Document:

Apple Inc. 1997 Director Stock Plan, as amended

 Exhibit 10.2 
 APPLE INC. 
 1997 DIRECTOR STOCK PLAN 

On November 10, 2009, the Board adopted this amended and restated 1997 Director Stock Plan (formerly known as the 1997 Director
Stock Option Plan and as renamed, the “Plan”), which shall govern all grants of Awards made after this amendment and restatement, and which shall become effective upon its approval by the Company’s shareholders (the “Effective
Date”). For the terms and conditions of the Plan applicable to Awards granted before the Effective Date, refer to the version of the Plan in effect as of the date such Award was granted. 
 1. PURPOSES. The purposes of the Plan are to retain the services of qualified individuals who are not employees of the Company to
serve as members of the Board and to secure for the Company the benefits of the incentives inherent in increased Common Stock ownership by such individuals by granting such individuals Awards to purchase or acquire shares of Common Stock.

 2. ADMINISTRATION. The Administrator will be responsible for administering the Plan. The Administrator will have
authority to adopt such rules as it may deem appropriate to carry out the purposes of the Plan, and shall have authority to interpret and construe the provisions of the Plan and any agreements and notices under the Plan and to make determinations
pursuant to any Plan provision. Each interpretation, determination or other action made or taken by the Administrator pursuant to the Plan shall be final and binding on all persons. The Administrator shall not be liable for any action or
determination made in good faith, and shall be entitled to indemnification and reimbursement in the manner provided in the Company’s Articles of Incorporation and Bylaws as such documents may be amended from time to time. 
 3. SHARES AVAILABLE. 
 (a) SHARE LIMIT. Subject to the provisions of Section 8 of the Plan, the maximum number of shares of Common Stock which may be issued under the Plan shall not exceed 1,600,000 shares (the
“Share Limit”). Either authorized and unissued shares of Common Stock or treasury shares may be delivered pursuant to the Plan. 
 (b) SHARE COUNT. Shares issued pursuant to Restricted Stock Unit Awards will count against the Share Limit as two (2) shares for every one (1) share issued in connection with the Award.
Shares issued pursuant to the exercise of Options will count against the Share Limit as one (1) share for every one (1) share to which such exercise relates. If Awards are settled in cash, the shares that would have been delivered had
there been no cash settlement shall not be counted against the Share Limit. Except as provided in the next sentence, if Awards are forfeited or are terminated for any reason before vesting or being exercised, then the shares underlying such Awards
shall again become available for Awards under the Plan; provided that any one (1) share subject to a Restricted Stock Unit Award that is forfeited or terminated shall be credited as two (2) shares when determining the number of shares that
shall again become available for Awards under the Plan if upon grant, the shares underlying such forfeited or terminated Restricted Stock Unit Award were counted as two (2) shares against the Share Limit. Shares that are exchanged by a
Non-Employee Director or withheld by the Company as full or partial payment in connection with any Award under the Plan, as well as any shares exchanged by a Non-Employee Director or withheld by the Company or one of its Subsidiaries to satisfy the
tax withholding obligations related to any Award, shall not be available for subsequent Awards under the Plan. 
 4.
OPTIONS. Options granted to Non-Employee Directors under the Plan shall be subject to the following provisions of this Section 4. 
 (a) OPTION GRANTS. 
 (i) TRANSITION GRANTS. On the
date of the Annual Meeting following the Company’s 2009 fiscal year, each Non-Employee Director who (1) has served as a member of the Board for at least three

  

