Document:

Consent and Amendment No. 5 to Credit Agreement dated May 3, 2007

 Exhibit 10.1 
 CONSENT AND AMENDMENT NO. 5 TO CREDIT AGREEMENT 
 This CONSENT AND AMENDMENT NO. 5 TO CREDIT
AGREEMENT (“Amendment”) is entered into as of May 3, 2007, by and among SAVVIS Communications Corporation, a Missouri corporation (“Borrower”), SAVVIS, Inc. (f/k/a SAVVIS Communications Corporation), a Delaware corporation
(“Holdings”), Wells Fargo Foothill, Inc., as a Lender and as Agent for all Lenders (“Agent”) and the other Lenders party to the Credit Agreement (as hereinafter defined). 
 W I T N E S S E T H: 
 WHEREAS, Borrower, Holdings, Agent and Lenders are
parties to that certain Credit Agreement, dated as of June 10, 2005 (as amended, modified or supplemented from time to time, the “Credit Agreement”; capitalized terms not otherwise defined herein have the definitions provided
therefore in the Credit Agreement); 
 WHEREAS, Borrowers have advised Agent and Lenders that Holdings desires to offer and issue up to
$345,000,000 of Convertible Senior Notes due May 15, 2012 (the “Note Issuance”) pursuant to that certain Preliminary Prospectus, dated May 3, 2007, and attached hereto as Exhibit A (the “Prospectus”) and that
certain form of Indenture attached hereto as Exhibit B (the “Indenture”); 
 WHEREAS, in absence of the prior written
consent of Lenders, the Note Issuance would result in separate Defaults under Section 6.1, 6.10 and 6.17 of the Credit Agreement and separate Events of Default under Section 7.2(a) of the Credit Agreement; and 
 WHEREAS, Borrower has informed Agent and Lenders that it desires to amend the Credit Agreement in certain respects and Agent and Lenders have agreed to
amend the Credit Agreement as set forth herein; 
 NOW THEREFORE, in consideration of the mutual conditions and agreements set forth in the
Credit Agreement and this Amendment, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 
 1. Consent. Subject to the satisfaction of the conditions set forth in Section 3 below, Agent and Lenders hereby consent to the Note Issuance
in accordance with the terms of the Prospectus and the Indenture. This is a limited consent and shall not be deemed to constitute a consent to or waiver of any Event of Default, Default or breach of the Credit Agreement or of the other Loan
Documents or other requirements of any provision of the Credit Agreement or other Loan Documents. 
 2. Amendment. Subject to the
satisfaction of the conditions set forth in Section 2 below, the Credit Agreement is amended as follows: 
  

 (a) Section 6.1 of the Loan Agreement shall be amended by deleting the word “and” at the
end of clause (j) thereof, amending clause (k) thereof so that it is now a reference to clause (l) thereof, and adding new clause (k) thereto, as follows: 
 (k) Indebtedness consisting of the Convertible Notes; and 
 (b) Section 6.7 of the Loan Agreement shall be amended by deleting the word “or” at the end of clause (c) thereof, amending clause (d) thereof so that it is now a reference to clause
(e) thereof, and adding new clause (d) thereto, as follows: 
 (d) make any election to make cash payments (in lieu of Stock
payments) of principal on the Convertible Notes; or 
 (c) Section 6.7(c) of the Loan Agreement is hereby amended by amending and
restating clause (i) thereof in its entirety as follows: 
 (i) any agreement, instrument, document, indenture, or other writing
evidencing or concerning Indebtedness permitted under Section 6.1(b), (d), (e), (f), (g) or (k), except to the extent expressly permitted by Section 6.1(d); and except to the extent
that the Indenture governing the terms of the Convertible Notes may be amended to cure any ambiguity, omission, defect or inconsistency in the Indenture or the Convertible Notes, 
 (d) Section 6.10 of the Loan Agreement is hereby amended and restated in its entirety as follows: 
 (a) Make any distribution or declare or pay any dividends (in cash or other property, other than common Stock) on, or purchase, acquire, redeem, or retire
any of Holdings’ or Borrower’s Stock, of any class, whether now or hereafter outstanding, other than (i) Subsidiaries of Holdings may make distributions to Holdings, in an aggregate amount not to exceed $1,000,000 in any calendar
year, the proceeds of which will be used in full by Holdings, within 5 Business Days of receipt thereof from such Subsidiaries, to repurchase Stock previously issued by Holdings to employees of Holdings or any of its Subsidiaries (or such
employees’ heirs or decedents) in connection with the termination of the employment of such employees; provided that (x) no Event of Default exists at the time of such distribution or repurchase or would occur as a result thereof, and
(y) immediately before and after giving effect to the making of such distribution and repurchase, Borrower shall be in compliance on a pro forma basis with the covenants set forth in Section 6.16 recomputed for the most recently
ended fiscal quarter for which information is available (provided that such condition required by this clause (y) shall not be applicable if immediately before and after giving effect to the making of such distribution and repurchase
(A) Average Availability for each month during the previous 3 month period is greater than $35,000,000 and (B) Excess Availability plus Qualified Cash is greater than $35,000,000 as of the last day of each of the previous 3 months),
(ii) Subsidiaries of Holdings may make distributions to 

