Document:

x

     

    Service
      Agreement

     

    

     

    1200
      West
      Seventh Street, Suite l1-100

    Los
      Angeles, CA 90017

    www.alchemy.net

    Tel:
      (213) 596-3000 Fax: (213) 596-3004

     

    Exhibit
      10.27

    

    GIGABIT
      DATA CENTER SERVICES AGREEMENT

    

    As
      a
      Gigabit Data Center ("GDC") Customer you agree to be bound by the terms of
      the
      GDC Services Agreement as set forth below. Please read this document thoroughly
      and initial at the end of each page in acknowledgement of this agreement.

     

    

    1.
      GENERAL TERMS

    

    
      	 	
              A.

            	
              This
                document, along with the Gigabit Data Center Service Order(s) ("GDCSO(s)")
                agreement (s), shall comprise a complete and binding agreement between
                Customer and Alchemy. Each GDCSO agreement, and any amendments thereto,
                when dated and subscribed by Customer and Alchemy, shall incorporate
                the
                terms and conditions of this Agreement. In the event of any conflict
                or
                inconsistency between this Agreement and the terms set forth in a
                GDCSO
                agreement(s), the terms of the GDCSO agreement(s) shall in all cases
                prevail.

            

    

    

    
      	 	
              B.

            	
              In
                connection with the Space made available hereunder, Alchemy shall
                perform
                services which support the overall operation of the Gigabit Data
                Center
                ("GDC"), e.g., janitorial services, environmental systems maintenance,
                and
                power plant maintenance, at no additional charge to Customer. However,
                Customer shall be required to maintain the Collocation Space in an
                orderly
                manner and shall be responsible for the removal of trash, packing,
                cartons, etc. from the Space. Further, Customer shall maintain the
                Space
                in a safe condition, including but not limited to the preclusion
                of
                storing combustible materials in the
                Space.

            

    

    

    
      	 	
              C.

            	
              Any
                option granted to Customer to renew its license to occupy the Space
                shall
                be contingent on the election by Alchemy to continue to own or lease
                the
                Premises in which the Space is located for the duration of the Renewal
                Period(s), such election to be exercised at the sole discretion of
                Alchemy. 

            

    

    

    

    2.
      GDC SERVICES

    

    
      	 	
              A.

            	
              Collocation
                Space: If contracted for, Alchemy shall provide Customer with shared
                or
                private data center space as indicated in the
                GDCSO(s).

            

    

    

    
      
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                Alchemy
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                Service
                  Agreement

              

      

       

       

    

    
      	 	
              B.

            	
              Connectivity:
                If contracted for, Alchemy shall provide Customer with connectivity
                to the
                Internet through Alchemy's network as specified in the GDCSO(s).
                Connectivity is measured and billed using a 95/5 Rule. The aggregate
                of
                both inbound and outbound bandwidth is sampled at five-minute intervals
                throughout the month. Once all samples have been accumulated, the
                top 5%
                of the collected samples are discarded, the highest remaining sample,
                rounded to the next full mega bit per second (Mbps) times the negotiated
                rate, will be billed. Alchemy shall provide cross-connectivity, where
                applicable, for an additional fee.

            

    

    

    
      	 	
              C.

            	
              Virtual
                Hosting: If
                contracted for, Alchemy
                shall provide Customer with virtual hosting on servers owned by either
                Alchemy or a third party supplier as indicated in the
                GDCSO(s).

            

    

     

    
      	 	
              D.

            	
              Streaming:
                If
                contracted for, Alchemy
                shall provide Customer with video and audio streaming services as
                indicated
                in this agreement and
                in
                the GDCSO(s).

            

    

    

    
      	 	
              E.

            	
              Content
                Distribution: If contracted for, Alchemy shall provide Customer with
                content distribution services as indicated in the
                GDCSO(s).

            

    

    

    
      	 	
              F.

            	
              Storage:
                If
                contracted for, Alchemy
                shall provide Customer with storage on the EMC Enterprise Storage
                System
                as indicated in the GDCSO(s).

            

    

    

    
      	 	
              G.

            	
              Encoding
                and Production: If
                contracted for, Alchemy
                shall provide Customer with encoding and production services as indicated
                in the GDCSO(s).

            

    

    

    
      	 	
              H.

            	
              Equipment
                Leasing: If
                contracted for, Alchemy
                shall provide Customer with leased equipment as indicated in the
                GDCSO(s).

            

    

    

    
      	 	
              I.

            	
              Technical
                Support: If contracted for, Alchemy shall provide Customer with complete
                technical support upon Customer's request and in accordance with
                Alchemy's
                terms and conditions and listed
                rates.

            

    

    

    
      	 	
              J.

            	
              Eyes
                Hands Support: If contracted for, Alchemy shall provide Customer
                with
                assistance to observe conditions in their Collocation Space and offer
                light hands assistance such as shutting off and turning on equipment
                as
                directed by Customer. 

            

    

    

    

    3. STREAMING
      SERVICES

    

    
      	 	
              A.

            	
              Content
                Preparation:
                If contracted for, Alchemy shall prepare Content consisting of fully
                encoded audio or video product provided by Content Provider for placement
                on Alchemy servers. (Alchemy may also perform encoding for an additional
                fee, as agreed by the parties). Customer shall provide Alchemy with
                timely
                access to its Content as required for Alchemy to prepare said Content
                and
                provide all services Customer has elected to receive. Customer understands
                and acknowledges that Alchemy’s performance depends, in part, upon
                Customer’s assistance and cooperation in all matters pertaining to this
                Agreement.

            

    

    

    
      
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                  Alchemy
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                  Service
                    Agreement

                

        

         

        
        

      

    

    
      	 	
              B.

            	
              Connectivity
                and Content Streaming:
                If contracted for, Utilizing Alchemy’s servers, Customer shall be provided
                with Content storage and Internet connectivity. Customer’s content shall
                be distributed on an “On-demand” basis on the Internet utilizing the
                Internet video and or audio formats specified by Customer, which
                may
                include, Microsoftâ
                Windows Media Server’
                (“WMS”), Appleâ
                QuickTime Server’
                (“QuickTime”), Server Push and Web Page serving. Customer shall agree to a
                committed amount of minimum monthly transfer of content, measured
                in
                megabytes, as stated in the GDCSO(s). Although it is Alchemy’s policy to
                accommodate usage above committed amounts, megabyte transfer levels
                beyond
                the committed amounts are not
                guaranteed.

            

    

    

    
      	 	
              C.

            	
              Technical
                Support/Maintenance:
                If contracted for, shall provide Customer with technical support
                upon
                Customer's request
                and in accordance with Alchemy's terms and conditions and applicable
                fees.
                

            

    

    

    

    4. LICENSES

    

    Customer
      hereby grants Alchemy a worldwide, non-exclusive license to host, distribute,
      display, cache and transmit Content in connection with the Web Content
      Distribution Services. 

    

    

    5. OWNERSHIP

    

    Customer
      retains all right, title and interest in and to the Content it places with
      Alchemy. Alchemy, its heirs, successors and/or assigns retain all right, title
      and interest in and to all software, hardware, products, equipment and other
      intellectual properties created by or for Alchemy in connection with the Web
      Content Distribution Services.

    

    

    6.
      TERM OF AGREEMENT

    

    
      	 	
              A.

