EX-10.2



 Exhibit 10.2 
 EXECUTION VERSION 
 AMENDED AND RESTATED RESTRICTED STOCK UNIT GRANT AGREEMENT

 THIS AMENDED AND RESTATED RESTRICTED STOCK UNIT GRANT AGREEMENT (“Agreement”), is made as of this 14th
day of January, 2013 between LVB Acquisition, Inc. (the “Company”) and Jeffrey R. Binder (the “Participant”). 
 WHEREAS, the Company has adopted and maintains the LVB Acquisition, Inc. 2012 Restricted Stock Unit Plan (the “Plan”) to promote the interests of the Company and its Affiliates and
stockholders by providing the executives and key employees of the Company and its Affiliates with an appropriate incentive to encourage them to continue in the employ of the Company or an Affiliate and to improve the growth and profitability of the
Company; 
 WHEREAS, the Plan provides for the Grant to Participants of Restricted Stock Units to acquire shares of Common
Stock; 
 WHEREAS, the Company and the Participant entered into that certain Restricted Stock Unit Grant Agreement dated as of
July 31, 2012, as amended (the “Prior Agreement”); 
 WHEREAS, Section 4.6 of the Plan provides that
the Board of Directors of the Company may, in its absolute discretion, amend the Plan or terms of any Restricted Stock Unit; 

WHEREAS, the Company and the Participant desire to amend and restate the Prior Agreement to provide certain benefits upon termination of
employment; 
 NOW, THEREFORE, in consideration of the premises and the mutual covenants hereinafter set forth, the parties
hereto hereby agree as follows: 
 1. Grant of Restricted Stock Units. Pursuant to, and subject to, the terms and conditions set
forth herein and in the Plan, the Company hereby grants to the Participant Restricted Stock Unit(s) (the “Restricted Stock Unit(s)”) with respect to 2,800,000 shares of Common Stock, of which 1,880,000 shall be Time-Based Restricted
Stock Units and 920,000 shall be Performance-Based Restricted Stock Units. 
 2. Grant Date. The Grant Date of the Restricted
Stock Unit hereby granted is July 31, 2012, with a deemed Grant Date for purposes of calculating a vesting date pursuant to Section 5 of January 1, 2012. 
 3. Grant of Management Dividend Awards. Pursuant to, and subject to, the terms and conditions set forth herein and in the Plan, the Company hereby grants to the Participant 1,880,000
Management Dividend Awards with respect to each Restricted Stock Unit. Each Management Dividend Award corresponds on a one-to-one basis with each Time-Based Restricted Stock Unit. 
 4. Incorporation of Plan. All terms, conditions and restrictions of the Plan are incorporated herein and made part hereof as if stated herein. If there is any conflict between the terms and
conditions of the Plan and this Restricted Stock Unit Grant Agreement, the terms and conditions of the Plan, as interpreted by the Board in its sole discretion, shall govern, unless explicitly








 
provided to the contrary in this Restricted Stock Unit Grant Agreement. All capitalized terms used herein shall have the meaning given to such terms in the Plan. 

5. Vesting Dates. The number of Restricted Stock Units that shall be vested and no longer forfeitable at any time (the date all such
conditions have been satisfied with respect to some or all of the Restricted Stock Units, the “Vesting Date” with respect to such Restricted Stock Units) with respect to each of the Time-Based Restricted Stock Units and the
Performance-Based Restricted Stock units is set forth below, subject to satisfaction of the additional conditions to settlement set forth in Section 6.1 for the Time-Based Restricted Stock Units. 

