Document:

Employment Agreement Between Remote Knowledge, Inc. And Mark Sullivan

 Exhibit 10.1 
  
 EMPLOYEE AGREEMENT 
  
 This Employee Agreement (“Agreement”), by and between, Remote Knowledge, Inc., a Delaware Corporation with offices located at 16360 Park Ten
Place, Suite 200, Houston, Texas 77084 (“Company”), and Mark K. Sullivan (the “Employee”). The Effective Date of this Agreement shall be June 1, 2005. 
  
 W I T N E S S E T H: 
  

WHEREAS, Company desires to employ and to continue the services and talents of the Employee, and both Company and Employee recognize that
Employee will be entrusted from time to time by Company with confidential information of Company, and Employee will be asked to develop or create intellectual property for Company; and 
  
 WHEREAS, the Employee is desirous of being employed, and if already employed, then continuing to be employed by
Company; 
  
 THEREFORE, in consideration of the employment,
or the continued employment of the Employee by Company as the case may be, and other good and valuable consideration received by Employee, and in consideration of the benefits and the wages and salaries to be paid by Company to the Employee during
the period of his employment, the parties agree as follows: 
  
 1. Compensation. Employee will be employed as Chief Technology Architect at a salary of Forty-one Thousand Six Hundred Sixty Six and 67/100 Dollars ($41,666.67) per month, to be paid one-half on the fifteen day of each month and one-half on
the last day of each month worked. Employee shall be diligent in the performance of his responsibilities and duties during the term of this Agreement. 
  
 In addition to the salary above, in recognition that the Employee is making a two-year commitment, Employee shall receive a stock grant of one million
(1,000,000) shares of common stock of the Company. Such stock is free and clear of all restrictions on sales and transfers except those imposed by the Securities and Exchange Commission Regulation 144. 
  
 2. Employment. Employee agrees to spend full time in the pursuit of
Employee’s responsibilities and duties, which shall include, but not be limited to directing the scientific and engineering development of Company’s products and services; assisting in the inclusion of research and development work in the
manufactured devices and services provided by the Company; and such other work as directed by the executive officers or Board of Directors of the Company. While performing his duties, Employee agrees to devote his full attention to such duties.
Employee shall not, during the term of this Agreement, without written permission from the Company be engaged in any other business activity if pursued for gain, profit or other pecuniary advantage. The foregoing shall not be construed as preventing
Employee from making any investments, provided such investments do not require any professional services to be performed by Employee. 
  
 It is understood in this case that “full time” means approximately four days per week, or being “off” fifty-two (52) days per year.
Such time “off” to be taken as Employee’s work schedule permits and not necessarily one day each week. In addition, Employee shall be entitled to four weeks or sixteen (16) days vacation per year .The total days “off” for
each twelve months shall then be sixty-eight (68) and should be scheduled as ratably as possible throughout the year, but will not be used for other paid business activity. However, the Company recognizes that it may be necessary for Employee to
consult from time to time on a non-paid basis with Niobrara Research and Development Inc., and Thorium Network Services, Inc. Such consultation shall not negatively impact Employee’s employment with the Company. 
  

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 3. Benefits. Employee shall be entitled to receive all benefits provided by the Company to its employees
except for vacation, which has been provided for separately in Section 2. 
  
 4. Consulting Agreement. That certain Consulting Agreement dated the 19th of
February 2003, by and between Mark Sullivan and Varitek Industries (now Remote Knowledge, Inc.), is terminated. The termination of the Consulting Agreement will not effect any options which have been granted to Employee pursuant to said Consulting
Agreement.  
  
 5. Termination of Agreement. This Agreement
will terminate on May 31, 2007 (“Initial Term”). This Agreement may be terminated earlier than the Initial Term under the following circumstances: 
  
 (a) Upon the employee’s death or Disability. For purposes of this Agreement the term “Disability” means any long term
disability or incapacity which (1) renders the Employee unable to substantially perform his duties hereunder for 90 days during any 12 month period or (2) would reasonably be expected to render Employee unable to substantially perform his duties for
90 days during any 12 month period, in each case as determined by the Board of Directors. 
  
 (b) The parties can mutually agree, in writing, to terminate this Agreement prior to the Initial Term. Any continuation of employment
thereafter, unless specifically agreed to in writing, shall be strictly at will. 
  
 (c) Company may terminate this Agreement for cause prior to the Initial Term. For the purposes of this agreement, termination of this
Agreement shall be considered to be “for cause” if (1) Employee is discharged for violating a Company policy as set forth in the Employee Handbook, (2) Employee is terminated because he fails to comply with the terms of this Agreement
including the duties described in Section 2, provided however, that Company provides Employee thirty (30) days written notice of its intent to terminate, and a thirty (30) opportunity to cure such non-compliance, or (3) Employee is terminated for
conduct inconsistent with his role as an executive with the Company. 
  
 (d) Employee may terminate this Agreement for cause prior to the Initial Term for failure of Company to pay the monthly amount as set forth in Section 1, Compensation, provided, however, that Employee provides Company
thirty days (30) written notice of his intent to terminate, and a thirty day opportunity to cure such non-payment. 
  
