Exhibit 10.4


 


CONVEY HOLDING PARENT, INC.

2021 OMNIBUS INCENTIVE COMPENSATION PLAN


 


SECTION 1. Purpose. The purpose of this 2021
Omnibus Incentive Compensation Plan (the “Plan”) is to promote the interests of the Company (as defined below) and its stockholders
by (a) attracting and retaining exceptional directors, officers, employees and consultants (including prospective directors, officers,
employees and consultants) of the Company and its Affiliates (as defined below) and (b) enabling such individuals to participate
in the long-term growth and financial success of the Company. The Plan is intended to replace the Prior Plan (as defined below), which
shall be automatically terminated and replaced and superseded by the Plan on the Effective Date (as defined below). Notwithstanding the
foregoing, any awards granted under the Prior Plan shall remain in effect pursuant to their terms.


 


SECTION 2. Definitions. As used herein, the
following terms shall have the meanings set forth below:


 


“Affiliate” means (a) any entity
that, directly or indirectly, is controlled by, controls or is under common control with, the Company and (b) any entity in which
the Company has a significant equity interest, in either case, as determined by the Committee.


 


“Applicable Exchange” means the New York
Stock Exchange or any other national stock exchange or quotation system on which the Shares may be listed or quoted.


 


“Applicable Law” means legal requirements
relating to the Plan under U.S. Federal and state corporate law, U.S. Federal and state securities law, the Code, the Applicable Exchange
and the applicable laws of any foreign country or jurisdiction where Awards are, or will be, granted.


 


“Award” means any award that is permitted
under Section 6 and granted under the Plan.


 


“Award Agreement” means any written or
electronic agreement, contract or other instrument or document evidencing any Award, which may (but need not) require execution or acknowledgment
by a Participant.


 


“Board” means the Board of Directors
of the Company.


 


“Cash Incentive Award” means an Award
that is settled in cash and the value of which is set by the Committee but is not calculated by reference to the Fair Market Value of
a Share.


 


“Change of Control” means the occurrence
of any of the following events:


 


(i)       during
any period of twenty-four (24) consecutive calendar months, individuals who were Directors on the first day of such period (the “Incumbent
Directors”) cease for any reason to constitute a majority of the non-employee members of the Board; provided, however,
that any individual becoming a Director subsequent to the first day of such period whose election, or nomination for election, by the
Company’s stockholders was approved by a vote of at least a majority of the Incumbent Directors shall be considered as though such
individual were an Incumbent Director, but excluding, for purposes of this proviso, any such individual whose initial assumption of office
occurs as a result of, or in connection with, an actual or threatened proxy contest with respect to the election or removal of Directors
or other actual or threatened solicitation of proxies or consents by or on behalf of any Person or Persons (whether or not acting in concert)
other than the Board;


 






     


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(ii)       the
consummation of (A) a merger, consolidation, statutory share exchange or similar form of transaction involving (x) the Company
or (y) any of its Subsidiaries, but in the case of this clause (y) only if Company Voting Securities (as defined below) are
issued or issuable (a “Reorganization”) or (B) the sale or other similar disposition of all or substantially all the
assets of the Company to an entity that is not an Affiliate (a “Sale”), in each case, if such Reorganization or Sale requires
the approval of the Company’s stockholders under the law of the Company’s jurisdiction of organization (whether such approval
is required for such Reorganization or Sale or for the issuance of securities of the Company in such Reorganization or Sale), unless,
immediately following such Reorganization or Sale, (1) all or substantially all the Persons who were the “beneficial owners”
(as used in Rule 13d-3 under the Exchange Act (or a successor rule thereto)) of the securities eligible to vote for the election
of the Board (“Company Voting Securities”) outstanding immediately prior to the consummation of such Reorganization or Sale
continue to beneficially own, directly or indirectly, more than 50% of the combined voting power of the then outstanding voting securities
of the corporation or other entity resulting from such Reorganization or Sale (including a corporation or other entity that, as a result
of such transaction, owns the Company or all or substantially all the Company’s assets either directly or through one or more subsidiaries)
(the “Continuing Company”) in substantially the same proportions as their ownership, immediately prior to the consummation
of such Reorganization or Sale, of the outstanding Company Voting Securities (excluding, for such purposes, any outstanding voting securities
of the Continuing Company that such beneficial owners hold immediately following the consummation of the Reorganization or Sale as a result
of their ownership prior to such consummation of voting securities of any corporation or other entity involved in or forming part of such
Reorganization or Sale other than the Company), (2) no Person (excluding any employee benefit plan (or related trust) sponsored or
maintained by the Continuing Company, any entity controlled by the Continuing Company or, collectively, TPG VIII Cannes Holdings, L.P.,
TPG Cannes Aggregation, L.P. and TPG HC Cannes Holdings, L.P.) beneficially owns, directly or indirectly, 50% or more of the combined
voting power of the then outstanding voting securities of the Continuing Company and (3) at least a majority of the members of the
board of directors of the Continuing Company were Incumbent Directors at the time of the execution of the definitive agreement providing
for such Reorganization or Sale or, in the absence of such an agreement, at the time at which approval of the Board was obtained for such
Reorganization or Sale;


 


(iii)       the
stockholders of the Company approve a plan of complete liquidation or dissolution of the Company unless such liquidation or dissolution
is part of a transaction or series of transactions described in paragraph (ii) above that does not otherwise constitute a Change
of Control; or


 






     


