EX-4.2



 Exhibit 4.2 

AMENDED AND RESTATED 

WESTERN DIGITAL CORPORATION 

2005 EMPLOYEE STOCK PURCHASE PLAN 

The Western Digital Corporation 2005 Employee Stock Purchase Plan, as amended and restated from time to time (the “Plan”) shall be
established and operated in accordance with the following terms and provisions. 

1.         Definitions. 

As used in the Plan the following terms shall have the meanings set forth below: 

(a)        “Board” means the Board of Directors of the Company. 

(b)        “Code” means the Internal Revenue Code of 1986, as amended. 

(c)        “Committee” means the committee appointed by the Board to administer the Plan as
described in Section 4 below. 
 (d)        “Common Stock” means the common stock,
$0.01 par value, of the Company. 
 (e)        “Company” means Western Digital
Corporation, a Delaware corporation. 
 (f)        “Continuous Employment” means the
absence of any interruption or termination of service as an Employee with the Company and/or its Participating Subsidiaries. Continuous Employment shall not be considered interrupted in the case of a leave of absence agreed to in writing by the
Company, provided that such leave is for a period of not more than three months or reemployment upon the expiration of such leave is guaranteed by contract or statute. If a Participating Subsidiary ceases to be a Subsidiary, each person employed by
that Subsidiary will be deemed to have had a break in Continuous Employment for purposes of the Plan at the time the Participating Subsidiary ceased to be a Subsidiary, unless such person continues as an Employee in respect of another Company
entity. 
 (g)        “Eligible Compensation” means, with respect to each Participant for
each pay period, the full salary and wages paid to such Participant by the Company or a Participating Subsidiary, including commissions, bonuses (to the extent not excluded below), overtime pay and shift differentials. Except as otherwise determined
by the Committee, “Eligible Compensation” does not include 
 (i)        any amounts
contributed by the Company or a Participating Subsidiary to any pension plan or plan of deferred compensation, 

(ii)       any automobile or relocation allowances (or reimbursement for any such expenses), 

  
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 (iii)      any amounts paid that are non-regularly scheduled items
of compensation (for example, starting bonus, finder’s fee, or other special bonuses), 
 (iv)      any
amounts realized under or with respect to any qualified or non-qualified stock options or any other equity-based awards, or 

(v)       any amounts paid by the Company or a Participating Subsidiary for other fringe benefits, such as
health and welfare, hospitalization and group life insurance benefits, or perquisites, or paid in lieu of such benefits, such as cash-out of credits generated under a plan qualified under Code Section 125. 

(h)        “Eligible Employee” means an Employee who is 

(i)        customarily employed for at least twenty (20) hours per week and more than five
months in a calendar year, and 
 (ii)       eligible to participate in the Plan as described in
Section 5 below. 
 If any person is (a) an Employee due to any classification or reclassification of the person as an employee or
common-law employee of the Company or one of its Participating Subsidiaries by reason of action taken by any tax or other governmental authority, or (b) an Employee who has a written employment agreement providing that the Employee shall not
participate in the Plan until at least two (2) years of Continuous Employment, then such Employee must be employed for at least two (2) years by the Company or one of its Participating Subsidiaries as well as meet the criteria set forth
above in subsections (i) and (ii) in order to be an Eligible Employee. “Eligible Employee” shall not include an Employee who is a citizen or resident of a foreign jurisdiction to whom the grant of an option under the Plan would
be prohibited under the laws of such foreign jurisdiction, or compliance with the laws of such foreign jurisdiction would cause the Plan to violate the requirements of Section 423 of the Code. Any exclusions under this Section 1(h) shall
be applied in an identical manner to all Employees who are granted options under the Plan, to the extent required pursuant to Treasury Regulation Section 1.423-2(e). 

(i)        “Employee” means each person currently employed by the Company or one of its
Participating Subsidiaries. It shall not include any person who is recorded on the books and records of the Company or one of its Participating Subsidiaries as an independent contractor or consultant or a worker provided by a temporary staffing
agency. 
 (j)        “Enrollment Date” means the first day of each Offering Period. 

