Document:

EX-10.1

Exhibit 10.1

2016 Short Term Incentive Plan Guidelines

Each year the Compensation Committee of the Board (“the Committee”) will approve the
employees of Group 1 who are eligible for participation in the Short Term Incentive Plan (“the
Plan”) for the year.

Incentive compensation levels of the Plan for each individual will be stated as a percentage
of the participating employee’s base compensation in effect when the Plan is approved by the
Committee.

For Vice Presidents and above, incentive compensation levels of the Plan will be based upon
both financial-based and mission-based goals for the Plan year as established by the
Committee.

	 	 	 	– Up to 60% of the incentive award will be based on an established financial goal
(EPS target). The EPS target will equate to the Company’s adjusted EPS as disclosed in
its fourth quarter earnings release as filed with the Securities and Exchange
Commission.

	 	 	 	– Up to 50% of the incentive award will be based on mission-based goals
established at the beginning of each year. The mission-based bonus will only be funded
if the Company achieves a minimum EPS of $6.50.

	 	 	 	– The mission-based and financial-based portions of the bonus can be awarded
independently so that achievement of one is not predicated on the achievement of the
other.

For Employees hired during a Plan year, the Committee will have complete discretion as to the
extent of participation in the Plan, if any, by the new hire.

Employees who resign their positions with Group 1 will not be entitled to participate
in the Plan for the year in which the resignation occurs.

Employees who resign their positions with Group 1 after the end of a Plan year, but
before the actual payment of the incentive compensation amounts will be entitled to payment
for the Plan year for which they were employed.

Incentive Compensation earned for the Plan year will be paid after completion of the Company’s
audit and announcement of earnings for that year.

In the event of a material restatement of the Company’s financial statement due to an error,
the Committee may, in its discretion, either make additional payment to or seek to recover the
cash amount by which the individual employee’s bonus is affected based on the restated
financial results.

The Committee has sole authority to administer, modify or change the Plan, including but not
limited to, adjusting actual performance criteria for Plan purposes for extraordinary or
unusual items included in actual operating results, or when the company fails to meet
financial objectives.Exhibit

Exhibit 10.9

EARTHLINK HOLDINGS CORP.
Board of Directors Compensation Plan
(Updated as of July 2015)
		
	1.
	Retainers

		
	a.
	Each independent director receives a $95,000 annual retainer.  

		
	b.
	The Chairman of the Board receives an additional $75,000 annual retainer.

		
	c.
	The Audit Committee chair and the Leadership and Compensation Committee chair each receive an additional $25,000 annual retainer.

		
	d.
	The Corporate Governance and Nominating Committee chair receives an additional $15,000 annual retainer.

		
	e.
	All retainers are paid annually in advance, following the annual shareholder meeting.

		
	f.
	Each independent director who joins the Board after the Board meeting that coincides with the annual shareholder meeting will receive a prorated annual retainer representing the number of months commencing with the month in which the director is appointed and ending with the month in which the next annual meeting is scheduled.  The prorated annual retainer will be paid upon the director’s appointment.

		
	2.
	Restricted Stock Units

		
	a.
	Independent directors receive a grant of RSUs valued at $140,000 on the first business day immediately following the annual shareholder meeting.∗

		
	b.
	RSUs will vest on the earlier of the first anniversary of the grant date or the date of the next annual shareholder meeting following the grant date, provided the director is serving as an independent director at that time.  Unvested RSUs shall be forfeited if the director leaves the Board prior to such time.

		
	i.
	Note:  Each RSU represents the right to receive one share of EarthLink stock.  Upon vesting, the RSUs will be payable in shares of stock (in which case the recipient has taxable income equal to the value of the shares received on the date of vesting).

		
	c.
	Each independent director who joins the Board after the Board meeting that coincides with the annual shareholder meeting will receive a prorated annual RSU grant representing the number of months commencing with the month in which the director is appointed and ending with the month in which the next annual meeting is scheduled.  The prorated annual grant will be made upon the director’s appointment.  These RSUs will vest on the same date as the vesting date for the applicable annual RSU grant.

		
	3.
	Meeting Expenses

		
	a.
	EarthLink reimburses directors for their expenses incurred in attending Board of Directors and Committee meetings.

		
	4.
	Education Expenses

		
	a.
	EarthLink will pay reasonable program fees and associated travel expenses for each director to participate in one or more additional relevant director education programs.  In selecting director education programs, directors should consider general Board governance and specific Committee focus.Hybrid Coating Technologies Inc. - Exhibit 10.1 - Filed by newsfilecorp.com

Eleventh Amendment to the Licensing Agreement previously
entered into on the 12th day of July, 2010

 

Between: 

 

Nanotech Industries Inc., a Delaware corporation. 

hereinafter referred to as “Licensor” or the “Company” 

 

And: 

 

Nanotech Industries International Inc., a Nevada corporation
(and a wholly owned subsidiary of Hybrid Coating Technologies Inc.) 

hereinafter
  referred to as “NTI”

 

(collectively referred to as the “Parties”) 