            	
              Customer's
                license to occupy the Collocation Space shall begin on the "Start
                Date,"
                as set forth in the GDCSO agreement(s) or on the date Alchemy completes
                the build-out of the Space, whichever is later. The term of the Customer's
                license to occupy the Space shall be indicated on the
                GDCSO(s).

            

    

    

    
      	 	
              B.

            	
              Should
                Alchemy fail, for any reason to tender possession of the Space to
                Customer
                on or before the Requested Service Date (specified in the GDCSO
                agreement(s) relevant thereto) this Agreement shall not be void or
                voidable. If Alchemy fails to tender possession of the Space to Customer
                within a sixty (60) day period after such Requested Service Date
                (due to
                any reason other than the acts or omissions of Customer), Customer
                may,
                upon written notice to Alchemy, declare the relevant GDCSO agreement(s)
                null and void with no further obligation attributed to Customer,
                and
                Alchemy shall refund all fees and charges paid in advance by Customer,
                except in the case where the delay was caused by Customer, in which
                case,
                Alchemy shall retain any funds necessary to recover the cost or
                obligations incurred on behalf of Customer. Except as provided herein,
                Alchemy shall not be liable to Customer in any way as a result of
                a delay
                or failure to tender possession.

            

    

    

    
      
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                  Service
                    Agreement

                

        

         

        
        

      

    

    
      	 	
              C.

            	
              Following
                the expiration of the Term, as set forth in the GDCSO agreement(s)
                noted
                “End Date,” for each Space and/or Service or failure of the Parties to
                enter into any Renewal Periods, Customer's license to occupy the
                Space and
                receive services shall continue in effect on a month-to-month basis
                upon
                the same terms and conditions specified herein, unless terminated
                by
                either Customer or Alchemy upon thirty (30) days prior written notice.
                

            

    

    

    

    7.
      TERMINATION

    

    
      	 	
              A.

            	
              Either
                party shall have the right to terminate this agreement should the
                other
                party breach a material term or condition of this Agreement and fail
                to
                cure such breach within thirty (30) days after receipt of written
                notice
                of the breach, except in the case of failure to make timely payment
                to
                Alchemy, which must be cured within ten (10) days of the payment
                due date.
                Alchemy has the option, at its sole discretion, to terminate this
                Agreement should Customer become insolvent or the subject of bankruptcy
                proceedings, a receivership, liquidation or a sale for the benefit
                of
                creditors.

            

    

    

    
      	 	
              B.

            	
              Upon
                termination or expiration of the Term for each Space, Customer agrees
                to
                do the following: (i) remove the Equipment and other property that
                has
                been installed by Customer or Customer's agent(s) and return the
                Space to
                Alchemy in substantially the same condition as it was on the date
                of
                installation, Alchemy at its sole discretion may refuse to allow
                the
                removal of some or all Customer equipment until all outstanding amounts
                owed to Alchemy are paid in full; (ii) pay any outstanding fees within
                five (5) days of termination of service; (iii) return any confidential
                information it has received from Alchemy and (iii) return any equipment
                or
                supplies that are the property of Alchemy. In the event such Equipment
                or
                property has not been removed within thirty (30) days of the effective
                termination or expiration date, the Equipment shall be deemed abandoned
                and Customer shall lose all rights and title
                thereto.

            

    

    

    
      
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                  Service
                    Agreement

                

        

         

        
        

      

    

    
      	 	
              C.

            	
              In
                the event the GDC becomes the subject of a taking by eminent domain
                by any
                authority having such power, Alchemy shall have the right to terminate
                this Agreement. Alchemy shall attempt to give Customer reasonable
                advance
                notice of the removal schedule. Customer shall have no claim against
                Alchemy for any relocation expenses, any part of any award that may
                be
                made for such taking or the value of any unexpired term or renewed
                periods
                that result from a termination by Alchemy under this provision, or
                any
                loss of business from full or partial interruption or interference
                due to
                any termination. However, nothing contained in this Agreement shall
                prohibit Customer from seeking any relief or remedy against the condemning
                authority in the event of an eminent domain proceeding or condemnation
                that affects the Space. 

            

    

    

    

    8.
      DEFAULT

    

    
      	 	
              A.

            	
              If
                Customer fails to perform its obligations, or fails to pay for services
                rendered hereunder, Alchemy may, at its sole option and with written
                notice, issue a default notice letter to Customer, demanding the
                default
                condition be cured. If the default condition is not remedied within
                the
                time period specified in the notice letter, Alchemy may then, without
                the
                necessity of any further notice, discontinue performance and terminate
                this Agreement, for default, and pursue any other remedies available
                at
                law or in equity, including reimbursement of the cost of collection
                and
                reasonable attorney fees. Alchemy's failure to exercise any of its
                rights
                hereunder shall not constitute or be construed by Customer as being
                a
                waiver of any past, present, or future right or remedy. In the case
                of
                Customer's failure to make timely payments, Alchemy may discontinue
                any or
                all services for any period of time as it deems appropriate without
                written notice to Customer, and such action shall not be deemed a
                breach
                of this Agreement by Alchemy.

            

    

    

    
      	 	
              B.

            	
              At
                any time during the term of this Agreement, Alchemy may, at it's
                sole
                option, immediately terminate this Agreement if Customer is not then
                maintaining the Equipment solely for the purpose of originating and/or
                terminating telecommunications transmissions carried over the Alchemy
                Network or as otherwise set forth in this Agreement, or pursuant
                to the
                terms and conditions, if any, contained in any Collocation Schedule
                identified herewith.

            

    

    

    
      	 	
              C.

            	
              If
                Customer commits an act of default under any Collocation Schedule
                to which
                this Agreement pertains, Alchemy may, in its sole discretion, declare
                Customer to be in default of any and all other Collocation Schedules
                then
                in effect, without the necessity of showing separate failures, acts
                or
                omissions by Customer.

            

    

    

    
      	 	
              D.

            	
              If
                Customer commits an act of default with respect to the purchase of
                telecommunications services that would entitle Alchemy under its
                separate
                tariffs and agreements to terminate its services to Customer, then
                Alchemy
                and all Alchemy's Affiliates shall be entitled to terminate this
                Agreement
                and all GDC services to which this Agreement
                pertains.

            

    

    

    
      
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                    Gigabit Data Center Agreement - Confidential

                	
                  Service
                    Agreement

                

        

         

         

      

    

    
      	 	
              E.

            	
              Alchemy
                may, without notice, suspend or terminate services to customer if
                Customer
                is found to be engaged in unlawful activities or upon the request
                to do so
                by any legal or governmental agencies.

            

    

    

    
      	 	
              F.

            	
              At
                the termination of this agreement for any reason or if Customer has
                failed
                to make timely payments of amounts owed, Alchemy at its sole discretion
                may refuse to allow the removal of some or all of Customer equipment
                from
                Alchemy’s facilities until all outstanding amounts owed to Alchemy are
                paid in full. In order to satisfy outstanding balances owed, Customer
                specifically herein consent and agree that Alchemy may take possession
                and
                ownership of all or part of Customer equipment, if Customer fails
                to bring
                all payments up to date within thirty (30) days of receiving written
                notice from Alchemy of its intent to take possession of said equipment.
                If
                the value of the equipment in which Alchemy has taken possession
                and
                ownership of has a resale value that is less than the amount owed,
                Alchemy
                is entitled to take whatever legal actions are necessary to collect
                the
                difference.

