Document:

exv10w4

 

Exhibit 10.4

SEVENTH AMENDMENT

TO THE JANUS CAPITAL GROUP INC.

401(k), PROFIT SHARING AND EMPLOYEE STOCK OWNERSHIP PLAN

     The Janus Capital Group Inc. 401(k), Profit Sharing and Employee Stock Ownership Plan, as
restated effective November 1, 2001 (the “Plan”) is hereby amended as follows, effective April 1,
2005:

	 	1.	 	Section 1.33 of the Plan hereby is amended by deleting the current final paragraph
thereunder, and replacing it with the following paragraph:
	 
	 	 	 	Notwithstanding the foregoing provisions of this Section 1.33, the Accrued Benefit
of each Participant who terminates employment with the Employer on account of a Job
Elimination (defined below) shall be fully vested and 100% nonforfeitable. For
purposes of this Section 1.33, “Job Elimination” shall mean the termination of a
Participant’s employment with all Employers as a result of the elimination of the
Participant’s position in the group, division, department or branch in which the
Participant works, because of a corporate transaction or reorganization,
outsourcing, technology change, reduced work volume or another business reason. A
Participant’s termination of employment with the Employers is not on account of a
Job Elimination if the Participant’s employment is terminated due to death,
disability, voluntary termination of employment, or any involuntary termination of
employment initiated by an Employer for cause, inadequate job performance or any
other reason that results in the Participant’s position remaining open to be filled
by a new hire.
	 
	 	2.	 	Except as amended above, the Plan shall remain in full force and effect.

     IN WITNESS WHEREOF, Janus Capital Group Inc. has executed this Seventh Amendment as of this
1st day of April, 2005.

	 	 	 	 	 
	 	Janus Capital Group Inc.

 	 
	 	By:  	/s/ Girard C. Miller
 	 
	 	 	 	 
	 	 	 	 
	 

	 
	ATTEST:

	 

	/s/ Curt R. Foustexv10w5

 

Exhibit 10.5

Eighth Amendment to the

Janus 401(k), Profit Sharing and Employee Stock Ownership Plan

Janus Capital Group Inc., hereinafter referred to as the “Plan Sponsor,” makes this Amendment,
effective as of the date executed.

WHEREAS, the Plan Sponsor has previously established the Janus 401(k), Profit Sharing and Employee
Stock Ownership Plan, hereinafter referred to as the “Plan”, for the benefit of eligible employees
and their beneficiaries; and

WHEREAS, pursuant to Section 8.03 of the Plan, the Board of Directors of the Plan Sponsor,
hereinafter referred to as the “Board” is authorized to amend the Plan and has delegated such power
to the Compensation Committee of the Board; and

WHEREAS, the Compensation Committee of the Board has delegated the power to amend the Plan to the
Advisory Committee under certain immaterial circumstances whereby the participants are not
adversely affected; and

WHEREAS, the Plan Sponsor and the Advisory Committee desire to amend Article 13 of the Plan to
remove wording which could allow the corporate trustee to have discretion with regard to the Plan’s
investments;

NOW, THEREFORE, pursuant to Section 8.03 of the Plan, the following amendment is hereby made and
shall be effective as of the date executed:

     Section 13.02 Trust Fund, subsection (c) Investments, is amended in its entirety as follows:

     (c) Investments

The Plan Administrator shall from time to time provide to the Trustee written investment
policies that, consistent with the terms of the Plan, set forth the Plan’s investment
objectives and guidelines, including trading restrictions to prevent illegal or abusive
practices.

The Trustee will invest the Trust Fund in accordance with the proper directions of the
Plan Administrator.

IN WITNESS WHEREOF, the Plan Sponsor has caused this instrument to be executed as of the date
specified below.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	JANUS CAPITAL GROUP INC.	 	 
	 

	 	 	 	 	 	 	 	 
	Dated:

	 	May 26, 2005
	 	By:
	 	/s/ Gregory A. Frost	 	 
	 

	 	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	Its:
	 	Senior Vice Presidentexv10w50

 

Exhibit 10.50

20 April, 2005

SUITER LIMITED

P.O. BOX 3175

WICKHAMS CAY 1

ROAD TOWN, TORTOLA

BRITISH VIRGIN ISLANDS

Attention: Mr Brunello Donati

Dear Mr Donati:

     We are pleased to confirm the agreement (“Agreement”) under which Suiter Limited (“Suiter”),
will provide services to Introgen Therapeutics, Inc. (the “Company”) upon the terms and conditions
set forth below:

     1.   Suiter will provide the Company with promotional and public relations
services, and advice with respect to such matters, working diligently and in good
faith to enhance the image and visibility of the Company focusing on the sophisticated
global financial community. Suiter will comply with all applicable laws, rules,
regulations and codes of conduct in the performance of its services under this
Agreement. Suiter understands that the Company is being advised by Mulier Capital with
respect to this Agreement.

As compensation for the services of Suiter hereunder, the Company will on or about the date of this
Agreement cause to be issued to Suiter a warrant (the “Warrant”) to purchase up to 500,000 shares
of the Company’s common stock. The exercise price of the Warrant will be the closing price of the
Company’s common stock as reported on the NASDAQ national market system on the date hereof. The
Warrant may be exercised only if and to the extent that it becomes vested, and may be transferred
only with the mutual written consent of the parties hereto. Vesting will occur in a manner to be
negotiated by the parties; provided that the entire warrant will vest if the average closing price
of the Company’s common stock as quoted on the NASDAQ National Market System calculated over a
period of twenty consecutive trading days (the “Average Closing Price”) reaches $20.50 per share
during the term of this agreement, and none of the Warrants will vest unless the Average Closing
Price reaches $8.00 during such term.

