Document:

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EXHIBIT 4.1

THESE SECURITIES HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION UNDER THE
SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND ANY SALE, TRANSFER,
PLEDGE OR OTHER DISPOSITION THEREOF MAY BE MADE ONLY (i) IN A REGISTRATION OR QUALIFICATION OR (ii)
IF AN EXEMPTION FROM REGISTRATION OR QUALIFICATION IS AVAILABLE AND THE COMPANY HAS RECEIVED AN
OPINION OF COUNSEL TO THAT EFFECT REASONABLY SATISFACTORY TO THE COMPANY.

WARRANT TO PURCHASE

SHARES OF COMMON STOCK

OF

MAKEMUSIC, INC.

VOID AFTER 5:00 P.M. MINNEAPOLIS, MINNESOTA TIME ON FEBRUARY 27, 2008

			
	 	 	 
	Issuance Date: January 19, 2007
	 	Warrant No. 210     

     THIS CERTIFIES that, subject to the terms and conditions herein set forth, LaunchEquity
Acquisition Partners, LLC – Education Partners or his/her/its registered assigns, is entitled to
purchase from MAKEMUSIC, INC., a Minnesota corporation (the “Company”), at any time after
the Issuance Date and prior to 5:00 p.m. Minneapolis, Minnesota time on February 27, 2008, 312,500
shares of Common Stock (as defined below) (the “Warrant Shares”) at the Warrant Exercise
Price (as defined below). The $.01 par value common stock of the Company is herein referred to as
the “Common Stock”. The “Warrant Exercise Price” shall equal the average closing
bid price of one share of Common Stock on the Nasdaq SmallCap Market for the 60 trading days
immediately preceding the first closing of the offering in accordance with the Company’s Private
Placement Memorandum dated December 2, 2002, as supplemented January 31, 2003; that such
per share price shall be $3.20.

     This Warrant was originally issued to FCPI Soge Innovation 5 (126,042 shares), FCPI Soge
Innovation 6 (101,042 shares) and FCPI Soge Innovation 7 (85,416 shares) on February 28, 2003, and
the rights granted hereby are subject to the following terms and conditions:

Adjustment of Warrant Exercise Price and Number of Warrant Shares. The provisions in this
Warrant relating to die Warrant Exercise Price and the number of Warrant Shares to be issued upon
exercise of this Warrant shall be subject to adjustment from time to time as hereinafter provided
in this Section.

     Upon each adjustment of the Warrant Exercise Price, the holder of this Warrant shall
thereafter be entitled to purchase, at the Warrant Exercise Price resulting from such adjustment,
the number of shares of Common Stock obtained by multiplying the Warrant Exercise Price in effect
immediately prior to such adjustment by the number of shares of Common Stock purchasable hereto
immediately prior to such adjustment and dividing the product thereof by the Warrant Exercise Price
resulting from such adjustment.

     In case the Company shall at any time subdivide its outstanding Common Stock into a greater
number of shares or declare a dividend payable in Common Stock, the Warrant Exercise Price in
effect immediately prior to such subdivision shall be proportionately reduced and the number of
shares of Common Stock purchasable pursuant to this Warrant shall be proportionately increased, and
conversely, in case the Company’s outstanding Common Stock shall be combined into a smaller number
of shares, the Warrant Exercise Price in effect immediately prior to such combination shall be
proportionately increased and the number of shares of Common Stock purchasable upon the exercise of
this Warrant shall be proportionately reduced.

