Document:

exv10w11

 

Exhibit 10.11

SEVERANCE AGREEMENT

DigitalGlobe, Inc. (Company) and I, Yancey L. Spruill, agree to the following Severance Agreement
(Agreement) as of August 22, 2006.

          1. Termination.

          (a) Rights and Duties. If my employment is terminated, I shall be paid the amounts or
benefits shown in the applicable row in the following table within 65 days of the date of
employment termination (Termination Date) or at the time specified herein, subject to the balance
of this Section 1. The Company and I shall have no further obligations to each other, except my
covenants and obligations under Sections 1 and 2 and my confidentiality, etc. obligations under
the Letter Agreement (Letter Agreement) and the Proprietary Information and Inventions Agreement I
entered into with the Company (PIIA), each dated as of _________, 2006 or any agreement I
subsequently enter into with the Company:

	 	 	 
	DISCHARGE OTHER
THAN FOR CAUSE OR
DISABILITY

	 	Prompt payment of (1) any unpaid base salary, expense
reimbursements, or vacation days accrued, but unused,
prior to termination of employment, and (2) other unpaid
vested amounts when due to me under Company compensation
and benefit plans.
	 
	 	 
	 

	 	I will also be entitled to: (1) continued payment of my
base salary then in effect, payable in installments in
accordance with the Company’s regular payroll policies,
and (2) continuation of my health care coverage then in
effect (Additional Benefits); in each case, for the period
beginning on the Termination Date and ending nine months
thereafter (Severance Period).
	 
	 	 
	RESIGNATION FOR
GOOD REASON

	 	Same as for “Discharge Other Than for Cause or Disability.”
	 
	 	 
	DISCHARGE FOR CAUSE

	 	Prompt payment of (1) any unpaid base salary, expense
reimbursements, or vacation days accrued, but unused,
prior to termination of employment, and (2) other unpaid
vested amounts when due to me under Company compensation
and benefit plans.
	 
	 	 
	DISABILITY

	 	Same as for “Discharge for Cause.” In addition, I shall be
eligible for disability benefits under any
company-provided disability plan in which I then
participate in accordance with such plan’s terms and
conditions.
	 
	 	 
	DEATH

	 	Same as for “Discharge for Cause”, except that payments
shall be made to the person or entity I designate before
my death, or as provided by law if I do not designate any
beneficiary.

 

 

          (b) Discharge Other Than for Cause or Disability. The Company may terminate my employment at
any time for any reason, and without advance notice. If I am terminated by the Company other than
for Cause or Disability, I will receive the severance benefits provided for a
non-Cause/non-Disability discharge under Section 1(a); provided, (execute and do not
revoke) a general release and waiver (Release) in a form provided by the Company and within the
time prescribed by the Company. I understand that the Release will contain language providing that
I shall not receive severance benefits and that I will lose any right I otherwise might have had to
such severance benefits if I compete with the Company during the Severance Period.

          (c) Resignation for Good Reason. I may resign after giving the Company at least 30 days’
advance written notice. If I resign for Good Reason during the Severance Period, my employment
will end on my last day of work and I will receive the severance benefits to which I am entitled
under Section 1(a); provided, I execute a Release in a form provided by the Company and
within the time prescribed by the Company. I understand that the Release will contain language
providing that I shall not receive severance benefits and that I will lose any right I otherwise
might have had to such severance benefits if I compete with the Company during the Severance
Period. “Good Reason” means that, without my express written consent, one or more of the following
events occurred after my execution of this Agreement; provided that I shall have given the
Company notice of the event or events constituting Good Reason and the Company shall have failed to
cure such event or events within 30 business days after receipt of such notice:

               (i) Pay Cut. My annual base salary is substantially reduced (compared to the base salary then
in effect immediately prior to such reduction), except that my base salary may be reduced in
connection with similar reductions uniformly applied with respect to the Company’s other senior
executives; or

               (ii) Breach of Promise. The Company materially breaches this Agreement.

          (d) Discharge for Cause. The Company may terminate my employment at any time if the Company
believes in good faith that it has Cause to terminate my employment. “Cause” is defined as:

               (i) my refusal to follow the Company’s lawful directions or my material failure to perform my
duties associated with my position or title with the Company (other than by reason of physical or
mental illness, injury, or condition);

               (ii) any act of gross negligence or gross misconduct by me with respect to my duties
associated with my position or title with the Company, any material violation of the Company’s Code
of Conduct then in effect, or any act by me that materially injures the reputation, business, or
business relationship of the Company;

               (iii) my conviction (including plea of nolo contendere) of any crime involving fraud,
dishonesty or moral turpitude or any felony; or

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               (iv) any act by me that constitutes a material breach of my obligations under this Agreement
or any other agreement between the Company and me.

          (e) Termination for Disability. Except as prohibited by applicable law, the Company may
terminate my employment on account of Disability, or may transfer me to inactive employment status,
which shall have the same effect under this Agreement as a termination for Disability.
“Disability” means a physical or mental illness, injury, or condition that prevents me from
performing substantially all of my duties associated with my position or title with the Company for
at least 90 days in a 12-month period.

          (f) Death. If I die while employed under this Agreement, the payments required by Section
1(a) in the event of my death shall be made.

          (g) Transfer to a Company Affiliate. My transfer to a Company parent, subsidiary or affiliate
(Group) shall not be deemed a termination of my employment under this Agreement if it assumes this
Agreement.

          (h) [Notwithstanding anything in the foregoing, I will not be entitled to receive the
Additional Benefits outlined in this Agreement in the event of a termination of my employment upon
a Change of Control, in connection with which a Distribution is made to me under the Company’s Sale
Bonus Plan, adopted June ___, 2004 (the “Sales Bonus Plan”). Capitalized terms used but not
defined herein have the meaning set forth in the Sale Bonus Plan.]

          2. Non-Compete; Confidentiality; Non-Solicit.

          (a) I promise that, during the Severance Period, I will not compete with the Company (or any
member of the Group) or interfere with, disrupt or attempt to disrupt any of the Company’s or the
Group’s relationships, contractual or otherwise with any customer, client, supplier or consultant.
For purposes of this Agreement, prohibited competition shall include becoming an employee, officer,
consultant or director of, or being an investor in, any entity or person engaged in a business that
competes with all or some material portion of any of the businesses then engaged in by the Company
(or any member of the Group), provided, however, that passive investments by me amounting to less
then two percent of the voting equity and the value of a business shall not be prohibited hereby.

          (b) I promise that, during the Severance Period and for 12 months thereafter: (i) As to any
customer or supplier of the Company with whom I had dealings or about whom I acquired proprietary
information during my employment, I will not solicit or attempt to solicit (or assist others to
solicit) the customer or supplier to do business with any person or entity other than the Company;
and (ii) I will not solicit or attempt to solicit (or assist others to solicit) for employment any
person who is, or within the preceding 6 months was, an officer, manager, employee, or consultant
of the Company.