 

 

March 17, 2005

Page 2

     2.   This Agreement and any portion of the Warrant that has not vested in the
manner provided above will expire upon the first to occur of: (a) ninety (90) days
from the date of this Agreement, or (b) at the Company’s option, upon written notice
from the Company to Suiter at any time after the Company publicly announces a
favorable action or decision by the United
States Food and Drug Administration with respect to one or more of the Company’s
product candidates, or a partnering or collaboration agreement involving one or
more of the company’s product candidates (that is not arranged by Suiter pursuant
to a written mandate with the Company), that the Company in good faith believes had
or will have a material positive impact upon the price per share of the Company’s
common stock as quoted on the NASDAQ National Market System (a “Material
Announcement”); provided that in the event of such cancellation at the option of
the Company the Company and Suiter will enter into good faith negotiations in an
attempt to fairly compensate Suiter for its efforts (but in no event will more
warrants vest than Suiter could have earned under this Agreement had such
announcement not been made).

     3.   The Warrant issued hereunder shall have five (5) year term from the date of
issuance and shall not be exercisable prior to the second anniversary of the date of
issuance, and then is exercisable only to the extent it is vested. The Warrant term
may be extended by mutual written consent of the parties hereto. Suiter agrees that
for a period of five (5) years from the date of issuance of the Warrant, Suiter, it’s
affiliates, and any holder of the Warrant pursuant to an assignment that is permitted
hereunder, shall not purchase or sell, or make any offer to purchase or offer to sell,
derivative securities relating to the Company’s securities, whether or not issued by
the Company, such as exchange traded options to purchase or sell the Company’s
securities (“puts” and “calls”), engage in short sales or short sales “against the
box” in the Company’s securities, or pledge or loan the Warrant or other Company
securities in connection with any such transaction, or enter into any contract or
arrangement involving hedging or shifting or sharing risk or benefits with respect to
the Company’s securities; and Suiter agrees that as a remedy for breach of the
prohibition in this sentence, without limiting its other remedies at law or in equity,
the Company may cancel the Warrant. The Warrant may be exercised for cash
consideration or in connection with a standard “cashless” exercise provision to be set
forth therein. The above notwithstanding, the Warrant, to the extent vested and not
cancelled due to default by Suiter, shall be exercisable in the event of (1) the
merger or reorganization of the Company into another corporation, in which the Company
is not the surviving entity; (2) the sale of all or substantially all of the Company’s
assets to another entity; or (3) a change in ownership in the Company’s voting stock
resulting in ownership of more than fifty percent (50%) of the Company’s voting stock
by one or more persons acting in concert who did not prior to the date of the warrants
own more than fifty percent (50%) of the Company’s voting stock (a “Change in
Control”). The Warrant shall expire, if it has not been previously exercised, upon the
closing of the Change of Control. The Warrant will be on the Company’s form of Warrant
Agreement, and in the event of a conflict between the terms of the Warrant and the
terms of this Agreement, the terms of the Warrant will control.

     4.   Suiter will keep confidential all non-public information regarding the
Company’s affairs, and all other proposals or ideas created by Suiter or discussed
with the Company during the term of the Agreement, and will not, save as required by
law or by any competent regulatory

 

 

March 17, 2005

Page 3

authority, disclose any of the same except to the extent that such information has already been
made public through no fault of Suiter. Suiter may engage professional advisers for itself in
connection with the Agreement, with the approval of the Company, and may disclose confidential
information to any professional advisers that it has engaged, provided that any professional
advisers engaged are subject to a substantially similar confidentiality agreement with Suiter. The
Company will keep confidential the financial terms of this agreement and other non-public
information of Suiter except to the extent that, in the opinion of its legal counsel, disclosure of
such terms is required by law.

     5.   Suiter will be responsible for all expenses incurred by it in connection with performance of its
services hereunder, except those where there is prior written agreement from the Company.

     6.   Each party represents and warrants to the other that it has full power and authority to enter
into this Agreement and that there are no contracts, arrangements or understandings in place which
relate to such party that would in any way restrict such party from discharging its obligations
under this Agreement or which might result in any party incurring liability to a third person as a
result of discharging this Agreement.

     7.   This Agreement contains the entire agreement between the Company and Suiter concerning the
provision of investor relations and public relations services to the Company by Suiter, and
compensation of Suiter for such services.

     8.   This Agreement is effective as of the date hereof and may be transferred only by mutual written
agreement of the parties hereto.

     Please confirm that the foregoing correctly and completely sets forth our understanding by signing and
returning to us the enclosed duplicate of this Agreement.

	 	 	 	 	 
	 	Sincerely,

INTROGEN THERAPEUTICS, INC.

 	 
	 	By:  	/s/
David G. Nance
 	 
	 	 	David G. Nance, President 	 
	 	 	 	 
	 

	 	 	 	 	 
	AGREED AND ACCEPTED:

SUITER LIMITED

 	 
	By:  	/s/
Brunello Donati 	 	 
	 	 	Brunello Donati, Its:

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