Document:

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Exhibit 4.4

COGNEX CORPORATION

2007 STOCK OPTION AND INCENTIVE PLAN

Section 1. General Purpose of the Plan; Definitions

     The name of the plan is the Cognex Corporation 2007 Stock Option and Incentive Plan (the
“Plan”). The purpose of the Plan is to encourage and enable the officers, employees, Non-Employee
Directors and other key persons (including consultants) of Cognex Corporation (the “Company”) and
its Subsidiaries upon whose judgment, initiative and efforts the Company largely depends for the
successful conduct of its business to acquire a proprietary interest in the Company. It is
anticipated that providing such persons with a direct stake in the Company’s welfare will assure a
closer identification of their interests with those of the Company and its stockholders, thereby
stimulating their efforts on the Company’s behalf and strengthening their desire to remain with the
Company.

     The following terms shall be defined as set forth below:

     “Administrator” means either the Board or the compensation committee of the Board or a similar
committee performing the functions of the compensation committee and which is comprised of not less
than two Non-Employee Directors who are independent.

     “Award” or “Awards,” except where referring to a particular category of grant under the Plan,
shall include Incentive Stock Options, Non-Qualified Stock Options, Stock Appreciation Rights and
Restricted Stock Awards.

     “Award Agreement” means a written or electronic agreement setting forth the terms and
provisions applicable to an Award granted under the Plan. Each Award Agreement is subject to the
terms and conditions of the Plan.

     “Board” means the Board of Directors of the Company.

     A “Change of Control” shall be deemed to have occurred if any person, or any two or more
persons acting as a group, and all affiliates of such person or persons, who prior to such time
owned less than fifty percent (50%) of the then outstanding Stock, shall acquire such additional
shares of the Stock in one or more transactions, or series of transactions, such that following
such transaction or transactions, such person or group and affiliates beneficially own sixty
percent (60%) or more of the Stock outstanding.

     “Code” means the Internal Revenue Code of 1986, as amended, and any successor Code, and
related rules, regulations and interpretations.

     “Effective Date” means the date on which the Plan is approved by stockholders as set forth in
Section 14.

     “Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and
regulations thereunder.

     “Fair Market Value” of the Stock on any given date means the last reported sale price at which
Stock is traded on such date or, if no Stock is traded on such date, the next preceding date on
which Stock was traded, as reflected on NASDAQ Global Select Market or another national securities
exchange.

     “Incentive Stock Option” means any Stock Option designated and qualified as an “incentive
stock option” as defined in Section 422 of the Code.

     “Non-Employee Director” means a member of the Board who is not also an employee of the Company
or any Subsidiary.

 

 

     “Non-Qualified Stock Option” means any Stock Option that is not an Incentive Stock Option.

     “Option” or “Stock Option” means any option to purchase shares of Stock granted pursuant to
Section 5.

     “Restricted Stock Award” means an Award entitling the recipient to acquire, at such purchase
price (which may be zero) as determined by the Administrator, shares of Stock subject to such
restrictions and conditions as the Administrator may determine at the time of grant.

     “Sale Event” shall mean (i) the sale of all or substantially all of the assets of the Company
on a consolidated basis to an unrelated person or entity, (ii) a merger, reorganization or
consolidation in which the outstanding shares of Stock are converted into or exchanged for
securities of the successor entity and the holders of the Company’s outstanding voting power
immediately prior to such transaction do not own a majority of the outstanding voting power of the
successor entity immediately upon completion of such transaction, or (iii) the sale of all of the
Stock of the Company to an unrelated person or entity.

     "Sale Price” means the value as determined by the Administrator of the consideration payable,
or otherwise to be received by stockholders, per share of Stock pursuant to a Sale Event.

     “Section 409A” means Section 409A of the Code and the regulations and other guidance
promulgated thereunder.

     “Stock” means the Common Stock, par value $.002 per share, of the Company, subject to
adjustments pursuant to Section 3.

     “Stock Appreciation Right” means an Award entitling the recipient to receive shares of Stock
having a value equal to the excess of the Fair Market Value of the Stock on the date of exercise
over the exercise price of the Stock Appreciation Right multiplied by the number of shares of Stock
with respect to which the Stock Appreciation Right shall have been exercised.

     “Subsidiary” means any corporation or other entity (other than the Company) in which the
Company has at least a 50 percent interest, either directly or indirectly.

     “Ten Percent Owner” means an employee who owns or is deemed to own (by reason of the
attribution rules of Section 424(d) of the Code) more than 10 percent of the combined voting power
of all classes of stock of the Company or any parent or subsidiary corporation.

Section 2. Administration of Plan; Administrator Authority to Select Grantees and Determine
Awards

     (a) Administration of Plan. The Plan shall be administered by the Administrator.

     (b) Powers of Administrator. The Administrator shall have the power and authority
to grant Awards consistent with the terms of the Plan, including the power and authority:

     (i) to select the individuals to whom Awards may from time to time be granted;

     (ii) to determine the time or times of grant, and the extent, if any, of Incentive Stock
Options, Non-Qualified Stock Options, Stock Appreciation Rights, Restricted Stock Awards or any
combination of the foregoing, granted to any one or more grantees;

     (iii) to determine the number of shares of Stock to be covered by any Award;

     (iv) to determine and modify from time to time the terms and conditions, including
restrictions, not inconsistent with the terms of the Plan, of any Award, which terms and conditions
may differ among individual Awards and grantees, and to approve the form of written instruments
evidencing the Awards;

 

 

     (v) to accelerate at any time the exercisability or vesting of all or any portion of any
Award, including upon a Change of Control or a Sale Event;

     (vi) subject to the provisions of Section 5(a)(ii), to extend at any time the period in
which Stock Options may be exercised; and

     (vii) at any time to adopt, alter and repeal such rules, guidelines and practices for
administration of the Plan and for its own acts and proceedings as it shall deem advisable; to
interpret the terms and provisions of the Plan and any Award (including related written
instruments); to make all determinations it deems advisable for the administration of the Plan; to
decide all disputes arising in connection with the Plan; and to otherwise supervise the
administration of the Plan.

     All decisions and interpretations of the Administrator shall be binding on all persons,
including the Company and Plan grantees.

     (c) Delegation of Authority to Grant Awards. Subject to applicable law, the
Administrator, in its discretion, may delegate to the Chief Executive Officer of the Company all or
part of the Administrator’s authority and duties with respect to the granting of Awards, to
individuals who are (i) not subject to the reporting and other provisions of Section 16 of the
Exchange Act and (ii) not “covered employees” within the meaning of Section 162(m) of the Code. Any
such delegation by the Administrator shall include a limitation as to the amount of Awards that may
be granted during the period of the delegation and shall contain guidelines as to the determination
of the exercise price and the vesting criteria. The Administrator may revoke or amend the terms of
a delegation at any time but such action shall not invalidate any prior actions of the
Administrator’s delegate or delegates that were consistent with the terms of the Plan.