(k)       “Exercise Date” means one or more dates during an Offering Period, as established by
the Committee in accordance with Section 6 hereof, on which options to purchase Common Stock granted under the Plan shall be exercised as provided in Section 11 hereof. 

(l)        “Exercise Period” means one or more periods during an Offering Period, the
duration of which shall be established by the Committee in accordance with Section 6 hereof, during which payroll deductions are accumulated for purposes of purchasing Common Stock under the Plan on each Exercise Date. 

  
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 (m)      “Exercise Price” means the price per share of
shares offered in a given Offering Period determined as provided in Section 10 below. 

(n)       “Fair Market Value” means, with respect to a share of Common Stock as of any Enrollment
Date or Exercise Date (or New Exercise Date, as the case may be), the closing price (in regular trading) of such Common Stock on the NASDAQ Stock Market (or, if the Common Stock is not then traded on the NASDAQ Stock Market, on the principal
national securities exchange on which the Common Stock is then listed or admitted to trade (the “Exchange”)). In the event that such a closing price is not available for an Enrollment Date or an Exercise Date, or New Exercise Date, the
Fair Market Value of a share of Common Stock on such date shall be the closing price (in regular trading) of a share of the Common Stock on the Exchange on the last business day prior to such date or such other amount as may be determined by the
Committee by any fair and reasonable means. 
 (o)       “New Exercise Date” means the new
exercise date set by the Board in the case of a sale of all or substantially all of the assets of the Company, or the merger of the Company with or into another corporation or other entity in certain circumstances as described in Section 15(b).

 (p)       “Offering Period” means a period of time with respect to which options are granted
under the Plan, the time and duration of which shall be established by the Committee in accordance with Section 6. 

(q)       “Parent” means any corporation, domestic or foreign, which owns, directly or
indirectly, not less than 50% of the total combined voting power of all classes of stock or other equity interests of the Company and that otherwise qualifies as a “parent corporation” within the meaning of Section 424(e) of the Code
or any successor thereto. 
 (r)        “Participant” means an Eligible Employee who has
elected to participate in the Plan by filing an enrollment agreement with the Company as provided in Section 7 below. 

(s)        “Participating Subsidiary” means any Subsidiary other than a Subsidiary excluded
from participation in the Plan by the Committee, in its sole discretion. 

(t)        “Plan” means this Western Digital Corporation 2005 Employee Stock Purchase Plan.

 (u)       “Subsidiary” means any corporation, domestic or foreign, of which the Company
owns, directly or indirectly, not less than 50% of the total combined voting power of all classes of stock or other equity interests and that otherwise qualifies as a “subsidiary corporation” within the meaning of Section 424(f) of
the Code or any successor thereto. 
 2.         Purpose of the Plan. 

The purpose of the Plan is to provide an incentive for present and future Employees of the Company and its Participating Subsidiaries to
acquire a proprietary interest (or increase an existing proprietary interest) in the Company through the purchase of Common Stock. It is the intention of the Company that the Plan qualify as an “employee stock purchase plan” under
Section 423 of the Code. Accordingly, the provisions of the Plan shall be administered, interpreted and construed in a manner consistent with the requirements of that section of the Code. 

  
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 3.         Shares Reserved for the Plan. 

(a)       There shall be reserved for issuance and purchase by Participants under the Plan an aggregate of
27,000,000 shares of Common Stock, subject to adjustment as provided in Section 15 below. Shares of Common Stock subject to the Plan may be newly issued shares or shares reacquired in private transactions or open market purchases. If and to the
extent that any right to purchase reserved shares shall not be exercised by any Participant for any reason or if such right to purchase shall terminate as provided herein, shares that have not been so purchased hereunder shall again become available
for the purposes of the Plan unless the Plan shall have been terminated, but all shares sold under the Plan, regardless of source, shall be counted against the limitation set forth above. 

