BROOKS AUTOMATION INC
EX-10.2 1995 EMPLOYEE STOCK PURCHASE PLAN
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<DESCRIPTION>EX-10.2 1995 EMPLOYEE STOCK PURCHASE PLAN
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<B>Exhibit 10.2</B>
</DIV>

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<B>BROOKS AUTOMATION, INC.</B>
</DIV>

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<B>1995 EMPLOYEE STOCK PURCHASE PLAN</B>
</DIV>

<DIV align="center" style="font-size: 10pt;color: #000000; background: #ffffff;">
(As amended through March&nbsp;7, 2006)
</DIV>

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<TR valign="top">
    <TD><B>1.</B></TD>
    <TD>
    <B>Purpose</B></TD>
</TR>

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<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The Brooks Automation, Inc. 1995 Employee Stock Purchase Plan
(the &#147;Plan&#148;) is intended to provide a method whereby
employees of Brooks Automation, Inc. (the &#147;Company&#148;)
will have an opportunity to acquire a proprietary interest in
the Company through the purchase of shares of the Company&#146;s
$.01&nbsp;par value common stock (the &#147;Common Stock&#148;).
It is the intention of the Company to have the Plan qualify as
an &#147;employee stock purchase plan&#148; under
Section&nbsp;423 of the Internal Revenue Code of 1986, as
amended (the &#147;Code&#148;). The provisions of the Plan
shall, accordingly, be construed so as to extend and limit
participation in a manner consistent with the requirements of
that Section of the Code.
</DIV>

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<TR valign="top">
    <TD><B>2.</B></TD>
    <TD>
    <B>Eligible Employees</B></TD>
</TR>

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<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(a)&nbsp;All employees of the Company or any of its
participating subsidiaries shall be eligible to receive options
under this Plan to purchase the Company&#146;s Common Stock. In
no event may an employee be granted an option if such employee,
immediately after the option is granted, owns stock possessing
five (5%) percent or more of the total combined voting power or
value of all classes of stock of the Company or of its parent
corporation or subsidiary corporation as the terms &#147;parent
corporation&#148; and &#147;subsidiary corporation&#148; are
defined in Section&nbsp;424(e) and (f)&nbsp;of the Code. For
purposes of determining stock ownership under this paragraph,
the rules of Section&nbsp;424(d) of the Code shall apply and
stock which the employee may purchase under outstanding options
shall be treated as stock owned by the employee.
</DIV>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(b)&nbsp;For the purpose of this Plan, the term employee shall
not include an employee whose customary employment is for not
more than twenty (20)&nbsp;hours per week or is for not more
than five (5)&nbsp;months in any calendar year.
</DIV>

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    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD><B>3.</B></TD>
    <TD>
    <B>Stock Subject to the Plan</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The stock subject to the options granted hereunder shall be
shares of the Company&#146;s authorized but unissued Common
Stock or shares of Common Stock reacquired by the Company,
including shares purchased in the open market. The aggregate
number of shares which may be issued pursuant to the Plan is
3,000,000, subject to increase or decrease by reason of stock
split-ups, reclassifications, stock dividends, changes in par
value and the like. If the number of shares of Common Stock
reserved and available for any Offering Period (as defined
herein) is insufficient to satisfy all purchase requirements for
that Offering Period, the reserved and available shares for that
Offering Period shall be apportioned among participating
employees in proportion to their options.
</DIV>

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    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD><B>4.</B></TD>
    <TD>
    <B>Offering Periods and Stock Options</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(a) The time periods during which payroll deductions will be
accumulated under the Plan shall consist of six month periods
(&#147;Offering Periods&#148;), commencing on the first day of
each Offering Period (&#147;Offering Commencement Date&#148;)
and ending on the last day of the Offering Period
(&#147;Offering Termination Date&#148;). The Offering Periods
for the 2003 calendar year shall consist of (i)&nbsp;an Offering
Commencement Date of January 1 and an Offering Termination Date
of June&nbsp;30, and (ii)&nbsp;an Offering Commencement Date of
July&nbsp;1 that shall comprise a seven month period ending on
the Offering Termination Date, January&nbsp;31, 2004.
</DIV>

