Document:

exv10w2

Exhibit 10.2

FIRST AMENDMENT TO AMENDED AND RESTATED LEASE

     THIS FIRST AMENDMENT TO AMENDED AND RESTATED LEASE (this “Amendment”) is entered into this
16th day of April, 2010, by and between SOUNDVIEW FARMS, LLC, a Connecticut limited
liability company, having an office at 66 Gate House Road, Stamford, Connecticut 06902 (“Landlord”)
and GARTNER, INC., a Delaware corporation, having an office at 56 Top Gallant Road, Stamford,
Connecticut 06902 (“Tenant”).

     WHEREAS, concurrently herewith, Landlord and Tenant entered into that certain Amended and
Restated Lease (the “Lease”), pursuant to which Landlord leases to Tenant certain land and the
buildings and other improvements situated thereon in the City of Stamford, Connecticut; and

     WHEREAS, the parties desire to amend the Lease on the terms and conditions hereinafter set
forth.

     NOW, THEREFORE, in consideration of the premises and the mutual covenants and conditions
herein contained and other good and valuable consideration, the receipt and adequacy of which are
hereby acknowledged by the parties hereto, and intending to be legally bound hereby, the parties
hereto by these presents do covenant and agree as follows:

	1)	 	Definitions. Capitalized terms used in this Amendment and not defined herein shall
have the meanings set forth in the Lease.
	 
	2)	 	Amendments to the Lease.

	 	a)	 	The second (2nd) sentence of Section C of Exhibit A to the Lease is hereby
deleted in its entirety and replaced with the following text: “Tenant hereby agrees to
provide to Landlord, within a reasonable period of time following request therefor, any
documentation relating to the Tenant Improvement Work reasonably requested by Landlord’s
lender of the Tenant Improvement Allowance, including, without limitation, proposed budgets
and Tenant’s Plans, in order that such lender and Landlord may close the construction loan
that is required to fund the Tenant Improvement Allowance.”
	 
	 	b)	 	Section F of Exhibit A to the Lease is hereby deleted in its entirety and replaced with
the following text:

“F. Termination Right; Option to Purchase; Leasehold Mortgage. In the event
that on or prior to April 30, 2010 Landlord has not entered into loan documents with
People’s United Bank substantially in the form approved by Tenant on April ___, 2010,
which loan documents shall evidence a loan sufficient to fund the Tenant Improvement
Allowance pursuant to the terms of this Lease, Tenant shall have the following
rights:

(a) the right to terminate this Lease with respect to the entire Leased Premises, or
the 56 Premises, or the 70 Premises or the 88 Premises, or any combination thereof,
to be exercised by delivery of written notice thereof to

 

 

Landlord on or prior to October 1, 2010, which termination shall be effective as of a date
specified in such notice that is between 180 and 270 days following the date notice
of such termination has been sent to Landlord;

(b) the right to exercise the option to purchase set forth in Article 43 by delivery
of written notice thereof to Landlord on or prior to October 1, 2010, as if the
Option Date as defined in Article 43 were 180 days following the date such notice is
delivered to Landlord; or

(c) the right to fund some or all of the Tenant Improvement Allowance, as Tenant
shall determine, with financing secured by a leasehold mortgage pursuant to the
terms of Article 12(C); provided, however, that in such case, the amount “$21.50”
set forth in clause (iii) of Article 5(C) shall instead be the amount “$15.00”.”

	3)	 	Miscellaneous.

	 	a)	 	Except as otherwise modified by this Amendment, the Lease and all covenants,
agreements, terms and conditions thereof shall remain in full force and effect and are
hereby in all respects ratified and confirmed.
	 
	 	b)	 	The Lease as amended by this Amendment constitutes the entire understanding among the
parties hereto with respect to the transactions set forth therein and may not be changed
verbally but only by agreement in writing signed by the party against whom enforcement of
any waiver, change, modification or discharge is sought.
	 
	 	c)	 	This Amendment may be executed in counterparts, it being understood that all such
counterparts, taken together, shall constitute one and the same agreement.

