Document:

Mayor's Jewelers, Inc., 1991 Amended Stock Option Plan

 Exhibit 4.1 
  
 [AS AMENDED THROUGH 10/98] 
  
 MAYOR’S JEWELERS, INC. (F/K/A JAN BELL MARKETING, INC.) 
 1991 AMENDED STOCK OPTION PLAN 
  
 1. Purpose. The purposes of the Mayor’s Jewelers, Inc. (f/k/a Jan Bell Marketing, Inc.) 1991 Stock Option Plan (“Plan”) are to attract and retain the best available employees and directors of
Mayor’s Jewelers, Inc. or any parent or subsidiary or affiliate of Mayor’s Jewelers, Inc. which now exists or hereafter is organized or acquired by or aquires Mayor’s Jewelers, Inc. f/k/a Jan Bell Marketing, Inc. (collectively or
individually as the context requires the “Company”) as well as appropriate third parties who can provide valuable services to the Company, to provide additional incentive to such persons and to promote the success of the business of the
Company. This Plan is intended to comply with Rule 16b-3 under Section 16 of the Securities Exchange Act of 1934, as amended or any successor rule (“Rule 16b-3”), and the Plan shall be construed, interpreted and administered to so
comply. 
  
 2. Incentive and Nonqualified Stock Options.
Two types of options (referred to herein as “options,” without distinction between such two types) may be granted under the Plan: options intended to qualify as incentive stock options (“incentive stock options”) under
Section 422 of the United States Internal Revenue Code of 1986, as amended, or any successor provision (“Code”); and other options intended not to qualify for favorable income tax treatment under Section 421 through 424 of the
Code (“nonqualified stock options”). 
  
 3.
Eligibility and Administration. 
  
 (a)
Eligibility. The following individuals shall be eligible to receive grants pursuant to the Plan as follows: 
  
 (i) Any employee (including any officer or director who is an employee) of the Company or any ISO Group member shall be eligible to
receive either incentive stock options or nonqualified stock options under the Plan. An employee may receive more than one option under the Plan. 
  
 (ii) Any director who is not an employee of the Company or any Affiliated Group member shall be eligible to receive options only as set
forth in Section 8. 
  
 (iii) Any other
individual whose participation the committee determines is in the best interests of the Company shall be eligible to receive nonqualified stock options. 
  
 (b) Administration. The Plan shall be administered by a committee or committees appointed by the Board of Directors of the Company (the
“Board”). All administrative powers may be delegated by such committee to the extent permitted by applicable law. The Company shall indemnify and hold harmless each director and committee member for any action or determination made in good
faith with respect to the Plan or any option. Determinations by the committee shall be final and conclusive upon all persons. 

 4. Shares Subject to Options. 
  
 (a) Amount of Common Stock Reserved. The stock available for grant of options under the Plan shall be shares of the
Company’s authorized but unissued or reacquired voting common stock. The aggregate number of share that may be issued pursuant to exercise of options granted under the Plan shall be 3,000,000 shares. Additionally, each year the aggregate number
of shares of stock that may be issued pursuant to exercise of nonqualified stock options (but not incentive stock options) under the Plan shall automatically increase annually January 1 by the number of shares equal to 3% of the outstanding
common shares on such date and shall not thereafter decrease except by specific action of the Board; provided, however, that the aggregate number of shares available for issuance pursuant to the Plan, minus the number of shares that are subject to
outstanding options and the number of shares that have been purchased upon exercise of options, shall not exceed on any January 1 over 10% of the outstanding common shares. If any outstanding option grant under the Plan for any reason expires
or is terminated, the shares of common stock allocable to the unexercised portion of the option grant shall again be available for options under the Plan as if no options had been granted with respect to such shares. 
  
 (b) Annual Limitations. During any calendar year, no individual may be
granted an option under the Plan that may be settled by delivery of more than 2,000,000 shares of common stock, subject to adjustment as provided in Paragraph 5(k). 
  
 5. Terms and Condition of Option. Option grants under the Plan shall be evidenced by agreements in such form
and containing such provisions which are consistent with the Plan as the committee shall from time to time approve. Each agreement shall specify whether the option(s) granted thereby are incentive stock options or nonqualified stock options. Such
agreements may incorporate all or any of the terms hereof by reference and shall comply with and be subject to the following terms and conditions: 
  
 (a) Shares Granted. Each option grant agreement shall specify the number of incentive stock options and/or nonqualified stock options being
granted; one option shall be deemed granted for each share of stock. In addition, each option grant agreement shall specify the exercisability and/or vesting schedule of such options, if any. 
  
 (b) Purchase Price. The purchase price for a share subject to
(i) a nonqualified option may be any amount above the par value of such share determined in good faith by the committee, and (ii) unless otherwise permitted at a lower price by the Code, an incentive option shall not be less than 100% of
the fair market value of the share on the date the option is granted, provided however, the option price on an incentive stock option shall not be less than 110% of the fair market value of such share on the date the option is granted to an
individual then owning (after the application of the family and other attribution rules of Section 424(d) or any successor rule of the Code) more than 10% of the total combined voting power of all classes 
  

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 of stock of the Company or any ISO Group member. For purposes of the Plan, “fair market value” at any date
shall be (i) the reported closing price of such stock on the New York Stock Exchange or other established stock exchange or National Market System on such date, or if no sale of such stock shall have been made on such exchange on that date, on
the preceding date on which there was such a sale, (ii) if such stock is not then listed on an exchange, the average of the closing bid and asked prices per share for such stock in the over-the-counter market as quoted on NASDAQ on such date,
or (iii) if such stock is not then listed on an exchange or quoted on NASDAQ, an amount determined in good faith by the committee. 
  
 (c) Termination. Unless otherwise provided herein or in a specific option grant agreement which may provide for longer or shorter periods of
exercisability, no option shall be execisable after the expiration of the earliest of 
  
 (i) in the case of any incentive stock option: 
  
 (1) ten years from the date the option is granted, or five years from the date the option is granted to any individual owning (after the
application of the family and other attribution rules of Section 424(d) of the Code) at the time such option was granted, more than 10% of the total combined voting power of all classes of stock of the Company or any ISO Group member,

  
 (2) three months after the date the optionee
ceases to perform services for the Company or any ISO Group member, if such cessation is for any reason other than death, disability (within the meaning of Code Section 22 (e) (3) ), or cause, 
  
 (3) one year after the date the optionee ceases to perform
services for the Company or any ISO Group member, if such cessation is by reason of disability (within the meaning of Code Section 22 (e) (3) ), 
  
 (4) three years after the date the optionee ceases to perform services for the Company or any ISO Group member, if such cessation is by
reason of death, or 
  
 (5) the date the
optionee ceases to perform services for the Company or any ISO Group member, if such cessation is for cause, as determined by the committee in its sole discretion; 
  
 (ii) in the case of a nonqualified stock option: 
  
 (1) twenty years from the date the option is granted, 
  
 (2) two years after the date the optionee ceases to perform
services for the Company or any Affiliated Group member, if such cessation is for any reason other than death, permanent disability, retirement or cause, 
  

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 (3) three years after the date the optionee ceases to perform services for the Company
or any Affiliated Group member, if such cessation is by reason of death, permanent disability or retirement, or 
  
 (4) the date the optionee ceases to perform services for the Company or any Affiliated Group member, if such cessation is for cause, as
determined by the committee in its sole discretion; 
  
 provided, that an option
shall only be exercisable for the periods described above following the date an optionee ceases to perform services to the extent the option was exercisable on the date of such cessation. 
  
 (d) Method of Payment. The purchase price for any share purchased pursuant to the exercise of an option granted under
the Plan shall be paid in full upon exercise of the option by any of the following methods, to the extent permitted under the particular grant agreement: (i) by cash, (ii) by check, or (iii) by transferring to the Company shares of
stock of the Company at their fair market value as of the date of exercise of the option as determined in accordance with paragraph 5(b). Notwithstanding the foregoing, the Company may arrange for or cooperate in permitting cashless exercise
procedures and may extend and maintain, or arrange for the extension and maintenance of, credit to an optionee to finance the optionee’s purchase of shares pursuant to the exercise of options, on such terms as may be approved by the committee,
subject to applicable regulations of the Federal Reserve Board and any other applicable laws or regulations in effect at the time such credit is extended. 
  