     If any capital reorganization or reclassification of the capital stock of the Company, or
consolidation or merger of the Company with another corporation, or the sale of all or
substantially all of its assets to another corporation shall be effected in such a way that holders
of Common Stock shall be entitled to receive stock, securities or assets (“Substituted
Property”) with respect to or in exchange for such Common Stock, then, as a condition of such
reorganization, reclassification, consolidation, merger or sale, the holder shall have the right to

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purchase and receive upon the basis and upon the terms and conditions specified in this
Warrant, and in lieu of the Common Stock of the Company immediately theretofore purchasable and
receivable upon die exercise of the rights represented hereby, such Substituted Property as would
have been issued or delivered to the holder if it had exercised this Warrant and had received upon
exercise of this Warrant the Common Stock prior to such reorganization, reclassification,
consolidation, merger, or sale. The Company shall not effect any such consolidation, merger, or
sale, unless prior to the consummation thereof the successor corporation (if other than the
Company) resulting from such consolidation or merger or the corporation purchasing such assets
shall assume the obligation to deliver to the holder such Substituted Property as, in accordance
with the foregoing provisions, the holder may be entitled to purchase.

     If the Company takes any other action, or if any other event occurs which does not come within
the scope of the provisions of Sections 2(b) or 2(c), but which should, in the Company’s reasonable
judgment, result in an adjustment in the Warrant Exercise Price and/or the number of shares subject
to the Warrant in order to fairly protect the purchase rights of the holder, an appropriate
adjustment in such purchase rights shall be made by the Company.

     Upon any adjustment of the Warrant Exercise Price or the number of shares issuable upon
exercise of this Warrant, the Company shall give written notice thereof, by express delivery or
first-class mail, postage prepaid, addressed to the holder at the address of the holder as shown on
the books of the Company, which notice shall state the Warrant Exercise Price resulting from such
adjustment and the increase or decrease, if any, in the number of shares purchasable at such price
upon the exercise of this Warrant, setting forth in reasonable detail the method of calculation and
the facts upon which such calculation is based.

No Fractional Shares. No fractional shares will be issued in connection with any exercise
of this Warrant. In lieu of any fractional share which would otherwise be issuable, the Company
shall round up to the nearest whole number of shares.

No Shareholder Rights. This Warrant shall not entitle its holder to vote, receive
dividends or exercise any of the rights of a shareholder of the Company prior to exercise of this
Warrant.

Covenants of the Company. The Company covenants that during the period this Warrant is
exercisable, the Company will reserve from its authorized and unissued shares of Common Stock a
sufficient number of shares of Common Stock to provide for the issuance of Warrant Shares upon the
exercise of this Warrant. The Company further covenants that all Warrant Shares that may be issued
upon the exercise of this Warrant will, upon payment and issuance, be duly authorized and issued,
fully paid and nonassessable shares of Common Stock.

Exercise of Warrant. This Warrant may be exercised by the registered holder, in whole or
in part, by providing the Company with at least 10 business days’ written notice of such holder’s
intent to exercise and by surrendering this Warrant at the principal office of the Company,
together with the Exercise Form attached hereto duly executed, accompanied by payment in full of
the amount of the aggregate Warrant Exercise Price in cash or check payable to the Company.
Notwithstanding anything to the contrary in this Warrant, in no event shall a partial exercise be
for Warrant Shares with an aggregate exercise price of less than $1,000. Upon partial exercise
hereof, a new warrant or warrants containing the same date and provisions as this Warrant shall be
issued by the Company to the registered holder for the number of Warrant Shares with respect to
which this Warrant shall not have been exercised. A Warrant shall be deemed to have been exercised
immediately prior to the close of business on the date the Company is in receipt of this Warrant, a
completed Exercise Form, all documents the Company may reasonably request from the holder for the
purpose of complying with applicable securities and other laws, and payment for the number of
Warrant Shares being acquired upon exercise of this Warrant. The holder entitled to receive the
Warrant Shares issuable upon such exercise shall be treated for all purposes as the holder of
record of such Warrant Shares as of the close of business on such date. After such date, the
Company shall issue and deliver to the holder or holders entitled to receive the same, a
certificate or certificates for the number of full Warrant Shares issuable upon such exercise.

     The holder has been advised that the Warrant Shares and the Warrant are not being registered
under the Act, or state securities laws pursuant to exemptions from the Act and such laws, and that
the Company’s ability and obligation to issue Warrant Shares are dependent upon the availability of
exemptions from registration under the Act and state securities law; In the event that the Company
does not meet the requirements for an exemption to registration under the Act and state securities
laws for issuance of the Warrant Shares upon exercise of the Warrant,

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the Company shall issue the Warrant Shares at the first opportunity an exemption is available, but
shall not be under any obligation to register the Warrant Shares under the Act at any time.

