Document:

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                                                                    Exhibit 4.23

                       CCC INFORMATION SERVICES GROUP INC.

                                       and

                         -------------------------------

                               Debt Warrant Agent

                                -----------------

                                     FORM OF
                 [SENIOR] [SUBORDINATED] DEBT WARRANT AGREEMENT*

                        Dated as of ______________, 200_

                                ----------------

--------------------------------------------------------------------------------

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*    OPTIONS REPRESENTED BY BRACKETED OR BLANK SECTIONS HEREIN SHALL BE
     DETERMINED IN CONFORMITY WITH APPLICABLE PROSPECTUS SUPPLEMENT OR
     SUPPLEMENTS

                                TABLE OF CONTENTS

                                    ARTICLE I

                   ISSUANCE OF DEBT WARRANTS AND EXECUTION AND
                      DELIVERY OF DEBT WARRANT CERTIFICATES

Section 1.1   Issuance of Debt Warrants......................................1

Section 1.2   Form and Execution of Debt Warrant Certificates................2

Section 1.3   Issuance and Delivery of Debt Warrant Certificates.............3

Section 1.4   Temporary Debt Warrant Certificates............................3

Section 1.5   Payment of Certain Taxes.......................................3

Section 1.6   "Holder".......................................................4

                                   ARTICLE II

                     DURATION AND EXERCISE OF DEBT WARRANTS

Section 2.1   Duration of Debt Warrants......................................4

Section 2.2   Exercise of Debt Warrants......................................4

                                   ARTICLE III

         OTHER PROVISIONS RELATING TO RIGHTS OF HOLDERS OF DEBT WARRANTS

Section 3.1   No Rights as Holder of Underlying Debt Securities Conferred by
              Debt Warrants or Debt Warrant Certificates.....................6

Section 3.2   Lost, Stolen, Destroyed or Mutilated Debt Warrant Certificates.6

Section 3.3   Holder of Debt Warrants May Enforce Rights.....................6

                                   ARTICLE IV

                     EXCHANGE AND TRANSFER OF DEBT WARRANTS

[Section 4.1  Debt Warrant Register; Exchange and Transfer of Debt Warrants..7

Section 4.2   Treatment of Holders of Debt Warrants..........................8

Section 4.3   Cancellation of Debt Warrant Certificates......................8

                                    ARTICLE V

                        CONCERNING THE DEBT WARRANT AGENT

Section 5.1   Debt Warrant Agent.............................................8

Section 5.2   Conditions of Debt Warrant Agent's Obligations.................8

Section 5.3   Resignation and Removal; Appointment of Successor.............10

Section 5.4   Compliance With Applicable Laws...............................12

Section 5.5   Office........................................................12

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                                   ARTICLE VI

                                  MISCELLANEOUS

Section 6.1   Consolidation or Merger of the Company and Conveyance or
              Transfer Permitted Subject to Certain Conditions..............12

Section 6.2   Rights and Duties of Successor Corporation....................13

Section 6.3   Supplements and Amendments....................................13

Section 6.4   Notices and Demands to the Company and Debt Warrant Agent.....13

Section 6.5   Addresses.....................................................14

Section 6.6   Applicable Law................................................14

Section 6.7   Delivery of Prospectus........................................14

Section 6.8   Governmental Approvals........................................14

Section 6.9   Persons Having Rights under Debt Warrant Agreement............14

Section 6.10   Headings.....................................................15

Section 6.11   Counterparts.................................................15

Section 6.12   Inspection of Agreement......................................15

<PAGE>

     THIS [SENIOR] [SUBORDINATED] DEBT WARRANT AGREEMENT, dated as of
__________, between CCC Information Services Group Inc., a Delaware corporation
(the "Company"), and ____________________, a __________ organized and existing
under the laws of __________, as warrant agent (the "Debt Warrant Agent").

     WHEREAS, the Company has entered into an Indenture dated as of ___________,
200_, as amended and supplemented from time to time (the "Indenture"), with
_________, as trustee (the "Trustee"), providing for the issuance by the Company
from time to time, in one or more series, of debt securities evidencing its
unsecured, ________________ indebtedness (such debt securities, being referred
to as the "Securities"); and

     WHEREAS, the Company proposes to issue warrants (the "Debt Warrants")
representing the right to purchase Debt Securities of one or more series (the
"Underlying Debt Securities"); and

     WHEREAS, the Company has duly authorized the execution and delivery of this
Debt Warrant Agreement to provide for the issuance of Debt Warrants to be
exercisable at such times and for such prices, and to have such other
provisions, as shall be fixed as hereinafter provided;

     NOW, THEREFORE, in consideration of the premises and the mutual agreements
herein contained, the parties hereto agree as follows:

                                    ARTICLE I

                   ISSUANCE OF DEBT WARRANTS AND EXECUTION AND
                      DELIVERY OF DEBT WARRANT CERTIFICATES

     Section 1.1 Issuance of Debt Warrants. Debt Warrants may be issued from
time to time, together with or separately from any Securities (the "Offered Debt
Securities"). Prior to the issuance of any Debt Warrants, there shall be
established by or pursuant to a resolution or resolutions duly adopted by the
Company's Board of Directors or by any committee thereof duly authorized to act
with respect thereto (a "Board Resolution"):

     (a)  the title and aggregate number of such Debt Warrants;

     (b)  the offering price of such Debt Warrants, if any;

     (c)  whether such Debt Warrants are to be issued with any Offered Debt
          Securities and, if so, the title, aggregate principal amount and terms
          of any such Offered Debt Securities; the number of Debt Warrants to be
          issued with each $1,000 principal amount of such Offered Debt
          Securities (or such other principal amount of such Offered Debt
          Securities as is provided for in or pursuant to a Board Resolution);
          and the date, if any, on and after which such Debt Warrants and such
          Offered Debt Securities will be separately transferable (the
          "Detachable Date");

     (d)  the title, aggregate principal amount, ranking and terms (including
          the subordination and conversion provisions) of the Underlying Debt
          Securities that may be purchased upon exercise of such Debt Warrants;

     (e)  the time or times at which, or period or periods during which, such
          Debt Warrants may be exercised, the minimum or maximum amount of Debt
          Warrants which may be exercised at any one time and the final date on
          which such Debt Warrants may be exercised (the "Expiration Date");

     (f)  the principal amount of Underlying Debt Securities that may be
          purchased upon exercise of each Debt Warrant and the price, or the
          manner of determining the price (the "Debt Warrant Price"), at which
          such principal amount may be purchased upon such exercise;

     (g)  the terms of any right to redeem or call such Debt Warrants; and

     (h)  any other terms of such Debt Warrants not inconsistent with the
          provisions of this Agreement.

     Section 1.2 Form and Execution of Debt Warrant Certificates. (a) The Debt
Warrants shall be evidenced by warrant certificates (the "Debt Warrant
Certificates"), which may be in registered or bearer form and otherwise shall be
substantially in such form or forms as shall be established by or pursuant to a

<PAGE>

Board Resolution. Each Debt Warrant Certificate, whenever issued, shall be dated
the date it is countersigned by the Debt Warrant Agent and may have such
letters, numbers or other identifying marks and such legends or endorsements
printed, lithographed or engraved thereon as are not inconsistent with the
provisions of this Agreement, or as may be required to comply with any
applicable law, rule or regulation or with any rule or regulation of any
securities exchange on which the Debt Warrants may be listed, or to conform to
usage, as the officer of the Company executing the same may approve (such
officer's execution thereof to be conclusive evidence of such approval). Each
Debt Warrant Certificate shall evidence one or more Debt Warrants.

     (b)  The Debt Warrant Certificates shall be signed in the name and on
          behalf of the Company by its Chairman of the Board of Directors, Vice
          Chairman of the Board, or its President or one of its Vice Presidents.
          Such signatures may be manual or facsimile signatures of the present
          or any future holder of any such office and may be imprinted or
          otherwise reproduced on the Debt Warrant Certificates. The seal of the
          Company may be in the form of a facsimile thereof and may be
          impressed, affixed, imprinted or otherwise reproduced on the Debt
          Warrant Certificates.

     (c)  No Debt Warrant Certificate shall be valid for any purpose, and no
          Debt Warrant evidenced thereby shall be deemed issued or exercisable,
          until such Debt Warrant Certificate has been countersigned by the
          manual or facsimile signature of the Debt Warrant Agent. Such
          signature by the Debt Warrant Agent upon any Debt Warrant Certificate
          executed by the Company shall be conclusive evidence that the Debt
          Warrant Certificate so countersigned has been duly issued hereunder.

     (d)  In case any officer of the Company who shall have signed any Debt
          Warrant Certificate either manually or by facsimile signature shall
          cease to be such officer before the Debt Warrant Certificate so signed
          shall have been countersigned and delivered by the Debt Warrant Agent,
          such Debt Warrant Certificate nevertheless may be countersigned and
          delivered as though the person who signed such Debt Warrant
          Certificate had not ceased to be such officer of the Company; and any
          Debt Warrant Certificate may be signed on behalf of the Company by
          such person as, at the actual date of the execution of such Debt
          Warrant Certificate, shall be the proper officer of the Company,
          although at the date of the execution of this Agreement such person
          was not such an officer.

     Section 1.3 Issuance and Delivery of Debt Warrant Certificates. At any time
and from time to time after the execution and delivery of this Agreement, the
Company may deliver Debt Warrant Certificates executed by the Company to the
Debt Warrant Agent for countersignature. Except as provided in the following
sentence, the Debt Warrant Agent shall thereupon and deliver such Debt Warrant
Certificates to or upon the written request of the Company. Subsequent to the
original issuance of a Debt Warrant Certificate evidencing Debt Warrants, the
Debt Warrant Agent shall countersign a new Debt Warrant Certificate evidencing
such Debt Warrants only if such Debt Warrant Certificate is issued in exchange
or substitution for one or more previously countersigned Debt Warrant
Certificates evidencing such Debt Warrants or in connection with their transfer,
as hereinafter provided.

     Section 1.4 Temporary Debt Warrant Certificates. Pending the preparation of
definitive Debt Warrant Certificates, the Company may execute, and upon the
order of the Company the Debt Warrant Agent shall countersign and deliver,
temporary Debt Warrant Certificates that are printed, lithographed, typewritten,
mimeographed or otherwise produced, substantially of the tenor of the definitive
Debt Warrant Certificates in lieu of which they are issued and with such
appropriate insertions, omissions, substitutions and other variations as the
officer executing such Debt Warrant Certificates may determine, as evidenced by
such officer's execution of such Debt Warrant Certificates.

          If temporary Debt Warrant Certificates are issued, the Company
will cause definitive Debt Warrant Certificates to be prepared without
unreasonable delay. After the preparation of definitive Debt Warrant
Certificates, the temporary Debt Warrant Certificates shall be exchangeable for
definitive Debt Warrant Certificates upon surrender of the temporary Debt

<PAGE>

Warrant Certificates at the corporate trust office of the Debt Warrant Agent or
__________, without charge to the Holder, as defined in Section 1.6 hereof. Upon
surrender for cancellation of any one or more temporary Debt Warrant
Certificates, the Company shall execute and the Debt Warrant Agent shall
countersign and deliver in exchange therefor definitive Debt Warrant
Certificates representing the same aggregate number of Debt Warrants. Until so
exchanged, the temporary Debt Warrant Certificates shall in all respects be
entitled to the same benefits under this Agreement as definitive Debt Warrant
Certificates.

