Document:

Prepared by R.R. Donnelley Financial -- Form of Incentive Stock Option Plan

 Exhibit 4.27 
 GAMES TRADER INC.

 INCENTIVE STOCK OPTION PLAN 
  
 OPTION AGREEMENT 
  
 THIS OPTION AGREEMENT (this “Agreement”) made as of the
             day of                      ,
19        . Unless otherwise defined herein, the terms defined in the Amended and Restated Incentive Stock Option Plan approved by the Board of Directors of Games Trader Inc. on June 23, 1999, as from
time to time amended or supplemented (the “Plan”) shall have the same defined meanings in this Agreement. 
  
 BETWEEN:

  
 GAMES TRADER INC., a Corporation duly incorporated under the laws of Canada, 
  
 (hereinafter called the “Corporation”) 
  
 OF THE FIRST PART 
  
 AND: 
  
                          (name of director, officer, employee of the Corporation or any other person
providing ongoing management or consulting services to the Corporation), of the city of
                                , in the Province/State of
                                . 
  
 (hereinafter called the “Optionee”) 
  
 OF THE SECOND PART 
  
 THIS AGREEMENT WITNESSETH that
in consideration of the sum of One Dollar ($1.00) now paid by the Optionee to the Corporation and consideration for services received by the Corporation, the receipt and sufficiency of which is hereby acknowledged, and of the mutual convents
hereinafter contained, the parties hereto agree as follows: 
  
 1.  The Corporation, upon
recommendation from the board of directors, hereby grants to the Optionee an irrevocable option (hereinafter called the “Option”) to purchase
                 common shares from the unissued and authorized capital of the Corporation as evidenced by option certificate no.
                 (the “Option Certificate”, attached hereto as Schedule “A”), all of which common shares may be purchased by the exercise of
the Option, pursuant to the execution of an exercise notice (the “Exercise Notice”, attached hereto as Schedule “B”), as follows (hereinafter called the “Optioned Shares): 

 
	 As to this Number of
 Optioned
Shares
 
	  	 Options Exercisable After
 

	  	  	         ,19    
 
	  	  	         ,19    
 
	  	  	         ,19    
 

 
  
 at the purchase price of $     (the
“Exercise Price”) per common share of the Corporation (which price shall not be less than the closing price as determined pursuant to section 3.7 of Article III of the Plan payable prior to 4:30 p.m. (Toronto time)
        ,      (maximum of five years from the date of this Agreement, hereinafter called the “Expiry Date”) in accordance with the terms of the Plan and this Agreement. On the
Expiry Date the Option shall forthwith expire and terminate and be of no further force or effect whatsoever as to such of the Optioned Shares in respect of which the Option hereby granted has not then been exercised. 
  
 2.  In the event of the death of the Optionee, the legal personal representative of the Optionee may exercise
the Option in respect of any or all of the remaining Optioned Shares, that could have been exercised at the date of death of the Optionee, within ninety (90) days following the death of the Optionee. 
  
 3.  The Corporation shall have the power, in the event of any disposition of substantially all of the assets of
the Corporation, on the dissolution, merger, amalgamation or consolidation of the Corporation, with or into any other corporation, or the merger, amalgamation or consolidation of any other corporation into the Corporation to amend this Agreement to
permit the exercise of any or all of the remaining Optioned Share prior to the completion of any such transaction. If the Corporation shall exercise such power, the Option shall be deemed to have been amended and permit the exercise thereof in whole
or in part by the Optionee at any time or from time to time as determined by the Corporation prior to the completion of such transaction. 
  
 4.  The Corporation shall have the power, in the event of any change in control of the Corporation to amend this Agreement to permit the exercise of any or all of the remaining Optioned
Shares as determined pursuant to section 7.1 of Article VII of the Plan. 
  
