SPECIAL SECURITY AGREEMENT.docx

SPECIAL SECURITY AGREEMENT.docx

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SPECIALSECURITYAGREEMENT

SAMPLE

（NOTE:

ThetextofanyexecutedAgreementcanvaryfromthesampletextinthisAgreementbasedonspecificcircumstances）

SPECIALSECURITYAGREEMENT

Thisagreement（"theAgreement"）ismadethis____dayof_____________,200_（effectivedate）,byandbetween[UltimateParent],a[country]corporation;[IntermediateParent],a[StateorCountry]Corporation（the“ParentCorporation”）;[Corporation],a[State]Corporation（the“Corporation”）andtheUnitedStatesDepartmentofDefense（DoD）,alloftheabovecollectively"theParties".

RECITALS

WHEREAS,theCorporationisdulyorganizedandexistingunderthelawsoftheStateof____________,andhasanauthorizedcapitalof__________shares,allofwhicharecommonvotingshares,parvalue$_________________,andofwhich____sharesareissuedandoutstanding;and

WHEREAS,[UltimateCorporation]ownsalltheoutstandingvotingsharesof[IntermediateParent];and

WHEREAS,_________________,apubliccorporationtradedontheNewYorkStockExchange,ownsallthesharesoftheparent;and

WHEREAS,theParentCorporationownstheissuedandoutstandingsharesoftheCorporation;and

WHEREAS,theCorporation'sbusinessconsistsof________________________defenseanddefenserelateditemsforvariousDepartmentsandAgenciesoftheUnitedStatesGovernment,including,withoutlimitation,theDoD,andrequiretheCorporationtohaveafacilitysecurityclearance;and

WHEREAS,theofficesoftheCorporationand,possibly,itswhollyownedsubsidiaries,requirefacilitysecurityclearancesissuedundertheNationalIndustrialSecurityProgram（"NISP"）andtheNISPrequiresthatacorporationmaintainingafacilitysecurityclearancebeeffectivelyinsulatedfromforeignownership,controlorinfluence（"FOCI"）;and

WHEREAS,theUnderSecretaryofDefenseforIntelligence,USD（I）hasdeterminedthattheprovisionsofthisAgreementarenecessarytoenabletheUnitedStatestoprotectitselfagainsttheunauthorizeddisclosureofinformationrelatingtothenationalsecurity;and

WHEREAS,theDoDhasagreedtograntorcontinuethefacilitysecurityclearance（s）oftheCorporationanditswhollyownedsubsidiariesfromandaftertheeffectivedateofthisAgreementinconsiderationof,interalia,theParties'executionandcompliancewiththeprovisionsoftheAgreement,thepurposeofwhichistoreasonablyandeffectivelydenytheParentCorporationandallentitieswhichtheParentCorporationeithercontrols,oriscontrolledby,hereinaftersometimesreferredtocollectivelyasthe"Affiliates,"fromunauthorizedaccesstoclassifiedandcontrolledunclassifiedinformationandinfluenceovertheCorporation'sbusinessormanagementinamannerwhichcouldresultinthecompromiseofclassifiedinformationorcouldadverselyaffecttheperformanceofclassifiedcontracts;and

WHEREAS,theCorporationhasagreedtoestablishaformalorganizationalstructureandprocedurestoensuretheprotectionofclassifiedinformationandcontrolledunclassifiedinformationentrustedtoitandtoplacetheresponsibilitythereforewithacommitteeofitsBoardofDirectorstobeknownastheGovernmentSecurityCommittee,allashereinafterprovided;and

WHEREAS,thePartiesagreethatcontroloftheCorporationshouldbevestedintheBoardofDirectorsoftheCorporation;and

WHEREAS,acompanyunderFOCIisnotnormallyauthorizedtohaveaccesstothefollowingclassifiedinformation:

a.TOPSECRETinformation;

b.RESTRICTEDDATAasdefinedintheUnitedStatesAtomicEnergyActof1954,asamended;

c.CommunicationsSecurity（"COMSEC"）information,exceptclassifiedkeysusedtooperatesecuretelephoneunits（STUIII's）;

d.SpecialAccessPrograminformation;and

e.SensitiveCompartmentedInformation;and,

WHEREAS,allpartiesheretohaveagreedthatmanagementcontrolofthedefenseandtechnologysecurityaffairsandclassifiedcontractsoftheCorporationshouldbevestedinresidentcitizensoftheUnitedStateswhohaveDoDpersonnelsecurityclearances;and

WHEREAS,theParentCorporationandothersignatorieshereto,bytheirauthorizedrepresentatives,herebyaffirmthat（a.）theywillnotseekaccesstooracceptU.S.GovernmentclassifiedinformationorcontrolledunclassifiedinformationentrustedtotheCorporation,exceptaspermissibleundertheNISPandapplicableUnitedStatesGovernmentlawsandregulations;and（b）theywillnotattempttocontroloradverselyinfluencetheCorporation'sperformanceofclassifiedcontractsandparticipationinclassifiedprograms;and（c）exceptasexpresslyauthorizedbytheAgreement,theirinvolvement（individuallyandcollectively）inthebusinessaffairsoftheCorporationshallbelimitedtoparticipationinthedeliberationanddecisionsoftheCorporation’sBoardofDirectorsandauthorizedcommitteesthereof.