  

 2 

 
Holdings, the proceeds of which will be used in full by Holdings, within 5 Business Days of receipt thereof from such Subsidiaries, to make payments in
respect of fractional shares of common Stock of Holdings in connection with any reverse stock split of Holdings’ common Stock in an aggregate amount not to exceed $250,000 in any calendar year, (iii) Subsidiaries of Holdings may make
distributions to Holdings, the proceeds of which will be used in full by Holdings, within 5 Business Days of receive thereof from such Subsidiaries, to make payments in respect of fractional shares of common Stock of Holdings in connection with the
conversion of Holdings’ Series A Convertible Preferred Stock or the exercise of warrants to purchase Shares of Holdings’ common Stock in an aggregate amount not to exceed $250,000 in any calendar year, (iv) Subsidiaries of Holdings
may make distributions to Holdings, the proceeds of which promptly will be used in full by Holdings to pay operating expenses of Holdings incurred in the ordinary course of business and consistent with the permitted business activities of Holdings
described in subsection 6.17(i) and, with respect to proceeds of distributions by Domestic Subsidiaries of Holdings to Holdings, solely to the extent that such expenses are incurred on behalf of such Domestic Subsidiaries and not on behalf of any
Foreign Subsidiary of Holdings, (v) Subsidiaries of Holdings may make distributions to Holdings, the proceeds of which will immediately be used by Holdings to make (A) regularly scheduled interest payments on the Convertible Notes and
(B) cash payments solely with respect to fractional shares converted pursuant to the terms of the Convertible Notes; provided that in each case (x) no Event of Default exists at the time of such distribution or would occur as a result
thereof, and (y) immediately before and after giving effect to the making of such distribution, Borrower shall be in compliance on a pro forma basis with the covenants set forth in Section 6.16 recomputed for the most recently ended
fiscal quarter for which information is available (provided that such condition required by this clause (y) shall not be applicable if immediately before and after giving effect to the making of such distribution and repurchase (A) Average
Availability for each month during the previous 3 month period is greater than $35,000,000 and (B) Excess Availability plus Qualified Cash is greater than $35,000,000 as of the last day of each of the previous 3 months), (vi) wholly-owned
Domestic Subsidiaries of Borrower may make distributions to Borrower and other wholly-owned Domestic Subsidiaries of Borrower, and (vii) wholly-owned Foreign Subsidiaries of Holdings may make distributions to Holdings and other wholly-owned
Subsidiaries of Holdings; in each case, with respect to clause (i), (ii), (iii), (iv), (v), (vi) and (vii) above provided further that such distributions, repurchases and payments are permitted pursuant to the terms of the Series A
Subordinated Notes and the Convertible Notes. 
 (b) Cause, permit, or suffer, directly or indirectly, any “change of control” (or
other similar event) as defined in, or under, any of (i) the Series A Subordinated Notes and the Series A Subordinated Note Purchase Agreement, (ii) the Convertible Notes, or any agreement, document or instrument entered 

  

