Document:

exv10w1

 

EXHIBIT 10.1

AMENDED AND RESTATED

MANAGEMENT EMPLOYMENT AGREEMENT

     This Amended and Restated Management Employment Agreement is entered into between Harlin Dean
(“Manager”) and Alon USA GP, LLC, a Delaware limited liability company (“Employer” or “Company”) on August 9,
2006, who, in return for the mutual promises set forth herein, agree as follows:

     1. Position/Term. (a) The term of the Manager’s employment hereunder shall be deemed to
have commenced as of October 1, 2002, (the “Commencement Date”).

          (b) Throughout the term of this Agreement, Employer shall employ Manager and Manager shall
render services to Employer in the capacity and with the titles of Vice President and General
Counsel, or such other title as may be established by Employer from time to time. In addition,
Manager shall serve as Vice President-Legal, Secretary and General Counsel of Alon USA Energy, Inc.
a Delaware corporation, the indirect parent of the Company. Manager shall devote his full time and
best effort to the successful functioning of the business of Employer and shall faithfully and
industriously perform all duties pertaining to his position, including such additional duties as
may be assigned from time to time, to the best of Manager’s ability, experience and talent.
Manager shall be subject at all times during the term hereof to the direction and control of
Employer in respect of the work to be done.

          (c) Manager’s employment hereunder shall be for an initial term beginning on the Commencement
Date and ending on April 30, 2010. Thereafter, the term shall renew automatically each year for a
term of one year, unless either party provides the other with written notice at least 90 days prior
to the expiration of the term.

     2. Compensation. (a) Manager’s salary (“Base Compensation”) shall be $300,000 per year,
payable bi-weekly (unless the payroll practice of the Company changes to monthly or semi-monthly)
in arrears and subject to change only with the mutual written consent of Employer and Manager. It
is the intent of the Company to develop guidelines for annual merit increases for salaries of all
salaried employees/management, including Manager.

          (b) Manager shall be entitled to participate in the Alon USA Annual Cash Bonus Plan containing
such terms and conditions as shall be determined by the Company’s Board of Managers from time to
time. For purposes of determining the Manager’s Target Bonus Amount under such plan, the Manager
shall participate up to an amount equal to one hundred percent (100%) of base compensation.

          (c) Upon consummation of any merger, acquisition, disposition or financing transaction led by
Manager, Manager shall be entitled to an incentive bonus under the Alon USA Energy, Inc. 2005
Incentive Compensation Plan based on Manager’s personal performance in an amount equal to one-tenth
of one percent of the total consideration paid or received by the Company and its affiliates in
such transaction, including consideration in the

 

 

form of cash, assumed indebtedness or equity; provided that such bonus or bonuses shall not be
less than $50,000 in the aggregate in any fiscal year.

     3. Fringe Benefits; Reimbursement of Expenses. Employer shall make available, or cause to be
made available to Manager, throughout the period of his employment hereunder, such benefits,
including any disability, hospitalization, medical benefits, retiree health benefits, life
insurance, pension plan or other benefits or policy, as may be put into effect from time to time by
Employer generally for other Management members at the level of Manager. The Company expressly
reserves the right to modify such benefits at any time, subject to the provisions of paragraph
10(b) hereof.

     Manager will be reimbursed for all reasonable out-of-pocket business, business entertainment
and travel expenses paid by the Manager, in accordance with and subject to applicable Company
expense incurrence and reimbursement policies

     4. Vacation. The number of vacation days to which Manager shall be entitled each year shall
be based on the years of service of the Manager for Employer as follows — 15 days up to 10 years,
20 days after 10 years, 25 days after 20 years and 30 days after 30 years. Unless otherwise
agreed, vacation may not be carried over into a new calendar year. Vacation time shall be taken
only after providing reasonable notice to the person to whom the Manager reports.

     5. Compliance With Employer Policies. Manager shall comply with and abide by all employment
policies and directives of Employer. Employer may, in its sole discretion, change, modify or adopt
new policies and directives affecting Manager’s employment. In the event of any conflict between
the terms of this Agreement and Employer’s employment policies and directives, the terms of this
Agreement will be controlling.

