Document:

QuickLinks
 -- Click here to rapidly navigate through this document
  

 
 

Exhibit 10-kk    
  

 
 

ADC EXECUTIVE STOCK OWNERSHIP PROGRAM
  (January 2002)    

Overview  

        The ADC Executive Stock Ownership Policy specifies ownership levels expected of ADC officers and encouraged for other top executives. It also provides additional
stock options as part of December annual grants for executives who had adequate ownership as of the previous November 15. This description of the program is updated in
light of the stock price of ADC stock during the ten trading days ending November 1, 2001, the inclusion of 401(k) Excess Plan ADC stock account holdings for the determination of ownership
level, the elimination of past participant grand-fathering, and the current plan to provide annual grants for fiscal year 2003 as of mid-December 2002.

Objective  

	•
	Encourage
top management to maintain a significant, long-term ownership position in ADC stock, thus strengthening the alignment with
shareholder's interest.

	•
	Recognizing
that owning a significant portion of one's portfolio in ADC stock incurs an above-average risk, this program provides a direct incentive to
foster ownership. 

Eligibility  

        Eligibility for this program is confined to ADC executives in jobs at salary grade 20 or higher as of the October 1 immediately preceding the annual stock
option grant date and through that grant date. Although eligibility defines on-going program participation, an executive will only receive the benefit of the additional number of stock
options at the annual grant if they would normally receive an annual grant in December of that year. For example, a new hire in August is not eligible for an annual grant until the December of the
following year. 

Ownership Targets  

	CEO	 	4 × base salary
	Grades 23 & above	 	2 × base salary
	Grades 20-22	 	1.5 × base salary

        These
ownership targets should be achieved by the end of a four-year time period, measured from the first date that the participant is in an eligible position at ADC. In the
case of employment with an acquired company, the measurement date will begin no earlier than the date of acquisition. 

        It
is especially important that the officers of the company obtain the target ownership levels. Therefore, these targets are expected of officers; while for other executives achievement
of the target is simply encouraged and generates the opportunity for larger stock option grants. 

        ADC
equity ownership programs will generally provide officers with adequate opportunity to achieve the ownership targets. Examples of such programs are the stock option and stock
purchase programs. If the programs do not (e.g., stock options all underwater), understanding will be shown to the officer who does not achieve the ownership target. On the other hand, the
Compensation and Organization
Committee of the Board will look very unfavorably at a situation in which an officer has not met the target and has instead sold their shares upon the exercise of stock options. 

1

 

        With
the same consideration in mind, it should be apparent that there is adequate progress being made to reach the target. More specifically, "adequate progress" is defined as the
expectation that the officer will have an ownership position equal to at least one-fourth of the full target ownership position for each full year of service in an eligible position(s). As
noted later, an enhancement to the annual stock options grant will not occur until the full targeted ownership exists. 

Measurement of Ownership Targets and Achievement  

        Ownership will include ADC common stock acquired and currently held through stock option exercises, direct market purchases, 401(k) ADC stock fund, 401(k) ADC
stock fund account, stock purchase plan holdings, and vested shares from restricted stock grants. Ownership must be in the employee's name, not solely in the name of other family members. Unexercised
stock options are not deemed as owned for purposes of this program. 

        The
ownership level is measured as the value of ADC stock owned. Since stock prices fluctuate daily, an imputed price per share is defined for each fiscal year to calculate ownership
value and, therefore, ownership expectations for that year. This imputed value of a share of ADC stock equals the higher of the average closing market value during two periods: (1) the ten
trading days ending on the first trading day of the fiscal year and (2) the ten trading days ending on May 1 of the fiscal year. 

        Here
is an example for FY2002: 

	•
	Ownership
target = 1.5 × salary

	•
	Salary
as of October 1, 2002 = $100,000

	•
	Average
stock price for the ten trading days ending on the November 1, 2001 = $4.799

	•
	Average
(hypothetical) stock price for the ten trading days ending May 1, 2002 = $5.50

	•
	Minimum
shares needed to reach ownership target = 1.5 × $100,000/$5.50 = 27,273 shares as of the November 15,
2002 

        This
is a substantially greater number of shares than were needed for the FY02 annual grant since the stock price near the beginning of FY01 was over $20 per share. Therefore, the
executive might not satisfy this ownership target for the purposes of a December 2002 (FY03) annual grant even if they did for the previous annual grant cycle. 

