Document:

exv4w1

 

EXHIBIT 4.1

eFunds Corporation

2005 SPECIAL SUPPLEMENTAL EMPLOYMENT INDUCEMENT AWARD PLAN

Section 1. Purpose.

The purpose of the Plan is to promote the interests of the Company and its stockholders by aiding
the Company in executing its plan for acquisitive growth by attracting and retaining employees of
acquisition targets that are capable of assuring the future success of the Company by affording
such persons an opportunity to acquire a proprietary interest in the Company thereby offering them
incentives to put forth maximum efforts for the success of the Company’s business.

Section 2. Definitions.

As used in the Plan, the following terms shall have the meanings set forth below:

	(a)	 	“Affiliate” shall mean any entity that, directly or indirectly through one or more
intermediaries, is controlled by the Company and any entity in which the Company has a
significant equity interest, in each case as determined by the Committee. As used in this
definition, “control” shall mean the right, either directly or indirectly, to elect the
majority of the directors of a company without the consent or acquiescence of any Third Party.
	 
	(b)	 	“Award” shall mean any Restricted Stock or Restricted Stock Unit granted under the Plan.
	 
	(c)	 	“Award Agreement” shall mean any written agreement, contract or other instrument or document
evidencing any Award granted under the Plan.
	 
	(d)	 	“Board” shall mean the board of directors of the Company.
	 
	(e)	 	“Certificate” shall mean the Certificate of Incorporation of the Company, as amended from
time to time.
	 
	(f)	 	“Committee” shall mean a committee of the Board designated by the Board to administer the
Plan. The Committee shall consist solely of Directors appointed from time to time by the
Board and shall be comprised solely of at least that number of Directors with those
qualifications necessary to permit Awards under the Plan to qualify under Rule 16b-3.
	 
	(g)	 	“Common Stock” shall mean the shares of Common Stock of the Company as provided in the
Certificate.
	 
	(h)	 	“Company” shall mean eFunds Corporation, a corporation incorporated under the laws of the
State of Delaware, United States of America, and any successor corporation.
	 
	(i)	 	“Director” shall mean a member of the Board.
	 
	(j)	 	“Eligible Person“ shall mean any person who becomes an employee of the Company or one of its
Affiliates in connection with a merger or acquisition involving the Company (or one or more of
its Affiliates) and such person’s prior employer.
	 
	(k)	 	“Exchange Act” shall mean the United States Securities Exchange Act of 1934, as amended from
time to time, and any regulations promulgated thereunder.

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	(l)	 	“Fair Market Value” shall mean, with respect to any property (including, without limitation,
any Shares or other securities), the fair market value of such property determined by such
methods or procedures as shall be established from time to time by the Committee.
Notwithstanding the foregoing, unless otherwise determined by the Committee, the Fair Market
Value of a Share on a given date for purposes of the Plan shall be, if the Shares are then
traded on the New York Stock Exchange, the last sale price of the Shares as reported on the
New York Stock Exchange on such date or, if the New York Stock Exchange is not open for
trading on such date, on the most recent preceding date when it is open for trading,
	 
	(m)	 	“Participant” shall mean an Eligible Person designated to be granted an Award under the Plan.

	 
	(n)	 	“Person” shall mean any natural person.
	 
	(o)	 	“Plan” shall mean this eFunds Corporation 2005 Special Supplemental Employment Inducement
Award Plan, as amended from time to time.
	 
	(p)	 	“Restricted Stock” shall mean any Share issued pursuant to an Award granted under Section 6
of the Plan.
	 
	(q)	 	“Restricted Stock Unit” shall mean any restricted stock unit granted under Section 6 of the
Plan.
	 
	(r)	 	“Rule 16b-3” shall mean the rule so designated which has been promulgated by the SEC under
the authority of Section 16 of the Exchange Act, as such rule may be amended from time to
time, together with any successor law or rule.
	 
	(s)	 	“SEC” shall mean the United States Securities and Exchange Commission.
	 
