Document:

Form of Stock Option

 Exhibit 10(k) 
  
 Harte-Hanks, Inc. 
 2005 Omnibus Incentive Plan 
 Non-Qualified Stock Option Agreement 
  

					
	Option	 	Number of Shares of Stock	 	Option Price
			
	No.                     	 	Subject to this Option:                     	 	Per Share: $             

  
 THIS AGREEMENT,
effective as of the      day of             , 20     (the “Award Date”), is between Harte-Hanks, Inc., a
Delaware corporation (hereinafter referred to as the “Corporation”), and
                                        
                     (hereinafter referred to as the “Holder”). Capitalized terms used in this Agreement and not otherwise defined
herein shall have the meaning set forth in the Plan (as defined below). 
  
 WITNESSETH: 
  
 WHEREAS, the Corporation has adopted the
Harte-Hanks, Inc. 2005 Omnibus Incentive Plan (the “Plan”), which provides for the granting of Non-Qualified Options to Participants of the Corporation and its Affiliated Corporations as selected by the Compensation Committee (the
“Committee”) of the Corporation’s Board of Directors (the “Board”) to purchase shares of common stock of the Corporation, par value one dollar ($1.00) per share (the “Common Stock”); and 
  
 WHEREAS, the Holder has been selected by the Committee to participate in the
Plan, in accordance with the provisions thereof. 
  
 WHEREAS, the
Committee awarded to the Holder a Non-Qualified Option on the Award Date. 
  
 WHEREAS, the parties hereto desire to evidence in writing the terms and conditions of the option. 
  
 NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants and agreements herein contained and as an inducement to the Holder to be a
[employee, director, consultant] of the Corporation or an Affiliated Corporation, the parties hereto hereby agree as follows: 
  
 1. On the Award Date, the Corporation awarded to the Holder this Non-Qualified Option to purchase from the Corporation, on the terms and conditions herein
set forth and in the Plan, all or any part of the number of shares of Common Stock at the option price per share as set forth above. The grant of this option was effective on the Award Date. Except as otherwise provided in Section 3 below, this
option may not be exercised unless the Holder, at the time he or she exercises this option, is, and has been at all times since the date of grant of this option, a Participant under the Plan (an “Eligible Participant”). 

 2. This option cannot be exercised in whole or in part prior
            . Thereafter, this option may be exercised to the extent shown below (rounded downward, if necessary, to the nearest full share), and to the extent not previously
exercised, on or after the following             : 
  
 Notwithstanding the foregoing, in no event can this option be exercised in whole or in part on or after the date on which this option lapses pursuant to
Section 3. The right of exercise shall be cumulative so that to the extent the option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all shares for which it
is vested until the earlier of the Final Exercise Date (as defined below) or the termination of this option under Section 3 hereof or the Plan. 
  
 3. This option shall expire on
                     (the “Final Exercise Date”) unless terminated prior to the Final Exercise Date pursuant to the terms of this
option or the Plan. This option shall expire 
  
 (a)              after the date of the death or disability (within the meaning of Section 22(e)(3) of the Internal Revenue Code) of the Holder; provided, however, that in
such event this option may only be exercised to the extent it is vested at the time of the Holder’s death or disability; 
  
 (b)              after the Termination Date (as defined below) if the
Holder is then still living and if such termination is for a reason other than for Cause or as a result of a Material Breach (as defined below); provided, however, that in such event this option may only be exercised to the extent it is vested at
the time of the Termination Date; and provided, further, however, that in the event that the Holder dies during the              period immediately after the Termination Date (and
the Holder has not been terminated for Cause or as a result of a Material Breach), then this option shall terminate              after the date of the Holder’s death; or

  
 (c) on the Termination Date, if such
termination was for Cause or as a result of a Material Breach. 
  
 For purposes of this Agreement, “Material Breach” shall mean the material breach of any contractual, statutory, fiduciary or other legal obligation of the Holder to the Corporation, as determined in the sole judgment of the
Corporation, and “Termination Date” shall mean the date on which the Holder is no longer a Participant under the Plan. 
  
