Document:

EX-10.2 1989 OUTSIDE DIRECTORS STOCK OPTION PLAN

 

EXHIBIT 10.2

ASCENTIAL SOFTWARE CORPORATION (FORMERLY KNOWN AS INFORMIX CORPORATION)

AMENDED AND RESTATED 1989 OUTSIDE DIRECTORS STOCK OPTION PLAN

(as amended by the Board of Directors on February 13, 1992,
April 28, 2000, May 13, 2002 and
June 5, 2003 and approved by the stockholders on May 14, 1992 and June 17, 2003)

     1.     Purpose. The Ascential Software Corporation 1989 Outside Directors
Stock Option Plan (the “Plan”) is established effective as of February 13, 1989
(the “Effective Date”) to create additional incentive for the outside directors
of Ascential Software Corporation (formerly known as Informix Corporation) and
any successor corporation thereto (collectively referred to as the “Company”),
to promote the financial success and progress of the Company.

     2.     Administration. The Plan shall be administered by the Board of
Directors of the Company (the “Board”) and/or by a duly appointed committee of
the Board having such powers as shall be specified by the Board. Any
subsequent references herein to the Board shall also mean the committee if such
committee has been appointed and, unless the powers of the committee have been
specifically limited, the committee shall have all of the powers of the Board
granted herein, including, without limitation, the power to terminate or amend
the Plan at any time, subject to the terms of the Plan and any applicable
limitations imposed by law. All questions of interpretation of the Plan or of
any options granted under the Plan (an “Option”) shall be determined by the
Board, and such determinations shall be final and binding upon all persons
having an interest in the Plan and/or any Option. All Options shall be
nonqualified stock options. Any officer of the Company shall have the
authority to act on behalf of the Company with respect to any matter, right,
obligation, or election which is the responsibility of or which is allocated to
the Company herein, provided the officer has apparent authority with respect to
such matter, right, obligation, or election.

     3.     Eligibility and Type of Option. The Options may be granted only to
directors of the Company who are not employees of the Company or any present or
future parent and/or subsidiary corporations of the Company. Options granted
to eligible directors of the Company (“Outside Directors”) shall be
nonqualified stock options; that is, options which are not to be treated as
having been granted under section 422(b) or section 423 of the Internal Revenue
Code of 1986, as amended (the “Code”). For purposes of the Plan, a parent
corporation and a subsidiary corporation shall be defined in the Code.

     4.     Shares Subject to Option. Options shall be options for the purchase of
the authorized but unissued common stock of the Company (the “Stock”), subject
to adjustment as provided in paragraph 8 below. The maximum number of shares
of Stock which may be issued under the Plan shall be 2,600,000. In the event
that any outstanding Option for any reason expires or is terminated and/or
shares of Stock subject to repurchase are repurchased by the Company, the
shares allocable to the unexercised portion of such Option, or such repurchased
shares, may again be subjected to an Option.

     5.     Time for Granting Options. All Options shall be granted, if at all,
within twenty (20) years from the Effective Date.

 

 

     6.     Terms, Conditions and Form of Options. Options granted pursuant to the
Plan shall be evidenced by written agreements specifying the number of shares
of Stock covered thereby, in substantially the form attached hereto as Exhibit
A and incorporated herein by reference (the “Option Agreement”), and shall
comply with and be subject to the following terms and conditions:

          (a)     Automatic Grant of Options. Subject to execution by each Outside
Director of the Option Agreement:

               (i)     On the Effective Date, any Outside Director who is a Class III
director of the Company and who is not standing for reelection at the 1989
annual meeting of shareholders shall be granted an Option for five thousand
(5000) shares of Stock.

               (ii)     Upon initial appointment to the Board, each Outside Director shall be
granted an Option for twenty thousand (20,000) shares of Stock. One third of
the shares subject to the Option will vest and become exercisable for each full
year of the Outside Director’s continuous service as a director of the Company.

               (iii)     Each Outside Director shall be granted an Option for fifteen
thousand (15,000) shares of Stock. One third of the shares subject to the
Option will vest and become exercisable on each one year anniversary. One
third of the shares subject to the Option will vest and become exercisable for
each full year of the Outside Director’s continuous service as a director of
the Company.

