Exhibit 10.1

Celanese Corporation
2018 Global Incentive Plan

April 23, 2018

1.    Purpose
The purpose of the Celanese Corporation 2018 Global Incentive Plan (the “Plan”)
is to advance the interests of Celanese Corporation (the “Company”) by enabling
the Company and its subsidiaries to attract, retain and motivate employees and
consultants of the Company by providing for or increasing the proprietary
interests of such individuals in the Company, and by enabling the Company to
attract, retain and motivate its non-employee directors and further align their
interests with those of the stockholders of the Company by providing for or
increasing the proprietary interests of such directors in the Company. The Plan
supersedes the Company’s prior 2009 Global Incentive Plan with respect to awards
from and after the Effective Date, and provides for the grant of Incentive and
Nonqualified Stock Options, Stock Appreciation Rights, Restricted Stock and
Restricted Stock Units, any of which may be performance-based, and for Incentive
Bonuses, which may be paid in cash or stock or a combination thereof, as
determined by the Committee. On and after the Effective Date, no further grants
shall be made under the Prior Plan, which plan shall remain in effect solely as
to outstanding awards thereunder.
2.    Definitions
As used in the Plan, the following terms shall have the meanings set forth
below:
(a) “Award” means an Incentive Stock Option, Nonqualified Stock Option, Stock
Appreciation Right, Restricted Stock, Restricted Stock Unit or Incentive Bonus
granted to a Participant pursuant to the provisions of the Plan, any of which
the Committee may structure to qualify in whole or in part as a Performance
Award.
(b) “Award Agreement” means a written agreement or other instrument as may be
approved from time to time by the Committee implementing the grant of each
Award. An Award Agreement may be in the form of an agreement to be executed by
both the Participant and the Company (or an authorized representative of the
Company) or certificates, notices or similar instruments as approved by the
Committee.
(c) “Change in control” or “change of control”, whether or not capitalized,
shall have the meaning prescribed in the applicable Award Agreements; provided,
however, that for any Award granted after the Effective Date, such definitions
shall provide that a change of control shall not be deemed to have occurred
unless (i) the applicable triggering transaction has been consummated and (ii)
in case of a triggering transaction based on a change in ownership or
acquisition of ownership, the threshold level of ownership change or acquisition
that would trigger a change of control shall be at least thirty percent (30%).
(d) “Board” means the board of directors of the Company.
(e) “Code” means the Internal Revenue Code of 1986, as amended from time to
time, and the rulings and regulations issued thereunder.
(f) “Committee” means the Committee delegated the authority to administer the
Plan in accordance with Section 17.
(g) “Common Share” means a share of the Company’s Series A common stock, subject
to adjustment as provided in Section 12.
(h) “Company” means Celanese Corporation, a Delaware corporation.
(i) “Effective Date” has the meaning set forth in Section 4.
(j) “Fair Market Value” means, as of any given date, the average of the high and
low sales price on such date during normal trading hours (or, if there are no
reported sales on such date, on the last date prior to such date on which there
were sales) of the Common Shares on the New York Stock Exchange Composite Tape
or, if not listed on such exchange, on any other national securities exchange on
which the Common Shares are listed, in any case, as reporting in such source as
the Committee shall select. If there is no regular public trading market

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for such Common Shares, the Fair Market Value of the Common Shares shall be
determined by the Committee in good faith and in compliance with Section 409A of
the Code.
(k) “Incentive Bonus” means a bonus opportunity awarded under Section 9 pursuant
to which a Participant may become entitled to receive an amount based on
satisfaction of such performance criteria as are specified by the Committee.
(l) “Incentive Stock Option” means a stock option that is intended to qualify as
an “incentive stock option” within the meaning of Section 422 of the Code.
(m) “Non-employee Director” means each person who is, or is elected to be, a
member of the Board and who is not an employee of the Company or any Subsidiary.
(n) “Nonqualified Stock Option” means a stock option that is not intended to
qualify as an “incentive stock option” within the meaning of Section 422 of the
Code.
(o) “Option” means an Incentive Stock Option and/or a Nonqualified Stock Option
granted pursuant to Section 6 of the Plan.
(p) “Participant” means any individual described in Section 3 to whom Awards
have been granted from time to time by the Committee and any authorized
transferee of such individual.
(q) “Performance Award” means an Award, the grant, issuance, retention, vesting
or settlement of which is subject to satisfaction of one or more performance
criteria pursuant to Section 13.
(r) “Performance Criteria” has the meaning set forth in Section13(b).
(s) “Plan” means the Celanese Corporation 2018 Global Incentive Plan as set
forth herein and as amended from time to time.
(t) “Prior Plan” means the Celanese Corporation 2009 Global Incentive Plan, as
amended.
(u) “Restricted Stock” means Common Shares granted pursuant to Section 8 of the
Plan.
(v) “Restricted Stock Unit” or “RSU” means an Award granted to a Participant
pursuant to Section 8 pursuant to which Common Shares or cash in lieu thereof
may be issued in the future.
(w) “Stock Appreciation Right” or “SAR” means a right granted pursuant to
Section 7 of the Plan that entitles the Participant to receive, in cash or
Common Shares or a combination thereof, as determined by the Committee, value
equal to or otherwise based on the excess of (i) the market price of a specified
number of Common Shares at the time of exercise over (ii) the exercise price of
the right, as established by the Committee on the date of grant.
(x) “Subsidiary” means any corporation (other than the Company) in an unbroken
chain of corporations beginning with the Company where each of the corporations
in the unbroken chain other than the last corporation owns stock possessing at
least 50 percent or more of the total combined voting power of all classes of
stock in one of the other corporations in the chain, and if specifically
determined by the Committee in the context other than with respect to Incentive
Stock Options, may include an entity in which the Company has a significant
ownership interest or that is directly or indirectly controlled by the Company.
(y) “Substitute Awards” means Awards granted or Common Shares issued by the
Company in assumption of, or in substitution or exchange for, awards previously
granted, or the right or obligation to make future awards, by a corporation
acquired by the Company or any Subsidiary or with which the Company or any
Subsidiary combines.
3.    Eligibility
Any person who is an officer or employee of the Company or of any Subsidiary
(including any director who is also an employee, in his or her capacity as such)
and any Non-employee Director shall be eligible for selection by the Committee
for the grant of Awards hereunder. In addition, any service provider who has
been retained to provide consulting, advisory or other services to the Company
or to any Subsidiary shall be eligible for selection by the Committee for the
grant of Awards hereunder. Options intending to qualify as Incentive Stock
Options may only be granted to employees of the Company or any Subsidiary within
the meaning of the Code, as selected by the Committee.

