Document:

Exhibit 10.1

 

June 22, 2005

David C. Schneider

6475 Wydown Boulevard

St. Louis, Missouri 63105

Dear David,

Congratulations! On behalf of Washington Mutual ("Washington Mutual" or "the Company"), I am pleased to offer you the position of
President, Home Loans, with a Corporate title of Executive Vice President, pending approval by the Board of Directors. We expect
that you will start on July 18, 2005 in our Seattle office. You will report directly to me. This letter outlines the terms of your
new position.

Compensation

Your starting base salary will be $600,000.00.

At Washington Mutual we've made pay for performance the foundation of our compensation strategy. One of the ways that we reward top
performers is through our bonus program. Your annualized bonus target will be 150% of your salary. The bonus you actually receive
will be based on a combination of your individual performance and the Company's performance. During your first year with us, your
bonus will be pro-rated based on your start date. Of course, Washington Mutual reserves the right to change the bonus plan at any
time.

Signing Bonus

In appreciation of your decision to join us, the Company will pay you a one-time signing bonus of $500,000.00. It will be paid in
your first normally scheduled paycheck (minus all federal and state withholding). If you voluntarily terminate employment within 24
months of your start date, you agree to repay a pro-rated share of the signing bonus. 

WaMu Equity

WaMu Equity is an important part of your total rewards package. As a valued member of our leadership team, you will be eligible to
participate in the relevant Washington Mutual equity incentive plans.

As part of your new hire package, you will be granted options to purchase 31,780 shares of Washington Mutual common stock. The
grant date will be specified in the Option Agreement. These stock options vest over three years, 1/3 each year beginning on the one
year anniversary of the grant date, subject to your continued employment by Washington Mutual. The price at which you may exercise your options will be the stock's fair market value at
the close of market on the day before the grant date. Stock options are granted under the Washington Mutual, Inc. 2003 Equity
Incentive Plan (the "Equity Incentive Plan") and are subject to the provisions of that plan. These terms and other relevant terms
of options awarded to you will be set forth in your Option Agreement.

 

As part of your new hire package, you will also be awarded $375,000
worth Washington Mutual restricted stock.  You cannot sell or transfer the restricted stock for three years from the date of
the award. After three years, the restrictions against sale or transfer will lapse, provided that you remain employed by Washington
Mutual at the end of that period. The number of shares will be dependent upon the market value at the time of the award. These
terms and other relevant terms of your award will be set forth in the Agreement.  The restricted stock will be awarded under
the Equity Incentive Plan". Pursuant to the Equity Incentive Plan, if your employment by Washington Mutual ends, you will forfeit
all restricted stock on which the restrictions have not yet lapsed.

You will be eligible for consideration for equity awards each year
during our performance review process in December. Future awards are not guaranteed; they are granted at the discretion of the
Human Resource Committee of the Board and are based on your performance and anticipated future contributions to our company.

Special Equity

In consideration of your joining us, you will receive a one-time award
of $1,000,000.00 worth of Washington Mutual restricted stock under the 2003 Equity Incentive Plan.  The restrictions against
selling or transferring these shares will lapse on December 31, 2009, provided that the performance criteria set forth in the
Agreement have been satisfied.  The number of shares will be dependent upon the market value at the time
of the award. These terms and other relevant terms of your award will be set forth in the Agreement.

Benefits

We currently offer both a 401(k) plan ("WaMu Savings") and a cash balance pension plan ("WaMu Pension"). WaMu Savings allows you to
save for retirement by contributing up to 75 percent of your salary (subject to IRS limitations) to the Plan on a pretax basis. You
are eligible to join WaMu Savings as of your date of hire. Washington Mutual matches your pretax contributions to WaMu Savings
effective the first day of the month after you have completed twelve months of service. The matching contribution is currently 100%
on the first 3% of your eligible compensation that you contribute plus 50% on the next 2% of your eligible compensation that you
contribute. You are immediately vested in your contributions, rollover contributions into the Plan, and company matching
contributions made on or after January 1, 2004. You are also automatically eligible for benefit accruals under the WaMu Pension as
of the first day of the quarter following your one year anniversary. Washington Mutual reserves the right to amend or terminate
these Plans at any time.

The Washington Mutual Flexible Benefit Program offers many choices,
including medical and dental coverage, that allow you to create a benefits package tailored to your needs. Your flexible benefits
are effective the first day of the month following your first 10 days of service with us. If you have any questions you may contact
the employee service center at (866) 492-6847.

Relocation

As part of your new hire package, Washington Mutual will pay you a one time relocation bonus of $500,000.  Washington Mutual
also offers a comprehensive relocation package. For a complete overview of the relocation benefits available to you please refer to
the attached relocation document. If you voluntarily terminate employment within 24 months of your start date, you agree to repay
the entire relocation benefit and relocation bonus.

Change in Control

You will receive Washington Mutual's standard agreement providing severance benefits in the event of termination in connection with
a future change in control (as defined in the agreement). This agreement will provide payment of an amount equal to 3.00 times your
annual compensation and accelerated vesting of your stock options upon a termination for any reason other than for cause or upon
resignation for good cause (as those terms are defined in the agreement) within eighteen months following such a change in control.
Annual compensation will be defined in the agreement, but generally includes all items of compensation for the calendar year other
than the value of grants of equity rights.

Additional Provisions

When you accept our offer, you will be employed at will, meaning that either you or the Company may terminate our relationship at
any time for any reason, without cause or advance notice. No representations to the contrary are effective unless in writing and
approved by the Board of Directors.

