Document:

exv4w1w2a

 

Exhibit 4.1.2a

AMENDMENT TO WARRANT AGREEMENT

     THIS AMENDMENT TO WARRANT AGREEMENT (this “Amendment”), is made effective as of the
27th day of December 2006, by and between IdleAire Technologies Corporation, a Delaware
corporation (the “Company”) and Wells Fargo Bank, National Association, as Warrant Agent (the
“Warrant Agent”) (along with the Company, the
“Parties”) pursuant to and in accordance with Section
19 of that certain Warrant Agreement by and between the Parties, dated as of December 30, 2005 (the
“Warrant Agreement”).

     WHEREAS, Parties deem the amendment contained herein necessary and desirable to carry out the
original intent of the Parties;

     WHEREAS, Parties agree that the amendment contained herein shall not adversely affect the
interests of the holders of Warrants and that in accordance with Section 19 of the Warrant
Agreement, Parties may enter into this Amendment without the approval of any holders of Warrants;

     WHEREAS, capitalized terms used herein and not defined shall have the meaning ascribed to
such terms in the Warrant Agreement;

     NOW, THEREFORE, for and in consideration of the foregoing premises and of the mutual
agreements hereinafter set forth, the Parties hereby agree as follows:

     1. Amendment to Section 12(a) of the Warrant Agreement. Section 12(a) of the Warrant
Agreement is hereby deleted in its entirety and restated as follows:

     (a) Upon any adjustment of the Exercise Price pursuant to
Section 8 hereof, the Company shall promptly thereafter (i)
cause to be filed with the Warrant Agent a certificate signed by the
Company’s Chief Financial Officer (the “CFO Certificate”) setting
forth the Exercise Price after such adjustment and setting forth in
reasonable detail the method of calculation and the facts upon which
such calculations are based and setting forth the number of Warrant
Shares (or portion thereof) issuable after such adjustment in the
Exercise Price, upon exercise of a Warrant and payment of the
adjusted Exercise Price, which certificate shall be conclusive
evidence of the correctness of the matters set forth therein,
provided that, the Company would make available upon request
by any holder of Warrants or the Warrant Agent similar certificate
signed by a firm of independent public accountants of recognized
standing selected by the Board of Directors of the Company (who may
be the regular auditors of the Company), and (ii) cause to be given
to each of the registered holders of Warrants at the address
appearing on the Warrant register for each such registered holder
written notice of such adjustments by first-class mail, postage
prepaid. Where appropriate, such notice may be given in advance and
included as a part of the notice required to be mailed under the
other provisions of this Section 12.

     2. Miscellaneous.

          2.1.
The Recitals hereto are hereby incorporated by reference as if fully set forth in this
Amendment.

          2.2.
This Amendment shall be binding upon and inure to the benefit of the Parties and their
respective heirs, executors, administrators, successors, and assigns.

          2.3.
This instrument contains the entire agreement between the Parties with respect to the
subject matter hereof and shall not be modified except in accordance
with the applicable provisions
of the Warrant Agreement.

          2.4.
This Amendment shall be governed by the laws of the State of New York, and shall be
construed under the substantive law of the State of New York without
regard to its conflicts of law
provisions.

          2.5.
This Amendment may be executed in any number of counterparts and all counterparts executed
by the Parties together shall constitute one and the same Amendment.

(Signatures on following page.)

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     IN WITNESS WHEREOF, the Parties have hereunto executed this Amendment on the day and year
first above written.

	 	 	 	 	 	 	 
	 	 	COMPANY:
	 
	 	 	 	 	 	 
	 	 	IDLEAIRE TECHNOLOGIES CORPORATION, a 

Delaware corporation	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Michael C. Crabtree
 

Michael C. Crabtree
	 	 
	 

	 	Title:
	 	Chief Executive Officer	 	 
	 
	 	 	 	 	 	 
	 	 	WARRANT AGENT:	 	 
	 
	 	 	 	 	 	 
	 	 	WELLS FARGO BANK, NATIONAL

ASSOCIATION
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Lynn M. Steiner
 

Lynn M. Steiner
	 	 
	 

	 	Title:
	 	Vice Presidentexv10w8w1

 

Exhibit 10.8.1

IDLEAIRE TECHNOLOGIES CORPORATION

SECOND AMENDED AND RESTATED

2000 INCENTIVE STOCK PLAN

as of November 10, 2006

This SECOND AMENDED AND RESTATED 2000 INCENTIVE STOCK PLAN (“Plan”) by IdleAire Technologies
Corporation, a Delaware corporation (“Company”) amends and restates the Amended and Restated 2000
Stock Option Plan in its entirety. Capitalized terms used herein unless otherwise defined are
defined in paragraph 16 of this Plan.