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4.    Effective Date and Termination of the Plan    
This Plan was adopted by the Board and became effective as of April 23, 2018
(the “Effective Date”), following approval by the Company’s stockholders at the
2018 Annual Meeting. The Plan shall remain available for the grant of Awards
until the tenth (10th) anniversary of the Effective Date. Notwithstanding the
foregoing, the Plan may be terminated at such earlier time as the Board may
determine. Termination of the Plan will not affect the rights and obligations of
the Participants and the Company arising under Awards theretofore granted and
then in effect.
5.    Common Share Subject to the Plan and to Awards
(a) Aggregate Limits. The aggregate number of Common Shares issuable pursuant to
all Awards under this Plan shall not exceed (i) 2,500,000 Common Shares, plus
(ii) any Common Shares that were authorized for issuance under the Prior Plan
that, as of the Effective Date, remain available for issuance under the Prior
Plan (not including any Common Shares that are subject to outstanding awards
under the Prior Plan or any Common Shares that were issued pursuant to awards
granted under the Prior Plan), plus (iii) any Common Shares subject to
outstanding awards under the Prior Plan that on or after the Effective Date
cease for any reason to be subject to such awards (other than by reason of
exercise or settlement of the awards to the extent they are exercised for or
settled in vested and non-forfeitable shares). The aggregate number of Common
Shares available for grant under this Plan and the number of Common Shares
subject to outstanding Awards shall be subject to adjustment as provided in
Section 12. The Common Shares issued pursuant to Awards granted under this Plan
may be shares that are authorized and unissued or shares that were reacquired by
the Company, including shares purchased in the open market; provided, however,
that any such shares purchased in the open market shall not, solely as a result
of such purchase, increase the number of Common Shares available for grant under
this Plan.
(b) Share Counting. For purposes of this Section 5, with respect to Options or
SARs, the number of Shares available for Awards under the Plan shall be reduced
by one Share for each Share covered by such Award or to which such Award relates
regardless of the actual number of Common Shares issued upon exercise or
settlement. In addition, Shares purchased in the open market with the proceeds
from Option exercises do not increase the share pool. With respect to any Awards
that are granted on or after the Effective Date, other than Options or SARs, the
number of Shares available for Awards under the Plan shall be reduced by 1.59
Shares for each Share covered by such Award or to which such Award relates.
(c) Lapsed Awards; Counting of Shares Used to Pay Option Price and Withholding
Taxes. For purposes of this Section 5, the aggregate number of Common Shares
available for Awards under this Plan at any time shall not be reduced by shares
subject to Awards that have been terminated, expired unexercised, forfeited or
settled in cash. However, for purposes of this Section 5, the aggregate number
of Common Shares available for Awards under this Plan shall be reduced by (i)
Common Shares tendered by or withheld on behalf of a Participant to pay the
exercise price of an Award (including pursuant to a net exercise), and (ii)
Common Shares otherwise issuable under the Award that are withheld by the
Company for the payment of taxes as provided in Section 16. The full number of
Common Shares with respect to which an SAR is granted shall count against the
aggregate number of Common Shares available for issuance under the Plan.
(d) Award Limits. Subject to calculation and adjustment under Section 12, the
maximum number of each type of Award (other than Incentive Bonuses) granted
under this Plan during any calendar year to any one Participant shall not exceed
the following number of shares of Common Stock: (i) Options and SARs: 1,000,000
shares; and (ii) Awards of Restricted Stock and Restricted Stock Units granted
as Performance Awards: 1,000,000 shares. The aggregate number of Common Shares
that may be issued pursuant to the exercise of Incentive Stock Options granted
under this Plan shall not exceed 2,500,000, which number shall be calculated and
adjusted pursuant to Section 12 only to the extent that such calculation or
adjustment will not affect the status of any option intended to qualify as an
Incentive Stock Option under Section 422 of the Code. The maximum cash amount
payable pursuant to that portion of an Incentive Bonus granted in any calendar
year to any Participant under this Plan shall not exceed $20,000,000.
(e) Director Compensation Limits. The maximum number of Common Shares subject to
Awards granted during a single fiscal year to any Non-employee Director, taken
together with any cash fees paid during the fiscal year to the Non-employee
Director in respect of the Director’s service as a member of the Board during
such year