This offer of employment is contingent, in part, on the following conditions:

        ·   The results of your background check and
reference check

        ·   Acceptance for bonding

        ·   Confirmation of your employment and education
history

        ·   Proof of your legal right to work in the
United States

        ·   Execution of Washington Mutual's Binding
Arbitration Agreement (copy for your records enclosed) and your agreement to resolve eligible job related concerns through
Washington Mutual's Dispute Resolution Process (DRP). Your manager will present you with your original Binding Arbitration
Agreement for signature on your first day of work.

If you agree to the terms of this offer please indicate so by signing this letter. The signed original should be returned to Senior
Recruiting Manager, Chelle Wingeleth at 1111 Third Avenue, EET1202, Seattle Washington 98101 no later than June 30, 2005.

We have enjoyed getting to know you through the interview process and
look forward to the opportunity to have you on our team. We hope that you will accept this offer and we look forward to a great
future together. If you have any questions please do not hesitate to contact me at 206-377-8302.

Sincerely,

/s/ Steve Rotella

Steve Rotella

President & Chief Operating Officer

Acceptance

I accept employment with Washington Mutual according to the terms set forth in this letter.

I also agree that, if I voluntarily terminate my employment within 24 months of my start
date, I will repay a pro-rated share of the signing bonus and the full amount of any relocation benefit and relocation bonus, and,
to the extent allowed by law, I authorize Washington Mutual to withhold any such amount from my final pay.

 

/s/ David Schneider                                       
June 29, 2005

_____________________________       _______________

Signature                                                         
DateEX-10.1

ECLIPSYS CORPORATION

2005 STOCK INCENTIVE PLAN

1. Purpose

The purpose of this 2005 Stock Incentive Plan (the “Plan”) of Eclipsys Corporation, a Delaware
corporation (the “Company”), is to advance the interests of the Company’s stockholders by enhancing
the Company’s ability to attract, retain and motivate persons who are expected to make important
contributions to the Company and by providing such persons with equity ownership opportunities and
performance-based incentives that are intended to align their interests with those of the Company’s
stockholders. Except where the context otherwise requires, the term “Company” shall include any of
the Company’s present or future parent or subsidiary corporations as defined in Sections 424(e) or
(f) of the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder
(the “Code”) and any other business venture (including, without limitation, joint venture or
limited liability company) in which the Company has a controlling interest, as determined by the
Board of Directors of the Company (the “Board”).

2. Eligibility

All of the Company’s employees, officers, directors, consultants and advisors are eligible to
receive options, stock appreciation rights, restricted stock, restricted stock units and other
stock-based awards (each, an “Award”) under the Plan. Each person who receives an Award under the
Plan is deemed a “Participant”.

3. Administration and Delegation

(a) Administration by Board of Directors. The Plan will be administered by the Board.
The Board shall have authority to grant Awards and to adopt, amend and repeal such administrative
rules, guidelines and practices relating to the Plan as it shall deem advisable. The Board may
correct any defect, supply any omission or reconcile any inconsistency in the Plan or any Award in
the manner and to the extent it shall deem expedient to carry the Plan into effect and it shall be
the sole and final judge of such expediency. All decisions by the Board shall be made in the
Board’s sole discretion and shall be final and binding on all persons having or claiming any
interest in the Plan or in any Award. No director or person acting pursuant to the authority
delegated by the Board shall be liable for any action or determination relating to or under the
Plan made in good faith.

(b) Appointment of Committees. To the extent permitted by applicable law, the Board
may delegate any or all of its powers under the Plan to one or more committees or subcommittees of
the Board (a “Committee”). All references in the Plan to the “Board” shall mean the Board or a
Committee of the Board or the officers referred to in Section 3(c) to the extent that the Board’s
powers or authority under the Plan have been delegated to such Committee or officers.

(c) Delegation to Officers. To the extent permitted by applicable law, the Board may
delegate to one or more officers of the Company the power to grant Awards to employees or officers
of the Company or any of its present or future subsidiary corporations and to exercise such other
powers under the Plan as the Board may determine, provided that the Board shall fix the terms of
the Awards to be granted by such officers (including the exercise price of such Awards, which may
include a formula by which the exercise price will be determined) and the maximum number of shares
subject to Awards that the officers may grant; provided further, however, that no officer shall be
authorized to grant Awards to any “executive officer” of the Company (as defined by Rule 3b-7 under
the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) or to any “officer” of the
Company (as defined by Rule 16a-1 under the Exchange Act).

4. Stock Available for Awards

(a) Number of Shares. Subject to adjustment under Section 9, Awards may be made under
the Plan for a number of shares of common stock, $.01 par value per share, of the Company (the
“Common Stock”) equal to the sum of (1) 2,000,000 shares of Common Stock, (2) any shares reserved
for issuance under the Company’s Amended and Restated 2000 Stock Incentive Plan, as amended, that
remain available for issuance as of the date the Plan is approved by the Company’s Stockholders,
and (3) any shares of Common Stock subject to awards under the Company’s 1996 Stock Plan, as
amended, Amended and Restated 1998 Stock Incentive Plan, Amended and Restated 1999 Stock Incentive
Plan, and Amended and Restated 2000 Stock Incentive Plan, as amended, that expire or are
terminated, surrendered or canceled without having been fully exercised, are forfeited in whole or
in part (including as the result of shares of Common Stock subject to such award being repurchased
by the Company at the original issuance price pursuant to a contractual repurchase right) or result
in any shares of Common Stock subject to such award not being issued (including, without
limitation, when an award is settled for cash); provided, however, that the maximum number of
shares of Common Stock that may be issued under this Plan pursuant to the clauses (2) and (3) shall
be 8,328,635. If any Award expires or is terminated, surrendered or canceled without having been
fully exercised or is forfeited in whole or in part (including as the result of shares of Common
Stock subject to such Award being repurchased by the Company at the original issuance price
pursuant to a contractual repurchase right) or results in any Common Stock not being issued, the
unused Common Stock covered by such Award shall again be available for the grant of Awards under
the Plan. However, in the case of Incentive Stock Options (as hereinafter defined), the foregoing
provisions shall be subject to any limitations under the Code. SARs (as hereinafter defined) to be
settled in shares of Common Stock shall be counted in full against the number of shares available
for award under the Plan, regardless of the number of shares of Common Stock issued on settlement
of the SAR; provided, however, that SARs to be settled only in cash shall not be so counted.
Shares issued under the Plan may consist in whole or in part of authorized but unissued shares or
treasury shares.

