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====================================================================== Triumph
Group, Inc. Executive Change in Control Severance Plan (Effective February 19,
2019) ======================================================================

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Table of Contents Article 1. Establishment and Term of the Plan
....................................................................1 1.1
Establishment of the
Plan.........................................................................................1
1.2 Initial Term
..............................................................................................................1
1.3 Successive Periods
...................................................................................................1
1.4 Change in Control Renewal
.....................................................................................2
Article 2. Definitions
...............................................................................................................2
Article 3. Severance Benefits
.................................................................................................8
3.1 Right to Severance Benefits
.....................................................................................8
3.2 Description of Severance Benefits
...........................................................................9 3.3
Coordination with Release and Delay Required by Code Section 409A
...............10 3.4 Retirement Plans
....................................................................................................11
3.5 Deductions from Severance Benefits
....................................................................11 3.6 No
Demotion
..........................................................................................................11
3.7 Timing and Method of Payment
............................................................................11
Article 4. Sale of Business Unit
............................................................................................12
Article 5. Covenants and Agreements
.................................................................................12
5.1 Covenants
...............................................................................................................12
5.2 Assistance with Claims
..........................................................................................12
Article 6. Certain Change in Control Payments
................................................................13 Article 7.
Legal Fees and Notice
..........................................................................................13
7.1 Payment of Legal Fees
...........................................................................................13
7.2 Notice
.....................................................................................................................13
Article 8. Successors and Assignment
.................................................................................14
8.1 Successors to the Company
...................................................................................14
8.2 Assignment by the
Executive.................................................................................14
Article 9. Plan
Administration.............................................................................................14
9.1 Plan Administrator
.................................................................................................14
9.2 Records, Reporting and Disclosure
.......................................................................14 9.3
Discretion
...............................................................................................................14
Article 10.
Miscellaneous........................................................................................................15
10.1 Indemnification
......................................................................................................15
10.2 Employment Status
................................................................................................15
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10.3 Code Section 409A
................................................................................................16
10.4 Entire Plan
..............................................................................................................17
10.5 Severability
............................................................................................................17
10.6 Tax Withholding
....................................................................................................17
10.7 Beneficiaries
..........................................................................................................17
10.8 Payment Obligation Absolute
................................................................................17
10.9 Contractual Rights to Benefits
...............................................................................17
10.10 Modification
...........................................................................................................17
10.11 Gender and Number
...............................................................................................18
10.12 Controlling Law
.....................................................................................................18
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TRIUMPH GROUP, INC. EXECUTIVE CHANGE IN CONTROL SEVERANCE PLAN Article 1.
Establishment and Term of the Plan 1.1 Establishment of the Plan. Triumph Group,
Inc. (the “Company”) hereby adopts this plan known as the “Triumph Group, Inc.
Executive Change in Control Severance Plan” (the “Plan”). The Plan provides
Severance Benefits (as defined below) to designated executive employees of the
Company or its Subsidiaries or Affiliates (each an “Executive” and collectively
the “Executives”) upon certain terminations of employment from the Employer (as
defined below) in connection with a Change in Control of the Company. The
Company considers the establishment and maintenance of a sound and vital
management to be essential to protecting and enhancing the best interests of the
Company and its stockholders. In this connection, the Company recognizes that,
as is the case with many publicly held corporations, the possibility of a Change
in Control may arise and that such possibility, and the uncertainty and
questions which it may raise among management, may result in the departure or
distraction of management personnel to the detriment of the Company and its
stockholders. Accordingly, the Board has determined that appropriate steps
should be taken to reinforce and encourage the continued attention and
dedication of members of the Company’s management to their assigned duties
without distraction in circumstances arising from the possibility of a Change in
Control of the Company. The Plan is not intended to be an “employee pension
benefit plan” or “pension plan” within the meaning of Section 3(2) of ERISA.
Rather, the Plan is intended to be a “welfare benefit plan” within the meaning
of Section 3(1) of ERISA and to meet the descriptive requirements of a plan
constituting a “severance pay plan” within the meaning of regulations published
by the Secretary of Labor at 29 CFR § 2510.3-2(b). In the event that the Plan
does not meet the requirements of a “severance pay plan” as described above,
then the Plan is intended to be “a plan which is unfunded and maintained by an
employer primarily for the purpose of providing deferred compensation for a
select group of management or highly compensated employees” within the meaning
of Sections 201(2), 301(a)(3) and 401(a)(1) of ERISA. No employee contributions
are required or permitted. 1.2 Initial Term. This Plan commenced on February 19,
2019 (the “Effective Date”) and shall continue for a period of three (3) years
(the “Initial Term”). 1.3 Successive Periods. The term of this Plan shall
automatically be extended for one (1) additional year at the end of the Initial
Term, and then again after each successive one (1) year period thereafter (each
such one (1) year period following the Initial Term is referred to as a
“Successive Period”). However, the Plan Administrator may terminate this Plan at
the end of the Initial Term, or at the end of any Successive Period thereafter,
by giving the Executives written notice of intent to terminate the Plan,
delivered at least six (6) months prior to the end of such Initial Term or
Successive Period (such date, the “Notice Deadline”); provided however that the
Company may not give such notice at any time when the Company is a party to an
agreement which, if consummated, would result in a Change in Control. If such
notice is properly delivered 1

