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Exhibit 10.1.1  

 
  Award Agreement
  under the
  Advanstar Holdings Corp.
  2000 Management Incentive Plan    
    

	 
	 	 

	Date of Grant:	 	January     , 2001
	

Name of Optionee:	
 	

                                         
                 
	

Number of Shares

    Super Performance Vesting:	
 	

                                         
        Shares
	

Exercise Price:	
 	

$    .    /Share
	

Expiration Date:	
 	

January     , 2011

        Advanstar
Holdings Corp. (formerly known as Jetman Acquisition Corp), a Delaware corporation (the "Company"), hereby grants to the
above-named optionee (the "Optionee") a super performance vesting option (the "Super Performance Vesting
Option", the "Options") to purchase from the Company, for the price per share set forth above, the number of shares of common
stock, par value $0.01 per share
(the "Shares"), of the Company set forth above pursuant to the Advanstar Holdings Corp. 2000 Management Incentive Plan (the
"Plan"). The Options are not intended to be treated as incentive stock options under the Code. 

        Capitalized
terms not otherwise defined herein shall have the same meanings as in the Plan. The terms and conditions of the Option granted hereby, to the extent not controlled by the
terms and conditions contained in the Plan, are as follows: 

        1.     Exercise Price. The price (the "Exercise Price") at which each Share
subject to the Options may be purchased shall be the price set forth above. 

        2.     Number of Shares; Exercise. The number of Shares for which the Option may be exercised is set forth above. To the extent
that an Option has become vested in accordance with Section 3 below, such Option may be exercised at any time until the expiration date (the "Expiration
Date") set forth above, subject to the terms of the Plan and Section 4 below. 

        3.     Vesting.

        (a)   To
the extent not previously vested in accordance with Section 3(c), the Option shall become fully vested and exercisable on the ninth anniversary of the date of
grant set forth above (the "Date of Grant"); provided that the Optionee is then, and at all times since
the Date of Grant has been, in the employment of (or, in the case of a non-employee director of the Company or any Subsidiary or Affiliate thereof or a consultant to the Company or any
Subsidiary or Affiliate thereof, in the service of) the Company or a Subsidiary or Affiliate thereof. 

        (b)   Notwithstanding
anything to the contrary in this Agreement, the Options and any Shares acquired from any exercise of the Options shall be subject to the resale
restriction and Company repurchase right set forth in Section 6 below. 

        (c)   Upon
the occurrence of a Liquidity Event, the Super Performance Vesting Option shall vest in its entirety and become immediately exercisable. A
"Liquidity Event" means any event in connection with which the DLJ Funds realize cash in respect of their investment of shares of capital stock of the
Company, including without limitation a sale, partial sale, liquidation, partial liquidation or dividend; provided that (i) if such realization
occurs on or prior to the third anniversary of the Effective Time, as defined in the Merger Agreement (the "Effective Time"), such amount of cash, added
to all cash previously received by the DLJ Funds in connection with their aggregate capital investment, (the "DLJ Capital Investment"), 

 

equals
or exceeds on a cumulative basis 200% of the DLJ Capital Investment; (ii) if such realization occurs after the third anniversary of the Effective Time but prior to the fourth anniversary
of the Effective Time, such amount of cash, added to all cash previously received by the DLJ Funds in connection with their investment, equals or exceeds 300% of the DLJ Capital Investment; and
(iii) if such realization occurs on or after the fourth anniversary of the Effective Time, such amount of cash equals or exceeds 400% of the DLJ Capital Investment. 

        4.     Manner of Exercise; Effect of Termination. 

        (a)   The
Optionee (and, to the extent applicable, any heirs or legal representatives thereof) may exercise any portion of the Options which have become exercisable in
accordance with the terms hereof as to all or any of the Shares then available for purchase by delivering to the Company written notice specifying: 

          (i)  the
number of whole Shares to be purchased together with payment in full of the aggregate Exercise Price of such Shares;  provided that the Options may not be exercised for less than 100 Shares or the number
of Shares remaining subject to the Options, whichever is smaller; 

         (ii)  the
address to which dividends, notices, reports, etc. are to be sent; and 

        (iii)  the
Optionee's social security number. 

