{"id":38982,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/employment-agreement-bio-technology-general-corp-and-robert-m2.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"employment-agreement-bio-technology-general-corp-and-robert-m2","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/compensation\/employment-agreement-bio-technology-general-corp-and-robert-m2.html","title":{"rendered":"Employment Agreement – Bio-Technology General Corp. and Robert M. Shaw"},"content":{"rendered":"
BIO\u0096TECHNOLOGY GENERAL CORP.<\/font><\/b><\/p>\n\n\n\n\n
 <\/font><\/p>\n\n\n\n
Employment\n\nAgreement<\/font><\/b><\/p>\n\n\n\n
for<\/font><\/b><\/p>\n\n\n\n
Robert\n\nM. Shaw<\/font><\/b><\/p>\n\n\n\n
Senior\n\nVice President, General Counsel & Secretary<\/font><\/b><\/p>\n\n\n\n
 <\/font><\/p>\n\n\n\n\n\n
\n\n\n\n
\n\n\n\n<\/font><\/div>\n\n\n\n\n\n
\n\n<\/font>\n\n\n\n
 <\/p>\n\n\n\n
Contents<\/font><\/b><\/p>\n\n\n\n
 <\/font><\/p>\n\n\n\n<\/pre>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n
Article 1. Term of<\/p>\n
  Employment<\/a><\/font><\/p>\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
\n
Article<\/p>\n
  2. Definitions<\/a><\/font><\/p>\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
\n
Article 3.<\/p>\n
  Position and Responsibilities<\/a><\/font><\/p>\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
\n
Article 4. Standard of Care<\/a><\/font><\/p>\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
\n
Article<\/p>\n
  5. Compensation<\/a><\/font><\/p>\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
\n
Article<\/p>\n
  6. Expenses<\/a><\/font><\/p>\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
\n
Article 7. Employment<\/p>\n
  Terminations<\/a><\/font><\/p>\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
\n
Article 8. Change in<\/p>\n
  Control<\/a><\/font><\/p>\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
\n
Article<\/p>\n
  9. Assignment<\/a><\/font><\/p>\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
\n
Article 10. Legal<\/p>\n
  Fees and Notice<\/a><\/font><\/p>\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
\n
Article 11.<\/p>\n
  Confidentiality and Noncompetition<\/a><\/font><\/p>\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
\n
Article 12. Outplacement<\/p>\n
  Assistance<\/a><\/font><\/p>\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
\n
Article 13. Miscellaneous<\/a><\/font><\/p>\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
\n
Article<\/p>\n
  14. Governing Law<\/a><\/font><\/p>\n<\/td>\n<\/tr>\n<\/table>\n
 <\/font><\/p>\n
 <\/font><\/p>\n
<\/p>\n
\n
<\/font><\/div>\n
<\/p>\n

<\/p>\n
<\/font><\/p>\n
\n
Employment Agreement<\/font><\/b><\/p>\n
 <\/font><\/p>\n
This Agreement is made, entered into, and is effective<\/p>\n
as of the Effective Date, by and between the Company and the Executive.<\/font><\/p>\n
 <\/font><\/p>\n
Article 1. Term of Employment<\/font><\/b><\/a><\/p>\n
 <\/font><\/p>\n
1.1<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>The Company hereby agrees to employ the<\/p>\n
Executive and the Executive hereby agrees to serve the Company in accordance<\/p>\n
with the terms and conditions set forth herein, for a period of three (3)<\/p>\n
years, commencing as of the Effective Date.<\/font><\/p>\n
 <\/font><\/p>\n
1.2<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Commencing on the third (3rd<\/sup>)<\/p>\n
anniversary of the Effective Date, and each anniversary thereafter, the term of<\/p>\n
this Agreement shall automatically be extended for one (1) additional year,<\/p>\n
unless at least ninety (90) days prior to such anniversary, the Company or the<\/p>\n
Executive shall have given notice in accordance with Section 10.2 hereof that<\/p>\n
it or he does not wish to extend the term of the Agreement.<\/font><\/p>\n
 <\/font><\/p>\n
Article 2. Definitions<\/font><\/b><\/a><\/p>\n
 <\/font><\/p>\n
2.1<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>\u0093Agreement\u0094<\/font><\/b> means this Employment Agreement.<\/font><\/p>\n
 <\/font><\/p>\n
2.2<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>\u0093Annual Bonus\u0094<\/font><\/b> means the annual bonus to be paid to the Executive in<\/p>\n
accordance with the Company\u0092s annual bonus program as described in Section 5.3<\/p>\n
herein.<\/font><\/p>\n
 <\/font><\/p>\n
2.3<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>\u0093Base Salary\u0094<\/font><\/b> means the salary of record paid to the Executive as<\/p>\n
annual salary, pursuant to Section 5.2, excluding amounts received under<\/p>\n
incentive or other bonus plans, whether or not deferred.<\/font><\/p>\n
 <\/font><\/p>\n
2.4<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>\u0093Beneficial Owner\u0094<\/font><\/b> shall have the meaning ascribed to such term<\/p>\n
in Rule 13d-3 of the General Rules and Regulations under the Securities<\/p>\n
Exchange Act.<\/font><\/p>\n
 <\/font><\/p>\n
2.5<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>\u0093Beneficiary<\/font><\/b>\u0094 means the persons or entities designated or deemed<\/p>\n
designated by the Executive pursuant to Section 13.6 herein.<\/font><\/p>\n
 <\/font><\/p>\n
2.6<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>\u0093Board\u0094 <\/font><\/b>or \u0093Board of Directors\u0094<\/font><\/b> means the Board of Directors<\/p>\n
of the Company.<\/font><\/p>\n
 <\/font><\/p>\n
2.7<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>\u0093Cause\u0094 <\/font><\/b>means:<\/font><\/p>\n
 <\/font><\/p>\n
(a)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Executive materially breached any of the terms of this<\/p>\n
Agreement and failed to correct such breach within fifteen (15) days after<\/p>\n
written notice thereof from the Company;<\/font><\/p>\n
 <\/font><\/p>\n
1<\/font><\/p>\n
<\/p>\n
\n
<\/font><\/div>\n
<\/p>\n

<\/p>\n
<\/font><\/p>\n
\n
(b)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Executive has been convicted of a criminal offense<\/p>\n
involving a felony giving rise to a sentence of imprisonment;<\/font><\/p>\n
 <\/font><\/p>\n
(c)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Executive has breached a fiduciary trust for the<\/p>\n
purpose of gaining a personal profit, including, without limitation,<\/p>\n
embezzlement; or<\/font><\/p>\n
 <\/font><\/p>\n
(d)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Despite adequate warnings, Executive intentionally and<\/p>\n
willfully failed to perform reasonably assigned duties within the normal and<\/p>\n
customary scope of the Position.<\/font><\/p>\n
 <\/font><\/p>\n
2.8<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>\u0093Change in Control\u0094 or \u0093CIC\u0094<\/font><\/b> of the Company shall be deemed to have occurred as of<\/p>\n
the first day that any one or more of the following conditions is satisfied:<\/font><\/p>\n
 <\/font><\/p>\n
(a)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Any consolidation<\/p>\n
or merger in which the Company is not the continuing or surviving entity or<\/p>\n
pursuant to which shares of the Common Stock would be converted into cash,<\/p>\n
securities, or other property, other than (i) a merger of the Company in which<\/p>\n
the holders of the Common Stock immediately prior to the merger have the same<\/p>\n
proportionate ownership of common stock of the surviving corporation<\/p>\n
immediately after the merger, or (ii) a consolidation or merger which would<\/p>\n
result in the voting securities of the Company outstanding immediately prior<\/p>\n
thereto continuing to represent (by being converted into voting securities of<\/p>\n
the continuing or surviving entity) more than 50% of the combined voting power<\/p>\n
of the voting securities of the continuing or surviving entity immediately<\/p>\n
after such consolidation<\/font><\/p>\n
or merger and which would result in the<\/p>\n
members of the Board immediately prior to such consolidation or merger (including<\/p>\n
for this purpose any individuals whose election or nomination for election was<\/p>\n
approved by a vote of at least two-thirds of such members) constituting a<\/p>\n
majority of the Board (or equivalent governing body) of the continuing or<\/p>\n
surviving entity immediately after such consolidation or merger;<\/font><\/p>\n
 <\/font><\/p>\n
(b)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Any sale, lease, exchange, or other<\/p>\n
transfer (in one transaction or a series of related transactions) of all or<\/p>\n
substantially all the Company\u0092s assets;<\/font><\/p>\n
 <\/font><\/p>\n
(c)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>The Company\u0092s stockholders approve any<\/p>\n
plan or proposal for the liquidation or dissolution of the Company;<\/font><\/p>\n
 <\/font><\/p>\n
(d)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Any Person shall become the Beneficial<\/p>\n
Owner of forty (40) percent or more of the Common Stock other than pursuant to<\/p>\n
a plan or arrangement entered into by such Person and the Company; or<\/font><\/p>\n
 <\/font><\/p>\n
(e)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>During any period of two consecutive<\/p>\n
years, individuals who at the beginning of such period constitute the entire<\/p>\n
Board of Directors shall cease for any reason to constitute a majority of the<\/p>\n
Board unless the election or nomination for election by the Company\u0092s<\/p>\n
stockholders of each new director was approved by a vote of at lest two-thirds<\/p>\n
of the directors then still in office who were directors at the beginning of<\/p>\n
the period.<\/font><\/p>\n
 <\/font><\/p>\n
2.9<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>\u0093CIC Severance Benefits\u0094 <\/font><\/b>means the payment of severance compensation associated<\/p>\n
with a Qualifying Termination occurring subsequent to a Change in Control, as<\/p>\n
described in Section 8.3.<\/font><\/p>\n
 <\/font><\/p>\n
2<\/font><\/p>\n
<\/p>\n
\n
<\/font><\/div>\n
<\/p>\n