	(t)	 	“Shares” shall mean shares of Common Stock or such other securities or property as may become
subject to Awards pursuant to an adjustment made under Section 4(c) of the Plan.
	 
	(u)	 	“Third Party” shall mean any Person other than the Company or any of its Affiliates.

Section 3. Administration.

	(a)	 	Power and Authority of the Committee. The Plan shall be administered by the Committee.
Subject to the express provisions of the Plan and to applicable law and the rules and
regulations of the New York Stock Exchange, the Committee shall have full power and authority
to: (i) designate Participants; (ii) determine the type or types of Awards to be granted to
each Participant under the Plan; (iii) determine the number of Shares to be covered by (or the
method by which payments or other rights are to be calculated in connection with) each Award;
(iv) determine the terms and conditions of any Award or Award Agreement; (v) subject to
Section 7(c) of this Plan, amend the terms and conditions of any Award or Award Agreement and
accelerate the exercisability of any Award or the lapse of restrictions relating to any Award;
(vi) determine whether, to what extent and under what circumstances Awards may be exercised
with the payment of cash, Shares, other securities, other Awards or other property, or
canceled, forfeited or suspended; (vii) determine whether, to what extent and under what
circumstances cash, Shares, other securities, other awards, other property and other amounts
issuable or payable by the Company with respect to an Award under the Plan shall be deferred
either automatically or at the election of the holder thereof or the Committee; (viii)
interpret and administer the Plan and any

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	 	 	instrument or agreement, including an Award Agreement, relating to the Plan; (ix) establish,
amend, suspend or waive such rules and regulations and appoint such agents as it shall deem
appropriate for the proper administration of the Plan; and (x) make any other determination
and take any other action that the Committee deems necessary or desirable for the
administration of the Plan. Unless otherwise expressly provided in the Plan, all
designations, determinations, interpretations and other decisions under or with respect to
the Plan or any Award shall be within the sole discretion of the Committee, may be made at
any time and shall be final, conclusive and binding upon any Participant, any holder or
beneficiary of any Award and any employee of the Company or its Affiliates and any other
Eligible Person.
	(b)	 	Delegation. The Committee may delegate all or any of its powers and duties under the Plan to
one or more Directors, or a committee of Directors, subject to such terms, conditions and
limitations as the Committee may establish in its sole discretion; provided, however, that the
Committee shall not delegate its powers and duties under this Plan with regard to Awards
granted to officers or directors of the Company or its Affiliates who are subject to Section
16 of the Exchange Act.
	 
	(c)	 	Power and Authority of the Board of Directors. Notwithstanding anything to the contrary
contained herein, the Board may, at any time and from time to time, without any further action
of the Committee, exercise the powers and duties of the Committee under the Plan.

Section 4. Shares Available for Awards.

	(a)	 	Shares Available. Subject to the provisions of Section 4(c) hereof, the Shares available for
Awards under the Plan shall be authorized, but unissued, Shares or Shares held in the treasury
of the Company. Subject to adjustment as provided in Section 4(c), the aggregate number of
Shares which may be issued under all Awards under the Plan shall be 37,500. If any Shares
covered by an Award or to which an Award relates are not purchased or are forfeited, or if an
Award otherwise terminates without delivery of any Shares, then the number of Shares counted
against the aggregate number of Shares available under the Plan with respect to such Award, to
the extent of any such forfeiture or termination, shall again be available for granting Awards
under the Plan. Shares that are withhold for the payment of taxes associated with an Award
shall be treated as if they had been issued pursuant to such Award.
	 
	(b)	 	Accounting for Awards. For purposes of this Section 4, if an Award entitles the holder
thereof to receive or purchase Shares, the number of Shares covered by such Award or to which
such Award relates shall be counted on the date of grant of such Award against the aggregate
number of Shares available for grants under the Plan.
	 