          (c) I, without prior written consent of the Board, shall not disclose the contents of this
Agreement to anyone inside or outside the Company except to the extent required by an order of a
court having jurisdiction or under subpoena from an appropriate government agency, in which event I
shall consult with the Company’s General Counsel within 1 business day of receiving any such order
or subpoena.

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          (d) I acknowledge that I have acquired and will acquire proprietary information and trade
secrets concerning the operations, future plans, or business methods of the Company or Company
group members and I am a high-ranking Company executive. I acknowledge that the promises I have
made in this agreement are appropriate and necessary to protect the Company’s interests.

          (e) I understand and agree that this agreement is made to align my interests with those of the
Company and that if I were to breach any promise that I made in this Agreement, our interests would
cease to be aligned and that I would no longer be entitled to any payments under this Agreement. I
understand that the cessation of payments under this Agreement is not intended to compensate the
Company for any breach of this Agreement and that, in any event, such cessation would be wholly
inadequate to compensate the Company for its actual damages.

          3. Injunctive Relief with Respect to Covenants. I acknowledge and agree that the covenants,
obligations and agreements contained in Section 2 relate to special, unique and extraordinary
matters and that a violation of any of the terms of such covenants, obligations or agreements will
cause the Company irreparable injury for which adequate remedies are not available at law.
Therefore, I agree that the Company shall be entitled to an injunction, restraining order or such
other equitable relief (without the requirement to post bond) as a court of competent jurisdiction
may deem necessary or appropriate to restrain me from committing any violation of such covenants,
obligations or agreements. These injunctive remedies are cumulative and in addition to any other
rights and remedies the Company may have. All disputes not relating to any request or application
for injunctive relief in accordance with Section 3 shall be resolved by arbitration in accordance
with Section 4.

          4. Arbitration of Disputes.

          (a) Arbitrable Disputes. The Company and I agree to resolve any claims we may have with each
other (except for class or collective actions and except, if either or the Company so elects, any
dispute for which injunctive relief is a principal remedy) through final and binding arbitration in
accordance with this section. This arbitration requirement applies to, among other things,
disputes about the validity, interpretation, or effect of this Agreement or alleged violations of
it or statutory violation claims.

          (b) The Arbitration. Except as otherwise provided in any other enforceable arbitration
agreement between me and the Company, the arbitration shall be in accordance with the then-current
arbitration rules and procedures for employment disputes governing arbitrations administered by the
Judicial Arbitration and Mediation Service (JAMS), except as provided in this section. Arbitration
shall take place in Colorado (or the state in which I was last employed by the Company) before an
experienced employment arbitrator licensed to practice law in that state who has been selected in
accordance with subsection (c). The arbitrator may not modify or change this Agreement in any way.
I and the Company agree to submit to personal jurisdiction in the relevant state described above
for such arbitration and in any jurisdiction necessary for the enforcement of any arbitration
award. I represent that that state is a convenient dispute resolution location for me.

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          (c) Selection of the Arbitrator. The arbitrator shall be selected as follows: JAMS shall give
each party a list of 11 arbitrators drawn from its panel of employment dispute arbitrators. Each
party may strike all names on the list it deems unacceptable. If only one common name remains on
the lists of both parties, that individual shall be designated as the arbitrator. If more than one
common name remains on the lists of both parties, the parties shall strike names alternately from
the list of common names until only one remains. The party who did not initiate the claim shall
strike first. If no common name exists on the lists of both parties, JAMS shall furnish an
additional list and the process shall be repeated. If no arbitrator has been selected after two
lists have been distributed, then the parties shall strike alternately from a third list, with the
party initiating the claim striking first, until only one name remains. That person shall be
designated as the arbitrator. Striking decisions must be made and communicated to the other party
and JAMS within 10 calendar days after the date of the transmittal communication relaying the
arbitrators remaining for selection. In the event a party does not make a timely strike, the other
party may select the arbitrator from the names remaining.

          (d) Fees and Expenses. Each party shall pay the fees of his or her attorneys, the expenses of
his or her witnesses, and any other expenses that party incurs in connection with the arbitration,
but all costs of the arbitration itself, including the fees of the arbitrator, the cost of any
record or transcript of the arbitration, administrative fees, and other fees and costs shall be
paid equally by the Company and me. At my written request and on a showing of substantial
hardship, the Company shall advance all or a portion of my share of those arbitration costs to the
extent they would exceed the out-of-pocket costs I would have incurred in a lawsuit. Except as
prohibited by applicable law, the party losing the arbitration shall reimburse the party who
prevailed for all attorneys’ fees and expenses the prevailing party paid pursuant to this
subsection (d).

          (e) Exclusive Remedy. Arbitration in this manner shall be the exclusive remedy for any claim
that must be arbitrated pursuant to this section. Should I or the Company attempt to resolve such
a claim by any method other than arbitration pursuant to this section, the responding party will be
entitled to recover from the initiating party all damages, expenses, and attorneys’ fees incurred
as a result of that breach.

          5. Notice.

          (a) To the Company. I will send all communications to the Company in writing, addressed as
follows (or in any other manner the Company notifies me to use):

          If mailed: DigitalGlobe, Inc.

Attn: General Counsel

1601 Dry Creek Drive #260

Longmont, Colorado 80305

          If faxed: 303 684 4048

          (b) To Me. All communications from the Company to me relating to this Agreement must be sent
to me in writing at my Company office or in any other manner I notify the Company to use.

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          (c) Time Notice Deemed Given. Notice shall be deemed to have been given when delivered or, if
earlier (i) when mailed by United States certified or registered mail, return receipt requested,
postage prepaid, or (ii) faxed with confirmation of delivery, in either case, addressed as required
in this section.

          6. Amendment. No provisions of this Agreement may be modified, waived, or discharged except
by a written document signed by a duly authorized Company officer and me. A waiver of any
conditions or provisions of this Agreement in a given instance shall not be deemed a waiver of such
conditions or provisions at any other time.

          7. Interpretation. The validity, interpretation, construction, and performance of this
Agreement shall be governed by the laws of the State of Colorado (excluding any that mandate the
use of another jurisdiction’s laws).

          8. Successors. This Agreement shall be binding upon, and shall inure to the benefit of, me
and my estate, but I may not assign or pledge this Agreement or any rights arising under it.
Without my consent, the Company may assign this Agreement to any affiliate or successor that agrees
in writing to be bound by this Agreement, after which any reference to the “Company” in this
Agreement shall be deemed to be a reference to the affiliate or successor; however my obligations
under this Agreement to the Company shall not be diminished.

          9. Severability. In the event that any one or more of the provisions (or portion thereof) of
this Agreement shall be or become invalid, illegal or unenforceable in any respect, the validity,
legality and enforceability of the remaining provisions contained herein shall not be affected
thereby. In addition, if any covenant or obligation is for any reason held by a court to be
excessively broad as to duration, geographical scope, activity, subject matter or otherwise, then
such provision will be construed or judicially modified so as to thereafter be limited or reduced
to the extent required to be enforceable in accordance with applicable law; it being understood and
agreed that the parties hereto regard such restrictions as reasonable and compatible with their
respective rights.

