Document:

exv10w5

Exhibit 10.5

ONLINE RESOURCES CORPORATION

AMENDED AND RESTATED

2005 RESTRICTED STOCK AND OPTION PLAN

October 23, 2009

SECTION 1

DEFINITIONS

     As used herein, the following terms have the meanings hereinafter set forth unless the context
clearly indicates to the contrary:

     “Administrator” means the Committee, as described in Section 3 of this Plan, and shall include
any Special Committee that the Committee may appoint (provided that the Special Committee may only
exercise discretion with respect to Participants to whom the Special Committee is authorized to
make Awards).

     “Affiliate” means any entity, including any Parent Corporation or Subsidiary Corporation
within the meaning of Section 424 of the Code, which together with the Company is under common
control within the meaning of Section 414 of the Code.

     “Award” means any award made pursuant to Section 6 of this Plan, whether in the form of
Restricted Shares, Restricted Units, Options, Stock Appreciation Rights or a Performance Award.

     “Award Agreement” means any written document setting forth the terms and conditions of an
Award, as prescribed by the Committee.

     “Award Term” means the maximum period of time during which an Award may be earned, exercised
or purchased as set forth in Section 6.7 below.

     “Board” means the Board of Directors of the Company.

     “Cause” means any event specified as Cause in any employment agreement between an Employer
Company and an Employee and any such other events set forth in Section 6.11(c) hereof.

     “Change of Control” means those events set forth in Section 6.9(d).

     “Code” means the Internal Revenue Code of 1986, as amended.

     “Committee” means the committee appointed by the Board in accordance with Section 3 of this
Plan. Unless otherwise determined by the Board consistent with Section 3, “Committee” means the
Compensation and Management Development Committee of the Board, provided, however, that with
respect to Awards made to Outside Directors,

 

 

“Committee” means the Governance Committee of the Board.

     “Company” means Online Resources Corporation, a Delaware corporation.

     “Director” means a member of the Board of Directors of the Company, and any director or
directors of an Employer Company whom the Board designates as being eligible for Awards.

     “Employee” means an individual who is employed (within the meaning of Section 3401 of the Code
and the Treasury Regulations thereunder) by the Company or any present or future Employer Company.

     “Employer Company” means a company, whether (i) the Company or a Parent Corporation or
Subsidiary Corporation of the Company, which employs the Employee; (ii) a 50% or more affiliate of
the Company or a Parent Corporation or Subsidiary Corporation of the Company, which employs the
Employee or receives services from a Service Provider, or (iii) the Company or a Parent Corporation
or Subsidiary Corporation of the Company, to which the Service Provider is providing services or
with which Service Provider engages in business.

     “Fair Market Value of Shares” shall mean (i) if the Shares are not publicly traded on the day
in question, the closing price of the Shares on the prior trading day or the next trading day
(whichever is closest in time to the day in question), provided that such date is no more than five
(5) days from the date the Award is granted, (ii) if the Shares are not publicly traded on the day
in question and (i) above does not apply, the fair market value of the Shares on the day in
question as determined and set forth in writing by the Administrator (which, in making such
determination, shall make a good faith effort to establish the true fair market value of the Shares
as of such date using such methods as it deems appropriate, including independent appraisals, and
taking into consideration any requirements set forth in the Code or the Treasury Regulations
thereunder), or (iii) if the Shares are publicly traded on the day in question, the closing price
of the Shares on the day in question.

     “Good Reason” shall mean, with respect to the termination of employment of any Employee, any
of the following:

     (i) A change of more than fifty (50) miles in the principal location at which
Employee provides services to the Company, without the Employee’s prior written consent;

     (ii) A material adverse change by the Company in the Employee’s duties, authority or
responsibilities with the Company which causes the Employee’s position with the Company to
become of less responsibility or authority than such Employee’s position as of immediately
following the date of any Award Agreement between such Participant and the Company,
provided that such change is not in connection with a termination of Participant’s
employment for Cause by the Company;

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     (iii) The assignment to the Employee of duties not commensurate or consistent with
Employee’s position with the Company without Employee’s prior written consent;

     (iv) A reduction in Employee’s compensation or other benefits except such a reduction
in connection with a general reduction in compensation or other benefits of similarly
situated employees of the Company;

     (v) A material breach by the Company of any Award Agreement or employment agreement
between the Employee and the Company that has not been cured within 30 days after written
notice thereof by Employee to the Company;

     (vi) The Company, or any successor thereto, no longer having a publicly traded class
of equity securities and/or no longer being subject to reporting requirements under the
Exchange Act; or

     (vii) Failure by the Company to obtain the assumption of any Award Agreement or
employment agreement between Employee and the Company by any successor to the Company.

     “Incentive Stock Option” means an Option for Shares that is intended to be, designated in
writing as, and qualifies as an Incentive Stock Option within the meaning of Section 422 of the
Code.

     “Long Term Employee” means any salaried employee of the Company who has been continuously
employed by the Company on a full-time basis for the two (2) year period ending on the effective
date of a Change of Control.

     “Nonstatutory Stock Option” means an Option which is not an Incentive Stock Option and which
is designated as a Nonstatutory Stock Option by the Administrator.

     “Option” means an option to purchase a Share pursuant to the provisions of this Plan.

     “Option Price” means the price per share of the Shares subject to each Option or Stock
Appreciation Right as provided, respectively, in Sections 6.3(c) and 6.4 (b) below.

     “Outside Director” means a Director who is not an Employee.

     “Parent Corporation” shall have the meaning assigned to that term under Section 424 of the
Code.

     “Participant” means any holder of one or more Awards, or the Shares issuable or issued upon
the vesting, exercise or distribution of Awards, pursuant to the Plan.

     “Performance Awards” mean Performance Units and Performance Compensation

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Awards granted pursuant to Section 6.5 of the Plan.

     “Performance Compensation Awards” mean Awards granted pursuant to Section 6.5(b) of the Plan.

     “Performance Units” means Awards granted pursuant to Section 6.5(a) of the Plan which may be
paid in cash, in Shares, or such combination of cash and Shares as the Committee in its sole
discretion shall determine.

     “Plan” means the Online Resources Corporation Amended and Restated 2005 Restricted Stock and
Option Plan, the terms of which are set forth herein.

     “Restricted Shares” means Shares subject to restrictions imposed pursuant to Section 6.2 of
this Plan.

     “Restricted Units” means units awarded pursuant to Section 6.2(f) of this Plan.

     “Service Provider” means any individual who follows an independent trade, business or
profession in which he/she provides his/her services to the Company, any present or future Parent
Corporation or Subsidiary Corporation of the Company, or any 50% or more affiliate of the Company
or a Parent Corporation or Subsidiary Corporation, including, without limitation, consultants,
independent contractors and suppliers to the Company.

     “Share” or “Shares” means Common Stock of the Company, par value $.0001 per share, or, in the
event that the outstanding Shares are hereafter changed into or exchanged for different shares or
securities of the Company or some other corporation or other entity, such other shares or
securities.

     “Special Committee” means any committee to which the Board or Committee may delegate the
authority to grant Awards to eligible persons not described in Section 16 of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”).

     “Stock Appreciation Right” means the right to receive the appreciation in value, or the
portion of the appreciation in value, or a specified number of Shares pursuant to Section 6.4.

     “Subsidiary Corporation” shall have the meaning assigned to that term under Section 424 of the
Code.

     “Total and Permanent Disability,” unless otherwise specified in the applicable Award
Agreement, means the inability of an Employee, Service Provider or Outside Director to engage in
any substantial gainful activity by reason of any medically determinable physical or mental
impairment which can be expected to result in death or which has lasted or can be expected to last
for a continuous period of not less than twelve months.

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SECTION 2

THE PLAN

     2.1 Name. This Plan shall be known as “Online Resources Corporation Amended and
Restated 2005 Restricted Stock and Option Plan.”

     2.2 Purpose. The purpose of this Plan is to advance the interests of the Company and
its stockholders by affording Employees and Service Providers of the Employer Company and Outside
Directors an opportunity to acquire or increase their proprietary interest in the Company by the
grant to such individuals of Awards under the terms set forth herein.

     2.3 Intention; Options.

     (a) It is intended that Options (if any) issued as Incentive Stock Options under this Plan
may qualify as incentive stock options under Section 422 of the Code and the terms of this Plan
shall be interpreted in accordance with such intention

     (b) It is intended that all Options issued to Service Providers and Outside Directors shall
be Nonstatutory Stock Options and that any Options issued to Employees may be Nonstatutory Stock
Options.

     (c) Unless otherwise specifically provided in an Award Agreement, an Option will be a
Nonqualified Stock Option.

SECTION 3

ADMINISTRATION

     3.1 Administration. This Plan shall be administered by the Committee acting as the
Administrator. The Committee shall be appointed by the Board, in a manner consistent with the
Company’s By-laws, and shall consist of two (2) or more members, each of whom is an outside
director (within the meaning of Code Section 162(m) and the Treasury Regulations thereunder) as
well as a non-employee director (within the meaning of Rule 16(b)-3 under the Exchange Act, as
amended). The Board may from time to time remove members from, or add members to, the Committee.
The Board shall fill vacancies on the Committee however caused. The Board may appoint one (1) of
the members of the Committee as Chairman. The Administrator shall hold meetings at such times and
places as it may determine. Acts of a majority of the Administrator at which a quorum is present,
or acts reduced to or approved in writing by the unanimous consent of the members of the
Administrator, shall be the valid acts of the Administrator. Additionally, and notwithstanding
anything to the contrary contained in this Plan, the Board or Committee may delegate to a Special
Committee the authority to grant Awards and to specify the terms and conditions thereof to certain
eligible persons who are not subject to

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the requirements of Section 16 of the Exchange Act, in accordance with guidelines approved by the
Board or Committee.

     3.2 Duties. The Administrator (or the Special Committee) shall from time to time at
its discretion determine the Employees, Service Providers and Outside Directors who are to be
granted Awards, the terms of any Awards (which may be based on performance), and the number of
Shares to be subject to Awards to be granted to each Participant. The interpretation and
construction by the Administrator of any provisions of this Plan or of any Award granted thereunder
shall be final. Moreover, the Administrator shall at any time be entitled to modify the vesting
terms for Awards, the timing rules for exercise of Options and Stock Appreciation Rights, and any
other provisions of outstanding Awards (to the extent the modification would be allowable under
this Plan for a new Award), provided that the Participant shall so consent to any modification
adverse to the Participant’s interests. No member of the Administrator shall be liable for any
action or determination made in good faith with respect to this Plan or any Award granted
hereunder.

SECTION 4

PARTICIPATION

     4.1 Eligibility. The Administrator may from time to time make Awards to such persons
(collectively, “Participants”; individually a “Participant”) as the Administrator (or the Special
Committee) may select from among the following classes of persons, subject to the terms and
conditions of Section 4.2 below:

     (a) Employees of the Company;

     (b) Employees of any Employer Company;

     (c) Service Providers of the Company or any Employer Company (or any other related entity);

     (d) Outside Directors; and

     (e) Directors of the Company’s Employer Companies.

     4.2 Ten-Percent Stockholders. A Participant who beneficially owns more than ten
percent (10%) of the total combined voting power of all classes of outstanding stock of the
Company, as determined under Sections 422 and 424 of the Code, shall not be eligible to receive an
Incentive Stock Option unless:

     (a) the Option Price of the Shares subject to such Option is at least one hundred ten percent
(110%) of the Fair Market Value of such Shares on the date of grant; and

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     (b) such Option by its terms is not exercisable after the expiration of five (5) years from
the date of grant.

For purposes of this Section 4.2, “outstanding stock” shall include all stock actually issued and
outstanding immediately after the grant of the Option to the Participant. “Outstanding stock” shall
not include Shares authorized for issue under outstanding Options held by the Participant or by any
other person.

SECTION 5

SHARES SUBJECT TO PLAN

     5.1 Shares Available for Awards. Subject to adjustment pursuant to the provisions of
Section 5.2 hereof, the total number of Shares, which may be issued pursuant to all Awards, shall
not exceed 3,500,000 Shares. Shares that may be issued pursuant to Awards may be either authorized
and unissued Shares or issued Shares which have been reacquired by the Company. Shares of Common
Stock subject to an Award under the Plan which Award is canceled, expired, forfeited or otherwise
terminated without a delivery of shares to the Participant or with the return to the Company of
shares previously delivered, including the number of shares surrendered in payment of any taxes
relating to any Award, hereof will again be available for Awards under the Plan, except that if any
such shares could not again be available for Awards to a particular Participant under any
applicable law or regulation, such shares shall be available exclusively for Awards to Participants
who are not subject to such limitation. Notwithstanding the foregoing, (i) Shares tendered in
payment of the exercise price of an Option, (ii) Shares withheld by the Company to satisfy any tax
withholding obligation with respect to an Award, and (iii) Shares that are repurchased by the
Company on the open market with the proceeds of the exercise of an Option, may not again be
available for issuance in connection with Awards under the Plan. Also notwithstanding the
foregoing, if a Stock Appreciation Right is settled in Shares, the Shares representing the excess,
if any, of (a) the number of Shares subject to the Stock Appreciation Right, over (b) the number of
Shares delivered in settlement of the Stock Appreciation Right may not again be available for
issuance in connection with Awards under the Plan.

Notwithstanding the foregoing, the maximum number of Shares that may be issued pursuant to ISOs is
350,000, and the maximum number of Shares that may be issued in connection with Awards under the
Plan that are neither Options or Stock Appreciation Rights is 2,625,000.

     5.2 Adjustments.

     (a) Stock Splits and Dividends. Subject to any required action by the Board, the
number of Shares covered by this Plan as provided in Section 5.1 hereof, the number of

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Shares covered by each outstanding Award, and the price if any at which a Participant may purchase
Restricted Shares or exercise Options or Stock Appreciation Rights shall be proportionately
adjusted for any increase or decrease in the number of issued Shares resulting from a
recapitalization, reclassification, subdivision or consolidation of Shares or the payment of a
stock dividend (but only if paid in Shares), a stock split or any other increase or decrease in the
number of issued Shares effected without receipt of consideration by the Company.

     (b) Mergers. Subject to any required action by the Board and/or stockholders, if the
Company shall merge with another corporation and the Company is the surviving corporation in such
merger and under the terms of such merger the Shares outstanding immediately prior to the merger
remain outstanding and unchanged, each outstanding Award shall continue to apply to the Shares
subject thereto and shall also pertain and apply to any additional securities and other property,
if any, to which a holder of the number of Shares subject to the Award would have been entitled as
a result of the merger.

     (c) Adjustment Determination. To the extent that the foregoing adjustments relate to
securities of the Company, such adjustments shall be made by the Administrator, whose determination
shall be conclusive and binding on all persons. In computing any adjustment under this Section 5.2,
any fractional Share which might otherwise become subject to an Award shall be eliminated.

     (d) Special Dividends. Subject to any required action by the Board, the Administrator
shall be entitled to determine whether any adjustment shall be made with respect to the number of
Shares covered by this Plan as provided in Section 5.1 hereof, the number of Shares covered by each
outstanding Award and the Option Price for Options if the Company pays a special or extraordinary
dividend.