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years as of the date of such Annual Meeting and (2) continues to serve as a member of the Board immediately following such Annual Meeting will be granted an Option (the date of grant of
which shall be the date of such Annual Meeting) to purchase a number of shares of Common Stock determined by multiplying 10,000 by a fraction, the numerator of which shall be the number of days in the period commencing on the last anniversary of the
date on which the Non-Employee Director was initially elected or appointed to the Board that occurs prior to the date of such Annual Meeting and ending on the date of such Annual Meeting and the denominator of which shall be 365. Each Non-Employee
Director who (1) has served as a member of the Board for not more than three years as of the date of the Annual Meeting following the Company’s 2009 fiscal year and (2) continues to serve as a member of the Board through and
immediately following the date of the Annual Meeting following the third anniversary of the date on which the Non-Employee Director was initially appointed or elected to the Board (the “Third Anniversary”) will be granted an Option (the
date of grant of which shall be the date of the Annual Meeting following the Third Anniversary) to purchase a number of shares of Common Stock determined by multiplying 10,000 by a fraction, the numerator of which shall be the number of days in the
period commencing on the last anniversary of the date on which the Non-Employee Director was initially appointed or elected to the Board that occurs prior to the date of the Annual Meeting following the Third Anniversary and ending on the date of
such Annual Meeting and the denominator of which shall be 365. 
 (ii) NO ADDITIONAL GRANTS. Other than
the Option grants contemplated by Section 4(a)(i), no Options shall be granted under the Plan unless and until the Board amends the Plan to provide for such Option grants in accordance with Section 10(b) below. 
 (b) EXERCISE PRICE. The per share exercise price of each Option shall be the Fair Market Value of a share of Common
Stock as of the date of grant of the Option determined in accordance with the provisions of the Plan. 
 (c)
VESTING. Options shall be fully vested and immediately exercisable on their date of grant. 
 (d) TERM
OF OPTIONS. 
 (i) TEN-YEAR TERM. Each Option shall expire ten (10) years from its date of grant,
subject to earlier termination as provided herein. 
 (ii) EXERCISE FOLLOWING TERMINATION OF SERVICE DUE TO
DEATH. If a Non-Employee Director ceases to be a member of the Board by reason of such Non-Employee Director’s death, the Options granted to such Non-Employee Director may be exercised by such Non-Employee Director’s Beneficiary, but
only to the extent the Option was exercisable at the time of the Non-Employee Director’s death, at any time within three (3) years after the date of such termination of service, subject to the earlier expiration of such Options as provided
for in Section 4(d)(i) above. At the end of such three-year period, the vested portion of the Option shall expire. The unvested portion of the Option shall expire on the date of the Non-Employee Director’s death. 
 (iii) TERMINATION OF OPTIONS IF A NON-EMPLOYEE DIRECTOR IS REMOVED FROM THE BOARD FOR CAUSE. In the event a
Non-Employee Director is removed from the Board for “cause,” all Options granted to such Non-Employee Director (whether or not then vested and exercisable) shall immediately terminate and be of no further force and effect as of the
effective date of such removal from the Board. Whether a Non- Employee Director is removed by the Board for “cause” shall be determined by the Board in accordance with the Bylaws of the Company. 
 (iv) EXERCISE FOLLOWING OTHER TERMINATIONS OF SERVICE. If a Non-Employee Director ceases to be a member of the Board
for any reason other than death or removal from the Board for cause, the Options granted to such Non-Employee Director may be exercised by such Non-Employee Director, but only to the extent the Option was exercisable at the time of the Non-Employee
Director’s termination, at any time within ninety (90) days after the date of such

  

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termination of service, subject to the earlier expiration of such Options as provided for in Section 4(d)(i) above. At the end of such ninety-day period, the vested portion of the Option
shall expire. The unvested portion of the Option shall expire on the date of the Non-Employee Director’s termination of service with the Board. 
 (e) TIME AND MANNER OF EXERCISE OF OPTIONS. 
 (i) NOTICE
OF EXERCISE. Subject to the other terms and conditions hereof, a Non-Employee Director may exercise any Option, to the extent such Option is vested, by giving written notice of exercise to the Company; PROVIDED, HOWEVER, that in no event shall
an Option be exercisable for a fractional share. The date of exercise of an Option shall be the later of (A) the date on which the Company receives such written notice and (B) the date on which the conditions provided in
Section 4(e)(ii) are satisfied. 
 (ii) METHOD OF PAYMENT. The consideration to be paid for the
shares to be issued upon exercise of an Option may consist of (A) cash, (B) check, (C) other shares which have a Fair Market Value on the date of surrender equal to the aggregate exercise price of the shares as to which the Option
shall be exercised, (D) delivery of a properly executed exercise notice together with irrevocable instructions to a broker to promptly deliver to the Company the amount of proceeds required to pay the exercise price, or (E) any combination
of the foregoing methods of payment. 
 (iii) SHAREHOLDER RIGHTS. A Non-Employee Director shall have no
rights as a shareholder with respect to any shares of Common Stock issuable upon exercise of an Option until a certificate evidencing such shares shall have been issued to the Non-Employee Director pursuant to Section 4(e)(iv), and no
adjustment shall be made for dividends or distributions or other rights in respect of any share for which the record date is prior to the date upon which the Non-Employee Director shall become the holder of record thereof. 
 (iv) ISSUANCE OF SHARES. Subject to the foregoing conditions, as soon as is reasonably practicable after its receipt
of a proper notice of exercise and payment of the exercise price of the Option for the number of shares with respect to which the Option is exercised, the Company shall deliver to the Non-Employee Director (or following the Non-Employee
Director’s death, the Beneficiary entitled to exercise the Option), at the principal office of the Company or at such other location as may be acceptable to the Company and the Non-Employee Director (or such Beneficiary), the appropriate number
of shares of Common Stock issued in connection with such exercise (as evidenced by an appropriate entry on the books of the Company or a duly authorized transfer agent of the Company). Shares sold in connection with a “cashless exercise”
described in clause D of Section 4(e)(ii) shall be delivered to the broker referred to therein in accordance with the procedures established by the Company from time to time. 
 5. RESTRICTED STOCK UNITS. Each Non-Employee Director shall receive grants of Restricted Stock Units under the Plan as follows:

