Document:

Exhibit 10.1

EXHIBIT 10.1

FORM OF

DIGITALGLOBE, INC.

2007 EMPLOYEE STOCK PLAN

Restricted Stock Award Agreement

Award No. ____

You are hereby awarded the following grant of common stock (the “Grant”) of DigitalGlobe, Inc.
(the “Company”), subject to the terms and conditions set forth in this Restricted Stock Award
Agreement (the “Award Agreement”) and in the DigitalGlobe, Inc. 2007 Employee Stock Option Plan
(the “Plan”). You should carefully review these documents, and consult with your personal
financial advisor, before accepting this award. This Award is conditioned on your execution of
this Award Agreement and returning a signed copy to the Company’s HR Department.

By executing this Award Agreement, you agree to be bound by all of the Plan’s terms and
conditions as if they had been set out verbatim below. In addition, you recognize and agree that
all determinations, interpretations, or other actions respecting the Plan and this Award Agreement
will be made by the Company’s Board of Directors or any Committee appointed by the Board to
administer the Plan, and shall (in the absence of material and manifest bad faith or fraud) be
final, conclusive and binding on all parties, including you and your successors in interest. Terms
that begin with initial capital letters have the special meanings set forth in the Plan or in this
Award Agreement (unless the context indicates otherwise).

1. Specific Terms. This Award shall have, and be interpreted according to, the following
terms, subject to the provisions of the Plan in all instances:

	 	 	 
	Your Name:
	 	 
	 
	 	 
	Type of Stock:

	 	Restricted Stock
	 
	 	 
	Number of Shares:

	 	Fair Market Value at Grant:
	 
	 	 
	Grant Date:
	 	 
	 
	 	 
	Vesting Schedule:

	 	(Establishes your right to obtain a nonforfeitable right
in the Number of Shares stated above, subject to any
shareholder approval requirement set forth in the Plan.)
	 
	 	 
	 

	 	30% of such Stock (the “First Tranche”) shall vest on
August 31, 2011, and 70% of such Stock (the “Second
Tranche”) shall vest on August 31, 2012, conditioned
upon your continued employment with the Company as of
each vesting date.

 

 

 

2. Termination of Continuous Service. If your Continuous Service with the Company
terminates for any reason, this Grant shall terminate with respect to Shares of Restricted Stock
that have not vested as of the date of such termination, such Shares shall be forfeited, and you
shall have not further rights with respect thereto. Notwithstanding the foregoing:

	 	(i)	 	If your employment is terminated by the Company without Cause, of if you resign
for Good Reason, any unvested Shares of Restricted Stock shall immediately vest,
subject to your execution of a release of claims reasonably acceptable to the Company.

	 	(ii)	 	If your employment terminates due to your death or Disability, then (x) to the
extent unvested, a number of Shares in the First Tranche shall vest equal to the total
number of such Shares multiplied by a fraction, the numerator of which is the number of
days from September 1, 2010 through your date of termination, and the denominator of
which is 365, and (y) a number of shares in the Second Tranche shall vest equal to the
total number of such Shares multiplied by a fraction, the numerator of which is the
number of days from September 1, 2010 through your date of termination, and the
denominator of which is 730.

For the avoidance of doubt, and notwithstanding any other agreement between you and the Company, a
change in control or other corporate transaction shall not, standing alone, result in the vesting
of any Shares.

3. Rights as Shareholder. You shall have the right to vote the Shares of Restricted Stock,
but shall otherwise enjoy none of the rights of a stockholder (including the right to receive
dividends or equivalent payments) until the applicable Shares have vested. Notwithstanding the
foregoing, dividends shall be paid to you (or, as applicable, a permitted transferee) in connection
with the vesting of Shares to the extent provided in Section 8(e) of the Plan. The Shares shall be
registered in your name on the Grant Date through a book entry credit in the records of the
Company’s transfer agent, but shall be recorded as restricted non-dividend paying shares of Shares
until the Shares have vested. Upon the vesting of Shares, the Company shall instruct its transfer
agent to record such shares as unrestricted. In the event any stock certificates are issued in
respect of the Shares of Restricted Stock prior to their vesting, such certificates shall bear a
restrictive legend determined by the Committee until the expiration of the vesting of such Shares.

