Document:

Separation Agreement dated October 17, 2004 between Company and Mahmoud Mostafa

 EXHIBIT 10.18 
  
 SEPARATION AGREEMENT AND GENERAL RELEASE 
  
 1. Agreement. This Separation Agreement and General Release (“Agreement”) is entered into by and between Iomega
Corporation, a Delaware corporation, on behalf of itself and each of its subsidiaries and affiliates (“Iomega” or the “Company”), and Mahmoud Mostafa (“Employee”) for the purpose of amicably concluding their
employment relationship. By entering into this agreement neither party admits any deficiency, wrongdoing or liability, expressly or by implication. 
  
 2. Last Working Day. Employee’s last regular working day at Iomega will be October 17, 2003 (“Last Working Day”). The effective date of
Employee’s termination of employment with Iomega will be October 17, 2003 (the “Termination Date”). 
  
 3. Consideration. 
  
 (a) Iomega shall make a total special severance payment to Employee in the amount of twelve months of $577,500.00, less necessary federal, state and other
withholdings to be paid in bi-weekly increments over approximately twelve months, beginning on the next regularly scheduled payroll, after receipt of this fully executed Agreement, provided Employee performs satisfactorily through the Last Working
Day, answers any Iomega questions and assists the Company through the fourth quarter of calendar year 2004 (providing up to 24 hours per quarter of assistance if requested), complies with the Iomega Employee Information Guide through Employee’s
Termination Date, and does not perform services for any competing company during that twelve-month period. 
  
 During the time he receives this special severance payment, Employee shall not in any way compete with the Company or provide services to any entity engaged in competition with the Company. If Employee competes with,
or begins to provide services to any company, partnership, person, or enterprise competing with, the Company during the time period while severance is being paid, the remaining portion of the special severance payment shall cease (and any portion
paid after the performance of services to a competing company began shall be returned to Iomega), EXCEPT that Employee shall not receive less than a total special severance payment over four months, if Employee answers any Iomega questions and
assists the Company through the fourth quarter of calendar year 2004 (providing up to 24 hours per quarter of assistance if requested), and complies with the Iomega Employee Information Guide through Employee’s Termination Date. 
  
 (b) Iomega shall pay to Employee $11,378.76, less necessary federal, state and other
withholdings to be paid in a lump sum payment, which is equivalent to the cost of COBRA for a 12 month period, based on Employee’s current health insurance benefits through Iomega. 
  
 (c) Iomega will provide executive outplacement services to Employee as determined by Iomega. 
  
 (d) As provided in your offer letter (and adjusted based on the subsequent reverse stock
split), 75,000 options for Iomega stock will vest in your name in connection with this termination. 
  
 (e) The amounts and provisions set forth in Section 3 (a) through (d) above will be paid or implemented after receipt of a fully executed and unchanged copy of this Agreement and the expiration of the Age Release
Period described in this Agreement. These payments shall be in full satisfaction of any and all claims Employee may have arising directly or indirectly from his/her employment and separation from Iomega and shall also be consideration for the
other promises contained herein. Employee acknowledges and understands that, except as described in Section 3 of this Agreement, Employee will not be entitled to receive from Iomega any other severance or termination allowance or any other
compensation or payment. Employee acknowledges that the foregoing is not required to be provided by Iomega pursuant to any policy or practice and that Employee is not otherwise entitled to payment. 
  

					
	 Sep Agreement Over 40 Non-WARN
	  	1	  	Revised 1/2003

 4. Participation in Benefit and Other Programs. Employee will be entitled to participate through the Termination
Date in all employee benefit programs and policies generally available to Iomega employees, in which Employee is eligible to participate, including stock option vesting, health insurance, and Iomega’s 401(k) plan (if applicable), as allowed by
law. 
  
 Employee acknowledges and agrees that, under the terms of any outstanding
stock option agreement(s) between Employee and Iomega, the vesting of any options to purchase company stock granted to employee will cease as of the Termination Date, and Employee has a period of three months following the Termination Date within
which to exercise any vested options. Any vested options not exercised within the three month period shall expire and thereafter not be exercisable. All unvested options will be canceled on Employee’s Termination Date. No unearned bonuses or
other incentive compensation will be due Employee. 
  
 5. Re-Employment by
Iomega. Employee agrees that if employee becomes re-employed with Iomega or is assigned to Iomega as a temporary or contract Employee while Employee is receiving payments pursuant to this Agreement, Employee shall waive any remaining payments
which shall be discontinued without affecting any other terms of the Agreement. 
  