     Section 1.5 Payment of Certain Taxes. The Company will pay all stamp and
other duties, if any, to which this Agreement or the original issuance of the
Debt Warrants or Debt Warrant Certificates may be subject under the laws of the
United States of America or any state or locality.

     Section 1.6 "Holder". The term "Holder" or "Holders", as used herein with
reference to a Debt Warrant Certificate, shall mean [if registered Debt Warrants
the person or persons in whose name such Debt Warrant Certificate shall then be
registered as set forth in the Debt Warrant Register to be maintained by the
Debt Warrant Agent pursuant to Section 4.1 for that purpose] [if bearer Debt
Warrants - the bearer of such Debt Warrant Certificate] or, in the case of Debt
Warrants that are issued with Offered Debt Securities and cannot then be
transferred separately therefrom, [if registered Offered Debt Securities and
Debt Warrants that are not then detachable - the person or persons in whose name
the related Offered Debt Securities shall be registered as set forth in the
security register to be maintained by the Trustee for such Offered Debt
Securities pursuant to the Indenture] [if bearer Offered Debt Securities and
Debt Warrants that are not then detachable - the bearer of the related Offered
Debt Security], prior to the Detachable Date. [If registered Offered Debt
Securities and Debt Warrants that are not then detachable - The Company will, or
will cause the security registrar of any such Offered Debt Securities to, make
available to the Debt Warrant Agent at all times (including on and after the
Detachable Date, in the case of Debt Warrants originally issued with Offered
Debt Securities and not subsequently transferred separately therefrom) such
information as to holders of Offered Debt Securities with Debt Warrants as may
be necessary to keep the Warrant Register up to date.]

                                   ARTICLE II

                     DURATION AND EXERCISE OF DEBT WARRANTS

     Section 2.1 Duration of Debt Warrants. Each Debt Warrant may be exercised
at the time or times, or during the period or periods, provided by or pursuant
to the Board Resolution relating thereto and specified in the Debt Warrant
Certificate evidencing such Debt Warrant. Each Debt Warrant not exercised at or
before 5:00 P.M., New York City time, on its Expiration Date shall become void,
and all rights of the Holder of such Debt Warrant thereunder and under this
Agreement shall cease, provided that the Company reserves the right to, and may,
in its sole discretion, at any time and from time to time, at such time or times
as the Company so determines, extend the Expiration Date of the Warrants for
such periods of time as it chooses. Whenever the Expiration Date of the Debt
Warrants is so extended, the Company shall at least [20] days prior to the then
Expiration Date cause to be mailed to the Debt Warrant Agent and the registered
Holders of the Debt Warrants in accordance with the provisions of Section 6.4
hereof a notice stating that the Expiration Date has been extended and setting
forth the new Expiration Date.

     Section 2.2 Exercise of Debt Warrants. (a) The Holder of a Debt Warrant
shall have the right, at its option, to exercise such Debt Warrant and, subject
to subsection (f) of this Section 2.2, purchase the principal amount of
Underlying Debt Securities provided for therein at the time or times or during
the period or periods referred to in Section 2.1 and specified in the Debt
Warrant Certificate evidencing such Debt Warrant. Except as may be provided in a
Debt Warrant Certificate, a Debt Warrant may be exercised by completing the form
of election to purchase set forth on the reverse side of the Debt Warrant
Certificate, by duly executing and delivering the same, together with payment in
full of the Debt Warrant Price in lawful money of the United States of America,
in cash or by certified or official bank check or by bank wire transfer, to the
Debt Warrant Agent. Except as may be provided in a Debt Warrant Certificate, the
date on which such Debt Warrant Certificate and payment are received by the Debt

<PAGE>

Warrant Agent as aforesaid shall be deemed to be the date on which the Debt
Warrant is exercised and the Underlying Debt Securities are issued.

     (b)  Upon the exercise of a Debt Warrant, the Company shall issue, pursuant
          to the Indenture, in authorized denominations to or upon the order of
          the Holder of such Debt Warrant, the Underlying Debt Securities to
          which such Holder is entitled, in the form required under such
          Indenture, registered, in the case of Underlying Debt Securities in
          registered form, in such name or names as may be directed by such
          Holder.

     (c)  If fewer than all of the Debt Warrants evidenced by a Debt Warrant
          Certificate are exercised, the Company shall execute, and an
          authorized officer of the Debt Warrant Agent shall countersign and
          deliver, a new Debt Warrant Certificate evidencing the number of Debt
          Warrants remaining unexercised.

     (d)  The Debt Warrant Agent shall deposit all funds received by it in
          payment of the Debt Warrant Price in the account of the Company
          maintained with it for such purpose and shall advise the Company by
          telephone by 5:00 P.M., New York City time, of each day on which a
          payment of the Debt Warrant Price for Debt Warrants is received of the
          amount so deposited in its account. The Debt Warrant Agent shall
          promptly confirm such telephone advice in writing to the Company.

     (e)  The Debt Warrant Agent shall, from time to time, as promptly as
          practicable, advise the Company and the Trustee of (i) the number of
          Debt Warrants of each title exercised as provided herein, (ii) the
          instructions of each Holder with respect to delivery of the Underlying
          Debt Securities to which such Holder is entitled upon such exercise,
          (iii) the delivery of Debt Warrant Certificates evidencing the
          balance, if any, of the Debt Warrants remaining unexercised after such
          exercise, and (iv) such other information as the Company or the
          Trustee shall reasonably require. Such notice may be given by
          telephone to be promptly confirmed in writing.

     (f)  The Holder, and not the Company, shall be required to pay any stamp or
          other tax or other governmental charge that may be imposed in
          connection with any transfer involved in the issuance of the
          Underlying Debt Securities; and in the event that any such transfer is
          involved, the Company shall not be required to issue any Underlying
          Debt Securities (and the Holder's purchase of the Underlying Debt
          Securities upon the exercise of such Holder's Debt Warrant shall not
          be deemed to have been consummated) until such tax or other charge
          shall have been paid or it has been established to the Company's
          satisfaction that no such tax or other charge is due.

                                   ARTICLE III

                 OTHER PROVISIONS RELATING TO RIGHTS OF HOLDERS
                                OF DEBT WARRANTS

     Section 3.1 No Rights as Holder of Underlying Debt Securities Conferred by
Debt Warrants or Debt Warrant Certificates. No Debt Warrant or Debt Warrant
Certificate shall entitle the Holder to any of the rights of a holder of
Underlying Debt Securities, including, without limitation, the right to receive
the payment of principal of (or premium, if any, on) or interest, if any, on
Underlying Debt Securities or to enforce any of the covenants in the Indenture.

     Section 3.2 Lost, Stolen, Destroyed or Mutilated Debt Warrant Certificates.
Upon receipt by the Company and the Debt Warrant Agent of evidence reasonably
satisfactory to them of the ownership of and the loss, theft, destruction or
mutilation of any Debt Warrant Certificate and of indemnity (other than in
connection with any mutilated Debt Warrant Certificates surrendered to the Debt
Warrant Agent for cancellation) reasonably satisfactory to them, the Company
shall execute, and the Debt Warrant Agent shall countersign and deliver, in
exchange for or in lieu of each lost, stolen, destroyed or mutilated Debt
Warrant Certificate, a new Debt Warrant Certificate evidencing a like number of
Debt Warrants of the same title. Upon the issuance of a new Debt Warrant
Certificate under this Section, the Company may require the payment of a sum

<PAGE>

sufficient to cover any stamp or other tax or other governmental charge that may
be imposed in connection therewith and any other expenses (including the fees
and expenses of the Debt Warrant Agent) in connection therewith. Every
substitute Debt Warrant Certificate executed and delivered pursuant to this
Section in lieu of any lost, stolen or destroyed Debt Warrant Certificate shall
represent a contractual obligation of the Company, whether or not such lost,
stolen or destroyed Debt Warrant Certificate shall be at any time enforceable by
anyone, and shall be entitled to the benefits of this Agreement equally and
proportionately with any and all other Debt Warrant Certificates, duly executed
and delivered hereunder, evidencing Debt Warrants of the same title. The
provisions of this Section are exclusive and shall preclude (to the extent
lawful) all other rights and remedies with respect to the replacement of lost,
stolen, destroyed or mutilated Debt Warrant Certificates.

     Section 3.3 Holder of Debt Warrants May Enforce Rights. Notwithstanding any
of the provisions of this Agreement, a Holder, without the consent of the Debt
Warrant Agent, the Trustee, the holder of any Underlying Debt Securities or the
Holder of any other Debt Warrant, may, on its own behalf and for its own
benefit, enforce, and may institute and maintain any suit, action or proceeding
against the Company to enforce, or otherwise in respect of, its right to
exercise its Debt Warrant or Debt Warrants in the manner provided in this
Agreement and its Debt Warrant Certificate.

                                   ARTICLE IV

                     EXCHANGE AND TRANSFER OF DEBT WARRANTS

     [Section 4.1 Debt Warrant Register; Exchange and Transfer of Debt Warrants.
If registered Debt Warrants - The Debt Warrant Agent shall maintain, at its
corporate trust office [or at __________], a register (the " Debt Warrant
Register") in which, upon the issuance of Debt Warrants, or on and after the
Detachable Date in the case of Debt Warrants not separately transferable prior
thereto, and, subject to such reasonable regulations as the Debt Warrant Agent
may prescribe, it shall register Debt Warrant Certificates and exchanges and
transfers thereof. The Debt Warrant Register shall be in written form or in any
other form capable of being converted into written form within a reasonable
time.]

     Except as provided in the following sentence, upon surrender at the
corporate trust office of the Debt Warrant Agent [or at __________] Debt Warrant
Certificates may be exchanged for one or more other Debt Warrant Certificates
evidencing the same aggregate number of Debt Warrants of the same title, or may
be transferred in whole or in part. A Debt Warrant Certificate evidencing Debt
Warrants that are not then transferable separately from the Offered Debt
Security with which they were issued may be exchanged or transferred prior to
its Detachable Date only together with such Offered Debt Security and only for
the purpose of effecting, or in conjunction with, an exchange or transfer of
such Offered Debt Security; and on or prior to the Detachable Date, [if
registered Offered Debt Securities and Debt Warrants - each exchange or transfer
of such Offered Debt Security on the security register of the Offered Debt
Securities shall operate also to exchange or transfer the related Debt Warrant]
[if bearer Offered Debt Securities and Debt Warrants - an exchange or transfer
of possession of the related Offered Debt Security shall operate also to
exchange or transfer the related Debt Warrants]. [If registered Debt Warrants -
A transfer shall be registered upon surrender of a Debt Warrant Certificate to
the Debt Warrant Agent at its corporate trust office [or at __________] for
transfer, properly endorsed or accompanied by appropriate instruments of
transfer and written instructions for transfer, all in form satisfactory to the
Company and the Debt Warrant Agent duly signed by the registered holder or
holders thereof or by the duly appointed legal representative thereof or by a
duly authorized attorney, such signature to be guaranteed by (a) a bank or trust
company, (b) a broker or dealer that is a member of the National Association of
Securities Dealers, Inc. (the "NASD") or (c) a member of a national securities
exchange. Upon any such registration of transfer, a new Debt Warrant Certificate
shall be issued to the transferee.] Whenever a Debt Warrant Certificate is
surrendered for exchange or transfer, the Debt Warrant Agent shall countersign
and deliver to the person or persons entitled thereto one or more Debt Warrant
Certificates duly executed by the Company, as so requested. The Debt Warrant
Agent shall not be required to effect any exchange or transfer which will result
in the issuance of a Debt Warrant Certificate evidencing a fraction of a Debt

<PAGE>

Warrant. All Debt Warrant Certificates issued upon any exchange or transfer of a
Debt Warrant Certificate shall be the valid obligations of the Company,
evidencing the same obligations, and entitled to the same benefits under this
Agreement, as the Debt Warrant Certificate surrendered for such exchange or
transfer.

