Document:

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                                                                   Exhibit 10.16

                     AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT

         TMP Interactive Inc. (the "Company"), TMP Worldwide Inc. ("TMP") and
Jeffrey C. Taylor ("Taylor') are parties to a Second Amended and Restated
Employment Agreement, dated as of November 2, 1999 (the "Employment Agreement"),
and by virtue of this Amendment No. 1 to Second Amended and Restated Employment
Agreement (the "Amendment Agreement"), are modifying certain terms of the
employment agreement, which amendments are effective as of October 31, 2001.

         The parties hereby agree as follows:

         1. The references in Sections 1.1, 1.2 and 1.5 and all other Sections
of the Employment Agreement to "Chief Executive Officer" are hereby amended to
read "Global Director Interactive".

         2. Section 1.5 of the Employment Agreement is amended by deleting the
words "with responsibility for all of the Company's operations in accordance
with this Agreement or Employee no longer is responsible for overseeing and
directing the development, marketing, strategy, management, sales and
implementation of substantially all of the interactive or Internet-based
operations of TMP" and substituting therefore "with responsibility for
interactive and internet product development of the Company and TMP".

         3. Section 9.7(b) of the Employment Agreement is hereby revised to read
in its entirety as follows:

            (b) If to the Company or TMP:

                TMP Worldwide Inc.
                622 Third Avenue, 39th Floor
                New York, NY 10017
                Attention: Andrew J. McKelvey
                           Myron F. Olesnyckyj

         4. The Employment Agreement, as amended by this Amendment Agreement, is
hereby ratified and confirmed and remains in full force and effect.

         The parties hereto have executed this Amendment Agreement as of October
31, 2001.

                                      TMP INTERACTIVE INC.

                                      /s/ Andrew J. McKelvey
                                      -------------------------------------
                                      By: Andrew J. McKelvey

                                      TMP WORLDWIDE INC.

                                      /s/ Andrew J. McKelvey
                                      -------------------------------------
                                      By: Andrew J. McKelvey

                                      /s/ Jeffrey C. Taylor
                                      -------------------------------------
                                           Jeffrey C. Taylor<Page>

                                                                   Exhibit 10.19

                     AMENDMENT NO. 3 TO EMPLOYMENT AGREEMENT

         TMP Worldwide Inc. ("TMPW") and James J. Treacy ("Treacy") are parties
to an Employment Agreement, dated November 18, 1996, which employment agreement
was previously amended pursuant to Amendment No. 1 to Employment Agreement,
effective as of September 14, 1998 and Amendment No. 2 to Employment Agreement,
effective as of October 1, 1999 (the employment agreement, as heretofore
amended, is referred to herein as the "Employment Agreement"), and by virtue of
this Amendment No. 3 to Employment Agreement (the "Amendment Agreement"), are
modifying certain terms of the Employment Agreement, which amendments are
effective as of November 1, 2001.

         The parties hereby agree as follows:

1. The first sentence of Section 1 of the Agreement is hereby amended to read in
its entirety as follows:

         "TMPW shall employ Treacy and Treacy agrees to serve as President and
Chief Operating Officer."

2. The first sentence of Section 3 of the Agreement is hereby amended to read in
its entirety as follows:

         "TMPW shall pay Treacy, as compensation for services performed, an
annual salary at the rate of $675,000 and, in addition, commencing in calendar
year 2001, Treacy shall be entitled to a bonus of a dollar amount equal to a
percentage of Treacy's annual salary as follows:

<Table>
<Caption>
                 Calendar Year                      Bonus
                 -------------                      -----
<S>                                                <C>
                      2001                         40.00%
                      2002                         45.00%
                      2003                         50.00%
</Table>

         The bonus will be payable if and only if Treacy and/or the Company
attain such goals during the calendar year in question as determined by mutual
agreement of Treacy and the Chief Executive Officer. Any such bonus shall be
payable in a single lump sum not more than ninety (90) days after the end of the
calendar year with respect to which the bonus is awarded. With respect to
calendar year 2001 and calendar years thereafter during the term of employment
hereunder, the Chief Executive Officer and Treacy shall endeavor to discuss and
determine in good faith the goals on the basis of which the bonus would be
payable prior to the commencement of the year to which they relate (or as soon
as practicable after the commencement of such year). The bonus, if any, shall be
prorated for period of less than a full calendar year. It is understood that the
bonus provided for calendar year 2001 is in lieu of any bonus for calendar year
2001 provided by the Employment Agreement as in effect prior to the
effectiveness of Amendment No. 3 to Employment Agreement."

