Document:

exv10w61

 

RESTRICTED STOCK AWARD CERTIFICATE

June 12, 2003

Exhibit 10.61

Kevin M. Webb

8901 Iron Gate Court

Potomac, MD 20854 USA

Dear Kevin:

Pursuant to the terms and conditions of the TeleCommunication Systems, Inc.
Amended & Restated 1997 Stock Incentive Plan (the “Plan”), you have been
granted a Restricted Stock Award (the “Award”) for the number of shares (each
an “Award Share”, and collectively, the “Award Shares”) of the Class A common
stock, par value $0.01 per share (the “Common Stock”) of TeleCommunication
Systems, Inc. (the “Company”) as outlined below. This Certificate constitutes
part of and is subject to the terms and provisions of the attached Restricted
Stock Grant Agreement (the “Agreement”) which is incorporated herein by
reference.

Granted To: Kevin M. Webb
     
(the “Employee”)

Grant Date: June 12, 2003

Award Shares Granted: 35,000

Vesting Schedule: 3-year Vesting

11,666 on 06/12/2004

11,667 on 06/12/2005

11,667 on 06/12/2006

By my signature below, I hereby acknowledge receipt of this Award granted on
the Grant Date shown above, which has been issued to me under the terms and
conditions of the Agreement and the Plan. I understand that I will forfeit all
unvested Award Shares at the close of business on my last day of employment at
TCS. I further acknowledge receipt of the Plan Prospectus and the latest annual
report or other SEC filing, and agree to be bound by all of the terms and
conditions of the Award, as evidenced in the Agreement, and the Plan.

	 	 	 
	Signature: /s/ Kevin M. Webb

	 	Date: ________________
	                     Kevin M. Webb
	 	 

Note: If there are any discrepancies in the name or address shown above, please
make the appropriate corrections on this form.exv10w62

 

RESTRICTED STOCK AWARD CERTIFICATE

June 12, 2003

Exhibit 10.62

Richard A. Young

219 Winchester Beach Drive

Annapolis, MD 21401 USA

Dear Richard:

Pursuant to the terms and conditions of the TeleCommunication Systems, Inc.
Amended & Restated 1997 Stock Incentive Plan (the “Plan”), you have been
granted a Restricted Stock Award (the “Award”) for the number of shares (each
an “Award Share”, and collectively, the “Award Shares”) of the Class A common
stock, par value $0.01 per share (the “Common Stock”) of TeleCommunication
Systems, Inc. (the “Company”) as outlined below. This Certificate constitutes
part of and is subject to the terms and provisions of the attached Restricted
Stock Grant Agreement (the “Agreement”) which is incorporated herein by
reference.

Granted To: Richard A. Young
     
(the “Employee”)

Grant Date: April 14, 2003

Award Shares Granted: 90,000

Vesting Schedule: 3-year Vesting

30,000 on 04/14/2004

30,000 on 04/14/2005

30,000 on 04/14/2006

By my signature below, I hereby acknowledge receipt of this Award granted on
the Grant Date shown above, which has been issued to me under the terms and
conditions of the Agreement and the Plan. I understand that I will forfeit all
unvested Award Shares at the close of business on my last day of employment at
TCS. I further acknowledge receipt of the Plan Prospectus and the latest annual
report or other SEC filing, and agree to be bound by all of the terms and
conditions of the Award, as evidenced in the Agreement, and the Plan.

	 	 	 
	Signature: /s/ Richard A. Young

	 	Date: ________________
	                     Richard A. Young
	 	 

Note: If there are any discrepancies in the name or address shown above, please
make the appropriate corrections on this form.exv10w63

 

RESTRICTED STOCK AWARD CERTIFICATE

June 12, 2003

Exhibit 10.63

Richard A. Young

219 Winchester Beach Drive

Annapolis, MD 21401 USA

Dear Richard:

Pursuant to the terms and conditions of the TeleCommunication Systems, Inc.
Amended & Restated 1997 Stock Incentive Plan (the “Plan”), you have been
granted a Restricted Stock Award (the “Award”) for the number of shares (each
an “Award Share”, and collectively, the “Award Shares”) of the Class A common
stock, par value $0.01 per share (the “Common Stock”) of TeleCommunication
Systems, Inc. (the “Company”) as outlined below. This Certificate constitutes
part of and is subject to the terms and provisions of the attached Restricted
Stock Grant Agreement (the “Agreement”) which is incorporated herein by
reference.

