SPARTA INC /DE
EXHIBIT 10.1
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<DIV align="right" style="font-size: 10pt; margin-top: 18pt">EXHIBIT 10.1
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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SPARTA, INC.</B>
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<DIV align="center" style="font-size: 10pt; margin-top: 6pt"><B>EQUITY BONUS PLAN</B>
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<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>ARTICLE I<BR>
General</B>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>1.1 Purpose</B>. This SPARTA, Inc. Equity Bonus Plan (the &#147;Plan&#148;) is established by the Board of
Directors (the &#147;Board&#148;) of SPARTA, Inc. (the &#147;Company&#148;) in accordance with Section&nbsp;2.05 of the
Agreement and Plan of Merger Dated as of January&nbsp;15, 2008 Among SPARTA, Inc., Cobham Holdings Inc.
and Rocob Acquisition Inc., as it may be amended (&#147;the Merger Agreement&#148;). The Plan is intended to
provide a bonus to the Company&#146;s employees who otherwise would have received stock options grants
or stock awards or both during the period between execution of the Merger Agreement and the Closing
Date. Capitalized terms used but not defined herein shall have the meanings ascribed to such terms
in the Merger Agreement.
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<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>1.2 Plan Administration.</B>
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The authority to control and manage the operation and administration of this Plan shall be
vested in the Board. The foregoing notwithstanding, the Board may expressly delegate to a
subcommittee consisting of one or more officers and/or directors of the Company, the authority to
administer the Plan, which subcommittee shall have all of the authority granted to the Board
hereunder (the Board or a subcommittee to which authority has been delegated, the &#147;Administrator&#148;).
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Subject to the provisions hereof, (1)&nbsp;the Administrator shall have complete control of the
administration of this Plan, with all powers necessary to enable it properly to carry out its
duties; (2)&nbsp;the Administrator shall be authorized to interpret this Plan and shall have the
discretion to determine all questions arising in the administration, construction and application
of this Plan; and (3)&nbsp;the decisions of the Administrator upon all matters within the scope of its
authority shall be conclusive and binding on all parties.
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<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>1.3 Definitions</B>. The following terms shall have the following meanings when used in this Plan:
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) &#147;Cause&#148; shall mean (i)&nbsp;the willful and continued failure by the Participant to perform his
or her material duties with respect to the Company or its affiliates or (ii)&nbsp;the intentional or
negligent engaging by the Participant in conduct that causes injury, monetarily or otherwise, to
the Company.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) &#147;Involuntary Termination&#148; shall mean any termination of the Participant&#146;s employment with
the Company and its Subsidiaries (i)&nbsp;by the Company for any reason other than Cause or the
Participant&#146;s death or disability (as defined under the terms of any of the Company&#146;s short-term or
long-tern disability plans), or (ii)&nbsp;by the Participant within sixty (60)&nbsp;days following a
relocation (without the Participant&#146;s consent) of the Participant&#146;s principal business location by
more than twenty-five (25)&nbsp;miles from the Participant&#146;s principal business location immediately
prior to the Closing Date after having given the Company at least thirty (30)&nbsp;days notice of the
same and a reasonable opportunity to cure during such 30-day notice period.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) &#147;Profit Sharing Plan&#148; shall mean the SPARTA, Inc. Profit Sharing Plan.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) &#147;Subsidiary&#148; means any corporation of which the Company owns, directly or indirectly, at
least fifty percent (50%) of the total voting power that is formed and has employees during the
term of this Plan.
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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE II<BR>
Participation</B>
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>2.1 Participation</B>. The Administrator will designate from time to time the employees of the
Company or of any Subsidiary who are eligible to participate in this Plan (each a &#147;Participant&#148;),
and, prior to the Closing Date, the Administrator may for any reason or for no reason discontinue
such participation with respect to any employee previously designated as a Participant. Unless the
Administrator determines otherwise prior to the Closing Date, all employees of the Company and its
Subsidiaries who are eligible to receive options to purchase Company Common Stock or awards of
Company Common Stock in accordance with the Company&#146;s standard policies and practices which existed
prior to the Closing Date shall be designated as Participants.