               (iv)     Upon re-election to the Board, each Outside Director shall be granted
an Option for fifteen thousand (15,000) shares of Stock. One third of the
shares subject to the Option will vest and become exercisable per year for each
full year of the Outside Director’s continuous service as a director of the
Company.

               (v)     Notwithstanding any other provision of the Plan, no Option shall be
granted to any individual who is no longer serving as an Outside Director of
the Company.

          (b)     Option Price. The option price per share for an Option shall be the
fair market value as of the date of the grant, as determined by (i) the closing
price of a share of the Company’s Stock on the principal exchange on which the
shares of the Company’s Stock are then trading, if any, on such date, or, if
shares were not traded on such date then on the next preceding trading day
during which a sale occurred; (ii) if such Stock is not traded on an exchange
but quoted on NASDAQ or a successor quotation system, (1) the last sales price
(if the Stock is then listed as a National Market Issue under the NASDAQ
National Market System) or (2) the mean between the closing representative bid
and asked prices (in all other cases) for the Stock on such date as reported by
NASDAQ or such successor quotation system; or (iii) if such stock is not
publicly traded on an exchange and not quoted on NASDAQ or a successor
quotation system, the fair market value established by the Board acting in good
faith. Notwithstanding the foregoing, an Option may be granted with an
exercise price lower than the minimum exercise price set forth above if such
Option is granted pursuant to an assumption or substitution for another option
in a manner qualifying with the provisions of the Code.

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          (c)     Exercise Period of Options. An Option granted hereunder shall be
exercisable for a term of ten (10) years; provided, however, that the option
granted to James Koch on May 14, 1992 shall be exercisable until May 14, 2005.

          (d)     Payment of Option Price. Payment of the option price for the number
of shares of Stock being purchased pursuant to any Option shall be made in
cash, by check, or cash equivalent.

          (e)     Shareholder Approval. Any Option granted pursuant to the Plan shall
be subject to obtaining shareholder approval of the Plan at the first annual
meeting of shareholders after the Effective Date. Notwithstanding the
foregoing, shareholder approval shall not be necessary in order to grant any
Option granted on the Effective Date; provided, however, that the exercise of
any such Option shall be subject to obtaining shareholder approval of the Plan.

     7.     Authority to Vary Terms. The Board shall have the authority from time
to time to vary the terms of the Option Agreement either in connection with the
grant of an individual Option or in connection with the authorization of a new
standard form or forms; provided, however, that the terms and conditions of
such revised or amended stock option agreements shall be in accordance with the
terms of the Plan. Such authority shall include, but not by way of limitation,
the authority to grant Options which are immediately exercisable subject to the
Company’s right to repurchase any unvested shares of stock acquired by the
Optionee on exercise of an Option in the event such Optionee’s service as a
director of the Company is terminated for any reason.

     8.     Effect of Change in Stock Subject to Plan. Appropriate adjustments
shall be made in the number and class of shares of Stock subject to the Plan
and to any outstanding Options and in the option price of any outstanding
Options in the event of a stock dividend, stock split, reverse stock split,
combination, reclassification, or like change in the capital structure of the
Company.

     9.     Transfer of Control. A “Transfer of Control” shall be deemed to have
occurred in the event any of the following occurs with respect to the Company:

          (a)     a merger, consolidation, or reorganization in which the shareholders
of the Company before such merger, consolidation, or reorganization do not
retain, directly or indirectly, at least a majority of the beneficial interest
in the voting stock of the Company;

          (b)     the sale, exchange, or transfer of all or substantially all of the
assets of the Company (other than a sale, exchange, or transfer to one (1) or
more corporations where the shareholders of the Company before such sale,
exchange, or transfer retain, directly or indirectly, at least a majority of
the beneficial interest in the voting stock of the corporation(s) to which the
assets were transferred);

          (c)     the direct or indirect sale or exchange by the shareholders of the
Company of eighty percent (80%) or more of the then outstanding voting stock of
the Company where the shareholders of the Company before such sale or exchange
do not retain, directly or indirectly, at least a majority of the beneficial
interest in the voting stock of the Company; or

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          (d)     the liquidation or dissolution of the Company.

