EX-10.3



 Exhibit 10.3 

DELPHI TECHNOLOGIES PLC 

LONG-TERM INCENTIVE PLAN 

NOTICE OF AWARD – TIME-BASED RSUS 

(2018 Annual Grant) 
 Subject to the terms
and conditions of (1) Delphi Technologies PLC Long-Term Incentive Plan (the “Plan”), (2) this Notice of Award - Time-Based RSUs (the “Award Notice”), (3) the
Time-Based RSU Award Agreement (the “Agreement”) and (4) the Confidentiality and Noninterference Agreement (the “CNA”), the Company has granted you (the “Participant”) an award of time-based
RSUs (“Time-Based RSUs”) as reflected below (the “Award”). Each Time-Based RSU represents the opportunity to receive one (1) Share upon satisfaction of the terms and conditions as set forth in this Award
Notice, the Agreement and the CNA, subject to the terms of the Plan. For the sake of clarity, the Award is conditioned upon (and will not become effective unless and until) the Participant’s execution and return of the CNA to your local HR
business partner. A CNA previously executed by the Participant will continue to be effective unless and until a new CNA is executed. Capitalized terms used herein but not defined in this Award Notice or the Agreement shall have the meaning specified
in the Plan. In the event of a conflict among the provisions of the Award Notice, the Agreement, the Plan and the CNA, the provisions of the Plan will prevail. 
  

			
	Participant	  	[INSERT]
	Grant Date	  	February 28, 2018
	Number of Time-Based RSUs	  	[INSERT]
	
	Vesting Schedule
		
	 Vesting Date
	  	 Percentage of RSUs Vesting

	 February 28, 2019
	  	33 1/3%
	 February 28, 2020
	  	33 1/3%
	 February 28, 2021
	  	33 1/3%
	
	One-third of the Time-Based RSUs will vest on each of the first three anniversaries of the Grant Date (each a “Time-Based Vesting Date”), except as otherwise
provided in the vesting schedule.








 DELPHI TECHNOLOGIES PLC 

LONG-TERM INCENTIVE PLAN 

TIME-BASED RSU AWARD AGREEMENT 
 The
Time-Based RSUs with respect to Shares granted to you effective as of the Grant Date are subject to (1) the Notice of Award—Time-Based RSUs (the “Award Notice”), (2) this Time-Based RSU Award Agreement (the
“Agreement”) and (3) the Confidentiality and Noninterference Agreement (the “CNA”), along with all of the terms and conditions of Delphi Technologies PLC Long-Term Incentive Plan (the “Plan”),
which are incorporated herein by reference. For the sake of clarity, the Award is conditioned upon (and will not become effective unless and until) the Participant’s execution and return of the CNA to your local HR business partner. Capitalized
terms used herein but not defined in the Award Notice or this Agreement shall have the meaning specified in the Plan. In the event of a conflict among the provisions of the Award Notice, this Agreement, the Plan or the CNA, the provisions of the
Plan will prevail. For purposes of this Agreement, “Employer” means the Company or any Affiliate that employs you on the applicable date. 

Section 1. Grant of Award. The Company has granted the Award to the Participant effective as of the Grant Date and subject to the
vesting provisions as set forth in the Award Notice. 
 Section 2. Vesting. Subject to Sections 3 and 4 of the Agreement,
one-third of the Time-Based RSUs shall vest on each of the Time-Based Vesting Dates. 

Section 3. Termination of Service. 

(a) Death; Disability; Termination Without Cause; Resignation for Good Reason. If the Participant experiences a
Termination of Service after the first Time-Based Vesting Date and prior to the final Time-Based Vesting Date due to (i) death, (ii) Disability, (iii) termination by the Employer without Cause, or (iv) resignation for Good Reason
(each such circumstance being a “Qualifying Termination”), the Participant shall become vested in the number of Time-Based RSUs equal to (A) the number of unvested Time-Based RSUs as of such termination, multiplied by
(B) a fraction, the numerator of which shall be the number of full months between the Time-Based Vesting Date that immediately precedes such termination and the termination date and the denominator of which shall be the number of full months
between the Time-Based Vesting Date that immediately precedes such termination and the final Time-Based Vesting Date; provided, however, that, in the event of the Participant’s Termination of Service due to the Participant’s death,
subject to Section 18 of the Plan, the Company may elect to vest this Award effective on the date of the Participant’s death, in which case the Time-Based RSUs shall be settled in Shares delivered to the Participant’s estate or legal
representative in accordance with Section 5 of this Agreement. 
 (b) Any Other Termination of Service. In the event of the
Participant’s Termination of Service (i) prior to the first Time-Based Vesting Date for any reason or (ii) on or after the first Time-Based Vesting Date and prior to the final Time-Based Vesting Date for any reason other than as
described in Section 3(a) above, the Participant immediately shall forfeit the unvested portion of Time-Based RSUs without any payment to the Participant. 







 (c) Effective Date of Termination of Service. Notwithstanding anything to the contrary in
the Plan or the Agreement, and for purposes of clarity, if the Participant is employed outside of the United States, any Termination of Service shall be effective as of the date the Participant’s active employment with the Employer ceases and
shall not be extended by any statutory or common law notice of termination period. 
 Section 4. Change in Control. 

(a) Conditional Vesting. Upon a Change in Control prior to the final Time-Based Vesting Date, except to the extent that another award
meeting the requirements of Section 4(b) (a “Replacement Award”) is provided to the Participant to replace this Award (the “Replaced Award”), any unvested Time-Based RSUs shall vest in full and be delivered to
the Participant on the effective date of such Change in Control. If a Replacement Award is provided, notwithstanding anything in this Agreement to the contrary, any outstanding Time-Based RSUs covered by this Agreement, which at the time of the
Change in Control are not subject to a “substantial risk of forfeiture” (within the meaning of Section 409A of the Code), will be deemed to be vested at the time of such Change in Control and shall be delivered to the Participant on
the effective date of such Change in Control. 
 (b) Replacement Awards. An award shall meet the conditions of this Section 4(b)
(and thereby qualify as a Replacement Award) if the following conditions are met: 
 (i) The award has a value at least equal
to the value of the Replaced Award; 
 (ii) The award relates to publicly-traded equity securities of the Company or its
successor following the Change in Control or another entity that is affiliated with the Company or its successor following the Change in Control; and 

(iii) The other terms and conditions of the award are not less favorable to the Participant than the terms and conditions of
the Replaced Award (including the provisions that would apply in the event of a subsequent Change in Control and the provisions of Section 4(c)). 

Without limiting the generality of the foregoing, a Replacement Award may take the form of a continuation of a Replaced Award if the requirements of the
preceding sentence are satisfied. The determination of whether the conditions of this Section 4(b) are satisfied shall be made by the Committee, as constituted immediately before the Change in Control, in its sole discretion. 