[Remainder of page intentionally left blank]

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     IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed as of
the day and year first above written.

	 	 	 	 	 	 	 	 	 	 	 

	Witnesses:
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	SOUNDVIEW FARMS, LLC	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:	 	/s/ Herbert M. Meyer	 	 
	 

	 	 	 	 	 	 	 	 

Herbert M. Meyer
	 	 
	 

	 	 	 	 	 	 	 	a duly authorized Manager	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	GARTNER, INC.	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:	 	/s/ Christopher J. Lafond	 	 
	 

	 	 	 	 	 	 	 	 

Name: Christopher J. Lafond
	 	 
	 

	 	 	 	 	 	 	 	Title: EVP, Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	STATE OF CONNECTICUT)
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	)	 	 	ss.
	 	April 16, 2010	 	 
	COUNTY OF FAIRFIELD

	 	 	)	 	 	 	 	 	 	 

     Personally appeared SOUNDVIEW FARMS, LLC, by Herbert M. Meyer, a manager, hereunto duly
authorized, signer and sealer of the foregoing instrument and acknowledged the same to be his free
act and deed and the free act and deed of said SOUNDVIEW FARMS, LLC, before me.

	 	 	 	 	 	 	 	 	 	 	 

	 	 	 	 	 	 	/s/
Cathy J. Klein
 
	 	 
	 	 	 	 	 	 	Notary Public	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	STATE OF CONNECTICUT)
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	)	 	 	ss.
	 	April 15, 2010	 	 
	COUNTY OF FAIRFIELD

	 	 	)	 	 	 	 	 	 	 

     Personally appeared GARTNER, INC., by Christopher J. Lafond, its Executive Vice President and
Chief Financial Officer, hereunto duly authorized, signer and sealer of the foregoing instrument
and acknowledged the same to be his free act and deed and the free act and deed of said GARTNER,
INC., before me.

	 	 	 	 	 

	 

	 	Clare A. Kretzman 

Commissioner of the Superior Court	 	 

3exv10w7

Exhibit 10.7

July 1, 2010

Mr. James E. Shields

4141 Walnut Meadow Lane

Dallas, TX 75205

Dear Jim:

We are pleased to offer you employment as Executive Vice President, Chief Financial Officer,
MoneyGram International, Inc. (the “Company”) pursuant to the terms of this offer letter.
This offer is pending approval of the Human Resources and Nominating Committee and the Board of
Directors of the Company.

1. Position & Duties — You will serve as EVP, Chief Financial Officer, and in so doing you
will report to the Chief Executive Officer (“CEO”). You will have supervision and control
over, and responsibility for, such management and operational functions of the Company currently
assigned to such position, and will have such other or different powers and duties, as may from
time to time be prescribed by the CEO. Your employment with the Company will begin on July 13,
2010.

2. Salary — Your annual base salary will be $350,000, paid in accordance with the standard
payroll practices of the Company and from which will be deducted income tax withholdings, social
security and other customary employee deductions in conformity with the Company’s payroll policies
in effect from time to time. Your annual base salary will be reviewed annually by the Human
Resources and Nominating Committee of the Board.

3. Bonus — You will be eligible to participate in the Company’s Performance Bonus Plan
(“PBP”). Your annual PBP bonus targets will be established by the Board. Your annual PBP
bonus will be (i) 70% of your annual base salary (“Base Target Bonus”) if the annual PBP bonus base
targets are achieved and (ii) 140% of your annual base salary (“Maximum Target Bonus”) if
the annual PBP bonus maximum targets are achieved. Your annual PBP bonus will be paid to you in a
lump sum payable when such annual PBP bonus under the PBP is regularly paid to other PBP
participants for such year but in no event later than the 15th day of the third month of the year
following the year to which such PBP bonus relates.