     (d) Award Agreement. Awards under the Plan shall be evidenced by Award Agreements
that set forth the terms, conditions and limitations for each Award which may include, without
limitation, the term of an Award, the provisions applicable in the event employment or service
terminates, and the Company’s authority to unilaterally or bilaterally amend, modify, suspend,
cancel or rescind an Award.

     (e) Indemnification. Neither the Board nor the Administrator, nor any member of
either or any delegate thereof, shall be liable for any act, omission, interpretation, construction
or determination made in good faith in connection with the Plan, and the members of the Board and
the Administrator (and any delegate thereof) shall be entitled in all cases to indemnification and
reimbursement by the Company in respect of any claim, loss, damage or expense (including, without
limitation, reasonable attorneys’ fees) arising or resulting therefrom to the fullest extent
permitted by law and/or under the Company’s articles or bylaws or any directors’ and officers’
liability insurance coverage which may be in effect from time to time and/or any indemnification
agreement between such individual and the Company.

Section 3. Stock Issuable Under the Plan; Mergers; Substitution

     (a) Stock Issuable. The maximum number of shares of Stock reserved and available
for issuance under the Plan shall be 2,300,000 shares, subject to adjustment as provided in
Section 3(b). For purposes of this limitation, the shares of Stock underlying any Awards that are
forfeited, canceled or otherwise terminated (other than by exercise) shall be added back to the
shares of Stock available for issuance under the Plan. Shares tendered or held back upon exercise
of an Option or settlement of an Award to cover the exercise price or tax withholding shall not be
available for future issuance under the Plan. In addition, upon exercise of Stock Appreciation
Rights, the gross number of shares exercised shall be deducted from the total number of shares
remaining available for issuance under the Plan. Subject to such overall limitations, shares of
Stock may be issued up to such maximum number pursuant to any type or types of Award; provided,
however, that Stock Options or Stock Appreciation Rights with respect to no more than
500,000 shares of Stock may be granted to any one individual grantee during any one calendar year
period. The shares available for issuance under the Plan may be authorized but unissued shares of
Stock or shares of Stock reacquired by the Company.

     (b) Changes in Stock. Subject to Section 3(c) hereof, if, as a result of any
reorganization, recapitalization, reclassification, stock dividend, stock split, reverse stock
split or other similar change in the Company’s capital stock, the outstanding shares of Stock are
increased or decreased or are exchanged for a different number or kind of shares or other
securities of the Company, or additional shares or new or

 

 

different shares or other securities of the Company or other non-cash assets are distributed
with respect to such shares of Stock or other securities, or, if, as a result of any merger or
consolidation, sale of all or substantially all of the assets of the Company, the outstanding
shares of Stock are converted into or exchanged for securities of the Company or any successor
entity (or a parent or subsidiary thereof), the Administrator shall make an appropriate or
proportionate adjustment in (i) the maximum number of shares reserved for issuance under the Plan,
(ii) the number of Stock Options or Stock Appreciation Rights that can be granted to any one
individual grantee, (iii) the number and kind of shares or other securities subject to any then
outstanding Awards under the Plan, (iv) the repurchase price, if any, per share subject to each
outstanding Restricted Stock Award, and (v) the price for each share subject to any then
outstanding Stock Options and Stock Appreciation Rights under the Plan, without changing the
aggregate exercise price (i.e., the exercise price multiplied by the number of Stock Options and
Stock Appreciation Rights) as to which such Stock Options and Stock Appreciation Rights remain
exercisable. The Administrator shall also make equitable or proportionate adjustments in the number
of shares subject to outstanding Awards and the exercise price and the terms of outstanding Awards
to take into consideration cash dividends paid other than in the ordinary course or any other
extraordinary corporate event. Notwithstanding the foregoing, no adjustment shall be made under
this Section 3(b) if the Administrator determines that such action could cause any Award to fail to
satisfy the conditions of any applicable exception from the requirements of Section 409A or
otherwise could subject the grantee to the additional tax imposed under Section 409A in respect of
an outstanding Award or constitute a modification, extension or renewal of an Incentive Stock
Option within the meaning of Section 424(h) of the Code. The adjustment by the Administrator shall
be final, binding and conclusive. No fractional shares of Stock shall be issued under the Plan
resulting from any such adjustment, but the Administrator in its discretion may make a cash payment
in lieu of fractional shares.

     (c) Mergers and Other Transactions. Upon the effective time of the Sale Event, the
Plan and all outstanding Awards granted hereunder shall terminate, unless provision is made in
connection with the Sale Event in the sole discretion of the parties thereto for the assumption or
continuation of Awards theretofore granted by the successor entity, or the substitution of such
Awards with new Awards of the successor entity or parent thereof, with appropriate adjustment as to
the number and kind of shares and, if appropriate, the per share exercise prices, as such parties
shall agree (after taking into account any acceleration hereunder). In the event of such
termination, (i) the Company shall have the option (in its sole discretion) to make or provide for
a cash payment to the grantees holding Options and Stock Appreciation Rights, in exchange for the
cancellation thereof, in an amount equal to the difference between (A) the Sale Price multiplied by
the number of shares of Stock subject to outstanding Options and Stock Appreciation Rights (to the
extent then exercisable (after taking into account any acceleration thereof) at prices not in
excess of the Sale Price) and (B) the aggregate exercise price of all such outstanding Options and
Stock Appreciation Rights; or (ii) each grantee shall be permitted, within a specified period of
time prior to the consummation of the Sale Event as determined by the Administrator, to exercise
all outstanding Options and Stock Appreciation Rights held by such grantee.

     (d) Substitute Awards. The Administrator may grant Awards under the Plan in
substitution for stock and stock based awards held by employees, directors or other key persons of
another corporation in connection with the merger or consolidation of the employing corporation
with the Company or a Subsidiary or the acquisition by the Company or a Subsidiary of property or
stock of the employing corporation. The Administrator may direct that the substitute awards be
granted on such terms and conditions as the Administrator considers appropriate in the
circumstances. Any substitute Awards granted under the Plan shall not count against the share
limitation set forth in Section 3(a).

Section 4. Eligibility

     Grantees under the Plan will be such full or part-time officers and other employees,
Non-Employee Directors and key persons (including consultants and prospective employees) of the
Company and its Subsidiaries as are selected from time to time by the Administrator in its sole
discretion.

Section 5. Stock Options

     (a) Form of Stock Options. Any Stock Option granted under the Plan shall be in such
form as the Administrator may from time to time approve.

