Document:

Lease dated as of June 1, 2006

 Exhibit 10.2 
 Shanghai Municipality Building Rental Contract 
 (Rental bookings for commodity housing) 
 Special Notices 
  

	1)	This contract applies to rental bookings for commodity housing within the administrative regions of this municipality and to property leases that are agreed subsequent to
negotiations and in accordance with market principles. It does not include publicly owned residences leased at a standard rental charge based on municipal regulations, rental of properties by administrative allocation and non-residential welfare
buildings built with government funds or the rental of private residential buildings rented at a standard charge according to municipal regulations prior to the execution of the “Byelaws”. 

  

	2)	Rental bookings are limited only to commodity housing with pre-sales permits, constructed by property development companies. Notwithstanding the above, rental bookings may not be
made for pre-sold commodity housing; buyers of pre-sold commodity housing are also forbidden from entering rental bookings for properties they have pre-bought. 

  

	3)	The terms [rental] or [rental booking] are indicative symbols indicating that said article applies either to the act of renting or rental booking. When this contract serves as a
rental contract, only the clauses marked with [rental] apply; and when it serves as a rental booking contract, only the [rental booking] clauses and “matters pertaining to rental booking” in supplementary clauses shall apply . All other
articles not denoted by [ ] are general provisions and shall apply to both rental and rental bookings. 

  

	4)	Where this contract is used for rental booking of commodity housing, both the Landlord and the Tenant shall, subsequent to the completion of the said commodity housing and
completion of preliminary property registration and procurement of the title deed to the property by the property developer, enter into commodity housing handover agreement. Upon the said handover agreement taking effect, the rental booking clauses
set out in the said agreement shall be deemed to have been performed. 

  

	5)	The text of this contract is a sample text (provisional) formulated by the Municipal Housing, Land and Resource Administration Bureau and Shanghai Administration for Industry and
Commerce according to Shanghai building rental byelaws. All clauses in this rental contract are indicative articles for use in rental agreements. Any matters not mentioned herein may be negotiated by both parties and set out in
supplementary clauses. 

  

	6)	Before executing this contract, the Landlord should proffer the property title deed or other proof of title to the Tenant; a property developer should furthermore proffer the
pre-sales license. Both parties should exchange and verify the relevant identification. In the event of the property being rented to persons not domiciled in Shanghai and who do not have permanent address, the Landlord should also proffer a
“public security permit for housing rental” issued by the Public Security Bureau. 

  

	7)	The parties to this contract shall file and register the same according to law within 15 days of its execution. For contracts involving rental of properties the said registration
shall be completed at the real estate trading center or rural court system at the location of the said property; proof of registration and filing of the said contracts are to be procured. For contracts involving rental booking of commodity housing,
filing and registration of the same for commodity housing available to foreigners, shall be carried out at the municipal real estate trading center. Once the commodity housing under a rental booking arrangement is completed and the property title
deed is obtained with both parties having concluded commodity housing handover agreement, filing and registration shall then be carried out in accordance with regulations at the local real estate trading center or the rural court system to obtain
proof of registration and filing of the rental contract. If, after the contract is filed and registered, the housing is again booked for rental, or rented or transferred during the rental term, or disposed of pursuant to a mortgage the Tenant may
take actions to oppose the third party. 

  

	8)	In the event that one party requests registration and filing and the other party fails to cooperate, the party requesting the said registration and filing may complete the same by
producing this contract, along with valid proof of identity and other relevant documents. 

  

	9)	The rental deposit is a means of ensuring the performance of an agreement. In respect of the rental of a property, the Landlord and the Tenant may stipulate the requirement of
rental deposit in the contract. Both parties to the contract shall agree on the amount of rental deposit. Upon termination of the lease, the balance of the rental deposit shall be returned to the Tenant, after deducting those expenses that are to be
borne by the Tenant as stipulated in the contract. 

	10)	Copies of this contract may be bought at the municipal, district or county real estate trading center or rural court system at the location of the said property. Both parties should
read this contract in detail and acquaint themselves thoroughly with its contents prior to its use. 

  

	11)	This contract is sample text for reference by contracting parties. 

  

	12)	If a broker company or intermediary is involved in the rental, the parties to the lease should request the broker company as well as the broker to sign and affix their seals on the
last page of the contract. 