 6. Release of Claims. 
  
 (a) General Release. In
consideration of the payments and other valuable consideration under the terms of this Agreement, Employee hereby knowingly, voluntarily, and irrevocably agrees to fully, unconditionally, completely and forever release Iomega, and all of
Iomega’s predecessors and successors, and their officers, directors, shareholders, agents, employees and representatives, and all parent, subsidiary and affiliated companies, together with their employees, officers, directors and shareholders
(the “Released Parties”), from any and all rights and claims, including, without limitation, demands, causes of action, charges, complaints, promises, grievances, losses, damages, liabilities, debts, or injuries, whether known or unknown,
contingent or matured, at law or in equity or in arbitration, which Employee holds or has ever held against Iomega resulting from any act, obligation, or omission occurring on or prior to the date Employee signs this Agreement (“Released
Claims”), including, but not limited to, any Released Claims connected with or arising out of Employee’s employment, or separation therefrom, or terms of such employment or employment separation by Iomega; employee benefit plans whether or
not arising under the Employee Retirement Income Security Act of 1974, as amended; any claims whether or not arising under any local, state or federal law or regulation, public policy or common law (including, without limitation, Title VII of the
Civil Rights Act of 1964, the Americans with Disabilities Act, the Family and Medical Leave Act, the Fair Labor Standards Act, the Equal Pay Act, the California Fair Employment and Housing Act, the California Family Rights Act, the California Labor
Code, Title 34 and 34A of the Utah Code Annotated) or any state, federal or local statute, regulation, public policy, contract or tort principle in any way governing or regulating Employee’s employment, or termination, or terms of employment or
termination by Iomega. It is expressly agreed and understood that this Agreement is a general release. Nothing contained in this Agreement is a waiver of any rights or claims that may arise after the date of execution by Employee or which, as a
matter of law, cannot be released or waived. This release does not include a release of claims for unemployment or worker’s compensation benefits. 
  
 (b) Age Discrimination Release. In addition to the waivers and releases contained in the preceding paragraph, and in consideration of the payments provided
above, Employee also specifically releases Iomega from any and all liabilities, claims, causes of action, demand for damages or remedies of any kind, including claims for attorneys’ fees and legal costs, arising under the Age Discrimination in
Employment Act of 1967, as amended, related to or arising out of his/her employment or termination from employment with Iomega up to and including the date of this Agreement. Employee is advised to consult with an attorney regarding this 

 

					
	 Sep Agreement Over 40 Non-WARN
	  	2	  	Revised 1/2003

 Agreement. Employee also acknowledges that prior to signing this Agreement Employee has 45 days from the date of
his receipt of the Agreement within which to consider it and to consult with an attorney of his/her choice regarding it. Should Employee nevertheless elect to execute this Agreement sooner than 45 days after she/he has received it, Employee
specifically and voluntarily waives the right to claim or allege that she/he has not been allowed by Iomega or by any circumstances beyond his/her control to consider the Agreement for a full 45 days. Employee also acknowledges and agrees
that this Agreement will not become effective or enforceable until after seven (7) days from the date it is signed by Employee (“Age Release Period”). During the Age Release Period Employee understands and agrees that she/he may revoke the
provisions of this Section by delivering written notice of this revocation to Sheree Lupton, Director of Human Resources, Iomega Corporation, 1821 West Iomega Way, Roy, UT 84067. This provision is not intended to change or affect
current law regarding the knowing and voluntary nature of releases, including but not limited to the law regarding the knowing and voluntary nature of releases under the Older Workers Benefit Protection Act. 
  
 Employee also acknowledges that he/she has received information regarding the ages and job
titles of other employees within his/her department who have also been affected by this reduction in force, as well as the ages and job titles of the employees within his/her department who were not selected for reduction. This information is
attached as Exhibit A to this Agreement. 
  
 7. Section 1542
Waiver. Employee does expressly waive all benefits and rights granted to her/ him pursuant to California Civil Code section 1542, which reads as follows: 
  

A general release does not extend to claims which the creditor does not know of or suspect to exist in his/ her favor at the time of executing the
release, which if known by him/ her must have materially affected his/ her settlement with the debtor. 
  