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<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff;">
Thereafter, each calendar year shall have two six-month Offering
Periods, the first with an Offering Commencement Date of
February 1 and an Offering Termination Date of July&nbsp;31, and
the second with an Offering Commencement Date of August&nbsp;1
and Offering Termination Date of January 31. Each Offering
Period includes only regular pay days falling within it.
</DIV>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(b) On each Offering Commencement Date, the Company will grant
to each eligible employee who is then a participant in the Plan
an option to purchase on the Offering Termination Date at the
Option Exercise Price, as provided in this paragraph&nbsp;(b),
that number of full shares of Common Stock reserved for the
purpose of the Plan as his or her accumulated payroll deductions
on the Offering Termination Date (including any amount carried
forward pursuant to Article&nbsp;8 hereof) will pay for at the
Option Exercise Price; provided that such employee remains
eligible to participate in the Plan throughout such Offering
Period. The Option Exercise Price for each Offering Period shall
be the lesser of (i)&nbsp;eighty-five percent (85%) of the fair
market value of the Common Stock on the Offering Commencement
Date, or (ii)&nbsp;eighty-five percent (85%) of the fair market
value of the Common Stock on the Offering Termination Date. In
the event of an increase or decrease in the number of
outstanding shares of Common Stock through stock split-ups,
reclassifications, stock dividends, changes in par value and the
like, an appropriate adjustment shall be made in the number of
shares and Option Exercise Price per share provided for under
the Plan, either by a proportionate increase in the number of
shares and proportionate decrease in the Option Exercise Price
per share, or by a proportionate decrease in the number of
shares and a proportionate increase in the Option Exercise Price
per share, as may be required to enable an eligible employee who
is then a participant in the Plan to acquire on the Offering
Termination Date that number of full shares of Common Stock as
his or her accumulated payroll deductions on such date will pay
for at the Option Exercise Price, as so adjusted.
</DIV>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(c) For purposes of this Plan, the term &#147;fair market
value&#148; on any date means, if the Common Stock is listed on
a national securities exchange or on the Nasdaq National Market,
the average of the high and low sales prices of the Common Stock
on such date on such exchange or as reported on the Nasdaq
National Market or, if the Common Stock is traded in the
<FONT style="white-space: nowrap">over-the</FONT>-counter
securities market, but not on the Nasdaq National Market, the
average of the high and low bid quotations for the Common Stock
on such date, each as published by The Nasdaq National Market.
If no shares of Common Stock are traded on the Offering
Commencement Date or Offering Termination Date, the fair market
value will be determined by taking the average of the fair
market values on the immediately preceding and the next
following business days on which shares of Common Stock are
traded.
</DIV>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(d) For purposes of this Plan the term &#147;business day&#148;
as used herein means a day on which there is trading on the
Nasdaq National Market or on a national securities exchange on
which the Common Stock is listed.
</DIV>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(e) No employee shall be granted an option which permits his or
her rights to purchase Common Stock under the Plan and any
similar plans of the Company or any parent or participating
subsidiary corporations to accrue at a rate which exceeds
$25,000 of fair market value of such stock (determined at the
time such option is granted) for each calendar year in which
such option is outstanding at any time. The purpose of the
limitation in the preceding sentence is to comply with and shall
be construed in accordance with Section&nbsp;423(b)(8) of the
Code.
</DIV>

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    <TD width="4%"></TD>
    <TD width="96%"></TD>
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<TR valign="top">
    <TD><B>5.</B></TD>
    <TD>
    <B>Exercise of Option</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Each eligible employee who continues to be a participant in the
Plan on the Offering Termination Date shall be deemed to have
exercised his or her option on such date and shall be deemed to
have purchased from the Company such number of full shares of
Common Stock reserved for the purpose of the Plan as his or her
accumulated payroll deductions on such date, plus any amount
carried forward pursuant to Article&nbsp;8 hereof,
</DIV>

