Document:

Form of Restricted Stock Award Agreement

 Exhibit 10.1.3 

 
 RESTRICTED STOCK AWARD AGREEMENT 

 
 UNDER THE MERCURY COMPUTER SYSTEMS, INC. 

1997 STOCK OPTION PLAN 
  

Name of
Grantee:                               

No. of
Shares:                                     

Grant
Date:                                        
 
 Final Acceptance
Date:                      
  

Pursuant to the Mercury Computer Systems, Inc. 1997 Stock Option Plan (the “Plan”) as amended through the date hereof, Mercury
Computer Systems, Inc. (the “Company”) hereby grants a Restricted Stock Award (an “Award”) to the Grantee named above. Upon acceptance of this Award, the Grantee shall receive the number of shares of Common Stock, par value $0.01
per share (the “Stock”), of the Company specified above, subject to the restrictions and conditions set forth herein and in the Plan. 
  

1. Acceptance of Award. The Grantee shall have no rights with respect to this Award unless he or she shall have accepted this Award
prior to the close of business on the Final Acceptance Date specified above by (i) signing and delivering to the Company a copy of this Award Agreement and (ii) delivering to the Company a stock power endorsed in blank. Upon acceptance of this Award
by the Grantee, certificates evidencing the shares of Restricted Stock so accepted shall be issued and delivered to the Grantee, and the Grantee’s name shall be entered as the stockholder of record on the books of the Company. Thereupon, the
Grantee shall have all the rights of a shareholder with respect to such shares, including voting and dividend rights, subject, however, to the restrictions and conditions specified in Paragraph 2 below. 

 
 2. Restrictions and Conditions. 

 
 (a) Certificates evidencing the shares of Restricted Stock
granted herein shall bear an appropriate legend, as determined by the Administrator in its sole discretion, to the effect that such shares are subject to restrictions as set forth herein and in the Plan. 

 
 (b) Shares of Restricted Stock granted herein may not be
sold, assigned, transferred, pledged or otherwise encumbered or disposed of by the Grantee prior to vesting. 
  

(c) [If the Grantee ceases to serve the Company as both employee and director] [If the Grantee’s employment with the Company and its
Subsidiaries is voluntarily or involuntarily terminated] for any reason (including death) prior to vesting of shares of Restricted Stock granted herein, all non-vested shares shall be automatically forfeited to the Company. 

 
 3. Vesting of Restricted Stock. The restrictions and
conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to
the number of shares of Restricted Stock specified as vested on such date. 

			
	                 Number of

Shares of Restricted Stock Vested

	  	Vesting Date

	
                    
         (    %)
	  	                     
	                     
         (    %)
	  	                     
	
                    
         (    %)
	  	                     
	
                    
         (    %)
	  	                     
	
                    
         (    %)
	  	                     

 
 Subsequent to such Vesting Date or Dates, the shares of Stock
on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. 
  

4. Dividends. Dividends on Shares of Restricted Stock shall be paid currently to the Grantee. 

 
 5. Incorporation of Plan. Notwithstanding anything
herein to the contrary, this Agreement shall be subject to and governed by all the terms and conditions of the Plan, including the powers of the Administrator set forth in Section 3 of the Plan. Capitalized terms in this Agreement shall have the
meaning specified in the Plan, unless a different meaning is specified herein. 
  

6. Transferability. This Agreement is personal to the Grantee, is non-assignable and is not transferable in any manner, by
operation of law or otherwise, other than by will or the laws of descent and distribution. 
  

7. Tax Withholding. The Grantee shall, not later than the date as of which the receipt of this Award becomes a taxable event for
Federal income tax purposes, pay to the Company or make arrangements satisfactory to the Administrator for payment of any Federal, state, and local taxes required by law to be withheld on account of such taxable event. The Grantee may elect to have
the required minimum tax withholding obligation satisfied, in whole or in part, by (i) authorizing the Company to withhold from shares of Stock to be issued, or (ii) transferring to the Company, a number of shares of Stock with an aggregate Fair
Market Value that would satisfy the withholding amount due. 
  

8. Miscellaneous. 
  

(a) Notice hereunder shall be given to the Company at its principal place of business, and shall be given to the Grantee at the address
set forth below, or in either case at such other address as one party may subsequently furnish to the other party in writing. 
  

