Document:

exv4w11

 

Exhibit 4.11

THE MERIDIAN RESOURCE CORPORATION

2007 LONG-TERM INCENTIVE PLAN

 

 

THE MERIDIAN RESOURCE CORPORATION

2007 LONG-TERM INCENTIVE PLAN

	 	 	 	 	 	 	 	 	 
	ARTICLE I ESTABLISHMENT, PURPOSE AND DURATION	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	1.1	 	Establishment	 	 	1	 
	 
	 	1.2	 	Purpose of the Plan	 	 	1	 
	 
	 	1.3	 	Duration of the Plan	 	 	1	 
	 
	 	 	 	 	 	 	 	 
	ARTICLE II DEFINITIONS	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	2.1	 	Affiliate	 	 	1	 
	 
	 	2.2	 	Award	 	 	1	 
	 
	 	2.3	 	Award Agreement	 	 	1	 
	 
	 	2.4	 	Board	 	 	2	 
	 
	 	2.5	 	Code	 	 	2	 
	 
	 	2.6	 	Committee	 	 	2	 
	 
	 	2.7	 	Company	 	 	2	 
	 
	 	2.8	 	Corporate Change	 	 	2	 
	 
	 	2.9	 	Disability	 	 	2	 
	 
	 	2.10	 	Dividend Equivalent	 	 	2	 
	 
	 	2.11	 	Effective Date	 	 	2	 
	 
	 	2.12	 	Employee	 	 	2	 
	 
	 	2.13	 	Fair Market Value	 	 	2	 
	 
	 	2.14	 	Fiscal Year	 	 	2	 
	 
	 	2.15	 	Holder	 	 	2	 
	 
	 	2.16	 	ISO	 	 	2	 
	 
	 	2.17	 	Minimum Statutory Tax Withholding Obligation	 	 	2	 
	 
	 	2.18	 	NSO	 	 	3	 
	 
	 	2.19	 	Option	 	 	3	 
	 
	 	2.20	 	Optionee	 	 	3	 
	 
	 	2.21	 	Option Price	 	 	3	 
	 
	 	2.22	 	Parent Corporation	 	 	3	 
	 
	 	2.23	 	Performance Goals	 	 	3	 
	 
	 	2.24	 	Performance Stock Award	 	 	3	 
	 
	 	2.25	 	Performance Unit Award	 	 	3	 
	 
	 	2.26	 	Period of Restriction	 	 	3	 
	 
	 	2.27	 	Plan	 	 	3	 
	 
	 	2.28	 	Restricted Stock	 	 	3	 
	 
	 	2.29	 	Restricted Stock Award	 	 	3	 
	 
	 	2.30	 	RSU	 	 	3	 
	 
	 	2.31	 	RSU Award	 	 	3	 
	 
	 	2.32	 	SAR	 	 	3	 
	 
	 	2.33	 	Section 409A	 	 	3	 
	 
	 	2.34	 	Stock	 	 	3	 
	 
	 	2.35	 	Subsidiary Corporation	 	 	4	 
	 
	 	2.36	 	Substantial Risk of Forfeiture	 	 	4	 
	 
	 	2.37	 	Ten Percent Stockholder	 	 	4	 
	 
	 	2.38	 	Termination of Employment	 	 	4	 

-i- 

 

	 	 	 	 	 	 	 	 	 
	ARTICLE III ELIGIBILITY AND PARTICIPATION	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	3.1	 	Eligibility	 	 	4	 
	 
	 	3.2	 	Participation	 	 	4	 
	 
	 	 	 	 	 	 	 	 
	ARTICLE IV GENERAL PROVISIONS RELATING TO AWARDS	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	4.1	 	Authority to Grant Awards	 	 	4	 
	 
	 	4.2	 	Dedicated Shares; Maximum Awards	 	 	5	 
	 
	 	4.3	 	Shares That Count Against Limit	 	 	5	 
	 
	 	4.4	 	Non-Transferability	 	 	5	 
	 
	 	4.5	 	Requirements of Law	 	 	6	 
	 
	 	4.6	 	Changes in the Company’s Capital Structure	 	 	6	 
	 
	 	4.7	 	Election Under Section 83(b) of the Code	 	 	9	 
	 
	 	4.8	 	Forfeiture Events	 	 	9	 
	 
	 	4.9	 	Award Agreements	 	 	9	 
	 
	 	4.10	 	Amendments of Award Agreements	 	 	9	 
	 
	 	4.11	 	Rights as Stockholder	 	 	9	 
	 
	 	4.12	 	Issuance of Shares of Stock	 	 	9	 
	 
	 	4.13	 	Restrictions on Stock Received	 	 	9	 
	 
	 	4.14	 	Compliance With Section 409A	 	 	10	 
	 
	 	 	 	 	 	 	 	 
	ARTICLE V OPTIONS	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	5.1	 	Authority to Grant Options	 	 	10	 
	 
	 	5.2	 	Type of Options Available	 	 	10	 
	 
	 	5.3	 	Option Agreement	 	 	10	 
	 
	 	5.4	 	Option Price	 	 	10	 
	 
	 	5.5	 	Duration of Option	 	 	10	 
	 
	 	5.6	 	Amount Exercisable	 	 	10	 
	 
	 	5.7	 	Exercise of Option	 	 	10	 
	 
	 	5.8	 	Notification of Disqualifying Disposition	 	 	11	 
	 
	 	5.9	 	No Rights as Stockholder	 	 	11	 
	 
	 	5.10	 	$100,000 Limitation on ISOs	 	 	11	 
	 
	 	 	 	 	 	 	 	 
	ARTICLE VI STOCK APPRECIATION RIGHTS	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	6.1	 	Authority to Grant SAR Awards	 	 	11	 
	 
	 	6.2	 	General Terms	 	 	11	 
	 
	 	6.3	 	SAR Agreement	 	 	12	 
	 
	 	6.4	 	Term of SAR	 	 	12	 
	 
	 	6.5	 	Exercise of SAR	 	 	12	 
	 
	 	6.6	 	Payment of SAR Amount	 	 	12	 
	 
	 	6.7	 	Termination of Employment	 	 	12	 
	 
	 	 	 	 	 	 	 	 
	ARTICLE VII RESTRICTED STOCK AWARDS	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	7.1	 	Restricted Stock Awards	 	 	12	 
	 
	 	7.2	 	Restricted Stock Award Agreement	 	 	13	 
	 
	 	7.3	 	Holder’s Rights as Stockholder	 	 	13	 
	 
	 	 	 	 	 	 	 	 
	ARTICLE VIII RESTRICTED STOCK UNIT AWARDS	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	8.1	 	Authority to Grant RSU Awards	 	 	13	 
	 
	 	8.2	 	RSU Award	 	 	13	 

-ii- 

 

	 	 	 	 	 	 	 	 	 
	 
	 	8.3	 	RSU Award Agreement	 	 	13	 
	 
	 	8.4	 	Dividend Equivalents	 	 	13	 
	 
	 	8.5	 	Form of Payment Under RSU Award	 	 	13	 
	 
	 	8.6	 	Time of Payment Under RSU Award	 	 	13	 
	 
	 	 	 	 	 	 	 	 
	ARTICLE IX PERFORMANCE STOCK AWARDS AND PERFORMANCE UNIT AWARDS	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	9.1	 	Authority to Grant Performance Stock Awards and Performance Unit Awards	 	 	14	 
	 
	 	9.2	 	Performance Goals	 	 	14	 
	 
	 	9.3	 	Time of Establishment of Performance Goals	 	 	15	 
	 
	 	9.4	 	Written Agreement	 	 	15	 
	 
	 	9.5	 	Form of Payment Under Performance Unit Award	 	 	15	 
	 
	 	9.6	 	Time of Payment Under Performance Unit Award	 	 	15	 
	 
	 	9.7	 	Holder’s Rights as Stockholder With Respect to a Performance Stock Award	 	 	15	 
	 
	 	9.8	 	Increases Prohibited	 	 	15	 
	 
	 	9.9	 	Stockholder Approval	 	 	15	 
	 
	 	9.10	 	Dividend Equivalents	 	 	15	 
	 
	 	 	 	 	 	 	 	 
	ARTICLE X SUBSTITUTION AWARDS	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	ARTICLE XI ADMINISTRATION	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	11.1	 	Awards	 	 	16	 
	 
	 	11.2	 	Authority of the Committee	 	 	16	 
	 
	 	11.3	 	Decisions Binding	 	 	17	 
	 
	 	11.4	 	No Liability	 	 	17	 
	 
	 	 	 	 	 	 	 	 
	ARTICLE XII AMENDMENT OR TERMINATION OF PLAN	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	12.1	 	Amendment, Modification, Suspension, and Termination	 	 	17	 
	 
	 	12.2	 	Awards Previously Granted	 	 	17	 
	 
	 	 	 	 	 	 	 	 
	ARTICLE XIII MISCELLANEOUS	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	13.1	 	Unfunded Plan/No Establishment of a Trust Fund	 	 	17	 
	 
	 	13.2	 	No Employment Obligation	 	 	17	 
	 
	 	13.3	 	Tax Withholding	 	 	18	 
	 
	 	13.4	 	Gender and Number	 	 	18	 
	 
	 	13.5	 	Severability	 	 	18	 
	 
	 	13.6	 	Headings	 	 	18	 
	 
	 	13.7	 	Other Compensation Plans	 	 	18	 
	 
	 	13.8	 	Other Awards	 	 	19	 
	 
	 	13.9	 	Successors	 	 	19	 
	 
	 	13.10	 	Law Limitations/Governmental Approvals	 	 	19	 
	 
	 	13.11	 	Delivery of Title	 	 	19	 
	 
	 	13.12	 	Inability to Obtain Authority	 	 	19	 
	 
	 	13.13	 	Investment Representations	 	 	19	 
	 
	 	13.14	 	Persons Residing Outside of the United States	 	 	19	 
	 
	 	13.15	 	Governing Law	 	 	19	 

-iii- 

 

THE MERIDIAN RESOURCE CORPORATION

2007 LONG-TERM INCENTIVE PLAN

ARTICLE I

ESTABLISHMENT, PURPOSE AND DURATION

     1.1 Establishment. The Company hereby establishes an incentive compensation plan,
to be known as “The Meridian Resource Corporation 2007 Long-Term Incentive Plan,” as set forth in
this document. The Plan permits the grant of Options, SARs, Restricted Stock, RSUs, Performance
Stock Awards and Performance Unit Awards. The Plan shall become effective on the later of (a) the
date the Plan is approved by the Board and (b) the date the Plan is approved by the stockholders of
the Company (the “Effective Date”).

     1.2 Purpose of the Plan. The Plan is intended to advance the best interests of the
Company, its Affiliates and its stockholders by providing those Employees who have substantial
responsibility for the management and growth of the Company and its Affiliates with additional
performance incentives and an opportunity to obtain or increase their proprietary interest in the
Company, thereby encouraging them to continue in their employment with the Company or its
Affiliates.

     1.3 Duration of the Plan. The Plan shall continue indefinitely until it is
terminated pursuant to Section 12.1. No ISOs may be granted under the Plan on or after the tenth
anniversary of the Effective Date. The applicable provisions of the Plan will continue in effect
with respect to an Award granted under the Plan for as long as such Award remains outstanding.

ARTICLE II

DEFINITIONS

     The words and phrases defined in this Article shall have the meaning set out below throughout
the Plan, unless the context in which any such word or phrase appears reasonably requires a
broader, narrower or different meaning.

     2.1 “Affiliate” means any corporation, partnership, limited liability company or
association, trust or other entity or organization which, directly or indirectly, controls, is
controlled by, or is under common control with, the Company. For purposes of the preceding
sentence, “control” (including, with correlative meanings, the terms “controlled by” and “under
common control with”), as used with respect to any entity or organization, shall mean the
possession, directly or indirectly, of the power (a) to vote more than fifty percent (50%) of the
securities having ordinary voting power for the election of directors of the controlled entity or
organization, or (b) to direct or cause the direction of the management and policies of the
controlled entity or organization, whether through the ownership of voting securities or by
contract or otherwise.

     2.2 “Award” means, individually or collectively, a grant under the Plan of Options,
SARs, Restricted Stock, RSUs, Performance Stock Awards and Performance Unit Awards, in each case
subject to the terms and provisions of the Plan.

     2.3 “Award Agreement” means an agreement that sets forth the terms and conditions
applicable to an Award granted under the Plan.