          No service charge shall be made for any exchange or transfer
of Debt Warrants, but the Company may require payment of a sum sufficient to
cover any tax or other governmental charge that may be imposed in connection
with any such exchange or transfer, in accordance with Section 2.2(f) hereof.

     Section 4.2 Treatment of Holders of Debt Warrants. Every Holder of a Debt
Warrant, by accepting the Debt Warrant Certificate evidencing the same, consents
and agrees with the Company, the Debt Warrant Agent and with every other Holder
of Debt Warrants of the same title that the Company and the Debt Warrant Agent
may treat the Holder of a Debt Warrant Certificate (or, if the Debt Warrant
Certificate is not then detachable, the Holder of the related Offered Debt
Security) as the absolute owner of such Debt Warrant for all purposes and as the
person entitled to exercise the rights represented by such Debt Warrant, any
notice to the contrary notwithstanding.

     Section 4.3 Cancellation of Debt Warrant Certificates. In the event that
the Company shall purchase, redeem or otherwise acquire any Debt Warrants after
the issuance thereof, the Debt Warrant Certificate or Certificates evidencing
such Debt Warrants shall thereupon be delivered to the Debt Warrant Agent and be
cancelled by it. The Debt Warrant Agent shall also cancel any Debt Warrant
Certificate (including any mutilated Debt Warrant Certificate) delivered to it
for exercise, in whole or in part, or for exchange [or transfer] [if Debt
Warrant Certificates are issued in bearer form - , except that Debt Warrant
Certificates delivered to the Debt Warrant Agent in exchange for Debt Warrant
Certificates of other denominations may be retained by the Debt Warrant Agent
for reissue]. Debt Warrant Certificates so cancelled shall be delivered by the
Debt Warrant Agent to the Company from time to time, or disposed of in
accordance with the instructions of the Company.

                                    ARTICLE V

                        CONCERNING THE DEBT WARRANT AGENT

     Section 5.1 Debt Warrant Agent. The Company hereby appoints
___________________ as Debt Warrant Agent of the Company in respect of the Debt
Warrants and the Debt Warrant Certificates upon the terms and subject to the
conditions set forth herein; and _______________ hereby accepts such
appointment. The Debt Warrant Agent shall have the powers and authority granted
to and conferred upon it in the Debt Warrant Certificates and hereby and such
further powers and authority acceptable to it to act on behalf of the Company as
the Company may hereafter grant to or confer upon it. All of the terms and
provisions with respect to such powers and authority contained in any Debt
Warrant Certificate are subject to and governed by the terms and provisions
hereof.

     Section 5.2 Conditions of Debt Warrant Agent's Obligations. The Debt
Warrant Agent accepts its obligations set forth herein upon the terms and
conditions hereof, including the following, to all of which the Company agrees
and to all of which the rights hereunder of the Holders shall be subject:

     (a)  Compensation and Indemnification. The Company agrees to promptly pay
          the Debt Warrant Agent the compensation [set forth in Exhibit A
          hereto] and to reimburse the Debt Warrant Agent for reasonable
          out-of-pocket expenses (including counsel fees) incurred by the Debt
          Warrant Agent in connection with the services rendered hereunder by
          the Debt Warrant Agent. The Company also agrees to indemnify the Debt
          Warrant Agent for, and to hold it harmless against, any loss,
          liability or expense (including the reasonable costs and expenses of
          defending against any claim of liability) incurred without negligence
          or bad faith on the part of the Debt Warrant Agent arising out of or
          in connection with its appointment, status or service as Debt Warrant
          Agent hereunder.

     (b)  Agent for the Company. In acting under this Agreement and in

<PAGE>

          connection with any Debt Warrant Certificate, the Debt Warrant Agent
          is acting solely as agent of the Company and does not assume any
          obligation or relationship of agency or trust for or with any Holder.

     (c)  Counsel. The Debt Warrant Agent may consult with counsel satisfactory
          to it, and the advice of such counsel shall be full and complete
          authorization and protection in respect of any action taken, suffered
          or omitted by it hereunder in good faith and in accordance with the
          advice of such counsel.

     (d)  Documents. The Debt Warrant Agent shall be protected and shall incur
          no liability for or in respect of any action taken, suffered or
          omitted by it in reliance upon any notice, direction, consent,
          certificate, affidavit, statement or other paper or document
          reasonably believed by it to be genuine and to have been presented or
          signed by the proper parties.

     (e)  Officer's Certificate. Whenever in the performance of its duties
          hereunder the Debt Warrant Agent shall reasonably deem it necessary
          that any fact or matter be proved or established by the Company prior
          to taking, suffering or omitting any action hereunder, the Debt
          Warrant Agent may (unless other evidence in respect thereof be herein
          specifically prescribed), in the absence of bad faith on its part,
          rely upon a certificate signed by the Chairman of the Board of
          Directors, the Vice Chairman of the Board of Directors, the President,
          an Executive Vice President, and by the Treasurer, an Assistant
          Treasurer, the Secretary or an Assistant Secretary of the Company (an
          "Officer's Certificate") delivered by the Company to the Debt Warrant
          Agent.

     (f)  Actions Through Agents. The Debt Warrant Agent may execute and
          exercise any of the rights or powers hereby vested in it or perform
          any duty hereunder either itself or by or through its attorneys or
          agents, and the Debt Warrant Agent shall not be answerable or
          accountable for any act, default, neglect or misconduct of any such
          attorney or agent or for any loss to the Company resulting from such
          neglect or misconduct; provided, however, that reasonable care shall
          have been exercised in the selection and continued employment of such
          attorneys and agents.

     (g)  Certain Transactions. The Debt Warrant Agent, and any officer,
          director or employee thereof, may become the owner of, or acquire any
          interest in, any Debt Warrant, with the same rights that he, she or it
          would have if it were not the Debt Warrant Agent, and, to the extent
          permitted by applicable law, he, she or it may engage or be interested
          in any financial or other transaction with the Company and may serve
          on, or as depository, trustee or agent for, any committee or body of
          holders of Underlying Debt Securities or other obligations of the
          Company as if it were not the Debt Warrant Agent. Nothing in this
          Agreement shall be deemed to prevent the Debt Warrant Agent from
          acting as Trustee under the Indenture.

     (h)  No Liability for Interest. The Debt Warrant Agent shall not be liable
          for interest on any monies at any time received by it pursuant to any
          of the provisions of this Agreement or of the Debt Warrant
          Certificates, except as otherwise agreed with the Company.

     (i)  No Liability for Invalidity. The Debt Warrant Agent shall incur no
          liability with respect to the validity of this Agreement (except as to
          the due execution hereof by the Debt Warrant Agent) or any Debt
          Warrant Certificate (except as to the countersignature thereof by the
          Debt Warrant Agent).

     (j)  No Responsibility for Company Representations. The Debt Warrant Agent
          shall not be responsible for any of the recitals or representations
          contained herein (except as to such statements or recitals as describe
          the Debt Warrant Agent or action taken or to be taken by it) or in any
          Debt Warrant Certificate (except as to the Debt Warrant Agent's
          countersignature on such Debt Warrant Certificate), all of which
          recitals and representations are made solely by the Company.

<PAGE>

     (k)  No Implied Obligations. The Debt Warrant Agent shall be obligated to
          perform only such duties as are specifically set forth herein, and no
          other duties or obligations shall be implied. The Debt Warrant Agent
          shall not be under any obligation to take any action hereunder that
          may subject it to any expense or liability, the payment of which
          within a reasonable time is not, in its reasonable opinion, assured to
          it. The Debt Warrant Agent shall not be accountable or under any duty
          or responsibility for the use by the Company of any Debt Warrant
          Certificate countersigned by the Debt Warrant Agent and delivered by
          it to the Company pursuant to this Agreement or for the application by
          the Company of the proceeds of the issuance or exercise of Debt
          Warrants. The Debt Warrant Agent shall have no duty or responsibility
          in case of any default by the Company in the performance of its
          covenants or agreements contained herein or in any Debt Warrant
          Certificate or in case of the receipt of any written demand from a
          Holder with respect to such default, including, without limiting the
          generality of the foregoing, any duty or responsibility to initiate or
          attempt to initiate any proceedings at law or otherwise or, except as
          provided in Section 6.4 hereof, to make any demand upon the Company.

     Section 5.3 Resignation and Removal; Appointment of Successor. (a) The
Company agrees, for the benefit of the Holders of the Debt Warrants, that there
shall at all times be a Debt Warrant Agent hereunder until all the Debt Warrants
are no longer exercisable.

     (b)  The Debt Warrant Agent may at any time resign as such by giving
          written notice to the Company, specifying the date on which such
          resignation shall become effective; provided that such date shall not
          be less than [90] days after the date on which such notice is given,
          unless the Company agrees to accept a shorter notice. Such resignation
          is subject to the appointment and acceptance of a successor Debt
          Warrant Agent, as hereinafter provided. The Debt Warrant Agent
          hereunder may be removed at any time by the filing with it of an
          instrument in writing signed by or on behalf of the Company and
          specifying such removal and the date when it shall become effective.
          Notwithstanding the provisions of this Section 5.3(b), such
          resignation or removal shall take effect only upon the appointment by
          the Company, as hereinafter provided, of a successor Debt Warrant
          Agent (which shall be a bank or trust company organized and doing
          business under the laws of the United States of America, any State
          thereof or the District of Columbia, authorized under the laws of such
          jurisdiction to exercise corporate trust powers and having at the time
          of its appointment as Debt Warrant Agent a combined capital and
          surplus (as set forth in its most recent published report of financial
          condition) of at least [$50,000,000]) and the acceptance of such
          appointment by such successor Debt Warrant Agent. In the event a
          successor Debt Warrant Agent has not been appointed and has not
          accepted its duties within [90] days of the Debt Warrant Agent's
          notice of resignation, the Debt Warrant Agent may apply to any court
          of competent jurisdiction for the designation of a successor Debt
          Warrant Agent. The obligations of the Company under Section 5.2(a)
          shall continue to the extent set forth therein notwithstanding the
          resignation or removal of the Debt Warrant Agent.

