Document:

Form of 2009 Grant Agreement

 Exhibit 10.1 
 FISCAL YEAR              
 BONUS
AGREEMENT 
 UNDER THE 
 2007 EXECUTIVE INCENTIVE PLAN 
 This CRYOLIFE, INC. FISCAL YEAR
             EXECUTIVE INCENTIVE PLAN BONUS AGREEMENT (this “Agreement”) was adopted by the Plan Committee pursuant to the CryoLife, Inc. (the
“Company”) 2007 Executive Incentive Plan (the “Plan”) (a copy of which is attached as Exhibit 1) and agreed to by the Company and
             (“Executive”) effective             . This Agreement is effective for the
fiscal year ending December 31,          (the “Plan Year”). Capitalized terms used but not otherwise defined herein shall have the meanings given them in the Plan.

 1. Calculation of Bonus. Subject to the further adjustments, limitations and additions provided for in the Plan and this
Agreement, Executive’s bonus for the              fiscal year shall be computed as set forth on Exhibit 2 attached hereto. 
 2. Term of Agreement. This Agreement shall be effective only for the Plan Year (i.e., the fiscal year ending December 31,
        ). 
 3. No Employment Arrangement Implied. Nothing in this Agreement or
the Plan shall imply any right of Employment for Executive, and except as set forth in Section 10 of the Plan with respect to a Change of Control or as otherwise determined by the Committee, in its discretion, or contained in any other
agreement between Executive and the Company, which shall not be affected hereby, if Executive is terminated, voluntarily or involuntarily, with or without cause, prior to the end of the Plan Year, Executive shall not be entitled to any bonus for the
Plan Year regardless of whether or not such bonus had been or would have been earned in whole or in part, but any unpaid bonus earned with respect to a prior fiscal year shall not be affected. 
 4. Plan Provisions shall Govern. This Agreement is subject to and governed by the Plan and in the case of any conflict between the terms of
this Agreement and the contents of the Plan, the terms of the Plan will control. 
 5. Governing Law. The interpretation,
construction and performance of this Agreement shall be governed by and construed and enforced in accordance with the internal laws of the State of Georgia without regard to the principle of conflict of laws. 
 6. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed to be an original and all of which together
shall constitute one and the same instrument. 
 7. Severability. Provided the other provisions of this Agreement do not
frustrate the purpose and intent of the law, in the event that any portion of this Agreement shall be determined to be invalid or unenforceable to any extent, the same shall to that extent be deemed severable from this Agreement, and the invalidity
or unenforceability thereof shall not affect the validity and enforceability of the remaining portion of this Agreement. 
 8.
Amendment and Termination. The Company may amend this Agreement, at any time prior to the payment of the bonus, without the approval of Executive. Notwithstanding anything to the contrary contained in this Agreement, the Company may
terminate this Agreement at any time prior to the payment of the bonus and Executive shall not be entitled to any bonus under this Agreement for the Plan Year regardless of when this Agreement is terminated. 
  

 1 

 IN WITNESS WHEREOF, the Company has caused this Agreement to be executed by a duly authorized officer of
the Company and Executive has executed this Agreement as of the day and year first written above. 
  

									
	CRYOLIFE, INC.	 		 	EXECUTIVE	 	
					
	By:	 	  
	 		 	  
	 	
	Title:	 	  
	 		 	  
	 	

  

 2 

 EXHIBIT 1 
 “PLAN” 
  

 3 

 EXHIBIT 2 
  
  
 Executive may earn an additional percentage of Executive’s base salary based on three components: (i) the Company attaining specified adjusted revenue targets; (ii) the Company attaining specified
adjusted net income targets and (iii) the Executive’s personal performance review. Executive’s target bonus of             % is based on the achievement of
            % of target in each of the three components (            % for Adjusted Revenues,
            % for Adjusted Net Income,             % for Personal Performance). 
 No bonus is payable in a given category if the specified minimum set forth below in that category is not obtained. Subject to the provisions of the Plan and the
discretion of the Committee, all bonuses will be paid in cash. Details regarding bonus calculation are set forth below, with the             % target level bolded for ease of
reference (data points shown in the tables, other than the minimum and maximum levels, are representative only, and a pro rata portion of the bonus shall be earned for performance achieved that falls between the data points shown): 
  

																					
	Adjusted Revenues*
	 Adjusted Revenue*
	  	$            	  	$            	  	$            	  	$            	  	$            	  	$            	  	$            	  	$            	  	$            	  	$            
	  
 Target (in thousands)
  
	  	  
 Minimum
 Level
  
	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	  
 Maximum
 Level
  

	 Bonus
Payable
  
	  	$              
	  	$              
	  	$              
	  	$              
	  	$              
	  	$              
	  	$              
	  	$              
	  	$              
	  	$              

 * Adjusted Revenues are fiscal 2009 Company revenues from (i) cardiac and vascular allograft tissue
processing, (ii) BioGlue and related product sales, and (iii) Hemostase sales. 
  