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<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff;">
will pay for at the Option Exercise Price, but in no event may
an employee purchase shares of Common Stock in excess of
1,500&nbsp;shares of Common Stock on any Offering Termination
Date. If a participant is not an employee on the Offering
Termination Date and throughout an Offering Period, he or she
shall not be entitled to exercise his or her option. All options
issued under the Plan shall, unless exercised as set forth
herein, expire at the end of the Offering Termination Date with
respect to the Offering Period during which such options were
issued.
</DIV>

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<TR valign="top">
    <TD><B>6.</B></TD>
    <TD>
    <B>Authorization for Entering Plan</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(a) An eligible employee may enter the Plan by filling out,
signing and delivering to the Chief Financial Officer of the
Company or his or her designee an authorization
(&#147;Authorization&#148;):
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    <TD width="93%"></TD>
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    <TD>&nbsp;</TD>
    <TD>(i)</TD>
    <TD align="left">
    stating the amount to be deducted regularly from his or her pay;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR>

<TR valign="top">
    <TD>&nbsp;</TD>
    <TD>(ii)</TD>
    <TD align="left">
    authorizing the purchase of stock for him or her in each
    Offering Period in accordance with the terms of the
    Plan;&nbsp;and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR>

<TR valign="top">
    <TD>&nbsp;</TD>
    <TD>(iii)</TD>
    <TD align="left">
    specifying the exact name in which Common Stock purchased for
    him or her is to be issued in accordance with Article&nbsp;11
    hereof.</TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">
Such Authorization must be received by the Chief Financial
Officer of the Company or his or her designee at least ten
(10)&nbsp;business days before an Offering Commencement Date.
</DIV>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(b) The Company will accumulate and hold for the employee&#146;s
account the amounts deducted from his or her pay. No interest
will be paid thereon. Participating employees may not make any
separate cash payments into their account.
</DIV>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(c) Unless an employee files a new Authorization or withdraws
from the Plan, his or her deductions and purchases under the
Authorization he or she has on file under the Plan will continue
as long as the Plan remains in effect. An employee may increase
or decrease the amount of his or her payroll deductions as of
the next Offering Commencement Date by filling out, signing and
delivering to the Chief Financial Officer of the Company or his
or her designee a new Authorization. Such new Authorization must
be received by the Chief Financial Officer of the Company or his
or her designee at least ten (10)&nbsp;business days before the
date of such next Offering Commencement Date.
</DIV>

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    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD><B>7.</B></TD>
    <TD>
    <B>Allowable Payroll Deductions</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Effective July,&nbsp;1, 2002, an employee may authorize payroll
deductions in any whole percentage amount up to but not more
than ten percent (10%) of his or her base pay; provided,
however, that the minimum deduction in respect of any payroll
period shall be one percent (1%) of his or her base pay but in
no event less than five dollars ($5); and provided further that
the maximum percentage shall be reduced to meet the requirements
of Section&nbsp;4(e) hereof. Base pay means regular
straight-time earnings and, if applicable, commissions, but
excluding payments for overtime, bonuses, and other special
payments.
</DIV>

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    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD><B>8.</B></TD>
    <TD>
    <B>Unused Payroll Deductions</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Only full shares of Common Stock may be purchased. Any balance
remaining in an employee&#146;s account after a purchase will be
reported to the employee and will be carried forward to the next
Offering Period. However, in no event will the amount of the
unused payroll deductions carried forward from a payroll period
exceed the Option Exercise Price per share for the immediately
preceding Offering Period. If for any Offering Period the amount
of unused payroll deductions should exceed the Option Exercise
Price per share, the amount of the excess for any participant
shall be refunded to such participant, without interest.
</DIV>