 5.  In the
event of the termination of Optionee’s services to or position with the Corporation prior to the Expiry Date, the Option shall, upon the day which is ninety (90) days following the termination or cessation of services or position, cease and
terminate and be of no further force or effect whatsoever as to such of the Optioned Shares which could have been exercised at the date of termination of services or position, in respect of which the Option has not previously been exercised.

 

 2 

 6.  (a) Subject to the foregoing provisions, the Option shall be exercisable at any time and
from time to time as aforesaid by the Optionee giving an Exercise Notice to the Corporation in writing specifying therein the number of Optioned Shares in respect of which the Option is being exercised, accompanied by payment in cash, certified
cheque, bankers’ draft or telegraphic transfer of funds payable to the order of the Corporation, at par in Brampton, Ontario in full payment of the purchase price for such number of Optioned Shares so specified therein; and 

 
 (b)  Upon any exercise of the Option as aforesaid, the Corporation shall forthwith cause the Transfer
Agent and Registrar of the Corporation to deliver to the Optionee, or the Optionee’s legal personal representative or as they may otherwise in writing direct in the Exercise Notice, within fourteen (14) days following the receipt by the
Corporation of payment for the Optioned Shares, a certificate or certificates representing in the aggregate such number of Optioned Shares as the Optionee or the Optionee’s legal personal representative shall have then paid for. 

 
 7.  Nothing herein contained or done pursuant hereto shall obligate the Optionee to purchase and pay
for any Optioned Shares except those Optioned Shares in respect of which the Optionee shall have exercised the Option in the manner herein provided and described in subsection 6(a) hereof. 
  
 8.  In the event of: 
  
 (a)  any subdivision, redivision or change of the common shares of the Corporation at any time prior to the Expiry Date into a greater number of common shares, the Corporation shall deliver,
at the time of any exercise thereafter of the Option, such additional number of share as would have resulted from such subdivision, redivision or change if the exercise of the Option had been made prior to the date of such subdivision, redivision or
change; 
  
 (b) any consolidation or change of the common shares of the Corporation at any time prior
to the Expiry Date into a lesser number of common shares, the number of shares deliverable by the Corporation on any exercise thereafter of the Option shall be reduced to such number of shares as would have resulted from such consolidation or change
if the exercise of the Option had been made prior to the date of such consolidation or change; 
  
 (c)  any reclassification of the common shares of the Corporation at any time outstanding or change of the common shares into other shares and/or other securities or properties, or in case of the
consolidation, amalgamation or merger of the Corporation with or into any other corporation (other than a consolidation, amalgamation or merger which does not result in a reclassification of the outstanding common shares or a change of the
common shares into other shares), or in case of any transfer of the undertaking or assets of the Corporation as an 
 

 3 

 entirety or substantially as an entirety to another Corporation at any time prior to the Expiry Date, the Purchaser shall
be entitled to receive, and shall accept, in lieu of the number of common shares to which he was theretofore entitled upon exercise of the Option, the kind and amount of shares and other securities or property which such holder would have been
entitled to receive as a result of such reclassification, change, consolidation, amalgamation, merger or transfer if, on the effective date thereof, he had been the holder of the number of common shares to which he was entitled upon the exercise of
the Option. 
  
 9.  The Optionee shall have no rights whatsoever as a shareholder in
respect of any of the Optioned Shares, including any right to receive dividends or other distributions therefrom or thereon, other than in respect to Optioned Shares in respect of which the Optionee shall have exercised the Option to purchase
hereunder and which the Optionee shall have actually taken upon and paid for. 
  
 10.  Any
notice required or permitted to be given hereunder shall be in writing and shall be sufficiently given if delivered or given by registered mail, postage prepaid, addressed, if to the Optionee at 
  

	 Street:
 	  	                                      
                         
 
	 City:
 	  	                                      
                         
 
	 Prov/State:
 	  	                                      
                         
 
	 Phone:
 	  	                                      
                         
 
	 Fax:
 	  	                                      
                         
 

 
  
 and if to the Corporation: 
  
 
	 8 Kenview Blvd.
 Brampton, Ontario
 L6T 5E4
 
	 
	 Attention: Peter Kozicz, President and Chief Executive Officer
 
	 
	 Phone: (905) 799-4700
 Fax: (905) 799-4799
 

 
  
 Any such notice delivered shall be deemed to be received on the
date of delivery or, given by mailing as aforesaid shall be deemed to have been given on the fifth business day after the date of such mailing. Any such address for the giving of notices hereunder may be changed by notice in writing
given hereunder. 
  
