Document:

Exhibit 10.1

CONCEPTUS,
INC.

AMENDED
AND RESTATED 2001 EQUITY INCENTIVE PLAN

FORM OF STOCK APPRECIATION RIGHT AGREEMENT

Grant Notice

Conceptus, Inc. (the “Company”) hereby grants you, [                                  ]
(the “Employee”), a Stock Appreciation Right (a “SAR”) under the Company’s
Amended and Restated 2001 Equity Incentive Plan, as amended from time to
time (the “Plan”), the terms of
which are hereby incorporated by reference. 
The effective date of this Stock Appreciation Right Agreement, which
includes Appendix A attached hereto and incorporated herein (the “Agreement”),
is                          ,
200   (the “Grant Date”). 
Subject to the remaining terms of this Agreement and of the Plan, the
principal features of this award are as follows:

Number of Shares subject to the SAR:   [             ]

Exercise Price per Share: [$          ]

Vesting Commencement Date: [             ,
200  ]

Vesting of the SAR:   The
SAR will vest according to the following schedule (the “Vesting Schedule”):

This SAR shall vest and
become exercisable with respect to one-eighth (1/8th) of the Shares subject thereto on the
six-month anniversary of the Vesting Commencement Date set forth above, and
shall become vested and exercisable with respect 1/48th of the Shares subject
thereto each month thereafter, subject to the Employee continuing to be a
Service Provider from the date hereof through such dates.

Unless otherwise defined
herein or in Appendix A, capitalized terms herein or in Appendix A shall have
the defined meanings ascribed to them in the Plan.

Your signature below
indicates your agreement and understanding that this SAR is subject to all of
the terms and conditions contained in this Agreement (including
Appendix A) and the Plan.  For
example, important additional information on the vesting, exercise and
forfeiture of the SAR is contained in Paragraphs 4 through 6 of
Appendix A.  PLEASE BE SURE TO READ
ALL OF APPENDIX A, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS
AGREEMENT.

	
  CONCEPTUS, INC.

  	
   

  	
  EMPLOYEE

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By: [                          ]

  	
   

  	
  [                          ]

  
	
  Its: [                                 ]

  	
   

  	
  Address:

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Date: February     ,
  2006

  	
   

  	
  Date: February     , 2006

  
						

 

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APPENDIX A

TERMS AND
CONDITIONS OF STOCK APPRECIATION RIGHT

1.             Grant.  The Company hereby grants to
the Employee under the Plan a SAR for that
number of Shares set forth on the first page of this Agreement subject
to all of the terms and conditions in this Agreement and the Plan.

2.             Plan Governs.  The
SAR is granted pursuant to, and the terms of this Agreement are subject to, all
terms and provisions of the Plan, including without limitation Section 17 of
the Plan.  In the event of a conflict
between one or more provisions of this Agreement and one or more provisions of
the Plan, the provisions of the Plan will govern.

3.             Company’s Obligation to Pay.  Each
SAR has a value equal to the difference between the Fair Market Value of a
Share and the Exercise Price per Share (set forth on the first page of this
Agreement) on the date the SAR is exercised. 
Unless and until the SAR will have vested in the manner set forth in
paragraph 4, the Employee will have no right to payment of the SAR.  Prior to actual payment of any vested SAR,
such SAR will represent an unsecured obligation of the Company, payable (if at
all) only from the general assets of the Company.

4.             Vesting Schedule. 
Subject to paragraph 5, the SAR awarded by this Agreement will vest in
the Employee according to the Vesting Schedule set forth on the first page of
this Agreement, subject to the Employee’s continuing to be a Service Provider
through such vesting period(s) or date(s).

5.             Exercise and Term.

(a)           The SAR
may be exercised by the Employee (or in the event of the Employee’s death by
the Employee’s estate) during its term only to the extent vested.  Any portion of the SAR in which the Employee
is vested shall be exercisable until the earlier of the following (the “Expiration
Date”):

(i) Twelve (12) months following the date the Employee
ceases to be a Service Provider by reason of death or as a result of total and
permanent disability as defined in Section 22(e)(3) of the Code;

(ii)  Ninety
(90) days following the date the Employee ceases to be a Service Provider for
any reason other than death or as a result of total and permanent disability as
defined in Section 22(e)(3) of the Code; or

(iii)  the tenth
anniversary of the Grant Date.

