Document:

Exhibit 10(k)(ix)

FIFTH AMENDMENT TO NOTE AGREEMENT AND AMENDMENT TO NOTES

        FIFTH AMENDMENT TO NOTE AGREEMENT AND AMENDMENT TO NOTES, dated as of February 10, 2010 (this “Amendment”), among ALBANY INTERNATIONAL CORP., a Delaware corporation (the “Company”), the Guarantors (as defined in the Note Agreement referred to below), and The Prudential Insurance Company of America (“Prudential”) and the several Purchasers (as defined in the Note Agreement referred to below) (together with Prudential, individually, a “Purchaser”, and collectively, “Purchasers”).

  W I T N E S S E T H:

        WHEREAS, the Company and Guarantors party thereto and the Purchasers are parties to that certain Note Agreement and Guaranty, dated as of October 25, 2005 (as the same may be further amended, supplemented, waived or otherwise modified from time to time, the “Note Agreement”); and

        WHEREAS, the Company has requested the amendment of certain provisions of the Note Agreement and the Notes (as defined in the Note Agreement), and the Purchasers have indicated willingness to agree to such amendments subject to certain limitations and conditions, as provided for herein;

        NOW THEREFORE, in consideration of the premises, the mutual covenants and the agreements hereinafter set forth and other good and valuable consideration, the parties hereto hereby agree that on the Amendment Effective Date, as defined herein, the Note Agreement and the Notes will be amended as follows:

        1. Definitions. Unless otherwise defined herein, terms defined in the Note Agreement are used herein as therein defined.

        2. Amendment to Notes. As of the Amendment Effective Date, each of the Notes outstanding on the Effective Date (herein the “Existing Notes”), and the form of Note attached to the Note Agreement as Exhibit A, is hereby, without any further action required on the part of any other Person, deemed to be automatically amended to conform to and have the terms provided in Exhibit A attached hereto (except that, with respect to such Existing Notes, the date, registration number, principal amount and the payee thereof shall remain unchanged). Any Note issued on or after the Amendment Effective Date shall be in the form of Exhibit A attached hereto. The Company agrees, upon the request of any Purchaser to promptly deliver a new Note in the form of Exhibit A attached hereto in exchange for each Existing Note held by such Purchaser.

        3. Amendment to Paragraph 5A of the Note Agreement (Financial Statements). Paragraph 5A of the Note Agreement is hereby amended, as of the Amendment Effective Date, by deleting the text in clause (iv) therein in its entirety and inserting in lieu thereof the following text:

        “(iv) concurrently with any delivery of financial statements under clause (i) or (ii) above, a certificate of a Financial Officer of the Company (a) certifying as to whether a Default has occurred and, if a Default has occurred, specifying the details thereof and

  any action taken or proposed to be taken with respect thereto, (b) setting forth reasonably detailed calculations demonstrating compliance with Paragraphs 6A, 6E, 6H and 6I hereof and (c) stating whether any change in GAAP or in the application thereof has occurred since the date of the Company's audited financial statements referred to in Paragraph 8B and, if any such change has occurred, specifying the effect of such change on the financial statements accompanying such certificate;”

        4. Amendment to Paragraph 6E of the Note Agreement (Restricted Payments). Paragraph 6E of the Note Agreement is hereby amended, as of the Amendment Effective Date, by deleting clause (a) thereof and inserting in lieu thereof the following:

        “(a) the Leverage Ratio does not exceed (i) if on or before November 17, 2008, 3.00 to 1.00, (ii) if on or after November 18, 2008 but prior to January 1, 2011, 3.50 to 1.00, and (iii) from January 1, 2011 and at all times thereafter, 3.00 to 1.00”

   5. Amendment to Paragraph 6H of the Note Agreement (Leverage Ratio). Paragraph 6H of the Note Agreement is hereby amended, as of the Amendment Effective Date, by deleting the text therein in its entirety and inserting in lieu thereof the following text:

        “6H Leverage Ratio. The Company will not permit the Leverage Ratio on any date to exceed (i) if on or before November 17, 2008, 3.00 to 1.00, (ii) if on or after November 18, 2008 but prior to January 1, 2011, 3.50 to 1.00, and (iii) from January 1, 2011 and at all times thereafter, 3.00 to 1.00. In the event that the corresponding covenant in the Revolving Credit Agreement to this Paragraph 6H (currently Section 6.08) is amended or modified to be more restrictive (including any amendment or modification to any defined term directly or indirectly used in such definition) then, without any further action on the part of the Company or any of the holders of the Notes, this Paragraph 6H (and any related defined terms) shall be deemed to be amended automatically to match the corresponding amendments or modifications to the Revolving Credit Agreement.”