     Notwithstanding anything herein to the contrary, the Company shall have the right to delay any
exercise for the purpose of ensuring the availability of an exemption under applicable securities
laws for the issuance of the Warrant Shares to the holder in light of the transactions by the
Company in its securities. If the Company elects to delay any such exercise, the Company shall
inform the holder, in writing, of such delay and the terms of such delay. Any such delay shall not
lead to any change in the Warrant Exercise Price or the terms of the Warrant and shall not extend
the term of any Warrant unless such delay would extend past the expiration date of such Warrant.
In such case, the expiration date shall be extended to thirty (30) days after the end of such
delay.

Acceleration of Warrant Termination. For purposes of this section, “Change of Control”
shall mean the sale or lease of all or substantially all of the Company’s assets or a merger or
other transaction in which the holders of the Company’s voting capital stock before such
transaction hold less than fifty percent of the outstanding voting capital stock of the successor
entity after the transaction. Immediately prior to the Company completing a Change of Control, the
Company shall automatically have the right to call and terminate the Warrant, without paying any
additional consideration. The Company shall deliver prior written notice to the holder (“Call
Notice”) of a Change of Control and the effectiveness of the call right. The holder shall have
forty-five (45) days from the date of the Call Notice (“Call Period”) during which the holder may
exercise the Warrant. If the Warrant is not exercised during the Call Period, the holder shall
deliver the Warrant to the Company for cancellation. Cancellation of the Warrant shall be
effective on the Company’s books and records notwithstanding the holder’s failure to deliver the
Warrant to the Company for cancellation.

Compliance with Securities Laws and Other Transfer Restrictions.

     The holder of this Warrant, by acceptance hereof, agrees, represents and warrants that this
Warrant and the Warrant Shares which may be issued upon exercise hereof are being acquired for
investment, that the holder has no present intention to resell or otherwise dispose of all or any
part of this Warrant or any Warrant Shares, and that the holder will not offer, sell or otherwise
dispose of all or any part of this Warrant or any Warrant Shares except under circumstances which
will not result in a violation of the Act or applicable state securities laws. The Company may
condition any transfer, sale, pledge, assignment or other disposition on the receipt front the
party to whom this Warrant is to be so transferred or to whom Warrant Shares are to be issued or so
transferred, of any representations and agreements requested by the Company in order to permit such
issuance or transfer to be made pursuant to exemptions from registration under federal and
applicable state securities laws. Upon exercise of this Warrant, the holder hereof shall, if
requested by the Company, confirm in writing holder’s investment purpose and acceptance of the
restrictions on transfer of the Warrant Shares, as well as any representations and agreements
requested by the Company in order to permit the issuance of Warrant Shares to be made pursuant to
exemptions from registration under federal and applicable state securities laws.

     In the event the holder of this Warrant desires to transfer this Warrant, the holder shall
provide the Company with a Form of Assignment, in the form attached hereto describing the manner of
such transfer, and an opinion of counsel (reasonably acceptable to the Company) that the proposed
transfer may be effected without registration or qualification under applicable securities laws,
whereupon such holder shall be entitled to transfer this Warrant in accordance with the notice
delivered by such holder to the Company. If, in the opinion of the counsel referred to in this
Section, the proposed transfer or disposition described in the written notice given may not be
effected without registration or qualification of this Warrant, the Company shall give written
notice thereof to the holder hereof, and such holder will limit its activities in respect to such
proposed transfer or disposition as, in the opinion of such counsel, are permitted by law. The
Company may place one or more restrictive legends on the Warrant or any certificates representing
the Warrant Shares which set forth the restrictions contained herein, and may further place a “stop
transfer” restriction in the Company’s books and records with respect to the Warrant and any
Warrant Shares. The restrictions set forth in this Warrant shall be binding upon any holder,
donee, assignee or transferee of the Warrant or the Warrant Shares.