WHEREAS,inordertomeetDoD'snationalsecurityobjectivesinthematteroftheCorporation'sfacilitysecurityclearance（s）andtofurthertheCorporation'sbusinessobjectives,thePartiesintendtobeboundbytheprovisionsoftheAgreement;

NOWTHEREFORE,itisexpresslyagreedbyandbetweenthePartiesthatthisAgreementisherebycreatedandestablished,subjecttothefollowingtermsandconditions,towhichallofthePartiesexpresslyassentandagree:

ORGANIZATION

ARTICLEI-ManagementoftheCorporation'sBusiness

1.01.CompositionoftheCorporationBoardofDirectors.

TheBoardofDirectorsoftheCorporation（"theCorporationBoard"）,shallbeappointedbytheParentCorporationandshallbecomposedof:

（i）aminimumofthreeindividualswhohavenopriorrelationshipwiththeCorporationortheAffiliates（the“OutsideDirectors”）,exceptasotherwiseallowedbyDoD（ii）atleastonerepresentativeoftheParentCorporation（the"InsideDirector"）,and（iii）oneormoreclearedofficer（s）oftheCorporation（the"Officer/Director"）.ThenumberofInsideDirectorsshallnotexceedthecombinedtotalofOutsideDirectorsandOfficer/Directors.Exceptasspecificallyprovidedherein,eachmemberoftheCorporationBoard,howevercharacterizedbythisSection1.01,shallhavealloftherights,powers,andresponsibilitiesconferredorimposedupondirectorsofthecompanybyapplicablestatutesandregulations,andbytheCorporation’scharterandby-laws.TheChairmanoftheCorporationBoard,aswellasitskeymanagementpersonnel,mustberesidentcitizensoftheUnitedStateswhohaveorwhoareeligibletopossessDoDpersonnelsecurityclearancesatheleveloftheCorporation’sfacilitysecurityclearances.Inaddition,theChairmanoftheCorporationBoardshallnotbeanInsideDirector.AlldirectorsoftheCorporationshallsatisfythepertinentrequirementsestablishedinSection3.01below.TheOutsideDirectorsmaynotberemovedwithoutpriornoticetoandwrittennoticestatingnoobjectionfromtheDefenseSecurityService（“DSS”）.AppointmentsofneworreplacementOutsideDirectors,shallnotbecomefinaluntilapprovedbyDSS.

1.02.ActionsbytheCorporationBoard.

a.NoactionmaybetakenbytheCorporationBoardoranycommitteethereof,intheabsenceofaquorum,asdefinedbelow.

b.AmajorityoftheCorporationBoard,includingatleastoneInsideDirectorandoneOutsideDirector,shallbenecessarytoconstituteaquorum.WithrespecttotheGovernmentSecurityCommittee（seeSection7.01below）,amajorityoftheCommitteeshallbenecessarytoconstituteaquorum.WithrespecttoallotherstandingcommitteesoftheCorporationBoard,includingtheCompensationCommittee（seeArticleVIIIbelow）,amajorityofsuchcommittee,includingatleastoneOutsideDirectorandoneInsideDirector,shallbenecessarytoconstituteaquorum.

ARTICLEII-LimitationsontheCorporationBoard

2.01TheCorporationBoardshallnotbeauthorizedtotakeanyoftheactionsspecifiedinsubsections2.01a.through2.01d.below,unlessitshallhavereceived,withrespecttoeachsuchaction,thepriorwrittenapprovaloftheParentCorporation.

a.Thesale,leaseorotherdispositionofanyoftheproperty,assetsorbusinessoftheCorporation,orthepurchaseofanypropertyorassetsbytheCorporationthatisotherthanintheordinarycourseofbusiness;

b.Themerger,consolidation,reorganization,dissolutionorliquidationoftheCorporation;

c.ThefilingormakingofanypetitionundertheFederalBankruptcyCodeoranyapplicablebankruptcylaworotheractsofsimilarcharacter;or

d.TheinitiationofactiontoterminatethisAgreement,exceptasprovidedinSection16.01below.

ARTICLEIII-Qualification,Appointment,andRemovalofDirectors;BoardVacancies

3.01DuringtheperiodthattheAgreementisinforce,theCorporationBoardshallbecomposedasprovidedinSection1.01hereof,anditsmembersshallmeetthefollowingadditionalrequirements:

a.Officers/DirectorsandOutsideDirectorsshallberesidentcitizensoftheUnitedStatesandhaveorbeeligibletohaveDoDpersonnelsecurityclearancesattheleveloftheCorporation’sfacilitysecurityclearance.

b.OutsideDirectorsshallhavebeenapprovedbyDSSassatisfyingtheappropriateDoDpersonnelsecurityrequirementsandtheapplicableprovisionsoftheAgreement.

c.TheInsideDirectors,intheircapacityasDirectorsoftheCorporation,shallnothaveDoDpersonnelsecurityclearances,regardlessofcitizenship,andtheyshallbeformallyexcludedfromaccesstoclassifiedinformationbyresolutionoftheCorporationBoard.

3.02.TheParentCorporation,asthesolestockholderoftheCorporation,mayremoveanymemberoftheCorporationBoardforanyreasonpermittedbytheprovisionsofapplicablestatelawortheCorporation'sCertificateofIncorporat