Exhibit 10.105
AWARD AGREEMENT SUPPLEMENT
This Award Agreement Supplement (this “Supplement”) provides terms that are part
of your Award Agreement (the “Agreement”) under the MetLife, Inc. 2015 Stock and
Incentive Compensation Plan (the “Plan”). In this Supplement, “Award” refers to
the Performance Shares, Restricted Stock Units, Stock Options, Performance
Units, Restricted Units, or Unit Options that are the subject of the Award
Agreement.
S-1. Code Section 162(m) Goals. To the extent the terms of your Award require
the Committee to determine in writing that the Company met one or more of the
Code Section 162(m) Goals:
(a) for Restricted Stock Units or Restricted Units divided into Unit Tranches,
the “Code Section 162(m) Goals shall be attainment of either or both of:
(1) Positive Company Adjusted Income for the calendar year immediately preceding
the end of the Period of Restriction; or
(2) Positive Company Total Shareholder Return for the calendar year immediately
preceding the end of the Period of Restriction.
(b) for Performance Shares or Performance Units, the “Code Section 162(m) Goals”
shall be the attainment of any one or more of:
(1) Positive Company Adjusted Income for the Performance Period.
(2) Positive Company Adjusted Income for the third calendar year of the
Performance Period.
(3) Positive Company Total Shareholder Return for the Performance Period.
(4) Positive Company Total Shareholder Return for the third calendar year of the
Performance Period.
(c) For purposes of this Section S-1, the following definitions shall apply:
(1) “Adjusted Income” means income from continuing operations before provision
for income tax, excluding net investment gains (losses) (determined in
accordance with Section 3(a) of Article 7.04 of SEC Regulation S-X), which
includes total net investment gains (losses) and net derivatives gains (losses).
(2) “Total Shareholder Return” means the change (plus or minus) from the Initial
Closing Price to the Final Closing Price, plus dividends (if any) actually paid
on Shares on a reinvested basis during the applicable period. “Initial Closing
Price” means the average Closing Price (as defined in Section S-9, “Closing
Price”) for the twenty (20) trading days prior to the first day of the
applicable period. “Final Closing Price” means the average Closing Price (as

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defined in Section S-9, “Closing Price”) for the twenty (20) trading days prior
to and including the final day of the applicable period.
S-2. Change of Status.
(a) The terms of this Section S-2 describe how various events affect your
Covered Award, subject to Sections 2 (“Non-Disparagement”), 3 (“Violation of
Agreement to Protect”), and 4 (“Restrictions Applicable to Insiders and Section
16 Officers”). “Covered Award” shall refer to:
(1) your unexercised Stock Options or Unit Options;
(2) your Restricted Stock Units or Restricted Units during their Period of
Restriction (Outstanding Unit Tranches during their Period of Restriction, in
case of Restricted Stock Units or Restricted Units divided into Unit Tranches);
or
(3) your Performance Shares or Performance Units during their Performance
Period.
(b) For purposes of this Section S-2, your transfer between the Company and an
Affiliate, or among Affiliates, will not be a termination of employment, but any
other termination of employment with the Company or any of its Affiliates
(including the end of your employer’s status as an Affiliate) will be a
termination of employment. The terms of this Section S-2 shall apply as
provided, except as otherwise determined by the Committee. Any payment will be
made at the time specified in Section S-8 (“Timing of Payment”).
(c) Long-Term Disability. In the event you qualify for long-term disability
benefits under a plan or arrangement offered by the Company or an Affiliate for
its Employees, or under another plan or arrangement designated for this purpose
by the Committee, then (subject to Section S-2(h), “Forfeiture Under Conditions
Potentially Covered by Code Section 457A”) the Standard Terms will continue to
apply to your Covered Award. Once this Section S-2(c) applies, then none of
Section S-2(d) (“Death”), Section S-2(e) (“Post-Employment Award Continuation”),
or Section S-2(g) (“Other Termination of Employment”) will apply to your Covered
Award, even if you subsequently return to active service. Section 2(f)
(“Termination for Cause”) will continue to apply to your Covered Award, and will
supersede the terms of this Section 2(c).
