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Exhibit 10(j)    
    

AMENDMENT

TO CREDIT AGREEMENT

(364-DAY FACILITY) 

among

SCIENCE APPLICATIONS INTERNATIONAL CORPORATION,  

JPMORGAN
CHASE BANK,

as Administrative Agent 

CITICORP
USA, INC.,

as Syndication Agent 

MORGAN
STANLEY BANK,

WACHOVIA BANK, N.A.,

THE ROYAL BANK OF SCOTLAND PLC,

as Co-Documentation Agents 

and 

The
Lenders Party Hereto 

J.P.
MORGAN SECURITIES INC.

CITIGROUP GLOBAL MARKETS INC.

as Joint Bookrunners and Lead Arrangers 

July 30,
2003 

	EXHIBITS	 	 
	

Exhibit A	
 	

— Form of Company Counsel's Opinion
	

SCHEDULES	
 	

 
	

Schedule 2.01	
 	

— Commitments and Pro Rata Shares
	Schedule 5.05	 	— Litigation
	Schedule 5.06	 	— Defaults
	Schedule 5.07	 	— ERISA Plans
	Schedule 5.12	 	— Subsidiaries
	Schedule 7.01	 	— Existing Liens
	Schedule 7.02	 	— Certain Permitted Dispositions
	Schedule 10.02	 	— Lending Offices and Notice Addresses

  

 
 

AMENDMENT TO CREDIT AGREEMENT
  (364-DAY FACILITY)    
    

        This Amendment (the "Amendment"), dated July 30, 2003, is entered into by and among SCIENCE APPLICATIONS
INTERNATIONAL CORPORATION, a Delaware corporation (the "Company"), each lender whose name is set forth on the signature pages hereof, JPMorgan Chase
Bank, as Administrative Agent, Citicorp USA, Inc. as Syndication Agent and Morgan Stanley Bank, Wachovia Bank, N.A. and The Royal Bank of Scotland plc, as Co-Documentation Agents. 

        WHEREAS,
the Company, certain lenders party hereto and the Administrative Agent are party to a Credit Agreement (364-Day Facility), dated as of July 31, 2002 (as
amended, supplemented and otherwise modified and in effect to, but excluding the date hereof, the "Existing Credit Agreement"), providing, subject to
the terms and conditions thereof, for loans to be made by said lenders to the Company in an original aggregate principal amount not exceeding $250,000,000 at any one time outstanding; and 

        WHEREAS,
the parties hereto desire to amend in certain respects the Existing Credit Agreement. 

        NOW,
THEREFORE, the parties hereto agree to amend the Existing Credit Agreement as set forth herein. 

        Section 1.    Definitions.    Terms used but not defined herein shall have the respective meanings ascribed to
such terms in the Existing Credit Agreement. 

        Section 2.    Amendments.    Subject to the satisfaction of the conditions to effectiveness specified in
Section 4 hereof, but with effect on and after the date hereof, the Existing Credit Agreement shall be amended as follows: 

        (a)    General.    References in any Loan Document under the Existing Credit Agreement (including indirect references)
shall be deemed to be references to the Existing Credit Agreement as amended hereby (as amended, the "Amended Credit Agreement"), references to "Lenders" therein shall be deemed to be
references only to the parties hereto designated as "Lenders" on the signature pages hereof and each lender who may hereafter become a party to the Amended Credit Agreement pursuant to the terms
thereof, and references in the Existing Credit Agreement to "Schedules" therein shall be deemed to be references to the schedules attached hereto and references to the "Closing
Date" therein shall be deemed to be references to the "Effective Date" as defined herein. No person not listed on the signature
pages hereto is a party to this Amendment or a "Lender" for the purposes of the Amended Credit Agreement, notwithstanding that such person shall have participated as a lender under the Existing Credit
Agreement. 

        (b)    Specific.    

        The
definition of "Closing Date" in Section 1.01 of the Existing Credit Agreement shall be deleted in its entirety. 

