Document:

Restricted Stock Agreement Jeffrey A. Allred and Registrant  April 18, 2005

 Exhibit 10.6 
  
 RESTRICTED STOCK AGREEMENT 
  
 Non-transferable 
  
 GRANT TO 
  
 Jeffrey A. Allred 
 (“Grantee”) 
  
 by Premiere Global Services, Inc. (the “Company”) of 
  
 120,000 
  
 shares of its common stock, $0.01 par value (the “Shares”) 
  
 pursuant to and subject to the provisions of the Premiere Global Services, Inc. 2004
Long-Term Incentive Plan (the “Plan”) and to the terms and conditions set forth on the following page (the “Terms and Conditions”). 
  
 Unless sooner vested in accordance with Section 3 of the Terms and Conditions, the restrictions imposed under Section 2 of the Terms and Conditions will
expire as follows: in recognition of Grantee’s services during the first quarter of 2005, 30,000 Shares will be immediately vested as of the Grant Date, and thereafter as to 30,000 Shares, on the last day of each calendar quarter beginning June
30, 2005; provided that Grantee is then still employed by the Company or any of its Affiliates. 
  
 IN WITNESS WHEREOF, Premiere Global Services, Inc., acting by and through its duly authorized officers, has caused this Agreement to be executed as of the
Grant Date. 
  

			
	PREMIERE GLOBAL SERVICES, INC.
		
	By:	 	 /s/ L. Scott Askins

	 	 	L. Scott Askins
	Its:	 	SVP – Legal and General Counsel

  

			
	Grant Date: April 18, 2005
		
	Accepted by Grantee:	 	 /s/ Jeffrey A. Allred

	 	 	Jeffrey A. Allred

 TERMS AND CONDITIONS 
  
 1. Grant of Shares. Premiere Global Services, Inc. (the “Company”) hereby grants to the Grantee named on Page 1 hereof (“Grantee”), subject to
the restrictions and the other terms and conditions set forth in the Premiere Global Services, Inc. 2004 Long-Term Incentive Plan (the “Plan”) and in this award agreement (this “Agreement”), the number of shares indicated on Page
1 hereof of the Company’s $0.01 par value common stock (the “Shares”). Capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Plan. 
  
 2. Restrictions. The Shares are subject to each of the following restrictions.
“Restricted Shares” mean those Shares that are subject to the restrictions imposed hereunder which restrictions have not then expired or terminated. Restricted Shares may not be sold, transferred, exchanged, assigned, pledged, hypothecated
or otherwise encumbered. If Grantee’s employment with the Company or any Affiliate terminates for any reason other than as set forth in paragraphs (b), (c), or (d) of Section 3 hereof, then Grantee shall forfeit all of Grantee’s right,
title and interest in and to the Restricted Shares as of the date of employment termination, such Restricted Shares shall revert to the Company immediately following the event of forfeiture. The restrictions imposed under this Section 2 shall apply
to all shares of the Company’s common stock or other securities issued with respect to Restricted Shares hereunder in connection with any merger, reorganization, consolidation, recapitalization, stock dividend or other change in corporate
structure affecting the common stock of the Company. 
  
 3. Expiration and
Termination of Restrictions. The restrictions imposed under Section 2 will expire on the earliest to occur of the following (the period prior to such expiration being referred to herein as the “Restricted Period”): 
  
 (a) On the respective dates specified on page 1 hereof; provided Grantee is
then still employed by the Company or an Affiliate; or 
  
 (b) As
to all of the unvested Shares, on the date of termination of Grantee’s employment by reason of death or Disability. 
  
 (c) As to all of the unvested Shares, on the date of termination of Grantee’s employment by the Company without Cause or by the Grantee for Good
Reason. 
  
 (d) As to all of the unvested Shares, upon the
occurrence of a Change in Control. 
  
 For purposes of this Agreement,
“Cause,” “Disability,” “Good Reason,” and “Change in Control” shall have the same meaning as in Grantee’s Fourth Amended and Restated Executive Employment Agreement, dated as of January 1, 2005

  
 4. Delivery of Shares. The Shares will be registered in the name of
Grantee as of the Grant Date and will be held by the Company during the Restricted Period in certificated or uncertificated form. If a certificate for Restricted Shares is issued during the Restricted Period with respect to such Shares, such
certificate shall be registered in the name of Grantee and shall bear a legend in substantially the following form (in addition to any legend required under applicable state securities laws): 
  
 “This certificate and the shares of stock represented hereby are subject to the terms
and conditions (including forfeiture and restrictions against transfer) contained in a Restricted Stock Agreement between the registered owner of the shares represented hereby and Premiere Global Services, Inc. Release from such terms and conditions
shall be made only in accordance with the provisions of such Agreement, copies of which are on file in the offices of Premiere Global Services, Inc.” 
  
