Document:

Letter Agreement, dated as of 03/29/2006 by and between Viisage Technology, Inc.

 Exhibit 10.81 
  

			
	BEAR STEARNS	  	 Bear, Stearns & Co. Inc.
 383 Madison Avenue
 New York, New York 10179
 www.bearstearns.com
  
 Michael J. Urfirer
 Vice Chairman—Investment Banking
 Global Head of Strategic Advisory Banking
 Tel 2l2-272-3331
 murfirer@bear.com

  
 March 29, 2006 
  

	Viisage	Technology, Inc. 

	296	Concord Road 

	Third	Floor 

	Billerica,	MA 01821 

  

	Attention:	Mr. Robert V. LaPenta 

	    	Chairman 

  
 Ladies and Gentlemen: 
  
 This letter agreement (together with Annex A and the Indemnification Provisions attached hereto, this “Agreement”) confirms the agreement
between Viisage Technology, Inc. (collectively with its affiliates and as more fully set forth in Annex A, the “Company”) and Bear, Stearns & Co. Inc. (“Bear Stearns”) as follows: 
  

	1.	The Company hereby engages Bear Stearns to act as the Company’s financial advisor in connection with any Transaction (as hereinafter defined) with or involving Identix
Incorporated (the “Acquiree”). 

  

	2.	Bear Stearns hereby accepts the engagement and, in that connection, to the extent requested by the Company and appropriate under the circumstances, agrees to assist the Company in
the following: 

  

	 	(a)	Review and analysis of the business, financial condition and prospects of the Company and the Acquiree; 

  

	 	(b)	Review and consideration from a financial point of view of the potential combination benefits and other implications of the Transaction; 

  

	 	(c)	Review and consideration from a financial point of view of proposed Transaction structures and terms; 

  

	 	(d)	Development and implementation of a strategy to effectuate the Transaction; and 

  

	 	(e)	Structuring, analysis of financing alternatives for and negotiation of the proposed Transaction. 

  
 In addition, to the extent requested by the Company and appropriate under the circumstances, Bear Stearns agrees to be
available to meet with the Company’s Board of Directors to discuss the Transaction and its financial implications. 
  

 ATLANTA | BEIJING | BOSTON | CHICAGO | DALLAS | DENVER | DUBLIN | HERZLIYA | HONG KONG | LONDON |
LOS ANGELES LUGANO | MlLAN | NEW YORK | SAN FRANCISCO | GAN JUAN | SÃO PAULO | SHANGHAI | SINGAPORE | TOKYO 

 Mr. Robert V. LaPenta 
 Viisage Technology, Inc. 
 March 29, 2006 
 Page 2

  

	3.	For purposes hereof, the “Transaction” shall mean any transaction or series of related transactions whereby, directly or indirectly, control of, or a significant interest
in, the Acquiree or any of the Acquiree’s businesses or assets is transferred to the Company for consideration, including, without limitation, a sale, acquisition or exchange of stock (including shares issuable upon conversion of any securities
convertible into stock) or assets, a lease or license of assets (with or without a purchase option), or a merger, consolidation or reorganization, tender offer, leveraged buyout or other extraordinary corporate transaction or business combination
involving the Acquiree. 

  

	4.	In consideration of our services pursuant to this Agreement, the Company agrees to pay Bear Stearns a fee of $2,500,000 (the “Transaction Fee”) if the Company consummates
the Transaction or enters into an agreement pursuant to which the Transaction is subsequently consummated. 

  
 The Transaction Fee shall be payable in cash (i) in the case of a tender offer or multiple-step acquisition, upon the acquisition of 50% or more of
the voting power of the Acquiree’s outstanding voting securities and (ii) in the case of a merger, asset acquisition or other form of acquisition, at the time of the closing of the Transaction (the “Closing”). 
  
 In the event the Transaction involves a transfer of ownership or control of
less than 50% of the then outstanding voting securities of the Acquiree, and no significant interest in any of its businesses or assets, the fee payable to Bear Stearns shall be consistent with compensation agreements customarily agreed to by Bear
Stearns in similar circumstances. 
  
 Should a Transaction be
accomplished, in whole or in part, by means of a tender or exchange offer, the Company will retain Bear Stearns as sole dealer manager for such offer and will enter into a dealer manager agreement with Bear Stearns in Bear Stearns’ standard
form, including provisions for additional fees at generally accepted customary rates. 
  

	5.	The Company will promptly reimburse Bear Stearns, periodically upon request, for all out-of-pocket expenses reasonably incurred by Bear Stearns in connection with Bear Stearns
rendering its services under this Agreement with respect to the Transaction, including the reasonable fees and disbursements of legal counsel and of any other consultant or advisor retained by Bear Stearns with the Company’s consent (which
shall not be unreasonably withheld or delayed) provided, however, that such expenses, fees and disbursements (excluding those fees and disbursements of legal counsel and of any other consultant or advisor retained by Bear Stearns) (i) are
similar in amount and type to those customarily accrued for such transactions and (ii) shall not exceed $20,000 without the Company’s prior approval, which shall not be unreasonably withheld or delayed. The limitations set forth above
shall not apply to any obligation of the Company under the Indemnification Provisions below. 

 Mr. Robert V. LaPenta 
 Viisage Technology, Inc. 
 March 29, 2006 
 Page 3

  

	6.	Bear Stearns shall have the exclusive right, but not the obligation, to act as the sole bookrunning managing underwriter with respect to the Company’s convertible debt offering
contemplated in conjunction with the Transaction with the Acquiree, on terms and conditions (including receipt of internal committee approvals) customary for Bear Stearns for similar transactions, which terms and conditions will be embodied in one
or more separate written agreements. The Company agrees to compensate Bear Stearns for its services with respect to such an offering at a rate to be mutually agreed upon that is in accordance with generally accepted market rates for such a
transaction, and further agrees that Bear Stearns shall receive no less than 75% of the fees paid in connection with such an offering. Under no circumstances shall the gross spread with respect to such an offering be less than that customarily
agreed to in comparable deals. 

  

	7.	For a period of two and one half years from the date of this letter, Bear Stearns shall have the exclusive right, but not the obligation, to act (a) in a role no less than a
lead managing underwriter, lead initial purchaser or lead placement agent for any financing involving debt and/or equity securities of the Company and in a role no less than an administrative agent, lead arranger, and lender in any syndicated loan
financing undertaken on behalf of the Company in connection with the Transaction or otherwise (in each case described in (a) above acting as sole or joint book runner) and (b) as principal counterparty on any foreign exchange or derivative
transaction by the Company arising out of or relating to the Transaction, in each case, on terms and conditions (including receipt of internal committee approvals) customary for Bear Stearns for similar transactions, which terms and conditions will
be embodied in one or more separate written agreements. In consideration of such services as described in (a) and (b) above the Company agrees to pay Bear Stearns compensation at a rate to be mutually agreed upon that is in accordance with
generally accepted market rates for such services, and in any event no less than that paid to any other party engaged by the Company in connection with such transaction. This paragraph 7 relates to any financing that the Company does that is in
addition to the convertible debt financing described in paragraph 6 above. 