<\/p>\n
<\/font><\/p>\n
\n
 <\/font><\/p>\n
2.10<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u0093Code\u0094 <\/font><\/b>means the United States Internal Revenue Code of 1986,<\/p>\n
as amended.<\/font><\/p>\n
 <\/font><\/p>\n
2.11<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u0093Common Stock\u0094<\/font><\/b> means the common stock of the Company,<\/p>\n
$.01 par value.<\/font><\/p>\n
 <\/font><\/p>\n
2.12<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>\u0093Compensation Committee\u0094<\/font><\/b> means the Compensation and Stock Option Committee of<\/p>\n
the Board, or any other committee appointed by the Board to perform the<\/p>\n
functions of such committee.<\/font><\/p>\n
 <\/font><\/p>\n
2.13<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>\u0093Company\u0094<\/font><\/b> means Bio-Technology General Corp., a Delaware<\/p>\n
corporation, or any Successor Company thereto as provided in Section<\/font><\/b> 9.1<\/p>\n
herein.<\/font><\/p>\n
 <\/font><\/p>\n
2.14<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u0093Director\u0094<\/font><\/b> means any individual who is a member of<\/p>\n
the Board of Directors of the Company.<\/font><\/p>\n
 <\/font><\/p>\n
2.15<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>\u0093Disability\u0094<\/font><\/b> or \u0093Disabled\u0094<\/font><\/b> means for all purposes of this<\/p>\n
Agreement, the meaning ascribed to such term in the Company\u0092s long-term<\/p>\n
disability plan, or in any successor to such plan.<\/font><\/p>\n
 <\/font><\/p>\n
2.16<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u0093Effective Date\u0094<\/font><\/b> means January 1, 2002.<\/font><\/p>\n
 <\/font><\/p>\n
2.17<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u0093Effective Date of Termination\u0094 <\/font><\/b>means the date on which a termination of<\/p>\n
the Executive\u0092s employment occurs.<\/font><\/p>\n
 <\/font><\/p>\n
2.18<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u0093Employment Date\u0094 <\/font><\/b>means April 1, 1998.<\/font><\/p>\n
 <\/font><\/p>\n
2.19<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u0093Executive\u0094 <\/font><\/b>means Robert M. Shaw who, as of the<\/p>\n
Effective Date, resides at 55 Waters Edge, Sparta, New Jersey 07871.<\/font><\/p>\n
 <\/font><\/p>\n
2.20<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>\u0093Good Reason\u0094 <\/font><\/b>shall mean, without the Executive\u0092s express written<\/p>\n
consent, the occurrence of any one or more of the following:<\/font><\/p>\n
 <\/font><\/p>\n
(a)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Reducing the Executive\u0092s Base Salary;<\/font><\/p>\n
 <\/font><\/p>\n
(b)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Failing to maintain Executive\u0092s amount of benefits<\/p>\n
under or relative level of participation in the Company\u0092s employee benefit or<\/p>\n
retirement plans, policies, practices, or arrangements in which the Executive<\/p>\n
participates as of the Effective Date of this Agreement, including any<\/p>\n
perquisite program; provided, however, that any such change that applies consistently<\/p>\n
to all executive officers of the Company or is required by applicable law shall<\/p>\n
not be deemed to constitute Good Reason;<\/font><\/p>\n
 <\/font><\/p>\n
(c)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Failing to require any Successor Company to assume and<\/p>\n
agree to perform the Company\u0092s obligations hereunder;<\/font><\/p>\n
 <\/font><\/p>\n
(d)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>The occurrence of any one or more of the following<\/p>\n
events on or after the announcement of the transaction which leads to the CIC<\/p>\n
and up to twenty\u0096four (24) calendar months following the effective date<\/p>\n
of a CIC:<\/font><\/p>\n
 <\/font><\/p>\n
3<\/font><\/p>\n
<\/p>\n
\n
<\/font><\/div>\n
<\/p>\n

<\/p>\n
<\/font><\/p>\n
\n
(1)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Requiring Executive to be based at a location that<\/p>\n
requires the Executive to travel at least an additional thirty-five (35) miles<\/p>\n
per day;<\/font><\/p>\n
 <\/font><\/p>\n
(2)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Requiring Executive to report to a position which is<\/p>\n
at a lower level than the highest level to which Executive reported within the<\/p>\n
six (6) months prior to the CIC;<\/font><\/p>\n
 <\/font><\/p>\n
(3)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Demoting Executive to a level lower than Executive\u0092s<\/p>\n
level in the Company as of the Effective Date.<\/font><\/p>\n
 <\/font><\/p>\n
2.21<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>\u0093Notice of Termination\u0094 <\/font><\/b>means a written notice  <\/font><\/b>which shall indicate the<\/p>\n
specific termination provision in this Agreement relied upon, and shall set<\/p>\n
forth in reasonable detail the facts and circumstances claimed to provide a<\/p>\n
basis for termination of the Executive\u0092s<\/font><\/b> employment under the provisions<\/p>\n
so indicated, and, where applicable, shall specifically include notice pursuant<\/p>\n
to Section 1.2 that Company has elected not to renew this Agreement.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
2.22<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>\u0093Person\u0094 <\/font><\/b>shall have the meaning ascribed to such term in<\/p>\n
Section 3(a)(9) of the Securities Exchange Act and used in<\/p>\n
Sections 13(d) and 14(d) thereof, including a \u0093group\u0094 as defined in<\/p>\n
Section 13(d) thereof.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
2.23<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u0093Position\u0094<\/font><\/b> shall have the meaning ascribed to it in<\/p>\n
Section 3.1.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
2.24<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>\u0093Qualifying Termination\u0094<\/font><\/b> means any of the events described in Section 8.2<\/p>\n
herein, the occurrence of which triggers the payment of CIC Severance Benefits<\/p>\n
hereunder.<\/font><\/p>\n
 <\/font><\/p>\n
2.25<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u0093Securities Exchange Act\u0094 <\/font><\/b>means the United States Securities<\/p>\n
Exchange Act of 1934, as amended.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
2.26<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u0093Service Multiple\u0094 <\/font><\/b>shall have the meaning ascribed to it in<\/p>\n
Section 7.4(c).<\/font><\/p>\n
 <\/font><\/b><\/p>\n
2.27<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>\u0093Severance Benefits\u0094 <\/font><\/b>means the payment of severance compensation as<\/p>\n
provided in Sections 7.4 and 7.6 herein, and not payable due to a Change<\/p>\n
in Control of the Company.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
2.28<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u0093Successor Company\u0094 <\/font><\/b>shall have the meaning ascribed to it in<\/p>\n
Section 9.1.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
2.29<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u0093Term\u0094 <\/font><\/b>shall mean that period of time commencing on the<\/p>\n
Effective Date and ending on the Effective Date of Termination.<\/font><\/p>\n
 <\/font><\/p>\n
3. Position and Responsibilities<\/font><\/b><\/a><\/p>\n
 <\/font><\/p>\n
3.1<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>During the term of this Agreement, the<\/p>\n
Executive agrees to serve as Senior Vice President, General Counsel and Secretary<\/p>\n
of the Company or in such other position which Executive shall agree to accept<\/p>\n
or to which Executive shall be promoted during the Term and Executive shall<\/p>\n
report directly to the Chief Executive Officer or such other position which is<\/p>\n
at a higher <\/font><\/p>\n
 <\/font><\/p>\n
4<\/font><\/p>\n
<\/p>\n
\n
<\/font><\/div>\n
<\/p>\n

