Document:

Summary of Terms of Stock Appreciation Rights

 Exhibit 10.b. 
  
 Summary of Key Terms of 2005 Stock-Based Compensation Awards to Executive Officers 
  
 On February 15, 2005, the Board of Directors of CDI Corp. (the “Company”), upon the
recommendation of the Compensation Committee, approved the grant of certain stock-based compensation awards to two executive officers of the Company: Joseph R. Seiders (Senior Vice President and General Counsel) and Cecilia J. Venglarik (Senior Vice
President, Human Resources). 
  
 The following awards were made on March 4, 2005
(which was the third business day following the issuance of the news release announcing the Company’s earnings for 2004): 
  

							
	 Name of Executive

	 	 Stock Appreciation
 Rights (settled in stock)

	 	 Time-Vested
 Deferred Stock

	 	 Performance-Contingent
 Deferred Stock

	 Joseph Seiders
	 	2,834	 	708	 	1,417
	 Cecilia Venglarik
	 	2,834	 	708	 	1,417

  
 The stock appreciation rights (SARs)
awarded to the two executives entitles each recipient to receive, upon exercise of the SAR, the increase in the market value of the specified number of shares of CDI Corp. common stock from the date of grant of the SAR (which was $20.72 per share)
to the date of exercise, payable in shares of CDI common stock (after deductions are made to satisfy withholding and payroll tax obligations). These SARs will vest 20% per year on the first five anniversaries of the date of grant. The SARs will have
a seven-year term, though they generally terminate earlier if the executive’s employment with the Company ends. 
  
 The time-vested Deferred Stock awarded to the two executives entitles each recipient to receive the specified number of shares of CDI common stock upon vesting. These
shares will vest 20% per year on the first five anniversaries of the date of grant. Deferred Stock will generally terminate prior to vesting if the executive’s employment with the Company ends. 
  
 The performance-contingent Deferred Stock awarded to the two executives entitles each
recipient to receive all or a portion of the specified number of shares of CDI stock based on CDI’s achievement of established levels of EVA (Economic Value Added) growth in 2005 (provided that there must be positive EVA for the year in order
to receive any shares). EVA is equal to the Company’s net operating profit after taxes in excess of the cost of capital of the net assets employed in the Company’s business. 
  
 The Company anticipates that written SAR agreements and Deferred Stock agreements will be entered into with the executives with respect to
these awards. However, those agreements have not been prepared or executed as of the date of this Report.Summary of Terms

 Exhibit 10.c. 
  
 Summary of Key Terms of 2005 Executive Cash Bonus Program 
  
 On February 15, 2005, the Company’s Board of Directors, upon the recommendation of the
Compensation Committee, approved the Company’s 2005 cash bonus program covering the Company’s senior management team, including the following executive officers of CDI Corp.: Roger Ballou (President and CEO), Jay Stuart (Executive Vice
President and CFO), Joseph Seiders (Senior Vice President and General Counsel), and Cecilia Venglarik (Senior Vice President, Human Resources). 
  
 The 2005 target bonuses established for those executive officers are $416,250 for Roger Ballou, $155,000 for Jay Stuart, $85,200 for Joseph Seiders and $99,000 for
Cecilia Venglarik. Under the severance agreement signed by the Company and Jay Stuart, who is scheduled to leave CDI in May 2005, Mr. Stuart would receive a pro rata portion of any 2005 bonus earned. 
  
 Under the 2005 cash bonus program, a bonus pool will be created for the Company’s senior
management team based on CDI’s achievement of certain levels of return on invested capital during 2005. The Compensation Committee has the discretion to increase the amount of the bonus pool by up to 20% to reflect key accomplishments that
positively affect long-term shareholder value. 
  
