Document:

ex10_1.htm

Exhibit 10.1

CoroWare, Inc.

2012 Stock Incentive Plan-Amended

This 2012 Stock Incentive Plan-Amended (the "Plan") is made as of the 29th day of October 2012, by CoroWare, Inc., a Delaware corporation (the "Company"), for the Company's employees and consultants ("the Recipients").

RECITALS:

The Company hereby amends and replaces its 2012 Stock Incentive Plan of February 28, 2012 with this 2012 Stock Incentive Plan-Amended. The Company desires under agreement to grant compensation to Recipients, in exchange for services provided to the Company, in the form of shares of the Company's Common Stock (the "Common Stock"), pursuant to the provisions set forth herein;

 

1. Grant of Shares. The Company shall grant to the Recipients from time to time the following shares of the Company's Stock (the "Shares"):

 

	
CLASS OF STOCK

	
NUMBER OF SHARES

	 	 
	
Common Shares

	
50,000,000

 

2. Services. Recipients shall provide bona fide services to the Company not in connection with capital-raising, promotional or investor relations activities. Recipients shall provide bona fide services to the Company which do not relate directly or indirectly to promotion or maintenance of a market in the Company’s Common Shares.

 

3. Compensation. Recipients' compensation is the Shares identified herein. Recipients are responsible for all income taxes.

 

4. Registration or Exemption. Notwithstanding anything to the contrary contained herein, the Shares will be registered on Form S-8 Registration Statement dated on or about August 15, 2012.

 

5. Delivery of Shares. The Company shall deliver to the Recipients such shares for services pursuant to written agreements for services between the Company and each Recipient.

 

6. Waiver. No waiver is enforceable unless in writing and signed by such waiving party and any waiver shall not be construed as a waiver by any other party or of any other or subsequent breach.

 

7. This Plan may be amended from time to time by the Company's Board of Directors.

 

8. Governing Law. This Plan shall be governed by the laws of the State of Delaware.

 

9. Assignment and Binding Effect. Neither this Plan nor any of the rights, interests or obligations hereunder shall be assigned by any Recipient hereto without the prior written consent of the Company's Board of Directors, except as otherwise provided herein.

 

10. This Plan shall be binding upon and for the benefit of the parties hereto and their respective heirs, permitted successors, assigns and/or delegates.

 

  

  

  

 

11. Integration and Captions. This Plan includes the entire understanding of the parties hereto with respect to the subject matter hereof. The captions herein are for convenience and shall not control the interpretation of this Plan.

 

12. Legal Representation. Each party has been represented by independent legal counsel in connection with this Plan, or each has had the opportunity to obtain independent legal counsel and has waived such right, and no tax advice has been provided to any party.

 

13. Construction. Each party acknowledges and agrees having had the opportunity to review, negotiate and approve all of the provisions of this Plan.

 

14. Cooperation. The parties agree to execute such reasonable necessary documents upon advice of legal counsel in order to carry out the intent and purpose of this Plan as set forth herein above.

 

15. Handwritten Provisions. Any handwritten provisions hereon, if any, or attached hereto, which have been initialed by all of the parties hereto, shall control all typewritten provisions in conflict therewith.

 

16. Fees, Costs and Expenses. Each of the parties hereto acknowledges and agrees to pay, without reimbursement from the other party (ies), the fees, costs, and expenses incurred by each such party incident to this Plan.

 

17. Consents and Authorizations. By the execution herein below, each party (i) acknowledges and agrees that each such party has the full right, power, legal capacity and authority to enter into this Plan, and the same constitutes a valid and legally binding Plan of each such party in accordance with the terms, conditions and other provisions contained herein; and (ii) acknowledges the receipt of an executed copy hereof, and made a part hereof by this reference.

 

18. Gender and Number. Unless the context otherwise requires, references in this Plan in any gender shall be construed to include all other genders, and references in the singular shall be construed to include the plural and vice-versa.

 

The undersigned representing sufficient voting power of the Board of Directors of the Corporation have duly approved this Plan on October 29, 2012.

	
/s/ Lloyd T. Spencer

	  
	
Lloyd T. Spencer

	  
	  	  
	  	  
	
/s/ Martin Nielson

	  
	
Martin Nielson

	  
	  	  
	  	  
	
 /s/ John Kroon

	  
	
John KroonFortinet_20120930)10-Q Ex10.1

September 26, 2012

Nancy Bush

Dear Nancy:
We are pleased to extend the promotion to you for the position of Interim Chief Finanical Officer (CFO) for Fortinet, Inc. (“Company”) reporting to Ken Xie, President and Chief Executive Officer (CEO), effective September 26, 2012.  We are excited about the opportunity of working with you in this new capacity.
	