<\/p>\n
<\/font><\/p>\n
\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>position or level in the Company than<\/p>\n
Executive and as shall be determined by the Chief Executive Officer in his sole<\/p>\n
discretion, and shall maintain the level of duties and responsibilities as in<\/p>\n
effect as of the Effective Date, or such higher level of duties and<\/p>\n
responsibilities as Executive may be assigned during the Term (the \u0093Position\u0094).<\/font><\/p>\n
 <\/font><\/p>\n
Article 4. Standard of Care<\/font><\/b><\/a><\/p>\n
 <\/font><\/p>\n
4.1<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>During the term of this Agreement, the<\/p>\n
Executive agrees to devote substantially his full time, attention, and energies<\/p>\n
to the Company\u0092s business and shall not be engaged in any other business<\/p>\n
activity, whether or not such business activity is pursued for gain, profit, or<\/p>\n
other pecuniary advantage unless such business activity is approved by the<\/p>\n
Compensation Committee (or, in the event the Compensation Committee ceases to<\/p>\n
exist, the Board).\u00a0 However, subject to<\/p>\n
Article 11 herein and approval by the Compensation Committee (or the Board, as<\/p>\n
the case may be), the Executive may serve as a director of other companies so<\/p>\n
long as such service is not injurious to the Company.<\/font><\/p>\n
 <\/font><\/p>\n
Article 5. Compensation<\/font><\/b><\/a><\/p>\n
 <\/font><\/p>\n
5.1<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>As remuneration for all services to be<\/p>\n
rendered by the Executive during the term of this Agreement, and as<\/p>\n
consideration for complying with the covenants herein, the Company shall pay<\/p>\n
and provide to the Executive those items set forth in Sections 5.2 through 5.8.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
5.2<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Base Salary<\/font><\/b>.  <\/font><\/b>The Company shall pay the Executive a Base<\/p>\n
Salary in an amount which shall be established from time to time by the Board<\/p>\n
of Directors of the Company or the Board\u0092s designee; provided, however, that<\/p>\n
such Base Salary shall not be less than TWO-HUNDRED-NINETY-THOUSAND DOLLARS<\/p>\n
(US$290,000) per year.<\/font><\/p>\n
 <\/font><\/p>\n
(a)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>This Base Salary shall be paid to the Executive in<\/p>\n
equal installments throughout the year, consistent with the normal payroll<\/p>\n
practices of the Company.<\/font><\/p>\n
 <\/font><\/p>\n
(b)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>The Base Salary shall be reviewed at least annually<\/p>\n
following the Effective Date of this Agreement, while this Agreement is in<\/p>\n
force, to ascertain whether, in the judgment of the Board or the Board\u0092s<\/p>\n
designee, such Base Salary should be increased based primarily on the<\/p>\n
performance of the Executive during the year. If so increased, the Base Salary<\/p>\n
as stated above shall, likewise, be increased for all purposes of this Agreement<\/p>\n
and shall not, in any event, be decreased in any year.<\/font><\/p>\n
 <\/font><\/p>\n
5.3<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Annual Bonus<\/font><\/b>.  <\/font><\/b>In addition to his Base Salary, the<\/p>\n
Executive shall be entitled to participate in the Company\u0092s annual short-term incentive program, as such program<\/p>\n
may exist from time to time, at a level commensurate with the Position.\u00a0 The percentage of Base Salary targeted as<\/p>\n
annual short-term incentive compensation shall be established for the Position<\/p>\n
by the Company\u0092s Compensation Committee in its sole discretion (the \u0093targeted<\/p>\n
Annual Bonus<\/font><\/p>\n
 <\/font><\/p>\n
5<\/font><\/p>\n
<\/p>\n
\n
<\/font><\/div>\n
<\/p>\n

<\/p>\n
<\/font><\/p>\n
\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>award\u0094). Executive acknowledges that the<\/p>\n
amount of annual short-term incentive, if any, to be awarded shall be at the<\/p>\n
sole discretion of the Company\u0092s Compensation Committee, may be less or more<\/p>\n
than the targeted Annual bonus award, and will be based on a number of factors<\/p>\n
set in advance by the Compensation Committee for each calendar year, including<\/p>\n
the Company\u0092s performance and the Executive\u0092s individual performance. Nothing<\/p>\n
in this Section 5.3 shall be construed as obligating the Company or the Board<\/p>\n
to refrain from changing, and\/or amending the short-term incentive program, so<\/p>\n
long as such changes are equally applicable to all executive employees in the<\/p>\n
Company.<\/font><\/p>\n
 <\/font><\/p>\n
5.4<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Long-Term Incentives<\/font><\/b>.  <\/font><\/b>The Executive shall be eligible to<\/p>\n
participate in the Company\u0092s long-term incentive plan, as such shall be amended<\/p>\n
or superseded from time to time provided, however, that nothing in this Section<\/p>\n
5.4 shall be construed as obligating the Company or the Board to refrain from<\/p>\n
changing, and\/or amending the long-term incentive plan, so long as such changes<\/p>\n
are equally applicable to all executive employees in the Company.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
5.5<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Retirement Benefits<\/font><\/b>.  <\/font><\/b>The Company shall provide to the Executive<\/p>\n
participation in any Company qualified defined benefit and defined contribution<\/p>\n
retirement plans as may be established during the term of this Agreement;<\/p>\n
provided, however, that nothing in this Section 5.5 shall be construed as<\/p>\n
obligating the Company to refrain from changing, and\/or amending the<\/p>\n
nonqualified retirement programs, so long as such changes are equally<\/p>\n
applicable to all executive employees in the Company.<\/font><\/p>\n
 <\/font><\/p>\n
5.6<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Employee Benefits<\/font><\/b>.  <\/font><\/b>During the Term, and as otherwise provided<\/p>\n
within the provisions of each of the respective plans, the Company shall<\/p>\n
provide to the Executive all benefits to which other executives and employees<\/p>\n
of the Company are entitled to receive, as commensurate with the Position,<\/p>\n
subject to the eligibility requirements and other provisions of such<\/p>\n
arrangements as applicable to executives of the Company generally.<\/font><\/p>\n
 <\/font><\/p>\n
(a)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Such benefits shall include, but shall not be limited<\/p>\n
to, group term life insurance, comprehensive health and major medical<\/p>\n
insurance, dental and life insurance, and short-term and long-term<\/p>\n
disability.<\/font><\/p>\n
 <\/font><\/p>\n
(b)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>The Executive shall likewise participate in any<\/p>\n
additional benefit as may be established during the term of this Agreement, by<\/p>\n
standard written policy of the Company.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
5.7<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Vacation.<\/font><\/b>\u00a0 The Executive<\/p>\n
shall be entitled to such paid vacation as is customary for the Position in<\/p>\n
corporate institutions of similar size and character, but in any event not less<\/p>\n
than twenty (20) paid vacation days during each calendar year; provided,<\/p>\n
however, that without prior written approval, Executive may carry forward into<\/p>\n
the next year no more than ten (10) unused vacation days from the current year.<\/font><\/p>\n
 <\/font><\/p>\n
5.8<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Perquisites<\/font><\/b>.  <\/font><\/b>The Company shall provide to the<\/p>\n
Executive, at the Company\u0092s expense, all<\/p>\n
perquisites which the Board may determine from time to time to provide; provided,<\/p>\n
however, that nothing in this Section 5.8 shall be construed as obligating the<\/p>\n
Company or the Board to refrain from changing, and\/or amending the perquisite<\/p>\n
program, so long as such changes are equally applicable to all executive<\/p>\n
employees in the Company.<\/font><\/p>\n
 <\/font><\/p>\n
6<\/font><\/p>\n
<\/p>\n
\n
<\/font><\/div>\n
<\/p>\n

<\/p>\n
<\/font><\/p>\n
\n
5.9<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Right to Change Plans<\/font><\/b>. The Company shall not be obligated to institute,<\/p>\n
maintain, or refrain from changing, amending, or discontinuing any benefit<\/p>\n
plan, program, or perquisite, so long as such changes are equally applicable to<\/p>\n
all executive employees in the Company.<\/font><\/p>\n
 <\/font><\/p>\n
 <\/font><\/p>\n
6.1<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Upon presentation of appropriate<\/p>\n
documentation, the Company shall pay, or reimburse the Executive for all<\/p>\n
ordinary and necessary expenses, in a reasonable amount, which the Executive<\/p>\n
incurs in performing his duties under this Agreement including, but not limited<\/p>\n
to, travel, entertainment, professional dues and subscriptions, and all dues,<\/p>\n
fees, and expenses associated with membership in various professional,<\/p>\n
business, and civic associations and societies.<\/font><\/p>\n
 <\/font><\/p>\n
Article<\/p>\n
7. Employment Terminations<\/font><\/b><\/a><\/p>\n
 <\/font><\/p>\n
7.1<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Termination Due to Death<\/font><\/b>.  <\/font><\/b>In the event the Executive\u0092s employment is<\/p>\n
terminated while this Agreement is in force by reason of death, the Company\u0092s<\/p>\n
obligations under this Agreement shall immediately expire. Notwithstanding the<\/p>\n
foregoing, the Company shall be obligated to pay to the Executive the<\/p>\n
following:<\/font><\/p>\n
 <\/font><\/p>\n
(a)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Base Salary through the Effective Date of Termination;<\/font><\/p>\n
 <\/font><\/p>\n
(b)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>An amount equal to the Executive\u0092s unpaid targeted<\/p>\n
Annual Bonus award, established for the fiscal year in which such<\/p>\n
termination is effective, multiplied by a fraction, the numerator of which is<\/p>\n
the number of completed days in the then-existing fiscal year through the<\/p>\n
Effective Date of Termination, and the denominator of which is three hundred<\/p>\n
sixty-five (365);<\/font><\/p>\n
 <\/font><\/p>\n
(c)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>All outstanding long-term incentive awards shall be<\/p>\n
subject to the treatment provided under the applicable long-term incentive plan<\/p>\n
of the Company;<\/font><\/p>\n
 <\/font><\/p>\n
(d)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Accrued but unused vacation pay through the Effective<\/p>\n
Date of Termination; and<\/font><\/p>\n
 <\/font><\/p>\n
(e)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>All other rights and benefits the Executive is vested<\/p>\n
in, pursuant to other plans and programs of the Company.<\/font><\/p>\n
 <\/font><\/p>\n
(f)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>The benefits described in Sections 7.1(a) and (d)<\/p>\n
shall be paid in cash to the Executive in a single lump sum as soon as<\/p>\n
practicable following the Effective Date of Termination, but in no event beyond<\/p>\n
thirty (30) days from such date. All other payments due to the Executive upon<\/p>\n
termination of employment, including those in Sections 7.1(b) and (c), shall be<\/p>\n
paid in accordance with the terms of such applicable plans or programs.<\/font><\/p>\n
 <\/font><\/p>\n
7<\/font><\/p>\n
<\/p>\n
\n
<\/font><\/div>\n
<\/p>\n