          10. Counterparts. This Agreement may be executed in one or more counterparts, each of which
shall be deemed to be an original but all of which together shall constitute the same instrument.

          11. Entire Agreement. All oral or written agreements or representations, express or implied,
with respect to the subject matter of this Agreement are set forth in this Agreement, the PIIA, and
the Letter Agreement.

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THE PARTIES ACKNOWLEDGE THAT ALL UNDERSTANDINGS AND AGREEMENTS BETWEEN THEM RELATING TO THE
SUBJECTS COVERED IN THIS AGREEMENT ARE CONTAINED IN IT OR BY THE DOCUMENTS SPECIFICALLY REFERENCED
BY THIS AGREEMENT AND THAT THEY HAVE ENTERED INTO THIS AGREEMENT VOLUNTARILY AND NOT IN RELIANCE ON
ANY PROMISES OR REPRESENTATIONS BY THE OTHER IN ADDITION TO THOSE CONTAINED IN THIS AGREEMENT
ITSELF.

	 	 	 	 	 
	 	DIGITALGLOBE, INC.

 	 
	 	By:  	/s/ Jill Smith
 	 
	 	 	Name:  	Jill Smith 	 
	 	 	Title:  	Chief Executive Officer
 	 
	 	 	Date:  	 	 
	 
	 	EXECUTIVE

 	 
	 	By:  	/s/ Yancey Spruill
 	 
	 	 	Name:  	Yancey Spruill 	 
	 	 	Title:  	Chief Financial Officer
 	 
	 	 	Date:  	August 22, 2006 	 
	 

7exv10w12

 

Exhibit 10.12

PRIVILEGED AND CONFIDENTIAL

SEVERANCE, CONFIDENTIALITY AND NON-COMPETE AGREEMENT

          This SEVERANCE, CONFIDENTIALITY AND NON-COMPETE AGREEMENT (this “Agreement”) is entered into
as of this 17th day of October, 2005 (the “Effective Date”), by and among DigitalGlobe, Inc. a
Delaware corporation (the “Company”) and Walter Scott, Executive Vice President, Chief Technical
Officer and NextView Program Manager (the “Executive”).

          WHEREAS, the Executive is currently employed as a senior executive of the Company.

          WHEREAS, the Board of Directors of the Company and the Executive desire that the Company and
the Executive enter into the arrangements set forth in this Agreement with respect to the
Executive’s employment with the Company for the two-year period from and after the Effective Date.

          NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein and
other good and valuable consideration, the receipt and sufficiency of which hereby are
acknowledged, the parties hereto agree as follows:

          1. Supersedes other Agreements and Severance Plans. From and after the Effective
Date, this Agreement shall replace, supersede and be in lieu of, any employment agreement and/or
all other severance arrangement(s) to which the Executive is or was a party, or to which the
Executive is or was subject or could receive severance benefits under, including the Company’s
severance plans and policies. Notwithstanding the foregoing, nothing contained in this Agreement
shall alter, diminish or otherwise affect in any way Executive’s rights, benefits and entitlements
under the Sale Bonus Plan adopted June 1, 2004, or with respect to or in connection with any stock
option incentive plans.

          2. Term. The term of this Agreement shall commence on the Effective Date and shall
conclude on the second (2nd) anniversary of the Effective Date or such earlier date as the
Executive’s employment is terminated pursuant to Section 4 (the “Term”). After the Term, all
obligations and rights under this Agreement shall prospectively lapse except the Executive’s
ongoing confidentiality, etc. obligations under Section 3, which shall survive the termination of
this Agreement indefinitely (except as otherwise specifically stated in such provision) and the
Executive’s ongoing non-competition, etc. obligations under Section 5, which shall survive for 12
months after the Term.

          3. Confidentiality; Work Product.

          (a) Confidentiality. The Executive acknowledges that the information, observations
and data obtained by the Executive concerning the business and affairs of the Company and the
Company’s corporate parents, subsidiaries and affiliated companies, including all of their
predecessors and successors (the “Company Group”), during the course of the

 

 

Executive’s performance of services for, or employment with, any of the foregoing persons
(whether prior to, on, or after the Effective Date) are confidential and are the property of the
Company and the Company Group, including information concerning acquisition opportunities in or
reasonably related to the business or industry of the Company and the Company Group of which the
Executive is aware as of the date hereof, or becomes aware during such period. Therefore, the
Executive agrees that he will not at any time (during or after employment) disclose to any
unauthorized person or, directly or indirectly, use (including for the Executive’s own account) any
of such information, observations, data or any Work Product (as defined below) or Copyrightable
Work (as defined below) without the Board’s consent, unless and to the extent that the
aforementioned matters have become generally known to and available for use by the general public
other than as a direct or indirect result of the Executive’s acts or omissions to act. The
restrictions in the previous sentence shall never lapse as to trade secrets, but shall lapse as to
non-trade secrets three years after the Term. The Executive agrees to deliver to the Company at
the termination of the Executive’s employment, or at any other time the Company may request in
writing (whether during or after the Term), all memoranda, notes, plans, records, reports and other
documents, regardless of the format or media (and copies thereof), relating to the business of the
Company and the Company Group and their predecessors (including, without limitation, all
acquisition prospects, lists and contact information) which the Executive may then possess or have
under the Executive’s control.

          (b) Intellectual Property. The Executive acknowledges that all inventions,
innovations, improvements, developments, methods, designs, analyses, drawings, reports, trade
secrets, know-how, ideas, computer programs, and all similar or related information (whether or not
patentable) that relate to the actual or anticipated business, research and development or existing
or future products or services of the Company and the Company Group that are conceived, developed,
made or reduced to practice by the Executive during the course of the Executive’s performance of
services for, or employment with, the Company and the Company Group (whether prior to, on or after
the Effective Date) (“Work Product”) belong to the Company and the Executive hereby assigns, and
agrees to assign, all of the Executive’s rights, title and interest in and to the Work Product to
the Company. Any copyrightable work (“Copyrightable Work”) prepared in whole or in part by the
Executive in the course of the Executive’s work for any of the foregoing entities shall be deemed a
“work made for hire” under the copyright laws, and the Company shall own all rights therein.

          4. Severance upon Certain Termination Events.

          (a) By the Company for Cause; By the Executive. If the Company terminates the
Executive’s employment with the Company during the Term for Cause, or if the Executive terminates
his employment with the Company during the Term, the Company shall promptly pay to the Executive
after the date of such termination any of the Executive’s accrued but unpaid base salary through
the date of termination and all other accrued but unpaid amounts, if any, which the Executive has
accrued and is entitled to as of the date of termination. Other than pursuant to Company employee
benefit plans and any stock option incentive plans, if applicable, the Company shall have no
further obligations to the Executive under this Agreement or otherwise.