 (e) Exercise. No option shall be exercisable during the lifetime of an optionee by any person other than the optionee, his or her guardian or legal
representative. The committee shall have the power to set the time or times within which each option shall be excercisable and to accelerate the time or times of exercise. To the extent that an optionee has the right to exercise one or more options
and purchase shares pursuant thereto, the option(s) may be exercised from time to time by written notice to the Company stating the number of shares being purchased and accompanied by payment in full of the purchase price for such shares. Any
certificate for shares of outstanding stock used to pay the purchase price shall be accompanied by a stock power duly endorsed in blank by the registered owner of the certificate (with the signature thereon guaranteed). In the event the certificate
tendered by the optionee in such payment covers more shares than are required for such payment, the certificate shall also be accompanied by instructions from the optionee to the Company’s transfer agent with respect to the disposition of the
balance of the shares covered thereby. 
  
 (f)
Nontransferability. Unless permitted pursuant to the terms of an option grant agreement, no option shall be transferable by an optionee otherwise than by will or the laws of descent and distribution. 
  

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 (g) ISO $100,000 Limit. If required by applicable tax rules regarding a particular grant, to the
extent that the aggregate fair market value (determined as of the date an incentive stock option is granted) of the shares with respect to which an incentive stock option grant under this Plan (when aggregated, if appropriate, with shares subject to
other incentive stock option grants made before said grant under this Plan or any other plan maintained by the Company or any ISO Group member) is exercisable for the first time by an optionee during any calendar year exceeds $100,000 (or such other
limit as is prescribed by the Code), such option grant shall be treated as a grant of nonqualified stock options pursuant to Code Section 422 (d). 
  
 (h) Investment Representation. Unless the shares of stock covered by the Plan have been registered with the Securities and Exchange Commission
pursuant to Section 5 of the Securities Act of 1933, as amended, each optionee by accepting an option grant represents and agrees, for himself or herself and his or her transferees, that all shares of stock purchased upon the exercise of the
option grant will be acquired for investment and not for resale or distribution. Upon such exercise of any portion of an option grant, the person entitled to exercise the same shall upon request of the Company furnish evidence satisfactory to the
Company (including a written and signed representation) to the effect that the shares of stock are being acquired in good faith for investment and not for resale or distribution. Furthermore, the Company may if it deems appropriate affix a legend to
certificates representing shares of stock purchased upon exercise of options indicating that such shares have not been registered with the Securities and Exchange Commission and may so notify its transfer agent. 
  
 (i) Rights of Optionee. An optionee or transferee holding an option
grant shall have no rights as a shareholder of the Company with respect to any shares covered by any option grant until the date one or more of the options granted thereunder have been properly exercised and the purchase price for such share has
been paid in full. No adjustment shall be made for dividends (ordinary or extraordinary, whether cash, securities or other property) or distributions or other rights for which the record date is prior to the date such share certificate is issued,
except as provided for in paragraph 5 (k). Nothing in the Plan or in any option grant agreement shall confer upon any optionee any right to continue performing services for the Company or any Affiliated Group member to terminate the optionee’s
services at any time. 
  
 (j) Fractional Shares. The
Company shall not be required to issue fractional shares upon the exercise of an option. The value of any fractional share subject to an option grant shall be paid in cash in connection with the excercise that results in all full shares subject to
the grant having been exercised. 
  
 (k) Reorganizations, Etc.
If the outstanding shares of stock of the class then subject to this Plan are increased or decreased, or are changed into or exchanged for a different number or kind of shares or securities, as a result of one or more reorganizations,
recapitalization, stock splits, reverse stock splits, stock dividends, spin-off, spin-out or other distribution of assets to shareholders, or assumption and conversion of outstanding grants due to an acquisition and the like, appropriate adjustments
shall be made in the number and/or type of shares or securities for which options may thereafter be granted under this Plan and for which options then outstanding under this Plan may thereafter be exercised. Any such adjustments in 
  

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 outstanding options shall be made without changing the aggregate exercise price applicable tot he unexercised portions of
such options. Notwithstanding the foregoing but subject to Section 9, a merger or similar reorganization that the Company does not survive, a sale of all or substantially all of the assets of the Company, or the dissolution or liquidation of
the Company shall cause every option outstanding hereunder to terminate, to the extent not then exercised, except to the extent that any surviving entity agrees to assume the Plan and/or the obligations under any such option. 
  
 (l) Option Modification. Subject to the terms and conditions and
within the limitations of the Plan, the committee may modify, extend or renew outstanding options granted under the Plan, accept the surrender of outstanding options (to the extent not theretofore exercised), reduce the exercise price of outstanding
options, and authorize the granting of new options in substitution therefore (to the extent not theretofore exercised). Notwithstanding the foregoing, no modification of an option (either directly or through modification of the Plan) shall, without
the consent of the optionee, alter or impair any rights of the optionee under the option. 
  
 (m) Grants to Foreign Optionees. The committee, in order to fulfill the Plan purposes and without amending the Plan, may modify grants to participants who are foreign nationals or performing services for the
Company or an Affiliated Group member outside the United States to recognize differences in local law, tax policy or custom. 
  
 (n) Other Terms. Each option grant agreement may contain such other terms, provisions and conditions not inconsistent with the Plan as may be
determined by the committee, such as without limitation discretionary performance standards, tax withholding provisions, or other forfeiture provisions regarding competition and confidential information. 
  
 6. Termination or Amendment of the Plan. The Board may at any
time terminate or amend the Plan; provided, that shareholder approval shall be obtained of any action for which shareholder approval is required in order to comply with applicable laws, regulatory or listing requirements within such time periods
prescribed. 
  
 7. Shareholder Approval and Term
of the Plan. The Plan shall be effective as of April 24, 1991, the date it was adopted by the Board, subject to ratification by the shareholders of the Company within (each of) the time period(s) prescribed under Rule l6b-3, the Code, and
any other applicable laws or regulatory requirements, and shall continue thereafter until terminated by the Board. Unless sooner terminated by the Board, in its sole discretion, the Plan will expire on April 23, 2001 solely with respect to the
granting of incentive stock options or such later date as may be permitted by the Code for incentive stock options. 
  
 8. Automatic Grants to Certain Directors. At the time each person who is not an employee of the Company or any Affiliated Group member
becomes a director, such person shall be automatically granted a total of 20,000 non-qualified stock options, including existing nonemployee directors on August 11, 1995. Thereafter, on each subsequent January 1, each nonemployee director
shall be automatically granted 10,000 non-qualified stock options. The 
  

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 exercise price shall equal the fair market value on each such date and such options shall be exercisable in full for the
period beginning six months after the date of grant and ending two years after the optionee ceases to be a director; provided, however, such options shall terminate immediately on the date that a director ceases to be a director for cause.

  
 9. Acceleration of Exercisability and Vesting Under Certain
Circumstances. Notwithstanding any provision in the Plan to the contrary, with regard to any option granted to any executive officer or director of the Company unless the particular letter of grant provides otherwise, the option will become
immediately exercisable and vested in full upon the occurrence, before the expiration or termination of such option, of any of the events listed below: 
  
 (a) delivery of written notice to the stockholders of the Company announcing a stockholders’ meeting at which the stockholders will consider a
proposed merger, proposed sale of substantially all the assets, or similar proposed reorganization of the Company; or 
  
 (b) the acquisition of beneficial ownership (as such term is defined in Rule 13d-3 as promulgated under the Securities Exchange Act of 1934), other than
the Company, directly or indirectly, of securities representing 25% or more of the total number of votes that may be cast for the election of directors of the Company; or 
  
 (c) commencement (within the meaning of Rule 14d-2 as promulgated under the Securities Exchange Act of 1934) of a
“tender offer” for stock of the Company subject to Section 14(d) (2) of the Securities Exchange Act of 1934; or 
  
 (d) failure, at any annual or special meeting of the Company’s shareholders following an “election contest” subject to Rule 14a-11 (as
promulgated under the Securities Exchange Act of 1934), of any of the persons nominated by the Company in the proxy material mailed to shareholders by the management of the Company to win election to seats on the Board, excluding only those who die,
retire voluntarily, are disabled or are otherwise disqualified in the interim between their nomination and the date of the meeting. 
  
 10. Definitions. 
  
 (a) “Affiliate” means any corporation, partnership, joint venture or other entity, domestic or foreign, in which the Company, either directly or
through another affiliate or affiliates, has a 50% or more ownership interest. 
  
 (b) “Affiliate Group” means the group consisting of the Company and any entity that is an “affiliate,” a “patent” or a “subsidiary” of the Company. 
  
