Document:

SETTLEMENT
      AGREEMENT

    

    This
      SETTLEMENT AGREEMENT (“Agreement”) is entered into and made effective on July
      __, 2005, (the “Effective Date”) by and between Shuffle Master, Inc. (“Shuffle
      Master”), a Minnesota corporation having a principal place of business at 1106
      Palms Airport Drive, Las Vegas, Nevada 89119, on the one hand, and VendingData
      Corporation, a Nevada corporation having a principal place of business at 6830
      Spencer Street, Las Vegas, Nevada 89119, Casinovations, Inc., a Nevada
      corporation having a principal place of business at 6830 Spencer Street, Las
      Vegas, Nevada 89119, and Casinovations
      Sales Inc., a Nevada corporation having a principal place of business at
6830
      Spencer Street, Las Vegas, Nevada 89119, on the other hand (collectively
      “VendingData”).

    

    RECITALS

    

    WHEREAS,
      on May 30, 2000, the United States Patent and Trademark Office issued U.S.
      Patent No. 6,068,258 (“the ‘258 patent”) entitled “Method and Apparatus For
      Automatically Cutting and Shuffling Playing Cards”;

    

    WHEREAS,
      on December 4, 2001, the United States Patent and Trademark Office issued U.S.
      Patent No. 6,325,373 (“the ‘373 patent”) entitled “Method and Apparatus For
      Automatically Cutting and Shuffling Playing Cards”;

    

    WHEREAS,
      Shuffle Masters owns all rights, title and interest in and to the ‘258 and ‘373
      patents;

    

    WHEREAS, VendingData
      manufactures, sells, and offers for sale card shuffling devices now known as
      the
      Random Ejection Shuffler, Continuous Random Ejection Shuffler, and the “digital”
version of either of these shufflers, model numbers CVI-6, CVI-6 SD, CVI-6
      S,
      CVI-8, CVI-C, CVI-CP, CVI-C (C1, B, OR C2) as made, used and sold in the United
      States prior to the Effective Date (collectively referred to herein as the
“RES
      Shufflers”), and consistent with this, the RES Shufflers do not include products
      not accused of infringement of the ‘258 and ‘373 patents in the Action such as
      the shuffler now known as the Poker-1 or the PokerOne or future VendingData
      shuffler products that use VendingData’s random ejection technology;

    

    WHEREAS,
      on or about March 27, 2002, Shuffle Master filed suit in the United States
      District Court, District of Nevada (the “Court”) against VendingData (Case No.
      CV-S-02-0438-JCM-PAL) (“Action”) alleging causes of action for patent
      infringement of the ‘373 patent under 35 U.S.C. § 271, et seq. based on
      VendingData’s manufacture, sale, and offer for sale of its RES
      Shufflers;

     

    
      
         

      

      
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    WHEREAS,
      on or about July 25, 2002, Shuffle Master amended its Complaint in the Action
      to
      allege against VendingData causes of action for patent infringement of the
‘258
      patent under 35 U.S.C. § 271, et seq. based on VendingData’s manufacture,
      sale, and offer for sale of its RES Shufflers; 

    

    WHEREAS,
      on or about August 8, 2002, VendingData filed its Answer to Shuffle Master’s
      Amended Complaint and Counterclaims in the Action seeking a declaration that
      the
      patents in suit were not infringed, invalid and/or unenforceable and alleging
      certain causes of action including claims for breach of contract and
      misappropriation of trade secrets;

    

    WHEREAS,
      VendingData represents and warrants that it has removed or disabled any counter
      or alphanumeric display in its RES Shufflers; and

    

    WHEREAS,
      Shuffle Master and VendingData wish to fully resolve and settle all issues
      and
      disputes arising out of and related to the Action.

    

    AGREEMENT

    

    In
      consideration of the mutual understandings and covenants set forth herein,
      the
      receipt and sufficiency of which are hereby agreed, the parties agree as
      follows:

    

    1.  CONSIDERATION

    

    1.1 Covenant
      Not to Sue.
      As
      provided below, and subject to the terms and conditions set forth herein,
      Shuffle Master conditionally agrees not to sue VendingData for infringement
      of,
      or allege that any its products infringe, the ‘258 and ‘373 patents. This
      covenant not to sue (the “Covenant”) shall extend to all claims of the ‘258
      patent and all claims, except claims 6 and 7, of the ‘373 patent, as well as any
      patent claim covering displays, counters or registering use issuing from any
      reissue, continuation or continuation in part patent application related to
      the
‘258 and ‘373 patents. Unless sooner ended pursuant to the terms hereof, the
      Covenant shall last for the life of the ‘258 and ‘373 patents or any such
      related patent. The Covenant shall not extend to any claims of the 6,139,014
      patent or the 5,695,189 patent. The Covenant is personal to VendingData and
      can
      be transferred, sublicensed and/or assigned by VendingData, subject to the
      balance of this paragraph 1.1, only in connection with the transfer or sale
      of
      all or substantially all of the assets of VendingData’s business, which transfer
      or sale occurs after the full Second Payment has been made to Shuffle Master;
      provided, however, that the Covenant cannot and shall not be transferred,
      sublicensed or assigned in any manner until Shuffle Master receives the full
      Second Payment, and further provided that any purported transfer, sublicense
      or
      assignment, or any sale or transfer of 50% or more of the assets or stock of
      VendingData, which purported transfer, sublicense or assignment or sale or
      transfer occurs prior to the date that Shuffle Master receives the full Second
      Payment, shall serve to immediately terminate the Covenant, which termination
      shall be retroactive to the Effective Date. If, for any reason, the full Second
      Payment is not paid to Shuffle Master on the Due Date, then the Covenant shall
      immediately terminate on the first day after the Due Date, which termination
      shall be retroactive to the Effective Date. Any termination of the Covenant
      shall not affect any other provision or term of this Agreement, unless otherwise
      expressly stated herein, nor shall any termination of the Covenant limit or
      preclude Shuffle Master from pursuing any other rights or remedies legally
      available to it, whether at law or in equity, including without limitation:
      x)
      to execute and otherwise collect on the Judgment; or y) to file suit for
      infringement of either the ‘373 or ‘258 patents (or both) or any other patents
      previously covered by the Covenant against any VendingData product relating
      to
      any acts or omissions after the Effective Date. Further, VendingData agrees
      that
      it shall not allow, cause, effectuate or institute any change of control of
      its
      ownership or any sale or transfer of a majority of its stock or assets until
      the
      full Second Payment is made to Shuffle Master. Shuffle Master shall have the
      right to obtain injunctive relief to enforce the provisions of this Paragraph
      1.1, in addition to any other rights and remedies available to it, and to
      recover its attorney’s fees in the event of any breach by VendingData of any
      provision of this Paragraph 1.1.