 Payouts to the executive
officers from any amounts in the bonus pool will be based on the Company’s achievement of certain established financial goals in 2005. The financial goals relate to three measures: direct margin dollars, net income and return on assets. The
three goals are given the following weights: the direct margin dollars goal represents 25% of the total bonus opportunity, the net income goal represents 45%, and the return on assets goal represents 30%. The maximum payout related to the net income
and return on assets goals is 200% of the target level. The payout related to the direct margin goal is capped at 150% of the target.Agreement with UBS Securities LLC dated January 27, 2005

 Exhibit 10.1 
  

					
	

	 	 	 	 UBS Securities LLC
 677 Washington Boulevard
 Stamford, Connecticut 06901
 Telephone 203 719-7100
 www.ubswarburg.com

	 	 	 
	 	 	 
	 	 	 
	 	 	 	 

  
 January 25, 2005 
  
 Peter J. Maloney 
 Chief Financial Officer 
 Keynote Systems, Inc. 
 777 Mariners Island Boulevard 
 San Mateo, CA 94404 
  
 Dear Peter: 
  
 This agreement (“Agreement”) confirms the terms and conditions under which UBS Securities LLC (“UBS”) will assist Keynote Systems, Inc. (the
“Purchaser”) in its program to repurchase shares of its common stock (the “Securities”). 
  

	1.	The Purchaser hereby appoints UBS as its agent to purchase the Securities pursuant to the plan (defined below), and UBS accepts this appointment. UBS agrees that it shall effect any
purchase of the Securities in accordance with the timing, price and volume restrictions in sections (b)(2)-(4) of Rule 10b-18 (“Rule 10b-18”) under the Securities Exchange Act of 1934, as amended (“Exchange Act”). The Purchaser
agrees not to take, nor permit any person or entity under its control to take, any action which could reasonably be expected to jeopardize the availability of Rule 10b-18 for its acquisition program. In compliance with section (b)(1) of Rule 10b-18,
the Purchaser shall use only one broker in connection with the purchase of Securities on any given day. In addition, UBS shall not be responsible for any failure to comply the section (b)(4) of Rule 10b-18 arising out of any block purchase effected
by Purchaser through a broker other than UBS. Nothing shall preclude the purchase by UBS of the Securities for its own account, or the solicitation or execution of purchase or sale orders of the Securities for the account of UBS clients.

  

	2.	UBS shall conduct its purchase of Securities pursuant to this Agreement on behalf of the Purchaser until terminated by either party on written notice to the other party. Such
termination shall be effective on the first business day after the day on which the notice is given, provided that termination shall be effective when the notice is given if required by law. 

  

	3.	The Purchaser shall promptly notify UBS whenever it determines that purchases should be suspended for any period of time (due to, without limitation, (a) purchases by affiliated
purchasers, (b) distributions by the Purchaser within the meaning of Regulation M under the Exchange Act, or (c) the Purchaser being aware of material nonpublic information). UBS shall suspend purchases under this Agreement upon receipt of the
Purchaser’s notice to do so. If UBS receives a notice to terminate or suspend purchases for any reason, UBS shall be entitled to make, and Purchaser shall be solely responsible for, a purchase pursuant to a bid made before such termination or
suspension is effective. 

  

	4.	During the term of the plan UBS shall determine, in its sole discretion, the timing, amount, prices and manner of purchase of Securities during such period.

  

	5.	UBS will purchase Securities pursuant to a written plan adopted by the Purchaser for trading securities pursuant to Rule 10b5-1 under the Exchange Act in the form attached hereto as
Exhibit A (the “Plan”). 

  

	 	(a)	the Purchaser and UBS acknowledge and agree that any purchase of Securities by UBS on behalf of the Purchaser during the term of such Plan will be deemed to be made in accordance
with such Plan, unless otherwise agreed and identified as purchases outside of the Plan by Purchaser and UBS; 

  

			
	 	  	Member SIPC
		
	 UBS Securities LLC is a subsidiary of UBS AG.
 UBS Securities is a financial services group of UBS AG
	  	 Member New York Stock Exchange
 and other
Principal Exchanges

 

 
  

	 	(b)	the Purchaser acknowledges that Rule 10b5-1 does not permit the Purchaser to (i) exercise any influence over how, when or whether UBS effects purchases of the Securities
contemplated by a Plan or (ii) alter or deviate from any such Plan or to change the number of Securities, price or timing of the purchases of Securities contemplated by any such Plan; and 

  

	 	(c)	all purchases made by UBS on behalf of Purchaser pursuant to any such Plan shall be subject to the terms and conditions of this Agreement, in addition to any terms and conditions
set forth in such Plan. 