 (c) “ISO Group” means the group consisting of the Company and any
corporation entity that is a “parent” or a “subsidiary” of the Company. 
  
 (d) “Subsidiary” means a corporation that is a “subsidiary” of the Company within the meaning of Code Section 424(f). 
  

 - 7 -Mayor's Jeweler's, Inc., 2004 Long-Term Incentive Plan

 Exhibit 4.2 
  
 MAYOR’S JEWELERS, INC. 
 2004 LONG-TERM INCENTIVE PLAN 
  
 1. Purposes of the Plan. The purposes of this Long-Term Incentive Plan are to attract and retain the best available personnel for positions of substantial responsibility, to provide additional incentive to Employees and Consultants,
and to promote the success of the Company’s business. Awards granted under the Plan may be Incentive Stock Options, Nonstatutory Stock Options, Restricted Stock Awards, Performance Units, Performance Shares or Stock Appreciation Rights.

  
 2. Definitions. As used herein, the following
definitions shall apply: 
  
 (a) “Administrator”
means the Board or any Committee or person as shall be administering the Plan, in accordance with Section 4 of the Plan. 
  
 (b) “Applicable Law” means the legal requirements relating to the administration of the Plan under applicable federal, state, local and
foreign corporate, tax and securities laws, and the rules and requirements of any stock exchange or quotation system on which the Common Stock is listed or quoted. 
  
 (c) “Award” means an Option, Stock Appreciation Right, Restricted Stock Award, Performance Unit or
Performance Share granted under the Plan. 
  
 (d) “Award
Agreement” means a written agreement by which an Award is evidenced. 
  
 (e) “Board” means the Board of Directors of the Company. 
  
 (f) “Change in Control” means the happening of any of the following: 
  
 (i) When any “person,” as such term is used in Sections 13(d) and 14(d) of the Exchange Act (other than the
Company, a Subsidiary or a Company employee benefit plan, including any trustee of such plan acting as trustee, or any person or affiliate of such person who beneficially owns on the date of adoption of this Plan securities of the Company
representing 50 percent or more of the combined voting power of the Company) is or becomes the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing 50
percent or more of the combined voting power of the Company’s then outstanding securities; or 
  
 (ii) The occurrence of a transaction requiring shareholder approval, and involving the sale of all or substantially all of the assets of the Company or
the merger of the Company with or into another corporation; provided, however, than any such transaction involving any person or affiliate of such person who beneficially owns on the date of adoption of this Plan securities of the Company
representing 50 percent or more of the combined voting power of the Company shall not constitute a Change in Control. 

 (g) “Change in Control Price” means, as determined by the Board, 
  
 (i) the highest Fair Market Value of a Share within the 60-day period
immediately preceding the date of determination of the Change in Control Price by the Board (the “60-Day Period”), or 
  
 (ii) the highest price paid or offered per Share, as determined by the Board, in any bona fide transaction or bona fide offer related to the Change in
Control of the Company, at any time within the 60-Day Period, or 
  
 (iii) some lower price as the Board, in its discretion, determines to be a reasonable estimate of the fair market value of a Share. 
  
 (h) “Code” means the Internal Revenue Code of 1986, as amended. 
  
 (i) “Committee” means a Committee appointed by the Board in accordance with Section 4 of the Plan.

  
 (j) “Common Stock” means the Common Stock,
$.0001 par value, of the Company. 
  
 (k)
“Company” means Mayor’s Jewelers, Inc., a Delaware corporation. 
  
 (1) “Consultant” means any person, including an advisor, engaged by the Company or a Parent or Subsidiary or an affiliate of the Company to render services to the Company and who is compensated for
such services, including without limitation non-Employee Directors who are paid only a director’s fee by the Company or who are compensated by the Company for their services as non-Employee Directors, and including, for so long as Henry
Birks & Sons Inc. owns greater than 20 percent of the voting shares of the Company, employees of Henry Birks & Sons Inc. who provide services to the Company, the costs of which are included within the scope of that certain
Management Expense Reimbursement Agreement, dated August 20, 2002, between the Company and Henry Birks & Sons Inc. In addition, as used herein, “consulting relationship” shall be deemed to include service by a non-Employee
Director as such. 
  
 (m) “Continuous Status as an
Employee or Consultant” means that the employment or consulting relationship is not interrupted or terminated by the Company, any Parent or Subsidiary. Continuous Status as an Employee or Consultant shall not be considered interrupted in
the case of (i) any leave of absence approved in writing by the Board, an Officer, or a person designated in writing by the Board or an Officer as authorized to approve a leave of absence, including sick leave, military leave, or any other
personal leave; provided, however, that for purposes of Incentive Stock Options, any such leave may not exceed 90 days, unless reemployment upon the expiration of such leave is guaranteed by contract (including certain Company policies) or statute,
or (ii) transfers between locations of the Company or between the Company, a Parent, a Subsidiary or successor of the Company; or (iii) a change in the status of the Grantee from Employee to Consultant or from Consultant to Employee.

  

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 (n) “Covered Stock” means the Common Stock subject to an Award. 
  
 (o) “Date of Grant” means the date on which the
Administrator makes the determination granting the Award, or such other later date as is determined by the Administrator. Notice of the determination shall be provided to each Grantee within a reasonable time after the Date of Grant. 
  
 (p) “Date of Termination” means the date on which a
Grantee’s Continuous Status as an Employee or Consultant terminates. 
  
 (q) “Director” means a member of the Board. 
  
 (r) “Disability” means total and permanent disability as defined in Section 22(e)(3)of the Code. 
  
 (s) “Employee” means any person, including Officers and Directors, employed by the Company or any Parent or Subsidiary of the Company.
Neither service as a Director nor payment of a director’s fee by the Company shall be sufficient to constitute “employment” by the Company. 
  
 (t) “Exchange Act” means the Securities Exchange Act of 1934, as amended. 
  
 (u) “Fair Market Value” means, as of any date, the value of Common Stock determined as follows: 

 
 (i) If the Common Stock is listed on any established stock exchange or a
national market system, including without limitation the National Market System of the National Association of Securities Dealers, Inc. Automated Quotation (“NASDAQ”) System, the Fair Market Value of a Share of Common Stock shall be the
closing sales price for such stock (or the closing bid, if no sales were reported) as quoted on such system or exchange (or the exchange with the greatest volume of trading in Common Stock) on the last market trading day prior to the day of
determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable; 
  
 (ii) If the Common Stock is quoted on the NASDAQ System (but not on the National Market System thereof) or is regularly quoted by a recognized securities
dealer but selling prices are not reported, the Fair Market Value of a Share of Common Stock shall be the mean between the high bid and low asked prices for the Common Stock on the last market trading day prior to the day of determination, as
reported in The Wall Street Journal or such other source as the Administrator deems reliable; 
  
 (iii) In the absence of an established market for the Common Stock, the Fair Market Value shall be determined in good faith by the Administrator. 
  
 (v) “Grantee” means an individual who has been granted an Award. 
  

 3 

 (w) “Incentive Stock Option” means an Option intended to qualify as an incentive stock
option within the meaning of Section 422 of the Code and the regulations promulgated thereunder. 
  
 (x) “Mature Shares” means Shares for which the holder thereof has good title, free and clear of all liens and encumbrances, and that such
holder either (i) has held for at least six months or (ii) has purchased on the open market. 
  
 (y) “Nonstatutory Stock Option” means an Option not intended to qualify as an Incentive Stock Option. 
  
 (z) “Officer” means a person who is an officer of the
Company within the meaning of Section 16 of the Exchange Act and the rules and regulations promulgated thereunder. 
  
 (aa) “Option” means a stock option granted under the Plan. 
  
 (bb) “Parent” means a corporation, whether now or hereafter existing, in an unbroken chain of corporations
ending with the Company if each of the corporations other than the Company holds at least 50 percent of the voting shares of one of the other corporations in such chain. 
  
 (cc) “Performance Period” means the time period during which the performance goals established by the
Administrator with respect to a Performance Unit or Performance Share, pursuant to Section 9 of the Plan, must be met. 
  
 (dd) “Performance Share” has the meaning set forth in Section 9 of the Plan. 
  
 (ee) “Performance Unit” has the meaning set forth in
Section 9 of the Plan. 
  
 (ff) “Plan” means
this 2004 Long-Term Incentive Plan. 
  
