Document:

Bioanalytical Systems, Inc. - Exhibit 10.1

AMENDED AND RESTATED SECURED

CONVERTIBLE REVOLVING NOTE

	
$925,000	
Dated:  April 30, 2003

Maturity Date:  June 30, 2003

         FOR VALUE RECEIVED,
PharmaKinetics Laboratories, Inc., a Maryland corporation
(“Borrower”), hereby promises to pay to the order of
Bioanalytical Systems, Inc., an Indiana corporation, or its successors or
permitted assigns (“Lender”), at the address specified
in Section 11 herein, or at such other place as Lender may direct, the
principal amount (the “Principal Amount”) of Nine
Hundred Twenty-Five Thousand United States Dollars ($925,000) (or such lesser
amount as shall equal the aggregate unpaid principal amount of the Loans (as
defined below) made by the Lender to the Borrower hereunder together with
interest thereon at the rate of interest and in the manner set forth herein.
This Amended and Restated Secured Convertible Revolving Note (this
“Note”) amends and restates that certain Secured
Convertible Revolving Note dated as of November 14, 2002 (the
“Original Note”), and the Original Note is hereby
superseded and replaced in its entirety. This Note shall be deemed to be a
modification of Indebtedness pursuant to Section 3(a) of the Security Agreement
(as defined below) and the Guaranty (as defined below). 

        1.        
Loans. This Note evidences certain advances and extensions of credit made
prior to the date hereof and, subject to the terms and conditions of this Note,
and subject to the availability of cash for such purposes and the restrictions
set forth in any agreement between Lender and its lenders, to be made after the
date hereof by Lender, in Lender’s sole discretion, in favor of Borrower
(the “Loans”). The aggregate principal amount of the Loans shall not
exceed the Principal Amount. The Loans shall be evidenced by this Note and this
Note shall supersede and replace the promissory notes of Borrower in favor of
Lender dated June 13, 2002, June 26, 2002, July 25, 2002, August 9, 2002,
September 30, 2002, October 4, 2002, October 31, 2002 and November 14, 2002.
Borrower acknowledges that all Loans advanced prior to the date hereof are
accurately recorded on the schedule attached hereto (the “Loan
Schedule”) and authorizes the Lender to record on the Loan Schedule the
date and amount of each additional advance hereunder and the date and amount of
each repayment of principal, provided, however, that any failure by Lender to
record any such information shall not relieve Borrower of its obligation to
repay the outstanding principal amount of such advances, accrued interest
thereon, and any other amount payable with respect thereto in accordance with
the terms of this Note. 

        2.        
Payments. The entire unpaid principal balance of this Note, and all
accrued and unpaid interest thereon and all fees and charges incurred in
connection therewith, shall be due and payable on June 30, 2003 (the
“Maturity Date”). 

        3.        
Interest. The outstanding principal balance of this Note shall bear
interest at a rate equal to eight percent (8%) per annum. Interest shall be due
and payable for the exact number of days principal is outstanding and shall be
calculated on the basis of a three hundred sixty (360) day year. If any payment
required by this Note is not made within five (5) days of the date such payment
is due, this Note shall bear interest (computed and adjusted in the same manner,
and with the same effect, as interest hereon prior to maturity) after the due
date at a rate per annum equal to two percent (2%) above the rate that would
otherwise be in effect, until paid, and whether before or after the entry of
judgment hereon. 

        4.        
Prepayment. Borrower may prepay all or any portion of the unpaid balance
of this Note, without premium or penalty, at any time and from time to time;
provided, however, that all sums received by Lender in respect of this Note
shall be applied by Lender in the following order (i) to any costs of collection
and expenses reimbursable by Borrower to Lender, (ii) to the payment of
interest, if any, due on the outstanding balance of this Note or so much thereof
as shall from time to time remain unpaid, and (iii) to reduce the outstanding
principal balance of this Note. 

        5.        
Conversion.

	  	
        (a)        
The Lender may, at Lender’s option, at any time, and from time to time,
prior to payment in full of this Note, convert the outstanding unpaid balance of
this Note and any interest accrued pursuant to Section 3 above but unpaid (the
“Conversion Amount”), in whole or in part (but only into full shares),
into fully paid and non-assessable shares of the common stock, $.005 par value
of Borrower’s common shares (the “Common Shares”), at a price of
$0.1585 per Common Share, subject to adjustment pursuant to Section 5(b) hereof
(the “Conversion Rate”). In order to exercise this conversion right,
the Lender must send written notice of the conversion to Borrower at least two
(2) days prior to the specified conversion date (a “Conversion
Notice”). On the conversion date (or as soon thereafter as is reasonably
practicable), Borrower shall issue to Lender a share certificate for the Common
Shares acquired upon conversion. 

	  	
        (b)        
The Conversion Rate shall be subject to adjustment: (i) if Borrower at any time
subdivides (by any stock split, stock dividend, recapitalization or otherwise)
one or more classes of its outstanding Common Shares into a greater number of
shares, in which case the Conversion Rate in effect immediately prior to the
subdivision will be proportionately reduced; (ii) if Borrower at any time
combines (by reverse stock split or otherwise) one or more classes of its
outstanding Common Shares into a smaller number of shares, in which case the
Conversion Rate in effect immediately prior to that combination will be
proportionately increased; or (iii) upon the issuance by Borrower of Common
Shares, or of rights, options, warrants, or other securities convertible into
Common Shares, at a price per share that is less than the Conversion Rate, in
which case the Conversion Rate shall be adjusted so that it is equal to such per
share price. 

	  	
        (c)        
Notwithstanding any other provisions of this Section 5 to the
contrary, the conversion rights of Lender shall be subject to compliance with
all applicable federal and state securities laws, and Lender agrees to execute
all required agreements and documents required by Borrower to establish
compliance with such laws.

- 2 -

	  	
        (d)        
Borrower shall at all times reserve and keep available and free of preemptive
rights out of its authorized but unissued Common Shares, solely for the purpose
of issuance upon conversion of the Note, that number of Common Shares as shall
from time to time be sufficient to effect the conversion of the Note, and if at
any time the number of authorized but unissued Common Shares shall not be
sufficient to effect the conversion of the Note, Borrower shall take the
corporate action necessary to increase the number of its authorized Common
Shares to a number sufficient for this purpose. 

	  	
        (e)        
Notwithstanding anything in this Note to the contrary, the rights granted to
Lender by this Section 5 (the “Conversion
Rights”) shall not become effective unless and until the registered
owners of 100% of the Class B Convertible Preferred Stock of the Borrower (the
“Preferred Holders”) have delivered written notice to the Borrower of
the waiver of the Preferred Holders of the rights granted to the Preferred
Holders pursuant to Section 5 of the PharmaKinetics Laboratories, Inc. Articles
Supplementary dated April 17, 2000 in connection with the Conversion
Rights. 

        6.        
Method of Payment. All payments of principal and interest
hereunder shall be paid by Borrower in United States Dollars by wire transfer of
immediately available funds or in such other manner or at such other place as
Lender shall direct. 

        7.        
Events of Default. Each of the following constitutes an “Event
Default” hereunder: 

	  	
        (a)        
If the entire outstanding principal balance on this Note, together with any
accrued and unpaid interest thereon, is not paid within five (5) days after the
Maturity Date; 

	  	
        (b)        
If a default occurs under the Security Agreement (as defined below) or the
Guaranty (as defined below) and is not cured within thirty (30) days of the
occurrence thereof; or 

	  	
        (c)        
If Borrower applies for, consents to or acquiesces in the appointment of a
trustee, receiver or other custodian for Borrower or any property or assets of
Borrower, or makes a general assignment for the benefit of creditors; or, in the
absence of such application, consent or acquiescence, a trustee, receiver or
other custodian is appointed for Borrower or for a substantial part of the
property or assets of Borrower and is not discharged within sixty (60) days; or
any bankruptcy, reorganization, debt arrangement, or other case or proceeding
under any bankruptcy or insolvency law, or any dissolution or liquidation
proceeding, is commenced in respect of Borrower, and if such case or proceeding
is not commenced by Borrower, it is consented to or acquiesced in by Borrower or
if such case or proceeding is not vacated, stayed or dismissed within sixty (60)
days of such commencement. 

        8.        
Remedies Upon an Event of Default. If an Event of Default under
Section 7(c) shall occur and be continuing, the entire unpaid amount of
this Note shall be immediately due and payable without presentment, demand,
protest or notice of any kind, all of which Borrower expressly waives, and
Lender may thereafter exercise from time to time any rights, powers and remedies
available to it under all applicable laws or in equity. If an Event of Default
under Section 7(a) or Section 7(b) of this Note shall occur and be continuing,
then Lender may, at its option, exercise any one or more of the following rights
and remedies: 

- 3 -

	  	
        (a)        
Lender may declare the entire unpaid amount of this Note to be immediately due
and payable without presentment, demand, protest or notice of any kind, all of
which Borrower expressly waives; and 

	  	
        (b)        
Lender may exercise from time to time any rights, powers and remedies available
to him under all applicable laws or in equity. 

In addition, if any
Event of Default has occurred Lender shall be entitled to recover from Borrower all costs
and expenses, including reasonable attorneys’ fees and disbursements and court
costs, incurred in enforcing its rights hereunder. The rights and remedies of Lender
stated herein are cumulative to and not exclusive of any rights or remedies otherwise
available to Lender.  