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(iv)       any
Person, corporation or other entity (other than (A) the Company, (B) any trustee or other fiduciary holding securities under
an employee benefit plan of the Company or an Affiliate or (C) collectively, TPG VIII Cannes Holdings, L.P., TPG Cannes Aggregation,
L.P. and TPG HC Cannes Holdings, L.P.) becomes the beneficial owner, directly or indirectly, of securities of the Company representing
50% or more of the combined voting power of the Company Voting Securities; provided, however, that for purposes of this
subparagraph (iv), the following acquisitions shall not constitute a Change of Control: any acquisition (w) directly from the
Company, (x) by any employee benefit plan (or related trust) sponsored or maintained by the Company or an Affiliate, (y) by
an underwriter temporarily holding such Company Voting Securities pursuant to an offering of such securities or any acquisition by a pledgee
of Company Voting Securities holding such securities as collateral or temporarily holding such securities upon foreclosure of the underlying
obligation or (z) pursuant to a Reorganization or Sale that does not constitute a Change of Control for purposes of subparagraph (ii)
above.


 


“Code” means the Internal Revenue Code
of 1986, as amended from time to time, or any successor statute thereto, and the regulations promulgated thereunder.


 


“Committee” means the Compensation Committee
of the Board or a subcommittee thereof, or such other committee of the Board as may be designated by the Board to administer the Plan.


 


“Company” means Convey Holding Parent,
Inc., a corporation organized under the laws of Delaware, together with any successor thereto.


 


“Director” means any non-employee member
of the Board, but solely in his or her capacity as such a member of the Board.


 


“DSU” means a deferred share unit Award
that represents an unfunded and unsecured promise to deliver Shares in accordance with the terms of the applicable Award Agreement.


 


“Effective Date” shall have the meaning
specified in Section 11.


 


“Eligible Person” means any director,
officer, employee or consultant (including any prospective director, officer, employee or consultant) of the Company or its Affiliates
who is an “employee” within the meaning of Form S-8 under the Exchange Act, as in effect from time to time.


 


“Exchange Act” means the Securities Exchange
Act of 1934, as amended from time to time, or any successor statute thereto, and the regulations promulgated thereunder.


 


“Exercise Price” means (a) in the
case of each Option, the price specified in the applicable Award Agreement as the price-per-Share at which Shares may be purchased pursuant
to such Option or (b) in the case of each SAR, the price specified in the applicable Award Agreement as the reference price-per-Share
used to calculate the amount payable to the Participant pursuant to such SAR.


 






     


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“Expiration Date” shall have the meaning
specified in Section 11.


 


“Fair Market Value” means, except as
otherwise provided in the applicable Award Agreement, (a) with respect to any property other than Shares, the fair market value of
such property determined by such methods or procedures as shall be established from time to time by the Committee and (b) with respect
to Shares, as of any date, (i) the closing per-share sales price of Shares as reported by the Applicable Exchange for such stock
exchange for such date or if there were no sales on such date, on the closest preceding date on which there were sales of Shares or (ii) in
the event there shall be no public market for the Shares on such date, the fair market value of the Shares as determined in good faith
by the Committee.


 


“Incentive Stock Option” means an option
to purchase Shares from the Company that (a) is granted under Section 6(b) of the Plan and (b) is intended to qualify for
special Federal income tax treatment pursuant to Sections 421 and 422 of the Code, as now constituted or subsequently amended, or
pursuant to a successor provision of the Code, and which is so designated in the applicable Award Agreement.


 


“Independent Director” means a member
of the Board (a) who is neither an employee of the Company nor an employee of any Affiliate, and (b) who, at the time of acting,
is a “Non-Employee Director” within the meaning of Rule 16b-3.


 


“Nonqualified Stock Option” means an
option to purchase Shares from the Company that (a) is granted under Section 6(b) of the Plan and (b) is not an Incentive
Stock Option.


 


“Option” means an Incentive Stock Option
or a Nonqualified Stock Option or both, as the context requires.


 


“Participant” means any Eligible Person
who is selected by the Committee to receive an Award or who receives a Substitute Award.


 


“Performance Criteria” means the criterion
or criteria that the Committee shall select for purposes of any Award and shall be based on the attainment of specific levels of performance
of the Company or any of its Subsidiaries, Affiliates, divisions or operational units, or any combination of the foregoing, which may
include any of the following: (A) share price; (B) net income or earnings before or after taxes (including earnings before interest,
taxes, depreciation and/or amortization); (C) operating income, (D) earnings per share (including specified types or categories
thereof); (E) cash flow (including specified types or categories thereof); (F) revenues (including specified types or categories
thereof); (G) return measures (including specified types or categories thereof); (H) shareholder return measures (including
specified types or categories thereof); (I) sales or product volume; (J) working capital; (K) gross or net profitability/profit
margins (including profitability of an identifiable business unit or product); (L) objective measures of productivity or operating
efficiency; (M) costs (including specified types or categories thereof); (N) expenses (including specified types or categories
thereof); (O) product unit and pricing targets; (P) premiums written and sales of particular products; (Q) combined ratio;
(R) operating ratio; (S) leverage ratio; (T) credit rating; (U) borrowing levels; (V) market share (in the aggregate
or by segment); (W) level or amount of acquisitions; (X) economic value; (Y) enterprise value; (Z) book, economic
book or intrinsic book value (including book value per share); (AA) improvements in capital structure; (BB) customer satisfaction
survey results and (CC) implementation or completion of critical projects.


 






     


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“Person” means a “person”
or “group” within the meaning of Sections 3(a)(9), 13(d) and 14(d) of the Exchange Act.


 


“Plan” shall have the meaning specified
in Section 1.