(b)       From time to time and without shareholder approval, the Committee may fix a maximum limit on the
number of shares that may be acquired by any individual during an Exercise Period under the Plan, which limit shall be effective no earlier than the first Offering Period that commences after the determination of such limit by the Committee;
provided, however, that any adjustment to such limit pursuant to Section 15 shall apply to any Exercise Period in progress at the time such adjustment is made. 

4.         Administration of the Plan. 

(a)       The Plan shall be administered by a Committee appointed by, and which shall serve at the pleasure
of, the Board. The Committee shall consist of two or more directors, each of whom is a “Non-Employee Director” within the meaning of Rule 16b-3 promulgated under the Securities Exchange Act of 1934, as amended, as such rule may be amended
from time to time. The Committee shall have authority to interpret the Plan, to prescribe, amend and rescind rules and regulations relating to the Plan, and to make all other determinations necessary or advisable for the administration of the Plan,
all of which actions and determinations shall be final, conclusive and binding on all persons. 

(b)       The Committee may request advice or assistance or employ such other persons as it in its absolute
discretion deems necessary or appropriate for the proper administration of the Plan, including, but not limited to employing a brokerage firm, bank or other financial institution to assist in the purchase of shares, delivery of reports or other
administrative aspects of the Plan. 
 (c)       Neither the Board nor any Committee, nor any member
thereof or person acting at the direction thereof, shall be liable for any act, omission, interpretation, construction or determination made in good faith in connection with the Plan, and all such persons shall be entitled to indemnification and
reimbursement by the Company in respect of any claim, loss, damage or expense (including, without limitation, attorneys’ fees) arising or resulting therefrom to the fullest extent permitted by law and/or under any directors and officers
liability insurance coverage that may be in effect from time to time. 

  
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 5.         Eligibility to Participate in the
Plan. 
 Subject to limitations imposed by Section 423(b) of the Code, any Eligible Employee who is employed by the Company or a
Participating Subsidiary on an Enrollment Date shall be eligible to participate in the Plan for the Offering Period beginning on that Enrollment Date. 

6.         Offering Periods. 

During the term of the Plan, the Company will grant options to purchase shares of Common Stock in each Offering Period to all Participants in
that Offering Period. The Committee shall determine from time to time, subject to the requirements of Section 423 of the Code, when Offering Periods will be offered during the term of the Plan and shall establish the Enrollment Date(s), the
number and duration of the Exercise Period(s), and the Exercise Date(s) for each such Offering Period, which determinations shall be effective no earlier than the first Offering Period that commences after they are made by the Committee and
provided, however, that no Offering Period may exceed twenty-four (24) months in duration. To the extent consistent with Section 423 of the Code, the Committee may provide for a new Offering Period to commence prior to the termination of
one or more preceding Offering Periods. 
 7.         Election to Participate in the
Plan. 
 (a)       Each Eligible Employee may elect to participate in an Offering Period by
completing an enrollment agreement on a form approved by and in a manner prescribed by the Committee (or its delegate) or, if the Committee does not require enrollment forms, by otherwise completing such enrollment procedures as the Committee may
prescribe. Such agreement must be filed with the Company or such other procedures must be completed, as applicable, prior to the applicable Enrollment Date, unless the Committee establishes an earlier deadline for filing the enrollment form for all
Eligible Employees with respect to a given Offering Period. An Eligible Employee may participate in an Offering Period only if, as of the Enrollment Date of such Offering Period, such Eligible Employee is not participating in any prior Offering
Period which is continuing at the time of such proposed enrollment. 
 (b)       Payroll deductions for a
Participant shall commence on the first payroll date on or following the Enrollment Date and shall end on the last payroll date in the Offering Period to which such authorization is applicable, unless sooner terminated by the Participant as provided
in Section 12. 
 (c)       Unless a Participant elects otherwise prior to the Enrollment Date of
the immediately succeeding Offering Period, an Eligible Employee who is participating in an Offering Period as of the last Exercise Date of such Offering Period (the “Prior Offering Period”) shall be deemed (i) to have elected to
participate in the immediately succeeding Offering Period and (ii) to have authorized the same payroll deduction for such immediately succeeding Offering Period as was in effect for such Participant immediately prior to the expiration or
termination of the Prior Offering Period. 