        9.        
Security Interest. This Note and any extensions or renewals hereof, are
secured by the Security Agreement dated as of November 14, 2002 (the
“Security Agreement”) by Borrower in favor of Lender and
the Guaranty dated as of November 14, 2002 (the “Guaranty”) by PKLB
Limited Partnership, a Maryland limited partnership
(“Guarantor”), in favor of Lender. The Guaranty is
secured by an Indemnity Deed of Trust (the “Deed of
Trust”) dated November 14, 2002 and recorded among the Land Records
of Baltimore City, Maryland, in Liber 3080, Page 390 by Guarantor in favor of
Lender. Reference is made to the Security Agreement, the Guaranty and Deed of
Trust for a description of the nature and extent of the security, rights, duties
and obligations of Borrower and Guarantor and the rights of Lender. 

        10.        
Usury Laws. It is the intention of
Borrower and Lender to conform strictly to all applicable usury laws now or
hereafter in force, and any interest payable under this Note shall be subject to
reduction to an amount which is the maximum legal amount allowed under the
applicable usury laws as now or hereafter construed by the courts having
jurisdiction over such matters. The aggregate of all interest (whether
designated as interest, service charges, points or otherwise) contracted for,
chargeable, or receivable under this Note shall under no circumstances exceed
the maximum legal rate upon the unpaid principal balance of this Note remaining
unpaid from time to time. If such interest does exceed the maximum legal rate,
it shall be deemed a mistake and such excess shall be canceled automatically
and, if theretofore paid, rebated to Borrower or credited on the principal
amount of this Note, or if this Note has been repaid, then such excess shall be
rebated to Borrower. 

        11.        
Assignability. This Note and the rights and obligations hereunder shall
not be assignable or transferable, by operation of law or otherwise; provided,
however, this Note may be assigned in whole or in part by Lender to any
individual, corporation, partnership, limited partnership, limited liability
company or other entity controlled by Lender in Lender’s sole and absolute
discretion and without the consent of Borrower. 

        12.        
Notices. All notices and other communications given or made pursuant
hereto shall be in writing and shall be deemed to have been duly given or made
as of the date delivered or sent if delivered personally or sent by telecopier
or by prepaid overnight carrier to the parties at the following addresses (or at
such other addresses as shall be specified by the parties by like notice):

- 4 -

	 	
if to Lender:

          Bioanalytical Systems, Inc.

          2701 Kent Avenue

          Purdue Research Park

          West Lafayette, Indiana 47906

          Attention: Peter T. Kissinger, Ph.D.

          Facsimile: (765) 497-1102

with a copy to:

          Ice Miller

          One American Square Box 82001

          Indianapolis, Indiana 46282-0002

          Attention: Stephen J. Hackman, Esq.

          Facsimile: (317) 236-2219

if to Borrower:

          PharmaKinetics Laboratories, Inc.

          302 West Fayette Street

          Baltimore, Maryland 21201

          Attention: James M. Wilkinson, II, Ph.D.

          Facsimile: (410) 385-1957

with a copy to:

          Strasburger & Price, LLP

          901 Main Street

          Dallas, Texas 75202-3794

          Attention: David K. Meyercord, Esq.

          Facsimile: (214) 651-4330

        13.        
Representations and Warranties. Borrower represents and warrants to Lender that (i) the
execution, delivery and performance by Borrower of this Note has been duly authorized by
all necessary action by the partnership, (ii) this Note constitutes the valid, binding
and enforceable obligation of Borrower, (iii) Borrower has no defense, right of setoff or
counterclaim of any nature in connection with this Note or the Security Agreement, (iv)
the representations and warranties of Borrower set forth in this Note and Security
Agreement are true and correct as of the date of this Note and (v) after giving effect to
this Note, no Event of Default has occurred and is continuing under this Note or the
Security Agreement. 

- 5 -

        14.        
Consent and Confirmation of Guarantor. Guarantor, which has guaranteed
repayment to Lender by Borrower of the debt created pursuant to this Note, (i)
consents to the transactions contemplated by this Note, (ii) confirms that its
guaranty remains in full force and effect as to the full amount of this Note
notwithstanding the changes made by this Note and (iii) acknowledges and agrees
that the obligations of Borrower under this Note shall continue in all respects
to constitute obligations of Borrower guaranteed by Guarantor under the Guaranty
and the Deed of Trust. 

        15.        
Effectiveness. This Note shall become effective as of April 30, 2003 (the
"Effective Date"). On the Effective Date, the Original Note shall be
automatically amended as set forth herein. On and after the Effective Date, the
rights and obligations of Borrower, Lender and Guarantor shall be governed by
this Note. The rights and obligations of Borrower, Lender and Guarantor with
respect to the period prior to the Effective Date shall continue to be governed
by the provisions of the Original Note. 

        16.        
Integration; Confirmation. On and after the Effective Date, each
reference in the Note, Security Agreement and Guaranty or other document
delivered in connection with the Note to the "Note," or words of similar import
shall be deemed to be a reference to the Note as amended by this Note, and the
Note as so amended shall be read as a single, integrated document. Except as
amended herein, all other terms and provisions of the Security Agreement,
Guaranty and any other document delivered in connection with the Loan shall
continue in full force and effect and unchanged and are hereby confirmed in all
respects. 

        17.        
Miscellaneous. 

	  	
        (a)        
 This Note shall in all respects be governed by and construed in accordance      with the
laws of the State of Indiana without regard to conflicts of law      principles. 

	  	
        (b)        
 Borrower waives presentment, notice and demand, notice of protest, notice      of demand
and dishonor, and notice of nonpayment of this Note. 

	  	
        (c)        
Lender shall not (by act, delay, omission or otherwise) be deemed to have      waived
any of its rights or remedies hereunder, or any provision hereof,      unless such waiver
is in writing signed by Lender, and any such waiver      shall be effective only to the
extent specifically set forth therein. A      waiver by Lender of any right or remedy
under this Note on any one occasion      shall not be construed as a bar to or waiver of
any such right or remedy      which Lender would otherwise have had on any future
occasion. 

	  	
        (d)        
 Wherever possible, each provision of this Note which has been prohibited by      or held
invalid under applicable law shall be ineffective to the extent of      such prohibition
or invalidity, but such prohibition or invalidity shall      not invalidate the remainder
of such provision or the remaining provisions      of this Note. 

	  	
        (e)        
Wherever in this Note reference is made to Borrower or Lender, such reference
shall be deemed to include, as applicable, a reference to their respective
successors and assigns, legatees, heirs, executors, administrators and legal
representatives, as applicable, and, in the case of Lender, any future Lender of
this Note, in any case as permitted by this Note. Subject to Section 11, the
provisions of this Note shall be binding upon and shall inure to the benefit of
such successors, assigns, Lenders, legatees, heirs, executors, administrators
and legal representatives, as applicable. 

- 6 -

        
IN WITNESS WHEREOF, Borrower has executed and delivered this Note as of the day
and year first above written. 

	 	 	
PHARMAKINETICS LABORATORIES, INC.

By:  /s/  James M. Wilkinson II

Printed:  James M. Wilkinson II

Its:  President and CEO

	
Acknowledged:

BIOANALYTICAL SYSTEMS, INC.

By:  /s/  Douglas P. Wieten

Printed:  Douglas P. Wieten

Its:  CFO

	
Confirmed and Consented to by:

PKLB, LIMITED PARTNERSHIP

	
By:	
PharmaKinetics Laboratories, Inc., its General Partner

By:  /s/  James M. Wilkinson II

Printed:  James M. Wilkinson II

Its:  

- 7 -

SCHEDULE OF AMOUNTS ADVANCED AND PAYMENTS OR PREPAYMENTS

	Date	Amount of Advance	Interest Rate	Principal Paid

or Prepaid	Amount of

Unpaid Principal

 Balance	Notation Made

By
	June 13, 2002	$100,000.00 	8%	$0.00	$100,000.00	 
	June 26, 2002	$100,000.00 	8%	$0.00	$200,000.00	 
	July 25, 2002	$100,000.00 	8%	$0.00	$300,000.00	 
	August 9, 2002	$  50,000.00 	8%	$0.00	$350,000.00	 
	September 30, 2002	$  57,857.61 	8%	$0.00	$407,857.61	 
	October 4, 2002	$  15,000.00 	8%	$0.00	$422,857.61	 
	October 31, 2002	$  15,608.08 	8%	$0.00	$438,465.69	 
	October 31, 2002	$130,000.00 	8%	$0.00	$568,465.69	 
	November 14, 2002	$100,000.00 	8%	$0.00	$668,465.69	 
	November 27, 2002	$  75,000.00 	8%	$0.00	$743,465.69	 
	November 30, 2002	$  15,157.05 	8%	$0.00	$758,622.74	 
	December 31, 2002	$  24,098.79 	8%	$0.00	$782,721.53	 
	January 31, 2003	$  38,611.12 	8%	$0.00	$821,332.65	 
	February 20, 2003	$  35,000.00 	8%	$0.00	$856,332.65	 
	February 26, 2003	$  35,000.00 	8%	$0.00	$891,332.65	 
	February 28, 2003	$  25,852.28 	8%	$0.00	$917,184.93EXHIBIT 10.1

 
SAVVIS
COMMUNICATIONS CORPORATION 
2003 Incentive Compensation Plan 
 
The SAVVIS Communications Corporation 2003 Incentive
Compensation Plan (the “Plan”) adopted effective as of the date of adoption (the “Adoption Date”) by the Board of Directors of SAVVIS Communications Corporation (the “Corporation”), subject to approval of this proposal
by the stockholders of the Corporation, as provided below: 
 
SAVVIS COMMUNICATIONS CORPORATION 
 
2003 Incentive Compensation Plan 
 
Savvis Communications Corporation, a Delaware corporation (the “Company”), sets forth herein the terms of its 2003 Incentive Compensation Plan (the “Plan”), as follows: 
 

	1.	 	PURPOSE 

 
The Plan is intended to enhance the Company’s and its Affiliates’ (as defined herein) ability to attract and retain highly
qualified officers, directors, key employees, and other persons, and to motivate such officers, directors, key employees, and other persons to serve the Company and its Affiliates and to expend maximum effort to improve the business results and
earnings of the Company, by providing to such officers, directors, key employees and other persons an opportunity to acquire or increase a direct proprietary interest in the operations and future success of the Company. To this end, the Plan
provides for the grant of stock options, stock appreciation rights, restricted stock, unrestricted stock, stock units, dividend equivalent rights and cash awards. Any of these awards may, but need not, be made as performance incentives to reward
attainment of annual or long-term performance goals in accordance with the terms hereof. Stock options granted under the Plan may be non-qualified stock options or incentive stock options, as provided herein. 
 

