Document:

Amendment to Rights Agreement dated February 11, 2003

 
EXHIBIT 4.02

 
AMENDMENT TO RIGHTS AGREEMENT

 
AMENDMENT, dated as of February 11, 2003
(this “Amendment”), to the Rights Agreement, dated as of September 27, 2002 (the “Rights Agreement”), between VeriSign, Inc., a Delaware corporation (the “Company”), and Mellon
Investor Services LLC, a New Jersey limited liability company, as Rights Agent (the “Rights Agent”). Capitalized terms used but not defined herein shall have the meanings given to such terms in the Rights Agreement.

 
WHEREAS, Section 1(a) of the Rights Agreement
provides that any Person who or which, together with all Affiliates and Associates of such Person, shall be the Beneficial Owner of 15% or more of the Common Shares of the Company then outstanding shall be an “Acquiring Person,” subject to
certain exceptions, for purposes of the Rights Agreement. 
 
WHEREAS, Section 27 of the Rights Agreement provides that (i) prior to the time any Person becomes an Acquiring Person, the Company and Rights Agent may amend the Rights Agreement as the Company deems necessary or desirable,
including to modify or amend the definition of Acquiring Person set forth in Section 1(a) of the Rights Agreement, and (ii) such an amendment will be evidenced by a writing signed by the Company and the Rights Agent; and 
 
WHEREAS, pursuant to Section 27 of the Rights Agreement, the
Board of Directors of the Company has determined that an amendment to the Rights Agreement as set forth herein is necessary and desirable in connection with the foregoing and the Company desires to evidence such amendment in writing. 
 
THEREFORE, in consideration of the foregoing and the mutual
agreements set forth herein, the parties agree as follows: 
 
1.    The Company certifies to Rights Agent that this Amendment (i) complies with Section 27 of the Rights Agreement, and (ii) will not adversely affect the rights, duties, or liabilities of the Rights Agent and
that Rights Agent is entitled to rely upon such certification to determine that this Amendment will not adversely affect the rights, duties, or liabilities of the Rights Agent. 
 
2.    Section 1(a) of the Rights Agreement is hereby amended by replacing the first
sentence of that subsection in its entirety with the following: 
 
(a)    “Acquiring Person” shall mean any Person who or which, together with all Affiliates and Associates of such Person, shall be the Beneficial Owner of 20% (the “Designated
Percentage”) or more of the Common Shares of the Company then outstanding, but shall not include (i) the Company, (ii) any Subsidiary of the Company, (iii) any employee benefit plan of the Company or of any Subsidiary of the Company or
(iv) any entity holding Common Shares for or pursuant to the terms of any such plan. 
 
3.    This Amendment shall be effective immediately. 
 

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4.    This Amendment shall be deemed to be a contract made under the laws of the State of Delaware and for all purposes shall be governed by and construed in accordance with the laws of such State applicable to
contracts to be made and performed entirely within such State; provided however, that all provisions regarding the rights, duties and obligations of the Rights Agent shall be governed by and construed in accordance with the laws of the State of New
York applicable to contracts made and to be performed entirely within such State. If any term of this Amendment is held by a court of competent jurisdiction or other competent authority to be invalid or unenforceable, the remainder of the terms
hereof shall remain in full force and effect, and this Amendment shall be construed in order to give the maximum effect to the remaining terms and intent hereof. The Company’s Subsidiaries, Affiliates and Associates are intended third party
beneficiaries of the terms hereof. This Amendment may be executed in one or more counterparts, all of which shall together constitute one instrument. 
 
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 
 

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IN WITNESS
WHEREOF, the parties have caused this Amendment to be executed by their duly authorized officers as of the date first written above. 
 

	 VERISIGN, INC.

	
	 By:
	 	     /s/    JAMES M.
ULAM

	 Name:
	 	 James M. Ulam

	 Title:
	 	 Secretary

 
 

	 MELLON INVESTOR SERVICES LLC, AS RIGHTS AGENT

	
	 By:
	 	     /s/    SHARON D.
MAGIDSON 

	 Name:
	 	 Sharon D. Magidson 

	 Title:
	 	 Vice President

 
 
 
 
[SIGNATURE PAGE TO AMENDMENT TO RIGHTS AGREEMENT] 
 

3Exhibit 10.44

                           KAIRE HOLDINGS INCORPORATED

                     2003 CONSULTING AND LEGAL SERVICES PLAN

          1.     Purpose of the Plan.     The purpose of the 2003 Consulting and
Legal Services Plan ("Plan") of Kaire Holdings Incorporated, a Delaware
corporation, ("Company") is to provide the Company with a means of compensating
selected key consultants and legal service providers to the Company and its
subsidiaries for their services rendered with shares of Common Stock of the
Company.

          2.     Administration of the Plan.     The Plan shall be administered
by the Company's Board of Directors (the "Board").

               2.1     Award or Sales of shares.  The Company's Board shall (a)
select those consultants legal service providers to whom shares of the Company's
Common Stock shall be awarded or sold, and (b) determine the number of shares to
be awarded or sold; the time or times at which shares shall be awarded or sold;
whether the shares to be awarded or sold will be registered with the Securities
and Exchange Commission; and such conditions, rights of repurchase, rights of
first refusal or other transfer restrictions as the Board may determine.  Each
award or sale of shares under the Plan may or may not be evidenced by a written
agreement between the Company and the persons to whom shares of the Company's
Common Stock are awarded or sold.

