Document:

Form of Restricted Stock Unit Agreement

 Exhibit 10.3 
  
 Print Name of Participant: Jessica M. Bibliowicz 
  
 NATIONAL FINANCIAL PARTNERS CORP. 
 2002 STOCK INCENTIVE PLAN 
  
 RESTRICTED STOCK UNIT AGREEMENT 
  
 This
RESTRICTED STOCK UNIT AGREEMENT, made as of the date set forth on the Notice of Grant of Restricted Stock Units, by and between National Financial Partners Corp., a Delaware corporation (the “Company”), pursuant to the National Financial
Partners Corp. National Financial Partners 2002 Stock Incentive Plan (the “Plan”) and the individual named on the Notice of Grant of Restricted Stock Units (the “Participant”). Except as otherwise expressly set forth herein, this
Agreement shall be construed in accordance with the provisions of the Plan and any capitalized terms not otherwise defined in this Agreement shall have the definitions set forth in the Plan. 
  
 WHEREAS, the Plan administrator has authorized the grant to the Participant
of the Restricted Stock Units as set forth in the Notice of Grant of Restricted Stock Units. 
  
 NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth and for other good and valuable consideration, the parties hereto have agreed and do hereby agree as follows: 
  

	1.	Grant of Award. Pursuant to Section 7(b) of the Plan, and in partial satisfaction of the Company’s obligations pursuant to Section 3(c)(iii) of the Employment Agreement
between the Participant and the Company, dated as of April 5, 1999 and amended and restated as of February 15, 2005 (such agreement, the “Employment Agreement”), the Company grants to the Participant, as of the effective date of grant
specified in the Notice of Grant of Restricted Stock Units and subject to the terms and conditions of the Plan and subject further to the terms and conditions set forth herein, the number of Restricted Stock Units as shown on the Notice of Grant of
Restricted Stock Units. Record of the Participant’s grant shall be kept on the books of the Company until the Restricted Period (as defined in Section 2) shall have lapsed. 

  

	2.	Vesting. The Restricted Stock Units granted to the Participant shall vest and become payable in accordance with the schedule set forth in the Notice of Grant of Restricted
Stock Units. Such schedule indicates the date upon which the Participant shall be entitled to receive shares of Common Stock, provided that as of such vesting date, the Participant’s Employment or Service with the Company and its affiliates has
not been terminated, except as otherwise provided herein. The period from the date of grant of a Restricted Stock Unit to the date it becomes vested and payable shall be referred to herein as the “Restricted Period.”

	3.	Form of Payment. Unless otherwise determined by the Committee at the time of payment, each Restricted Stock Unit granted hereunder shall represent the right to receive one
share of Common Stock upon the vesting of such Restricted Stock Unit. 

  

	4.	Dividend Equivalents. Additional Restricted Stock Units shall be credited to the Participant’s account as of each date (a “Dividend Date”) on which cash
dividends and/or special dividends and distributions are paid with respect to Common Stock, provided that the record date with respect to such dividend or distribution occurs within the Restricted Period. The number of Restricted Stock Units to be
credited to the Participant’s account under the Plan as of any Dividend Date shall equal the quotient obtained by dividing (a) the product of (i) the number of the Restricted Stock Units credited to such account on the record date for such
dividend or distribution and (ii) the per share dividend (or distribution value) payable on such Dividend Date, by (b) the Fair Market Value of a share of Common Stock as of such Dividend Date. 

  

	5.	Restrictions on Transfer. Restricted Stock Units may not be transferred or otherwise disposed of by the Participant, including by way of sale, assignment, transfer, pledge,
hypothecation or otherwise, except as permitted by the Committee, or by will or the laws of descent and distribution. No purported sale, assignment, mortgage, hypothecation, transfer, pledge, encumbrance, gift, transfer in trust (voting or other) or
other disposition of, or creation of a security interest in or lien on, any of the Restricted Stock Units by any holder thereof in violation of the provisions of this Restricted Stock Unit Agreement shall be valid, and the Company will not transfer
any of such Restricted Stock Units on its books, nor will any dividends be paid thereon, unless and until there has been full compliance with such provisions to the satisfaction of the Company. The foregoing restrictions are in addition to and not
in lieu of any other remedies, legal or equitable, available to enforce said provisions. 