(c) Qualifying Termination following a Change in Control. If the Participant experiences a Qualifying Termination (for purposes of which
the Company will include a successor of the Company following the Change in Control or another entity that is affiliated with the Company or its successor following the Change in Control), in connection with or during a period of two (2) years
after the Change in Control, any Replacement Award that replaces this Award, to the extent not vested as of such Termination of Service, shall vest in full. Any such vested Replacement Award (including any portion previously vested but not yet
delivered) shall be delivered to the Participant within thirty (30) days following the date of such Qualifying Termination, provided that if the Qualifying Termination does not occur within two (2) years of a Change in Control that
qualifies as a permissible date of distribution under Section 







 
409A(a)(2)(A) of the Code, and the regulations thereunder, and where Section 409A of the Code applies to such distribution, the vested Replacement Award (and any previously vested but
undelivered portion) will be delivered to the Participant at the times specified in Section 5(a) of this Agreement as though the Participant had continued employment through each Time-Based Vesting Date. 

Section 5. Settlement of Time-Based RSUs. 

(a) Delivery of Shares. Subject to Sections 3 and 4 of the Agreement, any vested Time-Based RSUs shall be settled in the form of Shares
delivered to the Participant as soon as practicable following the Time-Based Vesting Date but in no event later than 30 days following the Time-Based Vesting Date. 

(b) Alternative Form of Settlement. Pursuant to Section 7(f) of the Plan and notwithstanding any provision in the Agreement to the
contrary, the Company may, in its sole discretion, settle any Time-Based RSUs in the form of (i) a cash payment to the extent settlement in Shares (1) is prohibited under local law, (2) would require the Participant, the Company or
the Employer to obtain the approval of any governmental and/or regulatory body in the Participant’s country of residence (or country of employment, if different), (3) would result in adverse tax consequences for the Participant, the Company or
the Employer, or (4) is administratively burdensome; or (ii) Shares, but require the Participant to sell such Shares immediately or within a specified period following the Participant’s Termination of Service (in which case, the
Participant hereby expressly authorizes the Company to issue sales instructions in relation to such Shares on the Participant’s behalf). 

Section 6. Dividend Equivalents. If a dividend is paid on Shares underlying Time-Based RSUs with respect to the period commencing
on the Grant Date and ending on the date on which the Shares in settlement of the Time-Based RSUs are delivered to the Participant, the Participant shall be eligible to receive an amount equal to the amount of the dividend that the Participant would
have received had the Shares attributable to Time-Based RSUs been held by the Participant during the period with respect to which the dividend was paid, which amount shall be calculated and reinvested in additional Time-Based RSUs as of the time at
which such dividend is paid. No such amount shall be payable with respect to any portion of this Award that is forfeited pursuant to Section 3 of the Agreement. Such amount shall be paid to the Participant in the form of additional Shares on
the date on which the Shares attributable to the related original Time-Based RSUs are delivered to the Participant; provided that the Committee retains the discretion to pay such amount in cash rather than Time-Based RSUs in the event that an
insufficient number of Shares are authorized and available for issuance under the Plan. Any Shares attributable to Time-Based RSUs that the Participant is eligible to receive pursuant to this Section 6 are referred to herein as
“Dividend Shares”. 
 Section 7. Withholding of Tax-Related Items. 

(a) Responsibility for Taxes. The Participant acknowledges that, regardless of any action taken by the Company or the Employer, the
ultimate liability for the all income tax, social insurance, payroll tax, fringe benefits tax, payment on account other tax-related items related to the Participant’s participation in the Plan (“Tax-Related Items”), is and remains the Participant’s responsibility and may exceed the amount actually withheld by the Company or the 







 
Employer. The Participant further acknowledges that the Company and the Employer (i) make no representations or undertakings regarding the treatment of any
Tax-Related Items in connection with any aspect of this Award, including, but not limited to, the grant, vesting or settlement of this Award, the subsequent sale of Shares attributable to Time-Based RSUs
(including Dividend Shares) acquired pursuant to such and the receipt of any dividends or dividend equivalents, and (ii) do not commit to and are under no obligation to structure the terms of the grant or any aspect of this Award to reduce or
eliminate the Participant’s responsibility for Tax-Related Items or achieve any particular tax result. Further, if the Participant is subject to Tax-Related Items
in more than one jurisdiction between the Grant Date and the date of any relevant taxable or tax withholding event, as applicable, the Participant acknowledges that the Company and the Employer may be required to withhold or account for Tax-Related Items in more than one jurisdiction. 
 (b) Tax Withholding. Prior to any relevant
taxable or tax withholding event, as applicable, the Participant agrees to make adequate arrangements satisfactory to the Company and the Employer to satisfy all Tax-Related Items. In this regard, the
Participant authorizes the Company, the Employer or an agent of the Company or the Employer to satisfy the obligations with regard to all Tax-Related Items by one or a combination of the following: 

(i) The Company may withhold a portion of the Shares otherwise issuable in settlement of this Award (or, in the case of Awards
settled in cash, a portion of the cash proceeds) that have an aggregate fair market value sufficient to pay the Tax-Related Items required to be withheld (as determined by the Company in good faith and in its
sole discretion) with respect to this Award. For purposes of the foregoing, no fractional Shares will be withheld or issued pursuant to the vesting of this Award and the issuance of Shares or cash thereunder. 

(ii) The Company or the Employer may withhold a portion of the sales proceeds from the sale of Shares acquired pursuant to this
Award either through a voluntary sale or through a mandatory sale arranged by the Company or the Employer (on the Participant’s behalf pursuant to this authorization without further consent). 

(iii) The Company or the Employer may withhold any amount necessary to pay the
Tax-Related Items from the Participant’s salary or other amounts payable to the Participant. 

(iv) The Company or Employer may require the Participant to submit a cash payment equivalent to the Tax-Related Items required to be withheld with respect to this Award. 
 (v) The Company or
the Employer may satisfy the Tax-Related Items by such other methods or combinations of methods as the Company or the Employer may make available from time to time. 