               2.2     Consideration for Shares.  Shares of the Company's Common
Stock to be awarded or sold under the Plan shall be issued for services
rendered, having a value not less than par value thereof, as shall be determined
from time to time by the Board in its sole discretion.

               2.3     Board Procedures.  The Board from time to time may adopt
such rules and regulations for carrying out the purposes of the Plan as it may
deem proper and in the best interests of the Company.  The Board shall keep
minutes of its meetings and records of its actions.  A majority of the members
of the Board shall constitute a quorum for the transaction of any business by
the Board.  The Board may act at any time by an affirmative vote of a majority
of those members voting.  Such vote shall be taken at a meeting (which may be
conducted in person or by any telecommunication medium) or by written consent of
Board members without a meeting.

               2.4     Finality of Board Action.  The Board shall resolve all
questions arising under the Plan. Each determination, interpretation, or other
action made or taken by the Board shall be final and conclusive and binding on
all persons, including, without limitation, the Company, its stockholders, the
Board and each of the members of the Board.

               2.5     Non-Liability of Board Members.  No Board member shall be
liable for any action or determination made by him in good faith with respect to
the Plan or any shares of the Company's Common Stock sold or awarded under it.

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               2.6     Board Power to amend, Suspend, or Terminate the Amendment
to the Plan.  The Board may, from time to time, make such changes in or
additions to the Plan as it may deem proper and in the best interests of the
Company and its Stockholders.  The Board may also suspend or terminate the Plan
at any time, without notice, and in its sole discretion.

          3.     Shares Subject to the Plan.  For purposes of the Plan, the
Board of Directors is authorized to sell or award up to 140,000,000 shares
and/or options of the Company's Common Stock. $.001 par value per share ("Common
Stock").

          4.     Participants.     All key consultants and qualified legal
service providers to the Company and any of its subsidiaries (sometimes referred
to herein as ("participants") are eligible to participate in the Plan.  A copy
of this Plan shall be delivered to all participants, together with a copy of any
Board resolutions authorizing the issuance of the shares and establishing the
terms and conditions, if any, relating to the sale or award of such shares.

          5.     Rights and Obligations of Participants.     The award or sale
of shares of Common stock shall be conditioned upon the participant providing to
the Board a written representation that, at the time of such award or sale, it
is the intent of such person(s) to acquire the shares for investment only and
not with a view toward distribution.  The certificate for unregistered shares
issued for investment shall be restricted by the Company as to transfer unless
the Company receives an opinion of counsel satisfactory to the Company to the
effect that such restriction is not necessary under the pertaining law.  The
providing of such representation and such restriction on transfer shall not,
however, be required upon any person's receipt of shares of Common Stock under
the Amendment to the Plan in the event that, at the time of award or sale, the
shares shall be (i) covered by an effective and current registration statement
under the Securities Act of 1933, as amended, and (ii) either qualified or
exempt from qualification under applicable state securities laws.  The Company
shall, however, under no circumstances be required to sell or issue any shares
under the Amendment to the Plan if, in the opinion of the Board, (i) the
issuance of such shares would constitute a violation by the participant or the
Company of any applicable law or regulation of any governmental authority, or
(ii) the consent or approval of any governmental body is necessary or desirable
as a condition of, or in connection with, the issuance of such shares.

          6.     Payment of Shares.

               (a)     The entire purchase price of shares issued under the Plan
shall be payable in lawful money of the United States of America at the time
when such shares are purchased, except as provided in subsection (b) below.

               (b)     At the discretion of the Board, Shares may be issued
under the Plan in consideration of services rendered; provided, however, that
any issuance of shares under the Plan shall be in compliance with Section 152 of
the Delaware General Corporation Law, as amended.

          7.     Adjustments.  If the outstanding Common Stock shall be
hereafter increased or decreased, or changed into or exchanged for a different
number or kind of shares or other securities of the Company or of another
corporation, by reason of a recapitalization,  reclassification, reorganization,
merger, consolidation, share exchange, or other business combination in which
the Company is the surviving parent corporation, stock split-up, combination of
shares, or dividend or other distribution payable in capital stock or rights to

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<PAGE>
acquire capital stock, appropriate adjustment shall be made by the Board in the
number and kind of shares which may be granted under the Amendment to the Plan.

          8.     Tax Withholding.     As a condition to the purchase or award of
shares, the participant shall make such arrangements as the Board may require
for the satisfaction of any federal, state, local or foreign withholding tax
obligations that may arise in connection with such purchase or award.

          9.     Terms of the Plan.

               9.1     Effective Date.  The Plan shall become effective on
January 2, 2003.

               9.2     Termination Date.  The Plan shall terminate at Midnight
on December 31, 2003, and no shares shall be awarded or sold after that time.
The Plan may be suspended or terminated at any earlier time by the Board within
the limitations set forth in Section 2.6.

          10.     Non-Exclusivity of the Plan.  Nothing contained in the Plan is
intended to amend, modify, or rescind any previously approved compensation
plans, programs or options entered into by the Company.  This Plan shall be
construed to be in addition to and independent of any and all such other
arrangements.  The adoption of the Amendment to the Plan by the Board shall not
be construed as creating any limitations on the power of authority of the Board
to adopt, with or without stockholder approval, such additional or other
compensation arrangements as the Board may from time to time deem desirable.

          11.     Governing Law.  The Plan and all rights and obligations under
it shall be construed and enforced in accordance with the laws of the state of
Delaware.

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