Document:

MapInfo Corporation 1993 Director Stock Option Plan

 EXHIBIT 10.2 
  
 MapInfo Corporation 
  
 1993 Director Stock Option Plan 
  
 1. Purpose 
  
 The purpose of this 1993 Director Stock Option Plan (the “Plan”) of MapInfo Corporation (the “Company”) is to encourage ownership in
the Company by outside directors of the Company whose continued services are considered essential to the Company’s future progress and to provide them with a further incentive to remain as directors of the Company. 
  
 2. Administration 
  
 The Board of Directors shall supervise and administer the Plan. Grants of
stock options under the Plan and the amount and nature of the awards to be granted shall be automatic in accordance with Section 5. However, all questions of interpretation of the Plan or of any options issued under it shall be determined by
the Board of Directors and such determination shall be final and binding upon all persons having an interest in the Plan. 
  
 3. Participation in the Plan 
  
 Directors of the Company who are not employees of the Company or any subsidiary of the Company shall be eligible to participate in the Plan. 

 
 4. Stock Subject to the Plan 
  
 (a) The maximum number of shares which may be issued under the Plan shall be
497,5001 shares of the Company’s Common Stock, par value $.002 per share (“Common Stock”), subject to
adjustment as provided in Section 9 of the Plan. 
  
 (b) If
any outstanding option under the Plan for any reason expires or is terminated without having been exercised in full, the shares allocable to the unexercised portion of such option shall again become available for grant pursuant to the Plan.

  
 (c) All options granted under the Plan shall be non-statutory
options not entitled to special tax treatment under Section 422 of the Internal Revenue Code of 1986, as amended to date and as it may be amended from time to time (the “Code”). 
  

	1	Number revised to reflect 3 for 2 stock split in the form of a stock dividend effective 1/10/00 and 3 for 2 stock split in the form of a stock dividend effective
9/28/00. 

 5. Terms, Conditions and Form of Options 
  
 Each option granted under the Plan shall be evidenced by a written agreement
in such form as the Board of Directors shall from time to time approve, which agreements shall comply with and be subject to the following terms and conditions: 
  
 (a) Option Grants. On the date of each annual meeting of stockholders of the Company, the Company shall grant to each
eligible director an option for such number of shares of Common Stock equal to $20,000 divided by the option exercise price per share for each such option (the “Annual Option”). 
  
 (b) Option Exercise Price. The option exercise price per share for each option granted under the Plan shall equal
(i) the last reported sales price per share of the Company’s Common Stock on the NASDAQ National Market System (or, if the Company is traded on a nationally recognized securities exchange on the date of grant, the reported closing sales
price per share of the Company’s Common Stock by such exchange) on the date of grant (or if no such price is reported on such date such price as reported on the nearest preceding day) or (ii) if the Common Stock is not traded on
NASDAQ or an exchange, the fair market value per share on the date of grant as most recently determined by the Board of Directors. 
  
 (c) Options Non-Transferable. Each option granted under the Plan by its terms shall not be transferable by the optionee otherwise than by will, or
by the laws of descent and distribution, and shall be exercised during the lifetime of the optionee only by him. No option or interest therein may be transferred, assigned, pledged or hypothecated by the optionee during his lifetime, whether by
operation of law or otherwise, or be made subject to execution, attachment or similar process. 
  
 (d) Exercise Period. Each Annual Option shall become exercisable at the end of nine years and nine months after the date of grant, provided that such option shall become exercisable one year after the
date of grant if the director has attended during such year at least 75% of the aggregate of the number of meetings of the Board of Directors and the number of meetings held by all committees on which he then served. In the event an optionee ceases
to serve as a director, each such option may be exercised by the optionee (or, in the event of his death, by his administrator, executor or heirs), at any time within 12 months after the optionee ceases to serve as a director, to the extent such
option was exercisable at the time of such cessation of service. Notwithstanding the foregoing, no option shall be exercisable after the expiration of ten years from the date of grant. 
  