     Subject to any required action by the shareholders of the Company, in the
event of a Transfer of Control, each Optionee shall have the right within a
period commencing not more than thirty (30) days immediately prior to, and
ending on the day immediately prior to, such Transfer of Control to exercise
his outstanding Option(s) to the extent of all or any part of the aggregate
number of shares subject to such Option(s).

     10.     Options Non-Transferable. During the lifetime of the Optionee, the
Option shall be exercisable only by the Optionee. No Option shall be
assignable or transferable by the Optionee, except by will or by the laws of
descent and distribution.

     11.     Termination or Amendment of Plan. The Board, including any duly
appointed committee of the Board, may terminate or amend the Plan at any time;
provided, however, that without the approval of the Company’s shareholders,
there shall be (a) no increase in the total number of shares of Stock covered
by the Plan (except by operation of the provisions of paragraph 8 above), and
(b) no change in the class of persons eligible to receive nonqualified stock
options. In any event, no amendment may adversely affect any then outstanding
Option or any unexercised portion thereof, without the consent of the Optionee.

EXECUTION

IN WITNESS WHEREOF, Ascential Software Corporation, by its duly authorized
officer, has executed the Plan on the date indicated below.

ASCENTIAL SOFTWARE CORPORATION

By: /s/ PETER GYENES

Name: Peter Gyenes

Title: Chairman and Chief Executive Officer

4EX-10.3 1997 EMPLOYEE STOCK PURCHASE PLAN

 

EXHIBIT 10.3

ASCENTIAL SOFTWARE CORPORATION (FORMERLY KNOWN AS INFORMIX CORPORATION)

AMENDED AND RESTATED 1997 EMPLOYEE STOCK PURCHASE PLAN

(Effective as of July 1, 1997, as amended by the Board of Directors on January
9, 1998, April 28, 2000 and June 5, 2003 and approved by the stockholders on
June 21, 2000 and June 17, 2003)

SECTION 1

PURPOSE

     To provide eligible employees of the Company and its participating
Subsidiaries with the opportunity to purchase Common Stock through payroll
deductions. The Plan is intended to qualify as an employee stock purchase plan
under Section 423(b) of the Code.

SECTION 2

DEFINITIONS

     2.1    “1934 ACT” means the Securities Exchange Act of 1934, as amended.
Reference to a specific Section of the 1934 Act or regulation thereunder shall
include such Section or regulation, any valid regulation promulgated under such
Section, and any comparable provision of any future legislation or regulation
amending, supplementing or superseding such Section or regulation.

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

     2.3    “CODE” means the Internal Revenue Code of 1986, as amended. Reference
to a specific Section of the Code or regulation thereunder shall include such
Section or regulation, any valid regulation promulgated under such Section, and
any comparable provision of any future legislation or regulation amending,
supplementing or superseding such Section or regulation.

     2.4    “COMMITTEE” means the committee appointed by the Board to administer
the Plan. Any member of the Committee may resign at any time by notice in
writing mailed or delivered to the Secretary of the Company. As of the
effective date of the Plan, the Committee shall be administered by the
Compensation Committee of the Board.

     2.5    “COMMON STOCK” means the common stock of the Company.

     2.6    “COMPANY” means Ascential Software Corporation (formerly known as
Informix Corporation), a Delaware corporation.

     2.7    “COMPENSATION” means a Participant’s base salary or regular wages
(including sick pay and vacation pay), overtime, bonuses and commissions. The
Committee, in its discretion, may (on a uniform and nondiscriminatory basis)
establish a different definition of Compensation prior to an Enrollment Date
for all options to be granted on such Enrollment Date.