  
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 (d)       In its discretion, the Committee may determine (with
such determination to be effective no earlier than the first Offering Period that commences after such determination by the Committee) that the participation of all Participants on an Exercise Date in an Offering Period that includes more than one
Exercise Period shall terminate and such Participants shall be enrolled in a new Offering Period commencing immediately following such Exercise Date if, during such Offering Period, the Fair Market Value determined as of such Exercise Date within
such Offering Period is lower than the Fair Market Value determined as of the Enrollment Date of such Offering Period. In such event, each of such Participants shall be deemed for purposes of this Plan (i) to have elected to participate in such
new Offering Period, and (ii) to have authorized the same payroll deduction for such new Offering Period as was in effect for such Participant immediately prior to the termination of the prior Offering Period. 

8.         Payroll Deductions. 

(a)       All Participant contributions to the Plan shall be made only by payroll deductions. At the time a
Participant files the enrollment agreement with respect to an Offering Period, the Participant shall authorize payroll deductions to be made on each payroll date during the Offering Period in an amount up to 10% (or such other limit as the Committee
may establish prior to the start of the applicable Offering Period) of the Eligible Compensation which the Participant receives on each payroll date during such Offering Period. The Committee also may prescribe other limits, rules or procedures for
payroll deductions. Unless otherwise provided by the Committee, the amount of such payroll deductions shall be a whole percentage (i.e., 1%, 2%, 3%, etc.) of the Participant’s Eligible Compensation. 

(b)       All payroll deductions made for a Participant shall be deposited in the Company’s general
corporate account and shall be credited to the Participant’s account under the Plan. No interest shall accrue or be credited with respect to the payroll deductions of a Participant under the Plan. A Participant may not make any additional
payments into such account. All payroll deductions received or held by the Company under the Plan may be used by the Company for any corporate purpose, and the Company shall not be obligated to segregate such payroll deductions. 

(c)       A Participant may discontinue participation in the Plan as provided in Section 12. Unless
otherwise provided by the Committee in advance of an Offering Period, a Participant may at any time during the Offering Period (but no more than four times in any calendar year) reduce or increase (subject to the limitations of Section 8(a)
above) the rate of his or her payroll deductions by completing and filing with the Company a change notice in the form provided by the Company. Any such reduction in the rate of a Participant’s payroll deductions shall be effective as of the
pay period specified by the Participant in the Participant’s change notice, but in no event sooner than the first pay period ending more than fifteen (15) days after the Participant files the change notice with the Company. Any such
increase in the rate of a Participant’s payroll deductions shall be effective as of the first date of the next Exercise Period within such Offering Period (or, if such election is made in the final Exercise Period of such Offering Period, the
Enrollment Date of the next Offering Period). 

  
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 9.         Grant of Options. 

(a)       On the Enrollment Date of each Offering Period, subject to the limitations set forth in
Sections 3, 9(b) and 17 hereof, each Participant shall be granted an option to purchase on each Exercise Date during such Offering Period up to a number of shares of the Common Stock determined by dividing such Participant’s payroll
deductions accumulated during the Exercise Period ending on such Exercise Date by the Exercise Price for such Exercise Period (determined as provided in Section 10 below), provided that the number of shares subject to the option shall not
exceed five (5) times the number of shares determined by dividing (i) $40,000 by (ii) the Fair Market Value of a share of the Common Stock on the Enrollment Date multiplied by the percentage (not less than 85%) used to calculate the
Exercise Price for that Offering Period. 
 (b)       Notwithstanding any provision of the Plan to the
contrary, no Participant shall be granted an option under the Plan (i) if, immediately after the grant, such Participant (or any other person whose stock would be attributed to such Participant pursuant to Section 424(d) of the Code) would
own stock and/or hold outstanding options to purchase stock possessing 5% or more of the total combined voting power or value of all classes of stock of the Company or of any Parent or any Subsidiary of the Company, or (ii) which permits such
Participant’s rights to purchase stock under all employee stock purchase plans of the Company, its Subsidiaries and any Parent to accrue at a rate which exceeds $25,000 of fair market value of such stock (determined at the time such option is
granted, before giving effect to any discounted purchase price under any such plan) for each calendar year in which such option is outstanding at any time. For purposes of the foregoing clause (ii), a right to purchase stock accrues when it first
becomes exercisable during the calendar year. 
 10.       Exercise Price. 