 6. No Additional Compensation, Benefits or Payments. Except as required by law, Employee shall not receive any other compensation or benefits from
Company. Employee understands and acknowledges that he is not entitled to any payments by Company other than those set forth in this Agreement. Although the parties may decide to continue Employee’s employment relationship after the Initial
Term, Employee understands and agrees that Company has not made any promises to him regarding employment after the Initial Term, and acknowledges and agrees that his agreement to this Agreement is not based on any promises or statements not found
herein. 
  

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 7. Intellectual Property as used herein shall include: 
  
 (a) all inventions, improvements, or developments, whether
patentable or unpatentable, all scientific, engineering and technical information, trade secrets, proprietary data, confidential business information, or other valuable business information, data and know-how of any nature which relate to
Company’s business, products or services; 
  
 (b) all copyrightable works which relate to Company’s business, products or services. Employee acknowledges that all original works of authorship which are made by Employee solely or jointly with others within the scope of his
employment with Company and which are protectable by copyright are “works made for hire” as that term is defined in the United States Copyright Act, 17 U.S.C. ‘101. 
  
 8. Employee agrees to and does hereby assign, sell, grant, and convey to Company, its successors and assigns, all of
Employee’s entire right, title and interest in and to all Intellectual Property which Employee may author, create, make, conceive or develop, or has authored, created, made, conceived or developed, either solely or jointly with others, while
performing work as an employee of Company, or relating to Company’s products or services. To the extent permitted by law, Employee hereby expressly and forever waives any and all moral rights which may arise under 17 U.S.C. § 101, et. seq.
(U.S. Copyright Act) and/or Article 6 of the Berne Convention for the Protection of Literary and Artistic Works (Paris Text, July 24, 1971), and any rights arising under U.S. federal or state law or under the laws of any country that conveys rights
of the same nature as those conveyed under The Copyright Act or The Berne Convention, or any other type of moral right or droit moral. This waiver applies, without limitation, to any and all applications in which the attribution right, paternity
right, or integrity right may be implicated. 
  
 9. Employee
shall, at any time upon request and at the expense of Company, execute and deliver any and all papers, including assignments, and do any and all other lawful acts that may be desirable in the opinion of Company to secure, establish and maintain
title in Company, its successors and assigns, to the Intellectual Property, and give Company, its successors and assigns, the full benefit of the assignments set forth herein, including cooperation and execution of all papers and doing all other
acts that may be necessary to procure any United States or foreign patent, trademark registration, or copyright registration on any of the Intellectual Property. 
  
 10. (a) Employee agrees that all Intellectual Property is the property of Company and that all Intellectual Property, with
the exception of published works, comprises Company’s Confidential Information and recognizes and acknowledges that Company retains the sole ownership, management and control of the Confidential Information as against the Employee. Confidential
Information shall also include all invention records, research documents, computer software, customer information or other client data, drawings, notes, notebooks, documents, designs, specifications, reports, customer lists, manuals, procedures,
codes, papers, business plans, books, forecasts, and other data belonging to Company, its Affiliates, or belonging to third parties and possessed by Company. “Affiliates” shall mean any entity which is controlled, directly or indirectly,
by Company or in which Company has a controlling interest. Employee agrees to accept and maintain all of the Confidential Information strictly confidential to Company, and agrees to protect and safeguard the Confidential Information against any
unauthorized publication or disclosure by anyone, and particularly agrees not to disclose, publish or reveal in any manner whatsoever, either 
  

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 directly or indirectly, any of the Confidential Information to any third party except as Company may direct in writing,
either during or after his employment by Company, and not to use any of the Confidential Information in any way, directly or indirectly, except in the conduct of Company’s business. 
  
 (b) The Confidential Information shall not include information that (i) at the time of its disclosure is publicly available
through no fault of the Employee, (ii) at the time of its disclosure is without fault of the Employee part of the public domain, or (iii) is required by law, court or government order to be disclosed; provided, however, Employee shall not disclose
such information prior to giving Company reasonable notice to afford Company an opportunity to object to such disclosure, and provided Employee cooperates with such efforts by Company. 
  
 11. This Agreement is necessarily of a special, unique and extraordinary nature which gives it a particular value, the loss
of which cannot reasonably or adequately be compensated for by money damages in an action at law, and the breach of this Agreement will cause Company to suffer irreparable injury and damage. Therefore, Company shall be entitled as a matter of right,
without bond, to injunctive or other equitable relief in any court of competent jurisdiction to prevent the violation of any of the provisions of this Agreement. Neither this paragraph nor the exercise by Company of any of its rights hereunder shall
constitute a waiver by Company or prejudice to any other rights or remedies which it may have at law or in equity. 
  
 12. During the term of this Agreement, and for a period of two years thereafter, Employee agrees not to sell, manufacture, develop any products or provide
any services relating to any of Company’s technology, products or services utilized by the Company at the date of Employee’s termination. 
  
 13. During the term of this Agreement, and for a period of two years thereafter, Employee will not, directly or indirectly, solicit, interfere with,
persuade or induce any person who is an officer or employee of Company to discontinue his or her employment with Company, or solicit, divert or take away from Company any person or entity which is on the Effective Date or hereafter becomes, a
customer, partner, independent contractor or client of Company. 
  
 14. Employee represents that the Employee has not brought to Company and that Employee will not bring to Company or use in the performance of the Employee’s responsibilities at Company any proprietary information, materials or
documents of a former or present employer that are not generally available to the public, unless the Employee has obtained prior written authorization from the former or present employer. The Employee hereby covenants that the Employee shall not
breach any obligation of confidentiality or duty that the Employee may have to former or present employers. 
  
