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Exhibit 10.1  

 
 

AMENDED AND RESTATED
  1999 LONG-TERM INCENTIVE PLAN
  EFFECTIVE AS OF MAY 11, 2000    
    

        1.    Purpose.    The purpose of this 1999 Long-term Incentive Plan (the "Plan") of Traffic.com, Inc, a
Delaware corporation (the "Company"), is to advance the interests of the Company and its stockholders by providing a means to attract, retain, and reward directors, officers, and other key employees
of the Company and its subsidiaries and to enable such persons to acquire or increase a proprietary interest in the Company, thereby promoting a closer identity of interests between such persons and
the Company's stockholders. 

        2.    Definitions.    The definitions of awards under the Plan, including Options, Stock Appreciation Rights ("SARs"
including Limited SARs), Restricted Stock, Deferred Stock, Stock granted as a bonus or in lieu of other awards, Dividend Equivalents, and Other Stock-based Awards, are set forth in Section 6 of
the Plan. Such awards, together with any other right or interest granted to a Participant under the Plan, are termed "Awards." For purposes of the Plan, the following additional terms shall be defined
as set forth below: 

        (a)   "Award"
means any rights or benefit conferred on a Participant pursuant to this Plan. 

        (b)   "Award
Agreement" means any written agreement, contract, notice, or other instrument or document evidencing an Award. 

        (c)   "Beneficiary"
shall mean the person, persons, trust, or trusts which have been designated by a Participant in his or her most recent written beneficiary designation
filed with the Committee to receive the benefits specified under the Plan upon such Participant's death or, if there is no designated Beneficiary or surviving designated Beneficiary, then the person,
persons, trust, or trusts entitled by will or the laws of descent and distribution to receive such benefits. 

        (d)   "Board"
means the Board of Directors of the Company. 

        (e)   A
"Change in Control" shall be deemed to have occurred if: 

        (i)    any
"person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) other than the Company or any of its subsidiaries or affiliates becomes a "beneficial
owner" (as defined in rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing more than fifty percent (50%) of the voting power of the
then outstanding securities of the Company; or 

        (ii)   any
person has commenced a tender offer or exchange offer for more than fifty percent (50%) of the voting power of the then outstanding shares of the Company. 

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        (f)    "Code"
means the Internal Revenue Code of 1986, as amended from time to time. References to any provision of the Code shall be deemed to include regulations thereunder
and successor provisions and regulations thereto. 

        (g)   "Committee"
means the committee appointed by the Board to administer the Plan, or if no committee is appointed, the Board. 

        (h)   "Exchange
Act" means the Securities Exchange Act of 1934, as amended from time to time. References to any provision of the Exchange Act shall be deemed to include rules
thereunder and successor provisions and rules thereto. 

        (i)    "Fair
Market Value" means, with respect to Stock, Awards, or other property, the fair market value of such Stock, Awards, or other property determined by such methods or
procedures as shall be
established from time to time by the Committee, provided, however, that (i) if the Stock is listed on a national securities exchange or quoted in
an inter-dealer quotation system, the Fair Market Value of such Stock on a given date shall be based upon the last sales price or, if unavailable, the average of the closing bid and asked prices per
share of the Stock on such date (or, if there was no trading or quotation in the Stock on such date, on the next preceding date on which there was trading or quotation) as provided by one of such
organizations, (ii) the "fair market value" of Stock on the date on which shares of Stock are first issued and sold pursuant to a registration statement filed with and declared effective by the
Securities and Exchange Commission shall be the Initial Public offering price of the shares so issued and sold, as set forth in the first final prospectus used in such offering, and (iii) the
"fair market value" of Stock prior to the date of the Initial Public offering shall be as determined by the Board. 

        (j)    "Initial
Public Offering" shall mean an initial public offering of shares of Stock in a firm commitment underwriting registered with the Securities and Exchange
Commission in compliance with the provisions of the 1933 Act. 

        (k)   "ISO"
means any option intended to be and designated as an incentive stock option within the meaning of Section 422 of the Code. 

        (l)    "Participant"
means a person who, at a time when eligible under Section 5 hereof, has been granted an Award under the Plan. 

        (m)  "Rule 16b-3"
means Rule 16b-3, as from time to time in effect and applicable to the Plan and Participants, promulgated by the
Securities and Exchange Commission under Section 16 of the Exchange Act. 

        (n)   "Stock"
means the Common Stock, par value $.01, of the Company and such other securities as may be substituted for Stock or such other securities pursuant to
Section 4 herein. 

        (o)   "Subsidiary"
means any business entity, whether incorporated or unincorporated, controlled by the Company. For purposes of this subsection, "control" shall have the
meaning ascribed thereto under section 482 of the Code. 

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        3.    Administration.    

        (a)    Authority of the Committee.    The Plan shall be administered by the Committee. The Committee shall have full
and final authority to take the following actions, in each case subject to and consistent with the provisions of the Plan: 

        (i)    to
select persons to whom Awards may be granted; 

        (ii)   to
determine the type or types of Awards to be granted to each such person; 

        (iii)  to
determine the number of Awards to be granted, the number of shares of Stock to which an Award will relate, the terms and conditions of any Award granted under the
Plan (including, but not limited to, any exercise price, grant price, or purchase price, any restriction or condition, any schedule for lapse of restrictions or conditions relating to transferability
or forfeiture, exercisability or settlement of an Award, and waivers or accelerations thereof, performance conditions relating to an Award (including performance conditions relating to Awards not
intended to be governed by Section 7(f) and waivers and modifications thereof), based in each case on such considerations as the Committee shall determine), and all other matters to be
determined in connection with an Award; 

        (iv)  to
determine whether, to what extent, and under what circumstances an Award may be settled, or the exercise price of an Award may be paid, in cash, Stock, other Awards,
or other property, or an Award may be canceled, forfeited, or surrendered; 

        (v)   to
determine whether, to what extent, and under what circumstances cash, Stock, other Awards, or other property payable with respect to an Award will be deferred either
automatically, at the election of the Committee, or at the election of the Participant; 

        (vi)  to
prescribe the form of each Award Agreement, which need not be identical for each Participant; 

        (vii) to
adopt, amend, suspend, waive, and rescind such rules and regulations and appoint such agents as the Committee may deem necessary or advisable to administer the
Plan; 

        (viii) to
correct any defect or supply any omission or reconcile any inconsistency in the Plan and to construe and interpret the Plan and any Award, rules and regulations,
Award Agreement, or other instrument hereunder; and 

        (ix)  to
make all other decisions and determinations as may be required under the terms of the Plan or as the Committee may deem necessary or advisable for the administration
of the Plan. 

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Other
provisions of the Plan notwithstanding, the Board may perform any function of the Committee under the Plan, including without limitation for the purpose of ensuring that transactions under the
Plan by Participants who are then subject to Section 16 of the Exchange Act in respect of the Company are exempt under Rule 16b-3. In any case in which the Board is
performing a function of the Committee under the Plan, each reference to the Committee herein shall be deemed to refer to the Board. 

        (b)    Manner of Exercise of Committee Authority.    Any action of the Committee with respect to the Plan shall be
final, conclusive, and binding on all persons, including the Company, subsidiaries of the Company, Participants, any person claiming any rights under the Plan from or through any Participant and
stockholders, except to the extent the Committee may subsequently modify, or take further action not consistent with, its prior action. If not specified in the Plan, the time at which the Committee
must or may make any determination shall be determined by the Committee, and any such determination may thereafter be modified by the Committee (subject to Section 8(e)). The express grant of
any specific power to the Committee, and the taking of any action by the Committee, shall not be construed as limiting any power or authority of the Committee. Except as provided under
Section 7(f), the Committee may delegate to officers or managers of the Company or any subsidiary of the Company the authority, subject to such terms as the Committee shall determine, to
perform such functions as the Committee may determine, to the extent permitted under applicable law. 