 

 

     Stock Options granted under the Plan may be either Incentive Stock Options or Non-Qualified
Stock Options. Incentive Stock Options may be granted only to employees of the Company or any
Subsidiary that is a “subsidiary corporation” within the meaning of Section 424(f) of the Code. To
the extent that any Option does not qualify as an Incentive Stock Option, it shall be deemed a
Non-Qualified Stock Option.

     Stock Options granted pursuant to this Section 5 shall be subject to the following terms and
conditions and shall contain such additional terms and conditions, not inconsistent with the terms
of the Plan, as the Administrator shall deem desirable.

     (b) Exercise Price. The exercise price per share for the Stock covered by a Stock
Option granted pursuant to this Section 5 shall be determined by the Administrator at the time of
grant but shall not be less than 100 percent of the Fair Market Value on the date of grant. In the
case of an Incentive Stock Option that is granted to a Ten Percent Owner, the option price of such
Incentive Stock Option shall be not less than 110 percent of the Fair Market Value on the grant
date.

     (c) Option Term. The term of each Stock Option shall be fixed by the Administrator,
but no Stock Option shall be exercisable more than ten years after the date the Stock Option is
granted. In the case of an Incentive Stock Option that is granted to a Ten Percent Owner, the term
of such Stock Option shall be no more than five years from the date of grant.

     (d) Exercisability; Rights of a Stockholder. Stock Options shall become exercisable
at such time or times, whether or not in installments, as shall be determined by the Administrator
at or after the grant date. The Administrator may at any time accelerate the exercisability of all
or any portion of any Stock Option. An optionee shall have the rights of a stockholder only as to
shares acquired upon the exercise of a Stock Option and not as to unexercised Stock Options.

     (e) Method of Exercise. Stock Options may be exercised in whole or in part, by
giving written notice of exercise to the Company, specifying the number of shares to be purchased.
Payment of the purchase price may be made by one or more of the following methods to the extent
provided in the Option Award Agreement:

     (i) In cash, by certified or bank check or other instrument acceptable to the Administrator;

     (ii) Through the delivery (or attestation to the ownership) of shares of Stock that have
been purchased by the optionee on the open market or that are beneficially owned by the optionee
and are not then subject to restrictions under any Company plan. Such surrendered shares shall be
valued at Fair Market Value on the exercise date. To the extent required to avoid variable
accounting treatment under FAS 123R or other applicable accounting rules, such surrendered shares
shall have been owned by the optionee for at least six months; or

     (iii) By the optionee delivering to the Company a properly executed exercise notice together
with irrevocable instructions to a broker to promptly deliver to the Company cash or a check
payable and acceptable to the Company for the purchase price; provided that in the event the
optionee chooses to pay the purchase price as so provided, the optionee and the broker shall comply
with such procedures and enter into such agreements of indemnity and other agreements as the
Administrator shall prescribe as a condition of such payment procedure.

     Payment instruments will be received subject to collection. The transfer to the optionee on
the records of the Company or of the transfer agent of the shares of Stock to be purchased pursuant
to the exercise of a Stock Option will be contingent upon receipt from the optionee (or a purchaser
acting in his stead in accordance with the provisions of the Stock Option) by the Company of the
full purchase price for such shares and the fulfillment of any other requirements contained in the
Option Award Agreement or applicable provisions of laws (including the satisfaction of any
withholding taxes that the Company is obligated to withhold with respect to the optionee). In the
event an optionee chooses to pay the purchase price by previously-owned shares of Stock through the
attestation method, the number of shares of Stock transferred to the optionee upon the exercise of
the Stock Option shall be net of the number of attested shares. In the event that the Company
establishes, for itself or using the services of a third party, an automated system for the
exercise of Stock Options, such as a system using an internet website or

 

 

interactive voice response, then the paperless exercise of Stock Options may be permitted
through the use of such an automated system.

     (f) Annual Limit on Incentive Stock Options. To the extent required for “incentive
stock option” treatment under Section 422 of the Code, the aggregate Fair Market Value (determined
as of the time of grant) of the shares of Stock with respect to which Incentive Stock Options
granted under this Plan and any other plan of the Company or its parent and subsidiary corporations
become exercisable for the first time by an optionee during any calendar year shall not exceed
$100,000. To the extent that any Stock Option exceeds this limit, it shall constitute a
Non-Qualified Stock Option.

Section 6. Stock Appreciation Rights

     (a) Exercise Price of Stock Appreciation Rights. The exercise price of a Stock
Appreciation Right shall not be less than 100 percent of the Fair Market Value of the Stock on the
date of grant.

     (b) Grant and Exercise of Stock Appreciation Rights. Stock Appreciation Rights may
be granted by the Administrator independently of any Stock Option granted pursuant to Section 5 of
the Plan.

     (c) Terms and Conditions of Stock Appreciation Rights. Stock Appreciation Rights
shall be subject to such terms and conditions as shall be determined from time to time by the
Administrator.

Section 7. Restricted Stock Awards

     (a) Nature of Restricted Stock Awards. The Administrator shall determine the
restrictions and conditions applicable to each Restricted Stock Award at the time of grant.
Conditions may be based on continuing employment (or other service relationship) and/or achievement
of pre-established performance goals and objectives. The grant of a Restricted Stock Award is
contingent on the grantee executing the Restricted Stock Award Agreement. The terms and conditions
of each such Award Agreement shall be determined by the Administrator, and such terms and
conditions may differ among individual Awards and grantees.

     (b) Rights as a Stockholder. Upon execution of the Restricted Stock Award Agreement
and payment of any applicable purchase price, a grantee shall have the rights of a stockholder with
respect to the voting of the Restricted Stock, subject to such conditions contained in the
Restricted Stock Award Agreement. Unless the Administrator shall otherwise determine,
(i) uncertificated Restricted Stock shall be accompanied by a notation on the records of the
Company or the transfer agent to the effect that they are subject to forfeiture until such
Restricted Stock are vested as provided in Section 7(d) below, and (ii) certificated Restricted
Stock shall remain in the possession of the Company until such Restricted Stock is vested as
provided in Section 7(d) below, and the grantee shall be required, as a condition of the grant, to
deliver to the Company such instruments of transfer as the Administrator may prescribe.

     (c) Restrictions. Restricted Stock may not be sold, assigned, transferred, pledged
or otherwise encumbered or disposed of except as specifically provided herein or in the Restricted
Stock Award Agreement. Except as may otherwise be provided by the Administrator either in the Award
Agreement or, subject to Section 11 below, in writing after the Award Agreement is issued if a
grantee’s employment (or other service relationship) with the Company and its Subsidiaries
terminates for any reason, any Restricted Stock that has not vested at the time of termination
shall automatically and without any requirement of notice to such grantee from or other action by
or on behalf of, the Company be deemed to have been reacquired by the Company at its original
purchase price (if any) from such grantee or such grantee’s legal representative simultaneously
with such termination of employment (or other service relationship), and thereafter shall cease to
represent any ownership of the Company by the grantee or rights of the grantee as a stockholder.
Following such deemed reacquisition of unvested Restricted Stock that are represented by physical
certificates, a grantee shall surrender such certificates to the Company upon request without
consideration.