 15. Except as required in performing Employee’s duties, Employee will not remove from Company’s or its Affiliates’ facilities any invention
records, research documents, computer software, customer information or other client data, equipment, drawings, notes, notebooks, documents, designs, specifications, reports, customer lists, manuals, procedures, codes, papers, business plans, books,
forecasts, manuals, or other material whether produced by Employee or obtained from Company or its Affiliates. Employee agrees to return all such information and materials to Company or its Affiliates immediately upon request and in any event upon
termination of employment. Employee will not publish or disclose to anyone outside of Company or its Affiliates, or use in any way other than in Company’s business, any trade secrets or confidential technical or business information or material
of Company or its Affiliates either during or after employment with Company. 
  

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 16. This Agreement shall not be terminated or altered by changes in other terms of the Employee’s
employment, such as changes in duties or compensation, and shall apply to the entire Term of Employment By Company. Nothing herein contained shall be construed to grant Employee any right to continued employment, to severance benefits, or to
determine Employee’s wages or salary or any other benefits of employment. Employee further understands and agrees that this Agreement does not guarantee or assure Employee of any particular duties, assignments or responsibilities, and Employee
agrees to perform such duties, assignments or responsibilities as may be assigned from time to time by Company. 
  
 17. In the event any of the provisions of this Agreement should ever be deemed or judged by a court of competent jurisdiction to exceed the applicable
legal limitations, then such provisions will be reformed to the maximum limitations permitted by applicable law, it being the intention to permit the reviewing court to modify this Agreement to the extent necessary to cure any such invalidity or
unenforceability. 
  
 18. Employee has carefully read and
considered the provisions concerning nondisclosure and ownership of Intellectual Property developed by or for Company and agrees that the restrictions set forth herein are fair and are reasonable and are reasonably required for the protection of the
Confidential Information and interests of Company and its business, officers and directors. Employee further represents that (a) Employee has read this Agreement and understands its terms and (b) Employee has been advised to seek counsel to answer
any questions about the meaning or affect of this Agreement or any provision herein. 
  
 19. In any suit or proceeding relating to this Agreement, the prevailing party will have the right to recover from the other its costs and reasonable fees and expenses of attorneys, accountants, and other
professionals incurred in connection with the suit of proceeding, including costs, fees and expenses upon appeal, separately from and in addition to any other amount included in such judgment. This provision is intended to be severable from the
other provisions of this Agreement, and shall survive and not be merged into any such judgment. 
  
 20. This Agreement shall inure to the benefit of and is binding upon Company, its successors and assigns, and upon Employee’s heirs and legal
representatives. This Agreement may be modified, superseded or amended only by a written agreement signed by both parties hereto. 
  
 21. This Agreement shall be construed by the laws of the State of Texas and shall be binding upon the Employee’s heirs, executors, and
administrators. Employee agrees to the personal jurisdiction of the Texas courts, state and federal, relating to any suit brought in Texas relating to this Agreement. 
  
 22. Employee has need for an administrative assistant to make his work more efficient and to handle certain personal
matters. In that regard Employee has agreed to pay one-half of such persons salary. Therefore, the Company and Employee agree to work together to hire such administrative assistant as soon as possible. 
  

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 IN WITNESS WHEREOF, the parties have
caused this Agreement to be executed and delivered as of the last day and year written below, but effective as of the Effective Date. 
  

							
	 REMOTE KNOWLEDGE, INC.
(“COMPANY”)
	 	 EMPLOYEE

				
	 By:
	 	 /s/ Henry Houston

	 	 By:
	 	 /s/ Mark K. Sullivan

	 Print Name:
	 	 Henry Houston
	 	 Print Name:
	 	 Mark K. Sullivan

	 Print Title:
	 	 Vice President and CFO
	 	 Date:
	 	 May 18, 2005

	 Date:
	 	 May 18, 2005
	 	 Address:
	 	 P.O. Box 3794

	 	 	 	 	 	 	 Joplin, MO 64803

  
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intentionally left blank *** 
  

 6 of 6TranSwitch Corporation Third Amended and Restated 1995 Stock Plan

 Exhibit 10.1 
  
 THIRD AMENDED AND RESTATED 
 1995 STOCK PLAN 
 [as amended through May 19, 2005] 
  

  
 1. PURPOSE. The purpose of the TranSwitch Corporation Third Amended and Restated 1995 Stock Plan (the “Plan”) is to encourage key employees of
TranSwitch Corporation (the “Company”) and of any present or future parent or subsidiary of the Company (collectively, “Related Corporations”) and other individuals who render services to the Company or a Related Corporation, by
providing opportunities to participate in the ownership of the Company and its future growth through (a) the grant of options which qualify as “incentive stock options” (“ISOs”) under Section 422(b) of the Internal Revenue Code
of 1986, as amended (the “Code”); (b) the grant of options which do not qualify as ISOs (“Non-Qualified Options”); (c) awards of stock in the Company (“Awards”); and (d) opportunities to make direct purchases of stock
in the Company (“Purchases”). Both ISOs and Non-Qualified Options are referred to hereafter individually as an “Option” and collectively as “Options.” Options, Awards and authorizations to make Purchases are referred to
hereafter collectively as “Stock Rights.” As used herein, the terms “parent” and “subsidiary” mean “parent corporation” and “subsidiary corporation,” respectively, as those terms are defined in
Section 424 of the Code. 
  