        (c)    Limitation of Liability.    Each member of the Committee shall be entitled to, in good faith, rely or act upon
any report or other information furnished to him by any officer or other employee of the Company or any subsidiary, the Company's independent certified public accountants, or any executive
compensation consultant, legal counsel, or other professional retained by the Company to assist in the administration of the Plan. No member of the Committee, nor any officer or employee of the
Company acting on behalf of the Committee, shall be personally liable for any action, determination, or interpretation taken or made in good faith with respect to the Plan, and all members of the
Committee and any officer or employee of the Company acting on its behalf shall, to the extent permitted by law and the By-laws of the Company, be fully indemnified and protected by the
Company with respect to any such action, determination, or interpretation. 

        4.    Stock Subject to Plan.    

        (a)    Amount of Stock Reserved.    The total amount of Stock that may be subject to outstanding awards, determined
immediately after the grant of any Award, shall not exceed 2,350,000 shares of Stock, provided, however, that shares subject to ISOs shall not be deemed
delivered if such ISOs are forfeited, expire, or otherwise terminate without delivery of shares to the Participant. If an Award valued by reference to Stock may only be settled in cash, the number of
shares to which such Award relates shall be deemed to be Stock subject to such Award for purposes of this Section 4(a). Any shares of Stock delivered pursuant to an Award may consist, in whole
or in part, of authorized and unissued shares, treasury shares, or shares acquired in the market for a Participant's Account. 

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        (b)    Annual Per-participant Limitations.    With respect to Awards that may be settled in cash (in whole
or in part), no Participant may be paid during any calendar year cash amounts relating to such Awards that exceed the greater of the Fair Market Value of the number of shares of Stock set forth in the
preceding sentence at the date of grant or the date of settlement of Award. This provision sets forth two separate limitations, so that Awards that may be settled solely by delivery of Stock will not
operate to reduce the amount of cash -only Awards, and vice versa; nevertheless, Awards that may be settled in Stock or cash must not exceed either limitation. In addition to the
restrictions set forth in this subsection (b), the aggregate Fair Market Value (determined on the date the Option is granted) of Shares subject to an ISO, to a Participant, by the Committee in any
calendar year shall not exceed One Hundred Thousand Dollars ($100,000). 

        (c)    Adjustments.    In the event that the Committee shall determine that any recapitalization, forward or reverse
split, reorganization, merger, consolidation, spin-off, combination, repurchase or exchange of Stock or other securities, Stock dividend or other special, large and
non-recurring dividend or distribution (whether in the form of cash, securities, or other property), liquidation, dissolution, or other similar corporate transaction or event, affects the
Stock such that an adjustment is appropriate in order to prevent dilution or enlargement of the rights of Participants under the Plan, then the Committee shall, in such manner as it may deem
equitable, adjust any or all of (i) the number and kind of shares of Stock reserved and available for Awards under Section 4(a), including shares reserved for ISOs, (ii) the
number and kind of shares of Stock specified in the Annual Per-participant Limitations under Section 4(b), (iii) the number and kind of shares of outstanding Restricted Stock
or other outstanding Award in connection with which shares have been issued, (iv) the number and kind of shares that may be issued in respect of other outstanding Awards, and (v) the
exercise price, grant price, or purchase price relating to any Award (or, if deemed appropriate, the Committee may make provision for a cash payment with respect to any outstanding Award). In
addition, the committee is authorized to make adjustments in the terms and conditions of, and the criteria included in, Awards (including, without limitation, cancellation of unexercised or
outstanding Awards, or substitution of Awards using stock of a successor or other entity) in recognition of unusual or nonrecurring events (including, without limitation, events described in the
preceding sentence and events constituting a Change in Control) affecting the Company or any subsidiary or the financial statements of the Company or any subsidiary, or in response to changes in
applicable laws, regulations, or accounting principles. 

        5.    Eligibility.    Executive officers and other key employees of the Company and its subsidiaries, including any
officer or member of the Board who is also such an employee, are eligible to be granted Awards under the Plan. In addition, persons who have been offered employment by the Company or its subsidiaries,
and persons employed by an entity that the Committee reasonably expects to become a subsidiary of the Company, are eligible to be granted an Award under the Plan; provided,
however, that such Award shall be canceled if such person fails to commence such employment, or such entity fails to become a subsidiary, and no payment of value may be made in
connection with such Award until such person has commenced such employment or until such entity becomes a subsidiary. 

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        6.    Specific Terms of Awards.    

        (a)    General.    Awards may be granted on the terms and conditions set forth in this Section 6. In addition,
the Committee may impose on any Award or the exercise thereof such additional terms and conditions, not inconsistent with the provisions of the Plan, as the Committee shall determine, including terms
requiring forfeiture of Awards in the event of termination of employment or service of the Participant. Except as provided in Section 6(f), 6(h), or 7(a), or to the extent required to comply
with requirements of applicable law, only services may be required as consideration for the grant (but not the exercise) of any Award. 

        (b)    Options.    The Committee is authorized to grant options (including "reload" options automatically granted to
offset specified exercises of options) on the following terms and conditions ("Options"): 

        (i)    Exercise Price.    The exercise price per share of Stock purchasable under an Option shall be determined by the
Committee. 

        (ii)    Time and Method of Exercise.    The Committee shall determine the time or times at which an Option may be
exercised in whole or in part, the duration of an Option, the methods by which such exercise price may be paid or deemed to be paid, the form of such payment, including, without limitation, cash,
Stock, other Awards, or awards granted under other Company plans or other property (including notes or other contractual obligations of Participants to make payment on a deferred basis, such as
through "cashless exercise" arrangements, to the extent permitted by applicable law), the methods by which Stock will be delivered or deemed to be delivered to Participants, and subject to the
provisions of Section 6(b)(iii) hereto. 

        (iii)    ISOs.    The terms of any ISO granted under the Plan shall comply in all respects with the provisions of
Section 422 of the Code, including but not limited to the requirement that no ISO shall be granted
with an exercise price less than 100% (110% for an individual described in Section 422(b)(6) of the Code) of the Fair Market Value of a share of Stock on the date of grant and granted no more
than ten years after the effective date of the Plan. Anything in the Plan to the contrary notwithstanding, no term of the Plan relating to ISOs shall be interpreted, amended, or altered, nor shall any
discretion or authority granted under the Plan be exercised, so as to disqualify either the Plan or any ISO under Section 422 of the Code, unless requested by the affected Participant. 

        (iv)    Termination of Employment.    Subject to the exceptions as set forth in Section 6(b)(iv)(A) and
6(b)(iv)(B), below, and unless otherwise determined by the Committee, upon termination of a Participant's employment with the Company and its subsidiaries, such Participant may exercise any Options
during the three-month period following such termination of employment, but only to the extent such Option was exercisable immediately prior to such termination of employment. Notwithstanding the
foregoing, if the Committee determines that such termination is for cause, all Options held by the Participant shall terminate as of the termination of employment. 

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        (A)  Death.    If a Participant ceases to be employed by the Company by reason of his or her death, any Option owned
by such Participant may be exercised, to the extent otherwise exercisable on the date of death, by the estate, personal representative, or beneficiary who has acquired the Option by will or by the
laws of descent and distribution, until the earlier of (i) the specified expiration date of the Option, or (ii) 180 days from the date of the Participant's death. 

        (B)  Disability.    If a Participant ceases to be employed by the Company and by reason of his or her disability,
such Participant shall have the right to exercise any Option held by him or her on the date of termination of employment, to the extent of the number of shares with respect to which he or she could
have exercised it on that date, until the earlier of (i) the specified expiration date of the Option, or (ii) 180 days from the date of the termination of the Participant'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. 

