Document:

Exhibit 10.1

 

MAMAMANCINI’S HOLDINGS, INC.

 

2013 INCENTIVE STOCK AND AWARD PLAN

 

1.     Purpose
of the Plan.

 

(a)    
This 2013 Incentive Stock and Award Plan (the “Plan”) is intended as an
incentive to retain in the employ of and as directors, officers, consultants, attorneys, advisors and employees to MamaMancini’s
Holdings, Inc., a Nevada corporation (the “Company”), and any Subsidiary of the Company, within the meaning
of Section 424(f) of the United States Internal Revenue Code of 1986, as amended (the “Code”), persons of training,
experience and ability, to attract new directors, officers, consultants, attorneys, advisors and employees whose services are
considered valuable, to encourage the sense of proprietorship and to stimulate the active interest of such persons in the development
and financial success of the Company and its Subsidiaries. 

 

(b)    
It is further intended that certain options granted pursuant to the Plan shall constitute
incentive stock options within the meaning of Section 422 of the Code (the “Incentive Options”) while certain
other options granted pursuant to the Plan shall be nonqualified stock options (the “Nonqualified Options”).
Incentive Options and Nonqualified Options are hereinafter referred to collectively as “Options”.

 

(c)    
The Company intends that the Plan meet the requirements of Rule 16b-3 (“Rule 16b-3”)
promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and that transactions
of the type specified in subparagraphs (c) to (f) inclusive of Rule 16b-3 by officers and directors of the Company pursuant to
the Plan will be exempt from the operation of Section 16(b) of the Exchange Act. Further, the Plan is intended to satisfy the
performance-based compensation exception to the limitation on the Company’s tax deductions imposed by Section 162(m) of
the Code with respect to those Options for which qualification for such exception is intended. In all cases, the terms, provisions,
conditions and limitations of the Plan shall be construed and interpreted consistent with the Company’s intent as stated
in this Section 1.

 

2.     Administration
of the Plan.

 

(a)    
The Board of Directors of the Company (the “Board”) shall appoint and
maintain as administrator of the Plan a Committee (the “Committee”) consisting of two or more directors who
are (i) “Independent Directors” (as such term is defined under the rules of the NASDAQ Stock Market), (ii) “Non-Employee
Directors” (as such term is defined in Rule 16b-3) and (iii) “Outside Directors” (as such term is defined in
Section 162(m) of the Code), which shall serve at the pleasure of the Board. The Committee, subject to Sections 3, 5 and 6 hereof,
shall have full power and authority to designate recipients of Options and restricted stock (“Restricted Stock”)
and to determine the terms and conditions of the respective Option and Restricted Stock agreements (which need not be identical)
and to interpret the provisions and supervise the administration of the Plan. The Committee shall have the authority, without
limitation, to designate which Options granted under the Plan shall be Incentive Options and which shall be Nonqualified Options.
To the extent any Option does not qualify as an Incentive Option, it shall constitute a separate Nonqualified Option.

 

    	 

     

    

 

(b)    
Subject to the provisions of the Plan, the Committee shall interpret the Plan and all Options
and Restricted Stock granted under the Plan, shall make such rules as it deems necessary for the proper administration of the
Plan, shall make all other determinations necessary or advisable for the administration of the Plan, and shall correct any defects
or supply any omission or reconcile any inconsistency in the Plan or in any Options or Restricted Stock granted under the Plan
in the manner and to the extent that the Committee deems desirable to carry into effect the Plan or any Options or Restricted
Stock. The act or determination of a majority of the Committee shall be the act or determination of the Committee and any decision
reduced to writing and signed by all of the members of the Committee shall be fully effective as if it had been made by a majority
of the Committee at a meeting duly held for such purpose. Subject to the provisions of the Plan, any action taken or determination
made by the Committee pursuant to this and the other Sections of the Plan shall be conclusive on all parties.

 

(c)    
In the event that for any reason the Committee is unable to act or if the Committee at the
time of any grant, award or other acquisition under the Plan does not consist of two or more Non-Employee Directors, or if there
shall be no such Committee, or if the Board otherwise determines to administer the Plan, then the Plan shall be administered by
the Board, and references herein to the Committee (except in the proviso to this sentence) shall be deemed to be references to
the Board, and any such grant, award or other acquisition may be approved or ratified in any other manner contemplated by subparagraph
(d) of Rule 16b-3; provided, however, that grants to the Company’s Chief Executive Officer or to any of the
Company’s other four most highly compensated officers that are intended to qualify as performance-based compensation under
Section 162(m) of the Code may only be granted by the Committee.

 

3.     Designation
of Optionees and Grantees.

 

(a)    
The persons eligible for participation in the Plan as recipients of Options (the “Optionees”)
or Restricted Stock (the “Grantees” and together with Optionees, the “Participants”) shall
include directors, officers and employees to, and consultants, attorneys and advisors to, the Company or any Subsidiary; provided
that Incentive Options may only be granted to employees of the Company and any Subsidiary. In selecting Participants, and
in determining the number of shares to be covered by each Option or award of Restricted Stock granted to Participants, the Committee
may consider any factors it deems relevant, including, without limitation, the office or position held by the Participant or the
Participant’s relationship to the Company, the Participant’s degree of responsibility for and contribution to the
growth and success of the Company or any Subsidiary, the Participant’s length of service, promotions and potential. A Participant
who has been granted an Option or Restricted Stock hereunder may be granted an additional Option or Options, or Restricted Stock
if the Committee shall so determine.

 

(b)    
In the absence of any date specified, the Committee’s grant of Options or award of
Restricted Stock, such grant shall be deemed to have been made effective on the first business day of each March, June, September
or December of any calendar year, or on such other pre-determined dates as may be set by the Committee (the “Pre-Determined
Grant Dates”). Notwithstanding the foregoing, the Committee may grant Options or award Restricted Stock to any employee,
officer, director, consultant, attorney or advisor to the Company as an inducement to such person, in consideration for such person
to enter into any agreement or to provide services to the Company, for prior services rendered to the Company, or for any other
reason determined by the Committee for award, in its sole discretion other than on a Pre-Determined Grant Date.

 

4.     
Stock Reserved for the Plan. Subject to adjustment as provided in Section 8 hereof,
a total of four hundred fifty thousand (450,000) shares of the Company’s common stock, par value $0.00001 per share (the
“Stock”), shall be subject to the Plan. The maximum number of shares of Stock that may be subject to Options shall
conform to any requirements applicable to performance-based compensation under Section 162(m) of the Code, if qualification as
performance-based compensation under Section 162(m) of the Code is intended. The shares of Stock subject to the Plan shall consist
of unissued shares, treasury shares or previously issued shares held by any Subsidiary of the Company, and such amount of shares
of Stock shall be and is hereby reserved for such purpose. Any of such shares of Stock that may remain unsold and that are not
subject to outstanding Options at the termination of the Plan shall cease to be reserved for the purposes of the Plan, but until
termination of the Plan the Company shall at all times reserve a sufficient number of shares of Stock to meet the requirements
of the Plan. Should any Option or Restricted Stock expire or be canceled prior to its exercise or vesting in full or should the
number of shares of Stock to be delivered upon the exercise or vesting in full of any Option or Restricted Stock be reduced for
any reason, the shares of Stock theretofore subject to such Option or Restricted Stock may be subject to future Options or Restricted
Stock under the Plan, except where such reissuance is inconsistent with the provisions of Section 162(m) of the Code where qualification
as performance-based compensation under Section 162(m) of the Code is intended.

 

    	2

     

    

 

5.      
Terms and Conditions of Options. Options granted under the Plan shall be subject to
the following conditions and shall contain such additional terms and conditions, not inconsistent with the terms of the Plan,
as the Committee shall deem desirable:

 

(a)     Option
Price. The purchase price of each share of Stock purchasable under an Incentive Option shall be determined by the Committee
at the time of grant, but shall not be less than 100% of the Fair Market Value (as defined below) of such share of Stock on the
date the Option is granted; provided, however, that with respect to an Optionee who, at the time such Incentive
Option is granted, owns (within the meaning of Section 424(d) of the Code) more than 10% of the total combined voting power of
all classes of stock of the Company or of any Subsidiary, the purchase price per share of Stock shall be at least 110% of the
Fair Market Value per share of Stock on the date of grant. The purchase price of each share of Stock purchasable under a Nonqualified
Option shall be at least 100% of the Fair Market Value of such share of Stock on the date the Option is granted, unless the
Committee, in its sole and absolute discretion, determines to set the purchase price of such Nonqualified Option below Fair Market
Value. The exercise price for each Option shall be subject to adjustment as provided in Section 8 below. “Fair Market
Value” means

 

		(i)	the
                                                                                                                                                                                                                                                        closing
                                                                                                                                                                                                                                                        price
                                                                                                                                                                                                                                                        on
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        final
                                                                                                                                                                                                                                                        trading
                                                                                                                                                                                                                                                        day
                                                                                                                                                                                                                                                        immediately
                                                                                                                                                                                                                                                        prior
                                                                                                                                                                                                                                                        to
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        grant
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        Stock
                                                                                                                                                                                                                                                        on
                                                                                                                                                                                                                                                        (x)
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        principal
                                                                                                                                                                                                                                                        securities
                                                                                                                                                                                                                                                        exchange
                                                                                                                                                                                                                                                        on
                                                                                                                                                                                                                                                        which
                                                                                                                                                                                                                                                        shares
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        Stock
                                                                                                                                                                                                                                                        are
                                                                                                                                                                                                                                                        listed
                                                                                                                                                                                                                                                        (if
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        shares
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        Stock
                                                                                                                                                                                                                                                        are
                                                                                                                                                                                                                                                        so
                                                                                                                                                                                                                                                        listed)
                                                                                                                                                                                                                                                        or
                                                                                                                                                                                                                                                        (y)
                                                                                                                                                                                                                                                        on
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        NASDAQ
                                                                                                                                                                                                                                                        Stock
                                                                                                                                                                                                                                                        Market,
                                                                                                                                                                                                                                                        OTC
                                                                                                                                                                                                                                                        Markets
                                                                                                                                                                                                                                                        or
                                                                                                                                                                                                                                                        OTC
                                                                                                                                                                                                                                                        Bulletin
                                                                                                                                                                                                                                                        Board
                                                                                                                                                                                                                                                        (if
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        shares
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        Stock
                                                                                                                                                                                                                                                        are
                                                                                                                                                                                                                                                        regularly
                                                                                                                                                                                                                                                        listed
                                                                                                                                                                                                                                                        or
                                                                                                                                                                                                                                                        quoted
                                                                                                                                                                                                                                                        on
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        NASDAQ
                                                                                                                                                                                                                                                        Stock
                                                                                                                                                                                                                                                        Market,
                                                                                                                                                                                                                                                        OTC
                                                                                                                                                                                                                                                        Markets
                                                                                                                                                                                                                                                        or
                                                                                                                                                                                                                                                        OTC
                                                                                                                                                                                                                                                        Bulletin
                                                                                                                                                                                                                                                        Board,
                                                                                                                                                                                                                                                        as
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        case
                                                                                                                                                                                                                                                        may
                                                                                                                                                                                                                                                        be);
                                                                                                                                                                                                                                                        or

 

		(ii)	if
                                                                                                                                                                                                                                                         not
                                                                                                                                                                                                                                                         so
                                                                                                                                                                                                                                                         listed
                                                                                                                                                                                                                                                         or
                                                                                                                                                                                                                                                         quoted,
                                                                                                                                                                                                                                                         as
                                                                                                                                                                                                                                                         applicable,
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         mean
                                                                                                                                                                                                                                                         between
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         closing
                                                                                                                                                                                                                                                         bid
                                                                                                                                                                                                                                                         and
                                                                                                                                                                                                                                                         asked
                                                                                                                                                                                                                                                         prices
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         publicly
                                                                                                                                                                                                                                                         traded
                                                                                                                                                                                                                                                         shares
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         Stock
                                                                                                                                                                                                                                                         on
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         over-the-counter
                                                                                                                                                                                                                                                         market
                                                                                                                                                                                                                                                         on
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         final
                                                                                                                                                                                                                                                         trading
                                                                                                                                                                                                                                                         day
                                                                                                                                                                                                                                                         immediately
                                                                                                                                                                                                                                                         prior
                                                                                                                                                                                                                                                         to
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         grant
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         Stock;
                                                                                                                                                                                                                                                         or

 

