Document:

Exhibit 10.9

 

EXECUTIVE INCENTIVE AWARD

RECOUPMENT POLICY

 

WHEREAS,
section 304 of the Sarbanes-Oxley Act of 2002 already requires the Chief
Executive Officer and the Chief Financial Officer of Deere to reimburse Deere
for certain Incentive Compensation they receive and profits they realize on the
sale of Deere securities during the 12-month period following the issuance by
Deere of a financial report that, due to misconduct, is materially noncompliant
with any financial reporting requirement under the federal securities laws;

 

WHEREAS,
Incentive Compensation payments (“Incentive Compensation”) under this policy
may include, without limitation, Short Term Incentive (STI) awards; Mid-Term
Incentive Awards (MTI); Long Term Incentive awards, which include restricted
stock units and stock options; and any portion of  pension payments that are calculated based on
Incentive Compensation payments;

 

WHEREAS,
for purposes of this policy, the term “Executive” means (i) an individual designated by
the Board of Directors of Deere & Company (“Deere”) as an executive
officer of Deere; and (ii) all other employees of Deere and its
subsidiaries in compensation band IV as determined by Deere’s policies and
procedures.  This policy shall also apply to any retired
Executive who meets all of the requirements for recoupment of Incentive
Compensation payments under this policy; and

 

WHEREAS,
the Board Compensation Committee (“Committee”) believes it would be in the best
interests of Deere to adopt a similar policy on recoupment of Incentive
Compensation payments made to other Deere Executives;

 

RESOLVED,
that, effective 1 November 2007 (“Effective Date”), if the Committee
learns of any misconduct by an Executive that contributed to Deere’s
restatement of all or a portion of Deere’s financial statements filed with the
Securities and Exchange Commission (“SEC”), the Committee will take any and all
actions the Committee deems necessary to remedy the misconduct and prevent its
recurrence.

 

The
Committee shall, to the extent permitted by applicable law, determine whether
to require recoupment of any Incentive Compensation paid to an Executive where:

 

(a)   The following three conditions are met:

 

(1)                         the payment was
predicated upon achieving certain financial results that were subsequently restated
due to Deere’s material noncompliance, as a result of misconduct, with any
financial reporting requirement under the securities laws;

 

(2)                         the Committee
determines the Executive engaged in misconduct that contributed to the need for
the restatement;  and

 

(3)                              a lower payment
would have been made to the Executive based upon the restated financial
results; and/or

 

1

 

(b)   The following two conditions are met:

 

(1)                        the Committee
determines the Executive engaged in misconduct that contributed to inaccurate
operating metrics being used to calculate Incentive Compensation;

 

(2)                        a lower payment
would have been made to the Executive had the correct operating metrics been
properly applied to the calculation of Incentive Compensation.

 

If
the Committee determines that recoupment action is appropriate, the Committee
will, to the extent practicable and permitted by applicable law, seek to
recover from the individual Executive all of the Incentive Compensation paid to
the Executive or credited to the Executive’s deferred compensation account for
the relevant period.  Such recovery may
be made in any manner permitted by law, including, but not limited to,
offsetting current incentive and non-incentive compensation.

 

In
determining whether a claim for recoupment of Incentive Compensation from an
Executive is appropriate, the Committee will take into account all relevant
factors.

 

The
Committee may, in determining appropriate remedial action, take into account
penalties or punishments imposed by third parties, such as law enforcement
agencies, regulators or other authorities. 
The Committee’s power to determine the appropriate punishment for the
wrongdoer is in addition to, and not in replacement of, any remedies or sanctions
imposed by such authorities or any other third party actions.

 

This
policy applies to any restatements of Deere financial statements filed with the
SEC that occur after the Effective Date that meet the requirements of the
policy, including, without limitation, any restatements of any financial
statements of a fiscal year prior to the Effective Date where the restatement
occurs after the Effective Date.

 

2Exhibit 10.1

 

 

February 25,
2008

 

James
Zierick

 

Dear
Jim:

 

Pursuant
to recent discussions with the Aspyra Board of Directors, we are pleased to
offer you the position of interim Chief Executive Officer.  The following will set forth our mutual
understanding as to the compensation that we have agreed to:

 

1.               You are being engaged on a
consulting basis with an expected length of tenure of 3 months unless modified
in writing by mutual agreement.

 

2.               Your fee for service shall
be $15,000 per month, payable at the beginning of each monthly period.

 

3.               As an incentive, you will
receive 112,500 non-qualified stock options at the closing market price on March 1,
2008, as approved by Aspyra’s Board of Directors pursuant to the Company’s
stock option plan.  1/12 of the options
will be fully vested at the end of each week until all options are vested or
your tenure as CEO is terminated.  The
options will have a five year term.

 

4.               Aspyra will reimburse you
for all reasonable and customary business related expenses in accordance with
our standard policies and procedures.

 

5.               Your start date will be on February 25,
2008.

 

6.               Your responsibilities will
be to oversee the Company’s operations. 
You will report directly to the Chairman of the Board.