 Employee does certify that she/ he has read all of this Agreement, including the Agreement provisions contained herein and the quoted California Civil Code section, and that she/ he fully understands all of the same.
Employee hereby expressly agrees that this Agreement shall extend and apply to all unknown, unsuspected, and unanticipated injuries and damages, as well as those that are now disclosed. 
  
 8. No Further Action. Employee irrevocably and absolutely agrees that she/ he will not prosecute or allow to be prosecuted on her/
his behalf, in any administrative agency, whether federal or state, or any court, whether federal or state, any claim or demand of any type related to the matters released above in Section 6a, it being the intention of the parties that with the
execution by Employee of this Agreement, Iomega, and all of Iomega’s predecessors and successors, and their officers, directors, shareholders, agents, employees and representatives, and all parent, subsidiary and affiliated companies, together
with their employees, officers, directors and shareholders will be absolutely, unconditionally and forever discharged of and from any obligations to or on behalf of Employee related in any way to the matters discharged therein. 
  
 9. No Admission of Fault. Iomega and Employee agree that this Agreement in whole or in
part shall not be admissible in any legal or quasi-legal proceeding as evidence of or admission by Company of any violation of its policies or procedures or local, state or federal law or regulation. Further, Company expressly denies any violation
of any of its policies, procedures, local, state or federal laws or regulations. 
  
 10. Return of Documents. Employee will immediately return to Iomega all documents, records and materials, relating to Iomega’s business, to the extent that any such documents have not yet been returned to Iomega, whether
stored electronically or in written or printed form, or otherwise, including but not limited to records, notes, memoranda, computer storage media, drawings, reports, files, software materials, notebooks, rolodex files, telephone lists, computer or
data processing disks and tapes, marketing plans, financial plans and studies, customer lists, names of business contacts, policies and procedures, and any materials prepared, compiled or acquired by Employee relating to any aspect of Iomega or its
business, products, plans or proposals and all copies thereof, in Employee’s or related party’s possession, custody or control, whether prepared by Employee or others. Employee also agrees to participate in an exit interview upon the
termination of Employee’s employment with Iomega. 
  

					
	 Sep Agreement Over 40 Non-WARN
	  	3	  	Revised 1/2003

 11. Non-Disclosure. Employee acknowledges his or her obligations under a written agreement regarding employee use
of corporate information executed by Employee at the beginning of her/his employment, which is still in effect. 
  
 12. Employee Inventions. Employee acknowledges that any and all innovations, products and processes invented or discovered by Employee during Employee’s
employment with Iomega are the property of Iomega and have been assigned to Iomega under a written agreement regarding employee use of corporate information executed by Employee at the beginning of her/his employment, which is still in effect.

  
 13. Non-Disparagement. Employee agrees not to disparage, orally
or in writing, Iomega, its officers, employees, management, operations, products, designs, or any other aspects of Iomega’s affairs to any third person or entity. 
  
 14. Non-Solicitation of Employees. Employee agrees that for one year following Employee’s Termination Date, Employee shall not,
directly or indirectly, in any capacity (including but not limited to, as an individual, a sole proprietor, a member of a partnership, a stockholder, investor, officer, or director of a corporation, an employee, agent, associate, or consultant of
any person, firm or corporation or other entity) hire any person from, attempt to hire any person from, or solicit, induce, persuade, or otherwise cause any person to leave his or her employment with Iomega. 
  
 15. Remedies. The parties shall attempt in good faith to resolve any dispute arising
out of or relating to this Agreement by negotiation. The parties recognize that irreparable injury to Iomega will result from a material breach of this Agreement, and that monetary damages will be inadequate to rectify such injury. Accordingly,
notwithstanding anything to the contrary, Iomega shall be entitled to one or more preliminary or permanent orders: (i) restraining or enjoining any act which would constitute a material breach of Sections 8, 10, 12, 14, and 17 of this Agreement, and
(ii) compelling the performance of any obligation which, if not performed, would constitute a material breach of this Agreement. Employee expressly acknowledges that Iomega is prepared to vigorously enforce this Agreement, and that violation of
this Agreement could result in the assessment of damages and other legal remedies against Employee and any of Employee’s subsequent employers. Any breach by Employee of this Agreement shall, in addition to other remedies which may be available
Iomega, result in the immediate release of Iomega from any obligations it may have to provide further payments under this Agreement, except as may be required by applicable law. 
  
 16. Party’s Bear Own Costs. Each party shall bear the cost of, and shall be responsible for, its own attorneys’ and
accountants’ fees and costs, if any, in connection with the negotiation and execution of this Agreement. 
  
