Document:

exv10w2

EXHIBIT 10.2

SAPIENT CORPORATION

RESTRICTED STOCK UNITS

AGREEMENT

     In recognition of the important contributions that Alan J. Herrick (the “Employee”) makes to
the success of Sapient Corporation (the “Company” or “Sapient”) and its Affiliates (together with
the Company, the “Company Group”), pursuant to the Sapient Corporation 1998 Stock Incentive Plan
(the “Plan”), the Company hereby grants to the Employee the Restricted Stock Units Award described
below. In the event of conflict or inconsistency between this Agreement and the Letter Agreement
between the Employee and the Company dated July 21, 2007, as amended, which is attached hereto as
Exhibit A and incorporated herein by reference (the “Letter Agreement”), the terms of the
Letter Agreement shall govern. The Notice attached to this Agreement is incorporated herein by
reference.

	1.	 	The Restricted Stock Unit Award. The Company hereby grants to the Employee the number of
restricted stock units (the “Units”) set forth on the Notice, subject to the terms and
conditions of this Agreement, the Letter Agreement and the Plan. The Units constitute the
right to receive, without payment, (i) the number of shares of Common Stock set forth on the
Notice (the “Unit Award”), and (ii) the right to receive, without payment, additional shares
of Common Stock or an amount of cash, as determined by the Company in its sole discretion, on
the same basis as the Unit Award, equal in value to the cash dividends, if any, that would
have been paid on or before the Payment Date with respect to the shares of Common Stock
underlying the Unit Award had such shares of Common Stock been issued to the Employee on the
Grant Date (the “Dividend Equivalent Award”), in each case subject to the terms and conditions
of the Plan and those set forth herein (including, but not limited to, the conditions relating
to vesting, forfeiture and timing of payment set forth herein). An Award shall be paid
hereunder, only to the extent that such Award is Vested, as provided in this Agreement and the
Letter Agreement. The Employee’s rights to the Units are subject to the restrictions
described in the Letter Agreement, this Agreement and the Plan in addition to such other
restrictions, if any, as may be imposed by law.

	2.	 	Definitions. The following definitions will apply for purposes of this Agreement.
Capitalized terms not defined in this Agreement are used as defined in the Plan and the
Notice.

	 	(a)	 	“Agreement” means this Restricted Stock Units Agreement granted by the
Company and agreed to by the Employee.
	 
	 	(b)	 	“Award” means the grant of Units, including both the Unit Award and the
Dividend Equivalent Award, in accordance with this Agreement.
	 
	 	(c)	 	“Common Stock” means common stock of the Company, $.01 par value.

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	 	(d)	 	“Fair Market Value” means the per share closing price of a share of
Sapient Common Stock on the Nasdaq trading day immediately preceding the applicable
Vesting Date.
	 
	 	(e)	 	“Grant Date” means the date designated as the Date of Grant on the
Notice.
	 
	 	(f)	 	“NASDAQ” means the Nasdaq Global Select Stock Market.
	 
	 	(g)	 	“Notice” means the Notice of Restricted Stock Units Award attached to
this Agreement and incorporated herein by reference.
	 
	 	(h)	 	“Payment Date” means, as to Vested Units, the date on which the Award
is settled, which date will in any event be within 30 days of the date on which the
Units become Vested.
	 
	 	(i)	 	“Unit” means a notional unit which is equivalent to a single share of
Common Stock on the Grant Date, subject to Section 4.
	 
	 	(j)	 	“Vested” means that portion of the Award to which the Employee has a
nonforfeitable right under the terms of this Agreement, the Letter Agreement and the
Plan.
	 
	 	(k)	 	“Vesting Dates” means the dates listed in the Vesting Schedule on the
attached Notice.

	3.	 	Vesting.

	 	(a)	 	The Unit Award shall become Vested on the basis of one Unit to one share of
Common Stock only upon the Vesting Dates and the satisfaction of the performance
criteria, if any, as set forth in the Vesting Schedule, and the Dividend Equivalent
Award shall become Vested only upon the vesting of the underlying Unit Award and only
if a cash dividend has actually been declared and issued on the Common Stock on or
after the Grant Date and on or before the Payment Date of the underlying Unit, in each
case except as otherwise provided herein or in the Letter Agreement or determined by
the Company in its sole discretion. Further, except as otherwise provided in the
Letter Agreement, no portion of any Award shall become Vested on the Vesting Date
unless the Employee is then, and since the Grant Date has continuously been, employed
by a member of the Company Group.
	 