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by the Company, this Plan shall automatically expire at the end of the Initial
Term or Successive Period then in progress. 1.4 Change in Control Renewal.
Notwithstanding the provisions of Section 1.3, in the event that a Change in
Control of the Company occurs during the Initial Term or any Successive Period,
upon the effective date of such Change in Control, the term of this Plan shall
automatically and irrevocably be renewed for a period of two (2) years from the
effective date of such Change in Control. This Plan shall thereafter
automatically terminate following such two (2) year Change in Control renewal
period; provided that such termination shall not affect or diminish the rights
of Executives who become entitled to benefits or payments under this Plan prior
to such termination. Article 2. Definitions Whenever used in this Plan, the
following terms shall have the meanings set forth below and, when the meaning is
intended, the initial letter of the word is capitalized. (a) “Accountants” has
the meaning set forth in Article 6. (b) “Affiliate” means any entity that is,
directly or indirectly, controlled by, under common control with or controlling
the Company or any entity in which the Company has a significant ownership
interest as determined by the Committee. (c) “Band 5 Executives” means the Band
5 Executives who may be set forth on Exhibit A to this Plan from time to time.
For purposes of this definition, if an Executive is included on Exhibit A
immediately prior to the Change in Control Period, such Executive shall be
eligible for Severance Benefits. (d) “Band 6 Executives” means those employees
of an Employer designated as an Executive Vice President and each such other
employee designated as Band 6 in the Employer’s human resources information
system, in each case immediately prior to the Change in Control Period. (e)
“Base Salary” means the greater of the Executive’s annual rate of salary,
whether or not deferred, at: (i) the Effective Date of Termination or (ii) at
the date of the Change in Control. (f) “Beneficiary” means the persons or
entities designated or deemed designated by the Executive pursuant to Section
10.7. (g) “Board” means the Board of Directors of the Company. (h) “Cause” has
the meaning set forth in the applicable Executive’s employment or similar
agreement with the Employer or, if no such agreement is in effect, means (i) the
willful and continued failure by the Executive (other than any such failure
resulting from (A) the Executive’s incapacity due to physical or mental illness
or (B) any such actual or anticipated failure after the issuance of a Notice of
Termination by the Executive for Good Reason) to perform substantially the
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duties and responsibilities of the Executive’s position with the Employer;
provided, however, that a termination of employment shall not be deemed to be
for Cause under this clause (i) unless (I) the Employer has delivered to the
Executive written notice specifically identifying the manner in which the
Executive has not substantially performed such duties or responsibilities and
states an intent to terminate the Executive’s employment for Cause within ninety
(90) days of the latest such underlying action (or failure to act), (II) the
Executive fails to cure such Cause event or events within thirty (30) days after
his or her receipt of such written notice and (III) the Employer delivers to the
Executive a notice of termination of employment for Cause within thirty (30)
days after the expiration of the 30-day cure period; (ii) the conviction of the
Executive by a court of competent jurisdiction or a plea of nolo contendere for
felony criminal conduct or a crime involving moral turpitude; or (iii) the
willful engaging by the Executive in fraud or dishonesty which is injurious to
the Company or its reputation, monetarily or otherwise. No act, or failure to
act, on the Executive’s part shall be deemed “willful” unless committed or
omitted by the Executive in bad faith and without reasonable belief that the
Executive’s act or failure to act was in, or not opposed to, the best interest
of the Company. It is also expressly understood that the Executive’s attention
to matters not directly related to the business of the Employer shall not
provide a basis for termination for Cause so long as the Board has approved the
Executive’s engagement in such activities. (i) “CEO” means the Chief Executive
Officer of the Company. (j) “Change in Control” means any of the following: (i)
Any individual, entity or group (within the meaning of Section 13(d)(3) or
14(d)(2) of the Exchange Act) (a “Person”) becomes the beneficial owner (within
the meaning of Rule 13d-3 promulgated under the Exchange Act) of 50% or more of
either (A) the then-outstanding shares of common stock of the Company (the
“Outstanding Company Common Stock”) or (B) the combined voting power of the
then-outstanding voting securities of the Company entitled to vote generally in
the election of directors (the “Outstanding Company Voting Securities”);
provided, however, that, for purposes of this definition, the following
acquisitions shall not constitute a Change in Control: (1) any acquisition
directly from the Company, (2) any acquisition by the Company, (3) any
acquisition by any employee benefit plan (or related trust) sponsored or
maintained by the Company or any affiliated entity or (iv) any acquisition
pursuant to a transaction that complies with (iii)(A), (iii)(B) and (iii)(C) of
this definition; (ii) Individuals who, as of the date hereof, constitute the
Board (the “Incumbent Board”) cease for any reason to constitute at least a
majority of the Board; provided, however, that any individual becoming a
director subsequent to the date hereof whose election, or nomination for
election by the Company’s stockholders, was approved by a vote of at least a
majority of the directors then comprising the Incumbent Board shall be DMEAST
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considered as though such individual was a member of the Incumbent Board, but
excluding, for this purpose, any such individual whose initial assumption of
office occurs in connection with or as a result of an actual or threatened
election contest with respect to the election or removal of directors or other
actual or threatened solicitation of proxies or consents by or on behalf of a
Person other than the Board; (iii) Consummation of a reorganization, merger,
statutory share exchange or consolidation or similar transaction involving the
Company or any of its subsidiaries, a sale or other disposition of all or
substantially all of the assets of the Company, or the acquisition of assets or
stock of another entity by the Company or any of its subsidiaries (each, a
“Business Combination”), in each case unless, following such Business
Combination, (A) all or substantially all of the individuals and entities that
were the beneficial owners of the Outstanding Company Common Stock and the
Outstanding Company Voting Securities immediately prior to such Business
Combination beneficially own, directly or indirectly, more than 50% of the
then-outstanding shares of common stock (or, for a non- corporate entity,
equivalent securities) and the combined voting power of the then-outstanding
voting securities entitled to vote generally in the election of directors (or,
for a non-corporate entity, equivalent governing body, as the case may be), of
the entity resulting from such Business Combination (including, without
limitation, an entity that, as a result of such transaction, owns the Company or
all or substantially all of the Company’s assets either directly or through one
or more subsidiaries) in substantially the same proportions as their ownership
immediately prior to such Business Combination of the Outstanding Company Common
Stock and the Outstanding Company Voting Securities, as the case may be, (B) no
Person (excluding any corporation resulting from such Business Combination or
any employee benefit plan (or related trust) of the Company or such corporation
resulting from such Business Combination) beneficially owns, directly or
indirectly, 50% or more of, respectively, the then-outstanding shares of common
stock of the corporation resulting from such Business Combination or the
combined voting power of the then-outstanding voting securities of such
corporation, except to the extent that such ownership existed prior to the
Business Combination, and (C) at least a majority of the members of the board of
directors (or, for a non- corporate entity, equivalent governing body) of the
entity resulting from such Business Combination were members of the Incumbent
Board at the time of the execution of the initial agreement or of the action of
the Board of Directors providing for such Business Combination; or (iv) Approval
by the stockholders of the Company of a complete liquidation or dissolution of
the Company. DMEAST #33323645 v13 -4-

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(k) “Change in Control Period” means the time period that begins six (6) months
immediately prior to, and continues until the elapse of twenty-four (24) months
immediately following a Change in Control of the Company. (l) “Code” means the
United States Internal Revenue Code of 1986, as amended, and any successors
thereto, and the regulations thereunder. (m) “Company” means Triumph Group,
Inc., a Delaware corporation, or any successor thereto as provided in Section
8.1. The term “Company” shall include a subsidiary or affiliate of Triumph
Group, Inc., including a Subsidiary or Affiliate of Triumph Group, Inc. by
merger, consolidation or liquidation or purchase of assets or stock or similar
transaction. (n) “Delay Period” shall have the meaning set forth in Section
3.3(b). (o) “Disability” means that the Executive is unable to engage in any
substantial gainful activity by reason of any medically determinable physical or
mental impairment that can be expected to result in death or can be expected to
last for a continuous period of not less than six (6) months. Whether an
Executive has a Disability shall be determined by the Plan Administrator. The
Plan Administrator may rely on any determination that an Executive is disabled
for purposes of benefits under any long-term disability plan maintained by the
Employer in which an Executive participates. (p) “Effective Date” has the
meaning set forth in Section 1.2. (q) “Effective Date of Termination” means the
date on which a Qualifying Termination occurs, as defined hereunder, which
triggers the payment of Severance Benefits hereunder. (r) “Employer” means the
Company or any Subsidiary or Affiliate, as applicable. (s) “ERISA” means the
Employee Retirement Income Security Act of 1974, as amended, and the regulations
thereunder. (t) “Exchange Act” means the Securities Exchange Act of 1934, as
amended. (u) “Executive” has the meaning set forth in Section 1.1. (v) “General
Severance Plan” means the Company’s Executive General Severance Plan, effective
as of February 19, 2019, as may be amended and restated from time to time. (w)
“Good Reason” for termination by the Executive of the Executive’s employment
means the occurrence (without the Executive’s express written consent) after any
Change in Control, of any one of the following acts by the Company or the
Employer, or failures by the Company or the Employer to act, unless such act or
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failure to act is corrected prior to the Date of Termination specified in the
Notice of Termination given in respect thereof: (i) a significant adverse change
or diminution in the Executive’s authority, duties, responsibilities or
reporting requirements as in effect immediately prior to the Change in Control
Period or the assignment to the Executive of any duties or responsibilities
which are inconsistent with such role or position(s) (including status, offices,
titles, public company status and reporting requirements), or any removal of the
Executive from, or any failure to reappoint or reelect the Executive to, such
position(s); (ii) a reduction of more than ten percent (10%) in the Executive’s
total annual target compensation (as compared to the Executive’s total annual
target compensation immediately prior to the Change in Control), other than
pursuant to an across-the-board reduction in total annual target compensation
which applies to all similarly situated executives of the Company and any
acquirer (and defining total annual target compensation for purposes of this
definition as base salary and target annual cash incentive compensation (and not
including equity or equity-based compensation)); (iii) a material reduction in
the aggregate level of employee benefits offered to the Executive under any
pension, life insurance, medical, health, accident and disability plans, or any
retirement plan for which the Executive is eligible at the time of the Change in
Control, compared with the aggregate level of employee benefits offered to the
Executive under such plans immediately prior to the Change in Control; or (iv)
the Company or the Employer requiring the Executive to be based at an office
that is greater than 35 miles from where the Executive’s office is located
immediately prior to the Change in Control except for required travel on the
Employer’s business to an extent substantially consistent with the business
travel obligations which the Executive undertook on behalf of the Employer prior
to the Change in Control; provided, however, that the Executive’s termination of
employment shall not be deemed to be for Good Reason unless (A) the Executive
has delivered to the Employer written notice describing the occurrence of one or
more Good Reason events within ninety (90) days of such occurrence, (B) the
Employer fails to cure such Good Reason event or events within thirty (30) days
after its receipt of such written notice and (C) the Executive delivers to the
Employer a notice of termination of employment for Good Reason within thirty
(30) days after the expiration of the 30-day cure period. (x) “Highest Annual
Bonus” means the higher of (i) an Executive’s average annual bonus earned in
each of the last three completed annual performance periods; and DMEAST
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(ii) the current target bonus opportunity in the fiscal year in which a
Qualifying Termination occurs. (y) “Initial Term” has the meaning set forth in
Section 1.2. (z) “Notice of Termination” means a written notice which shall
indicate the specific termination provision in this Plan relied upon, and shall
set forth in reasonable detail the facts and circumstances claimed to provide a
basis for termination of the Executive’s employment under the provision so
indicated. (aa) “Parachute Payment Ratio” shall have the meaning set forth in
Article 6. (bb) “Plan” shall have the meaning set forth in Section 1.1. (cc)
“Plan Administrator” means the Triumph Group, Inc. Administrative Committee as
delegated by the Board to administer the terms of this Plan. In the event any
member of the Administrative Committee is entitled to Severance Benefits under
this Plan, or makes a claim for benefits under this Plan, the remaining members
of the Administrative Committee shall act of the Plan Administrator for purposes
of administering the terms of the Plan with respect to such Executive. The Plan
Administrator may delegate all or any portions of its authority under the Plan
to any other Person(s). (dd) “Proceeding” has the meaning set forth in Section
5.2(a). (ee) “Qualified Plan” means, with respect to each Executive, the defined
contribution plan that is intended to qualify under Section 401(a) of the Code
in which the Executive is entitled to participate immediately prior to a
Qualifying Termination. (ff) “Qualifying Termination” means, once a Change in
Control actually occurs, if such event occurs within the Change in Control
Period: (i) a termination of the Executive’s employment by the Employer other
than a termination for Cause, death, or Disability that is, in any case,
effected by a Notice of Termination delivered to the Executive by the Employer;
or (ii) a termination of the Executive’s employment for Good Reason pursuant to
a Notice of Termination delivered to the Employer by the Executive. (gg)
“Release Effective Date” shall have the meaning set forth in Section 3.1(c).
(hh) “Severance Benefits” means the Severance Benefits as provided in Article 3.
(ii) “Severance Period” has the meaning set forth in Section 3.4. (jj)
“Specified Employee” means any Executive described in Code Section
409A(a)(2)(B)(i). DMEAST #33323645 v13 -7-