     (c)  In case at any time the Debt Warrant Agent shall resign, or shall be
          removed, or shall become incapable of acting, or shall be adjudged a
          bankrupt or insolvent, or shall file a petition seeking relief under
          Title 11 of the United States Code, as now constituted or hereafter
          amended, or under any other applicable federal or state bankruptcy law
          or similar law, or make an assignment for the benefit of its
          creditors, or consent to the appointment of a receiver or custodian
          for all or any substantial part of its property, or shall admit in
          writing its inability to pay or meet its debts as they mature, or if a
          receiver or custodian for it or for all or any substantial part of its
          property shall be appointed, or if an order of any court shall be
          entered for relief against it under the provisions of Title 11 of the
          United States Code, as now constituted or hereafter amended, or under
          any other applicable federal or state bankruptcy or similar law, or if
          any public officer shall have taken charge or control of the Debt

<PAGE>

          Warrant Agent or of its property or affairs for the purpose of
          rehabilitation, conservation or liquidation, a successor Debt Warrant
          Agent, qualified as aforesaid, shall be appointed by the Company by an
          instrument in writing, filed with the successor Debt Warrant Agent.
          Upon the appointment as aforesaid of a successor Debt Warrant Agent
          and acceptance by the successor Debt Warrant Agent of such
          appointment, the Debt Warrant Agent so superseded shall cease to be
          Debt Warrant Agent hereunder.

     (d)  Any successor Debt Warrant Agent appointed hereunder shall execute,
          acknowledge and deliver to its predecessor and to the Company an
          instrument accepting such appointment hereunder, and thereupon such
          successor Debt Warrant Agent, without any further act, deed or
          conveyance, shall become vested with all the authority, rights,
          powers, trusts, immunities, duties and obligations of such predecessor
          with like effect as if originally named as Debt Warrant Agent
          hereunder, and such predecessor, upon payment of its charges and
          disbursements then unpaid, shall thereupon become obligated to
          transfer, deliver and pay over, and such successor Debt Warrant Agent
          shall be entitled to receive, [the Debt Warrant Register and] all
          monies, securities and other property on deposit with or held by such
          predecessor (together with any books and records relating thereto), as
          Debt Warrant Agent hereunder.

     (e)  The Company shall cause notice of the appointment of any successor
          Debt Warrant Agent to be [if registered Debt Warrants - mailed by
          first-class mail, postage prepaid, to each Holder at its address
          appearing on the Debt Warrant Register or, in the case of Debt
          Warrants that are issued with Offered Debt Securities and cannot then
          be transferred separately therefrom, on the security register for the
          Offered Debt Securities] [if bearer Debt Warrants - published in an
          Authorized Newspaper (as defined in Section 101 of the Indenture) in
          The City of New York and in such other city or cities as may be
          specified by the Company at least twice, [the first such publication
          to be not earlier than the earliest date and not later than the latest
          date prescribed for the giving such notice]. Such notice shall set
          forth the name and address of the successor Debt Warrant Agent.
          Failure to give any notice provided for in this Section 5.3(e), or any
          defect therein, shall not, however, affect the legality or validity of
          the appointment of the successor Debt Warrant Agent.

     (f)  Any corporation into which the Debt Warrant Agent hereunder may be
          merged or converted, or any corporation with which the Debt Warrant
          Agent may be consolidated, or any corporation resulting from any
          merger, conversion or consolidation to which the Debt Warrant Agent
          shall be a party, or any corporation to which the Debt Warrant Agent
          shall sell or otherwise transfer all or substantially all of its
          assets and business, provided that such Corporation shall be qualified
          as aforesaid, shall be the successor Debt Warrant Agent under this
          Agreement without the execution or filing of any paper, the giving of
          any notice to Holders or any further act on the part of the parties
          hereto.

     Section 5.4 Compliance With Applicable Laws. The Debt Warrant Agent agrees
to comply with all applicable federal and state laws imposing obligations on it
in respect of the services rendered by it under this Debt Warrant Agreement and
in connection with the Debt Warrants, including (but not limited to) the
provisions of United States federal income tax laws regarding information
reporting and backup withholding. The Debt Warrant Agent expressly assumes all
liability for its failure to comply with any such laws imposing obligations on
it, including (but not limited to) any liability for failure to comply with any
applicable provisions of United States federal income tax laws regarding
information reporting and backup withholding.

     Section 5.5 Office. The Company will maintain an office or agency where
Debt Warrant Certificates may be presented for exchange, transfer or exercise.
The office initially designated for this purpose shall be the corporate trust
office of the Debt Warrant Agent at _____________.

<PAGE>

                                   ARTICLE VI

                                  MISCELLANEOUS

     Section 6.1 Consolidation or Merger of the Company and Conveyance or
Transfer Permitted Subject to Certain Conditions. To the extent permitted in the
Indenture, the Company may consolidate with or merge into another corporation or
other entity, or convey or transfer all or substantially all of its properties
and assets to any other corporation or other entity.

     Section 6.2 Rights and Duties of Successor Corporation. In case of any such
consolidation, merger, conveyance or transfer and upon any assumption of the
duties and obligations of the Company by the successor corporation, such
successor corporation shall succeed to and be substituted for the Company, with
the same effect as if it had been named herein, and the Company shall be
relieved of any further obligation under this Agreement and the Debt Warrants.
Such successor corporation thereupon may cause to be signed, and may issue
either in its own name or in the name of the Company, any or all of the
Underlying Debt Securities issuable pursuant to the terms hereof. All the
Underlying Debt Securities so issued shall in all respects have the same legal
rank and benefit under the Indenture as the Underlying Debt Securities
theretofore or thereafter issued in accordance with the terms of this Agreement
and the Indenture.

          In case of any such consolidation, merger, conveyance or transfer,
such changes in phraseology and form (but not in substance) may be made in the
Underlying Debt Securities thereafter to be issued as may be appropriate.

     Section 6.3 Supplements and Amendments. (a) The Company and the Debt
Warrant Agent may from time to time supplement or amend this Agreement without
the approval or consent of any Holder in order to cure any ambiguity, to correct
or supplement any provision contained herein that may be defective or
inconsistent with any other provision herein, or to make any other provision in
regard to matters or questions arising hereunder that the Company and the Debt
Warrant Agent may deem necessary or desirable and that shall not adversely
affect the interests of the Holders. Every Holder of Debt Warrants, whether
issued before or after any such supplement or amendment, shall be bound thereby.
Promptly after the effectiveness of any supplement or amendment that affects the
interests of the Holders, the Company shall give notice thereof, as provided in
Section 5.3(d) hereof, to the Holders affected thereby, setting forth in general
terms the substance of such supplement or amendment.

     (b)  The Company and the Debt Warrant Agent may modify or amend this
          Agreement and the Debt Warrant Certificates with the consent of the
          Holders of not fewer than a majority in principal amount of the
          underlying Debt Securities represented by the Debt Warrants affected
          by such modification or amendment, for any purpose; provided, however,
          that no such modification or amendment that shortens the period of
          time during which the Debt Warrants may be exercised, or otherwise
          materially and adversely affects the exercise rights of the Holders or
          reduces the percentage of Holders of outstanding Debt Warrants the
          consent of which is required for modification or amendment of this
          Agreement or the Debt Warrants, may be made without the consent of
          each Holder affected thereby.

     Section 6.4 Notices and Demands to the Company and Debt Warrant Agent. If
the Debt Warrant Agent shall receive any notice or demand addressed to the
Company by a Holder pursuant to the provisions of this Agreement or a Debt
Warrant Certificate (other than notices relating to the exchange[, transfer] or
exercise of Debt Warrants), the Debt Warrant Agent shall promptly forward such
notice or demand to the Company.

     Section 6.5 Addresses. Any communications from the Company to the Debt
Warrant Agent with respect to this Agreement shall be directed to
____________________, Attention: ____________________, and any communications
from the Debt Warrant Agent to the Company with respect to this Agreement shall
be directed to CCC Information Services Group Inc., World Trade Center Chicago,
444 Merchandise Mart, Chicago, Illinois 60654, Attention:
_______________________ (or such other address as shall be specified in writing
by the Debt Warrant Agent or by the Company, as the case

<PAGE>

may be).

     Section 6.6 Applicable Law. This Agreement and the Debt Warrants shall be
governed by and construed in accordance with the laws of the State of Delaware.

     Section 6.7 Delivery of Prospectus. The Company will furnish to the Debt
Warrant Agent sufficient copies of a prospectus or prospectuses relating to the
Underlying Debt Securities deliverable upon exercise of any outstanding Debt
Warrants (each a "Prospectus"), and the Debt Warrant Agent agrees to deliver to
the Holder of a Debt Warrant, prior to or concurrently with the delivery of the
Underlying Debt Securities issued upon the exercise thereof, a copy of the
Prospectus relating to such Underlying Debt Securities.

     Section 6.8 Governmental Approvals. The Company will take such action as
may be necessary to obtain and keep effective any and all permits, consents and
approvals of governmental agencies and authorities, and will make all filings
under federal and state securities laws (including, without limitation, the
maintenance of the effectiveness of a registration statement in respect of the
Underlying Debt Securities under the Securities Act of 1933), as may be or
become requisite in connection with the issuance, sale, transfer and delivery of
Debt Warrants and Debt Warrant Certificates, the exercise of Debt Warrants and
the issuance, sale and delivery of Underlying Debt Securities issued upon
exercise of Debt Warrants.

     Section 6.9 Persons Having Rights under Debt Warrant Agreement. Nothing in
this Agreement, expressed or implied, and nothing that may be inferred from any
of the provisions hereof is intended or shall be construed to confer upon or
give to any person or corporation other than the Company, the Debt Warrant Agent
and the Holders any right, remedy or claim under or by reason of this Agreement
or any covenant, condition, stipulation, promise or agreement herein; and all
covenants, conditions, stipulations, promises and agreements herein shall be for
the sole and exclusive benefit of the Company, the Debt Warrant Agent and their
respective successors and the Holders.

     Section 6.10 Headings. The descriptive headings of the several Articles and
Sections of this Agreement are inserted for convenience only and shall not
control or affect the meaning or construction of any of the provisions hereof.

     Section 6.11 Counterparts. This Agreement may be executed in one or more
counterparts, each of which when so executed and delivered shall be deemed to be
an original; but all such counterparts taken together shall constitute one and
the same agreement.

     Section 6.12 Inspection of Agreement. A copy of this Agreement shall be
available during business hours at the office of the Debt Warrant Agent for
inspection by any Holder. The Debt Warrant Agent may require such Holder to
submit its Debt Warrant Certificate for inspection prior to making such copy
available.

          IN WITNESS WHEREOF, the parties hereto have caused this Agreement to
be duly executed all as of the day and year first above written.

                                       CCC INFORMATION SERVICES GROUP INC.
[Seal]

                                       By__________________________
Attest:                                  Name and Title:

-----------------------------------
Name and Title

[Seal]
                                       By__________________________
Attest:                                  Name and Title:

-----------------------------------
Name and Title

<PAGE>

                                    Exhibit A
                                       to
                 [Senior] [Subordinated] Debt Warrant Agreement
                             dated as of __________

                      [Compensation of Debt Warrant Agent]<PAGE>

                                                                  Exhibit 10.3

                             HPL TECHNOLOGIES, INC.