        Payment
shall be (1) in cash, by certified or bank cashier's check payable to the order of the Company, free from all collection charges, (2) in unencumbered Shares
(provided that such shares shall have been held by the Optionee for at least six months unless the Compensation Committee determines in its sole
discretion that such six-month holding period is not necessary to comply with any accounting, legal or regulatory requirement) having a Fair Market Value equal to the full amount of the
Exercise Price therefor, (3) if Shares are then traded on a national securities exchange or on the Nasdaq National Market (or successor trading system) delivery of an irrevocable and
unconditional undertaking, satisfactory in form and substance to the Company, by a creditworthy broker to deliver promptly to the Company sufficient funds to pay the exercise price, or delivery by the
Optionee to the Company of a copy of irrevocable and unconditional instructions, satisfactory in form and substance to the Company, to a creditworthy broker to deliver promptly to the Company cash or
check sufficient to pay the exercise price, or (4) in such other form as may be permitted by the Compensation Committee. As the sole discretion of the Compensation Committee, the Optionee may
satisfy any tax withholding obligations by having the Company withhold Shares which would otherwise be issued to the Optionee upon the exercise of the Option having a Fair Market Value equal to the
full amount of the tax with
respect to such Shares, where such tax is calculated using the applicable federal statutory rate. Only one stock certificate will be issued unless the Optionee otherwise requests in writing. Shares
purchased upon exercise of the Option will be issued in the name of the Optionee or the Optionee's Permitted Transferee. The Optionee shall not be entitled to any rights as a stockholder of the
Company in respect of any Shares covered by the Options until such Shares shall have been paid for in full and issued to the Optionee. 

        (b)   If
the Optionee ceases to be employed by, or in the service of, the Company or any of its Subsidiaries, other than by reason of death or disability, voluntary
resignation or termination for Cause, no further installments of the Options shall vest and the Options shall expire and may no longer be exercised (to the extent exercisable on the last day of
employment or service) after the passage of three months from the Optionee's last day of employment or service, as the case may be, but in no case later than the scheduled expiration date. If the
Optionee ceases to be employed by, or in the service of, the Company or any of its Subsidiaries, by reason of death or disability, no further installments of the Options shall 

2

 

vest
and the Options shall expire and may no longer be exercised (to the extent exercisable on the last day of employment or service), by the Optionee's estate, legal representatives or Persons to
whom the Options are transferred pursuant to Section 5, after the passage of 365 days from the Optionee's last day of employment or service, as the case may be. If the Optionee ceases to
be employed by, or in the service of, the Company or any of its Subsidiaries, by reason Optionee's voluntary resignation, no further installments of the Options shall vest and the Options shall expire
and may no longer be exercised (to the extent exercisable on the last day of employment or service) after the passage of 30 days from the Optionee's last day of employment or service, as the
case may be, but in no case later than the scheduled expiration date. If the employment or service of the Optionee is terminated for Cause, the Options shall expire and may no longer be exercised upon
the Optionee's receipt of written notice of such termination and shall thereafter not be exercisable to any extent whatsoever. 

        5.     Non-Transferability of Options. The Options are personal to the Optionee and may be exercised only by the
Optionee (and, to the extent applicable, any heirs or legal representatives thereof). Except as provided in Section 6, the Options shall not be transferable other than by will or the laws of
descent and distribution. 

        6.     Right of Repurchase. 

        (a)   If
the Optionee's employment with the Company or a Subsidiary thereof is terminated (x) by the Company or a Subsidiary thereof without Cause or (y) by the
Optionee for Good Reason, then the Option, to the extent vested as of the date of such termination, and all Shares previously acquired upon exercise of the Option shall be subject to a right of
repurchase by the Company or its appointed designee from the Optionee or his or her Permitted Transferee (the "Call Right") at a price equal to the Fair
Market Value of the Option or the Shares, as the case may be, as of the date of termination. 

        (b)   If
the Optionee's employment with the Company or a Subsidiary thereof is terminated by the Company or a Subsidiary thereof for Cause, then the Option shall be terminated
in its entirety. All Shares previously acquired upon exercise of the Option shall be subject to the Call Right at a price equal to the lower of the Exercise Price or the Fair Market Value of such
Shares as of the date of termination. 