     

    
      
         

      

      
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    1.2 Settlement
      Sum. VendingData
      shall pay Shuffle Master the sum of eight hundred thousand dollars ($800,000)
      as
      set forth in this paragraph. VendingData
      shall pay four hundred thousand dollars ($400,000) by wire transfer to Citibank
      Account No. 500228226, ABA Routing 122401710; Swift # CITIUS33; Account name
      Shuffle Master, Inc. Concentration Account; Bank Address 2215 Rampart, Las
      Vegas, Nevada 89128 within two (2) days of the Effective Date, after which,
      within two (2) days, the parties shall file the order of dismissal set forth
      in
      Section 1.4. No later than ten (10) months after the Effective Date (the “Due
      Date”), VendingData shall pay the remaining four hundred thousand dollars
      ($400,000) of the settlement sum (the “Second Payment”). On the Effective Date,
      VendingData shall also provide Shuffle Master with an original executed
      confession of judgment (the “Judgment”) on this Agreement (in the form of
      Exhibit A attached hereto) in the amount of $400,000, which Shuffle Master
      shall
      have the right to immediately file. Subject to the foregoing, Shuffle Master
      shall execute on the Judgment only in the event VendingData fails to make timely
      payment of the Second Payment. Further, if the Second Payment is not timely
      made, then all applicable provisions of Paragraph 1.1 hereof shall apply and
      be
      available to Shuffle Master. Upon payment of the Second Payment, Shuffle Master
      shall immediately take any and all action necessary to nullify, cancel and
      expunge the Judgment. 

     

    
      
         

      

      
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    1.3
      No
      Validity or Enforceability Challenges. VendingData
      hereby agrees not to challenge, cause to be challenged, or cooperate with others
      in challenging, directly or indirectly, the
      validity or enforceability of any of the patent claims encompassed by the
      Covenant in
      any
      court or tribunal, or before the U.S. Patent and Trademark Office (PTO), or
      in
      any arbitration proceeding, or in any other manner or proceeding.

    

    1.4 Dismissal.
      As of
      the Effective Date all
      claims and counterclaims in the Action are hereby dismissed with prejudice,
      each
      party to bear its own costs and attorneys’ fees. Concurrently herewith, the
      parties shall have executed a joint stipulation of dismissal pursuant to Federal
      Rule of Civil Procedure 41 in the form attached hereto as Exhibit B. Shuffle
      Master shall file said stipulation of dismissal as provided in Paragraph 1.2
      herein. 

    

    2.  MUTUAL
      RELEASES

    

    2.1 VendingData
      Release For Past Acts.
      Upon the
      execution of this Agreement, VendingData, on its behalf and on behalf of its
      predecessors, officers, directors, heirs, assigns, successors and attorneys,
      hereby generally and specifically releases and discharges Shuffle Master, and
      its predecessors, successors, divisions, parents, subsidiaries and each of
      their
      shareholders and assigns, successors, agents, directors, officers, employees,
      representatives, attorneys, and all persons acting by, through, under, or in
      concert with any of them, (the "SMI Releasees") from any and all claims,
      liabilities, actions, causes of action, obligations, costs, damages, attorneys'
      fees, losses, and demands, known or unknown, arising out of or relating to:
      i)
      VendingData's requests for a declaratory judgment on the '258 and '373 patents;
      ii) the claims and counterclaims asserted or which could have been asserted
      in
      the Action, including but not limited to any alleged theft, by any of the SMI
      Releasees, prior to the Effective Date, of any trade secrets, or confidential
      information, or any alleged breach of any non-disclosure agreements or other
      contracts entered into, prior to the Effective Date, by any of the Shuffle
      Master Releasees; and/or iii) any acts or omissions of any of the SMI Releasees
      prior to the Effective Date.  The above release shall not preclude
      VendingData from pursuing any x) legally available affirmative defenses in
      Civil
      Action No. CV-S-04-1373-JCM; or y) the declaratory relief counterclaim already
      pled in Civil Action No. CV-S-04-1373-JCM; nor does this release preclude
      VendingData from pursuing any other legally available affirmative defenses,
      but
      VendingData shall not be able to pursue or raise any counterclaims or causes
      of
      action related to any acts or omissions released in this paragraph 2.1 (other
      than the declaratory relief counterclaim already pled), since any such
      counterclaims and causes of action related to any acts or omissions of any
      of
      the SMI Releases prior to the Effective Date have been and are hereby released
      in this paragraph 2.1. 