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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE III<BR>
Equity Bonus Payment</B>
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.1 Equity Bonus Amount. </B>Prior to the Closing Date, the Administrator shall determine the
amount of the aggregate cash equity bonus for each Participant (the &#147;Equity Bonus Amount&#148;). Such
Equity Bonus Amounts shall be determined taking into account the following:
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;A &#147;Profit Sharing Component&#148; based upon the number of shares of Company Common Stock that
the Company would have typically contributed to the Participant&#146;s Profit Sharing Plan account in
connection with the Company&#146;s 2007 profit sharing contribution.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;An &#147;EOY Bonus Component&#148; based upon the number of shares of Company Common Stock that the
Company would have typically awarded to the Participant in connection with the payment of the 2007
End-of-Year (&#147;EOY&#148;) Bonus.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;A &#147;Rabbi Trust Component&#148; based upon the number of shares of Company Common Stock that the
Company would have typically awarded to the Participant in connection with the Company&#146;s 2008
awards under the SPARTA, Inc. Stock Compensation Plan.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;A &#147;Stock Option Component&#148; based upon the number of shares of Company Common Stock subject
to stock options that the Company would have typically granted to the Participant under the SPARTA, Inc. 2007 Stock Plan. The Stock Option Component
shall include all options that would normally have been granted by the Company during the period
between execution of the Merger Agreement and the Closing Date.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Some or
all of items (a)&nbsp;through (d)&nbsp;will not be applicable to the awards for some or all
Participants, and the Administrator shall not be obligated to provide any explanation or
computation with respect to the awards made to any Participant, although it may choose to do so.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.2 Maximum Aggregate Equity Bonus Amount. </B>The maximum aggregate Equity Bonus Amount awarded
under the Plan shall be Fifteen Million Dollars ($15,000,000).
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.3 Equity Bonus Payment. </B>Each Participant&#146;s Equity Bonus Amount shall vest and be payable as
follows: (a)&nbsp;one-third (1/3rd) of the aggregate portion of the Equity Bonus Amount awarded to any
Participant shall be due and payable on the eightieth (80th) day following the Effective Time of
the Merger and (b)&nbsp;the remaining portion of the Equity Bonus Amount awarded to such Participant
will be payable on the fifteen (15)&nbsp;month anniversary of the Effective Time.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.4 Involuntary Termination</B>. In the event of an Involuntary Termination of a Participant&#146;s
employment with the Company or a Subsidiary after the Closing Date, such Participant shall be
entitled to receive any unvested Equity Bonus Amount awarded to such Participant, payable at the
same time as they are paid to continuing Participants.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.5 Termination of Employment for Other Reasons</B>. A Participant will not be entitled to any
unpaid Equity Bonus Amount under this Plan if the Participant&#146;s employment with the Company or a
Subsidiary is terminated, voluntarily or involuntarily, (a)&nbsp;for any reason prior to the Closing
Date or (b)&nbsp;for any reason other than an Involuntary Termination that occurs after the Closing
Date.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.6 Reassignment of Participant. </B>In the event of a reassignment of a Participant, the
Participant shall be entitled to receive any Equity Bonus Amount awarded to such Participant,
payable at the same time as they are paid to continuing Participants. For purposes of this Section
3.6, &#147;reassignment&#148; shall mean an agreement or understanding between the Participant and Parent, or
any direct or indirect subsidiary or affiliate of Parent, whereby the Participant terminates
employment with the Company and commences employment with Parent, or any direct or indirect
subsidiary or affiliate of Parent.
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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE IV<BR>
Amendment or Termination</B>
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>4.1 Effectiveness, Amendment and Termination</B>. This Plan shall become effective upon, and only
upon, the Closing Date. Prior to the Closing Date, the Administrator shall be entitled to amend
this Plan at any time and for any reason. This Plan shall terminate on the date of the final
payment of any Equity Bonus Amount awarded under this Plan. After the close of business of the day
preceding the Closing Date, no amendment or termination of this Plan shall be effective.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>4.2 Successors</B>. The obligations of the Company under this Plan shall be binding upon any
assignee or successor in interest thereto. The Company shall require any successor (whether direct
or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the
business and/or assets of the Company expressly to assume and agree to perform this Plan in the
same manner and to the same extent that the Company would have been required to perform it if no
such succession had taken place. As used in this Plan, the &#147;Company&#148; shall mean both the Company
as defined above and any successor to its business and/or assets (by merger, purchase or otherwise)
or which otherwise becomes bound by all the terms and provisions of this Plan by operation of law
or otherwise.