                              AMENDED AND RESTATED
                           2001 EQUITY INCENTIVE PLAN

                               DATED JULY 11, 2001

1.   PURPOSES OF THE PLAN

     The purpose of this HPL Technologies, Inc. Amended and Restated 2001 Equity
Incentive Plan (the "PLAN") is to enhance the long-term shareholder value of HPL
Technologies, Inc. by offering opportunities to qualified individuals (as
provided in the Plan) to participate in the growth in value of the common stock
of HPL Technologies, Inc.

2.   DEFINITIONS AND RULES OF INTERPRETATION

     2.1  DEFINITIONS. The following defined terms are used in the Plan:

          (a) "ADMINISTRATOR" means the Board, the Committee, or, if authority
to administer the Plan has been delegated pursuant to Section 4.1, the Chief
Executive Officer or the President of the Company.

          (b) "AFFILIATE" means a "parent" or "subsidiary" corporation as
defined in Section 424 of the Code.

          (c) "APPLICABLE LAWS" means the requirements relating to the issuance
of stock or the administration of stock option or stock award plans under U.S.
federal and state laws, any stock exchange or quotation system on which the
Shares are listed or quoted, and the applicable laws of any foreign jurisdiction
where Awards are, or will be, granted under the Plan or to which an Awardee, the
Company or an Affiliate is subject.

          (d) "APPROVED LEAVE" means an approved personal or medical leave of
absence with an employment guarantee (by statute or contract) upon return.

          (e) "AWARD" means a Stock Award, SAR, Cash Award, or Option granted in
accordance with the terms of the Plan.

          (f) "AWARD AGREEMENT" means the document evidencing the grant of an
Award to a Participant.

          (g) "AWARDEE" means the holder of an outstanding Award.

          (h) "BOARD" means the board of directors of the Company.

<PAGE>

          (i) "CASH AWARD" means the right to receive cash as described in
Section 8.3.

          (j) "CASHLESS EXERCISE" has the meaning given in Section 6.6.

          (k) "CODE" means the Internal Revenue Code of 1986, as amended, and
the Treasury Regulations promulgated thereunder.

          (l) "COMMITTEE" means the compensation committee of the Board, or,
if so determined by the Board, some other committee of Directors appointed in
accordance with Section 4.

          (m) "COMPANY" means HPL Technologies, Inc.

          (n) "CONSULTANT" means any person, entity, or employee of an entity,
engaged to render services to the Company or an Affiliate.

          (o) "COVERED EXECUTIVE EMPLOYEES" means Participants who are "covered
employees" under Section 162(m) of the Code.

          (p) "DIRECTOR" means a member of the Board of Directors of the
Company or an Affiliate.

          (q) "EMPLOYEE" means a regular employee of the Company or any
Affiliate, including an Officer or Director, who is treated as an employee in
the personnel records of the Company or an Affiliate for the relevant period,
but shall exclude individuals who are classified by the Company or an Affiliate
as (i) leased from or otherwise employed by a third party, (ii) independent
contractors, or (iii) intermittent or temporary, even if any such classification
is changed retroactively as a result of an audit, litigation or otherwise. An
Awardee shall not cease to be an Employee in the case of transfers between
locations of the Company or between the Company and an Affiliate, or any
successor to the Company that assumes the Awards granted hereunder pursuant to
Section 10.2. Neither service as a Director nor payment of a director's fee by
the Company shall be sufficient to make the Director an Employee of the Company.

          (r) "EXCHANGE ACT" means the Securities Exchange Act of 1934, as
amended.

          (s) "EXPIRATION DATE" means the latest date on which an Award may be
exercised under the Award Agreement and the Plan.

          (t) "FAIR MARKET VALUE" means the value of Shares as determined under
Section 16.2.

                                       2
<PAGE>

          (u) "GRANT DATE" means the date the Administrator approves the grant
of an Award under the Plan, except that, with respect to grants to become
effective on a future date or the satisfaction of a condition, the Grant Date
is the future date or the date the condition is satisfied.

          (v) "INCENTIVE STOCK OPTION" or "ISO" means an Option intended to
qualify as an incentive stock option under Section 422 of the Code and
designated as an Incentive Stock Option. The designation of an Option as an ISO
by the Administrator or in the Award Agreement is not a warranty or
representation that it will be treated as an incentive stock option under
Section 422 of the Code.

          (w) "NON EMPLOYEE DIRECTOR" means Non -Employee Director as defined
in Rule 16b-3.

          (x) "NON-QUALIFIED STOCK OPTION" means an Option other than an
Incentive Stock Option.

          (y) "OBJECTIVELY DETERMINABLE PERFORMANCE CONDITION" shall mean a
performance condition (i) that is established at the time an Award is granted,
(ii) that is established no later than the earlier of (x) 90 days after the
beginning of the period of service to which it relates, or (y) before the elapse
of 25% of the period of service to which it relates, (iii) that is uncertain of
achievement at the time it is established, and (iv) the achievement of which is
determinable by a third party with knowledge of the relevant facts. Examples of
measures that may be used in Objectively Determinable Performance Conditions
include net order dollars, net profit dollars, net profit growth, net revenue
dollars, revenue growth, individual performance, earnings per share, return on
assets, return on equity, and other financial objectives, objective customer
satisfaction indicators and efficiency measures, each with respect to the
Company and/or an individual business unit.

          (z) "OFFICER" means a person who is an officer of the Company within
the meaning of Section 16 of the Exchange Act and the rules and regulations
promulgated thereunder.

          (aa) "OPTION" means a right to purchase Shares of the Company, as
described in Sections 6 and 7.

          (bb) "OPTION PRICE" means the price payable under an Option for
Shares.

          (cc) "OPTIONEE" means a person to whom an Option has been granted.

          (dd) "PARTICIPANT" means an individual eligible to receive an Award
under Section 5.

                                       3
<PAGE>

          (ee) "PLAN" means this HPL Technologies, Inc. 2001 Equity Incentive
Plan.

          (ff) "REVERSE VESTING" means the right of an Optionee to exercise an
Option before it has vested, receiving in exchange Shares that are subject to
a right of repurchase by the Company at the Option Price for the remainder of
the vesting period.

          (gg) "RULE 16b-3" means Rule 16b-3 under Section 16(b) of the
Exchange Act, as amended from time to time.

          (hh) "SHARES" means shares of the common stock of the Company or other
securities substituted for the common stock under Sections 3.3 or 10.2.

          (ii) "STOCK APPRECIATION RIGHT" or "SAR" means a right to receive cash
based on a change in the Fair Market Value of the common stock of the Company,
as described in Section 8.1.

          (jj) "STOCK AWARD" means a right to receive Shares, as described in
Section 8.2

          (kk) "TERMINATION" means, with respect to an Awardee, that the
Awardee has ceased to be, for any reason, employed by, or consulting to, the
Company, or an Affiliate; provided, that for purposes of this definition, if
 so determined bythe Administrator, "Termination" shall not include a change in
 status from an Employee to a Consultant.

          (ll) "VEST" means, with respect to an Option, that the Option has
become exercisable by reason of an Awardee's continued employment or
consultancy as provided in the Award Agreement (or, in the case of "qualified
performance-based compensation" within the meaning of Section 162(m) of the
Code, by reason of the Awardee meeting one or more of the Objectively
Determinable Performance Conditions), or by reason of restrictions on
exercise having been removed automatically or by action of the Administrator.
With respect to a Stock Award, Cash Award, or SAR, "VEST" means such Award
shall have become exercisable by or payable to the Awardee, as provided in
the Award Agreement or by reason of restrictions on exercise having been
removed automatically or by action of the Administrator.

     2.2 RULES OF INTERPRETATION. References to "Sections," without more, are to
sections of this Plan. Captions and titles are for convenience only and shall
not be determinative in the interpretation of the Plan. Except when otherwise
indicated by the context the singular includes the plural and vice versa. "Or"
is not intended to be exclusive unless the context clearly requires otherwise.

                                       4
<PAGE>

3.   STOCK SUBJECT TO THE PLAN

     3.1 NUMBER OF SHARES. Subject to adjustment as provided in Section 3.3, the
maximum aggregate number of Shares that may be issued under the Plan is
12,750,000.

     3.2 SHARES MAY BE UNISSUED OR RE-ACQUIRED. The Shares may be authorized,
but unissued, or reacquired securities of the Company. If an Option or Stock
Award expires or becomes unexercisable without having been exercised in full,
the unpurchased Shares which were subject to the Award shall become available
for future Awards under the Plan. Shares actually issued under the Plan shall
not be available for future Awards even if repurchased by the Company. For
purposes of computing the number of Shares available under the Plan, exercise of
a Stock Appreciation Right shall be treated as an issuance of the number of
Shares equivalent to the shares of common stock as to which the Award has been
exercised.

     3.3 ADJUSTMENTS FOR CHANGES TO CAPITAL STRUCTURE. In the event of any stock
dividend, stock split, reverse stock split, recapitalization, combination,
reclassification, spin-off or similar change to the capital structure of the
Company, appropriate adjustments shall be made to (a) the number and class of
securities subject to the Plan, (b) the number and class of securities that may
be awarded to any individual under the Plan, and (c) the exercise price and
number and class of securities under each outstanding Award. Any such
adjustments shall be made by the Board in its absolute discretion, and the
decision of the Board shall be final, binding and conclusive. Any shares of
stock issuable as a result of any such adjustment shall be rounded to the next
lower whole share; no fractional shares of stock shall be issued. Except as
expressly provided herein, no issuance by the Company of shares of stock of any
class, or securities convertible into shares of stock of any class, shall
affect, and no adjustment by reason of such issuance or the conversion of such
securities shall be made with respect to, the number or price of Shares subject
to an Award.

     3.4 TERM OF THE PLAN

         (a) The Plan shall be effective on the date it has been approved by the
Board; provided that no Award may be exercised unless and until the Plan has
been approved (i) at a duly held stockholders' meeting by the affirmative vote
of the holders of a majority of the voting power of the shares of the Company
entitled to vote and represented at the meeting in person or by proxy, or (ii)
by an action by written consent of the holders of a majority of the voting power
of the shares of the Company entitled to vote.

         (b) The Plan has no set termination date; however, it may be
terminated as provided in Section 13, and no Incentive Stock Option may be
granted after the time described in Section 7.

                                       5
<PAGE>

4.   ADMINISTRATION

     4.1 GENERAL. The Board shall have ultimate responsibility for administering
the Plan. The Board may delegate some of its responsibilities to a Committee of
two or more Board members. The Board or the Committee may further delegate to an
Administrator. Where the Plan specifies that an action is to be taken or a
determination is to be made by the Board, it may be taken or made only by the
Board. Where the Plan references the "Committee" or "Administrator," the action
may be taken or a determination made by the Board, the Committee, or other
Administrator, except that only the Board or the Committee may approve grants to
Covered Executive Employees, and an Administrator other than the Board or the
Committee may grant Awards only to non-executive level employees and within
guidelines established by the Board or the Committee.

     4.2 PUBLIC COMPANY. So long as the Company has outstanding a class of
equity securities registered under Section 12 of the Exchange Act, the Committee
shall consist of Board members who are Non-Employee Directors, and, following
the expiration of any transition period permitted by Section 162(m) of the Code,
who are "outside directors" within the meaning of Section 162(m) of the Code.