     

    
      
         

      

      
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    2.2 Shuffle
      Master Release For Past Acts.
      Upon the
      execution of this Agreement, Shuffle Master, on its behalf and on behalf of
      its
      predecessors, officers, directors, heirs, assigns, successors and attorneys,
      hereby generally and specifically releases and discharges VendingData and its
      predecessors, successors, divisions, parents, subsidiaries and each of their
      shareholders and assigns, successors, agents, directors, officers, employees,
      representatives, attorneys, and all persons acting by, through, under, or in
      concert with any of them, (the "VendingData Releasees") from any and all claims,
      liabilities, actions, causes of action, obligations, costs, damages, attorneys'
      fees, losses, and demands, known or unknown, arising out of or relating to:
      i)
      any claim that any RES Shuffler infringes the claims of the '258 and '373
      patents which were actually asserted in the Action; ii) the claims and
      counterclaims asserted or which could have been asserted against the RES
      Shuffler in the Action; and/or iii) any acts or omissions of any of the
      VendingData Releasees prior to the Effective Date, provided however, that none
      of the above releases shall release any claims of Shuffle Master that
      VendingData's PokerOne shuffler infringes U.S. Patent No. 6,655,684. 

    

    3.  REPRESENTATIONS
      AND WARRANTIES. 

    

    3.1
      VendingData
      Representations and Warranty. VendingData
      represents and warrants that it has removed or disabled any counter or
      alphanumeric display in RES Shufflers within its custody or control as of the
      Effective Date of this Agreement.

     

    3.2 Shuffle
      Master Representations and Warranty.
      Shuffle
      Master represents and warrants that it has ownership of the ‘258 and ‘373
      patents, and has all necessary authority to convey the Covenant.

    

    3.3 Common
      Representations and Warranties. Each
      party represents and warrants that:

     

    
      
         

      

      
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    (a) The
      terms
      of this Agreement are contractual and are the result of negotiations by the
      parties. Each party has cooperated in the drafting and preparation of this
      Agreement. Each party has had the opportunity to draft, review and edit the
      language of this Agreement with the assistance or advice of counsel, of its
      choosing, thus no presumption for or against any party arising out of drafting
      all or any part of this Agreement will be applied in any action relating to,
      connected to, or involving this Agreement. Accordingly, each party hereby waives
      the benefit of any federal, state or local law providing that in cases of
      uncertainty, language of a contract should be interpreted against the party
      who
      caused the uncertainty to exist; and 

    

    (b) It
      has
      carefully read this Agreement, it knows and understands the contents of this
      Agreement, and it is signing this Agreement freely and without
      duress.

    

    (c) It
      has
      the full right, power and authority to enter this Agreement and perform all
      of
      its obligations set forth herein.

    

    (d) The
      consent of no other person or entity is required in order for each party to
      enter into this Agreement and to perform each of its obligations, duties or
      acts
      required of it as set forth herein.

    

    4.  MISCELLANEOUS

    

    4.1 No
      license. No
      part
      of this Agreement is intended to be, or shall be construed in any way to be,
      or
      shall be a license or right of any kind, express or implied, to VendingData
      under either the ‘258 or ‘373 patents, or under any other patent owned by or
      licensed to Shuffle Master. 

    

    4.2 Agreement
      Binding on Successors.
      Subject
      to the provisions of paragraph 1.1, this Agreement shall be binding upon and
      inure to the benefit of the heirs, executors, administrators, personal
      representatives, officers, agents, successors in interest and assigns of the
      respective parties hereto.

    

    4.3 Entire
      Agreement. This
      Agreement sets forth the entire agreement between the parties as it relates
      to
      the subject matter of this Agreement, and it replaces, supersedes any and all
      prior agreements, promises, proposals, representations, understandings,
      negotiations, written or not relating to the same.

     

    
      
         

      

      
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    4.4 Consideration.
      The
      parties hereby expressly acknowledge and agree that each and every term and
      condition of this Agreement is of the essence and constitutes a material part
      of
      the bargained for consideration, without which this Agreement would not have
      been executed. 

    

    4.5 No
      Tolling.
      Nothing
      contained herein shall toll or extend any statute of limitations respecting
      any
      claim or counterclaim (actual or potential) of either party, or toll or extend
      the limitations period for any claim or counterclaim (actual or potential)
      of
      either party.

    

    4.6 Modifications.
      This
      Agreement may only be changed or modified by a writing signed by the other
      party
      against whom enforcement of any change or modification is sought. This Agreement
      may only be amended in writing by mutual consent of the parties. A failure
      of
      either party to exercise any right provided for herein shall not be deemed
      to be
      waiver of any right hereunder.

    

    4.7
      Governing
      Law.
      This
      Agreement shall be construed in accordance with and be governed by the internal
      laws of the State of Nevada, without regard to choice of laws principles. The
      parties agree that United States District Court for the District of Nevada,
      Judge Mahan, shall retain exclusive jurisdiction over the enforcement of the
      terms and conditions of this Agreement. All disputes arising under or relating
      to this Agreement shall not be filed or otherwise brought other than before
      this
      same United States District Court for the District of Nevada. The parties
      consent to the referral of any such action to Magistrate Peggy A. Leen pursuant
      to Federal Rule for Civil Procedure 73(b). 

