Document:

Management and Advisory Services Agreement

 Exhibit 10.1 
  

			
		 	 MANAGEMENT AND ADVISORY SERVICES AGREEMENT dated as of March 27, 2006 (this “Agreement”), between HUGHES COMMUNICATIONS,
INC., a Delaware corporation (the “Advisor”); and HUGHES NETWORK SYSTEMS, LLC, a Delaware limited liability company (“HNS”).

 WHEREAS, Advisor is currently a member of HNS holding Class A Units of HNS pursuant to the
terms of the Second Amended and Restated Limited Liability Company Agreement of Hughes Network Systems, LLC dated February 28, 2006; and 
 WHEREAS, HNS desires that Advisor provide HNS with certain services in support of HNS and Advisor desires to provide such services in accordance with the terms set forth herein. 
 IT IS HEREBY AGREED: 
 1.
Appointment. HNS hereby appoints Advisor to render the advisory and consulting services described in Section 2 hereof during the term of this Agreement. 
 2. Services. Advisor hereby agrees that during the term of this Agreement Advisor, through Advisor’s respective officers and employees, shall render to HNS general support, advisory and consulting services
in relation to the business of HNS and its subsidiaries including, but not limited to, (i) advice in managing and operating the business of HNS and its subsidiaries, (ii) advice in designing financing structures, (iii) advice in evaluating
significant business development opportunities, (iv) cash management and treasury advice, (v) advice with regard to human resource benefits management and structuring, (vi) advice in budgeting, forecasting and other financial planning activity, and
(vii) such other advice directly related or ancillary to the above advisory services as may be reasonably requested by HNS.1 Advisor may be entitled to receive additional compensation for providing services of the type specified in the preceding sentence by mutual agreement of HNS and Advisor. 
 3. Fees. In consideration of the services contemplated by Section 2, during the term of this Agreement, HNS agrees to pay to Advisor a fee equal
to $250,000, payable quarterly in advance. 
 4. Reimbursements. In addition to the fees payable pursuant to Section 3, HNS shall pay
directly or reimburse Advisor for its Out-of-Pocket Expenses. For the purposes of this Agreement, the term “Out-of-Pocket Expenses” shall mean the out-of-pocket costs and expenses incurred by Advisor in connection with the services
rendered hereunder, including, without limitation, (i) 102% of the Advisor’s management salaries and benefits costs (ii) fees and disbursements of any independent professionals and organizations, including independent accountants, outside legal
counsel or consultants, (iii) costs of any outside services or independent contractors such as financial printers, couriers, business publications, financial services or similar services, and (iv) transportation, word processing expenses or any
similar expense not associated with its ordinary operations. For the avoidance of doubt HNS shall pay directly the out-of-pocket costs and expenses incurred by Advisor’s officers, directors and employees in the course of HNS business.

 5. Indemnification. HNS will indemnify and hold harmless Advisor and its officers, directors and employees (each such person, an
“Indemnified Party”) from and against any and all losses, claims, damages, liabilities, costs and expenses, whether joint or several (the “Liabilities”), related to, arising out of or in connection with the advisory
and consulting services contemplated by this Agreement or the engagement of Advisor pursuant to, and the performance by Advisor of the services contemplated by, this Agreement, whether or not pending or threatened, whether or not an Indemnified
Party is a party, whether or not resulting in any liability and whether or not an action, claim, suit, investigation or proceeding is initiated or brought by HNS. HNS will reimburse any Indemnified Party for all reasonable costs and expenses
(including reasonable attorneys’ fees and expenses) as they are incurred in connection with investigating, preparing, pursuing, defending or assisting in the defense of 

  