	 	(b)	 	In the event that the Employee’s employment terminates prior to a Vesting Date,
the terms of the Letter Agreement will govern.
	 
	 	(c)	 	In the event of a merger or acquisition of the Company, the terms of the Letter
Agreement and any other agreement between the Employee and the Company entered into
after the date hereof for which the Employee is eligible to receive certain
change-in-control benefits, will govern.

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	4.	 	Adjustments Based on Certain Changes in the Common Stock. In the event of any stock split,
reverse stock split, stock dividend, recapitalization or similar change affecting the Common
Stock, the Award shall be equitably adjusted as set forth in the Letter Agreement.

	5.	 	No Voting Rights/Dividends. The Award shall not be interpreted to bestow upon the Employee
any equity interest or ownership in the Company Group prior to the Payment Date. Once the
Unit Award and the Dividend Equivalent Award have become Vested and the shares of Common Stock
underlying those Awards have been delivered, but not until such time and only with respect to
the shares of Common Stock so delivered, the Employee shall have the rights of a stockholder,
including, but not limited to, the right to vote and receive dividends.

	6.	 	Payment of Award. On the Payment Date, the Company shall issue to the Employee (i) that
number of shares of Common Stock as equals that number of Units which have become Vested and
(ii) additional shares of Common Stock or an amount of cash, as determined by the Company,
equal in value to the Dividend Equivalent Award which has become Vested. If the Dividend
Equivalent Award is paid by the issuance of additional shares of Common Stock, the number of shares so issued shall be determined by dividing the cash value of the Dividend Equivalent
Award by the price per share of the Company’s common stock reported by NASDAQ at market close
on the Vesting date of the Units and Dividend Equivalent Award.

	7.	 	Employment Rights. This Agreement shall not create any right of the Employee to continued
employment with the Company or the Company Group or limit the right of the Company Group to
terminate the Employee’s employment at any time and shall not create any right of the Employee
to employment with the Company Group. The Employee acknowledges and represents to the Company
that the Employee has not been induced to receive the Award by expectation of employment or
continued employment. Except to the extent required by applicable law that cannot be waived,
the loss of the Award shall not constitute an element of damages or indemnity in the event of
termination of the Employee’s employment even if the termination is determined to be in
violation of an obligation of the Company Group to the Employee by contract or otherwise.

	8.	 	Unfunded Status. The obligations of the Company Group hereunder shall be contractual only.
The Employee shall rely solely on the unsecured promise of the Company and nothing herein
shall be construed to give the Employee or any other person or persons any right, title,
interest or claim in or to any specific asset, fund, reserve, account or property of any kind
whatsoever owned by the Company Group.

	9.	 	No Assignment. No right or benefit or payment under the Plan shall be subject to assignment
or other transfer nor shall it be liable or subject in any manner to attachment, garnishment
or execution.

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	10.	 	Withholding. The Company’s obligation to deliver to the Employee shares of Common Stock
under an Award shall be subject to the satisfaction of all applicable federal, state and local
income and employment tax withholding requirements as determined by the Company Group
(“Withholding Taxes”). To satisfy any Withholding Taxes due upon the vesting of the
Employee’s Award, the Company shall withhold shares of Common stock that would otherwise be
delivered to the Employee, provided that such withholding shall be limited to the minimum
required applicable tax withholding and, provided further, that the Employee may elect
instead, by written notice to the Company at least 30 days prior to the Payment Date, to
satisfy the Withholding Taxes by doing one of the following (each, an “Election”):

	 	(a)	 	paying the Company the Withholding Taxes (which may be accomplished through
payroll withholding);
	 
	 	(b)	 	delivering to the Company other shares of Common Stock owned by the Employee
prior to such date having a Fair Market Value not less than the Withholding Taxes due,
which either have been owned by the Employee for more than six (6) months or were not
acquired, directly or indirectly, from the Company; or
	 
	 	(c)	 	making a payment to the Company consisting of a combination of cash and such shares of Common Stock.