5.1 Time-Based Restricted Stock Units. Time-Based Restricted Stock Units will satisfy the time-based component of the
vesting requirements as follows (the “Time-Based Vesting Condition”): Ten percent (10%) of the Time-Based Restricted Stock Units shall be vested upon the Grant Date; ten percent (10%) of the Time-Based Restricted Stock
Units shall vest on January 1, 2013; ten percent (10%) of the Time-Based Restricted Stock Units shall vest on January 1, 2014; ten percent (10%) of the Time-Based Restricted Stock Units shall vest on June 1, 2014; ten
percent (10%) of the Time-Based Restricted Stock Units shall vest on January 1, 2015; ten percent (10%) of the Time-Based Restricted Stock Units shall vest on June 1, 2015; ten percent (10%) of the Time-Based Restricted
Stock Units shall vest on January 1, 2016; fifteen percent (15%) of the Time-Based Restricted Stock Units shall vest on June 1, 2016; and fifteen percent (15%) of the Time-Based Restricted Stock Units shall vest on
January 1, 2017; in each case provided that the Participant continues to be Employed by the Company or an Affiliate on such date. 
 5.2 Performance-Based Restricted Stock Units. 
 (a) Fifty percent
(50%) of the Performance-Based Restricted Stock Units shall vest upon the occurrence of a Liquidity Event in which Majority Stockholder achieves an Individual MoM and Cumulative MoM of at least 1.10, subject to the terms and conditions set
forth in Section 5.2(b) and 5.2(c) below (the “1.10 RSUs”) and fifty percent (50%) of the Performance-Based Restricted Stock Units shall vest upon the occurrence of a Liquidity Event in which Majority Stockholder achieves
an Individual MoM and a Cumulative MoM of at least 1.25, subject to the terms and conditions set forth in Section 5.2(b) and 5.2(c) below (the “1.25 RSUs”). 

(b) Upon the occurrence of a Liquidity Event, the Performance-Based Restricted Stock Units shall be eligible to vest as described in
this Section. 
 (i) For purposes of this Section 5.2(b), (A) the “Eligible Percentage”
shall equal a fraction (1) the numerator of which is the Initial Majority Stockholder Shares sold in such Liquidity Event and (2) the denominator of which is the number of Initial Majority Stockholder Shares; provided that to the
extent any such Liquidity Event does not result in the sale, transfer or other disposition of Initial Majority Stockholder Shares, such fraction shall be equitably adjusted by the Board as appropriate to reflect the conversion of equity value into
cash in connection with such cash dividend or other distribution; (B) the “1.10 RSU Prior Eligible Amount” shall equal the aggregate number of unvested 1.10 

  
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RSUs that would have vested in connection with any prior Liquidity Event had the Majority Stockholder achieved an Individual MoM and a Cumulative MoM of at least 1.10 in connection with such
Liquidity Event; and (C) the “1.25 RSU Prior Eligible Amount” shall equal the aggregate number of unvested 1.25 RSUs that would have vested in connection with any prior Liquidity Event had the Majority Stockholder achieved an
Individual MoM and a Cumulative MoM of at least 1.25 in connection with such Liquidity Event. 
 (ii) The number
of 1.10 RSUs that shall vest upon the occurrence of a Liquidity Event as a result of which the Majority Stockholder achieves both an Individual MoM and a Cumulative MoM of at least 1.10 shall be equal to the sum of (A) the Eligible Percentage
of 1.10 RSUs and (B) the 1.10 RSU Prior Eligible Amount, provided that the Participant continues to be Employed by the Company or an Affiliate at such time. 

(iii) The number of 1.25 RSUs that shall vest upon the occurrence of a Liquidity Event as a result of which the Majority
Stockholder achieves both an Individual MoM and a Cumulative MoM of at least 1.25 shall be equal to the sum of (A) the Eligible Percentage of 1.25 RSUs and (B) the 1.25 RSU Prior Eligible Amount, provided that the Participant continues to
be Employed by the Company or an Affiliate at such time. 
 (iv) In addition and separate from the vesting
provisions of (b)(ii) and (b)(iii) of this Section, upon the Majority Stockholder’s receipt of cash proceeds equal to 1.10 times the aggregate purchase price paid by the Majority Stockholders for the Initial Majority Stockholder Shares any
unvested 1.10 RSUs shall immediately vest and upon the Majority Stockholder’s receipt of cash proceeds equal to 1.25 times the aggregate purchase price paid by the Majority Stockholders for the Initial Majority Stockholder Shares any unvested
1.25 RSUs shall immediately vest, in each case provided that the Participant continues to be Employed by the Company or an Affiliate at such time. 
 (v) For purposes of clarification, in no circumstance will a Participant vest in more than one hundred percent (100%) of the Performance-Based Restricted Stock Units originally granted. 

