Document:

Exhibit 4.4

Summary of Papa John’s International, Inc. Deferred Compensation
Plan

 

The
Papa John’s International, Inc. Deferred Compensation Plan (the “Plan”) is
a nonqualified deferred compensation plan, with eligibility limited to a select
group of management or highly compensated employees (within the meaning of
ERISA) who are specifically designated as eligible to participate by our Chief
Executive Officer or another officer authorized to make those determinations,
and members of our Board of Directors.

 

Participants
can defer up to 100% of their base salary and up to 100% of their short-term
incentive award payments into the Plan each calendar year (the “plan”
year).  For benchmarking purposes, the
Plan provides that participant accounts are deemed to be invested in one or
more publicly traded mutual funds or our common stock.  Participants may direct the investment of
their accounts among the options made available under the Plan, and can change
their investment options (except notional company stock) on any business
day.  Deferral elections may be changed
once per calendar year, generally in December, and such changes are effective
for compensation earned in the next following year.

 

Participants
may elect, prior to the beginning of the plan year, to transfer an amount of
that year’s deferrals equal to the maximum allowable 402(g) deferral for
the year into their 401(k) account. 
This transfer is made via a 401(k) wrap transfer feature, and takes
place early in the following year.  In
addition, the Company matches the amounts transferred (plus any deferrals up to
the 402(g) limit that could not be transferred due to IRS limitations that
apply to the 401(k) Plan) by the same discretionary match percentage
announced for the 401(k) Plan for the plan year.Exhibit 10.4

 

ORIENT-EXPRESS
HOTELS LTD.

 

2007
Stock Appreciation Rights Plan

(as
adopted by the Board of Directors on December 3, 2007)

 

1.            The Plan

 

Orient-Express
Hotels Ltd. (“OEH”) may grant stock appreciation rights (“SARs”) with respect
to Class A common shares of OEH pursuant to this 2007 Stock Appreciation
Rights Plan (the “Plan”) to full-time employees (“Employees”) of OEH, any of
its subsidiaries or affiliates and any of its investees that have adopted the
Plan (each, a “Participating Company”).  In general, an SAR will entitle the Employee
to whom an SAR has been granted to receive a cash payment related to the
increase (if any) in the market value of OEH’s Class A common shares over
three (3) years.

 

2.            Administration of the Plan

 

The Compensation
Committee (the “Committee”) of the Board of Directors of OEH will administer
the Plan and the SARs granted under it. 
Any decision of the Committee will be final and conclusive in all
matters relating to the Plan and the SARs. 
The Committee may make or vary regulations for the administration and
operation of the Plan not inconsistent with its provisions.  The Committee may authorize any one or more
Committee members or the Secretary of OEH to execute and deliver documents on
behalf of the Committee.  If the
Committee is not constituted, references to it in the Plan will be deemed to
refer to the Board of Directors of OEH.

 

3.            To Whom SARs May Be Granted

 

SARs may be
granted by the Committee to any eligible Employee of a Participating
Company.  The Committee is authorized to
determine which of the eligible Employees are to be granted SARs, the dates of
grant, and the number of SARs to be granted to each.  A list of Employees to whom SARs have been
granted as of each grant date will be prepared and submitted to the Secretary
of OEH on behalf of the Committee.  An
SAR award certificate in a form approved by the Committee will be issued to
each Employee to whom an SAR has been granted specifying the grant date, the
fair market value of OEH’s Class A common shares on the grant date, and
the number of SARs granted to the Employee.

 

1

 

4.            Maturity and Payment of SARs

 

An outstanding
SAR will mature on the third (3rd) anniversary of its grant
date.  Promptly following the maturity
date (but no later than 75 days after the Participating Company’s tax year), a
Participating Company will cause to be paid to each Employee holding a matured
SAR who has been employed by the Participating Company continuously from the
SAR grant date through the SAR maturity date an amount in cash equal to:

 

(a)   the excess (if any) of the fair market value of one OEH
Class A common share at the SAR maturity date over the fair market value
of one OEH Class A common share at the SAR grant date,

 

(b)   multiplied by the number of shares with respect to which
the SAR was granted.

 

For purposes
of the Plan, the fair market value of the Class A common shares will be
the last sale price per share on the New York Stock Exchange on the relevant
date (or, if not listed on that exchange, then the last sale price per share on
the principal exchange or market on which the shares are traded).  Payment to an Employee by a Participating
Company will be made through its ordinary payroll including deduction of applicable
taxes.  The Plan will be unfunded, and no
Participating Company will be required to segregate assets in connection with
the Plan.

 

5.            SARs Not Assignable

 

No SAR granted
under the Plan may be transferred by the Employee.  Upon maturity of an SAR, payment will be made
only to the Employee.