 (a) ANNUAL GRANTS. On the date of each Annual Meeting which occurs on or after the Effective Date and
immediately following which a Non-Employee Director is serving on the Board, such Non-Employee Director shall be automatically granted (on the date of such Annual Meeting) an Award of a number of Restricted Stock Units determined by dividing
(A) $200,000 by (B) the Fair Market Value of the Common Stock on the date of grant, such number to be rounded to the nearest whole number of Restricted Stock Units (each, an “Annual RSU Award”); provided, however, that a
Non-Employee Director who is serving on the Board on the day prior to the Effective Date shall not be entitled to an Annual RSU Award on the date of a particular Annual Meeting unless the Non-Employee Director has served on the Board for at least
three years as of the date of such Annual Meeting. 
 (b) INITIAL GRANTS. Each Non-Employee Director who
first becomes a Non-Employee Director at any time after the Effective Date but other than on the date of an Annual Meeting shall be automatically granted, on the date he or she first becomes a Non-Employee Director, an Award of a number of
Restricted

  

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Stock Units determined by multiplying (A) the quotient obtained by dividing $200,000 by the Fair Market Value of the Common Stock on the date of grant, by (B) a fraction, the numerator
of which shall be the number of days remaining in the 365-day period following the most recent Annual Meeting, and the denominator of which shall be 365 (but in no event shall such fraction be greater than one (1)), such number to be rounded to the
nearest whole number of Restricted Stock Units (each, an “Initial RSU Award”); provided, however, that a Non-Employee Director shall not be eligible to receive an Initial RSU Award if either (i) he or she was an employee of the
Company or any of its Subsidiaries immediately prior to first becoming a Non-Employee Director, or (ii) he or she first becomes a Non-Employee Director at any time on or after February 1 following a particular fiscal year of the Company
and prior to the date of the Annual Meeting following that fiscal year. 
 (c) VESTING; TERMINATION OF
SERVICE. Each Annual RSU Award granted pursuant to Section 5(a) shall fully vest on the February 1 that occurs in the fiscal year of the Company following the fiscal year in which the Award was granted (the “Vesting Date”).
Each Initial RSU Award granted pursuant to Section 5(b) shall fully vest on the Vesting Date established for the Annual RSU Awards granted in connection with the last Annual Meeting to occur prior to the grant date of such Initial RSU Award. If
the Non-Employee Director ceases to serve as a member of the Board for any reason, the Non-Employee Director’s Restricted Stock Units shall terminate to the extent such units have not become vested prior to the first date the Non-Employee
Director is no longer a member of the Board, and the Non-Employee Director will have no rights with respect to, or in respect of, such terminated Restricted Stock Units. 
 (d) PAYMENT OF RESTRICTED STOCK UNITS. On or as soon as administratively practical following each vesting of
Restricted Stock Units granted under the Plan (and in all events not later than two and one-half months after the applicable vesting date), the Company shall deliver to the Non-Employee Director a number of shares of Common Stock (as evidenced by an
appropriate entry on the books of the Company or a duly authorized transfer agent of the Company) equal to the number of Restricted Stock Units that vest on the applicable vesting date, unless such Restricted Stock Units terminate prior to the given
vesting date pursuant to Section 5(c). The Non-Employee Director shall have no further rights with respect to any Restricted Stock Units that are so paid. 
 (e) SHAREHOLDER RIGHTS. A Non-Employee Director shall have no rights as a shareholder of the Company, no dividend
rights and no voting rights with respect to the Restricted Stock Units or any shares of Common Stock underlying or issuable in respect of such Restricted Stock Units until such shares of Common Stock have been issued to the Non-Employee Director
pursuant to Section 5(d). No adjustment shall be made for dividends or distributions or other rights in respect of any share for which the record date is prior to the date upon which the Non-Employee Director shall become the holder of record
thereof. 
 6. RESTRICTIONS ON TRANSFER. An Award may not be transferred, pledged, assigned, or otherwise disposed of,
except by will or by the laws of descent and distribution; PROVIDED, HOWEVER, that an Award may be, with the approval of the Administrator, transferred to a Non-Employee Director’s family members or to one or more trusts established in whole or
in part for the benefit of one or more of such family members. An Option shall be exercisable, during the Non-Employee Director’s lifetime, only by the Non-Employee Director or by the individual or entity to whom the Option has been transferred
in accordance with the previous sentence. No assignment or transfer of an Award, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise, except by will or the laws of descent and distribution, shall
vest in the assignee or transferee any interest or right in the Award, but immediately upon any attempt to assign or transfer the Award the same shall terminate and be of no force or effect. 
 7. DESIGNATION OF BENEFICIARY. 
 (a) BENEFICIARY DESIGNATIONS. Each Non-Employee Director may designate a Beneficiary to exercise an Option or receive payment of an Award upon the Non-Employee Director’s death by executing a
Beneficiary Designation Form. 
  