          (b) By the Company Without Cause and Resignation for Good Reason. If the Company
terminates the Executive’s employment with the Company during the Term other than

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for Cause or the Executive resigns for Good Reason, then the Company shall continue to pay to
the Executive his monthly base salary, at the highest rate in effect between the date this
Agreement was signed and the date of the Executive’s termination of employment, as and when such
base salary payments otherwise would have been payable to the Executive had the Executive’s
employment with the Company continued, for a period of twelve (12) consecutive months immediately
following the date of such termination, subject to all applicable taxes and withholdings, and
subject to the last sentence of this Section 4(b). In addition, the severance payments shall
include the amount of any regular annual bonus which Executive would have earned or been entitled
to had he remained an employee through the period severance is payable, based on Executive’s total
targeted bonus compensation for the period during which severance is payable. In addition, the
severance payments shall include the amount of any commission payments which the Executive would
have earned for sales that were closed prior to the Executive’s termination of employment and
actually invoiced prior to twelve (12) months following the Executive’s termination of employment;
however, any severance payments that otherwise would be payable under this Agreement shall be
reduced by the amount of any adjustments to such commissions that would have been made had the
Executive remained an employee through the period severance is payable (e.g., on account of
chargebacks or nonpayment). In addition, the Company shall pay the Executive’s COBRA premiums for
continuing any Company-provided group coverage subject to COBRA continuation through the period
severance is payable to the extent the Executive is eligible for COBRA continuation coverage under
the normal COBRA rules. In the event that the Executive is ineligible for COBRA continuation
coverage, then instead of paying the COBRA premium, the Company shall pay directly to the Executive
an amount equal to what the COBRA premiums would have been had the Executive been eligible for
COBRA continuation coverage. It shall be an express condition of the Executive’s receipt of the
payments set forth above in this Section 4(b) that the Executive execute a release in favor of the
Company and the Company Group (and all other relevant individuals as determined by the Company) at
the time of his termination of employment without Cause, substantially in the form attached as
Exhibit “A,” which the parties agree may be modified to reflect changes in applicable law, and that
such release become irrevocable. For purposes of this subparagraph, “Good Reason” means: (1) a
detrimental change in Executive’s title, (2) an involuntary and material reduction in Executive’s
base salary or other bonus or compensation potential, or an involuntary and material reduction in
Executive’s material benefits, except to the extent that substantially all other executive officers
are similarly affected by any such reductions, (3) the relocation of Executive to a facility more
than 35 miles distant from the Company’s current offices in Longmont, CO, except that no relocation
shall be considered Good Reason if it is to the Company’s then-current headquarters, or (4) any
failure of the Company to obtain the assumption of this agreement by a successor or assign of the
Company to which Executive’s employment is transferred. However, an event that is or would
constitute Good Reason shall cease to constitute Good Reason if: (1) the Executive does not
actually terminate employment within 60 days after the event occurs; or (2) the Company reverses
the action or cures the default that constitutes Good Reason within 30 days after the Executive
notifies it in writing that Good Reason exists. Continued severance payments and benefits under
this Section 4(b) are conditioned on the Executive’s continued adherence with Sections 3 and 5 of
this Agreement, and such payments and benefits shall automatically terminate if the Executive
violates Section 3 or 5. In addition to the payments described above, the Company shall promptly
pay to the Executive after the date of termination any of the Executive’s accrued but

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unpaid base salary through the date of termination and all other accrued but unpaid amounts,
if any, which the Executive has accrued and is entitled to as of the date of termination that are
not set forth above. Other than as set forth herein and under Company employee benefit plans and
any stock option incentive plans, if applicable, the Company shall have no further obligations to
the Executive under this Agreement or otherwise.

          (c) Definition of Cause. “Cause” means (i) the Executive’s indictment, conviction of,
or plea of nolo contendere to, a felony or a crime involving moral turpitude or the Executive’s
commission of any other act or omission involving dishonesty, fraud or malfeasance; (ii) the
Executive’s substantial failure to perform duties of the office held by the Executive as reasonably
directed by the Company, if such failure is not cured within thirty days after the Executive
receives notice thereof; (iii) gross negligence or willful misconduct in the performance of the
Executive’s duties; (iv) the Executive’s death or permanent disability during the Term; or (v) the
Executive’s willful breach of any of the covenants contained in this Agreement.

          5. Noncompetition and Nonsolicitation.

          (a) Noncompetition. The Executive acknowledges that in the course of his employment
with the Company, both prior to and on and after the Effective Date, the Executive has and will
continue to become familiar with trade secrets and other confidential information, and that the
Executive’s services will be of special, unique and extraordinary value to the Company and the
Company Group. The Executive acknowledges that the covenants provided by him in this Section 5
provide the most substantial and material consideration for the Company to enter into this
Agreement and, but for the covenants contained in this Section 5, the Company would not have
entered into this Agreement with the Executive. Therefore, in consideration for the benefits
provided to the Executive under this Agreement, the Executive agrees that (i) during the
Executive’s employment with the Company during the Term, and (ii) for twelve months following the
Executive’s termination of employment with the Company for any reason (the “Restricted Period”),
the Executive shall not, directly or indirectly, own, manage, control, participate in, consult
with, render services for, be employed by, or in any manner engage in, or assist any other person,
firm, corporation, entity or enterprise in engaging or being engaged in a substantially similar
business as, or a business directly competing with, the principal businesses of the Company or the
Company Group, in any geographic area within the United States of America; provided,
however, that passive investments by the Executive amounting to less than two percent of
the voting equity and the value of a business shall not be prohibited hereby.

          (b) Nonsolicitation. During the Restricted Period, the Executive shall not directly
or indirectly through another entity (i) induce or attempt to induce any employee or former
employee or consultant of the Company or the Company Group to leave the employ or service of such
employer, or in any way interfere with the relationship between any such employer and any employee
thereof; or (ii) induce or attempt to induce any customer, supplier, licensee or other business
relation of the Company or the Company Group to cease doing business with the Company or the
Company Group, or in any way interfere with the relationship between any such customer, supplier,
licensee or business relation and the Company or the Company Group.

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          (c) Enforcement.

               (i) Reasonable Restrictions. The Executive acknowledges and agrees that the
restrictions set forth in this Section 5 are reasonable and necessary, in view of the nature of the
Company’s business, and in order to protect the legitimate interests of the Company. The Executive
acknowledges and agrees that any violation of the restrictions set forth in this Section 5 would
result in irreparable injury to the Company and the Company Group. In addition, the Executive
fully understands and acknowledges that, but for the covenants provided by him in this Section 5,
the Company would not have entered into this Agreement with the Executive. The Executive agrees
not to challenge the reasonableness and/or the enforceability of the restrictions contained in this
Section 5 for any reason.

               (ii) Reformation; Equitable Relief. If, at the time of enforcement of this Section 5,
a court holds that the restrictions stated herein are unreasonable under circumstances then
existing, the parties hereto agree that the maximum duration, scope or geographical area reasonable
under such circumstances shall be substituted for the stated period, scope or area and that the
court shall revise the restrictions contained herein to cover the maximum duration, scope and area
permitted by law. If the provisions of this Section 5 shall be deemed illegal in any jurisdiction,
the provisions in this Section 5 shall be deemed ineffective within such jurisdiction. Because the
Executive’s services are unique, and because the Executive has access to confidential information,
the parties hereto agree that money damages would be an inadequate remedy for any breach of any
provision of this Agreement. Therefore, in the event of a breach or threatened breach by the
Executive of any provision of this Agreement, the Company may, in addition to other rights and
remedies existing in its favor, apply to any court of competent jurisdiction for specific
performance and/or injunctive or other relief in order to enforce, or prevent any violations of,
the provisions hereof (without posting a bond or other security). Nothing herein shall be
construed as prohibiting the Company from pursuing any other remedies available to it for such
breach or threatened breach, including, without limitation, recovery of money damages from the
Executive.