 2. ADMINISTRATION OF THE PLAN.

  
 A) BOARD OR COMMITTEE ADMINISTRATION. The Plan shall be
administered by the Board of Directors of the Company (the “Board”) or by a committee appointed by the Board (the “Committee”); provided that the Plan shall be administered: (i) to the extent required by applicable regulations
under Section 162(m) of the Code, by two or more “outside directors” (as defined in applicable regulations thereunder) and (ii) to the extent required by Rule 16b-3 promulgated under the Securities Exchange Act of 1934 or any successor
provision (“Rule 16b-3”), by a disinterested administrator or administrators within the meaning of Rule 16b-3. Hereinafter, all references in this Plan to the “Committee” shall mean the Board if no Committee has been appointed.
Subject to ratification of the grant or authorization of each Stock Right by the Board (if so required by applicable state law), and subject to the terms of the Plan, the Committee shall have the authority to (i) determine to whom (from among the
class of employees eligible under paragraph 3 to receive ISOs) ISOs shall be granted, and to whom (from among the class of individuals and entities eligible under paragraph 3 to receive Non-Qualified Options and Awards and to make Purchases)
Non-Qualified Options, Awards and authorizations to make Purchases may be granted; (ii) determine the time or times at which Options or Awards shall be granted or Purchases made; (iii) determine the purchase price of shares subject to each Option or
Purchase, which prices shall not be less than the minimum price specified in paragraph 6; (iv) determine whether each Option granted shall be an ISO or a Non-Qualified Option; (v) determine (subject to paragraph 7) the time or times when each Option
shall become exercisable and the duration of the exercise period; (vi) extend the period during which outstanding Options may be exercised; (vii) determine whether restrictions such as repurchase options are to be imposed on shares subject to
Options, Awards and Purchases and the nature of such restrictions, if any, and (viii) interpret the Plan and prescribe and rescind rules and regulations relating to it. If the Committee determines to issue a Non-Qualified Option, it shall take
whatever actions it deems necessary, under Section 422 of the Code and the regulations promulgated thereunder, to ensure that such Option is not treated as an ISO. The interpretation and construction by the Committee of any provisions of the Plan or
of any Stock Right granted under it shall be final unless otherwise determined by the Board. The Committee may from time to time adopt such rules and regulations for carrying out the Plan as it may deem advisable. No member of the Board or the
Committee shall be liable for any action or determination made in good faith with respect to the Plan or any Stock Right granted under it. 
  
 B) COMMITTEE ACTIONS. The Committee may select one of its members as its chairman, and shall hold meetings at such time and places as it may determine. A
majority of the Committee shall constitute a quorum and acts of a majority of the members of the Committee at a meeting at which a quorum is present, or acts reduced to or approved in writing by all the members of the Committee (if consistent with
applicable state law), shall be the valid acts of the Committee. From time to time the Board may increase the size of the Committee and appoint additional members thereof, remove members (with or without cause) and appoint new members in
substitution therefor, fill vacancies however caused, or remove all members of the Committee and thereafter directly administer the Plan. 
  
 C) GRANT OF STOCK RIGHTS TO BOARD MEMBERS. Subject to the provisions of the first sentence of paragraph 2(A) above, if applicable, Stock Rights may be
granted to members of the Board. All grants of Stock Rights to members of the Board shall in all other respects be made in accordance with the provisions of this Plan applicable to other eligible persons. Consistent with the provisions of the first
sentence of Paragraph 2(A) above, members of the Board who either (i) are eligible to receive grants of Stock Rights pursuant to the Plan or (ii) have been granted Stock Rights may vote on 

 
any matters affecting the administration of the Plan or the grant of any Stock Rights pursuant to the Plan, except that no such member shall act upon the
granting to himself or herself of Stock Rights, but any such member may be counted in determining the existence of a quorum at any meeting of the Board during which action is taken with respect to the granting to such member of Stock Rights.

  
 3. ELIGIBLE EMPLOYEES AND OTHERS. ISOs may be granted only to
employees of the Company or any Related Corporation. Non-Qualified Options, Awards and authorizations to make Purchases may be granted to any employee, officer or director (whether or not also an employee) or consultant of the Company or any Related
Corporation. The Committee may take into consideration a recipient’s individual circumstances in determining whether to grant a Stock Right. The granting of any Stock Right to any individual or entity shall neither entitle that individual or
entity to, nor disqualify such individual or entity from, participation in any other grant of Stock Rights. 
  
 4. STOCK. The stock subject to Stock Rights shall be authorized but unissued shares of Common Stock of the Company, par value $.001 per share (the
“Common Stock”), or shares of Common Stock reacquired by the Company in any manner. The aggregate number of shares which may be issued pursuant to the Plan is 31,400,000, subject to adjustment as provided in paragraph 13. If any Stock
Right granted under the Plan shall expire or terminate for any reason without having been exercised in full or shall cease for any reason to be exercisable in whole or in part or shall be repurchased by the Company, the shares of Common Stock
subject to such Stock Right shall again be available for grants of Stock Rights under the Plan. 
  