 Shanghai Municipality Building Rental (Rental Bookings for Commodity Housing) Contract

 Contract No.: 
 Parties to the contract: 
 [Rental]    Landlord (Party A): Shanghai WASETA International Trading Co.,
Ltd. 
         Tenant (Party B): Lionbridge (Beijing) Technologies, Inc. 
 [Rental booking]     Rental booking Landlord (Party A): 
         Rental booking Tenant (Party B): 
 In accordance with the
Contract Law of the People’s Republic of China and Shanghai Municipality Building Rental Byelaws (hereinafter called ‘Byelaws’), both parties have agreed, based on equality, willingness, sincerity and good
faith, for Party B to rent house (house/commodity housing) which Party A may lawfully rent (rent/book for rental). 
  

	 	1.	Rental or rental booking of the property 

 1-1 : Party A
rents (rents/books for rental) the property situated at (section)         /        
Room            2003 (Tower B), (No./Bldg.) 1518, /     (Lane/Village), Minsheng Rd., Pudong New Area
(District/County), Shanghai (hereinafter called “the Premises”) to Party B. The surveyed ([rental] surveyed/[rental booking] surveyed) structure area of the Premises being
     270.9     square meters, intended use: Office , type:      /    , and structure:     /    .

 For layout plan of the building see Appendix (1) of this contract. Party A has proffered to Party B: 
 1) [Rental] property title deed/certificate of property ownership/ other certificate of property title ;[Certificate
No.:            ]. 
 2) [Rental booking] pre-sales license [License No.
        /        ]. 
 1-2 : Party A and Party B have
established a rental relationship with Party A as the other authorized agent prescribed by law (holder of title to the property/managing agent/other authorized agent prescribed by law). Prior to conclusion of this contract Party A has
notified Party B that the building is not (is/is not) mortgaged. 
  

	 	1-3:	Details of all matters concerning the scope of use, conditions and requirements for public or shared areas; existing fittings, ancillary fixtures, and equipment status; details,
standards and matters requiring Party A’s consent concerning ancillary fixtures undertaken by Party B are set out respectively in Appendices (2) and (3) of this contract. Both Party A and Party B consent that said appendices shall
serve as the basis for verification and acceptance of the Premises to be delivered to Party B by Party A and to be returned to Party A by Party B upon termination of this contract. 

  

	 	2.	Purpose of rental 

 2-1 : Party B undertakes to Party A
that the Premises shall be used for office purposes and shall abide by the relevant state and municipal property use and management regulations. 
 2-2 : Party B undertakes that during the rental period and before receiving Party A’s written consent and approval from the relevant authorities in accordance with regulations, it shall not arbitrarily change the
purpose of use stated above . 
  

	 	3.	Handover dates and rental period 

 3-1: Both parties agree
that Party A shall hand over the Premises to Party B before 2006/05/01 (year/month/date). [Rental] The rental period is from 2006/06/01 (year/month/date) until 2008/05/31 (year/month/date). [Rental booking] The building rental
period is from the date of concluding the commodity housing usage handover agreement until         /         (year/month/date). 

 3-2 : Upon expiration of the rental period, Party A is entitled to reclaim the Premises and Party B shall
return the same as scheduled. If Party B wishes to renew the rental of the Premises, it shall submit a written request to that effect at least two month(s) prior to expiration of the contract and shall re-execute a rental contract upon
receiving acceptance by Party A. 
  

	 	4.	Rent, payment methods and time limit 

 4-1 : Both parties
agree to a rent of ¥3.0 Yuan per square meter per day ( Renminbi ); [Rental] the total monthly rent shall be ¥24,719 Yuan ( Renminbi ). (In Chinese characters:
            Yuan and              Jiao only). [Rental booking] Monthly rent shall be calculated based on the actual
surveyed property structure area as agreed between both parties in the rental booking commodity housing handover agreement. 
 The rent shall
not be changed for a period of two (month(s)/year(s)). From the         /         (month/year) onwards, both parties may negotiate an
adjustment of rent. All matters concerning adjustment of rent are stipulated by both parties in the supplementary clauses. 
 4-2 : Party B
shall pay rent to Party A before the    10th     day of each month. For each day of the said rental payment being in arrears, Party B shall pay late payment penalty being the equivalent of
     3    % of daily rent. 
 4-3 : The method of payment to be undertaken by Party B is as
follows: Party B pays the rent in full to Party A in good time monthly and Party A draws an invoice to Party B.  
  