 17. Agreement is Confidential. Employee further agrees that the terms and conditions of this Agreement are strictly confidential and shall not be discussed with, disclosed or revealed to any other persons,
whether within or outside Iomega, except professional advisors with whom Employee may consult regarding this Agreement and Employee’s immediate family members, unless disclosure is compelled by subpoena or other legal process. 
  
 18. Entire Agreement. This Agreement and any exhibits hereto constitute the entire
understanding of the parties, except for the agreement regarding employee use of corporate information executed by Employee at the beginning of her/his employment, which is still in effect. Employee warrants that he or she: (a) has read and fully
understands this Agreement and any exhibits hereto; (b) has had the opportunity to consult with legal counsel of his or her own choosing and have the terms of this Agreement fully explained; (c) is not executing this Agreement in reliance on any
promises, representations or inducements other than those contained herein; and (d) is executing this Agreement voluntarily, free of any duress or coercion. 
  

					
	 Sep Agreement Over 40 Non-WARN
	  	4	  	Revised 1/2003

 19. Severability. The invalidity or unenforceability of any provision or provisions of this Agreement shall not
affect the validity or enforceability of any other provision hereof, which shall remain in full force and effect. 
  
 20. Governing Law. This Agreement shall be interpreted, construed and governed in accordance with the laws of the State of California, without giving effect to the
choice of law rules thereof. Any litigation arising from this Agreement shall only be filed in a court of competent jurisdiction located within the County of San Diego, California. Employee hereby consents to this exclusive venue and personal
jurisdiction. 
  
 21. Nonassignment. Employee warrants that no person other
than Employee is entitled to assert any claim based on or arising out of any alleged wrong suffered by Employee in or as a consequence with or severance of employment from Company and that employee has not assigned or transferred or purported to
assign or transfer to any person or entity any claim Employee now has or may have against Company or any portion thereof or interest therein. 
  
 22. Acknowledgement by Employee. Employee acknowledges and understands the terms and conditions of this document and has been given ample opportunity to consult
with legal counsel and/or advisors before signing it. By Employee’s signature, Employee agrees to the terms set forth above. 
  
 Employee has 45 Days following receipt of this Agreement, to sign below, thereby indicating acceptance of the terms and conditions of this Agreement. Employee must
not sign prior to Termination Date. If Employee does not accept such terms and conditions by such date, this offer shall expire at that time. After signing, the Agreement must be promptly returned by hand-delivery, mail, or shipped by overnight
delivery to Sheree Lupton, Director, Human Resources, 1821 West Iomega Way, Roy, Utah before any payment shall be made. 
  

					
	 	  	 	  	EMPLOYEE
			
	 Dated:
	  	     10/18/2003
	  	 /S/ Mahmoud Mostafa

	 	  	 	  	Mahmoud Mostafa
			
	 	  	 	  	IOMEGA CORPORATION
			
	 Dated:
	  	     10/17/2003
	  	 /S/ Anna Aguirre

	 	  	 	  	Anna Aguirre
	 	  	 	  	VP Human Resources

  

					
	 Sep Agreement Over 40 Non-WARN
	  	5	  	Revised 1/2003

 RECEIPT OF AGREEMENT 
  
 I, Mahmoud Mostafa hereby acknowledge that I have received a Separation Agreement and General Release from Iomega
Corporation on the date indicated below. 
  
 EMPLOYEE 

 

					
			
	Dated:	 	 10/18/2003

	  	 /s/ Mahmoud Mostafa

	 	 	 	  	 Mahmoud Mostafa

  

					
	 Sep Agreement Over 40 Non-WARN
	  	6	  	Revised 1/2003STOCK PLAN FOR NON-EMPLOYEE DIRECTORS

 EXHIBIT 10.4 
  
 Murphy Oil Corporation 
 Stock Plan for Non-Employee Directors 
  

	I.	Plan Purpose. 

  
 The purpose of the Stock Plan for Non-Employee Directors (the “Plan”) is to advance the interests of Murphy Oil Corporation (the
“Company”) by enhancing the ability of the Company to attract and retain directors who are in a position to make significant contributions to the success of the Company and to reward directors for such contributions. 
  

	II.	Definitions. 

  
 For purposes of the Plan, the following terms shall be defined as set forth below: 
  

	 	(1)	“Board” means the Board of Directors of the Company. 