	2.	 	DEFINITIONS 

 
For purposes of interpreting the Plan and related documents (including Award Agreements), the following definitions shall apply:

 
2.1 “Affiliate” means, with
respect to the Company, any company or other trade or business that controls, is controlled by or is under common control with the Company within the meaning of Rule 405 of Regulation C under the Securities Act, including, without limitation, any
Subsidiary. 
 
2.2 “Annual Incentive
Award” means an Award made subject to attainment of performance goals (as described in Section 15) over a performance period of up to one year (the fiscal year, unless otherwise specified by the Committee). 
 
2.3 “Award” means a grant of an Option, Stock
Appreciation Right, Restricted Stock, Unrestricted Stock, Stock Unit, Dividend Equivalent Rights or cash award under the Plan. 
 
2.4 “Award Agreement” means the written agreement between the Company and a Grantee that evidences and sets out the terms
and conditions of an Award. 
 
2.5 “Benefit
Arrangement” shall have the meaning set forth in Section 16 hereof. 
 
2.6 “Board” means the Board of Directors of the Company. 
 
2.7 “Cause” means, as determined by the Board and unless otherwise provided in an applicable agreement with the Company
or an Affiliate, (i) gross negligence or willful misconduct in connection with the performance of duties; (ii) conviction of a criminal offense (other than minor traffic offenses); or (iii) material breach of any term of any employment, consulting
or other services, confidentiality, intellectual property or non-competition agreements, if any, between the Service Provider and the Company or an Affiliate. 

 
2.8
“Code” means the Internal Revenue Code of 1986, as now in effect or as hereafter amended. 
 
2.9 “Committee” means a committee of, and designated from time to time by resolution of, the Board, which shall be
constituted as provided in Section 3.2. 
 
2.10 “Company” means Savvis Communications Corporation 
 
2.11 “Corporate Transaction” means (i) the dissolution or liquidation of the Company or a merger, consolidation, or reorganization of the Company with one or more other entities in
which the Company is not the surviving entity, (ii) a sale of substantially all of the assets of the Company to another person or entity, or (iii) any transaction (including without limitation a merger, consolidation or reorganization in which the
Company is the surviving entity) which results in any person or entity (other than persons who are shareholders at the time the Plan is approved by the stockholders and other than persons who are Affiliates immediately prior to the transaction)
owning 80% or more of the combined voting power of all classes of stock of the Company. 
 
2.12 “Covered Employee” means a Grantee who is a Covered Employee within the meaning of Section 162(m)(3) of the Code. 
 
2.13 “Director” means a member of the Board. 
 
2.14 “Disability” means the Grantee is unable
to perform each of the essential duties of such Grantee’s position by reason of a medically determinable physical or mental impairment which is potentially permanent in character or which can be expected to last for a continuous period of not
less than 12 months; provided, however, that, with respect to rules regarding expiration of an Incentive Stock Option following termination of the Grantee’s Service, Disability shall mean the Grantee is unable to engage in any substantial
gainful activity by reason of a medically determinable physical or mental impairment which can be expected to result in death or which has lasted or can be expected to last for a continuous period of not less than 12 months. 
 
2.15 “Dividend Equivalent Right” means a
right, granted to a Grantee under Section 14 hereof, to receive cash, Stock, other Awards or other property equal in value to dividends paid with respect to a specified number of shares of Stock, or other periodic payments. 
 
2.16 “Effective Date” means April 9, 2003,
the date the Plan was approved by the Company’s Board. 
 
2.17 “Exchange Act” means the Securities Exchange Act of 1934, as now in effect or as hereafter amended. 
 
2.18 “Executive Officer” means an executive officer within the meaning of the Sarbanes-Oxley Act of 2002. For this
purpose, and without limiting the foregoing, Executive Officer will include an “executive officer” of the Company within the meaning of Rule 3b-7 under the Exchange Act. 
 
2.19 “Fair Market Value” means the value of a share of Stock, determined as follows: if on
the Grant Date or other determination date the Stock is listed on an established national or regional stock exchange, is admitted to quotation on The Nasdaq Stock Market, Inc. or is publicly traded on an established securities market, the Fair
Market Value of a share of Stock shall be the closing price of the Stock on such exchange or in such market (if there is more than one such exchange or market the Board shall determine the appropriate exchange or market) on the trading date
immediately preceding Grant Date or such other determination date (or if there is no such reported closing price, the Fair Market Value shall be the mean between the highest bid and lowest asked prices or between the high and low sale prices on such
trading day) or, if no sale of Stock is reported for such trading day, on the next preceding day on which any sale shall have been reported. If the Stock is not listed on such an exchange, quoted on such system or traded on such a market, Fair
Market Value shall be the value of the Stock as determined by the Board in good faith. 
 
2.20 “Family Member” means a person who is a spouse, former spouse, child, stepchild, grandchild, parent, stepparent, grandparent, niece, nephew, mother-in-law, father-in-law,
son-in-law, daughter-in-law, brother, sister, brother-in-law, or sister-in-law, including adoptive relationships, of the Grantee, any person sharing the Grantee’s household (other than a tenant or employee), a trust in which any one or more of
these persons have more than fifty percent of the beneficial interest, a foundation in which any one or more of these persons (or the Grantee) control the management of assets, and any other entity in which one or more of these persons (or the
Grantee) own more than fifty percent of the voting interests. 

 
2.21
“Grant Date” means, as determined by the Board or authorized Committee, the latest to occur of (i) the date as of which the Board approves an Award, (ii) the date on which the recipient of an Award first becomes eligible to receive
an Award under Section 6 hereof, or (iii) such other date as may be specified by the Board. 
 
2.22 “Grantee” means a person who receives or holds an Award under the Plan. 
 
2.23 “Incentive Stock Option” means an
“incentive stock option” within the meaning of Section 422 of the Code, or the corresponding provision of any subsequently enacted tax statute, as amended from time to time. 
 
2.24 “Non-qualified Stock Option” means an Option that is not an Incentive Stock Option.

 
2.25 “Option” means an option
to purchase one or more shares of Stock pursuant to the Plan. 
 
2.26 “Option Price” means the exercise price for each share of Stock subject to an Option. 
 
2.27 “Other Agreement” shall have the meaning set forth in Section 16 hereof. 
 
2.28 “Outside Director” means a member of the
Board who is not an officer or employee of the Company. 
 
2.29 “Performance Award” means an Award made subject to the attainment of performance goals (as described in Section 15) over a performance period of up to ten (10) years. 
 
2.30 “Plan” means this Savvis Communications
Corporation 2003 Incentive Compensation Plan. 
 
2.31 “Purchase Price” means the purchase price, if any, for each share of Stock pursuant to a grant of Restricted Stock. 
 
2.32 “Reporting Person” means a person who is required to file reports under Section 16(a) of the Exchange Act.

 
2.33 “Restricted Stock” means
shares of Stock, awarded to a Grantee pursuant to Section 11 hereof. 
 
2.34 “SAR Exercise Price” means the per share exercise price of an SAR granted to a Grantee under Section 10 hereof. 
 
2.35 “Securities Act” means the Securities
Act of 1933, as now in effect or as hereafter amended. 
 
2.36 “Service” means service as an employee, officer, director or other Service Provider of the Company or an Affiliate. Unless otherwise stated in the applicable Award Agreement, a Grantee’s change in position
or duties shall not result in interrupted or terminated Service, so long as such Grantee continues to be an employee, officer, director or other Service Provider of the Company or an Affiliate. Subject to the preceding sentence, whether a
termination of Service shall have occurred for purposes of the Plan shall be determined by the Board, which determination shall be final, binding and conclusive. 
 
2.37 “Service Provider” means an employee, officer or director of the Company or an
Affiliate, or a consultant or adviser currently providing services to the Company or an Affiliate. 
 
2.38 “Stock” means the common stock, par value $.01 per share, of the Company. 
 
2.39 “Stock Appreciation Right” or
“SAR” means a right granted to a Grantee under Section 10 hereof. 
 
2.40 “Stock Unit” means a bookkeeping entry representing the equivalent of shares of Stock, awarded to a Grantee pursuant to Section 11 hereof. 
 
2.41 “Subsidiary” means any “subsidiary
corporation” of the Company within the meaning of Section 424(f) of the Code. 

 
2.42
“Ten Percent Stockholder” means an individual who owns more than ten percent (10%) of the total combined voting power of all classes of outstanding stock of the Company, its parent or any of its Subsidiaries. In determining stock
ownership, the attribution rules of Section 424(d) of the Code shall be applied. 
 
2.43 “Unrestricted Stock” means an Award pursuant to Section 12 hereof. 
 

	3.	 	ADMINISTRATION OF THE PLAN 

 

	 	3.1.	 	Board 

 
The Board shall have such powers and authorities related to the administration of the Plan as are consistent with the Company’s
certificate of incorporation and by-laws and applicable law. The Board shall have full power and authority to take all actions and to make all determinations required or provided for under the Plan, any Award or any Award Agreement, and shall have
full power and authority to take all such other actions and make all such other determinations not inconsistent with the specific terms and provisions of the Plan that the Board deems to be necessary or appropriate to the administration of the Plan,
any Award or any Award Agreement. All such actions and determinations shall be by the affirmative vote of a majority of the members of the Board present at a meeting or by unanimous consent of the Board executed in writing in accordance with the
Company’s certificate of incorporation and by-laws and applicable law. The interpretation and construction by the Board of any provision of the Plan, any Award or any Award Agreement shall be final and conclusive. 
 