1

 

     2.4 “Board” means the board of directors of the Company.

     2.5 “Code” means the United States Internal Revenue Code of 1986, as amended from
time to time.

     2.6 “Committee” means the Compensation Committee of the Board.

     2.7 “Company” means The Meridian Resource Corporation, a Texas corporation, or any
successor (by reincorporation, merger or otherwise).

     2.8 "Corporate Change” shall have the meaning ascribed to that term in Section
4.6(c).

     2.9 “Disability” means, as determined by the Committee in its discretion exercised
in good faith, a physical or mental condition of the Holder that would entitle him to payment of
disability income payments under the Company’s long-term disability insurance policy or plan for
Employees as then in effect; or in the event that the Holder is not covered, for whatever reason,
under the Company’s long-term disability insurance policy or plan for Employees or in the event the
Company does not maintain such a long-term disability insurance policy, “Disability” means a
permanent and total disability as defined in section 22(e)(3) of the Code. A determination of
Disability may be made by a physician selected or approved by the Committee and, in this respect,
the Holder shall submit to an examination by such physician upon request by the Committee.

     2.10 “Dividend Equivalent” means a payment equivalent in amount to dividends paid to
the Company’s stockholders.

     2.11 “Effective Date” shall have the meaning ascribed to that term in Section 1.1.

     2.12 “Employee” means a person employed by the Company or any Affiliate as a common
law employee.

     2.13 “Fair Market Value” of the Stock as of any particular date means (a) if the
Stock is traded on a stock exchange, the closing sale price of the Stock on that date as reported
on the principal securities exchange on which the Stock is traded, or (b) if the Stock is traded in
the over-the-counter market, the average between the high bid and low asked price on that date as
reported in such over-the-counter market; provided that (1) if the Stock is not so traded, (2) if
no closing price or bid and asked prices for the Stock was so reported on that date or (3) if, in
the discretion of the Committee, another means of determining the fair market value of a share of
Stock at such date shall be necessary or advisable, the Committee may provide for another means for
determining such fair market value.

     2.14 “Fiscal Year” means the Company’s fiscal year.

     2.15 “Holder” means a person who has been granted an Award or any person who is
entitled to receive shares of Stock or cash under an Award.

     2.16 “ISO” means an Option that is intended to be an “incentive stock option” that
satisfies the requirements of section 422 of the Code.

     2.17 “Minimum Statutory Tax Withholding Obligation” means, with respect to an Award,
the amount the Company or an Affiliate is required to withhold for federal, state and local taxes
based upon the applicable minimum statutory withholding rates required by the relevant tax
authorities.

2

 

     2.18 “NSO” means an Option that is intended to be a “nonqualified stock option” that
does not satisfy the requirements of section 422 of the Code.

     2.19 “Option” means an option to purchase Stock granted pursuant to Article V.

     2.20 “Optionee” means a person who has been granted an Option or any other person
who is entitled to exercise an Option under the Plan.

     2.21 “Option Price” shall have the meaning ascribed to that term in Section 5.4.

     2.22 "Parent Corporation” means any corporation (other than the Company) in an
unbroken chain of corporations ending with the Company if, at the time of the action or
transaction, each of the corporations other than the Company owns stock possessing 50 percent or
more of the total combined voting power of all classes of stock in one of the other corporations in
the chain.

     2.23 "Performance Goals” means one or more of the criteria described in Section 9.2
on which the performance goals applicable to an Award are based.

     2.24 “Performance Stock Award” means an Award designated as a performance stock
award granted to a Holder pursuant to Article IX.

     2.25 “Performance Unit Award” means an Award designated as a performance unit award
granted to a Holder pursuant to Article IX.

     2.26 "Period of Restriction” means the period during which Restricted Stock is
subject to a substantial risk of forfeiture (based on the passage of time, the achievement of
Performance Goals, or upon the occurrence of other events as determined by the Committee, in its
discretion), as provided in Article VII.

     2.27 “Plan” means The Meridian Resource Corporation 2007 Long-Term Incentive Plan,
as set forth in this document as it may be amended from time to time.

     2.28 “Restricted Stock” means shares of restricted Stock issued or granted under the
Plan pursuant to Article VII.

     2.29 “Restricted Stock Award” means an authorization by the Committee to issue or
transfer Restricted Stock to a Holder.

     2.30 “RSU” means a restricted stock unit credited to a Holder’s ledger account
maintained by the Company pursuant to Article VIII.

     2.31 “RSU Award” means an Award granted pursuant to Article VIII.

     2.32 “SAR” means a stock appreciation right granted under the Plan pursuant to
Article VI.

     2.33 “Section 409A” means section 409A of the Code and Department of Treasury rules
and regulations issued thereunder.

     2.34 “Stock” means the common stock of the Company, $0.01 par value per share (or
such other par value as may be designated by act of the Company’s stockholders).

3

 

     2.35 “Subsidiary Corporation” means any corporation (other than the Company) in an
unbroken chain of corporations beginning with the Company if, at the time of the action or
transaction, each of the corporations other than the last corporation in an unbroken chain owns
stock possessing 50 percent or more of the total combined voting power of all classes of stock in
one of the other corporations in the chain.

     2.36 “Substantial Risk of Forfeiture” shall have the meaning ascribed to that term
in Section 409A.

     2.37 “Ten Percent Stockholder” means an individual who, at the time the Option is
granted, owns stock possessing more than ten percent (10%) of the total combined voting power of
all classes of stock or series of the Company or of any Parent Corporation or Subsidiary
Corporation. An individual shall be considered as owning the stock owned, directly or indirectly,
by or for his brothers and sisters (whether by the whole or half blood), spouse, ancestors and
lineal descendants; and stock owned, directly or indirectly, by or for a corporation, partnership,
estate or trust, shall be considered as being owned proportionately by or for its stockholders,
partners or beneficiaries.

     2.38 “Termination of Employment” means, in the case of an Award other than an ISO,
the termination of the Award recipient’s employment relationship with the Company and all
Affiliates. “Termination of Employment” means, in the case of an ISO, the termination of the
Employee’s employment relationship with all of the Company, any Parent Corporation, any Subsidiary
Corporation and any parent or subsidiary corporation (within the meaning of section 422(a)(2) of
the Code) of any such corporation that issues or assumes an ISO in a transaction to which section
424(a) of the Code applies.

ARTICLE III

ELIGIBILITY AND PARTICIPATION

     3.1 Eligibility. Except as otherwise specified in this Section 3.1, the persons who
are eligible to receive Awards under the Plan are key Employees of the Company or an Affiliate.
Awards other than ISOs, Performance Stock Awards or Performance Units Awards may also be granted to
a person who is expected to become a key Employee within six months.

     3.2 Participation. Subject to the terms and provisions of the Plan, the Committee
may, from time to time, select the eligible persons to whom Awards shall be granted and shall
determine the nature and amount of each Award.

ARTICLE IV

GENERAL PROVISIONS RELATING TO AWARDS

     4.1 Authority to Grant Awards. The Committee may grant Awards to those key
Employees and other eligible persons as the Committee shall from time to time determine, under the
terms and conditions of the Plan. Subject only to any applicable limitations set out in the Plan,
the number of shares of Stock or other value to be covered by any Award to be granted under the
Plan shall be as determined by the Committee in its sole discretion.

4

 

     4.2 Dedicated Shares; Maximum Awards.

     (a) The aggregate number of shares of Stock with respect to which Awards may
be granted under the Plan is 4,000,000.

     (b) The aggregate number of shares of Stock with respect to which full value
awards (awards of Stock under the Plan which are not Options or SARs) may be granted under
the Plan is 2,000,000.

     (c) The aggregate number of shares of Stock with respect to which ISOs may be
granted under the Plan is 200,000.

     (d) The maximum number of shares of Stock with respect to which NSOs may be
granted to an Employee during a Fiscal Year is 1,000,000. The maximum number of shares of
Stock with respect to which SARs may be granted to an Employee during a Fiscal Year is
1,000,000. The maximum number of shares of Stock with respect to which Performance Stock
Awards may be granted to an Employee during a Fiscal Year is 1,000,000. The maximum number
of shares of Stock with respect to which Performance Unit Awards payable in shares of Stock
may be granted to an Employee during a Fiscal Year is 1,000,000. The maximum value of cash
with respect to which Performance Unit Awards payable in cash may be granted to an Employee
during a Fiscal Year, determined as of the dates of grants of the Performance Unit Awards,
is $10,000,000.

     (e) Each of the foregoing numerical limits stated in this Section 4.2 shall
be subject to adjustment in accordance with the provisions of Section 4.6.

     4.3 Shares That Count Against Limit.

     (a) If shares of Stock are withheld from payment of an Award to satisfy tax
obligations with respect to the Award, such shares of Stock will count against the aggregate
number of shares of Stock with respect to which Awards may be granted under the Plan.

     (b) If shares of Stock are tendered in payment of an Option Price of an
Option, such shares of Stock will not be added to the aggregate number of shares of Stock
with respect to which Awards may be granted under the Plan.

     (c) To the extent that any outstanding Award is forfeited or cancelled for
any reason or is settled in cash in lieu of shares of Stock, the shares of Stock allocable
to such portion of the Award may again be subject to an Award granted under the Plan.

     (d) When a SAR is settled in shares of Stock, the number of shares of Stock
subject to the SAR under the SAR Award Agreement will be counted against the aggregate
number of shares of Stock with respect to which Awards may be granted under the Plan as one
share for every share subject to the SAR, regardless of the number of shares used to settle
the SAR upon exercise.

     4.4 Non-Transferability. Except as specified in the applicable Award Agreements or
in domestic relations court orders, an Award shall not be transferable by the Holder (whether for
consideration or otherwise) other than by will or under the laws of descent and distribution, and
shall be exercisable, during the Holder’s lifetime, only by him or her. Any attempted assignment
of an Award in violation of this Section 4.4 shall be null and void. In the discretion of the
Committee, any attempt to transfer an Award other than under the terms of the Plan and the
applicable Award Agreement may

5

 

terminate the Award. No ISO granted under the Plan may be sold, transferred, pledged,
assigned or otherwise alienated or hypothecated, other than by will or by the laws of descent and
distribution. Further, all ISOs granted to an Employee under the Plan shall be exercisable during
his or her lifetime only by the Employee, and after that time, by the Employee’s heirs or estate.

     4.5 Requirements of Law. The Company shall not be required to sell or issue any
shares of Stock under any Award if issuing those shares of Stock would constitute or result in a
violation by the Holder or the Company of any provision of any law, statute or regulation of any
governmental authority. Specifically, in connection with any applicable statute or regulation
relating to the registration of securities, upon exercise of any Option or pursuant to any other
Award, the Company shall not be required to issue any shares of Stock unless the Committee has
received evidence satisfactory to it to the effect that the Holder will not transfer the shares of
Stock except in accordance with applicable law, including receipt of an opinion of counsel
satisfactory to the Company to the effect that any proposed transfer complies with applicable law.
The determination by the Committee on this matter shall be final, binding and conclusive. The
Company may, but shall in no event be obligated to, register any shares of Stock covered by the
Plan pursuant to applicable securities laws of any country or any political subdivision. In the
event the shares of Stock issuable on exercise of an Option or pursuant to any other Award are not
registered, the Company may imprint on the certificate evidencing the shares of Stock any legend
that counsel for the Company considers necessary or advisable to comply with applicable law, or,
should the shares of Stock be represented by book or electronic entry rather than a certificate,
the Company may take such steps to restrict transfer of the shares of Stock as counsel for the
Company considers necessary or advisable to comply with applicable law. The Company shall not be
obligated to take any other affirmative action in order to cause or enable the exercise of an
Option or any other Award, or the issuance of shares of Stock pursuant thereto, to comply with any
law or regulation of any governmental authority.

     4.6 Changes in the Company’s Capital Structure.

     (a) The existence of outstanding Awards shall not affect in any way the right
or power of the Company or its stockholders to make or authorize any or all adjustments,
recapitalizations, reorganizations or other changes in the Company’s capital structure or
its business, any merger or consolidation of the Company, any issue of bonds, debentures,
preferred or prior preference shares ahead of or affecting the Stock or Stock rights, the
dissolution or liquidation of the Company, any sale or transfer of all or any part of its
assets or business or any other corporate act or proceeding, whether of a similar character
or otherwise.