 

 

Jim,
we are excited about your increased involvement at Aspyra to help build a
world-class healthcare informatics company. 
We are confident that the skills and business ethic that you possess
will allow you to make a significant contribution to the company.  The senior team welcomes you, and we will
provide you with whatever support that may be required for Aspyra to meet or
exceed its objectives.

 

Very
Truly Yours,

 

/s/
James Helms

 

James
(Skip) Helms

COO

 

	
   

  	
  Accepted

  
	
   

  	
   

  
	
   

  	
  /s/ James Zierick

  
	
   

  	
  James ZierickEXHIBIT 10.28

 

COMPENSATION FOR NON-EMPLOYEE DIRECTORS

 

On February 12, 2008, the Board of Directors
approved changes to the compensation to Board members who are not employees of
the Company for services rendered as a director.  The compensation structure for fiscal 2007
and the compensation structure for fiscal 2008 are as follows:

 

 

	
   

  	
   

  	
  Fiscal 2008

  	
   

  	
  Fiscal 2007

  	
   

  
	
  Annual fee

  	
   

  	
  $

  	
  35,000

  	
   

  	
  $

  	
  35,000

  	
   

  
	
  Attendance at each Board of Directors meeting

  	
   

  	
  $

  	
  1,500

  	
   

  	
  $

  	
  1,500

  	
   

  
	
  Attendance at a committee meeting on a date other than a regularly
  scheduled Board of Directors meeting

  	
   

  	
  $

  	
  1,250
  

  	
  (1)

  	
  $

  	
  1,250

  	
   

  
	
  Audit Committee Chairperson annual fee

  	
   

  	
  $

  	
  5,000

  	
   

  	
  $

  	
  5,000

  	
   

  
	
  Compensation Committee Chairperson annual fee

  	
   

  	
  $

  	
  5,000

  	
   

  	
  $

  	
  5,000

  	
   

  
	
  Governance Committee Chairperson annual fee

  	
   

  	
  $

  	
  5,000

  	
   

  	
  $

  	
  5,000

  	
   

  
	
  Coordinating Director annual fee

  	
   

  	
  $

  	
  7,500

  	
   

  	
  $

  	
  7,500

  	
   

  
	
  Special Litigation Committee Chairperson annual fee (2)

  	
   

  	
  $

  	
  7,500

  	
   

  	
  $

  	
  7,500

  	
   

  
	
  Special Committee Chairperson fee (3)

  	
   

  	
  $

  	
  60,000

  	
   

  	
  -

  	
   

  
	
  Special Committee member fee (3)

  	
   

  	
  $

  	
  40,000

  	
   

  	
  -

  	
   

  
	
  Special Committee meeting attendance fee (3)

  	
   

  	
  $

  	
  1,500

  	
   

  	
  $

  	
  1,500

  	
   

  
	
  Stock option grant or cash consideration upon first joining the Board
  of Directors (4)

  	
   

  	
  30,000
  options

  or $100,000

  	
   

  	
  30,000
  options

  	
   

  
	
  Annual stock option grant (5)

  	
   

  	
  7,500
  options

  	
   

  	
  7,500
  options

  	
   

  

(1)          If more than one
committee meeting (including an executive session of Independent Directors)
occurs on a date other than the day of a regularly scheduled Board of Directors
meeting, only one fee will be paid for that day. Fees are not payable for
telephonic meetings.

 

(2)          Our Board of Directors
established a Special Litigation Committee to facilitate timely and orderly
consideration of the matters raised by shareholder derivative actions filed
against us and related parties concerning claims arising out of certain
misdated options.

 

(3)          Our Board of Directors
established a Special Committee to, among other
matters, evaluate certain corporate governance issues and the
advisability of pursuing strategic alternatives intended to increase
stockholder value, including but not limited to, a recapitalization, and to
make recommendations to the full Board of Directors. The Committee’s fees are
authorized through March 31, 2008. Attendance fees are payable with
respect to both in person and telephonic meetings of the Special Committee.

 

(4)          Represents a one-time
grant to new directors of vested non-qualified stock options at a price equal
to the fair market value on the date of approval of the grant by the Board of
Directors.  Our Amended and Restated 1997
Non-Employee Director Stock Option Plan, under which we had previously issued
stock option grants to directors, has expired. 
Currently, none of our other equity plans provide for granting options
to non-employee directors.  The Board of
Directors intends to include on our 
proxy for the 2008 Annual Meeting of Stockholders an amendment to our
2001 Omnibus Stock Option Incentive Plan (2001 Plan) to include non-employee
directors as eligible to receive stock option grants under this plan. If such amendment
is approved by our stockholders, then future grants to non-employee directors,
including directors elected in February 2008, will be made pursuant to the
2001 Plan. If stockholders do not approve such amendment, cash compensation of
$100,000 will be provided to new directors in fiscal 2008 in lieu of the
initial stock option grant.

 

(5)          Excludes new directors
receiving the initial one-time grant. 
Represents vested non-qualified stock options at a price equal to the
fair market value on the date of approval of the grants by the Board of
Directors.

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