<\/p>\n
<\/font><\/p>\n
\n
(g)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>With the exception of the covenants contained in<\/p>\n
Articles 9 and 14 and Sections 7.1(f), 13.3, 13.5, and 13.7 herein (which<\/p>\n
shall survive such termination), the Company and the Executive thereafter shall<\/p>\n
have no further obligations under this Agreement.<\/font><\/p>\n
 <\/font><\/p>\n
7.2<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Termination Due to Disability.<\/font><\/b>\u00a0 In the event<\/p>\n
that the Executive becomes Disabled during the term of this Agreement and is,<\/p>\n
therefore, unable to perform his duties herein for more than one hundred<\/p>\n
eighty (180) total calendar days during any period of twelve (12) consecutive<\/p>\n
months, or in the event of the Board\u0092s reasonable expectation that the<\/p>\n
Executive\u0092s Disability will exist for more than a period of one hundred eighty<\/p>\n
(180) calendar days, the Company shall have the right to terminate the<\/p>\n
Executive\u0092s active employment as provided in this Agreement.<\/font><\/p>\n
 <\/font><\/p>\n
(a)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>The Board shall deliver written notice to the<\/p>\n
Executive of the Company\u0092s intent to terminate for Disability at least thirty<\/p>\n
(30) calendar days prior to the Effective Date of Termination.<\/font><\/p>\n
 <\/font><\/p>\n
(b)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Such Disability to be determined by the Board of<\/p>\n
Directors of the Company upon receipt of and in reliance on competent medical<\/p>\n
advice from one (1) or more individuals, selected by the Board, who are<\/p>\n
qualified to give such professional medical advice.<\/font><\/p>\n
 <\/font><\/p>\n
(c)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>A termination for Disability shall become effective<\/p>\n
upon the end of the thirty (30) day notice period. Upon the Effective Date of<\/p>\n
Termination, the Company\u0092s obligations under this Agreement shall immediately<\/p>\n
expire.<\/font><\/p>\n
 <\/font><\/p>\n
(d)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Notwithstanding the foregoing, the Company shall be<\/p>\n
obligated to pay to the Executive the following:<\/font><\/p>\n
 <\/font><\/p>\n
(1)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Base Salary through the Effective Date of Termination;<\/font><\/p>\n
 <\/font><\/p>\n
(2)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>An amount equal to the Executive\u0092s unpaid targeted<\/p>\n
Annual Bonus award, established for the fiscal year in which the Effective<\/p>\n
Date of Termination occurs, multiplied by a fraction, the numerator of which is<\/p>\n
the number of completed days in the then-existing fiscal year through the<\/p>\n
Effective Date of Termination, and the denominator of which is three hundred<\/p>\n
sixty-five (365);<\/font><\/p>\n
 <\/font><\/p>\n
(3)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>All outstanding long-term incentive awards shall be<\/p>\n
subject to the treatment provided under the applicable long-term incentive plan<\/p>\n
of the Company;<\/font><\/p>\n
 <\/font><\/p>\n
(4)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Accrued but unused vacation pay through the Effective<\/p>\n
Date of Termination; and<\/font><\/p>\n
 <\/font><\/p>\n
(5)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>All other rights and benefits the Executive is vested<\/p>\n
in, pursuant to other plans and programs of the Company.<\/font><\/p>\n
 <\/font><\/p>\n
(e)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>The benefits described in Sections 7.2(d)(1) and (d)(4)<\/p>\n
shall be paid in cash to the Executive in a single lump sum as soon as<\/p>\n
practicable following the Effective Date of Termination, but in no event beyond<\/p>\n
thirty (30) days from such date. All other payments due to the Executive upon<\/p>\n
termination of employment, including those in Sections <\/font><\/p>\n
 <\/font><\/p>\n
8<\/font><\/p>\n
<\/p>\n
\n
<\/font><\/div>\n
<\/p>\n

<\/p>\n
<\/font><\/p>\n
\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>7.2(d)(2) and (d)(3), shall be paid in<\/p>\n
accordance with the terms of such applicable plans or program.<\/font><\/p>\n
 <\/font><\/p>\n
(f)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>With the exception of the covenants contained in<\/p>\n
Articles 8, 9, 11, and 14 and Sections 7.2(e), 13.3, 13.5, and 13.7 herein<\/p>\n
(which shall survive such termination), the Company and the Executive<\/p>\n
thereafter shall have no further obligations under this Agreement.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
7.3<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Voluntary Termination by the Executive<\/font><\/b>. The Executive may terminate this<\/p>\n
Agreement at any time by giving Notice of Termination to the Board of Directors<\/p>\n
of the Company, delivered at least fourteen (14) calendar days prior to the<\/p>\n
Effective Date of Termination.<\/font><\/p>\n
 <\/font><\/p>\n
(a)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>The termination automatically shall become effective<\/p>\n
upon the expiration of the fourteen (14) day notice period. Notwithstanding the<\/p>\n
foregoing, the Company may waive the fourteen (14) day notice period; however,<\/p>\n
the Executive shall be entitled to receive all elements of compensation<\/p>\n
described in Sections 5.1 through 5.6 for the fourteen (14) day notice<\/p>\n
period, subject to the eligibility and participation requirements of any<\/p>\n
qualified retirement plan.<\/font><\/p>\n
 <\/font><\/p>\n
(b)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Upon the Effective Date of Termination, following the<\/p>\n
expiration of the fourteen (14) day notice period, the Company shall pay the<\/p>\n
Executive his full Base Salary and accrued but unused vacation pay, at the rate<\/p>\n
then in effect, through the Effective Date of Termination, plus all other<\/p>\n
benefits to which the Executive has a vested right at that time (for this<\/p>\n
purpose, the Executive shall not be paid any Annual Bonus with respect to the<\/p>\n
fiscal year in which voluntary termination under this Section occurs).<\/font><\/p>\n
 <\/font><\/p>\n
(c)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>With the exception of the covenants contained in<\/p>\n
Articles 8, 9, 11, and 14 and Sections 13.3, 13.5, and 13.7 herein (which shall<\/p>\n
survive such termination), the Company and the Executive thereafter shall have<\/p>\n
no further obligations under this Agreement.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
7.4<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Involuntary Termination by the Company without Cause<\/font><\/b>. At all times during the Term, the Board<\/p>\n
may terminate the Executive\u0092s employment for reasons other than death,<\/p>\n
Disability, or for Cause, by providing to the Executive a Notice of<\/p>\n
Termination, at least sixty (60) calendar days (ninety (90) calendar days when<\/p>\n
termination is due to non-renewal of this Agreement by the Company pursuant to<\/p>\n
Section 1.2) prior to the Effective Date of Termination; provided, however,<\/p>\n
that such notice shall not preclude the Company from requiring Executive to<\/p>\n
leave the Company immediately upon receipt of such notice.<\/font><\/p>\n
 <\/font><\/p>\n
(a)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Such Notice of Termination shall be irrevocable absent<\/p>\n
express, mutual consent of the parties.<\/font><\/p>\n
 <\/font><\/p>\n
(b)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Upon the Effective Date of Termination (not a<\/p>\n
Qualifying Termination), following the expiration of the sixty (60) day notice<\/p>\n
period (90 days in the case of non-renewal), the Company shall pay and provide<\/p>\n
to the Executive:<\/font><\/p>\n
 <\/font><\/p>\n
(1)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>An amount equal to the Service Multiple times the<\/p>\n
Executive\u0092s annual Base Salary established for the fiscal year in which the<\/p>\n
Effective Date of Termination occurs;<\/font><\/p>\n
 <\/font><\/p>\n
9<\/font><\/p>\n
<\/p>\n
\n
<\/font><\/div>\n
<\/p>\n