		(iii)	if
                                                                                                                                                                                                                                                          such
                                                                                                                                                                                                                                                          bid
                                                                                                                                                                                                                                                          and
                                                                                                                                                                                                                                                          asked
                                                                                                                                                                                                                                                          prices
                                                                                                                                                                                                                                                          shall
                                                                                                                                                                                                                                                          not
                                                                                                                                                                                                                                                          be
                                                                                                                                                                                                                                                          available,
                                                                                                                                                                                                                                                          as
                                                                                                                                                                                                                                                          reported
                                                                                                                                                                                                                                                          by
                                                                                                                                                                                                                                                          any
                                                                                                                                                                                                                                                          nationally
                                                                                                                                                                                                                                                          recognized
                                                                                                                                                                                                                                                          quotation
                                                                                                                                                                                                                                                          service
                                                                                                                                                                                                                                                          selected
                                                                                                                                                                                                                                                          by
                                                                                                                                                                                                                                                          the
                                                                                                                                                                                                                                                          Company
                                                                                                                                                                                                                                                          on
                                                                                                                                                                                                                                                          the
                                                                                                                                                                                                                                                          final
                                                                                                                                                                                                                                                          trading
                                                                                                                                                                                                                                                          day
                                                                                                                                                                                                                                                          immediately
                                                                                                                                                                                                                                                          prior
                                                                                                                                                                                                                                                          to
                                                                                                                                                                                                                                                          the
                                                                                                                                                                                                                                                          grant
                                                                                                                                                                                                                                                          of
                                                                                                                                                                                                                                                          the
                                                                                                                                                                                                                                                          Stock.
                                                                                                                                                                                                                                                          Anything
                                                                                                                                                                                                                                                          in
                                                                                                                                                                                                                                                          this
                                                                                                                                                                                                                                                          Section
                                                                                                                                                                                                                                                          5(a)
                                                                                                                                                                                                                                                          to
                                                                                                                                                                                                                                                          the
                                                                                                                                                                                                                                                          contrary
                                                                                                                                                                                                                                                          notwithstanding,
                                                                                                                                                                                                                                                          in
                                                                                                                                                                                                                                                          no
                                                                                                                                                                                                                                                          event
                                                                                                                                                                                                                                                          shall
                                                                                                                                                                                                                                                          the
                                                                                                                                                                                                                                                          purchase
                                                                                                                                                                                                                                                          price
                                                                                                                                                                                                                                                          of
                                                                                                                                                                                                                                                          a
                                                                                                                                                                                                                                                          share
                                                                                                                                                                                                                                                          of
                                                                                                                                                                                                                                                          Stock
                                                                                                                                                                                                                                                          be
                                                                                                                                                                                                                                                          less
                                                                                                                                                                                                                                                          than
                                                                                                                                                                                                                                                          the
                                                                                                                                                                                                                                                          minimum
                                                                                                                                                                                                                                                          price
                                                                                                                                                                                                                                                          permitted
                                                                                                                                                                                                                                                          under
                                                                                                                                                                                                                                                          the
                                                                                                                                                                                                                                                          rules
                                                                                                                                                                                                                                                          and
                                                                                                                                                                                                                                                          policies
                                                                                                                                                                                                                                                          of
                                                                                                                                                                                                                                                          any
                                                                                                                                                                                                                                                          national
                                                                                                                                                                                                                                                          securities
                                                                                                                                                                                                                                                          exchange
                                                                                                                                                                                                                                                          on
                                                                                                                                                                                                                                                          which
                                                                                                                                                                                                                                                          the
                                                                                                                                                                                                                                                          shares
                                                                                                                                                                                                                                                          of
                                                                                                                                                                                                                                                          Stock
                                                                                                                                                                                                                                                          are
                                                                                                                                                                                                                                                          listed,
                                                                                                                                                                                                                                                          as
                                                                                                                                                                                                                                                          applicable.

 

(b)     Option
Term. The term of each Option shall be fixed by the Committee, but no Option shall be exercisable more than five (5) years
after the date such Option is granted and, in the case of an Incentive Option granted to an Optionee who, at the time such Incentive
Option is granted, owns (within the meaning of Section 424(d) of the Code) more than 10% of the total combined voting power of
all classes of stock of the Company or of any Subsidiary, no such Incentive Option shall be exercisable more than five years after
the date such Incentive Option is granted.

 

    	3

     

    

 

(c)    
Exercisability.

 

		(i)	Subject
                                                                                                                                                                                                                                                       to
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       terms
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       Section
                                                                                                                                                                                                                                                       5
                                                                                                                                                                                                                                                       hereof,
                                                                                                                                                                                                                                                       Options
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       be
                                                                                                                                                                                                                                                       exercisable
                                                                                                                                                                                                                                                       at
                                                                                                                                                                                                                                                       such
                                                                                                                                                                                                                                                       time
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       times
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       subject
                                                                                                                                                                                                                                                       to
                                                                                                                                                                                                                                                       such
                                                                                                                                                                                                                                                       terms
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       conditions
                                                                                                                                                                                                                                                       as
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       be
                                                                                                                                                                                                                                                       determined
                                                                                                                                                                                                                                                       by
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Committee
                                                                                                                                                                                                                                                       at
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       time
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       grant;
                                                                                                                                                                                                                                                       provided,
                                                                                                                                                                                                                                                       however,
                                                                                                                                                                                                                                                       that
                                                                                                                                                                                                                                                       in
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       absence
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       any
                                                                                                                                                                                                                                                       Option
                                                                                                                                                                                                                                                       vesting
                                                                                                                                                                                                                                                       periods
                                                                                                                                                                                                                                                       designated
                                                                                                                                                                                                                                                       by
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Committee
                                                                                                                                                                                                                                                       at
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       time
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       grant,
                                                                                                                                                                                                                                                       Options
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       vest
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       become
                                                                                                                                                                                                                                                       exercisable
                                                                                                                                                                                                                                                       in
                                                                                                                                                                                                                                                       equal
                                                                                                                                                                                                                                                       amounts
                                                                                                                                                                                                                                                       on
                                                                                                                                                                                                                                                       each
                                                                                                                                                                                                                                                       fiscal
                                                                                                                                                                                                                                                       quarter
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Company
                                                                                                                                                                                                                                                       through
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       four
                                                                                                                                                                                                                                                       (4)
                                                                                                                                                                                                                                                       year
                                                                                                                                                                                                                                                       anniversary
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       date
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       grant;
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       provided
                                                                                                                                                                                                                                                       further
                                                                                                                                                                                                                                                       that
                                                                                                                                                                                                                                                       no
                                                                                                                                                                                                                                                       Options
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       be
                                                                                                                                                                                                                                                       exercisable
                                                                                                                                                                                                                                                       until
                                                                                                                                                                                                                                                       such
                                                                                                                                                                                                                                                       time
                                                                                                                                                                                                                                                       as
                                                                                                                                                                                                                                                       any
                                                                                                                                                                                                                                                       vesting
                                                                                                                                                                                                                                                       limitation
                                                                                                                                                                                                                                                       required
                                                                                                                                                                                                                                                       by
                                                                                                                                                                                                                                                       Section
                                                                                                                                                                                                                                                       16
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Exchange
                                                                                                                                                                                                                                                       Act,
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       related
                                                                                                                                                                                                                                                       rules,
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       be
                                                                                                                                                                                                                                                       satisfied
                                                                                                                                                                                                                                                       if
                                                                                                                                                                                                                                                       such
                                                                                                                                                                                                                                                       limitation
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       be
                                                                                                                                                                                                                                                       required
                                                                                                                                                                                                                                                       for
                                                                                                                                                                                                                                                       continued
                                                                                                                                                                                                                                                       validity
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       exemption
                                                                                                                                                                                                                                                       provided
                                                                                                                                                                                                                                                       under
                                                                                                                                                                                                                                                       Rule
                                                                                                                                                                                                                                                       16b-3(d)(3).

 

		(ii)	Upon
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        occurrence
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        a
                                                                                                                                                                                                                                                        Change
                                                                                                                                                                                                                                                        in
                                                                                                                                                                                                                                                        Control
                                                                                                                                                                                                                                                        (as
                                                                                                                                                                                                                                                        hereinafter
                                                                                                                                                                                                                                                        defined),
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        Committee
                                                                                                                                                                                                                                                        may
                                                                                                                                                                                                                                                        accelerate
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        vesting
                                                                                                                                                                                                                                                        and
                                                                                                                                                                                                                                                        exercisability
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        outstanding
                                                                                                                                                                                                                                                        Options,
                                                                                                                                                                                                                                                        in
                                                                                                                                                                                                                                                        whole
                                                                                                                                                                                                                                                        or
                                                                                                                                                                                                                                                        in
                                                                                                                                                                                                                                                        part,
                                                                                                                                                                                                                                                        as
                                                                                                                                                                                                                                                        determined
                                                                                                                                                                                                                                                        by
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        Committee
                                                                                                                                                                                                                                                        in
                                                                                                                                                                                                                                                        its
                                                                                                                                                                                                                                                        sole
                                                                                                                                                                                                                                                        discretion.
                                                                                                                                                                                                                                                        In
                                                                                                                                                                                                                                                        its
                                                                                                                                                                                                                                                        sole
                                                                                                                                                                                                                                                        discretion,
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        Committee
                                                                                                                                                                                                                                                        may
                                                                                                                                                                                                                                                        also
                                                                                                                                                                                                                                                        determine
                                                                                                                                                                                                                                                        that,
                                                                                                                                                                                                                                                        upon
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        occurrence
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        a
                                                                                                                                                                                                                                                        Change
                                                                                                                                                                                                                                                        in
                                                                                                                                                                                                                                                        Control,
                                                                                                                                                                                                                                                        each
                                                                                                                                                                                                                                                        outstanding
                                                                                                                                                                                                                                                        Option
                                                                                                                                                                                                                                                        shall
                                                                                                                                                                                                                                                        terminate
                                                                                                                                                                                                                                                        within
                                                                                                                                                                                                                                                        a
                                                                                                                                                                                                                                                        specified
                                                                                                                                                                                                                                                        number
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        days
                                                                                                                                                                                                                                                        after
                                                                                                                                                                                                                                                        notice
                                                                                                                                                                                                                                                        to
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        Optionee
                                                                                                                                                                                                                                                        thereunder,
                                                                                                                                                                                                                                                        and
                                                                                                                                                                                                                                                        each
                                                                                                                                                                                                                                                        such
                                                                                                                                                                                                                                                        Optionee
                                                                                                                                                                                                                                                        shall
                                                                                                                                                                                                                                                        receive,
                                                                                                                                                                                                                                                        with
                                                                                                                                                                                                                                                        respect
                                                                                                                                                                                                                                                        to
                                                                                                                                                                                                                                                        each
                                                                                                                                                                                                                                                        share
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        Company
                                                                                                                                                                                                                                                        Stock
                                                                                                                                                                                                                                                        subject
                                                                                                                                                                                                                                                        to
                                                                                                                                                                                                                                                        such
                                                                                                                                                                                                                                                        Option,
                                                                                                                                                                                                                                                        an
                                                                                                                                                                                                                                                        amount
                                                                                                                                                                                                                                                        equal
                                                                                                                                                                                                                                                        to
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        excess
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        Fair
                                                                                                                                                                                                                                                        Market
                                                                                                                                                                                                                                                        Value
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        such
                                                                                                                                                                                                                                                        shares
                                                                                                                                                                                                                                                        immediately
                                                                                                                                                                                                                                                        prior
                                                                                                                                                                                                                                                        to
                                                                                                                                                                                                                                                        such
                                                                                                                                                                                                                                                        Change
                                                                                                                                                                                                                                                        in
                                                                                                                                                                                                                                                        Control
                                                                                                                                                                                                                                                        over
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        exercise
                                                                                                                                                                                                                                                        price
                                                                                                                                                                                                                                                        per
                                                                                                                                                                                                                                                        share
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        such
                                                                                                                                                                                                                                                        Option;
                                                                                                                                                                                                                                                        such
                                                                                                                                                                                                                                                        amount
                                                                                                                                                                                                                                                        shall
                                                                                                                                                                                                                                                        be
                                                                                                                                                                                                                                                        payable
                                                                                                                                                                                                                                                        in
                                                                                                                                                                                                                                                        cash,
                                                                                                                                                                                                                                                        in
                                                                                                                                                                                                                                                        one
                                                                                                                                                                                                                                                        or
                                                                                                                                                                                                                                                        more
                                                                                                                                                                                                                                                        kinds
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        property
                                                                                                                                                                                                                                                        (including
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        property,
                                                                                                                                                                                                                                                        if
                                                                                                                                                                                                                                                        any,
                                                                                                                                                                                                                                                        payable
                                                                                                                                                                                                                                                        in
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        transaction)
                                                                                                                                                                                                                                                        or
                                                                                                                                                                                                                                                        a
                                                                                                                                                                                                                                                        combination
                                                                                                                                                                                                                                                        thereof,
                                                                                                                                                                                                                                                        as
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        Committee
                                                                                                                                                                                                                                                        shall
                                                                                                                                                                                                                                                        determine
                                                                                                                                                                                                                                                        in
                                                                                                                                                                                                                                                        its
                                                                                                                                                                                                                                                        sole
                                                                                                                                                                                                                                                        discretion.