Granted To: Richard A. Young
     
(the “Employee”)

Grant Date: June 12, 2003

Award Shares Granted: 104,250

Vesting Schedule: 3-year Vesting

34,750 on 06/12/2004

34,750 on 06/12/2005

34,750 on 06/12/2006

By my signature below, I hereby acknowledge receipt of this Award granted on
the Grant Date shown above, which has been issued to me under the terms and
conditions of the Agreement and the Plan. I understand that I will forfeit all
unvested Award Shares at the close of business on my last day of employment at
TCS. I further acknowledge receipt of the Plan Prospectus and the latest annual
report or other SEC filing, and agree to be bound by all of the terms and
conditions of the Award, as evidenced in the Agreement, and the Plan.

	 	 	 
	Signature: /s/ Richard A. Young

	 	Date: ________________
	                     Richard A. Young
	 	 

Note: If there are any discrepancies in the name or address shown above, please
make the appropriate corrections on this form.Exhibit
10.24

REVLON, INC.

AUDIT COMMITTEE
PRE-APPROVAL POLICY

I.    STATEMENT OF
PRINCIPLES

The Audit Committee is required to
pre-approve the audit and non-audit services performed by the
Company's independent auditor, KPMG LLP
("KPMG" or the "independent
auditor"), in order to assure that KPMG's provision
of such services do not impair its independence. Unless a type of
service to be provided by the independent auditor has received general
pre-approval, it will require specific pre-approval by the Audit
Committee. Any proposed services exceeding pre-approved cost levels
will also require specific pre-approval by the Audit Committee.

During 2003, the Audit Committee specifically pre-approved the
services performed by KPMG in connection with (i) the Company's
2003 audit and (ii) the Company's $50 million rights offering.
All of the other services performed by KPMG for the Company during 2003
from and after May 6, 2003 (the effective date of the applicable rules)
were pre-approved in accordance with this Audit Committee Pre-Approval
Policy and the Audit Committee was provided with quarterly updates as
to the nature of such services and fees paid for such services.

The appendices to this Policy describe the Audit, Audit-related, Tax
and All Other services that have the general pre-approval of the Audit
Committee. The term of any general pre-approval is 12 months from the
date of pre-approval, unless the Audit Committee specifically provides
for a different period. The Audit Committee will annually review and
pre-approve the services that may be provided by the independent
auditor without obtaining specific pre-approval from the Audit
Committee. The Audit Committee may revise the list of general
pre-approved services from time to time, based on its subsequent
determinations. The Audit Committee does not delegate its
responsibilities to pre-approve services performed by the independent
auditor to management.

II.    DELEGATION

The Audit Committee may delegate pre-approval authority to one or
more of its members. Specifically, the Chairman of the Audit Committee
may approve services which are not prohibited services if the fees as
to any applicable project will not exceed $35,000. The member or
members to whom such authority is delegated shall report any
pre-approval decisions to the Audit Committee at least quarterly on the
services provided by KPMG and the approximate fees paid or payable to
KPMG for such services provided by KPMG during the preceding quarter,
including a report on any services pre-approved during such quarter by
the Chairman of the Audit Committee pursuant to this Section II.

III.    AUDIT SERVICES

The annual Audit
services engagement terms and fees will be subject to the specific
pre-approval of the Audit Committee, except to the extent covered by
the delegation authority under Section II above. The Audit Committee
will approve, if necessary, any changes in terms, conditions and fees
resulting from changes in audit scope or other matters. In addition to
the annual Audit services engagement specifically approved by the Audit
Committee, the Audit Committee may grant general pre-approval for other
Audit services, which are those services that only the independent
auditor reasonably can provide.

IV.    AUDIT-RELATED
SERVICES

Audit-related services are assurance and
related services that are reasonably related to the performance of the
audit or review of the Company's financial statements or that are
traditionally performed by the independent auditor. The Audit Committee
believes that the provision of Audit-related services does not impair
the independence of the auditor, and has pre-approved the Audit-related
services listed in Appendix A. All

other Audit-related services not
listed in Appendix A must be specifically pre-approved by the Audit
Committee, except to the extent covered by the delegation authority
under Section II above.

V.    TAX SERVICES

The Audit Committee believes that the independent auditor can
provide Tax services to the Company such as tax compliance, tax
planning and tax advice without impairing the auditor's
independence. However, the Audit Committee will not permit the
retention of the independent auditor in connection with a transaction
initially recommended by the independent auditor, the purpose of which
may be tax avoidance and the tax treatment of which may not be
supported in the Internal Revenue Code and related regulations. The
Audit Committee has pre-approved the Tax services listed in
Appendix B. All other Tax services not listed in Appendix B
must be specifically pre-approved by the Audit Committee, except to the
extent covered by the delegation authority under Section II above.