4. Equity Arrangements — You will be eligible to participate in the Company’s equity
incentive compensation program and, contingent upon approval of the Human Resource and Nominating
Committee of the Company’s Board of Directors, you will be granted a non-qualified stock option to
purchase 2,000,000 shares of the Company’s common stock pursuant to and subject to the terms and
conditions of a Nonqualified Stock Option Agreement.

 

 

5. Benefits — You will be entitled to 32 days of Personal Time Off (PTO) per calendar year
and you will be eligible to participate in the Company’s benefit plans and welfare plans, on the
same basis as that generally made available to other senior executives of the Company, on such
terms and conditions as may be in effect and/or amended from time to time, in each case to the
extent you are eligible for such benefits under the terms of such plans. Enclosed to this letter is
information on the Company’s benefit plans. New employees are eligible for benefits the first day
of the month following date of hire, provided the online enrollment form is completed within the
first 31-days of employment. The next opportunity to enroll in benefits would be during open
enrollment or if a qualifying event occurs. Enrollment instructions and a password for the
Company’s benefit website are issued on the first day of employment.

6. Termination of Employment — Your employment is at-will and may be terminated by you or
the Company at any time and for any reason. In connection with your employment, you and the
Company will enter into a Severance Agreement. The Severance Agreement will be in effect at the
time your employment begins. Upon termination of your employment for any reason, you will resign,
as of the date of such termination, from all positions with the Company.

7. Absence of Employment Restrictions — You hereby represent and warrant to the Company
that (i) neither the execution and delivery of this offer letter nor the performance of your duties
hereunder violates or will violate the provisions of any other agreement to which you are a party
or by which you are bound; and (ii) except for obligations to maintain confidentiality of certain
information relating to previous employers which will not unreasonably interfere with the
performance of your duties hereunder, there are no agreements by which you are currently bound
relating to employment or which contain any post-employment restrictions whatsoever.

8. Post-Employment Restrictions — The Company considers the protection of its confidential
information, proprietary materials and goodwill to be extremely important. Consequently, as a
condition of this offer of employment, entering into the Severance Agreement, the grant of a
non-qualified stock option pursuant to the Nonqualified Stock Option Agreement and your subsequent
employment, you will be required to sign the Employee Trade Secret, Confidential Information and
Post-Employment Restriction Agreement.

9. Pre-Employment Requirements — This offer of employment is contingent upon:

	 	•	 	A satisfactory background check that includes verification of information
recorded on your employment application and resume. To initiate your background check,
please log on to www.myvci.com/moneygraminternational and provide the information
requested.
	 
	 	•	 	Successfully completing a screening for illegal drugs. Information on the
Company’s testing sites is enclosed. Testing must be completed within four (4)
business days of accepting employment. The enclosed Forensic Drug
Testing Custody and Control Form and picture identification must be taken to the testing
site.

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	 	•	 	Proving identity and employment eligibility using items from the enclosed
Acceptable Documents list.

For clarification and the protection of both parties, the above reflects all specific agreements
between MoneyGram and you. All other terms and conditions of employment are considered covered by
normal policy unless expressed here in writing. The information in this letter is not intended to
constitute a contract of employment, either expressed or implied. Employment with MoneyGram is
considered to be at will, which means either you or MoneyGram may end the relationship at any time.

We look forward to working with you and believe you will be a valuable addition to the Company. If
you have any questions, please feel free to give me a call.

Sincerely,

	 	 	 	 	 
	 	 	 
	/s/ Karen Tooker
 	 	 
	Karen Tooker 	 
	VP Executive Compensation & Benefits	 	 

Please indicate your acceptance of this offer, by returning a signed copy of this letter to me.

	 	 	 	 	 
	 	 	 
	Accepted by:  	/s/ James E. Shields
 	 	Date: July 3, 2010 
	 	James E. Shields 	 	 
	 	 	 	 
	 

cc: File

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