1. Stock Subject to the Plan.

     The total number of shares which shall be subject to the Plan and which shall be reserved for
issuance or transfer upon the satisfaction of conditions on Awards to be granted from time to time
under the Plan is an aggregate of 20,000,000 shares of Common Stock, which shares may be in whole
or in part, as the Board shall from time to time determine, authorized and unissued shares of
Common Stock or issued shares of Common Stock which shall have been reacquired by the Company. If
any Award granted under the Plan shall expire, terminate or be canceled for any reason without
having been exercised in full, the shares subject thereto shall again be available for the purposes
of the Plan. All shares available for grants under the Plan are available for grants of Incentive
Stock Options under the Plan. Notwithstanding the foregoing, in the discretion of the Board, the
number of shares subject to issuance under the Plan may be increased.

2. Administration. The Plan shall be administered as follows:

	 	(a)	 	The Plan shall be administered by the Stock Option Committee (“Committee”).
Actions by the Committee for purposes of the Plan shall be by not less than a majority
of its members, or in the case of any action directly affecting one or more of the
Committee members, by not less than a majority of those members not affected directly
by the action. Any decision or determination reduced to writing and signed by all the
members shall be fully as effective as if it had been made by a majority vote at a
meeting duly called and held. The Committee, if not then composed of the full Board,
shall report all action taken by it to the Board.
	 
	 	(b)	 	In the granting of Awards under the Plan and during the term of such Awards,
the Committee shall have authority in its discretion, but subject to the express
provisions of the Plan:

	 	1.	 	to determine the employees to whom Awards shall be granted;
	 
	 	2.	 	to determine the time or times when Awards shall be granted;
	 
	 	3.	 	to determine whether an Option shall be granted as an Incentive
Stock Option or a non-qualified stock Option;

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	 	4.	 	to determine the purchase price of the Common Stock covered by
each Award;
	 
	 	5.	 	to determine the number of shares to be subject to each Award,
except that no Award for fractional shares may be issued;
	 
	 	6.	 	to determine when an Award can be exercised and whether in whole
or in installments as the result of a vesting schedule triggered by the passage of time
or the attainment of performance goals set by the Committee and approved by the
Board;
	 
	 	7.	 	to determine the conditions that must be satisfied for
restrictions to be removed from
stock subject to Restricted Stock awards granted and the timing and manner by
which those conditions must be satisfied;
	 
	 	8.	 	to prescribe, amend, and rescind rules and regulations relating
to the Plan;
	 
	 	9.	 	to determine any other terms and provisions and any related
amendments of the individual Award agreements (each an “Award Agreement”), which
need not be identical for each recipient of an Award, including such terms and
provisions (and amendments) as shall be required in the judgment of the
Committee to conform to any change in any law or regulation applicable thereto,
and with particular regard to any changes in or effect of the Code and the
regulations thereunder; and
	 
	 	10.	 	to make all other determinations deemed necessary or advisable
for the administration of the Plan.

Notwithstanding the foregoing, in a manner consistent with Section 157 of the Delaware General
Corporate Law, the Committee may in its discretion delegate any of the foregoing duties to any of
the following officers who may act singly or together to make Awards to employees who are not
subject to Section 16(a) of the Securities Exchange Act of 1934, as amended: Chief Executive
Officer, Chief Financial Officer, Executive Vice President and the Senior Vice President.