(d) Death. In the event that your employment with the Company or an Affiliate
terminates due to your death:
(1) all of your Stock Options or Unit Options in your Covered Award will be
immediately exercisable and will remain exercisable through the end of the
period provided by the Standard Terms; or
(2) any other Covered Award payable in Shares under the Standard Terms will be
due and payable in the form of Shares (or cash at a value equal to the number of
Shares otherwise payable under the Covered Award multiplied by Closing Price on
the date of your death, if so determined by the Committee), without
multiplication by any Final Performance

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Factor that might be applicable under the Standard Terms (in the case of
Performance Shares or Performance Units).
(3) any other Covered Award payable in cash under the Standard Terms will be due
and payable in cash at a value equal to the number of units in the Covered Award
multiplied by the Closing Price on the date of your death.
(e) Post-Employment Award Continuation.
(1) If your employment with the Company or an Affiliate terminates (other than
for Cause) on or after your Rule of 65 Date, as defined below, then (subject to
Section S-2(h), “Forfeiture Under Conditions Potentially Covered by Code Section
457A”), the Standard Terms will continue to apply to your Covered Award.
(2) For this purpose:
(a) the “Rule of 65 Date” means the date that the sum of your total completed
years of age plus total Service is equal to or greater than sixty-five (65), so
long as your Service (as defined below) is equal to or greater than five (5);
and
(b) “Service” means the aggregate number of completed years of employment with
the Company and its Affiliates (solely during your employer’s status as an
Affiliate), as conclusively determined by the Company without regard to any
later determinations or findings regarding your employment status by any third
party.
(f) Termination for Cause. In the event that your employment with the Company or
an Affiliate terminates for Cause, your Covered Award will be forfeited
immediately.
(g) Other Termination of Employment. If none of Sections S-2(c) (“Long Term
Disability”), (d) (“Death”), (e) (“Post-Employment Award Continuation”), or (f)
(“Termination for Cause”) applies, then:
(1) your Stock Options or Unit Options in your Covered Award that are
exercisable as of your date of termination will remain exercisable until the
close of business on the thirtieth (30th) day after the date of the termination
of your employment or until they would expire under the Standard Terms,
whichever period is shorter, and all of your Stock Options or Unit Options in
your Covered Award that are not exercisable at the date of termination of your
employment will be forfeited immediately upon your termination of employment;
(2) your Outstanding Unit Tranches in your Covered Award will be forfeited
immediately upon your termination of employment;
(3) your Restricted Stock Units or your Restricted Units in your Covered Award
(except where your Restricted Stock Units or Restricted Units are divided into
Outstanding Unit Tranches) will be forfeited immediately upon your termination
of employment unless you are offered a separation agreement by the Company or an
Affiliate under a severance program. To the extent your separation agreement
becomes final by March 15 of the calendar year after the separation agreement is
offered to you, your Prorated Units will be due and payable to you. The

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number of your “Prorated Units” will be determined by dividing the number of
calendar months, beginning with the month of the Grant Date, that have ended as
of the end of the month of the termination of your employment by thirty-six
(36), multiplying the result by the number of your Restricted Stock Units or
Restricted Units, and rounding to the nearest whole number; provided, however,
that if the date of the termination of your employment is prior to the first
anniversary of the Grant Date, then the number of your Prorated Units shall be
zero (0). Payment for each of your Prorated Units will be made in cash at a
value equal to the Closing Price on the Grant Date, and shall be rounded to the
nearest one-hundred U.S. dollars (U.S.$100.00). If your separation agreement
does not become final, the Restricted Stock Units or Restricted Units in your
Covered Award will be forfeited; or
(4) your Performance Shares or Performance Units in your Covered Award will be
forfeited immediately upon your termination of employment, unless you are
offered a separation agreement by the Company or an Affiliate under a severance
program. To the extent your separation agreement becomes final by March 15 of
the calendar year after the separation agreement is offered to you, your
Prorated Performance Shares/Units will be due and payable to you. The number of
your “Prorated Performance Shares/Units” will be determined by dividing the
number of calendar months in the Performance Period that have ended as of the
end of the month of the termination of your employment by thirty-six (36),
multiplying the result by the number of Performance Shares or Performance Units
in your Covered Award, and rounding to the nearest whole number, and, if you
were an Insider or an “officer” as defined for purposes of Section 16 of the
Exchange Act (a “Section 16 Officer”) at any time during the Performance Period,
further multiplying the result by the lesser of 100% or the Performance Factor;
provided, however, that if the date of the termination of your employment is
prior to the first anniversary of the beginning of the Performance Period, then
the number of your Prorated Performance Shares/Units shall be zero (0). Payment
for each of your Prorated Performance Shares/Units will be made in cash at a
value equal to the Closing Price on the Grant Date, and shall be rounded to the
nearest one-hundred dollars ($100.00); provided, however, that if you were an
Insider or a Section 16 Officer at any time during the Performance Period,
payment for each of your Prorated Performance Shares/Units will be made in cash
at a value equal to the lesser of the Closing Price on the Grant Date or the
Closing Price on the date the Committee determines the Performance Factor, and
shall be rounded to the nearest one-hundred dollars ($100.00). If your
separation agreement does not become final, the Performance Shares or
Performance Units in your Covered Award will be forfeited.