 (gg) “Restricted
Stock Award” means Shares that are awarded to a Grantee pursuant to Section 8 of the Plan. 
  
 (hh) “Rule 16b-3” means Rule 16b-3 promulgated under the Exchange Act or any successor to Rule 16b-3, as in effect when discretion is
being exercised with respect to the Plan. 
  
 (ii)
“Share” means a share of the Common Stock, as adjusted in accordance with Section 11 of the Plan. 
  
 (jj) “Stock Appreciation Right” or “SAR” has the meaning set forth in Section 7 of the Plan. 
  
 (kk) “Subsidiary” means a corporation, domestic or foreign,
of which not less than 50 percent of the voting shares are held by the Company or a Subsidiary, whether or not such corporation now exists or is hereafter organized or acquired by the Company or a Subsidiary. 
  

 4 

 3. Stock Subject to the Plan. Subject to the provisions of Section 11 of the Plan and except
as otherwise provided in this Section 3, the maximum aggregate number of Shares that may be subject to Awards is 10,000,000 Shares. The grant of a SAR shall not reduce the number of Shares that may be subject to Awards; however, the number of
Shares issued by the Company upon the exercise of a SAR shall reduce the number of Shares that may be subject to Awards. The Shares may be authorized, but unissued, or reacquired Common Stock. 
  
 If an Award expires or becomes unexercisable without having been exercised in
full the remaining Shares that were subject to the Award shall become available for future Awards under the Plan (unless the Plan has terminated). If any Shares (whether subject to or received pursuant to an Award granted hereunder, purchased on the
open market, or otherwise obtained, and including Shares that are deemed (by attestation or otherwise) to have been delivered to the Company as payment for all or any portion of the exercise price of an Award) are withheld or applied as payment by
the Company in connection with the exercise of an Award or the withholding of taxes related thereto, such Shares, to the extent of any such withholding or payment, shall again be available or shall increase the number of Shares available, as
applicable, for future Awards under the Plan. The Board may from time to time determine the appropriate methodology for calculating the number of Shares issued pursuant to the Plan. 
  
 4. Administration of the Plan. 
  
 (a) Procedure. 
  
 (i) Multiple Administrative Bodies. The Plan may be administered by different bodies with respect to different groups of Employees and
Consultants. Except as provided below, the Plan shall be administered by (A) the Board or (B) a committee designated by the Board and constituted to satisfy Applicable Law. 
  
 (ii) Rule 16b-3. To the extent the Board considers it desirable for transactions relating to Awards to be eligible
to qualify for an exemption under Rule 16b-3, the transactions contemplated under the Plan shall be structured to satisfy the requirements for exemption under Rule 16b-3. 
  
 (iii) Section 162(m) of the Code. To the extent the Board considers it desirable for compensation delivered pursuant
to Awards to be eligible to qualify for an exemption from the limit on tax deductibility of compensation under Section 162(m) of the Code, the transactions contemplated under the Plan shall be structured to satisfy the requirements for
exemption under Section 162(m) of the Code. 
  
 (iv)
Authorization of Officers to Grant Options. In accordance with Applicable Law, the Board may, by a resolution adopted by the Board, authorize one or more Officers to designate Officers and Employees (excluding the Officer so authorized) to be
Grantees of Options and determine the number of Options to be granted to such Officers and Employees; provided, however, that the resolution adopted by the Board so authorizing such Officer or Officers shall specify the total number and the terms
(including the exercise price, which may include a formula by which such price may be determined) of Options such Officer or Officers may so grant. 
  

 5 

 (b) Powers of the Administrator. Subject to the provisions of the Plan, and in the case of a
Committee or an Officer, subject to the specific duties delegated by the Board to such Committee or Committee, the Administrator shall have the authority, in its sole and absolute discretion: 
  
 (i) to determine the Fair Market Value of the Common Stock, in accordance
with Section 2(u) of the Plan; 
  
 (ii) to select the
Consultants and Employees to whom Awards will be granted under the Plan; 
  
 (iii) to determine whether, when, to what extent and in what types and amounts Awards are granted under the Plan, except as otherwise provided in Section 6(a)(iii) of the Plan with respect to non-Employee
Directors; 
  
 (iv) to determine the number of shares of Common
Stock to be covered by each Award granted under the Plan, except as otherwise provided in Section 6(a)(iii) of the Plan with respect to non-Employee Directors; 
  
 (v) to determine the forms of Award Agreements, which need not be the same for each grant or for each Grantee, for use
under the Plan; 
  
 (vi) to determine the terms and conditions,
not inconsistent with the terms of the Plan, of any Award granted under the Plan. Such terms and conditions, which need not be the same for each grant or for each Grantee, include, but are not limited to, the exercise price, the time or times when
Options and SARs may be exercised (which may be based on performance criteria), the extent to which vesting is suspended during a leave of absence, any vesting acceleration or waiver of forfeiture restrictions, and any restriction or limitation
regarding any Award or the shares of Common Stock relating thereto, based in each case on such factors as the Administrator shall determine; 
  
 (vii) to construe and interpret the terms of the Plan and Awards; 
  
 (viii) to prescribe, amend and rescind rules and regulations relating to the Plan, including, without limiting the
generality of the foregoing, rules and regulations relating to the operation and administration of the Plan to accommodate the specific requirements of local and foreign laws and procedures; 
  
 (ix) to modify or amend each Award (subject to Section 13 of the Plan);

  
 (x) to authorize any person to execute on behalf of the
Company any instrument required to effect the grant of an Award previously granted by the Administrator; 
  

 6 

 (xi) to determine the terms and restrictions applicable to Awards; 
  
 (xii) to make such adjustments or modifications to Awards granted to
Grantees who are Employees of foreign Subsidiaries as are advisable to fulfill the purposes of the Plan or to comply with Applicable Law; 
  
 (xiii) to delegate its duties and responsibilities under the Plan with respect to sub-plans applicable to foreign Subsidiaries, except its duties and
responsibilities with respect to Employees who are also Officers or Directors subject to Section 16(b) of the Exchange Act; and 
  
 (xiv) to make all other determinations deemed necessary or advisable for administering the Plan. 
  
 (c) Effect of Administrator’s Decision. The Administrator’s
decisions, determinations and interpretations shall be final and binding on all Grantees and any other holders of Awards. 
  
 5. Eligibility and General Conditions of Awards. 
  
 (a) Eligibility. Awards other than Incentive Stock Options may be granted to Employees and Consultants. Incentive Stock Options may be granted only
to Employees. If otherwise eligible, an Employee or Consultant who has been granted an Award may be granted additional Awards. 
  
 (b) Maximum Term. Subject to the following provision, the term during which an Award may be outstanding shall not extend more than ten years after
the Date of Grant, and shall be subject to earlier termination as specified elsewhere in the Plan or Award Agreement; provided, however, that any deferral of a cash payment or of the delivery of Shares that is permitted or required by the
Administrator pursuant to Section 10 of the Plan may, if so permitted or required by the Administrator, extend more than ten years after the Date of Grant of the Award to which the deferral relates. 
  
 (c) Award Agreement. To the extent not set forth in the Plan, the
terms and conditions of each Award, which need not be the same for each grant or for each Grantee, shall be set forth in an Award Agreement. 
  
 (d) Termination of Employment or Consulting Relationship. In the event that a Grantee’s Continuous Status as an Employee or Consultant
terminates (other than upon the Grantee’s death or Disability), then, unless otherwise provided by the Award Agreement, and subject to Section 11 of the Plan: 
  
 (i) the Grantee may exercise his or her unexercised Option or SAR, but only within such period of time as is determined by
the Administrator, and only to the extent that the Grantee was entitled to exercise it at the Date of Termination (but in no event later than the expiration of the term of such Option or SAR as set forth in the Award Agreement). In the case of an
Incentive Stock Option, the Administrator shall determine such period of time (in no event to 
  

 7 

 exceed three months from the Date of Termination) when the Option is granted. If, at the Date of Termination, the Grantee
is not entitled to exercise his or her entire Option or SAR, the Shares covered by the unexercisable portion of the Option or SAR shall revert to the Plan. If, after the Date of Termination, the Grantee does not exercise his or her Option or SAR
within the time specified by the Administrator, the Option or SAR shall terminate, and the Shares covered by such Option or SAR shall revert to the Plan; 
  
 (ii) the Grantee’s Restricted Stock Awards, to the extent forfeitable immediately before the Date of Termination, shall thereupon automatically be
forfeited; 
  
 (iii) the Grantee’s Restricted Stock Awards
that were not forfeitable immediately before the Date of Termination shall promptly be settled by delivery to the Grantee of a number of unrestricted Shares equal to the aggregate number of the Grantee’s vested Restricted Stock Awards;

  
 (iv) any Performance Shares or Performance Units with respect
to which the Performance Period has not ended as of the Date of Termination shall terminate immediately upon the Date of Termination. 
  