(b) Sub-limits. Subject to adjustment under Section 9, the following sub-limits on
the number of shares subject to Awards shall apply:

(1) Section 162(m) Per-Participant Limit. The maximum number of shares of Common
Stock with respect to which Awards may be granted to any Participant under the Plan shall be
2,000,000 per calendar year. For purposes of the foregoing limit, the combination of an Option (as
hereafter defined) in tandem with an SAR shall be treated as a single Award. The per-Participant
limit described in this Section 4(b)(1) shall be construed and applied consistently with Section
162(m) of the Code or any successor provision thereto, and the regulations thereunder (“Section
162(m)”).

(2) Limit on Awards other than Options and SARs. The maximum number of shares with
respect to which Awards other than Options and SARs may be granted shall be 500,000.

5. Stock Options

(a) General. The Board may grant options to purchase Common Stock (each, an “Option”)
and determine the number of shares of Common Stock to be covered by each Option, the exercise price
of each Option and the conditions and limitations applicable to the exercise of each Option,
including conditions relating to applicable federal or state securities laws, as it considers
necessary or advisable. An Option which is not intended to be an Incentive Stock Option (as
hereinafter defined) shall be designated a “Nonstatutory Stock Option”.

(b) Incentive Stock Options. An Option that the Board intends to be an “incentive
stock option” as defined in Section 422 of the Code (an “Incentive Stock Option”) shall only be
granted to employees of Eclipsys Corporation, any of Eclipsys Corporation’s present or future
parent or subsidiary corporations as defined in Sections 424(e) or (f) of the Code, and any other
entities the employees of which are eligible to receive Incentive Stock Options under the Code, and
shall be subject to and shall be construed consistently with the requirements of Section 422 of the
Code. The Company shall have no liability to a Participant, or any other party, if an Option (or
any part thereof) that is intended to be an Incentive Stock Option is not an Incentive Stock Option
or for any action taken by the Board pursuant to Section 10(f), including without limitation the
conversion of an Incentive Stock Option to a Nonstatutory Stock Option.

(c) Exercise Price. The Board shall establish the exercise price of each Option and
specify such exercise price in the applicable option agreement; provided, however, that the
exercise price shall not be less than 100% of the Fair Market Value (as defined below) at the time
the Option is granted.

(d) Duration of Options. Each Option shall be exercisable at such times and subject
to such terms and conditions as the Board may specify in the applicable option agreement, provided,
however, that no Option will be granted for a term in excess of 10 years.

(e) Exercise of Option. Options may be exercised by delivery to the Company of a
written notice of exercise signed by the proper person or by any other form of notice (including
electronic notice) approved by the Board together with payment in full as specified in Section 5(f)
for the number of shares for which the Option is exercised. Shares of Common Stock subject to the
Option will be delivered by the Company following exercise either as soon as practicable or,
subject to such conditions as the Board shall specify, on a deferred basis (with the Company’s
obligation to be evidenced by an instrument providing for future delivery of the deferred shares at
the time or times specified by the Board).

(f) Payment Upon Exercise. Common Stock purchased upon the exercise of an Option
granted under the Plan shall be paid for as follows:

(1) in cash or by check, payable to the order of the Company;

(2) except as the Board may otherwise provide in an option agreement, by (i) delivery of an
irrevocable and unconditional undertaking by a creditworthy broker to deliver promptly to the
Company sufficient funds to pay the exercise price and any required tax withholding or (ii)
delivery by the Participant to the Company of a copy of irrevocable and unconditional instructions
to a creditworthy broker to deliver promptly to the Company cash or a check sufficient to pay the
exercise price and any required tax withholding;

(3) when the Common Stock is registered under the Securities Exchange Act of 1934 (the
“Exchange Act”), by delivery of shares of Common Stock owned by the Participant valued at their
fair market value as determined by (or in a manner approved by) the Board (“Fair Market Value”),
provided (i) such method of payment is then permitted under applicable law, (ii) such Common Stock,
if acquired directly from the Company, was owned by the Participant for such minimum period of
time, if any, as may be established by the Board in its discretion and (iii) such Common Stock is
not subject to any repurchase, forfeiture, unfulfilled vesting or other similar requirements;

(4) to the extent permitted by applicable law and by the Board, by (i) delivery of a
promissory note of the Participant to the Company on terms determined by the Board, or (ii) payment
of such other lawful consideration as the Board may determine; or

(5) by any combination of the above permitted forms of payment.

(g) Substitute Options. In connection with a merger or consolidation of an entity
with the Company or the acquisition by the Company of property or stock of an entity, the Board may
grant Options in substitution for any options or other stock or stock-based awards granted by such
entity or an affiliate thereof. Substitute Options may be granted on such terms as the Board deems
appropriate in the circumstances, notwithstanding any limitations on Options contained in the other
sections of this Section 5 or in Section 2. Substitute Options shall not count against the overall
share limit set forth in Section 4(a), except as may be required by reason of Section 422 and
related provisions of the Code.