(h) Forfeiture Under Conditions Potentially Covered by Code Section 457A.
(1) Unless the Committee determines otherwise, this Section S-2(h) will apply to
the extent that:
(a) the provisions of Section S-2(c) (“Long Term Disability”), Section S-2(e)
(“Post-Employment Award Continuation”) or, if you were an Insider or Section 16
Officer during the Performance Period, Section 2(g)(4) apply to your Covered
Award;
(b) the Company determines that you provided services to the Company or an
Affiliate through an entity that would be deemed to be a “nonqualified entity”
under Code

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Section 457A for any portion of the 457A Basis Period, as defined below (such
portion of the Basis Period is the “457A Covered Period”); and
(c) the Company determines that Code Section 457A potentially applies to your
Covered Award.
(2) To the extent that this Section S-2(h) applies to your Covered Award:
(a) the pro rata portion of your Covered Award represented by the 457A Covered
Period as a portion of the 457A Basis Period (the “457A Portion”) will be
forfeited upon your termination of employment, unless the Company or an
Affiliate offers you the opportunity to certify that you were not, during any
portion of the 457A Basis Period, subject to income tax by the United States of
America (the “United States”) and you so certify; and
(b) your Covered Award, other than the 457A Portion, will be subject to Section
S-2(c) (“Long Term Disability”), Section S-2(e) (“Post-Employment Award
Continuation”), or Section 2(g)(4) as otherwise applicable.
(3) For this purpose, the “457A Basis Period” shall refer to:
(a) the period between the Grant Date and the date your Stock Options or Unit
Options became exercisable;
(b) the Period of Restriction for an Outstanding Unit Tranche;
(c) the Period of Restriction for your Restricted Stock Units or Restricted
Units (except where your Restricted Stock Units or Restricted Units are divided
into Outstanding Unit Tranches); or
(d) the Performance Period for your Performance Shares or Performance Units.
S-3. Change of Control.
(a) The terms of this Section S-3 describe how a Change of Control will affect
your Covered Award, as defined in Section S-2(a)(1). If a Change of Control
occurs prior to any of the events described in Section S-2, or subsequent to the
events described in Section 2(c) (“Long Term Disability”) and Section 2(e)
(“Post-Employment Award Continuation”), this Section S-3 will supersede the
terms of Section S-2. If any of the events described in the provisions of
Section S-2(d) (“Death”), Section S-2(f) (“Termination for Cause”, or Section
S-2(g) (“Other Employment Termination”) occurs prior to a Change of Control, the
applicable terms of Section S-2 will supersede the terms of this Section S-3.
(b)(1) Except as provided in Section S-3(c), and unless otherwise prohibited
under law or by applicable rules of a national security exchange, if a Change of
Control occurs:
(a) all of your Stock Options or Unit Options in your Covered Award will be
immediately exercisable and will remain exercisable through the end of the
period provided by the Standard Terms, unless the Committee elects to redeem
your Stock Options or Unit Options

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for a cash payment equal to the Change of Control Price less the Exercise Price,
multiplied by the number of exercisable Stock Options or Unit Options that you
have not yet exercised; and
(b) any other Covered Award will be due and payable in the form of cash at a
value equal to the number of Shares or units in the Covered Award multiplied by
the Change of Control Price without multiplication by any Final Performance
Factor that might be applicable under the Standard Terms (in the case of
Performance Shares or Performance Units).
