Document:

F-3

                                                                     EXHIBIT 4.2

                              [FACE OF CERTIFICATE]

                                     [LOGO]

TL

ORDINARY SHARES                                                  CUSIP M87482119

                                             SEE REVERSE FOR CERTAIN DEFINITIONS

                                   TEFRON LTD.

               INCORPORATED UNDER THE LAWS OF THE STATE OF ISRAEL

THIS CERTIFIES THAT

is the owner of

         FULLY PAID AND NON-ASSESSABLE ORDINARY SHARES OF NIS 10.00 EACH

of Tefron Ltd. transferable on the books of the Corporation by the holder hereof
in person or by duly authorized attorney upon surrender of this Certificate
properly endorsed. This Certificate and the shares represented hereby are issued
and shall be held subject to all the provisions of the Memorandum of Association
and Articles of Association and amendments thereto of the Corporation, to all of
which the holder by the acceptance hereof assents. This Certificate is not valid
unless countersigned and registered by the Transfer Agent and Registrar.

     In Witness Whereof, the Corporation has caused this Certificate to be
issued under the facsimile seal of the Corporation and the facsimile signature
of its duly authorized Director.

Dated:                                       BY:

                                             /s/ Yacov Gelbard
                                             -----------------------------------
                                             CHAIRMAN OF THE BOARD OF DIRECTORS

                                     [SEAL]

COUNTERSIGNED AND REGISTERED:

AMERICAN STOCK TRANSFER & TRUST COMPANY, LLC

                                           (NEW YORK, N.Y.)     TRANSFER AGENT

BY                                                                 AND REGISTRAR

AUTHORIZED SIGNATORY

                              [BACK OF CERTIFICATE]

                                   TEFRON LTD.

      The Corporation will furnish without charge to each shareholder who so
requests a complete statement of the powers, designations, preferences and
relative participating optional or other special rights of each class of stock
or series thereof and the qualifications, limitations or restrictions of such
preferences and/or rights. Any such request should be addressed to the
registered office of the Corporation.

      The following abbreviations, when used in the inscription on the face of
this certificate, shall be construed as though they were written out in full
according to applicable laws or regulations:

TEN COM - as tenants in common       UNIF GIFT MIN ACT-_______ Custodian _______

TEN ENT - as tenants by the                             (Cust)          (Minor)
          entireties

JT TEN - as joint tenants with right               under Uniform Gifts to Minors
         of survivorship and not as                        Act __________
         tenants in common                                      (State)

     Additional abbreviations may also be used though not in the above list.

For value received __________________ hereby sell, assign and transfer unto

PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF
ASSIGNEE ___________________________________________________________________

(Please print or typewrite name and address including postal zip code of
assignee _______________________________________________________ Ordinary Shares

represented by the within Certificate, and do hereby irrevocably constitute and
appoint ___________________________________________________________________

Attorney to transfer the said shares on the books of the within-named
Corporation with full power of substitution in the premises.

DATED, _________________________

________________________________________________________

NOTICE: The signature to this assignment must correspond with the name as
written upon the face of the Certificate, in every particular, without
alteration or enlargement, or any change whatever.

SIGNATURE(S) GUARANTEED:

________________________________________________________

THE SIGNATURE(S) MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS,
STOCKBROKERS, SAVING AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN
AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM), PURSUANT TO S.E.C. RULE
17Ad-15.ex10-1.htm

    
      

    

    Exhibit 10.1

     

    

    

     

     

     

    2009 Short Term Incentive
Plan (STIP)

     

    

     

    August
2009

     

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Internap Network Services
Corporation (the “Corporation”)

    2009 Short Term Incentive
Plan (the “2009 Plan”)

    

    The
purpose of the 2009 Plan is to:

    

    
      
        	 
      	
                §

              	
                Focus
      participants’ actions on the achievement of annual revenue growth, cash
      flow, customer service and profitability goals;

              
	 
      	
                §

              	
                Align
      participants’ actions with the accomplishment of key operational
      goals;

              
	 
      	
                §

              	
                Encourage
      and reward individuals for the achievement of specific personal and/or
      business unit objectives in support of the Corporation’s key annual
      objectives; and

              
	 
      	
                §

              	
                Maintain
      a competitive range of incentive compensation
    opportunities.