The Committee shall establish from time to time the method for determining the Exercise Price for each Offering Period under the Plan in
accordance with this Section 10, which determination shall be effective no earlier than the first Offering Period that commences after such determination is made by the Committee. In making its determination, the Committee may provide that the
Exercise Price for an Offering Period shall be determined by applying a discount amount (not to exceed 15%) to either (1) the Fair Market Value of a share of Common Stock on the Enrollment Date of such Offering Period, or (2) the Fair
Market Value of a share of Common Stock on the applicable Exercise Date, or (3) the lesser of the Fair Market Value of a share on the Enrollment Date of such Offering Period or the Fair Market Value of a share on the applicable Exercise
Date. Notwithstanding anything to the contrary in the preceding provisions of this Section 10, in no event shall the Exercise Price per share be less than the par value of a share of Common Stock. 

11.       Exercise of Options. 

Unless a Participant withdraws from the Plan as provided in Section 12, the Participant’s option for the purchase of shares will be
exercised automatically on each Exercise Date of the Offering Period, and the maximum number of full shares subject to option will be purchased for the Participant at the applicable Exercise Price with the accumulated payroll deductions in the
Participant’s account. Any amount remaining in the Participant’s account after an Exercise Date that is not sufficient to purchase a whole share shall be held in the account until the next Exercise Date. In the event that an Exercise
Period has been over-subscribed or that any other applicable Plan limit has been exceeded by a Participant in an Exercise Period, any amount remaining in such Participant’s account shall be refunded to the Participant as soon as
administratively practicable after the end of the Exercise Period. 

  
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 12.       Withdrawal; Termination of Employment. 

(a)       A Participant may withdraw all but not less than all of the payroll deductions credited to the
Participant’s account under the Plan at any time by giving written notice to the Company. All of the Participant’s payroll deductions credited to the Participant’s account will be paid to him or her promptly after receipt of the
Participant’s notice of withdrawal, the Participant’s participation in the Plan will be automatically terminated, and no further payroll deductions for the purchase of shares will be made. Payroll deductions will not resume on behalf of a
Participant who has withdrawn from the Plan unless written notice is delivered to the Company within the open enrollment period preceding the commencement of an Exercise Period directing the Company to resume payroll deductions. 

(b)       Upon termination of the Participant’s Continuous Employment during an Exercise Period for
any reason, including retirement or death, the payroll deductions credited to the Participant’s account for that Exercise Period will be returned to the Participant or, in the case of death, to the Participant’s estate, and the
Participant’s options to purchase shares under the Plan will be automatically terminated as of the date of such termination of Continuous Employment. 

(c)       In the event a Participant fails to maintain Continuous Employment for at least twenty
(20) hours per week during an Offering Period, the Participant will be deemed to have elected to withdraw from the Plan, the payroll deductions credited to the Participant’s account will be returned to the Participant, and the
Participant’s options to purchase shares under the Plan will be terminated. 
 (d)       A
Participant’s withdrawal from an Offering Period will not have any effect upon the Participant’s eligibility to participate in a succeeding Offering Period or in any similar plan which may hereafter be adopted by the Company. 

13.       Transferability. 

Neither payroll deductions credited to a Participant’s account nor options to purchase Common Stock granted under the Plan may be
transferred, assigned, pledged or otherwise disposed of by a Participant other than by will or the laws of descent and distribution. Options granted under the Plan are exercisable during a Participant’s lifetime only by the Participant. 

14.       Reports. 

Individual accounts will be maintained for each Participant in the Plan. Statements of account will be given to Participants promptly
following each Exercise Date, which statements will set forth the amounts of payroll deductions, the per share purchase price, the number of shares purchased and the remaining cash balance, if any. 