 

		(iii)	For
                                                                                                                                                                                                                                                         purposes
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         Plan,
                                                                                                                                                                                                                                                         unless
                                                                                                                                                                                                                                                         otherwise
                                                                                                                                                                                                                                                         defined
                                                                                                                                                                                                                                                         in
                                                                                                                                                                                                                                                         an
                                                                                                                                                                                                                                                         employment
                                                                                                                                                                                                                                                         agreement
                                                                                                                                                                                                                                                         between
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         Company
                                                                                                                                                                                                                                                         and
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         relevant
                                                                                                                                                                                                                                                         Optionee,
                                                                                                                                                                                                                                                         a
                                                                                                                                                                                                                                                         “Change
                                                                                                                                                                                                                                                         in
                                                                                                                                                                                                                                                         Control”
                                                                                                                                                                                                                                                         shall
                                                                                                                                                                                                                                                         be
                                                                                                                                                                                                                                                         deemed
                                                                                                                                                                                                                                                         to
                                                                                                                                                                                                                                                         have
                                                                                                                                                                                                                                                         occurred
                                                                                                                                                                                                                                                         if:

 

		(A)	a
                                                                                                                                                                                                                                                        tender
                                                                                                                                                                                                                                                        offer
                                                                                                                                                                                                                                                        (or
                                                                                                                                                                                                                                                        series
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        related
                                                                                                                                                                                                                                                        offers)
                                                                                                                                                                                                                                                        shall
                                                                                                                                                                                                                                                        be
                                                                                                                                                                                                                                                        made
                                                                                                                                                                                                                                                        and
                                                                                                                                                                                                                                                        consummated
                                                                                                                                                                                                                                                        for
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        ownership
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        fifty
                                                                                                                                                                                                                                                        percent
                                                                                                                                                                                                                                                        (50%)
                                                                                                                                                                                                                                                        or
                                                                                                                                                                                                                                                        more
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        outstanding
                                                                                                                                                                                                                                                        voting
                                                                                                                                                                                                                                                        securities
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        Company,
                                                                                                                                                                                                                                                        unless
                                                                                                                                                                                                                                                        as
                                                                                                                                                                                                                                                        a
                                                                                                                                                                                                                                                        result
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        such
                                                                                                                                                                                                                                                        tender
                                                                                                                                                                                                                                                        offer
                                                                                                                                                                                                                                                        more
                                                                                                                                                                                                                                                        than
                                                                                                                                                                                                                                                        fifty
                                                                                                                                                                                                                                                        percent
                                                                                                                                                                                                                                                        (50%)
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        outstanding
                                                                                                                                                                                                                                                        voting
                                                                                                                                                                                                                                                        securities
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        surviving
                                                                                                                                                                                                                                                        or
                                                                                                                                                                                                                                                        resulting
                                                                                                                                                                                                                                                        corporation
                                                                                                                                                                                                                                                        shall
                                                                                                                                                                                                                                                        be
                                                                                                                                                                                                                                                        owned
                                                                                                                                                                                                                                                        in
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        aggregate
                                                                                                                                                                                                                                                        by
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        stockholders
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        Company
                                                                                                                                                                                                                                                        (as
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        time
                                                                                                                                                                                                                                                        immediately
                                                                                                                                                                                                                                                        prior
                                                                                                                                                                                                                                                        to
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        commencement
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        such
                                                                                                                                                                                                                                                        offer),
                                                                                                                                                                                                                                                        any
                                                                                                                                                                                                                                                        employee
                                                                                                                                                                                                                                                        benefit
                                                                                                                                                                                                                                                        plan
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        Company
                                                                                                                                                                                                                                                        or
                                                                                                                                                                                                                                                        its
                                                                                                                                                                                                                                                        Subsidiaries,
                                                                                                                                                                                                                                                        and
                                                                                                                                                                                                                                                        their
                                                                                                                                                                                                                                                        affiliates;

 

		(B)	the
                                                                                                                                                                                                                                                        Company
                                                                                                                                                                                                                                                        shall
                                                                                                                                                                                                                                                        be
                                                                                                                                                                                                                                                        merged
                                                                                                                                                                                                                                                        or
                                                                                                                                                                                                                                                        consolidated
                                                                                                                                                                                                                                                        with
                                                                                                                                                                                                                                                        another
                                                                                                                                                                                                                                                        corporation,
                                                                                                                                                                                                                                                        unless
                                                                                                                                                                                                                                                        as
                                                                                                                                                                                                                                                        a
                                                                                                                                                                                                                                                        result
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        such
                                                                                                                                                                                                                                                        merger
                                                                                                                                                                                                                                                        or
                                                                                                                                                                                                                                                        consolidation
                                                                                                                                                                                                                                                        more
                                                                                                                                                                                                                                                        than
                                                                                                                                                                                                                                                        fifty
                                                                                                                                                                                                                                                        percent
                                                                                                                                                                                                                                                        (50%)
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        outstanding
                                                                                                                                                                                                                                                        voting
                                                                                                                                                                                                                                                        securities
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        surviving
                                                                                                                                                                                                                                                        or
                                                                                                                                                                                                                                                        resulting
                                                                                                                                                                                                                                                        corporation
                                                                                                                                                                                                                                                        shall
                                                                                                                                                                                                                                                        be
                                                                                                                                                                                                                                                        owned
                                                                                                                                                                                                                                                        in
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        aggregate
                                                                                                                                                                                                                                                        by
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        stockholders
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        Company
                                                                                                                                                                                                                                                        (as
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        time
                                                                                                                                                                                                                                                        immediately
                                                                                                                                                                                                                                                        prior
                                                                                                                                                                                                                                                        to
                                                                                                                                                                                                                                                        such
                                                                                                                                                                                                                                                        transaction),
                                                                                                                                                                                                                                                        any
                                                                                                                                                                                                                                                        employee
                                                                                                                                                                                                                                                        benefit
                                                                                                                                                                                                                                                        plan
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        Company
                                                                                                                                                                                                                                                        or
                                                                                                                                                                                                                                                        its
                                                                                                                                                                                                                                                        Subsidiaries,
                                                                                                                                                                                                                                                        and
                                                                                                                                                                                                                                                        their
                                                                                                                                                                                                                                                        affiliates;

 

    	4

     

    

 

		(C)	the
                                                                                                                                                                                                                                                        Company
                                                                                                                                                                                                                                                        shall
                                                                                                                                                                                                                                                        sell
                                                                                                                                                                                                                                                        substantially
                                                                                                                                                                                                                                                        all
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        its
                                                                                                                                                                                                                                                        assets
                                                                                                                                                                                                                                                        to
                                                                                                                                                                                                                                                        another
                                                                                                                                                                                                                                                        corporation
                                                                                                                                                                                                                                                        that
                                                                                                                                                                                                                                                        is
                                                                                                                                                                                                                                                        not
                                                                                                                                                                                                                                                        wholly
                                                                                                                                                                                                                                                        owned
                                                                                                                                                                                                                                                        by
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        Company,
                                                                                                                                                                                                                                                        unless
                                                                                                                                                                                                                                                        as
                                                                                                                                                                                                                                                        a
                                                                                                                                                                                                                                                        result
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        such
                                                                                                                                                                                                                                                        sale
                                                                                                                                                                                                                                                        more
                                                                                                                                                                                                                                                        than
                                                                                                                                                                                                                                                        fifty
                                                                                                                                                                                                                                                        percent
                                                                                                                                                                                                                                                        (50%)
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        such
                                                                                                                                                                                                                                                        assets
                                                                                                                                                                                                                                                        shall
                                                                                                                                                                                                                                                        be
                                                                                                                                                                                                                                                        owned
                                                                                                                                                                                                                                                        in
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        aggregate
                                                                                                                                                                                                                                                        by
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        stockholders
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        Company
                                                                                                                                                                                                                                                        (as
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        time
                                                                                                                                                                                                                                                        immediately
                                                                                                                                                                                                                                                        prior
                                                                                                                                                                                                                                                        to
                                                                                                                                                                                                                                                        such
                                                                                                                                                                                                                                                        transaction),
                                                                                                                                                                                                                                                        any
                                                                                                                                                                                                                                                        employee
                                                                                                                                                                                                                                                        benefit
                                                                                                                                                                                                                                                        plan
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        Company
                                                                                                                                                                                                                                                        or
                                                                                                                                                                                                                                                        its
                                                                                                                                                                                                                                                        Subsidiaries
                                                                                                                                                                                                                                                        and
                                                                                                                                                                                                                                                        their
                                                                                                                                                                                                                                                        affiliates;
                                                                                                                                                                                                                                                        or

 

		(D)	a
                                                                                                                                                                                                                                                        Person
                                                                                                                                                                                                                                                        (as
                                                                                                                                                                                                                                                        defined
                                                                                                                                                                                                                                                        below)
                                                                                                                                                                                                                                                        shall
                                                                                                                                                                                                                                                        acquire
                                                                                                                                                                                                                                                        fifty
                                                                                                                                                                                                                                                        percent
                                                                                                                                                                                                                                                        (50%)
                                                                                                                                                                                                                                                        or
                                                                                                                                                                                                                                                        more
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        outstanding
                                                                                                                                                                                                                                                        voting
                                                                                                                                                                                                                                                        securities
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        Company
                                                                                                                                                                                                                                                        (whether
                                                                                                                                                                                                                                                        directly,
                                                                                                                                                                                                                                                        indirectly,
                                                                                                                                                                                                                                                        beneficially
                                                                                                                                                                                                                                                        or
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        record),
                                                                                                                                                                                                                                                        unless
                                                                                                                                                                                                                                                        as
                                                                                                                                                                                                                                                        a
                                                                                                                                                                                                                                                        result
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        such
                                                                                                                                                                                                                                                        acquisition
                                                                                                                                                                                                                                                        more
                                                                                                                                                                                                                                                        than
                                                                                                                                                                                                                                                        fifty
                                                                                                                                                                                                                                                        percent
                                                                                                                                                                                                                                                        (50%)
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        outstanding
                                                                                                                                                                                                                                                        voting
                                                                                                                                                                                                                                                        securities
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        surviving
                                                                                                                                                                                                                                                        or
                                                                                                                                                                                                                                                        resulting
                                                                                                                                                                                                                                                        corporation
                                                                                                                                                                                                                                                        shall
                                                                                                                                                                                                                                                        be
                                                                                                                                                                                                                                                        owned
                                                                                                                                                                                                                                                        in
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        aggregate
                                                                                                                                                                                                                                                        by
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        stockholders
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        Company
                                                                                                                                                                                                                                                        (as
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        time
                                                                                                                                                                                                                                                        immediately
                                                                                                                                                                                                                                                        prior
                                                                                                                                                                                                                                                        to
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        first
                                                                                                                                                                                                                                                        acquisition
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        such
                                                                                                                                                                                                                                                        securities
                                                                                                                                                                                                                                                        by
                                                                                                                                                                                                                                                        such
                                                                                                                                                                                                                                                        Person),
                                                                                                                                                                                                                                                        any
                                                                                                                                                                                                                                                        employee
                                                                                                                                                                                                                                                        benefit
                                                                                                                                                                                                                                                        plan
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        Company
                                                                                                                                                                                                                                                        or
                                                                                                                                                                                                                                                        its
                                                                                                                                                                                                                                                        Subsidiaries,
                                                                                                                                                                                                                                                        and
                                                                                                                                                                                                                                                        their
                                                                                                                                                                                                                                                        affiliates.

 

		(iv)	Notwithstanding
                                                                                                                                                                                                                                                        Section
                                                                                                                                                                                                                                                        5(c)(iii)
                                                                                                                                                                                                                                                        above,
                                                                                                                                                                                                                                                        if
                                                                                                                                                                                                                                                        Change
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        Control
                                                                                                                                                                                                                                                        is
                                                                                                                                                                                                                                                        defined
                                                                                                                                                                                                                                                        in
                                                                                                                                                                                                                                                        an
                                                                                                                                                                                                                                                        employment
                                                                                                                                                                                                                                                        agreement
                                                                                                                                                                                                                                                        between
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        Company
                                                                                                                                                                                                                                                        and
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        relevant
                                                                                                                                                                                                                                                        Optionee,
                                                                                                                                                                                                                                                        then,
                                                                                                                                                                                                                                                        with
                                                                                                                                                                                                                                                        respect
                                                                                                                                                                                                                                                        to
                                                                                                                                                                                                                                                        such
                                                                                                                                                                                                                                                        Optionee,
                                                                                                                                                                                                                                                        Change
                                                                                                                                                                                                                                                        of
                                                                                                                                                                                                                                                        Control
                                                                                                                                                                                                                                                        shall
                                                                                                                                                                                                                                                        have
                                                                                                                                                                                                                                                        the
                                                                                                                                                                                                                                                        meaning
                                                                                                                                                                                                                                                        ascribed
                                                                                                                                                                                                                                                        to
                                                                                                                                                                                                                                                        it
                                                                                                                                                                                                                                                        in
                                                                                                                                                                                                                                                        such
                                                                                                                                                                                                                                                        employment
                                                                                                                                                                                                                                                        agreement.