          6. Severability. The invalidity or unenforceability of any one or more provisions of
this Agreement shall not affect the validity or enforceability of the other provisions of this
Agreement, which shall remain in full force and effect.

          7. Assignment. The rights and obligations of the parties to this Agreement shall not
be assignable or delegable, except that the rights and obligations of the Company hereunder shall
be assignable and delegable in connection with any subsequent merger, consolidation, sale of all or
substantially all of the assets of the Company, and/or any similar event or transaction, with
respect to any successor or other corporation, person or entity, in which case any reference to the
Company shall be deemed a reference to such successor or other entity. The transfer of Executive’s
employment to any such entity or any member of the Company Group shall not constitute a termination
of employment for purposes of this Agreement.

          8. Binding Effect. Subject to the provisions hereof regarding assignment, this
Agreement shall be binding upon the parties hereto and shall inure to the benefit of the

5

 

parties and their respective heirs, devisees, executors, administrators, legal
representatives, successors and assigns.

          9. Amendment; Waiver. This Agreement shall not be amended, altered or modified except
by an instrument in writing duly executed by the parties hereto. Neither the waiver by either of
the parties hereto of a breach of or a default under any of the provisions of this Agreement, nor
the failure of either of the parties, on one or more occasions, to enforce any of the provisions of
this Agreement or to exercise any right or privilege hereunder, shall thereafter be construed as a
waiver of any subsequent breach or default of a similar nature, or as a waiver of any such
provisions, rights or privileges hereunder.

          10. Headings. Section and subsection headings contained in this Agreement are
inserted for convenience of reference only, shall not be deemed to be a part of this Agreement for
any purpose, and shall not in any way define or affect the meaning, construction or scope of any of
the provisions hereof.

          11. Governing Law. This Agreement, the rights and obligations of the parties hereto,
and any claims or disputes relating thereto, shall be governed by and construed in accordance with
the laws of the State of New York (but not including the choice of law rules thereof).

          12. Entire Agreement. This Agreement constitutes the entire agreement between the
parties respecting the employment of the Executive and supersedes the any other employment
agreement of Executive upon commencement of the Term, there being no representations, warranties or
commitments between the parties except as set forth herein.

          13. Counterparts. This Agreement may be executed in two or more counterparts, each of
which shall be an original and all of which shall be deemed to constitute one and the same
instrument.

          IN WITNESS WHEREOF, the undersigned have duly executed this Agreement, or have caused this
Agreement to be duly executed on their behalf, as of the day and year first hereinabove written.

	 	 	 	 	 	 
	DigitalGlobe, Inc.
	 	Executive	 
	 
	 	 	 	 	 
	By:

	 	/s/ Bettina Eckelre
	 	/s/ Walter Scott	 
	 

	 	 
	 	 	 
	 

	 	Name:
	 	Walter Scott	 
	 

	 	Title:
	 	Executive Vice President, Chief Technical Officer
and NextView Program Manager	 

6

 

PROPRIETARY INFORMATION

AND INVENTIONS AGREEMENT

EarthWatch Incorporated

1900 Pike Road

Longmont, CO 80501-6700

Gentlemen:

          The following confirms an agreement between me and EarthWatch Incorporated, a Colorado
corporation (the “Company,” which term includes the Company’s subsidiaries, successors and
assigns), which is a material part of the consideration for my employment by the Company:

     1. “Proprietary Information” is information that was or is developed by, became or becomes
known by, or was or is assigned or otherwise conveyed to the Company, and which has value in the
Company’s business. Proprietary Information includes, without limitation, trade secrets, financial
information, product plans, customer lists, marketing plans and strategies, forecasts and other
business information, improvements, inventions, formulas, ideas, circuits, mask works, works of
authorship, processes, computer programs, algorithms, techniques, schematics, know-how and data. I
understand that my employment creates a relationship of confidence and trust between me and the
Company with respect to Proprietary Information of the Company or its customers, suppliers,
licensors or other third parties which may be learned by me during the period of my employment.

     2. In consideration of my employment by the Company and the compensation received by me from
the Company from time to time, I hereby agree as follows:

          (a) All Proprietary Information and all patents, copyrights, trade secret rights, rights with
respect to mask works and other rights (including throughout, without limitation, any extensions,
renewals, continuations or divisions of any of the foregoing) in connection therewith shall be the
sole property of the Company. I hereby assign to the Company any rights I may have or acquire in
such Proprietary Information, patents, copyrights, trade secret rights, rights with respect to mask
works and other rights (including throughout, without limitation, any extensions; renewals,
continuations or divisions of any of the foregoing) in connection therewith. At all times, both
during my employment by the Company and after its termination, I will keep in confidence and trust
and will not use or disclose any Proprietary Information or anything relating to it or secret or
confidential information or technology of third parties to whom Company has obligation of
confidence without the written consent of the Company, except as may be necessary or required in
the ordinary course of performing my duties to the Company.

          (b) In the event of the termination of my employment by me or by the Company for any reason, I
shall return all documents, records, apparatus, equipment and other physical property, or any
reproduction of such property, whether or not pertaining to Proprietary Information, furnished to
me by the Company or produced by myself or others in connection with my employment, to the Company
immediately.

7

 

          (c) I will promptly disclose to the Company, or any persons designated by it, all
“Inventions”, which includes all improvements, inventions, formulas, ideas, circuits, mask works,
works of authorship, processes, computer programs, algorithms, techniques, schematics, know-how and
data, whether or not patentable, made or conceived or reduced to practice or developed by me,
either alone or jointly with others, during the term of my employment and for one (1) year
thereafter. To the extent that I believe the Company does not have rights to assignment of such
invention, I will promptly notify the Company of such belief and provide written evidence to
substantiate that belief. To the extent the Company does not have rights therein hereunder, such
disclosure shall be received by the Company in confidence and does not extend the assignment made
in Section (e) below.

          (d) During the term of my employment and for one (1) year thereafter, I will not directly or
indirectly encourage or solicit any employee of the Company to leave the Company for any reason or
to devote less than all of any such employee’s efforts to the affairs of the Company, provided that
the foregoing shall not affect any responsibility I may have as an employee of the Company with
respect to the bona fide hiring and firing of Company personnel.