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3. The Employment Agreement, as amended by this Amendment Agreement, is hereby
ratified and confirmed and remains in full force and effect.

         The parties hereto have executed this Amendment Agreement as of
November 1, 2001.

                                    TMP WORLDWIDE INC.

                                    By: /s/ Andrew J. McKelvey
                                        --------------------------------------
                                        By: Andrew J. McKelvey
                                        Title: Chairman and CEO

                                        /s/ James J. Treacy
                                        --------------------------------------
                                        James J. Treacy<Page>

                                                                    Exhibit 10.6

                              MOTIENT CORPORATION
                                STOCK AWARD PLAN
              As Amended and Restated To Be Effective May 23, 2000

1.       Definitions

         In this Plan, except where the context otherwise indicates, the
following definitions apply:

         A.       "Agreement" means a written agreement implementing a grant of
                  an Option or a Stock-Based Award.

         B.       "Board" means the Board of Directors of the Corporation.

         C.       "Code" means the Internal Revenue Code of 1986, as amended.

         D.       "Committee" means a committee of, and designated from time to
                  time by resolution of, the Board, which shall consist of no
                  fewer than two members of the Board, none of whom shall be an
                  officer or other salaried employee of the Company or any
                  affiliate of the Company.

         E.       "Common Stock" means the common stock, par value $.01 per
                  share, of the Corporation.

         F.       "Consultant" means an individual or entity who is in a
                  consulting relationship with the Corporation or any Subsidiary
                  of the Corporation.

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         G.       "Corporation" means MOTIENT CORPORATION.

         H.       "Date of Exercise" means the date on which the Corporation
                  receives notice of the exercise of an Option in accordance
                  with the terms of Article 7.

         I.       "Date of Grant" means the date as of which an Option is
                  granted or a Stock-Based Award is authorized by the action
                  of the Committee, or such later date as may be specified in
                  the authorization.

         J.       "Employee" means any person determined by the Committee to be
                  an employee of the Corporation or of a Subsidiary.

         K.       "Exchange Act" means the Securities Exchange Act of 1934, as
                  amended, and the rules and regulations thereunder.

         L.       "Fair Market Value" of a Share means the amount equal to the
                  average of the high and low prices of a Share on the
                  applicable date as reported by the consolidated tape of the
                  National Association of Securities Dealers Automated Quotation
                  (or on such other recognized quotation system on which the
                  trading prices of the Common Stock are quoted on the
                  applicable date), or, if no Share transactions are reported on
                  such tape (or such other system) on the applicable date, the
                  high and low prices of a Share on the immediately preceding
                  date on which Share transactions were so reported, or as
                  determined pursuant to a reasonable method adopted by the
                  Committee in good faith for such purpose.

         M.       "Grantee" means a Participant to whom a Stock-Based

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                  Award has been granted.

         N.       "Insider" means an Optionee or Grantee who is subject to the
                  reporting requirements under Section 16(a) of the Exchange
                  Act.

         O.       "Non-Employee Director" means a member of the Board who is not
                  an employee of the Corporation.

         P.       "Option" means an option to purchase Shares granted under the
                  Plan in accordance with the terms of Article 6.

         Q.       "Option Period" means the period during which an Option may be
                  exercised.

         R.       "Option Price" means the price per Share at which an Option
                  may be exercised. The Option Price shall not be less than the
                  greater of the Fair Market Value per Share determined as of
                  the Date of Grant or the par value of the Common Stock.

         S.       "Optionee" means a Participant to whom an Option has been
                  granted.

         T.       "Participant" means any Employee, Consultant, or Non-Employee
                  Director participating under the Plan.

         U.       "Plan" means this MOTIENT CORPORATIONStock Award Plan, as the
                  same shall be amended, revised, or terminated from time to
                  time.