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(kk) “Subsidiary” means any company (other than the Company) in an unbroken
chain of companies beginning with the Company, provided each company in the
unbroken chain (other than the Company) owns, at the time of determination,
stock possessing 50% or more of the total combined voting power of all classes
of stock in one of the other companies in such chain. (ll) “Successive Period”
has the meaning set forth in Section 1.3. (mm) “Total Payments” has the meaning
set forth in Article 6. Article 3. Severance Benefits 3.1 Right to Severance
Benefits. (a) Severance Benefits. The Executive shall be entitled to receive
from the Company Severance Benefits, as described in Section 3.2 and summarized
on Exhibit B attached hereto, if the Executive is the CEO, a Band 6 Executive or
a Band 5 Executive and a Qualifying Termination of the Executive’s employment
has occurred within the Change in Control Period. (b) No Severance Benefits. The
Executive shall not be entitled to receive Severance Benefits if the Executive’s
employment with the Employer ends for reasons other than a Qualifying
Termination. (c) General Release. As a condition to receiving Severance Benefits
(other than under Section 3.2(a)), the Executive shall be obligated to execute a
separation and release agreement in favor of the Company, its current and former
Subsidiaries, Affiliates and stockholders, and the current and former directors,
officers, employees, and agents of the Company and such Subsidiaries and
Affiliates substantially in the form attached to this Plan as Exhibit C, and any
revocation period for such release must have expired, in each case within sixty
(60) days of the date of termination. The date upon which the executed release
is no longer subject to revocation shall be referred to herein as the “Release
Effective Date”. Any payments under Section 3.2 shall commence only after the
Release Effective Date, and in the manner provided in Section 3.3 and Section
3.7. (d) No Duplication of Severance Benefits. Notwithstanding anything to the
contrary in this Plan, an Executive who receives Severance Benefits under this
Plan shall not be entitled to receive severance benefits under the General
Severance Plan or any other plan or agreement of the Company or any of its
Subsidiaries or Affiliates. If an Executive becomes entitled to Severance
Benefits under this Plan while receiving severance benefits under the General
Severance Plan or any other plan or agreement of the Company or any of its
Subsidiaries or Affiliates, then the severance benefits under such other plan or
agreement will cease and the Severance Benefits due to the Executive under this
Plan will be reduced by such other severance benefits previously paid to the
Executive. DMEAST #33323645 v13 -8-