  

	 	(2)	“Change in Control” shall be deemed to have occurred if (i) any “person”, including a “group” (as such terms are used in Sections 13(d) and 14(d)(2) of
the Exchange Act, but excluding the Company, any of its subsidiaries or any employee benefit plan of the Company) is or becomes the “beneficial owner” (as defined in Rule 13(d)(3) under the Exchange Act), directly or indirectly, of
securities of the Company representing 25 percent or more of the combined voting power of the Company’s then outstanding securities; or (ii) the stockholders of the Company shall approve a definitive agreement (1) for the merger or other
business combination of the Company with or into another corporation a majority of the directors of which were not directors of the Company immediately prior to the merger and in which the stockholders of the Company immediately prior to the
effective date of such merger own less than 50 percent of the voting power in such corporation or (2) for the sale or other disposition of all or substantially all of the assets of the Company. 

  

	 	(3)	“Code” means the Internal Revenue Code of 1986, as amended, together with the published rulings, regulations, and interpretations duly promulgated thereunder.

  

	 	(4)	“Committee” means the Committee referred to in Section III of the Plan which has been designated by the Board to administer the Plan. 

  

	 	(5)	“Common Stock” or “Common Share” means the Common Stock of the Company, with a par value of $1.00 per share. 

  

	 	(6)	“Company” means Murphy Oil Corporation and any successor organization. 

  

	 	(7)	“Disability” means a physical or mental condition that prevents the Participant from performing his duties as a member of the Board for a period expected to exceed six
consecutive months. 

  

	 	(8)	“Exchange Act” means the Securities Exchange Act of 1934, as amended from time to time, and any successor thereto. 

  

 Ex. 10.4-1 

	 	(9)	“Fair Market Value” of a share of Common Stock is the mean of the highest and lowest prices per share on the New York Stock Exchange Consolidated Tape, or such service as
the Board may select, on the appropriate date, or in the absence of reported sales on such day, the most recent previous day for which sales were reported. 

  

	 	(10)	“Non-Employee Director” means a person who, as of any applicable date, is a member of the Board of Directors and is not an employee of the Company or any of its
subsidiaries. 

  

	 	(11)	“Non-Qualified Stock Option” means a Stock Option granted under Section VI below which is not intended to be an incentive stock option within the meaning of Section 422 of
the Code. 

  

	 	(12)	“Option Price” means the price specified in Section VI below. 

  

	 	(13)	“Participant” means the recipient of a Stock Option or Restricted Stock Award granted under the Plan. 

  

	 	(14)	“Person” means an individual, corporation, partnership, association, trust, or any other entity or organization. 

  

	 	(15)	“Restricted Period” means the period designated by the Committee during which Restricted Stock may not be sold, assigned, transferred, pledged, or otherwise encumbered and
during which such stock is subject to forfeiture. 

  

	 	(16)	“Restricted Stock” means those shares of Common Stock issued pursuant to a Restricted Stock Award, which are subject to the restrictions, terms, and conditions specified
by the Committee pursuant to Section VII. 

  

	 	(17)	“Restricted Stock Award” means an award of restricted stock pursuant to Section VII. 

  

	 	(18)	“Retirement” means retirement from the Board of Directors in accordance with the retirement policy then applicable to Board members, as determined from time to time.

  

	 	(19)	“Stock Option” or “Option” means any Non-Qualified Stock Option to purchase shares of Common Stock granted pursuant to Section VI below.

  

	 	(20)	“Subsidiary” means (i) any corporation in an unbroken chain of corporations beginning with the Company, if each of the corporations other than the last corporation in the
unbroken chain owns stock possessing a majority of the total combined voting power of all classes of stock in one of the other corporations in the chain, (ii) any limited partnership, if the Company or any corporation described in item (i) above
owns a majority of the general partnership interest and a majority of the limited partnership interests entitled to vote on the removal and replacement of the general partner, and (iii) any partnership or limited liability company, if the partners
or members thereof are composed only of the Company, any corporation listed in item (i) above or any limited partnership listed in item (ii) above. “Subsidiaries” means more than one of any such corporations, limited partnerships,
partnerships or limited liability companies. 

