Document:

Second Amendment to Loan AGreement

 Exhibit 10.2 
 SECOND AMENDMENT 
 THIS SECOND AMENDMENT (this “Amendment”) is
entered into as of June 9, 2011 by and between KVH Industries, Inc., a Delaware corporation (“Borrower”), and Bank of America, N.A., a national association with offices at 111 Westminster Street, Providence, RI 02903
(“Lender”). Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Loan Agreement, as defined below. 
 R E C I T A L S 
 WHEREAS, Borrower and Lender are parties to an Loan
Agreement dated as of April 6, 2009 providing for a mortgage loan, as previously amended by a letter agreement dated as of June 5, 2009 (as amended, the “Loan Agreement”); 

WHEREAS, Borrower has requested the interest rate be modified and Lender has agreed to such modification on the terms and conditions set
forth herein; 
 NOW THEREFORE, in consideration of the foregoing premises and the mutual benefits to be derived by Borrower and
Lender from a continuing relationship under the Loan Agreement and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto agree: 

A. Amendment to Loan Agreement. Section 1.3(a) of the Loan Agreement is hereby amended in its entirety to read as
follows: 
 1.3(a). During the Term, the interest rate will be a rate per year equal to the BBA LIBOR Rate (Adjusted
Periodically) plus 2.00 percentage point(s). 
 B. Representations and Warranties. Borrower represents and warrants
to Lender that: (a) Borrower has the full power and authority to execute, deliver and perform its respective obligations under, the Loan Agreement, as amended by this Amendment, and (b) the representations and warranties contained or
referred to in Section 7 of the Loan Agreement are true and accurate in all material respects as of the date of this Amendment. 
 C. Other. 
 1. This Amendment shall take effect upon the receipt by Lender
of: 
  

	 	(i)	this Amendment duly executed by Borrower and Lender; 

  

	 	(ii)	payment of all reasonable costs and expenses (including, without limitation, the reasonable costs and expenses of Lender’s counsel) incurred by Lender in
connection with the preparation of this Amendment. 

 2. This Amendment is executed as an instrument under seal
and shall be governed by and construed in accordance with the laws of the State of Rhode Island without regard to its 

 
conflicts of law rules. All parts of the Loan Agreement not affected by this Amendment are hereby ratified and affirmed in all respects, provided that if any provision of the Loan
Agreement shall conflict or be inconsistent with this Amendment, the terms of this Amendment shall supersede and prevail. Upon the execution of this Amendment, all references to the Loan Agreement in that document, or in any related document, shall
mean the Loan Agreement as amended by this Amendment. Except as expressly provided in this Amendment, the execution and delivery of this Amendment does not and will not amend, modify or supplement any provision of, or constitute a consent to or a
waiver of any noncompliance with the provisions of the Loan Agreement, and, except as specifically provided in this Amendment, the Loan Agreement shall remain in full force and effect. This Amendment may be executed in one or more counterparts with
the same effect as if the signatures hereto and thereto were upon the same instrument. 
 [SIGNATURE PAGE FOLLOW]

  
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 IN WITNESS WHEREOF, each of the Borrower and Lender, in accordance with the Loan Agreement,
has caused this Amendment to be executed and delivered by their respective duly authorized officers as of the date set forth in the preamble on page one of this Amendment. 

 

			
		  	BORROWER:
		
	WITNESSED:	  	KVH INDUSTRIES, INC.
		
	 /s/ Eileen Pribula
	  	 By: /s/ Martin Kits van Heyningen

		  	Name: Martin Kits van Heyningen,
		  	Title: Chief Executive Officer
		  	
		
		  	LENDER:
		
		  	BANK OF AMERICA, N.A.
		
		  	 By: /s/ Donald C. McQueen

		  	Name: Donald C. McQueen
		  	Title: Senior Vice President

 [Signature Page to Second
Amendment]2011 Restricted Stock Unit Terms And Conditions for Employees

 Exhibit 10.2 
 Vera Bradley, Inc. 
 2010 Equity and Incentive Plan

 2011 RESTRICTED STOCK UNIT TERMS AND CONDITIONS 

1. Definitions. Any term capitalized herein but not defined will have the meaning set forth in the Vera Bradley, Inc. 2010 Equity
and Incentive Plan (the “Plan”). 
 2. Grant and Vesting of Restricted Stock Units. 