(2) The terms of Section S-2(h) (“Forfeiture Under Conditions Potentially
Covered by Code Section 457A”), except for Section S-2(h)(2)(b), shall apply to
your Stock Options or Unit Options in your Covered Award, or to any payment made
under this Section S-3(b), provided, however, that the Company or an Affiliate
shall offer you the opportunity to certify as described in Section S-2(h)(2)(a).
(c) The terms of Section S-3(b) will not apply to your Covered Award if the
Committee reasonably determines in good faith, prior to the Change of Control,
that you have been granted an Alternative Award for your Covered Award pursuant
to Section 15.2 of the Plan. Any such Alternative Award shall not accelerate the
timing of payment or otherwise violate Code Section 409A, and shall
substantially replicate the terms of Section S-2(h) (“Forfeiture Under
Conditions Potentially Covered by Code Section 457A”), except for Section
S-2(h)(2)(b), provided, however, that the Company or an Affiliate shall be
required to offer you the opportunity to certify as described in Section
S-2(h)(2)(a).
S-4. Nontransferability of Award. Except as provided in Section S-5 or as
otherwise permitted by the Committee, you may not sell, transfer, pledge, assign
or otherwise alienate or hypothecate any of your Award, and all rights with
respect to your Award are exercisable during your lifetime only by you.
S-5. Payment to Estate or Beneficiary Designation.
(a) For Awards that are Performance Units, Restricted Units, or Unit Options,
your rights under this Agreement will pass to and may be exercised after your
death by your estate, and any payments remaining unpaid at your death will be
paid to your estate, in each case except as otherwise required by law.
(b) For Awards that are Performance Shares, Restricted Stock Units, or Stock
Options, to the extent permitted by the Committee, you may name one or more
beneficiary or beneficiaries who may then exercise any right under this
Agreement in the event of your death. Each beneficiary designation for such
purpose will revoke all such prior designations. Beneficiary designations must
be properly completed on a form prescribed by the Committee and must be filed
with the Company during your lifetime. If you have not designated a beneficiary,
your rights under this Agreement will pass to and may be exercised by your
estate.
S-6. Tax Withholding. The Company or an Affiliate may withhold amounts it
determines are necessary to satisfy tax withhold responsibilities by withholding
amounts from payment made under this Agreement, or from other payments due to
you to the extent permissible under law, in an amount sufficient to satisfy the
minimum statutory United States,

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state, local or other applicable tax withholding requirements. The Company will
defer payment of cash or the issuance of Shares, as applicable, until this
requirement is satisfied. To the extent Shares are payable to you under your
Award, the Company may satisfy this requirement by withholding Shares otherwise
issuable based on a value per Share determined by the Company in its discretion.
S-7. Adjustments. The Committee will make appropriate adjustments in the terms
and conditions of your Award as provided in Section 4.2 of the Plan, and may
make adjustments in the terms and conditions of your Award as provided in
Section 16.2 of the Plan. The Committee’s determinations in this regard will be
conclusive.
S-8. Timing of Payment.
(a) To the extent applicable, this Agreement is intended to comply with Code
Section 409A and shall be interpreted accordingly.
(b) For Awards that are Stock Options, Shares will be paid to you upon your
exercise of any of your Stock Options, except that where Section S-3(b)(1)(a)(2)
applies the Company will pay you cash upon the redemption of the Stock Options.
(c) For Awards that are Unit Options, cash will be paid to you upon your
exercise of any of your Unit Options, except that where Section S-3(b)(1)(a)(2)
applies the Company will pay you cash upon the redemption of the Stock Options.
(d) For Awards other than Stock Options or Unit Options:
(1) If payment is due and payable for Awards that are Restricted Stock Units or
Restricted Units (including Unit Tranches) under the Standard Terms, payment
will be made by March 15 of the calendar year after the expiration of the
applicable Period of Restriction. If payment is due and payable for Awards that
are Performance Shares or Performance Units, payment will be made in the
calendar year after the end of the Performance Period. In each case, however, if
you were given the opportunity to defer payment under an applicable deferred
compensation plan offered by the Company or an Affiliate, and chose to defer
payment, then payment will be made at the time determined under that plan.