 


“Prior Plan” means the Company’s
2019 Equity Incentive Plan.


 


“Restricted Share” means a Share that
is granted under Section 6(d) of the Plan that is subject to certain transfer restrictions, forfeiture provisions and/or other terms
and conditions specified herein and in the applicable Award Agreement.


 


“RSU” means a restricted stock unit Award
that is granted under Section 6(d) of the Plan and is designated as such in the applicable Award Agreement and that represents an
unfunded and unsecured promise to deliver Shares, cash, other securities, other Awards or other property in accordance with the terms
of the applicable Award Agreement.


 


“Rule 16b-3” means Rule 16b-3
under the Exchange Act or any successor rule or regulation thereto as in effect from time to time.


 


“SAR” means a stock appreciation right
Award that is granted under Section 6(c) of the Plan and that represents an unfunded and unsecured promise to deliver Shares, cash,
other securities, other Awards or other property equal in value to the excess, if any, of the Fair Market Value per Share over the Exercise
Price per Share of the SAR, subject to the terms of the applicable Award Agreement.


 


“SEC” means the Securities and Exchange
Commission or any successor thereto and shall include the staff thereof.


 


“Shares” means shares of common stock
of the Company, $0.01 par value, or such other securities of the Company (a) into which such shares shall be changed by reason of
a recapitalization, merger, consolidation, split-up, combination, exchange of shares or other similar transaction or (b) as may be
determined by the Committee pursuant to Section 4(d).


 


“Subsidiary” means any entity in which
the Company, directly or indirectly, possesses fifty percent (50%) or more of the total combined voting power of all classes of its stock.


 


“Substitute Awards” shall have the meaning
specified in Section 4(e).


 






     


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“Treasury Regulations” means all proposed,
temporary and final regulations promulgated under the Code, as such regulations may be amended from time to time (including corresponding
provisions of succeeding regulations).


 


SECTION 3. Administration. (a)  Composition
of the Committee. The Plan shall be administered by the Committee, which shall be composed of one or more directors, as determined
by the Board. The members of the Committee shall be Independent Directors, unless otherwise determined by the Board.


 


(b)    
Authority of the Committee. Subject to the terms of the Plan and Applicable Law, and in addition to the other express powers
and authorizations conferred on the Committee by the Plan, the Committee shall have sole and plenary authority to administer the Plan,
including the authority to (i) designate Participants, (ii) determine all terms and conditions of Awards, (iii) interpret,
administer, reconcile any inconsistency in, correct any default in and supply any omission in, the Plan and any instrument or agreement
relating to, or Award made under, the Plan, (iv) establish, amend, suspend or waive such rules and regulations and appoint such agents
as it shall deem appropriate for the proper administration of the Plan, (v) accelerate the vesting or exercisability of, payment
for or lapse of restrictions on, Awards, and (vi) make any other determination and take any other action that the Committee deems
necessary or desirable for the administration of the Plan.


 


(c)     
Committee Decisions. Unless otherwise expressly provided in the Plan, all designations, determinations, interpretations
and other decisions under or with respect to the Plan or any Award shall be within the sole and plenary discretion of the Committee, may
be made at any time and shall be final, conclusive and binding upon all Persons, including the Company, any Affiliate, any Participant,
any holder or beneficiary of any Award and any stockholder.


 


(d)    
Indemnification. No member of the Board, the Committee or any employee of the Company (each such person, a “Covered
Person”) shall be liable for any action taken or omitted to be taken or any determination made in good faith with respect to the
Plan or any Award. Each Covered Person shall be indemnified and held harmless by the Company from and against (i) any loss, cost,
liability or expense (including attorneys’ fees) that may be imposed upon or incurred by such Covered Person in connection with
or resulting from any action, suit or proceeding to which such Covered Person may be a party or in which such Covered Person may be involved
by reason of any action taken or omitted to be taken under the Plan or any Award Agreement and (ii) any and all amounts paid by such
Covered Person, with the Company’s approval, in settlement thereof, or paid by such Covered Person in satisfaction of any judgment
in any such action, suit or proceeding against such Covered Person; provided that the Company shall have the right, at its own
expense, to assume and defend any such action, suit or proceeding, and, once the Company gives notice of its intent to assume the defense,
the Company shall have sole control over such defense with counsel of the Company’s choice. The foregoing right of indemnification
shall not be available to a Covered Person to the extent that a court of competent jurisdiction in a final judgment or other final adjudication,
in either case not subject to further appeal, determines that the acts or omissions of such Covered Person giving rise to the indemnification
claim resulted from such Covered Person’s bad faith, fraud or willful criminal act or omission or that such right of indemnification
is otherwise prohibited by law or by the Company’s Amended and Restated Certificate of Incorporation or Restated Bylaws, in each
case, as may be amended from time to time. The foregoing right of indemnification shall not be exclusive of any other rights of indemnification
to which Covered Persons may be entitled under the Company’s Amended and Restated Certificate of Incorporation or Restated Bylaws,
as a matter of law, or otherwise, or any other power that the Company may have to indemnify such persons or hold them harmless.


 






     


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(e)     
Delegation of Authority to Senior Officers. The Committee may delegate to one or more senior officers of the Company the
authority to make grants of Awards to current and prospective Eligible Persons (other than any such Eligible Person who is an officer,
or a prospective officer who is expected to be, subject to Section 16 of the Exchange Act) and all necessary and appropriate decisions
and determinations with respect thereto.


 


(f)      
Awards to Independent Directors. The Board may, in its sole and plenary discretion, at any time and from time to time, grant
Awards to Independent Directors or administer the Plan with respect to such Awards. In any such case, the Board shall have all the authority
and responsibility granted to the Committee herein.