		
	Current Annual Base Salary:
	$ 225,000 USD

	New Annual Base Salary:
	$ 260,000 USD

Your new compensation will be effective October 1, 2012 and reflected in your October 15th, 2012 pay.
These provisions expressly supersede any previous representations, oral or written.  All other terms of your employment with the Company remain the same.  
This is a reward and recognition from the Fortinet management team for your good performance and contributions to the company.  On behalf of Fortinet management team, we would like to congratulate you on your promotion and look forward to your continued success in your new role.  
If you have any questions regarding this changes or the Company, please call Amanda Mallow at (604) 430-1297 x6210.  Let's continue to work together to make Fortinet a great place to work!
	
		
	

Nancy Bush

/s/ Nancy Bush

ACCEPTED AND AGREED:

Date:  9/27/2012 
	Sincerely,
Fortinet, Inc.

/s/ Ken Xie 
Ken Xie
Chief Executive Officer, 
Fortinet, Inc.MPCS 2012-Q3 Ex 10.1 - Form Change in Control Agreement Amendment

Exhibit 10.1

CHANGE IN CONTROL AGREEMENT AMENDMENT

THIS AMENDMENT to the Change in Control Agreement (the “Agreement”) entered into effective as of _____________ by and between MetroPCS Communications, Inc., a Delaware corporation (the “Company”), and _______________ (the “Employee”), is adopted and agreed to by the Company and the Employee effective as of September 27, 2012.  Any capitalized term used herein not defined herein shall have the meaning ascribed to that term in the Agreement.
RECITALS
WHEREAS, the Employee and the Company entered into the Agreement to encourage the Employee's continued attention and dedication to the Employee's assigned duties in the event of a Change in Control of the Company; and 
WHEREAS, the Employee and the Company desire to amend the Agreement regarding the application of Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended, to the payments and benefits under the Agreement; 
NOW, THEREFORE, in consideration of the foregoing and other valuable consideration, the receipt of which is hereby acknowledged, the Employee and the Company, intending to be legally bound, hereby amend the Agreement by adding a new paragraph to the end of Section 6 thereof as follows:
(p)  Section 280G Cutback.  Notwithstanding any provision of this Agreement to the contrary, if any amount or benefit to be paid or provided under this Agreement, together with any payments or benefits payable or to be provided under any other plan, program, arrangement or agreement maintained by the Company or an Affiliate, would be deemed or considered to be an “excess parachute payment” (within the meaning of section 280G of the Code, or any successor provision thereto) but for the application of this sentence, then the payments and benefits to be paid or provided under this Agreement will be reduced to the minimum extent necessary (but in no event to less than zero) so that no portion of any such payment or benefit, as so reduced, constitutes or would constitute an excess parachute payment.  Whether requested by the Employee or the Company, the determination of whether any reduction in such payments or benefits to be provided under this Agreement or otherwise is required pursuant to the preceding sentence (and the assumptions utilized to make such determination) will be made at the expense of the Company by the Company's independent accountants, whose judgment shall be conclusive, final and binding.  In the event that any payment or benefit intended to be provided under this Agreement is required to be reduced pursuant to this Section 6(p), the Company will determine the order in which such reduction in payments and/or benefits will be made.
IN WITNESS WHEREOF, the Employee and the Company have adopted this Amendment to the Agreement as of the day and year first above written.

	
					
	METROPCS COMMUNICATIONS, INC.
	 
	EMPLOYEE

	 
	 
	 
	 
	 

	Name (print):
	 
	 
	Name (print):
	 

	Title:MPCS 2012-Q3 Ex 10.2 - Form Amendment Restricted Stock Grant Agreement

Exhibit 10.2

AMENDMENT TO THE [NON-EMPLOYEE DIRECTOR] [EMPLOYEE] 
RESTRICTED STOCK GRANT AGREEMENT 

This Amendment (the “Amendment”), effective as of __________, 2012 (the “Effective Date”), is by and between MetroPCS Communications, Inc., a Delaware corporation (the “Company”), and ______________ (“Grantee”).
WITNESSETH:
WHEREAS, the Company has adopted that certain Amended and Restated MetroPCS Communications, Inc. 2004 Equity Incentive Compensation Plan (the “2004 Plan”) and that certain MetroPCS Communications, Inc. 2010 Equity Incentive Compensation Plan (the “2010 Plan,” together with the 2004 Plan, the “Plans”);
WHEREAS, the Company has made one or more awards of restricted common stock of the Company, par value $0.0001 per share (the “Restricted Stock”), to Grantee under the Plan (individually, each an “Award,” collectively, the “Awards”);
WHEREAS, in connection with the Awards, the Company and Grantee have entered into one or more MetroPCS Communications, Inc. [Employee][Non-Employee Director] Restricted Stock Grant Agreements pursuant to the terms of the Plans prior to the Effective Date, as amended (as such Agreements may have been amended prior to the Effective Date, each individually, an “Agreement,” collectively the “Agreements”);
WHEREAS, Section 6(e) of each Agreement currently provides that dividend payments related to shares of unvested Restricted Stock shall be forfeited to the Company without payment to Grantee;
WHEREAS, the Company has determined that it would be in the best interest of the Company, its stockholders and Grantee to amend the Agreements to provide that Grantee shall be entitled to retain certain extraordinary dividends or cash payments related to shares of unvested Restricted Stock; and
WHEREAS, the Company and Grantee desire to amend the Agreements to reflect the amendment regarding extraordinary dividends or cash payments described above.
NOW, THEREFORE, in consideration of the premises and certain other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows:
		