     (b) If the Company shall effect a subdivision or consolidation of Stock or
other capital readjustment, the payment of a Stock dividend, or other increase or reduction
of the number of shares of Stock outstanding, without receiving compensation therefor in
money, services or property, then (1) the number, class or series and per share price of
Stock subject to outstanding Options or other Awards under the Plan shall be appropriately
adjusted (subject to the restriction in Section 4.10 prohibiting repricing) in such a manner
as to entitle a Holder to receive upon exercise of an Option or other Award, for the same
aggregate cash consideration, the equivalent total number and class or series of Stock the
Holder would have received had the Holder exercised his or her Option or other Award in full
immediately prior to the event requiring the adjustment, and (2) the number and class or
series of Stock then reserved to be issued under the Plan shall be adjusted by substituting
for the total number and class or series of Stock then reserved that number and class or
series of Stock that would have been received by the owner of an equal number of outstanding
shares of Stock of each class or series of Stock as the result of the event requiring the
adjustment.

6

 

     (c) If while unexercised Options or other Awards remain outstanding under the
Plan (1) the Company shall not be the surviving entity in any merger, consolidation or other
reorganization (or survives only as a subsidiary of an entity other than an entity that was
wholly-owned by the Company immediately prior to such merger, consolidation or other
reorganization), (2) the Company sells, leases or exchanges or agrees to sell, lease or
exchange all or substantially all of its assets to any other person or entity (other than an
entity wholly-owned by the Company), (3) the Company is to be dissolved or (4) the Company
is a party to any other corporate transaction (as defined under section 424(a) of the Code
and applicable Department of Treasury regulations) that is not described in clauses (1), (2)
or (3) of this sentence (each such event is referred to herein as a “Corporate Change”),
then, except as otherwise provided in an Award Agreement or another agreement between the
Holder and the Company (provided that such exceptions shall not apply in the case of a
reincorporation merger), or as a result of the Committee’s effectuation of one or more of
the alternatives described below, there shall be no acceleration of the time at which any
Award then outstanding may be exercised, and no later than ten days after the approval by
the stockholders of the Company of such Corporate Change, the Committee, acting in its sole
and absolute discretion without the consent or approval of any Holder, shall act to effect
one or more of the following alternatives, which may vary among individual Holders and which
may vary among Awards held by any individual Holder (provided that, with respect to a
reincorporation merger in which Holders of the Company’s ordinary shares will receive one
ordinary share of the successor corporation for each ordinary share of the Company, none of
such alternatives shall apply and, without Committee action, each Award shall automatically
convert into a similar award of the successor corporation exercisable for the same number of
ordinary shares of the successor as the Award was exercisable for ordinary shares of Stock
of the Company):

     (1) accelerate the time at which some or all of the Awards
then outstanding may be exercised so that such Awards may be exercised in
full for a limited period of time on or before a specified date (before or
after such Corporate Change) fixed by the Committee, after which specified
date all such Awards that remain unexercised and all rights of Holders
thereunder shall terminate;

     (2) require the mandatory surrender to the Company by all or
selected Holders of some or all of the then outstanding Awards held by such
Holders (irrespective of whether such Awards are then exercisable under the
provisions of the Plan or the applicable Award Agreement evidencing such
Award) as of a date, before or after such Corporate Change, specified by the
Committee, in which event the Committee shall thereupon cancel such Award
and the Company shall pay to each such Holder an amount of cash per share
equal to the excess, if any, of the per share price offered to stockholders
of the Company in connection with such Corporate Change over the exercise
prices under such Award for such shares;

     (3) with respect to all or selected Holders, have some or all
of their then outstanding Awards (whether vested or unvested) assumed or
have a new award of a similar nature substituted for some or all of their
then outstanding Awards under the Plan (whether vested or unvested) by an
entity which is a party to the transaction resulting in such Corporate
Change and which is then employing such Holder or which is affiliated or
associated with such Holder in the same or a substantially similar manner as
the Company prior to the Corporate

7

 

Change, or a parent or subsidiary of such entity, provided that (A)
such assumption or substitution is on a basis where the excess of the
aggregate fair market value of the Stock subject to the Award immediately
after the assumption or substitution over the aggregate exercise price of
such Stock is equal to the excess of the aggregate fair market value of all
Stock subject to the Award immediately before such assumption or
substitution over the aggregate exercise price of such Stock, and (B) the
assumed rights under such existing Award or the substituted rights under
such new Award, as the case may be, will have the same terms and conditions
as the rights under the existing Award assumed or substituted for, as the
case may be;

     (4) provide that the number and class or series of Stock
covered by an Award (whether vested or unvested) theretofore granted shall
be adjusted so that such Award when exercised shall thereafter cover the
number and class or series of Stock or other securities or property
(including, without limitation, cash) to which the Holder would have been
entitled pursuant to the terms of the agreement or plan relating to such
Corporate Change if, immediately prior to such Corporate Change, the Holder
had been the holder of record of the number of shares of Stock then covered
by such Award; or

     (5) make such adjustments to Awards then outstanding as the
Committee deems appropriate to reflect such Corporate Change (provided,
however, that the Committee may determine in its sole and absolute
discretion that no such adjustment is necessary).

     In effecting one or more of the alternatives set out in paragraphs (3), (4) or (5)
immediately above, and except as otherwise may be provided in an Award Agreement, the
Committee, in its sole and absolute discretion and without the consent or approval of any
Holder, may accelerate the time at which some or all Awards then outstanding may be
exercised.

     (d) In the event of changes in the outstanding Stock by reason of
recapitalizations, reorganizations, mergers, consolidations, combinations, exchanges or
other relevant changes in capitalization occurring after the date of the grant of any Award
and not otherwise provided for by this Section 4.6, any outstanding Award and any Award
Agreement evidencing such Award shall be subject to adjustment by the Committee in its sole
and absolute discretion as to the number and price of Stock or other consideration subject
to such Award. In the event of any such change in the outstanding Stock, the aggregate
number of shares of Stock available under the Plan may be appropriately adjusted by the
Committee, whose determination shall be conclusive.

     (e) After a merger of one or more corporations into the Company or after a
consolidation of the Company and one or more corporations in which the Company shall be the
surviving corporation, each Holder shall be entitled to have his Restricted Stock
appropriately adjusted based on the manner in which the shares of Stock were adjusted under
the terms of the agreement of merger or consolidation.

     (f) The issuance by the Company of stock of any class or series, or
securities convertible into, or exchangeable for, stock of any class or series, for cash or
property, or for labor or services either upon direct sale or upon the exercise of rights or
warrants to subscribe for them, or upon conversion or exchange of stock or obligations of
the Company convertible into, or exchangeable for, stock or other securities, shall not
affect, and no adjustment by reason of such

8

 

issuance shall be made with respect to, the number, class or series, or price of shares
of Stock then subject to outstanding Options or other Awards.

     4.7 Election Under Section 83(b) of the Code. No Holder shall exercise the election
permitted under section 83(b) of the Code with respect to any Award without the written approval of
the Chief Financial Officer of the Company. Any Holder who makes an election under section 83(b)
of the Code with respect to any Award without the written approval of the Chief Financial Officer
of the Company may, in the discretion of the Committee, forfeit any or all Awards granted to him or
her under the Plan.

     4.8 Forfeiture Events. The Committee may specify in an Award Agreement that the
Holder’s rights, payments, and benefits with respect to an Award shall be subject to reduction,
cancellation, forfeiture, or recoupment upon the occurrence of certain specified events, in
addition to any otherwise applicable vesting or performance conditions of an Award. Such events
may include, but shall not be limited to, Termination of Employment for cause, violation of
material policies of the Company and its Affiliates, breach of noncompetition, confidentiality, or
other restrictive covenants that may apply to the Holder, or other conduct by the Holder that is
detrimental to the business or reputation of the Company and its Affiliates.

     4.9 Award Agreements. Each Award shall be embodied in a written agreement that
shall be subject to the terms and conditions of the Plan. The Award Agreement shall be signed by
an executive officer of the Company, other than the Holder, on behalf of the Company, and may be
signed by the Holder to the extent required by the Committee. The Award Agreement may specify the
effect of a change in control of the Company on the Award. The Award Agreement may contain any
other provisions that the Committee in its discretion shall deem advisable which are not
inconsistent with the terms and provisions of the Plan.

     4.10 Amendments of Award Agreements. The terms of any outstanding Award under the
Plan may be amended from time to time by the Committee in its discretion in any manner that it
deems appropriate and that is consistent with the terms of the Plan. However, no such amendment
shall adversely affect in a material manner any right of a Holder without his or her written
consent. Except as specified in Section 4.6(b), the Committee may not directly or indirectly lower
the exercise price of a previously granted Option or the grant price of a previously granted SAR.

     4.11 Rights as Stockholder. A Holder shall not have any rights as a stockholder
with respect to Stock covered by an Option, a SAR, an RSU or a Performance Unit Award payable in
Stock until the date, if any, such Stock is issued by the Company; and, except as otherwise
provided in Section 4.6, no adjustment for dividends, or otherwise, shall be made if the record
date therefor is prior to the date of issuance of such Stock.

     4.12 Issuance of Shares of Stock. Shares of Stock, when issued, may be represented
by a certificate or by book or electronic entry.

     4.13 Restrictions on Stock Received. The Committee may impose such conditions
and/or restrictions on any shares of Stock issued pursuant to an Award as it may deem advisable or
desirable. These restrictions may include, but shall not be limited to, a requirement that the
Holder hold the shares of Stock for a specified period of time.

9

 

     4.14 Compliance With Section 409A. Awards shall be designed, granted and
administered in such a manner that they are either exempt from the application of, or comply with,
the requirements of Section 409A.

ARTICLE V

OPTIONS

     5.1 Authority to Grant Options. Subject to the terms and provisions of the Plan,
the Committee, at any time, and from time to time, may grant Options under the Plan to eligible
persons in such number and upon such terms as the Committee shall determine.

     5.2 Type of Options Available. Options granted under the Plan may be NSOs or ISOs.

     5.3 Option Agreement. Each Option grant under the Plan shall be evidenced by an
Award Agreement that shall specify (a) whether the Option is intended to be an ISO or an NSO, (b)
the Option Price, (c) the duration of the Option, (d) the number of shares of Stock to which the
Option pertains, (e) the exercise restrictions applicable to the Option and (f) such other
provisions as the Committee shall determine that are not inconsistent with the terms and provisions
of the Plan. Notwithstanding the designation of an Option as an ISO in the applicable Option
Agreement, to the extent the limitations of Section 5.10 of the Plan are exceeded with respect to
the Option, the portion of the Option in excess of the limitation shall be treated as a NSO. An
Option granted under the Plan may not be granted with any Dividend Equivalents rights.

     5.4 Option Price. The price at which shares of Stock may be purchased under an
Option (the “Option Price”) shall not be less than 100 percent (100%) of the Fair Market Value of
the shares of Stock on the date the Option is granted. However, in the case of a Ten Percent
Stockholder, the Option Price for an ISO shall not be less than 110 percent (110%) of the Fair
Market Value of the shares of Stock on the date the ISO is granted. Subject to the limitations set
forth in the preceding sentences of this Section 5.4, the Committee shall determine the Option
Price for each grant of an Option under the Plan.

     5.5 Duration of Option. An Option shall not be exercisable after the earlier of (i)
the general term of the Option specified in the applicable Award Agreement (which shall not exceed
ten years) or (ii) the period of time specified in the applicable Award Agreement that follows the
Holder’s Termination of Employment or severance of affiliation relationship with the Company.
Unless the applicable Award Agreement specifies a shorter term, in the case of an ISO granted to a
Ten Percent Stockholder, the Option shall expire on the fifth anniversary of the date the Option is
granted.

     5.6 Amount Exercisable. Each Option may be exercised at the time, in the manner and
subject to the conditions the Committee specifies in the Award Agreement in its sole discretion.

     5.7 Exercise of Option.

     (a) General Method of Exercise. Subject to the terms and provisions of the
Plan and the applicable Award Agreement, Options may be exercised in whole or in part from
time to time by the delivery of written notice in the manner designated by the Committee
stating (1) that the Holder wishes to exercise such Option on the date such notice is so
delivered, (2) the number of shares of Stock with respect to which the Option is to be
exercised and (3) the address to which any certificate representing such shares of Stock
should be mailed. Except in the case of exercise by a third party broker as provided below,
in order for the notice to be effective the notice must

10

 

be accompanied by payment of the Option Price by any combination of the following: (a)
cash, certified check, bank draft or postal or express money order for an amount equal to
the Option Price under the Option, (b) an election to make a cashless exercise through a
registered broker-dealer (if approved in advance by the Committee or an executive officer of
the Company) or (c) any other form of payment which is acceptable to the Committee.