  
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 15.       Adjustments Upon Changes in Capitalization.

 (a)       If the outstanding shares of Common Stock are increased or decreased, or are changed into or
are exchanged for a different number or kind of shares, as a result of one or more reorganizations, restructurings, recapitalizations, reclassifications, stock splits, reverse stock splits, stock dividends or any similar unusual or extraordinary
corporate transaction, appropriate adjustment shall be made in the number and/or kind of shares, and the Exercise Price thereof, which may be issued in the aggregate and to any Participant upon exercise of options granted under the Plan. 

(b)       In the event of the proposed dissolution or liquidation of the Company, each Offering Period then
in progress will terminate immediately prior to the consummation of such proposed action, unless otherwise provided by the Committee. In the event of a proposed sale of all or substantially all of the assets of the Company, or the merger of the
Company with or into another corporation or entity, or any other corporate transaction that the Company does not survive (or does not survive as a publicly-traded company in respect of its Common Stock), then, unless the Committee provides that each
option under the Plan shall be assumed or an equivalent option shall be substituted by such successor corporation or entity or a parent or subsidiary of such successor corporation or entity, each Exercise Period then in progress shall be shortened
and a new Exercise Date shall be set by the Committee to occur upon or immediately prior to such transaction or event (the “New Exercise Date”), as of which date the Plan and any Exercise Period and related Offering Period then in
progress will terminate. The New Exercise Date shall be on or before the date of consummation of the transaction and the Committee shall notify each participant in writing, at least ten (10) days prior to the New Exercise Date, that the
Exercise Date for his or her option has been changed to the New Exercise Date and that his or her option will be exercised automatically on the New Exercise Date, unless prior to such date he or she has withdrawn from the Offering Period as provided
in Section 12. The Exercise Price on the New Exercise Date shall be determined as provided in Section 10 hereof, and for purposes of determining such Exercise Price, the New Exercise Date shall be treated as the “Exercise Date.”

 (c)       In all cases, the Committee shall have full discretion to exercise any of the powers and
authority provided under this Section 15, and the Committee’s actions hereunder shall be final and binding on all Participants. No fractional shares of stock shall be issued under the Plan pursuant to any adjustment authorized under the
provisions of this Section 15. 
 16.       Amendment of the Plan. 

The Board may at any time, or from time to time, amend or suspend the Plan, in whole or in part and without notice. Shareholder approval for
any amendment shall not be required, except to the extent required by law or applicable stock exchange rules, or required under Section 423 of the Code in order to preserve the intended tax consequences of the Plan No options may be granted
during any suspension of the Plan or after a termination of the Plan pursuant to Section 17(b) below, but the Committee will retain jurisdiction as to options then outstanding in accordance with the terms of the Plan. No amendment, suspension
or termination pursuant to this Section 16 or Section 17 shall, without written consent of the Participant, affect in any manner materially adverse to the Participant any right or benefits of such Participant or obligations of the Company
under any option granted under the Plan prior to the effective date of such change; provided that the Board may amend, suspend or terminate the Plan as to any outstanding options granted under the Plan for an Offering Period, effective as of any
Exercise Date within that Offering Period, without the consent of the Participants to whom such options were granted. In no event shall changes contemplated by Section 7(d) or Section 15 be deemed to constitute changes or amendments
requiring Participant consent. 

  
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 17.       Termination of the Plan. 

The Plan and all rights of Employees hereunder shall terminate: 

(a)       on the Exercise Date that Participants would become entitled to purchase a number of shares
greater than the number of reserved shares remaining available for purchase under the Plan if the final sentence in this Section 17 were not applied; or 

(b)       at any time, at the discretion of the Board. 

In the event that the Plan terminates under circumstances described in Section 17(a) above, reserved shares remaining as of the
termination date shall be sold to Participants on a pro rata basis. 
 18.       Notices. 