3. Eligibility.

     Awards may be granted under this Plan only to employees, officers or directors of the Company,
a subsidiary or other Affiliate, or to members of any advisory panel or board established at the
direction of the Board. In determining the Persons to whom Awards shall be granted and the number
of shares to be covered by each Award, the Committee may take into account the nature of the
services rendered by the respective Persons, their present and potential contributions to the
Company’s success and such other factors as the Committee in its discretion shall deem relevant.
Awards may be granted to Persons who hold or have held Awards under the Plan or any other previous
or contemporaneous plans.

4. Term of the Plan.

     No Award shall be granted or amended pursuant to this Plan after 10 years from the date of
adoption of the Plan by the Company, but Awards granted before such date may extend beyond that
date and the terms of this Plan shall continue to apply to such Awards and to the shares acquired
by exercise of rights related to such Awards.

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5. Terms and Conditions of Options.

     Each Option described below which is granted under this Plan shall be subject to the following
terms and conditions:

(a) Option Price. The Option price per share with respect to any Option shall be
determined by the Committee, but in no event shall be less than the Fair Market Value
of the Common Stock of the Company on the date such Option is granted. For holder of
an Award who is a 10-Percent Shareholder on the date an Option is granted, the Option
per share shall not be less than 110% of the Fair Market Value of such shares on the
date the incentive stock Option is granted.

(b) Period of Option. (1) The exercise period of an Incentive Stock Option shall not
exceed ten (10) years from the date the Option is granted; (2) however, the exercise
period of an Incentive Stock Option for holder of an Award who is a 10-Percent
Shareholder shall not excess five years from the date the Option is granted.

(c) Offset Provisions. If the Committee so determines and the applicable Award
Agreement so provides, the exercise of all or any part of an Option granted under
this Plan by a holder of an Option may result in the reduction or termination of
another Option granted under this Plan to such holder of an Option to the extent so
determined and provided.

(d) Payment. Payment for shares purchased upon exercise of an Option shall be made
either in full or installments, as shall be determined by the Committee and provided
in the applicable Award Agreement. Certificates for partly paid shares that result
from the exercise of an Option shall be registered in the name of the Option holder
and shall, immediately upon issue, be delivered to the Company, endorsed in blank by
the Option holder or accompanied by a separate stock power so endorsed, in pledge as
security for the payment of the unpaid balance of the Option price. The certificates
issued to represent partly paid shares shall state thereon the total amount of the
consideration to be paid therefore and the amount paid thereon. The holder of an
Option shall, as such, have none of the rights of a stockholder and the certificate
representing the shares being purchased pursuant to the exercise of an Option shall
not be delivered until the purchase price (including taxes) for such shares has been
paid in full.

(e) Dividends. Dividends on partly paid shares issued pursuant to the exercise of an
Option (other than dividends in stock of the Company) shall be declared and paid only
upon the basis of the percentage of the total Option price actually received thereon
by the Company, and any such dividends paid prior to final payment for the shares
shall be applied by the Company against the unpaid portion of the Option price with
such amounts to be applied to installments of Plan purchase price coming due in the
order of their maturity.

(f) Exercise of Option. The shares covered by an Option may not be purchased earlier
than ninety (90) days after the date on which the Option is granted.

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(g) Nontransferability of Award.. During an Award holder’s lifetime, an Option may
be exercised only by the Option holder and shall not be transferable.

(h) Termination of Employment. Upon the termination of an Award holder’s employment
for any reason other than death, termination for cause, or retirement pursuant to the
terms of a retirement program adopted by the Company or one of its subsidiaries, his
or her right to exercise the rights in such Award shall be limited to the exercise of
vested rights at the date of such termination, which shall be exercised, if at all,
not later than within three (3) months after the date of such termination, but in no
instance later than the date of expiration of the Award, and at all times will be
subject to the rights of the Company as set out in the Award Agreement, if any. If
an Award holder’s employment is terminated for cause (as defined herein), all rights
under his or her Award shall terminate immediately. Upon the termination of an Award
holder’s employment by reason of retirement pursuant to the terms of a retirement
program adopted by the Company or one of its subsidiaries, his or her right to
exercise the rights in such Award shall be limited to the exercise of vested rights
at the date of such retirement, which shall be exercised, if at all within the period
not to exceed two years specified by the Committee in the applicable Award Agreement,
but not later than the date of expiration of the Award, provided however that any
Option granted as an ISO shall be exercised not more than three (3) months following
retirement.