  

 Ex. 10.4-2 

	III.	Administration. 

  
 The Plan shall be administered by a Committee of the Board of Directors, designated by the Board and to be comprised of not less than two members of the
Board. Each director, while serving as a member of the Committee, shall be considered to be acting in his capacity as a director of the Company. Members of the Committee shall be appointed from time to time for such terms as the Board shall
determine, and may be removed by the Board at any time with or without cause. Subject to the provisions of the Plan, the Committee shall have sole and complete authority to construe and interpret the Plan, to establish, amend, and rescind
appropriate rules and regulations relating to the Plan, to determine the Persons to whom and the time or times at which to grant Stock Options and Restricted Stock Awards thereunder, to administer the Plan, and to take all such steps and make all
such determinations in connection with the Plan and the Stock Options and Restricted Stock Awards granted thereunder as it may deem necessary or advisable to carry out the provisions and intent of the Plan. All determinations of the Committee shall
be by a majority of its members, and its determinations shall be final and conclusive for all purposes and upon all Persons, including but without limitation, the Company, the Committee, the Board of Directors of the Company, the Participants, and
their respective successors in interest. 
  

	IV.	Shares Subject to the Plan. 

  
 Subject to any adjustment as provided in Section XI, an aggregate of 400,000 shares of Common Stock shall be available for issuance of grants under the
Plan however, no more than fifty percent (50%) of the shares available under the Plan shall be issued in respect to Restricted Stock. The shares of Common Stock deliverable upon the exercise of Stock Options or the award of Restricted Stock may be
made available from authorized but unissued Common Shares or Common Shares reacquired by the Company, including Common Shares purchased in the open market. If any grants under the Plan shall expire or terminate for any reason without having been
exercised in full, the Common Shares subject to, but not delivered under, such grants may again become available for the grant of other Stock Options or Restricted Stock under the Plan. No Common Shares deliverable to the Company in full or partial
payment of the purchase price payable pursuant to Section VI of the Plan shall become available for the grant of other Stock Options or Restricted Stock under the Plan. 
  

	V.	Eligibility. 

  
 Only Non-employee Directors are eligible to be granted Stock Options or Restricted Stock under the Plan. 
  

	VI.	Stock Options. 

  
 Each Stock Option granted under this Plan shall be evidenced by a written agreement which shall comply with and be subject to the following terms and
conditions. 
  

	 	(1)	Grant. Subject to the provisions of the Plan, the Committee shall have sole and complete authority to determine the persons to whom Stock Options may be granted, the number
of shares to be covered by each Stock Option, and the conditions and limitations, if any, in addition to those set forth in this Section VI, applicable to such Stock Options. Each such grant shall be confirmed by an 

  

 Ex. 10.4-3 

 agreement executed by the Company and the Participant, which agreement shall contain such provisions as
the Committee determines to be necessary or appropriate to carry out the intent of the Plan with respect to such grant. Unless otherwise determined by the Committee, each grant agreement shall provide that the Stock Option is not transferable by the
Participant otherwise than by will or by the laws of descent and distribution, and is exercisable, during the Participant’s lifetime, only by such Participant. 
  

	 	(2)	Grant Price. The Committee shall establish the grant price at the time each Stock Option is granted, which price shall not be less than 100 percent of the Fair Market Value
of the Common Stock on the date of grant. 

  

	 	(3)	Exercisability and Term. Each Stock Option granted under the Plan will become exercisable and mature in three equal annual installments commencing on the first anniversary of
the date of grant and annually thereafter. Each Stock Option granted under the Plan shall expire ten years from the date of grant, except as otherwise set forth in Section VIII of the Plan. 

  

	 	(4)	Payment Upon Exercise. Stock Options may be exercised only upon payment to the Company in full of the grant price of the Common Shares to be delivered. Such payment shall be
made in cash or in Common Stock, or in a combination of cash and Common Stock, or such other considerations as shall be approved by the Committee. The sum of the cash and the Fair Market Value of such Common Stock or other consideration shall be at
least equal to the aggregate grant price of the Common Shares to be delivered. 

  

	VII.	Restricted Stock Awards. 

  

	 	(1)	Grant. Subject to the provisions of the Plan, the Committee shall have sole and complete authority to determine the persons to whom Restricted Stock may be granted, the
number of shares to be covered by each such grant of Restricted Stock, and the conditions and limitations, if any, in addition to those set forth in this Section VII, applicable to such Restricted Stock. Each such grant shall be confirmed by an
agreement executed by the Company and the Participant, which agreement shall contain such provisions as the Committee determines to be necessary or appropriate to carry out the intent of the Plan with respect to such grant. Unless otherwise
determined by the Committee, each grant agreement shall provide that the Restricted Stock is not transferable by the Participant otherwise than by will or by the laws of descent and distribution during the Restricted Period.