 -2- 

 (e) Exercise Procedure. Options may be exercised only by written notice to the Company at its
principal office accompanied by (i) payment in cash of the full consideration for the shares as to which they are exercised or (ii) an irrevocable undertaking by a broker to deliver promptly to the Company sufficient funds to pay the
exercise price or delivery of irrevocable instructions to a broker to deliver promptly to the Company cash or a check sufficient to pay the exercise price. 
  
 6. Assignments 
  
 The rights and benefits of participants under the Plan may not be assigned, whether voluntarily or by operation of law, except as provided in
Section 5(d). 
  
 7. Effective Date 
  
 The Plan shall become effective immediately upon its adoption by the Board
of Directors, but all grants of options shall be conditional upon the approval of the Plan by the stockholders of the Company within 12 months after adoption of the Plan by the Board of Directors. 
  
 8. Limitation of Rights 
  
 (a) No Right to Continue as a Director. Neither the Plan, nor the
granting of an option nor any other action taken pursuant to the Plan, shall constitute or be evidence of any agreement or understanding, express or implied, that the Company will retain a director for any period of time. 
  
 (b) No Stockholders’ Rights for Options. An optionee shall have
no rights as a stockholder with respect to the shares covered by his options until the date of the issuance to him of a stock certificate therefor, and no adjustment will be made for dividends or other rights (except as provided in Section 9)
for which the record date is prior to the date such certificate is issued. 
  
 9. Changes in Common Stock 
  
 (a) If the outstanding shares of Common Stock are increased, decreased or exchanged for a different number or kind of shares or other securities, or if additional shares or new or different shares or other securities are distributed with
respect to such shares of Common Stock or other securities, through merger, consolidation, sale of all or substantially all of the assets of the Company, reorganization, recapitalization, reclassification, stock dividend, stock split, reverse stock
split or other distribution with respect to such shares of Common Stock, or other securities, an appropriate and proportionate adjustment will be made in (i) the maximum number and kind of shares reserved for issuance under the Plan,
(ii) the number and kind of shares or other securities subject to then outstanding options under the Plan and (iii) the price for 

  

 -3- 

 
each share subject to any then outstanding options under the Plan, without changing the aggregate purchase price as to which such options remain exercisable.
No fractional shares will be issued under the Plan on account of any such adjustments. 
  
 (b) In the event that the Company is merged or consolidated into or with another corporation (in which consolidation or merger the stockholders of the Company receive distributions of cash or securities of another
issuer as a result thereof), or in the event that all or substantially all of the assets of the Company are acquired by any other person or entity, or in the event of a reorganization or liquidation of the Company, the Board of Directors of the
Company, or the board of directors of any corporation assuming the obligations of the Company, shall, as to outstanding options, either (i) provide that such options shall be assumed, or equivalent options shall be substituted, by the acquiring
or successor corporation (or an affiliate thereof), or (ii) upon written notice to the optionees, provide that all unexercised options will terminate immediately prior to the consummation of such merger, consolidation, acquisition,
reorganization or liquidations unless exercised by the optionee within a specified number of days following the date of such notice. 
  
 10. Amendment of the Plan 
  
 The Board of Directors may suspend or discontinue the Plan or review or amend it in any respect whatsoever; provided, however, that without approval of
the stockholders of the Company no revision or amendment shall change the number of shares subject to the Plan (except as provided in Section 9), change the designation of the class of directors eligible to receive options, or materially
increase the benefits accruing to participants under the Plan. The Plan may not be amended more than once in any six-month period. 
  
 11. Governing Law 
  
 The Plan and all determinations made and actions taken pursuant hereto shall be governed by the laws of the State of New York. 
  

	
	 Adopted by the Board of Directors

	 on November 23, 1993

	
	 Approved by the stockholders

	 on December 8, 1993

	 

  

 -4- 

 AMENDMENT NO. 1 TO THE 1993 DIRECTOR STOCK OPTION PLAN OF MAPINFO CORPORATION 
  
 The first sentence of Subsection 5(a) of the 1993 Director Stock Option Plan
(the “Plan”) of MapInfo Corporation is hereby amended and restated in its entirety to provide as follows: 
  
 “(a) Option Grants. On the date of each annual meeting of stockholders of the Company, the Company shall grant to each eligible director an
option for such number of shares of Common Stock equal to $40,000 divided by the option exercise price per share for each stock option (the “Annual Option”).” 
  