 


SECTION 4. Share Limits and Share Usage. (a)  Share
Limits. (i) Subject to adjustment as provided in Section 4(d), the maximum number of Shares that may be delivered pursuant
to Awards shall be equal to 9,250,000 (the “Plan Share Limit”); provided, that, the Plan Share Limit shall be increased
on each January 1 that occurs following the Effective Date and prior to the Expiration Date in an amount equal to the lesser of (x) 4%
of the number of outstanding Shares as of the last day of the immediately preceding calendar year and (y) such number of Shares determined
by the Committee.


 


(ii)           
Subject to adjustment as provided in Section 4(d), the maximum number of Shares that may be delivered upon the exercise of
Incentive Stock Options shall be equal to 9,250,000 (the “Plan ISO Limit”).


 


(b)    
Share Usage. If, after the Effective Date, (A) any Award is forfeited, or otherwise expires, terminates or is canceled
without the delivery of all Shares subject thereto, (B) any Award is settled other than wholly by delivery of Shares (including cash
settlement) or (C) Shares are surrendered or tendered to the Company in payment of any taxes withheld in respect of an Award (other than
an Option or SAR), then, in the case of clauses (A), (B) and (C), the number of Shares subject to such Award that were not issued,
or were tendered or substituted, with respect to such Award shall not be treated as delivered for purposes of reducing the Plan Share
Limit; provided, however, that Shares (W) surrendered or tendered to the Company in payment of the Exercise Price of an
Option, (X) surrendered or tendered to the Company in payment of any taxes withheld in respect of Options or SARs, (Y) subject to a SAR
that are not issued in connection with its stock settlement on exercise thereof, or (Z) reacquired by the Company on the open market or
otherwise using cash proceeds from the exercise of Options shall, in the case of clauses (W), (X), (Y) and (Z), be deemed issued and shall
not be added to the Plan Share Limit.


 


(c)     
Independent Director Limit. No Director may be paid, issued or granted, in any fiscal year, cash compensation and equity
awards (including any Awards issued under the Plan) with an aggregate value greater than (i) $1,500,000, in the case of any Director who
also serves as the Chairman of the Board and (ii) $750,000, in the case of any other Director (in each case, with the value of each Award
(or any other equity award) based on its grant date fair value (determined in accordance with U.S. generally accepted accounting principles))
(such limits, collectively, the “Director Pay Limit”). Any cash compensation paid or Awards (or any other equity awards) granted
to an individual for his or her services as an employee, or for his or her services as a consultant (other than as a Director), will not
be subject to the Director Pay Limit. Any such compensation that is deferred will be counted toward the Director Pay Limit for the year
in which it was first earned, and not when paid or settled (if later).


 






     


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(d)    
Adjustments for Changes in Capitalization and Similar Events. (i)  In the event of any extraordinary dividend
or other extraordinary distribution (whether in the form of cash, Shares, other securities or other property), recapitalization, rights
offering, stock split, reverse stock split, split-up or spin-off, the Committee shall equitably adjust any or all of (A) the number
of Shares or other securities of the Company (or number and kind of other securities or property) with respect to which Awards may be
granted, including the Plan Share Limit and the Plan ISO Limit, and (B) the terms of any outstanding Award, including (1) the
number of Shares or other securities of the Company (or number and kind of other securities or property) subject to such Award or to which
such Award relates, (2) the Exercise Price, if applicable, with respect to such Award and (3) the vesting terms (including performance
goals) applicable to such Award; provided, however, that the Committee shall determine the method and manner in which to
effect such equitable adjustment.


 


(ii)           
In the event that the Committee determines that any reorganization, merger, consolidation, combination, repurchase or exchange
of Shares or other securities of the Company, issuance of warrants or other rights to purchase Shares or other securities of the Company,
or other similar corporate transaction or event affects the Shares (including any Change of Control) such that an adjustment is determined
by the Committee to be appropriate or desirable, then the Committee may (A) in such manner as it may deem appropriate or desirable,
equitably adjust any or all of (1) the number of Shares or other securities of the Company (or number and kind of other securities
or property) with respect to which Awards may be granted, including the Plan Share Limit and the Plan ISO Limit, and (2) the terms
of any outstanding Award, including (X) the number of Shares or other securities of the Company (or number and kind of other securities
or property) subject to such Award or to which such Awards relates, (Y) the Exercise Price, if applicable, with respect to any Award
and (Z) the vesting terms (including performance goals) applicable to such Award, (B) if deemed appropriate or desirable by
the Committee, make provision for a cash payment to the holder of an outstanding Award in consideration for the cancelation of such Award,
including, in the case of an outstanding Option or SAR, a cash payment to the holder of such Option or SAR in consideration for the cancelation
of such Option or SAR in an amount equal to the excess, if any, of the Fair Market Value (as of a date specified by the Committee) of
the Shares subject to such Option or SAR over the aggregate Exercise Price of such Option or SAR and (C) if deemed appropriate or
desirable by the Committee, cancel and terminate any Option or SAR having a per-Share Exercise Price equal to, or in excess of, the Fair
Market Value of a Share subject to such Option or SAR without any payment or consideration therefor.


 


(e)     
Substitute Awards. Awards may be granted under the Plan in assumption of, or in substitution for, outstanding awards previously
granted by the Company or any of its Affiliates or a company acquired by the Company or any of its Affiliates or with which the Company
or any of its Affiliates combines (“Substitute Awards”); provided, however, that in no event may any Substitute
Award be granted in a manner that would violate the prohibitions on repricing of Options and SARs set forth in Section 7(d). The
number of Shares underlying any Substitute Awards shall not be counted against the Plan Share Limit; provided, however,
that Substitute Awards issued or intended as Incentive Stock Options shall be counted against the Plan ISO Limit.


