Document:

exv10w1

 

EXHIBIT
10.1

USPI GROUP HOLDINGS, INC.

2007 EQUITY INCENTIVE PLAN

1. DEFINED TERMS

     Exhibit A, which is incorporated by reference, defines the terms used in the Plan and sets
forth certain operational rules related to those terms.

2. PURPOSE

     The Plan has been established to advance the interests of the Company by providing for the
grant to Participants of Awards.

3. ADMINISTRATION

     The Administrator has discretionary authority, subject only to the express provisions of the
Plan, to interpret the Plan; determine eligibility for and grant Awards; determine, modify or waive
the terms and conditions of any Award; prescribe forms, rules and procedures; and otherwise do all
things necessary to carry out the purposes of the Plan. Determinations of the Administrator made
under the Plan will be conclusive and will bind all parties.

4. LIMITS ON AWARDS UNDER THE PLAN

     (a) Number of Shares. A maximum of 20,145,458 shares of Stock may be delivered in
satisfaction of Awards under the Plan. Up to the maximum number of shares specified in the
immediately preceding sentence may be delivered upon the exercise of ISOs. The number of shares of
Stock delivered in satisfaction of Awards shall, for purposes of the first two sentences of this
Section 4(a), be determined net of shares of Stock (a) withheld by the Company in payment of the
exercise price of the Award or in satisfaction of tax withholding requirements with respect to the
Award, or (b) made subject to an Award that is exercised or satisfied. To the extent consistent
with the requirements of Section 422, Stock issued under awards of an acquired company that are
converted, replaced or adjusted in connection with the acquisition shall not reduce the number of
shares available for Awards under the Plan. 

     (b) Type of Shares. Stock delivered by the Company under the Plan may be authorized
but unissued Stock or previously issued Stock acquired by the Company. No fractional shares of
Stock will be delivered under the Plan.

 

 

5. ELIGIBILITY AND PARTICIPATION

     The Administrator will select Participants from among those key Employees and directors of,
and consultants and advisors to, the Company or its Affiliates who, in the opinion of the
Administrator, are in a position to make a significant contribution to the success of the Company
and its Affiliates. Eligibility for ISOs is limited to employees of the Company or of a “parent
corporation” or “subsidiary corporation” of the Company as those terms are defined in Section 424
of the Code.

6. RULES APPLICABLE TO AWARDS

     (a) All Awards

          (1) Award Provisions. The Administrator will determine the terms of all Awards,
subject to the limitations provided herein. By accepting any Award granted hereunder, the
Participant agrees to the terms of the Award and the Plan. Notwithstanding any provision of this
Plan to the contrary, awards of an acquired company that are converted, replaced or adjusted in
connection with the acquisition may contain terms and conditions that are inconsistent with the
terms and conditions specified herein, as determined by the Administrator.

          (2) Term of Plan. No Awards may be made after April 18, 2017, but previously granted
Awards may continue beyond that date in accordance with their terms.

          (3) Transferability. Neither ISOs nor, except as the Administrator otherwise
expressly provides, other Awards may be transferred other than by will or by the laws of descent
and distribution, and during a Participant’s lifetime ISOs (and, except as the Administrator
otherwise expressly provides, other non-transferable Stock Options) may be exercised only by the
Participant. Awards permitted by the Administrator to be transferred may be transferred only to a
Permitted Transferee.

          (4) Vesting, etc. The Administrator may determine the time or times at which an
Award will vest or (in the case of a Stock Option or SAR) become exercisable and the terms on which
a Stock Option or SAR will remain exercisable. Without limiting the foregoing, the Administrator
may at any time accelerate the vesting or exercisability of an Award, regardless of any adverse or
potentially adverse tax consequences resulting from such acceleration. Unless the Administrator
expressly provides otherwise, however, the following rules will apply: immediately upon the
cessation of the Participant’s Employment, each Stock Option or SAR that is then held by the
Participant or by the Participant’s Permitted Transferees, if any, will cease to be exercisable and
will terminate, and all other Awards that are then held by the Participant or by the Participant’s
Permitted Transferees, if any, to the extent not already vested will be forfeited, except that:

     (A) subject to (B) and (C) below, all Stock Options and SARs held by the Participant
or the Participant’s Permitted Transferees, if any, immediately prior to the cessation of
the Participant’s Employment, to the extent then exercisable, will remain exercisable for
the lesser of (i) a period of three months or (ii) the period ending on the

-2-

 

latest date on which such Stock Option or SAR, as the case may be, could have been
exercised without regard to this Section 6(a)(4), and will thereupon terminate;

     (B) all Stock Options and SARs held by a Participant or the Participant’s Permitted
Transferees, if any, immediately prior to the Participant’s death, to the extent then
exercisable, will remain exercisable for the lesser of (i) the one year period ending with
the first anniversary of the Participant’s death or (ii) the period ending on the latest
date on which such Stock Option or SAR, as the case may be, could have been exercised
without regard to this Section 6(a)(4), and will thereupon terminate; and

     (C) all Stock Options and SARs held by a Participant or the Participant’s Permitted
Transferees, if any, immediately prior to the cessation of the Participant’s Employment for
Cause will immediately terminate upon such cessation.