Program Operation  

        ADC will notify eligible participants in May of the ownership requirement to be achieved by November 15 of that fiscal year in order to obtain an
enhancement to their stock option grant. This requirement is a function of the target ownership salary multiple, the participant's salary as of October 1, and the imputed value per ADC share as
previously defined. 

        By
October 10 another reminder will be provided to participants, incorporating any salary increase since the last notice. At that time, each participant will be asked to supply
information regarding actual ownership level. Eligible participants will be required to respond with the ADC stock ownership information by November 15. 

Ownership Award  

        Participants who have provided the necessary ownership information in a timely manner and who have achieved or exceeded the full stock ownership target for their
position as of the November 15 immediately preceding the annual grant will have their stock option grant adjusted upward 20% from the guideline midpoint amount if they receive the annual grant. 

2

 

Continued Ownership Expectation  

        Any participant receiving an enhanced annual option grant is expected to hold ADC stock at least equal to the number of shares that was required for that annual
grant enhancement for at least one year after the grant. If this targeted ownership level is not maintained for the full year after the annual
grant, a reduction will be made to the next annual grant. The executive is responsible for notifying ADC of a decrease in ownership below this level. 

Plan Amendment and Termination  

        ADC reserves the right to terminate or amend this program prospectively or retrospectively and without prior notice. This program is not a contract of employment
or guarantee thereof. 

3

QuickLinks

Exhibit 10-kk

ADC EXECUTIVE STOCK OWNERSHIP PROGRAM (January 2002)QuickLinks
 -- Click here to rapidly navigate through this document

 
 

Exhibit 10-ll    
  

 
 

Summary of Executive Perquisite Allowances    
  

        ADC provides its executive officers and other senior management employees with an annual perquisite allowance ranging from $10,000 to $16,000. This allowance is
paid over the year in accordance with ADC's regular payroll practices. 

QuickLinks

Exhibit 10-ll

Summary of Executive Perquisite AllowancesQuickLinks
 -- Click here to rapidly navigate through this document

 
 

EXHIBIT 4.1    
  

 
 

SMARTVIDEO TECHNOLOGIES
  2003 STOCK INCENTIVE PLAN    
  

        The purpose of the SmartVideo Technologies 2003 Stock Incentive Plan (the "Plan") is to provide
(a) designated employees (including employees who are also officers or directors) of SmartVideo Technologies, Inc. and its subsidiaries (the  "Company"), (b) certain consultants and
advisors to the Company and (c) non-employee members of the Board of Directors of the
Company (the "Board") with the opportunity to receive grants of incentive stock options and nonqualified stock options
("Options") and restricted stock awards ("Restricted Stock Awards") and Stock Appreciation Rights,
Performance Shares, Dividend Equivalent Payments and Other Stock Based Awards ("Options," "Restricted Stock
Awards," and "Stock Appreciation Rights," are collectively referred to herein as  "Awards"). 

        1. Administration.    The Plan will be administered by the compensation committee (the  "Committee") of the Board. If no compensation committee is appointed, all references in the Plan to the
"Committee" shall be deemed to refer to the Board. The Committee shall have the sole authority to (i) determine the individuals to whom Awards
shall be granted under the Plan, (ii) determine the type, size and terms of the Awards to be granted to each such individual, (iii) determine the time when the Awards will be granted and
the duration of any applicable exercise period, including the criteria for exercisability and the acceleration of exercisability and (iv) deal with any other matters arising under the Plan. The
Committee shall have full power and authority to administer and interpret the Plan, to make factual determinations and to adopt or amend such rules, regulations, agreements and instruments for
implementing the Plan and for the conduct of its business as it deems necessary or advisable, in its sole discretion. The Committee's interpretations of the Plan and all determinations made by the
Committee pursuant to the powers vested in it hereunder shall be conclusive and binding on all persons having any interest in the Plan or in any awards granted hereunder. All powers of the Committee
shall be executed in its sole discretion, in the best interest of the Company, not as a fiduciary, and in keeping with the objectives of the Plan and need not be uniform as to similarly situated
individuals. 