	 	 	For purposes of satisfying Withholding Taxes pursuant to this Section 10, and in the event
that the Employee does not make an Election, the Employee hereby agrees to the terms of the
Irrevocable Standing Order to Sell Shares (the “Standing Order”), attached as Exhibit
A and to the following:

	 	(1)	 	The Employee authorizes the Company’s agent to sell, at the market
price and on each Vesting Date (or the first NASDAQ trading day thereafter if a
Vesting Date is a day in which NASDAQ is closed), the number of Vested shares
that, per the Company’s instructions to its agent, is necessary to obtain
proceeds sufficient to satisfy the Withholding Taxes. The Employee understands
and agrees that the number of shares that such agent will sell will be based on
the closing price of the Common Stock on the NASDAQ trading day immediately
preceding the Vesting Date.
	 
	 	(2)	 	The Employee agrees that the proceeds received from the sale of
Vested shares pursuant to this Section 10 will be used to satisfy the Withholding
Taxes and, accordingly, the Employee hereby authorizes the Company’s agent to pay
such proceeds to the Company for such purpose. The Employee understands that to
the extent that the proceeds obtained by such sale exceed the amount necessary to
satisfy the Withholding Taxes, such excess proceeds shall be deposited into the
Employee’s stock brokerage account with E*TRADE Financial or such other third
party brokerage under which the Employee maintains a brokerage account (the
“Account”). The Employee further understands that any remaining Vested shares
shall be deposited into the Account.
	 
	 	(3)	 	The Employee acknowledges and agrees that, in the event that a
market in the Common Stock does not exist, the Employee shall pay to the Company

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	 	 	 	amounts sufficient to pay the Withholding Taxes and, to the extent that such
payment is not made, the Company shall have the right to make other
arrangements to satisfy the Withholding Taxes due upon the vesting of the
Employee’s Shares.

	11.	 	Amendment or Termination. This Agreement may be amended by mutual written agreement of the
parties.

	12.	 	Governing Law. This Agreement shall be governed by, and construed in accordance with, the
laws of the Commonwealth of Massachusetts.

	13.	 	Section 409A Exemption. The Award is intended to be exempt from the requirements of Section
409A of the Internal Revenue Code of 1986, as amended from time to time, and guidance issued
thereunder and shall be construed and administered accordingly. Notwithstanding the above,
neither the Company, nor any subsidiary, nor the Committee, nor any person acting on behalf of
the Company, any subsidiary, or the Committee, shall be liable to the Employee or to the
estate or beneficiary of the Employee by reason of any acceleration of income, or any
additional tax, asserted by reason of the failure of this Agreement or any payment hereunder
to satisfy the requirements of Section 409A of the Code.

	 	 	  IN WITNESS WHEREOF, Sapient Corporation has executed this Restricted Stock Units Agreement as
of the first day of April, 2010.

	 	 	 	 	 	 	 

	 

	 	SAPIENT CORPORATION	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Darius W. Gaskins, Jr.
 

Darius W. Gaskins, Jr., Chairman
	 	 
	 

	 	 	 	Board of Directors	 	 

	 	 	 	 	 	 	 

	 

	 	Agreed:
	 	/s/ Alan J. Herrick
 

Alan J. Herrick
	 	 

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Exhibit A

Letter Agreement*

     *Incorporated herein by reference to the Company’s Form 10-Q for the period ended September 30,
2007 and Form 10-Q for the period ended June 30, 2009 (File No. 000-28074).

A-1

 

Exhibit B

IRREVOCABLE STANDING ORDER TO SELL SHARES

I have received from the Company on a voluntary basis the right to acquire shares of Sapient common
stock (the “Shares”) pursuant to the attached Restricted Stock Units Agreement between Sapient and
me.