          (5) Taxes. The Administrator will make such provision for the withholding of taxes
as it deems necessary and may require that the exercise or vesting of an Award, or the delivery or
Stock, cash or other property under an Award, be conditioned on the payment by the Participant or
another person of all required withholding taxes. The Administrator may, but need not, hold back
shares of Stock from an Award or permit a Participant to tender previously owned shares of Stock in
satisfaction of tax withholding requirements (but not in excess of the minimum withholding required
by law).

          (6) Dividend Equivalents, Etc. The Administrator may provide for the payment of
amounts in lieu of cash dividends or other cash distributions with respect to Stock subject to an
Award.

          (7) Rights Limited. Nothing in the Plan will be construed as giving any person the
right to continued employment or service with the Company or its Affiliates, or any rights as a
stockholder except as to shares of Stock actually issued under the Plan. The loss of existing or
potential profit in Awards will not constitute an element of damages in the event of termination of
Employment for any reason, even if the termination is in violation of an obligation of the Company
or Affiliate to the Participant.

          (8) Irrevocable Proxies. Except as the Administrator otherwise expressly provides,
each recipient of an Award under the Plan shall execute and deliver to WCAS X (as defined below) an
irrevocable proxy in the form attached as Exhibit B hereto, or such other form as is
acceptable to WCAS X, granting to WCAS X the right to vote all voting securities of the Company
that are granted pursuant to such Award including, without limitation, any Stock or other voting
securities issued or issuable in respect of such Award.

          (9) Section 409A. Awards under the Plan are intended either to qualify for an
exemption from Section 409A or to comply with the requirements thereof, and shall be construed
accordingly.

-3-

 

     (b) Stock Options and SARs

          (1) Time And Manner Of Exercise. Unless the Administrator expressly provides
otherwise, a Stock Option or SAR will not be deemed to have been exercised until the Administrator
receives a notice of exercise (in form acceptable to the Administrator) signed by the appropriate
person and accompanied by any payment required under the Award. If the Award is exercised by any
person other than the Participant, the Administrator may require satisfactory evidence that the
person exercising the Award has the right to do so.

          (2) Exercise Price. The exercise price of each Stock Option and the share value
above which appreciation is to be measured in the case of an SAR shall be 100% of the fair market
value of the Stock subject to the Stock Option or SAR, determined as of the date of grant, or such
higher amount as the Administrator may determine in connection with the grant.

          (3) Payment Of Exercise Price. The Administrator may determine the required or
permitted forms of payment under a Stock Option, subject to the following: all payments will be by
cash or check acceptable to the Administrator, or, if so permitted by the Administrator and if
legally permissible, (i) through the delivery of shares of Stock that have a fair market value
equal to the exercise price, (ii) by delivery to the Company of a promissory note of the person
exercising the Award, payable on such terms as are specified by the Administrator, (iii) at such
time, if any, as the Stock is publicly traded, through a broker-assisted exercise program
acceptable to the Administrator, (iv) by other means acceptable to the Administrator, or (v) by any
combination of the foregoing permissible forms of payment. The delivery of shares in payment of
the exercise price under clause (i) above may be accomplished either by actual delivery or by
constructive delivery through attestation of ownership, subject to such rules as the Administrator
may prescribe.

     (c) Awards Other Than Stock Options and SARs

     Restricted Stock and Unrestricted Stock, whether delivered outright or under Awards of Stock
Units or other Awards, may be made in exchange for such lawful consideration, including services,
as the Administrator determines.

7. EFFECT OF CERTAIN TRANSACTIONS

     (a) Mergers, etc. Except as otherwise provided in an Award, the following provisions
shall apply in the event of a Covered Transaction:

          (1) Assumption or Substitution. If the Covered Transaction is one in which there is
an acquiring or surviving entity, the Administrator may provide for the assumption of some or all
outstanding Awards or for the grant of new awards in substitution therefor by the acquiror or
survivor or an affiliate of the acquiror or survivor.

          (2) Cash-Out of Awards. If the Covered Transaction is one in which holders of Stock
will receive upon consummation a payment (whether cash, non-cash or a combination of the
foregoing), the Administrator may provide for payment (a “cash-out”), with respect to some or all
Awards or portions thereof, equal in the case of each affected Award or portion

-4-

 

thereof to the excess, if any, of (A) the fair market value of one share of Stock (as
determined by the Administrator in its reasonable discretion) times the number of shares of Stock
subject to the Award or such portion, over (B) the aggregate exercise price (or, in the case of an
SAR, the aggregate base price above which appreciation is measured), if any, under the Award or
such portion, in each case on such payment terms (which need not be the same as the terms of
payment to holders of Stock) and other terms, and subject to such conditions, as the Administrator
determines.