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(including service as a member or chair of any committees of the Board), shall
not exceed $750,000 in total value (calculating the value of any such Awards
based on the grant date fair value of such Awards for financial reporting
purposes). The Board may make exceptions to this limit for a non-executive chair
of the Board or, in extraordinary circumstances, for other individual
Non-employee Directors, as the Board may determine in its discretion, provided
that the Non-employee Director receiving such additional compensation may not
participate in the decision to award such compensation.
(f) Substitute Awards. Substitute Awards shall not reduce the Common Shares
authorized for issuance under the Plan or authorized for grant to a Participant
in any calendar year. Additionally, in the event that a corporation acquired by
the Company or any Subsidiary, or with which the Company or any Subsidiary
combines, has shares available under a pre-existing plan approved by
stockholders and not adopted in contemplation of such acquisition or
combination, the shares available for grant pursuant to the terms of such
pre-existing plan (as adjusted, to the extent appropriate, using the exchange
ratio or other adjustment or valuation ratio or formula used in such acquisition
or combination to determine the consideration payable to the holders of common
stock of the entities party to such acquisition or combination) may be used for
Awards under the Plan and shall not reduce the Common Shares authorized for
issuance under the Plan; provided that Awards using such available shares shall
not be made after the date awards or grants could have been made under the terms
of the pre-existing plan, absent the acquisition or combination, and shall only
be made to individuals who were not employees, directors or consultants of the
Company or its Subsidiaries immediately before such acquisition or combination.
6.    Options
(a) Option Awards. Options may be granted to Participants at any time and from
time to time prior to the termination of the Plan as determined by the
Committee. No Participant shall have any rights as a stockholder with respect to
any Common Shares subject to Option hereunder until said Common Shares have been
issued. Each Option shall be evidenced by an Award Agreement. Options granted
pursuant to the Plan need not be identical but each Option must contain and be
subject to the terms and conditions set forth below.
(b) Price. The Committee shall establish the exercise price per Common Share
under each Option, which in no event will be less than the Fair Market Value of
the Common Shares on the date of grant; provided, however, that the exercise
price per Common Share with respect to an Option that is granted in connection
with a merger or other acquisition as a substitute or replacement award for
options held by optionees of the acquired entity may be less than 100% of the
market price of the Common Shares on the date such Option is granted if such
exercise price is based on a formula set forth in the terms of the options held
by such optionees or in the terms of the agreement providing for such merger or
other acquisition. The exercise price of any Option may be paid in Common
Shares, cash or a combination thereof, as determined by the Committee, including
an irrevocable commitment by a broker to pay over such amount from a sale of the
Common Shares issuable under an Option, the delivery of previously owned Common
Shares and withholding of Common Shares deliverable upon exercise, or by any
other method approved by the Committee.
(c) Provisions Applicable to Options. The date on which Options become
exercisable shall be determined at the sole discretion of the Committee and set
forth in an Award Agreement. Unless provided otherwise in the applicable Award
Agreement, to the extent that the Committee determines that an approved leave of
absence or employment on a less than full-time basis is not a termination of
employment or other service, the vesting period and/or exercisability of an
Option may be adjusted by the Committee during or to reflect the effects of any
period during which the Participant is on an approved leave of absence or is
employed on a less than full-time basis. In no event shall any Award of Options
include any dividend equivalents with respect to such Award.
(d) Term of Options and Termination of Employment. The Committee shall establish
the term of each Option, which in no case shall exceed a period of ten (10)
years from the date of grant. Unless an Option earlier expires upon the
expiration date established pursuant to the foregoing sentence or upon the
termination of the Participant’s employment or other service, his or her rights
to exercise an Option then held shall be determined by the Committee and set
forth in an Award Agreement.
(e) Incentive Stock Options. Notwithstanding anything to the contrary in this
Section 6, in the case of the grant of an Option intending to qualify as an
Incentive Stock Option: (i) if the Participant owns stock possessing more than
10 percent of the combined voting power of all classes of stock of the Company
(a “10% Common