 No employee of the Company or any Related Corporation may be granted Options to acquire, in the aggregate, more than 6,292,800 of shares of Common Stock
under the Plan. If any Option granted under the Plan shall expire or terminate for any reason without having been exercised in full or shall cease for any reason to be exercisable in whole or in part or shall be repurchased by the Company, the
shares subject to such Option shall be included in the determination of the aggregate number of shares of Common Stock deemed to have been granted to such employee under the Plan. 
  
 5. GRANTING OF STOCK RIGHTS. Stock Rights may be granted under the Plan at any time on or after April 11, 1995 and prior to
March 15, 2010. The date of grant of a Stock Right under the Plan will be the date specified by the Committee at the time it grants the Stock Right; provided, however, that such date shall not be prior to the date on which the Committee acts to
approve the grant. Options granted under the Plan are intended to qualify as performance- based compensation to the extent required under Proposed Treasury Regulation Section 1.162-27. 
  
 6. MINIMUM OPTION PRICE; ISO LIMITATIONS. 
  
 A) PRICE FOR NON-QUALIFIED OPTIONS, AWARDS AND PURCHASES. The exercise price per share specified in the agreement relating
to each Non-Qualified Option granted, and the purchase price per share of stock granted in any Award or authorized as a Purchase, under the Plan shall in no event be less than the minimum legal consideration required therefor under the laws of any
jurisdiction in which the Company or its successors in interest may be organized. Non-Qualified Options granted under the Plan, with an exercise price less than the fair market value per share of Common Stock on the date of grant, and Awards and
Purchases under the Plan with a purchase price per share less than the fair market value per share of Common Stock on the date of grant or authorization, as applicable, are intended to qualify as performance-based compensation under Section 162(m)
of the Code and any applicable regulations thereunder. Any such Non-Qualified Options granted under the Plan or Awards made or Purchases authorized under the Plan shall be exercisable or issued, as the case may be, only upon the attainment of a
pre-established, objective performance goal established by the Committee. If the Committee grants Non-Qualified Options with an exercise price less than the fair market value per share of Common Stock on the date of grant, or makes Awards or
authorizes Purchases under the Plan with a purchase price per share less than the fair market value per share of Common Stock on the date of grant or authorization, as applicable, such grant or authorization will be submitted for, and will be
contingent upon, shareholder approval. 
  
 B) PRICE FOR ISOS. The
exercise price per share specified in the agreement relating to each ISO granted under the Plan shall not be less than the fair market value per share of Common Stock on the date of such grant. In the case of an ISO to be granted to an employee
owning stock possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Company or any Related Corporation, the price per share specified in the agreement relating to such ISO shall not be less than one
hundred ten percent (110%) of the fair market value per share of Common Stock on the date of grant. For purposes of determining stock ownership under this paragraph, the rules of Section 424(d) of the Code shall apply. 
  
 C) $100,000 ANNUAL LIMITATION ON ISO VESTING. Each eligible employee may be
granted Options treated as ISOs only to the extent that, in the aggregate under this Plan and all incentive stock option plans of the Company and any Related Corporation, ISOs do not become exercisable for the first time by such employee during any
calendar year with respect to stock having a fair market value (determined at the time the ISOs were granted) in excess of $100,000. The Company intends to designate any Options granted in excess of such limitation as Non-Qualified Options.

  
 D) DETERMINATION OF FAIR MARKET VALUE. If, at the time an
Option is granted under the Plan, the Company’s Common Stock is publicly traded, “fair market value” shall be determined as of the date of grant or, if the prices 

 
or quotes discussed in this sentence are unavailable for such date, the last business day for which such prices or quotes are available prior to the date of
grant and shall mean (i) the average (on that date) of the high and low prices of the Common Stock on the principal national securities exchange on which the Common Stock is traded, if the Common Stock is then traded on a national securities
exchange; or (ii) the last reported sale price (on that date) of the Common Stock on the Nasdaq National Market, if the Common Stock is not then traded on a national securities exchange; or (iii) the closing bid price (or average of bid prices) last
quoted (on that date) by an established quotation service for over-the-counter securities, if the Common Stock is not reported on the Nasdaq National Market. If the Common Stock is not publicly traded at the time an Option is granted under the Plan,
“fair market value” shall mean the fair value of the Common Stock as determined by the Committee after taking into consideration all factors which it deems appropriate, including, without limitation, recent sale and offer prices of the
Common Stock in private transactions negotiated at arm’s length. 
  
 7. OPTION DURATION. Subject to earlier termination as provided in paragraphs 9 and 10 or in the agreement relating to such Option, each Option shall expire on the date specified by the Committee, but not more than (i) seven years from the
date of grant in the case of Options generally and (ii) five years from the date of grant in the case of ISOs granted to an employee owning stock possessing more than ten percent (10%) of the total combined voting power of all classes of stock of
the Company or any Related Corporation, as determined under paragraph 6(B). Subject to earlier termination as provided in paragraphs 9 and 10, the term of each ISO shall be the term set forth in the original instrument granting such ISO, except with
respect to any part of such ISO that is converted into a Non-Qualified Option pursuant to paragraph 16. 
  
 8. EXERCISE OF OPTION. Subject to the provisions of paragraphs 9 through 12, each Option granted under the Plan shall be exercisable as follows:

  
 A) VESTING. The Option shall either be fully exercisable on
the date of grant or shall become exercisable thereafter in such installments as the Committee may specify. 
  