    

    4.8
      Confidentiality.
      The
      parties hereto acknowledge that this Agreement and the terms of this Agreement
      are confidential. Neither the parties nor their counsel may convey to third
      parties the terms of this Agreement, except that the terms of the Agreement
      may
      be disclosed to accountants, tax preparers and insurers as reasonably necessary,
      or as may be ordered by a court, or pursuant to a legal process, SEC or
      regulatory requirement, or to enforce the terms of this Agreement or otherwise
      required by contract, regulation or law.

    

    4.9 Agreement
      Not an Admission of Liability.
      The
      parties hereto agree and acknowledge that this Agreement is a compromise
      settlement of each party's disputed claims, and that the sums and covenants
      given in consideration of this Agreement, as well as the execution of this
      Agreement, shall not be construed to be an admission of liability on the part
      of
      any party with respect to the disputed matters set forth above.

     

    
      
         

      

      
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    4.10 Rescission.
      In the
      event of any breach of this Agreement, either party shall have the right to
      seek
      and recover all of its actual damages for the breach, including without
      limitation its attorneys' fees, as well as the applicable rights and remedies
      set forth in Paragraphs 1.1 and 1.2 hereof, relating to any failure by
      VendingData to timely make the Second Payment, but shall not have the right
      to
      rescind the Covenant, the dismissals or the releases granted
      herein.

    

    4.11 Execution
      of Documents.
      Each
      party shall execute such instruments and documents and do or cause to be done
      such other acts, if any, as are reasonably necessary or appropriate to effect
      the transactions contemplated by this Agreement.

    

    4.12
       Counterparts.
      This
      Agreement may be executed in any number of counterparts, each such counterpart
      shall be deemed an original instrument, and all such counterparts together
      shall
      constitute but one agreement.

    

    4.13 Warranty
      of Authority.
      Each
      person whose signature appears below represents and warrants that he or she
      is
      authorized to execute this Agreement on behalf of the respective party and
      to
      bind that party to the terms of this Agreement.

     

    
      
         

      

      
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      	Shuffle Master, Inc.	 	VendingData Corporation
	 	 	 
	By: _____________________	 	By: _____________________
	Name:___________________	 	Name:___________________
	Title:____________________	 	Title:____________________
	Date:____________________	 	Date:____________________

    

     

    
      

      
        	 	 	Casinovations, Inc.
	 	 	 
	
              	 	By: _____________________
	
              	 	Name:___________________
	
              	 	Title:____________________
	
              	 	Date:____________________

      

       

      
        

        
          	 	 	Casinovations Sales, Inc.
	 	 	 
	
                	 	By: _____________________
	
                	 	Name:___________________
	
                	 	Title:____________________
	
                	 	Date:____________________

        

         

        
          
             

          

          
            Page
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              9EXHIBIT
      A

    EXHIBIT
      10.4

     

    PERFICIENT,
      INC.

    AMENDED
      AND RESTATED 1999 STOCK OPTION/STOCK ISSUANCE PLAN

     

    RESTRICTED
      STOCK AWARD AGREEMENT

     

    

    
      	
              To:
                [NAME]

            	
              Date
                of Grant: [DATE]

            	
              Number
                of Shares:[SHARES]

            

    

    

    PERFICIENT,
      INC., a Delaware corporation, (the “Corporation”),
      is
      pleased to grant you (the “Award”)
      the
      aggregate number of Restricted Shares of the Corporation’s authorized Common
      Stock, par value $0.001 per share, listed above, subject to the terms and
      conditions set forth in this Restricted Stock Award Agreement (this
“Agreement”).
      This
      Award is granted pursuant to the Perficient, Inc. Amended and Restated 1999
      Stock Option/Stock Issuance Plan, which was adopted effective May 3, 1999,
      a
      copy of which has been furnished to you and shall be deemed a part of this
      Agreement as if fully set forth herein. If any provision of this Agreement
      conflicts with the expressly applicable terms of the Plan, the provisions of
      the
      Plan shall control and, if necessary, the applicable provisions of the Agreement
      shall be deemed to be amended to comply with the terms of the Plan. The Date
      of
      Grant of the Award and the number of Restricted Shares subject to this Award
      are
      stated above. Terms capitalized but not defined herein shall have the meaning
      set forth in the Plan. 

     

    This
      Agreement sets forth the terms of the agreement between you and the Corporation
      with respect to the Restricted Shares. By accepting this Agreement, you agree
      to
      be bound by all of the terms hereof.

     

    1.    Definitions.
      As used
      in this Agreement, the following terms have the meanings yet forth
      below:

     

    (a) “Agreement”
means
      this Restricted Stock Award Agreement.

     

    (b) “Award”
has
      the
      meaning set forth in the first paragraph of this Agreement.

     

    (c) “Board
      of Directors”
means
      the board of directors of the Corporation.

     

    (d) “Business
      Day”
means
      any day other than a Saturday, a Sunday or a day on which banking institutions
      in the State of Texas are authorized or obligated by law or executive order
      to
      close.

     

    (e) “Committee”
means
      the Compensation Committee of the Board of Directors.

     

    (f) “Common
      Stock”
means
      the authorized common stock, par value $.001 per share, as described in the
      Corporation’s Certificate of Incorporation.