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 (b) CHANGE OF BENEFICIARY DESIGNATION. A Non-Employee Director may
change an earlier Beneficiary designation by executing a later Beneficiary Designation Form and delivering it to the Administrator. The execution of a Beneficiary Designation Form and its receipt by the Administrator will revoke and rescind any
prior Beneficiary Designation Form. 
 8. ADJUSTMENTS. 
 (a) Subject to Section 9, upon (or, as may be necessary to effect the adjustment, immediately prior to): any
reclassification, recapitalization, stock split (including a stock split in the form of a stock dividend) or reverse stock split; any merger, combination, consolidation, or other reorganization; any spin-off, split-up, or similar extraordinary
dividend distribution in respect of the Common Stock; or any exchange of Common Stock or other securities of the Company, or any similar, unusual or extraordinary corporate transaction in respect of the Common Stock; then the Administrator shall
equitably and proportionately adjust (1) the number and type of shares of Common Stock (or other securities) that thereafter may be made the subject of Awards (including the Share Limit), (2) the number, amount and type of shares of Common
Stock (or other securities or property) subject to any outstanding Awards, (3) the exercise price of any outstanding Options, and/or (4) the securities, cash or other property deliverable upon exercise or payment of any outstanding Awards,
in each case to the extent necessary to preserve (but not increase) the level of incentives intended by the Plan and the then-outstanding Awards. Any good faith determination by the Administrator as to whether an adjustment is required in the
circumstances pursuant to this Section 8(a), and the extent and nature of any such adjustment, shall be conclusive and binding on all persons. 
 (b) It is intended that, if possible, any adjustments contemplated by Section 8(a) be made in a manner that satisfies applicable legal, tax (including, without limitation and as applicable in the
circumstances, Section 409A of the Code) and accounting (so as to not trigger any charge to earnings with respect to such adjustment) requirements. 
 9. CORPORATE TRANSACTIONS. 
 (a) Upon the occurrence of any
of the following: any merger, combination, consolidation, or other reorganization; any exchange of Common Stock or other securities of the Company; a sale of all or substantially all the business, stock or assets of the Company; a dissolution of the
Company; or any other event in which the Company does not survive (or does not survive as a public company in respect of its Common Stock); then the Administrator may make provision for a cash payment in settlement of, or for the assumption,
substitution or exchange of any or all outstanding Awards or the cash, securities or property deliverable to the holder of any or all outstanding Awards, based upon, to the extent relevant under the circumstances, the distribution or consideration
payable to holders of the Common Stock upon or in respect of such event. Upon the occurrence of any event described in the preceding sentence, then, unless the Administrator has made a provision for the substitution, assumption, exchange or other
continuation or settlement of the Award or the Award would otherwise continue in accordance with its terms in the circumstances, each Award shall terminate upon the related event; provided that the holders of outstanding Options shall be given
reasonable advance notice of the impending termination and a reasonable opportunity to exercise their outstanding vested Options in accordance with their terms before the termination of such Options (except that in no case shall more than ten
days’ notice of the impending termination be required). 
 (b) The Administrator may adopt such valuation
methodologies for outstanding Awards as it deems reasonable in the event of a cash or property settlement and, in the case of Options and without limitation on other methodologies, may base such settlement solely upon the excess (if any) of the per
share amount payable upon or in respect of such event over the exercise price of the Option. In any of the events referred to in this Section 9, the Administrator may take such action contemplated by this Section 9 prior to such event (as
opposed to on the occurrence of such event) to the extent that the Administrator deems the action necessary to permit the Non-Employee Director to realize the benefits intended to be conveyed with respect to the underlying shares. Without limiting
the generality of Section 2, any good faith determination by the Administrator pursuant to its authority under this Section 9 shall be conclusive and binding on all persons. 
  