     (b) Exercise Through Third-Party Broker. The Committee may permit a Holder
to elect to pay the Option Price and any applicable tax withholding resulting from such
exercise by authorizing a third-party broker to sell all or a portion of the shares of Stock
acquired upon exercise of the Option and remit to the Company a sufficient portion of the
sale proceeds to pay the Option Price and any applicable tax withholding resulting from such
exercise.

     5.8 Notification of Disqualifying Disposition. If any Optionee shall make any
disposition of shares of Stock issued pursuant to the exercise of an ISO under the circumstances
described in section 421(b) of the Code (relating to certain disqualifying dispositions), such
Optionee shall notify the Company of such disposition within ten (10) days thereof.

     5.9 No Rights as Stockholder. An Optionee shall not have any rights as a
stockholder with respect to Stock covered by an Option until the date a stock certificate for such
Stock is issued by the Company; and, except as otherwise provided in Section 4.6, no adjustment for
dividends, or otherwise, shall be made if the record date therefor is prior to the date of issuance
of such certificate.

     5.10 $100,000 Limitation on ISOs. To the extent that the aggregate Fair Market
Value of Stock with respect to which ISOs first become exercisable by a Holder in any calendar year
exceeds $100,000, taking into account both shares of Stock subject to ISOs under the Plan and Stock
subject to ISOs under all other plans of the Company, such Options shall be treated as NSOs. For
this purpose, the “Fair Market Value” of the Stock subject to Options shall be determined as of the
date the Options were awarded. In reducing the number of Options treated as ISOs to meet the
$100,000 limit, the most recently granted Options shall be reduced first. To the extent a
reduction of simultaneously granted Options is necessary to meet the $100,000 limit, the Committee
may, in the manner and to the extent permitted by law, designate which shares of Stock are to be
treated as shares acquired pursuant to the exercise of an ISO.

ARTICLE VI

STOCK APPRECIATION RIGHTS

     6.1 Authority to Grant SAR Awards. Subject to the terms and provisions of the Plan,
the Committee, at any time, and from time to time, may grant SARs under the Plan to eligible
persons in such number and upon such terms as the Committee shall determine. Subject to the terms
and conditions of the Plan, the Committee shall have complete discretion in determining the number
of SARs granted to each Holder and, consistent with the provisions of the Plan, in determining the
terms and conditions pertaining to such SARs.

     6.2 General Terms. Subject to the terms and conditions of the Plan, a SAR granted
under the Plan shall confer on the recipient a right to receive, upon exercise thereof, an amount
equal to the excess of (a) the Fair Market Value of one share of the Stock on the date of exercise
over (b) the grant price of the SAR, which shall not be less than one hundred percent (100%) of the
Fair Market Value of one share of the Stock on the date of grant of the SAR. A SAR granted under
the Plan may not be granted with any Dividend Equivalents rights.

11

 

     6.3 SAR Agreement. Each Award of SARs granted under the Plan shall be evidenced by
an Award Agreement that shall specify (a) the grant price of the SAR, (b) the term of the SAR, (c)
the vesting and termination provisions of the SAR and (d) such other provisions as the Committee
shall determine that are not inconsistent with the terms and provisions of the Plan. The Committee
may impose such additional conditions or restrictions on the exercise of any SAR as it may deem
appropriate.

     6.4 Term of SAR. The term of a SAR granted under the Plan shall be determined by
the Committee, in its sole discretion; provided that no SAR shall be exercisable on or after the
tenth anniversary date of its grant.

     6.5 Exercise of SAR. Subject to the terms and provisions of the Plan and the
applicable Award Agreement, SARs may be exercised in whole or in part from time to time by the
delivery of written notice in the manner designated by the Committee stating (1) that the Holder
wishes to exercise such SAR on the date such notice is so delivered, (2) the number of shares of
Stock with respect to which the SAR is to be exercised and (3) the address to which the payment due
under such SAR should be mailed. In accordance with applicable law, a SAR may be exercised upon
whatever additional terms and conditions the Committee, in its sole discretion, imposes.

     6.6 Payment of SAR Amount. Upon the exercise of a SAR, a Holder shall be entitled
to receive payment from the Company in an amount determined by multiplying the excess of the Fair
Market Value of a share of Stock on the date of exercise over the grant price of the SAR by the
number of shares of Stock with respect to which the SAR is exercised. At the discretion of the
Committee, the payment upon SAR exercise may be in cash, in Stock of equivalent value, in some
combination thereof or in any other manner approved by the Committee in its sole discretion. The
Committee’s determination regarding the form of SAR payout shall be set forth in the Award
Agreement pertaining to the grant of the SAR.

     6.7 Termination of Employment. Each Award Agreement shall set forth the extent to
which the Holder of a SAR shall have the right to exercise the SAR following the Holder’s
Termination of Employment. Such provisions shall be determined in the sole discretion of the
Committee, may be included in the Award Agreement entered into with the Holder, need not be uniform
among all SARs issued pursuant to the Plan, and may reflect distinctions based on the reasons for
termination.

ARTICLE VII

RESTRICTED STOCK AWARDS

     7.1 Restricted Stock Awards. The Committee may make Awards of Restricted Stock to
eligible persons selected by it. The amount of, the vesting and the transferability restrictions
applicable to any Restricted Stock Award shall be determined by the Committee in its sole
discretion. If the Committee imposes vesting or transferability restrictions on a Holder’s rights
with respect to Restricted Stock, the Committee may issue such instructions to the Company’s share
transfer agent in connection therewith as it deems appropriate. The Committee may also cause the
certificate for shares of Stock issued pursuant to a Restricted Stock Award to be imprinted with
any legend which counsel for the Company considers advisable with respect to the restrictions or,
should the shares of Stock be represented by book or electronic entry rather than a certificate,
the Company may take such steps to restrict transfer of the shares of Stock as counsel for the
Company considers necessary or advisable to comply with applicable law.

12

 

     7.2 Restricted Stock Award Agreement. Each Restricted Stock Award shall be
evidenced by an Award Agreement that contains any vesting, transferability restrictions and other
provisions not inconsistent with the Plan as the Committee may specify.

     7.3 Holder’s Rights as Stockholder. Subject to the terms and conditions of the
Plan, each recipient of a Restricted Stock Award shall have all the rights of a stockholder with
respect to the shares of Restricted Stock included in the Restricted Stock Award during the Period
of Restriction established for the Restricted Stock Award. Dividends paid with respect to
Restricted Stock in cash or property other than shares of Stock or rights to acquire shares of
Stock shall be paid to the recipient of the Restricted Stock Award currently. Dividends paid in
shares of Stock or rights to acquire shares of Stock shall be added to and become a part of the
Restricted Stock. During the Period of Restriction, certificates representing the Restricted Stock
shall be registered in the Holder’s name and bear a restrictive legend to the effect that ownership
of such Restricted Stock, and the enjoyment of all rights appurtenant thereto, are subject to the
restrictions, terms, and conditions provided in the Plan and the applicable Award Agreement. Such
certificates shall be deposited by the recipient with the Secretary of the Company or such other
officer of the Company as may be designated by the Committee, together with all stock powers or
other instruments of assignment, each endorsed in blank, which will permit transfer to the Company
of all or any portion of the Restricted Stock which shall be forfeited in accordance with the Plan
and the applicable Award Agreement.

ARTICLE VIII

RESTRICTED STOCK UNIT AWARDS

     8.1 Authority to Grant RSU Awards. Subject to the terms and provisions of the Plan,
the Committee, at any time, and from time to time, may grant RSU Awards under the Plan to eligible
persons in such amounts and upon such terms as the Committee shall determine. The amount of, the
vesting and the transferability restrictions applicable to any RSU Award shall be determined by the
Committee in its sole discretion. The Committee shall maintain a bookkeeping ledger account which
reflects the number of RSUs credited under the Plan for the benefit of a Holder.

     8.2 RSU Award. An RSU Award shall be similar in nature to a Restricted Stock Award
except that no shares of Stock are actually transferred to the Holder until a later date specified
in the applicable Award Agreement. Each RSU shall have a value equal to the Fair Market Value of a
share of Stock.

     8.3 RSU Award Agreement. Each RSU Award shall be evidenced by an Award Agreement
that contains any Substantial Risk of Forfeiture, transferability restrictions, form and time of
payment provisions and other provisions not inconsistent with the Plan as the Committee may
specify.

     8.4 Dividend Equivalents. An Award Agreement for an RSU Award may specify that the
Holder shall be entitled to the payment of Dividend Equivalents under the Award.

     8.5 Form of Payment Under RSU Award. Payment under an RSU Award shall be made in
either cash or shares of Stock as specified in the applicable Award Agreement.

     8.6 Time of Payment Under RSU Award. A Holder’s payment under an RSU Award shall be
made at such time as is specified in the applicable Award Agreement. The Award Agreement shall
specify that the payment will be made (1) by a date that is no later than the date that is two and
one-half

13

 

(2 1/2) months after the end of the Fiscal Year in which the RSU Award payment is no longer
subject to a Substantial Risk of Forfeiture or (2) at a time that is permissible under Section
409A.

ARTICLE IX

PERFORMANCE STOCK AWARDS AND

PERFORMANCE UNIT AWARDS

     9.1 Authority to Grant Performance Stock Awards and Performance Unit Awards.
Subject to the terms and provisions of the Plan, the Committee, at any time, and from time to time,
may grant Performance Stock Awards and Performance Unit Awards under the Plan to eligible persons
in such amounts and upon such terms as the Committee shall determine. The amount of, the vesting
and the transferability restrictions applicable to any Performance Stock Award and Performance Unit
Award shall be based upon the attainment of such Performance Goals as the Committee may determine;
provided, however, that the performance period for any Performance Stock Award or Performance Unit
Award shall not be less than one year. If the Committee imposes vesting or transferability
restrictions on a Holder’s rights with respect to Performance Stock Awards or Performance Unit
Awards, the Committee may issue such instructions to the Company’s share transfer agent in
connection therewith as it deems appropriate. The Committee may also cause the certificate for
shares of Stock issued pursuant to a Performance Stock Award or Performance Unit Award to be
imprinted with any legend which counsel for the Company considers advisable with respect to the
restrictions or, should the shares of Stock be represented by book or electronic entry rather than
a certificate, the Company may take such steps to restrict transfer of the shares of Stock as
counsel for the Company considers necessary or advisable to comply with applicable law.

     9.2 Performance Goals. A Performance Goal must be objective such that a third party
having knowledge of the relevant facts could determine whether the goal is met. Such a Performance
Goal may be based on one or more business criteria that apply to the Holder, one or more business
units of the Company, or the Company as a whole, with reference to one or more of the following:
earnings per share, total shareholder return, cash return on capitalization, increased revenue,
revenue ratios (per employee or per customer), net income, stock price, market share, return on
equity, return on assets, return on capital, return on capital compared to cost of capital, return
on capital employed, return on invested capital, shareholder value, net cash flow, operating
income, earnings before interest and taxes, cash flow, cash flow from operations, cost reductions,
cost ratios (per employee or per customer). Goals may also be based on performance relative to a
peer group of companies. Unless otherwise stated, such a Performance Goal need not be based upon
an increase or positive result under a particular business criterion and could include, for
example, maintaining the status quo or limiting economic losses (measured, in each case, by
reference to specific business criteria). Performance Goals may be determined by including or
excluding, in the Committee’s discretion, items that are determined to be extraordinary, unusual in
nature, infrequent in occurrence, related to the disposal or acquisition of a segment of a
business, or related to a change in accounting principal, in each case, based on Opinion No. 30 of
the Accounting Principles Board (APB Opinion No. 30) or other applicable accounting rules, or
consistent with Company accounting policies and practices in effect on the date the Performance
Goal is established. In interpreting Plan provisions applicable to Performance Goals and
Performance Stock Awards or Performance Unit Awards, it is intended that the Plan will conform with
the standards of section 162(m) of the Code and Treasury Regulations § 1.162-27(e)(2)(i), and the
Committee in establishing such goals and interpreting the Plan shall be guided by such provisions.
Prior to the payment of any compensation based on the achievement of Performance Goals, the
Committee must certify in writing that applicable Performance Goals and any of the material terms
thereof were, in fact, satisfied. Subject to the foregoing provisions, the terms, conditions and
limitations applicable to any Performance Stock or Performance Unit Awards made pursuant to the
Plan shall be determined by the Committee.