(b)           Any
exercisable portion of the SAR may be exercised in whole or in part at any time
prior to the time when the SAR becomes unexercisable under Section 5(a).

(c)           Any
vested SAR or portion of a SAR not exercised prior to its Expiration Date will
be forfeited and will terminate.

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(d)           A vested
SAR or portion of a SAR may be exercised by completing a Stock Appreciation
Right Exercise Notice in the form attached hereto as Exhibit A and
returning it to [               ]
prior to its Expiration Date.  The SAR
may not be exercised more than once with respect to any Share related thereto.

6.             Payment.

(a)           At
the election of the Company, the Company may settle the exercise of all or any
portion of the SAR either (i) in a cash lump sum or (ii) in whole Shares, in
each case, within ten (10) days following such exercise.

(b)           To
the extent determined appropriate by the Company, any federal, state and local
withholding taxes with respect to such exercise will be paid by reducing the
amount of cash or the number of Shares actually paid to the Employee.

7.             Rights as Stockholder. 
Neither the Employee nor any person claiming under or through the
Employee will have any of the rights or privileges of a stockholder of the
Company in respect of any Shares deliverable upon exercise of the SAR unless
and until certificates representing such Shares will have been issued, recorded
on the records of the Company or its transfer agents or registrars, and
delivered to the Employee.

8.             No Effect on Employment.  This
Agreement is not an employment contract, and nothing herein shall be deemed to
create in any way whatsoever any obligation on the Employee’s part to continue
in the service of the Company, or of the Company to continue the Employee’s
service with the Company.  The Employee’s
employment with the Company and its Subsidiaries is on an at-will basis
only.  The Company or the Subsidiary
employing the Employee (as the case may be) will have the right, which is
hereby expressly reserved, to terminate or change the terms of the employment
of the Employee at any time for any reason whatsoever, with or without good
cause.

9.             Address for Notices.  Any
notice to be given to the Company under the terms of this Agreement will be
addressed to the Company at 1021 Howard Avenue, San Carlos, California  94070, Attn: 
[               ],
or at such other address as the Company may hereafter designate in
writing.  Any notices provided for in
this Agreement or the Plan shall be given in writing and shall be deemed
effectively given upon receipt or, in the case of notices delivered by the
Company to the Employee, five (5) days after deposit in the United States mail,
postage prepaid, addressed to the Employee at the address specified on the
first page of this Agreement or at such other address as the Employee may
hereafter designate by written notice to the Company.

10.           Grant
is Not Transferable.  Except to the limited extent provided in
paragraph 5, this grant and the rights and privileges conferred hereby,
including without limitation the Shares issuable upon exercise of the SAR, will
not be transferred, assigned, pledged or hypothecated in any way (whether by
operation of law or otherwise) and will not be subject to sale under execution,
attachment or similar process until, with respect to whole Shares issuable
following the exercise of the SAR, such Shares are issued pursuant to Paragraph
6 above.  Upon any attempt to transfer,
assign, pledge, hypothecate or otherwise dispose of this grant, or any right or

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privilege conferred hereby, or upon any attempted sale under any
execution, attachment or similar process, this grant and the rights and
privileges conferred hereby immediately will become null and void.

11.           Binding
Agreement.  Subject to the limitation on the
transferability of this grant contained herein, this Agreement will be binding
upon and inure to the benefit of the heirs, legatees, legal representatives,
successors and assigns of the parties hereto.

12.           Additional
Conditions to Issuance of Stock.  If at any time the Company will determine, in
its discretion, that the listing, registration or qualification of the Shares
upon any securities exchange or under any state or federal law, or the consent
or approval of any governmental regulatory authority is necessary or desirable
as a condition to the issuance of Shares to the Employee (or Employee’s
estate), such issuance will not occur unless and until such listing,
registration, qualification, consent or approval will have been effected or
obtained free of any conditions not acceptable to the Company.  The Company will make all reasonable efforts
to meet the requirements of any such state or federal law or securities
exchange and to obtain any such consent or approval of any such governmental
authority.

13.           Administrator
Authority.  The Administrator will have the power to
interpret the Plan and this Agreement and to adopt such rules for the
administration, interpretation and application of the Plan as are consistent
therewith and to interpret or revoke any such rules (including, but not limited
to, the determination of whether or not the SAR or any portion thereof has vested).  All actions taken and all interpretations and
determinations made by the Administrator in good faith will be final and
binding upon Employee, the Company and all other interested persons.  No member of the Administrator will be
personally liable for any action, determination or interpretation made in good
faith with respect to the Plan or this Agreement.