I understand that I must maintain a securities brokerage account with E*TRADE Financial or such
other third party brokerage (each of E*TRADE Financial or such other third party brokerage is
herein defined as the “Broker”) to participate in the stock unit plan described in detail in the
Restricted Stock Units Agreement, and Sapient has informed me about this requirement as well as the
requirements for the opening of such a securities brokerage account so that the vested Shares can
be deposited into account. Furthermore, I understand that on each vesting date, the vested Shares
will be deposited into my stock brokerage account with the broker and that I will incur taxable
ordinary employment income (“Taxable Income”) upon my receipt of the vested Shares. Per the terms
of the Agreement, and if so directed by Sapient, I understand and agree to do the following as a
condition of my receipt of vested Shares:

	 	 	Upon each vesting date, I must sell a number of Shares that is sufficient to
satisfy all withholding taxes, as determined by Sapient or my Sapient-affiliated
employer, which are applicable to my Taxable Income (the “Withholding Taxes”).
Accordingly, I HEREBY DIRECT THE BROKER TO SELL, ON EACH VESTING DATE LISTED ABOVE
(OR THE FIRST NASDAQ TRADING DAY THEREAFTER IF A VESTING DATE IS A DAY ON WHICH
NASDAQ IS CLOSED), THAT NUMBER OF SHARES THAT, PER SAPIENT’S INSTRUCTIONS TO THE
AGENT, IS SUFFICIENT TO OBTAIN SALE PROCEEDS SUFFICIENT TO SATISFY THE WITHHOLDING
TAXES. THE PER SHARE SALES PRICE SHALL BE CALCULATED BASED ON THE CLOSING PRICE
OF A SHARE OF SAPIENT COMMON STOCK ON THE NASDAQ TRADING DAY IMMEDIATELY PRECEDING
THE APPLICABLE VESTING DATE.

I understand that the Broker will remit the proceeds of the foregoing sale promptly to Sapient for
payment by Sapient or my Sapient-affiliated employer of the Withholding Taxes, and I authorize and
direct the Broker to pay such proceeds to Sapient for this purpose.

I acknowledge that I have not been induced to participate in any trade in return for or as an
expectation of employment or continued employment. I understand and agree that by signing below, I
am making an Irrevocable Standing Order to Sell Shares that will remain in effect until such time
as I have received all Shares to which I am entitled under this Agreement. I also agree that this
Irrevocable Standing Order to Sell Shares is in addition and subject to the terms and conditions of
any existing Account Agreement that I have with the Broker.

B-1exv10w3

EXHIBIT 10.3

SAPIENT CORPORATION

RESTRICTED STOCK UNITS

AGREEMENT

     In recognition of the important contributions that the employee whose name appears on the
Notice attached to this Agreement (the “Employee”) makes to the success of Sapient Corporation (the
“Company” or “Sapient”) and its Affiliates (together with the Company, the “Company Group”),
pursuant to the Sapient Corporation 1998 Stock Incentive Plan (the “Plan”), the Company hereby
grants to the Employee the Restricted Stock Units Award described below. The Notice attached to
this Agreement is incorporated herein by reference.

	1.	 	The Restricted Stock Unit Award. The Company hereby grants to the Employee the number of
restricted stock units (the “Units”) set forth on the Notice, subject to the terms and
conditions of this Agreement and the Plan. The Units constitute the right to receive, without
payment, (i) the number of shares of Common Stock set forth on the Notice (the “Unit Award”),
and (ii) the right to receive, without payment, additional shares of Common Stock or an amount
of cash, as determined by the Company in its sole discretion, on the same basis as the Unit
Award, equal in value to the cash dividends, if any, that would have been paid on or before
the Payment Date with respect to the shares of Common Stock underlying the Unit Award had such
shares of Common Stock been issued to the Employee on the Grant Date (the “Dividend Equivalent
Award”), in each case subject to the terms and conditions of the Plan and those set forth
herein (including, but not limited to, the conditions relating to vesting, forfeiture and
timing of payment set forth herein). An Award shall be paid hereunder only to the extent that
such Award is Vested, as provided in this Agreement. The Employee’s rights to the Units are
subject to the restrictions described in this Agreement and the Plan in addition to such other
restrictions, if any, as may be imposed by law.
	 
	2.	 	Definitions. The following definitions will apply for purposes of this Agreement.
Capitalized terms not defined in this Agreement are used as defined in the Plan and the
Notice.

	 	(a)	 	“Agreement” means this Restricted Stock Units Agreement granted by the
Company and agreed to by the Employee.
	 