	
	Adopted by the Board of Directors on
	December 9, 1994
	
	Approved by the stockholders on
	January 20, 1995

  

 -5- 

 AMENDMENT NO. 2 TO THE 1993 DIRECTOR STOCK OPTION PLAN OF MAPINFO CORPORATION 
  
 The first sentence of Subsection 5(a) of the 1993 Director Stock Option Plan
(the “Plan”) of MapInfo Corporation is hereby amended and restated in its entirety, subject to stockholder approval, to provide as follows: 
  
 “(a) Option Grants. On the date of each annual meeting of stockholders of the Company, the Company shall grant to each eligible director an
option for 6,7502 shares of Common Stock (the ”Annual Option”).” 
  

	
	Adopted by the Board of Directors on
	December 19, 1995
	
	 Approved by the Stockholders on

	 February 2, 1996

  

	2	Number revised to reflect 3 for 2 stock split in the form of a stock dividend effective 1/10/00 and the three-for-two stock split in the form of a stock dividend
effective 9/28/00. 

  

 -6- 

 AMENDMENT NO. 3 TO THE 1993 DIRECTOR STOCK OPTION PLAN OF MAPINFO CORPORATION 
  
 Subsection 4(a) of the 1993 Director Stock Option Plan (the “Plan”)
of MapInfo Corporation is hereby amended and restated in its entirety, subject to stockholder approval, to provide as follows: 
  
 “(a) The maximum number of shares which may be issued under the Plan shall be 112,5003 shares of the Company’s Common Stock, par value $.002 per share (“Common Stock”), subject to adjustment as provided in Section 9 of the
Plan.” 
  
 The first sentence of Subsection 5(a) of the Plan
is hereby amended and restated in its entirety, subject to stockholder approval, to provide as follows: 
  
 “(a) Option Grants. On the date of each annual meeting of stockholders of the Company, the Company shall grant to each eligible director an
option for 11,2504 shares of Common Stock (the ”Annual Option”).” 
  

	
	Adopted by the Board of Directors on
	November 12, 1996
	
	 Approved by the Stockholders on

	 March 20, 1997

  

	3	Number revised to reflect 3 for 2 stock split in the form of a stock dividend effective 1/10/00 and three-for-two stock split in the form of a stock dividend
effective 9/28/00. 

	4	Number revised to reflect 3 for 2 stock split in the form of a stock dividend effective 1/10/00 and three-for-two stock split in the form of a stock dividend
effective 9/28/00. 

  

 -7- 

 AMENDMENT NO. 4 TO THE 1993 DIRECTOR STOCK OPTION PLAN OF MAPINFO CORPORATION 
  
 Section 5(c) of the 1993 Director Stock Option Plan (the
“Plan”) of MapInfo Corporation is hereby amended and restated in its entirety to provide as follows: 
  
 “(c) Options Non-Transferable. Except as otherwise provided in the option agreement evidencing the option grant, each option granted under the
Plan shall not be transferable by the optionee otherwise than by will, or by the laws of descent and distribution, and shall be exercised during the lifetime of the optionee only by him.” 
  
 Section 10 of the Plan is hereby amended and restated in its entirety to
read as follows: 
  
 “10. Amendment of the Plan. The
Board of Directors may at any time, and from time, modify, terminate or amend the Plan in any respect, except that if at any time the approval of the stockholders of the Company is required as to such modification or amendment under any applicable
tax or regulatory requirement, the Board of Directors may not effect such modification or amendment without such approval.” 
  

	

	
	Adopted by the Board of Directors on
	December 9, 1996

  

 -8- 

 AMENDMENT NO. 5 TO THE 1993 DIRECTOR STOCK OPTION PLAN OF MAPINFO CORPORATION 
  
 Section 11 of the 1993 Director Stock Option Plan (the “Plan”)
of MapInfo Corporation is hereby amended and restated in its entirety to provide as follows: 
  
 “11. Governing Law 
  
 The Plan and all determinations made and actions taken pursuant hereto shall be governed by the laws of the State of Delaware.” 
  