14.           Captions. 
Captions provided herein are for convenience only and are not to serve
as a basis for interpretation or construction of this Agreement.

15.           Agreement
Severable.  In the event that any provision in this
Agreement will be held invalid or unenforceable, such provision will be
severable from, and such invalidity or unenforceability will not be construed
to have any effect on, the remaining provisions of this Agreement.

16.           Amendment.  The
Committee may amend, terminate or revoke this Agreement in any respect to the
extent determined necessary or desirable by the Committee in its discretion to
comply with the requirements of Section 409A of the Internal Revenue Code of
1986, as amended.  Employee expressly
understands and agrees that no additional consent of Employee shall be required
in connection with such amendment, termination or revocation.

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EXHIBIT A

CONCEPTUS,
INC.

AMENDED
AND RESTATED 2001 EQUITY INCENTIVE PLAN

STOCK
APPRECIATION RIGHT EXERCISE NOTICE

Conceptus, Inc.

331 East Evelyn Avenue

Mountain View, CA  94070

Attention:                      

Effective as of today,                                  ,
the undersigned Employee hereby elects
to exercise Employee’s vested Stock Appreciation Right with respect to                  
shares of Common Stock pursuant to the Conceptus, Inc. Amended and Restated
2001 Equity Incentive Plan and the Stock Appreciation Right Agreement dated                             .

Employee acknowledges that payment for the Stock
Appreciation Right will be made in accordance with the terms set forth in the
Stock Appreciation Right Agreement and the Plan, less any legally required
withholdings. 

	
  Submitted by:

  
	
   

  
	
  EMPLOYEE:

  
	
   

  
	
   

  	
   

  
	
   

  
	
   

  
	
   

  
	
  Address:

  
	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  

 

 5Exhibit 10.2

 

CONCEPTUS,
INC.

AMENDED AND RESTATED 2001 EQUITY INCENTIVE PLAN

FORM OF 

RESTRICTED
STOCK UNIT AWARD GRANT NOTICE AND

Section 1: 
Notice of Grant

Conceptus, Inc. (the “Company”),pursuant to our Amended and Restated 2001 Equity
Incentive Plan (the “Plan”),hereby grants to the holder listed below (“Holder”), the number of Restricted
Stock Units set forth below (the “Restricted
Stock Units”).  The Restricted
Stock Units are subject to all of the terms and conditions as set forth herein
and in the Restricted Stock Unit Award Agreement attached hereto as Exhibit
A (the “Restricted Stock Unit
Agreement”),  the Restricted Stock
Unit Award Deferral Election Agreement related to this grant of Restricted
Stock Units (the “Deferral Election Agreement”) and the Plan,
each of which are incorporated herein by reference.  Unless otherwise defined herein or in the
Restricted Stock Unit Agreement, the terms defined in the Plan shall have the
same defined meanings in this Grant Notice and the Restricted Stock Unit
Agreement.

Each Restricted Stock Unit represents the right to
receive one share of the Company’s common stock (“Common Stock”) upon
vesting of such Restricted Stock Unit. 
Receipt of the shares of Common Stock issuable upon vesting of
Restricted Stock Units may be deferred at your election pursuant to the
Deferral Election Agreement. 

	
  Holder:

  	
   

  
	
   

  	
   

  
	
  Grant Date:

  	
   

  
	
   

  	
   

  
	
  Total Number of Restricted Stock
  Units:

  	
   

  
	
   

  	
   

  
	
  Vesting Schedule:

  	
  25% of the Restricted
  Stock Units will vest yearly on the anniversary of the grant date until fully
  vested on the four year anniversary. 
  Except as may otherwise set forth in the Restricted Stock Unit
  Agreement, in no event will any Restricted Stock Units vest following your Separation from Service (within the
  meaning of Section 409A(a)(2)(A)(i) of the Internal Revenue Code of 1986, as
  amended (the “Code”), as determined by the Administrator in accordance
  with the Treasury Regulations or other guidance issued thereunder).

