Document:

EXHIBIT 10.4 

 

PATENT SECURITY AGREEMENT

THIS PATENT
SECURITY AGREEMENT (the “Agreement”), dated as of December 14, 2012, is made by and among HPEV, Inc., a Nevada corporation
(the “Debtor”), HPEV, Inc., a Delaware corporation (“Subsidiary”), and each holder of a Senior Convertible
Debenture of even date, and SPIRIT BEAR LIMITED, itself a holder and acting as collateral agent for the other holders (collectively,
the “Secured Party”).

WHEREAS,
in order to induce the Secured Party to agree to the terms and conditions of the Senior Convertible Debenture, Debtor and Subsidiary
have agreed to secure Debtor’s obligations under the Senior Convertible Debenture with Subsidiary’s patents.

NOW, THEREFORE,
Debtor, Subsidiary and the Secured Party agree as follows:

		1.	DEFINITIONS. All terms defined in the Senior Convertible Debenture
of even date herewith between the Debtor and Secured Party (the “Debenture”) which are not otherwise defined herein
shall have the meanings stated in the Debenture. In addition, the following terms have the meanings set forth below:

		a.	“Obligations” means each and every debt, liability and
obligation of every type and description arising under or in connection with the Debenture which the Debtor may now or at any time
hereafter owe to the Secured Party, whether such debt, liability or obligation now exists or is hereafter created or incurred and
whether it is or may be direct or indirect, due or to become due, absolute or contingent, primary or secondary, liquidated or unliquidated,
independent, joint, several or joint and several.

		b.	“Patents” means all of the Debtor’s and Subsidiary’s
right, title and interest in and to patents or applications for patents, fees or royalties with respect to each, and including
without limitation the right to sue for past infringement and damages therefor, and licenses thereunder, all as presently existing
or hereafter arising or acquired, including without limitation the patents listed here: 

Serial/Patent No. 7,569,955
– Electric Motor with Heat Pipes

Serial/Patent No. 8,198,770
– Heat Pipe Bearing Systems and Methods

Serial/Patent No. 8,238,818
– Electric Motor with Heat Pipes

Serial/Patent No. 8,134,260
– Electric Motor with Heat Pipes

Serial/Patent No. 8,148,858
– Totally Enclosed Heat Pipe Cooled Motor

Serial/Patent Pending No.
12/352,301 – Composite Heat Pipe Structure

Serial/Patent Pending No.
12/829,603 – Hybrid Parallel Load Assist System and Methods

 

and any divisions, continuations,
continuations-in-part, reissues or corresponding foreign patents and patent applications.

		2.	SECURITY INTEREST. The Debtor and Subsidiary hereby irrevocably pledge
and assign to, and grant to the Secured Party a security interest, with power of sale to the extent permitted by law, (the “Security
Interest”) in the Patents to secure payment and performance of the Obligations.

		3.      	Debtor and Subsidiary shall, within five (5) business days
                                                                                                                                                                                                        following the date of this agreement, deliver to their counsel, Sichenzia Ross Friedman Ference LLP, 61 Broadway, New York,
                                                                                                                                                                                                        New York, 10006; such Patents as shall have been obtained from the United States Patent and Trademark Office and shall, in
                                                                                                                                                                                                        each instance as shall arise, thereafter deposit with their counsel, within five (5) business days of receipt thereof from
                                                                                                                                                                                                        the USPTO, any Patent as shall be granted but that is pending as of the date hereof; and counsel shall hold all such Patents
                                                                                                                                                                                                        pending their disposition consistent with the terms and provisions of the Debenture. REPRESENTATIONS, WARRANTIES AND AGREEMENTS.
The Debtor hereby represents, warrants and agrees as follows:

