Document:

EX-10.4

2005 Lightbridge Executive Incentive Plan

2005

I. OBJECTIVE

The Objective of the Lightbridge Executive Incentive Plan is to reward eligible members of
the executive team for their contributions to the success of Lightbridge, Inc. (the “Company”).
The Lightbridge Executive Incentive Plan is the incentive plan for eligible executives of the
Company (“Participants”) for the 2005 fiscal year.

II. PURPOSE

The Lightbridge Executive Incentive Plan is aimed at motivating Participants to achieve key
business objectives or to achieve the financial or operating performance of Lightbridge.

III. BONUS PLAN ELEMENTS

A. Effective Date

This Plan is effective for the calendar year 2005 beginning January 1, 2005,
through December 31, 2005. Business objectives and performance goals will reflect
the entire plan year.

B. Financial Performance and Payout Model

Payout under this Plan requires that Lightbridge, Inc. meet certain minimum
earnings per share performance, as described in Paragraph F below. Earnings per
share (“EPS”) shall be calculated in accordance with Generally Accepted Accounting
Principles (“GAAP”) net of any restructuring charges.

In the event of an acquisition, divestiture or other significant business event,
the EPS metric may be adjusted.

C. Eligibility, Interpretation

Participants in this Plan are selected by the Chief Executive Officer (“CEO”),
or, in the case of the, the Compensation Committee.

All Participants must be employed in an eligible role prior to October
1st of the Plan year to qualify for any pro-rata bonus payout.
Participants have no rights under any other incentive plans.

A Participant must be employed in a bonus eligible position according to the stated
timeframes for a bonus payout and be employed on the final day of the
applicable Plan year to be eligible.

Elements not addressed in this plan will be managed or interpreted at the
discretion of the CEO or CEO’s designee or, in the case of a matter affecting the
CEO, the Compensation Committee of the Board of Directors.

D. Performance Bonus Criteria

MBO Performance – A portion of the bonus pool will be based on, and individual
payouts will be calculated according to, performance against pre-determined
management goals and objectives. Individual MBOs will be weighted to reflect
their relative importance to Company’s overall business plan and will be reviewed
on a quarterly basis by the CEO or the Compensation Committee, as the case may be.
All individual MBOs must be documented in writing and approved by the CEO or, in
the case of the CEO, the Compensation Committee.

Financial Performance – Other portions of the bonus pool will be based on corporate
performance and/or business unit performance.

E. 2005 Annual Bonus Percentage Targets

A Participant’s bonus target is based on market indicators for the Participant’s
role and is set as a percentage of the Participant’s 2005 annual base salary. The
Participant’s 2005 annual base salary, including any base adjustments approved
during the first quarter of the year, represents the basis for the bonus
calculation.

F. Bonus Payments

Once the applicable financial threshold performance is achieved, payouts will be
determined as provided below.

The payments for performance at threshold and between threshold and target (100%)
and the percentage of the Participant’s total bonus pool allocated to each
performance element will be calculated according to the schedule below:

	 	•	 	FY 2005 Business Unit Operating Income (30% total target bonus)

	 	•	 	90% of budgeted business unit operating
income funds a 50% pool.

	 	•	 	Above 90%-100% of budgeted business unit
operating income funds a pool that is interpolated on a straight line
from the 50% level up to 100%.

	 	•	 	FY 2005 Budgeted Business Unit Revenue* (30% total target bonus)

	 	•	 	90% of budgeted business unit revenue funds a
50% pool.

	 	•	 	Above 90-100% of budgeted business unit
revenue funds a pool that is interpolated on a straight line from the
50% level up to 100%.

*Business Unit Operating Income Goal of at least 90% must be achieved
to fund this pool.

	 	•	 	FY 2005 Budgeted Corporate EPS (10% of total target bonus)
	 
	 	•	 	90% of budgeted EPS funds a 50% pool.

	 	•	 	Above 90%-100% of budgeted EPS funds a pool
that is interpolated on a straight line from the 50% level up to 100%.

For example, if 2005 budgeted corporate EPS is $.10, then EPS of at
least $.09 must be achieved for any payout; if budgeted corporate EPS
is ($.10) then EPS of at least ($.11) must be achieved for any payout.

	 	•	 	MBO Achievement** (30% of total target bonus)

	 	•	 	Business unit operating income attainment of
50% of FY 2005 budget will fund a 25% pool.

	 	•	 	Business unit operating income attainment of
above 50% -100% of budget will fund a pool that is interpolated on a
straight line beyond the 25% level up to 100%.

** Fifty per cent (50%) of FY 2005 business unit operating income
target must be achieved to fund this element of the bonus pool. For
example, if 2005 budgeted corporate EPS is $.10, then EPS of at least
$.05 must be achieved for any payout; if budgeted corporate EPS is
($.10) then EPS of at least ($.15) must be achieved for any payout.

All payments will be made after the financial close of the year, typically within
the following quarter.

G. Incremental Bonus Pool

Designated Management Employees under all 2005 bonus plans (other than the CEO) are
eligible for an incremental bonus if FY 2005 Consolidated Operating Income exceeds
budget. The bonus pool will be funded as follows and interpolated on a straight
line basis:

	 	 	 	 	 	 	 	 	 
	 	 	Above Budget Funding	 	 
	 	 	As a % of Above	 	 
	Performance	 	Budget Performance	 	$ to Pool
	On Budget
	 	 	0	%	 	 	0	 
	$1.00 to $2,000,000
	 	 	5	%	 	Up to $100,000

	$2,000,000.01 to $8,000,000
	 	 	10	%	 	Up to $600,000

Maximum Incremental Bonus Pool is $700,000.