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Shareholder”), the exercise price of such Option must be at least 110 percent of
the Fair Market Value of the Common Shares on the date of grant and the Option
must expire within a period of not more than five (5) years from the date of
grant, and (ii) termination of employment will occur when the person to whom an
Award was granted ceases to be an employee (as determined in accordance with
Section 3401(c) of the Code and the regulations promulgated thereunder) of the
Company and its Subsidiaries. Notwithstanding anything in this Section 6 to the
contrary, options designated as Incentive Stock Options shall not be eligible
for treatment under the Code as Incentive Stock Options (and will be deemed to
be Nonqualified Stock Options) to the extent that either (a) the aggregate Fair
Market Value of Common Shares (determined as of the time of grant) with respect
to which such Options are exercisable for the first time by the Participant
during any calendar year (under all plans of the Company and any Subsidiary)
exceeds $100,000, taking Options into account in the order in which they were
granted, or (b) such Options otherwise remain exercisable but are not exercised
within three (3) months of termination of employment (or such other period of
time provided in Section 422 of the Code).
7.    Stock Appreciation Rights    
Stock Appreciation Rights may be granted to Participants from time to time
either in tandem with or as a component of other Awards granted under the Plan
(“tandem SARs”) or not in conjunction with other Awards (“freestanding SARs”)
and may, but need not, relate to a specific Option granted under Section 6. The
provisions of Stock Appreciation Rights need not be the same with respect to
each grant or each recipient. Any Stock Appreciation Right granted in tandem
with an Award may be granted at the same time such Award is granted or at any
time thereafter before exercise or expiration of such Award. All freestanding
SARs shall be granted subject to the same terms and conditions applicable to
Options as set forth in Section 6 and all tandem SARs shall have the same
exercise price, vesting, exercisability, forfeiture and termination provisions
as the Award to which they relate. Subject to the provisions of Section 6 and
the immediately preceding sentence, the Committee may impose such other
conditions or restrictions on any Stock Appreciation Right as it shall deem
appropriate. In no event shall any Award of Stock Appreciation Rights include
any dividend equivalents with respect to such Award. Stock Appreciation Rights
may be settled in Common Shares, cash or a combination thereof, as determined by
the Committee and set forth in the applicable Award Agreement.
8.    Restricted Stock and Restricted Stock Units
(a) Restricted Stock and Restricted Stock Unit Awards. Restricted Stock and
Restricted Stock Units may be granted at any time and from time to time prior to
the termination of the Plan to Participants as determined by the Committee.
Restricted Stock is an award or issuance of Common Shares the grant, issuance,
retention, vesting and/or transferability of which is subject during specified
periods of time to such conditions (including continued employment/service or
performance conditions) and terms as the Committee deems appropriate. Restricted
Stock Units are Awards denominated in units of Common Shares under which the
issuance of Common Shares is subject to such conditions (including continued
employment/service or performance conditions) and terms as the Committee deems
appropriate. Each grant of Restricted Stock and Restricted Stock Units shall be
evidenced by an Award Agreement. Unless determined otherwise by the Committee,
each Restricted Stock Unit will be equal to one Common Share and will entitle a
Participant to either the issuance of Common Shares or payment of an amount of
cash determined with reference to the value of Common Shares. To the extent
determined by the Committee, Restricted Stock and Restricted Stock Units may be
satisfied or settled in Common Shares, cash or a combination thereof. Restricted
Stock and Restricted Stock Units granted pursuant to the Plan need not be
identical but each grant of Restricted Stock and Restricted Stock Units must
contain and be subject to the terms and conditions set forth below.
(b) Contents of Agreement. Each Award Agreement shall contain provisions
regarding (i) the number of Common Shares or Restricted Stock Units subject to
such Award or a formula for determining such number, (ii) the purchase price of
the Common Shares, if any, and the means of payment, (iii) the performance
criteria, if any, and level of achievement versus these criteria that shall
determine the number of Common Shares or Restricted Stock Units granted, issued,
retainable and/or vested, (iv) such terms and conditions on the grant, issuance,
vesting and/or forfeiture of the Common Shares or Restricted Stock Units as may
be determined from time to time by the Committee, (v) the term of the
performance period, if any, as to which performance will be measured for
determining the number of such Common Shares or Restricted Stock Units, and (vi)
restrictions on the transferability of the Common Shares or Restricted Stock
Units. Common Shares issued under a Restricted Stock

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Award may be issued in the name of the Participant and held by the Participant
or held by the Company, in each case as the Committee may provide.
(c) Vesting and Performance Criteria. The grant, issuance, retention, vesting
and/or settlement of shares of Restricted Stock and Restricted Stock Units will
occur when and in such installments as the Committee determines or under
criteria the Committee establishes, which may include Performance Criteria.
(d) Discretionary Adjustments and Limits. Notwithstanding the satisfaction of
any performance goals, the number of Common Shares granted, issued, retainable
and/or vested under an Award of Restricted Stock or Restricted Stock Units on
account of either financial performance or personal performance evaluations may,
to the extent specified in the Award Agreement, be adjusted by the Committee on
the basis of such further considerations as the Committee shall determine.
(e) Voting Rights. Unless otherwise determined by the Committee, Participants
holding shares of Restricted Stock granted hereunder may exercise full voting
rights with respect to those shares during the period of restriction.
Participants shall have no voting rights with respect to Common Shares
underlying Restricted Stock Units unless and until such Common Shares are
reflected as issued and outstanding shares on the Company’s stock ledger.
(f) Dividends and Distributions. Participants in whose name Restricted Stock is
granted shall be entitled to receive all dividends and other distributions paid
with respect to those Common Shares, unless determined otherwise by the
Committee. The Committee will determine whether any such dividends or
distributions will be automatically reinvested in additional shares of
Restricted Stock and subject to the same restrictions on transferability as the
Restricted Stock with respect to which they were distributed or whether such
dividends or distributions will be paid in cash. The Committee, in its
discretion, may also grant dividend equivalents rights with respect to
Restricted Stock Units as evidenced by the applicable Award Agreement.
Notwithstanding any provision herein to the contrary, in no event will a
dividend, dividend equivalent or other distribution be made with respect to an
Award of Restricted Stock or Restricted Stock Units that becomes vested (i)
based on the satisfaction of performance criteria before the date that such
performance criteria are satisfied, or (ii) based on continued service with the
Company before the applicable vesting date.
9.    Incentive Bonuses
(a) General. Each Incentive Bonus Award will confer upon the Participant the
opportunity to earn a future payment tied to the level of achievement with
respect to one or more performance criteria established for a performance period
of not less than one (1) year.
(b) Incentive Bonus Document. The terms of any Incentive Bonus may be set forth
in an Award Agreement. Each Award Agreement evidencing an Incentive Bonus shall
contain provisions regarding (i) the target and maximum amount payable to the
Participant as an Incentive Bonus, (ii) the performance criteria and level of
achievement versus these criteria that shall determine the amount of such
payment, (iii) the term of the performance period as to which performance shall
be measured for determining the amount of any payment, (iv) the timing of any
payment earned by virtue of performance, (v) restrictions on the alienation or
transfer of the Incentive Bonus prior to actual payment, (vi) forfeiture
provisions and (vii) such further terms and conditions, in each case not
inconsistent with this Plan, as may be determined from time to time by the
Committee.
(c) Performance Criteria.     The Committee shall establish the performance
criteria and level of achievement versus these criteria that shall determine the
target and maximum amount payable under an Incentive Bonus, which criteria may
be based on financial performance and/or personal performance evaluations.
(d) Timing and Form of Payment. The Committee shall determine the timing and
form of payment of any Incentive Bonus. Payment of the amount due under an
Incentive Bonus may be made in cash or in Shares, as determined by the
Committee. The Committee may provide for or, subject to such terms and
conditions as the Committee may specify, may permit a Participant to elect for
the payment of any Incentive Bonus to be deferred to a specified date or event.
In no event shall any Award of an Incentive Bonus to be settled in Shares
include any dividend equivalents with respect to such Award.
(e) Discretionary Adjustments. Notwithstanding satisfaction of any performance
goals, the amount paid under an Incentive Bonus on account of either financial
performance or personal performance evaluations may,