		a.	EXISTENCE, AUTHORITY. Each of the Debtor and Subsidiary is a corporation, having full power to
and authority to make and deliver this Agreement. The execution, delivery and performance of this Agreement by the Debtor and Subsidiary
have been duly authorized by all necessary action of the Debtor’s board of directors, and if necessary its stockholders,
and do not and will not violate the provisions of, or constitute a default under, any presently applicable law or its articles
of incorporation or bylaws or any agreement presently binding on it. This Agreement has been duly executed and delivered by the
Debtor and Subsidiary and constitutes the Debtor’s and Subsidiary’s lawful, binding and legally enforceable obligation.
The correct legal names of the Debtor and Subsidiary are as set forth at the beginning of this Agreement. Except for any financing
statements required to be filed under the applicable Uniform Commercial Code (the “UCC”) and any filings or recordings
of this Agreement in the U.S. Patent and Trademark Office, the authorization, execution, delivery and performance of this Agreement
do not require notification to, registration with, or consent or approval by, any federal, state or local regulatory body or administrative
agency.

		b.	PATENTS. All of the Patents identified in Section 1 are owned by
Subsidiary and controlled by the Debtor as of the date hereof and the information in Section 1 accurately reflects the existence
and status of the Patents listed therein as of the date hereof.

		c.	TITLE. Subsidiary has absolute title to each Patent, free and clear
of all security interests, liens and encumbrances, except the Security Interest. The Debtor or Subsidiary, as applicable, (i) will
have, at the time the Debtor or Subsidiary acquires ownership in Patents hereafter arising, absolute title to each such Patent,
free and clear of all security interests, liens and encumbrances, except the Security Interest, and (ii) except for licenses entered
into hereafter in the ordinary course of business for fair consideration and which do not cause material harm to the Secured Party
as holder of the Debenture, will keep all Patents free and clear of all security interests, liens and encumbrances except the Security
Interest.

		d.	NO SALE. Neither the Debtor nor Subsidiary will sell or otherwise
dispose of the Patents, or any interest therein, without the Secured Party’s prior written consent, except (i) as permitted
in subsection c(ii) above, and (ii) sale or disposition of Patents that provide no material continuing benefit to Debtor or Subsidiary.

		e.	DEFENSE. The Debtor and Subsidiary will at their own expense, and
using its best efforts, protect and defend the Patents and against all claims or demands of all persons other than the Secured
Party, which would cause material harm to the Secured Party.

		f.	MAINTENANCE. The Debtor and Subsidiary will at their own expense
maintain the Patents to the extent reasonably advisable in its business including, but not limited to, filing all applications
to register or obtain letters patent, file all affidavits and renewals, and pay all annuities and maintenance fees possible with
respect to issued registrations and letters patent. The Debtor and Subsidiary covenant that they will not abandon nor fail to pay
any maintenance fee or annuity due and payable on any Patent (except for those that provide no material continuing benefit to Debtor
or Subsidiary), nor fail to file any required affidavit in support thereof, without first providing the Secured Party: (i) sufficient
written notice to allow the Secured Party to timely pay any such maintenance fees or annuity or take such other action which may
become due on any of said Patents, or to file any affidavit with respect thereto, and (ii) a separate written power of attorney
or other authorization to pay such maintenance fees or annuities, or to file such affidavit, or take such other action, should
such be necessary or desirable.

		4.	SECURED PARTY’S RIGHT TO TAKE ACTION. If the Debtor or Subsidiary
fails to perform or observe any of its obligations set forth in this Agreement, and if such failure continues for a period of ten
(10) calendar days after the Secured Party gives the Debtor and Subsidiary written notice thereof, or if the Debtor or Subsidiary
notifies the Secured Party that it intends to abandon a Patent, the Secured Party may (but need not) perform or observe such obligation
on behalf and in the name, place and stead of the Debtor or Subsidiary, as applicable (or, at the Secured Party’s option,
in the Secured Party’s own name) and may (but need not) take any and all other actions which the Secured Party may reasonably
deem necessary to cure or correct such failure.

		5.	COSTS AND EXPENSES. Except to the extent that the effect of such
payment would be to render any loan or forbearance of money usurious or otherwise illegal under any applicable law, the Debtor
shall pay the Secured Party on demand the amount of all moneys expended and all costs and expenses (including reasonable attorneys’
fees) incurred by the Secured Party in connection with or as a result of the Secured Party’s taking action or exercising
its rights under this Agreement, together with interest thereon from the date expended or incurred by the Secured Party at the
highest rate then applicable to any of the Obligations.

