Document:

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                                                                   EXHIBIT 10.22

                                 LEASE AGREEMENT

 BY AND BETWEEN:

                      Cedar Brook II Corporate Center, L.P.

                                                        "Landlord"

             - and -

                            Amicus Therapeutics, Inc.

                                                        "Tenant"

 PREMISES: 5 Cedar Brook Drive
           Cranbury, NJ 08512

DATED: July 31, 2006

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                                TABLE OF CONTENTS

<TABLE>
<S> <C>                                                                      <C>
1.  ......................................................LEASED PREMISES      1

2.  ........................................................TERM OF LEASE      4

3.  ..................................................TENANT IMPROVEMENTS      4

4.  .................................................................RENT      4

5.  .....................................PARKING AND USE OF EXTERIOR AREA      6

6.  ..................................................................USE      7

7.  .............................................REPAIRS  AND MAINTENANCE      7

8.  ............................COMMON AREA EXPENSES  TAXES AND INSURANCE      8

9.  ................................................................SIGNS     12

10.  ...........................................ASSIGNMENT AND SUBLETTING     12

11.  ...................................................FIRE AND CASUALTY     14

12.  ..........................COMPLIANCE WITH LAWS RULES AND REGULATIONS     16

13.  ..............................................INSPECTION BY LANDLORD     18

14.  ...................................................DEFAULT BY TENANT     19

15.  ..................................LIABILITY OF TENANT FOR DEFICIENCY     21

16.  .............................................................NOTICES     22

17.  ..............................................NON-WAIVER BY LANDLORD     22

18.  ................RIGHT OF TENANT TO MAKE ALTERATIONS AND IMPROVEMENTS     22

19.  ...........................................NON-LIABILITY OF LANDLORD     23

20.  .............................................RESERVATION OF EASEMENT     23

21.  .............................................STATEMENT OF ACCEPTANCE     24

22.  .......................................................FORCE MAJEURE     24

23.  ...................................STATEMENTS BY LANDLORD AND TENANT     24
</TABLE>

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<TABLE>
<S> <C>                                                                      <C>
24.  ........................................................CONDEMNATION     25

25.  .................................................LANDLORD'S REMEDIES     25

26.  .....................................................QUIET ENJOYMENT     26

27.  ...............................................SURRENDER OF PREMISES     26

28.  ...........................................................INDEMNITY     27

29.  ............................................BIND AND CONSTRUE CLAUSE     28

30.  ..........................................................INCLUSIONS     28

31.  .......................................DEFINITION OF TERM "LANDLORD"     28

32.  .....................................COVENANTS OF FURTHER ASSURANCES     29

33.  ..............................................COVENANT AGAINST LIENS     29

34.  .......................................................SUBORDINATION     29

35.  .............................................EXCULPATION OF LANDLORD     29

36.  ............................................................NET RENT     30

37.  ............................................................SECURITY     30

38.  ...........................................................BROKERAGE     30

39.  ........................................................LATE CHARGES     30

40.  ......................................................PRESS RELEASES     31

41.  ................................................WAIVER OF JURY TRIAL     31

42.  ..................................................LAWS OF NEW JERSEY     31

43.  .....................................................OFAC COMPLIANCE     31
</Table>

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            AGREEMENT, made July 31, 2006, between Cedar Brook II Corporate
Center, L.P., 1000 Eastpark Blvd., Cranbury, New Jersey 08512, "Landlord"; and
Amicus Therapeutics, Inc., 6 Cedar Brook Drive, Cranbury, NJ 08512, "Tenant".

                                  WITNESSETH:

            WHEREAS, the Landlord intends to lease to the Tenant a portion of 5
Cedar Brook Drive, Cranbury, NJ 08512 ("Building") constituting a portion of the
office/industrial park known as Cedar Brook Corporate Center ("Office Park");
and

            WHEREAS, a portion of the Building is currently occupied by a tenant
(the "Subtenant") whose lease is expiring on December 31, 2006 ("Subleased
Space"); and

            WHEREAS, the parties hereto wish to mutually define their rights,
duties and obligations in connection with the Lease;

            NOW THEREFORE, in consideration of the promises set forth herein,
the Landlord leases unto the Tenant and the Tenant rents from the Landlord the
leased premises described in Paragraph 1, and the Landlord and Tenant do hereby
mutually covenant and agree as follows:

      1.    LEASED PREMISES

            1.1 The initial space leased by Tenant shall consist of 7,873
rentable square feet of office and laboratory space ("Initial Space").

            1.2 The Tenant shall also occupy the Subtenant's space, which
consists of 9,248 rentable square feet of office and laboratory space
("Subleased Space"), upon delivery of that space vacant and broom clean by
Landlord.

Initial: Landlord
         Tenant (SNS)
Lease Version Date: July 31, 2006

                                       1
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            1.3 The Landlord and Tenant acknowledge that the Subtenant's lease
for the Subleased Space expires on December 31,2006, but the Landlord shall make
every effort to deliver the Subleased Space to the Tenant as soon as possible.
Upon Landlord's delivery of the Subleased Space to Tenant in accordance with the
terms of this subparagraph, the Initial Space and the Subleased Space shall be
referred to herein as the Leased Premises. Tenant shall agree to occupy the
Subleased Space provided Landlord delivers the Subleased Space to Tenant in
vacant and broom clean condition, with all utilities in working order. Landlord
shall notify Tenant, in writing, when the Subleased Space is available and
confirming the date of Tenant's possession of the Subleased Space ("Subleased
Space Commencement Date").

            1.4 In the event that the Subleased Space Commencement Date has not
occurred on or before February 28,2007, the Tenant shall have the right to
terminate this Lease by providing Landlord with written notice of such
termination within 10 days, unless the parties mutually agree, in writing, to
extend said date. Should Tenant terminate the Lease under this provision, Tenant
shall be fully and forever released and discharged from any and all obligations,
covenants or liabilities of whatsoever kind or nature in law or equity or
otherwise arising out of or in connection with the Lease.

            1.5 Until the Subleased Space Commencement Date all references in
this Lease to the Leased Premises shall only refer to the Initial Space.

            1.6 From and after the Subleased Space Commencement Date, the Leased
Premises shall consist of 17,121 square feet as measured from outside of
exterior walls to center line of common walls (the "Common Measurement"), and
with all easements, tenements, appurtenances, hereditaments, rights and
privileges appurtenant thereto. Upon delivery of the Subleased Space to the
Tenant, Tenant shall have the right, at any time during the first 2 weeks after
delivery, to engage an independent architect or surveyor to measure the actual
floor area of the Leased Premises (the "Floor Area"). Tenant's architect

Initial: Landlord
         Tenant (SNS)
Lease Version Date: July 31, 2006

                                       2
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or surveyor shall determine the Common Measurement of the Floor Area, and if the
floor area of the Initial Space or Subleased Space is less or more than the
square foot measurement set forth herein by more than 3%, Tenant's Base Rent
shall be proportionately adjusted. In the event of any adjustment of Tenant's
Base Rent, such adjustment in Floor Area and new Base Rent amount shall be set
forth in a letter agreement within 10 days of the determination of the Floor
Area as provided herein.

            1.7 The Initial Space and the Subleased Space are depicted on
Exhibit "A" attached hereto. Tenant acknowledges that there are no demising
walls between the Initial Space and the Subleased Space and that it shall share
bathrooms, lobby area and the cafeteria with the tenant occupying the Subleased
Space until such time as that tenant vacates. Tenant acknowledges that Landlord
has paid $15,000 to Subtenant, on behalf of Tenant, in order to secure the
Tenant's right to share such space ("Access Payment"), and Landlord has received
a representation from the Subtenant, attached hereto as Exhibit "X", that such
Access Payment guarantees that Tenant shall have the non-exclusive, absolute,
unobstructed right to enter into the Subleased Space in order to enter, use and
take full advantage of the bathrooms, lobby area and cafeteria at all times
during the Term of this Lease ("Access Right"). Tenant shall reimburse Landlord,
with interest, for such amount as set forth in paragraph 4.2(c). Tenant shall
have the option to install, at its own cost and subject to Landlord's reasonable
approval, temporary panels to provide Tenant with direct access to the
bathrooms, lobby area and cafeteria. Tenant shall provide Landlord with a
complete breakdown of such costs ("Temporary Access Costs") in the event
Landlord is required to refund such costs to Tenant as set forth in paragraph
4.3. Tenant shall also have the right to use all common areas of the Office Park
in a similar manner to other Office Park tenants.

      2.    TERM OF LEASE

Initial: Landlord
         Tenant (SNS)
Lease Version Date: July 31, 2006

                                       3
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             The term of the Lease shall be 3 years, to commence on the
 Commencement Date and to end on the day before the 3rd anniversary of the
 Commencement Date. The Commencement Date is projected to be August 7, 2006.

      3.    TENANT IMPROVEMENTS

            3.1 The Landlord constructed the Leased Premises for a prior tenant.
Tenant agrees to accept the Leased Premises in their "AS IS" condition, except
that Landlord will install VCT flooring, at its sole expense, in the unfinished
laboratory space depicted on Exhibit "A".

            3.2 In the event Tenant desires, at any time during the Lease term,
to make any non-structural improvements or modifications to the Leased Premises
("Tenant Improvements") it shall obtain the consent of Landlord, which consent
shall not be unreasonably withheld, conditioned or delayed. Tenant shall be
responsible for the creation of all plans and specifications ("Plans") for the
Tenant Improvements. Landlord will perform all such work necessary to execute
the Plans. Landlord covenants to use its best efforts to complete the
construction of any Tenant Improvements in a timely and cost efficient manner,
and to provide Tenant with accurate estimates of both cost and time prior to the
commencement of the construction. Landlord's charge for the cost of constructing
Tenant Improvements shall be commercially reasonable. All costs of Tenant
Improvement shall be borne by Tenant, unless Landlord incurs additional costs
due to its acts, omissions or delays, provide such delays are not due to events
beyond Landlord's control, and such costs shall be paid within 30 days of
receipt of an invoice from Landlord. In no event shall Landlord utilize any
materials in Tenant Improvements that are, or may reasonably become, a
"hazardous substance", as hereinafter defined.

      4.    RENT

            4.1 Tenant's base rent shall be $18.00 per square foot per year
("Base Rent"). The Base Rent shall be payable in advance in equal monthly
installments on the first day of each calendar

Initial: Landlord
         Tenant (SNS)
Lease Version Date: July 31, 2006

                                       4
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month. Within 30 days of occupancy of the Initial Space and the Subleased Space
the parties will enter into a letter agreement setting forth the actual amount
of the monthly Base Rent to be paid by Tenant based either on the rentable
square feet set forth in paragraph 1 or the actual Floor Area.

            4.2 Tenant shall pay the following which shall be referred to herein
as "Additional Rent":

                  (a) A fixed fee per square foot per year for the Common Area
Expenses (as hereafter defined).

                  (b) Its proportionate share of the real estate taxes
("Proportionate Share"), which shall be adjusted as of each January 1st during
the term, based on the relationship between the rentable square footage leased
to Tenant and the rentable square footage of building construction completed and
occupied in the Office Park. In no event shall the Tenant's proportionate share
increase due to the vacancy of previously occupied space in the Office Park.

                  (c) The sum of $2,580.00 per month, which includes interest,
for the first 6 months of the term in order to reimburse Landlord for the Access
Payment paid to Subtenant as set forth in paragraph 1.4. The obligation of
Tenant to reimburse the Landlord for the Access Payment shall survive in the
event this Lease is terminated prior to the date the Access Payment is paid in
full. In the event the Lease is terminated prior to the final payment of the
Access Payment, Tenant agrees to pay Landlord the remaining balance in a lump
sum on the date of termination.