The incremental bonus pool will be distributed on an individual basis according to
the Participant’s actual bonus as a percent of the total bonus pool.

Note: Consolidated Operating Income Earnings per share (“EPS”) shall be calculated
in accordance with GAAP net of any restructuring charges.

In the event of an acquisition, divestiture or other significant business event,
the Consolidated Operating Income metric may be adjusted.

H. Changes in Plan

The Company reserves the right to modify or terminate the Lightbridge Executive
Incentive Plan in total or in part, at any time. Any such modification or
termination must be approved by the Compensation Committee and must be in writing
and signed by the CEO.

I. Entire Agreement

This Plan is the entire agreement between Lightbridge and the executive regarding
the subject matter of this Plan and supersedes all prior compensation, bonus or
incentive plans or any written or verbal representations regarding the subject
matter of this Plan.

J. Employment at Will

The employment of all Plan participants at Lightbridge, Inc. is for an indefinite
period of time and is terminable at any time by either party, with or without cause
being shown or advance notice by either party. This Plan shall not be construed to
create a contract of employment for a specified period of time between Lightbridge
and any plan participant.

K. Plan Acceptance

I have read the complete 2005 Lightbridge Executive Incentive Plan and understand
its content. My signature below acknowledges receipt of the Plan.

Participant Signature:     Date:     

Print Name:     

1

ROY BANKS — 2005 MBOs

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	GOAL	 	TARGET COMPLETION	 	POINTS
	 	 	 	 	 	 	DATE*	 	 	 	 
	 
	 	Product MBO’s
	 	 	 	 	 	 	 	 
	1.
	 	Increase Market Presence of Authorize.Net Brand and Services            
	 		*		 		10	
	 
	 	Overhaul and launch new Authorize.Net website.
	 	 	 	 	 	 	 	 
	 
	 	Better utilize press releases to educate market about
	 	 	 	 	 	 	 	 
	 
	 	Authorize.Net growth, successes and product releases.
	 	 	 	 	 	 	 	 
	 
	 	Educate and promote Authorize.Net to investment community
	 	 	 	 	 	 	 	 
	 
	 	by attending two to three conferences.
	 	 	 	 	 	 	 	 
	2.
	 		*		 	 	 	 	 		15	
	3.
	 		*		 	 	 	 	 		15	
	4.
	 	Increase Payment Gateway Usability and Flexibility                      
	 	 	 	 	 		10	
	 
	 		*		 	 	 	 	 	 	 	 
	 
	 		*		 	 	 	 	 	 	 	 
	 
	 		*		 	 	 	 	 	 	 	 
	 
	 		*		 	 	 	 	 	 	 	 
	5.
	 		*		 	 	 	 	 		10	
	6.
	 		*		 	 	 	 	 		20	
	 
	 		*		 	 	 	 	 	 	 	 
	 
	 		*		 	 	 	 	 	 	 	 
	7.
	 		*		 	 	 	 	 		10	
	8.
	 	Increase and Strengthen Reseller Channel Loyalty                        
	 	 	 	 	 		10	
	 
	 		*		 	 	 	 	 	 	 	 
	 
	 		*		 	 	 	 	 	 	 	 
	 
	 		*		 	 	 	 	 	 	 	 
	 
	 	*Confidential Strategic MBO	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	TOTAL                        
	 		100	

2Exhibit 4.1

FIRST
AMENDMENT TO RIGHTS AGREEMENT 

BETWEEN
THE STEAK N SHAKE COMPANY AND 

COMPUTERSHARE
INVESTOR SERVICES, LLC, AS RIGHTS AGENT 

 

 

    This First
Amendment to the Rights Agreement between The Steak n Shake Company ("Steak n
Shake") and Computershare Investor Services, LLC 

    as Rights
Agent ("Computershare") is dated this 23rd
day of February, 2005 under the following terms and conditions: 

 

 

    WHEREAS,
Steak n Shake and Computershare entered into that certain Rights Agreement dated
May 16, 2001, and 

 

    WHEREAS,
Steak n Shake has determined that expediting the termination of the Rights
Agreement is in the best interest of the Company and its 

    shareholders,
and 

 

    WHEREAS,
Steak n Shake and Computershare have agreed to amend the Rights Agreement as set
forth below. 

 

    NOW,
THEREFORE, parties hereby agree as follows: 

 

    1.    Maintenance of Terms
- All terms and conditions of the Rights Agreement not specifically amended or
revised herein shall remain the same and 

           
unchanged.

 

    2.    The definition "Final
Expiration Date" contained in Section 1, subparagraph (l) shall be deleted and
replaced with the following: 

 

 

    "Final
Expiration Date" shall mean the close of business on February 23, 2005.

 

 

    The parties
agree to the foregoing amendment via their signatures affixed hereto.

 

 

THE
STEAK N SHAKE COMPANY 

 

 

    By:    
/s/
Alan B. Gilman 

                        
Alan B. Gilman, Chairman 

 

ATTEST:

 

 

             
/s/ David C. Milne 

                        
David C. Milne, Secretary 

 

 

COMPUTERSHARE
INVESTOR SERVICES 

 

By:
/s/ Cynthia Nisley

 

Printed:
_Cynthia Nisley

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