Document:

Exhibit 10.1

 

FORM OF RESTRICTED STOCK UNIT AWARD AGREEMENT

 

THIS
AGREEMENT (the “Agreement”) is made effective as of January 18, 2008 (the “Grant
Date”), between Information Services Group, Inc., a Delaware corporation (“ISG”)
(hereinafter called the “Company”), and [NAME], a member of the Board who is
not an employee of the Company, hereinafter referred to as the “Grantee”.
Capitalized terms not otherwise defined herein shall have the same meanings as
in the Plan (as defined below).

 

WHEREAS,
the Company desires to grant the Grantee a restricted stock unit award as
provided for hereunder (the “Restricted Stock Unit Award”), ultimately payable
in shares of common stock of the Company, par value $0.01 per share (the “Common
Stock” or “Shares”), pursuant to the terms set forth herein and to the 2007
Information Services Group, Inc. Equity Incentive Plan (the “Plan”), the
terms of which are hereby incorporated by reference and made a part of this
Agreement;

 

WHEREAS,
the committee of the Company’s Board appointed to administer the Plan (the “Committee”),
has determined that it would be to the advantage and best interest of the
Company and its shareholders to grant the Restricted Stock Unit Award provided
for herein to the Grantee, and has advised the Company thereof and instructed
the undersigned officers to grant said Restricted Stock Unit Award.

 

NOW,
THEREFORE, in consideration of the mutual covenants herein contained and other
good and valuable consideration, receipt of which is hereby acknowledged, the
parties hereto do hereby agree as follows:

 

1.                   Grant of the Restricted Stock Units.

 

Subject
to the terms and conditions of the Plan and the additional terms and conditions
set forth in this Agreement, the Company hereby grants to the Grantee [NUMBER]
Restricted Stock Units (hereinafter called “RSUs”). The RSUs shall vest and
become nonforfeitable in accordance with Section 2 hereof.

 

2.                   Vesting.

 

(a)              So long as the Grantee continues to be a
member of the Board, the RSUs shall become vested and nonforfeitable in three
equal installments on each of the first, second and third anniversaries of the
Grant Date (each anniversary of the Grant Date, a “Vesting Date”); provided
however, that the RSUs shall become 100% vested and nonforfeitable upon the
earliest to occur of (i) the date the Grantee ceases to be a member of the
Board due to the Grantee’s death, Disability or Retirement (as defined below),
and (ii) a Change in Control (any such date, an “Acceleration Date”).

 

(b)              If, prior to the occurrence of the third anniversary
of the Grant Date (or any Acceleration Date), the Grantee ceases to be a member
of the Board for any reason other than due to the Grantee’s death, Disability
or Retirement (as defined below), the RSUs shall, to the extent not then
vested, be forfeited by the Grantee without consideration therefor; provided,
however, the Board may exercise its discretion and accelerate the vesting of
any portion of the grant which is unvested.

 

(c)               For purposes of this Agreement, “Retirement”
shall mean a voluntary resignation from the Board at the age of seventy-two
(72) or older.

 

(d)              In no event shall the Grantee receive any
distribution of Shares subject to any vested RSUs until the Vesting Date or
Acceleration Date, as applicable, at which time the Company shall, as promptly
as administratively practicable (but in no event later than March 14 of
the calendar year following the calendar year in which such Vesting Date or
Acceleration Date occurs) deliver such Shares to the Grantee.

 

 

3.                   No Dividend Equivalents. Unless and until Grantee is the record
holder of the Common Stock subject to the RSUs, he or she is not entitled to
the payment of any dividends (or dividend equivalents) with respect to the RSUs
or the Shares subject thereto.

 

4.                   Change in Capitalization; Corporate
Transactions. If there
occurs an event as described in Section 9 of the Plan, the provisions of Section 9
shall govern the treatment of this RSU Award.

 

5.                   Limitation on Obligations. The Company’s obligation with respect to
the RSUs granted hereunder is limited solely to the delivery to the Grantee of
shares of Common Stock on the date when such shares are due to be delivered
hereunder, and in no way shall the Company become obligated to pay cash in
respect of such obligation unless otherwise provided under Section 9 of
the Plan and permitted under Section 409A of the Code. This RSU Award
shall not be secured by any specific assets of the Company or any of its
Affiliates, nor shall any assets of the Company or any of its Affiliates be
designated as attributable or allocated to the satisfaction of the Company’s
obligations under this Agreement.