 3 

 
in connection therewith, (iii) any other Indebtedness of Holdings, Borrower or any of their respective Subsidiaries involving an aggregate amount of
$2,500,000 or more or (iv) any of the terms pertaining to any of the Stock of Holdings, in each case to the extent that such “change of control” (or other similar event) would require, or would entitle the holder of such Indebtedness
or Stock to require, Holdings, Borrower or any of their respective Subsidiaries to (x) make any payments of any kind with respect to such Indebtedness or Stock or (y) make any distribution, declaration, payment, purchase, acquisition,
redemption or retirement prohibited by Section 6.10(a). 
 (e) Section 6.17 of the Loan Agreement is hereby amended by
amending and restating clause (i)(y) thereof as follows: 
 (y) performance of its obligations under the Loan Documents, Series A Subordinated
Debt Purchase Agreement, the Dupont Leases, the Convertible Notes and the SAVVIS Center Naming Rights Agreement and 
 (f) Section 7 of
the Loan Agreement is hereby amended by deleting the word “or” at the end of Section 7.11 thereof, amending Section 7.12 thereof so that it is now a reference to Section 7.13 thereof, and adding new Section 7.12
thereto, as follows: 
 7.12 If the common Stock of Holdings or any Stock into which the Convertible Notes are convertible is no longer listed
for trading on a U.S. national securities exchange, or 
 (g) The following definition is added to Schedule 1.1 to the Loan Agreement, in its
appropriate alphabetical order: 
 “Convertible Notes” means those certain Convertible Senior Notes due May 15, 2012 in
the principal amount of up to $345,000,000, governed by that certain Indenture between Holdings and Bank of New York, as trustee, and dated on or about May 2, 2007. 
 3. Conditions to Effectiveness. The effectiveness of this Amendment is subject to the following conditions precedent (unless specifically waived in writing by each of Agent), each to be in form and substance
satisfactory to Agent: 
 (a) Agent shall have received a fully executed copy of this Amendment, together with the Consent and Reaffirmation
attached hereto; 
 (b) Borrower shall have delivered to Agent such other documents, agreements and instruments as may be requested or
required by Agent in connection with this Amendment, each in form and content acceptable to Agent; 
 (c) All proceedings taken in connection
with the transactions contemplated by this Amendment and all documents, instruments and other legal matters incident thereto shall be reasonably satisfactory to Agent and its legal counsel; and 
  

 4 

 (d) No Default or Event of Default shall have occurred and be continuing. 
 4. Miscellaneous. 
 (a) Warranties
and Absence of Defaults. In order to induce Agent to enter into this Amendment, each of Borrower and Holdings hereby warrants to Agent, as of the date hereof, that the representations and warranties of Borrower and Holdings contained in the
Credit Agreement are true and correct as of the date hereof as if made on the date hereof (other than those which, by their terms, specifically are made as of certain dates prior to the date hereof). 
 (b) Expenses. Each of Borrower and Holdings, jointly and severally, agree to pay on demand all costs and expenses of Agent in connection with the
preparation, negotiation, execution, delivery and administration of this Amendment and all other instruments or documents provided for herein or delivered or to be delivered hereunder or in connection herewith. All obligations provided herein shall
survive any termination of the Credit Agreement as amended hereby. 
 (c) Governing Law. This Amendment shall be a contract made under
and governed by the internal laws of the State of New York. 
 (d) Counterparts. This Amendment may be executed in any number of
counterparts, and by the parties hereto on the same or separate counterparts, and each such counterpart, when executed and delivered, shall be deemed to be an original, but all such counterparts shall together constitute but one and the same
Amendment. 
 5. Release. 
 (a) In consideration of the agreements of Agent and Lenders contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, each of Borrower and Holdings, on behalf of itself and
its successors, assigns, and other legal representatives, hereby absolutely, unconditionally and irrevocably releases, remises and forever discharges Agent and Lenders, and their successors and assigns, and their present and former shareholders,
affiliates, subsidiaries, divisions, predecessors, directors, officers, attorneys, employees, agents and other representatives (Agent, each Lender and all such other Persons being hereinafter referred to collectively as the “Releasees” and
individually as a “Releasee”), of and from all demands, actions, causes of action, suits, covenants, contracts, controversies, agreements, promises, sums of money, accounts, bills, reckonings, damages and any and all other claims,
counterclaims, defenses, rights of set-off, demands and liabilities whatsoever (individually, a “Claim” and collectively, “Claims”) of every name and nature, either known or suspected, both at law and in equity, which Borrower or
Holdings or any of their successors, assigns, or other legal representatives may now or hereafter own, hold, have or claim to have against the Releasees or any of them for, upon, or by reason of any circumstance, action, cause or thing whatsoever
which arises at any time on or prior to the day and date of this Amendment, including, without limitation, for or on account of, or in relation to, or in any way in connection with any of the Credit Agreement, or any of the other Loan Documents or
transactions thereunder or related thereto. 
  

