Document:

EX-10.2

Exhibit 10.2

EMPLOYMENT AGREEMENT AMENDMENT 2

     THIS EMPLOYMENT AGREEMENT AMENDMENT 2 (“Amendment”) is made as of December 16, 2008 between
HARRIS INTERACTIVE INC., a Delaware corporation (“Company”), and GEORGE H. TERHANIAN (“Executive”).

     This Amendment amends the Employment Agreement (“Employment Agreement”)made between Company
and Executive effective as of September 1, 2007, as previously amended by Amendment 1 dated as of
April 30, 2008. All terms of the Employment Agreement, except as amended hereby, remain in full
force and effect. Capitalized terms not otherwise defined herein shall have the meanings given to
them in the Agreement.

     1.
 Section 1.2(a) of the Employment Agreement is hereby amended to read in its entirety as
follows:

     (a) Executive shall serve as President, Global Solutions. Executive shall
perform duties and shall have authority as may from time to time be specified by the
Chief Executive Officer and the Board of Directors of Company (the “Board”).
Executive’s title and duties may be changed from time to time by the Chief Executive
Officer and the Board; provided, however, that (i) Executive’s position, authority,
duties, and responsibilities shall be no less senior and executive in nature than
those of President, Global Solutions and (ii) the duties assigned to the Executive
shall be in all respects consistent with all applicable laws and regulations.
Executive will report to the Chief Executive Officer of the Company. Executive
principal business office will be relocated from the United Kingdom to the United
States on or about March 1, 2009.

     2.
 Section 3.1 of the Employment Agreement is hereby amended to read in its entirety as
follows:

3.1 Base Compensation. As compensation for Executive’s services, Company
shall pay to Executive base compensation in the form of salary (“Base Compensation”)
in the amount of $300,000 per annum. Base Compensation shall be payable in periodic
installments in accordance with Company’s regular payroll practices for its executive
personnel at the time of payment, but in no event less frequently than monthly. The
Compensation Committee of the Board shall review Base Compensation periodically for
the purpose of determining, in its sole discretion, whether Base Compensation should
be adjusted for reasons other than Exchange Adjustments; provided, however, that
Executive’s Base Compensation shall not be less than $300,000.

     3.
 Section 3.2 of the Employment Agreement is hereby amended to read in its entirety as
follows:

3.2 Performance Bonus. As additional compensation for the services rendered
by Executive to Company Executive shall be paid a performance bonus (“Performance
Bonus”) payable in full at the same time as payment of other executive bonuses by the
Company but no later than two and one-half (2.5) months after the end of the
applicable fiscal year, based upon meeting performance criteria. The Performance
Bonus award criteria and amounts shall be those established on an annual basis by the
Compensation Committee of the Board of Directors of the Company based upon
performance guidelines established for executive officers of the Company. In no
event shall Executive’s target Performance Bonus be less than $100,000, but the
Executive may earn more or less than target depending upon achievement of the
performance guidelines.

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     4.
 Section 3.7 of the Employment Agreement is hereby amended to read in its entirety as
follows:

3.7 Additional Benefits. The Company acknowledges that Executive’s primary
business location is in the United Kingdom through quarters ending December 31, 2008.
The Company shall provide Executive with (i) an apartment allowance of a minimum of
$2,436 per month, applicable both to service in the United Kingdom and the United
States, adjusted from time to time in the discretion of the Company, (ii)
reimbursement in fiscal year 2009 for one round trip economy class airfare to the
United States for home leave from the United Kingdom, and (iii) income tax
preparation and filing assistance during Executive’s assignment in the United Kingdom
and final preparation and filing of returns upon his return to the United States
anticipated to occur about March 1, 2009. The Company will reimburse Executive for
his reasonable expenses incurred in connection with his relocation from the United
Kingdom to the United States, anticipated to occur on or about March 1, 2009.

     5.
 Subsections 4.7(b)(ii) and (iii) of the Employment Agreement are hereby amended to read in
their entirety as follows:

(ii) any decrease in Executive’s salary as it may have increased during the term of
this Agreement, except for decreases that are in conjunction with decreases in
executive salaries by the Company generally and that do not result in a decrease in
Executive’s annual salary below $300,000 per annum;

(iii) any decrease of Executive’s target Performance Bonus below $100,000; or

     6.
 Section 4.7(b) of the Employment Agreement is hereby amended to add a new subsection (v)
follows:

(ii) failure of the Compensation Committee of the Board to grant 100,000
non-qualified stock options to Executive on the Company’s regularly scheduled
quarterly grant date in February, 2009, such options to be granted at fair market
value on the grant date and to be subject to the Company’s standard terms for such
grants including among others 25% vesting at the end of the first year after the
grant date and 75% ratably monthly over the succeeding three-year period provided
that Executive remains an employee of the Company.