     4.3 AUTHORITY OF ADMINISTRATOR. Subject to the other provisions of this
Plan, the Administrator shall have the authority, in its sole discretion:

         (a) to grant Awards;

         (b) to determine the Fair Market Value of the Common Stock subject to
Awards;

         (c) to determine the exercise price of Options granted;

         (d) to determine the Awardees;

         (e) to determine the time or times at which to grant an Award;

         (f) to determine the number of shares subject to each Award;

         (g) to determine the terms and provisions of each Award granted (which
need not be identical), including but not limited to, the time or times at which
Awards can be exercised, whether and under what conditions an Award is
assignable, and whether an Option is a Non-Qualified Stock Option or an ISO;

         (h) to prescribe, amend, and rescind rules and regulations relating to
this Plan, including rules and regulations relating to sub-plans and Plan
addenda;

         (i) to interpret the Plan;

                                       6
<PAGE>

         (j) to modify or amend any Award (with the consent of the Awardee);

         (k) to defer (with the consent of the Awardee) or to accelerate the
vesting of any Award or class of Awards;

         (l) to authorize any person to execute on behalf of the Company any
instrument evidencing the grant of an Award;

         (m) to determine the form of Award Agreement and other documents used
in the administration of the Plan, and whether such documents may be in
electronic form;

         (n) to adopt rules and procedures relating to the operation and
administration of the Plan to accommodate the specific requirements of local
laws and procedures. Without limiting the generality of the foregoing, the
Administrator is specifically authorized (i) to adopt the rules and procedures
regarding the conversion of local currency, withholding procedures and handling
of stock certificates which vary with local requirements, (ii) to adopt
sub-plans and Plan addenda as the Administrator deems desirable, to accommodate
foreign laws, regulations and practice, including with respect to taxes;

         (o) to authorize conversion or substitution under the Plan of any or
all outstanding stock options held by optionees of an entity acquired by the
Company (the "CONVERSION OPTIONS"). Any conversion or substitution shall be
effective as of the close of the merger or acquisition. The Conversion Options
may be Non-Qualified Stock Options or Incentive Stock Options, as determined by
the Administrator. Unless otherwise determined by the Administrator at the time
of conversion or substitution, all Conversion Options shall have the same terms
and conditions as Options generally granted by the Company under the Plan;

         (p) to allow Awardees to satisfy withholding tax obligations by
electing to have the Company withhold from the Shares to be issued upon
exercise of an Award that number of Shares having a Fair Market Value equal to
the amount required to be withheld. The Fair Market Value of the Shares to be
withheld shall be determined on the date that the amount of tax to be withheld
is to be determined. All elections by an Awardee to have Shares withheld for
this purpose shall be made in such form and under such conditions as the
Administrator may deem necessary or advisable;

         (q) to determine the effect of a divestiture of an Affiliate;

         (r) to correct any defect, supply any omission or reconcile any
inconsistency in the Plan, and any agreement under the Plan; and

         (s) to make all other determinations deemed necessary or advisable for
the administration of the Plan. All decisions, determination and
interpretations of the

                                       7
<PAGE>

Administrator shall be final and binding on all Participants, Awardees and any
other holders of Awards.

5.   ELIGIBLE PERSONS AND RESTRICTIONS

     5.1 ELIGIBLE PERSONS. Awards may be granted to Employees, Directors and
Consultants, including to prospective Employees, Directors and Consultants
conditioned on the beginning of service for the Company or an Affiliate.

     5.2 SECTION 162(M) LIMITATIONS.

         (a) SARS AND OPTIONS. So long as the Company is a "publicly held
corporation" within the meaning of Section 162(m) of the Code, no Employee or
prospective Employee may be granted one or more Awards of SARs and Options
within any fiscal year of the Company with respect to more than 250,000 shares
(as adjusted pursuant to Section 3.3), and all such Awards must have an exercise
price or reference value of not less than Fair Market Value as of the Grant
Date. An Award that is cancelled by the Company, whether or not in the same
fiscal year in which it was granted, shall continue to be counted against such
limit for such year.

         (b) CASH AWARDS AND STOCK AWARDS. Any Stock Award or Cash Award
intended as "qualified performance-based compensation" within the meaning of
Section 162(m) of the Code must be contingent on one or more Objectively
Determinable Performance Conditions, and the material terms of the Award,
including the maximum amount payable or the payment formula, must be approved
by the stockholders of the Company before such Award is paid.

6.   TERMS AND CONDITIONS OF OPTIONS

     6.1 GENERAL. The Administrator may grant Options to Participants subject to
terms and conditions not inconsistent with the Plan and determined by the
Administrator. The specific terms and conditions applicable to the Awardee shall
be provided for in the Award Agreement. Options shall vest, in whole or in part,
at such times as the Administrator shall specify in the Award Agreement.

     6.2 PRICE. No Option may be granted for less than 85% of the Fair Market
Value of the Shares on the Grant Date. No Option intended as "qualified
performance-based compensation" within the meaning of Section 162(m) of the Code
may be granted for less than 100% of the Fair Market Value of the Shares on the
Grant Date.

     6.3 TERM. No Option shall be exercisable more than ten years after the
Grant Date, or such lesser term as may be fixed by the Administrator in the
Award Agreement.

     6.4 VESTING. Options granted under this Plan shall be exercisable in
accordance with a schedule related to the Grant Date of the Option, the date of
first employment, or

                                       8
<PAGE>

such other date as may be set by the Administrator and specified in the Award
Agreement relating to such Option, but not in any event less than six months
from the Grant Date, date of first employment or other date of set forth in
the Award Agreement for purposes of fixing the vesting of the Option. If so
provided in the Award Agreement, an Option may be exercisable immediately,
subject to Reverse Vesting. The Administrator may require that all Shares
subject to Reverse Vesting be held in escrow until such repurchase right lapses.

     6.5 RIGHT OF REPURCHASE. If an Option is subject to Reverse Vesting, the
Company shall have the right, beginning at the Termination of the Optionee and
continuing for the next three months, to repurchase that number of Shares that
the Optionee would not have been able to purchase under the Option if the Option
did not permit Reverse Vesting, based on the vesting schedule provided in the
Award Agreement. Such right of repurchase shall be at the Option Price.

     6.6 FORM OF CONSIDERATION. The Administrator shall determine the acceptable
form of consideration for exercising rights under an Award from among the
following acceptable forms of consideration:

         (a) cash;

         (b) check or wire transfer, denominated in U.S. Dollars except with the
consent of the Administrator or as specified by the Administrator for foreign
employees or foreign sub-plans;

         (c) delivery or designation of other Shares which (A) in the case of
Shares originally acquired upon exercise of an Option, have been owned by the
Optionee for more than six months on the date of exercise, and (B) have a
Fair Market Value on the date of surrender equal to the aggregate Option
Price of the Shares for which the previously-owned Shares are to be used as
consideration;

         (d) provided that a public market exists for the Shares through a
"same day sale" commitment from the Awardee and a broker-dealer that is a
member of the National Association of Securities Dealers, Inc. (an "NASD
Dealer") whereby the Awardee irrevocably elects to exercise the Option and to
sell a portion of the Shares so purchased to pay for the exercise price of
the Option and all other amounts due to the Company hereunder, and whereby
the NASD Dealer irrevocably commits upon receipt of such Shares to forward
the exercise price and all other amounts due to the Company hereunder
directly to the Company; or

         (e) any combination of the foregoing methods of payment.

                                       9
<PAGE>

     6.7 NON-EMPLOYEE DIRECTOR OPTIONS.

     The provisions of this Section 6.7 shall apply only to grants of Options to
Non-Employee Directors. Except as set forth in this Section 6.7, the other
provisions of the Plan shall apply to grants of Options to Non-Employee
Directors to the extent not inconsistent with this Section.

         (a) GENERAL. Non-Employee Directors shall receive Non-Qualified Stock
Options in accordance with this Section 6.7 and may not be granted Incentive
Stock Options under this Plan. The exercise price for Options granted to
Non-Employee Directors shall be the Fair Market Value on the date of grant.

         (b) GRANTS TO NON-EMPLOYEE DIRECTORS. Commencing at the 2002 Annual
Meeting of Stockholders of the Company, each Non-Employee Director who is
elected or appointed to the Board (including by a way of re-election or
re-appointment) will, at the time such director is elected or appointed and
duly qualified, and after Board approval of such grant, be granted
automatically, without action by the Administrator, an option to purchase
7,500 Shares. Such Option shall become exercisable with respect to one-third
of the Shares covered by the Option six months after the Grant Date (the
"Initial Vesting Date") and with respect to an additional one-third of the
Shares covered by the Option on each of the next two anniversaries of the
Initial Vesting Date.

         (c) DURATION. Subject to the immediately following sentence, each
Option granted to a Non-Employee Director shall be for a term of 10 years. Upon
the cessation of a Non-Employee Director's membership on the Board for any
reason, Options granted to such Non-Employee Director shall expire upon the
earlier of (i) three months from the date of such cessation of Board membership
(or one year if cessation of Board membership is due to the Non-Employee
Director's death or permanent disability); or (ii) expiration of the term of
the Option. The Administrator may not provide for an extended exercise period
beyond the periods set forth in this Section 6.7(c).

7.   INCENTIVE STOCK OPTIONS

     Notwithstanding any other provision of the Plan, the following provisions
apply to Incentive Stock Options:

         (a) The term of an Incentive Stock Option shall be no more than ten
years.

         (b) No Incentive Stock Option may be granted under the Plan more than
ten years following the date the Plan was approved by the Board.

         (c) Regardless of any other provision of this Plan, for any Optionee
Incentive Stock Options granted under all incentive stock option plans of the
Company and its Affiliates may not vest for more than $100,000 in Fair Market
Value of the shares of stock covered by the Options (measured on the Grant
Dates(s)) in any calendar year.

                                       10
<PAGE>

To the extent that the value of such shares exceeds $100,000 in Fair Market
Value, the excess shall be considered to be a Non-Qualified Stock Option, with
the earliest-granted Options or portions thereof to be treated as Incentive
Stock Options and the remainder to be treated as Non-Qualified Stock Options.

         (d) Any Incentive Stock Option granted to a Ten Percent Shareholder, as
defined in Section 7(e), must have an Expiration Date within five years of the
Grant Date.

         (e) The exercise price of an Incentive Stock Option shall never be less
than the Fair Market Value of the shares covered by the Option at the Grant
Date. The exercise price of an Incentive Stock Option granted to a Ten Percent
Shareholder shall never be less than 110% of the Fair Market Value of the shares
of stock covered by the option at the Grant Date. A "TEN PERCENT SHAREHOLDER" is
any person who owns, directly or by attribution under Section 424(d) of the
Code, an amount of stock greater than ten percent of the total combined voting
power of all classes of stock of the Company or of any Affiliate.

         (f) Incentive Stock Options may be granted only to Employees.

         (g) No rights under an Incentive Stock Option may be transferred, other
than by will or the laws of descent and distribution. During the life of the
Optionee, an Incentive Stock Option may be exercised only by the Optionee.

         (h) Any Incentive Stock Option that is not exercised within three
months following the Termination of the Optionee for any reason other than
death or total and permanent disability, or within one year of the total and
permanent disability of the Optionee, shall be treated as a Non-Qualified Stock
Option; provided, however, that in the case of an Optionee who dies within
three months following Termination this subsection shall not apply.