14

 

     9.3 Time of Establishment of Performance Goals. A Performance Goal for a particular
Performance Stock Award or Performance Unit Award must be established by the Committee prior to the
earlier to occur of (a) 90 days after the commencement of the period of service to which the
Performance Goal relates or (b) the lapse of 25 percent of the period of service, and in any event
while the outcome is substantially uncertain.

     9.4 Written Agreement. Each Performance Stock Award and Performance Unit Award
shall be evidenced by an Award Agreement that contains any vesting, transferability restrictions
and other provisions not inconsistent with the Plan as the Committee may specify.

     9.5 Form of Payment Under Performance Unit Award. Payment under a Performance Unit
Award shall be made in cash and/or shares of Stock as specified in the Holder’s Award Agreement.

     9.6 Time of Payment Under Performance Unit Award. A Holder’s payment under a
Performance Unit Award shall be made at such time as is specified in the applicable Award
Agreement. The Award Agreement shall specify that the payment will be made (a) by a date that is
no later than the date that is two and one-half (2 1/2) months after the end of the calendar year
in which the Performance Unit Award payment is no longer subject to a Substantial Risk of
Forfeiture or (b) at a time that is permissible under Section 409A.

     9.7 Holder’s Rights as Stockholder With Respect to a Performance Stock Award.
Subject to the terms and conditions of the Plan, each Holder of a Performance Stock Award shall
have all the rights of a stockholder with respect to the shares of Stock issued to the Holder
pursuant to the Award during any period in which such issued shares of Stock are subject to
forfeiture and restrictions on transfer, including without limitation, the right to vote such
shares of Stock.

     9.8 Increases Prohibited. None of the Committee or the Board may increase the
amount of compensation payable under a Performance Stock Award or Performance Unit Award. If the
time at which a Performance Stock Award or Performance Unit Award will vest or be paid is
accelerated for any reason, the number of shares of Stock subject to, or the amount payable under,
the Performance Unit Award shall be reduced pursuant to Department of Treasury Regulation §
1.162-27(e)(2)(iii) to reasonably reflect the time value of money.

     9.9 Stockholder Approval. No payments of Stock or cash will be made pursuant to
this Article IX unless the stockholder approval requirements of Department of Treasury Regulation §
1.162-27(e)(4) are satisfied.

     9.10 Dividend Equivalents. An Award Agreement for a Performance Unit Award may
specify that the Holder shall be entitled to the payment of Dividend Equivalents under the Award.

ARTICLE X

SUBSTITUTION AWARDS

     Awards may be granted under the Plan from time to time in substitution for stock options and
other awards held by employees of other entities who are about to become Employees, or whose
employer is about to become an Affiliate as the result of a merger or consolidation of the Company
with another corporation, or the acquisition by the Company of substantially all the assets of
another corporation, or the acquisition by the Company of at least fifty percent (50%) of the
issued and outstanding stock of another corporation as the result of which such other corporation
will become a

15

 

subsidiary of the Company. The terms and conditions of the substitute Awards so granted may
vary from the terms and conditions set forth in the Plan to such extent as the Board at the time of
grant may deem appropriate to conform, in whole or in part, to the provisions of the Award in
substitution for which they are granted.

ARTICLE XI

ADMINISTRATION

     11.1 Awards. The Plan shall be administered by the Committee or, in the absence of
the Committee, the Plan shall be administered by the Board. The members of the Committee shall
serve at the discretion of the Board. The Committee shall have full and exclusive power and
authority to administer the Plan and to take all actions that the Plan expressly contemplates or
are necessary or appropriate in connection with the administration of the Plan with respect to
Awards granted under the Plan.

     11.2 Authority of the Committee. The Committee shall have full and exclusive power
to interpret and apply the terms and provisions of the Plan and Awards made under the Plan, and to
adopt such rules, regulations and guidelines for implementing the Plan as the Committee may deem
necessary or proper, all of which powers shall be exercised in the best interests of the Company
and in keeping with the objectives of the Plan. A majority of the members of the Committee shall
constitute a quorum for the transaction of business, and the vote of a majority of those members
present at any meeting shall decide any question brought before that meeting. Any decision or
determination reduced to writing and signed by a majority of the members shall be as effective as
if it had been made by a majority vote at a meeting properly called and held. All questions of
interpretation and application of the Plan, or as to Awards granted under the Plan, shall be
subject to the determination, which shall be final and binding, of a majority of the whole
Committee. No member of the Committee shall be liable for any act or omission of any other member
of the Committee or for any act or omission on his own part, including but not limited to the
exercise of any power or discretion given to him under the Plan, except those resulting from his
own gross negligence or willful misconduct. In carrying out its authority under the Plan, the
Committee shall have full and final authority and discretion, including but not limited to the
following rights, powers and authorities to (a) determine the persons to whom and the time or times
at which Awards will be made; (b) determine the number and exercise price of shares of Stock
covered in each Award subject to the terms and provisions of the Plan (including, but not limited
to, the provisions of Section 4.10 which prohibit repricing); (c) determine the terms, provisions
and conditions of each Award, which need not be identical and need not match the default terms set
forth in the Plan; (d) accelerate the time at which any outstanding Award will vest; (e) prescribe,
amend and rescind rules and regulations relating to administration of the Plan; and (f) make all
other determinations and take all other actions deemed necessary, appropriate or advisable for the
proper administration of the Plan.

     The Committee may correct any defect or supply any omission or reconcile any inconsistency in
the Plan or in any Award to a Holder in the manner and to the extent the Committee deems necessary
or desirable to further the Plan’s objectives. Further, the Committee shall make all other
determinations that may be necessary or advisable for the administration of the Plan. As permitted
by law and the terms and provisions of the Plan, the Committee may delegate its authority as
identified in this Section 11.2. The Committee may employ attorneys, consultants, accountants,
agents, and other persons, any of whom may be an Employee, and the Committee, the Company, and its
officers and Board shall be entitled to rely upon the advice, opinions, or valuations of any such
persons.

16

 

     11.3 Decisions Binding. All determinations and decisions made by the Committee or
the Board, as the case may be, pursuant to the provisions of the Plan and all related orders and
resolutions of the Committee or the Board, as the case may be, shall be final, conclusive and
binding on all persons, including the Company, its stockholders, Holders and the estates and
beneficiaries of Holders.

     11.4 No Liability. Under no circumstances shall the Company, the Board or the
Committee incur liability for any indirect, incidental, consequential or special damages (including
lost profits) of any form incurred by any person, whether or not foreseeable and regardless of the
form of the act in which such a claim may be brought, with respect to the Plan or the Company’s,
the Committee’s or the Board’s roles in connection with the Plan.

ARTICLE XII

AMENDMENT OR TERMINATION OF PLAN

     12.1 Amendment, Modification, Suspension, and Termination. Subject to Section 12.2,
the Committee may, at any time and from time to time, alter, amend, modify, suspend, or terminate
the Plan and any Award Agreement in whole or in part; provided, however, that, without the prior
approval of the Company’s stockholders and except as provided in Section 4.6, the Committee shall
not directly or indirectly lower the Option Price of a previously granted Option, and no amendment
of the Plan shall be made without stockholder approval if stockholder approval is required by
applicable law or stock exchange rules.

     12.2 Awards Previously Granted. Notwithstanding any other provision of the Plan to
the contrary, no termination, amendment, suspension, or modification of the Plan or an Award
Agreement shall adversely affect in any material way any Award previously granted under the Plan,
without the written consent of the Holder holding such Award.

ARTICLE XIII

MISCELLANEOUS

     13.1 Unfunded Plan/No Establishment of a Trust Fund. Holders shall have no right,
title, or interest whatsoever in or to any investments that the Company or any of its Affiliates
may make to aid in meeting obligations under the Plan. Nothing contained in the Plan, and no
action taken pursuant to its provisions, shall create or be construed to create a trust of any
kind, or a fiduciary relationship between the Company and any Holder, beneficiary, legal
representative, or any other person. To the extent that any person acquires a right to receive
payments from the Company under the Plan, such right shall be no greater than the right of an
unsecured general creditor of the Company. All payments to be made hereunder shall be paid from
the general funds of the Company and no special or separate fund shall be established and no
segregation of assets shall be made to assure payment of such amounts, except as expressly set
forth in the Plan. No property shall be set aside nor shall a trust fund of any kind be
established to secure the rights of any Holder under the Plan. The Plan is not intended to be
subject to the Employee Retirement Income Security Act of 1974, as amended.

     13.2 No Employment Obligation. The granting of any Award shall not constitute an
employment contract, express or implied, nor impose upon the Company or any Affiliate any
obligation to employ or continue to employ, or utilize the services of, any Holder. The right of
the Company or any Affiliate to terminate the employment of any person shall not be diminished or
affected by reason of the fact that an Award has been granted to him, and nothing in the Plan or an
Award Agreement shall

17

 

interfere with or limit in any way the right of the Company or its Affiliates to terminate any
Holder’s employment at any time or for any reason not prohibited by law.

     13.3 Tax Withholding. The Company or any Affiliate shall be entitled to deduct from
other compensation payable to each Holder any sums required by federal, state or local tax law to
be withheld with respect to the vesting or exercise of an Award or lapse of restrictions on an
Award. In the alternative, the Company may require the Holder (or other person validly exercising
the Award) to pay such sums for taxes directly to the Company or any Affiliate in cash or by check
within one day after the date of vesting, exercise or lapse of restrictions. In the discretion of
the Committee, and with the consent of the Holder, the Company may reduce the number of shares of
Stock issued to the Holder upon such Holder’s exercise of an Option to satisfy the tax withholding
obligations of the Company or an Affiliate; provided that the Fair Market Value of the shares of
Stock held back shall not exceed the Company’s or the Affiliate’s Minimum Statutory Tax Withholding
Obligation. The Committee may, in its discretion, permit a Holder to satisfy any Minimum Statutory
Tax Withholding Obligation arising upon the vesting of an Award by delivering to the Holder a
reduced number of shares of Stock in the manner specified herein. If permitted by the Committee
and acceptable to the Holder, at the time of vesting of shares under the Award, the Company shall
(a) calculate the amount of the Company’s or an Affiliate’s Minimum Statutory Tax Withholding
Obligation on the assumption that all such shares of Stock vested under the Award are made
available for delivery, (b) reduce the number of such shares of Stock made available for delivery
so that the Fair Market Value of the shares of Stock withheld on the vesting date approximates the
Company’s or an Affiliate’s Minimum Statutory Tax Withholding Obligation and (c) in lieu of the
withheld shares of Stock, remit cash to the United States Treasury and/or other applicable
governmental authorities, on behalf of the Holder, in the amount of the Minimum Statutory Tax
Withholding Obligation. The Company shall withhold only whole shares of Stock to satisfy its
Minimum Statutory Tax Withholding Obligation. Where the Fair Market Value of the withheld shares
of Stock does not equal the amount of the Minimum Statutory Tax Withholding Obligation, the Company
shall withhold shares of Stock with a Fair Market Value slightly less than the amount of the
Minimum Statutory Tax Withholding Obligation and the Holder must satisfy the remaining minimum
withholding obligation in some other manner permitted under this Section 13.3. The withheld shares
of Stock not made available for delivery by the Company shall be retained as treasury shares or
will be cancelled and the Holder’s right, title and interest in such shares of Stock shall
terminate. The Company shall have no obligation upon vesting or exercise of any Award or lapse of
restrictions on an Award until the Company or an Affiliate has received payment sufficient to cover
the Minimum Statutory Tax Withholding Obligation with respect to that vesting, exercise or lapse of
restrictions. Neither the Company nor any Affiliate shall be obligated to advise a Holder of the
existence of the tax or the amount which it will be required to withhold.

     13.4 Gender and Number. If the context requires, words of one gender when used in
the Plan shall include the other and words used in the singular or plural shall include the other.

     13.5 Severability. In the event any provision of the Plan shall be held illegal or
invalid for any reason, the illegality or invalidity shall not affect the remaining parts of the
Plan, and the Plan shall be construed and enforced as if the illegal or invalid provision had not
been included.