 4. This option and the rights and privileges conferred therewith shall not be sold, transferred, encumbered, hypothecated or otherwise conveyed by the
Holder otherwise than by will or by the laws of descent and distribution. This 
  

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 option is not liable for or subject to, in whole or in part, the debts, contracts, liabilities, or torts by the Holder
nor shall it be subject to garnishment, attachment, execution, levy or other legal or equitable process. This option shall be exercisable during the lifetime of the Holder only by the Holder. To the extent exercisable after the Holder’s death,
this option shall be exercised only by the person or persons entitled to receive this option under the Holder’s will, duly probated, or if the Holder shall fail to make a testamentary disposition of this option, by the executor or administrator
of the Holder’s estate. 
  
 5. This option may be exercised
by the Holder, in whole or in part, at anytime by the Holder’s delivering written notice to the Corporation’s Secretary along with full payment of the exercise price under this option for the shares being purchased. The notice must specify
that this option (or a portion thereof) is being exercised and the number of shares with respect to which this option is being exercised. This option may only be exercised as provided in this option and in accordance with such rules and regulations
as may, from time to time, be adopted by the Board or the Committee under the Plan. The exercise of this option shall be deemed effective upon receipt by the Corporation of the notice and payment described in this Section 5. If the Holder exercises
this option in full, it shall be surrendered to the Corporation for cancellation. If the Holder only partially exercises this option, it shall be delivered to the Corporation for the purpose of making appropriate notation thereon, or otherwise
reflecting, in such manner as the Corporation shall determine, the result of such partial exercise of the option. As soon as practicable after the effective exercise of this option, and upon satisfaction of all applicable withholding requirements
pursuant to the Plan, the Holder or the Holder’s nominee, shall be recorded on the Corporation’s stock transfer books as the owner of the shares purchased. The Corporation may, but is not required to, deliver to the Holder one or more duly
issued and executed stock certificates evidencing such ownership. 
  
 6. At the time this option is exercised, payment of the total exercise price for the shares to be purchased shall be made to the Corporation (i) in cash (including check, bank draft or money order), (ii) by transfer from the Holder to the
Corporation of shares of the Corporation’s Common Stock (other than shares of Common Stock that the Committee determines by rule may not be used to exercise this option) that the Holder has held for more than six (6) months with a then current
aggregate Fair Market Value equal to the total exercise price for the portion of this option being exercised, (iii) by the Corporation’s retaining a number of shares of the Common Stock deliverable upon exercise of this option whose aggregate
Fair Market Value is equal to the exercise price to be paid in connection with such exercise; or (iv) to the extent permissible under applicable law, delivery to the Corporation of: (A) a properly executed exercise notice, (B) irrevocable
instructions to a broker to sell a sufficient number of the shares being exercised to cover the exercise price and to promptly deliver to the Corporation (on the same day that the shares of Common Stock issuable upon exercise are delivered) the
amount of sale proceeds required to pay the exercise price and any required tax withholding relating to the exercise, and (C) such other documentation as the Committee and the broker shall require to effect a same-day exercise and sale. 

 
 7. If at any time the Board shall determine, based on opinion of counsel
to the Corporation, that listing, registration or qualification of the shares covered by this option upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory body, is necessary or
desirable as a condition of the exercise of this option, this option may not be exercised in whole or in part unless and until such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions
not acceptable to counsel for the Corporation. 
  

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 8. Any notice to be given under the terms of this option or any delivery of this option to the
Corporation shall be made by personal delivery, through the mail, or by facsimile, electronic mail or other electronic transmission to the Corporation’s Secretary, Harte-Hanks, Inc., P. O. Box 269, San Antonio, Texas 78291, Fax: (210) 829 9139.
Any notice to be given to the Holder shall be addressed to the Holder at the address set forth beneath his or her signature hereto, or at such other address as either party may hereafter designate in writing to the other. Any such notice shall be
deemed to have been duly given if mailed, postage prepaid, addressed as aforesaid. 
  