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to the extent specified in the Award Agreement, be adjusted by the Committee on
the basis of such further considerations as the Committee shall determine.
10.    Deferral of Gains
The Committee may, in an Award Agreement or otherwise, provide for the deferred
delivery of Shares upon settlement, vesting or other events with respect to
Restricted Stock or Restricted Stock Units, or in payment or satisfaction of an
Incentive Bonus. Notwithstanding anything herein to the contrary, in no event
will any deferral of the delivery of Shares or any other payment with respect to
any Award be allowed if the Committee determines, in its sole discretion, that
the deferral would result in the imposition of the additional tax under Section
409A(a)(1)(B) of the Code. No award shall provide for deferral of compensation
that does not comply with Section 409A of the Code unless the Board, at the time
of grant, specifically provides that the Award is not intended to comply with
Section 409A of the Code. The Company shall have no liability to a Participant
or any other party if an Award that is intended to be exempt from, or compliant
with, Section 409A is not so exempt or compliant or for any action taken by the
Board.
11.    Conditions and Restrictions Upon Securities Subject to Awards
The Committee may provide that the Common Shares issued upon exercise of an
Option or Stock Appreciation Right or otherwise subject to or issued under an
Award shall be subject to such further agreements, restrictions, conditions or
limitations as the Committee in its discretion may specify prior to the exercise
of such Option or Stock Appreciation Right or the grant, vesting or settlement
of such Award, including without limitation, conditions on vesting or
transferability, forfeiture or repurchase provisions and method of payment for
the Common Shares issued upon exercise, vesting or settlement of such Award
(including the actual or constructive surrender of Common Shares already owned
by the Participant) or payment of taxes arising in connection with an Award.
Without limiting the foregoing, such restrictions may address the timing and
manner of any resale by the Participant or other subsequent transfers by the
Participant of any Common Shares issued under an Award, including without
limitation (i) restrictions under an insider trading policy or pursuant to
applicable law, (ii) restrictions designed to delay and/or coordinate the timing
and manner of sales by the Participant and holders of other Company equity
compensation arrangements, (iii) restrictions as to the use of a specified
brokerage firm for such resale or other transfers, and (iv) provisions requiring
Common Shares to be sold on the open market or to the Company in order to
satisfy tax withholding or other obligations.
12.    Adjustment of and Changes in the Stock
The number and kind of Common Shares available for issuance under this Plan
(including under any Awards then outstanding), and the number and kind of Common
Shares subject to the limits set forth in Section 5 of this Plan, shall be
equitably adjusted by the Committee to reflect any reorganization,
reclassification, combination of shares, stock split, reverse stock split,
spin-off, dividend or distribution of securities, property or cash (other than
regular, quarterly cash dividends), or any other event or transaction that
affects the number or kind of Common Shares of the Company outstanding. Such
adjustment may be designed to comply with Section 424 of the Code or, except as
otherwise expressly provided in Section 5(c) of this Plan, may be designed to
treat the Common Shares available under the Plan and subject to Awards as if
they were all outstanding on the record date for such event or transaction or to
increase the number of such Common Shares to reflect a deemed reinvestment in
Common Shares of the amount distributed to the Company’s security holders. The
terms of any outstanding Award shall also be equitably adjusted by the Committee
as to price, number or kind of Common Shares subject to such Award, vesting
(including performance criteria, if applicable) and other terms to reflect the
foregoing events, which adjustments need not be uniform as between different
Awards or different types of Awards.
In the event there shall be any other change in the number or kind of
outstanding Common Shares, or any stock or other securities into which such
Common Shares shall have been changed, or for which it shall have been
exchanged, by reason of a change of control, other merger, consolidation or
otherwise, then the Committee shall determine the appropriate and equitable
adjustment to be effected. In addition, in the event of such change described in
this paragraph, the Committee may accelerate the time or times at which any
Award may be exercised and may provide for cancellation of such accelerated
Awards that are not exercised within a time prescribed by the Committee in its
sole discretion.