Depending on the withholding method, the Company or the Employer may withhold or account for Tax-Related Items by
considering applicable withholding rates (as determined by the Company in good faith and its sole discretion), including maximum applicable tax rates. If the obligation for Tax-Related Items is satisfied by
withholding from the Shares to be delivered upon 







 
settlement of this Award, for tax purposes, the Participant is deemed to have been issued the full number of Shares notwithstanding that a number of Shares are held back for the purpose of paying
Tax-Related Items. In the event the withholding requirements are not satisfied, no Shares or cash will be issued to the Participant (or the Participant’s estate) in settlement of this Award unless and
until satisfactory arrangements (as determined by the Company in its sole discretion) have been made by the Participant with respect to the payment of any such Tax-Related Items. By accepting the grant of this
Award, the Participant expressly consents to the methods of withholding of Tax-Related Items as provided hereunder. All other Tax-Related Items related to this Award and
any Shares or cash delivered in settlement thereof are the Participant’s sole responsibility. 
 (c) Tax Withholding for
Section 16 Officers. If the Participant is a Section 16 officer of the Company under the U.S. Securities Exchange Act of 1934, as amended, the Company will withhold Shares upon the settlement of Time-Based RSUs to cover
any withholding obligations for Tax-Related Items unless the use of such withholding method is prohibited or problematic under applicable laws or otherwise may trigger adverse consequences to the Company or
the Employer (in each case, as determined by the Committee), in which case the obligation to withhold Tax-Related Items shall be satisfied by the Participant submitting a payment to the Company equal to the
amount of the Tax-Related Items required to be withheld. 
 Section 8. Additional Terms and
Conditions. 
 (a) Issuance of Shares. Upon delivery of Shares in settlement of the Time-Based RSUs (including, if applicable, any
Dividend Shares), such Shares shall be evidenced by book-entry registration; provided, however, that the Committee may determine that such Shares shall be evidenced in such other manner as it deems appropriate, including the issuance of a
share certificate or certificates. Any such fractional Shares shall be rounded up to the nearest whole Share. 
 (b) Voting Rights.
The Participant shall not have voting rights with respect to the Shares underlying the Time-Based RSUs (including, if applicable, any Dividend Shares) unless and until such Shares are delivered to the Participant. 

Section 9. Data Privacy. Pursuant to applicable personal data protection laws, the Company hereby notifies the Participant of the
following in relation to the Participant’s personally identifiable data (“Personal Data”) and the collection, processing and transfer of such data in relation to the Company’s grant of this Award and participation in the
Plan. The collection, processing and transfer of Personal Data is necessary for the Company’s administration of the Plan and the Participant’s participation in the Plan, and although the Participant has the right to deny or object to the
collection, processing and transfer of Personal Data, the Participant’s denial and/or objection to the collection, processing and transfer of Personal Data may affect the Participant’s participation in the Plan. As such, the Participant
voluntarily acknowledges and consents (where required under applicable law) to the collection, use, processing and transfer of Personal Data as described herein: 

The Company and the Employer hold certain Personal Data about the Participant, including (but not limited to) the Participant’s name, home address and
telephone number, date of birth, social security number (resident registration number or tax identification number) or other employee 







 
identification number, e-mail address, salary, nationality, job title, any shares or directorships held in the Company, details of all entitlements to
shares (or cash) awarded, canceled, purchased, vested, unvested or outstanding in the Participant’s favor, for the purpose of managing and administering the Plan. The Personal Data may be provided by the Participant or collected, where lawful,
from the Company, its Affiliates and/or third parties, and the Company and the Employer will process the Personal Data in this context for the exclusive purpose of implementing, administering and managing the Participant’s participation in the
Plan. The Personal Data processing will take place through electronic and non-electronic means correlated to the purposes for which Personal Data are collected and with confidentiality and security provisions
as set forth by applicable laws and regulations in the Participant’s country of residence (or country of employment, if different). Personal Data will be accessible within the organization only by those persons requiring access for purposes of
the implementation, administration and operation of the Plan and for the participation in the Plan. 
 The Company and the Employer will transfer Personal
Data internally as necessary for the purpose of implementation, administration and management of the Participant’s participation in the Plan, and the Company and the Employer may further transfer Personal Data to any third parties assisting the
Company in the implementation, administration and management of the Plan. The third party recipients of Personal Data may be any Affiliate of the Company or a broker/administrator that the Company may engage to assist with the implementation,
administration and management of the Plan from time to time, and any third party vendors with whom the broker/administrator has contracted to provide services under the Plan. These recipients may be located in the European Economic Area, or in in
other countries, such as the United States, which may not be considered to provide the same level of privacy protection to Personal Data as that provided by the Participant’s country of residence (or country of employment, if different). The
Participant hereby authorizes (where required under applicable law) such processing and transfer of Personal Data. 
 The Participant may, at any time,
exercise the Participant’s rights provided under applicable personal data protection laws, which may include the right to (i) obtain confirmation as to the existence of the Personal Data, (ii) verify the content, origin and accuracy
of the Personal Data, (iii) request the integration, update, amendment, deletion or blockage (for breach of applicable laws) of the Personal Data, (iv) oppose, for legal reasons, the collection, processing or transfer of the Personal Data
which is not necessary or required for the implementation, administration and/or operation of the Plan and the Participant’s participation in the Plan, and (v) withdraw consent to the collection, processing or transfer of Personal Data as
provided hereunder (in which case, this Award will become null and void). The Participant may seek to exercise these rights by contacting the Employer’s HR department. 







 Section 10. Miscellaneous Provisions. 

(a) Notices. All notices, requests and other communications under this Agreement shall be in writing and shall be delivered in person
(by courier or otherwise), mailed by certified or registered mail, return receipt requested, or sent by facsimile transmission, as follows: 

if to the Company, to: 
 Delphi
Technologies PLC 
 One Angel Court, 10th Floor 

London EC2R 7HJ, UK 
 Attention:
Chief Human Resources Officer 
 if to the Participant, to the address that the Participant most recently provided to the Company, 

or to such other address as such party may hereafter specify for the purpose by notice to the other parties hereto. All such notices, requests and other
communications shall be deemed received on the date of receipt by the recipient thereof if received prior to 5:00 p.m. on a business day in the place of receipt. Otherwise, any such notice, request or communication shall be deemed received on
the next succeeding business day in the place of receipt. 
 (b) Entire Agreement. This Agreement, the Plan and any other agreements
referred to herein and therein and any attachments referred to herein or therein, constitute the entire agreement and understanding between the parties in respect of the subject matter hereof and supersede all prior and contemporaneous arrangements,
agreements and understandings, both oral and written, whether in term sheets, presentations or otherwise, between the parties with respect to the subject matter hereof. 

(c) Amendment; Waiver. No amendment or modification of any provision of this Agreement shall be effective unless signed in writing by or
on behalf of the Company and the Participant, except that the Committee may amend or modify this Agreement without the Participant’s consent in accordance with the provisions of the Plan or as otherwise set forth in this Agreement. No waiver of
any breach or condition of this Agreement shall be deemed to be a waiver of any other or subsequent breach or condition, whether of like or different nature. Any amendment or modification of or to any provision of this Agreement, or any waiver of
any provision of this Agreement, shall be effective only in the specific instance and for the specific purpose for which made or given. 

(d) Severability. The Agreement shall be enforceable to the fullest extent allowed by law. In the event that any provision of the
Agreement is determined to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, then that provision shall be reduced, modified or otherwise conformed to the relevant law, judgment or determination
to the degree necessary to render it valid and enforceable without affecting the validity, legality or enforceability of any other provision of the Agreement or the validity, legality or enforceability of such provision in any other jurisdiction.
Any provision of the Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be deemed severable from the remainder of the Agreement, and the remaining provisions contained in the Agreement shall be
construed to preserve to the maximum permissible extent the intent and purposes of the Agreement. 