4. Restrictions on Transfer of Awards. This Award Agreement and the Shares of Restricted
Stock may not be sold, pledged, or otherwise transferred without the prior written consent of the
Committee except to the extent that the shares of Restricted Stock have vested. If the Committee
permits any such transfer, any transferee shall succeed and be subject to all of the terms of this
Award Agreement and the Plan. If you experience a termination of Continuous Service, all unvested
Shares shall be forfeited without any further action.

5. Transfer Restrictions. Notwithstanding any other provision of the Plan or of this Award
Agreement, unless authorized by the Committee in writing, any Shares issued pursuant to this Award
Agreement shall be non-transferable except in accordance with Section 4 above.

 

 

 

6. Taxes. By signing this Award Agreement, you acknowledge that you shall be solely
responsible for the satisfaction of any taxes that may arise with respect to the grant or vesting
of
the Shares, and that neither the Company nor the Committee shall have any obligation whatsoever to
pay such taxes; provided that the Company’s obligation to withhold taxes with respect to the
issuance or vesting of the Shares shall be satisfied by any method acceptable to the Committee
(including withholding of Shares, but only up to the minimum legally-required tax withholdings).

7. Notices. Any notice or communication required or permitted by any provision of this
Award Agreement to be given to you generally shall be in writing and generally shall be delivered
electronically, personally, or by certified mail, return receipt requested, addressed to you at the
last address that the Company had for you on its records. Any notice or communication required or
permitted by any provision of this Award Agreement to be given by you must be in writing and
delivered personally or by certified mail, return receipt requested, addressed to the Company’s HR
Manager at its corporate headquarters. Each party may, from time to time, by notice to the other
party hereto, specify a new e-mail or address for delivery of notices relating to this Award
Agreement. Any such notice shall be deemed to be given as of the date such notice is personally
delivered or properly mailed.

8. Binding Effect. Except as otherwise provided in this Award Agreement or in the Plan,
every covenant, term, and provision of this Award Agreement shall be binding upon and inure to the
benefit of the parties hereto and their respective heirs, legatees, legal representatives,
successors, transferees, and assigns.

9. Modifications. This Award Agreement may be modified or amended at any time, in
accordance with Section 13 of the Plan and provided that you must consent in writing to any
modification that adversely and materially affects your rights or obligations under this Award
Agreement (with such an affect being presumed to arise from a modification that would trigger a
violation of Section 409A of the Code). Notwithstanding the foregoing, the Committee may, however,
take any action permitted by Section 11 of the Plan without your written consent.

10. Headings. Section and other headings contained in this Award Agreement are for
reference purposes only and are not intended to describe, interpret, define or limit the scope or
intent of this Award Agreement or any provision hereof.

11. Severability. Every provision of this Award Agreement and of the Plan is intended to
be severable. If any term hereof is illegal or invalid for any reason, such illegality or
invalidity shall not affect the validity or legality of the remaining terms of this Award
Agreement.

12. Counterparts. This Award Agreement may be executed by the parties hereto in separate
counterparts, each of which when so executed and delivered shall be an original, but all such
counterparts shall together constitute one and the same instrument.

13. Plan Governs. By signing this Award Agreement, you acknowledge that you have received
a copy of the Plan and that your Award Agreement is subject to all the provisions contained in the
Plan, the provisions of which are made a part of this Award Agreement and your Award is subject to
all interpretations, amendments, rules and regulations which from time to time may be promulgated
and adopted pursuant to the Plan. In the event of a conflict between the provisions of this Award
Agreement and those of the Plan, the provisions of the Plan shall control.

 

 

 

14. Investment Purposes. By executing this Award Agreement, you represent and warrant that
any Shares issued to you will be held for investment purposes only for your own account, and not
with a view to, for resale in connection with, or with an intent in participating directly or
indirectly in, any distribution of such Shares within the meaning of the Securities Act of 1933, as
amended.

15. Not a Contract of Employment. By executing this Award Agreement you acknowledge and
agree that (i) any person who is terminated before full vesting of an award, such as the one
granted to you by this Award Agreement, could claim that he or she was terminated to preclude
vesting; (ii) you promise never to make such a claim; (iii) nothing in this Award Agreement or the
Plan confers on you any right to continue an employment, service or consulting relationship with
the Company, nor shall it affect in any way your right or the Company’s right to terminate your
employment, service, or consulting relationship at any time, with or without Cause; (iv) unless you
have a written agreement signed by the Company’s President providing otherwise, you are an at-will
employee who may be terminated at any time and for any or no reason; and (v) the Company would not
have granted this Award to you but for these acknowledgments and agreements.