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 10. TERMINATION AND AMENDMENT OF THE PLAN. 
 (a) TERMINATION. Unless earlier terminated by the Board, the Plan shall terminate on November 9, 2019. Following
such date, no further grants of Awards shall be made pursuant to the Plan. 
 (b) GENERAL POWER OF BOARD.
Notwithstanding anything herein to the contrary, the Board may at any time and from time to time terminate, modify, suspend or amend the Plan in whole or in part (including, without limitation, amend the Plan at any time and from time to time,
without shareholder approval, to prospectively change the relative mixture of Options and Restricted Stock Units for the initial and annual Awards granted to Non-Employee Directors hereunder, the methodology for determining the number of shares of
Common Stock to be subject to such Awards within the Plan’s aggregate Share Limit pursuant to Section 3, and the other terms and conditions applicable to such Awards) or, subject to Sections 10(c) and 10(d), amend the terms of any
outstanding Award; PROVIDED, HOWEVER, that no such termination, modification, suspension or amendment shall be effective without shareholder approval if such approval is required to comply with any applicable law or stock exchange rule; and PROVIDED
FURTHER that the Board may not, without shareholder approval, increase the maximum number of shares issuable under the Plan except as provided in Section 8 above. For avoidance of doubt, the Board may, without shareholder approval, provide on a
prospective basis for grants under the Plan to consist of Options only, Restricted Stock Unit Awards only, or a combination of Options and Restricted Stock Unit Awards on such terms and conditions, subject to the Share Limit of Section 3 and
the other express limits of the Plan, as may be established by the Board. 
 (c) WHEN NON-EMPLOYEE
DIRECTORS’ CONSENTS REQUIRED. The Board may not alter, amend, suspend, or terminate the Plan or amend the terms of any outstanding Award without the consent of any Non-Employee Director to the extent that such action would adversely affect
his or her rights with respect to Awards that have previously been granted. 
 (d) NO REPRICING.
Notwithstanding any other provision herein or in any agreement evidencing any Option, in no case (except due to an adjustment contemplated by Section 8 or any repricing that may be approved by shareholders) shall any action be taken with
respect to the Plan or any Option hereunder that would constitute a repricing (by amendment, substitution, cancellation and regrant, exchange or other means) of the per share exercise price of any Option. 
 11. MISCELLANEOUS. 
 (a) NO RIGHT TO REELECTION. Nothing in the Plan shall be deemed to create any obligation on the part of the Board to nominate any of its members for reelection by the Company’s shareholders,
nor confer upon any Non-Employee Director the right to remain a member of the Board for any period of time, or at any particular rate of compensation. 
 (b) SECURITIES LAW RESTRICTIONS. The Administrator may require each Non-Employee Director or any other person purchasing or acquiring shares of Common Stock pursuant to the Plan to agree with the
Company in writing that such Non-Employee Director is acquiring the shares for investment and not with a view to the distribution thereof or provide such other assurances and representations to the Company as the Administrator may deem necessary or
desirable to assure compliance with all applicable legal and accounting requirements. All certificates for shares of Common Stock delivered under the Plan shall be subject to such stock-transfer orders and other restrictions as the Administrator may
deem advisable under the rules, regulations, and other requirements of the Securities and Exchange Commission or any exchange upon which the Common Stock is then listed, and any applicable federal or state securities law, and the Administrator may
cause a legend or legends to be put on any such certificates to make appropriate reference to such restrictions. No shares of Common Stock shall be issued hereunder unless the Company shall have determined that such issuance is in compliance with,
or pursuant to an exemption from, all applicable federal and state securities laws. 
 (c) EXPENSES. The
costs and expenses of administering the Plan shall be borne by the Company. 
  

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 (d) APPLICABLE LAW. Except as to matters of federal law, the Plan and
all actions taken thereunder shall be governed by and construed in accordance with the laws of the State of California without giving effect to conflicts of law principles. 
 (e) AUTHORITY OF THE COMPANY AND SHAREHOLDERS. The existence of the Plan shall not affect or restrict in any way the
right or power of the Company or the shareholders of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company’s capital structure or its business, any merger or consolidation of the
Company, any issue of stock or of options, warrants or rights to purchase stock or of bonds, debentures, preferred or prior preference stocks whose rights are superior to or affect the Common Stock or the rights thereof or which are convertible into
or exchangeable for Common Stock, or the dissolution or liquidation of the Company, or any sale or transfer of all or any part of its assets or business, or any other corporate act or proceeding, whether of a similar character or otherwise.

 12. DEFINITIONS. Capitalized words not otherwise defined in the Plan have the meanings set forth below: 
 “ADMINISTRATOR” means the Board. The Board may delegate ministerial, non-discretionary functions to individuals who are officers
or employees of the Company or any of its Subsidiaries or to third parties. 
 “ANNUAL MEETING” means the first annual
meeting of the Company’s shareholders at which members of the Board are elected following the applicable fiscal year of the Company or the applicable date, as the context may require. By way of example, the Annual Meeting following the
Company’s 2008 fiscal year occurred on February 25, 2009. 
 “ANNUAL RSU AWARD” means an Award of Restricted
Stock Units granted to a Non-Employee Director pursuant to Section 5(a) of the Plan. 
 “AWARD” means an award of
Options or Restricted Stock Units under the Plan. 
 “BENEFICIARY” or “BENEFICIARIES” means an individual or
entity designated by a Non-Employee Director on a Beneficiary Designation Form to exercise Options or receive payment of Awards in the event of the Non-Employee Director’s death; PROVIDED, HOWEVER, that, if no such individual or entity is
designated or if no such designated individual is alive at the time of the Non-Employee Director’s death, Beneficiary shall mean the Non-Employee Director’s estate. 
 “BENEFICIARY DESIGNATION FORM” means a document, in a form approved by the Administrator to be used by Non-Employee Directors to
name their respective Beneficiaries. No Beneficiary Designation Form shall be effective unless it is signed by the Non-Employee Director and received by the Administrator prior to the date of death of the Non-Employee Director. 
 “BOARD” means the Board of Directors of the Company. 
 “CODE” means the Internal Revenue Code of 1986, as amended, and the applicable rules and regulations promulgated thereunder.