 (e) Assignment. Neither this Agreement nor any right, remedy, obligation or liability
arising hereunder or by reason hereof shall be assignable by the Participant. 
 (f) Successors and Assigns; No Third Party
Beneficiaries. This Agreement shall inure to the benefit of and be binding upon the Company and the Participant and their respective heirs, successors, legal representatives and permitted assigns. Nothing in this Agreement, expressed or implied,
is intended to confer on anyone other than the Company and the Participant, and their respective heirs, successors, legal representatives and permitted assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement.

 (g) Counterparts. This Agreement may be signed in any number of counterparts, each of which shall be an original, with the same
effect as if the signatures thereto and hereto were upon the same instrument. 
 (h) Acknowledgement of Discretionary Nature of the Plan;
No Vested Rights. The Participant acknowledges and agrees that the Plan is established voluntarily by the Company, is discretionary in nature and limited in duration, and may be amended, cancelled, or terminated by the Company, in its sole
discretion, at any time. The grant of this Award under the Plan is a one-time benefit and does not create any contractual or other right to receive an award or benefits in lieu of an award in the future.
Future awards, if any, will be at the sole discretion of the Company, including, but not limited to, the form and timing of the award, the number of Time-Based RSUs subject to the award, and the vesting provisions applicable to the award. 

(i) Extraordinary Item of Compensation. The Participant’s participation in the Plan is voluntary. The value of this Award under the
Plan is an extraordinary item of compensation outside the scope of the Participant’s employment (and the Participant’s employment contract, if any). As such, this Award under the Plan is not part of normal or expected compensation for
purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension, or retirement benefits or similar payments. The grant of this Award does not create a right to employment and shall not
be interpreted as forming an employment or service contract with the Company or the Employer and shall not interfere with the ability of the Employer to terminate the Participant’s employment or service relationship. 

(j) Participant Undertaking. By accepting this Award, the Participant acknowledges that he or she has executed a Confidentiality and
Noninterference Agreement and agrees to take whatever additional action and execute whatever additional documents the Company may deem necessary or advisable to carry out or give effect to any of the obligations or restrictions imposed on the
Participant pursuant to the provisions of this Agreement. 
 (k) Compliance with Law. As a condition to the Company’s grant of
this Award, the Participant agrees to repatriate all payments attributable to the Shares and cash acquired under the Plan in accordance with local foreign exchange rules and regulations in the Participant’s country of residence (and country of
employment, if different). In addition, the Participant also agrees to take any and all actions, and consent to any and all actions taken by the Company and its Affiliates, as may be required to allow the Company and its Affiliates to comply with
local 







 
laws, rules and regulations in the Participant’s country of residence (and country of employment, if different). Finally, the Participant agrees to take any and all actions as may be
required to comply with the Participant’s personal legal, regulatory and tax obligations under local laws, rules and regulations in the Participant’s country of residence (and country of employment, if different). 

(l) Electronic Delivery. The Company may, in its sole discretion, elect to deliver any documents related to this Award granted to the
Participant by electronic means. By accepting this Award, the Participant hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan through an on-line or electronic
system established and maintained by the Company or a third party designated by the Company. 
 (m) EU Age Discrimination Rules. If
the Participant is a local national of and employed in a country that is a member of the European Union, the grant of the Award and the terms and conditions governing the Award are intended to comply with the age discrimination provisions of the EU
Equal Treatment Framework Directive, as implemented into local law (the “Age Discrimination Rules”). To the extent that a court or tribunal of competent jurisdiction determines that any provision of the Agreement is invalid or
unenforceable, in whole or in part, under the Age Discrimination Rules, the Company, in its sole discretion, shall have the power and authority to revise or strike such provision to the minimum extent necessary to make it valid and enforceable to
the full extent permitted under local law. 
 (n) Insider Trading and Market Abuse Laws. Depending on the Participant’s country
of residence (or country of employment, if different), the Participant may be subject to insider trading restrictions and/or market abuse laws, which may affect the Participant’s ability to acquire or sell Shares under the Plan during such
times as the Participant is considered to have “inside information” regarding the Company (as defined by the laws of the Participant’s country of residence or employment, as applicable). Any restrictions under these laws or
regulations are separate from and in addition to any restrictions that may be imposed under any applicable Company insider trading policy. The Participant acknowledges that it is the Participant’s responsibility to comply with any applicable
restrictions and that the Participant should consult with the Participant’s personal advisor on this matter. 
 (o) English
Language. If the Participant is a resident or employed outside of the United States, the Participant acknowledges and agrees that by accepting this Award, it is the Participant’s express intent that the Agreement, the Award Notice, the CNA,
the Plan and all other documents, notices and legal proceedings entered into, given or instituted pursuant to this Award, be drawn up in English. If the Participant has received the Agreement, the Award Notice, the CNA, the Plan or any other
documents related to this Award translated into a language other than English, and if the meaning of the translated version is different than the English version, the English version will control. 

(p) Plan. The Participant acknowledges and understands that material definitions and provisions concerning this Award and the
Participant’s rights and obligations with respect thereto are set forth in the Plan. The Participant has read carefully, and understands, the provisions of the Plan. 







 (q) Addendum. Notwithstanding any provisions of the Agreement to the contrary, this Award
shall be subject to any special terms and conditions for the Participant’s country of residence (or country of employment, if different), as are set forth in the applicable addendum to the Agreement (“Addendum”). Further, if
the Participant transfers residence and/or employment to another country reflected in an Addendum to the Agreement, the special terms and conditions for such country shall apply to the Participant to the extent the Company determines, in its sole
discretion, that the application of such terms and conditions is necessary or advisable in order to comply with local law or to facilitate the operation and administration of this Award and the Plan (or the Company may establish alternative terms or
conditions as may be necessary or advisable to accommodate the Participant’s transfer). Any applicable Addendum shall constitute part of the Agreement. 

(r) Additional Requirements. The Company reserves the right to impose other requirements on this Award, any Shares acquired pursuant to
this Award and the Participant’s participation in the Plan to the extent the Company determines, in its sole discretion, that such other requirements are necessary or advisable in order to comply with local law or to facilitate the operation
and administration of this Award and the Plan. Such requirements may include (but are not limited to) requiring the Participant to sign any agreements or undertakings that may be necessary to accomplish the foregoing. 