 5 

 (b) Each of Borrower and Holdings understands, acknowledges and agrees that the release set forth above
may be pleaded as a full and complete defense and may be used as a basis for an injunction against any action, suit or other proceeding which may be instituted, prosecuted or attempted in breach of the provisions of such release. 
 [Signature Page Follows] 
  

 6 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed under seal and
delivered by their respective duly authorized officers on the date first written above. 
  

			
	SAVVIS COMMUNICATIONS CORPORATION, a Missouri corporation, as Borrower
		
	By:	 	/s/ Jeffrey M. VonDeylen
		
	Title:  	 	Chief Financial Officer

  

			
	 SAVVIS, INC.,
 a Delaware corporation,
as Holdings

		
	By:	 	/s/ Jeffrey M. VonDeylen
		
	Title:  	 	Chief Financial Officer

  

			
	 WELLS FARGO FOOTHILL, INC.,
 a
California corporation, as Agent and as a Lender

		
	By:	 	/s/ Kristy Loucks
		
	Title:  	 	Vice President

  

			
	OHSF FINANCING, LTD., as a Lender
		
	By:	 	/s/ Scott D. Krase
		
	Title:  	 	Scott D. Krase, Authorized Person

  

			
	OHSF II FINANCING, LTD., as a Lender
		
	By:	 	/s/ Scott D. Krase
		
	Title:  	 	Scott D. Krase, Authorized Person

  

			
	OAK HILL CREDIT OPPORTUNITIES FINANCING, LTD., as a Lender
		
	By:	 	/s/ Scott D. Krase
		
	Title:  	 	Scott D. Krase, Authorized Person

  

			
	OAK HILL CREDIT ALPHA FINANCE I, LLC, as a Lender
		
	By:	 	Oak Hill Credit Alpha Fund, L.P. its Member
	By:	 	Oak Hill Credit Alpha Gen Par, L.P. its General Partner
	By:	 	Oak Hill Credit Alpha MGP, LLC, its General Partner

  

			
		
	By:	 	/s/ Scott D. Krase
		
	Title:  	 	Scott D. Krase, Authorized Person

  

			
	OAK HILL CREDIT ALPHA FINANCE I (OFFSHORE), LTD., as a Lender
		
	By:	 	/s/ Scott D. Krase
		
	Title:  	 	Scott D. Krase, Authorized Person

			
	FIRST BANK BUSINESS CAPITAL, INC. f/k/a FB COMMERCIAL FINANCE, INC., as a Lender
		
	By:	 	/s/ Gregory Heutal
		
	Title:  	 	Vice President

  

 CONSENT AND REAFFIRMATION 
 Each of the undersigned hereby (i) acknowledges receipt of a copy of the foregoing Consent and Amendment No. 5 to Credit Agreement (the
"Amendment"); (ii) consents to Borrower’s execution and delivery of the Amendment; (iii) agrees to be bound by the Amendment; and (iv) reaffirms that the Loan Documents to which it is a party (and its obligations thereunder)
shall continue to remain in full force and effect. Although each of the undersigned has been informed of the matters set forth herein and have acknowledged and agreed to same, each of the undersigned understands that Agent and Lenders have no
obligation to inform any of the undersigned of such matters in the future or to seek any of the undersigned’s acknowledgment or agreement to future amendments, waivers or consents, and nothing herein shall create such a duty. 
 IN WITNESS WHEREOF, each of the undersigned has executed this Consent and Reaffirmation on and as of the date of the Amendment. 
  

			
	SAVVIS, Inc., a Delaware corporation
		
	By:	 	/s/ Jeffrey H. VonDeylen
		
	Title:  	 	Chief Financial Officer

  

			
	SAVVIS Communications International, Inc., a Delaware corporation
		
	By:	 	/s/ Jeffrey H. VonDeylen
		
	Title:  	 	Chief Financial Officer

  

			
	SAVVIS Procurement Corporation, a Delaware corporation
		
	By:	 	/s/ Jeffrey H. VonDeylen
		
	Title:  	 	Chief Financial Officer

  
  
  

			
	SAVVIS Federal Systems, Inc., a Delaware corporation
		
	By:	 	/s/ Jeffrey H. VonDeylen
		
	Title:  	 	Chief Financial Officer

  