 “COMMON STOCK” means the common stock of the Company, no par value per share. 
 “COMPANY” means Apple Inc., a California corporation, or any successor to substantially all of its business. 
 “EFFECTIVE DATE” has the meaning given to such term in the preamble. 
  

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 “EXCHANGE ACT” means the Securities Exchange Act of 1934, as amended, and the
applicable rules and regulations promulgated thereunder. 
 “FAIR MARKET VALUE” means, unless otherwise determined or
provided by the Administrator in the circumstances, the last price (in regular trading) for a share of Common Stock as furnished by the National Association of Securities Dealers, Inc. (the “NASD”) through the NASDAQ Global Market
Reporting System (the “GLOBAL MARKET”) for the date in question or, if no sales of Common Stock were reported by the NASD on the Global Market on that date, the last price (in regular trading) for a share of Common Stock as furnished by
the NASD through the Global Market for the next preceding day on which sales of Common Stock were reported by the NASD. The Administrator may, however, provide with respect to one or more Awards that the Fair Market Value shall equal the last price
for a share of Common Stock as furnished by the NASD through the Global Market on the last trading day preceding the date in question or the average of the high and low trading prices of a share of Common Stock as furnished by the NASD through the
Global Market for the date in question or the most recent trading day. If the Common Stock is no longer listed or is no longer actively traded on the Global Market as of the applicable date, the Fair Market Value of the Common Stock shall be the
value as reasonably determined by the Administrator for purposes of the Award in the circumstances. The Administrator also may adopt a different methodology for determining Fair Market Value with respect to one or more Awards if a different
methodology is necessary or advisable to secure any intended favorable tax, legal or other treatment for the particular Award(s) (for example, and without limitation, the Administrator may provide that Fair Market Value for purposes of one or more
Awards will be based on an average of closing prices (or the average of high and low daily trading prices) for a specified period preceding the relevant date). 
 “INITIAL RSU AWARD” means an Award of Restricted Stock Units granted to a Non-Employee Director pursuant to Section 5(b) of the Plan. 
 “NON-EMPLOYEE DIRECTOR” means a member of the Board who is not an employee of the Company or any of its Subsidiaries. 

“OPTION” means an option to purchase shares of Common Stock awarded to a Non-Employee Director under the Plan. 
 “PLAN” has the meaning given to such term in the preamble. 
 “RESTRICTED STOCK UNIT” means the right to receive one share of Common Stock, subject to the terms and conditions hereof.

 “SHARE LIMIT” shall have the meaning set forth in Section 3 of the Plan. 
 “SUBSIDIARY” means any corporation or other entity a majority of whose outstanding voting stock or voting power is beneficially
owned directly or indirectly by the Company. An entity that attains the status of a Subsidiary on a date after the adoption of the Plan shall be considered a Subsidiary commencing as of such date. 
 “VESTING DATE” shall have the meaning set forth in Section 5(c) of the Plan. 
  

 8First Amendment to Amended and Restated Services Agreement

 Exhibit 10.6(b) 
 FIRST AMENDMENT TO THE AMENDED AND RESTATED SERVICES AGREEMENT 
 THIS FIRST AMENDMENT TO THE AMENDED AND RESTATED SERVICES AGREEMENT (this “Amendment”) is effective as of February 17, 2010, by and among ROYAL STREET COMMUNICATIONS, LLC, a
Delaware limited liability company (“Royal Street”), METROPCS WIRELESS, INC., a Delaware corporation (“MetroPCS”). 
 W I T N E S S E T H: 
 WHEREAS, Royal Street and MetroPCS are parties to
that certain Amended and Restated Services Agreement, executed on December 15, 2005 as of November 24, 2004 (as amended and as may be amended, restated, supplemented or otherwise modified from time to time, the “Services
Agreement”); and 
 WHEREAS, Royal Street and the MetroPCS Parties desire to, and have agreed to, amend the Services
Agreement to allow Royal Street to request services from MetroPCS in connection with the Build-Out and operation of Royal Street Systems on personal communication services and advanced wireless services spectrum leased to Royal Street. 

NOW THEREFORE, in consideration of the premises set forth above, the terms and conditions contained herein and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties, intending to be legally bound, hereby agree to amend the Services Agreement as follows: 
 1. Amendment to WHEREAS clause. The first “WHEREAS” clause under the heading of “RECITALS” is hereby modified and
amended by deleting the following phrase at the end of the sentence “in the event that Royal Street is a Successful Bidder in Auction No. 58.” 
 2. Capitalized Terms. All capitalized terms used herein, which are not defined herein, shall have the meanings ascribed thereto in the Services Agreement, as amended hereby. 
 3. Amendments to Section 1.1.  
 (a) Section 1.1 of the Services Agreement, Definitions, is hereby modified and amended by deleting the following defined terms in their entirety and substituting the following defined terms
listed below in lieu thereof: 
 “Build-Out” means the construction of a PCS System in accordance with
Applicable Law and the rules and regulations promulgated by the FCC. 
 “Licensed Area” means the geographic
area in which Royal Street or MetroPCS is licensed by the FCC to provide PCS Service or in which Royal Street or MetroPCS holds an approved spectrum lease. 