  

	8.	For a period of two and one half years from the date of this letter, Bear Stearns shall have the exclusive right, but not the obligation, to act in a role no less than co-financial
advisor to the Company in the event of any significant potential acquisition, divestiture or sale of the Company or other extraordinary corporate transaction (other than the Transaction) involving the Company or any of its assets, securities or
businesses, whether by way of purchase or sale of securities or assets, merger, consolidation, reorganization or otherwise, in each case on terms and conditions (including receipt of internal committee approvals) customary for Bear Stearns for
similar transactions, which terms and conditions will be embodied in one or more separate written agreements. In consideration of such services, the Company agrees to pay Bear Stearns compensation at a rate to be mutually agreed upon that is
(i) in accordance with generally accepted market rates for such a transaction, and (ii) no less than that paid to any other advisor engaged by the Company for such transaction. 

 Mr. Robert V. LaPenta 
 Viisage Technology, Inc. 
 March 29, 2006 
 Page 4

  

	9.	With respect to future advisory engagements contemplated under paragraph 8 above, the Company agrees that it will promptly reimburse Bear Stearns, periodically upon request, for all
out-of-pocket expenses reasonably incurred by Bear Stearns in connection with Bear Stearns rendering its services for such engagements, including the reasonable fees and disbursements of legal counsel and of any other consultant or advisor retained
by Bear Stearns with the Company’s consent (which shall not be unreasonably withheld or delayed), provided, however, that such expenses, fees and disbursements (excluding fees and disbursements of legal counsel and of any other consultant or
advisor retained by Bear Stearns) (i) are similar in amount and type to those customarily accrued for such transactions and (ii) shall not exceed $50,000 without the Company’s prior approval, which shall not be unreasonably withheld
or delayed. The limitations set forth above shall not apply to any obligation of the Company under the Indemnification Provisions below. 

  

	10.	Bear Stearns’ engagement hereunder may be terminated at any time for cause by either Bear Stearns or the Company upon written notice thereof to the other party without
liability or continuing obligation on the part of the Company or Bear Stearns. Unless terminated for cause, Bear Stearns will continue to be entitled to the full amount of the Transaction Fee and any other compensation payable pursuant to paragraph
4 above in the event that any of the events specified therein occur prior to the expiration of 24 months after any termination of this Agreement or Bear Stearns’ engagement hereunder, as well as, any compensation payable if any of the events
specified in paragraphs 6, 7 and 8 occur. Furthermore, any termination of Bear, Stearns’ engagement hereunder shall not affect the Company’s obligation to pay any expenses incurred as provided for in paragraphs 5 and 9 prior to such
termination; and the Indemnification Provisions referred to below and Annex A attached hereto shall survive any termination of this Agreement or Bear Stearns’ engagement hereunder. 

  

	11.	The provisions set forth in Annex A and the Indemnification Provisions attached hereto are incorporated herein in their entirety. 

  

	12.	EACH OF BEAR STEARNS AND THE COMPANY (ON ITS OWN BEHALF AND, TO THE EXTENT PERMITTED BY LAW, ON BEHALF OF ITS RESPECTIVE EQUITY HOLDERS AND CREDITORS) HEREBY WAIVES ANY RIGHT IT MAY
HAVE TO TRIAL BY JURY IN RESPECT OF ANY CLAIM BASED UPON, ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED HEREBY (INCLUDING, WITHOUT LIMITATION, ANY TRANSACTION). 

  

	13.	This Agreement and all controversies arising hereunder or relating hereto will be governed by, and construed and enforced in accordance with, the laws of the State of New York.

 Mr. Robert V. LaPenta 
 Viisage Technology, Inc. 
 March 29, 2006 
 Page 5

  
  

	14.	For the convenience of the parties hereto, any number of counterparts of this Agreement may be executed by the parties hereto, each of which shall be an original instrument and all
of which taken together shall constitute one and the same Agreement. Delivery of a signed counterpart of this Agreement by facsimile transmission shall constitute valid and sufficient delivery thereof. 

  
 We are delighted to accept this engagement and look forward to working with
you on this important assignment. Please confirm that the foregoing is in accordance with your understanding by signing in the space provided below and returning to us a duplicate of this Agreement. 
  

			
	 Very truly yours,

	
	 BEAR, STEARNS & CO. INC.

		
	 By:
	 	/s/    MICHAEL J.
URFIRER        
	 	 	Michael J. Urfirer
	 	 	Vice Chairman—Investment Banking

  

			
	 ACCEPTED AND AGREED TO:

	
	 Viisage Technology, Inc.

		
	 By:
	 	/s/    ROBERT V.
LAPENTA        
	 	 	Robert V. LaPenta
	 	 	Chairman

 ANNEX A 
  

Additional Provisions 
  
 Capitalized terms used herein without definition shall have the meanings ascribed thereto in the letter agreement dated March 29, 2006 (as amended
from time to time, the “Agreement”) between Viisage Technology, Inc. and Bear, Stearns & Co. Inc. 
  

	A.	For purposes of this Agreement, the term “Company” includes (i) any person or entity acting together with the Company and (ii) any entity formed by the Company,
any person or entity acting together with the Company or their respective affiliates (within the meaning of the Securities Exchange Act of 1934, as amended), whether or not the Company, any such person or their respective affiliates own a majority
of the equity interests therein, in each case in connection with or for the purpose of entering into the Transaction. Following consummation of the Transaction, the term “Company” shall also include the Acquiree. 

 

	B.	During the period of Bear Stearns’ engagement hereunder, the Company will furnish or arrange to have furnished to Bear Stearns all information concerning the Company, the
Transaction and, to the extent within the Company’s control, the Acquiree that Bear Stearns deems appropriate and will provide Bear Stearns with access to the Company’s officers, directors, employees, affiliates, appraisers, independent
accountants, legal counsel and other agents, consultants and advisors (collectively, its “Representatives”). To the extent consistent with legal requirements, all information given to Bear Stearns by the Company will, unless otherwise
available, be held by Bear Stearns in confidence and, without the Company’s prior approval, will not be disclosed to anyone other than Bear Stearns’ employees, agents and advisors or used for any purposes other than those contemplated by
this Agreement. 