	 	(b)	 	“Award” means the grant of Units, including both the Unit Award and any
Dividend Equivalent Award, in accordance with this Agreement.
	 
	 	(c)	 	“Common Stock” means common stock of the Company, $.01 par value.
	 
	 	(d)	 	“Fair Market Value” means the per share closing price of a share of
Sapient Common Stock on the Nasdaq trading day immediately preceding the applicable
Vesting Date.
	 
	 	(e)	 	“Grant Date” means the date designated as the Date of Grant on the
Notice.
	 
	 	(f)	 	“NASDAQ” means the Nasdaq Global Select Stock Market.

 

 

	 	(g)	 	“Notice” means the Notice of Restricted Stock Units Award attached to
this Agreement and incorporated herein by reference.
	 
	 	(h)	 	“Payment Date” means, as to Vested Units, the date on which the Award
is settled, which date will in any event be within 30 days of the date on which the
Units become Vested.
	 
	 	(i)	 	“Unit” means a notional unit which is equivalent to a single share of
Common Stock on the Grant Date, subject to Section 4.
	 
	 	(j)	 	“Vested” means that portion of the Award to which the Employee has a
nonforfeitable right under the terms of this Agreement and the Plan.
	 
	 	(k)	 	“Vesting Dates” means the dates listed in the Vesting Schedule on the
attached Notice.

	3.	 	Vesting.

	 	(a)	 	The Unit Award shall become Vested on the basis of one Unit to one share of
Common Stock only upon the Vesting Dates and the satisfaction of the performance
criteria, if any, as set forth in the Vesting Schedule, and the Dividend Equivalent
Award shall become Vested only upon the vesting of the underlying Unit Award and only
if a cash dividend has actually been declared and issued on the Common Stock on or
after the Grant Date and on or before the Payment Date of the underlying Unit, in each
case except as otherwise provided herein or determined by the Company in its sole
discretion. No portion of any Award shall become Vested on the Vesting Date unless the
Employee is then, and since the Grant Date has continuously been, employed by a member
of the Company Group.
	 
	 	(b)	 	In the event that the Employee takes a leave of absence from his or her
employment prior to a Vesting Date, the Company Group has the discretion to suspend
vesting during such leave of absence as provided for in the Corporation’s leave policy,
to the extent permitted by applicable law. Upon the Employee’s return to active work,
vesting will resume; however, unless otherwise provided in the Company’s leave policy,
or otherwise required by applicable law, the Employee will not receive credit for any
vesting during the leave of absence period.
	 
	 	(c)	 	In the event that the Employee’s employment terminates prior to a Vesting Date
for any reason, including without limitation (1) death, (2) disability, or (3)
termination by the Company or the Company Group, or (4) other termination of
employment, any portion of the Award that has not then become Vested will be forfeited
automatically.
	 
	 	(d)	 	In the event of a merger or acquisition of the Company in which the Company is
not the surviving entity, or a sale of substantially all of the Company’s assets, the
Company may, in its sole discretion, accelerate the Vesting of all or any portion of
any Award, unless the surviving entity agrees to assume or provide substituted awards
in respect of the portion of the Awards that have not yet become Vested.

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	4.	 	Adjustments Based on Certain Changes in the Common Stock. In the event of any stock split,
reverse stock split, stock dividend, recapitalization or similar change affecting the Common
Stock, the Award shall be equitably adjusted.
	 
	5.	 	No Voting Rights/Dividends. The Award shall not be interpreted to bestow upon the Employee
any equity interest or ownership in the Company Group prior to the Payment Date. Once the
Unit Award and the Dividend Equivalent Award have become Vested and the shares of Common Stock
underlying those Awards have been delivered, but not until such time and only with respect to
the shares of Common Stock so delivered, the Employee shall have the rights of a stockholder,
including, but not limited to, the right to vote and receive dividends.
	 
	6.	 	Payment of Award. On the Payment Date, the Company shall issue to the Employee (i) that
number of shares of Common Stock as equals that number of shares underlying the Unit Award
which have become Vested and (ii) additional shares of Common Stock or an amount of cash, as
determined by the Company, equal in value to the Dividend Equivalent Award which has become
Vested. If the Dividend Equivalent Award is paid by the issuance of additional shares of
Common Stock, the number of shares so issued shall be determined by dividing the cash value of
the Dividend Equivalent Award by the price per share of the Company’s common stock reported by
NASDAQ at market close on the record date established by the Company’s Board of Directors for
determining the Company’s stockholders of record entitled to receive the cash dividend to
which the Dividend Equivalent Award relates.
	 