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    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD><B>9.</B></TD>
    <TD>
    <B>Change in Payroll Deductions</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Deductions may not be increased or decreased during an Offering
Period.
</DIV>

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<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD><B>10.</B></TD>
    <TD>
    <B>Withdrawal from the Plan</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(a) An employee may withdraw from the Plan and withdraw all but
not less than all of the payroll deductions credited to his or
her account under the Plan by delivering a written notice to the
Chief Financial Officer of the Company or his or her designee
(&#147;Withdrawal Notice&#148;) no later than the Offering
Termination Date (subject to such administrative procedures as
the Company may reasonably impose), in which event the Company
will promptly refund without interest the entire balance of such
employee&#146;s deductions not theretofore used to purchase
Common Stock under the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(b) If an employee withdraws from the Plan, the employee&#146;s
rights under the Plan will be terminated and no further payroll
deductions will be made. To reenter, such an employee must file
a new Authorization at least ten (10)&nbsp;business days before
the next Offering Commencement Date. Such Authorization will
become effective for the Offering Period that commences on such
Offering Commencement Date.
</DIV>

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<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD><B>11.</B></TD>
    <TD>
    <B>Issuance of Stock</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Upon written request, certificates for Common Stock will be
issued and delivered to participants and uncertificated shares
of Common Stock issued to or for the account of participants
will be delivered, in either case as soon as practicable after
each Offering Period. Common Stock purchased under the Plan will
be issued only in the name of, or for the account of, the
employee.
</DIV>

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<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD><B>12.</B></TD>
    <TD>
    <B>No Transfer or Assignment of Employee&#146;s Rights</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
An employee&#146;s rights under the Plan are his or hers alone
and may not be transferred or assigned to, or availed of by, any
other person. Any option granted to an employee may be exercised
only by him or her, except as provided in Article&nbsp;13 in the
event of an employee&#146;s death.
</DIV>

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<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD><B>13.</B></TD>
    <TD>
    <B>Termination of Employee&#146;s Rights</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(a) Except as set forth in the last paragraph of this
Article&nbsp;13, an employee&#146;s rights under the Plan will
terminate when he or she ceases to be an employee because of
retirement, resignation, lay-off, discharge, death, change of
status, failure to remain in the customary employ of the Company
for greater than twenty (20)&nbsp;hours per week, or for any
other reason. A Withdrawal Notice will be considered as having
been received from the employee on the day his or her employment
ceases, and all payroll deductions not used to purchase Common
Stock will be refunded.
</DIV>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(b) If an employee&#146;s payroll deductions are interrupted by
any legal process, a Withdrawal Notice will be considered as
having been received from him or her on the day the interruption
occurs.
</DIV>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(c) Upon termination of the participating employee&#146;s
employment because of death, the executor or administrator of
the estate of the employee shall have the right to elect, by
written notice given to the Chief Financial Officer of the
Company or his or her designee prior to the earlier to occur of
the 30th&nbsp;day following the date of the death of the
employee or the next Offering Termination Date, either
(i)&nbsp;to withdraw, without interest, all of the payroll
deductions credited to the employee&#146;s account under the
Plan, or (ii)&nbsp;to exercise the employee&#146;s option for
the purchase of shares of Common Stock on the next Offering
Termination Date following the date of the employee&#146;s death
for the purchase of that number of full shares of Common Stock
reserved for the purpose of the Plan which the accumulated
payroll deductions in the employee&#146;s account at the date of
the employee&#146;s death will purchase at the applicable Option
Exercise Price (subject to the
</DIV>

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<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff;">
maximum number set forth in Article&nbsp;5), and any excess in
such account will be returned to said executor or administrator.
In the event that no such written notice of election shall be
timely received by the Chief Financial Officer of the Company or
his or her designee, the executor or administrator shall
automatically be deemed to have elected to withdraw the payroll
deductions credited to the employee&#146;s account at the date
of the employee&#146;s death and the same will be paid promptly
to said executor or administrator, without interest.
</DIV>