 

		(v)	For
                                                                                                                                                                                                                                                       purposes
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       this
                                                                                                                                                                                                                                                       Section
                                                                                                                                                                                                                                                       5(c),
                                                                                                                                                                                                                                                       ownership
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       voting
                                                                                                                                                                                                                                                       securities
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       take
                                                                                                                                                                                                                                                       into
                                                                                                                                                                                                                                                       account
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       include
                                                                                                                                                                                                                                                       ownership
                                                                                                                                                                                                                                                       as
                                                                                                                                                                                                                                                       determined
                                                                                                                                                                                                                                                       by
                                                                                                                                                                                                                                                       applying
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       provisions
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       Rule
                                                                                                                                                                                                                                                       13d-3(d)(I)(i)
                                                                                                                                                                                                                                                       (as
                                                                                                                                                                                                                                                       in
                                                                                                                                                                                                                                                       effect
                                                                                                                                                                                                                                                       on
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       date
                                                                                                                                                                                                                                                       hereof)
                                                                                                                                                                                                                                                       under
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Exchange
                                                                                                                                                                                                                                                       Act.
                                                                                                                                                                                                                                                       In
                                                                                                                                                                                                                                                       addition,
                                                                                                                                                                                                                                                       for
                                                                                                                                                                                                                                                       such
                                                                                                                                                                                                                                                       purposes,
                                                                                                                                                                                                                                                       “Person”
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       have
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       meaning
                                                                                                                                                                                                                                                       given
                                                                                                                                                                                                                                                       in
                                                                                                                                                                                                                                                       Section
                                                                                                                                                                                                                                                       3(a)(9)
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Exchange
                                                                                                                                                                                                                                                       Act,
                                                                                                                                                                                                                                                       as
                                                                                                                                                                                                                                                       modified
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       used
                                                                                                                                                                                                                                                       in
                                                                                                                                                                                                                                                       Sections
                                                                                                                                                                                                                                                       13(d)
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       14(d)
                                                                                                                                                                                                                                                       thereof;
                                                                                                                                                                                                                                                       provided,
                                                                                                                                                                                                                                                       however,
                                                                                                                                                                                                                                                       that
                                                                                                                                                                                                                                                       a
                                                                                                                                                                                                                                                       Person
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       not
                                                                                                                                                                                                                                                       include
                                                                                                                                                                                                                                                       (A)
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Company
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       any
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       its
                                                                                                                                                                                                                                                       Subsidiaries;
                                                                                                                                                                                                                                                       (B)
                                                                                                                                                                                                                                                       a
                                                                                                                                                                                                                                                       trustee
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       other
                                                                                                                                                                                                                                                       fiduciary
                                                                                                                                                                                                                                                       holding
                                                                                                                                                                                                                                                       securities
                                                                                                                                                                                                                                                       under
                                                                                                                                                                                                                                                       an
                                                                                                                                                                                                                                                       employee
                                                                                                                                                                                                                                                       benefit
                                                                                                                                                                                                                                                       plan
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Company
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       any
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       its
                                                                                                                                                                                                                                                       Subsidiaries;
                                                                                                                                                                                                                                                       (C)
                                                                                                                                                                                                                                                       an
                                                                                                                                                                                                                                                       underwriter
                                                                                                                                                                                                                                                       temporarily
                                                                                                                                                                                                                                                       holding
                                                                                                                                                                                                                                                       securities
                                                                                                                                                                                                                                                       pursuant
                                                                                                                                                                                                                                                       to
                                                                                                                                                                                                                                                       an
                                                                                                                                                                                                                                                       offering
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       such
                                                                                                                                                                                                                                                       securities;
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       (D)
                                                                                                                                                                                                                                                       a
                                                                                                                                                                                                                                                       corporation
                                                                                                                                                                                                                                                       owned,
                                                                                                                                                                                                                                                       directly
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       indirectly,
                                                                                                                                                                                                                                                       by
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       stockholders
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Company
                                                                                                                                                                                                                                                       in
                                                                                                                                                                                                                                                       substantially
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       same
                                                                                                                                                                                                                                                       proportion
                                                                                                                                                                                                                                                       as
                                                                                                                                                                                                                                                       their
                                                                                                                                                                                                                                                       ownership
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       stock
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Company.

 

(d)    
Method of Exercise. Options, to the extent then exercisable, may be exercised in whole
or in part at any time during the option period, by giving written notice to the Company specifying the number of shares of Stock
to be purchased, accompanied by payment in full of the purchase price, in cash, or by check or such other instrument as may be
acceptable to the Committee. As determined by the Committee, in its sole discretion, at or after grant, payment in full or in
part may be made at the election of the Optionee (i) in the form of Stock owned by the Optionee based on the Fair Market Value
of the Stock which is not the subject of any pledge or security interest, (ii) in the form of shares of Stock withheld by the
Company from the shares of Stock otherwise to be received with such withheld shares of Stock having a Fair Market Value equal
to the exercise price of the Option, or (iii) by a combination of the foregoing, such Fair Market Value determined by applying
the principles set forth in Section 5(a), provided that the combined value of all cash and cash equivalents and the Fair
Market Value of any shares surrendered to the Company is at least equal to such exercise price and except with respect to (ii)
above, such method of payment will not cause a disqualifying disposition of all or a portion of the Stock received upon exercise
of an Incentive Option. An Optionee shall have the right to dividends and other rights of a stockholder with respect to shares
of Stock purchased upon exercise of an Option at such time as the Optionee (i) has given written notice of exercise and has paid
in full for such shares, and (ii) has satisfied such conditions that may be imposed by the Company with respect to the withholding
of taxes.

 

    	5

     

    

 

(e)    
Non-transferability of Options. Options are not transferable and may be exercised
solely by the Optionee during his lifetime or after his death by the person or persons entitled thereto under his will or the
laws of descent and distribution. The Committee, in its sole discretion, may permit a transfer of a Nonqualified Option to (i)
a trust for the benefit of the Optionee, (ii) a member of the Optionee’s immediate family (or a trust for his or her benefit)
or (iii) pursuant to a domestic relations order. Any attempt to transfer, assign, pledge or otherwise dispose of, or to subject
to execution, attachment or similar process, any Option contrary to the provisions hereof shall be void and ineffective and shall
give no right to the purported transferee.

 

(f)     
Termination by Death. Unless otherwise determined by the Committee, if any Optionee’s
employment with or service to the Company or any Subsidiary terminates by reason of death, the Option may thereafter be exercised,
to the extent then exercisable (or on such accelerated basis as the Committee shall determine at or after grant), by the legal
representative of the estate or by the legatee of the Optionee under the will of the Optionee, for a period of one (1) year after
the date of such death (or, if later, such time as the Option may be exercised pursuant to Section 14(d) hereof) or until the
expiration of the stated term of such Option as provided under the Plan, whichever period is shorter.

 

(g)    
Termination by Reason of Disability. Unless otherwise determined by the Committee,
if any Optionee’s employment with or service to the Company or any Subsidiary terminates by reason of Disability (as defined
below), then any Option held by such Optionee may thereafter be exercised, to the extent it was exercisable at the time of termination
due to Disability (or on such accelerated basis as the Committee shall determine at or after grant), but may not be exercised
after ninety (90) days after the date of such termination of employment or service (or, if later, such time as the Option may
be exercised pursuant to Section 14(d) hereof) or the expiration of the stated term of such Option, whichever period is shorter;
provided, however, that, if the Optionee dies within such ninety (90) day period, any unexercised Option held by
such Optionee shall thereafter be exercisable to the extent to which it was exercisable at the time of death for a period of one
(1) year after the date of such death (or, if later, such time as the Option may be exercised pursuant to Section 14(d) hereof)
or for the stated term of such Option, whichever period is shorter. “Disability” shall mean an Optionee’s
total and permanent disability; due to his or her inability to engage in any substantial gainful activity by reason of any medically
determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous
period of not less than 12 months; provided, however, that if Disability is defined in an employment agreement between
the Company and the relevant Optionee, then, with respect to such Optionee, Disability shall have the meaning ascribed to it in
such employment agreement.

 

(h)   Termination
by Reason of Retirement.

 

(i)     Unless
otherwise determined by the Committee, if any Optionee’s employment with or service to the Company or any Subsidiary terminates
by reason of Normal Retirement or Early Retirement (as such terms are defined below), any Option held by such Optionee may thereafter
be exercised to the extent it was exercisable at the time of such Retirement (or on such accelerated basis as the Committee shall
determine at or after grant), but may not be exercised after ninety (90) days after the date of such termination of employment
or service (or, if later, such time as the Option may be exercised pursuant to Section 14(d) hereof) or the expiration of the
stated term of such Option, whichever date is earlier; provided, however, that, if the Optionee dies within such
ninety (90) day period, any unexercised Option held by such Optionee shall thereafter be exercisable, to the extent to which it
was exercisable at the time of death, for a period of one (1) year after the date of such death (or, if later, such time as the
Option may be exercised pursuant to Section 14(d) hereof) or for the stated term of such Option, whichever period is shorter

 

    	6

     

    

 

(ii)     For
purposes of this paragraph (h), “Normal Retirement” shall mean retirement from active employment with the Company
or any Subsidiary on or after the normal retirement date specified in the applicable Company or Subsidiary pension plan or if
no such pension plan, age 65, and “Early Retirement” shall mean retirement from active employment with the
Company or any Subsidiary pursuant to the early retirement provisions of the applicable Company or Subsidiary pension plan or
if no such pension plan, age 55.

 

(i)   Other
Terminations. Unless otherwise determined by the Committee upon grant, if any Optionee’s employment with or service
to the Company or any Subsidiary is terminated by such Optionee for any reason other than death, Disability, Normal Retirement
or Early Retirement or Good Reason (as defined below), the Option shall thereupon terminate, except that the portion of any Option
that was exercisable on the date of such termination of employment or service may be exercised for the lesser of ninety (90) days
after the date of termination (or, if later, such time as the Option may be exercised pursuant to Section 14(d) hereof) or the
balance of such Option’s term, which ever period is shorter. The transfer of an Optionee from the employ of or service to
the Company to the employ of or service to a Subsidiary, or vice versa, or from one Subsidiary to another, shall not be deemed
to constitute a termination of employment or service for purposes of the Plan.

 

(i)     In
the event that the Optionee’s employment or service with the Company or any Subsidiary is terminated by the Company or such
Subsidiary for Cause (as defined below) any unexercised portion of any Option shall immediately terminate in its entirety. For
purposes hereof, unless otherwise defined in an employment agreement between the Company and the relevant Optionee, “Cause”
shall exist upon a good-faith determination by the Board, following a hearing before the Board at which an Optionee was represented
by counsel and given an opportunity to be heard, that such Optionee has been accused of fraud, dishonesty or act detrimental to
the interests of the Company or any Subsidiary of the Company or that such Optionee has been accused of or convicted of an act
of willful and material embezzlement or fraud against the Company or any Subsidiary of the Company or of a felony under any state
or federal statute; provided, however, that it is specifically understood that Cause shall not include any act of
commission or omission in the good faith exercise of such Optionee’s business judgment as a director, officer or employee
of the Company, as the case may be, or upon the advice of counsel to the Company. Notwithstanding the foregoing, if Cause is defined
in an employment agreement between the Company and the relevant Optionee, then, with respect to such Optionee, Cause shall have
the meaning ascribed to it in such employment agreement.

 

(ii)     In
the event that an Optionee is removed as a director, officer or employee by the Company at any time other than for Cause or resigns
as a director, officer or employee for Good Reason, the Option granted to such Optionee may be exercised by the Optionee, to the
extent the Option was exercisable on the date such Optionee ceases to be a director, officer or employee. Such Option may be exercised
at any time within one (1) year after the date the Optionee ceases to be a director, officer or employee (or, if later, such time
as the Option may be exercised pursuant to Section 14(d) hereof), or the date on which the Option otherwise expires by its terms;
whichever period is shorter, at which time the Option shall terminate; provided, however, if the Optionee dies before
the Options terminate and are no longer exercisable, the terms and provisions of Section 5(f) shall control. For purposes of this
Section 5(i), and unless otherwise defined in an employment agreement between the Company and the relevant Optionee, “Good
Reason” shall exist upon the occurrence of the following:

 

		(A)	the
                                                                                                                                                                                                assignment
                                                                                                                                                                                                to
                                                                                                                                                                                                Optionee
                                                                                                                                                                                                of
                                                                                                                                                                                                any
                                                                                                                                                                                                duties
                                                                                                                                                                                                inconsistent
                                                                                                                                                                                                with
                                                                                                                                                                                                the
                                                                                                                                                                                                position
                                                                                                                                                                                                in
                                                                                                                                                                                                the
                                                                                                                                                                                                Company
                                                                                                                                                                                                that
                                                                                                                                                                                                Optionee
                                                                                                                                                                                                held
                                                                                                                                                                                                immediately
                                                                                                                                                                                                prior
                                                                                                                                                                                                to
                                                                                                                                                                                                the
                                                                                                                                                                                                assignment;

 

    	7

     

    

 

		(B)	a
                                                                                                                                                                                                Change
                                                                                                                                                                                                of
                                                                                                                                                                                                Control
                                                                                                                                                                                                resulting
                                                                                                                                                                                                in
                                                                                                                                                                                                a
                                                                                                                                                                                                significant
                                                                                                                                                                                                adverse
                                                                                                                                                                                                alteration
                                                                                                                                                                                                in
                                                                                                                                                                                                the
                                                                                                                                                                                                status
                                                                                                                                                                                                or
                                                                                                                                                                                                conditions
                                                                                                                                                                                                of
                                                                                                                                                                                                Optionee’s
                                                                                                                                                                                                participation
                                                                                                                                                                                                with
                                                                                                                                                                                                the
                                                                                                                                                                                                Company
                                                                                                                                                                                                or
                                                                                                                                                                                                other
                                                                                                                                                                                                nature
                                                                                                                                                                                                of
                                                                                                                                                                                                Optionee’s
                                                                                                                                                                                                responsibilities
                                                                                                                                                                                                from
                                                                                                                                                                                                those
                                                                                                                                                                                                in
                                                                                                                                                                                                effect
                                                                                                                                                                                                prior
                                                                                                                                                                                                to
                                                                                                                                                                                                such
                                                                                                                                                                                                Change
                                                                                                                                                                                                of
                                                                                                                                                                                                Control,
                                                                                                                                                                                                including
                                                                                                                                                                                                any
                                                                                                                                                                                                significant
                                                                                                                                                                                                alteration
                                                                                                                                                                                                in
                                                                                                                                                                                                Optionee’s
                                                                                                                                                                                                responsibilities
                                                                                                                                                                                                immediately
                                                                                                                                                                                                prior
                                                                                                                                                                                                to
                                                                                                                                                                                                such
                                                                                                                                                                                                Change
                                                                                                                                                                                                in
                                                                                                                                                                                                Control;
                                                                                                                                                                                                or

 

		(C)	the
                                                                                                                                                                                                failure
                                                                                                                                                                                                by
                                                                                                                                                                                                the
                                                                                                                                                                                                Company
                                                                                                                                                                                                to
                                                                                                                                                                                                continue
                                                                                                                                                                                                to
                                                                                                                                                                                                provide
                                                                                                                                                                                                Optionee
                                                                                                                                                                                                with
                                                                                                                                                                                                benefits
                                                                                                                                                                                                substantially
                                                                                                                                                                                                similar
                                                                                                                                                                                                to
                                                                                                                                                                                                those
                                                                                                                                                                                                enjoyed
                                                                                                                                                                                                by
                                                                                                                                                                                                Optionee
                                                                                                                                                                                                prior
                                                                                                                                                                                                to
                                                                                                                                                                                                such
                                                                                                                                                                                                failure.