			
	SAVVIS Technology Services Corporation, a Delaware corporation
		
	By:	 	/s/ Jeffrey H. VonDeylen
		
	Title:  	 	Chief Financial Officer

 EXHIBIT A 
  

 EXHIBIT BForm of Agreement for Initial Stock Option Award to Non-Employee Directors

 Exhibit 10.1 
 Form of Agreement for Initial Stock Option Award to Non-Employee 
 Directors under the Company’s 2002 Stock Incentive Plan 
 

 
 Grant Number: 
  

							
	 Grant Date
	 	 Option
 Shares
	 	 Exercise
 Price
 $
	  	Expiration Date
		 		 		  	
		 		 		  	
		 		 		  	

 THIS CERTIFIES THAT UnitedHealth Group Incorporated (the “Company”) has on the Grant Date specified
above granted to 
 «Name» 
 (“Optionee”) the option (the “Option”) to purchase that number of shares of UnitedHealth Group Incorporated Common Stock, $.01 par value per share (the “Common Stock”), indicated above (the “Option
Shares”). The Option that this Certificate represents will expire on the Expiration Date, unless it is terminated prior to that time in accordance with this Certificate. 
 The Option Shares represented by this Certificate shall become exercisable as to [            ] of the Option Shares on each anniversary of the Grant
Date, commencing with the first anniversary, unless this Option shall have terminated or the vesting shall have accelerated as provided in this Certificate. Once this Option has become exercisable for all or a portion of the Option Shares, it will
remain exercisable for all or such portion of the Option Shares, as the case may be, until the Option expires or is terminated as provided in this Certificate. 
 By accepting this Option the holder acknowledges that the holder of this Option will not have any of the rights of a shareholder with respect to the Option Shares until the holder has duly exercised the Option and paid the Exercise Price in
accordance with this Certificate. The holder further acknowledges and agrees that the Company may deliver, by electronic mail, the use of the Internet or Company intranet web pages or otherwise, any information concerning the Company, this Option,
the UnitedHealth Group Incorporated 2002 Stock Incentive Plan (the “Plan”), pursuant to which the Company granted this Option, and any information required by the Securities Act of 1933, as amended, and the rules and regulations
promulgated thereunder. 
 This Option is subject to the further terms and conditions set forth below and to the terms of the Plan. A copy of the Plan is
available upon request. In the event of any conflict between the terms of the Plan and this Certificate, the terms of the Plan shall govern. Any terms not defined herein shall have the meaning set forth in the Plan. 
 * * * * * 
  

 Nonqualified Option. The Company does not intend that the Option shall be an Incentive Stock Option governed by
the provisions of Section 422 of the Internal Revenue Code of 1986, as amended. 
 Termination of Option. The Option shall terminate on the
Expiration Date. This Option shall in no event be exercisable after the Expiration Date. 
 Departure of Optionee from the Board. If the Optionee
departs from the Board of Directors of the Company for any reason, then (i) all unvested Option Shares hereunder shall immediately terminate, and (ii) all vested Option Shares shall be exercisable for the remainder of the term of the
Option. If the Optionee dies while in office as a director or following his or her departure from the Board of Directors, the Optionee’s personal representatives or administrators or any person or persons to whom the Option is transferred by
will or the applicable laws of descent and distribution may exercise the vested Option Shares in accordance with the terms of this paragraph. 
 Manner of
Exercise. On the terms set forth herein, the Option may be exercised in whole or in part from time to time by delivering notice of exercise to the Company, accompanied by payment of the Exercise Price (i) in cash, by wire transfer,
certified check or bank cashier’s check payable to the Company, (ii) by delivery of shares of Common Stock already owned by the Optionee or (iii) by delivery of a combination of cash and such shares; provided, that Optionee shall not
be entitled to tender shares of Common Stock pursuant to successive, substantially simultaneous exercises of options to purchase Common Stock. Any shares already owned by the Optionee referred to in the preceding sentence must have been owned by the
Optionee for no less than six months prior to the date of exercise of the Option if such shares were acquired upon the exercise of another option or upon the vesting of restricted stock or restricted stock units. Notwithstanding anything to the
contrary in this Certificate, the Company shall not be required to issue or deliver any shares of Common Stock upon exercise of any Option until the requirements of any federal or state securities laws, rules or regulations or other laws or rules
(including the rules of any securities exchange) as may be determined by the Company to be applicable have been and continue to be satisfied (including an effective registration of the shares under federal and state securities laws). 
 Requirement to Retain Option Shares. In consideration of this Option grant, the Optionee hereby agrees to retain, and not to transfer, any shares of Common Stock
acquired on exercise of the Option (net of any shares of Common Stock withheld by the Company in connection with the Optionee’s exercise of the Option) until such time as the Optionee ceases to be a member of the Board of Directors of the
Company. 
 No Other Rights. This Option does not confer on the Optionee any right to continue as a director of the Company, nor shall it interfere in
any way with the right of the Company to terminate such directorship at any time. 
 Transfer. During the Optionee’s lifetime, only the Optionee
or a transferee pursuant to the following sentence can exercise the Option. The Optionee may not transfer the Option except by will or the laws of descent and distribution or pursuant to a qualified domestic relations order as defined by the
Code or Title I of the Employee Retirement Income Security Act or the rules promulgated thereunder. Any attempt to otherwise transfer the Option shall be void. 