	

	
	Adopted by the Board of Directors on
	February 11, 1998

  

 -9- 

 AMENDMENT NO. 6 TO THE 1993 DIRECTOR STOCK OPTION PLAN OF MAPINFO CORPORATION 
  
 Subsection 4(a) of the 1993 Director Stock Option Plan (the “Plan”)
of MapInfo Corporation is hereby amended and restated in its entirety, subject to stockholder approval, to provide as follows: 
  
 “(a) The maximum number of shares which may be issued under the Plan shall be 180,0005 shares of the Company’s Common Stock, par value $.002 per share (“Common Stock”), subject to adjustment as provided in Section 9 of the
Plan.” 
  

	
	Adopted by the Board of Directors on
	November 14, 1998
	
	Approved by the Stockholders on
	February 24, 1999

  

	5	Number revised to reflect 3 for 2 stock split in the form of a stock dividend effective 1/10/00 and 3 for 2 stock split in the form of a stock dividend effective
9/28/00. 

  

 -10- 

 AMENDMENT NO. 7 TO THE 1993 DIRECTOR STOCK OPTION PLAN OF MAPINFO CORPORATION 
  
 Subsection 4(a) of the 1993 Director Stock Option Plan (the “Plan”)
of MapInfo Corporation is hereby amended and restated in its entirety, subject to stockholder approval, to provide as follows: 
  
 “(a) The maximum number of shares which may be issued under the Plan shall be 247,5006 shares of the Company’s Common Stock, par value $.002 per share (“Common Stock”), subject to adjustment as provided in Section 9 of the
Plan.” 
  

	

	
	Adopted by the Board of Directors on
	November 23, 1999
	
	 Approved by the Stockholders on

	March 7, 2000

  

	6	Number revised to reflect 3 for 2 stock split in the form of a stock dividend effective 1/10/00 and 3 for 2 stock split in the form of a stock dividend effective
9/28/00. 

  

 -11- 

 AMENDMENT NO. 8 TO THE 1993 DIRECTOR STOCK OPTION PLAN OF MAPINFO CORPORATION 
  
 In order to adjust the number of shares covered by the Annual Option under
the 1993 Director Stock Option Plan (the “Plan”) of MapInfo Corporation (the “Company”) to reflect the three-for-two stock split in the form of a stock dividend effected by the Company in January 2000, the reference in the first
sentence of Section 5(a) of the Plan to “5,000” shares is hereby amended to “7,500 shares,” and the following clause is hereby added to the end of Section 5(a) of the Plan: “, subject to adjustment as provided
in Section 9 of the Plan.” 
  
 The following clause
is hereby added to the end of the first sentence of Section 9(a) of the Plan: “and (iv) the number and kind of shares or other securities issuable pursuant to Section 5(a) of the Plan.” 
  

	

	
	Adopted by the Board of Directors on
	February 25, 2000
	
	Approved by the Stockholders on
	March 7, 2000

  

 -12- 

 AMENDMENT NO. 9 TO THE 1993 DIRECTOR STOCK OPTION PLAN OF MAPINFO CORPORATION 
  
 Section 2 of the 1993 Director Stock Option Plan (the “Plan”)
of MapInfo Corporation is hereby amended and restated in its entirety to read as follows: 
  
 “2. Administration: The Board of Directors shall supervise and administer the Plan. All questions of interpretation of the Plan or any options issued under it shall be determined by the Board of Directors and
such determination shall be final and binding upon all persons having an interest in the Plan.” 
  
 Section 5(f) is hereby added to the, Plan, which shall read in its entirety as follows: 
  
 “(f) Other Grants. The Board of Directors may grant options under the
Plan to eligible directors on such other terms and conditions as the Board may determine, which terms and conditions need not comply with clauses (a) – (f) of this Section 5.” 
  