 11.  Time shall be of the essence of this Agreement 

 4 

  
 12.  The language used in this Agreement shall be
deemed to be the language chosen by the parties to this Agreement to express their mutual intent and no rule of strict construction will applied against any such party. 
  
 13.  This Agreement may be executed in counterparts, each of which shall constitute an original and all of which taken together shall constitute
one and the same instrument. 
  
 14.  This Agreement shall be governed and construed in
accordance with the laws of the Province of Ontario and the applicable laws of Canada. 
  
 15.  This Agreement constitutes the entire agreement among the parties hereto relating to the subject matter hereof and supersedes all prior agreements and undertakings, oral or written, between the parties hereto with
respect to the subject matter hereof. 
  
 16.  This Agreement shall enure to the benefit of
and be binding upon the Corporation, its successors and assigns, and the Optionee and the Optionee’s legal personal representative. This Agreement shall not be assignable or transferable by the Optionee or by the Optionee’s legal personal
representative. 
  
 17.  The parties to this Agreement agree that irreparable damage would
occur in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached. It is accordingly agreed that the parties hereto shall be entitled to an injunction or injunctions
to prevent breaches of this Agreement and to enforce specifically the terms and provisions hereof, this being in addition to any other remedy to which they are entitled at law or in equity. 
  
 18.  In the event of any dispute, conflict or discrepancy involving any matter in respect of this Agreement, the Option Certificate, the Exercise
Notice and/or the Plan, the Plan and the records of the Corporation shall prevail. 
  
 19.  This Agreement may be signed by facsimile communication. 
  
 IN WITNESS WHEREOF
this Agreement has been executed by the parties hereto as of the day and year first above written. 
  
 
	 GAMES TRADER INC. 
 
	 
	 Per:
 	 	 

	  	 	 Peter Kozicz
 President and
Chief Executive Officer
 

 
 

 5 

  
  
 
	  	 	  	 	 OPTIONEE:
 
	 
	 
	 	  	 	 

	 WITNESS
 	 	  	 	 Name:
 

 
 

 6Exhibit 10.2

                                            AMENDMENT dated as of March 28, 2002
                                            (this "Amendment") to the Credit
                                            Agreement dated as of March 29,
                                            2001, (as amended, restated,
                                            modified or otherwise supplemented,
                                            from time to time, the "Credit
                                            Agreement") by and among THE HAIN
                                            CELESTIAL GROUP, INC., a Delaware
                                            corporation (the "Company"), FLEET
                                            NATIONAL BANK, a national banking
                                            association, as Administrative Agent
                                            and as a Lender, SUNTRUST BANK, a
                                            Georgia banking corporation, as
                                            Syndication Agent and as a Lender,
                                            HSBC BANK USA, a New York banking
                                            corporation, as Documentation Agent
                                            and as a Lender, and the other
                                            Lenders party thereto.

     WHEREAS, the Company has requested and the Administrative Agent and the
Lenders have agreed, subject to the terms and conditions of this Amendment, to
extend the Revolving Credit Facility B Commitment Termination Date as set forth
herein;

     NOW, THEREFORE, in consideration of the premises and of the mutual
agreements herein contained, the parties hereto agree as follows:

1.       Amendments.

     (a) The definition of Revolving Credit Facility B Commitment Termination
Date in Section 1.01 of the Credit Agreement is hereby amended and restated in
its entirety to provide as follows:

     " `Revolving Credit Facility B Commitment Termination Date' shall mean
March 27, 2003."