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any action, claim, suit, investigation or proceeding for which the Indemnified Party would be entitled to indemnification under the terms of the previous
sentence, or any action or proceeding arising therefrom, whether or not such Indemnified Party is a party thereto. 
 6. Accuracy of
Information. HNS shall furnish or cause to be furnished to Advisor such information as Advisor believes appropriate to its assignment. 
 7. Term. The Agreement shall be effective as of the date hereof and shall continue for two (2) years from the date hereof (the “Initial Term”). The Agreement shall automatically continue thereafter on an annual renewal
basis unless either party terminates the Agreement upon 60 days written notice prior to the end of the Initial Term or any annual renewal term (the “Termination Date”) ; provided that no termination shall affect any
obligations incurred on or prior to the Termination Date. The provisions of Sections 4, 5 and 8 shall survive the termination of this Agreement. 
 8. Miscellaneous. 
 (a) Governing Law; Jurisdiction; Waiver of Jury Trial. THIS AGREEMENT SHALL BE
GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. No suit, action or proceeding with respect to this Agreement may be brought in any court or before any similar authority other than in a court of competent
jurisdiction in the State of New York, and the parties hereto submit to the exclusive jurisdiction of these courts for the purpose of such suit, proceeding or judgment. The parties hereto irrevocably waive any right which they may have to bring such
an action in any other court, domestic or foreign, or before any similar domestic or foreign authority. EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING IN RELATION TO THIS AGREEMENT
AND FOR ANY COUNTERCLAIM THEREIN. 
 (b) Successors and Assigns; Assignment. Neither this Agreement nor any of the
rights, interests or obligations hereunder may be assigned by any of the parties hereto, in whole or in part (whether by operation of law or otherwise), without the prior written consent of the other parties, and any attempt to make any such
assignment without such consent shall be null and void, except that Advisor may assign its rights and obligations hereunder to any one or more of its affiliates. Subject to the preceding sentence, this Agreement will be binding upon, inure to the
benefit of and be enforceable by the parties and their respective successors and assigns. 
 (c) Entire Agreement; Third
Parties. This Agreement constitutes the entire agreement and supersedes all prior agreements and understandings, both written and oral, between the parties with respect to the subject matter hereof. This Agreement shall be binding upon and inure
solely to the benefit of the parties hereto, and nothing in this Agreement, express or implied, is intended to confer upon any other person any right, benefit or remedy of any nature under or by reason of this Agreement. 
 (d) Severability. If any term or provision of this Agreement is invalid, illegal or incapable of being enforced by any law or
public policy, all other terms and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to
any party. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as
closely as possible in an acceptable manner in order that the transactions contemplated hereby are consummated as originally contemplated to the greatest extent possible. 
 (e) Amendment and Waiver. This Agreement may be amended only by the written consent of all the parties hereto. Any waiver, consent
or approval of any kind by any party hereto of any breach, default or noncompliance under this Agreement or any waiver by such party of any provision or condition of this Agreement must be in writing and is effective only to the extent specifically
set forth in such writing. 
 (f) Delays or Omissions. It is agreed that no delay or omission to exercise any right,
power or remedy accruing to any party, upon any breach, default or noncompliance by another party under this Agreement, 

  

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shall impair any such right, power or remedy, nor shall it be construed to be a waiver of any such breach, default or noncompliance, or any acquiescence
therein, or of or in any similar breach, default or noncompliance thereafter occurring. All remedies, either under this Agreement, by law, or otherwise afforded to any party, shall be cumulative and not alternative. 
 (g) Notices. All notices required or permitted hereunder shall be in writing and shall be deemed effectively given: (a) upon
personal delivery to the party to be notified; (b) when sent by confirmed telex or facsimile if sent during normal business hours of the recipient, if not, then on the next business day; (c) five calendar days after having been sent by registered or
certified mail, return receipt requested, postage prepaid; or (d) one business day after deposit with a nationally recognized overnight courier, specifying next day delivery, with written verification of receipt. All communications are to be sent to
the addresses set forth below: 
 (i) if to HNS: 
 Hughes Network Systems, LLC 
 11717 Exploration Lane 
 Germantown, Maryland 20876 
 Attention: VP, General Counsel and Secretary 
 Telecopy No.: 301-428-2818; 
 and 
 (ii) if to Advisor: 
 Hughes Communications, Inc. 
 11717 Exploration Lane 
 Germantown, Maryland 20876 
 Attention: VP, General Counsel and Secretary 
 Telecopy No.: 301-428-2818. 
 (h) Interpretation. When a reference is made in this Agreement to Sections, such reference shall be to a Section of this Agreement
unless otherwise indicated. The table of contents titles and headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. Whenever the words
“include,” “includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words “without limitation.” 
 (i) Counterparts. This Agreement may be executed in one or more counterparts (including by facsimile), all of which shall be
considered one and the same agreement and shall become effective when one or more counterparts have been signed by each of the parties and delivered. 
 Signature page follows 
  

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 IN WITNESS WHEREOF, the parties have caused this Management and Advisory Services Agreement to be
executed and delivered by their duly authorized officers or agents as of the date first above written. 
  

			
	 HUGHES NETWORK SYSTEMS, LLC

		
	By:	 	 /s/    Grant A. Barber

	Name:	 	 Grant A. Barber

	Title:	 	 Executive Vice President and Chief Financial Officer

  

			
	 HUGHES COMMUNICATIONS, INC.