		6.	ASSISTANCE WITH FILING. On a continuing basis for the purpose of
perfecting and maintaining the perfection of Secured Party’s security interest in the Patents, Debtor or Subsidiary, as applicable,
will execute all financing or continuation statements, collateral agreements, and filings with the United States Patent and Trademark
Office, as may reasonably be necessary or advisable, or as reasonably requested by Secured Party, to carry out the intent and purposes
of this Security Agreement, or for assuring and confirming to Secured Party the grant or perfection of a security interest in the
Patents. 

		7.	POWER OF ATTORNEY. To facilitate the Secured Party’s taking
action or exercising its rights under this Agreement, each of the Debtor and Subsidiary hereby irrevocably appoints (which appointment
is coupled with an interest) the Secured Party, or its delegate, as the attorney-in-fact of the Debtor and Subsidiary with the
right (but not the duty) from time to time to create, prepare, complete, execute, deliver, endorse or file, in the name and on
behalf of the Debtor or Subsidiary, as applicable, any and all instruments, documents, applications, financing statements, and
other agreements and writings required to be obtained, executed, delivered or endorsed by the Debtor or Subsidiary under this Agreement,
or, necessary for the Secured Party, after an Event of Default, to enforce or use the Patents or to grant or issue any exclusive
or non-exclusive license under the Patents to any third party, or to sell, assign, transfer, pledge, encumber or otherwise transfer
title in or dispose of the Patents to any third party. Each of the Debtor and Subsidiary hereby ratifies all that such attorney
shall lawfully do or cause to be done by virtue hereof. The power of attorney granted herein shall terminate upon the payment and
performance of all Obligations. 

		8.	DEBTOR’S USE OF THE PATENTS. The Debtor and Subsidiary, as
applicable, shall be permitted to control and manage the Patents, including the right to exclude others from making, using or selling
items covered by the Patents and any licenses thereunder, in the same manner and with the same effect as if this Agreement had
not been entered into, so long as no Event of Default occurs and remains unwaived or uncured.

		9.	EVENTS OF DEFAULT. Each of the following occurrences shall constitute
an event of default under this Agreement (herein called “Event of Default”): (a) an Event of Default as defined in
the Debenture, shall occur; or (b) the Debtor shall fail promptly (including any applicable grace period) to observe or perform
any covenant or agreement herein binding on it; or (c) any of the representations or warranties contained in Section 3 shall prove
to have been incorrect in any material respect when made. 

		10.	REMEDIES. Upon the occurrence of an Event of Default and at any time
thereafter during its continuance, the Secured Party may, at its option, take any or all of the following actions:

		a.	The Secured Party may exercise any or all remedies available under
the Debenture.

		b.	The Secured Party may sell, assign, transfer, pledge, encumber or
otherwise dispose of the Patents.

		c.	The Secured Party may enforce the Patents and any licenses thereunder,
and if the Secured Party shall commence any suit for such enforcement, the Debtor shall, at the request of the Secured Party, do
or cause Subsidiary to do any and all lawful acts and execute any and all proper documents required by the Secured Party in aid
of such enforcement.

		d.	The remedies of the Secured Party hereunder are cumulative and the
exercise of any one or more of the remedies provided for herein or under the Uniform Commercial Code of California shall not be
construed as a waiver of any of the other remedies of the Secured Party so long as any part of the Obligations remains unsatisfied.

		11.	ATTORNEYS’ FEES. If any action relating to this Security Agreement
is brought by a party hereto against another party, the prevailing party shall be entitled to recover reasonable attorneys’
fees, costs and disbursements.

		12.	AMENDMENTS. Except as otherwise provided herein, this Security Agreement
may be amended only by a written instrument signed by both parties hereto.

		13.	WAIVERS. No failure or delay on the part of Secured Party, in the
exercise of any power, right or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise
of a waiver operate as a continuing waiver. 

