Exhibit 10(f)(3)

LONG TERM PERFORMANCE SHARE AWARD AGREEMENT
PURSUANT TO THE
COMTECH TELECOMMUNICATIONS CORP.
2000 STOCK INCENTIVE PLAN
 
THIS LONG TERM PERFORMANCE SHARE AWARD AGREEMENT (this “Agreement”), made
effective as of [GRANT DATE], by and between Comtech Telecommunications Corp.
(the “Company”) and [PARTICIPANT NAME] (the “Participant”).

WHEREAS, the Board of Directors of the Company (the “Board”) adopted, and the
stockholders of the Company approved, the Comtech Telecommunications Corp. 2000
Stock Incentive Plan (Amended and Restated Effective March 6, 2018) (as amended
and/or restated from time to time, the “Plan”);

WHEREAS, pursuant to Section 3.3 of the Plan, the Committee appointed by the
Company’s Board of Directors to administer the Plan (the “Committee”) has
adopted the Guidelines for Deferrable Long Term Performance Shares Granted under
the Plan, as amended and in effect at the date hereof (the “Guidelines”);

WHEREAS, the Company, through the Committee under the Plan, wishes to grant to
the Participant a Performance Share Award under Article IX of the Plan that,
following the achievement of the specified levels of performance, as set forth
on the document titled “Performance Goals and Corresponding Earned Shares”
attached hereto as Appendix A (the “Performance Goals”), and, subject to the
Participant’s continuing service with the Company or an Affiliate through the
applicable Annual Certification Date (as defined below), may provide for the
issuance of a number of shares of the Company’s Common Stock corresponding to
the level of achievement of the Performance Goals (subject to accelerated
earning, vesting and payment of such shares as specifically provided herein);

WHEREAS, the Performance Goals are intended to constitute “Performance Goals,”
as set forth under the Plan; and

WHEREAS, such shares of Common Stock, when issued to the Participant, shall be
subject to the terms of this Agreement.

NOW, THEREFORE, the Company and the Participant agree as follows

1. Grant of Performance Share Award.  Subject to the restrictions, terms and
conditions of the Plan, the Guidelines and this Agreement, on [GRANT DATE] (the
“Grant Date”) the Company awarded and granted to the Participant an award under
Article IX of the Plan with the designated target number of [TARGET PERFORMANCE
SHARES] Performance Shares (the “Target Performance Shares”), and providing to
the Participant a conditional right to earn the Target Performance Shares, or a
number of Performance Shares for each Applicable Performance Period (as defined
below) ranging from 70% (at each applicable Threshold Performance level) to 200%
(at each applicable Maximum Performance level) of the Target Performance Shares,
by achievement of the designated levels of performance of each performance
criteria as specified in the Performance Goals attached hereto as Appendix A,
the earning of which would entitle the Participant to receive for each
Performance Share earned, in accordance with Section 2 below, one share of
Common Stock, subject to the provisions of Sections 3 and 4 below (the
“Performance Share Award”).  The Performance Shares granted under the
Performance Share Award are

--------------------------------------------------------------------------------

Deferrable Performance Shares under the Guidelines, and the payment of shares of
Common Stock following vesting of Earned Shares (as defined below) in accordance
with the terms and conditions of this Agreement may be deferred by the
Participant in accordance with Section 4.2 of the Guidelines.  If the
Participant desires to defer the payment of Earned Shares, the Participant must
complete an election form prescribed by the Committee and deliver it to the
Company no later than six months before the end of the Applicable Performance
Period (as defined in Section 2) or, if earlier, the date the number of
Performance Shares to be earned has become readily ascertainable within the
meaning of Treasury Regulation Section 1.409A-2(a)(8).