         V..      "Reload Option" means a new Option granted to an Optionee upon
                  the surrender of Shares to pay the Option Price of a
                  previously granted Option. The Option Price for any

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                  Reload Option shall not be less than the greater of the Fair
                  Market Value of a Share on the date that Shares are
                  surrendered in payment of the Option Price in accordance with
                  Section 3.A(d) or the par value of the Common Stock. Other
                  terms of the Reload Option shall be the same as the terms
                  contained in the Optionee's Agreement relating to the Option
                  being exercised.

         W.       "Share" means a share of Common Stock.

         X.       "Stock-Based Award" means any award, other than the grant of
                  an Option, to a Participant of any stock-based instrument in
                  accordance with Article 9 of the Plan, including, but not
                  limited to, the award of restricted stock, unrestricted stock,
                  stock appreciation rights, and phantom shares.

         Y.       "Subsidiary" means a corporation at least 50% of the total
                  combined voting power of all classes of stock of which is
                  owned by the Corporation either directly or through one or
                  more Subsidiaries.

         Z.       "Withholding Tax Liabilities" means the Corporation's federal,
                  state and any local income tax and payroll withholding tax
                  obligations arising in connection with the exercise of an
                  Option or the grant of a Stock-Based Award (or issuance of
                  underlying Shares) under the Plan. Withholding Tax Liabilities
                  does not include the Corporation's share of any payroll taxes.

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2.       Purpose

The Plan is intended to promote the success and enhance the value of the
Corporation by linking the personal interests of Participants to those of the
Corporation's shareholders by providing the Participants with an incentive for
outstanding performance. The Plan is further intended to assist the Corporation
in its ability to motivate, and retain the services of, Participants upon whose
judgment, interest and special effort the successful conduct of its operations
is largely dependent.

3.       Administration

         The Plan shall be administered by the Committee, but may also be
administered by the Board. In addition to any other powers granted to the
Committee, it shall have the following powers, subject to the express provisions
of the Plan:

         A.       subject to the provisions of this Plan, to determine in its
                  discretion the Participants to whom Options shall be granted
                  and to whom Stock-Based Awards shall be made, the number of
                  Shares to be subject to each Option or Stock-Based Award, and
                  the terms upon which Options may be acquired and exercised and
                  the terms and conditions of Stock-Based Awards;

         B.       to determine all other terms and provisions of each Agreement,
                  which need not be identical;

         C.       without limiting the generality of the foregoing, to provide
                  in its discretion in an Agreement:

                    a. for an  agreement  by the  Optionee  or Grantee

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                    to render services to the Corporation upon such terms and
                    conditions as may be specified in the Agreement, provided
                    that the Committee shall not have the power to commit the
                    Corporation to employ or otherwise retain any Optionee or
                    Grantee;

                    b. for restrictions on the transfer, sale or other
                    disposition of Shares issued to the Optionee upon the
                    exercise of an Option or for other restrictions permitted by
                    Article 9 with respect to Stock-Based Awards;

                    c. for an agreement by the Optionee or Grantee to resell to
                    the Corporation, under specified conditions, Shares issued
                    upon the exercise of an Option or awarded pursuant to a
                    Stock-Based Award;

                    d. for the right of the Optionee to surrender to the
                    Corporation an Option (or a portion thereof) that has become
                    exercisable and receive upon such surrender, without any
                    payment to the Corporation or a Subsidiary (other than
                    amounts necessary to satisfy Withholding Tax Liabilities
                    with respect to the Option) that number of Shares (equal to
                    the highest whole number of Shares) having an aggregate Fair
                    Market Value as of the date of surrender equal to that
                    number of Shares subject to the Option (or portion thereof)
                    being surrendered multiplied by an amount equal to the
                    excess of (i) the Fair Market Value of a Share on the date

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                    of surrender over (ii) the Option Price, plus an amount of
                    cash equal to the Fair Market Value of any fractional Share
                    to which the Optionee might be entitled; any such surrender
                    shall be treated as the exercise of the Option (or portion
                    thereof); and

                    e. for the automatic issuance of a Reload Option covering a
                    number of Shares equal to the number of any Shares used to
                    pay the Option Price;

         D.       to construe and interpret the Agreements and the Plan;

         E.       to require, whether or not provided for in the pertinent
                  Agreement, of any person exercising an Option or acquiring
                  Shares pursuant to a Stock-Based Award, at the time of such
                  exercise or acquisition, the making of any representations or
                  agreements which the Committee may deem necessary or advisable
                  in order to comply with the securities laws or the United
                  States or of any state; and

         F.       to make all other determinations and take all other actions
                  necessary or advisable for the administration of the Plan.