 9. The granting of this option shall impose no obligation upon the Holder to exercise it or any part thereof. The Holder acknowledges and agrees that the vesting of shares pursuant to the vesting schedule hereof is
earned only by such Holder’s remaining an Eligible Participant (not through the act of being hired, being granted this option or acquiring shares hereunder). The Holder further acknowledges and agrees that this option, the transactions
contemplated hereunder and the vesting schedule set forth herein do not constitute an express or implied promise of continued engagement as an employee, director or consultant of the Corporation or an Affiliated Corporation for the vesting period
for any period, or at all, and shall not interfere in any way with the Holder’s right or the right of the Corporation or any Affiliated Corporation to terminate the Holder’s relationship as an employee, director or consultant at any time
with or without Cause. The Holder acknowledges that the option is not granted by the Corporation as a matter of right, but is granted (and the amount of the award is granted) at the sole discretion of the Committee and is not part of his or her
contractual compensation and does not create and enforceable right to further options in future years or in similar amounts. This discretion of the Committee relates to the award of the options and the amount of the award. The Holder waives any and
all acquired rights claims in connection with past or future employment or service as a consultant or director with the Corporation or any Affiliated Corporation. 
  
 10. Subject to the limitations of the transferability of this option, this Agreement shall be binding upon and inure to the
benefit of the heirs, legal representatives, successors and assigns of the parties hereto. 
  
 11. The interpretation, performance and enforcement of this Agreement shall be governed by the laws of the State of Delaware. 
  
 12. Any provision of this Agreement to the contrary notwithstanding, the Corporation may take such steps as it may deem necessary or desirable for the
withholding of any taxes which it is required by law or regulation of any governmental authority, federal, state or local, domestic or foreign, to withhold in connection with any of the shares subject hereto. Subject to limitations established by
the Committee and/or the Board from time to time, any withholding taxes may be paid by delivery to the Corporation of previously owned shares of Common Stock or by reducing the number of shares issuable upon exercise of this option. 
  

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 13. It is intended that the option evidenced by this Agreement shall not be an incentive stock option as
defined in Section 422 of the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder (the “Code”). 
  
 14. Holder accepts this option subject to all the provisions of the Plan including the provisions that authorize the Committee to administer and interpret
the Plan and that provide the Committee’s and the Board’s decisions, determinations and interpretations with respect to the Plan and options granted thereunder are final and conclusive on all persons affected thereby. The terms and
conditions included in the Plan are incorporated by reference herein, and to the extent that any conflict may exist between any term or provision of this option and any term or provision of the Plan, the term or provision of the Plan shall control.

  
 IN WITNESS WHEREOF, the parties hereto have executed this
Agreement as of the day and year first above written. 
  

					
	Holder:	 	  

		
	 	 	NEW Address Only:
	 	 	  

	 	 	  

	 	 	  

		
	 	 	HARTE-HANKS, INC.
			
	 	 	By:	 	  

  

 5Waiver and Release of Claims between Health Net, Inc. and Marvin P. Rich

 Exhibit 10.2 
  
 WAIVER AND RELEASE OF CLAIMS 
  

This WAIVER AND RELEASE OF CLAIMS (this “Release”) is made and entered into on July 12, 2005, by and between Health Net, Inc. and
its affiliates and subsidiaries (hereinafter referred to as the “Company”) and Marvin P. Rich (hereinafter referred to as the “Employee”). 
  
 WHEREAS, the Company and Employee are parties to an Employment Letter Agreement dated as of January 25, 2002 (the
“Employment Letter Agreement”) and are entering into this Release as a condition to Employee’s receipt of a severance payment thereunder (capitalized terms used but not defined herein shall have the meanings set forth in the
Employment Letter Agreement). 
  
 NOW, THEREFORE, the Company and
Employee agree as follows: 
  

	 	1.	Employee’s employment with the Company will terminate on July 12, 2005 (the “Termination Date”). Upon termination of employment, Employee will not
represent to anyone that he is an employee of the Company and will not say or do anything purporting to bind the Company. Upon Employee’s termination of employment, Employee shall be deemed to have resigned from all other positions with the
Company, if any, held by Employee. 