 B) FULL VESTING OF INSTALLMENTS. Once an installment becomes exercisable it shall remain exercisable until expiration or termination of the Option, unless
otherwise specified by the Committee. 
  
 C) PARTIAL EXERCISE.
Each Option or installment may be exercised at any time or from time to time, in whole or in part, for up to the total number of shares with respect to which it is then exercisable. 
  
 D) ACCELERATION OF VESTING. The Committee shall have the right to accelerate the date that any installment of any Option
becomes exercisable; provided that the Committee shall not, without the consent of an optionee, accelerate the permitted exercise date of any installment of any Option granted to any employee as an ISO (and not previously converted into a
Non-Qualified Option pursuant to paragraph 16) if such acceleration would violate the annual vesting limitation contained in Section 422(d) of the Code, as described in paragraph 6(C). 
  
 9. TERMINATION OF EMPLOYMENT. Unless otherwise specified in the agreement relating to such ISO, if an ISO optionee ceases to
be employed by the Company and all Related Corporations other than by reason of death or disability as defined in paragraph 10, no further installments of his or her ISOs shall become exercisable, and his or her ISOs shall terminate on the earlier
of (a) ninety (90) days after the date of termination of his or her employment, or (b) their specified expiration dates, except to the extent that such ISOs (or unexercised installments thereof) have been converted into Non-Qualified Options
pursuant to paragraph 16. For purposes of this paragraph 9, employment shall be considered as continuing uninterrupted during any bona fide leave of absence (such as those attributable to illness, military obligations or governmental service)
provided that the period of such leave does not exceed 90 days or, if longer, any period during which such optionee’s right to reemployment is guaranteed by statute. A bona fide leave of absence with the written approval of the Committee shall
not be considered an interruption of employment under this paragraph 9, provided that such written approval contractually obligates the Company or any Related Corporation to continue the employment of the optionee after the approved period of
absence. ISOs granted under the Plan shall not be affected by any change of employment within or among the Company and Related Corporations, so long as the optionee continues to be an employee of the Company or any Related Corporation. Nothing in
the Plan shall be deemed to give any grantee of any Stock Right the right to be retained in employment or other service by the Company or any Related Corporation for any period of time. 
  
 10. DEATH; DISABILITY. 
  
 A) DEATH. If an ISO optionee ceases to be employed by the Company and all Related Corporations by reason of his or her death, any ISO owned by such
optionee may be exercised, to the extent otherwise exercisable on the date of death, by the estate, personal representative or beneficiary who has acquired the ISO by will or by the laws of descent and distribution, until the earlier of (i) the
specified expiration date of the ISO or (ii) 180 days from the date of the optionee’s death. 
  
 B) DISABILITY. If an ISO optionee ceases to be employed by the Company and all Related Corporations by reason of his or her disability, such optionee
shall have the right to exercise any ISO held by him or her on the date of termination of employment, for the number of shares for which he or she could have exercised it on that date, until the earlier of 

 
(i) the specified expiration date of the ISO or (ii) 180 days from the date of the termination of the optionee’s employment. For the purposes of the
Plan, the term “disability” shall mean “permanent and total disability” as defined in Section 22(e)(3) of the Code or any successor statute. 
  

11. ASSIGNABILITY. No Stock Right shall be assignable or transferable by the grantee except by will, by the laws of descent and distribution or, in the
case of Non-Qualified Options only, pursuant to a valid domestic relations order. Except as set forth in the previous sentence, during the lifetime of a grantee each Stock Right shall be exercisable only by such grantee. 
  
 12. TERMS AND CONDITIONS OF OPTIONS. Options shall be evidenced by
instruments (which need not be identical) in such forms as the Committee may from time to time approve. Such instruments shall conform to the terms and conditions set forth in paragraphs 6 through 11 hereof and may contain such other provisions as
the Committee deems advisable which are not inconsistent with the Plan, including restrictions applicable to shares of Common Stock issuable upon exercise of Options. The Committee may specify that any Non- Qualified Option shall be subject to the
restrictions set forth herein with respect to ISOs, or to such other termination and cancellation provisions as the Committee may determine. The Committee may from time to time confer authority and responsibility on one or more of its own members
and/or one or more officers of the Company to execute and deliver such instruments. The proper officers of the Company are authorized and directed to take any and all action necessary or advisable from time to time to carry out the terms of such
instruments. 
  
 13. ADJUSTMENTS. Upon the occurrence of any of
the following events, an optionee’s rights with respect to Options granted to such optionee hereunder shall be adjusted as hereinafter provided, unless otherwise specifically provided in the written agreement between the optionee and the
Company relating to such Option: 
  
 A) STOCK DIVIDENDS AND STOCK
SPLITS. If the shares of Common Stock shall be subdivided or combined into a greater or smaller number of shares or if the Company shall issue any shares of Common Stock as a stock dividend on its outstanding Common Stock, the number of shares of
Common Stock deliverable upon the exercise of Options shall be appropriately increased or decreased proportionately, and appropriate adjustments shall be made in the purchase price per share to reflect such subdivision, combination or stock
dividend. 
  