<DIV style="margin-top: 12pt; margin-left: 0; margin-right: 0; margin-bottom: 0; color: #000000; background: #ffffff;"></DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt;color: #000000; background: #ffffff;">

<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD><B>14.</B></TD>
    <TD>
    <B>Death of Participant</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
In the event of the death of a participating employee, the
Company shall deliver such Common Stock and/or cash to the
executor or administrator of the estate of the employee, or if,
to the knowledge of the Company, no such executor or
administrator has been appointed, the Company, in the discretion
of the Committee, may deliver such Common Stock and/or cash to
the spouse or to any one or more dependents of the employee as
the Committee may designate.
</DIV>

<DIV style="margin-top: 12pt; margin-left: 0; margin-right: 0; margin-bottom: 0; color: #000000; background: #ffffff;"></DIV>

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<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD><B>15.</B></TD>
    <TD>
    <B>Termination and Amendments to Plan</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(a) The Plan may be terminated at any time by the Company&#146;s
Board of Directors, effective on the next following Offering
Termination Date. Notwithstanding the foregoing, it will
terminate when all of the shares of Common Stock reserved for
the purposes of the Plan have been purchased. Upon such
termination or any other termination of the Plan, all payroll
deductions not used to purchase Common Stock will be refunded
without interest.
</DIV>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(b) The Board of Directors reserves the right to amend the Plan
from time to time in any respect; provided, however, that no
amendment shall be effective without stockholder approval if the
amendment would (a)&nbsp;except as provided in
Articles&nbsp;3,&nbsp;4, 24 and&nbsp;25, increase the aggregate
number of shares of Common Stock to be offered under the Plan,
or (b)&nbsp;change the class of employees eligible to receive
options under the Plan.
</DIV>

<DIV style="margin-top: 12pt; margin-left: 0; margin-right: 0; margin-bottom: 0; color: #000000; background: #ffffff;"></DIV>

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<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD><B>16.</B></TD>
    <TD>
    <B>Limitations of Sale of Stock Purchased Under the Plan</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Employees who are subject to Section&nbsp;16 of the Securities
Exchange Act of 1934, as amended, may sell Common Stock
purchased under the Plan at any time provided that such sale
qualifies for an exemption from Section&nbsp;16(b) under
<FONT style="white-space: nowrap">Rule&nbsp;16b-3,</FONT> or
otherwise does not give rise to Section&nbsp;16(b) liability.
Notwithstanding the foregoing, because of certain Federal tax
requirements, all employees will agree by entering the Plan,
promptly to give the Company notice of any such Common Stock
disposed of within two years after the Offering Commencement
Date on which the related option was granted showing the number
of such shares disposed of. The employee assumes the risk of any
market fluctuations in the price of such Common Stock.
</DIV>

<DIV style="margin-top: 12pt; margin-left: 0; margin-right: 0; margin-bottom: 0; color: #000000; background: #ffffff;"></DIV>

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<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD><B>17.</B></TD>
    <TD>
    <B>Company&#146;s Payment of Expenses Related to Plan</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The Company will bear all costs of administering and carrying
out the Plan.
</DIV>

<DIV style="margin-top: 12pt; margin-left: 0; margin-right: 0; margin-bottom: 0; color: #000000; background: #ffffff;"></DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt;color: #000000; background: #ffffff;">

<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD><B>18.</B></TD>
    <TD>
    <B>Participating Subsidiaries</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The term &#147;participating subsidiaries&#148; shall mean any
subsidiary of the Company which is designated by the Committee
(as defined in Article&nbsp;19) to participate in the Plan. The
Committee shall have the power to make such designation before
or after the Plan is approved by the stockholders.
</DIV>

<DIV style="margin-top: 12pt; margin-left: 0; margin-right: 0; margin-bottom: 0; color: #000000; background: #ffffff;"></DIV>