 Stock certificates for the Shares, without the first above legend, shall be delivered to Grantee or Grantee’s designee upon request of Grantee after the expiration
of the Restricted Period, but delivery may be postponed for such period as may be required for the Company with reasonable diligence to comply if deemed advisable by the Company, with registration requirements under the Securities Act of 1933, as
amended, listing requirements under the rules of any stock exchange, and requirements under any other law or regulation applicable to the issuance or transfer of the Shares. 
  
 5. Voting and Dividend Rights. Grantee, as beneficial owner of the Shares, shall have full voting and dividend rights with respect to
the Shares during and after the Restricted Period. If Grantee forfeits any rights he or she may have under this Agreement in accordance with Section 3, Grantee shall no longer have any rights as a shareholder with respect to the Restricted Shares or
any interest therein and Grantee shall no longer be entitled to receive dividends on such stock. In the event that for any reason Grantee shall have received dividends upon such stock after such forfeiture, Grantee shall repay to the Company any
amount equal to such dividends. 
  
 6. Changes in Capital Structure. The
provisions of the Plan shall apply in the case of a change in the capital structure of the Company. Without limiting the foregoing, in the event of a subdivision of the outstanding Stock (stock-split), a declaration of a dividend payable in Stock,
or a combination or consolidation of the outstanding Stock into a lesser number of shares, the Shares then subject to this Agreement shall automatically be adjusted proportionately. 
  
 7. No Right of Continued Employment. Nothing in this Agreement shall interfere with or limit in any way the right of the Company or
any Affiliate to terminate Grantee’s employment at any time, nor confer upon Grantee any right to continue in the employ of the Company or any Affiliate. 
  

8. Payment of Taxes. Upon issuance of the Shares hereunder, Grantee may make an election to be taxed upon such award under Section 83(b) of the Code. To effect
such election, Grantee may file an appropriate election with Internal Revenue Service within thirty (30) days after award of the Shares and otherwise in accordance with applicable Treasury Regulations. Grantee will, no later than the date as of
which any amount related to the Shares first becomes includable in Grantee’s gross income for federal income tax purposes, pay to the Company, or make other arrangements satisfactory to the Committee regarding payment of, any federal, state and
local taxes of any kind required by law to be withheld with respect to such amount. The obligations of the Company under this Agreement will be conditional on such payment or arrangements, and the Company, and, where applicable, its Affiliates will,
to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to Grantee. 
  
 9. Amendment. The Committee may amend, modify or terminate this Agreement without approval of Grantee; provided, however, that such amendment, modification or
termination shall not, without Grantee’s consent, reduce or diminish the value of this award determined as if it had been fully vested (i.e., as if all restrictions on the Shares hereunder had expired) on the date of such amendment or
termination. 
  
 10. Plan Controls. The terms contained in the Plan are
incorporated into and made a part of this Agreement and this Agreement shall be governed by and construed in accordance with the Plan. In the event of any actual or alleged conflict between the provisions of the Plan and the provisions of this
Agreement, the provisions of the Plan shall be controlling and determinative. 
  
 11. Successors. This Agreement shall be binding upon any successor of the Company, in accordance with the terms of this Agreement and the Plan. 
  

12. Severability. If any one or more of the provisions contained in this Agreement is deemed to be invalid, illegal or unenforceable, the other provisions of
this Agreement will be construed and enforced as if the invalid, illegal or unenforceable provision had never been included. 
  
 13. Notice. Notices and communications under this Agreement must be in writing and either personally delivered or sent by registered or certified United States
mail, return receipt requested, postage prepaid. Notices to the Company must be addressed to: 
  
 Premiere Global Services, Inc. 
 3399 Peachtree Road, N.E. 
 The Lenox Building, Suite 700 
 Atlanta, Georgia 30326 
 Attn: Director, Stock Plan Management 
  
 or any
other address designated by the Company in a written notice to Grantee. Notices to Grantee will be directed to the address of Grantee then currently on file with the Company, or at any other address given by Grantee in a written notice to the
Company.EX-10.1

THIS IS A RELEASE. YOU SHOULD READ IT CAREFULLY BEFORE YOU SIGN IT.

SEPARATION AGREEMENT AND GENERAL RELEASE

THIS SEPARATION AGREEMENT AND GENERAL RELEASE (“Agreement”) is made and entered into on the
date this Agreement is fully executed (the “Agreement Date”) by and between GUILFORD
PHARMACEUTICALS INC. (the “Company”) and Nancy J. Linck (“Employee”).