     (d) Vesting of Restricted Stock. The Administrator at the time of grant shall
specify the date or dates and/or the attainment of pre-established performance goals, objectives
and other conditions on which the non-transferability of the Restricted Stock and the Company’s
right of repurchase or forfeiture shall lapse. Notwithstanding the foregoing, except in the case of
retirement, death or disability, in the event that

 

 

any such Restricted Stock granted to employees shall have a performance-based goal, the
restriction period with respect to such shares shall not be less than one year, and in the event
any such Restricted Stock granted to employees shall have a time-based restriction, the total
restriction period with respect to such shares shall not be less than three years; provided,
however, that Restricted Stock with a time-based restriction may become vested incrementally over
such three-year period. Subsequent to such date or dates and/or the attainment of such
pre-established performance goals, objectives and other conditions, the shares on which all
restrictions have lapsed shall no longer be Restricted Stock and shall be deemed “vested.” Except
as may otherwise be provided by the Administrator either in the Award Agreement or, subject to
Section 11 below, in writing after the Award Agreement is issued, a grantee’s rights in any shares
of Restricted Stock that have not vested shall automatically terminate upon the grantee’s
termination of employment (or other service relationship) with the Company and its Subsidiaries and
such shares shall be subject to the provisions of Section 7(c) above.

Section 8. Transferability of Awards

     (a) Transferability. Except as provided in Section 8(b) below, during a grantee’s
lifetime, his or her Awards shall be exercisable only by the grantee, or by the grantee’s legal
representative or guardian in the event of the grantee’s incapacity. No Awards shall be sold,
assigned, transferred or otherwise encumbered or disposed of by a grantee other than by will or by
the laws of descent and distribution. No Awards shall be subject, in whole or in part, to
attachment, execution, or levy of any kind, and any purported transfer in violation hereof shall be
null and void.

     (b) Administrator Action. Notwithstanding Section 8(a), (i) an optionee may
transfer his or her options (other than any Incentive Stock Options) and stock appreciation rights
to his or her immediate family members, to trusts for the benefit of such family members, or to
partnerships in which such family members are the only partners, and (ii) an optionee may transfer
awards granted under the Plan pursuant to a divorce decree or other domestic relations order as
defined in the Code or Title I of the Employee Retirement Income Security Act of 1974, as amended
(or the rules thereunder), provided in either case that the transferee agrees in writing with the
Company to be bound by all of the terms and conditions of this Plan and the applicable Award.

     (c) Family Member. For purposes of Section 8(b), “family member” shall mean a
grantee’s child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse,
sibling, niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law,
or sister-in-law, including adoptive relationships, any person sharing the grantee’s household
(other than a tenant of the grantee), a trust in which these persons (or the grantee) have more
than 50 percent of the beneficial interest, a foundation in which these persons (or the grantee)
control the management of assets, and any other entity in which these persons (or the grantee) own
more than 50 percent of the voting interests.

     (d) Designation of Beneficiary. Each grantee to whom an Award has been made under
the Plan may designate a beneficiary or beneficiaries to exercise any Award or receive any payment
under any Award payable on or after the grantee’s death. Any such designation shall be on a form
provided for that purpose by the Administrator and shall not be effective until received by the
Administrator. If no beneficiary has been designated by a deceased grantee, or if the designated
beneficiaries have predeceased the grantee, the beneficiary shall be the grantee’s estate.

Section 9. Tax Withholding

     (a) Payment by Grantee. Each grantee shall, no later than the date as of which the
value of an Award or of any Stock or other amounts received thereunder first becomes includable in
the gross income of the grantee for Federal income tax purposes, pay to the Company, or make
arrangements satisfactory to the Administrator regarding payment of, any Federal, state, or local
taxes of any kind required by law to be withheld by the Company with respect to such income. The
Company and its Subsidiaries shall, to the extent permitted by law, have the right to deduct any
such taxes from any payment of any kind otherwise due to the grantee. The Company’s obligation to
deliver evidence of book entry (or stock certificates) to any grantee is subject to and conditioned
on tax withholding obligations being satisfied by the grantee.

     (b) Payment in Stock. Subject to approval by the Administrator, a grantee may elect
to have the Company’s minimum required tax withholding obligation satisfied, in whole or in part,
by authorizing the

 

 

Company to withhold from shares of Stock to be issued pursuant to any Award a number of shares
with an aggregate Fair Market Value (as of the date the withholding is effected) that would satisfy
the withholding amount due.

Section 10. Transfer, Leave of Absence, Etc.

     For purposes of the Plan, the following events shall not be deemed a termination of
employment:

     (a) a transfer to the employment of the Company from a Subsidiary or from the Company to a
Subsidiary, or from one Subsidiary to another; or

     (b) an approved leave of absence for military service or sickness, or for any other purpose
approved by the Company, if the employee’s right to re-employment is guaranteed either by a statute
or by contract or under the policy pursuant to which the leave of absence was granted or if the
Administrator otherwise so provides in writing.

Section 11. Amendments and Termination

     The Board may, at any time, amend or discontinue the Plan and the Administrator may, at any
time, amend or cancel any outstanding Award for the purpose of satisfying changes in law or for any
other lawful purpose, but no such action shall adversely affect rights under any outstanding Award
without the holder’s consent. Except as provided in Section 3(b) or 3(c), in no event may the
Administrator exercise its discretion to reduce the exercise price of outstanding Stock Options or
Stock Appreciation Rights or effect repricing through cancellation and re-grants. Any material Plan
amendments (other than amendments that curtail the scope of the Plan), including any Plan
amendments that (i) increase the number of shares reserved for issuance under the Plan, (ii) expand
the type of Awards available under, materially expand the eligibility to participate in, or
materially extend the term of, the Plan, or (iii) materially change the method of determining Fair
Market Value, shall be subject to approval by the Company stockholders entitled to vote at a
meeting of stockholders. In addition, to the extent determined by the Administrator to be required
by the Code to ensure that Incentive Stock Options granted under the Plan are qualified under
Section 422 of the Code or to ensure that compensation earned under Awards qualifies as
performance-based compensation under Section 162(m) of the Code, Plan amendments shall be subject
to approval by the Company stockholders entitled to vote at a meeting of stockholders. Nothing in
this Section 11 shall limit the Administrator’s authority to take any action permitted pursuant to
Section 3(c).