(c) Following the fifth (5th) anniversary of the Grant Date, if an Initial Public Offering of the Company has occurred, Performance-Based
Restricted Stock Units that have not previously vested pursuant to Section 5(b) shall vest in the following amounts: 
 (i) Any unvested 1.10 RSUs shall vest if the stock price of the Company as reported on the principal securities exchange on which shares of Common Stock are then listed achieves and maintains for thirty
(30) consecutive calendar days a level which would result in the Majority Stockholder’s Total Interest divided by the aggregate purchase price paid by the Majority Stockholder for the Initial Majority Stockholder Shares equaling 1.10 or
above. 

  
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 (ii) Any unvested 1.25 RSUs shall vest if the stock price of the Company as
reported on the principal securities exchange on which shares of Common Stock are then listed achieves and maintains for thirty (30) consecutive calendar days a level which would result in the Majority Stockholder’s Total Interest divided
by the aggregate purchase price paid by the Majority Stockholder for the Initial Majority Stockholder Shares equaling 1.25 or above. 
 5.3 Accelerated Vesting on a Qualifying Termination. 
 (a) In the
event that the Participant experiences a Qualifying Termination, the Time-Based Restricted Stock Units shall satisfy the Time-Based Vesting Condition as of the date of the Qualifying Termination. 

(b) In the event the Company terminates the Participant’s Employment other than for Cause, death, or Disability or the Participant
terminates Employment for Good Reason, prior to January 1, 2015, (i) any unvested Time-Based Restricted Stock Units then held by the Participant that would have vested under Section 5.1 of this Agreement had Participant remained
Employed through on January 1, 2015 shall satisfy the Time-Based Vesting Condition as of the date of termination of the Participant’s termination of Employment and (ii) the remaining unvested Restricted Stock Units shall expire on the
date the Participant’s Employment is terminated pursuant to Section 9 hereof. 
 (c) Notwithstanding anything in the
Plan to the contrary, for purposes of Section 5.3(b) and Section 7.4(b) of this Agreement, “Good Reason” shall be defined as in the Amended and Restated Employment Agreement, by and between Biomet, Inc. and the
Participant, dated as of January 14, 2013; provided that any termination of employment by the Participant prior to January 1, 2014 may not be treated as a termination for Good Reason under clause (iv) of the definition thereof.

 6. Settlement. 
 6.1 Settlement Date: Time-Based Restricted Stock Units. Time-Based Restricted Stock Units that have satisfied the Time-Based Vesting Condition set forth in Section 5.1 above (including
pursuant to Section 5.3(b) of this Agreement) shall fully vest upon satisfaction of an additional settlement vesting condition set forth herein (the “Additional Settlement Condition”) and be settled on (A) the earlier of
either (i) a Change of Control that constitutes a “change in the ownership or effective control of the corporation” or in the ownership of a substantial portion of the assets of the corporation” within the meaning of
Section 409A of the Code, (ii) an Initial Public Offering that occurs on or before the sixth (6th) anniversary of the Grant Date, or (iii) the termination of the Participant’s Employment by reason of death or Disability or (B) a Qualifying Termination of Participant (the
“Time-Based Settlement Date”). As soon as reasonably practicable following the Time-Based Settlement Date and in no event later than March 15 of the calendar year following the year in which the Time-Based Settlement Date
occurs, the Company shall transfer to the Participant or Permitted Transferee, in full and complete satisfaction of all of the obligations of the Company and the rights of the Participant or Permitted Transferee in respect of such Time-Based
Restricted Stock Units, a number of shares of Common Stock, registered in the Participant’s or Permitted 