  

	 	(2)	Restricted Period. Unless otherwise determined by the Committee, Restricted Stock will have its restrictions lifted three (3) years from the date of grant.

  

	 	(3)	Voting Rights. Unless otherwise determined by the Committee at the time of grant, Participants holding shares of Restricted Stock granted here under may exercise full voting
rights with respect to those shares during the Restricted Period. 

  

 Ex. 10.4-4 

	 	(4)	Dividends. Unless otherwise determined by the Committee at the time of grant, Participants holding shares of Restricted Stock shall be eligible to receive all dividends and
other distributions paid with respect to those shares during the Restricted Period, provided that if any such dividends or distributions are paid in shares of Common Stock or other securities, such shares or securities shall be subject to the same
restrictions on transferability as apply to the Restricted Stock with respect to which they were paid. 

  

	VIII.	Change in Control. 

  
 Upon the occurrence of a Change in Control (as defined herein), all outstanding Stock Options and Restricted Stock Awards granted to Participants shall
become immediately vested, exercisable and nonforfeitable, and shall remain vested, exercisable and nonforfeitable during their remaining terms. 
  

	IX.	Stock Options in the Event of Termination. 

  
 Unless otherwise determined by the Committee, the following shall apply to Stock Option grants under Section VI of the Plan. 
  

	 	(1)	Termination of Board Membership Because of Retirement or Disability. If a Participant’s membership on the Board of Directors terminates because of Retirement or
Disability, any Stock Option held by the Participant may be exercised, in whole or in part, to the extent not previously exercised, only during the period (i) beginning on the later of (A) one year after the date of grant of such Stock Option or (B)
the date of termination of Board membership due to Retirement or Disability; and (ii) ending on and including the earlier of (A) the last day of the original exercise period remaining under the applicable award agreement or (B) the third anniversary
of the date of termination of Board membership due to Retirement or Disability. 

  

	 	(2)	Termination of Board Membership Because of Death. If a Participant’s membership on the Board of Directors terminates because of death, any Stock Option held by the
Participant may be exercised, in whole or in part, to the extent not previously exercised, only during the period (i) beginning on the date of death; and (ii) ending on and including the earlier of (A) the last day of the original exercise period
remaining under the applicable award agreement or (B) the third anniversary of the date of death. 

  

	 	(3)	Death After Termination of Board Membership Because of Retirement or Disability. If a Participant dies after the Participant’s membership on the Board of Directors has
terminated because of Retirement or Disability, any Stock Option held by the Participant may be exercised, in whole or in part, to the extent not previously exercised, only during the period (i) beginning on the date of death; and (ii) ending on and
including the earlier of (A) the last day of the original exercise period remaining under the applicable award agreement or (B) the third anniversary of the date of termination of Board membership due to Retirement or Disability.

  

 Ex. 10.4-5 

	 	(4)	Termination of Board Membership for Reasons other than Retirement, Disability, Death or a Change in Control. If a Participant’s membership on the Board of Directors
terminates for any reason other than Retirement, Disability, Death or a Change in Control, the Stock Options held by such Participant, to the extent not previously exercised, shall be forfeited at the time of such termination of Board membership.

  

	X.	Restricted Stock in the Event of Termination. 

  

	 	(1)	Termination of Board Membership because of Retirement, Disability or Death. If a Participant’s membership on the Board of Directors terminates because of Retirement,
Disability or death, the restrictions shall be lifted on all Restricted Stock held by the Participant. 

  

	 	(2)	Termination of Board Membership for Reasons other than Retirement, Disability, Death or a Change in Control. If a Participant’s membership on the Board of Directors
terminates for any reason other than Retirement, Disability, Death or a Change in Control, the Restricted Stock held by such Participant, to the extent not previously realized, shall be forfeited at the time of such termination of Board membership.

  

	XI.	Adjustments Upon Changes in Common Stock. 

  
 If there shall be any change in the Common Stock subject to the Plan or to any Stock Option or Restricted Stock granted thereunder through merger,
consolidation, reorganization, recapitalization, stock dividend, stock split, exchange of stock, or other change in the corporate structure, appropriate adjustments shall be made in the aggregate number and kind of shares or other securities or
property subject to the Plan, and the number and kind of shares or other securities or property subject to outstanding and to subsequent Stock Option or Restricted Stock grants and in the purchase price of outstanding Stock Options to reflect such
changes. 
  