 






     


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(f)      
Sources of Shares Deliverable Under Awards. Any Shares delivered pursuant to an Award may consist, in whole or in part,
of authorized and unissued Shares, treasury Shares or Shares reacquired by the Company in any manner.


 


SECTION 5. Eligibility. Any Eligible Person
shall be eligible to receive an Award.


 


SECTION 6. Awards. (a)  Types
of Awards. Awards may be made under the Plan in the form of (i) Options (including Incentive Stock Options), (ii) SARs,
(iii) Restricted Shares, (iv) RSUs or DSUs, (v) Cash Incentive Awards, or (vi) other equity based or equity related
Awards that the Committee determines are consistent with the purpose of the Plan and the interests of the Company. The Committee shall
determine all terms and conditions of each Award (including any Performance Criteria applicable thereto), which shall be set forth in
the applicable Award Agreement.


 


(b)    
Options. (i)  General. Each Option shall be a Nonqualified Stock Option unless the applicable Award Agreement
expressly states that the Option is intended to be an Incentive Stock Option. In the case of Incentive Stock Options, the terms and conditions
of such Awards shall be subject to and comply with such rules as may be prescribed by Section 421 and 422 of the Code and any regulations
related thereto, as may be amended from time to time. If, for any reason, an Option intended to be an Incentive Stock Option (or any portion
thereof) shall not qualify as an Incentive Stock Option, then, to the extent of such nonqualification, such Option (or portion thereof)
shall be regarded as a Nonqualified Stock Option appropriately granted under the Plan.


 


(ii)           
Exercise Price. The Exercise Price of each Share covered by each Option shall be not less than 100% of the Fair Market Value
of such Share (determined as of the date the Option is granted); provided, however, that in the case of each Incentive Stock
Option granted to an employee who, at the time of the grant of such Option, owns stock representing more than 10% of the voting power
of all classes of stock of the Company or any Affiliate, the per-Share Exercise Price shall be no less than 110% of the Fair Market Value
per Share on the date of the grant.


 


(iii)         
Vesting and Exercise. Except as otherwise specified in the applicable Award Agreement, each Option may only be exercised
to the extent that it has vested at the time of exercise. Each Option shall be deemed to be exercised when written or electronic notice
of such exercise has been given to the Company in accordance with the terms of the Award by the person entitled to exercise the Award
and full payment pursuant to Section 6(b)(iv) for the Shares with respect to which the Award is exercised has been received by the
Company.


 






     


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(iv)         
Payment. No Shares shall be delivered pursuant to any exercise of an Option until payment in full of the aggregate Exercise
Price therefor is received by the Company, and the Participant has paid to the Company (or the Company has withheld in accordance with
Section 9(d)) an amount equal to any Federal, state, local and foreign income and employment taxes required to be withheld. Such
payments may be made in cash (or its equivalent) or, in the Committee’s discretion, through any other method (or combination of
methods) approved by the Committee.


 


(v)           
Expiration. Except as otherwise set forth in the applicable Award Agreement or required by Applicable Law, each Option shall
expire immediately, without any payment, upon the earlier of (A) the tenth anniversary of the date the Option is granted and (B) three
months after the date the Participant who is holding the Option ceases to be a director, officer, employee or consultant of the Company
or one of its Affiliates. In no event may an Option be exercisable after the tenth anniversary of the date the Option is granted.


 


(c)     
SARs.


 


(i)             
Exercise Price. The Exercise Price of each Share covered by a SAR shall be not less than 100% of the Fair Market Value of
such Share (determined as of the date the SAR is granted).


 


(ii)           
Rights on Exercise. Except as otherwise specified in the applicable Award Agreement, each SAR may only be exercised to the
extent that it has vested at the time of exercise. Each SAR shall entitle the Participant to receive an amount upon exercise equal to
the excess, if any, of the Fair Market Value of a Share on the date of exercise of the SAR over the Exercise Price thereof.


 


(iii)         
Expiration. Except as otherwise set forth in the applicable Award Agreement or required by Applicable Law, each SAR shall
expire immediately, without any payment, upon the earlier of (A) the tenth anniversary of the date the SAR is granted and (B) three
months after the date the Participant who is holding the Option ceases to be a director, officer, employee or consultant of the Company
or one of its Affiliates. In no event may any SAR be exercisable after the tenth anniversary of the date the SAR is granted.


 


(d)    
Restricted Shares and RSUs/DSUs.


 


(i)             
Restricted Shares. Each Restricted Share shall be subject to the transfer restrictions and vesting or forfeiture provisions
set forth in the applicable Award Agreement. If certificates representing Restricted Shares are registered in the name of the applicable
Participant, such certificates must bear an appropriate legend referring to the terms, conditions and restrictions applicable to such
Restricted Shares, and the Company may, at its discretion, retain physical possession of such certificates until such time as all applicable
restrictions lapse.


 


(ii)           
RSUs/DSUs. Each RSU shall be granted with respect to a specified number of Shares (or a number of Shares determined pursuant
to a specified formula) or shall have a value equal to the Fair Market Value of a specified number of Shares (or a number of Shares determined
pursuant to a specified formula). RSUs and DSUs shall be paid in cash, Shares, other securities, other Awards or other property, upon
the vesting thereof or such other date (or upon such other event) specified in the applicable Award Agreement.


