Document:

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[PRINCIPAL LOGO]                                         PRINCIPAL TRUST COMPANY

     PLAN NAME: THE EXECUTIVE NONQUALIFIED EXCESS PLAN OF MEADOWBROOK, INC.
                                 TRUST AGREEMENT

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                               TABLE OF CONTENTS

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Section 1.  Trust Fund......................................       2
    1.1 Definitions and Construction........................       2
    1.2 Trust Fund..........................................       3
    1.3 Non-diversion of Funds..............................       3
Section 2.  Investment and Administration...................       3
    2.1 Collection of Contributions.........................       3
    2.2 General.............................................       3
    2.3 Appointment of Investment Manager...................       3
    2.4 Investment Decisions................................       4
    2.5 Investment in Short-Term Obligation.................       5
    2.6 Trustee's Administrative Authority..................       5
    2.7 Substitution of Assets..............................       7
Section 3.  Trustee and Committee...........................       8
    3.1 Committee...........................................       8
    3.2 Trustee's Reliance..................................       8
    3.3 Legal Counsel.......................................       8
    3.4 Liability Under the Plan............................       8
Section 4.  Distributions from the Trust Fund...............       8
    4.1 General.............................................       8
    4.2 Direction by the Committee..........................       8
    4.3 Method of Payment...................................       9
    4.4 Special Distributions...............................       9
    4.5 Payments to Employer................................       9
Section 5.  Trustee's and Committee's Responsibilities......       9
    5.1 General Standard of Care............................       9
    5.2 No Liability for Acts of Others.....................      10
Section 6.  Trustee's Accounts..............................      10
    6.1 Accounts............................................      10
    6.2 Valuation of Trust Fund.............................      10
    6.3 Reports to the Committee............................      10
    6.4 Right of Judicial Settlement........................      11
    6.5 Enforcement of Agreement............................      11
Section 7.  Taxes; Compensation of Trustee..................      11
    7.1 Taxes...............................................      11
    7.2 Compensation of Trustee; Expenses...................      11
Section 8.  Resignation and Removal of Trustee..............      11
    8.1 Resignation or Removal of Trustee...................      11
    8.2 Appointment of Successor............................      12
    8.3 Succession..........................................      12
    8.4 Successor Bound by Agreement........................      12
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Section 9.  Trustee Responsibility Regarding Payments to
 Trust Beneficiaries When Employer Is Insolvent.............      12
    9.1 Direction...........................................      12
    9.2 Insolvency..........................................      13
    9.3 Resumption of Payments..............................      13
Section 10. Amendment and Irrevocability....................      13
Section 11. Miscellaneous...................................      13
    11.1  Binding Effect; Assignability.....................      13
    11.2  Governing Law.....................................      14
    11.3  Notices...........................................      14
    11.4  Severability......................................      14
    11.5  Waiver............................................      14
    11.6  Non-Alienation....................................      14
    11.7  Headings..........................................      14
    11.8  Construction of Language..........................      15
    11.9  Counterparts......................................      15
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     PLAN NAME: THE EXECUTIVE NONQUALIFIED EXCESS PLAN OF MEADOWBROOK, INC.
                                 TRUST AGREEMENT

            THIS TRUST AGREEMENT, made as of the 30th day of March, 2006, by and
between Meadowbrook, Inc. ("Employer") and Delaware Charter Guarantee & Trust
Company, conducting business as Principal Trust Company ("Trustee").

                             W I T N E S S E T H :

            WHEREAS, the Employer has adopted the Executive Nonqualified Excess
Plan of Meadowbrook, Inc. (the "Plan") to provide benefits for certain
participants of the Employer and its designated affiliates; and

            WHEREAS, the Employer wishes to establish a Trust Fund (as
hereinafter defined) to aid it in accumulating the amounts necessary to satisfy
its contractual liability to pay benefits under the terms of the Plan; and

            WHEREAS, the Employer presently intends to make contributions to
this Trust Fund from time to time to be applied in payment of the Employer's
obligations under the Plan; and

            WHEREAS, the Employer is obligated to pay all benefits from its
general assets to the extent not paid by this Trust Fund, and the establishment
of this Trust Fund shall not reduce or otherwise affect the Employer's
continuing liability to pay benefits from such assets, except that the
Employer's liability shall be offset by actual benefit payments made from this
Trust Fund;

            WHEREAS, the trust established by this Agreement is intended to be a
"grantor trust" with the result that the corpus and income of the trust be
treated as assets and income of the Employer pursuant to Sections 671 through
679 of the Internal Revenue Code of 1986, as amended (the "Code"); and

            WHEREAS, the Employer intends that the Trust Fund shall at all times
be subject to the claims of its creditors as herein provided and that the Plan
not be deemed funded within the meaning of the Employee Retirement Income
Security Act of 1974, as amended ("ERISA"), solely by virtue of the existence of
this Trust;

            NOW, THEREFORE, in consideration of the premises and the mutual
covenants contained herein, the Employer and the Trustee hereby agree as
follows:

Section 1. Trust Fund:

1.1   Definitions and Construction. Unless the context of this Agreement clearly
      indicates otherwise, the terms defined in the Plan shall, when used
      herein, have the same meaning as in the Plan. The headings in this
      Agreement are used for the convenience of reference only and are to be
      ignored in any constructions of the provisions hereof.

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1.2   Trust Fund. The Employer hereby establishes with the Trustee a trust,
      pursuant to the Plan, in which may be deposited such sums of money as
      shall from time to time be paid or delivered to or deposited with the
      Trustee by or with the approval of the Employer in accordance with terms
      of the Plan. Neither the Trustee nor any Plan participant or beneficiary
      shall have the right to compel such deposits. All such deposits, all
      investments and reinvestments thereof and all earnings, appreciation and
      additions allocable thereto, less losses, depreciation and expenses
      allocable thereto and any payments made therefrom as authorized under the
      Plan or this Agreement shall constitute the "Trust Fund." The Trust Fund
      shall be held, managed and administered by the Trustee, IN TRUST, and
      dealt with in accordance with the provisions of this Agreement and in
      accordance with any funding policy or guidelines established under the
      Plan that are communicated in writing to the Trustee.

1.3   Non-diversion of Funds. Notwithstanding anything to the contrary contained
      in this Agreement or any amendment thereto, no part of the Trust Fund
      other than such expenses, fees, indemnities and taxes properly charged to
      the Trust Fund under the Plan or this Agreement shall be used for or
      diverted to purposes other than for the exclusive benefit of Plan
      participants and their beneficiaries; provided, however, that the Trust
      Fund shall at all times be subject to the claims of the general creditors
      of the Employer. Any rights created under the Plan and this Agreement
      shall be mere unsecured contractual rights of Plan participants and their
      beneficiaries against the Employer.

Section 2. Investment and Administration:

2.1   Collection of Contributions. The Trustee shall have no authority over and
      shall have no responsibility for the administration of the Plan. The
      Trustee shall be under no duty to enforce the payment of any contribution
      to the Trust Fund and shall not be responsible for the adequacy of the
      Trust Fund to satisfy any obligations for benefits expenses and
      liabilities under the Plan. In addition to making contributions, the
      Employer, through the Committee, shall furnish the Trustee with such
      information and data relative to the Plan as is necessary for the proper
      administration of the Trust Fund.

2.2   General. The Trust Fund shall be held by the Trustee and shall be invested
      and reinvested as hereinafter provided in this Section 2, without
      distinction between principal and income and without regard to the
      restrictions of the laws of any jurisdiction relating to the investment of
      trust funds.

2.3   Appointment of Investment Manager.

      (a)   The Committee may, in its discretion, appoint an investment manager
            ("Investment Manager") to direct the investment and reinvestment of
            all or any portion of the Trust Fund. Any such Investment Manager
            shall either (i) be registered as an investment adviser under the
            Investment Advisers Act of 1940, as amended ("Investment Advisers
            Act"); (ii) be a bank, as defined in the Investment Advisers Act; or
            (iii) be an insurance company qualified to perform investment
            services under the laws of more than one state.

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      (b)   The Committee shall give written notice to the Trustee of the
            appointment of an Investment Manager pursuant to Section 2.3(a).
            Such notice shall include: (i) a specification of the portion of the
            Trust Fund to which the appointment applies; (ii) a certification by
            the Committee that the Investment Manager satisfies the requirements
            of Section 2.3(a)(i), (ii) or (iii); (iii) a copy of the instruments
            appointing the Investment Manager and evidencing the Investment
            Manager's acceptance of the appointment; (iv) directions as to the
            manner in which the Investment Manager is authorized to give
            instructions to the Trustee, including the persons authorized to
            give instructions and the number of signatures required for any
            written instruction; (v) an acknowledgment by the Investment Manager
            that it is a fiduciary of the Plan; and (vi) if applicable, a
            certificate evidencing the Investment Manager's current registration
            under the Investment Advisers Act. For purposes of this Agreement,
            the appointment of an Investment Manager pursuant to this Section
            2.3 shall become effective as of the effective date specified in
            such notice, or, if later, as of the date on which the Trustee
            receives proper notice of such appointment.