     The holder will not, for a period of 180 days after the issuance date of this Warrant, sell,
transfer or otherwise dispose of, or agree to sell, transfer or otherwise dispose of any of the
Warrants or Warrant Shares or sell, transfer or otherwise dispose of, or agree to sell, transfer or
otherwise dispose of any options, rights or warrants to

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purchase any of the Warrants or Warrant Shares beneficially held by the holder. The foregoing
restrictions do not prohibit gifts to donees or transfers by will or the laws of descent to heirs
or beneficiaries provided that such donees, heirs and beneficiaries shall be bound by these
restrictions.

Registration Rights.

     If at any time after the issuance date of this Warrant and prior to the end of the one-year
period following complete exercise of this Warrant, the Company proposes to register under the 1933
Act (except by a Form S-4 or Form S-8 Registration Statement or any successor forms thereto) or
qualify for a public distribution under Section 3(b) of the 1933 Act, any of its securities, it
will give written notice to the holder of this Warrant, any Warrants issued in exchange hereof and
any Warrant Shares of its intention to do so and, on the written request of any such holder given
within twenty (20) days after receipt of any such notice (which request shall specify the interest
in this Warrant or the Warrant Shares intended to be sold or disposed of by such holder and
describe the nature of any proposed sale or other disposition thereof), the Company will use its
best efforts to cause all such Warrant Shares, the holder of which shall have requested the
registration or qualification thereof, to be included in such registration statement proposed to be
filed by the Company; provided, however, that if a greater number of Warrant Shares is offered for
participation in the proposed offering than in the reasonable opinion of the managing underwriter
of the proposed offering can be accommodated without adversely affecting the proposed offering,
then the amount of Warrant Shares proposed to be offered by such holder for registration, as well
as the number of securities of any other selling shareholders participating in the registration,
shall be proportionately reduced to a number deemed satisfactory by the managing underwriter, which
number of shares to be sold by selling shareholders may be zero.

     With respect to each inclusion of securities in a registration statement pursuant to this
Section 8, the Company shall bear the following fees, costs, and expenses: all registration,
filing and NASD fees, printing expenses, fees and disbursements of counsel and accountants for the
Company, fees and disbursements of counsel for the underwriter or underwriters of such securities
(if the Company is required, to bear such fees and disbursements), all internal expenses, the
premiums and other costs of policies of insurance against liability arising out of the public
offering, and legal fees and disbursements and other expenses of complying with state securities
laws of any jurisdictions in which the securities to be offered are to be registered or qualified.
Fees and disbursements of special counsel and accountants for the selling holders, underwriting
discounts and commissions, and transfer taxes for selling holders and any other expenses relating
to the sale of securities by the selling holders not expressly included above shall be borne by the
selling holders;

     The Company hereby indemnifies the holder of this Warrant and of any Warrant Shares, and the
officers and directors, if any, who control such holder, within the meaning of Section 15 of the
1933 Act, against all losses, claims, damages, and liabilities caused by (1) any untrue statement
or alleged untrue statement of a material fact contained in any registration statement or
prospectus (and as amended or supplemented if the Company shall have furnished any amendments
thereof or supplements thereto), any preliminary prospectus or any state securities law filings
related to the registration of the Warrant Shares pursuant to this Section 8; (2) any omission or
alleged omission to state therein a material fact required to be stated therein or necessary to
make the statements therein not misleading except insofar as such losses, claims, damages or
liabilities are caused by any untrue statement or omission contained in information furnished in
writing to the Company by such holder expressly for use therein. Holder by its acceptance hereof
severally agrees that it will indemnify and hold harmless the Company, each of its officers who
signs any such registration statement related to the registration of the Warrant Shares pursuant to
this Section 8, and each person, if any, who controls the Company, within the meaning of Section 15
of the 1933 Act, with respect to losses, claims, damages or liabilities which are caused by any
untrue statement or omission contained in information furnished in writing to the Company by such
holder expressly for use therein.