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No right to purchase fractional shares shall result from any adjustment in
Awards pursuant to this Section 12. In case of any such adjustment, the Common
Shares subject to the Award shall be rounded down to the nearest whole share.
The Company shall notify Participants holding Awards subject to any adjustments
pursuant to this Section 12 of such adjustment, but (whether or not notice is
given) such adjustment shall be effective and binding for all purposes of the
Plan.
13.    Performance Awards
(a) General. The Committee may establish performance criteria and the level of
achievement versus such criteria that shall determine the number of Common
Shares, units, or the amount of cash to be granted, retained, vested, issued or
issuable under or in settlement of or the amount payable pursuant to an Award,
which criteria may be based on Performance Criteria or other standards of
financial performance and/or personal performance evaluations, which Awards are
referred to as “Performance Awards.” The Committee shall certify the extent to
which any Performance Criteria have been satisfied and the amount payable as a
result thereof, prior to payment, settlement or vesting of any Performance
Award. Any such Performance Award shall be subject to the applicable individual
award limits under Section 5(d). Notwithstanding satisfaction of any performance
goals, the number of Common Shares issued under or the amount paid under an
award may, to the extent specified in the Award Agreement, be adjusted by the
Committee on the basis of such further considerations as the Committee in its
sole discretion shall determine. In no event shall any Performance Award to be
settled in Shares include any dividend equivalents with respect to such
Performance Award.
(b) Performance Criteria. For purposes of this Plan, the term “Performance
Criteria” shall mean any one or more of the following performance criteria,
either individually, alternatively or in any combination, applied to either the
Company as a whole or to a business unit, segment, core or Subsidiary, either
individually, alternatively or in any combination, and measured either annually
or cumulatively over a period of years, on an absolute basis or relative to a
pre-established target, to previous years’ results or to a designated comparison
group, in each case as specified by the Committee: (i) cash flow (before or
after dividends) or cash from operations, (ii) earnings, profit or income
measures or earnings per share, (iii) stock price (including, but not limited
to, growth measures and total stockholder return), (iv) cost control measures,
expense targets, productivity and ratios thereof, (v) improvement of financial
ratings, (vi) return measures (including, but not limited to, return on assets,
net assets, capital, investment, invested capital, equity, sales or revenue),
(vii) market share, (viii) market capitalization, (ix) economic value added, (x)
debt levels or reduction or leverage (debt to capital), (xi) revenue or revenue
growth, (xii) balance sheet metrics, (xiii) operating margin, profit margin or
other margin metrics, (xiv) return on operating revenue or operating ratio, (xv)
successful completion of, or achievement of milestones or objectives related to,
financing or capital raising transactions, strategic acquisitions or
divestitures, joint ventures, partnerships or other transactions, (xvi)
implementation, completion or attainment of measurable objectives with respect
to recruitment or retention of personnel or employee satisfaction, (xvii)
operating revenue or efficiency, (xviii) bookings, (xix) backlog, (xx) customer
metrics (including service, retention, profitability, satisfaction or customer
contract terms), (xxi) working capital targets, (xxii) environmental, health
and/or safety goals, (xxiii) strategic initiatives or sustainability metrics
(including, but not limited to, corporate governance, consumer advocacy,
enterprise risk management, employee development and portfolio restructuring),
and/or (xxiv) such other metrics similar to the foregoing determined by the
Board or the Committee for a specific award; and provided that such foregoing
business criteria shall include any derivations of business criteria listed
above (e.g., income shall include pre-tax income, net income, operating income
or other recognized derivation thereof). The Committee (A) may appropriately
adjust any evaluation of performance under a Performance Criteria to eliminate
the effects of charges for restructurings, discontinued operations, any other
unusual or infrequent items, and all items of gain, loss or expense determined
to be unusual or infrequent in nature or related to the acquisition or disposal
of a segment of a business or formation of a joint venture or related to a
change in accounting principle all as determined in accordance with standards
established by the Financial Accounting Standards Board Accounting Standards
Codification 225-20, Income Statement - Unusual or Infrequently Occurring Items
or other applicable or successor accounting provisions, as well as the
cumulative effect of accounting changes, in each case as determined in
accordance with generally accepted accounting principles or identified in the
Company’s financial statements or notes to the financial statements, and (B) may
appropriately adjust any evaluation of performance under Performance Criteria to
exclude any of the following events that occurs during a performance period: (i)
asset write-downs, (ii) litigation, claims, judgments or