         Any determinations or actions made or taken by the Committee pursuant
to this Article shall, subject to the express provisions of this Plan, be
binding and final.

4.       Eligibility

         Options and Stock-Based Awards may be granted only to (i) Employees,

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(ii) Consultants, and (iii) Non-Employee Directors. Subject to the limitations
of Section 5.A, a Participant who has been granted an Option or Stock-Based
Award may be granted additional Options or Stock-Based Awards.

5.       Stock Subject to the Plan

         A.       Subject to adjustment as provided in Article 11, an aggregate
                  of 7,300,000 authorized and unissued Shares, reissued treasury
                  Shares, or Shares otherwise acquired by the Corporation, may
                  be issued under the Plan upon the exercise of Options or
                  pursuant to Stock-Based Awards, provided, however, that no
                  Employee may be granted Options and Stock-Based Awards
                  covering more than 50% of the number of Shares issuable under
                  the Plan.

         B.       If an Option expires or terminates for any reason without
                  having been fully exercised, or if Stock-Based Awards (or
                  Shares underlying such awards) are forfeited, the unpurchased
                  Shares which had been subject to the Option at the time of its
                  expiration or termination, or the forfeited Stock-Based Awards
                  (or Shares underlying such awards), shall become available for
                  the grant of other Options or for the award of additional
                  Stock-Based Awards, provided, that in the case of forfeited
                  Shares and to the extent necessary to satisfy the provisions
                  of Rule 16b-3 under the Exchange Act, the Grantee has received
                  no dividends prior to forfeiture with respect to such Shares.

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6.       Options

         A.       Subject to the provisions of this Plan, the Committee is
                  hereby authorized to grant Options to Participants.

         B.       All Agreements granting Options shall contain a statement that
                  the Option is intended to be a nonstatutory stock option and
                  not an incentive stock option as defined in section 422 of the
                  Code.

         C.       The Option Period shall be determined by the Committee and
                  specifically set forth in the Agreement, provided, however,
                  that an Option shall not be exercisable before six months from
                  the Date of Grant (except that this limitation need not apply
                  in the event of the death of the Optionee within the six-month
                  period) and no Option shall be exercisable after ten years
                  after the Date of Grant.

         D.       By  accepting  the grant of an Option under the Plan, each
                  Optionee agrees, for the Optionee and his or her successors,
                  that the Option may not be exercised at any time that the
                  Corporation does not have in effect a registration statement
                  under the Securities Act of 1933, as amended, relating to the
                  offer of Common Stock to the Optionee under the Plan, unless
                  the Corporation agrees to permit such exercise, and that, upon
                  the issuance of any Shares upon the exercise of the Option,
                  the Optionee will, upon the request of the Corporation, agree
                  in writing that he or she is

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                  acquiring such Shares for investment only and not with a view
                  to resale, and that he or she will not sell, pledge or
                  otherwise dispose of such Shares so issued unless and until
                  (i) the Corporation is furnished with an opinion of counsel to
                  the effect that registration of such Shares pursuant to the
                  Securities Act of 1933, as amended, is not required by that
                  Act and the rules and regulations thereunder; (ii) the staff
                  of the Securities and Exchange Commission has issued a
                  "no-action" letter with respect to such disposition; or (iii)
                  such registration or notification as is, in the opinion of
                  counsel for the Corporation, required for the lawful
                  disposition of such Shares has been filed by the Corporation
                  and has become effective; provided, however, that the
                  Corporation shall not be obligated to file any such
                  registration or notification. The Option shall further agree
                  that the Company may place a legend embodying such restriction
                  on the certificates evidencing such shares.