 4 

																							
	Adjusted Net Income*
	 Adjusted Net Income* Target (in thousands)
  
	  	$            
Minimum
Level  
	  	$            	  	$            	  	$            	  	$            	  	$            	  	$            	  	$            	  	$            	  	$            	  	$            **
	 Bonus Payable
  
	  	$              
	  	$              
	  	$              
	  	$              
	  	$              
	  	$              
	  	$              
	  	$              
	  	$              
	  	$              
	  	$              

  

	*	Adjusted Net Income is GAAP net income for             , exclusive of interest expense, interest income, stock
compensation expense (other than stock compensation expense related to the bonus plan), R&D expense (excluding salaries and related expenses), other income and expense, income taxes, and charges related to acquisitions.

  

	**	There is no maximum level for adjusted net income. Achievement of adjusted net income above this level will result in bonus payments on a sliding scale consistent with the above
payment ratios. 

  

									
	  	  	Personal
Performance
	 Personal
Performance Rating
	  	4 or higher	  	3
 Minimum
 Level
	  	2	  	1
 Maximum

 Level

	 Bonus Payable
  
	  	$0  
	  	$              
	  	$              
	  	$              

  

 5Forms of Agreement Regarding Senior Convertible Notes of I-Many, Inc

 Exhibit 10.1 
 AGREEMENT REGARDING SENIOR CONVERTIBLE NOTES OF 
 I-MANY, INC. 
 This AGREEMENT REGARDING SENIOR CONVERTIBLE NOTES (this “Agreement”) is made as of the      day of April, 2009 by
                     (the “Holder”). 
 WHEREAS, I-many, Inc. (the “Company”) has issued to the Holder one or more convertible promissory notes dated December 31, 2007 (individually and collectively, the
“Note”); and 
 WHEREAS, the Company has disclosed to the Holder in confidence that it is contemplating a transaction
that would, if consummated, result in a Change of Control in which the Holder may elect to be paid in full for all amounts due under the Note, and the Company wishes to have the Holder so elect and also take or forbear from taking certain actions
with respect to such Change of Control. 
 NOW, THEREFORE, the Holder hereby agrees as follows: 
 1.    Effectiveness. 
 The
provisions of this Agreement shall become effective concurrently with and only upon the effectiveness of a definitive agreement providing for a Change of Control. 
 2.    Election to Redeem. 
 The Holder hereby elects to require the Company to redeem the Note in
full, including the entire Conversion Amount payable under the Note and all accrued and unpaid Interest thereon outstanding under the Note, at the Change of Control Redemption Price. Such election shall be automatically effective upon the delivery
by the Company to the Holder of a Change of Control Notice and such redemption shall be effective upon the occurrence of the Change of Control. 
 3.    Forbearance. 
  

	1.	The Holder agrees, during the Forbearance Period (defined below), to forbear from taking any action to declare all or any portion of the Conversion Amount of the Notes, or any
accrued and unpaid Interest thereon, due and payable. 

  

	2.	The Holder agrees, during the Forbearance Period, to forbear from requiring the Company to redeem all or any portion of the Note. 

  

	3.	The term “Forbearance Period” shall mean the period beginning on the occurrence of an event described in Section 4(a)(i) of the Note and ending upon the first
to occur of (i) the consummation of the Change of Control or (ii) the termination of the definitive agreement providing for the Change of Control, without there being in conjunction with such termination the signing of another definitive
agreement that also provides for a Change of Control in which the Holder will be paid in full. 

  

 1 

 4.    Miscellaneous. 
  

	1.	This Agreement shall be binding on the successors and assigns of the Holder, including without limitation any purchaser or transferee of the Note from the Holder, and shall inure to
the benefit of the successors and assigns of the Company. 

  

	2.	This Agreement shall be governed in all respects by the internal laws of the state of New York, without giving effect to any choice of law or conflict of law provision or rule
(whether of the State of New York or any other jurisdictions) that would cause the application of the laws of any jurisdiction other than the State of New York. 

  

	3.	Signature pages to this Agreement received by facsimile shall be considered originals. Capitalized terms not otherwise defined herein shall have the meaning set forth in the Note.

  

	4.	The Holder hereto agrees to do all acts and to make, execute and deliver such written instruments as shall from time to time be reasonably required to carry out the terms and
provisions of this Agreement. 