  

	6.	Approvals. No shares of Common Stock shall be issued under this Restricted Stock Unit Agreement unless and until all legal requirements applicable to the issuance of such
shares have been complied with to the satisfaction of the Committee. The Committee shall have the right to condition any issuance of shares to the Participant on the Participant’s undertaking in writing to comply with such restrictions on the
subsequent disposition of such shares as the Committee shall deem necessary or advisable as a result of any applicable law or regulation. 

  

	7.	Termination of Employment or Service. Except as set forth below, in the event that the Participant’s Employment or Service with the Company and its affiliates
terminates, for any reason or for no reason, all Restricted Stock Units shall immediately be cancelled and forfeited. 

  

	 	(a)	In the event that, within 24 months following a Change of Control (as defined in the Employment Agreement), the Participant’s Employment or Service with the Company and its
affiliates is terminated by the Company without Cause (as defined in the Employment Agreement) or by the Participant for Good Reason (as defined in the Employment Agreement), all Restricted Stock Units shall become immediately vested as of the date
of such termination. 

	 	(b)	In the event that the Participant’s Employment or Service with the Company and its affiliates is terminated by the Company without Cause or by the Participant for Good Reason
during the six-month period prior to a Change of Control, and it is demonstrated by the Participant that such termination of employment was at the request of a third party who has taken steps reasonably calculated to effect the Change of Control (an
“Anticipatory Termination”), all Restricted Stock Units become immediately vested as of the date of such termination; provided, that if the Participant’s termination of employment is an Anticipatory Termination and if the Restricted
Stock Units were unvested at termination, the Restricted Stock Units shall be reinstated and become fully vested immediately prior to such Change of Control. 

  

	8.	Taxes. The Participant understands that the Participant (and not the Company) shall be responsible for any tax liability that may arise as a result of the transactions
contemplated by this Restricted Stock Agreement. At the time the Participant recognizes taxable income in respect to the Restricted Stock Units, the Participant shall owe to the Company an amount equal to the federal, state and/or local taxes the
Company determines it is required to withhold under applicable tax laws with respect to the payment of the Restricted Stock Units. At the Company’s discretion, the Participant may satisfy the foregoing requirement by one or a combination of the
following methods: (a) making a payment to the Company in cash or cash equivalents; (b) with the consent of the Company, by authorizing the Company to withhold cash otherwise due to the Participant; (c) authorizing the Company to withhold a portion
of the shares of Common Stock to be received hereunder having a value equal to or less than the minimum amount required to be withheld or (d) a combination of the foregoing. 

  

	9.	Compliance with Law and Regulations. This Agreement, the Award granted hereby and any obligation of the Company hereunder shall be subject to all applicable federal, state
and local laws, rules and regulations and to such approvals by any government or regulatory agency as may be required. 

  

	10.	Incorporation of Plan. This Agreement is made under the provisions of the Plan (which is incorporated herein by reference) and shall be interpreted in a manner consistent
with it. To the extent that this Agreement is silent with respect to, or in any way inconsistent with, the terms of the Plan, (other than those provisions that specifically reference, or are provided for in, the Employment Agreement) the provisions
of the Plan shall govern and this Agreement shall be deemed to be modified accordingly. 

  

	11.	Notices. Any notices required or permitted hereunder shall be addressed to Office of the General Counsel, National Financial Partners, 787 Seventh Avenue, New York, New York
10019, or to the Participant at the address then on record with the Company, as the case may be, and deposited, postage prepaid, in the United States mail. Either party may, by notice to the other given in the manner aforesaid, change his/her or its
address for future notices. 

	12.	Binding Agreement; Successors. This Agreement shall bind and inure to the benefit of the Company, its successors and assigns, and the Participant and the Participant’s
personal representatives and beneficiaries. 