     13.6 Headings. Headings of Articles and Sections are included for convenience of
reference only and do not constitute part of the Plan and shall not be used in construing the terms
and provisions of the Plan.

     13.7 Other Compensation Plans. The adoption of the Plan shall not affect any other
option, incentive or other compensation or benefit plans in effect for the Company or any
Affiliate, nor shall the

18

 

Plan preclude the Company from establishing any other forms of incentive compensation
arrangements for Employees.

     13.8 Other Awards. The grant of an Award shall not confer upon the Holder the right
to receive any future or other Awards under the Plan, whether or not Awards may be granted to
similarly situated Holders, or the right to receive future Awards upon the same terms or conditions
as previously granted.

     13.9 Successors. All obligations of the Company under the Plan with respect to
Awards granted hereunder shall be binding on any successor to the Company, whether the existence of
such successor is the result of a direct or indirect purchase, merger, consolidation, or otherwise,
of all or substantially all of the business and/or assets of the Company.

     13.10 Law Limitations/Governmental Approvals. The granting of Awards and the
issuance of shares of Stock under the Plan shall be subject to all applicable laws, rules, and
regulations, and to such approvals by any governmental agencies or national securities exchanges as
may be required.

     13.11 Delivery of Title. The Company shall have no obligation to issue or deliver
evidence of title for shares of Stock issued under the Plan prior to (a) obtaining any approvals
from governmental agencies that the Company determines are necessary or advisable; and (b)
completion of any registration or other qualification of the Stock under any applicable national or
foreign law or ruling of any governmental body that the Company determines to be necessary or
advisable.

     13.12 Inability to Obtain Authority. The inability of the Company to obtain
authority from any regulatory body having jurisdiction, which authority is deemed by the Company’s
counsel to be necessary to the lawful issuance and sale of any shares of Stock hereunder, shall
relieve the Company of any liability in respect of the failure to issue or sell such shares of
Stock as to which such requisite authority shall not have been obtained.

     13.13 Investment Representations. The Committee may require any person receiving
Stock pursuant to an Award under the Plan to represent and warrant in writing that the person is
acquiring the shares of Stock for investment and without any present intention to sell or
distribute such Stock.

     13.14 Persons Residing Outside of the United States. Notwithstanding any provision
of the Plan to the contrary, in order to comply with the laws in other countries in which the
Company or any of its Affiliates operates or has Employees, the Committee, in its sole discretion,
shall have the power and authority to (a) determine which Affiliates shall be covered by the Plan;
(b) determine which persons employed outside the United States are eligible to participate in the
Plan; (c) amend or vary the terms and provisions of the Plan and the terms and conditions of any
Award granted to persons who reside outside the United States; (d) establish subplans and modify
exercise procedures and other terms and procedures to the extent such actions may be necessary or
advisable — any subplans and modifications to Plan terms and procedures established under this
Section 13.14 by the Committee shall be attached to the Plan document as Appendices; and (e) take
any action, before or after an Award is made, that it deems advisable to obtain or comply with any
necessary local government regulatory exemptions or approvals. Notwithstanding the above, the
Committee may not take any actions hereunder, and no Awards shall be granted, that would violate
the Securities Exchange Act of 1934, as amended, the Code, any securities law or governing statute
or any other applicable law.

     13.15 Governing Law. The provisions of the Plan and the rights of all persons
claiming thereunder shall be construed, administered and governed under the laws of the State of
Texas.

19exv10w18

 

EXHIBIT 10.18

FORM
OF INDEMNIFICATION AGREEMENT

     THIS INDEMNIFICATION AGREEMENT (this “Agreement”) is entered into as of                      ___, 2007,
by and between Dolan Media Company, a Delaware corporation (the “Company”), and                     
(“Indemnitee”).

RECITALS

     A. The Company is aware that competent and experienced persons are increasingly reluctant to
serve or continue serving as directors or executive officers of companies unless they are protected
by comprehensive liability insurance and adequate indemnification from exposure to litigation risks
and costs that result from service to such companies and often bear no relationship to the
compensation of such directors or executive officers.

     B. The statutes and judicial decisions regarding the duties of directors and executive
officers often fail to provide directors and executive officers with adequate, reliable knowledge
of the legal risks to which they are exposed or the manner in which they are expected to execute
their fiduciary duties and responsibilities.

     C. The Company and the Indemnitee recognize that plaintiffs often seek damages in such large
amounts, and the costs of litigation may be so great (whether or not the litigation is
meritorious), that the defense and/or settlement of such litigation can create an extraordinary
burden on the personal resources of directors and executive officers.

     D. The Company’s Amended and Restated Certificate of Incorporation, as approved by its
stockholders, provides that the Company shall indemnify, to the fullest extent permitted by the
Delaware General Corporation Law, any director and any officer, employee or agent of the Company
selected by the Board for indemnification, such selection to be evidenced by an indemnification
agreement. The board of directors of the Company has concluded that, to attract and retain
competent and experienced persons to serve as directors and executive officers of the Company, it
is not only reasonable and prudent, but also necessary in order to promote the best interests of
the Company and its stockholders, for the Company to contractually indemnify its directors and
executive officers in the manner set forth herein, and to assume for itself liability for expenses
and damages in connection with claims against such directors and executive officers in connection
with their service to the Company as provided herein.

     E. The Company desires and has requested the Indemnitee to serve or continue to serve as a
director and/or executive officer of the Company, and the Indemnitee is willing to serve, or to
continue to serve, as a director and/or executive officer of the Company if the Indemnitee is
furnished the indemnity provided for herein by the Company.

     NOW, THEREFORE, in consideration of the foregoing premises and the mutual covenants and
agreements set forth below, the parties hereto, intending to be legally bound, hereby agree as
follows:

 

 

     1. Definitions. For purposes of this Agreement, the following terms shall have the
corresponding meanings set forth below.

     “Change in Control” means (a) the acquisition by any Person (including any group of
Persons within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act) of
beneficial ownership (within the meaning of Rule 13d-3 under the Exchange Act) of more than
fifty percent (50%) of the outstanding voting shares; provided, however, a Change in Control
shall not be deemed to occur solely because more than fifty percent (50%) of the outstanding
voting shares is acquired by (i) a trustee or other fiduciary holding securities under one
or more employee benefit plans maintained by the Company or any of its subsidiaries, or (ii)
any Person which, immediately prior to such acquisition, is owned directly or indirectly by
the stockholders of the Company in approximately the same proportion as their ownership of
voting shares immediately prior to such acquisition; (b) a merger, consolidation or other
reorganization involving the Company if the stockholders of the Company and their
affiliates, immediately before such merger, consolidation or other reorganization, do not,
as a result of such merger, consolidation, or other reorganization, own directly or
indirectly, more than fifty percent (50%) of the combined voting power of the then
outstanding voting shares of the entity resulting from such merger, consolidation or other
reorganization; (c) a complete liquidation or dissolution of the Company; or (d) the sale or
other disposition of all or substantially all of the assets of the Company and its
subsidiaries to a Person determined on a consolidated basis. An initial public offering of
            shares of the Company’s common stock does not constitute a Change in Control.

     “Claim” means a claim or action asserted by a Person in a Proceeding or any other
written demand for relief in connection with or arising from an Indemnification Event.

     “Company Action” means a Proceeding in which a Claim has been brought by or in the name
of the Company to procure a judgment in its favor.

     “Covered Entity” means (i) the Company, (ii) any subsidiary of the Company or (iii) any
other Person for which Indemnitee is, was or may be deemed to be serving at the request of
the Company, or at the request of any subsidiary of the Company, as a director, officer,
employee, controlling person, agent or fiduciary.

     “Disinterested Director” means, with respect to any determination contemplated by this
Agreement, any Person who, as of the time of such determination, is a member of the
Company’s board of directors but is not a party to any Proceeding then pending with respect
to any Indemnification Event.

     “ERISA” means the Employee Retirement Income Security Act of 1974, as amended, or any
similar federal statute then in effect.

     “Exchange Act” means the Securities Exchange Act of 1934, as amended, or any similar
federal statute then in effect.

2

 

     “Expenses” means any and all direct and indirect fees, costs, retainers, court costs,
transcript costs, expert fees, witness fees, travel expenses, duplicating costs, printing
costs, binding costs, telephone charges, postage and delivery service fees, and all other
disbursements or expenses of any type or nature whatsoever reasonably incurred by Indemnitee
(including, subject to the limitations set forth in Section 3(c) below, reasonable
attorneys’ fees) in connection with or arising from an Indemnification Event, including,
without limitation: (i) the investigation or defense of a Claim; (ii) being, or preparing to
be, a witness or otherwise participating, or preparing to participate, in any Proceeding;
(iii) furnishing, or preparing to furnish, documents in response to a subpoena or otherwise
in connection with any Proceeding; (iv) any appeal of any judgment, outcome or determination
in any Proceeding (including, without limitation, any premium, security for and other costs
relating to any cost bond, supersedeas bond or any other appeal bond or its equivalent); (v)
establishing or enforcing any right to indemnification under this Agreement (including,
without limitation, pursuant to Section 2(c) below), Delaware law or otherwise, regardless
of whether Indemnitee is ultimately successful in such action, unless as a part of such
action, a court of competent jurisdiction over such action determines that each of the
material assertions made by Indemnitee as a basis for such action was not made in good faith
or was frivolous; (vi) Indemnitee’s defense of any Proceeding instituted by or in the name
of the Company under this Agreement to enforce or interpret any of the terms of this
Agreement (including, without limitation, costs and expenses incurred with respect to
Indemnitee’s counterclaims and cross-claims made in such action); and (vii) any federal,
state, local or foreign taxes imposed on Indemnitee as a result of the actual or deemed
receipt of any payments under this Agreement, including all interest, assessments and other
charges paid or payable with respect to such payments. For purposes of clarification,
Expenses shall not include Losses.

     “Former Director or Officer” means, with respect to a determination contemplated by
this Agreement made following a Change in Control, a Person who was a member of the
Company’s board of directors or an executive officer of the Company immediately prior to
such Change in Control but who is no longer serving on the Company’s board of directors or
as an executive officer of the Company as of the time of such determination.

     An “Indemnification Event” shall be deemed to have occurred if Indemnitee was, is or
becomes, or is threatened to be made, a party to or witness or other participant in, or was,
is or becomes obligated to furnish or furnishes documents in response to a subpoena or
otherwise in connection with, any Proceeding by reason of the fact that Indemnitee is, was
or may be deemed a director, officer, employee, controlling person, agent or fiduciary of
any Covered Entity, or by reason of any action or inaction on the part of Indemnitee while
serving in any such capacity (including, without limitation, rendering any written statement
that is a Required Statement or is made to another officer or employee of the Covered Entity
to support a Required Statement).

     “Independent Legal Counsel” means an attorney or firm of attorneys designated by the
Disinterested Directors (or, if there are no Disinterested Directors, the Company’s board of
directors) that (a) is experienced in matters of corporate law and neither presently is, nor
in the thirty-six (36) months prior to such designation has been, retained to represent (i)
the Company or Indemnitee in any matter material to either such party, or

3

 

(ii) any other party to the Proceeding giving rise to a claim for indemnification hereunder,
and (b) in the event Former Directors or Officers are seeking indemnification hereunder
following a Change in Control, is reasonably acceptable to a majority of such Former
Directors or Officers.

     “Losses” means any and all losses, claims, damages, liabilities, judgments, fines,
penalties, settlement payments, awards and amounts of any type whatsoever incurred by
Indemnitee in connection with or arising from an Indemnification Event. For purposes of
clarification, Losses shall not include Expenses.

     “Organizational Documents” means any and all organizational documents, charters or
similar agreements or governing documents, including, without limitation, (i) with respect
to a corporation, its certificate of incorporation and by-laws, (ii) with respect to a
limited liability company, its certificate of formation and operating agreement, and (iii)
with respect to a limited partnership, its certificate of partnership and partnership
agreement.

     “Proceeding” means any threatened, pending or completed claim, action, suit,
proceeding, arbitration, alternative dispute resolution mechanism, investigation, inquiry,
administrative hearing or appeal, whether brought in the right of a Covered Entity or
otherwise and whether of a civil (including intentional or unintentional tort claims),
criminal, administrative or investigative nature.