	 	3.2.	 	Committee. 

 
The Board from time to time may delegate to the Committee such powers and authorities related to the administration and implementation of
the Plan, as set forth in Section 3.1 above and other applicable provisions, as the Board shall determine, consistent with the certificate of incorporation and by-laws of the Company and applicable law. 
 
(i) Except as provided in Subsection (ii) and
except as the Board may otherwise determine, the Committee, if any, appointed by the Board to administer the Plan shall be the Compensation Committee of the Board. 
 
(ii) The Board may also appoint one or more separate committees of the Board, each composed
of one or more directors of the Company who need not be Outside Directors, who may administer the Plan with respect to employees or other Service Providers who are not officers or directors of the Company, may grant Awards under the Plan to such
employees or other Service Providers, and may determine all terms of such Awards. 
 
In the event that the Plan, any Award or any Award Agreement entered into hereunder provides for any action to be taken by or determination to be made by the Board, such action may be taken or such determination may be made
by the Committee if the power and authority to do so has been delegated to the Committee by the Board as provided for in this Section. Unless otherwise expressly determined by the Board, any such action or determination by the Committee shall be
final, binding and conclusive. To the extent permitted by law, the Committee may delegate its authority under the Plan to a member of the Board. 
 

	 	3.3.	 	Terms of Awards. 

 
Subject to the other terms and conditions of the Plan, the Board shall have full and final authority to: 
 
(i) designate Grantees, 
 
(ii) determine the type or types of Awards to be made to a
Grantee, 
 
(iii) determine the number of shares of
Stock to be subject to an Award, 
 
(iv) establish
the terms and conditions of each Award (including, but not limited to, the exercise price of any Option, the nature and duration of any restriction or condition (or provision for lapse thereof) relating to the vesting, exercise, transfer, or
forfeiture of an Award or the shares of Stock subject thereto, and any terms or conditions that may be necessary to qualify Options as Incentive Stock Options), 

 
(v) prescribe
the form of each Award Agreement evidencing an Award, and 
 
(vi) amend, modify, or supplement the terms of any outstanding Award. Such authority specifically includes the authority, in order to effectuate the purposes of the Plan but without amending the Plan, to modify Awards to eligible
individuals who are foreign nationals or are individuals who are employed outside the United States to recognize differences in local law, tax policy, or custom. 
 
As a condition to any subsequent Award, the Board shall have the right, at its discretion, to require
Grantees to return to the Company Awards previously made under the Plan. Subject to the terms and conditions of the Plan, any such new Award shall be upon such terms and conditions as are specified by the Board at the time the new Award is made. The
Board shall have the right, in its discretion, to make Awards in substitution or exchange for any other award under another plan of the Company, any Affiliate, or any business entity to be acquired by the Company or an Affiliate. The Company may
retain the right in an Award Agreement to cause a forfeiture of the gain realized by a Grantee on account of actions taken by the Grantee in violation or breach of or in conflict with any non-competition agreement, any agreement prohibiting
solicitation of employees or clients of the Company or any Affiliate thereof or any confidentiality obligation with respect to the Company or any Affiliate thereof or otherwise in competition with the Company or any Affiliate thereof, to the extent
specified in such Award Agreement applicable to the Grantee. Furthermore, except to the extent otherwise provided in an agreement or contract with a Grantee, the Company may annul an Award if the Grantee is an employee of the Company or an Affiliate
thereof and is terminated for Cause as defined in the applicable Award Agreement or the Plan, as applicable. The grant of any Award may be contingent upon the Grantee executing the appropriate Award Agreement. 
 

	 	3.4.	 	Deferral Arrangement. 

 
The Board may permit the deferral of any award payment into a deferred compensation arrangement, subject to such rules and procedures as
it may establish, which may include provisions for the payment or crediting of interest or dividend equivalents, including converting such credits into deferred Stock equivalents and restricting deferrals to comply with hardship distribution rules
affecting 401(k) plans. 
 

	 	3.5.	 	No Liability. 

 
No member of the Board or of the Committee shall be liable for any action or determination made in good faith with respect to the Plan or
any Award or Award Agreement. 
 

	4.	 	STOCK SUBJECT TO THE PLAN 

 
Subject to adjustment as provided in Section 18 hereof, the number of shares of Stock available for issuance under the Plan shall
be the sum of 20,000,000. Notwithstanding the preceding sentence, the aggregate number of shares of Stock which cumulatively may be available for issuance pursuant to Awards other than Awards of Options shall not exceed 10,000,000 shares. Stock
issued or to be issued under the Plan shall be authorized but unissued shares or treasury shares. If any shares covered by an Award are not purchased or are forfeited, or if an Award otherwise terminates without delivery of any Stock subject
thereto, then the number of shares of Stock counted against the aggregate number of shares available under the Plan with respect to such Award shall, to the extent of any such forfeiture or termination, again be available for making Awards under the
Plan. If the Option Price of any Option granted under the Plan, or if pursuant to Section 19.3 the withholding obligation of any Grantee with respect to an Option, is satisfied by tendering shares of Stock to the Company (by either actual
delivery or by attestation) or by withholding shares of Stock, only the number of shares of Stock issued net of the shares of Stock tendered or withheld shall be deemed delivered for purposes of determining the maximum number of shares of Stock
available for delivery under the Plan. 
 

	5.	 	EFFECTIVE DATE, DURATION AND AMENDMENTS 

 

	 	5.1.	 	Effective Date. 

 
The Plan shall be effective as of the Effective Date. If the stockholders fail to approve the Plan within one year after the adoption of
the Plan by the Board, the Plan shall be null and void and of no effect. 

 

	 	5.2.	 	Term. 

 
The Plan shall terminate automatically ten (10) years after the Effective Date and may be terminated on any earlier date as provided in
Section 5.3. 
 

	 	5.3.	 	Amendment and Termination of the Plan 

 
The Board may, at any time and from time to time, amend, suspend, or terminate the Plan as to any shares of Stock as to which Awards have
not been made. An amendment shall be contingent on approval of the Company’s stockholders only to the extent stated by the Board or required by applicable law. No Awards shall be made after termination of the Plan. No amendment, suspension, or
termination of the Plan shall, without the consent of the Grantee, impair rights or obligations under any Award theretofore awarded under the Plan. 
 

	6.	 	AWARD ELIGIBILITY AND LIMITATIONS 

 

	 	6.1.	 	Company or Subsidiary Employees; Service Providers; Other Persons 

 
Subject to this Section 6, Awards may be made under the Plan to: (i) any Service Provider to the
Company or of any Affiliate, including any such Service Provider who is an officer or director of the Company, or of any Affiliate, as the Board shall determine and designate from time to time, (ii) any Outside Director, and (iii) any other
individual whose participation in the Plan is determined to be in the best interests of the Company by the Board. 
 

	 	6.2.	 	Successive Awards. 

 
An eligible person may receive more than one Award, subject to such restrictions as are provided herein. 
 

	 	6.3.	 	Limitation on Shares of Stock Subject to Awards and Cash Awards. 

 
During any time when the Company has a class of equity security registered under Section 12 of the Exchange
Act: 
 
(i) the maximum number of shares of Stock
subject to Options that can be awarded under the Plan to any person eligible for an Award under Section 6 hereof is 10,000,000 per year; 
 
(ii) the maximum number of shares that can be awarded under the Plan, other than pursuant to an Option to any person eligible for an Award
under Section 6 hereof is 10,000,000 per year; and 
 
(iii) the maximum amount that may be earned as an Annual Incentive Award or other cash Award in any fiscal year by any one Grantee shall be $2,000,000 and the maximum amount that may be earned as a Performance Award or other cash
Award in respect of a performance period by any one Grantee shall be $5,000,000. 
 

	 	6.4.	 	Limitations on Incentive Stock Options. 

 
An Option shall constitute an Incentive Stock Option only (i) if the Grantee of such Option is an employee of the Company or any
Subsidiary of the Company; (ii) to the extent specifically provided in the related Award Agreement; and (iii) to the extent that the aggregate Fair Market Value (determined at the time the Option is granted) of the shares of Stock with respect to
which all Incentive Stock Options held by such Grantee become exercisable for the first time during any calendar year (under the Plan and all other plans of the Grantee’s employer and its Affiliates) does not exceed $100,000. This limitation
shall be applied by taking Options into account in the order in which they were granted. 
 

	 	6.5.	 	Stand-Alone, Additional, Tandem, and Substitute Awards 

 
Awards granted under the Plan may, in the discretion of the Board, be granted either alone or in addition to, in tandem with, or in
substitution or exchange for, any other Award or any award granted under another plan of the Company, any Affiliate, or any business entity to be acquired by the Company or an Affiliate, or any other right of a Grantee to receive payment from the
Company or any Affiliate. Such additional, tandem, and substitute or exchange Awards may be granted at any time. If an Award is granted in substitution or exchange for another Award, the Board shall require the surrender of such other Award in
consideration for the grant of the new Award. In addition, Awards may be granted in lieu of cash compensation, including in lieu of cash amounts payable under 

other plans of the Company or any Affiliate, in which the value of Stock subject to the Award is
equivalent in value to the cash compensation (for example, Stock Units or Restricted Stock), or in which the Option Price, grant price or purchase price of the Award in the nature of a right that may be exercised is equal to the Fair Market Value of
the underlying Stock minus the value of the cash compensation surrendered (for example, Options granted with an Option Price “discounted” by the amount of the cash compensation surrendered). 
 