 






     


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(e)     
Cash Incentive Awards. The Committee shall determine the applicable Performance Criteria and other payment conditions with
respect to each Cash Incentive Award. The Committee may, in its discretion, reduce or increase the amount of any payment otherwise to
be made in connection with Cash Incentive Awards.


 


(f)      
Other Stock-Based Awards. The Committee shall have authority to grant to Participants other equity-based or equity-related
Awards (whether payable in cash, equity or otherwise), including fully vested Shares, in such amounts and subject to such terms and conditions
as the Committee shall determine.


 


SECTION 7. General Award Terms.


 


(a)     
Minimum Vesting. Awards granted under the Plan (other than cash-based Awards) shall vest no earlier than the first anniversary
of the date on which the Award is granted; provided that the Committee may grant Awards in respect of up to a maximum of 5% of
the Plan Share Limit (subject to adjustment under Section 4(d)) that shall not be subject to the foregoing minimum vesting requirement.
The foregoing minimum vesting requirement shall not apply to (i) Awards granted to Directors, (ii) Awards that vest or become exercisable
due to death, disability, retirement, termination of employment or in connection with a Change of Control, (iii) Substitute Awards, or
(iv) Awards settled in Shares in lieu of fully vested cash-based Awards that were subject to the forgoing minimum vesting requirement.


 


(b)    
Dividends and Dividend Equivalents. Any Award (other than an Option, SAR or Cash Incentive Award) may provide the Participant
with dividends or dividend equivalents, payable in cash, Shares, other securities, other Awards or other property, on a current or deferred
or vested or unvested basis, including (i) payment directly to the Participant, (ii) withholding of such amounts by the Company
subject to vesting of the Award or (iii) reinvestment in additional Shares, Restricted Shares or other Awards; provided, however,
that any dividends or dividend equivalents with respect to Awards subject to vesting requirements shall be accumulated in a manner determined
by the Committee until such Award is earned and such dividends and dividend equivalents shall not be paid if the vesting requirements
of the underlying Award are not satisfied.


 


(c)     
Recoupment of Awards. Awards shall be subject to the Company’s compensation recoupment policy as may be established
or amended from time to time (the “Clawback Policy”). The Company may require a Participant to forfeit, return or reimburse
the Company all or a portion of the Award and any amounts paid thereunder pursuant to the terms of the Clawback Policy or as necessary
or appropriate to comply with Applicable Laws.


 


(d)    
Repricing. Notwithstanding anything herein to the contrary, in no event may any Option or SAR (i) be amended to decrease
the Exercise Price thereof, (ii) be canceled at a time when its Exercise Price exceeds the Fair Market Value of the underlying Shares
in exchange for another Award, award under any other equity- compensation plan or any cash payment or (iii) be subject to any action
that would be treated, for accounting purposes, as a “repricing” of such Option or SAR, unless such amendment, cancelation
or action is approved by the Company’s stockholders. For the avoidance of doubt, an adjustment to the Exercise Price of an Option
or SAR that is made in accordance with Section 4(d) or Section 8 shall not be considered a reduction in Exercise Price or “repricing”
of such Option or SAR.


 






     


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SECTION 8. Change of Control; Other Transactions.
(a)  The applicable Award Agreement will specify, if any, the effect of a Change of Control upon an Award.


 


(b)     Without
limitation to the Board's obligations set forth in Section 4(d), the Committee may, in its discretion, make adjustments to the
terms and conditions of Awards in recognition of unusual or nonrecurring events (including the events described in Section 4(d)
or the occurrence of a Change of Control) affecting the Company, any Affiliate, or the financial statements of the Company or any
Affiliate, or of changes in Applicable Law or accounting principles, (i) by providing for a substitution or assumption of
Awards, accelerating the exercisability of, lapse of restrictions on, or termination of, Awards or providing for a period of time
for exercise prior to the occurrence of such event, (ii) by providing for a cash payment to the holder of an Award in
consideration for the cancelation of such Award, including, in the case of an outstanding Option or SAR, a cash payment to the
holder of such Option or SAR in consideration for the cancelation of such Option or SAR in an amount equal to the excess, if any, of
the Fair Market Value (as of a date specified by the Committee) of the Shares subject to such Option or SAR over the aggregate
Exercise Price of such Option or SAR and (iii) by canceling and terminating any Option or SAR having a per-Share Exercise Price
equal to, or in excess of, the Fair Market Value of a Share subject to such Option or SAR without any payment or consideration
therefor.


 


SECTION 9. General Provisions. (a)  Nontransferability.
During the Participant’s lifetime, each Award (and any rights and obligations thereunder) shall be exercisable only by the Participant,
or, if permissible under Applicable Law, by the Participant’s legal guardian or representative, and no Award (or any rights and
obligations thereunder) may be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by a Participant otherwise
than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer
or encumbrance shall be void and unenforceable against the Company or any Affiliate; provided that the designation of a beneficiary
shall not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. All terms and conditions of the Plan
and the applicable Award Agreements shall be binding upon any permitted successors and assigns.


 


(b)    
No Rights to Awards. No Participant or other Person shall have any claim to be granted any Award, and there is no obligation
for uniformity of treatment of Participants or holders or beneficiaries of Awards. The terms and conditions of Awards and the Committee’s
determinations and interpretations with respect thereto need not be the same with respect to each Participant and may be made selectively
among Participants, whether or not such Participants are similarly situated.