		14.	SEVERABILITY. If any provision or application of this Agreement is
held unlawful or unenforceable in any respect, such illegality or unenforceability shall not affect other provisions or applications
which can be given effect and this Agreement shall be construed as if the unlawful or unenforceable provision or application had
never been contained herein or prescribed hereby. 

		15.	GOVERNING LAW AND JURISDICTION. This Security Agreement shall be
governed by, and construed in accordance with, the internal laws of the State of California, without regard to principles of conflicts
of law. Debtor and Secured Party consent to the exclusive jurisdiction of any state or federal court located in San Francisco,
California. 

		16.	COUNTERPARTS. This Security Agreement may be executed in any number
of counterparts, each of which when so delivered shall be deemed an original, but all such counterparts shall constitute but one
and the same instrument. Each such Security Agreement shall become effective upon the execution of a counterpart hereof or thereof
by each of the parties hereto and notification that such executed counterparts has been received by Debtor, Subsidiary and Secured
Party.

IN WITNESS WHEREOF, the parties
have caused this Patent Security Agreement to be duly executed and delivered as of the date first above indicated.

 

HPEV, INC., A NEVADA CORPORATION

By: /s/ Timothy Hassett

Name: Timothy Hassett

Title:    CEO

 

HPEV, INC., A DELAWARE CORPORATION

By: /s/ Quentin D. Ponder

Name: Quentin D. Ponder

Title:    Chairman

 

SPIRIT BEAR LIMITED

By:  Jay Palmer

Name: Jay Palmer

Title:    PresidentExibit 10.1

		

			Exhibit 10.1

		

		

			 

		

		
			Intersil Corporation
		

		
			1001 Murphy Ranch Road
		

		
			Milpitas, CA 95035
		

		
			 
		

		
			December 9, 2012
		

		
			 
		

		
			Mr. David B. Bell
		

		
			c/o Intersil Corporation
		

		
			1001 Murphy Ranch Road
		

		
			Milpitas, CA 95035
		

		
			 
		

		
			Dear David,
		

		
			 
		

		
			This letter (the “Letter”) confirms your resignation, effective immediately, as the President and Chief Executive Officer of Intersil Corporation (the “Company”), as a member of the Board of Directors of the Company and from all other positions and/or directorships you hold with the Company and/or its subsidiaries.  
		

		
			 
		

		
			You and the Company agree that your resignation will be treated as a Termination without Cause for the purposes of Section 7(b) of your employment agreement with the Company, dated May 4, 2010, as amended to date (the “Employment Agreement”) and any equity awards granted to you by the Company. Accordingly, you will be entitled to receive certain benefits and payments with regard to your termination of employment. The list below describes the payments and benefits that you will be entitled to receive following your termination of employment, provided that you comply with the requirements of the Employment Agreement, this Letter, and all other applicable agreements with the Company and/or its subsidiaries. Except as set forth below, all equity awards granted to you by the Company pursuant to the Company’s 2008 Equity Compensation Plan (the “Plan”) or otherwise shall remain subject to the terms and conditions of the Plan and all applicable award agreements.
		

		
			 
		

			 1.	
			Accrued Payments. You will receive payment of all unpaid base salary and vacation accrued to the date of your termination of employment.

			 2.	
			Cash Payments. You will be entitled to continuance of your base salary as of the date of this Letter ($640,000 per year) for a period of two years, payable in accordance with the Company’s normal payroll practices. In addition, you will be entitled to four payments, each in the amount of fifty-five percent (55%) of such base salary, payable within 30 days after each of March 1, 2013, September 1, 2013, March 1, 2014 and September 1, 2014. 

			 3.	
			Equity Awards. As of the date of your termination, you will be entitled to the equity awards set forth on Schedule 1 hereto, subject to the terms of the applicable grant documentation and the Plan. 