   

  
			

Section
2:  Miscellaneous

By your signature and the Company’s signature below,
you agree to be bound by the terms and conditions of the Plan, the Restricted
Stock Unit Agreement, the Deferral Election Agreement and this Grant
Notice.  I have reviewed the Restricted
Stock Unit Agreement, the Deferral Election Agreement, the Plan and this Grant
Notice in their entirety, have had an opportunity to obtain the advice of
counsel prior to executing this Grant Notice and fully understand all
provisions of this Grant Notice, the Restricted Stock Unit Agreement, the
Deferral Election Agreement and the Plan. 
I hereby agree to accept as final, binding, and conclusive all decisions
or interpretations of the Administrator of the Plan upon any questions arising
under the Plan, this Grant Notice, the Deferral Election Agreement or the
Restricted Stock Unit Agreement.

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  CONCEPTUS, INC.

  	
  HOLDER:

  
	
   

  	
   

  
	
  By: 

  	
   

  	
   

  	
  By: 

  	
   

  
	
  Print Name: Gregory E.
  Lichtwardt

  	
  Print Name:

  	
   

  
	
  Title: Executive Vice President

  	
  Address:

  	
   

  
	
  Address:

  	
   

  	
   

  
							

 

You must
return this Restricted Stock Unit Award Grant Notice and Restricted Stock Unit

Award Agreement to the Chief Financial Officer
of Conceptus, Inc. 

on or before                                   

Accepted
by Plan Administrator:                                                             

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EXHIBIT A

TO RESTRICTED STOCK UNIT AWARD GRANT NOTICE

RESTRICTED STOCK UNIT AWARD AGREEMENT

Pursuant
to the Restricted Stock Unit Award Grant Notice (“Grant Notice”) to which this Restricted Stock Unit Award
Agreement (this “Agreement”) is attached,
Conceptus, Inc. (the “Company”) has
granted to Holder the number of Restricted Stock Units under its Amended and
Restated 2001 Equity Incentive Plan (the “Plan”)
indicated in the Grant Notice.

ARTICLE I

GENERAL

1.1           Defined
Terms.  Wherever the following terms
are used in this Agreement they shall have the meanings specified below, unless
the context clearly indicates otherwise. 
Capitalized terms not specifically defined herein shall have the
meanings specified in the Plan and the Grant Notice.

“Deferral Election Agreement” shall
mean the Restricted Stock Unit Award Deferral Election Agreement which relates
to this grant of Restricted Stock Units.

“Deferred Shares” shall mean “Deferred
Shares” as defined in the Deferral Election Agreement.

“Separation from Service” shall mean a
“separation from service” (within the meaning of Section 409A(a)(2)(A)(i) of
the Code, as determined by the Secretary of the Treasury) with the Company or
Subsidiary employing Holder as of the Grant Date.

1.2           Incorporation
of Terms of Plan.  The Restricted
Stock Units and the shares of the Company’s common stock (“Common Stock”),
issuable with respect thereto, are subject to the terms and conditions of the
Plan, which are incorporated herein by reference.

ARTICLE II

GRANT, VESTING AND DISTRIBUTION OF RESTRICTED
STOCK UNITS

2.1           Award of Restricted Stock Units.  In consideration of Holder’s past and/or
continued employment with or service to the Company or its Subsidiaries and for
other good and valuable consideration, effective as of the Grant Date set forth
in the Grant Notice (the “Grant Date”),
the Company irrevocably grants to Holder an award of the number of
Restricted Stock Units indicated in the Grant Notice, subject to all of the
terms and conditions in the Plan and this Agreement.  A Restricted Stock Unit shall represent the
right to receive one share of Common Stock for each Restricted Stock Unit that
vests in accordance with the provisions of Section 2.2, which shares may be
distributed upon vesting or on a deferred basis in accordance with the terms
and conditions of the Deferral Election Agreement, the Plan and this Agreement.

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2.2           Vesting of Restricted Stock Units.

(a)           Subject
to Section 2.2.(b), the Restricted Stock Units shall vest in accordance with
the Vesting Schedule set forth in the Grant Notice.

(b)           As a condition to the Restricted Stock Units
vesting in accordance with Section 2.2(a), Holder shall be employed by the
Company or any Subsidiary from the Grant Date through the relevant Vesting
Date.

(c)           Unless
and until the Restricted Stock Units have vested in accordance with this
Section 2.2, Holder will have no right to any distribution of Common Stock with
respect to such Restricted Stock Units.  To the extent any Restricted Stock Units do not
vest in accordance with the provisions of this Section 2.2, such Restricted
Stock Units will terminate automatically and be forfeited without further notice or consideration to Holder.

