Zealand Ltd.
52.RIA Envia Financial Services Belgium
53.RIA de Centroamérica, S.A. de C.V.
54.Euronet Prepaid Hellas Ltd.
55.RIA Financial Services Puerto Rico, Inc.
56.e-pay S.R.L.
57.ATX Middle East FZC
58.Cashlink Bangladesh Ltd.
59.Euronet Payment & Card Services Ltd.
60.Euronet Payment Services Ltd.
61.epay France SAS
62.XBA Szolgaltato Kft.
63.RIA Money Transfer Services Pvt. Ltd.
64.Euronet Middle East, Africa & Pakistan LLC
65.RIA Netherlands Holding B.V.
66.Euronet Pakistan Holdings Inc.
67.Telecom Net S.A. Logistica Digital
68.RIA Financial Services Sweden AB
69.RIA Financial Services Ireland Ltd.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00192-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00192-of-00352.parquet"}]]