  

	13.	Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware. The Committee shall have final authority to interpret
and construe the Plan and this Agreement and to make any and all determinations under them, and its decision shall be binding and conclusive upon all Persons. 

  

	14.	Amendment. Except as provided in the Employment Agreement, this Agreement may be amended or modified by the Company at any time; provided, that notice is provided to the
Participant in accordance with Section 12. Notwithstanding the foregoing, no amendment or modification that is adverse to the rights of the Participant as provided by this Agreement shall be effective unless set forth in a writing signed by the
parties hereto. 

  
  

 IN WITNESS WHEREOF, the Company has caused this Agreement to be duly executed by its officer thereunder duly authorized
and the Participant has hereunto set his hand, all as of the day and year set forth below. 
  

	
	NATIONAL FINANCIAL PARTNERS CORP.
	
	 /s/ Douglas W. Hammond

	 Name: Douglas W. Hammond

	 Title:   EVP

  
 The undersigned hereby acknowledges
having read this Agreement and the Plan and hereby agrees to be bound by all provisions set forth herein and in the Plan. 
  

			
	PARTICIPANT
	  
 /s/ Jessica M. Bibliowicz

	Name:	 	Jessica M. Bibliowicz
	Title:	 	President and Chief Executive Officer

  
 Dated as of: February 16, 2005Employment Agreement

 EXHIBIT 10.1 
  
 EMPLOYMENT AGREEMENT 
  
 AGREEMENT dated as of February 17, 2005 between Digitas Inc., a Delaware corporation (the “Company”), and Cella M. Irvine (the “Executive”).

  
 WHEREAS, the Company and the Executive desire to set forth in a written
agreement the terms and conditions of the Executive’s employment by and services to the Company; 
  
 NOW, THEREFORE, the Company and the Executive agree as follows: 
  
 1 . Effective Date. The Effective Date of this Agreement is March 31, 2005. 
  
 2. Employment Period. The period during which the Company shall employ the Executive and the Executive shall serve the Company under this Agreement (the
“Employment Period”) shall begin on the Effective Date and end on the second anniversary of the Effective Date; provided, however, that on the first anniversary of the Effective Date and on each subsequent anniversary of such
date (each such anniversary hereinafter referred to as a “Renewal Date”), the Employment Period shall be automatically extended by one year, unless at least 60 days before a Renewal Date either party shall give notice to the other that the
Employment Period shall not be so extended. 
  
 3. Position and Duties.
During the Employment Period, the Executive shall serve as Executive Vice President and Chief Administrative Officer with the duties and responsibilities customarily assigned to such position and such other duties and responsibilities as the Board
of Directors or the Chief Executive Officer of the Company shall from time to time assign to the Executive. The Executive shall report to the Chief Executive Officer of the Company. The Executive’s principal place of employment shall be at the
Company’s offices in New York, New York, or any other New York City metropolitan area location as determined by the Company, subject to such travel as the rendering of the Executive’s services hereunder may reasonably require. A
description of the Executive’s initial duties and responsibilities are attached hereto as Exhibit B. 
  
 4. Full-time Position. During the Employment Period, and excluding any periods of vacation and sick leave to which the Executive is entitled, the Executive shall devote her full business attention and time to
the business and affairs of the Company and shall use her best efforts to carry out such responsibilities faithfully and efficiently. Subject to Company approval where required by applicable policy, it shall not be considered a violation of the
foregoing for the Executive to (a) serve on corporate, civic or charitable boards or committees, (b) deliver lectures, fulfill speaking engagements or teach at educational institutions and (c) manage personal investments, so long as such activities
do not materially interfere with the performance of the Executive’s responsibilities as an employee of the Company in accordance with this Agreement. 
  
 5. Compensation. 
  
 (a) Base Salary. As compensation for the Executive’s services hereunder during the Employment Period, the Company shall pay to the Executive an annual salary (the “Base Salary”) of not less than
four hundred thousand dollars ($400,000) payable at such times and intervals as the Company pays the base salaries of its other executive employees. The Base Salary shall be reviewed annually during the 

 
Employment Period for possible increase. The Executive’s next salary review will be April, 2006. The Base Salary shall not be reduced after any such
increase, and the term “Base Salary” shall thereafter refer to the Base Salary as so increased. 
  