        6. Amendment to Paragraph 11A of the Note Agreement (Yield Maintenance Terms). Paragraph 11A of the Note Agreement is hereby amended, as of the Amendment Effective Date, by

       (a) deleting the definition of “Remaining Scheduled Payments” therein in its entirety and inserting in lieu thereof the following definition:

           “Remaining Scheduled Payments” shall mean, with respect to the Called Principal of any Note, all payments of such Called Principal and interest thereon (determined assuming that the per annum interest rate on such Note would be 5.34% at all times) that would be due on or after the Settlement Date with respect to such Called Principal if no payment of such Called Principal were made prior to its scheduled due date.

      and

    

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         (b) deleting the definition of “Yield-Maintenance Amount” therein in its entirety and inserting in lieu thereof the following definition:

  
         “Yield-Maintenance Amount” shall mean, with respect to any Note, an amount equal to the excess, if any, of the Discounted Value of the Called Principal of such Note over the sum of (i) such Called Principal plus (ii) interest accrued thereon (determined assuming that the per annum interest rate on such Note would be 5.34% at all times) as of (including interest due on) the Settlement Date with respect to such Called Principal. The Yield-Maintenance Amount shall in no event be less than zero.

   7. Representations and Warranties. The Company and each other Guarantor hereby.

         (a) Other than such representations expressly given as of a specific date, repeats (and confirms as true and correct) as of the Amendment Effective Date to the Purchasers that each of the representations and warranties made by the Company and each other Guarantor pursuant to the Note Agreement and are hereby incorporated herein (as though set forth herein) in their entirety; and

         (b) Further represent and warrant as of the Amendment Effective Date that:

  

         (i) No Default. No Default or Event of Default shall have occurred and be continuing on such date after giving effect to this Amendment;

         (ii) Power of Authority. Each such Person has the corporate or equivalent power to execute and deliver this Amendment, and to perform the provisions hereof, and this Amendment has been duly authorized by all necessary corporate or equivalent action on the part of each such Person;

         (iii) Due Execution. This Amendment has been duly executed and delivered by such Person and constitutes such Person’s legal, valid and binding obligation, enforceable in accordance with its terms, except as such enforceability may be limited (x) by general principals of equity and conflicts of laws or (y) by bankruptcy, reorganization, insolvency, moratorium or other laws of general application relating to or affecting the enforcement of creditors’ rights.

         (iv) No Consent’s Required. No consent, approval, authorization or order of, or filing, registration or qualification with, any court or Governmental Authority or third party is required in connection with the execution, delivery or performance by such Person of this Amendment;

         (v) Acknowledgment of Obligation: Waiver of Claims. It has no defenses, offsets or counterclaims against any of its obligations under and in respect to the Notes or the AI Guaranty Agreement and that all amounts outstanding under and in respect of the Notes and the Note Agreement are owing to holders of the Notes without defense, offset or counterclaim; and

    

  3

  
          (vi) Revolving Credit Agreement. Other than (A) that certain restatement dated as of April 14, 2006, (B) the First Amendment dated as of August 28, 2006 and (C) the Second Amendment dated as of April 27, 2007, there have been no amendments to the Revolving Credit Agreement.

  

      8. Acknowledgements and Consent of
Guarantors. Each Guarantor hereby acknowledges that it has reviewed the
terms and provisions of the Note Agreement, the Notes, the AI Guaranty Agreement
and this Amendment and consents to the amendment to Note Agreement and the Notes
effected pursuant to this Amendment. Each Guarantor confirms that they will
continue to guarantee the obligations to the fullest extent in accordance with
the AI Guaranty Agreement and acknowledges and agrees that: (a) the AI Guaranty
Agreement shall continue in full force and effect and that its obligations
thereunder shall be valid and enforceable and shall not be impaired or limited
by the execution or effectiveness of this Amendment and (b)(i) notwithstanding,
the conditions to effectiveness hereof, such Guarantor is not required by the
terms of the Note Agreement, the Notes (as amended hereby) or the AI Guaranty
Agreement to consent to the amendments to the Note Agreement and the Notes
effected pursuant to this Amendment; and (ii) nothing in Note Agreement, the
Notes or AI Guaranty Agreement shall be deemed to require the consent of any
such Guarantor to any future amendments to the Note Agreement.