     6. Restrictive Covenant. (a) In consideration of the confidential information of Employer
provided to Manager and the other benefits provided to Manager pursuant to this Agreement, Manager
agrees that during the term of Manager’s employment with Employer and for a period of one year
following any termination of Manager’s employment, if the Manager terminates employment during the
first two years of Manager’s employment, or nine months, if the Manager terminates employment after
the first two years of employment and before the completion of five years of employment (the
“Non-Compete Period”), Manager will not, without the prior written consent of Employer, directly or
indirectly, either as an individual or as an employee, officer, director, shareholder, partner,
sole proprietor, independent contractor, consultant or in any other capacity conduct any business,
or assist any person in conducting any business, that is in competition with the business of
Employer or its Affiliates (as defined below).

          (b) In addition to any other covenants or agreements to which Manager may be subject, during
the Non-Compete Period, Manager will not, directly or indirectly, either as an individual or as an
employee, officer, director, shareholder, partner, sole proprietor, independent contractor,
consultant or in any other capacity whatsoever approach or solicit any customer or vendor of
Employer for the purpose of causing, directly or

 

 

indirectly, any such customer or vendor to cease doing business with Employer or its
Affiliates.

     For the purposes of this Agreement, the “business of Employer or its Affiliates” means the
business of refining petroleum distillates and the wholesale distribution of such products in the
Territory. The term “Affiliates” means all subsidiaries of Employer and each person or entity that
controls, is controlled by, or is under common control with Employer. The “Territory” means the
states of Texas, New Mexico, Arizona, Arkansas, Louisiana, Oklahoma, California, Washington, Oregon
and Nevada. It is understood and agreed that the scope of each of the covenants contained in this
Section 6 is reasonable as to time, area, and persons and is necessary to protect the legitimate
business interest of Employer. It is further agreed that such covenants will be regarded as
divisible and will be operative as to time, area and persons to the extent that they may be so
operative. The terms of this Section 6 shall not apply to the ownership by Manager of less than 5%
of a class of equity securities of an entity, which securities are publicly traded on the New York
Stock Exchange, the American Stock Exchange, or the National Market System of the National
Association of Securities Dealers Automated Quotation System. The provisions of this Section 6
will survive any termination or expiration of this Agreement.

     7. Confidentiality. (a) Manager recognizes that during the course of employment, Manager
will be exposed to information or ideas of a confidential or proprietary nature which pertain to
Employer’s business, financial, legal, marketing, administrative, personnel, technical or other
functions or which constitute trade secrets (including, but not limited to, specifications,
designs, plans, drawings, software, data, prototypes, the identity of sources and markets,
marketing information and strategies; business and financial plans and strategies, methods of doing
business; data processing and management information and technical systems, programs and practices;
customers and users and their needs, sales history; and financial strength), and such information
of third parties which has been provided to Employer in confidence (“Confidential Information”).
All such information is deemed “confidential” or “proprietary” whether or not it is so marked,
provided that it is maintained as confidential by the Company. Information will not be considered
to be Confidential Information to the extent that it is generally available to the public. Nothing
in this Section 7 will prohibit the use or disclosure by Manager of knowledge that is in general
use in the industry or general business knowledge.

          (b) Manager shall hold Confidential Information in confidence, use it only in connection with
the performance of duties on behalf of Employer, and restrict its disclosure to those directors,
employees or independent contractors of Employer having a need to know.

          (c) Manager shall not disclose, copy or use Confidential Information for the benefit of anyone
other than Employer without Employer’s prior written consent.

          (d) Manager shall, upon Employer’s request or Manager’s termination of employment, return to
Employer any and all written documents containing Confidential Information in Manager’s possession,
custody or control.

 

 

     8. Non-Interference with Employment Relationships. During Manager’s employment with Employer,
and for a period of one (1) year thereafter, Manager shall not, without Employer’s prior written
consent, directly or indirectly: (a) induce or attempt to induce any employee to leave the
Employer’s employ; or (b) interfere with or disrupt the Employer’s relationship with any of its
employees or independent contractors.