(i) Death of Option Holder. Upon the death of an Award holder, his or her right to
exercise the rights in such Award shall be limited to the exercise of vested rights
at the date of such death, which shall be exercised, if at all, (by the executor or
administrator of the Award holder’s estate or by a Person who acquired the right to
exercise such Award by bequest or inheritance or by reason of the Award holder’s
death) within (1) 12 months after the date of death, or (2) in the event of death
following termination of employment by reason of retirement pursuant to the terms of
a retirement program of the Company or one of its subsidiaries, the period in which
the Award privileges may be exercised upon termination by reason of such retirement
as provided by the Committee in the applicable Award Agreement, whichever period
terminates last, or such longer period as may be permitted by the Committee in its
discretion, but in no event later than the date of expiration of the Award.

(j) Limitation. No employee eligible to participate in this Plan shall be granted
one or more Incentive Stock Options to purchase shares, which said Incentive Stock
Options become exercisable for the first time during any one calendar year, to the
extent that the Fair Market Value of such shares (determined at the time that the
Options are granted) exceeds $100,000. No employee shall be given the opportunity to
exercise Incentive Stock Options granted hereunder with respect to shares valued in
excess of $100,000 in any calendar year, except and to the extent that the Options
shall have accumulated over a period in excess of one year.

(k) Award Agreement. Options granted under this Plan shall be offered only pursuant
to an Award Agreement, in form and substance approved by the Committee and signed by
the Company.

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(l) Right of Committee. All other terms and conditions of any Award shall be
determined by the Committee in its discretion.

6. Exercise of Options.

	 	(a)	 	A holder of an Option may exercise the same as granted under the Plan with
respect to all or any part of the number of shares then exercisable under the terms of
his or her written Award Agreement by giving the Committee written notice of intent to
exercise. The notice of exercise shall specify the number of shares to be purchased
under the Option and the date of exercise, which shall be at least five (5) days after
the giving of such notice unless an earlier time shall have been mutually agreed upon
by the holder and the Company.
	 
	 	(b)	 	Full payment of the exercise price for the shares purchased shall be made by
the holder on or before the exercise date specified in the notice of exercise. Payment
of the exercise price of any shares with respect to which the Option is being exercised
shall be (I) cash, (II) certified check to the order of the Company, or (III) shares of
Common Stock of the Company valued at the Fair Market Value.
	 
	 	(c)	 	The Company shall not be required to deliver certificates for such shares until
full payment of the exercise price has been made. On or as soon as is practicable
after the exercise date specified in an Option holder’s notice and upon full payment of
the exercise price, the Company shall cause to be delivered to the holder a certificate
or certificates for the shares then being purchased (out of previously unissued Common
Stock or reacquired Common Stock, as the Company may elect). The exercise of the
Option and the resulting obligation of the Company to deliver Common Stock shall,
however, be subject to the condition that the listing, registration, or qualification
of the Option or the shares upon any securities exchange or under any State or federal
law, or the consent or approval of any governmental regulatory body shall have been
effected or obtained free of any conditions not acceptable to the Committee, if at any
time the Committee shall determine in its sole discretion that such listing,
registration, qualification, consent or approval is necessary or desirable.
	 
	 	(d)	 	If an Option holder fails to pay for any of the shares specified in such
notice, his or her right to purchase such shares may be terminated by the Company. The
date specified in the Option holder’s notice as the date of exercise shall be deemed
the date of exercise of the Option, provided that payment in full for the shares to be
purchased upon such exercise shall have been received by such date.
	 
	 	(e)	 	In the event of the Change of Control, the provisions of Section 12 shall
govern the exercise of the Option.
	 
	 	(f)	 	The holder of an Option shall not have any of the rights of a stockholder with
respect to the shares subject to the Option until such shares shall be issued to him or
her upon the exercise of his or her Option, provided however, that some indicia of
ownership may be specifically granted in the Award Agreement.

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	 	(g)	 	Notwithstanding the foregoing, any shares that may be purchased as of the
Effective Date, pursuant to the terms of any Option granted prior to the Effective
Date, shall continue thereafter to be purchasable pursuant to the exercise of such
Option.