  

	 	2.	Employee’s termination of employment with the Company shall be considered a termination without Cause that is not within the first two (2) years after a Change in Control
under Section 9(B) of the Employment Letter Agreement, and Employee is therefore eligible to receive (i) a lump sum cash payment equal to (x) twenty-four (24) months of Employee’s Base Salary, which, for avoidance of doubt,
the Company and Employee agree is an amount equal to $1,050,000, and (y) provided that the closing price of the Company’s stock is $35.00 or more per share on the Termination Date, an “incentive bonus amount” equal to two
(2) times the target incentive amount Employee is eligible to receive pursuant to the Company’s MIP for 2005, which, for the avoidance of doubt, the Company and Employee agree is an amount equal to $840,000, (ii) the continuation of
medical, dental, and vision benefits for Employee and his dependents for six (6) months following the Termination Date, and (iii) after the expiration of such six (6) month benefit continuation, the continuation of his medical,
dental, and vision benefits under COBRA for Employee and his dependents for an additional period of eighteen (18) months, provided Employee properly elects to continue those benefits under COBRA. The lump sum payment referred to above will be
paid within thirty (30) days following the Termination Date and the Company will withhold the applicable tax withholdings from such lump sum payment. 

  

	 	3.	Employee and Company acknowledge and agree that all of the terms and conditions of the Nonqualified Stock Option Agreement (the “Option Agreement”) dated as of
January 28, 2002 between the Company and Employee remain in effect, including that Employee shall have a period of three (3) months from the Termination Date to exercise any outstanding stock options which have 

 vested in accordance with the terms of the Option Agreement as of the Termination Date and,
Employee’s departure from the Company shall not be deemed a retirement for purposes of the Option Agreement. 
  

	 	4.	Employee acknowledges that all unused accrued vacation and unused personal absence time will be paid in Employee’s final regular paycheck in keeping with the Company’s
policy and practice or such shorter time as may be required by applicable law. Employee further acknowledges that no further vacation/paid-time-off benefits will accrue after the Termination Date. 

  

	 	5.	Employee’s participation in all Company employee benefit plans as an active employee shall cease on the Termination Date, and Employee shall not be eligible to make
contributions to or to receive allocations under the Health Net, Inc. 401(k) Associate Savings Plan (the “401(k) Plan”) or to make any deferrals pursuant to any deferred compensation plan of the Company after the Termination Date.
For the avoidance of doubt, the parties hereto acknowledge and agree that nothing contained in this Section 5 shall restrict Employee from receiving any distribution under the 401(k) Plan or any deferred compensation plan of the Company to
which Employee is entitled to receive in accordance with and pursuant to the terms of any such plan. 

  

	 	6.	In partial consideration of the Company providing Employee the payments and benefits set forth above and as a condition to receive such payments and benefits, Employee freely and
voluntarily enters into this Release and by signing this Release Employee, on his own behalf and on behalf of his heirs, beneficiaries, successors, representatives, trustees, administrators and assigns, hereby waives and releases the Company, and
each of its past, present and future officers, directors, shareholders, employees, consultants, accountants, attorneys, agents, managers, insurers, sureties, parent and sister corporations, divisions, subsidiary corporations and entities, partners,
joint venturers, affiliates, beneficiaries, successors, representatives and assigns (collectively, the “Released Parties”), from any and all claims, demands, damages, debts, liabilities, controversies, obligations, actions or causes
of action of any nature whatsoever, whether based on tort, statute, contract (specifically including, but not limited to, claims arising out of or related to the Employment Letter Agreement), indemnity, rescission or any other theory of recovery,
including but not limited to claims arising under federal, state or local laws prohibiting discrimination in employment, including Title VII of the Civil Rights Act of 1964, as amended, the Civil Rights Act of 1866, as amended, claims of disability
discrimination under the Americans with Disabilities Act, as amended, the Age Discrimination in Employment Act, as amended (“ADEA”), the Worker Adjustment and Retraining Notification Act (“WARN”), as amended, the
Fair Labor Standards Act, as amended, the Employee Retirement Income Security Act of 1974, as amended, the Family and Medical Leave Act, as amended, the California Fair Employment and Housing 

 Act, as amended, the California Family Rights Act, California Labor Code Section 1400 et seq.
or claims growing out of any legal restrictions on the Company’s right to terminate its employees and whether for compensatory, punitive, equitable or other relief, whether known, unknown, suspected or unsuspected, against the Released
Parties, including without limitation claims which may have arisen or may in the future arise in connection with any event which occurred on or before the date of Employee’s execution of this Release. The provisions in this paragraph do not
extend to any rights Employee may have to enforce the terms of this Release and are not intended to prohibit Employee from filing a claim for unemployment insurance. 
  