  

	C.	The Company recognizes and confirms that, in providing our services pursuant to this Agreement, Bear Stearns will rely upon and assume the accuracy and completeness of all financial
and other information furnished by or discussed with the Company, the Acquiree and their respective Representatives, or available from public sources, and Bear Stearns does not assume responsibility for the accuracy or completeness of any such
information. It is understood and agreed that (i) Bear Stearns will have no obligation to verify such information or to conduct any independent evaluation or appraisal of the assets or liabilities of the Company, the Acquiree or any other party
and (ii) Bear Stearns will assume that any financial projections or forecasts (including cost savings and synergies) that may be furnished by or discussed with the Company or the Acquiree and their respective Representatives have been reasonably
prepared and reflect the best then currently available estimates and judgments of the Company’s or the Acquiree’s management. 

  

	D.	All opinions and advice (written or oral) given by Bear Stearns in connection with Bear Stearns’ engagement are intended solely for the benefit and use of the Board of
Directors of the Company, and no such opinion or advice shall be used for any other purpose or be reproduced, disseminated, quoted from or referred to at any time, in any manner or for any purpose, nor shall any public references to Bear Stearns be
made by the Company without the prior written consent of Bear Stearns. 

  

	E.	Bear Stearns and its affiliates constitute a full service securities firm, engaging in a wide range of activities, including corporate finance, mergers and acquisitions, merchant
banking, equity and fixed income sales, trading and research, derivatives, foreign exchange, futures, asset management, custody, clearance and securities lending. In the course of its business, Bear Stearns and its affiliates may, directly or
indirectly, hold long or short positions, trade and otherwise conduct such activities in or with respect to debt or equity securities and/or bank debt of, and/or derivative products relating to, the Company, the Acquiree and other participants in
the Transaction. In addition, at any given time Bear Stearns and/or any of its affiliates may have been and/or be engaged by one or more entities that may be competitors with, or otherwise adverse to, the Company in matters unrelated to the
Transaction. 

  
 Consistent with applicable legal
and regulatory requirements, Bear Stearns has adopted policies and procedures to establish and maintain the independence of Bear Stearns’ research departments and personnel. As a result, Bear Stearns’ research analysts may hold views, make
statements or investment 

  

 (i) 

 
recommendations and/or publish research reports with respect to the Company, the Acquiree, the Transaction and other participants in the Transaction that
differ from the views of Bear Stearns’ investment banking personnel. 
  

	F.	The Company acknowledges its awareness that (i) the spouse of one of the senior Bear Stearns investment bankers involved in this engagement is a principal of L-1 Investment
Partners (“L-1”), a significant shareholder of the Company and of which Robert V. LaPenta, the Company’s Chairman and Chief Executive Officer, is also a principal, and (ii) certain employees of Bear Stearns (directly or, in the case
referred to in (i) above, through a spouse) have substantial personal investments in L-1 and so, indirectly, in the Company. The Company hereby waives any claims it may have against Bear Stearns for any actual or potential conflicts of interest
that may arise in regard to the relationships described in (i) and (ii) above in the context of Bear Stearns’ engagement hereunder, affirms that these relationships have no bearing on its decision to engage Bear Stearns and enter into
this Agreement and agrees that these relationships do not affect the enforceability of any term or condition of this Agreement. 

  

	G.	Bear Stearns may, at its option and expense, include the Company’s name and logo and a description of Bear Stearns’ role in connection with the Transaction in such
newspapers, periodicals, annual reports and other marketing materials as it may choose. 

  

	H.	To help the United States government fight the funding of terrorism and money laundering activities, the federal law of the United States requires all financial institutions to
obtain, verify and record information that identifies each person with whom they do business as a condition to doing such business. Accordingly, the Company will provide Bear Stearns, upon request, certain identifying information, including a
government-issued identification number, (e.g., a U.S. taxpayer identification number) and certain other information or documents necessary to verify the Company’s identity, such as a certified charter or certificate of incorporation, a
government-issued business license, a partnership agreement or a trust instrument. 

  

	I.	The Company represents, to the best of its knowledge, that none of (i) the Company, (ii) any person controlling or controlled by the Company, (iii) any person having a
beneficial ownership interest in the Company and (iv) any person for whom the Company acts as an agent or nominee is (x) a country, territory, individual or entity named on the U.S. Treasury Department’s Office of Foreign Assets Control
(“OFAC”) list, (y) a person or entity prohibited under the programs administered by OFAC (“OFAC Programs”), or (z) a country, territory, individual or entity named on another international sanctions list. The Company further
represents that, to the best of its knowledge, none of the proceeds of this Transaction shall be derived from or used for any purpose prohibited under the OFAC Programs or other international sanctions programs. 

  

	J.	Notwithstanding any agreement or representation, written or oral, by either the Company or Bear Stearns in connection with the Transaction, the Company and its Representatives shall
have no obligation to Bear Stearns to maintain the confidentiality of the tax treatment and tax structure of the Transaction, or any materials of any kind (including opinions or other analyses) that are provided to the Company relating to such tax
treatment and tax structure. As required by U.S. Treasury Regulations, we hereby inform you that (i) any discussion of federal tax issues contained or referred to in any materials prepared by Bear Stearns in connection with our engagement
hereunder is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code and (ii) such discussion is written to support the promotion or marketing of the
matters addressed therein. Bear Stearns does not provide tax, legal or accounting advice. The Company will consult its own tax, legal and accounting advisors in connection with any Transaction. 

  

	K.	 The Company irrevocably (a) submits to the jurisdiction of any court of the State of New York located in the Borough of Manhattan and the United States
District Court for the Southern District of the State of New York for the purpose of any suit, action, or other proceeding arising out of this Agreement, or any of the agreements or transactions contemplated hereby (each, a “Proceeding”),
(b) agrees that all claims in respect of any Proceeding may be heard and determined in any such court, (c) waives, to the fullest extent permitted by law, any immunity from jurisdiction of any such court or from any legal process therein,
(d) agrees not to 

  

 (ii) 

	 	 
commence any Proceeding other than in such courts and (e) waives, to the fullest extent permitted by law, any claim that such Proceeding is brought in
an inconvenient forum. 

  

	L.	It is understood and agreed that Bear Stearns will act under this Agreement as an independent contractor with obligations solely to the Company and is not being retained hereunder
to advise the Company as to the underlying business decision to consummate any Transaction or with respect to any related financing, derivative or other transaction. Nothing in this Agreement or the nature of our services shall be deemed to create a
fiduciary or agency relationship between Bear Stearns and the Company or its stockholders, employees or creditors, in connection with the Transaction or otherwise. 

  
 Other than as set forth in the Indemnification Provisions, nothing in this Agreement is intended to confer upon any other
person (including stockholders, employees or creditors of the Company) any rights or remedies hereunder or related hereto. The Company agrees that Bear Stearns shall not have any liability (including without limitation, liability for any losses,
claims, damages, obligations, penalties, judgments, awards, liabilities, costs, expenses or disbursements) in contract, tort or otherwise to the Company, or to any person claiming through the Company, in connection with the engagement of Bear
Stearns pursuant to this Agreement and the matters contemplated hereby, except where such liability is found in a final judgment by a court of competent jurisdiction (not subject to further appeal) to have resulted primarily and directly from the
gross negligence or willful misconduct of Bear Stearns. The Company further agrees that Bear Stearns shall have no responsibility for any act or omission by any of the Company’s Representatives. 
  