(h) Limitation on Repricing. Unless such action is approved by the Company’s
stockholders: (1) no outstanding Option granted under the Plan may be amended to provide an
exercise price per share that is lower than the then-current exercise price per share of such
outstanding Option (other than adjustments pursuant to Section 10) and (2) the Board may not cancel
any outstanding option (whether or not granted under this Plan) and grant in substitution therefore
new Awards under the Plan covering the same or a different number of shares of Common Stock and
having an exercise price per share lower than the then-current exercise price per share of the
cancelled option.

6. Stock Appreciation Rights.

(a) General. A stock appreciation right, or “SAR”, is an Award entitling the holder,
upon exercise, to receive an amount in Common Stock determined by reference to appreciation, from
and after the date of grant, in the fair market value of a share of Common Stock. The base price
from which such appreciation is measured shall not be less than 100% of the Fair Market Value on
the date of grant. The date as of which such appreciation or other measure is determined shall be
the exercise date. SARs granted hereunder shall expire no later than 10 years after the date of
grant.

(b) Grants. SARs may be granted in tandem with, or independently of, Options granted
under the Plan.

(1) Tandem Awards. When SARs are expressly granted in tandem with Options, (i) the
SAR will be exercisable only at such time or times, and to the extent, that the related Option is
exercisable (except to the extent designated by the Board in connection with a Reorganization Event
or a Change in Control Event) and will be exercisable in accordance with the procedure required for
exercise of the related Option; (ii) the SAR will terminate and no longer be exercisable upon the
termination or exercise of the related Option, except to the extent designated by the Board in
connection with a Reorganization Event or a Change in Control Event and except that a SAR granted
with respect to less than the full number of shares covered by an Option will not be reduced until
the number of shares as to which the related Option has been exercised or has terminated exceeds
the number of shares not covered by the SAR; (iii) the Option will terminate and no longer be
exercisable upon the exercise of the related SAR; and (iv) the SAR will be transferable only with
the related Option.

(2) Independent SARs. A SAR not expressly granted in tandem with an Option will
become exercisable at such time or times, and on such conditions, as the Board may specify in the
SAR Award.

(c) Exercise. SARs may be exercised by delivery to the Company of a written notice of
exercise signed by the proper person or by any other form of notice (including electronic notice)
approved by the Board, together with any other documents required by the Board.

7. Restricted Stock; Restricted Stock Units.

(a) General. The Board may grant Awards entitling recipients to acquire shares of
Common Stock (“Restricted Stock”), subject to the right of the Company to repurchase all or part of
such shares at their issue price or other stated or formula price from the recipient in the event
that conditions specified by the Board in the applicable Award are not satisfied prior to the end
of the applicable restriction period or periods established by the Board for such Award. Instead
of granting Awards for Restricted Stock, the Board may grant Awards entitling the recipient to
receive shares of Common Stock to be delivered at the time such shares of Common Stock vest
(“Restricted Stock Units”) (Restricted Stock and Restricted Stock Units are each referred to herein
as a “Restricted Stock Award”).

(b) Terms and Conditions. The Board shall determine the terms and conditions of a
Restricted Stock Award, including the conditions for repurchase and the issue price.

(c) Stock Certificates. Any stock certificates issued in respect of a Restricted
Stock Award shall be registered in the name of the Participant and, unless otherwise determined by
the Board, deposited by the Participant, together with a stock power endorsed in blank, with the
Company (or its designee). At the expiration of the applicable restriction periods, the Company
(or such designee) shall deliver the certificates no longer subject to such restrictions to the
Participant or if the Participant has died, to the beneficiary designated, in a manner determined
by the Board, by a Participant to receive amounts due or exercise rights of the Participant in the
event of the Participant’s death (the “Designated Beneficiary”). In the absence of an effective
designation by a Participant, “Designated Beneficiary” shall mean the Participant’s estate.

(d) Limitation on Vesting.

(1) Restricted Stock Awards that vest based on the passage of time alone shall be zero percent
vested prior to the first anniversary of the date of grant, no more than 33-1/3% vested prior to
the second anniversary of the date of grant, and no more than 66-2/3% vested prior to the third
anniversary of the date of grant. Restricted Stock Awards that vest upon the passage of time and
provide for accelerated vesting based on performance shall not vest prior to the first anniversary
of the date of grant. This subsection 7(d)(1) shall not apply to (A) Awards granted pursuant to
Section 10(i) or (B) to a maximum of 25,000 shares of Common Stock with respect to which Restricted
Stock Awards may be granted.

(2) Notwithstanding any other provision of this Plan, the Board may, in its discretion, either
at the time a Restricted Stock Award is made or at any time thereafter, waive its right to
repurchase shares of Common Stock (or waive the forfeiture thereof) or remove or modify any part or
all of the restrictions applicable to the Restricted Stock Award, provided that the Board may only
exercise such rights in extraordinary circumstances which shall include, without limitation, death
or disability of the Participant; estate planning needs of the Participant; a merger,
consolidation, sale, reorganization, recapitalization, or change in control of the Company; or any
other nonrecurring significant event affecting the Company, a Participant or the Plan.

