Document:

EX-10.1

FORM OF MIP AGREEMENT FOR EXECUTIVE OFFICERS

February 2014

[Name of Executive]

[Address]

Re: Lionbridge Technologies, Inc. 2014 Management Incentive Plan (MIP)

Dear :

I am pleased to inform you that you are invited to participate in the 2014 Lionbridge Management
Incentive Plan (“MIP”). As a participant, you are entitled to receive a cash incentive payment upon
the achievement by the Company in 2014 of the following performance metrics set by the Nominating
and Compensation Committee:

	 	 	 	 	 	 	 
	•	 	Corporate-wide Revenue target for	 	 
	 	 	2014	 	 	 	 
	•	 	Corporate-wide Profitability target for 2014; and
	 	 	 	 	•
	 	Objectives related to the business or function you lead in your

capacity as [title] at Lionbridge (the “MBO”)

• Other Product Line Performance Objectives, if applicable.

Your potential MIP award is determined based on a percent of your annual based salary (“MIP
Percentage”), and your personal MIP Percentage is set forth in Exhibit A. Exhibit A also sets out
your personal MBO, as well as the specific Revenue and Profitability targets set by the Nominating
and Compensation Committee.

Achievement of the MIP objectives will be determined by our Compensation Committee following the
completion of the audit of our 2014 financial results. The Committee has the sole discretion in
determining achievement of all objectives, including the MBO. In addition, the Committee has sole
discretion to adjust any award to reflect the impact of foreign currency exchange rate fluctuations
or any other extraordinary events.

The term “Revenue” means the revenue as reported in the Corporation’s financial statements for the
year ending December 31, 2014. The term “Profitability” means the Corporation’s adjusted EBITDA for
the Corporation’s fiscal year ending December 31, 2014, determined as follows:

	 	 	 
	•
	 	Income from Operations, plus

	•
	 	Merger, Restructuring & other charges

	•
	 	Amortization of Acquisition Related Intangibles

	•
	 	Depreciation

	•
	 	Amortization, and

	•
	 	Stock Based Compensation Expense

To receive a payment under the MIP, you must continue to be employed by the Company in your current
position at the time payment is determined and authorized by the Compensation Committee. In
addition, your participation in the MIP is conditioned on your acknowledgement that: (a) your
participation in the MIP is voluntary; (b) participation in the MIP and any award thereunder is not
part of normal or expected compensation for any purpose, including without limitation for
calculating any benefits, severance, resignation, termination, redundancy, end of service payments,
bonuses, or similar payments; (c) neither the MIP, nor the issuance or potential issuance of award
under the MIP confers upon you any right to continue in the service of (or any other relationship
with) the Company and (d) you reconfirm your contractual and legal obligations of confidentiality
to the Company and your obligations not to compete with the Company, as such are described in your
Non-Disclosure Agreement, Non-Competition Agreement and/or Business Protection Agreement with the
Company.

You agree and understand that your participation in the MIP is conditioned on your agreement and
consent that the Board of Directors of the Company or its Nominating and Compensation Committee has
the sole discretion to require you or your estate to repay to the Company, in cash and upon demand,
any MIP award made to you (a) in the event of a restatement (other than a restatement due to a
change in accounting policies) of the Company’s financial results where the restatement results in
a material impact on the financial statements for the period affecting the achievement of the
performance conditions for the award of any portion or all of your MIP award or (b) if the Board or
the Committee determines that you have engaged in fraud or misconduct (“Misconduct) that resulted
in or substantially resulted in the achievement of the performance conditions for the award of any
portion or all of your MIP award. The amount to be repaid shall be determined by the Committee in
its sole discretion. Any determination by the Committee with respect to the foregoing shall be
final, conclusive and binding on all interested parties. This provision expires on the earlier of
(a) a Change of Control (as defined under the Company’s Change of Control Plan) or (b) three years
from the date of grant of the MIP award.

This letter agreement is governed under the laws of the Commonwealth of Massachusetts.

Please indicate your acceptance to the terms contained in this letter agreement and participation
in the MIP by signing below and returning one copy of the letter agreement to me.

Sincerely,

Rory J. Cowan

Chief Executive Officer

Exhibit A

MIP Percentage:

Revenue Payout Target: $ Million

Revenue Payout Thresholds (minimum and maximum):

Minimum: $ Million

Maximum: $ Million

Profitability Payout Target: $ Million

Profitability Payout Thresholds (minimum and maximum)

Minimum:$ Million

Maximum: $ Million

MBO:

Other Product Line Performance Metrics:EX-10.2

LIONBRIDGE TECHNOLOGIES, INC.

INDPEPENDENT DIRECTORS’ COMPENSATION POLICY

Amended and Restated as of January 30, 2014

Each non-employee member of the Board of Directors of Lionbridge Technologies, Inc. who directly
holds less than 1% of the Company’s outstanding common stock (an “Eligible Director”) shall receive
compensation made up of (i) an annual retainer payable in cash and through a restricted stock unit
(the “Retainer”), (ii) an initial grant of stock options upon election to the Board (the “Initial
Option Grant”) and (iii) an annual grant of stock options (the “Annual Option Grant”).

In addition, each Eligible Director who serves on the Audit Committee shall receive an annual
cash retainer in connection with such service (the “Audit Retainer”).

Chairmen of the Audit Committee and the Nominating and Compensation Committee shall receive an
additional annual retainer (the “Audit Chairman Retainer” and the “Nominating and Compensation
Chairman Retainer”).