 2 

 (b) This Agreement does not confer upon the Grantee any rights with respect to continuation
of employment by the Company or any Subsidiary. 
  

			
	 MERCURY COMPUTER SYSTEMS, INC.

		
	 By:
	 	  

	 Title:
	 	 

  

The foregoing Agreement is hereby accepted and the terms and conditions thereof hereby agreed to by the undersigned. 

 

			
	 Dated:
                            
	 	  

	 	 	 Grantee’s Signature

		
	 	 	 Grantee’s name and address:

	 	 	  

	 	 	  

	 	 	  

  

 3Compensation Policy for Non-Employee Directors

 Exhibit 10.10 

MERCURY COMPUTER SYSTEMS, INC. 

Compensation Policy for Non-Employee Directors 

(Effective June 17, 2010) 

Objective 
 It is the
objective of Mercury to compensate non-employee directors in a manner which will enable recruitment and retention of highly qualified directors and fairly compensate them for their services as a director. 

Cash Compensation 
  

			
	 Annual retainer for non-employee directors:
	  	$55,000 per annum, paid quarterly
		
	 Additional annual retainers:
	  	
		
	 Independent Chairman:
	  	$25,000 per annum, paid quarterly
		
	 Chairman of the Audit Committee:
	  	$15,000 per annum, paid quarterly
		
	 Chairman of the Compensation Committee:
	  	$12,000 per annum, paid quarterly
		
	 Chairman of the N&G Committee:
	  	$6,000 per annum, paid quarterly

Directors are entitled to be reimbursed for their reasonable expenses incurred in connection with attendance at Board and committee
meetings. 
 Quarterly retainer payments shall be paid in arrears within 30 days following the end of each quarter. 

Equity Compensation 
 New
non-employee directors will be granted equity awards in connection with their first election to the Board. These awards will be granted by the Board of Directors and will consist of the following components: 

 

	 	1.	Stock options to purchase 15,000 shares of common stock. These awards will vest as to 50% of the covered shares on each of the first two anniversaries of the date of
grant and will expire on the seventh anniversary of the date of grant; and 

  

	 	2.	Restricted stock awards for 10,000 shares of common stock. These awards will vest as to 50% of the covered shares on each of the first two anniversaries of the date of
grant. 

 Non-employee directors may also receive annual equity awards (“Annual Equity Awards”) at the
discretion of the Board of Directors. Beginning with fiscal year 2010, non-employee directors will receive Annual Equity Awards consisting of the following components: 
  

	 	1.	Stock options to purchase 8,000 shares of common stock. These awards will vest as to 50% of the covered shares on the date of grant and as to the remaining covered
shares on the first anniversary of the date of grant, and will expire on the seventh anniversary of the date of grant; and 

  

	 	2.	Restricted stock awards for 5,333 shares of common stock. These awards will vest as to 50% of the covered shares on the date of grant and as to the remaining covered
shares on the first anniversary of the date of grant. 

 Non-employee directors will not be eligible to receive an
Annual Equity Award for the fiscal year in which they are first elected. Non-employee directors who are first elected to the Board during the first half of Company’s fiscal year will be eligible to receive an Annual Equity Award for the next
fiscal year; otherwise, non-employee directors will not be eligible to receive their first Annual Equity Award until the second fiscal year following the fiscal year in which they are first elected to the Board. 

Approved by the Board of Directors, as amended, on June 17, 2010.Time Sharing Agreement

 Exhibit 10.1 

TIME SHARING AGREEMENT 

THIS TIME SHARING AGREEMENT (the “Agreement”) is made and entered into this 18th day of August, 2010, by and between PMI Global
Services Inc., with an address of 180 Airport Rd, Hgr D2, White Plains, NY 10604 (“Operator”) and Louis C. Camilleri, with an address of 120 Park Avenue, New York, New York 10017 (“User”). 