         (b) Section 1.01 of the Credit Agreement is hereby amended to add the
following definitions in alphabetical order each of which shall be and read in
their entirety as follows:

                  " `Revolving Credit Facility A Commitment Proportion' shall
                  mean, with respect to each Lender at the time of
                  determination, the ratio, expressed as a percentage (a) which
                  such Lender's Revolving Credit Facility A Commitment bears to
                  the Total Revolving Credit Facility A Commitment, or (b) if
                  the Revolving Credit Facility A Commitments have expired or
                  have been terminated, which such Lender's Revolving Credit
                  Facility A Loans bear to the principal balance of the
                  Revolving Credit Facility A Loans then outstanding."

                  " `Revolving Credit Facility B Commitment Proportion' shall
                  mean, with respect to each Lender at the time of
                  determination, the ratio, expressed as a percentage (a) which
                  such Lender's Revolving Credit Facility B Commitment bears to
                  the Total Revolving Credit Facility B Commitment, or (b) if
                  the Revolving Credit Facility B Commitments have expired or
                  have been terminated, which such Lender's Revolving Credit
                  Facility B Loans bear to the principal balance of the
                  Revolving Credit Facility B Loans then outstanding."

<PAGE>

     (c) Section  2.03(a) of the Credit  Agreement is hereby amended by deleting
the phrase  "Commitment  Proportions"  in line 5 thereof  and  substituting  the
following in its place: "Revolving Credit Facility A Commitment Proportions".

         (d) Section 2.03(b) of the Credit Agreement is hereby amended by
deleting each reference to the phrase "Commitment Proportion" in the fifth
sentence thereof and substituting the following in each circumstance in its
place: "Revolving Credit Facility A Commitment Proportion".

         (e) Section 2.03(d) of the Credit Agreement is hereby amended by (i)
deleting the phrase "Commitment Proportions" in line 4 thereof and substituting
the following in its place: "Revolving Credit Facility A Commitment
Proportions", and (ii) adding the phrase ", in accordance with its Revolving
Credit Facility A Commitment Proportions," immediately following the words "pro
rata share" in line 5 thereof.

         (f) Section 2.04(c) of the Credit Agreement is hereby amended by
deleting the phrase "Commitment Proportion" in line 15 and line 17 thereof and
substituting the following in each circumstance in its place: "Revolving Credit
Facility A Commitment Proportion".

         (g) Section 3.04(a) of the Credit Agreement is hereby amended by adding
the phrase ", in accordance with such Lender's Commitment Proportion,"
immediately following the words "each Lender" in line 2 thereof.

         (h) Section 3.04(b) of the Credit Agreement is hereby amended by adding
the phrase ", determined in accordance with such Lender's Revolving Credit
Facility A Commitment Proportion," immediately following the words "the Lenders"
in line 2 thereof.

         (i) Section 3.04(c) of the Credit Agreement is hereby amended by adding
the phrase "determined in accordance with such Lender's Revolving Credit
Facility A Commitment Proportion," immediately following the words "each
Lender," in line 2 thereof.

         (j) Section 3.11(a) of the Credit Agreement is hereby amended by
deleting the phrase "reimbursements by the Company to the Issuing Lender with
respect to drawings under Letters of Credit pursuant to Section 2.03 hereof,"
beginning in line 5 thereof.

     (k) Section 3.12(b) of the Credit  Agreement is hereby amended and restated
in its entirety to read as follows:

                  "(b) Unless the Administrative Agent shall have been notified
         in writing by any Lender prior to a proposed Borrowing Date that such
         Lender is affected by the events or circumstances described in Sections
         3.05, 3.06, 3.07 or 3.10 and that such Lender will not make the amount
         which would constitute its Revolving Credit Facility A Commitment
         Proportion or Revolving Credit Facility B Commitment Proportion of the
         borrowing, as applicable, on such Borrowing Date available to the
         Administrative Agent, the Administrative Agent may assume that such
         Lender has made such amount available to the Administrative Agent on
         such Borrowing Date, and the Administrative Agent may, in reliance upon
         such assumption, make available to the Company a corresponding amount.
         If such amount is not made available to the Administrative Agent until
         a date after such Borrowing Date, such Lender shall pay to the
         Administrative Agent on demand interest on such Lender's Revolving
         Credit Facility A Commitment Proportion or Revolving Credit Facility B
         Commitment Proportion, as applicable, of such borrowing at a rate equal
         to the greater of (i) the daily average Federal Funds Rate and (ii) a
         rate determined by the Administrative Agent in accordance with banking
         industry rules on interbank compensation during such period, from and
         including such Borrowing Date to the date on which such Lender's
         Revolving Credit Facility A Commitment Proportion or Revolving Credit
         Facility B Commitment Proportion, as applicable, of such borrowing
         shall have become immediately available to the Administrative Agent. A
         certificate of the Administrative Agent submitted to any Lender with
         respect to any amounts due pursuant to this Section 3.12(b) shall be
         conclusive absent demonstrable error. Nothing herein shall be deemed to
         relieve any Lender from its obligations to fulfill its commitment
         hereunder or to prejudice any right which the Company may have against
         any Lender as a result of any default by such Lender hereunder."

         (l) Section 9.09 of the Credit Agreement is hereby amended by (i)
adding the parenthetical "(based upon such Lender's Commitment Proportion)"
immediately following the words "pro rata share" in line 6 thereof, and (ii)
adding the parenthetical "(based upon such Lender's Commitment Proportion)"
immediately following the words "pro rata" in line 10 thereof.

         (m) Section 10.05(c) of the Credit Agreement is hereby amended by
adding the phrase "except as otherwise agreed to by the Administrative Agent,"
at the beginning of subsection (ii) in the last sentence thereof.

         (n) The signature page of Fleet National Bank to the Credit Agreement
is hereby amended by deleting the reference to "$17,812,500" following the words
"Revolving Credit Facility B Commitment", and replacing it with "$23,750,000".

         (o) The signature page of National City Bank of Ohio to the Credit
Agreement is hereby amended by deleting the reference to "$5,937,500" following
the words "Revolving Credit Facility B Commitment", and replacing it with "$0".

2.       Miscellaneous.

         Capitalized terms used herein and not otherwise defined herein shall
have the same meanings as defined in the Credit Agreement.

         Except as expressly amended hereby, the Credit Agreement shall remain
in full force and effect in accordance with the original terms thereof.

<PAGE>

         The amendments herein contained are limited specifically to the matters
set forth above and do not constitute directly or by implication an amendment or
waiver of any other provision of Credit Agreement or any default which may occur
or may have occurred under the Credit Agreement.

         The Company hereby represents and warrants that (a) after giving effect
to this Amendment, the representations and warranties by the Company and each of
its Subsidiaries pursuant to the Credit Agreement and the Loan Documents to
which each is a party are true and correct in all material respects as of the
date hereof with the same effect as though such representations and warranties
had been made on and as of such date, unless any such representation or warranty
is as of a specific date, in which case, as of such date, (b) after giving
effect to this Amendment, no Default or Event of Default has occurred and is
continuing.

         This Amendment may be executed in one or more counterparts, each of
which shall constitute an original, but all of which when taken together shall
constitute but one Amendment. This Amendment shall become effective on the later
of (i) March 28, 2002, or (ii) when duly executed counterparts hereof which,
when taken together, bear the signatures of each of the parties hereto shall
have been delivered to the Administrative Agent and the Administrative Agent
shall have received the consent of all the Lenders.

         The Company has the corporate power and authority to enter into,
perform and deliver this Amendment and any other documents, instruments,
agreements or other writings to be delivered in connection herewith. This
Amendment and all documents contemplated hereby or delivered in connection
herewith have each been duly executed and delivered by the Company and the
transactions contemplated herein have been duly authorized.

