LeapFrog 2010 Annual Report Download - page 192

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The Board need not take the same action or actions with respect to all Stock Awards or portions thereof or with
respect to all Participants.
(d) Change in Control. A Stock Award may be subject to additional acceleration of vesting and
exercisability upon or after a Change in Control as may be provided in the Stock Award Agreement for such
Stock Award or as may be provided in any other written agreement between the Company or any Affiliate and
the Participant, but in the absence of such provision, no such acceleration shall occur.
10. T
ERMINATION OR
S
USPENSION OF THE
P
LAN
.
(a) Plan Term. The Board may suspend or terminate the Plan at any time. Unless terminated sooner by
the Board, the Plan shall automatically terminate on the day before the tenth (10th) anniversary of the earlier of
(i) the date the Plan is adopted by the Board, or (ii) the date the Plan is approved by the stockholders of the
Company. No Awards may be granted under the Plan while the Plan is suspended or after it is terminated.
(b) No Impairment of Rights. Suspension or termination of the Plan shall not impair rights and
obligations under any Award granted while the Plan is in effect except with the written consent of the affected
Participant.
11. E
FFECTIVE
D
ATE OF
P
LAN
.
This Plan shall become effective on the Effective Date.
12. C
HOICE OF
L
AW
.
The laws of the State of Delaware shall govern all questions concerning the construction, validity and
interpretation of this Plan, without regard to that state’s conflict of laws rules.
13. D
EFINITIONS
.As used in the Plan, the following definitions shall apply to the capitalized terms indicated
below:
(a) “Affiliate” means, at the time of determination, any “parent” or “subsidiary” of the Company as such
terms are defined in Rule 405 promulgated under the Securities Act. The Board shall have the authority to
determine the time or times at which “parent” or “subsidiary” status is determined within the foregoing
definition.
(b) “Award” means a Stock Award or a Performance Cash Award.
(c) “Award Agreement” means a written agreement between the Company and a Participant evidencing the
terms and conditions of an Award.
(d) “Board” means the Board of Directors of the Company.
(e) “Capitalization Adjustment” means any change that is made in, or other events that occur with respect
to, the Class A Common Stock subject to the Plan or subject to any Stock Award after the Effective Date without
the receipt of consideration by the Company through merger, consolidation, reorganization, recapitalization,
reincorporation, stock dividend, dividend in property other than cash, large nonrecurring cash dividend, stock
split, liquidating dividend, combination of shares, exchange of shares, change in corporate structure or any
similar equity restructuring transaction, as that term is used in Statement of Financial Accounting Standards
No. 123 (revised). Notwithstanding the foregoing, the conversion of any convertible securities of the Company
shall not be treated as a Capitalization Adjustment.
A-14