(s) Risk Statement. The Participant acknowledges and accepts that the future value of the Shares is unknown and cannot be predicted with
certainty and that the value of the Award at the time when the Shares are delivered may be less than the value of the Award on the Grant Date. The Participant understands that if he or she is in any doubt as to whether he or she should accept this
Award, the Participant should obtain independent advice. 
 (t) No Advice Regarding Grant. No employee of the Company or the Employer
is permitted to advise the Participant regarding the Participant’s participation in the Plan or the acquisition or sale of the Shares underlying this Award. The Participant is hereby advised to consult with the Participant’s personal tax,
legal and financial advisors prior to taking any action related to the Plan. 
 (u) Private Placement. Outside of the United States,
the grant of this Award is not intended to be a public offering of securities in the Participant’s country of residence (or country of employment, if different) but instead is intended to be a private placement. As a private placement, the
Company has not submitted any registration statement, prospectus or other filings with the local securities authorities (unless otherwise required under local law) at the time of grant, and the grant of this Award is not subject to the supervision
of the local securities authorities. 
 (v) Governing Law. The Agreement shall be governed by the laws of the State of New York,
without application of the conflicts of law principles thereof. 
 (w) No Right to Continued Service. The granting of the Award
evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the service of the Participant and shall not lessen or affect the right that the Company or any Affiliate may have to terminate the service of
such Participant. 







 (x) WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO IRREVOCABLY WAIVES ANY AND ALL RIGHT
TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. 
 IN WITNESS WHEREOF, the
parties have executed this Agreement as of the day and year first written above. 
  

					
	DELPHI TECHNOLOGIES PLC
		
	By:	 	  

		 	Name:	 	James D. Harrington
		 	Title:	 	Senior Vice President & General Counsel


  

			
	 PARTICIPANT

		
		 	  

		 	 Name:










 DELPHI TECHNOLOGIES PLC 

LONG-TERM INCENTIVE PLAN 

ADDENDUM TO 
 TIME-BASED
RSU AWARD AGREEMENT 
 In addition to the terms of the Award Notice, the Agreement, the CNA and the Plan, the Time-Based RSUs are subject to the
following additional terms and conditions (the “Addendum”). All capitalized terms as contained in this Addendum shall have the same meaning as set forth in the Award Notice, the Agreement and the Plan. Pursuant to Section 10(q)
of the Agreement, if the Participant transfers the Participant’s residence and/or employment to another country reflected in the Addendum at the time of transfer, the special terms and conditions for such country will apply to the Participant
to the extent the Company determines, in its sole discretion, that the application of such terms and conditions is necessary or advisable in order to comply with local law, rules and regulations, or to facilitate the operation and administration of
the Award and the Plan (or the Company may establish alternative terms and conditions as may be necessary or advisable to accommodate your transfer). 

ARGENTINA 
 None. 

AUSTRIA 
 None. 

BRAZIL 
 1. Labor Law
Acknowledgment. By accepting this Award, the Participant acknowledges and agrees, for all legal purposes, that (a) the benefits provided under the Agreement and the Plan are the result of commercial transactions unrelated to the
Participant’s employment; (b) the Agreement and the Plan are not a part of the terms and conditions of the Participant’s employment; and (c) the income from this Award, if any, is not part of the Participant’s remuneration
from employment. 
 CHINA 
 1.
Satisfaction of Regulatory Obligations. If the Participant is a People’s Republic of China (“PRC”) national, the grant of this Award is conditioned upon the Company securing all necessary approvals from the PRC State
Administration of Foreign Exchange to permit the operation of the Plan and the participation of PRC nationals employed by the Employer, as determined by the Company in its sole discretion. 

2. Sale of Shares. Notwithstanding anything to the contrary in the Plan, upon any termination of employment with the Employer, the
Participant shall be required to sell all Shares acquired under the Plan within such time period as may be established by the PRC State Administration of Foreign Exchange, the Company and/or the Employer. 







 3. Exchange Control Restrictions. The Participant acknowledges and agrees that the
Participant will be required to immediately repatriate to the PRC the proceeds from the sale of any Shares acquired under the Plan, as well as any other cash amounts attributable to the Shares acquired under the Plan (collectively, “Cash
Proceeds”). Further, the Participant acknowledges and agrees that the repatriation of the Cash Proceeds must be effected through a special bank account established by the Employer, the Company or one of its Affiliates, and the Participant
hereby consents and agrees that the Cash Proceeds may be transferred to such account by the Company on the Participant’s behalf prior to being delivered to the Participant. The Cash Proceeds may be paid to the Participant in U.S. dollars or
local currency at the Company’s discretion. If the Cash Proceeds are paid to the Participant in U.S. dollars, the Participant understands that a U.S. dollar bank account must be established and maintained in China by the Participant so that the
proceeds may be deposited into such account. If the Cash Proceeds are paid to the Participant in local currency, the Participant acknowledges and agrees that the Company is under no obligation to secure any particular exchange conversion rate and
that the Company may face delays in converting the Cash Proceeds to local currency due to exchange control restrictions. The Participant agrees to bear any currency fluctuation risk between the time the Shares related to the Time-Based RSUs
(including, if applicable, any Dividend Shares) are sold and the Cash Proceeds are converted into local currency and distributed to the Participant. The Participant further agrees to comply with any other requirements that may be imposed by the
Employer, the Company and its Affiliates in the future in order to facilitate compliance with exchange control requirements in the PRC. 
 CZECH REPUBLIC

 None. 
 DENMARK 

1. Treatment of Units upon Termination. Notwithstanding any provisions in the Agreement to the contrary, if the Participant is
determined to be an “Employee,” as defined in section 2 of the Danish Act on the Use of Rights to Purchase or Subscribe for Shares etc. in Employment Relationships (the “Stock Option Act”), the treatment of the Award upon
Termination of Service shall be governed by Sections 4 and 5 of the Stock Option Act. However, if the provisions in the Agreement or the Plan governing the treatment of the Award upon a Termination of Service are more favorable, the provisions
of the Agreement or the Plan will govern. In accepting the Award, the Participant acknowledges having received an “Employer Information Statement” in Danish as part of the grant materials distributed or otherwise made available to the
Participant. 
 FINLAND 
 1.
Withholding of Tax-Related Items. Notwithstanding anything in Section 7(b) of the Agreement to the contrary, if the Participant is a local national of Finland, any
Tax-Related Items shall be withheld only in cash from the Participant’s regular salary/wages or other amounts payable to the Participant in cash or such other withholding methods as may be permitted under
the Plan and allowed under local law. 