	M.	This Agreement embodies the entire agreement and understanding of the Company and Bear Stearns with respect to the subject matter hereof. The provisions of this Agreement may not be
modified, amended or supplemented except in writing executed by the Company and Bear Stearns. 

  

 (iii) 

 INDEMNIFICATION PROVISIONS 
  
 Capitalized terms used herein without definition shall have the meanings ascribed thereto in the letter agreement dated
March 29, 2006 (as amended from time to time, the “Agreement”) between Viisage Technology, Inc. and Bear, Stearns & Co. Inc. 
  
 The Company agrees to indemnify and hold harmless Bear Stearns, to the fullest extent permitted by law, from and against, any and all losses, claims,
damages, obligations, penalties, judgments, awards, and other liabilities (collectively, “Liabilities”), and will fully reimburse Bear Stearns for any and all fees, costs, expenses and disbursements (collectively, “Expenses”), as
and when incurred, of investigating, preparing or defending any claim, action, suit, proceeding or investigation, whether or not in connection with pending or threatened litigation or arbitration, and whether or not Bear Stearns is a party
(collectively, “Actions”) (including any and all legal and other Expenses in giving testimony or furnishing documents in response to a subpoena or otherwise), arising out of or in connection with advice or services rendered or to be
rendered by Bear Stearns pursuant to the Agreement, the transactions contemplated thereby or Bear Stearns’ actions or inactions in connection with any such advice, services or transactions; provided, however, such indemnity
agreement shall not apply to any portion of any such Liability or Expense that is found in a final judgment by a court of competent jurisdiction (not subject to further appeal) to have resulted primarily and directly from the gross negligence or
willful misconduct of Bear Stearns. 
  
 These Indemnification
Provisions shall be in addition to any liability which the Company may otherwise have and shall extend to the following: The Bear Stearns Companies Inc., Bear, Stearns & Co. Inc., their respective affiliated entities, directors, officers,
employees, legal counsel, agents and controlling persons (within the meaning of the federal securities laws). All references to Bear Stearns in these Indemnification Provisions shall be understood to include any and all of the foregoing. 

 
 If any Action is commenced as to which Bear Stearns proposes to demand
indemnification hereunder, it shall notify the Company with reasonable promptness; provided, however, that any failure by Bear Stearns to notify the Company shall not relieve the Company from its obligations hereunder. Bear Stearns
shall have the right to retain counsel of its own choice to represent it, and the Company shall pay the Expenses of such counsel; and such counsel shall, to the extent consistent with its professional responsibilities, cooperate with the Company and
any counsel designated by the Company. The Company shall be liable for any settlement of any claim against Bear Stearns made with the Company’s written consent, which consent shall not be unreasonably withheld. The Company shall not, without
the prior written consent of Bear Stearns, settle or compromise any claim, or permit a default or consent to the entry of any judgment, in any Action in respect of which indemnification may be sought hereunder. 
  
 In order to provide for just and equitable contribution, if a claim for
indemnification pursuant to these Indemnification Provisions is made but it is found in a final judgment by a court of competent jurisdiction (not subject to further appeal) that such indemnification may not be enforced in such case, even though the
express provisions hereof provide for indemnification in such case, then the Company, on the one hand, and Bear Stearns, on the other hand, shall contribute to the Liabilities and Expenses to which the indemnified persons may be subject in
accordance with the relative benefits received by the Company, on the one hand, and Bear Stearns, on the other hand, and also the relative fault of the Company, on the one hand, and Bear Stearns, on the other hand, in connection with the statements,
acts or omissions which resulted in such Liabilities and Expenses. The Company agrees for purposes of this paragraph that the relative benefits to the Company and Bear Stearns of any contemplated Transaction (whether or not consummated) shall be
deemed to be in the same proportion as the total value paid or issued or contemplated to be paid or issued to or by the Company or its shareholders in connection with such Transaction bears to the fees paid or payable to Bear Stearns under the
Agreement. Notwithstanding the foregoing, Bear Stearns shall not be obligated to contribute any amount pursuant to this paragraph that exceeds the amount of fees previously received by Bear Stearns pursuant to the Agreement. 
  

 9Support Agreement

 Exhibit 10.1 
 SUPPORT AGREEMENT 
 SUPPORT AGREEMENT, dated as of July 24, 2006 (this
“Agreement”), among the shareholders listed on the signature page(s) hereto (collectively, the “Shareholders” and each individually, a “Shareholder”), and Gladiator Corporation, a Delaware
corporation (the “Parent”). Capitalized terms used and not otherwise defined herein shall have the respective meanings assigned to them in the Merger Agreement referred to below. 
 WHEREAS, as of the date hereof, the Shareholders own of record and beneficially (within the meaning of Rule 13d-3 of the Exchange Act) the shares of
capital stock of the Company set forth on Schedule A hereto (the “Shares”); 
 WHEREAS, concurrently with the
execution of this Agreement, Parent and WatchGuard Technologies, Inc., a Delaware corporation, (the “Company”) are entering into an Agreement and Plan of Merger, dated as of the date hereof, as it may be amended from time to time (the
“Merger Agreement”), pursuant to which, upon the terms and subject to the conditions thereof, a subsidiary of Parent will be merged with and into the Company, and the Company will be the surviving corporation (the
“Merger”); and 
 WHEREAS, as a condition to the willingness of Parent to enter into the Merger Agreement, Parent has
required that the Shareholders agree, and in order to induce Parent to enter into the Merger Agreement the Shareholders are willing, to enter into this Agreement. 
 NOW, THEREFORE, in consideration of the foregoing and the mutual covenants and agreements contained herein, and intending to be legally bound hereby, the parties hereby agree, severally and not jointly, as follows:

 Section 1. Agreement to Vote Shares. 
 (a) Each Shareholder covenants and agrees that until the termination of this Agreement in accordance with the terms hereof, such Shareholder shall (a) when a meeting of the Company’s shareholders is held,
appear at such meeting (in person or by proxy) or otherwise cause all Shares and any New Shares (as defined below) to be counted as present thereat for the purpose of establishing a quorum and (b) vote (or cause to be voted) the Shares and any
New Shares or, in the case of an action by written consent in lieu of a meeting, exercise its right to consent (i) in favor of adoption of the Merger Agreement and approval of the transactions contemplated thereby; (ii) against the
approval of any proposal made in opposition to or in competition with the consummation of the Merger and the Merger Agreement, (iii) against any proposal that would reasonably lead to or result in the conditions of the Company’s or
Parent’s or Merger Sub’s obligations under the Merger Agreement not being fulfilled; (iv) against the adoption of any reorganization, recapitalization, liquidation or winding up of the Company or any other extraordinary transaction
involving the Company; (v) against any Competing Transaction (as defined in the Merger Agreement); and (vi) against the election of a group of individuals to replace a majority or more of the individuals presently on the Board of Directors
of the Company (each item set forth in the foregoing clauses (i) through (vi), a “Proposed Matter”) at every meeting of shareholders of Company called (and at every postponement or adjournment thereof) or action by written
consent taken with respect to any Proposed Matter. 