                  (d) Any other charges as provided in this Lease. The Base
Rent and Additional Rent shall be referred to hereafter as "Rent".

            4.3 In the event Tenant enters into a lease with Landlord for the
entire building at 9 Cedar Brook Drive, Cranbury, NJ (the "Cedar Brook Lease")
at any time during the Lease term then, upon occupancy and commencement of
payment of the rent at 9 Cedar Brook Drive, this Lease shall

Initial: Landlord
         Tenant (SNS)
Lease Version Date: July 31, 2006

                                       5
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expire, terminate and be of no further force and effect. Tenant shall then be
entitled to receive a refund for certain amounts paid hereunder (the "Cedar
Brook Refund"). The amount of the Cedar Brook Refund shall be calculated as if
the Base Rent under this Lease had been $15.50 per square foot instead of $18.00
per square foot, and shall also include a refund of the Temporary Access Costs
and $7,500 of the Access Payment.

            4.4 Tenant covenants to pay the Rent in lawful money of the United
States which shall be legal tender for the payment of all debts, public and
private, at the time of payment. Such Rent shall be paid to Landlord at its
office address hereinabove set forth, or at such other place as Landlord may,
from time to time, designate by notice to Tenant.

            4.5 The Rent shall be payable by Tenant without any set-off or
deduction of any kind or nature whatsoever and without notice or demand. The sum
of all increases required to be paid as Rent in accordance with this Lease,
shall be paid to Landlord within 10 days following the giving of notice hereof
by Landlord of such increases.

      5.    PARKING AND USE OF EXTERIOR AREA

            The Tenant shall have the right to use parking spaces on a
non-exclusive basis in common with other tenants of the Building. Landlord
reserves the right to allocate specific parking spaces if it chooses. The
Landlord and Tenant mutually agree that they will not block, hinder or otherwise
obstruct the access driveways and parking areas so as to impede the free flow of
vehicular traffic on the property. In connection with the use of the loading
platforms, if any, Tenant agrees that it will not use the same so as to
unreasonably interfere with the use of the access driveways and parking areas.
Tenant shall not store trailers or other vehicles on any portion of the access
driveways or parking areas, and may not utilize any portion of the land or
Building outside of the Leased Premises for any purpose unless consented to in
advance by Landlord.

Initial: Landlord
         Tenant (SNS)
Lease Version Date: July 31, 2006

                                        6
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      6.    USE

            The Tenant covenants and agrees to use and occupy the Leased
Premises only as office and laboratory space, which use is expressly subject to
all applicable zoning ordinances, rules and regulations of any governmental
instrumentalities, boards or bureaus having jurisdiction thereof. Tenant's use
of the Leased Premises shall not interfere with the peaceable and quiet use and
enjoyment by other tenants at their respective leased premises located at the
Building or in the Office Park, nor shall Tenant's activities cause Landlord to
be in default under its leases with such other tenants.

      7.    REPAIRS AND MAINTENANCE

            7.1 Tenant shall generally maintain and repair the Leased Premises,
to the extent Tenant has possession of the Leased Premises, in a good and
workmanlike manner, and shall, at the expiration of the term, deliver the Leased
Premises in a condition substantially similar to the condition it was received,
provided that the Subleased Space, including the bathrooms, lobby and cafeteria
shall be returned in the condition substantially similar to its condition of the
Subleased Space Commencement Date, damages by fire or casualty, the elements and
ordinary wear and tear excepted. Tenant covenants and agrees that it shall not
cause or permit any waste, damage or disfigurement to the Leased Premises, or
any overloading of the floors, to the extent that Tenant is in possession of the
Leased Premises. Tenant shall maintain and make all repairs to the floor
surface, plumbing and electrical systems including all ballasts and fluorescent
fixtures located within the Leased Premises, and the HVAC system servicing the
laboratory. Landlord shall be responsible for repairs necessary to the roof,
exterior load-bearing walls, structural systems, the HVAC system servicing the
office areas and the electric and plumbing systems to the point where they enter
the Leased Premises, unless repair is necessitated by any negligent act of
Tenant, or its agents, employees or contractors. Notwithstanding anything
contained herein to the

Initial: Landlord
         Tenant (SNS)
Lease Version Date: July 31, 2006

                                       7
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contrary, any repair or maintenance necessitated by the negligent acts or
omissions of the Landlord shall be the responsibility of the Landlord, at its
sole cost and expense.

            7.2 The Tenant shall, at its own cost and expense, pay
all utility meter and service charges, including telephone, cable service, gas
and electric servicing the Leased Premises. Landlord shall have the option to
install, at its own cost, a separate water meter and invoice Tenant directly for
its water/sewer usage. To the extent Tenant has control of the temperature in
the Leased Premises Tenant agrees to maintain the Leased Premises at a minimum
temperature of 45 degrees to prevent the freezing of domestic water and
sprinkler pipes and no higher than 78 degrees to prevent humidity and mildew,
provided that in no event shall Tenant be held responsible for maintaining the
temperature in the Sublease Space until the Subleased Space Commencement Date.
Tenant shall not store any items outside the Leased Premises, unless such
storage has been agreed to by Landlord, and shall deliver its garbage and
recyclables to the central receiving area on the lot. Tenant shall dispose of
all hazardous/medical waste with an approved hauler at its own cost.

            7.3 Landlord does not warrant that any services Landlord or any
public utilities supply will not be interrupted, provided that Landlord shall
make every effort to ensure that such services within Landlord's control are not
interrupted.

      8.    COMMON AREA EXPENSES, TAXES AND INSURANCE

            8.1 The Tenant shall pay to the Landlord, monthly, as Additional
Rent the cost of the following items all of which shall be known as Common Area
Expenses:

                  (a) The costs incurred by the Landlord for the operation,
maintenance or repair of the following items in the Office Park, which costs
shall be fixed at $2.03 per square foot per year for the calendar year 2006, and
shall increase by 3% each January 1st commencing on January 1, 2007 ("Operating
Costs"):

Initial: Landlord
         Tenant (SNS)
Lease Version Date: July 31, 2006

                                       8
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                        (1)   lawns and landscaping;

                        (2)   standard water/sewer usage and standby sprinkler
                              charges;

                        (3)   exterior and interior common area Building
                              lighting;

                        (4)   exterior sewer lines;

                        (5)   exterior utility lines;

                        (6)   repair and maintenance of any signs serving the
                              Office Park;

                        (7)   snow removal;

                        (8)   standard garbage disposal and recycling;

                        (9)   general ground maintenance;

                        (10)  parking lot, driveways and walkways;

                        (11)  maintenance contracts for the roof;

                        (12)  pest control;

                        (13)  central station monitoring for fire sprinkler
                              system; and

                        (14)  other ordinary and actual maintenance expenses
                              normally incurred by Landlord relating to the
                              Building and common areas of the Office Park;

            The $2.03 per square foot per year, as increased annually, shall
include the cost of the annual insurance premiums charged to the Landlord for
insurance coverage which insure the buildings in the Office Park. The insurance
shall be for the full replacement value of all insurable improvements with any
customary extensions of coverage including, but not limited to, vandalism,
malicious mischief, sprinkler damage and comprehensive liability, and insurance
for one year's rent. The Landlord shall maintain said insurance in effect at all
times hereunder. Any increase in the insurance premiums due to a change in
rating of the Building which is solely attributable to Tenant's use, or solely
due to special

Initial: Landlord
         Tenant (SNS)
Lease Version Date: July 31, 2006

                                       9
<PAGE>

Tenant equipment, shall be paid entirely by the Tenant, provided that Landlord
provide Tenant adequate evidence that such increase is based solely on Tenant's
actions. Tenant expressly acknowledges that Landlord shall not maintain
insurance on Tenant's furniture, fixtures, machinery, inventory, equipment or
other personal property. Tenant shall at all times, at its own cost and expense,
carry sufficient "All Risk" property insurance on a replacement cost basis to
avoid any coinsurance penalties in applicable policies on all of Tenant's
furniture, furnishings, fixtures, machinery, equipment and installations as well
as on any alterations or improvements made to the Leased Premises by Tenant at
its own cost and expense subsequent to the Commencement Date. Such coverage is
to include property undergoing additions and alterations, and shall cover the
value of equipment and supplies awaiting installations. On an annual basis,
Tenant shall furnish Landlord with certificates of the existence of such
insurance; and

                  (b) Tenant's Proportionate Share of the real estate and
personal property taxes assessed against the Office Park for land, building and
improvements, along with any levy for the installation of local improvements
affecting the Office Park assessed by any governmental body having jurisdiction
thereof, which taxes and levies are estimated to be $1.50 per square foot per
year for the first year, provided, however, that Tenant shall be entitled to
Tenant's Proportionate Share of any refund obtained by Landlord with respect to
any taxes. Tenant is advised that the municipality is currently reassessing
property in the Township and real estate taxes for subsequent years cannot be
estimated. The real estate tax obligation of the Tenant shall include any tax or
imposition for parking lot usage which may be levied by any governmental body
having jurisdiction thereof. In addition to its Proportionate Share of the above
items, Tenant shall pay directly all real estate taxes assessed by the
municipality on its Tenant Improvements. Anything in this Section 8.l(b) or
elsewhere in this Lease to the contrary notwithstanding, Tenant shall not be
obligated to pay any part of (1) any taxes on the income of the Landlord or the
holder of an underlying mortgage and any taxes on the income of the lessor under
any

Initial: Landlord
         Tenant (SNS)
Lease Version Date: July 31, 2006

                                       10
<PAGE>

underlying lease, (2) any corporation, unincorporated business or franchise
taxes, (3) any estate gift, succession or inheritance taxes, (4) any capital
gains, mortgage recording or transfer taxes, (5) any taxes or assessments
attributable to any sign attached to, or located on, the Building or the land or
(6) any similar taxes imposed on the Landlord, the holder of any underlying
mortgage or the lessor under any underlying lease; and

                  (c) A management fee of 3% of the Tenant's Base Rent.

            8.2 Tenant's Share of Common Area Expenses for any calendar year,
part of which falls within the term of this Lease and part of which does not,
shall be appropriately prorated, based on 12 months of 30 days each. Additional
Rent charges shall be proportionately pro-rated based on 12 months of 30 days
each should Tenant take possession of the Subleased Space on a day other than
January 1, 2007.

            8.3 If at any time during the term of this Lease the method or scope
of taxation prevailing at the commencement of the lease term shall be altered,
Tenant's Proportionate Share of such substituted tax or imposition shall be
payable and discharged by the Tenant in the manner required pursuant to the law
which shall authorize such change.

            8.4 The Tenant covenants and agrees that it will, at its sole cost
and expense, carry liability insurance covering the Leased Premises in the
minimum amount of $2,000,000.00 per occurrence, $4,000,000.00 aggregate limit
and a minimum amount of $500,000.00 for property damage. The Tenant shall add
the Landlord as an additional insured on such policy and will furnish Landlord
with a certificate of said liability insurance prior to the Commencement Date
and annually thereafter. The certificate shall contain a clause that the policy
will not be canceled except on 10 days written notice to the Landlord.

Initial: Landlord
         Tenant (SNS)
Lease Version Date: July 31, 2006

                                       11
<PAGE>

            8.5 The parties covenant and agree that the insurance policies
required to be furnished in accordance with the terms and conditions of this
Lease, or in connection with insurance policies which they obtain insuring such
insurable interest as Landlord or Tenant may have in its own properties, whether
personal or real, shall expressly waive any right of subrogation on the part of
the insurer against the Landlord or Tenant. Landlord and Tenant each waives all
right of recovery against the other, its agents or employees for any loss,
damage or injury of any nature whatsoever to property or person for which the
waiving party is required by this Lease to carry insurance.