          (3) Acceleration of Certain Awards. If the Covered Transaction (whether or not there
is an acquiring or surviving entity) is one in which there is no assumption, substitution or
cash-out, each Stock Option and SAR will become fully exercisable, and the delivery of shares of
Stock deliverable under each outstanding Award of Stock Units (including Restricted Stock Units and
Performance Awards to the extent consisting of Stock Units) will be accelerated and such shares
will be delivered, prior to the Covered Transaction, in each case on a basis that gives the holder
of the Award a reasonable opportunity, as determined by the Administrator, following exercise of
the Award or the delivery of the shares, as the case may be, to participate as a stockholder in the
Covered Transaction.

          (4) Termination of Awards Upon Consummation of Covered Transaction. Each Award
(unless assumed pursuant to Section 7(a)(1) above), other than outstanding shares of Restricted
Stock (which shall be treated in the same manner as other shares of Stock, subject to Section
7(a)(5) below) and outstanding shares of Unrestricted Stock, will terminate upon consummation of
the Covered Transaction.

          (5) Additional Limitations. Any share of Stock delivered pursuant to Section 7(a)(2)
or Section 7(a)(3) above with respect to an Award may, in the discretion of the Administrator,
contain such restrictions, if any, as the Administrator deems appropriate to reflect any
performance or other vesting conditions to which the Award was subject. In the case of Restricted
Stock, the Administrator may require that any amounts delivered, exchanged or otherwise paid in
respect of such Stock in connection with the Covered Transaction be placed in escrow or otherwise
made subject to such restrictions as the Administrator deems appropriate to carry out the intent of
the Plan.

     (b) Changes in and Distributions With Respect to Stock

          (1) Basic Adjustment Provisions. In the event of a stock dividend, stock split or
combination of shares (including a reverse stock split), recapitalization or other change in the
Company’s capital structure, the Administrator will make appropriate adjustments to the maximum
number of shares specified in Section 4(a) that may be delivered under the Plan and will also make
appropriate adjustments to the number and kind of shares of stock or securities subject to Awards
then outstanding or subsequently granted, any exercise prices relating to Awards and any other
provision of Awards affected by such change.

          (2) Certain Other Adjustments. The Administrator may also make adjustments of the
type described in Section 7(b)(1) above to take into account distributions to stockholders other
than those provided for in Section 7(a) and 7(b)(1), or any other event, if the

-5-

 

Administrator determines that adjustments are appropriate to avoid distortion in the operation
of the Plan and to preserve the value of Awards made hereunder, having due regard for the
qualification of ISOs under Section 422 and the requirements of Section 409A, where applicable.

          (3) Continuing Application of Plan Terms. References in the Plan to shares of Stock
will be construed to include any stock or securities resulting from an adjustment pursuant to this
Section 7.

8. LEGAL CONDITIONS ON DELIVERY OF STOCK

     The Company will not be obligated to deliver any shares of Stock pursuant to the Plan or to
remove any restriction from shares of Stock previously delivered under the Plan until: (i) the
Company is satisfied that all legal matters in connection with the issuance and delivery of such
shares have been addressed and resolved; (ii) if the outstanding Stock is at the time of delivery
listed on any stock exchange or national market system, the shares to be delivered have been listed
or authorized to be listed on such exchange or system upon official notice of issuance; and (iii)
all conditions of the Award have been satisfied or waived. If the sale of Stock has not been
registered under the Securities Act of 1933, as amended, the Company may require, as a condition to
exercise of the Award, such representations or agreements as counsel for the Company may consider
appropriate to avoid violation of such Act. The Company may require that certificates evidencing
Stock issued under the Plan bear an appropriate legend reflecting any restriction on transfer
applicable to such Stock, and the Company may hold the certificates pending lapse of the applicable
restrictions.

9. AMENDMENT AND TERMINATION

     The Administrator may at any time or times amend the Plan or any outstanding Award for any
purpose which may at the time be permitted by law, and may at any time terminate the Plan as to any
future grants of Awards; provided, that except as otherwise expressly provided in the Plan the
Administrator may not, without the Participant’s consent, alter the terms of an Award so as to
affect adversely the Participant’s rights under the Award, unless the Administrator expressly
reserved the right to do so at the time of the Award. Any amendments to the Plan shall be
conditioned upon stockholder approval only to the extent, if any, such approval is required by law
(including the Code), as determined by the Administrator.

     The Administrator may, subject to the provisions of the Plan, create supplements or sub-plans
to the Plan that may incorporate such terms as it considers necessary or desirable to operate the
Plan in California or in any non-United States jurisdiction in which Participants are situated and
may implement such supplements or sub-plans in the form of schedules to the Plan applicable to the
specified jurisdiction, provided that any Stock issued pursuant to such supplements or sub-plans
shall be counted against the limits set forth in Section 4 of the Plan.

-6-

 

10. GOVERNING LAW

     The provisions of the Plan shall be governed by and interpreted in accordance with the laws of
the State of Delaware.