Section 12. Status of Plan

     With respect to the portion of any Award that has not been exercised and any payments in cash,
Stock or other consideration not received by a grantee, a grantee shall have no rights greater than
those of a general creditor of the Company unless the Administrator shall otherwise expressly
determine in connection with any Award or Awards. In its sole discretion, the Administrator may
authorize the creation of trusts or other arrangements to meet the Company’s obligations to deliver
Stock or make payments with respect to Awards hereunder, provided that the existence of such trusts
or other arrangements is consistent with the foregoing sentence.

Section 13. General Provisions

     (a) No Distribution. The Administrator may require each person acquiring Stock
pursuant to an Award to represent to and agree with the Company in writing that such person is
acquiring the shares without a view to distribution thereof.

     (b) Delivery of Stock Certificates. Stock certificates to grantees under this Plan
shall be deemed delivered for all purposes when the Company or a stock transfer agent of the
Company shall have mailed such certificates in the United States mail, addressed to the grantee, at
the grantee’s last known address on file with the Company. Uncertificated Stock shall be deemed
delivered for all purposes when the Company or a Stock transfer agent of the Company shall have
given to the grantee by electronic mail (with proof of receipt) or by United States mail, addressed
to the grantee, at the grantee’s last known address on file with the Company, notice of issuance
and recorded the issuance in its records (which may include electronic “book entry” records).
Notwithstanding anything herein to the contrary, the Company shall not be required

 

 

to issue or deliver any certificates evidencing shares of Stock pursuant to the exercise of
any Award, unless and until the Administrator has determined, with advice of counsel (to the extent
the Administrator deems such advice necessary or advisable), that the issuance and delivery of such
certificates is in compliance with all applicable laws, regulations of governmental authorities
and, if applicable, the requirements of any exchange on which the shares of Stock are listed,
quoted or traded. All Stock certificates delivered pursuant to the Plan shall be subject to any
stop-transfer orders and other restrictions as the Administrator deems necessary or advisable to
comply with federal, state or foreign jurisdiction, securities or other laws, rules and quotation
system on which the Stock is listed, quoted or traded. The Administrator may place legends on any
Stock certificate to reference restrictions applicable to the Stock. In addition to the terms and
conditions provided herein, the Administrator may require that an individual make such reasonable
covenants, agreements, and representations as the Administrator, in its discretion, deems necessary
or advisable in order to comply with any such laws, regulations, or requirements. The Administrator
shall have the right to require any individual to comply with any timing or other restrictions with
respect to the settlement or exercise of any Award, including a window-period limitation, as may be
imposed in the discretion of the Administrator.

     (c) Stockholder Rights. Until Stock is deemed delivered in accordance with
Section 13(b), no right to vote or receive dividends or any other rights of a stockholder will
exist with respect to shares of Stock to be issued in connection with an Award, notwithstanding the
exercise of a Stock Option or any other action by the grantee with respect to an Award.

     (d) Other Compensation Arrangements; No Employment Rights. Nothing contained in
this Plan shall prevent the Board from adopting other or additional compensation arrangements,
including trusts, and such arrangements may be either generally applicable or applicable only in
specific cases. The adoption of this Plan and the grant of Awards do not confer upon any employee
any right to continued employment with the Company or any Subsidiary.

     (e) Trading Policy Restrictions. Option exercises and other Awards under the Plan
shall be subject to such Company’s insider trading policy and procedures, as in effect from time to
time.

Section 14. Effective Date of Plan

     This Plan shall become effective upon approval by the holders of a majority of the votes cast
at a meeting of stockholders at which a quorum is present. No grants of Stock Options and other
Awards may be made hereunder after the tenth anniversary of the Effective Date and no grants of
Incentive Stock Options may be made hereunder after the tenth anniversary of the date the Plan is
approved by the Board.

Section 15. Governing Law

     This Plan and all Awards and actions taken thereunder shall be governed by, and construed in
accordance with, the laws of the Commonwealth of Massachusetts, applied without regard to conflict
of law principles.

DATE APPROVED BY BOARD OF DIRECTORS: February 26, 2007

DATE APPROVED BY SHAREHOLDERS: April 18, 2007exv10w1

 

Exhibit 10.1

FIFTH AMENDMENT TO LEASE

FIFTH
AMENDMENT TO LEASE dated as of this 14th day of April, 2008 (the “Effective Date”) by
and between BOSTON PROPERTIES LIMITED PARTNERSHIP, a Delaware limited partnership, the general
partner of which is Boston Properties, Inc., a Delaware corporation, as landlord
(“Landlord”) and CONSTANT CONTACT, INC., a Delaware corporation, as tenant
(“Tenant”).

RECITALS

     By Lease dated July 9, 2002 (the “Original Lease”), as amended by First Amendment to
Lease dated as of June 29, 2005 (the “First Amendment”), Second Amendment to Lease dated as
of July 24, 2006 (the “Second Amendment”), Third Amendment to Lease dated as of February
27, 2007 (the “Third Amendment”) and Fourth Amendment to Lease dated as of November 26,
2007 (the “Fourth Amendment”) (the Original Lease, as amended by the First Amendment, the
Second Amendment, Third Amendment and the Fourth Amendment, is hereinafter referred to as the
“Lease”), Landlord did lease to Tenant and Tenant did hire and lease from Landlord certain premises
containing 78,957 square feet of rentable floor area (“Rentable Floor Area of Existing
Premises”) located on the third (3rd) floor in the building (the “Building”) commonly
known as Reservoir Place Main (formerly referred to in the Lease as “Reservoir Place II”) at 1601
Trapelo Road, Waltham, Massachusetts (referred to in the Lease as the “Premises” or “Tenant’s
Space”, hereinafter, the “Existing Premises”). The parties further acknowledge that the
term has not yet commenced with respect to a portion of the Existing Premises (i.e., the “Expansion
Premises”, as such term is defined in the Second Amendment), and that Tenant is currently
subleasing such space pursuant to a separate sublease agreement.

     Tenant has determined to lease from Landlord an additional 4,422 feet of rentable floor area
(“Rentable Floor Area of Fifth Expansion Premises”) on the third (3rd) floor of the
Building (the “Fifth Expansion Premises”) shown on Exhibit A attached hereto, upon
the terms and conditions contained in this Fifth Amendment to Lease (the “Fifth
Amendment”).

     Landlord and Tenant are entering into this instrument to set forth the terms and conditions
for the use and occupancy of the Fifth Expansion Premises and to otherwise amend the Lease.

     NOW THEREFORE, in consideration of One Dollar ($1.00) and other good and valuable
consideration in hand this date paid by each of the parties to the other, the receipt and
sufficiency of which are hereby severally acknowledged, and in further consideration of the mutual
promises herein contained, Landlord and Tenant hereby agree to and with each other as follows:

	1.	 	As of the “Fifth Expansion Premises Commencement Date” (as defined in Section 2
below) and continuing through the expiration or earlier termination of the Term (including the
balance of the First Extended Term), the Existing Premises shall be

 

 

expanded to include the Fifth Expansion Premises, such that the Existing Premises and the
Fifth Expansion Premises shall constitute the “Premises” (and “Tenant’s Space”) demised to
Tenant under the Lease. All terms and conditions of the Lease (including, without
limitation, Tenant’s right to extend the Lease Term as set forth in Section 6 of the First
Amendment) shall apply to the Fifth Expansion Premises and Existing Premises, collectively,
except as otherwise indicated in this Fifth Amendment.