	(c)	 	Adjustments. In the event that the Committee shall determine that any dividend or other
distribution (whether in the form of cash, Shares, other securities or other property),
recapitalization, stock split, reverse stock split, reorganization, merger, consolidation,
split-up, spin-off, combination, repurchase or exchange of Shares or other securities of the
Company, issuance of warrants or other rights to purchase Shares or other securities of the
Company or other similar corporate transaction or event affects the Shares such that an
adjustment is determined by the Committee to be appropriate in order to prevent

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	 	 	dilution or enlargement of the benefits or potential benefits intended to be made available
under the Plan, then the Committee shall, in such manner as it may deem equitable, adjust
any or all of (i) the number and type of Shares (or other securities or other property)
which thereafter may be made the subject of Awards, (ii) the number and type of Shares (or
other securities or other property) subject to outstanding Awards and (iii) the purchase or
exercise price with respect to any Award; provided, however, that the number of Shares
covered by any Award or to which such Award relates shall always be a whole number.

Section 5. Eligibility.

Any Eligible Person shall be eligible to be designated a Participant. In determining which Eligible
Persons shall receive an Award and the terms of any Award, the Committee may take into account the
nature of the services rendered by the respective Eligible Persons, their present and potential
contributions to the success of the Company, and such other factors as the Committee, in its
discretion, shall deem relevant.

Section 6. Awards.

	(a)	 	Restricted Stock and Restricted Stock Units. The Committee is hereby authorized to grant
Awards of Restricted Stock and Restricted Stock Units to Participants subject to the following
terms and conditions and such additional terms and conditions, not inconsistent with the
provisions of the Plan, as the Committee shall determine:

	 	(i)	 	Restrictions. Shares of Restricted Stock and Restricted Stock Units shall be
subject to such restrictions as the Committee may impose (including, without
limitation, any limitation on the right to vote a share of Restricted Stock or the
right to receive any dividend or other right or property with respect thereto or with
respect to a Restricted Stock Unit), which restrictions may lapse separately or in
combination at such time or times, in such installments or otherwise as the Committee
may deem appropriate.
	 
	 	(ii)	 	Stock Certificates. Any Restricted Stock granted under the Plan shall be
evidenced by issuance of a stock certificate or certificates, which certificate or
certificates shall be held by the Company or a custodian acting on behalf of the
Company, or, if determined by the Committee and consistent with the rules of the New
York Stock Exchange or any securities exchange on which the Shares are listed or
admitted to trading, any Restricted Stock granted under the Plan may be evidenced by
recording the issuance of the same in the books and records of the Company. Such
certificate or certificates shall be registered in the name of the Participant and
shall bear an appropriate legend referring to the terms, conditions and restrictions
applicable to such Restricted Stock. In the case of Restricted Stock Rights, no Shares
shall be issued at the time such Awards are granted.
	 
	 	(iii)	 	Forfeiture; Delivery of Shares. Except as otherwise determined by the
Committee, upon a Participant’s termination of employment (as determined by or under
criteria established by the Committee) with the Company or its Affiliates during the
applicable restriction period, all

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	 	 	 	Shares of Restricted Stock and all Restricted Stock Units held by such Participant
shall be forfeited and reacquired by the Company; provided, however, that the
Committee may, when it finds that a waiver would be in the best interest of the
Company, waive in whole or in part any or all remaining restrictions with respect to
Shares of Restricted Stock or Restricted Stock Units. Any Share of Restricted Stock
that is no longer subject to restrictions shall be delivered to the holder thereof
promptly after the applicable restrictions lapse or are waived. Upon the lapse or
waiver of restrictions and the restricted period relating to Restricted Stock Units
evidencing the right to receive Shares, such Shares shall be issued and delivered to
the holders of the Restricted Stock Rights, subject to the provisions of the Plan
and any applicable Award Agreement.

	 	(b)	 	General.

	 	(i)	 	No Cash Consideration for Awards. Awards may be granted for no cash
consideration or for such minimal cash consideration as may be required by applicable
law or may be granted for such cash consideration as the Committee may determine in its
discretion.
	 