 Prior to the termination of this Agreement, each Shareholder covenants and agrees not to enter into any agreement or
understanding with any person to vote or give instructions in any manner inconsistent with the terms of this Agreement. The provisions of this Section 1 shall apply to all Shares and New Shares owned by each Shareholder as of the record
date for the vote on any Proposed Matter. 
 (b) Each Shareholder further agrees that, until the termination of this Agreement, (Y) such
Shareholder will not, and will not permit any entity under such Shareholder’s control to, (A) solicit proxies or become a “participant” in a “solicitation” (as such terms are defined in Rule 14A under the Exchange Act)
with respect to an Opposing Proposal (as defined below), (B) initiate a shareholders’ vote with respect to an Opposing Proposal or (C) become a member of a “group” (as such term is used in Section 13(d) of the Exchange
Act) with respect to any voting securities of the Company with respect to an Opposing Proposal. For the purposes of this Agreement, an “Opposing Proposal” means any action or proposal described in clauses (ii) through
(vi) of Section 1(a). 
 (c) New Shares shall be subject to the terms and conditions of this Agreement to the same extent as
if they constituted Shares. “New Shares” means: 
 (i) any shares of capital stock or voting securities of the Company that
Shareholder purchases or with respect to which Shareholder otherwise acquires beneficial ownership (whether through the exercise of any options, warrants or other rights to purchase shares of Company Common Stock or otherwise) after the date of this
Agreement and prior to the termination of this Agreement; and 
 (ii) any shares of capital stock or voting securities of the Company that
Shareholder becomes the beneficial owner of as a result of any change in Company Common Stock by reason of a stock dividend, stock split, split-up, recapitalization, reorganization, business combination, consolidation, exchange of shares, or any
similar transaction or other change in the capital structure of the Company affecting Company Common Stock. 
 Section 2. Irrevocable
Proxy. Each Shareholder has delivered to Parent a duly executed proxy in the form attached hereto as Exhibit A (the “Proxy”), such Proxy covering the issued and outstanding Shares and all issued and outstanding New Shares
in respect of which such Shareholder is the beneficial holder and is entitled to vote at each meeting of the shareholders of the Company (including, without limitation, each written consent in lieu of a meeting) prior to the termination of this
Agreement. Upon the execution of this Agreement by such Shareholder, such Shareholder hereby revokes any and all prior proxies or powers of attorney given by such Shareholder with respect to voting of the Shares on the matters referred to in
Section 1 and agrees not to grant any subsequent proxies or powers of attorney with respect to the voting of the Shares on the matters referred to in Section 1 until after the Expiration Date. Each Shareholder understands and
acknowledges that Parent is entering into the Merger Agreement in reliance upon the Shareholder’s execution and delivery of this Agreement and the Proxy. Each Shareholder hereby affirms that the Proxy is given in consideration of Parent
entering into the Merger Agreement and incurring related fees and expenses, and that such Proxy is given to secure the performance of the duties of such Shareholder under this Agreement. Except as otherwise provided for herein, each Shareholder
hereby (i) affirms that the Proxy is 
  

 2 

 coupled with an interest and may under no circumstances be revoked prior to the Expiration Date, and (ii) ratifies
and confirms that the Proxies appointed hereunder may lawfully do or cause to be done by virtue hereof. The power of attorney granted by each Shareholder herein is a durable power of attorney and shall survive the dissolution, bankruptcy, death or
incapacity of such Shareholder. Notwithstanding any other provisions of this Agreement, the Proxy granted hereunder shall automatically terminate upon the termination of this Agreement. 
 Section 3. Transfer of Shares. 
 (a) Until this Agreement is terminated, each Shareholder covenants and agrees that such Shareholder will not directly or indirectly (i) sell, assign, transfer (including by merger, testamentary disposition, interspousal disposition
pursuant to a domestic relations proceeding or otherwise by operation of law), pledge, exchange, hypothecate, encumber or otherwise dispose of any of the Shares or New Shares, (ii) deposit any of the Shares or New Shares into a voting trust or
enter into a voting agreement or arrangement with respect to the Shares or New Shares or grant any proxy or power of attorney with respect thereto that is inconsistent with this Agreement, (iii) enter into any contract, option, agreement,
commitment, understanding or other arrangement or undertaking with respect to the direct or indirect sale, assignment, transfer, pledge, encumbrance or other disposition of any Shares or New Shares (each, a “Transfer”),
(iv) take any other action that would in any way restrict, limit or interfere with the Shareholder’s obligations under this Agreement or the transactions contemplated to be performed by the Shareholder under this Agreement or (v) seek
or solicit, or agree or commit to do, any of the foregoing. Shareholder agrees to notify Parent promptly, and to provide all details requested by Parent, if Shareholder shall be approached or solicited, directly or indirectly, by any Person with
respect to the foregoing. Any Transfer or purported Transfer of share of Company Common Stock in violation of the foregoing restricts shall be null and void. 
 (b) Permitted Transfers. Section 3(a) shall not prohibit a transfer of Shares or New Shares by a Shareholder (i) upon the death of such Shareholder, interspousal disposition, (ii) for tax or
estate planning or charitable gift purposes or if such Shareholder is a partnership or limited liability company, to one or more partners or members of such Shareholder to an affiliated corporation under common control with such Shareholder;
provided, however, that a transfer referred to in this Section 3(b) shall be permitted only if, as a precondition to such transfer, the transferee agrees in a writing, reasonably satisfactory in form and substance to Parent, to be bound
by the terms of this Agreement and delivers a Proxy to Parent in substantially the form of the Proxy attached hereto. 
 Section 4.
Other Offers. Shareholder and its subsidiaries (if any) shall not, and shall use their best efforts to cause their officers, directors, employees or other agents (if any) not to, directly or indirectly, (i) solicit, initiate, facilitate
or intentionally encourage the submission of any Competing Transaction, or (ii) participate in any discussions or negotiations regarding, or furnish to any Third Party any information or data with respect to or provide access to the properties,
offices, books, records, officers, directors or employees of, or take any other action to knowingly facilitate, induce or encourage the making of any proposal that constitutes, or may reasonably be expected to lead to, any Competing Transaction.
Shareholder will promptly notify Parent after receipt of an Opposing Proposal or any indication that any Person is considering making an Opposing Proposal or any request for nonpublic information relating to the Company 
  