 

(iii)     
Notwithstanding the foregoing, if Good Reason is defined in an employment agreement between
the Company and the relevant Optionee, then, with respect to such Optionee, Good Reason shall have the meaning ascribed to it
in such employment agreement.

 

(j)     
Limit on Value of Incentive Option. The aggregate Fair Market Value, determined as
of the date the Incentive Option is granted, of Stock for which Incentive Options are exercisable for the first time by any Optionee
during any calendar year under the Plan (and/or any other stock option plans of the Company or any Subsidiary) shall not exceed
$100,000.

 

6.      
Terms and Conditions of Restricted Stock. Restricted Stock may be granted under this
Plan aside from, or in association with, any other award and shall be subject to the following conditions and shall contain such
additional terms and conditions (including provisions relating to the acceleration of vesting of Restricted Stock upon a Change
of Control), not inconsistent with the terms of the Plan, as the Committee shall deem desirable:

 

(a)    
Grantee rights. A Grantee shall have no rights to an award of Restricted Stock unless
and until Grantee accepts the award within the period prescribed by the Committee and, if the Committee shall deem desirable,
makes payment to the Company in cash, or by check or such other instrument as may be acceptable to the Committee. After acceptance
and issuance of a certificate or certificates, as provided for below, the Grantee shall have the rights of a stockholder with
respect to Restricted Stock subject to the non-transferability and forfeiture restrictions described in Section 6(d) below;

 

(b)    
Issuance of Certificates. The Company shall issue in the Grantee’s name a certificate
or certificates for the shares of Common Stock associated with the award promptly after the Grantee accepts such award;

 

(c)    
Delivery of Certificates. Unless otherwise provided, any certificate or certificates
issued evidencing shares of Restricted Stock shall not be delivered to the Grantee until such shares are free of any restrictions
specified by the Committee at the time of grant;

 

(d)    
Forfeitability, Non-transferability of Restricted Stock. Shares of Restricted Stock
are forfeitable until the terms of the Restricted Stock grant have been satisfied. Shares of Restricted Stock are not transferable
until the date on which the Committee has specified such restrictions have lapsed. Unless otherwise provided by the Committee
at or after grant, distributions in the form of dividends or otherwise of additional shares or property in respect of shares of
Restricted Stock shall be subject to the same restrictions as such shares of Restricted Stock;

 

    	8

     

    

 

(e)    
Change of Control. Upon the occurrence of a Change in Control as defined in Section
5(c) above, the Committee may accelerate the vesting of outstanding Restricted Stock, in whole or in part, as determined by the
Committee in its sole discretion; or

 

(f)     
Termination of Employment. Unless otherwise determined by the Committee at or after
grant, in the event the Grantee ceases to be an employee or otherwise associated with the Company for any other reason, all shares
of Restricted Stock theretofore awarded to him which are still subject to restrictions shall be forfeited and the Company shall
have the right to complete the blank stock power. The Committee may provide (on or after grant) that restrictions or forfeiture
conditions relating to shares of Restricted Stock will be waived in whole or in part in the event of termination resulting from
specified causes, and the Committee may in other cases waive in whole or in part restrictions or forfeiture conditions relating
to Restricted Stock.

 

7.      
Term of Plan. No Option or award of Restricted Stock shall be granted pursuant to
the Plan on or after the date which is five (5) years from the effective date of the Plan, but Options and awards of Restricted
Stock theretofore granted may extend beyond that date.

 

8.     Capital
Change of the Company.

 

		(a)	In
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         event
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         any
                                                                                                                                                                                                                                                         merger,
                                                                                                                                                                                                                                                         reorganization,
                                                                                                                                                                                                                                                         consolidation,
                                                                                                                                                                                                                                                         recapitalization,
                                                                                                                                                                                                                                                         stock
                                                                                                                                                                                                                                                         dividend,
                                                                                                                                                                                                                                                         or
                                                                                                                                                                                                                                                         other
                                                                                                                                                                                                                                                         change
                                                                                                                                                                                                                                                         in
                                                                                                                                                                                                                                                         corporate
                                                                                                                                                                                                                                                         structure
                                                                                                                                                                                                                                                         affecting
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         Stock,
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         Committee
                                                                                                                                                                                                                                                         shall
                                                                                                                                                                                                                                                         make
                                                                                                                                                                                                                                                         an
                                                                                                                                                                                                                                                         appropriate
                                                                                                                                                                                                                                                         and
                                                                                                                                                                                                                                                         equitable
                                                                                                                                                                                                                                                         adjustment
                                                                                                                                                                                                                                                         in
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         number
                                                                                                                                                                                                                                                         and
                                                                                                                                                                                                                                                         kind
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         shares
                                                                                                                                                                                                                                                         reserved
                                                                                                                                                                                                                                                         for
                                                                                                                                                                                                                                                         issuance
                                                                                                                                                                                                                                                         under
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         Plan
                                                                                                                                                                                                                                                         and
                                                                                                                                                                                                                                                         in
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         number
                                                                                                                                                                                                                                                         and
                                                                                                                                                                                                                                                         option
                                                                                                                                                                                                                                                         price
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         shares
                                                                                                                                                                                                                                                         subject
                                                                                                                                                                                                                                                         to
                                                                                                                                                                                                                                                         outstanding
                                                                                                                                                                                                                                                         Options
                                                                                                                                                                                                                                                         granted
                                                                                                                                                                                                                                                         under
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         Plan,
                                                                                                                                                                                                                                                         to
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         end
                                                                                                                                                                                                                                                         that
                                                                                                                                                                                                                                                         after
                                                                                                                                                                                                                                                         such
                                                                                                                                                                                                                                                         event
                                                                                                                                                                                                                                                         each
                                                                                                                                                                                                                                                         Optionee’s
                                                                                                                                                                                                                                                         proportionate
                                                                                                                                                                                                                                                         interest
                                                                                                                                                                                                                                                         shall
                                                                                                                                                                                                                                                         be
                                                                                                                                                                                                                                                         maintained
                                                                                                                                                                                                                                                         (to
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         extent
                                                                                                                                                                                                                                                         possible)
                                                                                                                                                                                                                                                         as
                                                                                                                                                                                                                                                         immediately
                                                                                                                                                                                                                                                         before
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         occurrence
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         such
                                                                                                                                                                                                                                                         event.
                                                                                                                                                                                                                                                         The
                                                                                                                                                                                                                                                         Committee
                                                                                                                                                                                                                                                         shall,
                                                                                                                                                                                                                                                         to
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         extent
                                                                                                                                                                                                                                                         feasible,
                                                                                                                                                                                                                                                         make
                                                                                                                                                                                                                                                         such
                                                                                                                                                                                                                                                         other
                                                                                                                                                                                                                                                         adjustments
                                                                                                                                                                                                                                                         as
                                                                                                                                                                                                                                                         may
                                                                                                                                                                                                                                                         be
                                                                                                                                                                                                                                                         required
                                                                                                                                                                                                                                                         under
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         tax
                                                                                                                                                                                                                                                         laws
                                                                                                                                                                                                                                                         so
                                                                                                                                                                                                                                                         that
                                                                                                                                                                                                                                                         any
                                                                                                                                                                                                                                                         Incentive
                                                                                                                                                                                                                                                         Options
                                                                                                                                                                                                                                                         previously
                                                                                                                                                                                                                                                         granted
                                                                                                                                                                                                                                                         shall
                                                                                                                                                                                                                                                         not
                                                                                                                                                                                                                                                         be
                                                                                                                                                                                                                                                         deemed
                                                                                                                                                                                                                                                         modified
                                                                                                                                                                                                                                                         within
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         meaning
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         Section
                                                                                                                                                                                                                                                         424(h)
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         Code.
                                                                                                                                                                                                                                                         Appropriate
                                                                                                                                                                                                                                                         adjustments
                                                                                                                                                                                                                                                         shall
                                                                                                                                                                                                                                                         also
                                                                                                                                                                                                                                                         be
                                                                                                                                                                                                                                                         made
                                                                                                                                                                                                                                                         in
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         case
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         outstanding
                                                                                                                                                                                                                                                         Restricted
                                                                                                                                                                                                                                                         Stock
                                                                                                                                                                                                                                                         granted
                                                                                                                                                                                                                                                         under
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         Plan.

 

		(b)	The
                                                                                                                                                                                                                                                         adjustments
                                                                                                                                                                                                                                                         described
                                                                                                                                                                                                                                                         above
                                                                                                                                                                                                                                                         will
                                                                                                                                                                                                                                                         be
                                                                                                                                                                                                                                                         made
                                                                                                                                                                                                                                                         only
                                                                                                                                                                                                                                                         to
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         extent
                                                                                                                                                                                                                                                         consistent
                                                                                                                                                                                                                                                         with
                                                                                                                                                                                                                                                         continued
                                                                                                                                                                                                                                                         qualification
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         Option
                                                                                                                                                                                                                                                         under
                                                                                                                                                                                                                                                         Section
                                                                                                                                                                                                                                                         422
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         Code
                                                                                                                                                                                                                                                         (in
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         case
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         an
                                                                                                                                                                                                                                                         Incentive
                                                                                                                                                                                                                                                         Option)
                                                                                                                                                                                                                                                         and
                                                                                                                                                                                                                                                         Section
                                                                                                                                                                                                                                                         409A
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         Code.

 

9.      
Purchase for Investment/Conditions. Unless the Options and shares covered by the Plan
have been registered under the Securities Act of 1933, as amended (the “Securities Act”), or the Company has
determined that such registration is unnecessary, each person exercising or receiving Options or Restricted Stock under the Plan
may be required by the Company to give a representation in writing that such person is acquiring the securities for such person’s
own account for investment and not with a view to, or for sale in connection with, the distribution of any part thereof. The Committee
may impose any additional or further restrictions on awards of Options or Restricted Stock as shall be determined by the Committee
at the time of award.

 

10.   Taxes.

 

		(a)	The
                                                                                                                                                                                                                                                         Company
                                                                                                                                                                                                                                                         may
                                                                                                                                                                                                                                                         make
                                                                                                                                                                                                                                                         such
                                                                                                                                                                                                                                                         provisions
                                                                                                                                                                                                                                                         as
                                                                                                                                                                                                                                                         it
                                                                                                                                                                                                                                                         may
                                                                                                                                                                                                                                                         deem
                                                                                                                                                                                                                                                         appropriate,
                                                                                                                                                                                                                                                         consistent
                                                                                                                                                                                                                                                         with
                                                                                                                                                                                                                                                         applicable
                                                                                                                                                                                                                                                         law,
                                                                                                                                                                                                                                                         in
                                                                                                                                                                                                                                                         connection
                                                                                                                                                                                                                                                         with
                                                                                                                                                                                                                                                         any
                                                                                                                                                                                                                                                         Options
                                                                                                                                                                                                                                                         or
                                                                                                                                                                                                                                                         Restricted
                                                                                                                                                                                                                                                         Stock
                                                                                                                                                                                                                                                         granted
                                                                                                                                                                                                                                                         under
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         Plan
                                                                                                                                                                                                                                                         with
                                                                                                                                                                                                                                                         respect
                                                                                                                                                                                                                                                         to
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         withholding
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         any
                                                                                                                                                                                                                                                         taxes
                                                                                                                                                                                                                                                         (including
                                                                                                                                                                                                                                                         income
                                                                                                                                                                                                                                                         or
                                                                                                                                                                                                                                                         employment
                                                                                                                                                                                                                                                         taxes)
                                                                                                                                                                                                                                                         or
                                                                                                                                                                                                                                                         any
                                                                                                                                                                                                                                                         other
                                                                                                                                                                                                                                                         tax
                                                                                                                                                                                                                                                         matters.