Subdivision of Warrant. At the request of the holder of this Warrant in connection with a
transfer or exercise of a portion of the Warrant, upon surrender of such Warrant for such purpose
to the Company, the Company will issue and exchange therefor warrants of like tenor and date
representing in the aggregate the right to purchase such number of shares of Common Stock as shall
be designated by such holder at the time of such surrender; provided, however, that the Company’s
obligations to subdivide securities under this Section shall be subject to and conditioned upon the
compliance of any such subdivision with applicable securities laws.

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Loss, Theft, Destruction or Mutilation of Warrant. Upon receipt by the Company of evidence
reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Warrant, and in
case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it, and
upon reimbursement to the Company of all reasonable expenses incidental thereto, and upon surrender
and cancellation of this Warrant, if mutilated, the Company will make and deliver a new Warrant of
like tenor and dated as of the initial Warrant, in lieu of this Warrant.

Miscellaneous. This Warrant shall be governed by the laws of the state of Minnesota
without reference to such state’s choice of laws provisions. The headings in this Warrant are for
purposes of convenience and reference only, and shall not be deemed to constitute a part hereof.
Neither this Warrant nor any term hereof may be changed, waived, discharged or terminated orally
but only by an instrument in writing signed by the Company and the registered holder hereof. All
notices or other communications required or permitted hereunder shall be in writing. A written
notice or other communication shall be deemed to have been sufficiently given: (i) if delivered by
hand, when such notice is received from the notifying party; (ii) if transmitted by facsimile or
timely delivered to a reputable express courier, on the next business day following the day so
transmitted or delivered; or (iii) if delivered by mail, on the seventh day following the date such
notice or other communication is deposited in the U.S. Mail for delivery by certified or
registered mail addressed to the other party, or when actually received, whichever occurs earlier.

ISSUED this 19th day of January, 2007.

	 	 	 	 	 
	MAKEMUSIC, INC.	 	 
	 
	 	 	 	 
	By

	 	/s/Karen L. VanDerBosch	 	 
	 

	 	 	 	 
	 

	 	Its Chief Financial Officer	 	 

5exv10w1

 

EXHIBIT 10.1

ASSISTED LIVING CONCEPTS, INC.

2007 CASH INCENTIVE COMPENSATION AWARD AGREMENT

     THIS CASH INCENTIVE COMPENSATION AWARD AGREEMENT (the “Award Agreement”) is entered into as of
March 30, 2007, between Assisted Living Concepts, Inc. (“ALC”) and (“Employee”). In consideration
of the mutual promises and covenants made in this Agreement and the mutual benefits to be derived
from this Agreement, ALC and Employee agree as follows.

     This Award Agreement sets forth the terms and conditions of a cash incentive award of
performance compensation (the “Award”) that is granted to you under the 2006 Omnibus Incentive
Compensation Plan (the “Plan”) and is a Performance Compensation Award. This Award provides you
with the opportunity to earn, subject to the terms of this Award Agreement, cash compensation as
set forth in Section 3 below.

     THIS AWARD IS SUBJECT TO ALL TERMS AND CONDITIONS OF THE PLAN AND THIS AWARD AGREEMENT,
INCLUDING, WITHOUT LIMITATION, THE DISPUTE RESOLUTION PROVISIONS SET FORTH IN SECTION 9 OF THIS
AWARD AGREEMENT. BY SIGNING YOUR NAME BELOW, YOU WILL HAVE CONFIRMED YOUR ACCEPTANCE OF THE TERMS
AND CONDITIONS OF THIS AWARD AGREEMENT.

1. The Plan. This Award is made pursuant to the Plan, all the terms of which are hereby
incorporated in this Award Agreement. In the event of any conflict between the terms of the Plan
and the terms of this Award Agreement, the terms of this Award Agreement shall govern. In the
event of any conflict between the terms of this Award Agreement and the terms of any individual
employment agreement between you and ALC or any of its Affiliates (an “Employment Agreement”), the
terms of your Employment Agreement will govern.

