Document:

Exhibit 4.4

 

	
  

  	
  . + Signature
  of Owner and U.S. Person for Tax Certification Holder ID COY Class Rights
  Cert # Signature of Co-Owner (if more than one registered holder listed) Date
  (mm/dd/yyyy) 01J2JE + X R T 2 Rights Qty Issued RIGHTS CERTIFICATE TO SUBSCRIBE
  FOR SHARES OF MCEWEN MINING INC. COMMON STOCK FOR HOLDERS OF RECORD OF COMMON
  STOCK AT 5:00 P.M., NEW YORK CITY TIME, ON NOVEMBER 8, 2012. EXERCISABLE ON
  OR BEFORE 5:00 P.M., NEW YORK CITY TIME, ON DECEMBER 4, 2012. McEwen Mining
  Inc. As the registered owner of the McEwen Mining Inc. Rights Certificate
  below, you are entitled to subscribe for the number of shares of common
  stock, no par value per share (the “Common Stock”), of McEwen Mining Inc., a
  Colorado corporation (the “Company”), shown below. Every ten (10)
  transferable subscription rights (each a “Subscription Right”) held by a
  holder entitles the holder to subscribe for and purchase one (1) whole share
  of Common Stock (the “Basic Subscription Privilege”) at a subscription price
  per share of US$2.25 (the “Subscription Price”) pursuant to the rights
  offering (the “Rights Offering”). If any shares of Common Stock available for
  purchase in the Rights Offering are not purchased by the holders of
  Subscription Rights (each a “Rightsholder”) pursuant to the exercise of their
  Basic Subscription Privilege (the “Excess Shares”), any Rightsholder fully
  exercising its Basic Subscription Privilege hereunder may subscribe for a
  number of Excess Shares pursuant to the terms and conditions of the Rights
  Offering, subject to proration (the “Over-Subscription Privilege”) as
  described in the Company's Prospectus Supplement, dated October 31, 2012 (as
  amended, the “Prospectus Supplement”), to the Company's Registration
  Statement on Form S-3, dated June 18, 2012 and declared effective on August
  3, 2012. FOR A MORE COMPLETE DESCRIPTION OF THE TERMS AND CONDITIONS OF THE
  RIGHTS OFFERING, PLEASE REFER TO THE PROSPECTUS SUPPLEMENT, WHICH IS
  INCORPORATED HEREIN BY REFERENCE. COPIES OF THE PROSPECTUS SUPPLEMENT ARE
  AVAILABLE UPON REQUEST FROM THE SUBSCRIPTION AGENT, COMPUTERSHARE TRUST
  COMPANY, N.A. AT (888)-497-9677 and (212) 440-9800.  EXERCISABLE ON OR BEFORE 5:00 P.M., NEW
  YORK CITY TIME, ON DECEMBER 4, 2012 (Complete appropriate section on reverse
  side of this form.) The Company is conducting a Rights Offering, which
  entitles holders of record of Common Stock at 5:00 p.m., New York City time,
  on November 8, 2012 (the “Record Date”) to receive one (1) Subscription Right
  for each share of Common Stock held by such holder as of the Record Date.
  Every ten (10) Subscription Rights held by a Rightsholder entitles such
  Rightsholder to subscribe for and purchase one (1) whole share of Common
  Stock pursuant to the Rightsholder's Basic Subscription Privilege and, if the
  Rightsholder's Basic Subscription Privilege is fully exercised, to subscribe
  for additional shares of Common Stock pursuant to the Rightsholder's
  Over-Subscription Privilege. If the aggregate Subscription Price delivered or
  transmitted by the Rightsholder with the McEwen Mining Inc. Rights
  Certificate exceeds the aggregate Subscription Price for all shares for which
  the Rightsholder would be entitled to subscribe pursuant to the
  Rightsholder's Basic Subscription Privilege and no direction is given as to
  the excess, such Rightsholder will be deemed to have subscribed for a number
  of Excess Shares equal to the maximum whole number of Excess Shares that
  could be purchased with such excess Subscription Price. Shares of Common
  Stock purchased pursuant to the Rights Offering will be issued by
  Computershare Trust Company, N.A., the subscription agent (the “Subscription
  Agent”), as soon as practicable following 5:00 pm., New York City time, on
  December 4, 2012. No fractional shares of Common Stock or cash in lieu
  thereof will be issued or paid. Fractional shares of Common Stock will be
  rounded down to the nearest whole share of Common Stock. Set forth below is
  the number of Subscription Rights evidenced by this McEwen Mining Inc. Rights
  Certificate that the Rightsholder is entitled to exercise pursuant to such
  Rightsholder's Basic Subscription Privilege. This McEwen Mining Inc. Rights
  Certificate is transferable, and may be combined or divided (but only into
  McEwen Mining Inc. Rights Certificates evidencing full rights) at the office
  of the Subscription Agent. Rightsholders should be aware that if they choose
  to exercise, assign, transfer or sell only part of their Subscription Rights,
  they may not receive a new McEwen Mining Inc. Rights Certificate in
  sufficient time to exercise, assign, transfer or sell the remaining
  Subscription Rights evidenced thereby. 250 Royall Street, Suite V Canton MA
  02021 Information Agent: Georgeson Telephone 1 888 497 9677 1 212 440 9800
  MCEWEN MINING INC. RIGHTS CERTIFICATE 000.000000 1 2 3 4 5 6 7 8 12345678
  Subscription Rights 123456789 BBX 12345678901234 12345678901234 Account:
  Subscription Rights: MR A SAMPLE DESIGNATION (IF ANY) ADD 1 ADD 2 ADD 3 ADD 4
  ADD 5 ADD 6 C 1234567890 J N T C O Y C 1 2 3 4 5 6 . 7 8 C L S 