      (c)   The Committee shall give written notice to the Trustee of the
            resignation or removal of an Investment Manager previously appointed
            pursuant to this Section 2.3. From and after the date on which the
            Trustee receives such notice, or, if later, the effective date of
            the resignation or removal specified in such notice, the Committee
            shall be responsible, in accordance with Section 2.4, for the
            investment and reinvestment of the portion of the Trust Fund
            theretofore managed by such Investment Manager, until such time as a
            successor Investment Manager has been duly appointed pursuant to
            this Section 2.3.

2.4   Investment Decisions.

      (a)   The Trustee shall invest and reinvest the Trust Fund in accordance
            with the directions of the Committee, or, to the extent provided in
            Section 2.3, in accordance with the directions of an Investment
            Manager. The Trustee shall be under no duty or obligation to review
            any investment to be acquired, held or disposed of pursuant to such
            directions nor to make any recommendation with respect to the
            disposition or continued retention of any such investment. The
            Trustee shall have no liability or responsibility for its action or
            inaction pursuant to the direction of, or its failure to act in the
            absence of directions from, the Committee or an Investment Manager,
            except to the extent provided in Section 5.2. The Employer hereby
            agrees to indemnify the Trustee and hold it harmless from and defend
            it against any claim or liability which may be asserted against the
            Trustee by reason of any action or inaction by it pursuant to a
            direction by the Committee or by an Investment Manager or failing to
            act in the absence of any such direction.

      (b)   The Committee or an Investment Manager appointed pursuant to Section
            2.3 may, at any time and from time to time, issue orders for the
            purchase or sale of securities directly to a broker; and in order to
            facilitate such transaction, the Trustee upon request shall execute
            and deliver appropriate trading authorizations. Written notification
            of the issuance of each such order shall be given promptly to the
            Trustee by the Committee or the Investment Manager,

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            and the execution of each such order shall be confirmed by written
            advice to the Trustee by the broker. Such notification shall be
            authority for the Trustee to pay for securities purchased against
            receipt thereof and to deliver securities sold against payment
            therefor, as the case may be.

      (c)   To the extent that neither the Committee nor an Investment Manager
            furnishes directions as to the investment of the Trust Fund, the
            Trustee shall invest and reinvest the Trust Fund in any savings
            account, time or other interest-bearing deposit in or other
            interest-bearing obligation of any one or more savings banks,
            savings and loan associations, banks or other financial
            institutions.

2.5   Investment in Short-Term Obligation. Notwithstanding any provisions of
      this Section 2 to the contrary, the Trustee or its designee, upon the
      direction of the Committee, may retain uninvested cash or cash balances,
      in whatever portion of the Trust Fund that it may deem advisable, without
      being required to pay interest thereon. Pending investment, the Trustee,
      in its sole discretion, may temporarily invest any funds held or received
      by it for investment in an investment fund established to invest funds
      held thereunder in commercial paper or in obligations of, or guaranteed
      by, the United States government or any of its agencies.

2.6   Trustee's Administrative Authority.

      (a)   In addition to and not by way of limitation of any other powers
            conferred upon the Trustee by law or by other provisions of this
            Agreement, but subject to the provisions of Section 1.3 and this
            Section 2, the Trustee or its designee is authorized and empowered:

            (i)   to invest and reinvest part or all of the Trust Fund in
                  accordance with funding policies which may be established by
                  the Committee from time to time in such assets as the Trustee
                  deems appropriate (including common and preferred stocks of
                  the Employer), bonds, debentures, mutual fund shares, notes,
                  commercial paper, treasury bills, options, partnership
                  interests, venture capital investments, any common,
                  commingled, collective trust funds or pooled investment funds
                  (including such funds for which the Trustee serves as
                  investment manager), contracts and policies issued by an
                  insurance company, any interest bearing deposits held by any
                  bank or similar financial institution, and any other real or
                  personal property;

            (ii)  in accordance with directions from the Committee, to apply
                  for, pay premiums on and maintain in force on the lives of
                  Plan participants, individual ordinary or individual or group
                  term or universal life insurance policies, variable universal
                  life insurance policies, survivorship life insurance policies
                  or annuity policies ("policies") and to have with respect to
                  such policies all of the rights, powers, options, privileges
                  and benefits usually comprised in the term "incidents of
                  ownership" and normally vested in an owner of such policies;

            (iii) to sell, exchange, convey, transfer or dispose of and also to
                  grant options with respect to any property, whether real or
                  personal, at any time held by it, and any

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                  sale may be made by private contract or by public auction, and
                  for cash or upon credit, or partly for cash and partly upon
                  credit, and no person dealing with the Trustee shall be bound
                  to see the application of the purchase money or to inquire
                  into the validity, expediency or propriety of any such sale or
                  other disposition;

            (iv)  to retain, manage, operate, repair and rehabilitate and to
                  mortgage or lease for any period any real estate held by it
                  and, in its discretion, cause to be formed any corporation or
                  trust to hold title to any such real property;

            (v)   to vote in person or by proxy on any stocks, bonds, or other
                  securities held by it, including any shares of mutual funds
                  held by it, to exercise any options appurtenant to any stocks,
                  bonds or other securities for the conversion thereof into
                  other stocks, bonds or securities, or to exercise any rights
                  to subscribe for additional stocks, bonds or other securities
                  and to make any and all necessary payment therefor and to
                  enter into any voting trust;

            (vi)  with respect to any investment, to join in, dissent from, or
                  oppose any action or inaction of any corporation, or of the
                  directors, officers or stockholders of any corporation,
                  including, without limitation, any reorganization,
                  recapitalization, consolidation, liquidation, sale or merger;

            (vii) to settle, adjust, compromise, or submit to arbitration any
                  claims, debts or damages due or owing to or from the Trust
                  Fund; and

            (viii) to deposit any property with any protective, reorganization
                  or similar committee, to delegate power thereto and to pay and
                  agree to pay part of its expenses and compensation and any
                  assessments levied with respect to any property so deposited;
                  and

            (ix)  to delegate administrative duties to a designee.

            In exercising such powers with respect to any portion of the Trust
            Fund that is invested pursuant to directions of the Committee or of
            an Investment Manager, the Trustee shall act in accordance with
            directions provided by the Committee or Investment Manager. The
            Trustee shall be under no duty or obligation to review any action to
            be taken, nor to recommend any action, pursuant to this Section
            2.6(a) with respect to any portion of the Trust Fund that is under
            the direction of the Committee or an Investment Manager. The Trustee
            shall have no liability or responsibility for its action or inaction
            pursuant to the direction of, or its failure to act in the absence
            of directions from, the Committee or an Investment Manager, except
            to the extent provided in Section 5.2. The Employer hereby agrees to
            indemnify the Trustee and hold it harmless from and defend it
            against any claim or liability which may be asserted against the
            Trustee by reason of any action or inaction by it pursuant to a
            direction given by the Committee or by an Investment Manager or
            failing to act in the absence of any such direction.

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      (b)   In addition to and not by way of limitation of any other powers
            conferred upon the Trustee by law or other provisions of this
            Agreement, but subject to Section 1.3 and this Section 2, the
            Trustee is authorized and empowered, in its discretion:

            (i)   to commence or defend suits or legal proceedings, and to
                  represent the Trust Fund in all suits or legal proceedings in
                  any court or before any other body or tribunal;

            (ii)  to register securities in its name or in the name of any
                  nominee or nominees with or without indication of the capacity
                  in which the securities shall be held, or to hold securities
                  in bearer form;

            (iii) to borrow or raise monies for the purposes of the Trust from
                  any lender, except the Trustee, in its individual capacity,
                  and for any sum so borrowed to issue its promissory note as
                  Trustee and to secure the repayment thereof by pledging all or
                  any part of the Trust Fund, and no person lending money to the
                  Trustee shall be bound to see the application of the money
                  loaned or to inquire into the validity, expediency of
                  propriety of any such borrowing;

            (iv)  to make distributions in cash upon the direction of the
                  Committee;

            (v)   to withhold the appropriate amount of taxes from a
                  participant's distribution as directed by the Committee;

            (vi)  to employ such agents, brokers, counsel and accountants as the
                  Trustee shall deem advisable and to be reimbursed by the
                  Employer for their reasonable expenses and compensation;

            (vii) to make, execute, acknowledge, and deliver any and all deeds,
                  leases, assignments and instruments; and

            (viii) generally to do all acts which the Trustee may deem necessary
                  or desirable for the administration and protection of the
                  Trust Fund.

            Notwithstanding any powers granted to the Trustee pursuant to this
            Agreement or by applicable law, the Trustee shall not have any power
            that could give the Trust the objective of carrying on a business
            and dividing the gains therefrom, within the meaning of Section
            301.7701-2 of the Treasury Regulations promulgated pursuant to the
            Code.

2.7   Substitution of Assets. The Employer shall have the right at any time, in
      its sole discretion, to substitute assets of equal fair market value for
      any asset held by the Trust. This right is exercisable by the Employer in
      a nonfiduciary capacity without the approval or consent of any person in a
      fiduciary capacity.