	7.	 	Employment Rights. This Agreement shall not create any right of the Employee to continued
employment with the Company or the Company Group or limit the right of the Company Group to
terminate the Employee’s employment at any time and shall not create any right of the Employee
to employment with the Company Group. The Employee acknowledges and represents to the Company
that the Employee has not been induced to receive the Award by expectation of employment or
continued employment. Except to the extent required by applicable law that cannot be waived,
the loss of the Award shall not constitute an element of damages or indemnity in the event of
termination of the Employee’s employment even if the termination is determined to be in
violation of an obligation of the Company Group to the Employee by contract or otherwise.
	 
	8.	 	Unfunded Status. The obligations of the Company Group hereunder shall be contractual only.
The Employee shall rely solely on the unsecured promise of the Company and nothing herein
shall be construed to give the Employee or any other person or persons any right, title,
interest or claim in or to any specific asset, fund, reserve, account or property of any kind
whatsoever owned by the Company Group.
	 
	9.	 	No Assignment. No right or benefit or payment under the Plan shall be subject to assignment
or other transfer nor shall it be liable or subject in any manner to attachment, garnishment
or execution.

-3-

 

	10.	 	Withholding. The Company’s obligation to deliver to the Employee shares of Common Stock
under an Award shall be subject to the satisfaction of all applicable federal, state and local
income and employment tax withholding requirements as determined by the Company Group
(“Withholding Taxes”). To satisfy any Withholding Taxes due upon the vesting of the
Employee’s Award, the Company shall withhold shares of Common stock that would otherwise be
delivered to the Employee, provided that such withholding shall be limited to the minimum
required applicable tax withholding and, provided further, that the Employee may elect
instead, by written notice to the Company at least 30 days prior to the Vest Date, to satisfy
the Withholding Taxes by doing one of the following (each, an “Election”):

	 	(a)	 	paying the Company the Withholding Taxes in cash (via check or wire transfer);
or
	 
	 	(b)	 	delivering to the Company other shares of Common Stock owned by the Employee
prior to such date having a Fair Market Value not less than the Withholding Taxes due,
which either have been owned by the Employee for more than six (6) months or were not
acquired, directly or indirectly, from the Company.

	 	 	For purposes of satisfying Withholding Taxes pursuant to this Section 10, and in the event
that the Employee does not make an Election, the Employee hereby agrees to the terms of the
Irrevocable Standing Order to Sell Shares (the “Standing Order”), attached as Exhibit
A and to the following:

	 	(1)	 	The Employee authorizes the Company’s agent to sell, at the market
price and on each Vesting Date (or the first NASDAQ trading day thereafter if a
Vesting Date is a day in which NASDAQ is closed), the number of Vested shares
that, per the Company’s instructions to its agent, is necessary to obtain
proceeds sufficient to satisfy the Withholding Taxes. The Employee understands
and agrees that the number of shares that such agent will sell will be based on
the closing price of the Common Stock on the NASDAQ trading day immediately
preceding the Vesting Date.
	 
	 	(2)	 	The Employee agrees that the proceeds received from the sale of
Vested shares pursuant to this Section 10 will be used to satisfy the Withholding
Taxes and, accordingly, the Employee hereby authorizes the Company’s agent to pay
such proceeds to the Company for such purpose. The Employee understands that to
the extent that the proceeds obtained by such sale exceed the amount necessary to
satisfy the Withholding Taxes, such excess proceeds shall be deposited into the
Employee’s stock brokerage account with E*TRADE Financial or such other third
party brokerage under which the Employee maintains a brokerage account (the
“Account”). The Employee further understands that any remaining Vested shares
shall be deposited into the Account.
	 
	 	(3)	 	The Employee acknowledges and agrees that, in the event that a
market in the Common Stock does not exist, the Employee shall pay to the Company
amounts sufficient to pay the Withholding Taxes and, to the extent that such
payment is not made, the Company shall have the right to make other

-4-

 

	 	 	 	arrangements to satisfy the Withholding Taxes due upon the vesting of the
Employee’s Shares.