          (e) I agree that all Inventions which I make, conceive, reduce to practice or develop (in
whole or in part, either alone or jointly with others) during my employment shall be the sole
property of the Company to the maximum extent permitted and to the extent permitted by law shall be
“works made for hire”. The Company shall be the sole owner of all patents, copyrights, trade
secret rights, rights with respect to mask works and other intellectual property or other rights in
connection therewith. I hereby assign to the Company any rights I may have or acquire in such
Inventions. I agree to perform, during and after my employment, all acts deemed necessary or
desirable by the Company to permit and assist it, at the Company’s expense, in obtaining and
enforcing patents, copyrights, trade secret rights, rights with respect to mask works or other
rights on such Inventions and/or any other Inventions I have or may at any time assign to the
Company in any and all countries. Such acts may include, but are not limited to, execution of
documents and assistance or cooperation in legal proceedings. I hereby irrevocably designate and
appoint the Company and its duly authorized officers and agents, as my agents and attorneys-in-fact
to act for and in my behalf and instead of me, to execute and file any applications or related
filings and to do all other lawfully permitted acts to further the prosecution and issuance of
patents, registration of copyrights, and rights with respect to mask works and protection of trade
secret rights or other rights thereon with the same legal force and effect as if executed by me.

          (f) I attach hereto a complete list of all Inventions or improvements to which I claim
ownership and that I desire to remove from the operation of this Agreement, and I covenant that
such list is complete. If no such list is attached to this Agreement, I represent that I have no
such Inventions and improvements at the time of signing this Agreement.

          (g) I represent that my performance of all the terms of this Agreement will not breach any
agreement or obligation to keep in confidence proprietary information acquired by me in confidence
or in trust prior to my employment by the Company. I have not entered into, and I agree I will not
enter into, any agreement either written or oral in conflict herewith or in conflict with my
employment with the Company.

8

 

     3. In consideration of the foregoing, the Company agrees that it will not request as part of
my employment that I divulge or make use of confidential information of any of my former employers
that has commercial value to the business of the former employer who developed such information.

     4. This Agreement shall be effective as of the first day of my employment by the Company, and
shall be binding upon me, my heirs, executors, assigns, and administrators and shall inure to the
benefit of the Company, its subsidiaries, successors and assigns.

     5. If any term of this agreement is determined to be unenforceable, such provision shall not
affect the enforceability of the remainder of the Agreement.

Dated: 12/4/1995

	 	 	 	 	 
	/s/ Walter Scott
 	  [Employee signature]	 
	 
	 
	/s/ Walter Scott
 	  [Employee name]	 
	 
	 
	Accepted and Agreed to:

EarthWatch Incorporated

 	 	 
	By  	/s/ Barbara Keller
 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 

9

 

	 	 	 	 	 

EXHIBIT A

EarthWatch Incorporated

1900 Pike Road

Longmont, CO 80501-6700

Gentlemen:

          1. The following is a complete list of all inventions or improvements relevant to the subject
matter of my employment by EarthWatch Incorporated (the “Company”) that have been made or conceived
or first reduced to practice by me alone or jointly with others prior to my employment by the
Company that I desire to remove from the operation of the Company’s Proprietary Information and
Inventions Agreement.

x   No inventions or improvements.

o    See below:

o   Additional sheets attached.

          2. I propose to bring to my employment the following materials and documents of a former
employer:

x   No materials or documents.

o   See below:

	 	 	 	 	 
	 	 	 
	 	/s/ Walter Scott
 	, Employee
	 	 	 
	 	 	 

10

 

	 	 	 	 	 

EXHIBIT B

§2870. Application of provision providing that employee shall assign or offer to assign rights in
invention to employer.

     (a) Any provision in an employment agreement which provides that an employee shall assign, or
offer to assign, any of his or her rights in an invention to his or her employer shall not apply to
an invention that the employee developed entirely on his or her own time without using the
employer’s equipment, supplies, facilities, or trade secret information except for those inventions
that either:

          (1) Relate at the time of conception or reduction to practice of the invention to the
employer’s business, or actual or demonstrably anticipated research or development of the employer.

          (2) Result from any work performed by the employee for the employer.

     (b) To the extent a provision in an employment agreement purports to require an employee to
assign an invention otherwise excluded from being required to be assigned under subdivision (a),
the provision is against the public policy of this state and is unenforceable.

11

 

DigitalGlobe, Inc.

2007 SUCCESS SHARING PLAN

PART I. PLAN DESCRIPTION

	A.	 	THE PLAN

	 	 	1) Purpose and Objectives. This document sets forth the DigitalGlobe, Inc. 2007
Success Sharing Plan (the “Plan”) for eligible, non-commissionable Directors, Senior
Directors, and Vice Presidents. A key component of business strategy of DigitalGlobe, Inc.
(the “Company”) is to provide incentives to attract and retain outstanding employees. The
Plan is designed to recognize overall company success, departmental and team contributions,
as well as to reward individual contributions. By paying competitive base salaries and
providing the opportunity for an additional incentive bonus, the Company targets total cash
compensation that is aggressive relative to the market.
	 
	 	 	2) Participant Eligibility. An employee shall be eligible to participate in this
Plan (and thus be a “Participant”) if the Company classifies the individual as (i) having
been employed with the Company on or before October 1, 2007 as a full-time
non-commissionable Director, Senior Director, or Vice President of the Company; (ii)
employed by the Company on the bonus payment date and as not having given notice of intent
to terminate employment (any employee who terminates employment with the Company or provides
notice of intent to do so before bonus payments are made is not eligible to receive a
bonus); and (iii) having been notified by the Company in writing of his or her participation
in the Plan.

	 	 	 	(a) Employees Hired Or Promoted During 2007 Plan Year. Employees who are
hired, or promoted to a Plan-eligible position, after January 1, 2007 and who are
selected for Plan participation by the Company will be eligible for a prorated
bonus, prorated for the duration of their Plan participation during 2007. Employees
hired or promoted to an otherwise Plan-eligible position after October 1, 2007 are
not eligible to participate in the Plan.
	 
	 	 	 	(b) Change in Employment Status. In certain situations, employment status
may change mid-year from an otherwise eligible position to a non-eligible position
(such as a transition from full-time to part-time, change in employment
classification, leaves of absence, etc.). Under these circumstances, the employee
may continue to be eligible for a prorated bonus, prorated for the period of their
Plan participation during 2007. The Company, however, at its sole discretion, may
elect to not permit continued participation in the Plan for such employee and,
consequently, he or she may not be entitled to any bonus under the Plan.

	 	 	3) Participant Ineligibility. No employee shall be eligible to receive a bonus
under the Plan if (i) he or she is not employed in good standing by the Company on the bonus

16

 

	 	 	payment date; (ii) he or she has competed with the Company’s business during employment with
the Company or made plans to do so; or (iii) he or she has breached any agreement with the
Company or any Company policy.
	 
	 	 	4) Plan Termination or Amendment. The Plan will be in effect from January 1, 2007
through December 31, 2007, or such earlier date as the Plan is terminated. No additional
notice of Plan termination is necessary. However, the Company reserves the right to
implement a new incentive bonus plan or renew this Plan for future periods. Any such action
shall be in writing and signed by the Company’s Compensation Committee or the Board of
Directors. The Company reserves the right to amend or discontinue this Plan at any time.
The Plan may only be amended in writing by the Company’s Compensation Committee or the Board
of Directors. Participation in this Plan is not a guarantee of participation in future
Company incentive plans.
	 