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Section 3. Trustee and Committee:

3.1   Committee. The Employer shall certify to the Trustee the names and
      specimen signatures of the members of the Committee appointed by the
      Employer to administer the Plan and give directions to the Trustee. Such
      certification shall include directions as to the number of signatures
      required for any communication or direction to the Trustee. The Employer
      shall promptly give notice to the Trustee of changes in the membership of
      the Committee. The Committee may also certify to the Trustee the name of
      any person, together with a specimen signature of any such person who is
      not a member of the Committee, authorized to act for the Committee in
      relation to the Trustee. The Committee shall promptly give notice to the
      Trustee of any change in any person authorized to act on behalf of the
      Committee. For all purposes under this Agreement, until any such notice is
      received by the Trustee, the Trustee shall be fully protected in assuming
      that the membership of the committee and the authority of any person
      certified to act in its behalf remain unchanged.

3.2   Trustee's Reliance. The Trustee may rely and act upon any certificate,
      notice or direction of the Committee, or of a person authorized to act on
      its behalf, or of the Employer or of an Investment Manager which the
      Trustee believes to be genuine and to have been signed by the person or
      persons duly authorized to sign such certificate, notice, or direction.

3.3   Legal Counsel. The Trustee may consult with legal counsel (who may be
      counsel to the Employer) and may charge the expense to the Employer
      concerning any questions which may arise under this Agreement, and the
      opinions of such counsel shall be full and complete protection with
      respect to any action taken, or omitted, by the Trustee hereunder in good
      faith in accordance with the opinion of such counsel.

3.4   Liability Under the Plan. The duties and obligations of the Trustee shall
      be limited to those expressly set forth in this Agreement, notwithstanding
      any reference herein to the Plan. Notwithstanding any other provision of
      this Trust Agreement, the Trustee and its officers, directors and agents
      hereunder shall be indemnified and held harmless by the Employer and the
      Fund to the fullest extent permitted by law against any and all costs,
      damages, expenses and liabilities including, but not limited to,
      attorneys' fees and disbursements reasonably incurred by or imposed upon
      it in connection with any claim made against it or in which it may be
      involved by reason of it being, or having been, a Trustee hereunder, to
      the extent such amounts are not satisfied by fiduciary liability insurance
      that may or may not be maintained by the Employer.

Section 4. Distributions from the Trust Fund:

4.1   General. The Trustee or its designee shall make payments from the Trust
      Fund in such amounts, at such times, and to such persons as the Committee
      may, from time to time, direct.

4.2   Direction by the Committee.

      (a) A direction by the Committee to make a distribution from the Trust
      Fund shall:

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            (i)   be made in writing;

            (ii)  specify the amount of the payment to be distributed, the date
                  such payment is to be made, the person to whom payment is to
                  be made, and the address to which the payment is to be sent;
                  and

            (iii) be deemed to certify to the Trustee that such direction and
                  any payment pursuant thereto are authorized under the terms of
                  the Plan.

      (b)   The Trustee shall be entitled to rely conclusively on the
            Committee's certification of its authority to direct a payment
            without independent investigation. The Trustee shall have no
            liability to any person with respect to payments made in accordance
            with the provisions of this Section 4.

4.3   Method of Payment. Payments of money by the Trustee may be made by its
      check payable to the order of the payee designated by the Committee and
      mailed to the payee in care of the Employer. The Trustee shall provide for
      the reporting and withholding of any federal, state or local taxes that
      may be required to be withheld with respect to the payment of benefits
      pursuant to the terms of the Plan and shall pay amounts withheld to the
      appropriate taxing authorities or determine that such amounts have been
      reported, withheld and paid by the Employer.

4.4   Special Distributions. Notwithstanding any other provision of this Trust
      Agreement to the contrary, if at any time (i) the Trust is finally
      determined by the Internal Revenue Service (the "IRS") not to be a
      "grantor trust," with the result that the income of the Trust Fund is not
      treated as income of the Employer pursuant to Sections 671 through 679 of
      the Code, (ii) a federal tax is finally determined by the IRS to be
      payable by the Trust beneficiaries, or (iii) the Trustee receives an
      opinion of counsel satisfactory to it to the effect that it is likely that
      the IRS will determine that a tax will be payable by the Trust
      beneficiaries as described in (ii) and it is likely that such
      determination will be upheld, then the Trust shall immediately terminate
      and the assets paid as soon as practicable by the Trustee to the Trust
      beneficiary as directed by the Committee.

4.5   Payments to Employer. Except as expressly provided in the Plan, the
      Employer shall have no right or power to direct the Trustee to return to
      the Employer any of the Trust Fund before all payments of benefits have
      been made pursuant to the Plan. However upon written request from the
      Employer, if the Trustee determines that the value of the assets of the
      Trust Fund are in excess of 100% of the amount required to pay the
      benefits provided under the terms of the Plan, then such excess assets,
      including both principal and income, shall be returned to the Employer.

Section 5. Trustee's and Committee's Responsibilities:

5.1   General Standard of Care. The Trustee, the members of the Committee and
      any Investment Manager shall at all times discharge their duties with
      respect to the Trust Fund solely in the interest of the Plan participants
      and their beneficiaries and with the care, skill, prudence, and diligence
      that, under the circumstances prevailing, a prudent

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      man acting in a like capacity and familiar with such matters would use in
      the conduct of an enterprise of a like character and with like aims.

5.2   No Liability for Acts of Others. No "fiduciary" (as such term is defined
      in Section 3(21) of ERISA) under this Agreement shall be liable for an act
      or omission of another person in carrying out any fiduciary responsibility
      where such fiduciary responsibility is allocated to such other person by
      this Agreement or pursuant to a procedure established in this Agreement.

Section 6. Trustee's Accounts:

6.1   Accounts. The Trustee shall keep accurate and detailed accounts of all
      investments, reinvestments, receipts and disbursements, and other
      transactions hereunder, and all such accounts and the books and records
      relating thereto shall be open to inspection at all reasonable times by
      the Employer or the Committee or persons designated by them.

6.2   Valuation of Trust Fund. The Trustee or its designee shall value or cause
      to be valued the Trust Fund as of the last business day of each calendar
      quarter ("Valuation Date"), and shall report to the Committee the value of
      the Trust Fund as of such date, within a reasonable time after the first
      day of the month next succeeding each Valuation Date.

6.3   Reports to the Committee.

      (a)   Within sixty (60) days following the last day of each fiscal year of
            the Trust, and within sixty (60) days following the effective date
            of the resignation or removal of the Trustee as provided in Section
            8.1, the Trustee shall render to the Committee a written account
            setting forth all investments, receipts, disbursements and other
            transactions affecting the Trust Fund or any investment fund, which
            account shall be signed by the Trustee and mailed to the Committee.

      (b)   The Committee shall notify the Trustee in writing of any objection
            or exception to an account so rendered not later than ninety (90)
            days following the date on which the Account was mailed to the
            Committee, whereupon the Committee and the Trustee shall cooperate
            in resolving such objection or exception.

      (c)   If the Committee has not communicated in writing to the Trustee
            within ninety (90) days following the mailing of the account to the
            Committee any exception or objection to the account, the account
            shall become an account stated at the end of such ninety (90) day
            period. If the Committee does communicate such an exception or
            objection, as to which it later becomes satisfied, the Committee
            shall thereupon indicate in writing its approval of the account, or
            of the account as amended, and the account shall thereupon become an
            account stated.

      (d)   Whenever an account shall have become an account stated as
            aforesaid, such account shall be deemed to be finally settled and
            shall be conclusive upon the Trustee, the Employer and all persons
            having or claiming to have any interest

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            in the Trust Fund or under the Plan, and the Trustee shall be fully
            and completely discharged and released to the same extent as if the
            account had been settled and allowed by a judgment or decree of a
            court of competent jurisdiction in an action or proceeding in which
            the Trustee, the Employer, and all persons having or claiming to
            have any interest in the Trust Fund or under the Plan were parties.

6.4   Right of Judicial Settlement. Notwithstanding the provisions of Section
      6.3, the Trustee, the Committee, and the Employer, or any of them, shall
      have the right to apply at any time to a court of competent jurisdiction
      for the judicial settlement of the Trustee's account. In any such case, it
      shall be necessary to join as parties thereto only the Trustee, the
      Committee and the Employer; and any judgment or decree which may be
      entered therein shall be conclusive upon all persons having or claiming to
      have any interest in the Trust Fund or under the Plan.

6.5   Enforcement of Agreement. To protect the Trust Fund from expenses which
      might otherwise be incurred, the Employer and the Committee shall have
      authority, either jointly or severally, to enforce this Agreement on
      behalf of all persons claiming any interest in the Trust Fund or under the
      Plan, and no other person may institute or maintain any action or
      proceeding against the Trustee or the Trust Fund in the absence of written
      authority from the Committee or a judgment of a court of competent
      jurisdiction that in refusing authority the Committee acted fraudulently
      or in bad faith.

Section 7. Taxes; Compensation of Trustee:

7.1   Taxes. Any taxes that may be imposed upon the Trust Fund or the income
      therefrom shall be deducted from and charged against the Trust Fund.

7.2   Compensation of Trustee; Expenses. The Trustee shall receive for its
      services hereunder such compensation as may be agreed upon in writing from
      time to time by the Employer and the Trustee and shall be reimbursed for
      its reasonable expenses, including counsel fees, incurred in the
      performance of its duties hereunder. The Trustee shall deduct from and
      charge against the Trust Fund such compensation and all such expenses
      unless previously paid by the Employer. Principal Life Insurance Company
      has entered into an agreement with trustee to provide certain trust
      services on behalf of the trustee. Principal Life Insurance Company will
      be compensated by the trustee from the fees paid to the trustee for those
      services.