         E.       All other terms of Options granted under the Plan shall be
                  determined by the Committee in its sole discretion, as
                  exercised consistently with the terms of the Plan, and
                  specifically set forth in the Optionee's agreement. Any terms
                  of Options determined by the Committee that vary from the
                  express terms set forth in the Plan also shall be specifically
                  set forth in the Optionee's Agreement.

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7.       Exercise

         A.       An Option may, subject to the provisions of the Agreement
                  under which it was granted, be exercised in whole or in part
                  by the delivery to the Corporation of written notice of the
                  exercise, in such form as the Committee may prescribe,
                  accompanied by full payment of the Option Price for the Shares
                  with respect to which the Option is exercised in accordance
                  with Section 7.B, and by satisfaction by the Optionee of
                  Withholding Tax Liabilities in accordance with Article 10.

         B.       The Option Price may be paid in the form of (i) cash, which
                  may include an assignment of the right to receive cash
                  proceeds of the sale of Common Stock subject to the Option
                  pursuant to a "cashless exercise" of the Option through a
                  transaction with a broker, (ii) duly endorsed certificates
                  representing Shares (other than Shares that are subject to a
                  substantial risk of forfeiture) having a Fair Market Value on
                  the Date of Exercise aggregating not more than the portion of
                  the Option Price being paid by delivery of such Shares (which
                  Shares, if acquired from the Corporation, shall have been held
                  for at least six months), or (iii) a combination of cash and
                  Shares as provided in Sections 7.B(i) and (ii).

         C.       To the extent required to comply with Treasury Regulation
                  ss.1.401(k)-1(d)(2)(iv)(B)(4), or any amendment or

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                  successor thereto, an Optionee's "elective and employee
                  contributions" (within the meaning of such Treasury
                  Regulation) under the Plan shall be suspended for a period of
                  twelve months following such Optionee's receipt of a hardship
                  distribution made in reliance on such Treasury Regulation from
                  any plan containing a cash or deferred arrangement under
                  Section 401(k) of the Code maintained by the Corporation or a
                  related party within the provisions of subsections (b), (c),
                  (m) or (o) of Section 414 of the Code.

8.       Nontransferability

         A. Except to the extent provided in Section 8.B below, Options granted
         under the Plan shall not be transferable otherwise than (a) by will or
         the laws of descent and distribution, or (b) pursuant to a qualified
         domestic relations order as defined in Section 414(p) of the Code or
         Title I of the Employee Retirement Income Security Act or the rules
         thereunder, and an Option may be exercised, during the Optionee's
         lifetime, only by the Optionee or, in the case of the Optionee's legal
         disability, by the Optionee's legal representative.

         B. If authorized in the applicable Agreement, an Optionee may transfer,
         not for value, all or part of an Option to any Family Member (as
         defined in this Section 8.B). For the purpose of this Section 8.B, a
         "not for value" transfer is a transfer which is (i) a gift, (ii) a
         transfer under a domestic relations order in settlement of marital

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         property rights; or (iii) a transfer to an entity in which more than
         fifty percent of the voting interests are owned by Family Members (or
         the Optionee) in exchange for an interest in that entity. Following a
         transfer under this Section 8.B), any such Option shall continue to be
         subject to the same terms and conditions as were applicable immediately
         prior to transfer. Subsequent transfers of transferred Options are
         prohibited except to Family Members of the original Optionee in
         accordance with this Section 8.B or by will or the laws of descent and
         distribution. The events of termination of employment or other
         relationship shall continue to be applied with respect to the original
         Optionee, following which the Option shall be exercisable by the
         transferee only to the extent, and for the periods specified with
         respect to the original Optionee. For purposes of Section 8.B, "Family
         Member" means a person who is a spouse, child, stepchild, grandchild,
         parent, stepparent, grandparent, sibling, niece, nephew, mother-in-law,
         father-in-law, son-in-law, daughter-in-law, brother-in-law, or
         sister-in-law, including adoptive relationships, of the Optionee, any
         person sharing the Optionee's household (other than a tenant or
         employee), a trust in which these persons have more than fifty percent
         of the beneficial interest, a foundation in which these persons (or the
         Optionee) control the management of assets, and any other entity in
         which these persons (or the Optionee) own more than fifty percent of
         the voting interests.

9.       Stock-Based Awards

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         A.       Subject to the provisions of this Plan, the Committee is
                  hereby authorized to make Stock-Based Awards to
                  Participants.