 FRANCE 

1. Termination of Service. The following provision shall supplement Section 3(c) of the Agreement: 

In case of Termination of Service of the Participant triggering the payment of severance costs under applicable law, the Time-Based RSUs shall not be taken
into account in the calculation of such severance costs, to the extent permitted by applicable law. 
 2. Use of English Language. By
accepting this Award, the Participant acknowledges and agrees that it is the Participant’s wish that the Agreement, including the Addendum, as well as all other documents, notices and legal proceedings entered into, given or instituted
pursuant to this Award, either directly or indirectly, be drawn up in English. 
 Langue anglaise. Langue anglaise. En
acceptant cette Attribution, le Participant reconnaît et accepte que le Participant souhaite que le Contrat, y compris l’Addendum, ainsi que tous les autres documents, avis et procédures judiciaires entamés, donnés ou
institués en vertu de l’Attribution, directement ou indirectement, soient rédigés en anglais.
 BY SIGNING BELOW, THE
PARTICIPANT ACKNOWLEDGES, UNDERSTANDS AND AGREES TO THE PROVISIONS OF THE AGREEMENT, INCLUDING THE ADDENDUM AND THE PLAN. 
 PLEASE SIGN AND RETURN
THE ADDENDUM VIA EMAIL NO LATER THAN MARCH 31, 2018 TO YOUR LOCAL HR BUSINESS PARTNER. 
  

					
	  
	 		 	  

	Participant Signature	 		 	Participant Name (Printed)
			
	                                      
  	 		 	
	Date	 		 	








 GERMANY 

1. Termination of Service. The following provision shall supplement Section 3(c) of the Agreement: 

In case of Termination of Service of the Participant triggering the payment of severance costs under applicable law, the Time-Based RSUs shall not be taken
into account in the calculation of such severance costs, to the extent permitted by applicable law. 
 HUNGARY 

None. 
 INDIA 

None. 
 IRELAND 

None. 
 ITALY 

1. Termination of Service. The following provision shall supplement Section 3(c) of the Agreement: 

In case of Termination of Service of the Participant triggering the payment of severance costs under applicable law, the Time-Based RSUs shall not be taken
into account in the calculation of such severance costs, to the extent permitted by applicable law. 
 2. Data Privacy. This following
provision replaces Section 9 of the Agreement in its entirety: 
 The Participant understands that the Company and its Affiliates may hold certain
personal information about the Participant, including, but not limited to, the Participant’s name, home address and telephone number, date of birth, social security number (or any other social or national identification number), salary,
nationality, job title, number of shares held and the details of any RSUs or any other entitlement to shares awarded, cancelled, exercised, vested, unvested or outstanding (“Data”) for the purpose of implementing, administering and
managing the Participant’s participation in the Plan. The Participant is aware that providing the Company with the Participant’s Data is necessary for the performance of the Agreement and that the Participant’s refusal to provide such
Data would make it impossible for the Company to perform its contractual obligations and may affect the Participant’s ability to participate in the Plan. 

The Controller of personal Data processing is Delphi Technologies PLC, Courteney Road, Hoath Way, Gillingham, Kent ME8 0RU, United Kingdom. Delphi
Technologies PLC is the Company’s Representative for privacy purposes pursuant to Legislative Decree no. 196/2003. The Participant understands that the Data may be transferred to the Company or its Affiliates, or to any third party
assisting with the implementation, administration and management of the Plan, including any transfer required to the broker/administrator or any other 







 
third party with whom the Time-Based RSUs or cash from the sale of Time-Based RSUs acquired under the Plan may be deposited. Furthermore, the recipients that may receive, possess, use, retain and
transfer such Data for the above mentioned purposes may be located in Italy or elsewhere, including outside of the European Union, and a recipient’s country (e.g., the United States) may have different data privacy laws and protections from
Italy. The processing activity, including the transfer of the Participant’s Data abroad, outside of the European Union, as herein specified and pursuant to applicable Italian data privacy laws and regulations, does not require the
Participant’s consent thereto as the processing is necessary for the performance of contractual obligations related to the implementation, administration and management of the Plan. The Participant understands that Data processing relating to
the purposes above specified shall take place under automated or non-automated conditions, anonymously when possible, that comply with the purposes for which Data is collected and with confidentiality and
security provisions as set forth by applicable Italian data privacy laws and regulations, with specific reference to D.lgs. 196/2003. 
 The Participant
understands that Data will be held only as long as is required by law or as necessary to implement, administer and manage the Participant’s participation in the Plan. The Participant understands that pursuant to art.7 of D.lgs 196/2003, the
Participant has the right, including but not limited to, access, delete, update, request the rectification of the Participant’s Data and cease, for legitimate reasons, the Data processing. Furthermore, the Participant is aware that the
Participant’s Data will not be used for direct marketing purposes. In addition, the Data provided can be reviewed and questions or complaints can be addressed by contacting the Participant’s local human resources representative. 

JAPAN 
 None. 

LUXEMBOURG 
 1. Termination of Service.
The following provision shall supplement Section 3(c) of the Agreement: 
 In case of Termination of Service of the Participant triggering the
payment of severance costs under applicable law, the Time-Based RSUs shall not be taken into account in the calculation of such severance costs, to the extent permitted by applicable law. 

MEXICO 
 1. Commercial Relationship.
The Participant expressly recognizes that the Participant’s participation in the Plan and the Company’s grant of this Award do not constitute an employment relationship between the Participant and the Company. The Participant has been
granted this Award as a consequence of the commercial relationship between the Company and the Participant’s Employer, and such entity is the Participant’s sole employer. Based on the foregoing, (a) the Participant expressly
recognizes the Plan and the benefits the Participant may derive from the Participant’s participation in the Plan does not establish any rights between the Participant and the Employer, (b) the Plan and the benefits the Participant may
derive from the Participant’s participation in the Plan are not part of the employment conditions and/or benefits provided by the Employer, and (c) any modification or amendment of the Plan by the Company, or a termination of the Plan by
the Company, shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with the Employer. 







 2. Extraordinary Item of Compensation. The Participant expressly recognizes and
acknowledges that the Participant’s participation in the Plan is a result of the discretionary and unilateral decision of the Company, as well as the Participant’s free and voluntary decision to participate in the Plan in accord with the
terms and conditions of the Plan and the Agreement, including the Addendum. As such, the Participant acknowledges and agrees that the Company may, in its sole discretion, amend and/or discontinue the Participant’s participation in the Plan at
any time and without any liability. The value of this Award is an extraordinary item of compensation outside the scope of the Participant’s employment contract, if any. This Award is not part of the Participant’s regular or expected
compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension, retirement benefits, or any similar payments, which are the exclusive obligations of the Employer. 

BY SIGNING BELOW, THE PARTICIPANT ACKNOWLEDGES, UNDERSTANDS AND AGREES TO THE PROVISIONS OF THE AGREEMENT, INCLUDING THE ADDENDUM AND THE PLAN. 

PLEASE SIGN AND RETURN THE ADDENDUM VIA EMAIL NO LATER THAN MARCH 31, 2018 TO YOUR LOCAL HR BUSINESS PARTNER. 