Section 8. Resignation and Removal of Trustee:

8.1   Resignation or Removal of Trustee. The Trustee may resign as trustee
      hereunder at any time by giving sixty (60) days prior written notice to
      the Employer. Notwithstanding the preceding, the Trustee may resign
      immediately upon the occurrence of an unusual event which in the sole
      discretion of the Trustee affects the viability of the Employer and in
      such event the Employer shall promptly appoint a qualified successor
      trustee. The Employer may remove the Trustee as trustee hereunder at any
      time by giving the Trustee prior written notice of such removal, which
      shall include notice of the appointment of a successor trustee. Such
      removal shall take effect not earlier than sixty (60) days

                                      -11-

<PAGE>

      following receipt of such notice by the Trustee unless otherwise agreed
      upon by the Trustee and the Employer.

8.2   Appointment of Successor. In the event of the resignation or removal of
      the Trustee, a successor trustee shall be appointed by the Employer.
      Except as is otherwise provided in Section 8.1, such appointment shall
      take effect upon delivery to the Trustee of an instrument so appointing
      the successor and an instrument of acceptance executed by such successor,
      both of which instruments shall be duly acknowledged before a notary
      public. If within sixty (60) days after notice of resignation shall have
      been given by the Trustee a successor shall not have been appointed as
      aforesaid, the Trustee may apply to any court of competent jurisdiction
      for the appointment of such successor.

8.3   Succession.

      (a)   Upon the appointment of a successor hereunder, the Trustee shall
            transfer and deliver the Trust Fund to such successor; provided,
            however, that the Trustee may reserve such sum of money as it shall
            in its sole and absolute discretion deem advisable for payment of
            its fees and all expenses including counsel fees in connection with
            the settlement of its account, and any balance of such reserve
            remaining after the payment of such charges shall be paid over to
            the successor trustee. If such reserve shall be insufficient to pay
            such charges, the Trustee shall be entitled to recover the amount of
            any deficiency from the Employer, from the successor trustee, or
            from both.

      (b)   Upon the completion of the succession and the rendering of its final
            accounts, the Trustee shall have no further responsibilities
            whatsoever under this Agreement.

8.4   Successor Bound by Agreement. All the provisions of this Agreement shall
      apply to any successor trustee with the same force and effect as if such
      successor had been originally named herein as the trustee hereunder.

Section 9. Trustee Responsibility Regarding Payments to Trust Beneficiaries When
Employer Is Insolvent:

9.1   Direction. The Board of Directors and the chief executive officer of the
      Employer shall have the duty to inform the Trustee in writing if the
      Employer becomes Insolvent, as hereinafter defined. If the Trustee
      receives any written certification signed under penalties of perjury by
      any person other than the Board of Directors or the chief executive
      officer of the Employer that the Employer has become Insolvent, the
      Employer shall be deemed to be Insolvent for purposes of this Section 9.
      When the Trustee has been so informed by the Board of Directors or the
      chief executive officer of the Employer, or has received such
      certification from another person, the Trustee shall immediately
      discontinue payments of benefits to Trust Beneficiaries and of net income
      to the Employer, and shall hold the assets of the Trust for the benefit of
      the Employer's general creditors. Nothing in this Agreement shall in any
      way diminish any rights of Plan participants or their beneficiaries to
      pursue their rights as general creditors of the Employer with respect to
      benefits due under the Plan. During the continuance of the

                                      -12-
<PAGE>

      Trust, the fees and expenses of the Trustee shall be paid from the Trust
      Fund if not paid by the Employer or any successor trustee (including a
      regulatory agency).

9.2   Insolvency. The Employer shall be considered Insolvent for purposes of
      this Section 9 if: (i) the Employer is unable to pay its debts as they
      become due; or (ii) the Employer is determined to be insolvent by any
      agency having regulatory authority over the Employer.

9.3   Resumption of Payments. The Trustee shall resume the payment of benefits
      to Plan participants or their beneficiaries only after the Trustee has
      determined that the Employer is not Insolvent (or is no longer Insolvent).
      If the Trustee discontinues the payment of benefits from the Trust
      pursuant to Section 9.1 hereof, and subsequently resumes such payments,
      the first payment following such discontinuance shall include the
      aggregate amount of all payments due to Plan participants or their
      beneficiaries under the terms of the Plan, less the aggregate amount of
      any payments made to Plan participants or their beneficiaries by the
      Employer in lieu of the payments provided for hereunder during any such
      period of discontinuance.

Section 10. Amendment and Irrevocability:

10.1  The Employer may, at any time and from time to time, by instrument in
      writing executed pursuant to authorization of its Board of Directors,
      amend in whole or in part any or all of the provisions of this Agreement;
      provided, however, that: (i) no amendment which affects the rights,
      duties, fees or responsibilities of the Trustee may be made without the
      Trustee's consent; and (ii) no amendment shall conflict with the terms of
      the Plan or alter the fact that the Trust is irrevocable pursuant to
      Section 10.2 hereof.

10.2  The Trust created hereunder is irrevocable and shall terminate only upon
      the complete distribution of the assets of the Trust to the participants
      or their beneficiaries. In the event that Trust assets remain after the
      payment of all benefits to the participants or their beneficiaries under
      the terms of the Plan, the Trust shall be terminated and any remaining
      assets shall be returned to the Employer.

10.3  Any such amendment shall become effective upon receipt by the Trustee of
      the instrument of amendment and endorsement thereon by the Trustee of its
      consent thereto, if such consent is required; provided, however, no such
      amendment shall be permitted if, in the opinion of counsel to the
      Employer, any such amendment would cause the Trust to cease to constitute
      a grantor trust as described in Section 4.4 of this Agreement. Following
      any such termination as provided in Section 10.2, the powers of the
      Trustee hereunder shall continue as long as any of the Trust Fund remains
      in its hands.

Section 11. Miscellaneous:

11.1  Binding Effect; Assignability. This Agreement shall be binding upon, and
      the powers granted to the Employer and the Trustee, respectively, shall be
      exercisable by the respective successors and assigns of the Employer and
      the Trustee. Any entity which shall, by merger, consolidation, purchase,
      or otherwise, succeed to substantially all the trust business of the
      Trustee shall, upon such succession and without any appointment or other
      action by the Employer, be and become successor trustee hereunder.

                                      -13-

<PAGE>

11.2  Governing Law. This Agreement and the trust created and the Trust Fund
      held hereunder shall be interpreted in accordance with the laws of the
      state of Delaware, except to the extent that such laws are preempted by
      the federal laws of the United States of America. All contributions to the
      Trust Fund shall be deemed to take place in the state of Delaware.

11.3  Notices. Any communication to the Trustee, including any notice,
      direction, designation, certification, order, instruction, or objection
      shall be in writing and signed by the person authorized under the Plan to
      give the communication. The Trustee shall be fully protected in acting in
      accordance with these written communications. Any notice required or
      permitted to be given to a party hereunder shall be deemed given if in
      writing and hand delivered or mailed, postage prepaid, certified mail,
      return receipt requested, to such party at the following address or at
      such other address as such party may by notice specify:

            If to the Employer:

                  Meadowbrook, Inc.
                  26255 American Drive
                  Southfield, MI 48034
                  Attention: Rick Wagner

            If to the Trustee:

                  Principal Trust Company
                  P.O. Box 8704
                  Wilmington, DE 19899
                  Attention: Trust Services

11.4  Severability. The invalidity or unenforceability of any provision of this
      Agreement shall not affect the validity of enforceability of the remaining
      provisions.

11.5  Waiver. Failure of any party to insist at any time or times upon strict
      compliance with any provision of this Agreement shall not be a waiver of
      such provision at such time or any later time unless in a writing
      designated as a waiver and signed by or on behalf of the party against
      whom enforcement of the waiver is sought.

11.6  Non-Alienation. No interest, right or claim in or to any part of the Trust
      Fund or any payment therefrom shall be assignable, transferable or subject
      to sale, mortgage, pledge, hypothecation, commutation, anticipation,
      garnishment, attachment, execution, or levy of any kind, and the Trustee
      and the Committee shall not recognize any attempt to assign, transfer,
      sell, mortgage, pledge, hypothecate, commute, or anticipate the same,
      except to the extent required by law.

11.7  Headings. The headings of sections are included solely for convenience of
      reference. If there is any conflict between such headings and the text of
      the Agreement, the text shall control.

                                      -14-

<PAGE>

11.8  Construction of Language. Whenever appropriate in this Agreement, words
      used in the singular may be read in the plural; words used in the plural
      may be read in the singular; and words importing the masculine gender
      shall be deemed equally to refer to the female gender or the neuter. Any
      reference to a section number shall refer to a section of this Agreement,
      unless otherwise indicated.

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

      IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the day and year first above written.

EMPLOYER        Meadowbrook, Inc.

By: ____________________________________
              Authorized Officer

Date:

Delaware Charter Guarantee & Trust Company, conducting business as Principal
Trust Company

By: ____________________________________
              Authorized Officer

Date: __________________________________

                                      -15-<PAGE>
                                                                    Exhibit 10.1

                                AQUANTIVE, INC.