        (c)    Stock Appreciation Rights.    The Committee is authorized to grant SARs on the following terms and conditions: 

        (i)    Right to Payment.    An SAR shall confer on the Participant to whom it is granted a right to receive, upon
exercise thereof, the excess of (A) the Fair Market Value of one share of Stock on the date of exercise (or, if the Committee shall so determine in the case of any such right other than one
related to an ISO, the Fair Market Value of one share at any time during a specified period before or after the date of exercise), over (B) the grant price of the SAR as determined by the
Committee as of the date of
grant of the SAR, which, except as provided in Section 7(a), shall be not less than the Fair Market Value of one share of Stock on the date of grant. 

        (ii)    Other Terms.    The Committee shall determine the time or times at which an SAR may be exercised in whole or
in part, the method of exercise, method of settlement, form of consideration payable in settlement, method by which Stock will be delivered or deemed to be delivered to Participants, whether or not an
SAR shall be in tandem with any other Award, and any other terms and conditions of any SAR. Limited SARs that may only be exercised upon the occurrence of a Change in Control may be granted on such
terms, not inconsistent with this Section 6(c), as the Committee may determine. Limited SARs may be either freestanding or in tandem with other Awards. 

        (d)    Restricted Stock.    The Committee is authorized to grant Restricted Stock on the following terms and
conditions ("Restricted Stock"): 

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        (i)    Grant and Restrictions.    Restricted Stock shall be subject to such restrictions on transferability and other
restrictions, if any, as the Committee may impose, which restrictions may lapse separately or in combination at such times, under such circumstances, in such installments, or otherwise, as the
Committee may determine. Except to the extent restricted under the terms of the Plan and any Award Agreement relating to the Restricted Stock, a Participant granted Restricted Stock shall have all of
the rights of a stockholder including, without limitation, the right to vote Restricted Stock or the right to receive dividends thereon. 

        (ii)    Forfeiture.    Except as otherwise determined by the Committee, upon termination of employment or service (as
determined under criteria established by the Committee) during the applicable restriction period, Restricted Stock that is at that time subject to restrictions shall be forfeited and reacquired by the
Company; provided, however, that the Committee may provide, by rule or regulation or in any Award Agreement, or may determine in any individual case,
that restrictions or forfeiture conditions relating to Restricted Stock will be waived in whole or in part in the event of termination resulting from specified causes. 

        (iii)    Certificates for Stock.    Restricted Stock granted under the Plan may be evidenced in such manner as the
Committee shall determine. If certificates representing Restricted Stock are registered in the name of the Participant, such certificates may bear an appropriate legend referring to the terms,
conditions, and restrictions applicable to such Restricted Stock, the Company may retain physical possession of the certificate, and the Participant shall have delivered a stock power to the Company,
endorsed in blank, relating to the Restricted Stock. 

        (iv)    Dividends.    Dividends paid on Restricted Stock shall be either paid at the dividend payment date in cash, in
shares of unrestricted Stock, or in shares of Restricted Stock, as decided by the Committee in its sole discretion, having a Fair Market Value equal to the amount of such dividends, or the payment of
such dividends shall be deferred and/or the amount or value thereof automatically reinvested in additional Restricted Stock, other Awards, or other investment vehicles, as the Committee shall
determine or permit the Participant to elect. Stock distributed in connection with a Stock split or Stock dividend, and other property distributed as a dividend, shall be subject to restrictions and a
risk of forfeiture to the same extent as the Restricted Stock with respect to which such Stock or other property has been distributed, unless otherwise determined by the Committee. 

        (e)    Deferred Stock.    The Committee is authorized to grant Deferred Stock subject to the following terms and
conditions ("Deferred Stock"): 

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        (i)    Award and Restrictions.    Delivery of Stock will occur upon expiration of the deferral period specified for an
Award of Deferred Stock by the Committee (or, if permitted by the Committee, as elected by the Participant, subject in all respects to the terms and conditions set forth by the Committee). In
addition, Deferred Stock shall be subject to such restrictions as the Committee may impose, if any, which restrictions may lapse at the expiration of the deferral period or at earlier specified times,
separately or in combination, in installments or otherwise, as the Committee may determine. 

        (ii)    Forfeiture.    Except as otherwise determined by the Committee, upon termination of employment (as determined
under criteria established by the Committee) during the applicable deferral period or portion thereof to which forfeiture conditions apply (as provided in the Award Agreement evidencing the Deferred
Stock), all Deferred Stock that is at that time subject to such forfeiture conditions shall be forfeited; provided, however, that the Committee may
provide, by rule or regulation or in any Award Agreement, or may determine in any individual case, that restrictions or forfeiture conditions relating to Deferred Stock will be waived in whole or in
part in the event of termination resulting from specified causes. 

        (f)    Bonus Stock and Awards in Lieu of Cash Obligations.    The Committee is authorized to grant Stock as a bonus,
or to grant Stock or other Awards in lieu of Company obligations to pay cash under other plans or compensatory arrangements. 

        (g)    Dividend Equivalents.    The Committee is authorized to grant dividend equivalents entitling the Participant to
receive cash, Stock, other Awards, or other property equal in value to dividends paid with respect to a specified number of shares of Stock ("Dividend Equivalents"). Dividend Equivalents may be
awarded on a free-standing basis or in connection with another Award. The
Committee may provide that Dividend Equivalents shall be paid or distributed when accrued or shall be deemed to have been reinvested in additional Stock, Awards, or other investment vehicles, and
subject to such restrictions on transferability and risks of forfeiture, as the Committee may specify. 

        (h)    Other Stock-based Awards.    The Committee is authorized, subject to limitations under applicable law, to grant
such other Awards that may be denominated or payable in, valued in whole or in part by reference to, or otherwise based on, or related to, Stock and factors that may influence the value of Stock, as
deemed by the Committee to be consistent with the purposes of the Plan, including, without limitation, convertible or exchangeable debt securities, other rights convertible or exchangeable into Stock,
purchase rights for Stock, Awards with value and payment contingent upon performance of the Company or any other factors designated by the Committee, and Awards valued by reference to the book value
of Stock or the value of securities or the performance of specified subsidiaries ("Other Stock Based Awards"). The Committee shall determine the terms and conditions of such Awards. Stock issued
pursuant to an Award in the nature of a purchase right granted under this Section 6(h) shall be purchased for such consideration, paid for at such times, by such methods, and in such forms,
including, without limitation, cash, Stock, other Awards, or other property, as the Committee shall determine. Cash awards, as an element of or supplement to any other Award under the Plan, may be
granted pursuant to this Section 6(h). 

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        7.    Certain Provisions Applicable to Awards.    

        (a)    Stand-alone, Additional, Tandem, and Substitute Awards.    Awards granted under the Plan may, in the discretion
of the Committee, be granted either alone or in addition to, in tandem with, or in substitution for any other Award granted under the Plan or any award granted under any other plan of the Company, any
subsidiary, or any business entity to be acquired by the Company or a subsidiary, or any other right of a Participant to receive payment from the Company or any subsidiary. Awards granted in addition
to or in tandem with other Awards or awards may be granted either as of the same time as or a different time from the grant of such other Awards or awards. 

        (b)    Term of Awards.    The term of each Award shall be for such period as may be determined by the Committee;  provided, however,
that in no event shall the term of any ISO or any SAR granted in tandem therewith exceed a period of ten years from the date of its
grant (or such shorter period as may be applicable under Section 422 of the Code). 

        (c)    Form of Payment Under Awards.    Subject to the terms of the Plan and any applicable Award Agreement, payments
to be made by the Company or a subsidiary upon the grant, exercise, or settlement of an Award may be made in such forms as the Committee shall determine, including, without limitation, cash, Stock,
other Awards, or other property, and may be made in a single payment
or transfer, in installments, or on a deferred basis. Such payments may include, without limitation, provisions for the payment or crediting of reasonable interest on installment or deferred payments
or the grant or crediting of Dividend Equivalents in respect of installment or deferred payments denominated in Stock. 