	 	(ii)	 	Awards May Be Granted Separately or Together. Awards may, in the discretion of
the Committee, be granted either alone or in addition to, in tandem with, or in
substitution for any other Award or any award granted under any plan of the Company or
any of its Affiliates other than the Plan. Awards granted in addition to or in tandem
with other Awards or in addition to or in tandem with awards granted under any such
other plan of the Company or any of its Affiliates may be granted either at the same
time as or at a different time from the grant of such other Awards or awards.
	 
	 	(iii)	 	Limits on Transfer of Awards. No Award and no right under any such Award shall
be transferable by a Participant otherwise than by will or by the laws of descent and
distribution; provided, however, that if so determined by the Committee, a Participant
may, in the manner established by the Committee, designate a beneficiary or
beneficiaries to exercise the rights of the Participant and receive any property
distributable with respect to any Award upon the death of the Participant. Except as
provided in this clause (iii), no Award or right under any such Award may be pledged,
alienated, attached or otherwise encumbered, and any purported pledge, alienation,
attachment or encumbrance thereof shall be void and unenforceable against the Company
or any of its Affiliates.
	 
	 	(v)	 	Term of Awards. Subject to the terms of the Plan, the term of each Award shall
be for such period as may be determined by the Committee.
	 
	 	(vi)	 	Restrictions; Securities Exchange Listing. All Shares or other securities
delivered under the Plan pursuant to any Award or the exercise thereof shall be subject
to such restrictions as the Committee may deem advisable under the Plan, applicable
securities laws, rules or regulations, and other regulatory requirements, and the
Committee may cause appropriate entries to be made or legends to be placed on the
certificates for such Shares or other securities to reflect such restrictions. If the
Shares or other securities are traded on the New York Stock Exchange

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	 	 	 	or another securities exchange, the Company shall not be required to deliver any
Shares or other securities covered by an Award unless and until such Shares or other
securities have been admitted for trading on the New York Stock Exchange or other
such securities exchange.

Section 7. Amendment and Termination; Adjustments.

	(a)	 	Amendments to the Plan. Subject to the provisions of Section 7(c), the Board may amend,
alter, suspend, discontinue or terminate the Plan; provided, however, that, notwithstanding
any other provision of the Plan or any Award Agreement, prior approval the stockholders of the
Company shall be required for any amendment to the Plan that requires stockholder approval
under the rules or regulations of the New York Stock Exchange or any other securities exchange
that are applicable to the Company.
	 
	(b)	 	Waivers. Subject to the provisions of the Plan, the Committee may waive any conditions of or
rights of the Company under any outstanding award, prospectively or retroactively.
	 
	(c)	 	Limitations on Amendments. Neither the Board nor the Committee may amend, alter, suspend,
discontinue or terminate any outstanding Award, prospectively or retroactively, that would
have an adverse effect on the rights of the Participant with respect to such Award, without
the consent of the Participant or holder or beneficiary thereof, except as otherwise provided
herein or in the Award Agreement.
	 
	(d)	 	Correction of Defects, Omissions and Inconsistencies. The Committee may correct any defect,
supply any omission or reconcile any inconsistency in the Plan or any Award or Award Agreement
in the manner and to the extent it shall deem desirable to carry the Plan into effect.

Section 8. Income Tax Withholding.

In order to comply with all applicable income tax laws or regulations, the Committee may establish
such policy or policies as it deems appropriate with respect to such laws and regulations,
including without limitation the establishment of policies to ensure that all applicable payroll,
withholding, income or other taxes, which are the sole and absolute responsibility of a
Participant, are withheld or collected from such Participant. In order to assist a Participant in
paying all or a portion of the taxes to be withheld or collected upon exercise or receipt of (or
the lapse of restrictions relating to) an Award, the Committee, in its discretion and subject to
such additional terms and conditions as it may adopt, may permit the Participant to satisfy such
tax obligation by (a) electing to have the Company withhold a portion of the payment or transfer
otherwise to be made upon exercise or receipt of (or the lapse of restrictions relating to) such
Award with a Fair Market Value equal to the amount of such taxes or (b) delivering to the Company
Shares or other property other than Shares issuable upon exercise or receipt of (or the lapse of
restrictions relating to) such Award with a Fair Market Value equal to the amount of such taxes.
The election, if any, must be made on or before the date that the amount of tax to be withheld is
determined.