      9. Conditions Precedent. This Amendment shall become effective as of the first date on which the conditions precedent set forth below shall have been fulfilled (the “Amendment Effective Date”):

        (a) the Purchasers shall have received counterparts of this Amendment, executed and delivered by a duly authorized officer of the Company and each of the Guarantors;

        (b) the representations and warranties contained in Section 7 above shall be true and correct in all material respects on and as of the Amendment Effective Date, as if made on and as of the Amendment Effective Date and there shall exist on the Amendment Effective Date no Event of Default or Default;

        (c) the Company shall have paid all outstanding costs, expenses and fees of the Purchasers (including reasonable attorneys fees and expenses of Bingham McCutchen LLP) incurred in connection with the documentation of this Amendment (including a reasonable estimate of post-closing fees and expenses) to the extent invoiced (this provision shall not be construed to limit the obligations of the Company under Paragraph 12B of the Note Agreement);

        (d) each Purchaser shall have received an opinion, dated the Amendment Effective Date, from Charles J. Silva, Jr., Vice President- General Counsel of the Company addressing, among other things, the enforceability of this Amendment, and the Note Agreements and the Notes, in each case as amended, and otherwise in form and substance satisfactory to the Purchasers;

4

        (e) the Company and each other Guarantor shall have made all requests, filings, and registrations with, and obtained all consents and approvals from, the relevant national, state, local or foreign jurisdiction(s), or any administrative, legal or regulatory body or agency thereof, that are necessary for the Company and each Guarantor in connection with this Amendment and any and all other documents relating thereto; and

        (f) the Purchasers shall have received such additional documents or certificates with respect to legal matters or corporate or other proceeding related to the transactions contemplated hereby as may be reasonable requested by the Purchasers.

      10. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH THE LAW OF THE STATE OF NEW YORK.

      11. No Other Amendments: Confirmation. Except as expressly amended, modified and supplemented hereby, the terms, provisions and conditions of the Note Agreement, the Notes, the AI Guaranty Agreement and the agreements and instruments relating thereto are and shall remain unchanged and in full force and effect and are hereby ratified and confirmed in all respects.

      12. Headings. The headings of sections of this Amendment are inserted for convenience only and shall not be deemed to constitute a part of this Agreement.

      13. Counterparts. This Amendment may be executed in any number of counterparts by the parties hereto, each of which counterparts when so executed shall be an original, but all counterparts taken together shall constitute one and the same instrument.

[Remainder of page intentionally left blank. Signature pages follow.]

5

      IN WITNESS WHEREOF, the parties have caused this Amendment to be duly executed and delivered by their respective proper and duly authorized officers as of the day and year first above written.

			
	 	 ALBANY INTERNATIONAL CORP.
	  
	 	 By:	 /s/ John Cozzolino
	 	 	
      

    
	 	  	 Name: 	John Cozzolino
	 	  	 Title: 	Vice President - Corporate Treasurer
	  
	  	ALBANY INTERNATIONAL HOLDINGS TWO, 

      INC., as a Guarantor
    
	  
	 	 By:	 /s/ Charles J. Silva, Jr.
	 	 	
      

    
	 	  	 Name: 	Charles J. Silva, Jr.
	 	  	 Title: 	Vice President
	  
	      	ALBANY ENGINEERED COMPOSITES, INC. 

      (formerly known as ALBANY INTERNATIONAL  

      TECHNIWEAVE, INC.), as a Guarantor

	  
	 	 By:	 /s/ Charles J. Silva, Jr.
	 	 	
      

    
	 	  	 Name: 	Charles J. Silva, Jr.
	 	  	 Title: 	Secretary and Assistant Treasurer
	  
	  	ALBANY INTERNATIONAL RESEARCH CO., 

      as a Guarantor 
	  
	 	 By:	 /s/ Charles J. Silva, Jr.
	 	 	
      

    
	 	  	 Name: 	Charles J. Silva, Jr.
	 	  	 Title: 	Vice President
	  
	  	GESCHMAY CORP. as a Guarantor
	  
	 	 By:	 /s/ Charles J. Silva, Jr.
	 	 	