            

    

    

    

    9.
      PRICES AND PAYMENT TERMS 

    

    
      	 	
              A.

            	
              Customer
                shall pay ALCHEMY monthly recurring fees (the "Recurring Fees"),
                which
                shall include charges for use and occupancy of the Space (the "Occupancy
                Fees"), connectivity (or cross-connect fees, if applicable), power
                charges, streaming charges and, where applicable, technical support
                and
                system administration. In addition to any Recurring Fees, Customer
                shall
                be charged non-recurring fees for build-out of the Space (the "Build-Out
                Charges"), where applicable, Escort charges, and other services,
                which
                shall be set forth in the GDCSO agreement(s). If Customer requests
                that
                Alchemy provide services not delineated herein or in the GDCSO
                agreement(s) at any time during the Term, Customer agrees to pay
                the fee
                for such services in effect at the time such service was rendered.
                All
                payments will be made in U.S. dollars. Late payments hereunder will
                accrue
                interest at a rate of one and one-half percent (1 1⁄2%) per month, or the
                highest rate allowed by applicable law, whichever is lower. If in
                its
                judgment Alchemy determines that Customer is not creditworthy or
                is
                otherwise not financially secure, Alchemy may, upon written notice
                to
                Customer, modify the payment terms to require assurances to secure
                Customer's payment obligations
                hereunder.

            

    

    

    
      	 	
              B.

            	
              All
                payments required by this Agreement are exclusive of all national,
                state,
                municipal or other governmental excise, sales, value-added, use,
                personal
                property, and occupational taxes, excises, withholding taxes and
                obligations and other levies now in force or enacted in the future,
                all of
                which Customer will be responsible for and will pay in full. Customer
                agrees to pay or reimburse Alchemy for any applicable taxes that
                are
                levied based on the transactions hereunder, exclusive of taxes on
                income
                and real estate taxes on the GDC. Any such charges shall be invoiced
                and
                payable within the payment terms of this Agreement. Alchemy agrees
                to
                provide Customer with reasonable documentation to support invoiced
                amounts
                applied to taxes within thirty (30) calendar days of receipt of a
                Customer's written request.

            

    

    

    
      
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                  Service
                    Agreement

                

        

         

         

      

    

    
      	 	
              C.

            	
              The
                Occupancy Fee and/or Power Charges shall be increased to reflect
                any
                increases incurred by and required under the lease relevant to the
                Premises in which the Space is located. Customer shall pay to Alchemy
                its
                pro rata share of any such increases based on the number of square
                feet of
                the Space compared to the number of square feet leased by Alchemy
                under
                the applicable lease. Alchemy shall notify Customer of any such increase
                as soon as practicable.

            

    

    

    
      	 	
              D.

            	
              Payments
                shall be due upon Customer's receipt of each monthly invoice. Late
                payment
                charges will be calculated based on 1.5% per month of the unpaid
                amount.

            

    

    

    
      	 	
              E.

            	
              Charges
                delineated in the Collocation Schedule for build-out of the Space
                shall be
                invoiced and paid by Customer when invoiced. Alchemy may require
                payment
                of the "Build Out Fees" prior to commencing
                construction.

            

    

    

    
      	 	
              F.

            	
              Customer
                agrees to reimburse Alchemy for all reasonable repair or restoration
                costs
                associated with damage or destruction caused by Customer's personnel,
                Customer's agent(s) or Customer's suppliers/contractors or Customer's
                visitors during the Term or as a consequence of Customer's removal
                of the
                Equipment or property installed in the Space.

            

    

    

    

    10.
      ADDITIONAL TERMS GOVERNING USE OF COLLOCATION SPACE AND INSTALLATION OF
      EQUIPMENT

    

    
      	 	
              A.

            	
              Before
                beginning any delivery, installation, replacement or removal work,
                Customer must obtain Alchemy 's written approval of Customer's choice
                of
                suppliers and contractors which approval shall not be unreasonably
                withheld or delayed. Alchemy may request additional information before
                granting approval and may require scheduling changes and substitution
                of
                suppliers and contractors as conditions of its approval. Approval
                by
                Alchemy is not an endorsement of Customer's supplier or contractor,
                and
                Customer will remain solely responsible for the selection of the
                supplier
                or contractor and all payments to Alchemy for construction work performed
                on their behalf.

            

    

    

    
      	 	
              B.

            	
              Customer
                shall not make any construction changes or material alterations to
                the
                interior or exterior portions of the Space, including any cabling
                or power
                supplies for the Equipment, without obtaining Alchemy's written approval
                for Customer to have the work performed. Alchemy reserves the right
                to
                perform and manage any construction or material alterations within
                the GDC
                and Collocation Space areas at rates to be negotiated between the
                Parties
                hereto.

            

    

    

    
      
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                    Agreement

                

        

         

      

       

    

    
      	 	
              C.

            	
              Customer's
                use of the Space, installation of Equipment and access to the GDC
                shall at
                all times be subject to Customer's adherence to the generally accepted
                industry standards, security rules and rules of conduct established
                by
                Alchemy for the GDC. Except where advanced written permission has
                been
                given by Alchemy, Customer's access to the GDC shall be limited to
                the
                individuals identified and authorized by Customer to have such access.
                Customer agrees not to erect any signs or devices to the exterior
                portion
                of the Space without submitting the request to Alchemy and obtaining
                Alchemy's written approval.

            

    

    

    
      	 	
              D.

            	
              Customer
                may not provide, or make available to any third party, space within
                Collocation Space without Alchemy's prior written consent. If Customer
                should provide, or make available to any third party, space within
                the
                Collocation Space without obtaining the written consent of Alchemy,
                Customer shall be in breach of this Agreement and Alchemy may pursue
                any
                legal or equitable remedy, including but not limited to the immediate
                termination of this Agreement.

            

    

    

    
      	 	
              E.
                

            	
              Customer
                is responsible for maintaining the cleanliness of the Collocation
                Space.
                There shall be no trash or dust allowed to accumulate within the
                Space.
                Neither food nor drink is permitted within the Collocation area,
                including
                within individual cages. 

            

    

    

    F. Customer's
      use of Alchemy services shall at all times comply with Alchemy's then-current
      Acceptable Use Policy, as amended by Alchemy from time to time. The sending
      of
      unsolicited bulk email is specifically forbidden under this Agreement. Customer
      activities that result in IP address blocking, filtering, or other such actions
      by outside third party entities which cause Alchemy or any of Alchemy’s other
      customers to be negatively impacted is also specifically forbidden under this
      Agreement. If Customer is found by Alchemy to be in violation of any part of
      this section, Alchemy has the right to immediately terminate services to
      customer and/or this Agreement.

    

    
      	 	
              G.

            	
              Customer
                is responsible for retrieving entry passes from its terminated employees
                or others whom Customer no longer wishes to have access to its Collocation
                space. 

            

    

    

    
      	 	
              H.

            	
              Alchemy
                shall not arbitrarily or discriminatorily require Customer to relocate
                the
                Equipment; however, upon sixty (60) days prior written notice or,
                in the
                event of an emergency, such time as may be reasonable, Alchemy reserves
                the right to change the location of the Space or the GDC to a site
                which
                shall afford comparable environmental conditions for the Equipment
                and
                comparable accessibility to the Equipment. Alchemy and Customer will
                work
                together in good faith to minimize any disruption of Customer's services
                as a result of such relocation. Alchemy shall be responsible for
                the cost
                of improving the Space to which the Equipment may be relocated, and
                for
                relocation of Equipment interconnected to Alchemy services, except
                that
                Alchemy shall not be responsible for relocating facilities installed
                in
                violation of this Agreement.