		
	By:	 	 /s/    Pradman Kaul

	Name:	 	 Pradman Kaul

	Title:	 	 President and Chief Executive Officer

  

 4Form of stock option award agreements for incentive stock options

 Exhibit 10.7 
 STOCK OPTION GRANT AND AGREEMENT 
 THIS STOCK OPTION GRANT AND AGREEMENT
(“Agreement”), being made according to and subject to the terms and conditions of the MIDCAROLINA FINANCIAL CORPORATION OMNIBUS STOCK OWNERSHIP AND LONG TERM INCENTIVE PLAN (“Plan”), a copy of which is attached hereto as Annex A
and is hereby incorporated by reference and made a part of this Agreement, is herein executed and effective the      day of
                    , 2005, between MidCarolina Financial Corporation (the “Company”) and
                                        
         (“Optionee”): 
  

	 	1.	Grant. As of the above date, the Company hereby grants to the Optionee (applicable provisions are marked): 

  ̈an Incentive Stock Option [as that term is
defined in Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”)] to purchase              shares of Common Stock of the Company at the price
stated in this Agreement; 
  ̈ a
Nonqualified Stock Option to purchase              shares of Common Stock of the Company at the price stated in this Agreement. 
 The Option(s) granted under this section and as described in this Agreement is (are) in all respects subject to and conditioned by the terms, definitions,
and provisions of this Agreement and of the Plan. Capitalized terms in this Agreement which are not otherwise defined but which are defined in the Plan shall have the same meaning given to those terms in the Plan. 
 The Optionee has been granted Options under the Plan as a result of the Optionee’s position as a  ̈ director  ̈ employee of the Company, the Bank of North Carolina
(“Bank”) or a subsidiary of either the Bank or the Company (“Subsidiaries”). 
  

	 	2.	Price. The Option price is $             for each share. 

  

	 	3.	Exercise of Option. The Option(s) granted under this Agreement shall be exercisable pursuant to the terms and conditions of the Plan and as set forth below:

 (a) Right to Exercise: In addition to the terms and conditions imposed on the Optionee’s right to exercise
his/her Options imposed in the Plan, the following terms and conditions are applicable: 
 _______________________________________________________________________________________________________ 
 _______________________________________________________________________________________________________ 
 (b)  ̈ (Marked if applicable) Annual Installments: Subject to the terms and conditions of the Plan, the Incentive Stock Options may be exercised in annual
installments as follows: 
              shares beginning on
                    , 200   
              shares beginning on
                    , 200   
              shares beginning on
                    , 200   
              shares beginning on
                    , 200   

 Subject to the terms and conditions of the Plan, the Nonqualified Options can be exercised in annual
installments as follows: 
              shares beginning on
                    , 200   
              shares beginning on
                    , 200   
              shares beginning on
                    , 200   
              shares beginning on
                    , 200   
 The right to exercise the Option(s) in annual installments shall be cumulative. In addition, the option(s) shall be exercisable upon disability, death, retirement and a change in control as set forth in the Plan.

 (c)  ̈ (Marked if applicable)
Immediate Vesting: Subject to the terms and conditions of the Plan, all of the Options are vested, nonforfeitable and exercisable. 
 (d) Method of Exercise: The Options granted under this Agreement shall be exercisable by a written notice to the Secretary of the Company which shall: 
 (1) State the election to exercise the Option or the election to surrender an exercisable Option and exercise the number of shares in respect of which the Option is being exercised, the person in whose name any stock
certificate or certificates for such shares of Common Stock is to be registered or to whom any cash is to be paid, his or her address, and social security number; 
 (2) Contain any such representation and agreements as to Optionee’s investment intent with respect to shares of Common Stock as may be required by the Committee; 
 (3) Be signed by the person entitled to exercise the Option and, if the Option is being exercised by any person or persons other than the Optionee, be
accompanied by proof, satisfactory to the Company, of the right of such person or persons to exercise the Option in accordance with the Plan; and 
 (4) Be accompanied by payment of the purchase price of any shares with respect to which the Option is being exercised which payment shall be in form acceptable to the Committee pursuant to Section 3.4 of the Plan. 
 (e) Representations and Warranties: In order to exercise an Option, the person exercising the Option must make the representations and warranties
to the Company as may be required by any applicable law or regulation, or as may otherwise be required pursuant to the Plan. 
 (f)
Approvals: In order for an Option to be exercised, all filings and approvals required by applicable law and regulations or pursuant to the Plan must have been made and obtained. 
  

	 	4.	Non-transferability. No Option may be transferred in any manner otherwise than by will or the laws of descent and distribution and such Option may be exercised during
the life of the Optionee only by him or her. 