        (d)    Rule 16b-3 Compliance.    

        (i)    Six-month Holding Period.    Provided that the Company is subject to the requirements of
Section 16(b) of the Exchange Act, then unless a Participant could otherwise dispose of equity securities, including derivative securities, acquired under the Plan without incurring liability
under Section 16(b) of the Exchange Act, equity securities acquired under the Plan must be held for a period of six months following the date of such acquisition, provided that this condition
shall be satisfied with respect to a derivative security if at least six months elapse from the date of acquisition of the derivative security to the date of disposition of the derivative security
(other than upon exercise or conversion) or its underlying equity security. 

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        (ii)    Other Compliance Provisions.    With respect to a Participant who is then subject to Section 16 of the
Exchange Act in respect of the Company, the Committee shall implement transactions under the Plan and administer the Plan in a manner that will ensure that each transaction by such a Participant is
exempt from liability under Rule 16b-3, except that such a Participant may be permitted to engage in a non-exempt transaction under the Plan if written notice has been
given to the Participant regarding the non-exempt nature of such transaction. The Committee may authorize the Company to repurchase any Award or shares of Stock resulting from any Award in
order to prevent a Participant who is subject to Section 16 of the Exchange Act from incurring liability under Section 16(b). Unless otherwise specified by the Participant, equity
securities, including derivative securities, acquired under the Plan, which are disposed of by a Participant, shall be deemed to be disposed of in the order acquired by the Participant. 

        (e)    Loan Provisions.    With the consent of the Committee, and subject at all times to, and only to the extent, if
any, permitted under and in accordance with, laws and regulations and other binding obligations or provisions applicable to the Company, the Company may make, guarantee, or arrange for a loan or loans
to a Participant with respect to the exercise of any option or other payment in connection with any Award, including the payment by a Participant of any or all federal, state, or local income or other
taxes due in connection with any Award. Subject to such limitations, the Committee shall have full authority to decide whether to make a loan or loans hereunder and to determine the amount, terms, and
provisions of any such loan or loans, including the interest rate to be charged in respect of any such loan or loans, whether the loan or loans are to be with or without recourse against the borrower,
the terms on which the loan is to be repaid and conditions, if any, under which the loan or loans may be forgiven. 

        (f)    Performance-based Awards.    Provided that the Company is subject to the provisions of Code
Section 162(m), then, the Committee may, in its discretion, designate any Award the exercisability or settlement of which is subject to the achievement of performance conditions as a
performance-based Award subject to this Section 7(f), in order to qualify such Award as "qualified performance-based compensation" within the meaning of Code Section 162(m) and
regulations thereunder. The performance objectives for an Award subject to this Section 7(f) shall consist of one or more business criteria and a targeted level or levels of performance with
respect to such criteria as specified by the Committee but subject to this Section 7(f). Performance objectives shall be objective and shall otherwise meet the requirements of
Section 162(m)(4)(C) of the Code. Business criteria used by the Committee in establishing performance objectives for Awards subject to this Section 7(f) shall be selected from among the
following: 

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	(1)
	Annual
return on capital;

	(2)
	Annual
earnings or earnings per share;

	(3)
	Annual
cash flow provided by operations;

	(4)
	Changes
in annual revenues; and/or

	(5)
	Strategic
business criteria, consisting of one or more objectives based on meeting specified revenue, market penetration, geographic business expansion goals, cost targets, and goals
relating to acquisitions or divestitures. 

The
levels of performance required with respect to such business criteria may be expressed in absolute or relative levels. Achievement of performance objectives with respect to such Awards shall be
measured over a period of not less than one year nor more than five years, as the Committee may specify. Performance objectives may differ for such Awards to different Participants. The Committee
shall specify the weighting to be given to each performance objective for purposes of determining the
final amount payable with respect to any such Award. The Committee may, in its discretion, reduce the amount of a payout otherwise to be made in connection with an Award subject to this
Section 7(f), but may not exercise discretion to increase such amount, and the Committee may consider other performance criteria in exercising such discretion. All determinations by the
Committee as to the achievement of performance objectives shall be in writing. The Committee may not delegate any responsibility with respect to an Award subject to this Section 7(f). 

        (g)    Acceleration upon a Change of Control.    

        (i)    Notwithstanding
anything contained herein to the contrary, all conditions and/or restrictions relating to the continued performance of services and/or the achievement of
performance objectives with respect to the exercisability or full enjoyment of an Award shall immediately lapse upon a Change in Control with respect to the Chief Executive Officer and all
Participants with direct reports to the Chief Executive Officer only if, within twelve (12) months of a change in Control, any of the following occurs with respect to such Participant without
the prior written consent of such Participant: (i) such Participant's employment with the Company is terminated by the Company, (ii) such Participant's compensation is reduced relative
to such Participant's compensation level as of the date of the Change of Control, or (iii) there is a substantial diminution in the job, duties, or title of such Participant, compared to the
level of such job, duties, or title of such Participant as of the date of the Change of Control, provided, however, that such lapse shall not occur if
(i) it is intended that the transaction constituting such Change in Control be accounted for as a pooling of interests under Accounting Principles Board Option No. 16 (or any successor
thereto), and operation of this Section 7(g) would otherwise violate Paragraph 47(c) thereof. 

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        (ii)   Upon
a Change of Control, the Committee may elect to (i) direct the Company to provide each Participant which has been granted an Award written notice of such
Change of Control, (ii) cause such Awards to accelerate and become fully exercisable, (iii) cause the restrictions and conditions on all outstanding Restricted Stock to immediately
lapse, and (iv) grant payment to all Participants subject to Awards whereby value is deferred or performance-based in an amount determined by the Committee, based on the Participant's target
payment for such Award. 

        (h)    Call Option in the Event of Termination of Employment.    Unless otherwise provided under the Plan, and except
as may be specifically provided in writing by the Committee at the time an Award is granted, if a Participant terminates his or her employment with the Company for any reason, the Company shall have
an option to reacquire all or any portion of any Stock received by the Participant under this Plan at the then fair market value of the Stock as of the time this option is exercised. This option is
exercisable for a period of sixty days after the later of the following dates: (1) termination of employment, (2) receipt of the Stock, or (3) lapse of any restrictions on the
Stock. This option shall be exercised by written notice to the Participant at any time up to the expiration of the option period specified in this subsection. 

        8.    General Provisions.    

        (a)    Compliance With Laws and Obligations.    The Company shall not be obligated to issue or deliver Stock in
connection with any Award or take any other action under the Plan in a transaction subject to the requirements of any applicable securities law, any requirement under any listing agreement between the
Company and any national securities exchange or automated quotation system, or any other law, regulation, or contractual obligation of the Company until the Company is satisfied that such laws,
regulations, and other obligations of the Company have been complied with in full. Certificates representing shares of Stock issued under the Plan will be subject to such stop-transfer
orders and other restrictions as may be applicable under such laws, regulations, and other obligations of the Company, including any requirement that a legend or legends be placed thereon. 

        (b)    Limitations on Transferability.    Awards and other rights under the Plan will not be transferable by a
Participant except by will or the laws of descent and distribution or to a Beneficiary in the event of the Participant's death, shall not be pledged, mortgaged, hypothecated, or otherwise encumbered,
or otherwise subject to the claims of creditors, and, in the case of ISOs and SARs in tandem therewith, shall be exercisable during the lifetime of a Participant only by such Participant or his
guardian or legal representative; provided, however, that such Awards and other rights (other than ISOs and SARs in tandem therewith) may be transferred
to one or more transferees during the lifetime of the Participant to the extent and on such terms as then may be permitted by the Committee. 

        (c)    No Right to Continued Employment or Service.    Neither the Plan nor any action taken hereunder shall be
construed as giving any employee or other person the right to be retained in the employ or service of the Company or any of its subsidiaries, nor shall it interfere in any way with the right of the
Company or any of its subsidiaries to terminate any employee's employment or other person's service at any time. 