7. Restricted Stock Award Grants and Limits.

	 	(a)	 	Nothing contained in the Plan or in any resolution adopted or to be adopted by
the Board shall constitute the granting of any Restricted Stock Award hereunder. The
granting of an Award which is Restricted Stock pursuant to the Plan shall take place
only when a written Restricted Stock Award Agreement shall have been duly executed and
delivered by or on behalf of the Company and the individual (or his or her duly
authorized attorney-in-fact) to whom such Restricted Stock Award is to be granted.
	 
	 	(b)	 	During a holder’s lifetime and at any time prior to the satisfaction of the
conditions under the Restricted Stock Award, a Restricted Stock Award granted under the
Plan shall not be transferable except, in case of the death of a holder who is an
employee, by will or the laws of descent and distribution, nor shall the award be
subject to attachment, execution or other similar process. In the event of (I) any
attempt by the employee to alienate, assign, pledge, hypothecate or otherwise dispose
of the award, except as provided in the Plan, or (II) the levy of any attachment,
execution or similar process upon the rights or interest conferred by the award, the
Company may terminate the award by notice to the employee and upon such notice the
award shall become null and void.
	 
	 	(c)	 	Unless otherwise provided in the terms of the Award Agreement, if an employee’s
continuous employment shall terminate by reason of his or her death or disability (as
determined by the employee’s establishing to the Committee his disability as defined in
Code Section 22(e)(3), as amended from time to time) prior to the satisfaction of the
conditions under the Restricted Stock Award, then all unvested Common Stock under the
Restricted Stock Award shall be forfeited immediately by the employee as of that date.
	 
	 	(d)	 	If an employee’s continuous employment shall terminate for any reason other
than his death or disability, prior to the satisfaction of the conditions under the
Restricted Stock Award then all unvested Common Stock under the Restricted Stock Award
shall be forfeited immediately by the employee as of that date.
	 
	 	(e)	 	Notwithstanding anything to the contrary in this paragraph 7, if an employee’s
employment is terminated with Cause then all Common Stock under any Restricted Stock
Award held by the employee shall be forfeited by him immediately as of such
termination.
	 
	 	(f)	 	The Company shall not be required to deliver certificates for such shares until
all conditions under the Restricted Stock Award have been satisfied or deemed
satisfied. On or as soon as is practicable after the conditions under the Award have
been satisfied, the Company shall cause to be delivered to the holder of the Award, a
certificate or certificates for the shares then being released (out of previously
unissued Common Stock or reacquired Common Stock, as the Company may elect). The
obligation of the Company to deliver Common Stock shall, however, be
subject to the condition that the listing, registration, or qualification of the shares upon
any

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	 	 	 	securities exchange or under any State or federal law, or the consent or approval
of any governmental regulatory body shall have been effected or obtained free of any
conditions not acceptable to the Committee, if at any time the Committee shall
determine in its sole discretion that such listing, registration, qualification,
consent or approval is necessary or desirable.
	 
	 	(g)	 	The Award to a holder of a Restricted Stock Award is subject to delivery by
such holder of any share certificate issued by the Company to evidence the award of
Restricted Stock to the Secretary of the Company or such other officer of the Company
as may be designated by the Company’s Chief Executive Officer (the “Share Custodian”)
to be held by the Share Custodian until the Restricted Stock becomes vested in
accordance with the Award Agreement. When all or any portion of the Restricted Stock
becomes vested, the Share Custodian shall deliver to such holder of Restricted Stock
(or his beneficiary in the event of death), a certificate representing the vested
Restricted Stock (which then will be unrestricted). The conveyance by the holder of
Restricted Stock to the Share Custodian operates to irrevocably appoint the Share
Custodian, and any successor thereto, as the true and lawful attorney-in-fact of the
holder of Restricted Stock with full power and authority to execute any stock transfer
power or other instrument necessary to transfer the Restricted Stock to the Company, or
to transfer a portion of the Restricted Stock to the holder of Restricted Stock on an
unrestricted basis upon vesting, pursuant to this Agreement, in the name, place, and
stead of the holder of Restricted Stock. The term of such appointment shall commence
on the date of the Award Agreement and shall continue until all the Restricted Stock
becomes vested or is forfeited. During the period that the Share Custodian holds the
shares of Restricted Stock, the holder of Restricted Stock shall be entitled to all
rights applicable to shares of common stock of the Company not so held, including the
right to vote and receive dividends, but provided, however, in the event the number of
shares of Restricted Stock is increased or reduced in accordance with Section 15 of the
Plan, and in the event of any distribution of common stock or other securities of the
Company in respect of such shares of common stock, any certificate representing shares
of such additional common stock or other securities of the Company issued as a result
of any of the foregoing shall be delivered to the Share Custodian and shall be subject
to all of the provisions of the Plan as if initially received hereunder.