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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE V<BR>
Miscellaneou</B>s
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.1 Set-Off</B>. The Company shall be entitled to set off against the amounts payable to a
Participant hereunder any amounts owed to the Company by such Participant.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.2 Non-Alienation</B>. No Participant shall have any right to pledge, hypothecate, anticipate or
in any way create a lien upon any amounts provided under this Plan, and no benefits payable
hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts or
by operation of law, other than by will or the laws of decent and distribution.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.3 Withholding</B>. All payments to a Participant under this Plan will be subject to all
applicable withholding of state, local, provincial and federal taxes.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.4 Source of Payments</B>. The obligations of the Company under the Plan are solely contractual,
and any amount payable under the terms of the Plan shall be paid from the general assets of the
Company or from one or more trusts, the assets of which are subject to the claims of the Company&#146;s
general creditors. The obligations of the Company under the Plan are guaranteed by Cobham plc to
the extent set forth in Section&nbsp;6.11 of the Merger Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.5 Notices</B>. Any notice or document required to be given under the Plan shall be considered to
be given if actually delivered or mailed by certified mail, postage prepaid, if to the Company, to
SPARTA, Inc., 25531 Commercentre Drive, Suite&nbsp;120, Lake Forest, California 92630, Attention: Jerry
Fabian, or, if to a Participant, at the last address of such Participant filed with the Company.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.6 Gender and Number</B>. Where the context permits, words in any gender shall include any other
gender, words in the singular shall include the plural, and the plural shall include the singular.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.7 No Right to Employment or Continuation of Relationship</B>. Nothing in this Plan shall confer
upon or be construed as giving any Participant any right to remain in the employ of the Company or
any Subsidiary. The Company or any of its Subsidiaries may, at any time, dismiss a Participant
from employment free from any liability or any claim except as expressly provided in this Plan. No
employee of the Company or any Subsidiary shall have any claim to be designated a Participant and
there is no obligation for uniformity of treatment of any employee of the Company or any
Subsidiary.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.8 Governing Law</B>. THE VALIDITY, CONSTRUCTION AND EFFECT OF THIS PLAN AND ANY RULES AND
REGULATIONS RELATING TO THIS PLAN SHALL BE DETERMINED IN ACCORDANCE WITH APPLICABLE FEDERAL LAW AND
THE LAWS OF THE STATE OF VIRGINIA, WITHOUT GIVING EFFECT TO THE CONFLICT OF LAWS PRINCIPLES
THEREOF.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.9 Severability</B>. If any provision of this Plan is or becomes or is deemed to be invalid,
illegal or unenforceable in any jurisdiction or as to any individual Participant, or would
disqualify this Plan under any law deemed applicable by the Administrator, such provision shall be
construed or deemed amended to conform to applicable law, or if it cannot be construed or deemed
amended without, in the sole determination of the Administrator, materially altering the intent of
this Plan, such provision shall be stricken as to such jurisdiction or Participant and the
remainder of this Plan shall remain in full force and effect.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.10 No Limitation Upon the Rights of the Company</B>. This Plan shall not affect in any way the
right or power of the Company to make adjustments, reclassifications, or changes of its capital or
business structure; to merge, convert or consolidate; to dissolve or liquidate; or sell or transfer
all or any part of its business or assets.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.11 No Liability for Good Faith Determinations</B>. None the members of the Board nor any
delegates of the Board (including, without limitation, the Administrator) shall be liable for any
action, failure to act, omission or determination taken or made in good faith with respect to this
Plan. The Company shall indemnify and hold harmless each member of the Board and each delegate or
agent thereof against any personal liability or expense incurred by him or her as a result of any
act or omission in his of her capacity as such, except for his or her own gross negligence or
willful misconduct. The Administrator shall have the discretion, subject to the terms of Plan, to
make determinations and interpretations of the Plan which need not be the same with respect to each
Participant.
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