11. OTHER COMPENSATION ARRANGEMENTS

     The existence of the Plan or the grant of any Award will not in any way affect the Company’s
right to award a person bonuses or other compensation in addition to Awards under the Plan.

12. MISCELLANEOUS

     (a) Arbitration. By accepting an Award under the Plan, each Participant agrees that
any dispute, difference, controversy or claim arising in connection with or related or incidental
to, or question occurring under, the Participant’s Employment, the Plan or an Award shall be
finally settled under the Rules of the AAA, unless otherwise agreed, by an arbitral tribunal
composed of a single arbitrator, who shall be an attorney experienced in such matters, appointed by
agreement of the Company and the Participant in accordance with said Rules or failing such
agreement by the AAA in accordance with such Rules. The arbitrator shall be a neutral arbitrator
and subject to Rule 19 of the Rules. The arbitrator shall deliver a written and reasoned award
with respect to the dispute to each of the parties, who shall promptly act in accordance therewith,
and there shall be no right of appeal to any court on the merits of the dispute. Any arbitration
proceeding shall be held in Dallas, Texas. The provisions of this Section 12 may be enforced in
any court having jurisdiction over the Company or the Participant or any of their respective
assets, and judgment on the award (including without limitation equitable remedies) granted in any
such arbitration may be entered in any such court. Nothing contained in this Section 12 shall
prevent the Company from seeking injunctive or other equitable relief from any court of competent
jurisdiction, without the need to resort to arbitration.

     (b) Limitation of Liability. Notwithstanding anything to the contrary in the Plan,
neither the Company nor the Administrator, nor any person acting on behalf of the Company or the
Administrator, shall be liable to any Participant or to the estate or beneficiary of any
Participant by reason of any acceleration of income, or any additional tax, asserted by reason of
the failure of an Award to satisfy the requirements of Section 422 or Section 409A or by reason of
Section 4999 of the Code; provided, that nothing in this Section 12(b) shall limit the ability of
the Administrator or the Company to provide by express agreement with a Participant for a gross-up
payment or other payment in connection with any such tax or additional tax.

-7-

 

EXHIBIT A

Definition of Terms

     The following terms, when used in the Plan, will have the meanings and be subject to the
provisions set forth below in this Exhibit A.

     “AAA”: The American Arbitration Association.

     “Administrator”: The Board, except that the Board may delegate its authority under the Plan
to a committee of the Board, in which case references herein to the Board shall refer to such
committee. The Board may delegate (i) to one or more of its members such of its duties, powers and
responsibilities as it may determine; (ii) to one or more officers of the Company the power to
grant Awards to the extent permitted by Section 157(c) of the Delaware General Corporation Law;
(iii) to one or more officers of the Company the authority to allocate Awards among such persons
(other than officers of the Company) eligible to receive Awards under the Plan as such delegated
officer or officers determine consistent with such delegation; provided, that with respect to any
delegation described in this clause (iii) the Board (or a properly delegated member or members of
the Board) shall have authorized the issuance of a specified number of shares of Stock under such
Awards and shall have specified the consideration, if any, to be paid therefor; and (iv) to such
Employees or other persons as it determines such ministerial tasks as it deems appropriate. In the
event of any delegation described in the preceding sentence, the term “Administrator” shall include
the person or persons so delegated to the extent of such delegation.

     “Affiliate": Any corporation or other entity that stands in a relationship to the Company
that would result in the Company and such corporation or other entity being treated as part of a
single employer under Section 414(b) or Section 414(c) of the Code, except that in determining
eligibility for the grant of a Stock Option or SAR by reason of service for an Affiliate, Sections
414(b) and 414(c) of the Code shall be applied by substituting “at least 50%” for “at least 80%”
under Section 1563(a)(1), (2) and (3) of the Code and Treas. Regs. § 1.414(c)-2; provided, that to
the extent permitted under Section 409A, “at least 20%” shall be used in lieu of “at least 50%”;
and further provided, that the lower ownership threshold described in this definition (50% or 20%
as the case may be) shall apply only if the same definition of affiliation is used consistently
with respect to all compensatory stock options or stock awards (whether under the Plan or another
plan). The Company may at any time by amendment provide that different ownership thresholds
(consistent with Section 409A) apply.

     “Assumption Agreement”: An agreement in form reasonably satisfactory to the Administrator and
to WCAS whereby a transferee of an Award or shares acquired under an Award agrees to be bound with
respect to such Award or shares by the provisions of the Plan to the same extent as the Participant
to whom such Award was granted. An Assumption Agreement shall not be effective unless and until
the Administrator has either (i) been furnished with an opinion in form and substance reasonably
satisfactory to the Administrator of counsel reasonably satisfactory to the Administrator that the
transfer is exempt from or not subject to the provisions of Section 5 of the Securities Act and
complies with or is exempt from all other applicable securities laws, or (ii) with WCAS’s consent,
expressly waived its rights under clause (i).

-8-

 

     “Award”: Any or a combination of the following:

     (i) SARs.

     (ii) Stock Options.

     (iii) Restricted Stock.