        2. Shares Subject to the Plan.    The aggregate number of shares of common stock of the Company
("Company Stock") that may be issued under the Plan is 1,200,000 shares. The shares may be authorized but unissued shares of Company Stock or reacquired
shares of Company Stock, including shares purchased by the Company on the open market for purposes of the Plan. If and to the extent Awards granted under the Plan terminate, expire, or are canceled,
forfeited, exchanged or surrendered without having been exercised, the shares subject to such Awards shall again be available for purposes of the Plan. 

        3. Eligibility for Participation.    All employees of the Company ("Employees"),
including Employees who are officers or members of the Board, and members of the Board who are not Employees ("Non-Employee Directors")
shall be eligible to participate in the Plan. Consultants and advisors who perform services to the Company ("Key Advisors") shall be eligible to
participate in the Plan if the Key Advisors render bona fide services and such services are not in connection with the offer or sale of securities in a capital-raising transaction. Employees, Key
Advisors and Non-Employee Directors who receive Awards under this Plan shall hereinafter be referred to as "Grantees". 

        4. Options.    Options granted under the Plan may be incentive stock options ("Incentive Stock
Options") or nonqualified stock options ("Nonqualified Stock Options"). All Awards shall be subject to the terms and conditions
set forth herein and to such other terms and conditions consistent with the Plan as the Committee deems appropriate and as are specified in writing by the Committee to the individual in a grant
instrument (the "Grant Instrument") or an amendment to the Grant Instrument. The Committee shall approve the form and provisions of each Grant
Instrument. Incentive Stock Options may be granted only to Employees. Nonqualified Stock Options may be granted to Employees, 

Non-Employee Directors and Key Advisors. The purchase price (the "Exercise Price") of Company Stock subject to an Option shall be
determined by the Committee, provided however, that (x) the Exercise Price of an Incentive Stock Option shall be equal to, or greater than, the
Fair Market Value of a share of Company Stock on the date the Incentive Stock Option is granted unless such Employee, at the time of grant, owns stock possessing more than 10 percent of the
total combined voting power of all classes of stock of the Company or any parent or subsidiary of the Company, in which event the Exercise Price per share shall be not less than 110% of the Fair
Market Value of Company Stock on the date of grant. Fair Market Value per share shall be the mean between the last reported "bid" and  "asked" prices of
Company Stock on the relevant date. 

        5. Restricted Stock Awards.    The Committee may grant Restricted Stock Awards pursuant to the Plan. Restricted Stock Awards may
be granted to Employees, Non-Employee Directors and Key Advisors. Such Restricted Stock Awards shall be in any form the Committee deems appropriate, including but not limited to, stock for
converted options, stock bonuses and stock purchase rights. Each Restricted Stock Award shall be evidenced by a Grant Instrument. A Grantee's right to retain a Restricted Stock Award may be subject to
such restrictions, including, but not limited to, his continuous employment by the Company for a specified period as the Committee deems appropriate. The Committee may, in its sole discretion, require
different periods of employment and objectives with respect to different Grantees, different Restricted Stock Awards or designated portions of a single Restricted Stock Award. Company Stock subject to
a Restricted Stock Award shall be issued and delivered at the time of the grant or as otherwise determined by the Committee, and may be free trading or may be subject to forfeiture until provided
otherwise in the Grant Instrument or the Plan. Grants of Restricted Stock Awards shall be made at such cost to the Grantee as the Committee shall determine and may be issued in consideration for past
services actually rendered to or for the benefit of the Company. 

        6. Stock Appreciation Rights.    The Committee may grant Stock Appreciation Rights under the Plan. A Stock Appreciation Right is
a right to receive a payment equal to the excess of the (i) Fair Market Value of the shares of Common Stock covered by such right as of the date of exercise or termination over (ii) such
amount as is determined by the Committee at the time the Stock Appreciation Right is
granted; such grants may be made individually or in tandem with Options. Each Stock Appreciation Right shall be evidenced by an Agreement and shall be in such form and shall contain such terms and
conditions as the Committee shall deem appropriate. If Stock Appreciation Rights are granted in tandem with an Option, the exercise of the Option shall cause a proportional reduction in Stock
Appreciation Rights standing to a Grantee's credit; the payment of Stock Appreciation Rights shall cause a proportional reduction of the number of shares of Common Stock exercisable under such Option.
If Stock Appreciation Rights are granted in tandem with an Incentive Stock Option, the Stock Appreciation Rights shall have such terms and conditions as shall be required for the Incentive Stock
Option to qualify as an Incentive Stock Option. Upon electing to receive payment of a Stock Appreciation Right, a Grantee shall receive payment in cash, in Common Stock, in any combination of cash and
Common Stock, or in such other form as the Committee shall determine. Stock Appreciation Rights shall be paid by the Company to a Grantee, to the extent payment is elected by the Grantee (and is
otherwise due and payable), as soon as practicable after the date on which such election is made. 