	 	7.	Employee expressly waives any right or claim of right to assert hereafter that any claim, demand, obligation and/or cause of action has, through ignorance, oversight or error, been
omitted from the terms of this Release. Employee makes this waiver with full knowledge of his rights and with specific intent to release both his known and unknown claims, and therefore specifically waives the provisions of Section 1542 of the
Civil Code of California or other similar provisions of any other applicable law, which reads as follows: 

  
 “A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the
release, which if known by him must have materially affected his settlement with the debtor.” 
  
 Employee understands and acknowledges the significance and consequence of this Release and of such specific waiver of Section 1542, and expressly
agrees that this Release shall be given full force and effect according to each and all of its express terms and provisions, including those relating to unknown and unsuspected claims, demands, obligations and causes of action herein above
specified. 
  

	 	8.	Employee shall not initiate or cause to be initiated against the Company any compliance review, suit, action, investigation or proceeding of any kind, or voluntarily participate in
same, individually or as a representative, witness or member of a class, under contract, law or regulation, federal, state or local, pertaining to any matter related to his employment with the Company, unless Employee first cooperates in making his
allegations known to the Company for the Company to take corrective action at a time and place designated by the Company. In addition, Employee shall, without further compensation, cooperate with and assist the Company in the investigation of,
preparation for or defense of any actual or threatened third party claim, investigation or proceeding involving the Company or its predecessors or affiliates and arising from or relating to, in whole or in part, Employee’s employment with the
Company or its predecessors or affiliates for which the Company requests Employee’s assistance, which cooperation and assistance shall include, but not be limited to, providing 

 testimony and assisting in information and document gathering efforts. In this connection, it is agreed
that the Company will use its reasonable best efforts to assure that any request for such cooperation will not unduly interfere with Employee’s other material business and personal obligations and commitments. 
  

	 	9.	Employee agrees that he will return to the Company immediately upon termination any building keys, security passes or other access or identification cards and any Company property
that was in his possession, including but not limited to any documents, credit cards, computer equipment, mobile phones or data files. Employee agrees to clear all expense accounts and pay all amounts owed on any corporate credit cards which the
Company previously issued to Employee, subject to the Company’s obligation to reimburse Employee for any properly reimbursable business expenses in accordance with the Company’s expense policies and procedures then in effect.

  

	 	10.	Employee shall not, without the Company’s written consent by an authorized representative, at any time prior or subsequent to the execution of this Release, disclose, use,
remove or copy any confidential, trade secret or proprietary information he acquired during the course of his employment by the Company, including without limitation, any technical, actuarial, economic, financial, procurement, provider, customer,
underwriting, contractual, managerial, marketing or other information of any type that has economic value in the business in which the Company is engaged, but not including any previously published information or other information generally in the
public domain. 

  

	 	11.	In addition to any other part or term of this Release or the Employment Letter Agreement, Employee agrees that he will not, (a) for a period of one (1) year from the date
of this Release, irrespective of the reason for the termination, either directly or indirectly, on his own behalf or on behalf of any other person: (1) make known to any person, firm, corporation or other entity of any type, the names and
addresses of any of the Company’s customers, enrollees or providers or any other information pertaining to them; or (2) disrupt, solicit or influence or attempt to solicit, disrupt or influence any of the Company’s customers,
providers, vendors, agents or independent contractors with whom the Employee became acquainted during the course of employment or service for the purpose of terminating such a person’s or entity’s relationship with the Company or causing
such a person or entity to associate with a competitor of the Company, and (b) following the Termination Date undertake any employment or activity prohibited by the Employment Letter Agreement for the time periods set forth therein. The
prohibitions of this paragraph are not intended to deny employment opportunities within the Employee’s field of employment but are limited only to those prohibitions necessary to protect the Company from unfair competition.