     2.8    “ELIGIBLE EMPLOYEE” means every Employee of an Employer, except (a)
any Employee who immediately after the grant of an option under the Plan, would
own stock

 

 

 and/or hold outstanding options to purchase stock possessing five percent
(5%) or more of the total combined voting power or value of all classes of
stock of the Company or of any Subsidiary of the Company (including stock
attributed to such Employee pursuant to Section 424(d) of the Code), or (b) as
provided in the following sentence. The Committee, in its discretion, from time
to time may, prior to an Enrollment Date for all options to be granted on such
Enrollment Date, determine (on a uniform and nondiscriminatory basis) that an
Employee shall not be an Eligible Employee if he or she: (1) has not completed
at least two years of service since his or her last hire date, (2) customarily
works not more than 20 hours per week, (3) customarily works not more than 5
months per calendar year, or (4) is an officer or other manager.

     2.9    “EMPLOYEE” means an individual who is a common-law employee of any
Employer, whether such employee is so employed at the time the Plan is adopted
or becomes so employed subsequent to the adoption of the Plan.

     2.10    “EMPLOYER” or “EMPLOYERS” means any one or all of the Company and
those Subsidiaries which, with the consent of the Board, have adopted the Plan.

     2.11    “ENROLLMENT DATE” means the first day of each calendar quarter and/or
such other dates determined by the Committee (in its discretion and on a
uniform and nondiscriminatory basis) from time to time.

     2.12    “GRANT DATE” means any date on which a Participant is granted an
option under the Plan.

     2.13    “PARTICIPANT” means an Eligible Employee who (a) has become a
Participant in the Plan pursuant to Section 4.1 and (b) has not ceased to be a
Participant pursuant to Section 8 or Section 9.

     2.14    “PLAN” means the Ascential Software Corporation 1997 Employee Stock
Purchase Plan, as set forth in this instrument and as hereafter amended from
time to time.

     2.15    “PURCHASE DATE” means the last day of each March, June, September and
December, or such other specific business days as may be established by the
Committee (in its discretion and on a uniform and nondiscriminatory basis) from
time to time prior to an Enrollment Date for all options to be granted on such
Enrollment Date.

     2.16    “SUBSIDIARY” means any corporation in an unbroken chain of
corporations beginning with the Company if each of the corporations other than
the last corporation in the unbroken chain then owns stock possessing fifty
percent (50%) or more of the total combined voting power of all classes of
stock in one of the other corporations in such chain.

SECTION 3

SHARES SUBJECT TO THE PLAN

     3.1    NUMBER AVAILABLE. A maximum of 9,000,000 shares of Common Stock shall
be available for issuance pursuant to the Plan. This includes 4,000,000 Shares
added to the Plan by amendment effective June 21, 2000 and an additional
1,000,000 Shares added to the Plan

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 by amendment effective June 17, 2003. Shares sold under the Plan may be
newly issued shares or treasury shares.

     3.2    ADJUSTMENTS. In the event of any reorganization, recapitalization,
stock split, reverse stock split, stock dividend, combination of shares,
merger, consolidation, offering of rights or other similar change in the
capital structure of the Company, the Board may make such adjustment, if any,
as it deems appropriate in the number, kind and purchase price of the shares
available for purchase under the Plan and in the maximum number of shares
subject to any option under the Plan.

SECTION 4

ENROLLMENT

     4.1    PARTICIPATION. Each Eligible Employee may elect to become a
Participant by enrolling or re-enrolling in the Plan effective as of any
Enrollment Date. In order to enroll, an Eligible Employee must complete, sign
and submit to the Company an enrollment form in such form as may be specified
by the Committee (in its discretion and on a uniform and nondiscriminatory
basis) from time to time. Any enrollment form received by the Company no later
than the business day immediately preceding an Enrollment Date shall be
effective on that Enrollment Date, provided that the Committee, in its
discretion, may (on a uniform and nondiscriminatory basis) specify an earlier
or later deadline for the submission of enrollment forms. Any Participant whose
option expires and who has not withdrawn from the Plan automatically will be
re-enrolled in the Plan on the Enrollment Date immediately following the
Purchase Date on which his or her option expires.