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        (d)    Taxes.    The Company and any subsidiary is authorized to withhold from any Award granted or to be settled, any
delivery of Stock in connection with an Award, any other payment relating to an Award, or any payroll or other payment to a Participant amounts of withholding and other taxes due or potentially
payable in connection with any transaction involving an Award, and to take such other action as the Committee may deem advisable to enable the Company and Participants to satisfy obligations for the
payment of withholding taxes and other tax obligations relating to any Award. This authority shall include authority to withhold or receive Stock or other property and to make cash payments in respect
thereof in satisfaction of a Participant's tax obligations. 

        (e)    Changes to the Plan and Awards.    The Board may amend, alter, suspend, discontinue, or terminate the Plan or
the Committee's authority to grant Awards under the Plan without the consent of stockholders or Participants, except that any such action shall be subject to the approval of the Company's stockholders
at or before the next annual meeting of stockholders for which the record date is after such Board action if such stockholder approval is required by any federal or state law or regulation or the
rules of any stock exchange or automated quotation system on which the Stock may then be listed or quoted, and the Board may otherwise, in its discretion, determine to submit other such changes to the
Plan to stockholders for approval; provided, however, that, without the consent of an affected Participant, no such action may materially impair the
rights of such Participant under any Award theretofore granted to him (as such rights are set forth in the Plan and the Award Agreement). The Committee may waive any conditions or rights under, or
amend, alter, suspend, discontinue, or terminate, any Award theretofore granted and any Award Agreement relating thereto; provided, however, that,
without the consent of an affected Participant, no such action may materially impair the rights of such Participant under such Award (as such rights are set forth in the Plan and the Award Agreement). 

        (f)    No Rights to Awards; No Stockholder Rights.    No Participant or employee shall have any claim to be granted
any Award under the Plan, and there is no obligation for uniformity of treatment of Participants and employees. No Award shall confer on any Participant any of the rights of a stockholder of the
Company unless and until Stock is duly issued or transferred and delivered to the Participant in accordance with the terms of the Award or, in the case of an Option, the Option is duly exercised. 

        (g)    Unfunded Status of Awards; Creation of Trusts.    The Plan is intended to constitute an "unfunded" plan for
incentive and deferred compensation. With respect to any payments not yet made to a Participant pursuant to an Award, nothing contained in the Plan or any Award shall give any such Participant any
rights that are greater than those of a general creditor of the Company; provided, however, that the Committee may authorize the creation of trusts or
make other arrangements to meet the company's obligations under the Plan to deliver cash, Stock, other Awards, or other property pursuant to any Award, which trusts or other arrangements shall be
consistent with the "unfunded" status of the Plan unless the Committee otherwise determines with the consent of each affected Participant. 

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        (h)    Nonexclusivity of the Plan.    Neither the adoption of the Plan by the Board nor its submission to the
stockholders of the Company for approval shall be construed as creating any limitations on the power of the Board to adopt such other compensatory arrangements as it may deem desirable, including,
without limitation, the granting of stock options otherwise than under the Plan, and such arrangements may be either applicable generally or only in specific cases. 

        (i)    No Fractional Shares.    No fractional shares of Stock shall be issued or delivered pursuant to the Plan or any
Award. The Committee shall determine whether cash, other Awards, or other property shall be
issued or paid in lieu of such fractional shares or whether such fractional shares or any rights thereto shall be forfeited or otherwise eliminated. 

        (j)    Compliance with Code Section 162(m).    Provided that the Company is subject to the provisions of
Section 162(m) of the Code, then it is the intent of the Company that employee Options, SARs, and other Awards designated as Awards subject to Section 7(f) shall constitute "qualified
performance-based compensation" within the meaning of Code Section 162(m). Accordingly, if any provision of the Plan or any Award Agreement relating to such an Award does not comply or is
inconsistent with the requirements of Code Section 162(m), such provision shall be construed or deemed amended to the extent necessary to conform to such requirements, and no provision shall be
deemed to confer upon the Committee or any other person discretion to increase the amount of compensation otherwise payable in connection with any such Award upon attainment of the performance
objectives. 

        (k)    Governing Law.    The validity, construction, and effect of the Plan, any rules and regulations relating to the
Plan, and any Award Agreement shall be determined in accordance with the laws of the State of Delaware, without giving effect to principles of conflicts of laws, and applicable federal law. 

        (l)    Effective Date; Plan Termination.    The Plan shall become effective as of the date of its adoption by the
Board and approval of the Company's stockholders, and shall continue in effect until terminated by the Board. 

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AMENDED AND RESTATED 1999 LONG-TERM INCENTIVE PLAN EFFECTIVE AS OF MAY 11, 2000QuickLinks
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Exhibit 10.2  

 
 

TRAFFIC.COM, INC.
  AMENDED AND RESTATED
  1999 NON-EMPLOYEES' STOCK PLAN
  EFFECTIVE AS OF MAY 11, 2000    
    

        1.    Purpose.    The purpose of this 1999 Non-Employees' Stock Plan, is to advance the interests of
traffic.com, Inc. (the "Company") and its stockholders by providing a means to attract and retain highly qualified persons to serve as non-employee directors, advisers, and
consultants, as well as other persons providing services to the Company in a non-employee capacity, and to enable such persons to acquire or increase a proprietary interest in the Company,
thereby promoting a closer identity of interests between such persons and the Company's stockholders. 

        2.    Definitions.    In addition to terms defined elsewhere in the Plan, the following are defined terms under the
Plan: 

        (a)   "Award"
means any right or benefit conferred on a Participant pursuant to this Plan. 

        (b)   "Award
Agreement" means any written agreement, contract, notice or other instrument or document evidencing an Award. 

        (c)   "Board"
means the Board of Directors of the Company. 

        (d)   A
"Change in Control" shall be deemed to have occurred if: 

        (i)    any
"person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) other than the Company or any of its subsidiaries or affiliates becomes a "beneficial
owner" (as defined in rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing more than fifty percent (50%) of the voting power of the
then outstanding securities of the Company; or 

        (ii)   any
person has commenced a tender offer or exchange offer for more than fifty percent (50%) of the voting power of the then outstanding shares of the Company. 

        (e)   "Deferred
Share" means a credit to a Participant's deferral account under Section 9 which represents the right to receive one Share upon settlement of the
deferral account. Deferral accounts, and Deferred Shares credited thereto, are maintained solely as bookkeeping entries by the Company evidencing unfunded obligations of the Company. 

        (f)    "Fair
Market Value" with respect to Shares shall mean either: (i) if the stock is listed on a national securities exchange or quoted in an interdealer quotation
system, the fair market value of such stock on a given date shall be based upon the last sales price or, if unavailable, the average of the closing bid and asked prices per share of the stock on such
date (or, if there was no trading or quotation in the stock on such date, on the next preceding date on which there was trading or quotation) as provided by one of such organizations,  provided,
however, that the "fair market value" of the Shares, on the date on which shares of stock are
first issued and sold pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission, shall be the Initial Public Offering price of the shares so
issued and sold, as set forth in the first final prospectus used in such offering; or (ii) the "fair market value" of Shares prior to the date of the Initial Public Offering or at any time the
shares are not listed on a national securities exchange or quoted in an interdealer quotation system, shall be as determined by the Committee. 

        (g)   "Committee"
means the committee appointed by the Board to administer the Plan, or if no committee is appointed, the Board. 

 

        (h)   "Initial
Public Offering" shall mean an initial public offering of shares of stock in a firm commitment underwriting registered with the Securities and Exchange
Commission in compliance with the provisions of the 1933 Act. 

        (i)    "Option"
means the right, granted to a Participant under Section 8, to purchase a specified number of Shares at the specified exercise price for a specified
period of time under the Plan. All Options will be non-qualified stock options. 