2.  Certification; Vesting Date.  Subject to the Participant’s not incurring a
Termination of Employment prior to the applicable Annual Certification Date
(except as otherwise specifically set forth in this Agreement), upon the
Committee determining and certifying the achievement of the Applicable
Performance Goals on each of the applicable Annual Certification Dates with
respect to the performance period beginning on August 1, 2018 and ending on July
31, 2021 (the “Full Three-Year Performance Period”), the performance period
commencing on August 1, 2018 and ending on July 31, 2019, or the performance
period beginning on August 1, 2018 and ending on July 31, 2020 (each an
“Applicable Performance Period”), the Participant shall vest in the right to
receive one share of Common Stock for each Performance Share earned based on the
level of attainment of the applicable Performance Goals for the Applicable
Performance Period in accordance with Appendix A (“Earned Shares”) during the
Applicable Performance Period, subject to the Participant remaining employed
through the applicable Annual Certification Date, except as otherwise provided
in Section 3.  The Committee shall certify the level of achievement of each of
the Performance Goals no later than seventy-five (75) days following the end of
the Applicable Performance Period (the date of each such certification the
“Annual Certification Date”, and the date of the Annual Certification Date
following the Full Three-Year Performance Period, the “Final Certification
Date”), at which time a number of Earned Shares calculated in accordance with
this Section 2 and Appendix A hereto shall become earned and vested. All
Performance Shares that do not become Earned Shares following the Committee’s
certification on the Final Certification Date under the terms hereof shall be
forfeited on such Final Certification Date.

3.  Death or Disability/Change in Control before the Final Certification Date;
Effect of Terminations of Employment.

3.1. Death, Disability and Termination of Employment. 

(i)
In the event of the Participant’s death or Disability prior to the Final
Certification Date and prior to forfeiture of the Performance Shares, the
Performance Goals for the Full Three-Year Performance Period shall be deemed to
be satisfied at a level equal to the greater of the designated Target
Performance level or the Projected Performance Level (as defined in Appendix A)
as of the date of such death or Disability, and the resulting number of Earned
Shares less any Earned Shares earned and vested for a prior completed Applicable
Performance Period (if any), shall become fully vested and shall (subject to
Plan Section 17.13) be distributed to the Participant or his or her beneficiary
within sixty (60) days following the end of the fiscal quarter in which the
Participant’s death or Disability occurs.  The term “Disability” shall have the
meaning as set forth in Plan Section 2.14 treating the Performance Shares as
being subject to Code Section 409A, provided that a “Disability” shall be deemed
to have occurred only if it qualifies as a disability within the meaning of
Treasury Regulation Section 1.409A-1(e)(1).

(ii)
In the event of the Participant’s Termination of Employment without Cause (and
other than due to death or Disability) on a date that is both prior to the Final
Certification Date and

--------------------------------------------------------------------------------

prior to a 409A Change in Control occurring, the Participant shall earn for each
Applicable Performance Period not completed on the date of the Termination of
Employment a number of Earned Shares (which shall not be less than zero) in an
amount equal to: (I) the product of (x) the number of Performance Shares the
Participant would have earned based on the projected achievement of each of the
Performance Goals for the Applicable Performance Period which shall be
calculated utilizing the actual achievement of the applicable portion of the
Performance Goals and assuming the same level of performance through the end of
the Applicable Performance Period, measured on the last day of the fiscal
quarter in which the Termination of Employment without Cause occurs, times (y) a
fraction, the numerator of which is the number of days during the Applicable
Performance Period in which the Participant was employed, and the denominator of
which is the number of days in the Applicable Performance Period; less (II) any
Earned Shares earned and vested for any previously completed Applicable
Performance Periods. The resulting number of Earned Shares (if any) shall become
fully vested and shall (subject to Plan Section 17.13) be distributed to the
Participant (i) with respect to the previously vested Earned Shares described in
clause (II) above, within sixty (60) days following the Participant’s
Termination of Employment without Cause and (ii) with respect to the remaining
Earned Shares, within sixty (60) days following the end of the fiscal quarter in
which the Participant’s Termination of Employment without Cause occurs.