 3 

 or any of its Subsidiaries or for access to the properties, books or records of the Company or any of its Subsidiaries by
any Person that may be considering making, or has made, an Opposing Proposal and will keep Parent fully informed of the status and details of any such Opposing Proposal, indication or request. 
 Section 5. Appraisal Rights. The Shareholder hereby irrevocably and unconditionally waives, and agrees not to exercise, any rights
(including, but not limited to, under Section 262 of the General Corporation Law of the State of Delaware) to demand appraisal of any of the Shares that may arise with respect to the Merger or any of the other transactions contemplated by the
Merger Agreement. 
 Section 6. Stop Transfer Order. In furtherance of this Agreement, the Shareholder shall and hereby does
authorize Parent to notify the Company’s transfer agent that there is a stop transfer restriction with respect to all of the Shares and that this Agreement places limits on the voting and Transfer of the Shares; provided, however, that each
such notification to the Company’s transfer agent in accordance with this Section 6 shall provide that the relevant stop transfer restriction shall not limit the Transfer of Shares by the Shareholder in compliance with Section 3(b).

 Section 7. Representations and Warranties of the Shareholders. Each Shareholder on his or her own behalf hereby severally
represents and warrants to Parent with respect to such Shareholder and such Shareholder’s ownership of the Shares as follows: 
 (a)
Ownership of Shares. The Shareholder beneficially owns all of the Shares and rights to Shares as set forth on Schedule A hereto and has good and marketable title to such Shares, free and clear of any claims, liens, options, charges, proxies,
pledges voting trusts, agreements, rights, understandings, arrangements, encumbrances or security interests. The Shareholder beneficially owns no shares of capital stock or voting securities of the Company, securities of the Company convertible into
or exchangeable for shares of capital stock or voting securities of the Company or options or other rights to acquire from the Company any capital stock, voting securities or securities convertible into or exchangeable for capital stock or voting
securities of the Company other than the Shares as set forth on Schedule A hereto. The Shareholder has sole voting power, without restrictions, with respect to all of the Shares. The Shareholder’s principal residence or place of business is
accurately set forth on the Shareholder’s signature page hereto. 
 (b) Power, Binding Agreement. The Shareholder has the legal
capacity and all requisite power and authority to enter into and perform all of his or her obligations under this Agreement. This Agreement has been duly and validly executed and delivered by the Shareholder and constitutes a valid and binding
obligation of the Shareholder, enforceable against the Shareholder in accordance with its terms, except as enforcement thereof may be limited against such Shareholder by (i) bankruptcy, insolvency, reorganization, moratorium and similar Laws
affecting enforcement of creditors’ rights or remedies in general as from time to time in effect or (ii) the exercise by courts of equity powers. If the Shareholder is married and the Shares set forth on Schedule A hereto constitute
community property under applicable laws, the Shareholder’s spouse has consented to this Agreement. If this Agreement is being executed in a representative or fiduciary capacity, the Shareholder signing this Agreement has full power and
authority to enter into and perform this Agreement. 
  

 4 

 (c) No Conflicts. The execution and delivery of this Agreement do not, conflict with or result in
any violation of, or default (with or without notice or lapse of time, or both) under, or give rise to a right of termination, cancellation or acceleration of any obligation or to loss of a material benefit under, any provision of any loan or credit
agreement, note, bond, mortgage, indenture, lease or other agreement, instrument, permit, concession, franchise, license, judgment, order, decree, statute, law, ordinance, rule or regulation applicable to the Shareholder, the Shares or any of the
Shareholder’s properties or assets. Except as expressly contemplated hereby, the Shareholder is not a party to, and the Shares are not subject to or bound in any manner by, any contract or agreement relating to the Shares, including without
limitation, any voting agreement, option agreement, purchase agreement, shareholders’ agreement, partnership agreement or voting trust. Except for the expiration or termination of the waiting period under the HSR Act and informational filings
with the Securities and Exchange Commission, no consent, approval, order or authorization of, or registration, declaration or filing with, any court, administrative agency or commission or other governmental authority or instrumentality, domestic,
foreign or supranational, is required by or with respect to the Shareholder in connection with the execution and delivery of this Agreement or the consummation by the Shareholder of the transactions contemplated hereby. 
 (d) Finder’s Fees. No investment banker, broker, finder or other intermediary is entitled to a fee or commission from Parent or the Company
in respect of this Agreement based upon any arrangement or agreement made by or on the Shareholder’s behalf. 
 (e) No Litigation or
Orders. There is (a) no action, suit, proceeding, claim, arbitration or investigation pending before any Governmental Entity or, to the Shareholder’s actual knowledge, threatened against, and (b) no judgment, decree or order
against, (i) the Shareholder, or (ii) to the Shareholder’s actual knowledge any of (A) the Shareholder’s Affiliates, (B) any of the Shareholder’s or his or her Affiliates’ respective properties, (C) any
of the Shareholder’s or his or her Affiliates’ officers or directors (in the case of a corporate entity (in their capacities as such)), or (D) any of the Shareholder’s or his or her Affiliates’ respective partners (in the
case of a partnership), in the case of each of (i) and (ii) that, individually or in the aggregate, would reasonably be expected to impair the Shareholder’s ability to consummate the transactions contemplated by this Agreement in any
material respect. 
 Section 8. Termination. This Agreement shall terminate upon such date and time as the Merger Agreement shall
have been terminated in accordance with its terms. 
 Section 9. Fiduciary Duties. Each Shareholder is signing this Agreement
solely in such Shareholder’s capacity as an owner of such Shareholder’s respective Shares, and nothing herein shall prohibit, prevent or preclude such Shareholder from taking or not taking any action in such Shareholder’s capacity as
an officer or director of the Company to the extent permitted by the Merger Agreement, or as an officer or a director of any third party. 
 Section 10. Specific Performance. The parties agree that irreparable damage would occur, no adequate remedy at law would exist and damages would be difficult to determine, in 
  