 


(c)     
Share Certificates. All certificates for Shares or other securities of the Company or any Affiliate delivered under the
Plan pursuant to any Award or the exercise thereof shall be subject to such stop transfer orders and other restrictions as the Committee
may deem advisable under the Plan, the applicable Award Agreement or the rules, regulations and other requirements of the SEC, the Applicable
Exchange and any Applicable Law and the Committee may cause a legend or legends to be put on any such certificates to make appropriate
reference to such restrictions. Notwithstanding any other provision of the Plan, unless otherwise determined by the Committee or required
by any Applicable Law, the Company shall not deliver to any Participant certificates evidencing Shares issues in connection with any Award
and instead such Shares shall be recorded in the books of the Company (or, as applicable, its transfer agent or stock plan administrator).


 






     


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(d)    
Withholding. A Participant may be required to pay to the Company or any Affiliate, and the Company or any Affiliate shall
have the right and is hereby authorized to withhold from any Award, from any payment due or transfer made under any Award or under the
Plan or from any compensation or other amount owing to a Participant, the amount (in cash, Shares, other securities, other Awards or other
property) of any applicable withholding taxes in respect of an Award, its exercise or any payment or transfer under an Award or under
the Plan and to take such other action as may be necessary in the opinion of the Committee or the Company to satisfy all obligations for
the payment of such taxes, except to the extent such withholding would result in penalties under Section 409A of the Code. Without
limiting the generality of the foregoing, subject to the Committee’s prior approval, a Participant may satisfy, in whole or in part,
such withholding liability by having the Company withhold from the number of Shares otherwise issuable pursuant to the Award, a number
of Shares having a Fair Market Value equal to such withholding liability.


 


(e)     
Section 409A. (i)  It is intended that the provisions of the Plan comply with Section 409A of the Code,
and all provisions of the Plan shall be construed and interpreted in a manner consistent with the requirements for avoiding taxes or penalties
under Section 409A of the Code.


 


(ii)           
No Participant or the creditors or beneficiaries of a Participant shall have the right to subject any deferred compensation (within
the meaning of Section 409A of the Code) payable under the Plan to any anticipation, alienation, sale, transfer, assignment, pledge,
encumbrance, attachment or garnishment. Except as permitted under Section 409A of the Code, any deferred compensation (within the
meaning of Section 409A of the Code) payable to any Participant or for the benefit of any Participant under the Plan may not be reduced
by, or offset against, any amount owing by any such Participant to the Company or any of its Affiliates.


 


(iii)         
If, at the time of a Participant’s separation from service (within the meaning of Section 409A of the Code), (A) such
Participant shall be a specified employee (within the meaning of Section 409A of the Code and using the identification methodology
selected by the Company from time to time) and (B) the Company shall make a good faith determination that an amount payable pursuant
to an Award constitutes deferred compensation (within the meaning of Section 409A of the Code) the payment of which is required to
be delayed pursuant to the six-month delay rule set forth in Section 409A of the Code in order to avoid taxes or penalties under
Section 409A of the Code, then the Company shall not pay such amount on the otherwise scheduled payment date but shall instead pay
it on the first business day after such six-month period. Such amount shall be paid without interest, unless otherwise determined by the
Committee, in its sole discretion, or as otherwise provided in any applicable employment agreement between the Company and the relevant
Participant.


 


(iv)         
Notwithstanding any provision of the Plan to the contrary, in light of the uncertainty with respect to the proper application of
Section 409A of the Code, the Company reserves the right to make amendments to any Award as the Company deems necessary or desirable
to avoid the imposition of taxes or penalties under Section 409A of the Code. In any case, a Participant shall be solely responsible
and liable for the satisfaction of all taxes and penalties that may be imposed on such Participant or for such Participant’s account
in connection with an Award (including any taxes and penalties under Section 409A of the Code), and neither the Company nor any of
its Affiliates shall have any obligation to indemnify or otherwise hold such Participant harmless from any or all of such taxes or penalties.


 






     


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(f)      
Award Agreements. Each Award hereunder shall be evidenced by an Award Agreement, which shall be delivered to the Participant
and shall specify the terms and conditions of the Award and any rules applicable thereto.


 


(g)    
No Limit on Other Compensation Arrangements. Nothing contained in the Plan shall prevent the Company or any Affiliate from
adopting or continuing in effect other compensation arrangements (including other equity-based awards and cash incentive awards), and
such arrangements may be either generally applicable or applicable only in specific cases.


 


(h)    
No Right to Employment. The grant of an Award shall not be construed as giving a Participant the right to be retained as
a director, officer, employee or consultant of or to the Company or any Affiliate, nor shall it be construed as giving a Participant any
rights to continued service on the Board. Further, the Company or an Affiliate may at any time dismiss a Participant from employment or
discontinue any directorship or consulting relationship, free from any liability or any claim under the Plan, unless otherwise expressly
provided in the Plan or in any Award Agreement.


 


(i)      
No Rights as Stockholder. No Participant or holder or beneficiary of any Award shall have any rights as a stockholder with
respect to any Shares to be distributed under the Plan until he or she has become the holder of such Shares. In connection with each grant
of Restricted Shares, except as provided in the applicable Award Agreement, the Participant shall be entitled to the rights of a stockholder
(including the right to vote) in respect of such Restricted Shares. Except as otherwise provided in Section 4(d), Section 8(b)
or the applicable Award Agreement, no adjustments shall be made for dividends or distributions on (whether ordinary or extraordinary,
and whether in cash, Shares, other securities or other property), or other events relating to, Shares subject to an Award for which the
record date is prior to the date such Shares are delivered.