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3.2 Description of Severance Benefits. In the event the Executive becomes
entitled to receive Severance Benefits as provided in Section 3.1, the Company
shall provide the Executive with the following: (a) an amount equal to the
Executive’s unpaid Base Salary and unreimbursed business expenses, which amounts
shall be paid promptly after the Effective Date of Termination whether or not
the Executive executes a release required by Section 3.1(c), and, subject to
Section 3.1(d), vested amounts owed to the Executive under any other plan or
agreement of the Company, which will be payable in accordance with the terms of
such plan or agreement; (b) an amount equal to: (i) two (2) for the CEO; (ii)
one and one-half (1.5) for Band 6 Executives; and (iii) one (1) for Band 5
Executives; times the sum of the following: (A) the Executive’s Base Salary and
(B) the Executive’s Highest Annual Bonus; (c) an amount equal to the Executive’s
annual target bonus opportunity in the fiscal year in which a Qualifying
Termination occurs, pro-rated for the portion of the fiscal year elapsing prior
to the Qualifying Termination, less any bonus paid to the Executive with respect
to the same fiscal year in connection with the occurrence of a Change in Control
under the Company’s Executive Cash Incentive Compensation Plan, effective April
1, 2018, or any successor plan; (d) an amount equal to: (i) $50,000 for the CEO;
(ii) $20,000 for Band 6 Executives; and (iii) $5,000 for Band 5 Executives as a
stipend with which the Executive may procure outplacement services; (e)
acceleration and vesting, or lapse of forfeiture restrictions, as applicable, of
all unvested equity or equity-based awards or equity or equity-based awards
subject to forfeiture restrictions, whether annual awards, special, one-time or
inducement awards, made to the Executive prior to the Effective Date of
Termination, with any performance-based awards vesting based upon an assumed
achievement of all relevant performance goals at target performance goal
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(f) payment on the Executive’s behalf of all of the Executive’s cost to
participate in COBRA medical and dental continuation coverage for: (i)
twenty-four (24) months following the CEO’s Effective Date of Termination for
the CEO; (ii) eighteen (18) months following the Executive’s Effective Date of
Termination for Band 6 Executives; and (iii) twelve (12) months following the
Executive’s Effective Date of Termination for Band 5 Executives; provided that
notwithstanding the above, if such payments would result in discrimination under
any tax law, then the Company shall pay such monthly premiums as additional
taxable compensation to the Executive. For purposes of enforcing this offset
provision, the Executive shall have a duty to keep the Company informed as to
the terms and conditions of any subsequent employment and the corresponding
benefits earned from such employment, and shall provide, or cause to be
provided, to the Company in writing correct, complete, and timely information
concerning the same; and (g) an amount equal to the total amount through the
Severance Period that the Executive would have received under the Qualified Plan
as a company match if the Executive had participated in such plan (applying the
maximum statutory contribution limits in effect on the Executive’s Effective
Date of Termination). 3.3 Coordination with Release and Delay Required by Code
Section 409A. (a) To the maximum extent possible, all amounts payable hereunder
are intended to be exempt from the requirements of Code Section 409A and this
Plan shall be construed and administered in accordance with such intention. To
the extent any continuing benefit (or reimbursement thereof) to be provided is
not “deferred compensation” for purposes of Code Section 409A, then such benefit
shall commence or be made immediately after the Release Effective Date (if
applicable). To the extent any continuing benefit (or reimbursement thereof) to
be provided is “deferred compensation” for purposes of Code Section 409A, then
to the extent necessary to prevent the imposition of taxes or penalties under
Code Section 409A such benefits shall be reimbursed or commence upon the
earliest later date as may be required in order to comply with the requirements
of Code Section 409A. The delayed benefits shall in any event expire at the time
such benefits would have expired had the benefits commenced immediately upon
Executive’s termination of employment. (b) Notwithstanding any other payment
schedule provided herein to the contrary, if the Executive is deemed on the date
of termination to be a Specified Employee, then, once the release required by
Section 3.1(c) is executed and delivered and no longer subject to revocation,
any payment that is considered deferred compensation under Code Section 409A
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service” shall be made on the date which is the earlier of (A) the expiration of
the six (6)-month period measured from the date of such “separation from
service” of the Executive, and (B) the date of the Executive’s death (the “Delay
Period”) to the extent required under Code Section 409A. Upon the expiration of
the Delay Period, all payments delayed pursuant to this Section 3.3(b) (whether
they would have otherwise been payable in a single sum or in installments in the
absence of such delay) shall be paid to the Executive in a lump sum, and any
remaining payments due under this Plan shall be paid or provided in accordance
with the normal payment dates specified for them herein. 3.4 Retirement Plans.
The provisions of any applicable qualified and/or non- qualified defined
contribution or defined benefit plan maintained by the Company or the Employer
pursuant to which an Executive is eligible to participate, shall control with
respect to any recognition of service during any period in which the Executive
is receiving Severance Benefits (the “Severance Period”) and the eligibility for
benefits before, during and after the Severance Period. 3.5 Deductions from
Severance Benefits. The Plan Administrator reserves the right to make deductions
in accordance with applicable law for any monies owed to the Company or an
Employer by the Executive or the value of Company property that the Executive
has retained in Executive’s possession, e.g., if an Executive (a) retained a
company laptop or other property, or (b) used Executive’s corporate card for
unauthorized personal purchases; provided that no such deductions shall be made
with respect to terminations occurring on, or during the two year period
following, a Change in Control. To the extent applicable, any such deduction
from Severance Benefits shall be made in compliance with Code Section 409A. To
the maximum extent allowed by applicable law, through execution of a release
required by Section 3.1(c) (which is a pre-condition to receipt of severance
benefits hereunder), an Executive shall consent to, and otherwise authorize,
such deductions in writing. 3.6 No Demotion. For the avoidance of doubt, the
Band of each Executive immediately prior to the commencement of the Change in
Control Period shall determine the Severance Benefits to be paid hereunder on a
Qualifying Termination, and no demotion of the Executive during the Change in
Control Period shall impact such Severance Benefits; provided, however, if the
Executive is promoted to a higher Band during the Change in Control Period and
has a Qualifying Termination after such promotion, the Severance Benefits shall
be paid at such promoted Band. 3.7 Timing and Method of Payment. Subject to
Section 10.3: (a) Severance Benefits. Subject to Article 6, the Severance
Benefits set forth in Section 3.2(b), 3.2(c), 3.2(d), 3.2(e) and 3.2(g) shall be
paid in a lump sum, less withholding for all applicable Federal, state and local
taxes and other applicable withholdings and deductions, no later than sixty (60)
days after the Executive’s Termination Date (provided that, with respect to
Section 3.2(e), to the extent necessary to prevent the imposition of taxes or
penalties under Code Section 409A, such Severance Benefits shall be paid on the
date(s) the awards would have been paid absent the Qualifying Termination),
subject to the Executive’s DMEAST #33323645 v13 -11-

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execution of a Release and, if applicable, the expiration of any revocation
period for such Release within such 60-day period. Severance Benefits set forth
in Section 3.2(f) shall be paid in accordance with the Company’s standard
policies and practices, subject to the Executive’s execution of a Release and,
if applicable, the expiration of any revocation period for such Release within
such 60-day period. (b) General Rules. Interest will not be credited on any
unpaid Severance Benefit due to an Executive. Payment(s) shall be made by direct
deposit or by mailing to the last address provided by the Executive to the
Company or Employer or such other reasonable method as determined by the Plan
Administrator. Article 4. Sale of Business Unit An Executive shall not be deemed
to have terminated employment hereunder merely because the Company sells the
division, subsidiary or other business unit by which the Executive is employed
if the purchaser assumes the Plan with respect to such Executive. Article 5.
Covenants and Agreements 5.1 Covenants. This Plan shall have no effect on the
validity or enforceability by the Company or its Subsidiaries or Affiliates of
any and all confidentiality, assignment of inventions, non-solicitation,
non-competition, non-disparagement and cooperation covenants of the Executive
made under any other plan, agreement or other instruments between the Executive
and the Company or one of its Subsidiaries or Affiliates. Any such covenants
shall remain in full force and effect for the time period(s) set forth in such
other plan, agreement or instrument, or if no time period is so set forth,
perpetually. 5.2 Assistance with Claims. (a) Each Executive agrees, that, during
and after the Executive’s employment by the Company or Employer, the Executive
shall assist the Company, on a reasonable basis, in the defense of any claims or
potential claims that may be made or threatened to be made against it in any
action, suit, or proceeding, whether civil, criminal, administrative, or
investigative (“Proceeding”) and shall assist the Company in the prosecution of
any claims that may be made by the Company in any Proceeding, to the extent that
such claims may relate to the Executive’s services. (b) Each Executive agrees,
unless precluded by law, to promptly inform the Company if the Executive is
asked to participate (or otherwise become involved) in any Proceeding involving
such claims or potential claims. (c) Each Executive also agrees, unless
precluded by law, to promptly inform the Company if the Executive is asked to
assist in any investigation (whether governmental or private) of the Company or
its Subsidiaries (or its actions), regardless of whether a lawsuit has then been
filed against the Company or its Subsidiaries with respect to such
investigation. DMEAST #33323645 v13 -12-