SECTION 6

AWARDS

     6.1 Award Grant and Agreement.

     (a) The Administrator may from time to time, subject to the terms of this Plan, grant to any
Participant one or more Awards; provided, however, that the Special Committee may from time to time
grant Awards to eligible persons not described in Section 16 of the Exchange Act or serving on the
Special Committee. Each Award grant shall be evidenced by a written Award Agreement, dated as of
the date of grant and executed by the Company and the Participant, which Award Agreement shall set
forth the number of Awards granted (or formula, that may be based on future performance or
conditions, for determining the number of Shares to be issued pursuant to the Award), whether the
Award is for Restricted Shares, Options, or Stock Appreciation Rights, the price if any at which a
Participant may purchase Restricted Shares, the Option Price

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associated with Options and Stock Appreciation Rights, the Award Term, in the case of a Performance
Award, in addition to the matters addressed in Section 6.5 below, the specific objectives, goals
and performance criteria that further define the Award, and such other terms and conditions as may
be determined appropriate by the Administrator (or the Special Committee), provided that such terms
and conditions are not inconsistent with this Plan. The Award Agreement shall incorporate this Plan
by reference and provide that any inconsistencies or disputes shall be resolved in favor of this
Plan language. In no event, however, may Award Agreements to an individual Participant provide for
a payment of more than 750,000 Shares, or a cash payment of more than $7,500,000, in any calendar
year.

     (b) Awards shall be made by the Administrator or Special Committee selectively among the
Participants and the terms and provisions of such grants and the Award Agreements evidencing the
same (including, without limitation, the form, the amount, the timing, the terms for any purchase,
the exercisability of Options and Stock Appreciation Rights, and vesting schedule of such grants)
need not be uniform, whether or not the Participants are similarly situated.

     (c) Notwithstanding any provision of the plan to the contrary, any Award Agreement, other
than an Award Agreement evidencing an Award the payment of which is conditioned on the satisfaction
of Performance Measures, shall provide that the Award will be forfeited unless the Participant to
whom the Award is granted remains in the employment of an Employer Company for a specified period.
For this purpose, the minimum period that can be established for the Award to become fully
nonforfeitable shall be three years, except in the case of Awards (1) made as employment inducement
incentives or as retention incentives, or (2) granted in lieu of salary or other compensation that
otherwise would be payable in cash to a Participant for a specified period, provided that the fair
market value of the stock subject to the Award on the date of grant is not more than the salary or
other compensation foregone in exchange for the Award. Notwithstanding the foregoing, an Award
Agreement can provide for the lapsing of all forfeiture restrictions before the end of the
three-year period in the event that the Participant’s employment with all Employer Companies is
terminated as a result of the Participant’s death, disability or retirement or following a Change
of Control.

     6.2 Restricted Share and Restricted Unit Awards.

     (a) Awards. The Administrator may award Restricted Shares (or Shares subject to
Restricted Units pursuant to Section 6.2(f) below) to Participants, in such amounts, and subject to
such terms and conditions as the Administrator shall determine in its discretion, subject to the
provisions of this Plan. The Administrator shall determine the purchase price, if any, of
Restricted Shares, and may issue Shares that are immediately vested and unrestricted. A Participant
shall have no rights with respect to a Restricted Share Award unless the Participant accepts the
Award within the time period the Administrator specifies by executing the Award Agreement
prescribed by the Administrator and, if applicable, pays the purchase price for the Restricted
Shares by any method that is acceptable to the Company.

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     (b) Issuance of Award. The Company shall issue in the Participant’s name a
certificate or certificates for the appropriate number of Shares representing the Restricted Shares
upon the Participant’s execution of the applicable Award Agreement.

     (c) Plan and Regulatory Exceptions. Any certificate issued evidencing Restricted
Shares shall remain in the Company’s possession until those Shares are free of restrictions, except
as otherwise determined by the Administrator.

     (d) Restrictions on Payment of Dividends or Dividend Equivalents. Notwithstanding
any provision of the Plan to the contrary, a Participant shall have no right to receive dividends
or payments of dividend equivalents with respect to any unvested Restricted Shares awarded to the
Participant subject to vesting restrictions based, all or in part, on the satisfaction of
performance objectives.

     (e) Forfeiture. If so provided in an Award Agreement, during a designated period of
up to 120 days following termination of the Participant’s service with the Company for any reason
or for reasons designated in the Award Agreement, the Company shall have the right to repurchase
Shares to which restrictions on transferability apply, in exchange for which the Company shall
repay to the Participant the lesser of the amount paid by the Participant for such Shares or the
Fair Market Value of such Shares at the time of repurchase by the Company (or such other price as
the Administrator shall specify in the Award Agreement).

     (f) Restricted Units In lieu of issuing Restricted Shares to a Participant, the
Administrator may in its discretion grant a Participant the right to receive Shares after certain
vesting requirements are met, and shall evidence such grant in an Award Agreement that sets forth

     (i) a number of Restricted Units that correspond to the number of Shares that the
Participant shall be entitled to receive upon vesting,

     (ii) the terms upon which the Shares subject to the Restricted Units may become
vested, and

     (iii) whether or not the Award is subject to the terms and conditions set forth in
Sections 6.2(d) and 6.2(e), which shall be deemed to apply unless an Award Agreement
expressly provides to the contrary.

As soon as practicable after vesting of a Participant’s Restricted Units, the Company shall issue
to the Participant, free from the vesting restrictions, one Share for each vested Restricted Unit,
unless the Award provides otherwise. No fractional shares shall be distributed, and cash shall be
paid in lieu thereof. Whenever Shares are issued to a Participant pursuant to the Award of
Restricted Units (other than those Restricted Units that vest, all or in part, upon the
satisfaction of performance criteria), the Participant shall also be entitled to receive, with
respect to each Share issued, an amount equal to any cash

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dividends and a number of Shares equal to any stock dividends, which were declared and paid to the
holders of Shares between the date of grant of the Restricted Unit and the date such Share is
issued. If a Participant who has received an Award in the form of Restricted Units provides the
Administrator with written notice of his or her intention to make an election under Section 83(b)
of the Code with respect to the Shares subject to the Award, the Administrator may, in its
discretion and subject to any terms and conditions that the Administrator may impose, exchange the
Participant’s Restricted Units into Restricted Shares, on a one-for-one basis.

     6.3 Options. The Administrator may from time to time grant Options subject to the
terms of this Plan, including the specified terms of this Section.

     (a) Conditions With Respect to Non-Statutory Stock Options. Certain Nonstatutory
Stock Options (“Performance Grants”) shall, if the Administrator so determines in its discretion,
be subject to the following conditions, which conditions shall be stated within the applicable
Award Agreement:

     (i) At the time of grant, the Administrator may, in its discretion, place additional
restrictions on Performance Grants requiring that the Option will vest only if and when, or
on an accelerated basis if and when, the Common Stock price exceeds a specific amount.
Generally, Performance Grants will be subject to the same requirements described herein,
unless the Administrator decides otherwise.

     (ii) At the time of grant, the Administrator may, in its discretion, place additional
restrictions on the Performance Grants requiring that on the exercise of such a grant an
Employee will purchase Shares that will be forfeited if the Participant terminates
employment within a certain number of years. Additional transferability restrictions may be
imposed in connection with Performance Grants.

     (b) Conditions With Respect to Incentive Stock Options. Each Incentive Stock Option
shall be subject to the following conditions, in addition to those set forth in Section 4.2, all of
which conditions shall be stated within the applicable Award Agreement:

     (i) To the extent that the aggregate Fair Market Value of Shares (determined as of
the time an Option is granted) exercisable for the first time by a Participant during any
calendar year under such Incentive Stock Option and any other Incentive Stock Option issued
by the Company or any Subsidiary Corporation or Parent Corporation exceeds $100,000, such
excess Incentive Stock Options shall be deemed Nonstatutory Stock Options.

     (ii) In no event may any Incentive Stock Option become exercisable later than the
date preceding the tenth anniversary date of the grant thereof.

Any Incentive Stock Option which does not comply with the forgoing provisions shall

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not be considered an Incentive Stock Option, and instead shall be considered a Nonstatutory Stock
Option issued under this Plan.

     (c) Option Price. The Option Price shall be determined by the Administrator (or the
Special Committee), subject to any limitations imposed by this Plan and, in any event, shall not be
less than one hundred percent (100%) of the Fair Market Value of Shares on the date of grant in the
case of both Incentive Stock Options and Nonstatutory Stock Options; provided that in the case of
Incentive Stock Options granted to a Participant described in Section 4.3 hereof, the Option Price
shall not be less than one hundred ten percent (110%) of the Fair Market Value of Shares on the
date of grant.

     (d) Limitations on Exercise of Options. Notwithstanding anything contained in this
Plan to the contrary:

     (i) Options may not be exercised until this Plan has been approved by the
stockholders as provided in Section 9.8.

     (ii) Options shall be exercisable in full or in such equal or unequal installments as
the Administrator shall determine; provided that if a Participant does not purchase all of
the Shares which the Participant is entitled to purchase on a certain date or within an
established installment period, the Participant’s right to purchase any unpurchased Shares
shall continue during the Award Term (taking into account any early termination of such
Award Term which may be provided for under this Plan).

     (e) Method of Exercising Options. Options shall be exercised by a written notice,
delivered to the Company at its principal office located at 4795 Meadow Wood Lane, Suite 300,
Chantilly, Virginia 20151 Attn: Chief Financial Officer or such other address that may be
designated by the Company, specifying the number of Shares to be purchased and tendering payment in
full for such Shares. Payment may be tendered in cash or by certified, bank cashier’s or teller’s
check or by Shares (valued at Fair Market Value as of the date of tender) that the Participant has
owned for at least six months, or some combination of the foregoing or such other form of
consideration which has been approved by the Administrator, including any cashless exercise
mechanism or a promissory note given by the Participant and approved by the Administrator. The
right to deliver in full or partial payment of such Option Price any consideration other than cash
shall be limited to such frequency as the Administrator shall determine in its sole discretion from
time to time. In the event all or part of the Option Price is paid in Shares, any excess of the
value of such Shares over the Option Price will be returned to the Participant as follows:

     (i) any whole Share remaining in excess of the Option Price will be returned in kind,
and may be represented by one or more share certificates; and

     (ii) any partial Shares remaining in excess of the Option Price will be returned in
cash.

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     (f) Buyout Provisions. Subject to stockholder approval for a broad-based offer and to
any other approval requirements that may apply (in either case, as determined by the Administrator
in its sole discretion), the Administrator may at any time offer to buy out an Option, in exchange
for a payment in cash or Shares, based on such terms and conditions as the Administrator shall
establish and communicate to the Participant at the time that such offer is made. In addition,
subject to stockholder approval for a broad-based offer and to any other approval requirements that
may apply (in either case, as determined by the Administrator in its sole discretion) if the Fair
Market Value for Shares subject to an Option is more than 50% below their Option Price for more
than 30 consecutive business days, the Administrator may unilaterally terminate and cancel the
Option by paying the Participant, in cash or Shares, an amount not less than the Black-Scholes
value of the vested portion of the Option or such other valuation methodology that the
Administrator may adopt.

     6.4 Stock Appreciation Rights.

     (a) Granting of Stock Appreciation Rights. In its sole discretion, the Administrator
may from time to time grant Stock Appreciation Rights to Participants either in conjunction with,
or independently of, any Options granted under this Plan. A Stock Appreciation Right granted in
conjunction with an Option may be an alternative right wherein the exercise of the Option
terminates the Stock Appreciation Right to the extent of the number of Shares purchased upon
exercise of the Option and, correspondingly, the exercise of the Stock Appreciation Right
terminates the Option to the extent of the number of Shares with respect to which the Stock
Appreciation Right is exercised. Alternatively, a Stock Appreciation Right granted in conjunction
with an Option may be an additional right wherein both the Stock Appreciation Right and the Option
may be exercised. A Stock Appreciation Right may not be granted in conjunction with an Incentive
Stock Option under circumstances in which the exercise of the Stock Appreciation Right affects the
right to exercise the Incentive Stock Option or vice versa, unless the Stock Appreciation Right, by
its terms, meets all of the following requirements:

     (i) the Stock Appreciation Right will expire no later than the Incentive Stock Option;

     (ii) the Stock Appreciation Right may be for no more than the difference between the
Option Price of the Incentive Stock Option and the Fair Market Value of the Shares subject
to the Incentive Stock Option at the time the Stock Appreciation Right is exercised;

     (iii) the Stock Appreciation Right is transferable only when the Incentive Stock
Option is transferable, and under the same conditions;

     (iv) the Stock Appreciation Right may be exercised only when the Incentive Stock
Option may be exercised; and

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     (v) the Stock Appreciation Right may be exercised only when the Fair Market Value of
the Shares subject to the Incentive Stock Option exceeds the Option Price of the Incentive
Stock Option.

     (b) Option Price. The Option Price as to any particular Stock Appreciation Right
shall not be less than the Fair Market Value of the Shares on the date of grant.

     (c) Timing of Exercise. The provisions of Section 6.4(d) regarding the period of
exercisability of Options are incorporated by reference herein, and shall determine the period of
exercisability of Stock Appreciation Rights.

     (d) Exercise of Stock Appreciation Rights. A Stock Appreciation Right granted
hereunder shall be exercisable at such times and under such conditions as shall be permissible
under the terms of this Plan and of the Award Agreement granted to a Participant, provided that a
Stock Appreciation Right may not be exercised for a fractional Share. Upon exercise of a Stock
Appreciation Right, the Participant shall be entitled to receive, without payment to the Company,
an amount equal to the excess of (or, in the discretion of the Committee if provided in the Award
Agreement, a portion of) the excess of the then aggregate Fair Market Value of the number of Shares
with respect to which the Participant exercises the Stock Appreciation Right, over the aggregate
Option Price of such number of optioned Shares. This amount shall be payable by the Company in
Shares valued at the then Fair Market Value thereof, or any combination thereof.

     (e) Procedure for Exercising Stock Appreciation Rights. To the extent not
inconsistent herewith, the provisions of Section 6.3(e) as to the procedure for exercising Options
are incorporated by reference, and shall determine the procedure for exercising Stock Appreciation
Rights.

     (f) Buy-out. Subject to stockholder approval for broad-based offer and any other
approval requirements that may apply (in either case, as determined by the Administrator in its
sole discretion), the Administrator has the same discretion to buy-out Stock Appreciation Rights as
it has to take such actions with respect to Options.

     6.5 Performance Awards.

     (a) Performance Units. The Administrator may in its discretion grant Performance
Units to any eligible Participant and shall evidence such grant in an Award Agreement that is
delivered to the Participant which sets forth the terms and conditions of the Award. A Performance
Unit is an Award (which may be a Performance Grant) which is based on the achievement of specific
goals with respect to the Company or any Affiliate or individual performance of the Participant, or
a combination thereof, over a specified period of time.

     (b) Performance Compensation Awards. The Administrator may, in its discretion,

14

 

at the time of grant of a Performance Unit, designate such Award as a “Performance Compensation
Award” in order that such Award will constitute “qualified performance-based compensation” under
Code Section 162(m), in which event the Administrator shall have the power to grant such
Performance Compensation Award upon terms and conditions that qualify it as “qualified
performance-based compensation” within the meaning of Code Section 162(m). With respect to each
such Performance Compensation Award, the Administrator shall establish, in writing within the time
required under Code Section 162(m), a “Performance Period,” “Performance Measure(s)”, and
“Performance Formula(e)” (each such term being hereinafter defined). Once established for a
Performance Period, the Performance Measure(s) and Performance Formula(e) shall not be amended or
otherwise modified to the extent such amendment or modification would cause the compensation
payable pursuant to the Award to fail to constitute qualified performance-based compensation under
Code Section 162(m).