(2) If payment is due and payable under the terms of Section S-2(d) (“Death,”),
it will be made upon your death.
(3) If payment is due and payable under the terms of Section S-2(g) (“Other
Termination of Employment”), it will be made six (6) months after the
termination of your employment (or, to the extent Code Section 409A applies to
your Award, six (6) months after your “separation from service” under Code
Section 409A, if that is a different date) provided, however, that for Awards
that are Performance Shares or Performance Units and you were an Insider or
Section 16 Officer at any time during the Performance Period, payment will be
made in the calendar year after the end of the Performance Period but in no
event earlier than six (6) months after the termination of your employment (or
six months after your “separation from service” under Code Section 409A, if that
is a different date).

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(4) If payment is due and payable under Section S-3(b)(1)(b):
(a) if the Change of Control that causes payment to be due and payable is a
“change of control” as defined under Code Section 409A, such sum shall be paid
to you within thirty (30) days after the Change of Control; or
(b) if the Change of Control that causes payment to be due and payable is not a
“change of control” as defined under Code Section 409A, such sum shall be paid
to you at the time determined under Section S-8(d)(1) on the same basis as if
the Standard Terms applied.
S-9. Closing Price. For purposes of this Agreement, Closing Price will mean the
closing price of a Share as reported in the principal consolidated transaction
reporting system for the New York Stock Exchange (or on such other recognized
quotation system on which the trading prices of the Shares are quoted at the
relevant time), or in the event that there are no Share transactions reported on
such tape or other system on the applicable date, the closing price on the
immediately preceding date on which Share transactions were reported. Closing
Price shall constitute “Fair Market Value” under the Plan for all purposes
related to your Award.
S-10. No Guarantee of Employment. This Agreement is not a contract of employment
and it is not a guarantee of employment for life or any period of time. Nothing
in this Agreement interferes with or limits in any way the right of the Company
or an Affiliate to terminate your employment at any time. This Agreement does
not give you any right to continue in the employ of the Company or an Affiliate.
S-11. Governing Law; Choice of Forum. This Agreement will be construed in
accordance with and governed by the laws of the State of Delaware, regardless of
the law that might be applied under principles of conflict of laws. Except as
otherwise provided in the Company’s Certificate of Incorporation or By-Laws, any
action to enforce this Agreement or any action otherwise regarding this
Agreement must be brought in a court in the State of New York, to which
jurisdiction the Company and you consent.
S-12. Miscellaneous.
(a) For purposes of this Agreement, “Committee” includes any direct or indirect
delegate of the Committee as defined in the Plan and (unless otherwise
indicated) the word “Section” refers to a Section in this Agreement. Any other
capitalized word used in this Agreement and not defined in this Agreement,
including each form of that word, is defined in the Plan.
(b) Any determination or interpretation by the Committee pursuant to this
Agreement will be final and conclusive. In the event of a conflict between any
term of this Agreement and the terms of the Plan, the terms of the Plan control.
This Agreement and the Plan represent the entire agreement between you and the
Company, and you and all Affiliates, regarding your Award. No promises, terms,
or agreements of any kind regarding your Award that are not set forth, or
referred to, in this Agreement or in the Plan are part of this Agreement. In the
event any provision of this Agreement is held illegal or invalid, the rest of
this Agreement will remain enforceable.

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(c) Your Award is not Shares and do not give you the rights of a holder of
Shares. You will not be credited with anything additional with respect to your
Award on account of any dividend paid on Shares.
(d) The Committee may, in its discretion, settle an Award otherwise payable in
Shares instead in the form of cash, to the extent settlement in Shares is
prohibited by law or would require you or the Company to obtain the approval of
any governmental and/or regulatory body. The Committee may, in its discretion,
require you at any time to immediately sell Shares you acquire under this
Agreement, in which case, the Company shall have the authority to issue sales
instructions in relation to such Shares on your behalf. If the Committee
determines that applicable law requires that you receive fewer Shares or a
lesser amount of cash than that otherwise determined under this terms of this
Agreement, you will receive that number of Shares or amount of cash the
Committee determines is due under applicable law. No Shares will be issued or no
cash will be paid if that issuance or payment would result in a violation of
applicable law, including United States securities laws and any other applicable
securities laws.