      

    
	 	  	 Name: 	Charles J. Silva, Jr.
	 	  	 Title: 	Vice President

				
	  	BRANDON DRYING FABRICS, INC., as a 

      Guarantor  
	  
	 	 By:	 /s/ Charles J. Silva, Jr.
	 	 	
      

    
	 	  	 Name: 	Charles J. Silva, Jr.
	 	  	 Title:	 Vice President
	  
	  	GESCHMAY WET FELTS, INC., as a Guarantor
	  
	 	 By:	 /s/ Charles J. Silva, Jr.
	 	 	
      

    
	 	  	 Name: 	Charles J. Silva, Jr.
	 	  	 Title:	 Vice President
	  
	      	GESCHMAY FORMING FABRICS CORP., as a 

      Guarantor

	  
	 	 By:	 /s/ Charles J. Silva, Jr.
	 	 	
      

    
	 	  	 Name: 	Charles J. Silva, Jr.
	 	  	 Title:	 Vice President

	

				
	  	The foregoing Amendment is hereby 

      accepted as of the date first above written. 
	  
	  	THE PRUDENTIAL INSURANCE COMPANY 

      OF AMERICA

	  
	 	 By:	 /s/ Eric R. Seward
	 	 	
      

    
	 	  	Name:  	Eric R. Seward
	 	  	Title: 	Vice President
	  
	  	GIBRALTAR LIFE INSURANCE CO., LTD.
	 	 	 
	 	 By:	 Prudential Investment Management (Japan),
	 	  	 Inc., as Investment Manager
	 	 	 	 
	 	  	 By:	 Prudential Investment Management, Inc.,
	 	  	  	 as Sub-Adviser
	  
	 	  	 By:	 /s/ Eric R. Seward
	 	 	 	
      

    
	 	  	  	Name:  	Eric R. Seward
	 	  	  	Title: 	Vice President
	  
	  	THE PRUDENTIAL LIFE INSURANCE COMPANY, LTD.
	 	 	 
	 	 By:	 Prudential Investment Management (Japan),
	 	  	 Inc., as Investment Manager
	 	 	 	 
	 	  	 By:	 Prudential Investment Management, Inc.,
	 	  	  	 as Sub-Adviser
	  
	 	  	 By:	 /s/ Eric R. Seward
	 	 	 	
      

    
	 	  	  	Name: 	Eric R. Seward
	 	  	  	Title: 	Vice President
	  
	  	SECURITY BENEFIT LIFE INSURANCE COMPANY, INC.
	 	 	 
	 	 By:	 Prudential Private Placement Investors, L.P.
	 	  	 (as Investment Advisor)
	 	 	 	 
	 	  	 By:	 Prudential Private Placement Investors, Inc.
	 	  	  	 (as its General Partner)
	  
	 	  	 By:	 /s/ Eric R. Seward
	 	 	 	
      

    
	 	  	  	Name: 	Eric R. Seward
	 	  	  	Title: 	Vice President

 EXHIBIT A

 THIS NOTE WAS ORIGINALLY ISSUED IN A TRANSACTION EXEMPT FROM REGISTRATION UNDER SECTION 5 OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND THIS NOTE MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN APPLICABLE EXEMPTION THEREFROM AND FROM ANY APPLICABLE STATE SECURITIES LAWS.

[FORM OF NOTE]

ALBANY INTERNATIONAL CORP.

SENIOR NOTE DUE OCTOBER 25, 2017

		
	
      No.  R-__ 

        $________ 

	
      [Date] 

        PPN: 012348 A@7

      FOR VALUE RECEIVED, the undersigned, ALBANY
INTERNATIONAL CORP., a corporation organized and existing under the laws of the
State of Delaware (herein the “Company”), hereby promises to pay to
_____________________________, or registered assigns, the principal sum of
______________________________ DOLLARS on October 25, 2017, with (a) interest
(computed on the basis of a 360-day year--30-day month) on the unpaid balance
thereof at the rate (the “Base Rate”) of (i) 5.34% per annum from the
date hereof through and including February 9, 2010 and (ii) 6.84% per annum from
and including February 10, 2010, payable quarterly on the 25th day of
January, April, July and October in each year, commencing with the January
25th, next succeeding the date hereof, until the principal hereof
shall have become due and payable, (b) in addition to interest at the Base Rate,
when applicable, the amount of additional interest payable to the holder of this
Note pursuant to Section 10 of that certain Third Amendment to Note Agreement
and Amendment to Notes dated December 16, 2008 among the Company, the Guarantors
and Purchasers (as defined therein) and (c) interest (computed on the basis of a
360-day year--30-day month) on any overdue payment (including any overdue
prepayment) of principal, any overdue payment of interest (including additional
interest payable pursuant to clause (b)) and any overdue payment of any
Yield-Maintenance Amount, payable quarterly as aforesaid (or, at the option of
the registered holder hereof, on demand), at a rate per annum from time to time
equal to 8.84%.