WHEREAS, the parties desire to set forth in this Agreement the terms upon which they have
mutually agreed to an orderly termination of Employee’s employment with the Company;

NOW THEREFORE, in consideration of the foregoing and of other considerations contained in this
Agreement, the parties agree as follows:

	 	1.	 	Separation of Employment. Employee acknowledges that Employee’s employment with the
Company will cease upon the close of business on April 20, 2005 (“Effective Date”) and agree
that Employee has no right to further employment by the Company after that date. Further,
Employee acknowledges that Employee’s last day of work is April 15, 2005.

	 	2.	 	Severance and Other “Benefits”. In consideration of the covenants and agreements
made by Employee hereunder, the Company will, commencing upon the eighth day after this
Agreement has been executed by Employee (provided that such execution has not been revoked by
Employee prior thereto):

	 	(a)	 	Pay Employee a total severance of $264,805, which will be paid following
Company’s regular payroll process, in increments to resemble regular pay checks, less
applicable taxes and withholdings;

	 	(b)	 	Employee will continue on medical benefits as an employee through April 30,
2005 and may enroll in COBRA benefits thereafter. Should Employee elect COBRA
coverage, Company will pay any premiums due, subject to the provisions of Section 3
below, while Employee is receiving severance. Information concerning COBRA rights and
costs will be provided under separate cover, following usual Company process;

	 	(c)	 	Employee will be eligible to participate in up to 12 months of outplacement
support through Right Management Consultants, provided Employee initiates participation
in the outplacement program within 60 days of the Effective Date;

	 	(d)	 	Employee will be eligible for the reimbursement of expenses relating to the
preparation of 2004 and 2005 taxes, to a maximum of $5,000 for each year. Submissions
for reimbursement for 2004 taxes must be submitted no later than May 15, 2005 to be
eligible for reimbursement. Submissions for reimbursement for 2005 taxes must be
submitted no later than May 15, 2006 to be eligible for reimbursement. Submissions
received after the above noted dates will be considered ineligible for reimbursement;

	 	(e)	 	Company will transfer complete and full ownership of the laptop currently
assigned to Employee, as well as all non-proprietary software on that laptop, to
Employee, with no guarantees or warrantees;

	 	(f)	 	Employee will receive $17,288.71, less applicable taxes and withholdings, as
payout of 135.8 hours of accrued and unused vacation, corresponding with the April 29,
2005 paycheck.

	 	3.	 	Cessation of Medical Benefits. If Employee gains medical benefits prior to the
exhaustion of the severance payments described in Section 2(a) above, Employee will notify
Company of the impending coverage prior to the commencement thereof and the COBRA premium
payments will terminate immediately prior to the commencement of Employee’s medical benefit
coverage under the new benefit plan.

	 	4.	 	Other Benefits. Except as provided in Section 2 of this Agreement, the Company shall
not be obligated to make any other payments, or provide any other benefits to Employee,
following the Effective Date. Without limiting the generality of the foregoing, all vesting
of stock options, eligibility for matching grants and all other benefits shall terminate on
the Effective Date.