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Article 6. Certain Change in Control Payments Notwithstanding any provision of
the Plan to the contrary, if any payments or benefits an Executive would receive
from the Company or Employer under the Plan or otherwise in connection with the
Change in Control (the “Total Payments”) (a) constitute “parachute payments”
within the meaning of Code Section 280G, and (b) but for this Article 6, would
be subject to the excise tax imposed by Code Section 4999, then such Executive
will be entitled to receive either (i) the full amount of the Total Payments or
(ii) a portion of the Total Payments having a value equal to One Dollar ($1)
less than three (3) times such individual’s “base amount” (as such term is
defined in Code Section 280G(b)(3)(A)), whichever of (i) and (ii), after taking
into account applicable Federal, state, local income and employment taxes and
the excise tax imposed by Code Section 4999, results in the receipt by such
employee on an after-tax basis, of the greatest portion of the Total Payments.
Any determination required under this Article 6 shall be made in writing by the
Company’s independent certified public accountants appointed prior to any change
in ownership (as defined under Code Section 280G(b)(2)) or tax counsel selected
by such accountants (the “Accountants”), whose determination shall be conclusive
and binding for all purposes upon the applicable Executive and the Company. For
purposes of making the calculations required by this Article 6, the Accountants
may make reasonable assumptions and approximations concerning applicable taxes
and may rely on reasonable, good-faith interpretations concerning the
application of Code Sections 280G and 4999. If there is a reduction pursuant to
this Article 6 of the Total Payments to be delivered to the applicable
Executive, the payment reduction contemplated by the preceding sentence shall be
implemented by determining the Parachute Payment Ratio (as defined below) for
each “parachute payment” and then reducing the “parachute payments” in order
beginning with the “parachute payment” with the highest Parachute Payment Ratio.
For “parachute payments” with the same Parachute Payment Ratio, such “parachute
payments” shall be reduced based on the time of payment of such “parachute
payments,” with amounts having later payment dates being reduced first. For
“parachute payments” with the same Parachute Payment Ratio and the same time of
payment, such “parachute payments” shall be reduced on a pro rata basis (but not
below zero) prior to reducing “parachute payments” with a lower Parachute
Payment Ratio. For purposes hereof, the term “Parachute Payment Ratio” shall
mean a fraction the numerator of which is the value of the applicable “parachute
payment” for purposes of Code Section 280G and the denominator of which is the
actual present value of such payment. Article 7. Legal Fees and Notice 7.1
Payment of Legal Fees. In the event of a dispute arising under the Plan
following a Change in Control, the Company shall reimburse an Executive for
costs of litigation or other disputes including, without limitation, reasonable
attorneys’ fees incurred by the Executive in reasonably asserting any claims or
defenses under this Plan. With respect to other disputes, each party shall bear
their own costs. 7.2 Notice. Any notices, requests, demands, or other
communications provided for by this Plan shall be sufficient if in writing and
if sent by registered or certified mail to the Executive at the last address
Executive has filed in writing with the Company or Employer or, in the case of
the Company, at the address set forth in Section 9.1. DMEAST #33323645 v13 -13-

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Article 8. Successors and Assignment 8.1 Successors to the Company. The Company
shall require any successor (whether direct or indirect, by purchase, merger,
reorganization, consolidation, acquisition of property or stock, liquidation, or
otherwise) of all or a significant portion of the assets of the Company by
agreement to expressly assume and agree to perform under this Plan in the same
manner and to the same extent that the Company would be required to perform if
no such succession had taken place. The terms of this Plan shall be binding upon
any successor in accordance with the operation of law and such successor shall
be deemed the “Company” or the “Employer” for purposes of this Plan. 8.2
Assignment by the Executive. This Plan shall inure to the benefit of and be
enforceable by each Executive’s personal or legal representatives, executors,
administrators, successors, heirs, distributees, devisees, and legatees. If an
Executive dies while any amount would still be payable to Executive hereunder
had Executive continued to live, all such amounts, unless otherwise provided
herein, shall be paid in accordance with the terms of this Plan to the
Executive’s Beneficiary. If an Executive has not named a Beneficiary, then such
amounts shall be paid to the Executive in accordance with the Company’s regular
payroll practices or to the Executive’s estate, as applicable. Article 9. Plan
Administration 9.1 Plan Administrator. The Plan Administrator shall be the
“administrator” within the meaning of Section 3(16) of ERISA and shall have all
the responsibilities and duties contained therein. The Plan Administrator can be
contacted at the following address: c/o Triumph Group, Inc. 899 Cassatt Road,
Suite 210 Berwyn, PA 19312 Attn: Senior Vice President, Human Resources 9.2
Records, Reporting and Disclosure. The Plan Administrator shall keep a copy of
all records relating to the payment of Severance Benefits to Executives and
former Executives and all other records necessary for the proper operation of
the Plan. All Plan records shall be made available to the Company and to each
Executive for examination during business hours except that an Executive shall
examine only such records as pertain exclusively to the examining Executive and
to the Plan. The Plan Administrator shall prepare and shall file as required by
law or regulation all reports, forms, documents and other items required by
ERISA, the Code, and every other relevant statute, each as amended, and all
regulations thereunder (except that the Company, as payor of the Severance
Benefits, shall prepare and distribute to the proper recipients all forms
relating to withholding of income or wage taxes, Social Security taxes, and
other amounts that may be similarly reportable). 9.3 Discretion. Any decisions,
actions or interpretations to be made under the Plan by the Plan Administrator
shall be made in its sole and absolute discretion, subject to the terms of the
Plan and applicable law, and need not be uniformly applied and such decisions,
actions or DMEAST #33323645 v13 -14-

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interpretations shall be final, binding and conclusive upon all parties, with
respect to denied claims for Severance Benefits. Not in limitation, but in
amplification of the foregoing and of the authority conferred upon the Plan
Administrator, the Company specifically intends that the Plan Administrator and
its duly authorized delegates have the greatest permissible discretion to
construe the terms of the Plan and to determine all questions concerning
eligibility, participation, and benefits. The decisions by the Plan
Administrator or any delegates shall be conclusive and binding, and any
interpretation, determination, or other action by them is intended to be subject
to the most deferential standard of review. Such standard of review is not to be
affected by any real or alleged conflict of interest on the part of the Plan
Administrator or its delegates. In addition to the duties and powers described
hereunder and elsewhere in this Plan, the Plan Administrator or its delegate is
specifically given the discretionary authority and such powers as are necessary
for the proper administration of the Plan, including, but not limited to, the
following: (i) to resolve ambiguities or inconsistencies; (ii) to supply
omissions and the like; (iii) to make determinations, grants, or denials of the
amount, manner, and time of payment of any Severance Benefits under the terms of
the Plan; (iv) to authorize its agents or delegates to execute or deliver any
instrument or make payments on the Plan Administrator’s behalf or with respect
to the Plan; (v) to select and retain counsel, service providers and vendors,
employ agents, and provide for such clerical, accounting, actuarial, legal,
consulting and/or claims processing services as it deems necessary or desirable
to assist the Plan Administrator in the administration of the Plan; (vi) to
prepare and distribute, in such manner as the Plan Administrator determines to
be appropriate, summary plan descriptions and other information explaining the
Plan; (vii) to furnish the Company, upon request, such annual reports with
respect to the administration of the Plan as the Plan Administrator deems
reasonable and appropriate; (viii) to receive, review and keep on file, as the
Plan Administrator deems necessary or appropriate, reports of Plan payments and
reports of disbursements for expenses; and (ix) in general to decide and/or
settle questions and disputes, and all such authorizations, interpretations,
determinations, decisions and settlements shall be final and binding for
purposes of the Plan. Notwithstanding any of the foregoing, if a dispute arises
with respect to the payment of Severance Benefits after a Change in Control, the
standard of review shall be de novo in any court proceeding. Article 10.
Miscellaneous 10.1 Indemnification. To the maximum extent permitted by law, all
employees, officers, directors, agents and representatives of the Company shall
be indemnified by the Company and held harmless against any claims and the
expenses of defending against such claims, resulting from any action or conduct
relating to the administration of the Plan, whether as a member of the Committee
or otherwise, except to the extent that such claims arise from gross negligence,
willful neglect, or willful misconduct. 10.2 Employment Status. Except as may be
provided under any other agreement between the Executive and the Company or
Employer, the employment of any Executive by the Company or Employer is “at
will” and may be terminated by either the Executive or the Company or Employer
at any time, subject to applicable law. DMEAST #33323645 v13 -15-