A Participant shall be eligible to receive payment in respect of a Performance Compensation Award
only to the extent that the Performance Measure(s) for such Award are achieved and the Performance
Formula(e) as applied against such Performance Measure(s) determines that all or some portion of
such Participant’s Award has been earned for the Performance Period. As soon as practicable after
the close of each Performance Period, the Administrator shall review and certify in writing
whether, and to what extent, the Performance Measure(s) for the Performance Period have been
achieved and, if so, determine and certify in writing the amount of the Performance Compensation
Award to be paid to the Participant and, in so doing, may use negative discretion to decrease, but
not increase, the amount of the Award otherwise payable to the Participant based upon such
performance.

     (c) Definitions.

     (i) “Performance Formula” means, for a Performance Period, one or more objective
formulas or standards established by the Administrator for purposes of determining whether
or the extent to which an Award has been earned based on the level of performance attained
or to be attained with respect to one or more Performance Measure(s). Performance Formulae
may vary from Performance Period to Performance Period and from Participant to Participant
and may be established on a stand-alone basis, in tandem or in the alternative.

     (ii) “Performance Measure” means one or more of the following selected by the
Administrator to measure Company, Affiliate, and/or business unit performance for a
Performance Period, whether in absolute or relative terms (including, without limitation,
terms relative to a peer group or index): basic, diluted, or adjusted earnings per share;
sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a
per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue
or similar measure; economic value added; working capital; total stockholder return;
service quality; and product development, product market share, research, licensing,
litigation, human resources, information services, mergers, acquisitions, sales of assets
of Affiliates

15

 

or sales of business units. Each such measure shall be to the extent applicable,
determined in accordance with generally accepted accounting principles as consistently
applied by the Company (or such other standard applied by the Administrator) and, if so
determined by the Administrator, and in the case of a Performance Compensation Award, to
the extent permitted under Code Section 162(m), adjusted to omit the effects of
extraordinary items, gain or loss on the disposal of a business segment, unusual or
infrequently occurring events and transactions and cumulative effects of changes in
accounting principles. Performance Measures may vary from Performance Period to Performance
Period and from Participant to Participant, and may be established on a stand-alone basis,
in tandem or in the alternative.

     (iii) “Performance Period” means one or more periods of time (of not less than one
fiscal year of the Company) as the Administrator may designate, over which the attainment
of one or more Performance Measure(s) will be measured for the purpose of determining a
Participant’s rights in respect of an Award.

     6.6 Non-Transferability.

     (a) General. Except as set forth in Section 6.6(c) below, Awards may not be sold,
pledged, assigned, hypothecated, transferred, or otherwise encumbered or disposed of other than by
will or by the laws of descent or distribution, and except as specifically provided in this Plan or
the applicable Award Agreement. During a Participant’s lifetime, an Option or Stock Appreciation
Right shall only be exercisable by the Participant. Furthermore, unless the applicable Award
Agreement provides otherwise, additional Shares or other property distributed to the Participant in
respect of Awards, as dividends or otherwise, shall be subject to the same restrictions applicable
to such Award.

     (b) Special Rule for Beneficiaries. The designation of a beneficiary by a Participant
will not constitute a transfer. In the absence of a validly designated beneficiary, a Participant’s
beneficiary shall be his or her estate.

     (c) Limited Transferability Rights. To the extent specifically authorized by the
Administrator in an Award Agreement or amendment thereto, any Participant may transfer Awards
(other than Incentive Stock Options) either by gift to immediate family, or by instrument to an
inter vivos or testamentary trust in which the Awards are to be passed, upon the death of the
grantor, to beneficiaries who are immediate family (or otherwise approved by the Administrator). A
permitted transfer of an Award (including but not limited to a transfer by will or by the laws of
descent and distribution) shall not be effective to bind the Company unless the Company shall have
been furnished with written notice thereof and an authenticated copy of such evidence (e.g., an
executed will or trust) as the Administrator may deem necessary to establish the validity of the
transfer and the acceptance by the transferee of the terms and conditions of such Award.

     6.7 Award Term. The Award Term shall be determined by the Administrator at the time of
grant, subject to any limitations imposed by this Plan, but in any event shall

16

 

not be more than ten years from the date such Award is granted (five years under the circumstances
described in Section 4.3(b)). Awards may be subject to earlier termination as provided in this
Plan.

     6.8 Withholding Tax.

     (a) In the event the Company determines that it is required to withhold income tax in
connection with an Award (for instance, as a result of the exercise of an Option as a condition for
the exercise thereof), the Participant may be required to make arrangements satisfactory to the
Company to enable it to satisfy such withholding requirements. Payment of such withholding
requirements may be made, in the discretion of the Administrator, (i) in cash, (ii) by delivery of
Shares registered in the name of the Participant having a Fair Market Value at the time the
Participant becomes subject to income tax equal to the amount to be withheld and that have been
held by the Participant for more than six months, (iii) by the Company retaining or not issuing
such number of Shares subject to the Award as have a Fair Market Value at the time the Participant
becomes subject to income tax equal to the amount to be withheld or (iv) any combination of (i),
(ii) and (iii) above.

     (b) The Administrator shall be entitled as it deems appropriate to make available for
issuance under this Plan Shares tendered by a Participant as payment of the price for any Shares
used to satisfy the Company’s withholding requirements.

     6.9 Rights in the Event of Sale, Merger or Other Reorganization. Except as expressly
provided in Section 5.2 and this Section, the Participant shall have no rights by reason of any
subdivision or consolidation of shares of stock of any class, the payment of any stock dividend or
any other increase or decrease in the number of shares of stock of any class or by reason of any
dissolution, liquidation, merger or consolidation or spin-off of assets or stock of another
corporation, and any issue by the Company of shares of stock of any class, or securities
convertible into shares of stock of any class, shall not affect, and no adjustment by reason
thereof shall be made with respect to, the number or price (if applicable) of Shares subject to an
Award. The grant of an Award pursuant to this Plan shall not affect in any way the right or power
of the Company to make adjustments, reclassifications, reorganizations or changes of its capital or
business structure, to merge or consolidate or to dissolve, liquidate, sell or transfer all or any
part of its business or assets. In any such event:

     (a) Unless otherwise provided in the Award Agreement for any given Award, except as otherwise
provided in subparagraph (c), below, upon any such merger (other than a merger in which the
Company is the surviving corporation as described in Section 5.2(b) and under the terms of which
the shares of Common Stock outstanding immediately prior to the merger remain outstanding and
unchanged), consolidation, or sale or transfer of assets, all rights of the Participant with
respect to the unvested portion of any Restricted Share, Restricted Units, or the unexercised
portion of any Stock Appreciation Right or Option shall become immediately vested, and any Option
or Stock Appreciation Right may be exercised immediately, except to the extent that any

17

 

agreement or undertaking of any party to any such merger, consolidation, or sale or transfer of
assets, shall make specific provision for the assumption of the obligations of the Company with
respect to this Plan and the rights of Participants with respect to Awards granted hereunder.

     (b) Unless otherwise provided in the Award Agreement for any given Award, upon any such
liquidation or dissolution, all rights of the Participant with respect to the unvested portion of
any Award shall wholly and completely terminate and all Awards shall be canceled at the time of any
such liquidation or dissolution, except to the extent otherwise provided in subparagraph (c),
below, and except to the extent that any plan pursuant to which such liquidation or dissolution is
effected, shall make specific provision with respect to this Plan and the rights of Participants
with respect to Awards granted hereunder.

     (c) Unless otherwise provided in any Award Agreement:

     (i) with respect to any Award granted before January 1, 2010, upon a Change of Control
(as defined herein), (A) all rights of Long Term Employees with respect to the unvested
portion of any Restricted Share, Restricted Unit, Option or Stock Appreciation Right shall
fully vest and, in the case of Options and Stock Appreciation Rights, become exercisable
upon the effective date of any such Change of Control and (B) for all other Employees who
remain employed by the Company or its affiliated companies, or both, as applicable, from
the date of a Change of Control to the date of the first anniversary of such Change of
Control, or if prior to the first anniversary of such Change of Control, the Employee’s
employment with the Company or an Affiliate is involuntarily terminated by the Company or
its Affiliates, or both, as applicable, other than for Cause, each Restricted Share or
Restricted Unit and the unexercised portion of any Option or Stock Appreciation Right that
may be exercised and which is not subject to performance criteria, to the extent any of
which is outstanding immediately prior to a Change of Control, shall (irrespective of any
provision of the applicable Award Agreement providing for earlier or later vesting) become
vested and earned as of the earlier of (1) the first anniversary of the Change of Control
or (2) the date the Participant’s employment is terminated. Payment in respect of such
awards shall be made as soon as practicable following such date. For purposes of this
section, termination of an Employee’s employment with the Company for Good Reason shall be
deemed a termination of employment other than for Cause.

     (ii) with respect to any Award granted after December 31, 2009, in the event of a
Change of Control (as defined herein), all rights of Employees with respect to the unvested
portion of any Restricted Share, Restricted Unit, Option or Stock Appreciation Right shall
fully vest and, in the case of Options and Stock Appreciation Rights, become exercisable
upon the involuntary termination of the Employee’s employment with the Company or its
affiliates other than for Cause or by the Employee for Good Reason, if such termination of
employment occurs on or before the first anniversary of such Change of Control.

18

 

Notwithstanding the foregoing, any Long Term Employee holding any Award granted prior to January 1,
2010 and still outstanding shall have the right immediately prior to the effective date of such
Change of Control, but subject to such Change of Control, to pay the purchase or exercise price, if
any, for such Award in whole or in part without regard to any installment provision that may have
been made part of the terms and conditions of such Award or right; provided, that any conditions
precedent to such purchase set forth in the Award Agreement, other than vesting, have occurred or
been waived. In no event, however, may any Incentive Stock Option that becomes exercisable pursuant
to this Section 6.9 be exercised, in whole or in part, later than the date preceding the tenth
anniversary date of the grant thereof, and in no case may an Incentive Stock Option granted to a
Participant described in Section 4.3 be exercised in whole or in part, later than the date
preceding the fifth anniversary date of the grant thereof.

     (d) Definition of “Change in Control.” For purposes of this Plan, “Change in Control”
shall be defined as:

     (i) When any “person” as defined in Section 3(a)(9) of the Exchange Act and as used
in Sections 13(d) and 14(d) thereof (including a “group” as defined in Section 13(d) of the
Exchange Act, but excluding the Company, any Subsidiary or any employee benefit plan
sponsored or maintained by the Company or any Subsidiary (including any trustee of such
plan acting as trustee)), directly or indirectly, becomes the “beneficial owner” (as
defined in Rule 13d-3 under the Exchange Act, as amended from time to time), of securities
of the Company representing 50% or more of the combined voting power of the Company’s then
outstanding securities.

     (ii) The individuals who, as of January 1, 2005, constitute the Board (the “Incumbent
Board”), cease for any reason to constitute at least a majority of the Board; provided
however, that any individual becoming a director subsequent to such date, whose election,
or nomination for election by the Company’s stockholders, was approved by a vote of at
least a majority of the directors then comprising the Incumbent Board shall, for purposes
of this section, be counted as a member of the Incumbent Board in determining whether the
Incumbent Board constitutes a majority of the Board.

     (iii) Consummation of a reorganization, merger or consolidation or sale or other
disposition of all or substantially all of the assets of the Company or the acquisition of
assets of another corporation (a “Business Combination”), in each case, unless, following
such Business Combination:

     (A) all or substantially all of the individuals and entities who were the
beneficial owners of the then outstanding shares of common stock of the Company and
the beneficial owners of the combined voting power of the then outstanding voting
securities of the Company entitled to vote generally in the election of directors
immediately prior to such Business

19

 

Combination beneficially own, directly or indirectly, more than fifty percent
(50%) of the then outstanding shares of common stock and the combined voting power
of the then outstanding securities entitled to vote generally in the election of
directors, respectively, as the case may be, of the corporation resulting from such
Business Combination (including, without limitation, a corporation which as a
result of such transaction owns the Company or all or substantially all of the
Company’s assets either directly or indirectly or through one or more
subsidiaries); and

     (B) no person (excluding any employee benefit plan or related trust of the
Company or such corporation resulting from such Business Combination) beneficially
owns, directly or indirectly, fifty percent (50%) or more of the then
outstanding shares of common stock of the corporation resulting from such Business Combination
or the combined voting power of such corporation except to the extent that such
ownership existed prior to the Business Combination; or

     (iv) Approval by the stockholders of the Company of a complete liquidation or
dissolution of the Company.

     6.10 Restricted Share and Restricted Unit Rights in the Event of Death, Total and
Permanent Disability, or Termination. Unless otherwise provided in an Award Agreement for any
given Restricted Share or Restricted Unit if a Participant’s employment or business relationship
with or service to the Company is terminated on account of the Participant’s death, Total and
Permanent Disability, retirement, or without Cause, vesting on all outstanding Restricted Share and
Restricted Unit may accelerate to 100% at the discretion of the Administrator.

     6.11 Option and Stock Appreciation Right Award Rights in the Event of Death, Total and
Permanent Disability, or Termination.

     (a) Rights in the Event of Death. Unless otherwise provided in the Award Agreement
for any given Option or Stock Appreciation Right, if a Participant’s employment or business
relationship with or service to the Employer Company or service as a member of the Board is
terminated on account of death, the person or persons who shall have acquired the right, by will or
the laws of descent and distribution, to exercise the Participant’s Options shall continue to have
(subject to Sections 6.3(b) and 6.3(d) above) the right, for a period of at least one (1) year from
the date of termination by death or such longer period (if any) as may be specified in the
applicable Award Agreement, to exercise any Options which such Participant would have been entitled
to exercise on the Participant’s death. At the expiration of such period any such Options or Stock
Appreciation Rights which remain unexercised shall expire. Unless the Administrator provides
otherwise in the Award Agreement, any Options or Stock Appreciation Rights that could not have been
exercised by a Participant as of the Participant’s death may not be exercised.

20

 

     (b) Rights in the Event of Total and Permanent Disability. Unless otherwise provided
in the Award Agreement for any given Option or Stock Appreciation Right, if a Participant’s
employment or business relationship with or service to the Employer Company or service as a member
of the Board is terminated on account of Total and Permanent Disability, the Participant shall have
(subject to Sections 6.3(b) and 6.3(d) above) the right, for a period of at least one(1) year from
the date of termination by disability or such longer period (if any) as may be specified in the
applicable Award Agreement, to exercise any Options or Stock Appreciation Rights which such
Participant would have been entitled to exercise on the date of such Participant’s Total and
Permanent Disability. At the expiration of such period any such Options or Stock Appreciation
Rights which remain unexercised shall expire. Unless the Administrator provides otherwise in the
Award Agreement, any Options or Stock Appreciation Rights that could not have been exercised by a
Participant on the date of such Participant’s Total and Permanent Disability may not be exercised.