WITNESSETH, that 

WHEREAS, Operator rightfully possesses, uses and operates the aircraft more particularly described on Exhibit A attached hereto
(collectively, the “Aircraft”), which Aircraft are registered with the Federal Aviation Administration Aircraft Registry by Wells Fargo Bank Northwest, National Association, Trustee (“Wells Fargo”); 

WHEREAS, Operator employs a fully qualified flight crew to operate the Aircraft; 

WHEREAS, Operator desires to lease said Aircraft with flight crew to User and User desires to lease said Aircraft and flight crew from
Operator on a time sharing basis pursuant to Section 91.501(b)(6) of the Federal Aviation Regulations (the “FARs”); 

WHEREAS, On July 22, 2010, Operator received Special Authorization from the Department of Transportation (“DOT”) under DOT
Regulation 375.70 to operate the Aircraft pursuant to this Agreement for a period of one (1) year, a copy of which is attached as Exhibit B (the “Special Authorization”); and 

WHEREAS, Wells Fargo acknowledges and consents to this Agreement. 

NOW THEREFORE, Operator and User declaring their intention to enter into and be bound by this Agreement, and for the good and valuable
consideration set forth below, hereby covenant and agree as follows: 
 1. Operator agrees to lease the Aircraft to User
pursuant to the Special Authorization and the provisions of FAR 91.501(b)(6) and to provide a fully qualified flight crew for all operations on a non-continuous basis commencing on the first date set forth hereinabove and continuing so long as the
Special Authorization, or the renewal thereof, is in effect, unless and until earlier terminated. Either party may terminate this Agreement by giving thirty (30) days written notice to the other party. 

2. User shall pay Operator for each flight conducted under this Agreement the actual expenses of each specific flight, including the
actual expense of any “deadhead” flights made for User, as described in DOT Regulation 375.37(d) and FAR 91.501(d), and as permitted by the Special Authorization. The expenses authorized by DOT Regulation 375.37(d) and FAR Part 91.501(d)
include: 

	 	(a)	Fuel, oil, lubricants and other additives. 

  

	 	(b)	Travel expenses of the crew, including food, lodging and ground transportation. 

 

	 	(c)	Hangar and tie down costs away from the Aircrafts’ base of operations. 

 

	 	(d)	Insurance obtained for the specific flight. 

  

	 	(e)	Landing fees, airport taxes and similar assessments. 

  

	 	(f)	Customs, foreign permit and similar fees directly related to the flight. 

  

	 	(g)	In flight food and beverages. 

  

	 	(h)	Passenger ground transportation. 

  

	 	(i)	Flight planning and weather contract services. 

  

	 	(j)	In addition, User shall pay Operator for each such flight and “deadhead” flight the costs of engine maintenance, aircraft cleaning, and, if applicable, any
contracted (temporary) flight crew, which cost shall not exceed 100% of the expenses for fuel, oil, lubricants and other additives. 

3. User agrees to pay any federal transportation excise tax (“FET”) due on the fees set forth in paragraph 2 above. Operator
shall include such amount on each invoice. Operator shall be responsible for collecting, reporting and remitting FET to the U.S. Internal Revenue Service. 

4. Operator will pay all expenses related to the operation of the Aircraft when incurred. User shall pay Operator for said expenses
within thirty (30) days of receipt of an invoice therefore. 
 5. User will provide Operator with requests for flight time
and proposed flight schedules as far in advance of any given flight as possible. Requests for flight time and proposed flight schedules shall be made in compliance with Operator’s scheduling procedures. In addition to proposed schedules and
flight times, User shall provide at least the following information for each proposed flight at some time prior to scheduled departure as required by Operator or Operator’s flight crew. 

 

	 	(a)	Proposed departure point; 

  

	 	(b)	Destination; 

  

	 	(c)	Date and time of flight; 

  

	 	(d)	The number and names of anticipated passengers; 

  

	 	(e)	Designation of each passenger’s trip purpose (personal or business); 

  

	 	(f)	The nature and extent of unusual luggage and/or cargo to be carried; 

  

	 	(g)	The date and time of a return flight, if any; and 

  

	 	(h)	Any other information concerning the proposed flight that may be pertinent or required by Operator or Operators flight crew. 

6. Operator shall pay all expenses related to the ownership and operation of the Aircraft and shall employ, pay for and provide to User a
qualified flight crew for each flight made under this Agreement. Operator shall carry a copy of this Agreement and the Special Authorization on board the Aircraft for all operations hereunder. 