	 	5.	Rent and other fees 

 5-1 : Both parties agree that upon
Party A handing over the Premises Party B shall pay a rental deposit equal to three months’ rent, that is, ¥74,160.00 Yuan ( Renminbi ). 
 Party A shall issue to Party B a receipt of the said rental deposit. Upon termination of the lease, the balance of the rental deposit shall be returned to Party B with no interests, after deducting those expenses that
are to be borne by it as stipulated in the contract 
 5-2 : During the rental period, all expenses arising out of use of the Premises such as
water, electricity, gas, telecommunications, facilities, property management, and car parking fees shall be borne by Party B (Party A /Party B). Other relevant fees shall be borne by Party A (Party A
/Party B). 
 5-3 : Method of calculation or apportionment and payment method and time for the aforementioned expenses borne
by /                     (Party            
A/Party             B):
                                        
                    . 
  

	 	6.	Premises usage requirements and maintenance obligations 

 6-1 : If Party B discovers any damage to or malfunctioning of the Premises or its ancillary fixtures during the rental period, it shall immediately notify Party A for Party A to carry out repairs; Party A shall make repairs within seven
days of receipt of notification from Party B. If repairs are overdue, Party B may seek a third party to make repairs with the expenses for such repairs to be borne by Party A. 
 6-2 : During the rental period, Party B shall use the Premises in a reasonable manner and shall take due care of the Premises and its ancillary
facilities. If Party B uses the Premises in an irregular or improper manner resulting in damage to or failure of the Premises or its ancillary facilities, Party B shall be responsible for its repair. If Party B refuses to make repairs, Party A may
engage a third party to make repairs and the expenses for such shall repairs shall be borne by Party B. 
 6-3 : During the rental period,
Party A undertakes to ensure that the Premises and its ancillary facilities shall work in a normal and safe manner. If Party A wishes to inspect or maintain the building, it shall notify Party B at least seven days in advance. Party B shall
cooperate fully during inspection and maintenance. Party A shall as far as possible not affect the normal use of the Premises by Party B. 
 6-4 : Except for Appendix (3) of this contract, if Party B needs to carry out any additional decoration work or add any 

 additional facilities and equipment, where it requires Party A’s prior written consent, as well as
approval of the relevant authorities, it shall only undertake the application to the relevant authorities as an agent of Party A (Party A/ Party B as an agent of Party A), and shall only carry out work after having received
approval for the said application. The respective responsibility for the supplementary facilities and equipment added by Party B shall be stipulated in a separate written agreement between Parties A and B. 
  

	 	7.	Condition of the Premises at repossession 

 7-1 : Except
where Party A agrees for Party B to continue renting the Premises, Party B shall return the Premises to Party A within seven days of expiration of this contract. For each day in which possession of the Premises is not delivered, Party B shall
be liable to pay usage fees to Party A of   5   Yuan/m2 ( Renminbi ). 

7-2 : The Premises shall be in a state that is suitable after normal use when returned by Party B. At the time of return, Party A shall carry out
inspection and acceptance and shall settle all expenses attributable to each party. 
  

	 	8.	Subletting, transfer and exchange 

 8-1 : Except where
Party A has specifically agreed in the supplementary clauses herein to subletting by Party B, Party B shall not sublet the Premises in whole or in part to any third party without first obtaining the written consent of Party A. In addition, the same
room in the building may not be divided up for subletting. 
 8-2 : If Party B sublets the Premises, a subletting contract shall be concluded
with the sublet party according to regulations. Registration and filing in accordance with regulations at the local district or county real estate trading center or rural court system is required. 
 8-3 : If, during the rental period, Party B sublets the Premises to a third party or exchanges the same with a third party , it must first obtain Party
A’s written consent. Following subletting or exchanging, the transferee of the responsibilities in respect of the Premises shall conclude a contract relating to the amendment of the Tenant and shall continue to abide by the terms of this
contract. 
 8-4 : If, during the rental period, Party A wishes to sell the Premises, it shall notify Party B at least three months in
advance. Party B owns the priority to purchase the Premises under equal conditions. 
  