	2.	 	The following definitions are hereby added (or substituted, where applicable) to the
REFERENCE DATA in Section 1.1 of the Lease:

	 	 	 	 	 
	 

	 	FIFTH EXPANSION PREMISES	 	 
	 

	 	COMMENCEMENT DATE:
	 	The Effective Date.
	 
	 	 	 	 
	 

	 	FIFTH EXPANSION PREMISES	 	 
	 

	 	RENT COMMENCEMENT DATE:
	 	June 1, 2008.
	 
	 	 	 	 
	 

	 	FIFTH EXPANSION PREMISES	 	 
	 

	 	EXPIRATION DATE:
	 	September 30, 2010, to be
coterminous with the Term
	 
	 	 	 	 
	 

	 	LANDLORD’S	 	 
	 

	 	CONSTRUCTION	 	 
	 

	 	REPRESENTATIVE:
	 	Michael Schumacher
	 
	 	 	 	 
	 

	 	TENANT’S CONSTRUCTION	 	 
	 

	 	REPRESENTATIVE:
	 	David Mann and Steven Wasserman, either of whom individually may act on
	 

	 	 	 	Tenant’s behalf.
	 
	 	 	 	 
	 

	 	BROKER:
	 	McCall & Almy
	 

	 	 	 	One Post Office Square, 37th Floor
	 

	 	 	 	Boston, Massachusetts 02109

	3.	 	ANNUAL FIXED RENT.

(A) With respect to the Existing Premises, Annual Fixed Rent shall be paid as
currently provided in the Lease.

(B) With respect to the Fifth Expansion Premises, Annual Fixed Rent for the Fifth
Expansion Premises shall be payable as follows:

(i) Commencing on the Fifth Expansion Premises Rent Commencement Date
and continuing through the expiration of the Term (plus the partial month, if any,

 

 

immediately following the Fifth Expansion Premises Rent Commencement Date) at the
annual rate of One Hundred and Twenty Three Thousand Eight Hundred and Sixteen
00/100 Dollars ($123,816.00) (being the product of (i) $28.00 and
(ii) the Rentable Floor Area of the Fifth Expansion Premises A (being 4,422 square
feet)).

	4.	 	Effective as of the Fifth Expansion Premises Commencement Date and continuing through the
expiration of the Term, the following definitions are hereby added to the REFERENCE DATA in
Section 1.1 of the Lease:

	 	 	 
	NUMBER OF PARKING

	 	Beginning on the Fifth Expansion Premises
	PRIVILEGES FOR THE

	 	Commencement Date, there shall be added additional
	FIFTH EXPANSION

	 	privileges for parking sixteen (16) automobiles, five
	PREMISES:

	 	(5) of which are located in the garage below the Building,
and eleven (11) of which will be located on the
outdoor
surface lot.
	 
	 	 
	RENTABLE FLOOR AREA OF

	 	4,422 square feet.
	THE FIFTH EXPANSION
	 	 
	PREMISES:
	 	 

	5.	 	OPERATING EXPENSES.

(A) Existing Premises. For purposes of calculating Tenant’s payments for Operating
Expenses for the Existing Premises pursuant to Section 2.6 of the Lease, the definition of
“Base Operating Expenses” shall be unchanged.

(B) Fifth Expansion Premises. In addition to the payments referenced in Section
5(A) above, Tenant shall pay Operating Expenses for the Fifth Expansion Premises to be
calculated as follows: For purposes of calculating Tenant’s payments for Operating Expenses
for the Fifth Expansion Premises pursuant to Section 2.6 of the Lease for that portion of
the Term on and after the Fifth Expansion Premises Rent Commencement Date, with respect to
the Fifth Expansion Premises only, the definition of “Base Operating Expenses” shall be:

	 	 	 	 	 
	 

	 	BASE OPERATING
	 	Landlord’s Operating Expenses (as defined in
	 

	 	EXPENSES:
	 	Section 2.6 of the Lease) for calendar year
	 

	 	 	 	2008 being January 1, 2008 through
	 

	 	 	 	December 31, 2008.

(C) Notwithstanding the foregoing or any provision hereof to the contrary, Tenant shall not
be obligated to pay any of Landlord’s Operating Expenses allocable to the Fifth Expansion
Premises for any period prior to January 1, 2009.

	6.	 	REAL ESTATE TAXES.

 

 

(A) Existing Premises. For purposes of calculating Tenant’s payments for real
estate taxes for the Existing Premises pursuant to Section 2.7 of the Lease, the definition
of “Base Taxes” shall be unchanged.

(B) Fifth Expansion Premises. In addition to the payments referenced in Section
6(A) above, Tenant shall pay real estate taxes for the Fifth Expansion Premises to be
calculated as follows: For purposes of calculating Tenant’s payments for real estate taxes
for the Fifth Expansion Premises pursuant to Section 2.7 of the Lease for that portion of
the Term on and after the Fifth Expansion Premises Rent Commencement Date, with respect to
the Fifth Expansion Premises only, the definition of “Base Taxes” shall be:

	 	 	 	 	 
	 
	 	BASE TAXES:	 	Landlord’s Tax Expenses (as defined in
	 
	 	 	 	Section 2.7 of the Lease) for fiscal tax year
	 
	 	 	 	2009 being July 1, 2008 through June 30,
	 
	 	 	 	2009.

(C) Notwithstanding the foregoing or any provision hereof to the contrary, Tenant shall not
be obligated to pay any of Landlord’s Tax Expenses allocable to the Fifth Expansion Premises
for any period prior to July 1, 2009.

	7.0	 	Condition of the Fifth Expansion Premises. Tenant shall accept the Fifth Expansion
Premises in its “AS-IS” condition without any obligation on the Landlord’s part to perform any
additions, alterations, improvements, demolition or other work therein or pertaining thereto
or to install or connect any of Tenant’s telephone or other communications equipment or
systems or to provide any allowance. Notwithstanding the foregoing, Landlord represents and
warrants that as of the Fifth Expansion Premises Commencement Date, the HVAC system and all
other building systems serving the Fifth Expansion Premises will be in good order, condition
and repair.