        (c)   If
the Optionee's employment with the Company or a Subsidiary thereof shall terminate due to death, disability or Qualified Retirement (as defined below), then the
Option, to the extent vested as of the date of such termination, and all Shares previously acquired upon exercise of the Option shall be subject to the Call Right at a price equal to the Fair Market
Value of the Option or the Shares, as the case may be, as of the date of repurchase. In addition, the Optionee shall have the right to sell the Option and all Shares previously acquired upon exercise
of the Option to the Company (the "Put Right") at a price equal to the Fair Market Value of the Option or the Shares, as the case may be, as of the date
of termination. "Qualified Retirement" means retirement at age 62 (except in the case of Robert Krakoff or James Alic) or with board approval. 

        (d)   If
the Optionee's employment with the Company or a Subsidiary thereof is terminated by the Optionee without Good Reason, then the Option, to the extent vested as of the
date of such termination, and all Shares previously acquired upon exercise of the Option, shall be subject to the Call Right at a price equal to the Adjusted Fair Market Value (as defined below). 

"Adjusted Fair Market Value" means the Fair Market Value of a Share, (assuming no discount for minority interest but reflecting an Initial Public
Offering Discount) reduced by (A) the amount by which (1) such Fair Market Value exceeds (2) the Exercise Price paid for such 

3

 

Shares
multiplied by (B)(1) 20% if the Optionee's termination of employment occurs prior to the first anniversary of the Effective Time, (2) 15% if the Optionee's termination of employment
occurs between the first and second anniversary of the Effective Time, (3) 10% if the Optionee's termination of Employment occurs between the second and third anniversary of the Effective Time,
(4) 5% if the Optionee's termination of Employment occurs after the third anniversary but prior to the fourth anniversary of the Effective Time and (5) 0% if the Optionee's termination
of Employment occurs on or after the fourth anniversary of the Effective Time. In determining the Adjusted Fair Market Value of an Option, the Adjusted Fair Market Value shall be further reduced by
the amount of the per-share exercise price. 

        (e)   Any
proceeds paid to the Optionee or his or her Permitted Transferee pursuant to this Section 6, shall be paid in the form of cash or a certified check;  provided that if the terms of any agreement to
which the Company is a party, or any of the indentures governing any debt securities issued by the
Company or any of its Subsidiaries, would prohibit the Company from effecting such payment, payment may be effected through a security of a form permissible under such agreement or indentures; and  provided
further that in any event such security shall become due at such time as the prohibitions described above shall lapse. 

        7.     Restriction on Sale of Shares and Put/Call Rights.

        (a)   Except
as provided in Section 6, no Share acquired from the exercise of the Option may be transferred by the Optionee or his Permitted Transferee except as
permitted or required under the Shareholders' Agreement. 

        (b)   Upon
the occurrence of an Initial Public Offering (as defined in the Shareholders' Agreement), the Company's Call Right hereunder shall lapse, unless a Purchase Notice
has been delivered to the Optionee (or his Permitted Transferee, or, to the extent applicable, any heirs or legal representatives of the Optionee) prior to the date of the Initial Public Offering in
accordance with Section 7(d); provided that the Company's Call Right for vested Options and Shares shall survive until the second anniversary of
the consummation of the Initial Public Offering if the Optionee was terminated for Cause by the Company or if the Optionee terminated his employment without Good Reason. 

        (c)   Upon
the occurrence of an Initial Public Offering (as defined in the Shareholders' Agreement), the Optionee's Put Right hereunder shall lapse, unless a Sale Notice has
been delivered to the Company prior to the date of the Initial Public Offering in accordance with Section 7(e); provided that if the Optionee's
termination was due to death, disability or Qualified Retirement, the Optionee's Put Right shall survive to the extent the applicable Shares remain subject to transfer restrictions 

        (d)   The
Company may elect to purchase all or any portion of the Options or the Shares to be purchased pursuant to a Call Right under Section 6 by delivering written
notice (the "Purchase Notice") to the holder of the Options or the Shares, as the case may be, within 90 days after the occurrence of the
applicable event of termination. The Purchase Notice shall set forth: 

          (i)  the
amount of Options or Shares to be acquired from the holder; 

         (ii)  the
consideration to be paid for such Options or Shares; and 

        (iii)  the
time and place for the closing of the transaction, which date shall not be more than 30 days nor less than 5 days after the delivery of such notice. 

At
such closing, the holder shall deliver all certificates (if any exist) evidencing the Options or Shares, as the case may be, to be purchased by the Company. 