     9. Copyright, Inventions, Patents. Employer shall have all right, title and interest to all
features (including, but not limited to, graphic designs, copyrights, trademarks and patents)
created during the course of or resulting from Manager’s employment with Employer. Manager hereby
assigns to Employer all copyright ownership and rights to any work developed by Manager and reduced
to practice for or on behalf of Employer or which relate to Employer’s business during the course
of the employment relationship. At Employer’s expense, Manager shall do all other things
including, but not limited to, the giving of evidence in suits and proceedings, and the furnishing
and/or assigning of all documentation and other materials relative to Employer’s intellectual
property rights, necessary or appropriate for Employer to obtain, maintain, and assert its rights
in such work.

     10. Termination of Employment. (a) Employer may terminate Manager’s employment hereunder
at any time for Cause. For purposes hereof, Cause shall mean: (i) conviction of a felony or a
misdemeanor where imprisonment is imposed for more than 30 days; (ii) commission of any act of
theft, fraud, dishonesty, or falsification of any employment or Employer records; (iii) improper
disclosure of Confidential Information; (iv) any intentional action by the Manager having a
material detrimental effect on the Company’s reputation or business; (v) any material breach of
this Agreement, which breach is not cured within ten (10) business days following receipt by
Manager of written notice of such breach; (vi) unlawful appropriation of a corporate opportunity;
or (vii) intentional misconduct in connection with the performance of any of Manager’s duties,
including, without limitation, misappropriation of funds or property of the Company, securing or
attempting to secure to the detriment of the Company any profit in connection with any transaction
entered into on behalf of the Company, any material misrepresentation to the Company, or any
knowing violation of law or regulations to which the Company is subject. Upon termination of
Manager’s employment with the Company for Cause, the Company shall be under no further obligation
to Manager, except to pay all earned but unpaid Base Compensation and all accrued benefits and
vacation to the date of termination (and to the extent required by law).

          (b) Employer may terminate Manager’s employment hereunder without Cause upon not less than one
hundred eighty (180) days prior written notice, or Manager may terminate his employment hereunder
for Good Reason upon not less than thirty (30) days prior written notice. In the event of any such
termination, Manager shall be entitled to receive his Base Compensation through the termination
date and any annual bonus entitlement, prorated for the number of months of employment for the
fiscal year in question, all accrued benefits and vacation to the date of termination (and to the
extent required by law), plus, during the first two years of Manager’s employment hereunder, an
additional amount of severance payment equal to one year’s Base Compensation as in effect
immediately before any notice of termination, and, after the first two years of Manager’s
employment hereunder, an amount of severance payment equal to nine months’ Base Compensation as in
effect immediately before any notice of termination. “Good Reason”
means (i) without the Manager’s prior written consent, the Employer reduces Manager’s

 

 

Base Compensation or the percentage of Manager’s Base Compensation established as Manager’s maximum
target bonus percentage for purposes of Employer’s annual cash bonus plan, or fails to continue in
effect defined benefit pension plans having vesting and benefit terms substantially similar to
those of the defined benefit plans maintained by the Company for the benefit of Manager prior to
the Commencement Date, unless an equitable arrangement (embodied in an ongoing substitute or
alternative plan providing the Manager with substantially similar benefits) has been made with
respect to such plan; (ii) any material breach of this Agreement, which breach is not cured within
ten (10) business days following receipt by Employer of written notice of such breach; (iii)
Employer requires Manager to be based at an office or location that is more than thirty-five (35)
miles from the location at which Manager was based as of the Commencement Date, other than in
connection with reasonable travel requirements of Employer’s business; (iv) the delivery by
Employer of notice pursuant to Section 1 (c) of this Agreement that it does not wish this Agreement
to automatically renew for any subsequent year; and (v) Manager may submit his resignation at any
time after September 30, 2012, which will be considered to be for Good Reason.

     (c) Manager may terminate the employment relationship hereunder with not less than one hundred
eighty (180) days prior written notice. Upon any such termination of Manager’s employment, other
than for Good Reason, the Company shall be under no further obligation to Manager, except to pay
all earned but unpaid Base Compensation and all accrued benefits and vacation to the date of
termination (and to the extent required by law).

     (d) The provisions of Sections 6, 7, 8 and 9 of this Agreement will continue in effect
notwithstanding any termination of Manager’s employment.

     11. Mediation and Arbitration. (a) Employer and Manager hereby state their mutual desire
for any dispute concerning a legally cognizable claim arising out of this Agreement or in
connection with the employment of Manager by Employer, including, but not limited to, claims of
breach of contract, fraud, unlawful termination, discrimination, harassment, workers’ compensation
retaliation, defamation, tortious infliction of emotional distress, unfair competition, and
conversion (“Legal Dispute”), to be resolved amicably, if possible, and without the need for
litigation.