     (c) Rights in the Event of Termination of Employment or Service. Unless otherwise
provided in the Award Agreement for any given Option or Stock Appreciation Right, in the event that
a Participant’s employment or business relationship with or service to the Employer Company or
service as a member of the Board terminates, other than by reason of death or Total and Permanent
Disability and other than due to termination for “Cause,” the Participant shall have (subject to
Sections 6.3(b) and 6.3(d) above) the right, for a period of at least three (3) months from the
date of such termination or such longer period (if any) as may be specified in the applicable Award
Agreement, to exercise any Options or Stock Appreciation Rights which such Participant would have
been entitled to exercise on the date of such Participant’s termination. At the expiration of such
period any such Options which remain unexercised shall expire. Unless the Administrator provides
otherwise in the Award Agreement any Options or Stock Appreciation Rights that could not have been
exercised by a Participant on the date of such Participant’s termination of employment or service
as a member of the Board or business relationship may not be exercised. Notwithstanding the
foregoing, if the employment or service of or business relationship with a Participant is
terminated for “Cause” by the Employer Company, the Company may notify the Participant that any
Options not exercised prior to the termination are cancelled. For purposes of this Plan and unless
the Administrator provides otherwise in the Award Agreement, a termination of service or business
relationship for “Cause” shall include dismissal as a result of (1) Participant’s conviction of any
crime or offense involving money or other property of the Company or its subsidiaries or which
constitutes a felony in the jurisdiction involved; (2) Participant’s gross negligence, gross
incompetence or willful gross misconduct in the performance of his or her duties; or (3)
Participant’s willful and material failure or refusal to perform his or her duties.

21

 

SECTION 7

SHARES ISSUED PURSUANT TO AN AWARD

     7.1 Issuance of Certificates. The Company shall not be required to issue or deliver
any certificate for Shares issued pursuant to any Award including upon exercise of a Stock
Appreciation Right or Option, or any portion thereof, prior to fulfillment of all of the following
applicable conditions:

     (a) The admission of such Shares to listing on all stock exchanges or markets on which the
Shares are then listed to the extent such admission is necessary;

     (b) The completion of any registration or other qualification of such Shares under any
federal or state securities laws or under the rulings or regulations of the Securities and Exchange
Commission or any other governmental regulatory body, which the Board shall in its sole discretion
deem necessary or advisable, or the determination by the Board in its sole discretion that no such
registration or qualification is required;

     (c) The obtaining of any approval or other clearance from any federal or state governmental
agency which the Board shall, in its sole discretion, determine to be necessary or advisable; and

     (d) The lapse of such reasonable period of time which the Board or Committee may establish
for reasons of administrative convenience following the date a Participant becomes entitled to
receive unrestricted Shares pursuant to an Award.

     7.2 Compliance with Securities and Other Laws. In no event shall the Company be
required to sell, issue or deliver Shares pursuant to Awards if in the opinion of the Company the
issuance thereof would constitute a violation by either the Participant or the Company of any
provision of any law or regulation of any governmental authority or any securities exchange or
market. As a condition of any sale or issuance of Shares pursuant to Awards, the Company may place
legends on the Shares, issue stop-transfer orders and require such agreements or undertakings from
the Participant as the Company may deem necessary or advisable to assure compliance with any such
law or regulation, including if the Company or its counsel deems it appropriate, representations
from the Participant that the Participant is acquiring the Shares solely for investment and not
with a view to distribution and that no distribution of the Shares acquired by the Participant will
be made unless registered pursuant to applicable federal and state securities laws or unless, in
the opinion of counsel to the Company, such registration is unnecessary.

     7.3 Requirements in the Event of a Disposition of Incentive Stock Option Shares. Any
Participant, or person representing such Participant, who sells, exchanges, transfers or otherwise
disposes of any Shares acquired pursuant to the exercise of an Incentive Stock Option within two
(2) years following the grant of such Incentive Stock Option or within one (1) year following the
actual transfer of such Shares to the Participant, shall be obligated to notify the Company in
writing of the date of disposition,

22

 

the number of Shares so disposed and the amount of consideration received as a result of such
disposition. The Company shall have the right to take whatever reasonable action it deems
appropriate against a Participant, including early termination of any Options which remain
outstanding, in order to recover any additional taxes the Company incurs as a result of such
Participant failure to so notify the Company.

     7.4. Legend. All certificates for Shares purchased upon the exercise of an Incentive
Stock Option may bear a legend indicating that such Shares were issued pursuant to an Incentive
Stock Option grant.

SECTION 8

TERMINATION, AMENDMENT AND MODIFICATION OF PLAN

     8.1 Board Termination, Amendment and Modification of Plan. The Board shall have
complete power and authority to amend the Plan at any time; provided, however, that the Board shall
not, without the affirmative approval of stockholders of the Company, make any amendment that
materially modifies the Plan by increasing the benefits accrued to Participants under the Plan,
increasing the number of securities that may be issued under the Plan, modifying the requirements
for participation in the Plan, including a provision allowing the Board to lapse or waive
restrictions at its discretion, or that requires stockholder approval under the Code, unless such
compliance is no longer desired under the Code, or under any other applicable law or rule of any
stock exchange on which Shares or other securities of the Company are traded. No termination or
amendment of the Plan may adversely affect the right of any Participant with respect to any Award
previously granted under the Plan without the prior written consent of the Participant.
Notwithstanding anything to the contrary, the Board shall be entitled to adjust the Option Price
with respect to any outstanding Option or Stock Appreciation Right at any time provided that the
Participant shall so consent, subject to the approval of the stockholders of the Company if the
modification reduces the Option Price (except for any reduction of the Option Price pursuant to the
provisions of Section 5.2 hereof).

     8.2 Plan Termination. Unless terminated earlier as provided in Section 8.1, this Plan
shall terminate ten (10) years from the date this Plan is adopted by the Board and no Award shall
be granted under this Plan after such expiration date. Termination of this Plan shall not alter or
impair any of the rights or obligations under any Award theretofore granted under this Plan unless
the Participant shall so consent.

     8.3 Effect of Termination, Amendment or Modification of Plan. Notwithstanding Sections
8.1 and 8.2, no termination, amendment or modification of this Plan shall in any manner affect any
Award theretofore granted under this Plan without the written consent of the Participant or a
person who shall have acquired the right to the Award by will or the laws of descent and
distribution.

23

 

SECTION 9

MISCELLANEOUS

     9.1 Non-Assignability of Awards. No Award shall be assignable or transferable by the
Participant except pursuant to Section 6.6 hereof.

     9.2 Leaves of Absence. Unless the Administrator determines otherwise, the vesting of
an Award granted under this Plan shall not be tolled during any unpaid leave of absence taken by a
Participant.

     9.3 No Rights to Employment or Provide Service. Nothing in this Plan or in any Award
granted hereunder or in any Award Agreement relating thereto shall confer upon any individual the
right to continue employment with or to provide service to the Employer Company or service as a
member of the Board.

     9.4 Purchase Offer. The Administrator may offer to purchase, for cash or Shares, any
Award granted hereunder and such offer to purchase any Award shall be on such terms and conditions
as the Administrator establishes and communicates to the Participant at the time the offer is
extended to the Participant.

     9.5 Binding Effect. This Plan shall be binding upon the successors and assigns of the
Company.

     9.6 Singular, Plural, Gender. Whenever used herein, except where the context clearly
indicates to the contrary, nouns in the singular shall include the plural, and the masculine
pronoun shall include the feminine gender.

     9.7 Headings. Headings of the Sections hereof are inserted for convenience and
reference and constitute no part of this Plan.

     9.8 Effective Date; Ratification by Stockholders. The terms of this Plan shall become
effective upon the approval of the stockholders of the Company, by a majority of the votes cast at
a meeting held within 12 months after the date on which this Plan received Board approval. If this
Plan is not duly approved by the Company’s stockholders, this Plan shall become null and void and
of no force or effect.

     9.9 Rights as Stockholder. Any Participant or transferee of an Award shall have no
rights as a stockholder with respect to any Shares subject to such Award prior to the date on which
the Participant becomes entitled to receive unrestricted Shares or exercise Options or Stock
Appreciation Rights pursuant to the Plan, as provided herein.

     9.10 Applicable Law. This Plan and the Awards granted hereunder shall be interpreted,
administered and otherwise subject to the laws of the State of Delaware, without giving effect to
the principles of conflict of laws thereof.

     9.11 Reports. The Company will comply with all applicable reporting and tax
requirements applicable to Awards under the Code.

24exv10w1

Exhibit 10.1

EXECUTION VERSION

REGISTRATION RIGHTS AGREEMENT

     This Registration Rights Agreement (this “Agreement”) is made and entered into as of
March 5, 2010, by and among PostRock Energy Corporation, a Delaware corporation (together with any
successor entity thereto, the “Company”), and each of the stockholders listed on the
signature pages hereto, each of which is referred to in this Agreement as a “Stockholder”.

RECITALS

     WHEREAS, pursuant to the Agreement and Plan of Merger dated as of July 2, 2009, among the
Company, Quest Resource Corporation, a Nevada corporation (“QRC”), Quest Midstream
Partners, L.P., a Delaware limited partnership (“QMLP”), Quest Energy Partners, L.P., a
Delaware limited partnership (“QELP”), Quest Midstream GP, LLC, a Delaware limited
liability company, Quest Energy GP, LLC, a Delaware limited liability company, Quest Resource
Acquisition Corp., a Delaware corporation, Quest Energy Acquisition, LLC, a Delaware limited
liability company, Quest Midstream Holdings Corp., a Delaware corporation, and Quest Midstream
Acquisition, LLC, a Delaware limited liability company (as it may be amended from time to time, the
“Merger Agreement”), QELP, QMLP and QRC will each become wholly-owned subsidiaries of the
Company;

     WHEREAS, in connection with the mergers contemplated by the Merger Agreement, the Stockholders
are to receive shares of common stock, par value $0.01 per share, of the Company (“Common
Stock”);

     WHEREAS, the Stockholders and the Company desire to enter into an agreement regarding the
rights of the Stockholders to cause the Company to register the Common Stock issued to the
Stockholders pursuant to the Merger Agreement; and

     WHEREAS, the parties intend that this Agreement supersede the Registration Rights Agreement
dated December 20, 2006 between QMLP and certain of the Stockholders, as amended (the “Prior
Registration Rights Agreement”);

     NOW, THEREFORE, in consideration of the mutual covenants, representations, warranties and
agreements contained herein, and of other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, and intending to be legally bound hereby, the parties
hereto hereby agree as follows:

1. DEFINITIONS.

     As used in this Agreement, the following terms shall have the following meanings:

     Affiliate: As to any specified Person, (i) any Person beneficially owning ten percent or more
of the outstanding voting securities of such other Person, (ii) any Person ten percent or more of
whose outstanding voting securities are beneficially owned by such other Person, or (iii) any
Person directly or indirectly controlling, controlled by or under common control with such other
Person.

 

 

     Agreement: As defined in the preamble.

     Alerian: As defined in Section 2(a)(i).

     Business Day: With respect to any act to be performed hereunder, each Monday, Tuesday,
Wednesday, Thursday and Friday that is not a day on which banking institutions in New York, New
York or other applicable places where such act is to occur are authorized or obligated by
applicable law, regulation or executive order to close.

     Closing Date: March 5, 2010, the date on which the transactions contemplated by the Merger
Agreement are consummated.

     Closing Price: The closing price of the Common Stock on the first trading day that the Common
Stock trades on the Nasdaq Stock Market (subject to appropriate adjustments for any subdivision or
combination of Registrable Securities after such date).

     Commission: The Securities and Exchange Commission.

     Common Stock: As defined in the preamble.

     Company: As defined in the preamble.

     Controlling Person: As defined in Section 6(a).

     Conversion Securities: As defined in Section 8(e).

     Effectiveness Period: As defined in Section 2(a)(i).

     End of Suspension Notice: As defined in Section 5(b).

     Exchange Act: The Securities Exchange Act of 1934, as amended, and the rules and regulations
promulgated by the Commission pursuant thereto.

     Failure Date: As defined in Section 2(b)(v).

     Holder: Each Stockholder or assignee thereof in accordance with Section 8(d) who is a record
owner of any Registrable Securities.

     Indemnified Party: As defined in Section 6(c).

     Indemnifying Party: As defined in Section 6(c).

     Issuer Free Writing Prospectus: As defined in Section 4(d).

     Liabilities: As defined in Section 6(a).

     Liquidated Damages Amount: An amount equal to 0.25% of the Liquidated Damages Multiplier per
30-day period for the first 60 days, increasing by an additional 0.25% of the Liquidated Damages
Multiplier per 30-day period for each subsequent 60 days, up to a

2

 

maximum of 1.0% of the Liquidated Damages Multiplier per 30-day period (subject to appropriate
adjustments for any subdivision or combination of Common Stock after the date hereof). The
Liquidated Damages Amount for any period of less than 30 days shall be prorated by multiplying the
Liquidated Damages Amount to be paid in a full 30-day period by a fraction, the numerator of which
is the number of days for which such liquidated damages are owed, and the denominator of which is
30.

     Liquidated Damages Multiplier: A dollar amount equal to the product of (a) the number of
Registrable Securities then held by such Holder and (b) the Closing Price.

     Merger Agreement: As defined in the preamble.

     Notice: As defined in Section 2(a)(i).

     Person: An individual, partnership, corporation, limited liability company, trust,
unincorporated organization, government or agency or political subdivision thereof, or any other
legal entity.

     Piggyback Registration Statement: As defined in Section 2(c).

     Proceeding: An action, claim, suit or proceeding (including without limitation, an
investigation or partial proceeding, such as a deposition), whether commenced or, to the knowledge
of the Person subject thereto, threatened.

     Prospectus: The prospectus included in any Registration Statement, including any preliminary
prospectus, and all other amendments and supplements to any such prospectus, including
post-effective amendments, and all material incorporated by reference or deemed to be incorporated
by reference, if any, in such prospectus.

     Purchaser Indemnitee: As defined in Section 6(a).

     QELP: As defined in the preamble.

     QMLP: As defined in the preamble.

     QRC: As defined in the preamble.

     Registrable Securities: The Common Stock issued to the Stockholders pursuant to the Merger
Agreement and any securities issued in respect of such Registrable Securities by reason of or in
connection with any dividend, distribution, split, purchase in any rights offering or in connection
with any exchange for or replacement of such Registrable Securities or any combination of
securities, recapitalization, merger or consolidation, or any other equity securities issued
pursuant to any other pro rata distribution with respect to the Common Stock until, with respect to
such Registrable Security, the earliest to occur of (i) the date on which it has been first
registered effectively pursuant to the Securities Act and disposed of in accordance with the
Registration Statement relating to it, (ii) the date on which either it is distributed to the
public pursuant to Rule 144 (or any similar provision then in effect) or, in the opinion of counsel
to the Company, is eligible for sale pursuant to Rule 144 in a single sale without any limitation
as to

3

 

volume, manner of sale or current public information with respect to the Company, (iii) the
date on which the Holder of such Registrable Security beneficially owns less than one percent of
the total number of shares of Common Stock outstanding, or (iv) the date on which it is sold to the
Company.