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10.3 Code Section 409A. Notwithstanding anything herein to the contrary, if and
only to the extent necessary to prevent the imposition of taxes or penalties
under Code Section 409A: (a) All expenses or other reimbursements or in-kind
benefits under this Plan shall be paid or provided on or prior to the last day
of the taxable year following the taxable year in which such expenses or in-kind
benefits were incurred by the Executive, and no such reimbursement or in-kind
benefits in any taxable year shall in any way affect the reimbursement or
in-kind benefits in any other taxable year or subject to exchange for cash or
other taxable amount. (b) The Executive’s right to receive any installment
payment pursuant to this Plan shall be treated as a right to receive a series of
separate and distinct payments. (c) Whenever a payment under this Plan specifies
a payment period with reference to a number of days (e.g., “payment shall be
made within thirty (30) days following the date of termination”), the actual
date of payment within the specified period shall be within the sole discretion
of the Company. (d) A Qualifying Termination shall not be deemed to have
occurred for purposes of any provision of this Plan providing for the payment of
any amounts or benefits upon or following a Qualifying Termination unless such
termination is also a “separation from service” within the meaning of Code
Section 409A and, for purposes of any such provision of this Plan, references to
a “Qualifying Termination,” “termination of employment” or like terms shall mean
“separation from service.” (e) The Severance Benefits payable pursuant to
Section 3.2(b), to the extent not in excess of the amount that an Executive
would have received as severance benefits under any other plan or agreement of
the Company or any of its Subsidiaries or Affiliates had such plan or
arrangement been applicable, shall be paid at the time and in the manner
provided by such plan or arrangement and the remainder shall be paid to the
Executive in accordance with this Plan. (f) A Change in Control shall not be
deemed to have occurred for purposes of any provision of this Plan unless such
Change in Control also constitutes a change in the ownership or effective
control of the Company or a change in ownership of a substantial portion of the
assets of the Company under Code Section 409A. (g) No payment will be subject to
offset unless otherwise permitted by Code Section 409A. (h) Notwithstanding any
provisions in this Plan to the contrary, whenever a payment under this Plan may
be made upon the Release Effective Date, and the period in which the Executive
could execute the release (along with its accompanying revocation period)
crosses calendar years, no payments shall be made until the latter calendar
year. DMEAST #33323645 v13 -16-

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10.4 Entire Plan. This Plan supersedes any prior agreements or understandings,
oral or written, between the parties hereto, with respect to the subject matter
hereof, and constitutes the entire agreement of the parties with respect
thereto. Without limiting the generality of the foregoing sentence, this Plan
completely supersedes any and all severance benefits under any prior employment
agreements entered into by and between the Company or Employer and the
Executive, and all amendments thereto, in their entirety. Notwithstanding the
foregoing, if the Executive has entered into any agreements or commitments with
the Company with regard to Confidential Information, noncompetition,
nonsolicitation, or nondisparagement, such agreements or commitments will remain
valid and will be read in harmony with this Plan to provide maximum protection
to the Company. 10.5 Severability. In the event that any provision or portion of
this Plan shall be determined to be invalid or unenforceable for any reason, the
remaining provisions of this Plan shall be unaffected thereby and shall remain
in full force and effect. 10.6 Tax Withholding. The Company or Employer may
withhold from any benefits payable under this Plan all Federal, state, city, or
other taxes as may be required pursuant to any law or governmental regulation or
ruling. 10.7 Beneficiaries. The Executive may designate one (1) or more persons
or entities as the primary and/or contingent beneficiaries of any amounts to be
received under this Plan. Such designation must be in the form of a signed
writing acceptable to the Board or the Board’s designee. The Executive may make
or change such designation at any time. 10.8 Payment Obligation Absolute. Except
as provided in Section 3.5, the Company’s obligation to make the payments
provided for herein shall be absolute and unconditional, and shall not be
affected by any circumstances, including, without limitation, any offset,
counterclaim, recoupment, defense, or other right which the Company may have
against the Executive or anyone else. The Executive shall not be obligated to
seek other employment in mitigation of the amounts payable or arrangements made
under any provision of this Plan, and the obtaining of any such other employment
shall in no event effect any reduction of the Company’s obligations to make the
payments and arrangements required to be made under this Plan. 10.9 Contractual
Rights to Benefits. This Plan establishes and vests in the Executives a
contractual right to the benefits to which Executive is entitled hereunder.
However, nothing herein contained shall require or be deemed to require, or
prohibit or be deemed to prohibit, the Company to segregate, earmark, or
otherwise set aside any funds or other assets, in trust or otherwise, to provide
for any payments to be made or required hereunder. 10.10 Modification. The Plan
may be amended or terminated by the Board in any manner and at any time,
provided (a) that the termination of the Plan shall be subject to the provisions
of Section 1.3 and Section 1.4 and (b) no termination or amendment of the Plan
will be permitted during (i) any period when the Company is party to an
Agreement which, if consummated, would result in a Change in Control or (ii)
during the two year period immediately following a Change in Control, in either
case to the extent such amendment adversely alters or impairs any rights or
obligations of an Executive under the Plan. DMEAST #33323645 v13 -17-

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10.11 Gender and Number. Except where otherwise indicated by the context, any
masculine term used herein also shall include the feminine; the plural shall
include the singular and the singular shall include the plural. 10.12
Controlling Law. This Plan shall be construed and enforced according to the laws
of the Commonwealth of Pennsylvania (without reference to principles or
provisions governing conflicts of laws) to the extent not preempted or
superseded by Federal laws of the United States. Any provision of this Plan that
is determined by a court to be in conflict with any applicable Federal or State
laws shall be deemed amended by this paragraph to conform to the minimum
requirements of such laws, except to the extent they are preempted by ERISA. IN
WITNESS WHEREOF, the Company has executed this Plan effective as of the
Effective Date. TRIUMPH GROUP, INC. Name: Daniel J. Crowley Title: President and
Chief Executive Officer DMEAST #33323645 v13 -18-

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Exhibit A Band 5 Executives (on file with the Company)

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Exhibit B Benefits Summary This summary describes the payments and benefits
offered to participants in the Triumph Group, Inc. Executive Change in Control
Severance Plan (the “Plan”) upon a termination of employment without “Cause” or
a resignation of employment for “Good Reason” (each term as defined in the Plan)
in each case within 6 months prior to or 24 months after a Change in Control (as
defined in the Plan) and subject to each participant’s execution and
non-revocation of a general release and waiver. This description is intended
only as a summary and is qualified in its entirety by reference to the full text
of the Plan. In the event of any conflict between this summary and the Plan, the
Plan shall control. CEO Band 6 Executives Band 5 Executives Salary/Bonus
Severance Base Salary 2.0x 1.5x 1.0x Highest Annual Bonus1 2.0x 1.5x 1.0x
Current Year Bonus Prorated @ target Prorated @ target Prorated @ target Equity
Time-Based and Cash Full acceleration Full acceleration Full acceleration LTI
Performance-Based Full acceleration @ Full acceleration @ Full acceleration @
target target target Other Benefits Continuation 24 months 18 months 12 months
Outplacement $50,000 stipend $20,000 stipend $5,000 stipend 401(k) Plan Payment
equal to Payment equal to Payment equal to 2.0x maximum 1.5x maximum 1.0x
maximum annual company annual company annual company 401(k) contribution 401(k)
contribution 401(k) contribution match match match 1 “Highest Annual Bonus”
means the higher of (i) an Executive’s average annual bonus earned in each of
the last three completed annual performance periods; and (ii) the current target
bonus opportunity in the fiscal year in which a Qualifying Termination occurs.