  

	6.	UBS shall provide confirmations of purchases of Securities to the Purchaser and to other persons as the Purchaser designates in writing. In addition UBS shall provide reports of
such transactions to the Purchaser or its designee as agreed by the Purchaser and UBS. 

  

	7.	The Purchaser shall pay for the Securities within three business days after purchase. Purchased Securities will be held or delivered in accordance with the Purchaser’s written
instructions. The Purchaser agrees to pay to UBS a fee of $0.03 per share for Securities purchased pursuant to this Agreement. 

  

	8.	The Purchaser represents and warrants that it has publicly disclosed its intention to institute a program for the acquisition of the Securities contemplated hereby. On the date of
this Agreement, Purchaser represents and warrants to UBS that: each of this Agreement and the Plan, and the transactions contemplated by this Agreement have been duly authorized by the Purchaser; each of this Agreement and the Plan is the valid and
binding agreement of the Purchaser, enforceable in accordance with its terms; performance of the transactions contemplated herein will not violate any law, rule, regulation, order, judgement or decree applicable to the Purchaser or conflict with or
result in a breach of or constitute a default under any material agreement or instrument to which the Purchaser is a party or by which it or any of its property is bound; Purchaser is not aware of any material nonpublic information regarding the
Purchaser or its securities (including the Securities); in the case of any Plan, Purchaser is entering into any Plan adopted hereunder in good faith and not as part of a plan or scheme to evade the prohibitions of Rule 10b5-1; and no governmental,
administrative or official consent, approval, authorization, notice or filing is required to perform the transactions contemplated herein or in any such Plan. 

  

	9.	All communications and notices shall be in writing (including facsimile transmissions) or confirmed in writing (including facsimile transmissions) and (unless provided otherwise)
shall be effective when received at the address specified below or such other address designated by written notice to the other party: 

  

	 	(a)	if to UBS, to it at: 

  
 UBS Securities LLC 
 677 Washington Blvd.
6th Floor Trading South 
 Stamford, CT 06901 
 Attn: Young Z. Kim 
 Fax #: 203-719-7031 
  

	 	(b)	if to the Purchaser, to it at: 

  
 Keynote Systems, Inc. 
 777 Mariners Island
Boulevard 
 San Mateo, CA 94404 
 Attn: Peter J. Maloney- Chief Financial Officer 
  

 2 

 

 
  

	10.	Neither party may assign its rights and obligations under this Agreement to any other party, provided however that UBS may assign its rights and obligations under this Agreement to
any affiliate of UBS. 

  

	11.	Neither party shall refer to the other or any affiliate of the other in any public statement or disclosure document without the prior consent of the other party or such affiliate.

  

	12.	This Agreement shall be governed by and construed in accordance with the law of the State of New York (without giving effect to any provisions thereof relating to conflicts of law).

  
 If the foregoing correctly sets forth our agreement, please sign
below and return to us a signed copy. 
  
 Yours sincerely, 
 UBS Securities LLC 
  

							
	By:	  	 /s/ Andrew Tuthill

	  	By:	  	 /s/ Young Kim

	Name:	  	Andrew Tuthill	  	Name:	  	Young Kim
	Title:	  	Managing Director	  	Title:	  	Associate Director
			
	Accepted as of the 27 day of January, 2005	  	 	  	 
			
	Keynote Systems, Inc.	  	 	  	 
				
	By:	  	 /s/ Peter J. Maloney

	  	 	  	 
	Name:	  	Peter J. Maloney	  	 	  	 
	Title:	  	Chief Financial Officer	  	 	  	 

  

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