4

 

The
Company shall be entitled to receive customary representations and warranties from any sellers regarding good title and absence of liens or encumbrances in connection with any purchase of any
Options or Shares pursuant to Section 6. 

        (e)   The
Optionee or his Permitted Transferee (or to the extent applicable, any heirs or legal representative of the Optionee) may elect to sell all or any portion of the
Options or the Shares to be sold pursuant to a Put Right under Section 6 by delivering written notice (the "Sale Notice") to the Company within
90 days after the occurrence of the applicable event of termination. The Sale Notice shall set forth: 

          (i)  the
amount of Options or Shares to be sold to the Company; 

         (ii)  the
price to be paid by the Company for such Options or Shares; and 

        (iii)  the
time and place for the closing of the transaction, which date shall not be more than 30 days nor less than 5 days after the delivery of such notice. 

At
such closing, the Optionee shall deliver all certificates (if any exist) evidencing the Options or Shares, as the case may be, to be sold to the Company. 

The
Company shall be entitled to receive customary representations and warranties from any sellers regarding good title and absence of liens or encumbrances in connection with any sale of any Options
or Shares pursuant to Section 6. 

        (f)    The
Company, by action of the Compensation Committee or the Board, will have the right to assign all or any portion of its rights under Section 6 to any Person. 

        (g)   Notwithstanding
anything to the contrary contained in this Agreement, all purchases of Shares by the Company shall be subject to applicable restrictions contained in the
Delaware General Corporation Law or the debt and equity financing agreements of the Company or any Subsidiary or Affiliate thereof or imposed by applicable law. If any such restrictions prohibit the
purchase of Shares which are otherwise permitted or required hereunder, the time periods provided in Section 6 shall be suspended, and the Company may make such purchases as soon as it is
permitted to do so under such restrictions. 

        8.     Confidential Information; Noncompetition. 

        (a)   Confidentiality. The Optionee acknowledges that the Confidential Information (as defined below) relating to the business
of the Company or any of its Subsidiaries which the Optionee has obtained or will obtain during the course of his or her employment or service with the Company are the property of the Company or such
its Subsidiary, as the case may be. The Optionee agrees that he or she will not disclose or use at any time, during his or her employment or service with the Company or any of its Subsidiaries, any
Confidential Information, other than in the ordinary course of business, to promote the interests of the Company or its Subsidiary and pursuant to the policy of the Company or its Subsidiary, without
the written consent of the Company or its Subsidiary, as the case may be. The Optionee further agrees that he or she will not disclose or use at any time, after his or her employment or service with
the Company, any Confidential Information. "Confidential Information" shall mean trade secrets, confidential or proprietary information and all other
knowledge, know-how, information, documents or material owned, developed or possessed by the Company or any of its Subsidiaries, whether in tangible or intangible form, pertaining to the
business of the Company or any of its Subsidiaries or any customer, known or intended to be known only to employees of the Company or any of its Subsidiaries or other persons in a confidential
relationship with the Company or any of its Subsidiaries or the confidentiality of which the Company or its Subsidiary, as the case may be, takes reasonable measures to protect, including, but not
limited to, operating procedures, knowledge of the organization, 

5

 

publications
and events (including advertising and exhibitor prices, costs, sales or content), processes, contracts, financial information or measures, business methods, future business plans,
customers (including identities of customers and prospective customers, identities of individual contacts at business entities which are customers or prospective customers, preferences, business or
habits), business relationships, and other information owned, developed or possessed by the Company or any of its Subsidiaries; provided,  however, that
Confidential Information shall not include information that shall become generally known to the public without violation of this
Section 8. 