VI.    ALL OTHER SERVICES

The Audit
Committee may grant general pre-approval to those permissible non-audit
services classified as All Other services that it believes are routine
and recurring services, and would not impair the independence of the
auditor. The Audit Committee has pre-approved the All Other services
listed in Appendix C. Permissible All Other services other
than those listed in Appendix C must be specifically pre-approved by
the Audit Committee, except to the extent covered by the delegation
authority under Section II above.

VII.    PROHIBITED
SERVICES

The Company will not retain its independent
accountants for any services that are "prohibited
services" as defined by applicable statutes or
regulations, as may be in effect from time to time, including without
limitation, those services prohibited by Section 201(a) of the
Sarbanes-Oxley Act of 2002 and the SEC's rules and regulations
and such other rules and regulations as may be promulgated thereunder
from time to time. A list of the SEC's prohibited non-audit
services as of April 1, 2003 is attached to this policy as Exhibit
1.

VIII.    PRE-APPROVAL FEE LEVELS

Pre-approval fee levels for all services to be provided by the
independent auditor will be established annually by the Audit
Committee. Any proposed services exceeding these levels will require
specific pre-approval by the Audit Committee.

IX.    PROCEDURES

Requests or applications
to provide services that require specific approval by the Audit
Committee may be submitted to the Audit Committee by the independent
auditor and either the Chief Financial Officer, Treasurer, Controller
or Chief Legal Officer.

2

Appendix A

Pre-Approved
Audit-Related Services for Fiscal Year 2004

Dated:
February 1, 2004

											
	 		 		 
	Service		 
	1.		Due
diligence services pertaining to potential business
acquisitions/dispositions	
	2.		Financial
statement audits of employee benefit
plans	
	3.		Agreed-upon
or expanded audit procedures related to accounting and/or billing
records required to respond to or comply with financial, accounting or
regulatory reporting matters	
	4.		Consultations
by the Company's management as to the accounting or disclosure
treatment of transactions or events and/or the actual or potential
impact of final or proposed rules, standards or interpretations by the
SEC, FASB, or other regulatory or standard-setting bodies (Note: Under
SEC rules, some consultations may be "audit"
services rather than "audit-related"
services)	
	5.		Attest
services not required by statute or
regulation	
	6.		Audit
work in connection with liquidations and contract terminations; legal
entity dissolution/restructuring assistance; inventory audits; and
statutory audit board
oversight.		 
	 		 		Total
Annual Fees for Pre-Approved Audit-
 Related
Services:
    
$120,000
	 		 		 	
	

3

Appendix B

Pre-Approved
Tax Services for Fiscal Year 2004

Dated: February 1,
2004

											
	 		 		 
	Service		 
	1.		U.S.
federal, state and local tax planning and
advice	
	2.		U.S. federal,
state and local tax
compliance	
	3.		International
tax planning and
advice	
	4.		International
tax compliance, including, without limitation, intercompany pricing
studies and advance pricing
agreements	
	5.		Review
of federal, state, local and international income, franchise, and other
tax returns, and assistance with tax audit and
appeals		 
	 		 		Total
Annual Fees for Pre-Approved Tax
Services:
    
$785,000*
	 		 		 	
	

		*Adds
$285,000 to the 2003 service fee level of $500,000 as a result of a tax
audit in Mexico.

4

Appendix C

Pre-Approved
All Other Services for Fiscal Year 2004

Dated:
February 1, 2004

											
	 		 		 
	Service		 
	All
other services (other than prohibited services) approved by the
Chairman of the Audit Committee pursuant to Section II of this
policy.		Total Annual Fees for Pre-Approved All
Other Services:
    
$35,000 per
project
	 		 		 	
	

5

Exhibit 1

Prohibited
Non-Audit Services

		
	• 	Bookkeeping
or other services related to the accounting records or financial
statements of the audit
client*

		
	• 	Financial information
systems design and
implementation*

		
	• 	Appraisal
or valuation services, fairness opinions or contribution-in-kind
reports*

		
	• 	Actuarial
services*

		
	• 	Internal
audit outsourcing
services*

		
	• 	Management
functions

		
	• 	Human
resources

		
	• 	Broker-dealer,
investment adviser or investment banking
services

		
	• 	Legal
services

		
	• 	Expert services
unrelated to the audit

Each of these prohibited services
is subject to applicable exceptions under the SEC's rules,
including, among others, the applicable phase-in provisions of the
SEC's final rules, which may include KPMG's providing
otherwise impermissible services if such services are performed
pursuant to a written contract entered into before May 6, 2003 and
which are completed by May 6, 2004.

	
		
	

		* Unless
it is reasonable to conclude that the results of these services will
not be subject to audit procedures during an audit of the audit
client's financial
statements.

6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00061-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00061-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00061-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00061-of-00352.parquet"}]]