      9.    SIGNS

            Landlord will provide a sign monument listing all of the tenants in
the Building. At its sole expense the Tenant shall have the right to install on
the interior doors at the Leased Premises, only such signs as are required by
Tenant for the purpose of identifying the Tenant.

      10.   ASSIGNMENT AND SUBLETTING

            10.1 The Tenant may not assign or sublet the Leased Premises without
Landlord's consent, which consent shall be within the sole discretion of
Landlord. The Tenant may not assign or sublet the Leased Premises to an existing
tenant in the Office Park or assign or sublease any space in the Office Park
from another tenant, without Landlord's consent, which consent shall be within
the sole discretion of Landlord. Tenant shall advise the Landlord in writing, by
certified mail, return receipt requested of its desire to assign or sublease
(the "Assignment Notice") and Landlord shall have 30 days from receipt of such
notice to notify Tenant whether it rejects or consents to the assignment or
sublease. Landlord shall also have the option to elect to re-capture the Leased
Premises and terminate the Lease, and shall so notify Tenant within 30 days of
receipt of the Assignment Notice. If Landlord elects to recapture the Leased
Premises, Tenant shall surrender the Leased Premises no later than 90 days after

Initial: Landlord
         Tenant (SNS)
Lease Version Date: July 31, 2006

                                       12
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Landlord's written notice of its election to recapture, and Tenant shall be
released from any obligations of this Lease as if it had expired on the day of
such surrender.

            10.2 The Landlord's consent shall not be required and the terms and
conditions of Paragraph 10.1 shall not apply as to Landlord's right to recapture
if the Tenant assigns or subleases the Leased Premises to a parent, subsidiary,
affiliate or other company into which Tenant is merged or reorganized, or with
which Tenant is consolidated, or to the purchaser of all or substantially all of
the assets of Tenant (the "Permitted Transferee").

            10.3 In connection with any permitted assignment or subletting, (i)
the Tenant shall pay monthly to the Landlord 50% of any increment in rent
received by Tenant per square foot over the Rent then in effect during the year
of the assignment or subletting ("Excess Rent"), which payment shall be made
monthly together with the required Rent hereunder; and (ii) if Tenant receives
any consideration or value for such assignment or subletting, Landlord shall be
paid 50% of any such consideration or value within 10 days after receipt of the
same by Tenant. Notwithstanding anything to the contrary contained herein, in no
event shall the Landlord be entitled to any consideration resulting from the
sale of Tenant's business, Tenant goodwill, or any other consideration not
explicitly, directly and solely related to the assignment or subletting of the
Leased Premises. Excess Rent shall be defined as the rent Tenant receives under
the sublease or assignment, over and above the Base Rent Tenant must pay to the
Landlord under this Lease, less tenant fit-up and broker's commissions actually
paid by Tenant. As a condition hereunder, Tenant warrants and represents to
Landlord that it will furnish to Landlord a copy of all pertinent documents with
respect to any such assignment or subletting so as to establish Tenant's
obligation to Landlord hereunder.

            10.4 In the event of any assignment or subletting permitted by the
Landlord, the Tenant shall remain and be directly and primarily responsible for
payment and performance of the within

Initial: Landlord
         Tenant (SNS)
Lease Version Date: July 31, 2006

                                       13
<PAGE>

Lease obligations, and the Landlord reserves the right, at all times, to require
and demand that the Tenant pay and perform the terms and conditions of this
Lease. In the case of a complete recapture, Tenant shall be released from all
further liability with respect to the recaptured space. No such assignment or
subletting shall be made to any Tenant who shall occupy the Leased Premises for
any use other than that which is permitted to the Tenant, or approved in writing
by Landlord, or for any use which may be deemed inappropriate for the Building
or extra hazardous, or which would in any way violate applicable laws,
ordinances or rules and regulations of governmental boards and bodies having
jurisdiction.

      11.   FIRE AND CASUALTY

            11.1 In case of any damage to or destruction of any portion of the
Building of which the Leased Premises is a part by fire or other casualty
occurring during the term of this Lease (or prior thereto), which shall render
at least 1/3 of the floor area of the Leased Premises or the building
untenantable or unfit for occupancy, which damage cannot be repaired within 180
days from the happening of such casualty, using reasonable diligence ("Total
Destruction") then the term hereby created shall, at the option of the Landlord,
upon written notice to the Tenant within 15 days of such fire or casualty, cease
and become null and void from the date of such Total Destruction. In such event
the Tenant shall immediately surrender the Leased Premises to the Landlord and
this Lease shall terminate. The Tenant shall only pay Rent to the time of such
Total Destruction. However, in the event of Total Destruction if the Landlord
shall elect not to cancel this Lease within the 15 day period the Landlord shall
repair and restore the Building to substantially the same condition as it was
prior to the damage or destruction, with reasonable speed and dispatch. The Rent
shall not be accrued after said damage or while the repairs and restorations are
being made, but shall recommence immediately after the Leased Premises are
substantially restored as evidenced by the issuance of a CO/CA by municipal
authorities. In any case where Landlord must restore, consideration shall be
given for delays under the Force Majeure

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paragraph in this Lease. Whether or not this Lease has been terminated as a
result of a casualty, in every instance, all insurance proceeds payable as a
result of damage or destruction to the Building shall be paid to Landlord as its
sole and exclusive property.

            11.2 In the event of any other casualty which shall not be
tantamount to Total Destruction the Landlord shall repair and restore the
Building and the Leased Premises to substantially the same condition as they
were prior to the damage or destruction, with reasonable speed and dispatch. The
Rent shall abate or shall be equitably apportioned as to any portion of the
Leased Premises which shall be unfit for occupancy by the Tenant, or which
cannot be used by the Tenant to conduct its business. The Rent shall recommence
immediately upon substantial restoration of the Leased Premises as evidenced by
the issuance of a CO/CA by municipal authorities.

            11.3 In the event of any casualty caused by an event which is not
covered by Landlord's insurance policy; the Landlord may elect to treat the
casualty as though it had insurance or it may terminate the Lease. If it treats
the casualty as though it had insurance then the provisions of this paragraph
shall apply. The Landlord shall serve a written notice upon the Tenant within 15
days of the casualty specifying the election which it chooses to make.

            11.4 In the event the Landlord rebuilds, the Tenant agrees, at its
cost and expense, to forthwith remove any and all of its equipment, fixtures,
stock and personal property in order to permit Landlord to expedite the
construction. The Tenant shall assume at its sole risk the responsibility for
damage to or security of such fixtures and equipment in the event that any
portion of the Building area has been damaged and is not secure.

      12.   COMPLIANCE WITH LAWS, RULES AND REGULATIONS

            12.1 (a) The Tenant agrees that upon acceptance and occupancy of the
Leased Premises, it will, at its own cost and expense, comply with all statutes,
ordinances, rules, orders,

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regulations and requirements of the Federal, State and Municipal governments
arising from the operations of Tenant at the Leased Premises. The Tenant also
agrees that it will not commit any nuisance or excessive noise, and will dispose
of all garbage and waste in connection with its operations so as to avoid
unreasonable emissions of dirt, fumes, odors or debris. Tenant has advised
Landlord that it uses blood borne pathogens in the normal course of its
business. Landlord has no objection to such use, provided Tenant complies with
all laws, rules and regulations regarding the use and disposal of such blood
borne pathogens.

                  (b) The Tenant agrees, at its own cost and expense, to comply
with such regulations or requests as may be required by the fire or liability
insurance carriers providing insurance for the Leased Premises, and the Board of
Fire Underwriters, in connection with Tenant's use and occupancy of the Leased
Premises.

            12.2 In case the Tenant shall fail to comply with all material
provisions of the aforesaid statutes, ordinances, rules, orders, regulations and
requirements then the Landlord may, after 15 days' notice (except for emergency
repairs, which may be made immediately), enter the Leased Premises and take any
reasonable actions to comply with them, at the cost and expense of the Tenant.
The cost thereof shall be added to the next month's rent and shall be due and
payable as such, or the Landlord may deduct the same from the balance of any sum
remaining in the Landlord's hands. This provision is in addition to the right of
the Landlord to terminate this Lease by reason of any default on the part of the
Tenant. However, in the event that all necessary repairs are made by Tenant, or
the Tenant has commenced repairs with 15 days of notice, the initial failure to
comply with the aforesaid laws and regulations shall not constitute an event of
default.

            12.3 Tenant expressly covenants and agrees to indemnify, defend and
save the Landlord harmless against any claim, damage, liability, cost,
penalties, or fines which the Landlord may

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suffer as a result of air, ground or water pollution directly caused by the
Tenant in its use of the Leased Premises. The Tenant covenants and agrees to
notify the Landlord immediately of any claim or notice served upon it with
respect to any claim that the Tenant is causing air, ground or water pollution;
and the Tenant shall take immediate steps to halt, remedy or cure any pollution
of air, ground or water caused by the Tenant by its use of the Leased Premises.

            12.4 Tenant expressly covenants and agrees to fully comply with the
provisions of the New Jersey Industrial Site Recovery Act (N.J.S.A. 13:lK-6, et
seq.) "ISRA", and its regulations, prior to the termination of the Lease or at
any time that any action of the Tenant triggers the applicability of ISRA. In
particular, the Tenant agrees that it shall comply with the provisions of ISRA
in the event of any "closing, terminating or transferring" of Tenant's
operations, as defined by and in accordance with the regulations. In the event
evidence of such compliance is not delivered to the Landlord prior to surrender
of the Leased Premises by the Tenant to the Landlord, it is understood and
agreed that the Tenant shall be liable to pay to the Landlord an amount equal to
one and one-half times the Base Rent then in effect, together with all
applicable Additional Rent from the date of such surrender until such time as
evidence of compliance with ISRA has been delivered to the Landlord, and
together with any costs and expenses incurred by Landlord in enforcing Tenant's
obligations under this paragraph. Evidence of compliance, as used herein, shall
mean a "letter of non-applicability" issued by the New Jersey Department of
Environmental Protection ("NJDEP"), an approved "negative declaration" or a
"remediation action plan" which has been fully implemented and approved by
NJDEP, or other document evidencing compliance as may then be prescribed by
applicable regulations. Evidence of compliance shall be delivered to the
Landlord, together with copies of all submissions made to the NJDEP, including
all environmental reports, test results and other supporting documentation. In
addition to the above, Tenant agrees that it shall cooperate with Landlord in
the event ISRA is applicable to any portion of the property of which the

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Leased Premises are a part. In such case, Tenant agrees that it shall fully
cooperate with Landlord in connection with any information or documentation
which may be requested by the NJDEP. In the event that any remediation of the
Property is required in connection with the conduct by Tenant of its business at
the Leased Premises, Tenant expressly covenants and agrees that it shall be
responsible for that portion of the remediation which is directly attributable
to the Tenant's operation. Tenant hereby represents and warrants that its North
American Industrial Classification System Code is 325412, and that Tenant shall
not generate, manufacture, refine, transport, treat, store, handle or dispose of
"hazardous substances" as the same are defined under ISRA and the regulations
promulgated pursuant thereto, except in strict compliance with all governmental
rules, regulations and procedures. Tenant hereby agrees that it shall promptly
inform Landlord of any change in its NAICS number and obtain Landlord's consent
for any change in the nature of the business to be conducted in the Leased
Premises. The within covenants shall survive the expiration or earlier
termination of the Lease term.

          13. INSPECTION BY LANDLORD

          The Tenant agrees that the Landlord shall have the right to enter into
the Leased Premises at all reasonable hours for the purpose of examining the
same upon reasonable advance notice of not less than 24 hours (except in the
event of emergency), or to make such repairs as are necessary. Any repair shall
not unduly interfere with Tenant's use of the Leased Premises.