                       1999 EMPLOYEE STOCK PURCHASE PLAN

      (AS AMENDED AND RESTATED BY THE BOARD OF DIRECTORS ON JUNE 28, 2006)

                               SECTION 1. PURPOSE

      The purposes of the aQuantive, Inc. 1999 Employee Stock Purchase Plan (the
"Plan") are (a) to assist employees of aQuantive, Inc., a Washington corporation
(the "Company"), and its designated subsidiaries in acquiring a stock ownership
interest in the Company pursuant to a plan that is intended to qualify as an
"employee stock purchase plan" under Section 423 of the Internal Revenue Code of
1986, as amended, and (b) to encourage employees to remain in the employ of the
Company and its subsidiaries.

                             SECTION 2. DEFINITIONS

      For purposes of the Plan, the following terms shall be defined as set
forth below:

      "BOARD" means the Board of Directors of the Company.

      "CODE" means the Internal Revenue Code of 1986, as amended.

      "COMMITTEE" means the Company's Compensation Committee or any other
committee appointed by the Board to administer the Plan.

      "COMMON STOCK" means the common stock, par value $0.01 per share, of the
Company.

      "COMPANY" means aQuantive, Inc., a Washington corporation.

      "CORPORATE TRANSACTION" means either of the following events:

            (a) Consummation of any merger or consolidation of the Company with
      or into another corporation or

            (b) Consummation of any sale, lease, exchange or other transfer in
      one transaction or a series of related transactions of all or
      substantially all the Company's outstanding securities or all or
      substantially all the Company's assets other than a transfer of the
      Company's securities or assets to a majority-owned Subsidiary Corporation
      of the Company.

      "DESIGNATED SUBSIDIARY" has the meaning set forth under the definition of
"Eligible Employee" in this Section 2.

      "ELIGIBLE COMPENSATION" means all regular salary and wages, including
payment for holidays and PTO taken in the ordinary course, as well as paid
parental leave, and excluding overtime, cash bonuses and commissions, severance
pay, hiring and relocation bonuses, pay in lieu of vacations or sick leave, gain
from stock option exercises or any other special payments.

1999 Employee Stock Purchase Plan
<PAGE>
      "ELIGIBLE EMPLOYEE" means any employee of the Company, a domestic
Subsidiary Corporation or any other Subsidiary Corporation designated by the
Board or the Committee (each, a "Designated Subsidiary"), who is in the employ
of the Company (or any Designated Subsidiary) on one or more Offering Dates and
who meets the following criteria:

            (a) the employee does not, immediately after the Option is granted,
      own stock (as defined by the Code) possessing 5% or more of the total
      combined voting power or value of all classes of stock of the Company or
      of a Parent Corporation or Subsidiary Corporation of the Company;

            (b) the employee's customary employment is for 20 hours or more per
      week; provided, however, that the Plan Administrator may decrease this
      minimum hours requirement for a future Offering;

            (c) if specified by the Plan Administrator for a future Offering,
      the employee customarily works a minimum of five months per year or any
      lesser number of months established by the Plan Administrator; and

            (d) if specified by the Plan Administrator for a future Offering,
      the employee has been employed for a certain minimum period of time as of
      an Offering Date; provided, however, that any such minimum employment
      period may not exceed two years.

If the Company permits any employee of a Designated Subsidiary to participate in
the Plan, then all employees of that Designated Subsidiary who meet the
requirements of this paragraph shall also be considered Eligible Employees.

      "ENROLLMENT PERIOD" has the meaning set forth in Section 7.1.

      "ESPP BROKER" has the meaning set forth in Section 10.1.

      "FAIR MARKET VALUE" shall be as established in good faith by the Plan
Administrator or (a) if the Common Stock is listed on the Nasdaq National
Market, the closing sales price for the Common Stock as reported by the Nasdaq
National Market on the Offering Date or the Purchase Date, as applicable, unless
the Plan Administrator determines otherwise for a future Offering or (b) if the
Common Stock is listed on the New York Stock Exchange or the American Stock
Exchange, the closing sales price for the Common Stock as such price is
officially quoted in the composite tape of transactions on such exchange on the
Offering Date or the Purchase Date, as applicable, unless the Plan Administrator
determines otherwise for a future Offering; provided, however, that for the
first Offering Date under the Plan that occurs on the date shares of Common
Stock are first offered to the public in an underwritten initial public offering
filed with and declared effective by the Securities and Exchange Commission,
Fair Market Value shall be the Common Stock's initial public offering price as
set forth in Section 6(a). If there is no such reported price for the Common
Stock for the date in question, then such price on the last preceding date for
which such price exists shall be determinative of Fair Market Value.

      "OFFERING" has the meaning set forth in Section 5.1.

      "OFFERING DATE" means the first day of an Offering.

      "OPTION" means an option granted under the Plan to an Eligible Employee to
purchase shares of Common Stock.

1999 Employee Stock Purchase Plan

                                      -2-
<PAGE>
      "PARENT CORPORATION" means any corporation, other than the Company, in an
unbroken chain of corporations ending with the Company, if, at the time of the
granting of the Option, each of the corporations, other than the Company, owns
stock possessing 50% or more of the total combined voting power of all classes
of stock in one of the other corporations in such chain.

      "PARTICIPANT" means any Eligible Employee who has elected to participate
in an Offering in accordance with the procedures set forth in Section 7.1 and
who has not withdrawn from the Plan or whose participation in the Plan is not
otherwise terminated.

      "PLAN" means the aQuantive, Inc. 1999 Employee Stock Purchase Plan.

      "PURCHASE DATE" means the last day of each Purchase Period.

      "PURCHASE PERIOD" has the meaning set forth in Section 5.2.

      "PURCHASE PRICE" has the meaning set forth in Section 6.

      "SECURITIES ACT" means the Securities Act of 1933, as amended.

      "SUBSCRIPTION" has the meaning set forth in Section 7.1.

      "SUBSIDIARY CORPORATION" means any corporation, other than the Company, in
an unbroken chain of corporations beginning with the Company, if, at the time of
the granting of the Option, each of the corporations, other than the last
corporation in the unbroken chain, owns stock possessing 50% or more of the
total combined voting power of all classes of stock in one of the other
corporations in such chain.

                           SECTION 3. ADMINISTRATION

3.1 PLAN ADMINISTRATOR

      The Plan shall be administered by the Board and/or the Committee or, if
and to the extent the Board or the Committee designates an executive officer of
the Company to administer the Plan, by such executive officer (each, the "Plan
Administrator"). Any decisions made by the Plan Administrator shall be
applicable equally to all Eligible Employees.

3.2 ADMINISTRATION AND INTERPRETATION BY THE PLAN ADMINISTRATOR

      Subject to the provisions of the Plan, the Plan Administrator shall have
the authority, in its sole discretion, to determine all matters relating to
Options granted under the Plan, including all terms, conditions, restrictions
and limitations of Options; provided, however, that all Participants granted
Options pursuant to the Plan shall have the same rights and privileges within
the meaning of Code Section 423. The Plan Administrator shall also have
exclusive authority to interpret the Plan and may from time to time adopt, and
change, rules and regulations of general application for the Plan's
administration. The Plan Administrator's interpretation of the Plan and its
rules and regulations, and all actions taken and determinations made by the Plan
Administrator pursuant to the Plan, unless reserved to the Board or the
Committee, shall be conclusive and binding on all parties involved or affected.
The Plan Administrator may delegate administrative duties to such of the
Company's other officers or employees as the Plan Administrator so determines.

1999 Employee Stock Purchase Plan

                                      -3-
<PAGE>
                        SECTION 4. STOCK SUBJECT TO PLAN

      Subject to adjustment from time to time as provided in Section 20.1, the
maximum number of shares of Common Stock that shall be available for issuance
under the Plan shall be:

            (a) 500,000 shares, plus

            (b) an annual increase to be added on the first day of the Company's
      fiscal year beginning in 2001 equal to the least of (i) 750,000 shares of
      Common Stock; (ii) 2% of the adjusted average common shares outstanding of
      the Company used to calculate fully diluted earnings per share as reported
      in the annual report to shareholders for the preceding year; and (iii) a
      lesser amount determined by the Board; provided, however, that any shares
      from any increases in previous years that are not actually issued shall be
      added to the aggregate number of shares available for issuance under the
      Plan. Shares issued under the Plan shall be drawn from authorized and
      unissued shares or shares subsequently acquired by the Company.

                           SECTION 5. OFFERING DATES

5.1 OFFERINGS

      (a) Except as otherwise set forth below, the Plan shall be implemented by
a series of Offerings of 12 months' duration (each, an "Offering"). Offerings
shall commence on February 1 and August 1 of each year and end on the next
January 31 and July 31, respectively, occurring thereafter.

      (b) Notwithstanding the foregoing, the Plan Administrator may establish
(i) a different term for one or more future Offerings and (ii) different
commencing and ending dates for such future Offerings; provided, however, that
an Offering may not exceed five years; and provided, further, that if the
Purchase Price may be less than 85% of the Fair Market Value of the Common Stock
on the Purchase Date, the Offering may not exceed 27 months.