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Section 9. General Provisions.

	(a)	 	No Rights to Awards. No Eligible Person, Participant or other Person shall have any claim to
be granted any Award under the Plan, and there is no obligation for uniformity of treatment of
Eligible Persons, Participants or holders or beneficiaries of Awards under the Plan. The terms
and conditions of Awards need not be the same with respect to any Participant or with respect
to different Participants.
	 
	(b)	 	Award Agreements. No Participant will have rights under an Award granted to such Participant
unless and until an Award Agreement shall have been duly executed on behalf of the Company.
	 
	(c)	 	No Limit on Other Compensation Arrangements. Nothing contained in the Plan shall prevent the
Company or any of its Affiliates from adopting or continuing in effect other or additional
compensation plans or arrangements, and such arrangements may be either generally applicable
or applicable only in specific cases.
	 
	(d)	 	No Right to Employment. The grant of an Award shall not be construed as giving a Participant
the right to be retained in the employ of the Company or any of its Affiliates, nor will it
affect in any way the right of the Company or any of its Affiliates to terminate the
employment of any Participant in its or their employ at any time, with or without cause. In
addition, the Company or any of its Affiliates may at any time dismiss a Participant in its or
their employ from employment free from any liability or any claim under the Plan, unless
otherwise expressly provided in the Plan or in any Award Agreement.
	 
	(e)	 	Governing Law. The validity, construction and effect of the Plan, any Award Agreement or any
Award, and any rules and regulations relating to the Plan, any Award Agreement or any Award,
shall be determined in accordance with the laws of the State of Delaware which shall be the
proper law thereof notwithstanding any rules regarding conflict of laws therein contained
under which any other law would be made applicable.
	 
	(f)	 	Severability. If any provision of the Plan, any Award Agreement or any Award is or becomes or
is deemed to be invalid, illegal or unenforceable in any jurisdiction or would disqualify the
Plan, any Award Agreement or any Award under any law deemed applicable by the Committee, then

	 	(i)	 	such provision shall be construed or deemed amended to conform to applicable
laws, or
	 
	 	(ii)	 	if it cannot be so construed or deemed amended without, in the determination of
the Committee, materially altering the purpose or intent of the Plan, the Award
Agreement or the Award, such provision shall be stricken, but only as to each
jurisdiction, Award Agreement and Award so affected, and the Plan, as well as each
Award Agreement and Award so affected, shall otherwise remain in full force and effect
in accordance with its original terms.

	(g)	 	No Trust or Fund Created. Neither the Plan nor any Award shall create or be construed to
create a trust or separate fund of any kind or a fiduciary relationship between the Company or
any of its Affiliates and a Participant or any other Person. To the extent that any Person
acquires a right to receive payments from the Company or any of its Affiliates pursuant to an
Award, such right shall be no greater than the right of any unsecured general creditor of the
Company or any such Affiliate.
	 
	(h)	 	No Fractional Shares. No fractional Shares shall be issued or delivered pursuant to the Plan
or any Award, and the Committee shall determine whether cash shall be paid in lieu of any
fractional Share or

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	 	 	whether such fractional Share or any rights thereto shall be canceled, terminated or
otherwise eliminated.
	 	 	 
	 
	(i)	 	Headings. Headings are given to the sections and subsections of the Plan solely as a
convenience to facilitate reference. Such headings shall not be deemed in any way material or
relevant to the construction or interpretation of the Plan or any provision thereof.
	 
