Company: MRCY
Filing Date: 2025-09-10
Form Type: DEF 14A
Source: 0001049521-25-000029
Chunk: 117

Company: MERCURY SYSTEMS INC
Filing Date: 2025-09-10
Form: DEF 14A
Chunk 117
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f. Designation of Death Beneficiary. To the extent the Committee permits beneficiary designations, the Committee may establish such procedures as it deems appropriate for a Participant to designate a beneficiary to whom any amounts payable in the event of such Participant's death are to be paid or by whom any rights of such Participant, after such Participant’s death, may be exercised.

g. Limits on Transferability of Awards . Unless otherwise expressly provided in this paragraph, (i) all Awards are non-transferable and shall not be subject in any manner to sale, transfer, anticipation, alienation, assignment, pledge, encumbrance or charge; (ii) Awards shall be exercised (if exercisable) only by the Participant; and (iii) amounts payable or Shares issuable pursuant to an Award shall be delivered only to (or for the account of) the Participant. The foregoing exercise and transfer restrictions shall not apply to: (A) transfers to the Corporation; (B) the designation of a beneficiary to receive benefits in the event of the Participant's death or, if the Participant has died, transfers to or exercise by the Participant's beneficiary, or, in the absence of a validly designated beneficiary, transfers to or exercise pursuant to will or the laws of descent and distribution; (C) transfers pursuant to a qualified domestic relations order (as defined in the Code) (in the case of Incentive Stock Options, to the extent such transfers are permitted by the Code); (D) if the Participant has suffered a Disability, transfers to or exercises on behalf of the Participant by his or her legal representative; or (E) transfers of Shares to a broker-dealer to fund the payment of any exercise or purchase price or tax withholding obligations of an Award as contemplated by Section 14(d). The Committee, by express provision in the Award Agreement or otherwise by its approval, may permit an Award (other than an Incentive Stock Option) to be transferred, for no consideration, to any other transferees, including the Participant's family members (as defined in General Instruction A.1(a)(5) to Form S-8 under the Securities Act); provided, however, that the terms "Disability" and "Termination of Service" shall continue to refer to the original Participant.

h. Governing Law and Interpretation. This Plan, and all Awards made and actions taken hereunder, shall be governed by and construed in accordance with the laws of the Commonwealth of Massachusetts, without reference to conflict of laws principles. The captions of