      (c) In the event the first or the last day of an Offering is not a regular
business day, then the first day of the Offering shall be deemed to be the next
regular business day and the last day of the Offering shall be deemed to be the
last preceding regular business day.

5.2 PURCHASE PERIODS

      (a) Each Offering shall consist of two consecutive purchase periods of six
months' duration (each, a "Purchase Period"). The last day of each Purchase
Period shall be the Purchase Date for such Purchase Period. Except as otherwise
set forth below, a Purchase Period shall commence on February 1 and August 1 of
each year and end on the next July 31 and January 31, respectively, occurring
thereafter.

      (b) Notwithstanding the foregoing, the Plan Administrator may establish
for a future Offering (i) a different term for one or more future Purchase
Periods and (ii) different commencing and ending dates for any such Purchase
Period.

      (c) In the event the first or last day of a Purchase Period is not a
regular business day, then the first day of the Purchase Period shall be deemed
to be the next regular business day and the last day of the Purchase Period
shall be deemed to be the last preceding regular business day.

1999 Employee Stock Purchase Plan

                                      -4-
<PAGE>
5.3 GOVERNMENTAL APPROVAL; SHAREHOLDER APPROVAL

      Notwithstanding any other provision of the Plan to the contrary, an Option
granted pursuant to the Plan shall be subject to (a) obtaining all necessary
governmental approvals and qualifications for the Plan, the issuance of Options
and the sale of Common Stock pursuant to the Plan and (b) obtaining shareholder
approval of the Plan.

                           SECTION 6. PURCHASE PRICE

      (a) The purchase price (the "Purchase Price") at which Common Stock may be
acquired in an Offering pursuant to the exercise of all or any portion of an
Option shall be 85% of the lesser of (i) the Fair Market Value of the Common
Stock on the Offering Date of such Offering and (ii) the Fair Market Value of
the Common Stock on the Purchase Date; provided, however, that the Purchase
Price for the first Offering that begins on the IPO Date shall be the lesser of
(A) 100% of the initial public offering price per share of Common Stock, before
underwriters' discounts or concessions, set forth in that certain Underwriting
Agreement between the Company and the representatives of the underwriters and
executed in connection with the Company's initial public offering of the Common
Stock and (B) 85% of the Fair Market Value of the Common Stock on the Purchase
Date.

      (b) Notwithstanding the foregoing, if an increase in the number of shares
authorized for issuance under the Plan (other than an annual increase pursuant
to Section 4) is approved and all or a portion of such additional shares are to
be issued during one or more Offerings that are underway at the time of
shareholder approval of such increase (the "Additional Shares"), then, if as of
the date of such shareholder approval, the Fair Market Value of a share of
Common Stock is higher than the Fair Market Value on the Offering Date for any
such Offering, the Purchase Price for the Additional Shares shall be 85% of the
lesser of (i) the Common Stock's Fair Market Value on the date of such
shareholder approval and (ii) the Fair Market Value of the Common Stock on the
Purchase Date.

                      SECTION 7. PARTICIPATION IN THE PLAN

7.1 INITIAL PARTICIPATION

      An Eligible Employee shall become a Participant on the first Offering Date
after satisfying the eligibility requirements and delivering to the Company
during the enrollment period established by the Plan Administrator (the
"Enrollment Period") a subscription (the "Subscription"):

      (a) indicating the Eligible Employee's election to participate in the
Plan;

      (b) authorizing payroll deductions and stating the amount to be deducted
regularly from the Participant's pay; and

      (c) authorizing the purchase of Common Stock for the Participant in each
Purchase Period.

      An Eligible Employee who does not deliver a Subscription as provided above
during the Enrollment Period shall not participate in the Plan for that Offering
or for any subsequent Offering unless such Eligible Employee subsequently
enrolls in the Plan by filing a Subscription with the Company during the
Enrollment Period for such subsequent Offering. The Company may, from time to
time, change the Enrollment Period for a future Offering as deemed advisable by
the Plan Administrator, in its sole discretion, for the proper administration of
the Plan.

1999 Employee Stock Purchase Plan

                                      -5-
<PAGE>
      Except as provided in Section 7.2, an employee who becomes eligible to
participate in the Plan after an Offering has commenced shall not be eligible to
participate in such Offering but may participate in any subsequent Offering,
provided that such employee is still an Eligible Employee as of the commencement
of any such subsequent Offering. Eligible Employees may not participate in more
than one Offering at a time.

7.2 ALTERNATIVE INITIAL PARTICIPATION

      Notwithstanding any other provision of the Plan, the Board or the
Committee may provide for a future Offering that any employee of the Company or
any Designated Subsidiary who first meets the requirements of subparagraphs (b)
through (d) of the paragraph "Eligible Employee" in Section 2 during the course
of an Offering shall, on a date or dates specified in the Offering that coincide
with the day on which such person first meets such requirements or that occurs
on a specified date thereafter, receive an Option under that Offering which
Option shall thereafter be deemed to be a part of that Offering. Such Option
shall have the same characteristics as any Options originally granted under that
Offering, except that

      (a) the date on which such Option is granted shall be the "Offering Date"
of such Option for all purposes, including determining the Purchase Price of
such Option; provided, however, that if the Fair Market Value of the Common
Stock on the date on which such Option is granted is less than the Fair Market
Value of Common Stock on the first day of the Offering, then, solely for the
purpose of determining the Purchase Price of such Option, the first day of the
Offering shall be the "Offering Date" for such Option;

      (b) the Purchase Period(s) for such Option shall begin on its Offering
Date and end coincident with the remaining Purchase Date(s) for such Offering;
and

      (c) the Board or the Committee may provide that if such person first meets
such requirements within a specified period of time before the end of a Purchase
Period for such Offering, he or she will not receive an Option for that Purchase
Period.

7.3 CONTINUED PARTICIPATION

      A Participant shall automatically participate in the next Offering until
such time as such Participant ceases payroll contributions to the Plan,
withdraws from the Plan pursuant to Section 11.2 or terminates employment as
provided in Section 13.

               SECTION 8. LIMITATIONS ON RIGHT TO PURCHASE SHARES

8.1 NUMBER OF SHARES PURCHASED

      (a) No Participant shall be entitled to purchase Common Stock under the
Plan (or any other employee stock purchase plan that is intended to meet the
requirements of Code Section 423 sponsored by the Company, a Parent Corporation
or a Subsidiary Corporation) with a Fair Market Value exceeding $25,000 (such
value determined as of the Offering Date for each Offering or such other limit
as may be imposed by the Code) in any calendar year in which a Participant
participates in the Plan (or other employee stock purchase plan described in
this Section 8.1).

      (b) No Participant shall be entitled to purchase more than 5,000 shares of
Common Stock (or such other number as the Board or the Committee shall specify
for a future Offering) under the Plan in any single Purchase Period.

1999 Employee Stock Purchase Plan

                                      -6-
<PAGE>

      (c) For a future Offering, the Board or the Committee may specify a
maximum number of shares that may be purchased by any Participant, as well as a
maximum aggregate number of shares that may be purchased by all Participants,
pursuant to such Offering. In addition, for a future Offering with more than one
Purchase Date, the Board or the Committee may specify a maximum aggregate number
of shares that may be purchased by all Participants on any given Purchase Date
under the Offering.

8.2 PRO RATA ALLOCATION

      In the event the number of shares of Common Stock that might be purchased
by all Participants exceeds the number of shares of Common Stock available in
the Plan, the Plan Administrator shall make a pro rata allocation of the
remaining shares of Common Stock in as uniform a manner as shall be practicable
and as the Plan Administrator shall determine to be equitable. Fractional shares
may not be issued under the Plan unless the Plan Administrator determines
otherwise for a future Offering.

                      SECTION 9. PAYMENT OF PURCHASE PRICE

9.1 GENERAL RULES

      Subject to Section 9.11, Common Stock that is acquired pursuant to the
exercise of all or any portion of an Option may be paid for only by means of
payroll deductions from the Participant's Eligible Compensation. Except as set
forth in this Section 9, the amount of compensation to be withheld from a
Participant's Eligible Compensation during each pay period shall be determined
by the Participant's Subscription.

9.2 PERCENT WITHHELD

      The amount of payroll withholding for each Participant for purchases
pursuant to the Plan during any pay period shall be at least 1% but shall not
exceed 20% of the Participant's Eligible Compensation for such pay period (or
such other higher percentage as the Plan Administrator may establish from time
to time for a future Offering). Amounts shall be withheld in whole percentages
only.

9.3 PAYROLL DEDUCTIONS

      Payroll deductions shall commence on the first payday following the
Offering Date and shall continue through the last payday of the Offering unless
sooner altered or terminated as provided in the Plan.

9.4 MEMORANDUM ACCOUNTS

      Individual accounts shall be maintained for each Participant for
memorandum purposes only. All payroll deductions from a Participant's
compensation shall be credited to such account but shall be deposited with the
general funds of the Company. All payroll deductions received or held by the
Company may be used by the Company for any corporate purpose.

9.5 NO INTEREST

      No interest shall be paid on payroll deductions received or held by the
Company.