8. Reallocation of Options.

     Shares of Common Stock covered by Options which expire or are terminated for any reason prior
to being exercised in full may, within the limitations of paragraph 1 above, be reallocated by the
Committee on or before ten years from the date this Plan is adopted by the Company.

9. Governmental Regulations.

     This Plan, and the grant and exercise of Awards hereunder, shall be subject to all applicable
rules and regulations of governmental or other authorities, including but not limited to, wage
control boards.

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10. Discontinuance or Amendment of the Plan and Awards.

     The Board may discontinue this Plan at any time, and may amend it from time to time, but no
amendment may, without further stockholder approval, (a) increase the total number of shares which
may be purchased under the Plan other than as provided in paragraph 8, or (b) extend the period
during which Incentive Stock Options may be granted, or (c) change the class of employees to whom
Incentive Stock Options may be granted, and no outstanding Option may be revoked, or altered in any
manner unfavorable to the holder, without the consent of the holder.

11. Effective Date of the Plan.

     The Plan became effective on July 22, 2000. This Second Amended and Restated 2000 Incentive
Stock Plan shall be effective as of approval by the stockholders of the Company.

12. Change of Control.

     In the event of the Change of Control, dissolution or liquidation of the Company, then the
Board shall determine, at its sole discretion, the treatment of any and all unvested rights under
Awards granted under the Plan, including without limitation, that the unvested Awards shall
terminate, shall become fully exercisable or convertible into rights in the acquiring entity which
are similar to the Awards, as to all or any part of the shares covered thereby including shares as
to which such Award would not otherwise be exercisable by reason of an insufficient lapse of time,
conditioned upon the occurrence of the Change of Control. In the event they are fully
exercisable, a holder of an Award may exercise rights related to such Award, as the case may be:
(I) at the closing of such Change of Control, or (II) for a period of not less than thirty (30)
days prior to the dissolution or liquidation, beginning as of a date to be fixed by the Committee,
provided that not less than thirty (30) days’ written notice of the date so fixed shall be given to
each holder.

13. Restrictions on Issuance of Shares.

     Each issuance of Common Stock shares as the result of the exercise of any Option or
satisfaction of the conditions under any other Award shall be subject to the condition that if at
any time the Company shall determine in its discretion that the satisfaction of withholding tax or
other withholding liabilities, or that the listing, registration or qualification of any shares
otherwise deliverable upon such exercise upon any securities exchange or under any state or federal
law, or that the consent or approval of any regulatory body, is necessary or desirable as a
condition of, or in connection with, such delivery or purchase of Common Stock shares, then in any
such event, such option exercise or other Award grant satisfaction shall not be effective unless
such withholding, listing, registration, qualification, consent or approval shall have been
effected or obtained under conditions acceptable to the Company.

14. Employment Not Affected.

     Neither the granting of an Award, nor the exercise of rights under the Award or fulfillment of
the conditions of an Award shall be construed as granting to any Person any right with respect to
establishment or continuance of his or her employment with the Company. Except as may otherwise be
limited by a written agreement between the Company and an employee,
the right of the Company to terminate at will the

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employee’s employment with it at any time (whether by
dismissal, discharge, retirement or otherwise) is specifically reserved by the Company and is
acknowledged by each employee receiving a grant of an Award.