(a) As of the grant date specified in the letter that accompanies this document (the “Grant Date”), the Participant will be
credited with the number of Restricted Stock Units set forth in the letter that accompanies this document. Each Restricted Stock Unit is a notional amount that represents one unvested share of Common Stock. Each Restricted Stock Unit constitutes the
right, subject to the terms and conditions of the Plan and this document, to distribution of a Share if and when the Restricted Stock Unit vests. 
 (b) One-third of the Restricted Stock Units will vest on each of the first three anniversaries of the Grant Date. If the Participant’s Service with the Company and all of its Affiliates terminates
before the date that all of the Restricted Stock Units vest, his or her right to receive the Shares underlying unvested Restricted Stock Units will be only as provided in Section 4. 

3. Rights as a Stockholder. 
 (a) Unless and until a Restricted Stock Unit has vested and the Share underlying it has been distributed to the Participant, the Participant will not be entitled to vote in respect of that Restricted
Stock Unit or that Share. 
 (b) If the Company declares a cash dividend on its shares, then, on the payment date of the
dividend, the Participant will be credited with dividend equivalents equal to the amount of cash dividend per share multiplied by the number of Restricted Stock Units credited to the Participant through the record date. The dollar amount credited to
a Participant under the preceding sentence will be credited to an account (“Account”) established for the Participant for bookkeeping purposes only on the books of the Company. The amounts credited to the Account will be credited as of the
last day of each month with interest, compounded monthly, until the amount credited to the Account is paid to the Participant. The rate of interest credited under the previous sentence will be the prime rate of interest as reported by the Midwest
edition of the Wall Street Journal for the second business day of each fiscal quarter on an annual basis. The balance in the Account will be subject to the same terms regarding vesting and forfeiture as the Participant’s Restricted Stock Units
awarded under this document, and will be paid in cash in a single sum at the time that the Shares associated with the Participant’s Restricted Stock Units are delivered (or forfeited at the time that the Participant’s Restricted Stock
Units are forfeited). 

 4. Termination of Service; Change in Control. A Participant’s right to receive
the Shares underlying his or her Restricted Stock Units after termination of his or her Service will be only as provided in this section. If a Participant’s Service is terminated due to the Participant’s death or Disability, the
Participant (or his or her estate) will be immediately entitled to receive the Shares underlying all of the Restricted Stock Units that have not yet vested under Section 2 above. If a Participant’s Service is terminated for any other
reason, the Participant will forfeit the right to receive Shares underlying under Restricted Stock Units that have not yet vested. Notwithstanding anything to the contrary herein, all previously unvested Restricted Stock Units then outstanding will
vest immediately upon the later of (i) the occurrence of a Change in Control and (ii) the Participant’s termination of Service by the Company or its Affiliates other than for Cause during the time period beginning three months prior
to the public announcement of a proposed Change in Control and ending twelve months after a Change in Control. 
 For purposes hereof, a
“Change in Control” shall mean the occurrence of any one or more of the following: (a) the acquisition of ownership, directly or indirectly, beneficially or of record, by any Person or group (within the meaning of the Exchange Act and
the rules of the Securities and Exchange Commission as in effect on the date of this Award), other than (i) Barbara Baekgaard, Patricia Miller, Jill Nichols, Michael Ray and Kim Colby and their respective heirs and descendants and any trust
established for the benefit of such Persons, (ii) the Company or a corporation owned directly or indirectly by the shareholders of the Company in substantially the same proportions as their ownership of stock of the Company, or (iii) any
employee benefit plan (or related trust) sponsored or maintained by the Company or any Affiliate, of securities of the Company representing more than twenty-five percent (25%) of the combined voting power of the Company’s then outstanding
securities; (b) the occupation of a majority of the seats (other than vacant seats) on the Board by Persons who where neither (i) nominated by the Board nor (ii) appointed by directors so nominated; or (c) the consummation of
(i) an agreement for the sale or disposition of all or substantially all of the Company’s assets, or (ii) a merger, consolidation or reorganization of the Company with or involving any other corporation, other than a merger,
consolidation or reorganization that results in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity)
at least fifty percent (50%) of the combined voting power of the voting securities of the Company (or such surviving entity) outstanding immediately after such merger, consolidation or reorganization. 

5. Timing and Form of Payment. Except as provided in this Section or in clause 2(b) or Section 4, once a Restricted Stock
Unit vests, the Participant will be entitled to receive a Share in its place. Delivery of the Share will be made as soon as administratively feasible after its associated Restricted Stock Unit vests. Shares will be credited to an account established
for the benefit of the Participant with the Company’s administrative agent. The Participant will have full legal and beneficial ownership with respect to the Shares at that time. 