  

	 	12.	Employee acknowledges that the Company is not entering into this Release because it believes that Employee has any cognizable legal claim against the 

 Release Parties. If Employee elects not to sign this Release, the fact that the Release was offered will
not be understood as an indication that the Released Parties believed Employee was treated unlawfully in any respect. 
  

	 	13.	If any part or term of this Release is held invalid or unenforceable, such invalidity or unenforceability shall not affect in any way the validity or enforceability of any other
part or term of this Release. In addition, if any court of competent jurisdiction construes the covenants contained in Section 11 hereof, or any part thereof, to be unenforceable in any respect, the court may reduce the duration or scope to the
extent necessary so that the provision is enforceable, and the provision, as reduced, shall then be enforceable. 

  

	 	14.	Employee agrees and acknowledges that this Release recites all payments and benefits Employee is entitled to receive hereunder and under the Employment Letter Agreement, and that no
other payments or benefits will be asserted or requested by Employee. 

  

	 	15.	Employee acknowledges that he enters into this Release freely, without coercion, and based on the Employee’s own judgment and not in reliance upon any representation or promise
made by the other party, other than those contained herein. There may be no modification of the terms of this Release except in writing signed by the parties hereto including an appropriately authorized Officer of the Company.

  

	 	16.	This Release constitutes the full, complete and exclusive agreement between you and the Company with respect to the subject matters herein and supersedes any prior agreements,
representations or promises of any kind, whether written, oral, express or implied, with respect to the subject matters herein. 

  

	 	17.	Reference is hereby made to the Indemnification Agreement dated as of December 17, 2004 between the Company and Employee (the “Indemnification Agreement”). The
parties hereto acknowledge and agree that any rights Employee has to indemnification from the Company pursuant to the Indemnification Agreement following the Termination Date shall remain in full force and effect in accordance with the terms of the
Indemnification Agreement. The Company further acknowledges and agrees that the rights of Employee pursuant to the Indemnification Agreement are in addition to any other rights to indemnification that Employee may have pursuant to the Company’s
Sixth Amended and Restated Certificate of Incorporation, Ninth Amended and Restated Bylaws, as amended, the Delaware General Corporation Law or otherwise. 

  

	 	18.	This Release shall be construed and governed by the laws of the State of Delaware. 

 EMPLOYEE ACKNOWLEDGES BY SIGNING BELOW that (i) Employee has not relied upon any representations,
written or oral, not set forth in this Release; (ii) at the time Employee was given this Release Employee was informed in writing by the Company that (a) Employee had at least 21 days in which to consider whether Employee would sign the
Release and (b) Employee should consult with an attorney before signing the Release; and (iii) Employee had an opportunity to consult with an attorney and either had such consultations or has freely decided to sign this Release without
consulting an attorney. 
  
 Employee further acknowledges that he
may revoke acceptance of this Release by delivering a letter of revocation within seven (7) days after the later of the dates set forth below addressed to: Health Net, Inc., Corporate Legal Department, 21650 Oxnard Street, Woodland Hills,
California 91367, Attention: General Counsel. 
  
 Finally,
Employee acknowledges that he understands that this Release will not become effective until the eighth (8th) day following his signing this Release and that if Employee does not revoke his acceptance of the terms of this Release within the
seven (7) day period following the date on which Employee signs this Release as set forth above, this Release will be binding and enforceable. 
  
 IN WITNESS WHEREOF, the parties hereto have executed this Release as of the date set forth above. 
  

									
	Employee	 	 	 	Health Net, Inc.
					
	By:	 	/s/    Marvin P. Rich        	 	 	 	By:	 	/s/    Karin D. Mayhew        
	 	 	Name: Marvin P. Rich	 	 	 	 	 	Name: Karin D. Mayhew
	 	 	Title:   Executive Vice President, Operations	 	 	 	 	 	Title:   Senior Vice President of Organizational Effectiveness

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