     

    (g) “Corporate
      Transaction”
means
      either
      of
      the following stockholder-approved transactions to which the Corporation is
      a
party:

     

    
      
         

      

      
        A-1

        
          

        

      

      
         

      

    

    (i) a
      merger
      or consolidation in which securities possessing more than fifty percent (50%)
      of
      the total combined voting power of the Corporation’s outstanding securities are
      transferred to a person or persons different from the persons holding those
      securities immediately prior to such transaction, or

     

    (ii) the
      sale,
      transfer or other disposition of all or substantially all of the Corporation’s
      assets in complete liquidation or dissolution of the Corporation.

     

    (h) “Corporation”
means
      Perficient, Inc., a Delaware corporation.

     

    (i) “Date
      of Grant”
means
      the date designated as such in the first paragraph of this
      Agreement.

     

    (j) “Employee”
means
      an individual who is in the employ of the Corporation (or any Parent or
      Subsidiary), subject to the control and direction of the employer entity as
      to
      both the work to be performed and the manner and method of
      performance.

     

    (k) “Exchange
      Act”
means
      the Securities Exchange Act of 1934.

     

    (l) “Fair
      Market Value”
per
      share of Common Stock on any relevant date shall be determined in accordance
      with the following provisions:

     

    (i) If
      the
      Common Stock is at the time traded on the Nasdaq National Market, then the
      Fair
      Market Value shall be the closing selling price per share of Common Stock on
      the
      date in question, as the price is reported by the National Association of
      Securities Dealers on the Nasdaq National Market. If there is no closing selling
      price for the Common Stock on the date in question, then the Fair Market Value
      shall be the closing selling price on the last preceding date for which such
      quotation exists;

     

    (ii) If
      the
      Common Stock is at the time listed on any Stock Exchange, then the Fair Market
      Value shall be the closing selling price per share of Common Stock on the date
      in question on the Stock Exchange determined by the Board to be the primary
      market for the Common Stock, as such price is officially quoted in the composite
      tape of transactions on such exchange. If there is no closing selling price
      for
      the Common Stock on the date in question, then the Fair Market Value shall
      be
      the closing selling price on the last preceding date for which such quotation
      exists; or

     

    (iii) If
      shares
      of Common Stock are not traded on the Nasdaq National Market as provided in
      subparagraph (i) or listed on any Stock Exchange as provided in subparagraph
      (ii) as of the date of determining Fair Market Value, then the Fair Market
      Value
      shall be determined in good faith by the Plan Administrator which determination
      shall be conclusive for all purposes.

     

    (m) “Involuntary
      Termination”
means
      the termination of your Service which occurs by reason of:

     

    (i) Your
      involuntary dismissal or discharge by the Corporation for reasons other than
      Misconduct, or

     

    
      
         

      

      
        A-2

        
          

        

      

      
         

      

    

    (ii) Your
      voluntary resignation following (A) a change in your position with the
      Corporation (or the Parent or the Subsidiary employing you) which materially
      reduces your duties and responsibilities or the level of management to which
      you
      report, (B) a reduction in your level of compensation (including base salary,
      fringe benefits and target bonus under any corporate performance-based bonus
      or
      incentive programs) by more than fifteen percent (15%) or (C) a relocation
      of
      your place of employment by more than fifty (50) miles, provided and only if
      such change, reduction or relocation is effected without your
      consent.

     

    (n) “Misconduct”
      means
the
      commission of any act of fraud,
      embezzlement or dishonesty by you, any unauthorized
      use or disclosure by you of confidential information or trade
      secrets of the Corporation (or any Parent or Subsidiary), or any intentional
      wrongdoing by you, whether by omission or commission, which adversely
      affects the business or affairs of the Corporation (or any Parent or
Subsidiary)
      in a material manner. This shall not limit the grounds for the dismissal
      or discharge of any person in the Service of the Corporation (or any
Parent
      or
      Subsidiary).

     

    (o) “Nasdaq”
means
      the National Association of Securities Dealers, Inc. Automated Quotations,
      Inc.

     

    (p) “Stock”
means
      Common Stock, or any other securities that are substituted for Stock as provided
      in Paragraph 7.

     

    (q) “Parent”
means
      any corporation (other than the Corporation) in an unbroken chain of
      corporations ending with the Corporation, provided each corporation in the
      unbroken chain (other than the Corporation) owns, at the time of the
      determination, stock possessing fifty percent (50%) or more of the total
      combined voting power of all classes of stock in one of the other corporations
      in such chain.

     

    (r) “Restricted
      Shares”
means
      the shares of Stock subject to the restrictions specified in Paragraph 4 of
      this
      Agreement.

     

    (s) “Service”
means
      your performance of services for the Corporation (or any Parent or Subsidiary)
      in the capacity of an Employee, a non-employee member of the board of directors
      or a consultant or independent advisor. With respect to the Restricted Shares,
      the Committee may, in its sole discretion, determine that if you are on leave
      of
      absence for any reason you will be considered to still be in Service to the
      Corporation.

     

    (t) “Subsidiary”
means
      any corporation (other than the Corporation) in an unbroken chain of
      corporations beginning with the Corporation, provided each corporation (other
      than the last corporation) in the unbroken chain owns, at the time of the
      determination, stock possessing fifty percent (50%) or more of the total
      combined voting power of all classes of stock in one of the other corporations
      in such chain.

     

    2.     Escrow
      of Restricted Shares.
      The
      Corporation shall issue in your name a certificate or certificates representing
      the Restricted Shares and retain that certificate or those certificates until
      the restrictions on such Restricted Shares expire as described in Paragraph
      5 of
      this Agreement or the Restricted Shares are forfeited as contemplated in
      Paragraph 4 of this Agreement. You shall execute one or more stock powers in
      blank for those certificates and deliver those stock powers to the Corporation.
      You hereby agree that the Corporation shall hold the certificate or certificates
      representing the Restricted Shares and the related stock powers pursuant to
      the
      terms of this Agreement until such time as such certificate or certificates
      are
      either delivered to you or canceled pursuant to this Agreement.