         (i) Any Incentive Stock Option that is not exercised within 90 days
after the beginning of a leave of absence other than an Approved Leave shall be
treated as a Non-Qualified Stock Option; provided, however, that in the case of
an Optionee who dies within three months following the start of the leave of
absence this subsection shall not apply.

8.   STOCK APPRECIATION RIGHTS, RESTRICTED STOCK, CASH AWARDS

     8.1 SARS.

         (a) GENERAL. SARs may be granted either alone, in addition to, or in
tandem with other Awards granted under the Plan. The Administrator may grant
SARs to Participants subject to terms and conditions not inconsistent with the
Plan and determined by the Administrator. The specific terms and conditions
applicable to the Awardee shall

                                       11
<PAGE>

be provided for in the Award Agreement. SARs shall be exercisable, in whole
or in part, at such times as the Administrator shall specify in the Award
Agreement.

         (b) EXERCISE. Upon the exercise of a SAR, in whole or in part, an
Awardee shall be entitled to receive, at the Administrator's discretion: (i)
cash payment in an amount equal to the excess of the Fair Market Value of a
fixed number of shares of common stock covered by the exercised portion of the
SAR on the date of such exercise, over the Fair Market Value of the common stock
covered by the exercised portion of the SAR on the Grant Date; or (ii) shares of
common stock having a Fair Market Value on the date of exercise equal to the
excess of the Fair Market Value of a fixed number of shares of common stock
covered by the exercised portion of the SAR on the date of such exercise, over
the Fair Market Value of the common stock covered by the exercised portion of
the SAR on the Grant Date; provided, however, that the Administrator may place
limits on the aggregate cash amount or number of shares of common stock that may
be paid or issued upon the exercise of a SAR.

         (c) METHOD OF EXERCISE. A SAR shall be deemed to be exercised when
notice of such exercise has been given to the Company in accordance with the
terms of the SAR by the person entitled to exercise the SAR.

     8.2 STOCK AWARDS.

         (a) GENERAL. Stock Awards may be granted either alone, in addition to,
or in tandem with other Awards granted under the Plan. The specific terms and
conditions applicable to the Awardee shall be provided for in the Award
Agreement. The Award Agreement shall state the number of Shares that the Awardee
shall be entitled to receive or purchase, the terms and conditions on which the
Shares shall vest, the price to be paid, if any, and, if applicable, the time
within which the Awardee must accept such offer. The offer shall be accepted by
execution of the Award Agreement. The Administrator may require that all Shares
subject to a right of repurchase or risk of forfeiture be held in escrow until
such repurchase right or risk of forfeiture lapses. The grant or vesting of a
Stock Award may be made contingent on achievement of Objectively Determinable
Performance Conditions. The Administrator may require as a condition for
exercise of a Stock Award, that the Awardee pay up to 50% of the Fair Market
Value as of the Grant Date of the Shares underlying the Stock Award, using any
form of consideration described in Section 6.6; provided the Awardee provides a
payment in cash or other valid consideration approved by the Administrator equal
to at least the aggregate par value of such Shares to the extent required by the
Delaware General Corporation Law.

         (b) FORFEITURE. Unless otherwise provided for by the Administrator in
the Award Agreement, unvested Shares shall be forfeited upon the Awardee's
Termination, except as provided in Sections 9.4 and 10.2. To the extent that the
Awardee purchased the Shares, the Company shall have a right to repurchase the
unvested Shares at the original

                                       12
<PAGE>

price paid by the Awardee, upon Awardee's Termination, except as provided in
Sections 9.4 and 10.2.

     8.3 CASH AWARDS. Cash Awards may be granted either alone, in addition to,
or in tandem with other Awards granted under the Plan. After the Administrator
determines that it will offer a Cash Award, it shall advise the Awardee, by
means of an Award Agreement, of the terms, conditions and restrictions related
to the Cash Award.

9.   EXERCISE OF AWARDS

     9.1 GENERAL

         (a) PROCEDURE FOR EXERCISE. Any Award granted hereunder shall be
exercisable according to the terms of the Plan and at such times and under such
conditions as may be determined by the Administrator and set forth in the
respective Award Agreement. Options subject to Reverse Vesting shall be
exercisable only after expiration of six months from the Grant Date.
Notwithstanding any other provision of this Plan, no Award may be exercised
after the term of the Award has expired.

         (b) LEAVES OF ABSENCE. An Award shall continue to vest during a
leave of absence. No Award may be exercised during more than 90 days after
the beginning of a leave of absence, other than an Approved Leave, as
described below; provided, however, that in the case of an Awardee who dies
within three months following the start of the leave of absence, the
Awardee's vested Awards may be exercised during the period provided in
Section 9.4(b). Awards held by an Awardee who has taken an Approved Leave may
be exercised within the first three months after the beginning of the leave
of absence, upon the Awardee's return to active employment status, or if the
Awardee dies within three months following the beginning of the leave of
absence, the period specified in Section 9.4(b), in each case to the extent
the Awards have vested.

     9.2 TIME OF EXERCISE. An Award shall be deemed exercised when the Company
receives: (a) notice of exercise (in accordance with the Award Agreement) from
the person entitled to exercise the Award, (b) in the case of an Award requiring
payment of an Option Price, full payment, or provision for payment in a form
approved by the Administrator, for the Shares underlying the Award, and (c) in
the case of a Non-Qualified Stock Option, or other Award requiring the payment
of withholding taxes, payment of all applicable withholding taxes due upon such
exercise. An Award may not be exercised for a fraction of a Share.

     9.3 ISSUANCE OF SHARES. Shares issued upon exercise of an Award shall be
issued in the name of the Awardee. Until the Shares are issued (as evidenced by
the appropriate entry on the books of the Company or of a duly authorized
transfer agent of the Company), no right to vote or receive dividends or any
other rights as a shareholder shall exist with respect to the Shares subject to
an Award, notwithstanding the exercise of

                                       13
<PAGE>

the Award. The Company shall issue (or cause to be issued) such Shares promptly
after the Award is exercised. No adjustment will be made for a dividend or
other right for which the record date is prior to the date the Shares are
issued, except as provided in Section 3.3 of the Plan.

     9.4 TERMINATION.

         (a) GENERAL. Unless otherwise provided for by the Administrator in the
Award Agreement, if an Awardee ceases to be an Employee or Consultant, other
than as a result of circumstances described in Sections 9.4(b), (c) and (d)
below, the Awardee's vested Awards shall be exercisable for thirty days
following the Awardee's Termination, or if earlier, the expiration of the term
of such Awards. If the Awardee does not exercise an Award within the time set
forth above, the Award shall automatically terminate.

         (b) DEATH OR DISABILITY. Unless otherwise provided for by the
Administrator in the Award Agreement, if an Awardee dies or becomes totally and
permanently disabled while an Employee or Consultant, the Awardee's vested
Awards shall be exercisable for one year following the Awardee's death or
disability, but not after the expiration of the term of such Award. The Award
may be exercised by the beneficiary designated by the Awardee (as provided in
Section 15), the executor or administrator of the Awardee's estate or, if none,
by the person(s) entitled to exercise the Award under the Awardee's will or the
laws of descent and distribution. If an Award is not so exercised within the
time specified herein, the Award shall automatically terminate.

         (c) TERMINATION FOR "CAUSE". If an Awardee ceases to be an Employee or
Consultant for "cause," all Awards held by the Awardee as of the time of
Termination shall immediately terminate, and such Awards shall cease to be
exercisable as of such time. "CAUSE" means dishonesty, fraud, misconduct,
disclosure of confidential information, conviction of, or a plea of guilty or no
contest to, a felony under the laws of the United States or any state thereof,
habitual absence from work for reasons other than illness, intentional conduct
which causes significant injury to the Company, or habitual abuse of alcohol or
a controlled substance, in each case determined by the Administrator, whose
determination will be conclusive and binding.

         (d) DIVESTITURE. If an Awardee ceases to be an Employee or Consultant
because of a divestiture of an Affiliate, the Administrator may, in its sole
discretion, make such Awardee's outstanding Awards fully vested and exercisable
and provide that such Awards remain exercisable for a period of time to be
determined by the Administrator. The determination of whether a divestiture will
occur or has occurred shall be made by the Administrator in its sole discretion.
If the Awardee does not exercise an Award by the expiration of such time period,
the Award shall automatically terminate.

     9.5 BUYOUT PROVISIONS. At any time, the Administrator may, but shall not be
required to, offer to buy out for a payment in cash or Shares an Award
previously granted

                                       14
<PAGE>

based on such terms and conditions as the Administrator shall
establish and communicate to the Awardee at the time that such offer is made.

10.  DISSOLUTION AND CORPORATE TRANSACTIONS

     10.1 DISSOLUTION OR LIQUIDATION. In the event of the proposed dissolution
or liquidation of the Company, the Administrator shall notify each Awardee as
soon as practicable prior to the effective date of such proposed transaction.
The Administrator in its discretion may provide for an Award to be fully vested
and exercisable until ten days prior to such transaction. In addition, the
Administrator may provide that any restrictions on any Award shall lapse prior
to the transaction, provided the proposed dissolution or liquidation takes place
at the time and in the manner contemplated. To the extent it has not been
previously exercised, an Award will terminate immediately prior to the
consummation of such proposed transaction.

     10.2 CORPORATE TRANSACTIONS.

          (a) ASSUMPTION OR REPLACEMENT OF AWARDS BY SUCCESSOR. In the event of
(i) a dissolution or liquidation of the Company, (ii) a merger or consolidation
in which the Company is not the surviving corporation (other than a merger or
consolidation with a wholly-owned subsidiary, a reincorporation of the Company
in a different jurisdiction, or other transaction in which there is no
substantial change in the stockholders of the Company or their relative stock
holdings and the Awards granted under this Plan are assumed, converted or
replaced by the successor corporation, which assumption will be binding on all
Awardees), (iii) a merger in which the Company is the surviving corporation but
after which stockholders owning more than 50% of the voting stock of the Company
immediately prior to the merger (other than any stockholder which merges, or
which owns or controls another corporation which merges, with the Company in
such merger) cease to own a majority of the voting stock of the Company
immediately after the merger, or (iv) the sale of all or substantially all of
the assets of the Company (collectively, "Corporate Transaction"), any or all
outstanding Awards may be assumed, converted or replaced by the successor
corporation (if any), which assumption, conversion or replacement will be
binding on all Awardees. In the alternative, the successor corporation may
substitute equivalent Awards or provide substantially similar consideration to
Awardees as was provided to stockholders (after taking into account the existing
provisions of the Awards). The successor corporation may also issue, in place of
outstanding Shares of the Company held by the Awardees, substantially similar
shares or other property subject to repurchase restrictions no less favorable to
the Awardee. Notwithstanding the foregoing, if (a) any Awardee whose options are
(i) assumed, converted or replaced by the successor corporation (if any), or
(ii) substituted by the successor corporation with equivalent Awards or
substantially similar consideration; and (b) such Awardee is terminated by the
Company or a successor corporation (if any) without cause within twelve months
of the effective date of the Corporate Transaction; then any Options held by the
Awardee will immediately become fully vested and

                                       15
<PAGE>

exercisable by the Awardee. In the event such successor corporation (if any)
refuses to assume or substitute Options, as provided above, pursuant to a
transaction described in this Section 10.2(a) then notwithstanding any other
provision in this Plan to the contrary, such Award will become fully vested at
such time and on such conditions as the Board determines.