	 	9.	Conditions for termination of this contract 

 9-1 : Both
parties agree that during the rental period this contract may be terminated upon the occurrence of any one of the following circumstances, with neither party bearing any responsibility: 
 (1) Land use rights for the land plot on which the Premises are located are lawfully withdrawn; 
 (2) The Premises are lawfully acquired in the social and public interest; 
 (3) The Premises are lawfully committed for demolition in accordance with municipal construction requirements; 
 (4) The Premises are destroyed, burnt down or certified as dangerous Premises; 
 (5) Party A has previously notified Party B that
the Premises had been mortgaged prior to its rental and the same are being disposed. 
 (6)
                    /                  
  . 
 9-2 : Both parties agree that in any one of the following circumstances, either party may notify the other party in
writing to terminate this contract. The party in violation of this contract shall compensate the other party an amount equal to twice of monthly rental; In the event of consequential losses to the opposing party and the amount of compensation
is insufficient to cover the said losses, compensation shall also be paid for losses over and above the penalties for breach of contract: 
 (1) If Party A does not hand over the Premises on time and continues in its failure to hand over the Premises within seven days of Party B’s reminder; 
 (2) The condition of the Premises at handover by Party A does not comply with the provisions of this contract such that the Premises cannot be used for its rented purpose; or the Premises handed over by Party A is
defective and endangers the safety and security of Party B; 
 (3) Party B alters the purpose for which the Premises is used, resulting in
damage to the Premises, without first obtaining written agreement from Party A; 
 (4) Damage to the Premises’ superstructure caused by
Party B; 

 (5) Party B sublets the Premises, transfers the rental rights or exchanges individual rental buildings
with a third party without obtaining permission; 
 (6) Party B is overdue on payments for an accumulated total period in excess of
    one     month; 
 (7) Party B shall not terminate the lease during the rental term.

  

	 	10.	Default Liability 

 10-1 : If the Premises are found to be
defective upon transfer, Party A shall make repairs within seven days of the date of transfer. If after this date the problem persists, Party A hereby agrees to reduce the rental and change the relevant sections of the Rental Contract.

 10-2 : If any losses result from Party A’s failure to notify Party B of the mortgage of the Premises or the transfer of property
rights, Party A shall be held liable for compensation. 
 10-3 : During the rental period, if Party A’s failure to promptly undertake
maintenance or repair results in damages to the Premises and financial losses or personal injury to Party B, then Party A shall be held liable for compensation. 
 10-4 : During the rental period, if Party A cancels the Rental Contract and repossesses the Premises for reasons other than those allowed herein, Party A shall pay Party B twice of monthly rental payable by
Party B, as a penalty. If the penalty is insufficient to cover Party B’s losses, Party A shall be held liable for further compensation. 
 10-5 : If Party B makes renovations or additions without Party A’s written approval or outside the scope of Party A’s approval, Party A may demand that Party B restore the Premises to their original state (restore the
Premises to their original state/compensate for losses). 
 10-6 : During the rental period, if Party B cancels the Rental
Contract for reasons other than those allowed herein, Party B shall pay Party A twice of monthly rental payable as a penalty. If the penalty is insufficient to cover Party A’s losses, Party B shall be held liable for compensation, which
Party A may deduct from the rental deposit. If the rental deposit is insufficient to also cover the said losses, Party B shall be held liable for payment of the balance. 
  

	 	11.	Other Provisions 

 11-1 : If, during the rental period,
Party A is required to mortgage the Premises, Party B shall be notified in writing, and Party A shall undertake to consult with Party B for its decisions regarding the purchase of the Premises thirty days prior to the negotiation among the
parties concerned regarding the disposal of the Premises by way of sale or price conversion subsequent to the mortgage. 
 11-2 : This Rental
Contract shall become valid immediately after signed by both parties/signed. Within 15 days of becoming valid, Party A shall register with the appropriate district or county real estate trading center or rural court system in
accordance with regulations. In the event of modification or termination of the Rental Contract Party A (Party A/Party B) will register said modifications or changes with the same authorities within 15 days. Any legal
repercussions arising from Party A’s failure to register and file the rent of the Premises and modification or termination of the Rental Contract, the Rental Contract shall be borne solely by Party A. 
 11-3 : Matters not covered in this Rental Contract shall be negotiated by both parties and written into supplemental clauses, which shall be considered an
integral part of this Contract. Characters written in the blanks provided in this Rental Contract and its supplemental clauses and appendices shall have equal status and effect as printed characters. 
 11-4 : By signing this Rental Contract both parties indicate that they clearly understand their rights, duties, and responsibilities, and are willing to
abide strictly by the stipulations herein. If either party violates this agreement, the other party has the right to sue for damages according to the provisions of this Rental Contract. 
 11-5 : Any disputes that arise during the rental period shall be resolved by amicable negotiation. If this is not successful, both parties agree to select
the second of the following resolution methods: 
 (1) Submit to the
        /         arbitration commission for arbitration; 
 (2) Take the case to the People’s Court. 
 11-6 : This Rental Contract and its appendices consist of one original and three
copies, with one set to be given to each party, one set to be lodged at (Shanghai municipal /     /     district / county) real estate trading center or rural court bureau office,
and one set to be given to the Broker Company . All copies are equally valid. 