<\/p>\n
<\/font><\/p>\n
\n
(2)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>An amount equal to the Service Multiple times the<\/p>\n
Executive\u0092s targeted Annual Bonus award established for the fiscal year in<\/p>\n
which the Effective Date of Termination occurs; provided, however, that no<\/p>\n
payment shall be made under this Section 7.4(b)(2) if the Effective Date of<\/p>\n
Termination is less than twelve (12) months after the Employment Date;<\/font><\/p>\n
 <\/font><\/p>\n
(3)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>A continuation of the welfare benefits of health care,<\/p>\n
life and accidental death and dismemberment, and disability insurance coverage<\/p>\n
(or if continuation under the Company\u0092s then current plans is not allowed, then<\/p>\n
provision at the Company\u0092s expense but subject to payment by Executive of those<\/p>\n
payments which Executive would have been obligated to make under the Company\u0092s<\/p>\n
then current plan, of substantially similar welfare benefits from one or more<\/p>\n
third party providers) after the Effective Date of Termination for a number of<\/p>\n
months equal to the Service Multiple times twelve (12). These benefits shall be<\/p>\n
provided to the Executive at the same coverage level as in effect as of the<\/p>\n
Effective Date of Termination, and at the same premium cost to the Executive<\/p>\n
which was paid by the Executive at the time such benefits were provided.<\/p>\n
However, in the event the premium cost and\/or level of coverage shall change<\/p>\n
for all employees of the Company, or for management employees with respect to<\/p>\n
supplemental benefits, the cost and\/or coverage level, likewise, shall change<\/p>\n
for the Executive in a corresponding manner. The continuation of these welfare<\/p>\n
benefits shall be discontinued if prior to the expiration of the period, the<\/p>\n
Executive has available substantially similar benefits at a comparable cost to<\/p>\n
the Executive from a subsequent employer, as determined by the Compensation<\/p>\n
Committee (or, in the event the Compensation Committee ceases to exist, the<\/p>\n
Board);<\/font><\/p>\n
 <\/font><\/p>\n
(4)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>All outstanding long-term incentive awards shall be<\/p>\n
subject to the treatment provided under the applicable long-term incentive plan<\/p>\n
of the Company;<\/font><\/p>\n
 <\/font><\/p>\n
(5)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>An amount equal to the Executive\u0092s unpaid Base Salary<\/p>\n
and accrued but unused vacation pay through the Effective Date of Termination;<\/p>\n
and<\/font><\/p>\n
 <\/font><\/p>\n
(6)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>All other benefits to which the Executive has a vested<\/p>\n
right at the time, according to the provisions of the governing plan or<\/p>\n
program.<\/font><\/p>\n
 <\/font><\/p>\n
(c)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>For purposes of this Section 7.4, the term \u0093Service<\/p>\n
Multiple\u0094 shall be equal to the quotient resulting from a formula the numerator<\/p>\n
of which is the lesser of (a) full number of completed months that have elapsed<\/p>\n
since the Employment Date (but not less than 6 months) and (b) eighteen (18)<\/p>\n
and the denominator of which is twelve (12);<\/font><\/p>\n
 <\/font><\/p>\n
(d)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>In the event that the Board terminates the Executive\u0092s<\/p>\n
employment without Cause on or after the date of the announcement of the<\/p>\n
transaction which leads to a CIC, the Executive shall be entitled to the CIC<\/p>\n
Severance Benefits as provided in Section 8.3 in lieu of the Severance<\/p>\n
Benefits outlined in this Section 7.4.<\/font><\/p>\n
 <\/font><\/p>\n
(e)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Payment of all of the benefits described in Section<\/p>\n
7.4(b)(1) shall be paid in cash to the Executive in equal bi-weekly<\/p>\n
installments over a period of consecutive months equal to <\/font><\/p>\n
 <\/font><\/p>\n
10<\/font><\/p>\n
<\/p>\n
\n
<\/font><\/div>\n
<\/p>\n

<\/p>\n
<\/font><\/p>\n
\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>the Service Multiple times twelve (12)<\/p>\n
and beginning on the fifteenth day of the month following the month in which<\/p>\n
the Effective Date of Termination occurs.<\/font><\/p>\n
 <\/font><\/p>\n
(f)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Payment of all but forty thousand dollars ($40,000) of<\/p>\n
the benefits described in Section 7.4(b)(2) shall be paid in cash to the<\/p>\n
Executive in a single lump sum as soon as practicable following the Effective<\/p>\n
Date of Termination, but in no event beyond thirty (30) days from such<\/p>\n
date.\u00a0 The forty thousand dollars<\/p>\n
($40,000) which was withheld shall be paid in cash to the Executive in a single<\/p>\n
lump sum at the end of the twelve (12) month restrictive period set forth in<\/p>\n
Sections 11.2 and 11.3 of this Agreement.<\/font><\/p>\n
 <\/font><\/p>\n
(g)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Except as specifically provided in Section 7.4(e) and<\/p>\n
(f), all other payments due to the Executive upon termination of employment<\/p>\n
shall be paid in accordance with the terms of such applicable plans or<\/p>\n
programs.<\/font><\/p>\n
 <\/font><\/p>\n
(h)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>With the exception of the covenants contained in<\/p>\n
Articles 8, 9, 10, 11, 12 and 14 and Sections 7.4, 13.3, 13.5, and 13.7 (which<\/p>\n
shall survive such termination), the Company and the Executive thereafter shall<\/p>\n
have no further obligations under this Agreement.<\/font><\/p>\n
 <\/font><\/p>\n
(i)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Notwithstanding anything herein to the contrary, the<\/p>\n
Company\u0092s payment obligations under this Section 7.4 shall be offset by any<\/p>\n
amounts that the Company is required to pay to the Executive under a national<\/p>\n
statutory severance program applicable to such Executive.<\/font><\/p>\n
 <\/font><\/p>\n
7.5<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Termination for Cause<\/font><\/b>. Nothing in this Agreement shall be construed to<\/p>\n
prevent the Board from terminating the Executive\u0092s employment under this<\/p>\n
Agreement for Cause.<\/font><\/p>\n
 <\/font><\/p>\n
(a)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>To be effective, the Notice of Termination must set<\/p>\n
forth in reasonable detail the facts and circumstances claimed to provide a<\/p>\n
basis for such termination for Cause.<\/font><\/p>\n
 <\/font><\/p>\n
(b)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>In the event this Agreement is terminated by the Board<\/p>\n
for Cause, the Company shall pay the Executive his Base Salary and accrued<\/p>\n
vacation pay through the Effective Date of Termination, and the Executive shall<\/p>\n
immediately thereafter forfeit all rights and benefits (other than vested<\/p>\n
benefits) he would otherwise have been entitled to receive under this<\/p>\n
Agreement. The Company and the Executive thereafter shall have no further<\/p>\n
obligations under this Agreement with the exception of the covenants contained<\/p>\n
in Articles 9, 10, 11, and 14 and Sections 13.3, 13.5, and 13.9 herein (which<\/p>\n
shall survive such termination).<\/font><\/p>\n
 <\/font><\/b><\/p>\n
7.6<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Termination for Good Reason<\/font><\/b>.  <\/font><\/b>Except where Section 2.20(d) is<\/p>\n
applicable, this Section 7.6 shall only become effective when at least twelve<\/p>\n
(12) months have elapsed since the Employment Date.\u00a0\u00a0 Prior to this Section 7.6 becoming effective, any notice of<\/p>\n
termination by Executive may only be given pursuant to Section 7.3.\u00a0 The Executive shall have sixty (60) days<\/p>\n
from the date he learns of action taken by the Company that allows the<\/p>\n
Executive to terminate his employment for Good Reason to provide the Board with<\/p>\n
a Notice of Termination.<\/font><\/p>\n
 <\/font><\/p>\n
(a)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>The Notice of Termination must set forth in reasonable<\/p>\n
detail the facts and circumstances claimed to provide a basis for such Good<\/p>\n
Reason termination.<\/font><\/p>\n
 <\/font><\/p>\n
11<\/font><\/p>\n
<\/p>\n
\n
<\/font><\/div>\n
<\/p>\n