 7. Amendment and Termination of the Plan.  

        The Board may amend or terminate the Plan at any time; provided, however, that any amendment to the Plan that requires stockholder approval shall be submitted to
a vote of stockholders in order to comply with Section 162(m) of the Code if such Section is applicable to the Plan. The Plan shall terminate on the day immediately preceding the tenth
anniversary of its effective date unless terminated earlier by the Board or unless extended by the Board with the approval of the stockholders. 

 8. Administrative Provisions.  

        (a)    Governing Document.    The Plan shall be the controlling document. No other statements, representations,
explanatory materials or examples, oral or written, may amend the Plan in any manner. The Plan shall be binding upon and enforceable against the Company and its successors and assigns. 

        (b)    Rights of Participants.    Nothing in this Plan shall entitle any Employee, Key Advisor or other person to any
claim or right to be granted an Award under this Plan. Neither this Plan nor any action taken hereunder shall be construed as giving any individual any rights to be retained by or in the employ of the
Company or any other employment rights. 

        (c)    Headings.    Section headings are for reference only. In the event of a conflict between a title and the
content of a section, the content of the section shall control. 

        (d)    Effective Date of the Plan.    This Plan was adopted by the Board of Directors on November 25, 2002 and
by the stockholders effective January 6, 2003. 

        (e)    Certain Awards.    Nothing contained in this Plan shall be construed to (a) limit the right of the
Committee to grant Awards under this Plan in connection with the acquisition, by purchase, lease, merger, consolidation or otherwise, of the business or assets of any corporation, firm or association,
including Awards granted to employees thereof who become Employees of the Company, or for other proper corporate purpose, or (b) limit the right of the Company to grant stock options or
restricted stock awards or to grant stock appreciation rights, performance shares, dividend equivalent payments or other stock based awards or make other awards outside of this Plan. Without limiting
the foregoing, the Committee may grant Awards to an employee of another corporation who becomes an Employee by reason of a corporate merger, consolidation, acquisition of stock or property,
reorganization or liquidation involving the Company in substitution for a stock option or restricted stock award made by such corporation. The Committee shall prescribe the provisions of the
substitute Awards. 

        (f)    Compliance with Law.    The Plan, the grant and exercise of Awards, and the obligations of the Company to
issue or transfer shares of Company Stock under Awards shall be subject to all applicable laws and to approvals by any governmental or regulatory agency as may be required. The Committee may revoke
any grant if it is contrary to law or modify a grant to bring it into compliance with any valid and mandatory government regulation. The Committee may also adopt rules regarding the withholding of
taxes on payments to Grantees. The Committee may, in its sole discretion, agree to limit its authority under this section. 

        (g)    Ownership of Stock.    A Grantee or Successor Grantee shall have no rights as a stockholder with respect to any
shares of Company Stock covered by an Award until the shares are issued or transferred to the Grantee or Successor Grantee on the stock transfer records of the Company. Once an Award is exercised, the
purchaser shall have the rights equivalent to those of a stockholder, and shall be a stockholder when his or her purchase is entered upon the records of the duly authorized transfer agent of the
Company. No adjustment will be made for a dividend or other right for which the record date is prior to the date the Award is exercised. 

        (h)    Governing Law.    The validity, construction, interpretation and effect of the Plan and Grant Instruments
issued under the Plan shall exclusively be governed by and determined in accordance with the laws of the State of Delaware. 

QuickLinks

EXHIBIT 4.1

SMARTVIDEO TECHNOLOGIES 2003 STOCK INCENTIVE PLAN

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00046-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00046-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00046-of-00352.parquet"}]]