	7.	 	AWARD AGREEMENT 

 
Each Award granted pursuant to the Plan shall be evidenced by an Award Agreement, in such form or forms as the Board shall from time to
time determine. Award Agreements granted from time to time or at the same time need not contain similar provisions but shall be consistent with the terms of the Plan. Each Award Agreement evidencing an Award of Options shall specify whether such
Options are intended to be Non-qualified Stock Options or Incentive Stock Options, and in the absence of such specification such options shall be deemed Non-qualified Stock Options. 
 

	8.	 	TERMS AND CONDITIONS OF OPTIONS 

 

	 	8.1.	 	Option Price 

 
The Option Price of each Option shall be fixed by the Board and stated in the Award Agreement evidencing such Option. In the case of an
Incentive Stock Option, the Option Price of each Option shall be at least the Fair Market Value on the Grant Date of a share of Stock; provided, however, that in the event that a Grantee is a Ten Percent Stockholder, the Option Price
of an Option granted to such Grantee that is intended to be an Incentive Stock Option shall be not less than 110 percent of the Fair Market Value of a share of Stock on the Grant Date. In no case shall the Option Price of any Option be less than the
par value of a share of Stock. 
 

	 	8.2.	 	Vesting. 

 
Subject to Sections 8.3 and 18.3 hereof, each Option granted under the Plan shall become exercisable at such times and under such
conditions as shall be determined by the Board and stated in the Award Agreement. For purposes of this Section 8.2, fractional numbers of shares of Stock subject to an Option shall be rounded down to the next nearest whole number. The Board
may provide, for example, in the Award Agreement for (i) accelerated exercisability of the Option in the event the Grantee’s Service terminates on account of death, Disability or another event, (ii) expiration of the Option prior to its term in
the event of the termination of the Grantee’s Service, (iii) immediate forfeiture of the Option in the event the Grantee’s Service is terminated for Cause or (iv) unvested Options to be exercised subject to the Company’s right of
repurchase with respect to unvested shares of Stock. No Option shall be exercisable in whole or in part prior to the date the Plan is approved by the Stockholders of the Company as provided in Section 5.1 hereof.  
 

	 	8.3.	 	Term. 

 
Each Option granted under the Plan shall terminate, and all rights to purchase shares of Stock thereunder shall cease, upon the expiration
of ten years from the date such Option is granted, or under such circumstances and on such date prior thereto as is set forth in the Plan or as may be fixed by the Board and stated in the Award Agreement relating to such Option (the
“Termination Date”); provided, however, that in the event that the Grantee is a Ten Percent Stockholder, an Option granted to such Grantee that is intended to be an Incentive Stock Option shall not be exercisable after the
expiration of five years from its Grant Date. 
 

	 	8.4.	 	Termination of Service. 

 
Each Award Agreement shall set forth the extent to which the Grantee shall have the right to exercise the Option following termination of
the Grantee’s Service. Such provisions shall be determined in the sole discretion of the Board, need not be uniform among all Options issued pursuant to the Plan, and may reflect distinctions based on the reasons for termination of Service.

 

	 	8.5.	 	Limitations on Exercise of Option. 

 
Notwithstanding any other provision of the Plan, in no event may any Option be exercised, in whole or in part, prior to the date the Plan
is approved by the stockholders of the Company as provided herein, or after ten years following the Grant Date, or after the occurrence of an event referred to in Section 18 hereof which results in termination of the Option. 

 

	 	8.6.	 	Method of Exercise. 

 
An Option that is exercisable may be exercised by the Grantee’s delivery to the Company of written notice of exercise on any business
day, at the Company’s principal office, on the form specified by the Company. Such notice shall specify the number of shares of Stock with respect to which the Option is being exercised and shall be accompanied by payment in full of the Option
Price of the shares for which the Option is being exercised. The minimum number of shares of Stock with respect to which an Option may be exercised, in whole or in part, at any time shall be the lesser of (i) 100 shares or such lesser number set
forth in the applicable Award Agreement and (ii) the maximum number of shares available for purchase under the Option at the time of exercise. 
 

	 	8.7.	 	Rights of Holders of Options 

 
Unless otherwise stated in the applicable Award Agreement, an individual holding or exercising an Option shall have none of the rights of
a stockholder (for example, the right to receive cash or dividend payments or distributions attributable to the subject shares of Stock or to direct the voting of the subject shares of Stock) until the shares of Stock covered thereby are fully paid
and issued to him. Except as provided in Section 18 hereof, no adjustment shall be made for dividends, distributions or other rights for which the record date is prior to the date of such issuance. 
 

	 	8.8.	 	Delivery of Stock Certificates. 

 
Promptly after the exercise of an Option by a Grantee and the payment in full of the Option Price, such Grantee shall be entitled to the
issuance of a stock certificate or certificates evidencing his or her ownership of the shares of Stock subject to the Option. Notwithstanding any other provision of this Plan to the contrary, the Company may elect to satisfy any requirement under
this Plan for the delivery of stock certificates through the use of the book entry method. 
 

	9.	 	TRANSFERABILITY OF OPTIONS 

 

	 	9.1.	 	Transferability of Options 

 
Except as provided in Section 9.2, during the lifetime of a Grantee, only the Grantee (or, in the event of legal incapacity or
incompetency, the Grantee’s guardian or legal representative) may exercise an Option. Except as provided in Section 9.2, no Option shall be assignable or transferable by the Grantee to whom it is granted, other than by will or the laws
of descent and distribution. 
 

	 	9.2.	 	Family Transfers. 

 
Unless otherwise provided in the applicable Award Agreement, a Grantee may transfer, not for value, all or part of an Option which is not
an Incentive Stock Option to any Family Member. For the purpose of this Section 9.2, a “not for value” transfer is a transfer which is (i) a gift, (ii) a transfer under a domestic relations order in settlement of marital property
rights; or (iii) a transfer to an entity in which more than fifty percent of the voting interests are owned by Family Members (or the Grantee) in exchange for an interest in that entity. Following a transfer under this Section 9.2, any such
Option shall continue to be subject to the same terms and conditions as were applicable immediately prior to transfer. Subsequent transfers of transferred Options are prohibited except to Family Members of the original Grantee in accordance with
this Section 9.2 or by will or the laws of descent and distribution. The events of termination of Service of Section 8.4 hereof shall continue to be applied with respect to the original Grantee, following which the Option shall
be exercisable by the transferee only to the extent, and for the periods specified, in Section 8.4. 
 

	10.	 	STOCK APPRECIATION RIGHTS 

 
The Board is authorized to grant Stock Appreciation Rights (“SARs”) to Grantees on the following terms and conditions:

 

	 	10.1	 	Right to Payment. 

 
A SAR shall confer on the Grantee to whom it is granted a right to receive, upon exercise thereof, the excess of (A) the Fair Market Value
of one share of Stock on the date of exercise over (B) the grant price of the SAR as determined by the Board. The Award Agreement for an SAR shall specify the grant price of the SAR, 

 
which may be fixed at the Fair
Market Value of a share of Stock on the date of grant or may vary in accordance with a predetermined formula while the SAR is outstanding. 
 

	 	10.2  Other	 	Terms. 

 
The Board shall determine at the date of grant or thereafter, the time or times at which and the circumstances under which a SAR may be
exercised in whole or in part (including based on achievement of performance goals and/or future service requirements), the time or times at which SARs shall cease to be or become exercisable following termination of Service or upon other
conditions, the method of exercise, method of settlement, form of consideration payable in settlement, method by or forms in which Stock will be delivered or deemed to be delivered to Grantees, whether or not a SAR shall be in tandem or in
combination with any other Award, and any other terms and conditions of any SAR. 
 

	11.	 	RESTRICTED STOCK AND STOCK UNITS 

 

	 	11.1.	 	Grant of Restricted Stock or Stock Units. 

 
The Board may from time to time grant Restricted Stock or Stock Units to persons eligible to receive Awards under Section 6 hereof,
subject to such restrictions, conditions and other terms, if any, as the Board may determine. Awards of Restricted Stock may be made for no consideration (other than par value of the shares which is deemed paid by Services already rendered).

 

	 	11.2.	 	Restrictions. 

 
At the time a grant of Restricted Stock or Stock Units is made, the Board may, in its sole discretion, establish a period of time (a
“restricted period”) applicable to such Restricted Stock or Stock Units. Each Award of Restricted Stock or Stock Units may be subject to a different restricted period. The Board may, in its sole discretion, at the time a grant of
Restricted Stock or Stock Units is made, prescribe restrictions in addition to or other than the expiration of the restricted period, including the satisfaction of corporate or individual performance objectives, which may be applicable to all or any
portion of the Restricted Stock or Stock Units in accordance with Section 15.1 and 15.2. Neither Restricted Stock nor Stock Units may be sold, transferred, assigned, pledged or otherwise encumbered or disposed of during the restricted
period or prior to the satisfaction of any other restrictions prescribed by the Board with respect to such Restricted Stock or Stock Units. 
 

	 	11.3.	 	Restricted Stock Certificates. 

 
The Company shall issue, in the name of each Grantee to whom Restricted Stock has been granted, stock certificates representing the total
number of shares of Restricted Stock granted to the Grantee, as soon as reasonably practicable after the Grant Date or issue such Restricted Stock by the book entry method. The Board may provide in an Award Agreement that either (i) the Secretary of
the Company shall hold such certificates for the Grantee’s benefit until such time as the Restricted Stock is forfeited to the Company or the restrictions lapse, or (ii) such certificates shall be delivered to the Grantee, provided,
however, that such certificates shall bear a legend or legends that comply with the applicable securities laws and regulations and makes appropriate reference to the restrictions imposed under the Plan and the Award Agreement. 
 