8. Other Stock-Based Awards.

Other Awards of shares of Common Stock, and other Awards that are valued in whole or in part
by reference to, or are otherwise based on, shares of Common Stock or other property, may be
granted hereunder to Participants (“Other Stock Unit Awards”), including without limitation Awards
entitling recipients to receive shares of Common Stock to be delivered in the future. Such Other
Stock Unit Awards shall also be available as a form of payment in the settlement of other Awards
granted under the Plan or as payment in lieu of compensation to which a Participant is otherwise
entitled. Other Stock Unit Awards may be paid in shares of Common Stock or cash, as the Board
shall determine. Subject to the provisions of the Plan, the Board shall determine the conditions
of each Other Stock Unit Awards, including any purchase price applicable thereto.

9. Adjustments for Changes in Common Stock and Certain Other Events.

(a) Changes in Capitalization. In the event of any stock split, reverse stock split,
stock dividend, recapitalization, combination of shares, reclassification of shares, spin-off or
other similar change in capitalization or event, or any distribution to holders of Common Stock
other than an ordinary cash dividend, (i) the number and class of securities available under this
Plan, (ii) the sub-limits set forth in Section 4(b), (iii) the number and class of securities and
exercise price per share of each outstanding Option, (iv) the share- and per-share provisions of
each SAR, (v) the repurchase price per share subject to each outstanding Restricted Stock Award and
(vi) the share- and per-share-related provisions of each outstanding Other Stock Unit Award, shall
be appropriately adjusted by the Company (or substituted Awards may be made, if applicable) to the
extent determined by the Board.

(b) Reorganization and Change in Control Events

(1) Definitions

(a) A “Reorganization Event” shall mean:

	 	(i)	 	any merger or consolidation of
the Company with or into another entity as a result of which all
of the Common Stock of the Company is converted into or
exchanged for the right to receive cash, securities or other
property or is cancelled;

	 	(ii)	 	any exchange of all of the Common
Stock of the Company for cash, securities or other property
pursuant to a share exchange transaction; or

	 	(iii)	 	any liquidation or dissolution
of the Company.

(b) A “Change in Control Event” shall mean:

	 	(i)	 	the acquisition by an individual,
entity or group (within the meaning of Section 13(d)(3) or
14(d)(2) of the Exchange Act) (a “Person”) of beneficial
ownership of any capital stock of the Company if, after such
acquisition, such Person beneficially owns (within the meaning
of Rule 13d-3 promulgated under the Exchange Act) 30% or more of
either (x) the then-outstanding shares of Common Stock of the
Company (the “Outstanding Company Common Stock”) or (y) the
combined voting power of the then-outstanding securities of the
Company entitled to vote generally in the election of directors
(the “Outstanding Company Voting Securities”); provided,
however, that for purposes of this subsection (i), the following
acquisitions shall not constitute a Change in Control Event: (A)
any acquisition directly from the Company (excluding an
acquisition pursuant to the exercise, conversion or exchange of
any security exercisable for, convertible into or exchangeable
for Common Stock or voting securities of the Company, unless the
Person exercising, converting or exchanging such security
acquired such security directly from the Company or an
underwriter or agent of the Company), (B) any acquisition by any
employee benefit plan (or related trust) sponsored or maintained
by the Company or any corporation controlled by the Company, (C)
any acquisition by any corporation pursuant to a Business
Combination (as defined below) which complies with clauses (x)
and (y) of subsection (iii) of this definition or (D) any
acquisition by General Atlantic Partners 28, L.P., General
Atlantic Partners 38, L.P., General Atlantic Partners 47, L.P.,
GAP Coinvestment Partners, L.P. and any other entities
controlled by or under common control with any of the foregoing
entities, within the meaning of the Exchange Act (each such
party is referred to herein as an “Exempt Person”); or

	 	(ii)	 	such time as the Continuing
Directors (as defined below) do not constitute a majority of the
Board (or, if applicable, the Board of Directors of a successor
corporation to the Company), where the term “Continuing
Director” means at any date a member of the Board (x) who was a
member of the Board on the date of the initial adoption of this
Plan by the Board or (y) who was nominated or elected subsequent
to such date by at least a majority of the directors who were
Continuing Directors at the time of such nomination or election
or whose election to the Board was recommended or endorsed by at
least a majority of the directors who were Continuing Directors
at the time of such nomination or election; provided, however,
that there shall be excluded from this clause (y) any individual
whose initial assumption of office occurred as a result of an
actual or threatened election contest with respect to the
election or removal of directors or other actual or threatened
solicitation of proxies or consents, by or on behalf of a person
other than the Board; or

	 	(iii)	 	the consummation of a merger,
consolidation, reorganization, recapitalization or share
exchange involving the Company or a sale or other disposition of
all or substantially all of the assets of the Company (a
“Business Combination”), unless, immediately following such
Business Combination, each of the following two conditions is
satisfied: (x) all or substantially all of the individuals and
entities who were the beneficial owners of the Outstanding
Company Common Stock and Outstanding Company Voting Securities
immediately prior to such Business Combination beneficially own,
directly or indirectly, more than 50% of the then-outstanding
 shares of common stock and the combined voting power of the
then-outstanding securities entitled to vote generally in the
election of directors, respectively, of the resulting or
acquiring corporation in such Business Combination (which shall
include, without limitation, a corporation which as a result of
such transaction owns the Company or substantially all of the
Company’s assets either directly or through one or more
subsidiaries) (such resulting or acquiring corporation is
referred to herein as the “Acquiring Corporation”) in
substantially the same proportions as their ownership of the
Outstanding Company Common Stock and Outstanding Company Voting
Securities, respectively, immediately prior to such Business
Combination and (y) no Person (excluding the Exempt Persons and
any employee benefit plan (or related trust) maintained or
sponsored by the Company or by the Acquiring Corporation)
beneficially owns, directly or indirectly, 30% or more of the
then-outstanding shares of common stock of the Acquiring
Corporation, or of the combined voting power of the
then-outstanding securities of such corporation entitled to vote
generally in the election of directors (except to the extent
that such ownership existed prior to the Business Combination);
or

	 	(iv)	 	the liquidation or dissolution of
the Company.