     (iv) Unrestricted Stock.

     (v) Stock Units, including Restricted Stock Units.

     (vi) Performance Awards.

     (vii) Awards (other than Awards described in (i) through (vi) above) that are
convertible into or otherwise based on Stock.

     “Board”: The Board of Directors of the Company.

     “Cause”: A Participant’s Employment is terminated as a result of a breach of his or her
written employment agreement, or for “cause” as specified in a written employment agreement, if the
Participant is party to a written employment agreement with the Company or any Subsidiary, or, with
respect to a Participant that is not a party to a written employment agreement with the Company or
any Subsidiary, if the Committee determines that such Participant is being terminated as a result
of malfeasance, misconduct, dishonesty, disloyalty, disobedience or action that might reasonably be
expected to injure the Company or its Subsidiaries, or the business interests or reputation of the
Company or its Subsidiaries, including without limitation, (i) the Participant’s indictment for a
felony or other crime involving moral turpitude; (ii) the Participant’s fraud, theft or
embezzlement committed with respect to the Company or its Subsidiaries, or (iii) the Participant’s
willful and continued failure to perform his material duties to the Company and its Subsidiaries.

     “Code”: The U.S. Internal Revenue Code of 1986 as from time to time amended and in effect, or
any successor statute as from time to time in effect. Any reference to a provision of the Code
shall be deemed to include a reference to any applicable guidance (as determined by the
Administrator) with respect to such provision.

     “Company”: USPI Group Holdings, Inc.

     “Covered Transaction”: Any of (i) a consolidation, merger, or similar transaction or series
of related transactions, including a sale or other disposition of stock, in which the Company is
not the surviving corporation or which results in the acquisition of all or substantially all of
the Company’s then outstanding common stock by a single person or entity or by a group of persons
and/or entities acting in concert, (ii) a sale or transfer of all or substantially all the
Company’s assets, or (iii) a dissolution or liquidation of the Company. Where a Covered

-9-

 

Transaction involves a tender offer that is reasonably expected to be followed by a merger
described in clause (i) (as determined by the Administrator), the Covered Transaction shall be
deemed to have occurred upon consummation of the tender offer.

     “Employee”: Any person who is employed by the Company or an Affiliate.

     “Employment”: A Participant’s employment or other service relationship with the Company and
its Affiliates. Employment will be deemed to continue, unless the Administrator expressly provides
otherwise, so long as the Participant is employed by, or otherwise is providing services in a
capacity described in Section 5 to the Company or its Affiliates. If a Participant’s employment or
other service relationship is with an Affiliate and that entity ceases to be an Affiliate, the
Participant’s Employment will be deemed to have terminated when the entity ceases to be an
Affiliate unless the Participant transfers Employment to the Company or its remaining Affiliates.

     “ISO”: A Stock Option intended to be an “incentive stock option” within the meaning of
Section 422. Each option granted pursuant to the Plan will be treated as providing by its terms
that it is to be a non-incentive stock option unless, as of the date of grant, it is expressly
designated as an ISO.

     “Participant”: A person who is granted an Award under the Plan.

     “Performance Award": An Award subject to specified criteria, other than the mere continuation
of Employment or the mere passage of time, the satisfaction of which is a condition for the grant,
exercisability, vesting or full enjoyment of the Award.

     “Permitted Transferee”: In the case of any Participant, the Participant’s spouse, parents,
lineal descendants and other family members (as determined by the Administrator) or trusts for the
benefit of, or corporations, limited liability companies or partnerships, the stockholders, members
or general and/or limited partners of which include only such Participant and/or such Participant’s
spouse, parents, lineal descendants or other family members (as determined by the Administrator).
A transferee shall not be treated as a Permitted Transferee unless and until the transferee is or
becomes party to an effective Assumption Agreement.

     “Plan”: The USPI Group Holdings, Inc. 2007 Equity Incentive Plan as from time to time amended
and in effect.

     “Restricted Stock”: Stock subject to forfeiture restrictions requiring that it be redelivered
or offered for sale to the Company if specified conditions are not satisfied.

     “Restricted Stock Unit”: A Stock Unit that is, or as to which the delivery of Stock or cash
in lieu of Stock is, subject to the satisfaction of specified performance or other vesting
conditions.

     “Rules”: The Commercial Arbitration Rules of the AAA.

-10-

 

     “SAR”: A right entitling the holder upon exercise to receive an amount (payable in cash or
shares of Stock of equivalent value, as specified in the Award except as otherwise determined by
the Administrator) equal to the excess of the fair market value of the shares of Stock subject to
the right over an amount that is not less than the fair market value of such shares at the date of
grant.

     “Section 409A”: Section 409A of the Code.

     “Section 422”: Section 422 of the Code.

     “Stock”: Common Stock of the Company, par value $0.01 per share.

     “Stock Option”: An option entitling the holder to acquire shares of Stock upon payment of the
exercise price.

     “Stock Unit”: An unfunded and unsecured promise, denominated in shares of Stock, to deliver
Stock or cash measured by the value of Stock in the future.