16. Long-term Consideration for Award. By executing this Award Agreement you acknowledge
the terms and conditions set forth in Section 23 of the Plan and that such terms are hereby
incorporated by reference and made an integral part of this Award Agreement. An invalidation of
all or part of Section 23 of the Plan, or your commencement of litigation to invalidate, modify, or
alter the terms and conditions set forth in this Section 16 of this Award Agreement or Section 23
of the Plan, shall cause this Award to become null, void, and unenforceable. You further
acknowledge and agree that the terms and conditions of this Section and Section 23 of the Plan
shall survive both (i) the termination of your Continuous Service for any reason, and (ii) the
termination of the Plan, for any reason. You acknowledge and agree that the grant of Shares in
this Award Agreement is just and adequate consideration for the survival of the restrictions set
forth herein, and that the Company may pursue any or all of the following remedies if you either
violate the terms of this Section or Section 23 of the Plan or succeed for any reason in
invalidating any part of it (it being understood that the invalidity of any term hereof would
result in a failure of consideration for the Award):

	 	(i)	 	declaration that the Award is null and void and of no further force or effect;

	 	(ii)	 	recapture of any cash paid or Shares issued to you, or any designee or
beneficiary of you, pursuant to the Award;

	 	(iii)	 	recapture of the proceeds, plus reasonable interest, with respect to any
Shares that are both issued pursuant to this Award and sold or otherwise disposed of by
you, or any designee or beneficiary of you.

The remedies provided above are not intended to be exclusive, and the Company may seek such other
remedies as are provided by law, including equitable relief. You acknowledge and agree that your
adherence to the foregoing requirements will not prevent you from engaging in your chosen
occupation and earning a satisfactory livelihood following the termination of your employment with
the Company.

 

 

 

17. Electronic Delivery. You hereby consent to the delivery of information (including,
without limitation, information required to be delivered to you pursuant to applicable securities
laws) regarding the Company, the Plan, and the Shares via Company web site or other electronic
delivery.

18. Governing Law. The laws of the State of Colorado shall govern the validity of this
Award Agreement, the construction of its terms, and the interpretation of the rights and duties of
the parties hereto.

19. Definitions. For purposes hereof:

	 	(i)	 	“Cause” shall have the meaning specified in your Employment Agreement or
Severance Protection Agreement, if any. If there is no such Agreement, or if such
Agreement does not define such term, “Cause” shall mean (a) conviction of a felony or a
crime involving fraud or moral turpitude; (b) theft, material act of dishonesty or
fraud, intentional falsification of any employment or Company records, or commission of
any criminal act which impairs your ability to perform appropriate employment duties
for the Company; (c) intentional or reckless conduct or gross negligence materially
harmful to the Company or the successor to the Company, including violation of a
non-competition or confidentiality agreement; (d) willful failure to follow lawful
instructions of the person or body to which you report; or (e) gross negligence or
willful misconduct in the performance of your assigned duties. Cause shall not include
mere unsatisfactory performance in the achievement of your job objectives.

	 	(ii)	 	“Disability” shall have the meaning specified in your Employment Agreement or
Severance Protection Agreement, if any. If there is no such Agreement, or if such
Agreement does not define such term, “Disability” shall mean a physical or mental
illness, injury, or condition that prevents you from performing substantially all of
your duties associated with your position or title with the Company for at least
90 days in a 12-month period.

	 	(iii)	 	“Good Reason” shall have the meaning specified in your Employment Agreement or
Severance Protection Agreement, if any. If there is no such Agreement, or if such
Agreement does not define such term, “Good Reason” shall mean your voluntary
termination, upon thirty (30) days prior written notice to the Company, following the
occurrence of any of the following, provided, that the Company has not cured such event
within such thirty (30) days following the receipt of such notice: (a) a material
reduction or change in your job duties, responsibilities and requirements inconsistent
with your position with the Company and your prior duties, responsibilities and
requirements; (b) any reduction of your base compensation; or (c) your refusal to
relocate to a facility or location more than thirty (30) miles from your primary office
as of the Grant Date.

 

 

 

BY YOUR SIGNATURE BELOW, along with the signature of the Company’s representative, you and the
Company agree that the grant of Stock is awarded under and governed by the terms and conditions of
this Award Agreement and the Plan.