(e) The issuance of Shares or payment of cash pursuant to your Award is subject
to all applicable laws, rules and regulations, and to any approvals by any
governmental agencies or national securities exchanges as may be required. The
Company’s grant of the Award to you is not intended to be a public offering of
securities outside the United States, and the Company has not submitted any
registration statement, prospectus, or other securities filing with authorities
outside the United States, except where required by law. Your Award has not
been, and will not be, reviewed by or registered with any securities authorities
outside the United States, including but not limited to the securities
authorities of Argentina. In accordance with Circular 99 of 2001, from Chile’s
Superintendent of Securities, the grant of the Award hereunder is not intended
to be a public offering of securities in Chile but instead is intended to be a
private placement. As this is a private placement in Chile, the Company has not
submitted any registration statement, prospectus or other filings with the local
securities authorities, and the Plan is not subject to the supervision of any
securities authorities in Chile. This Agreement and all other materials
pertaining to your Award have not been reviewed by any regulatory authority in
Hong Kong. You are advised to exercise caution in relation to this offer. If you
have any doubts about any of the contents of the materials pertaining to your
Award, you should obtain independent professional investment advice.
(f) You agree to repatriate all payments under this Agreement or cash
attributable to Shares you acquire under this Agreement to the extent required
under any applicable legal requirements, such as foreign exchange rules and
regulations in your country of residence or country of employment.
(g) Your Award is subject to the Company’s performance-based compensation
recoupment policy in effect from time to time.
(h) Regardless of any action the Company or any Affiliate takes with respect to
any or all tax withholding (including social insurance contributions and payment
on account obligations, if any), you acknowledge that the ultimate liability for
all such taxes is and remains your responsibility (or that of your beneficiary
or estate) and that neither the Company nor any

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Affiliate makes any representations or undertakings regarding the treatment of
any tax withholding in connection with any aspect of any of your Award,
including the grant or payment on account of the Award, and that neither the
Company nor any Affiliate commits to structure the terms of the grant of or any
aspect of any Award to reduce or eliminate your (or you estate’s or any heir’s)
liability for such tax. You agree to take any and all actions as may be required
to comply with your personal tax obligations.
(i) If you are resident and/or employed in a country that is a member of the
European Union, this Agreement is intended to comply with the provisions of the
EU Equal Treatment Framework Directive, as implemented into local law (the
“Equal Treatment Rules”). To the extent that a court or tribunal of competent
jurisdiction determines that any provision of this Agreement is invalid or
unenforceable, in whole or in part, under the Equal Treatment Rules, the
Committee, in its sole discretion, shall have the power and authority to revise
or strike such provision to the minimum extent necessary to make it valid and
enforceable to the full extent permitted under local law.
(j) You agree that this Agreement and any other documents related to the Plan or
your Award are to be presented to you in English, except where prohibited by
law. If any such document is translated into a language other than English, the
English version will control, to the extent permitted by applicable law.
(k) The collection, processing and transfer of your personal data (collectively
“Data Handling”) is necessary for the Company’s administration of the Plan, this
Agreement and your Award, and such Data Handling shall be done consistent with
applicable law, the data privacy consents, if any, signed by you, the terms of
your employment contract (if any) and/or your local company’s governing policies
with respect to data privacy.