        The
definition of "Commitment" in Section 1.01 of the Existing Credit Agreement shall be amended in its entirety to read as follows: 

        "Commitment"
shall mean with respect to each Lender, the amount set forth opposite the name of such Lender on Schedule 2.01 to this Agreement. The respective Pro Rata Shares of
the Lenders in the combined Commitments are set forth in Schedule 2.01. 

        The
definition of "Information Memorandum" in Section 1.01 of the Existing Credit Agreement shall be amended by replacing the reference therein to "June 19, 2002" with
"June 2003". 

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        The
definition of "Maturity Date" in Section 1.01 of the Existing Credit Agreement shall be amended in its entirety to read as follows: 

        "Maturity
Date" means July 28, 2004. 

        The
definition of "Multi-Year Credit Agreement" in Section 1.01 of the Existing Credit Agreement shall be amended in its entirety to read as follows: 

        "Multi-Year
Credit Agreement" means the amended and restated Credit Agreement (Multi-Year Facility), dated as of April 28, 2003, among the Company,
JPMorgan Chase Bank, as Administrative Agent, and various lenders. 

        Section 5.10
of the Existing Credit Agreement shall be amended by replacing the references therein to "January 31, 2002" with "January 31, 2003" and
"April 30, 2002" with "April 30, 2003". 

        Sections
7.07 and 7.08 of the Existing Credit Agreement shall be amended by replacing the references therein to "April 30, 2002" with "April 30, 2003". 

        Section 10.21
of the Existing Credit Agreement shall be amended by adding the following paragraph to the end of such Section 10.21: 

        "Notwithstanding
the foregoing, the Administrative Agent and the Lenders (and each of their respective employees, representatives or other agents) may disclose to any and all persons,
without limitation of any kind, the tax treatment and tax structure of the transactions contemplated by this Agreement and all materials of any kind (including opinions or other tax analyses) that are
provided to such person to the extent relating to such tax treatment and tax structure, other than any information for which nondisclosure is reasonably necessary in order to comply with applicable
securities laws." 

        Section 3.    Representations and Warranties.    The Company represents and warrants to the Lenders and the
Administrative Agent as of the date hereof that (i) no Default has occurred and is continuing and (ii) the representations and warranties made by the Company in Article V of the
Existing Credit Agreement are true and correct on and as of the date hereof with the same force and effect as if made on and as of the date hereof (or, if any such representation or warranty is
expressly stated to have been made as of a specific date, as of such specific date) and as if each such representation and warranty were in the form as amended and restated by this Amendment. It shall
be an Event of Default for all purposes of the Amended Credit Agreement if any representation, warranty or certification made by the Company in this Amendment, or in any certificate or other writing
furnished to any Lender or the Administrative Agent pursuant to this Amendment, shall prove to have been false or misleading as of the time made or furnished in any material respect. 

        Section 4.    Conditions To Effectiveness.    The Amended Credit Agreement shall become effective, as of the
date hereof (the "Effective Date"), upon the satisfaction of the following conditions precedent: 

        (a)    Execution by All Parties.    This Amendment shall have been executed and delivered by each of the parties
hereto. 

        (b)    Notes.    If requested by a Lender, Notes shall have been executed and delivered by the Company in favor of
such Lender. 

        (c)    Resolutions; Incumbency of the Company.    Delivery by the Company of (A) copies of the resolutions of
the board of directors of the Company approving and authorizing the execution, delivery and performance by the Company of this Amendment and the other Loan Documents to be delivered by the Company
under the Amended Credit Agreement, and authorizing the borrowing of the Loans, certified as of the Effective Date by the Secretary or an Assistant Secretary of the Company and (B) a
certificate of the Secretary or Assistant Secretary of the 

2

 

Company
(x) certifying the names and true signatures of the officers of the Company authorized to execute, deliver and perform the Loan Documents to be delivered by the Company hereunder, and
(y) designating the officers to be deemed Responsible Officers under the Amended Credit Agreement, and certifying the names and true signature of such Responsible Officers. 