	
	Adopted by the Board of Directors On
	May 9, 2000

  

 -13- 

 AMENDMENT NO. 10 TO THE 1993 DIRECTOR STOCK OPTION PLAN OF MAPINFO CORPORATION 
  
 Subsection 4(a) of the 1993 Director Stock Option Plan (the “Plan”)
of MapInfo Corporation is hereby amended and restated in its entirety, subject to stockholder approval, to provide as follows: 
  
 “(a) The maximum number of shares which may be issued under the Plan shall be 347,5007 shares of the Company’s Common Stock, par value $.002 per share (“Common Stock”), subject to adjustment as provided in Section 9 of the
Plan.” 
  
 In order to adjust the number of shares covered by
the Annual Option under the 1993 Director Stock Option Plan (the “Plan”) of MapInfo Corporation (the “Company”) to reflect the three-for-two stock split in the form of a stock dividend effected by the Company in September 2000,
the reference in the first sentence of Section 5(a) of the Plan to “7,500” shares is hereby amended to “11,250 shares,” and the following clause is hereby added to the end of Section 5(a) of the Plan: “, subject
to adjustment as provided in Section 9 of the Plan.” 
  

	

	
	Adopted by the Board of Directors on
	November 1, 2000
	
	 Approved by the Stockholders on

	February 27, 2001

  

	7	Number revised to reflect 3 for 2 stock split in the form of a stock dividend effective 1/10/00 and 3 for 2 stock split in the form of a stock dividend effective
9/28/00. 

  

 -14- 

 AMENDMENT NO. 11 TO THE 1993 DIRECTOR STOCK OPTION PLAN OF MAPINFO CORPORATION 
  
 The first sentence of Subsection 5(a) of the Plan is hereby amended and
restated in its entirety, to provide as follows: 
  
 “(a)
Option Grants. On the date of each annual meeting of stockholders of the Company, the Company shall grant to each eligible director an option for 15,000 shares of Common Stock (the ”Annual Option”).” 
  

	
	Adopted by the Board of Directors on
	 April 25, 2003

  

 -15- 

 AMENDMENT NO. 12 TO THE 1993 DIRECTOR STOCK OPTION PLAN OF MAPINFO CORPORATION 
  
 Subsection 4(a) of the 1993 Director Stock Option Plan (the “Plan”)
of MapInfo Corporation is hereby amended and restated in its entirety, subject to stockholder approval, to provide as follows: 
  
 “(a) The maximum number of shares which may be issued under the Plan shall be 497,5008 shares of the Company’s Common Stock, par value $.002 per share (“Common Stock”), subject to adjustment as provided in Section 9 of the
Plan.” 
  

	
	Adopted by the Board of Directors on
	November 12, 2003
	
	Approved by the Stockholders on
	February 12, 2004

  

	8	Number revised to reflect 3 for 2 stock split in the form of a stock dividend effective
1/10/00 and 3 for 2 stock split in the form of a stock dividend effective 9/28/00. 

  

 -16- 

 AMENDMENT NO. 13 TO THE 1993 DIRECTOR STOCK OPTION PLAN OF MAPINFO CORPORATION 
  
 The first sentence of Subsection 5(a) of the Plan is hereby amended and
restated in its entirety, to provide as follows: 
  
 “(a)
Option Grants. On the date of each annual meeting of stockholders of the Company, the Company shall grant to each eligible director an option for 20,000 shares of Common Stock (the ”Annual Option”).” 
  

	
	 Adopted by the Board of Directors on

	 February 17, 2005

  

 -17- 

 AMENDMENT NO. 14 TO THE 1993 DIRECTOR STOCK OPTION PLAN OF MAPINFO CORPORATION 
  
 Subsection 4(a) of the 1993 Director Stock Option Plan (the “Plan”)
of MapInfo Corporation is hereby amended and restated in its entirety, subject to stockholder approval, to provide as follows: 
  
 “(a) The maximum number of shares which may be issued under the Plan shall be 647,500 shares of the Company’s Common Stock, par value $.002 per
share (“Common Stock”), subject to adjustment as provided in Section 9 of the Plan.” 
  

	
	Adopted by the Board of Directors on
	December 13, 2005
	
	Approved by the Stockholders on
	February 16, 2006

  

 -18-Specimen Series A Unit Certificate

 Exhibit 4.1 
  

					
	                        NUMBER	  	 	  	SERIES A UNITS
	U-__________________	  	 	  	 
			
	 SEE REVERSE FOR
 CERTAIN DEFINITIONS
	  	ISRAEL GROWTH PARTNERS ACQUISITION CORP.	  	 