All notices or other communications by a Participant to the Company under or in connection with the Plan shall be deemed to have been duly
given when received in the form specified by the Company at the location, or by the person, designated by the Company for the receipt thereof. 

19.       Conditions Upon Issuance of Shares. 

(a)       The Plan, the grant and exercise of options to purchase shares of Common Stock under the Plan,
and the Company’s obligation to sell and deliver shares upon the exercise of options to purchase shares shall be subject to all applicable federal, state and foreign laws, rules and regulations, and to such approvals by any regulatory or
governmental agency as may, in the opinion of counsel for the Company, be required. 
 (b)       The
Company may make such provisions as it deems appropriate for withholding by the Company pursuant to federal or state income tax laws of such amounts as the Company determines it is required to withhold in connection with the purchase or sale by a
Participant of any Common Stock acquired pursuant to the Plan. The Company may require a Participant to satisfy any relevant tax requirements before authorizing any issuance of Common Stock to such Participant. 

20.       Employees’ Rights. 

(a)       Nothing in the Plan (or in any other document related to the Plan) will confer upon any Eligible
Employee or Participant any right to continue in the employ or other service of the Company or any Subsidiary, constitute any contract or agreement of employment or other service or affect an employee’s status as an employee at will, nor shall
interfere in any way with the right of the Company or any Subsidiary to change such person’s compensation or other benefits or to terminate his or her employment or other service, with or without cause. Nothing contained in this
Section 20(a), however, is intended to adversely affect any express independent right of any such person under a separate employment or service contract. 

  
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 (b)       No Participant or other person will have any right,
title or interest in any fund or in any specific asset (including shares of Common Stock) of the Company or any Subsidiary by reason of any option hereunder. Neither the provisions of the Plan (or of any other document related to the Plan), nor the
creation or adoption of the Plan, nor any action taken pursuant to the provisions of the Plan will create, or be construed to create, a trust of any kind or a fiduciary relationship between the Company or any Subsidiary and any Participant or other
person. To the extent that a Participant or other person acquires a right to receive payment pursuant to the Plan, such right will be no greater than the right of any unsecured general creditor of the Company. 

(c)       A Participant will not be entitled to any privilege of stock ownership as to any shares of Common
Stock not actually delivered to and held of record by the Participant. No adjustment will be made for dividends or other rights as a shareholder for which a record date is prior to such date of delivery. 

21.       Miscellaneous. 

(a)       The Plan, the options granted hereunder and any other documents related to the Plan shall be
governed by, and construed in accordance with, the laws of the State of Delaware. 
 (b)       If any
provision of the Plan shall be held by a court of competent jurisdiction to be invalid and unenforceable, the remaining provisions of the Plan shall continue in effect. 

(c)       Captions and headings are given to the sections of the Plan solely as a convenience to facilitate
reference. Such captions and headings shall not be deemed in any way material or relevant to the construction of interpretation of the Plan or any provision hereof. 

(d)       The adoption of the Plan shall not affect any other Company or Subsidiary compensation or
incentive plans in effect. Nothing in the Plan will limit or be deemed to limit the authority of the Board or Committee (1) to establish any other forms of incentives or compensation for employees of the Company or any Subsidiary (with or
without reference to the Common Stock), or (2) to grant or assume options (outside the scope of and in addition to those contemplated by the Plan) in connection with any proper corporate purpose; to the extent consistent with any other plan or
authority. Benefits received by a Participant under an option granted pursuant to the Plan shall not be deemed a part of the Participant’s compensation for purposes of the determination of benefits under any other employee welfare or benefit
plans or arrangements, if any, provided by the Company or any Subsidiary, except where the Committee or the Board (or the Board of Directors of the Subsidiary that sponsors such plan or arrangement, as applicable) expressly otherwise provides or
authorizes in writing. 

  
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 (e)       The Committee may also adopt rules, procedures or
sub-plans applicable to particular Subsidiaries or locations, which sub-plans may be designed to be outside the scope of Section 423 of the Code and need not comply with the otherwise applicable provisions of the Plan. 

As amended August 6, 2012 and August 5, 2015. 

  
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