	 	5.	 	GENERAL RELEASE OF CLAIMS AND PROMISE NOT TO SUE. IN CONSIDERATION OF THE BENEFIT
DESCRIBED IN SECTION 2, EMPLOYEE, ON BEHALF OF EMPLOYEE, EMPLOYEE’S HEIRS, EXECUTORS,
ADMINISTRATORS, SUCCESSORS AND ASSIGNS, HEREBY RELEASES, ACQUITS AND FOREVER DISCHARGES THE
COMPANY AND ANY AND ALL OF ITS CURRENT OR FORMER SUBSIDIARIES AND OTHER AFFILIATED ENTITIES
AND BENEFIT PLANS, AS WELL AS ITS AND/OR THEIR OFFICERS, DIRECTORS, REPRESENTATIVES,
ATTORNEYS, AGENTS, SERVANTS, EMPLOYEES, STOCKHOLDERS, SUCCESSORS, PREDECESSORS AND AFFILIATES
(FOR PURPOSES OF THIS SECTION 5, ALL INCORPORATED IN THE DEFINITION OF THE “COMPANY”) FROM ANY
AND ALL CLAIMS, LIABILITIES, DEMANDS, CAUSES OF ACTION, COSTS, EXPENSES, ATTORNEY’S FEES,
DAMAGES, INDEMNITIES AND OBLIGATIONS OF EVERY KIND AND NATURE, IN LAW, IN EQUITY OR OTHERWISE,
KNOWN OR UNKNOWN, SUSPECTED OR UNSUSPECTED, DISCLOSED AND UNDISCLOSED, ARISING OUT OF OR IN
ANY WAY RELATED TO AGREEMENTS, ACTS OR CONDUCT AT ANY TIME AS OF OR PRIOR TO THE EFFECTIVE
DATE, INCLUDING, BUT NOT LIMITED TO: ALL SUCH CLAIMS OR DEMANDS ARISING FROM EMPLOYEE’S
EMPLOYMENT OR THE TERMINATION OF EMPLOYEE’S EMPLOYMENT; ALL SUCH CLAIMS AND DEMANDS RELATED TO
SALARY, BONUSES, COMMISSIONS, STOCK, STOCK OPTIONS, (EXCEPT THAT EMPLOYEE SHALL HAVE THE RIGHT
TO EXERCISE ANY VESTED AND UNEXERCISED STOCK OPTIONS PREVIOUSLY GRANTED TO EMPLOYEE IN
ACCORDANCE WITH ANY AGREEMENT(S) APPLICABLE THERETO), AND STOCK OPTION PLAN(S), FRINGE
BENEFITS, SEVERANCE PAY, EXPENSE REIMBURSEMENTS, OR ANY FORM OF COMPENSATION; CLAIMS PURSUANT
TO ANY FEDERAL, STATE OR LOCAL LAW OR CAUSE OF ACTION INCLUDING, BUT NOT LIMITED TO, THE
FEDERAL CIVIL RIGHTS ACT OF 1964, AS AMENDED, THE AMERICANS WITH DISABILITIES ACT, THE
MARYLAND FAIR EMPLOYMENT PRACTICES ACT, AS AMENDED, THE AGE DISCRIMINATION IN EMPLOYMENT ACT
OF 1967, AS AMENDED, THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED, OR ANY
LAW OR LEGAL PRINCIPLE OF SIMILAR EFFECT IN ANY OTHER RELEVANT JURISDICTION; CONTRACT CLAIMS;
TORT CLAIMS; OR CLAIMS OF WRONGFUL DISCHARGE, DISCRIMINATION, FRAUD, DEFAMATION, AND EMOTIONAL
DISTRESS BEFORE ANY STATE OR FEDERAL COURT OR AGENCY, CIVIL RIGHTS COMMISSION, OR OTHER FORUM,
EXCEPTING ONLY THOSE CLAIMS, IF ANY, WHICH EMPLOYEE IS PROHIBITED BY LAW FROM WAIVING.
EMPLOYEE FURTHER AGREES NOT TO SUE OR OTHERWISE INSTITUTE OR CAUSE TO BE INSTITUTED OR IN ANY
WAY VOLUNTARILY PARTICIPATE IN THE PROSECUTION OF ANY COMPLAINTS OR CHARGES AGAINST ANY
PERSONS OR ENTITIES RELEASED BY THIS AGREEMENT IN ANY FEDERAL, STATE OR OTHER COURT,
ADMINISTRATIVE AGENCY OR OTHER FORUM CONCERNING ANY CLAIMS RELEASED BY THIS AGREEMENT.
EMPLOYEE WAIVES THE RIGHT TO RECOVER FROM ANY COMPLAINTS, CHARGES, OR LAWSUITS FILED BY
EMPLOYEE, OR BY ANY STATE OR FEDERAL AGENCY ON EMPLOYEE’S BEHALF, CONCERNING ANY CLAIMS
RELEASED BY THIS AGREEMENT.

	 	6.	 	Return of Company Property. Employee will immediately return any of the Company’s
property in Employee’s possession or control (including, but not limited to, any Company keys,
identification cards, credit cards, business cards, rolodex, documents, records, and computer
hardware, software or tapes or diskettes) to a designated representative of the Company.

	 	7.	 	Certain Covenants. Employee covenants and agrees that for a two (2) year period
following the Agreement Date hereof: (i) Employee will refrain from making any defamatory,
derogatory or other unfavorable statements regarding the Company or its business, officers,
directors, employees and agents; and (ii) Employee will refrain from exhorting or soliciting
Company employees to leave the Company or to accept employment or other engagement with any
entity other than the Company, harassing Company personnel or parties with whom the Company
has business dealings, or otherwise interfering with the smooth and normal conduct in the
ordinary course of the Company’s business.