          (b) Based on this mutual desire, in the event a Legal Dispute arises, the parties shall
utilize the following protocol:

               (i) The parties shall first submit the Legal Dispute to mediation under the auspices of the
American Arbitration Association (“AAA”) and pursuant to the mediation rules and procedures
promulgated by the AAA.

               (ii) In the event mediation is unsuccessful in fully resolving the Legal Dispute, binding
arbitration shall be the method of final resolution of the Legal Dispute. The parties expressly
waive their rights to bring action against one another in a court of law, except as expressly
provided in subsection (d). The parties hereto acknowledge that failure to comply with this
provision shall entitle the non-breaching party not only to damages, but also to injunctive relief
to enjoin the actions of the breaching party. Any Legal
Dispute submitted to Arbitration shall be under the auspices of the AAA and pursuant to the
“National Rules for the Resolution of Employment Disputes,” or any similar identified rules

 

 

promulgated at such time the Legal Dispute is submitted for resolution. All mediation and
arbitration hearings shall take place in Dallas, Texas.

          (c) Notice of submission of any Legal Dispute to mediation shall be provided no later than
three hundred sixty-five (365) calendar days following the date the submitting party became aware
of the conduct constituting the alleged claims. Failure to do so shall result in the irrevocable
waiver of the claim made in the Legal Dispute.

          (d) Notwithstanding that mediation and arbitration are established as the exclusive procedures
for resolution of any Legal Dispute, (i) either party may apply to an appropriate judicial or
administrative forum for injunctive relief and (ii) claims by Employer arising in connection with
paragraphs 6, 7, 8 or 9 may be brought in any court of competent jurisdiction.

          (e) Each party acknowledges that a remedy at law for any breach or attempted breach of
paragraphs 6, 7, 8 or 9 of this Agreement will be inadequate, agrees that Employer will be entitled
to specific performance and injunctive and other equitable relief in case of any breach or
attempted breach, and agrees not to use as a defense that any party has an adequate remedy at law.
This Agreement shall be enforceable in a court of equity, or other tribunal with jurisdiction, by a
decree of specific performance, and appropriate injunctive relief may be applied for and granted in
connection herewith. Such remedy shall not be exclusive and shall be in addition to any other
remedies now or hereafter existing at law or in equity, by statute or otherwise. Except as
provided in subsection (c) no delay or omission in exercising any right or remedy set forth in this
Agreement shall operate as a waiver thereof or of any other right or remedy and no single or
partial exercise thereof shall preclude any other or further exercise thereof or the exercise of
any other right or remedy.

     12. Assignment. This Agreement shall not be assignable by either party except that upon any
sale or transfer of all or substantially all of its business by Employer, Employer may assign this
Agreement to its successor; any failure to make such an assignment will be considered to constitute
the termination of Manager’s employment without cause effective upon the closing of the referenced
transaction.

     13. No Inducement, Agreement Voluntary. Manager represents that (a) he has not been
pressured, misled, or induced to enter into this Agreement based upon any representation by
Employer or its agents not contained herein, (b) he has entered into this Agreement voluntarily,
after having the opportunity to consult with representatives of his own choosing and that (c) his
agreement is freely given.

     14. Interpretation. Any paragraph, phrase or other provision of this Agreement that is
determined by a court, arbitrator or arbitration panel of competent jurisdiction to be unreasonable
or in conflict with any applicable statute or rule, shall be deemed, if possible, to be modified or
altered so that it is not unreasonable or in conflict or, if that is not possible, then it shall be
deemed omitted from this Agreement. The invalidity of any portion of this Agreement shall not
affect the validity of the remaining portions.

     15. Prior Agreements Superseded; Amendments. This Agreement revokes and supersedes all prior
agreements, written and oral, and represents the entire agreement

 

 

between the parties in relation to the employment of the Manager by the Company after the Commencement Date and shall not be
subject to modification or amendment by any oral representation, or any written statement by either
party, except for a dated writing signed by the Manager and the Employer.