 (b) Annual Bonus. In addition to the Base Salary, for each fiscal year ending during the Employment Period the Executive shall be eligible for an annual bonus (the “Annual Bonus”) of up to sixty
percent (60%) of the annual Base Salary (“Bonus Target”), the precise amount to be determined by the Chief Executive Officer subject to approval by the Compensation Committee of the Board. The Bonus Target will be reviewed annually during
the Employment Period for possible future increase or decrease. Executive’s Annual Bonus for the calendar year 2005 shall be no less than two hundred thousand dollars ($200,000), provided the Executive is an employee on the date of payment.
Annual bonuses are awarded for calendar year performance and are generally paid in March or April of the following year, subject to the conditions precedent that the Executive is employed on that date. In addition to the Annual Bonus, the Executive
may receive an annual grant of Digitas stock options and/or restricted stock in an amount to be determined by the Chief Executive Officer subject to approval by the Compensation Committee of the Board. As more fully described below, all stock
options and restricted stock granted to the Executive shall vest and become exercisable immediately in the event of termination of employment within the two-year period following a Change in Control, whether by the Company without Cause or by the
Executive with Good Reason (as hereinafter defined). 
  
 (c) Benefits.
During the Employment Period, the Executive shall be entitled to receive employee benefits (including without limitation medical, life insurance and other welfare benefits and benefits under retirement and savings plans), Company-provided parking
and paid vacation, in each case to the same extent as, and on the same terms and conditions as, other similarly situated senior executives of the Company from time to time. 
  
 (d) Expenses. The Executive shall be entitled to receive prompt reimbursement for all reasonable expenses incurred by the Executive
during the Employment Period in carrying out her duties under this Agreement, provided that the Executive complies with the policies, practices and procedures of the Company for submission of expense reports, receipts, or similar documentation of
such expenses. 
  
 6. Termination of Employment. 
  
 (a) Termination by the Company. The Executive’s employment may be terminated by
the Company under any of the following circumstances: 
  
 (i)
upon the “Disability’ of the Executive, defined as the inability of the Executive to perform her duties hereunder on a full-time basis by reason of physical or mental incapacity, sickness or infirmity that continues for more than 180 days
or for periods aggregating more than 180 days during any period of 365 consecutive days; 
  
 (ii) for “Cause,” as defined below; or 
  
 (iii) for any other reason (a termination without “Cause”). The Company shall give the Executive Notice of termination without Cause. If the Executive’s employment is terminated by the Company without
Cause, the effective date of the Executive’s termination of employment with the Company (the “Date of Termination”) shall be the 30th business day after such Notice is given or such other date as the Company and the Executive shall
agree. 
  
 (b) Definition of “Cause”. “Cause” means and
shall be limited to: 
  
 (i) wrongful misappropriation of the
funds or property of the Company; 

 (ii) use of alcohol or illegal drugs interfering with the performance of the Executive’s
obligations, continuing after written warning of such actions; 
  
 (iii) admission, confession, indictment or plea bargain to, or conviction of, a felony, or of any crime involving moral turpitude, dishonesty, theft, unethical or unlawful conduct; 
  
 (iv) commission of any willful, intentional or grossly negligent act which
could reasonably be expected to injure the reputation, business or business relationships of the Company or which may tend to bring the Executive or the Company into disrepute, or the willful commission of any act which is a breach of the
Executive’s fiduciary duties to the Company; 
  
 (v) the
deliberate or willful failure by the Executive (other than by reason of the Executive’s physical or mental illness, incapacity or disability) to substantially perform her duties with the Company and the continuation of such failure for a period
of 30 days after delivery by the Company to the Executive of Notice specifying the scope and nature of such failure and the Company’s intention to terminate the Executive for Cause. 
  