 

    	9

     

    

 

		(b)	If
                                                                                                                                                                                                                                                         any
                                                                                                                                                                                                                                                         Grantee,
                                                                                                                                                                                                                                                         in
                                                                                                                                                                                                                                                         connection
                                                                                                                                                                                                                                                         with
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         acquisition
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         Restricted
                                                                                                                                                                                                                                                         Stock,
                                                                                                                                                                                                                                                         makes
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         election
                                                                                                                                                                                                                                                         permitted
                                                                                                                                                                                                                                                         under
                                                                                                                                                                                                                                                         Section
                                                                                                                                                                                                                                                         83(b)
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         Code
                                                                                                                                                                                                                                                         (that
                                                                                                                                                                                                                                                         is,
                                                                                                                                                                                                                                                         an
                                                                                                                                                                                                                                                         election
                                                                                                                                                                                                                                                         to
                                                                                                                                                                                                                                                         include
                                                                                                                                                                                                                                                         in
                                                                                                                                                                                                                                                         gross
                                                                                                                                                                                                                                                         income
                                                                                                                                                                                                                                                         in
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         year
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         transfer
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         amounts
                                                                                                                                                                                                                                                         specified
                                                                                                                                                                                                                                                         in
                                                                                                                                                                                                                                                         Section
                                                                                                                                                                                                                                                         83(b)),
                                                                                                                                                                                                                                                         such
                                                                                                                                                                                                                                                         Grantee
                                                                                                                                                                                                                                                         shall
                                                                                                                                                                                                                                                         notify
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         Company
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         election
                                                                                                                                                                                                                                                         with
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         Internal
                                                                                                                                                                                                                                                         Revenue
                                                                                                                                                                                                                                                         Service
                                                                                                                                                                                                                                                         pursuant
                                                                                                                                                                                                                                                         to
                                                                                                                                                                                                                                                         regulations
                                                                                                                                                                                                                                                         issued
                                                                                                                                                                                                                                                         under
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         authority
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         Code
                                                                                                                                                                                                                                                         Section
                                                                                                                                                                                                                                                         83(b).

 

		(c)	If
                                                                                                                                                                                                                                                         any
                                                                                                                                                                                                                                                         Grantee
                                                                                                                                                                                                                                                         shall
                                                                                                                                                                                                                                                         make
                                                                                                                                                                                                                                                         any
                                                                                                                                                                                                                                                         disposition
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         shares
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         Stock
                                                                                                                                                                                                                                                         issued
                                                                                                                                                                                                                                                         pursuant
                                                                                                                                                                                                                                                         to
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         exercise
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         an
                                                                                                                                                                                                                                                         Incentive
                                                                                                                                                                                                                                                         Option
                                                                                                                                                                                                                                                         under
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         circumstances
                                                                                                                                                                                                                                                         described
                                                                                                                                                                                                                                                         in
                                                                                                                                                                                                                                                         Section
                                                                                                                                                                                                                                                         421(b)
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         Code
                                                                                                                                                                                                                                                         (relating
                                                                                                                                                                                                                                                         to
                                                                                                                                                                                                                                                         certain
                                                                                                                                                                                                                                                         disqualifying
                                                                                                                                                                                                                                                         dispositions),
                                                                                                                                                                                                                                                         such
                                                                                                                                                                                                                                                         Grantee
                                                                                                                                                                                                                                                         shall
                                                                                                                                                                                                                                                         notify
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         Company
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         such
                                                                                                                                                                                                                                                         disposition
                                                                                                                                                                                                                                                         within
                                                                                                                                                                                                                                                         ten
                                                                                                                                                                                                                                                         (10)
                                                                                                                                                                                                                                                         days
                                                                                                                                                                                                                                                         thereof.

 

11.    
Effective Date of Plan. The Plan shall be effective on May 1, 2013; provided,
however, that if, and only if, certain options are intended to qualify as Incentive Stock Options, the Plan must subsequently
be approved by majority vote of the Company’s stockholders no later than May 1, 2014, and further, that in the event certain
Option grants hereunder are intended to qualify as performance-based compensation within the meaning of Section 162(m) of the
Code, the requirements as to stockholder approval set forth in Section 162(m) of the Code are satisfied.

 

12.   Amendment
and Termination.

 

(a) The Board
may amend, suspend, or terminate the Plan, except that no amendment shall be made that would impair the rights of any Participant
under any Option or Restricted Stock theretofore granted without the Participant’s consent, and except that no amendment
shall be made which, without the approval of the stockholders of the Company, would:

 

	 	(i)	materially
    increase the number of shares that may be issued under the Plan, except as is provided in Section 8;

 

	 	(ii)	materially
    increase the benefits accruing to the Participants under the Plan;

 

	 	(iii)	 materially
    modify the requirements as to eligibility for participation in the Plan;

 

	 	(iv)	decrease
    the exercise price of an Incentive Option to less than 100% of the Fair Market Value per share of Stock on the date of grant
    thereof or the exercise price of a Nonqualified Option to less than 100% of the Fair Market Value per share of Stock on the
    date of grant thereof;

 

	 	(v)	extend
    the term of any Option beyond that provided for in Section 5(b); or

 

	 	(vi)	except
    as otherwise provided in Sections 5(d) and 8 hereof, reduce the exercise price of outstanding Options or effect repricing
    through cancellations and re-grants of new Options.

 

(b) Subject to
the forgoing, the Committee may amend the terms of any Option theretofore granted, prospectively or retrospectively, but no such
amendment shall impair the rights of any Optionee without the Optionee’s consent.

 

    	10

     

    

 

(c) It is the
intention of the Board that the Plan comply strictly with the provisions of Section 409A of the Code and Treasury Regulations
and other Internal Revenue Service guidance promulgated thereunder (the “Section 409A Rules”), as applicable,
and the Committee shall exercise its discretion in granting awards hereunder (and the terms of such awards), accordingly. The
Plan and any grant of an award hereunder may be amended from time to time (without, in the case of an award, the consent of the
Participant) as may be necessary or appropriate to comply with the Section 409A Rules. If the timing of any distribution under
this Plan would result in the imposition of tax penalties under Code Section 409A, (i) then such distribution will be made at
the earliest date after the specified payment date on which that distribution can be effected without resulting in such tax penalties;
(ii) the Company shall have no authority to accelerate any payment hereunder except as permitted under Code Section 409A and regulations
thereunder; and (iii) any rights of any Participant or retained authority of the Company with respect to awards hereunder shall
be automatically modified and limited to the extent necessary so that no Grantee will be deemed to be in constructive receipt
of income relating to the deferrals nor subject to any penalty under Code Section 409A.

 

13.  Government Regulations.
The Plan, and the grant and exercise of Options or Restricted Stock hereunder, and the obligation of the Company to sell and
deliver shares under such Options and Restricted Stock shall be subject to all applicable laws, rules and regulations, and to
such approvals by any governmental agencies, national securities exchanges and interdealer quotation systems as may be required.

 

14.   General Provisions.

 

(a) Certificates.
All certificates for shares of Stock delivered under the Plan shall be subject to such stop transfer orders and other restrictions
as the Committee may deem advisable under the rules, regulations and other requirements of the Securities and Exchange Commission,
or other securities commission having jurisdiction, any applicable Federal or state securities law, any stock exchange or interdealer
quotation system upon which the Stock is then listed or traded and the Committee may cause a legend or legends to be placed on
any such certificates to make appropriate reference to such restrictions.

 

(b) Employment
Matters. Neither the adoption of the Plan nor any grant or award under the Plan shall confer upon any Participant who is an
employee of the Company or any Subsidiary any right to continued employment or, in the case of a Participant who is a director,
continued service as a director, with the Company or a Subsidiary, as the case may be, nor shall it interfere in any way with
the right of the Company or any Subsidiary to terminate the employment of any of its employees, the service of any of its directors
or the retention of any of its consultants, attorneys or advisors at any time.

 

(c) Limitation
of Liability. No member of the Committee, or any officer or employee of the Company acting on behalf of the Committee, shall
be personally liable for any action, determination or interpretation taken or made in good faith with respect to the Plan, and
all members of the Committee and each and any officer or employee of the Company acting on their behalf shall, to the extent permitted
by law, be fully indemnified and protected by the Company in respect of any such action, determination or interpretation.

 

(d) Registration
of Stock. Notwithstanding any other provision in the Plan, no Option may be exercised unless and until the Stock to be issued
upon the exercise thereof has been registered under the Securities Act and applicable state securities laws, or are, in the opinion
of counsel to the Company, exempt from such registration in the United States. The Company shall not be under any obligation to
register under applicable federal or state securities laws any Stock to be issued upon the exercise of an Option granted hereunder
in order to permit the exercise of an Option and the issuance and sale of the Stock subject to such Option, although the Company
may in its sole discretion register such Stock at such time as the Company shall determine. If the Company chooses to comply with
such an exemption from registration, the Stock issued under the Plan may, at the direction of the Committee, bear an appropriate
restrictive legend restricting the transfer or pledge of the Stock represented thereby, and the Committee may also give appropriate
stop transfer instructions with respect to such Stock to the Company’s transfer agent.

 

    	11

     

    

 

(e) Transferability
in accordance with SEC Release No. 33-7646 entitled “Registration of Securities on Form S-8,” as effective April 7,
1999. Notwithstanding anything to the contrary as may be contained in this Plan regarding rights as to transferability or
lack thereof, all options granted hereunder may and shall be transferable to the extent permitted in accordance with SEC Release
No. 33-7646 entitled “Registration of Securities on Form S-8,” as effective April 7, 1999, and in particular in accordance
with that portion of such Release which expands Form S-8 to include stock option exercised by family members so that the rules
governing the use of Form S-8 (i) do not impede legitimate intra-family transfer of options and (ii) may facilitate transfer for
estate planning purposes, all as more specifically defined in Article III, Sections A and B thereto, the contents of which are
herewith incorporated by reference.

 

15.  Non-Uniform Determinations.
The Committee’s determinations under the Plan, including, without limitation, (i) the determination of the Participants
to receive awards, (ii) the form, amount and timing of such awards, (iii) the terms and provisions of such awards and (ii) the
agreements evidencing the same, need not be uniform and may be made by it selectively among Participants who receive, or who are
eligible to receive, awards under the Plan, whether or not such Participants are similarly situated.

 

16.  Governing
Law. The validity, construction, and effect of the Plan and any rules and regulations relating to the Plan shall be determined
in accordance with the internal laws of the State of New York, without giving effect to principles of conflicts of laws, and applicable
federal law.

 

    	12Exhibit

Exhibit 10.1

Mr. Gregg Wm. Givens 
c/o DST Systems, Inc.
333 W. 11th Street
Kansas City, MO 64105

April 11, 2018
Dear Gregg:
This letter agreement (this “Agreement”) sets forth our mutual agreement concerning your resignation as an executive officer and employee of DST Systems, Inc., a Delaware corporation (the “Company”), in connection with the closing of the transactions contemplated by the Agreement and Plan of Merger (as it may be amended from time to time), dated as of January 11, 2018 (the “Merger Agreement”), by and among the Company, SS&C Technologies Holdings, Inc., a Delaware Corporation (“SS&C” , and together with the Company and their respective subsidiaries, successors and affiliates, the “Company Group”), and Diamond Merger Sub, Inc., a Delaware Corporation (the “Closing”), and your right to receive severance amounts under the DST Systems, Inc. Executive Severance Plan, effective as of February 25, 2014 (the “Severance Plan”).  Any capitalized terms not otherwise defined herein will have the meanings given to such terms in the Merger Agreement or the Severance Plan, as applicable. 
1.Termination.  Your employment with the Company Group will terminate in all capacities as of the date of the Closing (the “Effective Date”).  In that regard, you hereby resign, effective as of the Effective Date, from (a) your position as Senior Vice President, Chief Financial Officer and Treasurer of the Company and (b) all other officer positions, committee memberships, directorships and other positions that you hold with the Company Group.  You agree that you will cooperate with the Company Group in connection with any such resignation.  In addition, you agree that on and after the Effective Date, you will not represent yourself as being an employee, officer, director, agent or representative of the Company Group for any purpose.  You and the Company acknowledge and agree that the termination of your employment will constitute a “Qualifying CIC Termination” under the Severance Plan, and this Agreement sets forth the payments and benefits that you will receive. 
2.    Salary and Benefits Prior to the Effective Date.  During the period commencing on the date of this Agreement and ending on the Effective Date (or, if earlier, the date of any termination of your employment) (the “Continuation Period”), you will continue to receive your current base salary at the rate of $475,000 (the “Base Salary”) and you will continue to participate as an employee in the Company’s health and welfare plans and programs in accordance with their terms. 
3.    Severance Benefits.  Subject to your execution of and continuing compliance with your obligations under this Agreement and your re-execution of this Agreement as of the Effective Date, and in consideration of the covenants referenced herein and the waiver and release set forth below, and provided that you do not revoke this Agreement in accordance with 

#90717270v11    

Section ‎23(h), you will receive the following severance payments and benefits on the Effective Date: 
(a)    A lump-sum cash payment consisting of: (i) $1,900,000 (representing the sum of two times your annual Base Salary, as of the Effective Date, and two times your annual bonus target for 2018); (ii) an amount equal to $475,000 times a fraction, the numerator of which is the number of days in 2018 prior to and including the Closing Date, and the denominator of which is 365 (representing a pro rata portion of your annual bonus target for 2018); and (iii) $43,100 (representing two times the Company-paid portion of the COBRA continuation premium cost to cover you and your eligible dependents, for twelve (12) months under the Company’s health, vision and dental plans in effect as of the Effective Date).  
(b)    A lump-sum cash payment in the amount of $25,000 for anticipated outplacement counseling services.  
(c)    All of your outstanding unvested Company Equity Awards (as defined in the Severance Plan), consisting of Restricted Stock Units, or “RSUs”, and Performance Stock Units, or “PSUs”, shall fully vest (and in the case of outstanding PSUs, such PSUs shall first be adjusted to the conversion levels specified in Section 6.04(f) of the Merger Agreement for unvested PSUs) immediately upon Closing.  In lieu of the provisions of Section 5(c) of the Severance Plan and in lieu of delivery of stock or a conversion of any of your outstanding unvested  Company Equity Awards into SS&C equity awards, the DST Compensation Committee shall authorize, and SS&C agrees, that your outstanding vested and unvested Company Equity Awards shall be converted into an aggregate cash amount of $5,054,532 (based upon a cash price of $84.00 per share and taking into account the conversion level adjustments for unvested PSUs in Section 6.04(f) of the Merger Agreement) immediately upon Closing and, to the extent compliant with Section 409A of the Internal Revenue Code and the regulations and interpretive guidance promulgated thereunder (“Section 409A”), paid to you in a cash lump sum on the Effective Date.  In the event that the payment of all or a portion of such cash amount on the Effective Date would not be compliant with Section 409A, then such portion of the cash amount shall be paid to you (or your estate, in the event of your death) upon the 6 month and one day anniversary of the Effective Date (or as soon as practicable following your death, if earlier).  
(d)    Notwithstanding the foregoing, your right to receive the amounts and benefits described in this Section 3 will remain subject to Section 6 of the Severance Plan (IRC 280G; Best Net Protection).
4.    Paid Time Off.  Any accrued but unused paid time off you have as of the Effective Date will be paid to you in accordance with the Company’s vacation policy.
5.    Retirement Plans.  You will be entitled to receive your vested accrued benefits, including but not limited to the matching contribution true-up adjustments under the Company’s 401(k) plan in accordance with the terms and conditions of such plan.