15. Adjustments.

	 	(a)	 	In the event that the outstanding shares of Common Stock are hereafter
increased or decreased or changed into or exchanged for a different number or kind of
shares or other securities of the Company or of another corporation, by reason of a
recapitalization, reclassification, stock split-up, combination of shares or dividend
or other distribution payable in capital stock, appropriate adjustment shall be made by
the Committee in the number and kind of shares for which options and Restricted Stock
Awards may be granted under the Plan. In addition, the Committee shall make appropriate
adjustment in the number and kind of shares as to which outstanding grants, or portions
thereof then unexercised or unsatisfied, shall be applicable, to the end that the
proportionate interest of the holder of the Award shall, to the extent practicable
without the existence of fractional shares, be maintained as before the occurrence of
such event. Such adjustment if to outstanding options shall be made without change in
the total price applicable to the unexercised portion of the option, but with a
corresponding adjustment in the option price per share. To the extent that fractional
shares would have otherwise resulted from such adjustments, such fractional shares will
be deemed forfeited from any option or Restricted Stock Award, and appropriate
adjustments shall be made to the option price of any effected option.
	 
	 	(b)	 	Decisions regarding adjustments and determinations shall be made by the
Committee in good faith whose decisions as to what adjustments or determinations shall
be made, and the extent thereof, shall be final, binding and conclusive, and shall not
be challenged except to the degree the claim is a lack of good faith.

16. References, Construction and Definitions.

     Unless otherwise indicated, all references made in the Plan shall be to articles, sections and
subsections of the Plan. The Plan shall be construed in accordance with the laws of the
Commonwealth of Virginia. The headings and subheadings in the Plan have been inserted for
convenience of reference only and are to be ignored in construction of the provisions of the Plan.
In the construction of the Plan, the masculine shall include the feminine and the singular the
plural wherever appropriate. If any provision of this Plan shall be held invalid for any reason,
such illegality or invalidity shall not affect the remaining parts of this Plan and this Plan shall
be construed and enforced as if such illegal and invalid provisions had never been included. The
following terms (in alphabetical order) shall have the meanings set forth for purposes of the Plan:

	 	(a)	 	“Affiliate” of a Person shall mean any Person that directly or indirectly
controls, is controlled by, or is under common control with, the indicated Person,
including any direct or indirect subsidiary of the Company (each a “subsidiary”).
	 
	 	(b)	 	“Award” shall mean any stock option, Incentive Stock Option, Restricted Stock
awards or other stock rights granted under the Plan;
	 
	 	(c)	 	“Board” means the Board of Directors of the Company;

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	 	(d)	 	“for cause” as used in the Plan means:

	 	I.	 	in the case of a holder of an Award who is a non employee
Director or member of an advisory board, the voluntary termination of the
relationship with the Company by the holder of the Award, or commission of an
act of fraud or intentional misrepresentation or an act of embezzlement,
misappropriation or conversion of assets or opportunities of the Company or any
of its Subsidiaries or affiliates; and
	 
	 	II.	 	in the case of a holder of an Award whose employment with the
Company or a subsidiary is, as the date of the applicable Agreement, subject to
the terms of an employment agreement between such holder and the Company or a
subsidiary, which employment agreement includes a definition of “Cause”, such
term as used in this Plan or any Agreement shall have the meaning to set forth
in such employment agreement during the period that such employment agreement
remains in effect; or
	 
	 	III.	 	in all other cases, the term “cause” or “Cause” as used in this
Plan or any Agreement shall mean (i) intentional failure to perform reasonably
assigned duties or voluntary termination of the relationship with the Company by
the holder of the Award, (ii) dishonesty or willful misconduct in the
performance of duties, (iii) involvement in a transaction in connection with the
performance of duties to the Company or any of its Subsidiaries which
transaction is adverse to the interests of the Company or any of its
Subsidiaries and which is engaged in for personal profit or (iv) willful
violation of any law, rule or regulation (other than traffic violations or
similar offenses) in connection with the performance of duties.