 (e) Disability of Grantee. In the event that a Grantee’s Continuous Status as an Employee or Consultant terminates as a result of the
Grantee’s Disability, then, unless otherwise provided by the Award Agreement: 
  
 (i) the Grantee may exercise his or her unexercised Option or SAR at any time within 12 months from the Date of Termination, but only to the extent that the Grantee was entitled to exercise the Option or SAR at the
Date of Termination (but in no event later than the expiration of the term of the Option or SAR as set forth in the Award Agreement). If, at the Date of Termination, the Grantee is not entitled to exercise his or her entire Option or SAR, the Shares
covered by the unexercisable portion of the Option or SAR shall revert to the Plan. If, after the Date of Termination, the Grantee does not exercise his or her Option or SAR within the time specified herein, the Option or SAR shall terminate, and
the Shares covered by such Option or SAR shall revert to the Plan. 
  
 (ii) the Grantee’s Restricted Stock Awards, to the extent forfeitable immediately before the Date of Termination, shall thereupon automatically be forfeited; 
  
 (iii) the Grantee’s Restricted Stock Awards that were not forfeitable immediately before the Date of Termination shall
promptly be settled by delivery to the Grantee of a number of unrestricted Shares equal to the aggregate number of the Grantee’s vested Restricted Stock Awards; 
  
 (iv) any Performance Shares or Performance Units with respect to which the Performance Period has not ended as of the Date
of Termination shall terminate immediately upon the Date of Termination. 
  
 (f) Death of Grantee. In the event of the death of an Grantee, then, unless otherwise provided by the Award Agreement, 
  

 8 

 (i) the Grantee’s unexercised Option or SAR may be exercised at any time within 12 months following
the date of death (but in no event later than the expiration of the term of such Option or SAR as set forth in the Award Agreement), by the Grantee’s estate or by a person who acquired the right to exercise the Option or SAR by bequest or
inheritance, but only to the extent that the Grantee was entitled to exercise the Option or SAR at the date of death. If, at the time of death, the Grantee was not entitled to exercise his or her entire Option or SAR, the Shares covered by the
unexercisable portion of the Option or SAR shall immediately revert to the Plan. If, after death, the Grantee’s estate or a person who acquired the right to exercise the Option or SAR by bequest or inheritance does not exercise the Option or
SAR within the time specified herein, the Option or SAR shall terminate, and the Shares covered by such Option or SAR shall revert to the Plan. 
  
 (ii) the Grantee’s Restricted Stock Awards, to the extent forfeitable immediately before the date of death, shall thereupon automatically be
forfeited; 
  
 (iii) the Grantee’s Restricted Stock Awards
that were not forfeitable immediately before the date of death shall promptly be settled by delivery to the Grantee’s estate or a person who acquired the right to hold the Stock Grant by bequest or inheritance, of a number of unrestricted
Shares equal to the aggregate number of the Grantee’s vested Restricted Stock Awards; 
  
 (iv) any Performance Shares or Performance Units with respect to which the Performance Period has not ended as of the date of death shall terminate immediately upon the date of death. 
  
 (g) Buyout Provisions. The Administrator may at any time offer to buy
out, for a payment in cash or Shares, an Award previously granted, based on such terms and conditions as the Administrator shall establish and communicate to the Grantee at the time that such offer is made. Any such cash offer made to an Officer or
Director shall comply with the provisions of Rule 16b-3 relating to cash settlement of stock appreciation rights. This provision is intended only to clarify the powers of the Administrator and shall not in any way be deemed to create any rights on
the part of Grantees to buyout offers or payments. 
  
 (h)
Nontransferability of Awards. 
  
 (i) Except as provided
in Section 5(h)(iii) below, each Award, and each right under any Award, shall be exercisable only by the Grantee during the Grantee’s lifetime, or, if permissible under Applicable Law, by the Grantee’s guardian or legal
representative. 
  
 (ii) Except as provided in
Section 5(h)(iii) below, no Award (prior to the time, if applicable, Shares are issued in respect of such Award), and no right under any Award, may be assigned, alienated, pledged, attached, sold or otherwise transferred to encumbered by a
Grantee otherwise than by will or by the laws of descent and distribution (or in 
  

 9 

 the case of Restricted Stock Awards, to the Company) and any such purported assignment, alienation, pledge, attachment,
sale, transfer or encumbrance shall be void and unenforceable against the Company or any Subsidiary; provided, that the designation of a beneficiary shall not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance.

  
 (iii) To the extent and in the manner permitted by Applicable
Law, and to the extent and in the manner permitted by the Administrator, and subject to such terms and conditions as may be prescribed by the Administrator, a Grantee may transfer an Award to: 
  
 (A) a child, stepchild, grandchild, parent, stepparent, grandparent,
spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law of the Grantee (including adoptive relationships); 
  
 (B) any person sharing the employee’s household (other than a tenant or
employee); 
  
 (C) a trust in which persons described in
(A) and (B) have more than 50 percent of the beneficial interest; 
  
 (D) a foundation in which persons described in (A) or (B) or the Grantee control the management of assets; or 
  
 (E) any other entity in which the persons described in (A) or (B) or the Grantee own more than 50 percent of the voting interests; 

 
 provided such transfer is not for value. The following shall not be considered transfers
for value: a transfer under a domestic relations order in settlement of marital property rights, and a transfer to an entity in which more than 50 percent of the voting interests are owned by persons described in (A) above or the Grantee, in
exchange for an interest in such entity. 
  
 6. Stock
Options. 
  
 (a) Limitations. 
  
 (i) Each Option shall be designated in the Award Agreement as either an
Incentive Stock Option or a Nonstatutory Stock Option. Any Option designated as an Incentive Stock Option: 
  
 (A) shall not have an aggregate Fair Market Value (determined for each Incentive Stock Option at the Date of Grant) of Shares with respect to which
Incentive Stock Options are exercisable for the first time by the Grantee during any calendar year (under the Plan and any other employee stock option plan of the Company or any Parent or Subsidiary (“Other Plans”)), determined in
accordance with the provisions of Section 422 of the Code, that exceeds $100,000 (the “$100,000 Limit”); 
  

 10 

 (B) shall, if the aggregate Fair Market Value of Shares (determined on the Date of Grant) with respect
to the portion of such grant that is exercisable for the first time during any calendar year (“Current Grant”) and all Incentive Stock Options previously granted under the Plan and any Other Plans that are exercisable for the first time
during a calendar year (“Prior Grants”) would exceed the $100,000 Limit, be exercisable as follows: 
  
 (1) The portion of the Current Grant that would, when added to any Prior Grants, be exercisable with respect to Shares that would have an aggregate Fair
Market Value (determined as of the respective Date of Grant for such Options) in excess of the $100,000 Limit shall, notwithstanding the terms of the Current Grant, be exercisable for the first time by the Grantee in the first subsequent calendar
year or years in which it could be exercisable for the first time by the Grantee when added to all Prior Grants without exceeding the $100,000 Limit; and 
  
 (2) If, viewed as of the date of the Current Grant, any portion of a Current Grant could not be exercised under the preceding provisions of this
Section 6(a)(i)(B) during any calendar year commencing with the calendar year in which it is first exercisable through and including the last calendar year in which it may by its terms be exercised, such portion of the Current Grant shall not
be an Incentive Stock Option, but shall be exercisable as a separate Option at such date or dates as are provided in the Current Grant. 
  
 (ii) No Employee shall be granted, in any fiscal year, Options to purchase more than 3,000,000 Shares. The limitation described in this
Section 6(a)(ii) shall be adjusted proportionately in connection with any change in the Company’s capitalization as described in Section 11 of the Plan. If an Option is canceled in the same fiscal year of the Company in which it was
granted (other than in connection with a transaction described in Section 11 of the Plan), the canceled Option will be counted against the limitation described in this Section 6(a)(ii). 
  
 (iii) The determination of the number of Shares to be covered by each Option
granted to Consultants who are non-Employee Directors and the frequency of such grants shall be made in accordance with the applicable rules and procedures established by the Board. 
  