 “Market” shall mean the geographic area(s) in which Royal Street is
authorized by the FCC to provide PCS Service or in which Royal Street holds an approved spectrum lease. 
 “PCS” or
“PCS Service(s)” means the personal communications services and related telecommunications services authorized by Part 24 of the FCC’s rules and advanced wireless services and related telecommunications services authorized by Part
27 of the FCC’s rules. 
 “Royal Street System(s)” means the PCS System(s) constructed and operated by
Royal Street in each of the Markets pursuant to the Licenses or on leased spectrum. 
 (b) Section 1.1 of
the Services Agreement, entitled Definitions, is hereby modified and amended by deleting the defined term “CMRS” in the two places it appears in the definition of “Cell Site Equipment” and substituting the defined
term “PCS” in lieu thereof. 
 (c) Section 1.1 of the Services Agreement, entitled
Definitions, is hereby modified and amended by deleting the defined term “CMRS” in the definition of “Equipment and Facilities” and substituting the defined term “PCS” in lieu thereof. 
 (d) Section 1.1 of the Services Agreement, Definitions, is hereby modified and amended by deleting the words
“CMRS Services” in the definition of “MetroPCS Brand Wireless Services” and substituting “PCS Service” in lieu thereof. 
 (e) Section 1.1 of the Services Agreement, Definitions, is hereby modified and amended by deleting the words
“wholesale PCS” in the definition of “MetroPCS Wholesale Service” and substituting the word “Wholesale” in lieu thereof. 
 (f) Section 1.1 of the Services Agreement, Definitions, is hereby modified and amended by deleting the following
phrase “using the spectrum licensed by the FCC to Royal Street” at the end of the definition of “Network Service.” 
 (g) Section 1.1 of the Services Agreement, Definitions, is hereby modified and amended by deleting the words “CMRS systems” in the definition of “Royal Street Equipment and
Facilities” and substituting “PCS System” in lieu thereof. 
 (h) Section 1.1 of the
Services Agreement, Definitions, is hereby modified and amended by added the following new defined term of “LTE” after the defined term “Licensed Area” and before the defined term “Management Committee”:

 “LTE” means Long Term Evolution broadband technology. 
 4. Amendment to Section 2.2(a). Clause (ii) of Subsection 2.2(a) of the Services Agreement is hereby modified and amended
by deleting the defined term “CMRS” in its entirety and substituting the defined term “PCS Service” in lieu thereof. 
  

 2 

 5. Amendments to Section 5.1. Section 5.1 of the Services Agreement,
Build-Out, is hereby modified and amended as follows: 
 (a) by amending subsection (a) to delete all
references in their entirety in such subsection to the phrase “the Markets in which Royal Street is the Successful Bidder” and substituting the phrase “Royal Street’s Licensed Areas” in lieu thereof. 
 (b) by amending subsection (e)(ii) to delete the words “CMRS systems” in clause (ii) and substituting
“PCS Systems” in lieu thereof and inserting at the end of clause (ii) after the term “CDMA” the following words “and/or LTE.” 
 (c) by amending subsection (g) to delete the phrase “the Markets in which Royal Street is the Successful
Bidder” in its entirety and substituting the phrase “each of Royal Street’s Licensed Areas” in lieu thereof. 
 6. Amendment to Section 5.4(a). Section 5.4(a) of the Services Agreement is hereby modified and amended by deleting in the first sentence of subsection (a) the phrase “the Markets in which Royal Street acquires a
license” in its entirety and substituting the phrase “Royal Street’s Licensed Areas” in lieu thereof and deleting the words “the Market” at the end of the first sentence of subsection (a) and substituting the
phrase “such Licensed Areas” in lieu thereof. 
 7. Amendment to Section 6.4. Section 6.4 of the
Services Agreement, Performance Standards, is hereby modified and amended by deleting in the first sentence the words “CMRS systems” and substituting the “PCS Systems” in lieu thereof and deleting the phrase “Markets
in which Royal Street is the Successful Bidder” and substituting the phrase “Royal Street Markets” in lieu thereof. 
 8. Amendment to Section 7.1. Section 7.1 of the Services Agreement, Alarm Monitoring and Reports, is hereby modified and amended by deleting in the first sentence the word “CMRS” and substituting the word
“PCS” in lieu thereof. 
 9. Amendment to Section 7.3. Section 7.3 of the Services Agreement,
Billing Information, is hereby modified and amended by deleting in the first sentence the word “CMRS” and substituting the word “PCS” in lieu thereof. 
 10. Amendment to Section 10.2(a). Section 10.2(a) of the Services Agreement is hereby modified and amended by deleting the
words “License grant date” and substituting the phrase “date Royal Street first is granted the authority to construct and operate its PCS System in such Market” in lieu thereof. 
 11. Amendment to Section 12.1. Section 12.1 of the Services Agreement, Wholesale Services Fees, is hereby modified
and amended by (i) adding the following phrase “or may have access to pursuant to a spectrum lease” in the first sentence after the words “Royal Street may acquire”; (ii) adding thereafter the following words “and
spectrum lease” in the first sentence after the words “such Licenses”; (iii) adding the phrase “, for Licenses subject to a construction requirement under Part 24 of the FCC’s rules,” in the second sentence after
the words “date on which”; 
  