     IN WITNESS WHEREOF, this Amendment has been executed and delivered as of the date first above
written.

[Signature Page Follows]

Page 2 of 3

 

	 	 	 	 	 
	HARRIS INTERACTIVE INC.	 	 
	 
	 	 	 	 
	By:

	 	     /s/Kimberly Till
	 	 
	 

	 	 	 	 
	 

	 	Kimberly Till	 	 
	 

	 	Chief Executive Officer	 	 
	 
	 	 	 	 
	 

	 	/s/ George H. Terhanian	 	 
	 

	 	 	 	 
	 

	 	GEORGE H. TERHANIAN	 	 

Page 3 of 3EX-10.3

Exhibit 10.3

DESCRIPTION OF BONUS PLANS AS MODIFIED DECEMBER 16, 2008

     For fiscal 2009, the Company has two bonus plans in which its executive officers, together
with other employees, participate including a Corporate Bonus Plan and a Business Unit Bonus Plan.
Messrs. Bakken, Bhame, and Narowski participate in the Corporate Bonus Plan and the remaining
executive officers participate in the Business Unit Bonus Plan. Ms. Till’s bonus for fiscal 2009
is determined pursuant to the terms of her Employment Agreement outside of the terms of the bonus
plans.

     Under the Corporate Bonus Plan, for fiscal 2009 a fixed dollar pool for all participants of
$990,000 is established. The actual payout from the pool increases or decreases based upon
achievement of pre-set levels of “Adjusted EBITDA” (EBITDA adjusted to remove the effect of
non-cash stock-based compensation expense). Each participant in the Corporate Bonus Plan is
allocated a specified percentage of the pool. In order for a participant in the Corporate Bonus
Plan to achieve his full personal target bonus, Adjusted EBITDA would have to be at least budget.
Based upon better or worse performance, bonus payouts can increase or decrease. Absent any
discretionary allocation, no bonus is payable if performance is less than 90% of budget.

     Under the Business Unit Bonus Plan for fiscal 2009, individual metrics are established for
each participant. In general, 25% of each participant’s bonus is determined based upon
Company-wide operating profit, 65% of bonus is based upon operating profit for the particular
business unit with which the officer is associated, and 10% of the bonus is based upon evaluation
of performance against individual management objectives. Full bonus payouts will be made with
respect to the 25% and 65% portions of the bonus upon achievement of budgeted operating profit for
the Company and applicable business unit, respectively, , with a minimum threshold of 80% of
budgeted operating profit for receipt of the respective portion of the bonus. Within the Business
Unit Bonus Plan bonuses may be increased or decreased by set percentages based upon client
satisfaction scores for the business unit with which a particular officer is associated.

     Up to 10% under all of the Company’s bonus plans is available to be awarded to the
participants in any of those plans in the discretion of the Chief Executive Officer, subject in the
case of executive officers to approval by the Compensation Committee. The Compensation Committee
of the Board of Directors also reserves the right to increase the payouts that would otherwise be
applicable.

Page 1 of 1EX-10.1

Exhibit 10.1

FIRST AMENDMENT TO PURCHASE AGREEMENT

     THIS FIRST AMENDMENT TO PURCHASE AGREEMENT (this “Amendment”), dated as of December                     , 2008,
is entered into by and among Flagstar Bancorp, Inc., a Michigan corporation (the “Company”), and
                                                                         
       , (the “Purchaser”).

     WHEREAS, the Company and the Purchaser entered into that certain Purchase Agreement, dated as
of May 14, 2008 (the “Purchase Agreement”), pursuant to which the Purchaser purchased (i) shares of
the Company’s common stock (“Common Shares”) and (ii) shares of the Company’s mandatory convertible
non-cumulative perpetual preferred stock that automatically converted into shares of the Company’s
common stock on August 12, 2008 (as so converted, the “Converted Shares,” and together with the
Common Shares, the “Purchaser Shares”);

     WHEREAS, in the event that the Company sells (i) shares of its common stock at a price less
than $4.25 per share or (ii) securities convertible into shares of its common stock at a price less
than $4.25 per share, Section 8 of the Purchase Agreement provides that the Company shall pay cash
to the Purchaser in an amount per share of the Company’s common stock held by such Purchaser
calculated as set forth therein;