      Unless otherwise defined herein capitalized terms have the meaning ascribed to them in the Note Agreement and Guaranty referred to below.

      Payments of principal of, interest on and any Yield-Maintenance Amount payable with respect to this Note are to be made at the main office of the Bank of New York in New York City or at such other place as the holder hereof shall designate to the Company in writing, in lawful money of the United States of America.

Exhibit A-1

      This Note is one of a series of Senior Notes (herein called the “Notes”) issued pursuant to a Note Agreement and Guaranty, dated as of October 25, 2005 (as amended, supplemented, waiver or otherwise modified from time to time, herein called the “Agreement”), among the Company, the Guarantors party thereto and the original purchasers of the Notes named in the Purchaser Schedule attached thereto and is entitled to the benefits thereof.

      This Note is a registered Note and, as provided in the Agreement, upon surrender of this Note for registration of transfer, duly endorsed, or accompanied by a written instrument of transfer duly executed, by the registered holder hereof or such holder's attorney duly authorized in writing, a new Note for a like principal amount will be issued to, and registered in the name of, the transferee. Prior to due presentment for registration of transfer, the Company may treat the person in whose name this Note is registered as the owner hereof for the purpose of receiving payment and for all other purposes, and the Company shall not be affected by any notice to the contrary.

      The Company agrees to make required prepayments of principal on the dates and in the amounts specified in the Agreement. This Note is also subject to optional prepayment, in whole or from time to time in part, on the terms specified in the Agreement.

      In case an Event of Default, as defined in the Agreement, shall occur and be continuing, the principal of this Note may be declared or otherwise become due and payable in the manner and with the effect provided in the Agreement.

      This Note is intended to be performed in the State of New York and shall be construed and enforced in accordance with the internal law of such State.

			
	 	 ALBANY INTERNATIONAL CORP.
	 	 	  
	 	By: 	

      

    
	 	 	Name: 	   
	 	 	 Title:
      	          

Exhibit A-2exhibit_10-1.htm

    

     

    EXHIBIT
10.1

    

    AVID
TECHNOLOGY, INC.

    Avid
Technology Park

    One Park
West

    Tewksbury,
MA 01876

     

    2010
EXECUTIVE BONUS PLAN

     

    On
February 8, 2010 (the “Effective Date”), the
Compensation Committee (the “Committee”) of the Board of
Directors (the “Board”)
of Avid Technology, Inc. (the “Company”) adopted this 2010
Executive Bonus Plan (the “Plan”).

     

    
      	
              1.  

            	
              PURPOSE
      OF THE PLAN

            

    

     

    The
purpose of this Plan is: (i) to advance the interests of the Company’s
stockholders by enhancing the Company’s ability to attract, retain and motivate
executive officers, and (ii) to reward its executive officers for their
contributions toward the achievement of certain Company financial goals and
their personal performance in 2010.  Except where the context
otherwise requires, the term “Company,” as used in this
Plan, includes any of the Company’s present or future parent or subsidiary
corporations, as defined in Sections 424(e) or (f) of the Internal Revenue Code
of 1986, as amended, and any regulations promulgated thereunder, and any other
business venture (including, without limitation, joint venture or limited
liability company) in which the Company has a controlling interest, as
determined by the Board.

     

    
      	
              2.  

            	
              FINAL
      AUTHORITY; ADMINISTRATION

            

    

     

    The
Committee will administer and have final authority on all matters relating to
the Plan, except as otherwise set forth herein.  The Committee may
interpret and construe the Plan, decide any and all matters arising under or in
connection with the Plan, and correct any defect, supply any omission or
reconcile any inconsistency in the Plan in the manner and to the extent it deems
expedient to implement the Plan.  Additionally, the Committee may
amend, suspend, revoke or terminate the Plan at any time.  All bonus
payouts under the Plan are subject to prior approval by the
Committee.  All decisions by the Committee will be made in the
Committee’s sole discretion and will be final and binding on all persons having
or claiming any interest in the Plan.