        (d)    Articles of Incorporation; By-Laws and Good Standing of the Company.    Delivery by the Company of
each of the following documents: (A) the articles or certificate of incorporation of the Company as in effect on the Effective Date, certified by the Secretary of State of the state of
incorporation of the Company as of a recent date, and the bylaws of the Company as in effect on the Effective Date, certified by the Secretary or Assistant Secretary of the Company as of the Effective
Date; and (B) a good standing certificate for the Company from the Secretary of State of Delaware as of a recent date. 

        (e)    Opinion of Counsel.    The Delivery of an opinion of counsel for the Company and addressed to the
Administrative Agent and the Lenders substantially in the form of Exhibit A to this Amendment. 

        (f)    Officer's Certificate.    Delivery by the Company of a certificate of a Responsible Officer dated the Effective
Date certifying that (A) the representations and warranties contained in Article V of the Amended Credit Agreement are true and correct in all material respects, (B) no Default or
Event of Default has occurred and is continuing, and (C) there has occurred since January 31, 2003, no event or circumstance that could reasonably be expected to result in a Material
Adverse Effect. 

        (g)    Other Documents.    Delivery by the Company of such other approvals, opinions or documents as J.P. Morgan
Securities Inc., JPMorgan Chase Bank, Citgroup Global Markets Inc. and the Lenders may reasonably request by notice to the Company prior to the Effective Date. 

        (h)    Expiration of Commitments under the Existing Credit Agreement.    The expiration of all commitments under the
Existing Credit Agreement and the payment by the Company of all amounts owing to the lenders thereunder. 

        (i)    Payment of Attorney's Costs.    All Attorney Costs of the Administrative Agent in connection with the
preparation of the Loan Documents payable pursuant to Section 10.04 of the Amended Credit Agreement, and invoiced to the Company prior to the Effective Date, shall have been paid. 

        Section 5.    Documents Otherwise Unchanged.    Except as herein provided, the Amended Credit Agreement shall
remain unchanged and in full force and effect. Each Lender confirms that its Commitment is, as of the date hereof, as set forth in Schedule 2.01 hereof and agrees to be bound by the terms of
the Existing Credit Agreement, as amended hereby. The Company confirms that for the purposes of calculating Facilities Usage under the Multi-Year Credit Agreement (as such term is defined
therein) it shall consider references to the Existing Credit Agreement as references to the Amended Credit Agreement. 

        Section 6.    Counterparts.    This Amendment may be executed in any number of counterparts, each of which
shall be identical and all of which, when taken together, shall constitute one and the same instrument, and any of the parties hereto may execute this Amendment by signing any such counterpart. 

        Section 7.    Expenses.    Without limiting its obligations under Section 10.04 of the Existing Credit
Agreement, the Company agrees to pay, on demand, all reasonable out-of-pocket costs and expenses of the Administrative Agent (including the reasonable fees, charges and
disbursements of counsel for the Administrative Agent) incurred in connection with the negotiation, preparation, execution and delivery of the Amended Credit Agreement. 

3

 

        Section 8.    Binding Effect.    This Amendment shall be binding upon and inure to the benefit of the parties
hereto and their respective successors and assigns. 

        Section 9.    Governing Law.    THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

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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. 

	 	 	SCIENCE APPLICATIONS INTERNATIONAL CORPORATION, a Delaware corporation.
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name: Steven P. Fisher

Title: Senior Vice President and Treasurer

	 	 	JPMORGAN CHASE BANK, as Administrative Agent and as a Lender
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name:

Title:

	 	 	CITICORP USA, INC., as Syndication Agent and as a Lender
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name:

Title:

	 	 	MORGAN STANLEY BANK, as Co-Documentation Agent and as a Lender
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name:

Title:

	 	 	WACHOVIA BANK, N.A.