 

6.                   Rights as a Stockholder. The Grantee shall not have any rights of a
common stockholder of the Company unless and until the Grantee becomes entitled
to receive the shares of Common Stock pursuant to Section 2 above.

 

7.                   Transferability. The RSUs may not, at any time prior to
becoming vested pursuant to Section 2 or thereafter, be transferred, sold,
assigned, pledged, hypothecated or otherwise disposed of unless such transfer,
sale, assignment, pledge, hypothecation or other disposition is made to a trust
or other estate planning vehicle and otherwise complies with the provisions of
this Agreement.

 

8.                   Grantee’s Continued Service on the Board. Nothing contained in this Agreement or in
any other agreement entered into by the Company and the Grantee guarantees that
the Grantee will continue to serve as a member of the Board for any specified
period of time.

 

9.                   Withholding. It shall be a condition of the obligation of the Company upon
delivery of Common Stock to the Grantee pursuant to Section 2 above that
the Grantee pay to the Company such amount as may be requested by the Company
for the purpose of satisfying any liability for any federal, state or local
income or other taxes required by law to be withheld or paid by the Company
with respect to such Common Stock. The Company shall be authorized to take such
action as may be necessary, in the opinion of the Company’s counsel (including,
without limitation, withholding Common Stock otherwise deliverable to the
Grantee hereunder and/or withholding amounts from any compensation or other
amount owing from the Company to the Grantee), to satisfy the obligations for
payment of the minimum amount of any such taxes. In addition, if the Company’s
accountants determine that there would be no adverse accounting implications to
the Company, or if the Company otherwise in its discretion allows the following
to be so, the Grantee may be permitted to elect to use Common Stock otherwise
deliverable to the Grantee hereunder to satisfy any such obligations, subject
to such procedures as the Company’s accountants may require. The Grantee is
hereby advised to seek his or her own tax counsel regarding the taxation of the
grant of RSUs made hereunder.

 

10.            Securities Laws. Upon the delivery of any Common Stock to
the Grantee, the Company may require the Grantee to make or enter into such
written representations, warranties and agreements as the Committee may
reasonably request in order to comply with applicable securities laws or with
this Agreement. The delivery of the Common Stock hereunder shall be subject to
all applicable laws, rules and regulations and to such approvals of any
governmental agencies as may be required.

 

11.            Section 409A of the Code. In the event that it is reasonably
determined by the Company that, as a result of the deferred compensation tax rules under
Section 409A of the Internal

 

2

 

Revenue
Code of 1986, as amended (and any related regulations or other pronouncements
thereunder) (“the Deferred Compensation Tax
Rules”), benefits that the Grantee is entitled to under the terms of
this Agreement may not be made at the time contemplated by the terms hereof or
thereof, as the case may be, without causing Grantee to be subject to tax under
the Deferred Compensation Tax Rules, the Company shall, in lieu of providing
such benefit when otherwise due under this Agreement, instead provide such
benefit on the first day on which such provision would not result in the
Grantee incurring any tax liability under the Deferred Compensation Tax Rules;
which day, if the Grantee is a “specified Grantee” within the meaning of the
Deferred Compensation Tax Rules, may, in the event the benefit to be provided
is due to the Grantee’s separation from service with the Company and its
Affiliates, be the first day following the six-month period beginning on the
date of such separation from service.

 

12.            Notices. Any notice to be given under the terms of this Agreement to the
Company shall be addressed to the Company in care of its General Counsel at the
principal executive office of the Company, and any notice to be given to the
Grantee shall be addressed to him or her at the address appearing in the
personnel records of the Company for the Grantee. By a notice given pursuant to
this Section 12, either party may hereafter designate a different address
for notices to be given to him or her. Any notice which is required to be given
to the Grantee shall, if the Grantee is then deceased, be given to the Grantee’s
personal representative if such representative has previously informed the
Company of his or her status and address by written notice under this Section 12.
Any notice shall have been deemed duly given when delivered by hand or courier
or when enclosed in a properly sealed envelope or wrapper addressed as
aforesaid, deposited (with postage prepaid) in a post office or branch post
office regularly maintained by the United States Postal Service.

 

13.            Governing Law. The laws of the State of Delaware (or if
the Company reincorporates in another state, the laws of that state) shall
govern the interpretation, validity and performance of the terms of this
Agreement regardless of the law that might be applied under principles of
conflicts of laws.