 (b) Term of Option. The term of each Option shall be stated in the Award Agreement; provided, however, that in the
case of an Incentive Stock Option, the term shall be 10 years from the date of grant or such shorter term as may be provided in the Award Agreement. Moreover, in the case of an Incentive Stock Option granted to a Grantee who, at the time the
Incentive Stock Option is granted, owns stock representing more than 10 percent of the voting power of all classes of stock of the Company or any Parent or Subsidiary, the term of the Incentive Stock Option shall be five years from the date of grant
or such shorter term as may be provided in the Award Agreement. 
  
 (c) Option Exercise Price and Consideration. 
  
 (i) Exercise Price. The per share exercise price for the Shares to be issued pursuant to exercise of an Option shall be determined by the Administrator. Except as otherwise provided in this Section 6(c)(i), the exercise price of
an Incentive Stock Option shall be no less than 100 percent of the Fair Market Value per Share on the Date of Grant. 
  

 11 

 (A) In the case of an Incentive Stock Option granted to an Employee who on the Date of Grant owns stock
representing more than 10 percent of the voting power of all classes of stock of the Company or any Parent or Subsidiary, the per Share exercise price shall be no less than 110 percent of the Fair Market Value per Share on the Date of Grant.

  
 (B) Any Option that is (1) granted to a Grantee in
connection with the acquisition (“Acquisition”), however effected, by the Company of another corporation or entity (“Acquired Entity”) or the assets thereof, (2) associated with an option to purchase shares of stock or other
equity interest of the Acquired Entity or an affiliate thereof (“Acquired Entity Option”) held by such Grantee immediately prior to such Acquisition, and (3) intended to preserve for the Grantee the economic value of all or a portion
of such Acquired Entity Option, may be granted with such exercise price as the Administrator determines to be necessary to achieve such preservation of economic value. 
  
 (C) Any Option that is granted to a Grantee not previously employed by the Company, or a Parent or Subsidiary, as a
material inducement to the Grantee’s commencing employment with the Company may be granted with such exercise price as the Administrator determines to be necessary to provide such material inducement. 
  
 (d) Waiting Period and Exercise Dates. At the time an Option is
granted, the Administrator shall fix the period within which the Option may be exercised and shall determine any conditions that must be satisfied before the Option may be exercised. An Option shall be exercisable only to the extent that it is
vested according to the terms of the Award Agreement. 
  
 (e)
Form of Consideration. The Administrator shall determine the acceptable form of consideration for exercising an Option, including the method of payment. In the case of an Incentive Stock Option, the Administrator shall determine the
acceptable form of consideration at the time of grant. The acceptable form of consideration may consist of any combination of cash, personal check, wire transfer or, subject to the approval of the Administrator: 
  
 (i) pursuant to rules and procedures approved by the Administrator,
promissory note; 
  
 (ii) Mature Shares; 
  
 (iii) pursuant to procedures approved by the Committee, (A) through the
sale of the Shares acquired on exercise of the Option through a broker-dealer to whom the Grantee has submitted an irrevocable notice of exercise and irrevocable instructions to deliver promptly to the Company the amount of sale or loan proceeds
sufficient to pay the exercise price, together with, if requested by the Company, the amount of federal, state, local or foreign withholding taxes payable by the Grantee by reason of such exercise, or (B) through simultaneous sale through a
broker of Shares acquired upon exercise; or 
  

 12 

 (iv) such other consideration and method of payment for the issuance of Shares to the extent permitted
by Applicable Law. 
  
 (f) Exercise of Option. 

 
 (i) Procedure for Exercise; Rights as a Shareholder. 

 
 (A) Any Option granted hereunder shall be exercisable according to the
terms of the Plan and at such times and under such conditions as determined by the Administrator and set forth in the Award Agreement. 
  
 (B) An Option may not be exercised for a fraction of a Share. 
  
 (C) An Option shall be deemed exercised when the Company receives: 
  
 (1) written notice of exercise (in accordance with the Award Agreement) from the person entitled to exercise the Option,
and 
  
 (2) full payment for the Shares with respect to which the
Option is exercised. Full payment may consist of any consideration and method of payment authorized by the Administrator and permitted by the Award Agreement and the Plan. 
  
 (3) Shares issued upon exercise of an Option shall be issued in the name of the Grantee or, if requested by the Grantee, in
the name of the Grantee and his or her spouse. Until the stock certificate evidencing such Shares is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote
or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned Stock, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate promptly after the Option is
exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 11 of the Plan. 
  
 (4) Exercising an Option in any manner shall decrease the number of Shares
thereafter available, both for purposes of the Plan and for sale under the Option, by the number of Shares as to which the Option is exercised. 
  
 7. Stock Appreciation Rights. 
  
 (a) Grant of SARs. Subject to the terms and conditions of the Plan, the Administrator may grant SARs in tandem with an Option (“Tandem
SARs”) or alone and unrelated to an Option. Tandem SARs shall expire no later than the expiration of the underlying Option. 
  
 (b) Exercise of SARs. SARs shall be exercised by the delivery of a written notice of exercise to the Company, setting forth the number of Shares
over which the SAR is to be exercised. Tandem SARs may be exercised: 
  
 (i) with respect to all or part of the Shares subject to the related Option upon the surrender of the right to exercise the equivalent portion of the related Option; 
  

 13 

 (ii) only with respect to the Shares for which its related Option is then exercisable; and 

 
 (iii) only when the Fair Market Value of the Shares subject to the Option
exceeds the exercise price of the Option. 
  
 The value of the payment with
respect to the Tandem SAR may be no more than 100 percent of the difference between the exercise price of the underlying Option and the Fair Market Value of the Shares subject to the underlying Option at the time the tandem SAR is exercised.

  
 (c) Payment of SAR Benefit. Upon exercise of a SAR, the
Grantee shall be entitled to receive payment from the Company in an amount determined by multiplying: 
  
 (i) the excess of the Fair Market Value of a Share on the date of exercise over the SAR exercise price; by 
  
 (ii) the number of Shares with respect to which the SAR is exercised;

  
 provided, that the Administrator may provide in the Award Agreement that the
benefit payable on exercise of a SAR shall not exceed such percentage of the Fair Market Value of a Share on the Date of Grant, or any other limitation, as the Administrator shall specify. As determined by the Administrator, the payment upon
exercise of a SAR may be in cash, in Shares that have an aggregate Fair Market Value (as of the date of exercise of the SAR) equal to the amount of the payment, or in some combination thereof, as set forth in the Award Agreement. 
  
 (d) No Employee shall be granted, in any fiscal year, SARs with respect to
more than 3,000,000 Shares. The limitation described in this Section 7(d) shall be adjusted proportionately in connection with any change in the Company’s capitalization as described in Section 11 of the Plan. If a SAR is canceled in
the same fiscal year of the Company in which it was granted (other than in connection with a transaction described in Section 11 of the Plan), the canceled SAR will be counted against the limitation described in this Section 7(d).

  
 8. Restricted Stock Awards. Subject to the terms of the
Plan, the Administrator may grant Restricted Stock Awards to any Employee or Consultant, in such amount and upon such terms and conditions as shall be determined by the Administrator. 
  
 (a) Administrator Action. The Administrator acting in its absolute discretion shall have the right to grant
Restricted Stock to Employees and Consultants under the Plan from time to time. Each Restricted Stock Award shall be evidenced by a Restricted Stock Agreement, and each Restricted Stock Agreement shall set forth the conditions, if any, which will
need to be timely satisfied before the grant will be effective and the conditions, if any, under which the Grantee’s interest in the related Stock will be forfeited. The Administrator may make grants of Performance-Based Restricted Stock and
grants of Restricted Stock that is not Performance-Based Restricted Stock. 
  

 14 

 (b) Performance-Based Restricted Stock. 
  
 (i) Effective Date. A grant of Performance-Based Restricted Stock
shall be effective as of the date the Administrator certifies that the applicable conditions described in Section 8(b)(iii) of the Plan have been timely satisfied. 
  
 (ii) Share Limitation. No more than 3,000,000 Shares of Performance-Based Restricted Stock may be granted to an
Employee or Consultant in any fiscal year. 
  