(iii)
In the event of any Termination of Employment (other than a Termination of
Employment without Cause or due to death or after Disability) prior to the Final
Certification Date, except as otherwise provided in Section 3.2 (with respect to
Alternative Performance Shares following a 409A Change in Control), all
Performance Shares, other than vested Earned Shares, shall be forfeited on the
date of such Termination of Employment, and the vested Earned Shares shall
(subject to Plan Section 17.13) be distributed to the Participant in accordance
with Section 4 hereof, subject to Participant’s timely execution and
non-revocation of a release, in a form requested by the Company.  

3.2.   409A Change in Control.  In the event of a 409A Change in Control prior
to the Final Certification Date, the Performance Goal shall be deemed to be
satisfied at a level equal to the greater of the designated Target Performance
level or the Projected Performance Level (as defined in Appendix A) as of the
date of such 409A Change in Control, and the resulting number of earned
Performance Shares, less any previously vested Earned Shares, shall be deemed to
be Earned Shares, shall become fully vested as of the 409A Change in Control
(including in the case of a Participant whose employment terminated between the
time of the 409A Change in Control and the Assumption Deadline (as defined
below)) and all vested Earned Shares shall (subject to Plan Section 17.13) be
distributed to the Participant within sixty (60) days following the end of the
fiscal quarter in which the 409A Change in Control occurs, provided, that,
notwithstanding the foregoing, the Committee may reasonably determine in good
faith but subject to and only in accordance with Section 409A of the Code, prior
to the Assumption Deadline, that any Performance Shares that are not Earned
Shares shall be honored or assumed, or new awards substituted therefor (each
such honored, assumed or substituted Performance Share hereinafter called an
"Alternative Performance Share"), by Participant's employer (or the parent or a
subsidiary of such employer) by the Assumption Deadline, no acceleration of
earning or vesting shall occur with respect to the Performance Shares solely due
to such event, provided that such Alternative Performance Shares must meet the
following criteria:

(i)
Each Alternative Performance Share must be based on stock which is traded on an
established securities market, or which will be so traded within 30 days after
the 409A Change in Control, or provide for a cash payment not less than the cash
value of the

--------------------------------------------------------------------------------

Performance Share based on the highest consideration per share received by a
holder of Common Stock in the transaction or series of transactions that gave
rise to the 409A Change in Control;

(ii)
The Alternative Performance Shares must provide such Participant with rights,
terms, conditions and entitlements substantially equivalent to or better than
the rights, terms, conditions and entitlements applicable under the Performance
Shares, including, but not limited to, an identical or better vesting schedule
than applied prior to the 409A Change in Control;

(iii)The Alternative Performance Share must have economic value substantially
equivalent to the value of each Performance Share (such equivalent values to be
determined as of the time of the 409A Change in Control);

(iv)
In furtherance of clause (ii) above, the performance goal applicable to the
Alternative Performance Shares (the “Alternative Performance Goal”) and the
corresponding level at which Alternative Performance Shares shall be earned must
be determined by the Committee to be not less probable of being achieved than
the Performance Goal immediately prior to the 409A Change in Control (assuming
the 409A Change in Control had not occurred and assuming that the Company had
incurred no expense in connection with the 409A Change in Control);

(v)
The Alternate Performance Shares must be structured in a manner intended to
comply with Section 409A of the Code to avoid any adverse tax consequences
thereunder, to the extent applicable;