     

    
      
         

      

      
        A-3

        
          

        

      

      
         

      

    

    3.     Ownership
      of Restricted Shares.
      From
      and after the time that a certificate or certificates representing the
      Restricted Shares has been issued in your name, you will be entitled to all
      the
      rights of absolute ownership of the Restricted Shares, including the right
      to
      vote those shares and to receive dividends thereon if, as, and when declared
      by
      the Board of Directors, subject, however, to the terms, conditions and
      restrictions set forth in this Agreement.

     

    4.     Restrictions;
      Forfeiture.
      The
      Restricted Shares are restricted in that they may not be sold, transferred
      or
      otherwise alienated or hypothecated until such restrictions are removed or
      expire as described in Paragraph 5 of this Agreement. The Restricted Shares
      are
      also restricted in the sense that they may be forfeited to the Corporation.
      You
      hereby agree that if the Restricted Shares are forfeited as provided in
      Paragraph 6, the Corporation shall have the right to deliver the certificate(s)
      representing the Restricted Shares, along with the stock power(s) described
      in
      Paragraph 2 of this Agreement, to the Corporation’s transfer agent for
      cancellation or, at the Corporation’s election, for transfer to the Corporation
      to be held by the Corporation in treasury or any designee of the
      Corporation.

     

    5.     Expiration
      of Restrictions and Risk of Forfeiture.
      The
      restrictions on all of the Restricted Shares granted pursuant to this Agreement
      will expire and become transferable and nonforfeitable according to the schedule
      set forth in this Paragraph 5; provided, however, that such restrictions will
      expire on such dates only if you have been performing Service continuously
      since
      the Date of Grant through the applicable vesting date. 

     

    
      	
              On
                or After Each of the Following 

              Vesting
                Dates

            	
              Cumulative
                Percentage of Shares as to 

              Which
                the Restricted Shares are 

              Transferable
                and Nonforfeitable

            
	
              [DATE]

            	
              [NUMBER]%

            
	
              [DATE]

            	
              [NUMBER]%

            
	
              [DATE]

            	
              [NUMBER]%

            
	
              [DATE]

            	
              [NUMBER]%

            
	
              [DATE]

            	
              [NUMBER]%

            

    

     

    6.    Termination
      of Service.

     

    (a) Intentionally
      Left Blank

     

    (b) Other
      Termination.
      If your
      Service is terminated for any reason, including your death or disability, then
      that portion, if any, of this Award for which restrictions have not lapsed
      as of
      the date of termination shall become null and void; provided, however, that
      the
      portion, if any, of this Award for which restrictions have expired as of the
      date of such termination shall survive such termination.

     

    
      
         

      

      
        A-4

        
          

        

      

      
         

      

    

    7.    Adjustment
      Provisions.

     

    Adjustment
      of Award.
      The
      terms of the Award and the number of Restricted Shares granted hereunder shall
      be subject to adjustment, from time to time, in accordance with the following
      provisions:

     

    (a) If
      at any
      time or from time to time, the Corporation shall subdivide as a whole (by
      reclassification, by a Stock split, by the issuance of a distribution on Stock
      payable in Stock, or otherwise) the number of shares of Stock then outstanding
      into a greater number of shares of Stock, then the number of Restricted Shares
      granted under the Award shall be increased proportionately.

     

    (b) If
      at any
      time or from time to time the Corporation shall consolidate as a whole (by
      reclassification, reverse Stock split, or otherwise) the number of shares of
      Stock then outstanding into a lesser number of shares of Stock, the number
      of
      Restricted Shares granted under the Award shall be decreased
      proportionately.

     

    (c) Whenever
      the number of Restricted Shares subject to the Award is required to be adjusted
      as provided in this Paragraph 7 the Corporation shall, within thirty (30) days
      following such adjustment, prepare and give to you a notice setting forth,
      in
      reasonable detail, the event requiring adjustment, the amount of the adjustment,
      the method by which such adjustment was calculated, and the change in the number
      of Restricted Shares subject to the Award after giving effect to the
      adjustment.

     

    (d) Adjustments
      under Paragraphs 7(a) and (b) shall be made by the Committee, and its
      determination as to what adjustments shall be made and the extent thereof shall
      be final, binding and conclusive. No fractional interest shall be issued on
      account of any such adjustments.

     

    8.    Delivery
      of Certificates of Stock.
      Promptly following the expiration of the restrictions on the Restricted Shares
      as contemplated in Paragraph 5 of this Agreement, and subject to Paragraph
      9,
      the Corporation shall cause to be issued and delivered to you or your designee
      a
      certificate representing the number of Restricted Shares as to which
      restrictions have lapsed, free of any restrictive legend relating to the lapsed
      restrictions, upon receipt by the Corporation of any tax withholding as may
      be
      requested. The value of such Restricted Shares shall not bear any interest
      owing
      to the passage of time.

     

    9.    Conditions
      to Delivery of Stock.
      Nothing
      herein shall require the Corporation to issue any shares with respect to the
      Award if that issuance would, in the opinion of counsel for the Corporation,
      constitute a violation of the Securities Act of 1933 or any similar or
      superseding statute or statutes, any other applicable statute or regulation,
      or
      the rules of any applicable securities exchange or securities association,
      as
      then in effect. 