     

    
      	
              3.  

            	
              ELIGIBILITY

            

    

     

    All of
the Company’s executive officers will be eligible to participate in the Plan,
excluding executive officers hired after September 30, 2010.  Eligible
executive officers must be employed by the Company on December 31, 2010 in order
to receive a bonus, if any, under this Plan.  An eligible executive
officer who ceases to be employed by the Company, other than as a result of
termination by the Company for cause, after December 31, 2010, but prior to the
bonus payout date, will be entitled to receive a bonus pursuant and subject to
the terms and conditions of this Plan.  For purposes of the Plan, the
following individuals will be deemed to be employed by the Company as of
December 31, 2010: (i) any executive officer on an approved leave of absence on
that date, and (ii) any executive officer who in 2010 becomes disabled and
qualifies for benefits under the Company’s long-term disability
plan.  For individuals who become executive officers of the Company
during 2010 as a result of an acquisition, initial eligibility for participation
in the Plan will be determined by the Committee on a case-by-case
basis.  Each eligible executive officer is deemed a “Participant” in the
Plan.

     

    
      	
              4.  

            	
              TARGET
      BONUS

            

    

     

    Each
Participant has been designated by the Company as being eligible to earn a
target bonus amount equal to a percentage of the Participant’s base salary (the
“Bonus
Percentage”).

     

    Each
Participant’s “Target Bonus
Amount” for 2010 is his or her Bonus Percentage multiplied by the base
salary paid to him or her in 2010.  For purposes of the Plan, base
salary includes regular wages and vacation, sick time and holiday pay, but not
leave of absence, bonus or other premium pay.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
              5.  

            	
              PLAN
      MODEL OVERVIEW

            

    

     

    
      
        Actual
bonus payouts will be based on the following two components: Company Performance
and Personal Performance (each referred to as a “Performance
Component”).  Each Performance Component is described in
greater detail in Section 6.  The Performance Components have been
assigned weights for purposes of calculating bonus payouts, in accordance with
the following table:

    

    
      	
              Performance
      Component

            	
              Weight

            
	
              Company
      Performance

            	
              80%

            
	
              Personal
      Performance

            	
              20%

            

    

    

    

    
      	
              6.  

            	
              PERFORMANCE
      COMPONENTS

            

    

     

    
      	
              6.1 

            	
              Company
      Performance.  Company Performance will be measured using
      two metrics (each a “Company Metric”), with
      each Company Metric assigned a weight, as set forth in the following
      table:

            

    

    
       

      
        	
                Company Metric1

              	
                Weight

              
	
                Company
      Revenues

              	
                40%

              
	
                Company
      Operating Earnings2

              	
                60%

              
	
                 
      1.    Actual performance for all Company
      Metrics will be determined on a non-GAAP basis consistent with historical
      Company practice.

              
	 
      2.    Operating earnings will include bonus
      payout for executives and employees.

      

       

    

    For each
Company Metric, the Compensation Committee will establish a minimum performance
level, a target performance level and a maximum performance
level.  Each Company Metric will receive a score based upon
achievement
of these performance levels as set forth in the following table:

     

    
      	
              Performance
      Level

            	
              Score

            
	
              Maximum
      (and above)

            	
              1.5

            
	
                   Between target and
      maximum

            	
              1.00
      to 1.51

            
	
              Target

            	
              1.00

            
	
                   Between minimum and
      target

            	
              0.30
      to 1.002

            
	
              Minimum

            	
              0.30

            
	
                   Below
      minimum

            	
              0.00

            
	
               
      1.     Score will be adjusted on a linear basis
      between 1.00 and 1.5 based on actual results.

            
	
               
      2.     Score will be adjusted on a linear basis
      between 0.30 and 1.00 based on actual
results.

            

    

    

     

    The
scores attached to each Company Metric will be used in the following formula,
which incorporates the weight of each Company Metric, to determine the “Company Performance
Score”:

     

    
      	
              (Company
      Revenues score) x (40%)

            
	
              +  (Company
      Operating Earnings score) x (60%)

            
	
              Company
      Performance Score

            

    

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
              6.2 

            	
              Personal
      Performance.  The Compensation Committee will assign
      personal performance goals to Participants for 2010.  The
      Compensation Committee will consider goals recommended by the Chief
      Executive Officer for each Participant when making such
      assignments.  The Compensation Committee may amend or modify any
      goal or substitute a new goal in place of any existing goal, to the extent
      equitable under the circumstances (e.g., in the event a Participant’s role
      or responsibilities change).