	 	 	 	 	 	 	 	 	 
	 	 	DIGITALGLOBE, INC.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name:	 	 	 	 
	 

	 	 	 	Title:	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	PARTICIPANT:	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	The undersigned Participant hereby accepts the terms of this
Award Agreement and the Plan.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	Name of Participant:Exhibit 10.2

EXHIBIT 10.2

FORM OF

AMENDMENT TO EMPLOYMENT AGREEMENT

WHEREAS,                      (the “Executive”) and DigitalGlobe, Inc., a Delaware corporation (the
“Company”), are parties to an Employment Agreement dated as of                      (the “Employment
Agreement”);

WHEREAS, the parties wish to amend the Employment Agreement to provide that the term of the
Employment Agreement shall continue until August 31, 2012, with automatic annual extensions
thereafter unless either party provides at least 180 days’ advance notice of its intent to
terminate the Employment Agreement; and

WHEREAS, the parties further wish to amend the Employment Agreement to eliminate the
obligation of the Company to provide a “gross-up” of the golden parachute excise tax under Section
4999 of the Internal Revenue Code and to provide that restricted stock awards granted to the
Executive in September 2010 are not subject to “single-trigger” vesting upon a change in control of
the Company;

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the parties hereby amend the Employment Agreement as follows:

	 	1.	 	Section 1 is amended to read as follows:

Employment Term. Unless otherwise terminated in accordance with Section 4
below, Executive’s employment under this Agreement shall continue through and
including August 31, 2012 (the “Initial Term”). Thereafter, the Initial Term shall
be automatically extended on an annual basis for an additional one-year period,
unless the Company or Executive provides the other party hereto with 180 days’ prior
written notice that the term will not be so extended. The Initial Term, as it may
be extended, is referred to herein as the “Term.” Notwithstanding the foregoing, if
a Change in Control closes before the Term otherwise ends, the Term shall continue
until two (2) years following the closing of such Change in Control. In addition,
the then-current Term is subject to termination as provided in Section 4 hereof.

	 	2.	 	Section 3(c) is amended by adding the following new sentence to the end thereof:

The immediately-preceding sentence shall not apply to the restricted stock award
granted to Executive on September
 _____, 2010.

 

 

 

	 	3.	 	Section 6 is amended to read as follows:

Golden Parachute Limitation. Notwithstanding any other provision of this
Agreement, in the event that it shall be determined that the aggregate payments or
distributions by the Company to or for the benefit of Executive, whether paid or
payable or distributed or distributable pursuant to the terms of this Agreement or
otherwise (the “Payments”), constitute “excess parachute payments” (as such term is
defined under Section 280G of the Internal Revenue Code of 1986, as amended (the
“Code”) or any successor provision, and the regulations promulgated thereunder
(collectively, “Section 280G”)) that would be subject to the excise tax imposed by
Section 4999 of the Code or any successor provision (collectively, “Section 4999”)
or any interest or penalties with respect to such excise tax (the total excise tax,
together with any interest and penalties, are hereinafter collectively referred to
as the “Excise Tax”)), then the Payments shall be either (a) delivered in full, or
(b) delivered to such lesser extent that would result in no portion of the Payments
being subject to the Excise Tax, whichever of the foregoing amounts, taking into
account the applicable Federal, state or local income and employment taxes and the
Excise Tax, results in the receipt by Executive, on an after-tax basis, of the
greatest amount of benefits, notwithstanding that all or some portion of such
benefits may be subject to the Excise Tax. In the event that the Payments are to be
reduced pursuant to this Section 6, such Payments shall be reduced such that the
reduction of compensation to be provided to Executive as a result of this Section 6
is minimized. In applying this principle, the reduction shall be made in a manner
consistent with the requirements of Section 409A and where two economically
equivalent amounts are subject to reduction but payable at different times, such
amounts shall be reduced on a pro rata basis (but not below zero). All calculations
required pursuant to this Section 6 shall be performed in good faith by nationally
recognized registered public accountants or tax counsel selected by the Company.

IN WITNESS WHEREOF, each of the parties has executed this Agreement, in the case of the
Company by its duly authorized officer, as of the day and year first above written.

	 	 	 	 	 	 	 
	DIGITALGLOBE, INC.	 	 	 	 
	 

	 	 	 	 

	 	 
	 
	 	 	 	 	 	 
	By:
	 	 	 	 	 	 
	 

	 	 

	 	 

Executive Signature
	 	 
	Title:
	 	 	 	 	 	 
	 

	 	 

	 	 	 	 

 

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