            

    

    

    
      
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                  Alchemy
                    Gigabit Data Center Agreement - Confidential

                	
                  Service
                    Agreement

                

        

         

        
        

      

    

    
      	 	
              I.

            	
              All
                equipment brought into or taken out of the GDC facility must be cleared
                through Alchemy's equipment control system. Alchemy shall not be
                held
                responsible for the condition of equipment shipped to the GDC that
                arrives
                in damaged condition.

            

    

    

    

    11.
      INSURANCE

    

    
      	 	
              A.

            	
              If
                Space is contracted for, Customer agrees to maintain, at Customer's
                expense, during the entire period of occupancy, for each Collocation
                Space
                (i) Comprehensive General Liability Insurance for bodily injury or
                property damage, in an amount not less than one million dollars per
                occurrence; (ii) Workers' Compensation Insurance, with a limit not
                less
                than five hundred thousand dollars Bodily Injury each accident (iii)
                "All
                Risk" Property insurance covering all of Client's personal property
                located at the GDC, (iv) commercial automobile liability insurance
                (bodily
                injury and property damage) in an amount not less than one million
                dollars
                per accident for all vehicles including owned, non-owned, leased
                and hired
                vehicles; (v) Errors and Omissions insurance. All property insurance
                covering customer's property located in the GDC premises shall expressly
                waive any right of subrogation on the part of the insurer against
                Alchemy,
                its officers, directors employees, agents and contractors. Customer
                further agrees to name Alchemy and the party from whom Alchemy leases
                its
                GDC space, as "Additional Insured" on the appropriate
                policies.

            

    

    

    
      	 	
              B.

            	
              A
                reputable insurance company authorized to do business in the state
                of
                California shall issue all policies subject to this provision. Prior
                to
                installation of equipment in Customer's collocation space, customer
                shall
                furnish Alchemy with certificates of insurance which evidence the
                minimum
                levels of insurance set forth herein. Customer shall not materially
                alter
                or cancel insurance relating to GDC occupancy without notification
                to
                Alchemy of not less than thirty days.

            

    

    

    

    12.
      REPRESENTATIONS AND WARRANTIES OF CUSTOMER

    

    
      	 	
              A.

            	
              Equipment:
                Customer represents and warrants that it owns or has the legal right
                and
                authority, and will continue to own or have such right and authority
                during the term of this Agreement, to place and use the Customer
                Equipment
                as contemplated by this Agreement. Customer further represents and
                warrants that its placement, arrangement, and use of the Customer
                Equipment in the Gigabit Data Center complies with the Customer Equipment
                Manufacturer's environmental and other
                specifications.

            

    

    

    
      
        ________
          Initial

        
        

      

      
        Page
          9

        
          

        

      

      
        
        

      

      
         

        
          	
                  Alchemy
                    Gigabit Data Center Agreement - Confidential

                	
                  Service
                    Agreement

                

        

         

         

      

    

    
      	 	
              B.

            	
              Customer's
                Business: Customer represents and warrants that Customer's services,
                products, materials, data, information and equipment used in connection
                with this Agreement and Customer's use of GDC Services (collectively,
                "Customer's Business") does not as of the Installation Date, and
                will not
                during the term of this Agreement operate in any manner that would
                violate
                any applicable federal, state or local law or regulation or infringe
                in
                any way upon the rights of third
                parties.

            

    

    

    
      	 	
              C.

            	
              Breach
                of Warranties: In the event of any breach, or reasonably anticipated
                breach, of any of the foregoing warranties, in addition to any other
                remedies available in law or equity, Alchemy shall have the right,
                at
                Alchemy's sole discretion, to suspend any related GDC Services if
                deemed
                reasonably necessary by Alchemy to prevent any harm to its business.
                

            

    

    

    

    13.
      DISCLAIMERS AND LIMITATION OF LIABILITY

    

    
      	 	
              A.

            	
              The
                collocation space is accepted "as is" by customer. Customer acknowledges
                that no representation has been made by alchemy as to the fitness
                of the
                collocation space for customer's intended purpose. Except for the
                warranties set forth in this article, there are no warranties, whether
                express, implied, oral, or written, with respect to the collocation
                space
                or services covered or furnished pursuant to this agreement, including
                but
                not limited to, any implied warranty of merchantability or fitness
                for a
                particular purpose. Moreover, the remedies provided in this article
                are
                exclusive and in lieu of all other
                remedies.

            

    

    

    
      	 	
              B.

            	
              Customer
                and its representatives visit the GDC at their own risk and Alchemy
                assumes no liability for any harm to such persons resulting from
                any cause
                other than Alchemy's negligence or willful misconduct resulting in
                personal injury to such visitors.

            

    

    

    
      	 	
              C.

            	
              Alchemy
                assumes no liability for damage or loss relating to customers business.
                To
                the extent Alchemy is liable for any damage to or loss of Customer's
                equipment, such liability shall be limited solely to the then-current
                value of Customer's equipment.

            

    

    

    
      	 	
              D.

            	
              The
                liability of Alchemy for damages arising out of the services provided
                herein, including, without limitation, mistakes, omissions, interruptions,
                delays, tortious conduct or errors, or failure to furnish space,
                whether
                caused by acts of commission or omission, shall be limited to a prorated
                refund of the charges paid by client for the use of the space. The
                receipt
                of such refunds shall be the sole remedy afforded to customer.
                

            

    

    

    
      
        ________
          Initial

        
        

      

      
        Page
          10

        
          

        

      

      
        
        

      

      
         

        
          	
                  Alchemy
                    Gigabit Data Center Agreement - Confidential

                	
                  Service
                    Agreement

                

        

         

         

      

    

    
      	 	
              E.

            	
              Customer
                is responsible for providing Alchemy with emergency contacts, including
                phone numbers and pager numbers. Alchemy shall use reasonable efforts
                to
                contact Customer in the event of a malfunction affecting Customer’s
                equipment (e.g. a power outage affecting Customer’s equipment). However,
                Alchemy shall not be liable for damage, which may occur as a result
                of an
                inability to make contact with Customer’s emergency
                representative.

            

    

    

    

    14.
      CONFIDENTIAL INFORMATION

    

    
      	 	
              A.

            	
              Each
                party acknowledges that it will have access to certain confidential
                information of the other party concerning the other party's business,
                plans, customers, technology, and products, including the terms and
                conditions of this Agreement ("Confidential Information"). Confidential
                Information will include, but not be limited to, each party's proprietary
                software and customer information. Each party agrees that it will
                not use
                in any way, for its own account or the account of any third party,
                except
                as expressly permitted by this Agreement, nor disclose to any third
                party
                (except as required by law or to that party's attorneys, accountants
                and
                other advisors as reasonably necessary), any of the other party's
                Confidential Information and will take reasonable precautions to
                protect
                the confidentiality of such
                information.

            

    

    

    
      	 	
              B.