	 	 	5) Scope. To ensure that our management teams are focused on common goals, all
Participants are on the same basic plan.

	B.	 	BONUSES

	 	 	 	 	 	 	 	 	 	 	 
	Participant Classification	 	Bonus Milestones	 	Total Cash	 	Total Options
	 
	Directors and Senior Directors

	 	FOC Bonus 1)
	 	 	0	%	 	 	7.5	%
	 

	 	EBITDA Bonus Achievement @ 100% 2)
	 	 	15	%	 	 	7.5	%
	 
	Vice Presidents and above

	 	FOC Bonus 1)
	 	 	0	%	 	 	12.5	%
	 

	 	EBITDA Bonus Achievement @ 100% 2)
	 	 	25	%	 	 	12.5	%

	 	 	1) FOC Bonus. In the event that the Company’s WV-1 satellite reaches Full
Operational Capability (“FOC”) on or before October 31, 2007, as determined by the Company
in its sole discretion, each Participant will be eligible to receive a FOC Bonus (“FOC
Bonus”) in the form of stock options with a Black Scholes value (as determined by the
Company in its sole discretion) as of the date of grant equivalent to the target percentage
of the Participant’s Base Salary, subject to pro ration, as described above. In the event
the launch is delayed for reasons outside the Company’s control but occurs in 2007, then the
FOC Bonus will be payable as set forth herein if FOC is achieved within 60 days of launch of
the WV-1 satellite, as determined by the Company in its sole discretion.
	 
	 	 	2) EBITDA Bonus. In addition to the FOC Bonus payable in connection with the WV-1
satellite reaching FOC set forth in 1), an EBITDA Bonus (“EBITDA Bonus”) will be payable if
the Company reaches certain EBITDA targets in 2007. The target EBITDA bonus (“Target EBITDA
Bonus”) for each Participant classification is set forth below and is based on a 2007
Company EBITDA target of $54.25 million (“Target EBITDA”).1

 

			
	1	 	“The original EBITDA target of $55.2 million is reduced
by $950,000 to reflect the change in accounting for certain overhead costs
associated with WV1 activities that resulted in a reclassification of those
costs from Capital Expenditures to Operating Expense.”

17

 

The actual amount of a Participant’s Bonus based on EBITDA, if any, will be calculated as described
below.

	 	 	 	 	 	 	 	 	 
	% of TARGET EBITDA	 	Less than 90% of	 	At 90% of Targeted	 	100% of Targeted	 	At 140% of Targeted
	ACHIEVED	 	Targeted EBITDA	 	EBITDA	 	EBITDA	 	EBITDA
	 
	EBITDA (in millions)
	 	Less than $48.73	 	$48.73	 	$54.25	 	$76.33
	 
	EBITDA Bonus
	 	0%	 	50%	 	100%	 	Maximum bonus
	(as a percentage of the Target 
	 	 	 	 	 	 	 	of 200%
	EBITDA
Bonus)
	 	 	 	 	 	 	 	 

	 	 	 	Calculation. If the Company achieves between 90% and 100% of Target EBITDA,
every 1% increase in EBITDA achievement will increase the EBITDA Bonus payable by
5%. For example, if the Company achieves 93% of Target EBITDA, the EBITDA Bonus
payable would be 65% of the Target EBITDA Bonus. If the Company achieves between
100% and 140% of the Target EBITDA, every 1% increase in achievement will increase
the EBITDA Bonus payable by 2.5%. For example, if the Company achieves 115% of the
Target EBITDA, the EBITDA Bonus payable would be 137.5% of the Target EBITDA Bonus.
The maximum total EBITDA Bonus payable under this Plan is 200% of the Target EBITDA
Bonus (Cash and Stock Options), payable upon achievement of 140% of the EBITDA
Target (i.e., $125,000 in cash and an EBITDA Bonus stock option with a Black-Scholes
value of $62,500 in the event of a base salary of $250,000).

	 	 	3) Bonus Payment. Any Bonus will be paid as described above no later than March 15,
2008. For the 2007 Plan Year, the stock option components of the Bonus will be paid as
follows:

	 	 	 	(a) The Bonus stock options will vest 50% upon grant with the remaining options
vesting in 24 equal monthly installments thereafter, subject to the Participant’s
continued employment with the Company.
	 
	 	 	 	(b) The strike price will be the per share fair market value of company common stock
at the time of the option grant as determined by the Company in its sole discretion.
	 
	 	 	 	(c) The Bonus stock options will be granted pursuant to the Company’s 2007 Employee
Stock Option Plan and subject in all respects to the terms and conditions of such
plan and related documents.

		 	4) Definitions.

	 	 	 	(a) “Base Salary” means an employee’s straight time rate of pay, calculated
on an annual basis, in effect on the date the employee’s Plan participation
commences as determined by the Company in its sole discretion. Base Salary does not
include pay for commissions, overtime, shift differential, or any other premiums,
bonuses, or incentive compensation or expense reimbursements, etc.

18

 

	 	 	 	(b) “Bonus” means the actual amount to be paid to a Participant under the
terms of this Plan, which may include the FOC Bonus and the EBITDA Bonus.
	 
	 	 	 	(c) “EBITDA” means (a) consolidated Net Income of the Company for calendar
year 2007 minus, (b) to the extent added to determine such consolidated Net Income,
the sum of (1) non-cash revenue representing amortization of pre-FOC payments made
to DG by NGA for the construction of WV-1, (2) interest income, and (3) any
extraordinary or unusual gains or other gains not incurred in the ordinary course of
business, in each case determined by the Company in its sole discretion plus, (c) to
the extent deducted to determine such consolidated Net Income, the sum of (1)
depreciation expense, (2) interest expense, (3) amortization expense, (4) tax
expense, and (5) any extraordinary or unusual losses or other losses not incurred in
the ordinary course of business in each case determined by the Company in its sole
discretion.
	 
	 	 	 	(d) “Net Income” means the consolidated Net Income of the Company and its
subsidiaries for calendar year 2007 as determined by the Company in accordance with
Generally Accepted Accounting Principles.

PART II. MISCELLANEOUS

	A.	 	PLAN ADMINISTRATION

	 	 	The Company is responsible for the general administration and management of the Plan and
shall have all powers and duties necessary to fulfill its responsibilities including, but
not limited to, the discretion to interpret and apply the Plan and to determine all
questions relating to eligibility for benefits. The Company and its delegates shall have
the discretion to interpret or construe ambiguous, unclear, or implied (but omitted) terms
in any fashion they deem to be appropriate in their sole and absolute discretion, and to
make any findings of fact needed in the administration of the Plan. The validity of any
such interpretation, construction, decision, or finding of fact shall not be given de novo
review if challenged in court, by arbitration, or in any other forum, and shall be upheld
unless clearly arbitrary or capricious.