 5 

 the event that any of the provisions of this Agreement or the Proxy were not performed in accordance with its specific
terms or were otherwise breached. Each Shareholder agrees that, in the event of any breach or threatened breach by such Shareholder of any covenant or obligation contained in this Agreement or in the Proxy, Parent shall be entitled (in addition to
any other remedy that may be available to it, including monetary damages) to seek and obtain (a) a decree or order of specific performance to enforce the observance and performance of such covenant or obligation, and (b) an injunction
restraining such breach or threatened breach. Each Shareholder further agrees that neither Parent nor any other Person shall be required to obtain, furnish or post any bond or similar instrument in connection with or as a condition to obtaining any
remedy referred to in this Section 10, and each Shareholder irrevocably waives any right such Shareholder may have to require the obtaining, furnishing or posting of any such bond or similar instrument. 
 Section 11. Miscellaneous. 
 (a)
Entire Agreement. This Agreement and the Merger Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all prior agreements and understandings, both written and oral,
between the parties with respect thereto. This Agreement may not be amended, modified or rescinded except by an instrument in writing signed by each of the parties hereto. 
 (b) Further Assurances. Parent and the Shareholders will each execute and deliver, or cause to be executed and delivered, all further documents
and instruments and shall take, or cause to be taken, all actions and to do, or cause to be done, all things necessary or, in the reasonable opinion of Parent, advisable under applicable laws and regulations, to make effective the covenants and
agreements made by the Shareholders hereunder. 
 (c) Severability. If any term or other provision of this Agreement is invalid,
illegal or incapable of being enforced by any rule of law, or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect and shall in no way be affected, impaired or invalidated, provided
that, upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties hereto shall modify this Agreement so as to effect the original intent of the parties as closely as possible to the
fullest extent permitted by applicable law in a mutually acceptable manner in order that the terms of this Agreement remain as originally contemplated to the fullest extent possible. 
 (d) Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the state of Delaware without regard to the
principles of conflicts of law thereof. 
 (e) Counterparts. This Agreement may be executed by facsimile signature and in multiple
counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument. 
 (f)
Notices. All notices and other communications hereunder shall be in writing and shall be deemed duly delivered (i) three business days after being sent by registered or certified mail, return receipt requested, postage prepaid, or
(ii) one business day after being 
  

 6 

 sent for next business day delivery, fees prepaid, via a reputable nationwide overnight courier service, in each case to
the intended recipient as set forth below: 
 (i) if to a Shareholder to the address set forth on the respective signature page of this
Agreement; 
 (ii) if to Parent to: 
 Gladiator Corporation 
 c/o Francisco Partners 
 2882 Sand Hill Road 
 Menlo Park, CA 94025 
 Attn: Benjamin Ball 
 Phone:
(650) 233-2902 
 Fax: (650) 233-2999 
 with a copy to: 
 Davis Polk & Wardwell 
 1600 El Camino Real 
 Menlo Park, CA 94025

 Attn: Alan Denenberg 
           Joy Woeber 
 Phone: (650) 752-2000 
 Fax: (650) 752-2111 
 (g) No Third
Party Beneficiaries. This Agreement is not intended, and shall not be deemed, to confer any rights or remedies upon any person other than the parties hereto and their respective successors and permitted assigns, to create any agreement of
employment with any person or to otherwise create any third-party beneficiary hereto. 
 (h) Assignment. Neither this Agreement nor
any of the rights, interests or obligations under this Agreement may be assigned or delegated, in whole or in part, by operation of law or otherwise by any of the parties hereto without the prior written consent of the other parties, and any such
assignment without such prior written consent shall be null and void, except that Parent may assign this Agreement to any direct or indirect Affiliate of Parent without the consent of the Shareholders. Subject to the preceding sentence, this
Agreement shall be binding upon, inure to the benefit of, and be enforceable by, the parties hereto and their respective successors and permitted assigns. 
 (i) Interpretation. When reference is made in this Agreement to a Section, such reference shall be to a Section of this Agreement, unless otherwise indicated. The headings contained in this Agreement are for
convenience of reference only and shall not affect in any way the meaning or interpretation of this Agreement. The language used in this Agreement shall be deemed to be the language chosen by the parties hereto to express their mutual intent, and no
rule of strict construction shall be applied against any party. Whenever the context may require, any pronouns used in this Agreement shall include the corresponding masculine, feminine or 
  

 7 

 neuter forms, and the singular form of nouns and pronouns shall include the plural, and vice versa. Any reference to any
federal, state, local or foreign statute or law shall be deemed also to refer to all rules and regulations promulgated thereunder, unless the context requires otherwise. Whenever the words “include,” “includes” or
“including” are used in this Agreement, they shall be deemed to be followed by the words “without limitation.” No summary of this Agreement prepared by the parties shall affect in any way the meaning or interpretation of this
Agreement. 
 (j) WAIVER OF JURY TRIAL. EACH OF PARENT, THE COMPANY AND EACH SHAREHOLDER HEREBY IRREVOCABLY WAIVES ALL RIGHTS TO TRIAL
BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT OR OTHERWISE) ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THE ACTIONS OF PARENT, THE COMPANY OR EACH SHAREHOLDER IN THE
NEGOTIATION, ADMINISTRATION, PERFORMANCE AND ENFORCEMENT OF THIS AGREEMENT. 
 (k) No Survival. The representation and warranties
contained in the Agreement shall not survive the termination of this Agreement. 
 (l) Capitalized Terms. Capitalized terms used but
not defined herein shall have the respective meanings set forth in the Merger Agreement. 
 [Signature Pages Follow.] 
  

 8 

 IN WITNESS WHEREOF, each of the parties hereto has caused this Agreement to be signed individually or by
its respective duly authorized officer as of the date first written above. 
  

			
	GLADIATOR CORPORATION
		
	By:	 	 /s/ Benjamin Ball

		
	Name:	 	Benjamin Ball
		
	Title:	 	President

 (Signature Page to Support Agreement) 

 IN WITNESS WHEREOF, the undersigned have caused this Agreement to be validly executed by a duly
authorized officer thereof as of the date first above written. 
  

			
	 /s/ EDWARD J. BOREY

	(Signature of Shareholder)
	
	 Edward J. Borey

	(Print name of Shareholder)
		
	Address:	 	  

	
	  

	
	  

		
	Facsimile:	 	  

 (Signature Page to Support Agreement) 

 IN WITNESS WHEREOF, the undersigned have caused this Agreement to be validly executed by a duly
authorized officer thereof as of the date first above written. 
  

			
	 /s/ MICHAEL R. HALLMAN

	(Signature of Shareholder)
	
	 Michael R. Hallman

	(Print name of Shareholder)
		
	Address:	 	  

	
	  

	
	  

		
	Facsimile:	 	  

 (Signature Page to Support Agreement) 

 IN WITNESS WHEREOF, the undersigned have caused this Agreement to be validly executed by a duly
authorized officer thereof as of the date first above written. 
  

			
	 /s/ RICHARD A. LEFAIVRE

	(Signature of Shareholder)
	
	 Richard A. LeFaivre

	(Print name of Shareholder)
		
	Address:	 	  

	
	  

	
	  

		
	Facsimile:	 	  

 (Signature Page to Support Agreement) 

 IN WITNESS WHEREOF, the undersigned have caused this Agreement to be validly executed by a duly
authorized officer thereof as of the date first above written. 
  