 

14.            Restricted Stock Unit Award Subject to Plan. The Restricted Stock Unit Award and the
RSUs granted hereunder are subject to the Plan. The terms and provisions of the
Plan as it may be amended from time to time are hereby incorporated herein by
reference. In the event of a conflict between any term or provision contained
herein and a term or provision of the Plan, the applicable terms and provisions
of the Plan will govern and prevail.

 

15.            Amendment. This Agreement may be amended only by a writing executed by the
parties hereto which specifically states that it is amending this Agreement.

 

16.            Signature in Counterparts. This Agreement may be signed in
counterparts, each of which shall be an original, with the same effect as if
the signatures thereto and hereto were upon the same instrument.

 

[Continued on next page.]

 

3

 

IN WITNESS WHEREOF, the Company and the Grantee have
duly executed and delivered this Agreement as of the day and year first above
written.

 

 

	
   

  	
  INFORMATION
  SERVICES GROUP, INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
  Name:

  	
  Earl
  H. Doppelt

  
	
   

  	
  Title:

  	
  Executive
  Vice President, General Counsel 

  and Secretary

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  GRANTEE

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  [NAME]Exhibit
10.1

 

SIRTRIS
PHARMACEUTICALS, INC.

 

Amendment to

Warrant to Purchase Shares of Series B Preferred Stock of Sirtris
Pharmaceuticals, Inc.

 

Dated: April 17, 2008

 

Reference is made hereby to the warrant (the “Warrant”) issued to
ARE-770/784/790 Memorial Drive, LLC, a Delaware limited liability company (the “Investor”)
by Sirtris Pharmaceuticals, Inc., a Delaware corporation (“the Company”)
pursuant to a certain Lease Agreement, dated August 1, 2005, by and
between the Company and the Investor. 
All capitalized terms used herein and not separately defined shall have
the meaning ascribed to them in the Warrant.

 

WHEREAS, the Company and the Investor desire to amend the Warrant;

 

NOW, THEREFORE, the Investor and the Company agree to the following:

 

1.     Amendment.  The Warrant is hereby amended such that Section 3.1
and 3.2 of the Warrant shall be amended and restated to read in their entirety
as follows:

 

“3.1. Reorganization. In case at any time or
from time to time, the Company shall (a) effect a reorganization, (b) consolidate
with or merge with or into any other person (whether or not the Company is the
surviving entity of such merger), or (c) effect a recapitalization, then,
in each such case, the holder of this Warrant, on the exercise hereof as provided
in Section 1 at any time after the consummation or effective date of such
reorganization, consolidation, merger or recapitalization as the case may be,
shall receive, in lieu of the Series B Preferred Stock issuable on such
exercise prior to such consummation or such effective date, the stock and other
securities and property (including cash) to which such holder would have been
entitled upon such consummation, if such holder had so exercised this Warrant
immediately prior thereto, all subject to further adjustment thereafter as
provided in Section 4.”

 

2.     Governing Law.  This Amendment shall be governed by and
construed in accordance with the laws of The Commonwealth of Massachusetts
without reference to the choice of law principles thereof that would require
the application of the laws of any other state.

 

3.     Counterparts. This Amendment may be
executed in any number of counterparts, including by electronic or facsimile
transmission, each of which when so delivered shall be deemed an original, but
all such counterparts taken together shall constitute but one and the same
instrument.

 

[Remainder of Page Intentionally
Left Blank]

 

 

This
Amendment is executed as of the date first written above.

 

SIRTRIS
PHARMACEUTICALS, INC.

 

 

	
  By:

  	
  /s/
  Garen Bohlin

  	
   

  
	
  Name:

  	
  Garen
  Bohlin

  
	
  Title:

  	
  Chief
  Operating Officer

  
				

 

 

ARE-770/784/790
MEMORIAL DRIVE, LLC,

a Delaware limited liability company

 

 

By:
ALEXANDRIA REAL ESTATE EQUITIES, L.P.,
         a Delaware limited partnership,
managing member

 

 

By:
ARE-QRS CORP.,
         a Maryland corporation, general
partner

 

 

	
  By:

  	
  /s/ Dean Shigenaga

  	
   

  
	
  Name:

  	
  Dean Shigenaga

  
	
  Title:

  	
  Chief Financial Officer

  
				

 

 

[Signature Page to
Warrant Amendment]

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