 IN WITNESS WHEREOF, the Holder has caused this Agreement to be duly executed on its behalf as
of the date first written above. 
  

					
	HOLDER:	 	 	 	 
			
		 	By:	 	 
		 	Name:	 	 
		 	Title:	 	 

  

 2 

 AGREEMENT REGARDING SENIOR CONVERTIBLE NOTES OF 
 I-MANY, INC. 
 This AGREEMENT REGARDING SENIOR CONVERTIBLE NOTES (this “Agreement”) is made as of the     th day of April, 2009 by                     . (the “Holder”). 
 WHEREAS, I-many, Inc. (the “Company”) has issued to the Holder one or more convertible promissory notes dated December 31,
2007 (individually and collectively, the “Note”); and 
 WHEREAS, the Company has disclosed to the Holder in
confidence that it is contemplating a transaction that would, if consummated, result in a Change of Control in which the Holder may elect to be paid in full for all amounts due under the Note, and the Company wishes to have the Holder so elect and
also take or forbear from taking certain actions with respect to such Change of Control. 
 NOW, THEREFORE, the Holder hereby agrees
as follows: 
 1.    Effectiveness. 
 This Agreement shall become effective concurrently with and only upon the execution by 11:59 pm, New York City time, on May 12, 2009, of a definitive agreement with respect to a Change of Control (a “Definitive Agreement”).
Notwithstanding anything to the contrary in this Agreement, (a) this Agreement shall terminate if a Definitive Agreement is not executed by 11:59 pm, New York City time, on May 12, 2009 and (b) this Agreement shall terminate six
(6) months after it becomes effective. 
 2.    Election to Redeem. 
 The Holder hereby elects to require the Company to redeem the Note in full, including the entire principal outstanding under the Note (the Conversion Amount) and all
accrued and unpaid Interest thereon outstanding under the Note. Such election shall be automatically effective upon the delivery by the Company to the Holder of a Change of Control Notice and such redemption shall be effective upon the occurrence of
the Change of Control. 
 3.    Forbearance. 
  

	a)	The Holder agrees, during the Forbearance Period (defined below), to forbear from taking any action to declare all or any portion of the Conversion Amount of the Notes, or any
accrued and unpaid Interest thereon, due and payable. 

  

	b)	The Holder agrees, during the Forbearance Period, to forbear from requiring the Company to redeem all or any portion of the Note. 

  

	c)	 The term “Forbearance Period” shall mean the period beginning on the occurrence of an event described in Section 4(a)(i) of the Note and
ending upon the first to occur of (i) the consummation of the Change of Control or (ii) the termination of the Definitive Agreement providing for the Change of Control, without there being in conjunction with such 

  

 3 

	 	 
termination the signing of another definitive agreement that also provides for a Change of Control in which the Holder will be paid in full.

 4.    Miscellaneous. 
  

	a)	This Agreement shall be binding on the successors and assigns of the Holder, including without limitation any purchaser or transferee of the Note from the Holder, and shall inure to
the benefit of the successors and assigns of the Company. 

  

	b)	This Agreement shall be governed in all respects by the internal laws of the state of New York, without giving effect to any choice of law or conflict of law provision or rule
(whether of the State of New York or any other jurisdictions) that would cause the application of the laws of any jurisdiction other than the State of New York. 

  

	c)	Signature pages to this Agreement received by facsimile shall be considered originals. Capitalized terms not otherwise defined herein shall have the meaning set forth in the Note.

  

	d)	The Holder hereto agrees to do all acts and to make, execute and deliver such written instruments as shall from time to time be reasonably required to carry out the terms and
provisions of this Agreement. 

  

	e)	The Company hereby represents and warrants as of the date hereof and covenants and agrees as of the date hereof that none of the terms offered to any of the other holders of Notes
with respect to any amendment, settlement or waiver (each a “Settlement Document”) relating to the terms, conditions and transactions contemplated hereby, is or will be more favorable to such other holder than those of the Holder and, if
the foregoing representation, warranty, covenant and agreement has been breached, then this Agreement shall be, without any further action by the Holder or the Company, deemed amended and modified in an economically and legally equivalent manner
such that the Holder shall receive the benefit of the more favorable terms contained in such Settlement Document. 

 IN WITNESS
WHEREOF, the Holder has caused this Agreement to be duly executed on its behalf as of the date first written above. 
  

					
	HOLDER:	 	NAME	 	
			
		 	By:	 	 
		 	Name:	 	 
		 	Title:	 	 

  

 4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00157-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00157-of-00352.parquet"}]]