(vi)
The Alternative Performance Shares shall provide that, in the event that, within
two years following the 409A Change in Control and prior to the Final
Certification Date, either the Participant has a Termination of Employment by
his or her employer other than for Cause (with the result that immediately
thereafter the Participant is not employed by such employer or its parent or
other affiliates or that the Alternative Performance Shares otherwise would be
forfeited under their terms but for this provision), or if the Participant would
be paid a CIC Payment under Section 3(b)(i) of the Company’s Change-in-Control
Agreement upon a Termination of Employment by the Participant for “Good Reason”
(however designated), or under any other agreement with the employer or its
parent or other affiliates and Participant effects a Termination of Employment
for such Good Reason, then the Alternative Performance Goal for the Full
Three-Year Performance Period shall be deemed to be satisfied at the Maximum
Performance level as of the date of such Termination of Employment, and the
resulting number of earned Alternative Performance Shares less any Performance
Shares previously earned for a completed Applicable Performance Period, which
together with Earned Shares previously earned and vested for previously
completed Applicable Performance Periods (if any) shall be the resulting Earned
Shares (or awarded cash), shall become fully vested (to the extent not vested
prior thereto) and shall be distributed to the Participant within five business
days thereafter.

(vii)
Any changes after the 409A Change in Control to the businesses the performance
of which is measured under the Alternative Performance Goal, including but not
limited to asset sales or dispositions, reorganizations, restructurings,
acquisitions, or discontinuations of operations, that will or could have an
adverse effect on the performance criteria under the Alternative Performance
Goal during the Full Three-Year Performance Period shall be accompanied by
adjustments to the Alternative Performance Goal so that such changes do

--------------------------------------------------------------------------------

not reduce the probability of the Performance Goal being achieved at the level
that would have been obtained in the absence of such changes.

For purposes of this Section 3.2, the “Assumption Deadline” shall be the date of
the 409A Change in Control if the Company had at least 20 days’ advance notice
that the 409A Change in Control was anticipated to occur, and otherwise the
Assumption Deadline shall be the date ten business days after the 409A Change in
Control.

The provisions of this Agreement supersede Plan Section 14.1(a).

4.  Distribution of Earned Shares. Vested Earned Shares shall be distributed to
the Participant on the Final Certification Date; provided, that in the event the
Participant has made a valid deferral election in accordance with Section 4.2 of
the Guidelines the vested Earned Shares shall be distributed to the Participant
in accordance with such deferral election and the Guidelines (a “Deferral
Election”).

Except as otherwise provided herein, there shall be no proportionate or partial
vesting in the periods prior to the applicable Annual Certification Dates and
all vesting shall occur only on the applicable Annual Certification Dates. 

5. Dividend Equivalents. In the event that the Company declares and pays
ordinary cash dividends on its outstanding Common Stock the record date for
which is on or after the Grant Date and on or before the date of distribution of
Earned Shares (including during any period of deferral at the election of the
Participant), the Participant shall be credited, as of the dividend payment
date, for each Performance Share that is potentially earnable under this
Agreement, a cash amount equivalent to the cash amount paid at that date on one
share of Common Stock, under Section 9.2(d) of the Plan. Such credited cash
amount of dividend equivalents shall be earned and vested if and only if the
related Performance Share becomes earned and vested (i.e., it is forfeitable to
the same extent as the related Performance Share). No interest will be credited
on accrued dividend equivalents. Dividend equivalents will be distributable at
such time as the Earned Shares resulting from the earning and vesting of the
Performance Shares to which the dividend equivalents relate are distributed;
provided, however, that the Company may withhold cash dividend equivalents to
satisfy then applicable tax withholding obligations relating to Earned Shares
(to minimize the number of Earned Shares being withheld to satisfy tax
obligations) under Section 12.

6.  Detrimental Activity.  In the event the Participant engages in Detrimental
Activity prior to, or during the one year period following the earlier of the
Participant’s Termination of Employment or the Final Certification Date, the
Committee may direct (at any time within one year thereafter) that all
Performance Shares shall be immediately forfeited to the Company and that the
Participant shall pay over to the Company an amount equal to the gain realized
at the time of vesting and distribution of any Earned Shares. 

7.  Restrictions on Transfer.  The Participant shall not sell, negotiate,
transfer, pledge, hypothecate, assign, encumber, anticipate or otherwise dispose
of the Performance Share Award or Performance Shares, and such Performance Share
Award and Performance Shares shall not be subject to attachment or garnishment
by creditors of Participant or Participant’s beneficiaries (if any), except as
specifically permitted by the Plan and this Agreement, and only to the extent
permitted under Code Section 409A.  Any attempted Transfer in violation of this
Agreement and the Plan shall be void and of no effect. 