	(j)	 	Other Benefits. No compensation or benefit awarded to or realized by any Participant in the
employ of the Company or any of its Affiliates under the Plan shall be included for the
purpose of computing such Participant’s compensation under any compensation-based retirement,
disability or similar plan of the Company or any of its Affiliates unless required by law or
otherwise provided by such other plan.

Section 10. Effective Date of the Plan.

The Plan shall be effective as of the date and time designated by the Board of Directors of the
Company.

Section 11. Term of the Plan.

The Plan shall continue in effect until it is discontinued or terminated as provided in Section 7.
No Award shall be granted after the termination of this Plan. However, unless otherwise
expressly provided in this Plan or in an applicable Award Agreement, any Award theretofore granted
may extend beyond the termination of this Plan, and the authority of the Committee provided for
hereunder with respect to this Plan and any Awards, and the authority of the Board to amend this
Plan, shall extend beyond the termination of this Plan.

Page 8exv10w2

 

EXHIBIT 10.2

FORM OF WESTERN ALLIANCE BANCORPORATION 2005 STOCK INCENTIVE

PLAN AGREEMENT — INCENTIVE

Option No.:                     

WESTERN
ALLIANCE BANCORPORATION

2005 STOCK INCENTIVE PLAN

INCENTIVE STOCK OPTION AGREEMENT

     Western Alliance Bancorporation, a Nevada corporation (the “Company”), hereby grants an
option to purchase shares of its common stock, $.0001 par value, (the “Stock”) to the optionee
named below. The terms and conditions of the option are set forth in this cover sheet, in the
attachment and in the Company’s 2005 Stock Incentive Plan (the “Plan”).

Grant Date:                                         , 200                    

Name of Optionee:                                                                                 

Optionee’s
Social Security Number:
                    —                    —                    

Number of Shares Covered by Option:                     

Option Price per Share: $                    .                     (At least 100% of Fair Market Value)

Vesting Start Date:                                         ,                    

     By signing this cover sheet, you agree to all of the terms and conditions described in
the attached Agreement and in the Plan, a copy of which is also attached. You acknowledge that you
have carefully reviewed the Plan, and agree that the Plan will control in the event any provision
of this Agreement should appear to be inconsistent.

Optionee:                     

(Signature)

Company:                     

(Signature)

     Title:
–

Attachment

This is not a stock certificate or a negotiable instrument

 

 

WESTERN
ALLIANCE BANCORPORATION

2005 STOCK INCENTIVE PLAN

INCENTIVE STOCK OPTION AGREEMENT

	 	 	 
	Incentive Stock Option

	 	This option is intended to be an
incentive stock option under Section
422 of the Internal Revenue Code and
will be interpreted accordingly. If
you cease to be an employee of the
Company, its parent or a subsidiary
(“Employee”) but continue to provide
Service, this option will be deemed
a nonstatutory stock option three
months after you cease to be an
Employee. In addition, to the
extent that all or part of this
option exceeds the $100,000 rule of
section 422(d) of the Internal
Revenue Code, this option or the
lesser excess part will be deemed to
be a nonstatutory stock option.
	 
	Vesting

	 	This option is only exercisable
before it expires and then only with
respect to the vested portion of the
option. Subject to the preceding
sentence, you may exercise this
option, in whole or in part, to
purchase a whole number of vested
shares not less than 100 shares,
unless the number of shares
purchased is the total number
available for purchase under the
option, by following the procedures
set forth in the Plan and below in
this Agreement.
	 
	 

	 	[Your right to purchase shares of
Stock under this option vests as to
twenty percent (20%) of the total
number of shares covered by this
option, as shown on the cover sheet
(the “Option Shares”), on each of
the first five anniversaries of the
Vesting Start Date, as long as you
remain in Service on the applicable
vesting date. The resulting
aggregate number of vested shares
will be rounded down to the nearest
whole number, and you cannot vest in
more than the number of shares
covered by this option.]
	 
	 

	 	No additional shares of Stock will
vest after your Service has
terminated for any reason.
	 