	 	(c)	 	“Good Reason” shall mean any significant
diminution in the Participant’s title, authority, or responsibilities
from and after such Reorganization Event or Change in Control Event, as
the case may be, or any reduction in the annual cash compensation
payable to the Participant from and after such Reorganization Event or
Change in Control Event, as the case may be, or the relocation of the
place of business at which the Participant is principally located to a
location that is greater than 50 miles from the current site.

	 	(d)	 	“Cause” shall mean any (i) willful failure by
the Participant, which failure is not cured within 30 days of written
notice to the Participant from the Company, to perform his or her
material responsibilities to the Company or (ii) willful misconduct by
the Participant which affects the business reputation of the Company.
The Participant shall be considered to have been discharged for “Cause”
if the Company determines, within 30 days after the Participant’s
resignation, that discharge for Cause was warranted.

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(2) Effect on Options

	 	(a)	 	Reorganization Event. Upon the
occurrence of a Reorganization Event (regardless of whether such event
also constitutes a Change in Control Event), or the execution by the
Company of any agreement with respect to a Reorganization Event
(regardless of whether such event will result in a Change in Control
Event), the Board shall provide that all outstanding Options shall be
assumed, or equivalent options shall be substituted, by the acquiring
or succeeding corporation (or an affiliate thereof); provided that if
such Reorganization Event also constitutes a Change in Control Event,
except to the extent specifically provided to the contrary in the
instrument evidencing any Option or any other agreement between a
Participant and the Company, such assumed or substituted options shall
be immediately exercisable in full if, on or prior to the first
anniversary of the date of the consummation of the Reorganization
Event, the Participant’s employment with the Company or the acquiring
or succeeding corporation is terminated for Good Reason by the
Participant or is terminated without Cause by the Company or the
acquiring or succeeding corporation. For purposes hereof, an Option
shall be considered to be assumed if, following consummation of the
Reorganization Event, the Option confers the right to purchase, for
each share of Common Stock subject to the Option immediately prior to
the consummation of the Reorganization Event, the consideration
(whether cash, securities or other property) received as a result of
the Reorganization Event by holders of Common Stock for each share of
Common Stock held immediately prior to the consummation of the
Reorganization Event (and if holders were offered a choice of
consideration, the type of consideration chosen by the holders of a
majority of the outstanding shares of Common Stock); provided, however,
that if the consideration received as a result of the Reorganization
Event is not solely common stock of the acquiring or succeeding
corporation (or an affiliate thereof), the Company may, with the
consent of the acquiring or succeeding corporation, provide for the
consideration to be received upon the exercise of Options to consist
solely of common stock of the acquiring or succeeding corporation (or
an affiliate thereof) equivalent in value (as determined by the Board)
to the per share consideration received by holders of outstanding
 shares of Common Stock as a result of the Reorganization Event.

Notwithstanding the foregoing, if the acquiring or succeeding
corporation (or an affiliate thereof) does not agree to assume, or
substitute for, such Options, or in the event of a liquidation or
dissolution of the Company, the Board shall, upon written notice to
the Participants, provide that all then unexercised Options will
become exercisable in full as of a specified time prior to the
Reorganization Event and will terminate immediately prior to the
consummation of such Reorganization Event, except to the extent
exercised by the Participants before the consummation of such
Reorganization Event; provided, however, in the event of a
Reorganization Event under the terms of which holders of Common Stock
will receive upon consummation thereof a cash payment for each share
of Common Stock surrendered pursuant to such Reorganization Event
(the “Acquisition Price”), then the Board may instead provide that
all outstanding Options shall terminate upon consummation of such
Reorganization Event and that each Participant shall receive, in
exchange therefor, a cash payment equal to the amount (if any) by
which (A) the Acquisition Price multiplied by the number of shares of
Common Stock subject to such outstanding Options (whether or not then
exercisable), exceeds (B) the aggregate exercise price of such
Options.

	 	(b)	 	Change in Control Event that is not a
Reorganization Event. Upon the occurrence of a Change in Control
Event that does not also constitute a Reorganization Event, except to
the extent specifically provided to the contrary in the instrument
evidencing any Option or any other agreement between a Participant and
the Company, all Options then outstanding shall automatically become
immediately exercisable in full if, on or prior to the first
anniversary of the date of the consummation of the Change in Control
Event, the Participant’s employment with the Company or the acquiring
or succeeding corporation is terminated for Good Reason by the
Participant or is terminated without Cause by the Company or the
acquiring or succeeding corporation.

(3) Effect on Restricted Stock Awards

	 	(a)	 	Reorganization Event that is not a Change
in Control Event. Upon the occurrence of a Reorganization Event
that is not a Change in Control Event, the repurchase and other rights
of the Company under each outstanding Restricted Stock Award shall
inure to the benefit of the Company’s successor and shall apply to the
cash, securities or other property which the Common Stock was converted
into or exchanged for pursuant to such Reorganization Event in the same
manner and to the same extent as they applied to the Common Stock
subject to such Restricted Stock Award.