        (b)   Non-Competition. The Optionee acknowledges that his or her services are of a special, unique and
extraordinary value to the Company and its Subsidiaries and that he or she has access to the Company's and its Subsidiaries' trade secrets, Confidential Information and strategic plans of the most
valuable nature. Accordingly, the Optionee agrees that upon termination of the Optionee's employment or service with the Company for any reason other than the Company's termination of such business
relationship without Cause, for the period of one (1) year following the date of such termination, the Optionee shall not directly or indirectly own, manage, control, participate in, consult
with, render services for, be employed in a capacity that relates to the specific duties and responsibilities over which the Optionee exercised direct control or which the Optionee supervised
directly during the Optionee's employment or service with the Company or any of its Subsidiaries, or in any manner engage in, any business that competes with the businesses of the Company or any of
its Subsidiaries. For the purposes of this Section 8, a business is deemed to compete with the businesses of the Company or any of its Subsidiaries if such business engages in any of the
following: (i) the organization of trade exhibitions or conferences (regardless of the subject matter of any such trade exhibition or conference), (ii) the publication (including
electronic publication) of trade journals and other magazines aimed at any particular industry or profession, or (iii) the development or operation of
business-to-business portal websites. Notwithstanding the two immediately preceding sentences, (1) nothing herein shall prohibit the Optionee, if he or she was employed
by, or providing services for, the Company or any of its Subsidiaries (within 12 months preceding the date of termination) primarily within one Geographic Region (as defined below), from
becoming employed by, or providing services for, any third party primarily within another Geographic Region and (2) nothing herein shall prohibit the Optionee, if he or she was primarily
employed by, or providing services for, the Company or any of its Subsidiaries (within 12 months preceding the date of termination) with respect to trade publications, trade exhibitions,
conferences or websites serving particular industries or markets (as defined by the publication subscribers and advertisers, trade exhibition attendees and exhibitors, conference registrants and
content, website users, advertisers and other participants), from becoming employed by, or providing services for, any third party primarily with respect to trade publications, trade exhibitions,
conferences or websites serving other industries or markets. As used herein "Geographic Region" means any of the (i) United States, Canada and
Mexico, (ii) South America, (iii) Europe, (iv) China and South East Asia, including Indonesia, Malaysia, Taiwan, Japan and the Pacific Islands, (v) Australia and
(vi) the rest of the world. In the event of termination of the Optionee's employment or service with the Company for any reason whatsoever, the Optionee agrees to refrain from soliciting,
interfering with or endeavoring to entice away any employee of the Company or any of its Subsidiaries for a period of one (1) year following the date of such termination. Nothing herein shall
prohibit the Optionee from being a passive owner of not more than 2% of the outstanding stock of any class or a corporation which is publicly traded, so long as the Optionee has no active
participation in the management or business of such corporation. 

        9.     Employment Rights. The grant of an Option shall not be construed as giving an Optionee the right to be retained in the
employment or service of the Company or any Subsidiary or 

6

 

Affiliate
thereof. Further, the Company or any Subsidiary or Affiliate thereof may at any time terminate the employment or service of an Optionee, free from any liability or any claim under the Plan,
unless otherwise expressly provided in the Plan, in this Agreement applicable to such Optionee or in an employment agreement covering such Optionee. 

        10.   Terms of Plan; Interpretation. The Options and the terms and conditions herein set forth are subject in all respects to
the terms and conditions of the Plan, which shall be controlling. All interpretations or determinations of the Compensation Committee and/or the Board shall be binding and conclusive upon the Optionee
and his legal representatives on any question arising hereunder. The Optionee acknowledges that he has received and reviewed a copy of the Plan. 

        11.   Delegation. Optionee acknowledges that any powers, rights or responsibilities of the Board and/or the Compensation
Committee set forth herein may be delegated to and exercised by any subcommittee thereof as permitted under the Plan. 

        12.   Notices. All notices, requests ad other communications to any party hereunder shall be in writing (including facsimile
transmission) and shall be given: 

If
to the Optionee, to the address specified by the Optionee on the signature page of this Agreement;

If to the Company, to: 

Advanstar
Holdings Corp.

c/o Advanstar, Inc.

545 Boylston Street

9th Floor

Boston, Massachusetts 02116

Attention: Chief Executive Officer

Fax: (617) 267-6900

Telephone: (617) 267-6500 

with
a copy to: 

Testa,
Hurwitz & Thibeault, LLP

125 High Street

Boston, MA 02110

Fax: (617) 248-7100

Telephone: (617) 248-7000

Attention: F. George Davitt, Esq. 

if
to the DLJ Funds to: 

DLJ
Merchant Banking Partners

277 Park Avenue

New York, New York 10012

Attention: David Wittels

Fax: (212) 892-7272

with
a copy to: 

Davis
Polk & Wardwell

450 Lexington Avenue

New York New York 10017

Attention: Nancy L. Sanborn, Esq.

Fax: (212) 450-4800 

7

 

        13.   Entire Agreement. This Agreement, together with the Plan, contains the entire understanding of the parties hereto in
respect of the subject matter contained herein. This Agreement, the Shareholders' Agreement and the Plan supersede all prior agreements and understandings between the parties hereto with respect to
the subject matter hereof, other than an employment agreement between the Company or a Subsidiary or Affiliate thereof and the Optionee. 