	Term

	 	Your option will expire in any event
at the close of business at Company
headquarters on the day before the
10th anniversary of the Grant Date,
as shown on the cover sheet. Your
option will expire earlier (but
never later) if your Service
terminates, as described below.
	 
	Regular Termination

	 	If your Service terminates for any
reason, other than death, Disability
or Cause, then your option will
expire at the close of business at
Company headquarters on the 90th day
after your termination date.

 

 

	 	 	 
	Termination for

Cause

	 	If your Service is terminated for
Cause, then you shall immediately
forfeit all rights to your option
and the option shall immediately
expire.
	 
	Death

	 	If your Service terminates because
of your death, then your option will
expire at the close of business at
Company headquarters on the date
twelve (12) months after the date of
death. During that twelve month
period, your estate or heirs may
exercise the vested portion of your
option.
	 
	 

	 	In addition, if you die during the
90-day period described in
connection with a regular
termination (i.e., a termination of
your Service not on account of your
death, Disability or Cause), and a
vested portion of your option has
not yet been exercised, then your
option will instead expire on the
date twelve (12) months after your
termination date. In such a case,
during the period following your
death up to the date twelve (12)
months after your termination date,
your estate or heirs may exercise
the vested portion of your option.
	 
	Disability

	 	If your Service terminates because
of your Disability, then your option
will expire at the close of business
at Company headquarters on the date
twelve (12) months after your
termination date.
	 
	Leaves of Absence

	 	For purposes of this option, your
Service does not terminate when you
go on a bona fide employee leave of
absence that was approved by the
Company in writing, if the terms of
the leave provide for continued
Service crediting, or when continued
Service crediting is required by
applicable law. However, your
Service will be treated as
terminating 90 days after you went
on employee leave, unless your right
to return to active work is
guaranteed by law or by a contract.
Your Service terminates in any event
when the approved leave ends unless
you immediately return to active
employee work.
	 
	 

	 	The Company determines, in its sole
discretion, which leaves count for
this purpose, and when your Service
terminates for all purposes under
the Plan.
	 
	Notice of Exercise

	 	When you wish to exercise this
option, you must notify the Company
by filing the proper “Notice of
Exercise” form at the address given
on the form. Your notice must
specify how many shares you wish to
purchase (in a parcel of at least
100 shares generally). Your notice
must also specify how your shares of
Stock should be registered (in your
name only or in your and your
spouse’s names as joint tenants with
right of survivorship). The notice
will be effective when it is
received by the Company.
	 
	 

	 	If someone else wants to exercise
this option after your death, that
person must prove to the Company’s
satisfaction that he or she is
entitled to do so.
	 
	Form of Payment

	 	When you submit your notice of
exercise, you must include payment
of the option price for the shares
you are purchasing. Payment may be
made in one (or a combination) of
the following forms:
	 
	 

	 	Cash, your personal check, a
cashier’s check, a money order or
another cash equivalent acceptable
to the Company.
	 
	 

	 	Shares of Stock which have already
been owned by you for more than six
months and which are surrendered to
the Company. The value of the
shares, determined as of the
effective date of the option
exercise,

 

 

	 	 	 
	 

	 	will be applied to the
option price.
	 
	 

	 	To the extent a public market for
the Stock exists as determined by
the Company, by delivery (on a form
prescribed by the Company) of an
irrevocable direction to a licensed
securities broker acceptable to the
Company to sell Stock and to deliver
all or part of the sale proceeds to
the Company in payment of the
aggregate option price and any
withholding taxes.
	 
	Withholding Taxes

	 	You will not be allowed to exercise
this option unless you make
acceptable arrangements to pay any
withholding or other taxes that may
be due as a result of the option
exercise or sale of Stock acquired
under this option. In the event
that the Company determines that any
federal, state, local or foreign tax
or withholding payment is required
relating to the exercise or sale of
shares arising from this grant, the
Company shall have the right to
require such payments from you, or
withhold such amounts from other
payments due to you from the Company
or any Affiliate.
	 