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Exhibit C Form of Release (see attached)

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DATE, 2019 This Release of Claims (the “Release of Claims”) is entered into by
[_______] (“you”) for and in consideration of the payments and benefits granted
to you pursuant to the Executive Change in Control Severance Plan (the “Plan”,
and such benefits, the “Severance Benefits”) with such payments and benefits to
be made or conveyed to you as set forth therein. 1. Release You, for and on
behalf of yourself and your executors, administrators, successors and assigns
(collectively, “Releasors”), voluntarily, knowingly and willingly RELEASE,
DISCHARGE AND HOLD HARMLESS FOREVER, Triumph Group Inc. (the “Company”),
together with its past and present parents, subsidiaries and affiliates,
together with each of their respective owners, investors, members, officers,
directors, partners, employees, agents, representatives and attorneys, and each
of their respective affiliates, estates, predecessors, successors and assigns
(each a “Released Party” collectively, the “Released Parties”) from any and all
rights, claims, charges, actions, causes of action, complaints, sums of money,
suits, debts, covenants, contracts, agreements, promises, obligations, damages,
demands or liabilities of every kind whatsoever, in law or in equity, whether
known or unknown, suspected or unsuspected (collectively, “Claims”) which you or
any other Releasor ever had, now has or may hereafter claim to have by reason of
any matter, cause of thing whatsoever: (i) arising from the beginning of time
through the date upon which you sign this Release of Claims, including, but not
limited to, (A) any such Claims relating in any way to your employment
relationship with the Company or with any of the other Released Parties, and (B)
any such Claims arising under any federal, state or local statute or regulation,
including, without limitation, Title VII of Civil Rights Act of 1964, as amended
(Title VII), the Fair Labor Standards Act (FLSA), the Americans With
Disabilities Act (ADA), the Employee Retirement Income Security Act (ERISA), the
Equal Pay Act (EPA), the Rehabilitation Act of 1973, the Family and Medical
Leave Act (FMLA), the National Labor Relations Act (NLRA), the Labor Management
Relations Act (LMRA), the Worker Adjustment and Retraining Notification Act
(WARN), the Age Discrimination in Employment Act (ADEA), the Older Workers
Benefit Protection Act of 1990 (OWBPA), the Occupational and Safety Health Act
(OSHA), the Genetic Information Nondiscrimination Act of 2008 (GINA), the
Uniformed Services Employment and Re-employment Rights Act (USERRA); Executive
Orders 11246 and 11141; the False Claims Act (including the qui tam provision
thereof); the Consolidated Omnibus Budget Reconciliation Act of 1986 (COBRA);
The Dodd- Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank); the
Electronic Communications Privacy Act of 1986 (including the Stored
Communications Act); and/or any other federal, state or local statute,
regulation or other common law that may be legally waived and released; (ii)
relating to wrongful termination of employment; or (iii) arising under or
relating to any policy, agreement, understanding or promise, written or oral,
formal or informal, between the Company or any other Released Party and you. 2.
Notwithstanding the foregoing, nothing contained in Section 1 shall in any way
diminish or impair: (i) any rights you may have to payments under the Plan; (ii)
any rights you may have to vested benefits under employee benefit plans; (iii)
your rights as expressly set forth in this Release of Claims; or (iv) any Claims
you may have that cannot be waived under applicable law.

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3. Employee Acknowledgement You acknowledge and agree that the release of claims
under the ADEA is subject to special waiver protections under 29 U.S.C. §
626(f). In accordance with that section, you specifically agree that you are
knowingly and voluntarily releasing and waiving any rights or claims of
discrimination under the ADEA. By signing this Release of Claims, you
acknowledge and agree that: (a). the Company has advised you, and hereby advises
you, in writing, that you should consult with an attorney of your own choosing
prior to signing this Release of Claims, and you have consulted with, or have
had sufficient opportunity to consult with, an attorney of your own choosing
regarding the terms of this Release of Claims; (b). you have knowingly and
voluntarily entered into this Release of Claims, and you are not relying upon
any representation or statement made by the Company or any employee or other
person on behalf of the Company with regard to the subject matter, meaning or
effect of this Release of Claims and no statements made by the Company have in
any way unduly coerced or influenced you to execute this Release of Claims; (c).
you have read this Release of Claims, it has been written in a manner that is
easy to understand, and you fully understand its terms; (d). except as provided
in this Release of Claims, you have no right or claim, contractual or otherwise,
to any or all of the payments or benefits described in Section 3.2 of the Plan;
(e). this Release of Claims does not reflect an admission by the Company of any
liability or wrongdoing; (f). pursuant to Section 3.5 of the Plan, you hereby
authorize the Company to make deductions in accordance with applicable law for
any monies owed to the Company or an Employer by you or for the value of Company
property that you have retained in your possession; (g). you have had at least
[twenty-one (21)] OR [forty-five (45)] calendar days to consider the terms of
this Release of Claims (including the release of claims set forth in Section 1)
and whether or not you should sign it; (h). you may execute this Release of
Claims prior to the expiration of the twenty-one [(21) calendar day] OR
[forty-five (45)] period (but in no event prior to the date your employment with
the Company terminates for any reason (the “Separation Date”)), provided that,
if you execute this Release of Claims prior to the expiration of the [twenty-one
(21)] OR [forty-five (45)] calendar day consideration period, you knowingly and
voluntarily waive your right to consider this Release of Claims for the full
[twenty-one (21)] OR [forty-five (45)] calendar days; (i). you must sign and
return this Release of Claims to the Human Resources Department within
[twenty-one (21)] OR [forty-five (45)] calendar days after your receipt of this
Release of Claims (but in no event prior to the Separation Date);

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(j). changes made to this Release of Claims, whether material or immaterial,
will not re-start the running of the [twenty-one (21)] OR [forty-five (45)]
calendar day period; and (k). once signed, you have the right to revoke your
execution of this Release of Claims by delivering a notice of revocation in
writing to the Human Resources Department by mail, personal delivery, or
facsimile within seven (7) calendar days of your signing this Release of Claims,
and this Release of Claims shall not become effective or enforceable until the
eighth (8th) calendar day after it is signed by you and has not been revoked. 4.
Restrictive Covenants; Remedies You acknowledge and agree that you have read and
understood the restrictive covenant obligations and remedy provisions set forth
in Exhibit D of the Plan (the “Restrictive Covenants”). You understand and agree
that the Restrictive Covenants (a) are necessary and essential to protect the
Company’s confidential information and other legitimate business interests,
including the goodwill and relationships the Company has developed with its
customers and employees; (b) are reasonable in duration and scope; (c) do not
unduly oppress or restrict your ability to earn a livelihood in your chosen
profession; (d) are not an undue restraint on trade or a violation of any public
interests that may be involved; and (e) are entered into in exchange for good
and valuable consideration (including, without limitation, the Severance
Benefits). By executing this Release of Claims, you agree to be bound by the
Restrictive Covenants, which are hereby incorporated by reference as if fully
set forth herein. 5. Reformation and Severability If any one or more of the
provisions contained in this Release of Claims shall be held to be excessively
broad as to duration, activity or subject, it is the desire of you and the
Company that such provisions be construed by limiting and reducing them so as to
be enforceable to the maximum extent allowed by applicable law and then fully
enforced as so modified. In the event that any one or more of the provisions
shall be held to be invalid, illegal or unenforceable, it is the desire of you
and the Company that the validity, legality and enforceability of the remaining
provisions shall not in any way be affected or impaired thereby. Each provision,
paragraph or subparagraph of this Release of Claims is severable from all others
and constitutes a separate and distinct covenant. 6. No Waiver A failure of any
of the Released Parties to insist on strict compliance with any provision of
this Release of Claims shall not be deemed a waiver of such provision or any
other provision hereof. 7. Entire Agreement This Release of Claims, including
the Restrictive Covenants, contains the entire agreement between the Company and
you relating to the matters contained herein and amends, supersedes and restates
all prior agreements and understandings, oral or written, between the Company
and you with respect to the subject matter hereof. 8. Governing Law This
Agreement shall be construed, administered, and enforced according to the laws
of the Commonwealth of Pennsylvania, without regard to choice of law principles,
and except as preempted by federal law.