     4.2    PAYROLL WITHHOLDING. On his or her enrollment form, each Participant
must elect to make Plan contributions via payroll withholding from his or her
Compensation. Pursuant to such procedures as the Committee may specify from
time to time, a Participant may elect to have withholding equal to a whole
percentage from 1% to 15% (or such lesser percentage that the Committee may
establish from time to time for all options to be granted on any Enrollment
Date). A Participant may elect to increase or decrease his or her rate of
payroll withholding (effective as of any Enrollment Date) by submitting a new
enrollment form in accordance with such procedures as may be established by the
Committee from time to time. A Participant may stop his or her payroll
withholding by submitting a new enrollment form in accordance with such
procedures as may be established by the Committee from time to time. In order
to be effective as of a specific date, an enrollment form must be received by
the Company no later than the deadline specified by the Committee, in its
discretion and on a uniform and nondiscriminatory basis, from time to time. Any
Participant who is automatically re-enrolled in the Plan will be deemed to have
elected to continue his or her contributions at the percentage last elected by
the Participant.

SECTION 5

OPTIONS TO PURCHASE COMMON STOCK

     5.1    GRANT OF OPTION. On each Enrollment Date on which the Participant
enrolls or re-enrolls in the Plan, he or she shall be granted an option to
purchase shares of Common Stock.

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     5.2    DURATION OF OPTION. Each option granted under the Plan shall expire on
the earliest to occur of (a) the completion of the purchase of shares on the
last Purchase Date occurring within 12 months of the Grant Date of such option,
(b) such shorter enrollment period as may be established by the Committee from
time to time prior to an Enrollment Date for all options to be granted on such
Enrollment Date, or (c) the date on which the Participant ceases to be such for
any reason. Until otherwise determined by the Committee for all options to be
granted on an Enrollment Date, the period referred to in clause (b) in the
preceding sentence shall mean the expiration of 3 months from the Grant Date.

     5.3    NUMBER OF SHARES SUBJECT TO OPTION. The number of shares available for
purchase by each Participant under the option will be established by the
Committee from time to time prior to an Enrollment Date for all options to be
granted on such Enrollment Date. Until otherwise determined by the Committee
for all options to be granted on an Enrollment Date, in no event shall the
maximum number of shares purchasable with any option exceed 20,000 shares
(amended as of January 9, 1998). In addition and notwithstanding the preceding,
an option (taken together with all other options then outstanding under this
Plan and under all other similar employee stock purchase plans of the
Employers) shall not give the Participant the right to purchase shares at a
rate which accrues in excess of $25,000 of fair market value at the applicable
Grant Dates of such shares in any calendar year during which such Participant
is enrolled in the Plan at any time.

     5.4    OTHER TERMS AND CONDITIONS. Each option shall be subject to the
following additional terms and conditions:

               (a)     payment for shares purchased under the option shall be made only
through payroll withholding under Section 4.2;

               (b)     purchase of shares upon exercise of the option will be accomplished
only in accordance with Section 6.1;

               (c)     the price per share under the option will be determined as provided in
Section 6.1; and

               (d)     the option in all respects shall be subject to such other terms and
conditions (applied on a uniform and nondiscriminatory basis), as the Committee
shall determine from time to time in its discretion.

SECTION 6

PURCHASE OF SHARES

     6.1    EXERCISE OF OPTION. Subject to Section 6.2, on each Purchase Date, the
funds then credited to each Participant’s account shall be used to purchase
whole shares of Common Stock. Any balance remaining in a Participant’s account
immediately after a Purchase Date will be automatically refunded to such
Participant, except that any balance which is less than the purchase price of
one share of Common Stock will be carried forward into the Participant’s
account for the purchase of shares on the next Purchase Date, unless the
Participant elects not to purchase shares on the next Purchase Date, in which
case the balance in the

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 Participant’s account shall be refunded. The price per Share of the Shares
purchased under any option granted under the Plan shall be eighty-five percent
(85%) of the lower of:

               (a)     the closing price per Share on the Grant Date for such option on the
NASD National Market System; or

               (b)     the closing price per Share on the Purchase Date on the NASD National
Market System.

For purposes of this Section 6.1, (1) if a Grant Date is not a business day,
the closing price per Share for such date shall be deemed to be the closing
price per Share on the first business day immediately following such date, and
(2) if a Purchase Date is not a business day, the closing price per Share for
such date shall be deemed to be the closing price per Share on the last
business day immediately preceding such date.