         B.       Shares underlying Stock-Based Awards shall be issued at such
                  times, subject to achievement of such performance or other
                  goals and on such other terms and conditions as the Committee
                  shall deem appropriate.

10.      Satisfaction of Withholding Tax Liabilities

         Each Optionee or Grantee must provide the Corporation with the means to
satisfy the Corporation's Withholding Tax Liabilities, with respect to any
income recognized by the Optionee or Grantee as a result of the exercise of an
Option or award of a Stock-Based Award (or the underlying Shares). Unless
otherwise determined by the Committee and specifically set forth in the
Optionee's or Grantee's Agreement, an Option or Grantee may satisfy Withholding
Tax Liabilities by (i) delivering cash to the Corporation, (ii) electing to have
the Corporation retain Shares otherwise issuable on the exercise of the Option
or pursuant to the award of a Stock-Based Award (other than Shares that are
subject to a substantial risk of forfeiture), (iii) delivering shares (other
than Shares that are subject to a substantial risk of forfeiture) to the
Corporation, or (iv) electing to satisfy Withholding Tax Liabilities through a
combination of clauses (i), (ii) or (iii) of this Article 10. Satisfaction of
Withholding Tax Liabilities also shall be accomplished under such additional
reasonable terms and conditions as the Committee deems appropriate.

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Unless otherwise determined by the Committee and specifically set forth in the
Optionee's or Grantee's Agreement, in the case of an Insider who elects to
satisfy Withholding Tax Liabilities by having the Corporation retain Shares
otherwise issuable on the exercise of an Option or pursuant to a Stock-Based
Award, the Insider shall have the right to so satisfy Withholding Tax
Liabilities through (a) an irrevocable election made at least six months in
advance of the date on which the Withholding Tax Liabilities arise, and (b) if
the Withholding Tax Liabilities arise during the ten business day period
beginning on the third business day following the public release of the
Corporation's quarterly or annual earnings ("Window Period"), an irrevocable
election made during such Window Period.

11.      Capital Adjustments

         The number and class of Shares subject to each outstanding Option or
Stock-Based Award, the Option Price and the aggregate number and class of Shares
for which grants or awards thereafter may be made shall be equitably adjusted by
the Committee to reflect such events as stock dividends, stock splits,
extraordinary cash dividends, adoption of stock rights plans, split-ups,
split-offs, spin-offs, liquidations, combinations or exchange of shares,
recapitalizations, mergers, consolidations, reorganizations or any similar
transaction of or by the Corporation.

12.      Termination or Amendment

         The Board shall have the power to terminate the Plan and to amend it in
any respect, provided that, after the Plan has been approved by the shareholders
of the Company, the Board may not, without the approval of the shareholders

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of the Company if such approval is then required by applicable law, amend the
Plan so as to increase materially the number of Shares that may be issued under
the Plan (except as provided in Article 11), to modify materially the
requirements as to eligibility for participation in the Plan, or to increase
materially the benefits accruing to participants under the Plan. No termination
or amendment of the Plan shall, without his or her consent, adversely affect the
rights or obligations of any Optionee or Grantee.

13.      Modification, Extension and Renewal of Options

         Subject to the terms and conditions and within the limitations of the
Plan, the Committee may modify, extend or renew outstanding Options, or accept
the surrender of outstanding Options (to the extent not theretofore exercised)
granted under the Plan or under any other plan of the Corporation, or a company
or similar entity acquired by the Corporation or a Subsidiary, and authorize the
granting of new Options (to the extent not theretofore exercised), pursuant to
the Plan in substitution therefor and the substituted Options may specify a
lower exercise price than the surrendered Options, a longer term than the
surrendered Options or have any other provisions that are authorized by the
Plan. Subject to the terms and conditions and within the limitations of the
Plan, the Committee may modify the terms of any outstanding Agreement providing
for a Stock-Based Award. Notwithstanding the foregoing, however, no modification
of an Option granted under the Plan, or a Stock-Based Award, shall, without the
consent of the Optionee or Grantee, alter or impair any of the Optionee's or
Grantee's right or obligations.