 Change in Control. In the event there is a Change in Control, as hereinafter defined, of the Company during the
term of the Option, the Option shall become fully exercisable on the effective date of the Change in Control. For purposes of this Option, a “Change in Control” of the Company shall mean the sale of all or substantially all of its assets
or any merger, reorganization, or exchange or tender offer which, in each case, will result in a change in the power to elect 50% or more of the members of the Board of Directors of the Company. 
 Adjustments to Option Shares. In the event that any dividend or other distribution (whether in the form of cash, shares of Common Stock, other securities or other
property), recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase or exchange of Shares or other securities of the Company or other similar corporate transaction or
event affecting the Shares would be reasonably likely to result in the diminution or enlargement of any of the benefits or potential benefits intended to be made available under the Option (including, without limitation, the benefits or potential
benefits of provisions relating to the term, vesting or exercisability of the Option), the Committee shall, in such manner as it shall deem equitable or appropriate in order to prevent such diminution or enlargement of any such benefits or potential
benefits, adjust any or all of (i) the number and type of shares (or other securities or other property) subject to the Option and (ii) the exercise price with respect to the Option; provided, however, that the number of shares covered by
the Option shall always be a whole number. Without limiting the foregoing, if any capital reorganization or reclassification of the capital stock of the Company, or consolidation or merger of the Company with another entity, or the sale of all or
substantially all of the Company’s assets to another entity, shall be effected in such a way that holders of the Company’s Common Stock shall be entitled to receive stock, securities, cash or other assets with respect to or in exchange for
such shares, the Optionee shall have the right to purchase and receive upon the basis and upon the terms and conditions specified in this Certificate and in lieu of the shares of Common Stock of the Company immediately theretofore purchasable and
receivable upon the exercise of the Option, with appropriate adjustments to prevent diminution or enlargement of benefits or potential benefits intended to be made available under the Option, such shares of stock, other securities, cash or other
assets as would have been issued or delivered to the Optionee if the Optionee had exercised the Option and had received such shares of Common Stock prior to such reorganization, reclassification, consolidation, merger or sale. The Company shall not
effect any such reorganization, consolidation, merger or sale unless prior to the consummation thereof the successor entity (if other than the Company) resulting from such reorganization, consolidation or merger or the entity purchasing such assets
shall assume by written instrument the obligation to deliver to the Optionee such shares of stock, securities, cash or other assets as, in accordance with the foregoing provisions, the Optionee may be entitled to purchase or receive. 
 Other. An original record of this Certificate and all the terms thereof is held on file by the Company. To the extent there is any conflict between the terms
contained in this Certificate and the terms contained in the original held by the Company, the terms of the original held by the Company shall control. 

 Governing Law. The validity, construction and effect of this Option and any rules and regulations relating to the
Option and this Certificate shall be determined in accordance with the laws of the State of Minnesota (without regard to its conflict of laws principles). 
 THIS CERTIFICATE REPRESENTS AN OPTION TO PURCHASE SHARES OF COMMON STOCK AND DOES NOT CONSTITUTE OR REPRESENT SHARES OF COMMON STOCK 
 NON-NEGOTIABLE 
  

			
	Agreed and Accepted:	 	
		
	  
	 	
	[                                      
                      ]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00123-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00123-of-00352.parquet"}]]