          14. DEFAULT BY TENANT

          14.1 Each of the following shall be deemed a default by Tenant and a
breach of this Lease:

                  (a)   (1) filing of a petition by the Tenant for adjudication
                        as a bankrupt, or for reorganization, or for an
                        arrangement under any federal or state statute, except
                        in a Chapter 11 Bankruptcy where the Rent stipulated
                        herein is being paid

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                        and the terms of the Lease are being complied with;

                        (2) dissolution or liquidation of the Tenant;

                  (3)   appointment of a permanent receiver or a permanent
                        trustee of all or substantially all of the property of
                        the Tenant, if such appointment shall not be vacated
                        within 90 days, provided the Rent stipulated herein is
                        being paid and the terms of the Lease are being complied
                        with, during said 90 day period;

                  (4)   taking possession of the property of the Tenant by a
                        governmental officer or agency pursuant to statutory
                        authority for dissolution, rehabilitation,
                        reorganization or liquidation of the Tenant if such
                        taking of possession shall not be vacated within 90
                        days, provided the Rent stipulated herein is being paid
                        and the terms of the Lease are being complied with,
                        during said 90 day period;

                  (5)   making by the Tenant of an assignment for the benefit of
                        creditors; and

                  (6)   abandonment, desertion or vacation of the Leased
                        Premises by the Tenant.

                  (b) Default in the payment of the Rent herein reserved or any
part thereof, which continues for 10 days after written notice to Tenant.

                  (c) A default in the performance of any other covenant or
condition which this Lease requires the Tenant to perform, for a period of 15
days after notice. However, no default on the part of Tenant shall be deemed to
exist if it diligently commences efforts to rectify same and Landlord is
indemnified against loss or liability arising from the default.

            14.2 In the event of any default set forth above, Landlord may serve
written notice upon the Tenant electing to terminate this Lease upon a specified
date not less than 10 days after the date of serving such notice and this Lease
shall then expire on the date so specified as if that date had been

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         Tenant (SNS)
Lease Version Date: July 31, 2006

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<PAGE>

originally fixed as the expiration date of the term herein granted, provided
that if Tenant cures such default within said 10 day period, then the election
to terminate shall be null and void.

            14.3 In case this Lease shall be terminated due to Tenant's default
as set forth above, Landlord or its agents may, immediately or any time
thereafter, re-enter and resume possession of the Leased Premises or such part
thereof, and remove all persons and property therefrom, either by summary
proceedings or a suitable action or proceeding at law, without being liable for
any damages therefor. No re-entry by Landlord shall be deemed an acceptance of a
surrender of this Lease. However, if the Tenant is in default and vacates the
Leased Premises, or is dispossessed, and fails to remove any property,
machinery, equipment and fixtures or other property within 15 days of the date
Landlord sends a written notice to the last known address of the Tenant, then
the property, machinery, equipment and fixtures or other property left at the
Leased Premises shall, at the option of the Landlord, be conclusively presumed
to be abandoned and may be disposed of by the Landlord without accounting to
Tenant for any of the proceeds. The Tenant shall be liable for any damage which
it causes in the removal of said property from the Leased Premises.

            14.4 In case this Lease shall be terminated, due to Tenant's default
as set forth above Landlord may relet the whole or any portion of the Leased
Premises for any period equal to or greater or less than the remainder of the
then current term, for any sum which it may deem reasonable, to any tenant which
it may deem suitable and satisfactory, and for any use and purpose which it may
deem appropriate. In connection with any such lease Landlord may make such
changes in the character of the improvements on the Leased Premises as Landlord
may determine to be appropriate or helpful in effecting such lease and may grant
concessions or free rent. Landlord shall make reasonable efforts to relet the
Leased Premises and shall at all times comply with law regarding such reletting.
Landlord shall not in any event be required to pay Tenant any sums received by
Landlord on such reletting of the Leased Premises.

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            14.5 In the event this Lease is terminated due to Tenant's default
as set forth above, and whether or not the Leased Premises be relet, Landlord
shall be entitled to recover from the Tenant all Rent due and all expenses,
including reasonable counsel fees, incurred by Landlord in recovering possession
of the Leased Premises, and all reasonable costs and charges for the care of the
Leased Premises while vacant, which damages shall be due at such time as they
are incurred by Landlord; and all other damages set forth in this Paragraph 14
and in Paragraph 15. Without any previous notice or demand, separate actions may
be maintained by Landlord against Tenant from time to time to recover any
damages which have become due and payable to the Landlord without waiting until
the end of the term.

            14.6 In the event that Landlord fails to do, observe, keep and
perform any of the terms, covenants, conditions, agreements or provisions of
this Lease within 20 days after written notice from the Tenant, it shall be
considered a default of Landlord hereunder, unless Landlord has been diligently
pursuing a resolution of the problem.

      15. LIABILITY OF TENANT FOR DEFICIENCY

            In the event that the relation of the Landlord and Tenant terminates
by reason of

            (a)   a default by the Tenant and the re-entry of the Landlord as
                  permitted herein; or

            (b)   by the ejectment of the Tenant by summary proceedings or other
                  judicial proceedings;

it is hereby agreed that the Tenant shall remain liable to pay in monthly
payments the Rent and any other charges which shall accrue. The Tenant expressly
agrees to pay a portion of Landlord's damages for such breach of this Lease the
difference between the Rent herein and the rent received, if any, by the
Landlord, during the remainder of the unexpired term, provided that the Landlord
shall comply with applicable laws with regard to mitigation.

      16. NOTICES

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            All notices required by this Lease shall be given either by
certified mail, return receipt requested, or by reputable overnight courier, or
personal delivery with receipt, at the address set forth on the first page of
this Lease, and/or such other place as the parties may designate in writing.

      17. NON-WAIVER BY LANDLORD

            The failure of Landlord to insist upon the strict performance of any
of the terms of this Lease, or to exercise any option contained herein, shall
not be construed as a waiver of any such term. Acceptance by Landlord of
performance of anything required by this Lease to be performed, with the
knowledge of the breach of any term of this Lease, shall not be deemed a waiver
of such breach, nor shall acceptance of Rent in a lesser amount than is due
(regardless of any endorsement on any check, or any statement in any letter
accompanying any payment of Rent) be construed either as an accord and
satisfaction or in any manner other than as payment on account of the earliest
Rent then unpaid by Tenant. No waiver by Landlord of any term of this Lease
shall be deemed to have been made unless expressed in writing and signed by
Landlord.

      18. RIGHT OF TENANT TO MAKE ALTERATIONS AND IMPROVEMENTS

            The Tenant may not make alterations, additions or improvements to
the Leased Premises, or change the door locks or window coverings, or in any way
alter access to the Leased Premises without the consent of the Landlord, which
consent shall not be unreasonably withheld, conditioned or delayed, provided
that Tenant's proposed alterations, additions or improvements do not decrease
the value of the Leased Premises. Landlord agrees to review any alterations,
additions, or improvements proposed by Tenant within 15 days of receipt of plans
and specifications, and advise Tenant of its decision. Landlord shall also, in
the event it gives consent, advise the Tenant whether Tenant shall be required
to remove the alterations, additions or improvements at the termination of the
Lease and restore the Leased Premises to its state prior to making such
alterations, additions or improvements. Should Landlord fail to respond

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within 15 days of receipt of plans and specifications, the plans and
specifications shall be deemed approved. Any approval given is not intended to
subject the Landlord's property to liability under any lien law. Tenant shall be
responsible for obtaining at its own cost and expense all licenses, permits and
approvals that may be required by any governmental entity having jurisdiction
over the approved alterations, additions and/or improvements. Tenant shall
furnish to Landlord as-built drawings of any alterations, additions or
improvements which are made.

      19. NON-LIABILITY OF LANDLORD

            Tenant agrees to assume all risk of damage to its property,
equipment and fixtures occurring in or about the Leased Premises, whatever the
cause of such damage or casualty. Landlord shall not be liable for any damage or
injury to property caused by or resulting from steam, electricity, gas, water,
rain, ice or snow, or any leak or flow from or into any part of the Building, or
from any damage or injury resulting or arising from any other cause or happening
whatsoever.

      20. RESERVATION OF EASEMENT

            Landlord reserves the right, easement and privilege to enter on the
Leased Premises in order to install, at its own cost and expense, any utility
lines and services in connection therewith as may be required by the Landlord.
It is understood and agreed that if such work as may be required by Landlord
requires any interior installation, or displaces any exterior paving or
landscaping, the Landlord shall at its own cost and expense, restore such items,
to substantially the same condition as they were before such work. The Landlord
covenants that the foregoing work shall not unreasonably interfere with the
normal operation of Tenant's business.

      21. STATEMENT OF ACCEPTANCE

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            Upon the delivery of the Leased Premises to the Tenant the Tenant
covenants and agrees that it will furnish to Landlord a statement which shall
set forth the Date of Commencement and the Date of Expiration of the lease term,
as well as the amounts being charged for Base Rent.

      22. FORCE MAJEURE

            Except for the obligation of the Tenant to pay Rent and other
charges, the period of time during which the Landlord or Tenant is prevented
from performing any act required to be performed under this Lease by reason of
fire, catastrophe, strikes, lockouts, civil commotion, weather conditions, acts
of God, government prohibitions or preemptions or embargoes, inability to obtain
material or labor by reason of governmental regulations, the act or default of
the other party, or other events beyond the reasonable control of Landlord or
Tenant, as the case may be, shall be added to the time for performance of such
act.

      23. STATEMENTS BY LANDLORD AND TENANT

            Landlord and Tenant agree at any time and from time to time upon not
less than 10 days' prior notice from the other to execute, acknowledge and
deliver to the party requesting same, a statement in writing, certifying that
this Lease is unmodified and in full force and effect (or if there have been
modifications, that the same is in full force and effect as modified and stating
the modifications), that it is not in default (or if claimed to be in default,
stating the amount and nature of the default) and specifying the dates to which
the Rent and other charges have been paid in advance.

      24. CONDEMNATION

            24.1 If due to condemnation, (i) more than 15% of the Leased
Premises is taken or rendered untenantable, or (ii) more than 25% of the ground
is taken (including parking areas, but excluding front, side and rear set back
areas), or (iii) a taking materially interferes with Tenant's business
operations, in the Tenant's reasonable opinion, then the lease term created
shall terminate from the date

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when the authority exercising the power of eminent domain takes or interferes
with the use of the Property. The Tenant shall be responsible for the payment of
Rent until the time of surrender. In any event, no part of the Landlord's
condemnation award shall be claimed by the Tenant. Without diminishing
Landlord's award, the Tenant shall have the right to make a claim against the
condemning authority for such independent claim which it may have.

            24.2 In the event of any partial taking which would not be cause for
termination of the Lease, or in the event of any taking in excess of the
percentages provided above and Tenant retains the balance of the Leased Premises
remaining after such taking, then the Rent shall abate in an amount to be
mutually agreed upon between the Landlord and Tenant based on the relationship
that the character of the property prior to the taking bears to the property
which shall remain after the condemnation. The Landlord shall, to the extent
permitted by applicable law and as the same may be practicable, promptly make
such repairs and alterations in order to restore the Building and/or
improvements to a usable condition to the extent of any condemnation award
received by Landlord.

      25. LANDLORD'S REMEDIES

            25.1 The rights and remedies given to the Landlord in this Lease are
distinct, separate and cumulative remedies, and no one of them, whether or not
exercised by the Landlord, shall be deemed to be in exclusion of any of the
others

            25.2 In addition to any other legal remedies for violation or breach
of this Lease by the Tenant or by anyone holding or claiming under the Tenant
such violation or breach shall be restrainable by injunction at the suit of the
Landlord.