     “Subsidiary”: Any corporation or other entity in which the Company owns, directly or
indirectly, 50% or more of the outstanding capital stock (determined by aggregate voting rights) or
other voting interests.

     “Unrestricted Stock”: Stock not subject to any forfeiture restrictions under the terms of the
Award.

     “WCAS”: Welsh, Carson, Anderson & Stowe X, L.P., a Delaware limited partnership.

-11-exv4w1

 

Exhibit 4.1

COMPOSITE
CERTIFICATE OF INCORPORATION
OF
LSI CORPORATION

1. The name of the corporation is LSI Corporation (the “Corporation”).

2 The address of the Corporation’s registered office in the State of Delaware is Corporation Trust
Center, 1209 Orange Street, in the City of Wilmington, County of New Castle, zip code 19801. The
name of its registered agent at such address is The Corporation Trust Company.

3. The nature of the business or purposes to be conducted or promoted by the Corporation is to
engage in any lawful act or activity for which corporations may be organized under the General
Corporation Law of Delaware.

4. (a) This corporation is authorized to issue two classes of shares, designated “Common Stock”
and “Preferred Stock.” The total number of shares which this corporation shall have authority to
issue is One Billion Three Hundred and Two Million (1,302,000,000), of which One Billion Three
Hundred Million (1,300,000,000) shall be Common Stock with a par value of $.01 per share and Two
Million (2,000,000) shall be Preferred Stock with a par value of $.01 per share.

     (b) The Shares of Preferred Stock may be issued from time to time in one or more series. The
Board of Directors is authorized, subject to limitations prescribed by law and the provisions of
this Article 4, to provide for the issuance of the Shares of Preferred Stock in series, and by
filing a certificate pursuant to the applicable law of the State of Delaware, to establish from
time to time the number of shares to be included in each such series, and to fix the designation,
powers, preferences and rights of the shares of each such series and the qualifications,
limitations or restrictions thereof.

     The authority of the Board with respect to each series shall include, but not be limited to,
determination of the following:

          (i) The number of shares constituting that series and the distinctive designation of that
series;

 1

 

          (ii) The dividend rate on the shares of that series, whether dividends shall be cumulative,
and, if so, from which date or dates, and the relative rights of priority, if any, of payment of
dividends on shares of that series;

           (iii) Whether that series shall have voting rights, in addition to the voting rights provided
by law, and, if so, the terms of such voting rights;

          (iv) Whether that series shall have conversion privileges, and, if so, the terms and
conditions of such conversion, including provision for adjustment of the conversion rate in such
events as the Board of Directors shall determine;

          (v) Whether or not the shares of that series shall be redeemable, and, if so, the terms and
conditions of such redemption, including the date or dates upon or after which they shall be
redeemable, and the amount per share payable in case of redemption, which amount may vary under
different conditions and at different redemption dates;

          (vi) Whether that series shall have a sinking fund for the redemption or purchase of shares
of that series, and, if so, the terms and amount of such sinking fund;

          (vii) The rights of the shares of that series in the event of voluntary or involuntary
liquidation, dissolution or winding up of the corporation, and the relative rights of priority, if
any, of payment of shares of that series; and

          (viii) Any other relative or participating rights, preferences and limitations of that series.

     (c) Pursuant to the authority conferred upon the Board of Directors of the Corporation by
this Paragraph F, Section 4, the Board of Directors created a series of 500,000 shares of Preferred
Stock designated as Series A Participating Preferred Stock (the “Series A Preferred Stock”) by
filing a Certificate of Designation of the Corporation with the Secretary of State of the State of
Delaware on December 8, 1998, and the designations, powers, preferences and relative and other
special rights and the qualifications, limitations and restrictions of the Series A Preferred Stock
are set forth in Appendix A hereto and are incorporated herein by reference.

5. The Corporation is to have perpetual existence.

6. In furtherance and not in limitation of the powers conferred by statute, the Board of Directors
is expressly authorized to make, alter, amend or repeal the By-Laws of the Corporation.

7. The number of directors which will constitute the whole Board of Directors of the Corporation
shall be as specified in the By-Laws of the Corporation.

8. At all elections of directors of the Corporation, each holder of stock or of any class or
classes or of a series or series thereof shall be entitled to as many votes as shall equal the
number of votes which (except for this provision as to cumulative voting) he would be entitled to
cast for the election of directors with respect to his shares of stock multiplied by the number of
directors to be elected, and he may cast all of such votes for a single candidate or may distribute
them among the number of directors to be elected, or for any two or more of them as he may see fit.

9. Meetings of stockholders may be held within or without the State of Delaware, as the By-Laws may
provide. The books of the Corporation may be kept (subject to any provision contained in the
statutes) outside the State of Delaware at such place or places

2

 

as may be designated from time to time by the Board of Directors or in the By-Laws of the Corporation.