6. Assignment and Transfers. The Participant may not assign, encumber or transfer any of his or her rights and interests under the
Award described in this document, except, in the event of his or her death, by will or the laws of descent and distribution. 

  
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 7. Withholding Tax. The Company and any Affiliate will have the right to retain
Shares or cash that are distributable to the Participant hereunder to the extent necessary to satisfy any withholding taxes, whether federal or state, triggered by the distribution of Shares or cash pursuant to the Award reflected in this document.

 8. Securities Law Requirements. 
 (a) The Restricted Stock Units are subject to the further requirement that, if at any time the Committee determines in its discretion that the listing or qualification of the Shares subject to the
Restricted Stock Units under any securities exchange requirements or under any applicable law, or the consent or approval of any governmental regulatory body, is necessary as a condition of, or in connection with, the issuance of Shares under it,
then Shares will not be issued under the Restricted Stock Units, unless the necessary listing, qualification, consent or approval has been effected or obtained free of any conditions not acceptable to the Committee. 

(b) No person who acquires Shares pursuant to the Award reflected in this document may, during any period of time that person is an
affiliate of the Company (within the meaning of the rules and regulations of the Securities and Exchange Commission under the Securities Act), sell the Shares, unless the offer and sale is made pursuant to (i) an effective registration
statement under the Securities Act, which is current and includes the Shares to be sold, or (ii) an appropriate exemption from the registration requirements of the Securities Act, such as that set forth in Rule 144 promulgated under the
Securities Act. With respect to individuals subject to Section 16 of the Exchange Act, transactions under this Award are intended to comply with all applicable conditions of Rule 16b-3, or its successors under the Exchange Act. To the extent
any provision of the Award or action by the Committee fails to so comply, the Committee may determine, to the extent permitted by law, that the provision or action will be null and void. 

9. No Limitation on Rights of the Company. Subject to Sections 4.3, 14.1 and 14.2 of the Plan, the grant of the Award described in
this document will not in any way affect the right or power of the Company to make adjustments, reclassification or changes in its capital or business structure, or to merge, consolidate, dissolve, liquidate, sell or transfer all or any part of its
business or assets. 
 10. Plan, Restricted Stock Units and Award Not a Contract of Employment. Neither the Plan, the
Restricted Stock Units nor any other right or interest that is part of the Award reflected in this document is a contract of employment, and no terms of employment or Service of the Participant will be affected in any way by the Plan, the Restricted
Stock Units, the Award, this document or related instruments, except as specifically provided therein. Neither the establishment of the Plan nor the Award will be construed as conferring any legal rights upon the Participant for a continuation of
employment or Service, nor will it interfere with the right of the Company or any Affiliate to discharge the Participant and to treat him or her without regard to the effect that treatment might have upon him or her as a Participant. 

11. Participant to Have No Rights as a Stockholder. Except as provided in Section 3 above, the Participant will have no
rights as a stockholder with respect to any Shares 

  
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subject to the Restricted Stock Units prior to the date on which he or she is recorded as the holder of those Shares on the records of the Company. 

12. Notice. Any notice or other communication required or permitted hereunder must be in writing and must be delivered personally,
or sent by certified, registered or express mail, postage prepaid. Any such notice will be deemed given when so delivered personally or, if mailed, three days after the date of deposit in the United States mail, in the case of the Company to 2208
Production Road, Fort Wayne, Indiana 46808, Attn: Corporate Secretary, and, in the case of the Participant, to the last known address of the Participant in the Company’s records. 

13. Governing Law. This document and the Award will be construed and enforced in accordance with, and governed by, the laws of the
State of Indiana, determined without regard to its conflict of law rules. 
 14. Code Section 409A. Notwithstanding
any other provision in this document, if a Participant is a “specified employee” (as such term is defined for purposes of Code Section 409A) at the time of his or her termination of Service, no amount that is subject to Code
Section 409A and that becomes payable by reason of such termination of Service shall be paid to the Participant before the earlier of (i) the expiration of the six-month period measured from the date of the Participant’s termination
of Service, and (ii) the date of the Participant’s death. 
 15. Plan Document Controls. The rights granted
under this Restricted Stock Unit document are in all respects subject to the provisions of the Plan to the same extent and with the same effect as if they were set forth fully therein. If the terms of this document or the Award conflict with the
terms of the Plan, the Plan will control.

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