8.  Issuance Restrictions.  The Company is not obligated to issue any securities
if, in the opinion

--------------------------------------------------------------------------------

of counsel for the Company, the issuance of such Common Stock shall constitute a
violation by the Participant or the Company of any provisions of any law or of
any regulations of any governmental authority or any national securities
exchange.

9.  Securities Representations.  The shares of Common Stock will be issued to
the Participant and this Agreement is being made by the Company in reliance upon
the following express representations and warranties of the Participant.  The
Participant acknowledges, represents and warrants that:

9.1.  The Participant has been advised that the Participant may be an
“affiliate” within the meaning of Rule 144 under the Securities Act and in this
connection the Company is relying in part on the Participant’s representations
set forth in this section;

9.2.  The Common Stock must be held indefinitely by the Participant unless (i)
an exemption from the registration requirements of the Securities Act is
available for the resale of such Common Stock or (ii) the Company files an
additional registration statement (or a “re-offer prospectus”) with regard to
the resale of such Common Stock and the Company is under no obligation to
continue in effect a Form S-8 Registration Statement or to otherwise register
the resale of the Common Stock (or to file a “re-offer prospectus”);

9.3. The exemption from registration under Rule 144 will not be available under
current law unless (i) a public trading market then exists for the Common Stock,
(ii) adequate information concerning the Company is then available to the
public, and (iii) other terms and conditions of Rule 144 or any exemption
therefrom are complied with and that any sale of the Common Stock may be made
only in limited amounts in accordance with such terms and conditions.

10.  Not an Employment Agreement.  Neither the execution of this Agreement nor
the issuance of the Performance Share Award or the Common Stock hereunder
constitute an agreement by the Company to employ or to continue to employ the
Participant during the entire, or any portion of, the term of this Agreement,
including but not limited to any period during which any shares of Common Stock
are outstanding.

11.  Power of Attorney.  The Company, its successors and assigns, is hereby
appointed the attorney-in-fact, with full power of substitution, of the
Participant for the purpose of carrying out the provisions of this Agreement and
taking any action and executing any instruments which such attorney-in-fact may
deem necessary or advisable to accomplish the purposes hereof, which appointment
as attorney-in-fact is irrevocable and coupled with an interest.  The Company,
as attorney-in-fact for the Participant, may in the name and stead of the
Participant, make and execute all conveyances, assignments and transfers of
Common Stock and property provided for herein, and the Participant hereby
ratifies and confirms that which the Company, as said attorney-in-fact, shall do
by virtue hereof.  Nevertheless, the Participant shall, if so requested by the
Company, execute and deliver to the Company all such instruments as may, in the
judgment of the Company, be advisable for this purpose.

12.  Withholding.  The Participant acknowledges that the Participant is solely
responsible for all applicable foreign, federal, state, and local taxes with
respect to the Performance Share Award and the payments thereunder; provided,
however, that at any time the Company is required or permitted to withhold any
such taxes (including, without limitation, any employment taxes), the
Participant shall pay, or make arrangements to pay, in a manner satisfactory to
the Company, an amount equal to the amount of all applicable federal, state and
local or foreign taxes that the Company is required or permitted to withhold at
any time, including, if then permitted by the Company, by electing to