<\/p>\n
<\/font><\/p>\n
\n
(b)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>The Company shall have thirty (30) days to cure such<\/p>\n
Company action following receipt of the Notice of Termination.<\/font><\/p>\n
 <\/font><\/p>\n
(c)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>The Executive is required to continue his employment<\/p>\n
for the sixty (60) day period following the date in which he provided the<\/p>\n
Notice of Termination to the Board. The Company may waive the sixty (60) day<\/p>\n
notice period; however, the Executive shall be entitled to receive all elements<\/p>\n
of compensation described in Sections 5.1 through 5.6 for the sixty (60) day<\/p>\n
notice period, subject to the eligibility and participation requirements of any<\/p>\n
qualified retirement plan.<\/font><\/p>\n
 <\/font><\/p>\n
(d)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Upon a termination of the Executive\u0092s employment for<\/p>\n
Good Reason during the Term, and following the expiration of the sixty (60) day<\/p>\n
notice period, the Company shall pay and provide to the Executive the<\/p>\n
following:<\/font><\/p>\n
 <\/font><\/p>\n
(1)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>An amount equal to one-and-one-half (1.5) times the<\/p>\n
Executive\u0092s annual Base Salary established for the fiscal year in which the<\/p>\n
Effective Date of Termination occurs;<\/font><\/p>\n
 <\/font><\/p>\n
(2)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>An amount equal to one-and-one-half (1.5) times the<\/p>\n
Executive\u0092s targeted Annual Bonus award established for the fiscal year in<\/p>\n
which the Effective Date of Termination occurs;<\/font><\/p>\n
 <\/font><\/p>\n
(3)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>A continuation of the welfare benefits of health care,<\/p>\n
life and accidental death and dismemberment, and disability insurance coverage<\/p>\n
for one-and-one-half (1.5) years after the Effective Date of Termination (or if<\/p>\n
continuation under the Company\u0092s then current plans is not allowed, then<\/p>\n
provision at the Company\u0092s expense but subject to payment by Executive of those<\/p>\n
payments which Executive would have been obligated to make under the Company\u0092s<\/p>\n
then current plan, of substantially similar welfare benefits from one or more<\/p>\n
third party providers). These benefits shall be provided to the Executive at<\/p>\n
the same coverage level, as in effect as of the Effective Date of Termination<\/p>\n
and at the same premium cost to the Executive which was paid by the Executive<\/p>\n
at the time such benefits were provided. However, in the event the premium cost<\/p>\n
and\/or level of coverage shall change for all employees of the Company, or for<\/p>\n
management employees with respect to supplemental benefits, the cost and\/or<\/p>\n
coverage level, likewise, shall change for the Executive in a corresponding<\/p>\n
manner. The continuation of these welfare benefits shall be discontinued prior<\/p>\n
to the end of the one-and-one-half (1.5) year period in the event the Executive<\/p>\n
has available substantially similar benefits at a comparable cost to the<\/p>\n
Executive from a subsequent employer, as determined by the Compensation<\/p>\n
Committee (or, in the event the Compensation Committee ceases to exist, the<\/p>\n
Board);<\/font><\/p>\n
 <\/font><\/p>\n
(4)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>All outstanding long-term incentive awards shall be<\/p>\n
subject to the treatment provided under the applicable long-term incentive plan<\/p>\n
of the Company;<\/font><\/p>\n
 <\/font><\/p>\n
(5)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>An amount equal to the Executive\u0092s unpaid Base Salary<\/p>\n
and accrued but unused vacation pay through the Effective Date of Termination;<\/p>\n
and<\/font><\/p>\n
 <\/font><\/p>\n
(6)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>All other benefits to which the Executive has a vested<\/p>\n
right at the time, according to the provisions of the governing plan or<\/p>\n
program.<\/font><\/p>\n
 <\/font><\/p>\n
12<\/font><\/p>\n
<\/p>\n
\n
<\/font><\/div>\n
<\/p>\n

<\/p>\n
<\/font><\/p>\n
\n
(e)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>In the event of termination of Executive\u0092s employment<\/p>\n
for Good Reason on or after the date of the announcement of the transaction<\/p>\n
which leads to the CIC and up to twenty-four (24) months following the date of<\/p>\n
the CIC, the Executive shall be entitled to the CIC Severance Benefits as<\/p>\n
provided in Section 8.3 in lieu of the Severance Benefits outlined in this<\/p>\n
Section 7.6.<\/font><\/p>\n
 <\/font><\/p>\n
(f)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>The Executive\u0092s right to terminate employment for Good<\/p>\n
Reason shall not be affected by the Executive\u0092s incapacity due to physical or<\/p>\n
mental illness unless such incapacity is determined to constitute a Disability<\/p>\n
as provided herein.<\/font><\/p>\n
 <\/font><\/p>\n
(g)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Payment of all but forty thousand dollars ($40,000) of<\/p>\n
the benefits described in Section 7.6(d)(1) and payment of all of the<\/p>\n
benefits described in Section 7.6(d)(2) shall be paid in cash to the Executive<\/p>\n
in a single lump sum as soon as practicable following the Effective Date of<\/p>\n
Termination, but in no event beyond thirty (30) days from such date. The forty<\/p>\n
thousand dollars ($40,000) which was withheld shall be paid in cash to the Executive<\/p>\n
in a single lump sum at the end of the twelve (12) month restrictive<\/p>\n
period set forth in Sections 11.2 and 11.3 of this Agreement.<\/font><\/p>\n
 <\/font><\/p>\n
(h)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Except as specifically provided in Section 7.6(g), all<\/p>\n
other payments due to the Executive upon termination of employment shall be<\/p>\n
paid in accordance with the terms of such applicable plans or programs.<\/font><\/p>\n
 <\/font><\/p>\n
(i)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Notwithstanding anything herein to the contrary, the<\/p>\n
Company\u0092s payment obligations under this Section 7.6 shall be offset by any<\/p>\n
amounts that the Company is required to pay to the Executive under a national<\/p>\n
statutory severance program applicable to such Executive.<\/font><\/p>\n
 <\/font><\/p>\n
(j)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>With the exceptions of the covenants contained in<\/p>\n
Articles 8, 9, 10, 11, 12 and 14 and Sections 7.6, 13.3, 13.5, and 13.7 (which<\/p>\n
shall survive such termination) herein, the Company and the Executive<\/p>\n
thereafter shall have no further obligations under this Agreement.<\/font><\/p>\n
 <\/font><\/p>\n
Article 8. Change in Control<\/font><\/b><\/a><\/p>\n
 <\/font><\/p>\n
8.1<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Employment Termination Following a Change in Control<\/font><\/b>.  <\/font><\/b>The Executive shall be entitled to receive<\/p>\n
from the Company CIC Severance Benefits if a Notice of Termination for a<\/p>\n
Qualifying Termination of the Executive has been delivered; provided, that:<\/font><\/p>\n
 <\/font><\/p>\n
(a)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>The Executive shall not be entitled to receive CIC<\/p>\n
Severance Benefits if he is terminated for Cause (as provided in Section 7.5<\/p>\n
herein), or if his employment with the Company ends due to death, or<\/p>\n
Disability, or due to voluntary termination of employment by the Executive<\/p>\n
without Good Reason.<\/font><\/p>\n
 <\/font><\/p>\n
(b)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>CIC Severance Benefits shall be paid in lieu of all<\/p>\n
other benefits provided to the Executive under the terms of this Agreement.<\/font><\/p>\n
 <\/font><\/p>\n
13<\/font><\/p>\n
<\/p>\n
\n
<\/font><\/div>\n
<\/p>\n

<\/p>\n
<\/font><\/p>\n
\n
8.2<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Qualifying Termination<\/font><\/b>.  <\/font><\/b>The occurrence of any one or more of the<\/p>\n
following events on or after the date of the announcement of the transaction<\/p>\n
which leads to the CIC and up to twenty-four (24) months following the date of<\/p>\n
the CIC shall trigger the payment of CIC Severance Benefits to the Executive<\/p>\n
under this Agreement:<\/font><\/p>\n
 <\/font><\/p>\n
(a)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>An involuntary termination of the Executive\u0092s<\/p>\n
employment by the Company for reasons other than Cause, death, or Disability,<\/p>\n
as evidenced by a Notice of Termination delivered by the Company to<\/p>\n
the Executive;<\/font><\/p>\n
 <\/font><\/p>\n
(b)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>A voluntary termination by the Executive for Good<\/p>\n
Reason as evidenced by a Notice of Termination delivered to the Company by the<\/p>\n
Executive;<\/font><\/p>\n
 <\/font><\/p>\n
(c)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Failure to renew this Agreement (if the Agreement<\/p>\n
would expire unless renewed within such period), as evidenced by a Notice of<\/p>\n
Termination delivered by the Company to the Executive; or<\/font><\/p>\n
 <\/font><\/p>\n
(d)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>The Company or any Successor Company materially<\/p>\n
breaches any material provision of this Agreement and does not cure such breach<\/p>\n
within thirty (30) days of receiving a written notice from the Executive with<\/p>\n
such notice explaining in reasonable detail the facts and circumstances claimed<\/p>\n
to provide a basis for the Executive\u0092s claim.<\/font><\/p>\n
 <\/font><\/p>\n
8.3<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Severance Benefits Paid upon a Qualifying Termination<\/font><\/b>.  <\/font><\/b>In the event the Executive becomes<\/p>\n
entitled to receive CIC Severance Benefits,<\/p>\n
the Company shall pay to the Executive and provide him the following:<\/font><\/p>\n
 <\/font><\/p>\n
(a)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>An amount equal to two (2)  <\/font><\/b>times<\/p>\n
the Executive\u0092s annual Base Salary established for the fiscal year in which the<\/p>\n
Effective Date of Termination occurs;<\/font><\/p>\n
 <\/font><\/p>\n
(b)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>An amount equal to two (2)  <\/font><\/b>times<\/p>\n
the Executive\u0092s targeted Annual Bonus award established for the fiscal year in<\/p>\n
which the Executive\u0092s Effective Date of Termination occurs;<\/font><\/p>\n
 <\/font><\/p>\n
(c)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>An amount equal to the Executive\u0092s unpaid<\/p>\n
Base Salary and accrued but unused vacation pay through the Effective Date of<\/p>\n
Termination;<\/font><\/p>\n
 <\/font><\/p>\n
(d)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>All outstanding long-term incentive awards<\/p>\n
shall be subject to the treatment provided under the applicable long-term<\/p>\n
incentive plan of the Company;<\/font><\/p>\n
 <\/font><\/p>\n
(e)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>A continuation of the welfare benefits of<\/p>\n
health care, life and accidental death and dismemberment, and disability<\/p>\n
insurance coverage for two (2)  <\/font><\/b>full years after the Effective Date of<\/p>\n
Termination (or if continuation under the Company\u0092s then current plans is not<\/p>\n
allowed, then provision at the Company\u0092s expense but subject to payment by<\/p>\n
Executive of those payments which Executive would have been obligated to make<\/p>\n
under the Company\u0092s then current plan, of substantially similar welfare<\/p>\n
benefits from one or more third party providers).<\/font><\/p>\n
 <\/font><\/p>\n
14<\/font><\/p>\n
<\/p>\n
\n
<\/font><\/div>\n
<\/p>\n