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<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD><B>19.</B></TD>
    <TD>
    <B>Administration of the Plan</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(a) The Plan shall be administered by the Compensation Committee
of the Company&#146;s Board of Directors or such other committee
designated by the Company&#146;s Board of directors (the
&#147;Committee&#148;).
</DIV>

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<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(b) The interpretation and construction by the Committee of any
provisions of the Plan or of any option granted under it shall
be final. The Committee may from time to time adopt such rules
and regulations for carrying out the Plan as it may deem best.
With respect to persons subject to Section&nbsp;16 of the
Securities and Exchange Act of 1934, as amended, transactions
under the Plan are intended to comply with all applicable
conditions of
<FONT style="white-space: nowrap">Rule&nbsp;16b-3</FONT> or its
successors under said Act. To the extent any provision of the
Plan or action by the Committee fails to so comply, it shall be
deemed null and void, to the extent permitted by law and deemed
advisable by that Committee.
</DIV>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(c) Annually, the Committee shall prepare and distribute to each
participating employee in the Plan a report containing the
amount of the participating employee&#146;s accumulated payroll
deductions as of the Offering Termination Date, the Option
Exercise Price for such Offering Period, the number of shares of
Common Stock purchased by the participating employee with the
participating employee&#146;s accumulated payroll deductions,
and the amount of any unused payroll deductions either to be
carried forward to the next Offering Period, or returned to the
participating employee without interest.
</DIV>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(d) No member of the Board of Directors or the Committee shall
be liable for any action or determination made in good faith
with respect to the Plan or any option granted under it. The
Company shall indemnify each member of the Board of Directors
and the Committee to the fullest extent permitted by law with
respect to any claim, loss, damage or expense (including counsel
fees) arising in connection with their responsibilities under
this Plan.
</DIV>

<DIV style="margin-top: 12pt; margin-left: 0; margin-right: 0; margin-bottom: 0; color: #000000; background: #ffffff;"></DIV>

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<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD><B>20.</B></TD>
    <TD>
    <B>Optionees Not Stockholders</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Neither the granting of an option to an employee nor the
deductions from his or her pay shall constitute such employee a
stockholder of the Company with respect to the shares covered by
such option until such shares have been purchased by and issued
to him or her.
</DIV>

<DIV style="margin-top: 12pt; margin-left: 0; margin-right: 0; margin-bottom: 0; color: #000000; background: #ffffff;"></DIV>

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<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD><B>21.</B></TD>
    <TD>
    <B>Application of Funds</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The proceeds received by the Company from the sale of Common
Stock pursuant to options granted under the Plan may be used for
any corporate purposes, and the Company shall not be obligated
to segregate participating employees&#146; payroll deductions.
</DIV>

<DIV style="margin-top: 12pt; margin-left: 0; margin-right: 0; margin-bottom: 0; color: #000000; background: #ffffff;"></DIV>

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<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD><B>22.</B></TD>
    <TD>
    <B>Governmental Regulation</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(a) The Company&#146;s obligation to sell and deliver shares of
the Company&#146;s Common Stock under this Plan is subject to
the approval of any governmental authority required in
connection with the authorization, issuance or sale of such
stock.
</DIV>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(b) In this regard, the Board of Directors may, in its
discretion, require as a condition to the exercise of any option
that a Registration Statement under the Securities Act of 1933,
as amended, with respect to the shares of Common Stock reserved
for issuance upon exercise of the option shall be effective.
</DIV>

<DIV style="margin-top: 12pt; margin-left: 0; margin-right: 0; margin-bottom: 0; color: #000000; background: #ffffff;"></DIV>

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<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD><B>23.</B></TD>
    <TD>
    <B>Transferability</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Neither payroll deductions credited to an employee&#146;s
account nor any rights with regard to the exercise of an option
or to receive stock under the Plan may be assigned, transferred,
pledged, or otherwise disposed of in any way by the employee.
Any such attempted assignment, transfer, pledge, or other
disposition shall be without effect, except that the Company may
treat such act as an election to withdraw funds in accordance
with Article&nbsp;10.
</DIV>