 (vi) commission of any act which constitutes a material breach of the policies of the Company, including but not limited to
the disclosure of any confidential information or trade secrets pertaining to the Company or any of its clients. 
  
 For purposes of this Section, any act or failure to act of the Executive shall not be considered “willful” unless done or omitted to be done by the Executive
not in good faith and without reasonable belief that the Executive’s action or omission was in the best interest of the Company. The determination that any of the above described events constitute Cause shall be made by the Board in its sole
discretion. The Company shall give the Executive Notice of termination specifying which of the foregoing provisions is applicable. The effective date of the Executive’s termination of employment with the Company (the “Date of
Termination”) shall be the 30th business day after such Notice is given or such other date as the Company and the Executive shall agree. 
  
 (c) Termination by the Executive. The Executive’s employment may be terminated by the Executive under either of the following circumstances: 
  
 (i) for “Good Reason,” as defined below; or 
  
 (ii) for any other reason (a termination without “Good Reason”).
The Executive shall give the Company Notice of termination without Good Reason. If the Executive terminates her employment without Good Reason, the effective date of the Executive’s termination of employment with the Company (the “Date of
Termination”) shall be the 30th business day after such Notice is given or such other date as the Company and the Executive shall agree. 

 (d) Definition of “Good Reason”. “Good Reason” means termination at the Executive’s
initiative: 
  
 (i) within two years after a corporate Change in
Control (as defined in Exhibit A to this Agreement) if the Executive’s title, duties, status, authority, reporting relationship, responsibilities or compensation have been materially and adversely affected; or if the Executive’s principal
place of employment immediately prior to the Change of Control is relocated to a location more than 50 miles from such place of employment. 
  
 (ii) after any material failure by the Company to comply with any provision of this Agreement, unless such failure is remedied by the Company within ten
business days after receipt of Notice thereof from the Executive. 
  
 The
Executive shall give the Company Notice of termination specifying which of the foregoing provisions is applicable and the factual basis therefor, and if the Company fails to remedy such material failure, the Date of Termination shall be the 30th
business day after such Notice is given or such other date as the Company and the Executive shall agree. 
  
 (e) Severance Benefits upon Certain Terminations. If during the Employment Period the Executive’s employment is terminated by the Company without Cause or by the Executive for Good Reason, the Executive
shall not be entitled to any further compensation or benefits provided for under this Agreement, except as follows: 
  
 (i) For a period of twelve months after the Date of Termination, the Company shall continue to pay the Executive the Base Salary at the rate in effect
immediately before the Date of Termination (but, in the case of a termination by the Executive for Good Reason, disregarding any reduction thereof that was the basis for such termination). 
  
 (ii) The Company shall pay the Executive a lump sum amount equal to the
average of the annual bonuses paid to the Executive for the three years immediately preceding the year of the Date of Termination. If no bonus was paid to the Executive for the year immediately preceding the year of the Date of Termination, the
Bonus Amount shall be calculated at fifty percent (50%) of Base Salary. 
  
 (iii) The Company shall continue to provide the Executive with group health benefits pursuant to COBRA (the “Group Health Benefits”). The Company will pay the employer portion of the COBRA insurance premium for twelve months after
the Date of Termination and the Executive will remain responsible for paying the employee portion of the COBRA insurance premium on a monthly basis. The period of time the Company continues to pay for a portion of the Executive’s COBRA premium
will be applied toward the 18-month maximum COBRA coverage period. If the Executive chooses to continue COBRA coverage beyond twelve months the Executive will become responsible for paying the entire COBRA premium on a monthly basis. The Company
shall provide the Executive with information and access to enable the Executive to continue COBRA coverage thereafter for the maximum permitted duration at the Executive’s expense; provided, that during any period when the Executive is
eligible to receive any such benefits under another employer-provided plan or a government plan, the Group Health Benefits or substitute benefits provided by the Company under this clause may be made secondary to those provided under such other
plan; 
  
 (iv) The Company shall pay the Executive any amounts
that have been earned but not yet paid under Section 5 hereof. 