1999 Employee Stock Purchase Plan

                                      -7-
<PAGE>
9.6 ACQUISITION OF COMMON STOCK

      On each Purchase Date of an Offering, each Participant shall automatically
acquire, pursuant to the exercise of the Participant's Option, the number of
shares of Common Stock arrived at by dividing the total amount of the
Participant's accumulated payroll deductions for the Purchase Period by the
Purchase Price; provided, however, that the number of shares of Common Stock
purchased by the Participant shall not exceed the number of whole shares of
Common Stock so determined, unless the Plan Administrator has determined for a
future Offering that fractional shares may be issued under the Plan; and
provided, further, that the number of shares of Common Stock purchased by the
Participant shall not exceed the number of shares for which Options have been
granted to the Participant pursuant to Section 8.1.

9.7 REFUND OF EXCESS AMOUNTS

      Any cash balance remaining in the Participant's account at the termination
of each Purchase Period shall be refunded to the Participant as soon as
practical after the Purchase Date without the payment of any interest; provided,
however, that if the Participant participates in the next Purchase Period, any
cash balance remaining in the Participant's account shall be applied to the
purchase of Common Stock in the new Purchase Period, provided such purchase
complies with Section 8.1.

9.8 WITHHOLDING OBLIGATIONS

      At the time the Option is exercised, in whole or in part, or at the time
some or all the Common Stock is disposed of, the Participant shall make adequate
provision for federal and state withholding obligations of the Company, if any,
that arise upon exercise of the Option or upon disposition of the Common Stock.
The Company may withhold from the Participant's compensation the amount
necessary to meet such withholding obligations.

9.9 TERMINATION OF PARTICIPATION

      No Common Stock shall be purchased on behalf of a Participant on a
Purchase Date if his or her participation in the Plan has terminated on or
before such Purchase Date.

9.10 PROCEDURAL MATTERS

      The Company may, from time to time, establish (a) limitations on the
frequency and/or number of any permitted changes in the amount withheld during
an Offering, as set forth in Section 11.1, (b) an exchange ratio applicable to
amounts withheld in a currency other than U.S. dollars, (c) payroll withholding
in excess of the amount designated by a Participant in order to adjust for
delays or mistakes in the Company's processing of properly completed withholding
elections, and (d) such other limitations or procedures as deemed advisable by
the Company in the Company's sole discretion that are consistent with the Plan
and in accordance with the requirements of Code Section 423.

9.11 LEAVES OF ABSENCE

      During leaves of absence approved by the Company and meeting the
requirements of the applicable Treasury Regulations promulgated under the Code,
a Participant may elect to continue participation in the Plan by delivering cash
payments to the Company on the Participant's normal paydays equal to the amount
of his or her payroll deduction under the Plan had the Participant not taken a
leave of absence. Currently, the Treasury Regulations provide that a Participant
may continue participation in the Plan only during the first 90 days of a leave
of absence unless the Participant's reemployment rights are guaranteed by
statute or contract.

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<PAGE>
               SECTION 10. COMMON STOCK PURCHASED UNDER THE PLAN

10.1 ESPP BROKER

      If the Plan Administrator designates or approves a stock brokerage or
other financial services firm (the "ESPP Broker") to hold shares purchased under
the Plan for the accounts of Participants, the following procedures shall apply.
Promptly following each Purchase Date, the number of shares of Common Stock
purchased by each Participant shall be deposited into an account established in
the Participant's name with the ESPP Broker. Each Participant shall be the
beneficial owner of the Common Stock purchased under the Plan and shall have all
rights of beneficial ownership in such Common Stock. A Participant shall be free
to undertake a disposition of the shares of Common Stock in his or her account
at any time, but, in the absence of such a disposition, the shares of Common
Stock must remain in the Participant's account at the ESPP Broker until the
holding period set forth in Code Section 423 has been satisfied. With respect to
shares of Common Stock for which the holding period set forth above has been
satisfied, the Participant may move those shares of Common Stock to another
brokerage account of the Participant's choosing or request that a stock
certificate be issued and delivered to him or her. Dividends paid in the form of
shares of Common Stock with respect to Common Stock in a Participant's account
shall be credited to such account. A Participant who is not subject to payment
of U.S. income taxes may move his or her shares of Common Stock to another
brokerage account of his or her choosing or request that a stock certificate be
delivered to him or her at any time, without regard to the Code Section 423
holding period.

10.2 NOTICE OF DISPOSITION

      By entering the Plan, each Participant agrees to promptly give the Company
notice of any Common Stock disposed of within the later of one year from the
Purchase Date and two years from the Offering Date for such Common Stock,
showing the number of such shares disposed of and the Purchase Date and Offering
Date for such Common Stock. This notice shall not be required if and so long as
the Company has a designated ESPP Broker.

                 SECTION 11. CHANGES IN WITHHOLDING AMOUNTS AND
                              VOLUNTARY WITHDRAWAL

11.1 CHANGES IN WITHHOLDING AMOUNTS

      (a) Unless the Plan Administrator establishes otherwise for a future
Offering, during a Purchase Period, a Participant may elect to reduce payroll
contributions to any percentage, including 0%, by completing and filing with the
Company an amended Subscription authorizing the reduction of payroll deductions.
The change in rate shall be effective as of the beginning of the next calendar
month following the date of filing the amended Subscription if the amended
Subscription is filed at least ten days prior to such date (the "Change Notice
Date") and, if not, as of the beginning of the next succeeding calendar month.
All payroll deductions accrued by a Participant as of a Change Notice Date shall
continue to be applied toward the purchase of Common Stock on the Purchase Date,
unless a Participant withdraws from the Plan, pursuant to Section 11.2. An
amended Subscription shall remain in effect until the Participant changes such
Subscription in accordance with the terms of the Plan.

      (b) Unless the Plan Administrator determines otherwise for a future
Offering, a Participant may elect to increase or decrease the amount to be
withheld from his or her compensation for future Purchase Periods by filing with
the Company an amended Subscription; provided, however, that notice of such
election must be delivered to the Company at least ten days prior to such
Purchase Period in such form and in accordance with such terms as the Plan
Administrator may establish for an Offering. An

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                                      -9-
<PAGE>
amended Subscription shall remain in effect until the Participant changes such
Subscription in accordance with the terms of the Plan.

      (c) Notwithstanding the foregoing, to the extent necessary to comply with
Code Section 423 and Section 8.1, a Participant's payroll deductions may be
decreased to 0% during any Purchase Period if the aggregate of all payroll
deductions accumulated with respect to one or more Purchase Periods ending
within the same calendar year exceeds $25,000 of Fair Market Value of the Common
Stock determined as of the first day of an Offering ($21,250 to the extent the
Purchase Price may be 85% of the Fair Market Value of the Common Stock on the
Offering Date of the Offering). Payroll deductions shall re-commence at the rate
provided in such Participant's Subscription at the beginning of the first
Purchase Period that is scheduled to end in the following calendar year, unless
the Participant terminates participation in the Plan or indicates otherwise in
an amended Subscription.

11.2 WITHDRAWAL FROM THE PLAN

      A Participant may voluntarily withdraw from the Plan by completing and
delivering to the Company a written notice of withdrawal on a form provided by
the Company for such purpose. Such notice must be delivered prior to the end of
the Purchase Period for which such withdrawal is to be effective. If a
Participant voluntarily withdraws after the Purchase Date for a Purchase Period
of an Offering, the withdrawal shall not affect Common Stock acquired by the
Participant in any earlier Purchase Periods. A Participant may not resume
participation in the same Offering at any time upon withdrawal from the Plan,
but may participate in any subsequent Offering under the Plan by again
satisfying the definition of Eligible Employee, satisfying any required waiting
period that the Board or the Plan Administrator may impose for re-enrollment,
and re-enrolling in the Plan in accordance with Section 7. The Company may, from
time to time, impose a requirement that the notice of withdrawal be on file with
the Company for a reasonable period prior to the effectiveness of the
Participant's withdrawal.

11.3 RETURN OF PAYROLL DEDUCTIONS

      Upon withdrawal from the Plan pursuant to Section 11.2, the withdrawing
Participant's accumulated payroll deductions that have not been applied to the
purchase of Common Stock shall be returned as soon as practical after the
withdrawal, without the payment of any interest, to the Participant and the
Participant's interest in the Offering shall terminate. Such accumulated payroll
deductions may not be applied to any other Offering under the Plan.

                        SECTION 12. AUTOMATIC WITHDRAWAL

      If the Fair Market Value of the Common Stock on any Purchase Date of an
Offering is less than the Fair Market Value of the Common Stock on the Offering
Date for such Offering, then every Participant shall automatically (a) be
withdrawn from such Offering at the close of such Purchase Date and after the
acquisition of the shares of Common Stock for such Purchase Period and (b) be
enrolled in the Offering commencing on the first business date subsequent to
such Purchase Period, provided the Participant is eligible to participate in the
Plan and has not elected to terminate participation in the Plan pursuant to
Section 11.2.

                     SECTION 13. TERMINATION OF EMPLOYMENT

      Termination of a Participant's employment with the Company for any reason,
including retirement, death or the failure of a Participant to remain an
Eligible Employee, shall immediately terminate the Participant's participation
in the Plan. The payroll deductions credited to the Participant's account since
the last Purchase Date shall, as soon as practical, be returned to the
Participant or, in the

1999 Employee Stock Purchase Plan

                                      -10-
<PAGE>
case of a Participant's death, to the Participant's legal representative or
designated beneficiary as provided in Section 14.2, and all the Participant's
rights under the Plan shall terminate. Interest shall not be paid on sums
returned to a Participant pursuant to this Section 13.