     6.2    DELIVERY OF SHARES. As directed by the Committee in its sole
discretion, shares purchased on any Purchase Date shall be delivered directly
to the Participant or to a custodian or broker designated by the Committee to
hold shares for the benefit of the Participants. As determined by the Committee
from time to time, such shares shall be delivered as physical certificates or
by means of a book entry system.

     6.3    EXHAUSTION OF SHARES. If at any time the shares available under the
Plan are over-enrolled, enrollments shall be reduced proportionately to
eliminate the over-enrollment. Such reduction method shall be “bottom up,” with
the result that all option exercises for one share shall be satisfied first,
followed by all exercises for two shares, and so on, until all available shares
have been exhausted. Any funds that, due to over-enrollment, cannot be applied
to the purchase of whole shares shall be refunded to the Participants (without
interest thereon).

SECTION 7

WITHDRAWAL

     7.1    WITHDRAWAL. A Participant may withdraw from the Plan by submitting a
completed enrollment form to the Company. A withdrawal will be effective only
if it is received by the Company by the deadline specified by the Committee (in
its discretion and on a uniform and nondiscriminatory basis) from time to time.
When a withdrawal becomes effective, the Participant’s payroll contributions
shall cease and all amounts then credited to the Participant’s account shall be
distributed to him or her (without interest thereon).

SECTION 8

CESSATION OF PARTICIPATION

     8.1    TERMINATION OF STATUS AS ELIGIBLE EMPLOYEE. A Participant shall cease
to be a Participant immediately upon the cessation of his or her status as an
Eligible Employee (for example, because of his or her termination of employment
from all Employers for any reason). As soon as practicable after such
cessation, the Participant’s payroll contributions shall cease and all amounts
then credited to the Participant’s account shall be distributed to him or her
(without interest thereon). If a Participant is on a Company-approved leave of
absence, his

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 or her participation in the Plan shall continue for so long as he or she
remains an Eligible Employee and has not withdrawn from the Plan pursuant to
Section 7.1.

SECTION 9

DESIGNATION OF BENEFICIARY

     9.1    DESIGNATION. Each Participant may, pursuant to such uniform and
nondiscriminatory procedures as the Committee may specify from time to time,
designate one or more Beneficiaries to receive any amounts credited to the
Participant’s account at the time of his or her death. Notwithstanding any
contrary provision of this Section 9, Sections 9.1 and 9.2 shall be operative
only after (and for so long as) the Committee determines (on a uniform and
nondiscriminatory basis) to permit the designation of Beneficiaries.

     9.2    CHANGES. A Participant may designate different Beneficiaries (or may
revoke a prior Beneficiary designation) at any time by delivering a new
designation (or revocation of a prior designation) in like manner. Any
designation or revocation shall be effective only if it is received by the
Committee. However, when so received, the designation or revocation shall be
effective as of the date the designation or revocation is executed (whether or
not the Participant still is living), but without prejudice to the Committee on
account of any payment made before the change is recorded. The last effective
designation received by the Committee shall supersede all prior designations.

     9.3    FAILED DESIGNATIONS. If a Participant dies without having effectively
designated a Beneficiary, or if no Beneficiary survives the Participant, the
Participant’s Account shall be payable to his or her estate.

SECTION 10

ADMINISTRATION

     10.1    PLAN ADMINISTRATOR. The Plan shall be administered by the Committee.
The Committee shall have the authority to control and manage the operation and
administration of the Plan.

     10.2    ACTIONS BY COMMITTEE. Each decision of a majority of the members of
the Committee then in office shall constitute the final and binding act of the
Committee. The Committee may act with or without a meeting being called or held
and shall keep minutes of all meetings held and a record of all actions taken
by written consent.