 (f) Severance Benefits upon Terminations after Corporate Change in Control. In addition to the severance benefits
provided for in Section 6(e), if within two years after a corporate Change in Control (as defined in Exhibit A to this Agreement) the Executive’s employment is terminated by the Company without Cause or by the Executive for Good Reason, the
Executive shall be entitled to severance benefits as follows: 
  
 (i) For a period of twelve months after the one-year anniversary of the Date of Termination, the Company shall continue to pay the Executive the Base Salary at the rate in effect immediately before the Date of Termination (but, in the case
of a termination by the Executive for Good Reason, disregarding any reduction thereof that was the basis for such termination). 
  
 (ii) Stock options and restricted stock previously granted to the Executive shall become vested immediately and shall be exercisable in accordance with
the applicable stock option plan and restricted stock plan. 
  
 (g) Additional
Limitation. 
  
 (i) Anything in this Agreement to the
contrary notwithstanding, in the event that any compensation, payment or distribution by the Company to or for the benefit of the Executive, whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise
(the “Severance Payments”), would be subject to the excise tax imposed by Section 4999 of the Internal Revenue Code of 1986, as amended (the “Code”), the following provisions shall apply: 
  
 (A) If the Severance Payments, reduced by the sum of (1) the Excise Tax and
(2) the total of the Federal, state, and local income and employment taxes payable by the Executive on the amount of the Severance Payments which are in excess of the Threshold Amount, are greater than or equal to the Threshold Amount, the Executive
shall be entitled to the full benefits payable under this Agreement. 
  
 (B) If the Threshold Amount is less than (x) the Severance Payments, but greater than (y) the Severance Payments reduced by the sum of (1) the Excise Tax and (2) the total of the Federal, state, and local income and employment taxes on the
amount of the Severance Payments which are in excess of the Threshold Amount, then the benefits payable under this Agreement shall be reduced (but not below zero) to the extent necessary so that the maximum Severance Payments shall not exceed the
Threshold Amount. To the extent that there is more than one method of reducing the payments to bring them within the Threshold Amount, the Executive shall determine which method shall be followed; provided that if the Executive fails to make such
determination within 45 days after the Company has sent the Executive Notice of the need for such reduction, the Company may determine the amount of such reduction in its sole discretion. 
  
 For the purposes of this Section 6(g), “Threshold Amount” shall mean three times the Executive’s “base amount”
within the meaning of Section 280G(b)(3) of the Code and the regulations promulgated thereunder less one dollar ($1.00); and “Excise Tax” shall mean the excise tax imposed by Section 4999 of the Code, and any interest or penalties incurred
by the Executive with respect to such excise tax. 
  
 (ii) The
determination as to which of the alternative provisions of Section 6(g)(i) shall apply to the Executive shall be made by Ernst & Young LLP or any other nationally recognized accounting firm selected by the Company (the “Accounting
Firm”), which shall provide detailed supporting calculations both to the Company and the Executive within 15 business days of the Date of Termination, 

 
if applicable, or at such earlier time as is reasonably requested by the Company or the Executive. For purposes of determining which of the alternative
provisions of Section 6(g)(i) shall apply, the Executive shall be deemed to pay federal income taxes at the highest marginal rate of federal income taxation applicable to individuals for the calendar year in which the determination is to be made,
and state and local income taxes at the highest marginal rates of individual taxation in the state and locality of the Executive’s residence on the Date of Termination, net of the maximum reduction in federal income taxes which could be
obtained from deduction of such state and local taxes. Any determination by the Accounting Firm shall be binding upon the Company and the Executive. 
  
 (h) Other Terminations. If the Executive’s employment is terminated by reason of the Executive’s death or for any other reason other than by the Company
without Cause or by the Executive for Good Reason, the Executive shall not be entitled to any compensation under this Agreement other than: 
  

	 	(i)	Base Salary through the 90th day following the Date of Termination in the case of the Executive’s death, and through the Date of Termination in all other cases,

  

	 	(ii)	any unpaid Annual Bonus that Executive has earned fully in accordance with Section 5(b) above, for a fiscal year that ended before the Date of Termination, 

 

	 	(iii)	benefits under and subject to the terms and conditions of any long-term disability insurance coverage in the case of termination because of Disability, and 

 

	 	(iv)	vested benefits, if any, required to be paid or provided by law. 

