SEC Contract Filing

Filing Date: 2015-05-11

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>2
<FILENAME>inin-20150331ex102b76e4f.htm
<DESCRIPTION>EX-10.2
<TEXT>
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 10Q Q1 Exhibit 10.2
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 <a name="_GoBack"></a><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:8pt;">EXHIBIT 10.2</font>
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 <font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">AMENDMENT TO STOCK OPTION AWARD AGREEMENTS </font>
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 <font style="display: inline;font-family:Times New Roman;font-size:10pt;">This Amendment to Stock Option Award Agreements </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">(this &#x201C;Amendment&#x201D;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">), dated as of May 6</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">, 2015, amends the terms and conditions of those certain Nonqualified </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Stock Option Agreements, dated as of January 22, 2010 (the &#x201C;2010 Agreement&#x201D;), January 21, 2011 (the &#x201C;2011 Agreement&#x201D;), January 9, 2012 (the &#x201C;2012 Agreement&#x201D;), January 11, 2013 (the &#x201C;2013 Agreement&#x201D;), and January 13, 2014 (the &#x201C;2014 Agreement&#x201D; and, collectively, the &#x201C;Agreements&#x201D;), by and between Interactive Intelligence Group, Inc., an Indiana corporation and the successor corporation to Interactive Intelligence, Inc. (the &#x201C;Company&#x201D;), and Stephen R. Head, an employee of the Company (&#x201C;Grantee&#x201D;), </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">governing the terms of stock options granted by the Company to Grantee under the Interactive Intelligence Group, Inc. 2006 Equity Incentive Plan, as amended (the &#x201C;2006 Plan&#x201D;). Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the 2006 Plan and the Agreements. </font>
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 <font style="display: inline;font-family:Times New Roman;font-size:10pt;">WHEREAS, the Compensation Committee (the &#x201C;Committee&#x201D;) of the Company&#x2019;s Board of Directors is authorized under Section 3(c)(vi) of the 2006 Plan to amend, without Grantee&#x2019;s consent, the terms of any outstanding award granted under the 2006 Plan in the event of Grantee&#x2019;s termination of service if such amendment does not adversely affect Grantee&#x2019;s rights under the outstanding award and does not otherwise violate any applicable law or provision of the 2006 Plan. </font>
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 <font style="display: inline;font-family:Times New Roman;font-size:10pt;">WHEREAS, </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">the Agreements provide that upon termination by the Company of Grantee&#x2019;s service without Cause, or upon his voluntary termination of service for a reason other than death or Disability, or upon his Retirement, he may exercise his outstanding options to the extent he was entitled to exercise such options at the date of termination, but only within the one month period immediately following the day Grantee ceases to be an employee of the Company, and in no event after the date the options expire in accordance with their terms.</font>
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 <font style="display: inline;font-family:Times New Roman;font-size:10pt;">WHEREAS, on May 6</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">, 2015, in recognition of Mr. Head&#x2019;s service to the Company and as an inducement to Mr. Head to fulfill his commitment to continue to serve in his positions as Chief Financial Officer, Senior Vice President of Finance and Administration, Secretary and Treasurer </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">until at least such date as a suitable replacement to serve as the Company&#x2019;s Chief Financial Officer has been hired by the Company</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">, the Committee approved an amendment to certain of </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">the Agreements (1) to provide for pro rata vesting for the current tranche of each of Mr. Head&#x2019;s outstanding stock option awards, and (2) to extend the post-termination exercise period from one month to the date the options expire in accordance with their terms, each in connection with an &#x201C;Eligible Separation&#x201D; (as defined below).</font>
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