2. Definitions. Capitalized terms used in this Award Agreement that are not defined in
this Award Agreement have the meanings as used or defined in the Plan. As used in this Award
Agreement, the following terms have the meanings set forth below:

     “Business Day” means a day that is not a Saturday, a Sunday or a day on which banking
institutions are legally permitted to be closed in the City of New York.

     “Committee” means the Compensation/ Nominating/ Governance committee of the Board of Directors
of ALC (the “Board”) or such other committee of the Board as may be designated by the Board from
time to time to administer the Plan.

     “Determination Date” means the date during the first quarter of 2008, as determined by the
Committee, on which the Committee determines whether Performance Goals with respect to the
Performance Period have been achieved.

     “Performance Goals” means the performance goals set forth on Exhibit A to this Award
Agreement.

     “Performance Period” means the period from January 1, 2007 through December 31, 2007.

3. (o Performance-Based Right to Payment. The amount of cash compensation payable pursuant
to the Award shall be determined based on the achievement of the Performance Goals. On the
Determination Date, the Committee in its sole discretion shall determine whether you are entitled
to payment with respect to all or a portion of your Award subject to this Award Agreement. Except
as otherwise provided in your Employment Agreement, the payment of cash compensation with respect
to your Award is contingent on the attainment of the Performance Goals. Accordingly, unless
otherwise provided in your Employment Agreement, you will not become entitled to payment with
respect to the Award subject to this Award Agreement on the Determination Date unless the Committee
determines that the Performance Goals with respect to the Determination Date have been attained.
Upon such determination by the Committee and subject to the provisions of the Plan and this Award
Agreement, you shall have the right to payment of the cash compensation as set forth on Exhibit A.
Pursuant to Section 4 and except as otherwise provided in your Employment Agreement, in order to be
entitled to payment with respect to any Award on the Determination Date, you must be employed by
ALC or an Affiliate on the Determination Date.

     (b) Payment of Award. Payments made pursuant to this Award Agreement shall be payable
in cash as soon as administratively practicable following the Determination Date. The Committee
and ALC shall use commercially reasonable efforts to make such payments by March 15, 2008.

 

 

4. (a) Forfeiture of Award. Unless the Committee determines otherwise, and except as
otherwise provided in your Employment Agreement, if your rights with respect to any Award awarded
to you pursuant to this Award Agreement have not become payable prior to the date on which your
employment with ALC and its Affiliates terminates, your rights with respect to such Award shall
immediately terminate, and you will be entitled to no further payments or benefits with respect
thereto. If pursuant to Section 3 the Committee determines in its sole discretion that the
Performance Goals with respect to the Determination Date have not been attained, your rights with
respect to such Award shall immediately terminate, and you will be entitled to no further payments
or benefits with respect thereto.

     (b) Recovery of Award Following Restatement. If ALC’s financial statements are the
subject of a restatement due to error or misconduct, to the extent permitted by governing law, in
all appropriate cases, Employee shall on demand from ALC repay all excess incentive cash
compensation paid under this Award Agreement. For purposes of this Award Agreement, excess
incentive cash compensation means the positive difference, if any, between (i) the Award made to
Employee and (ii) the Award that would have been made to Employee had the Award been calculated
based on ALC’s financial statements as restated. ALC will not be required to award Employee an
additional Award should the restated financial statements result in a higher calculated Award. The
repayment of excess incentive cash compensation is in addition to and separate from any other
relief available to ALC due to the Employee’s error or misconduct

5. Non-Transferability of Award. Unless otherwise provided by the Committee in its
discretion, the Award may not be sold, assigned, alienated, transferred, pledged, attached or
otherwise encumbered except as provided in Section 9(a) of the Plan. Any purported sale,
assignment, alienation, transfer, pledge, attachment or other encumbrance of a Performance Award in
violation of the provisions of this Section 5 and Section 9(a) of the Plan shall be void.