	 	11.4.	 	Rights of Holders of Restricted Stock. 

 
Unless the Board otherwise provides in an Award Agreement, holders of Restricted Stock shall have the right to vote such Stock and the
right to receive any dividends declared or paid with respect to such Stock. The Board may provide that any dividends paid on Restricted Stock must be reinvested in shares of Stock, which may or may not be subject to the same vesting conditions and
restrictions applicable to such Restricted Stock. All non-cash distributions, if any, received by a Grantee with respect to Restricted Stock as a result of any stock split, stock dividend, combination of shares, or other similar transaction shall be
subject to the restrictions applicable to the original Grant. 
 

	 	11.5.	 	Rights of Holders of Stock Units. 

 

	 	11.5.1.	 	Voting and Dividend Rights. 

 
Unless the Board otherwise provides in an Award Agreement, holders of Stock Units shall have no rights as stockholders of the Company. The
Board may provide in an Award Agreement evidencing a grant of Stock Units that 

the holder of such Stock Units shall be entitled to receive, upon the Company’s payment of a cash
dividend on its outstanding Stock, a cash payment for each Stock Unit held equal to the per-share dividend paid on the Stock. Such Award Agreement may also provide that such cash payment will be deemed reinvested in additional Stock Units at a price
per unit equal to the Fair Market Value of a share of Stock on the date that such dividend is paid. 
 

	 	11.5.2.	 	Creditor’s Rights. 

 
A holder of Stock Units shall have no rights other than those of a general creditor of the Company. Stock Units represent an unfunded and
unsecured obligation of the Company, subject to the terms and conditions of the applicable Award Agreement. 
 

	 	11.6.	 	Termination of Service. 

 
Unless the Board otherwise provides in an Award Agreement or in writing after the Award Agreement is issued, upon the termination of a
Grantee’s Service, any Restricted Stock or Stock Units held by such Grantee that have not vested, or with respect to which all applicable restrictions and conditions have not lapsed, shall immediately be deemed forfeited. Upon forfeiture of
Restricted Stock or Stock Units, the Grantee shall have no further rights with respect to such Award, including but not limited to any right to vote Restricted Stock or any right to receive dividends with respect to shares of Restricted Stock or
Stock Units. 
 

	 	11.7.	 	Purchase of Restricted Stock. 

 
The Grantee shall be required, to the extent required by applicable law, to purchase the Restricted Stock from the Company at a Purchase
Price equal to the greater of (i) the aggregate par value of the shares of Stock represented by such Restricted Stock or (ii) the Purchase Price, if any, specified in the Award Agreement relating to such Restricted Stock. The Purchase Price shall be
payable in a form described in Section 13 or, in the discretion of the Board, in consideration for past Services rendered to the Company or an Affiliate. 
 

	 	11.8.	 	Delivery of Stock. 

 
Upon the expiration or termination of any restricted period and the satisfaction of any other conditions prescribed by the Board, the
restrictions applicable to shares of Restricted Stock or Stock Units settled in Stock shall lapse, and, unless otherwise provided in the Award Agreement, a stock certificate for such shares shall be delivered, free of all such restrictions, to the
Grantee or the Grantee’s beneficiary or estate, as the case may be. If the restricted period has not expired or terminated as to all of the shares of Restricted Stock covered by a certificate for the Restricted Stock that has previously been
delivered to the Grantee, as provided in Section 11.3, a new certificate for the remaining shares of Restricted Stock shall be delivered to the Grantee which certificate shall bear a legend or legends that comply with the applicable securities laws
and regulations and makes appropriate reference to the restriction imposed under the Plan and the Award Agreement. 
 

	12.	 	UNRESTRICTED STOCK AWARDS 

 
The Board may, in its sole discretion, grant (or sell at par value or such other higher purchase price determined by the Board) an
Unrestricted Stock Award to any Grantee pursuant to which such Grantee may receive shares of Stock free of any restrictions (“Unrestricted Stock”) under the Plan. Unrestricted Stock Awards may be granted or sold as described in the
preceding sentence in respect of past services and other valid consideration, or in lieu of, or in addition to, any cash compensation due to such Grantee. 
 

	13.	 	FORM OF PAYMENT FOR OPTIONS AND RESTRICTED STOCK 

 

	 	13.1.	 	General Rule. 

 
Payment of the Option Price for the shares purchased pursuant to the exercise of an Option or the Purchase Price for Restricted Stock
shall be made in cash or in cash equivalents acceptable to the Company. 
 

	 	13.2.	 	Surrender of Stock. 

 
To the extent the Award Agreement so provides, payment of the Option Price for shares purchased pursuant to the exercise of an Option or
the Purchase Price for Restricted Stock may be made all or in part through the tender to the Company of shares of Stock (by either actual delivery or by attestation), which shares, if acquired 

from the Company, shall have been held for at least six months at the time of tender and which shall be
valued, for purposes of determining the extent to which the Option Price or Purchase Price has been paid thereby, at their Fair Market Value on the date of exercise. 
 

	 	13.3.	 	Cashless Exercise. 

 
With respect to an Option only (and not with respect to Restricted Stock), to the extent the Award Agreement so provides, payment of the
Option Price for shares purchased pursuant to the exercise of an Option may be made all or in part by delivery (on a form acceptable to the Board) of an irrevocable direction to a licensed securities broker acceptable to the Company to sell shares
of Stock and to deliver all or part of the sales proceeds to the Company in payment of the Option Price and any withholding taxes described in Section 19.3. Executive Officers and Directors will not be permitted to use the cashless method of
exercise described in this paragraph without the express prior consent of the Company. 
 

	 	13.4.	 	Other Forms of Payment. 

 
To the extent the Award Agreement so provides or as otherwise agreed by the Board, payment of the Option Price for shares purchased
pursuant to exercise of an Option or the Purchase Price for Restricted Stock may be made in any other form that is consistent with applicable laws, regulations and rules. 
 

	14.	 	DIVIDEND EQUIVALENT RIGHTS 

 

	 	14.1.	 	Dividend Equivalent Rights. 

 
A Dividend Equivalent Right is an Award entitling the recipient to receive credits based on cash distributions that would have been paid
on the shares of Stock specified in the Dividend Equivalent Right (or other award to which it relates) if such shares had been issued to and held by the recipient. A Dividend Equivalent Right may be granted hereunder to any Grantee as a component of
another Award or as a freestanding award. The terms and conditions of Dividend Equivalent Rights shall be specified in the grant. Dividend Equivalents credited to the holder of a Dividend Equivalent Right may be paid currently or may be deemed to be
reinvested in additional shares of Stock, which may thereafter accrue additional equivalents. Any such reinvestment shall be at Fair Market Value on the date of reinvestment. Dividend Equivalent Rights may be settled in cash or Stock or a
combination thereof, in a single installment or installments, all determined in the sole discretion of the Board. A Dividend Equivalent Right granted as a component of another Award may provide that such Dividend Equivalent Right shall be settled
upon exercise, settlement, or payment of, or lapse of restrictions on, such other award, and that such Dividend Equivalent Right shall expire or be forfeited or annulled under the same conditions as such other award. A Dividend Equivalent Right
granted as a component of another Award may also contain terms and conditions different from such other award. 
 

	 	14.2.	 	Termination of Service. 

 
Except as may otherwise be provided by the Board either in the Award Agreement or in writing after the Award Agreement is issued, a
Grantee’s rights in all Dividend Equivalent Rights or interest equivalents shall automatically terminate upon the Grantee’s termination of Service for any reason. 
 

	15.	 	PERFORMANCE AND ANNUAL INCENTIVE AWARDS 

 

	 	15.1.	 	Performance Conditions 

 
The right of a Grantee to exercise or receive a grant or settlement of any Award, and the timing thereof, may be subject to such
performance conditions as may be specified by the Board. The Board may use such business criteria and other measures of performance as it may deem appropriate in establishing any performance conditions, and may exercise its discretion to reduce the
amounts payable under any Award subject to performance conditions, except as limited under Sections 15.2 hereof in the case of a Performance Award or Annual Incentive Award intended to qualify under Code Section 162(m). If and to the extent
required under Code Section 162(m), any power or authority relating to a Performance Award or Annual Incentive Award intended to qualify under Code Section 162(m), shall be exercised by the Committee and not the Board. 

	 	15.2.	 	Performance or Annual Incentive Awards Granted to Designated Covered Employees 

 
If and to the extent that the Committee determines that a Performance or Annual Incentive Award to be granted
to a Grantee who is designated by the Committee as likely to be a Covered Employee should qualify as “performance-based compensation” for purposes of Code Section 162(m), the grant, exercise and/or settlement of such Performance or Annual
Incentive Award shall be contingent upon achievement of pre-established performance goals and other terms set forth in this Section 15.2. 
 

	 	15.2.1.	 	Performance Goals Generally. 

 
The performance goals for such Performance or Annual Incentive Awards shall consist of one or more business criteria and a targeted level
or levels of performance with respect to each of such criteria, as specified by the Committee consistent with this Section 15.2. Performance goals shall be objective and shall otherwise meet the requirements of Code Section 162(m) and
regulations thereunder including the requirement that the level or levels of performance targeted by the Committee result in the achievement of performance goals being “substantially uncertain.” The Committee may determine that such
Performance or Annual Incentive Awards shall be granted, exercised and/or settled upon achievement of any one performance goal or that two or more of the performance goals must be achieved as a condition to grant, exercise and/or settlement of such
Performance or Annual Incentive Awards. Performance goals may differ for Performance or Annual Incentive Awards granted to any one Grantee or to different Grantees. 
 