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Agreed to and accepted by the undersigned the day of ________________, ______.
___________________________ _____________________________ Employee Witness

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Exhibit D Restrictive Covenant Obligations (see attached)

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Restrictive Covenant Obligations 1. Acknowledgment: For purposes of this Exhibit
D (this “Exhibit”), the term “Company” shall include Triumph Group, Inc. and any
of its subsidiaries. Executive acknowledges that Executive has had access to the
Company’s confidential information, customer information, customer and
prospective customer relationships, employee relationships, vendor
information/relationships, and other key business information and relationships
that are integral to the Company’s ability to achieve its business goals and
remain competitive. In order to protect these legitimate business interests, and
in consideration for the payments and benefits provided in this Plan, Executive
agrees to the following restrictions. 2. Definitions: (a). As used in this
Exhibit, the term “Business” means the manufacturing, overhauling, repair, or
sale of aerospace structures, systems, components, or accessories for commercial
and military aircrafts; provided, however, that the term “Business” as defined
herein is restricted to the manufacturing, overhauling, repair, or sale of
aerospace structures, systems, components or accessories made available, or
under development, by the Company to its customers at the time Executive
executes this Exhibit. (b). As used in this Exhibit, “Confidential Information”
means any and all information, observations and data of any sort (whether or not
embodied in a tangible or intangible form) relating in any way to the Company or
any of its parents, subsidiaries or affiliates, that is not generally known to
the public and that is disclosed or otherwise revealed to Executive, or
discovered or otherwise obtained by Executive, or of which Executive became
aware, directly or indirectly, at any time during the course of Executive’s
employment with, or service to, the Company. Confidential Information includes,
but is not limited to, models, drawings, blueprints, memoranda, documents or
records; information relating to research, manufacturing processes, bills of
material, finance, accounting, sales, personnel management and operations; and
information particularly relating to customer lists, price lists, customer
service requirements, costs of providing service and equipment or pricing and
equipment maintenance costs. Confidential Information does not include
information that: (i) becomes available to the public through no wrongful action
of Executive’s or anyone acting on Executive’s behalf; or (ii) is received from
a third party without restriction and without breach of this Exhibit or any
agreement which the third party may have with the Company. (c). As used in this
Exhibit, the term “Restrictive Period” means the twelve (12) month period after
the Separation Date. (d). As used in this Exhibit, the term “Restricted
Geographic Area” means any state in which Executive performed services for the
Company (including, without limitation, supervisory services), held supervisory
or oversight responsibilities, or pertaining to which Executive received or
otherwise hold Confidential Information. 3. Confidentiality: Executive
acknowledges Executive’s continuing obligations under any agreements Executive
has signed regarding post-employment duties of confidentiality, protection of
trade secrets, inventions assignment, and/or non-solicitation/non-competition as
if such

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obligations were fully set forth herein. Additionally, Executive agrees that
Executive shall not at any time use, publish, disclose, or authorize anyone else
to use, publish, or disclose any Confidential Information belonging or relating
to the Company. 4. Non-Disparagement: Subject to Section 5 and Section 6, below,
Executive agrees not to make, or induce anyone else to make, any false,
disparaging or derogatory statements about the Company or any of the Released
Parties, including, but not limited to, Triumph, its employees, its business
practices, projects, clients, or services to any third party (whether orally or
in writing). 5. Defend Trade Secrets Act: The Federal Defend Trade Secrets Act
of 2016 provides immunity in certain circumstances to Company employees (defined
as employees, contractors, and consultants) for limited disclosures of the
Company’s trade secrets. Specifically, a Company employee, may disclose trade
secrets: (a) in confidence, either directly or indirectly, to a federal, state,
or local government official, either directly or indirectly, or to such
employee’s attorney, in each case, solely for the purpose of reporting or
investigating a suspected violation of law, or (b) in a complaint or other
document filed in a lawsuit or other proceeding, if such filing is made under
seal. Additionally, a Company employee who files a retaliation lawsuit for
reporting a suspected violation of law may also use and disclose related trade
secrets in the following manner: (x) the individual may disclose the trade
secret to his/her attorney, and (y) the individual may use the information in a
related court proceeding, as long as the individual files documents containing
the trade secret under seal and does not otherwise disclose the trade secret
except pursuant to court order. 6. Permitted Disclosures: Nothing in this
Exhibit (including with respect to confidential information, and trade secrets)
is intended to be or will be construed to prevent, impede, or interfere with
Executive’s right to respond accurately and fully to any question, inquiry, or
request for information regarding Executive’s employment with the Company when
required by legal process by a federal, state or other legal authority, or from
voluntarily initiating communications directly with, or responding to any
inquiry from, or providing truthful testimony and information to, any federal,
state, or other regulatory authority in the course of an investigation or
proceeding authorized by law and carried out by such agency. Executive does not
need the prior authorization of the Company to make any such reports or
disclosures and Executive is not required to notify the Company that Executive
has made such reports or disclosures. 7. Non-Competition: During the Restrictive
Period Executive will not, anywhere in the Restricted Geographic Area, directly
or indirectly participate in the ownership, management, operation, financing or
control of, or be employed by, or consult for, or otherwise render services to
(with or without compensation), any person, corporation, firm, or other entity
that engages in, or is preparing to engage in, the Business; provided, however,
that Executive may invest Executive’s funds in securities of an entity which
engages in the Business if the securities of such entity are listed for trading
on a registered securities exchange or actively traded in an over- the-counter
market and Executive’s holdings represent less than one percent (1%) of the
total number of outstanding shares or principal amount of the securities of such
a person.

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8. Non-Solicitation of Customers: During the Restrictive Period, Executive will
not, on behalf of any other Business, directly or indirectly, solicit business
from, or perform services for, or for the benefit of, any customer or account of
the Company (a) with which Executive had direct or indirect contact, or (b)
about which Executive has or had knowledge of Confidential Information, in each
case, during the twenty-four (24) months immediately preceding the date
Executive’s employment with the Company terminates for any reason (the
“Separation Date”). 9. Non-Inducement and Non-Hire: During the Restrictive
Period, Executive will not, directly or indirectly, solicit, hire, engage,
attempt to solicit or hire or engage, or participate in any attempt to solicit
or hire or engage, any person who, during the twenty-four (24) months
immediately preceding the Separation Date, is or was an officer, employee, or
consultant of the Company. 10. Injunctive Relief: Executive acknowledges that
the restrictions contained in this Exhibit are necessary to protect the
legitimate business interests of the Company and that Executive’s violation of
any of the restrictions contained in this Exhibit would result in irreparable
harm and injury to the Company, for which remedies at law will not be adequate.
Accordingly, in the event of a breach or threatened breach by Executive of any
of the provisions in this Exhibit, Executive agrees that the Company shall be
entitled to seek, in addition to other available remedies, a temporary or
permanent injunction or other equitable relief against such breach or threatened
breach from any court of competent jurisdiction, without the necessity of
showing any actual damages or that monetary damages would not afford an adequate
remedy, and without the necessity of posting any bond or other security.
Executive acknowledges and agrees that such injunctive relief shall be in
addition to, and not in lieu of, any legal remedies, other equitable remedies,
monetary damages or other available forms of relief. 11. Company Property:
Executive acknowledges and agrees that, as of the Separation Date, Executive
will return to the Company all Company property and equipment in Executive’s
possession or subject to Executive’s control, including, without limitation, all
keys, badges, manuals, credit cards, engineering stamps, Company or customer
data or documents (whether in electronic or paper form and including all
copies), notes, lists, correspondence, software, laptops, phones, pagers,
parking passes and any other property belonging to the Company. Executive
further agrees that Executive will permanently delete any and all Company
property which cannot be returned to the Company in its entirety, including any
Company property stored on a personal cloud storage service. 12. Notification:
Executive agrees that in the event Executive is offered to enter into an
employment relationship with a third party at any time during the Restrictive
Period, Executive shall immediately notify the Company in writing and otherwise
advise said other third party of the existence of this Exhibit and shall
immediately provide said person or entity with a copy of this Exhibit.
915604-NYCSR05A - MSW

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