  

	 	5.	Investment Purpose. This Option may not be exercised if the issuance of shares or payment of cash upon such exercise would constitute a violation of any applicable
federal or state securities law or other law or valid regulation. 

	 	6.	Expiration. This Option shall expire on                     
[date 10 years from grant date or in case of grant to 10% Shareholder 5 years from grant date]. 

  

	 	7.	Escrow. All stock purchased pursuant to an Incentive Stock Option shall be held in escrow for a period which ends on the later of (i) two (2) years from the
date of the granting of the option or (ii) one (1) year after the transfer of the stock pursuant to the exercise of the Option. The stock shall be held by the Company or its designee. The Optionee who has exercised the Option shall have
all rights of a stockholder, including, but not limited to, the rights to vote, receive dividends and sell the stock. The sole purpose of the escrow is to inform the Company of a disqualifying disposition of the stock within the meaning of
Section 422 of the Code, and it shall be administered solely for this purpose. 

  

	 	8.	Tax Withholding. All stock, cash and other assets distributed pursuant to this Agreement shall be subject to applicable federal, state and local withholding for taxes.
The Optionee expressly acknowledges and agrees to such withholding. The Optionee acknowledges and agrees to the tax withholding provisions which are set forth in the Plan. 

  

	 	9.	Resolution of Disputes. Any dispute or disagreement which should arise under, or as a result of, or in any way relate to, the interpretation, construction, or
application of this Agreement or the Plan will be determined by the Committee designated in Article II of the Plan. Any determination made by such Committee shall be final, binding, and conclusive for all purposes. 

  

	 	10.	Construction Controlled by Plan. The Options evidenced hereby shall be subject to all of the requirements, conditions and provisions of the Plan. This Agreement shall
be construed so as to be consistent with the Plan; and the provisions of the Plan shall be deemed to be controlling in the event that any provision should appear to be inconsistent therewith. 

  

	 	11.	Severability. Whenever possible, each provision of this Agreement shall be interpreted in such a manner as to be valid and enforceable under applicable law, but if any
provision of this Agreement is determined to be unenforceable, invalid or illegal, the validity of any other provision or part thereof shall not be affected thereby and this Agreement shall continue to be binding on the parties hereto as if such
unenforceable, invalid or illegal provision or part thereof had not been included herein. 

  

	 	12.	Modification of Agreement; Waiver. This Agreement may be modified, amended, suspended or terminated, and any terms, representations or conditions may be waived, but
only by a written instrument signed by each of the parties hereto and only subject to the limitations set forth in the Plan. No waiver hereunder shall constitute a waiver with respect to any subsequent occurrence or other transaction hereunder or of
any other provision. 

  

	 	13.	Captions and Headings; Gender and Number. Captions and paragraph headings used herein are for convenience only, do not modify or affect the meaning of any provision
herein, are not a part, and shall not serve as a basis for interpretation or construction, of this Agreement. As used herein, the masculine gender shall include the feminine and neuter, and the singular number shall include the plural, and vice
versa, whenever such meanings are appropriate. 

	 	14.	Governing Law; Venue and Jurisdiction. Without regard to the principles of conflicts of laws, the laws of the State of North Carolina shall govern and control the
validity, interpretation, performance, and enforcement of this Agreement. 

  

	 	15.	Binding Effect. This Agreement shall be binding upon and shall inure to the benefit of the Company, and its successors and assigns, and shall be binding upon and inure
to the benefit of the Optionee, and his or her heirs, legatees, personal representative, executor, administrator and permitted assigns. 

  

	 	16.	Entire Agreement. This Agreement and the Plan constitute and embody the entire understanding and agreement of the parties hereto and, except as otherwise provided
hereunder, there are no other agreements or understandings, written or oral, in effect between the parties hereto relating to the matters addressed herein. 

  

	 	17.	Counterparts. This Agreement may be executed in any number of counterparts, each of which when executed and delivered shall be deemed an original, but all of which
taken together shall constitute one and the same instrument. 

 IN WITNESS WHEREOF, the parties have set their hands and seals
the day and year first above written. 
  

					
		 	 MIDCAROLINA FINANCIAL CORPORATION

			
	 ATTEST:
	 		 	
			
	  
	 	By:	 	  

	(Corporate Seal)	 		 	                         _______________________________________,
President
		 		 	 [Or if the grant is to R. Cary, then Chairman
 of Board should sign for MidCarolina]

		
		 	 OPTIONEE:

		
		 	 _______________________________________________(SEAL)

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