	B.	 	DRAFTING ERRORS

	 	 	If, due to errors in drafting, any Plan provision does not accurately reflect its intended
meaning, as demonstrated by consistent interpretations or other evidence of intent, or as
determined by the Company in its sole and absolute discretion, the provision shall be
considered ambiguous and shall be interpreted by the Company and its delegates in a fashion
consistent with its intent, as determined in the Company’s sole and absolute discretion.

19

 

	C.	 	ENTIRE STATEMENT

	 	 	The Plan, including all documentation referred to herein, is a complete and exclusive
statement of the agreement between the parties relating to this subject matter. This Plan
supersedes all prior communications, oral or written, concerning this subject matter. Any
provision of the Plan that is prohibited or unenforceable in any jurisdiction shall, as to
such jurisdiction, be ineffective to the extent of such prohibition or unenforceability
without invalidating the remaining provisions hereof, and any such prohibition or
unenforceability in any jurisdiction shall not invalidate or render unenforceable such
provision in any other jurisdiction.

	D.	 	NO EMPLOYMENT AGREEMENT

	 	 	This Plan is not to be construed as an employment agreement and in no way limits the right
of the Company to terminate the employment of any Participant at any time, with or without
cause. Each Participant’s employment with the Company is, and continues to be, “at-will”
with either party having the right to terminate the employment relationship at any time,
with or without cause or advance notice. By Participating in the Plan, each Participant
acknowledges his or her at-will employment status and that such at-will status only may be
changed by a written document signed by the Participant and the Company’s CEO. Except to
the extent governed by federal law, the Plan is governed by the laws of the State of
Colorado, excluding choice of law principles.

	E.	 	ISSUE RESOLUTION

	 	 	In the event that there is a dispute between the Company and a Participant over any
compensation alleged to be due including, but not limited to, disputes concerning the
Participant’s Bonus, the Participant must immediately bring such dispute to the attention of
the Vice President, Human Resources. The Participant and the Vice President, Human
Resources shall use their commercially reasonable efforts to resolve any such dispute on an
informal basis. In the event that such dispute cannot be resolved on an informal basis, the
Participant must arbitrate any controversy or claim in accordance with the Dispute
Resolution Agreement, a copy of which is attached as Appendix A, which the Participant must
sign as a precondition to Plan participation.

	F.	 	TAX WITHHOLDINGS

	 	 	The Company may withhold from any payments made under this Plan all applicable taxes and
other withholdings including, but not limited to, Federal, state and local income,
employment and social insurance taxes, as it determines are required or permitted by law.
All amounts paid to Participants under this Plan will be treated as compensation, and each
Participant agrees to such treatment by accepting a payment under the Plan. The Company
cannot guarantee the tax treatment of any payments under the Plan and each Participant
agrees that he or she, and not the Company, shall be liable for any excise taxes, penalties,
or interest imposed on the Participant.

20

 

	G.	 	SOURCE OF PLAN ASSETS

	 	 	The Plan shall be unfunded. Payments under the Plan shall be made from the general assets
of the Company. To the extent any Participants have any right to payments under the Plan,
such Participants shall be general unsecured creditors of the Company. No Participant shall
have any right, title, claim or interest in or with respect to any specific assets of the
Company or any of its affiliates in connection with the Participant’s participation in the
Plan

	H.	 	PARTICIPANT WARRANTIES

	 	 	By participating and receiving the benefits of the Plan, each Participant acknowledges and
agrees that: (i) the Participant has read and understood the terms and conditions specified
in the Plan; (ii) the terms and conditions specified in the Plan are fair and reasonable;
(iii) neither the Company nor any person acting on its behalf has made any representation or
other inducement to the Participant to enter into the Plan, except for the representations
or inducements expressly set out in the Plan; (iv) the Participant has not entered into the
Plan in reliance on any representation or inducement by or on behalf of the Company (nor any
person acting on its behalf) or any other party, other than representations or inducements
expressly set out in the Plan; and (v) no person, other than the Company’s Compensation
Committee or the Board of Directors, has the authority to interpret this Plan and the
Participant shall not rely on any interpretation, representation or inducement by or on
behalf of the Company unless it is in writing and signed by a member of the Company’s
Compensation Committee or the Board of Directors.

DigitalGlobe, Inc. 2007 Success Sharing Plan

Participant Acknowledgement

The following Participant has reviewed a copy of the DigitalGlobe, Inc. 2007 Success Sharing Plan
and hereby acknowledges and agrees to its terms, which are incorporated by reference as though
fully set forth herein.

	 	 	 	 	 	 
	 	 	 
	Date: 6/6/07 	Signature: 	/s/ Walter Scott
 	 
	 	 	 	 
	 	 	 	 
	 	Name:	/s/ Walter Scott
 	 
	 	 	 
	 	 	 

21

 

	 	 	 	 	 

APPENDIX A

DISPUTE RESOLUTION AGREEMENT

DigitalGlobe, Inc. (the “Company”) and I expect to treat each other in a professional manner. By
doing so, we believe that we will be able to resolve any disagreement by sitting down and
discussing the matter, respectfully listening to the other side’s concerns, and working together to
find a solution to the problem. In the event that we fail to resolve any legally actionable
dispute through this method, we understand that litigation is a costly and time-consuming process,
and agree that we will exclusively resolve that dispute by binding arbitration. We understand that
this agreement to arbitrate covers all disputes that the Company may have against me, or that I
might have against the Company or its related entities or employees, including those that relate to
my employment or termination of employment (for example claims of unlawful discrimination or
harassment) or any compensation or bonus plans.

The arbitration will be conducted by an impartial arbitrator experienced in employment law
(mutually selected from either the JAMS panel of arbitrators) in accordance with JAMS then-current
employment arbitration rules (except as otherwise provided in this agreement). We waive the right
to institute a court action, except for requests for injunctive relief pending arbitration, and
understand that we are giving up our right to a jury trial. The arbitrator’s award and opinion
shall be in writing and in the form typically rendered in labor and employment arbitrations.

To the extent permitted by applicable law, the fees and costs of the arbitrator shall be shared
equally. If not permitted by applicable law, the Company shall pay the fees and costs of the
arbitrator. Each of us shall be responsible for our own attorneys’ fees and costs; however, the
arbitrator may award attorneys’ fees and arbitrator’s fees to the prevailing party, if permitted by
applicable law. This arbitration agreement does not prohibit either of us from filing a claim with
an administrative agency (e.g., the EEOC), nor does it apply to claims for workers’ compensation or
unemployment benefits, or claims for benefits under an employee welfare or pension plan that
specifies a different dispute resolution procedure. The arbitration shall take place in the city
in which I was last employed, unless we agree otherwise. This agreement can only be changed or
modified by a written agreement signed by both parties and shall continue in existence
indefinitely.

	 	 	 	 	 	 	 	 
	DigitalGlobe, Inc.	 	Participant Name	 
	 
	 	 	 	 	 	 	 
	Signature:

	 		 	Signature:
	 	/s/ Walter Scott	 
	

	 

	 	 	 	 

	 
	 	Name:
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	Title:
	 	 	 	 	 	 
	 
	 	 	 	 
	 
	Date:

	 	 	Date: 6/6/07	 

22

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