	1.
	Any capitalized term used herein, and not otherwise defined herein, shall have the meaning set forth in the Agreements or the respective Plan attributable to each such Agreement.

2.Amendment to Section 6(e).  Section 6(e) of each Agreement is hereby deleted in its entirety and the following new provision is substituted therefor:

“(e)    By accepting the Restricted Stock, Grantee acknowledges his or her understanding and agreement that solely during the period prior to the vesting of a share of Restricted Stock, (i) each time the holders of Common Stock of record of the Company are requested to vote on any issue, Grantee shall vote, and Grantee authorizes the Company to vote, such unvested share of Restricted 

Stock “For,” “Against” or “Abstention” in the exact proportion to the “For,” “Against” or “Abstention” votes that resulted from the applicable vote prior to taking into consideration the votes of the unvested Restricted Stock; and (ii) in the event dividends, other than those declared to be extraordinary dividends  or cash payments (including, but not limited to, extraordinary dividends or cash payments declared in connection with a Change of Control (as defined in the aforementioned Plan), recapitalization or other extraordinary transaction) are declared by the Board, each such non-extraordinary dividend payment related to such unvested share of Restricted Stock shall be forfeited to the Company without payment to Grantee.  Notwithstanding anything contained herein to the contrary, (i) such proportionate voting requirements and non-extraordinary dividend forfeitures shall lapse immediately on each share of Restricted Stock as it vests in accordance with Sections 2, 3 or 4 of this Agreement, as applicable, and (ii) in the event dividends are designated by the Board at the time they are declared by the Board to constitute extraordinary dividends, or the Board authorizes a non-dividend cash payment (including, but not limited to, extraordinary dividends or a cash payment made in connection with a Change of Control, recapitalization or other extraordinary transaction), such extraordinary dividends or cash payments on unvested shares of Restricted Stock shall not be forfeited to the Company and shall be paid to and may be retained by Grantee.”
3.    Amendment to Section 17 of the Employee Agreement and Section 16 of the Non-Employee Director Agreement.  Section 17 of each Employee Agreement and Section 16 of each Non-Employee Director Agreement is hereby deleted in its entirety and the following new provision is substituted therefor:
“Governing Law.  The Restricted Stock and this Agreement will be construed in accordance with the laws of the State of Delaware to the extent federal law does not supersede and preempt Delaware law.  The obligation of the Company to deliver Common Stock hereunder is subject to all applicable laws and to the approval of any governmental authority required in connection with the authorization, issuance, sale or delivery of such Common Stock.” 
4.    Continuing Effect.  Except as may have been previously amended and as expressly amended hereby, all terms and conditions of the Agreements will remain unmodified and in full force and effect and are incorporated herein as if set forth herein in their entirety.
5.    Governing Law.  The Amendment will be construed in accordance with the laws of the State of Delaware to the extent federal law does not supersede and preempt Delaware law.
6.    Counterparts.    The Amendment may be executed in two or more counterparts, each of which shall be deemed to be an original, but both of which taken together shall constitute one in the same instrument.
Executed this _____ day of ______________, 2012.

	
						
	 
	 
	 
	METROPCS COMMUNICATIONS, INC.

	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 

	 
	 
	 
	By:

	 
	 
	 
	Its:

You, as the above named Grantee, are not required to take any further action to accept the terms and conditions of the Amendment. If you, as Grantee, desire to accept the Amendment, subject to the terms and provisions hereof and the respective Plan and administrative interpretations of such Plan referred to herein, simply retain a copy of the Amendment for your records, and you shall be DEEMED to have ACCEPTED the Amendment and you shall be DEEMED to become a party to the Amendment, being bound to its terms and conditions. 
If you DO NOT WISH TO ACCEPT the Amendment, you must provide written notice of your desire to reject the Amendment within thirty (30) days of the receipt of the Amendment and such written notice must be signed and dated. Please send such written notice to Stock Plan Administration, at 2250 Lakeside Blvd., Richardson, Texas, 75082, Attention: Kim Butzke.  Again you MUST RETURN your written notice of rejection of the Amendment WITHIN THIRTY (30) DAYS of receipt of the Amendment in order to be effective.

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