2.3           Distribution
of Common Stock.

(a)           Following
a Vesting Date, shares of Common Stock shall be distributed to Holder (or in
the event of Holder’s death, to his or her estate) with respect to such Holder’s
Restricted Stock Units that have so vested, on the earliest to occur of the
following events (each, a “Distribution
Event”):

(i)            The 30th day following the Vesting Date, or, with respect
to Deferred Shares, the Distribution Date(s) (if any) selected by the Holder in
the Deferral Election Agreement;

(ii)           The 30th day following the date of Holder’s Separation
from Service (or, in the event Holder
is a “specified employee” within the meaning of Section 409A(a)(2)(B)(i) of the
Code, the date which is six months following Holder’s Separation from Service);

(iii)          The 30th day following the date as of which Holder
becomes “disabled” within the meaning of Section 409A(2)(C) of the Code and the
Treasury Regulations thereunder; or

(iv)          The 30th day following the date of Holder’s death.

Notwithstanding the foregoing, in no event shall any shares of Common
Stock be distributed with respect to Holder’s Restricted Stock Units prior to
the date on which such Restricted Stock Units become vested pursuant to Section
2.2.

(b)           Subject
to Sections 2.3(a) and 2.4, following a Distribution Event, the shares of
Common Stock issuable with respect to Holder’s vested Restricted Stock Units
shall be distributed to the Holder in a lump sum.

(c)           All distributions shall be made by the
Company in the form of whole shares of Common Stock (and cash in an
amount equal to the value of any fractional Restricted Stock Unit, determined
based on the Fair Market Value as of the distribution date).

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(d)           Notwithstanding
the foregoing, shares of Common Stock shall be issuable pursuant to a
Restricted Stock Unit at such times and upon such events as are specified in
this Agreement only to the extent issuance under such terms will not cause the
Restricted Stock Units or the shares of Common Stock issuable pursuant to the
Restricted Stock Units to be includible in the gross income of Holder under
Section 409A of the Code prior to such times or the occurrence of such events,
as permitted by the Code and the regulations and other guidance thereunder.

2.4           Unforeseeable
Emergency.

(a)           If
Holder experiences an Unforeseeable Emergency (as defined below), Holder may
petition the Administrator for the right to receive a partial or full
distribution of the shares of Common Stock distributable with respect to his or
her vested Restricted Stock Units under this Agreement.  If, in the sole discretion of the
Administrator, Holder’s petition is approved, the Unforeseeable Emergency shall
be deemed a “Distribution Event” with respect to the number of shares of Common
Stock distributable with respect to Holder’s vested Restricted Stock Units as
are approved for distribution by the Administrator.  Holder shall then be entitled to receive such
shares of Common Stock pursuant to Section 2.3(b).

(b)           For
purposes of this Section 2.4, an “Unforeseeable Emergency” shall mean a
severe financial hardship to Holder resulting from an illness or accident of
Holder, Holder’s spouse, or a dependent (as defined in Section 152(a) of the
Code) of Holder, loss of Holder’s property due to casualty, or other similar
extraordinary and unforeseeable circumstances arising as a result of events
beyond the control of Holder, as determined by the Administrator in accordance
with Section 409A(a)(2)(B)(ii)(I) of the Code and the Treasury Regulations
thereunder.  The Fair Market Value of the
shares of Common Stock distributed to Holder with respect to the Unforeseeable
Emergency shall not exceed the amounts necessary to satisfy such Unforeseeable
Emergency, plus amounts necessary to pay taxes reasonably anticipated as a
result of the distribution, after taking into account the extent to which such
Unforeseeable Emergency is or may be relieved through reimbursement or
compensation by insurance or otherwise or by liquidation of Holder’s assets (to
the extent liquidation of such assets would not itself cause severe financial
hardship), as determined by the Administrator in accordance with Section
409A(a)(2)(B)(ii) of the Code and the Treasury Regulations thereunder.

2.5           Changes
to Form or Time of Distribution. 
Except as provided in Section 2.4, the time and form of distribution of
shares of Common Stock with respect to the Restricted Stock Units under this
Agreement shall be as set forth in the Deferral Election Agreement and may only
be changed in compliance with the requirements of Section 409A(a)(4)(C) of the
Code and the Treasury Regulations thereunder, and only with the prior written
consent of the Company’s Chief Financial Officer.