6. Withholding. The payment of cash compensation pursuant to Section 3(b) is conditioned
on satisfaction of any applicable withholding taxes in accordance with Section 9(d) of the Plan.

7. Successors and Assigns of ALC. The terms and conditions of this Award Agreement shall
be binding upon and shall inure to the benefit of ALC and its successors and assigns.

8. Committee Discretion. Subject to your Employment Agreement, the Committee shall have
full and plenary discretion with respect to any actions to be taken or determinations to be made in
connection with this Award Agreement, and its determinations shall be final, binding and
conclusive.

9. Dispute Resolution.

     (a) Jurisdiction and Venue. Notwithstanding any provision in your Employment
Agreement, you and ALC irrevocably submit to the exclusive jurisdiction of (i) the United States
District Court for the Eastern District of Wisconsin and (ii) the courts of the State of Wisconsin
for the purposes of any suit, action or other proceeding arising out of this Award Agreement or the
Plan. You and ALC agree to commence any such action, suit or proceeding either in the United
States District Court for the Eastern District of Wisconsin or, if such suit, action or other
proceeding may not be brought in such court for jurisdictional reasons, in the courts of the State
of Wisconsin. You and ALC further agree that service of any process, summons, notice or document
by U.S. registered mail to the other party’s address set forth below shall be effective service of
process for any action, suit or proceeding in Wisconsin with respect to any matters to which you
have submitted to jurisdiction in this Section 9o. You and ALC irrevocably and unconditionally
waive any objection to the laying of venue of any action, suit or proceeding arising out of this
Award Agreement or the Plan in (A) the United States District Court for the Eastern District of
Wisconsin or (B) the courts of the State of Wisconsin, and hereby and thereby further irrevocably
and unconditionally waive and agree not to plead or claim in any such court that any such action,
suit or proceeding brought in any such court has been brought in an inconvenient forum.

     (b) Waiver of Jury Trial. You and ALC hereby waive, to the fullest extent permitted
by applicable law, any right either of you may have to a trial by jury in respect to any litigation
directly or indirectly arising out of, under or in connection with this Award Agreement or the
Plan.

     (c) Confidentiality. You hereby agree to keep confidential the existence of, and any
information concerning, a dispute described in this Section 9, except that you may disclose
information concerning such dispute to the court that is considering such dispute or to your legal
counsel or other advisors (provided that such counsel or other advisors agree not to disclose any
such information other than as necessary to the prosecution or defense of the dispute).

 

 

10. Notice. All notices, requests, demands and other communications required or permitted
to be given under the terms of this Award Agreement shall be in writing and shall be deemed to have
been duly given when delivered by hand or overnight
courier or three Business Days after they have been mailed by U.S. registered mail, return receipt
requested, postage prepaid, addressed to the other party as set forth below:

	 	 	 
	If to ALC:

	 	Assisted Living Concepts, Inc.
	 

	 	111 East Michigan Street
	 

	 	Milwaukee, WI 53203
	 

	 	Attn: Corporate Secretary

If to you:

The parties may change the address to which notices under this Award Agreement shall be sent by
providing written notice to the other in the manner specified above.

11. Headings. Headings are given to the Sections and subsections of this Award Agreement
solely as a convenience to facilitate reference. Such headings shall not be deemed in any way
material or relevant to the construction or interpretation of this Award Agreement or any provision
thereof.

12. Amendment of this Award Agreement. The Committee may waive any conditions or rights
under, amend any terms of, or alter, suspend, discontinue, cancel or terminate this Award Agreement
prospectively or retroactively; provided, however, that any such waiver, amendment, alteration,
suspension, discontinuance, cancellation or termination that would materially and adversely impair
your rights under this Award Agreement shall not to that extent be effective without your consent.

13. Counterparts. This Award Agreement may be signed in counterparts, each of which shall
be an original, with the same effect as if the signatures thereto and hereto were upon the same
instrument.

     IN WITNESS WHEREOF, the parties have duly executed this Award Agreement as of the date first
written above.

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