as Co-Documentation Agent and as a Lender
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name:

Title:

	 	 	THE ROYAL BANK OF SCOTLAND plc, as Co-Documentation Agent and as a Lender
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name:

Title:

	 	 	THE BANK OF TOKYO—MITSUBISHI TRUST COMPANY,

as a Lender
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name:

Title:

	 	 	THE BANK OF NEW YORK,

as a Lender
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name:

Title:

	 	 	MELLON BANK, N.A.

as a Lender
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name:

Title:

	 	 	KEY CORPORATE CAPITAL, INC.,

as a Lender
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name: Robert W. Boswell

Title: Vice President

	 	 	SOCIETE GENERALE,

as a Lender
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name:

Title:

	 	 	MIZUHO CORPORATE BANK, LTD.,

as a Lender
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name:

Title:

	 	 	SANPAOLO IMI S.p.A,

as a Lender
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name:

Title:

	 	 	THE NORTHERN TRUST COMPANY,

as a Lender
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name:

Title:

	 	 	U.S. BANK NATIONAL ASSOCIATION,

as a Lender
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name:

Title:

	 	 	MANUFACTURERS AND TRADERS TRUST COMPANY,

as a Lender
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name:

Title:

	 	 	WELLS FARGO BANK, N.A.,

as a Lender
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name:

Title:

        Schedules
and Exhibits have been omitted. 

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Exhibit 10(j)

AMENDMENT TO CREDIT AGREEMENT (364-DAY FACILITY)QuickLinks
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Exhibit 10(k)    
    

 
  SCIENCE APPLICATIONS INTERNATIONAL CORPORATION    
    
    1998 STOCK OPTION PLAN    
    

1.     Purpose  

        Science Applications International Corporation (the "Company") hereby establishes the Science Applications International Corporation 1998 Stock Option Plan (the
"Plan"). The purpose of the Plan is to advance the interests of the Company and its stockholders by providing a means by which the Company and its Subsidiaries can attract, retain and motivate
qualified key employees, directors and consultants and provide such personnel with an opportunity to participate in the increased value of the Company which their effort, initiative and skill have
helped produce. 

2.     Definitions  

        (a)   "Board"
shall mean the Board of Directors of the Company. 

        (b)   "Code"
shall mean the Internal Revenue Code of 1986, as amended. 

        (c)   "Common
Stock" shall mean the Class A Common Stock of the Company, par value $.01 per share. 

        (d)   "Committee"
shall mean the Company's Stock Option Committee responsible for administering the Plan. 

        (e)   "Employee/Optionee"
shall mean an Optionee who is an employee of the Company or any Subsidiary. 

        (f)    "Exchange
Act" shall mean the Securities Exchange Act of 1934, as amended. 

        (g)   "Exercise
Price" shall mean the price per share at which an Option may be exercised, as determined by the Committee and as specified in the Optionee's option agreement. 

        (h)   "Formula
Price" shall mean the price per share of Common Stock as established by the Board from time to time. 

        (i)    "Option"
shall mean an option to purchase Common Stock granted pursuant to the Plan. 

        (j)    "Optionee"
shall mean any person who holds an Option pursuant to the Plan. 

        (k)   "Plan"
shall mean this Science Applications International Corporation 1998 Stock Option Plan, as it may be amended from time to time. 

        (l)    "Purchase
Price" shall mean at any particular time the Exercise Price times the number of shares for which an Option is being exercised. 

        (m)  "Subsidiary"
shall mean any entity in which the Company has an equity ownership. For purposes of Sections 4(b) and 4(c), "Subsidiary" shall be limited to corporations in
an unbroken chain of corporations beginning with the Company in which each of the corporations, other than the last corporation in such chain, owns at least fifty percent (50%) of the total voting
power in one of the other corporations in such a chain. 