     Registration Expenses: Any and all expenses incident to the performance of or compliance by
the Company with this Agreement, including, without limitation: (i) all Commission, securities
exchange, listing, inclusion and filing fees, (ii) all fees and expenses incurred in connection
with compliance with international, federal or state securities or blue sky laws (including,
without limitation, any registration, listing and filing fees and reasonable fees and disbursements
of counsel in connection with blue sky qualification of any of the Registrable Securities and the
preparation of a blue sky memorandum), (iii) all expenses in preparing or assisting in preparing,
word processing, duplicating, printing, delivering and distributing any Registration Statement, any
Prospectus, any amendments or supplements thereto, any underwriting agreements, securities sales
agreements, certificates and any other documents relating to the performance under and compliance
with this Agreement, (iv) all fees and expenses incurred in connection with the listing or
inclusion of any of the Registrable Securities on any securities exchange or inter-dealer quotation
system pursuant to Section 4(a)(xi) of this Agreement, (v) the fees and disbursements of counsel
for the Company and of the independent public accountants of the Company (including, without
limitation, the expenses of any special audit and “comfort” letters required by or incident to such
performance), and (vi) all “road show” expenses; provided, however, that Registration Expenses
shall exclude brokers’ or underwriters’ discounts and commissions, if any, fees and expenses of
counsel for the Holders, and all transfer taxes relating to the sale or disposition of Registrable
Securities by a Holder.

     Registration Statement: Any registration statement of the Company that covers the resale of
Registrable Securities pursuant to the provisions of this Agreement, including the Prospectus,
amendments and supplements to such registration statement or Prospectus, including pre- and
post-effective amendments, all exhibits thereto and all material incorporated by reference or
deemed to be incorporated by reference, if any, in such registration statement.

     Resale Registration Statement: As defined in Section 2(a)(i).

     Rule 144: Rule 144, and any of its referenced paragraphs, promulgated by the Commission
pursuant to the Securities Act, as such rule may be amended from time to time, or any similar rule
or regulation hereafter adopted by the Commission as a replacement thereto having substantially the
same effect as such rule.

     Rule 158: Rule 158 promulgated by the Commission pursuant to the Securities Act, as such rule
may be amended from time to time, or any similar rule or regulation hereafter adopted by the
Commission as a replacement thereto having substantially the same effect as such rule.

     Rule 415: Rule 415 promulgated by the Commission pursuant to the Securities Act, as such rule
may be amended from time to time, or any similar rule or regulation hereafter adopted by the
Commission as a replacement thereto having substantially the same effect as such rule.

4

 

     Rule 424: Rule 424 promulgated by the Commission pursuant to the Securities Act, as such rule
may be amended from time to time, or any similar rule or regulation hereafter adopted by the
Commission as a replacement thereto having substantially the same effect as such rule.

     Rule 457: Rule 457 promulgated by the Commission pursuant to the Securities Act, as such rule
may be amended from time to time, or any similar rule or regulation hereafter adopted by the
Commission as a replacement thereto having substantially the same effect as such rule.

     Securities Act: The Securities Act of 1933, as amended, and the rules and regulations
promulgated by the Commission thereunder.

     Stockholder: As defined in the preamble.

     Suspension Event: As defined in Section 5(b).

     Suspension Notice: As defined in Section 5(b).

     Swank: As defined in Section 2(a)(i).

     Tortoise: As defined in Section 2(a)(i).

     Underwritten Offering: A sale of securities of the Company to an underwriter or underwriters
for reoffering to the public.

     WKSI: As defined in Section 2(b)(v).

2. REGISTRATION RIGHTS

     (a) Mandatory Resale Registration.

     (i) At any time on or after the date that is 90 days after the Closing Date, upon the
written request (a “Notice”) of any of (a) Alerian Opportunity Partners IV, LP,
Alerian Opportunity Partners IX, L.P., Alerian Focus Partners, LP and Alerian Capital
Partners, LP (collectively, “Alerian”), (b) Swank MLP Convergence Fund, LP, Swank
Investment Partners, LP, The Cushing MLP Opportunity Fund I, LP, The Cushing GP Strategies
Fund, LP and Bel Air MLP Energy Infrastructure Fund, LP (collectively, “Swank”), (c)
Tortoise Capital Resources Corporation and Tortoise North American Energy Corporation
(collectively, “Tortoise”), or (d) the Holders of a majority of the then outstanding
Registrable Securities, the Company shall file with the Commission as soon as reasonably
practicable following the Notice (but in no event later than the date that is 90 days after
the Notice) a shelf Registration Statement on Form S-1 or such other form under the
Securities Act then available to the Company, including Form S-3, providing for the resale
of any Registrable Securities pursuant to Rule 415 from time to time by the Holders (a
“Resale Registration Statement”). The Company shall use its commercially reasonable
efforts to cause such Resale Registration Statement to be declared effective by the
Commission within 210 days after the initial filing of the Resale Registration Statement,
provided that sales pursuant to the Resale Registration Statement shall be subject to the
restrictions in Section 2(d)(iv) to the extent applicable. Any Resale

5

 

Registration Statement shall provide for the resale from time to time, and pursuant to
any method or combination of methods legally available by the Holders of any and all
Registrable Securities. Subject to the other provisions of this Agreement, the Company
shall cause the Resale Registration Statement filed pursuant to this Section 2(a)(i) to be
continuously effective, supplemented and amended to the extent necessary to ensure that it
is available for the resale of all Registrable Securities by the Holders and that it
conforms in all material respects to the requirements of the Securities Act during the
entire period beginning on the date the Resale Registration Statement is first declared
effective under the Securities Act and ending on the date on which all Registrable
Securities have ceased to be Registrable Securities (the “Effectiveness Period”).

     (ii) Amendment on Form S-3 to Registration Statement on Form S-1. If the
Resale Registration Statement filed pursuant to Section 2(a)(i) is on Form S-1, the Company
may, at any time it is eligible to do so, file a post-effective amendment on Form S-3 to the
Resale Registration Statement on Form S-1 for the resale of any then existing Registrable
Securities or in any such other manner as is preferred or permitted by the Commission to
convert the Resale Registration Statement on Form S-1 to a Resale Registration Statement on
Form S-3. Upon the effectiveness of the Resale Registration Statement on Form S-3, all
references to the Resale Registration Statement in this Agreement shall then automatically
be deemed to be a reference to the Resale Registration Statement on Form S-3.

     (b) Delay in Effectiveness of Resale Registration Statement; Certain Suspensions.

     (i) If the Company fails to file the Resale Registration Statement with the Commission
within the period specified in Section 2(a)(i), then each Holder will be entitled to a
payment, as liquidated damages and not a penalty, of the Liquidated Damages Amount but only
with respect to the Registrable Securities then held by such Holder and not included in an
effective Registration Statement, for a period beginning on the day after the deadline for
filing the Resale Registration Statement and lasting until such time as the Resale
Registration Statement is filed.

     (ii) If the Resale Registration Statement does not become or is not declared effective
within the period specified in Section 2(a)(i), then each Holder will be entitled to a
payment, as liquidated damages and not a penalty, of the Liquidated Damages Amount but only
with respect to the Registrable Securities then held by such Holder and not included in an
effective Registration Statement, for the period beginning on the day after such deadline
for effectiveness of the Resale Registration Statement and lasting until such time as the
Resale Registration Statement is declared effective.

     (iii) If the Holders shall be prohibited from selling their Registrable Securities
under the Resale Registration Statement as a result of a Suspension Notice given by the
Company in accordance with Section 5 for a period in excess of the periods permitted
therein, then each Holder will be entitled to a payment, as liquidated damages and not as a
penalty, of the Liquidated Damages Amount for a period beginning on the first date upon
which the suspension period exceeded the permitted period and lasting to but

6

 

excluding the day an End of Suspension Notice is delivered by the Company in accordance
with Section 5(b).

     (iv) If the Resale Registration Statement is filed and declared effective but, during
the Effectiveness Period, shall thereafter cease to be effective or fail to be usable for
the resale of Registrable Securities in accordance with this Agreement, except as permitted
in Section 5 (the “Failure Date”), then each Holder will be entitled to a payment,
as liquidated damages and not as a penalty, of the Liquidated Damages Amount for a period
beginning on the Failure Date and lasting to but excluding the day a post-effective
amendment is declared effective by the Commission or supplement or report is filed with the
Commission which results in the Resale Registration Statement again being useable for the
resale of Registrable Securities in accordance with this Agreement, unless the Company shall
cure such failure of such Resale Registration Statement to be effective or usable within 10
days after such Liquidated Damages Amount begins accruing hereunder, in which event no
Liquidated Damages Amount shall be payable as a result of such failure.

     (v) The aggregate Liquidated Damages Amount payable to each Holder shall be paid to
each Holder in immediately available funds within 10 Business Days after the end of each
applicable 30-day period. Any payments pursuant to this Section 2(b)(vii) shall constitute
the Holders’ exclusive remedy for such events; provided, however, if the Company certifies
that it is unable to pay aggregate Liquidated Damages Amount in cash or immediately
available funds because such payment would result in a breach under any of the Company’s
credit facilities or other indebtedness filed as exhibits to the Company’s reports
filed under the Securities Act or the Exchange Act, then the Company may pay the aggregate
Liquidated Damages Amount in kind in the form of the issuance of additional shares of Common
Stock. Upon any issuance of shares of Common Stock as liquidated damages, the Company shall
promptly prepare and file an amendment to the Resale Registration Statement prior to its
effectiveness to include such shares of Common Stock issued as liquidated damages as
additional Registrable Securities. If shares of Common Stock are issued as liquidated
damages after the Resale Registration Statement has been declared effective, the Company
shall have no obligation to prepare and file a post-effective amendment to the Resale
Registration Statement to include such shares nor shall the Company be obligated in any way
to file a new registration statement for such shares; however if the Company is a well-known
seasoned issuer (as defined in the rules and regulations of the Commission)
(“WKSI”), the Company shall follow the procedures below in Section (c)(i) with
respect to notice and offer to include such shares in a Piggyback Registration Statement.
Holders shall not be entitled to Liquidated Damages with respect to any shares issued as
Liquidated Damages. The determination of the number of shares of Common Stock to be issued
as the aggregate Liquidated Damages Amount shall be equal to the aggregate Liquidated
Damages Amount divided by the average of the closing sale price per share for the Common
Stock (or if the Common Stock is not listed or traded on a national securities exchange, the
average of the last reported bid and ask prices per share) for each of the 10 consecutive
trading days ending on the trading day immediately preceding such date of determination.

7

 

     (c) Public Offering.

     (i) If the Company proposes to file (i) a registration statement on Form S-1 or such
other form under the Securities Act providing for the public offering of Common Stock for
its own account for sale to the public in an Underwritten Offering, excluding the Resale
Registration Statement, a registration statement on Form S-4 or Form S-8 promulgated under
the Securities Act (or any successor forms thereto), a registration statement for the sale
of Common Stock issued upon conversion of debt securities or any other form not available
for registering the Registrable Securities for sale to the public, or (ii) if the Company is
a WKSI at such time or, whether or not the Company is a WKSI, so long as the Registrable
Securities were previously included in the underlying shelf Registration Statement or are
included on an effective Resale Registration Statement, a prospectus supplement to an
effective shelf Registration Statement with respect to an Underwritten Offering of Common
Stock for its own account, the Company will notify each Holder of the proposed filing and
afford each Holder an opportunity to include in the such Registration Statement (the
“Piggyback Registration Statement”) all or any part of the Registrable Securities
then held by such Holder. Each Holder desiring to include in the Piggyback Registration
Statement all or part of the Registrable Securities held by such Holder shall, within ten
(10) days after receipt of the above-described notice from the Company in the case of a
filing of a Registration Statement and within two (2) Business Days after the day of receipt
of the above-described notice from the Company in the case of a filing of a prospectus
supplement to an effective shelf Piggyback Registration Statement with respect to an
Underwritten Offering, so notify the Company in writing, and in such notice shall inform the
Company of the number of Registrable Securities such Holder wishes to include in the
Piggyback Registration Statement and provide the Company with such information with respect
to such Holder as shall be reasonably necessary in order to assure compliance with federal
and applicable state securities laws. Any election by any Holder to include any Registrable
Securities in the Piggyback Registration Statement will not affect the inclusion of such
Registrable Securities in the Resale Registration Statement until such Registrable
Securities have been sold under the Piggyback Registration Statement.

     (ii) Right to Terminate Registration. The Company shall have the right, in its
sole discretion, to terminate or withdraw the Piggyback Registration Statement initiated by
it referred to in this Section 2(c) prior to the effectiveness of such registration (or
pricing in the event of an Underwritten Offering pursuant to an effective shelf Registration
Statement) whether or not any Holder has elected to include Registrable Securities in such
registration.

     (iii) Resale Registration not Impacted by Piggyback Registration Statement.
The Company’s obligation to file the Resale Registration Statement pursuant to Section
2(a)(i) shall not be affected by the filing or effectiveness of the Piggyback Registration
Statement.

8

 

     (d) Underwriting.

     (i) Resale Registration. In the event that one or more Holders elect to dispose
of Registrable Securities under the Resale Registration Statement pursuant to an
Underwritten Offering and such Holders reasonably anticipate gross proceeds from such
Underwritten Offering of at least $20,000,000, in the aggregate, the Company shall take all
such reasonable actions as are requested by the managing underwriter in order to expedite
and facilitate the registration and disposition of the Registrable Securities, including the
Company causing appropriate officers of the Company or its Affiliates to participate in a
“road show” or similar marketing effort being conducted by such managing underwriter with
respect to such Underwritten Offering, provided that the Company shall not be required to
cause appropriate officers of the Company or its Affiliates to participate in a “road show”
or similar marketing effort being conducted by such managing underwriter with respect to
such Underwritten Offering unless such Holders reasonably anticipate gross proceeds from
such Underwritten Offering of at least $30,000,000, and provided, further, that the Company
shall not be required to cause appropriate officers of the Company or its Affiliates to
participate in a “road show” with respect to Underwritten Offerings under Resale
Registration Statements more than once in any six-month period.

     (ii) Piggyback Registration. If the Registration Statement (or prospectus
supplement with respect to an Underwritten Offering pursuant to an effective shelf
Registration Statement) under which the Company gives notice under Section 2(c) is for an
Underwritten Offering, the Company shall so advise the Holders of Registrable Securities.
Notwithstanding any other provision of this Agreement, if the managing underwriter(s)
determine(s) in good faith that marketing factors require a limitation on the number of
securities to be included, then the managing underwriter(s) may exclude securities
(including Registrable Securities) from the Piggyback Registration Statement and
Underwritten Offering, and any securities included in such Piggyback Registration Statement
and Underwritten Offering shall be allocated first, to the Company, and second, to each of
the Holders requesting inclusion of their Registrable Securities in such Piggyback
Registration Statement and other holders of securities of the Company (on a pro rata basis
based on the total number of shares of Common Stock then held by each such Holder of Common
Stock who is requesting inclusion).