			
	 /s/ STEVEN N. MOORE

	(Signature of Shareholder)
	
	 Steven N. Moore

	(Print name of Shareholder)
		
	Address:	 	  

	
	  

	
	  

		
	Facsimile:	 	  

 (Signature Page to Support Agreement) 

 IN WITNESS WHEREOF, the undersigned have caused this Agreement to be validly executed by a duly
authorized officer thereof as of the date first above written. 
  

			
	 /s/ WILLIAM J. SCHROEDER

	(Signature of Shareholder)
	
	 William J. Schroeder

	(Print name of Shareholder)
		
	Address:	 	  

	
	  

	
	  

		
	Facsimile:	 	  

 (Signature Page to Support Agreement) 

 IN WITNESS WHEREOF, the undersigned have caused this Agreement to be validly executed by a duly
authorized officer thereof as of the date first above written. 
  

			
	 /s/ BRADLEY E. SPARKS

	(Signature of Shareholder)
	
	 Bradley E. Sparks

	(Print name of Shareholder)
		
	Address:	 	  

	
	  

	
	  

		
	Facsimile:	 	  

 (Signature Page to Support Agreement) 

 SCHEDULE A 
  

							
	 Shareholder
	  	 Number of
 Shares
 Owned
	  	 Vested
 Options
 as of 7/21/06*
	  	Total
	 Edward J. Borey
	  	28,000	  	450,000	  	478,000
	 Bradley E. Sparks
	  	16,000	  	87,500	  	103,500
		  	 	  	 	  	 
	 Sub-Total Management
	  	44,000	  	537,500	  	581,500
		  	 	  	 	  	 
	 Michael R. Hallman
	  	20,700	  	10,000	  	30,700
	 Michael R. Kourey
	  	4,000	  	10,000	  	14,000
	 Richard A. LeFaivre
	  	7,000	  	10,000	  	17,000
	 Steven N. Moore
	  	1,358,465	  	10,000	  	1,368,465
	 William J. Schroeder
	  	17,500	  	10,000	  	27,500
		  	 	  	 	  	 
	 Sub-Total Board of Directors
	  	1,407,665	  	50,000	  	1,457,665
		  	 	  	 	  	 
	 Total - Management and Directors
	  	1,451,665	  	587,500	  	2,039,165
		  	 	  	 	  	 

	*	Represents in-the-money options, assuming merger consideration of $4.25 per share. 

 EXHIBIT A 
 IRREVOCABLE PROXY 
 TO VOTE STOCK OF 
 WATCHGUARD TECHNOLOGIES, INC. 
 The undersigned shareholder of WatchGuard Technologies, Inc., a
Delaware corporation (the “Company”), hereby irrevocably appoints the members of the Board of Directors of Gladiator Corporation, a Delaware corporation (“Parent”), and each of them, or any other designee of Parent,
as the sole and exclusive attorneys and proxies of the undersigned, with full power of substitution and re-substitution, to vote, express consent or dissent and otherwise exercise all voting rights (to the full extent that the undersigned is
entitled to do so) with respect to all of the issued and outstanding shares of capital stock of the Company that now are owned of record by the undersigned (collectively, the “Shares”) in accordance with the terms of this
Irrevocable Proxy. The Shares beneficially owned by the undersigned shareholder of the Company as of the date of this Irrevocable Proxy are listed on the final page of this Irrevocable Proxy. Upon the undersigned’s execution of this Irrevocable
Proxy, any and all prior proxies given by the undersigned with respect to the voting of any Shares on the matters referred to in the third full paragraph of this Irrevocable Proxy are hereby revoked and the undersigned agrees not to grant any
subsequent proxies with respect to such matters until after the Expiration Date (as defined below). 
 This Irrevocable Proxy is irrevocable, is coupled with
an interest, and is granted in consideration of Parent (i) entering into that certain Agreement and Plan of Merger (the “Merger Agreement”) by and among Parent, Warrior Acquisition Corporation, a Delaware corporation and a
wholly owned subsidiary of Parent (“Merger Sub”), and the Company, which Merger Agreement provides for the merger of Merger Sub with and into the Company (the “Merger”) and (ii) incurring related fees and
expenses. As used herein, the term “Expiration Date” shall mean such date and time as the Merger Agreement shall have been terminated in accordance with its terms. Capitalized terms used and not otherwise defined herein shall have
the respective meanings assigned to them in the Merger Agreement. 
 The attorneys and proxies named above, and each of them are hereby authorized and
empowered by the undersigned, at any time prior to the Expiration Date, to act as the undersigned’s attorney and proxy to vote the Shares, and to exercise all voting rights of the undersigned with respect to the Shares (including, without
limitation, the power to execute and deliver written consents), at every annual, special or adjourned meeting of the shareholders of the Company and in every written consent in lieu of such meeting: 
 (a) in favor of adoption of the Merger Agreement and approval of the transactions contemplated thereby; 
 (b) against the approval of any proposal made in opposition to or in competition with the consummation of the Merger and the Merger Agreement;

  

 Exhibit A-1 

 (c) against any proposal that would reasonably lead to, result in the conditions of the Company’s or
Parent’s or Merger Sub’s obligations under the Merger Agreement not being fulfilled; 
 (d) against the adoption of any
reorganization, recapitalization, liquidation or winding up of the Company or any other extraordinary transaction involving the Company 
 (e) against any Competing Transaction (as defined in the Merger Agreement); and 
 (f) against the election of a group of
individuals to replace a majority or more of the individuals presently on the Board of Directors of the Company. 
 The attorneys and proxies named above may
not exercise this Irrevocable Proxy on any other matter except as provided above. The undersigned shareholder may vote the Shares on all other matters. 
 All authority herein conferred shall survive the death or incapacity of the undersigned and any obligation of the undersigned hereunder shall be binding upon the heirs, personal representatives, successors and assigns of the undersigned.

 (Remainder of page intentionally left blank) 
  

 Exhibit A-2 

 This Irrevocable Proxy is coupled with an interest as aforesaid and is irrevocable.

 Dated:
                    , 2006 
  

	
	  
 (Signature of
Shareholder)

	
	  
 (Print Name of
Shareholder)

  

			
	  
	 	shares of Company Common
	 Stock owned on the date hereof:

		
	  
	 	shares of Company Common
	 Stock issuable upon the exercise of
 outstanding options, warrants or other rights.

 (Signature Page to Irrevocable Proxy) 

 This Irrevocable Proxy is coupled with an interest as aforesaid and is irrevocable.

 Dated:
                    , 2006 
  

	
	  
 (Print name of
Shareholder)

	
	  
 (Signature of
Shareholder)

	
	  
 (Print name of
signatory)

	
	  
 (Print title of
signatory)

  

			
	  
	 	shares of Company Common
	 Stock owned on the date hereof:

		
	  
	 	shares of Company Common
	 Stock issuable upon the exercise of
 outstanding options, warrants or other rights.

 (Signature Page to Irrevocable Proxy)

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00107-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00107-of-00352.parquet"}]]