(l) In accepting this Agreement, you acknowledge, to the extent allowed by law,
that:
(1) the Plan and this Agreement are each established voluntarily by the Company,
and that each is discretionary in nature and may be modified, suspended or
terminated at any time, as provided in the Plan and this Agreement,
respectively, and such change or the end of your participation in the Plan shall
not constitute a change or impairment of the terms and conditions of your
employment or give rise to any liability to you;
(2) the grant of your Award is voluntary and occasional and does not create any
contractual or other right to receive future grants of Awards, or benefits in
lieu of an Award, even if Awards have been granted repeatedly in the past;
(3) all decisions with respect to future Award grants, if any, will be at the
discretion of the Committee, including, but not limited to, the timing of any
grants, the number of units or Shares in any Award, and vesting provisions;
(4) your participation in the Plan is voluntary;
(5) the Award is an extraordinary item which is outside the terms and conditions
of your employment and the scope of your employment contract, if any;

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(6) the Award is not part of normal or expected compensation or salary for any
purposes, including, but not limited to, calculating any severance, resignation,
termination, redundancy, end of service payments, bonuses, long-service awards,
pension or retirement benefits or similar payments;
(7) the Award grant will not be interpreted to form an employment contract or
relationship with any Affiliate or the Company, and you are not an employee of
the Company;
(8) the future Closing Price of Shares is unknown and cannot be predicted with
certainty;
(9) to the fullest extent permitted by law, no claim or entitlement to
compensation or damages arises from termination of the Award or diminution in
value of the Award and you irrevocably release the Company and each Affiliate
from any such claim that may arise; and
(10) in the event of the termination of your employment, neither your
eligibility, nor any right to receive Awards, nor any period within which
payment may be made on account of your Award, if any, will be extended beyond
the period specified under this Agreement by any notice period mandated under
law (e.g., active employment would not include a period of “garden leave” or
similar period pursuant to local law); furthermore, in the event of the
termination of your employment, your right to payment on account of your Award,
if any, will not be extended by any notice period mandated under law; and
(11) you have been granted your Award as a consequence of the commercial
relationship between the Company and the Affiliate that employs you, and the
Affiliate that employs you is your sole employer.
(m) The Company may impose other requirements as a condition of your Award, to
the extent the Committee determines, in its discretion, that such other
requirements are necessary or advisable in order to comply with law or
facilitate the operation or administration of this Agreement, your Award, or the
Plan. To the extent the Company determines in its discretion that you are
required to execute any document or undertaking for this purpose, you agree to
do so.
S-13. Additional Terms Applicable to Phantom Stock-Based Awards.
(a) For purposes of this Section S-13, “Phantom Stock-Based Award” refers to an
Award that is Performance Units, Restricted Units, or Unit Options that are the
subject of the Award Agreement.
(b) You acknowledge that, subject to the terms of Section S-13(e) of this
Agreement, the obligation to make each payment related to a Phantom Stock-Based
Award due under this Agreement, if any, shall be the obligation of the Global
Affiliate. The obligation to make payments related to a Phantom Stock-Based
Award under this Agreement shall be unfunded and unsecured. In no event shall
the Company be obligated to make payments due under this Agreement related to a
Phantom Stock-Based Award. The Global Affiliate and you agree and acknowledge
that, to the extent consistent with applicable law, neither the Phantom
Stock-Based Award, this Agreement, the Plan nor any rights, obligations, terms
and conditions set forth

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therein or in connection therewith, constitute securities, negotiable
instruments, or derivatives instruments or transactions.
(b) Payments pursuant to Section S-3 (“Change of Control”) related to a Phantom
Stock-Based Award will be made in your then-current payroll currency (or another
currency of your choosing) at a reasonable U.S. currency exchange rate chosen in
good faith by the Committee or the Paying Affiliate. Otherwise, any payment due
to you related to a Phantom Stock-Based Award will be made in your then-current
payroll currency (or other currency of the Committee’s or Paying Affiliate’s
choosing) at a United States currency exchange rate determined by the Committee
or the Paying Affiliate in the discretion of the Committee or the Paying
Affiliate.
(c) To the extent any separate or additional consideration related to a Phantom
Stock-Based Award is necessary under applicable law to effectuate the parties’
intentions to be bound by the terms of this Agreement, you agree to pay US$1.00
(One Dollar 00/100 currency of the United States) to the Global Affiliate, which
shall not be refundable to you.
(d) Notwithstanding anything in this Agreement to the contrary, the Committee
may, at any time prior to a payment related to a Phantom Stock-Based Award, in
its sole discretion, find that the Company or an Affiliate has made an award to
you intended to substitute for the Phantom Stock-Based Award (including but not
limited to a contingent right to acquire Shares), and that such substitute award
is subject to such material terms and conditions that are no less favorable to
you than the material terms and conditions governing your Phantom Stock-Based
Award and that provide for the same timing for payment as apply to your Phantom
Stock-Based Award. Upon such a finding, the Committee may, in its sole
discretion, cancel your Phantom Stock-Based Award in light of that substitute
award without additional compensation to you.
S-14. Amendments. The Committee has the exclusive right to amend this Agreement
as long as the amendment does not adversely affect any of your
previously-granted Awards in any material way (without your written consent) and
is otherwise consistent with the Plan. The Company will give written notice to
you (or, in the event of your death, to your beneficiary or estate) of any
amendment as promptly as practicable after its adoption.