 


(j)      
Governing Law. The validity, construction and effect of the Plan and any rules and regulations relating to the Plan and
any Award Agreement shall be determined in accordance with the laws of the State of Delaware, without giving effect to the conflict of
laws provisions thereof.


 


(k)    
Severability. If any provision of the Plan or any Award is or becomes or is deemed to be invalid, illegal or unenforceable
in any jurisdiction or as to any Person or Award, or would disqualify the Plan or any Award under any law deemed applicable by the Committee,
such provision shall be construed or deemed amended to conform to the Applicable Laws, or if it cannot be construed or deemed amended
without, in the determination of the Committee, materially altering the intent of the Plan or the Award, such provision shall be construed
or deemed stricken as to such jurisdiction, Person or Award and the remainder of the Plan and any such Award shall remain in full force
and effect.


 






     


    15


    

 


(l)      
Other Laws; Restrictions on Transfer of Shares. The Committee may refuse to issue or transfer any Shares or other consideration
under an Award if it determines that the issuance or transfer of such Shares or such other consideration might violate any Applicable
Law or entitle the Company to recover the same under Section 16(b) of the Exchange Act, and any payment tendered to the Company by
a Participant, other holder or beneficiary in connection with the exercise of such Award shall be promptly refunded to the relevant Participant,
holder or beneficiary.


 


(m)  
No Trust or Fund Created. Neither the Plan nor any Award shall create or be construed to create a trust or separate fund
of any kind or a fiduciary relationship between the Company or any Affiliate, on one hand, and a Participant or any other Person, on the
other. To the extent that any Person acquires a right to receive payments from the Company or any Affiliate pursuant to an Award, such
right shall be no greater than the right of any unsecured general creditor of the Company or such Affiliate.


 


(n)    
No Fractional Shares. No fractional Shares shall be issued or delivered pursuant to the Plan or any Award, and the Committee
shall determine whether cash, other securities or other property shall be paid or transferred in lieu of any fractional Shares or whether
such fractional Shares or any rights thereto shall be canceled, terminated or otherwise eliminated.


 


(o)    
Requirement of Consent and Notification of Election Under Section 83(b) of the Code or Similar Provision. No election
under Section 83(b) of the Code or under a similar provision of Applicable Law may be made unless expressly permitted by the terms
of the applicable Award Agreement or by action of the Committee in writing prior to the making of such election. If an Award recipient,
in connection with the acquisition of Shares under the Plan or otherwise, is expressly permitted under the terms of the applicable Award
Agreement or by such Committee action to make such an election and the Participant makes the election, the Participant shall notify the
Committee of such election within ten days of filing notice of the election with the Internal Revenue Service (or any successor thereto)
or other governmental authority, in addition to any filing and notification required pursuant to regulations issued under Section 83(b)
of the Code or any other applicable provision.


 


(p)    
Requirement of Notification Upon Disqualifying Disposition Under Section 421(b) of the Code. If any Participant shall
make any disposition of Shares delivered pursuant to the exercise of an Incentive Stock Option under the circumstances described in Section 421(b)
of the Code (relating to certain disqualifying dispositions) or any successor provision of the Code, such Participant shall notify the
Company of such disposition within ten days of such disposition.


 


(q)    
Headings and Construction. Headings are given to the Sections and subsections of the Plan solely as a convenience to facilitate
reference. Such headings shall not be deemed in any way material or relevant to the construction or interpretation of the Plan or any
provision thereof. Whenever the words “include”, “includes” or “including” are used in the Plan, they
shall be deemed to be followed by the words “but not limited to”, and the word “or” shall not be deemed to be
exclusive.


 






     


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SECTION 10. Amendment and Termination. (a)  Amendments
to the Plan. Subject to any Applicable Law, the Plan may be amended, modified or terminated by the Board without the approval of the
stockholders of the Company, except that stockholder approval shall be required for any amendment that would (i) increase either
the Plan Share Limit or the Plan ISO Limit or the Director Pay Limit, (ii) expand the class of employees or other individuals eligible
to participate in the Plan, (iii) extend the Expiration Date, or (iv) result in the amendment, cancellation or action described
in Section 7(d) being permitted without the approval by the Company’s stockholders; provided, however, that any
adjustment under Section 4(d) shall not constitute an increase for purposes of this Section 10. No amendment, modification or
termination of the Plan may, without the consent of the Participant to whom any Award shall theretofor have been granted, materially and
adversely affect the rights of such Participant (or his or her transferee) under such Award, unless otherwise provided in the applicable
Award Agreement.


 


(b)    
Amendments to Awards. The Committee may waive any conditions or rights under, amend any terms of, or alter, suspend, discontinue,
cancel or terminate any Award theretofor granted, prospectively or retroactively; provided, however, that, except as set
forth in the Plan, unless otherwise provided in the applicable Award Agreement, any such waiver, amendment, alteration, suspension, discontinuance,
cancelation or termination that would materially and adversely impair the rights of any Participant or any holder or beneficiary of any
Award theretofor granted shall not to that extent be effective without the consent of the applicable Participant, holder or beneficiary.


 


SECTION 11. Term of the Plan. The Plan shall
be effective as of the date of its adoption by the Board and approval by the Company’s stockholders (the “Effective Date”).
No Award shall be granted under the Plan after the tenth anniversary of the Effective Date (the “Expiration Date”). Unless
otherwise expressly provided in the Plan or in an applicable Award Agreement, any Award granted hereunder, and the authority of the Board
or the Committee to amend, alter, adjust, suspend, discontinue or terminate any such Award or to waive any conditions or rights under
any such Award, shall nevertheless continue thereafter.