 

					
	  
	 		 	  

	Participant Signature	 		 	Participant Name (Printed)
			
	                                      
  	 		 	
	Date	 		 	








 NETHERLANDS 

1. Waiver of Termination Rights. As a condition to the grant of this Award, the Participant hereby waives any and all rights to
compensation or damages as a result of the termination of the Participant’s employment with the Employer for any reason whatsoever, insofar as those rights result or may result from (i) the loss or diminution in value of such rights or
entitlements under the Plan, or (ii) the Participant ceasing to have rights under or ceasing to be entitled to any Award or awards under the Plan as a result of such termination. 

NORWAY 
 None. 

POLAND 
 1. Termination of Service.
The following provision shall supplement Section 3(c) of the Agreement: 
 In case of Termination of Service of the Participant triggering the
payment of severance costs under applicable law, the Time-Based RSUs shall not be taken into account in the calculation of such severance costs, to the extent permitted by applicable law. 

PORTUGAL 
 1. Termination of Service.
The following provision shall supplement Section 3(c) of the Agreement: 
 In case of Termination of Service of the Participant triggering the
payment of severance costs under applicable law, the Time-Based RSUs shall not be taken into account in the calculation of such severance costs, to the extent permitted by applicable law. 

2. Language Consent. Participant hereby expressly declares that the Participant has full knowledge of the English language and has read,
understood and freely accepted and agreed with the terms and conditions established in the Plan and the Agreement. 
 Conhecimento da
Língua. Pela presente, o Participante declara expressamente que tem pleno conhecimento da língua inglesa e que leu, compreendeu e livremente aceitou e concordou com os termos e condições estabelecidas no
Plano e no Acordo. 
 SINGAPORE 
 1.
Qualifying Person Exemption. The following provision shall replace Section 10(u) of the Agreement: 
 The grant of this Award under the Plan is
being made pursuant to the “Qualifying Person” exemption” under section 273(1)(f) of the Securities and Futures Act (Chapter 289, 2011 Ed.) (“SFA”). The Plan has not been lodged or registered as a prospectus with the
Monetary Authority of Singapore. The Participant should note that, as a result, this Award is subject to section 257 of the SFA and the Participant will not be able to make (a) any subsequent sale of the Shares underlying the Time-Based
RSUs (including, if applicable, any Dividend Shares) in 







 
Singapore or (ii) any offer of such subsequent sale of the Shares underlying the Time-Based RSUs (including, if applicable, any Dividend Shares) subject to this Award in Singapore, unless
such sale or offer is made pursuant to the exemptions under Part XIII Division (1) Subdivision (4) (other than section 280) of the SFA (Chapter 289, 2011 Ed.). 

SOUTH AFRICA 
 1. Withholding
Taxes. The following provision supplements Section 8(b) of the Agreement: 
 By accepting the grant of this Award, the Participant agrees to notify
the Employer of the amount of any gain realized upon vesting of this Award. If the Participant fails to advise the Employer of the gain realized upon vesting of this Award, the Participant may be liable for a fine. The Participant shall be
responsible for paying any difference between the actual tax liability and the amount withheld. 
 2. Securities Law Information and
Deemed Acceptance of this Award. Neither this Award nor the underlying Shares shall be publicly offered or listed on any stock exchange in South Africa. The offer is intended to be private pursuant to Section 96 of the
Companies Act and is not subject to the supervision of any South African governmental authority. Pursuant to Section 96 of the Companies Act, this Award offer must be finalized on or before the 60th day following the grant date. If the
Participant does not want to accept the grant of this Award, the Participant is required to decline this Award no later than the 60th day following the Grant Date. If the Participant does not reject the grant of this Award on or before the 60th
day following the Grant Date, the Participant will be deemed to accept the grant of this Award. 
 SOUTH KOREA 

1. Data Privacy. The following provision replaces Section 9 of the Agreement in its entirety: 

Pursuant to applicable personal data protection laws, the Company and the Employer hereby notifies the Participant of the following in relation to the
Participant’s personal data and the collection, processing and transfer of such data in relation to the Company’s grant of RSUs and the Participant’s participation in the Plan. The collection, processing and transfer of the
Participant’s personal data is necessary for the Company’s administration of the Plan and the Participant’s participation in the Plan, and although the Participant has the right to deny or object to the collection, processing and
transfer of personal data, the Participant’s denial and/or objection to the collection, processing and transfer of personal data may affect the Participant’s participation in the Plan. As such, the Participant voluntarily acknowledges and
consents (where required under applicable law) to the collection, use, processing and transfer of personal data as described herein. The Company shall retain and use the Participant’s personal data until the purpose of the collection and use of
the personal data is accomplished and shall promptly destroy the personal data thereafter. 
 The Company and the Employer hold certain personal information
about the Participant, including the Participant’s name, home address, email address, and telephone number, date of birth, social security number (resident registration number), passport number, or other employee identification number, e-mail address, salary, nationality, job title, any Time-Based RSUs or 







 
directorships held in the Company, details of all Awards, options or any other entitlement to Time-Based RSUs awarded, canceled, purchased, vested, unvested or outstanding in the
Participant’s favor, for the purpose of managing and administering the Plan (“Data”). The Data may be provided by the Participant or collected, where lawful, from third parties, and the Company and the Employer will
process the Data for the exclusive purpose of implementing, administering and managing the Participant’s participation in the Plan. The Data processing will take place through electronic and
non-electronic means according to logics and procedures strictly correlated to the purposes for which Data are collected and with confidentiality and security provisions as set forth by applicable laws and
regulations in the Participant’s country of residence (and country of employment, if different). Data processing operations will be performed minimizing the use of personal and identification data when such operations are unnecessary for the
processing purposes sought. Data will be accessible within the Company’s organization only by those persons requiring access for purposes of the implementation, administration and operation of the Plan and for the Participant’s
participation in the Plan. 
 The Company and the Employer will transfer Data internally as necessary for the purpose of implementation, administration and
management of the Participant’s participation in the Plan, and the Company may further transfer Data to any third parties assisting the Company in the implementation, administration and management of the Plan. The third party recipients of Data
may be any Affiliates or subsidiaries of the Company and / or the Company’s broker/administrator or any successor or any other third party that the Company or the broker/administrator (or its successor) may engage to assist with the
implementation, administration and management of the Plan from time to time. These recipients may be located in the European Economic Area, or elsewhere throughout the world, such as the United States. the Participant hereby authorizes (where
required under applicable law) them to receive, possess, use, retain and transfer the Data, in electronic or other form, for purposes of implementing, administering and managing the Participant’s participation in the Plan, including any
requisite transfer of such Data as may be required for the administration of the Plan and/or the subsequent holding of Time-Based RSUs on the Participant’s behalf to a broker/administrator or other third party with whom the Participant may
elect to deposit any Time-Based RSUs acquired pursuant to the Plan. Such third parties to which the Company will transfer the Participant’s personal date shall retain and use the Participant’s personal data until the purpose of the
collection and use of the personal data is accomplished and shall promptly destroy such personal data thereafter. 
 The Company and any third party
recipient of the Data will use, process and store the Data only to the extent they are necessary for the purposes described above. 
 The Participant may,
at any time, exercise the Participant’s rights provided under applicable personal data protection laws, which may include the right to (a) obtain confirmation as to the existence of the Data, (b) verify the content, origin and
accuracy of the Data, (c) request the integration, update, amendment, deletion, or blockage (for breach of applicable laws) of the Data, (d) to oppose, for legal reasons, the collection, processing or transfer of the Data which is not
necessary or required for the implementation, administration and/or operation of the Plan and the Participant’s participation in the Plan, and (e) withdraw the Participant’s consent to the collection, processing or transfer of Data as
provided hereunder (in which case, the Participant’s Award will be null and void). the Participant may seek to exercise these rights by contacting the Participant’s local human resources manager or the Company’s human resources
department. 