--------------------------------------------------------------------------------

reduce the number of shares of Common Stock otherwise then deliverable to the
Participant under this Agreement.  Unless the Participant has informed the
Company of the Participant’s intent to make alternate arrangements to satisfy
the Participant’s withholding obligations satisfactory to the Company within
either sixty (60) days in advance of the applicable tax date or at a time when
the participant is not otherwise precluded from trading Common Stock under the
Company’s insider trading policies (unless otherwise determined by the Company)
and relevant amounts are actually paid, the Company or one of its Affiliates
shall have the automatic right to withhold such taxes from any amounts payable
to the Participant (including salary, wages and other compensation), including,
but not limited to, the right to withhold shares of Common Stock otherwise
deliverable to the Participant under this Agreement. The Company will withhold
taxes (e.g., federal, state and local taxes, including payroll taxes) in an
amount at least equal to the statutory minimum taxes required to be withheld;
provided, however, at the Participant’s advance election the participant may
request the Company withhold additional amounts up to the Participant’s maximum
individual tax rate in each relevant jurisdiction applicable to the Participant
at such time of withholding, so long as the withholdings do not result in this
Performance Share Award being classified as a liability-based award in
accordance with applicable accounting standards.

13.  Miscellaneous.

13.1. This Agreement shall inure to the benefit of and be binding upon the
parties hereto and their respective heirs, personal legal representatives,
successors, trustees, administrators, distributees, devisees and legatees.  The
Company may assign to, and 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 or any affiliate by which the
Participant is employed to expressly assume and agree in writing to perform this
Agreement.  Notwithstanding the foregoing, the Participant may not assign this
Agreement other than with respect to shares of Common Stock Transferred in
compliance with the terms hereof.

13.2.  This award of the Performance Share Award and the issuance of Common
Stock thereunder shall not affect in any way the right or power of the Board or
stockholders of the Company to make or authorize an adjustment, recapitalization
or other change in the capital structure or the business of the Company, any
merger or consolidation of the Company or subsidiaries, any issue of bonds,
debentures, preferred or prior preference stock ahead of or affecting the Common
Stock, the dissolution or liquidation of the Company, any sale or transfer of
all or part of its assets or business or any other corporate act or proceeding. 
Performance Shares and Earned Shares shall be subject to adjustment in
accordance with Section 4.2(b) of the Plan, including during any period in which
payment of the Award is deferred at the election of Participant.  For clarity,
ordinary dividends on Common Stock will not trigger adjustments to Performance
Shares and Earned Shares, and any adjustments to Performance Shares and Earned
Shares shall take into account dividend equivalents credited thereon under
Section 5.

13.3.  The Participant agrees that the award of the Performance Share Award
under this Agreement and the issuance of Common Stock thereunder is special
incentive compensation and that the Performance Share Award (even if treated as
compensation for tax purposes) will not be taken into account as “salary” or
“compensation” or “bonus” in determining the amount of any payment under any
pension, retirement or profit-sharing plan of the Company or any life insurance,
disability or other benefit plan of the Company.

13.4. No modification or waiver of any of the provisions of this Agreement shall
be effective unless in writing and signed by the party against whom it is sought
to be enforced.

--------------------------------------------------------------------------------

13.5. The failure of any party hereto at any time to require performance by
another party of any provision of this Agreement shall not affect the right of
such party to require performance of that provision, and any waiver by any party
of any breach of any provision of this Agreement shall not be construed as a
waiver of any continuing or succeeding breach of such provision, a waiver of the
provision itself, or a waiver of any right under this Agreement.

13.6.  The headings of the sections of this Agreement have been inserted for
convenience of reference only and shall in no way restrict or modify any of the
terms or provisions hereof.

13.7. All notices, consents, requests, approvals, instructions and other
communications provided for herein shall be in writing and validly given or made
when delivered, or on the second succeeding business day after being mailed by
registered or certified mail, whichever is earlier, to the persons entitled or
required to receive the same, at the addresses set forth at the heading of this
Agreement or to such other address as either party may designate by like
notice.  Notices to the Company shall be addressed to the Compensation Committee
of the Board.

13.8. This Agreement shall be construed, interpreted and governed and the legal
relationships of the parties determined in accordance with the internal laws of
the State of Delaware without reference to rules relating to conflicts of law.

13.9. The right to receive each payment of Earned Shares shall be treated as a
separate award for purposes of Section 409A of the Code.