 B) CONSOLIDATIONS OR MERGERS. If the Company is to
be consolidated with or acquired by another entity in a merger, sale of all or substantially all of the Company’s assets or otherwise (an “Acquisition”), the Committee or the board of directors of any entity assuming the obligations
of the Company hereunder (the “Successor Board”), shall, as to outstanding Options, either (i) make appropriate provision for the continuation of such Options by substituting on an equitable basis for the shares then subject to such
Options either (a) the consideration payable with respect to the outstanding shares of Common Stock in connection with the Acquisition, (b) shares of stock of the surviving corporation or (c) such other securities as the Successor Board deems
appropriate, the fair market value of which shall not materially exceed the fair market value of the shares of Common Stock subject to such Options immediately preceding the Acquisition; or (ii) upon written notice to the optionees, provide that all
Options must be exercised, to the extent then exercisable, within a specified number of days of the date of such notice, at the end of which period the Options shall terminate; or (iii) terminate all Options in exchange for a cash payment equal to
the excess of the fair market value of the shares subject to such Options (to the extent then exercisable) over the exercise price thereof. 
  
 C) RECAPITALIZATION OR REORGANIZATION. In the event of a recapitalization or reorganization of the Company (other than a transaction described in
subparagraph B above) pursuant to which securities of the Company or of another corporation are issued with respect to the outstanding shares of Common Stock, an optionee upon exercising an Option shall be entitled to receive for the purchase price
paid upon such exercise the securities he or she would have received if he or she had exercised such Option prior to such recapitalization or reorganization. 
  
 D) MODIFICATION OF ISOS. Notwithstanding the foregoing, any adjustments made pursuant to subparagraphs A, B or C with respect to ISOs shall be made only
after the Committee, after consulting with counsel for the Company, determines whether such adjustments would constitute a “modification” of such ISOs (as that term is defined in Section 424 of the Code) or would cause any adverse tax
consequences for the holders of such ISOs. If the Committee determines that such adjustments made with respect to ISOs would constitute a modification of such ISOs or would cause adverse tax consequences to the holders, it may refrain from making
such adjustments. 
  
 E) DISSOLUTION OR LIQUIDATION. In the event
of the proposed dissolution or liquidation of the Company, each Option will terminate immediately prior to the consummation of such proposed action or at such other time and subject to such other conditions as shall be determined by the Committee.

  
 F) ISSUANCES OF SECURITIES. Except as expressly provided
herein, no issuance by the Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number or price of shares subject
to Options. No adjustments shall be made for dividends paid in cash or 

 2) in property other than securities of the Company. 
  
 A) FRACTIONAL SHARES. No fractional shares shall be issued under the Plan and
the optionee shall receive from the Company cash in lieu of such fractional shares. 
  
 B) ADJUSTMENTS. Upon the happening of any of the events described in subparagraphs A, B or C above, the class and aggregate number of shares set forth in paragraph 4 hereof that are subject to Stock Rights which
previously have been or subsequently may be granted under the Plan shall also be appropriately adjusted to reflect the events described in such subparagraphs. The Committee or the Successor Board shall determine the specific adjustments to be made
under this paragraph 13 and, subject to paragraph 2, its determination shall be conclusive. 
  
 Notwithstanding any other provision contained in this paragraph 13 or otherwise in the Plan, the Committee or the Board shall not make any discretionary adjustment to the exercise price or purchase price per share
under any Stock Rights which is not specifically authorized under subparagraphs A, B or C above, with or without the consent of the holders of any Option, unless such adjustment has been approved, in a writing or at a meeting thereof, by the holders
of a majority of the outstanding shares of the Company’s Common Stock. 
  
 14. MEANS OF EXERCISING OPTIONS. An Option (or any part or installment thereof) shall be exercised by giving written notice to the Company at its principal office address, or to such transfer agent as the Company
shall designate. Such notice shall identify the Option being exercised and specify the number of shares as to which such Option is being exercised, accompanied by full payment of the purchase price therefor either (a) in United States dollars in
cash or by check, (b) at the discretion of the Committee, through delivery of shares of Common Stock having a fair market value equal as of the date of the exercise to the cash exercise price of the Option, (c) at the discretion of the Committee, by
delivery of the grantee’s personal recourse note bearing interest payable not less than annually at no less than 100% of the lowest applicable Federal rate, as defined in Section 1274(d) of the Code, (d) at the discretion of the Committee and
consistent with applicable law, through the delivery of an assignment to the Company of a sufficient amount of the proceeds from the sale of the Common Stock acquired upon exercise of the Option and an authorization to the broker or selling agent to
pay that amount to the Company, which sale shall be at the participant’s direction at the time of exercise, or (e) at the discretion of the Committee, by any combination of (a), (b), (c) and (d) above. If the Committee exercises its discretion
to permit payment of the exercise price of an ISO by means of the methods set forth in clauses (b), (c), (d) or (e) of the preceding sentence, such discretion shall be exercised in writing at the time of the grant of the ISO in question. The holder
of an Option shall not have the rights of a shareholder with respect to the shares covered by such Option until the date of issuance of a stock certificate to such holder for such shares. Except as expressly provided above in paragraph 13 with
respect to changes in capitalization and stock dividends, no adjustment shall be made for dividends or similar rights for which the record date is before the date such stock certificate is issued. 
  