        (j)    "Participant"
means any person who has been granted an Option Deferred Shares or Participant stock which remain outstanding or who has elected to be paid fees in the
form of Shares or Deferred Shares under the Plan. 

        (k)   "Restricted
Stock" means Shares of stock in the Company which are granted to a Participant pursuant to the terms set forth in Section 10. 

        (l)    "Stock"
or "Share" means a share of common stock, $.01 par value, of the Company and such other securities as may be substituted for such Share or such other securities
pursuant to Section 10. 

        3.    Administration.    

        (a)    Authority of the Committee.    The Plan shall be administered by the Committee. The Committee shall have full
and final authority to take the following actions, in each case subject to and consistent with the provisions of the Plan: 

        (i)    to
select persons to whom Awards may be granted; 

        (ii)   to
determine the type or types of Awards to be granted to each such person; 

        (iii)  to
determine the number of Awards to be granted, the number of shares of Stock to which an Award will relate, the terms and conditions of any Award granted under the
Plan (including, but not limited to, any exercise price, grant price or purchase price, any restriction or condition, any schedule for lapse of restrictions or conditions relating to transferability
or forfeiture, exercisability or settlement of an Award, and waivers or accelerations thereof, performance conditions relating to an Award based in each case on such considerations as the Committee
shall determine), and all other matters to be determined in connection with an Award; 

        (iv)  to
determine whether, to what extent and under what circumstances an Award may be settled, or the exercise price of an Award may be paid, in cash, Stock, other Awards,
or other property, or an Award maybe canceled, forfeited, or surrendered; 

        (v)   to
determine whether, to what extent and under what circumstances cash, Stock, other Awards or other property payable with respect to an Award will be deferred either
automatically, at the election of the Committee or at the election of the Participant; 

        (vi)  to
prescribe the form of each Award Agreement, which need not be identical for each Participant; 

        (vii) to
adopt, amend, suspend, waive and rescind such rules and regulations and appoint such agents as the Committee may deem necessary or advisable to administer the Plan; 

        (viii) to
correct any defect or supply any omission or reconcile any inconsistency in the Plan and to construe and interpret the Plan and any Award, rules and regulations,
Award Agreement or other instrument hereunder; and 

2

 

        (ix)  to
make all other decisions and determinations as may be required under the terms of the Plan or as the Committee may deem necessary or advisable for the administration
of the Plan. 

Other
provisions of the Plan notwithstanding, the Board may perform any function of the Committee under the Plan, including without limitation for the purpose of ensuring that transactions under the
Plan by Participants who are then subject to Section 16 of the Exchange Act in respect of the Company are exempt under Rule 16b-3. In any case in which the Board is
performing a function of the Committee under the Plan, each reference to the Committee herein shall be deemed to refer to the Board. 

        (b)    Manner of Exercise of Committee Authority.    Any action of the Committee with respect to the Plan shall be
final, conclusive and binding on all persons, including the Company, subsidiaries of the Company, Participants, any person claiming any rights under the Plan from or through any Participant and
stockholders, except to the extent the Committee may subsequently modify, or take further action not consistent with, its prior action. If not specified in the Plan, the time at which the Committee
must or may make any determination shall be determined by the Committee, and any such determination may thereafter by modified by the Committee. The express grant of any specific power to the
Committee, and the taking of any action by the Committee, shall not be construed as limiting any
power or authority of the Committee. The Committee may delegate to officers or managers of the Company or any subsidiary of the Company the authority, subject to such terms as the Committee shall
determine, to carry out such functions of the Committee as the Committee may determine, to the extent permitted under applicable law. 

        4.    Shares Available Under the Plan.    Subject to adjustment as provided in Section 11, the total number of
Shares reserved and available for issuance under the Plan is 546,000. Such Shares may be authorized but unissued Shares, treasury Shares, or Shares acquired in the market for the account of the
Participant. For purposes of the Plan, Shares that may be purchased upon exercise of an Option or delivered in settlement of Deferred Shares will not be considered to be available after such Option
has been granted or Deferred Share credited, except for purposes of issuance in connection with such Option or Deferred Share; provided,  however, that, if
an Option expires for any reason without having been exercised in full, the Shares subject to the unexercised portion of such Option
will again be available for issuance under the Plan. 

        5.    Administration by the Board.    Any action by the Board relating to the Plan will be taken only if, in addition
to any other required vote, such action is approved by the affirmative vote of a majority of the directors who are not then eligible to participate in the Plan. 

        6.    Limitation of Liability.    Each member of the Committee shall be entitled to, in good faith, rely or act upon
any report or other information furnished to him by any officer or other employee of the Company or any subsidiary, the Company's independent certified public accountants or any executive compensation
consultant, legal counsel or other professional retained by the Company to assist in the administration of the Plan. No member of the Committee, nor any officer or employee of the Company acting on
behalf of the Committee, shall be personally liable for any action, determination or interpretation taken or made in good faith with respect to the Plan, and all members of the Committee and any
officer or employee of the Company acting on its behalf shall, to the extent permitted by law and the By-laws of the Company, be fully indemnified and protected by the Company with respect
to any such action, determination or interpretation. 

        7.    Eligibility.    Each person who, on any date on which an Option is to be granted under Section 8 or on
which fees are to be paid which could be received in the form of Shares or deferred in the form of Deferred Shares under Section 9 or on which Restricted Stock is to be granted under
Section 10, is not an employee of the Company or any subsidiary of the Company will be eligible, at such date, to be granted an Option under Section 8 or receive fees in the form of
Shares or defer fees 

3

 

in
the form of Deferred Shares under Section 9 or be granted Restricted Stock under Section 9. No person other than those specified in this Section 7 will be eligible to
participate in the Plan. 

        8.    Options.    

        (a)    Number of Shares.    

        (i)    Grants to Directors.    From time to time, the Committee may grant an Option to any non-employee
Director of the Company who is otherwise eligible under Section 7. The number of Shares subject to such an Option shall be in the sole discretion of the Committee, and in each case shall be
subject to adjustment as provided in Section 10. 

        (ii)    Other Grants.    From time to time, the Committee may grant an Option to any person who is performing services
for or on behalf of the Company and who is otherwise eligible under Section 7. The number of Shares subject to such an Option shall be in the sole discretion of the Committee, and in each case
shall be subject to adjustment as provided in Section 10. 

        (b)    Exercise Price.    The exercise price per Share purchasable upon exercise of an Option will be equal to 100% of
the Fair Market Value of a Share on the date of grant of the Option. 

        (c)    Option Expiration.    A Participant's Option will expire at the earlier of (i) 10 years after the
date of grant or (ii) if the Option has been granted pursuant to Sections 8(a)(i), one year after the date the Participant ceases to serve as a director of the Company for any reason,  provided,
however, that with respect to clause (ii), such Option shall be exercisable during such
one-year period only to the extent it was exercisable pursuant to Section 8(d) on the date of such cessation or (iii) if the Option has been granted pursuant to
Section 8(a)(ii), at the end of such period of time as has been established by the Committee at the time the Option is granted. 

        (d)    Exercisability.    With respect to any Option granted pursuant to Section 8(a)(i), each Option shall
become exercisable in four equal installments. The first installment shall become exercisable on the date that is one year from the date the Option is granted and each succeeding installment shall
become exercisable on the date that is one year from the date the preceding installment was exercisable; provided, however, that if the duration of the Option is less than four years, the Option shall
be exercisable in four equal installments spread evenly over such period. With respect to any Option granted pursuant to Section 8(a)(ii), each Option shall become exercisable at such times and
upon such conditions as are established by the Committee in writing at the time the Option is granted; if no such conditions have been established by the Committee at the time the Option is granted,
such Option shall be exercisable in accordance with the terms contained in the preceding sentence. Unless otherwise determined by the Committee, all Options held by a Participant shall become
immediately exercisable upon (i) a Change in Control, (ii) the death of such Participant, or (iii) disability of such Participant (for the purposes of the Plan, the term
"disability" shall mean "permanent and total disability" as defined in Section 22(c)(3) of the Internal Revenue Code or any successor statute). 

