Company: MRCY
Filing Date: 2025-09-10
Form Type: DEF 14A
Source: 0001049521-25-000029
Chunk: 98

Company: MERCURY SYSTEMS INC
Filing Date: 2025-09-10
Form: DEF 14A
Chunk 98
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qq. "Substitute Award" means an Award granted under Section 3(e).

rr. "Term" means the maximum period during which a Stock Appreciation Right or Stock Option may remain outstanding, subject to earlier termination upon Termination of Service or otherwise, as specified in the applicable Award Agreement.

ss. "Termination of Service" means the termination of the applicable Participant's employment with, or performance of services for, the Corporation and its Subsidiaries and Affiliates. Unless otherwise determined by the Committee: (i) if a Participant's employment with the Corporation and its Subsidiaries and Affiliates terminates but such Participant

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continues to provide services to the Corporation or a Subsidiary or Affiliate on a regular basis in a non-employee capacity (or vice versa), such change in status shall not be deemed a Termination of Service, (ii) a Participant employed by, or performing services for, a Subsidiary or an Affiliate shall be deemed to incur a Termination of Service if, as a result of a Disaffiliation, such Subsidiary or Affiliate ceases to be a Subsidiary or Affiliate, as the case may be, and the Participant does not immediately thereafter become an employee of, or provider of services on a regular basis to, the Corporation or another Subsidiary or Affiliate, and (iii) a Participant shall not be deemed to have incurred a Termination of Service solely by reason of such individual's incurrence of a Disability. Temporary absences from employment or the provision of services, including because of illness, vacation or leave of absence, or transfers among the Corporation and its Subsidiaries and Affiliates, shall not be considered a Termination of Service. Notwithstanding the foregoing provisions of this definition, with respect to any Award that constitutes "nonqualified deferred compensation" subject to Section 409A of the Code, a Participant shall be considered to have experienced a "Termination of Service" if the Participant has experienced a 409A Separation of Service, and a Participant shall not be considered to have experienced a "Termination of Service" if the Participant has not experienced a 409A Separation from Service.

#### SECTION 2. ADMINISTRATION
a. Committee. This Plan shall be administered by the Board directly, or if the Board elects, by the Human Capital and Compensation Committee or such other committee of the Board as the Board may from time to time designate, which committee