  
 CUSIP
                     
  
 SERIES A UNITS CONSISTING OF TWO SHARES OF COMMON STOCK AND TEN CLASS Z WARRANTS EACH TO PURCHASE ONE SHARE OF COMMON STOCK 
  
 THIS CERTIFIES THAT                                 
                                        
                                        
                             
  
 is the owner of
                                        
                                        
                                       
          Series A Units. 
  
 Each Series A Unit (“Series A Unit”) consists of two (2) shares of common stock, par value $.0001 per share (“Common Stock”), of Israel Growth Partners Acquisition Corp. Inc., a Delaware
corporation (the “Company”) and ten (10) Class Z Warrants (the “Class Z Warrants”). Each Class Z Warrant entitles the holder to purchase one (1) share of Common Stock for $5.00 per share (subject to adjustment). Each Class Z
Warrant will become exercisable on the later of the Company’s completion of a business combination and [            ], 2007. The Class Z Warrants will expire unless exercised
before 5:00 p.m., New York City time, on [            ], 2013, or earlier upon redemption. The Common Stock and Class Z Warrants comprising the Series A Units represented by this
certificate are not transferable separately prior to [            ], 2006, subject to earlier separation in the discretion of HCFP/Brenner Securities LLC. The terms of the Class Z
Warrants are governed by a Warrant Agreement, dated as of [            ], 2006, between the Company and American Stock Transfer & Trust Company, as Warrant Agent (the
“Warrant Agreement”), and are subject to the terms and provisions contained therein, all of which terms and provisions the holder of this certificate consents to by acceptance hereof. Copies of the Warrant Agreement are on file at the
office of the Warrant Agent at 59 Maiden Lane, New York, New York 10038, and are available to any holder of Class Z Warrants on written request and without cost. 
  
 This certificate is not valid unless countersigned by the Transfer Agent and Registrar of the Company. 
  
 Witness the facsimile seal of the Company and the facsimile signature of its
duly authorized officers. 
  

									
	 	 	 	 	 
				
	By	 	 	 	

	 	 
	 	 	President	 	 	 Secretary

 Israel Growth Partners Acquisition Corp. 
  
 The Company will furnish without charge to each stockholder who so requests,
a statement of the powers, designations, preferences and relative, participating, optional or other special rights of each class of stock or series thereof of the Company and the qualifications, limitations, or restrictions of such preferences
and/or rights. 
  
 The following abbreviations, when used in the
inscription on the face of this certificate, shall be construed as though they were written out in full according to applicable laws or regulations: 
  

											
	TEN COM –	  	as tenants in common	  	UNIF GIFT MIN ACT - _________ Custodian _________
	TEN ENT –	  	as tenants by the entireties	  	    (Cust)	 	 	  	(Minor)
	JT TEN –	  	as joint tenants with right of survivorship	  	under Uniform Gifts to Minors
	 	  	and not as tenants in common	  	Act ____________	  	 
	 	  	 	  	 	  	(State)	  	 

  
 Additional Abbreviations may also be
used though not in the above list. 
  
 For value received,
                                        
             hereby sell, assign and transfer unto 
  
 PLEASE INSERT SOCIAL SECURITY OR OTHER 
         IDENTIFYING NUMBER OF ASSIGNEE 
  

	
	 
	  

  

 (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE) 
  

			
	 
	
	 
		
	 	  	Series A Units

  
 represented by the within
Certificate, and do hereby irrevocably constitute and appoint 
  

			
		
	 	  	Attorney

 to transfer the said Series A Units on the books of the within named Company will full power of substitution in
the premises. 
  
 Dated
                                       
  
  

			
	_____________________________________________________________________________
	Notice:	  	The signature to this assignment must correspond with the name as written upon the face of the certificate in every particular, without alteration or enlargement or any change
whatever.

  
 Signature(s) Guaranteed: 

 

	
	
	  
	THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION
	(BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH
	MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM,
	PURSUANT TO S.E.C. RULE 17Ad-15.

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