        (e)    Method of Exercise.    A Participant may exercise an Option, in whole or in part, at such time as it is
exercisable and prior to its expiration, by giving written notice of exercise to the Secretary of the Company, specifying the Option to be exercised and the number of Shares to be purchased, and
paying in full the exercise price in cash (including by check) or by surrender of Shares already owned by the Participant (except for Shares acquired from the Company by exercise of an Option less
than six months before the date of surrender) having a Fair Market Value at the time of exercise equal to the exercise price, or by a combination of cash and Shares. 

        9.    Receipt of Shares or Deferred Shares In Lieu of Fees.    Each director of the Company may elect to be paid fees
in the event fees are authorized by the Committee, in his or her capacity as a director 

4

 

(including
annual retainer fees for service on the Board, fees for service on a Board committee, fees for service as chairman of a Board committee, and any other fees paid to directors) in the form of
Shares or Deferred Shares in lieu of cash payment of such fees, if such director is eligible to do so under Section 7 prior to the date any such fee is otherwise earned. Any person selected by
the Committee for participation in the Plan by reason of providing services to or on behalf of the Company may, if specifically authorized by the Committee in writing to do so, elect to receive
payment for their services in the form of Shares or Deferred Shares in lieu of cash payment of such fees for services rendered at any time prior to the time such fees are earned. For purposes of this
section, the term "earned" relative to fees to be received by a Participant shall mean the point in time when the Participant would be deemed to be in constructive receipt of such fees under the
Internal Revenue Code. If so elected, payment of fees in the form of Shares or Deferred Shares shall be made in accordance with this Section 9. 

        (a)    Elections.    Each Participant who elects to be paid fees for a given calendar year in the form of Shares shall
file an election in such form and in such time in advance of the time such fees are earned as prescribed by the Committee. Unless otherwise determined by the Committee, each director who elects to
defer such payment of fees for a particular year in the form of Deferred Shares for such year must file an irrevocable written election with the Secretary of the Company no later than
December 31 of the year preceding such calendar year; provided, however, that any newly elected
or appointed director may file an election for any year not later than 30 days after the date such person first became a director, and a director may file an election for the year in which the
Plan became effective not later than 30 days after the date of effectiveness. An election by a director shall be deemed to be continuing unless the director revokes or changes such election by
filing a new election form by the due date for such form specified in this section 9(a). The election must specify the following: 

        (i)    A
percentage of fees to be received in the form of Shares or deferred in the form of Deferred Shares under the Plan; and 

        (ii)   In
the case of a deferral, the period or periods during which settlement of Deferred Shares will be deferred (subject to such limitations as may be specified by counsel
to the Company). 

        (b)    Payment of Fees in the Form of Shares.    At any date on which fees are payable to a Participant who has
elected to receive such fees in the form of Shares, the Company will issue to such Participant, or to a designated third party for the account of such Participant, a number of Shares having an
aggregate Fair Market Value at that date equal to the fees, or as nearly as possible equal to the fees (but in no event greater than the fees), that would have been payable at such date but for the
Participant's election to receive Shares in lieu thereof If the Shares are to be credited to an account maintained by the Participant and to the extent reasonably practicable without requiring the
actual issuance of fractional Shares, the Company shall cause fractional Shares to be credited to the Participant's account. If fractional Shares are not so credited, any part of the Participant's
fees not paid in the form of whole Shares will be payable in cash to the Participant (either paid separately or included in a subsequent payment of fees, including a subsequent payment of fees subject
to an election under this Section 9). 

        (c)    Deferral of Fees in the form of Deferred Shares.    The Company will establish a deferral account for each
Participant who elects to defer fees in the form of Deferred Shares under this Section 9. At any date on which fees are payable to a Participant who has elected to defer fees in the form of
Deferred Shares, the Company will credit such Participant's deferral account with a number of Deferred Shares equal to the number of Shares having an aggregate Fair Market Value at that date equal to
the fees that otherwise would have been payable at such date but for the Participant's election to defer receipt of such fees in the form of Deferred Shares. The amount of 

5

 

Deferred
Shares so credited shall include fractional Shares calculated to at least three decimal places. 

        (d)    Crediting of Dividend Equivalents.    Whenever dividends are paid or distributions made with respect to Shares,
a Participant to whom Deferred Shares are then credited in a deferral account shall be entitled to be receive, as dividend equivalents, an amount equal in value to the amount of the dividend paid or
property distributed on a single Share multiplied by the number of Deferred Shares (including any fractional Share) credited to his or her deferral account as of the record date for such dividend or
distribution. Such dividend equivalents shall be credited to the Participant's deferral account as a number of Deferred Shares determined by dividing the aggregate value of such dividend equivalents
by the Fair Market Value of a Share at the payment date of the dividend or distribution. 

        (e)    Settlement of Deferred Shares.    The Company will settle the Participant's deferral account by delivering to
the Participant (or his or her beneficiary) a number of Shares equal to the number of whole Deferred Shares then credited to his or her deferral account (or a specified portion in the event of any
partial settlement), together with cash in lieu of any fractional Share remaining at a time that less than one whole Deferred Share is credited to such deferral account. Such settlement shall be made
at the time or times specified in the Participant's election filed in accordance with Section 9(a); provided,  however, that a Participant may further
defer settlement of Deferred Shares if counsel to the Company determines that such further deferral likely would
be effective under applicable federal income tax laws and regulations. 

        (f)    Nonforfeitability.    The interest of each Participant in any fees paid in the form of Shares or Deferred
Shares (and any deferral account relating thereto) at all times will be nonforfeitable. 

        10.    Restricted Stock.    

        (a)   From
time to time, the Committee in its sole discretion may grant Restricted Stock to any person eligible to participate in the Plan under Section 7 on the
following terms and conditions ("Restricted Stock"): 

        (i)    Grant and Restrictions:    Restricted Stock shall be subject to such restrictions on transferability and other
restrictions, if any, as the Committee may impose, which restrictions may lapse separately or in combination at such times, under such circumstances, in such installments, or otherwise, as the
Committee may determine. Except to the extent restricted under the terms of the Plan and any Award Agreement relating to the Restricted Stock, a Participant granted Restricted Stock shall have all of
the rights of a stockholder including, without limitation, the right to vote Restricted Stock or the right to receive dividends thereon. 

        (ii)    Forfeiture.    Under criteria established by the Committee, during the applicable restriction period,
Restricted Stock that is at any time subject to restrictions may be forfeited under conditions established by the Committee at the time the Restricted Stock is granted, and if so forfeited such
Restricted Stock shall be reacquired by the Company; provided, however, that the Committee may provide,
by rule or regulation or in any Award Agreement, or may determine in any individual case, that restrictions or forfeiture conditions relating to Restricted Stock will be waived in whole or in part in
the event of certain specified causes. 

        (iii)    Certificates for Stock.    Restricted Stock granted under the Plan may be evidenced in such manner as the
Committee shall determine. If certificates representing Restricted Stock are registered in the name of the Participants, such certificates may bear an appropriate legend referring to the terms,
conditions, and restrictions applicable to such Restricted Stock, the Company may retain physical possession of the certificate, and the Participant shall have delivered a stock power to the Company,
endorsed in blank, relating to the Restricted Stock. 