            	
              Information
                will not be deemed Confidential Information hereunder if such information:
                (i) is known to the receiving party prior to receipt from the disclosing
                party directly or indirectly from a source other than one having
                an
                obligation of confidentiality to the disclosing party; (ii) becomes
                known
                (independently of disclosure by the disclosing party) to the receiving
                party directly or indirectly from a source other than one having
                an
                obligation of confidentiality to the disclosing party; (iii) becomes
                publicly known or otherwise ceases to be secret or confidential,
                except
                through a breach of this Agreement by the receiving party; or (iv)
                is
                independently developed by the receiving party.

            

    

    

    

    15.
      NON-SOLICITATION

    

    Customer
      understands and acknowledges that; due to the highly technical nature of
      Alchemy's business Alchemy would suffer significant financial damage from the
      loss of GDC or other Alchemy employees. Therefore, Customer agrees that it
      shall
      refrain, during the term of this Agreement and for a period of one year after
      the expiration of this Agreement, from directly or indirectly employing or
      seeking or attempting to employ or solicit for employment, in any capacity
      (whether as a full or part time employee or as a consultant or independent
      contractor) any person who is employed at Alchemy. 

    

    
      
        ________
          Initial

        
        

      

      
        Page
          11

        
          

        

      

      
        
        

      

      
         

        
          	
                  Alchemy
                    Gigabit Data Center Agreement - Confidential

                	
                  Service
                    Agreement

                

        

         

         

      

    

    16.
      EXCUSED PERFORMANCE

    

    Neither
      Party shall be liable to the other Party under this Agreement for any failure
      nor delay in performance that is due to causes beyond its reasonable control,
      including but not limited to, acts of nature, governmental actions, fires,
      civil
      disturbances, interruptions of power, or transportation problems. 

    

    

    17.
      ASSIGNMENTS OR TRANSFER

    

    Customer
      shall not assign or transfer the rights or obligations associated with this
      Agreement, in whole or in part, without Alchemy's prior written consent.

    

    

    18.
      PUBLICITY

    

    Customer
      shall not use Alchemy's name in publicity or press releases without Alchemy's
      prior written consent. 

    

    

    19.
      LIMITATION OF LIABILITY

    

    
      	 	
              A.

            	
              In
                no event shall Alchemy or any of its officers, directors, agents,
                contractors or employees, be liable for any loss of profit or revenue
                or
                for indirect, incidental, special, punitive or exemplary damages
                incurred
                or suffered by Customer arising from or pertaining to Customer's
                use or
                occupancy of the Collocation Space including, without limitation,
                damages
                arising from interruption of electrical power or HVAC services.
                

            

    

    

    
      	 	
              B.

            	
              Customer
                shall indemnify and hold harmless Alchemy, its officers, directors,
                agents, contractors and employees, from and against any and all third
                party claims, costs, expenses or liabilities arising from or in
                connections with Customer's use of the GDC facility. Customer further
                agrees to indemnify Alchemy against Customer's acts of negligence
                resulting in damage to third parties.

            

    

    

    

    20.
      FORCE MAJEURE

    

    Neither
      party shall be deemed in default of this Agreement to the extent that
      performance of their obligations or attempts to cure any breach were delayed
      or
      prevented by acts of nature, including earthquakes and floods, fire, natural
      disaster, accident, acts of government, labor strikes or any other cause beyond
      the control of such party. 

    

    

    
      
        ________
          Initial

        
        

      

      
        Page
          12

        
          

        

      

      
        
        

      

      
         

        
          	
                  Alchemy
                    Gigabit Data Center Agreement - Confidential

                	
                  Service
                    Agreement

                

        

         

        
        

      

    

    21.
      GOVERNING LAW 

    

    This
      Agreement shall be governed and construed by the laws of the State of California
      except as they pertain to its conflict of law provisions. The courts of the
      State of California, County of Los Angeles shall have jurisdiction over any
      legal disputes relating to or in connection with this Agreement. 

    

    

    22.
      ENTIRE AGREEMENT

    

    This
      Agreement constitutes the entire understanding between the parties and
      supercedes all other agreements, whether written or oral. This Agreement may
      not
      be modified except in a writing, which is signed, by both parties or their
      duly
      authorized representatives.

    

    

    23.
      NOTICE

    

    Any
      and
      all notices to be provided under this agreement shall be in writing. Notice
      shall be considered received, delivered and effective three (3) business days
      following posting when mailed, postage prepaid, by United States mail (certified
      or registered mail, return receipt requested), addressed to the party to be
      notified. If delivered in person, notice shall be considered received, delivered
      and effective the date so delivered. For purposes of notice, the addresses
      of
      the parties, until changed as herein provided, shall be as follows. If intended
      for Alchemy, shall be addressed: Alchemy Communications, Inc., 1200 West
      7th
      Street,
      Suite L1-100, Los Angeles, CA 90017, attention: Jamie Daquino; with a copy
      addressed to: Alchemy Communications, Inc., 1200 West 7th
      Street,
      Suite L1-100, Los Angeles, CA 90017, attention: Zane Alsabery. If intended
      for
      Customer, shall be addressed: 6300 Canoga Ave, 15th
      Floor,
      W.H. CA 91367 , attention: _____________________. Any party hereto, by written
      notice to the other party, may change the address for notices to be sent to
      them. 

     

    
      	
              Zane
                Alsaberry                             
                4/29/05

              Alchemy
                Signature                        
                Date

              Zane
                Alsaberry   

              Alchemy
                Name (printed)

              CEO     

              Alchemy
                Title

               

              Alchemy
                Communications, Inc.

            	
              Nolan
                Quan                           
                4/27/05

              Customer
                Signature                
                Date

              Nolan
                Quan    

              Customer
                Name (printed)

              President
                    

              Customer
                Title

              Accessmedia
                Networks, Inc.  

              Company

            
	 	 

    

     

     

    
 

    ________
      Initial

    Page
      13Exhibit 10.1

Oil-Dri Corporation of America
 Annual Incentive Plan
(As Amended and Restated Effective August 1, 2006)

	
  
I.
  	
  
Purpose
  
	
  
 
  	
  
 
  
	
  
 
  	
  
To provide   eligible Salaried Employees with an annual incentive opportunity based on the   potential contribution level of each position and to reward individuals for   outstanding Company and individual performance, thereby allowing the Company   to attract and retain the high quality of human resources needed to   successfully operate its business.
  
	
  
 
  	
  
 
  
	
  
II.
  	
  
Definitions
  
	
  
 
  	
  
 
  
	
   
  	
  
A.
  	
  
Base Salary   means the regular base salary actually paid by the Company to a participant   during the Fiscal Year while the participant was an active employee or on   authorized leave of absence, subject to the following:
  
	
  
 
  	
  
 
  	
  
          (i)          The   base salary for a participant on a military leave of absence granted under   the Company’s military leave policy shall be adjusted to include the base   salary which the participant would have received during the Fiscal Year had   he or she not been on military leave;
  
	
  
 
  	
  
 
  	
  
          (ii)          The   base salary for a participant on an authorized leave of absence, other than a   military leave, who is receiving compensation from a third party on account   of such authorized leave of absence (for example, payment from the Company’s   workers’ compensation insurance carrier or a state disability insurance   program) shall be adjusted to include up to three months, but no more than   three months, of the base salary which the participant would have received   during the Fiscal Year had he or she not been on authorized leave of absence.
  