3.     Administration  

        (a)    The Committee.    The Plan shall be administered by the Committee which shall consist of not less than two
directors appointed by the Board, each of whom shall satisfy the requirements to be a non-employee director, as defined in Rule 16b-3(b)(3), as amended, of the Exchange
Act, and to be an "outside director" under Treasury Regulations Section 1.162-27(e)(3). No member of the Committee 

1

 

shall
be liable for any action or determination in respect thereto, if made in good faith. The Board or Committee may appoint a separate committee with respect to Optionees who are not subject to
Section 16 of the Exchange Act and/or Section 162(m) of the Code. 

        (b)    Powers of the Committee.    Subject to the provisions of the Plan, the Committee shall have the authority, in
its discretion and on behalf of the Company: 

          (i)  to
grant Options; 

         (ii)  to
determine whether the Options granted are intended to be incentive stock options or non-qualified stock options; 

        (iii)  to
determine the Exercise Price per share of Options to be granted; 

        (iv)  to
determine the individuals to whom, and the time or times at which, Options shall be granted and the number of shares for which an Option will be exercisable; 

         (v)  to
interpret the Plan; 

        (vi)  to
prescribe, amend and rescind rules and regulations relating to the Plan; 

       (vii)  to
determine the terms and provisions of each Option granted and, with the consent of the Optionee, to modify or amend each Option; 

      (viii)  to
accelerate or defer, with the consent of the Optionee, the exercise date of any Option; 

        (ix)  with
the consent of the Optionee, to reprice, cancel and regrant, or otherwise adjust the Exercise Price of an Option previously granted by the Committee; and 

         (x)  to
make all other determinations deemed necessary or advisable for the administration of the Plan, including factual determinations. 

        (c)    Committee Discretion.    In exercising its authority, the Committee shall have the broadest possible discretion
and the Committee's determinations under the Plan made in good faith shall be binding and conclusive on Optionees and other persons claiming entitlements under the Plan. In no event shall a Committee
determination with respect to a particular Optionee or provision of the Plan be binding with respect to any other Optionee (even if similarly situated) nor with respect to any future determinations
regarding the same or other provisions of the Plan. 

4.     Eligibility  

        (a)    General.    The individuals who shall be eligible to participate in the Plan and to receive Options hereunder
shall be such key employees, directors and consultants of the Company and its Subsidiaries as the Committee shall from time to time determine. 

        (b)    Limitation.    No Option shall be granted to any person who, at the time the Option is granted, owns (including
stock owned by application of the constructive ownership rules of Section 425(d) of the Code) stock possessing more than 10% of the total combined voting power or value of all classes of stock
of the Company or any Subsidiary. 

        (c)    Incentive Stock Options.    No Option which is designated as an incentive stock option shall be granted to any
person who, at the time the Option is granted, is not an employee of the Company or a Subsidiary. The aggregate fair market value (determined as of the time the Option is granted) of the Common Stock
with respect to which Options designated as incentive stock options are exercisable for the first time by an employee shall not exceed $100,000 during any calendar year (under all plans of the Company
or any Subsidiary which provide for the granting of an incentive stock option). 

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5.     Stock Subject to the Plan  

        (a)   Subject
to the following provisions of this Section 5, Options to purchase an aggregate number of shares of Common Stock equal to the sum of the following may be
granted pursuant to the Plan: (i) 8,500,000 shares of Common Stock; (ii) any shares of Common Stock available for future awards under the 1995 Stock Option Plan as of the Effective Date
following which date no further awards shall be made under the 1995 Stock Option Plan; and (iii) any shares of Common Stock that are subject to options granted under the 1992 Stock Option Plan
and 1995 Stock Option Plan of the Company (the "Prior Plans"), which are forfeited back to the Company when such options expire, terminate or for another reason cease to be exercisable in whole or in
part. 

        (b)   These
shares may consist either in whole or in part of shares of the Company's authorized but unissued Common Stock or shares of the Company's authorized and issued
Common Stock reacquired by the Company and held in its treasury. 