  

 

	
  

  	
  . To subscribe
  for shares pursuant to your Basic Subscription Privilege please complete line
  “A” and Section 1 below. Example: 100 Subscription Rights = 10 shares of
  Common Stock pursuant to Basic Subscription Privilege 10 x US$2.25 = US$22.50
  payment (no. of shares) (Subscription Price) To subscribe for shares pursuant
  to your Over-Subscription Privilege, please complete line “B” and Section 1
  below. If you want the Subscription Agent to attempt to sell your unexercised
  Subscription Rights, check box “D” below and complete Section 1. If you want
  a new McEwen Mining Inc. Rights Certificate evidencing any unexercised
  Subscription Rights delivered to you or to someone else, complete line “E”
  below, and indicate the address to which the McEwen Mining Inc. Rights
  Certificate should be delivered in Section 1. If you want some or all of your
  unexercised Subscription Rights transferred to a designated transferee, or to
  a bank or broker to sell for you, complete line “F” below and complete
  Section 2. Payment for Shares: Full payment for shares subscribed for
  pursuant to both your Basic Subscription Privilege and Over-Subscription
  Privilege must accompany this McEwen Mining Inc. Rights Certificate or a
  notice of guaranteed delivery. Please reference your McEwen Mining Inc.
  Rights Certificate Number on your certified check, bank draft, money order or
  notice of guaranteed delivery. If the aggregate Subscription Price paid by a
  Rightsholder is insufficient to purchase the number of shares of Common Stock
  that the holder indicates are being subscribed for, or if a Rightsholder does
  not specify the number of shares of Common Stock to be purchased, or if the
  aggregate Subscription Price paid by a Rightsholder exceeds the amount
  necessary to purchase the number of shares of Common Stock for which the Rightsholder
  has indicated an intention to subscribe, then the Rightsholder will be deemed
  to have exercised first its Basic Subscription Privilege and second its
  Over-Subscription Privilege to purchase a number of shares of Common Stock
  equal to the maximum whole number of shares that could be purchased with the
  payment tendered. Please complete all applicable information and return to
  the Subscription Agent: COMPUTERSHARE TRUST COMPANY, N.A. By First Class
  Mail: By Registered, Certified or Express Mail, or Overnight Courier:
  Computershare Computershare c/o Voluntary Corporate Actions c/o Voluntary
  Corporate Actions P.O. Box 43011 250 Royall Street Providence, RI 02940-3011
  Suite V Canton, MA 02021 Delivery of this McEwen Mining Inc. Rights
  Certificate to an address other than as set forth above does not constitute a
  valid delivery. A. Basic Subscription Privilege (10 Subscription Rights = 1
  share) x US$2.25 = US$[] (no. of shares) (Subscription Price) B.
  Oversubscription Privilege* x US$2.25 = US$[] (no. of shares) (Subscription
  Price) * The Over-Subscription Privilege may only be exercised if the Basic
  Subscription Privilege is exercised in full C. Total Amount Enclosed: = $ SECTION 1. TO SUBSCRIBE: I hereby irrevocably subscribe for the number of
  shares of Common Stock indicated as the total of A and B hereon upon the
  terms and conditions specified in the Prospectus Supplement relating thereto
  and incorporated by reference herein, receipt of which is acknowledged. I