     (iii) General Procedures. The right of any such Holder’s Registrable Securities
to be included in a Resale Registration Statement pursuant to Section 2(d)(i) or a Piggyback
Registration Statement pursuant to Section 2(d)(ii) shall be conditioned upon such Holder’s
participation in such underwriting and the inclusion of such Holder’s Registrable Securities
in the underwriting to the extent provided herein. All Holders proposing to distribute
their Registrable Securities through such underwriting shall enter into an underwriting
agreement in customary form with the managing underwriter(s) selected for such underwriting
and complete and execute any questionnaires, powers of attorney, indemnities, securities
escrow agreements and other documents reasonably required under the terms of such
underwriting, and furnish to the Company such information as the Company may reasonably
request in writing for inclusion in the Piggyback Registration Statement or Resale
Registration Statement, as the case may be;

9

 

provided, however, that no Holder shall be required to make any representations or
warranties to or agreements with the Company or the underwriters other than representations,
warranties or agreements regarding such Holder, its holdings and such Holder’s intended
method of distribution and any other representation required by law.

     (iv) Market Stand-Off. Regardless of whether a Holder elects to include
Registrable Securities in an Underwritten Offering, each Holder of Registrable Securities
hereby agrees that it shall not, to the extent requested by the Company or an underwriter of
securities of the Company, directly or indirectly sell, offer to sell (including without
limitation any short sale or hedging or similar transaction with the same economic effect as
a sale), grant any option or otherwise transfer or dispose of any Registrable Securities or
other securities of the Company or any securities convertible into or exchangeable or
exercisable for Common Stock of the Company then owned by such Holder (other than to donees,
partners or members of the Holder who agree to be similarly bound) for a period not to
exceed 90 days following the effective date of a registration statement for an Underwritten
Offering or the date of a prospectus supplement filed with the Commission with respect to
the pricing of an Underwritten Offering, other than the sale or distribution of Registrable
Securities in such Underwritten Offering; provided, however, that:

     (A) such period shall in no event be greater than that which applies to
executive officers and directors of the Company; and

     (B) the Holders shall be allowed any concession or proportionate release
allowed to any of the Company’s officers or directors that entered into similar
agreements (with such proportion being determined by dividing the number of shares
of Common Stock being released with respect to such officer or director by the total
number of issued and outstanding shares of Common Stock held by such officer or
director).

In order to enforce the foregoing covenant, the Company shall have the right to impose stop
transfer instructions with respect to the Registrable Securities and such other securities of each
Holder (and the securities of every other Person subject to the foregoing restriction) until the
end of such period.

     (v) Withdrawal. If any Holder disapproves of the terms of an Underwritten
Offering, such Holder may elect to withdraw therefrom by written notice to the Company and
the managing underwriter delivered (i) prior to the commencement of any marketing efforts
for the Underwritten Offering or (ii) at any time up to and including the time of pricing of
the Underwritten Offering if the price to the public at which the Registrable Securities are
proposed to be sold is less than 95% of the average of the closing sale price per share for
the Common Stock (or if the Common Stock is not listed or traded on a national securities
exchange, the average of the last reported bid and ask prices per share) for each of the 10
consecutive trading days ending on the trading day immediately preceding the fourth trading
day prior to commencement of the marketing efforts for the Underwritten Offering.

10

 

The Holder may agree to waive this right to withdraw with the Company, the underwriters or
any custodial agent in any custody agreement and/or power of attorney executed by such
Holder in connection with the underwriting. Any Registrable Securities excluded or
withdrawn from such underwriting shall be excluded and withdrawn from such Registration
Statement. No such withdrawal shall affect the Company’s obligation to pay all Registration
Expenses, as described in Section 2(e) below.

     (vi) Selection of Underwriter. In connection with any Underwritten Offering
under Section 2(d)(i) or 2(d)(ii), the Board of Directors of the Company shall have the sole
right to select the managing underwriter(s) for each Underwritten Offering, each of which
shall be a nationally recognized firm. The Company shall advise all Holders of the managing
underwriter(s) for each proposed Underwritten Offering.

     (e) Expenses. The Company shall pay all Registration Expenses in connection with the
registration of the Registrable Securities pursuant to this Agreement. Each Holder participating
in a registration pursuant to this Section 2 shall pay all transfer taxes payable by such Holder
and bear such Holder’s proportionate share (based on the total number of Registrable Securities
sold in such registration) of all discounts and commissions payable to underwriters or brokers in
connection with a registration of Registrable Securities pursuant to this Agreement.

3. RULE 144 REPORTING.

     With a view to making available the benefits of certain rules and regulations of the
Commission that may at any time permit the sale of the Registrable Securities to the public without
registration, the Company agrees to:

     (a) use commercially reasonable efforts to make and keep available adequate current public
information, as those terms are understood and defined in Rule 144, at all times after the Closing
Date;

     (b) use commercially reasonable efforts to file with the Commission in a timely manner all
reports and other documents required to be filed by the Company under the Securities Act and the
Exchange Act (at any time that it is subject to such reporting requirements); and

     (c) so long as a Holder owns any Registrable Securities, to furnish to the Holder promptly
upon request (i) a written statement by the Company as to its compliance with the reporting
requirements of Rule 144 (at any time 90 days after the Closing Date) and of the Securities Act and
the Exchange Act, and (ii) such other reports and documents of the Company as a Holder may
reasonably request and that are not otherwise publicly filed with the Commission or available on
the Company’s website in availing itself of any rule or regulation of the Commission allowing a
Holder to sell any such Registrable Securities without registration.

4. REGISTRATION PROCEDURES.

     (a) In connection with the obligations of the Company with respect to any registration
pursuant to this Agreement, (x) the Company shall use its commercially reasonable efforts to effect
or cause to be effected the registration of the Registrable Securities under the Securities

11

 

Act to permit the sale of such Registrable Securities by the Holder or Holders in accordance
with the Holder’s or Holders’ intended method or methods of distribution, and (y) the Company
shall:

     (i) Prepare and file with the Commission a Registration Statement and use its
commercially reasonable efforts to cause such Registration Statement to become effective as
soon as practicable after filing and to remain effective, subject to Section 2(c)(ii) and
Section 5, until there are no Registrable Securities outstanding;

     (ii) subject to Section 4(a)(vii), and Section 5, (1) prepare and file with the
Commission such amendments and post-effective amendments to each such Registration Statement
as may be necessary to keep such Registration Statement effective for the period described
in Section 4(a)(i); (2) cause each Prospectus contained therein to be supplemented by any
required Prospectus supplement, and as so supplemented to be filed pursuant to Rule 424 or
any similar rule that may be adopted under the Securities Act; and (3) amend or supplement
each such Registration Statement to include the Company’s quarterly and annual financial
information and other material developments (until the Company is eligible to incorporate
such information by reference into the Registration Statement), during which time sales of
the Registrable Securities under the Registration Statement will be suspended until such
amendment or supplement is filed and, in the case of an amendment, is effective;

     (iii) furnish to the Holders, without charge, as many copies of each Prospectus,
including each preliminary Prospectus, if any, and any amendment or supplement thereto and
such other documents as such Holder may reasonably request, in order to facilitate the
public sale or other disposition of the Registrable Securities;

     (iv) use its commercially reasonable efforts to register or qualify, or obtain
exemption from registration or qualification for, all Registrable Securities by the time the
applicable Registration Statement is declared effective by the Commission under all
applicable state securities or blue sky laws of such jurisdictions in the United States as
any Holder of Registrable Securities covered by a Registration Statement shall reasonably
request in writing, keep each such registration or qualification or exemption effective
during the period such Registration Statement is required to be kept effective pursuant to
Section 4(a)(i) and do any and all other acts and things that may be reasonably necessary or
advisable to enable such Holder to consummate the disposition in each such jurisdiction of
such Registrable Securities owned by such Holder; provided, however, that the Company shall
not be required to (1) qualify generally to do business in any jurisdiction or to register
as a broker or dealer in such jurisdiction where it would not otherwise be required to
qualify but for this Section 4(a)(iv) and except as may be required by the Securities Act,
(2) subject itself to taxation in any such jurisdiction, or (3) submit to the general
service of process in any such jurisdiction;

     (v) notify each Holder promptly and, if requested by any Holder, confirm such advice in
writing (1) when a Registration Statement has become effective and when any post-effective
amendments and supplements thereto become effective, (2) of the issuance by the Commission
or any state securities authority of any stop order suspending the effectiveness of a
Registration Statement or the initiation of any proceedings for that

12

 

purpose, (3) of any request by the Commission or any other federal, state or foreign
governmental authority for amendments or supplements to a Registration Statement or related
Prospectus or for additional information, and (4) of the happening of any event during the
period a Registration Statement is effective as a result of which such Registration
Statement or the related Prospectus or any document incorporated by reference therein
contains any untrue statement of a material fact or omits to state any material fact
required to be stated therein or necessary to make the statements therein not misleading
(which notice may be in the form of a Suspension Notice under Section 5(b));

     (vi) except as provided in Section 5, use commercially reasonable efforts to obtain the
withdrawal of any order enjoining or suspending the use or effectiveness of a Registration
Statement or suspending of the qualification (or exemption from qualification) of any of the
Registrable Securities for sale in any jurisdiction, as promptly as reasonably practicable;

     (vii) except as provided in Section 5, upon the occurrence of any event contemplated by
Section 4(a)(v)(4), use its commercially reasonable efforts to promptly prepare a supplement
or post-effective amendment to a Registration Statement or the related Prospectus or any
document incorporated therein by reference or file any other required document so that, as
thereafter delivered to the purchasers of the Registrable Securities, such Prospectus will
not contain any untrue statement of a material fact or omit to state a material fact
required to be stated therein or necessary in order to make the statements therein, in light
of the circumstances under which they were made, not misleading;

     (viii) in the case of an Underwritten Offering, use its commercially reasonable efforts
to furnish to the underwriters a signed counterpart, addressed to the underwriters, of: (1)
an opinion of counsel for the Company, dated the date of each closing under the underwriting
agreement, in customary form and reasonably satisfactory to the underwriters, and (2) a
“comfort” letter, dated the date of the final prospectus supplement for such offering or, if
there is no prospectus supplement, the effective date of such Registration Statement and the
date of each closing under the underwriting agreement, signed by the independent registered
public accounting firm that has certified the Company’s financial statements included in
such Registration Statement, covering substantially the same matters with respect to such
Registration Statement (and the Prospectus included therein) and with respect to events
subsequent to the date of such financial statements, as are customarily covered in
accountants’ letters delivered to underwriters in underwritten public offerings of
securities and such other financial matters as the underwriters may reasonably request;

     (ix) in the case of an Underwritten Offering, enter into an underwriting agreement in
customary form with the underwriters and take all other action required thereunder in order
to expedite or facilitate the distribution of the Registrable Securities included in such
Registration Statement and make representations and warranties to the underwriters in such
form and scope as are customarily made by issuers to underwriters in such underwritten
offerings and confirm the same to the extent customary if and when requested;

13

 

     (x) make available for inspection by representatives of the Holders and the
representative of any underwriters participating in any disposition pursuant to a
Registration Statement and any special counsel or accountants retained by such Holders or
underwriters, all financial and other records, pertinent corporate documents and properties
of the Company and cause the respective officers, directors and employees of the Company to
supply all information reasonably requested by any such representatives, the representative
of the underwriters, counsel thereto or accountants in connection with a Registration
Statement; provided, however, that such records, documents or information that the Company
determines, in good faith, to be confidential and notifies such representatives,
representative of the underwriters, counsel thereto or accountants are confidential shall
not be disclosed by the representatives, representative of the underwriters, counsel thereto
or accountants unless (1) the disclosure of such records, documents or information is
necessary to avoid or correct a misstatement or omission in a Registration Statement or
Prospectus, (2) the release of such records, documents or information is ordered pursuant to
a subpoena or other order from a court of competent jurisdiction, or (3) such records,
documents or information have been generally made available to the public;

     (xi) if the Company is then publicly listed or traded, use its commercially reasonable
efforts to list or include all Registrable Securities on the primary national securities
exchange or inter-dealer quotation system on which similar securities issued by the Company
are then listed or traded, or if the Company is not then publicly listed but the Company
meets the criteria for listing on such exchange or market, use its commercially reasonable
efforts to list or include the Common Stock on the New York Stock Exchange, the Nasdaq
Global Market or the Nasdaq Global Select Market (as soon as practicable), as selected by
the Company, including seeking to cure in its listing or inclusion application any
deficiencies cited by the exchange or market, and thereafter maintain the listing on such
exchange;

     (xii) prepare and file all documents and reports required by the Exchange Act and, to
the extent the Company’s obligation to file such reports pursuant to Section 15(d) of the
Exchange Act expires prior to the expiration of the effectiveness period of the Registration
Statement as required by Section 4(a)(i), the Company shall voluntarily file such reports
pursuant to Section 15(d) of the Exchange Act through the effectiveness period required by
Section 4(a)(i);

     (xiii) provide a CUSIP number for all Registrable Securities, not later than the
effective date of the Registration Statement;

     (xiv) (1) otherwise use its commercially reasonable efforts to comply with all
applicable rules and regulations of the Commission, and (2) make generally available to its
securityholders, as soon as reasonably practicable, earnings statements covering at least 12
months that satisfy the provisions of Section 11(a) of the Securities Act and Rule 158 (or
any similar rule promulgated under the Securities Act ) thereunder;

     (xv) provide and cause to be maintained a registrar and transfer agent for all
Registrable Securities; and

14

 

     (xvi) in connection with any sale or transfer of the Registrable Securities (whether or
not pursuant to a Registration Statement) that will result in the securities being delivered
no longer being Registrable Securities, cooperate with the Holders and the representative of
the underwriters, if any, to facilitate the timely preparation and delivery of any
certificates representing the Registrable Securities to be sold and to enable such
Registrable Securities to be in such denominations and registered in such names as the
representative of the underwriters, if any, or the Holders may request at least two (2)
Business Days prior to any sale of the Registrable Securities, provided that such Holder
shall have provided the Company with any documents that are reasonably requested by the
Company.

     (b) The Company may require, and it shall be a condition precedent to the obligations of the
Company to take any action pursuant to Section 2, with respect to the Registrable Securities of any
selling Holder, that each selling Holder furnish to the Company such information regarding itself,
the Registrable Securities held by it and the intended method of disposition of such securities as
shall be required to effect the registration of its Registrable Securities. In addition, if
requested by the Company or the representative of the underwriters of securities of the Company,
each Holder shall provide, within ten (10) days of such request, such information as may be
required by the Company or such representative in connection with the completion of any public
offering of the Company’s securities pursuant to a Registration Statement filed under the
Securities Act. Each Holder further agrees to furnish promptly to the Company in writing all
information required from time to time to make the information previously furnished by such Holder
not misleading. No Holder shall have any right to obtain or seek an injunction restraining or
otherwise delaying any such registration as the result of any controversy that might arise with
respect to the interpretation or implementation of this Agreement.

     (c) Each Holder agrees that, upon receipt of any notice from the Company of the happening of
any event of the kind described in Sections 4(a)(v)(3) or 4(a)(v)(4), such Holder will immediately
discontinue disposition of Registrable Securities pursuant to a Registration Statement until such
Holder’s receipt of the copies of the supplemented or amended Prospectus. If so directed by the
Company, such Holder will deliver to the Company (at the expense of the Company) all copies in its
possession, other than permanent file copies then in such Holder’s possession, of the Prospectus
covering such Registrable Securities current at the time of receipt of such notice.