	 	15.2.2.	 	Business Criteria. 

 
One or more of the following business criteria for the Company, on a consolidated basis, and/or specified subsidiaries or business units
of the Company (except with respect to the total stockholder return and earnings per share criteria), shall be used exclusively by the Committee in establishing performance goals for such Performance or Annual Incentive Awards: (1) total stockholder
return; (2) such total stockholder return as compared to total return (on a comparable basis) of a publicly available index such as, but not limited to, the Standard & Poor’s 500 Stock Index; (3) net income; (4) pretax earnings; (5)
earnings before interest expense, taxes, depreciation and amortization; (6) pretax operating earnings after interest expense and before bonuses, service fees, and extraordinary or special items; (7) operating margin; (8) earnings per share; (9)
return on equity; (10) return on capital; (11) return on investment; (12) operating earnings; (13) working capital; (14) ratio of debt to stockholders’ equity and (15) revenue.  
 

	 	15.2.3.	 	Timing For Establishing Performance Goals. 

 
Performance goals shall be established not later than 90 days after the beginning of any performance period applicable to such Performance
or Annual Incentive Awards, or at such other date as may be required or permitted for “performance-based compensation” under Code Section 162(m). 
 

	 	15.2.4.	 	Performance or Annual Incentive Award Pool. 

 
The Committee may establish a Performance or Annual Incentive Award pool, which shall be an unfunded pool, for purposes of measuring
Company performance in connection with Performance or Annual Incentive Awards. 
 

	 	15.2.5.	 	Settlement of Performance or Annual Incentive Awards; Other Terms. 

 
Settlement of such Performance or Annual Incentive Awards shall be in cash, Stock, other Awards or other
property, in the discretion of the Committee. The Committee may, in its discretion, reduce the amount of a settlement otherwise to be made in connection with such Performance or Annual Incentive Awards. The Committee shall specify the circumstances
in which such Performance or Annual Incentive Awards shall be paid or forfeited in the event of termination of Service by the Grantee prior to the end of a performance period or settlement of Performance Awards. 
 

	 	15.3.	 	Written Determinations. 

 
All determinations by the Committee as to the establishment of performance goals, the amount of any Performance Award pool or potential
individual Performance Awards and as to the achievement of performance goals relating to Performance Awards, and the amount of any Annual Incentive Award pool or potential individual 

 
Annual Incentive Awards and
the amount of final Annual Incentive Awards, shall be made in writing in the case of any Award intended to qualify under Code Section 162(m). To the extent required to comply with Code Section 162(m), the Committee may delegate any responsibility
relating to such Performance Awards or Annual Incentive Awards. 
 

	 	15.4.	 	Status of Section 14.2 Awards Under Code Section 162(m) 

 
It is the intent of the Company that Performance Awards and Annual Incentive Awards under Section 15.2
hereof granted to persons who are designated by the Committee as likely to be Covered Employees within the meaning of Code Section 162(m) and regulations thereunder shall, if so designated by the Committee, constitute “qualified
performance-based compensation” within the meaning of Code Section 162(m) and regulations thereunder. Accordingly, the terms of Section 15.2, including the definitions of Covered Employee and other terms used therein, shall be
interpreted in a manner consistent with Code Section 162(m) and regulations thereunder. The foregoing notwithstanding, because the Committee cannot determine with certainty whether a given Grantee will be a Covered Employee with respect to a fiscal
year that has not yet been completed, the term Covered Employee as used herein shall mean only a person designated by the Committee, at the time of grant of Performance Awards or an Annual Incentive Award, as likely to be a Covered Employee with
respect to that fiscal year. If any provision of the Plan or any agreement relating to such Performance Awards or Annual Incentive Awards does not comply or is inconsistent with the requirements of Code Section 162(m) or regulations thereunder, such
provision shall be construed or deemed amended to the extent necessary to conform to such requirements. 
 

	16.	 	PARACHUTE LIMITATIONS 

 
Notwithstanding any other provision of this Plan or of any other agreement, contract, or understanding heretofore or hereafter entered
into by a Grantee with the Company or any Affiliate, except an agreement, contract, or understanding that expressly modifies or excludes application of this paragraph (an “Other Agreement”), and notwithstanding any formal or informal plan
or other arrangement for the direct or indirect provision of compensation to the Grantee (including groups or classes of Grantees or beneficiaries of which the Grantee is a member), whether or not such compensation is deferred, is in cash, or is in
the form of a benefit to or for the Grantee (a “Benefit Arrangement”), if the Grantee is a “disqualified individual,” as defined in Section 280G(c) of the Code, any Option, Restricted Stock or Stock Unit held by that Grantee and
any right to receive any payment or other benefit under this Plan shall not become exercisable or vested (i) to the extent that such right to exercise, vesting, payment, or benefit, taking into account all other rights, payments, or benefits to or
for the Grantee under this Plan, all Other Agreements, and all Benefit Arrangements, would cause any payment or benefit to the Grantee under this Plan to be considered a “parachute payment” within the meaning of Section 280G(b)(2) of the
Code as then in effect (a “Parachute Payment”) and (ii) if, as a result of receiving a Parachute Payment, the aggregate after-tax amounts received by the Grantee from the Company under this Plan, all Other Agreements, and all Benefit
Arrangements would be less than the maximum after-tax amount that could be received by the Grantee without causing any such payment or benefit to be considered a Parachute Payment. In the event that the receipt of any such right to exercise,
vesting, payment, or benefit under this Plan, in conjunction with all other rights, payments, or benefits to or for the Grantee under any Other Agreement or any Benefit Arrangement would cause the Grantee to be considered to have received a
Parachute Payment under this Plan that would have the effect of decreasing the after-tax amount received by the Grantee as described in clause (ii) of the preceding sentence, then the Grantee shall have the right, in the Grantee’s sole
discretion, to designate those rights, payments, or benefits under this Plan, any Other Agreements, and any Benefit Arrangements that should be reduced or eliminated so as to avoid having the payment or benefit to the Grantee under this Plan be
deemed to be a Parachute Payment. 
 

	17.	 	REQUIREMENTS OF LAW 

 

	 	17.1.	 	General. 

 
The Company shall not be required to sell or issue any shares of Stock under any Award if the sale or issuance of such shares would
constitute a violation by the Grantee, any other individual exercising an Option, or the Company of any provision of any law or regulation of any governmental authority, including without limitation any federal or state securities laws or
regulations. If at any time the Company shall determine, in its discretion, that the listing, registration or qualification of any shares subject to an Award upon any securities exchange or under any governmental regulatory body is necessary or
desirable as a condition of, or in connection with, the issuance or purchase of shares hereunder, no shares of Stock may be issued or sold to the Grantee or any other individual exercising an Option pursuant to such Award unless such listing,
registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Company, and any delay caused thereby shall in no way affect the date of termination of the Award. Specifically, in
connection with the Securities Act, upon the exercise of any Option 

 
or the delivery of any shares
of Stock underlying an Award, unless a registration statement under such Act is in effect with respect to the shares of Stock covered by such Award, the Company shall not be required to sell or issue such shares unless the Board has received
evidence satisfactory to it that the Grantee or any other individual exercising an Option may acquire such shares pursuant to an exemption from registration under the Securities Act. Any determination in this connection by the Board shall be final,
binding, and conclusive. The Company may, but shall in no event be obligated to, register any securities covered hereby pursuant to the Securities Act. The Company shall not be obligated to take any affirmative action in order to cause the exercise
of an Option or the issuance of shares of Stock pursuant to the Plan to comply with any law or regulation of any governmental authority. As to any jurisdiction that expressly imposes the requirement that an Option shall not be exercisable until the
shares of Stock covered by such Option are registered or are exempt from registration, the exercise of such Option (under circumstances in which the laws of such jurisdiction apply) shall be deemed conditioned upon the effectiveness of such
registration or the availability of such an exemption. 
 

	 	17.2.	 	Rule 16b-3. 

 
During any time when the Company has a class of equity security registered under Section 12 of the Exchange Act, it is the intent of the
Company that Awards pursuant to the Plan and the exercise of Options granted hereunder will qualify for the exemption provided by Rule 16b-3 under the Exchange Act. To the extent that any provision of the Plan or action by the Board does not comply
with the requirements of Rule 16b-3, it shall be deemed inoperative to the extent permitted by law and deemed advisable by the Board, and shall not affect the validity of the Plan. In the event that Rule 16b-3 is revised or replaced, the Board may
exercise its discretion to modify this Plan in any respect necessary to satisfy the requirements of, or to take advantage of any features of, the revised exemption or its replacement. 
 

	18.	 	EFFECT OF CHANGES IN CAPITALIZATION 

 

	 	18.1.	 	Changes in Stock. 

 
If the number of outstanding shares of Stock is increased or decreased or the shares of Stock are changed into or exchanged for a
different number or kind of shares or other securities of the Company on account of any recapitalization, reclassification, stock split, reverse split, combination of shares, exchange of shares, stock dividend or other distribution payable in
capital stock, or other increase or decrease in such shares effected without receipt of consideration by the Company occurring after the Effective Date, the number and kinds of shares for which grants of Options and other Awards may be made under
the Plan shall be adjusted proportionately and accordingly by the Company. In addition, the number and kind of shares for which Awards are outstanding shall be adjusted proportionately and accordingly so that the proportionate interest of the
Grantee immediately following such event shall, to the extent practicable, be the same as immediately before such event. Any such adjustment in outstanding Options or SARs shall not change the aggregate Option Price or SAR Exercise Price payable
with respect to shares that are subject to the unexercised portion of an outstanding Option or SAR, as applicable, but shall include a corresponding proportionate adjustment in the Option Price or SAR Exercise Price per share. The conversion of any
convertible securities of the Company shall not be treated as an increase in shares effected without receipt of consideration. Notwithstanding the foregoing, in the event of any distribution to the Company’s stockholders of securities of any
other entity or other assets (other than dividends payable in cash or stock of the Company) without receipt of consideration by the Company, the Company may, in such manner as the Company deems appropriate, adjust (i) the number and kind of shares
subject to outstanding Awards and/or (ii) the exercise price of outstanding Options and Stock Appreciation Rights to reflect such distribution. 
 