2.6           Restrictions
on Transfer.  Unless otherwise
permitted by the Administrator in accordance with the terms of the Plan, no
Restricted Stock Units or shares of Common Stock issuable with respect thereto
or any interest or right therein or part thereof shall be liable for the debts,
contracts or engagements of Holder or his or her successors in interest or
shall be subject to disposition by transfer, alienation, anticipation, pledge,
encumbrance, assignment or any other means whether such disposition be voluntary
or involuntary or by operation of law by judgment,

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levy, attachment, garnishment or any other
legal or equitable proceedings (including bankruptcy), and any attempted
disposition thereof shall be null and void and of no effect.

2.7           Conditions
to Issuance of Stock Certificates. 
The shares of Common Stock deliverable with respect to the Restricted
Stock Units, or any portion thereof, may be either previously authorized but
unissued shares or issued shares which have then been reacquired by the
Company.  Such shares shall be fully paid
and nonassessable.  The Company shall not
be required to issue or deliver any shares of Common Stock with respect to the
Restricted Stock Units prior to fulfillment of all of the following conditions:

(a)           The
admission of such shares to listing on all stock exchanges on which such Common
Stock is then listed;

(b)           The
completion of any registration or other qualification of such shares under any
state or federal law or under rulings or regulations of the Securities and
Exchange Commission or of any other governmental regulatory body, which the
Administrator shall, in its absolute discretion, deem necessary or advisable;

(c)           The
obtaining of any approval or other clearance from any state or federal
governmental agency which the Administrator shall, in its absolute discretion,
determine to be necessary or advisable;

(d)           The
lapse of such reasonable period of time following the applicable Distribution
Event as the Administrator may from time to time establish for reasons of
administrative convenience; and

(e)           The
receipt by the Company of full payment of all amounts required to be withheld
under federal, state, local and foreign tax laws, with respect to the issuance
of such shares or any other taxable event in accordance with Section 10(c) of
the Plan.

2.8           Rights as
Stockholder.  Except as otherwise
provided herein, Holder shall not be, nor have any of the rights or privileges
of, a stockholder of the Company in respect of any shares of Common Stock
issuable pursuant
to the Restricted Stock Units (whether vested or unvested) unless and until
such shares of Common Stock shall have been issued by the Company to Holder.

ARTICLE III

OTHER PROVISIONS

3.1           Taxes.  Notwithstanding anything to the contrary in
this Agreement, the Company shall be entitled to require payment to the Company
or any of its Subsidiaries any sums required by federal, state or local tax law
to be withheld with respect to the issuance of the Restricted Stock Units, the
distribution of shares of Common Stock with respect thereto, or any other
taxable event related to the Restricted Stock Units.  The Administrator may permit Holder to make
such payment in one or more of the forms specified below:

(i)            by
cash or check made payable to the Company;

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(ii)           by
the deduction of such amount from other compensation payable to Holder;

(iii)          in
the sole discretion of the Administrator, by requesting that the Company
withhold a net number of vested shares of Common Stock otherwise issuable
having a then current Fair Market Value not exceeding the amount necessary to
satisfy the withholding obligation of the Company and its Subsidiaries based on
the minimum applicable statutory withholding rates for federal, state, local
and foreign income tax and payroll tax purposes; or

(iv)          in
any combination of the foregoing.

In the event Holder fails to provide timely payment of all sums
required by the Company pursuant to this Section 3.2, the Company shall have
the right and option, but not obligation, to treat such failure as an election
by Holder to satisfy all or any portion of his or her required payment
obligation by means of requesting the Company to withhold vested shares of
Common Stock otherwise issuable in accordance with clause (iii) above.  The Company shall not be obligated to deliver
any new certificate representing shares of Common Stock issuable with respect
to the Restricted Stock Units to Holder or Holder’s legal representative unless
and until Holder or Holder’s legal representative shall have paid or otherwise
satisfied in full the amount of all federal, state, local and foreign taxes
applicable to the taxable income of Holder resulting from the grant of the
Restricted Stock Units, the distribution of the shares of Common Stock issuable
with respect thereto, or any other taxable event related to the Restricted
Stock Units.