     WHEREAS, the Company has applied for participation in the United States Department of the
Treasury’s capital purchase program (the “TARP Program”) pursuant to which the Company will issue
shares of the Company’s preferred stock and a warrant to purchase shares of the Company’s common
stock (the “TARP Investment”);

     WHEREAS, in order to consummate the TARP Investment, the Company and the Purchaser desire to
amend the Purchase Agreement to provide for the issuance of warrants to the Purchaser in lieu of
the cash payment required pursuant to Section 8 of the Purchase Agreement;

     NOW, THEREFORE, in consideration of the foregoing and the promises and covenants set forth
herein and for other good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the parties hereto consent and agree as follows:

     1. Defined Terms. All terms capitalized not defined herein shall have the meanings given to
them in the Purchase Agreement.

     2. Amendment. The following will be added to the end of Section 8 of the Purchase Agreement:

     “(d) The Company has applied for participation in the United States Department of the
Treasury’s capital purchase program (the “TARP Program”) pursuant to which, if approved, the
Company will issue shares of the Company’s preferred stock and a warrant to purchase shares of the
Company’s common stock (the “TARP Investment”). Notwithstanding anything else contained in this
Section 8, upon the consummation of the TARP Investment, the Company, in full satisfaction of any
and all obligations under this Section 8, will issue to the Purchaser a warrant to purchase, in the
aggregate, the number of shares of Common Stock plus the number of Conversion Shares purchased by
Purchaser pursuant to this Agreement (the “Warrant”) and held by the Purchaser on the date of
consummation of the TARP Investment, as specified in an Officer’s Certificate certifying to how
many shares of Company common stock the Purchaser purchased pursuant
to this Agreement, in the form of Exhibit A hereto and still
owns as of the consummation of the TARP Investment. The exercise price of the Warrant shall be
equal to lesser of (1) $0.62 and (2) the exercise price of the warrant issued as part of the TARP
Investment.”

     3. This
Amendment is subject to the condition that the TARP Investment is
consummated.

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     4. Counterparts. This Amendment may be executed in multiple counterparts, each of which shall
be deemed an original, but all of which together shall constitute one and the same instrument. This
Amendment may be executed via facsimile, which shall be deemed an original.

     5. Severability. If any provision of this Amendment shall be declared void or unenforceable by
any judicial or administrative authority, the validity or enforceability of any other provision and
of the entire Amendment shall not be affected.

     6. Governing Law. This Amendment shall be governed by and construed and enforced in accordance
with the internal laws of the State of New York.

     7. Further Assurances. Following the date hereof, each party shall execute, deliver,
acknowledge and file, or shall cause to be executed, acknowledged, delivered and filed, all such
further instruments, certificates and other documents and shall take, or cause to be taken, such
other actions as may reasonably be requested by any other party in order to carry out the
provisions of this Amendment and the transactions discussed herein.

     8. Confidentiality. The undersigned Purchaser hereby agrees that, except as required by law,
to hold in confidence, this Amendment, the TARP Investment, and all of the terms thereof and all of
the transactions contemplated thereby and hereby until such time as the material terms thereof and
hereof are publicly disclosed by the Company (which the Company
agrees to do promptly in compliance with
applicable law).

     9. Purchase Agreement to Remain in Place. This Amendment is solely limited to the sections of
the Purchase Agreement referenced herein. In all other respects, the parties hereto agree that all
of the other covenants and provisions provided in the Purchase Agreement shall remain and continue
in full force and effect.

     10. Other Investors. Notwithstanding the foregoing, this Amendment shall only be effective if
the Company shall promptly (A) provide notice to the Purchaser of any rights granted by the Company
to any other investors that are parties to the Purchase Agreement (“Other Investors”), or rights
enforced by any Other Investor, which are more favorable to such Other Investor than the rights
enjoyed by the Purchaser, and (B) cause the Purchaser to receive the benefit of such more-favorable
rights on a proportionate basis (based on the number of shares of common stock of the Company held
by the Investor (on an as-converted to common stock basis), relative to the number of shares of
common stock of the Company held by such Other Investor).

[Signature page follows]

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     IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above
written.

	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 	 	FLAGSTAR BANCORP, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	Title:	 	 	 	 
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 
	 	 	[NAME OF PURCHASER]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	Title:	 	 	 	 

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