	 	18.2.	 	Reorganization in Which the Company Is the Surviving Entity Which does not Constitute a Corporate Transaction. 

 
Subject to Section 18.3 hereof, if the Company shall
be the surviving entity in any reorganization, merger, or consolidation of the Company with one or more other entities which does not constitute a Corporate Transaction, any Option or SAR theretofore granted pursuant to the Plan shall pertain to and
apply to the securities to which a holder of the number of shares of Stock subject to such Option or SAR would have been entitled immediately following such reorganization, merger, or consolidation, with a corresponding proportionate adjustment of
the Option Price or SAR Exercise Price per share so that the aggregate Option Price or SAR Exercise Price thereafter shall be the same as the aggregate Option Price or SAR Exercise Price of the shares remaining subject to the Option or SAR
immediately prior to such reorganization, merger, or consolidation. Subject to any contrary language in an Award Agreement evidencing an Award, any restrictions applicable to such Award shall apply as well to any replacement shares received by the
Grantee as a result of the reorganization, merger or consolidation. 

 

	 	18.3.	 	Corporate Transaction. 

 
Subject to the exceptions set forth in the last sentence of this Section 18.3 and the last sentence of Section
18.4: 
 
(i) upon the occurrence of a Corporate
Transaction, all outstanding shares of Restricted Stock shall be deemed to have vested, and all restrictions and conditions applicable to such shares of Restricted Stock shall be deemed to have lapsed, immediately prior to the occurrence of such
Corporate Transaction, and 
 
(ii) either of the
following two actions shall be taken: 
 
(A)
fifteen days prior to the scheduled consummation of a Corporate Transaction, all Options and SARs outstanding hereunder shall become immediately exercisable and shall remain exercisable for a period of fifteen days, or 
 
(B) the Board may elect, in its sole discretion, to cancel
any outstanding Awards of Options, Restricted Stock, and/or SARs and pay or deliver, or cause to be paid or delivered, to the holder thereof an amount in cash or securities having a value (as determined by the Board acting in good faith), in the
case of Restricted Stock, equal to the formula or fixed price per share paid to holders of shares of Stock and, in the case of Options or SARs, equal to the product of the number of shares of Stock subject to the Option or SAR (the “Award
Shares”) multiplied by the amount, if any, by which (I) the formula or fixed price per share paid to holders of shares of Stock pursuant to such transaction exceeds (II) the Option Price or SAR Exercise Price applicable to such Award Shares.

 
With respect to the Company’s establishment
of an exercise window, (i) any exercise of an Option or SAR during such fifteen-day period shall be conditioned upon the consummation of the event and shall be effective only immediately before the consummation of the event, and (ii) upon
consummation of any Corporate Transaction the Plan, and all outstanding but unexercised Options and SARs shall terminate. The Board shall send written notice of an event that will result in such a termination to all individuals who hold Options and
SARs not later than the time at which the Company gives notice thereof to its stockholders. This Section 18.3 shall not apply to any Corporate Transaction to the extent that provision is made in writing in connection with such Corporate
Transaction for the assumption or continuation of the Options, SARs and Restricted Stock theretofore granted, or for the substitution for such Options, SARs and Restricted Stock for new common stock options and stock appreciation rights and new
common stock restricted stock relating to the stock of a successor entity, or a parent or subsidiary thereof, with appropriate adjustments as to the number of shares (disregarding any consideration that is not common stock) and option and stock
appreciation right exercise prices, in which event the Plan, Options, SARs and Restricted Stock theretofore granted shall continue in the manner and under the terms so provided. 
 

	 	18.4.	 	Adjustments. 

 
Adjustments under this Section 18 related to shares of Stock or securities of the Company shall be made by the Board, whose
determination in that respect shall be final, binding and conclusive. No fractional shares or other securities shall be issued pursuant to any such adjustment, and any fractions resulting from any such adjustment shall be eliminated in each case by
rounding downward to the nearest whole share. The Board shall determine the effect of a Corporate Transaction upon Awards other than Options, SARs, and Restricted Stock, and such effect shall be set forth in the appropriate Award Agreement. The
Board may provide in the Award Agreements at the time of grant, or any time thereafter with the consent of the Grantee, for different provisions to apply to an Award in place of those described in Sections 18.1, 18.2 and 18.3.

 

	 	18.5.	 	No Limitations on Company. 

 
The making of Awards pursuant to the Plan shall not affect or limit in any way the right or power of the Company to make adjustments,
reclassifications, reorganizations, or changes of its capital or business structure or to merge, consolidate, dissolve, or liquidate, or to sell or transfer all or any part of its business or assets. 
 

	19.	 	GENERAL PROVISIONS 

 

	 	19.1.	 	Disclaimer of Rights 

 
No provision in the Plan or in any Award or Award Agreement shall be construed to confer upon any individual the right to remain in the
employ or service of the Company or any Affiliate, or to interfere in any way with any contractual or other right or authority of the Company either to increase or decrease the compensation or other 

 
payments to any individual at
any time, or to terminate any employment or other relationship between any individual and the Company. In addition, notwithstanding anything contained in the Plan to the contrary, unless otherwise stated in the applicable Award Agreement, no Award
granted under the Plan shall be affected by any change of duties or position of the Grantee, so long as such Grantee continues to be a director, officer, consultant or employee of the Company or an Affiliate. The obligation of the Company to pay any
benefits pursuant to this Plan shall be interpreted as a contractual obligation to pay only those amounts described herein, in the manner and under the conditions prescribed herein. The Plan shall in no way be interpreted to require the Company to
transfer any amounts to a third party trustee or otherwise hold any amounts in trust or escrow for payment to any Grantee or beneficiary under the terms of the Plan. 
 

	 	19.2.	 	Nonexclusivity of the Plan 

 
Neither the adoption of the Plan nor the submission of the Plan to the stockholders of the Company for approval shall be construed as
creating any limitations upon the right and authority of the Board to adopt such other incentive compensation arrangements (which arrangements may be applicable either generally to a class or classes of individuals or specifically to a particular
individual or particular individuals) as the Board in its discretion determines desirable, including, without limitation, the granting of stock options otherwise than under the Plan. 
 

	 	19.3.	 	Withholding Taxes 

 
The Company or an Affiliate, as the case may be, shall have the right to deduct from payments of any kind otherwise due to a Grantee any
Federal, state, or local taxes of any kind required by law to be withheld with respect to the vesting of or other lapse of restrictions applicable to an Award or upon the issuance of any shares of Stock upon the exercise of an Option or pursuant to
an Award. At the time of such vesting, lapse, or exercise, the Grantee shall pay to the Company or the Affiliate, as the case may be, any amount that the Company or the Affiliate may reasonably determine to be necessary to satisfy such withholding
obligation. Subject to the prior approval of the Company or the Affiliate, which may be withheld by the Company or the Affiliate, as the case may be, in its sole discretion, the Grantee may elect to satisfy such obligations, in whole or in part, (i)
by causing the Company or the Affiliate to withhold shares of Stock otherwise issuable to the Grantee or (ii) by delivering to the Company or the Affiliate shares of Stock already owned by the Grantee. The shares of Stock so delivered or withheld
shall have an aggregate Fair Market Value equal to such withholding obligations. The Fair Market Value of the shares of Stock used to satisfy such withholding obligation shall be determined by the Company or the Affiliate as of the date that the
amount of tax to be withheld is to be determined. A Grantee who has made an election pursuant to this Section 19.3 may satisfy his or her withholding obligation only with shares of Stock that are not subject to any repurchase, forfeiture,
unfulfilled vesting, or other similar requirements. 
 

	 	19.4.	 	Captions 

 
The use of captions in this Plan or any Award Agreement is for the convenience of reference only and shall not affect the meaning of any
provision of the Plan or such Award Agreement. 
 

	 	19.5.	 	Other Provisions 

 
Each Award granted under the Plan may contain such other terms and conditions not inconsistent with the Plan as may be determined by the
Board, in its sole discretion. 
 

	 	19.6.	 	Number And Gender 

 
With respect to words used in this Plan, the singular form shall include the plural form, the masculine gender shall include the feminine
gender, etc., as the context requires. 
 

	 	19.7.	 	Severability 

 
If any provision of the Plan or any Award Agreement shall be determined to be illegal or unenforceable by any court of law in any
jurisdiction, the remaining provisions hereof and thereof shall be severable and enforceable in accordance with their terms, and all provisions shall remain enforceable in any other jurisdiction. 

 

	 	19.8.	 	Governing Law 

 
The validity and construction of this Plan and the instruments evidencing the Award hereunder shall be governed by the laws of the State
of Delaware, other than any conflicts or choice of law rule or principle that might otherwise refer construction or interpretation of this Plan and the instruments evidencing the Awards granted hereunder to the substantive laws of any other
jurisdiction. 
 
* * * 

 
To record
adoption of the Plan by the Board as of April 9, 2003, and approval of the Plan by the stockholders on June 25, 2003, the Company has caused its authorized officer to execute the Plan. 
 

	 SAVVIS COMMUNICATIONS CORPORATION

	
	 By:
	 	 /s/    LANE H.
BLUMENFELD      

	 Title:
	 	 Assistant Secretary

 
* *
* 
 
The foregoing the Plan was duly adopted and
approved by the Board of Directors of the Corporation on April 9, 2003, subject to approval by stockholders of the Corporation.

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