     (d) The Company agrees that, unless it obtains the prior consent of Holders of a majority of
the Registrable Securities that are registered under a Registration Statement at such time or the
consent of the managing underwriter in connection with any Underwritten Offering of Registrable
Securities, it will not make any offer relating to the Common Stock that would constitute an
“issuer free writing prospectus,” as defined in Rule 433, or that would otherwise constitute a
“free writing prospectus,” as defined in Rule 405 (an “Issuer Free Writing Prospectus”),
required to be filed with the Commission. Each Holder represents and agrees that, unless it
obtains the prior consent of the Company and any such underwriter, it will not make any offer
relating to the Common Stock that would constitute an Issuer Free Writing Prospectus.

15

 

5. BLACK-OUT PERIOD.

     (a) Anything in this Agreement to the contrary notwithstanding, subject to the provisions of
this Section 5 following the effectiveness of a Registration Statement, the Company may direct the
Holders in accordance with Section 5(b) to suspend sales of the Registrable Securities pursuant to
a Registration Statement for such times as the Company reasonably may determine is necessary and
advisable (but for no more than an aggregate of one-hundred (120) days in any rolling twelve
(12)-month period commencing on the Closing Date (provided that no more than sixty (60) days of
such one hundred twenty (120) days may be as a result of the following events (after excluding the
days between the filing of any post-effective amendment to a registration statement with the
Commission as a result of such events through the day such post-effective amendment is declared
effective)) or for more than sixty (60) days in any rolling 90-day period as a result of such
events (after excluding the days between the filing of any post-effective amendment to a
registration statement with the Commission as a result of such events through the day such
post-effective amendment is declared effective), if any of the following events shall occur: (i) a
majority of the members of the Board of Directors of the Company shall have determined in good
faith that (1) the offer or sale of any Registrable Securities would materially impede, delay or
interfere with any proposed acquisition, merger, tender offer, business combination, corporate
reorganization, consolidation or other significant transaction involving the Company, (2) after the
advice of counsel, the sale of Registrable Securities pursuant to the Registration Statement would
require disclosure of material non-public information not otherwise required to be disclosed under
applicable law, and (3) either (x) the Company has a bona fide business purpose for preserving the
confidentiality of such transaction, (y) disclosure would have a material adverse effect on the
Company or the Company’s ability to consummate such transaction, or (z) the proposed transaction
renders the Company unable to comply with Commission requirements; (ii) a majority of the members
of the Board of Directors of the Company shall have determined in good faith that (1) the
Prospectus included in the Registration Statement contains a material misstatement or omission as a
result of an event that has occurred and is continuing; and (2) the disclosure of this material
non-public information would be detrimental to the Company; (iii) a majority of the members of the
Board of Directors of the Company shall have determined in good faith, after the advice of counsel,
that it is required by law, rule or regulation to supplement the Registration Statement or file a
post-effective amendment to the Registration Statement in order to incorporate information into the
Registration Statement for the purpose of (1) including in the Registration Statement any
Prospectus required under Section 10(a)(3) of the Securities Act, (2) reflecting in the Prospectus
included in the Registration Statement any facts or events arising after the effective date of the
Registration Statement (or of the most-recent post-effective amendment) that, individually or in
the aggregate, represents a fundamental change in the information set forth therein, or (3)
including in the Prospectus included in the Registration Statement any material information with
respect to the plan of distribution not disclosed in the Registration Statement or any material
change to such information; or (iv) a majority of the members of the Board of Directors of the
Company shall have determined to convert the Resale Registration Statement on Form S-1 to a Resale
Registration Statement on Form S-3. In addition, the Company may direct the Holders in accordance
with Section 5(b) to suspend sales of the Registrable Securities pursuant to a Registration
Statement from time to time under Section 4(a)(ii) and Section 4(c). Upon the occurrence of any
such suspension under clauses (iii) or (iv), the Company shall use its commercially reasonable
efforts to cause the Registration Statement to become effective or to

16

 

promptly amend or supplement the Registration Statement on a post-effective basis or to take
such action as is necessary to make resumed use of the Registration Statement compatible with the
Company’s best interests, as applicable, so as to permit the Holders to resume sales of the
Registrable Securities as soon as reasonably practicable.

     (b) In the case of an event that causes the Company to suspend the use of a Registration
Statement (a “Suspension Event”), the Company shall give written notice (a “Suspension
Notice”) to the Holders to suspend sales of the Registrable Securities. The Holders shall not
effect any sales of the Registrable Securities pursuant to such Registration Statement (or such
filings) at any time after they have received a Suspension Notice from the Company and prior to
receipt of an End of Suspension Notice (as defined below). If so directed by the Company, each
Holder will deliver to the Company (at the expense of the Company) all copies other than permanent
file copies then in such Holder’s possession of the Prospectus covering the Registrable Securities
at the time of receipt of the Suspension Notice. The Holders may recommence effecting sales of the
Registrable Securities pursuant to the Registration Statement (or such filings) following further
notice to such effect (an “End of Suspension Notice”) from the Company, which End of
Suspension Notice shall be given by the Company to the Holders in the manner described above
promptly following the conclusion of any Suspension Event and its effect. The Company shall not be
required to specify in the written notice to the Holders the nature of the event giving rise to the
suspension period. Holders hereby agree to hold in confidence any communications in response to a
notice of, or the existence of any fact or any event giving rise to the suspension period.

     (c) Notwithstanding any provision herein to the contrary, if the Company shall give a
Suspension Notice pursuant to this Section 5, the Company agrees that it shall extend the period of
time during which the applicable Registration Statement shall be maintained effective pursuant to
this Agreement by the number of days during the period from the date of receipt by the Holders of
the Suspension Notice to and including the date of receipt by the Holders of the End of Suspension
Notice and copies of the supplemented and amended Prospectus necessary to resume sales.

6. INDEMNIFICATION AND CONTRIBUTION.

     (a) The Company agrees to indemnify and hold harmless (i) each Holder of Registrable
Securities and any underwriter (as determined in the Securities Act) for such Holder, (ii) each
Person, if any, who controls (within the meaning of Section 15 of the Securities Act or Section
20(a) of the Exchange Act), any such Person described in clause (i) (any of the Persons referred to
in this clause (ii) being hereinafter referred to as a “Controlling Person”), and (iii) the
respective officers, directors, partners, members, employees, representatives and agents of any
such Person or any Controlling Person (any Person referred to in clause (i), (ii) or (iii) may
hereinafter be referred to as a “Purchaser Indemnitee”), to the fullest extent lawful, from
and against any and all losses, claims, damages, judgments, actions, reasonable out-of-pocket
expenses, and other liabilities (the “Liabilities”), including without limitation and as
incurred, reimbursement of all reasonable out-of-pocket costs of investigating, preparing, pursuing
or defending any claim or action, or any investigation or proceeding by any governmental agency or
body, commenced or threatened, including the reasonable fees and expenses of counsel to any
Purchaser Indemnitee to the extent provided herein, joint or several, directly or indirectly
related

17

 

to, based upon, arising out of or in connection with any untrue statement or alleged untrue
statement of a material fact contained in any Registration Statement or Prospectus (as amended or
supplemented if the Company shall have furnished to such Purchaser Indemnitee any amendments or
supplements thereto), or any Issuer Free Writing Prospectus (or any amendment or supplement
thereto), or any preliminary Prospectus or any other document prepared by or with the Company for
use in selling the securities, or any omission or alleged omission to state therein a material fact
required to be stated therein or necessary to make the statements therein, in light of the
circumstances under which they were made, not misleading, except insofar as such Liabilities arise
out of or are based upon (i) any untrue statement or omission or alleged untrue statement or
omission made in reliance upon and in conformity with information relating to any Purchaser
Indemnitee furnished to the Company or any underwriter in writing by such Purchaser Indemnitee
expressly for use therein, (ii) any sales by any Holder after the delivery by the Company to such
Holder of a Suspension Notice and before the delivery by the Company of an End of Suspension
Notice, or (iii) the failure by a Purchaser Indemnitee to deliver a Prospectus, if delivery is
otherwise required. The Company shall notify the Holders promptly of the institution, threat or
assertion of any claim, proceeding (including any governmental investigation), or litigation of
which it shall have become aware in connection with the matters addressed by this Agreement which
involves the Company or a Purchaser Indemnitee. The indemnity provided for herein shall remain in
full force and effect regardless of any investigation made by or on behalf of any Purchaser
Indemnitee.

     (b) In connection with any Registration Statement in which a Holder of Registrable Securities
is participating, such Holder agrees, severally and not jointly, to indemnify and hold harmless the
Company, each Person who controls the Company within the meaning of Section 15 of the Securities
Act or Section 20(a) of the Exchange Act and the respective officers, directors, partners, members,
employees, representatives and agents of such Person or Controlling Person to the same extent as
the foregoing indemnity from the Company to each Purchaser Indemnitee, but only with reference to
(i) untrue statements or omissions or alleged untrue statements or omissions made in reliance upon
and in strict conformity with information relating to such Holder furnished to the Company in
writing by such Holder expressly for use in any Registration Statement or Prospectus, any amendment
or supplement thereto, any Issuer Free Writing Prospectus (or any amendment or supplement thereto)
or any preliminary Prospectus, (ii) any sales by such Holder after the delivery by the Company to
such Holder of a Suspension Notice and before the delivery by the Company of an End of Suspension
Notice, or (iii) the failure by a Purchaser Indemnitee to deliver a Prospectus, if required. The
liability of any Holder pursuant to this subsection shall in no event exceed the gross proceeds
received by such Holder from sales of Registrable Securities giving rise to such obligations.

     (c) If any Proceeding (including any governmental or regulatory investigation), claim or
demand shall be brought or asserted against any Person in respect of which indemnity may be sought
pursuant to subsection (a) or (b) above, such Person (the “Indemnified Party”) shall
promptly notify the Person against whom such indemnity may be sought (the “Indemnifying
Party”), in writing of the commencement thereof (but the failure to so notify an Indemnifying
Party shall not relieve it from any liability which it may have under this Section 6, except to the
extent the Indemnifying Party is materially prejudiced by the failure to give notice), and the
Indemnifying Party shall be entitled to assume the defense thereof and retain counsel reasonably
satisfactory to the Indemnified Party to represent the Indemnified Party and any others the

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Indemnifying Party may reasonably designate in such proceeding and shall pay the reasonable
fees and expenses actually incurred by such counsel related to such proceeding. Notwithstanding
the foregoing, in any such proceeding, any Indemnified Party shall have the right to retain its own
counsel, but the fees and expenses of such counsel shall be at the expense of such Indemnified
Party, unless (i) the Indemnifying Party and the Indemnified Party shall have mutually agreed in
writing to the contrary, (ii) the Indemnifying Party failed within a reasonable time after notice
of commencement of the action to assume the defense and employ counsel reasonably satisfactory to
the Indemnified Party, (iii) the Indemnifying Party and its counsel do not actively and vigorously
pursue the defense of such action or (iv) the named parties to any such action (including any
impleaded parties), include both such Indemnified Party and the Indemnifying Party, or any
Affiliate of the Indemnifying Party, and such Indemnified Party shall have been reasonably advised
by counsel that, either (x) there may be one or more legal defenses available to it which are
different from or additional to those available to the Indemnifying Party or such Affiliate of the
Indemnifying Party or (y) a conflict may exist between such Indemnified Party and the Indemnifying
Party or such Affiliate of the Indemnifying Party (in which case the Indemnifying Party shall not
have the right to assume nor direct the defense of such action on behalf of such Indemnified Party,
it being understood, however, that the Indemnifying Party shall not, in connection with any one
such action or separate but substantially similar or related actions in the same jurisdiction
arising out of the same general allegations or circumstances, be liable for the fees and expenses
of more than one separate firm of attorneys (in addition to any local counsel), for all such
Indemnified Parties, which firm shall be designated in writing by those Indemnified Parties who
sold a majority of the Registrable Securities sold by all such Indemnified Parties and any such
separate firm for the Company, the directors, the officers and such control Persons of the Company
as shall be designated in writing by the Company). The Indemnifying Party shall not be liable for
any settlement of any proceeding effected without its written consent, which consent shall not be
unreasonably withheld, but if settled with such consent or if there is a final judgment for the
plaintiff, the Indemnifying Party agrees to indemnify any Indemnified Party from and against any
loss or liability by reason of such settlement or judgment. No Indemnifying Party shall, without
the prior written consent of the Indemnified Party, which consent shall not be unreasonably
withheld, effect any settlement of any pending or threatened proceeding in respect of which any
Indemnified Party is or could have been a party and indemnity could have been sought hereunder by
such Indemnified Party, unless such settlement includes an unconditional release of such
Indemnified Party from all liability on claims that are the subject matter of such proceeding.

     (d) If the indemnification provided for in subsections (a) and (b) of this Section 6 is for
any reason held to be unavailable to an Indemnified Party in respect of any Liabilities referred to
therein (other than by reason of the exceptions provided therein) or is insufficient to hold
harmless a party indemnified thereunder, then each Indemnifying Party under such subsections, in
lieu of indemnifying such Indemnified Party thereunder, shall contribute to the amount paid or
payable by such Indemnified Party as a result of such Liabilities (i) in such proportion as is
appropriate to reflect the relative benefits of the Indemnified Party on the one hand and the
Indemnifying Party(ies) on the other in connection with the statements or omissions that resulted
in such Liabilities, or (ii) if the allocation provided by clause (i) above is not permitted by
applicable law, in such proportion as is appropriate to reflect not only the relative benefits
referred to in clause (i) above but also the relative fault of the Indemnifying Party(ies) and the
Indemnified Party, as well as any other relevant equitable considerations. The relative

19

 

fault of the Company on the one hand and any Purchaser Indemnitees on the other shall be
determined by reference to, among other things, whether the untrue or alleged untrue statement of a
material fact or the omission or alleged omission to state a material fact relates to information
supplied by the Company or by such Purchaser Indemnitees and the parties’ relative intent,
knowledge, access to information and opportunity to correct or prevent such statement or omission.

     (e) The parties agree that it would not be just and equitable if contribution pursuant to this
Section 6 were determined by pro rata allocation (even if such Indemnified Parties were treated as
one entity for such purpose), or by any other method of allocation that does not take account of
the equitable considerations referred to in Section 6(d) above. The amount paid or payable by an
Indemnified Party as a result of any Liabilities referred to in Section 6(d) shall be deemed to
include, subject to the limitations set forth above, any reasonable out-of-pocket legal or other
expenses actually incurred by such Indemnified Party in connection with investigating or defending
any such action or claim. Notwithstanding the provisions of this Section 6, in no event shall a
Purchaser Indemnitee be required to contribute any amount in excess of the amount by which proceeds
received by such Purchaser Indemnitee from sales of Registrable Securities exceeds the amount of
any damages that such Purchaser Indemnitee has otherwise been required to pay by reason of such
untrue or alleged untrue statement or omission or alleged omission. For purposes of this Section
6, each Person, if any, who controls (within the meaning of Section 15 of the Securities Act or
Section 20(a) of the Exchange Act) a Holder of Registrable Securities shall have the same rights to
contribution as such Holder, as the case may be, and each Person, if any, who controls (within the
meaning of Section 15 of the Securities Act or Section 20(a) of the Exchange Act) the Company, and
each officer, director, partner, member, employee, representative and agent of the Company shall
have the same rights to contribution as the Company. Any party entitled to contribution will,
promptly after receipt of notice of commencement of any Proceeding against such party in respect of
which a claim for contribution may be made against another party or parties, notify each party or
parties from whom contribution may be sought, but the omission to so notify such party or parties
shall not relieve the party or parties from whom contribution may be sought from any obligation it
or they may have under this Section 6 or otherwise, except to the extent that any party is
materially prejudiced by the failure to give notice. No Person guilty of fraudulent
misrepresentation (within the meaning of Section 11(f) of the Securities Act), shall be entitled to
contribution from any Person who was not guilty of such fraudulent misrepresentation.