 Landlord (Party A): 
 Nationality: 
 Legal Representative: 
 Proof of
Registration/ID No.: 
 Address: 
 Address: 
 Telephone: 
 Authorized Agent: 
 Signature and Seal: 
 Date: 
 Location: 
 Tenant (Party B): 
 Nationality: 
 Legal Representative: 
 Proof of Registration/ID No.: 
 Address: 
 Address: 
 Telephone: 
 Authorized Agent: 
 Signature and Seal: 
 Date: 
 Location: 
 Title of Broker Company: 
 Name of Broker: 
 Certification No. of Broker:Seventh Amended and Restated Stock Option Plan

 Exhibit 10.1 
 SEVENTH AMENDED AND RESTATED 
 BANCFIRST CORPORATION STOCK OPTION PLAN 
  

	1.	PURPOSE. This Seventh Amended and Restated BancFirst Corporation Stock Option Plan (i) incorporates the Sixth Amendment to and Restatement of the BancFirst
Corporation Stock Option Plan (the “Sixth Restatement”), adopted by the Board of Directors of BancFirst Corporation (the “Corporation”) on June 24, 2004, (ii) incorporates an Amendment to the Sixth Restatement adopted
by the stockholders of the Corporation on April 27, 2006, and (iii) incorporates an Amendment to the Sixth Restatement adopted by the stockholders of the Corporation on May 25, 2006. 

 The Plan is intended as an incentive and to encourage stock ownership by certain key employees and officers of the Corporation in order to increase their
proprietary interest in the Corporation’s success. 
  

	2.	DEFINITIONS. As used herein, the following terms shall have the corresponding meanings: 

  

	 	2.1.	“Committee” shall mean the Board of Directors of the Corporation, or a duly constituted committee of the Board consisting of three or more members.

  

	 	2.2	“Common Stock” shall mean the common stock, par value $1.00 per share, of the Corporation. 

  

	 	2.3.	“Date of Grant” shall mean the date of grant of a Stock Option granted hereunder as set forth in the Stock Option Agreement. In the event of a grant conditioned, among
other things, upon stockholder ratification of this Plan, the date of such conditional grant shall be the Date of Grant for purposes of this Plan. 

  

	 	2.4.	“Employee” shall mean any common-law employee of the Corporation. The determination of whether or not a person is an Employee of the Corporation with respect to the grant
or exercise of an Incentive Stock Option shall be made in accordance with the rule of Income Tax Regulation Section 1.421-7(h) (or successor regulation). 

  

	 	2.5.	 “Fair Market Value” shall mean, with respect to the exercise of an option under the Plan, (a) if the Common Stock is listed on a national securities
exchange or the NASDAQ National Market System, the closing price of the Common Stock for the business day immediately preceding the day for which the determination is being made, or (b) if the Common Stock is not then listed on an exchange, the
average of the closing bid and asked prices per share for the Common Stock in the over-the-counter market as quoted on NASDAQ for the business day immediately preceding the day for which the determination is being made, or (c) if the Common
Stock is not then listed on any exchange or quoted on NASDAQ, an amount determined in good 

	 	faith by the Committee to be the fair market value of the Common Stock, after consideration of all relevant factors. 

  

	 	2.6	“Nonqualified Stock Option” shall mean a Stock Option which is not intended to qualify for tax treatment as an “incentive stock option” under Section 422 of
the Code. 

  

	 	2.7.	“Option Exercise Price” shall mean the price paid for Shares upon the exercise of a Stock Option granted hereunder. 

  

	 	2.8.	“Optionee” shall mean any person entitled to exercise a Stock Option pursuant to the terms of the Plan. 

  

	 	2.9.	“Stock Option” shall mean a stock option giving an Optionee the right to purchase shares of the Corporation’s Common Stock. Stock Options granted under the Plan shall
be Nonqualified Stock Options. 