            

    

     

    The
Participant’s performance relative to each goal will be scored on a scale of
0.00 to 1.35, with a score of 1.00 representing target performance.

     

    Within a
reasonable period of time after December 31, 2010, each Participant will receive
from the Compensation Committee, a final assessment of his or her performance
relative to each goal (a “Personal Performance
Score”).

     

    

    
      	
              7.  

            	
              OVERALL
      PARTICIPANT SCORE

            

    

     

    Each
Participant will be assigned an “Overall Score” that will be
calculated in accordance with the formula set forth below:

     

    
      	(Company
      Performance Score) x
      (80%)
	+  (Personal
      Performance Score) x
      (20%)
	
              Overall
      Score

            

    

    

    
      	
              8.  

            	
              BONUS
      PAYOUTS

            

    

     

    
      	
              8.1 

            	
              Bonus
      Payout.  Each Participant’s actual bonus payout under
      this Plan, if any, will be determined in accordance with the following
      formula:

            

    

     

    (Target
Bonus Amount) x (Overall Score) = Bonus Payout

     

    Notwithstanding
the preceding, if the Company has a non-GAAP operating loss for 2010, the bonus
payout will be reduced to zero for each Participant.

     

    
      	
              8.2 

            	
              Timing.  Bonuses,
      if any, are expected to be determined and paid in the first quarter of
      2011 after the Company files its Annual Report on Form 10-K with the
      Securities and Exchange Commission for fiscal year 2010, although the
      Company will not have any liability to any Participant if bonus payouts
      are delayed beyond that time period for any reason, provided that in no
      event will the bonuses, if any, be paid later than December 31,
      2011.

            

    

     

    
      	
              9.  

            	
              CHANGES
      TO EMPLOYMENT CIRCUMSTANCES

            

    

     

    
      	
              9.1 

            	
              Changes
      to Base Salary.  Because each Participant’s Target Bonus
      Amount is based upon base salary paid in 2010, any adjustments to the rate
      or payment of a Participant’s base salary will automatically be
      incorporated on a pro rata basis into that Participant’s bonus payout
      calculation, including, without limitation, in the event of (i) any
      increase or diminution in base salary, (ii) any suspension, in whole or in
      part, of the payment of base salary in connection with an authorized leave
      of absence, and (iii) any payment of less than a full year’s base salary
      in connection with a date of hire after January 1, 2010.  If a
      Participant becomes disabled and qualifies for benefits under the
      Company’s long-term disability plan, the Participant’s bonus payout will
      be calculated based upon the Participant’s base salary paid while on the
      Company payroll as an employee.

            

    

     

    
      	
              9.2 

            	
              Changes
      to Bonus Percentage.  If a Participant’s Bonus Percentage
      changes during 2010, then separate bonus calculations will be performed
      for each time period for which different Bonus Percentages existed, using
      the Participant’s base salary during each such time
  period.

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
              10.  

            	
              MISCELLANEOUS

            

    

     

    
      	
              10.1 

            	
              Other
      Bonuses and Incentives.  Nothing in this Plan shall limit
      the discretionary authority of the Board or the Committee to approve and
      pay out additional or alternative bonuses to Participants (based on
      performance) or provide Participants additional or alternative incentives
      outside of the terms of this Plan.

            

    

     

    
      	
              10.2 

            	
              No
      Right to Employment or Other Status.  This
      Plan shall not be construed as giving any Participant the right to
      continued employment or any other relationship with the
      Company.  The Company expressly reserves the right at any time
      to dismiss or otherwise terminate its relationship with any Participant
      free from any liability or claim under the Plan, except as may otherwise
      be provided in the Participant’s employment agreement or change-in-control
      agreement with the Company.

            

    

     

    
      	
              10.3  

            	
              Provisions
      for non-U.S. Participants.  The Company may modify bonus
      payouts or establish separate procedures for Participants who are non-U.S.
      nationals or who are employed outside the United States in order to comply
      with laws, rules, regulations or customs of such foreign jurisdictions
      with respect to tax, currency, employee benefits or other
      matters.

            

    

     

    
      	
              10.4 

            	
              Governing
      Law.  This Plan will be governed by and construed in
      accordance with the internal laws of the Commonwealth of Massachusetts
      without giving effect to any choice or conflict of law
      provision.

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