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settlements, (iii) the effect of changes in tax law or other such laws or
provisions affecting reported results and (iv) accruals for reorganization and
restructuring programs.
14.    Transferability
Unless the Committee provides otherwise, each Award may not be sold,
transferred, pledged, assigned, or otherwise alienated or hypothecated by a
Participant other than by will or the laws of descent and distribution, and each
Option or Stock Appreciation Right shall be exercisable only by the Participant
during his or her lifetime; provided, however, that a Participant may transfer
an Award for no consideration to the Participant’s “family members” as defined
in Form S-8 under the Securities Act of 1933. In no event shall Awards be
transferable for value or consideration.
15.    Compliance with Laws and Regulations
This Plan, the grant, issuance, vesting, exercise and settlement of Awards
hereunder, and the obligation of the Company to sell, issue or deliver Common
Shares under such Awards, shall be subject to all applicable foreign, federal,
state and local laws, rules and regulations, stock exchange rules and
regulations, and to such approvals by any governmental or regulatory agency as
may be required. The Company shall not be required to register in a
Participant’s name or deliver any Common Shares prior to the completion of any
registration or qualification of such shares under any foreign, federal, state
or local law or any ruling or regulation of any government body which the
Committee shall determine to be necessary or advisable. To the extent the
Company is unable to or the Committee deems it infeasible to obtain authority
from any regulatory body having jurisdiction, which authority is deemed by the
Company’s counsel to be necessary to the lawful issuance and sale of any Common
Shares hereunder, the Company and its Subsidiaries shall be relieved of any
liability with respect to the failure to issue or sell such Common Shares as to
which such requisite authority shall not have been obtained. No Option shall be
exercisable and no Common Shares shall be issued and/or transferable under any
other Award unless a registration statement with respect to the Common Shares
underlying such Option is effective and current or the Company has determined
that such registration is unnecessary.
16.     Withholding
To the extent required by applicable federal, state, local or foreign law, a
Participant shall be required to satisfy, in a manner satisfactory to the
Company, any withholding tax obligations that arise by reason of an Option
exercise, disposition of Common Shares issued under an Incentive Stock Option,
the vesting of or settlement of an Award, an election pursuant to Section 83(b)
of the Code or otherwise with respect to an Award. The Company and its
Subsidiaries shall not be required to issue Common Shares, make any payment or
to recognize the transfer or disposition of Common Shares until such obligations
are satisfied. The Committee may provide for or permit the withholding
obligations (at up to maximum statutory rates) to be satisfied through the
mandatory or elective sale of Common Shares and/or by having the Company
withhold a portion of the Common Shares that otherwise would be issued to a
Participant upon exercise of the Option or the vesting or settlement of an
Award, or by tendering Common Shares previously acquired. The Company shall also
be authorized to deduct withholding taxes from a Participant’s other
compensation or to make other arrangements to satisfy withholding tax
obligations. The Company shall further be authorized to deduct from any payment
under an Award or from a Participant’s other compensation any tax or social
insurance payment imposed on the Company or Subsidiary in connection with such
Award.
17.    Administration of the Plan
(a) Administration by Committee. The Plan shall be administered by the
Compensation Committee of the Board (howsoever denominated) or, in the absence
of a Compensation Committee, or in the event the Compensation Committee is not
properly constituted, by the Board itself. Any power of the Committee may also
be exercised by the Board, except to the extent that the grant or exercise of
such authority would cause any Award or transaction to become subject to (or
lose an exemption under) the short-swing profit recovery provisions of Section
16 of the Securities Exchange Act of 1934. To the extent that any permitted
action taken by the Board conflicts with action taken by the Committee, the
Board action shall control. The Committee may by resolution authorize one or
more officers of the Company to perform any or all things that the Committee is
authorized and empowered to do or perform under the Plan, and for all purposes
under this Plan, such officer or officers shall be treated as the Committee;
provided, however, that the resolution so authorizing such officer or

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officers shall specify the total number of Awards (if any) such officer or
officers may award pursuant to such delegated authority, and any such Award
shall be subject to the form of Award Agreement theretofore approved by the
Committee; provided, further, that no such officer shall have the authority to
grant Awards to Non-employee Directors or “executive officers” of the Company
subject to Section 16 of the Securities Exchange Act of 1934. No such officer
shall designate himself or herself as a recipient of any Awards granted under
authority delegated to such officer. In addition, the Committee may delegate any
or all aspects of the day-to-day administration of the Plan to one or more
officers or employees of the Company or any Subsidiary, and/or to one or more
agents.
(b) Powers of the Committee. Subject to the express provisions of this Plan, the
Committee shall be authorized and empowered to do all things that it determines
to be necessary or appropriate in connection with the administration of this
Plan, including, without limitation: (i) to prescribe, amend and rescind rules
and regulations relating to this Plan and to define terms not otherwise defined
herein; (ii) to determine which persons are Participants, to which of such
Participants, if any, Awards shall be granted hereunder and the timing of any
such Awards; (iii) to grant Awards to Participants and determine the terms and
conditions thereof, including the number of Common Shares subject to Awards and
the exercise or purchase price of such Common Shares and the circumstances under
which Awards become exercisable or vested or are forfeited or expire, which
terms may but need not be conditioned upon the passage of time, continued
employment or other service, the satisfaction of performance criteria, the
occurrence of certain events (including events which constitute a change of
control), or other factors; (iv) to establish and verify the extent of
satisfaction of any performance goals or other conditions applicable to the
grant, issuance, exercisability, vesting and/or ability to retain any Award; (v)
to prescribe and amend the terms of the agreements or other documents evidencing
Awards made under this Plan (which need not be identical) and the terms of or
form of any document or notice required to be delivered to the Company by
Participants under this Plan; (vi) to determine the extent to which adjustments
are required pursuant to Section 12; (vii) to interpret and construe this Plan,
any rules and regulations under this Plan and the terms and conditions of any
Award granted hereunder, and to make exceptions to any such provisions in good
faith and for the benefit of the Company; and (viii) to make all other
determinations deemed necessary or advisable for the administration of this
Plan.
(c) Determinations by the Committee. All decisions, determinations and
interpretations by the Committee regarding the Plan, any rules and regulations
under the Plan and the terms and conditions of or operation of any Award granted
hereunder, shall be final and binding on all Participants, beneficiaries, heirs,
assigns or other persons holding or claiming rights under the Plan or any Award.
The Committee shall consider such factors as it deems relevant, in its sole and
absolute discretion, to making such decisions, determinations and
interpretations including, without limitation, the recommendations or advice of
any officer or other employee of the Company and such attorneys, consultants and
accountants as it may select.
18.    Amendment of the Plan or Awards
(a) General. The Board may amend, alter or discontinue this Plan and the
Committee may amend, or alter any agreement or other document evidencing an
Award made under this Plan. An amendment shall be contingent on approval of the
Company’s stockholders to the extent stated by the Board, required by applicable
law or required by applicable stock exchange listing requirements.
Notwithstanding the foregoing, any amendment to Section 18(b) shall be
contingent upon the approval of the Company’s stockholders. No amendment or
alteration to the Plan or an Award or Award Agreement shall be made which would
impair the rights of the holder of an Award, without such holder’s consent,
provided that no such consent shall be required if the Committee determines in
its sole discretion and prior to the date of any change of control that such
amendment or alteration either is required or advisable in order for the
Company, the Plan or the Award to satisfy any law or regulation or to meet the
requirements of or avoid adverse financial accounting consequences under any
accounting standard.
(b) No Repricing of Options or SARs. Notwithstanding any provision herein to the
contrary, without stockholder approval, except in connection with a corporate
transaction involving the Company (including, without limitation, a stock
dividend, stock split, extraordinary cash dividend, recapitalization, merger,
consolidation, split-up, spin-off, combination, exchange of shares or other
transaction contemplated by Section 12), the terms of outstanding Awards may not
be amended to reduce the exercise price of outstanding Options