	 	(e)	 	“Change of Control” means (I) the accumulation (including through a merger,
consolidation, share exchange, division or sale) by any individual, firm, corporation
or other entity (other than by the current shareholders of the Company as of the date
the Plan is adopted or last amended, the Company or any subsidiary; any profit-sharing,
employee stock ownership, or other employee benefit plan of the Company or any
subsidiary or any trustee of or fiduciary with respect to any such plan when acting in
such capacity), separately or in combination with any affiliates or associates, of
beneficial ownership of more than fifty-one percent (51%) of the outstanding shares of
all classes of capital stock of the Company issued, from time to time, or (II) the sale
or disposition of the assets of the Company as a result of which current shareholders
of the Company as of the date the Plan is adopted or last amended, do not hold,
immediately following such sale, a majority of the voting power of each surviving,
resulting or acquiring corporation which, immediately following the transaction, holds
more than twenty five percent (25%) of the consolidated assets of the Company
immediately prior to the transaction; provided, however, that it shall not include any
transaction described in items (I) or (II) above which a majority of the Board, acting
at a meeting held not more than 60 days after the date of such transaction and at which
a quorum of directors sufficient to conduct business under Delaware law is present,
declares, for reasons in its sole discretion, not to be a “Change of Control” for
purposes of this Plan; and provided, further, that the date of a Change of Control
shall be deemed to be the actual date of the transaction described in items (I) or (II)
above or, if such date is not clearly determinable, the date on which a majority of the
Board members, meeting as described above, shall determine was the date as of which the
Company had reason to know of the same;

10

 

	 	(f)	 	“Code” means the Internal Revenue Code of 1986, as amended from time to time;
	 
	 	(g)	 	“Committee” means the Stock Option Committee which may be the Compensation
Committee of the Board as constituted from time to time; provided, however, that if the
Committee shall not be in existence, the term “Committee” shall mean the Board;
	 
	 	(h)	 	“Company” means IdleAire Technologies Corporation, a Delaware corporation;
	 
	 	(i)	 	“Common Stock” means the $0.01 par value, voting common stock of the Company;
	 
	 	(j)	 	“Effective Date” means the date on which the Plan was approved and adopted by
the Board and the stockholders of the Company;
	 
	 	(k)	 	“Fair Market Value” as used herein means, for as long as the Common Stock is
not readily tradable on an established securities market, the values determined for
Common Stock at least annually by the Committee in its sole discretion based on a value
determined by an “independent appraiser” as defined in regulations under Code Section
170(a)(l), provided, however, (A) if at any time Common Stock does become traded on a
reasonably active basis, but not listed on an established stock exchange, its Fair
Market Value shall be based on the mean between the highest and lowest sales prices as
reflected on the NASDAQ Interdealer Quotation System of the National Association of
Securities Dealers, Inc. on the date in question or, (B) if it is listed on an
established stock exchange, based on the mean between the highest and lowest sales
prices on such exchange on the date in question, (C) in the case of Incentive Stock
Options, Fair Market Value may not be less than fair market value within the meaning of
Code Section 422, and (D) in the case of all Options, Fair Market Value may not be less
than fair market value within the meaning of Code Section 409A; and provided, further,
that if, for any reason, Fair Market Value otherwise cannot be ascertained or is
unavailable for a particular date, such value shall be determined as of the nearest
preceding date on which such value can be ascertained pursuant to the applicable method
described above;
	 
	 	(l)	 	“Incentive Stock Option” means any stock option granted with the intent of
being a stock option as defined in Code Section 422 and containing the terms necessary
to meet the requirements of that section of the Code and related Code sections and
regulations;
	 
	 	(m)	 	“Option” shall mean an option to purchase stock in an Award granted by the
Company under the Plan;
	 
	 	(n)	 	“Person” shall mean all natural persons, corporations, business trusts,
associations, companies, partnerships, joint ventures and any other entities;
	 
	 	(o)	 	“Plan’ means this 2000 Amended and Restated Incentive Stock Plan of the
Company, as amended.
	 
	 	(p)	 	“Restricted Stock” means a share of Common Stock with time or performance
conditions which must be satisfied before the holder of the share can exercise full
ownership of it;

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	 	(q)	 	“Share Custodian” means an officer designated by the Chief Operating Officer
under paragraph 7(g) to hold Restricted Stock until it becomes vested in accordance
with an Award Agreement in accordance with that paragraph.
	 
	 	(r)	 	“10-Percent Shareholder” means any individual who owns more than ten percent
(10%) of the total combined voting power of all classes of Common Stock as determined
after applying the attribution rules under Code Section 424(d).

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