  hereby agree that if I fail to pay for the shares of Common Stock for which I
  have subscribed, the Company may exercise any remedies available to it under
  law. TO SELL: If I have checked the box on line D, I authorize the sale of my
  Subscription Rights by the Subscription Agent according to the procedures
  described in the Prospectus Supplement. Print full name of Assignee and
  Social Security Number Address for delivery of certificate representing
  unexercised Subscription Rights If permanent change of address, check here: .
  Daytime telephone number: ( ) Evening telephone number: ( ) Email address: D.
  Sell any unexercised Subscription Rights . E. Deliver a certificate
  representing unexercised Subscription Rights to the Assignee at the address
  in Section 1 F. Transfer Subscription Rights to the Transferee designated in
  Section 2 SECTION 2. TO TRANSFER SUBSCRIPTION RIGHTS: (Per Line F): For value
  received, of the Subscription Rights represented by this Form of Exercise,
  Sale or Transfer are assigned to: Print full name of Assignee and Social
  Security Number Print Full Address Signature(s) of Assignor(s) The
  signature(s) on this Form of Exercise, Sale or Transfer must correspond with
  the name(s) of the registered holder(s) exactly as it appears on the face of
  the McEwen Mining Inc. Rights Certificate without any alteration or change
  whatsoever. In the case of joint registered holders, each person must sign
  this Form of Exercise, Sale or Transfer in accordance with the foregoing. If
  you sign this Form of Exercise, Sale or Transfer in your capacity as a
  trustee, executor, administrator, guardian, attorney-in-fact, agent, officer
  of a corporation or other fiduciary or representative, you must indicate the
  capacity in which you are signing when you sign and, if requested by the
  Subscription Agent in its sole and absolute discretion, you must present to
  the Subscription Agent satisfactory evidence of your authority to sign in
  that capacity. If you wish to transfer your Subscription Rights, then your
  signature must be guaranteed by an Eligible Guarantor Institution, as that
  term is defined in Rule 17Ad-15 of the Securities Exchange Act of 1934, as
  amended, which may include: (a) a commercial bank or trust company; (b) a
  member firm of a domestic stock exchange; or (c) a savings bank or credit
  union. Signature (name of bank or firm): Guaranteed by (signature/title):
  DELIVERY OF THIS FORM OF EXERCISE, SALE OR TRANSFER TO AN ADDRESS OTHER THAN
  AS SET FORTH ABOVE DOES NOT CONSTITUTE A VALID DELIVERY.Exhibit 10.3

 

SECOND AMENDMENT TO EMPLOYMENT AGREEMENT

 

This Second Amendment to Employment Agreement (“Second Amendment”), dated as of September 14, 2012, is entered into by and between Seth Krauss (the “Employee”) and Take-Two Interactive Software, Inc. (the “Employer” or the “Company”).

 

WHEREAS the Employee and the Employer desire to amend the terms of Employee’s June 4, 2010 Employment Agreement, including the First Amendment thereto dated October 25, 2010, (collectively, the “Employment Agreement”);

 

NOW, THEREFORE, in consideration of their mutual promises, Employee and the Company hereby agree to this Second Amendment to the Employment Agreement as follows:

 

1.              Unless otherwise defined herein, capitalized terms used in this Second Amendment shall have the meanings ascribed to such terms in the Employment Agreement.