 15. TERM AND AMENDMENT OF PLAN. This Plan was adopted by the Board on April
11, 1995, subject, with respect to the validation of ISOs granted under the Plan, to approval of the Plan by the stockholders of the Company at the next Meeting of Stockholders or, in lieu thereof, by written consent. If the approval of stockholders
is not obtained prior to April 11, 1996, any grants of ISOs under the Plan made prior to that date will be rescinded. The Plan shall expire at the end of the day on March 15, 2010 (except as to Options outstanding on that date). Subject to the
provisions of paragraph 5 above, Options may be granted under the Plan prior to the date of stockholder approval of the Plan. The Board may terminate or amend the Plan in any respect at any time, except that, without the approval of the stockholders
obtained within 12 months before or after the Board adopts a resolution authorizing any of the following actions: (a) the total number of shares that may be issued under the Plan may not be increased (except by adjustment pursuant to paragraph 13);
(b) the benefits accruing to participants under the Plan may not be materially increased; (c) the requirements as to eligibility for participation in the Plan may not be materially modified; (d) the provisions of paragraph 3 regarding eligibility
for grants of ISOs may not be modified; (e) the provisions of paragraph 6(B) regarding the exercise price at which shares may be offered pursuant to ISOs may not be modified (except by adjustment pursuant to paragraph 13); (f) the expiration date of
the Plan may not be extended; and (g) the Board may not take any action which would cause the Plan to fail to comply with Rule 16b-3. Except as otherwise provided in this paragraph 15, in no event may action of the Board or stockholders alter or
impair the rights of a grantee, without such grantee’s consent, under any Option previously granted to such grantee. 
  
 16. CONVERSION OF ISOS INTO NON-QUALIFIED OPTIONS. The Committee, at the written request or with the written consent of any optionee, may in its
discretion take such actions as may be necessary to convert such optionee’s ISOs (or any installments or portions of installments thereof) that have not been exercised on the date of conversion into Non-Qualified Options at any time prior to
the expiration of such ISOs, regardless of whether the optionee is an employee of the Company or a Related Corporation at the time of such conversion. Such actions may include, but shall not be limited to, extending the exercise period or reducing
the exercise price, subject to paragraph 13 hereof, of the appropriate installments of such ISOs. At the time of such conversion, the Committee (with the consent of the optionee) may impose such conditions on the exercise of the resulting Non-
Qualified Options as the Committee in its discretion may determine, provided that such conditions shall not be inconsistent with this Plan. Nothing in the Plan shall be deemed to give any optionee the right to have such optionee’s ISOs
converted into Non-Qualified Options, and no such conversion shall occur until and unless the Committee takes appropriate action. 

 17. APPLICATION OF FUNDS. The proceeds received by the Company from the sale of shares pursuant to
Options granted and Purchases authorized under the Plan shall be used for general corporate purposes. 
  
 18. NOTICE TO COMPANY OF DISQUALIFYING DISPOSITION. By accepting an ISO granted under the Plan, each optionee agrees to notify the Company in writing
immediately after such optionee makes a Disqualifying Disposition (as described in Sections 421, 422 and 424 of the Code and regulations thereunder) of any stock acquired pursuant to the exercise of ISOs granted under the Plan. A Disqualifying
Disposition is generally any disposition occurring on or before the later of (a) the date two years following the date the ISO was granted or (b) the date one year following the date the ISO was exercised. 
  
 19. WITHHOLDING OF ADDITIONAL INCOME TAXES. Upon the exercise of a Non-
Qualified Option, the grant of an Award, the making of a Purchase of Common Stock for less than its fair market value, the making of a Disqualifying Disposition (as defined in paragraph 18), the vesting or transfer of restricted stock or securities
acquired on the exercise of an Option hereunder, or the making of a distribution or other payment with respect to such stock or securities, the Company may withhold taxes in respect of amounts that constitute compensation includable in gross income.
The Committee in its discretion may condition (i) the exercise of an Option, (ii) the grant of an Award, (iii) the making of a Purchase of Common Stock for less than its fair market value, or (iv) the vesting or transferability of restricted stock
or securities acquired by exercising an Option, on the grantee’s making satisfactory arrangement for such withholding. Such arrangement may include payment by the grantee in cash or by check of the amount of the withholding taxes or, at the
discretion of the Committee, by the grantee’s delivery of previously held shares of Common Stock or the withholding from the shares of Common Stock otherwise deliverable upon exercise of a Option shares having an aggregate fair market value
equal to the amount of such withholding taxes. 
  
 20.
GOVERNMENTAL REGULATION. The Company’s obligation to sell and deliver shares of the Common Stock under this Plan is subject to the approval of any governmental authority required in connection with the authorization, issuance or sale of such
shares. 
  
 Government regulations may impose reporting or other
obligations on the Company with respect to the Plan. For example, the Company may be required to send tax information statements to employees and former employees that exercise ISOs under the Plan, and the Company may be required to file tax
information returns reporting the income received by grantees of Options in connection with the Plan. 
  
 21. GOVERNING LAW. The validity and construction of the Plan and the instruments evidencing Options shall be governed by the laws of the State of
Delaware, or the laws of any jurisdiction in which the Company or its successors in interest may be organized. 
  
 Share numbers have been adjusted to reflect a three-for-two split in the form of a dividend on June 3, 1999, a three-for-two split in the form of a dividend on January 10, 2000, and a two-for-one split in the form of
a dividend on August 10, 2000. 
  
 The amendment to the Plan was adopted by the
Board of Directors on March 11, 2005 and was approved by the stockholders of the Company as of May 19, 2005.

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