The Board has authority to create additional standing or special committees, which may be permanent
or of limited duration. In connection therewith, the Board may make provision for the compensation
of Eligible Directors serving on such committee, in an amount that does not exceed, individually,
the amount of the Annual Retainer. This compensation shall be in addition to the Annual Retainer.

All non-employee directors shall be entitled to travel expense reimbursement and shall be covered
by the provisions of the Company’s charter and bylaws with respect to liability.

Annual Retainer.

Each Eligible Director shall receive an annual cash retainer in the amount of $30,000 and an annual
equity retainer in the form of Restricted Stock Units with a value on the date of grant of $35,000,
determined based on the closing stock price of the Company’s common stock on the date of grant.
This Cash Retainer will be paid annually in advance on the date of the Company’s Annual Meeting of
Stockholders to each Eligible Director and the Restricted Stock Units will be granted annually in
advance on the date of the Company’s Annual Meeting of Stockholders to each Eligible Director.

Meeting Fees.

Each Eligible Director shall receive an additional fee for attendance at any unscheduled or special
Board Meeting. Regularly scheduled Board Meetings consist of the four quarterly Board meetings,
the meeting to approve the Annual Report on Form 10-K and the meeting to review the Corporation’s
budget. This additional fee is $500 for a telephonic meeting and $2,000 for an in-person meeting.

Deferred Compensation Plan.

Each Eligible Director shall have the option to defer all or a portion of his or her annual cash or
equity retainer, and any committee retainer, in the Company’s Deferred Compensation Plan for
Independent Directors.

Initial Option Grant. 

On the date of election to his or her first term as a director, each Eligible Director shall
automatically be granted a stock option to purchase 20,000 shares of common stock of the Company
and the Annual Option described below. The exercise price of this Initial Option shall be equal to
fair market value of the Company’s stock on the date of grant and the Initial Option shall vest
over two years from the date of grant at the rate of 50% on each of the first and second
anniversaries of the date of grant. The Initial Option shall be issued under the terms and
provisions of any of the Company’s then existing equity plans that have been approved by the
Company’s stockholders. The Initial Option shall have a term of 5 years.

Annual Option Grant. 

On the date of the Company’s Annual Meeting of Stockholders, each Eligible Director shall
automatically be granted a stock option to purchase that number of shares of common stock of the
Company with a Black-Scholes value of $15,000, up to maximum of 10,000 shares of common stock of
the Company. The exercise price of this Annual Option shall be equal to fair market value of the
Company’s stock on the date of grant and the Annual Option shall vest over two years from the date
of grant from the date of grant at the rate of 50% on each of the first and second anniversaries of
the date of grant. The Annual Option shall be issued under the terms and provisions of any of the
Company’s then existing equity plans that have been approved by the Company’s stockholders. The
Annual Option shall have a term of 5 years.

Audit Retainer.

In addition to the Annual Retainer, each Eligible Director (other than the Audit Committee
Chairman) serving on the Audit Committee shall receive an annual cash retainer in the amount of
$5,000. This Audit Retainer will be paid annually in advance on the date of the Company’s Annual
Meeting of Stockholders to each Eligible Director.

Audit Chairman Retainer. 

The Chairman of the Audit Committee shall receive an annual cash retainer in the amount of $15,000,
in addition to the Annual Retainer. This Audit Chairman Retainer will be paid annually in advance
on the date of the Company’s Annual Meeting of Stockholders.

Nominating and Compensation Chairman Retainer. 

The Chairman of the Nominating and Compensation Committee shall receive an annual cash retainer in
the amount of $15,000, in addition to the Annual Retainer. This Nominating and Compensation
Committee Chairman Retainer will be paid annually in advance on the date of the Company’s Annual
Meeting of Stockholders.

Lead Director Retainer. 

The Lead Director shall receive an annual cash retainer in the amount of $15,000, in addition to
the Annual Retainer. This Retainer will be paid annually in advance on the date of the Company’s
Annual Meeting of Stockholders.

Expense Reimbursement.

All directors shall be reimbursed for reasonable travel expenses in connection with attendance at
meetings of the Company’s Board of Directors and its committees. Commercial airfare reimbursement
is limited to coach fare.

Directors’ Liability.

The Company’s Amended and Restated Certificate of Incorporation provides that no director of the
Company shall be personally liable to the Company or its stockholders for monetary damages for
breach of fiduciary duty as a director. There are exceptions to these protections in the case of
any of the following:

	 	•	 	Breach of the director’s duty of loyalty to the Company or its stockholders;

	 	•	 	Acts or omissions not in good faith or which involve intentional misconduct or a
knowing violation of law;

	 	•	 	Under Section 174 of the General Corporation Law of Delaware (relating to unlawful
declaration of dividends and unlawful purchase of the Company’s stock)

	 	•	 	Any transaction from which the director derived an improper personal benefit.

The Company has and does maintain Directors’ and Officers’ liability insurance coverage with a
$20,000,000 limit.

Change of Control.

Upon the closing of a Change of Control of the Company (as such term is defined in the Company’s
Change of Control Plan) any outstanding but unvested Option or RSU shall become fully vested and
exercisable.

Retirement.

Upon the retirement (as hereinafter defined) of any Director from service from the Board of
Directors, any outstanding but unvested shares under any Option or RSU held by such Director that
are scheduled to vest on or before December 31 of the calendar year of retirement shall become
fully vested and exercisable. Where used herein, the term “retirement” means a decision by a
Director to decline nomination for re-election to another term as a director of the Company
following service of at least one full term as a Director.

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