S-15. Execution of U.S. Agreement to Protect Corporate Property.
(a) The terms of this Section S-15 apply to Awards that are Performance Shares,
Restricted Stock Units, and Stock Options.
(b) If you have not previously executed an Agreement to Protect Corporate
Property with the Company or an Affiliate (a “Property Agreement”) in a form
acceptable to the Company (determined by the Committee in its discretion), the
grant of your Award is subject to your execution of the Property Agreement
provided to you by the Company with respect to this Agreement. If the Company
does not receive your executed Property Agreement within sixty (60) days after
you receive it, then this Agreement and the Award granted to you will be void.
The Committee may, in its discretion, allow an extension of time for you to
return your signed Property Agreement.

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S-16. Restrictive Covenants.
(a) The terms of this Section S-16 shall apply notwithstanding any other terms
of this Agreement, other than Section S-3 (“Change of Control”), to the
contrary. If a Change of Control occurs prior to any “finding” described in this
Section S-16, any applicable terms of Section S-3 (“Change of Control”) will
supersede the terms of this Section S-16. Notwithstanding the terms of Section
S-11 (“Governing Law; Choice of Forum”) to the contrary, this Section S-16 will
be construed in accordance with and governed by the laws of the State of New
York, regardless of the law that might be applied under principles of conflict
of laws.
(b) Non-Disparagement. Your Award shall be forfeited if the Committee finds that
you have, at any time after your employment ends and before your Award is paid
to you (in the case of Performance Shares, Performance Units, Restricted Stock
Units, or Restricted Units) or exercised by you (in the case of Stock Options or
Unit Options), made statements that damage, disparage, or otherwise diminish the
reputation or business of the Company, any of its Affiliates, or of any their
respective employees, officers, directors, products, or services, with the
exception of truthful statements that are compelled by law or otherwise
authorized pursuant to legal or administrative processes.
(c) Violation of Agreement to Protect Corporate Property. Your Award shall be
forfeited if the Committee finds that you have, at any time before your Award is
paid to you (in the case of Performance Shares, Performance Units, Restricted
Stock Units, or Restricted Units) or exercised by you (in the case of Stock
Options or Unit Options), violated any of the terms of any Property Agreement.
(d) Restrictions Applicable to Insiders and Section 16 Officers.
(1) The terms of this Section S-16(c) shall apply if you are an Insider or an
“officer” as defined for purposes of Section 16 of the Exchange Act at any time
during the Performance Period (in the case of Performance Shares or Performance
Units) or Period of Restriction (in the case of Restricted Stock Units or
Restricted Units), or at any time prior to your exercise of each of your Stock
Options or Unit Options, notwithstanding any other terms of this Agreement,
other than Section S-3 (“Change of Control”), to the contrary.
(2) If the Committee reasonably finds that, at any time during the Performance
Period (in the case of Performance Shares or Performance Units) or Period of
Restriction (in the case of Restricted Stock Units or Restricted Units), or at
any time prior to your exercise of each of your Stock Options or Unit Options,
whether during your employment with the Company and its Affiliates or
thereafter, you directly or indirectly owned any interest in, managed,
controlled, participated in, consulted with, or rendered services, as an
officer, director, employee, partner, member, consultant, independent contractor
or agent, to any person or entities currently engaged in business activities
which compete (or will compete based on the anticipated plans of the Company or
an Affiliate at the time of your employment termination) with the business of
the Company or an Affiliate in the United States, United Arab Emirates, Hong
Kong (Special Administrative Region of the People’s Republic of China),
Argentina, United Kingdom and/or in any other country in which the Company or an
Affiliate conducts business or has plans to conduct business during your
employment or as of the date your employment terminated, then, to

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the maximum extent permissible by law, your Award and any payments otherwise due
under your separation agreement under Section S-2(g) (“Other Termination of
Employment”) will be immediately forfeit.
S-17. Deadline to Accept. If you wish to accept the terms of this Agreement you
must do so by the electronic means made available to you within sixty (60) days
after receiving this Agreement. The Committee may, in its sole discretion,
extend the time within which you may accept this Agreement.

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