     

    10.    Securities
      Act Legend.
      Certificates for shares of Stock, when issued, may have the following legend,
      or
      statements of other applicable restrictions endorsed thereon and may not be
      immediately transferable:

     

    
      
         

      

      
        A-5

        
          

        

      

      
         

      

    

    THE
      SHARES OF STOCK REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER
      THE SECURITIES ACT OF 1933 OR ANY STATE SECURITIES LAWS. THE SHARES MAY NOT
      BE
      OFFERED FOR SALE, SOLD, PLEDGED, TRANSFERRED, OR OTHERWISE DISPOSED OF UNTIL
      THE
      HOLDER HEREOF PROVIDES EVIDENCE SATISFACTORY TO THE ISSUER (WHICH, IN THE
      DISCRETION OF THE ISSUER, MAY INCLUDE AN OPINION OF COUNSEL SATISFACTORY TO
      THE
      ISSUER) THAT SUCH OFFER, SALE, PLEDGE, TRANSFER, OR OTHER DISPOSITION WILL
      NOT
      VIOLATE APPLICABLE FEDERAL OR STATE LAWS.

     

    This
      legend shall not be required for shares of Stock issued pursuant to an effective
      registration statement under the Securities Act of 1933.

     

    11.   Legend
      Regarding Restrictions on Transfer.
      Each
      certificate representing shares issued to you pursuant to this Agreement shall
      bear the following legend with respect to the restrictions on transferability
      contained in this Agreement:

     

    THE
      SHARES OF STOCK REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO RESTRICTIONS
      ON
      TRANSFERABILITY IMPOSED BY THAT CERTAIN RESTRICTED STOCK AWARD AGREEMENT BETWEEN
      PERFICIENT, INC. (THE “CORPORATION”) AND __________________ DATED AS OF
      _____________________, AND MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE ALIENATED
      OR HYPOTHECATED EXCEPT AS THEREIN PROVIDED. THE CORPORATION WILL FURNISH A
      COPY
      OF SUCH AGREEMENT TO THE RECORD HOLDER OF THIS CERTIFICATE WITHOUT CHARGE ON
      REQUEST TO THE CORPORATION AT ITS PRINCIPAL PLACE OF BUSINESS OR REGISTERED
      OFFICE.

     

    12.    Rights
      as a Stockholder.
      You
      shall have no right as a stockholder with respect to any Restricted Shares
      until
      a certificate representing those shares is issued in your name. No adjustment
      shall be made for dividends (ordinary or extraordinary, whether in cash or
      other
      property) or distributions or other rights for which the record date is before
      the date that certificate is issued, except as contemplated by Paragraph
      7.

     

    13.    Furnish
      Information.
      You
      agree to furnish to the Corporation all information requested by the Corporation
      to enable it to comply with any reporting or other requirement imposed upon
      the
      Corporation by or under any applicable statute or regulation.

     

    14.    Remedies.
      The
      Corporation shall be entitled to recover from you reasonable attorneys’ fees
      incurred in connection with the enforcement of the terms and provisions of
      this
      Agreement whether by an action to enforce specific-performance or for damages
      for its breach or otherwise.

     

    
      
         

      

      
        A-6

        
          

        

      

      
         

      

    

    15.    Information
      Confidential.
      As
      partial consideration for the granting of the Award hereunder, you hereby agree
      with the Corporation that you will keep confidential all information and
      knowledge that you have relating to the terms and conditions of this Agreement;
      provided, however, that such information may be disclosed as required by law
      and
      may be given in confidence to your spouse, tax and financial advisors, or to
      a
      financial institution to the extent that such information is necessary to secure
      a loan. In the event any breach of this promise comes to the attention of the
      Corporation, it shall take into consideration that breach in determining whether
      to recommend the grant of any future similar award to you, as a factor
      militating against the advisability of granting any such future award to
      you.

     

    16.    Consideration.
      No
      restriction on the Restricted Shares shall lapse unless and until you have
      performed services for the Corporation or any of its Subsidiaries that the
      Corporation believes is equal to or greater in value than the par value of
      the
      Stock subject to this Award.

     

    17.    Payment
      of Taxes.
      The
      Corporation may from time to time, in its discretion, require you to pay to
      the
      Corporation (or a Subsidiary or Parent if you are an employee of a Subsidiary
      or
      Parent), the amount that the Corporation deems necessary to satisfy the
      Corporation’s or its Parent’s or its Subsidiary’s current or future obligation
      to withhold federal, state or local income or other taxes that you incur as
      a
      result of the Award. With respect to any required tax withholding, you may
      a)
      direct
      the Corporation to withhold from the shares of Stock to be issued to you the
      number of shares necessary to satisfy the Corporation’s obligation to withhold
      taxes, that determination to be based on the shares’ Fair Market Value at the
      time as of which such determination is made; b)
      deliver
      to the Corporation sufficient shares of Stock to satisfy the Corporation’s tax
      withholding obligations, based on the shares’ Fair Market Value at the time as
      of which such determination is made; or c)
      deliver
      sufficient cash to the Corporation to satisfy its tax withholding obligations.
      If you elect to use such a stock withholding feature, you must make the election
      at the time and in the manner that the Corporation prescribes. The Corporation
      may, at its sole option, deny your request to satisfy withholding obligations
      through Stock instead of cash. In the event the Corporation subsequently
      determines that the aggregate Fair Market Value (as determined above) of any
      shares of Stock withheld as payment of any tax withholding obligation is
      insufficient to discharge that tax withholding obligation, then you shall pay
      to
      the Corporation, immediately upon the Corporation’s request, the amount of that
      deficiency.