     10.3    POWERS OF COMMITTEE. The Committee shall have all powers and
discretion necessary or appropriate to supervise the administration of the Plan
and to control its operation in accordance with its terms, including, but not
by way of limitation, the following discretionary powers:

               (a)     To interpret and determine the meaning and validity of the provisions
of the Plan and the options and to determine any question arising under, or in
connection with, the administration, operation or validity of the Plan or the
options;

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               (b)     To determine any and all considerations affecting the eligibility of
any employee to become a Participant or to remain a Participant in the Plan;

               (c)     To cause an account or accounts to be maintained for each Participant;

               (d)     To determine the time or times when, and the number of shares for
which, options shall be granted;

               (e)     To establish and revise an accounting method or formula for the Plan;

               (f)     To designate a custodian or broker to receive shares purchased under
the Plan and to determine the manner and form in which shares are to be
delivered to the designated custodian or broker;

               (g)     To determine the status and rights of Participants and their
Beneficiaries or estates;

               (h)     To employ such brokers, counsel, agents and advisers, and to obtain
such broker, legal, clerical and other services, as it may deem necessary or
appropriate in carrying out the provisions of the Plan;

               (i)     To establish, from time to time, rules for the performance of its
powers and duties and for the administration of the Plan;

               (j)     To adopt such procedures and subplans as are necessary or appropriate
to permit participation in the Plan by employees who are foreign nationals or
employed outside of the United States; and

               (k)     To delegate to any one or more of its members or to any other person,
severally or jointly, the authority to perform for and on behalf of the
Committee one or more of the functions of the Committee under the Plan.

     10.4    DECISIONS OF COMMITTEE. All actions, interpretations, and decisions
of the Committee shall be conclusive and binding on all persons, and shall be
given the maximum possible deference allowed by law.

     10.5    ADMINISTRATIVE EXPENSES. All expenses incurred in the administration
of the Plan by the Committee, or otherwise, including legal fees and expenses,
shall be paid and borne by the Employers, except any stamp duties or transfer
taxes applicable to the purchase of shares may be charged to the account of
each Participant. Any brokerage fees for the purchase of shares by a
Participant shall be paid by the Company, but fees and taxes (including
brokerage fees) for the transfer, sale or resale of shares by a Participant, or
the issuance of physical share certificates, shall be borne solely by the
Participant.

     10.6    ELIGIBILITY TO PARTICIPATE. No member of the Committee who is also an
employee of an Employer shall be excluded from participating in the Plan if
otherwise eligible, but he or she shall not be entitled, as a member of the
Committee, to act or pass upon any matters pertaining specifically to his or
her own account under the Plan.

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     10.7    INDEMNIFICATION. Each of the Employers shall, and hereby does,
indemnify and hold harmless the members of the Committee and the Board, from
and against any and all losses, claims, damages or liabilities (including
attorneys’ fees and amounts paid, with the approval of the Board, in settlement
of any claim) arising out of or resulting from the implementation of a duty,
act or decision with respect to the Plan, so long as such duty, act or decision
does not involve gross negligence or willful misconduct on the part of any such
individual.

SECTION 11

AMENDMENT, TERMINATION, AND DURATION

     11.1    AMENDMENT, SUSPENSION, OR TERMINATION. The Board, in its sole
discretion, may amend or terminate the Plan, or any part thereof, at any time
and for any reason. If the Plan is terminated, the Board, in its discretion,
may elect to terminate all outstanding options either immediately or upon
completion of the purchase of shares on the next Purchase Date, or may elect to
permit options to expire in accordance with their terms (and participation to
continue through such expiration dates). If the options are terminated prior to
expiration, all amounts then credited to Participants’ accounts which have not
been used to purchase shares shall be returned to the Participants (without
interest thereon) as soon as administratively practicable.

     11.2    DURATION OF THE PLAN. The Plan shall commence on the date specified
herein, and subject to Section 11.1 (regarding the Board’s right to amend or
terminate the Plan), shall remain in effect thereafter.