	11.	 	Amendment or Termination. This Agreement may be amended by mutual written agreement of the
parties.
	 
	12.	 	Governing Law. This Agreement shall be governed by, and construed in accordance with, the
laws of the Commonwealth of Massachusetts.
	 
	13.	 	Section 409A Exemption. The Award is intended to be exempt from the requirements of Section
409A of the Internal Revenue Code of 1986, as amended from time to time, and guidance issued
thereunder and shall be construed and administered accordingly. Notwithstanding the above,
neither the Company, nor any subsidiary, nor the Committee, nor any person acting on behalf of
the Company, any subsidiary, or the Committee, shall be liable to the Employee or to the
estate or beneficiary of the Employee by reason of any acceleration of income, or any
additional tax, asserted by reason of the failure of this Agreement or any payment hereunder
to satisfy the requirements of Section 409A of the Code.

          IN WITNESS WHEREOF, Sapient Corporation has executed this Restricted Stock Units Agreement as
of the       day of                     , 20      .

	 	 	 	 	 
	 	SAPIENT CORPORATION

 	 
	 	By:  	/s/ Alan J. Herrick
 	 
	 	 	Alan J. Herrick 	 
	 	 	Chief Executive Officer 	 
	 

-5-

 

Exhibit A

IRREVOCABLE STANDING ORDER TO SELL SHARES

I have received from the Company on a voluntary basis the right to acquire shares of Sapient common
stock (the “Shares”) pursuant to the attached Restricted Stock Units Agreement between Sapient and
me.

I understand that I must maintain a securities brokerage account with E*TRADE Financial or such
other third party brokerage (each of E*TRADE Financial or such other third party brokerage is
herein defined as the “Broker”) to participate in the stock unit plan described in detail in the
Restricted Stock Units Agreement, and Sapient has informed me about this requirement as well as the
requirements for the opening of such a securities brokerage account so that the vested Shares can
be deposited into account. Furthermore, I understand that on each vesting date, the vested Shares
will be deposited into my stock brokerage account with the broker and that I will incur taxable
ordinary employment income (“Taxable Income”) upon my receipt of the vested Shares. Per the terms
of the Agreement, and if so directed by Sapient, I understand and agree to do the following as a
condition of my receipt of vested Shares:

Upon each vesting date, I must sell a number of Shares that is sufficient to
satisfy all withholding taxes, as determined by Sapient or my Sapient-affiliated
employer, which are applicable to my Taxable Income (the “Withholding Taxes”).
Accordingly, I HEREBY DIRECT THE BROKER TO SELL, ON EACH VESTING DATE LISTED ABOVE
(OR THE FIRST NASDAQ TRADING DAY THEREAFTER IF A VESTING DATE IS A DAY ON WHICH
NASDAQ IS CLOSED), THAT NUMBER OF SHARES THAT, PER SAPIENT’S INSTRUCTIONS TO THE
AGENT, IS SUFFICIENT TO OBTAIN SALE PROCEEDS SUFFICIENT TO SATISFY THE WITHHOLDING
TAXES. THE PER SHARE SALES PRICE SHALL BE CALCULATED BASED ON THE CLOSING PRICE
OF A SHARE OF SAPIENT COMMON STOCK ON THE NASDAQ TRADING DAY IMMEDIATELY PRECEDING
THE APPLICABLE VESTING DATE.

I understand that the Broker will remit the proceeds of the foregoing sale promptly to Sapient for
payment by Sapient or my Sapient-affiliated employer of the Withholding Taxes, and I authorize and
direct the Broker to pay such proceeds to Sapient for this purpose.

I acknowledge that I have not been induced to participate in any trade in return for or as an
expectation of employment or continued employment. I understand and agree that by signing below, I
am making an Irrevocable Standing Order to Sell Shares that will remain in effect until such time
as I have received all Shares to which I am entitled under this Agreement. I also agree that this
Irrevocable Standing Order to Sell Shares is in addition and subject to the terms and conditions of
any existing Account Agreement that I have with the Broker.

 A-1

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