	 	(b)	 	Change in Control Event. Upon the
occurrence of a Change in Control Event (regardless of whether such
event also constitutes a Reorganization Event), except to the extent
specifically provided to the contrary in the instrument evidencing any
Restricted Stock Award or any other agreement between a Participant and
the Company, all restrictions and conditions on all Restricted Stock
Awards then outstanding shall automatically be deemed terminated or
satisfied if, on or prior to the first anniversary of the date of the
consummation of the Change of Control Event, the Participant’s
employment with the Company or the acquiring or succeeding corporation
is terminated for Good Reason by the Participant or is terminated
without Cause by the Company or the acquiring or succeeding
corporation.

(4) Effect on Stock Appreciation Rights and Other Stock Unit Awards

The Board may specify in an Award at the time of the grant the effect of a Reorganization
Event and Change in Control Event on any SAR and Other Stock Unit Award.

10. General Provisions Applicable to Awards

(a) Transferability of Awards. Awards shall not be sold, assigned, transferred,
pledged or otherwise encumbered by the person to whom they are granted, either voluntarily or by
operation of law, except by will or the laws of descent and distribution or, other than in the case
of an Incentive Stock Option, pursuant to a qualified domestic relations order, and, during the
life of the Participant, shall be exercisable only by the Participant; provided, however, that the
Board may permit or provide in an Award for the gratuitous transfer of the Award by the Participant
to or for the benefit of any immediate family member, family trust or family partnership
established solely for the benefit of the Participant and/or an immediate family member thereof if,
with respect to such proposed transferee, the Company would be eligible to use a Form S-8 for the
registration of the sale of the Common Stock subject to such Award under the Securities Act of
1933, as amended; provided, further, that the Company shall not be required to recognize any such
transfer until such time as the Participant and such permitted transferee shall, as a condition to
such transfer, deliver to the Company a written instrument in form and substance satisfactory to
the Company confirming that such transferee shall be bound by all of the terms and conditions of
the Award. References to a Participant, to the extent relevant in the context, shall include
references to authorized transferees.

(b) Documentation. Each Award shall be evidenced in such form (written, electronic or
otherwise) as the Board shall determine. Each Award may contain terms and conditions in addition
to those set forth in the Plan.

(c) Board Discretion. Except as otherwise provided by the Plan, each Award may be
made alone or in addition or in relation to any other Award. The terms of each Award need not be
identical, and the Board need not treat Participants uniformly.

(d) Termination of Status. The Board shall determine the effect on an Award of the
disability, death, retirement, authorized leave of absence or other change in the employment or
other status of a Participant and the extent to which, and the period during which, the
Participant, or the Participant’s legal representative, conservator, guardian or Designated
Beneficiary, may exercise rights under the Award.

(e) Withholding. Each Participant shall pay to the Company, or make provision
satisfactory to the Company for payment of, any taxes required by law to be withheld in connection
with an Award to such Participant. Except as the Board may otherwise provide in an Award, for so
long as the Common Stock is registered under the Exchange Act, Participants may satisfy such tax
obligations in whole or in part by delivery of shares of Common Stock, including shares retained
from the Award creating the tax obligation, valued at their Fair Market Value; provided, however,
except as otherwise provided by the Board, that the total tax withholding where stock is being used
to satisfy such tax obligations cannot exceed the Company’s minimum statutory withholding
obligations (based on minimum statutory withholding rates for federal and state tax purposes,
including payroll taxes, that are applicable to such supplemental taxable income). Shares
surrendered to satisfy tax withholding requirements cannot be subject to any repurchase,
forfeiture, unfulfilled vesting or other similar requirements. The Company may, to the extent
permitted by law, deduct any such tax obligations from any payment of any kind otherwise due to a
Participant.

(f) Amendment of Award. Except as provided in Section 5(h), the Board may amend,
modify or terminate any outstanding Award, including but not limited to, substituting therefor
another Award of the same or a different type, changing the date of exercise or realization, and
converting an Incentive Stock Option to a Nonstatutory Stock Option, provided that the
Participant’s consent to such action shall be required unless the Board determines that the action,
taking into account any related action, would not materially and adversely affect the Participant.

(g) Conditions on Delivery of Stock. The Company will not be obligated to deliver any
shares of Common Stock pursuant to the Plan or to remove restrictions from shares previously
delivered under the Plan until (i) all conditions of the Award have been met or removed to the
satisfaction of the Company, (ii) in the opinion of the Company’s counsel, all other legal matters
in connection with the issuance and delivery of such shares have been satisfied, including any
applicable securities laws and any applicable stock exchange or stock market rules and regulations,
and (iii) the Participant has executed and delivered to the Company such representations or
agreements as the Company may consider appropriate to satisfy the requirements of any applicable
laws, rules or regulations.

(h) Acceleration. Except as otherwise provided in Section 7(d), the Board may at any
time provide that any Award shall become immediately exercisable in full or in part, free of some
or all restrictions or conditions, or otherwise realizable in full or in part, as the case may be.

(i) Performance Conditions.

(1) This Section 10(i) shall be administered by a Committee approved by the Board, all of the
members of which are “outside directors” as defined by Section 162(m) (the “Section 162(m)
Committee”).

(2) Notwithstanding any other provision of the Plan, if the Section 162(m) Committee
determines, at the time a Restricted Stock Award or Other Stock Unit Award is granted to a
Participant, that such Participant is, or may be as of the end of the tax year in which the Company
would claim a tax deduction in connection with such Award, a Covered Employee (as defined in
Section 162(m)), then the Section 162(m) Committee may provide that this Section 10(i) is
applicable to such Award.