 BY SIGNING AND CHECKING THE BOXES BELOW, PARTICIPANT ACKNOWLEDGES, UNDERSTANDS AND AGREES TO THE PROVISIONS OF
THE AGREEMENT, THE PLAN AND THIS ADDENDUM. FURTHER, PARTICIPANT ACKNOWLEDGES, UNDERSTANDS AND AGREES TO (1) THE COLLECTION, USE, PROCESSING AND TRANSFER OF THE DATA AS DESCRIBED ABOVE AND (2) THE PROCESSING OF PARTICIPANT’S UNIQUE
IDENTIFYING INFORMATION (RESIDENT REGISTRATION NUMBER) AS DESCRIBED ABOVE. 
 [    ] I agree to the collection and use of my Personal
Data. 
 [    ] I agree to the provision of my Personal Data to a third party and transfer of my Personal Data overseas. 

[    ] I agree to the processing of my unique identifying information (resident registration number). 

 

                          
                                   

Participant Signature 
  

                          
                                   

Participant Printed Name 
  

                          
                   
 Date 

PLEASE SIGN AND RETURN THE ADDENDUM VIA EMAIL NO LATER THAN MARCH 31, 2018 TO YOUR LOCAL HR BUSINESS PARTNER. 







 SPAIN 

1. Termination of Service. The following provision shall supplement Section 3(c) of the Agreement: 

In case of Termination of Service of the Participant triggering the payment of severance costs under applicable law, the Time-Based RSUs shall not be taken
into account in the calculation of such severance costs, to the extent permitted by applicable law. 
 2. Acknowledgement of Discretionary
Nature of the Plan; No Vested Rights. In accepting the grant of this Award, the Participant acknowledges that the Participant consents to participation in the Plan and have received a copy of the Plan. The Participant understands that the
Company has unilaterally, gratuitously and in its sole discretion granted this Award under the Plan to individuals who may be employees of the Company or its Affiliates throughout the world. The decision is a limited decision that is entered into
upon the express assumption and condition that any grant will not economically or otherwise bind the Company or any of its Affiliates on an ongoing basis. Consequently, the Participant understands that this Award is granted on the assumption and
condition that this Award and the Shares acquired upon vesting of this Award shall not become a part of any employment contract (either with the Company or any of its Affiliates) and shall not be considered a mandatory benefit, salary for any
purposes (including severance compensation) or any other right whatsoever. In addition, the Participant understands that this grant would not be made to him or her but for the assumptions and conditions referenced above. Thus, the Participant
acknowledges and freely accepts that should any or all of the assumptions be mistaken or should any of the conditions not be met for any reason, the grant of this Award shall be null and void. 

The Participant understands and agrees that, as a condition of the grant of this Award, any unvested portion of this Award as of the date you cease active
employment will be forfeited without entitlement to the underlying Shares or to any amount of indemnification in the event of the termination of employment by reason of, but not limited to, (i) material modification of the terms of employment
under Article 41 of the Workers’ Statute or (ii) relocation under Article 40 of the Workers’ Statute. The Participant acknowledges that the Participant has read and specifically accepts the conditions referred to in the Agreement
regarding the impact of a termination of employment on this Award. 
 BY SIGNING BELOW, THE PARTICIPANT ACKNOWLEDGES, UNDERSTANDS AND AGREES TO THE
PROVISIONS OF THE AGREEMENT, INCLUDING THE ADDENDUM AND THE PLAN. 
 PLEASE SIGN AND RETURN THE ADDENDUM VIA EMAIL NO LATER THAN MARCH 31, 2018
TO YOUR LOCAL HR BUSINESS PARTNER. 
  

					
	  
	 		 	  

	Participant Signature	 		 	Participant Name (Printed)
			
	                                      
  	 		 	
	Date	 		 	








 SWEDEN 

1. Termination of Service. The following provision shall supplement Section 3(c) of the Agreement: 

In case of Termination of Service of the Participant triggering the payment of severance costs under applicable law, the Time-Based RSUs shall not be taken
into account in the calculation of such severance costs, to the extent permitted by applicable law. 
 UNITED KINGDOM 

1. Termination of Service. The following provision shall supplement Section 3(c) of the Agreement: 

In case of Termination of Service of the Participant triggering the payment of severance costs under applicable law, the Time-Based RSUs shall not be taken
into account in the calculation of such severance costs, to the extent permitted by applicable law. 
 2. Taxes. The following
provisions supplement Section 7 of the Agreement: 
 The Participant shall pay to the Company or its Affiliates the amount of income tax that such
entity may be required to account to HM Revenue & Customs (“HMRC”) with respect to the event giving rise to the income tax (the “Taxable Event”) that cannot be satisfied by the means described in the
Agreement. If payment or withholding of the income tax is not made within ninety days of the end of the U.K. tax year in which the Taxable Event occurs or such other period specified in Section 222(1)(c) of the ITEPA 2003 (the “Due
Date”), then the amount that should have been withheld shall constitute a loan owed by the Participant to the Company or its Affiliates, effective on the Due Date. The Participant agrees that the loan will bear interest at the HMRC official
rate and will be immediately due and repayable by the Participant, and the Company and/or its Affiliates may recover it at any time thereafter by any of the means set forth in the Agreement. 

Notwithstanding the foregoing, if the Participant is an executive officer or director (as within the meaning of Section 13(k) of the U.S. Securities
Exchange Act of 1934, as amended), the terms of the immediately foregoing provision will not apply. In the event that the Participant is an executive officer or director, as defined above, and income tax due is not collected from or paid by the
Participant by the Due Date, the amount of any uncollected income tax may constitute a benefit to the Participant on which additional income tax and National Insurance contributions may be payable. The Participant will be responsible for reporting
and paying any income tax due on this additional benefit directly to HMRC under the self-assessment regime and for reimbursing the Company or its Affiliates, as applicable, for the value of any employee National Insurance contributions due on this
additional benefit, which the Company or its Affiliates, as applicable, may recover from the Participant by any of the means set forth in the Agreement. 

UNITED STATES 
 None. 

**************************