 (iii) Grant
Conditions. The Administrator, acting in its absolute discretion, may select from time to time Employees and Consultants to receive grants of Performance-Based Restricted Stock in such amounts as the Administrator may, in its absolute
discretion, determine, subject to any limitations provided in the Plan. The Administrator shall make each grant subject to the attainment of certain performance targets. The Administrator shall determine the performance targets which will be applied
with respect to each grant of Performance-Based Restricted Stock at the time of grant, but in no event later than 90 days after the commencement of the period of service to which the performance targets relate. The performance criteria applicable to
Performance-Based Restricted Stock grants will be one or more of the following criteria: (i) Common Stock price; (ii) average annual growth in earnings per share; (iii) increase in shareholder value; (iv) earnings per share;
(v) net income; (vi) return on assets; (vii) return on shareholders’ equity; (viii) increase in cash flow; (ix) operating profit or operating margins; (x) revenue growth of the Company; and (xi) operating
expenses. The related Restricted Stock Agreement shall set forth the applicable performance criteria and the deadline for satisfying the performance criteria. 
  

(iv) Forfeiture Conditions. The Administrator may make each Performance-Based Restricted Stock grant (if, when and to the extent that the grant
becomes effective) subject to one, or more than one, objective employment, performance or other forfeiture condition which the Administrator acting in its absolute discretion deems appropriate under the circumstances for Employees or Consultants
generally or for a Grantee in particular, and the related Restricted Stock Agreement shall set forth each such condition and the deadline for satisfying each such forfeiture condition. A Grantee’s nonforfeitable interest in the Shares related
to a Performance-Based Restricted Stock grant shall depend on the extent to which each such condition is timely satisfied. A Stock certificate shall be issued (subject to the conditions, if any, described in this Section 8(b)) to, or for the
benefit of, the Grantee with respect to the number of shares for which a grant has become effective as soon as practicable after the date the grant becomes effective. 
  
 (c) Restricted Stock Other Than Performance-Based Restricted Stock. 
  
 (i) Effective Date. A Restricted Stock grant which is not a grant of
Performance-Based Restricted Stock shall be effective (a) as of the date set by the Administrator when the grant is made or, if the grant is made subject to one, or more than one, condition, (b) as of the date the Administrator determines
that such conditions have been timely satisfied. 
  

 15 

 (ii) Grant Conditions. The Administrator acting in its absolute discretion may make the grant of
Restricted Stock which is not Performance-Based Restricted Stock to a Grantee subject to the satisfaction of one, or more than one, objective employment, performance or other grant condition which the Administrator deems appropriate under the
circumstances for Employees or Consultants generally or for a Grantee in particular, and the related Restricted Stock Agreement shall set forth each such condition and the deadline for satisfying each such grant condition. 
  
 (iii) Forfeiture Conditions. The Administrator may make each grant of
Restricted Stock which is not a grant of Performance-Based Restricted Stock (if, when and to the extent that the grant becomes effective) subject to one, or more than one, objective employment, performance or other forfeiture condition which the
Administrator acting in its absolute discretion deems appropriate under the circumstances for Employees or Consultants generally or for a Grantee in particular, and the related Restricted Stock Agreement shall set forth each such condition and the
deadline for satisfying each such forfeiture condition. A Grantee’s nonforfeitable interest in the Shares related to a grant of Restricted Stock which is not a grant of Performance-Based Restricted Stock shall depend on the extent to which each
such condition is timely satisfied. A Stock certificate shall be issued (subject to the conditions, if any, described in this Section 8(c)) to, or for the benefit of, the Grantee with respect to the number of shares for which a grant has become
effective as soon as practicable after the date the grant becomes effective. 
  
 (d) Dividends and Voting Rights. Each Restricted Stock Agreement shall state whether the Grantee shall have a right to receive any cash dividends which are paid with respect to his or her Restricted Stock after
the date his or her Restricted Stock grant has become effective and before the first day that the Grantee’s interest in such stock is forfeited completely or becomes completely nonforfeitable. If a Restricted Stock Agreement provides that a
Grantee has no right to receive a cash dividend when paid, such agreement shall set forth the conditions, if any, under which the Grantee will be eligible to receive one, or more than one, payment in the future to compensate the Grantee for the fact
that he or she had no right to receive any cash dividends on his or her Restricted Stock when such dividends were paid. If a Restricted Stock Agreement calls for any such payments to be made, the Company shall make such payments from the
Company’s general assets, and the Grantee shall be no more than a general and unsecured creditor of the Company with respect to such payments. If a stock dividend is declared on such a Share after the grant is effective but before the
Grantee’s interest in such Stock has been forfeited or has become nonforfeitable, such stock dividend shall be treated as part of the grant of the related Restricted Stock, and a Grantee’s interest in such stock dividend shall be forfeited
or shall become nonforfeitable at the same time as the Share with respect to which the stock dividend was paid is forfeited or becomes nonforfeitable. If a dividend is paid other than in cash or stock, the disposition of such dividend shall be made
in accordance with such rules as the Administrator shall adopt with respect to each such dividend. A Grantee shall have the right to vote the Shares related to his or her Restricted Stock grant after the grant is effective with respect to such
Shares but before his or her interest in such Shares has been forfeited or has become nonforfeitable. 
  

 16 

 (e) Satisfaction of Forfeiture Conditions. A Share shall cease to be Restricted Stock at such time
as a Grantee’s interest in such Share becomes nonforfeitable under the Plan, and the certificate representing such share shall be reissued as soon as practicable thereafter without any further restrictions related to Section 8(b) or
Section 8(c) and shall be transferred to the Grantee. 
  
 9.
Performance Units and Performance Shares. 
  
 (a) Grant
of Performance Units and Performance Shares. Subject to the terms of the Plan, the Administrator may grant Performance Units or Performance Shares to any Employee or Consultant in such amounts and upon such terms as the Administrator shall
determine. 
  
 (b) Value/Performance Goals. Each
Performance Unit shall have an initial value that is established by the Administrator on the Date of Grant. Each Performance Share shall have an initial value equal to the Fair Market Value of a Share on the Date of Grant. The Administrator shall
set performance goals that, depending upon the extent to which they are met, will determine the number or value of Performance Units or Performance Shares that will be paid to the Grantee. 
  
 (c) Payment of Performance Units and Performance Shares. 

 
 (i) Subject to the terms of the Plan, after the applicable Performance
Period has ended, the holder of Performance Units or Performance Shares shall be entitled to receive a payment based on the number and value of Performance Units or Performance Shares earned by the Grantee over the Performance Period, determined as
a function of the extent to which the corresponding performance goals have been achieved. 
  
 (ii) If a Grantee is promoted, demoted or transferred to a different business unit of the Company during a Performance Period, then, to the extent the Administrator determines appropriate, the Administrator may
adjust, change or eliminate the performance goals or the applicable Performance Period as it deems appropriate in order to make them appropriate and comparable to the initial performance goals or Performance Period. 
  
 (d) Form and Timing of Payment of Performance Units and Performance
Shares. Payment of earned Performance Units or Performance Shares shall be made in a lump sum following the close of the applicable Performance Period. The Administrator may pay earned Performance Units or Performance Shares in cash or in Shares
(or in a combination thereof) that have an aggregate Fair Market Value equal to the value of the earned Performance Units or Performance Shares at the close of the applicable Performance Period. Such Shares may be granted subject to any restrictions
deemed appropriate by the Administrator. The form of payout of such Awards shall be set forth in the Award Agreement pertaining to the grant of the Award. 
  
 10. Tax Withholding. The Company shall deduct from all cash distributions under the Plan any taxes required to be withheld by federal, state, local
or foreign government. Whenever the Company proposes or is required to issue or transfer Shares under the Plan, the Company shall have the right to require the recipient to remit to the Company an amount sufficient to 
  

 17 

 satisfy any federal, state, local and foreign withholding tax requirements prior to the delivery of any certificate or
certificates for such shares. A Grantee may pay the withholding tax in cash, or, if the applicable Award Agreement provides, a Grantee may elect to have the number of Shares he is to receive reduced by the smallest number of whole Shares that, when
multiplied by the Fair Market Value of the Shares determined as of the Tax Date (defined below), is sufficient to satisfy federal, state, local and foreign, if any, withholding taxes arising from exercise or payment of a grant under the Plan (a
“Withholding Election”). A Grantee may make a Withholding Election only if the Withholding Election is made on or prior to the date on which the amount of tax required to be withheld is determined (the “Tax Date”) by executing
and delivering to the Company a properly completed notice of Withholding Election as prescribed by the Administrator. The Administrator may in its sole discretion disapprove and give no effect to the Withholding Election. 
  