14.  Rights as a Stockholder.  The Participant shall have no rights as a
stockholder with respect to any shares of Common Stock covered by the
Performance Share Award unless and until the Participant has become the holder
of record of the shares of Common Stock. 

15.  Provisions of Plan Control.  This Agreement is subject to all the terms,
conditions and provisions of the Plan, including, without limitation, the
amendment provisions thereof, and to such rules, regulations and interpretations
relating to the Plan as may be adopted by the Committee and as may be in effect
from time to time.  The Plan is incorporated herein by reference.  A copy of the
Plan has been delivered to the Participant.  If and to the extent that this
Agreement conflicts or is inconsistent with the terms, conditions and provisions
of the Plan, unless this Agreement expressly provides otherwise, the Plan shall
control, and this Agreement shall be deemed to be modified accordingly.  Unless
otherwise indicated, any capitalized term used but not defined herein shall have
the meaning ascribed to such term in the Plan.  This Agreement contains the
entire understanding of the parties with respect to the subject matter hereof
(other than any other documents expressly contemplated herein or in the Plan)
and supersedes any prior agreements between the Company and the Participant.

16.  Agreement and Grant Not Effective Unless Accepted. By signing below the
Participant agrees (i) to enter into this Agreement, and (ii) to the terms and
conditions of the Agreement. Until the Participant signs below and the Agreement
is countersigned by the Company, this Performance Share Award shall not be
effective and, if the Participant does not sign below and return to the Company
within 14 days from the date the Agreement is made available to the Participant,
this Performance Share Award shall be null and void.

IN WITNESS WHEREOF, the parties have executed this Agreement on the date and
year first above written.

--------------------------------------------------------------------------------

 
COMTECH TELECOMMUNICATIONS CORP.
Employee’s Signature
 
Social Security No.
 
 
 
By:
 
Home Address:
 
 
Authorized Officer
 
Street
 
 
 
 
 
City State Zip Code
 

--------------------------------------------------------------------------------

APPENDIX A

LONG TERM PERFORMANCE SHARE AWARD AGREEMENT
Performance Goal and Corresponding Earned Shares
Under the Comtech Telecommunications Corp.
2000 Stock Incentive Plan, as Amended and Restated March 6, 2018

Fiscal 2019 - 2021 Performance Period

The Participant shall earn Performance Shares in accordance with the provisions
set forth below, with any earned Performance Shares constituting Earned Shares
under the Participant’s Long Term Performance Share Award Agreement of which
this Appendix is a part (the “Performance Share Agreement”). Capitalized terms
in this Appendix shall have the meanings as defined in the Performance Share
Agreement.

Participant’s Target Performance Shares will be allocated to the Performance
Goals (as defined below) as follows:
(i)    GAAP Shares. 50% of the Participant’s Target Performance Shares will be
allocated to the Company’s achievement of GAAP Revenue (as defined below) (“GAAP
Shares”); and
(ii)    EBITDA Shares. 50% of the Participant’s Target Performance Shares will
be allocated to the Company’s achievement of Adjusted EBITDA (as defined below)
(“EBITDA Shares”).

The number of Performance Shares earned by Participant for the Full Three-Year
Performance Period shall be determined as of July 31, 2021 as follows:
•
The GAAP Shares may be earned based on the Company’s cumulative GAAP revenues in
fiscal 2019 -2021 as reflected in the Company’s annual financial statement for
the Applicable Performance Period (“GAAP Revenue”);and

•
The EBITDA Shares may be earned based on the Company’s cumulative adjusted
earnings before interest, taxes, depreciation and amortization (“Adjusted
EBITDA”, as defined below and together with GAAP Revenue, the “Performance
Goals”) for fiscal 2019 -2021;

determined based on the following grid (in thousands):