		 

		

			1

		

		

			 

		

 

		

			Exhibit 10.1

		

		

			 

		

			 4.	
			Welfare Benefits.  You will be eligible to convert your and your covered dependents’ life insurance coverage provided by the Company to individual policies and the Company shall reimburse you for the applicable premiums paid by you with respect to such policies that are attributable to the period commencing on the date of such conversion and ending on May 4, 2013. You will also be eligible for reimbursement by the Company of premiums for the continuation under the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended, of medical, dental and vision coverage for you and your eligible dependents for a period of one (1) year following the date of this Letter. 

		
			You acknowledge and agree that, except for the payments and benefits set forth above, you will not be entitled to any compensation, award or damages with respect to your employment or termination of employment, including, without limitation, any annual bonus you would otherwise have been eligible to receive for the fiscal year of 2012. Pursuant to the Employment Agreement, any payments (other than those set forth in Section 1) scheduled to be provided pursuant to this Letter prior to the 45th day following the date of this Letter shall instead be paid in a lump sum on the 45th day following the date of this Letter and all payments scheduled to be made thereafter shall be made as regularly scheduled. In addition, you acknowledge and agree that certain of the payments described above are required to be delayed to comply with the requirements of Section 7(d) of the Employment Agreement, and that the Company is not and shall not be responsible or liable for compliance with Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), or for the payment or reimbursement of any tax which may be imposed upon you pursuant to the requirements of Code Section 409A. You further acknowledge and agree that the Company may withhold from any payments described in this Letter such federal, state or local income taxes to the extent determined necessary by the Company to be withheld pursuant to any applicable law or regulation. You acknowledge that you are responsible for the payment of any income taxes due with respect to any payments or benefits described herein or otherwise from the Company. Any reimbursement payment due to you under this Letter (in each case only to the extent that such benefits are taxable to you) shall be paid to you on or before the last day of your taxable year following the taxable year in which the related expense was incurred.  Any reimbursement payment due to you pursuant to such provisions and the provision of any taxable benefits to you under this Letter are not subject to liquidation or exchange for another benefit and the amount of such expenses eligible for reimbursement or such benefits that you receive in one taxable year shall not affect the expenses eligible for reimbursement or the amount of such benefits that you receive in any other taxable year.
		

		
			 
		

		
			Pursuant to your Employment Agreement, in consideration for the benefits and payments described above (other than those described in Section 1), you agree (i) to execute an employee release agreement (the “Release”), attached hereto as Exhibit A, which is substantially similar to that required by and set forth as Exhibit A to the Employment Agreement, such that it is effective and irrevocable within 45 days following the date of this Letter, (ii) to continue to be subject to Section 7(d), 9, 10(a), 10(b) mutatis mutandis, 11, 12(c) and 12(k) of the Employment Agreement and (iii) that, from and after the date of this Letter, you shall not, publicly or privately, disparage or make any statements (written or oral) that would impugn the integrity, 
		

		 

		

			2

		

		

			 

		

 

		

			Exhibit 10.1

		

		

			 

		

		acumen (business or otherwise), ethics or business practices, of the Company or its subsidiaries or their respective directors, officers, employees, or affiliates, except only to the extent (x) necessary in any judicial or arbitral action to enforce the provisions of this Letter or (y) as required by law, any governmental authority or agency or any recognized subpoena power. You further agree to cooperate with the Company, and make yourself available at reasonable times upon reasonable request, in connection with any litigation, investigation or other adversarial or other legal process involving the Company or its subsidiaries. You will be reimbursed by the Company for any actual and reasonable out-of-pocket expenses incurred in the course of such cooperation and availability. You and the Company agree that any announcement by the Company with respect to the termination of your employment and your resignation as a director will be disclosed to you prior to its issuance or publication and you will have a reasonable period of time within which to comment on the content of any such announcement.
		

		
			 
		

		
			No waiver shall be binding unless in writing and signed by the party waiving the breach. This Letter may not be amended or modified other than by a written agreement executed by you and the Company. 
		