10. To the fullest extent permitted by the Delaware General Corporation Law, a director of the
Corporation shall not be personally liable to the Corporation or its stockholders for monetary
damages for breach of fiduciary duty as a director. Neither any amendment nor repeal of this
Article 10, nor the adoption of any provision of this Amended and Restated Certificate of
Incorporation inconsistent with this Article 10, shall eliminate or reduce the effect of this
Article 10 with respect to any matter occurring, or any cause of action, suit or claim that, but
for this Article 10, would accrue or arise, prior to such amendment, repeal or adoption of an
inconsistent provision.

11. Elections for directors need not be by ballot unless a stockholder demands selection by ballot
at the meeting and before the voting begins or unless the By-Laws so require.

12. The Corporation reserves the right to amend, alter, change or repeal any provision contained in
this Certificate of Incorporation, in the manner now or hereafter prescribed by statute, and all
rights conferred upon stockholders herein are granted subject to this reservation.

3

 

Appendix A

     SECTION 1. Designation and Amount. The shares of such series shall be designated as
“Series A Participating Preferred Stock.” The Series A Participating Preferred Stock shall have a
par value of $0.01 per share, and the number of shares constituting such series shall be 500,000.

     SECTION 2. Proportional Adjustment. In the event the Corporation shall at any time
after the issuance of any share or shares of Series A Participating Preferred Stock (i) declare any
dividend on Common Stock of the Corporation payable in shares of Common Stock, (ii) subdivide the
outstanding Common Stock or (iii) combine the outstanding Common Stock into a smaller number of
shares, then in each such case the Corporation shall simultaneously effect a proportional
adjustment to the number of outstanding shares of Series A Participating Preferred Stock.

     SECTION 3. Dividends and Distributions.

          (a) Subject to the prior and superior right of the holders of any shares of any series of
Preferred Stock ranking prior and superior to the shares of Series A Participating Preferred Stock
with respect to dividends, the holders of shares of Series A Participating Preferred Stock shall be
entitled to receive when, as and if declared by the Board of Directors out of funds legally
available for the purpose, quarterly dividends payable in cash on the last day of January, April,
July and October in each year (each such date being referred to herein as a “Quarterly Dividend
Payment Date”), commencing on the first Quarterly Dividend Payment Date after the first issuance of
a share or fraction of a share of Series A Participating Preferred Stock, in an amount per share
(rounded to the nearest cent) equal to 1,000 times the aggregate per share amount of all cash
dividends, and 1,000 times the aggregate per share amount (payable in kind) of all non-cash
dividends or other distributions other than a dividend payable in shares of Common Stock or a
subdivision of the outstanding shares of Common Stock (by reclassification or otherwise), declared
on the Common Stock since the immediately preceding Quarterly Dividend Payment Date, or, with
respect to the first Quarterly Dividend Payment Date, since the first issuance of any share or
fraction of a share of Series A Participating Preferred Stock.

          (b) The Corporation shall declare a dividend or distribution on the Series A Participating
Preferred Stock as provided in paragraph (a) above immediately after it declares a dividend or
distribution on the Common Stock (other than a dividend payable in shares of Common Stock).

          (c) Dividends shall begin to accrue on outstanding shares of Series A Participating Preferred
Stock from the Quarterly Dividend Payment Date next preceding the date of issue of such shares of
Series A Participating Preferred Stock, unless the date of issue of such shares is prior to the
record date for the first Quarterly Dividend Payment Date, in which case dividends on such shares
shall begin to accrue from the date of issue of such shares, or unless the date of issue is a
Quarterly Dividend Payment Date or is a date after the record date for the determination of holders
of shares of Series A Participating Preferred Stock entitled to receive a quarterly dividend and
before such Quarterly Dividend Payment Date, in either of which events such dividends shall begin
to accrue from such Quarterly Dividend Payment Date. Accrued but unpaid dividends shall not bear

 

interest. Dividends paid on the shares of Series A Participating Preferred Stock in an amount less
than the total amount of such dividends at the time accrued and payable on such shares shall be
allocated pro rata on a share-by-share basis among all such shares at the time outstanding. The
Board of Directors may fix a record date for the determination of holders of shares of Series A
Participating Preferred Stock entitled to receive payment of a dividend or distribution declared
thereon, which record date shall be no more than 30 days prior to the date fixed for the payment
thereof.

     SECTION 4. Voting Rights. The holders of shares of Series A Participating Preferred
Stock shall have the following voting rights:

          (a) Each share of Series A Participating Preferred Stock shall entitle the holder thereof to
1,000 votes on all matters submitted to a vote of the stockholders of the Corporation.

          (b) Except as otherwise provided herein or by law, the holders of shares of Series A
Participating Preferred Stock and the holders of shares of Common Stock shall vote together as one
class on all matters submitted to a vote of stockholders of the Corporation.

          (c) Except as required by law, holders of Series A Participating Preferred Stock shall have no
special voting rights and their consent shall not be required (except to the extent they are
entitled to vote with holders of Common Stock as set forth herein) for taking any corporate action.

     SECTION 5. Certain Restrictions.