	7.1	 	Fifth Expansion Premises Work

(A) Tenant, at its sole cost and expense, shall perform all work necessary to prepare the
Fifth Expansion Premises for Tenant’s use and occupancy and shall perform any other
alterations or improvements to the Fifth Expansion Premises desired by Tenant (the
“Fifth Expansion Premises Work”). The Fifth Expansion Premises Work shall be
performed in accordance with plans and specifications prepared by an architect, licensed by
the Commonwealth of Massachusetts and reasonably approved by Landlord (the “Fifth
Expansion Premises Architect”), such plans and specifications to be subject to the
reasonable approval of the Landlord. Without limiting the generality of the foregoing,
Tenant shall have the right to use Visnick & Caulfield Associates, Inc. as the Fifth
Expansion Premises Architect for the Fifth Expansion Premises Work. Tenant shall submit to
Landlord, a detailed floor plan layout together with working drawings for the Fifth
Expansion Premises Work to prepare the Fifth Expansion Premises for Tenant’s occupancy.
Such floor plan layout and working drawings (the “Fifth Expansion Premises 
Plans”) shall contain at least the information required by, and shall conform to the
requirements of, Exhibit B to the Third Amendment. Provided that the Fifth Expansion

 

 

Premises Plans contain at least the information required by, and conform to the requirements
of, said Exhibit B, Landlord’s approval of the Fifth Expansion Premises Plans shall not be
unreasonably withheld or delayed (said approval to be given within five (5) business days of
Landlord’s receipt of three (3) copies of such plans and specifications); however,
Landlord’s determination of matters relating to aesthetic issues relating to alterations or
changes which are visible outside the Premises shall be in Landlord’s sole discretion. If
Landlord disapproves of any Fifth Expansion Premises Plans, then Tenant shall promptly have
the Fifth Expansion Premises Plans revised by the Fifth Expansion Premises Architect to
incorporate all objections and conditions presented by Landlord and shall resubmit such
plans to Landlord no later than seven (7) days after Landlord has submitted to Tenant its
objections and conditions. Such process shall be followed until the Fifth Expansion Premises
Plans shall have been approved by the Landlord without objection or condition.

(B) Once the Fifth Expansion Premises Plans have been approved by Landlord, Tenant, at its
sole cost and expense, shall promptly, and with all due diligence, perform the Fifth
Expansion Premises Work as set forth on the Fifth Expansion Premises Plans, and, in
connection therewith, Tenant shall obtain all necessary governmental permits and approvals
for the Fifth Expansion Premises Work.

	7.2	 	Quality and Performance of Work

All of the Fifth Expansion Premises Work shall be performed strictly in accordance with Section 3.3 of the Lease. Tenant shall have the Fifth Expansion Premises Work performed by contractors, reasonably approved by Landlord, which contractors shall provide to Landlord such insurance as the Landlord may reasonably require. Without limiting the generality of the foregoing, and subject to all applicable terms and conditions of the
 Lease, Tenant shall have the right to use Majestic Construction, Inc., as the general contractor for the Fifth Expansion Premises Work. Landlord shall have the right to provide such reasonable rules and regulations relative to the performance of the Fifth Expansion Premises Work and any other work which the Tenant may perform under this Lease and Tenant shall abide by all such reasonable rules and regulations and shall cause all of its contractors to so abide including, without limitation, payment for the
costs of using Building services. It shall be Tenant’s obligation to obtain a certificate of occupancy or other like governmental approval for the use and occupancy of the Fifth Expansion Premises to the extent required by law, and Tenant shall not occupy the Fifth Expansion Premises for the conduct of business until and unless it has obtained such approval and has submitted to Landlord a copy of the same. Additionally, Tenant shall provide waivers of lien from all of Tenant’s general contractors,
 subcontractors and suppliers performing work of Five Thousand and 00/100 Dollars or more, in the aggregate, in the recordable forms attached to the Third Amendment as Exhibit D. Tenant shall also prepare and submit to Landlord promptly after the Fifth Expansion Premises Work is substantially complete a set of as-built plans in both print and electronic forms showing the work performed by Tenant to the Premises. To the extent the same may be shown in the as-built plans prepared
for Tenant from its existing vendor, such plans shall include, without limitation, any wiring or cabling installed by Tenant or

 

 

	 	 	Tenant’s contractor for Tenant’s computer, telephone and other communication systems. For
purposes hereof, the Fifth Expansion Premises Work shall be considered “substantially
complete” when the Fifth Expansion Premises Work is complete except for items of work and
adjustment of equipment and fixtures which can be completed after occupancy thereof has been
taken without causing substantial interference with Tenant’s use of the Premises for its
business purposes (i.e. so-called “punch list” items) and when Tenant has obtained
authorization from the applicable governmental authority, to the extent required by Legal
Requirements, for the occupancy and use by Tenant of the Fifth Expansion Premises. Within
thirty (30) days after receipt of an invoice from Landlord, Tenant shall pay to Landlord, as
Additional Rent, an amount equal to the sum of (i) third party expenses incurred by Landlord
to review any elements of the Fifth Expansion Premises Plans and the Fifth Expansion
Premises Work that may affect the structure of the Building, and (ii) third party expenses
incurred by Landlord to review the Fifth Expansion Premises Plans and the Fifth Expansion
Premises Work of which Tenant has received advance notice and which Tenant, in its
commercially reasonable determination, has approved. All of the Fifth Expansion Premises
Work shall be coordinated with any work being performed by or for Landlord and in such
manner as to maintain harmonious labor relations. Each party may inspect the work of the
other at reasonable times and shall promptly give notice of observed defects. Each party
authorizes the other to rely in connection with design and construction upon approval and
other actions on the party’s behalf by any Construction Representative of the party named
above or any person hereafter designated in substitution or addition by notice to the party
relying. Tenant acknowledges that Tenant is acting for its own benefit and account and that
Tenant will not be acting as Landlord’s agent in performing any the Fifth Expansion Premises
Work, accordingly, no contractor, subcontractor or supplier shall have a right to lien
Landlord’s interest in the Property in connection with any work.
	 