2
    

6.    Business Expenses.  As promptly as practicable after the Effective Date, the Company will pay you any unreimbursed business expenses incurred through the Effective Date to which you are entitled to reimbursement.
7.    No Other Compensation or Benefits.  Except as otherwise specifically provided herein or as required by COBRA or other applicable law, you will not be entitled to any compensation or benefits or to participate in any past, present or future employee benefit programs or arrangements of the Company Group on or after the Effective Date.
8.    Duties; Cooperation.  During the Continuation Period, you agree to render your services to the Company on a full-time, exclusive basis and use your good faith best efforts to promote and serve the interests of the Company Group subject to any alternate written instructions provided by the Company to you.  Following the Effective Date, you agree to cooperate fully with the Company and its counsel with respect to any matter (including, without limitation, any litigation, investigation or government proceeding) that relates to matters with which you are or were involved or about which you had knowledge during your employment with the Company; provided, however, that (i) such cooperation will not exceed an average (during the Restricted Period) of ten (10) hours per month and (ii) you will be entitled to reimbursement for any business and travel expenses incurred in connection with any such cooperation in a manner consistent with the Company’s business and travel expense reimbursement policies.  
9.    Ownership and Confidentiality of Proprietary Information.  
(a)    Ownership of Proprietary Information.  Subject to Section ‎20, you hereby confirm and acknowledge that certain assets of the Company or the Company Group, including, without limitation, all Proprietary Information (as defined below), files, databases, letters, memoranda, reports, records, data, sketches, drawings, research notebooks, program listings or other written, photographic or other material containing Proprietary Information, whether created by you or others, and whether in tangible, intangible, written or electronic form are the exclusive property of the Company and are and were to be used by you only in the performance of your employment duties.  All Proprietary Information and all records or copies thereof in your custody or possession will be delivered to the Company upon the earlier of (i) a request by the Company or (ii) on the Effective Date.
(b)    Non-disclosure.  Subject to Section ‎20, you will not, during or after your employment, disclose any or any part of the Proprietary Information to others outside the Company, or use the same for any purpose without prior written approval by the Company or its successor or affiliate other than to discharge your employment duties during the Continuation Period; provided, however, that the Proprietary Information will in no event include (i) any Proprietary Information which becomes generally known to and available for use by the public other than as a result of your acts or omissions or (ii) any Proprietary Information which is required to be disclosed by valid court order, provided that you have given the Company prompt notice of the order in advance of the disclosure.

3
    

(c)    Definition of Proprietary Information.  All information and know how, whether or not in writing or other tangible or electronic form, concerning the business or financial affairs of Company Group, including but not limited to all (i) inventions, discoveries, improvements and trade secrets, (ii) products and services and all plans, service levels, specifications and concepts for products and services, (iii) business plans, business and systems processes, methods, techniques, specifications and formulas, (iv) research and development projects and data, (v) financial and marketing data and information, (vi) information about customers and prospective customers, including contractual terms, customer specifications and the identity of and relationships with customer employees, (vii) names and other data relating to Company Group employees, consultants, suppliers and prospective employees, consultants and suppliers, (viii) computer data, reports, computer programs, source codes, object codes, manuals, tapes, listings, specifications, test results, programming sequences, application programming interfaces, screen designs and formats and user interfaces, algorithms, flow charts, program formats, user documentation and operating processes, and (ix) trade names, copyrights and other intellectual property rights, in each case whether developed, created, made, invented or conceived or reduced to practice by you or others and whether patentable, copyrightable or not, will be “Proprietary Information”.
10.    Non-Compete and Non-Solicit.  During the Continuation Period and for the period beginning on the Effective Date and ending on the second anniversary of the Effective Date (the “Restricted Period”), you will not: 
(a)    directly or indirectly become employed by, enter into a consulting arrangement with or otherwise agree to perform services for a Competitor (as defined below) operating in the Applicable Geographic Area (as defined below) or acquire an ownership interest in such a Competitor, other than an equity interest in a publicly-traded Competitor that does not exceed two percent (2%),
(b)    for or on behalf of your account or jointly with another, either directly or indirectly, on behalf of you or any individual, partnership, corporation, or other legal entity, as principal agent, employee or otherwise, solicit, influence, entice or induce, or attempt to solicit, influence, entice or induce any person to leave the employ of any Applicable Company Entity (as defined below), or 
(c)    directly or indirectly solicit any Customers (as defined below) or Prospective Customers (as defined below) or vendors or potential vendors of any Applicable Company Entity on behalf of or for the benefit of a Competitor.
(d)    Definitions. 
(i)    “Applicable Company Entity” means (i) the Company and any entity within the Company Group with which you have worked or were involved during the course of your employment with the Company or the Company Group or about which you gained Proprietary Information during the course of your employment with the Company and (ii) SS&C and its subsidiaries.

4
    

(ii)        “Applicable Geographic Area” means the United States as well as any other country in which any Applicable Company Entity has, as of the Effective Date, offices or operations involving the services of any Applicable Company Entity or any Customers of such services.
(iii)    “Competitor” means, unless the Company or its successor or affiliate determines otherwise, any Person that sells goods or services that are directly or indirectly related to the services of any Applicable Company Entity.
(iv)    “Customer” means any Person that has done business with any Applicable Company Entity; provided, however, that for the Restricted Period, Customers will include only entities that were Customers during the twelve (12)-month period before the Effective Date.
(v)        “Person” means any individual, sole proprietorship, corporation, partnership, joint venture, limited liability company, association, joint stock company, trust, unincorporated organization, institution, public benefit corporation, entity or government instrumentality, division, agency, body or department.
(vi)    “Prospective Customer” means any Person to whom or to which any Applicable Company Entity has made a proposal to do business; provided, however, that for the Restricted Period, Prospective Customers will include only Persons that were Prospective Customers during the twelve (12)-month period before the Effective Date.
11.    Invention Non-Disclosure and Ownership. 
(a)    Disclosure of Developments to the Company.  You will make full and prompt disclosure to the Company of all inventions, designs, processes, improvements, discoveries, methods, computer hardware and software and other works of authorship, and any other intellectual property rights, whether or not fully integrated, debugged or documented and whether patentable, copyrightable or not, which were developed, created, made, invented or conceived or reduced to practice by you, under your direction or jointly with others during your employment by or performance of services for the Company Group and related in any way to the business of the Company Group, whether or not during normal working hours or on the premises of the Company Group during your employment by or performance of services for the Company Group (collectively, the “Developments”).  All of the Developments will be deemed to be Proprietary Information.
(b)    Assignment of Developments.  All Developments will be deemed “work made for hire” as the term is defined under the applicable law, and will be the property of the Company Group. To the extent any Developments do not qualify as work made for hire, you hereby irrevocably assign to the Company (or any Person designated by Company) all your right, title and interest in and to all such Developments and all related intellectual property rights, including trademarks, patents, patent applications, copyrights 

5
    

and copyright applications.  If this Agreement will be construed in accordance with the laws of any state which precludes a requirement in an agreement to assign certain classes of inventions made by you (“Non-Assignable Inventions”), this Section ‎11(b) will not apply to any Non-Assignable Invention which, pursuant to a final binding, enforceable order of a court of competent jurisdiction, or pursuant to an agreement of the Company, falls within such classes.  However, with respect to any Non-Assignable Invention, you hereby grant to the Company a worldwide, perpetual, royalty-free, non-exclusive license to make, use and sub-license such Non-Assignable Invention, and to create derivative works therefrom, in connection with the conduct of the Company’s business.
(c)    Further Assurances.  You agree to cooperate fully with the Company Group, both during and after your employment, with respect to the procurement, maintenance and enforcement of trademarks, copyrights and patents and any other intellectual property rights (in the United States and foreign countries) relating to Developments.  You agree to sign all papers, including, without limitation, trademark applications, copyright applications, patent applications, declarations, oaths, formal assignments, assignments of priority rights and powers of attorney, which the Company may deem necessary or desirable in order to protect its rights and interests in any Development.
12.    Certain Remedies.  Without intending to limit the remedies available to the Company Group, you agree that a breach of any of the covenants contained in ‎Section ‎9, Section ‎10, Section ‎11 and Section ‎13 will result in material and irreparable injury to the Company Group for which there is no adequate remedy at law, that it will not be possible to measure damages for such injuries precisely and that, in the event of such a breach or threat thereof, the Company Group will be entitled to seek a temporary restraining order or a preliminary or permanent injunction, or both, without bond or other security, restraining you from engaging in activities prohibited by the covenants contained in‎ Section ‎9, Section ‎10, Section ‎11 and Section ‎13 or such other relief as may be required specifically to enforce any of the covenants contained in this Agreement.  Such injunctive relief in any court will be available to the Company Group in lieu of, or prior to or pending determination in, any proceeding.  In addition to the remedies the Company Group may seek and obtain pursuant to this Agreement, the Restricted Period will be extended by any and all periods during which you are in breach of Section ‎9 or Section ‎10.
13.    Mutual Nondisparagement.  You agree that at no time following the Effective Date will you make, cause or assist any other person or entity to make any statement or other communication to any person or entity, including, without limitation, any third party, reporter, author, producer or similar person or entity, or to any general public media in any form (including, without limitation, books, articles or writings of any other kind, as well as film, videotape, audio tape, computer/internet format or any other medium), which impugns or attacks, or is otherwise critical of in any way, the reputation, business or character of any Released Party and SS&C and the Company will instruct their respective directors and senior executive officers not to make, cause or assist any other person or entity to make any statement or other communication to any person or entity, including, without limitation, any third party, reporter, author, producer or similar person or entity, or to any general public media in any form 

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(including, without limitation, books, articles or writings of any other kind, as well as film, videotape, audio tape, computer/internet format or any other medium), which impugns or attacks, or is otherwise critical of in any way, the reputation, business or character of you.
14.    Confidentiality of this Agreement.  Subject to Section ‎20, you agree that, except to enforce the terms of this Agreement or as may be required by applicable law or legal process, you will not disclose the terms of this Agreement to any person other than your accountants, financial advisors, attorneys or spouse; provided that such accountants, financial advisors, attorneys and spouse agree not to disclose the terms of this Agreement to any other person or entity.
15.    Return of Property.  No later than the Effective Date, you will deliver to the Company (or, if requested by any member of the Company Group, destroy) all property made available to you in connection with your employment by any member of the Company Group, including, without limitation, any and all records, manuals, customer lists, notebooks, cellphones, electronic devices, computers, computer programs, credit cards, and files, papers, electronically stored information and documents kept or made by you in connection with your employment.
16.    Company’s Right to Notify Subsequent Employers.  The Company Group may do all necessary things, and take all necessary action, in the Company’s discretion, to protect its rights under this Agreement, including, without limitation, notifying any subsequent employer, partner or business associate of the existence of (and furnishing to any such Person) the provisions of this Agreement.
17.    Employee Protections.  As described further in Section ‎20, you have the right under federal law to certain protections for cooperating with or reporting legal violations to the Securities Exchange Commission (the “SEC”) and/or its Office of the Whistleblower, as well as certain other governmental entities and self-regulatory organizations.  As such, nothing in this Agreement or otherwise is intended to prohibit you from disclosing this Agreement to, or from cooperating with or reporting violations to, the SEC or any other such governmental entity or self-regulatory organization, and you may do so without notifying the Company.  The Company may not retaliate against you for any of these activities, and nothing in this Agreement or otherwise would require you to waive any monetary award or other payment that you might become entitled to from the SEC or any other governmental entity.  Moreover, nothing in this Agreement or otherwise prohibits you from notifying the Company that you are going to make a report or disclosure to law enforcement.
18.    Release.
(a)    General Release.  In consideration of the Company’s obligations under this Agreement and for other valuable consideration, you hereby release and forever discharge the Company, each other member of the Company Group and each of their respective direct or indirect shareholders, officers, employees, directors and agents (collectively, the “Released Parties”) from any and all claims, actions and causes of action (collectively, “Claims”), including, without limitation, any Claims arising under (A) the Sarbanes-Oxley Act of 2002, 18 U.S.C. § 1514; Sections 748(h)(i), 922(h)(i) and 