WHEREAS the Parties previously entered into a Licensing
Agreement dated July 12, 2010 (“Licensing Agreement”) and into an Amendment
Agreement dated March 17, 2011 and into a Second Amendment Agreement dated July
7, 2011, into a Third Amendment Agreement dated June 28, 2013, into a Fourth
Amendment Agreement dated December 13, 2013, into a Fifth Amendment Agreement
dated March 31, 2014, into a Sixth Amendment Agreement dated April 9, 2014, into
a Seventh Amendment dated May 6, 2014, into an Eighth Amendment dated August 19,
2014, into a Ninth Amendment dated September 10, 2014 and into a Tenth Agreement
dated August 10, 2015 (collectively the “Agreement”); 

WHEREAS the Parties would like to amend the Agreement
solely to extend the Extended Exclusivity Period; 

WHEREAS to this end the Parties have agreed to enter
into this Eleventh Amendment to the Licensing Agreement (Eleventh Amendment
Agreement”): 

	 	1. 	
      The Extended Exclusivity Period (as defined in the
      Agreement and as originally defined therein as the Exclusivity Period) is
      hereby extended and shall terminate on December 31, 2020 (“2020 Extended
      Exclusivity Period”).

	 	 	 	 
	 	2. 	
      Any reference to the Exclusivity Period and/or Extended
      Exclusivity Period in the Agreement, including but not limited to Section
      3 of the Licensing Agreement and to the Third Amendment Agreement, shall
      have the meaning of the 2020 Extended Exclusivity Period.

	 	 	 	 
	 	3. 	
      In consideration for the 2020 Extended Exclusivity
      Period, NTI shall pay the following consideration to the Licensor
      (“Consideration”):

	 	 	 	 
	 		a. 	
      Issue 2,240,000 shares of Series B Preferred Stock
      (“Series B Preferred Shares”), to be issued at the time of execution of
      this Eleventh Amendment Agreement (“Share Issuance Deadline”).

	 	 	 	 
	 		b. 	
      Issue purchase warrants to purchase 31,300,000 shares of
      Series B Preferred Stock (“90-Day Warrants”), to be issued 90 days
      following the execution of this Agreement (“90-Day Deadline“). The 90-Day
      Warrants shall be exercisable at any time from the date of issuance at a
      price per share equal to the par value of the Series B Preferred Stock and
      shall expire ten years from the date of issuance.

	 	 	 	 
	 		c. 	
      Issue purchase warrants to purchase 126,000,000 shares of
      Series B Preferred Stock (“12- Month Warrants”), to be issued 12 months
      following the execution of this Agreement (“12-Month Deadline”). The
      12-Month Warrants shall be exercisable at any time from the date of
      issuance at a price per share equal to the par value of the Series B
      Preferred Stock and shall expire ten years from the date of
    issuance.

	 	 	 	 
	 			
      (The “90-Day Warrants” and the 12-Month Warrants”
      collectively referred to as the “Warrants”).

	 	 	 	 
	 		d. 	
      Pay the Licensor an amount equal to US $1,500,000 (one
      million five hundred thousand USD) (“One Time Fee”), to be paid within 12
      (twelve) months of the execution of this Eleventh Amendment Agreement
      (“Fee Deadline”).

	 	4. 	
      Should NTI not meet any of: (i) the Share Issuance
      Deadline; or (ii) the 90-Day Deadline; or (iii) the 12-Month Deadline; or
      (iv) the Fee Deadline (individually referred to as “Unmet Deadline”) and
      should such Unmet Deadline not be extended by the Parties, Section 3 (ii)
      of the Licensing Agreement shall take immediate effect at the time of such
      Unmet Deadline, upon a written notice by the Licensor to NTI.

	 	 	 
	 	5. 	
      NTI agrees to reserve and keep available from its
      authorized and unissued shares of Series B Preferred Stock for the purpose
      of effecting the exercise of any issued Warrants, such number of shares of
      Series B Preferred Stock as shall from time to time be sufficient to
      effect the exercise of the rights under the then issued Warrants; and if
      at any time the number of authorized but unissued shares of Series B
      Preferred Stock shall not be sufficient for the purposes of the exercise
      of the then issued Warrants in accordance with the terms therein, NTI will
      use its best efforts to take such corporate action as may be necessary to
      increase its authorized and unissued shares of its Series B Preferred
      Stock to a number of shares as shall be sufficient for such
    purposes.

	 	 	 
	 	6. 	
      The Agreement, as amended by this Eleventh Amendment
      Agreement, remains in full force and effect and is hereby ratified and
      confirmed. Provisions of the Agreement that have not been amended or
      terminated by this Eleventh Amendment Agreement remain in full force and
      effect, unamended.

	 	 	 
	 	7. 	
      The Parties expressly warrant and guarantee that they
      have obtained all necessary requisite approvals and that they have the
      authority to enter into this Eleventh Amendment Agreement.

	 	 	 
	 	8. 	
      The Preamble to this Eleventh Amendment Agreement is
      incorporated herein by this reference and made a material part of this
      Eleventh Amendment Agreement.

	 	 	 
	 	9. 	
      This Eleventh Amendment Agreement may be signed in one or
      more counterparts, each of which so signed shall be deemed to be an
      original and such counterparts together shall constitute one and the same
      instrument.

[SIGNATURE PAGE FOLLOWS] 

IN WITNESS WHEREOF, the Parties have executed and
delivered this Eleventh Amendment Agreement on February 12, 2016.

Nanotech Industries Inc.

By: ___________________________

Title: 

Nanotech Industries International Inc. 

By: _____________________________

Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00254-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00254-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00254-of-00352.parquet"}]]