	7.3	 	Special Allowance
	 
	 	 	Landlord shall provide to Tenant a special allowance equal to the sum of (a) the product of
(i) $10.00 and (ii) the Rentable Floor Area of the Fifth Expansion Premises (the “Fifth
Expansion Premises Tenant Allowance”). The Fifth Expansion Premises Tenant Allowance
shall be used and applied by Tenant solely on account of the cost of associated architect’s
fees, construction supervision and construction of Fifth Expansion Premises Work provided,
however, Tenant may use and apply a portion of the Fifth Expansion Premises Tenant Allowance
on account of Tenant’s so-called “soft costs” related to the Fifth Expansion Premises Work
(including, supervisory and construction management fees, but only to the extent such fees
are payable to Landlord in that capacity, and the cost or wiring and cabling), in an amount
not to exceed the product of (x) $2.00 and (y) the Rentable Floor Area of Fifth Expansion
Premises. Provided that the Tenant (i) has completed all of such Fifth Expansion Premises
Work in accordance with the terms of the Lease, has paid for all of such Fifth Expansion
Premises Work in full and has delivered to Landlord lien waivers as required by Section 7.2
herein, (ii) has executed the Commencement Date Agreement in the form annexed to the Third
Amendment as Exhibit C, if applicable (iii) has delivered to Landlord its certificate
specifying the cost of such Fifth Expansion Premises Work and all contractors,
subcontractors and supplies involved with the Fifth Expansion Premises Work, together with
evidence of such cost in

 

 

	 	 	the form of paid invoices, receipts and the like, (iv) has satisfied the requirements of (i)
through (iii) above and made request for such payment on or before the expiration or earlier
termination of the Term, (v) is not otherwise in default (beyond applicable notice and cure
periods) under the Lease, and (vi) there are no liens (unless bonded to the reasonable
satisfaction of Landlord) against Tenant’s interest in the Lease or against the Building or
the Site arising out of the Fifth Expansion Premises Work or any litigation in which Tenant
is a party, then within thirty (30) days after the satisfaction of the foregoing conditions,
the Landlord shall pay to the Tenant the lesser of the amount of such costs so certified
(the “Fifth Expansion Premises Certified Costs”) or the amount of the Fifth
Expansion Premises Tenant Allowance. For the purposes hereof, the cost to be so reimbursed
by Landlord shall include the cost of leasehold improvements but not the cost of any of
Tenant’s personal property, trade fixtures or trade equipment or any so-called soft costs,
except as expressly permitted above. Notwithstanding the foregoing, Landlord shall be under
no obligation to apply any portion of the Fifth Expansion Premises Tenant Allowance for any
purposes other than as provided in this Section 7.3, nor shall Landlord be deemed to have
assumed any obligations, in whole or in part, of Tenant to any contractors, subcontractors,
suppliers, workers or materialmen. Further, as provided in this Section 7.3, the Fifth
Expansion Premises Tenant Allowance shall only be applied towards the cost of leasehold
improvements and in no event shall Landlord be required to make application of any portion
of the Fifth Expansion Premises Tenant Allowance towards Tenant’s personal property, trade
fixtures or moving expenses or on account of any supervisory fees, overhead, management fees
or other payments to Tenant, or any partner or affiliate of Tenant. In the event that such
cost of the Fifth Expansion Premises Work and the other costs for which Tenant is permitted
to seek reimbursement above are less than the Fifth Expansion Premises Tenant Allowance,
Tenant shall not be entitled to any payment or credit nor shall there be any application of
the same toward Annual Fixed Rent or Additional Rent owed by Tenant under the Lease.
Landlord shall be entitled to deduct from the Fifth Expansion Premises Tenant Allowance an
amount equal to the sum of (i) third party expenses incurred by Landlord to review any
elements of the Fifth Expansion Premises Plans and the Fifth Expansion Premises Work that
may affect the structure of the Building, and (ii) third party expenses incurred by Landlord
to review the Fifth Expansion Premises Plans and the Fifth Expansion Premises Work of which
Tenant has received advance notice and which Tenant, in its commercially reasonable
determination, has approved.

	7.4	 	Possession.

	 	 	Landlord shall deliver possession of the Fifth Expansion Premises to Tenant on the Fifth
Expansion Premises Commencement Date, vacant, broom clean and in the condition required in
Section 7.0 above.
	 
	8.	 	Brokers.
	 
	 	 	(A) Tenant warrants and represents that Tenant has not dealt with any broker in connection
with the consummation of this Fifth Amendment other than the Broker referenced above; and in
the event any claim is made against Landlord relative to dealings by Tenant with brokers
other than the Broker, Tenant shall defend the claim

 

 

	 	 	against Landlord with counsel of Tenant’s selection first approved by Landlord (which
approval will not be unreasonably withheld) and save harmless and indemnify Landlord on
account of loss, cost or damage which may arise by reason of such claim.
	 
	 	 	(B) Landlord warrants and represents that Landlord has not dealt with any broker in
connection with the consummation of this Fifth Amendment other than the Broker referenced
above; and in the event any claim is made against Tenant relative to dealings by Landlord
with brokers other than the Broker, Landlord shall defend the claim against Tenant with
counsel of Landlord’s selection and save harmless and indemnify Tenant on account of loss,
cost or damage which may arise by reason of such claim. Landlord agrees that it shall be
solely responsible for the payment of brokerage commissions due to the Broker referenced
above in accordance with a separate commission agreement.
	 
	9.	 	Effective as of the Fifth Expansion Premises Commencement Date and continuing through the
expiration of the Term, clause (iii) of the last sentence of Section 5.6.1.1 of the Lease (as
amended) is hereby deleted and the following language is substituted therefor: “(iii) in no
event shall there exist more than nine (9) partial subleases at any one time during the Term.”
	 
	10	 	Landlord warrants and represents that the execution of this Fifth Amendment does not require
the prior approval of Teachers Insurance and Annuity Association of America or any other
lender holding a security interest at the Building.
	 
	11.	 	Except as otherwise expressly provided herein, all capitalized terms used herein without
definition shall have the same meanings as are set forth in the Lease.
	 
	12.	 	Except as herein amended the Lease shall remain unchanged and in full force and effect. All
references to the “Lease” shall be deemed to be references to the Lease as herein amended.

[Signature page to follow.]

 

 

     EXECUTED as a sealed instrument as of the date and year first above written.

	 	 	 	 	 	 	 	 	 	 	 
	WITNESS:	 	 	 	 	 	LANDLORD:

BOSTON PROPERTIES LIMITED

PARTNERSHIP	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:
	 	BOSTON PROPERTIES, INC.,	 	 
	 

	 	 	 	 	 	 	 	Its general partner	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	     

	 	/s/ illegible
	 	 	 	By
	 	/s/ Bryan J. Koop	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Name
	 	Bryan J. Koop	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Title
	 	Senior Vice President- Regional Manager	 	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	ATTEST:	 	 	 	 	 	TENANT:

CONSTANT CONTACT, INC.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By

	 	/s/ Robert P. Nault
	 	 	 	By
	 	/s/ Gail F. Goodman	 	 
	 

	 	 
	 	 	 	 	 	 	 	 
	Name

	 	Robert P. Nault
	 	 	 	Name
	 	Gail F. Goodman	 	 
	 	 	 	 	 	 	 	 	 
	Title

	 	SECRETARY or
	 	 	 	Title
	 	PRESIDENT or	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	HEREUNTO DULY AUTHORIZED	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By
	 	/s/ Steven R. Wasserman	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Name
	 	Steven R. Wasserman	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Title
	 	TREASURER or	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	HEREUNTO DULY AUTHORIZED	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	(CORPORATE SEAL)	 	 

 

 

EXHIBIT A

Plan of Fifth Expansion Premises

Intentionally Omitted

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