  
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Transferee’s name, equal to the number of such Time-Based Restricted Stock Units that are settled on and as of the Time-Based Settlement Date. Notwithstanding anything to the contrary in the
Plan or this Agreement, with respect to an Initial Public Offering in (A)(ii) of this Section 6.1, if Company’s Biomet 3i dental business (“3i”) separates from Biomet, Inc. in a tax-free spin-off (the
“Spin”), any Restricted Stock Units that become restricted stock units of 3i shall settle on an Initial Public Offering of 3i and Restricted Stock Units that remain Restricted Stock Units of the Company shall settle on an Initial
Public Offering of the Company or Biomet Inc. For the avoidance of doubt, upon termination of employment for any reason, the Participant shall not forfeit those Time-Based Restricted Stock Units that have satisfied the Time-Based Vesting Condition
at the time of such termination, and such Time-Based Restricted Stock Units shall be settled by delivery of shares of Common Stock as soon as reasonably practicable following the Time-Based Settlement Date (and in no event later than March 15
of the calendar year following the year in which the Time-Based Settlement Date occurs). 
 6.2 Settlement Date:
Performance-Based Restricted Stock Units. Performance-Based Restricted Stock Units that vest upon achievement of the applicable targets as set forth in Section 5 of this Agreement shall be settled as soon as reasonably practicable
following the applicable Vesting Date, and in no event later than March 15 of the calendar year following the year in which the Vesting Date occurs (the “Performance-Based Settlement Date”). Upon settlement, the Company shall
transfer to the Participant or Permitted Transferee, in full and complete satisfaction of all of the obligations of the Company and the rights of the Participant or Permitted Transferee in respect of such Performance-Based Restricted Stock Units, a
number of shares of Common Stock, registered in the Participant’s or Permitted Transferee’s name, equal to the number of such Performance-Based Restricted Stock Units that are settled on and as of the Performance-Based Settlement Date.

 6.3 Conditions to Settlement. On or before the transfer of any shares of Common Stock in settlement of vested
Restricted Stock Units and as a condition to the Participant’s or Permitted Transferee’s right to receive any shares of Common Stock, the Participant or Permitted Transferee shall be required to enter into (or shall have previously entered
into) the Management Stockholders’ Agreement with respect to the shares of Common Stock to be transferred upon such settlement, provided that the Management Stockholders’ Agreement is in effect at such time. The shares of Common Stock so
transferred shall be deemed to be “Rollover Shares” for purposes of Section 3(b) of the Management Stockholders’ Agreement. In the event that the Participant or Permitted Transferee does not so enter into the Management
Stockholders’ Agreement, if in effect at such time, the Participant or Permitted Transferee shall forfeit all vested Restricted Stock Units and the vested Restricted Stock Units shall be cancelled without any consideration therefor. 

6.4 Condition to Settlement; Satisfaction of Withholding Taxes. 

(a) In General. Whenever shares of Common Stock are to be issued to the Participant or Permitted Transferee in settlement of
vested Restricted Stock Units, the Participant or Permitted Transferee shall remit to the Company an amount in cash, by wire transfer of immediately available funds or certified check, sufficient to satisfy any applicable U.S. federal, state and
local and non-U.S. tax withholding requirements. 