      25.3 No receipt of money by the Landlord from any receiver, trustee or
custodian or debtors in possession shall reinstate, or extend the term of this
Lease or affect any notice theretofore given to the Tenant, or to any such
receiver, trustee, custodian or debtor in possession, or operate as a

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<PAGE>

waiver or estoppel of the right of the Landlord to recover possession of the
Leased Premises for any of the causes therein enumerated by any lawful remedy;
and the failure of the Landlord to enforce any covenant or condition by reason
of its breach by the Tenant shall not be deemed to void or affect the right of
the Landlord to enforce the same covenant or condition on the occasion of any
subsequent default or breach

      26. QUIET ENJOYMENT

            The Landlord covenants that the Tenant, on paying the Rent and
performing the covenants and conditions contained in this Lease, may peaceably
and quietly have, hold and enjoy the Leased Premises, in the manner of a
multi-tenanted building, for the Lease term.

      27. SURRENDER OF PREMISES

            On the last day, or earlier permitted termination of the
Lease, Tenant shall quit and surrender the Initial Space in a condition
substantially similar to the condition of the space as of the date of delivery,
and the Subleased Space in a condition substantially similar to the condition of
the Subleased Space on the Sublease Commencement Date, (reasonable wear and
tear, and damage by fire or other casualty excepted) and shall deliver and
surrender the Leased Premises to the Landlord peaceably, together with all
Tenant Improvements. Prior to the expiration of the Lease term the Tenant shall
remove all of its tangible property, fixtures and equipment from the Leased
Premises. All property not removed by Tenant shall be deemed abandoned by
Tenant, and Landlord reserves the right to charge the reasonable cost of such
removal and disposal to the Tenant. If the Leased Premises are not surrendered
at the end of the Lease term, the Tenant shall be liable for double rent under
NJSA 2A:42-6, and Tenant shall indemnify Landlord against loss or liability
resulting from delay by Tenant in surrendering the Leased Premises, including,
without limitation any claims made by any succeeding tenant founded on the
delay, and any loss of income suffered by Landlord. These covenants shall
survive the termination of the Lease.

      28. INDEMNITY

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            Anything in this Lease to the contrary notwithstanding, and without
limiting the Tenant's obligation to provide insurance hereunder, the Tenant
covenants and agrees that it will indemnify, defend and save harmless the
Landlord against and from all liabilities, obligations, damages, penalties,
claims, costs, charges and expenses, including without limitation reasonable
attorneys' fees, which may be imposed upon or incurred by Landlord by reason of
any of the following occurring during the term of this Lease:

            (a) Any matter, cause or thing arising out of Tenant's use,
occupancy, control or management of the Leased Premises and any part thereof.

            (b) Any negligence on the part of the Tenant or any of its agents,
employees, licensees or invitees, arising in or about the Leased Premises.

            (c) Any failure on the part of Tenant to perform or comply with any
of its covenants, agreements, terms or conditions contained in this Lease.

            Subject to the provisions of paragraph 19, the foregoing shall not
require indemnity by Tenant in the event of damage or injury occasioned by the
negligence or acts of commission or omission of the Landlord, its agents,
servants or employees.

            Landlord shall promptly notify Tenant of any such claim asserted
against it and shall promptly send to Tenant copies of all papers or legal
process served upon it in connection with any action or proceeding brought
against Landlord.

      29. BIND AND CONSTRUE CLAUSE

            The terms, covenants and conditions of this Lease shall be binding
upon, and inure to the benefit of, each of the parties hereto and their
respective heirs, successors and assigns. If any one of the provisions of this
Lease shall be held to be invalid by a court of competent jurisdiction, such
adjudication shall not affect the validity or enforceability of the remaining
portions of this Lease. The parties each

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<PAGE>

acknowledge to the other that this Lease has been drafted by both parties, after
consultation with their attorneys, and in the event of any dispute, the
provisions are not to be interpreted against either party as the drafter of the
Lease.

      30. INCLUSIONS

            The neuter gender when used herein, shall include all persons and
corporations, and words used in the singular shall include words in the plural
where the text of the instrument so requires.

      31. DEFINITION OF TERM "LANDLORD"

            When the term "Landlord" is used in this Lease it shall be construed
to mean and include only the entity which is the owner of title to the land and
the building. Upon the transfer by the Landlord of the title, the Landlord shall
advise the Tenant in writing by certified mail, return receipt requested, of the
name of the Landlord's transferee. In such event, the Landlord shall be
automatically freed and relieved from and after the date of such transfer of
title of all personal liability with respect to the performance of any of the
covenants and obligations on the part of the Landlord herein contained to be
performed, provided any such transfer and conveyance by the Landlord is
expressly subject to the assumption by the transferee of the obligations of the
Landlord hereunder.

      32. COVENANTS OF FURTHER ASSURANCES

            If, in connection with obtaining financing for the improvements on
the Leased Premises, the mortgage lender shall request reasonable modifications
in this Lease as a condition to such financing, Tenant will not unreasonably
withhold, delay or refuse its consent thereto, provided that such modifications
do not in Tenant's reasonable judgment increase the obligations of Tenant
hereunder, diminish Tenant's rights hereunder or materially adversely affect the
leasehold interest hereby created or Tenant's use and enjoyment of the Leased
Premises.

      33. COVENANT AGAINST LIENS

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            Tenant agrees that it shall not encumber, or permit to be
encumbered, the Leased Premises or the fee thereof by any lien, charge or
encumbrance, and Tenant shall have no authority to mortgage or hypothecate this
Lease in any way whatsoever. Any violation of this Paragraph shall be considered
a breach of this Lease.

      34. SUBORDINATION

            This Lease shall be subject and subordinate at all times to the lien
of any mortgages or ground leases or other encumbrances now or hereafter placed
on the land, Building and Leased Premises without the necessity of any further
instrument or act on the part of Tenant to effectuate such subordination.
However, Tenant agrees to execute such further documents evidencing the
subordination of the Lease to the lien of any mortgage or ground lease as shall
be desired by Landlord within 15 days, provided such documents are in a form
reasonably acceptable to Tenant.

      35. EXCULPATION OF LANDLORD

            Neither Landlord nor its principals shall have any personal
obligation for the payment of any indebtedness or for the performance of any
obligation under this Lease. The performance of Landlord's obligations expressed
herein may be enforced only against the Building and land of which the Leased
Premises are a part, and the rents, issues and profits thereof. The Tenant
agrees that no deficiency judgment or other judgment for money damages shall be
entered by it against the Landlord or its principals personally in any action.

      36. NET RENT

            It is the intent of the Landlord and Tenant that this Lease shall
yield, net to Landlord, the Base Rent specified and all Additional Rent and
charges in each month during the term of the Lease, and that all costs, expenses
and obligations of every kind relating to the Leased Premises shall be paid by
the Tenant, unless expressly assumed by the Landlord.

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      37. SECURITY

            There shall be no security deposit required.

      38. BROKERAGE

            The parties mutually represent to each other that Triad Properties,
LLC is the broker who negotiated and consummated the within transaction, and
that neither party dealt with any other broker in connection with the Lease. In
the event either party violates this representation, it shall indemnify, defend
and hold the other party harmless from all claims and damages. It is agreed that
the Landlord shall be responsible, at its sole cost and expense, to pay the
brokerage commission in connection with this Lease pursuant to a separate
document.

      39. LATE CHARGES

            In addition to any other remedy, a late charge of 1-1/2% per month,
retroactive to the date Rent was due, shall be due and payable, without notice
from Landlord, on any portion of Rent or other charges not paid within 5 days of
the due date.

      40. PRESS RELEASES

            Landlord shall have the right to announce the execution of this
Lease, the parties hereto, and the real estate brokers involved in such press
releases as Landlord shall deem advisable. In addition, Tenant shall permit
Landlord to use its name and photographs of the Leased Premises (all photographs
being subject to Tenant's prior consent) in Landlord's marketing brochures and
materials, and Tenant agrees to cooperate with Landlord in such regard, in
Tenant's sole discretion, but at no cost or expense to Tenant.

      41. WAIVER OF JURY TRIAL

            Landlord and Tenant both irrevocably waive a trial by jury in any
action or proceeding between them or their successors or assigns arising out

Initial: Landlord
         Tenant (SNS)
Lease Version Date: July 31, 2006

                                       30
<PAGE>

                                Cedar Brook II Corporate Center, L.P.,
                                by its General Partner, Corporate 130, Inc.

Date: Aug 1 06                  /s/ A. Joseph Stern
      ---------                 ------------------------------
                                A. Joseph Stern Landlord

                                Amicus Therapeutics, Inc.

Date: 7-31-06                   By: /s/ John Crowley, CEO
      --------                     ---------------------------
                                   John Crowley Tenant

Initial: Landlord
         Tenant (SNS)
Lease Version Date: July 31, 2006

                                       33exv10w8

 

Exhibit 10.8

NEWFIELD EXPLORATION COMPANY

DEFERRED COMPENSATION PLAN

AS AMENDED AND RESTATED AS OF

JANUARY 1, 2005

 

 

NEWFIELD EXPLORATION COMPANY

DEFERRED COMPENSATION PLAN

AS AMENDED AND RESTATED AS OF JANUARY 1, 2005

W I T N E S S E T H:

     WHEREAS, NEWFIELD EXPLORATION COMPANY, adopted the NEWFIELD EXPLORATION COMPANY DEFERRED
COMPENSATION PLAN (the “Plan”) effective as of April 1, 1997 and last amended it effective
as of December 31, 2002;

     WHEREAS, the Committee has reserved to itself in Section 10.4 the power to amend the Plan; and

     WHEREAS, the Committee desires to make certain amendments to the Plan to bring it into
compliance with Section 409A of the Internal Revenue Code of 1986, as amended.

     NOW THEREFORE, the Plan hereby is amended and restated effective as of January 1, 2005, to
read as follows:

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page
	 	 	 
	I. Definitions and Construction
	 	 	1	 
	1.1 Definitions
	 	 	1	 
	1.2 Number and Gender
	 	 	3	 
	1.3 Headings
	 	 	3	 
	II. Participation
	 	 	3	 
	2.1 Participation
	 	 	3	 
	2.2 Cessation of Active Participation
	 	 	3	 
	III. Account Credits
	 	 	3	 
	3.1 Base Salary Deferrals
	 	 	3	 
	3.2 Bonus Compensation Deferrals
	 	 	4	 
	3.3 Special Rule for Performance-Based Compensation Bonus
	 	 	4	 
	3.4 Effect of 401(k) Plan Hardship Withdrawal
	 	 	5	 
	3.5 Company Deferrals
	 	 	5	 
	3.6 Earnings Credits
	 	 	5	 
	IV. Vesting and In-Service Distributions
	 	 	6	 
	4.1 Vesting
	 	 	6	 
	4.2 In-Service Distributions
	 	 	6	 
	V. Payment of Benefits
	 	 	6	 
	5.1 Payment Election Generally
	 	 	6	 
	5.2 Special Rule for 409A Transition Period Elections
	 	 	6	 
	5.3 Time of Benefit Payment
	 	 	7	 
	5.4 Form of Benefit Payment
	 	 	7	 
	5.5 Failure to Elect Form of Payment
	 	 	7	 
	5.6 Death
	 	 	7	 
	5.7 Acceleration of Payment
	 	 	8	 
	5.8 Designation of Beneficiaries.
	 	 	8	 
	5.9 Unclaimed Benefits
	 	 	8	 
	5.10 Delay of Payments Under Certain Circumstances
	 	 	9	 
	VI. Administration of the Plan
	 	 	9	 
	6.1 Committee Powers and Duties
	 	 	9	 
	6.2 Self-Interest of Members
	 	 	10	 
	6.3 Claims Review
	 	 	10	 
	6.4 Company to Supply Information
	 	 	11	 
	6.5 Indemnity
	 	 	11	 
	VII. Administration of Funds
	 	 	11	 
	7.1 Payment of Expenses
	 	 	11	 
	7.2 Trust Fund Property
	 	 	11	 

i

 

	 	 	 	 	 
	 	 	Page
	 	 	 
	VIII. Nature of the Plan
	 	 	12	 
	IX. Participating Employers
	 	 	12	 
	X. Miscellaneous
	 	 	13	 
	10.1 Not Contract of Employment
	 	 	13	 
	10.2 Alienation of Interest Forbidden
	 	 	13	 
	10.3 Withholding
	 	 	13	 
	10.4 Amendment and Termination
	 	 	13	 
	10.5 Severability
	 	 	13	 
	10.6 Governing Laws
	 	 	14	 
	10.7 Change of Control
	 	 	14	 
	10.8 Compliance with Section 409A
	 	 	14	 

ii

 

I.