 

 2 

 7. Operator shall be solely responsible for securing maintenance, preventive maintenance and
required or otherwise necessary inspections on the Aircraft, and shall take such requirements into account in scheduling the Aircraft. No period of maintenance, preventive maintenance or inspection shall be delayed or postponed for the purpose of
scheduling the Aircraft, unless said maintenance or inspection can be safely conducted at a later time in compliance with all applicable laws and regulations, and within the sound discretion of the pilot in command. 

8. In accordance with applicable FARs, the flight crew will exercise all of its duties and responsibilities in regard to the safety of
each flight conducted hereunder. User specifically agrees that the pilot in command, in his sole discretion, may terminate any flight, refuse to commence any flight, or take other action which in the considered judgment of the pilot in command is
necessitated by considerations of safety. 
 9. Operator will provide such additional insurance coverage as User shall request
or require; provided, however, that the cost of such additional insurance may be borne by User as set forth in paragraph 2(d) hereof. 

10. User warrants that: 
  

	 	(a)	He will use the Aircraft for and on account of his own personal business or pleasure only, and will not use the Aircraft for the purposes of providing transportation
for passengers or cargo in air commerce for compensation or hire; and 

  

	 	(b)	During the term of this Agreement, he will abide by and conform to all such laws, governmental and airport orders, rules and regulations, as shall from time to time be
in effect relating in any way to the operation and use of the Aircraft by a time sharing User. 

 11. Neither this
Agreement nor either party’s interest herein shall be assignable to any other party. This Agreement shall inure to the benefit of and be binding upon the parties hereto, their heirs, representatives and successors. 

12. No provision of this Agreement may be amended unless such amendment is agreed to in writing and signed by the parties. 

13. Nothing herein shall be construed to create a partnership, joint venture, franchise, employer-employee relationship or to create any
relationship of principal and agent. 
 14. This Agreement shall be governed by and construed in accordance with the laws of the
State of New York, without regard to its choice of law provisions. 
  

 3 

 15. TRUTH IN LEASING STATEMENT UNDER SECTION 91.23 OF THE FEDERAL AVIATION REGULATIONS.

 (A) PMI GLOBAL SERVICES INC. (“OPERATOR”) HEREBY CERTIFIES THAT THE AIRCRAFT HAVE BEEN INSPECTED AND MAINTAINED
WITHIN THE 12 MONTH PERIOD PRECEDING THE DATE OF THIS AGREEMENT IN ACCORDANCE WITH THE PROVISIONS OF FAR PART 91 AND ALL APPLICABLE REQUIREMENTS FOR THE MAINTENANCE AND INSPECTION THEREUNDER HAVE BEEN MET. 

(B) PMI GLOBAL SERVICES INC. (“OPERATOR”) AGREES, CERTIFIES AND KNOWINGLY ACKNOWLEDGES THAT WHEN THE AIRCRAFT ARE OPERATED UNDER
THIS AGREEMENT, IT SHALL BE KNOWN AS, CONSIDERED, AND SHALL IN FACT BE THE OPERATOR OF THE AIRCRAFT. 
 (C) THE PARTIES
UNDERSTAND THAT AN EXPLANATION OF FACTORS AND PERTINENT FEDERAL AVIATION REGULATIONS BEARING ON OPERATIONAL CONTROL CAN BE OBTAINED FROM THE LOCAL FLIGHT STANDARDS DISTRICT OFFICE. 

(D) OPERATOR CERTIFIES THAT IT SHALL COMPLY WITH THE TRUTH-IN-LEASING REQUIREMENTS DEFINED IN EXHIBIT C ATTACHED HERETO.

 IN WITNESS WHEREOF, the parties hereto have caused the signatures of their authorized representatives to be affixed below on
the day and year first above written. The persons signing below warrant their authority to sign. 
  

									
	Operator:	 		 		 	User:
				
	PMI GLOBAL SERVICES INC.	 		 		 	
				