6

 

        (iv)    Dividends.    Dividends paid on Restricted Stock shall be either paid at the dividend payment date in cash, in
shares of unrestricted Stock, or in shares of Restricted Stock, as decided by the Committee in its sole discretion, having a Fair Market Value equal to the amount of such dividends, or the payment of
such dividends shall be deferred and/or the amount or value thereof automatically reinvested in additional Restricted Stock, other Awards, or other investment vehicles, as the Committee shall
determine or permit the Participant to elect. Stock distributed in connection with a Stock split or Stock dividend, and other property distributed as a dividend, shall be subject to restrictions and a
risk of forfeiture to the same extent as the Restricted Stock with respect to which such Stock or other property has been distributed, unless otherwise determined by the Committee. 

        11.    Adjustment Provisions.    

        (a)    Corporate Transactions and Events.    In the event any dividend or other distribution (whether in the form of
cash, Shares or other property), recapitalization, forward or reverse split, reorganization, merger, consolidation, spin-off, combination, repurchase, exchange of Shares or other
securities of the Company, extraordinary dividend (whether in the form of cash, Shares, or other property), liquidation, dissolution, or other similar corporate transaction or event affects the Shares
such that an adjustment is appropriate in order to prevent dilution or enlargement of each Participant's rights under the Plan, then an adjustment shall be made, in a manner that is proportionate to
the change to the Shares and otherwise equitable, in (i) the number and kind of Shares remaining reserved and available for issuance under Section 4, (ii) the number and kind of
Shares issuable upon exercise of outstanding Options, and/or the exercise price per Share thereof (provided that no fractional Shares will be issued upon exercise of any Option), (iii) the kind
of Shares to be issued in lieu of fees under Section 9 and (iv) the number and kind of Shares to be issued upon settlement of Deferred Shares under Section 9 or Restricted Shares
under Section 10. In addition, the Committee is authorized to make such adjustments in recognition of unusual or nonrecurring events (including, without limitation, events described in the
preceding sentence) affecting the Company or any subsidiary or the financial statements of the Company or any subsidiary, or in response to changes in applicable laws, regulations or accounting
principles. The foregoing not withstanding, no adjustment may be made hereunder except as will be necessary to maintain the proportionate interest of the Participant under the Plan and to preserve,
without exceeding, the value of outstanding Options and potential grants of Options and the value of outstanding Deferred Shares. 

        (b)    Insufficient Number of Shares.    If at any date an insufficient number of Shares are available under the Plan
for the receipt of fees in the form of Shares or deferral of fees in the form of Deferred Shares at that date, fees shall be paid in the form of Shares or deferred in the form of Deferred Shares
proportionately among Participants then eligible to participate to the extent Shares are then available and otherwise as provided under Section 9. 

        12.    Changes to the Plan.    The Board of Directors may amend, alter, suspend, discontinue, or terminate the Plan or
authority to grant Options or pay fees in the form of Shares or Deferred Shares under the Plan without the consent of stockholders or Participants, except that any amendment or alteration will be
subject to the approval of the Company's stockholders at or before the next annual meeting of stockholders for which the record date is after the date of such Board action if such stockholder approval
is required by any federal or state law or regulation or the rules of any stock exchange or automated quotation system as then in effect, provided,  however,
 that any action by the Board relating to this Section 12 will be taken only if, in addition to any other required vote by the Board,
such action is approved by the affirmative vote of a majority of the directors who are not then eligible to participate in the Plan. The Board may also determine to submit other such amendments or
alterations to stockholders for approval; provided, however, that, without the consent of an affected 

7

 

Participant,
no such action may materially impair the rights of such Participant with respect to any previously granted Option or any previous payment of fees in the form of Shares or Deferred Shares. 

        13.    Delegation of Authority.    The Plan shall be administered by a Committee of the Board appointed by the Board
or by the Board in the absence of such an appointment. The Committee shall have full and final authority to take such actions with respect to the Plan as is delegated by the Board and consistent with
the Plan. The Committee may delegate to officers or managers of the Company or any subsidiary of the Company the authority, subject to such terms as the Committee shall determine, to carry such
functions of the Committee as the Committee may determine, to the extent permitted under applicable law and the Plan. 

        14.    General Provisions.    

        (a)    Agreements.    Options, Deferred Shares, Restricted Stock and any other right or obligation under the Plan may
be evidenced by agreements or other documents executed by the Company and the Participant incorporating the terms and conditions set forth in the Plan, together with such other terms and conditions
not inconsistent with the Plan, as the Committee may from time to time approve. 

        (b)    Compliance with Laws and Obligations.    The Company will not be obligated to issue or deliver Shares in
connection with any Option, in payment of any fees, or in settlement of Deferred Shares or grant Restricted Stock in a transaction subject to the registration requirements of the Securities Act of
1933, as amended, or any other federal or state securities law, any requirement under any listing agreement between the Company and any stock exchange or automated quotation system, or any other law,
regulation, or contractual obligation of the Company, until the Company is satisfied that such laws, regulations, and other obligations of the Company have been complied with in full. Certificates
representing Shares issued under the Plan will be subject to such stop-transfer orders and other restrictions as may be applicable under such laws, regulations, and other obligations of
the Company, including any requirement that a legend or legends be placed thereon. 

        (c)    Limitations on Transferability.    Unless otherwise permitted by the Board, Options, Deferred Shares,
Restricted Stock and any other right under the Plan will not be transferable by a Participant except by will or the laws of descent and distribution (or to a designated beneficiary in the event of a
Participant's death), and will be exercisable during the lifetime of the Participant only by such Participant or his or her guardian, legal representative, or attorney-in-fact.
Options, Deferred Shares, Restricted Stock and other rights under the Plan may not be pledged, mortgaged, hypothecated, or otherwise encumbered, and shall not be subject to the claims of creditors of
any Participant. 

        (d)    No Right To Continue as a Director.    Nothing contained in the Plan or any agreement hereunder will confer
upon any Participant any right to continue to serve as a director of the Company. 

        (e)    No Stockholder Rights Conferred.    Nothing contained in the Plan or any agreement hereunder will confer upon
any Participant (or any person or entity claiming rights by or through a Participant) any rights of a stockholder of the Company unless and until Shares are in fact issued to such Participant (or
person) or are Restricted Shares or, in the case an Option, such Option is validly exercised in accordance with Section 8. 

        (f)    Nonexclusivity of the Plan.    Neither the adoption of the Plan by the Board nor its submission to the
stockholders of the Company for approval shall be construed as creating any limitations on the power of the Board to adopt such other compensatory arrangements for directors or other persons as it may
deem desirable. 

8

 

        (g)    Governing Law.    The validity, construction, and effect of the Plan and any agreement hereunder will be
determined in accordance with the laws of the State of Delaware, without giving effect to principles of conflicts of laws, and applicable federal law. 

        15.    Effective Date and Plan Termination.    The Plan will be effective as of the date of its approval by the
stockholders of the Company, and, unless earlier terminated by action of the Board, shall terminate at such time as no Shares remain available for issuance under the Plan and the Company and
Participants have no further rights or obligations under the Plan. 

        16.    Withholding Taxes.    The delivery of Shares, Shares pursuant to an Option, or Deferred Shares, or Restricted
Stock under this Plan shall be subject to the requirement that the Participant make adequate arrangements with the Company to effect any required withholding taxes or other sums required by the law to
be deducted and withheld by the Company on the value of such Shares or Deferred Shares. 

        17.    Changes to Award Agreements.    The Committee may, but only with the consent of the Participant, amend, change,
revoke, or modify the terms of any Award Agreement with a Participant, and may exchange one form of award for another (e.g., an Option under Section 8 may be exchanged for Restricted Stock
under Section 10). Such amendments, changes, revocation, modifications or exchanges may not affect the rights of a Participant to Shares which have already vested under the terms of the
Agreement with the Participant and this Plan, except with the consent of the Participant, and may, with the consent of the Participant, be retroactive to the date of the original Award Agreement, or
to any interim date. 

9

QuickLinks

TRAFFIC.COM, INC. AMENDED AND RESTATED 1999 NON-EMPLOYEES' STOCK PLAN EFFECTIVE AS OF MAY 11, 2000

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