Definitions and Construction

     1.1 Definitions. Where the following words and phrases appear in the Plan, they shall have the respective
meanings set forth below, unless their context clearly indicates to the contrary.

     Account: A memorandum bookkeeping account established on the records of the Company
for a Member that is credited with amounts determined in accordance with Article III of the Plan.
As of any determination date, a Member’s benefit under the Plan shall be equal to the amount
credited to his Account as of such date. A Member shall have a 100% nonforfeitable interest in his
Account at all times.

     Board: The Board of Directors of the Company.

     Base Salary: The base rate of cash compensation paid by the Company to or for the
benefit of a Member for services rendered or labor performed while a Member including base pay a
Member could have received in cash in lieu of (A) deferrals pursuant to Section 3.1 and (B)
contributions made on his behalf to any qualified plan maintained by the Company or to any
cafeteria plan under Section 125 of the Code maintained by the Company.

     Bonus Compensation: With respect to any Member for a Plan Year, an amount awarded
under the Newfield Employee 1993 Incentive Compensation Plan or the Newfield Exploration Company
2003 Incentive Compensation Plan.

     Change of Control: The occurrence of any of the following:

     (1) the Company is not the surviving Person (as such term is defined below in this definition)
in any merger, consolidation or other reorganization (or survives only as a subsidiary of another
Person);

     (2) the consummation of a merger or consolidation of the Company with another Person pursuant
to which less than 50% of the outstanding voting securities of the surviving or resulting
corporation are issued in respect of the capital stock of the Company;

     (3) the Company sells, leases or exchanges all or substantially all of its assets to any other
Person;

     (4) the Company is to be dissolved and liquidated;

     (5) any Person, including a “group” as contemplated by Section13(d)(3) of the Securities
Exchange Act of 1934, acquires or gains ownership or control (including the power to vote) of more
than 50% of the outstanding shares of the Company’s voting stock (based upon voting power); or

     (6) as a result of or in connection with a contested election of directors, the Persons who
were directors of the Company before such election cease to constitute a majority of the Board.

 

 

     Notwithstanding the foregoing, the definition of “Change of Control” shall not include (A) any
merger, consolidation, reorganization, sale, lease, exchange, or similar transaction involving
solely the Company and one or more Persons that were wholly owned, directly or indirectly, by the
Company immediately prior to such event or (B) any event that is not a “change in control” for
purposes of Section 409A. For purposes of this definition, “Person” shall mean any individual,
partnership, corporation, limited liability company, trust, incorporated or unincorporated
organization or association or other legal entity of any kind.

     Code: The Internal Revenue Code of 1986, as amended.

     Committee: The Compensation & Management Development Committee of the Board.

     Company: Newfield Exploration Company.

     Company Deferrals: Deferrals made by the Company on a Member’s behalf pursuant to
Section 3.3.

     Company Stock: The common stock of Newfield Exploration Company.

     Effective Date: April 1, 1997.

     Member: Each individual who is a Member pursuant to Article II.

     Plan: The Newfield Exploration Company Deferred Compensation Plan.

     Plan Year: The twelve-consecutive month period commencing January 1 of each year;
provided, however, that the first Plan Year shall begin on the Effective Date and shall end on
December 31, 1997.

     Section 409A: Section 409A of the Code and any applicable regulations or rulings
thereunder.

     Specified Employee: On any date in the applicable period, any employee of the Company
or any affiliate of the Company that would be considered a single employer with the Company under
Section 414(a) and (b) of the Code who was a “key employee” within the meaning of Section 416(i) of
the Code (without regard to paragraph (5) thereof) at any time during the 12-month period ending on
the identification date. For the period beginning January 1, 2005 and ending March 31, 2006, the
identification date is December 31, 2004. Thereafter, the applicable period is each 12-month
period beginning on April 1, 2006 and each subsequent April 1 and the identification date for each
such period is the immediately preceding December 31. For example, for the period beginning April
1, 2006, the identification date is December 31, 2005. Specified Employees shall be determined in
accordance with Section 409A.

     Trust: The trust, if any, established under the Trust Agreement.

     Trust Agreement: The agreement, if any, entered into between the Company and the
Trustee pursuant to Article VIII.

2

 

     Trust Fund: The funds and properties, if any, held pursuant to the provisions of the
Trust Agreement, together with all income, profits and increments thereto.

     Trustee: The trustee or trustees appointed by the Committee who are qualified and
acting under the Trust Agreement at any time.

     1.2 Number and Gender. Wherever appropriate herein, words used in the singular shall be considered to include the
plural and words used in the plural shall be considered to include the singular. The masculine
gender, where appearing in the Plan, shall be deemed to include the feminine gender.

     1.3 Headings. The headings of Articles and Sections herein are included solely for convenience, and if there
is any conflict between such headings and the text of the Plan, the text shall control.

II.

Participation

     2.1 Participation. Prior to January 1, 2007, Members are those employees of the Company, whose Base Salary exceeds
an amount equal to (i) the limitation on elective deferrals provided in Code Section 402(g) ($9,500
for 1997) with such amount to be adjusted automatically to reflect any cost of living adjustment
authorized by Section 402(g)(5) of the Code, divided by (ii) the decimal 0.08. However, for
periods on or after January 1, 2007, Members are those employees of the Company who are designated
by the Committee as eligible to participate in the Plan. The Committee shall notify each employee
who is a Member.

     2.2 Cessation of Active Participation. Notwithstanding any provision herein to the contrary, an employee who is a Member shall cease to
be entitled to defer Base Salary and/or Bonus Compensation hereunder or receive an allocation of
Company Deferrals effective for payroll periods commencing after the first date the employee ceases
to be a Member. Any such Committee action shall be communicated to the affected individual prior
to the effective date of such action.

III.

Account Credits

     3.1 Base Salary Deferrals. Any Member may elect to defer receipt of an integral percentage of from 1% to 90% of his Base
Salary for services to be performed during any Plan Year. A Member’s election to defer
receipt of a percentage of his Base Salary for any Plan Year shall be made on or before the last
day of the preceding Plan Year; provided, however, a Member’s election to defer receipt of a
percentage of his Base Salary for the Plan Year beginning April 1, 1997 shall be made on or before
March 31, 1997. Notwithstanding the foregoing, if any individual initially becomes a Member other
than on the first day of a Plan Year, and, after December 31, 2004, who is treated under Section
409A as first becoming eligible to participate in an “account balance” plan maintained by the
Company, may elect to defer receipt of a percentage of his Base Salary for such Plan Year no later
than 30 days after he first becomes a Member. Such election shall apply only to a pro rata portion
of his Base Salary for such Plan Year based upon the number of days remaining in such Plan Year
after the date of

3

 

the election divided by 365 (or 366 if a leap year). Any such election after
December 31, 2004 shall be effective for payroll periods commencing after the date of the election.
Base Salary for a Plan Year not deferred by a Member pursuant to this Section 3.1 shall be
received by such Member in cash except as provided by any other plan maintained by the Company.
Deferrals of Base Salary under the Plan shall be made before elective deferrals or contributions of
Base Salary under any other plan maintained by the Company. Deferrals of Base Salary made by a
Member for a Plan Year shall be credited to such Member’s Account as of the date the Base Salary
deferrals would have been received by such Member in cash had no deferrals been made pursuant to
this Section 3.1. Deferral elections of Base Salary for a Plan Year pursuant to this Section 3.1
shall be irrevocable through the end of the Plan Year for which it is made.

     3.2 Bonus Compensation Deferrals. Any Member may elect to defer receipt of an integral percentage of from 1% to 100% of his Bonus
Compensation any Plan Year. Such election may apply to the Member’s current award or deferred
award under the Newfield Employee 1993 Incentive Compensation Plan or the Newfield Exploration
Company 2003 Incentive Compensation Plan for a Plan Year. A separate election may be made with
respect to each type of Bonus Compensation (current or deferred) that otherwise would be paid in
cash. A Member’s election to defer receipt of a percentage of his Bonus Compensation for any Plan
Year shall be made on or before the last day of the preceding Plan Year. For Bonus Compensation
earned with respect to services performed after December 31, 2004, the election to defer Bonus
Compensation must be made in the Plan Year preceding the Plan Year in which the bonus period
begins. For example, if Bonus Compensation for 2007 is paid in 2008, the election to defer the
2007 Bonus Compensation must be made in 2006. Notwithstanding the foregoing, (1) a Member’s
election to defer receipt of a percentage of his Bonus Compensation for the Plan Year beginning
April 1, 1997, may be made on or before March 31, 1997 and (2) if any individual initially becomes
a Member other than on the first day of a Plan Year, and, after December 31, 2004, such individual
is treated under Section 409A as first becoming eligible to participate in an “account balance”
plan maintained by the Company, such Member’s election to defer receipt of a percentage of his
Bonus Compensation for such Plan Year may be made no later than 30 days after he becomes a Member,
but such election shall apply only to a pro rata portion of his Bonus Compensation for such Plan
Year based upon the number of complete months remaining in such Plan Year divided by twelve in the
case of Bonus Compensation deferred before 2006 and for Bonus Compensation deferred in 2006 and
thereafter, based on the number of days remaining in the Plan Year divided by 365. Deferrals of
Bonus Compensation under this Plan shall be made before elective deferrals or contributions of
Bonus Compensation under any other plan maintained by the
Company. Bonus Compensation deferrals made by a Member shall be credited to such Member’s Account
as of the date the Bonus Compensation deferral would have been received by such Member had no
deferral been made pursuant to this Section 3.2. Deferral elections of Bonus Compensation for a
Plan Year pursuant to this Section 3.2 shall be irrevocable.

     3.3 Special Rule for Performance-Based Compensation Bonus. In the event that the Company offers bonus compensation that constitutes “performanced-based
compensation” within the meaning of Section 409A, a Member may elect during the enrollment period
or any other enrollment period that is at least 6 months before the end of a performance period to
defer a percentage (from 1% to 100%) of his performance-based compensation bonus for services
performed during a performance period; provided that (i) the performance period must be at least

4

 

12
months; (ii) the enrollment period selected by the Company must end at least 6 months before the
end of the performance period; (iii) the Member must be a Member continuously from the date upon
which the performance criteria for the particular performance period were established through the
date of his election; and (iv) at the time of the election, the performance-based compensation
bonus is not substantially certain to be paid or is not readily ascertainable.

     3.4 Effect of 401(k) Plan Hardship Withdrawal. Effective January 1, 2007, the deferral election of a Member who has taken a hardship withdrawal
pursuant to the Company’s 401(k) plan shall automatically be cancelled effective immediately upon
such withdrawal and for the remainder of the Plan Year in which the withdrawal is made and any
subsequent Plan Year in which deferrals under the 401(k) plan are suspended. Such Member may
recommence participation in the Plan only during an annual enrollment period and his election shall
not become effective until the beginning of the Plan Year following the annual enrollment period.