 

6.            Adjustment of Number or Kind of
Shares

 

If there is a
stock split, stock dividend, stock combination, exchange of shares or similar
capital adjustment involving the Class A common shares of OEH, the
Committee will appropriately adjust the number and kind of shares with respect
to which SARs have been granted, including the SAR grant prices.

 

7.            Amendment

 

The Plan may
be amended from time to time by the Board of Directors of OEH.  No amendment will alter or impair the rights
or obligations of any Employee, without his consent, under any SAR granted
under the Plan that has not yet matured.

 

2

 

8.            Termination

 

The Plan will
terminate upon the first of the following dates or events to occur:

 

(a)   if OEH is a participant in any corporate   amalgamation, merger, consolidation or other reorganization
and no provision is made at the time of the transaction to continue the Plan,

 

(b)   by resolution of the Board of Directors of OEH terminating
the Plan, or

 

(c)   on December 3, 2017.

 

In the event
of termination of the Plan in any of the foregoing ways, the provisions of the
Plan will continue to apply to any SARs granted prior to the termination that
have not yet matured.

 

9.            Effect of SARs Upon Employment

 

Nothing in the
Plan will be construed as giving any Employee of a Participating Company the
right to be retained in employment. If a Participating Company dismisses any
Employee, the Participating Company will have no liability for the effect which
dismissal might have upon the Employee as a participant under the Plan.  Under no circumstances will a dismissed
Employee be entitled to claim against the Participating Company any compensation
relating to any SAR held by the Employee under the Plan that has not yet
matured.

 

10.          Construction

 

In all
respects the Plan will be governed by, and be construed in accordance with, the
laws of the Islands of Bermuda.

 

*        *        *        *        *

 

3Exhibit 10.31

 

AMENDMENT TO EMPLOYMENT AGREEMENT

 

THIS AMENDMENT (“Amendment”)
to the  Employment
Agreement between FAVRILLE, INC.,
a Delaware corporation (the “Company”),
and                                                   
(“Executive”)
dated as of                                             
(the “Agreement”) is
entered into effective as of
                                            
(the “Amendment Date”).  Capitalized terms used but not otherwise
defined herein shall have the meanings provided in the Agreement.

 

WHEREAS, the
Company and Executive wish to amend the Agreement for purposes of compliance
with Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), and regulations promulgated
thereunder.

 

NOW, THEREFORE, in consideration of the foregoing recitals and the mutual promises and
covenants herein contained, and for other good and valuable consideration, the
Parties, intending to be legally bound, agree as follows:

 

Section 4.4(c)(i) of
the Agreement is hereby amended and restated to read in its entirety as
follows:

 

“i.            The equivalent of 1/12 of Executive’s
annual base salary in effect at the time of termination, less standard
deductions and withholdings, to be paid each month over a period of nine months
after the date of termination (the “Severance Period”), pursuant to the Company’s
standard payroll practices, with each such payment being treated as a separate “payment”
for purposes of Code Section 409A and Treasury Regulation
Sections 1.409A-1(b)(4) and 1.409A-2(b)(2)(iii).  Notwithstanding the foregoing, such payments
shall be made in a manner that complies with the requirements of Code Section 409A,
which may include, without limitation, deferring such payments for six (6) months
after Executive’s termination of employment;”

 

Except as specifically
amended by this Amendment, the terms and conditions of the Agreement shall remain in full force
and effect.

 

IN WITNESS WHEREOF, the Parties have executed this Amendment as of the Amendment Date.

 

	
  FAVRILLE, INC.

  	
  EXECUTIVE:

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Executive

  
	
  Name:

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Its:Exhibit 10.32

 

FAVRILLE, INC.

DIRECTOR FEE DEFERRAL ELECTION FORM

 

                In the event the Board of
Directors (the “Board”) of Favrille, Inc.
(the Company) approves the terms of a
deferred compensation program for its non-employee members at its meeting on November 29,
2007, I,
                                    ,
hereby elect, for the period  beginning
on November 29, 2007 through August 31, 2008 (the “Covered Period”), to receive my
cash retainer fee and cash compensation for attendance at Board meetings or for
other services as a member of the Board or any of the Board’s standing
committees (collectively, the “Covered Fees”)
as follows:

 

o            Current Payment:  100% of the Covered Fees in cash, payable at
the time customarily paid;

o            Deferred Payment:  100$ of the Covered Fees in cash, payable
during the period beginning September 1, 2008 and ending December 31,
2008.

 

I understand that, after November 28, 2007, I
may not withdraw or change this election for the Covered Period. I further
understand that, if I elect to have the Covered Fees paid via a Deferred
Payment, then (i) until the Covered Fees are paid, I shall be a general
unsecured creditor of the Company and (ii) the Covered Fees will be paid
without interest.

 

This
election will only be effective if received by the Company on or before November 28,
2007.

 

	
  Signed:

  	
   

  
	
   

  	
   

  
	
  Dated:

  	
   

  	
   

  	
  November       ,
  2007

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