<\/p>\n
<\/font><\/p>\n
\n
(1)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>These benefits shall be provided to the<\/p>\n
Executive at the same coverage level, as in effect as of the Effective Date of<\/p>\n
Termination or, if greater, as in effect sixty (60) days prior to the date of<\/p>\n
the Change in Control, and at the same premium cost to the Executive which was<\/p>\n
paid by the Executive at the time such benefits were provided.<\/font><\/p>\n
 <\/font><\/p>\n
(2)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>In the event the premium cost and\/or<\/p>\n
level of coverage shall change for all employees of the Company, or for<\/p>\n
management employees with respect to supplemental benefits, the cost and\/or<\/p>\n
coverage level, likewise, shall change for the Executive in a corresponding<\/p>\n
manner.<\/font><\/p>\n
 <\/font><\/p>\n
(3)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>The continuation of these welfare<\/p>\n
benefits shall be discontinued prior to the end of the  <\/font><\/b>two year period in the event<\/p>\n
the Executive has available substantially similar benefits at a comparable cost<\/p>\n
to the Executive from a subsequent employer, as determined by the Compensation<\/p>\n
Committee (or, in the event the Compensation Committee ceases to exist, the<\/p>\n
Board).<\/font><\/p>\n
 <\/font><\/b><\/p>\n
8.4<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Form and Timing of Severance Benefit<\/font><\/b>. Payment of all of the benefits<\/p>\n
described in Sections 8.3(a) through (c) shall be paid in cash to the Executive<\/p>\n
in a single lump sum as soon as practicable following the Effective Date of<\/p>\n
Termination, but in no event beyond thirty (30) days from such date. All other<\/p>\n
payments due to the Executive upon termination of employment shall be paid in<\/p>\n
accordance with the terms of such applicable plans or programs.<\/font><\/p>\n
 <\/font><\/p>\n
8.5<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Excise Tax<\/font><\/b>. In the event that a Change in Control occurs, and a<\/p>\n
determination is made by the Company pursuant to Section 280G and 4999 of the<\/p>\n
Code that a golden parachute excise tax is due, the benefits provided to the<\/p>\n
Executive under this Agreement that are classified as \u0093parachute payments\u0094 (as<\/p>\n
such term is defined in Section 280G of the Code), shall be limited to the<\/p>\n
amount just necessary to avoid the excise tax.<\/font><\/p>\n
 <\/font><\/p>\n
(a)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>This limitation shall be applied if, and only if, such<\/p>\n
a limitation results in a greater net (of excise tax) cash benefit to the<\/p>\n
Executive than he would receive had the benefits not been capped and an excise<\/p>\n
tax been levied.<\/font><\/p>\n
 <\/font><\/p>\n
8.6<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>With the exceptions of the covenants<\/p>\n
contained in Articles 8, 9, 10, 11, 12 and 14 and Sections 13.3, 13.5, and 13.7<\/p>\n
(which shall survive such termination) herein, the Company and the Executive<\/p>\n
thereafter shall have no further obligations under this Agreement.<\/font><\/p>\n
 <\/font><\/p>\n
 <\/font><\/p>\n
9.1<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Assignment by Company<\/font><\/b>.  <\/font><\/b>This Agreement may and shall be assigned<\/p>\n
or transferred to, and shall be binding upon and shall inure to the benefit of<\/p>\n
any Successor Company, with Successor Company for purposes of this Agreement<\/p>\n
being defined as a company that (i) acquires greater than fifty percent (50%)<\/p>\n
of the assets of the Company or (ii) acquires greater than fifty percent (50%)<\/p>\n
of the outstanding stock of the Company, or (iii) is the surviving entity in<\/p>\n
the event of a CIC.<\/font><\/p>\n
 <\/font><\/p>\n
15<\/font><\/p>\n
<\/p>\n
\n
<\/font><\/div>\n
<\/p>\n

<\/p>\n
<\/font><\/p>\n
\n
(a)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Any such Successor Company shall be deemed substituted<\/p>\n
for all purposes of the \u0093Company\u0094 under the terms of this Agreement.<\/font><\/p>\n
 <\/font><\/p>\n
(b)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Failure of the Company to obtain the agreement of any<\/p>\n
Successor Company to be bound by the terms of this Agreement prior to the<\/p>\n
effectiveness of any such succession shall be a breach of this Agreement, and<\/p>\n
shall immediately entitle the Executive to benefits from the Company in the<\/p>\n
same amount and on the same terms as the Executive would be entitled to receive<\/p>\n
in the event of a termination of employment for Good Reason as provided in<\/p>\n
Section 7.7 (failure not related to a Change in Control) or Section 8.3 (if the<\/p>\n
failure of assignment follows or is in connection with a Change in Control).<\/font><\/p>\n
 <\/font><\/p>\n
(c)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Except as herein provided, this Agreement may not<\/p>\n
otherwise be assigned by the Company.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
9.2<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Assignment by Executive<\/font><\/b>.  <\/font><\/b>This Agreement shall inure to the benefit<\/p>\n
of and be enforceable by the Executive\u0092s personal or legal representatives,<\/p>\n
executors, administrators, successors, heirs, distributees, devisees, and<\/p>\n
legatees.<\/font><\/p>\n
 <\/font><\/p>\n
(a)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>If the Executive dies while any amount would still be<\/p>\n
payable to him pursuant to this Agreement had he continued to live, all such<\/p>\n
amounts, unless otherwise provided herein, shall be paid in accordance<\/p>\n
with the terms of this Agreement, to the Executive\u0092s Beneficiary.<\/font><\/p>\n
 <\/font><\/p>\n
(b)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>If the Executive has not named a Beneficiary, then<\/p>\n
such amounts shall be paid to the Executive\u0092s devisee, legatee, or other<\/p>\n
designee, or if there is no such designee, to the Executive\u0092s estate.<\/font><\/p>\n
 <\/font><\/p>\n
 <\/font><\/p>\n
10.1<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Payment of Legal Fees<\/font><\/b>.  <\/font><\/b>To the<\/p>\n
extent permitted by law, the Company shall pay all legal fees, costs of<\/p>\n
litigation, prejudgment interest, and other expenses incurred by Executive in<\/p>\n
contesting a termination, if Executive prevails.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
10.2<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Notice<\/font><\/b>.\u00a0 <\/font><\/b>Any notices, requests, demands,<\/p>\n
or other communications provided by this Agreement shall be sufficient if in<\/p>\n
writing and if sent by registered or certified mail to the Executive at<\/p>\n
the last address he has filed in writing with the Company or, in the case<\/p>\n
of the Company, at its principal offices to the attention of the General<\/p>\n
Counsel.<\/font><\/p>\n
 <\/font><\/p>\n
16<\/font><\/p>\n
<\/p>\n
\n
<\/font><\/div>\n
<\/p>\n