     16. Notices. All notices, demands and requests of any kind to be delivered in connection with
this Agreement shall be in writing and shall be deemed to have been duly given if personally
delivered or if sent by nationally-recognized overnight courier or by registered or certified mail,
return receipt requested and postage prepaid, addressed as follows:

	 	 	 
	(a)

	 	if to the Company, to:
	 

	 	Alon USA GP, LLC
	 

	 	7616 LBJ Freeway STE 300
	 

	 	Dallas, TX 75251
	 

	 	Telecopy number: (972) 367-3723
	 
	 	 
	(b)

	 	if to Manager, to the address of Manager set forth on the signature page hereto;

or to such other address as the party to whom notice is to be given may have furnished to the other
in writing in accordance with the provisions of this Section 16. Any such notice or communication
shall be deemed to have been received: (i) in the case of personal delivery, on the date of such
delivery; (ii) in the case of nationally-recognized overnight courier, on the next business day
after the date sent; and (iii) if by registered or certified mail, on the third business day
following the date postmarked.

     17. Applicable Law. This Agreement shall be governed by and construed in accordance with the
laws of the State of Texas without giving effect to principles of conflicts of law.

	 	 	 	 	 	 	 
	MANAGER:	 	EMPLOYER:
	 
	 	 	 	 	 	 
	Harlin Dean	 	ALON USA GP, LLC
	 
	 	 	 	 	 	 
	/s/
Harlin Dean
	 	By:	 	/s/ David Wiessman	 	 
	 

	 	 	 	 	 	 
	 	 	David Wiessman
	 	 	Chairmanexv10w56

 

Exhibit 10.56

BROADVISION, INC.

1996 Equity Incentive Plan

Restricted Stock Bonus Agreement

     Pursuant to the Restricted Stock Bonus Grant Notice (“Grant Notice”) and this Restricted
Stock Bonus Agreement (collectively, the “Award”) and in consideration of your past services,
BroadVision, Inc. (the “Company”) has awarded you a stock bonus under its 1996 Equity Incentive
Plan (the “Plan”) for the number of shares of the Company’s Common Stock subject to the Award as
indicated in the Grant Notice. Defined terms not explicitly defined in this Restricted Stock Bonus
Agreement but defined in the Plan shall have the same definitions as in the Plan.

     The details of your Award are as follows:

     1.      Vesting. Subject to the limitations contained herein, your Award will vest as
provided in the Grant Notice, provided that vesting will cease upon the termination of your
Continuous Service.

     2.      Number of Shares. The number of shares subject to your Award may be adjusted from
time to time for adjustments in the stock subject to the Plan, as provided in Section 11(a) of the
Plan.

     3.      Securities Law Compliance. You may not be issued any shares under your Award
unless the shares are either (a) then registered under the Securities Act or (b) the Company has
determined that such issuance would be exempt from the registration requirements of the Securities
Act. Your Award must also comply with other applicable laws and regulations governing the Award,
and you will not receive such shares if the Company determines that such receipt would not be in
material compliance with such laws and regulations.

     4.      Right of Reacquisition.

               (a)      To the extent provided in the Company’s bylaws, as amended from time to time, the Company
shall have the right to reacquire all or any part of the shares received pursuant to your Award (a
“Reacquisition Right”).

               (b)      To the extent a Reacquisition Right is not provided in the Company’s bylaws, as amended
from time to time, the Company shall have a Reacquisition Right as to the shares you received
pursuant to your Award that have not as yet vested in accordance with the Vesting Schedule on the
Grant Notice (“Unvested Shares”) on the following terms and conditions:

                    (i)      The Company, shall simultaneously with termination of your Continuous Service
automatically reacquire for no consideration all of the Unvested Shares, unless the Company agrees
to waive its Reacquisition Right as to some or all of the Unvested Shares. Any such waiver shall
be exercised by the Company by written notice to you or your

1.

 

representative (with a copy to the Escrow Holder as defined below) within ninety (90) days
after the termination of your Continuous Service, and the Escrow Holder may then release to you the
number of Unvested Shares not being reacquired by the Company. If the Company does not waive its
Reacquisition Right as to all of the Unvested Shares, then upon such termination of your Continuous
Service, the Escrow Holder shall transfer to the Company the number of shares the Company is
reacquiring.