                     SECTION 14. RESTRICTIONS ON ASSIGNMENT

14.1 TRANSFERABILITY

      An Option granted under the Plan shall not be transferable and such Option
shall be exercisable during the Participant's lifetime only by the Participant.
The Company will not recognize, and shall be under no duty to recognize, any
assignment or purported assignment by a Participant of the Participant's
interest in the Plan, of his or her Option or of any rights under his or her
Option.

14.2 BENEFICIARY DESIGNATION

      The Plan Administrator may permit a Participant to designate a beneficiary
who is to receive any shares and cash, if any, from the Participant's account
under the Plan in the event the Participant dies after the Purchase Date for an
Offering but prior to delivery to such Participant of such shares and cash. In
addition, the Plan Administrator may permit a Participant to designate a
beneficiary who is to receive any cash from the Participant's account under the
Plan in the event that the Participant dies before the Purchase Date for an
Offering. Such designation may be changed by the Participant at any time by
written notice to the Company.

            SECTION 15. NO RIGHTS AS SHAREHOLDER UNTIL SHARES ISSUED

      With respect to shares of Common Stock subject to an Option, a Participant
shall not be deemed to be a shareholder of the Company, and he or she shall not
have any of the rights or privileges of a shareholder. A Participant shall have
the rights and privileges of a shareholder of the Company when, but not until, a
certificate or its equivalent has been issued to the Participant for the shares
following exercise of the Participant's Option.

    SECTION 16. LIMITATIONS ON SALE OF COMMON STOCK PURCHASED UNDER THE PLAN

      The Plan is intended to provide Common Stock for investment and not for
resale. The Company does not, however, intend to restrict or influence any
Participant in the conduct of his or her own affairs. A Participant, therefore,
may sell Common Stock purchased under the Plan at any time he or she chooses,
Company policies and any applicable federal and state securities laws. A
Participant assumes the risk of any market fluctuations in the price of the
Common Stock.

                SECTION 17. AMENDMENT OR TERMINATION OF THE PLAN

      (a) The Board may amend the Plan in such respects as it shall deem
advisable; provided, however, that, to the extent required for compliance with
Code Section 423 or any applicable law or regulation, shareholder approval will
be required for any amendment that will (i) increase the total number of shares
as to which Options may be granted under the Plan, (ii) modify the class of
employees eligible to receive Options, or (iii) otherwise require shareholder
approval under any applicable law or regulation; and provided further, that
except as provided in Section 20 and this Section 17, no amendment to the Plan
shall make any change in any Option previously granted that adversely affects
the rights of any Participant.

1999 Employee Stock Purchase Plan

                                      -11-
<PAGE>

      (b) The Plan shall continue in effect for ten years after the date of its
adoption by the Board. Notwithstanding the foregoing, the Board may at any time
and for any reason terminate or suspend the Plan. During any period of
suspension or upon termination of the Plan, no Options shall be granted.

      (c) Except as provided in Section 20, no such termination of the Plan may
affect Options previously granted, except that the Plan or an Offering may be
terminated by the Board on a Purchase Date or by the Board's setting a new
Purchase Date with respect to an Offering and a Purchase Period then in progress
if the Board determines that termination of the Plan and/or the Offering is in
the best interests of the Company and the shareholders or if continuation of the
Plan and/or the Offering would cause the Company to incur adverse accounting
charges as a result of a change after the effective date of the Plan in the
generally accepted accounting rules applicable to the Plan.

                      SECTION 18. NO RIGHTS AS AN EMPLOYEE

      Nothing in the Plan shall be construed to give any person (including any
Eligible Employee or Participant) the right to remain in the employ of the
Company or a Parent Corporation or Subsidiary Corporation or to affect the right
of the Company or a Parent Corporation or Subsidiary Corporation to terminate
the employment of any person (including any Eligible Employee or Participant) at
any time with or without cause.

                      SECTION 19. EFFECT UPON OTHER PLANS

      The adoption of the Plan shall not affect any other compensation or
incentive plans in effect for the Company or any Parent Corporation or
Subsidiary Corporation. Nothing in the Plan shall be construed to limit the
right of the Company, any Parent Corporation or Subsidiary Corporation to (a)
establish any other forms of incentives or compensation for employees of the
Company, a Parent Corporation or Subsidiary Corporation or (b) grant or assume
options otherwise than under the Plan in connection with any proper corporate
purpose, including, but not by way of limitation, the grant or assumption of
options in connection with the acquisition, by purchase, lease, merger,
consolidation or otherwise, of the business, stock or assets of any corporation,
firm or association.

                            SECTION 20. ADJUSTMENTS

20.1 ADJUSTMENT OF SHARES

      In the event that, at any time or from time to time, a stock dividend,
stock split, spin-off, combination or exchange of shares, recapitalization,
merger, consolidation, distribution to shareholders other than a normal cash
dividend, or other change in the Company's corporate or capital structure
results in (a) the outstanding shares, or any securities exchanged therefor or
received in their place, being exchanged for a different number or kind of
securities of the Company or of any other corporation or (b) new, different or
additional securities of the Company or of any other corporation being received
by the holders of shares of Common Stock, then (subject to any required action
by the Company's shareholders), the Board or the Committee, in its sole
discretion, shall make such equitable adjustments as it shall deem appropriate
in the circumstances in (i) the maximum number and kind of shares of Common
Stock subject to the Plan as set forth in Section 4, (ii) the number and kind of
securities that are subject to any outstanding Option and the per share price of
such securities and (iii) the maximum number of shares of Common Stock that may
be purchased by a Participant in a Purchase Period. The determination by the
Board or the Committee as to the terms of any of the foregoing adjustments shall
be conclusive and binding. Notwithstanding the foregoing, a merger, asset sale,
dissolution or liquidation of the Company shall not be governed by this Section
20.1 but shall be governed by Sections 20.2 and 20.3, respectively.

1999 Employee Stock Purchase Plan

                                      -12-
<PAGE>
20.2 CORPORATE TRANSACTION

      In the event of a proposed Corporate Transaction, each outstanding Option
shall be assumed or an equivalent option substituted by the successor
corporation or parent thereof (the "Successor Corporation"). In the event that
the Successor Corporation refuses to assume or substitute for the Option, the
Offering then in progress shall be shortened by setting a new Purchase Date. The
new Purchase Date shall be a specified date before the date of the proposed
Corporate Transaction. The Board shall notify each Participant in writing prior
to the new Purchase Date that the Purchase Date for the Participant's Option has
been changed to the new Purchase Date and that the Participant's Option shall be
exercised automatically on the new Purchase Date, unless prior to such date the
Participant has withdrawn from the Plan as provided in Section 11.

20.3 DISSOLUTION OR LIQUIDATION OF THE COMPANY

      In the event of the proposed dissolution or liquidation of the Company,
the Offering then in progress shall be shortened by setting a new Purchase Date
and shall terminate immediately prior to the consummation of such proposed
dissolution or liquidation, unless provided otherwise by the Board. The new
Purchase Date shall be a specified date before the date of the Company's
proposed dissolution or liquidation. The Board shall notify each Participant in
writing, at least ten business days prior to the new Purchase Date, that the
Purchase Date for the Participant's Option has been changed to the new Purchase
Date and that the Participant's Option shall be exercised automatically on the
new Purchase Date, unless prior to such date the Participant has withdrawn from
the Offering or the Plan as provided in Section 11.

20.4 LIMITATIONS

      The grant of Options shall in no way affect the Company's right to adjust,
reclassify, reorganize or otherwise change its capital or business structure or
to merge, consolidate, dissolve, liquidate or sell or transfer all or any part
of its business or assets.

               SECTION 21. REGISTRATION; CERTIFICATES FOR SHARES

      Notwithstanding any other provision of the Plan, the Company shall have no
obligation to issue or deliver any shares of Common Stock under the Plan or make
any other distribution of benefits under the Plan unless such issuance, delivery
or distribution would comply with all applicable laws (including, without
limitation, the requirements of the Securities Act), and the applicable
requirements of any securities exchange or similar entity.

      The Company shall be under no obligation to any Participant to register
for offering or resale or to qualify for exemption under the Securities Act, or
to register or qualify under state securities laws, any shares of Common Stock,
security or interest in a security paid or issued under, or created by, the
Plan, or to continue in effect any such registrations or qualifications if made.
The Company may issue certificates for shares with such legends and subject to
such restrictions on transfer and stop-transfer instructions as counsel for the
Company deems necessary or desirable for compliance by the Company with federal
and state securities laws.

      To the extent that the Plan or any instrument evidencing shares of Common
Stock provides for issuance of stock certificates to reflect the issuance of
such shares, the issuance may be effected on a noncertificated basis, to the
extent not prohibited by applicable law or the applicable rules of any stock
exchange.

1999 Employee Stock Purchase Plan

                                      -13-
<PAGE>
                           SECTION 22. EFFECTIVE DATE

      The Plan's effective date is the date on which it is approved by the
Company's shareholders, which was January 18, 2000.

                                      -14-

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