     “Person” means an individual, a partnership, a corporation, a limited liability
company, an association, a joint stock company, a trust, a joint venture, an unincorporated
organization, an employee benefit plan, any other enterprise or any government, agency or
political subdivision thereof.

     “Required Statement” means a written statement of a Person that is required to be, and
is, filed with the SEC regarding (i) the design, adequacy or evaluation of a Covered
Entity’s internal control over financial reporting or disclosure controls and procedures or
(ii) the accuracy, sufficiency or completeness of reports or statements filed by a Covered
Entity with the SEC pursuant to federal law and/or administrative regulations, including,
without limitation, the certifications contemplated by Sections 302 and 906 of the
Sarbanes-Oxley Act of 2002, as amended, or any rule or regulation promulgated pursuant
thereto.

     “Reviewing Party” means, with respect to any determination contemplated by this
Agreement, any one of the following: (i) a majority of all Disinterested Directors, even if
such Disinterested Directors do not constitute a quorum of the Company’s board of directors;
(ii) a committee of Disinterested Directors, even if such committee members do not
constitute a quorum of the Company’s board of directors, so long as such committee was
designated by a majority of all Disinterested Directors; (iii) if there are no Disinterested
Directors, or if the Disinterested Directors so direct, Independent Legal Counsel, in which
case the applicable determination shall be provided in a written opinion to the Company’s
board of directors, with a copy provided to the Indemnitee; (iv) the Company’s stockholders,
if there are no Disinterested Directors and if the Indemnitee provides written consent to
the stockholders making the applicable determination; or (v)

4

 

if Indemnitee is not a director or executive officer of the Company at the time of such
determination, the Company’s board of directors.

     “SEC” means the Securities and Exchange Commission.

     “Securities Act” means the Securities Act of 1933, as amended, or any similar federal
statute then in effect.

     2. Indemnification.

          (a) Indemnification of Losses and Expenses. If an Indemnification Event has occurred,
then, subject to Section 9 and the other provisions of this Agreement below, the Company shall
indemnify and hold harmless Indemnitee, to the fullest extent permitted by law, against any and all
Losses and Expenses, but only if the Indemnitee acted in good faith and in a manner Indemnitee
reasonably believed to be in, or not opposed to, the best interests of the Company, and, with
respect to any criminal Proceeding, only if the Indemnitee had no reasonable cause to believe
Indemnitee’s conduct was unlawful. The termination of any Proceeding by judgment, court order,
settlement or conviction, or on plea of nolo contendere or its equivalent, shall not, of itself,
create a presumption that Indemnitee (i) did not act in good faith and in a manner which Indemnitee
reasonably believed to be in, or not opposed to, the best interests of the Company or (ii) with
respect to any criminal Proceeding, had reasonable cause to believe that Indemnitee’s conduct was
unlawful.

          (b) Limitation with Respect to Company Actions. Notwithstanding the foregoing, the
Company shall not indemnify and hold harmless Indemnitee with respect to any Losses (as opposed to
Expenses) in connection with or arising from any Company Action. Furthermore, the Company shall
not indemnify and hold harmless Indemnitee with respect to any Expenses in connection with or
arising from any Company Action as to which the Indemnitee shall have been adjudged to be liable to
the Company by a court of competent jurisdiction, unless, and then only to extent that, any court
in which such Company Action was brought shall determine upon application that, despite the
adjudication of liability, but in view of all of the circumstances of the case, the Indemnitee is
fairly and reasonably entitled to indemnification for such Expenses as such court shall deem
proper.

          (c) Advancement of Expenses. To the extent permitted by applicable law and until a
determination that Indemnitee is not entitled to be indemnified by the Company under the terms
hereof, the Company shall advance Expenses to or on behalf of Indemnitee as soon as practicable,
but in any event not later than 30 days after written request therefor by Indemnitee, which request
shall be accompanied by vouchers, invoices or similar evidence documenting in reasonable detail the
Expenses incurred or to be incurred by Indemnitee. The Indemnitee hereby undertakes to repay such
amounts advanced if, and only to the extent that, it shall ultimately be determined that Indemnitee
is not entitled to be indemnified by the Company for such Expenses under this Agreement.

          (d) Contribution. If, and to the extent, the indemnification of Indemnitee provided
for in Section 2(a) above for any reason is held by a court of competent jurisdiction not to be
permissible for liabilities arising under federal securities laws or ERISA, then the Company, in
lieu of indemnifying Indemnitee under this Agreement, shall contribute to the

5

 

amount paid or payable by Indemnitee as a result of such Losses or Expenses (i) in such
proportion as is appropriate to reflect the relative benefits received by the Covered Entities and
all officers, directors or employees of the Covered Entities other than Indemnitee who are jointly
liable with Indemnitee (or would be if joined in such Proceeding), on the one hand, and Indemnitee,
on the other hand, or (ii) if the allocation provided by clause (i) above is not permitted by
applicable law, in such proportion as is appropriate to reflect not only the relative benefits
referred to in clause (i) above but also the relative fault of the Covered Entities and all
officers, directors or employees of the Covered Entities other than Indemnitee who are jointly
liable with Indemnitee (or would be if joined in such Proceeding), on the one hand, and the
Indemnitee, on the other hand, in connection with the action or inaction that resulted in such
Losses or Expenses, as well as any other relevant equitable considerations. The relative fault of
the Covered Entities and all officers, directors or employees of the Covered Entities other than
Indemnitee who are jointly liable with Indemnitee (or would be if joined in such Proceeding), on
the one hand, and Indemnitee, on the other hand, shall be determined by reference to, among other
things, the degree to which their actions were motivated by intent to gain personal profit or
advantage, the degree to which their liability is primary or secondary, and the degree to which
their conduct is active or passive. Notwithstanding the foregoing, no Person found guilty of
fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be
entitled to contribution from any person who was not found guilty of such fraudulent
misrepresentation.

     3. Indemnification Procedures.

          (a) Notice of Indemnification Event. Indemnitee shall give the Company notice as soon
as practicable of any Indemnification Event of which Indemnitee becomes aware and of any request
for indemnification hereunder, provided that any failure to so notify the Company shall not relieve
the Company of any of its obligations under this Agreement, except if, and then only to the extent
that, such failure increases the liability of the Company under this Agreement.

          (b) Notice to Insurers. If, at the time the Company receives notice of an
Indemnification Event pursuant to Section 3(a) above, the Company has liability insurance in effect
which may cover such Indemnification Event, the Company shall give prompt written notice of such
Indemnification Event to the insurers in accordance with the procedures set forth in each of the
applicable policies of insurance. The Company shall thereafter take all necessary or desirable
action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of
such Indemnification Event in accordance with the terms of such policies; provided that nothing in
this Section 3(b) shall affect the Company’s obligations under this Agreement or the Company’s
obligations to comply with the provisions of this Agreement in a timely manner as provided.

          (c) Selection of Counsel. If the Company shall be obligated hereunder to pay or
advance Expenses or indemnify Indemnitee with respect to any Losses, the Company shall be entitled
to assume the defense of any related Claims, with counsel selected by the Company; provided that
following a Change in Control, if any Former Directors or Officers are seeking indemnification in
connection with any such Proceeding, such counsel shall be subject to the prior written approval of
a majority of such Former Directors or Officers who are seeking indemnification, which approval
shall not be unreasonably withheld, conditioned or delayed.

6

 

After the retention of such counsel by the Company and the receipt of any approval required
under the preceding sentence, the Company will not be liable to Indemnitee under this Agreement for
any fees of counsel subsequently incurred by Indemnitee with respect to the defense of such Claims;
provided that: (i) Indemnitee shall have the right to employ counsel in connection with any such
Claim at Indemnitee’s expense and (ii) if (A) the employment of counsel by Indemnitee has been
previously authorized by the Company with respect to the period after the Company has retained
counsel to defend such Claim and such authorization has not been withdrawn, (B) counsel for
Indemnitee shall have provided the Company with a written opinion that there is or there is
reasonably likely to be a conflict of interest between the Company and Indemnitee in the conduct of
any such defense or (C) the Company shall not continue to retain such counsel to defend such Claim,
then the fees and expenses of Indemnitee’s counsel shall be at the expense of the Company.

     4. Determination of Right to Indemnification.

          (a) Successful Proceeding. To the extent Indemnitee has been successful, on the
merits or otherwise, in defense of any Proceeding referred to in Section 2(a) or 2(b), the Company
shall indemnify Indemnitee against Losses and Expenses incurred by Indemnitee in connection
therewith. If Indemnitee is not wholly successful in such Proceeding, but is successful, on the
merits or otherwise, as to one or more but less than all Claims in such Proceeding, the Company
shall indemnify Indemnitee against all Losses and Expenses actually or reasonably incurred by
Indemnitee in connection with each successfully resolved Claim.

          (b) Other Proceedings. In the event that Section 4(a) is inapplicable, the Company
shall nevertheless indemnify Indemnitee, unless and to the extent a Reviewing Party chosen pursuant
to Section 4(c) determines that Indemnitee has not met the applicable standard of conduct set forth
in Section 2(a) or 2(b), as applicable, as a condition to such indemnification.

          (c) Reviewing Party Determination. If, and to the extent, any applicable law requires
the determination that Indemnitee has met the applicable standard of conduct set forth in Section
2(a) or 2(b), as applicable, as a condition to any such indemnification, a Reviewing Party chosen
by the Company’s board of directors (which Reviewing Party shall be an Independent Legal Counsel in
the event Former Directors or Officers are seeking indemnification hereunder following a Change in
Control) shall make such determination in writing, subject to the following:

          (i) A Reviewing Party so chosen shall act in the utmost good faith to assure Indemnitee
a complete opportunity to present to such Reviewing Party Indemnitee’s evidence that
Indemnitee has met the applicable standard of conduct.

          (ii) Indemnitee shall be deemed to have acted in good faith if Indemnitee’s action is
based on the records or books of account of a Covered Entity, including, without limitation,
its financial statements, or on information supplied to Indemnitee by the officers or
employees of a Covered Entity in the course of their duties, or on the advice of legal
counsel for a Covered Entity or on information or records given, or reports made, to a
Covered Entity by an independent certified public accountant or by an appraiser or other
expert selected with reasonable care by a Covered Entity, except and to the extent that (A)
Indemnitee knew or had reason to know that such records or books

7

 

of account of a Covered Entity, information supplied by the officers or employees of a
Covered Entity, advice of legal counsel or information or records given or reports made by
an independent certified public accountant or by an appraiser or other expert were
materially false or materially inaccurate, or (B) Indemnitee has not satisfied his or her
duty of loyalty to the Covered Entity. In addition, the knowledge and/or actions, or failure
to act, of any director, officer, agent or employee of a Covered Entity shall not be imputed
to Indemnitee for purposes of determining the right to indemnification under this Agreement.
Whether or not the foregoing provisions of this Section 4(c)(ii) are satisfied, it shall in
any event be presumed that Indemnitee has at all times acted in good faith and in a manner
Indemnitee reasonably believed to be in, or not opposed to, the best interests of the
Company. Any Person seeking to overcome this presumption shall have the burden of proof and
the burden of persuasion, by a preponderance of the evidence.

          (iii) If a Reviewing Party chosen pursuant to this Section 4(c) shall not have made a
determination whether Indemnitee is entitled to indemnification within thirty (30) days
after being chosen as the Reviewing Party, the requisite determination of entitlement to
indemnification shall be deemed to have been made and Indemnitee shall be entitled to such
indemnification, absent (A) a misstatement by Indemnitee of a material fact, or an omission
of a material fact necessary to make Indemnitee’s statement not materially misleading, in
connection with the request for indemnification, or (B) a prohibition of such
indemnification under applicable law; provided, however, that such thirty (30) day period
may be extended for a reasonable time, not to exceed an additional fifteen (15) days, if the
Reviewing Party in good faith requires such additional time for obtaining or evaluating
documentation and/or information relating thereto; and provided, further, that the foregoing
provisions of this Section 4(c)(iii) shall not apply if (I) the determination of entitlement
to indemnification is to be made by the stockholders of the Company, (II) a special meeting
of stockholders is called by the board of directors of the Company for such purpose within
thirty (30) days after the stockholders are chosen as the Reviewing Party, (III) such
meeting is held for such purpose within sixty (60) days after having been so called, and
(IV) such determination is made thereat.