                    (ii)      The Company initially shall have the right to reacquire Unvested Shares for no monetary
consideration (that is, for $0.00); provided, however, that the Company’s right to reacquire
Unvested Shares for no monetary consideration shall lapse at a minimum rate of twenty percent (20%)
of the total number of shares subject to your Award per year over five (5) years from the Date of
Grant.

                    (iii)      If your Award is not fully vested on the date of grant, the shares issued under your
Award shall be held in escrow pursuant to the terms of the Joint Escrow Instructions attached to
the Grant Notice as Attachment IV. You agree to execute two (2) Assignment Separate From
Certificate forms (with date and number of shares blank) substantially in the form attached to the
Grant Notice as Attachment III and deliver the same, along with the certificate or certificates
evidencing the shares, for use by the escrow agent pursuant to the terms of the Joint Escrow
Instructions.

                    (iv)      Subject to the provisions of your Award, you shall, during the term of your Award,
exercise all rights and privileges of a stockholder of the Company with respect to the shares
deposited in escrow. You shall be deemed to be the holder of the shares for purposes of receiving
any dividends which may be paid with respect to such shares and for purposes of exercising any
voting rights relating to such shares, even if some or all of such shares have not yet vested and
been released from the Company’s Reacquisition Right.

                    (v)      If, from time to time, there is any stock dividend, stock split or other change in the
character or amount of any of the outstanding stock of the corporation the stock of which is
subject to the provisions of your Award, then in such event any and all new, substituted or
additional securities to which you is entitled by reason of your ownership of the shares acquired
under your Award shall be immediately subject to the Reacquisition Right with the same force and
effect as the shares subject to this Reacquisition Right immediately before such event.

     5.      Restrictive Legends. The shares issued under your Award shall be endorsed with
appropriate legends determined by the Company.

     6.      Award not a Service Contract. Your Award is not an employment or service
contract, and nothing in your Award shall be deemed to create in any way whatsoever any obligation
on your part to continue in the employ of the Company or an Affiliate, or on the part of the
Company or an Affiliate to continue your employment. In addition, nothing in your Award shall
obligate the Company or an Affiliate, their respective stockholders, boards of directors, Officers
or Employees to continue any relationship that you might have as a Director or Consultant for the
Company or an Affiliate.

2.

 

     7.      Withholding Obligations.

          (a)      At the time your Award is made, or at any time thereafter as requested by the Company, you
hereby authorize withholding from payroll and any other amounts payable to you, and otherwise agree
to make adequate provision for any sums required to satisfy the federal, state, local and foreign
tax withholding obligations of the Company or an Affiliate, if any, which arise in connection with
your Award.

          (b)      Unless the tax withholding obligations of the Company and/or any Affiliate are satisfied,
the Company shall have no obligation to issue a certificate for such shares or release such shares
from any escrow provided for herein.

     8.      Tax Consequences. The acquisition and vesting of the shares may have adverse tax
consequences to you that may avoided or mitigated by filing an election under Section 83(b) of the
Internal Revenue Code, as amended (the “Code”). Such election must be filed within thirty (30)
days after the date of your Award. YOU ACKNOWLEDGE THAT IT IS YOUR OWN RESPONSIBILITY, AND NOT THE
COMPANY’S, TO FILE A TIMELY ELECTION UNDER CODE SECTION 83(B), EVEN IF YOU REQUEST THE COMPANY TO
MAKE THE FILING ON YOUR BEHALF.

     9.      Notices. Any notices provided for in your Award or the Plan shall be given in
writing and shall be deemed effectively given upon receipt or, in the case of notices delivered by
the Company to you, five (5) days after deposit in the United States mail, postage prepaid,
addressed to you at the last address you provided to the Company.

     10.      Miscellaneous.

          (a)      The rights and obligations of the Company under your Award shall be transferable to any
one or more persons or entities, and all covenants and agreements hereunder shall inure to the
benefit of, and be enforceable by the Company’s successors and assigns. Your rights and obligations
under your Award may only be assigned with the prior written consent of the Company.

          (b)      You agree upon request to execute any further documents or instruments necessary or
desirable in the sole determination of the Company to carry out the purposes or intent of your
Award.

          (c)      You acknowledge and agree that you have reviewed your Award in its entirety, have had an
opportunity to obtain the advice of counsel prior to executing and accepting your Award and fully
understand all provisions of your Award.