     3.5 Company Deferrals. For each Plan Year during which a Member has made the maximum elective contributions under the
Newfield Exploration Company 401(k) Plan pursuant to Section 402(g) of the Code, the Company shall
credit a Member’s Account with an amount equal to 100% of the compensation deferrals made by such
Member pursuant to Sections 3.1, 3.2, 3.3 or 3.4 of the Plan, with such amounts being limited to 8%
of a Member’s Base Salary for such Plan Year and reduced by the amount of Company matching
contributions made for the account of the Member under the Newfield Exploration Company 401(k) Plan
for such Plan Year or such lesser amount as may be credited consistent with Section 409A. Company
Deferrals made on a Member’s behalf shall be credited to his Account in accordance with the
procedures established from time to time by the Committee.

     3.6 Earnings Credits. As of the last day of each calendar quarter, a Member’s Account shall be credited with an amount
of earnings based upon the balance of such Member’s Account for each day during such calendar
quarter and utilizing an interest rate equal to for periods before 2003, the prime-based borrowing
rate option established in the Company’s revolving credit facility (or in the absence
thereof the prime rate of interest of The Chase Manhattan Bank, N.A. or its successor) and for
periods after 2002 and before 2007 the highest coupon rate paid on the Company’s public debt.
Interest shall be computed as the average on a daily basis using a 365 or 366 day year as the case
may be, and the actual days elapsed (including the first day but excluding the last day) occurring
in the calendar quarter for which such interest is payable. So long as there is any balance in a
Member’s Account, such Account shall continue to receive earnings credits pursuant to this Section
3.6.

     Beginning January 1, 2007, the Committee from time to time shall select one or more investment
funds that will serve as hypothetical investment options for a Member’s Account (“phantom
investment funds”). The Committee may establish limits on the portion of an Account that may be
hypothetically invested in any phantom investment fund or in any combination of phantom investment
funds. Each Member shall elect pursuant to procedures established by the Committee to treat the
amounts credited to his Account as if they were invested in one or more phantom investment funds (a
“phantom investment election”). A Member may change his phantom investment election in accordance
with the Committee’s procedures. Any phantom investment election shall be effective only if made
in accordance with the Committee’s procedures. The Committee shall cause the Member’s Account to
be adjusted

5

 

for any earnings and losses as if it were invested in accordance with the Member’s
phantom investment election. Such adjustments shall be made until his Account is distributed in
full.

IV.

Vesting and In-Service Distributions

     4.1 Vesting. A Member shall be 100% vested in his Account at all times.

     4.2 In-Service Distributions. Except in the case of hardship as described in this Section 4.2, in-service distribution shall
not be permitted under the Plan, and Members shall not be permitted to make withdrawals from the
Plan prior to termination of employment from the Company. Effective January 1, 2007, a Member may
request that the Committee distribute all, or a part of, his Account balance to him or her if he
experiences severe financial hardship resulting from an illness or accident of the Member, the
spouse of the Member or a dependent (as defined in Section 152(a) of the Code) of the Member, loss
of the Member’s property due to casualty, or other similar extraordinary and unforeseeable
circumstances arising as a result of events beyond the control of the Member. The Committee shall
have the sole discretion to determine whether to grant a Member’s withdrawal request under this
Section 4.2 and the amount to distribute to the Member; provided, however, that no hardship
distribution shall be made to a Member under this Section 4.2 to the extent that such hardship is
or may be relieved (i) through reimbursement or compensation by insurance or otherwise, (ii) by
liquidation of the Member’s assets, to the extent the liquidation of the Member’s assets would not
itself cause severe financial hardship, or (iii) by cessation of deferral elections under this
Plan. The amount of any distributions pursuant to this Section 4.2 shall be limited to the amount
necessary to meet the hardship, plus amounts necessary to pay taxes reasonably anticipated as a
result of the distribution. Distribution shall be made on the first
regularly scheduled pay date that coincides with or immediately follows the first day of the
calendar month following the determination by the Committee that a hardship withdrawal will be
permitted. Members shall not, at any time, be permitted to borrow from the Plan.

V.

Payment of Benefits

     5.1 Payment Election Generally. In conjunction with the Deferral elections made by a Member pursuant to Sections 3.1, 3.2, 3.3
or 3.4 for each Plan Year, such Member shall elect the form of payment with respect to such
Deferral, the Company Deferrals attributable thereto, and the earnings credited thereto. Any such
election regarding the form of payment of a Deferral, the Company Deferrals attributable thereto,
and the earnings credited thereto shall be irrevocable once made.

     5.2 Special Rule for 409A Transition Period Elections. Notwithstanding the provisions of Section 5.1, during a period in 2006 specified by the
Committee, Members shall have a one-time opportunity to change their payment elections in
accordance with applicable Section 409A transition guidance; provided that a Member cannot in 2006
defer payments that the member otherwise would receive in 2006 or cause payments that otherwise
would be made in a subsequent year to be made in 2006.

6

 

     5.3 Time of Benefit Payment. With respect to each Deferral election made by a Member pursuant to Sections 3.1, 3.2, 3.3 or
3.4, such Member shall commence payment of such Deferral, the Company Deferrals attributable
thereto, and the earnings credited thereto on the 30th day following the date of the
termination or, if such date is not a business day, on the first business day that is at least 30
days after the date of the termination; provided, however, that if the Member is a Specified
Employee, such payment shall be made on the date that is 6 months after the date of the termination
or on the next business day if such date is not a business day.

     5.4 Form of Benefit Payment. With respect to each Deferral election made by a Member pursuant to Sections 3.1, 3.2, 3.3 or
3.4, such Member shall elect the form of payment with respect to such Deferral, the Company
Deferrals attributable thereto and the earnings credited thereto from one of the following forms:

     (a) A lump sum; or

     (b) Installment payments for a period not less than one year and not more than 10 years.

Installment payments shall be paid monthly commencing on the date specified in Section 5.3. The
amount of each installment payment shall be determined by multiplying the Deferral, the Company
Deferrals attributable thereto, and the earnings credited thereto at the time of payment by a
fraction, the numerator of which is one and the denominator of which is the number of
remaining installment payments to be made to the Member. In the event the total amount credited to
a Member’s Account does not exceed $50,000, the Account shall be paid in a lump sum.

     5.5 Failure to Elect Form of Payment. If a Member fails to elect the form of payment of a Deferral, such Deferral, the Company
Deferrals attributable thereto and the earnings credited thereto shall be paid in a lump sum.

     5.6 Death. In the event of a Member’s death at a time when amounts are credited to such Member’s Account,
such amounts shall be paid to such Member’s designated beneficiary or beneficiaries at the time set
forth in Section 5.3 and in the form elected by the Member pursuant to Section 5.4, or if no
election has been made, pursuant to Section 5.5. However, the Member’s designated beneficiary or
beneficiaries may request a lump sum payment, to the extent the beneficiary experiences a severe
financial hardship resulting from an illness or accident, loss of the property due to casualty, or
other similar extraordinary and unforeseeable circumstances arising as a result of events beyond
the control of the beneficiary. The Committee shall have the sole discretion to determine whether
to grant a beneficiary’s withdrawal request and the amount to distribute to the beneficiary;
provided, however, that no hardship distribution shall be made to a beneficiary to the extent that
such hardship is or may be relieved (i) through reimbursement or compensation by insurance or
otherwise, or (ii) by liquidation of the beneficiary’s assets, to the extent the liquidation of the
beneficiary’s assets would not itself cause severe financial hardship. The amount of any
distribution shall be limited to the amount necessary to meet the hardship, plus amounts necessary
to pay taxes reasonably anticipated as a result of the distribution.

7

 

     5.7 Acceleration of Payment. The Committee, in its sole discretion, may accelerate the payment of Member’s Account balance to
the Member, or his designated beneficiary in the event of his death, in a lump sum cash payment as
soon as administratively practicable after the Committee determines that such acceleration is
necessary under one or more of the following:

     (a) to fulfill a domestic relations order (as defined in Code Section 414(p)(1)(B))
requirement to pay an individual other than the Member;

     (b) as necessary to comply with a certificate of divestiture (as defined in Code Section
1043(b)(2)) related to a conflict of interest exception under Section 409A;

     (c) to pay the Federal Insurance Contributions Act (FICA) tax imposed under Code Sections 3101
and 3121(a) and (v) on compensation deferred under the Plan (the “FICA Amount”) and the income tax
at source on wages imposed under Code Section 3401 or the corresponding withholding provisions of
applicable state, local or foreign tax laws as a result of the payment of the FICA Amount and the
additional income tax at source on wages attributable to the pyramiding of Code Section 3401 wages
and taxes; provided, however, that the acceleration permitted under this paragraph (c) shall not
exceed the aggregate of the FICA Amount and the income tax withholding related to such FICA Amount;

     (d) to the extent that the Committee determines that the Plan fails to satisfy the
requirements of Section 409A; provided, however, that such distribution shall not exceed the amount
required to be included in income as a result of the failure to comply; and

     (e) upon termination of the Plan, but only to the extent then permitted under Section 409A.

     5.8
Designation of Beneficiaries. (a) Each Member shall have the right to designate the beneficiary or beneficiaries to receive
distribution of his Account in the event of his death. Each such designation shall be made by
executing the beneficiary designation form prescribed by the Committee and filing it with the
Committee. Any such designation may be changed at any time by execution of a new designation in
accordance with this Section 5.8.

     If no such designation is on file with the Committee at the time of the death of the Member or
such designation is not effective for any reason as determined by the Committee, then the
designated beneficiary or beneficiaries to receive the distribution shall be as follows:

     (a) If a Member leaves a surviving spouse, his distribution shall be paid to such surviving
spouse; or

     (b) If a Member leaves no surviving spouse, his distribution shall be paid to such Member’s
executor or administrator, or to his heirs at law if there is no administration of such Member’s
estate.

     5.9 Unclaimed Benefits. If the Committee is unable to locate a Member or beneficiary entitled to a distribution
hereunder, upon the Committee’s determination thereof, such Member’s or beneficiary’s Account shall
be forfeited to the Company. Notwithstanding the foregoing, if subsequent to any such forfeiture
the Member or beneficiary to whom such

8

 

distribution is payable makes a valid claim for such
distribution, such forfeited Account shall be restored, without the crediting of interest
subsequent to the forfeiture, and the balance of such Account shall be distributed to such Member
or beneficiary as soon as administratively practicable.

     5.10 Delay of Payments Under Certain Circumstances. to the extent permitted by Section 409A, the Committee, in its discretion, may delay payment to
a date after the payment date designated in such paragraphs under any of the following
circumstances:

     (a) Payments Made As Soon As Practicable After the Specified Date. Payments will be
made as soon as practicable after the date specified in Section 5.3 and in any event within the
same calendar year or, if later, by the fifteenth day of the third calendar month following the
date specified in Section 5.3.

     (b) Payments that Would Violate a Loan Covenant or Similar Contractual Requirement.
Payment will be delayed where the Committee reasonably anticipates that the making of the payment
will violate a term of a loan agreement or other similar contract to which the Company or another
participating employer is a party and such violation will cause material harm to the Company or
such other employer; provided that the delayed payment is made at the earliest date at which the
Committee reasonably anticipates that the making of the payment will not cause such violation, or
such violation will not cause material harm to the Company or such an employer, and provided that
the facts and circumstances indicate that the Company or such employer entered into such loan
agreement or other similar contract for legitimate business reasons and not to avoid the
restrictions on deferral elections and subsequent deferral elections under Section 409A.

     (c) Payments that Would Violate Federal Securities Laws or Other Applicable Law.
Payment will be delayed where the Committee reasonably anticipates that the making of the payment
will violate federal securities laws or other applicable law; provided that the delayed payment is
made at the earliest date at which the Committee reasonably anticipates that the making of the
payment will not cause such violation.

VI.