          (a) The Corporation shall not declare any dividend on, make any distribution on, or redeem or
purchase or otherwise acquire for consideration any shares of Common Stock after the first issuance
of a share or fraction of a share of Series A Participating Preferred Stock unless concurrently
therewith it shall declare a dividend on the Series A Participating Preferred Stock as required by
Section 3 hereof.

          (b) Whenever quarterly dividends or other dividends or distributions payable on the Series A
Participating Preferred Stock as provided in Section 3 are in arrears, thereafter and until all
accrued and unpaid dividends and distributions, whether or not declared, on shares of Series A
Participating Preferred Stock outstanding shall have been paid in full, the Corporation shall not

               (i) declare or pay dividends on, make any other distributions on, or redeem or purchase or
otherwise acquire for consideration any shares of stock ranking junior (either as to dividends or
upon liquidation, dissolution or winding up) to the Series A Participating Preferred Stock;

               (ii) declare or pay dividends on, make any other distributions on any shares of stock ranking
on a parity (either as to dividends or upon liquidation, dissolution or winding
up) with Series A Participating Preferred Stock, except dividends paid ratably on the Series A

-2-

 

Participating Preferred Stock and all such parity stock on which dividends are payable or in
arrears in proportion to the total amounts to which the holders of all such shares are then
entitled;

               (iii) redeem or purchase or otherwise acquire for consideration shares of any stock ranking on
a parity (either as to dividends or upon liquidation, dissolution or winding up) with the Series A
Participating Preferred Stock, provided that the Corporation may at any time redeem, purchase or
otherwise acquire shares of any such parity stock in exchange for shares of any stock of the
Corporation ranking junior (either as to dividends or upon dissolution, liquidation or winding up)
to the Series A Participating Preferred Stock;

               (iv) purchase or otherwise acquire for consideration any shares of Series A Participating
Preferred Stock, or any shares of stock ranking on a parity with the Series A Participating
Preferred Stock, except in accordance with a purchase offer made in writing or by publication (as
determined by the Board of Directors) to all holders of such shares upon such terms as the Board of
Directors, after consideration of the respective annual dividend rates and other relative rights
and preferences of the respective series and classes, shall determine in good faith will result in
fair and equitable treatment among the respective series or classes.

          (c) The Corporation shall not permit any subsidiary of the Corporation to purchase or
otherwise acquire for consideration any shares of stock of the Corporation unless the Corporation
could, under paragraph (a) of this Section 5, purchase or otherwise acquire such shares at such
time and in such manner.

     SECTION 6. Reacquired Shares. Any shares of Series A Participating Preferred Stock
purchased or otherwise acquired by the Corporation in any manner whatsoever shall be retired and
canceled promptly after the acquisition thereof. All such shares shall upon their cancellation
become authorized but unissued shares of Preferred Stock and may be reissued as part of a new
series of Preferred Stock to be created by resolution or resolutions of the Board of Directors,
subject to the conditions and restrictions on issuance set forth herein and, in the Restated
Certificate of Incorporation, as then amended.

     SECTION 7. Liquidation Dissolution or Winding Up. Upon any liquidation, dissolution
or winding up of the Corporation, the holders of shares of Series A Participating Preferred Stock
shall be entitled to receive an aggregate amount per share equal to 1,000 times the aggregate
amount to be distributed per share to holders of shares of Common Stock plus an amount equal to any
accrued and unpaid dividends on such shares of Series A Participating Preferred Stock.

     SECTION 8. Consolidation Merger, etc. In case the Corporation shall enter into any
consolidation, merger, combination or other transaction in which the shares of Common Stock are
exchanged for or changed into other stock or securities, cash and/or any other property, then in
any such case the shares of Series A Participating Preferred Stock shall at the same time be
similarly exchanged or changed in an amount per share equal to 1,000 times the aggregate amount of
stock, securities, cash and/or any other property (payable in kind), as the case may be, into which
or for which each share of Common Stock is changed or exchanged.

-3-

 

     SECTION 9. No Redemption. The shares of Series A Participating Preferred Stock shall
not be redeemable.

     SECTION 10. Ranking. The Series A Participating Preferred Stock shall rank junior to
all other series of the Corporation’s Preferred Stock as to the payment of dividends and the
distribution of assets, unless the terms of any such series shall provide otherwise.

     SECTION 11. Amendment. The Restated Certificate of Incorporation of the Corporation
shall not be further amended in any manner which would materially alter or change the powers,
preference or special rights of the Series A Participating Preferred Stock so as to affect them
adversely without the affirmative vote of the holders of a majority of the outstanding shares of
Series A Participating Preferred Stock, voting separately as a class.

     SECTION 12. Fractional Shares. Series A Participating Preferred Stock may be issued
in fractions of a share which shall entitle the holder, in proportion to such holder’s fractional
shares, to exercise voting rights, receive dividends, participate in distributions and to have the
benefit of all other rights of holders of Series A Participating Preferred Stock.

-4-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00127-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00127-of-00352.parquet"}]]