 

2.              Section 3(a) of the Employment Agreement is hereby amended by deleting the last sentence thereof in its entirety and replacing it with the following:

 

“Effective as of September 14, 2012, Employee’s Salary shall be increased to the rate of $575,000 per annum. Commencing with the April 1, 2014 — March 31, 2015 Fiscal Year (“FY2015”), Employee shall receive a two percent (2%) increase in Salary effective upon the commencement of each Fiscal Year during a Renewal Term on and after FY2015.”

 

3.              Section 3(b) of the Employment Agreement is hereby amended and restated in its entirety to read as follows:

 

(i)                                     The Employee shall be eligible to receive an annual bonus (“Bonus”) with respect to each Fiscal Year that Employee is employed by the Company based upon the EBITDA of the Company (defined as GAAP Net Income recorded for the Company, adding back in Interest, Depreciation, Amortization and Tax expenses) as compared to the Company’s budgeted EBITDA as follows:

 

 

	
Actual EBITDA
    	
 
    	
Annual Bonus
    
	
Less   than 80% of the Budget
    	
 
    	
No bonus earned
    
	
80%   - 100% of the Budget
    	
 
    	
* 0% - 70% of Salary
    
	
100%   - 120% of the Budget
    	
 
    	
* 70% - 100% of Salary
    
	
120%   - 150% of the Budget
    	
 
    	
* 100% - 140% of Salary
    
	
Greater   than 150% of the Budget
    	
 
    	
Capped at 140% of Salary
    

 

*The Bonus in this range will be determined based on a proportional sliding scale. Target bonus is 70% of Salary.

 

(ii)                                  The budgeted EBITDA for the Company with respect to each Fiscal Year shall be determined by the Board after good faith consultation with the Employee and in accordance with past practices and shall be communicated to the Employee in writing within 45 days following the commencement of each such Fiscal Year. The actual EBITDA with respect to each Fiscal Year shall be calculated by the Company in the same manner as the budgeted EBITDA for such Fiscal Year and shall be communicated to the Employee in writing within 60 days following the end of such Fiscal Year.

 

4.              The Employee shall receive a one-time grant of 408,329 shares of the Company’s restricted common stock (the “One-Time Grant”). The One-Time Grant will be subject to the terms and conditions of the Take-Two Interactive Software, Inc. 2009 Stock Incentive Plan (the “Stock Plan”) and the applicable grant letter. The One-Time Grant will be made on the fifth trading day following the filing of the Company’s quarterly report on Form 10-Q for the quarter ending September 30, 2012 and will vest in six annual installments commencing on March 31, 2013 subject to stock price thresholds measured from the date of this Second Amendment, as set forth in the applicable grant letter.

 

5.              The Employment Agreement, together with this Second Amendment, comprise the parties’ entire agreement and supersede any and all other agreements, either oral or in writing, between Employee and the Company with respect to Employee’s employment by the Company, and contain all of the covenants and agreements between Employee and the Company with respect to such employment in any manner whatsoever. Any modification or termination of the Employment Agreement, including this Second Amendment, will be effective only if in writing and signed by both parties. Except as expressly set forth in this Second Amendment, the Employment Agreement and all of its provisions shall continue unchanged, in full force and effect, for the duration of Employee’s employment with the Company.

 

 

6.              This Second Amendment may be executed by the parties in one or more counterparts, each of which shall be deemed to be an original but all of which taken together constitute one and the same agreement, and shall become effective when one or more counterparts has been signed by each of the parties hereto and delivered to each of the other parties hereto. Photographic, electronically scanned and facsimiles of such signed counterparts may be used in lieu of the originals for any purpose.

 

 

	
TAKE-TWO INTERACTIVE
    	
 
    	
EMPLOYEE
    
	
SOFTWARE, INC.
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
By:
    	
/s/ Karl Slatoff
    	
 
    	
/s/ Seth Krauss
    
	
Karl Slatoff
    	
 
    	
Seth Krauss
    
	
Chief Operating Officer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00209-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00209-of-00352.parquet"}]]