	By:	 	 /s/ James R. West
	 		 	 /s/ Louis C. Camilleri

	Name:	 	 James R. West
	 		 	Name:	 	 Louis C. Camilleri

	Title:	 	 Vice President
	 		 		 	

  

 4 

 ACKNOWLEDGED AND AGREED: 

WELLS FARGO BANK NORTHWEST, NATIONAL ASSOCIATION, not in its individual capacity but solely as trustee of that certain trust created under the Trust
Agreement dated as of January 8, 2008 
  

			
	By:	 	/s/ Michael Arsenault
	Name:	 	 Michael Arsenault

	Title:	 	 Assistant Vice President

 

 5 

 EXHIBIT A 

 

					
	 Registration

Number
	  	 Serial

Number
	  	 Aircraft Description

			
	N607PM	  	5146	  	Gulfstream Aerospace GV-SP (G550)
	N609PM	  	5086	  	Gulfstream Aerospace GV-SP (G550)

  

 6 

 Exhibit B 

 

 

  

			
	U.S. Department of	 	 1200 New Jersey Avenue, S.E.

	Transportation	 	 Washington, D.C. 20590

	 Office of the Secretary
 of
Transportation
	 	

  

			
		 
		 	Issue date: July 22, 2010
		 
	Ms. Joanne Barbera	 	Authority expires: July 22, 2011
	Counsel for PMI Global Services Inc.	 	 
	Barbera & Watkins, LLC	 	 
	6701 W.
64th Street, Suite 315	 	  

	Overland Park, Kansas 66202	 	 Director, Office of International Aviation

  

 SPECIAL AUTHORIZATION

 Effective July 22, 2010, and terminating July 22, 2011, permission is granted under 14 CFR §375.70 of the
Department’s regulations to PMI Global Services Inc., to the extent necessary to permit it to engage in the time-sharing activities described below, using the following U.S.-registered foreign civil aircraft: 

Gulfstream GV-SP, registration N607PM 

Gulfstream GV-SP, registration N609PM 

In the conduct of the authorized time-sharing operations, PMI Global, as the operator, may carry up to three individual officers of PMI Global
Service’s parent corporation, Philip Morris International Inc., for personal travel on flights into, out of, and within the United States during the term of this authority. These operations are deemed to be business aviation activities within
the meaning of §375.37 to the extent that these three Philip Morris officers are eligible for this personal travel for reasons of security and personal safety under a formal resolution approved by the Board of Philip Morris, and/or as a part of
these officers’ compensation package from the company. PMI Global Services may collect charges from the individuals only as provided in §375.37(d). 

In the conduct of the operations authorized above, PMI Global Services must (1) comply with all applicable requirements of 14 CFR Part 375;
(2) comply with all applicable requirements of the Federal Aviation Administration contained in the Federal Aviation Regulations (including 14 CFR Part 91), and applicable Orders of the Federal Aviation Administration; (3) comply with all
applicable U.S. Government requirements concerning security; and (4) carry on board the aircraft a copy of this permit. For information concerning requirements of the Federal Aviation Administration, PMI Global Services should contact the
FAA’s Flight Standards Service in Washington, D.C. at (202) 385-4510. 
 This action is taken under assigned authority (14 CFR
§385.13(m)). Persons entitled to petition the Department for review of this action under the Department’s regulations, 14 CFR §385.30, should file their petitions within seven days of the date of this action. This action is effective
immediately, and the filing of a petition for review will not alter its effectiveness. 

*  *  *  *  *  *  *  *  *  *  * 
 *  *  *  * 
  

 7 

 EXHIBIT C 

INSTRUCTIONS FOR COMPLIANCE WITH 

TRUTH IN LEASING REQUIREMENTS 
  

	1.	Mail a copy of the Agreement to the following address via certified mail, return receipt requested, immediately upon execution of the agreement (14 C.F.R. 91.23
requires that the copy be sent within twenty-four (24) hours after it is signed): 

 Federal Aviation
Administration 
 Aircraft Registration Branch 

ATTN: Technical Section 

P.O. Box 25724 

Oklahoma City, Oklahoma 73125 
  

	2.	Telephone or fax the nearest Flight Standards District Office at least forty-eight (48) hours prior to the first flight of each Aircraft made under this Agreement.

  

	3.	Carry a copy of the Agreement in the Aircraft at all times when the Aircraft is being operated under the Agreement. 

 

 8

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00177-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00177-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00177-of-00352.parquet"}]]