        (c)   If
an Option granted under this Plan is surrendered, expires or for any other reason ceases to be exercisable in whole or in part, the shares which were subject to any
such Option but as to which the Option ceases to be exercisable shall be available for Options to be granted under the Plan. 

6.     Stock Options  

        (a)    Options.    The Options granted pursuant to the Plan may be "incentive stock options" within the meaning of
Section 422 of the Code or non-qualified stock options. Options designated
to be incentive stock options shall be designated as such in the option agreements evidencing such Options. 

        (b)    Option Agreements.    Options shall be evidenced by written option agreements between the Optionee and the
Company in such form as the Committee shall from time to time determine. No Option or purported Option shall be a valid and binding obligation of the Company unless previously granted by the Committee
and evidenced in writing by such an option agreement. Appropriate officers of the Company are hereby authorized to execute and deliver option agreements in the name of the Company, as directed from
time to time by the Committee. 

        (c)    Exercise Price.    The Exercise Price at which Options may be granted under the Plan shall be not less than one
hundred percent (100%) of the fair market value of the Common Stock on the day the Option is granted, but may be less than the Exercise Price or Prices of previously granted Options, whether in
effect, canceled or expired. As long as the Company's Common Stock is not listed on any national securities exchange or traded on a regular basis (as determined by the Company's Board or a committee
of the Board to which the Board has delegated the authority to make such determination) on the over-the-counter market, fair market value may be taken as the Formula Price as
in effect at the date of grant. 

        (d)    Date of Grant.    The Committee shall, after it approves the granting of an Option to a participant, cause the
participant to be notified of such action. The date on which the Committee approves the granting of an Option shall be considered the date on which such Option is granted. 

        (e)    Terms of Exercise.    The right to purchase shares covered by any Option or Options under the Plan shall be
exercisable only in accordance with the terms and conditions of the grant to such Optionee. The Committee may, in its discretion, provide that such Option or Options may be exercised in whole or in
part, in installments, cumulative or otherwise, for any period or periods of time specified by the Committee of not more than ten years from the date of the grant of the Option. Subject to the
provisions of Section 9, that portion of an Option which is exercisable on an installment basis may not be exercised prior to the expiration of the applicable installment period. 

        (f)    Non-Transferability.    Except as otherwise provided by the Committee with respect to Options not
intended to be incentive stock options, an Option granted under the Plan may not be transferred 

3

 

except
by will or the laws of descent and distribution and, during the lifetime of the Optionee to whom granted, may be exercised only by such Optionee or his conservator or other legal
representative. 

        (g)    Limit on Option Grants.    In no event may any single Optionee receive Option grants for more than 500,000
shares of Common Stock in the aggregate under this Plan. 

7.     Expiration and Termination  

        (a)    Expiration of Option.    Each Option and all rights and obligations thereunder shall, subject to the provisions
of Section 9, expire on a date to be determined by the Committee and set forth in the option agreement, such date, however, in no event to be later than ten (10) years from the date an
Option is granted. 

        (b)    Termination of Option.    Each Option and all rights and obligations thereunder shall, subject to the
provisions of Section 9, terminate upon the occurrence of such events as determined by the Committee and set forth in the option agreement. 

8.     Exercise of Options  

        (a)   The
Purchase Price shall be paid in full when the Option is exercised. The Purchase Price may be paid in whole or in part in (i) cash, (ii) whole shares of
Common Stock owned by Optionee pursuant to Section 8(b) or (iii) a combination thereof. Further, to the extent authorized by the Committee, the Purchase Price may also be paid in whole
or in part by an election pursuant to Section 8(c). 

        (b)   If
shares of Common Stock owned by Optionee are used to pay the Purchase Price, such shares shall be evidenced by negotiable certificates or, if authorized by the
Committee, by an attestation signed by Optionee, valued at the Formula Price in effect on the date of exercise; provided, however, that unless an exception is granted by the Secretary of this
Corporation, shares of Common Stock of the Company acquired through the exercise of a stock option must have been owned by the Optionee for at least six months before such shares of Common Stock may
be used to pay the Purchase Price. 