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1057 of the Dodd-Frank Wall Street and Consumer Protection Act (the “Dodd Frank Act”), 7 U.S.C. § 26(h), 15 U.S.C. § 78u-6(h)(i) and 12 U.S.C. § 5567(a) but excluding from this release any right you may have to receive a monetary award from the SEC as an SEC Whistleblower, pursuant to the bounty provision under Section 922(a)-(g) of the Dodd Frank Act, 7 U.S.C. § 26(a)-(g), or directly from any other federal or state agency pursuant to a similar program, or (B) any applicable federal, state, local or foreign law, that you may have, or in the future may possess arising out of (x) your employment relationship with and service as a director, employee, officer or manager of the Company or any other member of the Company Group, and the termination of such relationship or service, or (y) any event, condition, circumstance or obligation that occurred, existed or arose on or prior to the date hereof; provided, however, that the release set forth in this Section ‎18(a) will not apply to (i) the obligations of the Company under this Agreement and (ii) the obligations of the Company to continue to provide officer indemnification to you as provided in the Company’s, as applicable, governing documents.  You further agree that the payments and benefits described in this Agreement will be in full satisfaction of any and all Claims for payments or benefits, whether express or implied, that you may have against the Company or any other member of the Company Group arising out of your employment relationship, your service as a director, employee, officer or manager of the Company or any other member of the Company Group and the termination thereof.  The provision of the payments and benefits described in this Agreement will not be deemed an admission of liability or wrongdoing by the Company or any other member of the Company Group.  This Section ‎18‎(a) does not apply to any Claims that you may have as of the date you sign this Agreement arising under the Federal Age Discrimination in Employment Act of 1967, as amended, and the applicable rules and regulations promulgated thereunder (“ADEA”).  Claims arising under ADEA are addressed in Section ‎18‎(b) of this Agreement.
(b)    Specific Release of ADEA Claims.  In consideration of the payments and benefits provided to you under this Agreement, you hereby release and forever discharge the Released Parties from any and all Claims that you may have as of the date you sign this Agreement arising under ADEA.  By signing this Agreement, you hereby acknowledge and confirm the following: (i) you were advised by the Company in connection with your termination to consult with an attorney of your choice prior to signing this Agreement and to have such attorney explain to you the terms of this Agreement, including, without limitation, the terms relating to your release of Claims arising under ADEA; (ii) you have been given a period of not fewer than twenty-one (21) days to consider the terms of this Agreement and to consult with an attorney of your choosing with respect thereto; and (iii) you are providing the release and discharge set forth in this Section ‎18(b) only in exchange for consideration in addition to anything of value to which you are already entitled.
(c)    Section 1542 of the Civil Code of the State of California Waiver.  You acknowledge that you may hereafter discover Claims or facts in addition to or different from those which you now know or believe to exist with respect to the subject matter of this release and which, if known or suspected at the time of executing this release, may have materially affected this release or your decision to enter into it.  Nevertheless, you 

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hereby waive any right or Claim that might arise as a result of such different or additional Claims or facts and you hereby expressly waive any and all rights and benefits conferred upon you by the provisions of Section 1542 of the Civil Code of the State of California, which provides as follows: 
A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR.
(d)    Representation.  You hereby represent that you have not instituted, assisted or otherwise participated in connection with, any action, complaint, claim, charge, grievance, arbitration, lawsuit or administrative agency proceeding, or action at law or otherwise against the Company or any other member of the Company Group or any of their respective shareholders, officers, employees, directors, shareholders or agents.
(e)    Re-execution of Release and Representation.  You hereby agree to re-execute the release and representation set forth in this Section ‎18 as of the Effective Date by signing below.
19.    Cessation of Payments.  In the event that you (a) file any charge, claim, demand, action or arbitration with regard to your employment, compensation or termination of employment under any federal, state, local or foreign law, or an arbitration under any industry regulatory entity, except in either case for a claim for breach of this Agreement or failure to honor the obligations set forth herein or (b) breach any of the covenants contained or referenced in this Agreement, the Company will be entitled to immediately cease making any payments due or providing any benefits pursuant to Section ‎3.
20.    Certain Exceptions.  (a). Notwithstanding anything in this Agreement or in any other agreement between you and any member of the Company Group, or in any Company code of conduct, employee manual, confidentiality policy or similar document, you have the right to:
(i)    report possible violations of state or federal law or regulation that have occurred, are occurring, or are about to occur to any governmental agency or entity, or self-regulatory organization;
(ii)    cooperate voluntarily with, or respond to any inquiry from, or provide testimony before any self-regulatory organization or any other federal, state or local regulatory or law enforcement authority;
(iii)    make reports or disclosures to law enforcement or a regulatory authority without prior notice to, or authorization from, the Company; and
(iv)    respond truthfully to a valid subpoena.  

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(b)    In addition, the Company wants you to be aware that:
(i)    (A) you have the right to not be retaliated against for reporting, either internally to the Company or to any governmental agency or entity or self-regulatory organization, information which you reasonably believe relates to a possible violation of law, (B) it is a violation of federal law to retaliate against anyone who has reported such potential misconduct either internally or to any governmental agency or entity or self-regulatory organization (retaliatory conduct includes discharge, demotion, suspension, threats, harassment, and any other manner of discrimination in the terms and conditions of employment because of any lawful act you may have performed) and (C) it is unlawful for the Company to retaliate against you for reporting possible misconduct either internally or to any governmental agency or entity, or self-regulatory organization;
(ii)    notwithstanding anything contained in this Agreement or otherwise, you may, to the extent contemplated by Section ‎9(b), disclose confidential Company information, including the existence and terms of any confidential agreements between you and the Company (including employment or severance agreements), to any governmental agency or entity or self-regulatory organization;
(iii)    the Company cannot require you to withdraw reports or filings alleging possible violations of federal, state or local law or regulation, and may not offer you any kind of inducement, including payment, to do so;
(iv)    your rights and remedies as a whistleblower protected under applicable whistleblower laws, including a monetary award, if any, may not be waived by any agreement, policy, form, or condition of employment, including by a predispute arbitration agreement; and
(v)    even if you have participated in a possible violation of law, you may be eligible to participate in the confidentiality and retaliation protections afforded under applicable whistleblower laws, and may also be eligible to receive an award under such laws.
21.    Section 409A.  This Agreement is intended to meet the requirements of Section 409A with respect to amounts subject thereto, and will be interpreted and construed consistent with that intent.  No expenses eligible for reimbursement, or in-kind benefits to be provided, during any calendar year will affect the amounts eligible for reimbursement in any other calendar year, to the extent subject to the requirements of Section 409A, and no such right to reimbursement or right to in-kind benefits will be subject to liquidation or exchange for any other benefit.  For purposes of Section 409A, each payment in a series of installment payments provided under this Agreement will be treated as a separate payment.  Any payments to be made under this Agreement upon a termination of employment will only be made upon a “separation from service” under Section 409A.  The Company makes no representations that the payments provided under this Agreement comply with Section 409A and in no event will the Company or 

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any other member of the Company Group be liable for any taxes, penalties, interest or other expenses that may be incurred by you on account of non-compliance with Section 409A.
22.    Defend Trade Secrets Act.  Pursuant to the Defend Trade Secrets Act of 2016, the parties hereto acknowledge and agree that you will not have criminal or civil liability under any Federal or State trade secret law for the disclosure of a trade secret that (a) is made (i) in confidence to a Federal, State, or local government official, either directly or indirectly, or to an attorney and (ii) solely for the purpose of reporting or investigating a suspected violation of law; or (b) is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal.  In addition and without limiting the preceding sentence, if you file a lawsuit for retaliation by the Company for reporting a suspected violation of law, you may disclose the trade secret to your attorney and may use the trade secret information in the court proceeding, if you (A) file any document containing the trade secret under seal and (B) do not disclose the trade secret, except pursuant to court order.
23.    Miscellaneous.
(a)    Entire Agreement.  This Agreement and any other agreement containing restrictive covenant obligations owed by you to any member of the Company Group set forth the entire agreement and understanding of the parties hereto with respect to the matters covered hereby and supersedes and replaces any express or implied prior agreement with respect to the terms of your employment and the termination thereof which you may have had with the Company Group (including, without limitation, the Severance Plan (other than Sections 6 and 7 thereof) and any signed acknowledgement thereto).  This Agreement may be amended only by a written document signed by the parties hereto.
(b)    Governing Law; Submission to Jurisdiction.  This Agreement will be governed by, and construed in accordance with, the laws of the State of Delaware (determined without regard to the choice of law provisions thereof).  To the fullest extent permitted by law, the parties hereto agree that any claim, suit, action or proceeding seeking to enforce any provision of, or based on any matter arising out of or in connection with, this Agreement or the other agreements or transactions contemplated hereby will be brought only in the Federal courts located in the County of New York in the State of New York or, if unavailable, an appropriate state court in the County of New York in the State of New York, and not in any other Federal or State court located in the United States of America or any court in any other country, and each of the parties hereby consents to the jurisdiction of such courts (and of the appropriate appellate courts therefrom) in any such suit, action or proceeding in any such court or that any such suit, action or proceeding and irrevocably waives, to the fullest extent permitted by law, any objection which it may now or hereafter have to the laying of venue of any such suit, action or proceeding in any such court or that any such suit, action or proceeding which is brought in any such court has been brought in an inconvenient forum. 
(c)    Withholding.  Any payments made to you under this Agreement will be reduced by any applicable withholding taxes or other amounts required to be withheld by law or contract.

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(d)    Voluntary Assent.  You affirm that you have read this Agreement, and understand all of its terms, including the full and final release of claims set forth in Section ‎18.  You further acknowledge that you have voluntarily entered into this Agreement; that you have not relied upon any representation or statement, written or oral, not set forth in this Agreement; that the only consideration for signing this Agreement is as set forth herein; and that this document gives you the opportunity and encourages you to have this Agreement reviewed by your attorney and/or tax advisor.
(e)    Waiver.  The failure of either party to this Agreement to enforce any of its terms, provisions or covenants will not be construed as a waiver of the same or of the right of such party to enforce the same.  Waiver by either party hereto of any breach or default by the other party of any term or provision of this Agreement will not operate as a waiver of any other breach or default.
(f)    Severability.  In the event that any provision of this Agreement is held to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remainder of this Agreement will not in any way be affected or impaired thereby.  If any provision of this Agreement is held to be excessively broad as to duration, activity or subject, such provision will be construed by limiting and reducing it so as to be enforceable to the maximum extent allowed by applicable law.
(g)    Counterparts.  This Agreement may be executed in one or more counterparts, which together will constitute one and the same agreement.
(h)    Revocation.  This Agreement may be revoked by you within the seven (7)-day period commencing on the date you sign this Agreement (the “Revocation Period”).  In the event of any such revocation by you, all obligations of the Company and you under this Agreement will terminate and be of no further force and effect as of the date of such revocation.  No such revocation by you will be effective unless it is in writing and signed by you and received by the Company prior to the expiration of the Revocation Period.
(i)    Notices.  All notices, demands, requests or other communications which may be or are required to be given, served, or sent by a party pursuant to this Agreement will be in writing and will be hand delivered (including delivery by courier), mailed by first-class, registered or certified mail, return-receipt requested, postage prepaid, or transmitted by telegram, telex or facsimile transmission, addressed as follows:
If to the Company:
DST Systems, Inc. 
c/o SS&C Technologies Holdings, Inc.
80 Lamberton Road
Windsor, Connecticut 06095 
Attention:  Joseph J. Frank

If to you:
At your address on file with the Company.

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Each party may designate by notice in writing a new address to which any notice, demand, request or communication may thereafter be so given, served or sent.

	
		
	DST Systems, Inc.

	By:
	/s/ Mary E. Sweetman

	Name:   Mary E. Sweetman

	Title:   Senior Vice President and CHRO

YOU HEREBY ACKNOWLEDGE THAT YOU HAVE READ THIS AGREEMENT, THAT YOU FULLY KNOW, UNDERSTAND AND APPRECIATE ITS CONTENTS, AND THAT YOU HEREBY ENTER INTO THIS AGREEMENT VOLUNTARILY AND OF YOUR OWN FREE WILL.
ACCEPTED AND AGREED
	
				
	 

	 
	/s/ Gregg Wm. Givens
	 

	Gregg Wm. Givens
Date: 4-11-18
SS&C Technologies Holdings, Inc. 
(solely for the purposes of enforcing its rights hereunder)

	By:
	/s/ Joseph J. Frank

	Name: Joseph J. Frank   

	Title:   Group General Counsel, CLO & Global Head of M&A

The release and representations contained in Sections ‎18(a), ‎(b), ‎(c) and (d) above are ratified and confirmed with respect to any Claims, acts or omissions through the Effective Date.

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	ACCEPTED AND AGREED:

	Gregg Wm. Givens

	Date:
	 

1

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