          (b) OTHER TREATMENT OF AWARDS. Subject to any greater rights
granted to Awardees under the foregoing provisions of this Section 11.2, in
the event of the occurrence of any transaction described in Section 11.2(a),
any outstanding Awards will be treated as provided in the applicable
agreement or plan of merger, consolidation, dissolution, liquidation, sale of
assets or other "corporate transaction."

          (c) ASSUMPTION OF AWARDS BY THE COMPANY. The Company, from time to
time, also may substitute or assume outstanding awards granted by another
company, whether in connection with an acquisition of such other company or
otherwise, by either: (a) granting an Award under the Plan in substitution of
such other company's award; or (b) assuming such award as if it had been
granted under this Plan. In the event the Company assumes an award granted by
another company, the terms and conditions of such award will remain unchanged
(except that the exercise price and the number and nature of Shares issuable
upon exercise of any such option will be adjusted appropriately pursuant to
Section 424(a) of the Code).

11.  WITHHOLDING AND TAX REPORTING

     11.1 TAX WITHHOLDING.

          (a) WITHHOLDING GENERALLY. Whenever Shares are to be issued in
satisfaction of Awards granted under the Plan, the Company may require the
Awardee to remit to the Company an amount sufficient to satisfy federal, state
and local withholding tax requirements prior to the delivery of any certificate
or certificates for such Shares. Whenever, under the Plan, payments in
satisfaction of Awards are to be made by the Company, such payment will be net
of an amount sufficient to satisfy federal, state, and local withholding tax
requirements.

          (b) STOCK WITHHOLDING. The Company shall have the right, but not the
obligation, to deduct from the Shares issuable upon the exercise of an Award, or
to accept from the Awardee the tender of, a number of whole Shares having a Fair
Market Value equal to all or any part of the federal, state, local and foreign
taxes, if any, required by law to be withheld by the Company with respect to
such Award or the Shares acquired upon the exercise thereof. Alternatively or in
addition, in its discretion, the Company shall have the right to require the
Awardee, through payroll withholding, cash payment or otherwise, including by
means of a Cashless Exercise, to make adequate provision for any such tax
withholding obligations arising in connection with the Award or the Shares
acquired upon the exercise thereof. The Company shall have no obligation to
deliver

                                       16
<PAGE>

Shares or to release Shares from an escrow established pursuant to the
Award Agreement until the Company's tax withholding obligations have been
satisfied by the Awardee.

     11.2 TAX REPORTING. The Awardee of an Incentive Stock Option shall notify
the Administrator within ten days of any disposition of the Shares acquired on
the exercise of such Option for (a) the longer of two years from the Grant Date
or one year from the exercise date of such Option, or (b) such different period
as the Administrator may establish, and shall provide such information in
connection with such disposition as the Administrator may request.

12.  COMPLIANCE WITH LAW; MODIFICATION OF PLAN MATERIALS

     12.1 COMPLIANCE WITH LAW. The grant of Awards and the issuance of Shares
upon exercise of Awards shall be subject to compliance with Applicable Laws,
including all applicable requirements of federal, state and foreign law with
respect to the offering and sale of securities. Awards may not be exercised if
the issuance of Shares upon exercise would constitute a violation of Applicable
Laws. In addition, no Award may be exercised unless (a) a registration statement
under the Securities Act shall at the time of exercise of the Award be in effect
with respect to the Shares issuable upon exercise of the Award or (b) in the
opinion of legal counsel to the Company, the Shares issuable upon exercise of
the Award may be issued in accordance with the terms of an applicable exemption
from the registration requirements of the Securities Act. The inability of the
Company to obtain from any regulatory body the authority deemed by the Company's
legal counsel to be necessary to the lawful issuance and sale of Shares
hereunder shall relieve the Company of any liability in respect of the failure
to issue or sell such Shares. As a condition to the exercise of any Award, the
Company may require the Awardee to satisfy any qualifications that may be
necessary or appropriate, to evidence compliance with any applicable law or
regulation and to make any representation or warranty with respect thereto as
may be requested by the Company.

     12.2 CERTIFICATES. All certificates for Shares or other securities
delivered under this Plan will be subject to such stop transfer instructions,
legends and other restrictions as the Administrator may deem necessary or
advisable, including restrictions under any applicable federal, state or foreign
securities law, or any rules, regulations and other requirements of the
Securities and Exchange Commission or any stock exchange or automated quotation
system upon which the Shares may be listed or quoted.

13.  AMENDMENT OR TERMINATION OF PLAN

     13.1 AMENDMENT AND TERMINATION. The Board may at any time amend, alter,
suspend or terminate the Plan.

                                       17
<PAGE>

     13.2 SHAREHOLDER APPROVAL. The Company shall obtain shareholder approval of
any Plan amendment to the extent necessary and desirable to comply with
Applicable Laws.

     13.3 EFFECT OF AMENDMENT OR TERMINATION. No amendment, alteration,
suspension or termination of the Plan shall impair the rights of any Award,
unless mutually agreed otherwise between the Awardee and the Administrator,
which agreement must be in writing and signed by the Awardee and the Company.
Termination of the Plan shall not affect the Administrator's ability to exercise
the powers granted to it hereunder with respect to Awards granted under the Plan
prior to the date of such termination.

14.  RESERVED RIGHTS

     14.1 NONEXCLUSIVITY OF THE PLAN. The adoption of this Plan shall not limit
the power of the Company in any way to adopt other incentive arrangements,
including, without limitation, the granting of stock options or the granting of
stock or rights with respect to stock other than under this Plan.

     14.2 UNFUNDED PLAN. The Plan shall be unfunded. Although bookkeeping
accounts may be established with respect to Participants who are granted Awards
of Shares under this Plan, any such accounts will be used merely as a
bookkeeping convenience. Except for the holding of restricted stock in escrow
pursuant to Section 8.2 or 6.5, the Company shall not be required to segregate
any assets which may at any time be represented by Awards, and neither shall
this Plan be construed as providing for such segregation, nor shall the Company
or the Administrator be deemed to be a trustee of stock or cash to be awarded
under the Plan. Any liability of the Company to any Awardee shall be based
solely upon any contractual obligations that may be created by the Plan; no such
obligation of the Company shall be deemed to be secured by any pledge or other
encumbrance on any property of the Company. Neither the Company nor the
Administrator shall be required to give any security or bond for the performance
of any obligation that may be created by this Plan.

     14.3 CONSULTING OR EMPLOYMENT RELATIONSHIP. This Plan or any Award granted
by this Plan shall not interfere with or limit in any way the right of the
Company or of any of its Affiliates to terminate any Awardee's employment or
consulting at any time. This Plan does not confer upon any Participant any right
to continue in the employ of, or consult with, the Company or any of its
Affiliates. In addition, this Plan does not interfere in any way with any
provision in the Company's charter documents relating to the election,
appointment, terms of office, and removal of members of the Board.

15.  BENEFICIARIES

          (a) An Awardee may file a written designation of a beneficiary who is
to receive the Awardee's rights pursuant to Awardee's Award or the Awardee may

                                       18
<PAGE>

include his or her Awards in an omnibus beneficiary designation for all benefits
under the Plan.

          (b) Any designation of beneficiary may be changed by the Awardee at
any time by written notice. In the event of the death of an Awardee and in the
absence of a beneficiary validly designated under the Plan who is living at the
time of such Awardee's death, the Company shall allow the executor or
administrator of the estate of the Awardee to exercise the Award, or if no such
executor or administrator has been appointed (to the knowledge of the Company),
the Company, in its discretion, may allow the spouse or one or more dependents
or relatives of the Awardee to exercise the Award.

16.  MISCELLANEOUS

     16.1 GOVERNING LAW. This Plan and all determinations made and actions taken
pursuant hereto shall be governed by the substantive laws, but not the choice of
law rules, of the State of Delaware.

     16.2 DETERMINATION OF VALUE. Fair Market Value shall be determined as
follows:

          (a) LISTED STOCK. If the stock of the Company is listed on any
established stock exchange or a national market system, its Fair Market Value
shall be the closing sales price for the stock as quoted on the stock exchange
or system for the date the value is to be determined (the "VALUE DATE") as
reported in the Wall Street Journal or a similar publication. If no sales
occurred on the Value Date, then the Company shall use the value for the last
preceding business day on which sales occurred. If no sales occurred for one
week before the Value Date, the Company shall use the closing bid on the Value
Date as the Fair Market Value of the stock. If the stock is listed on multiple
exchanges or systems, the stock's value on the largest exchange will be used.

          (b) STOCK QUOTED BY SECURITIES DEALER. If the stock of the Company is
regularly quoted by a recognized securities dealer but selling prices are not
reported, its Fair Market Value shall be the mean between the high bid and low
asked prices on the Value Date. If there are no quoted prices for the Value
Date, then the Fair Market Value shall be its value on the last preceding
business day on which there were quoted prices.

          (c) NO ESTABLISHED MARKET FOR STOCK. In the absence of an established
market for the stock, the Administrator will determine the Fair Market Value in
good faith. The Administrator will consider the following factors, without
limitation, in determining the value of Shares: the recent issue price of other
securities of the Company, the Company's net worth, its prospective earning
power, its paying capacity regarding dividends, and any other relevant factors,
including the management of the Company, its goodwill, the economic outlook of
the Company's industry, the Company's

                                       19
<PAGE>

position in the industry, and the values of stock of other corporations in
the same industry.

     16.3 NOTICE. Any written notice to the Company required by any provisions
of the Plan shall be addressed to the Secretary of the Company and shall be
effective when received.

     16.4 RESERVATION OF SHARES. The Company, during the term of the Plan, will
at all times reserve and keep available such number of Shares as shall be
sufficient to satisfy the requirements of the Plan.

     16.5 ELECTRONIC COMMUNICATIONS. Any Award Agreement, notice of exercise of
an Option, or other document required or permitted by this Plan may be delivered
in writing or, to the extent determined by the Administrator, electronically.
Signatures may also be electronic to the extent determined by the Administrator.

     16.6 NONASSIGNABILITY OF AWARDS. Except as expressly permitted by the
Administrator, no Award granted under this Plan shall be assignable or otherwise
transferable by the Awardee except by will, pursuant to a domestic relations
order (within the meaning of Rule 16a-12 promulgated under the Exchange Act) or
by the laws of descent and distribution. During the life of the Awardee, except
as expressly permitted by the Administrator, an Award shall be exercisable only
by the Awardee. No Award may be assigned before it has vested.

     16.7 ADDITIONAL RESTRICTIONS OF RULE 16b-3. The terms and conditions of
Awards granted hereunder to, and the purchase of Shares by, Participants subject
to Section 16 of the Exchange Act shall comply with the applicable provisions of
Rule 16b-3. The Plan shall be deemed to contain, and such Awards shall contain,
and the Shares issued upon exercise thereof shall be subject to, such additional
conditions and restrictions as may be required by Rule 16b-3 to qualify for the
maximum exemption from Section 16 of the Exchange Act with respect to
transactions under the Plan.

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