     11.      Governing Plan Document. Your Award is subject to all the provisions of the
Plan, the provisions of which are hereby made a part of your Award, and is further subject to all
interpretations, amendments, rules and regulations which may from time to time be promulgated and
adopted pursuant to the Plan. In the event of any conflict between the provisions of your Award
and those of the Plan, the provisions of the Plan shall control.

3.

 

Joint Escrow Instructions

____________ __, 200_

Corporate Secretary

BroadVision, Inc.

585 Broadway

Redwood City, CA 94063

Dear Sir/Madam:

     As Escrow Agent for both BroadVision, Inc., a Delaware corporation (the “Company”), and the
undersigned recipient of stock of the Company (“Recipient”), you are hereby authorized and directed
to hold the documents delivered to you pursuant to the terms of that certain Restricted Stock Bonus
Grant Notice (the “Grant Notice”), dated ___, 200___to which a copy of these Joint Escrow
Instructions is attached as Attachment IV, and pursuant to the terms of that certain Restricted
Stock Bonus Agreement (“Agreement”), which is Attachment I to the Grant Notice, in accordance with
the following instructions:

     1.      In the event Recipient ceases to render services to the Company or an affiliate of the
Company during the vesting period set forth in the Grant Notice, the Company or its assignee will
give to Recipient and you a written notice specifying that the shares of stock shall be transferred
to the Company. Recipient and the Company hereby irrevocably authorize and direct you to close the
transaction contemplated by such notice in accordance with the terms of said notice.

     2.      At the closing you are directed (a) to date any stock assignments necessary for the
transfer in question, (b) to fill in the number of shares being transferred, and (c) to deliver
same, together with the certificate evidencing the shares of stock to be transferred, to the
Company.

     3.      Recipient irrevocably authorizes the Company to deposit with you any certificates
evidencing shares of stock to be held by you hereunder and any additions and substitutions to said
shares as specified in the Grant Notice. Recipient does hereby irrevocably constitute and appoint
you as Recipient’s attorney-in-fact and agent for the term of this escrow to execute with respect
to such securities and other property all documents of assignment and/or transfer and all stock
certificates necessary or appropriate to make all securities negotiable and complete any
transaction herein contemplated.

     4.      This escrow shall terminate upon vesting of the shares or upon the earlier return of the
shares to the Company.

     5.      If at the time of termination of this escrow you should have in your possession any
documents, securities, or other property belonging to Recipient, you shall deliver all of same to
any pledgee entitled thereto or, if none, to Recipient and shall be discharged of all further
obligations hereunder.

1.

 

     6.      Your duties hereunder may be altered, amended, modified or revoked only by a writing signed
by all of the parties hereto.

     7.      You shall be obligated only for the performance of such duties as are specifically set
forth herein and may rely and shall be protected in relying or refraining from acting on any
instrument reasonably believed by you to be genuine and to have been signed or presented by the
proper party or parties or their assignees. You shall not be personally liable for any act you may
do or omit to do hereunder as Escrow Agent or as attorney-in-fact for Recipient while acting in
good faith and any act done or omitted by you pursuant to the advice of your own attorneys shall be
conclusive evidence of such good faith.

     8.      You are hereby expressly authorized to disregard any and all warnings given by any of the
parties hereto or by any other person or corporation, excepting only orders or process of courts of
law, and are hereby expressly authorized to comply with and obey orders, judgments or decrees of
any court. In case you obey or comply with any such order, judgment or decree of any court, you
shall not be liable to any of the parties hereto or to any other person, firm or corporation by
reason of such compliance, notwithstanding any such order, judgment or decree being subsequently
reversed, modified, annulled, set aside, vacated or found to have been entered without
jurisdiction.

     9.      You shall not be liable in any respect on account of the identity, authority or rights of
the parties executing or delivering or purporting to execute or deliver the Grant Notice or any
documents or papers deposited or called for hereunder.

     10.      You shall not be liable for the outlawing of any rights under any statute of limitations
with respect to these Joint Escrow Instructions or any documents deposited with you.

     11.      You shall be entitled to employ such legal counsel, including but not limited to Cooley
Godward LLP, and other experts as you may deem necessary properly to advise you in connection with
your obligations hereunder, may rely upon the advice of such counsel, and may pay such counsel
reasonable compensation therefor.