  
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 (b) Alternative Methods to Satisfy Withholding Taxes. The Participant or Permitted
Transferee may pay up to the minimum statutory tax withholding amount due in respect of any settlement of vested Restricted Stock Units by instructing the Company to withhold shares of Common Stock that would otherwise be issued to the Participant
or Permitted Transferee in connection with such settlement of vested Restricted Stock Units. 
 (c) Notwithstanding the
foregoing, the aggregate amount of such cash or the Fair Market Value of any shares of Common Stock withheld, in either case, as of the date of settlement of the Restricted Stock Units, must be equal to the full minimum statutory tax withholding
amount payable by the Participant or Permitted Transferee in connection with such settlement. No tax amount in excess of the minimum amount required to be withheld under the applicable statutory tax provisions then in effect may be satisfied by the
Participant or Permitted Transferee by having shares of Common Stock withheld. Any shares of Common Stock withheld to satisfy the Participant’s or Permitted Transferee’s minimum statutory tax withholding obligations will be valued at the
Fair Market Value of such shares of Common Stock on the Settlement Date. 
 7. Management Dividend Awards. The amount of cash
payable with respect to each Vested Restricted Stock Unit shall be determined as set forth below. 
 7.1 Vesting of
Management Dividend Awards. On each of the Grant Date and the twelve (12), twenty-four (24), thirty (30), thirty-six (36), forty-two (42), forty-eight (48), fifty-four (54) and sixty (60) month anniversaries of the Grant Date, the
number of Management Dividend Awards which equals the number of Time-Based Restricted Stock Units which satisfy or have satisfied the Time-Based Vesting Condition on such date shall also immediately vest. 

7.2 Amount of Management Dividend Award. The amount of cash payable with respect to each vested Management Dividend Award
shall be determined on each annual anniversary of the Grant Date until the earlier of (i) an Initial Public Offering and (ii) the fifth anniversary of the Grant Date (each such anniversary, a “Management Dividend Award Payment
Date”). On (a) the Management Dividend Award Payment Date occurring on the first anniversary of the Grant Date, the amount of cash payable with respect to each vested Management Dividend Award shall be $0.75, and (b) any
Management Dividend Award Payment Date occurring thereafter, the amount of cash payable with respect to each vested Management Dividend Award shall be $0.50, in each case subject to applicable tax withholdings (each, a “Management Dividend
Payment Amount”). 
 7.3 Payment of Management Dividend Payment Amounts. Each Management Dividend Payment
Amount shall be paid as soon as practicable following the applicable Management Dividend Award Payment Date, and in no event more than two and a half months following the end of the year in which the Management Dividend Award Payment Date occurs.

 7.4 Forfeiture and Termination of Management Dividend Awards. 

(a) Subject to Section 7.4(b) below, in the event that the Participant’s Employment is terminated for any reason, each
Management Dividend Award held by such 

  
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Participant shall be forfeited immediately without the payment of any additional consideration to the Participant and no further rights of the Participant in respect thereof, subject to the
Company’s obligation to pay any Management Dividend Payment Amount that accrued in respect of such Management Dividend Award prior to the forfeiture date for any termination other than a termination of Employment by the Company for Cause. In
addition, upon the earlier to occur of (a) settlement or other expiration or termination of the corresponding vested Restricted Stock Unit and (b) the day after the fifth anniversary of the Grant Date, the related Management Dividend Award
will automatically terminate without the payment of any additional consideration to the Participant and no further rights of the Participant in respect thereof, subject to the Company’s obligation to pay any Management Dividend Payment Amount
that accrued in respect of such Management Dividend Award prior to the termination date so long as the Participant remains Employed through the applicable payment date or his or her Employment is terminated other than by the Company for Cause.

 (b) Upon the occurrence of the Participant’s Eligible Termination (as defined below) prior to the Management Dividend
Award Payment Date in the year of termination, the Participant will be entitled to receive a Management Dividend Payment Amount (paid at the same time Management Dividend Award Payments are made to other employees for such year) with respect to a
number of Management Dividend Awards equal to the number of Time-Based Restricted Stock Units vested and outstanding as of the Participant’s termination date, regardless of whether the Participant was Employed on the Management Dividend Award
vesting date(s) or on the Management Dividend Award Payment Date for such year. The Participant shall have no entitlement to any Management Dividend Award Payment Amount paid in respect of any year subsequent to the year in which Participant’s
Employment terminates. An “Eligible Termination” shall mean (a) for periods prior to January 1, 2015, the Participant’s Employment is terminated by the Company other than for Cause, death or Disability or by him for
Good Reason, and (b) for periods on or after January 1, 2015 and prior to July 31, 2017, the Participant’s Employment is terminated by the Company other than for Cause, death or Disability or by the Participant for any reason.