	
  
 
  	
  
 
  	
  
Base Salary   also includes overtime pay received by a participant who is not exempt from   the overtime pay requirements of the Fair Labor Standards Act. Base Salary   does not include:  Plan awards; other   incentive awards or bonuses, whether short or long-term in nature;   commissions; disability benefit payments or salary paid for a period   exceeding three months while a participant is on an authorized leave of   absence (or multiple leaves of absence), other than a military leave; imputed   income from such programs as life insurance; or nonrecurring payments.  Base Salary is determined without regard   to any reductions for such items as before-tax contributions under Sections   401(k), 125 and 129 (flexible benefit plan contributions, including FSAs), or   132 (qualified transportation expenses) of the Internal Revenue Code of 1986,   as amended, or income deferred under a non-qualified deferred compensation   plan sponsored by the Company, or
similar reductions under the tax laws of   other countries.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
B.
  	
  
CEO   means the Chief Executive Officer of the Company.
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
C.
  	
  
Compensation   Committee means the Compensation Committee of the   Company’s Board of Directors.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
D.
  	
  
Company   means Oil-Dri Corporation of America and its subsidiaries participating in   the Plan, as may be designated by the CEO from time to time, and their   respective successors and legal representatives.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
E.
  	
  
Corporate   Financial Performance refers to the relationship   between the Company’s designated performance targets and the achievement of,   or failure to achieve, those targets.
  

	
   
  	
  
F.
  	
  
Executive   Officers means the Company’s executive officers as   defined in the Securities Exchange Act of 1934, as amended, and the rules   thereunder, as well as the Company’s controller or other principal accounting   officer.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
G
  	
  
Fiscal Year   means the Company’s Fiscal Year beginning August 1 and ending July 31.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
H.
  	
  
Plan   means the Oil-Dri Corporation of America Annual Incentive Plan as amended   from time to time.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
I.
  	
  
Salaried   Employee means a regular full- or part-time employee   hired by the Company prior to July 1st of the Fiscal Year and paid on a   salaried basis or paid on an hourly basis for clerical or professional   duties.  The term does not include   employees paid on an hourly basis for work which is not clerical or   professional, temporary employees, interns, and individuals classified by the   Company as independent contractors.
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
J.
  	
  
Special   Performance refers to the relationship between an   individual’s, department’s or division’s designated performance targets and   the achievement of, or failure to achieve, those targets.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
III.
  	
  
Employees   Covered By This Plan
  
	
  
 
  	
  
 
  
	
  
 
  	
  
This Plan   covers, for any Fiscal Year, those Salaried Employees designated as   participants by the CEO.  The CEO also   shall be a participant in the Plan unless the Compensation Committee, due to   its approval of an alternative short-term incentive arrangement or otherwise,   determines that the CEO shall not be covered by the Plan for a particular   Fiscal Year or particular Fiscal Years.
  
	
  
 
  	
  
 
  
	
  IV.
  	
  
Performance   Measures, Targets and Payout Ranges
  
	
  
 
  	
  
 
  
	
  
 
  	
  
The   performance measures, targets and payout ranges used under the Plan for   incentive purposes shall be established for each Fiscal Year based on the   Company’s annual business plan.  The   performance measures, targets and payout ranges shall be approved by the CEO.
  
	
  
 
  	
  
 
  
	
  
V.
  	
  
Role of   Compensation Committee
  
	
  
 
  	
  
 
  
	
  
 
  	
  
A.
  	
  
The   Compensation Committee is responsible to set the compensation payable to the   CEO, including compensation payable under the Plan; the CEO shall have no   discretion to make adjustments to awards payable to himself under the Plan.
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
B.
  	
  
The CEO is   responsible to supervise compensation payable under the Plan and to exercise   authority and discretion as specified in the Plan for all other employees,   including the Executive Officers, except as specified below in sub-section C.   and in the second paragraph of Section X.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
C.
  	
  
The   Compensation Committee shall have the general authority to review and   determine the reasonableness of the Target Bonus as a Percent of Base Salary,   performance measures and payout ranges (and any changes thereto) under the   Plan, as these relate to the total compensation of the Executive Officers.
  

	
  
VI.
  	
  
Corporate   Financial Performance Award
  
	
  
 
  	
  
 
  
	
   
  	
  
Up to 100%   of a participant’s bonus opportunity may be based upon Corporate Financial   Performance.
  
	
  
 
  	
  
 
  
	
  
 
  	
  
A   participant in the Plan shall be entitled to a Corporate Financial Performance   Award computed in accordance with the following formula:
  

	
  
Percent of   Target Bonus Subject to Corporate
   Financial
   Performance
  	
  
x
  	
  
Target
   Bonus as a
   Percent of
   Base Salary
  	
  
x
  	
  
Percent of
   Corporate Financial
   Performance Bonus
   Earned
  	
  
x
  	
  
Base
   Salary
  	
  
=
  	
  
Corporate
   Financial
   Performance
   Award
  

	
  
 
  	
  
Where:
  
	
  
 
  	
  
 
  
	
  
 
  	
  
•
  	
  
“Percent of   Target Bonus Subject to Corporate Financial Performance” shall range from 0%   to 100% and may vary from Fiscal Year to Fiscal Year.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
•
  	
  
“Target   Bonus as a Percent of Base Salary” is determined for the particular position   or salary grade for each Fiscal Year.
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
•
  	
  
“Target   Bonus” is a participant’s Target Bonus as a Percent of Base Salary multiplied   by the participant’s Base Salary.  If   corporate target(s) and individual and/or departmental or divisional targets   are achieved but not exceeded in a Fiscal Year, a participant’s combined   Corporate Financial Performance Bonus, Special Performance Bonus and   Executive Deferred Bonus will be 100% of Target Bonus, subject to the   participant’s satisfaction of all requirements for entitlement and any   adjustments made due to extraordinary circumstances or otherwise.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
•
  	
  
“Base   Salary” is defined in Section II A.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
•
  	
  
“Percent of   Corporate Financial Performance Bonus Earned” ranges from 0% to 200% and is   determined by the relationship of actual achievement to targeted achievement   at the corporate level.  Actual   achievement which is below the range of Corporate Financial Performance   established for awards will result in no award based on that particular   financial measure or combination of measures.  For actual performance within the established range of   Corporate Financial Performance, a payout range (which may vary from 0% to   200% of Target Bonus) is established.    The relationship of actual achievement to the performance range will   be determined based on guidelines established each year.
  
	
   
  	
  
 
  	
  
 
  
	
  
VII.
  	
  
Special   Performance Award
  
	
  
 
  	
  
 
  
	
  
 
  	
  
A   participant may be eligible for an award dependent on Special Performance   which may include or may be exclusively individual, departmental and/or   divisional performance.  Participant   eligibility for a Special Performance Award is determined by the CEO or his   or her designee.  Up to 100% of a   participant’s bonus opportunity may based upon Special Performance.
  
	
  
 
  	
  
 
  
	
  
 
  	
  
For each   participant who is eligible for a Special Performance Award, individual,   departmental and/or divisional goals shall be established for the Fiscal Year   and communicated to the participant.    After the end of a Fiscal year, each participant’s achievement of such   goals will be evaluated and a Special Objectives Achievement Percentage from   0% to 200% will be recommended, reflecting the achievement of the individual,   departmental and/or divisional goals during such Fiscal Year.
  