<\/p>\n
<\/font><\/p>\n
\n
Article<\/p>\n
11. Confidentiality and Noncompetition<\/font><\/b><\/a><\/p>\n
 <\/font><\/p>\n
11.1<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Disclosure of Information<\/font><\/b>.  <\/font><\/b>The Executive recognizes that he has<\/p>\n
access to and knowledge of confidential and proprietary information of the<\/p>\n
Company that is essential to the performance of his duties under this<\/p>\n
Agreement.<\/font><\/p>\n
 <\/font><\/p>\n
(a)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>The Executive will not, during and for five (5) years<\/p>\n
after the term of his employment by the Company, in whole or in part, disclose<\/p>\n
such information to any person, firm, corporation, association, or other entity<\/p>\n
for any reason or purpose whatsoever, nor shall he make use of any such<\/p>\n
information for his own purposes, so long as such information has not otherwise<\/p>\n
been disclosed to the public or is not otherwise in the public domain except as<\/p>\n
required by law or pursuant to administrative or legal process.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
11.2<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Covenants Regarding Other Employees<\/font><\/b>. During the term of this Agreement, and<\/p>\n
for a period of twelve (12) months following<\/p>\n
the Executive\u0092s termination of employment for any reason, the Executive agrees<\/p>\n
not to actively solicit any employee of the Company to terminate his or her<\/p>\n
employment with the Company or to interfere in a similar manner with the<\/p>\n
business of the Company.<\/font><\/p>\n
 <\/font><\/p>\n
11.3<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Noncompete Following a Termination of Employment<\/font><\/b>.  <\/font><\/b>From<\/p>\n
the Effective Date of this Agreement until six (6) months following the<\/p>\n
Executive\u0092s Effective Date of Termination for any reason, the Executive will<\/p>\n
not: (a) directly or indirectly own any equity or proprietary interest in<\/p>\n
(except for ownership of shares in a publicly traded company not exceeding<\/p>\n
three percent (3%) of any class of outstanding securities), or be an employee,<\/p>\n
agent, director, advisor, or consultant to or for any competitor of the<\/p>\n
Company, whether on his own behalf or on behalf of any person; or<\/p>\n
(b) undertake any action to induce or cause any customer or client to<\/p>\n
discontinue any part of its business with the Company.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
11.4<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Waiver of Covenants Upon a Change in<\/p>\n
Control. <\/font><\/b>Upon the occurrence of a Change in Control, the Executive<\/p>\n
shall be released from each of the covenants set forth in Section 11.2 and<\/p>\n
11.3, if such Executive is terminated by the Company without Cause or if the<\/p>\n
Executive terminates his employment with the Company for Good Reason.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
Article<\/p>\n
12. Outplacement Assistance<\/font><\/b><\/a><\/p>\n
 <\/font><\/p>\n
12.1<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>Following a<\/p>\n
termination of employment, other than for Cause, the Executive shall be<\/p>\n
reimbursed by the Company for the costs of all outplacement services obtained<\/p>\n
by the Executive within the two (2) year period after the Effective Date of<\/p>\n
Termination; provided, however, that the total reimbursement shall be limited<\/p>\n
to an amount equal to twenty percent (20%) of the Executive\u0092s Base Salary as of<\/p>\n
the effective date of termination.<\/font><\/p>\n
 <\/font><\/p>\n
17<\/font><\/p>\n
<\/p>\n
\n
<\/font><\/div>\n
<\/p>\n

<\/p>\n
<\/font><\/p>\n
\n
Article 13. Miscellaneous<\/font><\/b><\/a><\/p>\n
 <\/font><\/p>\n
13.1<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Entire Agreement<\/font><\/b>.  <\/font><\/b>With the exception of the Company\u0092s<\/p>\n
Proprietary Information and Inventions Agreement previously executed by Executive,<\/p>\n
this Agreement supersedes any prior agreements (specifically, the prior<\/p>\n
employment agreement executed by the Executive as of July 23, 1999, and any and<\/p>\n
all amendments thereto), or understandings, oral or written, between the<\/p>\n
parties hereto or between the Executive and the Company, with respect to the<\/p>\n
subject matter hereof, and constitutes the entire agreement of the parties with<\/p>\n
respect thereto.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
13.2<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Modification<\/font><\/b>.  <\/font><\/b>This Agreement shall not be varied,<\/p>\n
altered, modified, canceled, changed, or in any way amended except by mutual<\/p>\n
agreement of the parties in a written instrument executed by the parties hereto<\/p>\n
or their legal representatives.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
13.3<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Severability<\/font><\/b>.  <\/font><\/b>In the event that any provision or portion<\/p>\n
of this Agreement shall be determined to be invalid or unenforceable for any<\/p>\n
reason, the remaining provisions of this Agreement shall be unaffected thereby<\/p>\n
and shall remain in full force and effect.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
13.4<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Counterparts<\/font><\/b>.  <\/font><\/b>This Agreement may be executed in one (1)<\/p>\n
or more counterparts, each of which shall be deemed to be an original, but all<\/p>\n
of which together will constitute one and the same Agreement.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
13.5<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Tax Withholding<\/font><\/b>.  <\/font><\/b>The Company may withhold from any benefits<\/p>\n
payable under this Agreement all federal, state, city, or other taxes as may be<\/p>\n
required pursuant to any law or governmental regulation or ruling.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
13.6<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Beneficiaries<\/font><\/b>.  <\/font><\/b>To the extend allowed by law, any payments<\/p>\n
or benefits hereunder due to the Executive at the time of his death shall<\/p>\n
nonetheless be paid or provided and the Executive may designate one or more<\/p>\n
persons or entities as the primary and\/or contingent beneficiaries of any<\/p>\n
amounts to be received under this Agreement. Such designation must be in the<\/p>\n
form of a signed writing acceptable to the Board or the Board\u0092s designee. The<\/p>\n
Executive may make or change such designation at any time.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
13.7<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font><\/b>Payment Obligation Absolute<\/font><\/b>. Absent actions deliberately or willfully taken by<\/p>\n
the Executive to materially injure the Company, the Company\u0092s obligation to<\/p>\n
make the payments and the arrangement provided for herein shall be absolute and<\/p>\n
unconditional, and shall not be affected by any circumstances, including,<\/p>\n
without limitation, any offset, counterclaim, recoupment, defense, or other<\/p>\n
right which the Company may have against the Executive or anyone else.<\/font><\/p>\n
 <\/font><\/p>\n
(a)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>All amounts payable by the Company hereunder shall be<\/p>\n
paid without notice or demand. Subject to the provisions set forth in<\/p>\n
Sections 7.4 and 7.6, and Article 11, each and every payment made<\/p>\n
hereunder by the Company shall be final, and the Company shall not seek to<\/p>\n
recover all or any part of such payment from the Executive or from whomsoever<\/p>\n
may be entitled thereto, for any reasons whatsoever.<\/font><\/p>\n
 <\/font><\/p>\n
18<\/font><\/p>\n
<\/p>\n
\n
<\/font><\/div>\n
<\/p>\n

<\/p>\n
<\/font><\/p>\n
\n
(b)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>With the exception of the Company\u0092s willful material<\/p>\n
breach of its payment obligations under Articles 7 and 8 of this Agreement<\/p>\n
(provided, however, that no such breach shall be deemed to have occurred until<\/p>\n
the Executive has provided the Board with written notice of such breach and a<\/p>\n
reasonable opportunity for cure), the restrictive covenants contained in<\/p>\n
Article 11 are independent of any other contractual obligations in this<\/p>\n
Agreement or otherwise owed by the Company to the Executive. Except as provided<\/p>\n
in this paragraph, the existence of any claim or cause of action by Executive<\/p>\n
against the Company, whether based on this Agreement or otherwise, shall not<\/p>\n
create a defense to the enforcement by the Company of any restrictive covenant<\/p>\n
contained herein.<\/font><\/p>\n
 <\/font><\/p>\n
(c)<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>The Executive shall not be obligated to seek other<\/p>\n
employment in mitigation of the amounts payable or arrangements made under any<\/p>\n
provision of this Agreement, and the obtaining of any such other employment<\/p>\n
shall in no event effect any reduction of the Company\u0092s obligations to make the<\/p>\n
payments and arrangements required to be made under this Agreement.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
 <\/font><\/p>\n
14.1<\/font>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/font>To the extent not preempted by federal<\/p>\n
law, the provisions of this Agreement shall be construed and enforced in<\/p>\n
accordance with the laws of the state of New Jersey.<\/font><\/p>\n
 <\/font><\/b><\/p>\n
IN WITNESS WHEREOF<\/font><\/b>, the Company, through its duly authorized<\/p>\n
representative, and the Executive have executed this Agreement as of the<\/p>\n
Effective Date.<\/font><\/p>\n
 <\/font><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n
\n<\/td>\n
\n
Executive:<\/font><\/p>\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n
\n
\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n
\n
\/s\/ Robert M. Shaw<\/font><\/p>\n<\/td>\n
\n
\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n
\n
\n<\/td>\n
\n
Robert M. Shaw<\/font><\/p>\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n
\n
\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n
\n
Company:<\/font><\/p>\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n
\n
\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n
\n
Bio-Technology<\/p>\n
  General Corp.<\/font><\/b><\/p>\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n
\n
\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n
\n
By:<\/font><\/p>\n<\/td>\n
\n
\/s\/ Sim Fass<\/font><\/p>\n<\/td>\n
\n
\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n
\n
\n<\/td>\n
\n
Sim Fass<\/font><\/p>\n<\/td>\n<\/tr>\n
\n
\n<\/td>\n
\n
\n<\/td>\n
\n
Chairman & CEO<\/font><\/p>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/table>\n
 <\/font><\/p>\n
19<\/font><\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[6900],"corporate_contracts_industries":[9406],"corporate_contracts_types":[9539,9544],"class_list":["post-38982","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-bio-technology-general-corp","corporate_contracts_industries-drugs__botanical","corporate_contracts_types-compensation","corporate_contracts_types-compensation__employment"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/38982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=38982"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=38982"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=38982"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=38982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Article 14. Governing Law<\/font><\/b><\/a><\/p>\n
Article 10. Legal Fees and Notice<\/font><\/b><\/a><\/p>\n
Article 9. Assignment<\/font><\/b><\/a><\/p>\n
Article 6. Expenses<\/font><\/b><\/a><\/p>\n
Article<\/p>\n