		
			 
		

		
			This Letter will be governed by the laws of the State of Delaware without reference to conflict of laws provisions. If a legal action or other proceeding is brought for enforcement of this Letter because of an alleged dispute, breach, default, or misrepresentation in connection with any of the provisions of this Letter, the successful or prevailing party shall be entitled to recover reasonable attorneys’ fees and costs incurred, both before and after judgment, in addition to any other relief to which they may be entitled. Any reimbursements made by the Company to you in respect of such reasonable attorney’s fees and costs incurred shall be made no later than the end of the calendar year following the calendar year in which the related cost is incurred by you.
		

		
			This Letter represents the entire agreement between you and the Company concerning the subject matter of your termination of employment with the Company and severance entitlements, and expressly supersedes all other agreements, promises or understandings, oral or written, including without limitation the Amended and Restated Change in Control Severance Benefits Agreement between you and the Company dated May 4, 2010.
		

		
			 
		

		
			This Letter may be executed in several counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 
		

		
			 
		

		

		

		 

		

			3

		

		

			 

		

 

		

			Exhibit 10.1

		

		

			 

		

		The Company greatly appreciates your efforts and dedication on behalf of the Board and the Company.  We wish you the best in your future endeavors.  
		

		
			 
		

		
			Sincerely,
		

		
			 
		

		
			 
		

			
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						  

					
					
						INTERSIL CORPORATION

				
	
					
						 

					
					
						 

				
	
					
						  

					
					
						By:

					
					
						  

					
					
						 /s/ Thomas C. Tokos

				
	
					
						 

					
					
						 

				
	
					
						  

					
					
						Title:

					
					
						  

					
					
						Sr. Vice President, General Counsel and Secretary

				
	
					
						 

					
					
						 

				
	
					
						  

					
					
						Dated:

					
					
						  

					
					
						 12/19/2012

				

		
			 
		

		
			Acknowledged and Agreed:
		

		
			 
		

		
			DAVID B. BELL
		

		
			 
		

		
			/s/ David B. Bell
		

		
			Dated: 12/19/2012
		

		 

		

			4

		

		

			 

		

 

		

			Exhibit 10.1

		

		

			 

		

		Exhibit A
		

		
			Intersil Corporation
		

		
			 
		

		
			Employee Release Agreement
		

		
			 
		

		
			Except as otherwise set forth in this Employee Release Agreement (the “Agreement”), I, David B. Bell, hereby release, acquit and forever discharge Intersil Corporation (the “Company”), its parents and subsidiaries, and their respective officers, directors, agents, servants, employees, shareholders, successors, assigns and affiliates, of and from any and all claims, liabilities, demands, causes of action, costs, expenses, attorneys’ fees, damages, indemnities and obligations of every kind and nature, in law, equity, or otherwise, known and unknown, suspected and unsuspected, disclosed and undisclosed (other than any claim for indemnification I may have as a result of any third party action against me based on my employment with the Company), arising out of or in any way related to agreements, events, acts or conduct at any time prior to and including the date I sign this Agreement, including but not limited to: all such claims and demands directly or indirectly arising out of or in any way connected with my employment with the Company or the termination of that employment, including but not limited to, claims of intentional and negligent infliction of emotional distress, any and all tort claims for personal injury, claims or demands related to salary, bonuses, commissions, stock, stock options, or any other ownership interests in the Company, vacation pay, fringe benefits, expense reimbursements, severance pay, or any other form of compensation; claims pursuant to any federal, state or local law or cause of action including, but not limited to, the federal Civil Rights Act of 1964, as amended; the federal Age Discrimination in Employment Act of 1967, as amended (“ADEA”); the federal Americans with Disabilities Act of 1990; the California Fair Employment and Housing Act, as amended; the California False Claims Act; the Unruh Civil Rights Act; tort law; contract law; wrongful discharge; discrimination; fraud; defamation; emotional distress; and breach of the implied covenant of good faith and fair dealing; provided, however, that nothing in this paragraph shall be construed in any way to release the Company from its obligation to indemnify me pursuant to the Company’s Indemnification Agreement, to provide me with continued coverage under the Company’s directors and officers liability insurance policy to the same extent that it has provided such coverage to previously departed officers and directors of the Company and to provide me with the rights, benefits and payments set forth in the separation letter entered into by the Company and me dated December 9, 2012 (the “Separation Letter”).
		