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14.      Effectiveness of the Plan

         The Plan and any amendments requiring shareholder approval pursuant to
Article 12 are subject to approval by vote of the shareholders of the
Corporation within 12 months after their adoption by the Board. Subject to that
approval, the Plan and any amendments are effective on the date on which they
are adopted by the Board. Options and Stock-Based Awards may be granted or
awarded prior to shareholder approval of the Plan or amendments requiring
shareholder approval, but each such Option grant or Stock-Based Award shall be
subject to the approval of the Plan or amendments by the shareholders. Except to
the extent required to satisfy the requirements of Rule 16b-3 under the Exchange
Act, the date on which any Option granted or Stock-Based Award awarded prior to
shareholder approval of the Plan or amendment requiring shareholder approval
shall be the Date of Grant for all purposes as if the Option or Stock-Based
Award had not been subject to shareholder approval. No Option may be exercised
prior to such shareholder approval, and any Stock-Based Award awarded shall be
forfeited if such shareholder approval is not obtained.

15.      Term of the Plan

         Unless sooner terminated by the Board pursuant to Article 12, the Plan
shall terminate on January 27, 2010, and no Options or Stock-Based Awards may be
granted after termination. The termination shall not affect the validity of any
Options or Stock-Based Awards outstanding on the date of termination.

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16.      Indemnification of Committee

         In addition to such other rights of indemnification as they may have as
Directors or as members of the Committee, the members of the Committee shall be
indemnified by the Corporation against the reasonable expenses, including
attorneys' fees, actually and reasonably incurred in connection with the defense
of any action, suit or proceeding, or in connection with any appeal therein, to
which they or any of them may be a party by reason of any action taken or
failure to act under or in connection with the Plan or any Option or Stock-Based
Award granted or awarded hereunder, and against all amounts reasonably paid by
them in settlement thereof or paid by them in satisfaction or judgment in any
such action, suit or proceeding, if such members acted in good faith and in a
manner which they believed to be in, and not opposed to, the best interests of
the Corporation.

17.      General Provisions

         A.       The establishment of the Plan shall not confer upon any
                  Employee or Consultant  any legal or equitable right against
                  the Corporation, any Subsidiary or the Committee, except as
                  expressly provided in the Plan.

         B.       The Plan does not constitute inducement or consideration for
                  the employment of any Employee or the retention of any
                  Consultant, nor is it a contract between the Corporation or a
                  Subsidiary and any Employee or Consultant. Participation in
                  the Plan shall not give an Employee or Consultant any right to

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                  be retained in the service of the Corporation or Subsidiary.

         C.       The Corporation and its Subsidiaries may assume options,
                  warrants, or rights to purchase stock issued or granted by
                  other corporations whose stock or assets shall be acquired by
                  the Corporation or a Subsidiary, or which shall be merged into
                  or consolidated with the Corporation or a Subsidiary. Neither
                  the adoption of this Plan, nor its submission to the
                  shareholders, shall be taken to impose any limitations on the
                  powers of the Corporation or its affiliates to issue, grant,
                  or assume options, warrants, or rights, otherwise than under
                  this Plan, or to adopt other stock option or stock-based award
                  plans or to impose any requirement of shareholder approval
                  upon the same.

         D.       The interests of any Participant under the Plan are not
                  subject to the claims of creditors and may not, in any way,
                  be assigned, alienated or encumbered except as provided in
                  Article 8.

         E.       The Plan and each Agreement shall be governed, construed and
                  administered in accordance with the laws of the State
                  of Delaware.

         F.       The adoption of the Plan, the grant and exercise of Options
                  and the award of Stock-Based Awards shall be subject to
                  receipt of all required regulatory approvals, including
                  without limitation any required approvals of the Federal

                                    Page 19
<Page>

                  Communications Commission.

         G.       Should any provision of the Plan that is intended to comply
                  with the provisions of Rule 16b-3 under the Exchange Act at
                  the date of the adoption of the Plan by the Board not be
                  necessary for such compliance, or become no longer necessary
                  for such compliance, such provision of the Plan shall have no
                  force or effect under the Plan as of the date that such
                  provision is not required for purpose of satisfying the
                  provisions of Rule 16b-3 under the Exchange Act.

                                    Page 20

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