              

      

    

    

    The 2009
Plan supersedes and cancels all previous stand-alone short-term incentive plans
but does not supersede the Corporation’s Employment Security Plan or any terms
thereof.  It takes effect on January 1, 2009 and will expire on
December 31, 2009.

     

    Participation

    

    All Full
Time exempt and eligible non-exempt employees of the Corporation are entitled to
participate in the 2009 Plan.

    

    Participation
method differs among these groups.

    

    Employees
joining the Company after January 1, 2009 may be eligible to receive a pro-rated
bonus based on service date and performance.

    

    Key
Terms and Definitions

    

    Base
Salary is defined as annualized regular salary excluding any bonuses,
incentives, or allowances.

    

    Bonus
Elements are defined as the corporate and personal/business unit objectives
which comprise the individualized targets for the exempt, eligible
positions.  The corporate components are revenue, EBITDA and cash
flow.  The personal/business unit objectives are individualized for
each participant.

    

    Participation
Levels and Split between Corporate and Personal/Business Unit
Objectives

    

    The table
below identifies the target incentives as a percentage of base salary and the
split between corporate and personal/business unit objectives.

    

    
      
        
          
            	
                    STI Participation Level

                  	
                    Target Incentive

                    %

                  	
                    Corporate Objectives

                  	
                    Personal/BU Objectives

                  
	
                    Section
      16 Officer

                  	
                    Up
      to 100%

                  	
                    70

                  	
                    30

                  
	
                    Vice
      Presidents

                  	
                    Up
      to 50%,

                  	
                    70

                  	
                    30

                  
	
                    Directors
      and below

                  	
                    Up
      to 25%

                  	
                    50

                  	
                    50

                  
	
                    Non-exempt

                  	
                    Up
      to 10%

                  	
                    Discretionary

                  	
                    Discretionary

                  

          

        

      

    

    

    Form
of Awards

    

    All
awards granted pursuant to this 2009 Plan shall be paid in cash (local
currency).  

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    The
Compensation Committee retains the discretion to determine payment relative to
corporate objectives for all participants and the personal/business unit
objectives established for participants at the Vice President level and above,
after consideration of any recommendation by the Chief Executive
Officer.

    

    Payment
of the personal/business unit component for exempt employees below the Vice
President level is based on management’s assessment of the level of achievement
relative to their specific, measurable, pre-defined objectives.

    

    Payment
of the personal/business unit component for non-exempt employees is based on
management’s discretionary evaluation of individual performance.

     

    Termination
of Employment

     

    If a
participant is no longer an employee for whatever reason (other than death or
disability), on the date awards from the 2009 Plan are paid, the participant
shall forfeit all rights to any payments under the 2009 Plan.  Awards
from the 2009 Plan are not earned until they are paid.  In no event will
payments from the 2009 Plan be accelerated.

    

    In the
event of termination due to either death or disability, the Compensation
Committee of the Board of Directors may at its discretion determine whether any
payment will be made to the participant under the 2009 Plan.

    

    Timing
of Payment

    

    If the
Compensation Committee determines to pay an award, the Corporation will make any
such payment no later than March 15, 2010.

    

    Recoupment
of Payment

    

    If the
Compensation Committee determines that any Plan participant has engaged in fraud
or intentional misconduct that has caused a restatement of the Corporation’s
financial statements, the Compensation Committee will review the STIP payment
received by that participant on the basis of the Corporation’s performance
during the periods affected by the restatement.  If the STIP payment
would have been lower if it had been based on the restated results, the
Compensation Committee may seek recoupment of the STIP payment.

    

    Plan
Termination

    

    The
Compensation Committee may amend, modify, terminate or suspend operation of the
2009 Plan at any time. Notice of any such changes will be communicated to Plan
participants.

    

    Administration

    

    The Human
Resources department shall administer the 2009 Plan.

    

    Disputes

    

    All
disputes associated with interpretation of the 2009 Plan or payments hereunder
shall be submitted to the Vice President of Human Resources for
resolution.

    

    NOTHING IN THIS 2009 PLAN
SHALL ACT AS A GUARANTEE, OR CONTRACT OF EMPLOYMENT OR CONTINUED PARTICIPATION
IN THE 2009 PLAN, NOR SHALL IT ACT AS A GUARANTEE OF PAYMENT FROM THE 2009
PLAN.

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