	 	8.	 	Confidentiality. Except for Employee’s own attorney, tax advisor and immediate
family, Employee agrees that the existence of, and the terms of this Agreement, shall be
confidential, and that Employee, Employee’s attorney, tax advisor and immediate family will
not disclose any information concerning the existence of, or the terms of, this Agreement to
anyone, including but not limited to past, present or future employees of the Company.
Employee acknowledges that Employee remains bound by the provisions of a Patent and
Confidentiality Agreement as previously signed by Employee.

	 	9.	 	Severability. Each provision of this Agreement shall be considered severable. If
any provision contained herein is held to be void, illegal or unenforceable, such illegality
or unenforceability shall not affect any of the other provisions herein, and the remaining
provisions of this Agreement will continue to be given full force and effect. It is the
intention of the Parties that, if any court construes any provision to be unenforceable or
unreasonable because of the duration of such provision or the area or matter, if capable of
being made enforceable by the court’s reduction of such provision, this Agreement shall be
reduced and enforceable in its modified form.

	 	10.	 	Continuation. Provisions of this agreement shall inure to the benefit of the
parties, their successors and assigns, and shall be binding on the parties and their heirs,
executors, administrators, successors and assigns.

	 	11.	 	References. Employee agrees that Employee will direct all requests for references
from the Company to the Human Resources Department at 6611 Tributary Street, Baltimore, MD
21224. The Company will respond to all requests for references by providing information
limited to salary, position, and dates of employment. Nothing in this provision will preclude
the Company from truthfully answering requests from government agencies or subpoenas as
required by law.

	 	12.	 	No Admission. Employee understands and agrees that nothing contained in this
Agreement is to be considered an admission by the Company of any wrongdoing under any federal,
state or local statute, regulation, public policy, tort law, contract law, or common law.

	 	13.	 	Consideration of Agreement and Waiver of 21-Day Period. Employee acknowledges that
Employee has read and understands this Agreement and is executing it knowingly, voluntarily
and without coercion, that Employee has been advised to consult with an attorney prior to
executing this Agreement, and that Employee has been given a period of twenty-one (21 days
within which to consider and execute this Agreement, unless Employee voluntarily chooses to
execute this Agreement before the end of the 21-day period. Once executed, Employee
understands that Employee has seven (7) days following the execution of this Agreement to
revoke it, and that this Agreement is not effective or enforceable until after this seven (7)
day period. Among other things, this means that the Benefits contemplated in Section 2 above
will not be payable until this Agreement becomes effective and enforceable. Employee
understands that a portion of the consideration offered by the Company in this Agreement
relates specifically to Employee’s release of claims under the Age Discrimination in
Employment Act of 1967, as amended. Employee further understands that once this Agreement
becomes effective, it cannot be altered, revoked or rescinded without the express written
consent of the Company.

	 	14.	 	In Event of Breach or Dispute. Any claim or dispute between Employee and the Company
(collectively, the “Parties”) arising out of or relating to this Agreement, Employee’s
employment with the Company or the termination of such employment shall, at Employee’s or
Company’s election, be resolved by binding confidential arbitration, to be held in Baltimore,
Maryland, before a three-person arbitration panel in accordance with the Commercial
Arbitration Rules of the American Arbitration Association. Judgment upon the award rendered
by the arbitrators may be entered in any court having jurisdiction thereof.

	 	15.	 	Modifications. This Agreement may not be modified in any way except in a written
agreement signed by both Employee and an authorized representative of the Company.

	 	16.	 	Governing Law. This Agreement shall be governed by, and construed in accordance
with, the laws of the State of Maryland without giving effect to its conflict of law
provisions. The Parties agree to submit to the exclusive jurisdiction of the state and
federal courts situated in Baltimore, Maryland for all disputes arising under or relating to
this Agreement.

	 	17.	 	Entire Agreement. This Agreement constitutes the entire agreement and understanding
between the Company and Employee relating to Employee’s separation from the Company. Employee
acknowledges and agrees that in executing this Agreement, Employee has not relied on any
promises or representations other than those set forth in the Agreement.

	 	18.	 	Expiration of Offer. The offer to Employee created by this Agreement shall expire
and automatically become null and void and of no effect if Employee has not executed and
delivered this Agreement by 5:00 p.m. E.D.T., May 5, 2005.

	 	 	 
	GUILFORD PHARMACEUTICALS, INC.

	 	NANCY J. LINCK (EMPLOYEE)
	 
	 	 
	By/s/ John C. Buergenthal

	 	/s/ Nancy J. Linck
	 

	 	 
	John C. Buergenthal, SPHR

Sr. Director, Human Resources

	 	Signature

	 
	 	 
	April 14, 2005

	 	April 14, 2005
	 

	 	 
	Date

	 	Date

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