  

	3.	ADMINISTRATION. 

  

	 	3.1	AUTHORITY; INDEMNIFICATION. Within the limitations described herein, the Committee shall administer the Plan, select the Employees of the Corporation, including officers of
the Corporation, to whom Stock Options shall be granted, determine the number of Shares to be subject to each grant, determine the method of payment upon exercise of each Stock Option, determine all other terms of Stock Options granted hereunder and
interpret, construe and implement the provisions of the Plan. All questions of interpretation of the Plan or any Stock Option granted under the Plan shall be determined by the Committee, and such decisions shall be binding upon all persons having an
interest in the Plan and/or any Stock Option. No member of the Committee shall be liable for any action or determination made in good faith, and the members shall be entitled to indemnification and reimbursement in the manner provided in the
Corporation’s Certificate of Incorporation, or as otherwise permitted by law. 

  

	 	3.2	RULE 16B-3 COMPLIANCE. With respect to the participation of eligible participants who are subject to Section 16(b) of the Exchange Act, the Plan shall be administered in
compliance with the requirements of Rule 16b-3. 

  

	 	3.3	 SECTION 162(M) COMPLIANCE. In the event the Corporation is a “publicly held corporation” as defined in paragraph (2) of section 162(m) of the
Code, as amended by the Revenue Reconciliation Act of 1993 (P.L. 103-66), and the regulations promulgated thereunder (“Section 162(m)”), the Corporation shall establish a committee of outside directors meeting the requirements of
Section 162(m) to approve the grant of Stock Options which might reasonably be anticipated to result in the payment of employee remuneration that would otherwise exceed the 

  

 2 

	 	 
limit on employee remuneration deductible for income tax purposes pursuant to Section 162(m). 

  

	4.	ELIGIBILITY. The individuals who shall be eligible to participate in the Plan shall be such key Employees (including officers) of BancFirst Corporation, or of any
corporation (“Subsidiary”) in which the Corporation has proprietary interest by reason of stock ownership or otherwise, including any corporation in which the Corporation acquires a proprietary interest after the adoption of this Plan (but
only if the Corporation owns, directly or indirectly, stock possessing not less than 50% of the total combined voting power of all classes of stock in the corporation), as the Committee shall determine from time to time. 

  

	5.	STOCK. The stock subject to Stock Options and other provisions of the Plan shall be shares of the Corporation’s authorized but unissued Common Stock or treasury
stock, as determined by the Committee. Subject to adjustment in accordance with the provisions of Subparagraph 6.7 hereof, the total number of shares of Common Stock of the Corporation on which Stock Options may be granted under the Plan shall not
exceed in the aggregate 2,500,000 shares. In the event that any outstanding Stock Option under the Plan for any reason expires or is terminated prior to the end of the period during which Stock Options may be granted, the shares of the Common Stock
allocable to the unexercised portion of such Stock Option may again be subject to a Stock Option under the Plan. 

  

	6.	TERMS AND CONDITIONS OF STOCK OPTIONS. Stock Options granted pursuant to the Plan shall be evidenced by agreements in such form as the Committee shall, from time to
time, approve. Agreements shall comply with and be subject to the following terms and conditions: 

  

	 	6.1	MEDIUM AND TIME OF PAYMENT. The Option Exercise Price shall be payable in United States Dollars upon the exercise of the Stock Option and may be paid in cash or by certified
check, bank draft or money order payable to the order of the Corporation, unless otherwise determined by the Committee. 

  

	 	6.2	NUMBER OF SHARES. The Stock Option shall state the total number of shares to which it pertains. 

  

	 	6.3	OPTION EXERCISE PRICE. The Option Exercise Price shall be not less than the Fair Market Value of the Common Stock on the Date of Grant. 

  

	 	6.4	 TERM OF STOCK OPTIONS. The period during which Stock Options shall be exercisable shall be fixed by the Committee, but in no event shall a Stock Option be
exercisable after the expiration of fifteen (15) years from the date such Stock Option is granted. Subject to the foregoing, Stock Options shall be exercisable at such times and be subject to such restrictions and conditions as the Committee
shall in each 

  

 3 

	 	 
instance determine, which restrictions and conditions need not be the same for all Stock Options. 