		
			 
		

		
			I acknowledge that I have read and understand Section 1542 of the California Civil Code which reads as follows: “A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor.” I hereby expressly waive and relinquish all rights and benefits under that section and any law of any jurisdiction of similar effect with respect to my release of any claims I may have against the Company or any other related party identified above. Accordingly, I agree and acknowledge that the above general release provision applies not only to claims that are presently known, suspected, or 
		

		 

		

			5

		

		

			 

		

 

		

			Exhibit 10.1

		

		

			 

		

		disclosed to me, but also to claims that are presently unknown, unsuspected, or undisclosed to me. I acknowledge that I am assuming the risk that the facts may turn out to be different from what I believe them to be and agree that the general release in this Agreement shall be in all respects effective and not subject to termination or rescission because of such mistaken belief.
		

		
			 
		

		
			I acknowledge that I am knowingly and voluntarily waiving and releasing any rights I may have under the ADEA. I also acknowledge that the consideration given for the waiver and release described in the Separation Letter is in addition to anything of value which I was already entitled. I further acknowledge that I have been advised by this writing, as required by the ADEA, that: (a) my waiver and release do not apply to any rights or claims that may arise after the date I sign this Agreement; (b) I have the right to consult with an attorney prior to executing this Agreement and have been advised to do so; (c) I have twenty-one (21) days to consider this Agreement (although I may choose to voluntarily execute this Agreement earlier); (d) I have seven (7) days following my execution of this Agreement to revoke the Agreement by providing written notice to the Company; and (e) this Agreement shall not be effective until the date upon which the revocation period has expired without exercise, which shall be the eighth day after this Agreement is executed by me.
		

		
			 
		

		
			 
		

			
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						DAVID B. BELL

					
					
						 

				
	
					
						 

				
	
					
						/s/ David B. Bell

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						Dated:

					
					
						 

					
					
						 12/19/2012

					
					
						 

				
	
					
						 

					
					
						 

				

		

		

		 

		

			6

		

		

			 

		

 

		

			Exhibit 10.1

		

		

			 

		

		Schedule 1
		

		
			Equity Awards
		

			
					
						 

				
	
					
						Schedule 1

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Grant

					
					
						 

					
					
						Shares

					
					
						Option

					
					
						Total Equity

				
	
					
						Type

					
					
						Date

					
					
						Plan

					
					
						Granted

					
					
						Price

					
					
						After Termination

				
	
					
						NQSO

					
					
						04/02/2007

					
					
						1999

					
350,000 
					$
26.77 
					
350,000 
				
	
					
						NQSO

					
					
						04/01/2008

					
					
						1999

					
180,000 
					$
26.42 
					
180,000 
				
	
					
						NQSO

					
					
						04/01/2009

					
					
						2008

					
240,000 
					$
12.02 
					
240,000 
				
	
					
						NQSO

					
					
						04/01/2010

					
					
						2008

					
240,000 
					$
14.80 
					
240,000 
				
	
					
						NQSO

					
					
						04/01/2011

					
					
						2008

					
179,190 
					$
12.35 
					
134,392 
				
	
					
						NQSO

					
					
						04/02/2012

					
					
						2008

					
179,190 
					$
11.22 
					
89,595 
				
	
					
						PDSU

					
					
						04/02/2007

					
					
						1999

					
75,000 
					
					
						N/A

					
56,250 
				
	
					
						PDSU

					
					
						04/01/2010

					
					
						2008

					
53,333 
					
					
						N/A

					
7,964 
				
	
					
						DSU

					
					
						01/04/2010

					
					
						2008

					
81,000 
					
					
						N/A

					
81,000 
				
	
					
						DSU

					
					
						04/01/2011

					
					
						2008

					
63,750 
					
					
						N/A

					
47,812 
				
	
					
						DSU

					
					
						04/02/2012

					
					
						2008

					
63,750 
					
					
						N/A

					
31,874 
				

		
			 
		

		 

		

			7

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