 8. Adjustment. 
 8.1 Adjustments in connection with Spin. Notwithstanding anything to the contrary set forth in the Plan or this Agreement, in the event that the Spin occurs prior to December 31, 2013
the Board shall make such adjustments as it in good faith considers appropriate to effectuate the Company’s business purposes in causing the Spin to occur and that are equitable to Participants, including without limitation adjustment to the
number, type or issuer of shares of stock subject to some or all of the Restricted Stock Units outstanding on the date the Spin occurs; substitution of cash or other property for the Common Stock subject to such Restricted Stock Units; or change in
any performance-based vesting or other conditions applicable to such Restricted Stock Units. For the avoidance of doubt, in making any such adjustments the Board need not adjust Restricted Stock Units held by different Participants nor Restricted
Stock Units held by a single Participant in a uniform manner. 
 8.2 Other Adjustments. Except as provided in
Section 8.1, the Restricted Stock Units shall be subject to adjustment as set forth in Section 4.7 of the Plan, provided that (i) adjustments set forth in Section 4.7(a) of the Plan shall be mandatory, and (ii) the
adjustment to 

  
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be made in connection with a cash dividend or distribution shall be made in the same manner as the adjustment made to all or substantially all Restricted Stock Units granted under the Plan to
employees on substantially the same terms and conditions as apply to the Restricted Stock Units granted to Participant pursuant to this Agreement. 
 9. Expiration Date. Unless otherwise determined by the Board, each Time-Based Restricted Stock Unit that has not yet satisfied the Time-Based Vesting Condition and each Performance-Based
Restricted Stock Unit that has not yet become vested on the earlier of (i) the date the Participant’s Employment is terminated for any reason (after giving effect to any acceleration pursuant to Section 5.3 hereof) or (ii) the
date on which all of the Initial Majority Stockholder Shares have been sold by the Majority Stockholders, shall expire on such date. Each Management Dividend Award shall automatically expire in accordance with the terms of Section 7.4.

 10. Registration. The Company shall be under no obligation to effect the registration pursuant to the Securities Act of any
shares of Common Stock to be issued pursuant to the Plan or to effect similar compliance under any state laws. Notwithstanding anything in this Agreement or the Plan to the contrary, the Company shall not be obligated to cause to be issued or
deliver any shares of Common Stock pursuant to this Plan unless and until the Company is advised by its counsel that the issuance and delivery of such shares of Common Stock is in compliance with all applicable laws, regulations of governmental
authority and the requirements of any securities exchange on which such shares of Common Stock are traded. The Company may require, as a condition to the issuance or delivery of any shares of Common Stock pursuant to the terms of this Agreement or
the Plan, that the Participant make such covenants, agreements and representations as the Company deems necessary or advisable. 
 11.
Delays or Omissions. No delay or omission to exercise any right, power or remedy accruing to any party hereto upon any breach or default of any party under this Restricted Stock Unit Grant Agreement, shall impair any such right, power or
remedy of such party nor shall it be construed to be a waiver of any such breach or default, or an acquiescence therein, or in any similar breach or default thereafter occurring, nor shall any waiver of any single breach or default be deemed a
waiver of any other breach or default theretofore or thereafter occurring. Any waiver, permit, consent or approval of any kind or character on the part of any party of any breach or default under this Restricted Stock Unit Grant Agreement, or any
waiver on the part of any party or any provisions or conditions of this Restricted Stock Unit Grant Agreement, shall be in writing and shall be effective only to the extent specifically set forth in such writing. 

12. Non-Transferability of Restricted Stock Units. The Participant or Permitted Transferee may not Transfer the any Restricted Stock Unit
granted pursuant to this Agreement except as expressly provided in Section 4.4 of the Plan. 
 13. Taxes. The Participant or
Permitted Transferee shall be responsible for any and all taxes incurred by him under or in connection with this Agreement. 