     (f) The indemnity and contribution agreements contained in this Section 6 will be in addition
to any liability which the Indemnifying Parties may otherwise have to the Indemnified Parties
referred to above. The Purchaser Indemnitees’ obligations to contribute pursuant to this Section 6
are several in proportion to the respective number of securities sold by each of the Purchaser
Indemnitees hereunder and not joint.

7. LIMITATIONS ON SUBSEQUENT REGISTRATION RIGHTS.

     From and after the date of this Agreement, the Company shall not, without the prior written
consent of Holders beneficially owning not less than two-thirds (2/3) of the then outstanding
Registrable Securities, enter into any agreement with any holder or prospective

20

 

holder of any securities of the Company that would grant such holder registration rights
senior to those granted to the Holders hereunder with respect to Section 2(d)(ii).

8. MISCELLANEOUS.

     (a) Remedies. In the event of a breach by the Company of any of its obligations under
this Agreement, each Holder, in addition to being entitled to exercise all rights provided herein,
or granted by law, including recovery of damages, will be entitled to specific performance of its
rights under this Agreement. Subject to Section 6, the Company agrees that monetary damages would
not be adequate compensation for any loss incurred by reason of a breach by it of any of the
provisions of this Agreement and hereby further agrees that, in the event of any action for
specific performance in respect of such breach, it shall waive the defense that a remedy at law
would be adequate.

     (b) Amendments and Waivers. The provisions of this Agreement, including the
provisions of this sentence, may not be amended, modified or supplemented, and waivers or consents
to or departures from the provisions hereof may not be given, without the written consent of the
Company and Holders beneficially owning not less than two-thirds (2/3) of the then outstanding
Registrable Securities. No amendment shall be deemed effective unless it applies uniformly to all
Holders. Notwithstanding the foregoing, a waiver or consent to or departure from the provisions
hereof with respect to a matter that relates exclusively to the rights of a Holder whose securities
are being sold pursuant to a Registration Statement and that does not directly or indirectly
affect, impair, limit or compromise the rights of other Holders may be given by such Holder;
provided that the provisions of this sentence may not be amended, modified or supplemented except
in accordance with the provisions of the immediately preceding sentence.

     (c) Notices. All notices and other communications, provided for or permitted
hereunder shall be made in writing by delivered by facsimile (with receipt confirmed), overnight
courier or registered or certified mail, return receipt requested, or e-mail (if an e-mail address
is provided by a Holder):

     (i) if to a Holder, at the most current address given by the transfer
agent and registrar of the Common Stock to the Company (or, if more recent,
at an address contained in a written notice from the Holder); and

     (ii)  if to the Company at the offices of the Company at:

PostRock Energy Corporation

210 Park Avenue, Suite 2750

Oklahoma City, OK 73102

Attention: President

(facsimile: 405-702-7704)

     (d) Successors and Assigns. This Agreement shall inure to the benefit of and be
binding upon the successors and permitted assigns of each of the parties hereto. The rights to

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cause the Company to register Registrable Securities pursuant to this Agreement may be
assigned by a Holder to a transferee or assignee of Registrable Securities that (a) is a
subsidiary, parent, general partner, limited partner, retired partner, member or retired member, or
shareholder of a Holder, (b) is a Holder’s family member or trust for the benefit of an individual
Holder, (c) acquires at least 100,000 Registrable Securities (as adjusted for splits and
combinations), (d) is an Affiliate of such Holder or (e) is a party to a total return swap with the
Holder, provided, however, that such transfer shall not be effective for purposes of this Agreement
until (i) the transferor shall furnish to the Company written notice of the name and address of
such transferee or assignee and the securities with respect to which such registration rights are
being assigned and (ii) such transferee shall agree to be subject to all restrictions set forth in
this Agreement. Each Holder agrees that any transferee of any Registrable Securities shall be bound
by Section 4(b) and Section 7, whether or not such transferee expressly agrees to be bound.

     (e) Merger, Amalgamation, Consolidation, Etc. of the Company. If the Company is a
party to any merger, amalgamation, consolidation, recapitalization, reorganization or otherwise
pursuant to which the Registrable Securities are converted into or exchanged for securities or the
right to receive securities of any other person (“Conversion Securities”), the issuer of
such Conversion Securities shall assume (in a writing delivered to all Holders) all obligations of
the Company hereunder. The Company will not effect any merger, amalgamation, consolidation,
recapitalization, reorganization or otherwise described in the immediately preceding sentence
unless the issuer of the Conversion Securities complies with this Section 8(e).

     (f) Aggregation of Registrable Securities. All Registrable Securities held or
acquired by Persons who are Affiliates of one another shall be aggregated together for the purpose
of determining the availability of any rights under this Agreement.

     (g) Counterparts. This Agreement may be executed in any number of counterparts and by
the parties hereto in separate counterparts, each of which when so executed shall be deemed to be
an original and all of which taken together shall constitute one and the same agreement.

     (h) Headings. The headings in this Agreement are for convenience of reference only
and shall not limit or otherwise affect the meaning hereof.

     (i) GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE
WITH THE LAWS OF THE STATE OF DELAWARE, AS APPLIED TO CONTRACTS MADE AND PERFORMED WITHIN THE STATE
OF DELAWARE, WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAW.

     (j) Severability. If any term, provision, covenant or restriction of this Agreement
is held by a court of competent jurisdiction to be invalid, illegal, void or unenforceable, the
remainder of the terms, provisions, covenants and restrictions set forth herein shall remain in
full force and effect and shall in no way be affected, impaired or invalidated, and the parties
hereto shall use their commercially reasonable efforts to find and employ an alternative means to
achieve the same or substantially the same result as that contemplated by such term, provision,
covenant or restriction. It is hereby stipulated and declared to be the intention of the parties

22

 

hereto that they would have executed the remaining terms, provisions, covenants and
restrictions without including any of such that may be hereafter declared invalid, illegal, void or
unenforceable.

     (k) Entire Agreement. This Agreement is intended by the parties hereto as a final
expression of their agreement, and is intended to be a complete and exclusive statement of the
agreement and understanding of the parties hereto, in respect of the subject matter contained
herein. The Stockholders agree that their rights under the Prior Registration Rights Agreement
shall be replaced by this Agreement and that they shall have no further rights under the Prior
Registration Rights Agreement.

     (l) Registrable Securities Held by the Company. Whenever the consent or approval of
Holders of a specified percentage of Registrable Securities is required hereunder, Registrable
Securities held by the Company shall not be counted in determining whether such consent or approval
was given by the Holders of such required percentage.

     (m) Adjustment for Splits, etc. Wherever in this Agreement there is a reference to a
specific number of securities with respect to any Registrable Securities, then upon the occurrence
of any subdivision, combination, or security dividend of such securities, the specific number of
securities with respect to any Registrable Securities so referenced in this Agreement shall
automatically be proportionally adjusted to reflect the effect on the outstanding securities of
such class or series by such subdivision, combination, or security dividend.

     (n) Survival. The indemnification and contribution obligations under Section 6 of
this Agreement shall survive the termination of the Company’s obligations under Section 2 of this
Agreement.

     (o) Attorneys’ Fees. In any action or proceeding brought to enforce any provision of
this Agreement, or where any provision hereof is validly asserted as a defense, the prevailing
party, as determined by the court or arbitrator(s), as the case may be, shall be entitled to
recover its reasonable attorneys’ fees in addition to any other available remedy.

23

 

     IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above
written.

	 	 	 	 	 
	 	THE COMPANY:

POSTROCK ENERGY CORPORATION

 	 
	 	By:  	/s/ David Lawler
 	 
	 	Name:  	David Lawler 	 
	 	Title:  	President and Chief Executive Officer 	 
	 

Signature Page to Registration Rights Agreement

 

	 	 	 	 	 	 	 
	 	 	STOCKHOLDERS:	 	 
	 
	 	 	 	 	 	 
	 	 	ALERIAN OPPORTUNITY PARTNERS IV, LP	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	ALERIAN OPPORTUNITY ADVISORS IV, LLC,	 	 
	 

	 	 	 	its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Gabriel Hammond	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Gabriel Hammond	 	 
	 

	 	 	 	Title: Managing Partner	 	 
	 
	 	 	 	 	 	 
	 	 	Address for Notice:	 	 
	 
	 	 	 	 	 	 
	 	 	Alerian Capital Management	 	 
	 	 	2100 McKinney Avenue, 18th Floor	 	 
	 	 	Dallas, TX 75201	 	 
	 
	 	 	 	 	 	 
	 	 	ALERIAN OPPORTUNITY PARTNERS IX, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	ALERIAN OPPORTUNITY ADVISORS IX, LLC,	 	 
	 

	 	 	 	its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Gabriel Hammond	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Gabriel Hammond	 	 
	 

	 	 	 	Title: Managing Partner	 	 
	 
	 	 	 	 	 	 
	 	 	Address for Notice:	 	 
	 
	 	 	 	 	 	 
	 	 	Alerian Capital Management	 	 
	 	 	2100 McKinney Avenue, 18th Floor	 	 
	 	 	Dallas, TX 75201	 	 

Signature Page to Registration Rights Agreement

 

 

	 	 	 	 	 	 	 
	 	 	ALERIAN FOCUS PARTNERS, LP	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	ALERIAN FOCUS ADVISORS, LLC,	 	 
	 

	 	 	 	its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Gabriel Hammond	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Gabriel Hammond	 	 
	 

	 	 	 	Title: Managing Partner	 	 
	 
	 	 	 	 	 	 
	 	 	Address for Notice:	 	 
	 
	 	 	 	 	 	 
	 	 	Alerian Capital Management	 	 
	 	 	2100 McKinney Avenue, 18th Floor	 	 
	 	 	Dallas, TX 75201	 	 
	 
	 	 	 	 	 	 
	 	 	ALERIAN CAPITAL PARTNERS, LP	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	ALERIAN CAPITAL ADVISORS, LLC,	 	 
	 

	 	 	 	its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Gabriel Hammond	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Gabriel Hammond	 	 
	 

	 	 	 	Title: Managing Partner	 	 
	 
	 	 	 	 	 	 
	 	 	Address for Notice:	 	 
	 
	 	 	 	 	 	 
	 	 	Alerian Capital Management	 	 
	 	 	2100 McKinney Avenue, 18th Floor	 	 
	 	 	Dallas, TX 75201	 	 

Signature Page to Registration Rights Agreement

 

 

	 	 	 	 	 	 	 
	 	 	SWANK MLP CONVERGENCE FUND, LP	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	SWANK ENERGY INCOME ADVISORS, L.P.	 	 
	 

	 	 	 	its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	SWANK CAPITAL, LLC	 	 
	 

	 	 	 	its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Jerry V. Swank	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Jerry V. Swank	 	 
	 

	 	 	 	Title: Manager	 	 
	 
	 	 	 	 	 	 
	 	 	Address for Notice:	 	 
	 
	 	 	 	 	 	 
	 	 	Swank Capital, LLC	 	 
	 	 	3300 Oak Lawn Ave, Suite 650	 	 
	 	 	Dallas, TX 75219	 	 
	 
	 	 	 	 	 	 
	 	 	SWANK INVESTMENT PARTNERS, LP	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	SWANK ENERGY INCOME ADVISORS, L.P.	 	 
	 

	 	 	 	its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	SWANK CAPITAL, LLC	 	 
	 

	 	 	 	its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Jerry V. Swank	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Jerry V. Swank	 	 
	 

	 	 	 	Title: Manager	 	 
	 
	 	 	 	 	 	 
	 	 	Address for Notice:	 	 
	 
	 	 	 	 	 	 
	 	 	Swank Capital, LLC	 	 
	 	 	3300 Oak Lawn Ave, Suite 650	 	 
	 	 	Dallas, TX 75219	 	 

Signature Page to Registration Rights Agreement

 

 

	 	 	 	 	 	 	 
	 	 	THE CUSHING MLP OPPORTUNITY FUND I, LP	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	CARBON COUNTY PARTNERS I, LP	 	 
	 

	 	 	 	its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	CARBON COUNTY GP I, LLC	 	 
	 

	 	 	 	its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Jerry V. Swank	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Jerry V. Swank	 	 
	 

	 	 	 	Title: Manager	 	 
	 
	 	 	 	 	 	 
	 	 	Address for Notice:	 	 
	 
	 	 	 	 	 	 
	 	 	Swank Capital, LLC	 	 
	 	 	3300 Oak Lawn Ave, Suite 650	 	 
	 	 	Dallas, TX 75219	 	 
	 
	 	 	 	 	 	 
	 	 	THE CUSHING GP STRATEGIES FUND, LP	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	CARBON COUNTY PARTNERS I, LP	 	 
	 

	 	 	 	its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	CARBON COUNTY GP I, LLC	 	 
	 

	 	 	 	its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Jerry V. Swank	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Jerry V. Swank	 	 
	 

	 	 	 	Title: Manager	 	 
	 
	 	 	 	 	 	 
	 	 	Address for Notice:	 	 
	 
	 	 	 	 	 	 
	 	 	Swank Capital, LLC	 	 
	 	 	3300 Oak Lawn Ave, Suite 650	 	 
	 	 	Dallas, TX 75219	 	 

Signature Page to Registration Rights Agreement

 

 

	 	 	 	 	 	 	 
	 	 	BEL AIR MLP ENERGY INFRASTRUCTURE FUND, LP	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	SWANK ENERGY INCOME ADVISORS, LP	 	 
	 

	 	 	 	its investment advisor	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	SWANK CAPITAL, LLC	 	 
	 

	 	 	 	its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Jerry V. Swank	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Jerry V. Swank	 	 
	 

	 	 	 	Title: Manager	 	 
	 
	 	 	 	 	 	 
	 	 	Address for Notice:	 	 
	 
	 	 	 	 	 	 
	 	 	Swank Capital, LLC	 	 
	 	 	3300 Oak Lawn Ave, Suite 650	 	 
	 	 	Dallas, TX 75219	 	 

Signature Page to Registration Rights Agreement

 

 

	 	 	 	 	 	 	 
	 	 	TORTOISE CAPITAL RESOURCES CORPORATION	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Ed Russell	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Ed Russell	 	 
	 

	 	 	 	Title: President	 	 
	 
	 	 	 	 	 	 
	 	 	Address for Notice:	 	 
	 
	 	 	 	 	 	 
	 	 	10801 Mastin Blvd., Suite 222	 	 
	 	 	Overland Park, KS 66210	 	 
	 
	 	 	 	 	 	 
	 	 	TORTOISE NORTH AMERICAN ENERGY CORPORATION	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Rob Thummel	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Rob Thummel	 	 
	 

	 	 	 	Title: President	 	 
	 
	 	 	 	 	 	 
	 	 	Address for Notice:	 	 
	 
	 	 	 	 	 	 
	 	 	10801 Mastin Blvd., Suite 222	 	 
	 	 	Overland Park, KS 66210	 	 

Signature Page to Registration Rights Agreement

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