	
  
 
  	
  
A   participant shall be entitled to a Special Performance Award computed as   follows:
  

	
  
Percent of   Target
   Bonus Subject to
   Special
   Performance
  	
  
x
  	
  
Target
   Bonus as a
   Percent of
   Base Salary
  	
  
x
  	
  
Percent of
   Special Objectives
   Earned
  	
  
x
  	
  
Base
   Salary
  	
  
=
  	
  
Special
   Performance
   Award
  

	
  
 
  	
  
Where:
  
	
  
 
  	
  
 
  
	
  
 
  	
  
•
  	
  
“Percent of   Bonus Subject to Special Performance” shall range from 0% to 100% and may   vary from Fiscal year to Fiscal Year.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
•
  	
  
“Target   Bonus as a Percent of Base Salary” is determined for the particular position   or salary grade each Fiscal Year
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
•
  	
  
“Target   Bonus” is a participant’s Target Bonus as a Percent of Salary multiplied by   the participant’s Base Salary.  If   corporate target(s) and individual and/or departmental or divisional goals   are achieved but not exceeded in a Fiscal Year, a participant’s combined   Corporate Financial Performance Bonus, Special Performance Bonus and   Executive Deferred Bonus will be 100% of Target Bonus, subject to the participant’s   satisfaction of all requirements for entitlement and any adjustments made due   to extraordinary circumstances or otherwise.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
•
  	
  
“Base   Salary” is defined in Section II A.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
•
  	
  
“Percent of   Special Objectives Earned “ is determined by the performance of the   individual, department and/or division against established special   goals.  The percent earned may also be   dependent on established levels of Corporate Financial Performance.  The Percent of Special Objectives Earned   may range from 0% to 200% if the Special Performance Bonus and the Corporate   Financial Performance Bonus are independent of one another.  If the Special Performance Bonus and the   Corporate Financial Performance Bonus are integrated, the Percent of Special   Objectives Earned may be negative so that the total bonus earned may be as   low as zero.
  
	
   
  	
  
 
  	
  
 
  
	
  
VIII.
  	
  
Executive   Deferred Bonus Award
  
	
  
 
  	
  
 
  
	
  
 
  	
  
Participant   eligibility for an Executive Deferred Bonus Award is determined by the CEO or   his or her designee.  Up to 100% of a   participant’s bonus opportunity may be in the form of an Executive Deferred   Bonus.  Payment of Executive Deferred   Bonus Awards is deferred until the vesting date(s) established for each   Fiscal Year’s award.
  
	
  
 
  	
  
 
  
	
  
 
  	
  
A   participant in the Plan shall be entitled to an Executive Deferred Bonus   Award computed in accordance with the following formula:
  

	
  Percent of   Target
   Bonus Payable as
   Executive Deferred
   Bonus
  	
  
x
  	
  
Target Bonus
   as a Percent of
   Base Salary
  	
  
x
  	
  
Percent of
   Executive
   Deferred Bonus
   Earned
  	
  
x
  	
  
Base
   Salary
  	
  
=
  	
  
Executive
   Deferred
   Bonus
   Award
  

	
  
 
  	
  
Where:
  
	
  
 
  	
  
 
  
	
  
 
  	
  
•
  	
  
“Percent of   Target Bonus Payable as Executive Deferred Bonus” shall range from 0% to 100%   and may vary from Fiscal Year to Fiscal Year.
  

	
  
 
  	
  
•
  	
  
“Target   Bonus as a Percent of Base Salary” is determined for the particular position   or salary grade for each Fiscal Year.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
•
  	
  
“Target   Bonus” is a participant’s Target Bonus as a Percent of Salary multiplied by   the participant’s Base Salary.  If   corporate target(s) and individual and/or departmental or divisional goals   are achieved but not exceeded in a Fiscal Year, a participant’s combined   Corporate Financial Performance Bonus, Special Performance Bonus and   Executive Deferred Bonus will be 100% of Target Bonus, subject to the   participant’s satisfaction of all requirements for entitlement and any   adjustments made due to extraordinary circumstances or otherwise.
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
•
  	
  
“Base   Salary” is defined in Section II A.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
•
  	
  
“Percent of   Executive Deferred Bonus Earned” ranges from 0% to 200% and is determined by   the relationship of actual achievement to targeted achievement of established   goals.  Goals may be Corporate   Financial Performance goals, special performance goals for the participant   and/or the participant’s department or division or a combination of Corporate   Financial Performance and special performance goals.  A specific level of Corporate Financial   Performance may be required before any Executive Deferred Bonus can be   awarded.  For actual performance   within the established goals, a payout range (which may vary from 0% to 200%   of Target Bonus) is established. The CEO has complete discretion to adjust   individual awards downward or upward, depending on the participant’s   individual performance and/or the performance of the participant’s department   or division.  The relationship of   actual achievement to
the performance range will be determined based on   guidelines established each year.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
Accounts and   Interest:
  
	
   
  	
  
 
  
	
  
 
  	
  
•
  	
  
The Company   shall establish a bookkeeping account for each participant reflecting   Executive Deferred Bonus Awards and any distributions to the participant,   together with any adjustments for earnings.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
•
  	
  
Until   distributed, Executive Deferred Bonus Awards shall earn interest at a rate   equal to the Company’s long-term borrowing cost plus one percent.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
•
  	
  
The Company   shall provide each participant as soon as practicable after the end of each   Fiscal Year with a statement of his or her account as of the last business   day of the Fiscal Year, reflecting the amounts of Executive Deferred Bonus   awarded, interest, and distributions of such account since the prior   statement.
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
Payout of   Executive Deferred Bonus Awards:
  
	
  
 
  	
  
 
  
	
  
 
  	
  
•
  	
  
Executive   Deferred Bonus Awards shall vest (become payable) according to the vesting   schedule established for each Fiscal Year.    Awards shall be paid as soon as administratively practicable after   they vest but in no event later than March 15th of the calendar   year following the calendar year in which they vest.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
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Except as   specified below, no Executive Deferred Bonus Award shall be paid to any   participant who is not employed by the Company on the date the award   vests.  However, awards shall be   immediately 100% vested and immediately payable except as otherwise indicated   below if the participant:
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
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Dies;
  

	
  
 
  	
  
 
  	
  
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Retires and   (1) he or she is eligible for an immediate benefit under a Company sponsored   defined benefit pension plan and (2) his or her age plus years of service on   the date of retirement equals at least 80; provided, however, that if the   participant is a “specified employee” (as defined in proposed Treasury   Regulation section 1.409A-1(i), as such regulation may subsequently be   finalized), such award shall not be payable until six months and one day   following the date of such participant’s “separation from service” (as   defined in proposed Treasury Regulation section 1.409A-1(h), as such   regulation may subsequently be finalized.)    A termination for cause or for poor performance will not be considered   a retirement regardless of the age or years of service of the participant;
  
	
   
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
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Becomes   permanently disabled as defined under the Company’s long-term disability   plan.
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
In addition,   awards shall be immediately 100% vested and payable upon a change in control   of the Company as defined in the Company’s 2006 Long Term Incentive Plan or   any successor plan thereto.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
IX.
  	