	XII.	Plan Amendments and Termination. 

  
 The Board may amend, alter, or discontinue the Plan at any time, but no amendment, alteration, or discontinuation shall be made which would impair the
rights of a Participant under a Stock Option or Restricted Stock theretofore granted, without the Participant’s consent, or which would cause the Plan not to continue to comply with Rule 16b-3 under the Exchange Act, or any successor to such
Rule. Subject to the above provisions, the Board shall have broad authority to amend the Plan to take into account changes in applicable securities and tax laws and accounting rules, as well as other developments. 
  

	XIII.	Limitations. 

  
 Unless otherwise stated herein, the following limitations shall be applicable to Participants and their rights as stockholders. 
  

	 	(1)	No Right to Continue as a Director. Neither the Plan, nor the granting of Stock Options or Restricted Stock nor any other action taken pursuant to the Plan, shall constitute
or be evidence of any agreement or understanding, express or implied, that the Participant has a right to continue as a director for any period of time, or at any particular rate of compensation. 

  

 Ex. 10.4-6 

	 	(2)	No Shareholders’ Rights for Stock Options. A Participant granted a Stock Option hereunder shall have no rights as a shareholder with respect to the Common Shares covered
by Stock Options granted hereunder until the date of the issuance of a stock certificate therefor, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such certificate is issued.

  

	XIV.	Notice. 

  
 Any written notice to the Company required by any of the provisions of this Plan shall be addressed to the Secretary of the Company and shall become
effective when it is received. 
  

	XV.	General Provisions. 

  
 The following general provisions are applicable to the Plan. 
  

	 	(1)	The Committee may require each Person purchasing Common Shares pursuant to a Stock Option or realizing Common Stock pursuant a grant of Restricted Stock to represent to and agree
with the Company in writing that such Person is acquiring the Common Shares without a view to distribution thereof. The certificates for such Common Shares may include any legend which the Committee deems appropriate to reflect any restrictions on
transfer. All certificates for shares of Common Stock or other securities delivered under the Plan shall be subject to such stock-transfer orders and other restrictions as the Committee may deem advisable under the rules, regulations, and other
requirements of the Securities and Exchange Commission, the New York Stock Exchange, and any applicable federal or state securities law, and the Committee may cause a legend or legends to be put on any such certificates to make appropriate
references to such restrictions. 

  

	 	(2)	Nothing contained in this Plan shall prevent the Board from adopting other or additional compensation arrangements, subject to shareholder approval if such approval is required; and
such arrangements may be either generally applicable or applicable only in specific cases. 

  

	 	(3)	No later than the date as of which an amount first becomes includible in the gross income of the Participant for federal income tax purposes with respect to a Stock Option or
Restricted Stock award under the Plan, the Participant shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, any federal, state, local, or foreign taxes of any kind required by law to be withheld with
respect to such amount. Subject to the consent of the Committee and to such limitations as the Committee may impose, withholding obligations may be settled with Common Stock, including Common Stock that is part of the grant that gives rise to the
withholding requirement. The obligations of the Company under the Plan shall be conditioned on such payment or arrangements and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind
otherwise due to the Participant. 

  

 Ex. 10.4-7 

	 	(4)	Agreements with respect to awards pursuant to the Plan may contain, in addition to terms and conditions prescribed in the Plan, such other terms and conditions as the Committee may
deem appropriate provided such terms and conditions are not inconsistent with the provisions of the Plan. 

  

	 	(5)	It is the Company’s intent that the Plan comply in all respects with Rule 16b-3 under the Exchange Act, and any successor rule thereto. 

  

	 	(6)	In the event any provision of the Plan shall be held illegal or invalid for any reason, the illegality or invalidity shall not affect the remaining parts of the Plan, and the Plan
shall be construed and enforced as if the illegal or invalid provision had not been included. 

  

	 	(7)	The Plan and all awards made and actions taken thereunder shall be governed by the laws of the State of Arkansas, without regard to the conflict of law provisions of any state, and
shall be construed accordingly. 

  

	XVI.	Effective Date and Termination of Plan. 

  
 The Plan shall become effective immediately following approval by the stockholders of the Company at the 2003 Annual Meeting of Stockholders. The Plan
shall terminate on the fifth anniversary of the date of the Plan’s approval by stockholders. 
  

 Ex. 10.4-8

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