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or SARs, or cancel outstanding Options or SARs in exchange for cash, other
Awards or Options or SARs with an exercise price that is less than the exercise
price of the original Options or SARS.
19.    Miscellaneous
(a) No Liability of Company. The Company and any Subsidiary or affiliate which
is in existence or hereafter comes into existence shall not be liable to a
Participant or any other person as to: (i) the non-issuance or sale of Common
Shares as to which the Company has been unable to obtain from any regulatory
body having jurisdiction the authority deemed by the Company’s counsel to be
necessary to the lawful issuance and sale of any Common Shares hereunder; and
(ii) any tax consequence expected, but not realized, by any Participant or other
person due to the receipt, exercise or settlement of any Award granted
hereunder.
(b) Non-Exclusivity of Plan. Neither the adoption of this Plan by the Board nor
the submission of this Plan to the stockholders of the Company for approval
shall be construed as creating any limitations on the power of the Board or the
Committee to adopt such other incentive arrangements as either may deem
desirable, including, without limitation, the granting of restricted stock or
stock options otherwise than under this Plan. Further, such arrangements may be
either generally applicable or applicable only in specific cases.
(c) Governing Law. This Plan and any agreements or other documents hereunder
shall be interpreted and construed in accordance with the laws of Delaware and
applicable federal law.
(d) No Right to Employment, Reelection or Continued Service. Nothing in this
Plan or an Award Agreement shall interfere with or limit in any way the right of
the Company, its Subsidiaries and/or its affiliates to terminate any
Participant’s employment, service on the Board or service for the Company at any
time or for any reason not prohibited by law, nor shall this Plan or an Award
itself confer upon any Participant any right to continue his or her employment
or service for any specified period of time. Neither an Award nor any benefits
arising under this Plan shall constitute an employment contract with the
Company, any Subsidiary and/or its affiliates.
(e) Unfunded Plan. The Plan is intended to be an unfunded plan. Participants are
and shall at all times be general creditors of the Company with respect to their
Awards. If the Committee or the Company chooses to set aside funds in a trust or
otherwise for the payment of Awards under the Plan, such funds shall at all
times be subject to the claims of the creditors of the Company in the event of
its bankruptcy or insolvency.
(f) Employees Based Outside of the United States. Notwithstanding any provision
of the Plan to the contrary, in order to foster and promote achievement of the
purposes of the Plan or to comply with the provisions of laws in other countries
in which the Company and its Subsidiaries operate or have employees, the
Committee, in its sole discretion, shall have the power and authority to: (1)
determine which employees that are subject to the tax laws of nations other than
the United States are eligible to participate in the Plan, (2) modify the terms
and conditions of any Awards granted to employees who are employed outside the
United States, and (3) establish sub-plans, modified exercise procedures and
other terms and procedures to the extent such actions may be necessary or
advisable in such foreign jurisdictions.
(g) Discretionary Nature of Benefit. The grant of Awards by the Committee is a
one-time benefit and does not create any contractual or other right to receive a
grant of an Award or any payment or benefit in lieu of an Award in the future.
The Committee’s selection of an eligible employee to receive an Award in any
year or at any time shall not require the Committee to consider or select such
employee to receive an Award in any other year or at any other time. Further,
the selection of an employee to receive one type of Award under the Plan does
not require the Committee to select such employee to receive any other type of
Award under the Plan. The Committee shall consider such factors it deems
pertinent in selecting Participants and in determining the type and amount of
their respective Awards. Future grants, if any, will be made at the sole
discretion of the Committee, including, but not limited to, the timing of any
grant, the number of shares or units awarded or the value of any such Award,
vesting and exercise provisions, exercise or grant price and any and all other
terms and conditions governing such Awards.
(h) Voluntary Participation. Participation in the Plan is voluntary and the
value of any Award is an extraordinary item of compensation outside the scope of
a Participant’s employment contract or agreement, if any. As such, the Award is
not part of normal or expected compensation for purposes of calculating any
severance, resignation, redundancy or end of service payments or benefits,
bonuses, service or long-service awards, pension and / or retirement benefits,
or any similar benefits or payments.

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(i) Clawbacks. All awards, amounts, or benefits received or outstanding under
the Plan will be subject to clawback, cancellation, recoupment, rescission,
payback, reduction, or other similar action in accordance with the terms of any
Company clawback or similar policy or any applicable law related to such
actions, as may be in effect from time to time. A Participant’s acceptance of an
Award will be deemed to constitute the Participant’s acknowledgement of and
consent to the Company’s application, implementation, and enforcement of any
such policy that may apply to the Participant, whether adopted prior to or
following the Effective Date, and any provision of applicable law relating to
clawback, cancellation, recoupment, rescission, payback, or reduction of
compensation, and the Participant’s agreement that the Company may take such
actions as may be necessary to effectuate any such policy or applicable law,
without further consideration or action.

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