     

    18.    Right
      of the Corporation, Parent and Subsidiary to Terminate
      Service.
      Nothing
      contained in this Agreement shall confer upon you the right to continue in
      Service with the Corporation or any Parent or any Subsidiary, or interfere
      in
      any way with the rights of the Corporation or any Parent or any Subsidiary
      to
      terminate your Service at any time.

     

    19.    No
      Liability for Good Faith Determinations.
      The
      Corporation and the members of the Board of Directors shall not be liable for
      any act, omission or determination taken or made in good faith with respect
      to
      this Agreement or the Restricted Shares granted hereunder.

     

    20.    Amendment.
      The
      Option may be amended by the Board or by the Committee at any time d)
      if the
      Board or the Committee determines, in its sole discretion, that amendment is
      necessary or advisable in light of any addition to or change in any federal
      or
      state, tax or securities law or other law or regulation, which change occurs
      after the Date of Grant and by its terms applies to the Option; or e)
      other
      than in the circumstances described in clause (a) or provided in the Plan,
      with
      your consent. 

     

    
      
         

      

      
        A-7

        
          

        

      

      
         

      

    

    21.    Execution
      of Receipts and Releases.
      Any
      payment of cash or any issuance or transfer of shares of Stock or other property
      to you, or to your legal representative, heir, legatee or distributee, in
      accordance with the provisions hereof, shall, to the extent thereof, be in
      full
      satisfaction of all claims of such persons hereunder. The Corporation may
      require you or your legal representative, heir, legatee or distributee, as
      a
      condition precedent to such payment or issuance, to execute a release and
      receipt therefor in such form as it shall determine. 

     

    22.    No
      Guarantee of Interests.
      The
      Board of Directors and the Corporation do not guarantee the Stock of the
      Corporation from loss or depreciation.

     

    23.    Corporation
      Records.
      Records
      of the Corporation or its Subsidiaries regarding your period of Service,
      termination of Service and the reason therefor, leaves of absence,
      re-employment, and other matters shall be conclusive for all purposes hereunder,
      unless determined by the Corporation to be incorrect.

     

    24.    Corporation
      Action.
      Any
      action required of the Corporation shall be by resolution of its Board of
      Directors or by a person authorized to act by resolution of the Board of
      Directors.

     

    25.    Severability.
      If any
      provision of this Agreement is held to be illegal or invalid for any reason,
      the
      illegality or invalidity shall not affect the remaining provisions hereof,
      but
      such provision shall be fully severable and this Agreement shall be construed
      and enforced as if the illegal or invalid provision had never been included
      herein.

     

    26.    Notices.
      Whenever any notice is required or permitted hereunder, such notice must be
      in
      writing and personally delivered or sent by mail. Any such notice required
      or
      permitted to be delivered hereunder shall be deemed to be delivered on the
      date
      on which it is personally delivered, or, whether actually received or not,
      on
      the third Business Day after it is deposited in the United States mail,
      certified or registered, postage prepaid, addressed to the person who is to
      receive it at the address which such person has theretofore specified by written
      notice delivered in accordance herewith. 

     

    The
      Corporation and you agree that any notices shall be given to the Corporation
      or
      to you at the following address; provided that the Corporation or you may
      change, at any time and from time to time, by written notice to the other,
      the
      address which it or he had previously specified for receiving
      notices.

     

    
      	
              Corporation
                or Board of 

              Directors:

            	 
	
              Holder:

            	
              At
                your current address as shown in the 

              Corporation’s
                records

            

    

    

    
      
         

      

      
        A-8

        
          

        

      

      
         

      

    

    27.    Waiver
      of Notice.
      Any
      person entitled to notice hereunder may waive such notice.

     

    28.    Successors.
      This
      Agreement shall be binding upon you, your legal representatives, heirs, legatees
      and distributees, and upon the Corporation, its successors and
      assigns.

     

    29.    Headings.
      The
      titles and headings of Paragraphs are included for convenience of reference
      only
      and are not to be considered in construction of the provisions hereof.

     

    30.    Governing
      Law.
      All
      questions arising with respect to the provisions of this Agreement shall be
      determined by application of the laws of the State of Texas except to the extent
      Texas law is preempted by federal law. The obligation of the Corporation to
      sell
      and deliver Stock hereunder is subject to applicable laws and to the approval
      of
      any governmental authority required in connection with the authorization,
      issuance, sale, or delivery of such Stock.

     

    31.    Word
      Usage.
      Words
      used in the masculine shall apply to the feminine where applicable, and wherever
      the context of this Agreement dictates, the plural shall be read as the singular
      and the singular as the plural.

     

    [THE
      REMAINDER OF THIS PAGE HAS BEEN LEFT INTENTIONALLY BLANK]

     

     

     

     

    
      
         

      

      
        A-9

        
          

        

      

      
         

      

    

    IN
      WITNESS WHEREOF,
      the
      Corporation has caused this Agreement to be executed by its duly authorized
      officer as of the Date of Grant first above written.

     

    
      	 	 	 
	 	PERFICIENT,
              INC.
	 
 	 
 	 
 
	 	By:  	 
	 	
              
[NAME]
	 	[TITLE] 

    

     

    
      	ACKNOWLEDGED
              AND AGREED:	 	 	 
	 	 	 	 
	
              

            	 	 	
            
	[NAME]	 	 	

     

    
      
         

      

      
        A-10

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