  

	 	6.5	DATE OF EXERCISE. Unless otherwise determined by the Committee at the time of granting a Stock Option, Stock Options shall be exercisable at the rate set forth below
beginning four years from the Date of Grant. After becoming exercisable, the Stock Option may be exercised at any time and from time to time in whole or in part until termination of the Stock Option as set forth in Sections 6.4 or 6.6.

  

							
	 Elapsed Years from
 Date of Grant
	  	Percent
of Shares	 	 	 Cumulative
Percent
 of Shares
	 
	 less than 4 years
	  	0	%	 	0	%
	 4 to 5 years
	  	25	%	 	25	%
	 5 to 6 years
	  	25	%	 	50	%
	 6 to 7 years
	  	25	%	 	75	%
	 more than 7 years
	  	25	%	 	100	%

  

	 	6.6	TERMINATION OF EMPLOYMENT. In the event that an Optionee’s employment by the Corporation shall terminate, his Stock Option whether or not then exercisable shall
terminate immediately; provided, however, that if the termination is not as a result of embezzlement, theft or other violation of the law, the Optionee shall have the right to exercise his option (to the extent exercisable at the time of
termination) at any time within 30 days after such termination; provided, further, that if any termination of employment is related to the Optionee’s retirement with the consent of the Corporation, the Optionee shall have the right to exercise
his Stock Option (to the extent exercisable up to the date of retirement) at any time within three months after such retirement; and provided, further, that if the Optionee shall die while in the employment of the Corporation or within the period of
time after termination of employment or retirement during which he was entitled to exercise his option as hereinabove provided, his estate, personal representative, or beneficiary shall have the right to exercise his Stock Option (to the extent
exercisable at the date of death) at any time within twelve (12) months from the date of his death. 

  

	 	6.7	 RECAPITALIZATION. The aggregate number of shares of Common Stock on which Stock Options may be granted to persons participating under the Plan, the number of
shares thereof covered by each outstanding Stock Option, and the price per share thereof in each such Stock Option, shall all be proportionately adjusted for any increase or decrease in the number of issued shares of Common Stock of the Corporation
resulting from a subdivision or consolidation of shares or other capital 

  

 4 

	 	 
adjustment, or the payment of a stock dividend or other increase or decrease in such shares, effected without receipt of consideration by the Corporation;
provided, however, that any fractional shares resulting from such adjustment shall be eliminated. In the event of a change in the Corporation’s Common Stock which is limited to a change in the designation thereof to “Capital Stock” or
other similar designation, or a change in the par value thereof, or from par value to no par value, without increase in the number of issued shares, the shares resulting from any such change shall be deemed to be Common Stock within the meaning of
the Plan. 

  

	 	6.8	REORGANIZATION OF CORPORATION. Subject to any required action by the stockholders, if the Corporation shall be the surviving or resulting corporation in any merger or
consolidation which does not result in change of control of the Corporation, any Stock Option granted hereunder shall pertain to and apply to the securities to which a holder of the number of shares of Common Stock subject to the Stock Option would
have been entitled. In the event of a dissolution or liquidation of the Corporation or a merger or consolidation in which the Corporation is not the surviving or resulting corporation or which results in a change in control of the Corporation, or a
tender or exchange offer which results in a change in control of the Corporation, the Committee shall determine: (i) whether all or any part of the unexercisable portion (as set forth in section 6.5) of any Stock Option outstanding under the
Plan shall terminate; (ii) whether the Stock Options shall become immediately exercisable; or (iii) whether such Stock Options may be exchanged for options covering securities of any such surviving or resulting corporation, subject to the
agreement of any such surviving or resulting corporation, on terms and conditions substantially similar to a Stock Option hereunder. 

  

	 	6.9	ASSIGNABILITY. Except as provided in this Section, no Stock Option shall be assignable or transferable except as follows: 

  

	 	(a)	by will or by the laws of descent and distribution. 

  

	 	(b)	for the purpose of making a charitable gift as permitted by Section 6.13. 