3.2           Limitations
Applicable to Section 16 Persons. 
Notwithstanding any other provision of the Plan or this Agreement, if
Holder is subject to Section 16 of the Exchange Act, the Plan, the Restricted
Stock Units and the shares of Common stock issuable with respect thereto and
this Agreement shall be subject to any additional limitations set forth in any
applicable exemptive rule under Section 16 of the Exchange Act (including any
amendment to Rule 16b-3 of the Exchange Act) that are requirements for the
application of such exemptive rule.  To
the extent permitted by applicable law, this Agreement shall be deemed amended
to the extent necessary to conform to such applicable exemptive rule.

3.3           Administration.  The Administrator shall have the power to
interpret the Plan and this Agreement and to adopt such rules for the
administration, interpretation and application of the Plan as are consistent
therewith and to interpret, amend or revoke any such rules.  All actions taken and all interpretations and
determinations made by the Administrator in good faith shall be final, binding,
and conclusive upon Holder, the Company and all other interested persons.  No member of the Administrator shall be
personally liable for any action, determination or interpretation made in good
faith with respect to the Plan, this Agreement or the Restricted Stock Units.

3.4           Notices.  Any notice to be given under the terms of
this Agreement to the Company shall be addressed to the Company in care of the
Secretary of the Company, and any notice to be given to Holder shall be
addressed to Holder at the address given beneath Holder’s signature on the
Grant Notice.  By a notice given pursuant
to this Section 3.5, either party may hereafter designate a different address
for notices to be given to that party. 
Any notice shall be

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deemed duly given when sent via email or when
sent by certified mail (return receipt requested) and deposited (with postage
prepaid) in a post office or branch post office regularly maintained by the
United States Postal Service.

3.5           Titles.  Titles are provided herein for convenience
only and are not to serve as a basis for interpretation or construction of this
Agreement.

3.6           Governing
Law; Severability.  This Agreement
and all disputes arising out of or relating to it shall be administered,
interpreted and enforced in accordance with the laws of the State of Delaware,
without regard to the law that might be applied under principles of conflicts
of laws.  Should any provision of this
Agreement be determined by a court of law to be illegal or unenforceable, the
other provisions shall nevertheless remain effective and shall remain
enforceable.

3.7           Conformity
to Securities Laws.  Holder
acknowledges that the Plan is intended to conform to the extent necessary with
all provisions of the Securities Act and the Exchange Act and any and all
regulations and rules promulgated by the Securities and Exchange Commission
thereunder, and state securities laws and regulations.  Notwithstanding anything herein to the
contrary, the Plan shall be administered, and the Restricted Stock Units are
granted, only in such a manner as to conform to such laws, rules and
regulations.  To the extent permitted by
applicable law, the Plan and this Agreement shall be deemed amended to the
extent necessary to conform to such laws, rules and regulations.

3.8           Amendments.  This Agreement may be amended without the
consent of the Holder provided that such amendment would not impair any rights
of the Holder under this Agreement.  No
amendment of this Agreement shall, without the consent of the Holder, impair
any rights of the Holder under this Agreement.

3.9           Not
a Contract of Employment.  Nothing in
this Agreement shall confer upon the Holder any right to continue in the employ
of the Company or any Subsidiary, or shall interfere with or restrict in any
way any otherwise existing rights of the Company and any Subsidiary, which are
hereby expressly reserved, to discharge the Holder at any time for any reason
whatsoever, with or without cause, except to the extent expressly provided
otherwise in a written agreement between the Company and Holder.

3.10         Successors
and Assigns.  The Company may assign
any of its rights under this Agreement to single or multiple assignees, and this
Agreement shall inure to the benefit of the successors and assigns of the
Company.  Subject to the restrictions on
transfer herein set forth, this Agreement shall be binding upon Holder and his
or her heirs, executors, administrators, successors and assigns.

3.11         Unfunded,
Unsecured Obligations.  The
obligations of the Company under the Plan and this Agreement shall be unfunded
and unsecured, and nothing contained herein shall be construed as providing for
assets to be held in trust or escrow or any other form of segregation of the
assets of the Company for the benefit of Holder or any other person.  Holder shall have only the rights of a
general, unsecured creditor of the Company with respect to the Restricted Stock

 8
 

Units, unless and until shares of Common
Stock shall be distributed to Holder under the terms and conditions of this
Agreement.

3.12         Compliance
in Form and Operation.  This
Agreement and the Restricted Stock Units are intended to comply with Section
409A of the Code and the Treasury Regulations thereunder and shall be
interpreted in a manner consistent with that intention.

 9

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