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<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD><B>24.</B></TD>
    <TD>
    <B>Effect of Changes of Common Stock</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
If the Company should subdivide or reclassify the Common Stock
which has been or may be optioned under the Plan, or should
declare thereon any dividend payable in shares of such Common
Stock, or should take any other action of a similar nature
affecting such Common Stock, then the number and class of shares
of Common Stock which may thereafter be optioned (in the
aggregate and to any individual participating employee) shall be
adjusted accordingly.
</DIV>

<DIV style="margin-top: 12pt; margin-left: 0; margin-right: 0; margin-bottom: 0; color: #000000; background: #ffffff;"></DIV>

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<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD><B>25.</B></TD>
    <TD>
    <B>Merger or Consolidation</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
If the Company should at any time merge into or consolidate with
another corporation, the Board of Directors may, at its
election, either (i)&nbsp;terminate the Plan and refund without
interest the entire balance of each participating
employee&#146;s payroll deductions, or (ii)&nbsp;entitle each
participating employee to receive on the Offering Termination
Date upon the exercise of such option for each share of Common
Stock as to which such option shall be exercised the securities
or property to which a holder of one share of the Common Stock
was entitled upon and at the time of such merger or
consolidation, and the Board of Directors shall take such steps
in connection with such merger or consolidation as the Board of
Directors shall deem necessary to assure that the provisions of
this Article&nbsp;25 shall thereafter be applicable, as nearly
as reasonably possible. A sale of all or substantially all of
the assets of the Company shall be deemed a merger or
consolidation for the foregoing purposes.
</DIV>

<DIV style="margin-top: 12pt; margin-left: 0; margin-right: 0; margin-bottom: 0; color: #000000; background: #ffffff;"></DIV>

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<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD><B>26.</B></TD>
    <TD>
    <B>Withholding of Additional Federal Income Tax</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The Company will undertake such withholding in connection with
the Plan as it determines is appropriate, in its sole discretion.
</DIV>

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<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD><B>27.</B></TD>
    <TD>
    <B>Equal Treatment</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Notwithstanding any provision herein to the contrary, all
Participants participating in any Offering Period shall have
equal rights and privileges except as provided in
Section&nbsp;423(b)(5) of the Code.
</DIV>

<DIV style="margin-top: 12pt; margin-left: 0; margin-right: 0; margin-bottom: 0; color: #000000; background: #ffffff;"></DIV>

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<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD><B>28.</B></TD>
    <TD>
    <B>Approval of Stockholders</B></TD>
</TR>

</TABLE>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The Plan shall not take effect until approved by the holders of
a majority of the outstanding shares of Common Stock of the
Company, which approval must occur no later than the end of the
first Offering Period after the date the Plan is adopted by the
Board of Directors. Options may be granted under the Plan prior
and subject to such stockholder approval. If the Plan is not so
approved by the stockholders, all payroll deductions from
participating employees shall be returned without interest and
all options so granted shall terminate.
</DIV>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Dates of Approval by the Board of Directors or Compensation
Committee: November&nbsp;1, 1995, December&nbsp;10, 1997,
January&nbsp;6, 2000, December&nbsp;13, 2001, September&nbsp;13,
2002, February&nbsp;26, 2003, February&nbsp;25, 2004 and
January&nbsp;25, 2006.
</DIV>

<DIV align="left" style="font-size: 10pt;color: #000000; background: #ffffff; margin-top: 6pt; margin-left: 0; margin-right: 0; margin-bottom: 0; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Dates of Approval by the Stockholders: February&nbsp;22, 1996,
February&nbsp;26, 1998, February&nbsp;24, 2000, May&nbsp;13,
2002, April&nbsp;27, 2004 and March&nbsp;7, 2006.
</DIV>

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