        (c)   The
Committee may permit the Purchase Price to be paid by an election authorizing the withholding of a number of shares, valued at the Formula Price in effect on the
date of exercise of the Option, equal in value to the Purchase Price from the shares to be issued upon the exercise of the Option. 

        (d)   The
Company or any Subsidiary shall be entitled to deduct from other compensation payable to each Optionee any sums required by federal, state or local tax law to be
withheld with respect to the exercise of an Option but, in the alternative, may require the Optionee or other person exercising the Option to pay, or the Optionee or such other persons may pay, such
sums to the employer corporation at the time of such exercise. The Committee shall have the authority in its discretion to allow withholding on exercise of an Option to be satisfied by withholding
from the shares to be issued upon the exercise of the Option a number of shares, valued at the Formula Price in effect on the date of exercise of the Option, equal in value to the withholding
requirement. 

        (e)   An
Optionee shall have no rights as a shareholder of the Company with respect to any shares for which his or her Option is exercisable until the date of exercise of such
Option and the issuance of a stock certificate for such shares. No adjustment shall be made for dividends, ordinary or extraordinary or whether in currency, securities or other property,
distributions, or other rights for which the record date is prior to the date such stock certificate is issued. 

        (f)    Each
Optionee may name a beneficiary or beneficiaries (who may be named contingently or successively) to whom the right to exercise Options following the Optionee's
death shall pass. Each 

4

 

designation
will revoke any prior designations by the same Optionee, shall be on a form prescribed by the Committee, and shall be effective only when filed by the Optionee in writing with the
Committee during the lifetime of the Optionee. In the absence of any such designation, the right to exercise any unexercised Options following the death of the Optionee shall pass to the person or
persons to whom the Optionee's rights under the Option pass by will or by the applicable laws of descent and distribution. 

9.     Change In Control  

        Notwithstanding any provision of Section 7 above or any option agreement to the contrary but subject to the provisions of Section 4(c) above, the
Committee may designate, either at or after the date of grant, that any Option granted pursuant to the Plan shall, in the case of a Change In Control (as hereinafter defined) of the Company, become
fully exercisable as to all shares of Common Stock to which it relates from and after the date of such Change In Control. For purposes of this Section 9, the term "Change in Control" shall be
deemed to occur upon any "person" (as defined in Section 13(d) of the Exchange Act), other than the Company or any Subsidiary or employee benefit plan or trust maintained by the Company or any
Subsidiary, becoming the "beneficial owner" (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of more than 25% of the Common Stock of the Company
outstanding at such time, without the prior approval of the Board. If the provisions of this Section 9 are limited by the $100,000 limit of Section 4(c) above, the acceleration of
exercisability provided under this Section 9 shall be first applied to those incentive stock options having the lowest Exercise Price. Any remaining Options which would have become exercisable
but for the $100,000 limit shall become exercisable on the first date on which they may become exercisable without exceeding the $100,000 limit. 

10.   Loans  

        The Company may, but shall not be obligated to, provide to any Optionee a loan or guarantee on behalf of any Optionee a loan to facilitate the exercise of Options
on such terms and conditions as agreed to by the Committee. 

11.   Capital Adjustments  

        The aggregate number of shares of the Company's Common Stock subject to this Plan, the maximum number of shares as to which Options may be granted to any one
Optionee hereunder, and the number of shares and the Exercise Price shall be appropriately adjusted, as determined by the Committee in its discretion, for any increase or decrease in the number of
shares of Common Stock which the Company has issued resulting from any stock split, stock dividend, combination of shares or any other change, or any exchange for other securities or any
reclassification, reorganization, redesignation, recapitalization, or otherwise. 