  
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 14. Representations. 
 14.1 Participant Representations. The Participant hereby represents and warrants to the Company that: (a) the shares of Common Stock are being acquired for his own account, for
investment purposes only and not with a view to or in connection with any distribution, reoffer, resale, public offering or other disposition thereof not in compliance with the Securities Act and the rules and regulations thereunder and any
applicable United States federal or state securities laws or regulations; (b) the Participant is an “accredited investor” as defined in Rule 501(a) under the Securities Act; provided, that the Company may, in its discretion and
subject to compliance with all applicable securities laws, waive the foregoing representation with respect to a limited number of Participants; (c) the Participant, alone or together with his representatives, possesses such expertise,
knowledge, and sophistication in financial and business matters generally, and in the type of transactions in which the Company proposes to engage in particular; (d) the Participant has had access to all of the information with respect to his
shares of Common Stock that he or it, as the case may be, deems necessary to make a complete evaluation thereof and has had the opportunity to question the Company concerning such Shares of Common Stock; (e) the Participant’s decision to
acquire his Shares of Common Stock for investment has been based solely upon the evaluation made by the Participant; (f) the Participant has duly executed and delivered this Agreement; and (g) the Participant’s authorization,
execution, delivery, and performance of this Agreement do not conflict with any other agreement or arrangement to which the Participant is a party or by which it is bound. 
 14.2 Truth of Representations and Warranties. The Participant represents and warrants that all of his representations set forth in Section 14.1 of this Agreement are true and correct as
of the date hereof. 
 15. Integration. This Agreement and the other documents referred to herein or delivered pursuant hereto
which form a part hereof contain the entire understanding of the parties with respect to its subject matter and shall not be amended except by written amendment signed by all parties. There are no restrictions, agreements, promises, representations,
warranties, covenants or undertakings with respect to the subject matter hereof other than those expressly set forth in such documents. This Restricted Stock Unit Grant Agreement and the Plan supersede all prior agreements and understandings between
the parties with respect to the subject matter hereof. 
 16. Counterparts. This Restricted Stock Unit Grant Agreement may be
executed in two or more counterparts, each of which shall be deemed an original, but all of which shall constitute one and the same instrument. 

17. Governing Law. This Restricted Stock Unit Grant Agreement shall be governed by and construed and enforced in accordance with the laws
of the State of Delaware without regard to the provisions thereof governing conflict of laws. 
 18. Participant Acknowledgment.

 18.1 The Participant hereby acknowledges receipt of a copy of the Plan. The Participant hereby acknowledges that all
decisions, determinations and interpretations of the 

  
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Board in respect of the Plan, this Restricted Stock Unit Grant Agreement and the Restricted Stock Unit shall be final and conclusive. 

18.2 By signing below and accepting the Restricted Stock Unit Grant, the Participant hereby acknowledges and agrees that the Former Plan
has been terminated, that the Former Plan Restricted Stock Units have been cancelled in connection with such termination, the Participant has no further rights or entitlements pursuant to the Former Plan and the Former Plan Restricted Stock Units
and that the Board has made a grant of the Restricted Stock Units pursuant to this Agreement in full satisfaction of any rights under the Former Plan Restricted Stock Units. 
 [Remainder of page intentionally left blank.] 

  
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 IN WITNESS WHEREOF, the Company has caused this Restricted Stock Unit Grant Agreement to be
duly executed by its duly authorized officer and said Participant has signed this Restricted Stock Unit Grant Agreement on his own behalf, thereby representing that he has carefully read and understands this Restricted Stock Unit Grant Agreement and
the Plan as of the day and year first written above. 
  

									
	LVB Acquisition, Inc.	 		 	Participant
			
	 /s/ Bradley J. Tandy
	 		 	 /s/ Jeffrey R. Binder

	By:	 	Bradley J. Tandy	 		 	By:	 	Jeffrey R. Binder
	Title:	 	Senior Vice President,	 		 		 	
		 	General Counsel and Secretary	 		 	Date:	 	January 14, 2013


  
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