  
 7. Employee Confidential Information, Noncompetition and Ownership Agreement. This Agreement does not affect the Executive’s obligations under the Employee
Confidential Information, Noncompetition and Ownership Agreement (the “Confidentiality Agreement”) previously signed by the Executive. Such obligations continue in full force and effect according to the terms of the Confidentiality
Agreement. 
  
 8. No Mitigation. In no event shall the Executive be
obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and, except as specifically provided in Section 6(f)(iii) (health benefits) above,
such amounts shall not be reduced, regardless of whether the Executive obtains other employment. 
  
 9. Indemnification. In accordance with Article V, Section 2 of the Company’s By-laws, the Company will indemnify and defend the Executive. 
  
 10. Notices. 
  
 (a) Each notice, demand, request, consent, report, approval or communication (hereinafter “Notice”) which is or may be required to be given by any party to the
other party in connection with this Agreement shall be in writing and given by facsimile, personal delivery, receipted delivery services, or by certified mail, return receipt requested, prepaid and properly addressed to the other party as shown
below. 

 (b) Notices shall be effective on the date sent via facsimile, the date delivered personally or by receipted delivery
service, or three (3) days after the date mailed: 
  

			
	 If to the Company:
	    	Digitas Inc.
	 	    	Prudential Tower
	 	    	800 Boylston Street
	 	    	Boston, MA 02199
	 	    	Attn: General Counsel
		
	 If to the Executive:
	    	Ms. Cella M. Irvine
	 	    	257 W. 17th St., Apt. 3D
	 	    	New York, NY 10011

  
 Or at the residence address most
recently filed with the Company. 
  
 (c) Each party may designate by Notice to the
other a new address to which any Notice may thereafter be given. 
  
 11. Entire
Agreement. This Agreement shall constitute the entire agreement of the parties with respect to the subject matter hereof and shall supersede all prior agreements whether oral or written with the Company and its predecessor entities with respect
to the subject matter hereof. 
  
 12. Successors and Assigns. 

 
 (a) This Agreement is personal to the Executive and shall not be assignable by the
Executive without the prior written consent of the Company. This Agreement shall inure to the benefit of and be enforceable by the Executive’s legal representatives. 
  
 (b) The Company may assign this Agreement to any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to
all or substantially all of the business and/or assets of the Company that expressly agrees to assume and perform this Agreement in the same manner and to the same extent that the Company would have been required to perform it if no such assignment
had taken place, and “Company” shall include any such successor that assumes and agrees to perform this Agreement, by operation of law or otherwise. 
  

13. Miscellaneous. 
  
 (a) Receipt of severance benefits is conditioned on Executive’s execution and delivery of a separation agreement including a general release of claims, in a form acceptable to the Company, and on Executive’s
strict compliance with the Confidentiality Agreement. 
  
 (b) This Agreement may
not be amended or modified except by a written agreement executed by the parties hereto. 
  
 (c) This Agreement shall be governed by and construed in accordance with the laws of the Commonwealth of Massachusetts, without reference to principles of conflict of laws. The invalidity or unenforceability of any
provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement. If any provision of this Agreement shall be held invalid or unenforceable in part, the remaining portion of such provision,
together with all other provisions of this Agreement, shall remain valid and enforceable and continue in full force and effect to the fullest extent consistent with law. 

 (d) The Executive’s or the Company’s failure to insist upon strict compliance with any provision of, or to
assert any right under, this Agreement shall not be deemed to be a waiver of such provision or right or of any other provision of or right under this Agreement. 
  

(e) The headings contained in this Agreement are for convenience only and in no manner shall be construed as part of this Agreement. 
  