 11. Adjustments Upon Changes in Capitalization or Change of Control.

  
 (a) Changes in Capitalization. Subject to any required
action by the shareholders of the Company, the number of Covered Shares, and the number of shares of Common Stock which have been authorized for issuance under the Plan but as to which no Awards have yet been granted or which have been returned to
the Plan upon cancellation or expiration of an Award, as well as the price per share of Covered Stock, shall be proportionately adjusted for any increase or decrease in the number of issued shares of Common Stock resulting from a stock split,
reverse stock split, stock dividend, combination or reclassification of the Common Stock, or any other similar transaction; provided, however, that conversion of any convertible securities of the Company shall not be deemed to have been effected
without receipt of consideration so as to result in any such adjustment. Such adjustment shall be made by the Administrator, whose determination in that respect shall be final, binding and conclusive. Except as expressly provided herein, no issuance
by the Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number or price of shares of Covered Stock. 

 
 (b) Change in Control. In the event of a Change in Control, then
the following provisions shall apply: 
  
 (i) Vesting.
The Administrator, in the exercise of its sole discretion, may provide that any Award outstanding on the date such Change in Control is determined to have occurred that is not yet exercisable and vested on such date shall become fully exercisable
and vested on the date of such Change in Control. 
  
 (ii)
Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, to the extent that an Award is outstanding, it will terminate immediately prior to the consummation of such proposed action. The Administrator
may, in the exercise of its sole discretion in such instances, declare that any Option or SAR shall terminate as of a date fixed by the Administrator and give each Grantee the right to exercise his or her Option or SAR as to all or any part of the
Covered Stock, including Shares as to which the Option or SAR would not otherwise be exercisable. 
  

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 (iii) Merger or Asset Sale or Other Change in Control. In the event of the occurrence of a merger
of the Company with or into another corporation or the sale of substantially all of the assets of the Company, in each case resulting in a Change in Control, or other event resulting in a Change in Control the Administrator, in the exercise of its
sole discretion, shall be entitled to take any of the following actions, or any other action that the Administrator in the exercise of its sole discretion determines to be fair to the holders of Awards: 
  
 (A) prior to the occurrence of such a Change in Control, provide that all
outstanding Awards upon the consummation of such a merger or sale shall be assumed by, or an equivalent option or right shall be substituted by, the successor corporation or a Parent or Subsidiary of the successor corporation; 
  
 (B) prior to the occurrence of such a Change in Control, provide that all
outstanding Awards, to the extent they are exercisable and vested (including, if so determined by the Administrator in the exercise of its sole discretion, Awards that shall become exercisable and vested pursuant to Section 11(b)(i) above), shall be
terminated in exchange for a cash payment equal to the Change in Control Price (reduced by the exercise price applicable to such Awards). These cash proceeds shall be paid to the Grantee or, in the event of death of an Grantee prior to payment, to
the estate of the Grantee or to a person who acquired the right to exercise the Award by bequest or inheritance; or 
  
 (C) prior to the occurrence of such a Change in Control, provide for the Grantee to have the right to exercise the Award as to all or a portion of the
Covered Stock, including, if so determined by the Administrator in the exercise of its sole discretion, Shares as to which it would not otherwise be exercisable. If the Administrator makes an Award exercisable in lieu of assumption or substitution
in the event of a merger or sale of assets, the Administrator shall notify the Grantee that the Option or SAR shall be fully exercisable for a period of 15 days from the date of such notice (or such shorter period of time as the Administrator
determines to be reasonable in the exercise of its sole discretion), and the Award will terminate upon the expiration of such period. 
  
 12. Term of Plan. The Plan shall become effective upon its approval by the shareholders of the Company within 12 months after the earlier of the
date of its adoption by the Board or the date of its approval by the shareholders. Such shareholder approval shall be obtained in the manner and to the degree required under applicable law, rule or regulation, including the requirements of any
exchange or quotation system on which the Common Stock is listed or quoted. The Plan shall continue in effect until the tenth anniversary of adoption of the Plan by the Board, unless terminated earlier under Section 13 of the Plan. 

 
 13. Amendment and Termination of the Plan. 
  
 (a) Amendment and Termination. The Board may at any time amend,
alter, suspend or terminate the Plan. 
  
 (b) Shareholder
Approval. The Company shall obtain shareholder approval of any Plan amendment to the extent necessary and desirable to comply with Rule 16b-3 or with 
  

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 Section 422 of the Code (or any successor rule or statute or other applicable law, rule or regulation, including the
requirements of any exchange or quotation system on which the Common Stock is listed or quoted). Such shareholder approval, if required, shall be obtained in such a manner and to such a degree as is required by the applicable law, rule or
regulation. 
  
 (c) Effect of Amendment or Termination. No
amendment, alteration, suspension or termination of the Plan shall impair the rights of any Grantee, unless mutually agreed otherwise between the Grantee and the Administrator, which agreement must be in writing and signed by the Grantee and the
Company. 
  
 14. Conditions Upon Issuance of Shares.

  
 (a) Legal Compliance. Shares shall not be issued
pursuant to an Award unless the exercise, if applicable, of such Award and the issuance and delivery of such Shares shall comply with all relevant provisions of law, including, without limitation, the Securities Act of 1933, as amended, the Exchange
Act, the rules and regulations promulgated thereunder, Applicable Law, and the requirements of any stock exchange or quotation system upon which the Shares may then be listed or quoted, and shall be further subject to the approval of counsel for the
Company with respect to such compliance. 
  
 (b) Investment
Representations. As a condition to the exercise of an Award, the Company may require the person exercising such Award to represent and warrant at the time of any such exercise that the Shares are being purchased only for investment and without
any present intention to sell or distribute such Shares if, in the opinion of counsel for the Company, such a representation is required. 
  
 15. Liability of Company. 
  
 (a) Inability to Obtain Authority. The inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority
is deemed by the Company’s counsel to be necessary to the lawful issuance and sale of any Shares hereunder, shall relieve the Company of any liability in respect of the failure to issue or sell such Shares as to which such requisite authority
shall not have been obtained. 
  
 (b) Grants Exceeding Allotted
Shares. If the Covered Stock covered by an Award exceeds, as of the date of grant, the number of Shares that may be issued under the Plan without additional shareholder approval, such Award shall be void with respect to such excess Covered
Stock, unless shareholder approval of an amendment sufficiently increasing the number of Shares subject to the Plan is timely obtained in accordance with Section 13 of the Plan. 
  
 16. Reservation of Shares. The Company, during the term of the Plan, will at all times reserve and keep available
such number of Shares as shall be sufficient to satisfy the requirements of the Plan. 
  
 17. Rights of Employees and Consultants. Neither the Plan nor any Award shall confer upon an Grantee any right with respect to continuing the Grantee’s employment or consulting 
  

 20 

 relationship with the Company, nor shall they interfere in any way with the Grantee’s right or the Company’s
right to terminate such employment or consulting relationship at any time, with or without cause. 
  
 18. Sub-plans for Foreign Subsidiaries. The Board may adopt sub-plans applicable to particular foreign Subsidiaries. All Awards granted under such
sub-plans shall be treated as grants under the Plan. The rules of such sub-plans may take precedence over other provisions of the Plan, with the exception of Section 3, but unless otherwise superseded by the terms of such sub-plan, the
provisions of the Plan shall govern the operation of such sub-plan. 
  
 19. Construction. The Plan shall be construed under the laws of the State of Florida, to the extent not preempted by federal law, without reference to the principles of conflict of laws. 
  
 20. Authorized Shares. The Company shall be authorized to issue Awards
payable by issuing Shares under this Plan only to the extent that it has a sufficient number of authorized but unissued shares of Common Stock available for issuance under its Certificate of Incorporation. In no event shall the Company issue Shares,
or Awards requiring the Company to issue Shares, pursuant to this Plan to the extent that such issuance or Award exceeds, when combined with the Shares issuable pursuant to the Company’s 1991 Stock Option Plan and all other Shares or Awards
under this Plan, 10 percent of the Common Stock of the Company outstanding on a fully diluted basis (assuming the conversion or exercise of all securities that may be converted into or exercised for such Common Stock), unless such issuance of Shares
or Award in excess of such 10 percent amount is approved by the stockholders of the Company. The proceeding sentence shall not limit the Company’s ability to issue Awards under this Plan that are payable other than in Shares of the Company.

  

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