SECTION 12

GENERAL PROVISIONS

     12.1    PARTICIPATION BY SUBSIDIARIES. One or more Subsidiaries of the
Company may become participating Employers by adopting the Plan and obtaining
approval for such adoption from the Board. By adopting the Plan, a Subsidiary
shall be deemed to agree to all of its terms, including (but not limited to)
the provisions granting exclusive authority (a) to the Board to amend the Plan,
and (b) to the Committee to administer and interpret the Plan. An Employer may
terminate its participation in the Plan at any time. The liabilities incurred
under the Plan to the Participants employed by each Employer shall be solely
the liabilities of that Employer, and no other Employer shall be liable for
benefits accrued by a Participant during any period when he or she was not
employed by such Employer.

     12.2    INALIENABILITY. In no event may either a Participant, a former
Participant or his or her Beneficiary, spouse or estate sell, transfer,
anticipate, assign, hypothecate, or otherwise dispose of any right or interest
under the Plan; and such rights and interests shall not at any time be subject
to the claims of creditors nor be liable to attachment, execution or other
legal process. Accordingly, for example, a Participant’s interest in the Plan
is not transferable pursuant to a domestic relations order.

     12.3    SEVERABILITY. In the event any provision of the Plan shall be held
illegal or invalid for any reason, the illegality or invalidity shall not
affect the remaining parts of the Plan,

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 and the Plan shall be construed and enforced as if the illegal or invalid
provision had not been included.

     12.4    REQUIREMENTS OF LAW. The granting of options and the issuance of
shares shall be subject to all applicable laws, rules, and regulations, and to
such approvals by any governmental agencies or securities exchanges as the
Committee may determine are necessary or appropriate.

     12.5    COMPLIANCE WITH RULE 16b-3. Any transactions under this Plan with
respect to officers (as defined in Rule 16a-1 promulgated under the 1934 Act)
are intended to comply with all applicable conditions of Rule 16b-3. To the
extent any provision of the Plan or action by the Committee fails to so comply,
it shall be deemed null and void, to the extent permitted by law and deemed
advisable by the Committee. Notwithstanding any contrary provision of the Plan,
if the Committee specifically determines that compliance with Rule 16b-3 no
longer is required, all references in the Plan to Rule 16b-3 shall be null and
void.

     12.6    NO ENLARGEMENT OF EMPLOYMENT RIGHTS. Neither the establishment or
maintenance of the Plan, the granting of options, the purchase of shares, nor
any action of any Employer or the Committee, shall be held or construed to
confer upon any individual any right to be continued as an employee of the
Employer nor, upon dismissal, any right or interest in any specific assets of
the Employers other than as provided in the Plan. Each Employer expressly
reserves the right to discharge any employee at any time, with or without
cause.

     12.7    APPORTIONMENT OF COSTS AND DUTIES. All acts required of the Employers
under the Plan may be performed by the Company for itself and its Subsidiaries,
and the costs of the Plan may be equitably apportioned by the Committee among
the Company and the other Employers. Whenever an Employer is permitted or
required under the terms of the Plan to do or perform any act, matter or thing,
it shall be done and performed by any officer or employee of the Employers who
is thereunto duly authorized by the Employers.

     12.8    CONSTRUCTION AND APPLICABLE LAW. The Plan is intended to qualify as
an “employee stock purchase plan” within the meaning of Section 423(b) of the
Code. Any provision of the Plan which is inconsistent with Section 423(b) of
the Code shall, without further act or amendment by the Company or the
Committee, be reformed to comply with the requirements of Section 423(b). The
provisions of the Plan shall be construed, administered and enforced in
accordance with such Section and with the laws of the State of California
(excluding California’s conflict of laws provisions).

     12.9    CAPTIONS. The captions contained in and the table of contents
prefixed to the Plan are inserted only as a matter of convenience, and in no
way define, limit, enlarge or describe the scope or intent of the Plan nor in
any way shall affect the construction of any provision of the Plan.

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EXECUTION

IN WITNESS WHEREOF, Ascential Software Corporation, by its duly authorized
officer, has executed the Plan on the date indicated below.

ASCENTIAL SOFTWARE CORPORATION

By: /s/ PETER GYENES

Name: Peter Gyenes

Title: Chairman and Chief Executive Officer

Dated: June 17, 2003

Approved by the stockholders: May 22, 1997

Amendment approved by the stockholders: June 21, 2000

Amendment approved by the stockholders: June 17, 2003

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