     12.      Your responsibilities as Escrow Agent hereunder shall terminate if you shall cease to be
Secretary of the Company or if you shall resign by written notice to each party. In the event of
any such termination, the Company may appoint any officer or assistant officer of the Company as
successor Escrow Agent and Recipient hereby confirms the appointment of such successor or
successors as his attorney-in-fact and agent to the full extent of your appointment.

     13.      If you reasonably require other or further instruments in connection with these Joint
Escrow Instructions or obligations in respect hereto, the necessary parties hereto shall join in
furnishing such instruments.

     14.      It is understood and agreed that should any dispute arise with respect to the delivery
and/or ownership or right of possession of the securities, you may (but are not obligated to)
retain in your possession without liability to anyone all or any part of said securities until such
dispute shall have been settled either by mutual written agreement of the parties concerned or by a
final order, decree or judgment of a court of competent jurisdiction after the time for

2.

 

appeal has expired and no appeal has been perfected, but you shall be under no duty whatsoever
to institute or defend any such proceedings.

     15.      Any notice required or permitted hereunder shall be given in writing and shall be deemed
effectively given upon personal delivery or upon deposit in any United States Post Box, by
registered or certified mail with postage and fees prepaid, addressed to each of the other parties
hereunto entitled at the following addresses, or at such other addresses as a party may designate
by ten (10) days’ written notice to each of the other parties hereto:

	 	 	 	 	 
	Company:

	 	BroadVision, Inc.
	 	 
	 

	 	585 Broadway	 	 
	 

	 	Redwood City, CA 94063	 	 
	 

	 	Attn: Chief Financial Officer	 	 
	 
	 	 	 	 
	Recipient:
	 	 	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	Escrow Agent:

	 	BroadVision, Inc.	 	 
	 

	 	585 Broadway	 	 
	 

	 	Redwood City, CA 94063	 	 
	 

	 	Attn: Corporate Secretary	 	 

     16.      By signing these Joint Escrow Instructions you become a party hereto only for the purpose
of said Joint Escrow Instructions; you do not become a party to the Grant Notice.

[Remainder of page intentionally left blank]

3.

 

     17.      This instrument shall be binding upon and inure to the benefit of the parties hereto, and
their respective successors and permitted assigns. It is understood and agreed that references to
“you” or “your” herein refer to the original Escrow Agent and to any and all successor Escrow
Agents. It is understood and agreed that the Company may at any time or from time to time assign
its rights under the Grant Notice and these Joint Escrow Instructions in whole or in part.

	 	 	 	 	 
	 	Very truly yours,

BroadVision, Inc.

 	 
	 	By:  	 	 
	 	 	 	 
	 
	 	Recipient 	 
	 
	 
	 	 	 
	 
	 	Name: 	 	 
	 	 	 
	 	 	 
	 	 	 
	 
	 
	Escrow Agent:
	 
	 
	 

4.

 

Assignment Separate From Certificate

     For Value Received and pursuant to that certain Restricted Stock Bonus Grant
Notice and Restricted Stock Bonus Agreement (the “Award”),
________________________ hereby sells, assigns and transfers unto
BroadVision, Inc., a Delaware corporation (“Assignee”) __________________(___) shares
of the common stock of the Assignee, standing in the undersigned’s name on the books of said
corporation represented by Certificate No. ___herewith and do hereby irrevocably constitute and
appoint __________________as attorney-in-fact to transfer the said stock on the books of the
within named Company with full power of substitution in the premises. This Assignment may be used
only in accordance with and subject to the terms and conditions of the Award, in connection with
the reacquisition of shares of Common Stock of the Corporation issued to the undersigned pursuant
to the Award, and only to the extent that such shares remain subject to the Corporation’s
Reacquisition Right under the Award.

	 	 	 	 	 	 
	Dated:	 
	 	 	 
	 	 	 
	 	 	Signature:	 
	 	 	 
	 	 	 
	 	 	 
	 

[Instruction: Please do not fill in any blanks other than the signature line. The
purpose of this Assignment is to enable the Company to exercise its Reacquisition Right set forth
in the Award without requiring additional signatures on your part.]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00108-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00108-of-00352.parquet"}]]