 (f) This Agreement may be executed simultaneously in two or more counterparts, each of which
shall be deemed an original but all of which together shall constitute one and the same instrument. 
  
 (g) When required by the context, references to “the “Company” in this Agreement shall mean or shall include Digitas Inc., its successors and assigns, its predecessors and its Affiliates. Affiliates are
companies that control, that are controlled by, or are under common control with Digitas Inc. 
  
 IN WITNESS WHEREOF, the Executive and the Company have executed this Agreement as of the day and year first above written. 
  

			
	 EXECUTIVE
	 	DIGITAS INC.
	  
 /s/ Cella Irvine

	 	 /s/ Ernest W. Cloutier

	 Cella M. Irvine
	 	Authorized Officer/General Counsel
		
	 Date: 2/17/05
	 	Date: 2/17/05

 EXHIBIT A 
 DEFINITION OF “CHANGE IN CONTROL” 
  
 “Change in Control” shall mean any of the following: 
  
 (a) any “person,” as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended (the “Act”) (other than the Company, any of its subsidiaries, or any trustee,
fiduciary or other person or entity holding securities under any employee benefit plan or trust of the Company or any of its subsidiaries), together with all “affiliates” and “associates” (as such terms are defined in Rule 12b-2
under the Act) of such person, shall become the “beneficial owner” (as such term is defined in Rule 13d-3 under the Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of either (A) the
combined voting power of the Company’s then outstanding securities having the right to vote in an election of the Company’s Board (“Voting Securities”) or (B) the then outstanding shares of Company’s common stock, par value
$0.01 per share (“Common Stock”) (other than as a result of an acquisition of securities directly from the Company); or 
  
 (b) persons who, as of the Commencement Date, constitute the Company’s Board (the “Incumbent Directors”) cease for any reason, including,
without limitation, as a result of a tender offer, proxy contest, merger or similar transaction, to constitute at least a majority of the Board, provided that any person becoming a director of the Company subsequent to the Commencement Date shall be
considered an Incumbent Director if such person’s election was approved by or such person was nominated for election by a vote of at least a majority of the Incumbent Directors; but provided further, that any such person whose initial
assumption of office is in connection with an actual or threatened election contest relating to the election of members of the Board or other actual or threatened solicitation of proxies or consents by or on behalf of a person other than the Board,
including by reason of agreement intended to avoid or settle any such actual or threatened contest or solicitation, shall not be considered an Incumbent Director; or 
  
 (c) the stockholders of the Company shall approve (A) any consolidation or merger of the Company where the stockholders of
the Company, immediately prior to the consolidation or merger, would not, immediately after the consolidation or merger, beneficially own (as such term is defined in Rule 13d-3 under the Act), directly or indirectly, shares representing in the
aggregate more than fifty percent (50%) of the voting shares of the Company issuing cash or securities in the consolidation or merger (or of its ultimate parent corporation, if any), (B) any sale, lease, exchange or other transfer (in one
transaction or a series of transactions contemplated or arranged by any party as a single plan) of all or substantially all of the assets of the Company or (C) any plan or proposal for the liquidation or dissolution of the Company. 
  
 Notwithstanding the foregoing, a “Change of Control” shall not be deemed to have
occurred for purposes of the foregoing clause (a) solely as the result of an acquisition of securities by the Company which, by reducing the number, of shares of Common Stock or other Voting Securities outstanding, increases the proportionate number
of shares beneficially owned by any person to fifty percent (50%) or more of either (A) the combined voting power of all of the then outstanding Voting Securities or (B) Common Stock; provided, however, that if any person referred to in this
sentence shall thereafter become the beneficial owner of any additional shares of Voting Securities or Common Stock (other than pursuant to a stock split, stock dividend, or similar transaction or as a result of an acquisition of securities directly
from the Company) and immediately thereafter beneficially owns fifty percent (50%) or more of either (A) the combined voting power of all of the then outstanding Voting Securities or (B) Common Stock, then a “Change of Control” shall be
deemed to have occurred for purposes of the foregoing clause (a).

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