Administration of the Plan

     6.1 Committee Powers and Duties. The general administration of the Plan shall be vested in the Committee. The Committee shall
supervise the administration and enforcement of the Plan according to the terms and provisions
hereof and shall have all powers necessary to accomplish these purposes, including, but not by way
of limitation, the right, power, authority, and duty:

     (a) To make rules, regulations, and bylaws for the administration of the Plan that are not
inconsistent with the terms and provisions hereof, and to enforce the terms of the Plan and the
rules and regulations promulgated thereunder by the Committee;

     (b) To construe in its discretion all terms, provisions, conditions, and limitations of the
Plan;

9

 

     (c) To correct any defect or to supply any omission or to reconcile any inconsistency that may
appear in the Plan in such manner and to such extent as it shall deem in its discretion expedient
to effectuate the purposes of the Plan;

     (d) To employ and compensate such accountants, attorneys, investment advisors, and other
agents, employees, and independent contractors as the Committee may deem necessary or advisable for
the proper and efficient administration of the Plan;

     (e) To determine in its discretion all questions relating to eligibility;

     (f) To determine whether and when there has been a termination of a Member’s employment with
the Company, and the reason for such termination;

     (g) To make a determination in its discretion as to the right of any person to a benefit under
the Plan and to prescribe procedures to be followed by distributees in obtaining benefits
hereunder; and

     (h) To receive and review reports from the Trustee as to the financial condition of the Trust
Fund, if any, including its receipts and disbursements.

     6.2 Self-Interest of Members. No member of the Committee shall have any right to vote or decide upon any matter relating
solely to himself under the Plan or to vote in any case in which his individual right to claim any
benefit under the Plan is particularly involved. In any case in which a Committee member is so
disqualified to act and the remaining members cannot agree, the remaining members of the Committee
shall appoint a temporary substitute member to exercise all the powers of the disqualified member
concerning the matter in which he is disqualified.

     6.3 Claims Review. Claims for Plan benefits and reviews of Plan benefit claims which have been denied or modified
will be processed in accordance with the written Plan claims procedures established by the
Committee, which procedures are hereby incorporated by reference as a part of the Plan.

     (a) State the specific reason or reasons for the denial or modification;

     (b) Provide specific reference to pertinent Plan provisions on which the denial or
modification is based;

     (c) Provide a description of any additional material or information necessary for the Member,
his beneficiary, or representative to perfect the claim and an explanation of why such material or
information is necessary; and

     (d) Explain the Plan’s claim review procedure as contained herein.

     In the event a claim for Plan benefits is denied or modified, if the Member, his beneficiary,
or a representative of such Member or beneficiary desires to have such denial or modification
reviewed, he must, within sixty days following receipt of the notice of such denial or
modification, submit a written request for review by the Committee of its initial decision. In

10

 

connection with such request, the Member, his beneficiary, or the representative of such Member or
beneficiary may review any pertinent documents upon which such denial or modification was based and
may submit issues and comments in writing. Within sixty days following such request for review the
Committee shall, after providing a full and fair review, render its final decision in writing to
the Member, his beneficiary or the representative of such Member or beneficiary stating specific
reasons for such decision and making specific references to pertinent Plan provisions upon which
the decision is based. If special circumstances require an extension of such sixty-day period, the
Committee’s decision shall be rendered as soon as possible, but not later than 120 days after
receipt of the request for review. If an extension of time for review is required, written notice
of the extension shall be furnished to the Member, beneficiary, or the
representative of such Member or beneficiary prior to the commencement of the extension period.

     6.4 Company to Supply Information. The Company shall supply full and timely information to the Committee, including, but not
limited to, information relating to each Member’s compensation, age, retirement, death, or other
cause of termination of employment and such other pertinent facts as the Committee may require.
The Company shall advise the Trustee, if any, of such of the foregoing facts as are deemed
necessary for the Trustee to carry out the Trustee’s duties under the Plan and the Trust Agreement.
When making a determination in connection with the Plan, the Committee shall be entitled to rely
upon the aforesaid information furnished by the Company.

     6.5 Indemnity. The Company shall indemnify and hold harmless each member of the Committee against any and all
expenses and liabilities arising out of his administrative functions or fiduciary responsibilities,
including any expenses and liabilities that are caused by or result from an act or omission
constituting the negligence of such member in the performance of such functions or
responsibilities, but excluding expenses and liabilities that are caused by or result from such
member’s own gross negligence or willful misconduct. Expenses against which such member shall be
indemnified hereunder shall include, without limitation, the amounts of any settlement or judgment,
costs, counsel fees, and related charges reasonably incurred in connection with a claim asserted or
a proceeding brought or settlement thereof.

VII.

Administration of Funds

     7.1 Payment of Expenses. All expenses incident to the administration of the Plan and Trust, including but not limited to,
legal, accounting, Trustee fees, and expenses of the Committee, may be paid by the Company and, if
not paid by the Company, shall be paid by the Trustee from the Trust Fund, if any.

     7.2 Trust Fund Property. All income, profits, recoveries, contributions, forfeitures and any and all moneys, securities
and properties of any kind at any time received or held by the Trustee, if any, shall be held for
investment purposes as a commingled Trust Fund pursuant to the terms of the Trust Agreement. The
Committee shall maintain one or more Accounts in the name of each Member, but the maintenance of an
Account designated as the Account of a Member shall not mean that such Member shall have a greater
or lesser interest than that due him by operation of the Plan and shall not be considered as
segregating any funds or property from

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any other funds or property contained in the commingled
fund. No Member shall have any title to any specific asset in the Trust Fund, if any.

VIII.

Nature of the Plan

     The Company intends and desires by the adoption of the Plan to recognize the value to the
Company of the past and present services of employees covered by the Plan and to encourage and
assure their continued service with the Company by making more adequate provision for their future
retirement security. The Plan is intended to constitute an unfunded, unsecured plan of deferred
compensation for a select group of management or highly compensated employees of the Company. Plan
benefits herein provided are to be paid out of the Company’s general assets. The Plan constitutes
a mere promise by the Company to make benefit payments in the future and Members have the status of
general unsecured creditors of the Company. Nevertheless, subject to the terms hereof and of the
Trust Agreement, if any, the Company may transfer money or other property to the Trustee and the
Trustee shall pay Plan benefits to Members and their beneficiaries out of the Trust Fund.

     The Committee, in its sole discretion, may establish the Trust and direct the Company to enter
into the Trust Agreement and adopt the Trust for purposes of the Plan. In such event, the Company
shall remain the owner of all assets in the Trust Fund and the assets shall be subject to the
claims of the Company’s creditors if the Company ever becomes insolvent. For purposes hereof, the
Company shall be considered “insolvent” if (a) the Company is unable to pay its debts as they
become due, or (b) the Company is subject to a pending proceeding as a debtor under the United
Sates Bankruptcy Code (or any successor federal statute). The chief executive officer of the
Company and its Board shall have the duty to inform the Trustee in writing if the Company becomes
insolvent. Such notice given under the preceding sentence by any party shall satisfy all of the
parties’ duty to give notice. When so informed, the Trustee shall suspend payments to the Members
and hold the assets for the benefit of the Company’s general creditors. If the Trustee receives a
written allegation that the Company is insolvent, the Trustee shall suspend payments to the Members
and hold the Trust Fund for the benefit of the Company’s general creditors, and shall determine
within the period specified in the Trust Agreement whether the Company is insolvent. If the
Trustee determines that the Company is not insolvent, the Trustee shall resume payments to the
Members. No Member or beneficiary shall have any preferred claim to, or any beneficial ownership
interest in, any assets of the Trust Fund.

IX.

Participating Employers

     The Committee may designate any entity or organization eligible by law to participate in this
Plan as an Employer by written instrument delivered to the Secretary of the Company and the
designated Employer. Such written instrument shall specify the effective date of such designated
participation, may incorporate specific provisions relating to the operation of the Plan which
apply to the designated Employer only and shall become, as to such designated Employer and its
employees, a part of the Plan. Each designated Employer shall be conclusively presumed to have
consented to its designation and to have agreed to be bound by the terms of the Plan and any and
all amendments thereto upon its submission of information to the Committee required by

12

 

the terms of
or with respect to the Plan; provided, however, that the terms of the Plan may be modified so as to
increase the obligations of an Employer only with the consent of such Employer, which consent shall
be conclusively presumed to have been given by such Employer
upon its submission of any information to the Committee required by the terms of or with
respect to the Plan. Except as modified by the Committee in its written instrument, the provisions
of this Plan shall be applicable with respect to each Employer separately, and amounts payable
hereunder shall be paid by the Employer which employs the particular Member, if not paid from the
Trust Fund.

X.

Miscellaneous

     10.1 Not Contract of Employment. The adoption and maintenance of the Plan shall not be deemed to be a contract between the
Company and any person or to be consideration for the employment of any person. Nothing herein
contained shall be deemed to give any person the right to be retained in the employ of the Company
or to restrict the right of the Company to discharge any person at any time nor shall the Plan be
deemed to give the Company the right to require any person to remain in the employ of the Company
or to restrict any person’s right to terminate his employment at any time.

     10.2 Alienation of Interest Forbidden. The interest of a Member or his beneficiary or beneficiaries hereunder may not be sold,
transferred, assigned, or encumbered in any manner, either voluntarily or involuntarily, and any
attempt so to anticipate, alienate, sell, transfer, assign, pledge, encumber, or charge the same
shall be null and void; neither shall the benefits hereunder be liable for or subject to the debts,
contracts, liabilities, engagements or torts of any person to whom such benefits or funds are
payable, nor shall they be an asset in bankruptcy or subject to garnishment, attachment or other
legal or equitable proceedings.

     10.3 Withholding. All deferrals and payments provided for hereunder shall be subject to applicable withholding and
other deductions as shall be required of the Company under any applicable local, state or federal
law.

     10.4 Amendment and Termination. The Committee may from time to time, in its discretion, amend, in whole or in part, any or all
of the provisions of the Plan; provided, however, that no amendment may be made that would impair
the rights of a Member with respect to amounts already allocated to his Account except that an
amendment to change phantom investment options or an amendment that the Committee determines is
necessary or desirable to comply with Section 409A shall not require the consent of any Member.
The Committee may terminate the Plan at any time. Any such amendment to or termination of the Plan
shall be in writing and signed by a member of the Committee.

     10.5 Severability. If any provision of this Plan shall be held illegal or invalid for any reason, said illegality
or invalidity shall not affect the remaining provisions hereof; instead, each provision shall be
fully
severable and the Plan shall be construed and enforced as if said illegal or invalid provision had
never been included herein.

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     10.6 Governing Laws. All provisions of the Plan shall be construed in accordance with the laws of Texas except to the
extent preempted by federal law.

     10.7 Change of Control. Notwithstanding any provision of this Plan to the contrary, the Company, by resolution of the
Committee, shall have the full discretion and power to terminate the Plan within 30 days preceding
or 12 months after a Change of Control of the Company and, in the event of such termination, the
Company shall distribute each Member’s account within 12 months of the date of such termination.

     10.8 Compliance with Section 409A. The Company intends that this Plan by its terms and in operation meet the requirements of
Section 409A so that compensation deferred under this Plan (and applicable investment earnings)
shall not be included in income under Section 409A. Any ambiguities in this Plan shall be
construed to effect this intent. If any provision of this Plan is found to be in violation of
Section 409A, then such provision shall be deemed to be modified or restricted to the extent and in
the manner necessary to render such provision in conformity with Section 409A, or shall be deemed
excised from this Plan, and this Plan shall be construed and enforced to the maximum extent
permitted by the Section 409A as if such provision had been originally incorporated in this Plan as
so modified or restricted, or as if such provision had not been originally incorporated in this
Plan, as the case may be.

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