	Transfer of Option

	 	During your lifetime, only you (or,
in the event of your legal
incapacity or incompetency, your
guardian or legal representative)
may exercise the option. You cannot
transfer or assign this option. For
instance, you may not sell this
option or use it as security for a
loan. If you attempt to do any of
these things, this option will
immediately become invalid. You
may, however, dispose of this option
in your will or it may be
transferred upon your death by the
laws of descent and distribution or
pursuant to a domestic relations
order as referred to in the Code or
Title I of the Employment Retirement
Income Security Act or the rules
thereunder.

 

 

	 	 	 
	Market Stand-off Agreement

	 	In connection with any underwritten
public offering by the Company of
its equity securities pursuant to an
effective registration statement
filed under the Securities Act,
including the Company’s initial
public offering, you agree not to
sell, make any short sale of, loan,
hypothecate, pledge, grant any
option for the purchase of, or
otherwise dispose or transfer for
value or agree to engage in any of
the foregoing transactions with
respect to any shares of Stock
without the prior written consent of
the Company or its underwriters, for
such period of time after the
effective date of such registration
statement as may be requested by the
Company or the underwriters (not to
exceed 180 days in length).
	 
	Investment Representation

	 	If the sale of Stock under the
Plan is not registered under the
Securities Act, but an exemption is
available which requires an
investment or other representation,
you shall represent and agree at the
time of exercise that the Stock
being acquired upon exercise of this
option is being acquired for
investment, and not with a view to
the sale or distribution thereof,
and shall make such other
representations as are deemed
necessary or appropriate by the
Company and its counsel.
	 
	Retention Rights

	 	Neither your option nor this
Agreement give you the right to be
retained by the Company (or any
Parent, Subsidiaries or Affiliates)
in any capacity. The Company (and
any Parent, Subsidiaries or
Affiliates) reserve the right to
terminate your Service at any time
and for any reason.
	 
	Shareholder Rights

	 	You, or your estate or heirs, have
no rights as a shareholder of the
Company until a certificate for your
option’s shares has been issued (or
an appropriate book entry has been
made). No adjustments are made for
dividends or other rights if the
applicable record date occurs before
your stock certificate is issued (or
an appropriate book entry has been
made), except as described in the
Plan.
	 
	Adjustments

	 	In the event of a stock split, a
stock dividend or a similar change
in the Stock, the number of shares
covered by this option and the
option price per share shall be
adjusted (and rounded down to the
nearest whole number) if required
pursuant to the Plan. Your option
shall be subject to the terms of the
agreement of merger, liquidation or
reorganization in the event the
Company is subject to such corporate
activity.
	 
	 	 
	Applicable Law

	 	This Agreement will be interpreted
and enforced under the laws of the
State of Nevada, other than any
conflicts or choice of law rule or
principle that might otherwise refer
construction or interpretation of
this Agreement to the substantive
law of another jurisdiction.
	 
	The Plan

	 	The text of the Plan is incorporated
in this Agreement by reference.
Certain capitalized terms used in
this Agreement are defined in the
Plan, and have the meaning set forth
in the Plan.
	 
	 

	 	This Agreement and the Plan
constitute the entire understanding
between you and the Company
regarding this option. Any prior
agreements, commitments or
negotiations concerning this option
are superseded.
	 
	Other Agreements

	 	You agree, as a condition of the
grant of this option, that in
connection with the exercise of the
option, you will execute such
document(s) as necessary to become a
party to any shareholder agreement
or voting trust as the Company may
require.
	 
	Certain Dispositions

	 	If you sell or otherwise dispose of
Stock acquired pursuant to the
exercise

 

 

	 	 	 
	 

	 	of this option sooner than
the one year anniversary of the date
you acquired the Stock, then you
agree to notify the Company in
writing of the date of sale or
disposition, the number of shares of
Stock sold or disposed of and the
sale price per share within 30 days
of such sale or disposition.

By signing the cover sheet of this Agreement, you agree to all of the terms and
conditions described above and in the Plan.

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