  
Individual   Discretionary Adjustment
  
	
   
  	
  
 
  
	
  
 
  	
  
The CEO may   at his or her sole discretion increase or decrease any participant’s Percent   of Corporate Financial Performance Bonus Earned by up to 25 points, provided   that:  (a) the Company achieves the   minimum level of performance necessary to achieve an award for Corporate   Financial Performance; (b) the combination of any Corporate Financial   Performance, Special Performance and Executive Deferred Bonus Award(s) after   giving effect to the individual discretionary adjustment would not exceed   200% of the participant’s Target Bonus; and (c) any such increases or   decreases will not increase or decrease the total dollar amount of awards   earned under the Plan by all participants.    For example, if, per the Corporate Financial Performance measure(s),   75% of the Corporate Financial Performance Bonus has been earned, the CEO may   adjust a participant’s Percent of Corporate Financial Performance Bonus   Earned to as little as
50% or as much as 100%.
  
	
  
 
  	
  
 
  
	
  
X.
  	
  
Changes to   Target and Other Adjustments
  
	
  
 
  	
  
 
  
	
  
 
  	
  
The  CEO may at any time prior to the final   determination of awards, change the performance measures, targets and payout   ranges used for incentive purposes if, in the judgment of the CEO, such   change is desirable in the interest of equitable treatment of the   participants and the Company as a result of extraordinary or nonrecurring   events, changes in applicable accounting rules or principles, changes in the   Company’s methods of accounting, changes in applicable law, changes due to   consolidation, acquisitions, reorganization, stock split or stock dividends,   combination of shares or other changes in the Company’s corporate structure   or shares, significant, unanticipated changes in general economic or market   conditions, or any other change in circumstances or event.
  
	
   
  	
  
 
  
	
  
 
  	
  
Further, the   CEO may at his or her discretion adjust, upward or downward, any award   otherwise payable under the Plan, provided that after such adjustment the   total of all awards to the participant under the Plan would not exceed 200%   of the participant’s Target Bonus and further provided that any such   adjustment of an award to the CEO shall be determined by the Compensation   Committee and any such adjustment of an award to an Executive Officer shall   be reviewed for reasonableness by the Compensation Committee.
  
	
  
 
  	
  
 
  
	
  
 
  	
  
Further, the   Compensation Committee may, for a specific Fiscal Year or Fiscal Years, grant   to the CEO discretionary authority to make adjustments, including adjustments   in addition to those stated in the Plan, to the performance measure(s),   targets and payout ranges, or awards to individual participants including the   Executive Officers, provided that in no event will the CEO be granted   authority to make total awards under the Plan to any participant which exceed   200% of the participant’s Target Bonus.
  

	
  XI.
  	
  
Computation   and Disbursement of Awards
  
	
  
 
  	
  
 
  
	
  
 
  	
  
As soon as   administratively practicable after the close of a Fiscal Year, the CEO or his   or her designee will review and approve for each participant a final   Corporate Financial Performance Award;    a Special Objectives Achievement Percentage and Special Performance   Award, if any; an Executive Deferred Bonus Award, if any; and an Individual   Discretionary Award, if any.  Payment   of the awards shall be made thereafter.    All payments of awards shall be subject to applicable payroll taxes   and withholding.
  
	
  
 
  	
  
 
  
	
  
XII.
  	
  
Partial   Awards
  
	
  
 
  	
  
 
  
	
  
 
  	
  
A   participant who is not an active employee for the entire Fiscal Year shall be   entitled to payment of a partial award computed in accordance with Sections   VI, VII, VIII and IX and based on Base Salary for the Fiscal Year if, prior   to the end of such Fiscal Year, the participant:
  
	
   
  	
  
 
  
	
  
 
  	
  
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Dies;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
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Retires at   or after age 55 with at least 10 years of service or at or after age 60 with   at least five years of service.  A   termination for cause or for poor performance will not be considered a   retirement regardless of the age or years of service of the participant;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
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Becomes   permanently disabled as defined under the Company’s long-term disability   plan;
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
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Transfers to   a position not eligible for participation in the Plan;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
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Enters   active duty military service in the Armed Forces of the United States;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
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Takes an   approved leave of absence,
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
provided   that the participant was an active employee for a minimum of three   consecutive calendar months during such Fiscal Year.  Such partial awards shall be paid when   payments of awards for such Fiscal Year are made, or such earlier date as may   be approved by the CEO.
  
	
   
  	
  
 
  
	
  
 
  	
  
An employee   who is hired as a Salaried Employee during the first eleven months of a   Fiscal Year, who is designated as eligible to participate, and who is   employed through the end of such Fiscal Year shall be eligible for an award   based on his or her Base Salary during such Fiscal Year while eligible to   participate.  An employee who is   transferred during a Fiscal Year to a position as a Salaried Employee   eligible to participant in the Plan from another position with the Company or   its subsidiaries and who is employed through the end of such Fiscal Year   shall be eligible for an award based on his or her Base Salary during such   Fiscal Year while eligible to participate, regardless of when the transfer   takes place.
  
	
  
 
  	
  
 
  
	
  
 
  	
  
No partial   award shall be payable under any circumstances other than those described in   this Section, except with the express approval of the CEO.
  
	
  
 
  	
  
 
  
	
  
XIII.
  	
  
Employment   on Payment Date Requirement
  
	
  
 
  	
  
 
  
	
   
  	
  
Except as   specified in Sections VIII and XII above, no award shall be payable to any   participant who is not employed by the Company on the date payment of awards   for the Fiscal Year being paid is made, except with the express approval of   the CEO.
  

 

 	
  
 
  	
  
 
  	
  
 
  
	
  
XIV.
  	
  
Administration
  
	
  
 
  	
  
 
  
	
  
 
  	
  
This Plan   shall be administered by the Human Resources Department of the Company,   subject to the control and supervision of the CEO.  The CEO shall have discretionary authority to construe and   interpret the Plan and decide all cases of eligibility and entitlement to   benefits.  Such determinations shall   be final and binding.
  
	
  
 
  	
  
 
  
	
  
XV.
  	
  
No   Employment Contract or Obligation to Continue Plan
  
	
  
 
  	
  
 
  
	
   
  	
  
Participation   in this Plan shall not confer upon any participant any right to continue in   the employ of the Company nor interfere in any way with the right of the   Company to terminate any participant’s employment at any time.  The Company is under no obligation to continue   the Plan in future Fiscal Years.
  
	
  
 
  	
  
 
  
	
  
XVI.
  	
  
Amendment or   Termination
  
	
  
 
  	
  
 
  
	
  
 
  	
  
The Company   may at any time (a) amend, alter or modify the provisions of this Plan, (b)   terminate this Plan, or (c) terminate the participation of a group of   employees in this Plan provided, however, that in the event of termination of   this Plan or a termination of the participation of a group of employees   without cause, the Company shall provide partial awards to the affected   participants for the portion of the Fiscal Year during which such employees   were participants in this Plan, in a manner which the Company, in its sole   judgment, determines to be equitable to such participants and the Company.
  
	
  
 
  	
  
 
  
	
  
XVII.
  	
  
General   Provisions
  
	
   
  	
   
  
	
   
  	
  A.
  	
  No rights   under this Plan shall be assignable, either voluntarily or involuntarily by   way of encumbrance, pledge, attachment, levy or charge of any nature (except   as may be required by state or federal law).
  
	
   
  	
   
  	
   
  
	
   
  	
  B.
  	
  Nothing in   this Plan shall require the Company to segregate or set aside any funds or   other property for the purpose of paying any portion of an award.  No participant, beneficiary or other   person shall have any right, title or interest in any amount awarded under   the Plan prior to the payment of such award, or in any property of the Company   or its affiliates.

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