        14.   Governing Law. Except as required to be governed by Delaware law, the provisions of this Agreement shall be governed by
and construed in accordance with the laws of the State of New York, without application of the conflict of laws principles thereof. 

        15.   Counterparts. This Agreement may be signed in any number of counterparts, each of which shall be an original, with the
same effect as if the signatures thereto and hereto were upon the same instrument. 

8

 

        IN
WITNESS WHEREOF, the undersigned have caused this Agreement to be duly executed as of the date first above written. 

	 
	 	 
	 	 

	ADVANSTAR HOLDINGS CORP.	 	 	 	 
	

 	
 	

By:	
 	

 
	 	 	 	 	

	 	 	Name:
	 	 	Title:
	

 	
 	

OPTIONEE:
	

 	
 	

	 	 	Name:
	 	 	Address:

9

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Exhibit 10.4  

 
 

ADVANSTAR HOLDINGS CORP.  
  

October 1,
2004 

Mr. James
A. Finkelstein

Publisher

The Hill

Two Park Avenue, Suite 1405

New York, NY 10016 

Dear
Jimmy: 

        On
behalf of Advanstar Holdings Corp., Advanstar, Inc., and Advanstar Communications Inc. (collectively, "Advanstar"), I am pleased to confirm that you have agreed to
become a Director of Advanstar. 

        We
acknowledge that it is becoming increasingly difficult to find highly competent persons to serve corporations like Advanstar as Directors without some form of compensation.
Accordingly, while serving as a Director of Advanstar, you will receive the compensation and other benefits set forth on Annex A hereto. 

        I,
as well as the other Directors and the management of Advanstar, am looking forward to your joining the Advanstar family and to your valued insights and contributions to our business. 

	Sincerely,	 	 
	 	 	 
	James Alic

Chairman of the Board	 	 
	

Accepted:	 	 
	 	 	 
	/s/ JAMES A. FINKELSTEIN
 James A. Finkelstein	 	 

ANNEX
A—Terms of Service of James A. Finkelstein ("Finkelstein")

	
Scope	
 	

•	
 	

Finkelstein will serve as a Director of Advanstar Holdings Corp. ("Holdings"), Advanstar, Inc. and Advanstar Communications Inc. (collectively, "Advanstar") effective October 1, 2004.
	

 	
 	

•	
 	

It is anticipated that the scope of Finkelstein's duties as a Director will require Finkelstein to dedicate approximately ten days per annum to these activities.
	

 	
 	

•	
 	

Finkelstein will be expected to attend or participate in all regular and special meetings of Advanstar's Board of Directors. Currently, Advanstar holds 4-5 regular Board of Directors meetings per fiscal year.
	
Fees & Expenses	
 	

•	
 	

Finkelstein will be reimbursed for reasonable out-of-pocket expenses he incurs in connection with his serving as a Director and as a member of any Board Committee of Advanstar, including travel expenses incurred to attend meetings incident to his
duties, in accordance with the standard practices of Advanstar.
	

 	
 	

•	
 	

As compensation for his serving Advanstar as described above, and for as long as he continues to serve as a Director of Advanstar, Finkelstein will receive an annual retention fee equal to $50,000, payable in equal quarterly installments at the end
of each fiscal year quarter.
	
Stock Options	
 	

•	
 	

As of the effective date of his appointment as a Director of Advanstar, Finkelstein will be granted options to purchase 25,000 shares of Holdings common stock at an exercise price equal to $10.00 per share. These options would vest over a four-year
period, with 20% vesting immediately and an additional 20% vesting on each anniversary on which Finkelstein remains in the service of Advanstar as described herein. The options would be granted pursuant to and be subject in all respects to the
enclosed Award Agreement, Holdings' 2000 Management Incentive Plan and Shareholders' Agreement.
	
Term of Service	
 	

•	
 	

Finkelstein will serve as a Director of Advanstar on an annual basis, subject to his removal in accordance with applicable law and the organizational documents of Advanstar, or his earlier death, permanent disability or resignation. To the extent
Finkelstein wishes to resign as a Director of Advanstar, he will provide Advanstar with at least 30 days prior written notice of his desire to so resign.

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