Performance Criteria for Full Three-Year Performance Period
Threshold (000s)
Target (000s)
Maximum (000s)
Fiscal 2019 - 2021 GAAP Revenue
$[Ÿ]
$[Ÿ]
$[Ÿ]
Fiscal 2019 - 2021 Adjusted EBITDA
$[Ÿ]
$[Ÿ]
$[Ÿ]

Notwithstanding the foregoing, the earning of the Performance Shares shall
accelerate (reducing the number of unearned Performance Shares) prior to the end
of the Full Three-Year Performance Period determined as of July 31, 2019 and
July 31, 2020, respectively, as follows:

33% of the GAAP Shares and 33% of the EBITDA Shares shall be subject to
accelerated earning based on the following grid (in thousands):

--------------------------------------------------------------------------------

Performance Criteria for First Applicable Performance Period
Threshold (000s)
Target (000s)
Maximum (000s)
Fiscal 2019 GAAP Revenue
$[Ÿ]
$[Ÿ]
$[Ÿ]
Fiscal 2019 Adjusted EBITDA
$[Ÿ]
$[Ÿ]
$[Ÿ]

Up to a total of 66% of the GAAP Shares and up to a total of 66% of the EBITDA
Shares shall be subject to accelerated earning based on the following grid (in
thousands):
 
Performance Criteria for Second Applicable Performance Period
Threshold (000s)
Target (000s)
Maximum (000s)
Fiscal 2019-2020 GAAP Revenue
$[Ÿ]
$[Ÿ]
$[Ÿ]
Fiscal 2019-2020 Adjusted EBITDA
$[Ÿ]
$[Ÿ]
$[Ÿ]

Participant shall earn 70% of the applicable percentage of eligible Target
Performance Shares for “Threshold Performance,” 100% of the applicable
percentage of eligible Target Performance Shares for “Target Performance,” and
200% of the applicable percentage of eligible Target Performance Shares for
“Maximum Performance.” In the event of achievement of a Performance Goal between
performance levels, the number of Earned Shares will be determined based upon
linear interpolation.

For purposes of the Performance Shares, “Adjusted EBITDA” shall be calculated as
earnings before interest, income taxes, depreciation and amortization of
intangibles, stock-based compensation, costs associated with exit or disposal
activities under FASB ASC Topic 420, impairment loss on goodwill or long-lived
intangibles under FASB ASC Topics 350 and 360, expenses relating to a potential
or actual Change in Control (as defined in Section 14.2 of the 2000 Plan),
including expenses associated with an actual or potential proxy contest,
expenses in connection with a potential or actual purchase business combination,
including the write-off of purchased in-process research and development under
FASB ASC Topic 805, or other related accounting literature, expenses associated
with termination of employees under FASB ASC Topics 420, 712, or 715, or other
related accounting literature, any adjustment to income before provision of
income taxes as required by adoption of a new accounting standard, and any
extraordinary item. Adjusted EBITDA shall be calculated in a manner consistent
with the adjusted EBITDA non-GAAP operating metric used by management in
assessing the Company's operating results.

In connection with the death or Disability of the Participant or 409A Change in
Control of the Company during the Full Three-Year Performance Period, the
Committee shall (if required by the Performance Share Agreement) calculate a
“Projected Performance Level” as the level of performance that would have been
achieved over the Full Three-Year Performance Period if the rate of performance
of each performance criteria from the beginning of the Full Three-Year
Performance Period through the end of the fiscal quarter in which the
Participant’s death or Disability or the 409A Change in Control occurred had
been sustained through the remaining fiscal quarters of the Full Three-Year
Performance Period. If such death or Disability of the Participant or 409A
Change in Control occurs after the Full Three-Year Performance Period but prior
to the Final Certification Date, the Projected Performance Level shall be the
actual performance level achieved for the Full Three-Year Performance Period.

--------------------------------------------------------------------------------

Determinations of the Committee regarding the level of achievement of the GAAP
Revenue goals and the Adjusted EBITDA goals, and the resulting Performance
Shares earned, and related matters, will be final and binding on the
Participant.