          (d) Appeal to Court. Notwithstanding a determination by a Reviewing Party chosen
pursuant to Section 4(c) that Indemnitee is not entitled to indemnification with respect to a
specific Claim or Proceeding (an “Adverse Determination”), Indemnitee shall have the right to apply
to the court in which that Claim or Proceeding is or was pending or any other court of competent
jurisdiction for the purpose of enforcing Indemnitee’s right to indemnification pursuant to this
Agreement; provided that Indemnitee shall commence any such Proceeding seeking to enforce
Indemnitee’s right to indemnification within one (1) year following the date upon which Indemnitee
is notified in writing by the Company of the Adverse Determination. In the event of any dispute
between the parties concerning their respective rights and obligations hereunder, the Company shall
have the burden of proving that the Company is not obligated to make the payment or advance claimed
by Indemnitee.

          (e) Presumption of Success. The Company acknowledges that a settlement or other
disposition short of final judgment shall be deemed a successful resolution for purposes of Section
4(a) if it permits a party to avoid expense, delay, distraction, disruption or uncertainty. In the
event that any Proceeding to which Indemnitee is a party is resolved in any manner other than by
adverse judgment against Indemnitee (including, without limitation, settlement of such

8

 

Proceeding with or without payment of money or other consideration), it shall be presumed that
Indemnitee has been successful on the merits or otherwise in such Proceeding, unless there has been
a finding (either adjudicated or pursuant to Section 4(c) above) that Indemnitee (i) did not act in
good faith, (ii) did not act in a manner reasonably believed to be in, or not opposed to, the best
interests of the Company, or (iii) with respect to any criminal proceeding, had reasonable grounds
to believe his or her conduct was unlawful. Anyone seeking to overcome this presumption shall have
the burden of proof and the burden of persuasion, by a preponderance of the evidence.

     5. Additional Indemnification Rights; Non-exclusivity.

          (a) Scope. The Company hereby agrees to indemnify Indemnitee to the fullest extent
permitted by law, even if such indemnification is not specifically authorized by the other
provisions of this Agreement or any other agreement, the Organizational Documents of any Covered
Entity or by applicable law. In the event of any change after the date of this Agreement in any
applicable law, statute or rule, that expands the right of a Delaware corporation to indemnify a
member of its board of directors or an officer, employee, controlling person, agent or fiduciary,
it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater
benefits afforded by such change. In the event of any change in any applicable law, statute or
rule that narrows the right of a Delaware corporation to indemnify a member of its board of
directors or an officer, employee, controlling person, agent or fiduciary, such change, to the
extent not otherwise required by such law, statute or rule to be applied to this Agreement, shall
have no effect on this Agreement or the parties rights and obligations hereunder except as set
forth in Section 9(a) hereof.

          (b) Non-exclusivity. The rights to indemnification, contribution and advancement of
Expenses provided in this Agreement shall not be deemed exclusive of, but shall be in addition to,
any other rights to which Indemnitee may at any time be entitled under the Organizational Documents
of any Covered Entity, any other agreement, any vote of stockholders or Disinterested Directors,
the laws of the State of Delaware or otherwise. Furthermore, no right or remedy herein conferred
is intended to be exclusive of any other right or remedy, and every other right and remedy shall be
cumulative and in addition to every other right and remedy given hereunder or now or hereafter
existing at law or in equity or otherwise. The assertion of any right or remedy hereunder or
otherwise shall not prevent the concurrent assertion of any other right or remedy. The rights to
indemnification, contribution and advancement of Expenses provided in this Agreement shall continue
as to Indemnitee for any action Indemnitee took or did not take while serving in an indemnified
capacity even though Indemnitee may have ceased to serve in such capacity.

     6. No Duplication of Payments. Notwithstanding anything to the contrary herein, the
Company shall not be liable under this Agreement to make any payment of any amount otherwise
indemnifiable hereunder, or for which advancement is provided hereunder, if and to the extent
Indemnitee has otherwise actually received such payment, whether pursuant to any insurance policy,
the Organizational Documents of any Covered Entity or otherwise.

     7. Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that, in
certain instances, federal law or public policy may override applicable state law and prohibit the
Company from indemnifying its directors and officers under this Agreement or

9

 

otherwise. For example, the Company and Indemnitee acknowledge that the SEC has taken the
position that indemnification is not permissible for liabilities arising under certain federal
securities laws, and federal legislation prohibits indemnification for certain ERISA violations.
Indemnitee understands and acknowledges that the Company has undertaken, or may be required in the
future to undertake, with the SEC to submit the question of indemnification to a court in certain
circumstances for a determination of the Company’s right under public policy to indemnify
Indemnitee, and any right to indemnification hereunder shall be subject to, and conditioned upon,
any such required court determination.

     8. Liability Insurance. The Company shall use its reasonable efforts to obtain and
maintain in full force and effect liability insurance applicable to directors and officers in
reasonable amounts from established and reputable insurers (subject to appropriate cost
considerations), as determined in good faith by the Company’s board of directors. To the extent the
Company maintains liability insurance applicable to directors, officers, employees, controlling
persons, agents or fiduciaries of any Covered Entity, Indemnitee shall be covered by such policy or
policies in such a manner as to provide Indemnitee the same rights and benefits as are accorded to
the most favorably insured of the Covered Entity’s directors, if Indemnitee is a director of such
Covered Entity, or of the Covered Entity’s officers, if Indemnitee is not a director of such
Covered Entity but is an officer of such Covered Entity, or of the Covered Entity’s key employees,
controlling persons, agents or fiduciaries, if Indemnitee is not an officer or director but is a
key employee, controlling person, agent or fiduciary of such Covered Entity, as the case may be.
The Company shall advise Indemnitee as to the general terms of, and the amounts of coverage
provided by, any liability insurance policy described in this Section 8 and shall promptly notify
Indemnitee if, at any time, any such insurance policy will no longer be maintained, the amount of
coverage under any such insurance policy will be decreased or the terms of any such insurance
policy will materially change.

     9. Exceptions. Any other provision herein to the contrary notwithstanding, the
Company shall not be obligated pursuant to the terms of this Agreement to indemnify Indemnitee:

     (a) against any Losses or Expenses, or to advance Expenses to Indemnitee, with respect
to Claims initiated or brought voluntarily by Indemnitee, and not by way of defense
(including, without limitation, affirmative defenses and counter-claims), except (i) Claims
to establish or enforce a right to indemnification, contribution or advancement with respect
to an Indemnification Event, whether under this Agreement, any other agreement or insurance
policy, the Company’s Organizational Documents of any Covered Entity, the laws of the State
of Delaware or otherwise, or (ii) if the Company’s board of directors has approved
specifically the initiation or bringing of such Claim;

     (b) against any Losses or Expenses, or to advance Expenses to Indemnitee, with respect
to Claims arising (i) with respect to an accounting of profits made from the purchase and
sale (or sale and purchase) by Indemnitee of securities of the Company within the meaning of
Section 16(b) of the Exchange Act or (ii) pursuant to Section 304 or 306 of the
Sarbanes-Oxley Act of 2002, as amended, or any rule or regulation promulgated pursuant
thereto;

10

 

     (c) if, and to the extent, that a court of competent jurisdiction enters a judgment
that such indemnification is not lawful, except to the extent such judgment is later
reversed on appeal;

     (d) for any amounts paid in settlement of any Claim effected without the Company’s
prior written consent. The Company shall not settle any Claim in which it takes the position
that Indemnitee is not entitled to indemnification in connection with such settlement
without the prior written consent of the Indemnitee, nor shall the Company settle any Claim
in any manner which would impose any fine or obligation on Indemnitee that is not
indemnified by the Company hereunder, without Indemnitee’s prior written consent; or

     (e) if, and to the extent, that the amounts paid in settlement of any Claim were
pursuant to a settlement approved by a court of competent jurisdiction and indemnification
would be inconsistent with any condition with respect to indemnification expressly imposed
by the court in approving the settlement.

     10. Miscellaneous.

          (a) Counterparts. This Agreement may be executed in one or more counterparts, each of
which shall constitute an original.

          (b) Binding Effect; Successors and Assigns. This Agreement shall be binding upon and
inure to the benefit of and be enforceable by the parties hereto and their respective successors
and assigns (including with respect to the Company, any direct or indirect successor, by purchase,
merger, consolidation or otherwise, to all or substantially all of the business and/or assets of
the Company) and with respect to Indemnitee, his or her spouse, heirs, and personal and legal
representatives. The Company shall require and cause any successor or assign (whether direct or
indirect, by purchase, merger, consolidation or otherwise) to all, substantially all, or a
substantial part, of the business and/or assets of the Company, to assume and agree to perform this
Agreement in the same manner and to the same extent that the Company would be required to perform
if no such succession or assignment had taken place. This Agreement shall continue in effect with
respect to Claims relating to Indemnification Events regardless of whether Indemnitee continues to
serve as a director, officer, employee, controlling person, agent or fiduciary of any Covered
Entity.

          (c) Notice. All notices and other communications required or permitted hereunder
shall be in writing, shall be effective when given, and shall in any event be deemed to be given
(a) five (5) days after deposit with the U.S. Postal Service or other applicable postal service, if
delivered by first class mail, postage prepaid, (b) upon delivery, if delivered by hand, (c) one
(1) business day after the business day of deposit with Federal Express or similar, nationally
recognized overnight courier, freight prepaid, or (d) one (1) business day after the business day
of delivery by confirmed facsimile transmission, if deliverable by facsimile transmission, with
copy by other means permitted hereunder, and addressed, if to Indemnitee, to the Indemnitee’s
address or facsimile number (as applicable) as set forth beneath the Indemnitee’s signature to this
Agreement, or, if to the Company, at the address or facsimile number (as applicable) of its
principal corporate offices (attention: Secretary), or at such other

11

 

address or facsimile number (as applicable) as such party may designate to the other parties
hereto.

          (d) Enforceability. This Agreement is a legal, valid and binding obligation of the
Company, enforceable against the Company in accordance with its terms.

          (e) Consent to Jurisdiction. The Company and Indemnitee each hereby irrevocably
consent to the jurisdiction and venue of the courts of the State of Delaware for all purposes in
connection with any Proceeding which arises out of or relates to this Agreement and agree that any
Proceeding instituted under this Agreement shall be commenced, prosecuted and continued only in the
courts of the State of Delaware. COMPANY AND INDEMNITEE HEREBY IRREVOCABLY WAIVE ANY AND ALL RIGHTS
TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATED TO THIS AGREEMENT.

          (f) Severability. The provisions of this Agreement shall be severable in the event
that any of the provisions hereof (including any provision within a single section, paragraph or
sentence) are held by a court of competent jurisdiction to be invalid, void or otherwise
unenforceable, and the remaining provisions shall remain enforceable to the fullest extent
permitted by law. Furthermore, to the fullest extent possible, the provisions of this Agreement
(including, without limitation, each portion of this Agreement containing any provision held to be
invalid, void or otherwise unenforceable that is not itself invalid, void or unenforceable) shall
be construed so as to give effect to the purposes manifested by the provision held invalid, illegal
or unenforceable.

          (g) Choice of Law. This Agreement shall be governed by and its provisions shall be
construed and enforced in accordance with, the laws of the State of Delaware, without regard to the
conflict of laws principles thereof.

          (h) Subrogation. In the event of payment under this Agreement, the Company shall be
subrogated to the extent of such payment to all of the rights of recovery of Indemnitee, who shall
execute all documents required and shall do all acts that may be necessary to secure such rights
and to enable the Company effectively to bring suit to enforce such rights.

          (i) Amendment and Termination. No amendment, modification, termination or
cancellation of this Agreement shall be effective unless it is in a writing signed by the parties
to be bound thereby. Notice of the same shall be provided to all parties hereto. No waiver of any
of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other
provisions hereof (whether or not similar), nor shall such waiver constitute a continuing waiver.

          (j) No Construction as Employment Agreement. Nothing contained in this Agreement
shall be construed as giving Indemnitee any right to be retained or to continue in the employ or
service of any Covered Entity.

[remainder of page intentionally left blank; signature page follows]

12

 

     In Witness Whereof, the parties hereto have executed this Agreement on and as of the
day and year first above written.

	 	 	 	 	 	 	 	 	 
	 	 	COMPANY:	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	Dolan Media Company,

a Delaware corporation	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	Name:	 	 	 	 
	 	 	Title:	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	INDEMNITEE:	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 

	 	Fax:	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	Address:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00125-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00125-of-00352.parquet"}]]