(3) If a Restricted Stock Award or Other Stock Unit Award is subject to this Section 10(i),
then the lapsing of restrictions thereon and the distribution of cash or Shares pursuant thereto,
as applicable, shall be subject to the achievement of one or more objective performance goals
established by the Section 162(m) Committee, which shall be based on the relative or absolute
attainment of specified levels of one or any combination of the following: (a) earnings per share,
(b) return on average equity or average assets with respect to a pre-determined peer group, (c)
earnings, (d) earnings growth, (e) revenues, (f) expenses, (g) stock price, (h) market share, (i)
return on sales, assets, equity or investment, (j) regulatory compliance, (k) improvement of
financial ratings, (l) achievement of balance sheet or income statement objectives, (m) total
shareholder return, (n) net operating profit after tax, (o) pre-tax or after-tax income or (p) cash
flow, and may be absolute in their terms or measured against or in relationship to other companies
comparably, similarly or otherwise situated. Such performance goals may be adjusted to exclude any
one or more of (i) extraordinary items, (ii) gains or losses on the dispositions of discontinued
operations, (iii) the cumulative effects of changes in accounting principles, (iv) the writedown of
any asset, and (v) charges for restructuring and rationalization programs. Such performance goals:
(i) may vary by Participant and may be different for different Awards; (ii) may be particular to a
Participant or the department, branch, line of business, subsidiary or other unit in which the
Participant works and may cover such period as may be specified by the Section 162(m) Committee;
and (iii) shall be set by the Section 162(m) Committee within the time period prescribed by, and
shall otherwise comply with the requirements of, Section 162(m).

(4) Notwithstanding any provision of the Plan, with respect to any Restricted Stock Award or
Other Stock Unit Award that is subject to this Section 10(i), the Section 162(m) Committee may
adjust downwards, but not upwards, the cash or number of Shares payable pursuant to such Award, and
the Section 162(m) Committee may not waive the achievement of the applicable performance goals
except in the case of the death or disability of the Participant.

(5) The Section 162(m) Committee shall have the power to impose such other restrictions on
Awards subject to this Section 10(i) as it may deem necessary or appropriate to ensure that such
Awards satisfy all requirements for “performance-based compensation” within the meaning of Section
162(m)(4)(C) of the Code, or any successor provision thereto.

11. Miscellaneous

(a) No Right To Employment or Other Status. No person shall have any claim or right
to be granted an Award, and the grant of an Award shall not be construed as giving a Participant
the right to continued employment or any other relationship with the Company. The Company
expressly reserves the right at any time to dismiss or otherwise terminate its relationship with a
Participant free from any liability or claim under the Plan, except as expressly provided in the
applicable Award.

(b) No Rights As Stockholder. Subject to the provisions of the applicable Award, no
Participant or Designated Beneficiary shall have any rights as a stockholder with respect to any
shares of Common Stock to be distributed with respect to an Award until becoming the record holder
of such shares. Notwithstanding the foregoing, in the event the Company effects a split of the
Common Stock by means of a stock dividend and the exercise price of and the number of shares
subject to such Option are adjusted as of the date of the distribution of the dividend (rather than
as of the record date for such dividend), then an optionee who exercises an Option between the
record date and the distribution date for such stock dividend shall be entitled to receive, on the
distribution date, the stock dividend with respect to the shares of Common Stock acquired upon such
Option exercise, notwithstanding the fact that such shares were not outstanding as of the close of
business on the record date for such stock dividend.

(c) Effective Date and Term of Plan. The Plan shall become effective on the date on
which it is adopted by the Board, but no Award may be granted unless and until the Plan has been
approved by the Company’s stockholders. No Awards shall be granted under the Plan after the
completion of 10 years from the earlier of (i) the date on which the Plan was adopted by the Board
or (ii) the date the Plan was approved by the Company’s stockholders, but Awards previously granted
may extend beyond that date.

(d) Amendment of Plan. The Board may amend, suspend or terminate the Plan or any
portion thereof at any time; provided that, to the extent required by Section 162(m), no Award
granted to a Participant that is intended to comply with Section 162(m) after the date of such
amendment shall become exercisable, realizable or vested, as applicable to such Award, unless and
until such amendment shall have been approved by the Company’s stockholders if required by Section
162(m) (including the vote required under Section 162(m)); and provided further that, without
approval of the Company’s stockholders, no amendment may (i) increase the number of shares
authorized under the Plan (other than pursuant to Section 10), (ii) materially increase the
benefits provided under the Plan, (iii) materially expand the class of participants eligible to
participate in the Plan, (iv) expand the types of Awards provided under the Plan or (v) make any
other changes that require stockholder approval under the rules of the NASDAQ National Market, Inc.
In addition, if at any time the approval of the Company’s stockholders is required as to any other
modification or amendment under Section 422 of the Code or any successor provision with respect to
Incentive Stock Options, the Board may not effect such modification or amendment without such
approval. No Award shall be made that is conditioned upon stockholder approval of any amendment to
the Plan.

(e) Provisions for Foreign Participants. The Board may modify Awards or Options
granted to Participants who are foreign nationals or employed outside the United States or
establish subplans or procedures under the Plan to recognize differences in laws, rules,
regulations or customs of such foreign jurisdictions with respect to tax, securities, currency,
employee benefit or other matters.

(f) Compliance With Code Section 409A. No Award shall provide for deferral of
compensation that does not comply with Section 409A of the Code, unless the Board, at the time of
grant, specifically provides that the Award is not intended to comply with Section 409A of the
Code.

(g) Governing Law. The provisions of the Plan and all Awards made hereunder shall be
governed by and interpreted in accordance with the laws of the State of Delaware, excluding
choice-of-law principles of the law of such state that would require the application of the laws of
a jurisdiction other than such state.

Adopted by the Board of Directors

on April 15, 2005

Approved by the stockholders

on June 29, 2005

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