         This Amendment shall constitute a Loan Document.

         This Amendment shall governed by, and construed in accordance with, the
laws of the State of New York.

         IN WITNESS WHEREOF, the Company and the Administrative Agent, as
authorized on behalf of the Lenders, have caused this Amendment to be duly
executed by their duly authorized officers, all as of the day and year first
above written.

                                  THE HAIN CELESTIAL GROUP, INC.

                                  By:_____________________________
                                  Name:    Ira J. Lamel
                                  Title:   Chief Financial Officer

                                  FLEET BANK NATIONAL BANK,
                                  as Administrative Agent

                                  By:_____________________________
                                  Name:    Kevin M. Brown
                                  Title:   Senior Vice President

<PAGE>
                                            AMENDMENT dated as of June 25, 2002,
                                            (this "Amendment") to the Credit
                                            Agreement dated as of March 29,
                                            2001, (as amended, restated,
                                            modified or otherwise supplemented,
                                            from time to time, the "Credit
                                            Agreement") by and among THE HAIN
                                            CELESTIAL GROUP, INC., a Delaware
                                            corporation (the "Company"), FLEET
                                            NATIONAL BANK, a national banking
                                            association, as Administrative Agent
                                            and as a Lender, SUNTRUST BANK, a
                                            Georgia banking corporation, as
                                            Syndication Agent and as a Lender,
                                            HSBC BANK USA, a New York banking
                                            corporation, as Documentation Agent
                                            and as a Lender, and the other
                                            Lenders party thereto.

WHEREAS, the Company, the Administrative Agent and the Required Lenders have
agreed, subject to the terms and conditions of this Amendment, to amend a
certain provision of the Credit Agreement as set forth herein;

NOW, THEREFORE, in consideration of the premises and of the mutual agreements
herein contained, the parties hereto agree as follows:

1.       Amendment.

         (a) Section 7.15 of the Credit Agreement (Dividends) is hereby amended
by deleting the reference to "$5,000,000" at the end thereof and replacing it
with the amount of "$10,000,000".

2.       Miscellaneous.

Capitalized terms used herein and not otherwise defined herein shall have the
same meanings as defined in the Credit Agreement.

Except as expressly amended hereby or as may have been previously amended, the
Credit Agreement shall remain in full force and effect in accordance with the
original terms thereof.

The amendments herein contained are limited specifically to the matters set
forth above and do not constitute directly or by implication an amendment or
waiver of any other provision of Credit Agreement or any default which may occur
or may have occurred under the Credit Agreement.

The Company hereby represents and warrants that (a) after giving effect to this
Amendment, the representations and warranties by the Company and each of its
Subsidiaries pursuant to the Credit Agreement and the Loan Documents to which
each is a party are true and correct in all material respects as of the date
hereof with the same effect as though such representations and warranties have
been made on and as of such date, unless such representation is as of a specific
date, in which case, as of such date, and (b) after giving effect to this
Amendment, no Default or Event of Default has occurred and is continuing.

This Amendment may be executed in one or more counterparts, each of which shall
constitute an original, but all of which when taken together shall constitute
but one Amendment. This Amendment shall become effective when duly executed
counterparts hereof which, when taken together, bear the signatures of each of
the parties hereto shall have been delivered to the Administrative Agent.

This Amendment shall constitute a Loan Document.

This Amendment shall governed by, and construed in accordance with, the laws of
the State of New York.

<PAGE>

IN WITNESS WHEREOF, the Company and the Administrative Agent, as authorized on
behalf of the Required Lenders, have caused this Amendment to be duly executed
by their duly authorized officers, all as of the day and year first above
written.

                                  THE HAIN CELESTIAL GROUP, INC.

                                  By:_____________________________
                                  Name:
                                  Title:

                                  FLEET BANK NATIONAL BANK,
                                  as Administrative Agent

                                  By:_____________________________
                                  Name:
                                  Title:

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