  

	 	(c)	 to the Optionee as trustee, or to the Optionee and one or more others as co-trustees, of a revocable trust which allows the Optionee to amend or revoke the trust at
any time. If the Optionee relinquishes his power to amend or revoke the trust or resigns as a trustee, the Optionee shall withdraw the Stock Option from the trust prior to the relinquishment of such power or his resignation as trustee and shall
revest title to the Stock Option in the Optionee’s individual name. If the trust becomes irrevocable due to the death of the Optionee, the successor or remaining trustee(s) shall have the same power to exercise the Stock Option under
Section 6.6 hereof as the personal 

  

 5 

	 	 
representative. If the Optionee becomes incapacitated, the date of incapacity shall be deemed for purposes of this Plan as the date of termination of
employment under Section 6.6 (whether or not Optionee’s employment has actually terminated), and the successor or remaining trustee(s) of the trust shall have the same right to exercise the Stock Option as a terminated Optionee has under
Section 6.6. The Optionee as trustee and any successor or remaining trustee(s) shall be bound by all the terms and conditions of the Plan and the Stock Option Agreement entered into by the Company and Optionee under this Plan.

  

	 	(d)	to the extent set forth in the Stock Option Agreement governing such Stock Option. 

  

	 	6.10	OPTIONEE’S AGREEMENT. If, at the time of the exercise of any Stock Option, it is necessary or desirable, in order to comply with any applicable laws or regulations
relating to the sale of securities, that the Optionee exercising the Stock Option shall agree that he will purchase the shares that are subject to the Stock Option for investment and not with any present intention to resell the same, the Optionee
will, upon the request of the Corporation, execute and deliver to the Corporation an agreement to such effect. 

  

	 	6.11	RIGHTS AS A STOCKHOLDER. An Optionee shall have no rights as a stockholder with respect to shares covered by his Stock Option until the date of issuance of the shares to him
and only after such shares are fully paid. 

  

	 	6.12	OTHER PROVISIONS. The Stock Option Agreements authorized under the Plan may contain such other provisions as the Committee shall deem advisable. 

  

	 	6.13	CHARITABLE GIFT. An Optionee shall be permitted to assign his Stock Option without consideration, either in full or in one or more partial assignments from time to time, to
any organization that has been recognized by the Internal Revenue Service as qualifying under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (a “Charity”). Assignment(s) may be made during the Optionee’s lifetime
or may be effective upon his death. If a Stock Option is assigned to a Charity, in whole or in part, it shall continue to be subject to the restrictions of Sections 6.5 and 6.6 hereof, which shall thereafter apply to the same extent as if the Stock
Option were still held by the Optionee himself (if he is living), or by his estate, personal representative or beneficiary (if he is deceased). 

  

	7.	 MARKETABILITY OF SHARES. The Common Stock is currently traded on the NASDAQ National Market System. As a result, its liquidity varies widely in
response to 

  

 6 

	 	 
supply and demand. Consequently, the Corporation can give no assurances as to the marketability of shares acquired under the Plan.

  

	8.	TAX IMPLICATIONS. It is anticipated that Stock Options granted under the Plan will be treated as Nonqualified Stock Options by the Internal Revenue Service. As such,
exercise of the Stock Option would generate a taxable event with the difference between the original Option Exercise Price and the Fair Market Value of the Common Stock at the time of exercise being treated as ordinary income. If a Stock Option is
transferred to a Charity as permitted by Sections 6.9(b) and 6.13 hereof, the Optionee should expect to have ordinary income attributed to him at the time the Charity exercises the Stock Option, in the same amount and with the same effect as if the
Optionee himself exercised the Stock Option. 

  

	9.	TERM OF PLAN. No Stock Option may be granted after December 31, 2011. 

  

	10.	NO OBLIGATION TO EXERCISE OPTION. The granting of a Stock Option shall impose no obligation upon the Optionee to exercise such Stock Option. 

 

	11.	AMENDMENTS. The Board of Directors may from time to time amend, alter, suspend, or discontinue the Plan or alter or amend (including decrease of the Option Exercise
Price by cancellation and substitution of options or otherwise) any and all option agreements granted thereunder; provided, however, that after the first registration of the Common Stock under Section 12 of the Securities Exchange Act of 1934,
no such action of the Board of Directors may, without approval of the stockholders of the Corporation, alter the provisions of the Plan so as to (a) materially increase the benefits accruing to participants under the Plan; (b) materially
increase the number of securities which may be issued under the Plan; or (c) materially modify the requirements as to eligibility for participation in the Plan; and provided, further, that no amendment may, without the consent of the Optionee,
affect any then outstanding Stock Options or unexercised portions thereof. In addition, the approval of the Corporation’s stockholders shall be sought for any amendment to the Plan or a Stock Option for which the Committee deems stockholder
approval necessary in order to comply with Rule 16b-3. 

  

 7

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