 3 

 12. Amendment to Section 20.3. Section 20.3 of the Services Agreement,
Consents and Approvals, is hereby modified and amended by adding the phrase “, and to secure FCC approval of any spectrum lease agreement” at the end of the first sentence after the word “Bidder.” 
 13. Amendment to Section 23.18. Section 23.18 of the Services Agreement, entitled Notices, is hereby modified and
amended by deleting the notice addresses for each and all parties and others referenced therein in their entirety and substituting the following in lieu thereof: 
 If to the MetroPCS: 
 MetroPCS Wireless, Inc. 
 2250 Lakeside Boulevard 
 Richardson, TX 75082 
 Attention: Legal Department 
 Telephone: (214) 570-4877 
 Facsimile: (866) 685-9618 
 With a copy (which will not constitute notice)
to: 
 Paul, Hastings, Janofsky & Walker LLP 
 875 15th Street NW 
 Twelfth Floor 
 Washington, DC 20004 
 Attention: Carl W. Northrop 
 Facsimile: (202) 551-0125 
 If to Royal Street: 
 Royal Street Communications, LLC 
 PO Box 2365 
 Southampton, NY 11969 
 Attention: Robert Gerard 
 Telephone: (631) 283-7662 
 Facsimile: (631) 283-9153 
 With a copy (which will not constitute notice) to: 
 Patton Boggs LLP 

2550 M Street, N.W. 
 Washington, D.C. 20037 
 Attention: Paul C. Besozzi 
 Telephone: (202) 457-5292 
 Facsimile: (202) 457-6315 
  

 4 

 14. Amendment to Appendix B. The first sentence of Section 2 of Appendix B of
the Services Agreement, Airtime Rates, is hereby modified and amended by deleting the word “voice” in its entirety. 
 15. No Other Amendments. Except for the amendments, releases, authorizations and waivers specifically set forth above, the Services Agreement shall remain unchanged and in full force and effect. 
 16. Effective Date. This Amendment will be effective as of the date first written above. 
 17. Representations and Warranties. Each of Royal Street and MetroPCS agrees, represents and warrants in favor of the other that
(a) it has the full power and authority to execute and deliver this Amendment and to perform its obligations hereunder; (b) it has taken all action necessary for the execution and delivery of this Amendment and the performance by it of its
obligations hereunder, (c) that the Amendment has been executed and delivered by a duly authorized representative, and (d) the Services Agreement, as modified and amended by this Amendment, constitutes a legal, valid and binding obligation
of each such Party and is enforceable against each such Party in accordance with its terms, except as may be limited by (i) applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws or (ii) general principles of
equity. 
 18. Effect on the Services Agreement. Upon the execution of this Amendment, the Services Agreement shall be,
and be deemed to be, modified and amended in accordance herewith and the respective rights, limitations, obligations, duties and liabilities of the Parties hereto shall hereafter be determined, exercised and enforced subject in all respects to such
modifications and amendments, and all the terms and conditions of this Amendment shall be deemed to be part of the terms and conditions of the Services Agreement, as applicable, for any and all purposes. Except as specifically provided herein, the
Services Agreement shall remain in full force and effect, and is hereby ratified, reaffirmed and confirmed. 
 19.
Counterparts. This Amendment may be executed in any number of separate counterparts, each of which shall be deemed an original and all of which, taken together, shall be deemed to constitute one and the same instrument. In proving this
Amendment in any judicial proceedings, it shall not be necessary to produce or account for more than one such counterpart signed by the party against whom such enforcement is sought. Delivery of an executed counterpart of this Amendment by facsimile
or other electronic method of transmission shall be equally as effective as delivery of an original executed counterpart of this Amendment. 
 20. Law of Contract. This Amendment and the rights and obligations of the Parties shall be governed by and construed in accordance with and subject to the laws of the State of Delaware, without
regard to conflicts of laws principles. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 
  

 5 

 IN WITNESS WHEREOF, this Amendment has been duly executed as of the day and year first
written above. 
  

					
	METROPCS WIRELESS, INC.,
	a Delaware corporation
		
	By:	 	 /s/ Roger D. Linquist

		 	Name:	 	Roger D. Linquist
		 	Title:	 	President and Chief Executive Officer
	
	 ROYAL STREET COMMUNICATIONS, LLC, 
 a Delaware limited liability company

		
	By:	 	 /s/ Robert A. Gerard

		 	Name:	 	Robert A. Gerard
		 	Title:	 	Chief Executive Officer and Chairman of the Management Committee

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