12.   Limitation of Implied Rights  

        (a)   Neither
an Optionee nor any other person shall, by reason of the Plan, acquire any right in or title to any assets, funds or property of the Company, including, without
limitation, any specific funds, assets, or other property which the Company in its sole discretion, may set aside in anticipation of a liability under the Plan. An Optionee shall have only a
contractual right to the Common Stock, if any, issuable under the Plan, unsecured by any assets of the Company. 

        (b)   An
Employee/Optionee's employment with the Company or a Subsidiary is not for any specified term and may be terminated by such Employee/Optionee or by the Company or a
Subsidiary at any time, for any reason, with or without cause. Nothing in this Plan or in any option agreement pursuant to this Plan shall confer upon any Optionee any right to continue in the employ
of, or 

5

 

affiliation
with, the Company or a Subsidiary nor constitute any promise or commitment by the Company or a Subsidiary regarding future positions, future work assignments, future compensation or any
other term or condition of employment or affiliation. 

13.   Government and Stock Exchange Regulations  

        The Company shall not be required to issue any shares upon the exercise of any Option unless and until the Company has fully complied with any then applicable
requirements by the Securities and Exchange Commission, the California Corporations Commissioner, or other regulatory agencies having jurisdiction, and of any exchanges upon which Common Stock of the
Company may be listed. 

        Upon
the exercise of an Option at a time when there is not in effect a registration statement under the Securities Act of 1933 or a similar statute (the "Act") relating to the stock
issuable upon exercise thereof and available for delivery a prospectus meeting the requirements of Section 10(a)(3) of said Act, or if the rules or interpretations of the Securities and
Exchange Commission so require, the stock may be issued only if the holder represents and warrants in writing to the Company that the shares purchased are being acquired for investment and not with a
view to distribution thereof. 

14.   Amendment, Suspension or Termination of Plan  

        The Board or the Operating Committee of the Board may at any time suspend or terminate the Plan and may amend it from time to time in such respects as the Board
or the Operating Committee may deem advisable in order that Options granted thereunder shall conform to any change in the law, or in any other respect which the Board or the Operating Committee may
deem to be in the best interests of the Company; provided, however, that no such amendment shall, without the approval of a majority of the voting power of the capital stock of the Company present or
represented and entitled to vote at a duly constituted meeting of the stockholders, (i) increase the maximum number of shares for which Options may be granted under the Plan (in the aggregate
or to any single individual), except as specified in Section 11, (ii) materially increase the benefits accruing to any holder of an incentive stock option, or (iii) materially
modify the eligibility requirements to receive an incentive stock option. 

15.   No Implied Rights or Obligations  

        The Company, in establishing and maintaining this Plan as a voluntary and unilateral undertaking, expressly disavows the creation of any rights in Optionees or
others claiming entitlements under the Plan or any obligations on the part of the Company, any Subsidiary or the Committee, except as expressly provided herein. 

16.   Employees Based Outside of the United States  

        Notwithstanding any provision of the Plan to the contrary, in order to foster and promote achievement of the purposes of the Plan or to comply with provisions of
laws or regulations in other countries in which the Company and its Subsidiaries operate or have employees, the Committee, in its sole discretion, shall have the power and authority to
(i) determine which employees employed outside the United States are eligible to participate in the Plan, (ii) modify the terms and conditions of any Options granted to employees who are
employed outside the United States and (iii) establish subplans, modified option exercise procedures and other terms and procedures to the extent such actions may be necessary or advisable. 

17.   Effective Date  

        The effective date of the Plan shall be July 10, 1998. 

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18.   Termination Date  

        Unless the Plan shall have been previously terminated by the Board or the Operating Committee of the Board, the Plan shall terminate on July 31, 2000,
except as to Options theretofore granted and outstanding under the Plan at that date, and no Option shall be granted after that date. 

19.   Governing Law  

        The Plan and all option agreements shall be construed in accordance with and governed by the laws of the State of Delaware. 

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QuickLinks

Exhibit 10(k)

SCIENCE APPLICATIONS INTERNATIONAL CORPORATION 1998 STOCK OPTION PLAN

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